Document:

EX-4.4

 EXHIBIT 4.4 
  

 
  

HENRY SCHEIN, INC. 
 $50,000,000
3.42% Series 2017-A Senior Notes due June 16, 2027 
 $50,000,000 3.32% Series 2018-A Senior Notes due January 2, 2028 
 $50,000,000 2.35% Series
2020-A Senior Notes due September 2, 2030 
 $50,000,000 2.48% Series 2021-A Senior Notes due June 2, 2031 
 $400,000,000 (or the Dollar Equivalent in other Available
Currencies) Master Note Facility 
  
  

THIRD AMENDED AND RESTATED MULTICURRENCY 

MASTER NOTE PURCHASE AGREEMENT 
  

 
 Dated
October 20, 2021 
  
  

 

 TABLE OF CONTENTS 

 

									
	 	  	Page	 
			
	1.	  	BACKGROUND; AMENDMENT AND RESTATEMENT OF EXISTING	  			
		  	MASTER NOTE FACILITY; AMENDMENT AND RESTATEMENT OF	  			
		  	EXISTING NOTES; AUTHORIZATION OF ISSUE OF SHELF NOTES	  	 	1	 
				
		  	1.1.	  	Background	  	 	1	 
		  	1.2.	  	Amendment and Restatement of Existing Master Note Agreement	  	 	2	 
		  	1.3.	  	Amendment and Restatement of Existing Notes	  	 	2	 
		  	1.4.	  	Authorization of Shelf Notes	  	 	4	 
			
	2.	  	SALE AND PURCHASE OF SHELF NOTES	  	 	5	 
				
		  	2.1.	  	Facility	  	 	5	 
		  	2.2.	  	Issuance Period	  	 	5	 
		  	2.3.	  	Request for Purchase	  	 	5	 
		  	2.4.	  	Rate Quotes	  	 	6	 
		  	2.5.	  	Acceptance	  	 	6	 
		  	2.6.	  	Market Disruption	  	 	7	 
		  	2.7.	  	Fees	  	 	7	 
			
	3.	  	CLOSING	  	 	9	 
				
		  	3.1.	  	Facility Closings	  	 	9	 
		  	3.2.	  	Rescheduled Facility Closings	  	 	9	 
			
	4.	  	CONDITIONS TO CLOSING	  	 	10	 
				
		  	4.1.	  	Representations and Warranties	  	 	10	 
		  	4.2.	  	Performance; No Default	  	 	10	 
		  	4.3.	  	Compliance Certificates	  	 	11	 
		  	4.4.	  	Opinions of Counsel	  	 	11	 
		  	4.5.	  	Purchase Permitted By Applicable Law, Etc.	  	 	11	 
		  	4.6.	  	Exchange of Original Notes; Sale of Other Notes	  	 	11	 
		  	4.7.	  	Payment of Fees	  	 	12	 
		  	4.8.	  	Private Placement Number	  	 	12	 
		  	4.9.	  	Changes in Corporate Structure	  	 	12	 
		  	4.10.	  	Subsidiary Guarantees	  	 	12	 
		  	4.11.	  	Amendment and Restatement of Other Shelf Agreements and Credit	  			
		  		  	Agreement	  	 	12	 
		  	4.12.	  	Proceedings and Documents	  	 	12	 
			
	5.	  	REPRESENTATIONS AND WARRANTIES OF THE COMPANY	  	 	13	 
				
		  	5.1.	  	Organization; Power and Authority	  	 	13	 
		  	5.2.	  	Authorization, Etc.	  	 	13	 
		  	5.3.	  	Disclosure	  	 	13	 
		  	5.4.	  	Organization and Ownership of Shares of Subsidiaries; Affiliates	  	 	14	 
		  	5.5.	  	Financial Statements; Material Liabilities	  	 	14	 
		  	5.6.	  	Compliance with Laws, Other Instruments, Etc.	  	 	15	 
		  	5.7.	  	Governmental Authorizations, Etc.	  	 	15	 

  
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 TABLE OF CONTENTS 

(continued) 
  

									
	 	  	Page	 
		  	5.8.	  	Litigation; Observance of Agreements, Statutes and Orders	  	 	16	 
		  	5.9.	  	Taxes	  	 	16	 
		  	5.10.	  	Title to Property; Leases	  	 	16	 
		  	5.11.	  	Licenses, Permits, Etc.	  	 	17	 
		  	5.12.	  	Compliance with ERISA	  	 	17	 
		  	5.13.	  	Private Offering by the Company	  	 	18	 
		  	5.14.	  	Use of Proceeds; Margin Regulations	  	 	18	 
		  	5.15.	  	Existing Indebtedness	  	 	19	 
		  	5.16.	  	Foreign Assets Control Regulations, Etc.	  	 	19	 
		  	5.17.	  	Status under Certain Statutes	  	 	20	 
		  	5.18.	  	Environmental Matters	  	 	20	 
		  	5.19.	  	Ranking of Obligations	  	 	20	 
			
	6.	  	REPRESENTATIONS OF THE PURCHASERS	  	 	20	 
				
		  	6.1.	  	Purchase for Investment	  	 	20	 
		  	6.2.	  	Source of Funds	  	 	21	 
			
	7.	  	INFORMATION AS TO COMPANY	  	 	23	 
				
		  	7.1.	  	Financial and Business Information	  	 	23	 
		  	7.2.	  	Officer’s Certificate	  	 	25	 
		  	7.3.	  	Visitation	  	 	26	 
		  	7.4.	  	Limitation on Disclosure Obligation	  	 	27	 
			
	8.	  	PAYMENT AND PREPAYMENT OF THE NOTES	  	 	27	 
				
		  	8.1.	  	Maturity	  	 	27	 
		  	8.2.	  	Optional Prepayments with Make-Whole Amount	  	 	28	 
		  	8.3.	  	Allocation of Partial Prepayments	  	 	28	 
		  	8.4.	  	Maturity; Surrender, Etc.	  	 	29	 
		  	8.5.	  	Purchase of Notes	  	 	29	 
		  	8.6.	  	Make-Whole Amount	  	 	29	 
		  	8.7.	  	Prepayment on a Change in Control	  	 	35	 
		  	8.8.	  	Prepayment in Connection with a Disposition	  	 	36	 
		  	8.9.	  	Swap Breakage	  	 	36	 
			
	9.	  	AFFIRMATIVE COVENANTS	  	 	38	 
				
		  	9.1.	  	Compliance with Law	  	 	38	 
		  	9.2.	  	Insurance	  	 	38	 
		  	9.3.	  	Maintenance of Properties	  	 	38	 
		  	9.4.	  	Payment of Taxes and Claims	  	 	38	 
		  	9.5.	  	Corporate Existence, Etc.	  	 	39	 
		  	9.6.	  	Books and Records	  	 	39	 
		  	9.7.	  	Priority of Obligations	  	 	39	 
		  	9.8.	  	Subsidiary Guarantees	  	 	39	 

  
 ii 

 TABLE OF CONTENTS 

(continued) 
  

									
		  	 	Page	 
			
	10.	  	NEGATIVE COVENANTS	  	 	41	 
				
		  	10.1.	  	Transactions with Affiliates	  	 	41	 
		  	10.2.	  	Merger, Consolidation, Etc.	  	 	41	 
		  	10.3.	  	Line of Business	  	 	43	 
		  	10.4.	  	Terrorism Sanctions Regulations	  	 	43	 
		  	10.5.	  	Liens	  	 	43	 
		  	10.6.	  	Indebtedness	  	 	46	 
		  	10.7.	  	Dispositions	  	 	47	 
		  	10.8.	  	ERISA	  	 	48	 
		  	10.9.	  	Leverage Ratio	  	 	48	 
			
	11.	  	EVENTS OF DEFAULT	  	 	49	 
			
	12.	  	REMEDIES ON DEFAULT, ETC.	  	 	52	 
				
		  	12.1.	  	Acceleration	  	 	52	 
		  	12.2.	  	Other Remedies	  	 	52	 
		  	12.3.	  	Rescission	  	 	53	 
		  	12.4.	  	No Waivers or Election of Remedies, Expenses, Etc.	  	 	53	 
			
	13.	  	REGISTRATION; EXCHANGE; SUBSTITUTION OF NOTES	  	 	53	 
				
		  	13.1.	  	Registration of Notes	  	 	53	 
		  	13.2.	  	Transfer and Exchange of Notes	  	 	53	 
		  	13.3.	  	Replacement of Notes	  	 	54	 
			
	14.	  	PAYMENTS ON NOTES	  	 	54	 
				
		  	14.1.	  	Place of Payment	  	 	54	 
		  	14.2.	  	Home Office Payment	  	 	55	 
			
	15.	  	EXPENSES, ETC.	  	 	55	 
				
		  	15.1.	  	Transaction Expenses	  	 	55	 
		  	15.2.	  	Survival	  	 	56	 
			
	16.	  	SURVIVAL OF REPRESENTATIONS AND WARRANTIES; ENTIRE AGREEMENT	  	 	56	 
			
	17.	  	AMENDMENT AND WAIVER	  	 	56	 
				
		  	17.1.	  	Requirements	  	 	56	 
		  	17.2.	  	Solicitation of Holders of Notes	  	 	57	 
		  	17.3.	  	Binding Effect, Etc.	  	 	58	 
		  	17.4.	  	Notes Held by Company, Etc.	  	 	58	 
			
	18.	  	NOTICES	  	 	58	 
			
	19.	  	REPRODUCTION OF DOCUMENTS	  	 	59	 
			
	20.	  	CONFIDENTIAL INFORMATION	  	 	59	 

  
 iii 

 TABLE OF CONTENTS 

(continued) 
  

									
	 	  	Page	 
			
	21.	  	SUBSTITUTION OF PURCHASER	  	 	60	 
			
	22.	  	MISCELLANEOUS	  	 	61	 
				
		  	22.1.	  	Successors and Assigns	  	 	61	 
		  	22.2.	  	Payments Due on Non-Business Days	  	 	61	 
		  	22.3.	  	Accounting Terms and Covenant Calculations	  	 	61	 
		  	22.4.	  	Severability	  	 	62	 
		  	22.5.	  	Construction, Etc.	  	 	62	 
		  	22.6.	  	Counterparts	  	 	62	 
		  	22.7.	  	Governing Law	  	 	62	 
		  	22.8.	  	Jurisdiction and Process; Waiver of Jury Trial	  	 	63	 
		  	22.9.	  	Obligation to Make Payment in the Applicable Currency	  	 	63	 
		  	22.10.	  	Determinations Involving Different Currencies	  	 	64	 
		  	22.11.	  	Divisions	  	 	64	 
		  	22.12.	  	Effect of Restatement	  	 	64	 

  
 iv 

 INFORMATION SCHEDULE – AUTHORIZED OFFICERS

  

					
	 SCHEDULE A
	  	—	  	 INFORMATION RELATING TO
PURCHASERS

	 SCHEDULE B
	  	—	  	 DEFINED TERMS

	 EXHIBIT 1.3(a)
	  	—	  	 FORM OF SERIES
2017-A NOTE

	 EXHIBIT 1.3(b)
	  	—	  	 FORM OF SERIES
2018-A NOTE

	 EXHIBIT 1.3(c)
	  	—	  	 FORM OF SERIES
2020-A NOTE

	 EXHIBIT 1.3(d)
	  	—	  	 FORM OF SERIES
2021-A NOTE

	 EXHIBIT 1.4
	  	—	  	 FORM OF SHELF NOTE

	 EXHIBIT 2
	  	—	  	 FORM OF REQUEST FOR
PURCHASE

	 EXHIBIT 3
	  	—	  	 FORM OF CONFIRMATION OF
ACCEPTANCE

	 EXHIBIT 4.3(a)
	  	—	  	 FORM OF OFFICER’S
CERTIFICATE

	 EXHIBIT 4.3(b)
	  	—	  	 FORM OF SECRETARY’S
CERTIFICATE

	 EXHIBIT 4.4(a)
	  	—	  	 FORM OF OPINION OF
SPECIAL COUNSEL FOR THE COMPANY

	 EXHIBIT 4.4(b)
	  	—	  	 FORM OF OPINION OF
SPECIAL COUNSEL FOR THE PURCHASERS

	 EXHIBIT 4.10
	  	—	  	 FORM OF CONFIRMATION OF
SUBSIDIARY GUARANTEE

	 EXHIBIT 9.8
	  	—	  	 FORM OF SUBSIDIARY
GUARANTEE

	 SCHEDULE 5.4
	  	—	  	 RESTRICTIVE AGREEMENTS

	 SCHEDULE 10.1
	  	—	  	 TRANSACTIONS WITH AFFILIATES

	 SCHEDULE 10.5
	  	—	  	 EXISTING LIENS

	 SCHEDULE 10.6
	  	—	  	EXISTING INDEBTEDNESS

 Henry Schein, Inc. 

135 Duryea Road 
 Melville, NY 11747

 $50,000,000 3.42% Series 2017-A Senior Notes due June 16, 2027 

$50,000,000 3.32% Series 2018-A Senior Notes due January 2, 2028 

$50,000,000 2.35% Series 2020-A Senior Notes due September 2, 2030 

$50,000,000 2.48% Series 2021-A Senior Notes due June 2, 2031 

$400,000,000 (or the Dollar Equivalent in other Available Currencies) Master Note Facility 

October 20, 2021 
  

	TO	 METLIFE INVESTMENT MANAGEMENT
LIMITED (“MIML”) 

 AND METLIFE
INVESTMENT MANAGEMENT, LLC (f/k/a 
 MetLife Investment Advisors Company, LLC) (“MIM,” 

and together with MIML, “MetLife”) 
  

	To	 EACH METLIFE AFFILIATE A
PARTY HERETO AND SUCH 

 OTHER
METLIFE AFFILIATES WHICH BECOME BOUND 

BY THIS AGREEMENT AS HEREINAFTER PROVIDED (each a

 “Purchaser” and collectively, the “Purchasers”) 

Ladies and Gentlemen: 
 Henry Schein, Inc., a
Delaware corporation (the “Company”), agrees with MetLife and each of the Purchasers, as defined herein, as follows: 
  

	1.	 BACKGROUND; AMENDMENT AND RESTATEMENT OF EXISTING MASTER NOTE FACILITY; AMENDMENT AND RESTATEMENT OF
EXISTING NOTES; AUTHORIZATION OF ISSUE OF SHELF NOTES. 

  

	 	1.1.	 Background. 

The Company, MetLife, the Series 2017-A Purchasers, the Series
2018-A Purchasers, the Series 2020-A Purchasers and the Series 2021-A Purchasers are currently parties to that certain Second
Amended and Restated Multicurrency Master Note Purchase Agreement, dated June 29, 2018, as amended by that certain First Amendment to Second Amended and Restated Multicurrency Master Note Purchase Agreement dated as of June 23, 2020, and
that certain Second Amendment to Second Amended and Restated Multicurrency Master Note Purchase Agreement dated as of March 5, 2021 (as so amended, the “Existing Master Note Agreement”), pursuant to which, inter alia,
(a) the Company previously issued and sold to the Series 2017-A Purchasers, and the Series 2017-A Purchasers purchased from the Company, the Company’s 3.42%
Series 2017-A Senior Notes due June 16, 2027, in the original aggregate principal amount of $50,000,000 (the “Existing Series 2017-A Notes”), (b)
the Company previously issued and sold to the Series 

 
2018-A Purchasers, and the Series 2018-A Purchasers purchased from the Company, the Company’s 3.32% Series 2018-A Senior Notes due January 2, 2028, in the original aggregate principal amount of $50,000,000 (the “Existing Series 2018-A Notes”), (c) the Company
previously issued and sold to the Series 2020-A Purchasers, and the Series 2020-A Purchasers purchased from the Company, the Company’s 2.35% Series 2020-A Senior Notes due September 2, 2030, in the original aggregate principal amount of $50,000,000 (the “Existing Series 2020-A Notes”), and
(d) the Company previously issued and sold to the Series 2021-A Purchasers, and the Series 2021-A Purchasers purchased from the Company, the Company’s 2.48%
Series 2021-A Senior Notes due June 2, 2031, in the original aggregate principal amount of $50,000,000 (the “Existing Series 2021-A Notes” and,
together with the Existing Series 2017-A Notes, the Existing Series 2018-A Notes and the Existing Series 2020-A Notes,
collectively, the “Existing Notes”). 
  

	 	1.2.	 Amendment and Restatement of Existing Master Note Agreement. 

(a) Effective upon the Restatement Date and subject to the satisfaction of the conditions precedent in Section 4, the
parties hereto hereby agree that this Agreement shall, and hereby does, amend, restate and replace in its entirety the Existing Master Note Agreement which, as so amended and restated by this Agreement, continues in full force and effect without
rescission or novation thereof. The parties hereto hereby acknowledge and agree that the amendments to the Existing Master Note Agreement set forth herein could have been effected through an agreement or instrument amending such agreement, and for
convenience, the parties hereto have agreed to restate the terms and provisions of the Existing Master Note Agreement, as amended hereby, pursuant to this Agreement. Effective upon the Restatement Date, the Existing Master Note Agreement will no
longer have any notes outstanding (all of the Notes being outstanding under this Agreement effective on such date). 
 (b)
Notwithstanding the foregoing, the representations and warranties of the Company set forth in Section 5 of the Existing Master Note Agreement shall be deemed to survive the amendment and restatement of the Existing Master Note Agreement, and
the representations and warranties of the Company set forth in Section 5 of this Agreement shall be deemed to be additional representations and warranties of the Company made as of the date of this Agreement. Further, the representations and
warranties of the Existing Purchasers set forth in Section 6 of the Existing Master Note Agreement shall be deemed to survive the amendment and restatement of the Existing Master Note Agreement. 

 

	 	1.3.	 Amendment and Restatement of Existing Notes. 

(a) The Company hereby agrees, and subject to the satisfaction of the conditions precedent set forth in Section 4 of this
Agreement, each Series 2017-A Purchaser, by its execution of this Agreement, hereby agrees and consents to the amendment and restatement in their entirety of the Existing Series
2017-A Notes, effective as of the Restatement Date, on the terms set forth in this Section 1.3(a). Each Existing Series 2017-A Note is hereby and shall be deemed to
be, automatically and without any further action, amended and restated in its entirety in the form of Exhibit 1.3(a) (as so amended and restated, and as may be further amended, restated, 

  
 2 

 
supplemented or otherwise modified from time to time, the “Series 2017-A Notes”, such term to include any such notes issued in
substitution, replacement or exchange therefore pursuant to Section 13), except that the payee, date, registration number and principal amount set forth in each Existing Series 2017-A Note shall remain
the same; provided, however, at the request of any Series 2017-A Purchaser, the Company shall execute and deliver a new Series 2017-A Note or Series 2017-A Notes in the form of such Exhibit 1.3(a) in exchange for its Existing Series 2017-A Note, registered in the name of such holder, in the aggregate principal
amount of the Series 2017-A Notes owing to such holder on the date hereof and dated the date of the last interest payment made to such holder in respect of its Existing Series
2017-A Notes or dated the date of such holder’s Existing Series 2017-A Notes if no interest shall have been paid thereon. 

(b) The Company hereby agrees, and subject to the satisfaction of the conditions precedent set forth in Section 4 of this
Agreement, each Series 2018-A Purchaser, by its execution of this Agreement, hereby agrees and consents to the amendment and restatement in their entirety of the Existing Series
2018-A Notes, effective as of the Restatement Date, on the terms set forth in this Section 1.3(b). Each Existing Series 2018-A Note is hereby and shall be deemed to
be, automatically and without any further action, amended and restated in its entirety in the form of Exhibit 1.3(b) (as so amended and restated, and as may be further amended, restated, supplemented or otherwise modified from time to time,
the “Series 2018-A Notes”, such term to include any such notes issued in substitution, replacement or exchange therefore pursuant to Section 13), except that the payee, date, registration
number and principal amount set forth in each Existing Series 2018-A Note shall remain the same; provided, however, at the request of any Series 2018-A Purchaser, the
Company shall execute and deliver a new Series 2018-A Note or Series 2018-A Notes in the form of such Exhibit 1.3(b) in exchange for its Existing Series 2018-A Note, registered in the name of such holder, in the aggregate principal amount of the Series 2018-A Notes owing to such holder on the date hereof and dated the date of
the last interest payment made to such holder in respect of its Existing Series 2018-A Notes or dated the date of such holder’s Existing Series 2018-A Notes if no
interest shall have been paid thereon. 
 (c) The Company hereby agrees, and subject to the satisfaction of the conditions
precedent set forth in Section 4 of this Agreement, each Series 2020-A Purchaser, by its execution of this Agreement, hereby agrees and consents to the amendment and restatement in their entirety of the
Existing Series 2020-A Notes, effective as of the Restatement Date, on the terms set forth in this Section 1.3(c). Each Existing Series 2020-A Note is hereby and
shall be deemed to be, automatically and without any further action, amended and restated in its entirety in the form of Exhibit 1.3(c) (as so amended and restated, and as may be further amended, restated, supplemented or otherwise modified
from time to time, the “Series 2020-A Notes”, such term to include any such notes issued in substitution, replacement or exchange therefore pursuant to Section 13), except that the payee,
date, registration number and principal amount set forth in each Existing Series 2020-A Note shall remain the same; provided, however, at the request of any Series
2020-A Purchaser, the Company shall execute and deliver a new Series 2020-A Note or Series 2020-A Notes in the form of such
Exhibit 1.3(c) in exchange for its Existing Series 2020-A Note, registered in the name of such 

  
 3 

 
holder, in the aggregate principal amount of the Series 2020-A Notes owing to such holder on the date hereof and dated the date of the last interest
payment made to such holder in respect of its Existing Series 2020-A Notes or dated the date of such holder’s Existing Series 2020-A Notes if no interest shall have
been paid thereon. 
 (d) The Company hereby agrees, and subject to the satisfaction of the conditions precedent set forth in
Section 4 of this Agreement, each Series 2021-A Purchaser, by its execution of this Agreement, hereby agrees and consents to the amendment and restatement in their entirety of the Existing Series 2021-A Notes, effective as of the Restatement Date, on the terms set forth in this Section 1.3(d). Each Existing Series 2021-A Note is hereby and shall be deemed to be,
automatically and without any further action, amended and restated in its entirety in the form of Exhibit 1.3(d) (as so amended and restated, and as may be further amended, restated, supplemented or otherwise modified from time to time, the
“Series 2021-A Notes”, such term to include any such notes issued in substitution, replacement or exchange therefore pursuant to Section 13), except that the payee, date, registration
number and principal amount set forth in each Existing Series 2021-A Note shall remain the same; provided, however, at the request of any Series 2021-A Purchaser, the
Company shall execute and deliver a new Series 2021-A Note or Series 2021-A Notes in the form of such Exhibit 1.3(d) in exchange for its Existing Series 2021-A Note, registered in the name of such holder, in the aggregate principal amount of the Series 2021-A Notes owing to such holder on the date hereof and dated the date of
the last interest payment made to such holder in respect of its Existing Series 2021-A Notes or dated the date of such holder’s Existing Series 2021-A Notes if no
interest shall have been paid thereon. 
 1.4. Authorization of Shelf Notes. The Company may, from time to time, authorize the
issue of its senior promissory notes (the “Shelf Notes”, such term to include any such notes issued in substitution thereof pursuant to Section 13) in an aggregate principal amount not to exceed $400,000,000 (or the Dollar
Equivalent in other Available Currencies), to be dated the date of issue thereof, to mature, in the case of each Shelf Note so issued, no more than fifteen (15) years after the date of original issuance thereof, to have an average life, in the
case of each Shelf Note so issued, of no more than twelve (12) years after the date of original issuance thereof, to bear interest on the unpaid balance thereof from the date thereof at the rate per annum, and to have such other particular
terms, as shall be set forth, in the case of each Shelf Note so issued, in the Confirmation of Acceptance with respect to such Note delivered pursuant to Section 2.5, to be substantially in the form of Exhibit 1.4 attached hereto. The terms
“Note” and “Notes” as used herein shall include the Series 2017-A Notes, the Series 2018-A Notes, the Series 2020-A Notes, the Series 2021-A Notes and each Shelf Note delivered pursuant to any provision of this Agreement and each Note delivered in substitution or exchange for any
such Note pursuant to any such provision. Notes which have (i) the same final maturity, (ii) the same principal prepayment dates, (iii) the same principal prepayment amounts (as a percentage of the original principal amount of each
Note), (iv) the same interest rate, (v) the same interest payment dates, (vi) the same interest payment periods, (vii) the same currency specification, and (viii) the same date of issuance (which, in the case of a Note issued in
exchange for another Note, shall be deemed for these purposes the date on which such Note’s ultimate predecessor Note was issued), are herein called a “Series” of Notes. Certain capitalized and other terms used in this
Agreement are defined in Schedule B; and references to a “Schedule” or an “Exhibit” are, unless otherwise specified, to a Schedule or an Exhibit attached to this Agreement. 

  
 4 

	2.	 SALE AND PURCHASE OF SHELF NOTES. 

 

	 	2.1.	 Facility. 

MetLife is willing to consider, in its sole discretion and within the limits which may be authorized for purchase by MetLife Affiliates from
time to time, the purchase of Shelf Notes pursuant to this Agreement. The willingness of MetLife to consider such purchase of Shelf Notes is herein called the “Facility”. At any time the aggregate principal amount of Shelf Notes in
Section 1.4, minus the aggregate principal amount of Shelf Notes purchased and sold pursuant to this Agreement and outstanding at such time, minus the aggregate principal amount of Accepted Notes (as hereinafter defined) which have not yet been
purchased and sold hereunder prior to such time, is herein called the “Available Facility Amount” at such time. For the purposes of the preceding sentence, all aggregate principal amounts of Shelf Notes and Accepted Notes shall be
calculated in Dollars; with respect to any Shelf Notes denominated or Accepted Notes to be denominated in any Available Currency other than Dollars, the Dollar Equivalent of Shelf Notes or Accepted Notes shall be used for such calculation. For the
avoidance of doubt, the Available Facility Amount shall be increased by the principal amount of any outstanding Shelf Notes which are repaid or prepaid prior to the expiration of the Issuance Period (but in no event shall the Available Facility
Amount exceed $400,000,000 at any time). NOTWITHSTANDING THE WILLINGNESS OF METLIFE TO CONSIDER PURCHASES OF SHELF NOTES BY METLIFE AFFILIATES, THIS AGREEMENT IS ENTERED INTO ON THE EXPRESS UNDERSTANDING THAT NEITHER METLIFE NOR ANY METLIFE
AFFILIATE SHALL BE OBLIGATED TO MAKE OR ACCEPT OFFERS TO PURCHASE SHELF NOTES, OR TO QUOTE RATES, SPREADS OR OTHER TERMS WITH RESPECT TO SPECIFIC PURCHASES OF SHELF NOTES, AND THE FACILITY SHALL IN NO WAY BE CONSTRUED AS A COMMITMENT BY METLIFE OR
ANY METLIFE AFFILIATE. 
  

	 	2.2.	 Issuance Period. 

Shelf Notes may be issued and sold pursuant to this Agreement until the earlier of (i) October 20, 2026 (or if such day is not a
Business Day, the Business Day next succeeding such day) and (ii) the thirtieth (30th) day after MetLife shall have given to the Company, or the Company shall have given to MetLife, a written
notice stating that it elects to terminate the issuance and sale of Shelf Notes pursuant to this Agreement (or if such thirtieth day is not a Business Day, the Business Day next preceding such thirtieth day). The period during which Shelf Notes may
be issued and sold pursuant to this Agreement is herein called the “Issuance Period”. 
  

	 	2.3.	 Request for Purchase. 

The Company may from time to time during the Issuance Period make requests for purchases of Shelf Notes (each such request being herein called
a “Request for Purchase”). Each Request for Purchase shall be made to MetLife by email or overnight delivery service, and shall (i) specify the currency (which shall be an Available Currency) of the Shelf Notes covered thereby,
which shall not be less than $10,000,000 (or its equivalent in another Available Currency) and not 

  
 5 

 
be greater than the Available Facility Amount at the time such Request for Purchase is made, (ii) specify the aggregate principal amount of Shelf Notes covered thereby and not be greater
than the Available Facility Amount at the time such Request for Purchase is made, (iii) specify the principal amounts, final maturities and principal prepayment dates and amounts of the Shelf Notes covered thereby, (iv) specify the use of
proceeds of such Shelf Notes, (v) specify whether interest payments are to be made quarterly or semi-annually, (vi) specify the proposed day for the closing of the purchase and sale of such Shelf Notes, which shall be a Business Day during
the Issuance Period not less than ten (10) days and not more than thirty (30) days after the making of such Request for Purchase, (vii) specify the number of the account and the name and address of the depository institution to which
the purchase prices of such Shelf Notes are to be transferred on the Closing Day for such purchase and sale, (viii) certify that the representations and warranties contained in Section 5 are true in all material respects on and as of the
date of such Request for Purchase and that there exists on the date of such Request for Purchase no Event of Default or Default, and (ix) be substantially in the form of Exhibit 2 attached hereto. Each Request for Purchase shall be in
writing signed by the Company and shall be deemed made when received by MetLife. 
  

	 	2.4.	 Rate Quotes. 

Not later than five (5) Business Days after the Company shall have given MetLife a Request for Purchase pursuant to Section 2.3,
MetLife may, but shall be under no obligation to, provide to the Company by telephone or e-mail, in each case between 9:30 A.M. and 1:30 P.M. New York City local time (or such later time as MetLife may elect)
interest rate quotes for the several currencies, principal amounts, maturities and principal prepayment schedules and interest payment periods (whether quarterly or semi-annually) of Shelf Notes specified in such Request for Purchase (each such
interest rate quote provided in response to a Request for Purchase herein called a “Quotation”). Each Quotation shall represent the interest rate per annum payable on the outstanding principal balance of such Shelf Notes at which a
MetLife Affiliate would be willing to purchase such Shelf Notes at 100% of the principal amount thereof. 
  

	 	2.5.	 Acceptance. 

Within the Acceptance Window, an Authorized Officer of the Company may, subject to Section 2.6, elect to accept on behalf of the Company
a Quotation as to the aggregate principal amount of the Shelf Notes specified in the related Request for Purchase (each such Shelf Note being herein called an “Accepted Note” and such acceptance being herein called an
“Acceptance”). The day the Company notifies MetLife of an Acceptance with respect to any Accepted Notes is herein called the “Acceptance Day” for such Accepted Notes. Any Quotation as to which MetLife does not
receive an Acceptance within the Acceptance Window shall expire, and no purchase or sale of Shelf Notes hereunder shall be made based on any such expired Quotation. Subject to Section 2.6 and the other terms and conditions hereof, the Company
agrees to sell to one or more MetLife Affiliates, and such MetLife Affiliates agree to purchase the Accepted Notes at 100% of the principal amount of such Notes, which purchase price shall be paid in the currency in which such Notes are denominated.
As soon as practicable following the Acceptance Day, the Company and each MetLife Affiliate which is to purchase any such Accepted Notes will execute a confirmation of such Acceptance substantially in the form of Exhibit 3 attached hereto
(herein called a “Confirmation of Acceptance”). If the Company should fail to execute and return to MetLife within three (3) Business Days following the Company’s receipt thereof a Confirmation of Acceptance with respect
to any Accepted Notes, MetLife may, at its election at any time prior to MetLife’s receipt thereof, cancel the closing with respect to such Accepted Notes by so notifying the Company in writing. 

  
 6 

	 	2.6.	 Market Disruption. 

Notwithstanding the provisions of Section 2.5, any Quotation provided pursuant to Section 2.4 shall expire if, prior to the time an
Acceptance with respect to such Quotation shall have been notified to MetLife in accordance with Section 2.5, (i) in the case of any Shelf Notes to be denominated in Dollars, the domestic market for U.S. Treasury securities or derivatives shall
have closed or there shall have occurred a general suspension, material limitation, or significant disruption of trading in securities generally on the New York Stock Exchange or in the domestic market for U.S. Treasury securities or derivatives, or
(ii) in the case of Shelf Notes to be denominated in a currency other than Dollars, the markets for the relevant government securities (which in the case of the Euro, shall be the German Bund) or the Euro
Mid-Swap or the spot and forward currency market, the financial futures market or the interest rate swap market shall have closed or there shall have occurred a general suspension, material limitation, or
significant disruption of trading. No purchase or sale of Shelf Notes hereunder shall be made based on such expired Quotation. If the Company thereafter notifies MetLife of the Acceptance of any such Quotation, such Acceptance shall be ineffective
for all purposes of this Agreement, and MetLife shall promptly notify the Company that the provisions of this Section 2.6 are applicable with respect to such Acceptance. 
  

	 	2.7.	 Fees. 

(a) Structuring Fee. In consideration for the time, effort and expense involved in the preparation, negotiation and
execution of this Agreement, at the time of the execution and delivery of this Agreement by the Company and MetLife, the Company will pay to MetLife in immediately available funds a fee (herein called the “Structuring Fee”) as
mutually agreed upon, in accordance with the wire instructions that MetLife shall provide. 
 (b) Delayed Delivery
Fee. If the closing of the purchase and sale of any Accepted Note is delayed for any reason beyond the original Closing Day for such Accepted Note, the Company will pay to each Purchaser which shall have agreed to purchase such Accepted Note on
the Cancellation Date or actual closing date of such purchase and sale, an amount (herein called the “Delayed Delivery Fee”) equal to: 

(A) in the case of an Accepted Note denominated in Dollars, the product of (i) the amount determined by the Lead
Purchaser, after consultation with the other Purchasers, to be the amount by which the bond equivalent yield per annum of such Accepted Note exceeds the investment rate per annum on an alternative Dollar investment of the highest quality selected,
by the Lead Purchaser, after consultation with the other Purchasers, and having a maturity date or dates the same as, or closest to, the Rescheduled Closing Day from time to time fixed for the delayed delivery of such Accepted Note,
(ii) the principal amount of such Accepted Note, and (iii) a fraction the numerator of which is equal to the number of actual days elapsed from and including the original Closing Day for such Accepted Note to but excluding the date of such
payment, and the denominator of which is three hundred and sixty (360); and 

  
 7 

 (B) in the case of an Accepted Note denominated in a currency other than
Dollars, the sum of (i) the product of (x) the amount by which the bond equivalent yield per annum of such Accepted Note exceeds the arithmetic average of the Overnight Interest Rates on each day from and including the original Closing Day
for such Accepted Note, (y) the principal amount of such Accepted Note, and (z) a fraction the numerator of which is equal to the number of actual days elapsed from and including the original Closing Day for such Accepted Note to but
excluding the date of such payment, and the denominator of which is 360 (in case of any Accepted Note denominated in Euros or Australian Dollars) or 365 (in the case of any Accepted Note denominated in British Pounds) and (ii) the costs and
expenses (if any) reasonably incurred by such Purchaser or its affiliates with respect to any interest rate, currency exchange or similar agreement entered into by the Purchaser or any such affiliate in connection with the delayed closing of such
Accepted Notes. 
 In no case shall the Delayed Delivery Fee be less than zero. The Delayed Delivery Fee described in clause (B) above
shall be paid in the currency in which the Accepted Notes are denominated. Nothing contained herein shall obligate any Purchaser to purchase any Accepted Note on any day other than the Closing Day for such Accepted Note, as the same may be
rescheduled from time to time in compliance with Section 3.2. 
 (c) Cancellation Fee. If, on or after the
Acceptance Day, the Company at any time notifies MetLife and each Purchaser in writing that the Company is canceling the closing of the purchase and sale of any Accepted Note, or if MetLife or a Purchaser notifies the Company in writing under the
circumstances set forth in the last sentence of Section 2.5 or the penultimate sentence of Section 3.2 that the closing of the purchase and sale of such Accepted Note is to be canceled, or if the closing of the purchase and sale of such
Accepted Note is not consummated on or prior to the last day of the Issuance Period (the date of any such notification, or the last day of the Issuance Period, as the case may be, being herein called the “Cancellation Date”), the
Company will pay to each Purchaser which shall have agreed to purchase such Accepted Note no later than one Business Day after the Cancellation Date in immediately available funds an amount (the “Cancellation Fee”) equal to: 

(A) in the case of an Accepted Note denominated in Dollars, the product of (i) the principal amount of such Accepted Note
and (ii) the quotient (expressed in decimals) obtained by dividing (x) the excess of the ask price (as determined by the Lead Purchaser after consultation with the other Purchasers) of the Hedge Treasury Note(s) on the Cancellation
Date over the bid price (as determined by the Lead Purchaser after consultation with the other Purchasers,) of the Hedge Treasury Note(s) on the Acceptance Day for such Accepted Note by (y) such bid price, with the foregoing bid and ask prices
as reported on the Bridge\Telerate Service, or if such information ceases to be available on the Bridge\Telerate Service, any publicly available source of such market data selected, by the Lead Purchaser after consultation with the other Purchasers,
and rounded to the second decimal place; and 

  
 8 

 (B) in the case of an Accepted Note denominated in a currency other than
Dollars, the aggregate of all unwinding costs reasonably incurred by such Purchaser or its affiliates on positions executed by or on behalf of such Purchaser or such affiliates in connection with the proposed lending in such currency and setting the
coupon in such currency, including replacement positions entered into for purposes of achieving short form hedge account treatment under FAS133, provided, however, that any gain realized upon the unwinding of any such positions shall be offset
against any such unwinding costs. Such positions include (without limitation) currency and interest rate swaps, futures and forwards, government bond (including U.S. Treasury bond) hedges and currency exchange contracts, all of which may be subject
to substantial price volatility. Such costs may also include (without limitation) losses incurred by such Purchaser or its affiliates as a result of fluctuations in exchange rates. All unwinding costs incurred by such Purchaser shall be determined
by MetLife or its affiliate in accordance with generally accepted financial practice. 
 In no case shall the Cancellation Fee be less than
zero. 
  

	3.	 CLOSING. 

  

	 	3.1.	 Facility Closings. 

Not later than 11:30 A.M. (New York City local time) on the Closing Day for any Accepted Notes, the Company will deliver to each Purchaser
listed in the Confirmation of Acceptance relating thereto at the offices of Akin Gump Strauss Hauer & Feld LLP, One Bryant Park, New York, New York 10036, or at such other place pursuant to the written directions to the Company, the
Accepted Notes to be purchased by such Purchaser in the form of one or more Notes in authorized denominations as such Purchaser may request for each Series of Accepted Notes to be purchased on the Closing Day, dated the Closing Day and registered in
such Purchaser’s name (or in the name of its nominee), against payment of the purchase price thereof by transfer of immediately available funds for credit to the Company’s account specified in the Request for Purchase of such Notes. The
Restatement Closing and each Shelf Closing are hereafter sometimes each referred to as a “Closing”. 
  

	 	3.2.	 Rescheduled Facility Closings. 

If the Company fails to tender to any Purchaser the Accepted Notes to be purchased by such Purchaser on the scheduled Closing Day for such
Accepted Notes as provided above in Section 3.1, or any of the conditions specified in Section 4 shall not have been fulfilled by the time required on such scheduled Closing Day, the Company shall, prior to 2:00 P.M., New York City local
time, on such scheduled Closing Day notify each Purchaser in writing whether (a) such closing is to be rescheduled (such rescheduled date to be a Business Day during the Issuance Period not less than one (1) Business Day and not more than
ten (10) Business Days after such scheduled 

  
 9 

 
Closing Day (the “Rescheduled Closing Day”)) and certify that the Company reasonably believes that it will be able to comply with the conditions set forth in Section 4 on
such Rescheduled Closing Day and that the Company will pay the Delayed Delivery Fee in accordance with Section 2.7(b) or (b) such closing is to be canceled. If a Rescheduled Closing Day is established in respect of Notes denominated in a
currency other than Dollars, such Notes shall have the same maturity date, principal prepayment dates and amounts and interest payment dates as originally scheduled. In the event that the Company shall fail to give such notice referred to in the
second preceding sentence, the Lead Purchaser, after consultation with the other Purchasers, may at its election, at any time after 2:00 P.M., New York City local time, on such scheduled Closing Day, notify the Company in writing that such closing
is to be canceled. Notwithstanding anything to the contrary appearing in this Agreement, the Company may not elect to reschedule a closing with respect to any given Accepted Notes on more than one occasion, unless the Lead Purchaser, after
consultation with the other Purchasers, shall have otherwise consented in writing. 
  

	4.	 CONDITIONS TO CLOSING. 

The obligations of MetLife and the Existing Purchasers to enter into this Agreement to amend and restate the Existing Master Note Agreement
and the Existing Notes and to make the Facility available to the Company is subject to the satisfaction, on or before the Restatement Date, of the conditions set forth in this Section 4 (other than the conditions set forth in Sections 4.5 and
4.8). Each Purchaser’s obligation to purchase and pay for the Notes to be sold to such Purchaser at the Closing for such Notes is subject to the fulfillment to such Purchaser’s reasonable satisfaction, prior to or at such Closing, of the
conditions set forth in this Section 4 (other than the condition set forth in Section 4.11). 
  

	 	4.1.	 Representations and Warranties. 

The representations and warranties of the Company in this Agreement shall be correct in all material respects when made and at the time of the
applicable Closing (except (i) to the extent of changes caused by the transactions herein contemplated and (ii) with respect to Section 5.8, as disclosed in the Company’s Quarterly Report on Form
10-Q or in the Company’s Annual Report on Form 10-K most recently filed with the Securities and Exchange Commission, provided that, in the case of any Shelf
Closing, such Form 10-Q or Form 10-K, as applicable, was filed at least five (5) Business Days prior to the execution of the Request for Purchase and Confirmation
of Acceptance in connection with such Shelf Closing). 
  

	 	4.2.	 Performance; No Default. 

The Company shall have performed and complied in all material respects with all agreements and conditions contained in this Agreement required
to be performed or complied with by it prior to or at such Closing and after giving effect to the issue and sale of the Notes (in the case of any Closing other than the Restatement Closing) (and the application of the proceeds thereof as
contemplated by Section 5.14), no Default or Event of Default shall have occurred and be continuing. 

  
 10 

	 	4.3.	 Compliance Certificates. 

(a) Officer’s Certificate. The Company shall have delivered to such Purchaser an Officer’s Certificate, dated
the date of such Closing, certifying that the conditions specified in Sections 4.1, 4.2 and 4.9 have been fulfilled, substantially in the form attached hereto as Exhibit 4.3(a). 

(b) Secretary’s Certificate. The Company shall have delivered to such Purchaser a certificate of its Secretary or
an Assistant Secretary, dated the date of such Closing, certifying as to the resolutions attached thereto and other corporate proceedings relating to the authorization, execution and delivery of the Notes and this Agreement, substantially in the
form attached hereto as Exhibit 4.3(b). 
  

	 	4.4.	 Opinions of Counsel. 

Such Purchaser shall have received opinions in form and substance reasonably satisfactory to such Purchaser, dated the date of such Closing
(a) from Proskauer Rose LLP, counsel for the Company, covering the matters set forth in Exhibit 4.4(a) and covering such other matters incident to the transactions contemplated hereby as such Purchaser or its counsel may reasonably request (and
the Company hereby instructs its counsel to deliver such opinion to the Purchasers) and (b) from Akin Gump Strauss Hauer & Feld LLP (or such other special counsel designated by (i) MetLife, in the case of the Restatement Closing,
and (ii) the Lead Purchaser after consultation with the other Purchasers, in the case of any other Closing), the Purchasers’ special counsel in connection with such transactions, covering the matters set forth in Exhibit 4.4(b) and
covering such other matters incident to such transactions as such Purchaser may reasonably request. 
  

	 	4.5.	 Purchase Permitted By Applicable Law, Etc. 

On the date of such Closing such Purchaser’s purchase of Notes shall (a) be permitted by the laws and regulations of each
jurisdiction to which such Purchaser is subject, without recourse to provisions (such as section 1405(a)(8) of the New York Insurance Law) permitting limited investments by insurance companies without restriction as to the character of the
particular investment, (b) not violate any applicable law or regulation (including, without limitation, Regulation T, U or X of the Board of Governors of the Federal Reserve System) and (c) not subject such Purchaser to any tax, penalty or
liability under or pursuant to any applicable law or regulation, which law or regulation was not in effect on the date hereof. 
  

	 	4.6.	 Exchange of Original Notes; Sale of Other Notes. 

(a) Exchange of Existing Notes. In the case of the Restatement Closing, each Existing Purchaser shall have received, if
requested, the replacement Notes to be delivered to such Existing Purchaser pursuant to Section 1.3. 
 (b) Sale of
Other Notes. In the case of any Closing (other than the Restatement Closing), contemporaneously with such Closing the Company shall sell to each other Purchaser and each other Purchaser shall purchase the Notes to be purchased by it at such
Closing as specified in the applicable Confirmation of Acceptance. 

  
 11 

	 	4.7.	 Payment of Fees. 

(a) Without limiting the provisions of Section 15.1, the Company shall have paid to MetLife and each Purchaser on or
before such Closing any fees due it pursuant to or in connection with this Agreement, including any Structuring Fee due pursuant to Section 2.7(a) and any Delayed Delivery Fee due pursuant to Section 2.7(b); the Structuring Fee being due
and payable on the date hereof. 
 (b) Without limiting the provisions of Section 15.1, the Company shall have paid on
or before the Restatement Date and each such Closing reasonable, documented and invoiced fees, charges and disbursements of the Purchasers’ special counsel referred to in Section 4.4 to the extent reflected in a statement of such counsel
rendered to the Company at least one (1) Business Day prior to such Closing. 
 4.8. Private Placement Number. 

A Private Placement Number issued by Standard & Poor’s CUSIP Service Bureau (in cooperation with the SVO) shall have been
obtained for such Notes. 
  

	 	4.9.	 Changes in Corporate Structure. 

Following the date of the most recent financial statements referred to in Section 5.5, except as otherwise permitted pursuant to
Section 10.2, the Company shall not have changed its jurisdiction of incorporation or organization, as applicable, and prior to the Restatement Closing, except as provided in Section 10.2, the Company shall not have been a party to any
merger or consolidation or succeeded to all or any substantial part of the liabilities of any other entity. 
  

	 	4.10.	 Subsidiary Guarantees. 

At the time of each Closing, (a) each Subsidiary that is required to become a Subsidiary Guarantor pursuant to the terms of
Section 9.8 hereof shall have executed and delivered to MetLife a Subsidiary Guarantee in favor of the holders from time to time of the Notes (and such Subsidiary Guarantee shall be in full force and effect) and shall have otherwise complied
with the requirements of Section 9.8, and (b) each existing Subsidiary Guarantor shall have delivered to the Purchasers a confirmation of subsidiary guarantee substantially in the form of Exhibit 4.10 hereto executed by each such
Subsidiary Guarantor. 
  

	 	4.11.	 Amendment and Restatement of Other Shelf Agreements and Credit Agreement. 

MetLife and each Existing Purchaser shall have received executed copies of the New York Life Master Note Facility, the Prudential Shelf
Agreement, the AIG Shelf Agreement and the Credit Agreement, along with all amendments thereto, in each case, in form and substance reasonably satisfactory to MetLife and such Existing Purchaser. 

 

	 	4.12.	 Proceedings and Documents. 

All corporate authorizations by the Company required for the transactions contemplated by this Agreement and for the execution of all
documents and instruments required to consummate such transactions shall be reasonably satisfactory to such Purchaser and its special counsel, and such Purchaser and its special counsel shall have received all such counterpart originals or certified
or other copies of such documents as such Purchaser or such special counsel may reasonably request. 

  
 12 

	5.	 REPRESENTATIONS AND WARRANTIES OF THE COMPANY. 

MetLife, the Purchasers and the holders of the Notes recognize and acknowledge that the Company may supplement the following representations
and warranties in this Section 5, including the Schedules related thereto, pursuant to a Request for Purchase; provided that (i) no such supplement to any representation or warranty applicable to any particular Closing Day shall
change or otherwise modify or be deemed or construed to change or otherwise modify any representation or warranty given on any other Closing Day or any determination of the falseness or inaccuracy thereof pursuant to Section 11(e), and
(ii) no supplement to Section 5.3 as to any particular Closing Day shall be made after the Company makes a Request for Purchase in respect of such Closing Day. The Company represents and warrants to each Purchaser that: 

 

	 	5.1.	 Organization; Power and Authority. 

The Company is a corporation duly organized, validly existing and in good standing under the laws of its jurisdiction of incorporation, and is
duly qualified as a foreign corporation, where legally applicable, and is in good standing in each jurisdiction in which such qualification is required by law, other than those jurisdictions as to which the failure to be so qualified or in good
standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Company has the corporate power and authority, in all material respects, to own or hold under lease the properties it purports to own
or hold under lease, to transact the business it transacts, to execute and deliver this Agreement and the Notes and to perform the provisions hereof and thereof. 
  

	 	5.2.	 Authorization, Etc. 

This Agreement and the Notes have been duly authorized by all necessary corporate action on the part of the Company, and this Agreement
constitutes, and upon execution and delivery thereof each Note will constitute, a legal, valid and binding obligation of the Company enforceable against the Company in accordance with its terms, except as such enforceability may be limited by
(i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is
considered in a proceeding in equity or at law). 
  

	 	5.3.	 Disclosure. 

This Agreement and the documents, certificates or other writings (including the financial statements described in Section 5.5 and the
financial statements provided pursuant to the terms hereof) delivered to the Purchasers by or on behalf of the Company in connection with the transactions contemplated hereby (this Agreement and such documents, certificates or other writings and
financial statements delivered to each Purchaser prior to the date of delivery of the applicable Request for Purchase being referred to, collectively, as the “Disclosure Documents”), taken as a whole, do not contain any untrue
statement of a material fact or omit to state any material fact necessary to make the statements therein not misleading in light of the circumstances under 

  
 13 

 
which they were made. Except as disclosed in the Disclosure Documents, since the end of the most recent fiscal year for which audited financial statements have been furnished there has been no
change in the financial condition, operations, business or properties of the Company or any Subsidiary except changes that individually or in the aggregate could not reasonably be expected to have a Material Adverse Effect. There is no fact known to
the Company that could reasonably be expected to have a Material Adverse Effect that has not been set forth herein or in the Disclosure Documents. For the purposes of this Section 5.3, the Disclosure Documents shall be deemed to include all
filings made with, or furnished to, the Securities and Exchange Commission by the Company pursuant to sections 13 or 15(d) of the Exchange Act, and the Company shall be deemed to have made delivery of any such Disclosure Document if it shall have
timely made such Disclosure Document available on the Securities and Exchange Commission’s Electronic Data Gathering Analysis, and Retrieval system, or its successor thereto (“EDGAR”). 

5.4. Organization and Ownership of Shares of Subsidiaries; Affiliates. 

(a) Each Subsidiary is a corporation or other legal entity duly organized, validly existing and in good standing under the laws
of its jurisdiction of organization, and is duly qualified as a foreign corporation or other legal entity and, where legally applicable, is in good standing in each jurisdiction in which such qualification is required by law, other than those
jurisdictions as to which the failure to be so qualified or in good standing could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Each such Subsidiary has the corporate or other power and authority,
in all material respects, to own or hold under lease the properties it purports to own or hold under lease and to transact the business it transacts. 

(b) No Subsidiary is a party to, or otherwise subject to any Material legal, regulatory, contractual or other restriction
(other than this Agreement, the agreements listed on Schedule 5.4, organizational documents of Subsidiaries that are joint ventures to the extent such documents restrict the ability of such Subsidiaries to pay dividends or make similar
distributions, agreements governing Indebtedness of Subsidiaries that are joint ventures owed to the Company or any other lender provided the Company is the administrative agent (or equivalent role) thereunder to the extent such agreements restrict
the ability of such Subsidiaries to pay dividends or make similar distributions, and customary limitations imposed by corporate law or similar statutes) restricting the ability of such Subsidiary to pay dividends out of profits or make any other
similar distributions of profits to the Company or any of its Subsidiaries that owns outstanding shares of capital stock or similar equity interests of such Subsidiary. 
  

	 	5.5.	 Financial Statements; Material Liabilities. 

The Company has delivered to each Existing Purchaser and each Purchaser of any Accepted Notes the following financial statements identified by
a principal financial officer of the Company: (i) consolidating and consolidated balance sheets of the Company and its consolidated Subsidiaries as at the last day of each of the three fiscal years of the Company most recently completed prior
to the date as of which this representation is made or repeated to such Purchaser (other than fiscal years completed within 90 days prior to such date for which audited financial statements have not been released) and consolidating and consolidated
statements of operations, 

  
 14 

 
cash flows and stockholders’ equity of the Company and its consolidated Subsidiaries for each such year, all reported on by BDO Seidman, LLP and (ii) consolidating and consolidated
balance sheets of the Company and its consolidated Subsidiaries as at the end of the quarterly period (if any) most recently completed prior to such date and after the end of such fiscal year (other than quarterly periods completed within 45 days
prior to such date for which financial statements have not been released) and the comparable quarterly period in the preceding fiscal year and consolidating and consolidated statements of operations, cash flows and stockholders’ equity for the
periods from the beginning of the fiscal years in which such quarterly periods are included to the end of such quarterly periods, prepared by the Company. All of said financial statements (including in each case the related schedules and notes)
fairly present in all material respects the consolidated financial position of the Company and its Subsidiaries as of the respective dates thereof and the consolidated results of their operations and cash flows for the respective periods indicated
and have been prepared in accordance with GAAP consistently applied throughout the periods involved except as set forth in the notes thereto (subject, in the case of any interim financial statements, to normal, recurring, year-end audit adjustments and the absence of GAAP notes thereto). The Company shall be deemed to satisfy the delivery requirements of this Section 5.5 if the Company’s Annual Report on Form 10-K or Quarterly Report on Form 10-Q, as applicable, each prepared in accordance with the requirements therefor and filed with the Securities and Exchange Commission, are
made available on EDGAR. 
  

	 	5.6.	 Compliance with Laws, Other Instruments, Etc. 

The execution, delivery and performance by the Company of this Agreement and the Notes will not: 

(a) contravene, result in any breach of, or constitute a default under, or result in the creation of any Lien in respect of any
property of the Company or any Subsidiary under, (i) the corporate charter or by-laws of the Company or any Subsidiary, or (ii) any Material indenture, mortgage, deed of trust, loan, purchase or
credit agreement, lease, or any other Material agreement or instrument to which the Company or any Subsidiary is bound or by which the Company or any Subsidiary or any of their respective properties may be bound or affected; 

(b) conflict with or result in a breach of any of the terms, conditions or provisions of any order, judgment, decree, or ruling
of any court, arbitrator or Governmental Authority applicable to the Company or any Subsidiary; or 
 (c) violate any
provision of any statute or other rule or regulation of any Governmental Authority applicable to the Company or any Subsidiary, 
 except for any such
contravention, breach, default, creation of a Lien, conflict or violation described in any of clauses (b), and (c) above which, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 

 

	 	5.7.	 Governmental Authorizations, Etc. 

No consent, approval or authorization of, or registration, filing or declaration with, any Governmental Authority is required in connection
with the execution, delivery or performance by the Company of this Agreement or the Notes, except such filings as might be required to perfect any Liens granted to the holders of the Notes. 

  
 15 

	 	5.8.	 Litigation; Observance of Agreements, Statutes and Orders. 

(a) There are no actions, suits, investigations or proceedings pending or, to the knowledge of the Company, threatened against
the Company or any Subsidiary or any property of the Company or any Subsidiary in any court or before any arbitrator of any kind or before or by any Governmental Authority (i) with respect to any of the Financing Documents or any of the
transactions contemplated hereby or thereby, or (ii) except as set forth in the Company’s Quarterly Report on Form 10-Q or in the Company’s Annual Report on Form
10-K, in each case, most recently filed with the Securities and Exchange Commission, provided that, in the case of any Shelf Closing, such Form 10-Q or Form 10-K, as applicable, was filed at least five (5) Business Days prior to the execution of the Request for Purchase and Confirmation of Acceptance in connection with such Shelf Closing, (x) as to which there
is a reasonable likelihood of an adverse determination and (y) that, if adversely determined, would, individually or in the aggregate, have a Material Adverse Effect. 

(b) Neither the Company nor any Subsidiary is in default under any term of any agreement or instrument to which it is a party
or by which it is bound, or any order, judgment, decree or ruling of any court, arbitrator or Governmental Authority or is in violation of any applicable law, ordinance, rule or regulation (including, without limitation, Environmental Laws or the
USA Patriot Act) of any Governmental Authority, which default or violation, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 
  

	 	5.9.	 Taxes. 

The Company and its Subsidiaries have filed all material tax returns that are required to have been filed in any jurisdiction, and have paid
all taxes shown to be due and payable on such returns and all other taxes and assessments levied upon them or their properties, assets, income or franchises, to the extent such taxes and assessments have become due and payable and before they have
become delinquent, except for any taxes and assessments (i) the amount of which is not individually or in the aggregate Material or (ii) the amount, applicability or validity of which is currently being contested in good faith by
appropriate proceedings and with respect to which the Company or a Subsidiary, as the case may be, has established adequate reserves in accordance with GAAP. 
  

	 	5.10.	 Title to Property; Leases. 

Each of the Company and its Subsidiaries have good record and marketable title in fee simple to, or valid leasehold interests in, all real
property necessary and used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

  
 16 

	 	5.11.	 Licenses, Permits, Etc. 

(a) The Company and its Subsidiaries own or possess in all material respects all licenses, permits, franchises, authorizations,
patents, copyrights, proprietary software, service marks, trademarks and trade names, or rights thereto, that individually or in the aggregate are Material, without known conflict with the rights of others except for such conflicts as could not,
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (b) To the best knowledge of
the Company, no product of the Company or any of its Subsidiaries infringes any license, permit, franchise, authorization, patent, copyright, proprietary software, service mark, trademark, trade name or other right owned by any other Person in any
respect that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 
 (c) To the
best knowledge of the Company, there is no violation by any Person of any right of the Company or any of its Subsidiaries with respect to any patent, copyright, proprietary software, service mark, trademark, trade name or other right owned or used
by the Company or any of its Subsidiaries that, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 
  

	 	5.12.	 Compliance with ERISA. 

(a) The Company and each ERISA Affiliate have operated and administered each Plan in compliance with all applicable laws except
for such instances of noncompliance as have not resulted in and could not reasonably be expected to result in a Material Adverse Effect. Neither the Company nor any ERISA Affiliate has incurred any liability pursuant to Title I or IV of ERISA or the
penalty or excise tax provisions of the Code relating to employee benefit plans (as defined in section 3 of ERISA), and no event, transaction or condition has occurred or exists that could reasonably be expected to result in the incurrence of any
such liability by the Company or any ERISA Affiliate, or in the imposition of any Lien on any of the rights, properties or assets of the Company or any ERISA Affiliate, in either case pursuant to Title I or IV of ERISA or to section 430(k) of the
Code or to any such penalty or excise tax provisions under the Code or section 4068 of ERISA, other than such liabilities or Liens as would not be individually or in the aggregate Material. 

(b) The present value of the aggregate benefit liabilities under each of the Plans (other than Multiemployer Plans), determined
as of the end of such Plan’s most recently ended plan year on the basis of the actuarial assumptions specified for funding purposes in such Plan’s most recent actuarial valuation report, did not exceed the aggregate current value of the
assets of such Plan allocable to such benefit liabilities by an amount that could reasonably be expected to result in a Material Adverse Effect. The term “benefit liabilities” has the meaning specified in section 4001 of ERISA and the
terms “current value” and “present value” have the meaning specified in section 3 of ERISA. 
 (c) The
Company and its ERISA Affiliates have not incurred withdrawal liabilities (and are not subject to contingent withdrawal liabilities) under section 4201 or 4204 of ERISA in respect of Multiemployer Plans that individually or in the aggregate are
Material. 

  
 17 

 (d) The expected postretirement benefit obligation (determined as of the
last day of the Company’s most recently ended fiscal year in accordance with Financial Accounting Standards Board Accounting Standards Codification Topic 715-60, without regard to liabilities attributable
to continuation coverage mandated by section 4980B of the Code) of the Company and its Subsidiaries is not Material or has otherwise been disclosed in the most recent audited financial statements. 

(e) The execution and delivery of this Agreement and the issuance and sale of the Notes hereunder will not involve any
transaction that is subject to the prohibitions of section 406 of ERISA or in connection with which a tax could be imposed pursuant to section 4975(c)(1)(A)-(D) of the Code. The representation by the Company to each Purchaser in the first
sentence of this Section 5.12(e) is made in reliance upon and subject to the accuracy of such Purchaser’s representation in Section 6.2 as to the sources of the funds to be used to pay the purchase price of the Notes to be purchased
by such Purchaser. 
  

	 	5.13.	 Private Offering by the Company. 

Prior to such Closing Day, neither the Company nor anyone acting on its behalf has offered the Notes or any similar securities for sale to, or
solicited any offer to buy any of the same from, or otherwise approached or negotiated in respect thereof with, any person other than the Purchasers and other Institutional Investors, each of which has been offered the Notes at a private sale for
investment. Neither the Company nor anyone acting on its behalf has taken, or will take, any action that would subject the issuance or sale of the Notes to the registration requirements of Section 5 of the Securities Act or to the registration
requirements of any securities or blue sky laws of any applicable jurisdiction. 
  

