Document:

EX-10.6

 Exhibit 10.6 

TRANSITION SERVICES AGREEMENT 

TRANSITION SERVICES AGREEMENT (the “Agreement”) dated as of
                    , 2020, between Rank Group Limited, a company organized under the laws of New Zealand
(“Rank”) and Pactiv Evergreen Inc., a Delaware corporation, (the “Company” or “PEI”). Each Party or any of its Affiliates providing services hereunder shall be a “Provider,”
and each Party or any of its Affiliates receiving services hereunder shall be a “Recipient.” 
 PRELIMINARY STATEMENT

 A. Prior to [•], 2020 (the “Commencement Date”), the Company was a wholly owned subsidiary of Packaging Finance
Limited, a company organized under the laws of New Zealand (“PFL”) and a wholly owned Affiliate of Rank. 
 B. Effective on
the Commencement Date, the Company completed an initial public offering of its shares of common stock and listing on NASDAQ, and will no longer be a wholly owned subsidiary of PFL, nor a wholly owned Affiliate of Rank. 

C. In order to facilitate the separation of PEI Group from Rank Group, on and from the Commencement Date, (i) Rank will provide, or cause
its Affiliates to provide, certain services to the PEI Group, and (ii) PEI will provide, or cause its Affiliates to provide, certain services to Rank Group, all on the terms and conditions set forth herein. 

NOW, THEREFORE, the Parties agree as follows: 

ARTICLE I 
 DEFINITIONS 

Section 1.1 Definitions. The following terms shall have the respective meanings set forth below throughout this Agreement: 

“Affiliate” means, with respect to Rank, any member of the Rank Group, and with respect to PEI, any member of the PEI Group.

 “Agreement” has the meaning set forth in the preamble. 

“Applicable Rate” means the average of the daily “prime rate” (expressed rate per annum) published in The Wall
Street Journal for each of the days in the applicable period, plus two percent (2%). 
 “Business” means the
manufacture and distribution of fresh foodservice, food merchandising products and fresh beverage cartons by the Company and activities ancillary thereto. 

“Business Day” means any day that is not (i) a Saturday, (ii) a Sunday, or (iii) any other day on which
commercial banks are authorized or required by law to be closed in the City of New York. 
 “Change” has the meaning set
forth in Section 3.1(c). 

 “Commencement Date” has the meaning set forth in the preamble. 

“Company” has the meaning set forth in the preamble. 

“Confidential Information” means any information of a Party, its Affiliates, members, licensors, consultants, service
providers, advisors or agents that is confidential or proprietary, however recorded or preserved, whether written or oral. Confidential Information includes trade secrets, pricing data, employee information, customer information, cost information,
supplier information, financial and tax matters, third-party contract terms, inventions, know-how, processes, methods, models, technical information, schedules, code, ideas, concepts, data, software and
business plans (regardless of whether such information is identified as confidential). 
 “Control”, as used with respect to
either Party, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Party, whether through the ownership of voting securities, by contract or otherwise. 

“CSI Business” has the meaning set forth in Exhibit A, Section C.2. 

“Dispute Negotiations” has the meaning set forth in Section 3.3(b). 

“Fees” has the meaning set forth in Section 5.1. 

“Force Majeure Event” has the meaning set forth in Section 10.1. 

“Governmental Authority” means governmental or quasi-governmental entity of any nature (including any governmental agency,
branch, department, official, or entity and any court or other tribunal) or (iii) body exercising, or entitled to exercise any administrative, executive, judicial, legislative, police, regulatory or taxing authority or power of any nature,
including any arbitral tribunal. 
 “Indemnified Parties” has the meaning set forth in
Section 9.1. 
 “Indemnifying Party” has the meaning set forth in
Section 9.1. 
 “Lake Forest Office” has the meaning set forth in Exhibit B, Section R-D. 
 “Law” means a law, statute, order, ordinance, rule, regulation, judgment,
injunction, order, or decree. 
 “Litigation” means any action, cease and desist letter, demand, suit, arbitration
proceeding, administrative or regulatory proceeding, citation, summons or subpoena of any nature, civil, criminal, regulatory or otherwise, in law or in equity. 

“Losses” means any and all damages, liabilities, losses, obligations, claims of any kind, interest and expenses (including
reasonable fees and expenses of attorneys). 
 “Party” means Rank or the Company, as applicable (collectively, the
“Parties”). 
 “PEI” has the meaning set forth in the preamble. 

 “PEI Group” means PEI or any of its direct or indirect subsidiaries. 

“Personnel” means, with respect to any Party, (i) the employees, officers and directors of such Party or its Affiliates
or (ii) agents, accountants, attorneys, independent contractors and other third parties engaged by such Party or its Affiliates. 

“PFL” has the meaning set forth in the preamble. 

“Provider” has the meaning set forth in the preamble. 

“Rank” has the meaning set forth in the preamble. 

“Rank Group” means Rank, its affiliates and its subsidiaries excluding the PEI Group. 

“Recipient” has the meaning set forth in the preamble. 

“Reverse Transition Services” has the meaning set forth in Section 2.1(b). 

“Sale and Services Taxes” has the meaning set forth in Section 5.5. 

“Security Incident” has the meaning set forth in Section 4.1. 

“Security Regulations” means a Party’s and its Affiliates’ system security policies, procedures and requirements, as
amended from time to time. 
 “Service Coordinator” has the meaning set forth in Section 3.3(a).

 “Service Standard” has the meaning set forth in Section 3.1(a). 

“Services” means the Transition Services and the Reverse Transition Services, unless the context requires otherwise. 

“Systems” has the meaning set forth in Section 3.5. 

“Tax” means any federal, state, local or foreign income, alternative, minimum, accumulated earnings, personal holding company,
franchise, capital stock, profits, windfall profits, gross receipts, sales, use, value added, transfer, registration, stamp, premium, excise, customs duties, severance, environmental (including taxes under section 59A of the Code), real
property, personal property, ad valorem, occupancy, license, occupation, employment, payroll, social security, disability, unemployment, workers’ compensation, withholding, estimated or other similar tax, duty, fee, assessment or other
governmental charge or deficiencies thereof (including all interest and penalties thereon and additions thereto). 
 “Terminating
Party” has the meaning set forth in Section 6.3. 
 “Term” has the meaning set forth in
Section 6.1. 
 “Termination Date” has the meaning set forth in
Section 6.1. 
 “Transition Services” has the meaning set forth in
Section 2.1(a). 
 “TSA Records” has the meaning set forth in
Section 7.1(a). 

 ARTICLE II 

SERVICES AND INTERNAL CONTROLS 

Section 2.1 Services. 

(a) In accordance with the terms and conditions of this Agreement, and upon the request of PEI, Rank shall provide, or shall
cause its Affiliates or, subject to Section 2.2, third parties to provide, to the PEI Group (in connection with the conduct of the Business) (as applicable), the services described on Exhibit A hereto (the
“Transition Services”) during the applicable Term of any such Service. Notwithstanding the content of Exhibit A, Rank agrees to consider in good faith any reasonable request by the Company for access to any additional service
that is necessary for the operation of the Business, at fees to be agreed upon after good faith negotiation between the Parties. Rank will not be in breach of this Agreement if it declines to provide a requested additional service for any good faith
reason, including the failure of the Parties to agree to the scope, term, and fee for the additional service. Any such additional services so provided by Rank shall constitute Services hereunder and be subject in all respects to the provisions of
this Agreement as if fully set forth on Exhibit A as of the date hereof. 
 (b) In accordance with the terms and
conditions of this Agreement, the Company shall, upon the request of Rank, provide, or shall cause its Affiliates or, subject to Section 2.2, third parties to provide, to Rank or one or more of its Affiliates, the services
described on Exhibit B hereto (the “Reverse Transition Services”) during the applicable Term of any such Service. Notwithstanding the content of Exhibit B, PEI agrees to consider in good faith any reasonable request by
Rank for access to any additional service that is necessary for the operation of its business, at fees to be agreed upon after good faith negotiation between the Parties. PEI will not be in breach of this Agreement if it declines to provide a
requested additional service for any good faith reason, including the failure of the Parties to agree to the scope, term, and fee for the additional service. Any such additional services so provided by PEI shall constitute Services hereunder and be
subject in all respects to the provisions of this Agreement as if fully set forth on Exhibit B as of the date hereof. 

Section 2.2 Performance by Affiliates or Subcontractors. Either Party may, in its sole discretion, engage, or cause one of its
Affiliates to engage, one or more parties (including other third parties or Affiliates) to provide some or all of the Services; provided, (i) such Party is using such Affiliate or third party to perform the same Services for itself and
its Affiliates (to the extent applicable), (ii) such arrangement would not increase the cost to the Recipient for such Services, and (iii) if such third party is not already engaged with respect to such Service as of the date hereof, the
Provider shall obtain the prior written consent of the Recipient (not to be unreasonably withheld). The Provider shall (x) be responsible for the performance or non-performance of any such parties and (y) in all cases remain responsible
for ensuring that obligations with respect to the standards of Services set forth in Article III of this Agreement are satisfied with respect to any Services provided by such Affiliate or third party. 

Section 2.3 Scope of Services. Other than as expressly set forth on Exhibit A, Exhibit B,
Section 2.1, or as agreed by the Parties in writing, in no event shall the Provider be obligated to provide any Service to the Recipient for any purpose other than to facilitate, on a transitional basis, the
Recipient’s ability to conduct business as it was conducted immediately preceding the date hereof. 

 Section 2.4 Internal Controls and Procedures. In addition to the requirements of
Article III and Article VII herein, with respect to the Services provided by Rank and its Affiliates providing Services hereunder, certain of the Services may involve processes that directly or indirectly support financial information
that the Company includes within its consolidated financial reports. The Company has an obligation to ensure that it has internal controls over financial reporting and must also ensure that its external auditors can complete their necessary
evaluation of the Company’s internal controls over financial reporting in accordance with applicable auditing standards. The Company and Rank and such Affiliates shall use reasonable commercial efforts to agree (i) what key controls over
financial reporting will be performed by Rank and such Affiliates within the processes that directly or indirectly support financial information that the Company includes within its consolidated financial reports; (ii) the frequency as to the
performance of the agreed key controls; and (iii) the form of documentation required to evidence the effective performance of the agreed key controls. Rank and its Affiliates will perform the agreed key controls and evidence such performance in
the agreed format. The Company shall have the right, in a manner to avoid unreasonable interruption to Rank’s or its Affiliates’ business, to (1) evaluate the effectiveness of the key controls; and (2) upon at least thirty
(30) days’ written notice to Rank, perform (through its external auditor) audit procedures over Rank’s internal controls and procedures for the Services provided under this Agreement; provided that such right to audit shall exist
solely to the extent reasonably required by the Company’s external auditors. The Company shall pay or reimburse all of Rank’s expenses and costs arising from such audit. The performance of the agreed key controls, preparation of
documentation, providing access to the Company or its delegate and the Company’s auditors will be billed at the agreed rates as set forth on Exhibit A. 

ARTICLE III 
 SERVICE LEVELS;
SERVICE COORDINATORS; TSA COMMITTEE 
 Section 3.1 Quality of Services. 

(a) A Provider shall perform the Services (i) at a level of quality substantially similar in all material respects to that
at which such Services were performed or enjoyed during the twelve (12) month period prior to the date hereof and (ii) in accordance with applicable Law (collectively, (i) and (ii), the “Service Standard”). Subject to
Section 3.1(c), internal controls of a Provider and its Affiliates with respect to the Service Standard shall remain materially the same in effect throughout the term of this Agreement. Each Party acknowledges that the
other Party and its Affiliates are not professional service providers of the Services. 
 (b) In the event of any material
failure of a Provider to perform the Services, as applicable, in accordance with the Service Standards, the Recipient shall provide the Provider with written notice of such material failure, and the Provider will use commercially reasonable efforts
to remedy such failure as soon as reasonably possible and in the same manner that the Provider would remedy such a failure for its other businesses undergoing such a material failure. 

(c) A Provider may, from time to time: (i) reasonably supplement, modify, upgrade, substitute or otherwise alter
(“Change”) any Service in a manner consistent with Changes made with respect to similar services provided by a Provider on its own behalf or to its Affiliates, including taking any physical or information security measures with
respect to such Service, in a manner that does not (x) adversely affect in any material respect the quality or availability of such Service or (y) materially increase 

 
the fees payable in connection with such Changed Service; provided that to the extent that any such Change is reasonably likely to modify, substitute or otherwise alter the receipt or use
of such Service, a Provider shall provide the Recipient with reasonable advance written notice of the implementation of the Change to the extent practicable under the circumstances; provided, further, that the Service Standard shall
continue to apply to such Service following any Change. If a Change is required by applicable Law or is in response to a threatened Security Incident, a Provider may make any and all changes to the Service necessary to comply with applicable Law and
any changes thereto or to respond to such threatened Security Incident in a manner consistent with responses made by a Provider on its own behalf or in respect of its Affiliates; provided that a Provider shall provide the Recipient such
reasonable advance written notice of the implementation of any such Change as may be practicable under the circumstances; and (ii) with reasonable advance written notice to the Recipient, temporarily suspend the provision of a Service as
necessary to conduct Systems maintenance or patching without such suspension constituting a breach of the Service Standard. 

(d) A Provider need not provide any Service if it is not permitted to do so by applicable Law. To the extent that any Service
is not permitted pursuant to applicable Law, the Parties will cooperate in good faith to enter into arrangements reasonably acceptable to each of the Parties under which the Recipient would obtain the benefit of such Service to the same extent (or
as nearly as practicable) as if such Service were permitted by applicable Law. 
 Section 3.2 Policies. Each Party shall, and
shall cause any of its Affiliates or third parties providing or receiving Services (as the case may be) to, follow the reasonable policies, procedures and practices of the other Party and its Affiliates applicable to the Services that are known or
made known to such Party. A failure of a Recipient to act in accordance with this Section 3.2 that prevents a Provider from providing a Service hereunder shall, upon reasonable advance written notice to the Recipient (where
practicable), relieve the Provider of its obligations under the Service until such time as the failure has been cured. 
 Section 3.3
Service Coordinators and Dispute Resolution. 
 (a) The Parties shall each nominate a representative to act as the
primary contact person with respect to the performance of the Services (each, a “Service Coordinator”). Unless otherwise agreed upon by the Parties, the Parties shall direct all initial communications relating to this Agreement and
the Services to the Service Coordinators. The initial Service Coordinators for the Parties, including their contact information, are set forth on Exhibit C. Either Party may replace its Service Coordinator at any time by providing notice and
contact information for the newly designated Service Coordinator in accordance with Section 10.5. The Service Coordinators shall oversee the implementation and ongoing operation of this Agreement. The Parties shall ensure
that their respective Service Coordinators shall meet in person or telephonically at such times as are reasonably requested by Rank or the Company to review and discuss the status of, and any issues arising in connection with, the Services or this
Agreement. 
 (b) In the event a dispute arises between the Parties under this Agreement, telephonic negotiations shall be
conducted between the Parties’ respective Service Coordinators within ten (10) days following a written request from any Party (“Dispute Negotiations”). If the Service Coordinators are unable to resolve the dispute within
ten 

 
(10) days after the Parties have commenced Dispute Negotiations, then either Rank or the Company, by written request to the other Party, may request that such dispute be referred for
resolution to the respective presidents (or similar position) of the divisions implicated by the matter for the Parties, or more senior executive of a Party if such Party so designates, which presidents (or other executives) will have fifteen
(15) days to resolve such dispute. If the presidents of the relevant divisions (or other executives) for each Party do not agree to a resolution of such dispute within fifteen (15) days after the reference of the matter to them, or if the
dispute is not otherwise resolved in a friendly manner as set forth in this Section 3.3, then any unresolved dispute may be resolved pursuant to Section 10.8. 

Section 3.4 Limitation of Services Provided. Except to the extent required to meet the Service Standards, in providing the
Services, the Parties are not obligated to: (i) hire any additional employees; (ii) maintain the employment of any specific employee; (iii) purchase, lease or license any additional equipment or software; or (iv) make any capital
investment to provide or continue providing the Services. The Parties have no responsibility to verify the correctness of any information given to them on behalf of the other Party for the purposes of providing the Services. 

Section 3.5 Third Party Licenses and Consents. The Parties will cooperate and assist each other, and use commercially reasonable
efforts, to obtain, or direct its Affiliates to obtain, any third party consents required under the terms of any agreement between a Party or any of its Affiliates, on the one hand, and a third party, on the other hand, in order for a Party or its
Affiliates to provide the Services during the Term. Notwithstanding the foregoing, if the provision of any Service as contemplated by this Agreement requires the consent, license or approval of any third party not previously obtained, the Parties
shall use commercially reasonable efforts, to obtain as promptly as possible after the Commencement Date, any third party consents, permits, licenses and approvals required under the terms of any third party agreement in order for the Provider to
provide the Services hereunder. The cost of obtaining any consent, permit, license or approval with respect to any Service shall be borne by the Recipient of the relevant Services. If any such consent, permit, license or approval is not obtained,
the Parties will cooperate in good faith to enter into reasonably acceptable arrangements under which the Recipient would obtain the benefit of such Service to the same extent (or as nearly as practicable) as if such consent were obtained (at the
Recipient’s cost), and each Party will continue to use commercially reasonable efforts to obtain any such required consent or amendment. The Parties acknowledge that it may not be practical to try to anticipate and identify every possible
legal, regulatory, and logistical impediment to the provision of Services hereunder. Accordingly, each Party will promptly notify the other Party if it reasonably determines that there is a legal, regulatory, or logistical impediment to the
provision of any Service, and the Parties shall each use commercially reasonable efforts to overcome such impediments so that the Services may be provided otherwise in accordance with the terms of this Agreement. All computer systems or software
(“Systems”), data, facilities and other resources owned by a Party, its Affiliates or third parties used in connection with the provision or receipt of the Services, as applicable, shall remain the property of such Party, its
Affiliates or third parties. 

 ARTICLE IV 

SECURITY; SYSTEMS 

Section 4.1 Security Breaches. If any Party discovers (a) any material breach of the Security Regulations or of the systems
used to provide the Services or (b) any breach or threatened breach of the Security Regulations that involves or may reasonably be expected to involve unauthorized access, disclosure or use of the other Party’s or its Affiliates’
Confidential Information (each of (a) and (b), a “Security Incident”), such Party shall, at the cost of the Party responsible for the Security Incident, (i) promptly (both orally, if practicable, and in any event in
writing) notify the other Party of the Security Incident and (ii) reasonably cooperate with the other Party (1) to take commercially reasonable measures necessary to control and contain the security of such Confidential Information,
(2) to remedy any such Security Incident, including using commercially reasonable efforts to identify and address any root causes for such Security Incident, (3) to furnish full details of the Security Incident to the other Party and keep
such other Party advised of all material measures taken and other developments with respect to such Security Incident, (4) in any litigation or formal action with third parties or in connection with any regulatory, investigatory or other action
of any Governmental Authority and (5) in notifying the other Party’s or its Affiliates’ customers and Personnel and other persons of the Security Incident to the extent reasonably requested by the other Party. 

