Document:

Credit Agreement

 Exhibit 10.1 

Portions of this exhibit have been omitted and filed separately pursuant to an application for confidential treatment filed with the Securities and
Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. 
 Omissions are designated as [***].

  
  

 
 CREDIT AGREEMENT 

Dated as of August 4, 2010 

among 
 SAVVIS
COMMUNICATIONS CORPORATION, 
 as the Borrower, 

SAVVIS, INC., 
 as
Holdings, 
 BANK OF AMERICA, N.A., 

as Administrative Agent, Swing Line Lender and 

L/C Issuer, 

CREDIT SUISSE SECURITIES (USA) LLC 

and 
 SUNTRUST
ROBINSON HUMPHREY, INC., 
 as Documentation Agents, 

MORGAN STANLEY SENIOR FUNDING, INC., 

as Syndication Agent, 

and 
 The Other
Lenders Party Hereto 
 BANC OF AMERICA SECURITIES LLC 

and 
 MORGAN
STANLEY SENIOR FUNDING, INC., 
 as Joint Lead Arrangers and Joint Book Runners 

and 
 CREDIT
SUISSE SECURITIES (USA) LLC 
 and 

SUNTRUST ROBINSON HUMPHREY, INC., 

as Arrangers and Joint Book Runners 
  

 
  

 TABLE OF CONTENTS 

 

					
	 Section
	  	 	  	Page
	
	ARTICLE I
	DEFINITIONS AND ACCOUNTING TERMS
			
	 1.01.
	  	Defined Terms	  	1
	 1.02.
	  	Other Interpretive Provisions	  	25
	 1.03.
	  	Accounting Terms	  	26
	 1.04.
	  	Rounding	  	26
	 1.05.
	  	Times of Day	  	26
	 1.06.
	  	Letter of Credit Amounts	  	26
	 1.07.
	  	Exchange Rates; Currency Equivalents	  	26
	 1.08.
	  	Additional Alternative Currencies	  	27
	 1.09.
	  	Change of Currency	  	27
	 1.10.
	  	Cumulative Credit Transactions	  	27
	 1.11.
	  	Pro Forma Calculations	  	27
	
	ARTICLE II
	THE COMMITMENTS AND CREDIT EXTENSIONS
			
	 2.01.
	  	The Loans	  	28
	 2.02.
	  	Borrowings, Conversions and Continuations of Loans	  	28
	 2.03.
	  	Letters of Credit	  	30
	 2.04.
	  	Swing Line Loans	  	36
	 2.05.
	  	Prepayments	  	38
	 2.06.
	  	Termination or Reduction of Commitments	  	40
	 2.07.
	  	Repayment of Loans	  	41
	 2.08.
	  	Interest	  	41
	 2.09.
	  	Fees	  	42
	 2.10.
	  	Computation of Interest and Fees	  	42
	 2.11.
	  	Evidence of Debt	  	43
	 2.12.
	  	Payments Generally; Administrative Agent’s Clawback	  	43
	 2.13.
	  	Sharing of Payments by Lenders	  	44
	 2.14.
	  	Cash Collateral	  	45
	 2.15.
	  	Defaulting Lenders	  	46
	
	ARTICLE III
	TAXES, YIELD PROTECTION AND ILLEGALITY
			
	 3.01.
	  	Taxes	  	47
	 3.02.
	  	Illegality	  	50
	 3.03.
	  	Inability to Determine Rates	  	50
	 3.04.
	  	Increased Costs; Reserves on Eurodollar Rate Loans	  	51
	 3.05.
	  	Compensation for Losses	  	52
	 3.06.
	  	Mitigation Obligations; Replacement of Lenders	  	52
	 3.07.
	  	Survival	  	53
	
	ARTICLE IV
	CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
			
	 4.01.
	  	Conditions of Initial Credit Extension	  	53
	 4.02.
	  	Conditions to All Credit Extensions	  	55

  

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	  	  	 	  	Page
	
	ARTICLE V
	REPRESENTATIONS AND WARRANTIES
			
	 5.01.
	  	Existence, Qualification and Power	  	56
	 5.02.
	  	Authorization; No Contravention	  	56
	 5.03.
	  	Governmental Authorization; Other Consents	  	56
	 5.04.
	  	Binding Effect	  	56
	 5.05.
	  	Financial Statements; No Material Adverse Effect	  	56
	 5.06.
	  	Litigation	  	57
	 5.07.
	  	No Default	  	57
	 5.08.
	  	Ownership of Property; Liens	  	57
	 5.09.
	  	Environmental Compliance	  	57
	 5.10.
	  	Insurance	  	57
	 5.11.
	  	Taxes	  	57
	 5.12.
	  	ERISA Compliance	  	58
	 5.13.
	  	Subsidiaries; Equity Interests; Loan Parties	  	59
	 5.14.
	  	Margin Regulations; Investment Company Act	  	59
	 5.15.
	  	Disclosure	  	59
	 5.16.
	  	Compliance with Laws	  	59
	 5.17.
	  	Intellectual Property/Proprietary Rights, Etc.	  	59
	 5.18.
	  	Solvency	  	61
	 5.19.
	  	Casualty, Etc.	  	61
	 5.20.
	  	Labor Matters	  	61
	 5.21.
	  	Collateral Documents	  	61
	 5.22.
	  	Anti-Terrorism Laws	  	61
	
	ARTICLE VI
	AFFIRMATIVE COVENANTS
			
	 6.01.
	  	Financial Statements	  	62
	 6.02.
	  	Certificates; Other Information	  	62
	 6.03.
	  	Notices	  	64
	 6.04.
	  	Payment of Obligations	  	65
	 6.05.
	  	Preservation of Existence, Etc.	  	65
	 6.06.
	  	Maintenance of Properties	  	65
	 6.07.
	  	Maintenance of Insurance	  	65
	 6.08.
	  	Compliance with Laws	  	65
	 6.09.
	  	Books and Records	  	66
	 6.10.
	  	Inspection Rights	  	66
	 6.11.
	  	Use of Proceeds	  	66
	 6.12.
	  	Covenant to Guarantee Obligations and Give Security	  	66
	 6.13.
	  	Compliance with Environmental Laws	  	67
	 6.14.
	  	Maintenance of Ratings	  	67
	 6.15.
	  	Further Assurances	  	68
	 6.16.
	  	Compliance with Terms of Leaseholds	  	68
	 6.17.
	  	Interest Rate Hedging	  	68
	 6.18.
	  	Information Regarding Collateral and Loan Documents	  	68
	 6.19.
	  	Post Closing Covenants	  	69
	
	ARTICLE VII
	NEGATIVE COVENANTS
			
	 7.01.
	  	Liens	  	69
	 7.02.
	  	Indebtedness	  	70
	 7.03.
	  	Investments	  	71

  

 -ii- 

					
	  	  	 	  	Page
	 7.04.
	  	Fundamental Changes	  	73
	 7.05.
	  	Dispositions	  	74
	 7.06.
	  	Restricted Payments	  	75
	 7.07.
	  	Change in Nature of Business	  	75
	 7.08.
	  	Transactions with Affiliates	  	75
	 7.09.
	  	Burdensome Agreements	  	76
	 7.10.
	  	Use of Proceeds	  	76
	 7.11.
	  	Financial Covenants	  	76
	 7.12.
	  	Capital Expenditures	  	77
	 7.13.
	  	Amendments of Organization Documents	  	77
	 7.14.
	  	Accounting Changes	  	77
	 7.15.
	  	Prepayments, Etc. of Indebtedness	  	78
	
	ARTICLE VIII
	EVENTS OF DEFAULT AND REMEDIES
			
	 8.01.
	  	Events of Default	  	78
	 8.02.
	  	Remedies upon Event of Default	  	80
	 8.03.
	  	Application of Funds	  	80
	
	ARTICLE IX
	ADMINISTRATIVE AGENT
			
	 9.01.
	  	Appointment and Authority	  	81
	 9.02.
	  	Rights as a Lender	  	81
	 9.03.
	  	Exculpatory Provisions	  	82
	 9.04.
	  	Reliance by Administrative Agent	  	82
	 9.05.
	  	Delegation of Duties	  	83
	 9.06.
	  	Resignation of Administrative Agent	  	83
	 9.07.
	  	Non-Reliance on Administrative Agent and Other Lenders	  	83
	 9.08.
	  	No Other Duties, Etc.	  	84
	 9.09.
	  	Administrative Agent May File Proofs of Claim	  	84
	 9.10.
	  	Collateral and Guaranty Matters	  	84
	 9.11.
	  	Secured Cash Management Agreements and Secured Hedge Agreements	  	85
	
	ARTICLE X
	CONTINUING GUARANTY
			
	 10.01.
	  	Guaranty	  	85
	 10.02.
	  	Rights of Lenders	  	86
	 10.03.
	  	Certain Waivers	  	86
	 10.04.
	  	Obligations Independent	  	86
	 10.05.
	  	Subrogation	  	86
	 10.06.
	  	Termination; Reinstatement	  	86
	 10.07.
	  	Subrogation	  	87
	 10.08.
	  	Stay of Acceleration	  	87
	 10.09.
	  	Condition of Borrower	  	87
	
	ARTICLE XI
	MISCELLANEOUS
			
	 11.01.
	  	Amendments, Etc.	  	87
	 11.02.
	  	Notices; Effectiveness; Electronic Communications	  	89
	 11.03.
	  	No Waiver; Cumulative Remedies; Enforcement	  	90
	 11.04.
	  	Expenses; Indemnity; Damage Waiver	  	91

  

 -iii- 

					
	  	  	 	  	Page
			
	 11.05.
	  	Payments Set Aside	  	92
	 11.06.
	  	Successors and Assigns	  	92
	 11.07.
	  	Treatment of Certain Information; Confidentiality	  	96
	 11.08.
	  	Right of Setoff.	  	96
	 11.09.
	  	Interest Rate Limitation	  	97
	 11.10.
	  	Counterparts; Integration; Effectiveness	  	97
	 11.11.
	  	Survival of Representations and Warranties	  	97
	 11.12.
	  	Severability	  	97
	 11.13.
	  	Replacement of Lenders	  	97
	 11.14.
	  	Governing Law; Jurisdiction; Etc.	  	98
	 11.15.
	  	WAIVER OF JURY TRIAL	  	99
	 11.16.
	  	No Advisory or Fiduciary Responsibility	  	99
	 11.17.
	  	Electronic Execution of Assignments and Certain Other Documents	  	99
	 11.18.
	  	USA PATRIOT Act	  	99
	 11.19.
	  	Time of the Essence	  	99
	 11.20.
	  	Judgment Currency	  	100

  

 -iv- 

			
	 SCHEDULES

		
	 2.01
	  	Commitments and Applicable Percentages
	 6.12
	  	Guarantors
	 6.19
	  	Post-Closing Covenants
	 7.01(b)
	  	Existing Liens
	 7.02
	  	Existing Indebtedness
	 7.03(f)
	  	Existing Investments
	 7.09
	  	Burdensome Agreements
	 11.02
	  	Administrative Agent’s Office, Certain Addresses for Notices
	
	 EXHIBITS

	
	Form of
		
	 A
	  	Committed Loan Notice
	 B
	  	Swing Line Loan Notice
	 C-1
	  	Term Note
	 C-2
	  	Revolving Credit Note
	 D
	  	Compliance Certificate
	 E-1
	  	Assignment and Assumption
	 E-2
	  	Administrative Questionnaire
	 F
	  	Guaranty
	 G
	  	Security Agreement
	 H-1
	  	Perfection Certificate
	 H-2
	  	Perfection Certificate Supplement
	 I
	  	United States Tax Compliance Certificate
	 J
	  	Solvency Certificate
	 K
	  	Landlord Access Agreement

  

 -v- 

 CREDIT AGREEMENT 

This CREDIT AGREEMENT (“Agreement”) is entered into as of August 4, 2010 among SAVVIS COMMUNICATIONS CORPORATION, a
Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), each lender from time to time party hereto (collectively, the “Lenders” and individually, a
“Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. 

PRELIMINARY STATEMENTS: 

The Borrower has requested that the Lenders provide a term loan facility and a revolving credit facility, and the Lenders have indicated
their willingness to lend and the L/C Issuer has indicated its willingness to issue letters of credit, in each case, on the terms and subject to the conditions set forth herein. 

In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 

ARTICLE I 

DEFINITIONS AND ACCOUNTING TERMS 

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

“Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Loan Documents, or
any successor administrative agent. 
 “Administrative Agent’s Office” means, with respect to any
currency, the Administrative Agent’s address and, as appropriate, account as set forth on Schedule 11.02 with respect to such currency, or such other address or account with respect to such currency as the Administrative Agent may from
time to time notify to the Borrower and the Lenders. 
 “Administrative Questionnaire” means an Administrative
Questionnaire in substantially the form of Exhibit E-2 or any other form approved by the Administrative Agent. 

“Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Aggregate
Commitments” means the Commitments of all the Lenders. 
 “Agreement” means this Credit Agreement.

 “Alternative Currency” means each of Euros, Sterling, Yen, Hong Kong Dollars, Singapore Dollars, Canadian
Dollars and each other currency (other than Dollars) that is approved in accordance with Section 1.08. 

“Alternative Currency Equivalent” means, at any time, with respect to any amount denominated in Dollars, the equivalent
amount thereof in the applicable Alternative Currency as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate (determined in respect of the most recent Revaluation Date) for the
purchase of such Alternative Currency with Dollars. 
 “Anti-Terrorism Laws” shall mean any Requirement of Law
related to terrorism financing or money laundering including the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act (“USA PATRIOT Act”) of 2001 (Title III of Pub. L. 107-56),
The Currency and Foreign Transactions Reporting Act (also known as the “Bank Secrecy Act”, 31 U.S.C. §§ 5311-5330 and 12 U.S.C. §§ 1818(s), 1820(b) and 1951-1959), the Trading With the Enemy Act (50 U.S.C. § 1 et
seq., as amended) and Executive Order 13224 (effective September 24, 2001). 

 “Applicable Fee Rate” means, at any time, in respect of the Revolving
Credit Facility, 0.50% per annum. 
 “Applicable Percentage” means (a) in respect of the Term
Facility, with respect to any Term Lender at any time, the percentage (carried out to the ninth decimal place) of the Term Facility represented by the principal amount of such Term Lender’s Term Loans at such time and (b) in respect of the
Revolving Credit Facility, with respect to any Revolving Credit Lender at any time, the percentage (carried out to the ninth decimal place) of the Revolving Credit Facility represented by such Revolving Credit Lender’s Revolving Credit
Commitment at such time, subject to adjustment as provided in Section 2.15. If the commitment of each Revolving Credit Lender to make Revolving Credit Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been
terminated pursuant to Section 8.02, or if the Revolving Credit Commitments have expired, then the Applicable Percentage of each Revolving Credit Lender in respect of the Revolving Credit Facility shall be determined based on the
Applicable Percentage of such Revolving Credit Lender in respect of the Revolving Credit Facility most recently in effect, giving effect to any subsequent assignments. The initial Applicable Percentage of each Lender in respect of each Facility is
set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 

“Applicable Rate” means in respect of (i) the Term Facility, 4.00% per annum for Base Rate Loans and
5.00% per annum for Eurodollar Rate Loans and (ii) the Revolving Credit Facility, 3.75% per annum for Base Rate Loans and 4.75% per annum for Eurodollar Rate Loans and Letter of Credit Fees. 

“Applicable Revolving Credit Percentage” means with respect to any Revolving Credit Lender at any time, such Revolving
Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time. 
 “Appropriate
Lender” means, at any time, (a) with respect to any of the Term Facility or the Revolving Credit Facility, a Lender that has a Commitment with respect to such Facility or holds a Term Loan or a Revolving Credit Loan, respectively, at
such time, (b) with respect to the Letter of Credit Sublimit, (i) the L/C Issuer and (ii) if any Letters of Credit have been issued pursuant to Section 2.03(a), the Revolving Credit Lenders and (c) with respect to the
Swing Line Sublimit, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding pursuant to Section 2.04(a), the Revolving Credit Lenders. 

“Approved Fund” means any Fund that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender
or (c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Assignee Group”
means two or more Eligible Assignees that are Affiliates of one another or two or more Approved Funds managed by the same investment advisor. 

“Assignment and Assumption” means an assignment and assumption entered into by a Lender and an Eligible Assignee (with
the consent of any party whose consent is required by Section 11.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit E-1 or any other form approved by the Administrative Agent. 

“Attributable Indebtedness” means, on any date, (a) in respect of any Capitalized Lease of any Person, the
capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, (b) in respect of any Synthetic Lease Obligation, the capitalized amount of the remaining lease or similar payments
under the relevant lease or other applicable agreement or instrument that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease or other agreement or instrument were accounted for as a
Capitalized Lease and (c) all Synthetic Debt of such Person. 
 “Audited Financial Statements” means the
audited consolidated balance sheet of Holdings and its Subsidiaries for the fiscal year ended December 31, 2009, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of
Holdings and its Subsidiaries, including the notes thereto provided, however, that for the purposes of Section 5.05(c), “Audited Financial Statements” shall mean the audited financial statements of Holdings and
its Subsidiaries most recently delivered to the Administrative Agreement pursuant to Section 6.01(a). 
  

 -2- 

 “Auto-Extension Letter of Credit” has the meaning specified in
Section 2.03(b)(iii). 
 “Availability Period” means in respect of the Revolving Credit Facility,
the period from and including the Closing Date to the earliest of (i) the Maturity Date for the Revolving Credit Facility, (ii) the date of termination of the Revolving Credit Commitments pursuant to Section 2.06, and
(iii) the date of termination of the commitment of each Revolving Credit Lender to make Revolving Credit Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions pursuant to Section 8.02. 

“Bank of America” means Bank of America, N.A. and its successors. 

“Base Rate” means for any day a fluctuating rate per annum equal to the highest of (a) the Federal Funds Rate
plus 1/2 of 1%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate,” and (c) the Eurodollar Rate applicable to one month Interest Periods plus
1.00% (which Eurodollar Rate shall be deemed to be not less than 1.75%). The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’s costs and desired return, general economic conditions
and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in such prime rate announced by Bank of America shall take effect at the opening of business on the
day specified in the public announcement of such change. 
 “Base Rate Loan” means a Revolving Credit Loan or a
Term Loan that bears interest based on the Base Rate. All Base Rate Loans shall be denominated in Dollars. 

“Borrower” has the meaning specified in the introductory paragraph hereto. 

“Borrower Materials” has the meaning specified in Section 6.02. 

“Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing or a Term Borrowing, as the context may require.

 “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are
authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located and if such day relates to any Eurodollar Rate Loan, means any such day that is also a London Banking Day. 

“Capital Expenditures” means, with respect to any Person for any period, any expenditure in respect of the purchase or
other acquisition of any fixed or capital asset (excluding (i) Investments made pursuant to Section 7.03(g), (ii) normal replacements and maintenance which are properly charged to current operations, (iii) replacements
funded with the proceeds of insurance claims or condemnation awards and (iv) expenditures funded with cash received from Thomson Reuters). 

“Capitalized Leases” means all leases that have been or should be, in accordance with GAAP, recorded as capitalized
leases. 
 “Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for
the benefit of the Administrative Agent, L/C Issuer or Swing Line Lender (as applicable) and the Lenders, as collateral for L/C Obligations, Obligations in respect of Swing Line Loans, or obligations of Lenders to fund participations in respect of
either thereof (as the context may require), cash or deposit account balances or, if the L/C Issuer or Swing Line Lender benefiting from such collateral shall agree in its reasonable discretion, other credit support, in each case pursuant to
documentation in form and substance reasonably satisfactory to (a) the Administrative Agent and (b) the L/C Issuer or the Swing Line Lender (as applicable). “Cash Collateral” shall have a meaning correlative to the
foregoing and shall include the proceeds of such cash collateral and other credit support. 
  

 -3- 

 “Cash Equivalents” means any of the following types of Investments, to the
extent owned by the Borrower or any of its Subsidiaries free and clear of all Liens (other than Liens created under the Collateral Documents and other Liens permitted hereunder): 

(a) Dollars, Euros, Sterling or, in the case of any Foreign Subsidiary, such local currencies held by it from time to time
in the ordinary course of business; 
 (b) readily marketable obligations issued or directly and fully guaranteed
or insured by the United States or any agency or instrumentality thereof having maturities of not more than one (1) year from the date of acquisition thereof; provided that the full faith and credit of the United States is pledged in
support thereof; 
 (c) time deposits with, or insured certificates of deposit or bankers” acceptances of,
any commercial bank that (i) (A) is a Lender or (B) is organized under the laws of the United States, any state thereof or the District of Columbia or is the principal banking subsidiary of a bank holding company organized under the
laws of the United States, any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (ii) issues (or the parent of which issues) commercial paper rated as described in clause (c) of this definition and
(iii) has combined capital and surplus of at least $1,000,000,000, in each case with maturities of not more than 180 days from the date of acquisition thereof; 

(d) commercial paper issued by any Person organized under the laws of any state of the United States and rated at least
“Prime-1” (or the then equivalent grade) by Moody’s or at least “A-1” (or the then equivalent grade) by S&P, in each case with maturities of not more than 270 days from the date of acquisition thereof; and 

(e) instruments equivalent to those referred to in clauses (a) through (d) above denominated in Euros, Sterling
or any other foreign currency comparable in credit quality and tenor to those referred to above to the extent reasonably required in connection with any business conducted by any Subsidiary organized in such jurisdiction; and 

(f) Investments, classified in accordance with GAAP as current assets of the Borrower or any of its Subsidiaries, in money
market investment programs registered under the Investment Company Act of 1940, which are administered by financial institutions that have one of the two highest ratings obtainable from either Moody’s or S&P, and the portfolios of which are
limited solely to Investments of the character, quality and maturity described in clauses (a) through (e) of this definition. 

“Cash Management Agreement” means any agreement to provide cash management services, including treasury, depository,
overdraft, credit or debit card, electronic funds transfer and other cash management arrangements. 
 “Cash Management
Bank” means any Person that, at the time it enters into a Cash Management Agreement, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement. 

“Change in Law” means the occurrence, after the date of this Agreement, of any of the following: (a) the adoption
or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation or application thereof by any Governmental Authority or (c) the making or issuance of
any request, guideline or directive (whether or not having the force of law) by any Governmental Authority. 
 “Change
of Control” means an event or series of events by which: 
 (a) any “person” or
“group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee,
agent or other fiduciary or administrator of any such plan), other than the Permitted Holder, becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group
shall be deemed to have 
  

 -4- 

 
“beneficial ownership” of all securities that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage of time (such right,
an “option right”)), directly or indirectly, of 35% or more of the equity securities of Holdings entitled to vote for members of the board of directors or equivalent governing body of Holdings on a fully diluted basis (and taking
into account all such securities that such “person” or “group” has the right to acquire pursuant to any option right); or 

(b) during any period of 24 consecutive months, a majority of the members of the board of directors or other equivalent
governing body of Holdings cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or nomination to that board or equivalent governing body
was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or (iii) whose election or nomination to that board or other
equivalent governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body (excluding, in the case
of both clause (ii) and clause (iii), any individual whose initial nomination for, or assumption of office as, a member of that board or equivalent governing body occurs as a result of an actual or threatened solicitation of proxies or consents
for the election or removal of one or more directors by any person or group other than a solicitation for the election of one or more directors by or on behalf of the board of directors); or 

(c) Holdings shall cease, directly or indirectly, to own and control legally and beneficially all of the Equity Interests
in the Borrower. 
 “Cisco Agreement” means that certain Loan and Security Agreement dated December 18,
2006 between Borrower and Cisco Systems Capital Corporation. 
 “Closing Date” means the first date all the
conditions precedent in Section 4.01 are satisfied or waived in accordance with Section 11.01. 

“Code” means the Internal Revenue Code of 1986, as amended from time to time. 

“Collateral” means all of the “Collateral” and “Mortgaged Property” referred to in the Collateral
Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties. 

“Collateral Documents” means, collectively, the Security Agreement, the Intellectual Property Security Agreement, the
Mortgages, each of the mortgages, collateral assignments, security agreements, pledge agreements or other similar agreements delivered to the Administrative Agent in accordance with applicable local law to grant a valid, perfected security interest
in any property as collateral for the Secured Obligations, all UCC or other financing statements or instruments of perfection required by the Security Agreement, the Intellectual Property Security Agreements, any Mortgage or any other such security
document or pledge agreement to be filed with respect to the security interests in property and fixtures created pursuant to the Security Agreement, the Intellectual Property Security Agreements or any Mortgage and each of the other agreements,
instruments or documents that create or purport to create a Lien in favor of the Administrative Agent for the benefit of the Secured Parties. 

“Commercial Software” means packaged commercially available software programs generally available to the public which
have been licensed to Holdings, the Borrower or any of their respective Subsidiaries pursuant to end-user licenses and which are used in the Borrower’s business but not a component of or incorporated into any Borrower product. 

“Commitment” means a Term Commitment or a Revolving Credit Commitment, as the context may require. 

“Committed Loan Notice” means a notice of (a) a Term Borrowing, (b) a Revolving Credit Borrowing, (c) a
conversion of Loans from one Type to the other, or (d) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A. 

 

 -5- 

 “Company Software” means proprietary rights in the software for which
Proprietary Rights are owned by Holdings, the Borrower or any of their respective Subsidiaries, including copyrights, trademarks, patents and trade secrets. 

“Compliance Certificate” means a certificate substantially in the form of Exhibit D. 

“Consolidated Cash Interest Charges” means, for any Measurement Period, all Consolidated Interest Charges paid in cash
by Holdings and its Subsidiaries on a consolidated basis. 
 “Consolidated Current Assets” means, at any date,
all amounts (other than cash and Cash Equivalents) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or any like caption) on a consolidated balance sheet of Holdings and its Subsidiaries at such
date. 
 “Consolidated Current Liabilities” means, at any date, all amounts that would, in conformity with
GAAP, be set forth opposite the caption “total current liabilities” (or any like caption) on a consolidated balance sheet of Holdings and its Subsidiaries at such date, but excluding (a) the current portion of any Consolidated Funded
Indebtedness of Holdings and its Subsidiaries and (b) without duplication of clause (a) above, all Indebtedness consisting of Revolving Credit Loans or Swing Line Loans to the extent otherwise included therein 

“Consolidated EBITDA” means, at any date of determination, an amount equal to Consolidated Net Income of Holdings and
its Subsidiaries on a consolidated basis for the most recently completed Measurement Period plus (a) the following to the extent deducted in calculating such Consolidated Net Income (without duplication of any other adjustment to
Consolidated EBITDA): (i) Consolidated Interest Charges, (ii) the provision for Federal, state, local and foreign income taxes payable, (iii) depreciation, amortization and accretion expense, (iv) non-cash equity-based
compensation, (v) non-recurring fees, expenses and charges incurred in connection with acquisitions and (vi) other material non-recurring expenses reducing such Consolidated Net Income which do not represent a cash item in such period or
any future period (in each case of or by Holdings and its Subsidiaries for such Measurement Period) and minus (b) the following to the extent included in calculating such Consolidated Net Income: (i) Federal, state, local and
foreign income tax credits, (ii) all material non-recurring, non-cash items increasing Consolidated Net Income and (iii) interest income (in each case of or by Holdings and its Subsidiaries for such Measurement Period). 

“Consolidated Fixed Charge Coverage Ratio” means, at any date of determination, the ratio of
(a) (i) Consolidated EBITDA, plus (ii) rentals paid under leases of real or personal, or mixed, property and classified as rent expense in accordance with GAAP, and (iii) interest income, to (b) the sum of
(i) Consolidated Cash Interest Charges, (ii) the aggregate principal amount of all regularly scheduled principal payments paid or redemptions or similar acquisitions for value of outstanding debt for borrowed money, but excluding any such
payments to the extent refinanced through the incurrence of additional Indebtedness otherwise expressly permitted under Section 7.02, (for the avoidance of doubt, excluding any optional or mandatory prepayments required pursuant to
Section 2.05), (iii) rentals paid under leases of real or personal, or mixed, property and classified as rent expense in accordance with GAAP and (iv) the aggregate amount of Federal, state, local and foreign income taxes paid
in cash, in each case, of or by Holdings and its Subsidiaries for the most recently completed Measurement Period. 

“Consolidated Funded Indebtedness” means, as of any date of determination, for Holdings and its Subsidiaries on a
consolidated basis, the sum of (a) the outstanding principal amount of all obligations, whether current or long-term, for borrowed money and all obligations evidenced by bonds, debentures, notes, loan agreements or other similar instruments,
(b) all purchase money Indebtedness (for avoidance of doubt, without duplication of amounts in clause (e) below), (c) all direct obligations arising under letters of credit, whether drawn or undrawn (including standby and commercial),
bankers’ acceptances, bank guaranties, surety bonds and similar instruments, (d) all obligations in respect of the deferred purchase price of property or services (other than trade accounts payable in the ordinary course of business),
(e) all Attributable Indebtedness, (f) without duplication, all Guarantees with respect to outstanding Indebtedness of the types specified in clauses (a) through (e) above of Persons other than Holdings or any Subsidiary, and
(g) all Indebtedness of the types referred to in clauses (a) through (f) above of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which Holdings or any
Subsidiary is a general partner or joint venturer, unless such Indebtedness is expressly made non-recourse to Holdings or such Subsidiary. 
  

 -6- 

 “Consolidated Interest Charges” means, for any Measurement Period, the sum
of (a) all interest, premium payments, debt discount, fees, charges and related expenses in connection with borrowed money (including capitalized interest) or in connection with the deferred purchase price of assets, in each case to the extent
treated as interest in accordance with GAAP, (b) all interest paid or payable with respect to discontinued operations and (c) the portion of rent expense under Capitalized Leases that is treated as interest in accordance with GAAP, in each
case, of or by Holdings and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period. 

Notwithstanding anything to the contrary contained herein, for purposes of determining Consolidated Interest Charges for any period
ending prior to the first anniversary of the Closing Date, Consolidated Interest Charges in respect of Indebtedness under the Loan Documents shall be an amount equal to actual Consolidated Interest Charges in respect of Indebtedness under the Loan
Documents from the Closing Date through the date of determination multiplied by a fraction the numerator of which is 365 and the denominator of which is the number of days from the Closing Date through the date of determination. 

“Consolidated Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Funded
Indebtedness as of such date to (b) Consolidated EBITDA of Holdings and its Subsidiaries on a consolidated basis for the most recently completed Measurement Period. 

“Consolidated Net Income” means, at any date of determination, the net income (or loss) of Holdings and its Subsidiaries
on a consolidated basis for the most recently completed Measurement Period; provided that Consolidated Net Income shall exclude (a) extraordinary gains and extraordinary losses for such Measurement Period determined in accordance with
GAAP, (b) the net income of any Subsidiary during such Measurement Period to the extent that the declaration or payment of dividends or similar distributions by such Subsidiary of such income is not permitted by operation of the terms of its
Organization Documents or any agreement, instrument or Law applicable to such Subsidiary during such Measurement Period, except that Holdings’ equity in any net loss of any such Subsidiary for such Measurement Period shall be included in
determining Consolidated Net Income, (c) any income (or loss) for such Measurement Period of any Person if such Person is not a Subsidiary, except that Holdings’ equity in the net income of any such Person for such Measurement Period shall
be included in Consolidated Net Income up to the aggregate amount of cash actually distributed by such Person during such Measurement Period to Holdings or a Subsidiary as a dividend or other distribution (and in the case of a dividend or other
distribution to a Subsidiary, such Subsidiary is not precluded from further distributing such amount to Holdings as described in clause (b) of this proviso), (d) any gain (or loss), together with any related provisions for taxes on any
such gain (or the tax effect of any such loss), realized during such period by Holdings or any of its Subsidiaries upon any Disposition (other than any dispositions in the ordinary course of business) by Holdings or any of its Subsidiaries,
(e) earnings or losses resulting from any reappraisal, revaluation or write-up or write-down of assets, (f) gains and losses due solely to fluctuations in currency values and the related tax effects determined in accordance with GAAP for
such period and (g) any non-cash gains or losses attributable to the mark to market movement in the valuation of interest rate hedging obligations (to the extent the cash impact resulting from such loss or gain has not been realized) pursuant
to Financial Accounting Standards Accounting Standards Codification No. 815—Derivatives and Hedging. 

“Consolidated Working Capital” means, at any date, the excess of Consolidated Current Assets on such date minus
Consolidated Current Liabilities on such date. 
 “Contractual Obligation” means, as to any Person, any
provision of any security issued by such Person or of any agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management
or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

 

 -7- 

 “Convertible Note Indenture” means that certain Indenture between Holdings
and The Bank of New York, as trustee and dated May 9, 2007. 
 “Convertible Notes” means the 3.0%
Convertible Senior Notes due May 15, 2012 of Holdings in an aggregate principal amount of $345,000,000 issued and sold pursuant to the Convertible Note Indenture. 

“Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension. 

“Cumulative Credit” means, at any date, an amount, not less than zero in the aggregate, determined on a cumulative basis
equal to, without duplication: 
 (a) the Cumulative Retained Excess Cash Flow Amount at such time; plus

 (b) the cumulative amount of cash and Cash Equivalent proceeds from the sale of Equity Interests (other than
Disqualified Capital Stock) of the Borrower or of any direct or indirect parent of the Borrower after the Closing Date and on or prior to such time (including upon exercise of warrants or options) which proceeds have been contributed as common
equity to the capital of the Borrower, in each case, not previously applied for a purpose other than use in the Cumulative Credit; plus 

(c) 100% of the aggregate amount of contributions to the common capital of the Borrower (other than from a Subsidiary that
is a Guarantor) received in cash and Cash Equivalents after the Closing Date; minus 
 (d) any amount of
the Cumulative Credit used to make Investments pursuant to Section 7.03(h) after the Closing Date and prior to such time; minus 

(e) any amount of the Cumulative Credit used to make Restricted Payments pursuant to Section 7.06(g) after the
Closing Date and prior to such time; minus 
 (f) any amount of the Cumulative Credit used to make
payments or distributions in respect of Junior Indebtedness pursuant to Section 7.15 after the Closing Date and prior to such time; minus 

(g) any amount of the Cumulative Credit used to make Capital Expenditures pursuant to Section 7.12 after the
Closing Date and prior to such time. 
 “Cumulative Retained Excess Cash Flow Amount” means, at any date, the
amount of the Borrower’s Excess Cash Flow for each fiscal year commencing with the fiscal year ending December 31, 2011 that (i) is not required to be applied as a mandatory prepayment pursuant to Section 2.05(b)(i) and
(ii) has been calculated and included in a Compliance Certificate delivered in accordance with Section 6.02(b). 

“Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other liquidation, conservatorship,
bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting
the rights of creditors generally. 
 “Default” means any event or condition that constitutes an Event of
Default or that, with the giving of any notice, the passage of time, or both, would be an Event of Default. 
 “Default
Rate” means (a) when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Rate, if any, applicable to Base Rate Loans under the Term
Facility plus (iii) 2% per annum; provided, however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Rate) otherwise
applicable to such Loan plus 2% per annum and (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Rate plus 2% per annum. 

 

 -8- 

 “Defaulting Lender” means, subject to Section 2.15(b), any
Revolving Credit Lender that, as determined by the Administrative Agent, (a) has failed to perform any of its funding obligations hereunder, including in respect of its Loans or participations in respect of Letters of Credit or Swing Line
Loans, within three Business Days of the date required to be funded by it hereunder, (b) has notified the Borrower or the Administrative Agent that it does not intend to comply with its funding obligations or has made a public statement to that
effect with respect to its funding obligations hereunder or under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by the Administrative Agent, to confirm in a manner satisfactory
to the Administrative Agent that it will comply with its funding obligations, or (d) has, or has a direct or indirect parent company that has, (i) become the subject of a proceeding under any Debtor Relief Law, (ii) had a receiver,
conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or a custodian appointed for it, or (iii) taken any action in furtherance of, or indicated
its consent to, approval of or acquiescence in any such proceeding or appointment; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct or
indirect parent company thereof by a Governmental Authority. 
 “Disposition” or “Dispose”
means the sale, transfer, license, lease or other disposition (including any sale and leaseback transaction) of any property by any Person (or the granting of any option or other right to do any of the foregoing), including any sale, assignment,
transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith; provided, however, that Disposition shall not include transactions involving sales, transfers,
licenses, leases or other dispositions of assets for consideration of less than $250,000 with respect to any transaction or series of related transactions. 

“Disqualified Capital Stock” shall mean any Equity Interest which, by its terms (or by the terms of any security into
which it is convertible or for which it is exchangeable), or upon the happening of any event, (a) matures (excluding any maturity as the result of an optional redemption by the issuer thereof) or is mandatorily redeemable, pursuant to a sinking
fund obligation or otherwise, or is redeemable at the option of the holder thereof, in whole or in part, on or prior to the first anniversary of the Maturity Date, (b) is convertible into or exchangeable (unless at the sole option of the issuer
thereof) for (i) debt securities or (ii) any Equity Interests referred to in (a) above, in each case at any time on or prior to the first anniversary of the Maturity Date, or (c) contains any repurchase obligation which may come
into effect prior to payment in full of all Obligations; provided, however, that any Equity Interests that would not constitute Disqualified Capital Stock but for provisions thereof giving holders thereof (or the holders of any
security into or for which such Equity Interests is convertible, exchangeable or exercisable) the right to require the issuer thereof to redeem such Equity Interests upon the occurrence of a change in control or an asset sale occurring prior to the
first anniversary of the Maturity Date shall not constitute Disqualified Capital Stock if such Equity Interests provide that the issuer thereof will not redeem any such Equity Interests pursuant to such provisions prior to the repayment in full of
the Obligations. 
 “Dollar” and “$” mean lawful money of the United States. 

“Dollar Equivalent” means, at any time, (a) with respect to any amount denominated in Dollars, such amount, and
(b) with respect to any amount denominated in any Alternative Currency, the equivalent amount thereof in Dollars as determined by the Administrative Agent or the L/C Issuer, as the case may be, at such time on the basis of the Spot Rate
(determined in respect of the most recent Revaluation Date) for the purchase of Dollars with such Alternative Currency. 

“Domestic Subsidiary” means any Subsidiary that is organized under the laws of any political subdivision of the United
States. 
 “Eligible Assignee” means any Person that meets the requirements to be an assignee under
Section 11.06(b)(iii), (v) and (vi) (subject to such consents, if any, as may be required under Section 11.06(b)(iii)). 

“Embargoed Person” shall mean any party that (i) is publicly identified on the most current list of “Specially
Designated Nationals and Blocked Persons” published by the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) or resides, is organized or chartered, or has a place of business in a country or territory subject
to OFAC sanctions or embargo programs or (ii) is publicly identified as prohibited from doing business with the United States under the International Emergency Economic Powers Act, the Trading With the Enemy Act, or any other Requirement of
Law. 
  

 -9- 

 “Embedded Products” means all licenses, sublicenses and other agreements to
which Holdings, the Borrower or any of their respective Subsidiaries is a party and pursuant to which such Person is authorized to use any third party patents, patent rights, trademarks, service marks, trade secrets or copyrights, including
software, which are distributed by any such Person or incorporated in any existing product or service of any such Person. 

“EMU” means the economic and monetary union in accordance with the Treaty of Rome 1957, as amended by the Singe European
Act 1986, the Maastricht Treaty of 1992 and the Amsterdam Treaty of 1998. 
 “EMU Legislation” means the
legislative measures of the European Council for the introduction of, changeover to or operation of a single or unified European currency. 

“Environmental Laws” means any and all Federal, state, local, and foreign statutes, laws, regulations, ordinances,
rules, judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the environment or the release of any materials into the environment,
including those related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 

“Environmental Liability” means any liability, contingent or otherwise (including any liability for damages, costs of
environmental remediation, fines, penalties or indemnities), of the Borrower, any other Loan Party or any of their respective Subsidiaries directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the
generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or threatened release of any Hazardous Materials into the environment or
(e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required under
any Environmental Law. 
 “Equity Interests” means, with respect to any Person, all of the shares of capital
stock of (or other ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person,
all of the securities convertible into or exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such
other interests), and all of the other ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests
are outstanding on any date of determination. 
 “ERISA” means the Employee Retirement Income Security Act of
1974, as amended. 
 “ERISA Affiliate” means any trade or business (whether or not incorporated) under common
control with the Borrower within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code). 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) the withdrawal of the Borrower
or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a ‘substantial employer” as defined in Section 4001(a)(2) of ERISA or a cessation of operations that is
treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization; (d) the
filing of a notice of intent to terminate, the treatment of a Pension Plan amendment as a termination under Section 4041 or 4041A of ERISA; (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any event or
condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan; (g) the determination that any Pension Plan is considered

  

 -10- 

 
an at-risk plan or a plan in endangered or critical status within the meaning of Sections 430, 431 and 432 of the Code or Sections 303, 304 and 305 of ERISA; 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 the Borrower or any ERISA Affiliate. 

“Euro” and “EUR” mean the lawful currency of the Participating Member States introduced in accordance
with the EMU Legislation. 
 “Eurodollar Rate” means: 

(a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to (i) the British
Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or such other commercially available source providing quotations of BBA LIBOR as may be designated by the Administrative Agent from time to time) at
approximately 11:00 a.m., London time, two London Banking Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period or
(ii) if such rate is not available at such time for any reason, then the “Eurodollar Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for
delivery on the first day of such Interest Period in same day funds in the approximate amount of the Eurodollar Rate Loan being made, continued or converted by Bank of America and with a term equivalent to such Interest Period would be offered by
Bank of America’s London Branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two London Banking Days prior to the commencement of such Interest Period; and 

(b) for any interest calculation with respect to a Base Rate Loan on any date, the rate per annum equal to (i) BBA
LIBOR, at approximately 11:00 a.m., London time determined two London Banking Days prior to such date for Dollar deposits being delivered in the London interbank market for a term of one month commencing that day or (ii) if such published
rate is not available at such time for any reason, the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on the date of determination in same day funds in the approximate amount of the
Base Rate Loan being made or maintained and with a term equal to one month would be offered by Bank of America’s London Branch to major banks in the London interbank Eurodollar market at their request at the date and time of determination;

 provided that, solely with respect to a Eurodollar Rate Loan that is a Term Loan, the Eurodollar Rate shall not be less than 1.75%.

 “Eurodollar Rate Loan” means a Revolving Credit Loan or a Term Loan that bears interest at a rate based
on the Eurodollar Rate. 
 “Event of Default” has the meaning specified in Section 8.01.

 “Excess Cash Flow” means, for any fiscal year of the Borrower, the excess (if any) of (a) the sum of
(i) Consolidated EBITDA for such fiscal year, (ii) decreases in Consolidated Working Capital and (iii) all cash income or gain to the extent excluded from Consolidated Net Income in the calculation thereof or subtracted from
Consolidated Net Income in the calculation of Consolidated EBITDA minus (b) the sum (for such fiscal year) of (i) Consolidated Cash Interest Charges, (ii) scheduled principal payments, to the extent actually made, in respect of
Indebtedness of Holdings or any Subsidiary, in each case made with Internally Generated Cash, (iii) all income taxes actually paid in cash by Holdings and its Subsidiaries, (iv) Capital Expenditures actually made by Holdings and its
Subsidiaries in cash in such fiscal year, (v) voluntary prepayments of Revolving Credit Loans pursuant to Section 2.05(a) to the extent accompanied by a permanent reduction of the Revolving Credit Facility in an equal amount
pursuant to Section 2.06(a), together with any related premium, penalty, transaction fees and expenses, (vi) increase in Consolidated Working Capital and (vii) cash expenses or charges that were excluded from Consolidated Net
Income in the calculation thereof or added to Consolidated Net Income in the calculation of Consolidated EBITDA. 
  

 -11- 

 “Exchange Act” means the Securities and Exchange Act of 1934, as amended.

 “Excluded Taxes” means, with respect to the Administrative Agent, any Lender, the L/C Issuer or any other
recipient of any payment to be made by or on account of any obligation of any Loan Party hereunder or under any other Loan Document, (a) Taxes imposed on or measured by its overall net income (however denominated), and franchise Taxes imposed
on it (in lieu of net income taxes), by a jurisdiction (or any political subdivision thereof) as a result of such recipient being organized or having its principal office in such jurisdiction, or in the case of any Lender, in having its applicable
Lending Office in such jurisdiction, (b) any Taxes in the nature of the branch profits tax within the meaning of Section 884 of the Code imposed by any jurisdiction described in clause (a), (c) other than an assignee pursuant to a
request by Borrower under Section 11.13 hereto, any U.S. federal withholding tax that is imposed on amounts payable to such Person pursuant to any Laws in effect at the time such Person becomes a party hereto (or designates a new Lending
Office), except to the extent that such Person (or its assignor, if any) was entitled, at the time of designation of a new Lending Office (or assignment), to receive additional amounts from any Loan Party with respect to such withholding tax
pursuant to Section 3.01(a) hereto, (d) any withholding tax that is attributable to such Person’s failure to comply with Section 3.01(e) hereto and (e) any U.S. federal withholding tax that would not have been
imposed but for a failure by a Lender (or any financial institution through which any payment is made to such Lender) to comply with the procedures, certifications, information reporting, disclosure, or other related requirements of newly enacted
Sections 1471-1474 of the Code. 
 “Existing Credit Agreement” means that certain Amended and Restated Credit
Agreement, dated as of December 8, 2008, among the Borrower, Holdings, the subsidiaries of Holdings party thereto, as guarantors, the lenders party thereto and Wells Fargo Foothill, LLC as administrative agent for such lenders. 

“Extraordinary Receipt” means any cash received by or paid to or for the account of any Person not in the ordinary
course of business, including tax refunds, pension plan reversions, proceeds of insurance (other than proceeds of business interruption insurance to the extent such proceeds constitute compensation for lost earnings), condemnation awards (and
payments in lieu thereof) and indemnity payments; provided, however, that an Extraordinary Receipt shall not include (i) the proceeds of the sale or issuance of any Equity Interests of Holdings or (ii) cash receipts from
proceeds of insurance, condemnation awards (or payments in lieu thereof) or indemnity payments to the extent that such proceeds, awards or payments (a) in respect of loss or damage to equipment, fixed assets or real property are applied (or in
respect of which expenditures were previously incurred) to replace or repair the equipment, fixed assets or real property in respect of which such proceeds were received in accordance with the terms of Section 2.05(b)(iv) or (b) are
received by any Person in respect of any third party claim against such Person and applied to pay (or to reimburse such Person for its prior payment of) such claim and the costs and expenses of such Person with respect thereto. 

“Facility” means the Term Facility or the Revolving Credit Facility, as the context may require. 

“FASB ASC” means the Accounting Standards Codification of the Financial Accounting Standards Board. 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight
Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if
such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such
next succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the
Administrative Agent. 
 “Fee Letter” means the letter agreement, dated August 4, 2010 among the Borrower
and the Administrative Agent. 
 “Flood Insurance Laws” means collectively (i) the National Flood
Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (ii) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statute thereto, (iii) the National Flood Insurance Reform
Act of 1994 as now or hereafter in effect or any successor statute thereto and (iv) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto. 

 

 -12- 

 “Foreign Government Scheme or Arrangement” has the meaning specified in
Section 5.12(d). 
 “Foreign Plan” has the meaning specified in Section 5.12(d).

 “Foreign Subsidiary” means a Subsidiary that is organized under the laws of a jurisdiction other than the
United States or any state thereof or the District of Columbia; provided that any Subsidiary organized under the laws of Puerto Rico shall be deemed a Foreign Subsidiary. 

“FRB” means the Board of Governors of the Federal Reserve System of the United States. 

“Fronting Exposure” means, at any time there is a Defaulting Lender, (a) with respect to the L/C Issuer, such
Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in
accordance with the terms hereof, and (b) with respect to the Swing Line Lender, such Defaulting Lender’s Applicable Percentage of Swing Line Loans other than Swing Line Loans as to which such Defaulting Lender’s participation
obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. 

“Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or
otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements
of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 

“Governmental Authority” means the government of the United States or any other nation, or of any political subdivision
thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining
to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Guarantee” means, as to any Person, any (a) obligation, contingent or otherwise, of such Person guaranteeing or
having the economic effect of guaranteeing any Indebtedness or other obligation payable or performable by another Person (the “primary obligor”) in any manner, whether directly or indirectly, and including any obligation of such
Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring
the obligee in respect of such Indebtedness or other obligation of the payment or performance of such Indebtedness or other obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or
level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness or other obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such
Indebtedness or other obligation of the payment or performance thereof or to protect such obligee against loss in respect thereof (in whole or in part), or (b) Lien on any assets of such Person securing any Indebtedness or other obligation of
any other Person, whether or not such Indebtedness or other obligation is assumed by such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien). The amount of any Guarantee 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 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. The term “Guarantee” as a verb has a corresponding meaning. 
  

 -13- 

 “Guarantors” means, collectively, Holdings, the Subsidiaries of Holdings
listed on Schedule 6.12 and each other Subsidiary of Holdings that shall be required to execute and deliver a guaranty or guaranty supplement pursuant to Section 6.12. 

“Guaranty” means, collectively, the Guaranty made by Holdings under Article X in favor of the Secured Parties and
the Guaranty made by the Guarantors in favor of the Secured Parties, substantially in the form of Exhibit F, together with each other guaranty and guaranty supplement delivered pursuant to Section 6.12. 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances,
wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated
pursuant to any Environmental Law. 
 “Hedge Bank” means any Person that, at the time it enters into a Swap
Contract required or permitted under Article VI or VII, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Swap Contract. 

“Holdings” has the meaning specified in the introductory paragraph hereto. 

“IFRS” means the International Financial Reporting Standards as adopted by the International Accounting Standards Board
from time to time. 
 “Indebtedness” means, as to any Person at a particular time, without duplication, all of
the following, whether or not included as indebtedness or liabilities in accordance with GAAP: 
 (a) all
obligations of such Person for borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; 

(b) the maximum amount of all direct or contingent obligations of such Person arising under letters of credit (including
standby and commercial), bankers’ acceptances, bank guaranties, surety bonds and similar instruments; 
 (c)
net obligations of such Person under any Swap Contract; 
 (d) all obligations of such Person to pay the deferred
purchase price of property or services (other than trade accounts payable in the ordinary course of business and not past due for more than 60 days after the date on which such trade account was created); 

(e) indebtedness (excluding prepaid interest thereon) secured by a Lien on property owned or being purchased by such
Person (including indebtedness arising under conditional sales or other title retention agreements), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; 

(f) all Attributable Indebtedness in respect of Capitalized Leases and Synthetic Lease Obligations of such Person and all
Synthetic Debt of such Person; 
 (g) all obligations of such Person to purchase, redeem, retire, defease or
otherwise make any payment in respect of any Equity Interest in such Person or any other Person or any warrant, right or option to acquire such Equity Interest, valued, in the case of a redeemable preferred interest, at the greater of its voluntary
or involuntary liquidation preference plus accrued and unpaid dividends; and 
 (h) all Guarantees of such
Person in respect of any of the foregoing. 
 For all purposes hereof, the Indebtedness of any Person shall include the
Indebtedness of any partnership or joint venture (other than a joint venture that is itself a corporation or limited liability company) in which such Person is a general partner or a joint venturer, unless such Indebtedness is expressly made
non-recourse to such Person. The amount of any net obligation under any Swap Contract on any date shall be deemed to be the Swap Termination Value thereof as of such date. 
  

 -14- 

 “Indemnified Taxes” means any Taxes other than Excluded Taxes. 

“Indemnitee” has the meaning specified in Section 11.04(b). 

“Information” has the meaning specified in Section 11.07. 

“Intellectual Property Security Agreement” has the meaning specified in Section 4.01(a)(iv). 

“Interest Payment Date” means, (a) as to any Eurodollar Rate Loan, the last day of each Interest Period applicable
to such Loan and the Maturity Date of the Facility under which such Loan was made; provided, however, that if any Interest Period for a Eurodollar Rate Loan exceeds three months, the respective dates that fall every three months after
the beginning of such Interest Period shall also be Interest Payment Dates; and (b) as to any Base Rate Loan or Swing Line Loan, the last Business Day of each March, June, September and December and the Maturity Date of the Facility under which
such Loan was made (with Swing Line Loans being deemed made under the Revolving Credit Facility for purposes of this definition). 

“Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the date such Eurodollar Rate Loan is
disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one, two, three or six months thereafter, as selected by the Borrower in its Committed Loan Notice or such other period that is twelve months or less requested
by the Borrower and consented to by all the Appropriate Lenders; provided that: 
 (a) any Interest Period
that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business
Day; 
 (b) any Interest Period that begins on the last Business Day of a calendar month (or on a day for which
there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of such Interest Period; and 

(c) no Interest Period shall extend beyond the Maturity Date of the Facility under which such Loan was made. 

“Internally Generated Cash” means any cash of Holdings or any of its Subsidiaries that is not generated from an Asset
Sale, an Extraordinary Receipt, an incurrence of Indebtedness, an issuance of Equity Interests or a capital contribution. 

“Investment” means, as to any Person, any direct or indirect acquisition or investment by such Person, whether by means
of (a) the purchase or other acquisition of Equity Interests of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of Indebtedness of, or purchase or other acquisition of any other debt or interest in,
another Person, or (c) the purchase or other acquisition (in one transaction or a series of transactions) of assets of another Person that constitute a business unit or all or a substantial part of the assets of, such Person and excluding
Capital Expenditures. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“Investment Affiliate” means any fund or investment vehicle that (a) is organized by Welsh, Carson,
Anderson & Stowe VIII, L.P. for the purpose of making equity or debt investments in one or more companies and (b) is Controlled by Welsh, Carson, Anderson & Stowe VIII, L.P. 

 

 -15- 

 “ISP” means, with respect to any Letter of Credit, the “International
Standby Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance). 

“Issuer Documents” means with respect to any Letter of Credit, the Letter of Credit Application, and any other document,
agreement and instrument entered into by the L/C Issuer and the Borrower (or any Subsidiary) or in favor of the L/C Issuer and relating to such Letter of Credit. 

“Junior Indebtedness” means (i) any Subordinated Indebtedness and (ii) the Convertible Notes. 

“Laws” means, collectively, all international, foreign, Federal, state and local statutes, treaties, rules, guidelines,
regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and
all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“Landlord Access Agreement” shall mean a Landlord Access Agreement, substantially in the form of Exhibit K,
or such other form as may reasonably be acceptable to the Administrative Agent. 
 “L/C Advance” means, with
respect to each Revolving Credit Lender, such Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Revolving Credit Percentage. All L/C Advances shall be denominated in Dollars. 

“L/C Borrowing” means an extension of credit resulting from a drawing under any Letter of Credit which has not been
reimbursed on the date when made or refinanced as a Revolving Credit Borrowing. All L/C Borrowings shall be denominated in Dollars. 

“L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date
thereof, or the increase of the amount thereof. 
 “L/C Issuer” means Bank of America in its capacity as issuer
of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder. 
 “L/C Obligations”
means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of computing the amount
available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired
by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

“Lead Arrangers” means Banc of America Securities LLC and Morgan Stanley Senior Funding, Inc., in their capacity as
joint lead arrangers and joint book runners. 
 “Lender” has the meaning specified in the introductory
paragraph hereto and, as the context requires, includes the Swing Line Lender. 
 “Lending Office” means, as to
any Lender, the office or offices of such Lender described as such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent. 

“Letter of Credit” means any standby letter of credit issued hereunder. Letters of Credit may be issued in Dollars or in
an Alternative Currency. 
  

 -16- 

 “Letter of Credit Application” means an application and agreement for the
issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer. 
 “Letter of Credit
Expiration Date” means the day that is seven days prior to the Maturity Date then in effect for the Revolving Credit Facility (or, if such day is not a Business Day, the next preceding Business Day). 

“Letter of Credit Fee” has the meaning specified in Section 2.03(h). 

“Letter of Credit Sublimit” means an amount equal to $40.0 million. The Letter of Credit Sublimit is part of, and
not in addition to, the Revolving Credit Facility. 
 “Lien” means any mortgage, pledge, hypothecation,
assignment, deposit arrangement, encumbrance, lien (statutory or other), charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any
conditional sale or other title retention agreement, any easement, right of way or other encumbrance on title to real property, and any financing lease having substantially the same economic effect as any of the foregoing). 

“Loan” means an extension of credit by a Lender to the Borrower under Article II in the form of a Term Loan, a
Revolving Credit Loan or a Swing Line Loan. 
 “Loan Documents” means, collectively, (a) this Agreement,
(b) the Notes, (c) any agreement creating or perfecting rights in cash collateral pursuant to the provisions of Section 2.14 of this Agreement, (d) the Guaranty, (e) the Collateral Documents, (f) the Fee Letter
and (g) each Issuer Document. 
 “Loan Parties” means, collectively, the Borrower and each Guarantor.

 “Lombard Agreement” means that certain Facility Agreement dated June 27, 2008 by and among SAVVIS UK
Limited, Holdings and Lombard North Central Plc. 
 “London Banking Day” means any day on which dealings in
Dollar deposits are conducted by and between banks in the London interbank eurodollar market. 
 “Material Adverse
Effect” means (a) a material adverse change in, or a material adverse effect upon, the operations, business, properties, liabilities (actual or contingent) or financial condition of Holdings or Holdings and its Subsidiaries taken as a
whole; (b) a material impairment of the rights and remedies of the Administrative Agent or any Lender under any Loan Document, or of the ability of any Loan Party to perform its obligations under any Loan Document to which it is a party; or
(c) a material adverse effect upon the legality, validity, binding effect or enforceability against any Loan Party of any Loan Document to which it is a party. 

“Maturity Date” means (a) with respect to the Revolving Credit Facility, the date that is three and one-half years
from the date hereof and (b) with respect to the Term Facility, the sixth anniversary of the date hereof; provided, however, that, in each case, if such date is not a Business Day, the Maturity Date shall be the next preceding
Business Day. 
 “Measurement Period” means, at any date of determination, the most recently completed four
fiscal quarters of Holdings. 
 “Moody’s” means Moody’s Investors Service, Inc. and any successor
thereto. 
 “Mortgage” means an agreement, including, but not limited to, a mortgage, deed of trust or any
other document, creating and evidencing a Lien on a Mortgaged Property, which shall be in form reasonably satisfactory to the Administrative Agent, in each case, with such schedules and including such provisions as shall be necessary to conform such
document to applicable local or foreign law or as shall be customary under applicable local or foreign law. 
  

 -17- 

 “Mortgaged Property” means each Real Property of the Loan Parties subject
to a Mortgage. 
 “Multiemployer Plan” means any employee benefit plan of the type described in
Section 4001(a)(3) of ERISA, to which the Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

“Multiple Employer Plan” means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA
Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA. 

“Net Cash Proceeds” means: 

(a) with respect to any Disposition by Holdings or any of its Subsidiaries, or any Extraordinary Receipt received or paid
to the account of Holdings or any of its Subsidiaries, the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such transaction (including any cash or Cash Equivalents received by way of deferred payment
pursuant to, or by monetization of, a note receivable or otherwise, but only as and when so received) over (ii) the sum of (A) the principal amount of any Indebtedness that is secured by the applicable asset and that is required to be
repaid in connection with such transaction (other than Indebtedness under the Loan Documents), (B) the reasonable and customary out-of-pocket expenses incurred by Holdings or such Subsidiary in connection with such transaction and
(C) income taxes reasonably estimated to be actually payable within two years of the date of the relevant transaction as a result of any gain recognized in connection therewith; provided that, if the amount of any estimated taxes
pursuant to subclause (C) exceeds the amount of taxes actually required to be paid in cash in respect of such Disposition, the aggregate amount of such excess shall constitute Net Cash Proceeds; and 

(b) with respect to the incurrence or issuance of any Indebtedness by Holdings or any of its Subsidiaries, the excess of
(i) the sum of the cash and Cash Equivalents received in connection with such transaction over (ii) the underwriting discounts and commissions, and other reasonable and customary out-of-pocket expenses, incurred by Holdings or such
Subsidiary in connection therewith. 
 “Non-Extension Notice Date” has the meaning specified in
Section 2.03(b)(iii). 
 “Note” means a Term Note or a Revolving Credit Note, as the context may
require. 
 “Obligations” means all advances to, and debts, liabilities, obligations, covenants and duties of,
any Loan Party arising under any Loan Document or otherwise with respect to any Loan, Letter of Credit, Secured Cash Management Agreement or Secured Hedge Agreement, in each case whether direct or indirect (including those acquired by assumption),
absolute or contingent, due or to become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party or any Affiliate thereof of any proceeding under any Debtor Relief Laws
naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding. 

“Organization Documents” means (a) with respect to any corporation, the certificate or articles of incorporation
and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to any limited liability company, the certificate or articles of formation or organization and operating agreement;
and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with
respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of
such entity. 
 “Other Taxes” means any and all present or future stamp or documentary Taxes or any other
excise or similar Taxes arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement or any other Loan Document. 

 

 -18- 

 “Outstanding Amount” means (a) with respect to Term Loans, Revolving
Credit Loans and Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Term Loans, Revolving Credit Loans and Swing Line Loans, as the case may be,
occurring on such date; and (b) with respect to any L/C Obligations on any date, the Dollar Equivalent amount of the aggregate outstanding amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on
such date and any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements by the Borrower of Unreimbursed Amounts. 

“Overnight Rate” means, for any day, (a) with respect to any amount denominated in Dollars, the greater of
(i) the Federal Funds Rate and (ii) an overnight rate determined by the Administrative Agent, the L/C Issuer, as the case may be, in accordance with banking industry rules on interbank compensation, and (b) with respect to any amount
denominated in an Alternative Currency, the rate of interest per annum at which overnight deposits in the applicable Alternative Currency, in an amount approximately equal to the amount with respect to which such rate is being determined, would be
offered for such day by a branch or Affiliate of Bank of America in the applicable offshore interbank market for such currency to major banks in such interbank market. 

“Participant” has the meaning specified in Section 11.06(d). 

“Participating Member State” means each state so described in any EMU Legislation. 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Act” means the Pension Protection Act of 2006. 

“Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any
installment payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Code and Section 302 of ERISA, each as in effect prior to the Pension Act
and, thereafter, Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. 

“Pension Plan” means any employee pension benefit plan (including a Multiple Employer Plan or a Multiemployer Plan) that
is maintained or is contributed to by the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code. 

“Perfection Certificate” means a certificate in the form of Exhibit H-1 or any other form approved by the
Administrative Agent, as the same shall be supplemented from time to time by a Perfection Certificate Supplement or otherwise. 

“Perfection Certificate Supplement” means a certificate supplement in the form of Exhibit H-2 or any other form
approved by the Administrative Agent. 
 “Permitted Encumbrances” means those Liens described in clauses (a),
(c), (d), (g), (k) and (o) of Section 7.01. 
 “Permitted Holder” means Welsh Carson;
provided, that Welsh Carson shall cease to be a Permitted Holder if it has the beneficial ownership of more than 50% of the equity securities of Holdings entitled to vote for members of the board of directors or equivalent governing body of
Holdings. 
 “Permitted Liens” means the Liens identified in Section 7.01. 

“Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company,
partnership, Governmental Authority or other entity. 
  

 -19- 

 “Plan” means any employee benefit plan within the meaning of
Section 3(3) of ERISA (including a Pension Plan), maintained for employees of the Borrower or any ERISA Affiliate or any such Plan to which the Borrower or any ERISA Affiliate is required to contribute on behalf of any of its employees.

 “Platform” has the meaning specified in Section 6.02. 

“Pledged Securities” has the meaning specified in the Security Agreement. 

“Pro Forma Basis” means on a basis in accordance with GAAP and Regulation S-X promulgated under the Securities Act of
1993, as amended, and otherwise reasonably satisfactory to the Administrative Agent and for purposes of calculating the financial covenants set forth in Section 7.11 or any other financial ratio or test, such calculation shall be made in
accordance with Section 1.11 hereof. 
 “Proprietary Rights” means (a) all inventions (whether
patentable or unpatentable and whether or not reduced to practice), all improvements thereto, and all patents, patent applications, and patent disclosures, together with all reissuances, continuations, continuations-in-part, revisions, extensions,
and reexaminations thereof, (b) all trademarks, service marks, trade dress, logos, trade names, and corporate names, together with all translations, adaptations, derivations, and combinations thereof and including all goodwill associated
therewith, and all applications, registrations, and renewals in connection therewith, (c) all copyrightable works, all copyrights, and all applications, registrations, and renewals in connection therewith, (d) all mask works and all
applications, registrations, and renewals in connection therewith, (e) all trade secrets and confidential business information (including ideas, research and development, know-how, formulas, compositions, manufacturing and production processes
and techniques, technical data, designs, drawings, specifications, customer and supplier lists, pricing and cost information, and business and marketing plans and proposals), (f) all computer software (including data and related documentation),
(g) all other proprietary rights, and (h) all copies and tangible embodiments thereof (in whatever form or medium). 

“Public Lender” has the meaning specified in Section 6.02. 

“Qualified Capital Stock” of any person shall mean any Equity Interests of such person that are not Disqualified Capital
Stock. 
 “Real Property” means, collectively, all right, title and interest (including any leasehold, mineral
or other estate) in and to any and all parcels of or interests in real property owned, leased or operated by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating
thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof. 

“Reduction Amount” has the meaning set forth in Section 2.05(b)(viii). 

“Register” has the meaning specified in Section 11.06(c). 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors,
officers, employees, agents, trustees and advisors of such Person and of such Person’s Affiliates. 
 “Reportable
Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period has been waived. 

“Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Term Loans or
Revolving Credit Loans, a Committed Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice. 

“Required Lenders” means, as of any date of determination, Lenders holding more than 50% of the sum of the
(a) Total Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender for
purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be
excluded for purposes of making a determination of Required Lenders. 
  

 -20- 

 “Required Revolving Lenders” means, as of any date of determination,
Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing
Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition) and (b) aggregate unused Revolving Credit Commitments; provided that the unused Revolving Credit Commitment of, and the portion of
the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Revolving Lenders. 

“Required Term Lenders” means, as of any date of determination, Term Lenders holding more than 50% of the Term Facility
on such date; provided that the portion of the Term Facility held by any Defaulting Lender shall be excluded for purposes of making a determination of Required Term Lenders. 

“Requirements of Law” means, collectively, any and all applicable requirements of any Governmental Authority, including
any and all Laws. 
 “Responsible Officer” means the chief executive officer, president, chief financial
officer, treasurer, assistant treasurer or controller of a Loan Party and solely for purposes of the delivery of incumbency certificates pursuant to Section 4.01, the secretary or any assistant secretary of a Loan Party. Any document
delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Loan Party and such Responsible
Officer shall be conclusively presumed to have acted on behalf of such Loan Party. 
 “Restricted Payment”
means any dividend or other distribution (whether in cash, securities or other property) with respect to any capital stock or other Equity Interest of any Person or any of its Subsidiaries, or any payment (whether in cash, securities or other
property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any such capital stock or other Equity Interest, or on account of any return of
capital to any Person’s stockholders, partners or members (or the equivalent of any thereof), or any option, warrant or other right to acquire any such dividend or other distribution or payment. 

“Revaluation Date” means with respect to any Letter of Credit, each of the following: (i) each date of issuance of
a Letter of Credit denominated in an Alternative Currency, (ii) each date of an amendment of any such Letter of Credit having the effect of increasing the amount thereof (solely with respect to the increased amount), (iii) each date of any
payment by the L/C Issuer under any Letter of Credit denominated in an Alternative Currency, and (iv) such additional dates as the Administrative Agent or the L/C Issuer shall reasonably determine or the Required Lenders shall reasonably
require. 
 “Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving Credit Loans of
the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b). 

“Revolving Credit Commitment” means, as to each Revolving Credit Lender, its obligation to (a) make Revolving
Credit Loans to the Borrower pursuant to Section 2.01(b), (b) purchase participations in L/C Obligations, and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not to
exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party
hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. 
 “Revolving
Credit Facility” means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time. 
  

 -21- 

 “Revolving Credit Lender” means, at any time, any Lender that has a
Revolving Credit Commitment at such time. 
 “Revolving Credit Loan” has the meaning specified in
Section 2.01(b). 
 “Revolving Credit Note” means a promissory note made by the Borrower in favor
of a Revolving Credit Lender evidencing Revolving Credit Loans or Swing Line Loans, as the case may be, made by such Revolving Credit Lender, substantially in the form of Exhibit C-2. 

“S&P” means Standard & Poor’s Ratings Services, a division of The McGraw-Hill Companies, Inc., and any
successor thereto. 
 “SEC” means the Securities and Exchange Commission, or any Governmental Authority
succeeding to any of its principal functions. 
 “Secured Cash Management Agreement” means any Cash Management
Agreement that is entered into by and between the Borrower or any of its Subsidiaries and any Cash Management Bank. 

“Secured Hedge Agreement” means any Swap Contract required or permitted under Article VI or VII that is
entered into by and between the Borrower or any of its Subsidiaries and any Hedge Bank. 
 “Secured
Obligations” means (a) the Obligations, (b) the due and punctual payment and performance of all obligations of the Borrower or its Subsidiaries under each Secured Hedge Agreement, and (c) the due and punctual payment and
performance of all obligations of the Borrower or its Subsidiaries (including overdrafts and related liabilities) under each Secured Cash Management Agreement. 

“Secured Parties” means, collectively, the Administrative Agent, the Lenders, the L/C Issuer, the Hedge Banks, the Cash
Management Banks, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other Persons to whom the Obligations are owing and which Obligations are or are purported to be
secured by the Collateral under the terms of the Collateral Documents. 
 “Security Agreement” has the meaning
specified in Section 4.01(a)(iii). 
 “Solvent” and “Solvency” mean, with respect
to any Person on any date of determination, that on such date (a) the fair value of the property of such Person is greater than the total amount of liabilities, including contingent liabilities, of such Person, (b) the present fair salable
value of the assets of such Person is not less than the amount that will be required to pay the probable liability of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it
will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which
such Person’s property would constitute an unreasonably small capital, and (e) such Person is able to pay its debts and liabilities, contingent obligations and other commitments as they mature in the ordinary course of business. The amount
of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability.

 “Specified Transaction” means any (a) Disposition of all or substantially all the assets of or all the
Equity Interests of any Subsidiary or of any business unit, line of business or division of the Borrower or any of its Subsidiaries, (b) acquisition pursuant to Section 7.03(g) or (c) the proposed incurrence of Indebtedness or
making of a Restricted Payment in respect of which compliance with the financial covenants set forth in Section 7.11 is by the terms of this Agreement required to be calculated on a Pro Forma Basis. 

“Spot Rate” for a currency means the rate determined by the Administrative Agent or the L/C Issuer, as applicable, which
may, at the option of the Administrative Agent or the L/C Issuer, as applicable, be the rate published by Reuters (or such other commercially available source providing quotations of such rate as may be designated by the Administrative Agent or the
L/C Issuer from time to time) or the rate quoted by the Person acting in such capacity 
  

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as the spot rate for the purchase by such Person of such currency with another currency through its principal foreign exchange trading office at approximately 11:00 a.m. on the date two
Business Days prior to the date as of which the foreign exchange computation is made; provided that the Administrative Agent or the L/C Issuer may obtain such spot rate from another financial institution designated by the Administrative Agent
or the L/C Issuer if the Person acting in such capacity does not have as of the date of determination a spot buying rate for any such currency; and provided further that the L/C Issuer may use such spot rate quoted on the date as of
which the foreign exchange computation is made in the case of any Letter of Credit denominated in any Alternative Currency. 

“Sterling” and “£” mean the lawful currency of the United Kingdom. 

“Subordinated Indebtedness” shall mean Indebtedness of the Borrower or any Guarantor that is by its terms subordinated
in right of payment to the Obligations of the Borrower and such Guarantor, as applicable. 
 “Subsidiary” of a
Person means a corporation, partnership, joint venture, limited liability company or other business entity of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other
governing body (other than securities or interests having such power only by reason of the happening of a contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or
more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a “Subsidiary” or to “Subsidiaries” shall refer to a direct or indirect Subsidiary or Subsidiaries of Holdings. 

“Swap Contract” means (a) any and all rate 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 bond or forward bond price or forward bond index transactions,
interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or any other similar
transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, 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., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement. 

“Swap Termination Value” means, in respect of any one or more Swap Contracts, after taking into account the effect of
any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s),
and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily available quotations provided by
any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 
 “Swing Line
Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04. 
 “Swing Line
Lender” means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line lender hereunder. 

“Swing Line Loan” has the meaning specified in Section 2.04(a). 

“Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in
writing, shall be substantially in the form of Exhibit B. 
 “Swing Line Sublimit” means an amount equal
to the lesser of (a) $7.5 million and (b) the Revolving Credit Facility. The Swing Line Sublimit is part of, and not in addition to, the Revolving Credit Facility. 

 

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 “Synthetic Debt” means, with respect to any Person as of any date of
determination thereof, all obligations of such Person in respect of transactions entered into by such Person that are intended to function primarily as a borrowing of funds (including any minority interest transactions that function primarily as a
borrowing) but are not otherwise included in the definition of “Indebtedness” or as a liability on the consolidated balance sheet of such Person and its Subsidiaries in accordance with GAAP. 

“Synthetic Lease Obligation” means the monetary obligation of a Person under (a) a so-called synthetic, off-balance
sheet or tax retention lease, or (b) an agreement for the use or possession of property (including sale and leaseback transactions), in each case, creating obligations that do not appear on the balance sheet of such Person but which, upon the
application of any Debtor Relief Laws to such Person, would be characterized as the indebtedness of such Person (without regard to accounting treatment). 

“Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup
withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Tender Offer” means the cash tender offer for any and all of Convertible Notes pursuant to that certain Offer to
Purchase dated July 1, 2010. 
 “Term Borrowing” means a borrowing consisting of simultaneous Term Loans
of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term Lenders pursuant to Section 2.01(a). 

“Term Commitment” means, as to each Term Lender, its obligation to make Term Loans to the Borrower pursuant to
Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Term Commitment” or opposite such
caption in the Assignment and Assumption pursuant to which such Term Lender becomes a party hereto, as applicable, as such amount may be adjusted from time to time in accordance with this Agreement. 

“Term Facility” means the facility providing for the Borrowing of Term Loans. The initial aggregate amount of the Term
Facility is $550.0 million. 
 “Term Lender” means at any time any Lender that holds Term Loans at such
time. 
 “Term Loan” means an advance made by any Term Lender under the Term Facility. 

“Term Note” means a promissory note made by the Borrower in favor of a Term Lender, evidencing Term Loans made by such
Term Lender, substantially in the form of Exhibit C-1. 
 “Thomson Reuters” shall mean Thomson
Reuters Corporation, its Subsidiaries and its Affiliates. 
 “Threshold Amount” means $25.0 million.

 “Total Outstandings” means the aggregate Outstanding Amount of all Loans and all L/C Obligations.

 “Total Revolving Credit Outstandings” means the aggregate Outstanding Amount of all Revolving Credit Loans,
Swing Line Loans and L/C Obligations. 
 “Transaction” means, collectively, (a) the entering into by the
Loan Parties and their applicable Subsidiaries of the Loan Documents to which they are or are intended to be a party, (b) the refinancing of certain outstanding Indebtedness of Holdings and its Subsidiaries and the termination of all
commitments with respect thereto, including the Existing Credit Agreement, the Cisco Agreement and the Lombard Agreement, (c) the Tender Offer and (d) the payment of the fees and expenses incurred in connection with the consummation of the
foregoing. 
 “Type” means, with respect to a Loan, its character as a Base Rate Loan or a Eurodollar Rate
Loan. 
  

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 “UCC” means the Uniform Commercial Code as in effect in the State of New
York; provided that, if perfection or the effect of perfection or non-perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New
York, “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. 

“United States” and “U.S.” mean the United States of America. 

“Unreimbursed Amount” has the meaning specified in Section 2.03(c)(i). 

“Voting Stock” means Equity Interests of the class or classes pursuant to which the holders thereof have the general
voting power under ordinary circumstances to elect at least a majority of the board of directors, managers or trustees of a corporation (irrespective of whether or not at the time Equity Interests of any other class or classes shall have or might
have voting power by reason or the happening of any contingency). 
 “Welsh Carson” means Welsh, Carson,
Anderson & Stowe VI, L.P.; Welsh, Carson, Anderson & Stowe VII, L.P.; Welsh, Carson, Anderson & Stowe VIII, L.P.; WCAS Information Partners, L.P.; WCAS Capital Partners II, L.P.; WCAS VI Partners, L.P.; WCAS VII Partners,
L.P.; WCAS VIII Associates; WCAS INFO Partners; WCAS CP II Partners; any Investment Affiliate; and the individual general partners of each of the foregoing partnerships. 

“Wholly Owned Subsidiary” means, as to any Person, (a) any corporation 100% of whose capital stock (other than
directors’ qualifying shares) is at the time owned by such Person and/or one or more Wholly Owned Subsidiaries of such Person and (b) any partnership, association, joint venture, limited liability company or other entity in which such
Person and/or one or more Wholly Owned Subsidiaries of such Person have a 100% equity interest at such time. 
 1.02. Other
Interpretive Provisions. With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other Loan Document: 

(a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever
the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without
limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument or other
document (including any Organization Document) shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments,
supplements or modifications set forth herein or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words “hereto,”
“herein,” “hereof” and “hereunder,” and words of similar import when used in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any particular provision thereof,
(iv) all references in a Loan Document to Articles, Sections, Preliminary Statements, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Preliminary Statements, Exhibits and Schedules to, the Loan Document in
which such references appear, (v) any reference to any law shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise
specified, refer to such law or regulation as amended, modified or supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all
tangible and intangible assets and properties, including cash, securities, accounts and contract rights. 
 (b)
In the computation of periods of time from a specified date to a later specified date, the word “from” means “from and including”; the words “to” and “until” each mean “to but excluding”; and the
word “through” means “to and including.” 
  

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 (c) Section headings herein and in the other Loan Documents are included for
convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 
 1.03.
Accounting Terms. 
 (a) Generally. All accounting terms not specifically or completely defined herein shall be
construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in
effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining compliance
with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of Holdings and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC
825 and FASB ASC 470-20 on financial liabilities shall be disregarded. 
 (b) Changes in GAAP. If at any time any change
in GAAP (or a requirement that Holdings and its Subsidiaries commence the preparation of financial statements in accordance with IFRS) would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either the
Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP or the
adoption of IFRS, as the case may be (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and
(ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such
ratio or requirement made before and after giving effect to such change in GAAP or the adoption of IFRS, as the case may be. 

1.04. Rounding. Any financial ratios required to be maintained by the Borrower 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). 
 1.05. Times of Day. Unless otherwise specified, all references herein to times of day shall be
references to Central time (daylight or standard, as applicable). 
 1.06. Letter of Credit Amounts. Unless otherwise
specified herein, the amount of a Letter of Credit at any time shall be deemed to be the Dollar Equivalent of the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of
Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the Dollar Equivalent of the maximum
stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time. 

1.07. Exchange Rates; Currency Equivalents. 

(a) The Administrative Agent or the L/C Issuer, as applicable, shall determine the Spot Rates as of each Revaluation Date to be used for
calculating Dollar Equivalent amounts of Credit Extensions and Outstanding Amounts denominated in Alternative Currencies. Such Spot Rates shall become effective as of such Revaluation Date and shall be the Spot Rates employed in converting any
amounts between the applicable currencies until the next Revaluation Date to occur. Except for purposes of financial statements delivered by Loan Parties hereunder or calculating financial covenants hereunder or except as otherwise provided herein,
the applicable amount of any currency (other than Dollars) for purposes of the Loan Documents shall be such Dollar Equivalent amount as reasonably determined by the Administrative Agent or the L/C Issuer, as applicable. 

(b) Wherever in this Agreement in connection with the issuance, amendment or extension of a Letter of Credit, an amount, such as a
required minimum or multiple amount, is expressed in Dollars, but such Letter of Credit is denominated in an Alternative Currency, such amount shall be the relevant Alternative Currency Equivalent of such Dollar amount (rounded to the nearest unit
of such Alternative Currency, with 0.5 of a unit being rounded upward), as reasonably determined by the Administrative Agent or the L/C Issuer, as the case may be. 

 

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 1.08. Additional Alternative Currencies. 

(a) The Borrower may from time to time request that Letters of Credit be issued in a currency other than those specifically listed in the
definition of “Alternative Currency”; provided that such requested currency is a lawful currency (other than Dollars) that is readily available and freely transferable and convertible into Dollars. In the case of any such request
with respect to the issuance of Letters of Credit, such request shall be subject to the approval of the Administrative Agent, the L/C Issuer and each of the Revolving Credit Lenders. 

(b) Any such request shall be made to the Administrative Agent not later than 11:00 a.m., 10 Business Days prior to the date of the
desired Credit Extension (or such other time or date as may be agreed by the Administrative Agent and, in the case of any such request pertaining to Letters of Credit, the L/C Issuer, in its or their sole discretion). In the case of any such request
pertaining to Letters of Credit, the Administrative Agent shall promptly notify the L/C Issuer thereof. The L/C Issuer shall notify the Administrative Agent, not later than 11:00 a.m., 5 Business Days after receipt of such request whether it
consents, in its sole discretion, to the issuance of Letters of Credit, in such requested currency. 
 (c) Any failure by the
L/C Issuer to respond to such request within the time period specified in the preceding sentence shall be deemed to be a refusal by the L/C Issuer to permit Letters of Credit to be issued in such requested currency. If the Administrative Agent and
the L/C Issuer consent to the issuance of Letters of Credit in such requested currency, the Administrative Agent shall so notify the Borrower and such currency shall thereupon be deemed for all purposes to be an Alternative Currency hereunder for
purposes of any Letter of Credit issuances. If the Administrative Agent shall fail to obtain consent to any request for an additional currency under this Section 1.08, the Administrative Agent shall promptly so notify the Borrower.

 1.09. Change of Currency. 

(a) Each obligation of the Borrower to make a payment denominated in the national currency unit of any member state of the European Union
that adopts the Euro as its lawful currency after the date hereof shall be redenominated into Euros at the time of such adoption (in accordance with the EMU Legislation). If, in relation to the currency of any such member state, the basis of accrual
of interest expressed in this Agreement in respect of that currency shall be inconsistent with any conversion or practice in the London interbank market for the basis of accrual of interest in respect of the Euro, such expressed basis shall be
replaced by such convention or practice with effect from the date on which such member state adopts the Euro as its lawful currency. 

(b) Each provision of this Agreement shall be subject to such reasonable changes of construction as the Administrative Agent may from
time to time specify to be appropriate to reflect the adoption of the Euro by any member state of the European Union and any relevant market conventions or practices relating to the Euro. 

(c) Each provision of this Agreement also shall be subject to such reasonable changes of construction as the Administrative Agent may
from time to time specify to be appropriate to reflect a change in currency of any other country and any relevant market conventions or practices relating to the change in currency. 

1.10. Cumulative Credit Transactions. If more than one action occurs on any given date the permissibility of the taking of which
is determined hereunder by reference to the amount of the Cumulative Credit immediately prior to the taking of such action, the permissibility of the taking of each such action shall be determined independently and in no event may any two or more
such actions be treated as occurring simultaneously. 
 1.11. Pro Forma Calculations. 

(a) Notwithstanding anything to the contrary contained herein, financial ratios and tests (including the Consolidated Leverage Ratio and
Consolidated Fixed Charge Coverage Ratio) pursuant to this Agreement shall be calculated in the manner prescribed by this Section 1.11. 
  

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 (b) In the event that Holdings or any Subsidiary incurs, assumes, guarantees, redeems,
repays, retires or extinguishes any Indebtedness (other than Indebtedness incurred or repaid under any revolving credit facility unless such Indebtedness has been permanently repaid and has not been replaced) during the applicable Measurement Period
or subsequent to the end of the Measurement Period for which such financial ratio or test is being calculated but prior to or simultaneously with the event for which such calculation is being made, then such financial ratio or test shall be
calculated giving pro forma effect to such incurrence, assumption, guarantee, redemption, repayment, retirement or extinguishment of Indebtedness, as if the same had occurred on the last day of the applicable Measurement Period (except in the case
of the Consolidated Fixed Charge Coverage Ratio (or similar ratio), such incurrence, assumption, guarantee, redemption, repayment, retirement or extinguishment of Indebtedness, as if the same had occurred on the first day of the applicable
Measurement Period). 
 (c) For purposes of calculating any financial ratio or test, Specified Transactions that have been made
by Holdings or any of its Subsidiaries during the applicable Measurement Period or subsequent to such Measurement Period and prior to or simultaneously with the event for which such calculation is being made shall be calculated on a pro forma basis
assuming that all such Specified Transactions (and the change in Consolidated EBITDA resulting therefrom) had occurred on the first day of the applicable Measurement Period. 

(d) Notwithstanding the foregoing, when calculating the Consolidated Fixed Charge Coverage Ratio and Consolidated Leverage Ratio for the
purposes of Section 7.11, the events described in Sections 1.11(b) and (c) above that occurred subsequent to the end of the Measurement Period shall not be given pro forma effect. 

ARTICLE II 
 THE
COMMITMENTS AND CREDIT EXTENSIONS 
 2.01. The Loans. 

(a) The Term Borrowing. Subject to the terms and conditions set forth herein, each Term Lender severally agrees to make a single
loan to the Borrower on the Closing Date in an amount not to exceed such Term Lender’s Term Commitment. The Term Borrowing shall consist of Term Loans made simultaneously by the Term Lenders in accordance with their respective Term Commitments.
Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein. 