	 	5.14.	 Use of Proceeds; Margin Regulations. 

The proceeds of the sale of the Existing Notes were used as set forth in the applicable Request for Purchase (as defined in the Existing
Master Note Agreement or the First Amended and Restated Master Note Agreement or the Initial Master Note Agreement, as applicable). The Company will apply the proceeds of the sale of the Shelf Notes as set forth in the applicable Request for
Purchase. No part of the proceeds from the sale of the Notes hereunder will be used, directly or indirectly, for the purpose of buying or carrying any margin stock within the meaning of Regulation U of the Board of Governors of the Federal
Reserve System (12 CFR 221), or for the purpose of buying or carrying or trading in any securities under such circumstances as to involve the Company in a violation of Regulation X of said Board (12 CFR 224) or to involve any broker or dealer in a
violation of Regulation T of said Board (12 CFR 220). Margin stock does not constitute more than 15% of the value of the consolidated assets of the Company and its Subsidiaries and the Company does not have any present intention that margin stock
will constitute more than 15% of the value of such assets. As used in this Section, the terms “margin stock” and “purpose of buying or carrying” shall have the meanings assigned to them in said Regulation U. 

  
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	 	5.15.	 Existing Indebtedness. 

Neither the Company nor any of its Subsidiaries has outstanding any Indebtedness except as permitted by Section 10.6. 

 

	 	5.16.	 Foreign Assets Control Regulations, Etc. 

(a) Neither the Company nor any Subsidiary (i) is a Blocked Person, (ii) has been notified that its name appears or
may in the future appear on a State Sanctions List or (iii) is a target of sanctions that have been imposed by the United Nations or the European Union. 

(b) Neither the Company nor any Subsidiary (i) has violated, been found in violation of, or been charged or convicted
under, any applicable U.S. Economic Sanctions Laws, Anti-Money Laundering Laws or Anti-Corruption Laws or (ii) to the Company’s knowledge, is under investigation by any Governmental Authority for possible violation of any U.S. Economic
Sanctions Laws, Anti-Money Laundering Laws or Anti-Corruption Laws. 
 (c) No part of the proceeds from the sale of the Notes
hereunder: 
 (i) constitutes or will constitute funds obtained on behalf of any Blocked Person or will otherwise be used by
the Company or any Subsidiary, directly or, to the knowledge of the Company, indirectly, (A) in connection with any investment in, or any transactions or dealings with, any Blocked Person, (B) for any purpose that would cause any Purchaser
to be in violation of any applicable U.S. Economic Sanctions Laws or (C) otherwise in violation of any applicable U.S. Economic Sanctions Laws; 

(ii) will be used, directly or, to the knowledge of the Company, indirectly, in violation of, or cause any Purchaser to be in
violation of, any applicable Anti-Money Laundering Laws; or 
 (iii) will be used, directly or indirectly, for the purpose
of making any improper payments, including bribes, to any Governmental Official or commercial counterparty in order to obtain, retain or direct business or obtain any improper advantage, in each case which would be in violation of, or cause any
Purchaser to be in violation of, any applicable Anti-Corruption Laws. 
 (d) The Company has implemented and maintains in
effect policies and procedures designed to ensure that the Company and each Subsidiary is and will continue to be in compliance with all applicable U.S. Economic Sanctions Laws, Anti-Money Laundering Laws and Anti-Corruption Laws. 

  
 19 

	 	5.17.	 Status under Certain Statutes. 

Neither the Company nor any Subsidiary is governed by the Investment Company Act of 1940, as amended, the ICC Termination Act of 1995, as
amended, or the Federal Power Act, as amended. 
  

	 	5.18.	 Environmental Matters. 

(a) Neither the Company nor any Subsidiary has actual knowledge of any claim or has received any notice of any claim, and no
proceeding has been instituted raising any claim against the Company or any of its Subsidiaries or any of their respective real properties now or formerly owned, leased or operated by any of them or other assets, alleging any damage to the
environment or violation of any Environmental Laws, except, in each case, such as could not reasonably be expected to result in a Material Adverse Effect. 

(b) Neither the Company nor any Subsidiary has actual knowledge of any facts which would give rise to any claim, public or
private, of violation of Environmental Laws or damage to the environment emanating from or occurring on real properties now or formerly owned, leased or operated by any of them or to other assets or their use, except, in each case, such as could not
reasonably be expected to result in a Material Adverse Effect. 
 (c) Neither the Company nor any Subsidiary has stored any
Hazardous Materials on real properties now or formerly owned, leased or operated by any of them and has not disposed of any Hazardous Materials in a manner contrary to any Environmental Laws in each case in any manner that could reasonably be
expected to result in a Material Adverse Effect. 
 (d) All buildings on all real properties now owned, leased or operated by
the Company or any Subsidiary are in compliance with applicable Environmental Laws, except where failure to comply could not reasonably be expected to result in a Material Adverse Effect. 

 

	 	5.19.	 Ranking of Obligations. 

The Company’s payment obligations under this Agreement and the Notes will, upon issuance of the Notes, rank at least pari passu,
without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company. 
  

	6.	 REPRESENTATIONS OF THE PURCHASERS. 

 

	 	6.1.	 Purchase for Investment. 

Each Purchaser severally represents that it is an “accredited investor” within the meaning of Regulation D under the Securities Act
or a “qualified institutional buyer” (as such term is defined under Rule 144A promulgated under the Securities Act, or any successor law, rule or regulation) and that (a) in the case of any Purchaser (other than an Existing
Purchaser), it is purchasing the Notes purchased by it hereunder, and (b) in the case of an Existing Purchaser, it purchased the Existing Notes purchased by it under the Existing Master Note Agreement or the

  
 20 

 
First Amended and Restated Master Note Agreement or the Initial Master Note Agreement, as applicable, in each case, for its own account or for one or more separate accounts maintained by such
Purchaser or for the account of one or more pension or trust funds and not with a view to the distribution thereof, provided that the disposition of such Purchaser’s or such pension or trust fund’s property shall at all times be within
such Purchaser’s or their control. Each Purchaser understands that the Notes have not been registered under the Securities Act and may be resold only if registered pursuant to the provisions of the Securities Act or if an exemption from
registration is available, except under circumstances where neither such registration nor such an exemption is required by law, and that the Company is not required to and has no intention to register the Notes. 

 

	 	6.2.	 Source of Funds. 

At least one of the following statements was as of the date of the purchase of the applicable Existing Notes an accurate representation as to
each source of funds (a “Source”) used by such Existing Purchaser to pay the entire purchase price of such Existing Notes purchased by such Existing Purchaser under the Existing Master Note Agreement or the First Amended and
Restated Master Note Agreement or the Initial Master Note Agreement, as applicable, and each Purchaser (other than an Existing Purchaser) severally represents that at least one of the following statements is an accurate representation as to each
Source to be used by such Purchaser to pay the entire purchase price of the Notes to be purchased by it hereunder: 
 (a) the
Source is an “insurance company general account” (as the term is defined in the United States Department of Labor’s Prohibited Transaction Exemption (“PTE”) 95-60) in respect of
which the reserves and liabilities (as defined by the annual statement for life insurance companies approved by the National Association of Insurance Commissioners (the “NAIC Annual Statement”)) for the general account contract(s)
held by or on behalf of any employee benefit plan together with the amount of the reserves and liabilities for the general account contract(s) held by or on behalf of any other employee benefit plans maintained by the same employer (or affiliate
thereof as defined in PTE 95-60) or by the same employee organization in the general account do not exceed 10% of the total reserves and liabilities of the general account (exclusive of separate account
liabilities) plus surplus as set forth in the NAIC Annual Statement filed with such Purchaser’s state of domicile; or 

(b) the Source is a separate account that is maintained solely in connection with such Purchaser’s fixed contractual
obligations under which the amounts payable, or credited, to any employee benefit plan (or its related trust) that has any interest in such separate account (or to any participant or beneficiary of such plan (including any annuitant)) are not
affected in any manner by the investment performance of the separate account; or 
 (c) the Source is either (i) an
insurance company pooled separate account, within the meaning of PTE 90-1 or (ii) a bank collective investment fund, within the meaning of the PTE 91-38 and, except
as disclosed by such Purchaser to the Company in writing pursuant to this clause (c), no employee benefit plan or group of plans maintained by the same employer or employee organization beneficially owns more than 10% of all assets allocated to such
pooled separate account or collective investment fund; or 

  
 21 

 (d) the Source constitutes assets of an “investment fund” (within
the meaning of Part VI of PTE 84-14 (the “QPAM Exemption”)) managed by a “qualified professional asset manager” or “QPAM” (within the meaning of Part VI of the QPAM
Exemption), no employee benefit plan’s assets that are managed by the QPAM in such investment fund, when combined with the assets of all other employee benefit plans established or maintained by the same employer or by an affiliate (within the
meaning of Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization and managed by such QPAM, represent more than 20% of the total client assets managed by such QPAM, the conditions of Part I(c) and (g) of the
QPAM Exemption are satisfied, neither the QPAM nor a person controlling or controlled by the QPAM maintains an ownership interest in the Company that would cause the QPAM and the Company to be “related” within the meaning of Part VI(h) of
the QPAM Exemption and (i) the identity of such QPAM and (ii) the names of any employee benefit plans whose assets in the investment fund, when combined with the assets of all other employee benefit plans established or maintained by the
same employer or by an affiliate (within the meaning of Part VI(c)(1) of the QPAM Exemption) of such employer or by the same employee organization, represent 10% or more of the assets of such investment fund, have been disclosed to the Company in
writing pursuant to this clause (d); or 
 (e) the Source constitutes assets of a “plan(s)” (within the meaning of
Part IV(h) of PTE 96-23 (the “INHAM Exemption”)) managed by an “in-house asset manager” or “INHAM” (within the meaning of Part IV(a)
of the INHAM Exemption), the conditions of Part I(a), (g) and (h) of the INHAM Exemption are satisfied, neither the INHAM nor a person controlling or controlled by the INHAM (applying the definition of “control” in Part IV(d)(3) of
the INHAM Exemption) owns a 10% or more interest in the Company and (i) the identity of such INHAM and (ii) the name(s) of the employee benefit plan(s) whose assets constitute the Source have been disclosed to the Company in writing
pursuant to this clause (e); or 
 (f) the Source is a governmental plan; or 

(g) the Source is one or more employee benefit plans, or a separate account or trust fund comprised of one or more employee
benefit plans, each of which has been identified to the Company in writing pursuant to this clause (g); or 
 (h) the Source
does not include assets of any employee benefit plan, other than a plan exempt from the coverage of ERISA. 
 As used in this Section 6.2, the terms
“employee benefit plan,” “governmental plan,” and “separate account” shall have the respective meanings assigned to such terms in section 3 of ERISA. 

  
 22 

	7.	 INFORMATION AS TO COMPANY. 

 

	 	7.1.	 Financial and Business Information. 

The Company shall deliver to MetLife and each holder of Notes that is an Institutional Investor: 

(a) Quarterly Statements — promptly after the same are available, and in any event within 45 days after the end of
each quarterly fiscal period in each fiscal year of the Company (other than the last quarterly fiscal period of each such fiscal year) (or, to the extent the Company is a reporting company under the Securities Act, such shorter period as shall be
required under the applicable rules of the Securities and Exchange Commission for the filing of its quarterly report on Form 10-Q), duplicate copies of 

(i) consolidated and consolidating balance sheets of the Company and its consolidated Subsidiaries as at the end of each such
quarter, and 
 (ii) consolidated and consolidating statements of operations and of cash flows of the Company and its
consolidated Subsidiaries for such quarter and (in the case of the second and third quarters) for the portion of the fiscal year ending with such quarter, 

setting forth in each case in comparative form the figures for the corresponding period in the previous fiscal year, all in reasonable detail,
prepared in accordance with GAAP applicable to quarterly financial statements generally, and certified by a Senior Financial Officer as fairly presenting, in all material respects, the financial position of the companies being reported on and their
results of operations and cash flows, subject to changes resulting from normal, recurring, year-end audit adjustments and the absence of GAAP notes thereto; 

(b) Annual Statements — promptly after the same are available, and in any event within 90 days after the end of
each fiscal year of the Company (or, to the extent the Company is a reporting company under the Securities Act, such shorter period as shall be required under the applicable rules of the Securities and Exchange Commission for the filing of its
annual report on Form 10-K), duplicate copies of 
 (i) consolidated and
consolidating balance sheets of the Company and its consolidated Subsidiaries as at the end of such year, and 
 (ii)
consolidated and consolidating statements of operations and stockholders’ equity and of cash flows of the Company and its consolidated Subsidiaries for such year, 

setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail, prepared in accordance with
GAAP, and accompanied by, in respect of such financial statements of the Company and its consolidated Subsidiaries: 
 (A)
an opinion thereon of BDO Seidman, LLP or any other independent certified public accountants of nationally recognized standing reasonably acceptable to the Required Holders, which opinion shall not contain any qualification arising out of the scope
of the audit and shall state that such financial statements present fairly, in all material respects, the financial position of the 

  
 23 

 
companies being reported upon and their results of operations and cash flows and have been prepared in conformity with GAAP, and that the examination of such accountants in connection with such
financial statements has been made in accordance with generally accepted auditing standards, and that such audit provides a reasonable basis for such opinion in the circumstances, 

(B) an executive summary of the management letter prepared by such accountants; provided, however, that if a
Default or Event of Default shall have occurred and shall be continuing, the full text of such management letter shall be provided to MetLife and each holder of Notes that is an Institutional Investor, and 

(C) a certificate of such accountants stating whether they obtained knowledge during the course of their examination of such
financial statements of any Default or Event of Default (which certificate may be limited to the extent required by accounting rules or guidelines); 

(c) SEC and Other Reports — promptly upon their becoming available, one copy of (i) each financial statement,
report, circular, notice or proxy statement or similar document sent by the Company or any Subsidiary to its principal lending banks as a whole (excluding information sent to such banks in the ordinary course of administration of a bank facility,
such as information relating to pricing and borrowing availability) or to its public securities holders generally, and (ii) each regular or periodic report, each registration statement (without exhibits except as expressly requested by such
holder), and each prospectus and all amendments thereto filed by the Company or any Subsidiary with the Securities and Exchange Commission or any similar Governmental Authority or securities exchange and of all press releases and other statements
made available generally by the Company or any Subsidiary to the public concerning developments that are Material; 
 (d)
Notice of Default or Event of Default – promptly, and in any event within five Business Days after a Responsible Officer obtaining actual knowledge of the existence of any Default or Event of Default or that any applicable creditor has
given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(f), a written notice specifying
the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto; 

(e) Employee Benefit Matters – promptly, and in any event within fifteen days after a Responsible Officer obtaining
actual knowledge of any of the following, a written notice setting forth the nature thereof and the action, if any, that the Company or an ERISA Affiliate proposes to take with respect thereto: 

(i) with respect to any Plan, any reportable event, as defined in section 4043(c) of ERISA and the regulations thereunder, for
which notice thereof has not been waived pursuant to such regulations as in effect on the date hereof; or 

  
 24 

 (ii) the taking by the PBGC of steps to institute, or the threatening by
the PBGC of the institution of, proceedings under section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan, or the receipt by the Company or any ERISA Affiliate of a notice from a Multiemployer Plan that
such action has been taken by the PBGC with respect to such Multiemployer Plan; or 
 (iii) any event, transaction or
condition that could result in the incurrence of any liability by the Company or any ERISA Affiliate pursuant to Title I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans, or in the imposition of
any Lien on any of the rights, properties or assets of the Company or any ERISA Affiliate pursuant to Title I or IV of ERISA or such penalty or excise tax provisions, if such liability or Lien, taken together with any other such liabilities or Liens
then existing, could reasonably be expected to have a Material Adverse Effect; 
 (f) Notices from Governmental
Authority — promptly, and in any event within 30 days of receipt thereof, copies of any notice to the Company or any Subsidiary from any Governmental Authority relating to any order, ruling, statute or other law or regulation that could
reasonably be expected to have a Material Adverse Effect; 
 (g) Material Adverse Effect – promptly, and in any
event within five Business Days of a Responsible Officer obtaining actual knowledge of any development that results in, or could reasonably be expected to result in, a Material Adverse Effect, a written notice setting forth the nature thereof and
the action, if any, that the Company proposes to take with respect thereto; and 
 (h) Requested Information —
with reasonable promptness, such other data and information relating to the business, operations, affairs, financial condition, assets or properties of the Company or any of its Subsidiaries or relating to the ability of the Company to perform its
obligations hereunder and under the Notes as from time to time may be reasonably requested by any such holder of Notes, including information readily available to the Company explaining the Company’s financial statements if such information has
been requested by the SVO in order to assign or maintain a designation of the Notes. 
 The Company shall have satisfied the
reporting obligations under clauses (a), (b) and (c) of this Section 7.1 if it shall have made the information required by such clauses available on EDGAR in accordance with the time periods specified in such clauses. 

 

	 	7.2.	 Officer’s Certificate. 

Each set of financial statements delivered to MetLife or a holder of Notes pursuant to Section 7.1(a) or Section 7.1(b) shall be
accompanied by a certificate of a Senior Financial Officer setting forth: 
 (a) Covenant Compliance — (i) the
information required in order to establish whether the Company was in compliance with the requirements of Section 10.9 

  
 25 

 
(including reasonably detailed calculations), (ii) a certification by such Senior Financial Officer (A) that the Company was in compliance with the requirements of Section 10.5(o),
Section 10.6(a) and (b)(vi) and Section 10.7(g)(iii) during the quarterly or annual period covered by the statements then being furnished (including with respect to each such Section, if requested, the calculations of the maximum or
minimum amount, ratio or percentage, as the case may be, permissible under the terms of such Sections, and the calculation of the amount, ratio or percentage then in existence), (B) as to whether any Subsidiary that is not a Subsidiary Guarantor has
executed any Guaranty with respect to any Principal Credit Facility during the relevant period, and (C) that such financial statements have been prepared in accordance with GAAP (subject in the case of subsection 7.1(b) to normal, recurring, year-end adjustments and except for the absence of GAAP notes thereto) and (iii) (A) information regarding the Group’s leases, consistent with the past practice as evdienced by the certificate most
recently delivered to MetLife and the holders of Notes prior to the date hereof, and (B) in the event that any member of the Group has made an election to measure any financial liability using fair value (which election is being disregarded for
purposes of determining compliance with this Agreement pursuant to Section 22.3), in form and substance reasonably satisfactory to the Required Holders; and 

(b) Event of Default — a statement that such Senior Financial Officer has reviewed the relevant terms hereof and
has made, or caused to be made, under his or her supervision, a reasonable and customary review of the transactions and conditions of the Company and its Subsidiaries from the beginning of the quarterly or annual period covered by the statements
then being furnished to the date of the certificate and that such review shall not have disclosed the existence during such period of any condition or event that constitutes a Default or an Event of Default or, if any such condition or event existed
or exists (including, without limitation, any such event or condition resulting from the failure of the Company or any Subsidiary to comply with any Environmental Law), specifying the nature and period of existence thereof and what action the
Company shall have taken or proposes to take with respect thereto. 
  

	 	7.3.	 Visitation. 

The Company shall permit the representatives of each holder of Notes that is an Institutional Investor: 

(a) No Default — if no Default or Event of Default then exists, at the expense of such holder and upon reasonable
prior notice to the Company, to visit the principal executive office of the Company during regular business hours, to discuss the affairs, finances and accounts of the Company and its Subsidiaries with the Company’s officers, and (with the
consent of the Company, which consent will not be unreasonably withheld) its independent public accountants, and (with the consent of the Company, which consent will not be unreasonably withheld) to visit the other offices and properties of the
Company and each Subsidiary, all at such reasonable times and as often as may be reasonably requested in writing; provided that each holder of Notes that is an Institutional Investor shall make reasonable efforts to coordinate any such visit with
MetLife and any other holder of Notes that is an Institutional Investor such that each holder will attempt to conduct its visit during the same period of time as other holders conducting visits; and 

  
 26 

 (b) Default — if a Default or Event of Default then exists, at
the expense of the Company to visit and inspect any of the offices or properties of the Company or any Subsidiary, to examine all their respective books of account, records, reports and other papers, to make copies and extracts therefrom, and to
discuss their respective affairs, finances and accounts with their respective officers and independent public accountants (and by this provision the Company authorizes said accountants to discuss the affairs, finances and accounts of the Company and
its Subsidiaries), all at such times and as often as may be requested. 
  

	 	7.4.	 Limitation on Disclosure Obligation. 

The Company shall not be required to disclose the following information pursuant to Section 7.1(c), 7.1(h) or 7.3: 

(a) information that the Company determines after consultation with counsel qualified to advise on such matters that,
notwithstanding the confidentiality requirements of Section 20, it would be prohibited from disclosing by applicable law or regulations without making public disclosure thereof; or 

(b) information that, notwithstanding the confidentiality requirements of Section 20, the Company is prohibited from
disclosing by the terms of an obligation of confidentiality contained in any agreement with any non-Affiliate binding upon the Company and not entered into in contemplation of this clause (b), provided that
the Company shall use commercially reasonable efforts to obtain consent from the party in whose favor the obligation of confidentiality was made to permit the disclosure of the relevant information and provided further that the Company has received
a written opinion of counsel confirming that disclosure of such information without consent from such other contractual party would constitute a breach of such agreement. 

Promptly after a request therefor from any holder of Notes that is an Institutional Investor, the Company will provide such holder with a written opinion of
counsel (which may be addressed to the Company) relied upon as to any requested information that the Company is prohibited from disclosing to such holder under circumstances described in this Section 7.4. 

 

	8.	 PAYMENT AND PREPAYMENT OF THE NOTES. 

 

	 	8.1.	 Maturity. 

(a) Series 2017-A Notes. As provided therein, the entire principal balance of
each Series 2017-A Note shall be due and payable on the maturity date thereof. 
 (b)
Series 2018-A Notes. As provided therein, the entire principal balance of each Series 2018-A Note shall be due and payable on the maturity date thereof. 

  
 27 

 (c) Series 2020-A Notes. As
provided therein, the entire principal balance of each Series 2020-A Note shall be due and payable on the maturity date thereof. 

(d) Series 2021-A Notes. As provided therein, the entire principal balance of
each Series 2021-A Note shall be due and payable on the maturity date thereof. 
 (e)
Shelf Notes. Each Series of Shelf Notes shall be subject to required prepayments, if any, set forth in the Notes of such Series, provided that upon any partial prepayment of the Shelf Notes of any Series pursuant to Section 8.2, 8.7 or
8.8, the principal amount of each required prepayment of the Shelf Notes of such Series becoming due under this Section 8.1 on and after the date of such prepayment shall be reduced in the same proportion as the aggregate unpaid principal
amount of the Shelf Notes of such Series is reduced as a result of such prepayment. 
  

	 	8.2.	 Optional Prepayments with Make-Whole Amount. 

The Company may, at its option, upon notice as provided below, prepay at any time all, or from time to time any part of, any Series of Notes,
in a principal amount of (a) $1,000,000 or any integral multiple of $100,000 in excess thereof, in the case of Notes denominated in Dollars, (b) €1,000,000 or any integral multiple of €100,000 in excess thereof, in the case of Notes
denominated in Euros, (c) £1,000,000 or any integral multiple of £100,000 in excess thereof, in the case of Notes denominated in British Pounds, and (d) A$1,000,000 or any integral multiple of A$100,000 in excess thereof, in the
case of Notes denominated in Australian Dollars, in the case of a partial prepayment, at 100% of the principal amount so prepaid, and the Make-Whole Amount determined for the prepayment date with respect to such principal amount, and, if due and
payable pursuant to Section 8.9, the Swap Breakage Amount. The Company will give each holder of the Series of Notes to be prepaid written notice of each optional prepayment under this Section 8.2 not less than 30 days and not more than 60
days prior to the date fixed for such prepayment. Each such notice shall specify such date (which shall be a Business Day), the aggregate principal amount of the Series of Notes to be prepaid on such date, the principal amount of each Note held by
such holder to be prepaid (determined in accordance with Section 8.3), and the interest to be paid on the prepayment date with respect to such principal amount being prepaid, and shall be accompanied by a certificate of a Senior Financial
Officer as to the estimated Make-Whole Amount due in connection with such prepayment (calculated as if the date of such notice were the date of the prepayment), setting forth the details of such computation. Two Business Days prior to such
prepayment, the Company shall deliver to each holder of the Series of Notes to be prepaid a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the specified prepayment date. 

 

	 	8.3.	 Allocation of Partial Prepayments. 

In the case of each partial prepayment of the Notes of any Series pursuant to Section 8.2, the principal amount of the Notes of such
Series to be prepaid shall be allocated among all of the Notes of such Series at the time outstanding in proportion, as nearly as practicable, to the respective unpaid principal amounts thereof not theretofore called for prepayment. 

  
 28 

	 	8.4.	 Maturity; Surrender, Etc. 

In the case of each prepayment of Notes of any Series pursuant to this Section 8, the principal amount of each Note to be prepaid shall
mature and become due and payable on the date fixed for such prepayment (which shall be a Business Day), together with interest on such principal amount accrued to such date and the applicable Make-Whole Amount, if any, and, if due and payable
pursuant to Section 8.9, the Swap Breakage Amount. From and after such date, unless the Company shall fail to pay such principal amount when so due and payable, together with the interest and the Make-Whole Amount, if any, and, if due and
payable pursuant to Section 8.9, the Swap Breakage Amount as aforesaid, interest on such principal amount shall cease to accrue. Any Note paid or prepaid in full shall be surrendered to the Company and cancelled and shall not be reissued, and
no Note shall be issued in lieu of any prepaid principal amount of any Note. 
  

	 	8.5.	 Purchase of Notes. 

The Company will not and will not permit any Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the
outstanding Notes except (a) upon the payment or prepayment of the Notes in accordance with the terms of this Agreement and the Notes or (b) pursuant to an offer to purchase made by the Company or an Affiliate pro rata to the
holders of all Notes at the time outstanding upon the same terms and conditions. Any such offer shall provide each holder with sufficient information to enable it to make an informed decision with respect to such offer, and shall remain open for at
least fifteen (15) Business Days. If the holders of more than 50% of the principal amount of the Notes then outstanding accept such offer, the Company shall promptly notify the remaining holders of such fact and the expiration date for the
acceptance by holders of Notes of such offer shall be extended by the number of days necessary to give each such remaining holder at least ten (10) Business Days from its receipt of such notice to accept such offer. The Company will promptly
cancel all Notes acquired by it or any Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to any provision of this Agreement and no Notes may be issued in substitution or exchange for any such Notes. 

 

	 	8.6.	 Make-Whole Amount. 

(a) Make-Whole Amount with respect to Non-Swapped Notes. 

The term “Make-Whole Amount” means, with respect to any Non-Swapped Note, an amount
equal to the excess, if any, of the Discounted Value of the Remaining Scheduled Payments with respect to the Called Principal of such Non-Swapped Note over the amount of such Called Principal, provided that
the Make-Whole Amount may in no event be less than zero. For the purposes of determining the Make-Whole Amount with respect to any Non-Swapped Note, the following terms have the following meanings: 

“Applicable Percentage” means 0.50% (50 basis points). 

“Called Principal” means, with respect to any Non-Swapped Note, the principal of such
Non-Swapped Note that is to be prepaid pursuant to Section 8.2, Section 8.7 or Section 8.8 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the
context requires. 

  
 29 

 “Discounted Value” means, with respect to the Called Principal of any Non-Swapped Note, the amount obtained by discounting all Remaining Scheduled Payments with respect to such Called Principal from their respective scheduled due dates to the Settlement Date with respect to such
Called Principal, in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on the Non-Swapped Notes is payable) equal to the
Reinvestment Yield with respect to such Called Principal. 
 “Implied Rate Australian Dollar Yield” means, with respect to
the Called Principal of any Non-Swapped Note denominated in Australian Dollars, the yield to maturity implied by (i) the ask-side yields reported as of 10:00 a.m.
(New York City local time) on the second Business Day preceding the Settlement Date with respect to such Called Principal, on the display designated as “Page PXAU” on Bloomberg Financial Markets (or such other display as may replace
“Page PXAU” on Bloomberg Financial Markets) for the actively traded benchmark Australian Government bonds having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date, or (ii) if such
yields are not reported as of such time or the yields reported are not ascertainable, the average of the ask-side yields for such securities as determined by Recognized Australian Government Bond Market
Makers. Such implied yield will be determined, if necessary, by (a) converting quotations to bond-equivalent yields in accordance with accepted financial practice, and (b) interpolating linearly between (1) the actively traded
benchmark Australian Government bonds with the maturity closest to and greater than the Remaining Average Life of such Called Principal, and (2) the actively traded benchmark Australian Government bonds with the maturity closest to and less
than the Remaining Average Life of such Called Principal. 
 “Implied Rate British Pound Yield” means, with respect to the
Called Principal of any Non-Swapped Note denominated in British Pounds, the yield to maturity implied by (i) the ask-side yields reported, as of 10:00 A.M.
(New York City local time) on the second Business Day preceding the Settlement Date with respect to such Called Principal, on the display designated “Page PXUK” on Bloomberg Financial Markets (or such other display as may replace
“Page PXUK” on Bloomberg Financial Markets) for actively traded gilt-edged securities having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date, or (ii) if such yields are not reported
as of such time or the yields reported are not ascertainable, the average of the ask-side yields as determined by Recognized British Government Bond Market Makers. Such implied yield will be determined, if
necessary, by (a) converting quotations to bond-equivalent yields in accordance with accepted financial practice and (b) interpolating linearly between (1) the actively traded gilt-edged security with the maturity closest to and
greater than the Remaining Average Life of such Called Principal and (2) the actively traded gilt-edged security with the maturity closest to and less than the Remaining Average Life of such Called Principal. 

“Implied Rate Dollar Yield” means, with respect to the Called Principal of any
Non-Swapped Note denominated in Dollars, the yield to maturity implied by (i) the yields reported as of 10:00 A.M. (New York City local time) on the second Business Day preceding the Settlement Date with
respect to such Called Principal, on the display designated as “Page PX1” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on the run U.S. Treasury securities
having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date, or (ii) if such yields are not reported as of such time or the yields reported as of such time are not ascertainable (including by way of
interpolation), the Treasury Constant Maturity Series Yields reported, for the latest day for which such yields have been so reported as of the second Business Day preceding the Settlement 

  
 30 

 
Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for U.S. Treasury securities having a constant maturity equal to
the Remaining Average Life of such Called Principal as of such Settlement Date. In the case of each determination under clause (i) or clause (ii), as the case may be, of the preceding sentence, such implied yield will be determined, if
necessary, by (a) converting U.S. Treasury bill quotations to bond equivalent yields in accordance with accepted financial practice and (b) interpolating linearly between (1) the applicable U.S. Treasury security with the maturity
closest to and greater than such Remaining Average Life and (2) the applicable U.S. Treasury security with the maturity closest to and less than such Remaining Average Life. 

“Implied Rate Euro Yield” means, with respect to the Called Principal of any
Non-Swapped Note denominated in Euros, the yield to maturity implied by (i) the ask-side yields reported, as of 10:00 A.M. (New York City local time) on the
second Business Day preceding the Settlement Date with respect to such Called Principal, on the display designated as “Page PXGE” on Bloomberg Financial Markets (or such other display as may replace “Page PXGE” on Bloomberg
Financial Markets) for the benchmark German Bund having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date, or (ii) if such yields are not reported as of such time or the yields reported are not
ascertainable, the average of the ask-side yields as determined by Recognized German Bund Market Makers. Such implied yield will be determined, if necessary, by (a) converting quotations to
bond-equivalent yields in accordance with accepted financial practice and (b) interpolating linearly between (1) the benchmark German Bund with the maturity closest to and greater than the Remaining Average Life of such Called Principal
and (2) the benchmark German Bund with the maturity closest to and less than the Remaining Average Life of such Called Principal. 

“Recognized Australian Government Bond Market Makers” means two internationally recognized dealers of Australian Government
bonds reasonably selected by MetLife. 
 “Recognized British Government Bond Market Makers” means two internationally
recognized dealers of gilt edged securities reasonably selected by MetLife. 
 “Recognized German Bund Market Makers” means
two internationally recognized dealers of German Bunds reasonably selected by MetLife. 
 “Reinvestment Yield” means, with
respect to the Called Principal of any Non-Swapped Note denominated in (i) Dollars, the Applicable Percentage plus the Implied Rate Dollar Yield, (ii) Euros, the Applicable Percentage plus the
Implied Rate Euro Yield, (iii) British Pounds, the Applicable Percentage plus the Implied Rate British Pound Yield, and (iv) Australian Dollars, the Applicable Percentage plus the Implied Rate Australian Dollar Yield. The Reinvestment
Yield will be rounded to that number of decimals as appears in the coupon for the applicable Non-Swapped Note. 

“Remaining Average Life” means, with respect to any Called Principal, the number of years (calculated to the nearest one-twelfth year) obtained by dividing (i) such Called Principal into (ii) the sum of the products obtained by multiplying (a) the principal component of each Remaining Scheduled Payment with respect
to such Called Principal by (b) the number of years (calculated to the nearest one-twelfth year) that will elapse between the Settlement Date with respect to such Called Principal and the scheduled due
date of such Remaining Scheduled Payment. 

  
 31 

 “Remaining Scheduled Payments” means, with respect to the Called Principal
of any Non-Swapped Note, all payments of such Called Principal and interest thereon that would be due after the Settlement Date with respect to such Called Principal if no payment of such Called Principal were
made prior to its scheduled due date, provided that if such Settlement Date is not a date on which interest payments are due to be made under the terms of the Non-Swapped Notes, then the amount of the next
succeeding scheduled interest payment will be reduced by the amount of interest accrued to such Settlement Date and required to be paid on such Settlement Date pursuant to Section 8.2, Section 8.7, Section 8.8 or Section 12.1.

 “Settlement Date” means, with respect to the Called Principal of any Non-Swapped
Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2, Section 8.7 or Section 8.8 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

 (b) Make-Whole Amount with respect to Swapped Notes. 

“Make-Whole Amount” means, with respect to any Swapped Note, an amount equal to the excess, if any, of the Swapped Note
Discounted Value of the Swapped Note Remaining Scheduled Swap Payments with respect to the Swapped Note Called Notional Amount related to such Swapped Note over such Swapped Note Called Notional Amount, provided that the Make-Whole Amount may
in no event be less than zero. All payments of Make-Whole Amounts with respect to Swapped Notes shall be made in Dollars. For the purposes of determining the Make-Whole Amount with respect to any Swapped Note, the following terms have the following
meanings: 
 “New Swap Agreement” means any cross-currency swap agreement (which does not qualify as a Replacement Swap
Agreement) pursuant to which the holder of a Swapped Note is to receive payment in Dollars and which is entered into in full or partial replacement of an Original Swap Agreement as a result of such Original Swap Agreement having terminated for any
reason. The terms of a New Swap Agreement with respect to any Swapped Note do not have to be identical to those of the Original Swap Agreement with respect to such Swapped Note. Any holder of a Swapped Note that enters into or terminates a New Swap
Agreement shall within a reasonable period of time thereafter deliver to the Company (i) a schedule describing the confirmation or termination related thereto or (ii) a copy of the confirmation or termination related thereto. 

“Original Swap Agreement” means, with respect to any Swapped Note, (x) a cross-currency swap agreement and annexes and
schedules thereto (an “Initial Swap Agreement”) that is entered into on an arm’s length basis by the original purchaser of such Swapped Note (or any affiliate thereof) in connection with the purchase of such Swapped Note and
relates to the scheduled payments by the Company of interest and principal on such Swapped Note, under which the purchaser of such Swapped Note is to receive payments from the counterparty thereunder in Dollars and which is more particularly
described (i) on a schedule delivered to the Company prior to the applicable Closing or (ii) in a notice provided by such Purchaser to the Company prior to Closing (each a “Swap Description”), and, in the case of the
immediately preceding clause (ii), 

  
 32 

 
the Company hereby agrees to promptly provide written acknowledgment to such Purchaser of such Swap Description prior to the applicable Closing, (y) any Initial Swap Agreement that has been
assumed (without any waiver, amendment, deletion or replacement of any material economic term or provision thereof) by a holder of a Swapped Note in connection with a transfer of such Swapped Note and (z) any Replacement Swap Agreement; and a
“Replacement Swap Agreement” means, with respect to any Swapped Note, a cross-currency swap agreement and annexes and schedules thereto with payment terms and provisions (other than a reduction in notional amount, if applicable)
identical to those of the Initial Swap Agreement with respect to such Swapped Note that is entered into on an arm’s length basis by the holder of such Swapped Note in full or partial replacement (by amendment, modification or otherwise) of such
Initial Swap Agreement (or any subsequent Replacement Swap Agreement) in a notional amount not exceeding the outstanding principal amount of such Swapped Note following a non-scheduled partial prepayment or a
partial repayment or purchase of such Swapped Note prior to its scheduled maturity. Any holder of a Swapped Note that enters into, assumes or terminates an Initial Swap Agreement or Replacement Swap Agreement shall within a reasonable period of time
thereafter deliver to the Company (i) an updated schedule describing the confirmation, assumption or termination related thereto or (ii) a copy of the confirmation, assumption or termination related thereto. 

“Swap Agreement” means, with respect to any Swapped Note, an Original Swap Agreement or a New Swap Agreement, as the case may
be. 
 “Swapped Note” means any Note that as of the applicable Closing Date is subject to a Swap Agreement. A “Swapped
Note” shall no longer be deemed a “Swapped Note” for so long as the related Swap Agreement ceases to be in force in respect thereof, unless, and until, a Replacement Swap Agreement or a New Swap Agreement is entered into with respect
to such Note; provided that if there is any Note that is a Swapped Note outstanding as of the date on which either the Company has provided notice of prepayment or offer of prepayment of such Note pursuant to Section 8 or such Note has
become or is declared to be immediately due and payable pursuant to Section 12.1, then such Note shall be deemed to be a Swapped Note until payment in full of the principal, interest and Make-Whole Amount (if any) and Swap Breakage Amount due
with respect to such Note. 
 “Swapped Note Applicable Percentage” means 0.50% (50 basis points). 

“Swapped Note Called Notional Amount” means, with respect to any Swapped Note Called Principal of any Swapped Note, the
payment in Dollars due to the holder of such Swapped Note under the terms of the Swap Agreement to which such holder is a party, attributable to and in exchange for such Swapped Note Called Principal and assuming that such Swapped Note Called
Principal is paid on its scheduled payment date, provided that if such Swap Agreement is not an Original Swap Agreement, then the “Swapped Note Called Notional Amount” in respect of such Swapped Note shall not exceed the amount in Dollars
which would have been due to the holder of such Swapped Note under the terms of the Original Swap Agreement to which such holder was a party (or if such holder was never party to an Original Swap Agreement, then the last Original Swap Agreement to
which the most recent predecessor in interest to such holder as a holder of such Swapped Note was a party), attributable to and in exchange for such Swapped Note Called Principal and assuming that such Swapped Note Called Principal is paid on its
scheduled payment date. 

  
 33 

 “Swapped Note Called Principal” means, with respect to any Swapped Note,
the principal of such Swapped Note that is to be prepaid pursuant to Section 8.2, Section 8.7 or Section 8.8 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires. 

“Swapped Note Discounted Value” means, with respect to the Swapped Note Called Notional Amount of any Swapped Note that is to
be prepaid pursuant to Section 8.2, Section 8.7 or Section 8.8 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires, the amount obtained by discounting all Swapped Note
Remaining Scheduled Swap Payments corresponding to the Swapped Note Called Notional Amount of such Swapped Note from their respective scheduled due dates to the Swapped Note Settlement Date with respect to such Swapped Note Called Notional Amount,
in accordance with accepted financial practice and at a discount factor (applied on the same periodic basis as that on which interest on such Swapped Note is payable) equal to the Swapped Note Reinvestment Yield with respect to such Swapped Note
Called Notional Amount. 
 “Swapped Note Reinvestment Yield” means, with respect to the Swapped Note Called Notional Amount
of any Swapped Note, the sum of (i) the Swapped Note Applicable Percentage plus (ii) the yield to maturity implied by (i) the yields reported as of 10:00 A.M. (New York City local time) on the second Business Day preceding the Swapped
Note Settlement Date with respect to such Swapped Note Called Notional Amount, on the display designated as “Page PX1” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively
traded on the run U.S. Treasury securities having a maturity equal to the Swapped Note Remaining Average Life of such Swapped Note Called Notional Amount as of such Swapped Note Settlement Date, or (ii) if such yields are not reported as of
such time or the yields reported as of such time are not ascertainable (including by way of interpolation), the Treasury Constant Maturity Series Yields reported, for the latest day for which such yields have been so reported as of the second
Business Day preceding the Swapped Note Settlement Date with respect to such Swapped Note Called Notional Amount, in Federal Reserve Statistical Release H.15 (or any comparable successor publication) for U.S. Treasury securities having a constant
maturity equal to the Swapped Note Remaining Average Life of such Swapped Note Called Notional Amount as of such Swapped Note Settlement Date. In the case of each determination under clause (i) or clause (ii), as the case may be, of the
preceding sentence, such implied yield will be determined, if necessary, by (a) converting U.S. Treasury bill quotations to bond equivalent yields in accordance with accepted financial practice and (b) interpolating linearly between
(1) the applicable U.S. Treasury security with the maturity closest to and greater than such Swapped Note Remaining Average Life and (2) the applicable U.S. Treasury security with the maturity closest to and less than such Swapped Note
Remaining Average Life. The Swapped Note Reinvestment Yield will be rounded to that number of decimals as appears in the coupon for the applicable Swapped Note. 

  
 34 

 “Swapped Note Remaining Average Life” means, with respect to any Swapped
Note Called Notional Amount, the number of years obtained by dividing (i) such Swapped Note Called Notional Amount into (ii) the sum of the products obtained by multiplying (a) the principal component of each Swapped Note Remaining
Scheduled Swap Payment with respect to such Swapped Note Called Notional Amount by (b) the number of years (computed on the basis of a 360-day year of twelve thirty day months and calculated to two
decimal places) that will elapse between the Swapped Note Settlement Date with respect to such Swapped Note Called Notional Amount and the scheduled due date of such Swapped Note Remaining Scheduled Swap Payment. 

“Swapped Note Remaining Scheduled Swap Payments” means, with respect to the Swapped Note Called Notional Amount relating to
any Swapped Note, the payments due to the holder of such Swapped Note in Dollars under the terms of the Swap Agreement to which such holder is a party which correspond to all payments of the Swapped Note Called Principal of such Swapped Note
corresponding to such Swapped Note Called Notional Amount and interest on such Swapped Note Called Principal (other than that portion of the payment due under such Swap Agreement corresponding to the interest accrued on the Swapped Note Called
Principal to the Swapped Note Settlement Date) that would be due after the Swapped Note Settlement Date with respect to such Swapped Note Called Notional Amount assuming that no payment of such Swapped Note Called Principal is made prior to its
originally scheduled payment date, provided that if such Swapped Note Settlement Date is not a date on which an interest payment is due to be made under the terms of such Swapped Note, then the amount of the next succeeding scheduled interest
payment will be reduced by the amount of interest accrued to such Swapped Note Settlement Date and required to be paid on such Swapped Note Settlement Date pursuant to Section 8.2, Section 8.7, Section 8.8 or Section 12.1. 

“Swapped Note Settlement Date” means, with respect to the Swapped Note Called Principal of any Swapped Note, the date on
which such Swapped Note Called Principal is to be prepaid pursuant to Section 8.2, Section 8.7 or Section 8.8 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires. 

 

	 	8.7.	 Prepayment on a Change in Control. 

(a) The Company shall, promptly upon any Responsible Officer obtaining actual knowledge of the occurrence of a Change in
Control, give written notice of such fact (the “Company Notice”) to all holders of the Notes. The Company Notice shall (i) describe the facts and circumstances of such Change in Control in reasonable detail, (ii) refer to
this Section 8.7 and the rights of the holders hereunder and state that a Change in Control has occurred, (iii) contain an offer by the Company to prepay the entire unpaid principal amount of Notes held by each holder, together with
interest thereon to the prepayment date selected by the Company with respect to each Note, plus the Make-Whole Amount and the Swap Breakage Amount with respect thereto, which prepayment shall be on a date specified in the Company Notice and which
date shall be a Business Day not less than 30 days and not more than 45 days after such Company Notice is given, (iv) request each holder to notify the Company in writing by a stated date (the “Change in Control Response
Date”), which date is not less than 30 days after such holder’s receipt of the Company Notice, of its acceptance or rejection of such prepayment offer and (v) be accompanied by a certificate of a Senior Financial Officer as to the
estimated Make-Whole Amount due in connection with such prepayment (calculated as if the date of such Company Notice were the date of the prepayment), setting forth the details of such computation. If a holder does not notify the Company as provided
above, then the holder shall be deemed to have accepted such offer. 

  
 35 

 (b) Two Business Days prior to the prepayment date specified in the Company
Notice, the Company shall deliver to each holder of Notes to be prepaid a certificate of a Senior Financial Officer specifying the calculation of such Make-Whole Amount as of the prepayment date. 

(c) On the prepayment date specified in the Company Notice, the entire unpaid principal amount of the Notes held by each holder
of Notes who has accepted such prepayment offer (in accordance with paragraph (a) above), together with interest thereon to the prepayment date with respect to each such Note, the Make-Whole Amount and, if due and payable pursuant to
Section 8.9, the Swap Breakage Amount with respect thereto shall become due and payable. 
  

	 	8.8.	 Prepayment in Connection with a Disposition. 

(a) If the Company elects to prepay the Notes pursuant to Section 10.7 in connection with any Disposition, the Company
shall give written notice of such prepayment (a “Disposition Prepayment Notice”) to each holder of a Note, which Disposition Prepayment Notice shall (i) describe the facts and circumstances of such Disposition in reasonable
detail, (ii) refer to this Section 8.8 and the rights of the holders of Notes hereunder, (iii) identify a Business Day, which shall be no more than 60 days and not less than 5 Business Days after the date of the Disposition Prepayment
Notice, on which the Company shall prepay the Pro Rata Portion of the unpaid principal amount of the Notes issued by the Company and held by such holder, together with interest thereon to the prepayment date, Make-Whole Amount, if any, and, if due
and payable pursuant to Section 8.9, the Swap Breakage Amount (showing in such Disposition Prepayment Notice the amount of the prepayment, the interest and an estimate of the Make-Whole Amount which would be paid on such prepayment date
(calculated as if the date of such Disposition Prepayment Notice was the date of prepayment)). 
 (b) On the prepayment date
specified in the Disposition Prepayment Notice, the appropriate portion of unpaid principal amount of the Notes held by each holder of a Note, together with the accrued and unpaid interest thereon to the prepayment date and the Make-Whole Amount, if
any, and, if due and payable pursuant to Section 8.9, the Swap Breakage Amount shall become due and payable. 
 8.9. Swap Breakage.

 (a) If any Swapped Note is prepaid pursuant to Section 8.2, 8.6 or 8.7 or has become or is declared to be
immediately due and payable pursuant to Section 12.1 (each a “Swap Unwind Event”), then upon any such Swap Unwind Event (i) any resulting Swap Breakage Loss in connection therewith shall be reimbursed to the holder of such
Swapped Note by the Company in Dollars no later than five Business Days after the date such holder has delivered the Swap Breakage Amount Notice with respect to such Swap Unwind Event and (ii) any resulting Swap Breakage Gain in connection
therewith shall 

  
 36 

 
be forwarded to the Company by the holder of such Swapped Note in Dollars no later than five Business Days after the date such holder shall have received payment in full of the principal,
interest and Make-Whole Amount (if any) due hereunder with respect to such Swap Unwind Event. Each holder of a Swapped Note shall be responsible for calculating its own Swap Breakage Amount in Dollars in connection with any Swap Unwind Event, and
such calculations shall within a reasonable period of time thereafter be reported to the Company in writing and in reasonable detail (the “Swap Breakage Amount Notice”) and shall be binding on the Company absent demonstrable error.

 (b) As used in this Section 8.9, “Swap Breakage Amount” means, with respect to the Swap Agreement
associated with any Swapped Note, the amount that is received (in which case the Swap Breakage Amount shall be referred to as the “Swap Breakage Gain”) or paid (in which case the Swap Breakage Amount shall be referred to as the
“Swap Breakage Loss”) by the holder of such Swapped Note in connection with a termination or amendment of its Swap Agreement resulting from a Swap Unwind Event, where: 

(i) such Swap Breakage Amount shall be calculated upon the inclusion of an accelerated exchange and payment of principal
amounts and associated accrued and unpaid interest, whereby in connection with and incorporated into the termination or amendment of the Swap Agreement and determination of the Swap Breakage Amount, all remaining associated principal payments
otherwise scheduled through the natural duration of the Swap Agreement and associated accrued and unpaid interest shall be accelerated and made (in their respective applicable currencies) at the time of the settlement of such termination or
amendment (or, in the case of a Swap Unwind Event resulting from a Swapped Note becoming or being declared to be immediately due and payable pursuant to Section 12.1, as if such remaining associated principal payments and associated accrued and
unpaid interest had been accelerated and made at the time of the settlement of such termination); and 
 (ii) the holder of
such Swapped Note shall determine such Swap Breakage Amount in good faith and in a commercially reasonable manner in accordance with customary practices for calculating such amounts under the ISDA 1992 Multi-Currency Cross Border Master Agreement or
ISDA 2002 Master Agreement, as applicable (the “ISDA Master Agreement”) pursuant to which such holder entered into such Swap Agreement and assuming for the purpose of such calculation that there are no transactions outstanding under
such ISDA Master Agreement other than such Swap Agreement, 
 provided, however, that if such holder (or its predecessor-in-interest with respect to such Swapped Note) was, but is not at the time, a party to an Original Swap Agreement but is a party to a New Swap Agreement, then the
Swap Breakage Amount shall mean the lesser of (x) the Swap Breakage Amount that would have been received or paid by the holder of such Swapped Note under the terms of the Original Swap Agreement (if any) in respect of such Swapped Note
to which such holder (or any affiliate thereof) was a party (or if such holder was never a party to an Original Swap Agreement, then the last 

  
 37 

 
Original Swap Agreement to which the most recent predecessor in interest to such holder as a holder of a Swapped Note was a party) and (y) the Swap Breakage Amount actually received or paid
by the holder of such Swapped Note under the terms of the New Swap Agreement to which such holder (or any affiliate thereof) is a party. 
  

	9.	 AFFIRMATIVE COVENANTS. 

The Company covenants that during the Issuance Period and so long thereafter as any of the Notes are outstanding: 

 

	 	9.1.	 Compliance with Law. 

Without limiting Section 10.4, the Company will, and will cause each of its Subsidiaries to, comply with all laws, ordinances or
governmental rules or regulations of any Governmental Authority to which each of them is subject, including, without limitation, ERISA, the USA Patriot Act and Environmental Laws, and will obtain and maintain in effect all licenses, certificates,
permits, franchises and other governmental authorizations necessary to the ownership of their respective properties or to the conduct of their respective businesses, in each case to the extent necessary to ensure that
non-compliance with such laws, ordinances or governmental rules or regulations or failures to obtain or maintain in effect such licenses, certificates, permits, franchises and other governmental authorizations
could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
  

	 	9.2.	 Insurance. 

The Company will, and will cause each of its Subsidiaries to, maintain, with financially sound and reputable insurers, insurance with respect
to their respective properties and businesses against such casualties and contingencies, of such types, on such terms and in such amounts (including deductibles, co-insurance and self-insurance, if adequate
reserves are maintained with respect thereto) as is customary in the case of entities engaged in the same or a similar business and similarly situated. 
  

	 	9.3.	 Maintenance of Properties. 

The Company will, and will cause each of its Subsidiaries to, maintain and keep, or cause to be maintained and kept, their respective
properties necessary in the operation of their business in good repair, working order and condition (other than ordinary wear and tear), provided that this Section shall not prevent the Company or any Subsidiary from discontinuing the operation and
the maintenance of any of its properties if such discontinuance is desirable in the conduct of its business and such discontinuance could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

 

	 	9.4.	 Payment of Taxes and Claims. 

The Company will, and will cause each of its Subsidiaries to, file all material tax returns required to be filed in any jurisdiction and to pay
and discharge all taxes shown to be due and payable on such returns and all other taxes, assessments, governmental charges or levies imposed on them or any of their properties, assets, income or franchises, to the extent the same have become

  
 38 

 
due and payable and before they have become delinquent and all claims for which sums have become due and payable which, if unpaid, would by law (without satisfaction of any other conditions)
become a Lien on properties or assets of the Company or any Subsidiary (other than Liens permitted under Section 10.5), provided that neither the Company nor any Subsidiary need pay any such tax, assessment, charge or levy if (i) the
amount, applicability or validity thereof is contested by the Company or such Subsidiary on a timely basis in good faith and in appropriate proceedings, and the Company or a Subsidiary has established adequate reserves therefor in accordance with
GAAP on the books of the Company or such Subsidiary or (ii) the nonpayment of all such taxes, assessments, charges and levies in the aggregate could not reasonably be expected to have a Material Adverse Effect. 

 

	 	9.5.	 Corporate Existence, Etc. 

Subject to Section 10.2, the Company will at all times preserve and keep in full force and effect its corporate existence. Subject to
Sections 10.2 and 10.7, the Company will at all times preserve and keep in full force and effect the corporate existence of each of its Subsidiaries (unless merged into the Company or a Wholly-Owned Subsidiary) and all rights and franchises of the
Company and its Subsidiaries unless the termination of or failure to preserve and keep in full force and effect such corporate existence, right or franchise could not, individually or in the aggregate, be reasonably expected to have a Material
Adverse Effect. 
  

	 	9.6.	 Books and Records. 

The Company will, and will cause each of its Subsidiaries to, maintain, in all material respects, proper books of record and account in
conformity with GAAP and all material applicable requirements of any Governmental Authority having legal or regulatory jurisdiction over the Company or such Subsidiary, as the case may be. 

 

	 	9.7.	 Priority of Obligations. 

The Company will ensure that its payment obligations under this Agreement and the Notes will at all times rank at least pari passu,
without preference or priority, with all other unsecured and unsubordinated Indebtedness of the Company. 
  

	 	9.8.	 Subsidiary Guarantees. 

(a) The Company shall promptly cause each Additional Subsidiary Guarantor to execute and deliver a Subsidiary Guarantee substantially in the
form of Exhibit 9.8 hereto (with such modifications as may be required and reasonably acceptable to the Required Holders to reflect the legal requirements of the jurisdiction of incorporation of the relevant Subsidiary, including any modifications
necessary to make the obligations of such guarantee agreement pari passu with the other unsecured and unsubordinated Indebtedness of such Subsidiary) or otherwise in form and substance reasonably satisfactory to the Required Holders. 

(b) The Company may, from time to time at its discretion and upon written notice from the Company to the holders of Notes, cause any of its
Subsidiaries which are not otherwise Subsidiary Guarantors pursuant to Section 9.8(a) to enter into a Subsidiary Guarantee substantially in the form of Exhibit 9.8 hereto (with such modifications as may be required to reflect the legal

  
 39 

 
requirements of the jurisdiction of incorporation of the relevant Subsidiary, including any modifications necessary to make the obligations of such guarantee agreement pari passu with the
other unsecured and unsubordinated Indebtedness of such Subsidiary) or otherwise in form and substance reasonably satisfactory to the Required Holders (an “Optional Subsidiary Guarantee”). A Subsidiary that enters into an Optional
Subsidiary Guarantee shall be referred to as an “Optional Subsidiary Guarantor”. 
 (c) The delivery of a Subsidiary
Guarantee by any Subsidiary Guarantor shall be accompanied by the following: 
  

	 	(i)	 an Officer’s Certificate from such Subsidiary Guarantor confirming that (A) the representations and
warranties of such Subsidiary Guarantor contained in such Subsidiary Guarantee are true and correct in all material respects, and (B) the guarantee provided under the Subsidiary Guarantee would not cause any borrowing, guaranteeing or similar
limit binding on the Subsidiary Guarantor to be exceeded; 

  

	 	(ii)	 copies of the articles of association or certificate or articles of incorporation, and all other constitutive
documents, of such Subsidiary Guarantor, resolutions of the board of directors (and, where applicable, the shareholders) of such Subsidiary Guarantor authorizing its execution and delivery of such Subsidiary Guarantee and the transactions
contemplated thereby, and specimen signatures of authorized officers of such Subsidiary Guarantor (in each case, certified as correct and complete copies by the secretary or an assistant secretary (or an equivalent officer) of such Subsidiary
Guarantor); and 

  

	 	(iii)	 a legal opinion, reasonably satisfactory in form, scope and substance to the Required Holders, of independent
legal counsel to the effect that, subject to customary qualifications and assumptions, (1) such Subsidiary Guarantor is duly and validly organized and existing under the laws of its jurisdiction of organization and (if applicable in such
jurisdiction) is in good standing, (2) such Subsidiary Guarantee has been duly authorized, executed and delivered by such Subsidiary Guarantor, and (3) such Subsidiary Guarantee is enforceable in accordance with its terms.

 An original executed counterpart of each such Subsidiary Guarantee shall be delivered to each holder of Notes promptly after the
execution thereof. 
 (d) In the event that an Additional Subsidiary Guarantor at any time ceases to guarantee the obligations of the
Company or other Group members under any Principal Credit Facility and is no longer a borrower or other obligor under any Principal Credit Facility, the Company may upon written notice to the holders of the Notes referring to this
Section 9.8(d), which notices shall be accompanied by an Officer’s Certificate certifying as to the matters set forth in clauses (i) and (ii) below, terminate the Subsidiary Guarantee issued by such Additional Subsidiary Guarantor
with effect from the date of such notice so long as (i) no Default or Event of Default shall have occurred and then be continuing or shall result therefrom (including, without limitation, an Event of Default arising from a breach of
Section 10.6 following the termination of such Subsidiary Guarantee), and (ii) no payment by such Subsidiary Guarantor is due under such Subsidiary Guarantor’s Subsidiary Guarantee. 

  
 40 

 (e) The Company may further, from time to time at its sole discretion and upon written
notice to the holders of the Notes referring to this Section 9.8(e), which shall be accompanied by an Officer’s Certificate certifying as to the matters set forth in sub-paragraphs (i) and (ii)
below, terminate an Optional Subsidiary Guarantee issued by an Optional Subsidiary Guarantor with effect from the date of such notice so long as (i) no Default or Event of Default shall have occurred and then be continuing or shall result
therefrom (including, without limitation, an Event of Default arising from a breach of Section 10.6 following the termination of such Optional Subsidiary Guarantee) and (ii) no payment by such Optional Subsidiary Guarantor is due under
such Optional Subsidiary Guarantor’s Optional Subsidiary Guarantee. 
  

	 	10.	 NEGATIVE COVENANTS. 

The Company covenants that during the Issuance Period and so long thereafter as any of the Notes are outstanding: 

 

	 	10.1.	 Transactions with Affiliates. 

The Company will not, and will not permit any Subsidiary to, enter into directly or indirectly any transaction or group of related transactions
(including, without limitation, the purchase, lease, sale or exchange of properties of any kind or the rendering of any service) with any Affiliate of the Company, other than for compensation and upon fair and reasonable terms with Affiliates in
transactions that are otherwise permitted hereunder no less favorable to the Company or such Subsidiary than would be obtained in a comparable arm’s-length transaction with a Person other than an
Affiliate, provided, the foregoing restriction shall not apply to (a) any transaction between the Company and any of its Subsidiaries or between any of its Subsidiaries, (b) reasonable and customary fees paid to members of the Boards of
Directors of the Company and its Subsidiaries, (c) transactions effected as part of a Receivables Transaction, (d) compensation arrangements of officers and other employees of the Company and its Subsidiaries entered into in the ordinary
course of business or (e) those transactions existing on the date of this Agreement and set forth on Schedule 10.1. 
  

	 	10.2.	 Merger, Consolidation, Etc. 

(a) Except as might otherwise be permitted under Section 10.7, the Company will not consolidate with or merge with any other Person or
convey, transfer or lease all or substantially all of its assets in a single transaction or series of transactions to any Person unless: 
  

	 	(i)	 the successor formed by such consolidation or the survivor of such merger or the Person that acquires by
conveyance, transfer or lease all or substantially all of the assets of the Company as an entirety, as the case may be, shall be a solvent corporation or limited liability company organized and existing under the laws of the United States or any
State thereof (including the District of Columbia), and, if the Company is not such corporation or limited liability company, (x) such corporation or limited liability company 

  
 41 

	 	
shall have executed and delivered to each holder of any Notes its assumption of the due and punctual performance and observance of each covenant and condition of this Agreement and the Notes and
(y) such corporation or limited liability company shall have caused to be delivered to each holder of any Notes an opinion of nationally recognized independent counsel, or other independent counsel reasonably satisfactory to the Required
Holders, to the effect that all agreements or instruments effecting such assumption are enforceable in accordance with their terms and comply with the terms hereof; and 

 

	 	(ii)	 immediately before and immediately after giving effect to such transaction, no Default or Event of Default
shall have occurred and be continuing. 

 No such conveyance, transfer or lease of substantially all of the assets of the Company shall
have the effect of releasing the Company or any successor corporation or limited liability company that shall theretofore have become such in the manner prescribed in this Section 10.2(a) from its liability under this Agreement or the Notes.

