Document:

Exhibit

Exhibit 10.3

FIRST AMENDMENT TO TERM LOAN AGREEMENT

This First Amendment to Term Loan Agreement (this “Amendment”) is made as of May 4, 2020, among RETAIL PROPERTIES OF AMERICA, INC., a corporation organized under the laws of the State of Maryland (the “Borrower”), KEYBANK NATIONAL ASSOCIATION, a national banking association, as administrative agent (the “Administrative Agent”) and each of the Lenders (as defined in the Loan Agreement referenced in the recitals below) party hereto.
W I T N E S S E T H:
WHEREAS, Borrower, Administrative Agent and the Lenders have entered into a certain Term Loan Agreement dated as of July 17, 2019 (as may be amended, restated, supplemented or otherwise modified from time to time, collectively, the “Loan Agreement”) wherein the Lenders agreed to provide term loans to Borrower in the aggregate initial principal amount of $270,000,000, evidenced by those certain Notes (as defined in the Loan Agreement, collectively, the “Note”) made by Borrower in favor of each Lender; and
WHEREAS, Borrower, Administrative Agent and the Lenders have agreed to amend the Loan Agreement as set forth herein;
NOW, THEREFORE, the parties hereto agree as follows:
1.Defined Terms; References.  Unless otherwise specifically defined herein, each term used herein that is defined in the Loan Agreement has the meaning assigned to such term in the Loan Agreement. Each reference to “hereof”, “hereunder”, “herein” and “hereby” and each other similar reference and each reference to “this Amendment” and each other similar reference contained in the Loan Agreement and other Loan Documents shall, after this Amendment becomes effective, refer to the Loan Agreement as amended hereby.
2.    Amendment to Loan Agreement.  Article I of the Loan Agreement is hereby amended to delete the defined term “Unencumbered Interest Coverage Ratio”, and to insert the following definition in place thereof:
“Unencumbered Interest Coverage Ratio” means, as of any date, the aggregate Unencumbered Pool Property NOI as of such date divided by the Unsecured Interest Expense for the most recent four (4) fiscal quarters for which financial results have been reported.” 
3.    Conditions Precedent.  This Amendment shall not be effective until each of the following conditions precedent has been fulfilled:
(a)    The Administrative Agent shall have received each of the following, in form and substance satisfactory to the Administrative Agent:
(i)    counterparts of this Amendment executed by the Administrative Agent, the Borrower and the Required Lenders;

(ii)    a Compliance Certificate dated as of the date hereof for the Borrower’s fiscal quarter ending March 31, 2020, signed by the chief executive officer, chief financial officer or treasurer of the Borrower;
(iii)    a certificate signed by an officer of the Borrower, setting forth in reasonable detail the calculation of the Unencumbered Pool Value as of the date hereof; 
(iv)    a certificate, signed by an officer of the Borrower, stating that on the date hereof and after giving effect to the transactions contemplated by the Amendment (i) no Default or Unmatured Default has occurred and is continuing and (ii) all representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party are true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty is true and correct in all respects) on and as of the date hereof with the same force and effect as if made on and as of the date hereof except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties were true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty was true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances not prohibited under the Loan Agreement or the other Loan Documents, provided that such certificate is in fact true and correct; 
(v)    evidence that all fees, expenses and reimbursement amounts due and payable to the Administrative Agent and any of the Lenders, including, without limitation, the fees and expenses of counsel to the Administrative Agent, have been paid; 
(vi)    all information requested by the Administrative Agent and each Lender in order to comply with applicable “know your customer” and anti-money laundering rules and regulations, including without limitation, the Patriot Act; and
(vii)    such other documents, instruments and agreements as the Administrative Agent may reasonably request.
		
	(b)
	In the good faith and reasonable judgment of the Administrative Agent:

(i)    there shall not have occurred or become known to the Administrative Agent or any of the Lenders any event, condition, situation or status since the date of the information contained in the financial and business projections, budgets, pro forma data and forecasts concerning the Borrower most recently delivered to the Administrative Agent and the Lenders prior to the date hereof that has had or could reasonably be expected to result in a Material Adverse Effect;
(ii)    no litigation, action, suit, investigation or other arbitral, administrative or judicial proceeding shall be pending or threatened in writing which could reasonably be expected to (A) result in a Material Adverse Effect or (B) restrain or enjoin, impose materially 

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burdensome conditions on, or otherwise materially and adversely affect, the ability of the Borrower to fulfill its obligations under this Amendment and the Loan Documents to which it is a party; and
(iii)    the Borrower shall have received all approvals, consents and waivers, and shall have made or given all necessary filings and notices as shall be required to consummate the transactions contemplated hereby without the occurrence of any default under, conflict with or violation of (A) any applicable law or (B) any material agreement, document or instrument to which the Borrower is a party or by which it or its respective properties is bound.
4.    Representations and Warranties, Etc.  
(a)    Authorization. The Borrower has the right and power, and has taken all necessary action to authorize it, to execute and deliver this Amendment and to perform its obligations hereunder and under the Loan Agreement, as amended by this Amendment, in accordance with their respective terms. This Amendment has been duly executed and delivered by a duly authorized officer of the Borrower and each of this Amendment and the Loan Agreement, as amended by this Amendment, is a legal, valid and binding obligation of the Borrower enforceable against the Borrower in accordance with its respective terms except as the same may be limited by bankruptcy, insolvency, and other similar laws affecting the rights of creditors generally and the availability of equitable remedies for the enforcement of certain obligations contained herein or therein and as may be limited by equitable principles generally.
(b)    Compliance with Laws, etc. The execution and delivery by the Borrower of this Amendment and the performance by the Borrower of this Amendment and the Loan Agreement, as amended by this Amendment, in accordance with their respective terms, do not and will not, by the passage of time, the giving of notice or otherwise: (i) require any Governmental Approval or violate any Applicable Law (including Environmental Laws) relating to the Borrower or any other Loan Party; (ii) conflict with, result in a breach of or constitute a default under (1) the organizational documents of the Borrower or any other Loan Party, or (2) any indenture, agreement or other instrument to which the Borrower or any other Loan Party is a party or by which it or any of its respective properties may be bound, but only if and in the event that the violation of such indenture, agreement or other instrument could reasonably be expected to have a Material Adverse Effect; or (iii) result in or require the creation or imposition of any Lien upon or with respect to any property now owned or hereafter acquired by the Borrower or any other Loan Party, other than in favor of the Administrative Agent for its benefit and the benefit of the Lenders.
(c)    No Default. No Default or Unmatured Default has occurred and is continuing as of the date hereof or will exist immediately after giving effect to this Amendment.
5.    Reaffirmation of Representations by Borrower. The Borrower hereby reaffirms that the representations and warranties made or deemed made by the Borrower and each other Loan Party in the Loan Documents to which any of them is a party are true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty is true and correct in all respects) on and as of the date hereof with 

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the same force and effect as if made on and as of the date hereof except to the extent that such representations and warranties expressly relate solely to an earlier date (in which case such representations and warranties were true and correct in all material respects (except in the case of a representation or warranty qualified by materiality, in which case such representation or warranty was true and correct in all respects) on and as of such earlier date) and except for changes in factual circumstances not prohibited under the Loan Agreement or the other Loan Documents
6.    Certain References. Each reference to the Loan Agreement in any of the Loan Documents shall be deemed to be a reference to the Loan Agreement as amended by this Amendment.  This Amendment shall constitute a Loan Document.
7.    Fees and Expenses.  The Borrower shall reimburse the Administrative Agent upon demand for all reasonable out-of-pocket costs and expenses (including reasonable attorneys’ fees) incurred by the Administrative Agent in connection with the preparation, negotiation and execution of this Amendment and the other agreements and documents executed and delivered in connection herewith.  The Borrower shall pay to the Administrative Agent in immediately available funds, for the benefit of each Lender that has delivered an executed signature page to this Amendment on or prior to 5:00 p.m. New York time on the date hereof (each a “Signing Lender”), a fee in an amount equal to $5,000 for each such Signing Lender, which such fee shall be fully earned and payable on the date hereof and non-refundable for any reason; provided no Signing Lender shall receive more than one Signing Fee in respect of amendments similar to those set forth herein delivered in respect of the Borrower’s other senior credit facilities.
8.    Benefits.  This Amendment shall be binding upon and shall inure to the benefit of the parties hereto and their respective successors and assigns.
9.    Governing Law.  THIS AMENDMENT SHALL BE CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS (AND NOT THE LAW OF CONFLICTS) OF THE STATE OF ILLINOIS, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS.
10.    Effect. Except as expressly herein amended, the terms and conditions of the Loan Agreement and the other Loan Documents remain in full force and effect. The amendments contained herein shall be deemed to have prospective application only from the date as of which this Amendment is dated, unless otherwise specifically stated herein.
11.    Counterparts. This Amendment may be executed in any number of counterparts, each of which shall be deemed to be an original and shall be binding upon all parties, their successors and assigns.  Signatures hereto delivered by facsimile transmission, emailed .pdf file or other similar forms of electronic transmission, and by any generally accepted electronic, remote signature format, shall be deemed original signatures, which hereby may be relied upon by all parties and shall be binding on the respect signor.
 [SIGNATURES ON FOLLOWING PAGES]

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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed as of the date first above written.
	
				
	 
	BORROWER:
	 

	 
	 
	 
	 

	 
	RETAIL PROPERTIES OF AMERICA, INC.
	 

	 
	 
	 
	 

	 
	By:
	/s/ JULIE M. SWINEHART
	 

	 
	Name:
	Julie M. Swinehart
	 

	 
	Title:
	Executive Vice President, Chief
	 

	 
	 
	Financial Officer and Treasurer
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	ADMINISTRATIVE AGENT AND LENDERS:

	 
	 
	 
	 

	 
	KEYBANK NATIONAL ASSOCIATION, as
	 

	 
	Administrative Agent and as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ KRISTIN CENTRACCHIO
	 

	 
	 
	Print Name: Kristin Centracchio
	 

	 
	 
	Title: Vice President
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	PNC BANK, NATIONAL ASSOCIATION, as a Lender

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ LAURA AUWERDA
	 

	 
	 
	Print Name: Laura Auwerda
	 

	 
	 
	Title: EVP - Regional Manager
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	TD BANK, N.A., as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ RORY DESMOND
	 

	 
	 
	Print Name: Rory Desmond
	 

	 
	 
	Title: Vice President
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	REGIONS BANK, as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ WILLIAM CHALMERS
	 

	 
	 
	Print Name: William Chalmers
	 

	 
	 
	Title: Assistant Vice President
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	TRUIST BANK, f/k/a Branch Banking and
	 

	 
	Trust Company, as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ KAREN CADIENTE
	 

	 
	 
	Print Name: Karen Cadiente
	 

	 
	 
	Title: Assistant Vice President
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	WELLS FARGO BANK, NATIONAL ASSOCIATION,

	 
	as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ SCOTT S. SOLIS
	 

	 
	 
	Print Name: Scott S. Solis
	 

	 
	 
	Title: Managing Director
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	U.S. BANK NATIONAL ASSOCIATION, as a Lender

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ DONALD J. PAFFORD
	 

	 
	 
	Name: Donald J. Pafford
	 

	 
	 
	Title: Senior Vice President
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	BANK OF AMERICA, N.A., as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ HELEN CHAN
	 

	 
	 
	Print Name: Helen Chan
	 

	 
	 
	Title: Vice President
	 

Signature Page to First Amendment to Term Loan Agreement

	
				
	 
	THE BANK OF NOVA SCOTIA, as a Lender
	 

	 
	 
	 
	 

	 
	 
	 
	 

	 
	By:
	/s/ AJIT GOSWAMI
	 

	 
	 
	Print Name: Ajit Goswami
	 

	 
	 
	Title: Managing Director & Industry Head

Signature Page to First Amendment to Term Loan AgreementExhibit 10.1

     

   
   

     

   
  
    
      TRUIST BANK

      SUNTRUST ROBINSON

      HUMPHREY, INC.

        3333 Peachtree Road, NE

      Atlanta, Georgia 30326

    

    

    

    

    

     

    CONFIDENTIAL

     

    April 30, 2020

     

    

    

    Molina Healthcare, Inc.

    200 Oceangate, Suite 100

    Long Beach, California 90802-4137

    Attention: Mark Keim, Executive Vice President

     

    

    

     

    Molina Healthcare, Inc.