Section 4.2 Systems Security. 

(a) If Rank, the Company, their Affiliates or their respective Personnel receive access to any of Rank’s, the
Company’s, or their respective Affiliates’, as applicable, Systems in connection with the Services, the accessing Party or its Personnel, as the case may be, shall comply with all of such other Party’s and its Affiliates’
reasonable Security Regulations known to such accessing Party or its Personnel or made known to such accessing Party or its Personnel in writing, and will not tamper with, compromise or circumvent any security, Security Regulations or audit measures
employed by such other Party or its relevant Affiliate. 
 (b) Each Party shall, and shall cause its Affiliates to, as
required by applicable Law, (i) ensure that only those of its Personnel who are specifically authorized to have access to the Systems of the other Party or its Affiliates gain such access and (ii) prevent unauthorized access, use,
destruction, alteration or loss of information contained therein, including by notifying its Personnel regarding the restrictions set forth in this Agreement and establishing appropriate policies designed to effectively enforce such restrictions.

 (c) Each Party shall, and shall cause its respective Affiliates to, access and use only those Systems of the other Party
and its Affiliates, and only such data and information within such Systems, to which they have been granted the right to access and use. Any Party and its Affiliates shall have the right to deny the Personnel of the other Party or its Affiliates
access to such first Party’s or its Affiliates’ Systems, after prior written notice and consultation with the other Party, in the event the Party reasonably believes that such Personnel pose a security concern. 

Section 4.3 Viruses. The Provider and the Recipient shall each use its commercially reasonable efforts consistent with its past
practices to prevent the introduction or coding of viruses or similar items into the Systems of the other Party. Without limiting the rights and remedies of any Party hereunder, in the event a virus or similar item is introduced into the Systems of
a Party, whether or not such introduction is attributable to the other Party (including such other Party’s failure to perform its obligations under this Agreement), the other Party shall, as soon as practicable, use its commercially reasonable
efforts to assist such Party in reducing the effects of the virus or similar item, and if the virus or similar item causes a loss of operational efficiency or loss of data, upon such Party’s request, work as soon as practicable to contain and
remedy the problem and to restore lost data resulting from the introduction of such virus or similar item. 

 Section 4.4 Provider’s Software. Except as authorized by this Agreement or
by the Provider’s express written consent, the Recipient shall not, and shall cause its Affiliates not to, copy, modify, reverse engineer, decompile or in any way alter any software of the Provider or any of its Affiliates. 

Section 4.5 System Upgrades. No Provider shall be required to purchase, upgrade, enhance or otherwise modify any Systems used by
any Recipient as of the date hereof in connection with the business of any Party, or to provide any support or maintenance services for any Systems that have been upgraded, enhanced or otherwise modified from the Systems that are used in connection
with the business of any Party as of the date hereof. 
 ARTICLE V 

FEES 
 Section 5.1
Fees. The Recipient shall pay the Provider (i) the fee for each Service set forth on Exhibit A or Exhibit B, (ii) the Provider’s and its Affiliates’ reasonable and documented out-of-pocket expenses incurred in providing the Services, including the third-party fees and expenses that are charged to the Provider or its Affiliates in connection with
provision of the Services (including any fees and expenses charged by subcontractors permitted to provide the Services under Section 2.2) but excluding payments made to employees of the Provider or any of its Affiliates
pursuant to Section 5.2, and (iii) any other fees as agreed to by the Parties in writing (collectively, the “Fees”). 

Section 5.2 Responsibility for Wages and Fees. Any employees of the Provider or any of its Affiliates providing Services to the
Recipient or its Affiliates under this Agreement will remain employees of the Provider or such Affiliate and shall not be deemed to be employees of the Recipient for any purpose. The Provider or such Affiliate shall be solely responsible for the
payment and provision of all wages, bonuses and commissions, employee benefits, including severance and worker’s compensation, and the withholding and payment of applicable Taxes relating to such employment. 

Section 5.3 Invoices. The Provider shall submit or cause to be submitted to the Recipient in writing, within 15 days after the end
of each month, an invoice setting forth the Fees for the Services provided to the Recipient or its Affiliates during such month in reasonable detail, as applicable, due under such invoice. 

Section 5.4 Payment. The Recipient shall pay, or cause to be paid, the Fees shown on an invoice no later than the last business
day of the month the Recipient received such invoice unless disputed in accordance with Section 5.7. Any amount not received from the invoiced Party within such period shall bear interest at the Applicable Rate, from and
including the last date of such period to, but excluding, the date of payment. 
 Section 5.5 Sales Tax, Etc. The Provider shall
be entitled to invoice and collect from the Recipient any additional amounts required for state, local and foreign sales Tax, value added Tax, goods and services Tax or similar Tax with respect to the provision of the Services hereunder, as
applicable (“Sale and Services Taxes”). Notwithstanding the previous sentence, if the Recipient is exempt from liability for such Sale and Services Taxes, it shall provide the Provider with a certificate (or other proof) evidencing
an exemption from liability for such Sale 

 
and Services Taxes. The Provider shall be responsible for any losses (including any deficiency, interest and penalties) imposed as a result of a failure to timely remit such Sale and Services
Taxes to the applicable tax authority to the extent the Recipient timely remits such Sale and Services Taxes to the Provider, or the Provider’s failure to do so results from the Provider’s failure to timely charge or invoice such Sale and
Services Taxes. The Recipient shall be entitled to any refund of any such Sale and Services Taxes paid in excess of liability as determined at a later date. The Provider shall promptly notify the Recipient of any deficiency claim or similar notice
by a tax authority with respect to Sale and Services Taxes payable hereunder, and of any pending audit or other proceeding that could lead to the imposition of Sales and Services Taxes payable hereunder. 

Section 5.6 No Offset. The Recipient shall not withhold any payments due under this Agreement in order to offset payments due (or
to become due) to the Recipient pursuant to this Agreement unless such withholding is mutually agreed to by the Parties in writing or is provided for in the final ruling of a court. Any required adjustment to payments due hereunder will be made as a
subsequent invoice. 
 Section 5.7 Invoice Disputes. In the event of an invoice dispute, the disputing Party shall deliver a
written statement to the other Party no later than the date payment is due on the disputed invoice listing all disputed items and providing a reasonably detailed description of each disputed item. Amounts not so disputed shall be deemed accepted and
shall be paid, notwithstanding disputes on other items, within the period set forth in Section 5.4. The Parties shall seek to resolve all such disputes expeditiously and in good faith. The Provider shall continue performing
the Services in accordance with this Agreement pending resolution of any dispute. 
 Section 5.8 Audit. At the request of the
Recipient, the Provider shall provide to the Recipient and its Affiliates reasonable access to the Provider’s applicable Personnel and records with respect to the amount charged in connection with any Service so that the Recipient may confirm
that the pass-through costs incurred by the Provider or, to the extent such Service is provided on an hourly basis, information related to hours worked in connection with such Service are commensurate with the amount charged to the Recipient for
such Service. In the event the Recipient believes that the amount charged to the Recipient materially exceeds the pass-through costs actually incurred by the Provider or hours charged in connection with such Service, the Parties shall review such
matter in good faith. 
 ARTICLE VI 

TERM AND TERMINATION 

Section 6.1 Term of Services. With respect to each of the Services, the term thereof will be for a period commencing as of the
date hereof, unless a different date is specified as the commencement date for any applicable Service on Exhibit A or Exhibit B (either, a “Commencement Date”), and shall continue until 24 months following the
Commencement Date unless (i) such other date as is specified as the termination date for any applicable Service in this Agreement or on Exhibit A or Exhibit B, as applicable (the “Term”) or (ii) earlier
terminated pursuant to this Agreement (a “Termination Date”). 

 Section 6.2 Termination of Services. Except as agreed by the Parties in writing
or as otherwise stated in the Exhibits, the Company may terminate for convenience any Transition Service, and Rank may terminate for convenience any Reverse Transition Service, upon 30 days’ prior written notice of such termination. Upon
termination of any Service pursuant to this Section 6.2, the Terminating Party’s obligation to pay for such Service will cease except any sums accrued or due as of the date of such early termination for Services
rendered (which shall include a pro rata portion of any fees applicable to the current period in which such Services are being performed if the applicable fee is determined on a period by period basis as set forth on Exhibit A or Exhibit
B, as applicable). The provisions of this Section 6.2 shall apply mutatis mutandis with respect to any assignment of this Agreement subject to Section 10.10(b) and the Parties will
negotiate in good faith regarding fee allocations and, if necessary, early termination or partial termination of any Services. 

Section 6.3 Termination of Agreement. This Agreement shall terminate the earlier of (i) the date when the Termination Date
has occurred for all Services, and (ii) on the date on which the Parties cease to be under common Control. In addition, this Agreement may be terminated by either Party (the “Terminating Party”) upon written notice to the other
Party (which notice, in case of material breach, shall specify the basis for such claim for breach), if: 
 (a) the other
Party or its Affiliates materially breaches this Agreement and such breach is not cured, to the reasonable satisfaction of the Terminating Party, within thirty (30) days of written notice thereof, it being understood that a good-faith dispute
over an invoice or Service shall not constitute a material breach of this Agreement; or 
 (b) the other Party files for
bankruptcy or similar proceeding, is the subject of an involuntary filing for bankruptcy or similar proceeding (not dismissed within sixty (60) days), makes a general assignment of all or substantially all of its assets for the benefit of creditors,
becomes or is declared insolvent, becomes the subject of any proceedings (not dismissed within sixty (60) days) related to its liquidation, insolvency, bankruptcy or the appointment of a trustee or a receiver, takes any corporate action for its
winding up or dissolution, or a court approves reorganization proceedings on such Party. 
 Section 6.4 Effect of Termination.
Upon any termination or expiration of this Agreement or any Service provided hereunder, each Party shall, and shall cause its applicable Affiliates to, as soon as practicable, return to the other Party any equipment, books, records, files and other
property, not including current or archived copies of computer files, of the other Party, its applicable Affiliates and their respective third-party service providers that is in the Party’s or its Affiliates’ possession or control (and, in
case of termination of one or more specific Services, only the equipment, books, records, files and other property, not including current or archived copies of computer files, that are used in connection with the provision or receipt solely of such
Services and of no other Services). 
 Section 6.5 Survival. The following Articles and Sections shall survive the termination
or expiration of this Agreement, including the rights and obligations of each Party thereunder: Article I; Article V; this Article VI; Article VII; Article VIII; Article IX; and Article X. 

 ARTICLE VII 

BOOKS AND RECORDS 

Section 7.1 TSA Books and Records. 

(a) The Parties shall, and shall cause each of their respective Affiliates to, take reasonable steps to maintain books and
records of all material transactions pertaining to, and all data used by it, in the performance of the Services (the “TSA Records”). The TSA Records shall be maintained (a) in a format substantially similar to the format such
books and records are maintained as of the date hereof, (b) in accordance with any and all applicable Laws, and (c) in accordance with the maintaining Party’s business record retention policies. 

(b) Each Party shall make the TSA Records it maintains available to the other Party and its Affiliates and their respective
auditors or other representatives, and in any event to any Governmental Authority, during normal business hours on reasonable prior notice (it being understood that TSA Records that are not stored on a Party’s regular business premises will
require additional time to retrieve), for review, inspection, examination and, at the reviewing Party’s reasonable expense, reproduction. Access to such TSA Records shall be exercised by a Party, its Affiliates and their authorized
representatives in a manner that shall not interfere unreasonably with the normal operations of the Party and any of its Affiliates maintaining the TSA Records. In connection with such review of TSA Records, and upon reasonable prior notice, the
reviewing Party shall have the right to discuss matters relating to the TSA Records with the employees of the Party or its Affiliates who are maintaining the relevant TSA Records and providing the Services, as applicable, during regular business
hours and without undue disruption of the normal operations of such maintaining and providing Party or its Affiliates. Neither Party shall have access to any TSA Records, and neither Party shall be required to provide access or disclose information,
when such access or disclosure would jeopardize any attorney-client privilege or violate any applicable Law (provided that such Party shall use commercially reasonable efforts to provide such access or share such information in a manner that would
not jeopardize any such privilege or violate any such Law). Each Party’s rights under this Section 7.1(b) shall continue for so long as TSA Records are required to be maintained by the other Party under
Section 7.1(a). 
 Section 7.2 Access to Information; Books and Records. 

(a) On and after the Commencement Date, Rank shall, and shall cause its Affiliates to, until the 7th anniversary of the
Commencement Date, afford to the Company and its employees and authorized representatives during normal business hours reasonable access to their books of account, financial and other records (including accountant’s work papers), information,
employees and auditors at the Company’s expense to the extent necessary or useful for the Company in connection with any audit, investigation, or dispute or Litigation (other than any Litigation involving a dispute between the Parties) or any
other reasonable business purpose relating to the Business; provided that any such access by the Company shall not unreasonably interfere with the conduct of the business of Rank and its Affiliates. 

(b) After the Commencement Date, the Company shall, and shall cause its Affiliates to, until the 7th anniversary of the date on
which Rank and its Affiliates own less than 10% of the capital stock in the Company (i) afford to Rank and its Affiliates and their respective employees and authorized representatives reasonable access to the Company’s employees and
auditors, (ii) retain all books, records (including accountant’s work papers), and other information and documents pertaining to the Business, and (iii) afford access to and make available for inspection and copying by Rank (at
Rank’s expense) during normal business hours, in each case so as not to unreasonably interfere with the conduct of the Business by the PEI Group, 

 
their books of account, financial and other records (including accountant’s work papers), and such other information (A) as may be required by any Governmental Authority, including
pursuant to any applicable Law or regulatory request or prepare to file any Tax related documentation, (B) as may be necessary for Rank or its Affiliates in connection with their ongoing financial reporting, accounting or other purpose related
to Rank and its Affiliates’ affiliation with the Company, or (C) as may be necessary for Rank or its Affiliates to perform their respective obligations pursuant to this Agreement or in connection with any Litigation (other than any
Litigation involving a dispute between the Parties), in each case subject to compliance with all applicable privacy Laws. 

(c) Notwithstanding anything to the contrary in this Section 7.2, the Party granting access under
Section 7.2(a) or Section 7.2(b) may withhold any document (or portions thereof) or information (i) that is subject to the terms of a non-disclosure
agreement with a third party (provided that such party shall use commercially reasonable efforts to share such information in a manner that would not violate any such obligation), (ii) that may constitute privileged attorney-client
communications or attorney work product and the transfer of which, or the provision of access to which, as reasonably determined by such Party’s counsel, constitutes a waiver of any such privilege (provided that such party shall use
commercially reasonable efforts to share such information in a manner that would not jeopardize any such privilege), or (iii) if the provision of access to such document (or portion thereof) or information, as determined by such Party’s
counsel, would reasonably be expected to conflict with applicable Laws. 
 Section 7.3
Non-Disclosure Agreements. To the extent that any third-party proprietor of information or software to be disclosed or made available to a Recipient in connection with performance of the Services
requires a specific form of non-disclosure agreement as a condition of such third party’s consent to use the same for the benefit of the Recipient or to permit the Recipient access to such information or
software, each Party shall, or shall cause its relevant Affiliate to, as a condition to the receipt of such portion of the Services, execute (and shall cause its Personnel to execute, if reasonably required) any such form. 

Section 7.4 Confidential Information. 

(a) Each Party agrees to take the necessary steps to protect any Confidential Information of the other Party with at least the
same degree of care that the receiving Party uses to protect its own confidential or proprietary information of like kind, but not less than reasonable care. Neither Party shall use the other Party’s Confidential Information other than to
perform Services pursuant to this Agreement or pursuant to Section 7.2 herein. The obligation of confidentiality hereunder shall not apply to information that (i) was already in the possession of the receiving Party
without restriction on its use or disclosure prior to the receipt of the information from the disclosing Party, (ii) is or becomes available to the general public through no act or fault of the receiving Party, (iii) is rightfully
disclosed to the receiving Party by a third party without restriction on its use or disclosure, (iv) is independently developed by employees and/or consultants of the receiving Party who have not had access to the disclosing Party’s
Confidential Information, (v) is disclosed to the receiving Party after the receiving Party properly gave notice to the disclosing Party that the receiving Party no longer desired to receive any additional Confidential Information from the
disclosing Party, or (vi) is required to be disclosed pursuant to judicial or governmental decree or order, provided that the disclosing Party is, where permitted, given prompt written notice of and the opportunity to defend against disclosure
pursuant to such decree or order. 

 (b) Upon any termination or expiration of this Agreement, at the written
request of the other Party, each Party shall, and shall cause any of its Affiliates or third-party vendors used in connection with the provision or receipt of the Services to, deliver to the other Party (i) all records and data (including
backup tapes, records and related information) received, computed, developed, processed and stored by it hereunder in a readable format reasonably acceptable to the other Party, and (ii) all other Confidential Information of such other Party,
but excluding, in each case, (1) any information stored electronically in a back-up file pursuant to the receiving Party’s customary electronic back-up
practices which may be retained by such Party solely for archival purposes and subject to the continuing confidentiality obligations set forth herein, and (2) any information obtained pursuant to Section 7.2 herein;
provided that, in lieu of delivering all of the foregoing to the other Party, the relevant delivering Party may confirm in writing that it has destroyed, or has caused Rank or the Company, as the case may be, to destroy, all of the foregoing.

 ARTICLE VIII 
 INTELLECTUAL
PROPERTY 
 Section 8.1 Ownership of Intellectual Property. Any intellectual property owned by a Party, its Affiliates or
third-party vendors and used in connection with the provision or receipt of the Services, as applicable, shall remain the property of such Party, its Affiliates, or third-party vendors. 

ARTICLE IX 
 REMEDIES 

Section 9.1 Indemnification. Subject to the limitations set forth in this Article IX, each Party (the “Indemnifying
Party”) agrees to indemnify, defend and hold harmless the other Party and its Affiliates and its and their respective directors, officers, employees, agents, representatives, successors and permitted assigns (collectively, the
“Indemnified Parties”) from and against all Losses imposed upon or incurred by an Indemnified Party to the extent arising out of or resulting from the Indemnifying Party’s or its Affiliates’ material breach of this
Agreement, except to the extent that such Losses are primarily caused by the Indemnified Party. 
 Section 9.2 Exclusive Remedy.
The indemnities provided for in Section 9.1 shall be the sole and exclusive monetary remedy of the Parties hereto and their Affiliates and their respective officers, directors, employees, agents, representatives, successors
and permitted assigns for any breach of or inaccuracy in any representation or warranty, or any breach, nonfulfillment or default in the performance of any of the covenants or agreements contained in this Agreement, and the Parties shall not be
entitled to a rescission of this Agreement or to any further indemnification rights or claims of any nature whatsoever in respect thereof (including any common law rights of contribution), all of which the Parties hereto hereby waive. 

 Section 9.3 Disclaimer. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT,
(A) NO PARTY MAKES ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO THE MATERIALS AND SERVICES, AS APPLICABLE, PROVIDED HEREUNDER, AND ALL SUCH MATERIALS AND SERVICES, AS APPLICABLE, ARE PROVIDED ON AN “AS
IS” BASIS AND (B) EACH PARTY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT OR FITNESS FOR A PARTICULAR PURPOSE. 