 (b) Except as might otherwise be permitted under Section 10.7, the Company will not permit any Subsidiary to liquidate, wind up or
dissolve (or suffer any liquidation or dissolution), or merge, consolidate with or into, or convey, transfer, lease, sell, assign or otherwise dispose of (whether in one transaction or in a series of transactions) all or substantially all of its
assets (whether now owned or hereafter acquired) to or in favor of any Person, except that, so long as no Event of Default exists or would result therefrom: 
  

	 	(i)	 any Subsidiary may merge with (x) the Company, provided that the Company shall be the continuing or
surviving Person, or (y) any one or more Subsidiaries, provided that (A) when any Wholly-Owned Subsidiary is merging with another Subsidiary, such Wholly-Owned Subsidiary shall be the continuing or surviving Person, (B) when any
Foreign Subsidiary is merging with a Domestic Subsidiary, such Domestic Subsidiary shall be the continuing or surviving Person and (C) when any Subsidiary is merging with a Subsidiary Guarantor, such Subsidiary Guarantor shall be the continuing
or surviving Person; 

  

	 	(ii)	 (x) any Subsidiary may sell, transfer, contribute, convey or otherwise dispose of all or substantially all of
its assets (upon voluntary liquidation or otherwise), to the Company or to a Domestic Subsidiary; provided that if the transferor in such a transaction is a Wholly-Owned Subsidiary, then the transferee must also be a Wholly-Owned Subsidiary; and
(y) any Foreign Subsidiary may sell, transfer, contribute, convey or otherwise dispose of all of its assets (upon voluntary liquidation or otherwise), to any other Foreign Subsidiary; 

 

	 	(iii)	 any Subsidiary formed solely for the purpose of effecting an acquisition may be merged or consolidated with any
other Person; provided that the continuing or surviving corporation of such merger or consolidation shall be a Subsidiary; and 

  
 42 

	 	(iv)	 “inactive” or “shell” Subsidiaries (i.e., a Person that is not engaged in any business and
that has total assets of $2,000,000 or less) may be dissolved or otherwise liquidated, provided that (x) all of the assets and properties of any such Subsidiaries are transferred to the Company or another Subsidiary upon dissolution or
liquidation and (y) the aggregate total assets of all Subsidiaries permitted to be dissolved or otherwise liquidated under this clause (iv) shall not exceed $40,000,000. 

 

	 	10.3.	 Line of Business. 

The Company will not, and will not permit any Subsidiary to, engage in any business if, as a result, the general nature of the business in
which the Company and its Subsidiaries, taken as a whole, would then be engaged would be substantially changed from the general nature of the business in which the Company and its Subsidiaries, taken as a whole, are engaged on the date of this
Agreement. 
  

	 	10.4.	 Terrorism Sanctions Regulations. 

The Company will not, and will not permit any Subsidiary to, (a) become (including by virtue of being owned or controlled by a Blocked
Person), own or control a Blocked Person or (b) directly or, to the knowledge of the Company after due inquiry, indirectly have any investment in or engage in any dealing or transaction (including any investment, dealing or transaction
involving the proceeds of the Notes) with any Person if such investment, dealing or transaction (i) would cause any holder or any affiliate of such holder to be in violation of, or subject to sanctions under, any U.S. Economic Sanctions Laws
applicable to such holder, or (ii) is prohibited by or subject to sanctions under any applicable U.S. Economic Sanctions Laws. 
  

	 	10.5.	 Liens. 

The Company will not, and will not permit any Subsidiary to, create, incur, assume or suffer to exist any Lien upon any of its property, assets
or revenues, whether now owned or hereafter acquired, except for: 
 (a) Liens for taxes not yet due or which are being
contested in good faith by appropriate proceedings, provided that adequate reserves with respect thereto are maintained on the books of the Company or its Subsidiaries, as the case may be, in conformity with GAAP; 

(b) carriers’, warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens arising in
the ordinary course of business which are not overdue for a period of more than 30 days or which are being contested in good faith by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books
of the applicable Person in accordance with GAAP; 

  
 43 

 (c) pledges or deposits made in the ordinary course of business in
compliance with workers’ compensation, unemployment insurance and other social security legislation and deposits made in the ordinary course of business securing liability to insurance carriers under insurance or self-insurance arrangements;

 (d) deposits to secure the performance of bids, trade or government contracts (other than for borrowed money), leases,
statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 

(e) easements, rights-of-way, restrictions,
building, zoning and other similar encumbrances or restrictions, utility agreements, covenants, reservations and encroachments and other similar encumbrances, or leases or subleases, incurred in the ordinary course of business which, in the
aggregate, are not substantial in amount and which do not, in the aggregate, materially detract from the value of the properties of the Company and its Subsidiaries, taken as a whole, or materially interfere with the ordinary conduct of the business
of the Company and its Subsidiaries, taken as a whole; 
 (f) Liens securing Indebtedness in respect of Capital Leases and
purchase money obligations for fixed or capital assets; provided that (i) such Liens do not at any time encumber any property other than the property financed by such Indebtedness, (ii) the principal amount of the Indebtedness secured
thereby does not exceed the fair market value of the property being acquired on the date of acquisition and (iii) such Indebtedness was not incurred in connection with, or in anticipation or contemplation of, an acquisition; 

(g) Liens on the assets of Receivable Subsidiaries created pursuant to any Receivables Transaction permitted pursuant to
Section 10.6(a); 
 (h) Liens securing the obligations of the Company under this Agreement and the Notes and/or the
obligations of any Subsidiary Guarantor under its Subsidiary Guarantee; 
 (i) Liens granted by any Subsidiary in favor of
the Company; 
 (j) judgment and other similar Liens arising in connection with court proceedings in an aggregate amount not
in excess of $10,000,000 (except to the extent covered by independent third-party insurance) provided that the execution or other enforcement of such Liens is effectively stayed and the claims secured thereby are being actively contested in
good faith and by appropriate proceedings; 
 (k) any Lien on any property of the Company or any Subsidiary existing on
June 26, 2021, and set forth on Schedule 10.5 or any extension, renewal or refinancing thereof; provided that (i) such Lien shall not apply to any other property or asset of the Company or any Subsidiary, (ii) such Lien shall
secure only those obligations which it secures as of the date hereof and (iii) in the case of any extension, renewal or refinancing thereof, (x) there is no increase in the obligations so secured and (y) such Lien does not secure
additional assets not subject to the Lien then being extended or renewed; 

  
 44 

 (l) any Lien existing on any property or asset prior to the acquisition
thereof by the Company or any Subsidiary or existing on any property or asset of any Person that becomes a Subsidiary after the date hereof prior to the time such Person becomes a Subsidiary or any extension, renewal or refinancing thereof; provided
that (i) such Lien is not created in contemplation of or in connection with such acquisition or such Person becoming a Subsidiary, as the case may be, (ii) such Lien shall not apply to any other property or assets of the Company or any
Subsidiary, (iii) such Lien shall secure only those obligations which it secures on the date of such acquisition or the date such Person becomes a Subsidiary, as the case may be, and (iv) in the case of any extension, renewal or
refinancing thereof, (x) there is no increase in the obligations so secured and (y) such Lien does not secure additional assets not subject to the Lien then being extended or renewed; 

(m) Liens arising from precautionary UCC financing statements regarding operating leases or consignments; 

(n) Liens which secure obligations or Indebtedness of the Company or any of its Subsidiaries under or in connection with
(i) the Principal Credit Facility or (ii) a private shelf agreement or note purchase agreement (however designated or styled), including, without limitation, the New York Life Master Note Facility, the Prudential Shelf Agreement and the
AIG Shelf Agreement; provided, that the Notes and the Company’s obligations under this Agreement and any Subsidiary Guarantor’s obligations under its Subsidiary Guarantee are also concurrently equally and ratably secured
pursuant to documentation in form and substance reasonably satisfactory to the Required Holders (including, but not limited to, documentation such as security agreements and other necessary or desirable collateral agreements, an intercreditor
agreement and opinions of independent legal counsel); 
 (o) Liens (not otherwise permitted hereunder) which secure
obligations or Indebtedness of the Company or any of its Subsidiaries; provided that any obligation or Indebtedness secured pursuant to this Section 10.5(o) shall not at any time outstanding exceed the greater of (x) the lesser of
(1) $800,000,000 and (2) the amount equal to 15% of Consolidated Total Assets as of the last day of the most recently ended fiscal quarter of the Company immediately on or prior to such incurrence date, or (y) 10% of Consolidated Total Assets
as of the last day of the then most recently ended fiscal quarter of the Company immediately on or prior to such incurrence date; provided further that neither the Company nor any of its Subsidiaries will secure any amounts owed or
outstanding under the Principal Credit Facility or any private shelf agreement or note purchase agreement (however designated or styled), including, without limitation, the New York Life Master Note Facility, the Prudential Shelf Agreement and the
AIG Shelf Agreement, pursuant to this clause (o); or 
 (p) Liens granted by any Subsidiary of the Company that are
contractual rights of set-off or netting arrangements relating to pooled deposit or sweep accounts of such Subsidiary to permit satisfaction of overdraft or similar obligations (including with respect to
netting services, automatic clearinghouse arrangements, overdraft protections and similar arrangements) incurred in the ordinary course of business of such Subsidiary. 

  
 45 

	 	10.6.	 Indebtedness. 

The Company will not, and will not permit any Subsidiary to, create, issue, incur, assume, become liable in respect of or suffer to exist: 

(a) any Indebtedness pursuant to any Receivables Transaction, except for Indebtedness pursuant to a Receivables Transaction
that is (i) nonrecourse with respect to the Company and its Subsidiaries (other than any Receivables Subsidiary and to any Equity Interests of such Receivables Subsidiary (and the proceeds thereof)) and (ii) in an aggregate principal
amount at any time outstanding not exceeding 15% of Consolidated Total Assets at such time; or 
 (b) any Indebtedness of any
of the Subsidiaries other than: 
  

	 	(i)	 Indebtedness of any Receivables Subsidiary pursuant to any Receivables Transaction permitted under
Section 10.6(a); 

  

	 	(ii)	 any Indebtedness of any Subsidiary existing on June 26, 2021, and set forth on Schedule 10.6 and
any refinancing thereof; provided that the then outstanding principal amount thereof is not increased and the weighted average maturity thereof is not decreased; 

 

	 	(iii)	 any Indebtedness of any Subsidiary which is a Subsidiary Guarantor, so long as such Subsidiary has complied
with the requirements of Section 9.8 in respect of its Subsidiary Guarantee; 

  

	 	(iv)	 any Indebtedness of any Subsidiary owed to the Company or any other Subsidiary; provided that any such
Indebtedness of a Subsidiary Guarantor shall only be permitted pursuant to this Section 10.6(b)(iv) to the extent owed to the Company or another Subsidiary Guarantor; 

 

	 	(v)	 any Indebtedness arising in respect of Capital Leases or purchase money obligations incurred in accordance with
Section 10.5(f); 

  

	 	(vi)	 any other Indebtedness of Subsidiaries; provided that such Indebtedness shall not at any time
outstanding exceed the greater of (x) the lesser of (1) $800,000,000 and (2) the amount equal to 15% of Consolidated Total Assets as of the last day of the most recently ended fiscal quarter of the Company immediately on or prior to such
incurrence date, or (y) 10% of Consolidated Total Assets as of the last day of the then most recently ended fiscal quarter of the Company immediately on or prior to such incurrence date; 

 

	 	(vii)	 Indebtedness of any Subsidiary of the Company in respect of netting services, automatic clearinghouse
arrangements, overdraft protections and similar arrangements in each case in connection with deposit accounts in the ordinary course of business; and 

  
 46 

	 	(viii)	 any Guarantee Obligation of the Company in respect of Indebtedness incurred by any Subsidiary under clause
(vii) hereof up to an aggregate principal amount not to exceed $300,000,000 at any time outstanding. 

  

	 	10.7.	 Dispositions 

The Company will not, and will not permit any Subsidiary to, make any Disposition or enter into any agreement to make any Disposition, except:

 (a) Dispositions of obsolete, out-moded or
worn-out property, whether now owned or hereafter acquired, in the ordinary course of business; 

(b) Dispositions of inventory and cash equivalents in the ordinary course of business; 

(c) Dispositions of property by any Subsidiary to the Company or to any other Subsidiary; provided that any such
Disposition by a Subsidiary Guarantor shall only be permitted pursuant to this Section 10.7(c) to the extent made to another Subsidiary Guarantor; 

(d) Dispositions of Receivables pursuant to Receivables Transactions permitted under subsection 10.6(a); 

(e) the nonexclusive license of intellectual property of the Company or any of its Subsidiaries to third parties in the
ordinary course of business; 
 (f) without limitation to clause (a), the Company and its Subsidiaries may sell or exchange
specific items of machinery or equipment, so long as the proceeds of each such sale or exchange are used (or contractually committed to be used) to acquire (and result within one year of such sale or exchange in the acquisition of) replacement items
of machinery or equipment of reasonably equivalent Fair Market Value; and 
 (g) other Dispositions where: 

 

	 	(i)	 in the good faith opinion of the Company, the Disposition is an exchange for consideration having a Fair Market
Value at least equal to that of the property Disposed of and is in the best interest of the Company or the applicable Subsidiary, as the case may be; 

  

	 	(ii)	 immediately after giving effect to such Disposition, no Event of Default would exist; and

  

	 	(iii)	 immediately after giving effect to such Disposition, the Disposition Value of all property that was the subject
thereof in any four fiscal quarter period of the Company plus the Fair Market Value of any other property Disposed of during such four quarter period does not equal or exceed 20% of Consolidated Total Assets as of the last day of the then most
recently ended fiscal quarter of the Company; 

  
 47 

 provided that for purposes of clause (g)(iii) above there shall be excluded from any
determination of the Fair Market Value or consideration receivable of property or assets disposed of in a Disposition if and to the extent that an amount equal to the net proceeds realized upon such Disposition are within 90 days after the
consummation of such Disposition, applied by the Company to prepay or repay Indebtedness that ranks at least pari passu with the Notes or the Subsidiary Guarantees (other than Indebtedness owing to the Company, any Subsidiary or any Affiliate of the
Company) so long as in connection with any such payment or prepayment of such Indebtedness, the Company shall, on or before the date of such payment or prepayment, prepay a Pro Rata Portion of each Note then outstanding as provided in
Section 8.8. 
  

	 	10.8.	 ERISA. 

The Company will not, and will not permit any Subsidiary to, engage in a transaction which could be subject to Section 4069 or 4212(c) of
ERISA, or permit any Plan to: 
 (a) engage in any non-exempt “prohibited
transaction” (as defined in Section 406 of ERISA or Section 4975 of the Code); 
 (b) fail to comply with
ERISA or any other applicable Laws; or 
 (c) incur any material “accumulated funding deficiency” (as defined in
Section 412 of the Code or Section 302 of ERISA), 
 which, with respect to any event listed above, could reasonably be expected to have a
Material Adverse Effect. 
  

	 	10.9.	 Leverage Ratio. 

The Company will not permit the Consolidated Leverage Ratio to exceed 3.25 to 1.00 for the four fiscal quarters of the Company then last ended
(in each case taken as one accounting period) as of the last day of each fiscal quarter; provided that, to the extent the Company consummates an acquisition permitted by this Agreement for aggregate cash consideration exceeding $150,000,000
(each, a “Material Acquisition”), the Company may elect, upon written notice to MetLife and each holder of a Note that is an Institutional Investor, which notice shall be provided no later than the last Business Day of the fiscal
quarter in which the relevant Material Acquisition is consummated, to increase the maximum Consolidated Leverage Ratio permitted by this Section 10.9 to 3.75 to 1.00 for the fiscal quarter in which such Material Acquisition is consummated and
the three consecutive fiscal quarters of the Company following such Material Acquisition (each, a “Four Quarter Period”) (retroactive to the first day of such Four Quarter Period), and the interest rate applicable to the Notes shall
increase by 0.50% per annum during the period from (and retroactive to) the first day of such Four Quarter Period until the earlier of (i) the last day of such fiscal quarter at the end of which the Consolidated Leverage Ratio for the four
fiscal quarters of the Company then ended did not exceed 3.25 to 1.00 (retroactive to such date) and (ii) the last day of such Four Quarter Period (each, a “Covenant Reset Date”) (such increase,

  
 48 

 
the “Acquisition Spike”); provided further that, the maximum Consolidated Leverage Ratio may be increased to 3.75 to 1.00 for a Four Quarter Period in connection
with a Material Acquisition no more than three times after September 15, 2017. For the avoidance of doubt, the Consolidated Leverage Ratio may not exceed 3.25 to 1.00 for the four fiscal quarters of the Company then last ended (in each case
taken as one accounting period) as of the last day of each fiscal quarter that ends after a Covenant Reset Date during a Four Quarter Period. If the Consolidated Leverage Ratio is increased for a Four Quarter Period pursuant to the preceding
sentence, no corresponding increase in the Consolidated Leverage Ratio with respect to a subsequent Material Acquisition may occur until the completion of at least one full fiscal quarter following the last day of such Four Quarter Period. If an
interest payment on any Notes is due after the last day of any fiscal quarter of the Company, but before the Consolidated Leverage Ratio as of such last day has been calculated, then the Company shall pay an amount calculated as if the interest rate
in effect on such last day had continued thereafter. If such calculation shows that there was a change in the interest rate on the Notes effective as of the first day following such last day, then the amount of interest payable by the Company on the
next succeeding interest payment date in respect of such Notes shall be increased or decreased, as applicable, to the extent necessary to reflect the interest rate that should have been taken into account as of such first following day. 

 

	11.	 EVENTS OF DEFAULT. 

An “Event of Default” shall exist if any of the following conditions or events shall occur and be continuing: 

(a) the Company defaults in the payment of any principal, Make-Whole Amount or Swap Breakage Amount, if any, on any Note when
the same becomes due and payable, whether at maturity or at a date fixed for prepayment or by declaration or otherwise; or 

(b) the Company defaults in the payment of any interest on any Note for more than five Business Days after the same becomes due
and payable; or 
 (c) the Company defaults in the performance of or compliance with any term contained in
Section 7.1(d), (e), (g) or (h), Section 9.8 or Section 10; or 
 (d) (i) the Company shall default in the
observance or performance of any covenant contained in Section 7.1(a) or (b), and such default shall continue unremedied for a period of 10 days; or (ii) the Company shall default in the observance or performance of any other agreement
contained in this Agreement or the Notes (other than as provided above in this Section 11), and such default described in this clause (d)(ii) shall continue unremedied for a period of 30 days; provided that if any such default covered by this
clause (d)(ii), (x) is not capable of being remedied within such 30-day period, (y) is capable of being remedied within an additional 30-day period, and
(z) the Company is diligently pursuing such remedy during the period contemplated by (x) and (y) and has advised the holders of Notes as to the remedy thereof, the first 30-day period referred to in
this clause (d)(ii) shall be extended for an additional 30-day period but only so long as (A) the Company continues to diligently pursue such remedy, (B) such default remains capable of being remedied
within such period and (C) any such extension could not reasonably be expected to have a Material Adverse Effect; or 

  
 49 

 (e) any representation or warranty made in writing by the Company or by any
officer of the Company in this Agreement or in any writing delivered pursuant to this Agreement proves to have been false or incorrect in any material respect on the date as of which made; or 

(f) (i) the Company or any Subsidiary is in default (as principal or as guarantor or other surety) in the payment of any
principal of or premium or make-whole amount or interest on any Indebtedness (other than Indebtedness permitted under Section 10.6(b)(viii)) that is outstanding in an aggregate principal amount of at least $200,000,000 beyond any period of
grace provided with respect thereto, or (ii) the Company or any Subsidiary is in default in the performance of or compliance with any term of any evidence of any Indebtedness (other than Indebtedness permitted under Section 10.6(b)(viii))
in an aggregate outstanding principal amount of at least $200,000,000 or of any mortgage, indenture or other agreement relating thereto or any other condition exists, and as a consequence of such default or condition such Indebtedness has become, or
has been declared (or one or more Persons are entitled to declare such Indebtedness to be), due and payable before its stated maturity or before its regularly scheduled dates of payment, or (iii) as a consequence of the occurrence or
continuation of any event or condition (other than the passage of time or the right of the holder of Indebtedness to convert such Indebtedness into equity interests), (x) the Company or any Subsidiary has become obligated to purchase or repay
Indebtedness (other than Indebtedness permitted under Section 10.6(b)(viii)) before its regular maturity or before its regularly scheduled dates of payment in an aggregate outstanding principal amount of at least $200,000,000, or (y) one
or more Persons have the right to require the Company or any Subsidiary so to purchase or repay such Indebtedness; or 
 (g)
the Company or any Significant Subsidiary (i) is generally not paying, or admits in writing its inability to pay, its debts as they become due, (ii) files, or consents by answer or otherwise to the filing against it of, a petition for
relief or reorganization or arrangement or any other petition in bankruptcy, for liquidation or to take advantage of any bankruptcy, insolvency, reorganization, moratorium or other similar law of any jurisdiction, (iii) makes an assignment for
the benefit of its creditors, (iv) consents to the appointment of a custodian, receiver, trustee or other officer with similar powers with respect to it or with respect to any substantial part of its property, (v) is adjudicated as
insolvent or to be liquidated, or (vi) takes corporate action for the purpose of any of the foregoing; or 
 (h) a court
or Governmental Authority of competent jurisdiction enters an order appointing, without consent by the Company or any of its Significant Subsidiaries, a custodian, receiver, trustee or other officer with similar powers with respect to it or with
respect to any substantial part of its property, or constituting an order for relief or approving a petition for relief or reorganization or any other petition in bankruptcy or for liquidation or to take advantage of any bankruptcy or insolvency law
of any jurisdiction, or ordering the dissolution, winding-up or liquidation of the Company or 

  
 50 

 
any of its Significant Subsidiaries, or any such petition shall be filed against the Company or any of its Significant Subsidiaries and such petition shall not be dismissed within 60 days
(provided that if at any time after the date of this Agreement the Principal Credit Facility provides for a time period greater than 60 days but less than or equal to 120 days, then such time period therein shall be deemed incorporated herein); or

 (i) a final judgment or judgments (to the extent not covered by insurance where insurance coverage has been acknowledged)
for the payment of money aggregating in excess of $200,000,000 are rendered against one or more of the Company and its Subsidiaries and which judgments are not, within 60 days after entry thereof, bonded, discharged or stayed pending appeal, or are
not discharged within 60 days after the expiration of such stay (provided that if at any time after the date of this Agreement the Principal Credit Facility provides for a time period greater than 60 days but less than or equal to 120 days, then
such time period therein shall be deemed incorporated herein); or 
 (j) if (i) any Plan shall fail to satisfy the
minimum funding standards of ERISA or the Code for any plan year or part thereof or a waiver of such standards or extension of any amortization period is sought or granted under section 412 of the Code, (ii) a notice of intent to terminate any
Plan shall have been or is reasonably expected to be filed with the PBGC or the PBGC shall have instituted proceedings under ERISA section 4042 to terminate or appoint a trustee to administer any Plan or the PBGC shall have notified the Company or
any ERISA Affiliate that a Plan may become a subject of any such proceedings, (iii) the aggregate “amount of unfunded benefit liabilities” (within the meaning of section 4001(a)(18) of ERISA) under all Plans, determined in accordance
with Title IV of ERISA, shall exceed the aggregate permitted amount specified in any event of default relating to ERISA or other similar laws or regulations concerning benefit plans contained in the Principal Credit Facility, (iv) the Company
or any ERISA Affiliate shall have incurred or is reasonably expected to incur any liability pursuant to Title I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans, or (v) the Company or any
Subsidiary establishes or amends any employee welfare benefit plan that provides post-employment welfare benefits in a manner that would increase the liability of the Company or any Subsidiary thereunder; and any such event or events described in
clauses (i) through (v) above, either individually or together with any other such event or events, could reasonably be expected to have a Material Adverse Effect; or 

(k) (i) any default shall occur under any Subsidiary Guarantee or any Subsidiary Guarantee shall cease to be in full force and
effect for any reason whatsoever (except as otherwise permitted hereunder and under such Subsidiary Guarantee), including, without limitation, a determination by any Governmental Authority that such Subsidiary Guarantee is invalid, void or
unenforceable or (ii) the Company or any Subsidiary Guarantor shall contest or deny in writing the validity or enforceability of any Subsidiary Guarantor’s obligations under its Subsidiary Guarantee. 

As used in Section 11(j), the terms “employee benefit plan” and “employee welfare benefit plan” shall have the respective meanings
assigned to such terms in section 3 of ERISA. 

  
 51 

	12.	 REMEDIES ON DEFAULT, ETC. 

 

	 	12.1.	 Acceleration. 

(a) If an Event of Default with respect to the Company described in Section 11(g) or (h) (other than an Event of Default
described in clause (i) of Section 11(g) or described in clause (vi) of Section 11(g) by virtue of the fact that such clause encompasses clause (i) of Section 11(g)) has occurred, all the Notes then outstanding shall
automatically become immediately due and payable. 
 (b) If any other Event of Default has occurred and is continuing, the
Required Holders may at any time at their option, by notice or notices to the Company, declare all the Notes then outstanding to be immediately due and payable. 

(c) If any Event of Default described in Section 11(a) or (b) has occurred and is continuing, any holder or holders
of Notes at the time outstanding affected by such Event of Default may at any time, at its or their option, by notice or notices to the Company, declare all the Notes held by it or them to be immediately due and payable. 

Upon any Notes becoming due and payable under this Section 12.1, whether automatically or by declaration, such Notes will forthwith
mature and the entire unpaid principal amount of such Notes, plus (x) all accrued and unpaid interest thereon (including, without limitation, interest accrued thereon at the Default Rate) and (y) the Make-Whole Amount and Swap Breakage
Amount, if any, determined in respect of such principal amount (to the full extent permitted by applicable law), shall all be immediately due and payable, in each and every case without presentment, demand, protest or further notice, all of which
are hereby waived. The Company acknowledges, and the parties hereto agree, that each holder of a Note has the right to maintain its investment in the Notes free from repayment by the Company (except as herein specifically provided for) and that the
provision for payment of a Make-Whole Amount and Swap Breakage Amount by the Company in the event that the Notes are prepaid or are accelerated as a result of an Event of Default, is intended to provide compensation for the deprivation of such right
under such circumstances. 
  

	 	12.2.	 Other Remedies. 

If any Default or Event of Default has occurred and is continuing, and irrespective of whether any Notes have become or have been declared
immediately due and payable under Section 12.1, the holder of any Note at the time outstanding may proceed to protect and enforce the rights of such holder by an action at law, suit in equity or other appropriate proceeding, whether for the
specific performance of any agreement contained herein or in any Note, or for an injunction against a violation of any of the terms hereof or thereof, or in aid of the exercise of any power granted hereby or thereby or by law or otherwise. 

  
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	 	12.3.	 Rescission. 

At any time after any Notes have been declared due and payable pursuant to Section 12.1(b) or (c), the Required Holders, by written notice
to the Company, may rescind and annul any such declaration and its consequences if (a) the Company has paid all overdue interest on the Notes, all principal of and Make-Whole Amount and Swap Breakage Amount, if any, on any Notes that are due
and payable and are unpaid other than by reason of such declaration, and all interest on such overdue principal and Make-Whole Amount and Swap Breakage Amount, if any, and (to the extent permitted by applicable law) any overdue interest in respect
of the Notes, at the Default Rate, (b) neither the Company nor any other Person shall have paid any amounts that have become due solely by reason of such declaration, (c) all Events of Default and Defaults, other than non-payment of amounts that have become due solely by reason of such declaration, have been cured or have been waived pursuant to Section 17, and (d) no judgment or decree has been entered for the payment
of any monies due pursuant hereto or to the Notes. No rescission and annulment under this Section 12.3 will extend to or affect any subsequent Event of Default or Default or impair any right consequent thereon. 

 

	 	12.4.	 No Waivers or Election of Remedies, Expenses, Etc. 

No course of dealing and no delay on the part of any holder of any Note in exercising any right, power or remedy shall operate as a waiver
thereof or otherwise prejudice such holder’s rights, powers or remedies. No right, power or remedy conferred by this Agreement or by any Note upon any holder thereof shall be exclusive of any other right, power or remedy referred to herein or
therein or now or hereafter available at law, in equity, by statute or otherwise. Without limiting the obligations of the Company under Section 15, the Company will pay to the holder of each Note on demand such further amount as shall be
sufficient to cover all costs and expenses of such holder incurred in any enforcement or collection under this Section 12, including, without limitation, reasonable attorneys’ fees, expenses and disbursements. 

 

	13.	 REGISTRATION; EXCHANGE; SUBSTITUTION OF NOTES. 

 

	 	13.1.	 Registration of Notes. 

The Company shall keep at its principal executive office a register for the registration and registration of transfers of Notes. The name and
address of each holder of one or more Notes, each transfer thereof and the name and address of each transferee of one or more Notes shall be registered in such register. If any holder of one or more Notes is a nominee, then (a) the name and
address of the beneficial owner of such Note or Notes shall also be registered in such register as an owner and holder thereof and (b) at any such beneficial owner’s option, either such beneficial owner or its nominee may execute any
amendment, waiver or consent pursuant to this Agreement. Prior to due presentment for registration of transfer, the Person in whose name any Note shall be registered shall be deemed and treated as the owner and holder thereof for all purposes
hereof, and the Company shall not be affected by any notice or knowledge to the contrary. The Company shall give to any holder of a Note that is an Institutional Investor promptly upon request therefor, a complete and correct copy of the names and
addresses of all registered holders of Notes. 
  

	 	13.2.	 Transfer and Exchange of Notes. 

Upon surrender of any Note to the Company at the address and to the attention of the designated officer (all as specified in Section 18)
for registration of transfer or exchange (and in the case of a surrender for registration of transfer accompanied by a written instrument of transfer duly executed by the registered holder of such Note or such holder’s attorney duly authorized
in 

  
 53 

 
writing and accompanied by the relevant name, address and other details for notices of each transferee of such Note or part thereof) within ten Business Days thereafter the Company shall execute
and deliver, at the Company’s expense (except as provided below), one or more new Notes (as requested by the holder thereof) of the same Series as such surrendered Note in exchange therefor, in an aggregate principal amount equal to the unpaid
principal amount of the surrendered Note. Each such new Note shall be payable to such Person as such holder may request and shall be substantially in the form of (a) Exhibit 1.3(a), in the case of a Series
2017-A Note, (b) Exhibit 1.3(b), in the case of a Series 2018-A Note, (c) Exhibit 1.3(c), in the case of a Series
2020-A Note, (d) Exhibit 1.3(d), in the case of a Series 2021-A Note, or (e) Exhibit 1.4, in the case of a Shelf Note. Each such new Note shall
be dated and bear interest from the date to which interest shall have been paid on the surrendered Note or dated the date of the surrendered Note if no interest shall have been paid thereon. The Company may require payment of a sum sufficient to
cover any stamp tax or governmental charge imposed in respect of any such transfer of Notes. Notes shall not be transferred in denominations of less than $100,000, in the case of Notes denominated in Dollars, €100,000, in the case of Notes
denominated in Euros, £100,000, in the case of Notes denominated in British Pounds, or A$100,000, in the case of Notes denominated in Australian Dollars; provided that if necessary to enable the registration of transfer by a holder of
its entire holding of Notes, one Note may be in a denomination of less than $100,000, €100,000, £100,000 or A$100,000, respectively. Any transferee, by its acceptance of a Note registered in its name (or the name of its nominee), shall be
deemed to have made the representation set forth in Section 6.2. 
  

	 	13.3.	 Replacement of Notes. 

Upon receipt by the Company at the address and to the attention of the designated officer (all as specified in Section 18(iii)) of
evidence reasonably satisfactory to it of the ownership of and the loss, theft, destruction or mutilation of any Note (which evidence shall be, in the case of an Institutional Investor, notice from such Institutional Investor of such ownership and
such loss, theft, destruction or mutilation), and 
 (a) in the case of loss, theft or destruction, of indemnity reasonably
satisfactory to it (provided that if the holder of such Note is, or is a nominee for, an original Purchaser or another holder of a Note with a minimum net worth of at least $50,000,000 or a Qualified Institutional Buyer, such Person’s own
unsecured agreement of indemnity shall be deemed to be satisfactory), or 
 (b) in the case of mutilation, upon surrender and
cancellation thereof, 
 within ten Business Days thereafter the Company at its own expense shall execute and deliver, in lieu thereof, a new Note of the
same Series as such lost, stolen, destroyed or mutilated Note, dated and bearing interest from the date to which interest shall have been paid on such lost, stolen, destroyed or mutilated Note or dated the date of such lost, stolen, destroyed or
mutilated Note if no interest shall have been paid thereon. 
  

	14.	 PAYMENTS ON NOTES. 

 

	 	14.1.	 Place of Payment. 

  
 54 

 Subject to Section 14.2, payments of principal, Make-Whole Amount, if any, Swap
Breakage Amount, if any, and interest becoming due and payable on the Notes shall be made in New York, New York, at the principal office of JPMorgan Chase Bank, N.A. in such jurisdiction. The Company may at any time, by notice to each holder of a
Note, change the place of payment of the Notes so long as such place of payment shall be either the principal office of the Company in such jurisdiction or the principal office of a bank or trust company in such jurisdiction. 

 

	 	14.2.	 Home Office Payment. 

So long as any Purchaser or its nominee shall be the holder of any Note, and notwithstanding anything contained in Section 14.1 or in such
Note to the contrary, the Company will pay all sums becoming due on such Note for principal, Make-Whole Amount, if any, Swap Breakage Amount, if any, and interest and all other amounts by the method and at the address specified for such purpose
below such Purchaser’s name in Schedule A (in the case of Series 2017-A Notes, Series 2018-A Notes, Series 2020-A Notes or
Series 2021-A Notes) or as specified in such Purchaser’s Confirmation of Acceptance (in the case of a Shelf Note), or by such other method or at such other address as such Purchaser shall have from time
to time specified to the Company in writing for such purpose, without the presentation or surrender of such Note or the making of any notation thereon, except that upon written request of the Company made concurrently with or reasonably promptly
after payment or prepayment in full of any Note, such Purchaser shall surrender such Note for cancellation, reasonably promptly after any such request, to the Company at its principal executive office or at the place of payment most recently
designated by the Company pursuant to Section 14.1. Prior to any sale or other disposition of any Note held by a Purchaser or its nominee, such Purchaser will, at its election, either endorse thereon the amount of principal paid thereon and the
last date to which interest has been paid thereon or surrender such Note to the Company in exchange for a new Note or Notes pursuant to Section 13.2. The Company will afford the benefits of this Section 14.2 to any Institutional Investor
that is the direct or indirect transferee of any Note purchased by a Purchaser under this Agreement and that has made the same agreement relating to such Note as the Purchasers have made in this Section 14.2. 

 

	15.	 EXPENSES, ETC. 

 

	 	15.1.	 Transaction Expenses. 

Whether or not the transactions contemplated hereby are consummated, the Company will pay all reasonable and invoiced costs and expenses
(including reasonable attorneys’ fees of a special counsel and, if reasonably required by the Required Holders, local or other counsel) incurred by MetLife, the Purchasers and each other holder of a Note in connection with such transactions and
in connection with any amendments, waivers or consents under or in respect of this Agreement or the Notes (whether or not such amendment, waiver or consent becomes effective), including, without limitation: (a) the costs and expenses incurred
in enforcing or defending (or determining whether or how to enforce or defend) any rights under this Agreement or the Notes or in responding to any subpoena or other legal process or informal investigative demand issued in connection with this
Agreement or the Notes, or by reason of being a holder of any Note, (b) the costs and expenses, including financial advisors’ fees, incurred in connection with the insolvency or bankruptcy of the Company or any Subsidiary or in connection
with any 

  
 55 

 
work-out or restructuring of the transactions contemplated hereby and by the Notes and (c) the costs and expenses incurred in connection with the
initial filing of this Agreement and all related documents and financial information with the SVO, provided that such costs and expenses under this clause (c) shall not exceed $3,000 per Series of Notes. The Company will pay, and will save
MetLife, each Purchaser and each other holder of a Note harmless from, all claims in respect of any fees, costs or expenses, if any, of brokers and finders (other than those, if any, retained by a Purchaser or other holder in connection with its
purchase of the Notes). On the date hereof, the Company shall have paid the reasonable, documented and invoiced fees and disbursements of MetLife’s special counsel, Akin Gump Strauss Hauer & Feld LLP, as evidenced by a statement of
such counsel rendered to the Company at least one Business Day prior to the date hereof. 
 15.2. Survival. 

The obligations of the Company under this Section 15 will survive the payment or transfer of any Note, the enforcement, amendment or
waiver of any provision of this Agreement or the Notes, and the termination of this Agreement. 
  

	16.	 SURVIVAL OF REPRESENTATIONS AND WARRANTIES; ENTIRE AGREEMENT. 

All representations and warranties contained herein, whether made on or prior to the Restatement Date, shall survive the execution and delivery
of this Agreement and the Notes, the purchase or transfer by any Purchaser of any Note or portion thereof or interest therein and the payment of any Note, and may be relied upon by any subsequent holder of a Note, regardless of any investigation
made at any time by or on behalf of such Purchaser or any other holder of a Note. All statements contained in any certificate or other instrument delivered by or on behalf of the Company pursuant to this Agreement shall be deemed representations and
warranties of the Company under this Agreement. Subject to the preceding sentence, this Agreement and the Notes embody the entire agreement and understanding between each Purchaser and the Company and supersede all prior agreements and
understandings relating to the subject matter hereof. 
  

	17.	 AMENDMENT AND WAIVER. 

17.1. Requirements. 
 This
Agreement and the Notes may be amended, and the observance of any term hereof or of the Notes may be waived (either retroactively or prospectively), with (and only with) the written consent of the Company and the Required Holders, except that
(a) no amendment or waiver of any of the provisions of Section 1, 2, 3, 4, 5, 6 or 21, or any defined term (as it is used therein), will be effective as to any Purchaser unless consented to by such Purchaser in writing, (b) (i) with
the written consent of MetLife (and without the consent of any other holder of Notes), the provisions of Section 1.4 or 2 may be amended or waived (except insofar as any such amendment or waiver would affect any rights or obligations with
respect to the purchase and sale of Notes which shall have become Accepted Notes prior to such amendment or waiver), and (ii) with the written consent of all of the Purchasers which shall have become obligated to purchase Accepted Notes of any
Series (and not without the written consent of all such Purchasers), any of the provisions of Sections 2.2 and 4 may be amended or waived insofar as such amendment or waiver would affect 

  
 56 

 
only rights or obligations with respect to the purchase and sale of the Accepted Notes of such Series or the terms and provisions of such Accepted Notes and (c) no such amendment or waiver
may, without the written consent of the holder of each Note at the time outstanding affected thereby, (i) subject to the provisions of Section 12 relating to acceleration or rescission, change the amount or time of any prepayment or
payment of principal of, or reduce the rate or change the time of payment or method of computation of interest or of the Make-Whole Amount or the Swap Breakage Amount on, the Notes, (ii) change the percentage of the principal amount of the
Notes the holders of which are required to consent to any such amendment or waiver, or (iii) amend Section 8, 11(a), 11(b), 12, 17 or 20. 

17.2. Solicitation of Holders of Notes. 

(a) Solicitation. The Company will provide each holder of the Notes (irrespective of the amount of Notes then
owned by it) with sufficient information, sufficiently far in advance of the date a decision is required, to enable such holder to make an informed and considered decision with respect to any proposed amendment, waiver or consent in respect of any
of the provisions hereof or of the Notes, unless such proposed amendment, waiver or consent relates only to a specific Series of Accepted Notes which have not yet been purchased, in which case such information will only be required to be delivered
to the Purchasers which shall have become obligated to purchase Accepted Notes of such Series. The Company will deliver executed or true and correct copies of each amendment, waiver or consent effected pursuant to the provisions of this
Section 17 to each holder of outstanding Notes promptly following the date on which it is executed and delivered by, or receives the consent or approval of, the requisite holders of Notes. 

(b) Payment. The Company will not directly or indirectly pay or cause to be paid any remuneration, whether by way
of supplemental or additional interest, fee or otherwise, or grant any security or provide other credit support, to any holder of Notes as consideration for or as an inducement to the entering into by any holder of Notes of any waiver or amendment
of any of the terms and provisions hereof or of any Note unless such remuneration is concurrently paid, or security is concurrently granted or other credit support concurrently provided, on the same terms, ratably to each holder of Notes then
outstanding even if such holder did not consent to such waiver or amendment. 
 (c) Consent in Contemplation of
Transfer. Any consent given pursuant to this Section 17 or any Subsidiary Guaranty by a holder of a Note that has transferred or has agreed to transfer its Note to (i) the Company, (ii) any Subsidiary or any other Affiliate or
(iii) any other Person in connection with, or in anticipation of, such other Person acquiring, making a tender offer for or merging with the Company and/or any of its Affiliates, in each case in connection with such consent, shall be void and
of no force or effect except solely as to such holder, and any amendments effected or waivers granted or to be effected or granted that would not have been or would not be so effected or granted but for such consent (and the consents of all other
holders of Notes that were acquired under the same or similar conditions) shall be void and of no force or effect except solely as to such holder. 

  
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 17.3. Binding Effect, Etc. 

Any amendment or waiver consented to as provided in this Section 17 applies equally to all holders of Notes and is binding upon them and
upon each future holder of any Note and upon the Company without regard to whether such Note has been marked to indicate such amendment or waiver. No such amendment or waiver will extend to or affect any obligation, covenant, agreement, Default or
Event of Default not expressly amended or waived or impair any right consequent thereon. No course of dealing between the Company and the holder of any Note nor any delay in exercising any rights hereunder or under any Note shall operate as a waiver
of any rights of any holder of such Note. 
 17.4. Notes Held by Company, Etc. 

Solely for the purpose of determining whether the holders of the requisite percentage of the aggregate principal amount of Notes then
outstanding approved or consented to any amendment, waiver or consent to be given under this Agreement or the Notes, or have directed the taking of any action provided herein or in the Notes to be taken upon the direction of the holders of a
specified percentage of the aggregate principal amount of Notes then outstanding, Notes directly or indirectly owned by the Company or any of its Affiliates shall be deemed not to be outstanding. 

 

	18.	 NOTICES. 

All notices and communications provided for hereunder shall be in writing and sent (a) by fax or
e-mail if the sender on the same day sends a confirming copy of such notice by a recognized overnight delivery service (charges prepaid), (b) by registered or certified mail with return receipt (postage
prepaid), or (c) by a recognized overnight delivery service (with charges prepaid). Any such notice must be sent: 
 (i)
if to a Purchaser or its nominee, to such Purchaser or nominee at the address specified for such communications in Schedule A (in the case of the Series 2017-A Notes, the Series
2018-A Notes, the Series 2020-A Notes or the Series 2021-A Notes) or as specified by such Purchaser in its Confirmation of
Acceptance (in the case of Shelf Notes), or at such other address as such Purchaser or nominee shall have specified to the Company in writing, 

(ii) if to any other holder of any Note, to such holder at such address as such other holder shall have specified to the
Company in writing, or 
 (iii) if to the Company, to the Company at 135 Duryea Road, Melville, New York 11747, Attention:
Treasurer, E-mail: michael.amodio@henryschein.com, Phone No: (631) 843-5000, Fax No: (631) 843-9314; with a copy to 135 Duryea
Road – Mail Stop E-365, Melville, New York 11747, Attention: General Counsel, E-mail: michael.ettinger@henryschein.com, Phone No: (631) 843-5989, Fax No: (631) 843-5660, or at such other address as the Company shall have specified to the holder of each Note in writing. 

Notices under this Section 18 will be deemed given only when actually received. 

  
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 Notwithstanding anything to the contrary in this Section 18, any communication pursuant
to Section 2 shall be made by the method specified for such communication in Section 2, and shall be effective to create any rights or obligations under this Agreement only if, in the case of a telephone communication, an Authorized
Officer of the party conveying the information and of the party receiving the information are parties to the telephone call, and in the case of a fax or e-mail communication, the communication is signed by an
Authorized Officer of the party conveying the information, addressed to the attention of an Authorized Officer of the party receiving the information, and in fact received, with respect to a fax, at the fax terminal the number of which is listed for
the party receiving the communication in the Information Schedule or at such other fax terminal as the party receiving the information shall have specified in writing to the party sending such information, and in the case of an e-mail, at the e-mail address listed for the party receiving the communication in the Information Schedule or at such other email address as the party receiving the
information shall have specified in writing to the party sending such information. 
  

	19.	 REPRODUCTION OF DOCUMENTS. 

This Agreement and all documents relating thereto, including, without limitation, (a) consents, waivers and modifications that may
hereafter be executed, (b) documents received by any Purchaser at any Closing (except the Notes themselves), and (c) financial statements, certificates and other information previously or hereafter furnished to any Purchaser, may be
reproduced by such Purchaser by any photographic, photostatic, electronic, digital or other similar process and such Purchaser may destroy any original document so reproduced. The Company agrees and stipulates that, to the extent permitted by
applicable law, any such reproduction shall be admissible in evidence as the original itself in any judicial or administrative proceeding (whether or not the original is in existence and whether or not such reproduction was made by such Purchaser in
the regular course of business) and any enlargement, facsimile or further reproduction of such reproduction shall likewise be admissible in evidence. This Section 19 shall not prohibit the Company or any other holder of Notes from contesting
any such reproduction to the same extent that it could contest the original, or from introducing evidence to demonstrate the inaccuracy of any such reproduction. 
  

	20.	 CONFIDENTIAL INFORMATION. 

For the purposes of this Section 20, “Confidential Information” means information delivered to any Purchaser by or on
behalf of the Company or any Subsidiary in connection with the transactions contemplated by or otherwise pursuant to this Agreement (or any related document, certificate or agreement) that is proprietary or confidential in nature and that was
clearly marked or labeled or otherwise adequately identified when received by such Purchaser as being confidential information of the Company or such Subsidiary, provided that such term does not include information that (a) was publicly known
or otherwise known to such Purchaser prior to the time of such disclosure, (b) subsequently becomes publicly known through no act or omission by such Purchaser or any person acting on such Purchaser’s behalf, (c) otherwise becomes
known to such Purchaser other than through disclosure by the Company or any Subsidiary or (d) constitutes financial statements delivered to such Purchaser under Section 7.1 that are otherwise publicly available. Each Purchaser will
maintain the confidentiality of such Confidential Information in accordance with procedures adopted by such Purchaser in good faith to protect 

  
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confidential information of third parties delivered to such Purchaser, provided that such Purchaser may deliver or disclose Confidential Information to (i) its directors, trustees, officers,
employees, agents, attorneys and affiliates (to the extent such disclosure reasonably relates to the administration of the investment represented by its Notes), (ii) its financial advisors and other professional advisors who agree to hold
confidential the Confidential Information substantially in accordance with the terms of this Section 20, (iii) any other holder of any Note, (iv) any Institutional Investor to which it sells or offers to sell such Note or any part thereof
or any participation therein (if such Person has agreed in writing prior to its receipt of such Confidential Information to be bound by the provisions of this Section 20), (v) any Person from which it offers to purchase any security of the
Company (if such Person has agreed in writing prior to its receipt of such Confidential Information to be bound by the provisions of this Section 20), (vi) any federal or state regulatory authority having jurisdiction over such Purchaser,
(vii) the NAIC or the SVO or, in each case, any similar organization, or any nationally recognized rating agency that requires access to information about such Purchaser’s investment portfolio, or (viii) any other Person to which such
delivery or disclosure may be necessary or appropriate (w) to effect compliance with any law, rule, regulation or order applicable to such Purchaser, (x) in response to any subpoena or other legal process, (y) in connection with any
litigation to which such Purchaser is a party or (z) if an Event of Default has occurred and is continuing, to the extent such Purchaser may reasonably determine such delivery and disclosure to be necessary or appropriate in the enforcement or
for the protection of the rights and remedies under such Purchaser’s Notes and this Agreement. Each holder of a Note, by its acceptance of a Note, will be deemed to have agreed to be bound by and to be entitled to the benefits of this
Section 20 as though it were a party to this Agreement. On reasonable request by the Company in connection with the delivery to any holder of a Note of information required to be delivered to such holder under this Agreement or requested by
such holder (other than a holder that is a party to this Agreement or its nominee), such holder will enter into an agreement with the Company embodying the provisions of this Section 20. 

 

	21.	 SUBSTITUTION OF PURCHASER. 

Each Purchaser shall have the right to substitute any one of its Affiliates as the purchaser of the Notes that it has agreed to purchase
hereunder, by written notice to the Company, which notice shall be signed by both such Purchaser and such Affiliate, shall contain such Affiliate’s agreement to be bound by this Agreement and shall contain a confirmation by such Affiliate of
the accuracy with respect to it of the representations set forth in Section 6. Upon receipt of such notice, any reference to such Purchaser in this Agreement (other than in this Section 21), shall be deemed to refer to such Affiliate in
lieu of such original Purchaser. In the event that such Affiliate is so substituted as a Purchaser hereunder and such Affiliate thereafter transfers to such original Purchaser all of the Notes then held by such Affiliate, upon receipt by the Company
of notice of such transfer, any reference to such Affiliate as a “Purchaser” in this Agreement (other than in this Section 21), shall no longer be deemed to refer to such Affiliate, but shall refer to such original Purchaser, and such
original Purchaser shall again have all the rights of an original holder of the Notes under this Agreement. 

  
 60 

	22.	 MISCELLANEOUS. 

22.1. Successors and Assigns. 

All covenants and other agreements contained in this Agreement by or on behalf of any of the parties hereto bind and inure to the benefit of
their respective successors and assigns (including, without limitation, any subsequent holder of a Note) whether so expressed or not. 

22.2. Payments Due on Non-Business Days. 

Anything in this Agreement or the Notes to the contrary notwithstanding (but without limiting the requirement in Section 8.4 that notice
of any optional prepayment specify a Business Day as the date fixed for such prepayment), any payment of principal of or Make-Whole Amount, Swap Breakage Amount or interest on any Note that is due on a date other than a Business Day shall be made on
the next succeeding Business Day without including the additional days elapsed in the computation of the interest payable on such next succeeding Business Day; provided that, if the maturity date of any Note is a date other than a Business Day, the
payment otherwise due on such maturity date shall be made on the next succeeding Business Day and shall include the additional days elapsed in the computation of interest payable on such next succeeding Business Day. 

22.3. Accounting Terms and Covenant Calculations. 

(a) All accounting terms used herein which are not expressly defined in this Agreement have the meanings respectively given to
them in accordance with GAAP. Except as otherwise specifically provided herein, all computations made pursuant to this Agreement shall be made in accordance with GAAP, and all financial statements shall be prepared in accordance with GAAP. 

(b) Notwithstanding anything to the contrary herein, for purposes of determining compliance with the covenants in this
Agreement, any election by the Company or any Subsidiary to measure any portion of a non-derivative financial liability at fair value (as permitted by IAS 39 or any similar accounting standard), other than to
reflect any hedging of such non-derivative financial liability (including both interest rate and foreign currency hedges), shall be disregarded and such determination shall be made as if such election had not
been made. 
 (c) As used in this Agreement, accounting terms relating to the Company and its Subsidiaries not defined in
Schedule B, and accounting terms partly defined in Schedule B, but only to the extent not so defined, shall have the respective meanings given to them under GAAP. If at any time any change in GAAP or in the manner in which the Company
shall be required or permitted to disclose its financial results in its filings with the Securities and Exchange Commission (i.e., a change which is inconsistent with the manner disclosed by the Company in its Annual Report on Form 10-K for the fiscal year ended December 31, 2016) would affect the computation of any financial ratio or requirement set forth in this Agreement, and either the Company or the Required Holders shall so request,
the holders of Notes and the Company shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof 

  
 61 

 
in light of such change (subject to the approval of the Required Holders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance
with GAAP and as calculated consistent with the manner disclosed by the Company in its Annual Report on Form 10- K for the fiscal year ended December 31, 2016 prior to such change therein and
(ii) the Company shall provide to the holders of Notes financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement
made before and after giving effect to such change. 
 (d) Any financial ratios required to be maintained by the Company
pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down
to the nearest number (with a rounding-up if there is no nearest number). 
 22.4. Severability.

 Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective
to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall (to the full extent permitted by law) not invalidate or render
unenforceable such provision in any other jurisdiction. 
 22.5. Construction, Etc. 

Each covenant contained herein shall be construed (absent express provision to the contrary) as being independent of each other covenant
contained herein, so that compliance with any one covenant shall not (absent such an express contrary provision) be deemed to excuse compliance with any other covenant. Where any provision herein refers to action to be taken by any Person, or which
such Person is prohibited from taking, such provision shall be applicable whether such action is taken directly or indirectly by such Person. 

For the avoidance of doubt, all Schedules and Exhibits attached to this Agreement shall be deemed to be a part hereof. 

22.6. Counterparts. 
 This
Agreement may be executed in any number of counterparts, each of which shall be an original but all of which together shall constitute one instrument. Each counterpart may consist of a number of copies hereof, each signed by less than all, but
together signed by all, of the parties hereto. Delivery of an electronic signature to, or a signed copy of, this Agreement by facsimile, email or other electronic transmission shall be fully binding on the parties to the same extent as the delivery
of signed originals and shall be admissible into evidence for all purposes. 
 22.7. Governing Law. 

This Agreement shall be construed and enforced in accordance with, and the rights of the parties shall be governed by, the law of the State of
New York excluding choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State. 

  
 62 

 22.8. Jurisdiction and Process; Waiver of Jury Trial. 

(a) The Company irrevocably submits to the non-exclusive jurisdiction of any New York
State or federal court sitting in the Borough of Manhattan, The City of New York, over any suit, action or proceeding arising out of or relating to this Agreement or the Notes. To the fullest extent permitted by applicable law, the Company
irrevocably waives and agrees not to assert, by way of motion, as a defense or otherwise, any claim that it is not subject to the jurisdiction of any such court, any objection that it may now or hereafter have to the laying of the venue of any such
suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. 

(b) Nothing in this Section 22.8 shall affect the right of any holder of a Note to serve process in any manner permitted
by law, or limit any right that the holders of any of the Notes may have to bring proceedings against the Company in the courts of any appropriate jurisdiction or to enforce in any lawful manner a judgment obtained in one jurisdiction in any other
jurisdiction. 
 (c) THE PARTIES HERETO HEREBY WAIVE TRIAL BY JURY IN ANY ACTION BROUGHT ON OR WITH RESPECT TO THIS
AGREEMENT, THE NOTES OR ANY OTHER DOCUMENT EXECUTED IN CONNECTION HEREWITH OR THEREWITH. 
 22.9. Obligation to Make Payment in the
Applicable Currency. 
 Any payment on account of an amount that is payable hereunder or under the Notes in the Applicable Currency
which is made to or for the account of any holder of Notes in any other currency, whether as a result of any judgment or order or the enforcement thereof or the realization of any security or the liquidation of the Company, shall constitute a
discharge of the obligation of the Company under this Agreement or the Notes only to the extent of the amount of the Applicable Currency which such holder could purchase in the foreign exchange markets in London, England, with the amount of such
other currency in accordance with normal banking procedures at the rate of exchange prevailing on the London Banking Day following receipt of the payment first referred to above. If the amount of the Applicable Currency that could be so purchased is
less than the amount of the Applicable Currency originally due to such holder, the Company agrees to the fullest extent permitted by law, to indemnify and save harmless such holder from and against all loss or damage arising out of or as a result of
such deficiency. This indemnity shall, to the fullest extent permitted by law, constitute an obligation separate and independent from the other obligations contained in this Agreement and the Notes, shall give rise to a separate and independent
cause of action, shall apply irrespective of any indulgence granted by such holder from time to time and shall continue in full force and effect notwithstanding any judgment or order for a liquidated sum in respect of an amount due hereunder or
under the Notes or under any judgment or order. As used herein the term “London Banking Day” shall mean any day other than Saturday or Sunday or a day on which commercial banks are required or authorized by law to be closed in
London, England. 

  
 63 

 22.10. Determinations Involving Different Currencies. 

In the event of any determination of the requisite percentage or the principal amount of any Notes of more than one currency, all Notes which
are issued in a currency other than Dollars shall, for purposes of determining any such percentage or requisite principal amount, be deemed to have been converted into Dollars at the time that such determination is made at the exchange rate
published in the Financial Times one Business Day prior to the date of determination. 
 22.11. Divisions. 

For all purposes under the Financing Documents, in connection with any division or plan of division under Delaware law (or any comparable event
under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original
Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall be deemed to have been organized and acquired on the first date of its existence by the holders of its Equity Interests at such time. 

22.12. Effect of Restatement. 

This Agreement shall, except as otherwise expressly set forth herein, supersede the Existing Master Note Agreement from and after the
Restatement Date with respect to the transactions hereunder and with respect to the Existing Notes outstanding under the Existing Master Note Agreement as of the Restatement Date. The Company hereby confirms that (i) its obligations and
liabilities under the Existing Master Note Agreement, as modified by this Agreement, and the other Financing Documents to which it is a party remain in full force and effect on a continuous basis after giving effect to this Agreement and nothing in
this Agreement shall be deemed to be a novation of any of the obligations under the Existing Master Note Agreement, (ii) notwithstanding the effectiveness of the terms of this Agreement, the other Financing Documents are, and shall continue to
be, in full force and effect and are ratified and confirmed in all respects and (iii) from and after the Restatement Date, each reference to this “Agreement”, the “Private Shelf Agreement” or other reference originally
applicable to the Existing Master Note Agreement contained in any Financing Document shall be a reference to this Agreement, as amended, restated, supplemented or otherwise modified from time to time. Notwithstanding any provision of this Agreement
or any other Financing Document or instrument executed in connection herewith, the execution and delivery of this Agreement and the incurrence of obligations hereunder shall be in substitution for, but not in payment of, the obligations owed by the
Company under the Existing Master Note Agreement. 
 * * * * * 

  
 64 

 If you are in agreement with the foregoing, please sign the form of agreement on a
counterpart of this Agreement and return it to the Company, whereupon this Agreement shall become a binding agreement between you and the Company. 
  

			
	Very truly yours,
	
	HENRY SCHEIN, INC.
		
	By:	 	/s/ Michael Amodio
	Name:	 	Michael Amodio
	Title:	 	Vice President and Treasurer

  
 [Signature Page to Third
Amended and Restated Multicurrency Master Note Purchase Agreement – Henry Schein, Inc. (MetLife)] 

			
	This Agreement is hereby accepted and agreed to as of the date thereof.
	
	METLIFE INVESTMENT MANAGEMENT, LLC
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	METLIFE INVESTMENT MANAGEMENT LIMITED
		
	By:	 	/s/ Geert Henckens
	Name:	 	Geert Henckens
	Title:	 	Authorized Signatory
	
	METROPOLITAN LIFE INSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
	
	METLIFE INSURANCE K.K.
		
	By:	 	MetLife Investment Management, LLC, its investment manager
	
	METLIFE REINSURANCE COMPANY OF CHARLESTON
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	BRIGHTHOUSE LIFE INSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
	
	BRIGHTHOUSE REINSURANCE COMPANY OF DELAWARE
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory

  
 [Signature Page to Third
Amended and Restated Multicurrency Master Note Purchase Agreement – Henry Schein, Inc. (MetLife)] 

			
	SYMETRA LIFE INSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	TRANSATLANTIC REINSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	AMERICAN FIDELITY ASSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	BALTIMORE LIFE INSURANCE COMPANY
		
	By	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	RSUI INDEMNITY COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory

  
 [Signature Page to Third
Amended and Restated Multicurrency Master Note Purchase Agreement – Henry Schein, Inc. (MetLife)] 

			
	SWISS RE LIFE & HEALTH AMERICA INC.
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta

			
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	SWISS REINSURANCE COMPANY LIMITED
		
	By:	 	MetLife Investment Management Limited, as Investment Manager
		
	By:	 	/s/ Geert Henckens

			
	Name:	 	Geert Henckens
	Title:	 	Authorized Signatory
	
	ZURICH INSURANCE COMPANY LTD, BERMUDA BRANCH
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
	
	PENSION AND SAVINGS COMMITTEE, ON BEHALF OF THE ZURICH AMERICAN INSURANCE COMPANY MASTER RETIREMENT TRUST
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
	
	ZURICH AMERICAN INSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
	
	ZURICH GLOBAL, LTD.
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta

			
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory
	
	FARMERS NEW WORLD LIFE INSURANCE COMPANY
		
	By:	 	MetLife Investment Management, LLC, Its Investment Manager
		
	By:	 	/s/ Jennifer Potenta

			
	Name:	 	Jennifer Potenta
	Title:	 	Authorized Signatory

  
 [Signature Page to Third
Amended and Restated Multicurrency Master Note Purchase Agreement – Henry Schein, Inc. (MetLife)] 

 SCHEDULE B 

DEFINED TERMS 
 As used
herein, the following terms have the respective meanings set forth below or set forth in the Section hereof following such term: 

“Acceptance” is defined in Section 2.5. 

“Acceptance Day” is defined in Section 2.5. 

“Acceptance Window” means, with respect to any Quotation, the time period designated by MetLife during which the Company may
elect to accept such Quotation. The Acceptance Window with respect to any Quotation is expected to be two (2) minutes, but may be a shorter period if MetLife so elects. 

“Accepted Note” is defined in Section 2.5. 

“Acquisition Spike” is defined in Section 10.9. 

“Additional Interest” means the Acquisition Spike. 

“Additional Subsidiary Guarantor” means, at any time, each Subsidiary of the Company which is (a) a guarantor of the
obligations of the Company or any Subsidiary under a Principal Credit Facility or (b) a borrower or other obligor under a Principal Credit Facility. 

“Affiliate” means, at any time, (a) with respect to any Person, any other Person that at such time directly or
indirectly through one or more intermediaries Controls, or is Controlled by, or is under common Control with, such first Person, (b) with respect to the Company, shall include any Person beneficially owning or holding, directly or indirectly,
25% or more of any class of voting or equity interests of the Company or any Subsidiary or any corporation of which the Company and its Subsidiaries beneficially own or hold, in the aggregate, directly or indirectly, 25% or more of any class of
voting or equity interests and (c) with respect to MetLife, shall include MIM, MIML, and any managed account, investment fund or other vehicle for which MetLife or any MetLife Affiliate acts as investment advisor or portfolio manager. As used
in this definition, “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or
otherwise. Unless the context otherwise clearly requires, any reference to an “Affiliate” is a reference to an Affiliate of the Company. 