(b) The Revolving Credit Borrowings. Subject to the terms and conditions set forth herein, each Revolving Credit Lender severally
agrees to make loans (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at any time outstanding the amount of such
Lender’s Revolving Credit Commitment; provided, however, that after giving effect to any Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and
(ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Lender, plus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Revolving Credit
Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s
Revolving Credit Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving
Credit Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. 
 2.02. Borrowings, Conversions
and Continuations of Loans. 
 (a) Each Term Borrowing, each Revolving Credit Borrowing, each conversion of Term Loans or
Revolving Credit Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each such notice must be
received by the Administrative Agent not later than 11:00 a.m. (i) three Business Days prior to the requested date of any Borrowing of, conversion to or continuation of Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base
Rate Loans and (ii) on the requested date of any Borrowing of Base Rate 
  

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Loans; provided, however, that if the Borrower wishes to request Eurodollar Rate Loans having an Interest Period other than one, two, three or six months in duration as provided in
the definition of “Interest Period,” the applicable notice must be received by the Administrative Agent not later than 11:00 a.m. four Business Days prior to the requested date of such Borrowing, conversion or continuation, whereupon the
Administrative Agent shall give prompt notice to the Appropriate Lenders of such request and determine whether the requested Interest Period is acceptable to all of them. Not later than 11:00 a.m., three Business Days before the requested date of
such Borrowing, conversion or continuation, the Administrative Agent shall notify the Borrower (which notice may be by telephone) whether or not the requested Interest Period has been consented to by all the Lenders. Each telephonic notice by the
Borrower pursuant to this Section 2.02(a) must be confirmed promptly by delivery to the Administrative Agent of a written Committed Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing
of, conversion to or continuation of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or
conversion to Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of $100,000 in excess thereof. Each Committed Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Term
Borrowing, a Revolving Credit Borrowing, a conversion of Term Loans or Revolving Credit Loans from one Type to the other, or a continuation of Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the
case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of Loans to be borrowed or to which existing Term Loans or Revolving Credit Loans are to be converted,
and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of Loan in a Committed Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or
continuation, then the applicable Term Loans or Revolving Credit Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect
with respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans in any such Committed Loan Notice, but fails to specify an Interest Period, it will be deemed to
have specified an Interest Period of one month. Notwithstanding anything to the contrary herein, a Swing Line Loan may not be converted to a Eurodollar Rate Loan. 

(b) Following receipt of a Committed Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its
Applicable Percentage under the applicable Facility of the applicable Term Loans or Revolving Credit Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Lender of the
details of any automatic conversion to Base Rate Loans described in Section 2.02(a). In the case of a Term Borrowing or a Revolving Credit Borrowing, each Appropriate Lender shall make the amount of its Loan available to the
Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m. on the Business Day specified in the applicable Committed Loan Notice. Upon satisfaction of the applicable conditions set forth in
Section 4.02 (and, if such Borrowing is the initial Credit Extension, Section 4.01), the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent
either by (i) crediting the account of the Borrower on the books of Bank of America with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to)
the Administrative Agent by the Borrower; provided, however, that if, on the date a Committed Loan Notice with respect to a Revolving Credit Borrowing is given by the Borrower, there are L/C Borrowings outstanding, then the proceeds of
such Revolving Credit Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings, and second, shall be made available to the Borrower as provided above. 

(c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted only on the last day of an Interest Period
for such Eurodollar Rate Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans without the consent of the Required Lenders. 

(d) The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any Interest Period
for Eurodollar Rate Loans upon determination of such interest rate, but in no event later than the first day of the applicable Interest Period. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and
the Lenders of any change in Bank of America’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 
  

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 (e) After giving effect to all Term Borrowings, all conversions of Term Loans from one Type
to the other, and all continuations of Term Loans as the same Type, there shall not be more than six Interest Periods in effect in respect of the Term Facility. After giving effect to all Revolving Credit Borrowings, all conversions of Revolving
Credit Loans from one Type to the other, and all continuations of Revolving Credit Loans as the same Type, there shall not be more than six Interest Periods in effect in respect of the Revolving Credit Facility. 

2.03. Letters of Credit. 

(a) The Letter of Credit Commitment. (i) Subject to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in
reliance upon the agreements of the Revolving Credit Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue
Letters of Credit denominated in Dollars or in one or more Alternative Currencies for the account of the Borrower, Holdings or its Subsidiaries, and to amend Letters of Credit previously issued by it, in accordance with Section 2.03(b),
and (2) to honor drawings under the Letters of Credit; and (B) the Revolving Credit Lenders severally agree to participate in Letters of Credit issued for the account of the Borrower or its Subsidiaries and any drawings thereunder;
provided that after giving effect to any L/C Credit Extension with respect to any Letter of Credit, (x) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, (y) the aggregate Outstanding Amount of
the Revolving Credit Loans of any Revolving Credit Lender, plus such Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Revolving Credit Percentage
of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Revolving Credit Commitment, and (z) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the
Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Borrower that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within
the foregoing limits, and subject to the terms and conditions hereof, the Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the foregoing period, obtain Letters of Credit to
replace Letters of Credit that have expired or that have been drawn upon and reimbursed. 
 (ii) The L/C Issuer shall not issue
any Letter of Credit if: 
 (A) Subject to Section 2.03(b)(iii), the expiry date of such requested
Letter of Credit would occur more than twelve months after the date of issuance or last extension, unless the Required Revolving Lenders have approved such expiry date; or 

(B) the expiry date of the requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless
(i) such Letter of Credit has an expiry no later than nine months after the Letter of Credit Expiration Date and (ii) no more than $25.0 million of Letters of Credit have been issued with an expiry date after the Letter of Credit
Expiration Date. 
 (iii) The L/C Issuer shall not be under any obligation to issue any Letter of Credit if: 

(A) any order, judgment or decree of any Governmental Authority or arbitrator shall by its terms purport to enjoin or
restrain the L/C Issuer from issuing the Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over the L/C Issuer shall
prohibit, or request that the L/C Issuer refrain from, the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon the L/C Issuer with respect to the Letter of Credit any restriction, reserve or capital
requirement (for which the L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the Closing Date and which the
L/C Issuer in good faith deems material to it; 
 (B) the issuance of the Letter of Credit would violate one or
more policies of the L/C Issuer applicable to letters of credit generally; 
  

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 (C) except as otherwise agreed by the Administrative Agent and the L/C
Issuer, the Letter of Credit is in an initial stated amount less than $15,000; 
 (D) except as otherwise agreed
by the Administrative Agent and the L/C Issuer, such Letter of Credit is to be denominated in a currency other than Dollars or an Alternative Currency; 

(E) the L/C Issuer does not as of the issuance date of such requested Letter of Credit issue Letters of Credit in the
requested currency; 
 (F) any Revolving Credit Lender is at that time a Defaulting Lender, unless the L/C Issuer
has entered into arrangements, including the delivery of Cash Collateral, satisfactory to the L/C Issuer (in its sole discretion) with the Borrower or such Lender to eliminate the L/C Issuer’s actual or potential Fronting Exposure (after giving
effect to Section 2.15(a)(iv)) with respect to the Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which the L/C Issuer has actual or
potential Fronting Exposure, as it may elect in its sole discretion; or 
 (G) the Letter of Credit contains any
provisions for automatic reinstatement of the stated amount after any drawing thereunder. 
 (iv) The L/C Issuer shall not amend
any Letter of Credit if the L/C Issuer would not be permitted at such time to issue such Letter of Credit in its amended form under the terms hereof. 

(v) The L/C Issuer shall be under no obligation to amend any Letter of Credit if (A) the L/C Issuer would have no obligation at such
time to issue such Letter of Credit in its amended form under the terms hereof, or (B) the beneficiary of such Letter of Credit does not accept the proposed amendment to such Letter of Credit. 

(vi) The L/C Issuer shall act on behalf of the Revolving Credit Lenders with respect to any Letters of Credit issued by it and the
documents associated therewith, and the L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article IX with respect to any acts taken or omissions suffered by the L/C Issuer in connection
with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in Article IX included the L/C Issuer with respect
to such acts or omissions, and (B) as additionally provided herein with respect to the L/C Issuer. 
 (b) Procedures for
Issuance and Amendment of Letters of Credit; Auto-Extension of Letters of Credit. (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Borrower delivered to the L/C Issuer (with a copy to the
Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower. Such Letter of Credit Application must be received by the L/C Issuer and the Administrative Agent not
later than 11:00 a.m. at least two Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole discretion) prior to the proposed issuance date or date of amendment,
as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested
Letter of Credit (which shall be a Business Day); (B) the amount and currency thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be presented by such beneficiary in
case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature of the requested Letter of Credit; and (H) such other matters as
the L/C Issuer may reasonably require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail satisfactory to the L/C Issuer (1) the Letter of Credit to
be amended; (2) the proposed date of amendment thereof (which shall be a Business Day); (3) the nature of the proposed amendment; and (4) such other matters as the L/C Issuer may require. Additionally, the Borrower shall furnish to
the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may reasonably
require. 
  

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 (ii) Promptly after receipt of any Letter of Credit Application, the L/C Issuer will confirm
with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of such Letter of Credit Application from the Borrower and, if not, the L/C Issuer will provide the Administrative Agent with a copy
thereof. Unless the L/C Issuer has received written notice from any Revolving Credit Lender, the Administrative Agent or any Loan Party, at least one Business Day prior to the requested date of issuance or amendment of the applicable Letter of
Credit, that one or more applicable conditions contained in Article IV shall not then be satisfied, then, subject to the terms and conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of the
Borrower (or the applicable Subsidiary) or enter into the applicable amendment, as the case may be, in each case in accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each Letter of Credit,
each Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such Revolving Credit
Lender’s Applicable Revolving Credit Percentage times the amount of such Letter of Credit. 
 (iii) If the Borrower
so requests in any applicable Letter of Credit Application, the L/C Issuer may, in its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”);
provided that any such Auto-Extension Letter of Credit must permit the L/C Issuer to prevent any such extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice
to the beneficiary thereof not later than a day (the “Non-Extension Notice Date”) in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the L/C Issuer, the
Borrower shall not be required to make a specific request to the L/C Issuer for any such extension. Once an Auto-Extension Letter of Credit has been issued, the Revolving Credit Lenders shall be deemed to have authorized (but may not require) the
L/C Issuer to permit the extension of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date (or such later date as permitted under Section 2.03(a)(ii)); provided, however,
that the L/C Issuer shall not permit any such extension if (A) the L/C Issuer has determined that it would not be permitted, or would have no obligation at such time to issue such Letter of Credit in its revised form (as extended) under the
terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is seven Business Days
before the Non-Extension Notice Date (1) from the Administrative Agent that the Required Revolving Lenders have elected not to permit such extension or (2) from the Administrative Agent, any Revolving Credit Lender or the Borrower that one
or more of the applicable conditions specified in Section 4.02 is not then satisfied, and in each such case directing the L/C Issuer not to permit such extension. 

(iv) Promptly after its delivery of any Letter of Credit or any amendment to a Letter of Credit to an advising bank with respect thereto
or to the beneficiary thereof, the L/C Issuer will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter of Credit or amendment. 

(c) Drawings and Reimbursements; Funding of Participations. (i) Upon receipt from the beneficiary of any Letter of Credit of any
notice of a drawing under such Letter of Credit, the L/C Issuer shall notify the Borrower and the Administrative Agent thereof. In the case of a Letter of Credit denominated in an Alternative Currency, the Borrower shall reimburse the L/C Issuer in
such Alternative Currency, unless (A) the L/C Issuer (at its option) shall have specified in such notice that it will require reimbursement in Dollars, or (B) in the absence of any such requirement for reimbursement in Dollars, the
Borrower shall have notified the L/C Issuer promptly following receipt of the notice of drawing that the Borrower will reimburse the L/C Issuer in Dollars. In the case of any such reimbursement in Dollars of a drawing under a Letter of Credit
denominated in an Alternative Currency, the L/C Issuer shall notify the Borrower of the Dollar Equivalent of the amount of the drawing promptly following the determination. Not later than 11:00 a.m. on the date of any payment by the L/C Issuer
under a Letter of Credit to be reimbursed in Dollars, or the applicable time on the date of any payment by the L/C Issuer under a Letter of Credit to be reimbursed in an Alternative Currency (each such date, an “Honor Date”),
the Borrower shall reimburse the L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing and in the applicable currency. If the Borrower fails to so reimburse the L/C Issuer by such time, the Administrative Agent
shall promptly notify each Revolving Credit Lender of the Honor Date, the amount of the unreimbursed drawing (expressed in Dollars in the amount of the Dollar Equivalent thereof in the case of a Letter of Credit denominated in an Alternative
Currency) (the “Unreimbursed Amount”), and the amount of such Revolving Credit Lender’s Applicable Revolving 

 

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Credit Percentage thereof. In such event, the Borrower shall be deemed to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to
the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Revolving Credit Commitments and the
conditions set forth in Section 4.02 (other than the delivery of a Committed Loan Notice). Any notice given by the L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if
promptly confirmed in writing; provided that the lack of such a prompt confirmation shall not affect the conclusiveness or binding effect of such notice. 

(ii) Each Revolving Credit Lender shall upon receipt of any notice pursuant to Section 2.03(c)(i) make funds available (and
the Administrative Agent may apply Cash Collateral provided for this purpose) for the account of the L/C Issuer, in Dollars, at the Administrative Agent’s Office for Dollar-denominated payments in an amount equal to its Applicable Revolving
Credit Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each Revolving Credit
Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the L/C Issuer in Dollars. 

(iii) With respect to any Unreimbursed Amount that is not fully refinanced by a Revolving Credit Borrowing of Base Rate Loans because the
conditions set forth in Section 4.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have incurred from the L/C Issuer an L/C Borrowing in the amount of the Unreimbursed Amount that is not so refinanced,
which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Revolving Credit Lender’s payment to the Administrative Agent for the account of the L/C Issuer
pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in satisfaction of its participation obligation under this
Section 2.03. 
 (iv) Until each Revolving Credit Lender funds its Revolving Credit Loan or L/C Advance pursuant to
this Section 2.03(c) to reimburse the L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable Revolving Credit Percentage of such amount shall be solely for the account of the L/C
Issuer. 
 (v) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans or L/C Advances to reimburse the
L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment,
defense or other right which such Lender may have against the L/C Issuer, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether
or not similar to any of the foregoing; provided, however, that each Revolving Credit Lender’s obligation to make Revolving Credit Loans pursuant to this Section 2.03(c) is subject to the conditions set forth in
Section 4.02 (other than delivery by the Borrower of a Committed Loan Notice ). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrower to reimburse the L/C Issuer for the amount of any payment
made by the L/C Issuer under any Letter of Credit, together with interest as provided herein. 
 (vi) If any Revolving Credit
Lender fails to make available to the Administrative Agent for the account of the L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in
Section 2.03(c)(ii), then, without limiting the other provisions of this Agreement, the L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for
the period from the date such payment is required to the date on which such payment is immediately available to the L/C Issuer at a rate per annum equal to the applicable Overnight Rate from time to time in effect, plus any administrative,
processing or similar fees customarily charged by the L/C Issuer in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Loan included in the
relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of the L/C Issuer submitted to any Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing under this
Section 2.03(c)(vi) shall be conclusive absent manifest error. 
  

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 (vii) If the L/C Issuer shall make any payment or disbursement pursuant to a drawing under a
Letter of Credit, then, (x) the unpaid amount thereof shall bear interest, for each day from and including the date such payment or disbursement is made to but excluding the Honor Date, at the Applicable Rate for Revolving Credit Loans that are
Base Rate Loans, and (y) unless the Borrower shall reimburse such payment or disbursement in full on the Honor Date, the unpaid amount thereof shall bear interest payable on demand, for each day from and including the Honor Date to but
excluding the date that the Borrower reimburses such payment or disbursement, at the rate per annum determined pursuant to Section 2.08(b). Interest accrued pursuant to this paragraph shall be for the account of the L/C Issuer, except
that interest accrued on and after the date of payment by any Revolving Credit Lender pursuant to this Section 2.03(c) to reimburse the L/C Issuer shall be for the account of such Lender to the extent of such payment. 

(d) Repayment of Participations. (i) At any time after the L/C Issuer has made a payment under any Letter of Credit and has
received from any Revolving Credit Lender such Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), if the Administrative Agent receives for the account of the L/C Issuer any payment in respect of the
related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Lender its
Applicable Revolving Credit Percentage thereof in Dollars and in the same funds as those received by the Administrative Agent. 

(ii) If any payment received by the Administrative Agent for the account of the L/C Issuer pursuant to Section 2.03(c)(i) is
required to be returned under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the L/C Issuer in its discretion), each Revolving Credit Lender shall pay to the Administrative Agent
for the account of the L/C Issuer its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned by such Lender, at a rate per
annum equal to the applicable Overnight Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement. 

(e) Obligations Absolute. The obligation of the Borrower to reimburse the L/C Issuer for each drawing under each Letter of Credit
and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the following: 

(i) any lack of validity or enforceability of such Letter of Credit, this Agreement, or any other Loan Document;

 (ii) the existence of any claim, counterclaim, setoff, defense or other right that the Borrower or any
Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the L/C Issuer or any other Person, whether in connection with
this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

(iii) any draft, demand, certificate or other document presented under such Letter of Credit proving to be forged,
fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of any document required in order to make a drawing under such Letter of
Credit; 
 (iv) any payment by the L/C Issuer under such Letter of Credit against presentation of a draft or
certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the
benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; 

 

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 (v) any adverse change in the relevant exchange rates or in the availability
of the relevant Alternative Currency to the Borrower or any Subsidiary or in the relevant currency market generally; or 

(vi) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing, including any other
circumstance that might otherwise constitute a defense available to, or a discharge of, the Borrower or any of its Subsidiaries. 

The Borrower shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered to it and, in the event
of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will promptly, but in no event later than one Business Day, notify the L/C Issuer. The Borrower shall be conclusively deemed to have waived any
such claim against the L/C Issuer and its correspondents unless such notice is given as aforesaid. 
 (f) Role of L/C
Issuer. Each Lender and the Borrower agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required
by the Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuer, the Administrative Agent, any of their
respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Revolving Credit
Lenders or the Required Revolving Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any document or
instrument related to any Letter of Credit or Issuer Document. The Borrower hereby assumes all risks of the acts or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided, however, that
this assumption is not intended to, and shall not, preclude the Borrower’s pursuing such rights and remedies as it may have against the beneficiary or transferee at law or under any other agreement. None of the L/C Issuer, the Administrative
Agent, any of their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described in clauses (i) through (vi) of Section 2.03(e);
provided, however, that anything in such clauses to the contrary notwithstanding, the Borrower may have a claim against the L/C Issuer, and the L/C Issuer may be liable to the Borrower, to the extent, but only to the extent, of any
direct, as opposed to consequential or exemplary, damages suffered by the Borrower which the Borrower proves were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful failure to pay under any Letter
of Credit after the presentation to it by the beneficiary of a sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit. In furtherance and not in limitation of the foregoing, the L/C Issuer may accept
documents that appear on their face to be in order, without responsibility for further investigation, regardless of any notice or information to the contrary, and the L/C Issuer shall not be responsible for the validity or sufficiency of any
instrument transferring or assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason. 

(g) Applicability of ISP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued,
the rules of the ISP shall apply to each Letter of Credit. 
 (h) Letter of Credit Fees. The Borrower shall pay to the
Administrative Agent for the account of each Revolving Credit Lender in accordance with its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable
Rate times the Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit; provided, however, any Letter of Credit Fees otherwise payable for the account of a Defaulting Lender with respect to any
Letter of Credit as to which such Defaulting Lender has not provided Cash Collateral satisfactory to the L/C Issuer pursuant to this Section 2.04 shall be payable, to the maximum extent permitted by applicable Law, to the other Lenders
in accordance with the upward adjustments in their respective Applicable Percentages allocable to such Letter of Credit pursuant to Section 2.15(a)(iv), with the balance of such fee, if any, payable to the L/C Issuer for its own account.
For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable
on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and

  

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(ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the daily amount available to be drawn under each standby Letter of Credit shall
be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required Revolving Lenders,
while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate. 
 (i) Fronting Fee and
Documentary and Processing Charges Payable to L/C Issuer. The Borrower shall pay directly to the L/C Issuer for its own account, in Dollars, a fronting fee with respect to each Letter of Credit, at the rate per annum specified in the Fee Letter,
computed on the Dollar Equivalent of the daily amount available to be drawn under such Letter of Credit on a quarterly basis in arrears. Such fronting fee shall be due and payable on the first Business Day after the end of each March, June,
September and December in respect of the most recently ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit
Expiration Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. In addition,
the Borrower shall pay directly to the L/C Issuer for its own account, in Dollars, the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer relating to letters of credit as
from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable. 

(j) Conflict with Issuer Documents. In the event of any conflict between the terms hereof and the terms of any Issuer Document,
the terms hereof shall control. 
 (k) Letters of Credit Issued for Holdings and Subsidiaries. Notwithstanding that a
Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, Holdings or a Subsidiary of the Borrower, the Borrower shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings
under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Holdings and its Subsidiaries inures to the benefit of the Borrower, and that the Borrower’s business derives substantial
benefits from the businesses of Holdings and such Subsidiaries. 
 2.04. Swing Line Loans. 

(a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line Lender agrees, in reliance upon the
agreements of the other Lenders set forth in this Section 2.04, may, in its sole discretion, make loans (each such loan, a “Swing Line Loan”) to the Borrower from time to time on any Business Day during the Availability
Period in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Revolving Credit Percentage of the Outstanding Amount
of Revolving Credit Loans and L/C Obligations of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Revolving Credit Commitment; provided, however, that after giving effect to any Swing Line Loan,
(i) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility at such time, and (ii) the aggregate Outstanding Amount of the Revolving Credit Loans of any Revolving Credit Lender at such time, plus such
Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of all L/C Obligations at such time, plus such Revolving Credit Lender’s Applicable Revolving Credit Percentage of the Outstanding Amount of
all Swing Line Loans at such time shall not exceed such Lender’s Revolving Credit Commitment, and provided further that the Borrower shall not use the proceeds of any Swing Line Loan to refinance any outstanding Swing Line Loan.
Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04. Each Swing Line
Loan shall bear interest only at a rate based on the Base Rate. Immediately upon the making of a Swing Line Loan, each Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line
Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Revolving Credit Lender’s Applicable Revolving Credit Percentage times the amount of such Swing Line Loan. 

 

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 (b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the
Borrower’s irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the
requested borrowing date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $200,000, and (ii) the requested borrowing date, which shall be a Business Day. Each such telephonic notice must be confirmed promptly
by delivery to the Swing Line Lender and the Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Promptly after receipt by the Swing Line Lender of any telephonic
Swing Line Loan Notice, the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will notify the
Administrative Agent (by telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any Revolving Credit Lender) prior to
2:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the first proviso to the first sentence of Section 2.04(a),
or (B) that one or more of the applicable conditions specified in Article IV is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date specified in
such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the Borrower at its office by crediting the account of the Borrower on the books of the Swing Line Lender in immediately available funds. 

(c) Refinancing of Swing Line Loans. (1)The Swing Line Lender at any time in its sole and absolute discretion may request, on
behalf of the Borrower (which hereby irrevocably authorizes the Swing Line Lender to so request on its behalf), that each Revolving Credit Lender make a Base Rate Loan in an amount equal to such Lender’s Applicable Revolving Credit Percentage
of the amount of Swing Line Loans then outstanding. Such request shall be made in writing (which written request shall be deemed to be a Committed Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02,
without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Revolving Credit Facility and the conditions set forth in Section 4.02. The Swing
Line Lender shall furnish the Borrower with a copy of the applicable Committed Loan Notice promptly after delivering such notice to the Administrative Agent. Each Revolving Credit Lender shall make an amount equal to its Applicable Revolving Credit
Percentage of the amount specified in such Committed Loan Notice available to the Administrative Agent in immediately available funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Swing Line Loan)
for the account of the Swing Line Lender at the Administrative Agent’s Office not later than 1:00 p.m. on the day specified in such Committed Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Revolving Credit Lender that
so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the Swing Line Lender. 

(i) If for any reason any Swing Line Loan cannot be refinanced by such a Revolving Credit Borrowing in accordance with
Section 2.04(c)(i), the request for Base Rate Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender that each of the Revolving Credit Lenders fund its risk participation in
the relevant Swing Line Loan and each Revolving Credit Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.04(c)(i) shall be deemed payment in respect of such participation.

 (ii) If any Revolving Credit Lender fails to make available to the Administrative Agent for the account of the Swing Line
Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover from such
Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the Swing Line Lender at a rate per
annum equal to the greater of the Federal Funds Rate and a rate determined by the Swing Line Lender in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the
Swing Line Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Credit Loan included in the relevant Revolving Credit
Borrowing or funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause
(iii) shall be conclusive absent manifest error. 
  

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 (iii) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans or to
purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment,
defense or other right which such Lender may have against the Swing Line Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition,
whether or not similar to any of the foregoing; provided, however, that each Revolving Credit Lender’s obligation to make Revolving Credit Loans pursuant to this Section 2.04(c) is subject to the conditions set forth
in Section 4.02. No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein. 

(d) Repayment of Participations. (i) At any time after any Revolving Credit Lender has purchased and funded a risk
participation in a Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof in the
same funds as those received by the Swing Line Lender. 
 (ii) If any payment received by the Swing Line Lender in respect of
principal or interest on any Swing Line Loan is required to be returned by the Swing Line Lender under any of the circumstances described in Section 11.05 (including pursuant to any settlement entered into by the Swing Line Lender in its
discretion), each Revolving Credit Lender shall pay to the Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount
is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the
Obligations and the termination of this Agreement. 
 (e) Interest for Account of Swing Line Lender. The Swing Line
Lender shall be responsible for invoicing the Borrower for interest on the Swing Line Loans. Until each Revolving Credit Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving
Credit Lender’s Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit Percentage shall be solely for the account of the Swing Line Lender. 

(f) Payments Directly to Swing Line Lender. The Borrower shall make all payments of principal and interest in respect of the Swing
Line Loans directly to the Swing Line Lender. 
 2.05. Prepayments. 

(a) Optional. (i) Subject to the last sentence of this Section 2.05(a)(i), the Borrower may, upon notice to the
Administrative Agent, at any time or from time to time voluntarily prepay Term Loans (subject to payment of any prepayment premium required by Section 2.05(a)(iii)) and Revolving Credit Loans in whole or in part; provided that
(A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (2) on the date of prepayment of Base Rate Loans; (B) any
prepayment of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof; and (C) any prepayment of Base Rate Loans shall be in a principal amount of $500,000 or a whole multiple of
$100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans
are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and of the amount of such Lender’s ratable portion of such prepayment (based on such
Lender’s Applicable Percentage in respect of the relevant Facility). If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified
therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Each prepayment of the outstanding Term Loans
pursuant to this Section 2.05(a) shall be applied to the principal repayment installments thereof, first, in direct order to such scheduled repayments due on the next four dates required under Section 2.07(a) following
such repayment and, second, on a pro rata basis among the repayments remaining to be made on each other date, and subject to Section 2.15, each such prepayment shall be paid to the Lenders in accordance with their respective
Applicable Percentages in respect 
  

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of each of the relevant Facilities. Notwithstanding anything to the contrary contained herein, the Borrower shall not be permitted to prepay the Term Facility pursuant to this
Section 2.05(a)(i) during the period from the Closing Date through the date ten Business Days thereafter. 
 (ii)
The Borrower may, upon notice to the Swing Line Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that
(A) such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the date of the prepayment, and (B) any such prepayment shall be in a minimum principal amount of $100,000. Each such notice
shall specify the date and amount of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein.

 (iii) In the event that, within one year of the Closing Date, the Borrower makes any voluntary prepayment of the Term Loans
of any Lender using proceeds of Indebtedness incurred by an Loan Party from a substantially concurrent issuance or incurrence of syndicated term loans provided by one or more banks or other financial institutions for which the interest rate payable
thereon is lower than the Eurodollar Rate on the date of such voluntary prepayment plus the Applicable Rate with respect to the Term Loans that are Eurodollar Rate Loans, such prepayment shall be accompanied by a payment of a 1.0% prepayment
premium on the principal amount of such Lender’s Term Loans prepaid. 
 (b) Mandatory. (i) Within ten Business Days
after financial statements have been, or should have been, delivered pursuant to Section 6.01(a) and the related Compliance Certificate has been, or should have been, delivered pursuant to Section 6.02(b), the Borrower shall,
in each fiscal year after the fiscal year ended December 31, 2010, prepay an aggregate principal amount of Loans equal to the excess (if any) of (A) 50% of Excess Cash Flow for the fiscal year covered by such financial statements
over (B) the aggregate principal amount of Term Loans prepaid pursuant to Section 2.05(a)(i) (such prepayments to be applied as set forth in clauses (v) and (viii) below); provided that for each fiscal year
after the fiscal year ended December 31, 2011, the percentage of Excess Cash Flow specified in clause (A) above will be: (i) 25% if Holdings’ Consolidated Leverage Ratio as of the end of the fiscal year or period covered by such
financial statements is less than 2.50:1.0 and greater than 2.00:1.0 and (ii) 0% if Holdings’ Consolidated Leverage Ratio as of the end of the fiscal year or period covered by such financial statements is less than or equal to 2.00:1.0.

 (ii) If Holdings or any of its Subsidiaries Disposes of any property (other than any Disposition of any property permitted by
Section 7.05(a), (b), (c), (d), (e) or (f)) which results in the realization by such Person of Net Cash Proceeds, the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of
such Net Cash Proceeds promptly upon receipt thereof by such Person (such prepayments to be applied as set forth in clauses (v) and (viii) below); provided, however, that, with respect to any Net Cash Proceeds realized under
a Disposition described in this Section 2.05(b)(ii), at the election of the Borrower (as notified by the Borrower to the Administrative Agent on or prior to the date of such Disposition), and so long as no Default shall have occurred and
be continuing, Holdings or such Subsidiary may reinvest all or any portion of such Net Cash Proceeds in operating assets so long as (x) within 360 days after the receipt of such Net Cash Proceeds, such purchase shall have been consummated or
(y) if Holdings or such Subsidiary enters into a legally binding commitment to reinvest such Net Cash Proceeds within 270 days after receipt of such Net Cash Proceeds, within 270 days of the date of such legally binding commitment (as certified
by the Borrower in writing to the Administrative Agent); and provided further, however, that any Net Cash Proceeds not so reinvested shall be promptly applied to the prepayment of the Loans as set forth in this
Section 2.05(b)(ii). 
 (iii) Upon the incurrence or issuance by Holdings or any of its Subsidiaries of any
Indebtedness (other than Indebtedness expressly permitted to be incurred or issued pursuant to Section 7.02), the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received therefrom
promptly upon receipt thereof by Holdings or such Subsidiary (such prepayments to be applied as set forth in clauses (v) and (viii) below). 
  

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 (iv) Upon any Extraordinary Receipt received by or paid to or for the account of Holdings or
any of its Subsidiaries, and not otherwise included in clause (ii) or (iii) of this Section 2.05(b), the Borrower shall prepay an aggregate principal amount of Loans equal to 100% of all Net Cash Proceeds received therefrom
promptly upon receipt thereof by Holdings or such Subsidiary (such prepayments to be applied as set forth in clauses (v) and (viii) below); provided, however, that with respect to any proceeds of insurance, condemnation
awards (or payments in lieu thereof) or indemnity payments, at the election of the Borrower (as notified by the Borrower to the Administrative Agent on or prior to the date of receipt of such insurance proceeds, condemnation awards or indemnity
payments), and so long as no Default shall have occurred and be continuing, Holdings or such Subsidiary may reinvest all or any portion of such proceeds in operating assets so long as (x) within 360 days after the receipt of such proceeds,
such purchase shall have been consummated or (y) if Holdings or such Subsidiary enters into a legally binding commitment to reinvest such Net Cash Proceeds within 270 days after receipt of such Net Cash Proceeds, within 270 days of the date of
such legally binding commitment (as certified by the Borrower in writing to the Administrative Agent); and provided, further, however, that any cash proceeds not so applied shall be promptly applied to the prepayment of the
Loans as set forth in this Section 2.05(b)(iv). 
 (v) Each prepayment of Loans pursuant to the foregoing provisions
of this Section 2.05(b) shall be applied, first, to the Term Facility and to the principal repayment installments thereof on a pro-rata basis and, second, to the Revolving Credit Facility in the manner set forth in clause
(viii) of this Section 2.05(b). 
 (vi) Notwithstanding any of the other provisions of clause (ii) or
(iv) of this Section 2.05(b), so long as no Default shall have occurred and be continuing, if, on any date on which a prepayment would otherwise be required to be made pursuant to clause (ii) or (iv) of this
Section 2.05(b), the aggregate amount of Net Cash Proceeds required by such clause to be applied to prepay Loans on such date is less than or equal to $5,000,000, the Borrower may defer such prepayment until the first date on which the
aggregate amount of Net Cash Proceeds or other amounts otherwise required under clause (ii) or (iv) of this Section 2.05(b) to be applied to prepay Loans exceeds $5,000,000. During such deferral period the Borrower may apply
all or any part of such aggregate amount to prepay Revolving Credit Loans and may, subject to the fulfillment of the applicable conditions set forth in Article IV, reborrow such amounts (which amounts, to the extent originally
constituting Net Cash Proceeds, shall be deemed to retain their original character as Net Cash Proceeds when so reborrowed) for application as required by this Section 2.05(b). Upon the occurrence of a Default during any such deferral
period, the Borrower shall promptly prepay the Loans in the amount of all Net Cash Proceeds received by the Borrower and other amounts, as applicable, that are required to be applied to prepay Loans under this Section 2.05(b) (without
giving effect to the first and second sentences of this clause (vi)) but which have not previously been so applied. 

(vii) If for any reason the Total Revolving Credit Outstandings at any time exceed the Revolving Credit Facility at such time, the
Borrower shall promptly, but in no event later than one Business Day, prepay Revolving Credit Loans, Swing Line Loans and L/C Borrowings and/or Cash Collateralize the L/C Obligations (other than the L/C Borrowings) in an aggregate amount equal to
such excess. 
 (viii) Prepayments of the Revolving Credit Facility made pursuant to this Section 2.05(b),
first, shall be applied ratably to the L/C Borrowings and the Swing Line Loans, second, shall be applied ratably to the outstanding Revolving Credit Loans, and, third, shall be used to Cash Collateralize the remaining L/C
Obligations; and, in the case of prepayments of the Revolving Credit Facility required pursuant to clause (i), (ii), (iii) or (iv) of this Section 2.05(b), the amount remaining, if any, after the prepayment in full of all L/C
Borrowings, Swing Line Loans and Revolving Credit Loans outstanding at such time and the Cash Collateralization of the remaining L/C Obligations in full (the sum of such prepayment amounts, cash collateralization amounts and remaining amount being,
collectively, the “Reduction Amount”) may be retained by the Borrower for use in the ordinary course of its business, and the Revolving Credit Facility shall be automatically and permanently reduced by the Reduction Amount as set
forth in Section 2.06(b)(ii). Upon the drawing of any Letter of Credit that has been Cash Collateralized, the funds held as Cash Collateral shall be applied (without any further action by or notice to or from the Borrower or any other
Loan Party) to reimburse the L/C Issuer or the Revolving Credit Lenders, as applicable. 
 2.06. Termination or Reduction of
Commitments. 
 (a) Optional. The Borrower may, upon notice to the Administrative Agent, terminate the Revolving
Credit Facility, the Letter of Credit Sublimit or the Swing Line Sublimit, or from time to time permanently reduce the Revolving Credit Facility, the Letter of Credit Sublimit or the Swing Line Sublimit; provided that (i) any such

  

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notice shall be received by the Administrative Agent not later than 11:00 a.m. five Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be
in an aggregate amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) the Borrower shall not terminate or reduce (A) the Revolving Credit Facility if, after giving effect thereto and to any concurrent
prepayments hereunder, the Total Revolving Credit Outstandings would exceed the Revolving Credit Facility, (B) the Letter of Credit Sublimit if, after giving effect thereto, the Outstanding Amount of L/C Obligations not fully Cash
Collateralized hereunder would exceed the Letter of Credit Sublimit, or (C) the Swing Line Sublimit if, after giving effect thereto and to any concurrent prepayments hereunder, the Outstanding Amount of Swing Line Loans would exceed the Letter
of Credit Sublimit. 
 (b) Mandatory. (i) The aggregate Term Commitments shall be automatically and permanently reduced
to zero on the date of the Term Borrowing. 
 (ii) The Revolving Credit Facility shall be automatically and permanently reduced
on each date on which the prepayment of Revolving Credit Loans outstanding thereunder is required to be made pursuant to Section 2.05(b)(i), (ii), (iii) or (iv) by an amount equal to the applicable
Reduction Amount. 
 (iii) If after giving effect to any reduction or termination of Revolving Credit Commitments under this
Section 2.06, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the Revolving Credit Facility at such time, the Letter of Credit Sublimit or the Swing Line Sublimit, as the case may be, shall be automatically reduced by
the amount of such excess. 
 (c) Application of Commitment Reductions; Payment of Fees. The Administrative Agent will
promptly notify the Lenders of any termination or reduction of the Letter of Credit Sublimit, Swing Line Sublimit or the Revolving Credit Commitment under this Section 2.06. Upon any reduction of the Revolving Credit Commitments, the
Revolving Credit Commitment of each Revolving Credit Lender shall be reduced by such Lender’s Applicable Revolving Credit Percentage of such reduction amount. All fees in respect of the Revolving Credit Facility accrued until the effective date
of any termination of the Revolving Credit Facility shall be paid on the effective date of such termination. 
 2.07.
Repayment of Loans. 
 (a) Term Loans. The Borrower shall repay to the Term Lenders 0.25% of the aggregate
principal amount of all Term Loans initially issued hereunder on the last Business Day of each March, June, September and December, commencing on December 31, 2010 (which amounts shall be reduced as a result of the application of prepayments in
accordance with the order of priority set forth in Section 2.05) and the remaining principal amount of the Term Loans outstanding on the Maturity Date. 

(b) Revolving Credit Loans. (i) The Borrower shall repay to the Revolving Credit Lenders on the Maturity Date for the Revolving
Credit Facility the aggregate principal amount of all Revolving Credit Loans outstanding on such date. 
 (c) Swing Line
Loans. The Borrower shall repay each Swing Line Loan on the earlier to occur of (i) the date ten Business Days after such Loan is made and (ii) the Maturity Date for the Revolving Credit Facility. 

2.08. Interest. 

(a) Subject to the provisions of Section 2.08(b), (i) each Eurodollar Rate Loan under a Facility shall bear interest on
the outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Rate for such Facility; (ii) each Base Rate Loan under a Facility shall bear
interest on the outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Facility; and (iii) each Swing Line Loan shall bear interest on the
outstanding principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for the Revolving Credit Facility. 

 

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 (b)(i) If any amount payable by the Borrower under any Loan Document is not paid when due
(without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest
extent permitted by applicable Laws. 
 (ii) While any Event of Default exists, the Borrower shall pay interest on the principal
amount of all outstanding Obligations hereunder at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

(iii) Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand.

 (c) Interest on each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such
other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. 

2.09. Fees. In addition to certain fees described in Sections 2.03(h) and (i ): 

(a) Commitment Fee. The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit
Lender in accordance with its Applicable Revolving Credit Percentage, a commitment fee equal to the Applicable Fee Rate times the actual daily amount by which the Revolving Credit Facility exceeds the sum of (i) the Outstanding Amount of
Revolving Credit Loans and (ii) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.15. The commitment fee shall accrue at all times during the Availability Period, including at any time during
which one or more of the conditions in Article IV are not met, and shall be due and payable quarterly in arrears on the first Business Day after the end of each March, June, September and December, commencing with the first such date to occur
after the Closing Date, and on the last day of the Availability Period for the Revolving Credit Facility. The commitment fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Fee Rate during any quarter, the
actual daily amount shall be computed and multiplied by the Applicable Fee Rate separately for each period during such quarter that such Applicable Fee Rate was in effect. 

(b) Closing Fee. The Borrower agrees to pay on the Closing Date to each Lender party to this Agreement as a Lender
on the Closing Date, as fee compensation for the funding of such Lender’s Loan and unfunded Revolving Commitments, a closing fee in an amount equal to (x) in the case of Term Loans, 3.0% of the stated principal amount of such Lender’s
Term Loan and (y) in the case of Revolving Credit Loans and Revolving Credit Commitments, 1.0% of the stated principal amount of such Lender’s Revolving Credit Commitment. Such fees in respect of the (i) Term Loans shall be payable to
each Lender out of the proceeds of such Lender’s Term Loan as and when funded on the Closing Date and (ii) Revolving Credit Loans and unfunded Revolving Credit Commitments shall be payable to each Lender out of the proceeds of such Term
Loans and/or the proceeds of Revolving Credit Loans funded on the Closing Date (if any). Such closing fee will be in all respects fully earned, due and payable on the Closing Date and non-refundable and non-creditable thereafter. 

(c) Other Fees. (i) The Borrower shall pay to the Administrative Agent fees in the amounts and at the times
specified in the Fee Letter. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 

(ii) The Borrower shall pay to the Lenders such fees as shall have been separately agreed upon in writing in the amounts
and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever. 

2.10. Computation of Interest and Fees. All computations of interest for Base Rate Loans including Base Rate Loans determined by
reference to the Eurodollar Rate shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the

  

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basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each
Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall,
subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. 

2.11. Evidence of Debt. 

(a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and by the
Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the
Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the
event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of
manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the Administrative Agent) a Note, which shall evidence such Lender’s Loans in addition to such
accounts or records. Each Lender may attach schedules to its Note and endorse thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto. 

(b) In addition to the accounts and records referred to in Section 2.11(a), each Lender and the Administrative Agent shall
maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in Letters of Credit and Swing Line Loans. In the event of any conflict between the accounts and records
maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. 

2.12. Payments Generally; Administrative Agent’s Clawback. 

(a) General. All payments to be made by the Borrower shall be made without condition or deduction for any counterclaim, defense,
recoupment or setoff. Except as otherwise provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at the Administrative Agent’s
Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage in respect of the relevant Facility (or other
applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be deemed received on the next succeeding
Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following Business Day, and such extension of
time shall be reflected on computing interest or fees, as the case may be. 
 (b)(i) Funding by Lenders; Presumption by
Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the
date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance
with Section 2.02 (or, in the case of a Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance upon such assumption, make
available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the
Administrative Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to
the Administrative Agent, at (A) in the case of a payment to be made by such 
  

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Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, plus any administrative,
processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If the Borrower and such
Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its
share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have
against a Lender that shall have failed to make such payment to the Administrative Agent. 
 (ii) Payments by Borrower;
Presumptions by Administrative Agent. Unless the Administrative Agent shall have received notice from the Borrower prior to the time at which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer
hereunder that the Borrower will not make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Appropriate Lenders
or the L/C Issuer, as the case may be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Appropriate Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative
Agent forthwith on demand the amount so distributed to such Lender or the L/C Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of
payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under this subsection (b) shall
be conclusive, absent manifest error. 
 (c) Failure to Satisfy Conditions Precedent. If any Lender makes available to
the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the
applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without
interest. 
 (d) Obligations of Lenders Several. The obligations of the Lenders hereunder to make Term Loans and
Revolving Credit Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any such
participation or to make any payment under Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of
any other Lender to so make its Loan, to purchase its participation or to make its payment under Section 11.04(c). 

(e) Funding Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place
or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any particular place or manner. 

(f) Insufficient Funds. If at any time insufficient funds are received by and available to the Administrative Agent to pay fully
all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with
the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C
Borrowings then due to such parties. 
 2.13. Sharing of Payments by Lenders. If any Lender shall, by exercising any
right of setoff or counterclaim or otherwise, obtain payment in respect of (a) Obligations in respect of any the Facilities due and payable to such Lender hereunder and under the other Loan Documents at such time in excess of its ratable share
(according to the proportion of (i) the amount of such Obligations due and payable to such Lender at such time to (ii) the aggregate amount of the Obligations in respect of the Facilities due and payable to all Lenders hereunder and under
the 
  

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other Loan Documents at such time) of payments on account of the Obligations in respect of the Facilities due and payable to all Lenders hereunder and under the other Loan Documents at such time
obtained by all the Lenders at such time or (b) Obligations in respect of any of the Facilities owing (but not due and payable) to such Lender hereunder and under the other Loan Documents at such time in excess of its ratable share (according
to the proportion of (i) the amount of such Obligations owing (but not due and payable) to such Lender at such time to (ii) the aggregate amount of the Obligations in respect of the Facilities owing (but not due and payable) to all Lenders
hereunder and under the other Loan Parties at such time) of payment on account of the Obligations in respect of the Facilities owing (but not due and payable) to all Lenders hereunder and under the other Loan Documents at such time obtained by all
of the Lenders at such time then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and subparticipations in L/C
Obligations and Swing Line Loans of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of Obligations in
respect of the Facilities then due and payable to the Lenders or owing (but not due and payable) to the Lenders, as the case may be, provided that: 

(i) if any such participations or subparticipations are purchased and all or any portion of the payment giving rise
thereto is recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and 

(ii) the provisions of this Section shall not be construed to apply to (x) any payment made by or on behalf of the
Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender), (y) the application of Cash Collateral provided for in
Section 2.14, or (z) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or subparticipations in L/C Obligations or Swing Line Loans to any assignee or participant,
other than an assignment to the Borrower or any Affiliate thereof (as to which the provisions of this Section shall apply). 

Each Loan Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender
acquiring a participation pursuant to the foregoing arrangements may exercise against such Loan Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of such Loan Party in the
amount of such participation. 
 2.14. Cash Collateral. 

(a) Certain Credit Support Events. Upon the request of the Administrative Agent or the L/C Issuer (i) if the L/C Issuer has
honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (ii) if, as of the fifth Business Day preceding the Letter of Credit Expiration Date, any L/C Obligation for any reason
remains outstanding, the Borrower shall, in each case, promptly Cash Collateralize the then Outstanding Amount of all L/C Obligations; provided that, in the case of clause (ii), the Borrower shall, no later than the fifth Business Day
preceding the Letter of Credit Expiration Date, Cash Collateralize in an amount equal to 105% of the Outstanding Amount of all L/C Obligations. At any time that there shall exist a Defaulting Lender, promptly upon the request of the Administrative
Agent, the L/C Issuer or the Swing Line Lender, the Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all Fronting Exposure (after giving effect to Section 2.15(a)(iv) and any Cash
Collateral provided by the Defaulting Lender). If at any time the Administrative Agent determines that any funds held as Cash Collateral are subject to any right or claim of any Person other than the Administrative Agent or that the total amount of
such funds is less than the aggregate Outstanding Amount of all L/C Obligations, the Borrower will, forthwith upon demand by the Administrative Agent, pay to the Administrative Agent, as additional funds to be deposited as Cash Collateral, an amount
equal to the excess of (x) such aggregate Outstanding Amount (or 105% thereof as required by the proviso to the first sentence of this Section 2.14(a)) over (y) the total amount of funds, if any, then held as Cash Collateral
that the Administrative Agent determines to be free and clear of any such right and claim. Upon the drawing of any Letter of Credit for which funds are on deposit as Cash Collateral, such funds shall be applied, to the extent permitted under
applicable Laws, to reimburse the L/C Issuer. 
  

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 (b) Grant of Security Interest. All Cash Collateral (other than credit support not
constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts at Bank of America. The Borrower, and to the extent provided by any Lender, such Lender, hereby grants to (and subjects to the control of)
the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer and the Lenders (including the Swing Line Lender), and agrees to maintain, a first priority security interest in all such cash, deposit accounts and all balances
therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to which such Cash Collateral may be applied pursuant to Section 2.14(c). If at any time
the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent as herein provided, or that the total amount of such Cash Collateral is less than the applicable Fronting
Exposure and other obligations secured thereby, the Borrower or the relevant Defaulting Lender will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to
eliminate such deficiency. 
 (c) Application. Notwithstanding anything to the contrary contained in this Agreement, Cash
Collateral provided under any of this Section 2.14 or Section 2.04, 2.05, 2.06, 2.15 or 8.02 in respect of Letters of Credit or Swing Line Loans shall be held and applied to the satisfaction of the
specific L/C Obligations, Swing Line Loans, obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral
was so provided, prior to any other application of such property as may be provided for herein. 
 (d) Release. Cash
Collateral (or the appropriate portion thereof) provided to reduce Fronting Exposure or other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving rise thereto
(including by the termination of Defaulting Lender status of the applicable Lender (or, as appropriate, its assignee following compliance with Section 11.06(b)(vi))) or (ii) the Administrative Agent’s good faith determination
that there exists excess Cash Collateral; provided, however, (x) that Cash Collateral furnished by or on behalf of a Loan Party shall not be released during the continuance of a Default or Event of Default (and following
application as provided in this Section 2.14 may be otherwise applied in accordance with Section 8.03), and (y) the Person providing Cash Collateral and the L/C Issuer or Swing Line Lender, as applicable, may agree that
Cash Collateral shall not be released but instead held to support future anticipated Fronting Exposure or other obligations. 

2.15. Defaulting Lenders. 

(a) Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender,
then, until such time as that Lender is no longer a Defaulting Lender, to the extent permitted by applicable Law: 

(i) Waivers and Amendments. That Defaulting Lender’s right to approve or disapprove any amendment, waiver or
consent with respect to this Agreement shall be restricted as set forth in Section 10.01. 
 (ii)
Reallocation of Payments. Any payment of principal, interest, fees or other amounts received by the Administrative Agent for the account of that Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VIII
or otherwise, and including any amounts made available to the Administrative Agent by that Defaulting Lender pursuant to Section 10.08), shall be applied at such time or times as may be determined by the Administrative Agent as follows:
first, to the payment of any amounts owing by that Defaulting Lender to the Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by that Defaulting Lender to the L/C Issuer or Swing Line
Lender hereunder; third, if so determined by the Administrative Agent or requested by the L/C Issuer or Swing Line Lender, to be held as Cash Collateral for future funding obligations of that Defaulting Lender of any participation in any
Swing Line Loan or Letter of Credit; fourth, as the Borrower may request (so long as no Default or Event of Default exists), to the funding of any Loan in respect of which that Defaulting Lender has failed to fund its portion thereof as
required by this Agreement, as determined by the Administrative Agent; fifth, if so determined by the Administrative Agent and the Borrower, to be held in a non-interest bearing deposit account and released in order to satisfy obligations of
that Defaulting Lender to fund Loans 
  

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under this Agreement; sixth, to the payment of any amounts owing to the Lenders, the L/C Issuer or Swing Line Lender as a result of any judgment of a court of competent jurisdiction
obtained by any Lender, the L/C Issuer or Swing Line Lender against that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default exists,
to the payment of any amounts owing to the Borrower as a result of any judgment of a court of competent jurisdiction obtained by the Borrower against that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under
this Agreement; and eighth, to that Defaulting Lender or as otherwise directed by a court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect
of which that Defaulting Lender has not fully funded its appropriate share and (y) such Loans or L/C Borrowings were made at a time when the conditions set forth in Section 4.02 were satisfied or waived, such payment shall be
applied solely to pay the Loans of, and L/C Borrowings owed to, all non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Borrowings owed to, that Defaulting Lender. Any payments, prepayments or
other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.15(a)(ii) shall be deemed paid to and redirected by that
Defaulting Lender, and each Lender irrevocably consents hereto. 
 (iii) Certain Fees. That Defaulting
Lender (x) shall not be entitled to receive any commitment fee pursuant to Section 2.10 for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would
have been required to have been paid to that Defaulting Lender) and (y) shall be limited in its right to receive Letter of Credit Fees as provided in Section 2.03(h). 

(iv) Reallocation of Applicable Percentages to Reduce Fronting Exposure. During any period in which there is a
Defaulting Lender, for purposes of computing the amount of the obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit or Swing Line Loans pursuant to Sections 2.04 and 2.05, the
“Applicable Percentage” of each non-Defaulting Lender shall be computed without giving effect to the Commitment of that Defaulting Lender; provided that (i) each such reallocation shall be given effect only if, at the date the
applicable Lender becomes a Defaulting Lender, no Default or Event of Default exists; and (ii) the aggregate obligation of each non-Defaulting Lender to acquire, refinance or fund participations in Letters of Credit and Swing Line Loans shall
not exceed the positive difference, if any, of (1) the Commitment of that non-Defaulting Lender minus (2) the aggregate Outstanding Amount of the Loans of that Lender. 

(b) Defaulting Lender Cure. If the Borrower, the Administrative Agent, Swing Line Lender and the L/C Issuer agree in writing in
their sole discretion that a Defaulting Lender should no longer be deemed to be a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any
conditions set forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase that portion of outstanding Loans of the other Lenders or take such other actions as the
Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swing Line Loans to be held on a pro rata basis by the Lenders in accordance with their Applicable Percentages
(without giving effect to Section 2.15(a)(iv)), whereupon that Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of
the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of
any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 
 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 

3.01. Taxes. 

(a) Payments Free of Taxes. Unless required by applicable Law (as determined in good faith by the applicable withholding agent),
any and all payments by or on account of any obligation of any Loan Party hereunder 
  

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or under any other Loan Document shall be made free and clear of and without reduction or withholding for any Indemnified Taxes or Other Taxes, provided that if the applicable withholding
agent shall be required by applicable Law to deduct any Indemnified Taxes (including any Other Taxes) from such payments, then (i) the sum payable by the applicable Loan Party shall be increased as necessary so that after all required
deductions (including deductions applicable to additional sums payable under this section) have been made, the Administrative Agent or Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions been
made, (ii) the applicable withholding agent shall make such deductions and (iii) the applicable withholding agent shall timely pay the full amount deducted to the relevant Governmental Authority in accordance with applicable Law.

 (b) Payment of Other Taxes by Loan Parties. Without limiting the provisions of subsection (a) above, the relevant
Loan Party shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable Law. 
 (c)
Indemnification by Borrower. Borrower shall indemnify the Administrative Agent and each Lender, within 10 days after demand therefor, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes
imposed or asserted on or attributable to amounts payable under this Section) payable by the Administrative Agent or such Lender, as the case may be, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto,
whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to Borrower by a Lender (with a copy to
Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender, shall be conclusive absent manifest error. 

(d) Evidence of Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by a Loan Party to a
Governmental Authority, such Loan Party shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or other
evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (e) Status of Lenders. Each Lender
shall, at such times as are reasonably requested by the Borrower or the Administrative Agent, provide the Borrower and the Administrative Agent with any documentation prescribed by Law, or reasonably requested by the Borrower or the Administrative
Agent, certifying as to any entitlement of such Lender to an exemption from, or reduction in, any withholding Tax with respect to any payments to be made to such Lender under the Loan Documents. Each such Lender shall, whenever a lapse in time or
change in circumstances renders such documentation expired, obsolete or inaccurate in any material respect, deliver promptly to the Borrower and the Administrative Agent updated or other appropriate documentation (including any new documentation
reasonably requested by the applicable withholding agent) or promptly notify the Borrower and the Administrative Agent of its inability to do so. Unless the applicable withholding agent has received forms or other documents satisfactory to it
indicating that payments under any Loan Document to or for a Lender are not subject to withholding tax or are subject to such Tax at a rate reduced by an applicable tax treaty, the Borrower, Administrative Agent or other applicable withholding agent
shall withhold amounts required to be withheld by applicable Law from such payments at the applicable statutory rate. 
 Without
limiting the generality of the foregoing: 
 (1) Each Lender that is a United States person (as defined in
Section 7701(a)(30) of the Code) shall deliver to the Borrower and the Administrative Agent on or before the date on which it becomes a party to this Agreement two properly completed and duly signed original copies of Internal Revenue Service
Form W-9 (or any successor form) certifying that such Lender is exempt from U.S. federal backup withholding. 

(2) Each Lender that is not a United States person (as defined in Section 7701(a)(30) of the Code) shall deliver to
the Borrower and the Administrative Agent on or before the date on which it becomes a party to this Agreement (and from time to time thereafter when required by Law or upon the reasonable request of the Borrower or the Administrative Agent)
whichever of the following is applicable: 
 (I) two duly completed copies of Internal Revenue Service Form
W-8BEN (or any successor forms) claiming eligibility for benefits of an income tax treaty to which the United States of America is a party, 
  

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 (II) two duly completed copies of Internal Revenue Service Form W-8ECI (or
any successor forms), 
 (III) in the case of a Lender claiming the benefits of the exemption for portfolio
interest under Section 881(c) of the Code, (x) a certificate, in substantially the form of Exhibit I (any such certificate a “United States Tax Compliance Certificate”), or any other form approved by the
Administrative Agent, to the effect that such Lender is not (A) a “bank” within the meaning of Section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower within the meaning of
Section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code, and that no payments in connection with the Loan Documents are effectively connected with such
Lender’s conduct of a U.S. trade or business and (y) two duly completed copies of Internal Revenue Service Form W-8BEN (or any successor forms), 

(IV) to the extent a Lender is not the beneficial owner (for example, where the Lender is a partnership, or is a Lender
that has granted a participation), Internal Revenue Service Form W-8IMY (or any successor forms) of the Lender, accompanied by a Form W-8ECI, W-8BEN, United States Tax Compliance Certificate, Form W-9, Form W-8IMY (or other successor forms) or any
other required information from each beneficial owner, as applicable (provided that, if the Lender is a partnership (and not a participating Lender) and one or more beneficial owners are claiming the portfolio interest exemption, the United
States Tax Compliance Certificate shall be provided by such Lender on behalf of such beneficial owner(s)), or 

(V) any other form prescribed by applicable requirements of U.S. federal income tax Law as a basis for claiming exemption
from or a reduction in U.S. federal withholding tax duly completed together with such supplementary documentation as may be prescribed by applicable requirements of Law to permit the Borrower and the Administrative Agent to determine the withholding
or deduction required to be made. 
 Each Lender shall, from time to time after the initial delivery by such Lender of the forms
described above, whenever a lapse in time or change in such Lender’s circumstances renders such forms, certificates or other evidence so delivered expired, obsolete or inaccurate, promptly (1) deliver to the Borrower and the Administrative
Agent (in such number of copies as shall be requested by the recipient) renewals, amendments or additional or successor forms, properly completed and duly executed by such Lender, together with any other certificate or statement of exemption
required in order to confirm or establish such Lender’s status or that such Lender is entitled to an exemption from or reduction in U.S. federal withholding tax or (2) notify Administrative Agent and the Borrower of its inability to
deliver any such forms, certificates or other evidence. 
 Notwithstanding any other provision of this clause (e), a Lender
shall not be required to deliver any form that such Lender is not legally eligible to deliver. 
 (f) Treatment of Certain
Refunds. Unless required by applicable Laws, at no time shall the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender, or have any obligation to pay to any Lender, any refund of Taxes withheld or
deducted from funds paid for the account of such Lender, as the case may be. If the Administrative Agent or any Lender determines, in its sole discretion, that it has received a refund of any Indemnified Taxes or Other Taxes as to which it has been
indemnified by a Loan Party or with respect to which a Loan Party has paid additional amounts pursuant to this Section 3.01, it shall pay promptly to such Loan Party an amount equal to such refund (but only to the extent of indemnity
payments made, or additional amounts paid, by such Loan Party under this Section with respect to the Indemnified Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of the Administrative Agent or
such Lender, as the case may be, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund net of any Taxes payable by the Administrative Agent or Lender), provided that the
applicable Loan Party, upon the 
  

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request of the Administrative Agent or such Lender, agrees to repay the amount paid over to such Loan Party (plus any penalties, interest or other charges imposed by the relevant Governmental
Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund to such Governmental Authority. This subsection shall not be construed to require the Administrative Agent or
any Lender to make available its tax returns (or any other information relating to its taxes that it deems confidential) to Borrower or any other Person. 

(g) Payments made by Administrative Agent. For the avoidance of doubt, any payments made by the Administrative Agent to any Lender
shall be treated as payments made by the applicable Loan Party. 
 (h) Lender treated as Partnership. If any Lender is
treated as partnership for purposes of an applicable Indemnified Tax or Other Tax, any withholding made by such Lender shall be treated as if such withholding had been made by the Borrower or the Administrative Agent. 

(i) Issuing Banks. For purposes of this Section 3.01, the term “Lender” shall include any L/C Issuer
and Swing Line Lender. 
 3.02. Illegality. If any Lender determines that any Law has made it unlawful, or that any
Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to the Eurodollar Rate, or to determine or charge interest rates based
upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on notice thereof by such Lender to
the Borrower through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Loans to Eurodollar Rate Loans shall be suspended, and (ii) if such notice asserts the
illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate component of the Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to
avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving
rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrower shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of such Lender
to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the
last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such
notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurodollar Rate, the Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference
to the Eurodollar Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment
or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 
 3.03. Inability to
Determine Rates. If the Required Lenders determine that for any reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the
London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to
a proposed Eurodollar Rate Loan or in connection with an existing or proposed Base Rate Loan, or (c) the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect
the cost to such Lenders of funding such Loan, the Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended, and
(y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each
case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate
Loans or, failing that, will be deemed to have converted such request into a request for a Committed Borrowing of Base Rate Loans in the amount specified therein. 

 

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 3.04. Increased Costs; Reserves on Eurodollar Rate Loans. 

(a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar
requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement contemplated by Section 3.04(e)) or the L/C Issuer; 

(ii) subject any Lender or the L/C Issuer to any Tax of any kind whatsoever with respect to this Agreement, any Letter of
Credit, any participation in a Letter of Credit or any Loan made by it, or change the basis of taxation of payments to such Lender or the L/C Issuer in respect thereof (except for Indemnified Taxes or Other Taxes covered by Section 3.01
and the imposition of, or any change in the rate of, any Excluded Tax payable by such Lender or the L/C Issuer); or 

(iii) impose on any Lender or the L/C Issuer or the London interbank market any other condition, cost or expense affecting
this Agreement or Eurodollar Rate Loans made by such Lender or any Letter of Credit or participation therein; 
 and the result of any of the
foregoing shall be to increase the cost to such Lender of making or maintaining any Loan the interest on which is determined by reference to the Eurodollar Rate (or, in the case of clause (ii) above, any Loan), or of maintaining its obligation
to make any such Loan, or to increase the cost to such Lender or the L/C Issuer of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the
amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or the L/C Issuer, the Borrower will pay to such Lender or the L/C Issuer, as
the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as the case may be, for such additional costs incurred or reduction suffered. 

(b) Capital Requirements. If any Lender or the L/C Issuer determines that any Change in Law affecting such Lender or the L/C
Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s or the L/C
Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of Credit held by,
such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law (taking into
consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender or the
L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered. 

(c) Certificates for Reimbursement. A certificate of a Lender or the L/C Issuer setting forth the amount or amounts necessary to
compensate such Lender or the L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such
Lender or the L/C Issuer, as the case may be, the amount shown as due on any such certificate within 10 days after receipt thereof. 

(d) Delay in Requests. Failure or delay on the part of any Lender or the L/C Issuer to demand compensation pursuant to the
foregoing provisions of this Section shall not constitute a waiver of such Lender’s or the L/C Issuer’s right to demand such compensation, provided that the Borrower shall not be required to compensate a Lender or the L/C Issuer
pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions 
  

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suffered more than nine months prior to the date that such Lender or the L/C Issuer, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or
reductions and of such Lender’s or the L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the nine-month period referred to above
shall be extended to include the period of retroactive effect thereof). 
 (e) Reserves on Eurodollar Rate Loans. The
Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or including Eurocurrency funds or deposits, additional interest on the unpaid principal amount of
each Eurodollar Rate Loan equal to the actual costs of such reserves allocated to such Loan by such Lender (as determined by such Lender in good faith, which determination shall be conclusive absent manifest error), which shall be due and payable on
each date on which interest is payable on such Loan, provided the Borrower shall have received at least 10 days’ prior notice (with a copy to the Administrative Agent) of such additional interest from such Lender. If a Lender fails to
give notice 10 days prior to the relevant Interest Payment Date, such additional interest shall be due and payable 10 days from receipt of such notice. 

3.05. Compensation for Losses. Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower
shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 

(a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the
last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 

(b) any failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow,
continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; 

(c) any failure by the Borrower to make payment of any drawing under any Letter of Credit (or interest due thereon)
denominated in an Alternative Currency on its scheduled due date or any payment thereof in a different currency; or 

(d) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result
of a request by the Borrower pursuant to Section 11.13; 
 including any loss of anticipated profits, any foreign exchange losses
and any loss or expense arising from the liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained or from the performance of any foreign exchange
contact. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. 

For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be
deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the offshore interbank market for such currency for a comparable amount and for a comparable period, whether
or not such Eurodollar Rate Loan was in fact so funded. 
 3.06. Mitigation Obligations; Replacement of Lenders.

 (a) Designation of a Different Lending Office. If any Lender requests compensation under Section 3.04, or
the Borrower is required to pay any additional amount to any Lender, the L/C Issuer, or any Governmental Authority for the account of any Lender or the L/C Issuer pursuant to Section 3.01, or if any Lender gives a notice pursuant to
Section 3.02, then such Lender or the L/C Issuer shall, as applicable, use reasonable efforts to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another
of its offices, branches or affiliates, if, in the judgment of such Lender or the L/C Issuer, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be,
in the future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and (ii) in each 

 

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case, would not subject such Lender or the L/C Issuer, as the case may be, to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or the L/C Issuer, as the
case may be. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender or the L/C Issuer in connection with any such designation or assignment. 

(b) Replacement of Lenders. If any Lender requests compensation under Section 3.04, or if the Borrower is required to
pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, the Borrower may replace such Lender in accordance with Section 11.13. 

3.07. Survival. All of the Borrower’s obligations under this Article III shall survive termination of the Aggregate
Commitments, repayment of all other Obligations hereunder, and resignation of the Administrative Agent. 
 ARTICLE IV 

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 

4.01. Conditions of Initial Credit Extension. The obligation of the L/C Issuer and each Lender to make its initial Credit
Extension hereunder is subject to satisfaction of the following conditions precedent: 
 (a) The Administrative
Agent’s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the signing Loan Party, each dated the Closing Date
(or, in the case of certificates of governmental officials, a recent date before the Closing Date) and each in form and substance satisfactory to the Administrative Agent and each of the Lenders: 

(i) executed counterparts of this Agreement, the Guaranty and the Perfection Certificate, sufficient in number for
distribution to the Administrative Agent, each Lender and the Borrower; 
 (ii) a Note executed by the Borrower
in favor of each Lender requesting a Note; 
 (iii) a security agreement, in substantially the form of
Exhibit G (together with each other security agreement and security agreement supplement delivered pursuant to Section 6.12, in each case as amended, the “Security Agreement”), duly executed by each Loan
Party, together with: 
 (A) certificates representing the Pledged Securities referred to therein accompanied by
undated stock powers executed in blank in the case of equity and instruments indorsed in blank in the case of debt, 

(B) copies of UCC, United States Patent and Trademark Office and United States Copyright Office, tax and judgment lien
searches, bankruptcy and pending lawsuit searches or equivalent reports or searches, each of a recent date listing all effective financing statements, lien notices or comparable documents that name any Loan Party as debtor and that are filed in
those state and county jurisdictions in which any Loan Party is organized or maintains its principal place of business and such other searches that are required by the Perfection Certificate or that the Administrative Agent deems necessary or
appropriate, none of which encumber the Collateral covered or intended to be covered by the Collateral Documents (other than Permitted Liens or any other Liens acceptable to the Administrative Agent), 

(C) completed requests for information, dated on or before the date of the initial Credit Extension, listing all
effective financing statements filed in the jurisdictions referred to in clause (B) above that name any Loan Party as debtor, together with copies of such other financing statements, 

 

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 (D) evidence of the completion of all other actions, recordings and filings
of or with respect to the Security Agreement that the Administrative Agent may deem necessary or desirable in order to perfect the Liens created thereby, and 

(E) evidence that all other action that the Administrative Agent may deem necessary or desirable in order to perfect the
Liens created under the Security Agreement has been taken (including receipt of duly executed payoff letters, UCC-3 termination statements and landlords’ and bailees’ waiver and consent agreements); 

(iv) an intellectual property security agreement for each of copyrights, patents and trademarks in substantially the forms
attached to the Security Agreement (the “Intellectual Property Security Agreement”), duly executed by each Loan Party; 

(v) such certificates of resolutions or other action, incumbency certificates and/or other certificates of Responsible
Officers of each Loan Party as the Administrative Agent may reasonably require evidencing the identity, authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with this Agreement and the
other Loan Documents to which such Loan Party is a party or is to be a party; 
 (vi) such documents and
certifications as the Administrative Agent may reasonably require to evidence that each Loan Party is duly organized or formed, and that each Loan Party is validly existing, in good standing and qualified to engage in business in each jurisdiction
where its ownership, lease or operation of properties or the conduct of its business requires such qualification, except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect; 

(vii) a favorable opinion of Bryan Cave LLP, counsel to the Loan Parties, addressed to the Administrative Agent and each
Lender, in form and substance reasonably satisfactory to the Administrative Agent; 
 (viii) a certificate signed
by a Responsible Officer of the Borrower certifying (A) that the conditions specified in Sections 4.02(a) and (b) have been satisfied, and (B) that there has been no event or circumstance since the date of the Audited
Financial Statements that has had or could be reasonably expected to have, either individually or in the aggregate, a Material Adverse Effect; 

(ix) a business plan and budget of Holdings and its Subsidiaries on a consolidated basis, including forecasts prepared by
management of Holdings, of consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries on a monthly basis for the first year following the Closing Date; 

(x) certificates attesting to the Solvency of each Loan Party before and after giving effect to the Transaction and the
incurrence of the Indebtedness related thereto, from its chief financial officer in the form of Exhibit J; 

(xi) certificates of insurance, naming the Administrative Agent, on behalf of the Lenders, as an additional insured or
loss payee, as the case may be, under all insurance policies maintained with respect to the assets and properties of the Loan Parties that constitutes Collateral; 

(xii) evidence that the Existing Credit Agreement, the Lombard Agreement and the Cisco Agreement have been, or
concurrently with the Closing Date are being, terminated and all Liens securing obligations under the Existing Credit Agreement, the Lombard Agreement and the Cisco Agreement have been, or concurrently with the Closing Date are being, released; and

 (xiii) such other assurances, certificates, documents, consents or opinions as the Administrative Agent
reasonably may require. 
  

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 (b)(i) All fees and expenses required to be paid to the Administrative Agent
and the Lead Arrangers on or before the Closing Date shall have been paid and (ii) all fees required to be paid to the Lenders on or before the Closing Date shall have been paid. 

(c) Unless waived by the Administrative Agent, the Borrower shall have paid all reasonable fees, charges and disbursements
of counsel to the Administrative Agent (directly to such counsel if requested by the Administrative Agent) to the extent invoiced prior to or on the Closing Date, plus such additional amounts of such fees, charges and disbursements as shall
constitute its reasonable estimate of such fees, charges and disbursements incurred or to be incurred by it through the closing proceedings (provided that such estimate shall not thereafter preclude a final settling of accounts between the
Borrower and the Administrative Agent). 
 Without limiting the generality of the provisions of the last paragraph of Section 9.03,
for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or
other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection
thereto. 
 4.02. Conditions to All Credit Extensions. The obligation of each Lender to honor any Request for Credit
Extension (other than a Committed Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to the following conditions precedent: 

(a) The representations and warranties of the Borrower and each other Loan Party contained in Article V or any
other Loan Document, or which are contained in any document furnished at any time under or in connection herewith or therewith, shall be true and correct in all material respects (except that any representation and warranty that is already qualified
as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects, subject to such qualification) on and as of the date of such Credit Extension, except to the extent that such representations and
warranties specifically refer to an earlier date, in which case they shall be true and correct in all material respects (except that any representation and warranty that is already qualified as to “materiality” or “Material Adverse
Effect” shall be true and correct in all respects, subject to such qualification) as of such earlier date, and except that for purposes of this Section 4.02, the representations and warranties contained in Sections 5.05(a)
and (b) shall be deemed to refer to the most recent statements furnished pursuant to Sections 6.01(a) and (b), respectively. 

(b) No Default shall exist, or would result from such proposed Credit Extension or from the application of the proceeds
thereof. 
 (c) The Administrative Agent and, if applicable, the L/C Issuer or the Swing Line Lender shall have
received a Request for Credit Extension in accordance with the requirements hereof. 
 (d) In the case of any
Letter of Credit to be denominated in an Alternative Currency, there shall not have occurred any change in national or international financial, political or economic conditions or currency exchange rates or exchange controls which in the reasonable
opinion of the Administrative Agent, or the L/C Issuer would make it impracticable for such Letter of Credit to be denominated in the relevant Alternative Currency. 

Each Request for Credit Extension (other than a Committed Loan Notice requesting only a conversion of Loans to the other Type or a
continuation of Eurodollar Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have been satisfied on and as of the date of the
applicable Credit Extension. 
  

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 ARTICLE V 

REPRESENTATIONS AND WARRANTIES 

Each of Holdings and the Borrower represents and warrants to the Administrative Agent and the Lenders that: 

5.01. Existence, Qualification and Power. Each Loan Party and each of its Subsidiaries (a) is duly organized or formed,
validly existing and, as applicable, in good standing under the Laws of the jurisdiction of its incorporation or organization, (b) has all requisite corporate power and authority and all requisite governmental licenses, authorizations, consents
and approvals to (i) own or lease its assets and carry on its business and (ii) execute, deliver and perform its obligations under the Loan Documents to which it is a party and consummate the Transaction, and (c) is duly qualified and
is licensed and, as applicable, in good standing under the Laws of each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification or license; except in each case referred to in
clause (b)(i) or (c), to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect. 

5.02. Authorization; No Contravention. The execution, delivery and performance by each Loan Party of each Loan Document to which
such Person is or is to be a party have been duly authorized by all necessary corporate or other organizational action, and do not and will not (a) contravene the terms of any of such Person’s Organization Documents; (b) conflict with
or result in any breach or contravention of, or the creation of any Lien under, or require any payment to be made under (i) any Contractual Obligation to which such Person is a party or affecting such Person or the properties of such Person or
any of its Subsidiaries or (ii) any order, injunction, writ or decree of any Governmental Authority or any arbitral award to which such Person or its property is subject; or (c) violate any Law except in each case referred to in clause
(b) or (c), to the extent that such would not reasonably be expected to have a Material Adverse Effect. 
 5.03.
Governmental Authorization; Other Consents. No approval, consent, exemption, authorization, or other action by, or notice to, or (except as contemplated by Section 5.21) filing with, any Governmental Authority or any other Person
is necessary or required in connection with (a) the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document, or for the consummation of the Transaction, (b) the grant by
any Loan Party of the Liens granted by it pursuant to the Collateral Documents, (c) the perfection or maintenance of the Liens created under the Collateral Documents (including the first priority nature thereof) or (d) the exercise by the
Administrative Agent or any Lender of its rights under the Loan Documents or the remedies in respect of the Collateral pursuant to the Collateral Documents. All applicable waiting periods in connection with the Transaction have expired without any
action having been taken by any Governmental Authority restraining, preventing or imposing materially adverse conditions upon the Transaction or the rights of the Loan Parties or their Subsidiaries freely to transfer or otherwise dispose of, or to
create any Lien on, any properties now owned or hereafter acquired by any of them. 
 5.04. Binding Effect. This
Agreement has been, and each other Loan Document, when delivered hereunder, will have been, duly executed and delivered by each Loan Party that is party thereto. This Agreement constitutes, and each other Loan Document when so delivered will
constitute, a legal, valid and binding obligation of such Loan Party, enforceable against each Loan Party that is party thereto in accordance with its terms, except to the extent that the enforceability thereof may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or other similar laws generally affecting creditors’ rights and by equitable principles (regardless of whether enforcement is sought in equity or at law). 

5.05. Financial Statements; No Material Adverse Effect. 

(a) The Audited Financial Statements (i) were prepared in accordance with GAAP consistently applied throughout the period covered
thereby, except as otherwise expressly noted therein; (ii) fairly present the financial condition of Holdings and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby in accordance with GAAP
consistently applied throughout the period covered thereby, except as otherwise expressly noted therein; and (iii) show all material indebtedness and other liabilities, direct or contingent, of Holdings and its Subsidiaries as of the date
thereof, including liabilities for Taxes, material commitments and Indebtedness. 
  

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 (b) The unaudited consolidated balance sheet of Holdings and its Subsidiaries dated
March 31, 2010, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for the fiscal quarter ended on that date (i) were prepared in accordance with GAAP consistently applied throughout
the period covered thereby, except as otherwise expressly noted therein, and (ii) fairly present the financial condition of Holdings and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby,
subject, in the case of clauses (i) and (ii), to the absence of footnotes and to normal year-end audit adjustments. 
 (c)
Since the date of the Audited Financial Statements, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect. 

(d) The consolidated forecasted balance sheet, statements of income and cash flows of Holdings and its Subsidiaries delivered to the
Lenders prior to the Closing Date or delivered pursuant to Section 6.01(c) were prepared in good faith based on assumptions believed to be reasonable at the time prepared (it being understood that projections are subject to uncertainties
and contingencies, many of which are beyond the control of Holdings and the Borrower, and that no assurance can be given that such projections will be realized). 

5.06. Litigation. There are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Responsible
Officers of Holdings after due and diligent investigation, threatened or contemplated, at law, in equity, in arbitration or before any Governmental Authority, by or against Holdings or any of its Subsidiaries or against any of their properties or
revenues that (a) purport to affect or pertain to this Agreement, any other Loan Document or the consummation of the Transaction, or (b) either individually or in the aggregate would reasonably be expected to have a Material Adverse
Effect. 
 5.07. No Default. Neither any Loan Party nor any Subsidiary thereof is in default under or with respect to, or
a party to, any Contractual Obligation that would, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Default has occurred and is continuing or would result from the consummation of the Transaction.

 5.08. Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has title in fee simple to, or a
valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other material property, and none of such property is subject to any Lien except for Permitted Liens. Notwithstanding the
foregoing, as of the Closing Date, no Loan Party nor any Subsidiary thereof has any fee-owned real property. 
 5.09.
Environmental Compliance. The Loan Parties and their respective Subsidiaries conduct in the ordinary course of business a review of the effect of existing Environmental Laws and claims alleging potential liability or responsibility for
violation of any Environmental Law on their respective businesses, operations and properties, and as a result thereof the Borrower has reasonably concluded that such Environmental Laws and claims would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect. 
 5.10. Insurance. The properties of Holdings and its
Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of Holdings and self-insurance programs, in such amounts, with such deductibles and covering such risks as are customarily carried by companies engaged
in similar businesses and owning similar properties in localities where Holdings or the applicable Subsidiary operates. 
 5.11.
Taxes. Each Loan Party and each of its Subsidiaries have timely filed all federal, state, foreign and other material tax returns and reports required to be filed, and have timely paid all federal, state, foreign and other material Taxes
(whether or not shown on a tax return) levied or imposed upon them or their properties, income or assets otherwise due and payable (including in its capacity as a withholding agent), except for such Taxes which are being contested in good faith by
appropriate proceedings and for which adequate reserves have been provided in accordance with GAAP, and provided that such contest operates to suspend collection of the contested Tax. There is no proposed tax assessment or other claim against, and
no tax audit with respect to, any Loan Party or any 
  

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Subsidiaries of such Loan Party that would reasonably be expected, individually or in the aggregate, to cause a Material Adverse Effect. Except as would not reasonably be expected to,
individually or in the aggregate, result in a Material Adverse Effect, neither Holdings, nor the Borrower nor any Subsidiary thereof has ever “participated” in a “listed transaction” within the meaning of Treasury Regulation
section 1.6011-4. 
 5.12. ERISA Compliance. 

(a) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Code and other Federal or state laws.
Each Pension Plan that is intended to be a qualified plan under Section 401(a) of the Code has received a favorable determination letter from the Internal Revenue Service to the effect that the form of such Plan is qualified under
Section 401(a) of the Code and the trust related thereto has been determined by the Internal Revenue Service to be exempt from federal income tax under Section 501(a) of the Code, or an application for such a letter is currently being
processed by the Internal Revenue Service. To the knowledge of the Responsible Officers of Holdings, nothing has occurred that would prevent or cause the loss of such tax-qualified status. 

(b) There are no pending or, to the knowledge of the Responsible Officers of Holdings, threatened claims, actions or lawsuits, or action
by any Governmental Authority, with respect to any Plan that would reasonably be expected to have a Material Adverse Effect. There has been no prohibited transaction or violation of the fiduciary responsibility rules with respect to any Plan that
has resulted or would reasonably be expected to result in a Material Adverse Effect. 
 (c)(i) No ERISA Event has occurred, and
neither Holdings nor any ERISA Affiliate is aware of any fact, event or circumstance that would reasonably be expected to constitute or result in an ERISA Event with respect to any Pension Plan; (ii) Holdings and each ERISA Affiliate has met
all applicable requirements under the Pension Funding Rules in respect of each Pension Plan, and no waiver of the minimum funding standards under the Pension Funding Rules has been applied for or obtained; (iii) as of the most recent valuation
date for any Pension Plan, the funding target attainment percentage (as defined in Section 430(d)(2) of the Code) is 60% or higher and neither Holdings nor any ERISA Affiliate knows of any facts or circumstances that would reasonably be
expected to cause the funding target attainment percentage for any such plan to drop below 60% as of the most recent valuation date; (iv) neither Holdings nor any ERISA Affiliate has incurred any liability to the PBGC other than for the payment
of premiums, and there are no premium payments which have become due that are unpaid; (v) neither Holdings nor any ERISA Affiliate has engaged in a transaction that could be subject to Section 4069 or Section 4212(c) of ERISA; and
(vi) no Pension Plan has been terminated by the plan administrator thereof nor by the PBGC, and no event or circumstance has occurred or exists that would reasonably be expected to cause the PBGC to institute proceedings under Title IV of ERISA
to terminate any Pension Plan. 
 (d) With respect to each scheme or arrangement mandated by a government other than the United
States (a “Foreign Government Scheme or Arrangement”) and with respect to each employee benefit plan maintained or contributed to by any Loan Party or any Subsidiary of any Loan Party that is not subject to United States law (a
“Foreign Plan”): 
 (i) any employer and employee contributions required by law or by the terms
of any Foreign Government Scheme or Arrangement or any Foreign Plan have been made, or, if applicable, accrued, in accordance with normal accounting practices; 

(ii) the fair market value of the assets of each funded Foreign Plan, the liability of each insurer for any Foreign Plan
funded through insurance or the book reserve established for any Foreign Plan, together with any accrued contributions, is sufficient to procure or provide for the accrued benefit obligations, as of the date hereof, with respect to all current and
former participants in such Foreign Plan according to the actuarial assumptions and valuations most recently used to account for such obligations in accordance with applicable generally accepted accounting principles; and 

(iii) each Foreign Plan required to be registered has been registered and has been maintained in good standing with
applicable regulatory authorities. 
  

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 5.13. Subsidiaries; Equity Interests; Loan Parties. (a) Schedules 1(a),
5(a) and 5(b) of the Perfection Certificate sets forth the name and jurisdiction of incorporation of each Subsidiary and, as to each such Subsidiary, the number of each class of its Equity Interests authorized, and the number
outstanding, on the Closing Date, the number of shares covered by all outstanding options, warrants, rights of conversion or purchase and similar rights at the Closing Date and the percentage of each class of Equity Interests owned by any Loan
Party, (b) all Equity Interests of the Borrower and its Subsidiaries are duly and validly issued and are fully paid and non-assessable, and, other than the Equity Interests of the Borrower, are owned by the Borrower, directly or indirectly
through Wholly Owned Subsidiaries, (c) each Loan Party is the record and beneficial owner of, and has good and marketable title to, the Equity Interests pledged by it under the Security Agreement, free of any and all Liens, rights or claims of
other Persons, except the security interest created by the Security Agreement and (d) there are no outstanding subscriptions, options, warrants, calls, rights or other agreements or commitments (other than stock options granted to employees or
directors and directors’ qualifying shares) of any nature relating to any Equity Interest of the Borrower or any of its Subsidiaries, except as created by the Loan Documents. No consent of any Person including any other general or limited
partner, any other member of a limited liability company, any other shareholder or any other trust beneficiary is necessary in connection with the creation, perfection or first priority status of the security interest of the Administrative Agent in
any Equity Interests pledged to the Administrative Agent for the benefit of the Secured Parties under the Security Agreement or the exercise by the Administrative Agent of the voting or other rights provided for in the Security Agreement or the
exercise of remedies in respect thereof. 
 5.14. Margin Regulations; Investment Company Act. 

(a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or
carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock in violation of such regulation. 

(b) No Loan Party, any Person Controlling any Loan Party, or any Subsidiary of a Loan Party is or is required to be registered as an
“investment company” under the Investment Company Act of 1940. 
 5.15. Disclosure. Holdings has disclosed to
the Administrative Agent and the Lead Arrangers all agreements, instruments and corporate or other restrictions to which it or any of its Subsidiaries is subject, and all other matters known to it, that, individually or in the aggregate, would
reasonably be expected to result in a Material Adverse Effect. No report, financial statement, certificate or other factual information (taken as a whole) furnished (whether in writing or orally) by or on behalf of any Loan Party to the
Administrative Agent or any Lender in connection with the transactions contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case as modified or supplemented by other information
so furnished) contains any material misstatement of fact or omits to state any material fact necessary to make the statements therein (taken as a whole), in the light of the circumstances under which they were made, not misleading; provided
that, with respect to projected financial information, the Borrower represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time prepared (it being understood that projections are
subject to uncertainties and contingencies, many of which are beyond the control of Holdings and the Borrower, and that no assurance can be given that such projections will be realized). 