Section 9.4 Limitations. 

(a) IN NO EVENT SHALL ANY PARTY BE LIABLE TO THE OTHER PARTY FOR ANY INDIRECT, SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL
DAMAGES, OR LOST PROFITS OR LOST REVENUES THAT THE OTHER PARTY MAY INCUR BY REASON OF ITS HAVING ENTERED INTO OR RELIED UPON THIS AGREEMENT, OR IN CONNECTION WITH ANY OF THE SERVICES PROVIDED HEREUNDER OR THE FAILURE THEREOF, REGARDLESS OF THE FORM
OF ACTION IN WHICH SUCH DAMAGES ARE ASSERTED, WHETHER IN CONTRACT OR TORT (INCLUDING NEGLIGENCE) OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF THE SAME OTHER THAN TO THE EXTENT AWARDED IN A THIRD PARTY CLAIM. 

(b) EXCEPT WITH RESPECT TO A MATERIAL BREACH CONSTITUTING WILLFUL MISCONDUCT BY A PROVIDER, REPEAT PERFORMANCE OF A SERVICE BY
THE PROVIDER OR REFUND OF THE FEES PAID FOR A SERVICE SHALL BE THE SOLE AND EXCLUSIVE REMEDY FOR BREACH OF THE SERVICES STANDARD FOR SUCH SERVICE. 

(c) IN NO EVENT SHALL A PARTY’S LIABILITY IN RELATION TO SERVICES PROVIDED UNDER THIS AGREEMENT EXCEED THE FEES PAID TO IT
UNDER THIS AGREEMENT FOR THE SPECIFIC SERVICE THAT RESULTED IN THE LOSS. 
 Section 9.5 Insurance. Each Party shall obtain and
maintain, for the Term (i) commercial general liability insurance with a single combined liability limit of at least $5,000,000 per occurrence, (ii) workers compensation/employer’s liability insurance with a liability limit of at
least $1,000,000 per occurrence or, if greater, the statutory minimum, and (iii) “all risk” property insurance on a replacement cost basis adequate to cover all assets and business interruption Losses that a Party may suffer in connection
with or arising out of this Agreement, subject to policy limits and, in the case of the policies described in clause (i) above, naming the other Party as an additional insured thereunder. Upon request, each Party shall provide the other Party a
certificate of insurance as proof of insurance coverage. 
 ARTICLE X 

MISCELLANEOUS 
 Section 10.1
Force Majeure. In the event that a Party is wholly or partially prevented from, or delayed in, providing one or more Services, or one or more Services are interrupted or suspended, by reason of events beyond its reasonable control, which by
their nature were not foreseen, or, if it was foreseen, was not reasonably avoidable, including acts of God, act of Governmental Authority, act of the public enemy or due to fire, explosion, accident, floods, embargoes, epidemics, pandemics, war,
acts of terrorism, nuclear disaster, civil unrest or riots, civil commotion, insurrection, severe or adverse weather conditions, lack of or shortage of 

 
adequate electrical power, malfunctions of equipment or software (each, a “Force Majeure Event”), such Party shall promptly give notice of any such Force Majeure Event to the
other Party and shall indicate in such notice the effect of such event on its ability to perform hereunder and the anticipated duration of such event. The Party whose performance is affected by the Force Majeure Event shall not be obligated to
deliver or cause to be delivered the affected Services during such period, and the applicable Party shall not be obligated to pay during such period for any affected Services not delivered. For the duration of a Force Majeure Event, the Party whose
performance is affected by the Force Majeure Event shall, and shall cause its relevant Affiliates to, minimize to the extent practicable the effect of the Force Majeure Event on its obligations hereunder and use commercially reasonable efforts to
avoid or remove such Force Majeure Event and to resume delivery of the affected Services with the least delay practicable. 

Section 10.2 Authority. A Provider shall not be permitted to bind a Recipient or any of its Affiliates or enter into any
agreements (oral or written), contracts, leases, licenses or other documents (including the signing of checks, notes, bills of exchange or any other document, or accessing any funds from any bank accounts of a Recipient or any of its Affiliates) on
behalf of a Recipient or any of its Affiliates except with the express prior written consent of the Recipient, which consent may be given from time to time as the need arises and for such limited purposes as expressed therein. 

Section 10.3 Specific Performance. The Parties shall be entitled to seek an injunction to prevent actual or threatened breaches of
this Agreement and to enforce specifically the terms and provisions of this Agreement, this being in addition to any other remedy to which they are entitled at law or in equity. For the avoidance of doubt, nothing contained herein shall prevent a
Party from seeking damages (to the extent permitted herein) in the event that specific performance is not available. 
 Section 10.4
Status of Parties. This Agreement is not intended to create, nor will it be deemed or construed to create, any relationship between the Rank Group, on the one hand, and the PEI Group, on the other hand, other than that of independent entities
contracting with each other solely for the purpose of effecting the provisions of this Agreement. Neither the Rank Group, on the one hand, nor the PEI Group, on the other hand, shall be construed to be the agent of the other. 

Section 10.5 Notices. All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be
given by delivery in person, via email (followed by overnight courier), or by registered or certified mail (postage prepaid, return receipt requested) to the other Party hereto as follows: 

if to the Company, 
 Pactiv
Evergreen Inc. 
 1900 W. Field Court 

Lake Forest, IL 60045 
 Attention:
        Steven Karl, General Counsel 
 Email:
              Skarl@pactiv.com 
 if to Rank, 

 
Rank Group Limited 
 Level Nine 

148 Quay Street 
 P.O. Box 3515

 Auckland, New Zealand 

Attention:       Helen Golding 

Email:             Helen.Golding@rankgroup.co.nz 

or such other address or email as such Party may hereafter specify for the purpose by notice to the other Party hereto. All such notices, requests and other
communications shall be deemed received on the date of receipt by the recipient thereof if received prior to 5:00 p.m. on a Business Day in the place of receipt. Otherwise, any such notice, request or communication shall be deemed to have been
received on the next succeeding Business Day in the place of receipt. Notwithstanding the foregoing, normal business communications with respect to the Services may be given by the Parties by whatever means are usual and appropriate for such types
of communications. 
 Section 10.6 Entire Agreement. This Agreement, including all Exhibits, constitute the sole and entire
agreement and supersede all prior agreements, understandings and representations, both written and oral, between the Parties with respect to the subject matter hereof. 

Section 10.7 Waivers and Amendments; Non-Contractual Remedies; Preservation of Remedies.
No amendment, modification or discharge of this Agreement, and no waiver hereunder, shall be valid or binding unless set forth in writing and duly executed by the Party against whom enforcement of the amendment, modification, discharge or waiver is
sought. Any such waiver shall constitute a waiver only with respect to the specific matter described in such writing and shall in no way impair the rights of the Party granting such waiver in any other respect or at any other time. Neither the
waiver by any of the Parties hereto of a breach of or a default under any of the provisions of this Agreement, nor the failure by any of the Parties, on one or more occasions, to enforce any of the provisions of this Agreement or to exercise any
right or privilege hereunder, shall be construed as a waiver of any other breach or default of a similar nature, or as a waiver of any of such provisions, rights or privileges hereunder. The rights and remedies herein provided are cumulative and
none is exclusive of any other, or of any rights or remedies that any Party may otherwise have at law or in equity. 
 Section 10.8
Governing Law, etc. 
 (a) This Agreement shall be governed in all respects, including as to validity, interpretation
and effect, by the Laws of the State of Illinois, without giving effect to its principles or rules of conflict of laws, to the extent such principles or rules are not mandatorily applicable by statute and would permit or require the application of
the Laws of another jurisdiction. Each of the Parties hereto submits to the jurisdiction of any state or federal court sitting in Lake County, Illinois, in any action or proceeding arising out of or relating to this Agreement, agrees to bring all
claims under any theory of liability in respect of such action or proceeding exclusively in any such court and agrees not to bring any action or proceeding arising out of or relating to this Agreement in any other court. Each of the Parties hereto
waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought and waives any bond, surety or other security that might be required of any other party with respect thereto. Each Party hereto agrees that service of
summons and complaint 

 
or any other process that might be served in any action or proceeding may be made on such Party by sending or delivering a copy of the process to the Party to be served at the address of the
Party and in the manner provided for the giving of notices in Section 10.5. Nothing in this Section 10.8, however, shall affect the right of any Party to serve legal process in any other manner
permitted by Law. Each Party hereto agrees that a final, non-appealable judgment in any action or proceeding so brought shall be conclusive and may be enforced by suit on the judgment or in any other manner
provided by Law. 
 (b) The Parties each hereby waive, to the fullest extent permitted by Law, any right to trial by jury of
any claim, demand, action, or cause of action (i) arising under this Agreement or (ii) in any way connected with or related or incidental to the dealings of the Parties hereto in respect of this Agreement or any of the transactions related
hereto, in each case whether now existing or hereafter arising, and whether in contract, tort, equity, or otherwise. The Parties to this Agreement each hereby agree and consent that any such claim, demand, action, or cause of action shall be decided
by court trial without a jury and that the parties to this Agreement may file an original counterpart of a copy of this Agreement with any court as written evidence of the consent of the Parties hereto to the waiver of their right to trial by jury.

 Section 10.9 Further Assurances. Each Party covenants and agrees that, without any additional consideration, it shall execute
and deliver, or shall cause its Affiliates to execute and deliver, such documents and other papers and shall take, or shall cause its Affiliates to take, such further actions as may be reasonably required to carry out the provisions of this
Agreement and give effect to the transactions contemplated by this Agreement. 
 Section 10.10 Assignment. No Party may assign
this Agreement, or any of its rights or obligations under this Agreement (whether by operation of Law or otherwise), without the prior written consent of the other Party (not to be unreasonably withheld or delayed); provided, that
notwithstanding the foregoing, any Party may assign any or all of its rights or obligations under this Agreement without requiring the consent of the other Party if the Agreement is assigned to: (a) its Affiliates, (b) a purchaser of:
(i) one or more of its Affiliates that is a Provider or Recipient under this Agreement; (ii) all or substantially all of the business or assets of one or more of its Affiliates that is a Provider or Recipient under this Agreement; or
(iii) all or substantially all of such Party’s business or assets, or (c) its financing sources solely for collateral purposes, in each case so long as the assignee agrees to be bound by the terms of this Agreement. Any permitted
assignment shall be binding upon and inure to the benefit of the Parties and their respective heirs, successors and permitted assigns. Any attempted assignment of this Agreement, or the rights or obligations herein, not in accordance with the terms
of this Section 10.10 shall be void. 
 Section 10.11 Severability. If any term or other provision of
this Agreement is determined by a court of competent jurisdiction to be invalid, illegal or unenforceable, all other provisions of this Agreement shall remain in full force and effect so long as the economic or legal substance of the transactions
contemplated hereby is not affected in any manner materially adverse to any Party. Upon any such determination, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as
possible in an acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the fullest extent possible. 

 Section 10.12 Interpretation. 

(a) The Parties acknowledge and agree that, except as specifically provided herein, they may pursue judicial remedies at law or
equity in the event of a dispute with respect to the interpretation or construction of this Agreement. 
 (b) This Agreement
shall be interpreted and enforced in accordance with the provisions hereof without the aid of any canon, custom or rule of law requiring or suggesting constitution against the Party causing the drafting of the provision in question. 

Section 10.13 No Third-Party Beneficiaries. Other than the rights granted to the Indemnified Parties under
Section 9.1, nothing in this Agreement is intended or shall be construed to give any person, other than the Parties hereto, their successors and permitted novates, transferees and assigns, any legal or equitable right,
remedy or claim under or in respect of this Agreement or any provision contained herein. 
 Section 10.14 Counterparts. This
Agreement may be executed in several counterparts, each of which shall be deemed an original and all of which shall together constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Agreement via email
shall be effective as delivery of a manually executed counterpart to this Agreement. 
 Section 10.15 Headings. The headings in
this Agreement are for reference only and shall not affect the interpretation of this Agreement. 
 Section 10.16 Order of
Precedence. In the event of any conflict between the provisions of any Exhibit and the other provisions of this Agreement, the other provisions of this Agreement shall govern, except to the extent that the relevant provision of the Exhibit
expressly identifies the provision of this Agreement it supersedes and expressly indicates that such provision is being superseded or this Agreement expressly indicates that the Exhibit governs. 

[Signature page follows] 

 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written
above. 
  

	
	Rank Group Limited
	
	By:_________________________________
	Name:
	Title:
	
	Pactiv Evergreen Inc.
	
	By:_________________________________
	Name:
	Title:

 EXHIBIT A 

Transition Services 
 Section
A: Financial, Tax and IT Services 
  

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	A.1	  	Financial Services – Reporting and Consultancy Services	  	 Provision of assistance to prepare and review interim and/or annual PEI filings associated with financial reporting obligations, including
but not limited to:
  

•  consultation / evaluation / documentation of specific accounting matters;

 
 •  consultation / evaluation /
assistance in the preparation of any component of the interim or annual filing;
  

•  consultation / preparation / review of documentation accompanying interim or annual financial
statements, including but not limited to management discussion and analysis, covenant computations, CFO accounting paper, earnings call slides;
  

•  consultation / assistance in relation to documentation or testing of internal controls over
financial reporting, including the overall project to ensure that PEI is SOX 404 ready; and
  

•  consultation / assistance to respond to matters raised by external auditors.
	  	12 months from the Commencement Date	  	 Direct reports to Rank’s CFO:
 $400
per person / per hour
 Indirect reports to Rank’s CFO:

$200 per person / per hour
 Plus pass-through of actual
third-party costs incurred in providing the service

					
	A.2	  	Financial Services – Insurance Administration Handover Services	  	 Reasonable provision of insurance administration handover services, including:

 
 •  assistance with the
completion of policy applications and the gathering of underwriting data for policy renewals in the years 2021 and 2022;
  

•  assistance with policy placement for the 2021 and 2022 policy years as part of the Rank global
program;
  
 •  assistance with
the appointment of brokerage services;
  

•  assistance with transitioning the management of third party risk consulting vendors;

 
 •  assistance with transitioning
insurance management and placements; and
  

•  assistance with claims management, if required.

 
	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

		  		  	Any costs for engaging external resources, including Aon services (which are separately charged in their annual fee), will be passed through to PEI.	  		  	
					
	A.3	  	Financial Services – SOX Compliance	  	In connection with PEI’s obligation to comply with the Sarbanes-Oxley Act of 2002, provision of reasonable support and performance of key controls related to financial reporting as agreed between the Parties.	  	12 months from the Commencement Date	  	 $200 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

					
	A.4	  	Banking and Financing related Services	  	Provision of advice in connection with financing transactions involving PEI or the PEI Group including strategic, legal, financial and other support services required to assist with the implementation of or compliance with any such
financing transaction.	  	12 months from the Commencement Date	  	 Direct reports to Rank’s CFO or Group Legal Counsel: $400 per person / per hour

Others: $200 per person / per hour
 Plus pass-through of
actual third-party costs

					
	A.5	  	Tax Services –Consulting Services	  	 Provision of:
  

•  tax handover services, including information relating to PEI’s historical tax profile, ad-hoc planning and cash repatriation,
  

•  training of PEI staff,
  

•  documentation for all relevant processes, and

 
 •  general tax consulting
processes.
	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

					
	A.6	  	IT Handover Services	  	Provision of IT governance handover services	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

 Section B: HR Services 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	B.1	  	 General HR –
 Administrative
Services
	  	Provision of general administrative transition support to share information and answer questions regarding current practices.	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

					
	B.2	  	 General HR –
 Relationship Support
Services
	  	Provision of relationship support services to the PEI payroll and benefits personnel relating to PEI’s establishment of separate instances of ADP and Empyrean, and separation of key vendor relationships including ADP, Empyrean,
Lockton, and others as required.	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

					
	B.3	  	General HR – Compensation Management Support Services	  	 Provision of assistance:
  

•  to review salary ranges (U.S. and international) for standard Reynolds Group grades

 
 •  with merit review budget
planning
  
 •  in relation to
executive compensation matters, as required.
	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

 Section C: M&A Transaction, Executive and Legal Support Services 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	C.1	  	M&A Transaction Support Services	  	Provision of M&A transaction-related support services including by members of the Rank M&A and/or Legal teams, with respect to acquisitions by, and disposals of certain entities and/or businesses within, the PEI Group.	  	24 months from the Commencement Date	  	 Direct reports to Rank’s Head of M&A, CFO or Group Legal Counsel:

$400 per person / per hour
 All others: $200 per person /
per hour
 Plus pass-through of actual third-party costs incurred in providing the service

					
	C.2	  	Executive Services – CSI Business	  	Provision of executive services to the Closure Systems International business (“CSI Business”) by a member of Rank’s executive team with respect to the management supervision and handover of operations and
management of the CSI Business.	  	3 months from the Commencement Date	  	Nil
					
	C.3	  	Legal Support Services	  	Provision of legal and related support services with respect to (i) all legal matters (if any) being handled by Rank and its Affiliates prior to the Commencement Date, and (ii) ongoing advice and assistance to the General
Counsel in relation to the Company’s compliance obligations, including but not limited to corporate governance, SEC and applicable listing rule obligations and the Company’s financing arrangements.	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

 Section D: Corporate Secretarial Services 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	D.1	  	General Services – Corporate Secretarial	  	 Provision of corporate secretarial duties and government filing assistance.

Prior to the end of the Corporate Secretarial Service Term, PEI will have the option to acquire a separate version of Diligent Entities for the Company’s
entities at PEI’s cost.
 In the event PEI decides to acquire its own version of Diligent Entities, once the Company’s entity information has been
copied by Diligent Entities to a new separate PEI version of Diligent Entities, the relevant Company entity information contained in PEI’s new version of Diligent Entities must be reviewed and sanitized by the corporate secretarial team at
PEI’s cost.
	  	12 months from the Commencement Date	  	 $190 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	D.2	  	Corporate Secretarial Services – Entity Migrations	  	Provision of corporate secretarial services associated with the intended migration of certain New Zealand shareholder entities to Delaware, including the required filing and registration of migration-related documents, and the
updating of corporate records.	  	12 months from the Commencement Date	  	 $190 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

 Section E: Treasury Services 
  

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	E.1	  	General Services – Treasury	  	Provision of general treasury services and support.	  	12 months from the Commencement Date	  	 $400 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

 EXHIBIT B 

Reverse Transition Services 

Section R-A: Legal Support Services 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	R-A.1	  	Legal and Administrative Support Services	  	At the request of members of Rank’s executive team, provision of legal and administrative related support services by members of PEI’s legal and administrative team with respect to legal matters relating to Rank and its
affiliates from time to time.	  	12 months from the Commencement Date	  	 The Senior member of PEI’s corporate transition Legal Team

$800 per person/ per hour
 Other members of PEI’s
corporate transition Legal Team:$200 per person / per hour
 Administrative Support:

$50 per person/ per hour
 Plus pass-through of actual third-party
costs incurred in providing the service

 Section R-B: HR Services 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	R-B.1	  	Health and Welfare Benefits Services	  	 PEI to maintain or replicate, adopt, and become the plan sponsor for the same plans currently maintained for the benefit of Rank Group North
America Inc. employees, with current vendors. Examples may include some or all of the following, as applicable:
  

•  Pharmacy – Express Scripts

 
 •  EAP (US)—CompPsych

 
 •  H&W Administration –
Empyrean
  
 •  Lockton Benefits
Consulting
  
 •  Cigna

 
 •  BCBS IL

 
 •  IPhA

 
 •  Livongo

 
 •  MD Live

 
 •  Voya

 
 •  VSP

 
 •  Delta Dental

 
 PEI will support vendor changes by providing employee data as needed, attending
meetings, and transition vendor relationships to Rank’s benefit resources. Rank will be responsible for transition communication, transition projects and data feeds required in order to provide the health and welfare benefits services.
	  	Until 31 December, 2020	  	 $125 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

		  		  	  
 Transition: PEI will assist Rank by providing current plan and
election information for Rank’s negotiation and implementation of new contracts with benefits providers to enable Rank to create a benefits regime post termination of the current benefits arrangements. Rank will be responsible for
implementation of new processes at existing vendors and any new vendor relationships.
 Tax Filings:

 
 Health and Welfare: PEI (or its applicable vendor) will prepare and file government and
other tax filings associated with the health and welfare benefits beginning with plan year 2020; provided that the preparation of 2020 tax filings shall be at Rank’s expense.