      $400.0 Million Senior Bridge Facility

    Commitment Letter

     

    

    

    Ladies and Gentlemen:

     

    You have advised Truist Bank and SunTrust Robinson Humphrey, Inc. (“STRH”,
      and together with Truist Bank, “SunTrust”,  the “Commitment Parties”, “we” or “us”) that Molina Healthcare, Inc., a Delaware corporation (the “Borrower”
      or “you”), seeks financing in connection with the Transactions described in the Transaction Description attached hereto as Annex E (the “Transaction Description”). Each capitalized term used but not defined herein has the meaning assigned to it in the 364-day
      Bridge Term Sheet referred to below in Annex A hereto, or the High Yield Bridge Term Sheet referred to below in Annex
          B hereto or the Transaction Description.  This letter, including the 364-day Bridge Term Sheet, the High Yield Bridge Term Sheet, the Conditions Annex attached hereto as Annex
          C (the “Conditions Annex”) and the Transaction Description, is hereinafter referred to as the “Commitment
          Letter”.

     

    1.            Commitment.

     

    Upon the terms set forth in this Commitment Letter and subject solely to the applicable conditions set forth in the Conditions Annex,
      Truist Bank (the “Initial Lender”) is pleased to advise you of its commitment to provide to the Borrower the aggregate principal amount of the 364-Day Bridge Facility set forth
      opposite its name on Schedule A hereto (the “364-Day Bridge Commitment”), on the terms set forth in this Commitment Letter and the 364-Day Bridge Term Sheet attached hereto (the
      “364-Day Bridge Term Sheet”).  If on or prior to a date 30 days from the date hereof an amendment to the Existing Credit Agreement permitting the entry into and the borrowings
      under the 364-Day Bridge Facility has not been entered into (the “Credit Facility Amendment”), the 364-Day Bridge Commitment shall automatically become a commitment to provide a
      High Yield Bridge Facility and the amount of such commitment by the Initial Lender shall be set forth opposite its name on Schedule A hereto (the “High Yield Bridge Commitment”
      and together with the 364-Day Bridge Commitment, the “Commitment”), on the terms set forth in this Commitment Letter and the High Yield Bridge Term Sheet attached hereto (the “High Yield Bridge Term Sheet” and together with the 364-Day Bridge Term Sheet, the “Term Sheets”).

     

    
      
        

    

    
     

    

    2.            Titles and Roles.

     

    STRH acting alone or through or with affiliates selected by it, will act as the sole bookrunner and sole lead arranger (in such
      capacities, the “Lead Arranger”) (and in the event that the commitments hereunder are syndicated to additional financial institutions, STRH shall be lead left) in arranging and
      syndicating the 364-Day Bridge Facility or, as the case may be, the High Yield Bridge Facility (collectively, the “Facilities” and each a “Facility”). Truist Bank (or an affiliate selected by it) will act as the sole administrative agent (in such capacity, the “Administrative Agent”)
      for each applicable Facility. It is understood and agreed that SunTrust will have the “left” and “highest” placement in any and all marketing materials or other documentation used in connection with each applicable Facility and shall hold the leading
      role and responsibilities conventionally associated with such placement, including maintaining sole physical books for each applicable Facility.

     

    You may, on or prior to the 30th day after the date of your acceptance hereof, appoint additional lead arrangers, bookrunners,
      managers, agents or co-agents in respect of any of the Facilities or confer other titles in respect of any such Facility (each such person, an “Additional Arranger”) and you may
      allocate up to 60 % in the aggregate of the commitments and corresponding compensatory economics with respect to the applicable Facility to such Additional Arrangers (it being agreed that (w) each such Additional Arranger (or its
      affiliate) shall assume a proportion of the commitments with respect to such Facility that is equal to the proportion of the economics allocated to such Additional Arranger (or its affiliate) in respect of such Facility, (x) the commitment amounts
      of, and the economics allocated to, the Commitment Parties party hereto immediately prior to such appointment in respect of the applicable Facility will be proportionately reduced by the commitment amounts of, and economics allocated to, each such
      Additional Arranger (or its affiliate), in each case upon the execution and delivery by such Additional Arranger (or its affiliate) of customary joinder documentation (which may be in the form of an amendment and restatement of this Commitment
      Letter), (y) SunTrust shall retain not less than 40 % of the aggregate economics in respect of the applicable Facility (exclusive of fees paid to Truist Bank in its capacity as administrative agent, which fees shall be retained by Truist
      Bank in its entirety) and (z) no Additional Arranger together with its affiliates shall receive greater economics in respect of any Facility than those received by SunTrust and, thereafter, each such Additional Arranger (and its affiliate) shall
      constitute a “Commitment Party” and “Lead Arranger” and an “Initial Lender” under this Commitment Letter and under the Fee Letter referred to below.  Except as provided above, you agree that no additional agents, co-agents, arrangers or bookrunners
      will be appointed and no other titles will be awarded and no other compensation will be paid (other than compensation expressly contemplated by this Commitment Letter and the Fee Letter referred to below) unless you and SunTrust shall agree in
      writing.

     

    
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    3.            Conditions to Commitment.

     

    Our commitments hereunder with respect to the 364-Day Bridge Facility or, as the case may be, the High Yield Bridge Facility and our
      agreements to perform the services described herein are subject solely to satisfaction of each of the following conditions: (a) the negotiation, execution and delivery of definitive documentation for the applicable Facility consistent in all respects
      with the applicable Term Sheet and with such additional terms as are mutually agreed upon by the Commitment Parties and the Borrower and (b) the satisfaction (or waiver by the Initial Lender) of the applicable conditions set forth in each applicable
      Term Sheet and the Conditions Annex.

     

    Notwithstanding anything to the contrary in this Commitment Letter (including each of the exhibits attached hereto), the Fee Letter, the
      Bridge Loan Documentation or any other letter agreement or other undertaking concerning the financing of the Transactions to the contrary, (i) the only representations and warranties relating to the Borrower, Magellan Health, Inc., a Delaware
      corporation (the “Target”), its and their respective subsidiaries and its and their respective businesses the making and accuracy of which will be a condition to the availability
      of the applicable Facility on the Closing Date shall be (A) such of the representations and warranties made by, or with respect to, the Borrower and the Target and its subsidiaries in the Acquisition Agreement as are material to the interests of the
      Lenders, but only to the extent that you (or your affiliates) have the right to terminate your (or their) obligations under the Acquisition Agreement or not be obligated to consummate the Acquisition as a result of a breach of such representations
      and warranties in the Acquisition Agreement (to such extent, the “Specified Acquisition Agreement Representations”) and (B) the Specified Representations (as defined below) made
      by the Borrower and the Guarantors in the Bridge Loan Documentation and (ii) the terms of the Bridge Loan Documentation shall be in a form such that they do not impair the availability of the applicable Facility on the Closing Date if the conditions
      set forth in (x) in the case of the 364-Day Bridge Facility, the section entitled “Conditions Precedent to Borrowings under the 364-Day Bridge Loan Documentation” in Annex A,
      (y) in the case of the High Yield Bridge Facility, the conditions set forth in the section entitled “Conditions precedent to Borrowings under the High Yield Bridge Loan Documentation” in Annex
          B are satisfied and (z) the applicable conditions set forth in the Conditions Annex.

     

    For purposes hereof, “Specified Representations” means the
      representations and warranties of the Borrower and the Guarantors to be set forth in the Bridge Loan Documentation relating to organizational status of the Borrower and the Guarantors; power and authority and due authorization, execution and delivery
      and enforceability, in each case related to, the entering into, the borrowing under, guaranteeing under, performance of the Bridge Loan Documentation; the incurrence of the loans to be made under the applicable Facility and the performance of the
      Bridge Loan Documentation and the provision of the Guarantees, in each case under the Bridge Loan Documentation, do not conflict with the organizational documents of the Borrower or any Guarantor or conflict with the outstanding debt documentation of
      the Borrower and its subsidiaries; solvency (solvency to be defined in a manner consistent with the manner in which solvency is determined in the solvency certificate to be delivered pursuant to paragraph 5(b) of Section I of Annex C hereto) as of the Closing Date (after giving effect to the Transactions) of the Borrower and its subsidiaries on a consolidated basis; the making of the loans and the use of
      proceeds thereof not violating Federal Reserve margin regulations or the Investment Company Act; and compliance with the PATRIOT ACT, FCPA, OFAC or other applicable anti-terrorism Laws. This paragraph, and the provisions herein, shall be referred to
      as the “Certain Funds Provisions”.

     

    
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    4.            Syndication.

     

    The Lead Arranger may syndicate, prior to and/or after the execution of the applicable Bridge Loan Documentation (as defined in the
      applicable Term Sheet), all or a portion of the loans and commitments to one or more other banks, financial institutions and other entities reasonably acceptable to you (such banks, financial institutions and other entities committing to such
      Facility, the “Lenders”) pursuant to a syndication managed by the Lead Arranger (the “Syndication Process”)
      on the terms set forth in this Commitment Letter and in the Fee Letter.  The Lead Arranger will commence the Syndication Process promptly after your acceptance of this Commitment Letter and the Fee Letter.  The Lead Arranger will, in consultation
      with you (and subject, in any event, to your consent with respect to the identity of the Lenders (as noted above), the awarding of any titles, and the allocations of any lending commitments), control all aspects of the Syndication Process, including
      the timing and selection of prospective Lenders, the awarding of any titles, the determination of allocations and the amount of any fees.  You agree that no Lender will be permitted to receive compensation of any kind for its participation in the
      applicable Facility, except as expressly provided for in this Commitment Letter or the Fee Letter, without the prior written consent of the Lead Arranger (which
        consent shall not be unreasonably withheld, conditioned or delayed).

     

    Until the earlier of (x) the date that a Successful Syndication (as defined in the Fee Letter) is achieved and (y) 60 calendar days
      following the Closing Date (the “Syndication Date”), you agree to (i) provide promptly to the Commitment Parties and the other Lenders upon request all information reasonably
      requested by the Lead Arranger to assist the Lead Arranger to complete the syndication, (ii) make your senior management available to prospective Lenders on reasonable prior notice and at reasonable times and places, (iii) host, with the Lead
      Arranger, one or more meetings with prospective Lenders at mutually agreed times and locations (and to the extent necessary, one or more conference calls with prospective Lenders in addition to any such meeting), (iv) assist, and cause your
      affiliates and advisors to assist, the Lead Arranger in the preparation of one or more customary confidential information memoranda and other customary marketing materials in form and substance reasonably satisfactory to the Lead Arranger to be used
      in connection with the syndication, (v) use commercially reasonable efforts to ensure that the syndication efforts of the Lead Arranger benefit materially from the
        existing lending relationships of the Borrower (including its affiliates), (vi) use commercially reasonable efforts to obtain, at the Borrower’s expense, (A) a current public corporate credit rating from Standard & Poor’s Financial Services
        LLC, a subsidiary of S&P Global Inc. (“S&P”), (B) a
        current public corporate family rating from Moody’s Investors Service, Inc. (“Moody’s”) and (C) a current public rating with respect to the High Yield Bridge Facility, if applicable, from each of S&P and Moody’s,
        in each case, as soon as practicable and prior to the launch of general syndication of the applicable Facility, and to participate actively in the process of
        securing such ratings, including having your senior management meet with such rating agencies and (vii) ensure that prior to the later of the Closing Date
        with respect to the applicable Facility and the Syndication Date there will be no competing issues, offerings, placements, arrangements or syndications of debt or equity securities or commercial bank or other credit facilities by or on behalf of
        you or your subsidiaries, being offered, placed or arranged (other than the applicable Facility) without the written consent of SunTrust, unless such
      issuance, offering, placement, arrangement or syndication could not reasonably be expected to materially impair the syndication of the applicable Facility (it being understood that indebtedness incurred in the ordinary course of business of the
      Borrower and its subsidiaries for capital expenditures and working capital purposes will not materially impair the syndication of the Facilities).  For the avoidance of doubt, you will not be required to provide any information to the extent that the
      provision thereof would violate any attorney-client privilege, law, rule or regulation, or any obligation of confidentiality from a third party binding on you, the Target (solely with respect to the assets acquired pursuant to the Acquisition
      Agreement) or any of your or its respective affiliates (so long as such confidentiality obligation was not entered into in contemplation of the Transactions); provided that you
      shall use commercially reasonable efforts to obtain the relevant consents under such obligations of confidentiality to allow for the provision of such information to the extent reasonably requested by SunTrust; provided, further, that you will inform the SunTrust, in advance and to the extent legally permitted, that you are withholding any
      information pursuant to the foregoing. The foregoing shall not apply to any upsize, amendment, restatement, amendment and restatement, supplement or other modification
        of the Existing Credit Agreement (as defined below) made in connection with the Transactions.