“Agreement” means this Third Amended and Restated Multicurrency Master Note Purchase Agreement, including all Schedules and
Exhibits attached to this Agreement. 
 “AIG Shelf Agreement” means that certain Multicurrency Private Shelf Agreement
dated October 20, 2021, by and among the Company, AIG Asset Management (U.S.), LLC and the purchasers from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time. 

  
 Schedule B-1 

 “Anti-Corruption Laws” means any law or regulation in a U.S. or any non-U.S. jurisdiction regarding bribery or any other corrupt activity, including the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act 2010. 

“Anti-Money Laundering Laws” means any law or regulation in a U.S. or any non-U.S.
jurisdiction regarding money laundering, drug trafficking, terrorist-related activities or other money laundering predicate crimes, including the Currency and Foreign Transactions Reporting Act of 1970 (otherwise known as the Bank Secrecy Act) and
the USA Patriot Act. 
 “Applicable Currency” means (a) with respect to any Notes denominated in Dollars, Dollars,
(b) with respect to any Notes denominated in Euros, Euros, (c) with respect to any Notes denominated in British Pounds, British Pounds, and (d) with respect to any Notes denominated in Australian Dollars, Australian Dollars. 

“Australian Dollars” or “A$” means the lawful currency of Australia. 

“Authorized Officer” means (a) in the case of the Company, its chief executive officer, its chief financial officer, any
other Person authorized by the Company to act on behalf of the Company and designated as an “Authorized Officer” of the Company in the Information Schedule attached hereto or any other Person authorized by the Company to act on behalf of
the Company and designated as an “Authorized Officer” of the Company for the purpose of this Agreement in an Officer’s Certificate executed by the Company’s chief executive officer or chief financial officer and delivered to
MetLife, (b) in the case of MIML, any officer of MIML designated as its “Authorized Officer” in the Information Schedule or any officer of MIML designated as its “Authorized Officer” for the purpose of this Agreement in a
certificate executed by one of its Authorized Officers or a lawyer in its law department and (c) in the case of MIM, any officer of MIM designated as its “Authorized Officer” in the Information Schedule or any officer of MIM
designated as its “Authorized Officer” for the purpose of this Agreement in a certificate executed by one of its Authorized Officers or a lawyer in its law department. Any action taken under this Agreement on behalf of the Company by any
individual who on or after the date of this Agreement shall have been an Authorized Officer of the Company and whom MetLife in good faith believes to be an Authorized Officer of the Company at the time of such action shall be binding on the Company
even though such individual shall have ceased to be an Authorized Officer of the Company, and any action taken under this Agreement on behalf of MetLife by any individual who on or after the date of this Agreement shall have been an Authorized
Officer of MIML or MIM, and whom the Company in good faith believes to be an Authorized Officer of MIML or MIM at the time of such action shall be binding on MetLife even though such individual shall have ceased to be an Authorized Officer. 

“Available Currencies” means Dollars, Euros, British Pounds and Australian Dollars. 

“Available Facility Amount” is defined in Section 2.1. 

“Blocked Person” means (a) a Person whose name appears on the list of Specially Designated Nationals and Blocked Persons
published by OFAC, (b) a Person, entity, organization, country or regime that is blocked or a target of sanctions that have been imposed under U.S. Economic Sanctions Laws or (c) a Person owned or controlled by, or acting on behalf of,
directly or indirectly, any Person, entity, organization, country or regime described in clause (a) or (b). 

  
 Schedule B-2 

 “British Pound” and “£” means the lawful currency of
Great Britain. 
 “Business Day” means (a) other than as provided in clauses (b) and (c) below, any day other
than a Saturday, a Sunday or a day on which commercial banks in New York City are authorized or required to be closed or (with respect to Euros) a day which is not a TARGET Settlement Day, (b) for purposes of Section 2.3 only, any day
which is both a New York Business Day and a day on which MetLife is open for business and (c) for purposes of Section 8.6, (i) if with respect to Notes denominated in Dollars, a New York Business Day, (ii) if with respect to Notes
denominated in British Pounds, any day which is both a New York Business Day and a day on which commercial banks are not required or authorized to be closed in London, England, (iii) if with respect to Notes denominated in Euros, any day which
is both a New York Business Day and a day on which the Trans-European Automated Real-time Gross Settlement Express Transfer payment system (or any successor thereto) is open for the settlement of payments in Euros (a “TARGET Settlement
Day”), and (iv) if with respect to Notes denominated in Australian Dollars, any day which is both a New York Business Day and a day on which commercial banks in are not required or authorized to be closed in Sydney, Australia. 

“Cancellation Date” is defined in Section 2.7(c). 

“Cancellation Fee” is defined in Section 2.7(c). 

“Capital Lease” means, at any time, a lease with respect to which the lessee is required concurrently to recognize the
acquisition of an asset and the incurrence of a liability in accordance with GAAP (without giving effect to the changes in the treatment of leases under GAAP arising on or after January 1, 2019). 

“Change in Control” means (a) any Person or “group” (within the meaning of Section 13(d) or 14(d) of the
Exchange Act) (i) acquiring or having acquired beneficial interest of 50% or more of any outstanding class of equity interests having ordinary voting power in the election of the directors of the Company (other than the aggregate beneficial
ownership of the Persons who are officers or directors of the Company on the date of this Agreement) or (ii) obtaining or having obtained the power (whether or not exercised) to elect a majority of the Company’s directors or (b) the
board of directors of the Company ceasing to consist of a majority of Continuing Directors. 
 “Change in Control Response
Date” is defined in Section 8.7(a). 
 “Closing” is defined in Section 3.1. 

“Closing Day” means (a) the Restatement Date and (b) with respect to any Accepted Note, the Business Day
specified for the closing of the purchase and sale of such Accepted Note in the Confirmation of Acceptance for such Accepted Note, provided that (i) if the Company and the Purchaser which is obligated to purchase such Accepted Note agree on an
earlier Business Day for such closing, the “Closing Day” for such Accepted Note shall be such earlier Business Day, and (ii) if the closing of the purchase and sale of such Accepted Note is rescheduled pursuant to
Section 3.2, the Closing Day for such Accepted Note, for all purposes of this Agreement except references to “original Closing Day” in Section 2.7(b), shall mean the Rescheduled Closing Day with respect to such Accepted Note.

  
 Schedule B-3 

 “Code” means the Internal Revenue Code of 1986, as amended from time to
time, and the rules and regulations promulgated thereunder from time to time. 
 “Company” means Henry Schein, Inc., a
Delaware corporation, or any successor that becomes such in the manner prescribed in Section 10.2(a). 
 “Company
Notice” is defined in Section 8.7(a). 
 “Confidential Information” is defined in Section 20. 

“Confirmation of Acceptance” is defined in Section 2.5. 

“Consolidated EBITDA” means, for any period, Consolidated Operating Income plus, without duplication, (a) Consolidated
Interest Income, (b) depreciation, (c) amortization, (d) all non-cash charges, (e) to the extent deducted in computing Consolidated Operating Income, stock-based compensation of the Company and
its Subsidiaries, (f) all non-recurring, unusual or extraordinary charges, costs and expenses, and (g) restructuring, consolidation, transaction, integration or other similar charges and expenses;
provided that the aggregate amount under this clause (g) for any applicable period shall not exceed 10% of Consolidated EBITDA for such period, in each case, determined on a consolidated basis in accordance with GAAP and as calculated
consistent with the manner disclosed by the Company in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020. 

“Consolidated Gross Profit” means, for any period, net sales less cost of sales of the Company and its Subsidiaries for such
period, determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Company in its Annual Report on Form 10-K for the fiscal year ended
December 31, 2020. 
 “Consolidated Interest Income” means, for any period, the interest income of the Company and its
Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Company in its Annual Report on Form 10-K for the fiscal
year ended December 31, 2020. 
 “Consolidated Leverage Ratio” means at any date of determination, the ratio of
(a) Consolidated Total Debt on such date to (b) Consolidated EBITDA for the period of four fiscal quarters of the Company ending on (or most recently ended prior to) such date. 

“Consolidated Operating Expenses” means, for any period, total expenses related to salaries, employee benefits and general
and administrative expenses of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Company in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020. 
 “Consolidated Operating Income”
means, for any period, Consolidated Gross Profit less Consolidated Operating Expenses of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the
Company in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020. 

  
 Schedule B-4 

 “Consolidated Total Assets” means, at any date of determination, the net
book value of all assets of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed by the Company in its Annual Report on Form
10-K for the fiscal year ended December 31, 2020. 
 “Consolidated Total Debt”
means, at any date of determination, without duplication, the aggregate amount of all Indebtedness of the Company and its Subsidiaries determined on a consolidated basis in accordance with GAAP and as calculated consistent with the manner disclosed
by the Company in its Annual Report on Form 10-K for the fiscal year ended December 31, 2020. For the avoidance of doubt, any Guarantee Obligation of the Company in respect of Indebtedness permitted
pursuant to Section 10.6(b)(viii) shall not be included in Consolidated Total Debt. 
 “Continuing Directors” means,
as to the Company, the directors of the Company on the date of this Agreement and each other director of the Company whose nomination for election to the Board of Directors of the Company is recommended by a majority of the then Continuing
Directors. 
 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the
management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise; and the terms “Controlled” and “Controlling” shall have meanings correlative to the foregoing. 

“Covenant Reset Date” is defined in Section 10.9. 

“Credit Agreement” means the $1,000,000,000 Credit Agreement, dated as of August 20, 2021, among the Company, as
borrower, JPMorgan Chase Bank, N.A., as administrative agent, joint lead arranger and joint bookrunner, U.S. Bank National Association, as the syndication agent, joint lead arranger and joint bookrunner, and the lenders party thereto, as the same
may be amended, restated, supplemented or otherwise modified from time to time. 
 “Default” means an event or condition
the occurrence or existence of which would, with the lapse of time or the giving of notice or both, become an Event of Default. 

“Default Rate” with respect to any Note, has the meaning given in such Note. 

“Delayed Delivery Fee” is defined in Section 2.7(b). 

“Disclosure Documents” is defined in Section 5.3. 

“Disposition” or “Dispose” means the sale, transfer, license or other disposition (including any sale and
leaseback transaction) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith. 

“Disposition Prepayment Notice” is defined in Section 8.8(a). 

  
 Schedule B-5 

 “Disposition Value” means: 

(a) in the case of property that does not constitute Subsidiary Stock, the book value thereof, valued at the time of such
Disposition in good faith by the Company; and 
 (b) in the case of property that constitutes Subsidiary Stock, an amount
equal to that percentage of book value of the assets of the Subsidiary that issued such stock as is equal to the percentage that the book value of such Subsidiary Stock represents of the book value of all of the outstanding Equity Interests of such
Subsidiary (assuming, in making such calculations, that all securities convertible into such Equity Interests are so converted and giving full effect to all transactions that would occur or be required in connection with such conversion) determined
at the time of the Disposition thereof, in good faith by the Company. 
 “Dollar Equivalent” means, with respect to any
Notes or Accepted Notes denominated or to be denominated in any Available Currency other than Dollars (“Non-Dollar Notes”), the Dollar equivalent of the principal amount of such Non-Dollar Notes, in each case as set forth in the records of MetLife. 
 “Dollars” or
“$” means lawful money of the United States of America. 
 “Domestic Subsidiary” means any Subsidiary
other than a Foreign Subsidiary. 
 “EDGAR” is defined in Section 5.3. 

“Environmental Laws” means any and all statutes, laws, regulations, ordinances, rules, judgments, orders, decrees, permits,
concessions, grants, franchises, licenses, agreements or governmental restrictions by any Governmental Authority relating to pollution and the protection of the environment or the release of any materials into the environment, including but not
limited to those related to Hazardous Materials. 
 “EONIA” means (i) the applicable overnight rate calculated
by the Banking Federation of the European Union for the relevant Business Day, displayed on the EONIA Screen of Reuters, or such other display as may replace page 247 on the EONIA Screen of Reuters, displaying the appropriate rate or (ii) if no
such rate is displayed on such EONIA Screen or other display, the arithmetic mean of the rates (rounded upwards to four decimal places) as quoted by Citibank N.A. to leading banks in the European interbank market, at or about 7.00 p.m. Central
European time on such day for the offering of deposits in euro for the period from one Business Day to the immediately following Business Day and, in relation to a day that is not a Business Day, EONIA for the immediately preceding Business Day.

 “Equity Interests” means any and all shares of capital stock, partnership interests, membership interests in a limited
liability company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any such equity interests. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and the rules and
regulations promulgated thereunder from time to time in effect. 

  
 Schedule B-6 

 “ERISA Affiliate” means any trade or business (whether or not incorporated)
that is treated as a single employer together with the Company under section 414 of the Code. 
 “Euro” or
“€” means the unit of single currency of the Participating Member States. 
 “Event of Default” is
defined in Section 11. 
 “Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and
regulations promulgated thereunder from time to time in effect. 
 “Existing Master Note Agreement” is defined in
Section 1.1. 
 “Existing Notes” is defined in Section 1.1. 

“Existing Purchasers” means, collectively, the Series 2017-A Purchasers, the Series 2018-A Purchasers, the Series 2020-A Purchasers and the Series 2021-A Purchasers. 

“Existing Series 2017-A Notes” is defined in Section 1.1. 

“Existing Series 2018-A Notes” is defined in Section 1.1. 

“Existing Series 2020-A Notes” is defined in Section 1.1. 

“Existing Series 2021-A Notes” is defined in Section 1.1. 

“Facility” is defined in Section 2.1. 

“Fair Market Value” means, at any time and with respect to any property, the sale value of such property that would be
realized in an arm’s-length sale at such time between an informed and willing buyer and an informed and willing seller (neither being under a compulsion to buy or sell). 

“Financing Documents” means, collectively, this Agreement, the Notes, any Subsidiary Guarantee, any Request for Purchase, any
Confirmation of Acceptance and all other instruments and documents executed or delivered to or in favor of MetLife or any holder of a Note in connection therewith. 

“First Amended and Restated Master Note Agreement” means that certain Amended and Restated Master Note Purchase Agreement,
dated September 15, 2017, among the Company, MetLife and the purchasers party thereto, as amended prior to June 29, 2018. 

“Foreign Subsidiary” means any Subsidiary incorporated or otherwise organized in any jurisdiction outside the United States
of America, its territories and possessions. 
 “Four Quarter Period” is defined in Section 10.9. 

“GAAP” means generally accepted accounting principles as in effect from time to time in the United States of America. 

  
 Schedule B-7 

 “Governmental Authority” means 

(a) the government of 

(i) the United States of America or any State or other political subdivision of either thereof, or 

(ii) any other jurisdiction in which the Company or any Subsidiary conducts all or a material part of its business, or which
asserts jurisdiction over any properties of the Company or any Subsidiary, or 
 (b) any entity exercising executive,
legislative, judicial, regulatory or administrative functions of, or pertaining to, any such government. 
 “Governmental
Official” means any governmental official or employee, employee of any government-owned or government-controlled entity, political party, any official of a political party, candidate for political office, official of any public
international organization or anyone else acting in an official capacity. 
 “Group” means the Company and its Subsidiaries
from time to time and “member of the Group” means any one of them. 
 “Guarantee
Obligation” means, as to any Person (the “guaranteeing person”), any obligation of (a) the guaranteeing person or (b) another Person (including, without limitation, any bank under any letter of credit) to induce
the creation of which the guaranteeing person has issued a reimbursement, counterindemnity or similar obligation, in either case guaranteeing or in effect guaranteeing any Indebtedness, leases, dividends or other obligations (the “primary
obligations”) of any other unrelated third Person (the “primary obligor”) in any manner, whether directly or indirectly, including, without limitation, any obligation of the guaranteeing person, whether or not contingent,
(i) to purchase any such primary obligation or any property constituting direct or indirect security therefor, (ii) to advance or supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain
working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, (iii) to purchase property, securities or services primarily for the purpose of assuring the owner of any such
primary obligation of the ability of the primary obligor to make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that
the term Guarantee Obligation shall not include endorsements of instruments for deposit or collection in the ordinary course of business. The amount of any Guarantee Obligation shall be deemed to be an amount equal to the stated or determinable
amount of the related primary obligation, or portion thereof, in respect of which such Guarantee Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing
Person in good faith. 
 “Guaranty” means, with respect to any Person, any obligation (except the endorsement in the
ordinary course of business of negotiable instruments for deposit or collection) of such Person guaranteeing or in effect guaranteeing any indebtedness, dividend or other obligation of any other Person in any manner, whether directly or indirectly,
including (without limitation) obligations incurred through an agreement, contingent or otherwise, by such Person: 
 (a) to
purchase such indebtedness or obligation or any property constituting security therefor; 

  
 Schedule B-8 

 (b) to advance or supply funds (i) for the purchase or payment of such
indebtedness or obligation, or (ii) to maintain any working capital or other balance sheet condition or any income statement condition of any other Person or otherwise to advance or make available funds for the purchase or payment of such
indebtedness or obligation; 
 (c) to lease properties or to purchase properties or services primarily for the purpose of
assuring the owner of such indebtedness or obligation of the ability of any other Person to make payment of the indebtedness or obligation; or 

(d) otherwise to assure the owner of such indebtedness or obligation against loss in respect thereof. 

In any computation of the indebtedness or other liabilities of the obligor under any Guaranty, the indebtedness or other obligations that are the subject of
such Guaranty shall be assumed to be direct obligations of such obligor. 
 “Hazardous Material” means any and all
pollutants, toxic or hazardous wastes or other substances that might pose a hazard to health and safety, the removal of which may be required or the generation, manufacture, refining, production, processing, treatment, storage, handling,
transportation, transfer, use, disposal, release, discharge, spillage, seepage or filtration of which is or shall be restricted, prohibited or penalized by any applicable law, including, without limitation, asbestos, urea formaldehyde foam
insulation, polychlorinated biphenyls, petroleum, petroleum products, lead based paint, radon gas or similar restricted, prohibited or penalized substances. 

“Hedge Treasury Note(s)” means, with respect to any Accepted Note, the United States Treasury Note or Notes whose duration
(as determined by MetLife) most closely matches the duration of such Accepted Note. 
 “holder” means, with respect to any
Note the Person in whose name such Note is registered in the register maintained by the Company pursuant to Section 13.1, provided, however, that if such Person is a nominee, then for the purposes of Sections 7, 12, 17.2 and 18 and any related
definitions in this Schedule B, “holder” shall mean the beneficial owner of such Note whose name and address appears in such register. 

“Indebtedness” with respect to any Person means, at any time, without duplication, 

(a) its liabilities for borrowed money (including obligations evidenced by notes, bonds, debentures or other similar
instruments) and its redemption obligations in respect of mandatorily redeemable Preferred Stock; 
 (b) its liabilities for
the deferred purchase price of property or services acquired by such Person (excluding accounts payable arising in the ordinary course of business but including all liabilities created or arising under any conditional sale or other title retention
agreement with respect to any such property); 

  
 Schedule B-9 

 (c) (i) all liabilities appearing on its balance sheet in accordance with
GAAP in respect of Capital Leases and (ii) all liabilities which would appear on its balance sheet in accordance with GAAP in respect of Synthetic Leases assuming such Synthetic Leases were accounted for as Capital Leases; 

(d) all liabilities for borrowed money secured by any Lien with respect to any property owned by such Person (whether or not it
has assumed or otherwise become liable for such liabilities); 
 (e) all its liabilities in respect of letters of credit or
instruments serving a similar function issued or accepted for its account by banks and other financial institutions (whether or not representing obligations for borrowed money); 

(f) all indebtedness of such Person, determined in accordance with GAAP, arising out of a Receivables Transaction; 

(g) any Guarantee Obligations of such Person; 

(h) all obligations of such Person secured by (or for which the holder of such obligation has an existing right, contingent or
otherwise, to be secured by) any Lien on property (including accounts and contract rights) owned by such Person, whether or not such Person has assumed or become liable for the payment of such obligation; provided, however, that in the event that
liability of such Person is non-recourse to such Person and is recourse only to specified property owned by such Person, the amount of Indebtedness attributed thereto shall not exceed the greater of the Fair
Market Value of such property or the net book value of such property; and 
 (i) for the purposes of determining the
outstanding principal amount of Indebtedness for the purposes of Section 11(f) only (except to the extent otherwise included above), all obligations of such Person in respect of Swap Contracts; provided that the “principal amount” of
the obligations of such Person in respect of any Swap Contract at any time shall be the maximum aggregate amount (giving effect to any netting agreements) that such Person would be required to pay if such Swap Contract were terminated at such time.

 The Indebtedness of any Person shall (A) include the Indebtedness of any other entity (including any partnership in which such Person is a general
partner) to the extent such Person is actually liable therefor as a result of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Indebtedness expressly provide that such Person is
not actually liable therefore, and (B) include all obligations of such Person of the character described in clauses (a) through (i) to the extent such Person remains legally liable in respect thereof notwithstanding that any such
obligation is deemed to be extinguished under GAAP. 
 “INHAM Exemption” is defined in Section 6.2(e). 

“Initial Master Note Agreement” means that certain Master Note Purchase Agreement, dated April 27, 2012, among the
Company, MetLife and the purchasers party thereto, as amended by that certain letter agreement dated as of September 22, 2014. 

  
 Schedule B-10 

 “Institutional Investor” means (a) any Purchaser of a Note,
(b) any holder of a Note holding (together with one or more of its affiliates) more than 5.0% of the aggregate principal amount of the Notes then outstanding, (c) any bank, trust company, savings and loan association or other financial
institution, any pension plan, any investment company, any insurance company, any broker or dealer, or any other similar financial institution or entity, regardless of legal form, and (d) any Related Fund of any holder of any Note. 

“Issuance Period” is defined in Section 2.2. 

“Lead Purchaser” means the Purchaser that has agreed to purchase the largest percentage of any Accepted Note, as reflected on
the Confirmation of Acceptance. 
 “Lien” means, with respect to any Person, any mortgage, lien, pledge, hypothecation,
assignment, deposit arrangement, charge, security interest or other encumbrance, or any interest or title of any vendor, lessor, lender or other secured party to or of such Person under any conditional sale or other title retention agreement or
Capital Lease, upon or with respect to any property or asset of such Person (including in the case of stock, stockholder agreements, voting trust agreements and all similar arrangements) or any preference, priority or other security agreement or
preferential arrangement of any kind or nature whatsoever. 
 “Make-Whole Amount” is defined in Section 8.6. 

“Material” means material in relation to the business, operations, affairs, financial condition, assets or properties of the
Company and its Subsidiaries taken as a whole. 
 “Material Acquisition” is defined in Section 10.9. 

“Material Adverse Effect” means a material adverse effect on (a) the business, operations, affairs, financial condition,
assets or properties of the Company and its Subsidiaries taken as a whole, or (b) the ability of the Company to perform its obligations under this Agreement and the Notes, or (c) the validity or enforceability of this Agreement or the
Notes. 
 “MetLife” is defined in the addressee line to this Agreement. 

“MetLife Affiliate” means any Affiliate of MetLife. For avoidance of doubt, “MetLife Affiliate” shall include MIM,
MIML and any managed account, investment fund or other third party for which MIML or MIM or any MetLife Affiliate acts as investment manager, investment advisor or portfolio manager. 

“MIM” is defined in the addressee line to this Agreement. 

“MIML” is defined in the addressee line to this Agreement. 

“Multiemployer Plan” means any Plan that is a “multiemployer plan” (as such term is defined in section 4001(a)(3)
of ERISA). 
 “NAIC” means the National Association of Insurance Commissioners or any successor thereto. 

  
 Schedule B-11 

 “NAIC Annual Statement” is defined in Section 6.2(a). 

“New York Business Day” means any day other than a Saturday, a Sunday or a day on which commercial banks in New York are
required or authorized to be closed. 
 “New York Life Master Note Facility” means that certain Third Amended and Restated
Master Note Facility, dated October 20, 2021, by and among the Company, NYL Investors LLC and the purchasers from time to time party thereto, as amended, restated, supplemented or otherwise modified from time to time. 

“Non-Swapped Note” means any Note of any Series other than a Swapped Note. 

“Notes” is defined in Section 1.4. 

“OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. 

“OFAC Sanctions Program” means any economic or trade sanction that OFAC is responsible for administering and enforcing. A
list of OFAC Sanctions Programs may be found at http://www.treasury.gov/resource-center/sanctions/Programs/Pages/Programs.aspx. 

“Officer’s Certificate” means a certificate of a Senior Financial Officer or of any other officer of the Company whose
responsibilities extend to the subject matter of such certificate. 
 “Optional Subsidiary Guarantee” is defined in
Section 9.8(b). 
 “Optional Subsidiary Guarantor” is defined in Section 9.8(b). 

“Overnight Interest Rate” means with respect to an Accepted Note denominated in a currency other than Dollars, the actual
rate of interest, if any, received by the Purchaser which intends to purchase such Accepted Note on the overnight deposit of the funds intended to be used for the purchase of such Accepted Note, it being understood that reasonable efforts will be
made by or on behalf of the Purchaser to make any such deposit in an interest bearing account. 
 “Participating Member
State” means any member state of the European Community that adopts or has adopted the Euro as its lawful currency in accordance with legislation of the European Community relating to Economic Monetary Union. 

“PBGC” means the Pension Benefit Guaranty Corporation referred to and defined in ERISA or any successor thereto. 

“Person” means an individual, partnership, corporation, limited liability company, association, trust, unincorporated
organization, business entity or Governmental Authority. 
 “Plan” means an “employee benefit plan” (as defined
in section 3(3) of ERISA) subject to Title I of ERISA that is or, within the preceding five years, has been established or maintained, or to which contributions are or, within the preceding five years, have been made or required to be made, by the
Company or any ERISA Affiliate or with respect to which the Company or any ERISA Affiliate may have any liability. 

  
 Schedule B-12 

 “Preferred Stock” means any class of capital stock of a Person that is
preferred over any other class of capital stock (or similar equity interests) of such Person as to the payment of dividends or the payment of any amount upon liquidation or dissolution of such Person. 

“Principal Credit Facility” means any agreement, instrument or facility, and any renewal, refinancing, refunding or
replacement thereof, or any two or more of any of the foregoing forming part of a common interrelated financing or other transaction in respect of which the Company or any Subsidiary is a borrower, guarantor or other obligor, providing for the
incurrence of Indebtedness by the Company or any Subsidiary in an aggregate principal amount equal to or in excess of $200,000,000 (or the equivalent thereof in any other currency), regardless of the principal amount outstanding thereunder from time
to time. For the avoidance of doubt, each of the Credit Agreement, the New York Life Master Note Facility, the Prudential Shelf Agreement and the AIG Shelf Agreement is a Principal Credit Facility. 

“Pro Rata Portion” means, with respect to a Note and the prepayment of Indebtedness in respect of Section 10.7, the
portion of such Note equal to (a) the aggregate amount of the proceeds to be used in the prepayment or repayment of all Indebtedness pursuant to Section 10.7(g) (including the Notes) multiplied by (b) a fraction, the numerator of
which is the aggregate principal amount of such Note and the denominator of which is the aggregate principal amount of all such Indebtedness to be prepaid or repaid in accordance with Section 10.7(g). 

“property” or “properties” means, unless otherwise specifically limited, real or personal property of any
kind, tangible or intangible, choate or inchoate 
 “Prudential Shelf Agreement,” means that certain Third Amended and
Restated Multicurrency Private Shelf Agreement, dated October 20, 2021, by and among the Company, PGIM, Inc., The Prudential Insurance Company of America and the other purchasers from time to time party thereto, as amended, restated,
supplemented or otherwise modified from time to time. 
 “PTE” is defined in Section 6.2(a). 

“Purchaser” is defined in the addressee line to this Agreement. 

“QPAM Exemption” is defined in Section 6.2(d). 

“Qualified Institutional Buyer” means any Person who is a “qualified institutional buyer” within the meaning of
such term as set forth in Rule 144A(a)(1) under the Securities Act. 
 “Quotation” shall have the meaning provided in
Section 2.4. 
 “Receivables” means any accounts receivable of any Person, including, without limitation, any thereof
constituting or evidenced by chattel paper, instruments or general intangibles, and all proceeds thereof and rights (contractual and other) and collateral related thereto. 

  
 Schedule B-13 

 “Receivables Subsidiary” means any special purpose, bankruptcy-remote
Subsidiary that purchases Receivables generated by the Company or any of its Subsidiaries. 
 “Receivables Transaction”
means any transaction or series of transactions providing for the financing of Receivables of the Company or any of its Subsidiaries, involving one or more sales, contributions or other conveyances by the Company or any of its Subsidiaries of
its/their Receivables to Receivables Subsidiaries which finance the purchase thereof by means of the incurrence of Indebtedness or otherwise. Notwithstanding anything contained in the foregoing to the contrary: (a) no portion of the
Indebtedness (contingent or otherwise) with respect to any Receivables Transactions shall (i) be guaranteed by the Company or any of its Subsidiaries, (ii) involve recourse to the Company or any of its Subsidiaries (other than the relevant
Receivables Subsidiary), or (iii) require or involve any credit support or credit enhancement from the Company or any of its Subsidiaries (other than the relevant Receivables Subsidiary), provided that the Company and its Subsidiaries will be
permitted to agree to representations, warranties, covenants and indemnities that are reasonably customary in accounts receivable securitization transactions of the type contemplated (none of which representations, warranties, covenants or
indemnities will result in recourse to the Company or any of its Subsidiaries (other than the relevant Receivables Subsidiary) beyond the limited recourse that is reasonably customary in accounts receivable securitization transactions of the type
contemplated); and (b) the securitization facility and structure relating to such Receivables Transactions shall be on market terms and conditions customary for Receivables transactions of the type contemplated. 

“Related Fund” means, with respect to any holder of any Note, any fund or entity that (a) invests in securities or bank
loans, and (b) is advised or managed by such holder, the same investment advisor as such holder or by an affiliate of such holder or such investment advisor. 

“Request for Purchase” is defined in Section 2.3. 

“Required Holders” means, at any time, the holders of at least 51% in principal amount of the Notes at the time outstanding
(exclusive of Notes then owned by the Company or any of its Affiliates). 
 “Rescheduled Closing Day” is defined in
Section 3.2. 
 “Responsible Officer” means any Senior Financial Officer and any other officer of the Company with
responsibility for the administration of the relevant portion of this Agreement. 
 “Restatement Closing” means the closing
of the amendment and restatement of the Existing Master Note Agreement and the Existing Notes. 
 “Restatement Date” means
October 20, 2021. 
 “Securities Act” means the Securities Act of 1933, as amended from time to time, and the rules
and regulations promulgated thereunder from time to time in effect. 
 “Senior Financial Officer” means the chief financial
officer, principal accounting officer, treasurer or comptroller of the Company. 

  
 Schedule B-14 

 “Series” is defined in Section 1.4. 

“Series 2017-A Notes” is defined in Section 1.3(a). 

“Series 2018-A Notes” is defined in Section 1.3(b). 

“Series 2020-A Notes” is defined in Section 1.3(c). 

“Series 2021-A Notes” is defined in Section 1.3(d). 

“Series 2017-A Purchaser” means each of the Persons whose names appear on Schedule A
attached hereto as a holder of Series 2017-A Notes. 
 “Series 2018-A Purchaser” means each of the Persons whose names appear on Schedule A attached hereto as a holder of Series 2018-A Notes. 

Series 2020-A Purchaser” means each of the Persons whose names appear on Schedule A
attached hereto as a holder of Series 2020-A Notes. 
 Series
2021-A Purchaser” means each of the Persons whose names appear on Schedule A attached hereto as a holder of Series 2021-A Notes. 

“Shelf Closing” means, with respect to any Series of Shelf Notes, the closing of the sale and purchase of such Series of
Shelf Notes. 
 “Shelf Notes” is defined in Section 1.4. 

“Significant Subsidiary” means: 

(a) each domestic (i.e., incorporated or organized in the United States or any state or territory thereof; hereinafter,
“domestic”) Wholly-Owned Subsidiary formed or acquired by the Company or any direct or indirect Subsidiary (whether existing at the date hereof, or formed or acquired after the date hereof), if such Subsidiary or entity, after giving
effect to the formation/acquisition of the same, has total assets that exceed five percent of domestic “Consolidated Total Assets,” (hereinafter, the “Asset Threshold”) valued as of the occurrence/closing of such
formation/acquisition or as of the last day of any fiscal year thereafter; 
 (b) each Domestic Subsidiary (whether existing
at the date hereof, or formed or acquired after the date hereof) in which the Company or any Subsidiary Guarantor (if any) has, directly or indirectly, a 66.67% or greater but less than 100% ownership interest which becomes or is a Subsidiary if
such Subsidiary, after giving effect to the formation/acquisition of the same, has total assets that exceed the Asset Threshold, valued as of the occurrence/closing of such formation/acquisition or as of the last day of any fiscal year thereafter;
and 
 (c) each Subsidiary that is a borrower under the Credit Agreement; 

  
 Schedule B-15 

 provided that if at any time after the date of this Agreement a Principal
Credit Facility provides an Asset Threshold greater than five percent but less than or equal to ten percent, then such Asset Threshold therein shall be deemed incorporated herein. 

“Source” is defined in Section 6.2. 

“State Sanctions List” means a list that is adopted by any state Governmental Authority within the United States of America
pertaining to Persons that engage in investment or other commercial activities in Iran or any other country that is a target of economic sanctions imposed under U.S. Economic Sanctions Laws. 

“Structuring Fee” is defined in Section 2.7(a). 

“Subsidiary” means, as to any Person, any other Person in which such first Person or one or more of its Subsidiaries or such
first Person and one or more of its Subsidiaries owns sufficient equity or voting interests to enable it or them (as a group) ordinarily, in the absence of contingencies, to elect a majority of the directors (or Persons performing similar functions)
of such second Person, and any partnership or joint venture if more than a 50% interest in the profits or capital thereof is owned by such first Person or one or more of its Subsidiaries or such first Person and one or more of its Subsidiaries
(unless such partnership or joint venture can and does ordinarily take major business actions without the prior approval of such Person or one or more of its Subsidiaries). Unless the context otherwise clearly requires, any reference to a
“Subsidiary” is a reference to a Subsidiary of the Company. 
 “Subsidiary Guarantee” means an agreement
substantially in the form of the subsidiary guarantee attached hereto as Exhibit 9.8. 
 “Subsidiary Guarantor” means any
Additional Subsidiary Guarantor and any Optional Subsidiary Guarantor, in each case which executes and delivers a Subsidiary Guarantee pursuant to the terms hereof. 

“Subsidiary Stock” means, with respect to any Person, the Equity Interests of any Subsidiary of such Person. 

“SVO” means the Securities Valuation Office of the NAIC or any successor to such Office. 

“Swap Contract” means (a) any and all interest rate swap transactions, basis swap transactions, basis swaps, credit
derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward foreign exchange transactions,
cap transactions, floor transactions, currency options, spot contracts or any other similar transactions or any of the foregoing (including, without limitation, any options to enter into any of the foregoing), and (b) any and all transactions
of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc. or any International Foreign Exchange
Master Agreement. 
 “Swapped Note” is defined in Section 8.6(b). 

  
 Schedule B-16 

 “Synthetic Lease” means, at any time, any lease (including leases that may
be terminated by the lessee at any time) of any property (a) that is accounted for as an operating lease under GAAP and (b) in respect of which the lessee retains or obtains ownership of the property so leased for income tax purposes,
other than any such lease under which such Person is the lessor. 
 “USA Patriot Act” means United States Public Law 107-56, Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001, as amended from time to time, and the rules and regulations
promulgated thereunder from time to time in effect. 
 “U.S. Economic Sanctions Laws” means those laws, executive orders,
enabling legislation or regulations administered and enforced by the United States pursuant to which economic sanctions have been imposed on any Person, entity, organization, country or regime, including the Trading with the Enemy Act, the
International Emergency Economic Powers Act, the Iran Sanctions Act, the Sudan Accountability and Divestment Act and any other OFAC Sanctions Program. 

“Wholly-Owned Subsidiary” means, at any time, any Subsidiary all of the equity interests (except directors’ qualifying
shares) and voting interests of which are owned by any one or more of the Company and the Company’s other Wholly-Owned Subsidiaries at such time. 

  
 Schedule B-17 

 EXHIBIT 1.3(a) 

[FORM OF SERIES 2017-A NOTE] 

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS AND, ACCORDINGLY,
NEITHER MAY BE SOLD NOR OTHERWISE TRANSFERRED UNLESS REGISTERED OR EXEMPT FROM REGISTRATION UNDER SAID ACT OR SUCH OTHER APPLICABLE LAWS. 

HENRY SCHEIN, INC. 

3.42% SERIES 2017-A SENIOR NOTE DUE
JUNE 16, 2027 
 No. 2017-A-[_____] 

PPN: 806407 D@8 
 ORIGINAL PRINCIPAL AMOUNT: 

ORIGINAL ISSUE DATE: 
 INTEREST RATE: 3.42% 

INTEREST PAYMENT PERIOD: SEMI-ANNUALLY IN ARREARS 
 FINAL
MATURITY DATE: JUNE 16, 2027 
 PRINCIPAL PREPAYMENT DATES AND AMOUNTS: FINAL MATURITY DATE 

For Value Received, the undersigned, HENRY SCHEIN, INC. (herein called the “Company”), a corporation organized and existing
under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] Dollars on the Final Maturity Date specified above (or so much thereof as shall not have been
prepaid), with interest (computed on the basis of a 360-day year of twelve 30-day months) (a) on the unpaid balance hereof at the Interest Rate per annum specified
above, plus any Acquisition Spike in effect at any time, payable semi-annually, on the 16th day of June and December in each year, commencing with the June 16 or December 16 next succeeding the date hereof, until the principal hereof shall
have become due and payable, and (b) to the extent permitted by law, on any overdue payment of interest and, during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-Whole Amount, at a rate
per annum (the “Default Rate”) from time to time equal to the greater of (i) 2% over the Interest Rate specified above or (ii) 2% over the rate of interest publicly announced by JPMorgan Chase Bank, N.A. from time to time in
New York, New York as its “base” or “prime rate”, payable semi-annually as aforesaid (or, at the option of the registered holder hereof, on demand). 

Payments of principal of, interest on and any Make-Whole Amount with respect to this Note are to be made in lawful money of the United States
of America at the principal office of JPMorgan Chase Bank, N.A. in New York, New York or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Master Note Purchase Agreement referred
to below. 
 This Note evidences the same indebtedness of the Company previously evidenced by the “Series 2017-A Notes” issued under the Second Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of June 29, 2018, and is issued as an amendment and restatement of such Series 2017-A Note as one of a series of Senior Notes (herein called the “Notes”) issued 

  
 Exhibit 1.3(a)-1 

 
pursuant to the Third Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of October 20, 2021 (as from time to time amended, restated, supplemented or otherwise
modified from time to time, the “Agreement”), between the Company, MetLife Investment Management Limited, MetLife Investment Management, LLC (formerly known as MetLife Investment Advisors Company, LLC and MetLife Investment
Advisors, LLC) and each MetLife Affiliate which becomes a party thereto and is entitled to the benefits thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth
in Section 20 of the Agreement and (ii) made the representation set forth in Section 6.2 of the Agreement. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in
the Agreement. 
 This Note is a registered Note and, as provided in the Agreement, upon surrender of this Note for registration of
transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and
registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other
purposes, and the Company will not be affected by any notice to the contrary. 
 This Note is subject to optional prepayment, in whole or
from time to time in part, at the times and on the terms specified in the Agreement, but not otherwise. 
 If an Event of Default occurs and
is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make-Whole Amount) and with the effect provided in the Agreement. 

This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by,
the law of the State of New York excluding choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than
such State. 
  

			
	HENRY SCHEIN, INC.
		
	By	 	 
	Name:
	Title:

  
 Exhibit 1.3(a)-2 

 EXHIBIT 1.3(b) 

[FORM OF SERIES 2018-A NOTE] 

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS AND, ACCORDINGLY,
NEITHER MAY BE SOLD NOR OTHERWISE TRANSFERRED UNLESS REGISTERED OR EXEMPT FROM REGISTRATION UNDER SAID ACT OR SUCH OTHER APPLICABLE LAWS. 

HENRY SCHEIN, INC. 

3.32% SERIES 2018-A SENIOR NOTE DUE
JANUARY 2, 2028 
 No. 2018-A-[_____] 

PPN: 806407 E*9 
 ORIGINAL PRINCIPAL AMOUNT: 

ORIGINAL ISSUE DATE: JANUARY 2, 2018 

INTEREST RATE: 3.32% 
 INTEREST PAYMENT PERIOD:
SEMI-ANNUALLY IN ARREARS  
 FINAL MATURITY DATE: JANUARY 2, 2028 

PRINCIPAL PREPAYMENT DATES AND AMOUNTS: FINAL MATURITY DATE 

For Value Received, the undersigned, HENRY SCHEIN, INC. (herein called the “Company”), a corporation organized and existing
under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] Dollars on the Final Maturity Date specified above (or so much thereof as shall not have been
prepaid), with interest (computed on the basis of a 360-day year of twelve 30-day months) (a) on the unpaid balance hereof at the Interest Rate per annum specified
above, plus any Acquisition Spike in effect at any time, payable semi-annually, on the 2nd day of January and July in each year, commencing with the January 2nd or July 2nd next succeeding the date hereof, until the principal hereof shall have
become due and payable, and (b) to the extent permitted by law, on any overdue payment of interest and, during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-Whole Amount, at a rate per
annum (the “Default Rate”) from time to time equal to the greater of (i) 2% over the Interest Rate specified above or (ii) 2% over the rate of interest publicly announced by JPMorgan Chase Bank, N.A. from time to time in New
York, New York as its “base” or “prime rate”, payable semi-annually as aforesaid (or, at the option of the registered holder hereof, on demand). 

Payments of principal of, interest on and any Make-Whole Amount with respect to this Note are to be made in lawful money of the United States
of America at the principal office of JPMorgan Chase Bank, N.A. in New York, New York or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Master Note Purchase Agreement referred
to below. 
 This Note evidences the same indebtedness of the Company previously evidenced by the “Series 2018-A Notes” issued under the Second Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of June 29, 2018, and is issued as an amendment and restatement of such Series 2018-A Note as one of a series of Senior Notes (herein called the “Notes”) issued pursuant to the Third Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of
October 20, 2021 (as from time to time amended, restated, supplemented or otherwise 

  
 Exhibit 1.3(b)-1 

 
modified from time to time, the “Agreement”), between the Company, MetLife Investment Management Limited, MetLife Investment Management, LLC (formerly known as MetLife Investment
Advisors Company, LLC and MetLife Investment Advisors, LLC) and each MetLife Affiliate which becomes a party thereto and is entitled to the benefits thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed
to the confidentiality provisions set forth in Section 20 of the Agreement and (ii) made the representation set forth in Section 6.2 of the Agreement. Unless otherwise indicated, capitalized terms used in this Note shall have the
respective meanings ascribed to such terms in the Agreement. 
 This Note is a registered Note and, as provided in the Agreement, upon
surrender of this Note for registration of transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for a like
principal amount will be issued to, and registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of
receiving payment and for all other purposes, and the Company will not be affected by any notice to the contrary. 
 This Note is subject to
optional prepayment, in whole or from time to time in part, at the times and on the terms specified in the Agreement, but not otherwise. 

If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner,
at the price (including any applicable Make-Whole Amount) and with the effect provided in the Agreement. 
 This Note shall be construed and
enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding choice-of-law
principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State. 
  

			
	HENRY SCHEIN, INC.
		
	By	 	 
	Name:
	Title:

  
 Exhibit 1.3(b)-2 

 EXHIBIT 1.3(c) 

[FORM OF SERIES 2020-A NOTE] 

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS AND, ACCORDINGLY,
NEITHER MAY BE SOLD NOR OTHERWISE TRANSFERRED UNLESS REGISTERED OR EXEMPT FROM REGISTRATION UNDER SAID ACT OR SUCH OTHER APPLICABLE LAWS. 

HENRY SCHEIN, INC. 

2.35% SERIES 2020-A SENIOR NOTE DUE SEPTEMBER 2, 2030 

No. 2020-A-[_____] 

PPN: 806407 E#5 
 ORIGINAL PRINCIPAL AMOUNT: 

ORIGINAL ISSUE DATE: SEPTEMBER 2, 2020 

INTEREST RATE: 2.35% 
 INTEREST PAYMENT PERIOD:
SEMI-ANNUALLY IN ARREARS 
 FINAL MATURITY DATE: SEPTEMBER 2, 2030 

PRINCIPAL PREPAYMENT DATES AND AMOUNTS: N/A 

For Value Received, the undersigned, HENRY SCHEIN, INC. (herein called the “Company”), a corporation organized and existing
under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] on the Final Maturity Date specified above (or so much thereof as shall not have been
prepaid), with interest (computed on the basis of a 360-day year of twelve 30-day months) (a) on the unpaid balance hereof at the Interest Rate per annum specified
above, plus any Additional Interest in effect at any time, payable semi-annually, on the 2nd day of March and September in each year, commencing with the March 2nd or September 2nd next succeeding the date hereof, until the principal hereof shall
have become due and payable, and (b) to the extent permitted by law, on any overdue payment of interest and, during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-Whole Amount, at a rate
per annum (the “Default Rate”) from time to time equal to the greater of (i) 2% over the Interest Rate specified above or (ii) 2% over the rate of interest publicly announced by JPMorgan Chase Bank, N.A. from time to time in New
York, New York as its “base” or “prime rate”, payable semi-annually as aforesaid (or, at the option of the registered holder hereof, on demand). 

Payments of principal of, interest on and any Make-Whole Amount with respect to this Note are to be made in lawful money of the United States
of America at the principal office of JPMorgan Chase Bank, N.A. in New York, New York or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Agreement referred to below. 

This Note evidences the same indebtedness of the Company previously evidenced by the “Series
2020-A Notes” issued under the Second Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of June 29, 2018, and is issued as an amendment and restatement of such Series 2020-A Note as one of a series of Senior Notes (herein called the “Notes”) issued 

  
 Exhibit 1.3(c)-1 

 
pursuant to the Third Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of October 20, 2021 (as from time to time amended, restated, supplemented or otherwise
modified from time to time, the “Agreement”), between the Company, MetLife Investment Management Limited, MetLife Investment Management, LLC (formerly known as MetLife Investment Advisors Company, LLC and MetLife Investment
Advisors, LLC) and each MetLife Affiliate which becomes a party thereto and is entitled to the benefits thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth
in Section 20 of the Agreement and (ii) made the representation set forth in Section 6.2 of the Agreement. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in
the Agreement. 
 This Note is a registered Note and, as provided in the Agreement, upon surrender of this Note for registration of
transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and
registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other
purposes, and the Company will not be affected by any notice to the contrary. 
 This Note is subject to optional prepayment, in whole or
from time to time in part, at the times and on the terms specified in the Agreement, but not otherwise. 
 If an Event of Default occurs and
is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make-Whole Amount) and with the effect provided in the Agreement. 

This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by,
the law of the State of New York excluding choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than
such State. 
  

			
	HENRY SCHEIN, INC.
		
	By:	 	 
	Name: Michael Amodio
	Title: Vice President and Treasurer

  
 Exhibit 1.3(c)-2 

 EXHIBIT 1.3(d) 

[FORM OF SERIES 2021-A NOTE] 

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS AND, ACCORDINGLY,
NEITHER MAY BE SOLD NOR OTHERWISE TRANSFERRED UNLESS REGISTERED OR EXEMPT FROM REGISTRATION UNDER SAID ACT OR SUCH OTHER APPLICABLE LAWS. 

HENRY SCHEIN, INC. 

2.48% SERIES 2021-A SENIOR NOTE DUE JUNE 2, 2031 

No. 2021-A-[_____] 

PPN: 806407 F@6 
 ORIGINAL PRINCIPAL AMOUNT: 

ORIGINAL ISSUE DATE: JUNE 2, 2021 

INTEREST RATE: 2.48% 
 INTEREST PAYMENT PERIOD:
SEMI-ANNUALLY IN ARREARS 
 FINAL MATURITY DATE: JUNE 2, 2031 

PRINCIPAL PREPAYMENT DATES AND AMOUNTS: N/A 

For Value Received, the undersigned, HENRY SCHEIN, INC. (herein called the “Company”), a corporation organized and
existing under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] on the Final Maturity Date specified above (or so much thereof as shall not have been
prepaid), with interest (computed on the basis of a 360-day year of twelve 30-day months) (a) on the unpaid balance hereof at the Interest Rate per annum specified
above, plus any Additional Interest in effect at any time, payable semi-annually, on the 2nd day of December and June in each year, commencing with the December 2nd or June 2nd next succeeding the date hereof, until the principal hereof shall have
become due and payable, and (b) to the extent permitted by law, on any overdue payment of interest and, during the continuance of an Event of Default, on such unpaid balance and on any overdue payment of any Make-Whole Amount, at a rate per
annum (the “Default Rate”) from time to time equal to the greater of (i) 2% over the Interest Rate specified above or (ii) 2% over the rate of interest publicly announced by JPMorgan Chase Bank, N.A. from time to time in New York,
New York as its “base” or “prime rate”, payable semi-annually as aforesaid (or, at the option of the registered holder hereof, on demand). 

Payments of principal of, interest on and any Make-Whole Amount with respect to this Note are to be made in lawful money of the United States
of America at the principal office of JPMorgan Chase Bank, N.A. in New York, New York or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Agreement referred to below. 

This Note evidences the same indebtedness of the Company previously evidenced by the “Series
2021-A Notes” issued under the Second Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of June 29, 2018, and is issued as an amendment and restatement of such Series 2021-A Note as one of a series of Senior Notes (herein called the “Notes”) issued 

  
 Exhibit 1.3(d)-1 

 
pursuant to the Third Amended and Restated Multicurrency Master Note Purchase Agreement, dated as of October 20, 2021 (as from time to time amended, restated, supplemented or otherwise
modified from time to time, the “Agreement”), between the Company, MetLife Investment Management Limited, MetLife Investment Management, LLC (formerly known as MetLife Investment Advisors Company, LLC and MetLife Investment
Advisors, LLC) and each MetLife Affiliate which becomes a party thereto and is entitled to the benefits thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth
in Section 20 of the Agreement and (ii) made the representation set forth in Section 6.2 of the Agreement. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in
the Agreement. 
 This Note is a registered Note and, as provided in the Agreement, upon surrender of this Note for registration of
transfer, duly endorsed, or accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and
registered in the name of, the transferee. Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other
purposes, and the Company will not be affected by any notice to the contrary. 
 This Note is subject to optional prepayment, in whole or
from time to time in part, at the times and on the terms specified in the Agreement, but not otherwise. 
 If an Event of Default occurs and
is continuing, the principal of this Note may be declared or otherwise become due and payable in the manner, at the price (including any applicable Make-Whole Amount) and with the effect provided in the Agreement. 

This Note shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by,
the law of the State of New York excluding choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than
such State. 
  

			
	HENRY SCHEIN, INC.
		
	By:	 	 
	Name: Michael Amodio
	Title: Vice President and Treasurer

  
 Exhibit 1.3(d)-2 

 EXHIBIT 1.4 

[FORM OF SHELF NOTE] 

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY OTHER APPLICABLE SECURITIES LAWS AND, ACCORDINGLY,
NEITHER MAY BE SOLD NOR OTHERWISE TRANSFERRED UNLESS REGISTERED OR EXEMPT FROM REGISTRATION UNDER SAID ACT OR SUCH OTHER APPLICABLE LAWS. 

HENRY SCHEIN, INC. 

[____]% SERIES ___ SENIOR NOTE DUE [__________, ____] 

No. [_____] 
 PPN[______________] 

ORIGINAL PRINCIPAL AMOUNT: 
 ORIGINAL ISSUE DATE: 

INTEREST RATE: 
 INTEREST PAYMENT PERIOD: 

FINAL MATURITY DATE: 
 PRINCIPAL PREPAYMENT DATES AND AMOUNTS:

 For Value Received, the undersigned, HENRY SCHEIN, INC. (herein called the “Company”), a corporation organized and
existing under the laws of the State of Delaware, hereby promises to pay to [____________], or registered assigns, the principal sum of [_____________________] [Dollars][Euros][British Pounds][Australian Dollars] [on the Final Maturity Date
specified above (or so much thereof as shall not have been prepaid),][, payable on the Principal Prepayment Dates and in the amounts specified above, and on the Final Maturity Date specified above in an amount equal to the unpaid balance of the
principal hereof,] with interest (computed on the basis of [a 360-day year of twelve 30-day months]1 [the actual
number of days elapsed and a 365-day year]2) (a) on the unpaid balance hereof at the Interest Rate per annum specified above, plus any Acquisition
Spike in effect at any time, payable [quarterly][semi-annually], on the [___] day of [__________], [__________], [__________] and [_________] in each year, commencing with the [__________], [__________], [__________] or [_________] next succeeding
the date hereof, until the principal hereof shall have become due and payable, and (b) to the extent permitted by law, on any overdue payment of interest and, during the continuance of an Event of Default, on such unpaid balance and on any
overdue payment of any Make-Whole Amount, at a rate per annum (the “Default Rate”) from time to time equal to the greater of (i) 2% over the Interest Rate specified above or (ii) 2% over [the rate of interest publicly announced
by JPMorgan Chase Bank, N.A. from time to time in New York, New York as its “base” or “prime rate”]3 [EONIA]4, payable
[quarterly][semi-annually] as aforesaid (or, at the option of the registered holder hereof, on demand). 
  
  

 
  

	1 	 Use for Notes denominated in Dollars, Euros or Australian Dollars. 

	2 	 Use for Notes denominated in British Pounds. 

	3 	 Use for Notes denominated in Dollars, British Pounds or Australian Dollars. 

	4 	 Use for Notes denominated in Euros. 

  
 Exhibit 1.4-1 

 Payments of principal of, interest on and any Make-Whole Amount with respect to this Note
are to be made in [lawful money of the United States of America] [the single currency of the European Union] [lawful money of the United Kingdom] [lawful money of Australia] at the principal office of JPMorgan Chase Bank, N.A. in New York, New York
or at such other place as the Company shall have designated by written notice to the holder of this Note as provided in the Shelf Agreement referred to below. 

This Note is one of a series of Senior Notes (herein called the “Notes”) issued pursuant to the Third Amended and Restated
Multicurrency Master Note Purchase Agreement, dated as of October 20, 2021 (as from time to time amended, restated, supplemented or otherwise modified from time to time, the “Agreement”), between the Company, MetLife Investment
Management Limited, MetLife Investment Management, LLC (formerly known as MetLife Investment Advisors Company, LLC and MetLife Investment Advisors, LLC) and each MetLife Affiliate which becomes a party thereto and is entitled to the benefits
thereof. Each holder of this Note will be deemed, by its acceptance hereof, to have (i) agreed to the confidentiality provisions set forth in Section 20 of the Agreement and (ii) made the representation set forth in Section 6.2
of the Agreement. Unless otherwise indicated, capitalized terms used in this Note shall have the respective meanings ascribed to such terms in the Agreement. 

This Note is a registered Note and, as provided in the Agreement, upon surrender of this Note for registration of transfer, duly endorsed, or
accompanied by a written instrument of transfer duly executed, by the registered holder hereof or such holder’s attorney duly authorized in writing, a new Note for a like principal amount will be issued to, and registered in the name of, the
transferee. Prior to due presentment for registration of transfer, the Company may treat the person in whose name this Note is registered as the owner hereof for the purpose of receiving payment and for all other purposes, and the Company will not
be affected by any notice to the contrary. 
 [The Company will make required prepayments of principal on the dates and in the amounts
specified above and in the Agreement.] [This Note is [also] subject to [optional] prepayment, in whole or from time to time in part, at the times and on the terms specified in the Agreement, but not otherwise.] [This Note is not subject to
prepayment.] 
 If an Event of Default occurs and is continuing, the principal of this Note may be declared or otherwise become due and
payable in the manner, at the price (including any applicable Make-Whole Amount) and with the effect provided in the Agreement. 
 This Note
shall be construed and enforced in accordance with, and the rights of the Company and the holder of this Note shall be governed by, the law of the State of New York excluding
choice-of-law principles of the law of such State that would permit the application of the laws of a jurisdiction other than such State. 

 

			
	HENRY SCHEIN, INC.
		
	By	 	 
	Name:
	Title:

  
 Exhibit 1.4-2EX-10.1

 EXHIBIT 10.1 

AMENDMENT NO. 7 TO RECEIVABLES PURCHASE AGREEMENT 

This AMENDMENT NO. 7 TO RECEIVABLES PURCHASE AGREEMENT, dated as of October 20, 2021 (this “Amendment”), is entered into
among HSFR, INC., a Delaware corporation, as seller (the “Seller”), the TD PURCHASERS (as defined below) and the other PURCHASERS LISTED ON THE SIGNATURE PAGES HERETO (the “Purchasers”), the TD PURCHASER AGENT (as
defined below) and the other PURCHASER AGENTS LISTED ON THE SIGNATURE PAGES HERETO (the “Purchaser Agents”), MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as agent (in such capacity, together with its successors
and assigns in such capacity, the “Agent”) for each Purchaser Group, and, HENRY SCHEIN, INC. (“HS”), a Delaware corporation, as initial servicer (in such capacity, the “Servicer”), and, solely with
respect to Section 12, (the “Performance Guarantor”). 
 BACKGROUND 

A. The Seller, the Servicer, Purchasers, Purchaser Agents and Agent are parties to a Receivables Purchase Agreement, dated as of
April 17, 2013 (as amended by that certain Omnibus Amendment No. 1, dated as of July 22, 2013, that certain Omnibus Amendment No. 2, dated as of April 21, 2014, that certain Amendment No. 1 to Receivables Purchase
Agreement, dated as of September 22, 2014, that certain Amendment No. 2 to Receivables Purchase Agreement, dated as of April 17, 2015, that certain Amendment No. 3 to Receivables Purchase Agreement, dated as of June 1, 2016,
that certain Amendment No. 4 to Receivables Purchase Agreement, dated as of July 6, 2017, that certain Amendment No. 5 to Receivables Purchase Agreement, dated as of March 13, 2019, that certain Amendment No. 6 to
Receivables Purchase Agreement, dated as of June 22, 2020, and as further amended, restated, modified or supplemented through the date hereof, the “Receivables Purchase Agreement”). 

B. The TD Purchasers and the TD Purchaser Agents are entering into this Amendment to become parties to the Receivables Purchase Agreement.

 C. The parties are entering into this Amendment to amend or otherwise modify the Receivables Purchase Agreement. 

AGREEMENT 

Definitions. Capitalized terms are used in this Amendment as defined in Exhibit I to the Receivables Purchase Agreement. The rules of
interpretation set forth in Appendix A to the Receivables Purchase Agreement are hereby incorporated as if fully set forth herein. As used in this Amendment, unless the context requires a different meaning, the following terms have the meanings
indicated herein below: 
 “MUFG Purchaser Agent” means MUFG, in its capacity as Purchaser Agent for the MUFG Purchaser
Group. 
 “MUFG Committed Purchaser” means MUFG, in its capacity as Related Committed Purchaser for the MUFG Purchaser
Group. 
 “MUFG Conduit Purchaser” means Victory Receivables Corporation, in its capacity as Conduit Purchaser for the MUFG
Purchaser Group. 

 “MUFG Purchaser Group” means the Purchaser Group with MUFG Conduit
Purchaser, as a Conduit Purchaser, MUFG Committed Purchaser, as Related Committed Purchaser and the MUFG Purchaser Agent. 
 “TD
Committed Purchaser” means The Toronto Dominion Bank in its capacity as Related Committed Purchaser for the TD Bank Purchaser Group. 

“TD Conduit Purchaser” means GTA Funding LLC. 

“TD Purchaser Agent” means The Toronto Dominion Bank in its capacity as Purchaser Agent for the TD Bank Purchaser Group. 

“TD Purchaser Group” means the Purchaser Group with TD Conduit Purchaser, as Conduit Purchaser, TD Committed Purchaser, as
Related Committed Purchaser and TD Purchaser Agent, as Purchaser Agent. 
 “TD Purchasers” means the TD Committed Purchaser
and TD Conduit Purchaser. 
 Assumption by TD Committed Purchaser and TD Purchaser Agent.  

The Seller desires for (x) the TD Committed Purchaser to become a Committed Purchaser and Related Committed Purchaser for the TD
Purchaser Group, (y) the TD Conduit Purchaser to become a Conduit Purchaser and Uncommitted Purchaser for the TD Purchaser Group and (z) the TD Purchaser Agent to become a Purchaser Agent for the TD Purchaser Group, in each case, under the
Receivables Purchase Agreement and, upon the terms and subject to the conditions set forth in the Receivables Purchase Agreement and the other Transaction Documents, (x) the TD Committed Purchaser agrees to become a Committed Purchaser and
Related Committed Purchaser for the TD Purchaser Group, (y) the TD Conduit Purchaser agrees to become a Conduit Purchaser and Uncommitted Purchaser for the TD Purchaser Group and (z) the TD Purchaser Agent agrees to become a Purchaser
Agent for the TD Purchaser Group, in each case, under the Receivables Purchase Agreement. 
 Upon satisfaction of the conditions specified
in Section 6 of this Amendment, the TD Purchasers and TD Purchaser Agent shall become a party to, and have the rights and obligations of a (x) Related Committed Purchaser, in the case of the TD Committed Purchaser,
(y) a Conduit Purchaser and Uncommitted Purchaser, in the case of the TD Conduit Purchaser and (z) Purchaser Agent, in the case of the TD Purchaser Agent, in each case, under the Receivables Purchase Agreement and the other Transaction
Documents. 
 Assignment and Reallocation. 