 
 Carrier Remittance: PEI will facilitate transition of vendor invoices of claims,
administration fees and premiums for insured benefit coverages to Rank.
  
 General
Plan and Vendor Administration. PEI will continue to provide general plan and vendor administration services for the health and welfare benefits plans listed above and COBRA administration.

 
 Other plan year filings (1095 reporting,
P-CORI tax filings, etc): PEI will be responsible for filings beginning with the 2020 plan year. Rank will assist PEI in creating a calendar for such reports and in obtaining the appropriate forms.

 
 Rank shall be responsible for invoices, funding and any other financial transactions
with the vendors. PEI will provide training and support to the key stakeholders on how the processes are handled currently.
  
	  		  	
	R-B.2	  	Retirement Plan Services	  	 PEI will allow eligible Rank Group North America Inc. employees to participate in the Reynolds Services Inc.
Non-qualified Deferred Compensation Plan until such time as the extent of common shareholding of the two companies no longer permits this to occur, whereupon PEI will support vendor changes by providing
employee data as needed, attending meetings, and transition vendor relationships to any replacement plan. Rank will at that time be responsible for transition communication, transition projects and data feeds required in order to provide the
retirement plan services.
 PEI will provide administrative support as required to support Rank employee participation in the Reynolds Services Inc.
Nonqualified Deferred Compensation Plan during the applicable period.
	  	Until 31 December, 2021	  	 $125 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

					
	R-B.3	  	HR Subject Matter Experts	  	 Provision of HR Ancillary Services by RGHI Director (Benefits) or HR/Benefits Analyst which fall outside the scope of Health and Welfare
Benefits Services outlined above at R-B.1.
 PEI will assist with those transitions and agreement transitions and
provide support for meetings to share information and answer any questions with current or potential vendors regarding current processes. Transition of responsibility to Rank for each vendor.
	  	Until 31 December, 2020	  	 $125 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

					
	R-B.4	  	Ancillary HR Services	  	Provision of ADP application and administration support services.	  	Until December 31, 2020	  	 $100 per person / per hour
 Plus pass-through of
actual third-party costs incurred in providing the service

 Section R-C: IT Services 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	R-C.1	  	Email filtering	  	Scanning and filtering of emails via the Proof-Point process.	  	12 months from the Commencement Date	  	 $1000 per month
 Plus pass-through of actual
third-party costs incurred in providing the service

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	R-C.2	  	Desktop Image Management	  	Desktop SOE : development and maintenance services.	  	12 months from the Commencement Date	  	$150 per person / per hour
					
	R-C.3	  	Desktop Patching	  	Routine security patching of SOE/Desktop images.	  	12 months from the Commencement Date	  	$500 per month
					
	R-C.4	  	Phone Support	  	Provision of 2nd level support services for Cisco IP phone systems at the Rank offices in Auckland, New Zealand and Sydney, Australia.	  	12 months from the Commencement Date	  	$150 per person / per hour
					
	R-C.5	  	WAN administration	  	AT&T network circuit administration (circuits to A/NZ from LDC).	  	12 months from the Commencement Date	  	 $150 per person / per hour
 Plus pass through of
actual third party costs incurred in providing the service.

					
	R-C.6	  	MS Tenant administration	  	 Management of the Microsoft tenant in use by Rank (rankgroup.co.nz) and integration to the PEI tenant(s), including :

 
 •  Sharepoint Access

 
 •  Collaboration tools

 
 •  Identity &
Presence
  
 •  Hosting and
administration of the Rank Domain Controller (in Lincolnshire Data Centre
	  	12 months from the Commencement Date	  	$1000 per month

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	R-C.7	  	IT Migration Services	  	Project services to manage and execute the extraction of IT operations from the PEI managed environment(s) and enable Rank to terminate the IT related services in this Section R-C.	  	12 months from the Commencement Date	  	$150 per person / per hour
					
	R-C.8	  	IT Consulting Services	  	 Provision of advice, guidance and recommendations on new services or technical solutions related to applications and infrastructure, etc.

Provision of this Service is subject to availability of internal resource within PEI and agreement between the Parties.
	  	12 months from the Commencement Date	  	$200 per person / per hour

 Section R-D: Office Space 

 

									
	 	  	 Service Name
	  	 Description of Service
	  	 Term
	  	 Fee (USD)

	R-D.1	  	Lake Forest Office Space	  	 Provision of office space to all Rank Group North America employees at 1900 W. Field Court, Lake Forest IL 60045, United States (the
“Lake Forest Office”).
 For the avoidance of doubt each Rank Group North America employee will be entitled to continue to occupy
their respective existing personal offices at the Lake Forest Office as at the Commencement Date for the duration of the Term.
	  	24 months from the Commencement Date	  	Nil

 EXHIBIT C 

Service Coordinators 
 To be
designated in writing from time to time by each Party.EX-10.7

 Exhibit 10.7 

AMENDED AND RESTATED LEASE AGREEMENT 

Amended and Restated Lease Agreement (this “Lease”) dated as of January 1, 2020, between PACTIV LLC, a
Delaware limited liability company (“Landlord”), and REYNOLDS CONSUMER PRODUCTS LLC, a Delaware limited liability company (“Tenant”). 

RECITALS 
 A. Landlord is
the owner of the building located in Conway Park at Lake Forest Office Park and commonly known as 1900 West Field Court, Lake Forest, Illinois (the “Building”) and the land on which the Building is located (the
“Land”) and all appurtenances belonging to or appertaining to the Land. The Building and the Land together are sometimes referred to herein collectively as the “Property.” 

B. Tenant has been leasing office space and purchasing other office-related services from Landlord pursuant to an Amended and Restated Facility
Use Agreement effective as of January 1, 2012 (the “Original Agreement”). 
 C. This Lease amends, restates,
supersedes and replaces the Original Agreement. 
 WITNESSETH 

NOW THEREFORE, Landlord and Tenant agree as follows: 

1. Recitals. The foregoing recitals are acknowledged to be accurate and are incorporated herein by reference. 

2. Premises Demised. 
 a.
Landlord does hereby rent and lease to Tenant and Tenant does hereby rent and lease from Landlord, for the Term (as hereinafter defined) and upon the terms and conditions set forth in this Lease, approximately 70,400 rentable square feet of space
located on the first, third and fourth floors of the Building (the “Premises”). The Premises are depicted on “Exhibit A” attached hereto and made a part hereof. 

b. Tenant shall have, as appurtenant to the Premises, the non-exclusive right, to use in common others
(i) the common roadways, sidewalks, Building entrances, lobbies, corridors, passenger elevators, and service elevators for purposes of access to the Building and the Premises from the public road now known as “Field Court”,
(ii) the parking facility adjacent to the Building for the purpose of parking of motor vehicles by Tenant and Tenant’s employees and invitees on a first-come, non-reserved basis (except as agreed by
Landlord and Tenant), (iii) the common area restrooms located on the lower level of the Building, and (iv) any other common area amenities designated from time to time by Landlord for the use and enjoyment of the tenants and other
occupants of the Building (e.g., cafeteria space (if any), patio dining area, exercise facilities, training rooms, benches, lawns and jogging paths, to the extent any of the foregoing are available and designated by Landlord as common areas); and no
other appurtenant rights or easements. Tenant’s rights hereunder shall be subject to Landlord’s Rules and Regulations governing the use of the Property from time to time made by Landlord, as the same may be changed from time to time in
accordance with the terms of Section 21 below. 

 c. Landlord reserves the right, from time to time: (i) to install, use, maintain,
repair, replace and relocate for service to the Premises and other parts of the Building or Property or either, pipes, ducts, conduits, wires and appurtenant fixtures, wherever located in the Premises or any other portion of the Property;
(ii) to make any repairs and replacements to the Premises which Landlord may deem necessary; (iii) in connection with any excavation made upon the Property or adjacent land owned by other parties, to enter, and to license others to enter,
upon the Premises to do such work as the person causing such excavation deems necessary to preserve the walls and other portions of the Building from injury or damage and to support the same; (iv) to change, increase, reduce, restrict, limit or
eliminate, from time to time: (A) the number, composition, dimensions or location of any parking areas (as long as same is in compliance with Legal Requirements), (B) the signs, service areas, cafeteria areas, patios, exercise facilities,
training rooms, walkways; roadways, or other common area, or (C) the services and programs offered, if any, in the wellness and fitness facility of the Building; (v) to change the Building name and/or the Building address (provided that
Landlord will provide Tenant at least 12 months prior notice before changing the Building address); or (vi) to make alterations or additions to the Building or any other portion of the Property, in its sole discretion, provided, however, that
Tenant’s access to and use and enjoyment of the Premises shall not be materially and adversely impacted by any of the foregoing and provided further that Landlord shall not materially change or limit Tenant’s access to the cafeteria,
wellness and fitness facility or training rooms on the lower level without Tenant’s consent, which consent shall not be unreasonably withheld, conditioned or delayed. Landlord shall have the right to impose reasonable restrictions on
Tenant’s access to certain common areas of the Building for health and safety reasons (such as delivery areas, kitchen, mechanical rooms, telephone rooms and electrical closets), and other portions of the Building used and occupied principally
by Landlord or other tenants. For the avoidance of doubt, Tenant shall not be permitted to have access to or the right to use any common areas, conference rooms, training rooms or video conference rooms on the second floor of the Building. Tenant
shall be permitted to use those conference rooms, training rooms or video conference rooms on the lower level and first and fourth floors of the Building to the extent that such areas are designated by Landlord as common area amenities, such areas
are available through the online Building reservation system, and Tenant reserves such spaces through such system. 
 d. Either party shall
have the right, exercisable from time to time during the Term, to remeasure the rentable area of the Premises and/or the Building. Any such measurement shall be calculated based upon the ANSI/BOMA Z65.1 – 1996 method of measurement for useable
space in office buildings (or, if such method is superseded or no longer generally used for the measurement of office space, the newer or most comparable measurement method shall be used). In the event such remeasurement results in a difference
between in the rentable area of the Premises and/or the Building as so remeasured and the rentable area of the Premises and/or the Building as set forth in this Lease, the party taking such measurements shall notify the other party and this Lease
shall be amended to reflect the actual rentable area as so remeasured, and all charges or rights under this Lease that are based upon square footage shall be adjusted accordingly, and the parties shall enter into an amendment memorializing any such
adjustment. In the event of a disagreement regarding the remeasurement, the matter shall be determined by a licensed architect mutually agreed by Landlord and Tenant. 

  
 2 

 3. Condition. 

a. AS-IS Condition. Tenant acknowledges that Landlord has not made any representations or
warranties with respect to the Property, the Building or the Premises or as to any of the Transferred FF&E (as defined below) except to the extent expressly set forth herein. Tenant accepts the Premises and any such Transferred FF&E in its
existing “AS IS”, “WHERE IS” condition and “WITH ALL FAULTS” as of the Commencement Date, subject to all applicable zoning, municipal, county and state laws, ordinances and regulations, and subject further to any
easements, covenants and/or restrictions of record and any Superior Interests (as defined below), and Tenant accepts this Lease subject thereto and to all matters disclosed thereby and by any exhibits attached hereto. Tenant further acknowledges
that neither Landlord nor Landlord’s agent or agents has made any representation or warranty as to present or future suitability of the Premises or any other portion of the Property for the conduct of Tenant’s business. 

b. Transferred FF&E. Subject to Section 31(b), Landlord and Tenant acknowledge and agree that, to the
extent Landlord holds any right, title or interest in and to any of the furniture, movable trade fixtures, and/or equipment which are located at or within the Premises as of the Commencement Date (the “Transferred FF&E”),
Landlord hereby transfers, conveys and releases to Tenant all such Existing FF&E, free and clear of all liens, charges, claims and encumbrances but otherwise without any express or implied warranties and specifically excluding any warranties of
fitness for a particular purpose. 
 4. Term. 

a. Initial Term. The initial term of this Lease (the “Initial Term”) shall commence on January 1, 2020 (the
“Commencement Date”) and shall end on December 31, 2029, unless sooner terminated as provided herein. 
 b.
Renewal Term. Provided that (i) Tenant is not in default (beyond applicable notice and cure periods) under this Lease at the time of the exercise of such option or as of the commencement of the applicable Renewal Term (as defined below),
(ii) Tenant occupies the entire Premises, and (iii) Tenant has not assigned or transferred this Lease (except as may be permitted pursuant to Section 12(b) of this Lease), Tenant shall have two options (each a
“Renewal Option”) to renew this Lease, each for one additional term of five years (each a “Renewal Term”). Each such Renewal Option shall be exercisable by Tenant’s delivery to Landlord of an
irrevocable written notice of intention to exercise the Renewal Option (“Renewal Exercise Notice”). A Renewal Exercise Notice shall be given not more than 15 months nor less than 12 months prior to the end of the Initial Term
or the first Renewal Term, as applicable. In the event this Lease is at any time (whether now or hereafter) subject to an over-lease or master lease (“Over-Lease”), Tenant’s right to exercise a Renewal Option shall be
contingent and conditioned upon (x) the existing term of the Over-Lease expiring on a date which is on or after the expiration of the applicable Renewal Term then being exercised pursuant to such Renewal Option, or (y) the availability to
Landlord of, and Landlord’s exercise of, a renewal or extension 

  
 3 

 
option under the Over-Lease that would extend the term of the Over-Lease to at least encompass the Renewal Term. Accordingly, within 90 days following the date on which Landlord receives a timely
Renewal Exercise Notice, Landlord shall notify Tenant in writing as to whether the term of the Over-Lease (as the same may have been extended) expires on or after the expiration of the applicable Renewal Term or, in the alternative, whether no
Over-Lease is then in effect. If Landlord’s notice confirms that the term of the Over-Lease (as the same may have been extended) expires on or after the expiration of the applicable Renewal Term or, in the alternative, that no Over-Lease is
then in effect, such notice shall be deemed a “Renewal Acceptance Notice”. If Landlord’s notice indicates that this Lease is subject to an Over-Lease and the term of such Over-Lease has not been extended and will expire
prior to the expiration of the applicable Renewal Term, such notice shall be deemed a “Renewal Rejection Notice”. If Landlord fails to deliver to Tenant either a timely Renewal Acceptance Notice or Renewal Rejection Notice within
said 90-day time period, Landlord shall, for purposes hereof, be deemed to have delivered to Tenant a timely Renewal Rejection Notice. In the event that Landlord delivers (or is deemed to have delivered) a
Renewal Rejection Notice hereunder, Tenant’s Renewal Option shall be null and void and of no force and effect. If Tenant fails to timely exercise its first Renewal Option or if such Renewal Option is deemed null and void as set forth above,
Tenant’s second Renewal Option shall likewise be null and void and of no further force and effect. Notwithstanding anything to the contrary, Tenant’s delivery of a timely Renewal Exercise Notice shall not obligate Landlord to extend the
term of any Over-Lease to encompass the applicable Renewal Term then being exercised by Tenant. 
 c. The Initial Term plus any Renewal Terms
shall be referred to as the “Term.” 
 5. Rent. 

a. Base Rent. Beginning on the Commencement Date and continuing throughout the balance of the Term, Tenant agrees to pay base rent (the
“Base Rent”) during the Term in accordance with the terms hereof. Base Rent shall be: 
 i. $11.00
per rentable square foot of the Premises per annum for the period beginning on the Commencement Date through December 31, 2020. 

ii. $12.00 per rentable square foot of the Premises per annum for the period January 1, 2021 through December 31,
2021. 
 iii. Commencing January 1, 2022, Base Rent shall be increased by 1.5% per annum on January 1 of each year,
which increase shall be on a compounding basis. 
 Base Rent shall be payable in equal monthly installments in advance on the first day of each calendar
month during the Term in lawful money of the United States of America. During the first and last months of the Term of this Lease, if the Term commences on a date other than the first day of the month or ends on a date other than the last day of a
month, the Rent (as defined below) shall be prorated based upon the actual number of days in such month. At the request of either party, the non-requesting party shall execute and deliver an amendment to this
Lease with a rent schedule outlining the amount of Base Rent payable during each year of the Term. 