     

    
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    5.            Information.

     

    You represent, warrant (but qualified to the best of your knowledge insofar as relating to the Target and its subsidiaries or its or their
      assets) and covenant that (i) all written information and written data (other than the Projections, as defined below, other forward-looking information and information of a general economic or general industry nature) concerning the Borrower, the
      Target and each of their respective subsidiaries and the Transactions that has been or will be made available to the Commitment Parties or the Lenders by you or any of your representatives, subsidiaries or affiliates (or on your behalf) (the “Information”), when taken as a whole, (x) is, and in the case of Information made available after the date hereof, will be complete and correct in all material respects and (y) does
      not, and in the case of Information made available after the date hereof, will not contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements contained therein, in the light of the
      circumstances under which they were made, not materially misleading, as supplemented and updated from time to time, and (ii) all financial projections concerning the Borrower and its subsidiaries or the Acquired Assets, taking into account the
      consummation of the Transactions, that have been or will be made available to any of the Commitment Parties or the Lenders by you or any of your representatives, subsidiaries or affiliates (or on your behalf) (the “Projections”) have been and will be prepared in good faith with a reasonable basis for the assumptions and the conclusions reached therein and on a basis consistent with the Borrower’s and the Target’s
      historical financial data  (in the case of the Target, solely as it relates to the Acquired Assets) (it being understood that (w) the Projections are as to future events and are not to be viewed as facts, (x) the Projections are subject to
      significant uncertainties and contingencies, many of which are beyond your control, (y) no assurance can be given that any particular Projections will be realized and (z) actual results during the period or periods covered by any such Projections may
      differ significantly from the projected results and such differences may be material). You agree that if, at any time prior to the later of the Closing Date and the Syndication Date, you become aware that any of the representations and warranties
      contained in the preceding sentence would be incorrect in any material respect if the Information and Projections were being furnished, and such representations were being made, at such time, then you will promptly supplement the Information and the
      Projections so that such representations are correct in all material respects under those circumstances, it being understood in each case that such supplementation shall cure any breach of such representations and warranties. We will be entitled to
      use and rely upon, without responsibility to verify independently, the Information and the Projections. You acknowledge that we may share with any of our affiliates, and such affiliates may share with the Commitment Parties, any information related
      to you, the Target or any of your or its subsidiaries or your or its affiliates (including, without limitation, in each case, information relating to creditworthiness) and the Transactions. For the avoidance of doubt, the accuracy of the foregoing
      representations and warranties, in and of itself, shall not be a condition to the obligations of the Initial Lender hereunder or the funding of the applicable Facility.

     

    
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    You acknowledge that (i) the Commitment Parties will make available, on your behalf, the Information, Projections and other marketing
      materials and presentations (collectively, the “Informational Materials”) to the potential Lenders by posting the Informational Materials on SyndTrak Online or by other similar
      electronic means (collectively, the “Electronic Means”) and (ii) certain prospective Lenders may be “public side” (i.e., lenders that have personnel that do not wish to receive
      material non-public information (within the meaning of the United States federal and state securities laws, “MNPI”) with respect to the Borrower or your subsidiaries or
      affiliates or any of your securities, and who may be engaged in investment and other market-related activities with respect to such entities’ securities (such Lenders, “Public Lenders”).
      At the request of the Lead Arranger, (A) you will assist, and cause your affiliates or advisors to assist, the Lead Arranger in the preparation of Informational
        Materials to be used in connection with the syndication of the 364-Day Bridge Facility or, as the case may be, the High Yield Bridge Facility to Public
        Lenders, which will not contain MNPI (the “Public Informational Materials”) and (B) at the request of the Lead Arranger you will identify and conspicuously mark any Public Informational Materials “PUBLIC”. Notwithstanding the foregoing, you agree that the Commitment Parties may distribute the following documents to all prospective Lenders (including the Public Lenders) on
        your behalf, unless you advise the Commitment Parties in writing (including by email) within a reasonable time prior to their intended distributions that such material should not be distributed to Public Lenders: (w) administrative materials for
        prospective Lenders such as lender meeting invitations and funding and closing memoranda, (x) notifications of changes in the terms of each Facility, (y) historical financial information regarding the Borrower, the Target and their respective
        subsidiaries (other than the Projections) and (z) drafts and final versions of the Bridge Term Sheet and the Bridge Loan Documentation. If you advise us in writing (including by email) that any of the foregoing items (other than the Bridge Loan
        Documentation) should not be distributed to Public Lenders, then the Commitment Parties will not distribute such materials to Public Lenders without your consent. Before distribution of any Informational Materials to prospective Lenders, you shall
        provide us with a customary letter authorizing the dissemination of the Informational Materials and confirming the accuracy and completeness in all material respects of the information contained therein and, in the case of Public Informational
        Materials, confirming the absence of MNPI therefrom. In addition, the Information Materials shall exculpate you and us and the respective affiliates of the foregoing with respect to any liability related to the use or misuse of the contents of such
        Information Materials or any related offering and marketing materials by the recipients thereof.

     

    Notwithstanding the foregoing, neither the Target nor any of its affiliates shall be required to prepare, create or provide (unless
      previously prepared and available prior to the date of the Acquisition Agreement or otherwise provided to the Borrower) any financial information or financial statements in respect of the Target, any of its affiliates or the Acquired Assets in
      connection with the foregoing.

     

    
      6

      
        

    

     

    

    6.            Indemnification and Expenses.

     

    You agree, whether or not the Closing Date occurs, to reimburse the Commitment Parties for all reasonable out-of-pocket fees and expenses
      (provided that (i) legal fees will be limited to the reasonable and documented out-of-pocket fees, disbursements and other charges of one firm of counsel to all Commitment
      Parties and, to the extent that any guarantors party to the Facilities contemplated hereunder are formed in any jurisdiction other than the jurisdictions of formation of the guarantors currently party to the Existing Credit Agreement (as defined
      below), one local counsel in each relevant jurisdiction) and (ii) in the case of any other advisors or consultants, such expense reimbursement obligations shall be limited solely to advisors or consultants approved by you) incurred in connection with
      any of the Facilities, the syndication thereof and the preparation, negotiation and execution of the Bridge Loan Documentation.

     

    You agree to indemnify and hold harmless the Commitment Parties and each of their respective affiliates and each of their and their
      affiliates respective directors, officers, employees, partners, controlling persons, representatives, advisors and agents and each of their respective heirs, successors and assigns (each, an “Indemnified
          Party”) from and against any and all actions, suits, losses, claims, damages, penalties, liabilities and reasonable and documented out-of-pocket expenses of any kind or nature (including legal expenses), joint or several, to which such
      Indemnified Party may become subject or that may be incurred or asserted or awarded against such Indemnified Party, in each case, arising out of or in connection with or by reason of (including, without limitation, in connection with any
      investigation, litigation or proceeding or preparation of a defense in connection therewith) (a) any matters contemplated by this Commitment Letter, the Transactions or any related transaction (including, without limitation, the execution and
      delivery of this Commitment Letter, the Bridge Loan Documentation, the documentation for any Permanent Financing and the closing of the Transactions) or (b) the use or the contemplated use of the proceeds of the applicable Facility, and will
      reimburse each such Indemnified Party for all out-of-pocket expenses (but limited, in the case of legal fees and expenses, to the reasonable and documented out-of-pocket fees, disbursements and other charges of one counsel to all Indemnified Parties
      (taken as a whole) and, if reasonably necessary, a single local counsel for all Indemnified Parties (taken as a whole) in each relevant jurisdiction and with respect to each relevant specialty, and in the case of an actual or perceived conflict of
      interest, one additional counsel in each relevant jurisdiction to the affected Indemnified Parties similarly situated and taken as a whole) on written demand as they are incurred in connection with any of the foregoing; provided that no Indemnified Party will have any right to indemnification for any of the foregoing to the extent resulting from such Indemnified Party’s own gross negligence, bad faith or willful
      misconduct in each case as determined by a court of competent jurisdiction in a final non-appealable judgment. In the case of an investigation, litigation or proceeding to which the indemnity in this paragraph applies, such indemnity shall be
      effective whether or not such investigation, litigation or proceeding is brought by you, your equity holders or creditors or an Indemnified Party, whether or not an Indemnified Party is otherwise a party thereto and whether or not the transactions
      contemplated hereby are consummated.

     

    
      7

      
        

    

     

    

    You also agree that no Indemnified Party will have any liability (whether direct or indirect, in contract or tort, or otherwise) to you or your affiliates or to your or their respective equityholders or creditors arising out of, related to or in connection with any aspect of the
        Transactions, except to the extent such liability to you is determined in a final, non-appealable judgment by a court of competent jurisdiction to have resulted from such Indemnified Party’s own gross negligence, bad faith or willful misconduct. No
        Indemnified Party will be liable for any indirect, consequential, special or punitive damages in connection with this Commitment Letter, the Fee Letter, the Bridge Loan Documentation or any other element of the Transactions.

     

    No Indemnified Party will be liable to you, your affiliates or any other person for any damages arising from the
      use by others of Informational Materials or other materials obtained by Electronic Means, except to the extent that your damages are found in a final non-appealable judgment by a court of competent jurisdiction to have resulted from the gross
      negligence or willful misconduct of such Indemnified Party.

     

    You shall not, without the prior written consent of each Indemnified Party affected thereby, settle any threatened
      or pending claim or action that would give rise to the right of any Indemnified Party to claim indemnification hereunder unless such settlement (x) includes a full and unconditional release of all liabilities arising out of such claim or action
      against such Indemnified Party, (y) does not include any statement as to or an admission of fault, culpability or failure to act by or on behalf of such Indemnified Party and (z) requires no action on the part of the Indemnified Party other than its
      consent. You shall not be liable for any settlement of any action effected without your consent (which consent shall not be unreasonably withheld, conditioned or delayed), but, if settled with your prior written consent or if there is a judgment in
      any such action, you agree to indemnify and hold harmless each Indemnified Party from and against any and all losses, claims, damages, penalties, liabilities and reasonable and documented out-of-pocket expenses of any kind or nature (including legal
      expenses) incurred by reason of such settlement in accordance with this Section 6.

     

    7.            Fees.

     

    As consideration for the commitments and agreements of the Commitment Parties hereunder, you agree to cause to be paid the fees described
      in this Commitment Letter and in the Fee Letter dated the date hereof and delivered herewith (the “Fee
          Letter”) on the terms and subject to the conditions (including as to timing and amount) set forth herein and therein.

     

    
      8

      
        

    

     

    

    8.            Confidentiality.

     

    This Commitment Letter and the Fee Letter (collectively, the “Commitment
          Documents”) and the existence and contents hereof and thereof are confidential and may not be disclosed, directly or indirectly, by you in whole or in part to any person without our prior written consent, except for disclosure (i)
      hereof or thereof on a confidential and need-to-know basis to your directors, officers, employees, accountants, attorneys and other professional advisors who have been advised of their obligation to maintain the confidentiality of the Commitment
      Documents for the purpose of evaluating, negotiating or entering into the Transactions, (ii) as otherwise required by applicable law, rule or regulation or compulsory legal process or pursuant to a subpoena (in which case, you agree, to the extent
      permitted by law, to inform us promptly in advance thereof), (iii) of this Commitment Letter, but not the Fee Letter, in any required filings with the Securities and Exchange Commission and other applicable regulatory authorities and stock exchanges,
      (iv) of the applicable Term Sheet to any ratings agency in connection with the Transactions, (v) of this Commitment Letter, the Fee Letter and the contents hereof and thereof to the extent necessary to enforce any right under this Commitment Letter
      or the Fee Letter, (vi) of this Commitment Letter and its contents by you, and to the extent portions thereof have been redacted in a customary manner (including the portions thereof addressing fees payable to the Commitment Parties and/or the
      Lenders, pricing caps, economic flex terms and other economic terms), of the Fee Letter and the contents thereof by you, in each case, to the Target, its subsidiaries and directors, officers, employees, accountants, attorneys and other professional
      advisors, on a confidential basis and need to know basis, (and (vii) of the aggregate fee amounts contained in the Fee Letter as part of projections, pro forma information or as part of a generic disclosure of aggregate sources and uses related to
      fee amounts applicable to the Transactions to the extent customary or required in offering and marketing materials for the applicable Facility or in any public release or filing relating to the Transaction. The Commitment Parties shall be permitted
      to use information related to the syndication and arrangement of the applicable Facility (including your name and company logo) in connection with obtaining a CUSIP
        number, marketing, press releases or other transactional announcements or updates provided to investor or trade publications, subject to confidentiality obligations or disclosure restrictions reasonably requested by you. The confidentiality
        provisions of this paragraph with respect to the Borrower (other than with respect to the Fee Letter) shall automatically terminate on the date that is two years from the date of this Commitment Letter.