Each of the parties to this Amendment severally and for itself agrees that on and as of the date hereof, for good and valuable consideration,
the MUFG Purchaser Agent, on behalf of the MUFG Purchaser Group, hereby irrevocably sells, transfers, conveys and assigns, without recourse, representation or warranty, to the TD Purchaser Agent, and the TD Purchaser Agent, on behalf of the TD
Purchaser Group, hereby irrevocably purchases from the MUFG Purchaser Agent and the MUFG Purchaser Group, certain of the rights and obligations of the MUFG Purchaser Agent and the MUFG Purchaser Group under the Receivables Purchase Agreement

  
 2 

 
and each other Transaction Document in respect of (i) the Group Invested Amount of the MUFG Purchaser Group and (ii) the Commitment of the MUFG Committed Purchaser for the MUFG
Purchaser Group under the Receivables Purchase Agreement such that, after giving effect to the foregoing assignment and delegation and the amendments set forth in Section 4, (i) the Group Invested Amount of each Purchaser
Group and (ii) the Commitment of the Related Committed Purchaser for each Purchaser Group for the purposes of the Receivables Purchase Agreement and each other Transaction Document shall be as set forth on Exhibit XV of the Receivables
Purchase Agreement, as amended by this Amendment. 
 As consideration for the reallocation set forth in clause (a) above, the TD
Purchaser Agent agrees to cause its Purchaser Group to, no later than 2:00 p.m. (New York time), on the date hereof, pay an amount equal to $50,000,000 to the MUFG Purchaser Agent, on behalf of the MUFG Purchaser Agent’s MUFG Purchaser Group,
in accordance with the payment instructions set forth in the Receivables Purchase Agreement. 
 Amendments to Receivables Purchase
Agreement. The parties to the Receivables Purchase Agreement hereby agree that the Receivables Purchase Agreement is hereby amended in its entirety in the form attached hereto as Annex A. 

Representations and Warranties. Each of the Seller and Servicer hereby certifies, represents and warrants to the Agent, each Purchaser
Agent and each Purchaser that on and as of the date hereof: 
 (a) each of its representations and warranties contained in Article V of the
Receivables Purchase Agreement is true and correct, in all material respects, on and as of the date hereof; and 
 (b) no Termination Event
or Unmatured Termination Event exists. 
 Conditions to Effectiveness. This Amendment shall become effective on the date (the
“Effective Date”) when each Purchaser Agent shall have received: 
 counterparts of this Amendment duly executed by the
other parties hereto; 
 a copy of the resolutions of the Board of Directors of each Seller Party and Performance Guarantor certified by its
Secretary authorizing such Person’s execution, delivery and performance of this Amendment and the performance of its obligations under the Receivables Purchase Agreement (as amended by this Amendment); 

counterparts of that certain Fifth Amended and Restated Fee Letter, dated as of the date hereof, duly executed by the parties thereto; and

 the payment of all fees due and owing under the Fifth Amended and Restated Fee Letter on the date hereof. 

Ratification. This Amendment constitutes an amendment to the Receivables Purchase Agreement. After the execution and delivery of this
Amendment, all references to the Receivables Purchase Agreement in any document shall be deemed to refer to the Receivables 

  
 3 

 
Purchase Agreement as amended by this Amendment, unless the context otherwise requires. Except as amended above, the Receivables Purchase Agreement is hereby ratified in all respects. Except as
set forth above, the execution, delivery and effectiveness of this Amendment shall not operate as an amendment or waiver of any right, power or remedy of the parties hereto under the Receivables Purchase Agreement, nor constitute an amendment or
waiver of any provision of the Receivables Purchase Agreement. This Amendment shall not constitute a course of dealing among the parties hereto at variance with the Receivables Purchase Agreement such as to require further notice by any of the
Agent, the Purchaser Agents or the Purchasers to require strict compliance with the terms of the Receivables Purchase Agreement in the future, as amended by this Amendment, except as expressly set forth herein. The Seller hereby acknowledges and
expressly agrees that each of the Agent, the Purchaser Agents and the Purchasers reserves the right to, and does in fact, require strict compliance with all terms and provisions of the Receivables Purchase Agreement, as amended herein. 

Counterparts. This Amendment may be executed in any number of counterparts and by different parties on separate counterparts, and each
counterpart shall be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument. Counterparts of this Amendment may be delivered by facsimile transmission or other electronic transmission, and such
counterparts shall be as effective as if original counterparts had been physically delivered, and thereafter shall be binding on the parties hereto and their respective successors and assigns. 

Governing Law. This Amendment shall be governed by, and construed in accordance with the law of the State of New York without regard to
the principles of conflicts of law thereof (other than Sections 5-1401 and 5-1402 of the New York General Obligations Law). 

Section Headings. The various headings of this Amendment are inserted for convenience only and shall not affect the meaning or
interpretation of this Amendment, the Receivables Purchase Agreement or any other Transaction Document or any provision hereof or thereof. 

Transaction Document. This Amendment shall constitute a Transaction Document under the Receivables Purchase Agreement. 

Ratification of Performance Undertaking. After giving effect to this Amendment and the transactions contemplated hereby, all of the
provisions of the Performance Undertaking shall remain in full force and effect and the Performance Guarantor hereby ratifies and affirms the Performance Undertaking and acknowledges that the Performance Undertaking has continued and shall continue
in full force and effect in accordance with its terms. 
 [Signature Pages Follow] 

  
 4 

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

			
	 HSFR INC.,

as Seller

	
		
	By:	 	 /s/ Michael Amodio

		 	 Name: Michael Amodio

		 	 Title: Treasurer

 
			
	 HENRY SCHEIN, INC.,

as Servicer

	
		
	By:	 	 /s/ Michael Amodio

		 	 Name: Michael Amodio

		 	 Title:    Vice President and Treasurer

  

			
		
		 	 Solely with respect to Section 12:

		 	
		 	 HENRY SCHEIN, INC.,

		 	 as Performance Guarantor

  

			
		
	By:	 	 /s/ Michael Amodio

		 	 Name: Michael Amodio

		 	 Title:    Vice President and Treasurer

 
			
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as Purchaser Agent for Victory Receivables Corporation
		
	By:	 	/s/ Eric Williams
		 	Name: Eric Williams
		 	Title: Managing Director

 
			
	VICTORY RECEIVABLES CORPORATION, as an Uncommitted Purchaser
	
		
	By:	 	/s/ Kevin J. Corrigan
		 	Name: Kevin J. Corrigan
		 	Title: Vice President

 
			
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as Related Committed Purchaser for Victory Receivables Corporation
		
	By:	 	/s/ Eric Williams
		 	Name: Eric Williams
		 	Title: Managing Director

 
			
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as Agent
		
	By:	 	/s/ Eric Williams
		 	Name: Eric Williams
		 	Title: Managing Director

 
			
	THE TORONTO DOMINION BANK, as Purchaser Agent and the Related Committed Purchaser for the TD Purchaser Group
		
	By:	 	/s/ Luna Mills
		 	Name: Luna Mills
		 	Title: Managing Director

 
			
	GTA FUNDING LLC, as a Conduit Purchaser and an Uncommitted Purchaser for the TD Purchaser Group
		
	By:	 	/s/ Kevin J. Corrigan
		 	Name: Kevin J. Corrigan
		 	Title: Vice President

 Annex A 

RECEIVABLES PURCHASE AGREEMENT 

[Attached] 

 Annex A to Seventh Amendment 

RECEIVABLES PURCHASE AGREEMENT 

DATED AS OF APRIL 17, 2013 

as amended by that certain Omnibus Amendment No. 1, dated as of July 22, 2013, that certain
Omnibus Amendment No. 2, dated as of April 21, 2014, that certain Amendment No. 1 to Receivables Purchase Agreement, dated as of September 22, 2014, that certain Amendment No. 2 to Receivables Purchase Agreement, dated as of
April 17, 2015, that certain Amendment No. 3 to Receivables Purchase Agreement, dated as of June 1, 2016, that certain Amendment No. 4 to Receivables Purchase Agreement, dated as of July 6, 2017, that certain Amendment
No. 5 to Receivables Purchase Agreement, dated as of March 13, 2019, that certain Amendment No. 6 to Receivables Purchase Agreement, dated as of June 22, 2020 and that certain Amendment No. 7 to Receivables Purchase
Agreement, dated October 20, 2021 
 AMONG 

HSFR, INC., AS SELLER, 

HENRY SCHEIN, INC., AS INITIAL SERVICER, 

THE VARIOUS PURCHASER GROUPS FROM TIME TO TIME PARTY HERETO 

AND 
 MUFG BANK, LTD.
(F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), AS AGENT 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
	 ARTICLE I. PURCHASE ARRANGEMENTS
	  			
			
	 Section 1.1
	 	Purchase Facility	  	 	1	 
			
	 Section 1.2
	 	Incremental Purchases	  	 	2	 
			
	 Section 1.3
	 	Decreases	  	 	3	 
			
	 Section 1.4
	 	Deemed Collections; Purchase Limit	  	 	3	 
			
	 Section 1.5
	 	Payment Requirements and Computations	  	 	4	 
			
	 Section 1.6
	 	Sharing of Payments, etc.	  	 	4	 
			
	 Section 1.7
	 	Taxes	  	 	5	 
		
	 ARTICLE II. PAYMENTS AND COLLECTIONS
	  			
			
	 Section 2.1
	 	Payments of Recourse Obligations	  	 	5	 
			
	 Section 2.2
	 	Collections Prior to the Facility Termination Date	  	 	6	 
			
	 Section 2.3
	 	Repayment on the Facility Termination Date; Collections	  	 	6	 
			
	 Section 2.4
	 	Payment Rescission	  	 	7	 
		
	 ARTICLE III. COMMERCIAL PAPER FUNDING
	  			
			
	 Section 3.1
	 	CP Costs	  	 	7	 
			
	 Section 3.2
	 	Calculation of CP Costs	  	 	7	 
			
	 Section 3.3
	 	CP Costs Payments	  	 	7	 
			
	 Section 3.4
	 	Default Rate	  	 	7	 
		
	 ARTICLE IV. BANK FUNDINGS
	  			
			
	 Section 4.1
	 	Bank Fundings	  	 	7	 
			
	 Section 4.2
	 	Yield Payments	  	 	8	 
			
	 Section 4.3
	 	Suspension of the LIBO Rate	  	 	8	 
			
	 Section 4.4
	 	Default Rate	  	 	8	 
			
	 Section 4.5
	 	Effect of Benchmark Transition Event	  	 	8	 
		
	 ARTICLE V. REPRESENTATIONS AND WARRANTIES
	  			
			
	 Section 5.1
	 	Representations and Warranties of the Seller	  	 	11	 
			
	 Section 5.2
	 	Representations and Warranties of the Seller With Respect to Each Sale of Receivables	  	 	15	 
			
	 Section 5.3
	 	Representations and Warranties of Servicer	  	 	16	 
		
	 ARTICLE VI. CONDITIONS OF PURCHASES
	  			
			
	 Section 6.1
	 	Conditions Precedent to Initial Incremental Purchase; Closing Date	  	 	19	 
			
	 Section 6.2
	 	Conditions Precedent to All Purchases and Reinvestments	  	 	19	 

  
 i 

							
	 ARTICLE VII. COVENANTS
	  			
			
	 Section 7.1
	 	Affirmative Covenants of the Seller	  	 	20	 
			
	 Section 7.2
	 	Negative Covenants of the Seller	  	 	24	 
			
	 Section 7.3
	 	Affirmative Covenants of the Servicer	  	 	27	 
			
	 Section 7.4
	 	Negative Covenants of the Servicer	  	 	30	 
		
	 ARTICLE VIII. ADMINISTRATION AND COLLECTION
	  			
			
	 Section 8.1
	 	Designation of Servicer	  	 	32	 
			
	 Section 8.2
	 	Duties of Servicer	  	 	32	 
			
	 Section 8.3
	 	Collection Notices	  	 	33	 
			
	 Section 8.4
	 	Responsibilities of Seller	  	 	34	 
			
	 Section 8.5
	 	Settlement Reports	  	 	34	 
			
	 Section 8.6
	 	Servicing Fee	  	 	34	 
		
	 ARTICLE IX. TERMINATION EVENTS
	  			
			
	 Section 9.1
	 	Termination Events	  	 	34	 
			
	 Section 9.2
	 	Remedies	  	 	38	 
		
	 ARTICLE X. INDEMNIFICATION
	  			
			
	 Section 10.1
	 	Indemnities by the Seller Parties	  	 	38	 
			
	 Section 10.2
	 	Increased Cost and Reduced Return	  	 	41	 
			
	 Section 10.3
	 	Other Costs and Expenses	  	 	41	 
		
	 ARTICLE XI. THE AGENTS
	  			
			
	 Section 11.1
	 	Appointment and Authorization	  	 	42	 
			
	 Section 11.2
	 	Delegation of Duties	  	 	43	 
			
	 Section 11.3
	 	Exculpatory Provisions	  	 	43	 
			
	 Section 11.4
	 	Reliance by Agents	  	 	43	 
			
	 Section 11.5
	 	Notice of Termination Events	  	 	44	 
			
	 Section 11.6
	 	Non-Reliance on Agent, Purchaser Agents and Other Purchasers	  	 	44	 
			
	 Section 11.7
	 	Agents and Affiliates	  	 	45	 
			
	 Section 11.8
	 	Indemnification	  	 	45	 
			
	 Section 11.9
	 	Successor Agent	  	 	45	 
			
	 Section 11.10
	 	Erroneous Payment	  	 	45	 
		
	 ARTICLE XII. ASSIGNMENTS AND PARTICIPATIONS
	  			
			
	 Section 12.1
	 	Successors and Assigns; Participations; Assignments	  	 	47	 

  
 ii 

							
	 ARTICLE XIII. MISCELLANEOUS
	  			
			
	 Section 13.1
	 	Waivers and Amendments	  	 	49	 
			
	 Section 13.2
	 	Notices	  	 	50	 
			
	 Section 13.3
	 	Protection of Agent’s Security Interest	  	 	50	 
			
	 Section 13.4
	 	Confidentiality	  	 	51	 
			
	 Section 13.5
	 	Bankruptcy Petition	  	 	52	 
			
	 Section 13.6
	 	Limitation of Liability	  	 	52	 
			
	 Section 13.7
	 	CHOICE OF LAW	  	 	52	 
			
	 Section 13.8
	 	CONSENT TO JURISDICTION	  	 	53	 
			
	 Section 13.9
	 	WAIVER OF JURY TRIAL	  	 	53	 
			
	 Section 13.10
	 	Integration; Binding Effect; Survival of Terms	  	 	53	 
			
	 Section 13.11
	 	Counterparts; Severability; Section References	  	 	54	 
			
	 Section 13.12
	 	Characterization	  	 	54	 
			
	 Section 13.13
	 	Federal Reserve	  	 	55	 
			
	 Section 13.14
	 	Patriot Act	  	 	55	 

  
 iii 

 Exhibits and Schedules 
  

			
	 Exhibit I
	  	 Definitions

		
	 Exhibit II
	  	 Form of Purchase Notice

		
	 Exhibit III
	  	 Places of Business of the Seller Parties; Locations of Records

		
	 Exhibit IV
	  	 Form of Compliance Certificate

		
	 Exhibit V
	  	 Form of Collection Account Agreement

		
	 Exhibit VI
	  	 Form of Settlement Report

		
	 Exhibit VII
	  	 Form of Assumption Agreement

		
	 Exhibit VIII
	  	 Form of Transfer Supplement

		
	 Exhibit IX
	  	 Form of Performance Undertaking

		
	 Exhibit X
	  	 List of Responsible Officers

		
	 Exhibit XI
	  	 Form of Interim Settlement Report

		
	 Exhibit XII
	  	 Form of Reduction Notice

		
	 Exhibit XIII
	  	 Form of Maximum Purchase Limit Decrease Request

		
	 Exhibit XIV
	  	 Calculation Periods

		
	 Exhibit XV
	  	 Purchaser Groups

		
	 Schedule A
	  	 Closing Documents

  
 iv 

 RECEIVABLES PURCHASE AGREEMENT 

THIS RECEIVABLES PURCHASE AGREEMENT, dated as of April 17, 2013 is entered into by and among: 

(a) HSFR, Inc., a Delaware corporation (“Seller”), 

(b) Henry Schein, Inc., a Delaware corporation (“Schein”), as initial Servicer (the Servicer together
with Seller, the “Seller Parties” and each, a “Seller Party”), 
 (c) the
various Purchaser Groups from time to time party hereto, and 
 (d) MUFG Bank, Ltd. (f/k/a The Bank of Tokyo-Mitsubishi UFJ,
Ltd.), as agent for each Purchaser Group (together with its successors and assigns in such capacity, the “Agent”). 
 Unless
defined elsewhere herein, capitalized terms used in this Agreement shall have the meanings assigned to such terms in Exhibit I. 

PRELIMINARY STATEMENTS 

1. Seller desires to transfer and assign Receivable Interests from time to time. 

2. The Purchasers desire to purchase Receivable Interests from Seller from time to time. 

3. MUFG Bank, Ltd. (f/k/a The Bank of Tokyo-Mitsubishi UFJ, Ltd.) has been requested and is willing to act as Agent on behalf of the
Purchasers and their assigns in accordance with the terms hereof. 
 In consideration of the mutual agreements, provisions and covenants
contained herein, the sufficiency of which is hereby acknowledged, the parties hereto agree as follows: 
 ARTICLE I. 

PURCHASE ARRANGEMENTS 

Section 1.1 Purchase Facility. 

(a) Upon the terms and subject to the conditions of this Agreement (including, without limitation, Article VI), from time to time prior
to the Facility Termination Date, Seller may request that the Purchaser Groups purchase from Seller undivided ownership interests in the Receivables and the associated Related Security and Collections (which interest shall be held by the Agent on
behalf of the applicable Purchasers). Each Uncommitted Purchaser may (in its sole discretion), and each Related Committed Purchaser severally hereby agrees to, make Incremental Purchases, on the terms and subject to the conditions hereof before the
Facility Termination Date, ratably based on the applicable Purchaser Group’s Ratable Share of each Incremental Purchase requested pursuant to Section 1.2 (and, in the case of each Related Committed Purchaser, its
Commitment Percentage of its Purchaser Group’s Ratable Share of such 

 
Purchase); provided that no Purchase shall be made by any Purchaser if, after giving effect thereto, either (i) if such Purchaser is a Related Committed Purchaser, such
Purchaser’s aggregate Invested Amount would exceed its Available Commitment, (ii) the Group Invested Amount would exceed the Group Commitment for such Purchaser’s Purchaser Group, (iii) the aggregate of the Receivable Interests
would exceed 100% or (iv) the Aggregate Invested Amount would exceed the Maximum Purchase Limit. It is the intent of the Conduit Purchasers to fund any Purchases hereunder through the issuance of Commercial Paper. If any Purchaser funds or
refinances its investment in a Receivable Interest through any means other than the issuance of Commercial Paper, in lieu of paying CP Costs on the Invested Amount pursuant to Article III hereof, Seller will pay Yield thereon at the
applicable Yield Rate in accordance with Article IV hereof. Nothing herein shall be deemed to constitute a commitment of any Conduit Purchaser to issue Commercial Paper. 

(b) Seller may in its sole discretion, upon at least 45 Business Days’ written notice to the Agent (which shall promptly forward a copy
to each Purchaser Agent), call and repurchase from the Purchasers all right, title and interest in the Receivables and terminate the purchase facility in whole, or upon at least 15 Business Days’ written notice in a form set forth as Exhibit
XIII (each such notice, a “Maximum Purchase Limit Decrease Notice”) to the Agent (which shall promptly forward a copy to each Purchaser Agent) reduce in part the unused portion of the Maximum
Purchase Limit (but not below the amount which would cause the Group Invested Amount of any Purchaser Group to exceed its Group Commitment (after giving effect to such reduction) and, unless terminated in whole, not below $200,000,000);
provided that each partial reduction of the Maximum Purchase Limit shall be in an amount equal to $10,000,000 (or a larger integral multiple of $1,000,000 if in excess thereof). Such reduction shall, unless otherwise agreed to in
writing by the Seller, the Agent and each Purchaser Agent, be applied ratably to reduce the Group Commitment of each Purchaser Group. 
 (c)
Seller may from time to time request that the Purchaser Groups increase their respective existing Group Commitments and, to the extent the existing Purchaser Groups do not consent to any such requested increase, Seller may add a new Purchaser Group
as a party hereto; provided that (i) each Purchaser Agent (on behalf of the related Purchaser Group) shall, in its sole discretion, make a determination whether or not to grant any request to increase its Purchaser Group’s
Group Commitment and (ii) the prior written consent of the Agent shall be required for any such increase or addition (such consent not to be unreasonably withheld, conditioned or delayed). 

Section 1.2 Incremental Purchases. Seller shall provide the Agent and each Purchaser Agent with at least one (1) Business
Day’s prior written notice in a form set forth as Exhibit II hereto of each Incremental Purchase (each, a “Purchase Notice”) by 12:00 noon (New York time) on the Business Day prior to
the Purchase Date. Each Purchase Notice shall be subject to Section 6.2 hereof and, except as set forth below, shall be irrevocable and shall specify the requested Purchase Price (which shall not be less than $1,000,000, or
a larger integral multiple of $100,000, with respect to each Purchaser Group) and the Purchase Date. Following receipt of a Purchase Notice, the applicable Purchaser Agent will determine whether the related Uncommitted Purchaser will fund the
requested Incremental Purchase. If such Uncommitted Purchaser (in its sole discretion) elects not to fund an Incremental Purchase, the Incremental Purchase shall be funded ratably by its Related Committed Purchasers (in accordance with such Related
Committed Purchasers’ Available Commitments). On each Purchase Date, upon 

  
 2 

 
satisfaction of the applicable conditions precedent set forth in Article VI, each applicable Purchaser shall deposit to the Facility Account, in immediately available funds, no later than
2:00 p.m. (New York time), an amount equal to such Purchaser’s portion (based on each Purchaser Group’s Ratable Share and, if applicable, such Purchaser’s Available Commitment) of the requested Purchase Price. 

Section 1.3 Decreases. 

(a) Optional Reductions. Seller shall provide the Agent and each Purchaser Agent with prior written irrevocable notice in the form set
forth as Exhibit XII hereto (a “Reduction Notice”) of any proposed reduction of Aggregate Invested Amount (a) at least three (3) Business Days prior to any such proposed reduction greater than or equal to
$50,000,000 and (b) at least one (1) Business Day prior to any such proposed reduction less than $50,000,000. Such Reduction Notice shall designate (i) the date (the “Proposed Reduction Date”) upon which any
such reduction of Aggregate Invested Amount shall occur, and (ii) the amount of Aggregate Invested Amount to be reduced (the “Aggregate Reduction”) which shall be applied to all Receivable Interests (ratably, according
to each Purchaser’s aggregate Invested Amount). 
 (b) Mandatory Reductions. Seller shall also ensure that the aggregate of the
Receivable Interests shall at no time exceed 100%. If the aggregate of the Receivable Interests exceeds 100%, Seller shall pay to each Purchaser Agent for the benefit of the related Purchasers on or before the next Business Day an amount to be
applied to reduce the Aggregate Invested Amount (ratably, according to each Purchaser’s aggregate Invested Amount), such that after giving effect to such payment the aggregate of the Receivable Interests equals or is less than 100%. 

Section 1.4 Deemed Collections; Maximum Purchase Limit. 

(a) If on any day: 

(i) the Outstanding Balance of any Receivable is reduced or cancelled as a result of any credit issued for returned or
repossessed goods, any shortages, any pricing adjustment, any volume rebate or any other allowance, adjustment or deduction by Originator or any Affiliate thereof, or as a result of any governmental or regulatory action, or 

(ii) the Outstanding Balance of any Receivable is reduced or canceled as a result of a setoff or disputed item in respect of
any claim by the Obligor thereof (whether such claim arises out of the same or a related or an unrelated transaction), or 

(iii) the Outstanding Balance of any Receivable is reduced on account of the obligation of Originator or any Affiliate thereof
to pay to the related Obligor any rebate or refund, or 
 (iv) the Outstanding Balance of any Receivable is less than the
amount included in calculating the Net Pool Balance for purposes of any Settlement Report (for any reason other than receipt of Collections), or 

  
 3 

 (v) any of the representations or warranties of Seller with respect to any
Receivable set forth in Article V were not true in all material respects when made, 
 then, on such day, Seller shall (I) be deemed to have
received a Collection of such Receivable (A) in the case of clauses (i) through (iv) above, in the amount of such reduction or cancellation or the difference between the actual Outstanding Balance and the amount included in
calculating such Net Pool Balance, as applicable; and (B) in the case of clause (v) above, in the amount of the Outstanding Balance of such Receivable and, not later than two (2) Business Days thereafter shall pay to the
Collection Account the amount of any such Collection deemed to have been received or (II) prior to the occurrence of a Termination Event, setoff the amount of such reduction or cancellation against the purchase price otherwise owed to the
Applicable Originator for additional Receivables. 
 (b) Seller shall ensure that the Aggregate Invested Amount at no time exceeds the
Maximum Purchase Limit. If at any time the Aggregate Invested Amount exceeds the Maximum Purchase Limit, Seller shall pay to each Purchaser Agent for the benefit of the related Purchasers immediately an amount to be applied to reduce the Aggregate
Invested Amount (ratably, according to each Purchaser’s aggregate Invested Amount), such that after giving effect to such payment the Aggregate Invested Amount is less than or equal to the Maximum Purchase Limit. 

Section 1.5 Payment Requirements and Computations. All amounts to be paid or deposited by any Seller Party pursuant to any
provision of this Agreement shall be paid or deposited in accordance with the terms hereof no later than 2:00 p.m. (New York time) on the day when due in immediately available funds, and if not received before 2:00 p.m. (New York time) shall
be deemed to be received on the next succeeding Business Day. If such amounts are payable to or for the account of any Purchaser, such amounts shall be paid to the account from time to time specified by the related Purchaser Agent to the Seller and
the Servicer. All computations of CP Costs, Yield, per annum fees calculated as part of any CP Costs, per annum fees hereunder and per annum fees under the Fee Letters shall be made on the basis of a year of 360 days for the
actual number of days elapsed (other than Yield calculated at the Prime Rate or the Federal Funds Effective Rate, which shall be made on the basis of a year of 365 or 366 days, as the case may be). If any amount hereunder shall be payable on a day
which is not a Business Day, such amount shall be payable on the next succeeding Business Day. 
 Section 1.6 Sharing of Payments,
etc. If any Purchaser (for purpose of this Section 1.6 only, a “Recipient”) shall obtain any payment (whether voluntary, involuntary, through the exercise of any right
of setoff, or otherwise) on account of any interest in the Receivable Interest owned by it in excess of its ratable share thereof, such Recipient shall forthwith purchase from the Purchasers entitled to a share of such amount participations in the
percentage interests owned by such Persons as shall be necessary to cause such Recipient to share the excess payment ratably with each such other Person entitled thereto; provided that if all or any portion of such
excess payment is thereafter recovered from such Recipient, such purchase from each such other Person shall be rescinded and each such other Person shall repay to the Recipient the purchase price paid by such Recipient for such participation to the
extent of such recovery, together with an amount equal to such other Person’s ratable share (according to the proportion of (a) the amount of such other Person’s required payment to (b) the total amount so recovered from the
Recipient) of any interest or other amount paid or payable by the Recipient in respect of the total amount so recovered. 

  
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 Section 1.7 Taxes. 

(a) The Seller agrees that any and all payments by the Seller under this Agreement shall be made free and clear of and without deduction for
any and all current or future taxes, stamp or other taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, other than Excluded Taxes; provided that if the Seller shall be required under applicable law
to deduct any such taxes from such payments, then (i) the Seller shall make such deductions, and (ii) the Seller shall pay the full amount deducted to the relevant Official Body in accordance with applicable law, the sum payable shall be
increased as necessary so that after making all required deductions the recipient of such payment receives an amount equal to the sum it would have received had no such deductions been made. 

(b) The Agent, each Purchaser Agent (if other than the Agent) and each Purchaser agrees to provide, on or before the first date on which any
payment is required to be made to such Person under this Agreement, (i) a properly completed and duly executed Internal Revenue Service Form W-9, (ii) a properly completed, duly executed Internal Revenue
Service Form W-8ECI, or (iii) in the case of a Purchaser Agent (if other than the Agent) or a Purchaser, a properly completed, duly executed Internal Revenue Service Form
W-8BEN establishing an exemption from U.S. federal withholding tax pursuant to the “interest” article of an applicable income tax treaty. 

ARTICLE II. 
 PAYMENTS
AND COLLECTIONS 
 Section 2.1 Payments of Recourse Obligations. Seller hereby promises to pay the following (collectively,
the “Recourse Obligations”): 
 (a) all amounts due and owing under
Section 1.3 or 1.4 on the dates specified therein; 
 (b) the fees set forth in the Fee
Letters on the dates specified therein; 
 (c) all accrued and unpaid Yield on the Receivable Interests accruing Yield at the
Yield Rate on each Settlement Date applicable thereto; 
 (d) all accrued and unpaid CP Costs on the Receivable Interests
funded with Commercial Paper on each Settlement Date; and 
 (e) all Broken Funding Costs and all amounts due and owing under
Article X, including, Indemnified Amounts, in each case, upon demand. 

  
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 Section 2.2 Collections Prior to the Facility Termination Date. 

(a) If at any time any Collections (including any Deemed Collections) are received in the Collection Accounts prior to the Facility
Termination Date, Seller hereby requests and each Purchaser hereby agrees to make, simultaneously with such receipt, a reinvestment (each, a “Reinvestment”) with the Purchasers’ Portion of the balance of each and every
Collection received by the Servicer such that, after giving effect to such Reinvestment, the Invested Amount of the Receivable Interests of each Purchaser immediately after such receipt and corresponding Reinvestment shall be equal to the amount of
such Invested Amounts immediately prior to such receipt. Notwithstanding the foregoing, (i) all such Reinvestments shall be subject to Section 6.2 and (ii) the Servicer may retain in the Collection Accounts
amounts for distribution on the following Settlement Date or for decreases in the Aggregate Investment Amount in accordance with Section 1.3. 

(b) On each Settlement Date prior to the Facility Termination Date, the Servicer shall remit to each Purchaser Agent for the benefit of its
Purchaser Group (or, if applicable, to the Agent for its own benefit) the amounts set aside during the preceding Calculation Period that have not been subject to a Reinvestment and (after deduction of its Servicing Fee) apply such amounts (if not
previously paid in accordance with Section 2.1) to the Aggregate Unpaids in the order specified: 

first, ratably to the payment of all accrued and unpaid CP Costs, Yield and Broken Funding Costs (if any) that
are then due and owing, 
 second, ratably to the payment of all accrued and unpaid fees under the Fee Letters
(if any) that are then due and owing, 
 third, if required under Section 1.3
or 1.4, to the ratable reduction of the Aggregate Invested Amount, 
 fourth, for the ratable payment of
all other unpaid Recourse Obligations, if any, that are then due and owing, and 
 fifth, the balance, if any,
to Seller or otherwise in accordance with Seller’s instructions, provided that, after giving effect to any payment pursuant to this clause fifth, (i) the aggregate of the Receivable Interests would be less than 100% and
(ii) the Aggregate Invested Amount would be less than the Maximum Purchase Limit. 
 Section 2.3 Repayment on the Facility
Termination Date; Collections. 
 On the Facility Termination Date and on each day thereafter, the Servicer shall set aside and hold in
trust, for the Secured Parties, all Collections received on each such day. On and after the Facility Termination Date, the Servicer shall, on each Settlement Date and on each other Business Day specified by the Agent (after deduction of any accrued
and unpaid Servicing Fee as of such date) apply all Collections and all other amounts in the Collection Accounts to reduce the Aggregate Unpaids as follows: 

first, to the reimbursement of the Agent’s costs of collection and enforcement of this Agreement, 

second, ratably to the payment of all accrued and unpaid CP Costs, Yield and Broken Funding Costs (if any), 

  
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 third, ratably to the payment of all accrued and unpaid fees
(if any) under the Fee Letters, 
 fourth, to the ratable reduction of Aggregate Invested Amount, 

fifth, for the ratable payment of all other Aggregate Unpaids, and 

sixth, after the Final Payout Date, to Seller. 

Section 2.4 Payment Rescission. No payment of any of the Aggregate Unpaids shall be considered paid or applied hereunder to the
extent that, at any time, all or any portion of such payment or application is rescinded by application of law or judicial authority, or must otherwise be returned or refunded for any reason. Seller shall remain obligated for the amount of any
payment or application so rescinded, returned or refunded, and shall promptly pay to the applicable Purchaser Agent (for application to the Person or Persons who suffered such rescission, return or refund) the full amount thereof, plus interest
thereon at the Default Rate from the date of any such rescission, return or refunding. 
 ARTICLE III. 

COMMERCIAL PAPER FUNDING 

Section 3.1 CP Costs. Seller shall pay CP Costs with respect to the Invested Amount of all Receivable Interests funded through the
issuance of Commercial Paper. 
 Section 3.2 Calculation of CP Costs. Prior to each Settlement Date, each Purchaser (or
the applicable Purchaser Agent on its behalf) shall calculate the aggregate amount of CP Costs applicable to its Receivable Interests accrued through the relevant Calculation Period and shall notify Seller of such aggregate amount. 

Section 3.3 CP Costs Payments. On each Settlement Date, Seller shall pay to the applicable Purchaser Agent (for the benefit of the
related Conduit Purchaser) an aggregate amount equal to all accrued and unpaid CP Costs in respect of the portion of the Invested Amounts of all Receivable Interests funded by such Conduit Purchaser with Commercial Paper for the Calculation Period
then most recently ended in accordance with Article II. 
 Section 3.4 Default Rate. From and after the occurrence of a
Termination Event, all Receivable Interests shall accrue Yield at the Default Rate. 
 ARTICLE IV. 

BANK FUNDINGS 

Section 4.1 Bank Fundings. Prior to the occurrence of a Termination Event, the portion of outstanding Invested Amount of each
Receivable Interest funded with Bank Fundings shall accrue Yield for each day during its Interest Period at the applicable Yield Rate in accordance with the terms and conditions hereof. If any undivided interest in a Receivable Interest initially
funded with Commercial Paper is sold (or otherwise participated) to the Liquidity Providers pursuant to a Liquidity Agreement, such undivided interest in such Receivable Interest shall be deemed to have an Interest Period commencing on the date of
such sale. 

  
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 Section 4.2 Yield Payments. On the Settlement Date for each Receivable Interest
that is funded with a Bank Funding, Seller shall pay to each applicable Purchaser Agent (for the benefit of its Purchaser Group) an aggregate amount equal to the accrued and unpaid Yield thereon for the entire Interest Period of each related Bank
Funding in accordance with Article II. 
 Section 4.3 Suspension of LIBO Rate. If any Purchaser or Liquidity Provider
notifies the related Purchaser Agent that (i) it has determined that funding its ratable share of the Bank Fundings at or by reference a LIBO Rate would violate any applicable law, rule, regulation, or directive of any governmental or
regulatory authority, whether or not having the force of law, (ii) deposits of a type and maturity appropriate to match fund its Bank Funding at or by reference to such LIBO Rate are not available or (iii) such LIBO Rate does not
accurately reflect the cost of acquiring or maintaining a Bank Funding at such LIBO Rate, then such Purchaser Agent shall give written notice thereof to the Seller as promptly as practicable thereafter and, until such Purchaser Agent notifies the
Seller that the circumstances giving rise to such notice no longer exist, (a) no portion of the Invested Amount shall be funded at the LIBO Rate or at the Alternate Base Rate determined by reference to the LIBO Rate and (b) the Yield for
any outstanding portions of the Invested Amount then funded at the LIBO Rate or at the Alternate Base Rate determined by reference to the LIBO Rate shall, on the last day of the then current Interest Period, be converted to the Alternate Base Rate
determined by reference to clause (ii) of the definition of the Alternate Base Rate. 
 Section 4.4 Default Rate.
From and after the occurrence of a Termination Event, all Bank Fundings shall accrue Yield at the Default Rate. 
 Section 4.5
Effect of Benchmark Transition Event. 
 (a) Benchmark Replacement. Notwithstanding anything to the contrary herein or in any
other Transaction Document, if a Benchmark Transition Event or an Early Opt-in Election, as applicable, and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any
setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (1) or (2) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark
Replacement will replace such Benchmark for all purposes hereunder and under any Transaction Document in respect of such Benchmark setting and subsequent Benchmark settings without any amendment to, or further action or consent of any other party
to, this Agreement or any other Transaction Document and (y) if a Benchmark Replacement is determined in accordance with clause (3) of the definition of “Benchmark Replacement” for such Benchmark Replacement Date, such Benchmark
Replacement will replace such Benchmark for all purposes hereunder and under any Transaction Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such
Benchmark Replacement is provided to the Seller, Purchasers and the Purchaser Agents without any amendment to, or further action or consent of any other party to, this Agreement or any other Transaction Document so long as the Agent has not
received, by such time, written notice of objection to such Benchmark Replacement from Purchaser Agents comprising the Required Purchaser Agents. 

  
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 (b) Term SOFR Transition Event. Notwithstanding anything to the contrary herein or in
any other Transaction Document and subject to the proviso below in this paragraph, if a Term SOFR Transition Event and its related Benchmark Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current
Benchmark, then the applicable Benchmark Replacement will replace the then-current Benchmark for all purposes hereunder or under any Transaction Document in respect of such Benchmark setting and subsequent Benchmark settings, without any amendment
to, or further action or consent of any other party to, this Agreement or any other Transaction Document; provided that, this clause (b) shall not be effective unless the Agent has delivered to the Seller, the Purchasers and the
Purchaser Agents a Term SOFR Notice. For the avoidance of doubt, the Agent shall not be required to deliver a Term SOFR Notice after the occurrence of a Term SOFR Transition Event and may do so in its sole discretion. 

(c) Benchmark Replacement Conforming Changes. In connection with the implementation of a Benchmark Replacement, the Agent will have the
right, in consultation with the Seller, to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark
Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement or any other Transaction Document. 

(d) Notices; Standards for Decisions and Determinations. The Agent will promptly notify the Seller, Purchasers and the Purchaser Agents
of (i) any occurrence of a Benchmark Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date, (ii) the implementation
of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes, (iv) the removal or reinstatement of any tenor of a Benchmark pursuant to clause (e) below and (v) the commencement or
conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Agent or, if applicable, any Purchasers or the Purchaser Agents (or groups of Purchasers or Purchaser Agents) pursuant to this
Section 4.5, including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or date and any decision to take
or refrain from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent from any other party to this Agreement or any other Transaction Document,
except, in each case, as expressly required pursuant to this Section 4.5. 
 (e) Notwithstanding anything to the
contrary herein or in any other Transaction Document, at any time (including in connection with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including Term SOFR or LIBO Rate) and either
(i) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such rate from time to time as selected by the Agent in its reasonable discretion or (ii) the regulatory supervisor for the
administrator of such Benchmark has provided a public statement or publication of information announcing that any tenor for such Benchmark is or will be no longer representative, then the Agent may modify the definition of “Interest
Period” for any Benchmark settings at or after such time to remove such unavailable or non-representative tenor and (ii) if a tenor that was removed pursuant to clause (i) above either
(i) is subsequently displayed on a screen or information service for a Benchmark (including a 

  
 9 

 
Benchmark Replacement) or (ii) is not, or is no longer, subject to an announcement that it is or will no longer be representative for a Benchmark (including a Benchmark Replacement), then
the Agent may modify the definition of “Interest Period” for all Benchmark settings at or after such time to reinstate such previously removed tenor. 

(f) Benchmark Unavailability Period. Upon the Seller’s receipt of notice of the commencement of a Benchmark Unavailability Period,
(i) no Purchases shall be funded at the LIBO Rate or at the Alternate Base Rate determined by reference to the LIBO Rate and (ii) the Yield for any outstanding portions of the Invested Amount then funded at the LIBO Rate or at the
Alternate Base Rate determined by reference to the LIBO Rate shall, (x) in the case of any Invested Amount then funded at the LIBO Rate, on the last day of the then current Interest Period, be converted to the Alternate Base Rate determined by
reference to clause (ii) of the definition of the Alternate Base Rate, and (y) in the case of any Invested Amount then funded at the Alternate Base Rate determined by reference to the LIBOR Rate, on such day, be converted to the Alternate
Base Rate determined by reference to clause (ii) of the definition of Alternate Base Rate. 
 (g) LIBOR Notification. The
interest rate on an Invested Amount may be derived from an interest rate benchmark that is, or may in the future become, the subject of regulatory reform. Regulators have signaled the need to use alternative benchmark reference rates for some of
these interest rate benchmarks and, as a result, such interest rate benchmarks may cease to comply with applicable laws and regulations, may be permanently discontinued, and/or the basis on which they are calculated may change. The London interbank
offered rate (“LIBOR”) is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. On March 5, 2021, the U.K. Financial Conduct Authority
(“FCA”) publicly announced that: (a) immediately after December 31, 2021, publication of the 1-week and 2-month U.S. Dollar LIBOR settings will
permanently cease; immediately after June 30, 2023, publication of the overnight and 12-month U.S. Dollar LIBOR settings will permanently cease; and immediately after June 30, 2023, the 1-month, 3-month and 6-month U.S. Dollar LIBOR settings will cease to be provided or, subject to the FCA’s consideration of
the case, be provided on a synthetic basis and no longer be representative of the underlying market and economic reality they are intended to measure and that representativeness will not be restored. There is no assurance that dates announced by the
FCA will not change or that the administrator of LIBOR and/or regulators will not take further action that could impact the availability, composition, or characteristics of LIBOR or the currencies and/or tenors for which LIBOR is published. Each
party to this agreement should consult its own advisors to stay informed of any such developments. Public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of LIBOR.
Upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, Section 4.5(a) and
(b) provide a mechanism for determining an alternative rate of interest. The Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission, performance or any
other matter related to the LIBOR or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof (including, without limitation, (i) any such alternative,
successor or replacement rate implemented pursuant to Section 4.5(a) or (b), whether upon the occurrence of a Benchmark Transition Event, a Term SOFR Transition Event, an Early
Opt-in Election or an Other Benchmark Rate Election, and (ii) the implementation of any Benchmark Replacement 

  
 10 

 
Conforming Changes pursuant to Section 4.5(c)), including without limitation, whether the composition or characteristics of any such alternative, successor or
replacement reference rate will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability. The Agent
and its Affiliates and/or other related entities may engage in transactions that affect the calculation of any alternative, successor or alternative rate (including any Benchmark Replacement) and/or any relevant adjustments thereto, in each case, in
a manner adverse to the Seller. 
 (h) Notwithstanding anything to the contrary in this Agreement or in any other Transaction Document,
solely with respect to clause (3) of the definition of Benchmark Replacement, the parties hereto shall use their commercially reasonable efforts to cause any Benchmark Replacement to constitute a “qualified rate” within the meaning of
Proposed United States Treasury Regulations Section 1.1001-6(b). 
 ARTICLE V. 

REPRESENTATIONS AND WARRANTIES 

Section 5.1 Representations and Warranties of the Seller. The Seller hereby represents and warrants to the Agent, each Purchaser
Agent and each Purchaser as of the date hereof and as of the date of each Incremental Purchase and the date of each Reinvestment that: 
 (a)
Organization and Qualification. The Seller’s only jurisdiction of organization is correctly set forth in the preamble of this Agreement. The Seller is a corporation duly organized, validly existing and in good standing under the Laws of
its jurisdiction of organization. The Seller is duly qualified to do business as a foreign corporation in good standing in each jurisdiction in which the ownership of its properties or the nature of its activities (including transactions giving rise
to Receivables), or both, requires it to be so qualified or, if not so qualified, the failure to so qualify would not have a material adverse effect on its financial condition or results of operations. 

(b) Authority. The Seller has the legal power and authority to execute and deliver the Transaction Documents, to make the sales
provided for herein and to perform its obligations under this Agreement and the other Transaction Documents. 
 (c) Execution and Binding
Effect. Each of the Transaction Documents to which the Seller is a party has been duly and validly executed and delivered by the Seller and constitutes a legal, valid and binding obligation of the Seller enforceable in accordance with its terms,
except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization or other similar Laws of general application relating to or affecting the enforcement of creditors’ rights or by general principles of equity. 

(d) Authorizations and Filings. The Seller has obtained and holds in full force all authorizations, consents, approvals, licenses,
exemptions or other actions by, registrations, qualifications, designations, declarations or filings with, any Official Body which are necessary in connection with the execution and delivery by the Seller of each of the Transaction Documents to
which the Seller is a party, the consummation by the Seller of the transactions herein or therein contemplated or the performance by the Seller of or the compliance by the Seller with the terms and conditions hereof or thereof, to ensure the
legality, validity or enforceability hereof or thereof, or to ensure that the Agent (for the benefit of the Secured Parties) will have an ownership or security interest in and to the Receivables. 

  
 11 

 (e) Location of Chief Executive Office, etc. As of the date hereof: (i) the
Seller’s chief executive office is located at the address for notices set forth on the signature page hereof; (ii) the offices where the Seller keeps all of its Records are listed on Exhibit III hereto; and (iii) since its
incorporation, the Seller has operated only under the name identified in Exhibit III hereto, and has not changed its name, merged or consolidated with any other corporation or been the subject of any proceeding under Title 11, United States
Code (Bankruptcy). 
 (f) Perfection. This Agreement is effective to create a valid security interest in favor of the Agent for the
benefit of the Secured Parties in the Purchased Assets to secure payment of the Aggregate Unpaids. There have been duly filed all financing statements or other similar instruments or documents necessary under the UCC (or any comparable law) of all
appropriate jurisdictions to perfect the Agent’s (on behalf of the Secured Parties) security interest in the Receivables and the other Purchased Assets (in the case of such other Purchased Assets, to the extent such security interest may be
perfected by filing a financing statement), which security interest is free and clear of any Lien except as created by the Transaction Documents. Seller’s only jurisdiction of organization is Delaware. 

(g) Absence of Conflicts. Neither the execution and delivery by the Seller of each of the Transaction Documents to which the Seller is
a party, nor the consummation by the Seller of the transactions herein or therein contemplated, nor the performance by the Seller of or the compliance by the Seller with the terms and conditions hereof or thereof will (i) violate any Law or
(ii) conflict with or result in a breach of or a default under (A) the certificate of incorporation or by-laws of the Seller or (B) any material agreement or instrument, including, without
limitation, any and all indentures, debentures, loans or other agreements to which the Seller is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound, which, in any case, could reasonably be
expected to have a material adverse effect on the financial position or results of operations of the Seller or result in the creation or imposition of any Lien pursuant to the terms of any such instrument or agreement upon any property (now owned or
hereafter acquired) of the Seller. The Seller has not entered into any agreement with any Obligor prohibiting, restricting or conditioning the assignment of any portion of the Receivables. 

(h) No Termination Event. No event has occurred and is continuing and no condition exists which constitutes a Termination Event. 

(i) Accurate and Complete Disclosure. No information (when taken as a whole) furnished by the Seller to the Agent, any Purchaser Agent
or any Purchaser pursuant to or in connection with this Agreement or any transaction contemplated hereby is false or misleading in any material respect as of the date as of which such information was furnished (including by omission of material
information necessary to make such information not misleading); provided that, with respect to projected financial information of a general economic nature, and general industry information, the Seller represents that
such information was prepared in good faith based upon assumptions believed at that time. 

  
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 (j) [Intentionally Omitted]. 

(k) Bulk Sales Act. No transaction contemplated hereby requires compliance with any bulk sales act or similar law. 

(l) Litigation. No injunction, decree or other decision has been issued or made by any Official Body that prevents and, to the
knowledge of the Seller, no threat by any Person has been made to attempt to obtain any such decision that could reasonably be expected to have a material adverse effect on the conduct by the Seller of a significant portion of the Seller’s
business operations or any portion of its business operations affecting the Receivables, and no litigation, investigation or proceeding exists or, to the knowledge of the Seller, is threatened in writing asserting the invalidity of any of the
Transaction Documents, seeking to prevent the consummation of any of the transactions contemplated by the Transaction Documents, or seeking any determination or ruling that could reasonably be expected to materially and adversely affect (A) the
performance by the Seller of its obligations under the Transaction Documents or (B) the validity or enforceability of the Transaction Documents or any material amount of the Receivables. 

(m) Margin Regulations. The use of all funds acquired by the Seller under this Agreement will not conflict with or contravene any of
Regulations T, U and X of the Board of Governors of the Federal Reserve System, as the same may from time to time be amended, supplemented or otherwise modified. 

(n) Taxes. The Seller has timely filed all United States Federal income tax returns and all other material tax returns which are
required to be filed by it and has paid all material taxes due pursuant to such returns and paid or contested any assessment received by the Seller related to such returns. 

(o) Books and Records. The Seller has indicated on its books and records (including any computer files), that the Receivable Interest
in the Receivables sold by the Seller hereunder is the property of Purchasers. The Seller maintains at, or shall cause the Servicer to maintain at, one or more of their respective offices listed in Exhibit III hereto the complete Records for
the Receivables. 
 (p) Creditor Approval. The Seller has obtained from its creditors (i) all approvals necessary to sell and
assign the Receivables and (ii) releases of any security interests in the Receivables. 
 (q) Financial Condition. 

(i) The Seller is not insolvent or the subject of any Event of Bankruptcy and the sale of Receivables on such day will not be
made in contemplation of the occurrence thereof. 
 (ii) Since its incorporation, there has been no material adverse change
in, or a material adverse effect upon, the business, operations or financial condition of the Seller. 

  
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 (r) Financial Information. If and when produced in accordance with the terms of this
Agreement, the consolidated balance sheet of the Seller as at the most recent Fiscal Year end and the related statements of income of the Seller for the Fiscal Year then ended, fairly present the consolidated financial position of the Seller as at
such date and the consolidated results of the operations, all in accordance with GAAP); provided that, with respect to projected financial information of a general economic nature, and general industry information, the Seller
represents that such information was prepared in good faith based upon assumptions believed at that time. 
 (s) Investment Company.
The Seller (i) is not a “covered fund” under the Volcker Rule and (ii) is not an “investment company” or a company “controlled by an investment company” within the meaning of the Investment Company Act of
1940, as amended. In determining that the Seller is not a covered fund, the Seller either does not rely solely on the exemption from the definition of “investment company” set forth in Section 3(c)(1) and/or 3(c)(7) of the Investment
Company Act of 1940 or is entitled to the benefit of the exclusion for loan securitizations in the Volcker Rule under 17 C.F.R. 75.10(c)(8). 

(t) Payments to Applicable Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement,
Seller has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under the Receivables Sale
Agreement is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended. 

(u) Seller’s Business. The Seller has conducted no other business except as contemplated under the Transaction Documents and has
no Indebtedness or Liens, except for as permitted under the Transaction Documents. 
 (v) Policies and Procedures; Anti-Corruption Laws,
Anti-Terrorism Laws and Sanctions; Proceeds. Policies and procedures have been implemented and maintained by or on behalf of each of the Seller Parties that are designed to achieve compliance by the Seller Parties and their respective
Subsidiaries, directors, officers, employees and agents with Anti-Corruption Laws, applicable Anti-Terrorism Laws and applicable Sanctions and each of the Seller Parties and their respective Subsidiaries, and, to the knowledge of each of the Seller
Parties, its respective officers, employees, directors and agents acting in any capacity in connection with or directly benefitting from the credit facility established hereby, are in compliance with Anti-Corruption Laws, applicable Anti-Terrorism
Laws and applicable Sanctions, in each case in all material respects. None of (i) the Seller Parties or any of their respective Subsidiaries or, to the knowledge of the Seller Parties, as applicable, any of their respective directors, officers,
employees, or agents that will act in any capacity in connection with or directly benefit from the credit facility established hereby, is a Sanctioned Person, (ii) the Seller Parties nor any of their respective Subsidiaries is organized or
resident in a Sanctioned Country, and (iii) the Seller Parties has violated, been found in violation of any Anti-Corruption Laws, applicable Anti-Terrorism Laws or applicable Sanctions, in each case, in any material respect. No Purchase or use
of proceeds thereof by any Seller Party or any of their respective Subsidiaries in any manner will violate Anti-Corruption Laws, applicable Anti-Terrorism Laws or applicable Sanctions. 

  
 14 

 (w) Beneficial Ownership Rule. The Seller is an entity that is organized under the
laws of the United States or of any State and at least 51 percent of whose common stock or analogous equity interest is owned by a Person whose common stock or analogous equity interests are listed on the New York Stock Exchange or the American
Stock Exchange or have been designated as a NASDAQ National Market Security listed on the NASDAQ stock exchange and is excluded on that basis from the definition of Legal Entity Customer as defined in the Beneficial Ownership Rule. 

Section 5.2 Representations and Warranties of the Seller With Respect to Each Sale of Receivables. By selling undivided ownership
interests in Receivables to the Purchasers, either by Incremental Purchase or Reinvestment, the Seller represents and warrants to the Agent, each Purchaser Agent and each Purchaser as of the date of such sale of an Incremental Purchase or
Reinvestment (in addition to its other representations and warranties contained herein or made pursuant hereto) that: 
 (a) Purchase
Notice. If such sale relates to an Incremental Purchase, all information set forth on the related Purchase Notice is true and correct in all material respects as of the date of such Incremental Purchase. 

(b) Assignment. This Agreement vests in the Agent, for the benefit of the Secured Parties, all the right, title and interest of the
Seller in and to the Receivable Interest in the Receivables, and the Related Security and Collections with respect thereto, and constitutes a valid sale of or grant of a security interest in the Receivable Interest, enforceable against all creditors
of and purchasers from the Seller. 
 (c) No Liens. Each Receivable, together with the related Contract and all purchase orders and
other agreements related to such Receivable, is owned by the Seller free and clear of any Lien, except as provided herein, and is not subject to any Dispute. When each of the Purchasers makes a purchase of a Receivable Interest in such Receivable,
it shall have acquired and shall continue to have maintained an undivided percentage ownership interest to the extent of its percentage of the Receivable Interest in such Receivable and in the Related Security and the Collections with respect
thereto free and clear of any Lien, except as provided herein. The Seller has not and will not prior to the time of the sale of any such interest to the Purchasers have sold, pledged, assigned, transferred or subjected, and will not thereafter sell,
pledge, assign, transfer or subject, to a Lien any of the Receivables, the Related Security or the Collections, other than the assignment of Receivable Interests therein to the Agent, for the benefit of the Secured Parties, in accordance with the
terms of this Agreement. 
 (d) Filings. On or prior to each Purchase and each recomputation of the Receivable Interest, all
financing statements required to be recorded or filed in order to perfect the security interest in the Purchased Assets against all creditors of and purchasers from the Seller and all other Persons whatsoever will have been duly filed in each filing
office necessary for such purpose and all filing fees and taxes, if any, payable in connection with such filings shall have been paid in full. 

(e) [Intentionally Omitted]. 

(f) Collection Banks, Collection Accounts and Lock-Boxes. The names and addresses of all Collection Banks, together with the numbers of
all Collection Accounts and Lock-Boxes at such Collection Banks and the addresses of all related Collection Accounts and Lock-Boxes, are specified in the Account Disclosure Letter (or such other Collection Banks, Collection Accounts and Lock Boxes
that have been changed or established in accordance with Section 7.2(f)). 

  
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 (g) Nature of Receivables. Each Receivable is, or will be, an eligible asset within
the meaning of Rule 3a-7 promulgated under the Investment Company Act of 1940, as amended from time to time. 

(h) Bona Fide Receivables. Each Receivable is an obligation of an Obligor arising out of a past or current sale or performance by the
applicable Originator, in accordance with the terms of the Contract giving rise to such Receivable. The Seller has no knowledge of any fact that should have led it to expect at the time of the initial creation of an interest in any Receivable
hereunder that such Receivable would not be paid in full when due except with respect to any Dilution. Each Receivable classified as an “Eligible Receivable” by the Seller in any document or report delivered hereunder satisfies the
requirements of eligibility contained in the definition of Eligible Receivable. 
 Section 5.3 Representations and Warranties of
Servicer. The Servicer represents and warrants to the Agent, each Purchaser Agent and each Purchaser on and as of the date hereof and as of the date of each Incremental Purchase and each Reinvestment after such date: 

(a) Organization and Qualification. The Servicer’s only jurisdiction of organization is in Delaware. The Servicer is a corporation
duly organized, validly existing and in good standing under the Laws of its jurisdiction of incorporation. The Servicer is duly qualified to do business as a foreign corporation in good standing in each jurisdiction in which the ownership of its
properties or the nature of its activities, or both, requires it to be so qualified or, if not so qualified, the failure to so qualify would not have a material adverse effect on its financial condition or results of operations. 

(b) Authority. The Servicer has the legal power and authority to execute and deliver this Agreement and to perform its obligations
hereunder and thereunder. 
 (c) Execution and Binding Effect. This Agreement has been duly and validly executed and delivered by the
Servicer and constitutes a legal, valid and binding obligation of the Servicer enforceable in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, reorganization or other similar Laws of general
application relating to or affecting the enforcement of creditors’ rights or by general principles of equity. This Agreement is effective to create a valid security interest in favor of the Agent for the benefit of the Secured Parties in the
Purchased Assets to secure payment of the Aggregate Unpaids. There have been duly filed all financing statements or other similar instruments or documents necessary under the UCC (or any comparable law) of all appropriate jurisdictions to perfect
the Agent’s (on behalf of the Secured Parties) security interest in the Receivables and the other Purchased Assets (in the case of such other Purchased Assets, to the extent such security interest may be perfected by filing a financing
statement), which security interest is free and clear of any Lien except as created by the Transaction Documents. Servicers’ only jurisdiction of organization is Delaware. 

  
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 (d) Authorizations and Filings. The Servicer has obtained and holds in full force all
authorizations, consents, approvals, licenses, exemptions or other actions by, registrations, qualifications, designations, declarations or filings with, any Official Body which are necessary in connection with the execution and delivery by the
Servicer of or the compliance by the Servicer with the terms and conditions hereof, to ensure the legality, validity or enforceability hereof, or to ensure that the Agent (for the benefit of the Secured Parties) will have an ownership and security
interest in and to the Receivables. 
 (e) Absence of Conflicts. Neither the execution and delivery by the Servicer of this
Agreement, nor the consummation by the Servicer of the transactions herein contemplated, nor the performance by the Servicer of or the compliance by the Servicer with the terms and conditions hereof will (i) violate any Law or
(ii) conflict with or result in a breach of or a default under (A) the certificate of incorporation or by-laws of the Servicer or (B) any material agreement or instrument, including, without
limitation, any and all indentures, debentures, loans or other agreements to which the Servicer is a party or by which it or any of its properties (now owned or hereafter acquired) may be subject or bound, which, in any case, could reasonably be
expected to have a material adverse effect on the financial position or results of operations of the Servicer or result in the creation or imposition of any Lien. The Servicer has not entered into any agreement with any Obligor prohibiting,
restricting or conditioning the assignment of any portion of the Receivables. 
 (f) No Termination Event. No event has occurred and
is continuing and no condition exists which constitutes a Termination Event. 
 (g) Accurate and Complete Disclosure. No information
(when taken as a whole) furnished by a Responsible Officer of the Servicer to the Agent, any Purchaser Agent or any Purchaser pursuant to or in connection with this Agreement or any transaction contemplated hereby is false or misleading in any
material respect as of the date as of which such information was furnished (including by omission of material information necessary to make such information not misleading); provided that, with respect to projected financial
information of a general economic nature, and general industry information, the Servicer represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at that time. 

(h) [Intentionally Omitted]. 

(i) No Change in Ability to Perform. Since the date hereof, there has been no material adverse change in the ability of the Servicer to
perform its obligations hereunder. 
 (j) Credit and Collection Policy. The Credit and Collection Policy has been complied with in
all material respects in regard to each Receivable and related Contract and no material change to the Credit and Collection Policy has been made unless (i) the Agent has received prior written notice of such change and (ii) the Agent and
the Required Purchaser Agents have consented to such change if such change could reasonably be expected to have a material adverse effect on the collectibility of the Receivables generally or of any material portion of the Receivables. 

  
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 (k) Financial Condition. The consolidated balance sheet of the Servicer and its
Consolidated Subsidiaries as at the most recent Fiscal Year end and the related statements of income and cash flows of the Servicer and its Consolidated Subsidiaries for the fiscal year then ended, certified by BDO USA, LLP, independent accountants,
or another nationally recognized firm of independent accountants, are available as a matter of public record. The unaudited consolidated balance sheet of the Servicer and its Consolidated Subsidiaries as at most recent fiscal quarter end and the
related unaudited statements of income and cash flows of the Servicer and its Consolidated Subsidiaries for the periods then ended are available as a matter of public record. The Servicer will provide on the date of such public filing or the next
succeeding Business Day a certificate to the Agent (which shall promptly forward a copy to each Purchaser Agent), that such balance sheet and statements of income and cash flows fairly present in all material respects the consolidated financial
position of the Servicer and its Consolidated Subsidiaries as at such date and the consolidated results of the operations of and consolidated cash flows of the Servicer and its Consolidated Subsidiaries for the periods ended on such date, all in
accordance with GAAP; provided that the requirement to deliver a certificate pursuant to this sentence shall not be required to the extent the Servicer publicly files a Form 10-Q or Form 10-K, as applicable, for the applicable period, with the Securities and Exchange Commission. 
 (l)
Litigation. Except as set forth in the Servicer’s Quarterly Report on Form 10-Q or in the Servicer’s Annual Report on Form 10-K, in each case, most
recently filed with the Securities Exchange Commission, no injunction, decree or other decision has been issued or made by any Official Body that would, individually or in the aggregate, have a material adverse effect on a significant portion of its
business operations or any portion of its business operations affecting the Receivables, and, to the knowledge of the Servicer, no threat by any Person has been made to attempt to obtain any such decision (i) as to which there is a reasonable
likelihood of an adverse determination and (ii) that, if adversely determined, would, individually or in the aggregate, have a material adverse effect on a significant portion of its business operations or any portion of its business operations
affecting the Receivables. No litigation, investigation or proceeding exists or, to the knowledge of the Servicer, is threatened in writing asserting the invalidity of this Agreement, seeking to prevent the consummation of the transactions
contemplated by this Agreement, or seeking any determination or ruling that could reasonably be expected to materially and adversely affect (A) the performance of the Servicer of its obligations under this Agreement, or (B) the validity or
enforceability of this Agreement or any material amount of such Receivables. 
 (m) Insurance. The Servicer currently maintains
insurance with respect to its properties and businesses and causes its Subsidiaries to maintain insurance with respect to their properties and business against loss or damage of the kinds customarily insured against by corporations engaged in the
same or similar business and similarly situated, of such types and in such amounts as are customarily carried under similar circumstances by such other corporations including, without limitation, workers’ compensation insurance. 