  
 4 

 b. Additional Rent. In addition to Base Rent, (i) Tenant shall also pay and
discharge as and when due and payable all other amounts, liabilities, obligations and impositions which Tenant assumes and agrees to pay under this Lease, and (ii) in the event of any failure on the part of Tenant to pay any of those items
referred to in clause (i) above, Tenant will also promptly pay and discharge every fine, penalty, interest and cost which may be added for non-payment or late payment of such items (the payments required
by clauses (i) and (ii) of this Section are referred to collectively as the “Additional Rent”), and Landlord shall have all legal, equitable and contractual rights, powers and remedies provided either in this Lease or by
statute or otherwise in the case of non-payment of Additional Rent as in the case of non-payment of Base Rent. When used herein, the term “Rent”
shall refer to both Base Rent and Additional Rent. 
 c. Renewal Terms. 

i. If (A) Tenant shall exercise a Renewal Option and (B) Landlord shall deliver a Renewal Acceptance Notice, the Base Rent per
rentable square foot for the Premises for such Renewal Term shall be equal to the Prevailing Market (hereinafter defined) rate per rentable square foot for the Premises. Base Rent during such Renewal Term shall increase, if at all, in accordance
with the increases assumed in the determination of the Prevailing Market rate. Notwithstanding the foregoing or anything else to the contrary, the annual Base Rent due and payable at the commencement of each Renewal Term shall not be less than the
annual Base Rent in effect immediately prior to such Renewal Term. Base Rent during any Renewal Term shall continue to be payable in monthly installments in accordance with the terms and conditions of this Lease. Notwithstanding the foregoing
or anything else in this Lease to the contrary, in the event this Lease is subject to an Over-Lease, the Base Rent rate per leasable square foot of the Premises during each Renewal Term will under no circumstance be any less than the Base Rent rate
per leasable square foot payable by Landlord under the Over-Lease during the same period. 
 ii. Tenant shall pay Additional Rent
(including, without limitation, Tenant’s Share of Operating Expenses, as such terms are hereinafter defined) during the each applicable Renewal Term in accordance with this Lease. The manner and method in which Tenant pays Tenant’s Share
of Operating Expenses and all other expenses or charges to be paid to maintain, repair and insure the Premises shall be some of the factors considered in determining the Prevailing Market rate for the applicable Renewal Term. 

iii. For purposes hereof, “Prevailing Market” shall mean the arm’s length fair market annual rental rate per rentable
square foot under renewal leases and amendments entered into on or about the date on which the Prevailing Market is being determined hereunder for space comparable to the Premises in the Building and office buildings comparable to the Building in
the North Suburban Chicago office building submarket. The determination of Prevailing Market for the applicable Renewal Term shall take into account the creditworthiness of the tenant and any material economic differences between the terms of this
Lease and any comparison lease, such as rent abatements, free rent, tenant improvement 

  
 5 

 
allowances, construction costs, leasing commissions and other concessions for renewal leases, and the manner, if any, in which the tenant pays, or the landlord under any such lease is reimbursed,
for operating expenses and taxes. Notwithstanding the foregoing, space leased under any of the following circumstances shall not be considered to be comparable for purposes hereof: (i) the lease term is for less than 5 years or more than 7
years, (ii) the space is encumbered by the option rights of another tenant or (iii) the space has an awkward or unusual shape or configuration. The foregoing is not intended to be an exclusive list of space that will not be considered to
be comparable. 
 iv. Within 30 days after Landlord’s delivery of a Renewal Acceptance Notice, Landlord shall give Tenant notice of
Landlord’s determination of the Prevailing Market rate for the applicable Renewal Term (“Landlord’s Determination Notice”). If Tenant disagrees with Landlord’s determination of the proposed Prevailing Market
rate during the applicable Renewal Term, Tenant shall so notify Landlord within 10 Business Days after receipt of Landlord’s Determination Notice. If Tenant fails to timely respond to Landlord’s Determination Notice, Tenant shall be deemed
to have rejected Landlord’s determination of the Prevailing Market rate. If Tenant rejects or is deemed to have rejected Landlord’s determination of the Prevailing Market rate, Landlord and Tenant shall use good faith commercially
reasonable efforts to agree on the Prevailing Market rate for the applicable Renewal Term. If Landlord and Tenant do not so agree on the Prevailing Market rate within 30 days after the date of Landlord’s Determination Notice, Landlord and
Tenant shall submit the determination of the Prevailing Market rate for the applicable Renewal Term to binding arbitration. In such event, within a period of 10 Business Days following the expiration of the aforesaid 30 day period, Landlord and
Tenant shall each appoint a reputable commercial leasing broker as arbitrator, each of whom shall have at least 10 years’ active and current experience in the commercial real estate industry and the North Suburban Chicago office leasing market
with working knowledge of current rental rates and leasing practices related to office buildings similar to the Building. Such an appointment shall be signified in writing by each party to the other. If either party shall fail to appoint an
arbitrator within a period of 10 Business Days after written notice from the other party to make such appointment, the sole arbitrator appointed shall make the determination of the Prevailing Market rate for the applicable Renewal Term in the same
manner provided below as though it were the third arbitrator. Each of Landlord and Tenant shall furnish each of the two arbitrators with a copy of their respective final determination of the Prevailing Market rate for the applicable Renewal Term. If
both parties appoint an arbitrator, the arbitrators so appointed shall attempt, within a period of 10 Business Days to arrive at a determination of the Prevailing Market rate for the applicable Renewal Term, and failing such determination, the
arbitrators so appointed shall, within 10 Business Days after their appointment, appoint a third arbitrator, who is a reputable commercial leasing broker and has at least 10 years’ active and current experience in the commercial real estate
industry and in the North Suburban Chicago office leasing market with working knowledge of current rental rates and leasing practices related to office buildings similar to the Building. The third arbitrator shall proceed with all reasonable
dispatch to determine whether Landlord’s final determination of the Prevailing Market rate for the applicable Renewal Term or Tenant’s final determination of the Prevailing Market rate for the applicable Renewal Term most closely reflects
the Prevailing Market rate for the applicable Renewal Term. In no event shall the arbitrator have the right (i) to average the final determinations of the Prevailing Market rate for the applicable Renewal Term of Landlord and Tenant or
(ii) to choose another rate. The decision of such third arbitrator shall in any event be 

  
 6 

 
rendered within 30 days after his/her appointment, or within such other period as the parties shall agree, and such decision shall be in writing and in duplicate, one counterpart thereof to be
delivered to each of the parties. The arbitration shall be conducted in accordance with the rules of the American Arbitration Association (or its successor) and applicable Legal Requirements and this Section, which shall govern to the extent of any
conflict between this Section and the rules of the American Arbitration Association, and the decision of the third arbitrator shall be reviewable only to the extent provided by the rules of the American Arbitration Association and shall otherwise be
binding, final and conclusive on the parties. Each party shall pay the fees of the arbitrator it chose and the fees of its counsel and the losing party shall pay for the fees of the third arbitrator and the reasonable and necessary expenses incident
to the proceedings; provided however, if a party fails to appoint an arbitrator, the fees of the sole arbitrator shall be split between the two parties equally. 

d. Operating Expenses. 

i. Payment of Operating Expenses. During the Term, Tenant shall pay to Landlord, as Additional Rent, an amount equal to Tenant’s
Share (as defined below) of any and all Operating Expenses (as defined below) paid or incurred by Landlord in any calendar year (such amount being referred to herein as “Tenant’s CAM Payment”). Tenant’s CAM Payment
for each calendar year shall be reasonably estimated from time to time by Landlord and communicated by written notice to Tenant. Tenant agrees to pay such estimated amount in equal monthly installments on the first day of each calendar month. If
Landlord reasonably determines that Landlord’s estimate of Tenant’s CAM Payment for any particular calendar year was too low, then Landlord shall have the right to give a new statement of the estimated Tenant’s CAM Payment due from
Tenant for such calendar year or the balance thereof and to bill Tenant for any deficiency which may have accrued during such calendar year, and Tenant shall thereafter pay monthly estimated payments based on such new statement. Notwithstanding
anything to the contrary, Tenant’s CAM Payment shall not exceed (a) $11.00 per rentable square foot of the Premises per annum for the period beginning on the Commencement Date through December 31, 2020, and (b) $12.00 per rentable square
foot of the Premises per annum for the period from January 1, 2021 through December 31, 2021. 
 ii. Definitions. As used
herein, the following terms shall have the meanings set forth below: 
 (1) “Operating Expenses” shall mean all
costs and expenses incurred by Landlord for the administration, cleaning, maintenance, operation, repair and replacement of the Property, including, without limitation, all costs, expenditures, fees and charges for: (A) operation, maintenance,
repair, and replacement of the Property or any portion thereof (including maintenance, repair and replacement of glass, the roof covering or membrane, and landscaping), provided that the cost of any capital expenditures shall be amortized over the
useful life of the such improvement, which may extend beyond the Term; (B) utilities and services furnished generally to all tenants of the Building (including telecommunications facilities and equipment, recycling programs and trash removal
from the common spaces of the Building), and associated supplies and materials; (C) compensation (including employment taxes and fringe benefits) for persons who perform duties in connection with the operation, management, maintenance and
repair of the Property; (D) property, liability, rental income and 

  
 7 

 
other insurance relating to the Property, and expenditures for deductible amounts paid under such insurance; (E) licenses, permits and inspections for the Building (but excluding those for
any tenant improvements); (F) complying with any Legal Requirements pertaining to the Property; (G) a property management fee for the services of an independent third party property manager or, if such property management is provided
directly by Landlord or its employees, a property management fee no greater than that which a commercially reasonable independent third party property manager would charge in the region (not to exceed 2.5% of gross rental charges);
(H) accounting, legal and other professional services incurred in connection with the operation of the Property and the calculation of Operating Expenses; (I) contesting the validity or applicability of any Legal Requirements that may
affect the Property (provided any such contest is made in good faith); (J) the Building’s or Property’s share of any shared or common area maintenance fees and expenses; (K) Taxes; and (L) any other cost, expenditure, fee or
charge, whether or not hereinbefore described, which in accordance with generally accepted property management practices consistently applied would be considered an expense of managing, operating, maintaining and repairing the Property. Operating
Costs for any calendar year during which average occupancy of the Building is less than 100% shall be calculated based upon the Operating Costs that would have been incurred if the Building had an average occupancy of 100% during the entire calendar
year. 
 (2) “Taxes” means: all real property taxes and general, special or district assessments or other
governmental impositions, of whatever kind, nature or origin, imposed on or by reason of the ownership or use of the Property; service payments in lieu of taxes and taxes and assessments of every kind and nature whatsoever levied or assessed in
addition to, in lieu of or in substitution for existing or additional real or personal property taxes on the Property or the personal property described above; and the reasonable cost of contesting by appropriate proceedings the amount or validity
of any taxes, assessments or charges described above. 
 (3) “Tenant’s Share” shall be calculated on the basis
of a fraction the numerator of which is the rentable square footage of the Premises and the denominator of which is the rentable square footage of the Building (which, as of the date hereof is 200,548 rsf). Accordingly, as of the Effective Date,
Tenant’s Share is equal to 35.10%. 
 iii. Operating Expense Adjustments. Within 120 days after the expiration of each calendar
year, or as soon thereafter as is practicable, Landlord shall submit a statement to Tenant showing the actual Operating Expenses for such calendar year and Tenant’s CAM Payment with respect to such Operating Expenses. If for any calendar year,
Tenant’s estimated monthly payments exceed Tenant’s CAM Payment for such calendar year, then Landlord shall give Tenant a credit in the amount of the overpayment toward Tenant’s next monthly payments of Tenant’s CAM Payment. In
the event this Lease has expired, any such overpayment shall be paid directly to the Tenant within 30 days of the issuance of such statement. If for any calendar year Tenant’s estimated monthly payments are less than Tenant’s CAM Payment
for such calendar year, then Tenant shall pay the total amount of such deficiency to Landlord within 30 days after receipt of the statement from Landlord. Landlord’s and Tenant’s obligations with respect to any overpayment or underpayment
of Tenant’s CAM Payment shall survive the expiration or termination of this Lease. 

  
 8 

 iv. Audit Right. Landlord shall maintain reasonably complete records of all costs
and expenses which comprise the Operating Expenses payable hereunder by Tenant to Landlord. Tenant shall have the right, through itself or its representatives, at Tenant’s sole cost and expense, to examine, copy and audit such records at all
reasonable times at Landlord’s office during Business Hours. Landlord’s calculation of Tenant’s CAM Payment as set forth on any of Landlord’s annual statements shall be conclusive and binding upon Tenant unless, within 90 days
after the date Landlord delivers said statement, Tenant shall notify Landlord that it disputes the correctness of any charge set forth on the statement. Tenant shall have a period of 60 days to complete any audit it desires to undertake. Such audit,
however, shall not be undertaken by any person or entity whose compensation is determined on a contingency basis. If the result of the audit conducted by Tenant or its representative determines that Landlord has overcharged Tenant, Landlord shall
promptly refund to Tenant any overpayment, and if the audit determines that Landlord has undercharged Tenant, Tenant shall, within 30 days thereafter, pay to Landlord any amount owed with respect thereto. If the result of the audit conducted by
Tenant or its representative determines that Landlord has overcharged Tenant by more than 10%, Landlord shall reimburse Tenant for the costs of the audit. 

e. Payment of Rent. All Rent shall be payable at the office of Landlord at 1900 West Field Court, Lake Forest, Illinois 60045, or to
such other person or at such other address as directed by written notice from Landlord to Tenant. All Rent shall be due and payable without notice, demand, abatement, offset, or right of recoupment, unless otherwise specifically provided for in this
Lease, and Tenant’s covenant to pay Rent is an independent covenant under this Lease. In no due date is specified in this Lease for any Additional Rent required to be paid hereunder, such Additional Rent shall be paid as billed within 30 days
after notice, request or demand by Landlord for payment of the applicable amount due. For administrative convenience of Landlord and Tenant, Landlord may invoice Tenant for Rent using a monthly rent invoice, provided, however, that the failure of
Landlord to render a rent invoice to Tenant shall not relieve Tenant of its obligation to pay Rent when the same is due and payable under this Lease. 

f. Late Payments. If Tenant fails to pay when due any Base Rent or Additional Rent which Tenant is obligated to pay under the terms of
this Lease, the unpaid amounts shall bear interest at the Interest Rate. In addition, Tenant recognizes that late payment of any Base Rent or Additional Rent will result in administrative expense to Landlord, the extent of which additional expense
is extremely difficult and economically impractical to ascertain. Tenant therefore agrees that if Base Rent or Additional Rent is not paid when due and payable pursuant to this Lease, a late charge shall be imposed in an amount equal to 5% of the
unpaid Base Rent or Additional Rent. The amount of the late charge to be paid by Tenant shall be reassessed and added to Tenant’s obligation for each successive month until paid. The provisions of this Section 5(e) in
no way relieve Tenant of the obligation to pay Base Rent or other payments on or before the date on which they are due, nor do the terms of this Section 5(e) in any way affect Landlord’s remedies pursuant to
Section 23 of this Lease in the event said Base Rent or other payment is unpaid after date due. 

  
 9 

 6. Utilities; Services. 

a. Utilities. Landlord shall make a reasonable determination of Tenant’s share of the cost of all light, power, natural gas, sewer
service, water, telephone, refuse disposal and other utilities and related services supplied to the Premises, and Tenant shall pay such share to Landlord together with Tenant’s payments of Additional Rent hereunder. In the event Tenant has any
utility separately metered, Tenant shall pay, directly to the appropriate supplier, the cost of such utility supplied to the Premises as and when the same shall be due and payable. 

b. Services. At Landlord’s option, the costs of any amenities or services provided by Landlord to tenants or other occupants of the
Building (including, without limitation, with respect to any fitness facility, cafeteria, conference center, or copy center) shall be included in the Operating Expenses and Tenant’s shall reimburse Landlord for Tenant’s Proportionate Share
of thereof in accordance with Section 5(c) above. In the alternative, Landlord shall have the option to charge Tenant separately for any such services based on standard Building rates as reasonably determined by Landlord,
and, in such event, Tenant shall reimburse Landlord for its usage thereof within 30 days after Landlord’s delivery of its invoice thereof. 

c. Subject to Section 18 below, Landlord shall not be liable to Tenant, and Tenant’s obligations under this
Lease shall not be abated, in the event of any interruption or inadequacy of any utility or service supplied to the Premises. 
 7.
Use. Tenant shall have the right to use and occupy the Premises for general office use and any other uses incidental thereto so long as such incidental uses (a) comply with applicable Legal Requirements (as defined in
Section 10 below), (b) are consistent with the nature of and the character of the Building, and (c) are consistent with the uses of the Building by Landlord. Tenant shall not have the right to use the roof or any
portion thereof for any purpose whatsoever, including the installation or use of any microwave dishes or other communications radio antenna or other transmission or reception equipment without Landlord’s prior written consent. 

8. Compliance with Legal Requirements. Tenant shall comply with all applicable Legal Requirements insofar as they pertain to
Tenant’s use of the Premises, including, without limitation, cases where Legal Requirements mandate repairs, alterations, changes or additions to the Premises caused by Tenant’s use of the Premises during the Term. In the event
Tenant’s obligation to comply with Legal Requirements requires any “Alterations” (as defined in Section 11), then such Alterations shall be made in accordance with the provisions of
Section 11 of this Lease. “Legal Requirements” shall mean the requirements of (a) all applicable laws, statutes, ordinances, codes, rules, orders and regulations of all federal, state, county,
and municipal governments, and any and all of their departments, commissions, bureaus and agencies, including without limitation all “Environmental Laws” (as defined in Section 9 hereof) and all accessibility
laws, statutes, codes, rules, orders and regulations, including, without limitation, the Americans with Disabilities Act, as amended, (b) all rules, regulations and restrictions from time to time established by the Conway Park at Lake Forest
Owners’ Association, (c) any covenants, conditions and restrictions affecting the Property, including, without limitation, those contained in the Declaration recorded as Document No. 2552398, as amended by First Amendment to
Annexation Agreement, recorded August 9, 1996 as Document No. 3860724, and as further amended by the First Amendment to Declaration of Easements and Protective Covenants, Conditions and Restrictions for Conway Park at Lake Forest, recorded
September 24, 1997 as Document No. 4024067, and (d) all rules, orders and regulations of the Board of Fire Underwriters or equivalent association for the prevention of fires. 