     

    We agree to use all non-public information provided to us by or on behalf of the Borrower hereunder solely for the purpose of providing
      the services which are the subject of this Commitment Letter and to treat all such information confidentially; provided that nothing herein shall prevent any Commitment Party
      from disclosing any such information (i) to any Lenders or participants or prospective Lenders or participants, (ii) as otherwise required by applicable law, rule or regulation or compulsory legal process or pursuant to a subpoena (in which case, we
      agree, to the extent permitted by law, to inform you promptly in advance thereof), (iii) upon the request or demand of any regulatory authority having jurisdiction over such Commitment Party or its affiliates (in which case such Commitment Party
      shall, except with respect to any audit or examination conducted by bank accountants or any governmental bank regulatory authority exercising examination or regulatory authority, promptly notify you, in advance, to the extent practicably and lawfully
      permitted to do so), (iv) to the employees, legal counsel, independent auditors, professionals and other experts or agents of such Commitment Party who are informed of the confidential nature of such information and are or have been advised of their
      obligation to keep information of this type confidential, (v) to any of its respective affiliates solely in connection with the Transactions, (vi) to the extent necessary to enforce any right under this Commitment Letter or the Fee Letter, (vii) to
      the extent any such information becomes publicly available other than by reason of disclosure by such Commitment Party or its affiliates in breach of this Commitment Letter, (viii) to the extent that such information is received by such Commitment
      Party from a third party that is not to such Commitment Party’s knowledge subject to confidentiality obligations to you, the Borrower or the Target, (ix) to the extent that such information is independently developed by such Commitment Party, (x) to
      ratings agencies in connection with the Transactions and (xi) for purposes of establishing a “due diligence” defense; provided further that the disclosure of any such information to any Lenders or prospective Lenders or participants or prospective participants referred to above shall be made subject to the acknowledgment and acceptance by
      such Lender or prospective Lender or participant or prospective participant that such information is being disseminated on a confidential basis (on substantially the terms set forth in this paragraph or as is otherwise reasonably acceptable to you
      and each Commitment Party, including, without limitation, as agreed in any confidential information memorandum or other marketing materials) in accordance with the standard syndication processes of such Commitment Party or customary market standards
      for dissemination of such type of information. The provisions of this paragraph with respect to the Commitment Parties shall automatically terminate on the earlier of (i) two years following the date of this Commitment Letter and (ii) to the extent
      superseded by the confidentiality provision in the Bridge Loan Documentation upon the effectiveness thereof.

     

    
      9

      
        

    

     

    

    The Commitment Parties hereby notify you that pursuant to the requirements of the USA PATRIOT Act, Title III of Pub. L. 107-56 (signed
      into law October 26, 2001) (the “PATRIOT Act”) and the requirements of 31 C.F.R. § 1010.230 (the “Beneficial
          Ownership Regulation”), each of them is required to obtain, verify and record information that identifies the Borrower and each Guarantor, which information includes your name, address, tax identification number and other information
      that will allow the Commitment Parties and the other Lenders to identify you in accordance with the PATRIOT Act and the Beneficial Ownership Regulation. This notice is given in accordance with the requirements of the PATRIOT Act and the Beneficial
      Ownership Regulation and is effective for each of us and the Lenders.

     

    9.            Other Services.

     

    Nothing contained herein shall limit or preclude the Commitment Parties or any of their affiliates from carrying on any business with,
      providing banking or other financial services to, or from participating in any capacity, including as an equity investor, in any party whatsoever, including, without limitation, the Target or its affiliates, any competitor, supplier or customer of
      you or any of your affiliates, or any other party that may have interests different than or adverse to such parties.

     

    You acknowledge that the Lead Arranger and its affiliates (the term “Lead
          Arranger” as used in this section being understood to include such affiliates) (i) may be providing debt financing, equity capital or other services (including financial advisory services) to other entities and persons with which you
      or your affiliates may have conflicting interests regarding the Transactions and otherwise, including the Target and its affiliates, (ii) may act, without violation of its contractual obligations to you, as it deems appropriate with respect to such
      other entities or persons, and (iii) have no obligation in connection with the Transactions to use, or to furnish to you or your affiliates or subsidiaries, confidential information obtained from other entities or persons.

     

    
      10

      
        

    

     

    

    In connection with all aspects of the Transactions, you acknowledge and agree that: (i) each Facility and any related arranging or other
      services contemplated in this Commitment Letter constitute an arm’s-length commercial transaction between you and your affiliates, on the one hand, and the Commitment Parties, on the other hand, and you are capable of evaluating and understanding and
      understand and accept the terms, risks and conditions of the Transactions, (ii) in connection with the process leading to the Transactions, each of the Commitment Parties is and has been acting solely as a principal and not as a financial advisor,
      agent or fiduciary, for you or any of your management, affiliates, equity holders, directors, officers, employees, creditors or any other party, (iii) no Commitment Party or any affiliate thereof has assumed or will assume an advisory, agency or
      fiduciary responsibility in your or your affiliates’ favor with respect to any of the Transactions or the process leading thereto (irrespective of whether any Commitment Party or any of its affiliates has advised or is currently advising you or your
      affiliates on other matters) and no Commitment Party has any obligation to you or your affiliates with respect to the Transactions except those obligations expressly set forth in the Commitment Documents, (iv) the Commitment Parties and their
      respective affiliates may be engaged in a broad range of transactions that involve interests that differ from yours and those of your affiliates and no Commitment Party shall have any obligation to disclose any of such interests, and (v) no
      Commitment Party has provided any legal, accounting, regulatory or tax advice with respect to any of the Transactions and you have consulted your own legal, accounting, regulatory and tax advisors to the extent you have deemed appropriate. You hereby
      waive and release, to the fullest extent permitted by law, any claims that you may have against any Commitment Party or any of their respective affiliates with respect to any breach or alleged breach of agency, fiduciary duty or conflict of interest.

     

    10.            Acceptance/Expiration of Commitment.

     

    If the foregoing correctly sets forth our agreement, please indicate your acceptance of the terms of this Commitment Letter and the Fee
      Letter by returning to us executed counterparts of this Commitment Letter and the Fee Letter not later than 11:59 p.m., New York City time, on April 28, 2020.  This offer will automatically expire at such time if we have not received such executed
      counterparts in accordance with the preceding sentence. If you do so execute and deliver to us this Commitment Letter and the Fee Letter, we agree to hold our commitment available for you until the earliest of (such earliest date being the “Expiration Time”) (i) after the execution of the Acquisition Agreement and prior to the consummation of the Acquisition, the termination of the Acquisition Agreement in accordance
      with its terms (other than with respect to provisions that expressly survive termination), (ii) the consummation of the Acquisition without the funding of either Facility and (iii) 11:59 p.m., New York City time, five Business Days (as defined in the
      Acquisition Agreement) after the Termination Date (as such term is defined in Section 6.01(b)(i) and as such date may be extended pursuant to Section 6.01(b)(i) of the Acquisition Agreement) and (iv) the Closing Date. Upon the occurrence of the
      Expiration Time, this Commitment Letter and the commitments of the Commitment Parties hereunder and the agreement of the Lenders to provide the services described herein shall automatically terminate unless the Commitment Parties, in their
      discretion, agree to an extension in writing.

     

    
      11

      
        

    

     

    

    11.            Survival.

     

    The sections of this Commitment Letter and the Fee Letter relating to Indemnification, Expenses, Confidentiality, Other Services, Survival
      and Governing Law shall survive any termination or expiration of this Commitment Letter, the Commitment of the Commitment Parties or the undertakings of the Lead Arranger set forth herein (regardless of whether definitive Bridge Loan Documentation is
      executed and delivered), and the sections relating to Syndication and Information shall survive until the completion of the syndication of the applicable Facility; provided
      that, your obligations under this Commitment Letter (other than your obligations with respect to the sections of this Commitment Letter relating to Syndication, Information, Confidentiality, Other Services, Survival and Governing Law) shall
      automatically terminate and be superseded by the provisions of the Bridge Loan Documentation upon the initial funding thereunder, to the extent covered thereby, and you shall be released from all liability in connection therewith at such time. You
      may terminate this Commitment Letter and the Initial Lender’s commitments with respect to each Facility hereunder in full (but not in part) at any time subject to the provisions of the preceding sentence.

     

    12.       Governing Law. THIS COMMITMENT LETTER AND THE
          FEE LETTER, AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING UNDER OR RELATED THERETO (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT LAW OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF OR THEREOF), SHALL BE GOVERNED BY, AND
          CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK (INCLUDING SECTION 5-1401 AND SECTION 5-1402 OF THE GENERAL OBLIGATIONS LAW OF THE STATE OF NEW YORK), WITHOUT REFERENCE TO ANY OTHER CONFLICTS OR CHOICE OF LAW PRINCIPLES THEREOF.
          THE PARTIES HEREBY WAIVE ANY RIGHT TO TRIAL BY JURY WITH RESPECT TO ANY CLAIM OR ACTION ARISING OUT OF THIS COMMITMENT LETTER OR THE FEE LETTER. With respect to any suit, action or proceeding arising in respect of this Commitment Letter
        or the Fee Letter or any of the matters contemplated hereby or thereby, the parties hereto hereby irrevocably and unconditionally submit to the exclusive jurisdiction of any state or federal court located in the Borough of Manhattan, and
        irrevocably and unconditionally waive any objection to the laying of venue of such suit, action or proceeding brought in such court and any claim that such suit, action or proceeding has been brought in an inconvenient forum. The parties hereto
        hereby agree that service of any process, summons, notice or document by registered mail addressed to you or each of the Commitment Parties will be effective service of process against such party for any action or proceeding relating to any such
        dispute. A final judgment in any such action or proceeding may be enforced in any other courts with jurisdiction over you or each of the Commitment Parties.

     

    
      12

      
        

    

     

    

    13.            Miscellaneous.

     

    This Commitment Letter and the Fee Letter embody the entire agreement among the Commitment Parties and you and your affiliates with
      respect to the specific matters set forth above and supersede all prior agreements and understandings relating to the subject matter hereof. No person has been authorized by any of the Commitment Parties to make any oral or written statements
      inconsistent with this Commitment Letter or the Fee Letter. This Commitment Letter and the Fee Letter shall not be assignable by (x) you without the prior written consent of the Commitment Parties party hereto and thereto or (y) the Commitment
      Parties (except as provided in Section 4) without your prior written consent, and any purported assignment in either case without such consent shall be void. This Commitment Letter and the Fee Letter are not intended to benefit or create any rights
      in favor of any person other than the parties hereto and thereto, the Lenders and, with respect to indemnification, each Indemnified Party. This Commitment Letter and the Fee Letter may be executed in separate counterparts and delivery of an executed
      signature page of this Commitment Letter and the Fee Letter by facsimile transmission or electronic mail shall be effective as delivery of a manually executed counterpart hereof; provided
      that, upon the request of any party hereto or thereto, such facsimile transmission or electronic mail transmission shall be promptly followed by the original thereof. This Commitment Letter and the Fee Letter may only be amended, modified or
      superseded by an agreement in writing signed by each of you and the Commitment Parties.

     

    Each of the parties agrees that each of this Commitment Letter and the Fee Letter to which it is a party, if accepted by you as provided
      above, is a binding and enforceable agreement with respect to the subject matter contained herein, including an agreement to negotiate in good faith the Bridge Loan Documentation by the parties hereto in a manner consistent with this Commitment
      Letter; provided that nothing contained in the Commitment Letter or Fee Letter obligates you or any of your affiliates to consummate the Transactions or to draw upon all or any
      portion of the applicable Facility.

     

    [Signature Pages Follow]

     

    

    

    
      13

      
        

    

     

    

    We are pleased to have been given the opportunity to assist you in connection with this important financing.