5.16. Compliance with Laws. Each Loan Party and each Subsidiary thereof is in compliance in all material respects with the
requirements of all Laws and all orders, writs, injunctions and decrees applicable to it or to its properties, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith
by appropriate proceedings diligently conducted or (b) the failure to comply therewith, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. 

5.17. Intellectual Property/Proprietary Rights, Etc. 

(a) Each of Holdings, the Borrower and their respective Subsidiaries owns, or is licensed, or otherwise possesses legally enforceable
rights, to use, sell or license, as applicable, all Proprietary Rights used or held for use in the business of each such Person. Schedules 7(a), (b) and (c) to the Perfection Certificate contains a complete and correct
list of all of Holdings’, the Borrower’s and each of their respective Subsidiaries’ patents and patent applications; trademark and service mark registrations and applications for registration thereof; domain names;

  

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copyright registrations and applications for registration thereof; and material computer software owned or used by such Persons (excluding Commercial Software). Holdings, the Borrower and each of
their respective Subsidiaries have licenses for all Commercial Software used in their respective businesses and no such Person has any obligation to pay fees, royalties and other amounts at any time pursuant to any such license. 

(b) None of Holdings, the Borrower or any of their respective Subsidiaries is in violation, in any material respect, of any license,
sublicense or the agreement pursuant to which Holdings, the Borrower or any of their respective Subsidiaries is authorized to use, sell, distribute or license any Proprietary Right and such license, sublicense and agreements will continue to be
legal, valid, binding enforceable and in full force and effect following the Closing Date. 
 (c) Except for Commercial Software
and Embedded Products for which Holdings, the Borrower and their respective Subsidiaries have valid non-exclusive licenses, Holdings, the Borrower and their respective Subsidiaries are the sole and exclusive owners of the Proprietary Rights (free
and clear of any Liens, other than Permitted Liens). 
 (d) To the knowledge of Holdings, the Borrower and their respective
Subsidiaries, (i) none of the Proprietary Rights infringes on any intellectual property rights of any third Persons, (ii) no Person is infringing any of the Proprietary Rights of Holdings, the Borrower and their respective Subsidiaries and
(iii) no Person has made a claim of ownership over any Proprietary Right adverse to the ownership interest of Holdings, the Borrower or any of their respective Subsidiaries. Holdings, the Borrower and their respective Subsidiaries have not
received a written demand, claim, notice or inquiry from any Person in respect of the Proprietary Rights which challenges or threatens to challenge the validity of the right of Holdings, the Borrower or their respective Subsidiaries to use any such
Proprietary Rights that has not been resolved. 
 (e) All software products sold or licensed by Holdings, the Borrower and their
respective Subsidiaries to customers or used in providing services to customers (i) were authored by regular employees of Holdings, the Borrower and their respective Subsidiaries within the scope of their employment and Holdings, the Borrower
and their respective Subsidiaries thus was the original author pursuant to the work made for hire doctrine, (ii) are software products that Holdings, the Borrower and their respective Subsidiaries license from providers thereof with appropriate
rights to resell or sublicense to third parties or use in providing services to customers, as applicable or (iii) were authored by third party contractors who have agreed in writing to assign all of their rights in such software products to
Holdings, the Borrower and their respective Subsidiaries. Holdings and the Borrower each represent and warrant that Holdings, the Borrower and/or each of their respective Subsidiaries have taken all reasonable steps and implemented measures to
safeguard the secrecy and confidentiality of any trade secrets within the Proprietary Rights. 
 (f) None of Holdings, the
Borrower or any of their respective Subsidiaries has by any of its acts or omissions, or by acts or omissions of its Affiliates, directors, officers, employees, agents, or representatives, caused any of its Company Software to be transferred,
diminished or adversely affected to any material extent. 
 (g) The Proprietary Rights of Holdings, the Borrower and their
respective Subsidiaries that are sold or licensed to customers of such Persons are and have at all times been in compliance with all laws applicable thereto. 

(h) Substantially all of the Proprietary Rights of Holdings, the Borrower and their respective Subsidiaries are owned by the Borrower.

 (i) To the extent that any of the Proprietary Rights of Holdings, the Borrower or any of their respective Subsidiaries are
material to the operation of one of their respective Affiliates, Holdings, the Borrower and/or each of their respective Subsidiaries has authorized such Affiliate to use such Proprietary Rights. The Borrower hereby agrees on behalf of itself,
Holdings and each of their respective Subsidiaries that in the event of any foreclosure by the Administrative Agent pursuant to this Agreement or any other Loan Document, or in the event of any proceeding under any Debtor Relief Law involving any
such Person, such Person shall not withdraw the authorization of any Affiliate to use such Proprietary Rights or require that such Affiliate may use such Proprietary Rights only on terms and conditions less favorable to such Affiliate than those in
existence on the date of foreclosure or proceeding under any Debtor Relief Law. 
  

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 5.18. Solvency. Each Loan Party is and after giving effect to the Transaction and the
incurrence of the Indebtedness and obligations being incurred in connection herewith will be, individually and together with its Subsidiaries on a consolidated basis, Solvent. 

5.19. Casualty, Etc. Neither the businesses nor the properties of any Loan Party or any of its Subsidiaries are affected by any
fire, explosion, accident, strike, lockout or other labor dispute, drought, storm, hail, earthquake, embargo, act of God or of the public enemy or other casualty (whether or not covered by insurance) that, either individually or in the aggregate,
would reasonably be expected to have a Material Adverse Effect. 
 5.20. Labor Matters. There are no collective
bargaining agreements or Multiemployer Plans covering the employees of the Borrower or any of its Subsidiaries as of the Closing Date and neither the Borrower nor any Subsidiary has suffered any strikes, walkouts, work stoppages or other material
labor difficulty within the last three years prior to the Closing Date. 
 5.21. Collateral Documents. The provisions of
the Collateral Documents are effective to create in favor of the Administrative Agent for the benefit of the Secured Parties a legal, valid and enforceable first priority Lien (subject to Permitted Liens) on all right, title and interest of the
respective Loan Parties in the Collateral described therein, subject to the exceptions provided herein or therein. Except for filings completed prior to the Closing Date or as otherwise contemplated hereby and by the Collateral Documents, no filing
or other action will be necessary to perfect or protect such Liens. 
 5.22. Anti-Terrorism Laws. 

(a) No Loan Party, none of its Subsidiaries and, to the knowledge of the Responsible Officers of each Loan Party, none of its Affiliates
and none of the respective officers, directors, brokers or agents of such Loan Party, such Subsidiary or Affiliate (i) has violated or is in violation of Anti-Terrorism Laws or (ii) has engaged or engages in any transaction, investment,
undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in the “Forty Recommendations” and “Nine Special Recommendations” published by the Organization
for Economic Co-operation and Development’s Financial Action Task Force on Money Laundering. 
 (b) No Loan Party, none of
its Subsidiaries and, to the knowledge of the Responsible Officers of each Loan Party, none of its Affiliates and none of the respective officers, directors, brokers or agents of such Loan Party, such Subsidiary or such Affiliate that is acting or
benefiting in any capacity in connection with the Loans is an Embargoed Person. 
 (c) No Loan Party, none of its Subsidiaries
and, to the knowledge of the Responsible Officers of each Loan Party, none of its Affiliates and none of the respective officers, directors, brokers or agents of such Loan Party, such Subsidiary or such Affiliate acting or benefiting in any capacity
in connection with the Loans (i) conducts any business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Embargoed Person, (ii) deals in, or otherwise engages in any
transaction related to, any property or interests in property blocked pursuant to any Anti-Terrorism Law or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts
to violate, any of the prohibitions set forth in any Anti-Terrorism Law. 
  

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 ARTICLE VI 

AFFIRMATIVE COVENANTS 

So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or
any Letter of Credit shall remain outstanding, each of Holdings and the Borrower shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02, 6.03, 6.11, 6.14 and 6.17) cause each
Subsidiary to: 
 6.01. Financial Statements. Deliver to the Administrative Agent, in form and detail satisfactory to the
Administrative Agent: 
 (a) as soon as available, but in any event within 90 days after the end of each fiscal
year of Holdings (or such earlier date on which Holdings is required to file a Form 10-K under the Exchange Act), a consolidated balance sheet of Holdings and its Subsidiaries as at the end of such fiscal year, and the related consolidated
statements of income or operations, changes in shareholders’ equity, and cash flows for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in
accordance with GAAP, such consolidated statements to be audited and accompanied by a report and opinion of Ernst & Young LLP or such other independent certified public accountant of nationally recognized standing reasonably acceptable to
the Administrative Agent, which report and opinion shall be prepared in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification or exception or any qualification or
exception as to the scope of such audit; 
 (b) as soon as available, but in any event within 45 days after the
end of each of the first three fiscal quarters of each fiscal year of Holdings (or such earlier date on which Holdings is required to file a Form 10-Q under the Exchange Act), a consolidated balance sheet of Holdings and its Subsidiaries as at the
end of such fiscal quarter, and the related consolidated statements of income or operations, changes in shareholders’ equity, and cash flows for such fiscal quarter and for the portion of Holdings’ fiscal year then ended, setting forth in
each case in comparative form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail, such consolidated statements to be certified by the chief
executive officer, chief financial officer, treasurer or controller of Holdings as fairly presenting the financial condition, results of operations, shareholders’ equity and cash flows of Holdings and its Subsidiaries in accordance with GAAP,
subject only to normal year-end audit adjustments and the absence of footnotes; and 
 (c) as soon as available,
but in any event no later than 30 days after the end of each fiscal year of Holdings, an annual business plan and budget of Holdings and its Subsidiaries on a consolidated basis, including forecasts prepared by management of Holdings, in form
reasonably satisfactory to the Administrative Agent, of consolidated balance sheets and statements of income or operations and cash flows of Holdings and its Subsidiaries on a quarterly basis for the immediately following fiscal year (including the
fiscal year in which the Maturity Date for the Term Facility occurs). 
 As to any information contained in materials furnished pursuant to
Section 6.02(d), the Borrower shall not be separately required to furnish such information under Section 6.01(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to
furnish the information and materials described in Sections 6.01(a) and (b) above at the times specified therein. 

6.02. Certificates; Other Information. Deliver to the Administrative Agent, in form and detail reasonably satisfactory to the
Administrative Agent: 
 (a) concurrently with the delivery of the financial statements referred to in
Section 6.01(a), a certificate of its independent certified public accountants certifying such financial statements and stating that in making the examination necessary therefor no knowledge was obtained of any Default or, if any such
Default shall exist, stating the nature and status of such event; 
 (b) concurrently with the delivery of the
financial statements referred to in Sections 6.01(a) and (b), a duly completed Compliance Certificate signed by a Responsible Officer of Holdings (which delivery may, unless the Administrative Agent, or a Lender requests executed
originals, be by electronic communication including fax or email and shall be deemed to be an original authentic counterpart thereof for all purposes); 

(c) promptly after any request by the Administrative Agent or any Lender through the Administrative Agent, copies of any
detailed audit reports, management letters or recommendations submitted to the board of directors (or the audit committee of the board of directors) of any Loan Party by independent accountants in connection with the accounts or books of any Loan
Party or any of its Subsidiaries, or any audit of any of them; 
  

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 (d) promptly after the same are available, copies of each annual report,
proxy or financial statement or other report or communication sent to the stockholders (in their capacity as stockholders and not any other capacity) of Holdings, and copies of all annual, regular, periodic and special reports and registration
statements which Holdings may file or be required to file with the SEC under Section 13 or 15(d) of the Securities Exchange Act of 1934, or with any national securities exchange, and in any case not otherwise required to be delivered to the
Administrative Agent pursuant hereto; 
 (e) promptly after the furnishing thereof, copies of any statement or
report furnished to any holder of debt securities of any Loan Party or of any of its Subsidiaries pursuant to the terms of any indenture, loan or credit or similar agreement and not otherwise required to be furnished to the Lenders; 

(f) upon the Administrative Agent’s request, which request shall not be made more than once during each fiscal year
of Holdings, a report summarizing any changes in the insurance coverage (specifying type, amount and carrier) in effect for each Loan Party and its Subsidiaries since the preceding report delivered pursuant to this section and containing such
additional information as the Administrative Agent, or any Lender through the Administrative Agent, may reasonably specify; 

(g) promptly, and in any event within five Business Days after receipt thereof by any Loan Party or any Subsidiary
thereof, copies of each notice or other correspondence received from the SEC (or comparable agency in any applicable non-U.S. jurisdiction) concerning any investigation or possible investigation or other inquiry by such agency regarding financial or
other operational results of any Loan Party or any Subsidiary thereof; 
 (h) not later than five Business Days
after receipt thereof by any Loan Party or any Subsidiary thereof, copies of all notices, requests and other documents (including amendments, waivers and other modifications) so received under or pursuant to any instrument, indenture, loan or credit
or similar agreement regarding or related to any breach or default by any party thereto or any other event that would materially impair the value of the interests or the rights of any Loan Party or otherwise have a Material Adverse Effect and, from
time to time upon request by the Administrative Agent, such instruments, indentures and loan and credit and similar agreements as the Administrative Agent may reasonably request; 

(i) promptly after the assertion or occurrence thereof, notice of any action or proceeding against or of any noncompliance
by any Loan Party or any of its Subsidiaries with any Environmental Law or Environmental Permit that would reasonably be expected to have a Material Adverse Effect; 

(j) concurrently with the delivery of financial statements pursuant to Section 6.01(a), a Perfection
Certificate Supplement (or a certificate confirming that there has been no change in information since the date of the Perfection Certificate or latest Perfection Certificate Supplement), signed by a Responsible Officer of the Borrower and in a form
reasonably satisfactory to the Administrative Agent; and 
 (k) promptly, such additional information regarding
the business, financial, legal or corporate affairs of any Loan Party or any Subsidiary thereof, or compliance with the terms of the Loan Documents, as the Administrative Agent, or any Lender through the Administrative Agent, may from time to time
reasonably request. 
 Documents required to be delivered pursuant to Section 6.01(a) or (b) or
Section 6.02(d) (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the
Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at the website address listed on Schedule 11.02; or (ii) on which such documents are posted on the Borrower’s behalf on an
Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether 

 

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sponsored by the Administrative Agent); provided that (i) the Borrower shall deliver paper copies of such documents to the Administrative Agent for itself or any Lender upon its
reasonable request to the Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify the Administrative Agent and each
Lender (by telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent shall have no
obligation to request the delivery of or to maintain paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request by a Lender for delivery, and each Lender
shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 
 The Borrower hereby
acknowledges that (a) the Administrative Agent and/or the Lead Arranger will make available to the Lenders and the L/C Issuer materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower
Materials”) by posting the Borrower Materials on IntraLinks or another similar electronic system (the “Platform”) and (b) certain of the Lenders (each, a “Public Lender”) may have personnel who do not
wish to receive material non-public information with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such
Persons’ securities. The Borrower hereby agrees that it will use commercially reasonable efforts to identify that portion of the Borrower Materials that may be distributed to the Public Lenders and that (w) all such Borrower Materials
shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof; (x) by marking Borrower Materials “PUBLIC,” the Borrower
shall be deemed to have authorized the Administrative Agent, the Lead Arrangers, the L/C Issuer and the Lenders to treat such Borrower Materials as not containing any material non-public information (although it may be sensitive and proprietary)
with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute Information, they shall be treated as set forth in
Section 11.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information”; and (z) the Administrative Agent and the
Lead Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Side Information.” 

6.03. Notices. Promptly notify the Administrative Agent: 

(a) of the occurrence of any Default, with such notice describing with particularity any and all provisions of this
Agreement and any other Loan Document that have been breached; 
 (b) of any matter that has resulted or would
reasonably be expected to result in a Material Adverse Effect, including, to the extent such matters would reasonably be expected to have a Material Adverse Effect, (i) breach or non-performance of, or any default under, a Contractual
Obligation of Holdings or any Subsidiary; (ii) any dispute, litigation, investigation, proceeding or suspension between Holdings or any Subsidiary and any Governmental Authority; or (iii) the commencement of, or any material development
in, any litigation or proceeding affecting Holdings or any Subsidiary, including pursuant to any applicable Environmental Laws; 

(c) of the occurrence of any ERISA Event; 

(d) of any material change in accounting policies or financial reporting practices by any Loan Party or any Subsidiary
thereof; and 
 (e) of the (i) occurrence of any Disposition of property or assets for which the Borrower is
required to make a mandatory prepayment pursuant to Section 2.05(b)(ii), (ii) incurrence or issuance of any Indebtedness for which the Borrower is required to make a mandatory prepayment pursuant to Section 2.05(b)(iii),
and (iii) receipt of any Extraordinary Receipt for which the Borrower is required to make a mandatory prepayment pursuant to Section 2.05(b)(iv). 

 

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 Each notice pursuant to Section 6.03 (other than Section 6.03(e))
shall be accompanied by a statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower has taken and proposes to take with respect thereto. 

6.04. Payment of Obligations. (a) Pay and discharge as the same shall become due and payable, all its obligations and
liabilities, including (i) all Tax liabilities, assessments and governmental charges or levies upon it or its properties or assets, unless the same are being contested in good faith by appropriate proceedings diligently conducted and adequate
reserves in accordance with GAAP are being maintained by Holdings, the Borrower or such Subsidiary, and provided that such contest operates to suspend collection of the contested obligation; (ii) all lawful claims which, if unpaid, would by law
become a Lien upon its property; and (iii) all Indebtedness, as and when due and payable, but subject to any subordination provisions contained in any instrument or agreement evidencing such Indebtedness except, in each case, to the extent the
failure to pay or discharge the same would not reasonably be expected to, individually or in the aggregate, have a Material Adverse Effect. 

(b) Timely and correctly file all Tax returns required to be filed by it, except for failures to file that would not reasonably be
expected to, individually or in the aggregate, have a Material Adverse Effect. 
 6.05. Preservation of Existence, Etc.
(a) Preserve, renew and maintain in full force and effect its legal existence and good standing under the Laws of the jurisdiction of its organization except in a transaction permitted by Section 7.04 or 7.05; provided,
however, that Holdings and its Subsidiaries may consummate any merger or consolidation permitted under Section 7.04; (b) take all reasonable action to maintain all rights, privileges, permits, licenses and franchises
necessary or desirable in the normal conduct of its business, except to the extent that failure to do so would not reasonably be expected to have a Material Adverse Effect; and (c) preserve or renew all of its registered patents, trademarks,
trade names and service marks, the non-preservation of which would reasonably be expected to have a Material Adverse Effect. 

6.06. Maintenance of Properties. (a) Maintain, preserve and protect all of its material properties and equipment necessary in
the operation of its business in good working order and condition, ordinary wear and tear excepted; (b) make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so could not reasonably be expected
to have a Material Adverse Effect; and (c) use the standard of care typical in the industry in the operation and maintenance of its facilities. 

6.07. Maintenance of Insurance. 

(a) Maintain with financially sound and reputable insurance companies not Affiliates of the Borrower, insurance with respect to its
properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts as are customarily carried under similar circumstances by such other
Persons and providing for not less than 30 days’ prior notice to the Administrative Agent of termination, lapse or cancellation of such insurance. 

(b) If any portion of any Mortgaged Property is at any time located in an area identified Federal Emergency Management Agency (or any
successor agency) as a Special Flood Hazard Area with respect to which flood insurance has been made available under the National Flood Insurance Act of 1968 (as now or hereafter in effect or successor Act thereto), then the Borrower shall, or shall
cause each Loan Party to (i) maintain or cause to be maintained with a financially sound and reputable insurer, flood insurance in an amount and otherwise sufficient to comply with all applicable rules and regulations promulgated pursuant to
the Flood Insurance Laws and (ii) deliver to the Administrative Agent evidence of such compliance in form and substance reasonably acceptable to the Administrative Agent. 

6.08. Compliance with Laws. Comply in all material respects with the requirements of all Laws and all orders, writs, injunctions
and decrees applicable to it or to its business or property, except in such instances in which (a) such requirement of Law or order, writ, injunction or decree is being contested in good faith by appropriate proceedings diligently conducted; or
(b) the failure to comply therewith would not reasonably be expected to have a Material Adverse Effect. 
  

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 6.09. Books and Records. (a) Maintain proper books of record and account, in
which full, true and correct entries in conformity with GAAP consistently applied shall be made of all financial transactions and matters involving the assets and business of Holdings, the Borrower or such Subsidiary, as the case may be; and
(b) maintain such books of record and account in material conformity with all applicable requirements of any Governmental Authority having regulatory jurisdiction over Holdings, the Borrower or such Subsidiary, as the case may be. 

6.10. Inspection Rights. Permit representatives and independent contractors of the Administrative Agent and each Lender to visit
and inspect any of its properties, to examine its corporate, financial and operating records, and make copies thereof or abstracts therefrom, and to discuss its affairs, finances and accounts with its directors, officers, and independent public
accountants, all at the expense of the Borrower and at such reasonable times during normal business hours and as often as may be reasonably desired, upon reasonable advance notice of not less than 10 Business Days to the Borrower; provided,
however, that when an Event of Default exists the Administrative Agent or any Lender (or any of their respective representatives or independent contractors) may do any of the foregoing at the expense of the Borrower at any time during normal
business hours and without advance notice. 
 6.11. Use of Proceeds. Use the proceeds of the Credit Extensions to finance
the Transaction and for general corporate purposes not in contravention of any Law or of any Loan Document. 
 6.12. Covenant
to Guarantee Obligations and Give Security. 
 (a) With respect to any property acquired after the date hereof (other than
property referred to in Section 6.12(c)) by any Loan Party that is intended to be subject to the Lien created by any of the Collateral Documents but is not so subject, promptly (and in any event within 45 days (or such longer period as
the Administrative Agent may approve) after the acquisition thereof) (i) execute and deliver to the Administrative Agent such amendments or supplements to the relevant Collateral Documents or such other documents as the Administrative Agent
shall deem necessary or advisable to grant to the Administrative Agent, for its benefit and for the benefit of the other Secured Parties, a Lien on such property subject to no Liens other than Permitted Liens and (ii) take all actions necessary
or advisable in the reasonable opinion of the Administrative Agent to cause such Lien to be duly perfected to the extent required by such Collateral Document in accordance with all applicable Requirements of Law, including the filing of financing
statements in such jurisdictions as may be reasonably requested by the Administrative Agent. The Borrower shall otherwise take such actions and execute and/or deliver to the Administrative Agent such documents as the Administrative Agent shall
require to confirm the validity, perfection and priority of the Lien of the Collateral Documents on such after-acquired properties. 

(b) With respect to any Person that is or becomes a Subsidiary after the date hereof (i) deliver to the Administrative Agent the
certificates, if any, representing all of the Equity Interests of such Subsidiary, together with undated stock powers or other appropriate instruments of transfer executed and delivered in blank by a duly authorized officer of the holder(s) of such
Equity Interests, and all intercompany notes owing from such Subsidiary to any Loan Party together with instruments of transfer executed and delivered in blank by a duly authorized officer of such Loan Party and (ii) cause such new Subsidiary
promptly (and in any event within 30 days (or such longer period as the Administrative Agent may approve) after such Person becomes a Subsidiary) (A) to execute a joinder agreement or such comparable documentation to become a Guarantor and
party to the Security Agreement, substantially in the form annexed thereto and (B) to take all actions necessary or advisable in the reasonable opinion of the Administrative Agent to cause the Lien created by the Security Agreement to be duly
perfected to the extent required by such agreement in accordance with all applicable Requirements of Law, including the filing of financing statements in such jurisdictions as may be reasonably requested by the Administrative Agent. Notwithstanding
the foregoing, (1) the Equity Interests required to be delivered to the Administrative Agent pursuant to clause (i) of this Section 6.12(b), including, to the extent applicable, Equity Interests obtained through a conversion of
intercompany Indebtedness pursuant to Section 7.03(c)(i), shall not include any Equity Interests of a Foreign Subsidiary that is or becomes a Subsidiary after the date hereof and (2) no Foreign Subsidiary that is or becomes a Subsidiary
after the date hereof shall be required to take the actions specified in clause (ii) of this Section 6.12(b), if in the case of either clause (1) or (2) doing so would constitute an investment of earnings in United States
property under Section 956 (or a successor provision) of the Code; provided that this exception shall not apply to (A) Voting Stock (including, to the extent applicable, Equity Interests obtained through a conversion of intercompany
Indebtedness pursuant to 
  

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Section 7.03(c)(i)) of any Subsidiary which is a first-tier controlled foreign corporation (as defined in Section 957(a) of the Code) representing 66% of the total voting power of all
outstanding Voting Stock of such Subsidiary and (B) 100% of the Equity Interests (including, to the extent applicable, Equity Interests obtained through a conversion of intercompany Indebtedness pursuant to Section 7.03(c)(i)) not
constituting Voting Stock of any such Subsidiary, except that any such Equity Interests constituting “stock entitled to vote” within the meaning of Treasury Regulation Section 1.956-2(c)(2) shall be treated as Voting Stock for
purposes of this Section 6.12(b). 
 (c) Holdings or the Borrower may, at its option, designate a Foreign Subsidiary
to be a Guarantor. If any Foreign Subsidiary becomes a Guarantor after the date hereof, in addition to the requirements to deliver Equity Interests of such Foreign Subsidiary pursuant to Section 6.12(b), such Foreign Subsidiary shall
(i) grant a Lien to the Administrative Agent for the benefit of the Secured Parties on all or substantially all of its assets to the same extent as if it was a Domestic Subsidiary, (ii) enter into a security agreement to be governed by
applicable local laws and satisfactory to the Administrative Agent, (iii) deliver opinions, certificates and any other documents or information as may be reasonably requested by the Administrative Agent and (iv) takes all other actions
necessary or advisable in the reasonable opinion of the Administrative Agent to cause the Lien created by such security documents to be duly perfected to extent required by such security documents in accordance with all applicable Requirements of
Law. 
 (d)(i) Promptly grant to the Administrative Agent, within 60 days (or such longer period as the Administrative Agent may
approve) of the acquisition thereof, a security interest in and Mortgage on each Real Property owned in fee by such Loan Party as is acquired by such Loan Party after the Closing Date and that, together with any improvements thereon, individually
has a fair market value of at least $2,500,000, and (ii) unless the Administrative Agent otherwise consents, use commercially reasonable efforts to promptly grant to the Administrative Agent, within 60 days (or such longer period as the
Administrative Agent may approve) of acquisition thereof, a security interest and Mortgage on each leased Real Property of such Loan Party which lease individually has a fair market value of at least $2,500,000, in each case, as additional security
for the Secured Obligations (unless the subject property is already mortgaged to a third party to the extent permitted by Section 7.01). Such Mortgages shall be granted pursuant to documentation reasonably satisfactory in form and
substance to the Administrative Agent and shall constitute valid and enforceable perfected Liens subject only to Permitted Encumbrances or other Liens acceptable to the Administrative Agent. The Mortgages or instruments related thereto shall be duly
recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Administrative Agent required to be granted pursuant to the Mortgages and all taxes, fees and other
charges payable in connection therewith shall be paid in full. Such Loan Party shall otherwise take such actions and execute and/or deliver to the Administrative Agent such documents as the Administrative Agent shall require to confirm the validity,
perfection and priority of the Lien of any existing Mortgage or new Mortgage against such after-acquired Real Property (including a “Life-of-Loan” Federal Emergency Management Agency Standard Flood Hazard Determination (together with
notice relating thereto), title policy, a survey and local counsel opinion (in form and substance reasonably satisfactory to the Administrative Agent) in respect of such Mortgage). 

6.13. Compliance with Environmental Laws. Comply, and cause all lessees and other Persons operating or occupying properties owned
or leased by it to comply, in all material respects, with all applicable Environmental Laws and Environmental Permits; obtain and renew all Environmental Permits necessary for its operations and properties; and conduct any investigation, study,
sampling and testing, and undertake any mandatory cleanup, removal, remedial or other action necessary to remove and clean up all Hazardous Materials from any of properties owned or leased by it, in accordance with the requirements of all
Environmental Laws; provided, however, that neither the Borrower nor any of its Subsidiaries shall be required to undertake any such cleanup, removal, remedial or other action to the extent that its obligation to do so is being
contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP. 

6.14. Maintenance of Ratings. Use commercially reasonable efforts to cause the Loans and the Borrower’s corporate credit to
continue to be rated by S&P and Moody’s (but not to maintain a specific rating). 
  

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 6.15. Further Assurances. Promptly, upon the reasonable request of the Administrative
Agent or any Lender, at the Borrower’s expense: 
 (a) execute, acknowledge and deliver, or cause the
execution, acknowledgment and delivery of, and thereafter register, file or record, or cause to be registered, filed or recorded, in an appropriate governmental office, any document or instrument supplemental to or confirmatory of the Collateral
Documents or otherwise deemed by the Administrative Agent reasonably necessary or desirable for the continued validity, perfection and priority of the Liens on the Collateral covered thereby subject to no other Liens except as permitted by the
applicable Collateral Document, or obtain any consents or waivers as may be necessary or appropriate in connection therewith; 

(b) deliver or cause to be delivered to the Administrative Agent from time to time such other documentation, consents,
authorizations, approvals and orders in form and substance reasonably satisfactory to the Administrative Agent as the Administrative Agent shall reasonably deem necessary to perfect or maintain the Liens on the Collateral pursuant to the Collateral
Documents; and 
 (c) upon the exercise by the Administrative Agent or any Lender of any power, right, privilege
or remedy pursuant to any Loan Document which requires any consent, approval, registration, qualification or authorization of any Governmental Authority, execute and deliver all applications, certifications, instruments and other documents and
papers that the Administrative Agent or such Lender may require. 
 If the Administrative Agent or the Required Lenders
determine that they are required by a Requirement of Law to have appraisals prepared in respect of the Real Property of any Loan Party constituting Collateral, the Borrower shall provide to the Administrative Agent appraisals that satisfy the
applicable requirements of the Real Estate Appraisal Reform Amendments of FIRREA and are otherwise in form and substance satisfactory to the Administrative Agent. 

6.16. Compliance with Terms of Leaseholds. Make all payments and otherwise perform all obligations in respect of all leases of
real property to which the Borrower or any of its Subsidiaries is a party, keep such leases in full force and effect and not allow such leases to lapse or be terminated or any rights to renew such leases to be forfeited or cancelled (except for any
such actions by the Borrower or any of its Subsidiaries in the ordinary course of business), notify the Administrative Agent of any default by any party with respect to such leases and cooperate with the Administrative Agent in all respects to cure
any such default, and cause each of its Subsidiaries to do so, except, in any case, where the failure to do so, either individually or in the aggregate, would not be reasonably likely to have a Material Adverse Effect. 

6.17. Interest Rate Hedging. Enter into prior to 60 days from the date hereof and maintain at all times thereafter, interest rate
Swap Contracts with Persons reasonably acceptable to the Administrative Agent, covering a notional amount of not less than 50% of the sum of (i) outstanding Indebtedness for borrowed money (other than the Total Revolving Credit Outstandings)
and (ii) Attributable Indebtedness in respect of Capitalized Leases, providing for such Persons to make payments thereunder for an initial period of no less than three years (or otherwise fix the payment obligations with respect thereto).

 6.18. Information Regarding Collateral and Loan Documents. Not effect any change (i) in any Loan Party’s
legal name, (ii) in the location of any Loan Party’s chief executive office, (iii) in any Loan Party’s identity or organizational structure, (iv) in any Loan Party’s Federal Taxpayer Identification Number or
organizational identification number, if any, or (v) in any Loan Party’s jurisdiction of organization (in each case, including by merging with or into any other entity, reorganizing, dissolving, liquidating, reorganizing or organizing in
any other jurisdiction), until (A) it shall have given the Administrative Agent not less than 30 days’ prior written notice (in the form of a certificate by a Responsible Officer), or such lesser notice period agreed to by the
Administrative Agent, of its intention so to do, clearly describing such change and providing such other information in connection therewith as the Administrative Agent may reasonably request and (B) it shall have taken all action reasonably
requested by the Administrative Agent to maintain the perfection and priority of the security interest of the Administrative Agent for the benefit of the Secured Parties in the Collateral, if applicable. Each Loan Party agrees to promptly provide
the Administrative Agent with certified Organization Documents reflecting any of the changes described in the preceding 
  

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sentence. Each Loan Party also agrees to promptly notify the Administrative Agent of any change in the location of any office in which it maintains books or records relating to Collateral owned
by it or any office or facility at which Collateral with a value in excess of (i) in the case of network infrastructure, $5.0 million and (ii) in the case of all other Collateral, $2.5 million, is located (including the
establishment of any such new office or facility), other than changes in location to a Mortgaged Property. 
 6.19. Post
Closing Covenants.. The Borrower will, and will cause the Loan Parties to, execute and deliver the documents and complete the tasks set forth on Schedule 6.19, in each case within the respective time periods specified on such
schedule (or within such longer periods as the Administrative Agent may approve). 
 ARTICLE VII 

NEGATIVE COVENANTS 

So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or
any Letter of Credit shall remain outstanding, neither Holdings nor the Borrower shall, nor shall they permit any Subsidiary to, directly or indirectly: 

7.01. Liens. Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or
hereafter acquired, or sign or file or suffer to exist under the Uniform Commercial Code of any jurisdiction a financing statement that names Holdings or any of its Subsidiaries as debtor, or assign any accounts or other right to receive income,
other than the following (the “Permitted Liens”): 
 (a) Liens pursuant to any Loan Document;

 (b) Liens existing on the date hereof and listed on Schedule 7.01(b) and any renewals or extensions
thereof, provided that (i) the property covered thereby is not changed, (ii) the amount secured or benefited thereby is not increased except as contemplated by Section 7.02(d), (iii) the direct or any contingent
obligor with respect thereto is not changed (other than as a result of intercompany transactions permitted pursuant to Section 7.04), and (iv) any renewal or extension of the obligations secured or benefited thereby is permitted by
Section 7.02(d); 
 (c) Liens for Taxes not yet due or Liens for Taxes which are being contested in
good faith and by appropriate proceedings, if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP, and if such proceedings have the effect of preventing the forfeiture or sale of the
property subject to any such Lien; 
 (d) statutory Liens of landlords and Liens of carriers, warehousemen,
mechanics, materialmen, repairmen, suppliers or other like Liens imposed by law or 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 and by appropriate
proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Person in accordance with GAAP; 

(e) pledges or deposits in the ordinary course of business in connection with tax obligations, workers’ compensation,
unemployment insurance and other social security legislation, other than any Lien imposed by ERISA; 
 (f) Liens
or deposits to secure the performance of bids, trade contracts and leases (other than Indebtedness), statutory obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of
business; 
 (g) easements, rights-of-way, restrictions and other similar encumbrances affecting real property
which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Person; 

 

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 (h) Liens securing judgments for the payment of money not constituting an
Event of Default under Section 8.01(h); 
 (i) Liens securing Indebtedness permitted under
Section 7.02(f); provided that (i) such Liens do not at any time encumber any property other than the property financed by such Indebtedness and (ii) the Indebtedness secured thereby does not exceed the cost of the
property being acquired on the date of acquisition; 
 (j) Liens on property of a Person existing at the time
such Person is merged into or consolidated with Holdings or any Subsidiary of Holdings or becomes a Subsidiary of Holdings; provided that such Liens were not created in contemplation of such merger, consolidation or Investment and do not
extend to any assets other than those of the Person merged into or consolidated with Holdings or such Subsidiary or acquired by Holdings or such Subsidiary, and the applicable Indebtedness secured by such Lien is permitted under
Section 7.02(g); 
 (k) the interests of lessors under operating leases; 

(l) non-exclusive licenses of patents, trademarks, copyrights and other intellectual property rights in the ordinary
course of business; 
 (m) rights of setoff or bankers’ Liens upon deposits of cash in favor of banks or
other depository institutions, solely to the extent incurred in connection with the maintenance of such deposit accounts in the ordinary course of business; 

(n) other Liens securing Indebtedness outstanding in an aggregate principal amount not to exceed $30.0 million;
provided that no such Lien shall extend to or cover any Collateral; 
 (o) in the case of Real Property
leased by any Loan Party as tenant, Liens to which the fee interest (or any superior interest) in such Real Property is subject; and 

(p) the replacement, extension or renewal of any Lien permitted by clauses (a) through (o) above upon or in the
same property theretofore subject thereto or the replacement, extension or renewal (without increase in the amount or change in any direct or contingent obligor) of the Indebtedness secured thereby. 

7.02. Indebtedness. Create, incur, assume or suffer to exist any Indebtedness, except: 

(a) obligations (contingent or otherwise) existing or arising under any Swap Contract, provided that (i) such
obligations are (or were) entered into by such Person in the ordinary course of business for the purpose of directly mitigating risks associated with fluctuations in interest rates, utility rates or foreign exchange rates and (ii) such Swap
Contract does not contain any provision exonerating the non-defaulting party from its obligation to make payments on outstanding transactions to the defaulting party; 

(b) Indebtedness of a Subsidiary of Holdings owed to Holdings or a Subsidiary of Holdings, which Indebtedness shall
(i) in the case of Indebtedness owed to a Loan Party, be represented in writing by an intercompany note that constitutes “Pledged Securities” under the Security Agreement, (ii) in the case of Indebtedness owed by a Loan Party, be
subordinated to the Facilities on customary terms and (iii) be otherwise permitted under the provisions of Section 7.03; 

(c) Indebtedness under the Loan Documents; 

(d) Indebtedness outstanding on the date hereof and listed on Schedule 7.02 and any refinancings, refundings,
renewals or extensions thereof; provided that the amount of such Indebtedness is not increased at the time of such refinancing, refunding, renewal or extension except by an amount equal to a reasonable premium or other reasonable amount paid,
and fees and expenses reasonably incurred, in 
  

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connection with such refinancing and by an amount equal to any existing commitments unutilized thereunder and the direct or any contingent obligor with respect thereto is not changed, as a result
of or in connection with such refinancing, refunding, renewal or extension (other than as a result of intercompany transactions permitted pursuant to Section 7.04); and provided, still further, that the terms relating to
principal amount, amortization, maturity, collateral (if any) and subordination (if any), and other material terms taken as a whole, of any such refinancing, refunding, renewing or extending Indebtedness, and of any agreement entered into and of any
instrument issued in connection therewith, are no less favorable in any material respect to the Loan Parties or the Lenders than the terms of any agreement or instrument governing the Indebtedness being refinanced, refunded, renewed or extended and
the interest rate applicable to any such refinancing, refunding, renewing or extending Indebtedness does not exceed the then applicable market interest rate; 

(e) Guarantees of Holdings, the Borrower or any Guarantor in respect of Indebtedness otherwise permitted hereunder of
Holdings, the Borrower or any other Guarantor; 
 (f)(i) Indebtedness in respect of Capitalized Leases (or any
lease that, as result of a change in the terms of such lease, becomes a Capitalized Lease); provided that, after giving effect to such incurrence, Holdings shall be in compliance on a Pro Forma Basis with the covenants set forth in
Section 7.11 and the Consolidated Leverage Ratio determined on a Pro Forma Basis as of the last day of the most recently ended Measurement Period for which financial statements were required to have been delivered pursuant to
Section 6.01(a) or (b), as applicable (or, if no Measurement Period has passed, as of the last four quarters ended), as if such incurrence had been made on the last day of such four quarter period, is less than 0.25:1.00 less than
the Consolidated Leverage Ratio required under Section 7.11(a) for the then applicable period and (ii) Indebtedness in respect of purchase money obligations for fixed or capital assets within the limitations set forth in
Section 7.01(i); provided, however, that the aggregate amount of all such Indebtedness at any one time outstanding under this clause (f)(ii) shall not exceed $20.0 million; 

(g) Indebtedness of any Person that becomes a Subsidiary of Holdings after the date hereof in accordance with the terms of
Section 7.03(g), which Indebtedness is existing at the time such Person becomes a Subsidiary of Holdings (other than Indebtedness incurred solely in contemplation of such Person’s becoming a Subsidiary of Holdings); 

(h) endorsement of instruments or other payment items for deposit in the ordinary course of business; 

(i) Indebtedness under the Convertible Notes to remain outstanding after giving effect to the consummation of the Tender
Offer; and 
 (j) Indebtedness of Loan Parties in an aggregate principal amount not to exceed $30.0 million
at any time outstanding. 
 7.03. Investments. Make any Investments, except: 

(a) Investments held by Holdings and its Subsidiaries in the form of Cash Equivalents; 

(b) advances to officers, directors and employees of Holdings and its Subsidiaries in an aggregate amount not to exceed
$3.5 million at any time outstanding, for travel, entertainment, relocation and analogous ordinary business purposes; 

(c)(i) Investments by Holdings and its Subsidiaries in their respective Subsidiaries outstanding on the date hereof;
provided that if such Investments are in the form of intercompany Indebtedness owed to a Loan Party, such Investments (x) will be represented by an intercompany note that constitutes “Pledged Securities” under the Security Agreement
and (y) may be converted to equity (solely to the extent required to comply with applicable Law), (ii) additional Investments by Holdings and its Subsidiaries in Loan Parties (other than Holdings), (iii) additional Investments by
Subsidiaries of Holdings that are not 
  

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Loan Parties in other Subsidiaries that are not Loan Parties, (iv) so long as no Default has occurred and is continuing or would result from such Investment, additional Investments by the
Loan Parties in Subsidiaries that are not Loan Parties in the form of intercompany Indebtedness represented by an intercompany note that constitutes “Pledged Securities” under the Security Agreement or equity (solely to the extent required
to comply with applicable Law), in an aggregate amount invested from the date hereof, together with Investments permitted by Section 7.03(g)(iv), not to exceed $50.0 million at any one time outstanding (provided that
(i) such amount shall be $75.0 million if and for as long as the Consolidated Leverage Ratio for the Measurement Period last ended for which financial statements have been delivered pursuant to Section 6.01(a) or (b) is
less than 2.75:1.00 and (ii) such amount shall be $100.0 million if and for as long as the Consolidated Leverage Ratio for the Measurement Period last ended for which financial statements have been delivered pursuant to
Section 6.01(a) or (b) is less than 2.50:1.00; provided, further, that Investments made under Section 7.03(c)(iv) in any such Subsidiary prior to the date it becomes a Guarantor pursuant to
Section 6.12(c) shall continue to be outstanding under Section 7.03(c)(iv), notwithstanding that such Subsidiary has become a Guarantor) and (v) Investments by the Loan Parties in Subsidiaries that are not Loan Parties,
funded by cash received from Thomson Reuters, to be used to fund Capital Expenditures. 
 (d) Investments
consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the grant of trade credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from
financially troubled account debtors to the extent reasonably necessary in order to prevent or limit loss; 
 (e)
Guarantees permitted by Section 7.02; 
 (f) Investments existing on the date hereof (other than
those referred to in Section 7.03(c)(i)) and set forth on Schedule 7.03(f); 
 (g)
the purchase or other acquisition of all Equity Interests (other than directors’ qualifying shares), in, or all or substantially all of the property of, any Person; provided that, with respect to each purchase or other acquisition made
pursuant to this Section 7.03(g): 
 (i) any such newly-created or acquired Subsidiary shall comply
with the requirements of Section 6.12; 
 (ii) upon the consummation thereof, such Person will be
(A) a direct or indirect Wholly Owned Subsidiary of Holdings (including as a result of a merger or consolidation) or (B) a joint venture that is a Foreign Subsidiary of Holdings or one or more of its Wholly Owned Subsidiaries; 

(iii) the lines of business of the Person to be (or the property of which is to be) so purchased or otherwise acquired
shall be substantially the same as, or reasonably related to, the principal businesses of Holdings and its Subsidiaries; 

(iv) the total cash and noncash consideration (including the fair market value of all Equity Interests issued or
transferred to the sellers thereof, all indemnities, earnouts and other contingent payment obligations to, and the aggregate amounts paid or to be paid under noncompete, consulting and other affiliated agreements with, the sellers thereof, all
write-downs of property and reserves for liabilities with respect thereto and all assumptions of debt, liabilities and other obligations in connection therewith) paid by or on behalf of Holdings and its Subsidiaries for any such purchase or other
acquisition that does not result in such Person becoming a Loan Party, when aggregated with the total cash and noncash consideration paid by or on behalf of Holdings and its Subsidiaries for all other purchases and other acquisitions of Persons that
do not become Loan Parties made by Holdings and its Subsidiaries pursuant to this Section 7.03(g), together with Investments permitted by Section 7.03(c)(iv) shall not exceed $50.0 million (provided that (i) such
amount shall be $75.0 million if and for as long as the Consolidated Leverage Ratio for the Measurement Period last ended for which financial statements have been delivered pursuant to 

 

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Section 6.01(a) or (b) is less than 2.75:1.00 and (ii) such amount shall be $100.0 million if and for as long as the Consolidated Leverage Ratio for the Measurement
Period last ended for which financial statements have been delivered pursuant to Section 6.01(a) or (b) is less than 2.50:1.00); 

(v)(A) immediately before and immediately after giving pro forma effect to any such purchase or other acquisition, no
Default shall have occurred and be continuing and (B) immediately after giving effect to such purchase or other acquisition, Holdings and its Subsidiaries shall be in compliance on a Pro Forma Basis with all of the covenants set forth in
Section 7.11, such compliance to be determined on the basis of the financial information most recently delivered to the Administrative Agent and the Lenders pursuant to Section 6.01(a) or (b) as though such
purchase or other acquisition had been consummated as of the first day of the fiscal period covered thereby; and 

(vi) the Borrower shall have delivered to the Administrative Agent and each Lender, at least five Business Days prior to
the date on which any such purchase or other acquisition is to be consummated (or such shorter period as the Administrative Agent may approve), a certificate of a Responsible Officer, in form and substance reasonably satisfactory to the
Administrative Agent and the Required Lenders, certifying that all of the requirements set forth in this clause (g) have been satisfied or will be satisfied on or prior to the consummation of such purchase or other acquisition; 

(h) if the Consolidated Leverage Ratio determined on a Pro Forma Basis as of the last day of the most recently ended
Measurement Period for which financial statements were required to have been delivered pursuant to Section 6.01(a) or (b), as applicable (or, if no Measurement Period has passed, as of the last four quarters ended), as if such
Investment had been made on the last day of such four quarter period, is less than or equal to 2.50:1.00, other Investments in an aggregate amount outstanding pursuant to this clause (h) (valued at the time of the making thereof, and without
giving effect to any write-downs or write-offs thereof) at any time not to exceed the portion, if any, of the Cumulative Credit on the date of such election that the Borrower elects to apply to this clause (h), such election to be specified in a
written notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied; 

(i) Investments in negotiable instruments deposited or to be deposited for collection in the ordinary course of business;

 (j) Investments received in settlement of amounts due to any Loan Party or any of their Subsidiaries (from
Persons that are not Affiliates) effected in the ordinary course of business or owing to any Loan Party or any of their Subsidiaries as a result of proceedings under any Debtor Relief Law involving an account debtor or upon the foreclosure or
enforcement of any Lien in favor of a Loan Party or its Subsidiaries; and 
 (k) other Investments not exceeding
$30.0 million in the aggregate in any fiscal year of the Borrower. 
 7.04. Fundamental Changes. Merge, dissolve,
liquidate, consolidate with or into another Person, or 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 Default exists or would result therefrom and, so long as the Lien on and security interest in such property granted or to be granted in favor of the Administrative Agent under the Collateral Documents shall be maintained or created in
accordance with the provisions of Sections 6.12 and 6.15 (subject to Section 9.10): 

(a) any Subsidiary may merge with (i) the Borrower, provided that the Borrower shall be the continuing or
surviving Person, or (ii) any one or more other Subsidiaries, provided that when any Loan Party (other than Holdings) is merging with another Subsidiary, such Loan Party shall be the continuing or surviving Person; 

 

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 (b) any Loan Party may Dispose of all or substantially all of its assets
(upon voluntary liquidation or otherwise) to the Borrower or to another Loan Party (other than Holdings); 
 (c)
any Subsidiary that is not a Loan Party may dispose of all or substantially all its assets (including any Disposition that is in the nature of a liquidation) to (i) another Subsidiary that is not a Loan Party or (ii) to a Loan Party;

 (d) in connection with any acquisition permitted under Section 7.03, any Subsidiary of the
Borrower may merge into or consolidate with any other Person or permit any other Person to merge into or consolidate with it; provided that (i) the Person surviving such merger shall be a Wholly Owned Subsidiary of the Borrower and
(ii) in the case of any such merger to which any Loan Party (other than the Borrower) is a party, such Loan Party is the surviving Person; and 

(e) so long as no Default has occurred and is continuing or would result therefrom, any Subsidiary of the Borrower may
merge into or consolidate with any other Person or permit any other Person to merge into or consolidate with it; provided, however, that in each case, immediately after giving effect thereto (i) in the case of any such merger to
which the Borrower is a party, the Borrower is the surviving corporation and (ii) in the case of any such merger to which any Loan Party (other than the Borrower) is a party, such Loan Party is the surviving corporation. 

7.05. Dispositions. Make any Disposition or enter into any agreement to make any Disposition, except: 

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

(c) Dispositions of equipment or real property to the extent that (i) such property is exchanged for credit against
the purchase price of similar replacement property or (ii) the proceeds of such Disposition are reasonably promptly applied to the purchase price of such replacement property; 

(d) Dispositions of property by any Subsidiary to the Borrower or to a Wholly-Owned Subsidiary; provided that if
the transferor of such property is a Guarantor, the transferee thereof must either be the Borrower or a Guarantor; 

(e) Dispositions permitted by Section 7.04; 

(f) licenses of patents, trademarks, copyrights and other intellectual property rights in the ordinary course of business;

 (g) Dispositions by Holdings and its Subsidiaries not otherwise permitted under this Section 7.05;
provided that (i) at the time of such Disposition, no Default shall exist or would result from such Disposition, (ii) the aggregate book value of all property Disposed of in reliance on this clause (h) in any fiscal year shall
not exceed $50.0 million and (iii) at least 75% of the purchase price for such asset shall be paid to the Borrower or such Subsidiary in cash; 

(h) so long as no Default shall occur and be continuing, the grant of any option or other right to purchase any asset in a
transaction that would be permitted under the provisions of Section 7.05(g); and 
 (i) Dispositions
by Holdings and its Subsidiaries in their capacity as licensed resellers of hardware or software in the ordinary course of business; 

provided, however, that any Disposition pursuant to Section 7.05(a) through Section 7.05(i) shall be for fair
market value. 
  

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 7.06. Restricted Payments. Declare or make, directly or indirectly, any Restricted
Payment, or incur any obligation (contingent or otherwise) to do so, or, solely with respect to the Borrower and its Subsidiaries, issue or sell any Equity Interests or accept any capital contributions, except that, so long as no Default shall have
occurred and be continuing at the time of any action described below or would result therefrom: 
 (a) each
Subsidiary may make Restricted Payments to Holdings, the Borrower, any Subsidiaries of the Borrower that are Guarantors and any other Person that owns a direct Equity Interest in such Subsidiary, ratably according to their respective holdings of the
type of Equity Interest in respect of which such Restricted Payment is being made; 
 (b) Holdings may declare
and make dividend payments or other distributions payable solely in the common stock or other common Equity Interests of Holdings; 

(c) Holdings may purchase, redeem or otherwise acquire its common Equity Interests with the proceeds received from the
substantially concurrent issue of new common Equity Interests; 
 (d) the repurchase, retirement or other
acquisition for value of Equity Interests of Holdings held by any future, present or former employee, director or consultant (or such person’s heirs or decedents) of the Borrower or Holdings or any Subsidiary of the Borrower pursuant to any
management equity plan or stock option plan or any other management or employee benefit plan or other agreement or arrangement; provided, however, that the aggregate amounts paid under this clause (d) do not exceed $3.0 million in
any calendar year; 
 (e) repurchases of Convertible Notes (i) on the Closing Date pursuant to the Tender
Offer and (ii) remaining outstanding after consummation of the Tender Offer; provided that at the time of such repurchase and after giving effect thereto, the amount by which the aggregate Revolving Credit Commitments exceeds the sum of
(i) the Outstanding Amount of Revolving Credit Loans and Swing Line Loans and (ii) the Outstanding Amount of L/C Obligations shall be no less than $50.0 million; and 

(f) if the Consolidated Leverage Ratio determined on a Pro Forma Basis as of the last day of the most recently ended
Measurement Period for which financial statements were required to have been delivered pursuant to Section 6.01(a) or (b), as applicable (or, if no Measurement Period has passed, as of the last four quarters ended), as if such
Restricted Payment had been made on the last day of such four quarter period, is less than or equal to 2.50:1.00, Holdings may make Restricted Payments in an aggregate amount equal to the portion, if any, of the Cumulative Credit on such date that
the Borrower elects to apply to this paragraph, such election to be specified in a written notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the
amount thereof elected to be so applied; provided that with respect to any such Restricted Payment, no Default has occurred and is continuing or would result therefrom. 

7.07. Change in Nature of Business. Engage in any material line of business substantially different from those lines of business
conducted by Holdings and its Subsidiaries on the date hereof or any business related or incidental thereto. 
 7.08.
Transactions with Affiliates. Enter into any transaction of any kind with any Affiliate of the Borrower, whether or not in the ordinary course of business, other than on fair and reasonable terms substantially as favorable to the Borrower or
such Subsidiary as would be obtainable by the Borrower or such Subsidiary at the time in a comparable arm’s length transaction with a Person other than an Affiliate; provided that the foregoing restriction shall not apply to
(a) transactions between or among the Loan Parties, (b) reasonable or customary indemnification and compensation arrangements for members of the board of directors (or similar governing body), officers and other employees of Holdings and
its respective Subsidiaries, including, without limitation, transaction-specific director fees and retirement, health, stock option and other benefit plans and arrangements, (c) sales of Qualified Capital Stock of Holdings to Affiliates of
Borrower not otherwise prohibited by the Loan Documents and the granting of registration and other customary rights in connection therewith, (d) any transaction with an Affiliate where the only consideration paid by any Loan Party is Qualified
Capital Stock of Holdings and (e) Restricted Payments permitted under Section 7.06. 
  

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 7.09. Burdensome Agreements. Enter into or permit to exist any Contractual Obligation
(other than this Agreement or any other Loan Document) that (a) limits the ability (i) of any Subsidiary to make Restricted Payments to the Borrower or any Guarantor or to otherwise transfer property to or invest in the Borrower or any
Guarantor, except for any agreement in effect (A) on the date hereof and set forth on Schedule 7.09 or (B) at the time any Subsidiary becomes a Subsidiary of Holdings, so long as such agreement was not entered into solely in
contemplation of such Person becoming a Subsidiary of Holdings, (ii) of any Subsidiary or of Holdings, to Guarantee the Indebtedness of the Borrower or (iii) of Holdings or any Subsidiary to create, incur, assume or suffer to exist Liens
on property of such Person; provided, however, that this clause (iii) shall not prohibit any negative pledge incurred or provided in favor of any holder of Indebtedness permitted under Section 7.02(f) solely to the
extent any such negative pledge relates to the property financed by or the subject of such Indebtedness; or (b) requires the grant of a Lien to secure an obligation of such Person if a Lien is granted to secure another obligation of such
Person. 
 7.10. Use of Proceeds. Use the proceeds of any Credit Extension, whether directly or indirectly, and whether
immediately, incidentally or ultimately, to purchase or carry margin stock (within the meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally
incurred for such purpose. 
 7.11. Financial Covenants. 

(a) Consolidated Leverage Ratio. Permit the Consolidated Leverage Ratio as of the end of any fiscal quarter of Holdings set forth
below to be greater than the ratio set forth below opposite such period: 
  

			
	Fiscal Quarters Ending	  	Maximum Consolidated
Leverage Ratio
	 December 31, 2010
	  	4.25 to 1.00
	 March 31, 2011
	  	4.25 to 1.00
	 June 30, 2011
	  	4.00 to 1.00
	 September 30, 2011
	  	4.00 to 1.00
	 December 31, 2011
	  	3.75 to 1.00
	 March 31, 2012
	  	3.75 to 1.00
	 June 30, 2012
	  	3.50 to 1.00
	 September 30, 2012
	  	3.50 to 1.00
	 December 31, 2012
	  	3.25 to 1.00
	 March 31, 2013
	  	3.25 to 1.00
	 June 30, 2013
	  	3.25 to 1.00
	 September 30, 2013
	  	3.25 to 1.00
	 December 31, 2013
	  	3.00 to 1.00
	 March 31, 2014
	  	3.00 to 1.00
	 June 30, 2014
	  	3.00 to 1.00
	 September 30, 2014
	  	3.00 to 1.00
	 December 31, 2014 and each fiscal
quarter thereafter
	  	2.75 to 1.00

 

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 (b) Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed Charge
Coverage Ratio as of the end of any fiscal quarter of Holdings to be less than the ratio set forth below opposite such fiscal quarter: 
  

			
	Fiscal Quarters Ending	  	
Minimum Consolidated
Fixed Charge Coverage

Ratio

	 December 31, 2010
	  	1.50 to 1.00
	 March 31, 2011
	  	1.50 to 1.00
	 June 30, 2011
	  	1.50 to 1.00
	 September 30, 2011
	  	1.50 to 1.00
	 December 31, 2011
	  	1.60 to 1.00
	 March 31, 2012
	  	1.60 to 1.00
	 June 30, 2012
	  	1.60 to 1.00
	 September 30, 2012
	  	1.60 to 1.00
	 December 31, 2012
	  	1.70 to 1.00
	 March 31, 2013
	  	1.70 to 1.00
	 June 30, 2013
	  	1.70 to 1.00
	 September 30, 2013
	  	1.70 to 1.00
	 December 31, 2013
	  	1.70 to 1.00
	 March 31, 2014
	  	1.70 to 1.00
	 June 30, 2014
	  	1.70 to 1.00
	 September 30, 2014
	  	1.70 to 1.00
	 December 31, 2014 and each fiscal
quarter thereafter
	  	1.75 to 1.00

7.12. Capital Expenditures. Beginning on January 1, 2011, make or become legally obligated to make any Capital Expenditure,
except for Capital Expenditures in the ordinary course of business not exceeding, in the aggregate for Holdings and it Subsidiaries during each fiscal year set forth below, the amount set forth opposite such fiscal year: 

 

				
	 Fiscal Year
	  	Amount
	 2011
	  	$	275 million
	 2012
	  	$	230 million
	 2013
	  	$	245 million
	 2014
	  	$	255 million
	 2015
	  	$	255 million
	 2016
	  	$	255 million

 ; provided,
however, that so long as no Default has occurred and is continuing or would result from such expenditure, any portion of any amount set forth above, if not expended in the fiscal year for which it is permitted above, may be carried over for
expenditure in the next following fiscal year; and provided, further, if any such amount is so carried over, it will be deemed used in the applicable subsequent fiscal year before the amount set forth opposite such fiscal year above.

 In addition to the Capital Expenditures permitted pursuant to the preceding paragraph, if the Consolidated Leverage Ratio
determined on a Pro Forma Basis as of the last day of the most recently ended Measurement Period for which financial statements were required to have been delivered pursuant to Section 6.01(a) or (b), as applicable (or, if no
Measurement Period has passed, as of the last four quarters ended), as if such Capital Expenditure had been made on the last day of such four quarter period, is less than or equal to 2.50:1.00, Holdings and its Subsidiaries may make additional
Capital Expenditures in an amount not to exceed the portion, if any, of the Cumulative Credit on the date of such Capital Expenditure that the Borrower elects to apply to this Section 7.12. 

7.13. Amendments of Organization Documents. Amend any of its Organization Documents in a manner materially adverse to the Lenders.

 7.14. Accounting Changes. Make any material change in (a) accounting policies or reporting practices, except as
required by GAAP, or (b) fiscal year. 
  

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 7.15. Prepayments, Etc. of Indebtedness. Prepay, redeem, purchase, defease or
otherwise satisfy prior to the scheduled maturity thereof in any manner, or make any payment in violation of any subordination terms of, any Junior Indebtedness, except (a) regularly scheduled or required repayments or redemptions of
Indebtedness set forth in Schedule 7.02 and refinancings and refundings of such Indebtedness in compliance with Section 7.02(d); (b) repurchases of Convertible Notes remaining outstanding after consummation of the Tender
Offer; provided that at the time of such repurchase and after giving effect thereto, the amount by which the aggregate Revolving Credit Commitments exceeds the sum of (i) the Outstanding Amount of Revolving Credit Loans and Swing Line
Loans and (ii) the Outstanding Amount of L/C Obligations shall be no less than $50.0 million; and (c) if the Consolidated Leverage Ratio, determined on a Pro Forma Basis as of the last day of the most recently ended Measurement Period for
which financial statements were required to have been delivered pursuant to Section 6.01(a) or (b), as applicable (or, if no Measurement Period has passed, as of the last four quarters ended), as if such prepayment, redemption,
purchase, defeasance or other payment in respect of Junior Indebtedness had been made on the last day of such four quarter period, is less than or equal to 2.50 to 1.00, prepayments, redemptions, purchases, defeasances and other payments in respect
of Junior Indebtedness prior to its scheduled maturity in an aggregate amount not to exceed the portion, if any, of the Cumulative Credit on such date that the Borrower elects to apply to this paragraph, such election to be specified in a written
notice of a Responsible Officer of the Borrower calculating in reasonable detail the amount of Cumulative Credit immediately prior to such election and the amount thereof elected to be so applied. 

ARTICLE VIII 

EVENTS OF DEFAULT AND REMEDIES 

8.01. Events of Default. Any of the following shall constitute an Event of Default: 

(a) Non-Payment. The Borrower or any other Loan Party fails to (i) pay when and as required to be paid herein,
any amount of principal of any Loan or any L/C Obligation or deposit any funds as Cash Collateral in respect of L/C Obligations, or (ii) pay within three Business Days after the same becomes due, any interest on any Loan or on any L/C
Obligation, or any fee due hereunder, or (iii) pay within five Business Days after the same becomes due, any other amount payable hereunder or under any other Loan Document; or 

(b) Specific Covenants. (i) The Borrower fails to perform or observe any term, covenant or agreement contained
in any of Section 6.01, 6.02, 6.03, 6.05, 6.10, 6.11, 6.12 or Article VII or (ii) any of the Guarantors fails to perform or observe any term, covenant or agreement contained in the
Guaranty corresponding to any such section; provided that no more than two (2) times during any fiscal year, Borrower may fail to deliver in a timely manner a delivery required by Section 6.01 or 6.02 (other than
Sections 6.02(g), (h) and (i)) if such delivery shall occur no later than two (2) Business Days following the applicable due date thereof; or 

(c) Other Defaults. Any Loan Party fails to perform or observe any other covenant or agreement (not specified in
Section 8.01(a) or (b) above) contained in any Loan Document on its part to be performed or observed and such failure continues for 30 days from the earlier of (i) the Borrower’s knowledge of such Default and
(ii) notice thereof from the Administrative Agent; or 
 (d) Representations and Warranties. Any
representation, warranty, certification or statement of fact made or deemed made by or on behalf of the Borrower or any other Loan Party herein, in any other Loan Document, or in any document delivered in connection herewith or therewith shall be
incorrect or misleading in any material respect when made or deemed made; or 
 (e) Cross-Default.
(i) Any Loan Party or any Subsidiary thereof (A) fails to make any payment when due (subject to applicable grace or cure periods) (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any
Indebtedness or Guarantee (other than Indebtedness hereunder and Indebtedness under Swap Contracts) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any
combined or syndicated credit arrangement) of more than the Threshold Amount, or (B) fails (beyond any applicable grace or cure period) to observe or perform any other agreement or condition relating to any

  

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such Indebtedness or Guarantee or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of which default or other event is to
cause, or to permit the holder or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if
required, such Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated
maturity, or such Guarantee to become payable or cash collateral in respect thereof to be demanded; or (ii) there occurs under any Swap Contract an Early Termination Date (as defined in such Swap Contract) resulting from (A) any event of
default under such Swap Contract as to which a Loan Party or any Subsidiary thereof is the Defaulting Party (as defined in such Swap Contract) or (B) any Termination Event (as so defined) under such Swap Contract as to which a Loan Party or any
Subsidiary thereof is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by such Loan Party or such Subsidiary as a result thereof is greater than the Threshold Amount; or 

(f) Insolvency Proceedings, Etc. Any Loan Party or any Subsidiary thereof institutes or consents to the institution
of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer for it
or for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged
or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for 60
calendar days, or an order for relief is entered in any such proceeding; or 
 (g) Inability to Pay Debts;
Attachment. (i) Any Loan Party or any Subsidiary thereof becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar
process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 45 days after its issue or levy; or 

(h) Judgments. There is entered against any Loan Party or any Subsidiary thereof (i) one or more final
judgments or orders for the payment of money in an aggregate amount (as to all such judgments and orders) exceeding the Threshold Amount (to the extent not covered by independent third-party insurance as to which the insurer is rated at least
“A” by A.M. Best Company, has been notified of the potential claim and does not dispute coverage), or (ii) any one or more non-monetary final judgments that have, or would reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect and, in either case, (A) enforcement proceedings are commenced by any creditor upon such judgment or order, or (B) there is a period of 30 consecutive days during which a stay of enforcement of such
judgment, by reason of a pending appeal or otherwise, is not in effect; or 
 (i) ERISA. (i) An ERISA
Event occurs with respect to a Pension Plan or Multiemployer Plan which has resulted or would reasonably be expected to result in liability of the Borrower under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an
aggregate amount in excess of the Threshold Amount, or (ii) the Borrower or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under
Section 4201 of ERISA under a Multiemployer Plan in an aggregate amount in excess of the Threshold Amount; or 

(j) Invalidity of Loan Documents. Any provision of any Loan Document, at any time after its execution and delivery
and for any reason other than as expressly permitted hereunder or thereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or any Loan Party contests in any manner the validity or enforceability of any
provision of any Loan Document; or any Loan Party denies that it has any or further liability or obligation under any provision of any Loan Document, or purports to revoke, terminate or rescind any provision of any Loan Document; or 

 

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 (k) Change of Control. There occurs any Change of Control; or

 (l) Collateral Documents. Any Collateral Document after delivery thereof pursuant to
Section 4.01 or 6.12 shall for any reason (other than pursuant to the terms thereof) cease to create a valid and perfected first priority Lien (subject to Permitted Liens) on the Collateral purported to be covered thereby where
the value of the collateral purported to be covered thereby is in excess of $2.5 million. 
 8.02. Remedies upon Event
of Default. If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions: 

(a) declare the commitment of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions
to be terminated, whereupon such commitments and obligation shall be terminated; 
 (b) declare the unpaid
principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other
notice of any kind, all of which are hereby expressly waived by the Borrower; 
 (c) require that the Borrower
Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount thereof); and 
 (d)
exercise on behalf of itself, the Lenders and the L/C Issuer all rights and remedies available to it, the Lenders and the L/C Issuer under the Loan Documents; 

provided, however, that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the
Debtor Relief Laws, the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts
as aforesaid shall automatically become due and payable, and the obligation of the Borrower to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective, in each case without further act of the Administrative Agent or
any Lender. 
 8.03. Application of Funds. After the exercise of remedies provided for in Section 8.02 (or
after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), any amounts received on account of the
Obligations shall, subject to the provisions of Sections 2.14 and 2.15, be applied by the Administrative Agent in the following order: 

First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts
(including fees, charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; 

Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than
principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer arising under the Loan Documents and amounts payable under
Article III, ratably among them in proportion to the respective amounts described in this clause Second payable to them; 

Third, to payment of that portion of the Obligations constituting accrued and unpaid Letter of Credit Fees and
interest on the Loans, L/C Borrowings and other Obligations arising under the Loan Documents, ratably among the Lenders and the L/C Issuer in proportion to the respective amounts described in this clause Third payable to them; 

 

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 Fourth, to payment of that portion of the Obligations constituting
unpaid principal of the Loans, L/C Borrowings and Obligations then owing under Secured Hedge Agreements and Secured Cash Management Agreements, ratably among the Lenders, the L/C Issuer, the Hedge Banks and the Cash Management Banks in proportion to
the respective amounts described in this clause Fourth held by them; 
 Fifth, to the
Administrative Agent for the account of the L/C Issuer, to Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit to the extent not otherwise Cash Collateralized by the Borrower pursuant to
Sections 2.04 and 2.14; and 
 Last, the balance, if any, after all of the Obligations have
been indefeasibly paid in full, to the Borrower or as otherwise required by Law. 
 Subject to Sections 2.03(c) and
2.14, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit
as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above. 

Notwithstanding the foregoing, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements shall be
excluded from the application described above if the Administrative Agent has not received written notice thereof, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge
Bank, as the case may be. Each Cash Management Bank or Hedge Bank not a party to the Credit Agreement that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed to have acknowledged and accepted the appointment
of the Administrative Agent pursuant to the terms of Article IX hereof for itself and its Affiliates as if a “Lender” party hereto. 

ARTICLE IX 

ADMINISTRATIVE AGENT 

9.01. Appointment and Authority. 

(a) Each of the Lenders and the L/C Issuer hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent
hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such
actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuer, and neither the Borrower nor any other Loan Party shall have rights as a
third party beneficiary of any of such provisions. 
 (b) The Administrative Agent shall also act as the “collateral
agent” under the Loan Documents, and each of the Lenders (including in its capacities as a potential Hedge Bank and a potential Cash Management Bank) and the L/C Issuer hereby irrevocably appoints and authorizes the Administrative Agent to act
as the agent of such Lender and the L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are
reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the Administrative Agent pursuant to Section 9.05 for purposes
of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Collateral Documents, or for exercising any rights and remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits
of all provisions of this Article IX and Article XI (including Section 11.04(c), as though such co-agents, sub-agents and attorneys-in-fact were the “collateral agent” under the Loan Documents) as if set forth in
full herein with respect thereto. 
 9.02. Rights as a Lender. The Person serving as the Administrative Agent hereunder
shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly
indicated or 
  

 -81- 

 
unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend
money to, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with Holdings or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and
without any duty to account therefor to the Lenders. 
 9.03. Exculpatory Provisions. The Administrative Agent shall not
have any duties or obligations except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

(a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; 
 (b) shall not have any duty to take any discretionary action or exercise any discretionary powers,
except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the
Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the
Administrative Agent to liability or that is contrary to any Loan Document or applicable law; and 
 (c) shall
not, except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or
obtained by the Person serving as the Administrative Agent or any of its Affiliates in any capacity. 
 (d) The
Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative
Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 11.01 and 8.02) or (ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be
deemed not to have knowledge of any Default unless and until notice describing such Default is given to the Administrative Agent by the Borrower, a Lender or the L/C Issuer. 

(e) The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any
statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or
therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness
of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created by the Collateral Documents, (v) the value or the sufficiency of any
Collateral, or (v) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 

9.04. Reliance by Administrative Agent. The Administrative Agent shall be entitled to rely upon, and shall not incur any liability
for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have
been signed, sent or otherwise authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any
liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the
Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuer unless the Administrative Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to the making of such Loan or
the issuance of such Letter of 
  

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Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any
action taken or not taken by it in accordance with the advice of any such counsel, accountants or experts. 
 9.05.
Delegation of Duties. The Administrative Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by the Administrative Agent.
The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and
to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent.

 9.06. Resignation of Administrative Agent. The Administrative Agent may at any time give notice of its resignation to
the Lenders, the L/C Issuer and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be a bank with an office in the United
States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative
Agent gives notice of its resignation, then the retiring Administrative Agent may on behalf of the Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that if the
Administrative Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (a) the retiring Administrative
Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the Administrative Agent on behalf of the Lenders or the L/C Issuer under any of the
Loan Documents, the retiring Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is appointed) and (b) all payments, communications and determinations provided to be made by,
to or through the Administrative Agent shall instead be made by or to each Lender and the L/C Issuer directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided for above in this Section. Upon the
acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Administrative Agent, and the
retiring Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a
successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan
Documents, the provisions of this Article and Section 11.04 shall continue in effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to
be taken by any of them while the retiring Administrative Agent was acting as Administrative Agent. 
 Any resignation by Bank
of America as Administrative Agent pursuant to this Section shall also constitute its resignation as L/C Issuer and Swing Line Lender. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, (i) such successor
shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer and Swing Line Lender, (ii) the retiring L/C Issuer and Swing Line Lender shall be discharged from all of their respective
duties and obligations hereunder or under the other Loan Documents, and (iii) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other
arrangements satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C Issuer with respect to such Letters of Credit. 

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

  

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 9.08. No Other Duties, Etc.. Anything herein to the contrary notwithstanding, none of
the Lead Arrangers or Arrangers listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender
or the L/C Issuer hereunder. 
 9.09. Administrative Agent May File Proofs of Claim. In case of the pendency of any
proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by
declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 

(a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans,
L/C Obligations and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuer and the Administrative Agent (including any claim for
the reasonable compensation, expenses, disbursements and advances of the Lenders, the L/C Issuer and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuer and the Administrative Agent
under Sections 2.03(i) and (j), 2.09 and 11.04) allowed in such judicial proceeding; and 

(b) to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the
same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is
hereby authorized by each Lender and the L/C Issuer to make such payments to the Administrative Agent and, if the Administrative Agent shall consent to the making of such payments directly to the Lenders and the L/C Issuer, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Sections 2.09 and
11.04. 
 Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or
accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or the L/C Issuer to authorize the Administrative Agent to vote in
respect of the claim of any Lender or the L/C Issuer or in any such proceeding. 
 9.10. Collateral and Guaranty Matters.
Each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank) and the L/C Issuer irrevocably authorize the Administrative Agent, at its option and in its discretion, 

(a) to release any Lien on any property granted to or held by the Administrative Agent under any Loan Document
(i) upon termination of the Aggregate Commitments and payment in full of all Obligations (other than (A) contingent indemnification obligations and (B) obligations and liabilities under Secured Cash Management Agreements and Secured
Hedge Agreements as to which arrangements satisfactory to the applicable Cash Management Bank or Hedge Bank shall have been made) and the expiration or termination of all Letters of Credit (other than Letters of Credit as to which other arrangements
satisfactory to the Administrative Agent and the L/C Issuer shall have been made), (ii) that is sold or to be sold as part of or in connection with any sale permitted hereunder or under any other Loan Document, or (iii) if approved,
authorized or ratified in writing in accordance with Section 11.01; 
 (b) to release any Guarantor
from its obligations under the Guaranty if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder; and 
  

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 (c) to subordinate any Lien on any property granted to or held by the
Administrative Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.01(i). 

Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s
authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the Guaranty pursuant to this Section 9.10. In each case as specified in this
Section 9.10, the Administrative Agent will, at the Borrower’s expense, execute and deliver to the applicable Loan Party such documents as such Loan Party may reasonably request to evidence the release of such item of Collateral
from the assignment and security interest granted under the Collateral Documents or to subordinate its interest in such item, or to release such Guarantor from its obligations under the Guaranty, in each case in accordance with the terms of the Loan
Documents and this Section 9.10. 
 9.11. Secured Cash Management Agreements and Secured Hedge Agreements. No
Cash Management Bank or Hedge Bank that obtains the benefits of Section 8.03, the Guaranty or any Collateral by virtue of the provisions hereof or of the Guaranty or any Collateral Document shall have any right to notice of any action or
to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only
to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements
have been made with respect to, Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as
the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. 
 9.12.
Withholding Tax. To the extent required by any applicable Law, the Administrative Agent may deduct or withhold from any payment to any Lender an amount equivalent to any applicable withholding Tax. If the Internal Revenue Service or any other
authority of the United States or other jurisdiction asserts a claim that the Administrative Agent did not properly withhold Tax from amounts paid to or for the account of any Lender for any reason (including, without limitation, because the
appropriate form was not delivered or not property executed, or because such Lender failed to notify the Administrative Agent of a change in circumstance that rendered the exemption from, or reduction of withholding Tax ineffective, or for any other
reason), such Lender shall indemnify and hold harmless the Administrative Agent (to the extent that the Administrative Agent has not already been reimbursed by Borrower pursuant to Sections 3.01 and 3.04 and without limiting any
obligation of Borrower to do so pursuant to such Sections) fully for all amounts paid, directly or indirectly, by the Administrative Agent as Taxes or otherwise (including any and all related losses, claims, liabilities, penalties, and interest),
together with all expenses incurred, including legal expenses and any other out-of-pocket expenses, whether or not such Tax was correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate as to the amount of such
payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender shall make payment in respect thereof within 10 days after demand therefor. Each Lender hereby authorizes the
Administrative Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement or any other Loan Document against any amount due to the Administrative Agent under this Section 9.12. The agreements in
this Section 9.12 shall survive the resignation and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender, the termination of this Agreement and the repayment, satisfaction or discharge
of all other Obligations. For purposes of this Section 9.12, the term “Lender” shall include any L/C Issuer and Swing Line Lender. 

ARTICLE X 

CONTINUING GUARANTY 

10.01. Guaranty. Holdings hereby absolutely and unconditionally guarantees, as a guaranty of payment and performance and not
merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise, and at all times thereafter, of any and all of the Obligations, whether for principal, interest,
premiums, fees, indemnities, damages, costs, expenses or otherwise, of the Borrower to the Secured Parties, and whether arising hereunder or under any other Loan Document, any Secured Cash Management Agreement or any Secured Hedge Agreement
(including all renewals, extensions, amendments, 
  

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refinancings and other modifications thereof and all reasonable out-of-pocket costs, attorneys’ fees and expenses incurred by the Secured Parties in connection with the collection or
enforcement thereof). The Administrative Agent’s books and records showing the amount of the Obligations shall be admissible in evidence in any action or proceeding, and shall be binding upon Holdings, and conclusive for the purpose of
establishing the amount of the Obligations, absent a showing of manifest error. This Guaranty shall not be affected by the genuineness, validity, regularity or enforceability of the Obligations or any instrument or agreement evidencing any
Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the Obligations which might otherwise constitute a defense to the obligations of
Holdings under this Guaranty (other than payment in full of the Obligations), and Holdings hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the foregoing. 

10.02. Rights of Lenders. Holdings consents and agrees that the Secured Parties may, at any time and from time to time, without
notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate or otherwise change the time for payment or the terms of the Obligations or any part
thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Obligations; (c) apply such security and direct the order or manner of sale
thereof as the Administrative Agent, the L/C Issuer and the Lenders in their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other guarantors of any of the Obligations. Without limiting the
generality of the foregoing, Holdings consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of Holdings under this Guaranty or which, but for this provision, might operate as a discharge
of Holdings. 
 10.03. Certain Waivers. Holdings waives (a) any defense arising by reason of any disability or other
defense of the Borrower or any other guarantor, or the cessation from any cause whatsoever (including any act or omission of any Secured Party) of the liability of the Borrower; (b) any defense based on any claim that Holdings’ obligations
exceed or are more burdensome than those of the Borrower; (c) the benefit of any statute of limitations affecting Holdings’ liability hereunder; (d) any right to proceed against the Borrower, proceed against or exhaust any security
for the Obligations, or pursue any other remedy in the power of any Secured Party whatsoever; (e) any benefit of and any right to participate in any security now or hereafter held by any Secured Party; and (f) to the fullest extent
permitted by law, any and all other defenses or benefits that may be derived from or afforded by applicable law limiting the liability of or exonerating guarantors or sureties. Holdings expressly waives all setoffs and counterclaims and all
presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest, notices of dishonor and all other notices or demands of any kind or nature whatsoever with respect to the Obligations, and all
notices of acceptance of this Guaranty or of the existence, creation or incurrence of new or additional Obligations. As provided below, this Guaranty shall be governed by, and construed in accordance with, the laws of the State of New York.

 10.04. Obligations Independent. The obligations of Holdings hereunder are those of primary obligor, and not merely as
surety, and are independent of the Obligations and the obligations of any other guarantor, and a separate action may be brought against Holdings to enforce this Guaranty whether or not the Borrower or any other person or entity is joined as a party.

 10.05. Subrogation. Holdings shall not exercise any right of subrogation, contribution, indemnity, reimbursement or
similar rights with respect to any payments it makes under this Guaranty until all of the Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full and the Commitments and the Facilities are
terminated. If any amounts are paid to Holdings in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured Parties and shall forthwith be paid to the Secured Parties to reduce the amount of the
Obligations, whether matured or unmatured. 
 10.06. Termination; Reinstatement. This Guaranty is a continuing and
irrevocable guaranty of all Obligations now or hereafter existing and shall remain in full force and effect until all Obligations and any other amounts payable under this Guaranty are indefeasibly paid in full in cash and the Commitments and the
Facilities with respect to the Obligations are terminated. Notwithstanding the foregoing, this Guaranty shall continue in full force and effect or be revived, as the case may be, if any payment by or on behalf of the Borrower or Holdings is made, or
any of the Secured Parties exercises its right of setoff, in respect of the Obligations and such payment or the 
  

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proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by any
of the Secured Parties in their discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Laws or otherwise, all as if such payment had not been made or such setoff had not occurred
and whether or not the Secured Parties are in possession of or have released this Guaranty and regardless of any prior revocation, rescission, termination or reduction. The obligations of Holdings under this paragraph shall survive termination of
this Guaranty. 
 10.07. Subrogation. Holdings hereby subordinates the payment of all obligations and indebtedness of the
Borrower owing to Holdings, whether now existing or hereafter arising, including but not limited to any obligation of the Borrower to Holdings as subrogee of the Secured Parties or resulting from Holdings’ performance under this Guaranty, to
the indefeasible payment in full in cash of all Obligations. If the Secured Parties so request, any such obligation or indebtedness of the Borrower to Holdings shall be enforced and performance received by Holdings as trustee for the Secured Parties
and the proceeds thereof shall be paid over to the Secured Parties on account of the Obligations, but without reducing or affecting in any manner the liability of Holdings under this Guaranty. 

10.08. Stay of Acceleration. If acceleration of the time for payment of any of the Obligations is stayed, in connection with any
case commenced by or against Holdings or the Borrower under any Debtor Relief Laws, or otherwise, all such amounts shall nonetheless be payable by Holdings immediately upon demand by the Secured Parties. 

10.09. Condition of Borrower. Holdings acknowledges and agrees that it has the sole responsibility for, and has adequate means of,
obtaining from the Borrower and any other guarantor such information concerning the financial condition, business and operations of the Borrower and any such other guarantor as Holdings requires, and that none of the Secured Parties has any duty,
and Holdings is not relying on the Secured Parties at any time, to disclose to Holdings any information relating to the business, operations or financial condition of the Borrower or any other guarantor (Holdings waiving any duty on the part of the
Secured Parties to disclose such information and any defense relating to the failure to provide the same). 
 ARTICLE XI

 MISCELLANEOUS 

11.01. Amendments, Etc. No amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to
any departure by the Borrower or any other Loan Party therefrom, shall be effective unless in writing signed by the Required Lenders and the Borrower or the applicable Loan Party, as the case may be, and acknowledged by the Administrative Agent, and
each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, however, that no such amendment, waiver or consent shall: 

(a) waive any condition set forth in Section 4.01 (other than Section 4.01(b)(i) or (c)),
or, in the case of the initial Credit Extension, Section 4.02, without the written consent of each Lender; 

(b) without limiting the generality of clause (a) above, waive any condition set forth in Section 4.02 as
to any Credit Extension without the written consent of the Required Revolving Lenders; 
 (c) extend or increase
the Commitment of any Lender (or reinstate any Commitment terminated pursuant to Section 8.02) without the written consent of such Lender; 

(d) postpone any date fixed by this Agreement or any other Loan Document for (i) any payment (excluding mandatory
prepayments) of principal, interest, fees or other amounts due to the Lenders (or any of them) hereunder or under such other Loan Document without the written consent of each Lender entitled to such payment or (ii) any scheduled reduction of
any Facility hereunder or under any other Loan Document without the written consent of each Appropriate Lender; 
  

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 (e) reduce the principal of, or the rate of interest specified herein on,
any Loan or L/C Borrowing, or (subject to clause (iv) of the second proviso to this Section 11.01) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender entitled to
such amount; provided, however, that only the consent of the Required Lenders shall be necessary (i) to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay interest or Letter of
Credit Fees at the Default Rate or (ii) to amend any financial covenant hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest on any Loan or L/C Borrowing or to reduce any fee
payable hereunder; 
 (f) amend Section 1.08 or the definition of “Alternative Currency”
without the written consent of each Revolving Credit Lender; 
 (g) change (i) Section 8.03 in a
manner that would alter the pro rata sharing of payments required thereby without the written consent of each Lender adversely affected thereby or (ii) the order of application of any reduction in the Commitments or any prepayment of Loans
among the Facilities from the application thereof set forth in the applicable provisions of Section 2.05(b) or 2.06(b), respectively, in any manner that materially and adversely affects the Lenders under a Facility without the
written consent of (i) if such Facility is the Term Facility, the Required Term Lenders and (ii) if such Facility is the Revolving Credit Facility, the Required Revolving Lenders; 

(h) change (i) any provision of this Section 11.01 or the definition of “Required Lenders” or
any other provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder (other than the definitions specified in clause
(ii) of this Section 11.01(h)), without the written consent of each Lender or (ii) the definition of “Required Revolving Lenders,” or “Required Term Lenders” without the written consent of each Lender under
the applicable Facility; 
 (i) release all or substantially all of the Collateral in any transaction or series
of related transactions, without the written consent of each Lender; 
 (j) release all or substantially all of
the value of the Guaranty, without the written consent of each Lender, except to the extent the release of any Subsidiary from the Guaranty is permitted pursuant to Section 9.10 (in which case such release may be made by the
Administrative Agent acting alone); or 
 (k) impose any greater restriction on the ability of any Lender to
assign any of its rights or obligations hereunder without the written consent of such Lender; 
 and provided, further, that
(i) no amendment, waiver or consent shall, unless in writing and signed by the L/C Issuer in addition to the Lenders required above, affect the rights or duties of the L/C Issuer under this Agreement or any Issuer Document relating to any
Letter of Credit issued or to be issued by it; (ii) no amendment, waiver or consent shall, unless in writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or duties of the Swing Line Lender
under this Agreement; (iii) no amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement
or any other Loan Document; and (iv) the Fee Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have
any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable
Lenders other than Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (y) any waiver, amendment or modification requiring the consent of all
Lenders or each affected Lender that by its terms affects any Defaulting Lender more adversely than other affected Lenders shall require the consent of such Defaulting Lender. 