  
 10 

 9. Environmental Compliance. 

a. Tenant accepts, assumes and agrees to pay, perform or otherwise discharge all liabilities and obligations arising under any Environmental
Laws (“Assumed Environmental Liabilities”) with respect to conditions, events, occurrences, practices, releases of Hazardous Substances or other acts or omissions after the commencement of the Original Agreement (the
“Original Commencement Date”) and through the Term hereunder relating to the use of the Premises and operations conducted by Tenant and its employees, guests, invitees, contractors, vendors, agents and representatives at the
Premises. 
 b. Tenant agrees to comply with all applicable Environmental Laws with respect to conditions, events, occurrences, practices,
releases of Hazardous Substances or other acts or omissions as they pertain to the manner in which Tenant uses the Premises during the Term hereunder. As used herein, “Hazardous Substance(s)” means any flammables, explosives,
radioactive materials, hazardous wastes or materials, toxic wastes or materials, or other similar substances, petroleum products or derivatives or any substance subject to regulation by or under any federal, state and local laws and ordinances
relating to the protection of the environment or the keeping, use or disposition of environmentally hazardous materials, substances, or wastes, presently in effect or hereafter adopted, all amendments to any of them, and all rules and regulations
issued pursuant to any of such laws or ordinances (collectively “Environmental Laws”). In the event Tenant’s obligation to comply with Environmental Laws requires any Alterations, then such Alterations shall be made in
accordance with the provisions of Section 11 of this Lease. Upon the expiration or earlier termination of the Lease, Tenant shall provide proof reasonably satisfactory to Landlord of compliance with all Environmental Laws.

 c. Tenant shall not, and shall not direct, suffer or permit any of its agents, contractors, employees, subtenants, licensees or invitees
(each, a “Tenant Entity”) to, at any time handle, use, manufacture, generate, store, transport, treat, release or dispose of in or about the Premises or the Property any Hazardous Substances; provided, however, that Tenant’s
use in the Building of cleaning supplies, copying fluids, other office and maintenance supplies and other substances normally and customarily used by tenants of office space shall not be deemed a violation of this
Section 9(c) if such use is in compliance with all Legal Requirements. 
 d. Landlord’s and Tenant’s
obligations under this Section 9 shall survive the expiration or earlier termination of this Lease. 
 10.
Repairs and Maintenance. 
 a. Landlord shall, subject to the terms of Section 13 and
Section 18 hereof and subject to reimbursement from Tenant’s CAM Payment (as applicable), perform diligently, promptly and in a good and workmanlike manner all maintenance, repairs and replacements to: (i) the
structural components of the Building, including without limitation the roof, roofing system, exterior walls, bearing walls, support beams, foundations, columns, exterior doors and windows, and lateral support to the Building; (ii) the roof,
roofing system, curtain walls and 

  
 11 

 
windows, if required to assure watertightness; (iii) any base building systems (including, without limitation, plumbing, fire sprinklers, heating, ventilation and air conditioning systems;
electrical and mechanical lines up to the point of connection to the Premises; (iv) the elevators serving the Building; and (v) any other common areas of the Property and Building. Subject to Tenant’s obligations under this Lease
(including, without limitation, pursuant to Section 8 above), Landlord shall maintain the Property in compliance with all Legal Requirements. Tenant shall promptly report in writing to Landlord any defective condition known
to Tenant which Landlord is required to repair. 
 b. Tenant at Tenant’s expense but under the direction of Landlord, shall repair and
maintain the Premises and the fixtures and appurtenances therein in a first class condition, and keep the Premises in a clean, safe and orderly condition, except to the extent such maintenance is the responsibility of the Landlord pursuant to
Section 10(a) above. 
 c. Notwithstanding the foregoing, Landlord, at Tenant’s sole cost and expense, shall
have the right to make all repairs caused by the negligence or misconduct of Tenant, its agents, independent contractors, representatives, or employers, and Tenant shall promptly reimburse Landlord for the reasonable costs and expenses for such
repairs. 
 11. Alterations; Liens. 

a. Tenant shall not redecorate, remodel or make any alterations, improvements or installations including placement of any signs (collectively,
“Alterations”) in or to the Premises without the prior written consent of Landlord, which consent shall not be unreasonably withheld, except that Landlord’s consent may be withheld in Landlord’s sole and absolute
discretion with respect to any proposed Alterations affecting: (i) the structural components of the Building (including, without limitation, the roof or roofing system, exterior walls, bearing walls, support beams, foundations, columns,
exterior doors and windows, and/or lateral support to the Building); (ii) curtain walls and windows; (iii) the base building plumbing supply system and fire/life safety systems; (vi) the base building heating, ventilation and air
conditioning systems; (vii) the base building electrical and mechanical lines, equipment and systems, including, without limitation, elevators; (viii) the parking facility, (ix) the common areas of the Property and Building,
including, without limitation, their lighting systems, walkways, shrubbery, lawn and landscaping; and (x) the exterior glass. In addition, Landlord shall have the right to withhold consent, in Landlord’s sole and absolute discretion, with
respect to any proposed Alterations to the interior of the Premises which would be visible from the exterior of the Premises. 
 b. Any
Alterations consented to by Landlord shall be at the sole cost and expense of Tenant. Landlord shall have the right to approve Tenant’s contractors, not to be unreasonably withheld). On Tenant’s request, Landlord will advise Tenant whether
Landlord will require the removal of any improvements that are part of the Alterations at the end of the Term as provided in Section 31(a) hereof. 

  
 12 

 c. In the event that Landlord shall elect to permit Tenant to arrange and contract for the
Alterations, then Tenant shall, before permitting commencement of the Alterations, furnish to Landlord for Landlord’s review and approval all necessary plans and specifications in reasonable detail, names and addresses of proposed contractors,
copies of contracts, and necessary permits, and shall furnish indemnification in form and amount reasonably satisfactory to Landlord, against any and all claims, costs, damages, liabilities and expenses which may arise in connection with the
Alterations, and certificates of insurance in form and amount reasonably satisfactory to Landlord from all contractors performing labor or providing materials, insuring Landlord against any and all liabilities which may arise out of or be connected
in any way with the Alterations. Tenant shall pay all actual costs and expenses relative to the Alterations and Landlord shall supply supporting documentation for such costs and expenses upon request. Tenant shall permit Landlord to monitor the
construction operations in connection with the Alterations and to restrict, as may reasonably be required, the passage of manpower and materials and the conducting of construction activity in order to avoid unreasonable disruption to Landlord or to
other tenants of the Building or damage to the Property or the Premises. Tenant shall pay to Landlord, for Landlord’s overhead in connection with monitoring the Alterations, a sum equal to the amount that would be charged by a third party
project manager for such work in an amount equal to not less than 2.5% and not more than 10% of Tenant’s costs for the Alterations. Promptly following completion of the Alterations, Tenant shall furnish to Landlord contractors’ affidavits,
full and final waivers of lien and receipted bills covering all labor and materials expended and used in connection with the Alterations. Whether or not Tenant shall furnish Landlord with all the foregoing, Tenant hereby agrees to indemnify, defend
and hold harmless Landlord from any and all claims, losses, costs, damages, expenses, or liabilities of any kind and description which may arise out of or be connected in any way with any Alterations. Any Alterations performed by Tenant shall comply
with all Landlord’s insurance requirements and with all applicable Legal Requirements. Landlord’s approval of plans and specifications or supervision of construction operations, if any, shall not imply Landlord’s acknowledgment,
opinion or belief that the Alterations complies with any such applicable Legal Requirements, nor relieve Tenant from any responsibility hereinabove imposed. Following the completion of the Alterations, Tenant shall also provide Landlord with “as-built” drawings showing in detail the full extent and nature of the Alterations. 
 d. In the
event that Landlord shall elect to directly arrange and contract for the Alterations on behalf of Tenant, Landlord shall assume full responsibility for the preparation of plans and specifications for the Alterations for the Tenant’s approval,
the contracting for all labor and materials required by the Alterations, compliance of the Alterations with all applicable Legal Requirements, and monitoring of the Alterations. Prior to contracting for any Alterations on behalf of Tenant, Landlord
shall prepare for Tenant’s approval a budget of the anticipated cost of the Alterations, and Landlord shall not contract for any Alterations until Tenant has approved the proposed budget. Tenant shall pay to Landlord the costs of the
Alterations including, without limitation, the cost of preparing the plans and specifications, the cost of permits, fees, labor and materials required to complete the Alterations, and the cost, if any, to repair and/or redecorate the Premises as may
be necessitated by the Alterations (collectively, “Costs”). Landlord’s charge to Tenant for Landlord’s overhead in connection with Landlord’s performance of the Alterations shall a sum equal to the amount that
would be charged by a third party project manager for such work in an amount equal to not less than 2.5% and not more than 10% of the total substantiated Costs. The Costs payable by Tenant to Landlord and Landlord’s charge therefor shall be
deemed to be Additional Rent and shall be paid by Tenant as the Alterations are performed, upon being billed by Landlord. 

  
 13 

 e. Tenant, promptly following receipt of notice thereof, shall remove or bond over any lien
or claim of lien filed against the Property or any part thereof for materials or labor performed by any contractors, subcontractors, workmen, or suppliers engaged directly or indirectly by Tenant and Tenant hereby agrees to indemnify, defend and
hold harmless Landlord from and against any and all claims, losses, costs, damages, expenses, or liabilities including, but not limited to, reasonable attorneys’ fees, arising from claims or liens, or Tenant’s failure to promptly remove
any such claims or liens. 
 12. Assignment and Subleasing. 

a. Tenant shall not assign, pledge, mortgage or otherwise transfer or encumber this Lease, nor sublet all or any part of the Premises or permit
the same to be occupied or used by anyone other than Tenant or its employees without the express written consent of Landlord, which consent shall not be unreasonably withheld, conditioned or delayed. In the event Tenant desires to assign this Lease
or let or sublet the whole or any part of the Premises, Tenant shall make a request in writing to Landlord of its intention to do so to Landlord, together with: (i) a copy of the proposed agreement of assignment or sublease wherein the proposed
assignee assumes all of the obligations of Tenant hereunder and containing the name and address of the proposed assignee; (ii) the names and addresses of the principals of the proposed assignee or subtenant; and (iii) financial statements
and bank and other financial and business references of the proposed assignee or subtenant reasonably sufficient to enable Landlord to ascertain the financial responsibility of the proposed assignee or subtenant. Landlord shall respond to Tenant
within 10 Business Days of receipt of Tenant’s request. If Landlord consents to Tenant’s request to sublease or assign this Lease, Landlord shall be provided with a copy of the fully executed sublease or assignment and shall receive 50% of
the amount, if any, which all rent or other consideration received by Tenant from such assignee or subtenant (prorated on a square-foot basis for less than the entire Premises) exceeds the rent then due to Landlord pursuant to this Lease, less the
amount of real estate brokerage commissions and other costs and expenses reasonably related to the assignment or sublease (all prorated over the term of the assignment or sublease) paid to unrelated third parties, including construction and
advertising expenses, but not including the proceeds from the sale or rental of any Tenant furniture, fixtures, equipment and other personal property, provided that same are sold or rented at the then bona fide market value thereof. Any assignment
or subletting approved by Landlord shall not relieve Tenant from all of its obligations and responsibilities under this Lease for the entire Premises. If Landlord objects to Tenant’s request to sublease the Leased Premises or assign this Lease,
Landlord shall specify the reasons for such objection. If Landlord fails to respond to Tenant within such 10 Business Day period, Landlord’s consent to such sublease or assignment request shall be deemed withheld. Upon any request to assign or
sublet, Tenant will pay to Landlord the sum equal to all of Landlord’s costs, including reasonable attorney’s fees, incurred in investigating and considering any proposed or purported assignment or sublease of any of the Premises,
regardless of whether Landlord’s consent shall ultimately granted or withheld therefor. The consent by Landlord to any particular assignment, subletting or other transfer hereunder shall not in any way be considered a consent by Landlord to any
other or further assignment, subletting, or other transfer. 

  
 14 

 b. Without limitation, each of the following shall be deemed to be an assignment of this
Lease requiring Landlord’s consent: (i) the transfer of a majority of the issued and outstanding capital stock of any corporate Tenant or the transfer of a majority of the membership interest of any Tenant which is a limited liability
company or a transfer of the total proprietary interest of any partnership Tenant, however the same may be accomplished, whether directly or indirectly, and whether in a single transaction or in a series of related or unrelated transactions, or
(ii) an increase in the number of issued and/or outstanding shares of the capital stock of any corporate Tenant and/or the creation of one or more additional classes of capital stock of any corporate Tenant, however accomplished and whether in
a single transaction or a series of related or unrelated transactions, with the result that at least 51% of the beneficial interest and record ownership in and to such Tenant shall no longer be held by the beneficial and record owners of the capital
stock of such corporate Tenant as of the date hereof, or the date on which such corporation shall become Tenant hereunder (whichever is later). Notwithstanding the foregoing or anything to the contrary contained herein, the sale or transfer of a
majority interest in Tenant or any controlling person of Tenant shall be deemed to be a permitted transfer of this Lease (“Permitted Transfer”), if such sale or transfer: (i) is to any affiliate of (meaning, an entity
controlling, controlled by or under common control with) Tenant; (ii) results in Tenant’s ultimate controlling person as of the Commencement Date no longer being the controlling person of Tenant; (iii) if Tenant’s shares are
registered under the Securities Exchange Act of 1934 and traded on any nationally-recognized stock exchange or “over the counter” market; (iv) is made between and amongst the existing stockholders, partners or members of Tenant and
their respective family members; or (v) results from the death of a stockholder, partner or member of Tenant; or (vi) is made by devise, bequest, gift, inheritance, intestacy or estate planning purposes of a stockholder, partner or member
of Tenant; or (vii) involves the sale of shares in connection with “going public” or an initial public offering. Landlord’s consent shall not be required for any such Permitted Transfer of this Lease, provided that Tenant shall
give written notice of any such Permitted Transfer (together with reasonable details describing the nature of the Permitted Transfer) promptly following the occurrence of such Permitted Transfer. 

c. Notwithstanding any assignment or transfer of this Lease, and notwithstanding the acceptance of Rent by Landlord from an assignee,
transferee, or any other party, except as otherwise agreed by Landlord in writing, Tenant shall remain fully liable for the payment of Rent and for the performance and observance of all other obligations of this Lease on the part of Tenant to be
performed or observed. Tenant’s liability shall be joint and several with any immediate and remote successors in interest of Tenant, and such joint and several liability in respect of Tenant’s obligations under this Lease shall not be
discharged, released or impaired in any respect by any agreement or stipulation made by Landlord extending the time of, or modifying any of the obligations of, this Lease, or by any waiver or failure of Landlord to enforce any of the obligations of
this Lease. 
 d. Upon the occurrence of an Event of Default, if the Premises or any part thereof is then assigned or sublet, Landlord, in
addition to any other remedies provided in this Lease or provided by law, may, at its option, collect directly from such assignee or subtenant all rents due and becoming due to Tenant under such assignment or sublease and apply such rent against any
sums due to Landlord from Tenant under this Lease, and no such collection shall be construed to constitute a novation or release of Tenant from the further performance of Tenant’s obligations under this Lease. 

  
 15 

 e. Any purported sale, assignment, mortgage, subletting or other transfer of this Lease or
any interest herein which does not comply with the provisions of this Section 12 shall be void. 
 13. Damage or
Destruction. 
 a. If the Premises or the Building shall be destroyed or damaged by fire, other casualty, acts of God or the elements (a
“Casualty”) so that it cannot, in Landlord’s good faith business judgment (which shall be made within 60 after the date of the Casualty), be restored or made suitable for Tenant’s business needs within 180 days
after the date of the Casualty, then either party may terminate this Lease by written notice to the other party within 30 days after the date of the Casualty. Any such termination of this Lease shall be effective as of the date of the Casualty and
the Rent shall abate from that date, and any Rent paid for any period beyond such date shall be refunded to Tenant. 
 b. If this Lease is
not terminated as provided in Section 13(a), then Landlord shall, at its sole cost and expense, restore the Premises and/or the Building as soon as reasonably practicable (and in all events within the time periods set forth
in Section 13(c) below) to the condition existing prior to the Casualty (to the extent practicable but, in any event, suitable for Tenant’s requirements), including without limitation any tenant improvements other than
those improvements constructed by or for Tenant after the Commencement Date. During the restoration period, the Rent shall abate for the period during which the Premises are not suitable for Tenant’s business needs. If only a portion of the
Premises is damaged, the Rent shall abate proportionately based upon the portion of the Premises that are not suitable for Tenant’s business needs and not used by Tenant. 

c. If Landlord, subject to delays occasioned by the occurrence of events of force majeure, does not restore the Premises and/or the Building as
required in Subparagraph (b) within 180 days of the date of the Casualty, Tenant may, as its discretion, terminate this Lease without incurring any liability to Landlord subsequent to the Casualty, provided (i) Tenant gives Landlord
written notice of immediate termination within 30 days after the expiration of the applicable 180 day period, and (ii) Landlord does not complete the restoration prior to receiving such notice. 

14. Eminent Domain. 
 a. If
there is a taking of the Property or the Premises by right or threat of eminent domain (a “Taking”) then Landlord shall give written notice to Tenant of such Taking and, if such Taking results or would result in the remainder
of the Premises being unable to be restored, in Landlord’s good faith business judgment, to a complete architectural unit within 180 days from the date of the Taking (“Substantial Taking”), then Landlord may terminate
this Lease by giving written notice to Tenant, without incurring any additional liabilities. Any such termination of this Lease shall be effective as of the date of the Taking and the Rent shall abate from that date, and any Rent paid for any period
beyond such date shall be refunded to Tenant. 

  
 16 

 b. If there shall be a Taking which does not constitute a Substantial Taking, this Lease
shall not terminate but Landlord shall, at its sole cost and expense, with due diligence, work to restore the Premises to its condition before the Taking (to the extent practicable) but excluding any improvements made for Tenant after the
Commencement Date of this Lease. During the restoration period, the Rent shall abate for the period during which the Premises are not suitable for Tenant’s business needs. 

c. If only a portion of the Premises is taken and Tenant is given access to the Premises and can continue to conduct its business without
material change and provided Tenant chooses not to exercise its right to terminate the Lease as set forth above, the Rent shall abate proportionately based upon the portion of the Premises that are not suitable for Tenant’s business needs and
not used by Tenant. 
 d. Tenant shall not be entitled to any part of the payment or award for a Taking, provided that Tenant may file a
claim, separate from Landlord’s claim, for any loss of Tenant’s property, moving expenses, or for damages for cessation or interruption of Tenant’s business, provided such claim is not for the value of the leasehold and does not
reduce Landlord’s award therefor. 
 15. Insurance. 

a. Landlord shall maintain, at its expense, during the Term, policies of insurance, with standard “special causes of loss” coverage
for the Building. Such coverage shall equal 100 of the replacement cost of the Building and any parking facility, exclusive of excavation, footings and foundations, together with such additional insurance coverages as Landlord may elect in
connection with the Property, and the costs of all such policies and any deductibles thereunder shall be included in Operating Expenses.. 

b. Tenant shall maintain, at its expense, during the Term, with insurance companies reasonably acceptable to Landlord, comprehensive general
liability insurance for the Premises in a combined coverage for bodily injury and property damage in an amount not less than $3,000,000. Tenant shall name Landlord and any mortgagee of the Property of which Landlord has advised Tenant in writing, as
additional insureds under such policy. 
 c. Tenant shall maintain, at its expense, during the Term, property insurance on all personal
property located in the Premises from damage or other loss caused by fire or other casualty, including but not limited to, vandalism and malicious mischief, perils covered by extended coverage, theft, sprinkler leakage, water damage (however
caused), explosion, malfunction or failure of heating and cooling or other apparatus, and other similar risks in amounts not less than the full insurable replacement value of such property. Landlord shall be named as a loss payee of such policy, as
its interests may appear. 
 d. Tenant shall maintain such worker’s compensation insurance as is required by applicable law. 

e. The policy or policies evidencing such insurance for subsections (a), (b), (c), and (d) shall provide that they may not be canceled or
amended without 30 days’ prior written notice being given to the party for whose benefit such insurance has been obtained. Prior to the Commencement Date, each party shall submit to the other insurance certificates demonstrating the required
policies are in effect. 

  
 17 

 f. Notwithstanding the foregoing, Landlord may self-insure provided that Landlord’s
self-insurance program meets the requirements of any applicable laws pertaining to such self-insurance programs and meets any and all requirements and approvals of any insurance commission of the state in which the Property is located and where the
subject matter of said self-insurance program is to be applicable. 
 16. Subrogation and Waiver. The parties release each other and
their respective authorized representatives from any claims for injury to any person or damage to the Property that are caused by or result from risks required to be insured against under any insurance policies carried by either of the parties. Each
party to the extent possible shall obtain, for each policy of insurance, provisions permitting waiver of any claim against the other party for loss or damage within the scope of the insurance and each party to the extent permitted, for itself and
its insurer, waives all such insured claims against the other party. If such waiver or agreement shall not be obtainable, or shall cease to be obtainable without additional charge, the insured party shall so notify the other party promptly after
notice thereof. If the other party shall agree in writing to pay the insurer’s additional charge therefor, such waiver or agreement shall (if obtainable) be included in the policy.  