(n) ERISA. No ERISA Event has occurred or is reasonably expected to occur that, either alone or when taken together with all other such
ERISA Events, could reasonably be expected to result in a material adverse effect on the business, financial condition, operations or properties of Schein and ERISA Affiliates taken as a whole. Any excess of the accumulated benefit obligations under
one or more Pension Plans (based on the assumptions used for purposes of Statement of Financial Accounting Standards No. 87) over the fair market value of the assets of such Pension Plan or Pension Plans is in an amount that could not
reasonably be expected, individually or in the aggregate, to result in a material adverse effect on the business, financial condition, operations or properties of Schein and ERISA Affiliates taken as a whole. 

  
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 ARTICLE VI. 

CONDITIONS OF PURCHASES 

Section 6.1 Conditions Precedent to Initial Incremental Purchase; Closing Date. The initial Incremental Purchase of a Receivable
Interest under this Agreement is subject to the conditions precedent that (a) the Agent and each Purchaser Agent shall have received on or before the date of such Purchase those documents listed on Schedule A and (b) the Agent and
each Purchaser Agent shall have received all fees and expenses required to be paid on such date pursuant to the terms of this Agreement and the Fee Letter. 

Section 6.2 Conditions Precedent to All Purchases and Reinvestments. Each Incremental Purchase and each Reinvestment shall be
subject to the further conditions precedent that (a) in the case of each such Purchase: (i) the Servicer shall have delivered to the Agent and each Purchaser Agent on or prior to the date of such Purchase, in form and substance
satisfactory to the Agent and each Purchaser Agent, all Settlement Reports as and when due under Section 8.5, and (ii) upon the Agent’s or any Purchaser Agent’s request, the Servicer shall have delivered to
the Agent and each Purchaser Agent at least one (1) Business Day prior to such Purchase an interim settlement report in substantially the form of Exhibit XI; (b) the Agent and each Purchaser Agent shall have received such other
documents as it may reasonably request and (c) on each Purchase Date, the following statements shall be true (and acceptance of the proceeds of such Incremental Purchase or Reinvestment shall be deemed a representation and warranty by Seller
that such statements are then true): 
 (i) the representations and warranties set forth in Article V are true and
correct in all material respects on and as of the date of such Incremental Purchase or Reinvestment as though made on and as of such Purchase Date; 

(ii) no event has occurred and is continuing, or would result from such Incremental Purchase or Reinvestment, that will
constitute a Termination Event, and no event has occurred and is continuing, or would result from such Incremental Purchase or Reinvestment, that would constitute an Unmatured Termination Event; and 

(iii) after giving effect to such Incremental Purchase or Reinvestment, the Aggregate Invested Amount will not exceed the
Maximum Purchase Limit and the aggregate Receivable Interests will not exceed 100%. 
 It is expressly understood that each Reinvestment shall, unless
otherwise directed by the Agent, occur automatically on each day that the Servicer shall receive any Collections without the requirement that any further action be taken on the part of any Person. The failure of Seller to satisfy any of the
foregoing conditions precedent in respect of any Reinvestment shall give rise to a right of the Agent and each Purchaser Agent, which right may be exercised at any time on demand of the Agent or any Purchaser Agent, to rescind the related purchase
and direct Seller to pay to the Purchaser Agents, for the benefit of Purchasers (ratably, according to each Purchaser’s aggregate Invested Amount), an amount equal to the Collections that shall have been applied to the affected Reinvestment
(but not in excess of the Aggregate Unpaids). 

  
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 ARTICLE VII. 

COVENANTS 

Section 7.1 Affirmative Covenants of the Seller. In addition to its other covenants contained herein or made pursuant hereto, the
Seller covenants with the Agent, each Purchaser Agent and each Purchaser as follows: 
 (a) Notice of Termination Event. Promptly upon
becoming aware of, but in any event no later than two (2) Business Days, any Termination Event or Unmatured Termination Event, the Seller shall give the Agent (which shall promptly forward a copy to each Purchaser Agent) notice thereof,
together with a written statement of a Responsible Officer setting forth the details thereof and any action with respect thereto taken or contemplated to be taken by the Seller. 

(b) Notice of Material Adverse Change. Promptly upon becoming aware thereof, the Seller shall give the Agent (which shall promptly
forward a copy to each Purchaser Agent) notice of any material adverse change in the business, operations or financial condition of the Seller, which reasonably could be expected to materially adversely affect the collectibility of the Receivables.

 (c) Preservation of Corporate Existence. The Seller shall preserve and maintain its corporate existence, rights, franchises and
privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and
qualification could reasonably be expected to materially adversely affect (i) the interests of the Agent, any Purchaser Agent or any Purchaser hereunder or (ii) the ability of the Seller to perform its obligations under the Transaction
Documents. 
 (d) Compliance with Laws. The Seller shall comply in all material respects with all Laws applicable to the Seller, its
business and properties, and all Receivables related to the Receivable Interests. 
 (e) Enforceability of Obligations. The Seller
shall take such actions as are reasonable and within its power to ensure that, with respect to each Receivable, the obligation of any related Obligor to pay the unpaid balance of such Receivable in accordance with the terms of the related Contract
remains legal, valid, binding and enforceable against such Obligor except as otherwise permitted by Section 8.2(d). 

(f) Books and Records. (i) The Seller shall maintain and implement administrative and operating procedures (including, without
limitation, the ability to recreate Records evidencing the Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, Records and other information, reasonably necessary or advisable for the
collection of all Receivables (including, without limitation, Records adequate to permit the identification of all Related Security and Collections and adjustments to each existing Receivable). 

  
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 (ii) The Seller will (and will cause each Originator to): (A) on or prior to
the date hereof, mark its computer records indicating that the Receivables have been sold to the Seller by the Originators and pledged to the Agent hereunder (which marking may take the form of a footnote or legend on any applicable entry screen for
the Receivables data or system) and (B) upon the request of the Agent or any Purchaser Agent following the occurrence of a Termination Event, the Seller will deliver to the Agent all Contracts (including, without limitation, all multiple
originals of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables. 
 (g)
Fulfillment of Obligations. The Seller shall do nothing to impair the rights, title and interest of the Agent, any Purchaser Agent or any Purchaser in and to the Receivable Interests and shall pay when due any taxes, including without
limitation any sales tax, excise tax or other similar tax or charge, payable in connection with the Receivables and their creation and satisfaction. 

(h) Beneficial Ownership Rule. Promptly following any change that would result in a change to the status of the Seller as an excluded
“Legal Entity Customer” under the Beneficial Ownership Rule, the Seller shall execute and deliver to the Agent an updated Certification of Beneficial Owner(s) complying with the Beneficial Ownership Rule, in form and substance reasonably
acceptable to the Agent. 
 (i) Litigation. As soon as possible, and in any event within three (3) Business Days of the
Seller’s knowledge thereof, the Seller shall give the Agent (which shall promptly forward a copy to each Purchaser Agent) notice of any litigation, investigation or proceeding against the Seller which may exist at any time which, in the
reasonable judgment of the Seller, could reasonably be expected to have a material adverse effect on the financial condition or results of operations of the Seller, materially impair the ability of the Seller to perform its obligations under the
Transaction Documents, or materially adversely affect the collectibility of the Receivables. 
 (j) Notice of Relocation. The Seller
shall give the Agent (which shall promptly forward a copy to each Purchaser Agent) 30 days’ prior written notice of any change of its Location. The Seller will at all times maintain its Location within a jurisdiction in the United States in
which Article 9 of the UCC is in effect as of the date hereof or the date of any such relocation. 
 (k) Further Information. The
Seller shall furnish or cause to be furnished to the Agent and each Purchaser Agent such other information as promptly as practicable, and in such form and detail, as the Agent or any Purchaser Agent may reasonably request. 

(l) Fees, Taxes and Expenses. The Seller shall pay all filing fees, stamp taxes and other similar taxes and expenses, including the
fees and expenses set forth in Section 10.3, if any, which may be incurred on account of or arise out of this Agreement and the documents and transactions entered into pursuant to this Agreement. 

(m) Compliance with Receivables Sale Agreement. The Seller will enforce all material obligations and undertakings on the part of each
Originator to be observed and performed under the Receivables Sale Agreement. Seller will take all actions to perfect and enforce its rights and interests (and the rights and interests of the Agent (for the benefit of the Secured Parties), as
Seller’s assignee) under the Receivables Sale Agreement as the Agent or any Purchaser Agent may from time to time reasonably request, including, without limitation, making claims to which it may be entitled under any indemnity, reimbursement or
similar provision contained in the Receivables Sale Agreement. 

  
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 (n) Audits. At any time, upon reasonable written notice to the Seller (but not more
than once per calendar year unless a Termination Event or Unmatured Termination Event has occurred and is continuing), the Seller shall permit the Agent, together with each Purchaser Agent that wants to participate, or such Person as the Agent or
such Purchaser Agents may designate, during business hours, to conduct audits or visit and inspect any of the properties of the Seller to examine the Records, internal controls and procedures maintained by the Seller and take copies and extracts
therefrom, and to discuss the Seller’s affairs with its officers and independent accountants. The Seller hereby authorizes such officers and independent accountants to discuss with the Agent and each Purchaser Agent, or such Person they may
designate, the affairs of the Seller. The Seller shall reimburse the Agent and each Purchaser Agent for all reasonable and documented fees, costs and out-of-pocket
expenses incurred by or on behalf of the Agent and each Purchaser Agent in connection with up to one (1) such audits and visits for each per calendar year promptly upon receipt of a written invoice therefor; provided that,
following the occurrence and during the continuance of a Termination Event or an Unmatured Termination Event, the Seller shall reimburse the Agent and each Purchaser Agent for all reasonable fees, costs and out-of-pocket expenses incurred by or on behalf of the Agent and each Purchaser Agent in connection with the foregoing actions promptly upon receipt of written invoice therefor regardless of the number of
audits or visits in such year. Subject to the requirements of applicable laws, the Agent and each Purchaser Agent agrees to use commercially reasonable precautions to keep confidential, in accordance with its respective customary procedures for
handling confidential information, any non-public information supplied to it by the Seller pursuant to any such audit or visit which is identified by the Seller as being confidential at the time the same is
delivered to the Agent and each Purchaser Agent. 
 (o) Separate Corporate Existence. The Seller shall: 

(i) Maintain in full effect its existence, rights and franchises as a corporation under the laws of the state of its
incorporation and will obtain and preserve its qualification to do business in each jurisdiction in which such qualification is or shall be necessary to protect the validity and enforceability of this Agreement and each Transaction Document and each
other instrument or agreement necessary or appropriate to permit and effectuate the transactions contemplated hereby. 
 (ii)
Maintain its own deposit account or accounts, separate from those of any of its Affiliates, with commercial banking institutions. The funds of the Seller will not be diverted to any other Person or for any use other than the corporate use of the
Seller and the funds of the Seller shall not be commingled with those of any of its Affiliates. 
 (iii) To the extent that
the Seller contracts or does business with vendors or service providers where the goods and services provided are partially for the benefit of any other Person, the costs incurred in so doing shall be fairly allocated to or among the Seller and such
entities for whose benefit the goods and services are provided, and the Seller and each such entity shall bear its fair share of such costs. All material transactions between the Seller and any of its Affiliates shall be only on an arm’s-length basis. 

  
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 (iv) At all times have a Board of Directors consisting of three members, at
least one member of which is an Independent Director. 
 (v) Conduct its affairs strictly in accordance with its certificate
of incorporation and observe all necessary, appropriate and customary corporate formalities, including, but not limited to, holding all regular and special stockholders’ and directors’ meetings appropriate to authorize all corporate
action, keeping separate and accurate minutes of such meetings, passing all resolutions or consents necessary to authorize actions taken or to be taken, and maintaining accurate and separate books, records and accounts, including, but not limited
to, intercompany transaction accounts. Regular stockholders’ and directors’ meetings (or unanimous written consents in lieu thereof) shall be held at least annually. 

(vi) Ensure that decisions with respect to its business and daily operations shall be independently made by the Seller
(although the officer making any particular decision may also be an employee, officer or director of an Affiliate of the Seller) and shall not be dictated by an Affiliate of the Seller. 

(vii) Act solely in its own corporate name and through its own authorized officers and agents, and no Affiliate of the Seller
shall be appointed to act as its agent, except as expressly contemplated by this Agreement. The Seller shall at all times use its own stationery. 

(viii) Ensure that no Affiliate of the Seller shall advance funds to the Seller, other than (i) capital contributions from
Schein, made to enable the Seller to pay the purchase price of Receivables or (ii) as is otherwise provided herein or in any Transaction Document, and no Affiliate of the Seller will otherwise supply funds to, or guaranty debts of, the Seller.

 (ix) Other than organizational expenses and as expressly provided herein, pay all expenses, indebtedness and other
obligations incurred by it. 
 (x) Not enter into any guaranty, or otherwise become liable, with respect to any obligation of
any of its Affiliates. 
 (xi) Ensure that any financial reports required of the Seller shall comply with GAAP and shall be
issued separately from, but may be consolidated with, any reports prepared for any of its Affiliates. 
 (xii) Ensure that at
all times it is adequately capitalized to engage in the transactions contemplated in its certificate of incorporation, the Transaction Documents and this Agreement. 

(xiii) Take such action to ensure that: (A) the Seller is solvent, including, without limitation, that it has not been
rendered insolvent by the actions contemplated by the Transaction Documents; (B) the Seller intends to and reasonably expects to survive as 

  
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a stand-alone entity, independent of financial assistance of any entity not contemplated by the Transaction Documents; (C) the Seller shall at all times have its own telephone number
separate from that of Schein; (D) neither the assets nor the creditworthiness of the Seller is held out as being available for the payment of any liability of Schein; (E) each of Schein and the Seller operates as a separate legal entity
and not as a division or department thereof; (F) the Seller does not engage in or expect to engage in business for which its remaining property represents an unreasonably small capitalization; and (G) the Seller does not intend to incur
nor does it believe it will incur indebtedness that it will not be able to repay at its maturity. 
 (p) Information. The Seller
shall provide the Agent (which shall promptly forward a copy to each Purchaser Agent) with the following: 
 (i) as soon as
practicable and in any event within 45 days following the close of each fiscal quarter, excluding the last fiscal quarter, of each Fiscal Year of the Seller during the term of this Agreement, an unaudited consolidated balance sheet of the Seller as
of the end of such quarter and unaudited consolidated statements of income of the Seller for such quarter and for the Fiscal Year through such quarter, setting forth in comparative form the corresponding figures for the corresponding quarter of the
preceding Fiscal Year, all in reasonable detail and certified by a Responsible Officer of the Seller, subject to adjustments of the type which would occur as a result of a year-end audit, as having been
prepared in accordance with GAAP; and 
 (ii) as soon as practicable and
in any event within 90 days after the close of each Fiscal Year of the Seller during the term of this Agreement, a consolidated balance sheet of the Seller as at the close of such Fiscal Year and consolidated statements of income of the Seller for
such Fiscal Year, setting forth in comparative form the corresponding figures for the preceding Fiscal Year, all in reasonable detail. 

(iii) Compliance Certificate. Together with the financial statements required pursuant to this
Section 7.1(p), a compliance certificate in substantially the form of Exhibit IV signed by an Authorized Officer of the Seller and dated the date of such annual financial statement or such quarterly financial
statement, as the case may be. 
 (q) Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. Policies and procedures will be
maintained and enforced by or on behalf of the Seller that are designed in good faith and in a commercially reasonable manner to promote and achieve compliance by the Seller and each of its Subsidiaries, and their respective directors, officers,
employees and agents with Anti-Corruption Laws, applicable Anti-Terrorism Laws and applicable Sanctions. 
 Section 7.2 Negative
Covenants of the Seller. Until the date on which the Aggregate Unpaids have been indefeasibly paid in full (other than contingent obligations for which no claim has been asserted) and this Agreement terminates in accordance with its terms, the
Seller hereby covenants that it will not: 
 (a) No Rescissions or Modifications. Rescind or cancel any Receivable or related Contract
or modify any terms or provisions thereof or grant any Dilution to an Obligor, except in accordance with the Credit and Collection Policy or otherwise with the prior written consent of the Agent, unless such Receivable has been deemed collected
pursuant to Section 1.4(a) or repurchased pursuant to the Receivables Sale Agreement. 

  
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 (b) No Liens. Cause any of the Receivables or related Contracts, or any inventory or
goods the sale of which give rise to a Receivable, or any Lock-Box or Collection Account or any right to receive any payments received therein or deposited thereto, to be sold, pledged, assigned or transferred
or to be subject to a Lien, other than the sale and assignment of the Receivable Interest therein to the Agent, for the benefit of the Secured Parties, and the Liens created in connection with the transactions contemplated by this Agreement. 

(c) Consolidations, Mergers and Sales of Assets. (i) Consolidate or merge with or into any other Person or (ii) sell, lease
or otherwise transfer all or substantially all of its assets to any other Person. 
 (d) No Changes. Make any change in the character
of its business, which change would materially impair the collectibility of any Receivable, without prior written consent of the Agent and each Purchaser Agent, or change its name, identity or corporate structure in any manner which would make any
financing statement or continuation statement filed in connection with this Agreement or the transactions contemplated hereby seriously misleading within the meaning of Section 9-507(c) of the UCC of any
applicable jurisdiction or other applicable Laws unless it shall have given the Agent (which shall promptly forward a copy to each Purchaser Agent) at least 30 days’ prior written notice thereof and unless prior thereto it shall have caused
such financing statement or continuation statement to be amended or a new financing statement to be filed such that such financing statement or continuation statement would not be seriously misleading. 

(e) Capital Stock. Issue any capital stock except to Schein. The Seller shall not pay any dividends to Schein if such payment would be
prohibited under the General Corporation Law of the State of Delaware. 
 (f) Change in Payment Instructions to Obligors. Except as
may be required by the Agent (which shall promptly forward a copy to each Purchaser Agent) pursuant to Section 8.2(b), the Seller will not add or terminate any bank as a Collection Bank, or make any change in the
instructions to Obligors regarding payments to be made to any Lock-Box or Collection Account, unless (i) the Agent (which shall promptly forward a copy to each Purchaser Agent) shall have received, at
least ten (10) days before the proposed effective date therefor, (A) written notice of such addition, termination or change and (B) with respect to the addition of a Collection Bank or a Collection Account or Lock-Box, an executed Collection Account Agreement (which is reasonably satisfactory to the Agent) with respect to the new Collection Account or Lock-Box, (ii) with
respect to the termination of a Collection Bank or a Collection Account or Lock-Box, the Agent shall have consented thereto (which consent shall not be unreasonably withheld or delayed) and (iii) with
respect to any changes in instructions to Obligors regarding payments, the Agent shall have consented thereto; provided that the Servicer may make changes in instructions to Obligors regarding payments without any
consent if such new instructions require such Obligor to make payments to another existing Lock-Box or Collection Account. 

  
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 (g) Use of Proceeds. Seller will not use the proceeds of the Purchases for any
purpose other than (i) paying for Receivables and Related Security under and in accordance with the Receivables Sale Agreement, including without limitation, making payments on the Subordinated Notes (as defined in the Receivables Sale
Agreement) to the extent permitted thereunder and under the Receivables Sale Agreement, (ii) paying its ordinary and necessary operating expenses when and as due, and (iii) making Restricted Junior Payments to the extent permitted under
this Agreement. 
 (h) Termination Date Determination. Seller will not designate the Termination Date (as defined in the
Receivables Sale Agreement), or send any written notice to any Originator in respect thereof, without the prior written consent of the Agent and each Purchaser Agent, except with respect to the occurrence of such Termination Date arising pursuant to
Section 5.1(e) of the Receivables Sale Agreement. 
 (i) Restricted Junior Payments. Seller will not make any Restricted Junior
Payment if after giving effect thereto, Seller’s Net Worth (as defined in the Receivables Sale Agreement) would be less than the Required Capital Amount (as defined in the Receivables Sale Agreement). 

(j) Seller Indebtedness. Seller will not incur or permit to exist any Indebtedness or liability on account of deposits except:
(i) the Aggregate Unpaids, (ii) the Subordinated Loans (as defined in the Receivables Sale Agreement), and (iii) other current accounts payable arising in the ordinary course of business and not exceeding $25,000 at any one time and
not overdue. 
 (k) Prohibition on Additional Negative Pledges. The Seller shall not enter into or assume any agreement (other than
this Agreement and the other Transaction Documents) prohibiting the creation or assumption of any Lien upon the Purchased Assets except as contemplated by the Transaction Documents, or otherwise prohibiting or restricting any transaction
contemplated hereby or by the other Transaction Documents, and the Seller shall not enter into or assume any agreement creating any Lien upon the Subordinated Notes. 

(l) Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. The Seller will not request any Purchase, and shall procure that its
Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any Purchase (i) in furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or
anything else of value, to any Person in violation of any Anti-Corruption Laws or applicable Anti-Terrorism Laws, (ii) for the purpose of funding or financing any activities, business or transaction of or with any Sanctioned Person, or in any
Sanctioned Country, in each case to the extent doing so would violate any applicable Sanctions, or (iii) in any other manner that would result in liability to any party hereto under any applicable Sanctions or result in the violation of any
Anti-Corruption Laws or applicable Anti-Terrorism Laws. 

  
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 Section 7.3 Affirmative Covenants of the Servicer. In addition to its other
covenants contained herein or made pursuant hereto, the Servicer covenants with the Agent, each Purchaser Agent and each Purchaser as follows: 

(a) Notice of Termination Event. Promptly upon becoming aware of, but in any event no later than two (2) Business Days, any
Termination Event or Unmatured Termination Event, the Servicer shall give the Agent (which shall promptly forward a copy to each Purchaser Agent) notice thereof, together with a written statement of a Responsible Officer setting forth the details
thereof and any action with respect thereto taken or contemplated to be taken by such Servicer. 
 (b) Notice of Material Adverse
Change. Promptly upon any Responsible Officer of the Servicer becoming aware thereof, the Servicer shall give the Agent (which shall promptly forward a copy to each Purchaser Agent) notice of any material adverse change in the business,
operations or financial condition of the Servicer which reasonably could be expected to materially adversely affect the collectibility of the Receivables or the ability of the Servicer to perform its obligations under this Agreement. 

(c) Preservation of Corporate Existence. The Servicer shall preserve and maintain its corporate existence, rights, franchises and
privileges in the jurisdiction of its incorporation, and qualify and remain qualified in good standing as a foreign corporation in each jurisdiction where the failure to preserve and maintain such existence, rights, franchises, privileges and
qualification could reasonably be expected to materially adversely affect (i) the interests of the Agent, any Purchaser Agent or any Purchaser hereunder or (ii) the ability of such Servicer to perform its obligations under this Agreement.

 (d) Compliance with Laws. The Servicer shall comply with all Laws applicable to the Servicer, its business and properties, and all
Receivables related to the Receivable Interests, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a material adverse effect. 

(e) Enforceability of Obligations. The Servicer shall take such actions as are reasonable and within its power to ensure that, with
respect to each Receivable, the obligation of any related Obligor to pay the unpaid balance of such Receivable in accordance with the terms of the related Contract remains legal, valid, binding and enforceable against such Obligor except as
otherwise permitted by Section 8.2(d). 
 (f) Books and Records. The Servicer shall maintain and implement
administrative and operating procedures (including, without limitation, the ability to recreate Records evidencing the Receivables in the event of the destruction of the originals thereof), and keep and maintain all documents, books, Records and
other information reasonably necessary or advisable for the collection of all applicable Receivables (including, without limitation, Records adequate to permit the identification of all Related Security and Collections and adjustments to each
existing Receivable). Upon the request of the Agent or any Purchaser Agent, following the occurrence and continuance of a Termination Event, the Servicer shall deliver to the Agent all Contracts (including, without limitation, all multiple originals
of any such Contract constituting an instrument, a certificated security or chattel paper) relating to the Receivables. 
 (g)
Fulfillment of Obligations. The Servicer will duly observe and perform, or cause to be observed or performed, all material obligations and undertakings on its part or on the part of any subservicer to be observed and performed under or in
connection with the Receivables (including the delivery of Settlement Reports), will duly observe and perform all 

  
 27 

 
material provisions, covenants and other promises required to be observed by it under the Contracts related to such Receivables, will do nothing to impair the rights, title and interest of the
Agent, any Purchaser Agent or any Purchaser in and to the Receivable Interests and will pay when due any taxes, including without limitation any sales tax, excise tax or other similar tax or charge, payable in connection with such Receivables and
their creation and satisfaction. 
 (h) Obligor List. The Servicer shall at all times maintain a current list (which may be stored on
computer systems or disks) of all Obligors under Contracts related to the applicable Receivables, including the name, address, telephone number and account number of each such Obligor. The list shall be updated as provided in
Section 8.5(b) and the Servicer shall deliver or cause to be delivered a copy of such list to the Agent (which shall promptly forward a copy to each Purchaser Agent) as soon as practicable following the Agent’s request
(but not more frequently than once each calendar quarter unless a Termination Event or Unmatured Termination Event has occurred and is continuing). 

(i) Notice of Relocation. The Servicer shall give the Agent (which shall promptly forward a copy to each Purchaser Agent)
30 days’ prior written notice of any change of its Location. The Servicer will at all times maintain its Location within a jurisdiction in the United States in which Article 9 of the UCC is in effect as of the date hereof or the date of
any such relocation. 
 (j) Modification of Systems. The Servicer agrees, promptly after the replacement or any material modification
of any computer, automation or other operating systems which are used to track, monitor or account for Receivables (in respect of hardware or software) used to perform its services as Servicer or to make any calculations or reports hereunder, to
give notice of any such replacement or modification to the Agent (which shall promptly forward a copy to each Purchaser Agent). 
 (k)
Litigation. As soon as possible, and in any event within ten (10) Business Days of the Servicer’s knowledge thereof, the Servicer shall give the Agent (which shall promptly forward a copy to each Purchaser Agent) notice of any
litigation, investigation or proceeding against the Servicer which may exist at any time which, in the reasonable judgment of the Servicer could reasonably be expected to materially impair the ability of the Servicer to perform its obligations under
this Agreement. 
 (l) ERISA Events. Promptly upon the occurrence of any ERISA Event that, alone or together with any other ERISA
Events that have occurred, could reasonably be expected to have a material adverse effect on the business, financial condition, operations or properties of Schein and its ERISA Affiliates taken as a whole, Schein shall give the Seller a written
notice specifying the nature thereof, what action Schein or any ERISA Affiliate has taken with respect thereto and, when known by Schein, any action taken or threatened by the Internal Revenue Service, the Department of Labor or the PBGC with
respect thereto. 
 (m) Separate Corporate Existence. As long as Schein is the Servicer hereunder, the Servicer shall maintain its
legal identity separate from the Seller and take such action to ensure that: (A) the management of the Servicer does not anticipate any need for its having to extend advances to the Seller except for those described in the Transaction
Documents, if any; (B) the Servicer does not conduct its business in the name of the Seller; (C) the Servicer 

  
 28 

 
has a telephone number, stationery and business forms separate from those of the Seller; (D) the Servicer does not provide for its expenses and liabilities to be paid from the funds of the
Seller or vice versa; (E) the Servicer is not liable for the payment of any liability of the Seller; (F) neither the assets nor the creditworthiness of the Servicer is held out as being available for the payment of any liability of the
Seller; (G) the Servicer maintains an arm’s-length relationship with the Seller; and (H) assets are not transferred from the Servicer to the Seller without fair consideration or with the intent
to hinder, delay or defraud the creditors of either company. 
 (n) Audits. At any time, upon reasonable notice to the Servicer (but
not more than once per calendar year unless a Termination Event or Unmatured Termination Event has occurred and is continuing), the Servicer shall permit the Agent, together with each Purchaser Agent that wants to participate, or such Person as they
may designate, during business hours, to conduct audits or visit and inspect the corporate headquarters of the Servicer located at the location listed on Exhibit III in order to examine the Records, internal controls and procedures maintained
by the Servicer and take copies and extracts therefrom, and to discuss the Servicer’s affairs with its officers and independent accountants. The Servicer hereby authorizes such officers and independent accountants to discuss with the Agent and
each Purchaser Agent, or such Person as they may designate, the affairs of the Servicer. The Seller shall reimburse the Agent and each Purchaser Agent for all reasonable and documented fees, costs and out-of-pocket expenses incurred by or on behalf of the Agent and each Purchaser Agent in connection with up to one (1) such audits and visits for each per calendar year promptly upon receipt of a written
invoice therefor; provided that following the occurrence and during the continuance of a Termination Event or an Unmatured Termination Event, the Seller shall reimburse the Agent and each Purchaser Agent for all reasonable fees, costs
and out-of-pocket expenses incurred by or on behalf of the Agent and each Purchaser Agent in connection with the foregoing actions promptly upon receipt of written
invoice therefor regardless of the number of audits or visits in such year. Subject to the requirements of applicable laws, the Agent and each Purchaser Agent agrees to use commercially reasonable precautions to keep confidential, in accordance with
its respective customary procedures for handling confidential information, any non-public information supplied to it by the Servicer pursuant to any such audit or visit which is identified by the Servicer as
being confidential at the time the same is delivered to the Agent and each Purchaser Agent. 
 (o) S.E.C. Filings. Promptly
upon the written request of the Agent or any Purchaser Agent, provide to the Agent (which shall promptly forward a copy to each Purchaser Agent) copies of all registration statements and annual, quarterly, monthly or other regular reports which
Seller or Servicer files with the Securities and Exchange Commission. 
 (p) Notices. Servicer will notify the Agent (which shall
promptly forward a copy to each Purchaser Agent) in writing of any of the following promptly upon learning of the occurrence thereof, describing the same and, if applicable, the steps being taken with respect thereto: 

(i) Judgments and Proceedings. (A) Except as set forth in the Servicer’s Quarterly Report on Form 10-Q or in the Servicer’s Annual Report on Form 10-K, in each case, most recently filed with the Securities Exchange Commission, (1) the entry of any judgment or
decree against Schein or any of its Subsidiaries if the aggregate amount of all judgments and decrees then outstanding against Schein and its Subsidiaries exceeds 

  
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$200,000,000 and shall remain undischarged for a period of 45 consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor
to attach or levy upon any assets of Schein or any Subsidiary to enforce any such judgment and after deducting (a) the amount with respect to which Schein or any such Subsidiary, as the case may be, is insured and with respect to which the
insurer has assumed responsibility in writing, and (b) the amount for which Schein or any such Subsidiary is otherwise indemnified, and (2) the institution of any material litigation, arbitration proceeding or governmental proceeding
against Schein that could reasonably be expected to have a material adverse effect on Schein; and (B) the entry of any material judgment or decree or the institution of any material litigation, arbitration proceeding or governmental proceeding
against Seller. 
 (ii) Termination Date. The occurrence of the “Termination Date” under and as defined in
the Receivables Sale Agreement. 
 (iii) Defaults Under Other Agreements. The occurrence of any default by the Seller
with respect to any payment obligation other than any payment obligation under the Transaction Documents in an amount exceeding $25,000. 

(iv) Notices under Receivables Sale Agreement. Copies of all notices to be delivered under the Receivables Sale
Agreement. 
 (q) [Intentionally Omitted]. 

(r) Financial Statements. In the event that the balance sheet and/or the statements of income and cash flow (as described in
Section 5.3(k)) of the Servicer and its Consolidated Subsidiaries are no longer publicly available, Schein shall, within 45 or 90 days of the end of the applicable quarter or Fiscal Year, respectively, provide copies of
such balance sheet and/or statements of income and cash flow to the Agent (which shall promptly forward a copy to each Purchaser Agent). 

(s) Anti-Corruption Laws, Anti-Terrorism Laws and Sanctions. Policies and procedures will be maintained and enforced by or on behalf of
each of the Servicer and each Originator that are designed in good faith and in a commercially reasonable manner to promote and achieve compliance by the Servicer and each Originator and each of their respective Subsidiaries and their respective
directors, officers, employees and agents with Anti-Corruption Laws, applicable Anti-Terrorism Laws and applicable Sanctions. 

Section 7.4 Negative Covenants of the Servicer. Until the date on which the Aggregate Unpaids have been indefeasibly paid in full
and this Agreement terminates in accordance with its terms, the Servicer hereby covenants that it will not: 
 (a) No Rescissions or
Modifications. Rescind or cancel any Receivable or related Contract or modify any terms or provisions thereof or grant any Dilution to an Obligor, except in accordance with the Credit and Collection Policy or otherwise with the prior written
consent of the Agent, unless such Receivable has been deemed collected pursuant to Section 1.4(a) or repurchased pursuant to the Receivables Sale Agreement. 

  
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 (b) No Liens. Cause any of the applicable Receivables or related Contracts, or any
inventory or goods the sale of which may give rise to a Receivable or any Collection Account or any right to receive any payments received therein or deposited thereto, to be sold, pledged, assigned or transferred or to be subject to a Lien, other
than (i) the sale and assignment of the Receivable Interest to the Agent, for the benefit of Secured Parties, (ii) the Liens created in connection with the transactions contemplated by this Agreement or (iii) Liens in respect of a
Receivable which has been deemed collected pursuant to Section 1.4(a) or repurchased pursuant to the Receivables Sale Agreement, and for which payment has been received. 

(c) No Changes. Change its name, identity or corporate structure or jurisdiction of formation in any manner which would make any
financing statement or continuation statement filed in connection with this Agreement or the transactions contemplated hereby seriously misleading within the meaning of Section 9.507(c) of the UCC of any applicable jurisdiction or other
applicable Laws unless it shall have given the Agent (which shall promptly forward a copy to each Purchaser Agent) at least 30 days’ prior written notice thereof and unless prior thereto it shall have caused such financing statement or
continuation statement to be amended or a new financing statement to be filed such that such financing statement or continuation statement would not be seriously misleading; or make any material change to the Credit and Collection Policy unless
(i) the Agent has received prior written notice of such change and (ii) the Agent and the Required Purchaser Agents have consented to such change if such change could reasonably be expected to have a material adverse effect on the
collectibility of the Receivables generally or of any material portion of the Receivables. 
 (d) Consolidations, Mergers and Sales of
Assets. (i) Consolidate or merge with or into any other Person or (ii) sell, lease or otherwise transfer all or substantially all of its assets to any other Person; provided that the Servicer may merge with another Person
if (A) the Servicer is the corporation surviving such merger and (B) immediately after giving effect to such merger, no Termination Event or Unmatured Termination Event shall have occurred and be continuing. 

(e) Change in Payment Instructions to Obligors. Except as may be required by the Agent pursuant to
Section 8.2(b), the Servicer will not add or terminate any bank as a Collection Bank, or make any change in the instructions to Obligors regarding payments to be made to any Lock-Box
or Collection Account, unless (i) the Agent (which shall promptly forward a copy to each Purchaser Agent) shall have received, at least ten (10) days before the proposed effective date therefor, (A) written notice of such addition,
termination or change and (B) with respect to the addition of a Collection Bank or a Collection Account or Lock-Box, an executed Collection Account Agreement (which is reasonably satisfactory to the
Agent) with respect to the new Collection Account or Lock-Box, (ii) with respect to the termination of a Collection Bank or a Collection Account or Lock-Box, the
Agent shall have consented thereto (which consent shall not be unreasonably withheld or delayed) and (iii) with respect to any changes in instructions to Obligors regarding payments, the Agent shall have consented thereto; provided that
the Servicer may make changes in instructions to Obligors regarding payments without any consent if such new instructions require such Obligor to make payments to another existing Lock-Box or
Collection Account. 

  
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 (f) Prohibition on Additional Negative Pledges. The Servicer shall not enter into or
assume any agreement (other than this Agreement and the other Transaction Documents) prohibiting the creation or assumption of any Lien upon the Purchased Assets or otherwise prohibiting or restricting any transaction contemplated hereby or by the
other Transaction Documents, and the Servicer shall not enter into or assume any agreement creating any Lien upon the Subordinated Notes. 

(g) Anti-Corruption Laws, Anti-Terrorism and Sanctions. The Servicer and each Originator shall not use, and each of the Servicer and
each Originator shall procure that its Subsidiaries and its or their respective directors, officers, employees and agents shall not use, the proceeds of any Purchase (i) in furtherance of an offer, payment, promise to pay, or authorization of
the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or applicable Anti-Terrorism Laws, (ii) for the purpose of funding or financing any activities, business or transaction of or with
any Sanctioned Person, or in any Sanctioned Country, in each case to the extent doing so would violate any Sanctions, or (iii) in any other manner that would result in liability to any party hereto under any applicable Sanctions or result in
the violation of any Anti-Corruption Laws or applicable Anti-Terrorism Laws. 
 ARTICLE VIII. 

ADMINISTRATION AND COLLECTION 

Section 8.1 Designation of Servicer. 

(a) The servicing, administration and collection of the Receivables shall be conducted by such Person (the “Servicer”)
so designated from time to time in accordance with this Section 8.1. Schein is hereby designated as, and hereby agrees to perform the duties and obligations of, the Servicer pursuant to the terms of this Agreement. The
Agent may, at any time following the occurrence of a Termination Event upon five (5) Business Days’ notice, designate as Servicer any Person (including itself) to succeed Schein or any successor Servicer. 

(b) The Servicer may, with the prior written consent of the Agent, delegate its duties and obligations hereunder to any subservicer (each, a
“Sub-Servicer”); provided that, in each such delegation, (i) such Sub-Servicer shall agree in writing to perform the duties
and obligations of the Servicer pursuant to the terms hereof, (ii) the Servicer shall remain primarily liable to the Agent, each Purchaser Agent and each Purchaser for the performance of the duties and obligations so delegated, (iii) the
Seller and the Agent, each Purchaser Agent and each Purchaser shall have the right to look to the Servicer (rather than the Sub-Servicer) for performance, and (iv) the terms of any agreement with any Sub-Servicer shall provide that the Agent may terminate such agreement upon the termination of the Servicer hereunder by giving notice of its desire to terminate such agreement to the Servicer (and the Servicer
shall provide appropriate notice to such Sub-Servicer). 
 Section 8.2 Duties of
Servicer. 
 (a) The Servicer shall take or cause to be taken all such actions as may be necessary or advisable to collect each
Receivable from time to time, all in accordance with applicable laws, rules and regulations, with reasonable care and diligence, and in accordance with the Credit and Collection Policy. 

  
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 (b) The Servicer will instruct all Obligors to pay all Collections directly to a Lock-Box or Collection Account. The Servicer shall not direct any cash or payment item other than Collections to be deposited into any Lock-Box or Collection Account. If,
despite such direction, any remittances are received in any Lock-Box or Collection Account that shall have been identified, to the satisfaction of the Servicer, to not constitute Collections or other proceeds
of the Receivables or the Related Security, the Servicer shall promptly remit such items to the Person identified to it (or by it) as being the owner of such remittances. From and after the date the Agent delivers to any Collection Bank a Collection
Notice pursuant to Section 8.3, the Agent may request that the Servicer, and the Servicer thereupon promptly shall, instruct all Obligors with respect to the Receivables to remit all payments thereon to a new depositary
account specified by the Agent and, at all times thereafter, Seller and the Servicer shall not deposit or otherwise credit, and shall not permit any other Person to deposit or otherwise credit to such new depositary account any cash or payment item
other than Collections. 
 (c) The Servicer shall administer the Collections in accordance with the procedures described herein. To the
extent any Collections are received directly by the Servicer, the Servicer shall set aside and hold in trust for the account of Seller and the Secured Parties their respective shares of the Collections in accordance with Article II. 

(d) The Servicer may, in accordance with the Credit and Collection Policy, extend the maturity of any Receivable or adjust the Outstanding
Balance of any Receivable as the Servicer determines in good faith to be appropriate to maximize Collections thereof; provided that such extension or adjustment shall not alter the status of such Receivable as a Delinquent Receivable
or Defaulted Receivable or limit the rights of the Agent, any Purchaser Agent or any Purchaser under this Agreement. 
 (e) The Servicer
shall hold in trust for Seller and the Agent, each Purchaser Agent and each Purchaser all Records that (i) evidence or relate to the Receivables, the related Contracts and Related Security or (ii) are otherwise necessary or desirable to
collect the Receivables and shall, as soon as practicable upon demand of the Agent, deliver or make available to the Agent all such Records, at a place selected by the Agent. The Servicer shall, from time to time at the request of the Agent or any
Purchaser Agent, furnish to the Agent and each Purchaser Agent (promptly after any such request) a calculation of the amounts set aside for each Purchaser pursuant to Article II. 

(f) Any payment by an Obligor in respect of any indebtedness owed by it to Originator or Seller shall, except as otherwise specified by such
Obligor or otherwise required by contract or law and unless otherwise instructed by the Agent, be applied as a Collection of any Receivable of such Obligor (starting with the oldest such Receivable) to the extent of any amounts then due and payable
thereunder before being applied to any other receivable or other obligation of such Obligor. 
 Section 8.3 Collection Notices.
The Agent is authorized at any time after the occurrence and during the continuance of a Termination Event to deliver the Collection Notices to the Collection Banks. Seller hereby transfers to the Agent, for the benefit of the Secured Parties,
effective when the Agent delivers such notice, the exclusive ownership and control of each Lock-Box and the Collection Accounts and, in connection therewith, agrees to cause each Collection Bank to modify the
name on each Lock-Box and Collection Account as requested by 

  
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the Agent. Seller hereby authorizes the Agent, and agrees that the Agent shall be entitled (i) at any time after delivery of the Collection Notices, to endorse Seller’s name on checks
and other instruments representing Collections, (ii) at any time after the occurrence of a Termination Event, to enforce the Receivables, the related Contracts and the Related Security, and (iii) at any time after the occurrence and during
the continuance of a Termination Event, to take such action as shall be reasonably necessary or desirable to cause all cash, checks and other instruments constituting Collections of Receivables to come into the possession of the Agent rather than
Seller or Servicer. 
 Section 8.4 Responsibilities of Seller. Anything herein to the contrary notwithstanding, the exercise by
the Agent, on behalf of Secured Parties, of the Agent’s rights hereunder shall not release the Servicer, any Originator or Seller from any of their duties or obligations with respect to any Receivables or under the related Contracts. The Agent,
each Purchaser Agent and each Purchaser shall have no obligation or liability with respect to any Receivables or related Contracts, nor shall any of them be obligated to perform the obligations of Seller or any Originator thereunder. 

Section 8.5 Settlement Reports. 

(a) The Servicer shall prepare and forward to the Agent (with an electronic copy to each Purchaser Agent) (i) on each Settlement Reporting
Date, a Settlement Report (certified by an Responsible Officer of the Servicer) and an electronic file of the data contained therein and (ii) at such times as the Agent or any Purchaser Agent shall request, a listing by Obligor of all
Receivables together with an aging of such Receivables; provided that, if a Termination Event or Unmatured Termination Event has occurred and is continuing, the Agent or any Purchaser Agent may request that the Servicer deliver a
Settlement Report (or a specified portion thereof) no less frequently than weekly. 
 (b) Upon the request of the Agent or any Purchaser
Agent (but not more frequently than every quarter), the Servicer shall provide in writing to the Agent (which shall promptly forward a copy to each Purchaser Agent) the list of Obligors under Contracts related to the Receivables including, for each
Obligor added to the list, the name, address, telephone number and account number of such Obligor and if there have been changes in the name, address, telephone number or account number of any existing Obligor, the revisions shall be provided. 

Section 8.6 Servicing Fee. As compensation for the Servicer’s servicing activities on their behalf, the Servicer shall be
paid the Servicing Fee in arrears on each Settlement Date out of Collections. 
 ARTICLE IX. 

TERMINATION EVENTS 

Section 9.1 Termination Events. The occurrence of any one or more of the following events shall constitute an
“Termination Event”: 
 (a) the Seller, the Servicer or the Performance Guarantor shall fail to remit or fail to
cause to be remitted to the Agent, any Purchaser Agent or any Purchaser (i) on any day 

  
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when due any payment, prepayment or deposit of any amount to be remitted to reduce the Invested Amount or any portion thereof or (ii) within two (2) Business Days of becoming due, CP
Costs, Yield, fees set forth in any Fee Letter or any other Aggregate Unpaids required to be remitted to the Agent, any Purchaser Agent or any Purchaser; or 

(b) the Seller or the Servicer shall fail to deliver any Settlement Report and such failure shall continue for three (3) Business Days
after the date when such Settlement Report became due; or the Servicer shall fail to perform its duties and obligations as Servicer under the terms of this Agreement or any other Transaction Document and such failure remains unremedied for a period
of ten (10) days after either (i) any Responsible Officer of the Servicer becomes aware thereof or (ii) written notice thereof to such Person by the Agent, any Purchaser Agent or any Purchaser; 

(c) any representation, warranty, certification or statement made by the Seller, the Servicer or Schein under this Agreement or any other
Transaction Document or in any material agreement, certificate, report, appendix, schedule or document furnished by the Seller, the Servicer or Schein to the Agent, any Purchaser Agent or any Purchaser pursuant to or in connection with this
Agreement or any other Transaction Document shall prove to have been false or misleading in any material respect as of the time made or deemed made (including by omission of material information necessary to make such representation, warranty,
certification or statement not misleading); or 
 (d) (i) a Change in Control shall occur with respect to the Performance Guarantor;
(ii) Schein shall cease to (A) own 100% of the capital stock of the Seller or (B) own (directly or indirectly) 100% of the capital stock of each Originator (other than Schein); or (iii) Schein shall (A) consolidate or merge
with or into any other Person other than as permitted under Section 7.4 hereof or (B) sell, lease or otherwise transfer all or substantially all of its assets to any other Person unless Schein is the survivor of such transaction (unless,
in each of clauses (i) through (iii), consented to in writing in advance by Agent in its sole discretion); or 
 (e) except as otherwise
provided in this Section 9.1, the Seller or Schein shall default or fail in the performance or observance of any other covenant, agreement or duty applicable to it contained herein and such default or failure shall continue
for ten (10) Business Days after either (i) any Responsible Officer of the Seller or such Originator becomes aware thereof or (ii) written notice thereof to such Person by the Agent, any Purchaser Agent or any Purchaser; or 

(i) the Seller shall fail to pay any Indebtedness when due and such failure shall continue beyond the applicable grace period, if any, specified in the
agreement or instrument relating to such Indebtedness; (ii) Schein or any of its Consolidated Subsidiaries (other than the Seller) shall fail to pay any Indebtedness in excess of $200,000,000 of Schein or any of its Consolidated Subsidiaries,
as the case may be, or any interest or premium on such Indebtedness, in either case, when due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) and such failure shall continue after the applicable grace period,
if any, specified in the agreement or instrument relating to such Indebtedness; (iii) any other default under any agreement or instrument relating to any such Indebtedness or any other event shall occur and shall continue after the applicable
grace period, if any, specified in such agreement or instrument if the effect of such default or event is to accelerate, or to permit the acceleration of, the maturity 

  
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of such Indebtedness unless (A) MUFG is a party to such other agreement or instrument and (B) MUFG and the other requisite lenders thereunder consent to a written waiver of such default
or other event in accordance with the terms of such agreement or instrument; or (iv) a final court decision of $200,000,000 or more shall be rendered against Schein or any of its Consolidated Subsidiaries and (A) such amount remains unpaid
and (B) such amount remains undischarged for a period of 45 consecutive days during which execution shall not be effectively stayed, or any action shall be legally taken by a judgment creditor to attach or levy upon any assets of Schein or any
of its Subsidiary to enforce any such judgment; or 
 (f) (i) the average of the Delinquency Ratios, computed for each of the immediately
preceding three Calculation Periods, shall exceed (A) with respect to each Calculation Period ending on or prior to May 30, 2020, 14.50%; (B) with respect to the Calculation Periods ending on June 27, 2020, August 1, 2020,
August 29, 2020 and September 26, 2020, 18.50%; (C) with respect to the Calculation Period ending on October 31, 2020, 16.00%; and (D) with respect to each Calculation Period beginning after October 31, 2020, 14.50%; 

(ii) the average of the Default Ratios, computed for each of the immediately preceding three Calculation Periods, shall exceed
(A) with respect to each Calculation Period ending on or prior to May 30, 2020, 2.50%; (B) with respect to the Calculation Periods ending on June 27, 2020, August 1, 2020, August 29, 2020, September 26, 2020,
October 31, 2020 and November 28, 2020, 6.00%; and (C) with respect to each Calculation Period beginning after November 28, 2020, 2.50%; 

(iii) the average of the Dilution Ratios, computed for each of the immediately preceding three Calculation Periods, shall
exceed (A) with respect to any Calculation Period ending on or prior to May 30, 2020, 6.25%; (B) with respect to the Calculation Periods ending on June 27, 2020, August 1, 2020, August 29, 2020, September 26, 2020, and
October 31, 2020, 9.50%; and (C) with respect to each Calculation Period beginning after October 31, 2020, 6.25%; or 

(iv) the average of the Portfolio Turnover, computed for each of the immediately preceding three Calculation Periods shall
exceed (A) with respect to each Calculation Period ending on or prior to September 26, 2020, 70 days; and (B) with respect to each Calculation Period beginning after September 26, 2020, 50 days; or 

(g) there shall be pending any litigation, investigation or proceeding, which the Seller is required to disclose pursuant to
Section 7.1(i) hereof, which in the reasonable opinion of the Required Purchaser Agents is likely to materially adversely affect the financial position or results of operations of the Seller or Schein or materially impair
the ability of the Seller or Schein to perform its respective obligations under the Transaction Documents; or 
 (h) there shall have
occurred any event or change in the financial condition or operations of the Seller, the Servicer, the Performance Guarantor or Schein which could reasonably be expected to have a material adverse effect on (i) the ability of the Seller, the
Servicer, the Performance Guarantor or Schein to perform its obligations under any Transaction Document, (ii) the legality, validity or enforceability of any Transaction Document, (iii) the Agent’s security interest in the Receivables
generally or in any significant portion of such Receivables or the proceeds thereof, or (iv) the collectibility of the Receivables generally or of any material portion of such Receivables; or 

  
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 (i) an Event of Bankruptcy shall occur with respect to the Seller, the Servicer, any
Originator, the Performance Guarantor or any of Schein’s material subsidiaries thereof; or 
 (j) the Aggregate Invested Amount shall
exceed the Maximum Purchase Limit and the Seller shall have failed to pay to each Purchaser Agent for the benefit of the related Purchasers within three (3) days an amount to be applied to reduce the Aggregate Invested Amount (ratably,
according to each Purchaser’s aggregate Invested Amount), such that after giving effect to such payment the Aggregate Invested Amount is less than or equal to the Maximum Purchase Limit; or 

(k) the Aggregate Investment amount exceeds the then applicable Maximum Purchase Limit or the Net Pool Balance shall at any time be less than
an amount equal to the sum of (i) the Aggregate Invested Amount plus (ii) the Required Reserve; or 
 (l) Schein resigns as
Servicer; or 
 (m) Schein shall default or fail in the performance or observance of any of the covenants set forth in Section 8.1 of
the Credit Agreement as in effect on September 22, 2014 (without giving effect to any amendment, waiver, termination, supplement or other modification thereof unless consented to by the Agent); or 

(n) a final court decision for $25,000 or more shall be rendered against the Seller; or; 

(o) the Performance Guarantor shall default or fail in the performance of any covenant or agreement set forth in the Performance Undertaking;
or 
 (p) the “Termination Date” or any “Termination Event” under and as defined in the Receivables Sale Agreement shall
occur under the Receivables Sale Agreement or Schein shall for any reason cease to transfer, or cease to have the legal capacity to transfer, or otherwise be incapable of transferring Receivables to Seller under the Receivables Sale Agreement; or

 (q) this Agreement shall terminate in whole or in part (except in accordance with its terms), or shall cease to be effective or to be the
legally valid, binding and enforceable obligation of Seller, or any Seller Party shall directly or indirectly contest in any manner such effectiveness, validity, binding nature or enforceability; or 

(r) the Performance Undertaking shall cease to be effective or to be the legally valid, binding and enforceable obligation of Performance
Guarantor, or Performance Guarantor shall directly or indirectly contest in any manner such effectiveness, validity, binding nature or enforceability of its obligations thereunder; or 

(s) the Internal Revenue Service shall file notice of a lien pursuant to Section 6323 of the Internal Revenue Code with regard to any of
the Purchased Assets or any assets of the Seller, Performance Guarantor or any Originator and such lien shall not have been released within seven (7) days, or the PBGC shall, or shall indicate its intention to, file notice of a lien pursuant to
Section 4068 of ERISA with regard to any of the Purchased Assets; or 

  
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 (t) An ERISA Event shall occur with respect to a Pension Plan or Multiemployer Plan which
has resulted in, or could be reasonably expected to have, a material adverse effect on the business, financial condition, operations or properties of Schein and the ERISA Affiliates taken as a whole; or 

(u) the Agent for the benefit of the Secured Parties shall cease to have a valid, perfected, first priority security interest in the
Receivables, the Related Security, any Collection Account or any Lock-Box. 
 Section 9.2
Remedies. Upon the occurrence and during the continuation of a Termination Event, the Agent may, or upon the direction of the Required Purchaser Agents shall, take any of the following actions: (i) replace the Person then acting as
Servicer, (ii) declare the Facility Termination Date for all Purchaser Groups to have occurred, whereupon Reinvestments shall immediately terminate, all without demand, protest or further notice of any kind, all of which are hereby expressly
waived by each Seller Party; provided that, upon the occurrence of an Event of Bankruptcy with respect to any Seller Party, the Facility Termination Date for all Purchaser Groups shall automatically occur, without demand, protest or
any notice of any kind, all of which are hereby expressly waived by each Seller Party, (iii) deliver the Collection Notices to the Collection Banks, (iv) exercise all rights and remedies of a secured party upon default under the UCC and
other applicable laws, and (v) notify Obligors of the Agent’s security interest in the Receivables and other Purchased Assets. The aforementioned rights and remedies shall be without limitation, and shall be in addition to all other rights
and remedies of the Agent, each Purchaser Agent and each Purchaser otherwise available under any other provision of this Agreement, by operation of law, at equity or otherwise, all of which are hereby expressly preserved, including, without
limitation, all rights and remedies provided under the UCC, all of which rights shall be cumulative. 
 ARTICLE X. 

INDEMNIFICATION 

Section 10.1 Indemnities by the Seller Parties. Without limiting any other rights that the Agent, any Purchaser Agent, any
Purchaser or any Funding Source may have hereunder or under applicable law, (A) Seller hereby agrees to indemnify (and pay upon demand to) the Agent, each Purchaser Agent, each Purchaser, each Funding Source and each of the respective assigns,
officers, directors, members, partners, certificateholders, agents and employees of the foregoing (each, an “Indemnified Party”) from and against any and all damages, losses, claims, taxes,
liabilities, reasonable and out-of-pocket costs and expenses and for all other amounts payable, including reasonable attorneys’ fees (which attorneys may be
employees of any Indemnified Party) and disbursements of one counsel to the affected Indemnified Parties taken as a whole (and solely in the case of any conflict of interest, one additional counsel to the affected Indemnified Parties, taken as a
whole) (all of the foregoing being collectively referred to as “Indemnified Amounts”) awarded against or incurred by any of them arising out of or as a result of this Agreement or the acquisition,
either directly or indirectly, by any Indemnified Party of an interest in the Receivables, and (B) the Servicer hereby agrees to indemnify (and pay upon demand to) each Indemnified Party for Indemnified Amounts awarded against or incurred by
any of them arising out of the Servicer’s activities as Servicer hereunder; excluding, however, in all of the foregoing instances under the preceding clauses (A) and (B): 

  
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 (a) Indemnified Amounts to the extent a final judgment of a court of
competent jurisdiction holds that such Indemnified Amounts resulted from gross negligence or willful misconduct on the part of the Indemnified Party seeking indemnification; 

(b) Indemnified Amounts to the extent resulting from disputes solely between or among Indemnified Parties and their respective
Affiliates; 
 (c) Indemnified Amounts to the extent the same results from losses in respect of Receivables that are
uncollectible on account of the insolvency, bankruptcy or lack of creditworthiness of the related Obligor; or 
 (d) taxes
imposed by the jurisdiction in which such Indemnified Party’s principal executive office is located, on or measured by the overall net income of such Indemnified Party to the extent that the computation of such taxes is consistent with the
characterization for income tax purposes of the acquisition by any Purchaser of Receivables as a loan or loans by any Purchaser to Seller secured by the Receivables, the Related Security, the Collection Accounts and the Collections, U.S. federal
taxes attributable to such Indemnified Party’s failure to comply with Section 1.7(b) or any U.S. federal withholding taxes imposed under FATCA (collectively, “Excluded Taxes”); 

provided that nothing contained in this sentence shall limit the liability of any Seller Party or limit the recourse of any Indemnified Party to
any Seller Party for amounts otherwise specifically provided to be paid by such Seller Party under the terms of this Agreement. Without limiting the generality of the foregoing indemnification, Seller shall indemnify the Indemnified Parties for
Indemnified Amounts (including, without limitation, losses in respect of uncollectible receivables, regardless of whether reimbursement therefor would constitute recourse to Seller) relating to or resulting from: 

(i) any representation or warranty made by any Seller Party or any Originator (or any officers of any such Person) under or in
connection with this Agreement, any other Transaction Document or any other information or report delivered by any such Person pursuant hereto or thereto, which shall have been false or incorrect when made or deemed made; 

(ii) the failure by Seller, the Servicer or any Originator to comply with any applicable law, rule or regulation with respect
to any Receivable or Contract related thereto, or the nonconformity of any Receivable or Contract included therein with any such applicable law, rule or regulation or any failure of Seller, the Servicer or any Originator to keep or perform any of
its obligations, express or implied, with respect to any Contract; 
 (iii) any failure of Seller, the Servicer or any
Originator to perform its duties, covenants or other obligations in accordance with the provisions of this Agreement or any other Transaction Document; 

  
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 (iv) any products liability, personal injury or damage suit, or other
similar claim arising out of or in connection with merchandise, insurance or services that are the subject of any Contract or any Receivable; 

(v) any dispute, claim, offset or defense (other than discharge in bankruptcy of the Obligor) of the Obligor to the payment of
any Receivable (including, without limitation, a defense based on such Receivable or the related Contract not being a legal, valid and binding obligation of such Obligor enforceable against it in accordance with its terms), or any other claim
resulting from the sale of the merchandise or service related to such Receivable or the furnishing or failure to furnish such merchandise or services; 

(vi) the commingling of Collections of Receivables at any time with other funds; 

(vii) any investigation, litigation or proceeding related to or arising from this Agreement or any other Transaction Document,
the transactions contemplated hereby, the use of the proceeds of any Purchase, the Purchased Assets or any other investigation, litigation or proceeding relating to Seller, the Servicer or any Originator in which any Indemnified Party becomes
involved as a result of any of the transactions contemplated hereby; 
 (viii) any inability to litigate any claim against
any Obligor in respect of any Receivable as a result of such Obligor being immune from civil and commercial law and suit on the grounds of sovereignty or otherwise from any legal action, suit or proceeding; 

(ix) any Termination Event of the type described in Section 9.1(k); 

(x) any failure of Seller to acquire and maintain legal and equitable title to and ownership of any of the Purchased Assets
from the applicable Originator free and clear of any Lien (other than as created under the Transaction Documents); or any failure of Seller to give reasonably equivalent value to any Originator under the Receivables Sale Agreement in consideration
of the transfer by such Originator of any Receivable, or any attempt by any Person to void such transfer under statutory provisions or common law or equitable action; 

(xi) (A) any failure to vest and maintain vested in the Agent for the benefit of the Secured Parties, or to transfer to the
Agent for the benefit of the Secured Parties, a valid first priority perfected security interests in the Purchased Assets, free and clear of any Lien (except as created by the Transaction Documents) and (B) (I) any failure to vest and maintain
vested in the Agent for the benefit of the Secured Parties a valid first priority perfected security interests in each Lock-Box and Collection Account, free and clear of any Lien (except as created by the
Transaction Documents) and (ii) any failure of a Collection Bank in the performance or observance of any agreement or duty applicable to it in respect of any Collection Account; 

(xii) any action or omission by any Seller Party which reduces or impairs the rights of any Indemnified Party with respect to
any Purchased Assets or the value of any Purchased Assets; 

  
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 (xiii) any attempt by any Person to void any Purchase or the Agent’s
security interest in the Purchased Assets under statutory provisions or common law or equitable action; 
 (xiv) the failure
of any Receivable included in the calculation of the Net Pool Balance as an Eligible Receivable to be an Eligible Receivable at the time so included; and 

(xv) (A) any failure of the Seller or any Originator to pay any taxes when due and (B) any taxes related to the Purchase
of Receivables by any Purchaser, except for taxes on the income of such Purchaser. 
 Section 10.2 Increased Cost and Reduced
Return. If, after the date hereof, any Regulatory Change shall occur: (i) that subjects any Funding Source to any charge or withholding on or with respect to any Funding Agreement or a Funding Source’s obligations under a Funding
Agreement, or on or with respect to the Receivables, or changes the basis of taxation of payments to any Funding Source of any amounts payable under any Funding Agreement (except for changes in the rate of tax on the overall net income of a Funding
Source or taxes excluded by Section 10.1) or (ii) that imposes, modifies or deems applicable any reserve, assessment, insurance charge, special deposit or similar requirement against assets of, deposits with or for the
account of a Funding Source, or credit extended by a Funding Source pursuant to a Funding Agreement or (iii) that imposes any other condition the result of which is to increase the cost to a Funding Source of performing its obligations under a
Funding Agreement, or to reduce the rate of return on a Funding Source’s capital as a consequence of its obligations under a Funding Agreement, or to reduce the amount of any sum received or receivable by a Funding Source under a Funding
Agreement or to require any payment calculated by reference to the amount of interests or loans held or interest received by it, then, upon demand by the applicable Purchaser Agent, Seller shall pay to such Purchaser Agent, for the benefit of the
relevant Funding Source, such amounts charged to such Funding Source or such amounts to otherwise compensate such Funding Source for such increased cost or such reduction. For the avoidance of doubt, if the issuance of Financial Accounting Standards
Board’s Interpretation No. 46, Statements of Financial Accounting Standards Nos. 166 and 167, any future statements or interpretations issued by the Financial Accounting Standards Board or any successor thereto or any other change in
accounting standards or the issuance of any other pronouncement, release or interpretation, causes or requires the consolidation of all or a portion of the assets and liabilities of the Seller or any Conduit Purchaser with the assets and liabilities
of the Agent, any Purchaser Agent or any other Funding Source, such event shall constitute a circumstance on which such Funding Source may base a claim for reimbursement under this Section 10.2. 