 

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 Notwithstanding any provision herein to the contrary, this Agreement may be amended with the
written consent of the Required Lenders, the Administrative Agent and the Borrower (i) to add one or more additional revolving credit or term loan facilities to this Agreement and to permit the extensions of credit and all related obligations
and liabilities arising in connection therewith from time to time outstanding to share ratably (or on a basis subordinated to the existing facilities hereunder) in the benefits of this Agreement and the other Loan Documents with the obligations and
liabilities from time to time outstanding in respect of the existing facilities hereunder, and (ii) in connection with the foregoing, to permit, as deemed appropriate by the Administrative Agent and approved by the Required Lenders, the Lenders
providing such additional credit facilities to participate in any required vote or action required to be approved by the Required Lenders or by any other number, percentage or class of Lenders hereunder. 

If any Lender does not consent to a proposed amendment, waiver, consent or release with respect to any Loan Document that requires the
consent of each Lender and that has been approved by the Required Lenders, the Borrower may replace such non-consenting Lender in accordance with Section 11.13; provided that such amendment, waiver, consent or release can be
effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrower to be made pursuant to this paragraph). 

11.02. Notices; Effectiveness; Electronic Communications. 

(a) Notices Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and
except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopier
as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i) if to Holdings, the Borrower, the Administrative Agent, the L/C Issuer or the Swing Line Lender, to the address,
telecopier number, electronic mail address or telephone number specified for such Person on Schedule 11.02; and 

(ii) if to any other Lender, to the address, telecopier number, electronic mail address or telephone number specified in
its Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the delivery of notices that may contain material non-public
information relating to the Borrower). 
 Notices and other communications sent by hand or overnight courier service, or mailed by certified or
registered mail, shall be deemed to have been given when received; notices and other communications sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal business hours for the recipient, shall be
deemed to have been given at the opening of business on the next business day for the recipient). Notices and other communications delivered through electronic communications to the extent provided in subsection (b) below shall be effective as
provided in such subsection (b). 
 (b) Electronic Communications. Notices and other communications to the Lenders and
the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Administrative Agent, provided that the foregoing shall not apply
to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is incapable of receiving notices under such Article by electronic communication.
The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures
may be limited to particular notices or communications. 
 Unless the Administrative Agent otherwise prescribes,
(i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as
available, return e-mail or other written acknowledgement), provided that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to have been sent at
the opening of business on the next business day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as
described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor. 
  

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 (c) The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS
AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO
WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN
CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to Holdings, the Borrower, any Lender, the L/C
Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Borrower Materials through the
Internet, except to the extent that such losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of
such Agent Party; provided, however, that in no event shall any Agent Party have any liability to Holdings, the Borrower, any Lender, the L/C Issuer or any other Person for indirect, special, incidental, consequential or punitive
damages (as opposed to direct or actual damages). 
 (d) Change of Address, Etc. Each of Holdings, the Borrower, the
Administrative Agent, the L/C Issuer and the Swing Line Lender may change its address, telecopier or telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address,
telecopier or telephone number for notices and other communications hereunder by notice to the Borrower, the Administrative Agent, the L/C Issuer and the Swing Line Lender. In addition, each Lender agrees to notify the Administrative Agent from time
to time to ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, telecopier number and electronic mail address to which notices and other communications may be sent and (ii) accurate
wire instructions for such Lender. Furthermore, each Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the
content declaration screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance procedures and applicable Law, including United States Federal and state securities Laws, to
make reference to Borrower Materials that are not made available through the “Public Side Information” portion of the Platform and that may contain material non-public information with respect to the Borrower or its securities for purposes
of United States Federal or state securities laws. 
 (e) Reliance by Administrative Agent, L/C Issuer and Lenders. The
Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon any notices (including telephonic Committed Loan Notices and Swing Line Loan Notices) purportedly given by or on behalf of the Borrower even if (i) such
notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof.
The Borrower shall indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given
by or on behalf of the Borrower. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording. 

11.03. No Waiver; Cumulative Remedies; Enforcement. No failure by any Lender, the L/C Issuer or the Administrative Agent to
exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other Loan Document shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy, power or
privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided, and provided under each other Loan Document, are
cumulative and not exclusive of any rights, remedies, powers and privileges provided by law. 
 Notwithstanding anything to the
contrary contained herein or in any other Loan Document, the authority to enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties or any of them shall be vested exclusively in, and all actions and
proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative Agent in accordance with Section 8.02 for the benefit 

 

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of all the Lenders and the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the Administrative Agent from exercising on its own behalf the rights and
remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) the L/C Issuer or the Swing Line Lender from exercising the rights and remedies that inure to its benefit
(solely in its capacity as L/C Issuer or Swing Line Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in accordance with Section 11.08 (subject to the terms of
Section 2.13), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party under any Debtor Relief Law; and provided,
further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then (i) the Required Lenders shall have the rights otherwise ascribed to the Administrative Agent pursuant to
Section 8.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 2.13, any Lender may, with the consent of the Required Lenders, enforce any
rights and remedies available to it and as authorized by the Required Lenders. 
 11.04. Expenses; Indemnity; Damage
Waiver. 
 (a) Costs and Expenses. The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by
the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the syndication of the credit facilities provided for herein, the preparation,
negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall
be consummated), (ii) all reasonable out-of-pocket expenses incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all
out-of-pocket expenses incurred by the Administrative Agent, any Lender or the L/C Issuer (including the reasonable fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the L/C Issuer), in connection with the
enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with Loans made or Letters of Credit issued hereunder, including all
such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. 

(b) Indemnification by the Borrower. The Borrower shall indemnify the Administrative Agent (and any sub-agent thereof), each
Lender and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and
related expenses (including the reasonable fees, charges and disbursements of any counsel for any Indemnitee), incurred by any Indemnitee or asserted against any Indemnitee by any third party or by the Borrower or any other Loan Party arising out
of, in connection with, or as a result of (i) the execution or delivery of this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective
obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement
and the other Loan Documents, (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in
connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on or from any property owned or operated by the Borrower or any of its
Subsidiaries, or any Environmental Liability related in any way to the Borrower or any of its Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on
contract, tort or any other theory, whether brought by a third party or by the Borrower or any other Loan Party or any of the Borrower’s or such Loan Party’s directors, shareholders or creditors, and regardless of whether any Indemnitee is
a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final
and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee or (y) result from a claim brought by the Borrower or any other Loan Party against an Indemnitee for breach in bad faith of such
Indemnitee’s obligations hereunder or under any other Loan Document, if the Borrower or such Loan Party has obtained a final and nonappealable judgment in its favor on such claim as determined by a court of competent jurisdiction. 

 

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 (c) Reimbursement by Lenders. To the extent that the Borrower for any reason fails to
indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it to the Administrative Agent (or any sub-agent thereof), the L/C Issuer or any Related Party of any of the foregoing, each Lender severally
agrees to pay to the Administrative Agent (or any such sub-agent), the L/C Issuer or such Related Party, as the case may be, such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity
payment is sought) of such unpaid amount, provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such
sub-agent) or the L/C Issuer in its capacity as such, or against any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or L/C Issuer in connection with such capacity. The obligations of the Lenders
under this subsection (c) are subject to the provisions of Section 2.12(d). 
 (d) Waiver of Consequential
Damages, Etc. To the fullest extent permitted by applicable law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed
to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of
Credit or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended
recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or
actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction. 

(e) Payments. All amounts due under this Section shall be payable not later than ten Business Days after demand therefor.

 (f) Survival. The agreements in this Section shall survive the resignation of the Administrative Agent, the L/C Issuer
and the Swing Line Lender, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations. 

11.05. Payments Set Aside. To the extent that any payment by or on behalf of the Borrower is made to the Administrative Agent, the
L/C Issuer or any Lender, or the Administrative Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or
preferential, set aside or required (including pursuant to any settlement entered into by the Administrative Agent, the L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any
proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not
been made or such setoff had not occurred, and (b) each Lender and the L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by the
Administrative Agent, plus interest thereon from the date of such demand to the date such payment is made at a rate per annum equal to the applicable Overnight Rate from time to time in effect, in the applicable currency of such recovery or
payment. The obligations of the Lenders and the L/C Issuer under clause (b) of the preceding sentence shall survive the payment in full of the Obligations and the termination of this Agreement. 

11.06. Successors and Assigns. 

(a) Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns permitted hereby, except that neither the Borrower nor any other Loan Party may assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of
the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of Section 11.06(b), (ii) by way of
participation in accordance with the provisions of Section 11.06(d), or (iii) by way of pledge or assignment of a security interest subject to the restrictions of Section 11.06(f) (and any other attempted assignment or
transfer by any party hereto shall be null and void). Nothing in this Agreement, 
  

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expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants to the extent provided in
subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this
Agreement. 
 (b) Assignments by Lenders. Any Lender may at any time assign to one or more assignees all or a portion of
its rights and obligations under this Agreement (including all or a portion of its Commitment(s) and the Loans (including for purposes of this Section 11.06(b), participations in L/C Obligations and in Swing Line Loans) at the time owing
to it); provided that any such assignment shall be subject to the following conditions: 
 (i) Minimum
Amounts. 
 (A) in the case of an assignment of the entire remaining amount of the assigning Lender’s
Commitment under any Facility and the Loans at the time owing to it under such Facility or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B) in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the Commitment (which for
this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the Assignment and
Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5,000,000, in the case of any assignment
in respect of the Revolving Credit Facility, or $1,000,000, in the case of any assignment in respect of either Term Facility, unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower
otherwise consents (each such consent not to be unreasonably withheld or delayed); provided, however, that concurrent assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to a single
Eligible Assignee (or to an Eligible Assignee and members of its Assignee Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met; 

(ii) Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all
the assigning Lender’s rights and obligations under this Agreement with respect to the Loans or the Commitment assigned, except that this clause (ii) shall not (A) apply to the Swing Line Lender’s rights and obligations in
respect of Swing Line Loans or (B) prohibit any Lender from assigning all or a portion of its rights and obligations among separate Facilities on a non-pro rata basis; 

(iii) Required Consents. No consent shall be required for any assignment except to the extent required by
subsection (b)(i)(B) of this Section and, in addition: 
 (A) the consent of the Borrower (such consent not to be
unreasonably withheld) shall be required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund; provided that
the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within five (5) Business Days after having received notice thereof; 

(B) the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed) shall be required
for assignments in respect of (1) any Term Commitment if such assignment is to a Person that is not a Lender with a Commitment in respect of the Term Facility, an Affiliate of such Lender or an Approved Fund with respect to such Lender,
(2) any Revolving Credit Commitment or (3) any Term Loan to a Person that is not a Lender, an Affiliate of a Lender or an Approved Fund; 
  

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 (C) the consent of the L/C Issuer (such consent not to be unreasonably
withheld or delayed) shall be required for any assignment in respect of the Revolving Credit Facility; and 
 (D)
the consent of the Swing Line Lender (such consent not to be unreasonably withheld or delayed) shall be required for any assignment in respect of the Revolving Credit Facility. 

(iv) Assignment and Assumption. The parties to each assignment shall execute and deliver to the Administrative
Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation
fee in the case of any assignment. The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire. 

(v) No Assignment to Certain Persons. No such assignment shall be made (A) to the Borrower or any of the
Borrower’s Affiliates or Subsidiaries, or (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), or
(C) to a natural person. 
 (vi) Certain Additional Payments. In connection with any assignment of
rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the
Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with
the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to
(x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of
all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall
become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 

Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after
the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender
under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption
covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05 and
11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a
Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with
Section 11.06(d). 
 (c) Register. The Administrative Agent, acting solely for this purpose as non-fiduciary
agent of the Borrower (and such agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of
the Lenders, and the Commitments of, and principal amounts (and related interest amounts) of the Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the
Register shall be conclusive, absent manifest error, and the Borrower, the Administrative Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of
this Agreement, notwithstanding notice to the contrary. In addition, the Administrative 
  

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Agent shall maintain on the Registrar information regarding the designation, and revocation of designation, of any Lender as a Defaulting Lender. The Register shall be available for inspection by
the Borrower and any Lender (with respect to such Lender’s interest), at any reasonable time and from time to time upon reasonable prior notice. 

(d) Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent,
sell participations to any Person (other than a natural person, a Defaulting Lender or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a portion of such Lender’s rights
and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to it); provided that (i) such
Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and (iii) the Borrower, the Administrative Agent,
the Lenders and the L/C Issuer shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement or instrument pursuant to which a Lender sells such a
participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide
that such Lender will not, without the consent of the Participant, agree to any amendment, waiver or other modification described in the first proviso to Section 11.01 that affects such Participant. Subject to subsection (e) of this
Section, the Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 (subject to the requirements and limitations of such Sections) to the same extent as if it were a Lender
and had acquired its interest by assignment pursuant to Section 11.06(b). To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 11.08 as though it were a Lender, provided
such Participant agrees to be subject to Section 2.13 as though it were a Lender. 
 Each Lender that sells a
participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and related interest amounts) of each
participant’s interest in the Loans or other Obligations under this Agreement (the “Participant Register”). The entries in the Participant Register shall be conclusive, absent manifest error, and such Lender shall treat each person
whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. 

(e) Limitations upon Participant Rights. A Participant shall not be entitled to receive any greater payment under
Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the
Borrower’s prior written consent (not to be unreasonably withheld or delayed). 
 (f) Certain Pledges. Any Lender
may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a
Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(g) Resignation as L/C Issuer or Swing Line Lender after Assignment. Notwithstanding anything to the contrary contained herein, if
at any time Bank of America assigns all of its Revolving Credit Commitment and Revolving Credit Loans pursuant to Section 11.06(b), Bank of America may, (i) upon 30 days’ notice to the Borrower and the Lenders, resign as L/C
Issuer and/or (ii) upon 30 days’ notice to the Borrower, resign as Swing Line Lender. In the event of any such resignation as L/C Issuer or Swing Line Lender, the Borrower shall be entitled to appoint from among the Lenders a successor L/C
Issuer or Swing Line Lender hereunder; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of Bank of America as L/C Issuer or Swing Line Lender, as the case may be. If Bank of
America resigns as L/C Issuer, it shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C
Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). If Bank of America resigns as Swing Line Lender, it
shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans
or fund risk participations 
  

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in outstanding Swing Line Loans pursuant to Section 2.04(c). Upon the appointment of a successor L/C Issuer and/or Swing Line Lender, (a) such successor shall succeed to and
become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swing Line Lender, as the case may be, and (b) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit,
if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank of America with respect to such Letters of Credit. 

11.07. Treatment of Certain Information; Confidentiality. Each of the Administrative Agent, the Lenders and the L/C Issuer agrees
to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, trustees,
advisors and representatives (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent
requested by any regulatory authority purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable laws or regulations
or by any subpoena or similar legal process, (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other
Loan Document or the enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of
or Participant in, any of its rights or obligations under this Agreement or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the
consent of the Borrower or (h) to the extent such Information (i) becomes publicly available other than as a result of a breach of this Section or (ii) becomes available to the Administrative Agent, any Lender, the L/C Issuer or any
of their respective Affiliates on a non-confidential basis from a source other than the Borrower. 
 For purposes of this
Section, “Information” means all information received from Holdings or any Subsidiary relating to Holdings or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative
Agent, any Lender or the L/C Issuer on a non-confidential basis prior to disclosure by Holdings or any Subsidiary, provided that, in the case of information received from Holdings or any Subsidiary after the date hereof, such information is
clearly identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised
the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

Each of the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (a) the Information may include material
non-public information concerning the Borrower or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the use of material non-public information and (c) it will handle such material non-public information
in accordance with applicable Law, including United States Federal and state securities Laws. 
 11.08. Right of Setoff.
If an Event of Default shall have occurred and be continuing, each Lender, the L/C Issuer and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off
and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to
or for the credit or the account of the Borrower or any other Loan Party against any and all of the obligations of the Borrower or such Loan Party now or hereafter existing under this Agreement or any other Loan Document to such Lender or the L/C
Issuer, irrespective of whether or not such Lender or the L/C Issuer shall have made any demand under this Agreement or any other Loan Document and although such obligations of the Borrower or such Loan Party may be contingent or unmatured or are
owed to a branch or office of such Lender or the L/C Issuer different from the branch or office holding such deposit or obligated on such indebtedness; provided, that in the event that any Defaulting Lender shall exercise any such right of
setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.15 and, pending such payment, shall be segregated by such
Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent and the Lenders, and (y) the Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in 

 

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reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender, the L/C Issuer and their respective Affiliates under
this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the L/C Issuer or their respective Affiliates may have. Each Lender and the L/C Issuer agrees to notify the Borrower and the
Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and application. 

11.09. Interest Rate Limitation. Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or
agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount
that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the
Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude
voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 

11.10. Counterparts; Integration; Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto
in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement, and the other Loan Documents constitute the entire contract among the parties relating
to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 4.01, this Agreement shall become effective when it
shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of an executed counterpart of
a signature page of this Agreement by telecopy or other electronic imaging means shall be effective as delivery of a manually executed counterpart of this Agreement. 

11.11. Survival of Representations and Warranties. All representations and warranties made hereunder and in any other Loan
Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the
Administrative Agent and each Lender, regardless of any investigation made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default
at the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 

11.12. Severability. If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations
to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 11.12, if and to the extent that the enforceability of any provisions in this
Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, the L/C Issuer or the Swing Line Lender, as applicable, then such provisions shall be deemed to be in effect
only to the extent not so limited. 
 11.13. Replacement of Lenders. If any Lender requests compensation under
Section 3.04, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, or if any Lender is a Defaulting Lender or if any
other circumstance exists hereunder that gives the Borrower the right to replace a Lender as a party hereto, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to
assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 11.06), all of its interests, rights and obligations under this Agreement and the related Loan
Documents to an assignee that shall assume such obligations (which assignee may be one or more other Lenders, if such Lender or Lenders accept such assignment), provided that: 

(a) the Borrower shall have paid to the Administrative Agent the assignment fee specified in Section 11.06(b)
(unless waived by the Administrative Agent); 
  

 -97- 

 (b) such Lender shall have received payment of an amount equal to the
outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05) from the assignee (to
the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 

(c) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments
required to be made pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter; and 

(d) such assignment does not conflict with applicable Laws. 

A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or
otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 
 11.14.
Governing Law; Jurisdiction; Etc. 
 (a) GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 (b) SUBMISSION TO JURISDICTION. THE BORROWER AND EACH OTHER LOAN
PARTY IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK,
AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND
UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO
AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. 

(c) WAIVER OF VENUE. THE BORROWER AND EACH OTHER LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN PARAGRAPH (B) OF
THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

(d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN
SECTION 11.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW 
  

 -98- 

 11.15. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR
THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT
OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND
CERTIFICATIONS IN THIS SECTION. 
 11.16. No Advisory or Fiduciary Responsibility. In connection with all aspects of each
transaction contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document), each of the Borrower and Holdings acknowledges and agrees, and acknowledges its Affiliates’
understanding, that: (i) (A) the arranging and other services regarding this Agreement provided by the Administrative Agent and the Lead Arrangers are arm’s-length commercial transactions between the Borrower, Holdings and their
respective Affiliates, on the one hand, and the Administrative Agent and the Lead Arrangers, on the other hand, (B) each of the Borrower and Holdings has consulted its own legal, accounting, regulatory and tax advisors to the extent it has
deemed appropriate, and (C) each of the Borrower and Holdings is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (ii) (A) the
Administrative Agent and each Lead Arranger each is and has been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for the
Borrower, Holdings, any of their respective Affiliates, or any other Person and (B) neither the Administrative Agent nor any Lead Arranger has any obligation to the Borrower, Holdings or any of their respective Affiliates with respect to the
transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents; and (iii) the Administrative Agent and the Lead Arrangers and their respective Affiliates may be engaged in a broad range of
transactions that involve interests that differ from those of the Borrower, Holdings and their respective Affiliates, and neither the Administrative Agent nor any Lead Arranger has any obligation to disclose any of such interests to the Borrower,
Holdings or any of their respective Affiliates. To the fullest extent permitted by law, each of the Borrower and Holdings hereby waives and releases any claims that it may have against the Administrative Agent and the Lead Arrangers with respect to
any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 

11.17. Electronic Execution of Assignments and Certain Other Documents. The words “execution,” “signed,”
“signature,” and words of like import in any Assignment and Assumption or in any amendment or other modification hereof (including waivers and consents) shall be deemed to include electronic signatures or the keeping of records in
electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable
law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

11.18. USA PATRIOT Act. Each Lender that is subject to the Act (as hereinafter defined) and the Administrative Agent (for itself
and not on behalf of any Lender) hereby notifies the Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required to obtain,
verify and record information that identifies each Loan Party, which information includes the name and address of each Loan Party and other information that will allow such Lender or the Administrative Agent, as applicable, to identify each Loan
Party in accordance with the Act. The Borrower shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply
with its ongoing obligations under applicable “know your customer” an anti-money laundering rules and regulations, including the Act. 

11.19. Time of the Essence. Time is of the essence of the Loan Documents. 

 

 -99- 

 11.20. Judgment Currency. If, for the purposes of obtaining judgment in any court, it
is necessary to convert a sum due hereunder or under any other Loan Document in one currency into another currency, the rate of exchange used shall be that at which in accordance with normal banking procedures the Administrative Agent could purchase
the first currency with such other currency on the Business Day preceding that on which final judgment is given. The obligation of the Borrower in respect of any such sum due from it to the Administrative Agent or any Lender hereunder or under the
other Loan Documents shall, notwithstanding any judgment in a currency (the “Judgment Currency”) other than that in which such sum is denominated in accordance with the applicable provisions of this Agreement (the “Agreement
Currency”), be discharged only to the extent that on the Business Day following receipt by the Administrative Agent or such Lender, as the case may be, of any sum adjudged to be so due in the Judgment Currency, the Administrative Agent or
such Lender, as the case may be, may in accordance with normal banking procedures purchase the Agreement Currency with the Judgment Currency. If the amount of the Agreement Currency so purchased is less than the sum originally due to the
Administrative Agent or any Lender from the Borrower in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Administrative Agent or such Lender, as the case may be, against
such loss. If the amount of the Agreement Currency so purchased is greater than the sum originally due to the Administrative Agent or any Lender in such currency, the Administrative Agent or such Lender, as the case may be, agrees to return the
amount of any excess to the Borrower (or to any other Person who may be entitled thereto under applicable law). 
  

 -100- 

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

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	/s/ Gregory W. Freiberg
	Name:	 	Gregory W. Freiberg
	Title:	 	Senior Vice President and Chief Financial Officer
	
	 SAVVIS, INC.

		
	By:	 	 /s/ Gregory W. Freiberg

	Name:	 	 Gregory W. Freiberg

	Title:	 	Senior Vice President and Chief Financial Officer

			
	BANK OF AMERICA, N.A., as Administrative Agent
		
	By:	 	 /s/ Charlene Wright-Jones

	Name: 	 	Charlene Wright-Jones
	Title:	 	 Assistant Vice President

			
	BANK OF AMERICA, N.A., as a Lender, L/C Issuer and Swing Line Lender
		
	By:	 	 /s/ Eric A. Escagne

	Name:	 	Eric A. Escagne
	Title:	 	 Senior Vice President

			
	MORGAN STANLEY BANK, N.A., as a Lender,
		
	By:	 	/s/ Sherrese Clarke
	Name:	 	Sherrese Clarke
	Title:	 	Authorized Signatory

			
	COMPASS BANK, as a Lender
		
	By:	 	/s/ Stephanie Cox
	Name:	 	Stephanie Cox
	Title:	 	Sr. Vice President

			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender
		
	By:	 	/s/ Nupur Kumar
	Name:	 	Nupur Kumar
	Title:	 	 Vice President

		
	By:	 	/s/ Rahul Parmar
	Name:	 	Rahul Parmar
	Title:	 	 Associate

			
	SUNTRUST BANK, as a Lender
		
	By:	 	/s/ Nicholas Hahn
	Name:	 	Nicholas Hahn
	Title:	 	 Director

 SCHEDULE 2.01 

COMMITMENTS 

AND APPLICABLE PERCENTAGES 
  

													
	 Lender
	  	Term
Commitment	  	Revolving Credit
Commitment	  	Term Applicable
Percentage	 	 	Revolving
Credit
Applicable Percentage	 
	 Bank of America, N.A.
	  	$	550,000,000	  	$	18,000,000	  	100.00000000	% 	 	24.00	% 
	 Morgan Stanley Bank, N.A.
	  	$	0	  	$	18,000,000	  	0	% 	 	24.00	% 
	 Credit Suisse Securities AG, Cayman Islands Branch
	  	$	0	  	$	15,000,000	  	0	% 	 	20.00	% 
	 SunTrust Bank
	  	$	0	  	$	14,000,000	  	0	% 	 	18.66	% 
	 Compass Bank
	  	$	0	  	$	10,000,000	  	0	% 	 	13.33	% 
		  	 	 	  	 	 	  	 	 	 	 	 
	 Total
	  	$	550,000,000	  	$	75,000,000	  	100.000000000	% 	 	100.000000000	% 
		  	 	 	  	 	 	  	 	 	 	 	 

 Schedule 6.12 

Guarantors 
  

			
	SAVVIS Communications International, Inc.	  	Delaware
	SAVVIS Federal Systems, Inc.	  	Delaware
	SAVVIS Canada, Inc.	  	Delaware

 Schedule 6.19 

Post-Closing Covenants 

Notwithstanding any conditions precedent representations and covenants in the Loan Documents to the contrary (each such condition, representation and
covenant deemed modified to the extent necessary to effect the following, and to permit the taking of the actions described herein within the time periods described herein), the Borrower shall, and shall cause each other Loan Party to, as
expeditiously as possible, but in no event later than the number of days after the Closing Date applicable to each item set forth below, do or deliver the items described below; provided, that in each case, the Administrative Agent, may in
its sole discretion extend the number of days for compliance, subject to such conditions as the Administrative Agent may reasonably determine. 

1. Within 30 days after the Closing Date, the applicable Loan Parties shall use commercially reasonable efforts to obtain and deliver to
the Administrative Agent, to the extent such items have not been delivered as of the Closing Date, a Control Agreement in form and substance reasonably satisfactory to the Administrative Agent, duly authorized, executed and delivered by the parties
thereto, with respect to each Deposit Account, Securities Account and Commodities Account maintained by any Loan Party and denoted on Schedule 9 of the Perfection Certificate. 

2. Within 60 days after the Closing Date, the Administrative Agent shall have received (i) a fully executed security document or
pledge agreement delivered in accordance with applicable foreign law to grant a valid, perfected security interest as collateral in the Equity Interests (limited to 66% in the case of Equity Interests entitled to vote) held by the applicable Loan
Parties in SAVVIS Communications Canada, Inc., a Canadian corporation, and SAVVIS UK Limited, a company registered under the laws of England and Wales, and each in form and substance satisfactory to the Administrative Agent (ii) the written
opinions, addressed to the Administrative Agent and the Lenders, of local counsel in Canada and the United Kingdom, with respect to such matters as the Administrative Agent shall reasonably request and each in form and substance reasonably
satisfactory thereto. 
 3. Within 60 days after the Closing Date, the Administrative Agent shall have received certificates, if
any, representing all of the Equity Interests of each Foreign Subsidiary together with undated stock powers or other appropriate instruments of transfer executed and delivered in blank by a duly authorized officer of the holder(s) of such Equity
Interests; provided that this requirement shall not apply to the extent and for so long as the pledge thereof to the Administrative Agent would constitute an investment of earnings in United States property under Section 956 (or a
successor provision) of the Code, provided further, that this exception will not apply to (A) Voting Stock of any Subsidiary which is a first-tier controlled foreign corporation (as defined in Section 957(a) of the Code)
representing 66% of the total voting power of all outstanding Voting Stock of such Subsidiary and (B) 100% of the Equity Interests not constituting Voting Stock of any such Subsidiary, except that any such Equity Interests constituting
“stock entitled to vote” within the meaning of Treasury Regulation Section 1.956-2(c)(2) shall be treated as Voting Stock for purposes of this clause (3). 

 4. Within 5 days after the Closing Date, the Administrative Agent shall have received
certificates, if any, representing all of the Equity Interests of each of the Loan Parties (other than Holdings) together with undated stock powers or other appropriate instruments of transfer executed and delivered in blank by a duly authorized
officer of the holder(s) of such Equity Interests. 
 5. To the extent such items have not been delivered as of the Closing
Date, within ninety (90) days after the Closing Date the applicable Loan Party shall deliver to the Administrative Agent the following: 

(a) Subject in each case to receipt of any necessary lessor estoppel and consent in accordance with clause (iv) below. Mortgages
covering the Real Property listed on Schedule 6.19(a) duly executed by the appropriate Loan Party, together with: 
 (i)
evidence that counterparts of the Mortgages have been duly executed, acknowledged and delivered and are in form suitable for filing or recording in all filing or recording offices that the Administrative Agent may deem reasonably necessary or
desirable in order to create a valid first Lien, excepting only Permitted Encumbrances and other Permitted Liens, on the Real Property described therein in favor of the Administrative Agent for the benefit of the Secured Parties and that all filing,
documentary, stamp, intangible and recording taxes and fees have been paid, 
 (ii) fully paid American Land Title Association
Lender’s Extended Coverage title insurance policies (the “Mortgage Policies”), with endorsements and in amounts acceptable to the Administrative Agent, issued, coinsured and reinsured by title insurers reasonably acceptable to
the Administrative Agent, insuring the Mortgages to be valid first Liens on the property described therein, free and clear of all defects (including, but not limited to, mechanics’ and materialmen’s Liens) and encumbrances, excepting only
Permitted Encumbrances and other Permitted Liens, and providing for such other affirmative insurance (including, without limitation, endorsements for future advances under the Loan Documents, for mechanics’ and materialmen’s Liens and for
zoning (or, in lieu thereof, reports from zoning report companies or zoning letters as may be reasonably acceptable to the Administrative Agent) of the applicable property) and such coinsurance and direct access reinsurance as the Administrative
Agent may deem reasonably necessary or desirable, 

 (iii) a favorable opinion of each local counsel to the Loan Parties, and opinions of
counsel for the Loan Parties regarding due authorization, execution and delivery of the Mortgages, in each case, addressed to the Administrative Agent and the Secured Parties and otherwise in form and substance reasonably satisfactory to the
Administrative Agent, 
 (iv) the applicable Loan Party shall use its commercially reasonable efforts to deliver estoppel and
consent agreements executed by each of the lessors of the leased real properties listed on Schedule 6.19(a), along with (1) a memorandum of lease in recordable form with respect to such leasehold interest, executed and acknowledged
by the owner of the affected Real Property, as lessor, or (2) evidence that the applicable lease with respect to such leasehold interest or a memorandum thereof has been recorded in all places necessary or desirable, in the Administrative
Agent’s reasonable judgment, to give constructive notice to third-party purchasers of such leasehold interest, or (3) if such leasehold interest was acquired or subleased from the holder of a recorded leasehold interest, the applicable
assignment or sublease document, executed and acknowledged by such holder, in each case in form sufficient to give such constructive notice upon recordation and otherwise in form satisfactory to the Administrative Agent, 

(v) a completed “Life of Loan” Federal Emergency Agency Standard Flood Hazard Determination with respect to each Mortgaged
Property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Borrower and each Loan Party relating thereto), 

(vi) a copy of, or a certificate as to coverage under, the insurance policies required by Section 6.07 (including, without
limitation, flood insurance policies) and the applicable provisions of the Collateral Documents, each of which shall be endorsed or otherwise amended to include a “standard” or “New York” lender’s loss payable or mortgage
endorsement (as applicable) and shall name the Administrative Agent, on behalf of the Secured Parties, as additional insured, in form and substance satisfactory to the Administrative Agent, 

(vii) evidence that all other action that the Administrative Agent may deem necessary or desirable in order to create valid first Liens,
excepting only Permitted Encumbrances and other Permitted Liens, on the property described in the Mortgages has been taken 

 ;provided, however, if, with respect to any Real Property listed on Schedule
6.19(a), the applicable Loan Party cannot obtain an estoppel and consent agreement upon using commercially reasonable efforts as set forth in clause (a)(iv) above; such Loan Party shall not be responsible for providing any of the other items in
this subsection (a); provided further, however, the applicable Loan Party shall (i) provide an Officer’s Certificate certifying as to the use of such efforts in form and substance reasonably satisfactory to the Administrative Agent and
(ii) use commercially reasonable efforts to provide a Landlord Access Agreement with respect to such Real Property in accordance with clause (b) below; provided further, however, that the Administrative Agent hereby acknowledges and
agrees that the Loan Parties’ undertaking to use commercially reasonable efforts shall not obligate the Loan Parties to pay money or waive any legal or contractual rights in order to obtain lessor estoppels or consents or Landlord Access
Agreements. 
 (b) with respect to each Real Property set forth on Schedule 6.19(b), a Landlord Access Agreement;
provided that no such Landlord Access Agreement shall be required with respect to any Real Property that could not be obtained after the Loan Party that is the lessee of such Real Property or owner of the inventory or other personal property
Collateral stored with the bailee thereof, as applicable, shall have used commercially reasonable efforts to do so; provided further, the applicable Loan Party shall provide an Officer’s Certificate certifying as to the use of such efforts in
form and substance reasonably satisfactory to the Administrative Agent. 

 Schedule 6.19(a) 

[***] 

 Schedule 6.19(b) 

[***] 

 Schedule 7.01(b) 

Existing Liens 
  

									
	 Debtor
	  	 Secured

Party
	  	 Collateral
	  	 Jurisdiction
	  	 Original

File Number

	Savvis Communications Corporation	  	Storagetek Financial Services Corporation	  	Licenses, equipment and goods.	  	Missouri SOS	  	20050047925F
	Savvis Communications Corporation	  	CSI Leasing, Inc.	  	Equipment	  	Missouri SOS	  	20060003404M
	Savvis Communications Corporation	  	Sumner Group	  	Equipment	  	Missouri SOS	  	20060031810B
		  	Sumner Group, Inc	  	Equipment	  	Missouri SOS	  	20050000679M
		  	Sumner Group, Inc	  	Equipment	  	Missouri SOS	  	20060031810B
		  	Sumner Group, Inc	  	Equipment	  	Texas SOS	  	06-0002801390
		  	Sumner Group, Inc	  	Equipment	  	Texas SOS	  	06-0002802199
	Savvis Communications Corporation	  	De Lage Landen Financial Services, Inc. and EMC Corporation	  	Equipment	  	Missouri SOS	  	20070088188C
		  	DeLage Landen Financial Services, Inc.	  	Equipment	  	Delaware SOS	  	42741249
		  	DeLage Landen Financial Services, Inc.	  	Equipment	  	Missouri SOS	  	20040086569A
	Savvis Communications Corporation	  	Cisco Systems Capital Corporation	  	Equipment	  	Missouri SOS	  	20070100321H
	Savvis Communications Corporation	  	Coactiv Capital Partners, Inc. and EMC Corporation	  	Equipment	  	Missouri SOS	  	20090011172E
	Savvis Communications Corporation	  	CSI Leasing, Inc.	  	Equipment	  	Missouri SOS	  	20090016868A
		  	Heartland Bank, assignee of CSI Leasing, Inc.	  	Equipment	  	Missouri SOS	  	20060003455G
	Savvis Communications Corporation	  	OCE Financial Services, Inc.	  	Equipment	  	Missouri SOS	  	20100043475H
		  	OCE Financial Services, Inc.	  	Equipment	  	Virginia SOS	  	06110672476
		  	OCE North America, Inc.	  	Equipment	  	Delaware SOS	  	51966903
	Savvis, Inc.	  	Winmark Capital Corporation	  	Equipment	  	Delaware SOS	  	60513945
	Savvis, Inc.	  	Winmark Capital Corporation	  	True Lease	  	Delaware SOS	  	61632769
	Savvis Communications Corporation	  	Hewlett-Packard Financial Services Company	  	Equipment	  	Missouri SOS	  	20060072192M
	Savvis, Inc.	  	Hewlett-Packard Financial Services Company	  	Equipment	  	Delaware SOS	  	61995810
		  	Hewlett-Packard Financial Services Company	  	Equipment and software	  	Delaware SOS	  	50494550
		  	Hewlett-Packard Financial Services Company	  	Equipment and software	  	California SOS	  	057024348700
		  	IOS Capital	  	Equipment	  	Missouri SOS	  	20040076223H
		  	Citcorp Vendor Finance Inc.,	  	Equipment	  	Virginia SOS	  	0101117138
		  	Axis Capital, Inc.	  	Equipment	  	Missouri SOS	  	20050032635H
		  	General Electric Capital Corporation	  	Equipment	  	Virginia SOS	  	06020871861

 Schedule 7.02 

Existing Indebtedness 

[***] 

 Schedule 7.03(f) 

Existing Investments 

None 

 Schedule 7.09 

Burdensome Agreements 

In the ordinary course of Savvis’ business operations, Savvis and its foreign subsidiaries may become subject to requirements under
the laws, regulations and licensing requirements of foreign jurisdictions which may limit the ability of a Subsidiary to make Restricted Payments to the Borrower or any Guarantor or to otherwise transfer property to or invest in the Borrower or any
Guarantor. 

 SCHEDULE 11.02 

ADMINISTRATIVE AGENT’S OFFICE, 

CERTAIN ADDRESSES FOR NOTICES 

SAVVIS Communications Corporation 
 1 Savvis
Parkway 
 Town And Country, MO 63017 

Attention: Treasurer 
 Telephone: 314-628-7684

 Telecopier: 314-628-7230 
 Electronic
Mail: john.lindblad@savvis.net 
 Website Address: www.savvis.net 

U.S. Taxpayer Identification Number: [***] 

ADMINISTRATIVE AGENT: 

AGENCY SERVICING: 

(for daily borrowing/repaying and Swingline activity): 

Bank of America, N.A. 
 Mail Code TX1-492-14-11

 Bank of America Plaza 
 901 Main
Street 
 Dallas, TX 75202-3714 

Attention: Mary Porter 
 Phone: 214-209-9192

 Fax: 214-290-9674 
 Electronic Mail:
mary.h.porter@bankofamerica.com 
 WIRE INSTRUCTIONS: 

Bank of America, N.A. 
 Dallas, TX 

Account No.: [***] 
 Attn: Corporate Credit
Services 
 Ref: Savvis Communications Corporation 

ABA #: 026-009-593 

 AGENCY MANAGEMENT: 

(for financial reporting requirements, bank group communications) 
  

			
	Primary:	  	Christine Trotter
		  	Agency Officer
		  	Bank of America
		  	231 South LaSalle Street
		  	Chicago, Illinois 60604
		  	Mail Code: IL1-231-08-30
		  	Telephone: (312) 828-4172
		  	Fax: (877) 207-0702
		  	Email: Christine.Trotter@baml.com
		
	Secondary:	  	Charlene Wright-Jones
		  	Agency Officer
		  	Bank of America
		  	231 South LaSalle Street
		  	Chicago, Illinois 60604
		  	Mail Code: IL1-231-08-30
		  	Telephone: (312) 828-3935
		  	Fax: (877) 206-84279
		  	Email: Charlene.wright-jones@baml.com

  

 L/C ISSUER Standby: 

Bank of America, N.A. 
 Trade Operations

 1000 W Temple Street 
 Mail Code:
CA9-705-07-05 
 Los Angeles, CA 90012-1514 

Attention: Bolivar Carrillo 
 Telephone:
213-481-7842 
 Fax: 213-457-8841 

Electronic Mail: bolivar.carrillo@baml.com 

Secondary: 
 1000 W Temple Street 

Mail Code: CA9-705-07-05 
 Los Angeles, CA
90012-1514 
 Attention: Manuel Banuelos 

Telephone: 213-481-7837 
 Fax: 213-457-8841

 Electronic Mail: manuel.banuelos@baml.com 

 EXHIBIT A 

FORM OF COMMITTED LOAN NOTICE 

Date:             ,
         
 To: Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement, dated as of August 4, 2010 (as amended, restated, extended, supplemented or
otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among SAVVIS Communications Corporation, a Missouri corporation (the “Borrower”),
SAVVIS, Inc., a Delaware corporation (“Holdings”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. The undersigned hereby requests (select one):

  ̈ A Borrowing of [Revolving Credit][Term] Loans 

 ̈ A conversion or continuation of [Revolving Credit][Term] Loans 

1. On                      (a
Business Day). 
 2. In the amount of $          

3. Comprised of
                             

[Type of Loan requested] 

4. For Eurodollar Rate Loans: with an Interest Period of      months. 

[The Revolving Credit Borrowing requested herein complies with the proviso to the first sentence of
Section 2.01(b) of the Agreement.]1

  
  

	1
	 Include this sentence in the case of a Revolving Credit Borrowing. 

 

 A-1 

Form of Committed Loan Notice 

 The Borrower hereby represents and warrants that the conditions specified in
Section 4.02 shall be satisfied on and as of the date of the Applicable Credit Extension. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 

 A-2 

Form of Committed Loan Notice 

 EXHIBIT B 

FORM OF SWING LINE LOAN NOTICE 

Date:             ,
         
 To: Bank of America, N.A., as Swing Line Lender 

Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement, dated as of August 4, 2010 (as amended, restated, extended, supplemented or
otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among SAVVIS Communications Corporation, a Missouri corporation (the “Borrower”),
SAVVIS, Inc., a Delaware corporation (“Holdings”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. 

The undersigned hereby requests a Swing Line Loan: 

1. On                      (a
Business Day). 
 2. In the amount of $         . 

The Swing Line Borrowing requested herein complies with the requirements of the provisos to the first sentence of
Section 2.04(a) of the Agreement. 
 The Borrower hereby represents and warrants that the conditions specified in
Sections 4.02 shall be satisfied on and as of the date of the Applicable Credit Extension. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 

 B-1 

Form of Swing Line Loan Notice 

 EXHIBIT C-1 

FORM OF TERM NOTE 

                ,
             
 FOR VALUE RECEIVED, the undersigned (the
“Borrower”), hereby promises to pay to              or registered assigns (the “Lender”), in accordance with the provisions of the Agreement (as
hereinafter defined), the principal amount of the Term Loan from time to time made by the Lender to the Borrower under that certain Credit Agreement, dated as of August 4, 2010 (as amended, restated, extended, supplemented or otherwise modified
in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among the Borrower, SAVVIS, Inc., the Lenders from time to time party thereto, and Bank of America, N.A., as
Administrative Agent, Swing Line Lender and L/C Issuer. 
 The Borrower promises to pay interest on the unpaid principal amount
of the Term Loan made by the Lender from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. All payments of principal and interest shall be made to the
Administrative Agent for the account of the Lender in Dollars in immediately available funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon
demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the per annum rate set forth in the Agreement. 

This Term Note is one of the Term Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or
in part subject to the terms and conditions provided therein. This Term Note is also entitled to the benefits of the Guaranty and is secured by the Collateral. Upon the occurrence and continuation of one or more of the Events of Default specified in
the Agreement, all amounts then remaining unpaid on this Term Note shall become, or may be declared to be, immediately due and payable all as provided in the Agreement. The Term Loan made by the Lender shall be evidenced by one or more loan accounts
or records maintained by the Lender in the ordinary course of business. The Lender may also attach schedules to this Term Note and endorse thereon the date, amount and maturity of its Loans and payments with respect thereto. 

The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest,
demand, dishonor and non-payment of this Term Note. 
  

 C-1-1 

Form of Term Note 

 THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	 
	Name:	 	  

	Title:	 	  

 

 C-1-2 

Form of Term Note 

 LOANS AND PAYMENTS WITH RESPECT THERETO 

 

													
	 Date
	 	 Type of

Loan Made
	 	 Amount of

Loan Made
	 	 End of

Interest Period
	 	 Amount of

Principal or

Interest Paid

This Date
	 	 Outstanding
Principal

Balance This

Date
	 	 Notation

Made By

	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            

 

 C-1- 3 

Form of Term Note 

 EXHIBIT C-2 

FORM OF REVOLVING CREDIT NOTE 

                ,
             
 FOR VALUE RECEIVED, the undersigned (the
“Borrower”), hereby promises to pay to                      or registered assigns (the “Lender”), in
accordance with the provisions of the Agreement (as hereinafter defined), the principal amount of each Revolving Credit Loan from time to time made by the Lender to the Borrower under that certain Credit Agreement, dated as of August 4, 2010
(as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among the Borrower, SAVVIS Inc., the Lenders from
time to time party thereto, and Bank of America, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. 
 The
Borrower promises to pay interest on the unpaid principal amount of each Revolving Credit Loan from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. Except as
otherwise provided in Section 2.04(f) of the Agreement with respect to Swing Line Loans, all payments of principal and interest shall be made to the Administrative Agent for the account of the Lender in Dollars in immediately available
funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (and before as well as
after judgment) computed at the per annum rate set forth in the Agreement. 
 This Revolving Credit Note is one of the Revolving
Credit Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms and conditions provided therein. This Revolving Credit Note is also entitled to the benefits of the Guaranty
and is secured by the Collateral. Upon the occurrence and continuation of one or more of the Events of Default specified in the Agreement, all amounts then remaining unpaid on this Revolving Credit Note shall become, or may be declared to be,
immediately due and payable all as provided in the Agreement. Revolving Credit Loans made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business. The Lender may also
attach schedules to this Revolving Credit Note and endorse thereon the date, amount and maturity of its Revolving Credit Loans and payments with respect thereto. 

The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest,
demand, dishonor and non-payment of this Revolving Credit Note. 
  

 C-2 - 1 

Form of Revolving Credit Note 

 THIS NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW
YORK. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 

 C-2 - 2 

Form of Revolving Credit Note 

 LOANS AND PAYMENTS WITH RESPECT THERETO 

 

													
	 Date
	 	 Type of

Loan Made
	 	 Amount of

Loan Made
	 	 End of

Interest Period
	 	 Amount of

Principal or

Interest Paid

This Date
	 	 Outstanding
Principal

Balance This

Date
	 	 Notation

Made By

	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            
	             
	 	            	 	            	 	            	 	            	 	            	 	            

 

 C-2 - 3 

Form of Revolving Credit Note 

 EXHIBIT D 

FORM OF COMPLIANCE CERTIFICATE 

Financial Statement Date:             ,
         
 To: Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement, dated as of August 4, 2010 (as amended, restated, extended, supplemented or
otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among SAVVIS Communications Corporation, a Missouri corporation (the “Borrower”),
Savvis, Inc., a Delaware corporation (“Holdings”), the Lenders from time to time party thereto, and Bank of America, N.A., as Administrative Agent, L/C Issuer and Swing Line Lender. 

The undersigned Responsible
Officer2 hereby certifies as of the date hereof that
he/she is the                                  of Holdings, and that, as such,
he/she is authorized to execute and deliver this Certificate to the Administrative Agent on the behalf of the Borrower, and that: 

[Use following paragraph 1 for fiscal year-end financial statements] 

1. Holdings has delivered the year-end audited financial statements required by Section 6.01(a) of the Agreement for the
fiscal year of Holdings and its Subsidiaries ended as of the above date, together with the report and opinion of an independent certified public accountant required by such section. 

[Use following paragraph 1 for fiscal quarter-end financial statements] 

1. Holdings has delivered the unaudited financial statements required by Section 6.01(b) of the Agreement for the fiscal
quarter of Holdings and its Subsidiaries ended as of the above date. Such consolidated financial statements fairly present the financial condition, results of operations and cash flows of Holdings and its Subsidiaries in accordance with GAAP as at
such date and for such period, subject only to normal year-end audit adjustments and the absence of footnotes. 
 2. The
undersigned has reviewed and is familiar with the terms of the Agreement and has made, or has caused to be made under his/her supervision, a review in reasonable detail of the transactions and condition (financial or otherwise) of the Borrower and
Holdings during the accounting period covered by such financial statements. 
  

 

	2
	 This certificate should be from the chief executive officer, chief financial officer, controller or treasurer of the Borrower or Holdings, as
applicable. 

  

 D - 1 

Form of Compliance Certificate 

 3. A reasonable review of the activities of the Borrower and Holdings during such fiscal
period has been made with a view to determining whether during such fiscal period the Borrower and Holdings performed and observed all their respective Obligations under the Loan Documents, and 

[select one:] 

[to the best knowledge of the undersigned, during such fiscal period the Borrower and Holdings performed and observed each covenant and
condition of the Loan Documents applicable to it, and no Default has occurred and is continuing.] 
 —or—

 [to the best knowledge of the undersigned, the following covenants or conditions have not been performed or observed and
the following is a list of each such Default and its nature and status:] 
 4. The representations and warranties of the
Borrower and Holdings contained in Article V of the Agreement and all representations and warranties of any Loan Party that are contained in any document furnished at any time under or in connection with the Loan Documents, are true and
correct in all material respects (except that any representation and warranty that is already qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects, subject to such qualification) on
and as of the date hereof, except to the extent that such representations and warranties specifically refer to an earlier date, in which case they are true and correct in all material respects (except that any representation and warranty that is
already qualified as to “materiality” or “Material Adverse Effect” shall be true and correct in all respects, subject to such qualification) as of such earlier date, and except that for purposes of this Compliance Certificate,
the representations and warranties contained in subsections (a) and (b) of Section 5.05 of the Agreement shall be deemed to refer to the most recent statements furnished pursuant to clauses (a) and (b), respectively, of
Section 6.01 of the Agreement, including the statements in connection with which this Compliance Certificate is delivered. 

5. The financial covenant analyses and information set forth on Schedules 1 and 2 attached hereto are true and accurate on
and as of the date of this Certificate. 
 IN WITNESS WHEREOF, the undersigned has executed this Certificate as of
                        ,
                . 
  

			
	SAVVIS, Inc.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 

 D - 2 

Form of Compliance Certificate 

 For the Quarter/Year ended
                        ,              

(“Statement Date”) 

SCHEDULE 1 
 to
the Compliance Certificate 
 ($ in 000’s) 
  

									
	I.	  	Section 7.11 (a) – Consolidated Leverage Ratio.
				
		  	A.	  	Consolidated Funded Indebtedness at Statement Date	  	$             
				
		  	B.	  	Consolidated EBITDA for Measurement Period ending on above date (“Subject Period”):	  	
					
		  		  	1.	    	Consolidated Net Income for Subject Period:	  	$             
					
		  		  	2.	    	Consolidated Interest Charges for Subject Period:	  	$             
					
		  		  	3.	    	Provision for income taxes for Subject Period:	  	$             
					
		  		  	4.	    	Depreciation expenses for Subject Period:	  	$             
					
		  		  	5.	    	Amortization expenses for Subject Period:	  	$             
					
		  		  	6.	    	Accretion expenses for Subject Period:	  	$             
					
		  		  	7.	    	Non-cash equity-based compensation for Subject Period:	  	$             
					
		  		  	8.	    	Non-recurring fees, expenses and charges incurred in connection with acquisitions for Subject Period:	  	$             
					
		  		  	9.	    	Material non-recurring expenses reducing Consolidated Net Income, which do not represent a cash item in such period or any future period, for Subject Period:	  	$______
					
		  		  	10.	    	Income Tax credits for Subject Period:	  	$______
					
		  		  	11.	    	Material non-recurring non-cash increases to Consolidated Net Income for Subject Period:	  	$______
					
		  		  	12.	    	Interest income for such Subject Period:	  	$______
					
		  		  	13.	    	Consolidated EBITDA (Lines II.A.1 + 2 + 3 + 4 + 5 + 6 +7 + 8 + 9 - 10 -11 -12)::	  	$______
				
		  	C.	  	Consolidated Leverage Ratio (Line I.A ÷ Line I.B.13):	  	______ to 1

  

 D - 3 

Form of Compliance Certificate 

							
		  		    	Consolidated Leverage Ratio is in compliance with Section 7.11(a)? Yes/No	  	
		
	II.	  	Section 7.11(b) - Consolidated Fixed Charge Coverage Ratio
				
		  	A.	    	Consolidated EBITDA for Subject Period (Line I.A.13 above):	  	$             
				
		  	B.	    	Rental Payments for Subject Period:	  	$             
				
		  	C.	    	Interest income for Subject Period	  	$             
				
		  	D.	    	Consolidated Cash Interest Charges for Subject Period	  	$             
				
		  	E.	    	Scheduled Principal payments, etc. for Subject Period:	  	$             
				
		  	F.	    	Taxes paid in cash for Subject Period:	  	$             
				
		  	G.	    	Consolidated Fixed Charge Coverage Ratio (Line II.A + Line II.B + Line II.C] ÷ [Line II.D + Line II.E + Line II.B + Line II.F):	  	
				
		  		    	Fixed Charge Coverage Ratio is in compliance with Section 7.10(b)? Yes/No	  	
		
	III.	  	Section 7.12 –Capital Expenditures.
				
		  	A.	    	Capital Expenditures made during fiscal year to date:	  	$             
				
		  	B.	    	Capital Expenditures that could have made during prior fiscal year but which were not made (>
$            ):	  	$             
				
		  	C.	    	 Maximum permitted Capital Expenditures

($             [+ Line III.B]):
	  	$             
				
		  	D.	    	 Excess (deficient) for covenant compliance

(Line [III.C] [III.B] – III.A):
	  	$             

  

 D - 4 

Form of Compliance Certificate 

 For the Quarter/Year ended
                    (“Statement Date”) 

SCHEDULE 2 

to the Compliance Certificate 

($ in 000’s) 

Consolidated EBITDA 

(in accordance with the definition of Consolidated EBITDA 

as set forth in the Agreement) 
  

											
	Consolidated EBITDA	  	 Quarter

Ended
	  	 Quarter

Ended
	  	 Quarter

Ended
	  	 Quarter

Ended
	  	
Twelve
Months

Ended

	 Consolidated Net Income
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + Consolidated Interest
Charges
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + income taxes
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + depreciation expense
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + amortization expense
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + accretion expense
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + non-cash equity-based compensation

	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + non-recurring fees, expenses and
charges in connection with acquisitions
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 + material non-recurring expenses
reducing Consolidated Net Income, which do not represent a cash item in such period or any future period
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 - income tax credits
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 - material non -recurring, non-cash
increases to Consolidated Net Income
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 - interest income
	  	 	  	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 = Consolidated EBITDA
	  	 	  	 	  	 	  	 	  	 

  

 D - 5 

Form of Compliance Certificate 

 Excess Cash Flow 

(in accordance with the definition of Excess Cash Flow 

as set forth in the Agreement) 
  

			
	 Excess Cash Flow
	  	Twelve
Months Ended
	 Consolidated EBITDA
	  	
		
	 + decreases in Consolidated Working Capital
	  	
		
	 + all cash income or gain to the extent excluded from Consolidated Net Income in the calculation thereof or subtracted from
Consolidated Net Income in the calculation of Consolidated EBITDA
	  	
		
	 - Consolidated Cash Interest Charges
	  	
		
	 - scheduled principal payments actually paid with Internally Generated Cash
	  	
		
	 - income taxes actually paid in cash
	  	
		
	 - Capital Expenditures actually made in cash
	  	
		
	 - voluntary prepayments of Term Loans made pursuant to Section 2.05(a) and voluntary prepayments of Revolving Credit
Loans pursuant to Section 2.05(a) to the extent accompanied by a permanent reduction of the Revolving Credit Facility in an equal amount pursuant to Section 2.06(a), together with any related premium, penalty, transaction
fees and expenses
	  	
		
	 - increase in Consolidated Working Capital
	  	
		
	 - cash expenses or charges that were excluded from Consolidated Net Income in the calculation thereof or added to Consolidated
Net Income in the calculation of Consolidated EBITDA
	  	
		
	 = Excess Cash Flow
	  	

  

 D - 6 

Form of Compliance Certificate 

 EXHIBIT E-1 

ASSIGNMENT AND
ASSUMPTION3 

This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date
set forth below and is entered into by and between
[the][each]4 Assignor identified in item 1 below
([the][each, an] “Assignor”) and [the][each]5
Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is understood and agreed that the rights and obligations of [the Assignors][the
Assignees]6 hereunder are several and not
joint.]7 Capitalized terms used but not defined herein
shall have the meanings given to them in the Credit Agreement identified below (the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1
attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, [the][each] Assignor hereby irrevocably sells and assigns to [the Assignee][the
respective Assignees], and [the][each] Assignee hereby irrevocably purchases and assumes from [the Assignor][the respective Assignors], subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective
Date inserted by the Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’] rights and obligations in [its capacity as a Lender][their respective capacities as Lenders] under the Credit
Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of [the Assignor][the respective Assignors]
under the respective facilities identified below (including, without limitation, the Letters of Credit and the Swing Line Loans included in such
facilities8) and (ii) to the extent permitted to be
assigned under applicable law, all claims, suits, causes of action and any other right of [the Assignor (in its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)] against any Person, whether known or
unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not
limited to, contract claims, tort claims, malpractice claims, statutory claims 
  

	4
	 For bracketed language here and elsewhere in this form relating to the Assignor(s), if the assignment is from a single Assignor, choose the first
bracketed language. If the assignment is from multiple Assignors, choose the second bracketed language. 

	5
	 For bracketed language here and elsewhere in this form relating to the Assignee(s), if the assignment is to a single Assignee, choose the first
bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language. 

	6
	 Select as appropriate. 

	7
	 Include bracketed language if there are either multiple Assignors or multiple Assignees. 

	8
	 Include all applicable subfacilities. 

  

 E-1 - 1 

Form of Assignment and Assumption 

 and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to
clause (i) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee pursuant to clauses (i) and (ii) above being referred to herein collectively as [the][an] “Assigned
Interest”). Each such sale and assignment is without recourse to [the][any] Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by [the][any] Assignor. 

 

					
	 1.
	  	Assignor[s]:	 	                            
            
		  		 	                            
            
	 2.
	  	Assignee[s]:	 	                            
            
		
		  	[for each Assignee, indicate [Affiliate][Approved Fund] of [identify Lender]]
			
		  		 	                            
            
			
	 3.
	  	Borrower(s):	 	                            
            

  

	4.	Administrative Agent: Bank of America, N.A., as the administrative agent under the Credit Agreement 

 

	5.	Credit Agreement: Credit Agreement, dated as of August 4, 2010, SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation, SAVVIS, INC., a Delaware
corporation, each Lender from time to time party hereto, and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. 

  

	6.	Assigned Interest: 

  

																
	 Assignor[s]9
	  	Assignee[s]10	  	Facility
Assigned11
	  	Aggregate
Amount
of
Commitment/Loans
for all
Lenders12	  	Amount of
Commitment/Loans

Assigned	  	Percentage
Assigned
of
Commitment/
Loans13	 	 	CUSIP
Number
		  		  	                	  	$	             	  	$	            	  	         	% 	 	
		  		  	                	  	$	             	  	$            	 	  	         	% 	 	
		  		  	                	  	$	             	  	$            	 	  	         	% 	 	

  

	 	[7.	 Trade Date:
                    
]14 

 

	9
	 List each Assignor, as appropriate. 

	10
	 List each Assignee, as appropriate. 

	11
	 Fill in the appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment (e.g.
“Revolving Credit Commitment”, “Term Commitment”, etc.). 

	12
	 Amounts in this column and in the column immediately to the right to be adjusted by the counterparties to take into account any payments or prepayments
made between the Trade Date and the Effective Date. 

	13
	 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	14
	 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date.

  

 E-1 - 2 

Form of Assignment and Assumption 

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

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

 

			
	ASSIGNOR
	
	[NAME OF ASSIGNOR]
		
	By:	 	  

	Title:	 	
	
	ASSIGNEE
	
	[NAME OF ASSIGNEE]
		
	By:	 	  

	Title:	 	

  

			
	 [Consented to
and]15 Accepted:

	 BANK OF AMERICA, N.A., as Administrative Agent

		
	 By:
	 	  

	 Title:

	
	 [Consented
to:]16

		
	 By:
	 	  

	 Title:

 

	15
	 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. 

	16
	 To be added only if the consent of the Borrower and/or other parties (e.g. Swing Line Lender, L/C Issuer) is required by the terms of the Credit
Agreement. 

  

 E-1 - 3 

Form of Assignment and Assumption 

 ANNEX 1 TO ASSIGNMENT AND ASSUMPTION 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 

1. Representations and Warranties. 

1.1. Assignor. [The][Each] Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of
[the][[the relevant] Assigned Interest, (ii) [the][such] Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and
deliver this Assignment and Assumption and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit
Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its
Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations
under any Loan Document. 
 1.2. Assignee. [The][Each] Assignee (a) represents and warrants that (i) it has
full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it
meets all the requirements to be an assignee under Section 11.06(b)(iii), (v) and (vi) of the Credit Agreement (subject to such consents, if any, as may be required under Section 11.06(b)(iii) of the
Credit Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of [the][the relevant] Assigned Interest, shall have the obligations of a Lender
thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of the type represented by [the][such] Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire [the][such] Assigned
Interest, is experienced in acquiring assets of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to
Section      thereof, as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase [the][such]
Assigned Interest, (vi) it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter
into this Assignment and Assumption and to purchase [the][such] Assigned Interest, and (vii) if it is a Foreign Lender, attached hereto is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly
completed and executed by [the][such] Assignee; and (b) agrees that (i) it will, independently and without reliance upon the Administrative Agent, [the][any] Assignor or any other Lender, and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan
Documents are required to be performed by it as a Lender. 
 2. Payments. From and after the Effective Date, the
Administrative Agent shall make all payments in respect of [the][each] Assigned Interest (including payments of principal, interest, fees and other amounts) to [the][the relevant] Assignor for amounts which have accrued to but excluding the
Effective Date and to [the][the relevant] Assignee for amounts which have accrued from and after the Effective Date. 
 3.
General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of
counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment
and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the law of the State of New York. 
  

 E-1 - 4 

Form of Assignment and Assumption 

 EXHIBIT
E-2             
 FORM OF ADMINISTRATIVE
QUESTIONNAIRE 
 CONFIDENTIAL 

 
  

			
	FAX ALONG WITH COMMITMENT LETTER TO:	  	[                          
                                         
                                         
              ]
	FAX #	  	[                          
                                         
                                         
              ]

  

			
	I. Borrower Name:	 	     SAVVIS Communications Corporation

		
		 	Type of Credit Facility                     

II. Legal Name of Lender of Record for Signature Page: 
  

 
  

	 	•	 	 Signing Credit Agreement      
          YES                 NO 

 

	 	•	 	 Coming in via Assignment       
          YES                 NO 

 

			
	III. Type of Lender:	 	  

(Bank, Asset Manager, Broker/Dealer, CLO/CDO, Finance Company, Hedge Fund, Insurance, Mutual Fund, Pension Fund, Other Regulated Investment Fund,
Special Purpose Vehicle, Other – please specify) 
  

					
	IV. Domestic Address:	 		 	V. Eurodollar Address:
	  
	 		 	  

	  
	 		 	  

	  
	 		 	  

	  
	 		 	  

VI. Contact Information: 

Syndicate level information (which may contain material non-public information about the Borrower and its related parties or their respective
securities will be made available to the Credit Contact(s)). The Credit Contacts identified must be able to receive such information in accordance with his/her institution’s compliance procedures and applicable laws, including Federal and
State securities laws. 
  

							
	 	 	 Credit Contact
	  	 Primary

Operations Contact
	  	 Secondary

Operations Contact

	 Name:
	 		  		  	
		 	 	  	 	  	 
	 Title:
	 		  		  	
		 	 	  	 	  	 
	 Address:
	 		  		  	
		 	 	  	 	  	 
		 		  		  	
		 	 	  	 	  	 
	 Telephone:
	 		  		  	
		 	 	  	 	  	 
	 Facsimile:
	 		  		  	
		 	 	  	 	  	 
	 E Mail Address:
	 		  		  	
		 	 	  	 	  	 
	 IntraLinks E Mail Address:
	 		  		  	
		 	 	  	 	  	 

 Does Secondary Operations Contact need copy of notices?  
        YES           NO 
  

 E-2 - 1 

Form of Administrative Questionnaire 

							
	  	 	 Letter of Credit

Contact
	 	 Draft Documentation

Contact
	 	 Legal Counsel

	 Name:
	 		 		 	
		 	 	 	 	 	 
	 Title:
	 		 		 	
		 	 	 	 	 	 
	 Address:
	 		 		 	
		 	 	 	 	 	 
	 Telephone:
	 		 		 	
		 	 	 	 	 	 
	 Facsimile:
	 		 		 	
		 	 	 	 	 	 
	 E Mail Address:
	 		 		 	
		 	 	 	 	 	 

 VII. Lender’s Standby Letter of Credit, Commercial Letter of
Credit, and Bankers’ Acceptance Fed Wire Payment Instructions (if applicable): 
  

			
	Pay to:	 	
		 	  

		 	(Bank Name)
		 	  

		 	(ABA #)
		 	  

		 	(Account #)
		 	  

		 	(Attention)

 VIII. Lender’s Fed Wire Payment
Instructions: 
  

					
	Pay to:	 		 	
		 	  

		 	(Bank Name)	 	
		 	  

		 	(ABA #)	 	(City/State)
		 	  

		 	(Account #)	 	(Account Name)
		 	  

		 	(Attention)	 	

  

 E-2 - 2 

Form of Administrative Questionnaire 

 IX. Organizational Structure and Tax Status 

Please refer to the enclosed withholding tax instructions below and then complete this section accordingly: 

Lender Taxpayer Identification Number (TIN):
                               -     
                         

Tax Withholding Form Delivered to Bank of America*: 

                 W-9 

                 W-8BEN 

                 W-8ECI 

                 W-8EXP 

                 W-8IMY 

 

							
	 	 	 Tax Contact
	 	 	 	 
	 Name:
	 		 		 	
		 	 	 		 	
	 Title:
	 		 		 	
		 	 	 		 	
	 Address:
	 		 		 	
		 	 	 		 	
	 Telephone:
	 		 		 	
		 	 	 		 	
	 Facsimile:
	 		 		 	
		 	 	 		 	
	 E Mail Address:
	 		 		 	
		 	 	 		 	

 NON–U.S. LENDER INSTITUTIONS 

1. Corporations: 
 If your institution is
incorporated outside of the United States for U.S. federal income tax purposes, and is the beneficial owner of the interest and other income it receives, you must complete one of the following three tax forms, as applicable to your institution: a.)
Form W-8BEN (Certificate of Foreign Status of Beneficial Owner), b.) Form W-8ECI (Income Effectively Connected to a U.S. Trade or Business), or c.) Form W-8EXP (Certificate of Foreign Government or Governmental Agency). 

A U.S. taxpayer identification number is required for any institution submitting a Form W-8ECI. It is also required on Form W-8BEN for certain
institutions claiming the benefits of a tax treaty with the U.S. Please refer to the instructions when completing the form applicable to your institution. In addition, please be advised that U.S. tax regulations do not permit the acceptance of faxed
forms. An original tax form must be submitted. 
  

 E-2 - 3 

Form of Administrative Questionnaire 

 2. Flow-Through Entities: 

If your institution is organized outside the U.S., and is classified for U.S. federal income tax purposes as either a Partnership, Trust, Qualified or
Non-Qualified Intermediary, or other non-U.S. flow-through entity, an original Form W-8IMY (Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain U.S. branches for United States Tax Withholding) must be completed by the
intermediary together with a withholding statement. Flow-through entities other than Qualified Intermediaries are required to include tax forms for each of the underlying beneficial owners. 

Please refer to the instructions when completing this form. In addition, please be advised that U.S. tax regulations do not permit the acceptance of
faxed forms. Original tax form(s) must be submitted. 
 U.S. LENDER INSTITUTIONS: 

If your institution is incorporated or organized within the United States, you must complete and return Form W-9 (Request for Taxpayer Identification
Number and Certification). Please be advised that we require an original form W-9. 
 Pursuant to the language contained in the tax
section of the Credit Agreement, the applicable tax form for your institution must be completed and returned on or prior to the date on which your institution becomes a lender under this Credit Agreement. Failure to provide the proper tax form when
requested will subject your institution to U.S. tax withholding. 
 X. Bank of America Payment Instructions: 

Pay to:
          [                               
     ] 
  

 E-2 - 4 

Form of Administrative Questionnaire 

 EXHIBIT F 

FORM OF GUARANTY 

FOR VALUE RECEIVED, the sufficiency of which is hereby acknowledged, and in consideration of credit and/or financial accommodation
heretofore or hereafter from time to time made or granted to SAVVIS Communications Corporation (the “Borrower”) by BANK OF AMERICA, N.A. (the “Administrative Agent”) and the other Secured Parties, the undersigned Guarantor
(whether one or more the “Guarantor”, and if more than one jointly and severally) hereby furnishes its guaranty of the Guaranteed Obligations (as hereinafter defined) as set forth below. 

Reference is made to that certain Credit Agreement dated as of August 4, 2010 (as amended, supplemented or otherwise modified from
time to time, the “Credit Agreement”) among the Borrower, SAVVIS, Inc. (“Holdings”), the Administrative Agent, Swing Line Lender and L/C Issuer, each lender from time to time party thereto (the
“Lenders”) and the other parties thereto. Capitalized terms used and not defined herein are used with the meanings assigned to such terms in the Credit Agreement. 

1. Guaranty. The Guarantor hereby absolutely and unconditionally guarantees, as a guaranty of payment and performance and not
merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by required prepayment, upon acceleration, demand or otherwise, and at all times thereafter, of any and all of the Obligations whether for principal, interest,
premiums, fees indemnities, damages, costs, expenses or otherwise, of the Borrower to the Secured Parties, and whether arising under the Credit Agreement or under any other Loan Document, or under any Secured Cash Management Agreement or any Secured
Hedge Agreement (including all renewals, extensions, amendments, refinancings and other modifications thereof and all reasonable out-of-pocket costs, attorneys’ fees and expenses incurred by the Secured Parties in connection with the collection
or enforcement thereof), and whether recovery upon such indebtedness and liabilities may be or hereafter become unenforceable or shall be an allowed or disallowed claim under any proceeding or case commenced by or against the Guarantor or the
Borrower under Debtor Relief Laws, and including interest that accrues after the commencement by or against the Borrower of any proceeding under any Debtor Relief Laws (collectively, the “Guaranteed Obligations”). The Administrative
Agent’s books and records showing the amount of the Guaranteed Obligations shall be admissible in evidence in any action or proceeding, and shall be binding upon the Guarantor and conclusive for the purpose of establishing the amount of the
Guaranteed Obligations, absent a showing of manifest error. This Guaranty shall not be affected by the genuineness, validity, regularity or enforceability of the Guaranteed Obligations or any instrument or agreement evidencing any Guaranteed
Obligations, or by the existence, validity, enforceability, perfection, non-perfection or extent of any collateral therefor, or by any fact or circumstance relating to the Guaranteed Obligations which might otherwise constitute a defense to the
obligations of the Guarantor under this Guaranty (other than payment in full of the Guaranteed Obligations), and the Guarantor hereby irrevocably waives any defenses it may now have or hereafter acquire in any way relating to any or all of the
foregoing. 
 2. No Setoff or Deductions; Taxes; Payments. The Guarantor represents and warrants that it is organized and
resident in the United States of America or a political subdivision thereof. The Guarantor shall make all payments hereunder without setoff or counterclaim and free and clear of and without deduction for any taxes, levies, imposts, duties, charges,
fees, deductions, withholdings, compulsory loans, restrictions or conditions of any nature now or hereafter imposed or levied by any jurisdiction or any political subdivision thereof or taxing or other authority therein unless the Guarantor is
compelled by law to make such deduction or withholding. If any such obligation (other than one arising with respect to taxes based on or measured by the income or profits of the Secured Parties) is imposed upon the Guarantor with respect to any
amount payable by it hereunder, the Guarantor will pay to such Secured Party, on the date on which such amount is due and payable hereunder, such additional amount in U.S. dollars as shall be necessary to enable the Lender to receive the same net
amount which such Secured Party would have received on such due date had no such obligation been imposed upon the Guarantor. The Guarantor will deliver promptly to the Administrative Agent certificates or other valid vouchers for all taxes or other
charges deducted from or paid with respect to payments made by the Guarantor hereunder. The obligations of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed Obligations and termination of this Guaranty.

  

 F - 1 

Form of Guaranty 

 3. Rights of Lenders. The Guarantor consents and agrees that the Secured Parties may,
at any time and from time to time, without notice or demand, and without affecting the enforceability or continuing effectiveness hereof: (a) amend, extend, renew, compromise, discharge, accelerate or otherwise change the time for payment or
the terms of the Guaranteed Obligations or any part thereof; (b) take, hold, exchange, enforce, waive, release, fail to perfect, sell, or otherwise dispose of any security for the payment of this Guaranty or any Guaranteed Obligations;
(c) apply such security and direct the order or manner of sale thereof as the Administrative Agent, the L/C Issuer and the Lenders in their sole discretion may determine; and (d) release or substitute one or more of any endorsers or other
guarantors of any of the Guaranteed Obligations. Without limiting the generality of the foregoing, the Guarantor consents to the taking of, or failure to take, any action which might in any manner or to any extent vary the risks of the Guarantor
under this Guaranty or which, but for this provision, might operate as a discharge of the Guarantor. 
 4. Certain
Waivers. The Guarantor waives (a) any defense arising by reason of any disability or other defense of the Borrower or any other guarantor, or the cessation from any cause whatsoever (including any act or omission of any Secured Party) of
the liability of the Borrower; (b) any defense based on any claim that the Guarantor’s obligations exceed or are more burdensome than those of the Borrower; (c) the benefit of any statute of limitations affecting the Guarantor’s
liability hereunder; (d) any right to proceed against the Borrower, proceed against or exhaust any security for the Guaranteed Obligations, or pursue any other remedy in the power of any Secured Party whatsoever; (e) any benefit of and any
right to participate in any security now or hereafter held by any Secured Party; and (f) to the fullest extent permitted by law, any and all other defenses or benefits that may be derived from or afforded by applicable law limiting the
liability of or exonerating guarantors or sureties. The Guarantor expressly waives all setoffs and counterclaims and all presentments, demands for payment or performance, notices of nonpayment or nonperformance, protests, notices of protest, notices
of dishonor and all other notices or demands of any kind or nature whatsoever with respect to the Guaranteed Obligations, and all notices of acceptance of this Guaranty or of the existence, creation or incurrence of new or additional Guaranteed
Obligations. 
 5. Obligations Independent. The obligations of the Guarantor hereunder are those of primary obligor, and
not merely as surety, and are independent of the Guaranteed Obligations and the obligations of any other guarantor, and a separate action may be brought against the Guarantor to enforce this Guaranty whether or not the Borrower or any other person
or entity is joined as a party. 
 6. Subrogation. The Guarantor shall not exercise any right of subrogation,
contribution, indemnity, reimbursement or similar rights with respect to any payments it makes under this Guaranty until all of the Guaranteed Obligations and any amounts payable under this Guaranty have been indefeasibly paid and performed in full
and the Commitments and the Facilities are terminated. If any amounts are paid to the Guarantor in violation of the foregoing limitation, then such amounts shall be held in trust for the benefit of the Secured Parties and shall forthwith be paid to
the Secured Parties to reduce the amount of the Guaranteed Obligations, whether matured or unmatured. 
 7. Termination;
Reinstatement. This Guaranty is a continuing and irrevocable guaranty of all Guaranteed Obligations now or hereafter existing and shall remain in full force and effect until all Guaranteed Obligations and any other amounts payable under this
Guaranty are indefeasibly paid in full in cash and the Commitments and the Facilities with respect to the Guaranteed Obligations are terminated. Notwithstanding the foregoing, this Guaranty shall continue in full force and effect or be revived, as
the case may be, if any payment by or on behalf of the Borrower or the Guarantor is made, or any of the Secured Parties exercises its right of setoff, in respect of the Guaranteed Obligations and such payment or the proceeds of such setoff or any
part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into any of the Secured Parties in their discretion) to be repaid to a trustee, receiver or any
other party, in connection with any proceeding under any Debtor Relief Laws or otherwise, all as if such payment had not been made or such setoff had not occurred and whether or not the Secured Parties are in possession of or have released this
Guaranty and regardless of any prior revocation, rescission, termination or reduction. The obligations of the Guarantor under this paragraph shall survive termination of this Guaranty. 

8. Subordination. The Guarantor hereby subordinates the payment of all obligations and indebtedness of the Borrower owing to the
Guarantor, whether now existing or hereafter arising, including but not limited to any obligation of the Borrower to the Guarantor as subrogee of the Secured Parties or resulting from the Guarantor’s performance under this Guaranty, to the
indefeasible payment in full in cash of all Guaranteed Obligations. If the 
  

 F - 2 

Form of Guaranty 

 
Secured Parties so request, any such obligation or indebtedness of the Borrower to the Guarantor shall be enforced and performance received by the Guarantor as trustee for the Secured Parties and
the proceeds thereof shall be paid over to the Secured Parties on account of the Guaranteed Obligations, but without reducing or affecting in any manner the liability of the Guarantor under this Guaranty. 

9. Stay of Acceleration. In the event that acceleration of the time for payment of any of the Guaranteed Obligations is stayed, in
connection with any case commenced by or against the Guarantor or the Borrower under any Debtor Relief Laws, or otherwise, all such amounts shall nonetheless be payable by the Guarantor immediately upon demand by the Secured Parties. 

10. Expenses. The Guarantor shall pay on demand all out-of-pocket expenses (including reasonable attorneys’ fees and expenses
and the allocated cost and disbursements of internal legal counsel) in any way relating to the enforcement or protection of the Secured Parties’ rights under this Guaranty or in respect of the Guaranteed Obligations, including any incurred
during any “workout” or restructuring in respect of the Guaranteed Obligations and any incurred in the preservation, protection or enforcement of any rights of the Secured Parties in any proceeding any Debtor Relief Laws. The obligations
of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed Obligations and termination of this Guaranty. 

11. Miscellaneous. No provision of this Guaranty may be waived, amended, supplemented or modified, except by a written instrument
executed by the Administrative Agent and the Guarantor (with the consent of the Lenders or the Required Lenders if required under the Credit Agreement). No failure by the Administrative Agent to exercise, and no delay in exercising, any right,
remedy or power hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any right, remedy or power hereunder preclude any other or further exercise thereof or the exercise of any other right, power or remedy. The
remedies herein provided are cumulative and not exclusive of any remedies provided by law or in equity. The unenforceability or invalidity of any provision of this Guaranty shall not affect the enforceability or validity of any other provision
herein. Unless otherwise agreed by the Administrative Agent and the Guarantor in writing, this Guaranty is not intended to supersede or otherwise affect any other guaranty now or hereafter given by the Guarantor for the benefit of the Secured
Parties or any term or provision thereof. 
 12. Guarantor Supplements. Upon the execution and delivery by any Person of
a Joinder Agreement to the Security Agreement substantially in the form attached hereto as Exhibit 3 thereto (a “Guarantor Supplement”), (a) such Person shall be referred to as an “Additional Guarantor”
and shall become and be a Guarantor hereunder, and each reference in this Guaranty to a “Guarantor” shall also mean and be a reference to such Additional Guarantor, and each reference in any other Loan Document to a “Guarantor”
shall also mean and be a reference to such Additional Guarantor, and (b) each reference herein to “this Guaranty”, “hereunder”, “hereof” or words of like import referring to this Guaranty, and each reference in any
other Loan Document to the “Guaranty”, “thereunder”, “thereof” or words of like import referring to this Guaranty, shall mean and be a reference to this Guaranty as supplemented by such Guaranty Supplement 

13. Other Guarantors. To the extent that any Guarantor shall be required hereunder to pay a portion of the Guaranteed Obligations
exceeding the greater of (a) the amount of the economic benefit actually received by such Guarantor from the Loans and (b) the amount such Guarantor would otherwise have paid if such Guarantor had paid the aggregate amount of the
Guaranteed Obligations (excluding the amount thereof repaid by the Borrower) in the same proportion as such Guarantor’s net worth at the date enforcement is sought hereunder bears to the aggregate net worth of all the Guarantors (taken together
with the aggregate net worth of all other “Guarantors” (as such term is defined in the Credit Agreement) obligated with respect to the Guaranteed Obligations (the “Other Guarantors”)) at the date of enforcement is
sought hereunder, then each Other Guarantor shall reimburse such other Guarantors for the amount of such excess, pro rata, based on the respective net worths of such Other Guarantors at the date enforcement hereunder is sought. 

14. Condition of Borrower. The Guarantor acknowledges and agrees that it has the sole responsibility for, and has adequate means
of, obtaining from the Borrower and any other guarantor such information concerning the financial condition, business and operations of the Borrower and any such other guarantor as the Guarantor requires, and that none of the Secured Parties has any
duty, and the Guarantor is not relying on the Secured Parties at any time, to disclose to the Guarantor any information relating to the business, operations or financial condition of the Borrower or any other guarantor (the Guarantor waiving any
duty on the part of the Secured Parties to disclose such information and any defense relating to the failure to provide the same). 
  

 F - 3 

Form of Guaranty 

 15. Setoff. If and to the extent any payment is not made when due hereunder, the
Administrative Agent may setoff and charge from time to time any amount so due against any or all of the Guarantor’s accounts or deposits with the Administrative Agent. 

16. Representations and Warranties. The Guarantor represents and warrants that (a) it is duly organized and in good standing
under the laws of the jurisdiction of its organization and has full capacity and right to make and perform this Guaranty, and all necessary authority has been obtained; (b) this Guaranty constitutes its legal, valid and binding obligation
enforceable in accordance with its terms except to the extent that enforceability thereof may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws generally affecting auditors’ rights and by equitable
principles (regardless of whether enforcement is sought in equity or at law); (c) the making and performance of this Guaranty does not and will not violate the provisions of any applicable law, regulation or order, and does not and will not
result in the breach of, or constitute a default or require any consent under, any material agreement, instrument except, in each case referred to in this clause (c), to the extent that such would not reasonably be expected to have a Material
Adverse Effect, or document to which it is a party or by which it or any of its property may be bound or affected; and (d) all consents, approvals, licenses and authorizations of, and filings and registrations with, any governmental authority
required under applicable law and regulations for the making and performance of this Guaranty have been obtained or made and are in full force and effect. 

17. Indemnification and Survival. Without limitation on any other obligations of the Guarantor or remedies of the Administrative
Agent under this Guaranty, the Guarantor shall, to the fullest extent permitted by law, indemnify, defend and save and hold harmless the Secured Parties from and against, and shall pay on demand, any and all damages, losses, liabilities and expenses
(including reasonable attorneys’ fees and expenses and the allocated cost and disbursements of internal legal counsel) that may be suffered or incurred by the Secured Parties in connection with or as a result of any failure of any Guaranteed
Obligations to be the legal, valid and binding obligations of the Borrower enforceable against the Borrower in accordance with their terms. The obligations of the Guarantor under this paragraph shall survive the payment in full of the Guaranteed
Obligations and termination of this Guaranty. 
 18. GOVERNING LAW. THIS GUARANTY SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 19. SUBMISSION TO JURISDICTION. THE GUARANTOR IRREVOCABLY AND
UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE
COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS GUARANTY, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF
ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR
PROCEEDING SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. 

20. WAIVER OF VENUE. THE GUARANTOR IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS GUARANTY OR ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN SECTION 18. EACH OF THE PARTIES HERETO HEREBY
IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 

 

 F - 4 

Form of Guaranty 

 21. SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS
IN THE MANNER PROVIDED FOR NOTICES IN SECTION 11.02 OF THE CREDIT AGREEMENT. NOTHING IN THIS GUARANTY WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW 

22. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS GUARANTY OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY
HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND
(B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS GUARANTY BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

 

 F - 5 

Form of Guaranty 

 Executed this 4th day of August, 2010. 