17. Indemnification. 
 a.
Subject to Section 16 and except as specifically provided to the contrary elsewhere in this Lease, each party shall defend, indemnify and save harmless the other, its officers, directors, and employees against all claims,
liabilities, losses, and damages (including reasonable attorneys’ fees) because of injury, including death, to any person, or damage or loss of any kind to any property to the extent caused by any negligence or willful misconduct of the other
party or its agents, or any failure on the part of such party to perform all of its liabilities and obligations under this Lease. 
 b.
Landlord’s and Tenant’s indemnification obligations under this Section 17 shall survive the expiration or earlier termination of this Lease. 

18. Interruption of Services. Landlord shall not be liable to Tenant for any damages, nor shall Tenant be entitled to any abatement of
Rent, due to any interruption or failure to furnish or delay in furnishing any utilities or services, or for any diminution in the quality or quantity thereof, when such delay, failure or diminution is occasioned, in whole or in part, by repairs,
renewals or improvements, by any strike, lockout or other labor trouble, failure of any vendor, contractor or service provider to perform, by inability to secure fuel or supplies for the Building (provided that Landlord uses commercially reasonable
efforts to overcome such circumstances), by any accident or casualty whatsoever, by the act, omission, or default of Tenant, or by any other cause or circumstance beyond Landlord’s reasonable control, and such failures or delays or diminution
shall never be deemed to constitute an eviction or disturbance of the Tenant’s use and possession of the Premises or relieve Tenant from paying Rent or performing any of its obligations under this Lease. Notwithstanding the foregoing, if
(a) the Premises are rendered untenantable as the result of any such interruption or failure to furnish utilities or services, 

  
 18 

 
(b) such interruption or failure is caused by the negligence or willful misconduct of Landlord, and (c) such untenantability continues for a period of five consecutive Business Days
(and provided that Tenant does not, in fact, use or occupy the Premises during the period of such untenantability), then, commencing with the sixth such day and continuing until such untenantability has been remedied, Base Rent shall be abated in
proportion to the portion of the Premises so rendered untenantable. Notwithstanding anything to the contrary, if the Premises remain untenantable for more than 180 consecutive days (and provided that Tenant does not, in fact, use or occupy the
Premises during the entire period of such untenantability) as a result of any such interruption or failure caused by the negligence or willful misconduct of Landlord, Tenant shall have the right to terminate this Lease by giving written notice to
Landlord after the expiration of such 180 day period and before such untenantability has been remedied. 
 19. Subordination and
Nondisturbance. Tenant’s interest in this Lease shall be subject and subordinate in all respects to any fee owner, ground or prime lease (including, without limitation, any Over-Lease or master lease agreement resulting from a sale
by Landlord of its interest in the Property to a third party and a lease-back of the entire Property by Landlord from such third party) or the lien of any mortgage or deed of trust which may now or hereafter be placed on the Property. Upon
Tenant’s request, Landlord shall request and use commercially reasonable efforts to obtain from any present or future mortgagee, trustee, fee owner, ground or prime lessor, or any person having an interest in the Premises superior to this Lease
(a “Superior Interest”) a written subordination and nondisturbance agreement in recordable form, providing that so long as Tenant performs all of the terms, covenants and conditions of this Lease and agrees to attorn to the
mortgagee, beneficiary of the deed of trust, purchaser at a foreclosure sale, ground or prime lessor or fee owner, Tenant’s rights under this Lease shall not be disturbed and shall remain in full force and effect for the Term, and Tenant shall
not be joined by the holder of any mortgage or deed of trust in any action or proceeding to foreclose thereunder, unless such joinder is required for jurisdictional purposes. Landlord shall not have any liability to Tenant if it is not able to
obtain such subordination and nondisturbance agreement. 
 20. Landlord’s Right of Entry.  

a. Landlord has the right to enter the Premises at any reasonable time upon (i) twenty-four (24) hours’ prior notice to Tenant
(or without notice in case of emergency) for the purpose of performing maintenance, repairs, and replacements to the Premises as are permitted or required under this Lease, and (ii) without notice for entry for the purpose of performing routine
services which Landlord is required to provide under this Lease. 
 b. Upon reasonable advance notice to Tenant, Landlord may show the
Premises to prospective purchasers, mortgagees and, during the last 12 months of the Term, to prospective tenants. 
 c. In exercising its
rights under this Section 20, Landlord shall use reasonable efforts to not materially interfere with or disrupt the normal operation of Tenant’s business. Tenant shall have the right, in its sole discretion, to
designate a representative to accompany Landlord, or any third parties, while they are on the Premises. 

  
 19 

 21. Rules and Regulations. Tenant agrees to comply with all reasonable written rules
and regulations which Landlord may establish for the protection and welfare of Tenant, the Building and all the other tenants and occupants of the Building, provided that all such rules and regulations (i) shall be applied uniformly to all
occupants of the Building, (ii) do not discriminate against Tenant, and (iii) do not unreasonably interfere with Tenant’s use of the Premises. A copy of the current rules and regulations is attached as Exhibit
“B” hereto and by this reference made a part hereof. Tenant shall be given a copy of any changes to the rules and regulations at least ten days before they become effective. In the event of
a conflict between the rules and regulations, and the provisions of this Lease, the provisions of this Lease shall prevail.  
 22.
Event of Default. The occurrence of any one or more of the following matters constitutes an “Event of Default” by Tenant under this Lease: 

a. Any failure by Tenant to pay Rent when due, where such failure is not cured within five days after receipt of written notice from Landlord
to Tenant; 
 b. Any failure by Tenant to observe or perform any other covenant, agreement, condition or provision of this Lease, if such
failure continues for five Business Days after receipt of written notice from Landlord to Tenant, except that if the default cannot be cured within the five Business Day period, it shall not be considered an Event of Default if Tenant commences
timely to cure such default and thereafter proceeds diligently and continuously to effect such cure; 
 c. the making of any assignment by
Tenant for the benefit of creditors; 
 d. the filing by or against Tenant of a petition to have Tenant adjudged a bankrupt or a petition of
reorganization or arrangement under any law relating to bankruptcy (unless, in the case of a petition filed against Tenant, the petition is dismissed within 60 days of the date filed); 

e. the appointment of a trustee or receiver to take possession of substantially all of Tenant’s assets; 

f. the attachment, execution or other judicial seizure of substantially all of Tenant’s assets; or 

g. an assignment or subletting by Tenant in violation of Section 12 hereof. 

23. Rights and Remedies. If an Event of Default by Tenant occurs,  

a. Landlord may terminate this Lease or Tenant’s right of possession, by giving Tenant written notice of Landlord’s election to do
so, in which event the Term shall end, and all right, title and interest of Tenant hereunder shall expire, on the date stated in such notice; 

b. If this Lease and the Term and estate hereby granted shall terminate for an Event of Default as provided in
Section 23(a) above, then 

  
 20 

 i. Landlord and Landlord’s agents may thereupon
re-enter the Premises or any part thereof by summary proceedings or by any other applicable legal proceeding and may repossess the Premises and dispossess Tenant and any other persons therefrom and remove any
and all of its or their property and effects from the Premises, and 
 ii. Landlord, at its option, may relet the whole or any part of the
Premises from time to time, either in the name of Landlord or otherwise, to such tenant(s), for such term(s) ending before, on or after the date on which the Term is otherwise scheduled to expire (the “Expiration Date”), at
such rental(s) and upon such other conditions, which may include concessions and free rent periods, as Landlord may reasonably determine to be necessary. Landlord, at Tenant’s sole cost and expense, may make such reasonable repairs,
improvements, alterations, additions, decorations and other physical changes in and to the Premises as Landlord, in its reasonable discretion, considers advisable or necessary in connection with any such reletting or proposed reletting, without
relieving Tenant of any liability under this Lease or otherwise affecting any such liability. 
 c. Should this Lease be terminated as
provided in Section 23(a) above, or by or under any other proceeding, or if Landlord shall re-enter the Premises, Landlord shall be entitled to recover, and Tenant shall pay, in
addition to any damages or amounts provided for elsewhere in this Section 23 or under any other provisions of this Lease, the then cost of: 

i. restoring the Premises to the same condition as that in which Tenant has agreed to surrender them to Landlord as of the last day of the
Term; and 
 ii. completing in accordance with this Lease any improvements to the Premises that have been actually commenced as of the date
of the Event of Default, or for repairing any part thereof. 
 d. If an Event of Default by Tenant or any person claiming through or under
Tenant should occur, Landlord shall be entitled to seek to enjoin such default and shall have the right to invoke any right allowed at law or in equity, by statute or otherwise, as if re-entry, summary
proceedings or other specific remedies were not provided for in this Lease. 
 e. Should this Lease be terminated by Landlord as provided in
Section 23(a), 
 i. Tenant shall pay to Landlord all Rent through the date upon which this Lease was terminated
for Tenant’s Event of Default, and 
 ii. Tenant shall be liable for and shall pay to Landlord, as damages, any deficiency between
(A) the Rent that would have been payable hereunder for the period which otherwise would have constituted the unexpired portion of the Term and (B) the net amount, if any, of rents (“Net Rent”) collected under any
reletting effected pursuant to the provisions of this Section for any part of such period (first deducting from the rents collected under any such reletting all of Landlord’s expenses in connection with the termination of this Lease or
Landlord’s re-entry, including all repossession costs, brokerage commissions, legal expenses, alteration costs and other expenses of preparing the Premises for such reletting). Such deficiency shall be
paid in monthly installments by Tenant on the days specified in this Lease for the payment of installments of Base Rent. Landlord shall be entitled to recover from Tenant 

  
 21 

 
each monthly deficiency as the same shall arise and no suit to collect the amount of the deficiency for any month shall prejudice Landlord’s right to collect the deficiency for any prior or
subsequent month by a similar proceeding or otherwise. A suit or suits for the recovery of such deficiencies may be brought by Landlord from time to time at its election. 

f. Landlord shall be entitled to recover from Tenant, and Tenant shall pay Landlord, on demand, as liquidated damages and not as a penalty, a
sum equal to the amount by which (A) the Base Rent and Additional Rent payable hereunder (reduced by any amounts collected by Landlord on account of monthly deficiencies as provided in Section 23(e)(ii) above) for the
period ending on the Expiration Date and beginning on the latest of the date of termination of this Lease, the date of re-entry by Landlord or the date through which monthly deficiencies shall have been paid
in full, exceeds (B) an amount equal to the then fair and reasonable rental value of the Premises for the same period, both amounts discounted to present value at the Interest Rate as defined below. If, before presentation of proof of such
liquidated damages to any court, commission or tribunal, the Premises or any part thereof shall have been relet by Landlord for the period which otherwise would have constituted all or any part of the unexpired portion of the Term, the amount of
rent upon such reletting shall be deemed, prima facie, to be the fair and reasonable rental value for the part or the whole of the Premises (as the case may be) so relet during the term of such reletting. As used herein, “Interest
Rate” shall mean an annual rate equal to the Prime Rate as set forth in The Wall Street Journal on the date of the default or, if The Wall Street Journal is not published that day, the first date of publication thereafter,
plus 3%. 
 g. In no event shall Tenant be entitled (A) to receive any excess of any Net Rent under
Section 23(e) over the sums payable by Tenant to Landlord hereunder or (B) in any suit for the collection of damages pursuant to this Section to a credit in respect of any Net Rent from a reletting except to the extent
that such Net Rent is actually received by Landlord. Should the Premises or any part thereof be relet in combination with other space, then proper apportionment on a square foot area basis shall be made of the rent received from such reletting and
the cost of reletting. 
 h. If Landlord spends any money to cure such Event of Default by Tenant, then Landlord shall also be entitled to
interest on such expenditure at the Interest Rate. 
 i. Nothing contained herein shall be construed as limiting or precluding the recovery
by Landlord from Tenant of any sums or damages to which, in addition to the damages particularly provided above, Landlord may lawfully be entitled by reason of any default hereunder on the part of Tenant, provided that, except to the extent set
forth above in this Section 23 or in connection with Tenant’s breach of Section 9 above or holdover pursuant to Section 24 below, each party waives any right to
recover consequential, incidental, indirect, exemplary, punitive or other types of indirect damages from the other party for a breach of this Lease. 

24. Holding Over. Should Tenant remain in possession of the Premises after the termination or expiration of this Lease, Tenant shall be
a tenant from month-to-month of the Premises under all the terms and conditions of this Lease, except that Rent shall be at a rate equal to 150% of the then previously
applicable Rent, prorated on a daily basis. Nothing contained in this Lease shall be construed as a consent by Landlord to the occupancy or possession by Tenant 

  
 22 

 
of the Premises beyond the termination date or prior expiration of the Term, and Landlord, upon said termination date or prior expiration of the Term, or at any time thereafter (and
notwithstanding that Landlord may accept from Tenant one or more payments called for herein), shall be entitled to the benefit of all legal remedies that now may be in force or may be hereafter enacted relating to the immediate repossession of the
Premises. The provisions of this Section 24 shall survive the expiration date or earlier termination of the Term. 

25. Quiet Enjoyment. Subject to Section 19 hereof, Landlord covenants that if and for so long as Tenant pays
the Rent and performs the covenants and conditions hereof, Tenant shall peaceably and quietly have, hold and enjoy the Premises for the Term, without interference by Landlord or anyone claiming by, through or under Landlord, or by anyone claiming
superior title to Landlord. 
 26. Mutual Representation of Authority. Each of Landlord and Tenant represents and warrants to the
other that it has full right, power and authority to enter into this Lease without the consent or approval of any other entity or person and each party makes these representations knowing that the other party will rely thereon. Each party agrees
that it will not raise or assert as a defense to any obligation under this Lease or make any claim that this Lease is invalid or unenforceable due to any failure of this document to comply with ministerial requirements, including but not limited to
requirements for corporate seals, attestations, witnesses, notarization, or other similar requirements, and each party hereby waives the right to assert any such defense or make any claim of invalidity or unenforceability due to any of the
foregoing. 
 27. Real Estate Brokers. Each of Landlord and Tenant represents and warrants to the other that it has had no dealings
with any real estate broker or agent in connection with this Lease. Each party covenants to pay, hold harmless, and indemnify the other from and against any and all costs, expenses, or liabilities for any compensation, commissions, and charges
claimed by any broker or agent with respect to this Lease or the negotiation thereof, based upon alleged dealings with the indemnifying party. 

28. Business Hours – Holidays. As used in this Lease, “Business Hours” shall mean the hours of 6:00 a.m.
through 6:00 p.m., Monday through Friday except Holidays, and “Holidays” shall mean New Year’s Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, the Day after Thanksgiving, and Christmas, and
“Business Day” means any day which is not a Saturday, Sunday or Holiday or other day on which national banks in Chicago, Illinois are authorized to be closed. Tenant shall have access to the Premises during Business Hours.
After Business Hours, Tenant shall have access to the Premises, provided Tenant complies with Landlord’s security procedures. Landlord may establish and advise Tenant of any reasonable requirements for prior notification to Landlord for
Tenant’s use of the Premises during non-Business Hours and may separately charge for utilities used by Tenant during non-Business Hours that would not have been
used but for Tenant’s non-Business Hour use of the Premises. 
 29. Estoppel Certificate.
Tenant agrees, upon not less than 15 days’ prior written request by Landlord, to deliver to Landlord a statement in writing signed by Tenant certifying (i) that this Lease is unmodified and in full force and effect (or if there have been
modifications, identifying the modifications); (ii) the date upon which Tenant began paying Rent and the date(s) 

  
 23 

 
to which the Rent has been paid; (iii) that, to the best of Tenant’s knowledge, Landlord is not in default under any provision of this Lease, or, if in default, the nature thereof;
(iv) that there has been no prepayment of Rent except as provided for in this Lease; and (v) such other information as may be reasonably requested by Landlord. Any person or entity purchasing, acquiring an interest in or extending
financing with respect to the Property shall be entitled to rely upon any such certificate. 
 30. No Recording. Landlord and Tenant
agree not to record this Lease or any memorandum of this Lease. 
 31. Surrender; Restoration. 

a. At the expiration or earlier termination of this Lease, whether by forfeiture, lapse of time or otherwise, or upon termination of
Tenant’s right to possession of the Premises, Tenant will surrender and deliver up the Premises to Landlord, in good condition and repair, reasonable wear and tear and loss by fire or other casualty excepted. Tenant will vacate the Premises and
leave it in neat and clean condition and free of any Hazardous Substances brought onto the Property by Tenant or its affiliates, subsidiaries, contractors, subcontractors, employees, guests, or invitees after the Original Commencement Date. In
addition to the provisions of Section 31(b) below, Landlord may require the removal and restoration of any improvements made by or for Tenant after the Original Commencement Date. Any such removal and restoration required
by Landlord will be performed by Landlord or its contractors at Tenant’s cost and expense. 
 b. Tenant, at its sole cost and expense,
shall remove any personal property, furniture, and trade fixtures which it owns or leases from third parties. Any furniture which is part of the Transferred FF&E which is affixed, attached to or
“built-in” to the walls or floors of the Building shall not be removed without Landlord’s written consent. Tenant shall repair any damage caused by such removal or, at Landlord’s option,
Tenant shall pay Landlord for the cost to repair or restore any such damage. Tenant shall verify the ownership of any such items before removing them from the Premises. Any personal property, furniture, and trade fixtures used by Tenant but which
are owned by Landlord or leased by Landlord from third parties shall not be removed by Tenant. Tenant shall leave the Premises in a neat and clean condition. 

32. Waiver. No consent or waiver, express or implied, by either party to or of any breach or default by the other party in the
performance by such other party of its obligations under or in connection with this Lease shall be deemed or construed to be a consent or waiver to or of any other breach or default in the performance by such other party of the same or any other
obligation of such party. Failure on the part of any party to complain of any act or failure to act of the other party or to declare the other party in default, irrespective of how long such failure continues, shall not constitute a waiver by such
party of its rights hereunder. 
 33. Governing Law. This Lease shall be construed and interpreted in accordance with the laws of the
State of Illinois, without reference to the choice of laws or conflicts of law provisions thereof. 

  
 24 

 34. Notices. Any notice required or permitted to be provided by a party under this
Lease will be made to the notice address of the receiving party set forth below or to an alternate notice address later designated by the receiving party in accordance with this Section 34. Notices will be effective upon
actual receipt by the receiving party. An emailed notice will be effective against a receiving party only if the receiving party acknowledges receipt of the emailed notice in a return notice to the notifying party, and each party agrees to
acknowledge receipt of an email notice in good faith promptly following receipt. A party may change its address for notice by giving notice to the other party pursuant to this Section 34. 