    

    

     
      	
               

            	Very truly yours,	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	TRUIST BANK	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	By:

            	/s/ Ron Caldwell	
               

            
	
               

            	
              Name: 

              

            	Ron Caldwell	
               

            
	
               

            	Title:

            	Managing Director	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	SUNTRUST ROBINSON HUMPHREY, INC.	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            	
               

            
	
               

            	By:

            	/s/ Ron Caldwell	
               

            
	
               

            	Name:

            	Ron Caldwell	
               

            
	
               

            	Title:

            	Managing Director	
               

            

    

    

    

    

    

    

    

    [Signature Page to Commitment Letter]

     

    

    
      
        

    

     

    

    The provisions of this Commitment Letter

    are accepted and agreed to as of the date

    first written above:

    

    

    
      	MOLINA HEALTHCARE, INC.	
               

            
	
               

            	
               

            	
               

            
	
               

            	
               

            	
               

            
	By:

            	/s/ Mark L. Keim	
               

            
	
              Name: 

              

            	Mark L. Keim	
               

            
	Title:

            	Executive Vice President	
               

            

    

    

    

    

    

    

    

    

    [Signature Page to Commitment Letter]

     

    

    
      
        

    

    Schedule A

    

    

    	
            Commitment Party

          	 	
            364-Day Bridge Facility

             

          	 	 	
            High Yield Bridge Facility

             

          	 
	
            Truist Bank

          	 	
            $

          	
            400,000,000.00

          	 	 	
            $

          	
            400,000,000.00

          	 

    

    

    

    

    

    

    

    

    

    

    
      
        

    

    
     ANNEX A

     

    

    

    $400.0 MILLION

      364-DAY SENIOR BRIDGE FACILITY

      SUMMARY OF PROPOSED TERMS AND CONDITIONS

     

    Capitalized terms not otherwise defined herein shall have the meanings assigned to them in the Commitment Letter to which this Summary of
      Proposed Terms and Conditions is attached as Annex A.

     

    	
            Borrower:

          	
            Molina Healthcare, Inc., a Delaware corporation (the “Borrower”).

          
	 	 
	
            Sole Lead Arranger and Sole Bookrunner:

          	
            SunTrust Robinson Humphrey, Inc., acting alone or through or with affiliates selected by STRH, will act as the sole bookrunner and sole lead arranger (in such
              capacities, the “Lead Arranger”); provided that in the event the 364-Day Bridge Facility (as
              defined below) is syndicated to other financial institutions then STRH will be lead left.

          
	 	 
	
            Lenders:

          	
            A syndicate of financial institutions and other entities arranged by the Lead Arranger and reasonably acceptable to you (each a “Lender” and, collectively, the “Lenders”).

          
	 	 
	
            Administrative Agent:

          	
            Truist Bank (in such capacity, the “Administrative Agent”).

          
	 	 
	
            Bridge Loans:

          	
            A 364-day unsecured senior bridge facility (the “364-Day Bridge Facility”) consisting of commitments to make bridge loans (the “364-Day Bridge Loans”) in an aggregate principal amount of
              up to $400.0 million less, the sum of, (i) any gross cash proceeds from any Permanent Financing received by the Borrower on or prior to the Closing Date and (ii) any availability of Incremental Borrowings regardless of whether such
              Incremental Borrowings have been borrowed or drawn. Such commitments shall also be permanently and automatically reduced on a pro rata basis as set forth under “Mandatory
                  Prepayments”, “Change of Control” or “Voluntary Prepayments” below.  In addition,
              such commitments shall be permanently and automatically terminated if the Credit Agreement Amendment is unsuccessful.

          
	 	 
	
            Use of Proceeds:

          	
            The proceeds from borrowings of the 364-Day Bridge Loans will be used by the Borrower on the Closing Date, together with cash on hand, borrowings under the Borrowers
              Existing Credit Agreement and the proceeds from any Permanent Financing, if any, to (i) pay the Acquisition Costs and (ii) satisfy any regulatory or statutory capital requirements applicable to the Borrower in connection with the transactions
              contemplated by the Acquisition Agreement or the Acquired Assets.

          

    

    

    
      A-1

      
        

    

    

    

    	
            Availability:

          	
            The 364-Day Bridge Loans will be available in a single drawing contemporaneously with the consummation of the Acquisition (such date, the “Closing Date”).  All drawings on the Closing Date to be available on one Business Days’ notice if notice of such drawing is received prior to 11:00 a.m. New York
              time on the Business Day prior to the Closing Date.

          
	 	 
	
            Documentation:

          	
            The documentation for the 364-Day Bridge Loans (the “364-Day Bridge Loan Documentation”) shall be substantially similar to the Bridge Credit Agreement, dated as of January 2, 2018, between the Borrower, the guarantors party thereto and SunTrust Bank, as
              administrative agent (the “2018 Bridge Credit Agreement”), as modified in a manner to reflect (i) the terms of this 364-Day Bridge Term Sheet and the Fee Letter, (ii)
              changes in law or accounting standards and requirements of local law or to cure mistakes or defects, (iii) other changes as may be reasonably agreed by the Borrower and the Commitment Parties giving due regard to the operational and strategic
              requirements of Borrower and its subsidiaries and the Target and its subsidiaries in light of their consolidated capital structure, size, industry and practices after giving effect to the Transactions, and for the avoidance of doubt shall not
              include any extensions set forth in the 2018 Bridge Credit Agreement and any matters related thereto (such provisions being referred to collectively as the “364-Day Bridge
                  Documentation Principles”).

          
	 	 
	
            Ranking:

          	
            The 364-Day Bridge Loans will be senior debt of the Borrower, pari passu with
              all other unsecured senior debt of the Borrower.

          
	 	 
	
            Guarantors:

          	
            Each existing and subsequently acquired or formed direct and indirect wholly-owned domestic restricted subsidiary of the Borrower which, on or after the Closing Date,
              also guarantees at any time the obligations under the Existing Credit Agreement or Existing Indenture (as defined in the High Yield Bridge Term Sheet) (the “Guarantors”).

          
	 	 
	
            Security:

          	
            The obligations under the 364-Day Bridge Facility shall be unsecured.

          
	 	 
	
            Interest:

          	
            Interest rates and fees in connection with the 364-Day Bridge Loans will be as specified in the Fee Letter and on Schedule I attached hereto.

          

    

    

    
      A-2

      
        

    

    

    

    	
            Maturity:

          	
            The 364-Day Bridge Loans will mature on the date (the “364-Day Bridge Maturity Date”) that is
              364 days after the Closing Date.

          
	 	 
	
            Mandatory Prepayment:

          	
            The Borrower will be required to prepay the 364-Day Bridge Loans on a pro rata basis, at par plus accrued and unpaid interest with 100% of the net cash proceeds from
              the issuance or incurrence of any Permanent Financing.

          
	 	 
	 	
            Each such prepayment will be made together with accrued and unpaid interest to the date of prepayment, but without premium or penalty (except breakage costs related
              to prepayments not made on the last day of the relevant interest period).

          
	 	 
	
            Change of Control:

          	
            Upon any change of control (to be defined in a manner consistent with the 364-Day Bridge Loan Documentation Principles), each holder of 364-Day Bridge Loans will be
              entitled to require the Borrower to repay, and the Borrower must offer to repay the entire principal amount of the 364-Day Bridge Loans, the 364-Day Bridge Loans held by such holder at par (plus any accrued and unpaid interest).

          
	 	 
	
            Voluntary Prepayment:

          	
            The 364-Day Bridge Loans may be prepaid at any time, in whole or in part, at the option of the Borrower, upon notice and in a minimum principal amount and in
              multiples to be agreed upon, at 100% of the principal amount of the 364-Day Bridge Loans prepaid, plus all accrued and unpaid interest and fees (including any breakage
              costs) to the date of the repayment.

          
	 	 
	
            Conditions Precedent to Borrowings under the 364-Day

            Bridge Loan Documentation:

          	
            Limited to those applicable conditions set forth in the Conditions Annex and subject to the Certain Funds Provisions.

          
	 	 
	
            Representations and Warranties:

          	
            The 364-Day Bridge Loan Documentation will contain usual and customary representations and warranties for facilities of this type and substantially similar to the
              representations and warranties contained in the 2018 Bridge Credit Agreement, with such changes as are appropriate in connection with the 364-Day Bridge Facility as may be reasonably and mutually agreed.

          
	 	 
	
            Affirmative Covenants:

          	
            The 364-Day Bridge Loan Documentation will contain usual and customary affirmative covenants for facilities of this type and substantially similar to those contained
              in the 2018 Bridge Credit Agreement (and also including a customary offering co-operation covenant, and a covenant to use all commercially reasonable efforts to refinance the 364-Day Bridge Loans as soon as practicable), with such changes as
              may be reasonably and mutually agreed.

          

    

    

    
      A-3

      
        

    

    

    

    	
            Negative Covenants:

          	
            The 364-Day Bridge Loan Documentation will contain usual negative covenants consistent with the Existing Indenture, with only such changes as may be reasonably and
              mutually agreed.

          
	 	 
	
            Financial Covenants:

          	
            None.

          
	 	 
	
            Events of Default:

          	
            The 364-Day Bridge Loan Documentation will contain usual and customary events of default for facilities of this type and substantially similar to those contained in
              the Existing Indenture, with such changes as may be reasonably and mutually agreed for a customary bridge loan agreement.

          
	 	 
	
            Yield Protection and Increased Costs:

          	
            Usual for facilities and transactions of this type (including mitigation provisions, tax gross-up provisions and to include Dodd-Frank and Basel III as changes in
              law) and which will be substantially the same as the corresponding provisions of the 2018 Bridge Credit Agreement.

          
	 	 
	
            Assignments and Participations:

          	
            Subject to the prior approval of the Administrative Agent (such approval not to be unreasonably withheld, conditioned or delayed), the Lenders will have the right to
              assign 364-Day Bridge Loans; provided, however, that prior to the applicable 364-Day Bridge
              Maturity Date and so long as no Demand Failure Event (as defined in the Fee Letter), payment or bankruptcy default or event of default is continuing, the consent of the Borrower (not to be unreasonably withheld, conditioned or delayed) shall
              be required with respect to any assignment if, subsequent thereto, the Initial Lenders would hold, in the aggregate, less than 50.1% of the outstanding 364-Day Bridge Loans. The Borrower shall be deemed to have consented to an assignment
              request if the Borrower has not objected thereto within ten business days after written notice thereof.

          
	 	 
	 	
            The Lenders will have the right to participate their 364-Day Bridge Loans (other than to any natural person) without restriction, other than customary voting
              limitations. Participants will have the same benefits as the selling Lenders would have (and will be limited to the amount of such benefits) with regard to yield protection and increased costs, subject to customary limitations and
              restrictions.

          

    

    

    
      A-4

      
        

    

    

    

    	
            Required Lenders:

          	
            On any date of determination, those Lenders who collectively hold more than 50% of the aggregate outstanding commitments and 364-Day Bridge Loans (the “Required Lenders”).

          
	 	 
	
            Amendments and Waivers:

          	
            Amendments and waivers of the provisions of the 364-Day Bridge Loan Documentation will require the approval of the Required Lenders, except that (a) the consent of
              all Lenders directly adversely affected thereby will be required with respect to: (i) reductions of principal, interest, fees or other amounts, (ii) extensions of scheduled maturities or times for payment (other than for purposes of
              administrative convenience), (iii) increases in the amount of any Lender’s commitment, (iv) releases of all or substantially all of the value of the guarantees, (v) changes that impose any additional restriction on such Lender’s ability to
              assign any of its rights or obligations and (vi) changes to pro rata sharing provisions, (b) the consent of 100% of the Lenders will be required with respect to customary matters, including (i) to permit the Borrower to assign its rights
              under the 364-Day Bridge Loan Documentation and (ii) to modify any voting percentages and (c) the consent of the Administrative Agent will be required to amend, modify or otherwise affect its rights and duties.

          
	 	 
	
            Indemnification:

          	
            Substantially similar to the 2018 Bridge Credit Agreement.