 

					
	SAVVIS Communications International, Inc.,
	
	as Guarantor
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	 SAVVIS Canada, Inc.,
  

as Guarantor

		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	 SAVVIS Federal Systems, Inc.,
  

as Guarantor

		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

 Accepted and Agreed: 
  

					
	BANK OF AMERICA, N.A,
	as Administrative Agent
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

  

 F - 6 

Form of Guaranty 

 EXHIBIT G 

FORM OF SECURITY AGREEMENT 

SECURITY AGREEMENT 

By 
 SAVVIS
COMMUNICATIONS CORPORATION, 
 as Borrower 

SAVVIS, INC., 
 as
Holdings 
 and 

THE GUARANTORS PARTY HERETO 

and 
 BANK OF
AMERICA, N.A., 
 as Administrative Agent 

 
  

Dated as of August 4, 2010 
  

 
  

 

 G - 1 

Form of Security Agreement 

 TABLE OF CONTENTS 

 

					
	 	 	 	  	Page
			
	PREAMBLE	 		  	1
			
	RECITALS	 		  	5
			
	AGREEMENT	 		  	5
	
	ARTICLE I
			
		 	DEFINITIONS AND INTERPRETATION	  	
			
	SECTION 1.1.	 	DEFINITIONS	  	6
	SECTION 1.2.	 	INTERPRETATION	  	11
	SECTION 1.3.	 	RESOLUTION OF DRAFTING AMBIGUITIES	  	11
	SECTION 1.4.	 	PERFECTION CERTIFICATE	  	11
	
	ARTICLE II
			
		 	GRANT OF SECURITY AND SECURED OBLIGATIONS	  	
			
	SECTION 2.1.	 	GRANT OF SECURITY INTEREST	  	11
	SECTION 2.2.	 	FILINGS	  	12
	
	ARTICLE III
			
		 	 PERFECTION; SUPPLEMENTS; FURTHER ASSURANCES;

USE OF COLLATERAL
	  	
			
	SECTION 3.1.	 	DELIVERY OF CERTIFICATED SECURITIES COLLATERAL	  	12
	SECTION 3.2.	 	PERFECTION OF UNCERTIFICATED SECURITIES COLLATERAL	  	13
	SECTION 3.3.	 	FINANCING STATEMENTS AND OTHER FILINGS; MAINTENANCE OF PERFECTED SECURITY INTEREST	  	13
	SECTION 3.4.	 	OTHER ACTIONS	  	13
	SECTION 3.5.	 	JOINDER OF ADDITIONAL GUARANTORS	  	16
	SECTION 3.6.	 	SUPPLEMENTS; FURTHER ASSURANCES	  	16
	
	ARTICLE IV
			
		 	REPRESENTATIONS, WARRANTIES AND COVENANTS	  	
			
	SECTION 4.1.	 	TITLE	  	16
	SECTION 4.2.	 	VALIDITY OF SECURITY INTEREST	  	17
	SECTION 4.3.	 	DEFENSE OF CLAIMS;	  	17
	SECTION 4.4.	 	OTHER FINANCING STATEMENTS	  	17
	SECTION 4.5.	 	LOCATION OF INVENTORY AND EQUIPMENT	  	17
	SECTION 4.6.	 	DUE AUTHORIZATION AND ISSUANCE	  	17
	SECTION 4.7.	 	CONSENTS, ETC.	  	17
	SECTION 4.8.	 	COLLATERAL	  	17
	SECTION 4.9.	 	INSURANCE	  	18

  

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Form of Security Agreement 

					
	ARTICLE V
			
		 	CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL	  	
			
	SECTION 5.1.	 	PLEDGE OF ADDITIONAL SECURITIES COLLATERAL	  	18
	SECTION 5.2.	 	VOTING RIGHTS; DISTRIBUTIONS; ETC.	  	18
	SECTION 5.3.	 	DEFAULTS, ETC	  	19
	SECTION 5.4.	 	CERTAIN AGREEMENTS OF PLEDGORS AS ISSUERS AND HOLDERS OF EQUITY INTERESTS	  	19
	
	ARTICLE VI
	
	 CERTAIN PROVISIONS CONCERNING INTELLECTUAL

PROPERTY COLLATERAL

			
	SECTION 6.1.	 	GRANT OF INTELLECTUAL PROPERTY LICENSE	  	20
	SECTION 6.2.	 	PROTECTION OF ADMINISTRATIVE AGENT’S SECURITY	  	20
	SECTION 6.3.	 	AFTER-ACQUIRED PROPERTY	  	20
	SECTION 6.4.	 	LITIGATION	  	21
	
	ARTICLE VII
	
	CERTAIN PROVISIONS CONCERNING RECEIVABLES
			
	SECTION 7.1.	 	MAINTENANCE OF RECORDS	  	21
	SECTION 7.2.	 	LEGEND	  	21
	SECTION 7.3.	 	MODIFICATION OF TERMS, ETC	  	21
	SECTION 7.4.	 	COLLECTION	  	22
	
	ARTICLE VIII
	
	TRANSFERS
			
	SECTION 8.1.	 	TRANSFERS OF COLLATERAL	  	22
	
	ARTICLE IX
	
	REMEDIES
			
	SECTION 9.1.	 	REMEDIES	  	22
	SECTION 9.2.	 	NOTICE OF SALE	  	23
	SECTION 9.3.	 	WAIVER OF NOTICE AND CLAIMS	  	24
	SECTION 9.4.	 	CERTAIN SALES OF COLLATERAL	  	24
	SECTION 9.5.	 	NO WAIVER; CUMULATIVE REMEDIES	  	25
	SECTION 9.6.	 	CERTAIN ADDITIONAL ACTIONS REGARDING INTELLECTUAL PROPERTY	  	25
	
	ARTICLE X
	
	APPLICATION OF PROCEEDS
			
	SECTION 10.1.	 	APPLICATION OF PROCEEDS	  	25

  

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Form of Security Agreement 

					
	ARTICLE XI
	
	MISCELLANEOUS
			
	SECTION 11.1.	 	CONCERNING ADMINISTRATIVE AGENT	  	26
	SECTION 11.2.	 	ADMINISTRATIVE AGENT MAY PERFORM; ADMINISTRATIVE AGENT APPOINTED ATTORNEY-IN-FACT	  	27
	SECTION 11.3.	 	CONTINUING SECURITY INTEREST; ASSIGNMENT	  	27
	SECTION 11.4.	 	TERMINATION; RELEASE	  	27
	SECTION 11.5.	 	MODIFICATION IN WRITING	  	28
	SECTION 11.6.	 	NOTICES	  	28
	SECTION 11.7.	 	GOVERNING LAW, CONSENT TO JURISDICTION AND SERVICE OF PROCESS; WAIVER OF JURY TRIAL	  	28
	SECTION 11.8.	 	SEVERABILITY OF PROVISIONS	  	28
	SECTION 11.9.	 	EXECUTION IN COUNTERPARTS	  	28
	SECTION 11.10.	 	BUSINESS DAYS	  	28
	SECTION 11.11.	 	NO CREDIT FOR PAYMENT OF TAXES OR IMPOSITION	  	28
	SECTION 11.12.	 	NO CLAIMS AGAINST ADMINISTRATIVE AGENT	  	28
	SECTION 11.13.	 	NO RELEASE	  	28
	SECTION 11.14.	 	OBLIGATIONS ABSOLUTE	  	29
		
	SIGNATURES	  	S-1

  

			
	EXHIBIT 1	  	Form of Issuer’s Acknowledgment
	EXHIBIT 2	  	Form of Securities Pledge Amendment
	EXHIBIT 3	  	Form of Joinder Agreement
	EXHIBIT 4	  	Form of Copyright Security Agreement
	EXHIBIT 5	  	Form of Patent Security Agreement
	EXHIBIT 6	  	Form of Trademark Security Agreement
	EXHIBIT 7	  	Form of Bailee’s Letter

  

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Form of Security Agreement 

 SECURITY AGREEMENT 

This SECURITY AGREEMENT dated as of August 4, 2010 (as amended, amended and restated, supplemented or otherwise modified from time
to time in accordance with the provisions hereof, this “Agreement”) made by SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation
(“Holdings”), and the Guarantors from to time to time party hereto (the “Guarantors”), as pledgors, assignors and debtors (the Borrower, Holdings and the Guarantors, in such capacities and together with any
successors in such capacities, the “Pledgors,” and each, a “Pledgor”), in favor of BANK OF AMERICA, N.A., in its capacity as administrative agent pursuant to the Credit Agreement (as hereinafter defined), as
pledgee, assignee and secured party (in such capacities and together with any successors in such capacities, the “Administrative Agent”). 

R E C I T A L S : 

A. The Borrower, Holdings, the Administrative Agent and the lending institutions listed therein have, in connection with the execution
and delivery of this Agreement, entered into that certain credit agreement, dated as of August 4, 2010 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; which term
shall also include and refer to any increase in the amount of indebtedness under the Credit Agreement. 
 B. Each Guarantor has,
pursuant to the Credit Agreement, entered into that certain guaranty agreement, dated as of August 4, 2010 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Guaranty Agreement”), and
unconditionally guaranteed the Secured Obligations. 
 C. The Borrower, Holdings and each Guarantor will receive substantial
benefits from the execution, delivery and performance of the obligations under the Credit Agreement and the other Loan Documents and each is, therefore, willing to enter into this Agreement. 

D. This Agreement is given by each Pledgor in favor of the Administrative Agent for the benefit of the Secured Parties to secure the
payment and performance of all of the Secured Obligations. 
 F. It is a condition to (i) the obligations of the Lenders to
make the Loans under the Credit Agreement, (ii) the obligations of the L/C Issuer to issue Letters of Credit and (iii) the performance of the obligations of the Secured Parties under Secured Hedge Agreements and Secured Cash Management
Agreements that constitute Secured Obligations that each Pledgor execute and deliver the applicable Loan Documents, including this Agreement. 

A G R E E M E N T : 

NOW THEREFORE, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which
are hereby acknowledged, each Pledgor and the Administrative Agent hereby agree as follows: 
  

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Form of Security Agreement 

 ARTICLE I 

DEFINITIONS AND INTERPRETATION 

SECTION 1.1. Definitions. 

(a) Unless otherwise defined herein or in the Credit Agreement, capitalized terms used herein that are defined in the UCC shall have the
meanings assigned to them in the UCC; provided that in any event, the following terms shall have the meanings assigned to them in the UCC: 

“Accounts”; “Bank”; “Chattel Paper”; “Commercial Tort Claim”;
“Commodity Account”; “Commodity Contract”; “Commodity Intermediary”; “Documents”; “Electronic Chattel Paper”; “Entitlement Order”;
“Equipment”; “Financial Asset”; “Fixtures”; “Goods”, “Inventory”; “Letter-of-Credit Rights”; “Letters of Credit”;
“Money”; “Payment Intangibles”; “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”;
“Supporting Obligations”; and “Tangible Chattel Paper.” 
 (b) Terms used but not otherwise
defined herein that are defined in the Credit Agreement shall have the meanings given to them in the Credit Agreement. Section 1.02 of the Credit Agreement shall apply herein mutatis mutandis. 

(c) The following terms shall have the following meanings: 

“Account Debtor” shall mean each person who is obligated on a Receivable or Supporting Obligation related thereto.

 “Administrative Agent” shall have the meaning assigned to such term in the Preamble hereof. 

“Agreement” shall have the meaning assigned to such term in the Preamble hereof. 

“Bailee Letter” shall be an agreement in form substantially similar to Exhibit 7 hereto. 

“Borrower” shall have the meaning assigned to such term in the Preamble hereof. 

“Collateral” shall have the meaning assigned to such term in Section 2.1 hereof. 

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

“Commodity Account Control Agreement” shall mean a control agreement in a form that is reasonably satisfactory to the
Administrative Agent establishing the Administrative Agent’s Control with respect to any Commodity Account. 

“Contracts” shall mean, collectively, with respect to each Pledgor, all sale, service, performance, equipment or
property lease contracts, agreements and grants and all other contracts, agreements or grants (in each case, whether written or oral, or third party or intercompany), between such Pledgor and any third party, and all assignments, amendments,
restatements, supplements, extensions, renewals, replacements or modifications thereof. 
 “Control” shall mean
(i) in the case of each Deposit Account, “control,” as such term is defined in Section 9-104 of the UCC, (ii) in the case of any Security Entitlement, “control,” as such term is defined in Section 8-106 of the
UCC, and (iii) in the case of any Commodity Contract, “control,” as such term is defined in Section 9-106 of the UCC. 

“Control Agreements” shall mean, collectively, the Deposit Account Control Agreement, the Securities Account Control
Agreement and the Commodity Account Control Agreement. 
 “Copyrights” shall mean, collectively, with respect
to each Pledgor, all copyrights (whether statutory or common law, whether established or registered in the United States or any other country or any political subdivision thereof, whether registered or unregistered and whether published or
unpublished) and all copyright registrations and applications made by such Pledgor, in each case, whether now owned or hereafter created or acquired by or assigned to such Pledgor, together with any and all (i) rights and privileges arising
under applicable law with respect to such Pledgor’s use of such copyrights, (ii) reissues, renewals, continuations and extensions thereof and amendments thereto, (iii) income, fees, royalties, damages, claims and payments now or
hereafter due and/or payable with respect thereto, including damages and payments for past, present or future infringements thereof, (iv) rights corresponding thereto throughout the world and (v) rights to sue for past, present or future
infringements thereof. 
  

 G - 6 

Form of Security Agreement 

 “Copyright Security Agreement” shall mean an agreement substantially in the
form of Exhibit 4 hereto. 
 “Credit Agreement” shall have the meaning assigned to such term in
Recital A hereof. 
 “Deposit Account Control Agreement” shall mean an agreement in a form that is
reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Deposit Account. 

“Deposit Accounts” shall mean, collectively, with respect to each Pledgor, (i) all “deposit accounts” as
such term is defined in the UCC and in any event shall include the LC Account and all accounts and sub-accounts relating to any of the foregoing accounts and (ii) all cash, funds, checks, notes and instruments from time to time on deposit in
any of the accounts or sub-accounts described in clause (i) of this definition. 
 “Distributions” shall
mean, collectively, with respect to each Pledgor, all dividends, cash, options, warrants, rights, instruments, distributions, returns of capital or principal, income, interest, profits and other property, interests (debt or equity) or proceeds,
including as a result of a split, revision, reclassification or other like change of the Pledged Securities, from time to time received, receivable or otherwise distributed to such Pledgor in respect of or in exchange for any or all of the Pledged
Securities or Intercompany Notes. 
 “Excluded Deposit Account” shall mean (i) zero balance Deposit
Accounts the funds of which are transferred at the end of each Business Day to a Deposit Account subject to the Administrative Agent’s Control, (ii) Deposit Accounts which are exclusively used to fund payroll so long as the funds on
deposit in all such payroll accounts of the Pledgors do not at any time exceed the then aggregate accrued payroll obligations of the Pledgors and their Subsidiaries and (iii) each Deposit Account holding at all times less than $100,000 in the
aggregate together with all such other Deposit Accounts excluded pursuant to this clause (iii). 
 “Excluded
Property” shall mean 
 (a) any permit or license issued by a Governmental Authority to any Pledgor or
any agreement to which any Pledgor is a party, in each case, only to the extent and for so long as the terms of such permit, license or agreement or any Requirement of Law applicable thereto, validly prohibit the creation by such Pledgor of a
security interest in such permit, license or agreement in favor of the Administrative Agent (after giving effect to Sections 9-406(d), 9-407(a), 9-408(a) or 9-409 of the UCC (or any successor provision or provisions) or any other applicable law
(including the Bankruptcy Code) or principles of equity); 
 (b) assets owned by any Pledgor on the date hereof
or hereafter acquired and any proceeds thereof that are subject to a Lien permitted by Section 7.01(i) of the Credit Agreement to the extent and for so long as the contract or other agreement in which such Lien is granted (or the documentation
providing for the Capitalized Lease Obligation, Synthetic Lease Obligations or purchase money obligation subject to such Lien) validly prohibits the creation of any other Lien on such assets and proceeds; 

(c) any property of a person existing at the time such person is acquired or merged with or into or consolidated with any
Pledgor that is subject to a Lien permitted by Section 7.01(j) of the Credit Agreement to the extent and for so long as the contract or other agreement in which such Lien is granted validly prohibits the creation of any other Lien on such
property; 
 (d) any Equity Interests of a Foreign Subsidiary to the extent and for so long as the pledge thereof
to the Administrative Agent would constitute an investment of earnings in United States property under Section 956 (or a successor provision) of the Code; provided that this clause (d) shall not apply to (A) Voting Stock of any
Subsidiary which is a first-tier controlled foreign corporation (as defined in 
  

 G - 7 

Form of Security Agreement 

 
Section 957(a) of the Code) representing 66% of the total voting power of all outstanding Voting Stock of such Subsidiary and (B) 100% of the Equity Interests not constituting Voting
Stock of any such Subsidiary, except that any such Equity Interests constituting “stock entitled to vote” within the meaning of Treasury Regulation Section 1.956-2(c)(2) shall be treated as Voting Stock for purposes of this clause
(d); and 
 (e) any intent-to-use trademark application to the extent and for so long as creation by a
Pledgor of a security interest therein would result in the loss by such Pledgor of any material rights therein; 
 provided,
however, that Excluded Property shall not include any Proceeds, substitutions or replacements of any Excluded Property referred to in clause (a), (b), (c), (d) or (e) (unless such Proceeds, substitutions or replacements would
constitute Excluded Property referred to in clauses (a), (b), (c), (d) or (e)). 
 “Foreign
Subsidiary” shall mean a Subsidiary that is organized under the laws of a jurisdiction other than the United States or any state thereof or the District of Columbia. 

“General Intangibles” shall mean, collectively, with respect to each Pledgor, all “general intangibles,” as
such term is defined in the UCC, of such Pledgor and, in any event, shall include (i) all of such Pledgor’s rights, title and interest in, to and under all Contracts and insurance policies (including all rights and remedies relating
to monetary damages, including indemnification rights and remedies, and claims for damages or other relief pursuant to or in respect of any Contract), (ii) all know-how and warranties relating to any of the Collateral or the Mortgaged Property,
(iii) any and all other rights, claims, choses-in-action and causes of action of such Pledgor against any other person and the benefits of any and all collateral or other security given by any other person in connection therewith, (iv) all
guarantees, endorsements and indemnifications on, or of, any of the Collateral or any of the Mortgaged Property, (v) all lists, books, records, correspondence, ledgers, printouts, files (whether in printed form or stored electronically), tapes
and other papers or materials containing information relating to any of the Collateral or any of the Mortgaged Property, including all customer or tenant lists, identification of suppliers, data, plans, blueprints, specifications, designs, drawings,
appraisals, recorded knowledge, surveys, studies, engineering reports, test reports, manuals, standards, processing standards, performance standards, catalogs, research data, computer and automatic machinery software and programs and the like, field
repair data, accounting information pertaining to such Pledgor’s operations or any of the Collateral or any of the Mortgaged Property and all media in which or on which any of the information or knowledge or data or records may be recorded or
stored and all computer programs used for the compilation or printout of such information, knowledge, records or data, (vi) all licenses, consents, permits, variances, certifications, authorizations and approvals, however characterized, now or
hereafter acquired or held by such Pledgor, including building permits, certificates of occupancy, environmental certificates, industrial permits or licenses and certificates of operation and (vii) all rights to reserves, deferred payments,
deposits, refunds, indemnification of claims and claims for tax or other refunds against any Governmental Authority. 

“Goodwill” shall mean, collectively, with respect to each Pledgor, the goodwill connected with such Pledgor’s
business including all goodwill connected with (i) the use of and symbolized by any Trademark or Intellectual Property License with respect to any Trademark in which such Pledgor has any interest, (ii) all know-how, trade secrets, customer
and supplier lists, proprietary information, inventions, methods, procedures, formulae, descriptions, compositions, technical data, drawings, specifications, name plates, catalogs, confidential information and the right to limit the use or
disclosure thereof by any person, pricing and cost information, business and marketing plans and proposals, consulting agreements, engineering contracts and such other assets which relate to such goodwill and (iii) all product lines of such
Pledgor’s business. 
 “Guarantors” shall have the meaning assigned to such term in the Preamble hereof.

 “Instruments” shall mean, collectively, with respect to each Pledgor, all “instruments,” as such
term is defined in Article 9, rather than Article 3, of the UCC, and shall include all promissory notes, drafts, bills of exchange or acceptances. 

“Intellectual Property Collateral” shall mean, collectively, the Patents, Trademarks, Copyrights, Intellectual Property
Licenses and Goodwill. 
  

 G - 8 

Form of Security Agreement 

 “Intellectual Property Licenses” shall mean, collectively, with respect to
each Pledgor, all license and distribution agreements with, and covenants not to sue, any other party with respect to any Patent, Trademark or Copyright or any other patent, trademark or copyright, whether such Pledgor is a licensor or licensee,
distributor or distributee under any such license or distribution agreement, together with any and all (i) renewals, extensions, supplements and continuations thereof, (ii) income, fees, royalties, damages, claims and payments now and
hereafter due and/or payable thereunder and with respect thereto including damages and payments for past, present or future infringements or violations thereof, (iii) rights to sue for past, present and future infringements or violations
thereof and (iv) other rights to use, exploit or practice any or all of the Patents, Trademarks or Copyrights or any other patent, trademark or copyright. 

“Intercompany Notes” shall mean, with respect to each Pledgor, all intercompany notes described in
Schedule 6 to the Perfection Certificate and intercompany notes hereafter acquired by such Pledgor and all certificates, instruments or agreements evidencing such intercompany notes, and all assignments, amendments, restatements,
supplements, extensions, renewals, replacements or modifications thereof to the extent permitted pursuant to the terms hereof except, in each case, to extent constituting Excluded Property. 

“Investment Property” shall mean a security, whether certificated or uncertificated, Security Entitlement, Securities
Account, Commodity Contract or Commodity Account, excluding, however, the Securities Collateral. 
 “Joinder
Agreement” shall mean an agreement substantially in the form of Exhibit 3 hereto. 
 “Landlord
Access Agreement” shall mean a landlord access agreement in a form reasonably acceptable to the Administrative Agent. 

“LC Account” shall mean any account established and maintained in accordance with the provisions of
Section 2.14 of the Credit Agreement and all property from time to time on deposit in such LC Account. 

“Material Intellectual Property Collateral” shall mean any Intellectual Property Collateral that is material (i) to
the use and operation of the Collateral or Mortgaged Property or (ii) to the business, results of operations, or financial condition of any Pledgor. 

“Mortgaged Property” shall have the meaning assigned to such term in the Mortgages. 

“Patents” shall mean, collectively, with respect to each Pledgor, all patents issued or assigned to, and all patent
applications and registrations made by, such Pledgor (whether established or registered or recorded in the United States or any other country or any political subdivision thereof), together with any and all (i) rights and privileges arising
under applicable law with respect to such Pledgor’s use of any patents, (ii) inventions and improvements claimed therein, (iii) reissues, divisions, continuations, renewals, extensions and continuations-in-part thereof and amendments
thereto, (iv) income, fees, royalties, damages, claims and payments now or hereafter due and/or payable thereunder and with respect thereto including damages and payments for past, present or future infringements thereof, (v) rights
corresponding thereto throughout the world and (vi) rights to sue for past, present or future infringements thereof. 

“Patent Security Agreement” shall mean an agreement substantially in the form of Exhibit 5 hereto.

 “Perfection Certificate” shall mean that certain perfection certificate dated August 4, 2010, executed
and delivered by each Pledgor in favor of the Administrative Agent for the benefit of the Secured Parties, and each other Perfection Certificate (which shall be in form and substance reasonably acceptable to the Administrative Agent) executed and
delivered by the applicable Guarantor in favor of the Administrative Agent for the benefit of the Secured Parties contemporaneously with the execution and delivery of each Joinder Agreement executed in accordance with Section 3.5 hereof,
in each case, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the Credit Agreement. 
  

 G - 9 

Form of Security Agreement 

 “Pledge Amendment” shall have the meaning assigned to such term in
Section 5.1 hereof. 
 “Pledged Securities” shall mean, collectively, with respect to each Pledgor,
(i) all issued and outstanding Equity Interests of each issuer set forth on Schedules 5(a) and 5(b) to the Perfection Certificate as being owned by such Pledgor and all options, warrants, rights, agreements and additional Equity
Interests of whatever class of any such issuer acquired by such Pledgor (including by issuance), together with all rights, privileges, authority and powers of such Pledgor relating to such Equity Interests in each such issuer or under any
Organization Document of each such issuer, and the certificates, instruments and agreements representing such Equity Interests and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to such
Equity Interests, excluding, in each case, to the extent constituting Excluded Property, (ii) all Equity Interests of any issuer, which Equity Interests are hereafter acquired by such Pledgor (including by issuance) and all options, warrants,
rights, agreements and additional Equity Interests of whatever class of any such issuer acquired by such Pledgor (including by issuance), together with all rights, privileges, authority and powers of such Pledgor relating to such Equity Interests or
under any Organization Document of any such issuer, and the certificates, instruments and agreements representing such Equity Interests and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to
such Equity Interests, from time to time acquired by such Pledgor in any manner, and (iii) all Equity Interests issued in respect of the Equity Interests referred to in clause (i) or (ii) upon any consolidation or merger of any issuer
of such Equity Interests. 
 “Pledgor” shall have the meaning assigned to such term in the Preamble hereof.

 “Receivables” shall mean all (i) Accounts, (ii) Chattel Paper, (iii) Payment Intangibles,
(iv) General Intangibles, (v) Instruments and (vi) all other rights to payment, whether or not earned by performance, for goods or other property sold, leased, licensed, assigned or otherwise disposed of, or services rendered or to be
rendered, regardless of how classified under the UCC together with all of Pledgors’ rights, if any, in any goods or other property giving rise to such right to payment and all Collateral Support and Supporting Obligations related thereto and
all Records relating thereto. 
 “Securities Account Control Agreement” shall mean an agreement in a form that
is reasonably satisfactory to the Administrative Agent establishing the Administrative Agent’s Control with respect to any Securities Account. 

“Securities Collateral” shall mean, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.

 “Trademarks” shall mean, collectively, with respect to each Pledgor, all trademarks (including service
marks), slogans, logos, certification marks, trade dress, uniform resource locations (URL’s), domain names, corporate names and trade names, whether registered or unregistered, owned by or assigned to such Pledgor and all registrations and
applications for the foregoing (whether statutory or common law and whether established or registered in the United States or any other country or any political subdivision thereof), together with any and all (i) rights and privileges arising
under applicable law with respect to such Pledgor’s use of any trademarks, (ii) reissues, continuations, extensions and renewals thereof and amendments thereto, (iii) income, fees, royalties, damages and payments now and hereafter due
and/or payable thereunder and with respect thereto, including damages, claims and payments for past, present or future infringements thereof, (iv) rights corresponding thereto throughout the world and (v) rights to sue for past, present
and future infringements thereof. 
 “Trademark Security Agreement” shall mean an agreement substantially in
the form of Exhibit 6 hereto. 
 “UCC” shall mean the Uniform Commercial Code as in effect from
time to time in the State of New York; provided, however, that, at any time, if by reason of mandatory provisions of law, any or all of the perfection or priority of the Administrative Agent’s and the Secured Parties’
security interest in any item or portion of the Collateral is governed by the Uniform Commercial Code as in effect in a jurisdiction other than the State of New York, the term “UCC” shall mean the Uniform Commercial Code as in effect, at
such time, in such other jurisdiction for purposes of the provisions hereof relating to such perfection or priority and for purposes of definitions relating to such provisions. 

 

 G - 10 

Form of Security Agreement 

 “Voting Stock” shall mean, with respect to any person, any class or classes
of Equity Interests pursuant to which the holders thereof have the general voting power under ordinary circumstances to elect at least a majority of the Board of Directors of such person. 

SECTION 1.2. Interpretation. The rules of interpretation specified in the Credit Agreement shall be applicable to this Agreement.

 SECTION 1.3. Resolution of Drafting Ambiguities. Each Pledgor acknowledges and agrees that it was represented by
counsel in connection with the execution and delivery hereof, that it and its counsel reviewed and participated in the preparation and negotiation hereof and that any rule of construction to the effect that ambiguities are to be resolved against the
drafting party (i.e., the Administrative Agent) shall not be employed in the interpretation hereof. 
 SECTION 1.4.
Perfection Certificate. The Administrative Agent and each Secured Party agree that the Perfection Certificate and all descriptions of Collateral, schedules, amendments and supplements thereto are and shall at all times remain a part of this
Agreement. 
 ARTICLE II 

GRANT OF SECURITY AND SECURED OBLIGATIONS 

SECTION 2.1. Grant of Security Interest. As collateral security for the payment and performance in full of all the Secured
Obligations, each Pledgor hereby pledges and grants to the Administrative Agent for the benefit of the Secured Parties, a lien on and security interest in all of the right, title and interest of such Pledgor in, to and under the following property,
wherever located, and whether now existing or hereafter arising or acquired from time to time (collectively, the “Collateral”): 
  

	 	(i)	all Accounts; 

  

	 	(ii)	all Equipment, Goods, Inventory and Fixtures; 

  

	 	(iii)	all Documents, Instruments and Chattel Paper; 

  

	 	(iv)	all Letters of Credit and Letter-of-Credit Rights; 

  

	 	(v)	all Securities Collateral; 

  

	 	(vi)	all Investment Property; 

  

	 	(vii)	all Intellectual Property Collateral; 

  

	 	(viii)	the Commercial Tort Claims described on Schedule 8 to the Perfection Certificate; 

 

	 	(ix)	all General Intangibles; 

  

	 	(x)	all Money and all Deposit Accounts; 

  

	 	(xi)	all Supporting Obligations; 

  

	 	(xii)	all books and records relating to the Collateral; and 

  

	 	(xiii)	to the extent not covered by clauses (i) through (xii) of this sentence, all other personal property of such Pledgor, whether tangible or intangible, and all
Proceeds and products of each of the foregoing and all accessions to, substitutions and replacements for, and rents, profits and products of, each of the foregoing, any and all Proceeds of any insurance, indemnity, warranty or guaranty payable to
such Pledgor from time to time with respect to any of the foregoing. 

  

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Form of Security Agreement 

 Notwithstanding anything to the contrary contained in clauses (i) through
(xiii) above, the security interest created by this Agreement shall not extend to, and the term “Collateral” shall not include, any Excluded Property and (i) the Pledgors shall from time to time at the request of the
Administrative Agent (which, so long as no Default or Event of Default exists, request shall not be made more frequently than once in any period of twelve (12) consecutive months) give written notice to the Administrative Agent identifying in
reasonable detail the Excluded Property and shall provide to the Administrative Agent such other information regarding the Excluded Property as the Administrative Agent may reasonably request and (ii) from and after the Closing Date, no Pledgor
shall permit to become effective in any document creating, governing or providing for any permit, license or agreement a provision that would prohibit the creation of a Lien on such permit, license or agreement in favor of the Administrative Agent
unless such Pledgor believes, in its reasonable judgment, that such prohibition is usual and customary in transactions of such type. 

SECTION 2.2. Filings. (a) Each Pledgor hereby irrevocably authorizes the Administrative Agent at any time and from time to
time to file in any relevant jurisdiction any financing statements (including fixture filings) and amendments thereto that contain the information required by Article 9 of the Uniform Commercial Code of each applicable jurisdiction for the filing of
any financing statement or amendment relating to the Collateral, including (i) whether such Pledgor is an organization, the type of organization and any organizational identification number issued to such Pledgor, (ii) any financing or
continuation statements or other documents without the signature of such Pledgor where permitted by law, including the filing of a financing statement describing the Collateral as “all assets now owned or hereafter acquired by the Pledgor or in
which Pledgor otherwise has rights” and (iii) in the case of a financing statement filed as a fixture filing or covering Collateral constituting minerals or the like to be extracted or timber to be cut, a sufficient description of the real
property to which such Collateral relates. Each Pledgor agrees to provide all information described in the immediately preceding sentence to the Administrative Agent promptly upon request by the Administrative Agent. 

(a) Each Pledgor hereby ratifies its authorization for the Administrative Agent to file in any relevant jurisdiction any financing
statements relating to the Collateral if filed prior to the date hereof. 
 (b) Each Pledgor hereby further authorizes the
Administrative Agent to file filings with the United States Patent and Trademark Office or United States Copyright Office (or any successor office or any similar office in any other country), including this Agreement, the Copyright Security
Agreement, the Patent Security Agreement and the Trademark Security Agreement, or other documents for the purpose of perfecting, confirming, continuing, enforcing or protecting the security interest granted by such Pledgor hereunder, without the
signature of such Pledgor, and naming such Pledgor, as debtor, and the Administrative Agent, as secured party. 
 ARTICLE III

 PERFECTION; SUPPLEMENTS; FURTHER ASSURANCES; 

USE OF COLLATERAL 

SECTION 3.1. Delivery of Certificated Securities Collateral. Each Pledgor represents and warrants that all certificates,
agreements or instruments representing or evidencing the Securities Collateral in existence on the date hereof have been delivered to the Administrative Agent in suitable form for transfer by delivery or accompanied by duly executed instruments of
transfer or assignment in blank and that, subject to the Administrative Agent maintaining possession thereof in the State of New York, the Administrative Agent has a perfected first priority security interest therein. Each Pledgor hereby agrees that
all certificates, agreements or instruments representing or evidencing Securities Collateral acquired by such Pledgor after the date hereof shall promptly (but in any event within five days (or such longer period as may be acceptable to the
Administrative Agent) after receipt thereof by such Pledgor) be delivered to and held by or on behalf of the Administrative Agent pursuant hereto. All certificated 

 

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Form of Security Agreement 

 
Securities Collateral shall be in suitable form for transfer by delivery or shall be accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance
reasonably satisfactory to the Administrative Agent. The Administrative Agent shall have the right, at any time upon the occurrence and during the continuance of any Event of Default, to endorse, assign or otherwise transfer to or to register in the
name of the Administrative Agent or any of its nominees or endorse for negotiation any or all of the Securities Collateral, without any indication that such Securities Collateral is subject to the security interest hereunder. In addition, upon the
occurrence and during the continuance of an Event of Default, the Administrative Agent shall have the right at any time to exchange certificates representing or evidencing Securities Collateral for certificates of smaller or larger denominations.

 SECTION 3.2. Perfection of Uncertificated Securities Collateral. Each Pledgor represents and warrants that the
Administrative Agent has a perfected first priority security interest in all uncertificated Pledged Securities pledged by it hereunder that are in existence on the date hereof. Each Pledgor hereby agrees that if any of the Pledged Securities are at
any time not evidenced by certificates of ownership, then each applicable Pledgor shall, to the extent permitted by applicable law, (i) cause the issuer to execute and deliver to the Administrative Agent an acknowledgment of the pledge of such
Pledged Securities substantially in the form of Exhibit 1 hereto or such other form that is reasonably satisfactory to the Administrative Agent, (ii) if necessary or desirable to perfect a security interest in such Pledged
Securities, cause such pledge to be recorded on the equityholder register or the books of the issuer, execute any customary pledge forms or other documents necessary or appropriate to complete the pledge and give the Administrative Agent the right
to transfer such Pledged Securities under the terms hereof, and (iii) after the occurrence and during the continuance of any Event of Default, upon request by the Administrative Agent, (A) cause the Organization Documents of each such
issuer that is a Subsidiary of the Borrower to be amended to provide that such Pledged Securities shall be treated as “securities” for purposes of the UCC and (B) cause such Pledged Securities to become certificated and delivered to
the Administrative Agent in accordance with the provisions of Section 3.1. 
 SECTION 3.3. Financing Statements
and Other Filings; Maintenance of Perfected Security Interest. Each Pledgor represents and warrants that all financing statements, agreements, instruments and other documents necessary to perfect the security interest granted by it to the
Administrative Agent in respect of the Collateral have been delivered to the Administrative Agent in completed and, to the extent necessary or appropriate, duly executed form for filing in the applicable governmental, municipal or other office. Each
Pledgor agrees that at the sole cost and expense of the Pledgors, such Pledgor will maintain the security interest created by this Agreement in the Collateral as a perfected first priority security interest subject only to Permitted Liens.

 SECTION 3.4. Other Actions. In order to further ensure the attachment, perfection and priority of, and the ability of
the Administrative Agent to enforce, the Administrative Agent’s security interest in the Collateral, each Pledgor represents and warrants (as to itself) as follows and agrees, in each case at such Pledgor’s own expense, to take the
following actions with respect to the following Collateral: 
 (a) Instruments and Tangible Chattel Paper.
As of the date hereof, no amounts payable under or in connection with any of the Collateral are evidenced by any Instrument or Tangible Chattel Paper other than such Instruments and Tangible Chattel Paper listed in Schedule 6 to the
Perfection Certificate. Each Instrument and each item of Tangible Chattel Paper listed in Schedule 6 to the Perfection Certificate has been properly endorsed, assigned and delivered to the Administrative Agent, accompanied by instruments of
transfer or assignment duly executed in blank. If any amount then payable exceeding $100,000 under or in connection with any of the Collateral shall be evidenced by any Instrument or Tangible Chattel Paper, and such amount, together with all amounts
payable evidenced by any Instrument or Tangible Chattel Paper not previously delivered to the Administrative Agent exceeds $1,000,000 in the aggregate for all Pledgors, the Pledgor acquiring such Instrument or Tangible Chattel Paper shall promptly
(but in any event within five days (or such longer period as may be acceptable to the Administrative Agent) after receipt thereof) endorse, assign and deliver the same to the Administrative Agent, accompanied by such instruments of transfer or
assignment duly executed in blank as the Administrative Agent may from time to time specify. 
 (b) Deposit
Accounts. As of the date hereof, no Pledgor has any Deposit Accounts other than the accounts listed in Schedule 9 to the Perfection Certificate. The Administrative Agent has a first priority security interest in each such Deposit Account,
other than Excluded Deposit Accounts, 
  

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Form of Security Agreement 

 
which security interest is perfected by Control. No Pledgor shall hereafter establish and maintain any Deposit Account unless (1) it shall have given the Administrative Agent 10 days’
prior written notice of its intention to establish such new Deposit Account with a Bank (or such other or shorter notice as may be acceptable to the Administrative Agent), (2) such Bank shall be reasonably acceptable to the Administrative Agent
and (3) if such Deposit Account is not an Excluded Deposit Account, such Bank and such Pledgor shall have duly executed and delivered to the Administrative Agent a Deposit Account Control Agreement with respect to such Deposit Account. The
Administrative Agent agrees with each Pledgor that the Administrative Agent shall not give any instructions directing the disposition of funds from time to time credited to any Deposit Account or withhold any withdrawal rights from such Pledgor with
respect to funds from time to time credited to any Deposit Account unless an Event of Default has occurred and is continuing. Each Pledgor agrees that once the Administrative Agent sends an instruction or notice to a Bank exercising its Control over
any Deposit Account such Pledgor shall not give any instructions or orders with respect to such Deposit Account including, without limitation, instructions for distribution or transfer of any funds in such Deposit Account. No Pledgor shall grant
Control of any Deposit Account to any person other than the Administrative Agent. 
 (c) Securities Accounts
and Commodity Accounts. (i) As of the date hereof, no Pledgor has any Securities Accounts or Commodity Accounts other than those listed in Schedule 9 to the Perfection Certificate. The Administrative Agent has a first priority
security interest in each such Securities Account and Commodity Account, which security interest is perfected by Control. No Pledgor shall hereafter establish and maintain any Securities Account or Commodity Account with any Securities Intermediary
or Commodity Intermediary unless (1) it shall have given the Administrative Agent 10 days’ prior written notice of its intention to establish such new Securities Account or Commodity Account with such Securities Intermediary or Commodity
Intermediary (or such other or shorter notice as may be acceptable to the Administrative Agent, (2) such Securities Intermediary or Commodity Intermediary shall be reasonably acceptable to the Administrative Agent and (3) such Securities
Intermediary or Commodity Intermediary, as the case may be, and such Pledgor shall have duly executed and delivered a Control Agreement with respect to such Securities Account or Commodity Account, as the case may be. Each Pledgor shall promptly
deposit any and all cash and Investment Property received by it into a Deposit Account or Securities Account subject to Administrative Agent’s Control, except with respect to Investment Property with an aggregate value not exceeding $100,000 at
any time. The Administrative Agent agrees with each Pledgor that the Administrative Agent shall not give any Entitlement Orders or instructions or directions to any issuer of uncertificated securities, Securities Intermediary or Commodity
Intermediary, and shall not withhold its consent to the exercise of any withdrawal or dealing rights by such Pledgor, unless an Event of Default has occurred and is continuing or, after giving effect to any such investment and withdrawal rights,
would occur. Each Pledgor agrees that once the Administrative Agent sends an instruction or notice to a Securities Intermediary or Commodity Intermediary exercising its Control over any Securities Account and Commodity Account such Pledgor shall not
give any instructions or orders with respect to such Securities Account and Commodity Account including, without limitation, instructions for investment, distribution or transfer of any Investment Property or financial asset maintained in such
Securities Account or Commodity Account. No Pledgor shall grant Control over any Investment Property to any person other than the Administrative Agent. 

(ii) As between the Administrative Agent and the Pledgors, the Pledgors shall bear the investment risk with respect to the
Investment Property and Pledged Securities, and the risk of loss of, damage to, or the destruction of the Investment Property and Pledged Securities, whether in the possession of, or maintained as a Security Entitlement or deposit by, or subject to
the Control of, the Administrative Agent, a Securities Intermediary, a Commodity Intermediary, any Pledgor or any other person. 

(d) Electronic Chattel Paper and Transferable Records. As of the date hereof, no amount under or in connection with
any of the Collateral is evidenced by any Electronic Chattel Paper or any “transferable record” (as that term is defined in Section 201 of the Federal Electronic Signatures in Global and National Commerce Act, or in Section 16 of
the Uniform Electronic Transactions Act as in effect in any relevant jurisdiction) other than such Electronic 
  

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Form of Security Agreement 

 
Chattel Paper and transferable records listed in Schedule 6 to the Perfection Certificate. If any amount payable under or in connection with any of the Collateral shall be evidenced by any
Electronic Chattel Paper or any transferable record, the Pledgor acquiring such Electronic Chattel Paper or transferable record shall promptly notify the Administrative Agent thereof and shall take such action as the Administrative Agent may
reasonably request to vest in the Administrative Agent control of such Electronic Chattel Paper under Section 9-105 of the UCC or control under Section 201 of the Federal Electronic Signatures in Global and National Commerce Act or, as the
case may be, Section 16 of the Uniform Electronic Transactions Act, as so in effect in such jurisdiction, of such transferable record. The requirement in the preceding sentence shall not apply to the extent that such amount, together with all
amounts payable evidenced by Electronic Chattel Paper or any transferable record in which the Administrative Agent has not been vested control within the meaning of the statutes described in the immediately preceding sentence, does not exceed
$1,000,000 in the aggregate for all Pledgors. The Administrative Agent agrees with such Pledgor that the Administrative Agent will arrange, pursuant to procedures satisfactory to the Administrative Agent and so long as such procedures will not
result in the Administrative Agent’s loss of control, for the Pledgor to make alterations to the Electronic Chattel Paper or transferable record permitted under Section 9-105 of the UCC or, as the case may be, Section 201 of the
Federal Electronic Signatures in Global and National Commerce Act or Section 16 of the Uniform Electronic Transactions Act for a party in control to allow without loss of control, unless an Event of Default has occurred and is continuing or
would occur after taking into account any action by such Pledgor with respect to such Electronic Chattel Paper or transferable record. 

(e) Letter-of-Credit Rights. If any Pledgor is at any time a beneficiary under a Letter of Credit now or hereafter
issued, such Pledgor shall notify the Administrative Agent within 30 days thereof and such Pledgor shall, at the request of the Administrative Agent, pursuant to an agreement in form and substance reasonably satisfactory to the Administrative Agent,
either (i) arrange for the issuer and any confirmer of such Letter of Credit to consent to an assignment to the Administrative Agent of the proceeds of any drawing under the Letter of Credit or (ii) arrange for the Administrative Agent to
become the transferee beneficiary of such Letter of Credit, with the Administrative Agent agreeing, in each case, that the proceeds of any drawing under the Letter of Credit are to be applied as provided in the Credit Agreement. The actions in the
preceding sentence shall not be required to the extent that the amount of any such Letter of Credit, together with the aggregate amount of all other Letters of Credit for which the actions described above in clause (i) and (ii) have not
been taken, does not exceed $500,000 individually or $2,000,000 in the aggregate for all Pledgors. 
 (f)
Commercial Tort Claims. As of the date hereof, each Pledgor hereby represents and warrants that it holds no Commercial Tort Claims other than those listed in Schedule 8 to the Perfection Certificate. If any Pledgor shall at any time
hold or acquire a Commercial Tort Claim, such Pledgor shall, within 10 business days, notify the Administrative Agent in writing signed by such Pledgor of the brief details thereof and grant to the Administrative Agent in such writing a security
interest therein and in the Proceeds thereof, all upon the terms of this Agreement, with such writing to be in form and substance reasonably satisfactory to the Administrative Agent. The requirement in the preceding sentence shall not apply to the
extent that the amount of such Commercial Tort Claim, together with the amount of all other Commercial Tort Claims held by any Pledgor in which the Administrative Agent does not have a security interest, does not exceed $1,000,000 in the aggregate
for all Pledgors. 
 (g) Landlord’s Access Agreements/Bailee Letters. Pursuant to Section 6.19
of the Credit Agreement, each Pledgor shall use its commercially reasonable efforts to obtain as soon as practicable after the date hereof, a Landlord Access Agreement from all bailees and landlords, as applicable, who have possession of any
Collateral as further described therin. Each Pledgor shall also use commercially reasonable efforts to obtain a Bailee Letter, Landlord Access Agreement and/or landlord’s lien waiver, as applicable, from all such bailees and landlords, as
applicable, who from time to time have possession of any Collateral if reasonably requested by the Administrative Agent. A Bailee Letter shall not be required if the value of the Collateral held by such bailee is less then $1,000,000. 

(h) Motor Vehicles. Upon the request of the Administrative Agent, each Pledgor shall deliver to the Administrative
Agent originals of the certificates of title or ownership for the motor vehicles (and any other Equipment covered by certificates of title or ownership) owned by it, with the Administrative Agent listed as lienholder therein. Such requirement shall
not apply if any such motor vehicle (or any such other Equipment) is valued at less than $50,000, provided that the aggregate value of all motor vehicles (and such Equipment) as to which any Pledgor has not delivered a certificate of title or
ownership is less than $1,000,000. 
  

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Form of Security Agreement 

 SECTION 3.5. Joinder of Additional Guarantors. The Pledgors shall cause each
Subsidiary of the Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Administrative Agent for the benefit of the Secured Parties pursuant to the provisions of the Credit Agreement, (a) to
execute and deliver to the Administrative Agent (i) a Joinder Agreement substantially in the form of Exhibit 3 hereto and (ii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was
acquired or created (or such longer period as may be acceptable to the Administrative Agent) or (b) in the case of a Subsidiary organized outside of the United States required to pledge any assets to the Administrative Agent, to execute and
deliver to the Administrative Agent such documentation as the Administrative Agent shall reasonably request and, in each case with respect to clauses (a) and (b) above, upon such execution and delivery, such Subsidiary shall constitute a
“Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such Joinder Agreement shall not require the consent of
any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement. 

SECTION 3.6. Supplements; Further Assurances. Each Pledgor shall take such further actions, and execute and/or deliver to the
Administrative Agent such additional financing statements, amendments, assignments, agreements, supplements, powers and instruments, as the Administrative Agent may in its reasonable judgment deem necessary or appropriate in order to create,
perfect, preserve and protect the security interest in the Collateral as provided herein and the rights and interests granted to the Administrative Agent hereunder, to carry into effect the purposes hereof or better to assure and confirm the
validity, enforceability and priority of the Administrative Agent’s security interest in the Collateral or permit the Administrative Agent to exercise and enforce its rights, powers and remedies hereunder with respect to any Collateral,
including the filing of financing statements, continuation statements and other documents (including this Agreement) under the Uniform Commercial Code (or other similar laws) in effect in any jurisdiction with respect to the security interest
created hereby and the execution and delivery of Control Agreements, all in form reasonably satisfactory to the Administrative Agent and in such offices (including the United States Patent and Trademark Office and the United States Copyright Office)
wherever required by law to perfect, continue and maintain the validity, enforceability and priority of the security interest in the Collateral as provided herein and to preserve the other rights and interests granted to the Administrative Agent
hereunder, as against third parties, with respect to the Collateral. Without limiting the generality of the foregoing, each Pledgor shall make, execute, endorse, acknowledge, file or refile and/or deliver to the Administrative Agent from time to
time upon reasonable request by the Administrative Agent such lists, schedules, descriptions and designations of the Collateral, copies of warehouse receipts, receipts in the nature of warehouse receipts, bills of lading, documents of title,
vouchers, invoices, schedules, confirmatory assignments, supplements, additional security agreements, conveyances, financing statements, transfer endorsements, powers of attorney, certificates, reports and other assurances or instruments as the
Administrative Agent shall reasonably request. If an Event of Default has occurred and is continuing, the Administrative Agent may institute and maintain, in its own name or in the name of any Pledgor, such suits and proceedings as the
Administrative Agent may be advised by counsel shall be necessary or expedient to prevent any impairment of the security interest in or the perfection thereof in the Collateral. All of the foregoing shall be at the sole cost and expense of the
Pledgors. 
 ARTICLE IV 

REPRESENTATIONS, WARRANTIES AND COVENANTS 

Each Pledgor represents, warrants and covenants as follows: 

SECTION 4.1. Title. Except for the security interest granted to the Administrative Agent for the benefit of the Secured Parties
pursuant to this Agreement and Permitted Liens, such Pledgor has rights and, as to Collateral acquired by it from time to time after the date hereof, will have rights in each item of Collateral pledged by it hereunder, free and clear of any and all
Liens or claims of others. 
  

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Form of Security Agreement 

 SECTION 4.2. Validity of Security Interest. The security interest in and Lien on the
Collateral granted to the Administrative Agent for the benefit of the Secured Parties hereunder constitutes (a) a legal and valid security interest in all the Collateral securing the payment and performance of the Secured Obligations, and
(b) subject to the filing of financing statements in the applicable jurisdictions, the Copyright Security Agreement in the United States Copyright Office, and the Patent Security Agreement and Trademark Security Agreement with the United States
Patent and Trademark Office, a perfected security interest in all the Collateral to the extent required herein. The security interest and Lien granted to the Administrative Agent for the benefit of the Secured Parties pursuant to this Agreement in
and on the Collateral will at all times constitute a perfected, continuing security interest therein, prior to all other Liens on the Collateral except for Permitted Liens. Notwithstanding anything to the contrary herein or in the Credit Agreement,
the Pledgors make no representation regarding the attachment, perfection or priority of any lien on or security interest in any of the Intercompany Notes executed by a Foreign Subsidiary except to the extent the UCC is applicable thereto.

 SECTION 4.3. Defense of Claims. Each Pledgor shall, at its own cost and expense, defend title to the Collateral
pledged by it hereunder and the security interest therein and Lien thereon granted to the Administrative Agent and the priority thereof against all claims and demands of all persons, at its own cost and expense, at any time claiming any interest
therein adverse to the Administrative Agent or any other Secured Party other than Permitted Liens. 
 SECTION 4.4. Other
Financing Statements. It has not filed, nor authorized any third party to file (nor will there be), any valid or effective financing statement (or similar statement, instrument of registration or public notice under the law of any jurisdiction)
covering or purporting to cover any interest of any kind in the Collateral, except such as have been filed in favor of the Administrative Agent pursuant to this Agreement or in favor of any holder of a Permitted Lien with respect to such Permitted
Lien. No Pledgor shall execute, authorize or permit to be filed in any public office any financing statement (or similar statement, instrument of registration or public notice under the law of any jurisdiction) relating to any Collateral, except
financing statements and other statements and instruments filed or to be filed in respect of and covering the interests granted by such Pledgor to the holder of the Permitted Liens. 

SECTION 4.5. Location of Inventory and Equipment. It shall not move any Equipment or Inventory with a value greater than, in the
case of network infrastructure, $5,000,000 and, in the case of all other Collateral, $2,500,000, to any location, other than any location that is listed in the relevant Schedules to the Perfection Certificate, unless (i) it shall have given the
Administrative Agent not less than 30 days’ prior written notice (in the form of an officer’s certificate, or such other form and period of notice as may be acceptable to the Administrative Agent) of its intention so to do, clearly
describing such new location and providing such other information in connection therewith as the Administrative Agent may request and (ii) to the extent applicable with respect to such new location, such Pledgor shall have complied with
Section 3.4(g) hereof; provided that in no event shall any Equipment or Inventory be moved to any location outside of the continental United States. 

SECTION 4.6. Due Authorization and Issuance. All of the Pledged Securities existing on the date hereof have been, and to the
extent any Pledged Securities are hereafter issued, such Pledged Securities will be, upon such issuance, duly authorized, validly issued and fully paid and non-assessable to the extent applicable. There is no amount or other obligation owing by any
Pledgor to any issuer of the Pledged Securities in exchange for or in connection with the issuance of the Pledged Securities or any Pledgor’s status as a partner or a member of any issuer of the Pledged Securities. 

SECTION 4.7. Consents, etc. In the event that the Administrative Agent desires to exercise any remedies, voting or consensual
rights or attorney-in-fact powers set forth in this Agreement and determines it necessary to obtain any approvals or consents of any Governmental Authority or any other person therefor, then, upon the reasonable request of the Administrative Agent,
such Pledgor agrees to use its commercially reasonable efforts to assist and aid the Administrative Agent to obtain as soon as practicable any necessary approvals or consents for the exercise of any such remedies, rights and powers. 

SECTION 4.8. Collateral. All information set forth herein, including the schedules hereto, and all information contained in any
documents, schedules and lists heretofore delivered to any Secured Party, 
  

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Form of Security Agreement 

 
including the Perfection Certificate and the schedules thereto, in connection with this Agreement, in each case, relating to the Collateral, is accurate and complete in all material respects. The
Collateral described on the schedules to the Perfection Certificate constitutes all of the property of such type of Collateral owned or held by the Pledgors, other than Collateral acquired since delivery of the immediately preceding Perfection
Certificate Supplement pursuant to Section 6.02(j) of the Credit Agreement. 
 SECTION 4.9. Insurance. In the event
that the proceeds of any insurance claim are paid to any Pledgor after the Administrative Agent has exercised its right to foreclose after an Event of Default, such Net Cash Proceeds shall be held in trust for the benefit of the Administrative Agent
and promptly after receipt thereof shall be paid to the Administrative Agent for application in accordance with the Credit Agreement. 

ARTICLE V 

CERTAIN PROVISIONS CONCERNING SECURITIES COLLATERAL 

SECTION 5.1. Pledge of Additional Securities Collateral. Each Pledgor shall, upon obtaining any Pledged Securities or Intercompany
Notes of any person, except in each case to the extent constituting Excluded Property and except with respect to Pledged Securities with an aggregate value not exceeding $100,000 at any time, accept the same in trust for the benefit of the
Administrative Agent and promptly (but in any event within five days after receipt thereof, or such longer period as may be acceptable to the Administrative Agent) deliver to the Administrative Agent a pledge amendment, duly executed by such
Pledgor, in substantially the form of Exhibit 2 hereto (each, a “Pledge Amendment”), and the certificates and other documents required under Section 3.1 and Section 3.2 hereof in respect of the
additional Pledged Securities or Intercompany Notes which are required to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes.
Each Pledgor hereby authorizes the Administrative Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Administrative Agent shall for all
purposes hereunder be considered Collateral except to the extent constituting Excluded Property. 
 SECTION 5.2. Voting
Rights; Distributions; etc. (a) So long as no Event of Default shall have occurred and be continuing: 

(i) Each Pledgor shall be entitled to exercise any and all voting and other consensual rights pertaining to the Securities
Collateral or any part thereof for any purpose not inconsistent with the terms or purposes hereof, the Credit Agreement or any other document evidencing the Secured Obligations; provided, however, that no Pledgor shall in any event
exercise such rights in any manner which would reasonably be expected to have a Material Adverse Effect. 
 (ii)
Each Pledgor shall be entitled to receive and retain, and to utilize free and clear of the Lien hereof, any and all Distributions, but only if and to the extent made in accordance with the provisions of the Credit Agreement; provided,
however, that any and all such Distributions consisting of rights or interests in the form of securities shall be forthwith delivered to the Administrative Agent to the extent and as required by this Agreement to hold as Collateral.

 (b) So long as no Event of Default shall have occurred and be continuing, the Administrative Agent shall be deemed without
further action or formality to have granted to each Pledgor all necessary consents relating to voting rights and shall, if necessary, upon written request of any Pledgor and at the sole cost and expense of the Pledgors, from time to time
execute and deliver (or cause to be executed and delivered) to such Pledgor all such instruments as such Pledgor may reasonably request in order to permit such Pledgor to exercise the voting and other rights which it is entitled to exercise pursuant
to Section 5.2(a)(i) hereof and to receive the Distributions which it is authorized to receive and retain pursuant to Section 5.2(a)(ii) hereof. 
  

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Form of Security Agreement 

 (c) Upon the occurrence and during the continuance of any Event of Default and after notice
to the Borrower: 
 (i) All rights of each Pledgor to exercise the voting and other consensual rights it would
otherwise be entitled to exercise pursuant to Section 5.2(a)(i) hereof shall immediately cease, and all such rights shall thereupon become vested in the Administrative Agent, which shall thereupon have the sole right to exercise such
voting and other consensual rights. 
 (ii) All rights of each Pledgor to receive Distributions which it would
otherwise be authorized to receive and retain pursuant to Section 5.2(a)(ii) hereof shall immediately cease and all such rights shall thereupon become vested in the Administrative Agent, which shall thereupon have the sole right to
receive and hold as Collateral such Distributions. 
 (d) Each Pledgor shall, at its sole cost and expense, from time to time
execute and deliver to the Administrative Agent appropriate instruments as the Administrative Agent may reasonably request in order to permit the Administrative Agent to exercise the voting and other rights which it may be entitled to exercise
pursuant to Section 5.2(c)(i) hereof and to receive all Distributions which it may be entitled to receive under Section 5.2(c)(ii) hereof. 

(e) All Distributions which are received by any Pledgor contrary to the provisions of Section 5.2(a)(ii) hereof shall be
received in trust for the benefit of the Administrative Agent, shall be segregated from other funds of such Pledgor and shall promptly be paid over to the Administrative Agent as Collateral in the same form as so received (with any necessary
endorsement). 
 SECTION 5.3. Defaults, etc. Each Pledgor hereby represents and warrants that, to the knowledge of the
Responsible Officers of such Pledgor, (i) such Pledgor is not in default in the payment of any material portion of any mandatory capital contribution, if any, required to be made under any agreement to which such Pledgor is a party relating to
the Pledged Securities pledged by it, and such Pledgor is not in violation of any other material provisions of any such agreement to which such Pledgor is a party, (ii) no Securities Collateral pledged by such Pledgor is subject to any defense,
material offset or material counterclaim, nor have any of the foregoing been asserted or alleged against such Pledgor by any person with respect thereto, and (iii) as of the date hereof, there are no certificates, instruments, or similar
writings (other than the Organization Documents and certificates representing such Pledged Securities that have been delivered to the Administrative Agent) which evidence any Pledged Securities of such Pledgor. 

SECTION 5.4. Certain Agreements of Pledgors As Issuers and Holders of Equity Interests. 

(a) In the case of each Pledgor which is an issuer of Securities Collateral, such Pledgor agrees to be bound by the terms of this
Agreement relating to the Securities Collateral issued by it and will comply with such terms insofar as such terms are applicable to it. 

(b) In the case of each Pledgor which is a partner, shareholder or member, as the case may be, in a partnership, limited liability
company or other entity, such Pledgor hereby consents to the extent required by the applicable Organization Document to the pledge by each other Pledgor, pursuant to the terms hereof, of the Pledged Securities in such partnership, limited liability
company or other entity and, upon the occurrence and during the continuance of an Event of Default, to the transfer of such Pledged Securities to the Administrative Agent or its nominee and to the substitution of the Administrative Agent or its
nominee as a substituted partner, shareholder or member in such partnership, limited liability company or other entity with all the rights, powers and duties of a general partner, limited partner, shareholder or member, as the case may be.

  

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 ARTICLE VI 

CERTAIN PROVISIONS CONCERNING INTELLECTUAL 

PROPERTY COLLATERAL 

SECTION 6.1. Grant of Intellectual Property License. For the purpose of enabling the Administrative Agent, during the continuance
of an Event of Default, to exercise rights and remedies under Article IX hereof at such time as the Administrative Agent shall be lawfully entitled to exercise such rights and remedies, and for no other purpose, each Pledgor hereby grants to
the Administrative Agent effective upon the occurrence of an Event of Default, to the extent assignable, an irrevocable, non-exclusive license to use, assign, license or sublicense any of the Intellectual Property Collateral now owned or hereafter
acquired by such Pledgor, wherever the same may be located. Such license shall include access to all media in which any of the licensed items may be recorded or stored and to all computer programs used for the compilation or printout hereof. In the
event the Administrative Agent uses, licenses, or sublicenses any of the Trademarks, such usage and/or licenses must conform with all of Pledgor’s standards and quality control requirements and any licensees and/or sublicensees must enter into
written agreements whereby they agree to comply with all of Pledgor’s standards and quality control requirements in form and substance reasonably satisfactory to the Administrative Agent. 

SECTION 6.2. Protection of Administrative Agent’s Security. On a continuing basis, each Pledgor shall, at its sole cost and
expense, (i) promptly following its becoming aware thereof, notify the Administrative Agent of any final, non-appealable material adverse determination in any proceeding or the institution of any proceeding in any federal, state or local court
or administrative body or in the United States Patent and Trademark Office or the United States Copyright Office regarding any Material Intellectual Property Collateral, such Pledgor’s right to register such Material Intellectual Property
Collateral or its right to keep and maintain such registration in full force and effect, (ii) maintain all Material Intellectual Property Collateral in accordance with the requirements of the Credit Agreement, (iii) not permit to lapse or
become abandoned any Material Intellectual Property Collateral, and not settle or compromise any pending or future litigation or administrative proceeding with respect to any such Material Intellectual Property Collateral, in either case except as
shall be consistent with commercially reasonable business judgment, (iv) upon such Pledgor obtaining knowledge thereof, promptly notify the Administrative Agent in writing of any event which may be reasonably expected to materially and
adversely affect the value or utility of any Material Intellectual Property Collateral or the rights and remedies of the Administrative Agent in relation thereto including a levy or any legal process against any Material Intellectual Property
Collateral, (v) not license any Intellectual Property Collateral other than licenses entered into by such Pledgor in, or incidental to, the ordinary course of business, or amend or permit the amendment of any of the licenses in a manner that
materially and adversely affects the right to receive payments thereunder, or in any manner that would materially impair the value of any Intellectual Property Collateral or the Lien on and security interest in the Intellectual Property Collateral
created therein hereby, without the consent of the Administrative Agent, which consent will not unreasonably withheld, or as otherwise permitted by the Credit Agreement (vi) diligently keep adequate records respecting all Intellectual Property
Collateral and (vii) furnish to the Administrative Agent from time to time upon the Administrative Agent’s reasonable request therefor reasonably detailed statements and amended schedules further identifying and describing the Intellectual
Property Collateral and such other materials evidencing or reports pertaining to any Intellectual Property Collateral as the Administrative Agent may from time to time request. 

SECTION 6.3. After-Acquired Property. If any Pledgor shall at any time after the date hereof (i) obtain any rights to any
additional Intellectual Property Collateral or (ii) become entitled to the benefit of any additional Intellectual Property Collateral or any renewal or extension thereof, including any reissue, division, continuation, or continuation-in-part of
any Intellectual Property Collateral, or any improvement on any Intellectual Property Collateral, or if any intent-to use trademark application becomes registered or becomes an “actual use” application, and is thus no longer subject to
clause (e) of the definition of Excluded Property, the provisions hereof shall automatically apply thereto and any such item enumerated in the preceding clause (i) or (ii) shall automatically constitute Intellectual Property
Collateral as if such would have constituted Intellectual Property Collateral at the time of execution hereof and be subject to the Lien and security interest created by this Agreement without further action by any party. Each Pledgor shall promptly
provide to the Administrative Agent written notice of any of the foregoing (in connection with delivery of the Perfection Certificate Supplement pursuant to Section 6.02(j) of the Credit Agreement) and confirm the attachment of the Lien and
security interest created by this Agreement to any rights described in clauses (i) and (ii) above by execution of an instrument in form reasonably acceptable to the 

 

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 Administrative Agent and the filing of any instruments or statements as shall be reasonably
necessary to create, preserve, protect or perfect the Administrative Agent’s security interest in such Intellectual Property Collateral. Further, each Pledgor authorizes the Administrative Agent to modify this Agreement by amending Schedules
7(a), 7(b) and 7(c) to the Perfection Certificate to include any Intellectual Property Collateral of such Pledgor acquired or arising after the date hereof. 

SECTION 6.4. Litigation. Unless there shall occur and be continuing any Event of Default, each Pledgor shall have the right to
commence and prosecute in its own name, as the party in interest, for its own benefit and at the sole cost and expense of the Pledgors, such applications for protection of the Intellectual Property Collateral and suits, proceedings or other actions
to prevent the infringement, counterfeiting, unfair competition, dilution, diminution in value or other damage as are necessary to protect the Intellectual Property Collateral. Upon the occurrence and during the continuance of any Event of Default,
the Administrative Agent shall have the right but shall in no way be obligated to file applications for protection of the Intellectual Property Collateral and/or bring suit in the name of any Pledgor, the Administrative Agent or the Secured Parties
to enforce the Intellectual Property Collateral and any license thereunder. In the event of such suit, each Pledgor shall, at the reasonable request of the Administrative Agent, do any and all lawful acts and execute any and all documents reasonably
requested by the Administrative Agent in aid of such enforcement and the Pledgors shall promptly reimburse and indemnify the Administrative Agent for all costs and expenses incurred by the Administrative Agent in the exercise of its rights under
this Section 6.4 in accordance with Section 11.04 of the Credit Agreement. In the event that the Administrative Agent shall elect not to bring suit to enforce the Intellectual Property Collateral, each Pledgor agrees, at the
reasonable request of the Administrative Agent, to take all commercially reasonable actions necessary, whether by suit, proceeding or other action, to prevent the infringement, counterfeiting, unfair competition, dilution, diminution in value of or
other damage to any of the Intellectual Property Collateral by any person. 
 ARTICLE VII 

CERTAIN PROVISIONS CONCERNING RECEIVABLES 

SECTION 7.1. Maintenance of Records. Each Pledgor shall keep and maintain at its own cost and expense complete records of each
Receivable, in a manner consistent with past or otherwise prudent business practice, including records of all payments received, all credits granted thereon, all merchandise returned and all other documentation relating thereto. Each Pledgor shall,
at such Pledgor’s sole cost and expense, upon the Administrative Agent’s demand made at any time after the occurrence and during the continuance of any Event of Default, deliver all tangible evidence of Receivables, including all documents
evidencing Receivables and any books and records relating thereto to the Administrative Agent or to its representatives (copies of which evidence and books and records may be retained by such Pledgor). Upon the occurrence and during the continuance
of any Event of Default, the Administrative Agent may transfer a full and complete copy of any Pledgor’s books, records, credit information, reports, memoranda and all other writings relating to the Receivables to and for the use by any person
that has acquired or is contemplating acquisition of an interest in the Receivables or the Administrative Agent’s security interest therein without the consent of any Pledgor. 

SECTION 7.2. Legend. Each Pledgor shall legend, at the request of the Administrative Agent and in form and manner reasonably
satisfactory to the Administrative Agent, the Receivables and the other books, records and documents of such Pledgor evidencing or pertaining to the Receivables with an appropriate reference to the fact that the Receivables have been assigned to the
Administrative Agent for the benefit of the Secured Parties and that the Administrative Agent has a security interest therein. 

SECTION 7.3. Modification of Terms, etc. No Pledgor shall rescind or cancel any obligations evidenced by any Receivable or modify
any term thereof or make any adjustment with respect thereto except in the ordinary course of business consistent with past or otherwise prudent business practice, or extend or renew any such obligations except in the ordinary course of business
consistent with past or otherwise prudent business practice or compromise or settle any dispute, claim, suit or legal proceeding relating thereto or sell any Receivable or interest therein except in the ordinary course of business consistent with
prudent business practice without the prior written consent of the Administrative Agent. Each Pledgor shall timely fulfill all obligations on its part to be fulfilled under or in connection with the Receivables. 

 

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 SECTION 7.4. Collection. Each Pledgor shall cause to be collected from the Account
Debtor of each of the Receivables, as and when due in the ordinary course of business and consistent with past or otherwise prudent business practice (including Receivables that are delinquent, such Receivables to be collected in accordance with
generally accepted commercial collection procedures), any and all amounts owing under or on account of such Receivable, and apply forthwith upon receipt thereof all such amounts as are so collected to the outstanding balance of such Receivable,
except that any Pledgor may, with respect to a Receivable, allow in the ordinary course of business (i) a refund or credit due as a result of returned or damaged or defective merchandise and (ii) such extensions of time to pay amounts due
in respect of Receivables and such other modifications of payment terms or settlements in respect of Receivables as shall be commercially reasonable in the circumstances, all in accordance with such Pledgor’s ordinary course of business
consistent with its collection practices as in effect from time to time. The costs and expenses (including attorneys’ fees) of collection, in any case, whether incurred by any Pledgor, the Administrative Agent or any Secured Party, shall be
paid by the Pledgors. 
 ARTICLE VIII 

TRANSFERS 

SECTION 8.1. Transfers of Collateral. No Pledgor shall sell, convey, assign or otherwise dispose of, or grant any option with
respect to, any of the Collateral pledged by it hereunder except as expressly permitted by the Credit Agreement. 
 ARTICLE IX

 REMEDIES 

SECTION 9.1. Remedies. Upon the occurrence and during the continuance of any Event of Default, the Administrative Agent may from
time to time exercise in respect of the Collateral, in addition to the other rights and remedies provided for herein or otherwise available to it, the following remedies to the extent permitted by applicable law: 

(i) Personally, or by agents or attorneys, immediately take possession of the Collateral or any part thereof, from any Pledgor or any
other person who then has possession of any part thereof with or without notice or process of law, and for that purpose may enter upon any Pledgor’s premises where any of the Collateral is located, remove such Collateral, remain present at such
premises to receive copies of all communications and remittances relating to the Collateral and use in connection with such removal and possession any and all services, supplies, aids and other facilities of any Pledgor; 

(ii) Demand, sue for, collect or receive any money or property at any time payable or receivable in respect of the Collateral including
instructing the obligor or obligors on any agreement, instrument or other obligation constituting part of the Collateral to make any payment required by the terms of such agreement, instrument or other obligation directly to the Administrative
Agent, and in connection with any of the foregoing, compromise, settle, extend the time for payment and make other modifications with respect thereto; provided, however, that in the event that any such payments are made directly to any
Pledgor, after Administrative Agent has notified Pledgor that it has given such instruction, such Pledgor shall segregate all amounts received pursuant thereto in trust for the benefit of the Administrative Agent and shall promptly (but in no event
later than one (1) Business Day after receipt thereof) pay such amounts to the Administrative Agent; 
  

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 (iii) Sell, assign, grant a license to use or otherwise liquidate, or direct any Pledgor to
sell, assign, grant a license to use or otherwise liquidate, any and all investments made in whole or in part with the Collateral or any part thereof, and take possession of the proceeds of any such sale, assignment, license or liquidation;

 (iv) Take possession of the Collateral or any part thereof, by directing any Pledgor in writing to deliver the same to the
Administrative Agent at any reasonable place or places so designated by the Administrative Agent, in which event such Pledgor shall at its own expense: (A) forthwith cause the same to be moved to the place or places designated by the
Administrative Agent and therewith delivered to the Administrative Agent, (B) store and keep any Collateral so delivered to the Administrative Agent at such place or places pending further action by the Administrative Agent and (C) while
the Collateral shall be so stored and kept, provide such security and maintenance services as shall be necessary to protect the same and to preserve and maintain them in good condition. Each Pledgor’s obligation to deliver the Collateral as
contemplated in this Section 9.1(iv) is of the essence hereof. Upon application to a court of equity having jurisdiction, the Administrative Agent shall be entitled to a decree requiring specific performance by any Pledgor of such
obligation; 
 (v) Withdraw all moneys, instruments, securities and other property in any bank, financial securities, deposit
or other account of any Pledgor constituting Collateral for application to the Secured Obligations as provided in Article X hereof; 

(vi) Retain and apply the Distributions to the Secured Obligations as provided in Article X hereof; 

(vii) Exercise any and all rights as beneficial and legal owner of the Collateral, including perfecting assignment of and exercising any
and all voting, consensual and other rights and powers with respect to any Collateral; and 
 (viii) Exercise all the rights
and remedies of a secured party on default under the UCC, and the Administrative Agent may also in its sole discretion, without notice except as specified in Section 9.2 hereof, sell, assign or grant a license to use the Collateral or
any part thereof in one or more parcels at public or private sale, at any exchange, broker’s board or at any of the Administrative Agent’s offices or elsewhere, for cash, on credit or for future delivery, and at such price or prices and
upon such other commercially reasonable terms as the Administrative Agent may deem appropriate in its discretion. The Administrative Agent or any other Secured Party or any of their respective Affiliates may be the purchaser, licensee, assignee or
recipient of the Collateral or any part thereof at any such sale and shall be entitled, for the purpose of bidding and making settlement or payment of the purchase price for all or any portion of the Collateral sold, assigned or licensed at such
sale, to use and apply any of the Secured Obligations owed to such person as a credit on account of the purchase price of the Collateral or any part thereof payable by such person at such sale. Each purchaser, assignee, licensee or recipient at any
such sale shall acquire the property sold, assigned or licensed absolutely free from any claim or right on the part of any Pledgor, and each Pledgor hereby waives, to the fullest extent permitted by law, all rights of redemption, stay and/or
appraisal which it now has or may at any time in the future have under any rule of law or statute now existing or hereafter enacted. The Administrative Agent shall not be obligated to make any sale of the Collateral or any part thereof regardless of
notice of sale having been given. The Administrative Agent may adjourn any public or private sale from time to time by announcement at the time and place fixed therefor, and such sale may, without further notice, be made at the time and place to
which it was so adjourned. Each Pledgor hereby waives, to the fullest extent permitted by law, any claims against the Administrative Agent arising by reason of the fact that the price at which the Collateral or any part thereof may have been sold,
assigned or licensed at such a private sale was less than the price which might have been obtained at a public sale. 
 SECTION
9.2. Notice of Sale. Each Pledgor acknowledges and agrees that, to the extent notice of sale or other disposition of the Collateral or any part thereof shall be required by law, ten (10) days’ prior notice to such Pledgor of the
time and place of any public sale or of the time after which any private sale or other intended disposition is to take place shall be commercially reasonable notification of such matters. No notification need be given to any Pledgor if it has
signed, after the occurrence of an Event of Default, a statement renouncing or modifying any right to notification of sale or other intended disposition. 
  

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 SECTION 9.3. Waiver of Notice and Claims. Each Pledgor hereby waives, to the fullest
extent permitted by applicable law, notice or judicial hearing in connection with the Administrative Agent’s taking possession or the Administrative Agent’s disposition of the Collateral or any part thereof, including any and all prior
notice and hearing for any prejudgment remedy or remedies and any such right which such Pledgor would otherwise have under law, and each Pledgor hereby further waives, to the fullest extent permitted by applicable law: (i) all damages
occasioned by such taking of possession, (ii) all other requirements as to the time, place and terms of sale or other requirements with respect to the enforcement of the Administrative Agent’s rights hereunder and (iii) all rights of
redemption, appraisal, valuation, stay, extension or moratorium now or hereafter in force under any applicable law. The Administrative Agent shall not be liable for any incorrect or improper payment made pursuant to this Article IX in
the absence of gross negligence or willful misconduct on the part of the Administrative Agent. Any sale of, or the grant of options to purchase, or any other realization upon, any Collateral shall operate to divest all right, title, interest, claim
and demand, either at law or in equity, of the applicable Pledgor therein and thereto, and shall be a perpetual bar both at law and in equity against such Pledgor and against any and all persons claiming or attempting to claim the Collateral so
sold, optioned or realized upon, or any part thereof, from, through or under such Pledgor. 
 SECTION 9.4. Certain Sales of
Collateral. 
 (a) Each Pledgor recognizes that, by reason of certain prohibitions contained in law, rules, regulations or
orders of any Governmental Authority, the Administrative Agent may be compelled, with respect to any sale of all or any part of the Collateral, to limit purchasers to those who meet the requirements of such Governmental Authority. Each Pledgor
acknowledges that any such sales may be at prices and on terms less favorable to the Administrative Agent than those obtainable through a public sale without such restrictions, and, notwithstanding such circumstances, agrees that any such restricted
sale shall be deemed to have been made in a commercially reasonable manner and that, except as may be required by applicable law, the Administrative Agent shall have no obligation to engage in public sales. 

(b) Each Pledgor recognizes that, by reason of certain prohibitions contained in the Securities Act, and applicable state securities
laws, the Administrative Agent may be compelled, with respect to any sale of all or any part of the Securities Collateral and Investment Property, to limit purchasers to persons who will agree, among other things, to acquire such Securities
Collateral or Investment Property for their own account, for investment and not with a view to the distribution or resale thereof. Each Pledgor acknowledges that any such private sales may be at prices and on terms less favorable to the
Administrative Agent than those obtainable through a public sale without such restrictions (including a public offering made pursuant to a registration statement under the Securities Act), and, notwithstanding such circumstances, agrees that any
such private sale shall be deemed to have been made in a commercially reasonable manner and that the Administrative Agent shall have no obligation to engage in public sales and no obligation to delay the sale of any Securities Collateral or
Investment Property for the period of time necessary to permit the issuer thereof to register it for a form of public sale requiring registration under the Securities Act or under applicable state securities laws, even if such issuer would agree to
do so. 
 (c) Notwithstanding the foregoing, each Pledgor shall, upon the occurrence and during the continuance of any Event of
Default, at the reasonable request of the Administrative Agent, for the benefit of the Administrative Agent, cause any registration, qualification under or compliance with any Federal or state securities law or laws to be effected with respect to
all or any part of the Securities Collateral as soon as practicable and at the sole cost and expense of the Pledgors. Each Pledgor will use its commercially reasonable efforts to cause such registration to be effected (and be kept effective) and
will use its commercially reasonable efforts to cause such qualification and compliance to be effected (and be kept effective) as may be so requested and as would permit or facilitate the sale and distribution of such Securities Collateral including
registration under the Securities Act (or any similar statute then in effect), appropriate qualifications under applicable blue sky or other state securities laws and appropriate compliance with all other requirements of any Governmental Authority.
Each Pledgor shall use its commercially reasonable efforts to cause the Administrative Agent to be kept advised in writing as to the progress of each such registration, qualification or compliance and as to the completion thereof, shall furnish to
the Administrative Agent such number of prospectuses, offering circulars or other documents incident thereto as the Administrative Agent from time to time may request, and shall indemnify and shall cause the issuer of the Securities Collateral to
indemnify the Administrative Agent and all others participating in the distribution of such Securities Collateral against all claims, losses, damages and liabilities caused by any untrue statement (or alleged untrue statement) of a

  

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material fact contained therein (or in any related registration statement, notification or the like) or by any omission (or alleged omission) to state therein (or in any related registration
statement, notification or the like) a material fact required to be stated therein or necessary to make the statements therein not misleading. 

(d) If the Administrative Agent determines to exercise its right to sell any or all of the Securities Collateral or Investment Property,
upon written request, the applicable Pledgor shall from time to time furnish to the Administrative Agent all such information as the Administrative Agent may request in order to determine the number of securities included in the Securities
Collateral or Investment Property which may be sold by the Administrative Agent as exempt transactions under the Securities Act and the rules of the Securities and Exchange Commission thereunder, as the same are from time to time in effect.

 (e) Each Pledgor further agrees that a breach of any of the covenants contained in this Section 9.4 will cause
irreparable injury to the Administrative Agent and the other Secured Parties, that the Administrative Agent and the other Secured Parties have no adequate remedy at law in respect of such breach and, as a consequence, that each and every covenant
contained in this Section 9.4 shall be specifically enforceable against such Pledgor, and such Pledgor hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants except for a defense
that no Event of Default has occurred and is continuing. 
 SECTION 9.5. No Waiver; Cumulative Remedies. 

(a) No failure on the part of the Administrative Agent to exercise, no course of dealing with respect to, and no delay on the part of the
Administrative Agent in exercising, any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any such right, power, privilege or remedy hereunder preclude any other or further exercise
thereof or the exercise of any other right, power, privilege or remedy; nor shall the Administrative Agent be required to look first to, enforce or exhaust any other security, collateral or guaranties. All rights and remedies herein provided are
cumulative and are not exclusive of any rights or remedies provided by law or otherwise available. 
 (b) In the event that the
Administrative Agent shall have instituted any proceeding to enforce any right, power, privilege or remedy under this Agreement or any other Loan Document by foreclosure, sale, entry or otherwise, and such proceeding shall have been discontinued or
abandoned for any reason or shall have been determined adversely to the Administrative Agent, then and in every such case, the Pledgors, the Administrative Agent and each other Secured Party shall be restored to their respective former positions and
rights hereunder with respect to the Collateral, and all rights, remedies, privileges and powers of the Administrative Agent and the other Secured Parties shall continue as if no such proceeding had been instituted. 

SECTION 9.6. Certain Additional Actions Regarding Intellectual Property. If any Event of Default shall have occurred and be
continuing, upon the written demand of the Administrative Agent, each Pledgor shall execute and deliver to the Administrative Agent an assignment or assignments of the registered Patents, Trademarks and/or Copyrights and Goodwill and such other
documents as are necessary or appropriate to carry out the intent and purposes hereof. Within five (5) Business Days of written notice thereafter from the Administrative Agent, each Pledgor shall make available to the Administrative Agent, to
the extent within such Pledgor’s power and authority, such personnel in such Pledgor’s employ on the date of the Event of Default as the Administrative Agent may reasonably designate to permit such Pledgor to continue, directly or
indirectly, to produce, advertise and sell the products and services sold by such Pledgor under the registered Patents, Trademarks and/or Copyrights, and such persons shall be available to perform their prior functions on the Administrative
Agent’s behalf. 
 ARTICLE X 

APPLICATION OF PROCEEDS 

SECTION 10.1. Application of Proceeds. The proceeds received by the Administrative Agent in respect of any sale of, collection
from or other realization upon all or any part of the Collateral pursuant to the exercise by the Administrative Agent of its remedies shall be applied, together with any other sums then held by the Administrative Agent pursuant to this Agreement, in
accordance with the Credit Agreement. 
  

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 ARTICLE XI 

MISCELLANEOUS 

SECTION 11.1. Concerning Administrative Agent. 

(a) The Administrative Agent has been appointed as administrative agent pursuant to the Credit Agreement. The actions of the
Administrative Agent hereunder are subject to the provisions of the Credit Agreement. The Administrative Agent shall have the right hereunder to make demands, to give notices, to exercise or refrain from exercising any rights, and to take or refrain
from taking action (including the release or substitution of the Collateral), in accordance with this Agreement and the Credit Agreement. The Administrative Agent may employ agents and attorneys-in-fact in connection herewith and shall not be liable
for the negligence or misconduct of any such agents or attorneys-in-fact selected by it in good faith. The Administrative Agent may resign and a successor Administrative Agent may be appointed in the manner provided in the Credit Agreement. Upon the
acceptance of any appointment as the Administrative Agent by a successor Administrative Agent, that successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring
Administrative Agent under this Agreement, and the retiring Administrative Agent shall thereupon be discharged from its duties and obligations under this Agreement. After any retiring Administrative Agent’s resignation, the provisions hereof
shall inure to its benefit as to any actions taken or omitted to be taken by it under this Agreement while it was the Administrative Agent. 

(b) The Administrative Agent shall be deemed to have exercised reasonable care in the custody and preservation of the Collateral in its
possession if such Collateral is accorded treatment substantially equivalent to that which the Administrative Agent, in its individual capacity, accords its own property consisting of similar instruments or interests, it being understood that
neither the Administrative Agent nor any of the Secured Parties shall have responsibility for (i) ascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders or other matters relating to any Securities
Collateral, whether or not the Administrative Agent or any other Secured Party has or is deemed to have knowledge of such matters or (ii) taking any necessary steps to preserve rights against any person with respect to any Collateral.

 (c) The Administrative Agent shall be entitled to rely upon any written notice, statement, certificate, order or other
document or any telephone message believed by it to be genuine and correct and to have been signed, sent or made by the proper person, and, with respect to all matters pertaining to this Agreement and its duties hereunder, upon advice of counsel
selected by it. 
 (d) If any item of Collateral also constitutes collateral granted to the Administrative Agent under any other
deed of trust, mortgage, security agreement, pledge or instrument of any type, in the event of any conflict between the provisions hereof and the provisions of such other deed of trust, mortgage, security agreement, pledge or instrument of any type
in respect of such collateral, the Administrative Agent, in its sole discretion, shall select which provision or provisions shall control. 