Address for notice to Landlord: 

Pactiv LLC 
 1900 West Field
Court 
 Lake Forest, IL 60045 

Attn: Chief Executive Officer 

Email: jmcgrath@pactiv.com 

For any notice concerning default or termination, with a copy to: 

Pactiv LLC 
 1900 West Field
Court 
 Lake Forest, IL 60045 

Attn: General Counsel 
 Email:
skarl@pactiv.com 
 Address for notices to Tenant: 

Reynolds Consumer Products LLC 

1900 W. Field Court 
 Lake
Forest, IL 60045 
 Attention: Chief Executive Officer 

Email: Lance.Mitchell@@ReynoldsBrands.com 

For any notice concerning default or termination, with a copy to: 

Reynolds Consumer Products LLC 

1900 W. Field Court 
 Lake
Forest, IL 60045 
 Attention: General Counsel 

Email: David.Watson@ReynoldsBrands.com 

35. Captions. The captions appearing in this Lease and its Exhibits are inserted only as a matter of convenience and do not define,
limit, construe or describe the scope or intent of the sections of this Lease or its Exhibits nor in any way affect this Lease or its Exhibits. 

  
 25 

 36. Dispute Resolution. Prior to commencing any action, suit or proceeding in
connection with this Lease other than with respect to any failure by Tenant to pay Rent, the parties shall first in good faith consult among appropriate officers of Landlord and Tenant, which shall begin promptly after one party has delivered to the
other a written request for consultation. At any time thereafter, either party may request in writing that the dispute be referred to appropriate senior executives of Landlord and Tenant. Within ten days after such request, the senior executives
(and not their designees) shall meet and attempt in good faith to resolve the dispute. Thereafter, once 20 days have expired past the date upon which senior executives met, either party may file any action, suit or proceeding in connection with this
Agreement. Notwithstanding the foregoing, in the event of any emergency situation requiring immediate action, Landlord or Tenant, as the case may be, may file an action, suit or proceeding immediately without first complying with the terms of this
Section 36. 
 37. Counterparts. This Lease may be executed in one or more counterparts, each of which shall
be deemed an original but all of which, when taken together, shall constitute one and the same instrument. 
 38. Signs. In the event
Landlord, in its sole discretion, shall institute the use of a directory in the main lobby of the Building (but without any obligation to do so), Landlord shall place the Tenant’s name and location on the directory in the Building, and afford
Tenant, without charge, the placing of the customary number of names in the Building directory. Tenant shall not be permitted to erect, install, affix or exhibit any other signage in the Building, the Premises or on the Property without the express
written consent of Landlord, which consent may be withheld by Landlord in its sole discretion. Landlord approves Tenant’s signage existing at the Building as of the Commencement Date. 

39. Entire Agreement. This Lease (which includes each of the Exhibits attached hereto) contains the entire agreement between the parties
with respect to the subject matter hereof, and all prior negotiations and agreements are merged into this Lease. This Lease may not be changed, modified, terminated or discharged, in whole or in part, nor any of its provisions waived except by a
written instrument which (a) shall expressly refer to this Lease and (b) shall be executed both Landlord and Tenant. All exhibits and addenda attached hereto are hereby incorporated into this Lease and made a part hereof. In the event of
any conflict between such exhibits or addenda and the terms of this Lease, such exhibits or addenda shall control. 
 40. Release.
Tenant, on behalf of itself and its officers, directors, employees, agents, representatives, guests and invitees, and its and their respective heirs, legal representatives, successors and assigns, hereby remise, and release and forever discharge
Landlord, its officers, directors, employees, affiliates, agents, representatives and independent contractors, and its and their respective heirs, legal representatives, successors and assigns, of and from any and all manner of actions, causes of
actions, lawsuits, claims, demands and liability, in law or in equity, arising out of or relating to the use by Tenant and its officers, directors, employees, agents, representatives, guests and invitees of the computer equipment room, the fitness
equipment and cafeteria in the Building (to the extent such fitness equipment and cafeteria are made available for use by Tenant hereunder), except to the extent caused by the gross negligence or willful misconduct of Landlord. 

  
 26 

 41. Confidentiality. 

a. “Confidential Information” shall mean, with the exceptions set forth below, the existence and content of any information, whether
in written, oral, electronic or other form, which a party directly or indirectly, acquires from the other party, through conversations, observations, documents or otherwise, including, without limitation, information concerning a party’s or its
affiliates’ business activities, present or proposed operations, and present or future business plans and operations. 
 b. Any
information acquired by a party from the other party shall be presumed to be Confidential Information unless expressly designated in writing as non-confidential at the time of disclosure. However, Confidential
Information shall not include information if it can be documented to have been (a) in the public domain by publication or other means, other than as a result of the party’s breach of its obligations hereunder; (b) supplied to a party
without a restriction by a third party lawfully in possession thereof who, to the best of such party’s knowledge, had no contractual or fiduciary obligation to the disclosing party or another in respect thereto; or (c) independently
developed by a party having no access to Confidential Information of the disclosing party. 
 c. Each party shall safeguard all Confidential
Information that it acquires from the other party with the highest degree of control and care reasonably practicable, but not less than that degree of care practiced by a party with respect to its own similar property under similar circumstances. A
party shall not use or reproduce any Confidential Information except in connection with this Lease, nor disclose it to any third party except as approved or directed by the other party in writing. It will only disclose Confidential Information to
those of its employees, officers, directors and agents who have a need to know such information and who have a legal obligation to keep it confidential to at least the same extent as the confidentiality requirements by which such party is bound
hereunder. 
 d. In the event a party is required by law, regulation, or order of court or government authority to disclose any Confidential
Information, it shall give the other party prompt written notice of such requirements so that such other party may seek an appropriate protective order or other relief and shall withhold disclosure until such party has had a reasonable opportunity
to procure, and shall make reasonable efforts to assist the disclosing party in procuring, such protective order or other relief, unless the party has given written notice of its decision not to seek such relief. If despite such prompt notice and
efforts the protective order or other relief is denied, disclosure is mandated before the order or other relief can be obtained, or the party does not seek such relief, a party may disclose such Confidential Information without liability hereunder;
provided, however, that the receiving party shall use reasonable efforts to obtain reliable assurances that confidential treatment will be accorded to such Confidential Information and provided further that such disclosure shall be limited to the
specific information necessary to comply with such law, regulation or order. Nothing in this Section 41 will restrict a party from disclosing any Confidential Information as may be reasonably required in connection with any
proceeding pursuant to Section 36 hereof or in connection with the sale by Landlord of its interest in the Property to a third party. 

  
 27 

 42. Amendment and Restatement. This Lease amends, restates and supersedes the
Original Lease which, effective as of the Commencement Date, shall no longer be of any force or effect. 
 IN WITNESS WHEREOF, the parties
hereto have duly executed this Amended and Restated Lease Agreement as of the day and year first above written. 
  

			
	LANDLORD:
	
	PACTIV LLC, a Delaware limited liability company
		
	By:	 	 /s/ John McGrath

	Name: John McGrath
	Title: Chief Executive Officer
	
	TENANT:
	
	REYNOLDS CONSUMER PRODUCTS LLC, a Delaware limited liability company
		
	By:	 	 /s/ Lance Mitchell

	Name: Lance Mitchell
	Title: Chief Executive Officer

  
 28 

 Exhibit “A” 

Premises 
 See
Attached 

 Exhibit “B” 

Rules and Regulations 
  

	1.	 The rules and regulations set forth in this Exhibit “B” shall be and hereby are made a
part of the Lease to which they are attached. Whenever the terms “Landlord” or “Tenant” are used in these rules and regulations, they shall be deemed to include their respective employees, agents, contractors, and any other
persons permitted by them to occupy or enter the Premises. The following rules and regulations may from time to time be modified by Landlord in the manner set forth in the Lease. Capitalized terms used in these Rules and Regulations which are not
otherwise defined herein shall have the meaning ascribed to them in the Lease. Reference to other tenants includes, without limitation, the Landlord’s occupancy of the Building. 

 

	2.	 Obstruction: The sidewalks, entries, passages, corridors, halls, lobbies, stairways, elevators and other
common access facilities of the Property shall be controlled by Landlord and shall not be obstructed by Tenant or used for any purposes other than ingress or egress to and from the Premises. Tenant shall not place any item in any of the common areas
of the Property, whether or not any such item constitutes an obstruction, without the prior written consent of the Landlord. Landlord shall have the right to remove any obstruction or any such item without notice to Tenant and at the expense of
Tenant. Landlord shall have access to all mechanical and electrical equipment at all times. Any furnishings that impede access for regular or emergency maintenance or repair of this equipment are not allowed and any costs to move such equipment
shall be charged to and paid by Tenant. 

  

	3.	 Deliveries: Tenant shall insure that all deliveries to the Premises (including, without limitation,
deliveries of mail, office supplies, beverages and soft drinks, catered meals and all other deliveries of bulk items) shall be made only upon the elevators designated by Landlord for deliveries and only during the Business Hours of the Building.
Only hand carts with rubber tires and side guards shall be used in the Building. If any person making deliveries to Tenant damages the elevator or any other part of the Building or Property, Tenant shall pay to Landlord upon demand the amount
required to repair such damage and restore the area to its previous condition. 

  

	4.	 Moving: Furniture and equipment shall be moved in or out of the Building only upon the elevators
designated by Landlord for deliveries and then only during such hours and in such manner as may be prescribed by Landlord. Tenant shall schedule any such deliveries or moving in advance with Landlord. Landlord shall have the right to approve or
disapprove the movers or moving company employed by Tenant and Tenant shall cause such movers to use only the loading facilities and elevators designated by Landlord. If Tenant’s movers damage the elevators or any other part of the Building,
Tenant shall pay to Landlord upon demand the amount required to repair such damage and restore the area to its previous condition. 

	5.	 Heavy Articles: No safe or article the weight of which may, in the reasonable opinion of Landlord,
constitute a hazard or may cause damage to the Building or its equipment, shall be moved into the Premises. Safes and other heavy equipment, the weight of which (in the reasonable opinion of Landlord) will not constitute a hazard or cause damage to
the Building or its equipment shall be moved into, from or about the Building only during such hours and in such manner as shall be prescribed by Landlord and Landlord shall have the right to designate the location of such articles in the Premises.
Tenant shall not exceed the floor load for the Premises and shall obtain the floor load from the Landlord prior to moving or placing any heavy items. 

  

	6.	 Nuisance: Tenant shall not do or permit anything to be done in the Premises, or bring or keep anything
therein which would in any way constitute a nuisance or waste, or obstruct or interfere with the rights of other tenants or occupants of the Building, or in any way injure them, or conflict with the laws relating to fire, or with any regulations of
the fire department or with any insurance policy upon the Building or any part thereof, or violate any of the rules or ordinances of any governmental authority having jurisdiction over the Building (including, by way of illustration and not
limitation, using the Premises for sleeping, lodging or cooking). 

  

	7.	 Building Security: Landlord may restrict access to and from the Premises and the Building outside of the
Business Hours of the Building at any time for reasons of building security. Tenant shall not allow its visitors to wait or loiter in the corridors or common areas. All visitors must be escorted by an employee of the Tenant at all times. Landlord
may require identification of persons entering and leaving the Building and, for this purpose, may issue Building passes to tenants of the Building. Landlord shall not be liable to any person (including, without limitation, Tenant) for excluding any
person from the Building or for admission of any person to the Building at any time, or for damage, loss or theft resulting therefrom. Landlord reserves the right to expel or exclude from the Building any person who, in the judgment of Landlord, is
intoxicated or under the influence of liquor or drugs, or who shall in any manner do any act in violation of any of the rules and regulations of the Building. All doors which are normally locked in and around the Building shall be left locked by
Tenant when the Premises are not in use. Corridor doors with a lockset shall not be left open at any time. Before leaving the Premises unattended, Tenant shall close and lock all doors and turn off the lights where applicable. 

 

	8.	 Pass Key: The janitor of the Building may at all times have available a pass key to the Premises, and
the janitor and other agents of Landlord shall at all times be allowed admittance to the Premises. Unless explicitly permitted by the Lease, Tenant shall not employ any person other than Landlord’s contractors and employees for the purpose of
cleaning and taking care of the Premises. Landlord shall not be responsible for any loss, theft, disappearance of or damage to, any property, however occurring, except to the extent caused by Landlord’s gross negligence or willful misconduct.

  

	9.	 Locks and Keys for Premises: No additional lock or locks shall be placed by Tenant on any door in the
Building and no existing lock shall be changed unless the written consent of Landlord shall first have been obtained. A reasonable number of keys to the Premises and to the toilet rooms, if locked by Landlord, will be furnished by Landlord, and
Tenant shall not have any duplicate keys made. Landlord may also furnish to Tenant, at 

	 	
Tenant’s expense, a reasonable number of card keys or building passes permitting access and egress to and from the Building and elevators within the Building. The distribution and use of
such card keys and passes by Tenant and its employees shall be subject at all times to such additional rules as Landlord may promulgate from time to time. At the termination of this Lease, Tenant shall promptly return to Landlord all keys, card keys
and building passes to the Building, offices, toilet rooms, and parking facilities. Tenant shall promptly report to Landlord the loss or theft of any key, card key or building pass. Requests for additional keys, access cards, or building passes
shall be honored by the Landlord and shall be charged to the Tenant. 

  

	10.	 Signs: Signs on Tenant’s entrance door may be provided for Tenant by Landlord at Tenant’s
expense. No advertisement, sign or other notice shall be inscribed, painted or affixed on any part of the outside or inside of the Building, except upon the interior doors as permitted by Landlord, which advertisement, signs or other notices shall
be of Building standard order, size and style, and at such places as shall be designated by Landlord. In addition, Landlord may but shall not be obligated to provide in the lobby of the Building, at Landlord’s expense, a building directory
which shall include Tenant’s name. 

  

	11.	 Use of Water Fixtures: Water closets and other water fixtures shall not be used for any purpose other
than for which the same are intended and no obstructing or improper substance shall be thrown, deposited or disposed of therein. Any damage resulting to the same from misuse on the part of Tenant shall be paid for by Tenant. No person shall waste
water by tying back or wedging the faucets or in any other manner. 

  

	12.	 No Animals, Excessive Noise: No birds, fish, or other animals (other than disability assistance animals)
shall be allowed in the Building. No person shall disturb the tenants of this or adjoining buildings or space by the use of any radio, musical instrument or singing, or by the making of loud or improper noises. 

 

	13.	 Bicycles: Bicycles or other vehicles shall not be permitted anywhere inside or on the sidewalks outside
of the Building, except in those areas, if any, designated by Landlord as bicycle parking. 

  

	14.	 Trash: Tenant shall not allow anything to be placed on the outside of the Building, nor shall anything
be thrown by Tenant out of the windows or doors, or down the corridors, elevator shafts, or ventilating ducts or shafts of the Building. All trash shall be placed in receptacles provided by Tenant on the Premises or in any receptacles provided by
Landlord for the Building. Tenant will separate recyclable materials from other trash in accordance with Landlord’s instructions. Tenant shall adhere to the Building recycling program. No materials or items shall be placed in the recycling
centers unless authorized and instructed by the Landlord. 

	15.	 Windows and Entrance Doors: Window shades, blinds or curtains of a uniform Building standard color and
pattern only shall be used for the exterior glass of the Building to give uniform color exposure through exterior windows. No awnings, blinds, shades or screens shall be attached to or hung in, or used in connection with any window or door of the
Premises without the prior written consent of Landlord, including approval by Landlord of the quality, type, design, color and manner of attachment. Tenant entrance doors shall be kept closed at all times in accordance with the fire code.

  

	16.	 Hazardous Operations and Items: Tenant shall not install or operate any steam or gas engine or boiler,
or carry on any mechanical business in the Premises without Landlord’s prior written consent, which consent may be withheld in Landlord’s absolute discretion. The use of oil, gas or inflammable liquids for heating, lighting or any other
purpose is expressly prohibited. No flammable, combustible or toxic fluid or substance and no explosives, firearms, or other articles deemed extra hazardous shall be brought into the Building. Tenant shall not cause or permit any gas, liquids or
odors to be produced upon or emanate from the Premises. 

  

	17.	 Hours for Repairs, Maintenance and Alterations: Any repairs, maintenance and alterations required or
permitted to be done by Tenant under the Lease shall be done only during the Business Hours of the Building unless Landlord shall have first consented in writing to such work being done outside of such times. If Tenant desires to have such work done
by Landlord’s employees on Saturdays, Sundays, Holidays or weekdays outside of Business Hours, Tenant shall pay the extra cost of such labor. 

  

	18.	 No Defacing of Premises: Except as permitted by Landlord, Tenant shall not mark upon, cut, drill into,
drive nails or screws into, or in any way deface the doors, walls, ceilings, or floors of the Premises or of the Building, nor shall any connection be made to the electric wires or electric fixtures without the consent in writing on each occasion of
Landlord or its agents, and any defacement, damage or injury caused by Tenant shall be paid for by Tenant. 

  

	19.	 Limit on Equipment: Tenant shall not, without Landlord’s prior written consent, which consent shall
not unreasonably be withheld, install or operate any new (i.e., after the Commencement Date) computer, duplicating or other large business machines or equipment, using more than 110 volts, 15 continuous load amps upon the Premises. If Tenant
requires any interior wiring such as for a business machine, intercom, printing equipment or copying equipment, such wiring shall be done only by Landlord’s electrician for the Building and at Tenant’s expense. No electrical wiring shall
be performed by any person unless previously approved in writing by Landlord or its representatives. Any degradation to the level of electric power quality, (i.e., harmonics, noise, spikes), in the Building, caused by Tenant equipment, or any Tenant
equipment affected by the level of power quality in the Building shall be remediated by the Tenant. Any use of power strips shall comply with all code regulations with respect to length and type of service. If telegraphic or telephonic service is
desired, the wiring for same shall be done as directed by the electrician of the Building or by some other employee of Landlord who may be instructed by the manager of the Building to supervise same, and no boring or cutting for wiring shall be done
unless approved by Landlord or its representatives, as stated. 

	20.	 Solicitation, Food and Beverages: Landlord reserves the right to restrict, control or prohibit
canvassing, soliciting and peddling within the Building. Tenant shall not grant any concessions, licenses or permission for the sale or taking of orders for food, alcoholic beverages, services or merchandise in the Premises, nor install or permit
the installation or use of any machine or equipment for dispensing goods or foods or beverages in the Building, nor permit machine or equipment for dispensing goods or foods or beverages in the Building, nor permit the preparation, serving,
distribution or delivery of food or beverages in the Premises without the approval of Landlord and in compliance with arrangements prescribed by Landlord. Only persons approved in writing by Landlord shall be permitted to serve, distribute, or
deliver food and beverages within the Building, or to use the elevators or public areas of the Building for that purpose. 

  

	21.	 Balconies and Roof: Landlord shall have access to all balconies and the roof during all hours even when
such access requires Landlord to pass through the Premises or window openings. Tenant shall not use or occupy the balconies or the roof or any part thereof for any purpose whatsoever. 

 

	22.	 Smoke Free Building: If the Building is a smoke free building the Tenant shall not permit any of its
employees, agents contractors, subcontractors, invitees, guests, or visitors to smoke in the Premises or the Building. 

  

	23.	 Emergency Plans: Tenant shall support and assist the Landlord in the development and maintenance of
emergency action plans, including assigning floor wardens and participating in fire drills. 

  

	24.	 Loading Docks: Tenant shall have the non-exclusive right to use
the loading dock and related facilities for deliveries and moving upon prior coordination with, and approval of, Landlord which approval shall not be unreasonably withheld or delayed.

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