          
	 	 
	
            Expenses:

          	
            The Borrower shall pay (a) the reasonable and documented out-of- pocket expenses (including, without limitation, reasonable fees and expenses of one counsel to the
              Administrative Agent and, to the extent that any guarantors party to the 364-Day Bridge Facility contemplated hereunder are formed in any jurisdiction other than the jurisdictions of formation of the guarantors currently party to the Existing
              Credit Agreement, one local counsel in each relevant jurisdiction) of the Administrative Agent (promptly following written demand therefore) associated with the syndication of the 364-Day Bridge Facility and the preparation, negotiation,
              execution, delivery and administration of the 364-Day Bridge Loan Documentation and any amendment or waiver with respect thereto and (b) all reasonable and documented out-of-pocket expenses (including, without limitation, reasonable fees and
              expenses of one counsel to the Administrative Agent and the Lenders together (and, to the extent that any guarantors party to the Facilities contemplated hereunder are formed in any jurisdiction other than the jurisdictions of formation of
              the guarantors currently party to the Existing Credit Agreement, one local counsel in each relevant jurisdiction)) of the Administrative Agent and each of the Lenders promptly following written demand therefore in connection with the
              enforcement of the 364-Day Bridge Loan Documentation or protection of rights.  The Administrative Agent shall provide monthly updates to the Borrower with respect to legal fees and expenses incurred for the applicable month.

          

    

    

    
      A-5

      
        

    

    

    

    	
            Governing Law and Submission to Jurisdiction:

          	
            New York.

          
	 	 
	
            Waiver of Jury Trial and Punitive and Consequential Damages:

          	
            Substantially similar to the 2018 Bridge Credit Agreement.

          
	 	 
	
            Counsel for the Lead Arranger and the Administrative Agent:

          	
            Latham & Watkins LLP.

          

    

    

    

    

    

    

    

    

    
      A-6

      
        

    

    
     

    SCHEDULE I TO ANNEX A

     

    

    

    INTEREST RATES ON THE 364-DAY BRIDGE LOANS

     

    	
            Interest Rate:

          	
            The 364-Day Bridge Loans will bear interest for the first three month period commencing on the initial 364-Day Bridge Funding Date at a variable rate per annum (the “Applicable Interest Rate”) equal to the sum of (a) the three-month LIBOR Rate plus (b) a spread equal to 1.50%.

          
	 	 
	 	
            The Applicable Interest Rate will increase by an additional 0.50% following each three-month period after the initial 364-Day Bridge Funding Date.

          
	 	 
	 	
            Interest will be payable quarterly in arrears and on the applicable 364-Day Bridge Maturity Date and will be calculated on the basis of the actual number of days
              elapsed in a year of 360 days.

          
	 	 
	 	
            The “LIBOR Rate” will be defined and calculated as specified in the 364-Day Bridge Loan Documentation; provided
              that at no time will the LIBOR Rate be deemed to be less than 1.00% per annum.

          
	 	 
	
            Default Rate:

          	
            The Applicable Interest Rate plus 2.0%.

          

     

    

    
      A-I-1

      
        

    

    
    ANNEX B

     

    $400.0 MILLION

      SENIOR HIGH YIELD BRIDGE FACILITY

      SUMMARY OF PROPOSED TERMS AND CONDITIONS

     

    Capitalized terms not otherwise defined herein shall have the meanings assigned to them in the Commitment Letter to which this Summary of
      Proposed Terms and Conditions is attached or, as applicable, Annex A to the Commitment Letter.

     

    	
            Borrower:

          	
            Molina Healthcare, Inc., a Delaware corporation (the “Borrower”).

          
	 	 
	
            Sole Lead Arranger and Sole Bookrunner:

          	
            SunTrust Robinson Humphrey, Inc., acting alone or through or with affiliates selected by them, will act as sole bookrunner and sole lead arranger (in such capacities,
              the “Lead Arranger”); provided that in the event the High Yield Bridge Facility (as defined
              below) is syndicated to other financial institutions then STRH will be lead left.

          
	 	 
	
            Lenders:

          	
            A syndicate of financial institutions and other entities arranged by the Lead Arrangers and reasonably acceptable to you (each a “Lender” and, collectively, the “Lenders”).

          
	 	 
	
            Administrative Agent:

          	
            Truist Bank (in such capacity, the “Administrative Agent”).

          
	 	 
	
            Bridge Loans:

          	
            Unsecured senior bridge facility (the “High Yield Bridge Facility”) consisting of commitments
              to make bridge loans (the “High Yield Bridge Loans”) in an aggregate principal amount of up to $400.0 million less the sum of, (i) any gross cash proceeds from any
              Permanent Financing received by the Borrower on or prior to the Closing Date and (ii) any availability of Incremental Borrowings regardless of whether such Incremental Borrowings have been borrowed or drawn. In addition, such commitments
              shall also be permanently and automatically reduced on a pro rata basis as set forth under “Mandatory Prepayment,” Change of Control” or “Voluntary Prepayments” below.

          
	 	 
	
            Use of Proceeds:

          	
            The proceeds of borrowings from the High Yield Bridge Loans will be used by the Borrower on the Closing Date, together with cash on hand, borrowings under the
              Borrower’s Existing Credit Agreement and the proceeds from any Permanent Financing, if any, to (i) pay the Acquisition Costs and (ii) satisfy any regulatory or statutory capital requirements applicable to the Borrower in connection with the
              transactions contemplated by the Acquisition Agreement or the Acquired Assets.

          

    

    

    
      B-1

      
        

    

    

    

    	
            Availability:

          	
            The High Yield Bridge Loans will be available on the Closing Date in a single drawing contemporaneously with the consummation of the Acquisition.  All drawings on the
              Closing Date to be available on one Business Days’ notice if notice of such drawing is received prior to 11:00 a.m. New York time on the Business Day prior to the Closing Date.

          
	 	 
	
            Documentation:

          	
            The documentation for the High Yield Bridge Loans (the “High Yield Bridge Loan Documentation”,
              and together with the 364-Day Bridge Loan Documentation, the “Bridge Loan Documentation”) will be substantially similar to the Indenture, dated as of June 6, 2017,
              between the Borrower, the guarantors party thereto and U.S. Bank National Association, as trustee (the “Existing Indenture”), as modified in a manner to reflect (i) the
              terms of this High Yield Bridge Term Sheet and the Fee Letter, (ii) the nature of the High Yield Facility as a credit agreement (including, without limitation, (a) customary European “bail-in” provisions and provisions relating to ERISA
              fiduciary rules and (b) provisions containing the Administrative Agent’s customary loan and agency provisions), (iii) changes in law or accounting standards and requirements of local law or to cure mistakes or defects and (iv) other changes
              as may be reasonably agreed by the Borrower and the Commitment Parties giving due regard to the operational and strategic requirements of Borrower and its subsidiaries and the Target and its subsidiaries in light of their consolidated capital
              structure, size, industry and practices after giving effect to the Transactions (such provisions being referred to collectively as the “High Yield Bridge Documentation Principles”).

          
	 	 
	
            Ranking:

          	
            The High Yield Bridge Loans will be senior debt of the Borrower, pari passu with
              all other unsecured senior debt of the Borrower.

          
	 	 
	
            Guarantors:

          	
            Each existing and subsequently acquired or formed direct and indirect wholly-owned domestic restricted subsidiary of the Borrower which, on or after the Closing Date,
              also guarantees at any time the obligations under the Existing Credit Agreement or Existing Indenture (the “Guarantors”).

          
	 	 
	
            Security:

          	
            None.

          
	 	 
	
            Interest:

          	
            Interest rates and fees in connection with the High Yield Bridge Loans, Extended Term Loans (as defined below) and the High Yield Exchange Notes (as defined below)
              will be as specified in the Fee Letter and on the applicable schedules attached to this Annex B.

          

    

    

    
      B-2

      
        

    

    

    

    	
            Maturity/Exchange:

          	
            The High Yield Bridge Loans will mature on the date (the “Initial High Yield Bridge Maturity Date”)
              that is twelve months after the Closing Date. If any High Yield Bridge Loan has not been repaid in full on or prior to the date that is twelve months after the Closing Date, subject to payment of the High Yield Bridge Rollover Fee (as defined
              in the Fee Letter) and the absence of any payment or bankruptcy default, the High Yield Bridge Loans will automatically be converted into term loans (each, an “Extended Term Loan”)
              due on the date that is eight years after the Closing Date. The Extended Term Loans will be governed by the provisions of the High Yield Bridge Loan Documentation and will have the same terms as the High Yield Bridge Loans except as expressly
              set forth on Schedule II hereto.

          
	 	 
	 	
            Lenders under the Extended Term Loans will have the option at any time or from time to time to receive exchange notes (the “High Yield Exchange Notes”) in exchange for such Extended Term Loans having the terms set forth on Schedule III hereto; provided
              that the Borrower may defer the issuance of High Yield Exchange Notes until such time as the Borrower has received requests to issue an aggregate principal amount of High Yield Exchange Notes equal to at least $100.0 million.

          
	 	 
	
            Mandatory Prepayment:

          	
            The Borrower will be required to prepay the High Yield Bridge Loans on a pro rata basis, at par plus accrued and unpaid interest with 100% of the net cash proceeds
              from the issuance or incurrence of any Permanent Financing.

          
	 	 
	 	
            Each such prepayment will be made together with accrued and unpaid interest to the date of prepayment, but without premium or penalty (except breakage costs related
              to prepayments not made on the last day of the relevant interest period).

          
	 	 
	
            Change of Control:

          	
            Upon any change of control (to be defined in a manner consistent with the High Yield Bridge Documentation Principles), the Borrower will be required to offer to
              prepay the entire principal amount of the High Yield Bridge Loans (plus any accrued and unpaid interest) at par.

          
	 	 
	
            Voluntary Prepayment:

          	
            The High Yield Bridge Loans may be prepaid at any time, in whole or in part, at the option of the Borrower, upon notice and in a minimum principal amount and in
              multiples to be agreed upon, at 100% of the principal amount of the High Yield Bridge Loans prepaid, plus all accrued and unpaid interest and fees (including any
              breakage costs) to the date of the repayment.

          

    

    

    
      B-3

      
        

    

    

    

    	
            Conditions Precedent to Borrowings under the High Yield Bridge Loan Documentation:

          	
            Limited to those applicable conditions set forth in the Conditions Annex and subject to the Certain Funds Provisions.   All of the representations and warranties in
              the High Yield Bridge Loan Documentation shall be true and correct in all material respects (but in all respects if such representation or warranty is qualified by “material” or “Material Adverse Effect”); no default or event of default shall
              be continuing; delivery of a satisfactory solvency certificate from the chief financial officer of the Borrower; and delivery of the relevant borrowing notices.

          
	 	 
	
            Representations and Warranties:

          	
            The High Yield Bridge Loan Documentation will contain usual and customary representations and warranties for facilities of this type and substantially similar to the
              representations and warranties contained in the Existing Credit Agreement, with such changes as are appropriate in connection with the High Yield Bridge Facility as may be reasonably and mutually agreed.

          
	 	 
	
            Affirmative Covenants:

          	
            The High Yield Bridge Loan Documentation will contain usual and customary affirmative covenants for facilities of this type and substantially similar to those
              contained in the Existing Credit Agreement (and also including a covenant to comply with the Securities Demand (as defined in the Fee Letter) provisions in the Fee Letter, a customary offering co-operation covenant, and a covenant to use all
              commercially reasonable efforts to refinance the High Yield Bridge Loans as soon as practicable), with such changes as may be reasonably and mutually agreed.

          
	 	 
	
            Negative Covenants:

          	
            The High Yield Bridge Loan Documentation will contain negative covenants consistent with the Existing Indenture, with only such changes as may be reasonably and
              mutually agreed.

          
	 	 
	
            Maintenance Covenants:

          	
            The High Yield Bridge Loan Documentation will not include any financial maintenance covenants.

          
	 	 
	
            Events of Default:

          	
            Consistent with the High Yield Bridge Documentation Principles.

          
	 	 
	
            Yield Protection and Increased Costs:

          	
            Usual for facilities and transactions of this type (including mitigation provisions, tax gross up provisions and to include Dodd-Frank and Basel III as changes in
              law) and which will be, in any event, not less favorable to the Borrower than the corresponding provisions of the Existing Credit Agreement.

          

    

    

    
      B-4

      
        

    

    

    

    	
            Assignments and Participations:

          	
            Subject to the prior approval of the Administrative Agent (such approval not to be unreasonably withheld, conditioned or delayed), the Lenders will have the right to
              assign Bridge Loans; provided, however, that prior to the Initial High Yield Maturity Date and
              so long as no Demand Failure Event (as defined in the Initial Lenders Fee Letter), payment or bankruptcy default or event of default is continuing, the consent of the Borrower (not to be unreasonably withheld, conditioned or delayed) shall be
              required with respect to any assignment if, subsequent thereto, the Initial Lenders would hold, in the aggregate, less than 50.1% of the outstanding Bridge Loans. The Borrower shall be deemed to have consented to an assignment request if the
              Borrower has not objected thereto within ten business days after written notice thereof.