(e) The Administrative Agent may rely on advice of counsel as to whether any or all UCC financing statements of the Pledgors need to be
amended as a result of any of the changes described in Section 6.18 of the Credit Agreement. If any Pledgor fails to provide information to the Administrative Agent about such changes on a timely basis, the Administrative Agent shall not
be liable or responsible to any party for any failure to maintain a perfected security interest in such Pledgor’s property constituting Collateral, for which the Administrative Agent needed to have information relating to such changes. The
Administrative Agent shall have no duty to inquire about such changes if any Pledgor does not inform the Administrative Agent of such changes, the parties acknowledging and agreeing that it would not be feasible or practical for the Administrative
Agent to search for information on such changes if such information is not provided by any Pledgor. 
  

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 SECTION 11.2. Administrative Agent May Perform; Administrative Agent Appointed
Attorney-in-Fact. If any Pledgor shall fail to perform any covenants contained in this Agreement or the Credit Agreement (including such Pledgor’s covenants to (i) pay the premiums in respect of all required insurance policies
hereunder, (ii) pay and discharge any taxes, assessments and special assessments, levies, fees and governmental charges imposed upon or assessed against, and landlords’, carriers’, mechanics’, workmen’s, repairmen’s,
laborers’, materialmen’s, suppliers’ and warehousemen’s Liens and other claims arising by operation of law against, all or any portion of the Collateral, (iii) make repairs, (iv) discharge Liens or (v) pay or
perform any obligations of such Pledgor under any Collateral) or if any representation or warranty on the part of any Pledgor contained herein shall be breached beyond any applicable notice or cure period, the Administrative Agent may (but shall not
be obligated to) do the same or cause it to be done or remedy any such breach, and may expend funds for such purpose; provided, however, that the Administrative Agent shall in no event be bound to inquire into the validity of any tax,
Lien, imposition or other obligation which such Pledgor fails to pay or perform as and when required hereby and which such Pledgor does not contest in accordance with the provisions of the Credit Agreement. Any and all amounts so expended by the
Administrative Agent shall be paid by the Pledgors in accordance with the provisions of Section 11.04 of the Credit Agreement. Neither the provisions of this Section 11.2 nor any action taken by the Administrative Agent
pursuant to the provisions of this Section 11.2 shall prevent any such failure to observe any covenant contained in this Agreement nor any breach of representation or warranty from constituting an Event of Default. Each Pledgor hereby
appoints the Administrative Agent its attorney-in-fact, with full power and authority in the place and stead of such Pledgor and in the name of such Pledgor, or otherwise, from time to time in the Administrative Agent’s discretion to take any
action and to execute any instrument consistent with the terms of the Credit Agreement, this Agreement and the other Security Documents which the Administrative Agent may deem necessary or advisable to accomplish the purposes hereof (but the
Administrative Agent shall not be obligated to and shall have no liability to such Pledgor or any third party for failure to so do or take action). The foregoing grant of authority is a power of attorney coupled with an interest and such appointment
shall be irrevocable for the term hereof. Each Pledgor hereby ratifies all that such attorney shall lawfully do or cause to be done by virtue hereof. 

SECTION 11.3. Continuing Security Interest; Assignment. This Agreement shall create a continuing security interest in the
Collateral and shall (i) be binding upon the Pledgors, their respective successors and assigns and (ii) inure, together with the rights and remedies of the Administrative Agent hereunder, to the benefit of the Administrative Agent and the
other Secured Parties and each of their respective successors, transferees and assigns. No other persons (including any other creditor of any Pledgor) shall have any interest herein or any right or benefit with respect hereto. Without limiting the
generality of the foregoing clause (ii), any Secured Party may assign or otherwise transfer any indebtedness held by it secured by this Agreement to any other person, and such other person shall thereupon become vested with all the benefits in
respect thereof granted to such Secured Party, herein or otherwise, subject however, to the provisions of the Credit Agreement and, in the case of a Secured Party that is a party to a Secured Hedge Agreement or a Secured Cash Management Agreements,
such Secured Hedge Agreement or Secured Cash Management Agreement, as applicable. Each of the Pledgors agrees that its obligations hereunder and the security interest created hereunder shall continue to be effective or be reinstated, as applicable,
if at any time payment, or any part thereof, of all or any part of the Secured Obligations is rescinded or must otherwise be restored by the Secured Party upon the bankruptcy or reorganization of any Pledgor or otherwise. 

SECTION 11.4. Termination; Release. Upon termination of the Aggregate Commitments and payment in full of all Secured Obligations
(other than contingent indemnification obligations) and the expiration, Cash Collateralization or termination of all Letters of Credit, this Agreement shall terminate. Upon termination of this Agreement the Collateral shall be released from the Lien
of this Agreement. Upon such release or any release of Collateral or any part thereof in accordance with the provisions of the Credit Agreement, the Administrative Agent shall, upon the request and at the sole cost and expense of the Pledgors,
assign, transfer and deliver to Pledgor, against receipt and without recourse to or warranty by the Administrative Agent except as to the fact that the Administrative Agent has not encumbered the released assets, such of the Collateral or any part
thereof to be released (in the case of a release) as may be in possession of the Administrative Agent and as shall not have been sold or otherwise applied pursuant to the terms hereof, and, with respect to any other Collateral, proper documents and
instruments (including UCC-3 termination financing statements or releases) acknowledging the termination hereof or the release of such Collateral, as the case may be. 

 

 G - 27 

Form of Security Agreement 

 SECTION 11.5. Modification in Writing. No amendment, modification, supplement,
termination or waiver of or to any provision hereof, nor consent to any departure by any Pledgor therefrom, shall be effective unless the same shall be made in accordance with the terms of the Credit Agreement and unless in writing and signed by the
Administrative Agent. Any amendment, modification or supplement of or to any provision hereof, any waiver of any provision hereof and any consent to any departure by any Pledgor from the terms of any provision hereof in each case shall be effective
only in the specific instance and for the specific purpose for which made or given. Except where notice is specifically required by this Agreement or any other document evidencing the Secured Obligations, no notice to or demand on any Pledgor in any
case shall entitle any Pledgor to any other or further notice or demand in similar or other circumstances. 
 SECTION 11.6.
Notices. Unless otherwise provided herein or in the Credit Agreement, any notice or other communication herein required or permitted to be given shall be given in the manner and become effective as set forth in the Credit Agreement, as to any
Pledgor, addressed to it at the address of the Borrower set forth in the Credit Agreement and as to the Administrative Agent, addressed to it at the address set forth in the Credit Agreement, or in each case at such other address as shall be
designated by such party in a written notice to the other party complying as to delivery with the terms of this Section 11.6. 

SECTION 11.7. Governing Law, Consent to Jurisdiction and Service of Process; Waiver of Jury Trial. Sections 11.14 and
11.15 of the Credit Agreement are incorporated herein, mutatis mutandis, as if a part hereof. 
 SECTION 11.8.
Severability of Provisions. Any provision hereof which is invalid, illegal or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without
invalidating the remaining provisions hereof or affecting the validity, legality or enforceability of such provision in any other jurisdiction. 

SECTION 11.9. Execution in Counterparts. This Agreement and any amendments, waivers, consents or supplements hereto may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all such counterparts together shall constitute one and the same
agreement. Delivery of any executed counterpart of a signature page of this Agreement by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart of this Agreement. 

SECTION 11.10. Business Days. In the event any time period or any date provided in this Agreement ends or falls on a day other
than a Business Day, then such time period shall be deemed to end and such date shall be deemed to fall on the next succeeding Business Day, and performance herein may be made on such Business Day, with the same force and effect as if made on such
other day. 
 SECTION 11.11. No Credit for Payment of Taxes or Imposition. Such Pledgor shall not be entitled to any
credit against the principal, premium, if any, or interest payable under the Credit Agreement, and such Pledgor shall not be entitled to any credit against any other sums which may become payable under the terms thereof or hereof, by reason of the
payment of any Tax on the Collateral or any part thereof. 
 SECTION 11.12. No Claims Against Administrative Agent.
Nothing contained in this Agreement shall constitute any consent or request by the Administrative Agent, express or implied, for the performance of any labor or services or the furnishing of any materials or other property in respect of the
Collateral or any part thereof, nor as giving any Pledgor any right, power or authority to contract for or permit the performance of any labor or services or the furnishing of any materials or other property in such fashion as would permit the
making of any claim against the Administrative Agent in respect thereof or any claim that any Lien based on the performance of such labor or services or the furnishing of any such materials or other property is prior to the Lien hereof. 

SECTION 11.13. No Release. Nothing set forth in this Agreement or any other Loan Document, nor the exercise by the Administrative
Agent of any of the rights or remedies hereunder, shall relieve any Pledgor from the performance of any term, covenant, condition or agreement on such Pledgor’s part to be performed or observed under or in respect of any of the Collateral or
from any liability to any person under or in respect of any of the Collateral or shall impose any obligation on the Administrative Agent or any other Secured Party to perform 

 

 G - 28 

Form of Security Agreement 

 
or observe any such term, covenant, condition or agreement on such Pledgor’s part to be so performed or observed or shall impose any liability on the Administrative Agent or any other
Secured Party for any act or omission on the part of such Pledgor relating thereto or for any breach of any representation or warranty on the part of such Pledgor contained in this Agreement, the Credit Agreement or the other Loan Documents, or
under or in respect of the Collateral or made in connection herewith or therewith. Anything herein to the contrary notwithstanding, neither the Administrative Agent nor any other Secured Party shall have any obligation or liability under any
contracts, agreements and other documents included in the Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be obligated to perform any of the obligations or duties of any Pledgor thereunder or to
take any action to collect or enforce any such contract, agreement or other document included in the Collateral hereunder. 

SECTION 11.14. Obligations Absolute. All obligations of each Pledgor hereunder shall be absolute and unconditional irrespective
of: 
 (i) any bankruptcy, insolvency, reorganization, arrangement, readjustment, composition, liquidation or the
like of any other Pledgor; 
 (ii) any lack of validity or enforceability of the Credit Agreement, any Secured
Hedge Agreement, any Secured Cash Management Agreement or any other Loan Document, or any other agreement or instrument relating thereto; 

(iii) any change in the time, manner or place of payment of, or in any other term of, all or any of the Secured
Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, any Secured Hedge Agreement, Secured Cash Management Agreement or any other Loan Document or any other agreement or instrument relating
thereto; 
 (iv) any pledge, exchange, release or non-perfection of any other collateral, or any release or
amendment or waiver of or consent to any departure from any guarantee, for all or any of the Secured Obligations; 

(v) any exercise, non-exercise or waiver of any right, remedy, power or privilege under or in respect hereof, the Credit
Agreement, any Secured Hedge Agreement, any Secured Cash Management Agreement or any other Loan Document except as specifically set forth in a waiver granted pursuant to the provisions of Section 11.5 hereof; or 

(vi) any other circumstances which might otherwise constitute a defense available to, or a discharge of, any Pledgor.

 [REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK.] 

 

 G - 29 

Form of Security Agreement 

 IN WITNESS WHEREOF, each Pledgor and the Administrative Agent have caused this Agreement to
be duly executed and delivered by their duly authorized officers as of the date first above written. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION,
	
	as Pledgor
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 SAVVIS, INC.,
  

as Pledgor

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 SAVVIS Communications International, Inc.,
  

as Pledgor

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 SAVVIS Canada, Inc.,
  

as Pledgor

		
	By:	 	  

	Name:	 	
	Title:	 	
	
	 SAVVIS Federal Systems, Inc.,
  

as Pledgor

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 30 

Form of Security Agreement 

			
	 BANK OF AMERICA, N.A.,

as Administrative Agent

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 31 

Form of Security Agreement 

 EXHIBIT 1 

[Form of] 

ISSUER’S ACKNOWLEDGMENT 

The undersigned hereby (i) acknowledges receipt of the Security Agreement (as amended, amended and restated, supplemented or
otherwise modified from time to time, the “Security Agreement;” capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of August 4, 2010, made
by SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), the Guarantors party thereto and BANK OF AMERICA, N.A., as administrative agent (in
such capacity and together with any successors in such capacity, the “Administrative Agent”), (ii) agrees promptly to note on its books the security interests granted to the Administrative Agent and confirmed under the Security
Agreement, (iii) agrees that it will comply with instructions of the Administrative Agent with respect to the applicable Securities Collateral (including all Equity Interests of the undersigned) without further consent by the applicable
Pledgor, (iv) agrees to notify the Administrative Agent upon obtaining knowledge of any interest in favor of any person in the applicable Securities Collateral that is adverse to the interest of the Administrative Agent therein and
(v) waives any right or requirement at any time hereafter to receive a copy of the Security Agreement in connection with the registration of any Securities Collateral thereunder in the name of the Administrative Agent or its nominee or the
exercise of voting rights by the Administrative Agent or its nominee. 
  

			
	[                           
             ]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 32 

Form of Security Agreement 

 EXHIBIT 2 

[Form of] 

SECURITIES PLEDGE AMENDMENT 

This Securities Pledge Amendment, dated as of [            ], 2010, is
delivered pursuant to Section 5.1 of the Security Agreement (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement;” capitalized terms used but not otherwise
defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of August 4, 2010, made by SAVVIS COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware
corporation (“Holdings”), the Guarantors party thereto and BANK OF AMERICA, N.A., as administrative agent (in such capacity and together with any successors in such capacity, the “Administrative Agent”). The
undersigned hereby agrees that this Securities Pledge Amendment may be attached to the Security Agreement and that the Pledged Securities and/or Intercompany Notes listed on this Securities Pledge Amendment shall be deemed to be and shall become
part of the Collateral and shall secure all Secured Obligations. 
 PLEDGED SECURITIES 

 

											
	 ISSUER
	 	CLASS
OF
STOCK
OR
INTERESTS	 	PAR
VALUE	 	CERTIFICATE
NO(S).	 	NUMBER 
OF
SHARES
OR
INTERESTS	 	PERCENTAGE OF
ALL ISSUED CAPITAL

OR OTHER EQUITY
INTERESTS OF ISSUER

  

 G - 33 

Form of Security Agreement 

 INTERCOMPANY NOTES 

 

									
	 ISSUER
	 	PRINCIPAL
AMOUNT	 	DATE OF
ISSUANCE	 	INTEREST
RATE	 	MATURITY
DATE

 

			
	[                           
             ],
	
	as Pledgor
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	AGREED TO AND ACCEPTED:
	
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 34 

Form of Security Agreement 

 EXHIBIT 3 

[Form of] 

JOINDER AGREEMENT 

[Name of New Pledgor] 

[Address of New Pledgor] 
 [Date]

                         
                

                         
                

                         
                
 Ladies and Gentlemen: 

Reference is made to (i) the Security Agreement (as amended, amended and restated, supplemented or otherwise modified from time to
time, the “Security Agreement;” capitalized terms used but not otherwise defined herein shall have the meanings assigned to such terms in the Security Agreement), dated as of August 4, 2010, made by SAVVIS COMMUNICATIONS
CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), the Guarantors party thereto and BANK OF AMERICA, N.A., as administrative agent (in such capacity and together
with any successors in such capacity, the “Administrative Agent”) and (ii) the Guaranty Agreement (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Guaranty”), dated
as of August 4, 2010, made by the Guarantors party thereto. 
 This Joinder Agreement supplements (i) the Security
Agreement and (ii) the Guaranty, and is delivered by the undersigned, [                    ] (the “New Pledgor”), pursuant to
Section 3.5 of the Security Agreement and Section 6.12(b) of the Credit Agreement. The New Pledgor hereby agrees to be bound as a Guarantor and as a Pledgor party to the Security Agreement by all of the terms, covenants and
conditions set forth in the Security Agreement to the same extent that it would have been bound if it had been a signatory to the Security Agreement on the date of the Security Agreement. The New Pledgor also hereby agrees to be bound as a party by
all of the terms, covenants and conditions applicable to it set forth in the Guaranty as to the same extent that it would have been bound if it had been a signatory to the Guaranty on the date of the Guaranty. Without limiting the generality of the
foregoing, the New Pledgor hereby (i) grants and pledges to the Administrative Agent, as collateral security for the full, prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the
Secured Obligations, a Lien on and security interest in, all of its right, title and interest in, to and under the Collateral and expressly assumes all obligations and liabilities of a Guarantor and Pledgor thereunder and (ii) absolutely,
unconditionally, irrevocably, jointly and severally guarantees, as a guaranty of payment and performance, as a primary obligor and not as a surety, and not merely as a guaranty of collection, prompt payment when due, whether at stated maturity, by
required prepayment, upon acceleration, demand or otherwise, and at all times thereafter, of any and all of the Secured Obligations. The New Pledgor hereby makes each of the representations and warranties and agrees to each of the covenants
applicable to the Pledgors contained in the Security Agreement and the Credit Agreement. 
 Annexed hereto are supplements to
each of the schedules to the Security Agreement and the Credit Agreement, as applicable, with respect to the New Pledgor. Such supplements shall be deemed to be part of the Security Agreement or the Credit Agreement, as applicable. 

 

 G - 35 

Form of Security Agreement 

 This Joinder Agreement and any amendments, waivers, consents or supplements hereto may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed and delivered shall be deemed to be an original, but all such counterparts together shall constitute one and the same
agreement. 
 All notices, requests and demands to or upon the New Pledgor, the Administrative Agent or any Lender shall be
governed by the terms of Section 11.02 of the Credit Agreement. 
 THIS JOINDER AGREEMENT SHALL BE GOVERNED BY, AND
SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
  

 G - 36 

Form of Security Agreement 

 IN WITNESS WHEREOF, the New Pledgor has caused this Joinder Agreement to be executed and
delivered by its duly authorized officer as of the date first above written. 
  

			
	[NEW PLEDGOR]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	AGREED TO AND ACCEPTED:
	
	BANK OF AMERICA, N.A.,
	as Administrative Agent
		
	By:	 	  

	Name:	 	
	Title:	 	

 [Schedules to be attached] 

 

 G - 37 

Form of Security Agreement 

 EXHIBIT 4 

[Form of] 

Copyright Security Agreement 

Copyright Security Agreement, dated as of [             , 2010,
by [                    ] and
[                    ] (individually, a “Pledgor”, and, collectively, the “Pledgors”), in favor of BANK OF
AMERICA, N.A., in its capacity as administrative agent pursuant to the Credit Agreement (in such capacity, the “Administrative Agent”). 

W I T N
E S S E T H:

 WHEREAS, the Pledgors are party to a Security Agreement of even date herewith (as amended, amended and
restated, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Administrative Agent pursuant to which the Pledgors are required to execute and deliver this Copyright Security Agreement;

 NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent, for
the benefit of the Secured Parties, to enter into the Credit Agreement, the Pledgors hereby agree with the Administrative Agent as follows: 

SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the
meaning given to them in the Security Agreement. 
 SECTION 2. Grant of Security Interest in Copyright Collateral. Each
Pledgor hereby pledges and grants to the Administrative Agent for the benefit of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the following Collateral of such Pledgor:

 (a) Copyrights of such Pledgor listed on Schedule I attached hereto; and 

(b) all Proceeds of any and all of the foregoing (other than Excluded Property). 

SECTION 3. Security Agreement. The security interest granted pursuant to this Copyright Security Agreement is granted in
conjunction with the security interest granted to the Administrative Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that the rights and remedies of the Administrative Agent with respect to the security interest
in the Copyrights made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Copyright
Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control unless the Administrative Agent shall otherwise determine. 

SECTION 4. Termination. Upon the payment in full of the Secured Obligations and termination of the Security Agreement, the
Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable form releasing the collateral pledge, grant, assignment, lien and security interest in the Copyrights under this Copyright Security
Agreement. 
 SECTION 5. Counterparts. This Copyright Security Agreement may be executed in any number of counterparts,
all of which shall constitute one and the same instrument, and any party hereto may execute this Copyright Security Agreement by signing and delivering one or more counterparts. 

SECTION 6. Governing Law. This Copyright Security Agreement and the transactions contemplated hereby, and all disputes between the
parties under or relating to this Copyright Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of
limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction. 
  

 G - 38 

Form of Security Agreement 

 [signature page follows] 

 

 G - 39 

Form of Security Agreement 

 IN WITNESS WHEREOF, each Pledgor has caused
this Copyright Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 
  

			
	Very truly yours,
	
	[PLEDGORS]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	Accepted and Agreed:
	
	 BANK OF AMERICA, N.A.,

as Administrative Agent

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 40 

Form of Security Agreement 

 SCHEDULE I 

to 
 COPYRIGHT
SECURITY AGREEMENT 
 COPYRIGHT REGISTRATIONS AND COPYRIGHT APPLICATIONS 

Copyright Registrations: 
  

					
	OWNER	 	 REGISTRATION

NUMBER
	 	TITLE
	
    
	 	 	 	 

Copyright Applications: 
  

			
	OWNER	 	TITLE
	
    
	 	 

  

 G - 41 

Form of Security Agreement 

 EXHIBIT 5 

[Form of] 

Patent Security Agreement 

Patent Security Agreement, dated as of [            ], 2010, by
[                ] and [                ] (individually, a
“Pledgor”, and, collectively, the “Pledgors”), in favor of BANK OF AMERICA, N.A., in its capacity as administrative agent pursuant to the Credit Agreement (in such capacity, the “Administrative
Agent”). 
 W I T
N E S S E T
H: 
 WHEREAS, the Pledgors are party to a Security Agreement of even
date herewith (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Administrative Agent pursuant to which the Pledgors are required to execute and deliver
this Patent Security Agreement; 
 NOW, THEREFORE, in consideration of the premises and to induce
the Administrative Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement, the Pledgors hereby agree with the Administrative Agent as follows: 

SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the
meaning given to them in the Security Agreement. 
 SECTION 2. Grant of Security Interest in Patent Collateral. Each
Pledgor hereby pledges and grants to the Administrative Agent for the benefit of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the following Collateral of such Pledgor:

 (a) Patents of such Pledgor listed on Schedule I attached hereto; and 

(b) all Proceeds of any and all of the foregoing (other than Excluded Property). 

SECTION 3. Security Agreement. The security interest granted pursuant to this Patent Security Agreement is granted in conjunction
with the security interest granted to the Administrative Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that the rights and remedies of the Administrative Agent with respect to the security interest in the
Patents made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Patent Security
Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control unless the Administrative Agent shall otherwise determine. 

SECTION 4. Termination. Upon the payment in full of the Secured Obligations and termination of the Security Agreement, the
Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable form releasing the collateral pledge, grant, assignment, lien and security interest in the Patents under this Patent Security
Agreement. 
 SECTION 5. Counterparts. This Patent Security Agreement may be executed in any number of counterparts, all
of which shall constitute one and the same instrument, and any party hereto may execute this Patent Security Agreement by signing and delivering one or more counterparts. 

SECTION 6. Governing Law. This Patent Security Agreement and the transactions contemplated hereby, and all disputes between the
parties under or relating to this Patent Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with and governed by the laws (including statutes of
limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction. 
  

 G - 42 

Form of Security Agreement 

 [signature page follows] 

 

 G - 43 

Form of Security Agreement 

 IN WITNESS WHEREOF, each Pledgor has caused
this Patent Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 
  

			
	Very truly yours,
	
	[PLEDGORS]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	Accepted and Agreed:
	
	 BANK OF AMERICA, N.A.,

as Administrative Agent

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 44 

Form of Security Agreement 

 SCHEDULE I 

to 
 PATENT
SECURITY AGREEMENT 
 PATENT REGISTRATIONS AND PATENT APPLICATIONS 

Patent Registrations: 
  

					
	OWNER	  	
REGISTRATION                    

NUMBER                    

	  	NAME           
         
	    	  	 	  	 

Patent Applications: 
  

					
	OWNER	  	
APPLICATION                    

NUMBER                    

	  	NAME           
         
	
    
	  	 	  	 

  

 G - 45 

Form of Security Agreement 

 EXHIBIT 6 

[Form of] 

Trademark Security Agreement 

Trademark Security Agreement, dated as of [            ], 2010, by
[                    ] and
[                    ] (individually, a “Pledgor”, and, collectively, the “Pledgors”), in favor of BANK OF
AMERICA, N.A., in its capacity as administrative agent pursuant to the Credit Agreement (in such capacity, the “Administrative Agent”). 

W I T N
E S S E T H:

 WHEREAS, the Pledgors are party to a Security Agreement of even date herewith (as amended, amended and
restated, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Administrative Agent pursuant to which the Pledgors are required to execute and deliver this Trademark Security Agreement;

 NOW, THEREFORE, in consideration of the premises and to induce the Administrative Agent, for
the benefit of the Secured Parties, to enter into the Credit Agreement, the Pledgors hereby agree with the Administrative Agent as follows: 

SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the
meaning given to them in the Security Agreement. 
 SECTION 2. Grant of Security Interest in Trademark Collateral. Each
Pledgor hereby pledges and grants to the Administrative Agent for the benefit of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the following Collateral of such Pledgor:

 (a) Trademarks of such Pledgor listed on Schedule I attached hereto; 

(b) all Goodwill associated with such Trademarks; and 

(c) all Proceeds of any and all of the foregoing (other than Excluded Property). 

SECTION 3. Security Agreement. The security interest granted pursuant to this Trademark Security Agreement is granted in
conjunction with the security interest granted to the Administrative Agent pursuant to the Security Agreement and Pledgors hereby acknowledge and affirm that the rights and remedies of the Administrative Agent with respect to the security interest
in the Trademarks made and granted hereby are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Trademark
Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control unless the Administrative Agent shall otherwise determine. 

SECTION 4. Termination. Upon the payment in full of the Secured Obligations and termination of the Security Agreement, the
Administrative Agent shall execute, acknowledge, and deliver to the Pledgors an instrument in writing in recordable form releasing the collateral pledge, grant, assignment, lien and security interest in the Trademarks under this Trademark Security
Agreement. 
 SECTION 5. Counterparts. This Trademark Security Agreement may be executed in any number of counterparts,
all of which shall constitute one and the same instrument, and any party hereto may execute this Trademark Security Agreement by signing and delivering one or more counterparts. 

 

 G - 46 

Form of Security Agreement 

 SECTION 6. Governing Law. This Trademark Security Agreement and the transactions
contemplated hereby, and all disputes between the parties under or relating to this Trademark Security Agreement or the facts or circumstances leading to its execution, whether in contract, tort or otherwise, shall be construed in accordance with
and governed by the laws (including statutes of limitation) of the State of New York, without regard to conflicts of law principles that would require the application of the laws of another jurisdiction. 

[signature page follows] 
  

 G - 47 

Form of Security Agreement 

 IN WITNESS WHEREOF, each Pledgor has caused
this Trademark Security Agreement to be executed and delivered by its duly authorized officer as of the date first set forth above. 
  

			
	Very truly yours,
	
	[PLEDGORS]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

			
	Accepted and Agreed:
	
	 BANK OF AMERICA, N.A.,

as Administrative Agent

		
	By:	 	  

	Name:	 	
	Title:	 	

  

 G - 48 

Form of Security Agreement 

 SCHEDULE I 

to 
 TRADEMARK
SECURITY AGREEMENT 
 TRADEMARK REGISTRATIONS AND TRADEMARK APPLICATIONS 

Trademark Registrations: 
  

							
	OWNER	  	 REGISTRATION

NUMBER
	  	  	  	TRADEMARK          
      
	    	  	 	  	 	  	 

Trademark Applications: 
  

							
	OWNER	  	 APPLICATION

NUMBER
	  	  	  	TRADEMARK          
  
	    	  	 	  	 	  	 

  

 G - 49 

Form of Security Agreement 

 EXHIBIT 7 

FORM OF NOTICE TO BAILEE OF SECURITY INTEREST IN INVENTORY 

CERTIFIED MAIL — RETURN RECEIPT REQUESTED 

[                ], 20[    ]

  

	TO:	[Bailee’s Name] 

[Bailee’s Address] 

Re: SAVVIS Communications Corporation 

Ladies and Gentlemen: 
 In
connection with that certain Security Agreement, dated as of August 4, 2010 (the “Security Agreement”), made by SAVVIS Communications Corporation, a Missouri corporation (the “Borrower”), SAVVIS, Inc., a
Delaware corporation (“Holdings”), (the Guarantors party thereto and Bank of America, N.A., as Administrative Agent (“Bank of America”), we have granted to Bank of America a security interest in substantially all of
our personal property, including our inventory. 
 This letter constitutes notice to you, and your signature below will
constitute your acknowledgment, of Bank of America’s continuing first priority security interest in all goods with respect to which you are acting as bailee. Until you are notified in writing to the contrary by Bank of America, however, you may
continue to accept instructions from us regarding the delivery of goods stored by you. 
 Your acknowledgment also constitutes a waiver and
release, for Bank of America’s benefit, of any and all claims, liens, including bailee’s liens, and demands of every kind which you have or may later have against such goods (including any right to include such goods in any secured
financing to which you may become party). 
 In order to complete our records, kindly have a duplicate of this letter signed by
an officer of your company and return same to us at your earliest convenience. 
  

									
	Receipt acknowledged, confirmed and approved:	 		 	Very truly yours,
			
	[BAILEE]	 		 	[APPLICABLE PLEDGOR]
					
	By:	 	  
	 		 	By:	 	  

	Name:	 		 		 	Name:	 	
	Title:	 		 		 	Title:	 	
					
	cc:	 	Bank of America, N.A.	 		 		 	

  

 G - 50 

Form of Security Agreement 

 EXHIBIT H-1 

FORM OF PERFECTION CERTIFICATE 

Reference is hereby made to (i) that certain Security Agreement dated as of August 4, 2010 (the “Security
Agreement”), between SAVVIS Communications Corporation., a Missouri corporation (the “Borrower”), SAVVIS, Inc., a Delaware corporation (“Holdings”), the Guarantors party thereto (collectively, the
“Guarantors”) and the Collateral Agent (as hereinafter defined) and (ii) that certain Credit Agreement dated as of August 4, 2010 (the “Credit Agreement”) among the Borrower, Holdings, the Guarantors,
certain other parties thereto and Bank of America, N.A., as Collateral Agent (in such capacity, the “Collateral Agent”). Capitalized terms used but not defined herein have the meanings assigned in the Credit Agreement. 

As used herein, the term “Companies” means Holdings, the Borrower and each of its Subsidiaries. 

The undersigned hereby certify to the Collateral Agent as follows: 

1. Names. 

(a) The exact legal name of each Company, as such name appears in its respective certificate of incorporation or any
other organizational document, is set forth in Schedule 1(a). Each Company is (i) the type of entity disclosed next to its name in Schedule 1(a) and (ii) a registered organization except to the extent disclosed in
Schedule 1(a). Also set forth in Schedule 1(a) is the organizational identification number, if any, of each Company that is a registered organization, the Federal Taxpayer Identification Number of each Company and the jurisdiction of formation of
each Company. 
 (b) Set forth in Schedule 1(b) hereto is a list of any other corporate or organizational
names each Company has had in the past five years, together with the date of the relevant change. 
 (c) Set forth in
Schedule 1(c) is a list of all other names used by each Company, or any other business or organization to which each Company became the successor by merger, consolidation, acquisition, change in form, nature or jurisdiction of
organization or otherwise, on any filings with the Internal Revenue Service at any time within the five years preceding the date hereof. Except as set forth in Schedule 1(c), no Company has changed its jurisdiction of organization at
any time during the past four months. 
 2. Current Locations. The chief executive office of each Company is located at
the address set forth in Schedule 2 hereto. 
 3. Extraordinary Transactions. Except for those purchases,
acquisitions and other transactions described in Schedule 3 attached hereto and other immaterial transactions, all of the Collateral acquired in the past 5 years has been originated by each Company in the ordinary course of business or
consists of goods which have been acquired by such Company in the ordinary course of business from a person in the business of selling goods of that kind. 

4. Real Property. (a) Attached hereto as Schedule 4 is a list of all (i) real property owned, leased or
otherwise held by each Company located in the United States as of the Closing Date, (ii) real property to be encumbered by a Mortgage and fixture filing, which real property includes (such real property, the “Mortgaged Property”),
(iii) common names, addresses and uses of each Mortgaged Property (stating improvements located thereon) and (iv) other information relating thereto required by such Schedule. 

5. Stock Ownership and Other Equity Interests. Attached hereto as Schedule 5(a) is a true and correct list of each
of all of the authorized, and the issued and outstanding, stock, partnership interests, limited liability company membership interests or other equity interest of each Company and its Subsidiaries and the record and beneficial owners of such stock,
partnership interests, membership interests or other equity interests setting forth the percentage of such equity interests pledged under the Security Agreement. Also set forth in Schedule 5(b) is each equity investment of each Company
that represents 50% or less of the equity of the entity in which such investment was made setting forth the percentage of such equity interests pledged under the Security Agreement. 

 

 H-1 - 1 

Form of Perfection Certificate 

 6. Instruments and Tangible Chattel Paper. Attached hereto as Schedule
6 is a true and correct list of all promissory notes, instruments (other than checks to be deposited in the ordinary course of business), tangible chattel paper, electronic chattel paper and other evidence of indebtedness held by each
Company as of the date hereof, including all intercompany notes between or among any two or more Companies or any of their Subsidiaries. 

7. Intellectual Property. (a) Attached hereto as Schedule 7(a) is a schedule setting forth all of each
Company’s Patents and Trademarks (each as defined in the Security Agreement) applied for, issued or registered with the United States Patent and Trademark Office, and all other U.S. Patents and U.S. Trademarks (each as defined in the Security
Agreement), including the name of the registered owner or applicant and the registration, application, or publication number, as applicable, of each Patent or Trademark owned by each Company. 

(b) Attached hereto as Schedule 7(b) is a schedule setting forth all of each Company’s registered United States
Copyrights (each as defined in the Security Agreement), including the name of the registered owner and the registration number of each Copyright owned by each Company. 

(c) Attached hereto as Schedule 7(c) is a schedule setting forth all Patent Licenses, Trademark Licenses and Copyright
Licenses, whether or not recorded with the USPTO or USCO, as applicable, including, but not limited to, the relevant signatory parties to each license along with the date of execution thereof and, if applicable, a recordation number or other such
evidence of recordation. 
 8. Commercial Tort Claims. Attached hereto as Schedule 8 is a true and correct
list of all Commercial Tort Claims (as defined in the Security Agreement) known, based on facts and circumstances known to the Companies as of the date hereof without investigation, to be held by each Company, including a brief description thereof.

 9. Deposit Accounts, Securities Accounts and Commodity Accounts. Attached hereto as Schedule 9 is a true
and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Company, including the name of each institution where each such account is held, the name of each
such account, the name of each entity that holds each account. 
 10. Letter-of-Credit Rights. Attached hereto as
Schedule 10 is a true and correct list of all Letters of Credit issued in favor of each Company, as beneficiary thereunder. 

11. Insurance. Attached hereto as Schedule 11 is a copy of the insurance certificate with a true and correct list of
all insurance policies of the Companies. 
 12. Other Collateral. Attached hereto as Schedule 12 is a true
and correct list of all of the following types of collateral, if any, owned or held by each Company: (a) all agreements and contracts with any U.S. Governmental Authority, (b) all FCC licenses, (c) all aircraft and airplanes,
(d) all ships and boats vessels, (e) all rolling stock and trains, (f) all oil, gas, minerals and as extracted collateral and personal property including leasehold improvements and equipment. 

[The Remainder of this Page has been intentionally left blank] 

 

 H-1 - 2 

Form of Perfection Certificate 

 IN WITNESS WHEREOF, we have hereunto signed this Perfection Certificate as of this
     day of             , 2010. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	SAVVIS INC.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	[Each of the Guarantors]
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 H-1 - 3 

Form of Perfection Certificate 

 Schedule 1(a) 

Legal Names, Etc. 
  

											
	 Legal

Name
	 	 Type
of                

Entity                
	 	
Registered            

Organization            

(Yes/No)            
	  	Organizational           
 
Number17        	  	Federal       
     
Taxpayer            
Identification Number                
	  	State
of            
Formation            
	 		 		 	 
	 	 		 	 	  		  	 	  	 
	 	 	 	 	 	 
	 	 	 	 	 	  	 	  	 	  	 
	 		 		 	 
	 	 	 	 	 	  	 	  	 	  	 

 

	17	 If none, so state.

  

 H-1 - 4 

Form of Perfection Certificate 

 Schedule 2 

Chief Executive Offices 
  

							
	Company/Subsidiary	 	Address            	 	County              
  	  	State           
     
	  	 	  	 	  	  	  
	  	 	  	 	  	  	  
	  	 	  	 	  	  	  
	  	 	  	 	  	  	  
	  	 	  	 	  	  	  
	  	 	  	 	  	  	  

  

 H-1 - 5 

Form of Perfection Certificate 

 Schedule 3 

Transactions Other Than in the Ordinary Course of Business 

 

					
	Company/Subsidiary	 	Description of Transaction Including 
Parties Thereto	 	Date of
Transaction
	 	 	 
	 	 	 	 	 
	 	 	 
	 	 	 	 	 
	 	 	 	 	 

  

 H-1 - 6 

Form of Perfection Certificate 

 Schedule 4a) 

Real Property 

I. Owned Real Property 
  

															
	 Entity of

Record
	 	
Common

Name and
Address
	 	
Purpose/

Use
	 	Improvements
Located in
Real
Property	 	
Approximate
Square

Footage
	 	
Legal

Description (if
Encumbered by
Mortgage and/or
Fixture Filing)
	 	
To be
Encumbered

by Mortgage

and Fixture

Filing
	 	
Option to
Purchase/

Right of First
Refusal

	
[    ]
	 	 [    ]

[COUNTY, STATE]
	 	[    ]	 	[    ]	 	[    ]	 	[See Schedule A to Mortgage and/or fixture filing encumbering this property.]	 	[YES/NO]	 	[YES/NO]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

II. Leased or Other Interests in Real Property 

 

																					
	 Entity
of  
Record  
	 	
Common
Name and
Address
	 	
Landlord /
Owner
	 	
Description of  
Lease or Other  
Documents  
Evidencing  

Interest
	 	
Purpose/

Use
	 	
Improvements  
Located in
Real Property  
	 	
Approximate 
Square
Footage
	 	
Legal
Description (if
Encumbered by
Mortgage and/or 
Fixture Filing)
	 	
To be
Encumbered
by Mortgage
	 	
To be
Encumbered
by Fixture
Filing
	 	
Option to
Purchase/
Right of First
Refusal

	[    ]	 	 [    ]

[COUNTY, STATE]
	 	[    ]	 	[    ]	 	[    ]	 	[    ]	 	[    ]	 	[See Schedule A to Mortgage and/or fixture filing encumbering this property.]	 	[YES/NO]	 	[YES/NO]	 	[YES/NO]
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

  

 H-1 - 7 

Form of Perfection Certificate 

 Schedule 5 

(a) Equity Interests of Companies and Subsidiaries 

 

									
	
Current Legal

Entities Owned
	 	Record Owner        	 	Certificate No.            
	  	No. Shares/Interest           
 	  	Percent Pledged        
    
	 	 	 	 	 	  	 	  	 
	 	 	 	 	 
	 	 	 	 	 	  	 	  	 
	 	 	 	 	 
	 	 	 	 	 	  	 	  	 
	 	 	 	 	 	  	 	  	 

(b) Other Equity Interests 
  

									
	 Current Legal

Entities Owned
	 	Record
Owner        	 	Certificate No.	  	No. Shares/Interest    
        	  	Percent
Pledged            
	 	 	 	 	 
	 	 	 	 	 	  	 	  	 
	 	 	 	 	 
	 	 	 	 	 	  	 	  	 
	 	 	 	 	 
	 	 	 	 	 	  	 	  	 
	 	 	 	 	 	  	 	  	 

  

 H-1 - 8 

Form of Perfection Certificate 

 Schedule 6 

Instruments and Tangible Chattel Paper 
  

	1.	Promissory Notes: 

  

											
	Entity	 	
Principal        

Amount        
	 	
Date of        

Issuance        
	  	Interest Rate      
      	  	Maturity        
    
Date            	  	
Pledged            

[Yes/No]            

	 	 	 	 	 	 
	 	 	 	 	 	  	 	  	 	  	 
	 	 	 	 	 	 
	 	 	 	 	 	  	 	  	 	  	 
	 	 	 	 	 	  	 	  	 	  	 

  

	2.	Chattel Paper: 

  

			
	 Description
	  	
Pledged

[Yes/No]

	 	 
	 	  	 
	 	 
	 	  	 
	 	  	 

  

 H-1 - 9 

Form of Perfection Certificate 

 Schedule 7a) 

Patents and Trademarks 

UNITED STATES PATENTS: 
 Registrations:

  

					
	 OWNER
	    	 REGISTRATION
NUMBER
	 	 DESCRIPTION

		    		 	
		    		 	
		    		 	

 Applications: 
  

					
	 OWNER
	    	 APPLICATION
NUMBER
	 	 DESCRIPTION

		    		 	
		    		 	
		    		 	

 Licenses: 
  

							
	 LICENSEE
	 	 LICENSOR
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 DESCRIPTION

		 		 		 	
		 		 		 	
		 		 		 	

 OTHER PATENTS: 

Registrations: 
  

							
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 COUNTRY/STATE
	 	 DESCRIPTION

		 		 		 	
		 		 		 	
		 		 		 	

 Applications: 
  

							
	 OWNER
	 	 APPLICATION

NUMBER
	 	 COUNTRY/STATE
	 	 DESCRIPTION

		 		 		 	
		 		 		 	
		 		 		 	

  

 H-1 - 10 

Form of Perfection Certificate 

 Licenses: 
  

									
	 LICENSEE
	 	 LICENSOR
	 	 COUNTRY/STATE
	 	 REGISTRATION/
APPLICATION

NUMBER
	 	 DESCRIPTION

UNITED STATES TRADEMARKS: 

Registrations: 
  

					
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 TRADEMARK

Applications: 
  

					
	 OWNER
	 	 APPLICATION

NUMBER
	 	 TRADEMARK

Licenses: 
  

							
	 LICENSEE
	 	 LICENSOR
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 TRADEMARK

OTHER TRADEMARKS: 
 Registrations:

  

							
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 COUNTRY/STATE
	 	 TRADEMARK

 

 H-1 - 11 

Form of Perfection Certificate 

 Applications: 
  

							
	 OWNER
	 	 APPLICATION

NUMBER
	 	 COUNTRY/STATE
	 	 TRADEMARK

Licenses: 
  

									
	 LICENSEE
	 	 LICENSOR
	 	 COUNTRY/STATE
	 	 REGISTRATION/
APPLICATION

NUMBER
	 	 TRADEMARK

 

 H-1 - 12 

Form of Perfection Certificate 

 Schedule 7b) 

Copyrights 

UNITED STATES COPYRIGHTS 
 Registrations:

  

					
	 OWNER
	 	 TITLE
	 	 REGISTRATION NUMBER

Applications: 
  

			
	 OWNER
	 	 APPLICATION NUMBER

Licenses: 
  

							
	 LICENSEE
	 	 LICENSOR
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 DESCRIPTION

OTHER COPYRIGHTS 
 Registrations:

  

							
	 OWNER
	 	 COUNTRY/STATE
	 	 TITLE
	 	 REGISTRATION NUMBER

Applications: 
  

					
	 OWNER
	 	 COUNTRY/STATE
	 	 APPLICATION NUMBER

Licenses: 
  

									
	 LICENSEE
	 	 LICENSOR
	 	 COUNTRY/STATE
	 	 REGISTRATION/
APPLICATION

NUMBER
	 	 DESCRIPTION

 

 H-1 - 13 

Form of Perfection Certificate 

 Schedule 7c) 

Intellectual Property Filings 
  

 H-1 - 14 

Form of Perfection Certificate 

 Schedule 8 

Commercial Tort Claims 
  

			
	Description	  	
Pledged            

[Yes/No]            

	 	  	 
	 	  	 
	 	  	 

  

 H-1 - 15 

Form of Perfection Certificate 

 Schedule 9 

Deposit Accounts 
  

											
	 Owner
	 	 Type Of Account
	 	 Bank
	 	 Account Numbers
	 	 Subject to

control

agreement?

[Yes/No]
	 	 Reason for

Exclusion

from

Control

Requirement

Securities Accounts 
  

											
	 Owner
	 	 Type Of Account
	 	 Intermediary
	 	 Account Numbers
	 	 Subject to

control

agreement?

[Yes/No]
	 	 Reason for

Exclusion

from

Control

Requirement

Commodity Accounts 
  

											
	 Owner
	 	 Type Of Account
	 	 Intermediary
	 	 Account Numbers
	 	 Subject to

control

agreement?

[Yes/No]
	 	 Reason for

Exclusion

from

Control

Requirement

  

 H-1 - 16 

Form of Perfection Certificate 

 Schedule 10 

Letter of Credit Rights 
  

											
	Issuer	 	Beneficiary	 	
Principal        

Amount        
	  	 Date
of        

Issuance        
	  	
Maturity        

Date        
	  	 Subject
to        

Control        
Requirement        

[Yes/No]        

	 	 	 	 	 	  	 	  	 	  	 
	 	 	 	 	 	  	 	  	 	  	 

  

 H-1 - 17 

Form of Perfection Certificate 

 Schedule 11 

Insurance 
  

 H-1 - 18 

Form of Perfection Certificate 

 Schedule 12 

Other Collateral 

(a) Agreements and Contracts with Governmental Authorities 
  

			
	Description	 	
Pledged            

[Yes/No]            

	 	 	 
	 	 	 
	 	 	 

(b) FCC Licenses 
  

			
	Description	 	
Pledged            

[Yes/No]            

	 	 	 
	 	 	 
	 	 	 

(c) Aircraft and Airplanes 
  

			
	Description	 	
Pledged            

[Yes/No]            

	 	 	 
	 	 	 
	 	 	 

(d) Ships, Boats and Vessels 
  

			
	Description	 	
Pledged            

[Yes/No]            

	 	 	 
	 	 	 
	 	 	 

  

 H-1 - 19 

Form of Perfection Certificate 

 (e) Rolling Stock And Trains 

 

			
	Description	 	
Pledged            

[Yes/No]            

	 	 	 
	 	 	 
	 	 	 

(f) Oil, Gas, Minerals and As Extracted Collateral 
  

			
	Description	 	
Pledged            

[Yes/No]            

	 	 	 
	 	 	 
	 	 	 

  

 H-1 - 20 

Form of Perfection Certificate 

 EXHIBIT H-2 

FORM OF 

PERFECTION CERTIFICATE SUPPLEMENT 

Reference is hereby made to (i) that certain Security Agreement dated as of August 4, 2010 (the “Security
Agreement”), between SAVVIS Communications Corporation, a Missouri corporation (“Borrower”), SAVVIS Inc. (“Holdings”), the Guarantors party thereto (collectively, the “Guarantors”) and the
Administrative Agent (as hereinafter defined) and (ii) that certain Credit Agreement dated as of August 4, 2010 (the “Credit Agreement”) among the Borrower, Holdings, certain other parties thereto and Bank of America,
N.A., as Administrative Agent (in such capacity, the “Administrative Agent”). This Perfection Certificate Supplement, dated as of [            ], 2010 is delivered pursuant
to Section 6.02(j) of the Credit Agreement. Capitalized terms used but not defined herein have the meanings assigned in the Credit Agreement. As used herein, the term “Companies” means Borrower, each of its Subsidiaries and the
other Guarantors, and the terms “Patent”, “Trademark”, “Copyright” and “Intellectual Property License” each have the meaning specified in the Security Agreement. 

The undersigned, the [            ] of the Borrower, hereby certify (in my
capacity as [            ] and not in my individual capacity) to the Administrative Agent and each of the other Secured Parties that, as of the date hereof, there has been no change in the
information described in the Perfection Certificate delivered on the Closing Date (as supplemented by any perfection certificate supplements delivered prior to the date hereof, the “Prior Perfection Certificate”), other than as
follows: 
 ARTICLE XIINames. 

(i) Except as listed in Schedule 1(a) attached hereto and made a part hereof, (x) Schedule
1(a) to the Prior Perfection Certificate sets forth the exact legal name of each Company, as such name appears in its respective certificate of incorporation or any other organizational document; (y) each Company is (i) the type of
entity disclosed next to its name in Schedule 1(a) to the Prior Perfection Certificate and (ii) a registered organization except to the extent disclosed in Schedule 1(a) to the Prior Perfection Certificate and
(z) set forth in Schedule 1(a) to the Prior Perfection Certificate is the organizational identification number, if any, of each Company that is a registered organization, the Federal Taxpayer Identification Number of each Company
and the jurisdiction of formation of each Company. 
 (ii) Except as listed in Schedule 1(b)
attached hereto and made a part hereof, Schedule 1(b) to the Prior Perfection Certificate is a list of any other corporate or organizational names each Company has had in the past five years, together with the date of the relevant
change. 
 (iii) Except as listed in Schedule 1(c) attached hereto and made a part hereof,
Schedule 1(c) to the Prior Perfection Certificate is a list of all other names used by each Company, or any other business or organization to which each Company became the successor by merger, consolidation, acquisition, change in
form, nature or jurisdiction of organization or otherwise, on any filings with the Internal Revenue Service at any time within the five years preceding the date hereof. Except as set forth in Schedule 1(c), no Company has changed its
jurisdiction of organization at any time during the past four months 
 ARTICLE XIIICurrent Locations. Except as listed
in Schedule 2 attached hereto and made a part hereof, the chief executive office of each Company is located at the address set forth in Schedule 2 of the Prior Perfection Certificate. 

ARTICLE XIVExtraordinary Transactions. Except for those purchases, acquisitions and other transactions described in Schedule
3 attached hereto and in Schedule 3 to the Prior Perfection Certificate, all of the Collateral has been originated by each Company in the ordinary course of business or consists of goods which have been acquired by such Company
in the ordinary course of business from a person in the business of selling goods of that kind. 

 ARTICLE XVReal Property. (a) Except as listed in Schedule 4(a)
attached hereto and made a part hereof, Schedule 4(a) to the Prior Perfection Certificate is a list of (i) real property owned, leased or otherwise held by each Company located in the United States, (ii) real property
encumbered or to be encumbered by a Mortgage and fixture filing, which real property includes (such real property, the “Mortgaged Property”), (iii) common names, addresses and uses of each Mortgaged Property (stating improvements
located thereon) and (iv) other information relating thereto required by such Schedule. 
 ARTICLE XVIStock Ownership
and Other Equity Interests. Except as listed in Schedule 5(a) attached hereto and made a part hereof, Schedule 5(a) to the Prior Perfection Certificate is a true and correct list of each of all of the authorized, and
the issued and outstanding, stock, partnership interests, limited liability company membership interests or other equity interest of each Company and its Subsidiaries and the record and beneficial owners of such stock, partnership interests,
membership interests or other equity interests setting forth the percentage of such equity interests pledged under the Security Agreement. Except as set forth in Schedule 5(b) attached hereto and made a part hereof,
Schedule 5(b) to the Prior Perfection Certificate sets forth each equity investment of each Company that represents 50% or less of the equity of the entity in which such investment was made setting forth the percentage of such equity
interests pledged under the Security Agreement. 
 ARTICLE XVIIInstruments and Tangible Chattel Paper. Except as listed
in Schedule 6 attached hereto and made a part hereof, Schedule 6 to the Prior Perfection Certificate is a true and correct list of all promissory notes, instruments (other than checks to be deposited in the ordinary
course of business), tangible chattel paper, electronic chattel paper and other evidence of indebtedness held by each Company as of             , 200[    ],
including all intercompany notes between or among any two or more Companies or any of their Subsidiaries. 
 ARTICLE
XVIIIIntellectual Property. a. Except as listed in Schedule 7(a) attached hereto and made a part hereof, Schedule 7(a) to the Prior Perfection Certificate is a schedule setting forth all of each Company’s
Patents and Trademarks (each as defined in the Security Agreement) applied for, issued or registered with the United States Patent and Trademark Office, and all other U.S. Patents and U.S. Trademarks (each as defined in the Security Agreement),
including the name of the registered owner or applicant and the registration, application, or publication number, as applicable, of each Patent or Trademark owned by each Company. 

b. Except as listed in Schedule 7(b) attached hereto and made a part hereof, Schedule 7(b) to the Prior
Perfection Certificate is a schedule setting forth all of each Company’s registered United States Copyrights (each as defined in the Security Agreement), including the name of the registered owner and the registration number of each Copyright
owned by each Company. 
 c. Except as listed in Schedule 7(c) attached hereto and made a part hereof,
Schedule 7(c) to the Prior Perfection Certificate is a schedule setting forth all Patent Licenses, Trademark Licenses and Copyright Licenses (each as defined in the Security Agreement), whether or not recorded with the United States
Patent and Trademark Office or United States Copyright Office, as applicable, including, but not limited to, the relevant signatory parties to each license along with the date of execution thereof and, if applicable, a recordation number or other
such evidence of recordation. 
 8. Commercial Tort Claims. Except as listed in Schedule 8 attached hereto
and made a part hereof, attached to the Prior Perfection Certificate as Schedule 8 is a true and correct list of all Commercial Tort Claims (as defined in the Security Agreement) held by each Company, including a brief description
thereof and stating if such commercial tort claims are required to be pledged under the Security Agreement. 
 9. Deposit
Accounts, Securities Accounts and Commodity Accounts. Except as listed in Schedule 9 attached hereto and made a part hereof, attached to the Prior Perfection Certificate as Schedule 9 is a true and complete list of
all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Company, including the name of each institution where each such account is held, the name of each such account, the name
of each entity that holds each account. 
  

 -2- 

 10. Letter-of-Credit Rights. Except as listed in Schedule 10 attached
hereto and made a part hereof, attached to the Prior Perfection Certificate as Schedule 10 is a true and correct list of all Letters of Credit issued in favor of each Company, as beneficiary thereunder. 

11. Insurance. Except as listed in Schedule 11 attached hereto and made a part hereof, attached to the Prior
Perfection Certificate as Schedule 11 a true and correct list of all insurance policies of the Companies. 
 12.
Other Collateral. Except as listed in Schedule 12 attached hereto and made a part hereof, attached to the Prior Perfection Certificate as Schedule 12 is a true and correct list of all of the following types of
collateral, if any, owned or held by each Company: (a) all agreements and contracts with any Governmental Authority, (b) all FCC licenses, (c) all aircraft and airplanes, (d) all ships and boats vessels, (e) all rolling
stock and trains, (f) all oil, gas, minerals and as extracted collateral and personal property including leasehold improvements and equipment. 

[The Remainder of this Page has been intentionally left blank] 

 

 -3- 

 IN WITNESS WHEREOF, we have hereunto signed this Perfection Certificate as of this
     day of         , 2010. 
  

			
	SAVVIS COMMUNICATIONS CORPORATION
		
	By:	 	  

		 	Name:
		 	Title:
	
	SAVVIS INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	[Each of the Guarantors]
		
	By:	 	  

		 	Name:
		 	Title:

  

 -4- 

 Schedule 1(a) 

Legal Names, Etc. 
  

											
	Legal Name	 	Type of     Entity    	 	
Registered Organization        

(Yes/No)
	  	Organizational Numbera  
      	  	Federal Taxpayer
Identification Number        	  	State
of    
Formation    
	 	 	 	 	 	  	 	  	 	  	 
	 	 	 	 	 	  	 	  	 	  	 
	 	 	 	 	 	  	 	  	 	  	 

 

	a
	 If none, so state. 

 Schedule 2 

Chief Executive Offices 
  

							
	Company/Subsidiary	 	Address        
        	 	County        
    	  	State     
       
	            	 	 	 	 	  	 
	            	 	 	 	 	  	 
	            	 	 	 	 	  	 
	            	 	 	 	 	  	 
	            	 	 	 	 	  	 
	            	 	 	 	 	  	 

 Schedule 3 

Transactions Other Than in the Ordinary Course of Business 

 

					
	
Company/Subsidiary
	 	
Description of Transaction Including Parties Thereto    
	 	
Date of Transaction

	          
  	 	 	 	 
	            	 	 	 	 
	            	 	 	 	 

 Schedule 4a) 

Real Property 

I. Owned Real Property 
  

															
	
Entity of

Record
	  	Common     
Name
and    
Address      	 	
Purpose/        

Use        
	 	Improvements        
Located 
in Real        
Property        	 	Approximate        
Square      
  
Footage        	 	
Legal
Description         

(if        

Encumbered        

by Mortgage        
and/or    

Fixture      

Filing)    
	 	To be
Encumbered    
by
Mortgage    
and Fixture    
Filing	 	
Option to
Purchase/

Right of First
Refusal

	[    ]	  	[    ]

[COUNTY,
STATE]
	 	[    ]	 	[    ]	 	[    ]	 	[See Schedule
A to Mortgage
and/or
fixture
filing encum- bering this
property.]
	 	[YES/NO]	 	[YES/NO]
	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 

 II. Leased
or Other Interests in Real Property 
  

																					
	Entity of
Record	  	Common
Name and
Address	 	Landlord /
Owner	 	Description
of Lease
or
Other
Documents
Evidencing
Interest	 	 Purpose/

Use
	 	Improvements
Located in
Real Property	 	Approximate
Square
Footage	 	
Legal    
Description

(if    

Encumbered

by Mortgage

and/or

Fixture

Filing)
	 	To be
Encumbered
by Mortgage	 	 To
be
Encumbered
by
 Fixture
Filing
	 	
Option to

Purchase/

Right of First

Refusal

	[    ]	  	[    ]

[COUNTY,
STATE]
	 	[    ]	 	[    ]	 	[    ]	 	[    ]	 	[    ]	 	[See Schedule
A to Mortgage
and/or
fixture
filing encum-
bering this
property.]	 	[YES/NO]	 	[YES/NO]	 	[YES/NO]
	 	  	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 Schedule 5 

(a) Equity Interests of Companies and Subsidiaries 

 

									
	 Current
Legal    
 Entities Owned    
	 	Record Owner        	 	Certificate No.        	  	No. Shares/Interest        
	  	Percent
Pledged        
	
            
	 	 	 	 	  	 	  	 
	             

	 	 	 		  	 	  	 
	
            
	 	 	 	 	  	 	  	 
	 	 	 	 	 	  	 	  	 

(b) Other Equity Interests 
  

									
	
Current Legal    

Entities Owned    
	 	Record
Owner        	 	Certificate No.        	  	No. Shares/Interest    
    	  	Percent
Pledged        

 Schedule 6 

Instruments and Tangible Chattel Paper 

1. Promissory Notes: 
  

											
	Entity	 	
Principal    

Amount    
	 	 Date of    

Issuance    
	  	Interest Rate    	  	Maturity Date    	  	
Pledged    

[Yes/No]    

	
            
	 	 	 	 	  	 	  	 	  	 
	 	 	 	 		  	 	  	 	  	 
	
            
	 	 	 	 	  	 	  	 	  	 

2. Chattel Paper: 
  

			
	Description	  	
Pledged    

[Yes/No]    

	
            
	  	 
	
            
	  	 
	
            
	  	 

 Schedule 7a) 

Patents and Trademarks 

UNITED STATES PATENTS: 
 Registrations:

  

					
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 DESCRIPTION

Applications: 
  

					
	 OWNER
	 	 APPLICATION

NUMBER
	 	 DESCRIPTION

Licenses: 
  

							
	 LICENSEE
	 	 LICENSOR
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 DESCRIPTION

OTHER PATENTS: 
 Registrations:

  

							
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 COUNTRY/STATE
	 	 DESCRIPTION

Applications: 
  

							
	 OWNER
	 	 APPLICATION

NUMBER
	 	 COUNTRY/STATE
	 	 DESCRIPTION

 Licenses: 
  

									
	 LICENSEE
	 	 LICENSOR
	 	 COUNTRY/STATE
	 	 REGISTRATION/
APPLICATION

NUMBER
	 	 DESCRIPTION

UNITED STATES TRADEMARKS: 

Registrations: 
  

					
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 TRADEMARK

Applications: 
  

					
	 OWNER
	 	 APPLICATION

NUMBER
	 	 TRADEMARK

Licenses: 
  

							
	 LICENSEE
	 	 LICENSOR
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 TRADEMARK

OTHER TRADEMARKS: 
 Registrations:

  

							
	 OWNER
	 	 REGISTRATION

NUMBER
	 	 COUNTRY/STATE
	 	 TRADEMARK

Applications: 
  

							
	 OWNER
	 	 APPLICATION

NUMBER
	 	 COUNTRY/STATE
	 	 TRADEMARK

 Licenses: 
  

									
	 LICENSEE
	 	 LICENSOR
	 	 COUNTRY/STATE
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 TRADEMARK

 Schedule 7b) 

Copyrights 

UNITED STATES COPYRIGHTS 
 Registrations:

  

					
	 OWNER
	 	 TITLE
	 	 REGISTRATION NUMBER

Applications: 
  

			
	 OWNER
	 	 APPLICATION NUMBER

Licenses: 
  

							
	 LICENSEE
	 	 LICENSOR
	 	 REGISTRATION/

APPLICATION

NUMBER
	 	 DESCRIPTION

OTHER COPYRIGHTS 
 Registrations:

  

							
	 OWNER
	 	 COUNTRY/STATE
	 	 TITLE
	 	 REGISTRATION NUMBER

Applications: 
  

					
	 OWNER
	 	 COUNTRY/STATE
	 	 APPLICATION NUMBER

Licenses: 
  

									
	 LICENSEE
	 	 LICENSOR
	 	 COUNTRY/STATE
	 	 REGISTRATION/
APPLICATION

NUMBER
	 	 DESCRIPTION

 Schedule 7c) 

Intellectual Property Filings 

 Schedule 8 

Commercial Tort Claims 
  

			
	Description	  	
Pledged

[Yes/No]

	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 

 Schedule 9 

Deposit Accounts 
  

											
	 Owner
	 	 Type Of Account
	 	 Bank
	 	 Account Numbers
	 	 Subject to

control

agreement?

[Yes/No]
	 	 Reason for

Exclusion

from

Control

Requirement

Securities Accounts 
  

											
	 Owner
	 	 Type Of Account
	 	 Intermediary
	 	 Account Numbers
	 	 Subject to

control

agreement?

[Yes/No]
	 	 Reason for

Exclusion

from

Control

Requirement

Commodity Accounts 
  

											
	 Owner
	 	 Type Of Account
	 	 Intermediary
	 	 Account Numbers
	 	 Subject to

control

agreement?

[Yes/No]
	 	 Reason for

Exclusion

from

Control

Requirement

 Schedule 10 

Letter of Credit Rights 
  

											
	Issuer	 	Beneficiary            
	 	
Principal            

Amount            
	  	 Date
of            

Issuance            
	  	
Maturity            

Date            
	  	
Subject to            

Control            
Requirement       
     

[Yes/No]            

	 		 		 	 
	 	 	 	 	 	  	 	  	 	  	 
	 		 		 	 
	 	 	 	 	 	  	 	  	 	  	 

 Schedule 11 

Insurance 

 Schedule 12 

Other Collateral 

(a) Agreements and Contracts with Governmental Authorities 
  

			
	Description	  	
Pledged

[Yes/No]

	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 

 (b) FCC Licenses

  

			
	Description	  	
Pledged

[Yes/No]

	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 

(c) Aircraft and Airplanes 
  

			
	Description	  	
Pledged

[Yes/No]

	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 

 (d) Ships, Boats
and Vessels 
  

			
	Description	  	
Pledged

[Yes/No]

	 	 
	 	  	 
	 	 
	 	  	 
	 	 
	 	  	 

 (e) Rolling Stock And Trains 

 

			
	Description	 	
Pledged              

[Yes/No]              

	
    
	 	 
	
    
	 	 
	
    
	 	 

 (f) Oil, Gas,
Minerals and As Extracted Collateral 
  

			
	Description	 	
Pledged              

[Yes/No]              

	
    
	 	 
	
    
	 	 
	
    
	 	 

 EXHIBIT I-1 

FORM OF 

UNITED STATES TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the CREDIT AGREEMENT (“Agreement”) entered into as of August 4, 2010 among SAVVIS
COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), each lender from time to time party hereto (collectively, the “Lenders” and
individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used herein but not otherwise defined shall have the meaning given to such term in the Agreement.

 Pursuant to the provisions of Section 3.01(e) of the Agreement, the undersigned hereby certifies that (i) it is the
sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a “bank” within the meaning of Section 881(c)(3)(A) of the
Internal Revenue Code of 1986, as amended, (the “Code”), (iii) it is not a ten percent shareholder of the Borrower within the meaning of Code Section 881(c)(3)(B), (iv) it is not a “controlled foreign corporation”
described in Section 881(c)(3)(C) of the Code, and (v) no payments in connection with any Loan Document are effectively connected with a United States trade or business conducted by the undersigned. 

The undersigned has furnished the Administrative Agent and the Borrower with a certificate of its non-U.S. person status on Internal
Revenue Service Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent in writing
and (2) the undersigned shall furnish the Borrower and the Administrative Agent a properly completed and currently effective certificate in either the calendar year in which payment is to be made by the Borrower or the Administrative Agent to
the undersigned, or in either of the two calendar years preceding such payment. 
 [Signature Page Follows] 

 

 I-1 - 1 

Form of United States Tax Compliance Certificate 

					
	[Lender]
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	[Address]

 Dated:
            , 20[    ] 
  

 I-1 - 2 

Form of United States Tax Compliance Certificate 

 EXHIBIT I-2 

FORM OF 

UNITED STATES TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the CREDIT AGREEMENT (“Agreement”) entered into as of August 4, 2010 among SAVVIS
COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), each lender from time to time party hereto (collectively, the “Lenders” and
individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used herein but not otherwise defined shall have the meaning given to such term in the Agreement.

 Pursuant to the provisions of Section 3.01(e) of the Agreement, the undersigned hereby certifies that (i) it is the
sole record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its partners/members are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing
such Loan(s)), (iii) neither the undersigned nor any of its partners/members is a bank within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code of 1986, as amended, (the “Code”), (iv) none of its
partners/members is a ten percent shareholder of the Borrower within the meaning of Code Section 881(c)(3)(B), (v) none of its partners/members is a “controlled foreign corporation” described in Section 881(c)(3)(C) of the
Code, and (vi) no payments in connection with any Loan Document are effectively connected with the a United States trade or business conducted by the undersigned or its partners/members. 

The undersigned has furnished the Administrative Agent and the Borrower with Internal Revenue Service Form W-8IMY accompanied by an
Internal Revenue Service Form W-8BEN from each of its partners/members claiming the portfolio interest exemption, provided that, for the avoidance of doubt, the foregoing shall not limit the obligation of the Lender to provide, in the case of
a partner/member not claiming the portfolio interest exemption, a Form W-8ECI, Form W-9 or Form W-8IMY (including appropriate underlying certificates from each interest holder of such partner/member), in each case establishing such
partner/member’s available exemption from U.S. federal withholding tax. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the
Borrower and the Administrative Agent and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent in writing with a properly completed and currently effective certificate in either the calendar year in
which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

[Signature Page Follows] 
  

 I-2 - 1 

Form of United States Tax Compliance Certificate 

					
	[Lender]
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
	
	[Address]

 Dated:
            , 20[    ] 
  

 I-2 - 2 

Form of United States Tax Compliance Certificate 

 EXHIBIT I-3 

FORM OF 

UNITED STATES TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the CREDIT AGREEMENT (“Agreement”) entered into as of August 4, 2010 among SAVVIS
COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), each lender from time to time party hereto (collectively, the “Lenders” and
individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used herein but not otherwise defined shall have the meaning given to such term in the Agreement.

 Pursuant to the provisions of Section 3.01(e) and Section 11.06(d) of the Agreement, the undersigned hereby
certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code of
1986, as amended, (the “Code”), (iii) it is not a ten percent shareholder of the Borrower within the meaning of Code Section 881(c)(3)(B), (iv) it is not a “controlled foreign corporation” described in
Section 881(c)(3)(C) of the Code, and (v) no payments in connection with any Loan Document are effectively connected with a United States trade or business conducted by the undersigned. 

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

 

 I-3 - 1 

Form of United States Tax Compliance Certificate 

					
	[Lender]
		
	By:	 	  

		 	Name:	 	
		 	Title:	 	
		
	[Address]	 	

 Dated:             ,
20[    ] 
  

 I-3 - 2 

Form of United States Tax Compliance Certificate 

 EXHIBIT I-4 

FORM OF 

UNITED STATES TAX COMPLIANCE CERTIFICATE 

(For Non-U.S. Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is made to the CREDIT AGREEMENT (“Agreement”) entered into as of August 4, 2010 among SAVVIS
COMMUNICATIONS CORPORATION, a Missouri corporation (the “Borrower”), SAVVIS, INC., a Delaware corporation (“Holdings”), each lender from time to time party hereto (collectively, the “Lenders” and
individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Swing Line Lender and L/C Issuer. Capitalized terms used herein but not otherwise defined shall have the meaning given to such term in the Agreement.

 Pursuant to the provisions of Section 3.01(e) and Section 11.06(d) of the Agreement, the undersigned hereby
certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its partners/members are the sole beneficial owners of such participation, (iii) neither the undersigned
nor any of its partners/members is a bank within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code of 1986, as amended, (the “Code”), (iv) none of its partners/members is a ten percent shareholder of the Borrower
within the meaning of Code Section 881(c)(3)(B), (v) none of its partners/members is a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code, and (vi) no payments in connection with any Loan
Document are effectively connected with a United States trade or business conducted by the undersigned’s or its partners/members. 

The undersigned has furnished its participating non-U.S. Lender with Internal Revenue Service Form W-8IMY accompanied by an Internal
Revenue Service Form W-8BEN from each of its partners/members claiming the portfolio interest exemption, provided that, for the avoidance of doubt, the foregoing shall not limit the obligation of the undersigned to provide, in the case of a
partner/member not claiming the portfolio interest exemption, a Form W-8ECI, Form W-9 or Form W-8IMY (including appropriate underlying certificates from each interest holder of such partner/member), in each case establishing such
partner/member’s available exemption from U.S. federal withholding tax. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such
non-U.S. Lender in writing and (2) the undersigned shall have at all times furnished such non-U.S. Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the
undersigned, or in either of the two calendar years preceding such payments. 
 [Signature Page Follows] 

 

 I-4 - 1 

Form of United States Tax Compliance Certificate 

					
	 [Lender]

		
	 By:
	 	  

		 	 Name:
	 	
		 	 Title:
	 	
	
	 [Address]

Dated:             , 20[    ] 

 

 I-4 - 2 

Form of United States Tax Compliance Certificate 

 EXHIBIT J 

[Form of] 

SOLVENCY CERTIFICATE 

I, the undersigned, [financial officer] of [SAVVIS Communications Corporation, a Missouri corporation (“Borrower”)]
[SAVVIS, Inc., a Delaware Corporation (“Holdings”)], DO HEREBY CERTIFY on behalf of Borrower that: 
 1.
This Certificate is furnished pursuant to Section 4.01(a)(x) of the Credit Agreement, (as in effect on the date of this Certificate) the capitalized terms defined therein being used herein as therein defined) dated as of August 4, 2010,
among SAVVIS Communications Corporation, a Missouri corporation (the “Borrower”), SAVVIS, Inc., a Delaware corporation (“Holdings”), the Guarantors, the Lenders from time to time party thereto, and Bank of America,
N.A., as Administrative Agent, Swing Line Lender and L/C Issuer (as from time to time in effect, the “Credit Agreement”). 

2. Immediately following the consummation of the Transactions and immediately following the making of each Loan and after giving effect
to the application of the proceeds of each Loan on the date hereof, (a) the fair value of the assets of each Loan Party (individually and on a consolidated basis with its Subsidiaries) exceeds its debts and liabilities, subordinated, contingent
or otherwise; (b) the present fair saleable value of the property of each Loan Party (individually and on a consolidated basis with its Subsidiaries) is greater than the amount that will be required to pay the probable liability of its debts
and other liabilities, subordinated, contingent or otherwise, as such debts and other liabilities become absolute and matured; (c) each Loan Party (individually and on a consolidated basis with its Subsidiaries) is able to pay its debts and
liabilities, subordinated, contingent or otherwise, as such debts and liabilities become absolute and matured; and (d) each Loan Party (individually and on a consolidated basis with its Subsidiaries) does not have unreasonably small capital
with which to conduct the business in which it is engaged as such business is now conducted and is proposed to be conducted following the Closing Date. 

[Signature Page Follows] 
  

 J - 1 

Form of Solvency Certificate 

 IN WITNESS WHEREOF, I have hereunto set my hand this [    ]th day of
[            ]. 
  

					
	SAVVIS COMMUNICATIONS CORPORATION
		
	 By:
	 	  

		 	 Name:
	 	
	 Title:
	 	 [Financial Officer]

 

 J - 2 

Form of Solvency Certificate 

 EXHIBIT K 

[Form of] 

LANDLORD’S ACCESS AGREEMENT 

THIS LANDLORD’S ACCESS AGREEMENT (the “Agreement”) is made and entered into as of
            , 2010 by and between                     , having an office at
                             (“Landlord”) and BANK OF AMERICA, N.A., having an office
at                              as administrative agent (in such capacity, “Administrative
Agent”) for the benefit of the Secured Parties (as hereinafter defined) under the Credit Agreement (as hereinafter defined). 

R E C I T A L S : 

A. Landlord is the record title holder and owner of the real property described in Schedule A attached hereto (the “Real
Property”). 
 B. Landlord has leased all or a portion of the Real Property (the “Leased Premises”) to
[            ] (“Lessee” [or “Borrower”]) pursuant to a certain lease agreement or agreements described in Schedule B attached hereto (collectively,
and as amended, amended and restated, supplemented or otherwise modified from time to time, the “Lease”). 
 C.
[Lessee,] [(“Borrower”),], a Missouri corporation, SAVVIS, INC., a Delaware corporation (“Holdings”) and the Administrative Agent, among others, have, in connection with the execution and delivery of this Agreement,
entered into a credit agreement, dated as of August 4, 2010, (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; capitalized terms used and not otherwise defined
herein shall have the meanings assigned to such terms in the Credit Agreement), pursuant to which the Lenders have agreed to make certain loans to Borrower (collectively, the “Loans”). 

[D. [The Lessee is a subsidiary of Borrower.] [Borrower is a subsidiary of the Lessee] [ Borrower and the Lessee are
commonly owned by Holdings.]19 

E. The Lessee has, pursuant to the Credit Agreement or the Guaranty, guaranteed the obligations of the Borrower under
the Credit Agreement and the other documents evidencing and securing the Loans (collectively, the “Loan
Documents”).]20 

F. As security for the payment and performance of Lessee’s [Guaranteed] Obligations under the [Credit Agreement][Guaranty] and the
other [documents evidencing and securing the Loans (collectively, the “Loan Documents”)] [Loan Documents], Administrative Agent (for its benefit and the benefit of the Secured Parties) has or will acquire a security interest in and
lien upon all of Lessee’s personal property, inventory, accounts, goods, machinery, equipment, furniture and fixtures (together with all additions, substitutions, replacements and improvements to, and proceeds of, the foregoing, collectively,
the “Personal Property”). In no event, however, shall the Personal Property include any of Landlord’s [Installations, as defined in the lease]. 
  

 

	19
	 Include one of these alternatives if Borrower is not the Lessee. 

	20	 Include if
Borrower is not the Lessee 

  

 K - 1 

Form of Landlord’s Access Agreement 

 G. Administrative Agent has requested that Landlord execute this Agreement as a condition to
the making of the Loans under the Credit Agreement. 
 A G R E E M E N
T : 
 NOW, THEREFORE, for and in consideration of the premises and other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, Landlord hereby represents, warrants and agrees in favor of Administrative Agent, as follows: 

ARTICLE XIX Landlord certifies that (i) Landlord is the landlord under the Lease described in Schedule B attached hereto,
(ii) the Lease is in full force and effect and has not been amended, modified or supplemented except as set forth in Schedule B hereto and (iii) Landlord has sent no notice of default to Lessee under the Lease respecting a default
which has not been cured by Lessee. 
 ARTICLE XX Landlord agrees that the Personal Property is and will remain personal
property and not fixtures even though it may be affixed to or placed on the Leased Premises. Landlord further agrees that Administrative Agent has the right to remove the Personal Property from the Leased Premises at any time in accordance with the
terms of the Loan Documents; provided that Administrative Agent shall repair any damage arising from such removal. Landlord further agrees that it will not hinder Administrative Agent’s actions in removing Personal Property from the
Leased Premises or Administrative Agent’s actions in otherwise enforcing its security interest in the Personal Property. Administrative Agent shall not be liable for any diminution in value of the Leased Premises caused by the absence of
Personal Property actually removed or by the need to replace the Personal Property after such removal. Landlord acknowledges that Administrative Agent shall have no obligation to remove the Personal Property from the Leased Premises. 

ARTICLE XXI Landlord acknowledges and agrees that Lessee’s granting of a security interest in the Personal Property in favor of the
Administrative Agent (for the benefit of the Secured Parties) shall not constitute a default under the Lease nor permit Landlord to terminate the Lease or re-enter or repossess the Leased Premises or otherwise be the basis for the exercise of any
remedy by Landlord and Landlord hereby expressly consents to the granting of such security interest and agrees that such security interest shall be superior to any lien of the Landlord (statutory or otherwise) in the Personal Property. 

ARTICLE XXII The terms and provisions of this Agreement shall inure to the benefit of and be binding upon the successors and assigns of
Landlord (including, without limitation, any successor owner of the Real Property) and Administrative Agent. Landlord will disclose the terms and conditions of this Agreement to any purchaser or successor to Landlord’s interest in the Leased
Premises. 
 ARTICLE XXIII All notices to any party hereto under this Agreement shall be in writing and sent to such party at
its respective address set forth above (or at such other address as shall be designated by such party in a written notice to the other party complying as to delivery with the terms of this Section 5) by certified mail, postage prepaid, return
receipt requested or by overnight delivery service. 
 ARTICLE XXIV The provisions of this Agreement shall continue in effect
until Landlord shall have received Administrative Agent’s written certification that the Loans have been paid in full and all of Borrower’s other Obligations under the Credit Agreement and the other Loan Documents have been satisfied.

  

 K - 2 

Form of Landlord’s Access Agreement 

 ARTICLE XXV THE INTERPRETATION, VALIDITY AND ENFORCEMENT OF THIS AGREEMENT SHALL BE GOVERNED
BY AND CONSTRUED UNDER THE LAWS OF THE STATE OF NEW YORK, WITHOUT GIVING EFFECT TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF. 

ARTICLE XXVI Landlord agrees to execute, acknowledge and deliver such further instruments as Administrative Agent may request to allow
for the proper recording of this Agreement (including, without limitation, a revised landlord’s access agreement in form and substance sufficient for recording) or to otherwise accomplish the purposes of this Agreement. 

 

 K - 3 

Form of Landlord’s Access Agreement 

 IN WITNESS WHEREOF, Landlord and Administrative Agent have caused this Agreement to be duly
executed and delivered by their duly authorized officers as of the date first above written. 
  

					
	                           
                                         
        ,
	
	 as Landlord

		
	 By:
	 	  

		 	 Name:
	 	
		 	 Title:
	 	
	
	 BANK OF AMERICA, N.A.,

as Administrative Agent

		
	By:	 	  

		 	Name:	 	
		 	Title:	 	

  

 K - 4 

Form of Landlord’s Access Agreement 

 Schedule A 

Description of Real Property 
  

 K - 5 

Form of Landlord’s Access Agreement 

 Schedule B 

Description of Lease 
  

									
	 Lessor
	 	 Lessee
	 	 Dated
	 	 Modification
	 	 Location/

Property

AddressRevolving Credit Agreement

 EXHIBIT 10.1 

 
  
  

 
 REVOLVING CREDIT AGREEMENT

 dated as of August 10, 2010 

among 
 KILROY
REALTY, L.P. 
 JPMORGAN CHASE BANK, N.A., 

as Bank and as Administrative Agent for the Banks, 

J.P. MORGAN SECURITIES INC., 

as Joint Lead Arranger and Joint Bookrunner, 

BANC OF AMERICA SECURITIES LLC, 

as Joint Lead Arranger and Joint Bookrunner, 

BANK OF AMERICA, N.A., 

as Syndication Agent, 

BANK OF NOVA SCOTIA, 

PNC BANK, NATIONAL ASSOCIATION, 

U.S. BANK NATIONAL ASSOCIATION, 

and 
 BARCLAYS BANK
PLC, 
 as Documentation Agents, 

and 
 THE BANKS
LISTED HEREIN 
  
  

 
  

 TABLE OF CONTENTS 

 

					
	 	 	 	  	Page
			
		 	ARTICLE I	  	
			
		 	DEFINITIONS	  	
			
	Section 1.1	 	Definitions	  	1
	Section 1.2	 	Accounting Terms and Determinations	  	21
	Section 1.3	 	Types of Borrowings	  	21
			
		 	ARTICLE II	  	
			
		 	THE CREDITS	  	
			
	Section 2.1	 	Commitments to Lend	  	22
	Section 2.2	 	Notice of Committed Borrowing	  	22
	Section 2.3	 	Money Market Borrowings	  	24
	Section 2.4	 	Notice to Banks; Funding of Loans	  	27
	Section 2.5	 	Notes	  	29
	Section 2.6	 	Maturity of Loans	  	29
	Section 2.7	 	Interest Rates	  	29
	Section 2.8	 	Fees	  	31
	Section 2.9	 	Extended Maturity Date; Mandatory Termination	  	32
	Section 2.10	 	Mandatory Prepayment	  	33
	Section 2.11	 	Optional Prepayments	  	33
	Section 2.12	 	General Provisions as to Payments	  	35
	Section 2.13	 	Funding Losses	  	36
	Section 2.14	 	Computation of Interest and Fees	  	36
	Section 2.15	 	Method of Electing Interest Rates	  	36
	Section 2.16	 	Letters of Credit	  	37
	Section 2.17	 	Letter of Credit Usage Absolute	  	40
	Section 2.18	 	Swingline Loan Subfacility	  	41
			
		 	ARTICLE III	  	
			
		 	CONDITIONS	  	
			
	Section 3.1	 	Closing	  	43
	Section 3.2	 	Borrowings	  	45
			
		 	ARTICLE IV	  	
			
		 	REPRESENTATIONS AND WARRANTIES	  	
			
	Section 4.1	 	Existence and Power	  	46

  

 i 

					
	Section 4.2	 	Power and Authority	  	46
	Section 4.3	 	No Violation	  	46
	Section 4.4	 	Financial Information	  	47
	Section 4.5	 	Litigation	  	47
	Section 4.6	 	Compliance with ERISA	  	47
	Section 4.7	 	Environmental Compliance	  	48
	Section 4.8	 	Taxes	  	49
	Section 4.9	 	Full Disclosure	  	49
	Section 4.10	 	Solvency	  	50
	Section 4.11	 	Use of Proceeds; Margin Regulations	  	50
	Section 4.12	 	Governmental Approvals	  	50
	Section 4.13	 	Investment Company Act; Public Utility Holding Company Act	  	50
	Section 4.14	 	Closing Date Transactions	  	50
	Section 4.15	 	Representations and Warranties in Loan Documents	  	50
	Section 4.16	 	Patents, Trademarks, etc.	  	50
	Section 4.17	 	No Default	  	51
	Section 4.18	 	Licenses, etc.	  	51
	Section 4.19	 	Compliance With Law	  	51
	Section 4.20	 	No Burdensome Restrictions	  	51
	Section 4.21	 	Brokers’ Fees	  	51
	Section 4.22	 	Labor Matters	  	51
	Section 4.23	 	Organizational Documents	  	51
	Section 4.24	 	Principal Offices	  	52
	Section 4.25	 	REIT Status	  	52
	Section 4.26	 	Ownership of Property	  	52
	Section 4.27	 	Insurance	  	52
			
		 	ARTICLE V	  	
			
		 	AFFIRMATIVE AND NEGATIVE COVENANTS	  	
			
	Section 5.1	 	Information	  	52
	Section 5.2	 	Payment of Obligations	  	55
	Section 5.3	 	Maintenance of Property; Insurance	  	55
	Section 5.4	 	Conduct of Business	  	55
	Section 5.5	 	Compliance with Laws	  	55
	Section 5.6	 	Inspection of Property, Books and Records	  	56
	Section 5.7	 	Existence	  	56
	Section 5.8	 	Financial Covenants	  	56
	Section 5.9	 	Restriction on Fundamental Changes; Operation and Control	  	57
	Section 5.10	 	Changes in Business	  	58
	Section 5.11	 	Sale of Unencumbered Asset Pool Properties	  	58
	Section 5.12	 	Fiscal Year; Fiscal Quarter	  	58
	Section 5.13	 	Margin Stock	  	58
	Section 5.14	 	Use of Proceeds	  	58
	Section 5.15	 	General Partner Status	  	58
	Section 5.16	 	Certain Requirements for the Unencumbered Asset Pool	  	58

  

 ii 

					
	Section 5.17	 	Aggregate Total Asset Value Limitation	  	58
			
		 	ARTICLE VI	  	
			
		 	DEFAULTS	  	
			
	Section 6.1	 	Events of Default	  	59
	Section 6.2	 	Rights and Remedies	  	61
	Section 6.3	 	Notice of Default	  	62
	Section 6.4	 	Actions in Respect of Letters of Credit	  	63
			
		 	ARTICLE VII	  	
			
		 	THE ADMINISTRATIVE AGENT	  	
			
	Section 7.1	 	Appointment and Authorization	  	64
	Section 7.2	 	Administrative Agent and Affiliates	  	65
	Section 7.3	 	Action by Administrative Agent	  	65
	Section 7.4	 	Consultation with Experts	  	66
	Section 7.5	 	Liability of Administrative Agent	  	66
	Section 7.6	 	Indemnification	  	66
	Section 7.7	 	Credit Decision	  	66
	Section 7.8	 	Successor Administrative Agent	  	67
	Section 7.9	 	Administrative Agent’s Fee	  	67
	Section 7.10	 	Copies of Notices	  	67
			
		 	ARTICLE VIII	  	
			
		 	CHANGE IN CIRCUMSTANCES	  	
			
	Section 8.1	 	Basis for Determining Interest Rate Inadequate or Unfair	  	68
	Section 8.2	 	Illegality	  	68
	Section 8.3	 	Increased Cost and Reduced Return	  	69
	Section 8.4	 	Taxes	  	70
	Section 8.5	 	Base Rate Loans Substituted for Affected Euro-Dollar Loans	  	72
	Section 8.6	 	SPC Loans	  	72
			
		 	ARTICLE IX	  	
			
		 	MISCELLANEOUS	  	
			
	Section 9.1	 	Notices	  	74
	Section 9.2	 	No Waivers	  	74
	Section 9.3	 	Expenses; Indemnification	  	74
	Section 9.4	 	Sharing of Set-Offs	  	75
	Section 9.5	 	Amendments and Waivers	  	76
	Section 9.6	 	Successors and Assigns	  	77
	Section 9.7	 	USA Patriot Act	  	79

  

 iii 

					
	Section 9.8	 	Defaulting Lenders	  	79
	Section 9.9	 	Governing Law; Submission to Jurisdiction	  	81
	Section 9.10	 	Marshaling; Recapture	  	81
	Section 9.11	 	Counterparts; Integration; Effectiveness	  	82
	Section 9.12	 	WAIVER OF JURY TRIAL	  	82
	Section 9.13	 	Survival	  	82
	Section 9.14	 	Domicile of Loans	  	82
	Section 9.15	 	Limitation of Liability	  	82
	Section 9.16	 	No Bankruptcy Proceedings	  	82
	Section 9.17	 	Optional Increase in Commitments	  	83

  

							
	Exhibit A	 	-	    	Form of Note	    	
	Exhibit A-1	 	-	    	Form of Note	    	
	Exhibit B	 	-	    	Unencumbered Asset Pool Properties (Fee Interests)	    	
	Exhibit C	 	-	    	Unencumbered Asset Pool Properties (Leasehold Interests)	    	
	Exhibit D	 	-	    	Form of Assignment and Assumption Agreement	    	
	Exhibit E	 	-	    	Form of Money Market Quote Request	    	
	Exhibit F	 	-	    	Form of Invitation for Money Market Quotes	    	
	Exhibit G	 	-	    	Form of Money Market Quote	    	
	Exhibit H	 	-	    	Form of Designation Agreement	    	
				
	Schedule 4.22	 	-	    	Labor Matters	    	

  

 iv 

 REVOLVING CREDIT AGREEMENT 

REVOLVING CREDIT AGREEMENT dated as of August 10, 2010, among KILROY REALTY, L.P. (the “Borrower”), JPMORGAN CHASE
BANK, N.A., as Bank and as Administrative Agent for the Banks (“Administrative Agent”), J.P. MORGAN SECURITIES INC., as Joint Lead Arranger and Joint Bookrunner, BANC OF AMERICA SECURITIES LLC, as Joint Lead Arranger and Joint
Bookrunner, BANK OF AMERICA, N.A., as Syndication Agent, BANK OF NOVA SCOTIA, PNC BANK, NATIONAL ASSOCIATION, U.S. BANK NATIONAL ASSOCIATION, and BARCLAYS BANK PLC, as Documentation Agents, and the BANKS listed on the signature pages hereof (the
“Banks”). 
 RECITALS 

For good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

 ARTICLE I 

DEFINITIONS 

Section 1.1 Definitions. The following terms, as used herein, have the following meanings: 

“Absolute Rate Auction” means a solicitation of Money Market Quotes setting forth Money Market Absolute Rates pursuant
to Section 2.3. 
 “Administrative Agent” means JPMorgan Chase Bank, N.A., in its capacity as
administrative agent for the Banks hereunder, and its successors in such capacity. 
 “Administrative
Questionnaire” means, with respect to each Bank, an administrative questionnaire in the form prepared by the Administrative Agent and submitted to the Administrative Agent (with a copy to the Borrower) duly completed by such Bank.