Section 10.3 Other Costs and Expenses. Seller shall pay to the Agent, each Purchaser Agent and each Purchaser on demand all
reasonable costs and out-of-pocket expenses in connection with the preparation, execution, delivery and administration of this Agreement, the transactions contemplated
hereby and the other documents to be delivered hereunder, including without limitation, the cost of its auditors auditing the books, records and procedures of Seller or Servicer, rating agency fees, reasonable and documented fees and out-of-pocket expenses of a single independent legal counsel with respect thereto and with respect to providing advice as to their respective rights and remedies under this
Agreement. Seller shall pay to the Agent, each Purchaser Agent and each Purchaser on demand any and all reasonable and documented costs 

  
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and out-of-pocket expenses thereof, if any, including reasonable counsel fees and expenses, in connection with the
enforcement of this Agreement and the other documents delivered hereunder and in connection with any restructuring or workout of this Agreement or such documents, or the administration of this Agreement following a Termination Event. 

ARTICLE XI. 
 THE AGENTS

 Section 11.1 Appointment and Authorization. 

(a) Each Purchaser and Purchaser Agent hereby irrevocably designates and appoints MUFG as the “Agent” hereunder and authorizes the
Agent to take such actions and to exercise such powers as are delegated to the Agent hereby and to exercise such other powers as are reasonably incidental thereto. The Agent shall hold, in its name, for the benefit of each Purchaser, ratably, the
Receivable Interests. The Agent shall not have any duties other than those expressly set forth herein or any fiduciary relationship with any Purchaser or Purchaser Agent, and no implied obligations or liabilities shall be read into this Agreement,
or otherwise exist, against the Agent. The Agent does not assume, nor shall it be deemed to have assumed or relationship of trust or agency with the Seller or Servicer. Notwithstanding any provision of this Agreement or any other Transaction
Document to the contrary, in no event shall the Agent ever be required to take any action which exposes the Agent to personal liability or which is contrary to the provisions of any Transaction Document or applicable law. 

(b) Each Purchaser hereby irrevocably designates and appoints the respective institution identified as the Purchaser Agent for such
Purchaser’s Purchaser Group on the signature pages hereto or in the Assumption Agreement or Transfer Supplement pursuant to which such Purchaser becomes a party hereto, and each authorizes such Purchaser Agent to take such action on its behalf
under the provisions of this Agreement and to exercise such powers and perform such duties as are expressly delegated to such Purchaser Agent by the terms of this Agreement, if any, together with such other powers as are reasonably incidental
thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, no Purchaser Agent shall have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Purchaser or other
Purchaser Agent or the Agent, and no implied covenants, functions, responsibilities, duties, obligations or liabilities on the part of such Purchaser Agent shall be read into this Agreement or otherwise exist against such Purchaser Agent. 

(c) Except as otherwise specifically provided in this Agreement, the provisions of this Article XI are solely for the
benefit of the Purchaser Agents, the Agent and the Purchasers, and none of the Seller or Servicer shall have any rights as a third-party beneficiary or otherwise under any of the provisions of this
Article XI, except that this Article XI shall not affect any obligations which any Purchaser Agent, the Agent or any Purchaser may have to the Seller or the Servicer under the other provisions of this Agreement.
Furthermore, no Purchaser shall have any rights as a third-party beneficiary or otherwise under any of the provisions hereof in respect of a Purchaser Agent which is not the Purchaser Agent for such Purchaser. 

  
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 (d) In performing its functions and duties hereunder, the Agent shall act solely as the
agent of the Purchasers and the Purchaser Agents and does not assume nor shall be deemed to have assumed any obligation or relationship of trust or agency with or for the Seller or Servicer or any of their successors and assigns. In performing its
functions and duties hereunder, each Purchaser Agent shall act solely as the agent of its respective Purchaser and does not assume nor shall be deemed to have assumed any obligation or relationship of trust or agency with or for the Seller, the
Servicer, any other Purchaser, any other Purchaser Agent or the Agent, or any of their respective successors and assigns. 

Section 11.2 Delegation of Duties. The Agent may execute any of its duties through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Agent shall not be responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it with reasonable care. 

Section 11.3 Exculpatory Provisions. None of the Purchaser Agents, the Agent or any of their directors, officers, members,
partners, certificateholders, agents or employees shall be liable for any action taken or omitted (i) with the consent or at the direction of the Required Purchaser Agents (or in the case of any Purchaser Agent, the Purchasers within its
Purchaser Group that have a majority of the aggregate Commitment of such Purchaser Group) or (ii) in the absence of such Person’s gross negligence or willful misconduct. The Agent shall not be responsible to any Purchaser, Purchaser Agent
or other Person for (i) any recitals, representations, warranties or other statements made by the Seller, Servicer, or any of their Affiliates, (ii) the value, validity, effectiveness, genuineness, enforceability or sufficiency of any
Transaction Document, (iii) any failure of the Seller, the Servicer, any Originator or any of their Affiliates to perform any obligation hereunder or under the other Transaction Documents to which it is a party (or under any Contract), or
(iv) the satisfaction of any condition specified in any Transaction Document. The Agent shall not have any obligation to any Purchaser or Purchaser Agent to ascertain or inquire about the observance or performance of any agreement contained in
any Transaction Document or to inspect the properties, books or records of the Seller, Servicer, Originator or any of their Affiliates. 

Section 11.4 Reliance by Agents. 

(a) Each Purchaser Agent and the Agent shall in all cases be entitled to rely, and shall be fully protected in relying, upon any document or
other writing or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person and upon advice and statements of legal counsel (including counsel to the Seller or Servicer), independent accountants
and other experts selected by the Agent. Each Purchaser Agent and the Agent shall in all cases be fully justified in failing or refusing to take any action under any Transaction Document unless it shall first receive such advice or concurrence of
the Required Purchaser Agents (or, in the case of any Purchaser Agent, the Purchasers within its Purchaser Group that have a majority of the aggregate Commitment of such Purchaser Group), and assurance of its indemnification, as it deems
appropriate. 
 (b) The Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement in
accordance with a request of the Required Purchaser Agents or all Purchaser Agents, and such request and any action taken or failure to act pursuant thereto shall be binding upon all Purchasers and Purchaser Agents. 

  
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 (c) The Purchasers within each Purchaser Group with a majority of the Commitment of such
Purchaser Group shall be entitled to request or direct the related Purchaser Agent to take action, or refrain from taking action, under this Agreement on behalf of such Purchasers. Such Purchaser Agent shall in all cases be fully protected in
acting, or in refraining from acting, under this Agreement in accordance with a request of such majority Purchasers, and such request and any action taken or failure to act pursuant thereto shall be binding upon all of such Purchaser Agent’s
Purchasers. 
 (d) Unless otherwise advised in writing by a Purchaser Agent or by any Purchaser on whose behalf such Purchaser Agent is
purportedly acting, each party to this Agreement may assume that (i) such Purchaser Agent is acting for the benefit of each of the Purchasers in respect of which such Purchaser Agent is identified as being the “Purchaser Agent” in the
definition of “Purchaser Agent” hereto, as well as for the benefit of each assignee or other transferee from any such Person, and (ii) each action taken by such Purchaser Agent has been duly authorized and approved by all necessary
action on the part of the Purchasers on whose behalf it is purportedly acting. Each Purchaser Agent and its related Purchasers shall agree amongst themselves as to the circumstances and procedures for removal, resignation and replacement of such
Purchaser Agent. 
 Section 11.5 Notice of Termination Events. Neither any Purchaser Agent nor the Agent shall be deemed to have
knowledge or notice of the occurrence of any Termination Event or Unmatured Termination Event unless such Purchaser Agent or Agent has received notice from any Purchaser, Purchaser Agent, the Servicer or the Seller stating that a Termination Event
or Unmatured Termination Event has occurred hereunder and describing such Termination Event or Unmatured Termination Event. In the event that the Agent receives such a notice, it shall promptly give notice thereof to each Purchaser Agent whereupon
each such Purchaser Agent shall promptly give notice thereof to its Purchasers. In the event that a Purchaser Agent receives such a notice (other than from the Agent), it shall promptly give notice thereof to the Agent. The Agent shall take such
action concerning a Termination Event or Unmatured Termination Event as may be directed by the Required Purchaser Agents (unless such action otherwise requires the consent of all Purchaser Agents), but until the Agent receives such directions, the
Agent may (but shall not be obligated to) take such action, or refrain from taking such action, as the Agent deems advisable and in the best interests of the Purchasers and Purchaser Agents. 

Section 11.6 Non-Reliance on Agent, Purchaser Agents and Other Purchasers. Each Purchaser
expressly acknowledges that none of the Agent, the Purchaser Agents nor any of their respective officers, directors, members, partners, certificateholders, employees, agents,
attorneys-in-fact or Affiliates has made any representations or warranties to it and that no act by the Agent or any Purchaser Agent hereafter taken, including any
review of the affairs of the Seller, Servicer or any Originator, shall be deemed to constitute any representation or warranty by the Agent or such Purchaser Agent, as applicable. Each Purchaser represents and warrants to the Agent and the Purchaser
Agents that, independently and without reliance upon the Agent, the Purchaser Agents or any other Purchaser and based on such documents and information as it has deemed appropriate, it has made and will continue to make its own appraisal of and
investigation into the business, operations, property, prospects, financial and other conditions and creditworthiness of the Seller, the Servicer or the Originators, and the Receivables and its own decision to enter into this Agreement and to take,
or omit, action under any Transaction Document. Except for items specifically required to be delivered hereunder, the Agent shall not 

  
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have any duty or responsibility to provide any Purchaser Agent with any information concerning the Seller, Servicer or the Originators or any of their Affiliates that comes into the possession of
the Agent or any of its officers, directors, members, partners, certificateholders, employees, agents, attorneys-in-fact or Affiliates. 

Section 11.7 Agents and Affiliates. Each of the Purchasers and the Agent and their Affiliates may extend credit to, accept
deposits from and generally engage in any kind of banking, trust, debt, entity or other business with the Seller, the Servicer or any Originator or any of their Affiliates. With respect to the acquisition of the Eligible Receivables pursuant to this
Agreement, each of the Purchaser Agents and the Agent shall have the same rights and powers under this Agreement as any Purchaser and may exercise the same as though it were not such an agent, and the terms “Purchaser” and
“Purchasers” shall include, to the extent applicable, each of the Purchaser Agents and the Agent in their individual capacities. 

Section 11.8 Indemnification. Each Related Committed Purchaser shall indemnify and hold harmless the Agent (but solely in its
capacity as Agent) and its officers, directors, members, partners, certificateholders, employees, representatives and agents (to the extent not reimbursed by the Seller, the Servicer or any Originator and without limiting the obligation of the
Seller, the Servicer, or any Originator to do so), ratably (based on its Commitment) from and against any and all liabilities, obligations, losses, damages, penalties, judgments, settlements, costs, expenses and disbursements of any kind whatsoever
(including in connection with any investigative or threatened proceeding, whether or not the Agent or such Person shall be designated a party thereto) that may at any time be imposed on, incurred by or asserted against the Agent or such Person as a
result of, or related to, any of the transactions contemplated by the Transaction Documents or the execution, delivery or performance of the Transaction Documents or any other document furnished in connection therewith (but excluding any such
liabilities, obligations, losses, damages, penalties, judgments, settlements, costs, expenses or disbursements resulting solely from the gross negligence or willful misconduct of the Agent or such Person as finally determined by a court of competent
jurisdiction). 
 Section 11.9 Successor Agent. The Agent may, upon at least five (5) days notice to the Seller and each
Purchaser and Purchaser Agent, resign as Agent. Such resignation shall not become effective until a successor agent is appointed by the Required Purchasers and has accepted such appointment. Upon such acceptance of its appointment as Agent hereunder
by a successor Agent, such successor Agent shall succeed to and become vested with all the rights and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations under the Transaction Documents. After any
retiring Agent’s resignation hereunder, the provisions of Article X and this Article XI shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Agent. 

Section 11.10 Erroneous Payments. 

(a) Each Purchaser and Purchaser Agent hereby agrees that (x) if the Agent notifies such Purchaser or Purchaser Agent that the Agent
has determined in its sole discretion that any funds received by such Purchaser or Purchaser Agent from the Agent or any of its Affiliates (whether as a payment, prepayment or repayment of principal, interest, fees or otherwise; individually
and collectively, a “Payment”) were erroneously transmitted to such Purchaser or Purchaser Agent (whether or not known to such Purchaser or Purchaser Agent), and 

  
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demands the return of such Payment (or a portion thereof), such Purchaser or Purchaser Agent shall promptly, but in no event later than one Business Day thereafter, return to the Agent the amount
of any such Payment (or portion thereof) as to which such a demand was made in same day funds, together with interest thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such Purchaser or
Purchaser Agent to the date such amount is repaid to the Agent at the greater of the Federal Funds Effective Rate and a rate determined by the Agent in accordance with banking industry rules on interbank compensation from time to time in effect, and
(y) to the extent permitted by applicable law, such Purchaser or Purchaser Agent shall not assert, and hereby waives, as to the Agent, any claim, counterclaim, defense or right of set-off or recoupment
with respect to any demand, claim or counterclaim by the Agent for the return of any Payments received, including without limitation any defense based on “discharge for value” or any similar doctrine. A notice of the Agent to any Purchaser
or Purchaser Agent under this Section 11.10(a) shall be conclusive, absent manifest error. 
 (b) Each Purchaser
and Purchaser Agent hereby further agrees that if it receives a Payment from the Agent or any of its Affiliates (x) that is in a different amount than, or on a different date from, that specified in a notice of payment sent by the Agent (or any
of its Affiliates) with respect to such Payment (a “Payment Notice”) or (y) that was not preceded or accompanied by a Payment Notice, it shall be on notice, in each such case, that an error has been made with respect to
such Payment. Each Purchaser and Purchaser Agent agrees that, in each such case, or if it otherwise becomes aware a Payment (or portion thereof) may have been sent in error, such Purchaser or Purchaser Agent shall promptly notify the Agent of
such occurrence and, upon demand from the Agent, it shall promptly, but in no event later than one Business Day thereafter, return to the Agent the amount of any such Payment (or portion thereof) as to which such a demand was made in same day funds,
together with interest thereon in respect of each day from and including the date such Payment (or portion thereof) was received by such Purchaser or Purchaser Agent to the date such amount is repaid to the Agent at the greater of the Federal Funds
Effective Rate and a rate determined by the Agent in accordance with banking industry rules on interbank compensation from time to time in effect. 

(c) The Seller Parties hereby agrees that (x) in the event an erroneous Payment (or portion thereof) are not recovered from any Purchaser
or Purchaser Agent that has received such Payment (or portion thereof) for any reason, the Agent shall be subrogated to all the rights of such Purchaser or Purchaser Agent with respect to such amount and (y) an erroneous Payment shall not pay,
prepay, repay, discharge or otherwise satisfy any Recourse Obligation owed by the Seller Parties; provided that this Section 11.10(c) shall not be interpreted to increase (or accelerate the due date for), or have the
effect of increasing (or accelerating the due date for), the Recourse Obligations of the Seller Parties relative to the amount (and/or timing for payment) of the Recourse Obligations that would have been payable had such erroneous Payment not been
made by the Agent; provided, further that for the avoidance of doubt, immediately preceding clauses (x) and (y) shall not apply to the extent any such erroneous Payment is, and solely with respect to the amount of
such erroneous Payment that is, comprised of funds received by the Agent from the Seller for the purpose of making such erroneous Payment. 

  
 46 

 (d) Each party’s obligations under this Section 11.10 shall
survive the resignation or replacement of the Agent or any transfer of rights or obligations by, or the replacement of, a Purchaser or Purchaser Agent, the termination of the Commitments or the repayment, satisfaction or discharge of all Recourse
Obligations under any Transaction Document. Each Uncommitted Purchaser’s obligations under this Section 11.10 shall be subject to Sections 13.5 and 13.6 and each Related Committed Purchaser shall be
liable, on a joint and several basis, for all obligations of its related Uncommitted Purchaser under this Section 11.10. 

ARTICLE XII. 

ASSIGNMENTS AND PARTICIPATIONS 

Section 12.1 Successors and Assigns; Participations; Assignments. 

(a) Successors and Assigns. This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns. Except as otherwise provided herein, no Seller Party may assign or transfer any of its rights or delegate any of its duties hereunder or under any Transaction Document without the prior consent of the Agent and the Purchaser
Agents. 
 (b) Participations. Except as otherwise specifically provided herein, any Purchaser may sell to one or more Persons (each,
a “Participant”) participating interests in the interests of such Purchaser hereunder; provided that, no Purchaser shall grant any participation under which the Participant shall have rights to approve any
amendment to or waiver of this Agreement or any other Transaction Document. Such Purchaser shall remain solely responsible for performing its obligations hereunder, and the Seller, each Purchaser Agent and the Agent shall continue to deal solely and
directly with such Purchaser in connection with such Purchaser’s rights and obligations hereunder. A Purchaser shall not agree with a Participant to restrict such Purchaser’s right to agree to any amendment hereto, except amendments that
require the consent of all Purchasers. 
 (c) Assignments by Certain Related Committed Purchasers. Any Related Committed Purchaser
may assign to one or more Persons (each, a “Purchasing Related Committed Purchaser”), reasonably acceptable to the related Purchaser Agent, any portion of its Commitment pursuant to a supplement hereto, substantially in the
form of Exhibit VIII with any changes as have been approved by the parties thereto (each, a “Transfer Supplement”), executed by each such Purchasing Related Committed Purchaser, such selling Related Committed
Purchaser, such related Purchaser Agent and the Agent and, so long as no Termination Event has occurred and is continuing, with the consent of Seller (which consent shall not be unreasonably withheld). Any such assignment by Related Committed
Purchaser cannot be for an amount less than $10,000,000. Upon (i) the execution of the Transfer Supplement, (ii) delivery of an executed copy thereof to the Seller, such related Purchaser Agent and the Agent and (iii) payment by the
Purchasing Related Committed Purchaser to the selling Related Committed Purchaser of the agreed purchase price, if any, such selling Related Committed Purchaser shall be released from its obligations hereunder to the extent of such assignment and
such Purchasing Related Committed Purchaser shall for all purposes be a Related Committed Purchaser party hereto and shall have all the rights and obligations of a Related Committed Purchaser hereunder to the same extent as if it were an original
party hereto. The amount of the Commitment of the selling Related Committed Purchaser allocable to such Purchasing Related Committed Purchaser 

  
 47 

 
shall be equal to the amount of the Commitment of the selling Related Committed Purchaser transferred regardless of the purchase price, if any, paid therefor. The Transfer Supplement shall be an
amendment hereof only to the extent necessary to reflect the addition of such Purchasing Related Committed Purchaser as a “Related Committed Purchaser” and any resulting adjustment of the selling Related Committed Purchaser’s
Commitment. 
 (d) Assignments to Liquidity Providers and other Funding Source Providers. Any Conduit Purchaser may at any time
transfer or grant to one or more of its Liquidity Providers or other Funding Source participating interests (or voting rights or a security interest and right of foreclosure thereon) in its portion of the Receivable Interests. In the event of any
such transfer or grant by such Conduit Purchaser of a participating interest to a Liquidity Provider or other Funding Source, such Conduit Purchaser shall remain responsible for the performance of its obligations hereunder. The Seller agrees that
each Liquidity Provider and Funding Source of any Conduit Purchaser hereunder shall be entitled to the benefits of Section 1.6. 

(e) Other Assignment by Uncommitted Purchasers. Each party hereto agrees and consents (i) to any Uncommitted Purchaser’s
assignment, participation, grant of security interests in or other transfers of any portion of, or any of its beneficial interest in, the Receivable Interests (or portion thereof), including without limitation to any collateral agent in connection
with its commercial paper program, if any, and (ii) to the complete assignment by any Uncommitted Purchaser of all of its rights and obligations hereunder to any other Person with prior notice to the other parties hereto, and upon such
assignment such Uncommitted Purchaser shall be released from all obligations and duties, if any, hereunder; provided that, such Uncommitted Purchaser may not, without the prior consent of its Related Committed Purchasers
(and, in the case of any assignment by an Uncommitted Purchaser that is not a Conduit Purchaser, unless a Termination Event has occurred and is continuing, the Seller), make any such transfer of its rights hereunder unless the assignee (i) if
it is a Conduit Purchaser, is principally engaged in the purchase of assets similar to the assets being purchased hereunder, (ii) has as its Purchaser Agent the Purchaser Agent of the assigning Uncommitted Purchaser and (iii) if it is a
Conduit Purchaser, issues commercial paper with credit ratings substantially comparable to the ratings of the assigning Conduit Purchaser and, provided, further, that no such consent of the Seller shall be required if the
assignee is a Purchaser, an Affiliate of a Purchaser or an Approved Fund. Any assigning Uncommitted Purchaser shall deliver to any assignee a Transfer Supplement with any changes as have been approved by the parties thereto, duly executed by such
Uncommitted Purchaser, assigning any portion of its interest in the Receivable Interests to its assignee. Such Uncommitted Purchaser shall promptly (i) notify each of the other parties hereto of such assignment and (ii) take all further
action that the assignee reasonably requests in order to evidence the assignee’s right, title and interest in such interest in the Receivable Interests and to enable the assignee to exercise or enforce any rights of such Uncommitted Purchaser
hereunder. Upon the assignment of any portion of its interest in the Receivable Interests, the assignee shall have all of the rights hereunder with respect to such interest. 

(f) Opinions of Counsel. If required by the Agent or the applicable Purchaser Agent or to maintain the ratings of any Conduit Purchaser,
each Transfer Supplement must be accompanied by an opinion of counsel of the assignee as to such matters as the Agent or such Purchaser Agent may reasonably request. 

  
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 ARTICLE XIII. 

MISCELLANEOUS 

Section 13.1 Waivers and Amendments. 

(a) No failure or delay on the part of the Agent, any Purchaser Agent or any Purchaser in exercising any power, right or remedy under this
Agreement shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or remedy preclude any other further exercise thereof or the exercise of any other power, right or remedy. The rights and remedies herein
provided shall be cumulative and nonexclusive of any rights or remedies provided by law. Any waiver of this Agreement shall be effective only in the specific instance and for the specific purpose for which given. 

(b) No provision of any Transaction Document may be amended, supplemented, modified or waived except in writing in accordance with the
provisions of this Section 13.1(b). Seller and the Agent, with the consent of the Required Purchaser Agents, may enter into written modifications or waivers of any provisions of any Transaction Document; provided
that, no such modification or waiver shall: 
 (i) without the consent of each Purchaser adversely affected thereby,
(A) extend the Facility Termination Date for the related Purchaser Group or the date of any payment or deposit of Collections by Seller or the Servicer, (B) reduce the rate or extend the time of payment of Yield or any CP Costs (or any
component of Yield or CP Costs), (C) change any fee payable to such Purchaser, (D) change the Invested Amount of any Receivable Interest, (E) amend, modify or waive any provision of the definition of Required Purchaser Agents,
Section 9.1, Section 12.1(d), Section 12.1(e), this Section 13.1(b), Section 13.5,
Section 13.6(b) or Section 13.12, (F) consent to or permit the assignment or transfer by Seller of any of its rights and obligations under this Agreement, (G) change the definition of
“Available Commitment”, “Commitment”, “Eligible Receivable”, “Liquidity Agreement”, “Concentration Percentage”, “Excess Concentration”.
“Maximum Purchase Limit”, “Purchase Price” or “Required Reserve”, or (H) amend or modify any defined term (or any defined term used directly or indirectly in such defined term) used in
clauses (A) through (G) above in a manner that would circumvent the intention of the restrictions set forth in such clauses; or 

(ii) without the written consent of the Agent and each Purchaser Agent, amend, modify or waive any provision of any Transaction
Document if the effect thereof is to affect the rights (including, without limitation, fees and indemnities) or duties of such Agent or Purchaser Agent. 

Notwithstanding any of the foregoing to the contrary, the Seller and the Agent, without the consent of any Purchaser or Purchaser Agent, may enter into any
amendment, modification or wavier of any Transaction Document, or enter into any new agreement or instrument, to (i) effect the granting, perfection, protection, expansion or enhancement of any security interest in any Purchased Assets for the
benefit of the Secured Parties, or as required by local law to give effect to, or protect any security interest for the benefit of the Secured Parties, in any property or so that the security interests therein comply with applicable law or
(ii) correct any obvious error or omission of a technical nature, in each case that is immaterial (as reasonably determined by the Agent and the Seller), in any provision of any Transaction Document, if the same is not objected to in writing by
the Required Purchaser Agents within five (5) Business Days following receipt of notice thereof. 

  
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 Section 13.2 Notices. Except as provided in this
Section 13.2, all communications and notices provided for hereunder shall be in writing (including bank wire, telecopy or electronic facsimile transmission or similar writing) and shall be given to the other parties hereto
at their respective addresses or telecopy numbers set forth on the signature pages hereof or at such other address or telecopy number as such Person may hereafter specify for the purpose of notice to each of the other parties hereto. For the
avoidance of doubt, each Purchaser Group’s notice information is included in Exhibit XV. Each such notice or other communication shall be effective (i) if given by telecopy, upon the receipt thereof, (ii) if sent via U.S.
certified or registered mail, three (3) Business Days after the time such communication is deposited in the mail with first class postage prepaid or (iii) if given by any other means, when received at the address specified in this
Section 13.2. If the written confirmation differs from the action taken by the Agent or any Purchaser Agent, the records of such Agent or Purchaser Agent shall govern absent manifest error. 

Section 13.3 Protection of Agent’s Security Interest. 

(a) Seller agrees that from time to time, at its expense, it will promptly execute and deliver all instruments and documents, and take all
actions, that may be necessary, or that the Agent or any Purchaser Agent may reasonably request, to perfect, protect or more fully evidence the Agent’s security interest in the Purchased Assets, or to enable the Agent, any Purchaser Agent or
any Purchaser to exercise and enforce their rights and remedies hereunder. At any time after the occurrence and during the continuance of a Termination Event, the Agent may, or the Agent may direct Seller or the Servicer to, notify the Obligors of
Receivables, at Seller’s expense, of the ownership or security interests of the Agent (for the benefit of the Secured Parties) under this Agreement and may also direct that payments of all amounts due or that become due under any or all
Receivables be made directly to the Agent or its designee. 
 (b) If any Seller Party fails to perform any of its obligations under
Section 13.3(a), the Agent, any Purchaser Agent or any Purchaser may (but shall not be required to) perform, or cause performance of, such obligations, and the costs and expenses incurred in connection therewith shall be
payable by Seller as provided in Section 10.3. Each Seller Party irrevocably authorizes the Agent at any time and from time to time in the sole discretion of the Agent, and appoints the Agent as its attorney-in-fact, to act on behalf of such Seller Party, in any case only after the occurrence and during the continuance of a Termination Event, (i) to execute on behalf
of Seller as debtor and to file financing statements necessary or desirable in the Agent’s sole discretion to perfect and to maintain the perfection and priority of the interest of the Agent for the benefit of the Secured Parties in the
Receivables and the other Purchased Assets and (ii) to file a carbon, photographic or other reproduction of this Agreement or any financing statement with respect to the Receivables and the other Purchased Assets as a financing statement in
such offices as the Agent in its sole discretion deems necessary or desirable to perfect and to maintain the perfection and priority of the Agent’s security interest in the Purchased Assets, for the benefit of the Secured Parties. The Agent
shall provide the Seller with copies of any such filings. This appointment is coupled with an interest and is irrevocable. Each 

  
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of the Seller Parties (A) hereby authorizes the Agent to file financing statements and other filing or recording documents with respect to the Receivables and the other Purchased Assets
(including any amendments thereto, or continuation or termination statements thereof), without the signature or other authorization of such Seller Party, in such form and in such offices as the Agent reasonably determines appropriate to perfect or
maintain the perfection of the security interest of the Agent hereunder, (B) acknowledges and agrees that it is not authorized to, and will not, file financing statements or other filing or recording documents with respect to the Receivables
and the other Purchased Assets (including any amendments thereto, or continuation or termination statements thereof), without the express prior written approval by the Agent, consenting to the form and substance of such filing or recording document,
and (C) approves, authorizes and ratifies any filings or recordings made by or on behalf of the Agent in connection with the perfection of the security interests in favor of Seller or the Agent. 

Section 13.4 Confidentiality. 

(a) Each of the parties hereto shall maintain and shall cause each of its employees, members, partners, certificateholders and officers to
maintain the confidentiality of the Agreement and all information with respect to the other parties, including all information regarding their respective businesses obtained by it or them in connection with the structuring, negotiating and execution
of the transactions contemplated herein, except that each such party and its directors, officers, members, partners, certificateholders and employees may (i) disclose such information to its accountants, attorneys, investors, potential
investors, credit enhancers to the Purchasers and the agents or advisors of such Persons (“Excepted Persons”); provided that each Excepted Person shall, as a condition to any such disclosure, agree
for the benefit of the parties hereto that such information shall be used solely in connection with such Excepted Person’s evaluation of, or relationship with, the Seller and its affiliates, (ii) disclose the existence of the Agreement,
but not the financial terms thereof, (iii) disclose such information as required pursuant to any law, rule, regulation, direction, request or order of any judicial, administrative or regulatory authority or proceedings (whether or not having
the force or effect of law), (iv) disclose such information to any rating agency rating the Commercial Paper and any other nationally recognized statistical rating organization as contemplated in
Section 17g-5 of the Securities Exchange Act of 1934 and (v) disclose the Agreement and such information in any suit, action, proceeding or investigation (whether in law or in equity or pursuant to
arbitration) involving any of the Transaction Documents for the purpose of defending itself, reducing its liability, or protecting or exercising any of its claims, rights, remedies, or interests under or in connection with any of the Transaction
Documents; provided further that the Persons permitted to make such disclosures under clauses (iii) and (v) shall also include credit enhancers to the Purchasers. It is understood that the financial
terms that may not be disclosed except in compliance with this Section 13.4(a) include, without limitation, all fees and other pricing terms, and all Termination Events and priority of payment provisions. 

(b) Anything herein to the contrary notwithstanding, each Seller Party hereby consents to the disclosure of any nonpublic information with
respect to it obtained in connection with the transactions contemplated herein (i) to the Agent, any Liquidity Agent, any Purchaser, any Purchaser Agent or any Funding Source by each other, (ii) by the Agent, any Liquidity Agent, any
Purchaser, any Purchaser Agent or any Funding Source to any prospective or actual assignee or participant of any of them or (iii) by the Agent, any Liquidity Agent, any Purchaser, any Purchaser Agent or any Funding Source to any rating agency,
commercial paper dealer or 

  
 51 

 
provider of a surety, guaranty or credit or liquidity enhancement to a Purchaser and to any officers, directors, members, partners, certificateholders, employees, accountants, advisors, and
attorneys of any of the foregoing, provided that each such Person is informed of the confidential nature of such information and agrees for the benefit of the parties hereto that such information shall be used solely in connection with
such Person’s evaluation. In addition, the Agent, any Liquidity Agent, any Purchaser, any Purchaser Agent, any Funding Source or provider of a surety, guaranty or credit or liquidity enhancement to a Purchaser may disclose any such nonpublic
information as required pursuant to any law, rule, regulation, direction, request or order of any judicial, administrative or regulatory authority or proceedings (whether or not having the force or effect of law). 

(c) Notwithstanding anything herein to the contrary, the foregoing shall not be construed to prohibit (i) disclosure of any and all
information that is or becomes publicly known, (ii) disclosure of any and all information if required to do so by any applicable statute, law, rule or regulation, or (iii) any other disclosure authorized by the Seller or Servicer. 

Section 13.5 Bankruptcy Petition. Each party hereto hereby covenants and agrees that prior to the date which is one year and one
day after the payment in full of all outstanding commercial paper notes or other indebtedness of each Conduit Purchaser, it will not institute against or join any other Person in instituting against such Conduit Purchaser any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States. 

Section 13.6 Limitation of Liability. (a) No claim may be made by any party hereto against any other party hereto or any
Funding Source or their respective Affiliates, directors, officers, members, partners, certificateholders, employees, attorneys or agents for any special, indirect, consequential or punitive damages in respect of any claim for breach of contract or
any other theory of liability arising out of or related to the transactions contemplated by this Agreement, or any act, omission or event occurring in connection therewith; and each party hereto hereby waives, releases, and agrees not to sue upon
any claim for any such damages, whether or not accrued and whether or not known or suspected to exist in its favor, and (b) no Conduit Purchaser shall have any obligation to pay any amounts owing hereunder unless and until such Purchaser has
received such amounts pursuant to its portion of the Receivable Interests and such amounts are not necessary to pay outstanding commercial paper notes or other outstanding indebtedness of such Purchaser. Each party hereto hereby agrees that no
liability or obligation of any Conduit Purchaser hereunder for fees, expenses or indemnities shall constitute a claim (as defined in Section 101 of Title 11 of the United States Bankruptcy Code) against such Purchaser unless such Purchaser has
received cash from its portion of the Receivable Interests sufficient to pay such amounts, and such amounts are not necessary to pay outstanding commercial paper notes or other indebtedness of such Purchaser. 

Section 13.7 CHOICE OF LAW. THIS AGREEMENT SHALL BE GOVERNED AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK,
WITHOUT REGARD TO THE PRINCIPLES OF CONFLICTS OF LAWS THEREOF OTHER THAN SECTIONS 5-1401 AND 5-1402 OF THE GENERAL OBLIGATIONS LAW EXCEPT TO THE EXTENT THAT THE
PERFECTION OF THE OWNERSHIP INTEREST OF SELLER OR THE OWNERSHIP OR SECURITY INTEREST OF THE AGENT (FOR THE BENEFIT OF THE SECURED PARTIES) IN ANY OF THE COLLATERAL IS GOVERNED BY THE LAWS OF A JURISDICTION OTHER THAN THE STATE OF NEW YORK. 

  
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 Section 13.8 CONSENT TO JURISDICTION. EACH PARTY TO THIS AGREEMENT HEREBY
IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE JURISDICTION OF ANY UNITED STATES FEDERAL COURT SITTING IN THE SOUTHERN DISTRICT OF NEW YORK OR ANY NEW YORK STATE COURT SITTING IN NEW YORK COUNTY IN ANY ACTION OR
PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY DOCUMENT EXECUTED BY SUCH PERSON PURSUANT TO THIS AGREEMENT, AND EACH SUCH PARTY HEREBY IRREVOCABLY AGREES THAT ALL CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND
DETERMINED IN ANY SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT SUCH COURT IS AN INCONVENIENT FORUM. NOTHING HEREIN SHALL LIMIT THE
RIGHT OF THE AGENT, ANY PURCHASER AGENT OR ANY PURCHASER TO BRING PROCEEDINGS AGAINST ANY SELLER PARTY IN THE COURTS OF ANY OTHER JURISDICTION. ANY JUDICIAL PROCEEDING BY ANY SELLER PARTY AGAINST THE AGENT, ANY PURCHASER AGENT OR
ANY PURCHASER OR ANY AFFILIATE OF THE AGENT, ANY PURCHASER AGENT OR ANY PURCHASER INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AGREEMENT OR ANY DOCUMENT EXECUTED BY SUCH SELLER PARTY
PURSUANT TO THIS AGREEMENT SHALL BE BROUGHT ONLY IN A COURT IN NEW YORK, NEW YORK. 
 Section 13.9 WAIVER OF JURY TRIAL. EACH
PARTY HERETO HEREBY WAIVES TRIAL BY JURY IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS AGREEMENT, ANY DOCUMENT
EXECUTED BY ANY SELLER PARTY PURSUANT TO THIS AGREEMENT OR THE RELATIONSHIP ESTABLISHED HEREUNDER OR THEREUNDER. 
 Section 13.10
Integration; Binding Effect; Survival of Terms. 
 (a) This Agreement and each other Transaction Document contain the final and
complete integration of all prior expressions by the parties hereto with respect to the subject matter hereof and shall constitute the entire agreement among the parties hereto with respect to the subject matter hereof superseding all prior oral or
written understandings. 
 (b) This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
successors and permitted assigns (including any trustee in bankruptcy). This Agreement shall create and constitute the continuing obligations of the parties hereto in accordance with its terms and shall remain in full force and effect until
terminated in accordance with its terms; provided that the rights and remedies with respect to (i) any breach of any representation and warranty made by any Seller Party pursuant to Article V, (ii) the indemnification
and payment provisions of Article X, and Section 13.4, Section 13.5 and Section 13.6 shall be continuing and shall survive any termination of this Agreement. 

  
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 (c) Each of the Seller Parties, the Agent, the Purchaser Agents and the Purchasers hereby
acknowledges and agrees that the Funding Sources are hereby made express third party beneficiaries of this Agreement and each of the other Transaction Documents as in effect from time to time. 

Section 13.11 Counterparts; Severability; Section References. This Agreement may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one and the same Agreement. Delivery of an executed counterpart of a signature
page to this Agreement by telecopier shall be effective as delivery of a manually executed counterpart of a signature page to this Agreement. Any provisions of this Agreement which are prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. Unless otherwise expressly indicated, all references herein to “Article”, “Section”,
“Schedule” or “Exhibit” shall mean articles and sections of, and schedules and exhibits to, this Agreement. 

Section 13.12 Characterization. 

(a) It is the intention of the parties hereto that each Purchase hereunder shall constitute and be treated as an absolute and irrevocable sale,
which Purchase shall provide the Agent (for the benefit of the Secured Parties) with the full benefits of ownership of the applicable Receivable Interest. Except as specifically provided in this Agreement, each sale of a Receivable Interest
hereunder is made without recourse to Seller; provided that (i) Seller shall be liable to the Agent, the Purchaser Agents and the Purchasers for all representations, warranties, covenants and indemnities made by Seller pursuant to
the terms of this Agreement, and (ii) such sale does not constitute and is not intended to result in an assumption by the Agent, any Purchaser Agent or any Purchaser or any assignee thereof of any obligation of Seller or any Originator or any
other person arising in connection with the Receivables, the Related Security, or the related Contracts, or any other obligations of Seller or any Originator. 

(b) In addition to any ownership interest which the Agent or any Purchaser may from time to time acquire pursuant hereto, Seller hereby grants
to the Agent, for the benefit of Secured Parties, a valid and perfected security interest in all of Seller’s right, title and interest in, to and under all Receivables now existing or hereafter arising, the Collections, each Lock-Box, each Collection Account, all Related Security, all other rights and payments relating to such Receivables, and all proceeds of any thereof prior to all other liens on and security interests therein to
secure the prompt and complete payment of the Aggregate Unpaids. The Agent, on behalf of Secured Parties, shall have, in addition to the rights and remedies that it may have under this Agreement, all other rights and remedies provided to a secured
creditor under the UCC and other applicable law, which rights and remedies shall be cumulative. 
 (c) Notwithstanding Sections
13.12(a) and 13.12(b), for U.S. federal income tax purposes, the parties hereto shall treat and report the Seller’s sales, and the Purchasers’ purchases, of Receivables under the Transaction Documents as one or more secured
loans made by the Purchasers to the Seller. 

  
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 Section 13.13 Federal Reserve. Notwithstanding any other provision of this
Agreement to the contrary, any Purchaser Group may, at any time, pledge or grant a security interest in all or any portion of its rights (including, without limitation, any rights to payment of capital and interest) under this Agreement and any
other Transaction Document to secure obligations of such Purchaser Group to a Federal Reserve Bank, without notice to or consent of the Seller or the Agent or any other party; provided that no such pledge or grant of a
security interest shall release a Purchaser Group from any of its obligations hereunder or substitute any such pledgee or grantee for such Purchaser Group as a party hereto. 

Section 13.14 Patriot Act. Agent, each Purchaser and each Purchaser Agent hereby notifies each Originator, the Seller and the
Servicer 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”), Agent, each Purchaser and
each Purchaser Agent may be required to obtain, verify and record information that identifies each Originator, the Seller and the Servicer, which information includes the name, address, tax identification number and other information regarding each
Originator, the Seller and the Servicer that will allow Agent, each Purchaser and each Purchaser Agent to identify such Persons in accordance with the PATRIOT Act. This notice is given in accordance with the requirements of the PATRIOT Act. Each
Originator, the Seller and the Servicer agrees to provide Agent, each Purchaser and each Purchaser Agent, from time to time, with all documentation and other information required by bank regulatory authorities under “know your customer”
and anti-money laundering rules and regulations, including the PATRIOT Act. 
 <signature pages follow> 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be
executed and delivered by their duly authorized officers or attorneys-in-fact as of the date hereof. 

 

			
	HSFR, INC., as Seller
	
	By: ________________________________________
	Name:	 	      Michael Amodio

    Treasurer

	Title:  
		
	Address:	 	         HSFR, Inc.

        135 Duryea Road

        Melville, New York 11747

		
	Attention:	 	        Chief Financial Officer
	Facsimile:	 	        (631) 843-5541
		
	With a copy to:	 	        Proskauer Rose LLP
		 	         Eleven Times Square

        New York, New York 10036

	Attention:	 	        Ron D. Franklin, Esq.
	Facsimile:	 	         (212) 969-2900

 

  

					
		  	S-1	  	Receivables Purchase Agreement

 
			
	 HENRY SCHEIN, INC.,

as Servicer

	
	By: ________________________________________
	Name:	 	     Steven Paladino

    Executive Vice President and Chief

    Financial Officer

	Title:  
		
	Address:	 	         Henry Schein, Inc.

        135 Duryea Road

        Melville, New York 11747

	Attention:	 	        Chief Financial Officer
	Facsimile:	 	         (631) 843-5541

 

	With a copy to:	 	        Proskauer Rose LLP
		 	         Eleven Times Square

        New York, New York 10036

	Attention:	 	        Ron D. Franklin, Esq.
	Facsimile:	 	         (212) 969-2900

 

  

					
		  	S-2	  	Receivables Purchase Agreement

 
			
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as Agent
	
	By: ________________________________________
	Name:	 	 
	Title:  	 	 
		
	Address:	 	         MUFG Bank, Ltd.

        1251 Avenue of the Americas, 12th
        Floor
         New York, New York 10020-1104

	Attention:	 	        Securitization Department
	Telephone:	 	        (212) 782-6957
	Facsimile:	 	         (212) 782-6448

 

  

					
		  	S-3	  	Receivables Purchase Agreement

 
			
	VICTORY RECEIVABLES CORPORATION, as an Uncommitted Purchaser
	
	By: _______________________________________
	Name:	 	 
	Title:  	 	 
		
	Address:	 	 Victory Receivables Corporation
 c/o Global
Securitization Services,
 LLC
 114 West 47th Street, Suite
2310
 New York, New York 10036

		
	Attention:	 	Frank B. Bilotta
	Telephone:	 	(212) 295-2777
	Facsimile:	 	(212) 302-8767
		
	With a copy to:	 	 MUFG Bank, Ltd.
 1251 Avenue of the Americas,
12th Floor
 New York, New York 10020-1104

	Attention:	 	Securitization Department
	Telephone:	 	(212) 782-6957
	Facsimile:	 	 (212) 782-6448

 

  

			
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as Purchaser Agent for Victory Receivables Corporation
	
	By: _______________________________________
	Name:	 	 
	Title:  	 	 
		
	Address:	 	 MUFG Bank, Ltd.
 1251 Avenue of the Americas,
12th Floor
 New York, New York 10020-1104

	Attention:	 	Securitization Department
	Telephone:	 	(212) 782-6957
	Facsimile:	 	(212) 782-6448

  

					
		  	S-4	  	Receivables Purchase Agreement

 
			
	MUFG BANK, LTD. (F/K/A THE BANK OF TOKYO-MITSUBISHI UFJ, LTD.), as Related Committed Purchaser for Victory Receivables Corporation
	
	By: ____________________________________________
	Name:	 	 
	Title:  	 	 
		
	Address:	 	 MUFG Bank, Ltd.
 1251 Avenue of the Americas,
12th
 Floor

New York, New York 10020-1104

	Attention:	 	Securitization Department
	Telephone:	 	(212) 782-6957
	Facsimile:	 	(212) 782-6448

  

					
		  	S-5	  	Receivables Purchase Agreement

 EXHIBIT I 

DEFINITIONS 
 As used
in this Agreement, the following terms shall have the following meanings (such meanings to be equally applicable to both the singular and plural forms of the terms defined): 

“Account Disclosure Letter” means that certain letter from the Seller and the Servicer to the Agent and each Purchaser
Agent, setting forth each Lock-Box and Collection Account to which Collections are remitted. 

“Adjusted Dilution Ratio” means, as of any day, the average of the Dilution Ratios for the preceding twelve
Calculation Periods. 
 “Affiliate” shall mean, with respect to a Person, any other Person which directly or
indirectly controls, is controlled by or is under common control with, such Person. The term “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person,
whether through the ownership of voting securities, by contract or otherwise. 
 “Agent” has the meaning set forth
in the preamble to this Agreement. 
 “Aggregate Invested Amount” means, on any date of determination, the aggregate
Invested Amount of all Receivable Interests of all Purchasers outstanding on such date. 
 “Aggregate Reduction” has
the meaning specified in Section 1.3. 
 “Aggregate Unpaids” means, at any time, an amount
equal to the sum of (i) the Aggregate Invested Amount, plus (ii) all Recourse Obligations (whether due or accrued) at such time. 

“Agreement” means this Agreement, as it may be amended, restated, supplemented or otherwise modified and in effect
from time to time. 
 “Alternate Base Rate” means, for any day for any Purchaser, the rate per annum equal to
(i) 1.50% above the LIBO Rate or (ii) if the LIBO Rate is not available in accordance with Section 4.3, the greater of (x) the Prime Rate and (y) one-half of one
percent (0.50%) above the Federal Funds Effective Rate. For purposes of determining the Alternate Base Rate for any day, changes in the Prime Rate or the Federal Funds Effective Rate shall be effective on the date of each such change. 

“Anti-Corruption Laws” means all laws, rules, and regulations of any jurisdiction applicable to the Seller
Parties or their respective Subsidiaries from time to time concerning or relating to bribery or corruption, including the Foreign Corrupt Practices Act of 1977, as amended, the UK Bribery Act 2010, and any applicable law or regulation implementing
the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions.  

  
 I-1 

 “Anti-Terrorism Laws” means each of: (a) the Executive Order;
(b) the PATRIOT Act; (c) the Money Laundering Control Act of 1986, 18 U.S.C. Sect. 1956 and any successor statute thereto; (d) the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada); (e) the Bank Secrecy Act,
and the rules and regulations promulgated thereunder; and (f) any other applicable law of the United States, Canada or any member state of the European Union now or hereafter enacted to monitor, deter or otherwise prevent: (i) terrorism or
(ii) the funding or support of terrorism or (iii) money laundering 
 “Applicable Spread” has the meaning
set forth in the Fee Letter. 
 “Applicable Originator” shall mean the Originator which generated a specific
Receivable (or Receivables). 
 “Approved Fund” means any Person (other than a natural person) that is engaged in
making, purchasing, holding or investing in bank loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by a Purchaser, an Affiliate of a Purchaser or an entity or an Affiliate of an entity
that administers or manages a Purchaser. 
 “Assumption Agreement” means an agreement substantially in the form set
forth in Exhibit VII to the Agreement. 
 “Available Commitment” means, with respect to each Related
Committed Purchaser, the excess, if any, of such Related Committed Purchaser’s Commitment over the amount funded as of such date by such Related Committed Purchaser hereunder or with respect to outstanding principal of the Receivable Interests
under the Liquidity Agreement for the Conduit Purchaser, if any, in the related Purchaser Group. 
 “Available
Tenor” means as of any date of determination and with respect to the then-current Benchmark, as applicable, any tenor for such Benchmark (or component thereof) or payment period for interest calculated with reference to such Benchmark
(or component thereof), as applicable, that is or may be used for determining the length of an Interest Period for any term rate or otherwise, for determining any frequency of making payments of interest calculated pursuant to this Agreement as of
such date and not including, for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to clause (e) of Section 4.5. 

“Bank Funding” means the funding of a Receivable Interest hereunder by any Purchaser other than through the issuance
of Commercial Paper. 
 “Bank Rate” means, with respect to each Receivable Interest that is funded through a Bank
Funding, (a) the LIBO Rate or (b) if the LIBO Rate is not available in accordance with Section 4.3, the Alternate Base Rate. 

“Benchmark” means initially, with respect to any (i) Invested Amount funded through a Bank Funding, the
applicable Bank Rate for such Invested Amount or (ii) Invested Amount funded by a Conduit Purchaser pursuant to clause (B) of the definition of “CP Costs”, the CP Costs for such Invested Amount; provided that
if a Benchmark Transition Event, a Term SOFR Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date have occurred with respect
to the applicable Bank 

  
 I-2 

 
Rate, CP Costs or the then-current Benchmark for such Invested Amount, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has
replaced such prior benchmark rate pursuant to clause (a) or clause (b) of Section 4.5. 

“Benchmark Replacement” means, for any Available Tenor, the first alternative set forth in the order
below that can be determined by the Agent for the applicable Benchmark Replacement Date; provided that in the case of an Other Benchmark Rate Election, “Benchmark Replacement” shall mean the alternative set forth in (3) below:

 (1) the sum of: (a) Term SOFR and (b) the related Benchmark Replacement Adjustment; 

(2) the sum of: (a) Daily Simple SOFR and (b) the related Benchmark Replacement Adjustment; 

(3) the sum of: (a) the alternate benchmark rate that has been selected by the Agent and the Seller as the replacement for
the then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such a rate by the Relevant Governmental Body or
(ii) any evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark for syndicated credit facilities denominated in U.S. Dollars at such time in the United States and
(b) the related Benchmark Replacement Adjustment; 
 provided that, in the case of clause (1), such Unadjusted Benchmark Replacement is
displayed on a screen or other information service that publishes such rate from time to time as selected by the Agent in its reasonable discretion; provided further that, in the case of clause (3), when such clause is used to determine the
Benchmark Replacement in connection with the occurrence of an Other Benchmark Rate Election, the alternate benchmark rate selected by the Agent and the Seller shall be the term benchmark rate that is used in lieu of a LIBOR-based rate in the
relevant other Dollar-denominated syndicated credit facilities; provided further that, notwithstanding anything to the contrary in this Agreement or in any other Transaction Document, upon the occurrence of a Term SOFR Transition Event, and
the delivery of a Term SOFR Notice, on the applicable Benchmark Replacement Date the “Benchmark Replacement” shall revert to and shall be deemed to be the sum of (a) Term SOFR and (b) the related Benchmark Replacement Adjustment,
as set forth in clause (1) of this definition (subject to the first proviso above). 
 If the Benchmark Replacement as determined
pursuant to clause (1), (2) or (3) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the purposes of this Agreement and the other Transaction Documents. 

“Benchmark Replacement Adjustment” means, with respect to any replacement of the then-current Benchmark
with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement: 

(1) for purposes of clauses (1) and (2) of the definition of “Benchmark Replacement,” the first alternative set
forth in the order below that can be determined by the Agent: 

  
 I-3 

 (a) the spread adjustment, or method for calculating or determining such
spread adjustment, (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or recommended by the Relevant Governmental Body for the
replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable Corresponding Tenor; 

(b) the spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark
Replacement is first set for such Interest Period that would apply to the fallback rate for a derivative transaction referencing the ISDA Definitions to be effective upon an index cessation event with respect to such Benchmark for the applicable
Corresponding Tenor; and 
 (2) for purposes of clause (3) of the definition of “Benchmark Replacement,” the
spread adjustment, or method for calculating or determining such spread adjustment, (which may be a positive or negative value or zero) that has been selected by the Agent and the Seller for the applicable Corresponding Tenor giving due
consideration to (i) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the
Relevant Governmental Body on the applicable Benchmark Replacement Date and/or (ii) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the
replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for syndicated credit facilities denominated in U.S. Dollars at such time; 

provided that, in the case of clause (1) above, such adjustment is displayed on a screen or other information service that publishes such
Benchmark Replacement Adjustment from time to time as selected by the Agent in its reasonable discretion. 
 “Benchmark
Replacement Conforming Changes” means, with respect to any Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Alternate Base Rate”, the definition of
“Business Day,” the definition of “Interest Period,” timing and frequency of determining rates and making payments of interest, timing of purchase requests or prepayment, conversion or continuation notices, length of lookback
periods, the applicability of breakage provisions, and other technical, administrative or operational matters) that the Agent decides may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit the
administration thereof by the Agent in a manner substantially consistent with market practice (or, if the Agent decides that adoption of any portion of such market practice is not administratively feasible or if the Agent determines that no market
practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Agent decides is reasonably necessary in connection with the administration of this Agreement and the other Transaction Documents).

  
 I-4 

 “Benchmark Replacement Date” means, with respect to
any Benchmark, the earliest to occur of the following events with respect to such then-current Benchmark: 
 (1) in the case
of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of (a) the date of the public statement or publication of information referenced therein and (b) the date on which the administrator of such
Benchmark (or the published component used in the calculation thereof) permanently or indefinitely ceases to provide all Available Tenors of such Benchmark (or such component thereof); 

(2) in the case of clause (3) of the definition of “Benchmark Transition Event,” the first date on which such
Benchmark (or the published component used in the calculation thereof) has been determined and announced by the regulatory supervisor for the administrator of such Benchmark (or such component thereof) to be no longer representative; provided, that
such non-representativeness will be determined by reference to the most recent statement or publication referenced in such clause (c) and even if any Available Tenor of such Benchmark (or such component
thereof) continues to be provided on such date; 
 (3) in the case of a Term SOFR Transition Event, the date that is thirty
(30) days after the date a Term SOFR Notice is provided to the Purchasers, Purchaser Agent and the Seller pursuant to Section 4.5(b); or 

(4) in the case of an Early Opt-in Election or an Other Benchmark Rate Election, the
sixth (6th) Business Day after the date notice of such Early Opt-in Election or Other Benchmark Rate Election, as applicable, is provided to the Purchasers and Purchaser Agents, so long as the Agent has not
received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election or Other Benchmark Rate Election, as applicable, is provided to the Purchasers
and Purchaser Agents, written notice of objection to such Early Opt-in Election or Other Benchmark Rate Election, as applicable, from the Required Purchaser Agents. 

For the avoidance of doubt, (i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than,
the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination and (ii) the “Benchmark Replacement Date” will be deemed to have
occurred in the case of clause (1) or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published component used
in the calculation thereof). 
 “Benchmark Transition Event” means, with respect to any Benchmark, the
occurrence of one or more of the following events with respect to such then-current Benchmark: 
 (1) a public statement or
publication of information by or on behalf of the administrator of such Benchmark (or the published component used in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such
Benchmark (or such component thereof), permanently or indefinitely, provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such
component thereof); 

  
 I-5 

 (2) a public statement or publication of information by the regulatory
supervisor for the administrator of such Benchmark (or the published component used in the calculation thereof), the Federal Reserve Board, the Federal Reserve Board of New York, the central bank for U.S. Dollars applicable to such Benchmark, an
insolvency official with jurisdiction over the administrator for such Benchmark (or such component), a resolution authority with jurisdiction over the administrator for such Benchmark (or such component) or a court or an entity with similar
insolvency or resolution authority over the administrator for such Benchmark (or such component), in each case, which states that the administrator of such Benchmark (or such component) has ceased or will cease to provide all Available Tenors of
such Benchmark (or such component thereof) permanently or indefinitely; provided that, at the time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such
component thereof); or 
 (3) a public statement or publication of information by the regulatory supervisor for the
administrator of such Benchmark (or the published component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer, or as of a specified future date will no longer be,
representative. 
 For the avoidance of doubt, a “Benchmark Transition Event” will be deemed to have occurred with respect to any
Benchmark if a public statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation thereof). 

“Benchmark Unavailability Period” means, with respect to any Benchmark, the period (if any) (x)
beginning at the time that a Benchmark Replacement Date pursuant to clauses (1) or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced such then-current Benchmark for all purposes hereunder and under any
Transaction Document in accordance with Section 4.5 and (y) ending at the time that a Benchmark Replacement has replaced such then-current Benchmark for all purposes hereunder and under any Transaction Document in
accordance with Section 4.5. 
 “Beneficial Ownership Rule” means 31 C.F.R. §
1010.230. 
 “Broken Funding Costs” means for any Receivable Interest which: (i) has its Invested Amount
reduced (I) if funded with Commercial Paper, without compliance by Seller with the notice requirements hereunder or (II) if funded by reference to the Yield Rate and based upon the LIBO Rate, on any date other than the Settlement Date or
(ii) does not become subject to an Aggregate Reduction following the delivery of any Reduction Notice or (iii) is assigned by any Conduit Purchaser to the Liquidity Providers under the related Liquidity Agreement or terminated prior to the
date on which it was originally scheduled to end; an amount equal to the excess, if any, of (A) the CP Costs or Yield (as applicable) that would have accrued during the remainder of the Interest Periods or the tranche periods for Commercial
Paper determined by the applicable Purchaser Agent to relate to such Receivable Interest (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (ii) above, the date such Aggregate
Reduction was designated to occur pursuant to the Reduction Notice) of the Invested Amount of such Receivable Interest if such reduction, assignment or termination had not 

  
 I-6 

 
occurred or such Reduction Notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Invested Amount is allocated to another Receivable Interest, the
amount of CP Costs or Yield actually accrued during the remainder of such period on such Invested Amount for the new Receivable Interest, and (y) to the extent such Invested Amount is not allocated to another Receivable Interest, the income, if
any, actually received during the remainder of such period by the holder of such Receivable Interest from investing the portion of such Invested Amount not so allocated. In the event that the amount referred to in clause (B) exceeds the
amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess (net of any amounts due to such Purchasers). All Broken Funding Costs shall be due and payable hereunder upon
written demand. 
 “Business Day” means any day on which banks are not authorized or required to close in New York,
New York, and The Depository Trust Company of New York is open for business, and, if the applicable Business Day relates to any computation or payment to be made with respect to the Yield Rate and based upon the LIBO Rate, any day on which dealings
in dollar deposits are carried on in the London interbank market. 
 “Calculation Period” means each accounting
month specified in Part 1 of Exhibit XIV. 
 “Capitalized Lease” of a Person shall mean any lease of
property by such Person as lessee which would be capitalized on a balance sheet of such Person prepared in accordance with GAAP. 

“Change in Control” means any Person or “group” (within the meaning of Section 13(d) or
14(d) of the Securities Exchange Act of 1934, as amended) (A) shall have acquired beneficial interest of 50% or more of any outstanding class of equity interests having ordinary voting power in the election of the directors of Schein (other
than the aggregate beneficial ownership of the Persons who are officers or directors of Schein as of September 12, 2012) or (B) shall obtain (i) the power (whether or not exercised) to elect a majority of Schein’s directors or
(ii) the board of directors of Schein shall not consist of a majority of Continuing Directors. 
 “Closing
Date” April 17, 2013. 
 “Collection Account” means each concentration account, depositary
account, lock-box account or similar account in which any Collections are collected or deposited and which is listed on Exhibit I to the Account Disclosure Letter. 

“Collection Account Agreement” means an agreement, substantially in the form of Exhibit V, among Servicer,
Seller, the Agent and a Collection Bank. 
 “Collection Bank” means, at any time, any of the banks holding one or
more Collection Accounts. 
 “Collection Notice” means a notice, in substantially the form of Annex A to
Exhibit V, from the Agent to a Collection Bank. 
 “Collections” means, with respect to any Receivable, all
cash collections and other cash proceeds in respect of such Receivable, including, without limitation, all Finance Charges or other related amounts accruing in respect thereof and all cash proceeds of Related Security with respect to such
Receivable. 

  
 I-7 

 “Commercial Paper” means, with respect to any Conduit Purchaser,
(a) promissory notes issued by such Conduit Purchaser in the commercial paper market or (b) on any day, any short-term notes or any other form of debt issued by or on behalf of such Conduit Purchaser in the ordinary course of its financing
business or obligations pursuant to interest rate basis swaps entered into in connection with the issuance of such short-term notes. 