          
	 	 
	 	
            The Lenders will have the right to participate their High Yield Bridge Loans (other than to any natural person) without restriction, other than customary voting
              limitations. Participants will have the same benefits as the selling Lenders would have (and will be limited to the amount of such benefits) with regard to yield protection and increased costs, subject to customary limitations and
              restrictions.

          
	 	 
	
            Required Lenders:

          	
            On any date of determination, those Lenders who collectively hold more than 50% of the aggregate outstanding commitments and High Yield Bridge Loans (the “Required Lenders”).

          
	 	 
	
            Amendments and Waivers:

          	
            Amendments and waivers of the provisions of the High Yield Bridge Loan Documentation will require the approval of the Required Lenders, except that (a) the consent of
              all Lenders directly adversely affected thereby will be required with respect to: (i) reductions of principal, interest, fees or other amounts, (ii) extensions of scheduled maturities or times for payment (other than for purposes of
              administrative convenience), (iii) increases in the amount of any Lender’s commitment, (iv) additional restrictions on the right to exchange Extended Term Loans for High Yield Exchange Notes or any amendment to the rate of such exchange, (v)
              changes in call dates or call prices (other than notice provisions), (vi) releases of all or substantially all of the value of the guarantees and (vii) changes to pro rata sharing provisions, (b) the consent of 100% of the Lenders will be
              required with respect to customary matters, including (i) to permit the Borrower to assign its rights under the High Yield Bridge Loan Documentation and (ii) to modify any voting percentages and (c) the consent of the Administrative Agent
              will be required to amend, modify or otherwise affect its rights and duties.

          
	 	 
	
            Indemnification:

          	
            Substantially similar to the Existing Credit Agreement.

          

    

    

    
      B-5

      
        

    

    

    

    	
            Expenses:

          	
            The Borrower shall pay (a) the reasonable and documented out-of- pocket expenses (including, without limitation, reasonable fees and expenses of one counsel to the
              Administrative Agent and, to the extent that any guarantors party to the High Yield Bridge Facility contemplated hereunder are formed in any jurisdiction other than the jurisdictions of formation of the guarantors currently party to the
              Existing Credit Agreement, one local counsel in each relevant jurisdiction) of the Administrative Agent (promptly following written demand therefore) associated with the syndication of the High Yield Bridge Facility and the preparation,
              negotiation, execution, delivery and administration of the High Yield Bridge Loan Documentation and any amendment or waiver with respect thereto and (b) all reasonable and documented out-of-pocket expenses (including, without limitation,
              reasonable fees and expenses of one counsel to the Administrative Agent and the Lenders together (and, to the extent that any guarantors party to the Facilities contemplated hereunder are formed in any jurisdiction other than the
              jurisdictions of formation of the guarantors currently party to the Existing Credit Agreement, one local counsel in each relevant jurisdiction)) of the Administrative Agent and each of the Lenders promptly following written demand therefore
              in connection with the enforcement of the High Yield Bridge Loan Documentation or protection of rights.  The Administrative Agent shall provide monthly updates to the Borrower with respect to legal fees and expenses incurred for the
              applicable month.

          
	 	 
	
            EU Bail-In Provisions

          	
            Customary Loan Syndication & Trading Association EU Bail-In provisions shall be included in the High Yield Bridge Loan Documentation.

          
	 	 
	
            Governing Law and Forum:

          	
            New York.

          
	 	 
	
            Waiver of Jury Trial and Punitive and Consequential Damages:

          	
            Substantially similar to the Existing Credit Agreement.

          
	 	 
	
            Counsel for the Lead Arrangers and the Administrative Agent:

          	
            Latham & Watkins LLP.

          

    

    

    
      B-6

      
        

    

    
    SCHEDULE I TO ANNEX B

     

    

    

    INTEREST RATES ON THE HIGH YIELD BRIDGE LOANS

     

    	
            Interest Rate:

          	
            The Bridge Loans will bear interest for the first three-month period commencing on the Initial Funding Date at a variable rate per annum (the “Applicable Interest Rate”) equal to the sum of (a) the

              three-month LIBOR Rate plus (b) a spread equal to 4.25%.

          
	 	 
	 	
            The Applicable Interest Rate will increase by an additional 0.50% following each three-month period after the Initial Funding Date. Notwithstanding the foregoing, the
              interest rate on the Bridge Loans will not at any time prior to the Initial High Yield Bridge Maturity Date exceed the Total Cap (as defined in the Fee Letter).

          
	 	 
	 	
            Interest will be payable quarterly in arrears and on the Initial High Yield Bridge Maturity Date and will be calculated on the basis of the actual number of days
              elapsed in a year of 360 days.

          
	 	 
	 	
            Upon the occurrence of a Demand Failure Event, all outstanding High Yield Bridge Loans will accrue interest at the Total Cap.

          
	 	 
	 	
            The “LIBOR Rate” will be defined and calculated as specified in the Term Loan Documentation; provided
              that at no time will the LIBOR Rate be deemed to be less than 1.00% per annum.

          
	 	 
	
            Default Rate:

          	
            The Applicable Interest Rate plus 2.0%.

          

     

      

    
      B-I-1

      
        

    

      
    SCHEDULE II TO ANNEX B

     

    EXTENDED TERM LOANS

      SUMMARY OF PROPOSED TERMS AND CONDITIONS

     

    Capitalized terms used herein without definition will have the meanings given to them in the Summary of Proposed Terms and Conditions for
      the High Yield Bridge Facility to which this Schedule II is attached.

     

    	
            Borrower:

          	
            The Borrower.

          
	 	 
	
            Guarantors:

          	
            Same as the Guarantors of the High Yield Bridge Loans.

          
	 	 
	
            Security:

          	
            None.

          
	 	 
	
            Ranking:

          	
            Same as the High Yield Bridge Loans.

          
	 	 
	
            Maturity:

          	
            Eight years from the Closing Date.

          
	 	 
	
            Interest Rate:

          	
            The Extended Term Loans will bear interest at the Total Cap.

          
	 	 
	
            Default Rate:

          	
            Same as the default rate for the High Yield Bridge Loans.

          
	 	 
	
            Voluntary Prepayment:

          	
            The Extended Term Loans may be prepaid, in whole or in part, in minimum denominations to be agreed, at par, plus accrued and unpaid interest upon not less than one
              business day’s prior written notice, at the option of the Borrower at any time.

          
	 	 
	
            Change of Control:

          	
            Substantially similar to the High Yield Bridge Loans.

          
	 	 
	
            Covenants, Events of Default and Offers to Repurchase:

          	
            The covenants, events of default and offers to repurchase (other than with respect to a change of control as described above) that would be applicable to the High
              Yield Exchange Notes, if issued, will also be applicable to the Extended Term Loans in lieu of the corresponding provisions applicable to the Bridge Loans.

          
	 	 
	
            Governing Law and Forum:

          	
            Substantially similar to the Existing Credit Agreement.

          

     

      

    
      B-II-1

      
        

    

     
    SCHEDULE III TO ANNEX B

     

    HIGH YIELD EXCHANGE NOTES

      SUMMARY OF PROPOSED TERMS AND CONDITIONS

     

    Capitalized terms used herein without definition will have the meanings given to them in the Summary of Proposed Terms and Conditions for
      the High Yield Bridge Facility to which this Schedule III is attached.

     

    	
            Issuer:

          	
            The Borrower.

          
	 	 
	
            Guarantors:

          	
            Same as the Guarantors of the High Yield Bridge Loans.

          
	 	 
	
            Security:

          	
            None.

          
	 	 
	
            Principal Amount:

          	
            The High Yield Exchange Notes will be available only in exchange for the Extended Term Loans. The principal amount of the High Yield Exchange Notes will equal 100% of
              the aggregate principal amount of the outstanding Extended Term Loans for which they are exchanged and will have the same ranking as the Extended Term Loans for which they are exchanged. In the case of the initial exchange by the Lenders, the
              minimum aggregate principal amount of Extended Term Loans to be exchanged for the High Yield Exchange Notes shall not be less than $100.0 million provided that a Lender
              may not elect to exchange only a portion of its outstanding Extended Term Loans for High Yield Exchange Notes unless such portion is equal to or greater than $100.0 million.

          
	 	 
	
            Ranking:

          	
            Same as the High Yield Bridge Loans.

          
	 	 
	
            Maturity:

          	
            Eight years from the Closing Date.

          
	 	 
	
            Interest Rate:

          	
            The High Yield Exchange Notes will bear interest at the Total Cap.

          
	 	 
	
            Default Rate:

          	
            Same as the default rate for the High Yield Bridge Loans.

          

    

    

    
      B-III-1

      
        

    

    

    

    	
            Mandatory Redemption:

          	
            No mandatory redemption provisions other than 101% change of control put, subject to the High Yield Bridge Documentation Principles; provided that any High Yield Exchange Notes held by the Initial Lenders or their respective affiliates (other than (x) asset management affiliates purchasing High Yield Exchange Notes in the ordinary
              course of their business as part of a regular distribution of the High Yield Exchange Notes and (y) High Yield Exchange Notes acquired pursuant to bona fide open market purchases from third parties or market making activities), shall be
              subject to redemption at par plus accrued interest to the date of redemption.

          
	 	 
	
            Optional Redemption:

          	
            The High Yield Exchange Notes will be non-callable until the third anniversary of the Closing Date, subject to a customary T + 50 basis points “make-whole”
              redemption. Thereafter, each High Yield Exchange Note will be callable at par plus accrued and unpaid interest plus a premium equal to 50% of the coupon on such High Yield Exchange Note, which premium shall decline ratably on each subsequent
              anniversary of the Closing Date thereafter to zero on the date that is two years prior to the maturity date of the High Yield Exchange Notes.

          
	 	 
	 	
            Prior to the third anniversary of the Closing Date, the Borrower may redeem up to 40% of such High Yield Exchange Notes with the proceeds from an equity offering at a
              redemption price equal to par plus accrued interest plus a premium equal to 100% of the coupon in effect on such High Yield Exchange Notes.

          
	 	 
	 	
            Prior to a Demand Failure Event, any High Yield Exchange Notes held by the Initial Lenders or their respective affiliates (other than (x) asset management affiliates
              purchasing High Yield Exchange Notes in the ordinary course of their business as part of a regular distribution of the High Yield Exchange Notes and (y) High Yield Exchange Notes acquired pursuant to bona fide open market purchases from third
              parties or market making activities), shall be prepayable and/or subject to redemption in whole or in part at par plus accrued interest on a non-ratable basis so long as such High Yield Exchange Notes are held by them.

          
	 	 
	
            Registration Rights:

          	
            None – 144A-for-life.

          
	 	 
	
            Right to Resell Notes:

          	
            Any Lender (and any subsequent holder) will have the absolute and unconditional right to resell the High Yield Exchange Notes to one or more third parties, whether by
              assignment or participation and subject to compliance with applicable securities laws.

          

    

    

    
      B-III-2

      
        

    

    

    

    	
            Covenants; Events of Default:

          	
            The High Yield Exchange Notes shall be subject to covenants and events of default that are consistent with the High Yield Bridge Documentation Principles.

          
	 	 
	
            Defeasance; Satisfaction; and Discharge:

          	
            The High Yield Exchange Notes shall be subject to defeasance and satisfaction and discharge provisions that are consistent with the High Yield Bridge Documentation
              Principles.

          
	 	 
	
            Governing Law and Forum:

          	
            New York.

          

     

    
      B-III-3

      
        

    

    
    ANNEX C

     

    $400.0 MILLION SENIOR BRIDGE FACILITY

      CONDITIONS ANNEX

     

    Capitalized terms not otherwise defined herein shall have the meanings assigned to them in the Commitment Letter to which this Annex is
      attached, or Annex A, Annex B or Annex E to the Commitment Letter.

     

    Section I.

     

    Execution of the 364-Day Bridge Facility or the High Yield Bridge Facility, as applicable, will be subject to the satisfaction of the following
      conditions precedent:

     

    1.            The execution and delivery by the Borrower of the 364-Day Bridge Loan Documentation or the High Yield Bridge Loan Documentation, as applicable, which shall contain the
        terms set forth in the Commitment Documents and shall be based upon the 364-Day Bridge Documentation Principles or the High Yield Bridge Documentation Principles, as applicable, and otherwise be mutually acceptable to the Borrower and
        Administrative Agent.