 “Adjusted Annual EBITDA” means, for any period, Annual EBITDA for such period, minus the sum of
(a) interest income other than interest income from mortgage notes not in excess of $5,000,000 per annum, and (b) a management fee reserve in an amount equal to 3% of consolidated total revenue (after deduction of interest income of
Borrower and its subsidiaries for such period), plus the sum of (a) general and administrative expenses for such period to the extent included in Annual EBITDA and (b) actual management fees relating to Real Property for such period.

 “Adjusted London Interbank Offered Rate” has the meaning set forth in Section 2.7(b). 

“Agreement” means this Revolving Credit Agreement, as the same may from time to time hereafter be modified, supplemented
or amended. 
  

 1 

 “Annual EBITDA” means, measured as of the last day of each calendar quarter
(and without duplication), an amount derived from (i) total revenues relating to all Real Property Assets of the Borrower, the General Partner and their Consolidated Subsidiaries or to the Borrower’s or the General Partner’s interest
in Minority Holdings for the previous four consecutive calendar quarters including the quarter then ended, on an accrual basis without giving effect to the straight-lining of rents, plus (ii) interest and other income of the Borrower, the
General Partner and their Consolidated Subsidiaries, including, without limitation, real estate service revenues, for such period, plus (iii) nonrecurring extraordinary losses (including losses from the sale of Real Property Assets and/or early
extinguishment of Debt or the forgiveness of Debt) for such period, plus (iv) non-cash compensation expense for such period not in excess of $15,000,000 per annum, plus (v) costs and expenses incurred during such period with respect to
acquisitions consummated during such period, less (vi) total operating expenses and other expenses relating to such Real Property Assets and to the Borrower’s and the General Partner’s interest in Minority Holdings for such period
(other than interest, taxes, depreciation, amortization, and other non-cash items), less (vii) total corporate operating expenses (including general overhead expenses) and other expenses of the Borrower, the General Partner, their Consolidated
Subsidiaries and the Borrower’s and the General Partner’s interest in Minority Holdings (other than interest, taxes, depreciation, amortization and other non-cash items), less (viii) gains from discontinued operations and
extraordinary gains or losses, for such period, and less (ix) nonrecurring extraordinary gains (including gains from the sale of Real Property Assets and/or the early extinguishment of Debt or the forgiveness of Debt) for such period. For
purposes of this Agreement, Annual EBITDA shall be deemed to include only the Borrower’s pro rata share (such share being based upon the Borrower’s percentage ownership interest as shown on the Borrower’s annual audited financial
statements) of the Annual EBITDA of any Person in which the Borrower, directly or indirectly, owns an interest. 

“Applicable Interest Rate” means the lesser of (x) the rate at which the interest rate applicable to any floating
rate Debt could be fixed, at the time of calculation, by the Borrower entering into an unsecured interest rate swap agreement (or, if such rate is incapable of being fixed by entering into an unsecured interest rate swap agreement at the time of
calculation, a reasonably determined fixed rate equivalent), and (y) the rate at which the interest rate applicable to such floating rate Debt is actually capped, at the time of calculation, if the Borrower has entered into an interest rate cap
agreement with respect thereto or if the documentation for such Debt contains a cap. 
 “Applicable Lending
Office” means, with respect to any Bank, (i) in the case of its Base Rate Loans and Swingline Loans, its Domestic Lending Office, (ii) in the case of its Euro-Dollar Loans, its Euro-Dollar Lending Office, and (iii) in the
case of its Money Market Loans, its Money Market Lending Office. 
  

 2 

 “Applicable Margin” means, with respect to each Loan, the respective
percentages per annum determined, at any time, based on the range into which Borrower’s Credit Rating then falls, in accordance with the following table. 
  

					
	 Range of Borrower’s Credit

Rating*
	  	
Applicable Margin for

Euro-Dollar Loans

(% per annum)
	  	
Applicable Margin for Base

Rate Loans
 (% per
annum)

	
<BBB-/Baa3 or unrated
	  	3.050%	  	2.050%
	
BBB-/Baa3
	  	2.675%	  	1.675%
	 BBB/Baa2

	  	2.300%	  	1.300%
	
BBB+/Baal
	  	2.100%	  	1.100%
	 A-/A3 or
better
	  	1.900%	  	0.900%

 

	*	Applicable rating is Borrower’s Credit Rating and if the Borrower has only two ratings, then it will be the higher of the two. In the event that the ratings are
more than one level apart, the median rating will be used. If the Borrower has three ratings and such ratings are split, then, if the difference between the highest and lowest is one level apart, it will be the highest of the three, but if the
difference is more than one level, the rating will be the average of the two highest (or if such average is not a recognized category, then the second highest rating will be used). 

Should Borrower lose its Investment Grade Rating from both S&P and Moody’s, pricing will revert to the unrated portion of the table above. Upon
reinstatement of its Investment Grade Rating from either S&P or Moody’s, pricing will revert to the rated pricing table above. 

“Assignee” has the meaning set forth in Section 9.6(c). 

“Bank” means each bank listed on the signature pages hereof, each Assignee which becomes a Bank pursuant to
Section 9.6(c), and their respective successors and each Designated Lender; provided, however, that the term “Bank” shall exclude each Designated Lender when used in reference to a Committed Loan, the Commitments
or terms relating to the Committed Loans and the Commitments and shall further exclude each Designated Lender for all other purposes hereunder except that any Designated Lender which funds a Money Market Loan shall, subject to Section 9.6(d),
have the rights (including the rights given to a Bank contained in Section 9.3 and otherwise in Article 9) and obligations of a Bank associated with holding such Money Market Loan. 

“Bankruptcy Code” means Title 11 of the United States Code, entitled “Bankruptcy”, as amended from time to
time, and any successor statute or statutes. 
 “Bankruptcy Event” means, with respect to any Person, such
Person becomes the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its
business appointed for it, or, in the good faith determination of the Administrative Agent, has taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any such proceeding or appointment, provided that a
Bankruptcy Event shall not result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by a Governmental Authority or instrumentality thereof, provided, further, that such ownership interest does
not result in or provide such Person with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such Governmental Authority or
instrumentality) to reject, repudiate, disavow or disaffirm any contracts or agreements made by such Person. 
  

 3 

 “Base Rate” means, for any day, a rate per annum equal to the highest of
(i) the Prime Rate, (ii) the Federal Funds Rate +.50% and (iii) one-month London Interbank Offered Rate + 1%. 

“Base Rate Borrowing” means a Borrowing comprised of Base Rate Loans. 

“Base Rate Loan” means a Committed Loan to be made by a Bank as a Base Rate Loan in accordance with the applicable
Notice of Borrowing or pursuant to Article VIII. 
 “BBA LIBOR” has the meaning set forth in
Section 2.7(b). 
 “Benefit Arrangement” means at any time an employee benefit plan within the meaning of
Section 3(3) of ERISA which is not a Plan or a Multiemployer Plan and which is maintained or otherwise contributed to by any member of the ERISA Group. 

“Borrower” means Kilroy Realty, L.P. and its successors. 

“Borrower’s Credit Rating” means the rating assigned by the Rating Agencies to the General Partner’s or the
Borrower’s senior unsecured long term indebtedness, or if no such rating is available, then the General Partner’s or the Borrower’s issuer rating. 

“Borrowing” has the meaning set forth in Section 1.3. 

“Capital Expenditures” means, for any period, the sum of all recurring expenditures on capital improvements (whether
paid in cash or accrued as a liability) by the Borrower which are capitalized on the consolidated balance sheet of the Borrower in conformity with GAAP, but less (i) all expenditures made with respect to the acquisition by the Borrower and its
Consolidated Subsidiaries of any interest in real property within nine months after the date such interest in real property is acquired and (ii) capital expenditures made from the proceeds of insurance or condemnation awards (or payments in
lieu thereof) or indemnity payments received during such period by Borrower or any of its Consolidated Subsidiaries from third parties. 

“Cash or Cash Equivalents” means (i) cash, (ii) direct obligations of the United States Government, including,
without limitation, treasury bills, notes and bonds, (iii) interest bearing or discounted obligations of Federal agencies and Government sponsored entities or pools of such instruments offered by banks rated AA or better by S&P or Aa2 by
Moody’s and dealers, including, without limitation, Federal Home Loan Mortgage Corporation participation sale certificates, Government National Mortgage Association modified pass-through certificates, Federal National Mortgage Association bonds
and notes, Federal Farm Credit System securities, (iv) time deposits, domestic and Eurodollar certificates of deposit, bankers acceptances, commercial paper rated at least A-1 by S&P and P-1 by Moody’s, and/or guaranteed by an Aa
rating by Moody’s, an AA rating by S&P, or better rated credit, floating rate notes, other money market instruments and letters of credit each issued by banks which have a long-term debt rating of at least AA by S&P or Aa2 by
Moody’s, (v) obligations of domestic corporations, including, without limitation, commercial paper, bonds, debentures, and loan participations, each of which is rated at least AA by S&P, and/or Aa2 by Moody’s, and/or
unconditionally guaranteed by an AA rating by S&P, an Aa2 rating by Moody’s, or better rated credit, (vi) obligations issued by 

 

 4 

 
states and local governments or their agencies, rated at least MIG-1 by Moody’s and/or SP-1 by S&P and/or guaranteed by an irrevocable letter of credit of a bank with a long-term debt
rating of at least AA by S&P or Aa2 by Moody’s, (vii) repurchase agreements with major banks and primary government securities dealers fully secured by U.S. Government or agency collateral equal to or exceeding the principal amount on
a daily basis and held in safekeeping, (viii) real estate loan pool participations, guaranteed by an entity with an AA rating given by S&P or an Aa2 rating given by Moody’s, or better rated credit, and (ix) shares of any mutual
fund that has its assets primarily invested in the types of investments referred to in clauses (i) through (v). 

“Closing Date” has the meaning set forth in Section 3.1. 

“Commitment” means, with respect to each Bank, the amount committed by such Bank pursuant to this Agreement with respect
to any Loans, as such amount may be reduced from time to time pursuant to Sections 2.9(b) and 2.11(f), or increased pursuant to Section 9.17. 

“Committed Borrowing” has the meaning set forth in Section 1.3. 

“Committed Loan” means a Loan made by a Bank pursuant to Section 2.1; provided that, if any such Loan or
loans (or portions thereof) are combined or subdivided pursuant to a Notice of Interest Rate Election, the term “Committed Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate
principal amounts resulting from such subdivision, as the case may be. 
 “Completion of Construction” means
the issuance of a temporary or permanent certificate of occupancy for the improvements under construction, permitting the use and occupancy thereof for their regular intended uses. 

“Consolidated Subsidiary” means, at any date, any Subsidiary or other entity which is consolidated with the Borrower in
accordance with GAAP. 
 “Consolidated Tangible Net Worth” means at any date the difference between
(a) Total Asset Value, less (b) Total Debt. 
 “Contingent Obligation” as to any Person means,
without duplication, (i) any guaranty of the principal of the Debt of any other Person, (ii) any contingent obligation of such Person required to be shown on such Person’s balance sheet in accordance with GAAP, and (iii) any
obligation required to be disclosed in the footnotes to such Person’s financial statements, guaranteeing partially or in whole any non-recourse Debt, lease, dividend or other obligation, exclusive of contractual indemnities (including, without
limitation, any indemnity or price-adjustment provision relating to the purchase or sale of securities or other assets) and guarantees of non-monetary obligations (other than guarantees of completion) which have not yet been called on or quantified,
of such Person or of any other Person. The amount of any Contingent Obligation described in clause (iii) shall be deemed to be (a) with respect to a guaranty of interest or interest and principal, or operating income guaranty, the sum of
all payments required to be made thereunder (which in the case of an operating income guaranty shall be deemed to be equal to the debt service for the note secured thereby), calculated at the Applicable Interest Rate, through (i) in the case of
an interest or interest and principal guaranty, the stated date of maturity of the obligation (and commencing on the date interest could first be payable thereunder), or (ii)

 

 5 

 
in the case of an operating income guaranty, the date through which such guaranty will remain in effect, and (b) with respect to all guarantees not covered by the preceding clause (a), an
amount equal to the stated or determinable amount of the primary obligation in respect of which such guaranty is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is
required to perform thereunder) as recorded on the balance sheet and on the footnotes to the most recent financial statements of the Borrower required to be delivered pursuant to Section 4.4 hereof. Notwithstanding anything contained herein to
the contrary, guarantees of completion shall not be deemed to be Contingent Obligations unless and until a claim for payment or performance has been made thereunder, at which time any such guaranty of completion shall be deemed to be a Contingent
Obligation in an amount equal to any such claim. Subject to the preceding sentence, (i) in the case of a joint and several guaranty given by such Person and another Person (but only to the extent such guaranty is recourse, directly or
indirectly to the Borrower), the amount of the guaranty shall be deemed to be 100% thereof unless and only to the extent that such other Person has delivered Cash or Cash Equivalents to secure all or any part of such Person’s guaranteed
obligations, (ii) in the case of joint and several guarantees given by a Person in whom the Borrower owns an interest (which guarantees are non-recourse to the Borrower), to the extent the guarantees, in the aggregate, exceed 15% of total real
estate investments of such Person, the amount in excess of 15% shall be deemed to be a Contingent Obligation of the Borrower, and (iii) in the case of a guaranty (whether or not joint and several) of an obligation otherwise constituting Debt of
such Person, the amount of such guaranty shall be deemed to be only that amount in excess of the amount of the obligation constituting Debt of such Person. Notwithstanding anything contained herein to the contrary, “Contingent Obligations”
shall not be deemed to include guarantees of Unused Commitments or of construction loans to the extent the same have not been drawn. 

“Credit Party” means the Administrative Agent, the Fronting Bank, the Swingline Lender or any other Bank. 

“Debt” of any Person (including Minority Holdings) means, without duplication, (A) (i) the face amount of all
indebtedness of such Person for borrowed money or for the deferred purchase price of property or any asset and, (ii) the face amount of all indebtedness of such Person evidenced by a note, bond, debenture or similar instrument (whether or not
disbursed in full in the case of a construction loan), (B) the face amount of all letters of credit issued for the account of such Person and, without duplication, all unreimbursed amounts drawn thereunder, (C) all Contingent Obligations
of such Person, (D) all “mark to market” liabilities of such Person under any interest rate protection agreement (including, without limitation, any interest rate swaps, caps, floors, collars and similar agreements) or other hedging
agreements and currency swaps and foreign exchange contracts or similar agreements. For purposes of this Agreement, Debt (other than Contingent Obligations) of the Borrower shall be deemed to include only the Borrower’s pro rata share (such
share being based upon the Borrower’s percentage ownership interest as shown on the Borrower’s annual audited financial statements) of the Debt of any Person in which the Borrower, directly or indirectly, owns an interest, provided that
such Debt is nonrecourse, both directly and indirectly, to the Borrower. 
 “Default” means any condition or
event which constitutes an Event of Default or which with the giving of notice or lapse of time or both would, unless cured or waived, become an Event of Default. 

 

 6 

 “Defaulting Lender” means any Bank that (a) has failed, within two
Domestic Business Days of the date required to be funded or paid, to (i) fund any portion of its Loans, (ii) fund any portion of its participations in Letters of Credit or Swingline Loans or (iii) pay over to any Credit Party any
other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Bank notifies the Administrative Agent in writing that such failure is the result of such Bank’s good faith determination that a condition
precedent to funding (specifically identified and including the particular default, if any) has not been satisfied, (b) has notified the Borrower or any Credit Party in writing, or has made a public statement to the effect, that it does not
intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public statement indicates that such position is based on such Bank’s good faith determination that a condition precedent (specifically
identified and including the particular default, if any) to funding a loan under this Agreement cannot be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Domestic Business Days
after request by a Credit Party, acting in good faith, to provide a certification in writing from an authorized officer of such Bank that it will comply with its obligations (and is financially able to meet such obligations) to fund prospective
Loans and participations in then outstanding Letters of Credit and Swingline Loans under this Agreement, provided that such Bank shall cease to be a Defaulting Lender pursuant to this clause (c) upon such Credit Party’s receipt of such
certification in form and substance satisfactory to it and the Administrative Agent, or (d) has become the subject of a Bankruptcy Event. 

“Designated Lender” means a special purpose corporation that (i) shall have become a party to this Agreement
pursuant to Section 9.6(d), and (ii) is not otherwise a Bank. 
 “Designated Lender Notes” means
promissory notes of the Borrower, substantially in the form of Exhibit A-1 hereto, evidencing the obligation of the Borrower to repay Money Market Loans made by Designated Lenders, and “Designated Lender Note” means any one of such
promissory notes issued under Section 9.6(d) hereof. 
 “Designating Lender” shall have the meaning set
forth in Section 9.6(d) hereof. 
 “Designation Agreement” means a designation agreement in substantially
the form of Exhibit H attached hereto, entered into by a Bank and a Designated Lender and accepted by the Administrative Agent. 

“Development Properties” means any Real Property Assets which are 100% owned in fee (or leasehold pursuant to a
Financeable Ground Lease) by the Borrower, the General Partner or any of their Consolidated Subsidiaries and which are not subject to any Lien (other than Permitted Liens), and which are under development or redevelopment, provided that Real
Property Assets shall cease to be Development Properties as of the earlier to occur of (a) the date which is eighteen (18) months after Completion of Construction thereof, and (b) the first fiscal quarter in which the occupancy rate
of the applicable Development Property has averaged eighty-five percent (85%) or more. 
 “Dollar” and
“$” mean dollars which are the lawful money of the United States. 
  

 7 

 “Domestic Business Day” means any day except a Saturday, Sunday or other
day on which commercial banks in New York City and Los Angeles are authorized by law to close. 
 “Domestic Lending
Office” means, as to each Bank, its office located within the United States at its address set forth in its Administrative Questionnaire (or identified in its Administrative Questionnaire as its Domestic Lending Office) or such other office
within the United States as such Bank may hereafter designate as its Domestic Lending Office by notice to the Borrower and the Administrative Agent; provided that no Bank shall be permitted to change its Domestic Lending Office if as a result of
such change either (i) pursuant to the provisions of Section 8.1 or Section 8.2, Borrower would be unable to maintain any Loans as Euro-Dollar Loans; or (ii) Borrower would be required to make any payment to such Bank pursuant to
the provisions of Section 8.3 or Section 8.4. 
 “Environmental Affiliate” means any partnership, or
joint venture, trust or corporation in which an equity interest is owned by the Borrower, either directly or indirectly. 

“Environmental Approvals” means any permit, license, approval, ruling, variance, exemption or other authorization
required under applicable Environmental Laws by a court or governmental agency having jurisdiction. 
 “Environmental
Claim” means, with respect to any Person, any notice, claim, demand or similar communication (written or oral) by any other Person alleging potential liability for investigatory costs, cleanup costs, governmental response costs, natural
resources damage, property damage, personal injuries, fines or penalties arising out of, based on or resulting from (i) the presence, or release into the environment, of any Material of Environmental Concern at any location, whether or not
owned by such Person or (ii) circumstances forming the basis of any violation, or alleged violation, of any Environmental Law, in each case as to which could reasonably be expected to have a Material Adverse Effect. 

“Environmental Laws” means any and all federal, state, local and foreign statutes, laws, judicial decisions,
regulations, ordinances, rules, judgments, orders, decrees, plans, injunctions, permits, concessions, grants, franchises, licenses, agreements and other governmental restrictions relating to the environment, the effect of the environment on human
health or to emissions, discharges or releases of pollutants, contaminants, Material of Environmental Concern or hazardous wastes into the environment including, without limitation, ambient air, surface water, ground water, or land, or otherwise
relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of pollutants, contaminants, Material of Environmental Concern or hazardous wastes or the clean-up or other remediation thereof.

 “Environmental Report” has the meaning set forth in Section 4.7. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, or any successor statute. 

“ERISA Group” means the Borrower, any Subsidiary and all members of a controlled group of corporations and all trades or
businesses (whether or not incorporated) under common control which, together with the Borrower or any Subsidiary, are treated as a single employer under Section 414 of the Internal Revenue Code. 

 

 8 

 “Euro-Dollar Borrowing” has the meaning set forth in Section 1.3.

 “Euro-Dollar Business Day” means any Domestic Business Day on which commercial banks are open for
international business (including dealings in dollar deposits) in London. 
 “Euro-Dollar Lending Office”
means, as to each Bank, its office, branch or affiliate located at its address set forth in its Administrative Questionnaire (or identified in its Administrative Questionnaire as its Euro-Dollar Lending Office) or such other office, branch or
affiliate of such Bank as it may hereafter designate as its Euro-Dollar Lending Office by notice to the Borrower and the Administrative Agent; provided that no Bank shall be permitted to change its Euro-Dollar Lending Office if as a result of such
change either (i) pursuant to the provisions of Section 8.1 or Section 8.2, Borrower would be unable to maintain any Loans as Euro-Dollar Loans; or (ii) Borrower would be required make any payment to such Bank pursuant to the
provisions of Sections 8.3 or Section 8.4. 
 “Euro-Dollar Loan” means a Committed Loan to be made by a
Bank as a Loan bearing interest at the Adjusted London Interbank Offered Rate in accordance with the applicable Notice of Committed Borrowing or Notice of Interest Rate Election. 

“Euro-Dollar Reserve Percentage” has the meaning set forth in Section 2.7(b). 

“Event of Default” has the meaning set forth in Section 6.1. 

“Extended Maturity Date” means August 10, 2014. 

“Extension Fee” has the meaning set forth in Section 2.8(d). 

“Federal Funds Rate” means, for any day, the rate per annum (rounded upward, if necessary, to the nearest 1/100th of 1%)
equal to the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Domestic
Business Day next succeeding such day; provided that (i) if such day is not a Domestic Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Domestic Business Day as so published on the
next succeeding Domestic Business Day, and (ii) if no such rate is so published on such next succeeding Domestic Business Day, the Federal Funds Rate for such day shall be the average of the rates, quoted to the Administrative Agent from at
least three federal funds brokers of recognized standing selected by the Administrative Agent, on such day on such transactions as determined by the Administrative Agent. 

“Federal Reserve Board” means the Board of Governors of the Federal Reserve System as constituted from time to time.

  

 9 

 “FFO” means “funds from operations,” defined to mean net income
(or loss) (computed in accordance with GAAP), excluding gains (or losses) from debt restructurings and sales of properties, plus depreciation and amortization, after adjustments for Minority Holdings. Adjustments for Minority Holdings will be
calculated to reflect FFO on the same basis as above. 
 “Financeable Ground Lease” means either (x) a
ground lease reasonably satisfactory to the Required Banks, or (y) a ground lease which provides (i) for a remaining term of not less than 25 years (including options and renewals), (ii) that the ground lease will not be terminated
until any leasehold mortgagee shall have received notice of a default and has had a reasonable opportunity to cure the same or complete foreclosure, and has failed to do so, (iii) for a new lease on substantially the same terms to any leasehold
mortgagee recognized under such ground lease as tenant if the ground lease is terminated for any reason, (iv) for non-merger of the fee and leasehold estates, and (v) transferability of the tenant’s interest under the ground lease,
subject only to the landlord’s reasonable approval. Notwithstanding the foregoing, it is hereby agreed that the ground lease with respect to the Real Property Asset commonly known as “Kilroy Airport Center, Long Beach, California”,
shall be deemed to be a “Financeable Ground Lease”. 
 “Fitch” means Fitch, Inc. or any successor
thereto. 
 “FMV Cap Rate” means 7.75%. 

“Fronting Bank” shall mean JPMorgan Chase Bank, N.A. or such other Bank which Borrower is notified by the Administrative
Agent may be a Fronting Bank and which is designated by Borrower in its Notice of Borrowing as the Bank which shall issue a Letter of Credit with respect to such Notice of Borrowing. 

“GAAP” means generally accepted accounting principles in the United States recognized as such in the opinions and
pronouncements of the Accounting Principles Board and the American Institute of Certified Public Accountants and Board or in such other statements by such other entity as may be approved by a significant segment of the accounting profession within
the United States, which are applicable to the circumstances as of the date of determination. 
 “General
Partner” means Kilroy Realty Corporation, a Maryland corporation. 
 “Governmental Authority” means
any Federal, state or local government or any other political subdivision thereof or agency exercising executive, legislative, judicial, regulatory or administrative functions having jurisdiction over the Borrower or any Real Property Asset.

 “Group of Loans” means, at any time, a group of Loans consisting of (i) all Committed Loans which are
Base Rate Loans at such time, or (ii) all Committed Loans which are Euro-Dollar Loans having the same Interest Period at such time; provided that, if a Loan of any particular Bank is converted to or made as a Base Rate Loan pursuant to
Section 8.2 or 8.4, such Loan shall be included in the same Group or Groups of Loans from time to time as it would have been in if it had not been so converted or made. 

“Guaranty” means the Guaranty of Payment, of even date herewith, made by the General Partner. 

 

 10 

 “Indemnitee” has the meaning set forth in Section 9.3(b). 

“Interest Period” means: (i) with respect to each Euro-Dollar Borrowing, the period commencing on the date of such
Committed Borrowing or of any Notice of Interest Rate Election with respect to such Committed Borrowing and ending one, two, three, six or, if available from all of the Banks, nine or twelve months thereafter (or a period of seven (7) or
fourteen (14) days, not more frequently than twice in any calendar quarter, unless any Bank has previously advised the Administrative Agent and the Borrower that it does not accept, in its sole discretion, the Offered Rate), as the Borrower may
elect in the applicable Notice of Committed Borrowing or Notice of Interest Rate Election; provided that: 

(a) any Interest Period which would otherwise end on a day which is not a Euro-Dollar Business Day shall be extended to
the next succeeding Euro-Dollar Business Day unless such Euro-Dollar Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Euro-Dollar Business Day; 

(b) any Interest Period which begins on the last Euro-Dollar Business Day of a calendar month (or on a day for which there
is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Euro-Dollar Business Day of a calendar month; and 

(c) any Interest Period which would otherwise end after the Maturity Date shall end on the Maturity Date. 

(ii) with respect to each Base Rate Borrowing, the period commencing on the date of such Committed Borrowing or Notice of Interest Rate
Election and ending 30 days thereafter; provided that any Interest Period which would otherwise end on a day which is not a Domestic Business Day shall be extended to the next succeeding Domestic Business Day; and provided that any Interest
Period which would otherwise end after the Maturity Date shall end on the Maturity Date. 
 (iii) with respect to each Money
Market LIBOR Loan, the period commencing on the date of borrowing specified in the applicable Notice of Borrowing and ending one, two, three or, if available from all applicable Banks, six months thereafter, as the Borrower may elect in the
applicable Notice of Money Market Borrowing in accordance with Section 2.3; provided that: 
 (a) any
Interest Period which would otherwise end on a day which is not a Euro-Dollar Business Day shall be extended to the next succeeding Euro-Dollar Business Day unless such Euro-Dollar Business Day falls in another calendar month, in which case such
Interest Period shall end on the next preceding Euro-Dollar Business Day; 
 (b) any Interest Period which begins
on the last Euro-Dollar Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall, subject to clause (c) below, end on the last Euro-Dollar
Business Day of a calendar month; 
  

 11 

 (c) if any Interest Period includes a date on which a payment of principal
of Loans is required to be made under Section 2.10 but does not end on such date, then (i) the principal amount (if any) of each Money Market LIBOR Loan required to be repaid on such date and (ii) the remainder (if any) of each such
Money Market LIBOR Loan shall have an Interest Period determined as set forth above; and 
 (d) any Interest
Period which would otherwise end after the Maturity Date shall end on the Maturity Date. 
 (iv) with respect to each Money
Market Absolute Rate Loan, the period commencing on the date of borrowing specified in the applicable Notice of Borrowing and ending such number of days thereafter (but not less than 14 days nor more than 180 days) as the Borrower may elect in
accordance with Section 2.3; provided that: 
 (a) any Interest Period which would otherwise end on a
day which is not a Euro-Dollar Business Day shall be extended to the next succeeding Euro-Dollar Business Day; 

(b) if any Interest Period includes a date on which a payment of principal of Loans is required to be made under
Section 2.10 but does not end on such date, then (i) the principal amount (if any) of each Money Market Absolute Rate Loan required to be repaid on such date and (ii) the remainder (if any) of each such Money Market Absolute Rate Loan
shall have an Interest Period determined as set forth above; and 
 (c) any Interest Period which would otherwise
end after the Maturity Date shall end on the Maturity Date. 
 “Internal Revenue Code” means the Internal
Revenue Code of 1986, as amended, or any successor statute. 
 “IntraLinks” means an electronic service
provider that provides a secure means to post information via the internet, at all times accessible by the Administrative Agent and the Banks. 

“Investment Grade Rating” means a rating for a Person’s senior long-term unsecured debt, or if no such rating has
been issued, a “shadow” rating, of BBB- or better from S&P, and a rating or “shadow” rating of Baa3 or better from Moody’s or a rating or “shadow” rating equivalent to the foregoing from Fitch. Any such
“shadow” rating shall be evidenced by a letter from the applicable Rating Agency or by such other evidence as may be reasonably acceptable to the Administrative Agent (as to any such other evidence, the Administrative Agent shall present
the same to, and discuss the same with, the Banks). 
 “Joint Bookrunner” shall mean each of J.P. Morgan
Securities Inc. and Banc of America Securities LLC in their respective capacities as joint bookrunner, and their respective successors in such capacity. 
  

 12 

 “Joint Lead Arranger” shall mean each of J.P. Morgan Securities Inc. and
Banc of America Securities LLC in their respective capacities as joint lead arranger, and their respective successors in such capacity. 

“Letter(s) of Credit” has the meaning provided in Section 2.2(b). 

“Letter of Credit Collateral” has the meaning provided in Section 6.4. 

“Letter of Credit Collateral Account” has the meaning provided in Section 6.4. 

“Letter of Credit Documents” has the meaning provided in Section 2.17. 

“Letter of Credit Usage” means at any time the sum of (i) the aggregate maximum amount available to be drawn under
the Letters of Credit then outstanding, assuming compliance with all requirements for drawing referred to therein, and (ii) the aggregate amount of the Borrower’s unpaid obligations under this Agreement in respect of the Letters of Credit.

 “LIBOR Auction” means a solicitation of Money Market Quotes setting forth Money Market Margins based on the
London Interbank Offered Rate pursuant to Section 2.3. 
 “Lien” means, with respect to any asset, any
mortgage, lien, pledge, charge, security interest or encumbrance of any kind, or any other type of preferential arrangement that has the practical effect of creating a security interest, in respect of such asset. For the purposes of this Agreement,
each of the Borrower and any Subsidiary shall be deemed to own subject to a Lien any asset which it has acquired or holds subject to the interest of a vendor or lessor under any conditional sale agreement, capital lease or other title retention
agreement relating to such asset. 
 “Loan” means a Base Rate Loan, a Euro-Dollar Loan, a Money Market Loan or
a Swingline Loan and “Loans” means Base Rate Loans, Euro-Dollar Loans, Money Market Loans or Swingline Loans or any combination of the foregoing. 

“Loan Amount” means Five Hundred Million and 00/100 Dollars ($500,000,000) (as adjusted pursuant to Section 9.17).

 “Loan Documents” means this Agreement, the Notes, the Guaranty, the Letter(s) of Credit, the Letter of
Credit Documents and any related documents. 
 “London Interbank Offered Rate” has the meaning set forth in
Section 2.7(b). 
 “Mandatory Borrowing” has the meaning set forth in Section 2.18(b)(iii).

 “Margin Stock” shall have the meaning provided such term in Regulation U, Regulation T and Regulation X of
the Federal Reserve Board. 
 “Material Adverse Effect” means a material adverse effect upon (i) the
business, operations, properties or assets of the Borrower or (ii) the ability of the Borrower to perform its obligations hereunder in all material respects, including to pay interest and principal. 

 

 13 

 “Material of Environmental Concern” means and includes pollutants,
contaminants, hazardous wastes, and toxic, radioactive, caustic or otherwise hazardous substances, including petroleum, its derivatives, by-products and other hydrocarbons, or any substance having any constituent elements displaying any of the
foregoing characteristics. 
 “Material Plan” means at any time a Plan having aggregate Unfunded Liabilities in
excess of $5,000,000. 
 “Maturity Date” means either (a) the Original Maturity Date, or (b) the
Extended Maturity Date, if the extension option set forth in Section 2.9(a) has been exercised. 
 “Minority
Holdings” means partnerships, limited liability companies and corporations held or owned by the Borrower which are not consolidated with the Borrower on its financial statements. 

“Money Market Absolute Rate” has the meaning set forth in Section 2.3(d)(ii)(4). 

“Money Market Absolute Rate Loan” means a Loan to be made by a Bank pursuant to an Absolute Rate Auction. 

“Money Market Lending Office” means, as to each Bank, its Domestic Lending Office or such other office, branch or
affiliate of such Bank as it may hereafter designate as its Money Market Lending Office by notice to the Borrower and the Administrative Agent; provided that any Bank may from time to time by notice to the Borrower and the Administrative
Agent designate separate Money Market Lending Offices for its Money Market LIBOR Loans, on the one hand, and its Money Market Absolute Rate Loans, on the other hand, in which case all references herein to the Money Market Lending Office of such Bank
shall be deemed to refer to either or both of such offices, as the context may require. 
 “Money Market LIBOR
Loan” means a Loan to be made by a Bank pursuant to a LIBOR Auction (including such a loan bearing interest at the Base Rate pursuant to Section 2.3). 

“Money Market Loan” means a Money Market LIBOR Loan or a Money Market Absolute Rate Loan. 

“Money Market Margin” has the meaning set forth in Section 2.3(d)(ii)(3). 

“Money Market Quote” means an offer by a Bank to make a Money Market Loan in accordance with Section 2.3.

 “Money Market Quote Request” means a, invitation substantially in the form of Exhibit E hereto.

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

“Multiemployer Plan” means at any time an employee pension benefit plan within the meaning of Section 4001(a)(3) of
ERISA to which any member of the ERISA Group is then making or accruing an obligation to make contributions or has within the preceding five plan years made contributions, including for these purposes any Person which ceased to be a member of the
ERISA Group during such five year period. 
  

 14 

 “Net Offering Proceeds” means all cash received by the Borrower or the
General Partner as a result of the sale of common shares of beneficial interest, preferred shares of beneficial interest (including perpetual preferred), partnership interests, limited liability company interests, or other ownership or equity
interests in the Borrower or the General Partner (or evidence of indebtedness of the Borrower or the General Partner convertible into any of the foregoing) less customary costs and discounts of issuance paid by the Borrower or the General Partner,
as the case may be. 
 “New Acquisition” shall mean any Real Property Asset acquired after the date hereof.

 “Non-Recourse Debt” means Debt of the Borrower or the General Partner on a consolidated basis for which the
right of recovery of the obligee thereof is limited to recourse against the Real Property Assets securing such Debt (subject to such limited exceptions to the non-recourse nature of such Debt such as fraud, misappropriation, misapplication and
environmental indemnities, as are usual and customary in like transactions at the time of the incurrence of such Debt). 

“Notes” means, collectively, the promissory notes of the Borrower, each substantially in the form of Exhibit A
hereto, evidencing the obligation of the Borrower to repay the Loans, together with any Designated Lender Notes, and “Note” means any one of such promissory notes issued hereunder. 

“Notice of Borrowing” means a Notice of Committed Borrowing or a Notice of Money Market Borrowing. 

“Notice of Committed Borrowing” has the meaning set forth in Section 2.2. 

“Notice of Interest Rate Election” has the meaning set forth in Section 2.15(a). 

“Notice of Money Market Borrowing” has the meaning set forth in Section 2.3(f). 

“Obligations” means all obligations, liabilities and indebtedness of every nature of the Borrower from time to time
owing to any Bank under or in connection with this Agreement or any other Loan Document, including, without limitation, (i) the outstanding principal amount of the Committed Loans at such time, plus (ii) the Letter of Credit Usage at such
time, plus (iii) the outstanding principal amount of any Money Market Loans at such time. 
 “Offered
Rate” means a rate per annum quoted by the Administrative Agent, plus the Applicable Margin for Euro-Dollar Loans, for an Interest Period of seven (7) or fourteen (14) days. 

“Original Maturity Date” means August 10, 2013. 

“Other Taxes” has the meaning set forth in Section 8.4. 

 

 15 

 “Outstanding Balance” means the sum of (i) the aggregate outstanding
and unpaid principal balance of all Loans and (ii) the Letter of Credit Usage. 
 “Parent” means, with
respect to any Bank, any Person as to which such Bank is, directly or indirectly, a subsidiary. 

“Participant” has the meaning set forth in Section 9.6(b). 

“PBGC” means the Pension Benefit Guaranty Corporation or any entity succeeding to any or all of its functions under
ERISA. 
 “Permitted Liens” means (a) Liens in favor of the Borrower or the General Partner on all or any
part of the assets of Subsidiaries of the Borrower or the General Partner, as applicable, provided that (i) the Debt to which such Lien relates is held by the Borrower, (ii) such Debt is not otherwise pledged or encumbered, and
(iii) no more than 5% of the Unencumbered Asset Pool Properties Value may be subject to any such Liens; (b) Liens to secure the performance of statutory obligations, surety or appeal bonds, performance bonds, completion bonds, government
contracts or other obligations of a like nature, including Liens in connection with workers’ compensation, unemployment insurance and other types of statutory obligations or to secure the performance of tenders, bids, leases, contracts (other
than for the repayment of Debt) and other similar obligations incurred in the ordinary course of business; (c) Liens for taxes, assessments or governmental charges or claims that are not yet delinquent or that are being contested in good faith
by appropriate proceedings promptly instituted and diligently concluded; provided, that any reserve or other appropriate provision as shall be required in conformity with GAAP shall have been made therefor; (d) Liens on property of the
Borrower, the General Partner or any Subsidiary thereof in favor of the Federal or any state government to secure certain payments pursuant to any contract, statute or regulation; (e) easements (including, without limitation, reciprocal
easement agreements and utility agreements), rights of way, covenants, consents, reservations, encroachments, variations and zoning and other restrictions, charges or encumbrances (whether or not recorded), which do not interfere materially with the
ordinary conduct of the business of the Borrower, the General Partner or any Subsidiary thereof and which do not materially detract from the value of the property to which they attach or materially impair the use thereof by the Borrower, the General
Partner or any Subsidiary thereof; (f) statutory Liens of carriers, warehousemen, mechanics, suppliers, materialmen, repairmen or other Liens imposed by law and arising in the ordinary course of business, for sums due and payable which are not
then past due (or which, if past due, are being contested in good faith and with respect to which adequate reserves are being maintained to the extent required by GAAP); (g) Liens not otherwise permitted by this definition and incurred in the
ordinary course of business of any or all of the Borrower, the General Partner or any Subsidiary thereof with respect to obligations which do not exceed $500,000 in principal amount in the aggregate at any one time outstanding; and (h) the
interests of lessees and lessors under leases of real or personal property made in the ordinary course of business which would not have a Material Adverse Effect. 

“Person” means an individual, a corporation, a partnership, a limited liability company, an association, a trust or any
other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 
  

 16 

 “Plan” means at any time an employee pension benefit plan (other than a
Multiemployer Plan) which is covered by Title IV of ERISA or subject to the minimum funding standards under Section 412 of the Internal Revenue Code and either (i) is maintained, or contributed to, by any member of the ERISA Group for
employees of any member of the ERISA Group or (ii) has at any time within the preceding five years been maintained, or contributed to, by any Person which was at such time a member of the ERISA Group for employees of any Person which was at
such time a member of the ERISA Group. 
 “Prime Rate” means the rate of interest publicly announced by the
Administrative Agent in New York City from time to time as its Prime Rate. 
 “Quotation Date” has the meaning
set forth in Section 2.7(b). 
 “Rating Agencies” means, collectively, S&P, Moody’s and Fitch.

 “Real Property Assets” means as of any time, the real property assets owned directly or indirectly by the
Borrower, the General Partner and/or their Consolidated Subsidiaries at such time, and “Real Property Asset” means any one of them. 

“Recourse Debt” shall mean Debt of the Borrower, the General Partner or any Consolidated Subsidiary that is not
Non-Recourse Debt. 
 “Reference Bank” means the principal London offices of the Administrative Agent.

 “Regulation T” means Regulation T of the Board of Governors of the Federal Reserve System, as in effect from
time to time. 
 “Regulation U” means Regulation U of the Board of Governors of the Federal Reserve System, as
in effect from time to time. 
 “Regulation X” means Regulation X of the Board of Governors of the Federal
Reserve System, as in effect from time to time. 
 “Release” means any release, spill, emission, leaking,
pumping, pouring, dumping, emptying, deposit, discharge, leaching or migration. 
 “Required Banks” means, at
any time, Banks having at least fifty-one percent (51%) of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing at least fifty-one percent (51%) of the aggregate unpaid
principal amount of the Loans (provided, that in the case of Swingline Loans, the amount of each Bank’s funded participation interest in such Swingline Loans shall be considered for purposes hereof as if it were a direct loan and not a
participation interest, and the aggregate amount of Swingline Loans owing to the Swingline Lender shall be considered for purposes hereof as reduced by the amount of such funded participation interests); provided, however, that no Defaulting Lender
shall be permitted to vote on any matter requiring the vote of the Required Banks and for purposes of determining the Required Banks the Commitment of such Bank or the unpaid principal amount of Loan evidenced by Notes held by such Bank, as
applicable, shall not be counted. 
  

 17 

 “S&P” means Standard & Poor’s Ratings Service, a division
of The McGraw-Hill Companies, Inc., or any successor thereto. 
 “Secured Debt” means all Debt secured by a
Lien on real property. 
 “Separate Parcel” means a Real Property Asset that is a single, legally subdivided,
separately zoned parcel that can be legally transferred or conveyed separate and distinct from any other Real Property Asset without benefit of any other Real Property Asset. 

“Solvent” means, with respect to any Person, that the fair saleable value of such Person’s assets exceeds the Debts
of such Person. 
 “Subsidiary” means any corporation or other entity of which securities or other ownership
interests representing either (i) ordinary voting power to elect a majority of the board of directors or other persons performing similar functions or (ii) a majority of the economic interest therein, are at the time directly or indirectly
owned by the Borrower. 
 “Swingline Borrowing” has the meaning set forth in Section 1.3. 

“Swingline Commitment” has the meaning set forth in Section 2.18(a). 

“Swingline Lender” means JPMorgan Chase Bank, N.A., in its capacity as swingline lender hereunder, and its permitted
successors in such capacity in accordance with the terms of this Agreement. 
 “Swingline Loan” means a loan
made by the Swingline Lender pursuant to Section 2.18. 
 “Syndication Agent” means Bank of America, N.A.,
in its capacity as syndication agent for the Banks, and its successors in such capacity. 
 “Taxes” has the
meaning set forth in Section 8.4. 
 “Term” has the meaning set forth in Section 2.9(b). 

“Total Asset Value” means, the sum of (w) with respect to each Real Property Asset for which there is a valid
certificate of occupancy or a representation from the Borrower that it is legally permitted to occupy such Real Property Asset and is not less than 85% leased and occupied as of the last day of the applicable fiscal quarter, the quotient of
(i) Adjusted Annual EBITDA (calculated after giving effect to any required free rent periods by calculating the average cash rent over the term of the lease during such free rent periods) with respect thereto for the previous four
(4) consecutive quarters (or, if (A) owned for less than four (4) quarters, the Adjusted Annual EBITDA (calculated after giving effect to any required free rent periods by calculating the average cash rent over the term of the lease
during such free rent periods) for such period, annualized, or (B) 85% leased and occupied for less than a full fiscal 
  

 18 

 
quarter, the Adjusted Annual EBITDA (calculated after giving effect to any required free rent periods by calculating the average cash rent over the term of the lease during such free rent
periods) for the period so leased and occupied (whether or not owned for the previous four (4) fiscal quarters), annualized), including the quarter then ended, but less reserves for Capital Expenditures of (A)$0.30 per square foot per annum for
each Real Property Asset that is an office property, and (B) $0.15 per square foot per annum for each Real Property Asset that is an industrial property, divided by (ii) the FMV Cap Rate, (x) with respect to each Real Property Asset
for which there is a valid certificate of occupancy or a representation from the Borrower that it is lawfully permitted to occupy such Real Property Asset but which is or has been less than 85% leased or occupied for four full consecutive fiscal
quarters, an amount equal to 75% of the book value thereof, net of impairment charges, provided, however, that if any such Real Property Asset shall remain less than 85% leased or occupied for more than 24 consecutive months, then the value thereof
shall be equal to 50% of book value, (y) with respect to land and Development Properties, the lesser of (i) the cost actually paid by the Borrower, the General Partner or any of their Subsidiaries, and (ii) the market value, each as
determined in accordance with GAAP, of such land or Development Properties, and (z) Unrestricted Cash or Cash Equivalents of the Borrower, the General Partner and their Subsidiaries as of the date of determination. 

“Total Debt” means the sum of the balance sheet amount of all Debt of the Borrower, the General Partner and their
Consolidated Subsidiaries. Total Debt shall not be determined in accordance with GAAP, but instead shall be equal to the sum of the stated principal amount of each item of Debt. 

“Total Debt Ratio” means the ratio, as of the date of determination, of (i) the sum of (x) the Total Debt of
the Borrower, the General Partner and their Consolidated Subsidiaries and (y) the Borrower’s and the General Partner’s pro rata share of the Total Debt of any Minority Holdings of the Borrower or the General Partner to (ii) Total
Asset Value. 
 “Total Debt Service” means, as of the last day of each calendar quarter, an amount equal to the
sum of (i) interest (whether accrued, paid or capitalized) payable by Borrower on its Debt for the previous four consecutive quarters including the quarter then ended, plus (ii) scheduled payments of principal on such Debt, whether or not
paid by the Borrower (excluding balloon payments) for the previous four consecutive quarters including the quarter then ended, plus (iii) the Borrower’s and the General Partner’s pro rata share of the Total Debt Service of any
Minority Holdings of the Borrower or the General Partner. 
 “Unencumbered Asset Pool Net Operating Cash Flow”
means, as of any date of determination the Adjusted Annual EBITDA attributable to the Unencumbered Asset Pool Properties. Notwithstanding the foregoing, with respect to any Unencumbered Asset Pool Property owned by the Borrower, the General Partner
or any of their Consolidated Subsidiaries for a period of less four (4) fiscal quarters, Unencumbered Asset Pool Net Operating Cash Flow shall be determined in a manner consistent with the foregoing calculation utilizing annualized Adjusted
Annual EBITDA for the relevant period of the Borrower’s, the General Partner’s or any of their Consolidated Subsidiaries’ ownership of such Unencumbered Asset Pool Property. 

 

 19 

 “Unencumbered Asset Pool Properties” means, as of any date, the Real
Property Assets listed in Exhibit B attached hereto and made a part hereof, each of which is 100% owned in fee (or leasehold pursuant to a Financeable Ground Lease in the case of assets listed on Exhibit C as leaseholds), directly or
indirectly, by the Borrower and/or the General Partner, together with all Real Property Assets which have become part of the Unencumbered Asset Pool Properties as of such date, and, as to all of the foregoing, each of which is (i) either an
industrial property or primarily an office property which may have secondary uses or land or a Development Property which will be either an industrial or office property or a mortgage note, and (ii) not subject to any Lien (other than Permitted
Liens). 
 “Unencumbered Asset Pool Properties Value” means the sum of: 

(i) with respect to the Unencumbered Asset Pool Properties for which there is a valid certificate of occupancy or a representation from
the Borrower that it is legally permitted to occupy such Real Property Asset and which is not less than 85% leased and occupied as of the last day of the applicable fiscal quarter, the quotient of (x) the Unencumbered Asset Pool Net Operating
Cash Flow (calculated after giving effect to any required free rent periods by calculating the average cash rent over the term of the lease during such free rent periods) with respect thereto for the previous four (4) consecutive quarters (or
if (A) owned for less than four (4) quarters, the Unencumbered Asset Pool Net Operating Cash Flow (calculated after giving effect to any required free rent periods by calculating the average cash rent over the term of the lease during such
free rent periods) for such period, annualized, or (B) 85% leased and occupied for less than a full fiscal quarter, the Unencumbered Asset Pool Net Operating Cash Flow (calculated after giving effect to any required free rent periods by
calculating the average cash rent over the term of the lease during such free rent periods) for the period so leased and occupied (whether or not owned for the previous four (4) fiscal quarters), annualized), including the quarter then ended,
divided by (y) the FMV Cap Rate, provided, however, that if any such Unencumbered Asset Pool Property shall have been less than 85% leased and occupied for four (4) full consecutive fiscal quarters, then the value thereof shall be equal to
an amount equal to 75% of the book value thereof, net of impairment charges, provided, however, that if any such Real Property Asset shall remain less than 85% leased or occupied for more than 24 consecutive months, then the value thereof shall be
equal to 50% of book value; and 
 (ii) with respect to the Unencumbered Asset Pool Properties which are land or Development
Properties or mortgage notes, fifty percent (50%) of (A) in the case of land or Development Properties, the lesser of (A) the cost actually paid by the Borrower, the General Partner or any of their Subsidiaries, and (B) the
market value, each as determined in accordance with GAAP, of such land or Development Properties, and (B) in the case of mortgage notes, the book value thereof, determined in accordance with GAAP, provided that the value attributable to land,
Development Properties and mortgage notes, in the aggregate shall not at any time exceed 15% of Unencumbered Asset Pool Properties Value. 

“Unfunded Liabilities” means, with respect to any Plan at any time, the amount (if any) by which (i) the value of
all benefit liabilities under such Plan, determined on a plan termination basis using the assumptions prescribed by the PBGC for purposes of Section 4044 of ERISA, exceeds (ii) the fair market value of all Plan assets allocable to such
liabilities under Title IV of ERISA (excluding any accrued but unpaid contributions), all determined as of the 
  

 20 

 
then most recent valuation date for such Plan, but only to the extent that such excess represents a potential liability of a member of the ERISA Group to the PBGC or any other Person under Title
IV of ERISA. 
 “United States” means the United States of America, including the States and the District of
Columbia, but excluding its territories and possessions. 
 “Unrestricted Cash and Cash Equivalents” means Cash
and Cash Equivalents that is not subject to any pledge, lien or control agreement, less (i) $35,000,000, (ii) amounts normally and customarily set aside by Borrower for operating, capital and interest reserves, and (iii) amounts
placed with third parties as deposits or security for contractual obligations. 
 “Unsecured Debt” means Debt
not secured by a Lien on real property. 
 “Unsecured Debt Ratio” means, as of any date of determination, the
ratio of the Unencumbered Asset Pool Properties Value as of the date of determination to the aggregate amount of Unsecured Debt of the Borrower, the General Partner and their Consolidated Subsidiaries outstanding as of such date of determination.

 “Unsecured Debt Service” means, for any calendar quarter, the interest actually payable (or accrued) on the
Loans and all other Unsecured Debt. 
 “Unused Commitments” means an amount equal to all unadvanced funds
(other than unadvanced funds in connection with any construction loan) which any third party is obligated to advance to the Borrower or otherwise, pursuant to any Loan Document, written instrument or otherwise. 

Section 1.2 Accounting Terms and Determinations. Unless otherwise specified herein, all accounting terms used herein shall be
interpreted, all accounting determinations hereunder shall be made, and all financial statements required to be delivered hereunder shall be prepared in accordance with GAAP, applied on a basis consistent (except for changes concurred in by the
Borrower’s independent public accountants) with the most recent audited consolidated financial statements of the Borrower delivered to the Administrative Agent and the Banks; provided that, if the Borrower notifies the Administrative Agent and
the Banks that the Borrower wishes to amend any covenant in Article V to eliminate the effect of any change in GAAP on the operation of such covenant (or if the Administrative Agent notifies the Borrower that the Required Banks wish to amend Article
V for such purpose), then the Borrower’s compliance with such covenant shall be determined on the basis of GAAP in effect immediately before the relevant change in GAAP became effective, until either such notice is withdrawn or such covenant is
amended in a manner satisfactory to the Borrower and the Required Banks. 
 Section 1.3 Types of Borrowings. The
term “Borrowing” denotes the aggregation of Loans of one or more Banks to be made to the Borrower pursuant to Article II on the same date, all of which Loans are of the same type (subject to Article VIII) and, except in the case of Base
Rate Loans, Money Market Absolute Rate Loans and Swingline Loans, have the same Interest Period. Borrowings are classified for purposes of this Agreement either by reference to the pricing of Loans comprising such Borrowing (e.g., a
“Euro-Dollar Borrowing” is 
  

 21 

 
a Borrowing comprised of Euro-Dollar Loans) or by reference to the provisions of Article II under which participation therein is determined (i.e., a “Committed Borrowing” is a Borrowing
under Section 2.1 in which all Banks participate in proportion to their Commitments, while a “Money Market Borrowing” is a Borrowing under Section 2.3, and a “Swingline Borrowing” is a Borrowing under Section 2.18
in which only the Swingline Lender participates (subject to the provisions of said Section 2.18)). 
 ARTICLE II 

 THE CREDITS 

Section 2.1 Commitments to Lend. Each Bank severally agrees, on the terms and conditions set forth in this Agreement, to make
Committed Loans to the Borrower and participate in Letters of Credit issued by the Fronting Bank on behalf of the Borrower pursuant to this Section from time to time during the Term in amounts such that the aggregate principal amount of Committed
Loans by such Bank at any one time outstanding plus such Bank’s pro rata share of Swingline Loans outstanding together with such Bank’s pro rata share of the Letter of Credit Usage shall not exceed the amount of its Commitment. The
aggregate amount of Committed Loans to be made hereunder together with the Letter of Credit Usage and outstanding Money Market Loans shall not exceed the Loan Amount. Each Borrowing under this subsection (a) shall be in an aggregate principal
amount of at least $2,500,000, or an integral multiple of $500,000 in excess thereof and, other than with respect to Money Market Loans and Swingline Loans, shall be made from the several Banks ratably in proportion to their respective Commitments.
Subject to the limitations set forth herein, any amounts repaid may be reborrowed. 
 Section 2.2 Notice of Committed
Borrowing. (a) The Borrower shall give the Administrative Agent notice (a “Notice of Committed Borrowing”) not later than 2:00 p.m. (New York City time) (x) one Domestic Business Day before each Base Rate Borrowing,
(y) three (3) Euro-Dollar Business Days before each Euro-Dollar Borrowing, or (z) three (3) Domestic Business Days before each Borrowing bearing interest at the Offered Rate, specifying: 

(1) the date of such Borrowing, which shall be a Domestic Business Day in the case of a Domestic Borrowing or a Borrowing
bearing interest at the Offered Rate or a Euro-Dollar Business Day in the case of a Euro-Dollar Borrowing, 
 (2)
the aggregate amount of such Borrowing, 
 (3) whether the Loans comprising such Borrowing are to be Base Rate
Loans, Loans bearing interest at the Offered Rate or Euro-Dollar Loans, 
 (4) in the case of a Euro-Dollar
Borrowing, the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest Period, 
  

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 (5) the intended use for the proceeds of such Borrowing, and 

(6) that no Default or Event of Default has occurred or is continuing. 

Notwithstanding the time frame set forth in clause (a)(x) above, in the event that the Money Market Quotes submitted by the Banks pursuant to
Section 2.3(c) below are, in the aggregate, in an amount less than the principal amount requested by the Borrower in the related Money Market Quote Request, then the Borrower shall be permitted to give the Administrative Agent notice of its
intent to make a Base Rate Borrowing, in the amount of the difference between accepted Money Market Quotes and the principal amount requested by Borrower in the related Money Market Quote Request, no later than 2:30 p.m. (New York City time) on the
date of such Borrowing. 
 (b) Borrower shall give the Administrative Agent, and the designated Fronting Bank, written notice in
the event that it desires to have Letters of Credit (each, a “Letter of Credit”) issued hereunder no later than 2:00 p.m., New York City time, at least four (4) Domestic Business Days prior to the date of such issuance. Each
such notice shall specify (i) the designated Fronting Bank, (ii) the aggregate amount of the requested Letters of Credit, (iii) the individual amount of each requested Letter of Credit and the number of Letters of Credit to be issued,
(iv) the date of such issuance (which shall be a Domestic Business Day), (v) the name and address of the beneficiary, (vi) the expiration date of the Letter of Credit (which in no event shall be later than twelve (12) months
after the issuance of such Letter of Credit or the Maturity Date, whichever is earlier), (vii) the purpose and circumstances for which such Letter of Credit is being issued and (viii) the terms upon which each such Letter of Credit may be
drawn down (which terms shall not leave any discretion to Fronting Bank). Each such notice may be revoked telephonically by the Borrower to the applicable Fronting Bank and the Administrative Agent any time prior to the date of issuance of the
Letter of Credit by the applicable Fronting Bank, provided such revocation is confirmed in writing by the Borrower to the Fronting Bank and the Administrative Agent within one (1) Domestic Business Day by facsimile. No later than 2:00 p.m., New
York City time, on the date that is four (4) Domestic Business Days prior to the date of issuance, the Borrower shall specify a precise description of the documents and the verbatim text of any certificate to be presented by the beneficiary of
such Letter of Credit, which if presented by such beneficiary prior to the expiration date of the Letter of Credit would require the Fronting Bank to make a payment under the Letter of Credit; provided, that Fronting Bank may, in its
reasonable judgment, require changes in any such documents and certificates only in conformity with changes in customary and commercially reasonable practice or law and, provided further, that no Letter of Credit shall require payment against
a conforming draft to be made thereunder on the following Domestic Business Day that such draft is presented if such presentation is made later than 10:00 A.M. New York City time (except that if the beneficiary of any Letter of Credit requests at
the time of the issuance of its Letter of Credit that payment be made on the same Domestic Business Day against a conforming draft, such beneficiary shall be entitled to such a same day draw, provided such draft is presented to the applicable
Fronting Bank no later than 10:00 A.M. New York City time and provided further the Borrower shall have requested to the Fronting Bank and the Administrative Agent that such beneficiary shall be entitled to a same day draw). In determining whether to
pay on such Letter of Credit, the Fronting Bank shall be responsible only to determine that the documents and certificates required to be delivered under the Letter of Credit have been delivered and that they comply on their face with the
requirements of that Letter of Credit. 
  

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 Section 2.3 Money Market Borrowings. 

(a) The Money Market Option. In addition to Committed Borrowings pursuant to Section 2.1, at such time as the Borrower’s
Credit Rating is an Investment Grade Rating from at least two Rating Agencies, one of which shall be S&P or Moody’s, the Borrower may, as set forth in this Section 2.3, request the Banks during the Term to make offers to make Money
Market Loans to the Borrower, not to exceed, at such time, the lesser of (i) the aggregate Commitments less the Outstanding Balance, and (ii) 50% of the aggregate Commitments. The Banks may, but shall have no obligation to, make such
offers and the Borrower may, but shall have no obligation to, accept any such offers in the manner set forth in this Section. 

(b) Money Market Quote Request. When the Borrower wishes to request offers to make Money Market Loans under this Section, it shall
transmit to the Administrative Agent by telex or facsimile transmission a Money Market Quote Request substantially in the form of Exhibit E hereto so as to be received not later than 2:00 p.m. (New York City time) on (x) the fourth
Euro-Dollar Business Day prior to the date of Borrowing proposed therein, in the case of a LIBOR Auction, or (y) the Domestic Business Day next preceding the date of Borrowing proposed therein, in the case of an Absolute Rate Auction (or, in
either case, such other time or date as the Borrower and the Administrative Agent shall have mutually agreed and shall have notified to the Banks not later than the date of the Money Market Quote Request for the first LIBOR Auction or Absolute Rate
Auction for which such change is to be effective) specifying: 
 (i) the proposed date of Borrowing, which shall
be a Euro-Dollar Business Day in the case of a LIBOR Auction or a Domestic Business Day in the case of an Absolute Rate Auction, 

(ii) the aggregate amount of such Borrowing, which shall be $10,000,000 or a larger multiple of $500,000, 

(iii) the duration of the Interest Period applicable thereto, subject to the provisions of the definition of Interest
Period, and 
 (iv) whether the Money Market Quotes requested are to set forth a Money Market Margin or a Money
Market Absolute Rate. 
 The Borrower may request offers to make Money Market Loans for more than one Interest Period in a single Money Market
Quote Request. No Money Market Quote Request shall be given within thirty days (or such other number of days as the Borrower and the Administrative Agent may agree) of any other Money Market Quote Request. 

(c) Invitation for Money Market Quotes. Promptly upon receipt of a Money Market Quote Request, the Administrative Agent shall send
to the Banks by telex or facsimile transmission an Invitation for Money Market Quotes substantially in the form of Exhibit F hereto, which shall constitute an invitation by the Borrower to each Bank to submit Money Market Quotes offering to
make the Money Market Loans to which such Money Market Quote Request relates in accordance with this Section 2.3. 
  

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 (d) Submission and Contents of Money Market Quotes. (i) Each Bank may submit a
Money Market Quote containing an offer or offers to make Money Market Loans in response to any Invitation for Money Market Quote Request. Each Money Market Quote must comply with the requirements of this subsection (d) and must be submitted to
the Administrative Agent by telex or facsimile transmission at its offices specified in or pursuant to Section 9.1 not later than (x) 10:00 a.m. (New York City time) on the third Euro-Dollar Business Day prior to the proposed date of
Borrowing, in the case of a LIBOR Auction, or (y) 10:00 a.m. (New York City time) on the proposed date of Borrowing, in the case of an Absolute Rate Auction (or, in either case, such other time or date as the Borrower and the Administrative
Agent shall have mutually agreed and shall have notified to the Banks not later than the date of the Money Market Quote Request for the first LIBOR Auction or Absolute Rate Auction for which such change is to be effective); provided that
Money Market Quotes submitted by the Administrative Agent (or any affiliate of the Administrative Agent) in the capacity of a Bank may be submitted, and may only be submitted, if the Administrative Agent or such affiliate notifies the Borrower of
the terms of the offer or offers contained therein not later than thirty (30) minutes prior to the applicable deadline for the other Banks. Subject to Articles III and VI, any Money Market Quote so made shall be irrevocable except with the
written consent of the Administrative Agent given on the instructions of the Borrower. Such Money Market Loans may be funded by such Bank’s Designated Lender (if any) as provided in Section 9.6(d); however such Bank shall not be required
to specify in its Money Market Quote whether such Money Market Loans will be funded by such Designated Lender. 

(ii) Each Money Market Quote shall be in substantially the form of Exhibit G hereto and shall in any case specify:

 (1) the proposed date of Borrowing, 

(2) the principal amount of the Money Market Loan for which each such offer is being made, which principal amount
(w) may be greater than or less than the Commitment of the quoting Bank, (x) must be $10,000,000 or a larger multiple of $500,000, (y) may not exceed the principal amount of Money Market Loans for which offers were requested and
(z) may be subject to an aggregate limitation as to the principal amount of Money Market Loans for which offers being made by such quoting Bank may be accepted, 

(3) in the case of a LIBOR Auction, the margin above or below the applicable London Interbank Offered Rate (the
“Money Market Margin”) offered for each such Money Market Loan, expressed as a percentage (specified to the nearest 1/10,000th of 1%) to be added to or subtracted from such base rate, 

(4) in the case of an Absolute Rate Auction, the rate of interest per annum (specified to the nearest 1/10,000th of 1%)
(the “Money Market Absolute Rate”) offered for each such Money Market Loan, and 
  

 25 

 (5) the identity of the quoting Bank. 

A Money Market Quote may set forth up to five separate offers by the quoting Bank with respect to each Interest Period specified in the related Money
Market Quote Request. 
 (iii) Any Money Market Quote shall be disregarded if it: 

(1) is not substantially in conformity with Exhibit G hereto or does not specify all of the information required by
subsection (d)(ii) above; 
 (2) contains qualifying, conditional or similar language; 

(3) proposes terms other than or in addition to those set forth in the applicable Invitation for Money Market Quotes; or

 (4) arrives after the time set forth in subsection (d)(i). 

(e) Notice to Borrower. The Administrative Agent shall promptly notify the Borrower (x) with respect to each Money Market
Quote submitted in accordance with subsection (d), of the terms of such Money Market Quote and the identity of the Bank submitting such Money Market Quote and (y) of any Money Market Quote that amends, modifies or is otherwise inconsistent with
a previous Money Market Quote submitted by such Bank with respect to the same Money Market Quote Request. Any such subsequent Money Market Quote shall be disregarded by the Administrative Agent unless such subsequent Money Market Quote is submitted
solely to correct a manifest error in such former Money Market Quote. The Administrative Agent’s notice to the Borrower shall specify (A) the aggregate principal amount of Money Market Loans for which offers have been received for each
Interest Period specified in the related Money Market Quote Request, (B) the respective principal amounts and Money Market Margins or Money Market Absolute Rates, as the case may be, so offered and (C) if applicable, limitations on the
aggregate principal amount of Money Market Loans for which offers in any single Money Market Quote may be accepted. 
 (f)
Acceptance and Notice by Borrower. Not later than 1:00 p.m. (New York City time) on (x) the third Euro-Dollar Business Day prior to the proposed date of Borrowing, in the case of a LIBOR Auction, or (y) the proposed date of
Borrowing, in the case of an Absolute Rate Auction (or, in either case, such other time or date as the Borrower and the Administrative Agent shall have mutually agreed and shall have notified to the Banks not later than the date of the Money Market
Quote Request for the first LIBOR Auction or Absolute Rate Auction for which such change is to be effective), the Borrower shall notify the Administrative Agent of its acceptance or non-acceptance of the offers so notified to it pursuant to
subsection (e). In the case of acceptance, such notice (a “Notice of Money Market Borrowing”) shall specify the aggregate principal amount of offers for each Interest Period that are accepted. The Borrower may accept any Money
Market Quote in whole or in part; provided that: 
 (i) the aggregate principal amount of each Money Market
Borrowing may not exceed the applicable amount set forth in the related Money Market Quote Request; 
  

 26 

 (ii) the principal amount of each Money Market Borrowing must be $10,000,000
or a larger multiple of $500,000; 
 (iii) acceptance of offers may only be made on the basis of ascending Money
Market Margins or Money Market Absolute Rates, as the case may be; and 
 (iv) the Borrower may not accept any
offer that is described in subsection (d)(iii) or that otherwise fails to comply with the requirements of this Agreement. 
 (g)
Allocation by Administrative Agent. If offers are made by two or more Banks with the same Money Market Margins or Money Market Absolute Rates, as the case may be, for a greater aggregate principal amount than the amount in respect of which
such offers are accepted for the related Interest Period, the principal amount of Money Market Loans in respect of which such offers are accepted shall be allocated by the Administrative Agent among such Banks as nearly as possible (in multiples of
$500,000, as the Administrative Agent may deem appropriate) in proportion to the aggregate principal amounts of such offers. Determinations by the Administrative Agent of the amounts of Money Market Loans shall be conclusive in the absence of
manifest error. 
 (h) Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market
Borrowing in accordance with Section 2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Bank of the principal amount of the Money Market
Borrowing accepted by the Borrower and of such Bank’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Bank who is notified that it has been selected to
make a Money Market Loan may designate its Designated Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 9.6(d). Any Designated Lender which funds a Money Market Loan shall on and after the time of such
funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Lender shall assume such obligation, prior to the
time the applicable Money Market Loan is funded. 
 Section 2.4 Notice to Banks; Funding of Loans. 

(a) Upon receipt of a Notice of Committed Borrowing, the Administrative Agent shall notify each Bank on the same day as it receives the
Notice of Committed Borrowing of the contents thereof and of such Bank’s share of such Borrowing and such Notice of Committed Borrowing shall not thereafter be revocable by the Borrower. 

(b) Not later than 2:00 P.M. (New York City time) on the date of each Committed Borrowing, each Bank shall make available its share of
such Committed Borrowing, in Federal or other funds immediately available in New York City, to the Administrative Agent at its address referred to in Section 9.1. The Administrative Agent will make the funds so received from the Banks available
to the Borrower at the Administrative Agent’s aforesaid address. If the Borrower has requested the issuance of a Letter of Credit, no later than 12:00 

 

 27 

 
Noon (New York City time) on the date of such issuance as indicated in the notice delivered pursuant to Section 2.2(b), the Fronting Bank shall issue such Letter of Credit in the amount so
requested and deliver the same to the Borrower with a copy thereof to the Administrative Agent. At the request of any Bank, the Administrative Agent promptly shall deliver copies thereof to such Bank. Immediately upon the issuance of each Letter of
Credit by the Fronting Bank, such Fronting Bank shall be deemed to have sold and transferred to each other Bank, and each such other Bank shall be deemed, and hereby agrees, to have irrevocably and unconditionally purchased and received from the
Fronting Bank, without recourse or warranty, an undivided interest and a participation in such Letter of Credit, any drawing thereunder, and the obligations of the Borrower hereunder with respect thereto, and any security therefor or guaranty
pertaining thereto, in an amount equal to such Bank’s ratable share thereof (based upon the ratio its Commitment bears to the aggregate of all Commitments). Upon any change in any of the Commitments in accordance herewith, there shall be an
automatic adjustment to such participations to reflect such changed shares. The Fronting Bank shall have the primary obligation to fund any and all draws made with respect to such Letter of Credit notwithstanding any failure of a participating Bank
to fund its ratable share of any such draw. Unless the Administrative Agent determines that any applicable condition specified in Article III has not been satisfied, the Administrative Agent will instruct the Fronting Bank to make such Letter of
Credit available to the Borrower and the Fronting Bank shall make such Letter of Credit available to the Borrower at the Borrower’s aforesaid address or at such address in the United States as Borrower shall request on the date of the
Borrowing. 
 (c) Not later than 3:00 p.m. (New York City time) on the date of each Swingline Borrowing as indicated in the
applicable Notice of Borrowing, the Swingline Lender shall make available such Swingline Borrowing in Federal funds immediately available in New York, New York to the Administrative Agent at its address referred to in Section 9.1. 

(d) Unless the Administrative Agent shall have received notice from a Bank prior to the date of any Borrowing that such Bank will not
make available to the Administrative Agent such Bank’s share of such Borrowing, the Administrative Agent may assume that such Bank has made such share available to the Administrative Agent on the date of such Borrowing in accordance with
subsection (b) of this Section 2.4 and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If and to the extent that such Bank shall not have so made such
share available to the Administrative Agent, such Bank and the Borrower severally agree to repay to the Administrative Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made
available to the Borrower until the date such amount is repaid to the Administrative Agent, at (i) in the case of the Borrower, a rate per annum equal to the higher of the Federal Funds Rate and the interest rate applicable thereto pursuant to
Section 2.7 and (ii) in the case of such Bank, the Federal Funds Rate. If such Bank shall repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Bank’s Loan included in such Borrowing
for purposes of this Agreement. 
  

 28 

 Section 2.5 Notes. 

(a) At the request of any Bank, its Loans shall be evidenced by the Notes, each of which shall be payable to the order of each applicable
Bank for the account of its Applicable Lending Office in an amount equal to each such Bank’s Commitment. 
 (b) Each Bank
may, by notice to the Borrower and the Administrative Agent, request that its Loans of a particular type be evidenced by a separate Note in an amount equal to the aggregate unpaid principal amount of such Bank’s Loans of such type. Each such
Note shall be in substantially the form of Exhibit A hereto, with appropriate modifications to reflect the fact that it evidences solely Loans of the relevant type for such Bank. Each reference in this Agreement to the “Note”
of such Bank shall be deemed to refer to and include any or all of such Notes, as the context may require. 
 (c) Upon receipt
of each Bank’s Note, the Administrative Agent shall forward such Note to such Bank. Each Bank shall record the date, amount, type and maturity of each Loan made by it and the date and amount of each payment of principal made by the Borrower
with respect thereto, and may, if such Bank so elects in connection with any transfer or enforcement of its Note, endorse on the schedule forming a part thereof appropriate notations to evidence the foregoing information with respect to each such
Loan then outstanding; provided that the failure of any Bank to make any such recordation or endorsement shall not affect the obligations of the Borrower hereunder or under the Notes. Each Bank is hereby irrevocably authorized by the Borrower
so to endorse its Note and to attach to and make a part of its Note a continuation of any such schedule as and when required. 

(d) There shall be no more than ten (10) Euro-Dollar Borrowings outstanding at any one time pursuant to this Agreement. 

Section 2.6 Maturity of Loans. The Loans, except as otherwise provided herein with respect to Swingline Loans, shall mature,
and the principal amount thereof shall be due and payable, on the Maturity Date. Swingline Loans shall mature, and the principal amount thereof shall be due and payable, in accordance with Section 2.18(b)(iii). 

Section 2.7 Interest Rates. 

(a) Each Base Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made
until it becomes due, at a rate per annum equal to the sum of the Applicable Margin for Base Rate Loans plus the Base Rate for such day. Such interest shall be payable in arrears for each Interest Period on the last day thereof. 

(b) Each Euro-Dollar Loan shall bear interest on the outstanding principal amount thereof, for each day during the Interest Period
applicable thereto, at a rate per annum equal to the sum of the Applicable Margin for Euro-Dollar Loans plus the Adjusted London Interbank Offered Rate for such day. Such interest shall be payable in arrears for each Interest Period on the last day
thereof and, if such Interest Period is longer than three months, at intervals of three months after the first day thereof. 
  

 29 

 “Adjusted London Interbank Offered Rate” applicable to any Interest Period
means a rate per annum equal to the quotient obtained (rounded upward, if necessary, to the next higher 1/100 of 1%) by dividing (i) the applicable London Interbank Offered Rate by (ii) 1.00 minus the Euro-Dollar Reserve Percentage.

 “Euro-Dollar Reserve Percentage” means for any day that percentage (expressed as a decimal) which is in
effect on such day, as prescribed by the Board of Governors of the Federal Reserve System (or any successor) for determining the maximum reserve requirement for a member bank of the Federal Reserve System in New York City with deposits exceeding
five billion dollars in respect of “Eurocurrency liabilities” (or in respect of any other category of liabilities which includes deposits by reference to which the interest rate on Euro-Dollar Loans is determined or any category of
extensions of credit or other assets which includes loans by a non-United States office of any Bank to United States residents). The Adjusted London Interbank Offered Rate shall be adjusted automatically on and as of the effective date of any change
in the Euro-Dollar Reserve Percentage. 
 The “London Interbank Offered Rate” applicable to a particular
Interest Period shall mean a rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by the
Administrative Agent from time to time) for Dollar deposits with maturities comparable to such Interest Period as of 11:00 a.m., London time, on the Quotation Date; provided, however, if such rate is not available at such time for any
reason, the “London Interbank Offered Rate” applicable to a particular Interest Period shall mean a rate per annum equal to the rate at which Dollar deposits in an amount approximately equal to the applicable Euro-Dollar Loan(s), and with
maturities comparable to the last day of the Interest Period with respect to which such London Interbank Offered Rate is applicable, are offered in immediately available funds in the London Interbank Market to the London office of the Administrative
Agent by leading banks in the Eurodollar market at 11:00 a.m., London time on the Quotation Date. 
 The “Quotation
Date” means, in relation to any period for which an interest rate is to be determined, two (2) Euro-Dollar Business Days before the first day of that period, unless market practice differs in the relevant interbank market for a
currency, in which case the Quotation Date for that currency will be determined by the Administrative Agent in accordance with market practice in the London interbank market (and if quotations would normally be given by leading banks in the London
interbank market on more than one day, the Quotation Date will be the last of those days). 
 (c) Subject to Section 8.1,
each Money Market LIBOR Loan shall bear interest on the outstanding principal amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the sum of the London Interbank Offered Rate for such Interest Period (determined
in accordance with Section 2.7(b) as if the related Money Market LIBOR Borrowing were a Committed Euro-Dollar Borrowing) plus (or minus) the Money Market Margin quoted by the Bank making such Loan in accordance with Section 2.3. Each Money
Market Absolute Rate Loan shall bear interest on the outstanding principal amount thereof, for the Interest Period applicable thereto, at a rate per annum equal to the Money Market Absolute Rate quoted by the Bank making such Loan in accordance with
Section 2.3. Such interest shall be payable for each Interest Period on the last day thereof and, if such Interest Period is longer than 3 months, at intervals of 3 months after the first day thereof. 

 

 30 

 (d) Interest on all Loans bearing interest at the Offered Rate shall be payable for each
applicable Interest Period on the last day thereof. 
 (e) In the event that, and for so long as, any Event of Default shall
have occurred and be continuing, the outstanding principal amount of the Loans, and, to the extent permitted by law, overdue interest in respect of all Loans, shall bear interest at the annual rate of the sum of the Base Rate and two percent (2%).

 (f) The Administrative Agent shall determine each interest rate applicable to the Loans hereunder. The Administrative Agent
shall give prompt notice to the Borrower and the Banks of each rate of interest so determined, and its determination thereof shall be conclusive in the absence of manifest error. 

(g) The Reference Bank agrees to use its best efforts to furnish quotations to the Administrative Agent as contemplated by this Section.
If the Reference Bank does not furnish a timely quotation, the provisions of Section 8.1 shall apply. 
 Section 2.8
Fees. 
 (a) Facility Fee. 

(i) During the Term, the Borrower shall pay to the Administrative Agent for the account of the Banks ratably in proportion
to their respective Commitments, a facility fee on the full Loan Amount at the respective percentages per annum based upon the Borrower’s Credit Rating in accordance with the following table: 

 

			
	Borrower’s Credit Rating	  	Facility Fee
	
<BBB-/Baa3 or unrated
	  	.700%
	
BBB-/Baa3
	  	.575%
	 BBB/Baa2

	  	.450%
	
BBB+/Baal
	  	.400%
	 A-/A3 or
better
	  	.350%

(ii) The facility fee shall be payable at all times (quarterly in arrears), irrespective of usage, on each
January 1, April 1, July 1, and October 1 during the Term and any extensions thereof. Any change in the Borrower’s Credit Rating causing it to move into a different range on the table shall effect an immediate
change in the applicable percentage per annum. If the Borrower (or General Partner) has only two ratings, it will be the higher of the two. In the event that the ratings are more than one level apart, the median rating will be used. If the Borrower
has three ratings and such ratings are split, then, if the difference between the highest and lowest is one level apart, it will be the highest of the three, but if the difference is more than one level, the rating will be the average of the two
highest (or if such average is not a recognized category, then the second highest rating will be used). 
  

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 (b) Letter of Credit Fee. During the Term, the Borrower shall pay to the
Administrative Agent, for the account of the Banks in proportion to their interests in respect of undrawn issued Letters of Credit, a fee (a “Letter of Credit Fee”) in an amount, provided that no Event of Default shall have occurred
and be continuing, equal to a rate per annum equal to the Applicable Margin with respect to Euro-Dollar Loans on the daily average of such issued and undrawn Letters of Credit, which fee shall be payable, in arrears, on each
January 1, April 1, July 1 and October 1 during the Term. From the occurrence, and during the continuance, of an Event of Default, such fee shall be increased to be equal to two percent (2%) per annum on the daily
average of such issued and undrawn Letters of Credit. 
 (c) Fronting Bank Fee. The Borrower shall pay any Fronting Bank,
for its own account, a fee (a “Fronting Bank Fee”) at a rate per annum equal to .25% of the issued and undrawn amount of such Letter of Credit, which fee shall be in addition to and not in lieu of, the Letter of Credit Fee. The
Fronting Bank Fee shall be payable in arrears on each January 1, April 1, July 1 and October 1 during the Term. 

(d) Extension Fee. If the Borrower elects to extend the term of the Commitments in accordance with Section 2.9(a), the
Borrower shall pay to the Administrative Agent no later than the Original Maturity Date for the account of the Banks in proportion to their interests, a fee (the “Extension Fee”) in an amount equal to 0.35% of the aggregate
Commitments at such time. 
 (e) Fees Non-Refundable. All fees set forth in this Section 2.8 shall be deemed to have
been earned on the date payment is due in accordance with the provisions hereof and shall be non-refundable. The obligation of the Borrower to pay such fees in accordance with the provisions hereof shall be binding upon the Borrower and shall inure
to the benefit of the Administrative Agent and the Banks regardless of whether any Loans are actually made. 
 Section 2.9
Extended Maturity Date; Mandatory Termination. (a) The Borrower shall have one (1) option to extend the Original Maturity Date to the Extended Maturity Date, exercisable only as provided below and subject to satisfaction of the
following conditions: 
 (i) the Borrower shall have delivered to the Administrative Agent a written request for
such extension at least thirty (30) days, but not more than one hundred twenty (120) days, prior to the Original Maturity Date (and the Administrative Agent shall forward to each Bank a copy of such request promptly upon receipt thereof);

 (ii) no Default or Event of Default shall exist on the date of such written request from the Borrower and on
the Original Maturity Date; and 
 (iii) the Borrower shall have paid the Extension Fee payable under
Section 2.8(d). 
 (b) The term (the “Term”) of the Commitments shall terminate and expire, and the
Borrower shall return or cause to be returned all Letters of Credit to the Fronting Bank, on the Maturity Date. 
  