“Commitment” means, with respect to each Related Committed Purchaser, the aggregate maximum amount which such
Purchaser is obligated to pay hereunder on account of all Purchases, which amount is the amount set forth as its “Commitment” in the right column of Exhibit XV, or in the Assumption Agreement or Transfer Supplement, pursuant to
which it became a Purchaser, as such amount may be modified in connection with any subsequent assignment pursuant to Section 12.1 or in connection with a reduction in the Maximum Purchase Limit pursuant to
Section 1.1(b). 
 “Commitment Percentage” means, for each Related Committed Purchaser in
a Purchaser Group, such Related Committed Purchaser’s Commitment divided by the total of all Commitments of all Related Committed Purchasers in such Purchaser Group. 

“Concentration Percentage” means (i) for any Group A Obligor, 10.00%, (ii) for any Group B Obligor, 10.00%, (iii)
for any Group C Obligor, 5.00% and (iv) for any Group D Obligor, 2.50%. 
 “Conduit Purchasers” means each
Purchaser that is a commercial paper conduit. 
 “Consolidated Subsidiary” shall mean, at any date, for any Person,
any Subsidiary or other entity the accounts of which would be consolidated under GAAP with those of such Person in its consolidated financial statements as of such date. 

“Contingent Obligation” of a Person means any agreement, undertaking or arrangement by which such Person assumes,
guarantees, endorses, contingently agrees to purchase or provide funds for the payment of, or otherwise becomes or is contingently liable upon, the obligation or liability of any other Person, or agrees to maintain the net worth or working capital
or other financial condition of any other Person, or otherwise assures any creditor of such other Person against loss, including, without limitation, any comfort letter, operating agreement, take-or-pay contract or application for a letter of credit. 
 “Continuing
Directors” means, as to Schein, the directors of Schein as of September 12, 2012, and each other director of Schein whose nomination for election to the Board of Directors of Schein is recommended by a majority of the then
Continuing Directors. 
 “Contract” means, with respect to any Receivable, any and all instruments, agreements,
invoices or other writings pursuant to which such Receivable arises or which evidence such Receivable. 

  
 I-8 

 “Contractual Dilution” means any amount by which a Receivable is
reduced prior to payment by the relevant Obligor as a result of allowances, discounts, sales programs or rebates which are customary and specified in a sales contract or applicable obligor program. 

“Corresponding Tenor” means, with respect to any Available Tenor, as applicable, either a tenor (including overnight)
or an interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. 
 “CP
Costs” means, for each day for any Conduit Purchaser (a) the “weighted average cost” (as defined below) for such day related to the issuance of Commercial Paper by such Conduit Purchaser that is allocated, in whole or in
part by such Conduit Purchaser, to fund all or part of its Purchases (and which may also be allocated in part to the funding of other assets of such Conduit Purchaser) or (b) any other amount designated as the “CP Costs” for such
Conduit Purchaser in an Assumption Agreement or Transfer Supplement pursuant to which such Conduit Purchaser becomes a party (as a Conduit Purchaser) to the Agreement, or any other written agreement among such Conduit Purchaser, the Seller, the
Servicer, the related Purchaser Agent and the Agent from time to time. As used in this definition, the “weighted average cost” shall consist of (A) the actual interest rate (or discount) paid to purchasers of Commercial Paper issued
by such Conduit Purchaser, together with the commissions of placement agents and dealers in respect of such Commercial Paper, to the extent such commissions are allocated, in whole or in part, to such Commercial Paper (B) the costs associated
with the issuance of such Commercial Paper, including without limitation, issuing and paying agent fees incurred with respect to such Commercial Paper, (C) any incremental carrying costs incurred with respect to Commercial Paper maturing on
dates other than those on which corresponding funds are received by such Conduit Purchaser under this Agreement and (D) interest on other borrowing or funding sources by such Conduit Purchaser, including, without limitation, (i) to fund
small or odd dollar amounts that are not easily accommodated in the commercial paper market, (ii) bridge loans, (iii) market disruption loans, (iv) subordinate notes and (v) voluntary advance facilities. 

“Credit Agreement” means that certain Credit Agreement, dated as of September 12, 2012, among Schein, as
borrower, the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, HSBC Bank USA, National Association, as syndication agent and U.S. Bank National Association, MUFG, UniCredit Bank AG and The Bank of New York Mellon, as co-documentation agents, as amended, restated, supplemented or otherwise modified from time to time. 

“Credit and Collection Policy” means, as applicable, Schein’s credit and collection policies and practices
relating to Contracts and Receivables existing on the date hereof and provided to the Agent and each Purchaser Agent, as modified from time to time in accordance with this Agreement. 

“Cut-Off Date” means the last day of a Calculation Period. 

“Daily Simple SOFR” means, for any day, SOFR, with the conventions for this rate (which may include a lookback) being
established by the Agent in accordance with the conventions for this rate selected or recommended by the Relevant Governmental Body for determining “Daily Simple SOFR” for business loans; provided, that if the Agent decides that any such
convention is not administratively feasible for the Agent, then the Agent may establish another convention in its reasonable discretion. 

  
 I-9 

 “Deemed Collections” means Collections deemed received by Seller
under Section 1.4(a). 
 “Default Rate” means a rate per annum equal to the sum of
(a) Prime Rate and (b) 1.50%. 
 “Default Ratio” means, as of any
Cut-Off Date, the ratio (expressed as a percentage) computed by dividing (i) the aggregate Outstanding Balance of Receivables which became Defaulted Receivables during the Calculation Period that includes
such Cut-Off Date by (ii) the aggregate Outstanding Balance of Receivables originated by the Originators during the Calculation Period occurring four (4) months prior to the Calculation Period ending
on such Cut-Off Date. 
 “Defaulted Receivable” means a Receivable (without
duplication): (i) as to which the Obligor thereof has suffered an Event of Bankruptcy; (ii) which, consistent with the Credit and Collection Policy, should be written off Seller’s books as uncollectible; or (iii) as to which any
payment, or part thereof, remains unpaid for more than ninety (90) days but equal to or less than one hundred and twenty (120) days from the original due date for such payment (determined without regard to any extension of the due
date pursuant to Section 8.2(d)). 
 “Delinquency Ratio” means, as of any Cut-Off Date, the ratio (expressed as a percentage) computed by dividing (i) the aggregate Outstanding Balance of all Delinquent Receivables as of such Cut-Off Date by
(ii) the aggregate Outstanding Balance of all Receivables as of such Cut-Off Date. 

“Delinquent Receivable” means a Receivable (other than a Defaulted Receivable) as to which any payment, or part
thereof, remains unpaid for more than 60 days from the original due date for such payment (determined without regard to any extension of the due date pursuant to Section 8.2(d)). 

“Diluted Receivable” means a Receivable which in whole or in part has become a subject of reduction as a result of
returned products, defect, dispute, warranty, cash discounts, allowances, rebates, rejections, set off, netting, deficit, failure to perform on the part of the related Originator, adjustment, or any other reason besides reasons pertaining to the
credit worthiness of the related Obligor. 
 “Dilution” means the amount of any reduction or cancellation of the
Outstanding Balance of a Receivable as described in Section 1.4(a). 
 “Dilution Horizon Ratio
means as of any date, a ratio (expressed as a percentage), computed as of the last day of the most recently ended Calculation Period by dividing (i) the sum of the aggregate amount of gross sales of the Originators generated during the most
recently ended Calculation Period by (ii) the amount equal to the Non-Defaulted Receivables Balance as of the last day of the most recently ended Calculation Period. 

  
 I-10 

 “Dilution Ratio” means, as of any
Cut-Off Date, a ratio (expressed as a percentage) computed by dividing (i) the aggregate Outstanding Balance of Receivables that became Diluted Receivables (excluding any portion thereof constituting
Contractual Dilution) during the Calculation Period ending on such Cut-Off Date by (ii) the aggregate Outstanding Balance of Receivables generated by the Originators during the Calculation Period
immediately prior to the Calculation Period ending on such Cut-Off Date. 
 “Dilution
Reserve Floor Percentage” means the product of: 
 ADR x DHR 

where: 
 ADR =
Adjusted Dilution Ratio; 
 DHR = Dilution Horizon Ratio. 

“Dilution Spike” means, at any time, the highest three (3) month average Dilution Ratio observed over the
previous 12 months. 
 “Dilution Volatility Ratio” means the product of: 

((DS – ADR) x DS/ADR) 

where: 
 ADR =
Adjusted Dilution Ratio; 
 DS = Dilution Spike 

“Dispute” shall mean any dispute, deduction, claim, offset, defense, counterclaim,
set-off or obligation of any kind, contingent or otherwise, relating to a Receivable, including, without limitation, any dispute relating to goods or services already paid for. 

“Dollar” and “$” shall mean lawful currency of the United States of America. 

“Dynamic Dilution Reserve Percentage” means, at any time, a percentage calculated as follows: 

((SF x ADR) + DVR) x DHR 

where: 
 SF = stress
factor of 2.00; 
 ADR = Adjusted Dilution Ratio; 

DVR = Dilution Volatility Ratio; 

DHR = Dilution Horizon Ratio. 

  
 I-11 

 “Dynamic Loss Reserve Percentage” means, at any
time, the product of: 
 SF x DR x LHR 

where: 

SF = stress factor of 2.00; 

DR = the highest three-month average Default Ratio over (x) from October 20, 2021 through the Calculation Period ending on
November 27, 2021, each Calculation Period from the Calculation Period ending on December 26, 2020 through the Calculation Period that immediately precedes the Calculation Period in which such date of determination occurs and (y) at
all other times, the past 12 months; 
 LHR = Loss Horizon Ratio. 

“Early Opt-in Election” means, if the then current Benchmark
with respect to U.S. Dollars is the LIBO Rate, the occurrence of: 
 (1) a notification by the Agent to (or the request by the Seller to the
Agent to notify) each of the other parties hereto that at least five currently outstanding Dollar denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed) a SOFR-based rate (including SOFR, a
term SOFR or any other rate based upon SOFR) as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and 

(2) the joint election by the Agent and the Seller to trigger a fallback from the LIBO Rate and the provision, as applicable, by the Agent of
written notice of such election to the Seller and the Purchasers. 
 “Eligible Receivable” means, at any time, a
Receivable: 
 (a) which, together with the related Contract, complies with all applicable Laws and other legal requirements,
whether Federal, state or local, including, without limitation, to the extent applicable, usury laws, the Federal Consumer Credit Protection Act, the Fair Credit Billing Act, the Federal Truth in Lending Act, and Regulation Z of the Board of
Governors of the Federal Reserve System; 
 (b) which constitutes an “account”, “chattel paper” or a
“payment intangible” as defined in the UCC as in effect in the State of New York and the jurisdiction whose Law governs the perfection of the Agent’s (for the benefit of the Secured Parties) ownership and security interest therein,
and is not evidenced by an “instrument,” as defined in the UCC as so in effect; 
 (c) which was originated in
connection with a sale of goods or the provision of services by the Applicable Originator in the ordinary course of its business to an Obligor who was approved by the Applicable Originator in accordance with its Credit and Collection Policy, and
which Obligor is not an Affiliate of the Seller or the Applicable Originator; 

  
 I-12 

 (d) which (i) arises from a Contract and has been billed, or in respect
of which the related Obligor is otherwise liable, in accordance with the terms of such Contract and (ii) arises from a Contract that (A) does not require the Obligor under such Contract to consent to the transfer, sale or assignment of the
rights and duties of the Applicable Originator or the Seller under such Contract and (B) does not contain any provision that restricts the ability of the Agent, any Purchaser Agent or any Purchaser to exercise its rights under this Agreement
(or the Receivables Sale Agreement), including, without limitation, the right to review the Contract; 
 (e) which
constitutes a legal, valid, binding and irrevocable payment obligation of the related Obligor, enforceable in accordance with its terms, and which is not subject to any Disputes or other offsets, counterclaims, defenses or contra accounts;
provided that (1) if such Dispute, offset, counterclaim, defense or contra accounts affects only a portion of the Outstanding Balance of such Receivable or (2) if such Receivable is subject to Contractual
Dilution then such Receivable may be deemed an Eligible Receivable to the extent of the portion of such Outstanding Balance which is not so affected; 

(f) which provides for payment in U.S. Dollars and is to be paid in the United States by the related Obligor; 

(g) with respect to which the related Contract directs (or the Servicer has directed) payment thereof to be sent to a Lock-Box or the Collection Account; 
 (h) which has not been repurchased by any Originator
pursuant to the repurchase provisions of the Receivables Sale Agreement; 
 (i) which is not a Defaulted Receivable or
Delinquent Receivable; 
 (j) which has a related Obligor (i) for which no more than 35% of the aggregate Outstanding
Balances of Receivables owed by such Obligor are greater than 90 days past due and (ii) which is not the subject of a current Event of Bankruptcy and has not been the subject of an Event of Bankruptcy during the prior 24 months unless otherwise
agreed to in writing by the Agent and the Required Purchaser Agents; 
 (k) which has a related Obligor that is a Person
domiciled in the United States of America; provided that Receivables owed by Obligors not domiciled in the United States are permitted to be Eligible Receivables if the related Obligor is a resident of an OECD country; 

(l) which was not originated in or subject to the Laws of a jurisdiction whose Laws would make such Receivable, the related
Contract or the sale of the Receivable Interests to the Seller or Agent for the benefit of the Purchasers, or the pledge of the security interest to the Agent (for the benefit of the Secured Parties), hereunder unlawful, invalid or unenforceable and
which is not subject to any legal limitation on transfer; 

  
 I-13 

 (m) which (i) immediately prior to the sale of such Receivable to the
Seller under and in accordance with the Receivables Sale Agreement, was owned solely by the Applicable Originator free and clear of all Liens, except for the Lien arising in connection with the Receivables Sale Agreement, (ii) was transferred
to the Seller in a “true sale” or “true contribution” under the Receivables Sale Agreement and (iii) after such sale, is owned solely by the Seller free and clear of all Liens, except for the Lien arising in connection with
this Agreement; 
 (n) for which all goods, services, and other products and transactions in connection with such Receivable
have been finally performed or delivered to and accepted by the Obligor without Dispute; 
 (o) which does not provide the
Obligor with the right to obtain any cash advance thereunder; 
 (p) which by its terms has Invoice Payment Terms of less
than 91 days; provided that an Extended Term Receivable may be an Eligible Receivable if the Invoice Payment Terms of such Extended Term Receivable do not exceed 180 days; 

(q) which is an eligible asset within the meaning of Rule 3a-7 promulgated under the
Investment Company Act of 1940, as amended from time to time; 
 (s) which has terms which have not been modified, impaired,
waived, altered, extended or renegotiated since the initial sale or provision of service to an Obligor in any way not expressly permitted for in this Agreement; 

(t) which represents all or part of the sales price of merchandise, insurance, services, and goods within the meaning of the
Investment Company Act of 1940, Section 3(c)(5), as amended, and which is sold by the Applicable Originator in the ordinary course of business; 

(u) for which the purchase of such Receivable is a “current transaction” within Section 3(a)(3) of the
Securities Act of 1933; and 
 (v) the Obligor of which is not a Sanctioned Person. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended from time to time, and any rule or
regulation issued thereunder. 
 “ERISA Affiliate” means any trade or business (whether or not incorporated) under
common control with Schein within the meaning of Section 414(b) or (c) of the Internal Revenue Code (and Sections 414(m) and (o) of the Internal Revenue Code for purposes of provisions relating to Section 412 of the Internal
Revenue Code). 
 “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) a
complete or partial withdrawal from a Multiemployer Plan that results in liability to Schein or any ERISA Affiliate, or the receipt or delivery by Schein or any ERISA Affiliate of any notice with respect to any Multiemployer Plan concerning the
imposition of liability as a result of a complete or partial withdrawal from such Multiemployer Plan, as such terms are defined in Part I of Subtitle E of Title IV of ERISA; (c) a determination that a Multiemployer Plan is, or is expected to
be, insolvent or in reorganization, within the meaning of Title IV of ERISA; (d) the filing pursuant to Section 412(c) of the Internal Revenue Code or Section 302(c) of ERISA of an 

  
 I-14 

 
application for a waiver of the minimum funding standard with respect to any Pension Plan; (e) the PBGC or a plan administrator shall, or shall indicate its intention in writing to Schein or
any ERISA Affiliate to, terminate any Pension Plan or appoint a trustee to administer any Pension Plan; (f) Schein or any ERISA Affiliate incurs liability under Title IV of ERISA with respect to the termination of any Pension Plan; (g) a
failure by any Pension Plan to satisfy the minimum funding standards (as defined in Section 412 of the Internal Revenue Code or Section 302 of ERISA) applicable to such Pension Plan, in each instance, whether or not waived or (h) the
imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon Schein or any ERISA Affiliate. 

“Event of Bankruptcy” shall be deemed to have occurred with respect to a Person if either: 

(a) a case or other proceeding shall be commenced, without the application or consent of such Person, in any court, seeking the
liquidation, reorganization, debt arrangement, dissolution, winding up, or composition or readjustment of debts of such Person, the appointment of a trustee, receiver, custodian, liquidator, assignee, sequestrator or the like for such Person or all
or substantially all of its assets, or any similar action with respect to such Person under any law relating to bankruptcy, insolvency, reorganization, winding up or composition or adjustment of debts, and such case or proceeding shall continue
undismissed, or unstayed and in effect, for a period of 60 consecutive days; or an order for relief in respect of such Person shall be entered in an involuntary case under the federal bankruptcy laws or other similar laws now or hereafter in effect;
or 
 (b) such Person shall commence a voluntary case or other proceeding under any applicable bankruptcy, insolvency,
reorganization, debt arrangement, dissolution or other similar law now or hereafter in effect, or shall consent to the appointment of or taking possession by a receiver, liquidator, assignee, trustee (other than a trustee under a deed of trust,
indenture or similar instrument), custodian, sequestrator (or other similar official) for, such Person or for any substantial part of its property, or shall make any general assignment for the benefit of creditors, or shall be adjudicated insolvent,
or admit in writing its inability to pay its debts generally as they become due, or, if a corporation or similar entity, its board of directors shall vote to implement any of the foregoing. 

“Excepted Persons” has the meaning set forth in Section 13.4. 

“Excess Concentration” means, without duplication, the sum of the following amounts: 

(a) the sum of the amounts calculated for each of the Obligors equal to the excess (if any) of the aggregate Outstanding
Balance of the Eligible Receivables of such Obligor, over the product of (x) such Obligor’s Concentration Percentage, multiplied by (y) the aggregate Outstanding Balance of all Eligible Receivables; plus 

(b) the amount (if any) by which the aggregate Outstanding Balance of all Eligible Receivables owed by Obligors not domiciled
in the United States and are residents of an OECD country, exceeds 5.00% of the aggregate Outstanding Balance of all Eligible Receivables; plus 

  
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 (c) the amount (if any) by which the aggregate Outstanding Balance of all
Eligible Receivables that are Extended Term Receivables, exceeds 5.00% of the aggregate Outstanding Balance of all Eligible Receivables; plus 

(d) the amount (if any) by which the aggregate Outstanding Balance of all Eligible Receivables that are Government Receivables,
exceeds 5.00% of the aggregate Outstanding Balance of all Eligible Receivables; plus 
 (e) the amount (if any) by
which the aggregate Outstanding Balance of all Eligible Receivables that are Rebilled Receivables exceeds 1.50% of the aggregate Outstanding Balance of all Receivables originated by the Originators during the Calculation Period that immediately
precede such date of determination.  
 “Excluded Taxes” has the meaning set forth in
Section 10.1(d). 
 “Executive Order” means Executive Order No. 13224 on Terrorist
Financings: Blocking Property and Prohibiting Transactions With Persons Who Commit, Threaten To Commit, or Support Terrorism issued on September 23, 2001. 

“Extended Term Receivables” means a Receivable with Invoice Payment Terms greater than 90 days. 

“Facility Account” means that certain account of the Seller maintained at The Bank of New York Mellon and as set forth
in that certain letter dated as of the date hereof from the Seller to the Purchaser Agents. 
 “Facility
Termination Date” means the earliest to occur of: (a) the Scheduled Facility Termination Date, (b) the date determined pursuant to Section 9.2, (c) the Termination Date and (d) the
date the Maximum Purchase Limit reduces to zero pursuant to Section 1.1(b) of this Agreement. 

“FATCA” means Sections 1471 through 1474 of the Internal Revenue Code, as of the date of this Agreement (or any
amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471(b)(1)
of the Internal Revenue Code. 
 “Federal Bankruptcy Code” means Title 11 of the United States Code entitled
“Bankruptcy,” as amended and any successor statute thereto. 
 “Federal Funds Effective Rate” means, for
any period for any Purchaser, a fluctuating interest rate per annum for each day during such period equal to (i) the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System
arranged by federal funds brokers, as published for such day (or, if such day is not a Business Day, for the preceding Business Day) by the Federal Reserve Bank of New York in the Composite Closing Quotations for U.S. Government Securities; or
(ii) if such rate is not so published for any day which is a Business Day, the average of the quotations at approximately 11:30 a.m. (New York time) for such day on such transactions received by the related Purchaser Agent from three federal
funds brokers of recognized standing selected by it. 

  
 I-16 

 “Federal Reserve Bank” means any bank in the Federal Reserve System
of the United States of America. 
 “Federal Reserve Board” means the Board of Governors of the Federal Reserve
System of the United States of America. 
 “Fee Letter” means each fee letter with respect to this Agreement among
Seller, Schein and the applicable Purchaser Agent, as it may be amended, restated or otherwise modified and in effect from time to time. 

“Fifth Amendment Date” means May 13, 2019. 

“Final Payout Date” means the date on which all Aggregate Unpaids have been paid in full and the Maximum Purchase
Limit has been reduced to zero. 
 “Finance Charges” means, with respect to a Contract, any finance, interest, late
payment charges or similar charges owing by an Obligor pursuant to such Contract. 
 “Fiscal Year” shall mean, for
accounting purposes of each of the Seller and the Servicer, the following dates: (i) for Fiscal Year 2013, December 30, 2012 until December 28, 2013, (ii) for Fiscal Year 2014, December 29, 2013 until December 27, 2014,
(iii) for Fiscal Year 2015, December 28, 2014 until December 26, 2015 and (iv) for Fiscal Year 2016, December 27, 2015 until December 31, 2016. 

“Floor”: the benchmark rate floor, if any, provided in this Agreement initially (as of the execution of this
Agreement, the modification, amendment or renewal of this Agreement or otherwise) with respect to the LIBO Rate, as applicable. 

“Funding Agreement” means (i) this Agreement, (ii) each Liquidity Agreement and (iii) any other
agreement or instrument executed by any Funding Source with or for the benefit of any Conduit Purchaser. 
 “Funding
Source” means (i) the Agent, any Purchaser Agent or any Liquidity Provider or (ii) any insurance company, bank or other funding entity providing liquidity, credit enhancement or back-up
purchase support or facilities to any Conduit Purchaser. 
 “GAAP” means generally accepted accounting principles in
effect in the United States of America as of the date of this Agreement. 
 “Government Receivables” shall mean, at
the time, any Receivables for which the related Obligor is the United States of America, any State or local government or any Federal or state agency or instrumentality or political subdivision thereof. 

“Group A Obligor” means an Obligor (or its parent or majority owner, as applicable, if such parent or majority owner
is a guarantor on the related Contract) with a short-term rating of at least: (a) “A-1” by Standard & Poor’s or, if such Obligor does not have a short-term rating from
Standard & Poor’s, a rating of “A+” or better by Standard & Poor’s on such Obligor’s (or, if applicable, its parent’s or its majority owner’s) long-term senior unsecured and uncredit-enhanced debt
securities, and (b) “P-1” by Moody’, or, if such Obligor does not have a short-

  
 I-17 

 
term rating from Moody’s, a rating of “Al” or better by Moody’s on such Obligor’s (or, if applicable, its parent’s or its majority owner’s) long-term senior
unsecured and uncredit-enhanced debt securities; provided, that if an Obligor (or its parent or majority owner, as applicable, if such parent or majority owner is a guarantor on the related Contract) receives a split rating from Standard &
Poor’s and Moody’s, then such Obligor (or its parent or majority owner, as applicable) shall be deemed to have the lower of the two ratings; provided, further, that if an Obligor (or its parent or majority owner, as applicable, if such
parent or majority owner is a guarantor on the related Contract) is rated by either Standard & Poor’s or Moody’s, but not both, and satisfies either clause (a) or clause (b) above, then such Obligor (or its parent or
majority owner, as applicable) shall be deemed to be a Group B Obligor. Notwithstanding the foregoing, any Obligor that is a Subsidiary or an Affiliate of an Obligor that satisfies the definition of “Group A Obligor” shall be deemed to be
a Group A Obligor and shall be aggregated with the Obligor that satisfies such definition for the purposes of clause (i) of the definition of “Excess Concentration” for such Obligors, unless such deemed Obligor separately satisfies
the definition of “Group A Obligor”, “Group B Obligor”, or “Group C Obligor”, in which case such Obligor shall be separately treated as a Group A Obligor, a Group B Obligor or a Group C Obligor, as the case may be, and
shall be aggregated and combined for such purposes with any of its Subsidiaries that are Obligors. 
 “Group B
Obligor” means an Obligor (or its parent or majority owner, as applicable, if such parent or majority owner is a guarantor on the related Contract) that is not a Group A Obligor and that has a short-term rating of at least: (a) “A-2” by Standard & Poor’s or, if such Obligor does not have a short-term rating from Standard & Poor’s, a rating of “BBB+” or better by Standard &
Poor’s on such Obligor’s (or, if applicable, its parent’s or its majority owner’s) long-term senior unsecured and uncredit-enhanced debt securities, and (b) “P-2” by Moody’s
or, if such Obligor does not have a short-term rating from Moody’s, a rating of “Baal” or better by Moody’s on such Obligor’s (or, if applicable, its parent’s or its majority owner’s) long-term senior unsecured and
uncredit-enhanced debt securities; provided, that if an Obligor (or its parent or majority owner, as applicable, if such parent or majority owner is a guarantor on the related Contract) receives a split rating from Standard & Poor’s
and Moody’s, then such Obligor (or its parent or majority owner, as applicable) shall be deemed to have the lower of the two ratings; provided, further, that if an Obligor (or its parent or majority owner, as applicable, if such parent or
majority owner is a guarantor on the related Contract) is rated by either Standard & Poor’s or Moody’s, but not both, and satisfies either clause (a) or clause (b) above, then such Obligor (or its parent or majority
owner, as applicable) shall be deemed to be a Group C Obligor. Notwithstanding the foregoing, any Obligor that is a Subsidiary or Affiliate of an Obligor that satisfies the definition of “Group B Obligor” shall be deemed to be a Group B
Obligor and shall be aggregated with the Obligor that satisfies such definition for the purposes of clause (i) of the definition of “Excess Concentration” for such Obligors, unless such deemed Obligor separately satisfies the
definition of “Group A Obligor”, “Group B Obligor”, or “Group C Obligor”, in which case such Obligor shall be separately treated as a Group A Obligor, a Group B Obligor or a Group C Obligor, as the case may be, and
shall be aggregated and combined for such purposes with any of its Subsidiaries that are Obligors. 
 “Group C
Obligor” means an Obligor (or its parent or majority owner, as applicable, if such parent or majority owner is a guarantor on the related Contract) that is not a Group A Obligor or a Group B Obligor and that has a short-term rating of
at least: (a) “A-3” by Standard & Poor’s or, if such Obligor does not have a short-term rating from Standard & Poor’s, a rating

  
 I-18 

 
of “BBB-” or better by Standard & Poor’s on such Obligor’s (or, if applicable, its parent’s or its majority owner’s)
long-term senior unsecured and uncredit-enhanced debt securities, and (b) “P-3” by Moody’s or, if such Obligor does not have a short-term rating from Moody’s, a rating of “Baa3”
or better by Moody’s on such Obligor’s (or, if applicable, its parent’s or its majority owner’s) long-term senior unsecured and uncredit-enhanced debt securities; provided, that if an Obligor (or its parent or majority owner, as
applicable, if such parent or majority owner is a guarantor on the related Contract) receives a split rating from Standard & Poor’s and Moody’s, then such Obligor (or its parent or majority owner, as applicable) shall be deemed to
have the lower of the two ratings; provided, further, that if an Obligor (or its parent or majority owner, as applicable, if such parent or majority owner is a guarantor on the related Contract) is rated by either Standard & Poor’s or
Moody’s, but not both, and satisfies either clause (a) or clause (b) above, then such Obligor (or its parent or majority owner, as applicable) shall be deemed to be a Group D Obligor. Notwithstanding the foregoing, any Obligor that is
a Subsidiary or Affiliate of an Obligor that satisfies the definition of “Group C Obligor” shall be deemed to be a Group C Obligor and shall be aggregated with the Obligor that satisfies such definition for the purposes of clause
(i) of the definition of “Excess Concentration” for such Obligors, unless such deemed Obligor separately satisfies the definition of “Group A Obligor”, “Group B Obligor”, or “Group C Obligor”, in which
case such Obligor shall be separately treated as a Group A Obligor, a Group B Obligor or a Group C Obligor, as the case may be, and shall be aggregated and combined for such purposes with any of its Subsidiaries that are Obligors. 

“Group Commitment” means, with respect to any Purchaser Group, the aggregate of the Commitments of each Purchaser
within such Purchaser Group. 
 “Group D Obligor” means any Obligor that is not a Group A Obligor, Group B Obligor
or Group C Obligor, Any Obligor (or its parent or majority owner, as applicable, if such Obligor is unrated) that is rated by neither Moody’s nor Standard & Poor’s shall be a Group D Obligor. 

“Group Invested Amount” means, with respect to any Purchaser Group, an amount equal to the aggregate Invested Amount
of all the Purchasers within such Purchaser Group. 
 “Guarantee” shall mean, as applied to any Indebtedness,
(i) a guarantee (other than by endorsement for collection in the ordinary course of business), direct or indirect, in any manner, of any part or all of such Indebtedness or (ii) an agreement, direct or indirect, contingent or otherwise,
providing assurance of the payment or performance (or payment of damages in the event of non-performance) of any part or all of such Indebtedness, including, without limiting the foregoing, the payment of
amounts drawn down by letters of credit. The amount of any Guarantee shall be deemed to be the maximum amount of the Indebtedness guaranteed for which the guarantor could be held liable under such Guarantee. 

“Incremental Purchase” means a purchase of one or more Receivable Interests which increases the total outstanding
Aggregate Invested Amount hereunder. 
 “Indebtedness” of any Person shall mean, without duplication, (i) all
obligations of such Person for borrowed money, (ii) all obligations of such Person evidenced by bonds, debentures, notes or similar instruments, or upon which interest payments are customarily made, (iii) all obligations of such Person
under conditional sale or other title retention agreements relating to property purchased by such Person (other than customary reservations or retentions of title under 

  
 I-19 

 
agreements with suppliers entered into in the ordinary course of business), (iv) all obligations of such Person issued or assumed as the deferred purchase price of property or services purchased
by such Person (other than trade debt incurred in the ordinary course of business and due within twelve months of the incurrence thereof) which would appear as liabilities on a balance sheet of such Person, (v) all obligations of such Person
under take-or-pay or similar arrangements or under commodities agreements, (vi) all Indebtedness of others secured by (or for which the holder of such Indebtedness
has an existing right, contingent or otherwise, to be secured by) any Lien on, or payable out of the proceeds of production from, property owned or acquired by such Person, whether or not the obligations secured thereby have been assumed,
provided that for purposes hereof the amount of such Indebtedness shall be limited to the greater of (A) the amount of such Indebtedness as to which there is recourse to such Person and (B) the fair market value of the
property which is subject to the Lien, (vii) all Guarantees of such Person, (viii) the principal portion of all obligations of such Person under Capitalized Leases, (ix) all obligations of such Person in respect of interest rate
protection agreements, foreign currency exchange agreements, commodity purchase or option agreements or other interest or exchange rate or commodity price hedging agreements, (x) the maximum amount of all standby letters of credit issued or
bankers’ acceptances facilities created for the account of such Person and, without duplication, all drafts drawn thereunder (to the extent unreimbursed), (xi) all preferred stock issued by such Person and required by the terms thereof to be
redeemed, or for which mandatory sinking fund payments are due by a fixed date, (xii) the principal balance outstanding under any securitization transaction and (xiii) the principal balance outstanding under any synthetic lease, tax
retention operating lease, off-balance sheet loan or similar off-balance sheet financing product to which such Person is a party, where such transaction is considered
borrowed money indebtedness for tax purposes but is classified as an operating lease in accordance with GAAP. The Indebtedness of any Person shall include the Indebtedness of any partnership or joint venture in which such Person is a general partner
or a joint venturer, but only to the extent to which there is recourse to such Person for payment of such Indebtedness. 

“Indemnified Amounts” has the meaning specified in Section 10.1. 

“Indemnified Party” has the meaning specified in Section 10.1. 

“Independent Director” means an individual who (A)(i) shall not have been at the time of such individual’s
appointment as a director, (ii) may not have been at any time during the preceding five (5) years and (iii) shall not be while serving as Independent Director for the Seller (a) a shareholder of, or an officer, director (other
than an Independent Director), member, partner, attorney, counsel or employee of, the Seller or any Affiliate thereof, (b) a customer, creditor or contractor of, or supplier to the Seller, or any of its Affiliates, (c) a Person
controlling, controlled by or under common control with, any such shareholder, officer, director, member, partner, attorney, counsel, employee, customer or supplier, or (d) a member of the immediate family of any such shareholder, officer,
director, member, partner, employee, customer or supplier and (B) shall have (i) prior experience as an independent director, independent manager or independent member and who is provided by CT Corporation, Corporation Service Company,
National Registered Agents, Inc., Wilmington Trust Company, Stewart Management Company, Lord Securities Corporation or, if none of those companies is then providing professional independent directors, another nationally-recognized company reasonably
approved by the Agent, in each case that is not an Affiliate of the Seller and that provides professional independent directors and other corporate services in the ordinary course of its business and (ii) at least three (3) years of employment
experience with one or more entities that provide, in the ordinary course of their respective businesses, advisory, management or placement services to issuers of securitization or structured finance instruments, agreements or securities. 

  
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 “Interest Period” means with respect to any Receivable Interest
funded through a Bank Funding: 
 (a)    the period commencing on the date of the initial funding of such
Receivable Interest through a Bank Funding and including on, but excluding, the Business Day immediately preceding the next following Settlement Date; and 

(b)    thereafter, each period commencing on, and including, the Business Day immediately preceding a
Settlement Date and ending on, but excluding, the Business Day immediately preceding the next following Settlement Date. 

“Internal Revenue Code” shall mean the Internal Revenue Code of 1986, as amended from time to time and any successor
thereto, and the regulations promulgated and rulings issued thereunder. 
 “Invested Amount” of any Receivable
Interest means, at any time, (A) the Purchase Price of such Receivable Interest paid by the Purchasers, minus (B) the sum of the aggregate amount of Collections and other payments received by the applicable Purchaser Agent which, in each
case, are applied to reduce such Invested Amount in accordance with the terms and conditions of this Agreement; provided that such Invested Amount shall be restored (in accordance with Section 2.4) in the
amount of any Collections or other payments so received and applied if at any time the distribution of such Collections or payments are rescinded, returned or refunded for any reason. 

“Invoice Payment Terms” means, with respect to any Receivable, the number of days following the date of the related
original invoice by which such Receivable is required to be paid in full, as set forth in such original invoice. 
 “ISDA
Definitions” means the 2006 ISDA Definitions published by the International Swaps and Derivatives Association, Inc. or any successor thereto, as amended or supplemented from time to time, or any successor definitional booklet for
interest rate derivatives published from time to time by the International Swaps and Derivatives Association, Inc. or such successor thereto. 

“Law” shall mean any law (including common law), constitution, statute, treaty, regulation, rule, ordinance, order,
injunction, writ, decree or award of any Official Body. 
 “LIBO Rate” means for any Interest Period either
(a) the interest rate per annum designated as MUFG’s LIBO Rate for a period of time comparable to such Interest Period that appears on the Reuters Screen LIBO Page as of 11:00 a.m. (London, England time) on the second
Business Day preceding the first day of such Interest Period or (b) if a rate cannot be determined under clause (a), an annual rate equal to the average (rounded upwards if necessary to the nearest 1/100th of 1%) of the rates per
annum at which deposits in U.S. Dollars with a duration comparable to such Interest Period in a principal amount substantially equal to the applicable Rate Tranche are offered to the principal London office of MUFG by three London

  
 I-21 

 
banks, selected by Agent in good faith, at approximately 11:00 a.m. London time on the second Business Day preceding the first day of such Interest Period. If the calculation of the LIBO Rate
results in a LIBO Rate of less than zero (0), the LIBO Rate shall be deemed to be zero (0) for all purposes of this Agreement and the Transaction Documents. 

“Lien” means, in respect of the property of any Person, any ownership interest of any other Person, any mortgage, deed
of trust, hypothecation, pledge, lien, security interest, filing of any financing statement, charge or other encumbrance or security arrangement of any nature whatsoever, including, without limitation, any conditional sale or title
retention arrangement, and any assignment, deposit arrangement, consignment or lease intended as, or having the effect of, security. 

“Liquidity Agent” means each of the banks acting as agent for the various Liquidity Providers under each Liquidity
Agreement. 
 “Liquidity Agreement” means any agreement entered into in connection with this Agreement pursuant to
which a Liquidity Provider agrees to make purchases or advances to, or purchase assets from, any Conduit Purchaser in order to provide liquidity for such Conduit Purchaser’s Purchases. 

“Liquidity Provider” means each bank or other financial institution that provides liquidity support to any Conduit
Purchaser pursuant to the terms of a Liquidity Agreement. 
 “Location” shall mean, with respect to the Seller, any
Originator or the Servicer, the place where the Seller, such Originator or the Servicer, as the case may be, is “located” (within the meaning of Section 9-307, or any analogous provision, of the
UCC, in effect in the jurisdiction whose Law governs the perfection of the Agent’s (for the benefit of the Secured Parties) interests in any Purchased Assets). 

“Lock-Box” means each locked postal box with respect to which a bank who has
executed a Collection Account Agreement has been granted exclusive access for the purpose of retrieving and processing payments made on the Receivables and which is listed on Exhibit I to the Account Disclosure Letter. 

“Loss Horizon Ratio” means, as of any Cut-Off Date, the ratio (expressed as a
decimal) computed by dividing (i) the aggregate Outstanding Balance of Receivables generated by the Originators during the preceding four Calculation Periods prior to the Calculation Period ending on such
Cut-Off Date by (ii) the amount equal to the Non-Defaulted Receivables Balance as of the last day of the most recently ended Calculation Period. 

“Loss Reserve Floor” means 10%. 

“Maximum Purchase Limit” means $450,000,000, as such amount may be reduced pursuant to
Section 1.1(b) or increased pursuant to Section 1.1(c). 
 “Maximum Purchase
Limit Decrease Notice” has the meaning set forth in Section 1.1(b). 

“Moody’s” means Moody’s Investors Service, Inc. 

  
 I-22 

 “MUFG” means MUFG Bank, Ltd. (f/k/a The Bank of Tokyo-Mitsubishi
UFJ, Ltd.), in its individual capacity and its successors. 
 “Multiemployer Plan” means a “multiemployer
plan”, within the meaning of Section 4001(a)(3) of ERISA, to which Schein or any ERISA Affiliate makes, is making, or is obligated to make contributions or, during the preceding three calendar years, has made, or been obligated to make,
contributions. 
 “Net Pool Balance” means, at any time, the aggregate Outstanding Balance of all Eligible
Receivables at such time reduced by the Excess Concentration. 
 “Non-Defaulted
Receivables Balance” means an aggregate balance, for a given Calculation Period, of all Receivables as to which no payment, or part thereof, remains unpaid for more than ninety (90) days from the original due date for such payment
(determined without regard to any extension of the date due pursuant to Section 8.2(d)). 
 “Obligor” shall
mean, for any Receivable, each and every Person who purchased goods or services on credit under a Contract and who is obligated to make payments to an Originator or the Seller as assignee thereof pursuant to such Contract. 

“Obligor Percentage” means, at any time, for each Obligor, a fraction, expressed as a percentage, (a) the
numerator of which is the aggregate Outstanding Balance of the Eligible Receivables of such Obligor at such time less the amount (if any) then included in the calculation of the Excess Concentration pursuant to clause (a) of the definition
thereof with respect to such Obligor, and (b) the denominator of which is the aggregate Outstanding Balance of all Eligible Receivables at such time. 

“OFAC” has the meaning set forth in the definition of Sanctioned Person. 

“Official Body” shall mean any government or political subdivision or any agency, authority, bureau, central bank,
commission, department or instrumentality of either, or any court, tribunal, grand jury or arbitrator, in each case whether foreign or domestic. 

“Originator” means each of Schein and each other Person, if any, party to the Receivables Sale Agreement from time to
time as a seller. 
 “Other Benchmark Rate Election”: with respect to any Invested Amount denominated in U.S.
Dollars, if the then-current Benchmark is the LIBO Rate, the occurrence of: 
 (a) a request by the Seller to the Agent to notify each of the
other parties hereto that, at the determination of the Seller, Dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed), in lieu of a LIBOR-based rate, a term benchmark rate as a
benchmark rate, and 
 (b) the Agent, in its sole discretion, and the Seller jointly elect to trigger a fallback from the LIBO Rate and the
provision, as applicable, by the Agent of written notice of such election to the Seller, the Purchasers and Purchaser Agents. 

“Outstanding Balance” of any Receivable at any time means the then outstanding principal balance thereof. 

  
 I-23 

 “Participant” has the meaning set forth in
Section 12.1(b). 
 “Patriot Act” has the meaning set forth in
Section 13.14. 
 “PBGC” means the Pension Benefit Guaranty Corporation, or any successor
thereto. 
 “Pension Plan” means a pension plan (as defined in Section 3(2) of ERISA) (other than a
Multiemployer Plan) subject to Title IV of ERISA which Schein or any ERISA Affiliate sponsors or maintains, or to which Schein or any of its ERISA Affiliates makes, is making, or is obligated to make contributions, including a multiple employer plan
(as described in Section 4064(a) of ERISA), or with respect to which Schein or any of its ERISA Affiliates has any liability, contingent or otherwise. 

“Performance Guarantor” means Henry Schein, Inc. 

“Performance Undertaking” means that certain Performance Undertaking, dated as of April 17, 2013 by Performance
Guarantor in favor of Seller, substantially in the form of Exhibit IX, as the same may be further amended, restated or otherwise modified from time to time. 

“Person” means an individual, partnership, corporation (including a business trust), limited liability company, joint
stock company, trust, unincorporated association, joint venture or other entity, or a government or any political subdivision or agency thereof. 

“Portfolio Turnover” means, as of any Cut-Off Date, an amount equal to the
product of (i) (A) the aggregate Outstanding Balance of all Receivables as of such Cut-Off Date divided by (B) the aggregate Outstanding Balance of Receivables generated by the Originators during the
Calculation Period including such Cut-Off Date, multiplied by (ii) 30. 
 “Prime
Rate” means, for any day for any Purchaser, a rate per annum equal to the prime rate of interest announced from time to time by the related Purchaser Agent (which is not necessarily the lowest rate charged to any customer), changing
when and as said prime rate changes. 
 “Proposed Reduction Date” has the meaning set forth in
Section 1.3. 
 “Purchase” means an Incremental Purchase or a Reinvestment. 

“Purchase Date” means each Business Day on which a Purchase is made hereunder. 

“Purchase Notice” has the meaning set forth in Section 1.2. 

“Purchase Price” means, with respect to any Incremental Purchase of a Receivable Interest, the amount paid to Seller
for such Receivable Interest which shall not exceed the least of (i) the amount requested by Seller in the applicable Purchase Notice, (ii) the unused portion of the Maximum Purchase Limit on the applicable Purchase Date and (iii) the
excess, if any, of the Net Pool Balance less the Required Reserve on the applicable Purchase Date over the aggregate outstanding amount of Aggregate Invested Amount determined as of the date of the most recent Settlement Report, without taking into
account such proposed Incremental Purchase. 

  
 I-24 

 “Purchased Assets” means all of Seller’s right, title and
interest, whether now owned and existing or hereafter arising in and to all of the Receivables, the Related Security, the Collections and all proceeds of the foregoing. 

“Purchaser” means each Uncommitted Purchaser and/or each Related Committed Purchaser, as applicable. 

“Purchaser Agent” means each Person acting as agent on behalf of a Purchaser Group and designated as a Purchaser Agent
for such Purchaser Group on the signature pages to the Agreement or any other Person who becomes a party to this Agreement as a Purchaser Agent pursuant to an Assumption Agreement or a Transfer Supplement. 

“Purchaser Group” means, for each Purchaser Agent, the Uncommitted Purchaser (if any) and Related Committed Purchasers
(if any) (and, to the extent applicable, its related Funding Sources and Indemnified Parties) identified as a “Purchaser Group” for purposes of this Agreement. 

“Purchasers’ Portion” means, on any date of determination, the sum of the percentages represented by the
Receivable Interests of the Purchasers. 
 “Purchasing Related Committed Purchaser” has the meaning set forth in
Section 12.1(c). 
 “Ratable Share” means, for each Purchaser Group, such Purchaser
Group’s Group Commitments divided by the aggregate Group Commitments of all Purchaser Groups. 
 “Rebilled
Receivables” means any Receivable that arises from the crediting and re-billing of an existing Receivable. 

“Receivable” means all indebtedness and other obligations owed to Seller or any Originator (at the time it arises, and
before giving effect to any transfer or conveyance under the Receivables Sale Agreement) or in which Seller or an Originator has a security interest or other interest, including, without limitation, any indebtedness, obligation or interest
constituting an account, chattel paper, instrument or general intangible, arising in connection with the sale of goods or the rendering of services by an Originator, and further includes, without limitation, the obligation to pay any Finance Charges
(if any) with respect thereto. Indebtedness and other rights and obligations arising from any one transaction, including, without limitation, indebtedness and other rights and obligations represented by an individual invoice, shall constitute a
Receivable separate from a Receivable consisting of the indebtedness and other rights and obligations arising from any other transaction; provided that any indebtedness, rights or obligations referred to in the immediately preceding
sentence shall be a Receivable regardless of whether the account debtor or Seller treats such indebtedness, rights or obligations as a separate payment obligation. 

“Receivable Interest” means, at any time, an undivided percentage ownership interest (computed as set forth below)
associated with a designated amount of Invested Amount, selected pursuant to the terms and conditions hereof in (i) each Receivable arising prior to the time of the most recent computation or recomputation of such undivided interest,
(ii) all Related Security 

  
 I-25 

 
with respect to each such Receivable, and (iii) all Collections with respect to, and other proceeds of, each such Receivable. Each such undivided percentage interest shall equal: 

 
 

 
 where: 
  

					
		 	IA	  	= the Invested Amount of such Receivable Interest.
		 	AIA	  	= the Aggregate Invested Amount.
		 	NPB	  	= the Net Pool Balance.
		 	RR	  	= the Required Reserve.

 Such undivided percentage ownership interest shall be initially computed on its date of purchase. Thereafter, until the
Facility Termination Date, each Receivable Interest shall be automatically recomputed (or deemed to be recomputed) on each day prior to the Facility Termination Date. The variable percentage represented by any Receivable Interest as computed (or
deemed recomputed) as of the close of the Business Day immediately preceding the Facility Termination Date shall remain constant at all times thereafter. 

“Receivables Purchase Agreement” means this Agreement. 

“Receivables Sale Agreement” means that certain Receivables Sale Agreement, dated as of the date hereof, among each
Originator and the Seller, as the same may be amended, supplemented, restated or otherwise modified from time to time in accordance with its terms. 

“Recipient” has the meaning set forth in Section 1.6. 

“Records” means, with respect to any Receivable, all Contracts and other documents, books, records and other
information (including, without limitation, computer programs, tapes, disks, punch cards, data processing software and related property and rights) relating to such Receivable, any Related Security therefor and the related Obligor. 

“Recourse Obligations” has the meaning set forth in Section 2.1. 

“Reduction Notice” has the meaning set forth in Section 1.3. 

“Reference Time” means, with respect to any setting of the then-current Benchmark means (1) if such Benchmark is
the LIBO Rate, 11:00 a.m. (London time) on the day that is two London banking days preceding the date of such setting or (2) if such Benchmark is not the LIBO Rate, the time determined by the Agent in its reasonable discretion. 

  
 I-26 

 “Regulatory Change” means, after the date of this Agreement
(i) adoption of any United States (federal, state or municipal) or foreign laws, regulations (including any applicable law, rule or regulation regarding capital adequacy) or accounting principles, (ii) the adoption or making of any
interpretations, guidance, directives or requests of or under any United States (federal, state or municipal) or foreign laws, regulations (whether or not having the force of law) or accounting principles by any court, governmental or monetary
authority, or accounting board or authority (whether or not part of government) charged with the establishment, interpretation or administration thereof or (iii) the compliance, implementation or application by any Funding Source, Indemnified
Party or Purchaser of any of the foregoing clauses (i) or (ii). For the avoidance of doubt and notwithstanding anything to the contrary contained herein, any interpretation of, or compliance, implementation or application by,
whether commenced prior to or after the date hereof, any Funding Source, Indemnified Party or Purchaser with any of the following existing laws, including any rules, regulations, guidance, directives or requests issued in connection therewith
(whether or not having the force of law), shall constitute a Regulatory Change: (a) FAS 140 or FIN 46R by the Financial Accounting Standards Board, Statements of Financial Accounting Standards Nos. 166 and 167; (b) the final rule titled
Risk-Based Capital Guidelines: Capital Adequacy Guidelines; Capital Maintenance; Regulatory Capital; Impact of Modifications to Generally Accepted Accounting Principles; Consolidation of Asset-Backed Commercial Paper Programs; and Other Related
Issues, adopted by the United States bank regulatory agencies on December 15, 2009, (c) the Dodd-Frank Wall Street Reform and Consumer Protection Act adopted by Congress on July 21, 2010 and (d) the revised Basel Accord prepared by
the Basel Committee on Banking Supervision as set out in the publication entitled “International Convergence of Capital Measurements and Capital Standards: a Revised Framework,” as updated from time to time (including, without limitation,
the Basel II and Basel III). 
 “Reinvestment” has the meaning set forth in Section 2.2.

 “Related Committed Purchaser” means each Person listed as a “Committed Purchaser” or
“Related Committed Purchaser” for a specified Uncommitted Purchaser, as set forth on the signature pages of the Agreement or in any Assumption Agreement or Transfer Supplement (and specifying its respective commitment). 

“Related Security” means, with respect to any Receivable: 

(i) all security or other interests in the inventory and goods (including returned or repossessed inventory or goods), if any,
the sale of which by an Originator gave rise to such Receivable, and all insurance contracts with respect thereto, 
 (ii)
all other security interests or liens and property subject thereto from time to time, if any, purporting to secure payment of such Receivable, whether pursuant to the Contract related to such Receivable or otherwise, together with all financing
statements and security agreements describing any collateral securing such Receivable, 
 (iii) all guaranties, letters of
credit, insurance and other agreements or arrangements of whatever character from time to time supporting or securing payment of such Receivable whether pursuant to the Contract related to such Receivable or otherwise, 

(iv) all service contracts and other contracts and agreements associated with such Receivable, 

  
 I-27 

 (v) all Records related to such Receivable, 

(vi) all of Seller’s right, title and interest in, to and under the Receivables Sale Agreement in respect of such
Receivable and all of Seller’s right, title and interest in, to and under the Performance Undertaking with respect thereto, and 

(vii) all proceeds of any of the foregoing. 

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

“Reportable Event” means any of the events set forth in Section 4043(c) of ERISA or the regulations thereunder,
other than any such event for which the 30-day notice requirement under ERISA has been waived in regulations issued by the PBGC.  

“Required Purchaser Agents” means, at any time, Purchaser Agents representing Purchasers whose Commitments aggregate
more than 50% of the aggregate of the Commitments of all Purchasers; provided that, at any time there are two Purchaser Agents, “Required Purchaser Agents” shall mean each Purchaser Agent. 

“Required Reserve” means, on any day during a Calculation Period, (i) the greater of (a) the sum of the Loss
Reserve Floor, the Dilution Reserve Floor Percentage, the Yield Reserve Percentage, and Servicing Reserve Percentage and (b) the sum of the Dynamic Loss Reserve Percentage, the Dynamic Dilution Reserve Percentage, the Yield Reserve Percentage,
and the Servicing Reserve Percentage, multiplied by (ii) the Net Pool Balance as of such date. 
 “Responsible
Officer” shall mean, with respect to the Seller, the Servicer, any Originator or the Performance Guarantor, the chief executive officer, chief financial officer, president, corporate controller, principal financial officer or treasurer
of such Person, or any other Person agreed to by the Agent. 
 “Restricted Junior Payment” means (i) any
dividend or other distribution, direct or indirect, on account of any shares of any class of capital stock of Seller now or hereafter outstanding, except a dividend payable solely in shares of that class of stock or in any junior class of stock of
Seller, (ii) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of any shares of any class of capital stock of Seller now or hereafter outstanding, (iii) any payment or
prepayment of principal of, premium, if any, or interest, fees or other charges on or with respect to, and any redemption, purchase, retirement, defeasance, sinking fund or similar payment and any claim for rescission with respect to the
Subordinated Loans (as defined in the Receivables Sale Agreement), (iv) any payment made to redeem, purchase, repurchase or retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of
capital stock of Seller now or hereafter outstanding, and (v) any payment of management fees by Seller (except for reasonable management fees to any Originator or its Affiliates in reimbursement of actual management services performed). 

“S&P” means Standard and Poor’s Ratings Services, a division of The McGraw Hill Companies, Inc. 

  
 I-28 

 “Sanctioned Country” means, at any time, a country or
territory which is the subject or target of any Sanctions, including on the Fifth Amendment Date, Cuba, Crimea (Ukraine), Iran, North Korea and Syria. 

“Sanctioned Person” means, at any time, (a) any Person currently the subject or the target of any
Sanctions, including any Person listed in any Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) (or any successor thereto) or the
U.S. Department of State, or as otherwise published from time to time; (b) that is fifty-percent or more owned, directly or indirectly, in the aggregate by one or more Persons described in clause (a) above; (c) that is operating, organized
or resident in a Sanctioned Country; (d) with whom engaging in trade, business or other activities is otherwise prohibited or restricted by Sanctions; or (e) (i) an agency of the government of a Sanctioned Country, (ii) an
organization controlled by a Sanctioned Country, or (iii) a Person resident in a Sanctioned Country, to the extent subject to a sanctions program administered by OFAC. 

“Sanctions” means the laws, rules, regulations and executive orders promulgated or administered to
implement economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time (a) by the United States government, including those administered by OFAC, the US State Department, the US Department of Commerce
or the US Department of the Treasury, (b) by the United Nations Security Council, the European Union or Her Majesty’s Treasury of the United Kingdom or (c) by other relevant sanctions authorities to the extent compliance with the
sanctions imposed by such other authorities would not entail a violation of applicable law. 
 “Scheduled Facility Termination
Date” means October 18, 2024; provided that the Seller may, with the prior written consent of the Agent and each Purchaser, extend the then existing Scheduled Facility Termination Date for a term of one year by providing written
notice to the Agent 60 days prior to the then existing Scheduled Facility Termination Date of its request to extend the then existing Scheduled Facility Termination Date for one year. For the avoidance of doubt, electronic mail constitutes written
notice for the purposes of this definition. 
 “Schein” has the meaning set forth in the preamble to this
Agreement. 
 “Secured Parties” means the Indemnified Parties. 

“Seller” has the meaning set forth in the preamble to this Agreement. 

“Seller Parties” has the meaning set forth in the preamble to this Agreement. 

“Servicer” means, at any time, the Person (which may be the Agent) then authorized pursuant to Article VIII to
service, administer and collect the Receivables. 
 “Servicing Fee” means, for each day in a Calculation Period, an
amount equal to (i) the Servicing Fee Rate times (ii) the aggregate Outstanding Balance of all Receivables at the close of business on the Cut-Off Date immediately preceding such
Calculation Period, times (iii) 1/360. 
 “Servicing Fee Rate” means 1.0% per annum. 

  
 I-29 

 “Servicing Reserve Percentage” means, at any time, a percentage
equal to the product of (i) the Servicing Fee Rate divided by 360 and (ii) the highest Portfolio Turnover over the most recent 12-months. 

“Settlement Date” means (i) each Specified Settlement Date, (ii) the 2nd Business Day after each Settlement Reporting Date that is not a Specified Settlement Reporting Date and (iii) the Facility Termination Date. 

“Settlement Report” means a report, in substantially the form of Exhibit VI hereto (appropriately completed),
together with the electronic backup data which is part of the spreadsheet that creates such report, furnished by the Servicer to the Agent and each Purchaser Agent pursuant to Section 8.5. 

“Settlement Reporting Date” means the 21st day immediately
following the most recent Cut-Off Date (or if any such day is not a Business Day, the next succeeding Business Day thereafter), including each Specified Settlement Reporting Date, or such other days of any
month as may be required, or as Agent or any Purchaser Agent may request, in connection with Section 8.5. 

“SOFR” means, with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for
such Business Day published by the SOFR Administrator on the SOFR Administrator’s Website on the immediately succeeding Business Day. 

“SOFR Administrator” means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight
financing rate). 
 “SOFR Administrator’s Website” means the Federal Reserve Bank of New York’s website,
currently at http://www.newyorkfed.org, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. 

“Specified Calculation Period” means each accounting month specified in Part 2 of Exhibit XIV. 

“Specified Cut-Off Date” means the last day of a Specified Calculation Period.

 “Specified Settlement Date” means the 3rd Business Day after
each Specified Settlement Reporting Date.  
 “Specified Settlement Reporting Date” means the 21st day immediately following the most recent Specified Cut-Off Date (or if such day is not a Business Day, the next succeeding Business Day thereafter). 

“Sub-Servicer” has the meaning set forth in
Section 8.1(b). 
 “Subsidiary” of a Person means (i) any corporation
more than 50% of the outstanding securities having ordinary voting power of which shall at the time be owned or controlled, directly or indirectly, by such Person or by one or more of its Subsidiaries or by such Person and one or more of its
Subsidiaries, or (ii) any partnership, association, limited liability company, joint venture or similar business organization more than 50% of the ownership interests having ordinary voting power of which shall at the time be so owned or
controlled. 

  
 I-30 

 “TD Bank” means The Toronto Dominion Bank in its individual capacity
and its successors. 
 “TD Bank Purchaser Group” means the Purchaser Group with GTA Funding LLC, as a Conduit
Purchaser and an Uncommitted Purchaser, TD Bank, as a Related Committed Purchaser and TD Bank, as Purchaser Agent. 
 “Term
SOFR” means, for the applicable Corresponding Tenor as of the applicable Reference Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. 

“Term SOFR Notice” means a notification by the Agent to the Purchasers, Purchaser Agents and the Seller of the
occurrence of a Term SOFR Transition Event. 
 “Term SOFR Transition Event” means the determination by the Agent
that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable (and, for the avoidance of doubt, not in the case of an Other Benchmark Rate Election), has previously occurred resulting in a Benchmark Replacement in accordance with
Section 4.5 that is not Term SOFR. 
 “Termination Date” means the earliest to occur of
(i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller
Party, (iii) the Business Day specified in a written notice from the Agent following the occurrence of any other Termination Event, and (iv) the date which is 60 days after the Agent’s receipt of written notice from Seller that it
wishes to terminate the facility evidenced by this Agreement. 
 “Termination Event” has the meaning specified in
Section 9.1. 
 “Transaction Documents” means, collectively, this Agreement,
each Purchase Notice, the Receivables Sale Agreement, each Collection Account Agreement, the Performance Undertaking, the Fee Letters, each Subordinated Note (as defined in the Receivables Sale Agreement), the Account Disclosure Letter and all other
instruments, documents and agreements executed and delivered in connection herewith by any of the Seller Parties. 
 “Transfer
Supplement” has the meaning set forth in Section 12.1(c). 

“UCC” means the Uniform Commercial Code as from time to time in effect in the specified jurisdiction.

 “Unadjusted Benchmark Replacement” means the Benchmark Replacement excluding the Benchmark
Replacement Adjustment. 
 “Uncommitted Purchaser” means each financial institution or commercial paper conduit that
is a party to the Agreement, or that becomes a party to the Agreement, as an “Uncommitted Purchaser”. 

“Unmatured Termination Event” means an event which, with the passage of time or the giving of notice, or
both, would constitute a Termination Event. 

  
 I-31 

 “Volcker Rule” means Section 13 of the U.S. Bank
Holding Company Act of 1956, as amended, and the applicable rules and regulations thereunder. 

“Yield” means for each Interest Period relating to a Receivable Interest funded through a Bank Funding,
an amount equal to the product of the applicable Yield Rate for such Receivable Interest multiplied by the Invested Amount of such Receivable Interest for each day elapsed during such Interest Period, annualized on a 360 day basis. 

“Yield Rate” means, at any time, with respect to each Receivable Interest funded through a Bank Funding,
the applicable Bank Rate on such day plus the Applicable Spread; provided that, from and after the occurrence of a Termination Event, the Yield Rate shall be the Default Rate. 

“Yield Reserve Percentage” means, at any time, a percentage equal to the product of (i) the Prime Rate as of such
date divided by 360, (ii) 1.5 and (iii) the highest Portfolio Turnover over the most recent 12-months. 

All accounting terms not specifically defined herein shall be construed in accordance with GAAP. All terms used in Article 9 of the UCC
in the State of New York, and not specifically defined herein, are used herein as defined in such Article 9. 

  
 I-32

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