     

    2.            From and after the date of the Acquisition Agreement, there shall not have occurred a Material Adverse Effect (as defined in the Acquisition Agreement).

     

    3.            The Acquisition shall have been consummated in all material respects in accordance with the terms of the Acquisition Agreement, a draft of which, dated April 30, 2020,
        has been delivered to the Commitment Parties (the “Draft Acquisition Agreement”), without giving effect to any modifications, amendments, consents or waivers thereto
        that in the aggregate are material and adverse to the Lenders without the prior consent of the Commitment Parties (which consent shall not be unreasonably withheld, delayed or conditioned), it being understood that any change to the definition of
        Material Adverse Effect contained in the Acquisition Agreement shall be deemed to be material and adverse to the Lenders. For purposes of the foregoing condition, it is hereby understood and agreed that any change in the purchase price (or
        amendment to the Acquisition Agreement related thereto) in connection with the Acquisition shall not be deemed to be material and adverse to the interests of the Lenders in any respect; provided that any such increase in purchase price is funded
        with cash on hand.  Subject to the Certain Funds Provisions, the Specified Acquisition Agreement Representations and the Specified Representations shall be true and correct in all material respects.

     

    4.            The Administrative Agent and the Lead Arranger shall have received customary legal opinions, customary evidence of authorization, organizational documents, good standing
        certificates (with respect to the jurisdiction of incorporation of the Borrower) and a customary officer’s certificate.

     

    
      C-1

      
        

    

     

    

    5.            The Lead Arranger shall have received:

     

    (a)            with respect to the Borrower and its subsidiaries, (i) audited consolidated balance sheets and related consolidated statements of income,
        stockholders’ equity and cash flows for the three most recently completed fiscal years ended at least 90 days prior to the Closing Date (and the related audit reports) and (ii) unaudited consolidated balance sheets and related consolidated
        statements of income and cash flows for each interim fiscal quarter ended since the last audited financial statements and at least 45 days prior to the Closing Date (other than the fourth fiscal quarter) (and comparable periods for the prior fiscal
        year); provided that the Lead Arranger hereby acknowledges receipt of the audited financial statements referred to in clause (i) above for the fiscal years ended
        December 31, 2017, 2018 and 2019; and

     

    (b)            a solvency certificate from the chief financial officer of the Borrower in the form attached as Annex D hereto.

     

    6.            The representations and warranties set forth in the applicable Bridge Loan Documentation will be true and correct in all material respects (or if qualified by
        materiality or material adverse effect, in all respects).

     

    7.            The Lead Arranger shall have received, at least three (3) business days prior to the Closing Date, all documentation and other information regarding the Borrower
        required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act and the Beneficial Ownership Regulation, to the extent requested at least ten (10) business days
        prior to the Closing Date.

     

    8.            To the extent invoiced with reasonable detail at least two business days prior to the Closing Date, all fees and expenses due to the Lead Arranger, the Administrative
        Agent and the Lenders required to be paid on the Closing Date (including the fees and expenses of counsel for the Lead Arranger and the Administrative Agent) will have been paid.

     

    Section II.

     

    The borrowing under the High Yield Bridge Facility will be subject to the satisfaction of the following additional conditions precedent:

     

    
      C-2

      
        

    

    
     

    

    1.          One or more investment banks satisfactory to the Lead Arranger (collectively, the “Investment
          Banks”) shall have been engaged to sell, privately place, otherwise offer or enter into (i) equity securities (including equity and debt securities convertible or exchangeable into or exercisable for equity securities, other
      equity-linked securities or hybrid debt-equity securities or similar transaction) on or prior to the Closing Date (an “Equity Offering”) in a public offering
      or in a Rule 144A or other private placement on or prior to the Closing Date, and/or, at the Company’s election, (ii) unsecured senior notes (“Notes” and,
      together with the Equity Offering, the “Securities”) in a public offering or in a Rule 144A offering or other private placement on or prior to the Closing Date
      and/or (iii) one or more credit facilities or similar debt instruments. In connection with any offering of Securities, (a) the Investment Banks and the Lead Arrangers shall have received a preliminary and final prospectus, a preliminary and final
      offering memorandum, a private placement memorandum, a confidential information memorandum or other document to be used in connection with any offering or otherwise relating to any Securities (each, an “Offering Document”), which contains all audited and unaudited historical (including, in the case of audited financial statements, the auditor’s report thereon with respect to the Borrower and its
      subsidiaries) and other data to be included or incorporated by reference therein (including other financial and business data of the type and form customarily included in such an Offering Document (including a discussion of Borrower and its
      subsidiaries), and all other data that the Securities and Exchange Commission would require in a registered offering of such Securities) or would be necessary for the Investment Banks to receive customary “comfort” (including “negative assurance”
      comfort) from independent accountants and (b) the Investment Banks shall have been afforded a period of at least 20 consecutive business days (the “Marketing Period”)

      following receipt of an Offering Document, including the information described in clause (a) above, to seek to place the Securities (and at no time during such 20 business day period shall the financial information in the Offering Document have
      become stale); provided that the Marketing Period shall (I) exclude May 25, 2020, July 3, 2020, October 12, 2020, November 26-27, 2020, January 18, 2021, February 15, 2021, May 31, 2021 and July 4, 2021, (II) end on or prior to August 21, 2020, or if
      such period has not ended on or prior to such date, then such period will commence no earlier than September 8, 2020 and (III) if such period commences on after September 8, 2020 and has not ended on or prior to December 18, 2020, then such period
      will commence no earlier than January 4, 2021. The comfort letters to be provided by the independent accountants of the Borrower shall be in usual and customary form (including satisfying the requirements of SAS 72), and the auditors shall be
      prepared to deliver such letters at the pricing date, and shall cover the financial statements of the Borrower, as well as financial data derived from the books and records of the Borrower included or incorporated by reference therein in such
      Offering Document.

     

    

    

    
      C-3

      
        

    

    
    ANNEX D

     

    FORM OF SOLVENCY CERTIFICATE

     

    [DATE]

     

    This Certificate (the “Solvency Certificate”) is being executed and delivered pursuant
      to Section [  ̃ ] of that certain [  ̃ ] (the “Credit Agreement”; the
      terms defined therein being used herein as therein defined).

     

    I, [  ̃ ], the Chief Financial Officer of the Borrower, in such capacity and not in an individual
      capacity, hereby certify as follows:

     

    
      
        	

              	1.	
                I am generally familiar with the properties, business, assets, finances and operations of the Borrower
                    and its Subsidiaries, taken as a whole, including the Transactions contemplated by the Credit Agreement.  In reaching the conclusions set forth in this Solvency Certificate, I have reviewed the Credit Agreement, considered the most
                    recent financial statements of each Loan Party, and reviewed the contents of this Solvency Certificate and, in connection therewith, have reviewed such other documentation and information made (or caused to be made) such investigations
                    and inquiries as I have deemed appropriate, having taken into account the nature of the particular business anticipated to be conducted by the Borrower and its Subsidiaries after the consummation of the Transactions contemplated by the
                    Credit Agreement, and am duly authorized to execute this Solvency Certificate on behalf of Borrower pursuant to the Credit Agreement; and

              

      

    

     

    
      
        	

              	2.	
                as of the date hereof and after giving effect to the Transactions and the incurrence of the indebtedness and obligations being incurred in connection with the Credit Agreement and the
                  Transactions, that, (i) the sum of the debt and liabilities (subordinated, contingent or otherwise) of the Borrower and its Subsidiaries, taken as a whole, does not exceed the fair value of the assets (at a fair valuation) of the Borrower
                  and its Subsidiaries, taken as a whole; (ii) the present fair saleable value of the assets (at a fair valuation) of the Borrower and its Subsidiaries, taken as a whole, is greater than the amount that will be required to pay the probable
                  liabilities of the Borrower and its Subsidiaries, taken as a whole, on their debts and other liabilities subordinated, contingent or otherwise as they become absolute and matured; (iii) the capital of the Borrower and its Subsidiaries,
                  taken as a whole, is not unreasonably small in relation to the business of the Borrower and its Subsidiaries, taken as a whole, as conducted or contemplated as of the date hereof; and (iv) the Borrower and its Subsidiaries, taken as a
                  whole, have not incurred and do not intend to incur, or believe that they will incur, debts or other liabilities (including current obligations and contingent liabilities) beyond their ability to pay such debt or other liabilities as they
                  become due (whether at maturity or otherwise). For the purposes hereof, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and circumstances existing at such time,
                  represents the amount that can reasonably be expected to become an actual or matured liability.

              

      

    

     

    
      D-1

      
        

    

     

    

    For the avoidance of doubt, the foregoing certifications with respect to the Borrower and its Subsidiaries include the Transferred Equity
      Interests and the Transferred Assets as such terms are defined in the Stock and Asset Purchase Agreement, dated as of April 30, 2020 between Magellan Health, Inc. and the Borrower.

     

    IN WITNESS WHEREOF, I have executed this Solvency Certificate on the date first written above.

     

    
      	
               

            	By:

            	
               

            
	
               

            	
               

            	Name:

            
	
               

            	
               

            	Title: Chief Financial Officer

    

     

    

    

    
      D-2

      
        

    

    
    ANNEX E

     

    

    

     

    TRANSACTION DESCRIPTION

     

    Except as otherwise expressly provided, capitalized terms used but not defined in this Annex E shall have the meanings set forth in the Commitment Letter.  In the case of any such capitalized term that is subject to multiple and differing definitions, the appropriate meaning hereof in this
      Annex E shall be determined by reference to the context in which it is used.

    

    

    The Borrower has entered into that certain Stock and Asset Purchase Agreement, dated as of April 30, 2020 (including all
      schedules and exhibits thereto, the “Acquisition Agreement”), with the Target.  Pursuant to the terms of the Acquisition Agreement, on the Closing Date, subject to the
      satisfaction or waiver of certain conditions set forth in the Acquisition Agreement, (a) the Target will cause certain of its affiliates to transfer to the Borrower, and the Borrower will purchase, the Transferred Equity Interests (as defined in the
      Acquisition Agreement) and (b) Seller Parties (as defined in the Acquisition Agreement) will, or will cause their applicable subsidiary to, transfer to the Borrower all of the Transferred Assets (as defined in the Acquisition Agreement).  The
      Transferred Equity Interests and the Transferred Assets are collectively referred to herein as the “Acquired Assets”.

    

    

    In connection with the foregoing it is intended that:

    

    

    
      	
              1.

            	
              The Borrower will, on or prior to the Closing Date (i) amend, restate or replace that certain Credit Agreement, dated as of June 12, 2015 (as amended and
                restated, supplemented or otherwise modified or replaced prior to the date hereof, the “Existing Credit Agreement”) to allow for additional borrowings and/or
                incur additional indebtedness under any other new credit facility in excess of the $600.0 million of term loans and $500.0 million of revolving credit facility borrowing availability under the Existing Credit Agreement (collectively, the “Incremental Borrowings”), (ii) issue and sell senior unsecured notes (the “Senior Notes”)

                to the Lenders or in a public or private offering in an aggregate amount of $400.0 million, or (iii) issue and sell equity securities (including debt securities convertible or exchangeable into or exercisable for equity securities, other
                equity-linked securities or hybrid debt-equity securities) (“New Equity,” together with any Incremental Borrowings or Senior Notes the “Permanent Financing”) in a public or private offering, in an aggregate amount of $400.0 million.

            

       

      

      
        E-1

        
          

      

       

      

    

    
      	
              2.

            	
              The cash on hand, borrowings under the Existing Credit Agreement and proceeds of the Permanent Financing or borrowings under the Facilities (to the extent
                borrowed on the Closing Date) will be applied to (i) pay the purchase price in connection with the Acquisition, (ii) pay the fees, costs and expenses incurred in connection with the Transactions (the amounts set forth in clauses (i) and (i)
                above, collectively, the “Acquisition Costs”) and (iii) satisfy any regulatory or statutory capital requirements applicable to the Borrower in connection with
                the transactions contemplated by the Acquisition Agreement.

            

    

     

    The transactions described above (including the payment of Acquisition Costs) are collectively referred to herein as the “Transactions”.

     

    

    

  

   
  E-2

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