 32 

 Section 2.10 Mandatory Prepayment. (a) In the event that an Unencumbered
Asset Pool Property (or any Separate Parcel that originally formed a part of an Unencumbered Asset Pool Property) is sold, transferred or released from the restrictions of Section 5.11 hereof, the Borrower shall, simultaneously with such sale,
transfer or release, prepay the Loans in an amount equal to 100% of the net proceeds of such sale or transfer, in the event of a sale or transfer, or such lesser amount as shall be required for the Borrower to remain in compliance with this
Agreement, in the event of such a sale, transfer or release. Notwithstanding the foregoing, a simultaneous like-kind exchange under Section 1031 of the Internal Revenue Code will not be subject to the provisions of this Section 2.10(a),
provided that the exchanged property has qualified as a New Acquisition and any cash “boot” associated therewith shall be applied to prepayment of the Loans or such lesser amount of such cash “boot” as shall be required for the
Borrower to remain in compliance with this Agreement. Sale of an Unencumbered Asset Pool Property (or any Separate Parcel that originally formed a part of a Unencumbered Asset Pool Property) in violation of this Section 2.10 shall constitute an
Event of Default. 
 (b) In the event that the Unsecured Debt Ratio is not maintained as of the last day of a calendar quarter,
either (i) the Borrower will add a Real Property Asset to the Unencumbered Asset Pool Properties in accordance with this Agreement which, on a pro forma basis (i.e. the Unsecured Debt Ratio shall be recalculated to include
such Real Property Asset as though the same had been an Unencumbered Asset Pool Property for the entire applicable period) would result in compliance with the Unsecured Debt Ratio, or (ii) the Borrower shall prepay to the Administrative Agent,
for the account of the Banks, an amount necessary to cause the Unsecured Debt Ratio to be in compliance within ninety (90) days of the date on which the Unsecured Debt Ratio failed to be maintained. Failure by the Borrower to comply with the
Unsecured Debt Ratio within ninety (90) days of the date of such non-compliance shall be an Event of Default. 

Section 2.11 Optional Prepayments. 

(a) The Borrower may, upon at least one Domestic Business Day’s notice to the Administrative Agent, prepay to the Administrative
Agent, for the account of the Banks, any Base Rate Borrowing or Loans bearing interest at the Offered Rate in whole at any time, or from time to time in part in amounts aggregating One Million Dollars ($1,000,000), or an integral multiple of One
Million Dollars ($1,000,000) in excess thereof or, if less, the outstanding principal balance, by paying the principal amount to be prepaid together with accrued interest thereon to the date of prepayment. The Borrower may, from time to time on any
Domestic Business Day so long as prior notice is given to the Administrative Agent and the Swingline Lender no later than 1:00 p.m. (New York City time) on the day on which the Borrower intends to make such prepayment, prepay any Swingline Loans in
whole or in part in amounts aggregating $100,000 or a higher integral multiple of $100,000 (or, if less, the aggregate outstanding principal amount of all Swingline Loans then outstanding) by paying the principal amount to be prepaid together with
accrued interest thereon to the date of prepayment. Each such optional prepayment shall be applied to prepay ratably the Loans of the several Banks (or the Swingline Lender in the case of Swingline Loans) included in such Borrowing. 

(b) Except as provided in Section 8.2, the Borrower may not prepay all or any portion of the principal amount of any Euro-Dollar
Loan prior to the maturity thereof unless the 
  

 33 

 
Borrower shall also pay any applicable expenses pursuant to Section 2.13. Any such prepayment shall be upon at least three (3) Euro-Dollar Business Days’ notice to the
Administrative Agent. Any notice of prepayment delivered pursuant to this Section 2.11(b) shall set forth the amount of such prepayment which is applicable to any Loan made for working capital purposes. Each such optional prepayment shall be in
the amounts set forth in Section 2.11(a) above and shall be applied to prepay ratably the Loans of the Banks included. 

(c) The Borrower may not prepay any Money Market Loan. 

(d) The Borrower may, upon at least one (1) Domestic Business Day’s notice to the Administrative Agent (by 2:00 p.m New York
time on such Domestic Business Day), reimburse the Administrative Agent for the benefit of the Fronting Bank for the amount of any drawing under a Letter of Credit in whole or in part in any amount. 

(e) The Borrower may at any time return any undrawn Letter of Credit to the Fronting Bank in whole, but not in part, and the Fronting
Bank shall give the Administrative Agent and each of the Banks notice of such return. 
 (f) The Borrower may at any time and
from time to time cancel all or any part of the Commitments in amounts aggregating One Million Dollars ($1,000,000), or an integral multiple of One Million Dollars ($1,000,000) in excess thereof, by the delivery to the Administrative Agent and the
Banks of a notice of cancellation upon at least three (3) Domestic Business Days’ notice to Administrative Agent and the Banks, whereupon, all or such portion of the Commitments shall terminate as to the Banks, pro rata on the date
set forth in such notice of cancellation, and, if there are any Loans then outstanding in an aggregate amount which exceeds the aggregate Commitments (after giving effect to any such reduction), the Borrower shall prepay to the Administrative Agent,
for the account of the Banks, all or such portion of Loans outstanding on such date in accordance with the requirements of Sections 2.11(a) and (b). In no event shall the Borrower be permitted to cancel Commitments for which a Letter of Credit has
been issued and is outstanding unless the Borrower returns (or causes to be returned) such Letter of Credit to the Fronting Bank. The Borrower shall be permitted to designate in its notice of cancellation which Loans, if any, are to be prepaid. A
reduction of the Commitments pursuant to this Section 2.11(f) shall not effect a reduction in the Swingline Commitment (unless so elected by the Borrower) until the aggregate Commitments have been reduced to an amount equal to the Swingline
Commitment. 
 (g) Upon receipt of a notice of prepayment or cancellation or a return of a Letter of Credit pursuant to this
Section, the Administrative Agent shall promptly, and in any event within one (1) Domestic Business Day, notify each Bank of the contents thereof and of such Bank’s ratable share (if any) of such prepayment or cancellation and such notice
shall not thereafter be revocable by the Borrower. 
 (h) Any amounts so prepaid pursuant to this Section 2.11 may be
reborrowed subject to the other terms of this Agreement. In the event that the Borrower elects to cancel all or any portion of the Commitments and the Swingline Commitment pursuant to Section 2.11(f) hereof, such cancellation shall be
irrevocable and such amounts may not be reborrowed. 
  

 34 

 Section 2.12 General Provisions as to Payments. 

(a) The Borrower shall make each payment of principal of, and interest on, the Loans and of fees hereunder, not later than 3:00 p.m. (New
York City time) on the date when due, in Federal or other funds immediately available in New York City, to the Administrative Agent at its address referred to in Section 9.1. The Administrative Agent will distribute to each Bank its ratable
share of each such payment received by the Administrative Agent for the account of the Banks on the same day as received by the Administrative Agent if received by the Administrative Agent by 3:00 p.m. (New York City time), or, if received by the
Administrative Agent after 3:00 p.m. (New York City time), on the immediately following Domestic Business Day. If the Administrative Agent shall fail to distribute to a Bank its ratable share of a payment on the same day it is received or the
immediately following Domestic Business Day, as applicable in accordance with the immediately preceding sentence, the Administrative Agent shall pay to such Bank the interest accrued on such payment at the Federal Funds Rate, commencing on the day
the Administrative Agent should have made the payment to such Bank and ending on the day prior to the date payment is actually made. Whenever any payment of principal of, or interest on, the Base Rate Loans or Swingline Loans or of fees shall be due
on a day which is not a Domestic Business Day, the date for payment thereof shall be extended to the next succeeding Domestic Business Day. Whenever any payment of principal of, or interest on, the Euro-Dollar Loans shall be due on a day which is
not a Euro-Dollar Business Day, the date for payment thereof shall be extended to the next succeeding Euro-Dollar Business Day unless such Euro-Dollar Business Day falls in another calendar month, in which case the date for payment thereof shall be
the next preceding Euro-Dollar Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon shall be payable for such extended time. 

(b) Unless the Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the
Banks hereunder that the Borrower will not make such payment in full, the Administrative Agent may assume that the Borrower has made such payment in full to the Administrative Agent on such date and the Administrative Agent may, in reliance upon
such assumption, cause to be distributed to each Bank on such due date an amount equal to the amount then due such Bank. If and to the extent that the Borrower shall not have so made such payment, each Bank shall repay to the Administrative Agent
forthwith on demand such amount distributed to such Bank together with interest thereon, for each day from the date such amount is distributed to such Bank until the date such Bank repays such amount to the Administrative Agent, at the Federal Funds
Rate. 
 (c) All payments made on the Loans shall be credited, to the extent of the amount thereof, in the following manner:
(a) first, against all costs, expenses and other fees (including reasonable attorneys’ fees) arising under the terms hereof, of which, if no Event of Default shall have occurred and be continuing, the Borrower has received notice pursuant
to the terms hereof, (b) second, against the amount of interest accrued and unpaid on the Loans as of the date of such payment, (c) third, against all principal due and owing on the Loans as of the date of such payment, and
(d) fourth, to all other amounts constituting any portion of the Obligations. 
  

 35 

 (d) If any Bank is a Defaulting Lender, then the Administrative Agent may (or at the request
of the Borrower, shall), in its discretion and notwithstanding any contrary provision hereof, (i) apply any amounts thereafter received by the Administrative Agent for the account of such Bank for the benefit of the Administrative Agent, the
Swingline Lender or the Fronting Bank to satisfy such Bank’s obligations to it hereunder until such Bank is not a Defaulting Lender, and/or (ii) hold any such amounts in a segregated account as cash collateral for, and application to, any
future funding obligations of such Bank hereunder, in the case of each of clauses (i) and (ii) above, in any order as determined by the Administrative Agent in its discretion. 

Section 2.13 Funding Losses. If the Borrower makes any payment of principal with respect to any Euro-Dollar Loan (pursuant to
Article II, VI or VIII or otherwise, and specifically including any payments made pursuant to Sections 2.10 or 2.11) on any day other than the last day of the Interest Period applicable thereto, or if the Borrower fails to borrow any Euro-Dollar
Loans, after notice has been given to any Bank in accordance with Section 2.4(a), or to prepay any Euro-Dollar Loans, after notice has been given to any Bank in accordance with Section 2.11(b), the Borrower shall reimburse each Bank within
15 days after demand for any resulting loss or expense incurred by it (or by an existing Participant in the related Loan; provided that no Participant shall be entitled to receive more than the Bank, with respect to which such Participant is a
Participant, would be entitled to receive under this Section 2.13), including (without limitation) any loss incurred in obtaining, liquidating or employing deposits from third parties, but excluding loss of margin for the period after any such
payment or failure to borrow, provided that such Bank shall have delivered to the Borrower a certificate as to the amount of such loss or expense and the calculation thereof, which certificate shall be conclusive in the absence of manifest error.

 Section 2.14 Computation of Interest and Fees. Interest based on the Prime Rate hereunder shall be computed on
the basis of a year of 365 days (or 366 days in a leap year) and paid for the actual number of days elapsed (including the first day but excluding the last day). All other interest and fees shall be computed on the basis of a year of 360 days and
paid for the actual number of days elapsed (including the first day but excluding the last day). 
 Section 2.15 Method
of Electing Interest Rates. 
 (a) The Loans included in each Borrowing shall bear interest initially at the type of rate
specified by the Borrower in the applicable Notice of Committed Borrowing or as otherwise provided in Section 2.18 with respect to Mandatory Borrowings. Thereafter, the Borrower may from time to time elect to change or continue the type of
interest rate borne by each Group of Loans (subject in each case to the provisions of Article VIII), as follows: 

(i) if such Loans are Base Rate Loans, the Borrower may elect to convert such Loans to Euro-Dollar Loans or Loans bearing
interest at the Offered Rate as of any Euro-Dollar Business Day; 
 (ii) if such Loans are Euro-Dollar Loans or
Loans bearing interest at the Offered Rate, the Borrower may elect to convert such Loans to Base Rate Loans or elect to continue such Loans as Euro-Dollar Loans for an additional Interest Period, in each case effective on the last day of the then
current Interest Period applicable to such Loans. 
  

 36 

 Each such election shall be made by delivering a notice (a “Notice of Interest Rate
Election”) to the Administrative Agent at least three (3) Euro-Dollar Business Days before the conversion or continuation selected in such notice is to be effective (unless the relevant Loans are to be continued as Base Rate Loans, in
which case such notice shall be delivered to the Administrative Agent no later than 2:00 p.m. (New York City time) at least one (1) Domestic Business Day before such continuation is to be effective). A Notice of Interest Rate Election may, if
it so specifies, apply to only a portion of the aggregate principal amount of the relevant Group of Loans; provided that (i) such portion is allocated ratably among the Loans comprising such Group, (ii) the portion to which such
notice applies, and the remaining portion to which it does not apply, are each $1,000,000 or any larger multiple of $1,000,000, (iii) there shall be no more than ten (10) Borrowings comprised of Euro-Dollar Loans outstanding at any time
under this Agreement, (iv) no Loan may be continued as, or converted into, a Euro-Dollar Loan when any Event of Default has occurred and is continuing, and (v) no Interest Period shall extend beyond the Maturity Date. 

(b) Each Notice of Interest Rate Election shall specify: 

(i) the Group of Loans (or portion thereof) to which such notice applies; 

(ii) the date on which the conversion or continuation selected in such notice is to be effective, which shall comply with
the applicable clause of subsection (a) above; 
 (iii) if the Loans comprising such Group are to be
converted, the new type of Loans and, if such new Loans are Euro-Dollar Loans, the duration of the initial Interest Period applicable thereto; and 

(iv) if such Loans are to be continued as Euro-Dollar Loans for an additional Interest Period, the duration of such
additional Interest Period. 
 Each Interest Period specified in a Notice of Interest Rate Election shall comply with the provisions of the
definition of Interest Period. 
 (c) Upon receipt of a Notice of Interest Rate Election from the Borrower pursuant to
subsection (a) above, the Administrative Agent shall notify each Bank on the same day as it receives such Notice of Interest Rate Election of the contents thereof and such notice shall not thereafter be revocable by the Borrower. If the
Borrower fails to deliver a timely Notice of Interest Rate Election to the Administrative Agent for any Group of Euro-Dollar Loans, such Loans shall be converted into Base Rate Loans on the last day of the then current Interest Period applicable
thereto. 
 Section 2.16 Letters of Credit. (a) Subject to the terms contained in this Agreement and the other
Loan Documents, upon the receipt of a notice in accordance with Section 2.2(b) requesting the issuance of a Letter of Credit, the Fronting Bank shall issue a Letter of Credit or Letters of Credit in such form as is reasonably acceptable to the
Borrower in an amount or amounts equal to the amount or amounts requested by the Borrower. 
  

 37 

 (b) Each Letter of Credit shall be issued in the minimum amount of Five Hundred Thousand
Dollars ($500,000). 
 (c) The Letter of Credit Usage shall be no more than Fifty Million Dollars ($50,000,000) at any one time.

 (d) There shall be no more than eight (8) Letters of Credit outstanding at any one time. 

(e) In the event of any request for a drawing under any Letter of Credit by the beneficiary thereunder, the Fronting Bank shall endeavor
to notify the Borrower and the Administrative Agent (and the Administrative Agent shall endeavor to notify each Bank thereof) on or before the date on which the Fronting Bank intends to honor such drawing, and, except as provided in this subsection
(e), the Borrower shall reimburse the Fronting Bank, in immediately available funds, on the same day on which such drawing is honored in an amount equal to the amount of such drawing. Notwithstanding anything contained herein to the contrary,
however, unless the Borrower shall have notified the Administrative Agent and the Fronting Bank prior to 2:00 p.m. (New York time) on the Domestic Business Day immediately prior to the date of such drawing that the Borrower intends to reimburse the
Fronting Bank for the amount of such drawing with funds other than the proceeds of the Loans, the Borrower shall be deemed to have timely given a Notice of Committed Borrowing pursuant to Section 2.2 to the Administrative Agent, requesting a
Borrowing of Base Rate Loans on the date on which such drawing is honored and in an amount equal to the amount of such drawing. Each Bank (other than the Fronting Bank) shall, in accordance with Section 2.4(b), make available its share of such
Borrowing to the Administrative Agent, the proceeds of which shall be applied directly by the Administrative Agent to reimburse the Fronting Bank for the amount of such draw. In the event that any such Bank fails to make available to the Fronting
Bank the amount of such Bank’s participation on the date of a drawing, the Fronting Bank shall be entitled to recover such amount on demand from such Bank together with interest at the Federal Funds Rate commencing on the date such drawing is
honored. 
 (f) If, at the time a beneficiary under any Letter of Credit requests a drawing thereunder, an Event of Default as
described in Section 6.1(f) or Section 6.1(g) shall have occurred and is continuing, then on the date on which the Fronting Bank shall have honored such drawing, the Borrower shall have an unreimbursed obligation (the “Unreimbursed
Obligation”) to the Fronting Bank in an amount equal to the amount of such drawing, which amount shall bear interest at the annual rate of the sum of the Base Rate plus two percent (2%). Each Bank shall purchase an undivided participating
interest in the Unreimbursed Obligation in an amount equal to its pro rata share of the Commitments, and upon receipt thereof the Fronting Bank shall deliver to such Bank an Unreimbursed Obligation participation certificate dated the date of the
Fronting Bank’s receipt of such funds and in the amount of such Bank’s pro rata share. 
 (g) If, after the date
hereof, any change in any law or regulation or in the interpretation thereof by any court or administrative or governmental authority charged with the 

 

 38 

 
administration thereof shall either (i) impose, modify or deem applicable any reserve, special deposit or similar requirement against letters of credit issued by, or assets held by, or
deposits in or for the account of, or participations in any letter of credit, upon any Bank (including the Fronting Bank) or (ii) impose on any Bank any other condition regarding this Agreement or such Bank (including the Fronting Bank) as it
pertains to the Letters of Credit or any participation therein and the result of any event referred to in the preceding clause (i) or (ii) shall be to increase, by an amount deemed by the Fronting Bank or such Bank to be material, the cost
to the Fronting Bank or any Bank of issuing or maintaining any Letter of Credit or participating therein then the Borrower shall pay to the Fronting Bank or such Bank, within 15 days after written demand by such Bank (with a copy to the
Administrative Agent), which demand shall be accompanied by a certificate showing, in reasonable detail, the calculation of such amount or amounts, such additional amounts as shall be required to compensate the Fronting Bank or such Bank for such
increased costs or reduction in amounts received or receivable hereunder. 
 (h) The Borrower hereby agrees to protect,
indemnify, pay and save the Fronting Bank harmless from and against any and all claims, demands, liabilities, damages, losses, costs, charges and expenses (including reasonable attorneys’ fees and disbursements) which the Fronting Bank may
incur or be subject to as a result of (i) the issuance of the Letters of Credit, other than as a result of the gross negligence or willful misconduct of the Fronting Bank or (ii) the failure of the Fronting Bank to honor a drawing under
any Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future de jure or de facto government or Governmental Authority (collectively, “Governmental Acts”), other than as a result of
the gross negligence or willful misconduct of the Fronting Bank. As between the Borrower and the Fronting Bank, the Borrower assumes all risks of the acts and omissions of, or misuses of, the Letters of Credit issued by the Fronting Bank, by the
beneficiaries of such Letters of Credit. In furtherance and not in limitation of the foregoing, the Fronting Bank shall not be responsible (i) for the form, validity, sufficiency, accuracy, genuineness or legal effect of any document submitted
by any party in connection with the application for and issuance of such Letters of Credit, even if it should in fact prove to be in any or all respects invalid, insufficient, inaccurate, fraudulent or forged; (ii) for the validity or
insufficiency of any instrument transferring or assigning or purporting to transfer or assign any such Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for
any reason; (iii) for failure of the beneficiary of any such Letter of Credit to comply fully with conditions required in order to draw upon such Letter of Credit; (iv) for errors, omissions, interruptions or delays in transmission or
delivery of any message, by mail, cable, telegraph, telex, facsimile transmission, or otherwise; (v) for errors in interpretation of any technical terms; (vi) for any loss or delay in the transmission or otherwise of any documents required
in order to make a drawing under any such Letter of Credit or of the proceeds thereof; (vii) for the misapplication by the beneficiary of any such Letter of Credit of the proceeds of such Letter of Credit; and (viii) for any consequence
arising from causes beyond the control of the Fronting Bank, including any Government Acts, in each case other than as a result of the gross negligence or willful misconduct of the Fronting Bank. None of the above shall affect, impair or prevent the
vesting of the Fronting Bank’s rights and powers hereunder. In furtherance and extension and not in limitation of the specific provisions hereinabove set forth, any action taken or omitted by the Fronting Bank under or in connection with the
Letters of Credit issued by it or the related certificates, if taken or omitted in good faith, shall not put the Fronting Bank under any resulting liability to the Borrower. 

 

 39 

 (i) If the Fronting Bank or the Administrative Agent is required at any time, pursuant to
any bankruptcy, insolvency, liquidation or reorganization law or otherwise, to return to the Borrower any reimbursement by the Borrower of any drawing under any Letter of Credit, each Bank shall pay to the Fronting Bank or the Administrative Agent,
as the case may be, its share of such payment, but without interest thereon unless the Fronting Bank or the Administrative Agent is required to pay interest on such amounts to the person recovering such payment, in which case with interest thereon,
computed at the same rate, and on the same basis, as the interest that the Fronting Bank or the Administrative Agent is required to pay. 

Section 2.17 Letter of Credit Usage Absolute. The obligations of the Borrower under this Agreement in respect of any Letter
of Credit shall be unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement (as the same may be amended from time to time) and any Letter of Credit Documents (as hereinafter defined) under all
circumstances, including, without limitation, to the extent permitted by law, the following circumstances: 
 (a) any lack of
validity or enforceability of any Letter of Credit or any other agreement or instrument relating thereto (collectively, the “Letter of Credit Documents”) or any Loan Document; 

(b) any change in the time, manner or place of payment of, or in any other term of, all or any of the obligations of the Borrower in
respect of the Letters of Credit or any other amendment or waiver of or any consent by the Borrower to departure from all or any of the Letter of Credit Documents or any Loan Document; provided, that the Fronting Bank shall not consent to any
such change or amendment unless previously consented to in writing by the Borrower; 
 (c) any exchange, release or
non-perfection of any collateral, or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the obligations of the Borrower in respect of the Letters of Credit; 

(d) the existence of any claim, set-off, defense or other right that the Borrower may have at any time against any beneficiary or any
transferee of a Letter of Credit (or any Persons for whom any such beneficiary or any such transferee may be acting), the Administrative Agent, the Fronting Bank or any Bank (other than a defense based on the gross negligence or willful misconduct
of the Administrative Agent, the Fronting Bank or such Bank) or any other Person, whether in connection with the Loan Documents, the transactions contemplated hereby or by the Letters of Credit Documents or any unrelated transaction; 

(e) any draft or any other document presented under or in connection with any Letter of Credit or other Loan Document proving to be
forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; provided, that payment by the Fronting Bank under such Letter of Credit against presentation of such draft or
document shall not have constituted gross negligence or willful misconduct of the Fronting Bank; 
  

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 (f) payment by the Fronting Bank against presentation of a draft or certificate that does
not comply with the terms of the Letter of Credit; provided, that such payment shall not have constituted gross negligence or willful misconduct of the Fronting Bank; and 

(g) any other circumstance or happening whatsoever other than the payment in full of all obligations hereunder in respect of any Letter
of Credit or any agreement or instrument relating to any Letter of Credit, whether or not similar to any of the foregoing, that might otherwise constitute a defense available to, or a discharge of, the Borrower; provided, that such other
circumstance or happening shall not have been the result of gross negligence or willful misconduct of the Fronting Bank. 

Section 2.18 Swingline Loan Subfacility. 

(a) Swingline Commitment. Subject to the terms and conditions of this Section 2.18, the Swingline Lender, in its individual
capacity, agrees to make certain revolving credit loans to the Borrower (each a “Swingline Loan” and, collectively, the “Swingline Loans”) from time to time during the Term hereof; provided, however, that the
aggregate amount of Swingline Loans outstanding at any time shall not exceed the lesser of (i) the aggregate Commitments less the Outstanding Balance, and (ii) 15% of the aggregate Commitments (the “Swingline Commitment”).
Subject to the limitations set forth herein, any amounts repaid in respect of Swingline Loans may be reborrowed. 
 (b)
Swingline Borrowings. 
 (i) Notice of Borrowing. With respect to any Swingline Borrowing, the
Borrower shall give the Swingline Lender and the Administrative Agent notice in writing which is received by the Swingline Lender and Administrative Agent not later than 2:00 p.m. (New York City time) on the proposed date of such Swingline Borrowing
(and confirmed by telephone by such time), specifying (A) that a Swingline Borrowing is being requested, (B) the amount of such Swingline Borrowing, (C) the proposed date of such Swingline Borrowing, which shall be a Domestic Business
Day, and (D) that no Default or Event of Default has occurred and is continuing both before and after giving effect to such Swingline Borrowing. Such notice shall be irrevocable. 

(ii) Minimum Amounts. Each Swingline Borrowing shall be in a minimum principal amount of $1,000,000, or larger
multiples of $1,000,000 in excess thereof. 
 (iii) Repayment of Swingline Loans. Each Swingline Loan
shall be due and payable on the earliest of (A) ten (10) days after the date of the applicable Swingline Borrowing, (B) the date of the next Committed Borrowing, and (C) the Maturity Date. If, and to the extent, any Swingline
Loans shall be outstanding on the date of any Committed Borrowing, such Swingline Loans shall first be repaid from the proceeds of such Committed Borrowing prior to the disbursement of the same to the Borrower. If, and to the extent, a Committed
Borrowing is not requested prior to the Maturity Date or the end of the five (5) day period after a Swingline Borrowing, or unless the Borrower shall have notified the Administrative Agent and the Swingline Lender

  

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prior to 1:00 P.M. (New York City time) on the fourth (4th) day after the Swingline Borrowing that the Borrower intends to reimburse the Swingline Lender for the amount of such Swingline
Borrowing with funds other than proceeds of the Loans, the Borrower shall be deemed to have requested a Committed Borrowing comprised entirely of Base Rate Loans in the amount of the applicable Swingline Loan then outstanding, the proceeds of which
shall be used to repay such Swingline Loan to the Swingline Lender. In addition, if (x) the Borrower does not repay the Swingline Loan on or prior to the end of such five (5) day period, or (y) a Default or Event of Default shall have
occurred during such five (5) day period, the Swingline Lender may, at any time, in its sole discretion, by written notice to the Borrower and the Administrative Agent, demand repayment of its Swingline Loans by way of a Committed Borrowing, in
which case the Borrower shall be deemed to have requested a Committed Borrowing comprised entirely of Base Rate Loans in the amount of such Swingline Loans then outstanding, the proceeds of which shall be used to repay such Swingline Loans to the
Swingline Lender. Any Committed Borrowing which is deemed requested by the Borrower in accordance with this Section 2.18(b)(iii) is hereinafter referred to as a “Mandatory Borrowing”. Each Bank hereby irrevocably agrees to make
Committed Loans promptly upon receipt of notice from the Swingline Lender of any such deemed request for a Mandatory Borrowing in the amount and in the manner specified in the preceding sentences and on the date such notice is received by such Bank
(or the next Domestic Business Day if such notice is received after 12:00 noon (New York City time)) notwithstanding (I) that the amount of the Mandatory Borrowing may not comply with the minimum amount of Committed Borrowings otherwise
required hereunder, (II) whether any conditions specified in Section 3.2 are then satisfied, (III) whether a Default or an Event of Default then exists, (IV) failure of any such deemed request for a Committed Borrowing to be made by the time
otherwise required in Section 2.2, (V) the date of such Mandatory Borrowing (provided that such date must be a Domestic Business Day), or (VI) any termination of the Commitments immediately prior to such Mandatory Borrowing or
contemporaneously therewith; provided, however, that no Bank shall be obligated to make Committed Loans in respect of a Mandatory Borrowing if a Default or an Event of Default then exists and the applicable Swingline Loan was made by the Swingline
Lender without receipt of a written Notice of Borrowing in the form specified in subclause (i) above or after Administrative Agent has delivered a notice of Default or Event of Default which has not been rescinded. 

(iv) Purchase of Participations. In the event that any Mandatory Borrowing cannot for any reason be made on the
date otherwise required above (including, without limitation, as a result of the commencement of a proceeding under the Bankruptcy Code with respect to the Borrower), then each Bank hereby agrees that it shall forthwith purchase (as of the date the
Mandatory Borrowing would otherwise have occurred, but adjusted for any payment received from the Borrower on or after such date and prior to such purchase) from the Swingline Lender such participations in the outstanding Swingline Loans as shall be
necessary to cause each such Bank to share in such Swingline Loans ratably based upon its pro rata share of the Commitments (determined before giving effect to any termination of the Commitments pursuant to Section 6.2), provided that
(A) all interest payable on the Swingline Loans with respect to any participation shall be for the account of the Swingline Lender until but excluding the 

 

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day upon which the Mandatory Borrowing would otherwise have occurred, and (B) in the event of a delay between the day upon which the Mandatory Borrowing would otherwise have occurred and the
time any purchase of a participation pursuant to this sentence is actually made, the purchasing Bank shall be required to pay to the Swingline Lender interest on the principal amount of such participation for each day from and including the day upon
which the Mandatory Borrowing would otherwise have occurred to but excluding the date of payment for such participation, at the rate equal to the Federal Funds Rate, for the two (2) Domestic Business Days after the date the Mandatory Borrowing
would otherwise have occurred, and thereafter at a rate equal to the Base Rate. Notwithstanding the foregoing, no Bank shall be obligated to purchase a participation in any Swingline Loan if a Default or an Event of Default then exists and such
Swingline Loan was made by the Swingline Lender without receipt of a written Notice of Borrowing in the form specified in subclause (i) above or after Administrative Agent has delivered a notice of Default or Event of Default which has not been
rescinded. 
 (c) Interest Rate. Each Swingline Loan shall bear interest on the outstanding principal amount thereof, for
each day from the date such Swingline Loan is made until the date it is repaid, at a rate per annum equal to the Federal Funds Rate plus the Applicable Margin for Euro-Dollar Loans for such day. 

ARTICLE III 

CONDITIONS 

Section 3.1 Closing. The closing hereunder shall occur on the date (the “Closing Date”) when each of the following
conditions is satisfied (or waived by the Administrative Agent and the Required Banks, such waiver to be evidenced by the continuation or funding after the date hereof of Loans and notice of such waiver to be given to the Banks by the Administrative
Agent), each document to be dated the Closing Date unless otherwise indicated: 
 (a) the Borrower shall have executed and
delivered to the Administrative Agent a Note for the account of each Bank that shall have requested the same, dated on or before the Closing Date complying with the provisions of Section 2.5; 

(b) the Borrower shall have executed and delivered to the Administrative Agent a duly executed original of this Agreement; 

(c) the General Partner shall have executed and delivered to the Administrative Agent a duly executed original of the Guaranty;

 (d) the Administrative Agent shall have received an opinion of Latham & Watkins LLP, counsel for the Borrower and
the General Partner, reasonably acceptable to the Administrative Agent, the Banks and their counsel; 
  

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 (e) the Administrative Agent shall have received all documents the Administrative Agent may
reasonably request relating to the existence of the Borrower, the General Partner, the authority for and the validity of this Agreement and the other Loan Documents, and any other matters relevant hereto, all in form and substance reasonably
satisfactory to the Administrative Agent. Such documentation shall include, without limitation, the articles of incorporation and by-laws or the partnership agreement and limited partnership certificate, as applicable, of the Borrower and the
General Partner, as amended, modified or supplemented to the Closing Date, each certified to be true, correct and complete by a senior officer of the Borrower or the General Partner, as the case may be, as of the Closing Date, together with a good
standing certificate from the Secretary of State (or the equivalent thereof) of the State of Delaware with respect to the Borrower and of the State of Maryland with respect to the General Partner, and a good standing certificate from the Secretary
of State (or the equivalent thereof) of each other State in which the Borrower and the General Partner is required to be qualified to transact business, each to be dated not more than forty-five (45) days prior to the Closing Date; 

(f) the Administrative Agent shall have received all certificates, agreements and other documents and papers referred to in this
Section 3.1 and Section 3.2, unless otherwise specified, in sufficient counterparts, reasonably satisfactory in form and substance to the Administrative Agent in its sole discretion; 

(g) the Borrower and the General Partner shall have taken all actions required to authorize the execution and delivery of this Agreement
and the other Loan Documents and the performance thereof by the Borrower and the General Partner; 
 (h) the Administrative
Agent and the Banks shall have received an unaudited consolidated balance sheet and income statement of the Borrower for the fiscal quarter ended March 31, 2010; 

(i) the Administrative Agent shall be satisfied that neither the Borrower nor the General Partner is subject to any present or contingent
environmental liability which could reasonably be expected to have a Material Adverse Effect; 
 (j) the Administrative Agent
shall have received wire transfer instructions in connection with the Loans to be made on the Closing Date; 
 (k) the
Administrative Agent shall have received, for its and any other Bank’s account, all fees due and payable pursuant to Section 2.8 hereof on or before the Closing Date, and the reasonable fees and expenses accrued through the Closing Date of
Skadden, Arps, Slate, Meagher & Flom LLP; 
 (l) the Administrative Agent shall have received copies of all consents,
licenses and approvals, if any, required in connection with the execution, delivery and performance by the Borrower, and the validity and enforceability against the Borrower, of the Loan Documents, or in connection with any of the transactions
contemplated thereby to occur on or prior to the Closing Date, and such consents, licenses and approvals shall be in full force and effect; 
  

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 (m) the representations and warranties of the Borrower contained in this Agreement shall be
true and correct in all material respects on and as of the Closing Date both before and after giving effect to the making of any Loans; 

(n) receipt by the Administrative Agent and the Banks of a certificate of the chief financial officer, treasurer or the chief accounting
officer of the Borrower certifying that the Borrower is in compliance with all covenants of the Borrower contained in this Agreement, including, without limitation, the requirements of Section 5.8, as of the Closing Date; 

(o) receipt by the Administrative Agent of evidence reasonably satisfactory to the Administrative Agent that the Fourth Amended and
Restated Revolving Credit Agreement, dated as of October 22, 2004, as amended, among Borrower, JPMorgan Chase Bank, N.A., as administrative agent, and the banks listed therein, has been terminated and repaid in full; and 

(p) the General Partner shall intend to continue to qualify as a real estate investment trust under the Internal Revenue Code.

 The Administrative Agent shall promptly notify the Borrower and the Banks of the Closing Date, and such notice shall be conclusive and
binding on all parties hereto. 
 Section 3.2 Borrowings. The obligation of any Bank to make a Loan on the occasion
of any Borrowing or to participate in any Letter of Credit issued by the Fronting Bank and the obligation of the Fronting Bank to issue a Letter of Credit or the obligation of the Swingline Lender to make a Swingline Loan on the occasion of any
Borrowing is subject to the satisfaction of the following conditions: 
 (a) the Closing Date shall have occurred on or prior to
August 30, 2010; 
 (b) receipt by the Administrative Agent of a Notice of Borrowing as required by Section 2.2 or
2.3; 
 (c) immediately after such Borrowing, the Outstanding Balance will not exceed the aggregate amount of the Commitments
and with respect to each Bank, such Bank’s pro rata portion of the Committed Loans and Letter of Credit Usage will not exceed such Bank’s Commitment; 

(d) immediately before and after such Borrowing, no Default or Event of Default shall have occurred and be continuing both before and
after giving effect to the making of such Loans; 
 (e) the representations and warranties of the Borrower contained in this
Agreement (other than representations and warranties which speak as of a specific date) shall be true and correct in all material respects on and as of the date of such Borrowing both before and after giving effect to the making of such Loans;

 (f) no law or regulation shall have been adopted, no order, judgment or decree of any governmental authority shall have been
issued, and no litigation shall be pending or threatened, which does or, with respect to any threatened litigation, seeks to enjoin, prohibit or restrain, the making or repayment of the Loans, the issuance of any Letter of Credit or any
participations therein or the consummation of the transactions contemplated hereby; and 
  

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 (g) no event, act or condition shall have occurred after the Closing Date which, in the
reasonable judgment of the Administrative Agent or the Required Banks, as the case may be, has had or is likely to have a Material Adverse Effect. 

Each Borrowing hereunder shall be deemed to be a representation and warranty by the Borrower on the date of such Borrowing as to the facts specified in
clauses (c) through (f) of this Section (except that with respect to clause (f), such representation and warranty shall be deemed to be limited to laws, regulations, orders, judgments, decrees and litigation affecting the Borrower and not
solely the Banks). 
 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 

In order to induce the Administrative Agent and each of the other Banks which may become a party to this Agreement to make the Loans, the
Borrower makes the following representations and warranties as of the date hereof. Such representations and warranties shall survive the effectiveness of this Agreement, the execution and delivery of the other Loan Documents and the making of the
Loans. 
 Section 4.1 Existence and Power. The Borrower is duly organized, validly existing and in good standing as
a limited partnership under the laws of the State of Delaware and has all powers and all material governmental licenses, authorizations, consents and approvals required to own its property and assets and carry on its business as now conducted or as
it presently proposes to conduct and has been duly qualified and is in good standing in every jurisdiction in which the failure to be so qualified and/or in good standing is likely to have a Material Adverse Effect. 

Section 4.2 Power and Authority. The Borrower has the organizational power and authority to execute, deliver and carry out
the terms and provisions of each of the Loan Documents to which it is a party and has taken all necessary action to authorize the execution and delivery on behalf of the Borrower and the performance by the Borrower of such Loan Documents. The
Borrower has duly executed and delivered each Loan Document to which it is a party, and each such Loan Document constitutes the legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms, except as enforceability
may be limited by applicable insolvency, bankruptcy or other laws affecting creditors rights generally, or general principles of equity, whether such enforceability is considered in a proceeding in equity or at law. 

Section 4.3 No Violation. Neither the execution, delivery or performance by or on behalf of the Borrower of the Loan
Documents, nor compliance by the Borrower with the terms and provisions thereof nor the consummation of the transactions contemplated by the Loan Documents, (i) will contravene any applicable provision of any law, statute, rule, regulation,

  

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order, writ, injunction or decree of any court or governmental instrumentality applicable to Borrower except to the extent such contravention is not likely to have a Material Adverse Effect, or
(ii) will conflict with or result in any breach of, any of the terms, covenants, conditions or provisions of, or constitute a default under, or result in the creation or imposition of (or the obligation to create or impose) any Lien upon any of
the property or assets of the Borrower pursuant to the terms of any material indenture, mortgage, deed of trust, or other agreement or other instrument to which the Borrower (or of any partnership of which the Borrower is a partner) is a party or by
which it or any of its property or assets is bound or to which it is subject except to the extent such conflict or breach is not likely to have a Material Adverse Effect, or (iii) will conflict with or result in a breach of any organizational
document of any Subsidiary, the certificate of limited partnership, partnership agreement or other organizational document of Borrower, or the General Partner’s articles of incorporation or by-laws. 

Section 4.4 Financial Information. 

(a) The audited consolidated balance sheets of the Borrower and the General Partner as of December 31, 2009, when delivered to
Administrative Agent and to the Banks shall fairly present, in conformity with GAAP, the consolidated financial position of the Borrower and the General Partner as of such date and their consolidated results of operations for such fiscal year.

 (b) Since March 31, 2010, (i) there has been no material adverse change in the business, financial position or
results of operations of the Borrower or the General Partner and (ii) except as previously disclosed to the Administrative Agent and to the Banks, neither the Borrower nor the General Partner has incurred any material indebtedness or guaranty.

 Section 4.5 Litigation. 

(a) There is no action, suit or proceeding pending against, or to the knowledge of the Borrower, threatened against or affecting,
(i) the Borrower, the General Partner or any of their Subsidiaries, (ii) the Loan Documents or any of the transactions contemplated by the Loan Documents or (iii) any of their assets, in any case before any court or arbitrator or any
governmental body, agency or official which could reasonably be expected to have a Material Adverse Effect or which in any manner draws into question the validity of this Agreement or the other Loan Documents. 

(b) There are no final nonappealable judgments or decrees in an aggregate amount of One Million Dollars ($1,000,000) or more entered by a
court or courts of competent jurisdiction against the Borrower or the General Partner (other than any judgment as to which, and only to the extent, a reputable insurance company has acknowledged coverage of such claim in writing). 

Section 4.6 Compliance with ERISA. 

(a) Except as previously disclosed to the Administrative Agent in writing as of the Closing Date, each member of the ERISA Group has
fulfilled its obligations under the minimum funding standards of ERISA and the Internal Revenue Code with respect to each Plan and is in compliance in all material respects with the presently applicable provisions of ERISA

  

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and the Internal Revenue Code with respect to each Plan. No member of the ERISA Group has (i) sought a waiver of the minimum funding standard under Section 412 of the Internal Revenue
Code in respect of any Plan, (ii) failed to make any contribution or payment to any Plan or Multiemployer Plan or in respect of any Benefit Arrangement, or made any amendment to any Plan or Benefit Arrangement, which has resulted or could
result in the imposition of a Lien or the posting of a bond or other security under ERISA or the Internal Revenue Code or (iii) incurred any liability under Title IV of ERISA other than a liability to the PBGC for premiums under
Section 4007 of ERISA. 
 (b) Except for each “employee benefit plan” (as such term is defined in
Section 3(3) of ERISA) that is maintained, or contributed to, by one or more members of the ERISA Group, no member of the ERISA Group is a “party in interest” (as such term is defined in Section 3(14) of ERISA or a
“disqualified person” (as such term is defined in Section 4975(e)(2) of the Internal Revenue Code) with respect to any funded employee benefit plan and none of the assets of any such plans have been invested in a manner that would
cause the transactions contemplated by the Loan Documents to constitute a nonexempt prohibited transaction (as such term is defined in Section 4975 of the Internal Revenue Code or Section 406 of ERISA). 

Section 4.7 Environmental Compliance. To the best of Borrower’s knowledge, except as set forth in the Phase I
environmental report(s) delivered to and accepted by the Administrative Agent with respect to each of the Unencumbered Asset Pool Properties (as supplemented or amended, the “Environmental Reports”), (i) there are in effect all
Environmental Approvals which are required to be obtained under all Environmental Laws with respect to such Property, except for such Environmental Approvals the absence of which would not have a Material Adverse Effect, (ii) the Borrower is in
compliance in all material respects with the terms and conditions of all such Environmental Approvals, and is also in compliance in all material respects with all other Environmental Laws or any plan, order, decree, judgment, injunction, notice or
demand letter issued, entered or approved thereunder, except to the extent failure to comply would not have a Material Adverse Effect. 

Except as set forth in the Environmental Reports or otherwise disclosed in writing to the Administrative Agent as of the Closing Date or
with respect to a New Acquisition, as of the date of such New Acquisition, to Borrower’s actual knowledge: 

(i) There are no Environmental Claims or investigations pending or threatened by any Governmental Authority with respect
to any alleged failure by the Borrower to have any Environmental Approval required in connection with the conduct of the business of the Borrower on any of the Unencumbered Asset Pool Properties, or with respect to any generation, treatment,
storage, recycling, transportation, Release or disposal of any Material of Environmental Concern generated by the Borrower or any lessee on any of the Unencumbered Asset Pool Properties; 

(ii) No Material of Environmental Concern has been Released at the Property to an extent that it may reasonably be
expected to have a Material Adverse Effect; 
  

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 (iii) No PCB (in amounts or concentrations which exceed those set by
applicable Environmental Laws) is present at any of the Unencumbered Asset Pool Properties; 
 (iv) No friable
asbestos is present at any of the Unencumbered Asset Pool Properties; 
 (v) There are no underground storage
tanks for Material of Environmental Concern, active or abandoned, at any of the Unencumbered Asset Pool Properties; 

(vi) No Environmental Claims have been filed with a Governmental Authority with respect to any of the Unencumbered Asset
Pool Properties, and none of the Unencumbered Asset Pool Properties is listed or proposed for listing on the National Priority List promulgated pursuant to CERCLA, on CERCLIS or on any similar state list of sites requiring investigation or clean-up;

 (vii) There are no Liens arising under or pursuant to any Environmental Laws on any of the Unencumbered Asset
Pool Properties, and no government actions have been taken or are in process which could subject any of the Unencumbered Asset Pool Properties to such Liens; and 

(viii) There have been no environmental investigations, studies, audits, tests, reviews or other analyses conducted by, or
which are in the possession of, the Borrower in relation to any of the Unencumbered Asset Pool Properties which have not been made available to the Administrative Agent. 

Section 4.8 Taxes. The initial tax year of the Borrower for federal income tax purposes was 1996. The federal income tax
returns of the Borrower and its Consolidated Subsidiaries for the fiscal year ended December 31, 2008 have been filed. The Borrower and its Subsidiaries have filed all United States Federal income tax returns and all other material tax returns
which are required to be filed by them and have paid all taxes due pursuant to such returns or pursuant to any assessment received by the Borrower or any Subsidiary except those being contested in good faith. The charges, accruals and reserves on
the books of the Borrower and its Subsidiaries in respect of taxes or other governmental charges are, in the opinion of the Borrower, adequate. 

Section 4.9 Full Disclosure. All information heretofore furnished by the Borrower to the Administrative Agent or any Bank for
purposes of or in connection with this Agreement or any transaction contemplated hereby is true and accurate in all material respects on the date as of which such information is stated or certified. The Borrower has disclosed to the Banks in writing
any and all facts known to the Borrower which materially and adversely affect or are likely to materially and adversely affect (to the extent the Borrower can now reasonably foresee), the business, operations or financial condition of the Borrower
considered as one enterprise or the ability of the Borrower to perform its obligations under this Agreement or the other Loan Documents. 
  

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 Section 4.10 Solvency. On the Closing Date and after giving effect to the
transactions contemplated by the Loan Documents occurring on the Closing Date, the Borrower is Solvent. 
 Section 4.11
Use of Proceeds; Margin Regulations. All proceeds of the Loans will be used by the Borrower only in accordance with the provisions hereof. No part of the proceeds of any Loan will be used by the Borrower to purchase or carry any Margin Stock
or to extend credit to others for the purpose of purchasing or carrying any Margin Stock. Neither the making of any Loan nor the use of the proceeds thereof will violate or be inconsistent with the provisions of Regulations T, U or X of the Federal
Reserve Board. 
 Section 4.12 Governmental Approvals. No order, consent, approval, license, authorization, or
validation of, or filing, recording or registration with, or exemption by, any governmental or public body or authority, or any subdivision thereof, is required to authorize, or is required in connection with the execution, delivery and performance
of any Loan Document or the consummation of any of the transactions contemplated thereby other than those that have already been duly made or obtained and remain in full force and effect. 

Section 4.13 Investment Company Act; Public Utility Holding Company Act. The Borrower is not (x) an “investment
company” or a company “controlled” by an “investment company”, within the meaning of the Investment Company Act of 1940, as amended, (y) a “holding company” or a “subsidiary company” of a
“holding company” or an “affiliate” of either a “holding company” or a “subsidiary company” within the meaning of the Public Utility Holding Company Act of 1935, as amended, or (z) subject to any other
federal or state law or regulation which purports to restrict or regulate its ability to borrow money. 
 Section 4.14
Closing Date Transactions. On the Closing Date and immediately prior to or concurrently with the making of the Loans, the transactions (other than the making of the Loans) intended to be consummated on the Closing Date will have been
consummated in accordance with all applicable laws. On or prior to the Closing Date, all consents and approvals of, and filings and registrations with, and all other actions by, any Person required in order to make or consummate such transactions
have been obtained, given, filed or taken and are in full force and effect. 
 Section 4.15 Representations and
Warranties in Loan Documents. All representations and warranties made by the Borrower in the Loan Documents are true and correct in all material respects. 

Section 4.16 Patents, Trademarks, etc. The Borrower has obtained and holds in full force and effect all patents, trademarks,
service marks, trade names, copyrights and other such rights, free from burdensome restrictions, which are necessary for the operation of its business as presently conducted, the impairment of which is likely to have a Material Adverse Effect. To
the Borrower’s knowledge, no material product, process, method, substance, part or other material presently sold by or employed by the Borrower in connection with such business infringes any patent, trademark, service mark, trade name,
copyright, license or other such right owned by any other Person. There is not pending or, to the Borrower’s knowledge, threatened any claim or litigation against or affecting the Borrower contesting its right to sell or use any such product,
process, method, substance, part or other material. 
  

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 Section 4.17 No Default. No Default or Event of Default exists under or with
respect to any Loan Document. The Borrower is not in default in any material respect beyond any applicable grace period under or with respect to any other material agreement, instrument or undertaking to which it is a party or by which it or any of
its property is bound in any respect, the existence of which default is likely (to the extent that the Borrower can now reasonably foresee) to result in a Material Adverse Effect. 

Section 4.18 Licenses, etc. The Borrower has obtained and holds in full force and effect, all franchises, licenses, permits,
certificates, authorizations, qualifications, accreditations, easements, rights of way and other consents and approvals which are necessary for the operation of its businesses as presently conducted, the absence of which is likely (to the extent
that the Borrower can now reasonably foresee) to have a Material Adverse Effect. 
 Section 4.19 Compliance With
Law. The Borrower is in compliance with all laws, rules, regulations, orders, judgments, writs and decrees, including, without limitation, all building and zoning ordinances and codes, the failure to comply with which is likely (to the extent
that the Borrower can now reasonably foresee) to have a Material Adverse Effect. 
 Section 4.20 No Burdensome
Restrictions. The Borrower is not a party to any agreement or instrument or subject to any other obligation or any charter or corporate or partnership restriction, as the case may be, which, individually or in the aggregate, is likely (to the
extent that the Borrower can now reasonably foresee) to have a Material Adverse Effect. 
 Section 4.21 Brokers’
Fees. The Borrower has not dealt with any broker or finder with respect to the transactions contemplated by the Loan Documents (except with respect to the acquisition or disposition of Real Property Assets) or otherwise in connection with this
Agreement other than J.P. Morgan Securities Inc. and Banc of America Securities LLC, the fees and expenses of which shall be paid by Borrower, and the Borrower has not done any acts, had any negotiations or conversation, or made any agreements or
promises which will in any way create or give rise to any obligation or liability for the payment by the Borrower of any brokerage fee, charge, commission or other compensation to any party with respect to the transactions contemplated by the Loan
Documents (except with respect to the acquisition or disposition of Real Property Assets), other than the fees payable hereunder. 

Section 4.22 Labor Matters. Except as set forth on Schedule 4.22 attached hereto and made a part hereof, there are no
collective bargaining agreements or Multiemployer Plans covering the employees of the Borrower and the Borrower has not suffered any strikes, walkouts, work stoppages or other material labor difficulty within the last five (5) years.

 Section 4.23 Organizational Documents. The documents delivered pursuant to Section 3.1(e) constitute, as of
the Closing Date, all of the organizational documents (together with all amendments and modifications thereof) of the Borrower. The Borrower represents that it has delivered to the Administrative Agent true, correct and complete copies of each of
the documents set forth in this Section 4.23. 
  

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 Section 4.24 Principal Offices. The principal office, chief executive office and
principal place of business of the Borrower is 12200 West Olympic Boulevard, Suite 200, Los Angeles, California 90064. 

Section 4.25 REIT Status. For the fiscal year ended December 31, 2009, the General Partner will qualify, and the General
Partner intends to continue to qualify as a real estate investment trust under the Internal Revenue Code. 
 Section 4.26
Ownership of Property. The Borrower and/or the General Partner, directly or indirectly, owns fee simple title to or a ground leasehold interest in each of the Unencumbered Asset Pool Properties. 

Section 4.27 Insurance. The Borrower or its tenants, as applicable, currently maintains insurance at 100% replacement cost
insurance coverage in respect of each of the Real Property Assets, as well as comprehensive general liability insurance (including “builders’ risk”) against claims for personal, and bodily injury and/or death, to one or more persons,
or property damage, as well as workers’ compensation insurance, in each case with respect to the Real Property Assets with insurers having an A.M. Best policyholders’ rating of not less than A-VIII in amounts that prudent owner of assets
such as the Real Property Assets would maintain. 
 ARTICLE V 

AFFIRMATIVE AND NEGATIVE COVENANTS 

The Borrower covenants and agrees that, so long as any Bank has any Commitment hereunder or any Obligations remain unpaid: 

Section 5.1 Information. The Borrower will deliver: 

(a) to the Administrative Agent and to each of the Banks (which delivery may be made electronically, including via IntraLinks), as soon
as available and in any event within 105 days after the end of each fiscal year of the Borrower, an audited consolidated balance sheet of the Borrower as of the end of such fiscal year and the related consolidated statements of cash flow and
operations for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, audited by Deloitte & Touche or other independent public accountants of similar standing; 

(b) to the Administrative Agent and to each of the Banks (which delivery may be made electronically, including via IntraLinks), as soon
as available and in any event within sixty (60) days after the end of each quarter of each fiscal year (other than the last quarter in any fiscal year) of the Borrower, a statement of the Borrower, prepared in accordance with GAAP, setting
forth the operating income and operating expenses of the Borrower, in sufficient detail so as to calculate Unencumbered Asset Pool Net Operating Cash Flow of the Borrower for the immediately preceding quarter; 

 

 52 

 (c) to the Administrative Agent and to each of the Banks (which delivery may be made
electronically, including via IntraLinks), simultaneously with the delivery of each set of financial statements referred to in clauses (a) and (b) above, a certificate of the chief financial officer, controller, treasurer or vice
president-corporate finance of the Borrower (i) setting forth in reasonable detail the calculations required to establish whether the Borrower was in compliance with the requirements of Section 5.8 on the date of such financial
statements;(ii) stating whether any Default exists on the date of such certificate and, if any Default then exists, setting forth the details thereof and the action which the Borrower is taking or proposes to take with respect thereto; and
(iii) certifying (x) that such financial statements fairly present the financial condition and the results of operations of the Borrower as of the dates and for the periods indicated, in accordance with GAAP, subject, in the case of
interim financial statements, to normal year-end adjustments, and (y) that such officer has reviewed the terms of the Loan Documents and has made, or caused to be made under his or her supervision, a review in reasonable detail of the business
and condition of the Borrower during the period beginning on the date through which the last such review was made pursuant to this Section 5.1(c) and ending on a date not more than ten (10) Domestic Business Days prior to the date of such
delivery and that on the basis of such review of the Loan Documents and the business and condition of the Borrower, to the best knowledge of such officer, no Default or Event of Default under any other provision of Section 6.1 occurred or, if
any such Default or Event of Default has occurred, specifying the nature and extent thereof and, if continuing, the action the Borrower proposes to take in respect thereof; 

(d) to the Administrative Agent and to each of the Banks, (i) within five (5) days after the president, chief financial
officer, treasurer, controller or other executive officer of the Borrower obtains knowledge of any Default, if such Default is then continuing, a certificate of the chief financial officer or the president of the Borrower setting forth the details
thereof and the action which the Borrower is taking or proposes to take with respect thereto; and (ii) promptly and in any event within ten (10) days after the Borrower obtains knowledge thereof, notice of (x) any litigation or
governmental proceeding pending or threatened against the Borrower which is likely to individually or in the aggregate, result in a Material Adverse Effect, and (y) any other event, act or condition which is likely to result in a Material
Adverse Effect; 
 (e) to the Administrative Agent and to each of the Banks, if and when any member of the ERISA Group
(i) gives or is required to give notice to the PBGC of any “reportable event” (as defined in Section 4043 of ERISA) with respect to any Plan which might constitute grounds for a termination of such Plan under Title IV of ERISA,
or knows that the plan administrator of any Plan has given or is required to give notice of any such reportable event, a copy of the notice of such reportable event given or required to be given to the PBGC; (ii) receives notice of complete or
partial withdrawal liability under Title IV of ERISA or notice that any Multiemployer Plan is in reorganization, is insolvent or has been terminated, a copy of such notice; (iii) receives notice from the PBGC under Title IV of ERISA of an
intent to terminate, impose liability (other than for premiums under Section 4007 of ERISA) in respect of, or appoint a trustee to administer any Plan, a copy of such notice; (iv) applies for a waiver of the minimum funding standard under
Section 412 of the Internal Revenue Code, a copy of such application; (v) gives notice of intent to terminate any Plan under Section 4041(c) of ERISA, a copy of such notice and other information filed with the PBGC; (vi) gives
notice of withdrawal from any Plan pursuant to Section 4063 of ERISA, a copy of such notice; or (vii) fails to make 
  

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any payment or contribution to any Plan or Multiemployer Plan or in respect of any Benefit Arrangement or makes any amendment to any Plan or Benefit Arrangement which has resulted or could result
in the imposition of a Lien or the posting of a bond or other security, a certificate of the chief financial officer or the chief accounting officer of the Borrower setting forth details as to such occurrence and action, if any, which the Borrower
or applicable member of the ERISA Group is required or proposes to take; 
 (f) to the Administrative Agent and to each of the
Banks, promptly and in any event within five (5) Domestic Business Days after the Borrower obtains actual knowledge of any of the following events, a certificate of the Borrower executed by an officer of the Borrower specifying the nature of
such condition and the Borrower’s, and if the Borrower has actual knowledge thereof, the Environmental Affiliate’s proposed initial response thereto: (i) the receipt by the Borrower, or, if the Borrower has actual knowledge thereof,
any of the Environmental Affiliates, of any communication (written or oral), whether from a governmental authority, citizens group, employee or otherwise, that alleges that the Borrower, or, if the Borrower has actual knowledge thereof, any of the
Environmental Affiliates, is not in compliance with applicable Environmental Laws, and such noncompliance is likely to have a Material Adverse Effect, (ii) the Borrower shall obtain actual knowledge that there exists any Environmental Claim
which is likely to have a Material Adverse Effect pending or threatened against the Borrower or any Environmental Affiliate or (iii) the Borrower obtains actual knowledge of any release, emission, discharge or disposal of any Material of
Environmental Concern that is likely to form the basis of any Environmental Claim against the Borrower or any Environmental Affiliate; 

(g) to the Administrative Agent and to each of the Banks, promptly and in any event within five (5) Domestic Business Days after
receipt of any material notices or correspondence from any company or agent for any company providing insurance coverage to the Borrower relating to any material loss or loss of the Borrower with respect to any of the Unencumbered Asset Pool
Properties, copies of such notices and correspondence; and 
 (h) to the Administrative Agent and to each of the Banks (which
delivery may be made electronically, including via IntraLinks or posting to the internet website of the General Partner), promptly upon the mailing thereof to the shareholders or partners of the Borrower, copies of all financial statements, reports
and proxy statements so mailed; 
 (i) to the Administrative Agent and to each of the Banks (which delivery may be made
electronically, including via IntraLinks or posting to the internet website of the General Partner), promptly upon the filing thereof, copies of all registration statements (other than the exhibits thereto and any registration statements on Form S-8
or its equivalent) and reports on Forms 10-K, 10-Q and 8-K (or their equivalents) which the Borrower shall have filed with the Securities and Exchange Commission; 

(j) to the Administrative Agent and to each of the Banks (which delivery may be made electronically, including via IntraLinks),
simultaneously with delivery of the information required by Sections 5.1(a) and (b), a statement of Unencumbered Asset Pool Net Operating Cash Flow with respect to each Unencumbered Asset Pool Property and a list of all Unencumbered Asset Pool
Properties; and 
  

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 (k) to the Administrative Agent and to each of the Banks (which delivery may be made
electronically, including via IntraLinks), from time to time such additional information regarding the financial position or business of the Borrower as the Administrative Agent, at the request of any Bank, may reasonably request. 

Section 5.2 Payment of Obligations. The Borrower will pay and discharge, at or before maturity, all its material obligations
and liabilities including, without limitation, any obligation pursuant to any agreement by which it or any of its properties is bound and any tax liabilities, in any case, where failure to do so will likely result in a Material Adverse Effect except
(i) such tax liabilities may be contested in good faith by appropriate proceedings, and will maintain in accordance with GAAP, appropriate reserves for the accrual of any of the same; or (ii) such obligation or liability as may be
contested in good faith by appropriate proceedings. 
 Section 5.3 Maintenance of Property; Insurance. 

(a) The Borrower will keep each of the Unencumbered Asset Pool Properties in good repair, working order and condition, subject to
ordinary wear and tear. 
 (b) The Borrower shall (a) maintain insurance as specified in Section 4.27 hereof with
insurers meeting the qualifications described therein, which insurance shall in any event not provide for materially less coverage than the insurance in effect on the Closing Date, and (b) furnish to each Bank, or use reasonable efforts to
obtain from a tenant, if applicable, from time to time, upon written request, copies of the policies under which such insurance is issued, certificates of insurance and such other information relating to such insurance as such Bank may reasonably
request. The Borrower will deliver to the Banks (i) upon request of any Bank through the Administrative Agent from time to time, full information as to the insurance carried, (ii) within five (5) days of receipt of notice from any
insurer, a copy of any notice of cancellation or material change in coverage from that existing on the date of this Agreement and (iii) forthwith, notice of any cancellation or nonrenewal of coverage by the Borrower. 

Section 5.4 Conduct of Business. The Borrower’s primary business will continue to be acquiring, owning, operating,
managing, developing (to the extent permitted in this Agreement), and leasing office and industrial properties. 

Section 5.5 Compliance with Laws. (a) The Borrower will comply in all material respects with all applicable laws,
ordinances, rules, regulations, and requirements of governmental authorities (including, without limitation, Environmental Laws, all zoning and building codes and ERISA and the rules and regulations thereunder) except where the necessity of
compliance therewith is contested in good faith by appropriate proceedings. 
 (b) In the ordinary course of its business and at
such times as Borrower reasonably deems appropriate, Borrower shall conduct periodic reviews of the effect of Environmental Laws on its business, operations and properties, in the course of which it shall use commercially reasonable efforts to
identify and evaluate applicable liabilities and costs (including, without limitation, any capital or operating expenditures required as a matter of Environmental Law for clean-up or closure of properties presently or previously owned, any capital
or operating expenditures required as a matter of Environmental Law to achieve or 
  

 55 

 
maintain compliance with Environmental Law or as a condition of any license, permit or contract to which Borrower is a party or a beneficiary, any related constraints on operating activities,
including, without limitation, any periodic or permanent shutdown of any facility or reduction in the level of or change in the nature of operations conducted thereat, any costs or liabilities in connection with off-site disposal of wastes or
Materials of Environmental Concern, and any actual or potential liabilities to third parties, including, without limitation, employees, and any related costs and expenses). Borrower shall notify the Administrative Agent immediately if, on the basis
of any such review, such Borrower has reasonably concluded that such associated potential liabilities and costs, including, without limitation, the costs of compliance with Environmental Laws, could reasonably be expected to have a Material Adverse
Effect. 
 Section 5.6 Inspection of Property, Books and Records. The Borrower will keep proper books of record and
account in which full, true and correct entries shall be made of all dealings and transactions in relation to its business and activities; and will permit representatives of any Bank at such Bank’s expense to visit and inspect any of its
properties to examine and make abstracts from any of its books and records and to discuss its affairs, finances and accounts with its officers and employees, all at such reasonable times, upon reasonable notice, but in no event more than once each
fiscal year unless an Event of Default has occurred and is continuing, then as often as may reasonably be desired. 

Section 5.7 Existence. 

(a) The Borrower shall do or cause to be done all things necessary to preserve and keep in full force and effect its corporate existence
or its partnership existence, as applicable. 
 (b) The Borrower shall do or cause to be done all things necessary to preserve
and keep in full force and effect its patents, trademarks, servicemarks, tradenames, copyrights, franchises, licenses, permits, certificates, authorizations, qualifications, accreditations, easements, rights of way and other rights, consents and
approvals the nonexistence of which is likely to have a Material Adverse Effect. 
 Section 5.8 Financial Covenants.

 (a) Total Debt to Total Asset Value. As of the last day of each calendar quarter, the Total Debt Ratio will not be
greater than 60%. 
 (b) Fixed Charge Coverage. As of the last day of each calendar quarter, the ratio of (x) Annual
EBITDA, less reserves for Capital Expenditures of (i) $.30 per square foot per annum for each Real Property Asset that is an office property and (ii) $.15 per square foot per annum for each Real Property Asset that is an industrial
property, to (y) the sum of (i) Total Debt Service and (ii) dividends or other payments payable by the General Partner with respect to any preferred stock issued by the General Partner and distributions or other payments payable by
the Borrower with respect to any preferred partnership units of the Borrower, will not be less than 1.5:1.0. 
 (c)
Limitation on Secured Debt. Secured Debt of the Borrower, the General Partner and their Consolidated Subsidiaries, which for purposes hereof shall be deemed to include the Borrower’s and the General Partner’s pro rata share of the
Secured Debt of any Minority Holdings of the Borrower or the General Partner, shall at no time exceed thirty percent (30%) of Total Asset Value. 
  

 56 

 (d) Unsecured Debt Ratio. As of each of (x) the last day of each calendar
quarter, and (y) any Borrowing, the Unsecured Debt Ratio shall not be less than 1.67:1.0. 
 (e) Unencumbered Asset Pool
Debt Service Coverage. As of the last day of each calendar quarter and as of the date of any sale or secured financing of any Unencumbered Asset Pool Property, the ratio of (i) Unencumbered Asset Pool Net Operating Cash Flow to
(ii) Unsecured Debt Service will not be less than 2.0:1.0. 
 (f) Dividends. The Borrower will not, as determined on
an aggregate annual basis, pay any partnership distributions in excess of the greater of (i) 95% of its consolidated FFO for such year, and (ii) an amount which results in distributions to the General Partner (excluding therefrom any
preferred partnership distributions to the extent the same have been deducted from consolidated FFO for such year) in an amount sufficient to permit the General Partner to pay dividends to its shareholders which it reasonably believes are necessary
for it to (A) maintain its qualification as a real estate investment trust for federal and state income tax purposes, and (B) avoid the payment of federal or state income or excise tax. During the continuance of an Event of Default under
Section 6.1(a), the Borrower shall make only those partnership distributions necessary to make distributions to the General Partner to pay dividends to its shareholders which it reasonably believes are necessary to maintain its status as a real
estate investment trust for federal and state income tax purposes. 
 (g) Minimum Consolidated Tangible Net Worth. The
Consolidated Tangible Net Worth will at no time be less than the sum of (i) $1,300,000,000 plus (ii) 75% of all Net Offering Proceeds. 

(h) Unencumbered Asset Pool Net Operating Cash Flow to Unsecured Debt. As of the last day of each fiscal quarter for the
immediately preceding consecutive four quarters, the ratio (expressed as a percentage) of (i) Unencumbered Asset Pool Net Operating Cash Flow to (ii) Unsecured Debt (less Unrestricted Cash and Cash Equivalents of the Borrower) shall not be
less than 12%. 
 Section 5.9 Restriction on Fundamental Changes; Operation and Control. (a) The Borrower shall
not enter into any merger or consolidation, unless the Borrower is the surviving entity, or liquidate, wind-up or dissolve (or suffer any liquidation or dissolution), discontinue its business or convey, lease, sell, transfer or otherwise dispose of,
in one transaction or series of transactions, any substantial part of its business or property, whether now or hereafter acquired, hold an interest in any subsidiary which is not controlled by the Borrower or the General Partner or enter into other
business lines, without the prior written consent of the Administrative Agent, which consent shall not be given unless the Required Banks so consent. 

(b) The Borrower shall not amend its articles of incorporation, by-laws or agreement of limited partnership, as applicable, in any
material respect which is reasonably likely to have an adverse effect on the Banks, without the Administrative Agent’s consent, which shall not be unreasonably withheld or delayed. 

 

 57 

 Section 5.10 Changes in Business. The Borrower shall not enter into any business
which is substantially different from that conducted by the Borrower on the Closing Date after giving effect to the transactions contemplated by the Loan Documents. 

Section 5.11 Sale of Unencumbered Asset Pool Properties. Concurrent with the sale or transfer of any Unencumbered Asset Pool
Property that exceeds fifteen percent (15%) of the Unencumbered Asset Pool Properties Value, the Borrower shall (i) deliver written notice to the Administrative Agent, (ii) deliver to the Administrative Agent a certificate from its
chief financial officer, chief accounting officer, vice president or other duly authorized officer certifying that at the time of such sale or other disposal (based on pro-forma calculations for the previous period assuming that such Unencumbered
Asset Pool Property was not a Unencumbered Asset Pool Property for the relevant period) all of the covenants contained in Sections 5.8, 5.14 and 5.17 are and after giving effect to the transaction shall continue to be true and accurate in all
respects, and (iii) pay to the Administrative Agent an amount equal to that, if any, required pursuant to Section 2.10(a). In the event that a Separate Parcel that originally formed a part of a Unencumbered Asset Pool Property is to be
sold or transferred, the value of the remaining portion of the Unencumbered Asset Pool Property will be determined by Administrative Agent at the time of sale or transfer in its sole discretion. 

Section 5.12 Fiscal Year; Fiscal Quarter. The Borrower shall not change its fiscal year or any of its fiscal quarters without
the Administrative Agent’s prior written consent, which consent shall not be unreasonably withheld or delayed. 

Section 5.13 Margin Stock. None of the proceeds of the Loan will be used, directly or indirectly, for the purpose, whether
immediate, incidental or ultimate, of buying or carrying any Margin Stock. 
 Section 5.14 Use of Proceeds. The
Borrower shall use the proceeds of the Loans for its general business purposes; provided, however, that no Swingline Loan shall be used for the purpose of refinancing another Swingline Loan, in whole or part. 

Section 5.15 General Partner Status. The General Partner shall at all times (i) maintain its status as a self-directed
and self-administered real estate investment trust under the Internal Revenue Code, and (ii) remain a publicly traded company listed on the New York Stock Exchange. 

Section 5.16 Certain Requirements for the Unencumbered Asset Pool. Any Subsidiary which owns any of the Real Property Assets
in the Unencumbered Asset Pool shall not at any time incur any Recourse Debt, nor shall the Borrower pledge its interest in such Subsidiary nor shall the Borrower or such Subsidiary enter into any negative pledge with respect thereto. 

Section 5.17 Aggregate Total Asset Value Limitation. The sum of (a) the aggregate value (determined in accordance with
the book value thereof, in accordance with GAAP) of the Real Property Assets subject to Borrower’s development activities, (b) the value of the Borrower’s and the General Partner’s interest in any joint venture, whether
consolidated or unconsolidated, and (c) the aggregate amount of the investments of the Borrower, the General Partner and their Consolidated Subsidiaries in unimproved real property, shall not in the aggregate exceed thirty percent (30%) of
Total Asset Value. 
  

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 ARTICLE VI 

DEFAULTS 

Section 6.1 Events of Default. Each of the following shall constitute an event of default under this Agreement (an
“Event of Default”): 
 (a) the Borrower shall fail to pay when due any principal of any Loan, or the Borrower shall
fail to pay when due any interest on any Loan; provided, however, that the Borrower shall be entitled to a three (3) Domestic Business Day grace period with respect thereto but only as to two (2) payments of interest during the Term, or
the Borrower shall fail to pay within three (3) Domestic Business Days after the same is due any fees or other amounts payable hereunder; 

(b) the Borrower shall fail to observe or perform any covenant contained in Sections 5.8 to 5.17, inclusive, subject to any applicable
grace periods set forth therein; 
 (c) the Borrower shall fail to observe or perform any covenant or agreement contained in
this Agreement (other than those covered by clause (a) or (b) above) for 30 days after written notice thereof has been given to the Borrower by the Administrative Agent; 

(d) any representation, warranty, certification or statement made by the Borrower in this Agreement or in any certificate, financial
statement or other document delivered pursuant to this Agreement shall prove to have been incorrect in any material respect when made (or deemed made); 

(e) the Borrower or the General Partner shall default in the payment when due (whether by scheduled maturity, required prepayment,
acceleration, demand or otherwise) of any amount owing in respect of any Recourse Debt or Debt guaranteed by the Borrower or the General Partner (other than the Obligations) in an aggregate principal amount of more than $35,000,000 and such default
shall continue beyond the giving of any required notice and the expiration of any applicable grace period (as the same may be extended by the applicable lender) and such default shall not be waived by the applicable lender (which waiver shall serve
to reinstate the applicable loan), or the Borrower or the General Partner shall default in the performance or observance of any obligation or condition with respect to any such Debt or any other event shall occur or condition exist beyond the giving
of any required notice and the expiration of any applicable grace period (as the same may be extended by the applicable lender), if in any such case as a result of such default, event or condition, the lender thereof shall accelerate the maturity of
any such Debt or to permit (without any further requirement of notice or lapse of time) the holder or holders thereof, or any trustee or agent for such holders, to accelerate the maturity of any such Debt and such default shall not be waived by the
applicable lender (which waiver shall serve to reinstate the applicable loan), or any such Debt shall become or be declared to be due and payable prior to its stated maturity other than as a result of a regularly scheduled payment; 

 

 59 

 (f) the Borrower or the General Partner shall commence a voluntary case or other proceeding
seeking liquidation, reorganization or other relief with respect to itself or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or
other similar official of it or any substantial part of its property, or shall consent to any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it, or shall
make a general assignment for the benefit of creditors, or shall fail generally to pay its debts as they become due, or shall take any corporate action to authorize any of the foregoing; 

(g) an involuntary case or other proceeding shall be commenced against the Borrower or the General Partner seeking liquidation,
reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it
or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of 60 days; or an order for relief shall be entered against the Borrower or the General Partner under the
federal bankruptcy laws as now or hereafter in effect; 
 (h) the Borrower shall default in its obligations under any Loan
Document other than this Agreement beyond any applicable notice and grace periods; 
 (i) the General Partner shall default in
its obligations under the Guaranty beyond any applicable notice and grace periods; 
 (j) any member of the ERISA Group shall
fail to pay when due an amount or amounts aggregating in excess of $1,000,000 which it shall have become liable to pay under Title IV of ERISA, or notice of intent to terminate a Material Plan shall be filed under Title IV of ERISA by any member of
the ERISA Group, any plan administrator or any combination of the foregoing, or the PBGC shall institute proceedings under Title IV of ERISA to terminate, to impose liability (other than for premiums under Section 4007 of ERISA) in respect of,
or to cause a trustee to be appointed to administer any Material Plan, or a condition shall exist by reason of which the PBGC would be entitled to obtain a decree adjudicating that any Material Plan must be terminated, or there shall occur a
complete or partial withdrawal from, or a default, within the meaning of Section 4219(c)(5) of ERISA, with respect to, one or more Multiemployer Plans which could cause one or more members of the ERISA Group to incur a current payment
obligation in excess of $1,000,000; 
 (k) one or more final nonappealable judgments or decrees in an aggregate amount of
$10,000,000 as of such date shall be entered by a court or courts of competent jurisdiction against the Borrower or the General Partner (other than any judgment as to which, and only to the extent, a reputable insurance company has acknowledged
coverage of such claim in writing) and (i) any such judgments or decrees shall not be stayed, discharged, paid, bonded or vacated within thirty (30) days (or bonded, vacated or satisfied within thirty (30) after any stay is lifted) or
(ii) enforcement proceedings shall be commenced by any creditor on any such judgments or decrees; 
  

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 (l) (i) any Environmental Claim shall have been asserted against the Borrower or any
Environmental Affiliate, (ii) any release, emission, discharge or disposal of any Material of Environmental Concern shall have occurred, and such event is reasonably likely to form the basis of an Environmental Claim against the Borrower or any
Environmental Affiliate, or (iii) the Borrower or the Environmental Affiliates shall have failed to obtain any Environmental Approval necessary for the ownership, or operation of its business, property or assets or any such Environmental
Approval shall be revoked, terminated, or otherwise cease to be in full force and effect, in the case of clauses (i), (ii) or (iii) above, if the existence of such condition has had or is reasonably likely to have a Material Adverse
Effect; 
 (m) during any consecutive twenty-four month period commencing on or after the date hereof, individuals who at the
beginning of such period constituted the Board of Directors of the General Partner of the Borrower (together with any new directors whose election by the Board of Directors or whose nomination for election by the General Partner stockholders was
approved by a vote of at least a majority of the members of the Board of Directors then in the office who either were members of the Board of Directors at the beginning of such period or whose election or nomination for election was previously so
approved) cease for any reason to constitute a majority of the members of the Board of Directors then in office, except for any such change resulting from (x) death or disability of any such member, (y) satisfaction of any requirement for
the majority of the members of the Board of Directors of the General Partner to qualify under applicable law as independent directors, or (z) the replacement of any member of the Board of Directors who is an officer or employee of the General
Partner with any other officer or employee of the General Partner or its affiliate; 
 (n) the General Partner shall cease at
any time to qualify as a real estate investment trust under the Internal Revenue Code; and 
 (o) at any time, for any reason,
the Borrower or the General Partner seeks to repudiate its obligations under any Loan Document. 
 Section 6.2 Rights
and Remedies. (a) Upon the occurrence of any Event of Default described in Sections 6.1(f) or (g), the unpaid principal amount of, and any and all accrued interest on, the Loans and any and all accrued fees and other Obligations hereunder
shall automatically become immediately due and payable, with all additional interest from time to time accrued thereon and without presentation, demand, or protest or other requirements of any kind (including, without limitation, valuation and
appraisement, diligence, presentment, notice of intent to demand or accelerate and notice of acceleration), all of which are hereby expressly waived by the Borrower; and upon the occurrence and during the continuance of any other Event of Default,
the Administrative Agent may exercise any of its rights and remedies hereunder and by written notice to the Borrower, declare the Commitment of each Bank to make Loans to be terminated whereupon the same shall forthwith terminate, declare the unpaid
principal amount of and any and all accrued and unpaid interest on the Loans and any and all accrued fees and other Obligations hereunder to be, and the same shall thereupon be, immediately due and payable with all additional interest from time to
time accrued thereon and without presentation, demand, or 
  

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protest or other requirements of any kind other than as provided in the Loan Documents (including, without limitation, valuation and appraisement, diligence, presentment, and notice of intent to
demand or accelerate), all of which are hereby expressly waived by the Borrower. 
 (b) Notwithstanding the foregoing, upon the
occurrence and during the continuance of any Event of Default other than any Event of Default described in Sections 6.1(f) or (g), the Administrative Agent shall not exercise any of its rights and remedies hereunder nor declare the unpaid principal
amount of and any and all accrued and unpaid interest on the Loans and any and all accrued fees and other Obligations hereunder to be immediately due and payable, until such time as the Administrative Agent shall have delivered a notice to the Banks
specifying the Event of Default which has occurred and whether Administrative Agent recommends the acceleration of the Obligations due hereunder or the exercise of other remedies hereunder. The Banks shall notify the Administrative Agent if they
approve or disapprove of the acceleration of the Obligations due hereunder or the exercise of such other remedy recommended by Administrative Agent within five (5) Domestic Business Days after receipt of such notice. If any Bank shall not
respond within such five (5) Domestic Business Day period, then such Bank shall be deemed to have accepted Administrative Agent’s recommendation for acceleration of the Obligations due hereunder or the exercise of such other remedy.
Regardless of the Administrative Agent’s recommendation, if the Required Banks shall approve the acceleration of the Obligations due hereunder or the exercise of such other remedy, then Administrative Agent shall declare the Commitment of each
Bank to make Loans to be terminated whereupon the same shall forthwith terminate and declare the unpaid principal amount of and any and all accrued and unpaid interest on the Loans and any and all accrued fees and other Obligations hereunder to be
immediately due and payable or exercise such other remedy approved by the Required Banks. If the Required Banks shall neither approve nor disapprove the acceleration of the Obligations due hereunder or such other remedy recommended by Administrative
Agent, then Administrative Agent may accelerate the Obligations due hereunder or exercise any of its rights and remedies hereunder in its sole discretion. If the Required Banks shall disapprove the acceleration of the Obligations due hereunder or
the exercise of such other remedy recommended by Administrative Agent, but approve of another remedy, then to the extent permitted hereunder, Administrative Agent shall exercise such remedy. In the event the Administrative Agent exercises any remedy
provided in any of the Loan Documents, the Administrative Agent shall act as a collateral agent for the Banks. 
 (c)
Notwithstanding the foregoing, if in Administrative Agent’s sole judgement, immediate action is required after an Event of Default has occurred to prevent loss to the Banks, the Administrative Agent may exercise any of its rights and remedies
pursuant to this Agreement, including, without limitation, acceleration of the Obligations hereunder, without the prior consent of the Required Banks provided that the Administrative Agent has notified the Banks of its intention so to exercise such
rights and remedies and within 48 hours (such hours being counted only on Domestic Business Days) thereafter the Required Banks have not instructed the Administrative Agent to the contrary. 

Section 6.3 Notice of Default. If the Administrative Agent shall not already have given any notice to the Borrower under
Section 6.1, the Administrative Agent shall give notice to the Borrower under Section 6.1 promptly upon being requested to do so by the Required Banks and shall thereupon notify all the Banks thereof. 

 

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 Section 6.4 Actions in Respect of Letters of Credit. (a) If, at any time
and from time to time, any Letter of Credit shall have been issued hereunder and an Event of Default shall have occurred and be continuing, then, upon the occurrence and during the continuation thereof, the Administrative Agent may, and if requested
by the Required Banks the Administrative Agent shall, whether in addition to the taking by the Administrative Agent of any of the actions described in this Article or otherwise, make a demand upon the Borrower to, and forthwith upon such demand (but
in any event within ten (10) days after such demand) the Borrower shall, pay to the Administrative Agent, on behalf of the Banks, in same day funds at the Administrative Agent’s office designated in such demand, for deposit in a special
cash collateral account (the “Letter of Credit Collateral Account”) to be maintained in the name of the Administrative Agent (on behalf of the Banks) and under its sole dominion and control at such place as shall be designated by the
Administrative Agent, an amount equal to the amount of the Letter of Credit Usage under the Letters of Credit. Interest shall accrue on the Letter of Credit Collateral Account at a rate equal to the rate on overnight funds. 

(b) The Borrower hereby pledges, assigns and grants to the Administrative Agent, as administrative agent for its benefit and the ratable
benefit of the Banks a lien on and a security interest in, the following collateral (the “Letter of Credit Collateral”): 

(i) the Letter of Credit Collateral Account, all cash deposited therein and all certificates and instruments, if any, from
time to time representing or evidencing the Letter of Credit Collateral Account; 
 (ii) all notes, certificates
of deposit and other instruments from time to time hereafter delivered to or otherwise possessed by the Administrative Agent for or on behalf of the Borrower in substitution for or in respect of any or all of the then existing Letter of Credit
Collateral; 
 (iii) all interest, dividends, cash, instruments and other property from time to time received,
receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Letter of Credit Collateral; and 

(iv) to the extent not covered by the above clauses, all proceeds of any or all of the foregoing Letter of Credit
Collateral. 
 The lien and security interest granted hereby secures the payment of all obligations of the Borrower now or hereafter existing
hereunder and under any other Loan Document. 
 (c) The Borrower hereby authorizes the Administrative Agent for the ratable
benefit of the Banks to apply, from time to time after funds are deposited in the Letter of Credit Collateral Account, funds then held in the Letter of Credit Collateral Account to the payment of any amounts, in such order as the Administrative
Agent may elect, as shall have become due and payable by the Borrower to the Banks in respect of the Letters of Credit. 
 (d)
Neither the Borrower nor any Person claiming or acting on behalf of or through the Borrower shall have any right to withdraw any of the funds held in the Letter of Credit Collateral Account, except as provided in Section 6.4(h) hereof.

  

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 (e) The Borrower agrees that it will not (i) sell or otherwise dispose of any interest
in the Letter of Credit Collateral or (ii) create or permit to exist any lien, security interest or other charge or encumbrance upon or with respect to any of the Letter of Credit Collateral, except for the security interest created by this
Section 6.4. 
 (f) If any Event of Default shall have occurred and be continuing: 

(i) The Administrative Agent may, in its sole discretion, without notice to the Borrower except as required by law and at
any time from time to time, charge, set off or otherwise apply all or any part of the Letter of Credit Collateral first, (x) amounts previously drawn on any Letter of Credit that have not been reimbursed by the Borrower and (y) any Letter
of Credit Usage described in clause (ii) of the definition thereof that are then due and payable and second, any other unpaid Obligations then due and payable against the Letter of Credit Collateral Account or any part thereof, in such order as
the Administrative Agent shall elect. The rights of the Administrative Agent under this Section 6.4 are in addition to any rights and remedies which any Bank may have. 

(ii) The Administrative Agent may also exercise, in its sole discretion, in respect of the Letter of Credit Collateral
Account, in addition to the other rights and remedies provided herein or otherwise available to it, all the rights and remedies of a secured party upon default under the Uniform Commercial Code in effect in the State of New York at that time.

 (g) The Administrative Agent shall be deemed to have exercised reasonable care in the custody and preservation of the Letter
of Credit Collateral if the Letter of Credit Collateral is accorded treatment substantially equal to that which the Administrative Agent accords its own property, it being understood that, assuming such treatment, the Administrative Agent shall not
have any responsibility or liability with respect thereto. 
 (h) At such time as all Events of Default have been cured or
waived in writing, all amounts remaining in the Letter of Credit Collateral Account shall be promptly returned to the Borrower. Absent such cure or written waiver, any surplus of the funds held in the Letter of Credit Collateral Account and
remaining after payment in full of all of the Obligations of the Borrower hereunder and under any other Loan Document after the Maturity Date shall be paid to the Borrower or to whomsoever may be lawfully entitled to receive such surplus.

 ARTICLE VII 

THE ADMINISTRATIVE AGENT 

Section 7.1 Appointment and Authorization. Each Bank irrevocably appoints and authorizes the Administrative Agent to take
such action as agent on its behalf and to exercise such powers under this Agreement and the other Loan Documents as are delegated to the Administrative Agent by the terms hereof or thereof, together with all such powers as are

  

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reasonably incidental thereto. Except as otherwise expressly permitted by this Agreement or with the prior written consent of the Administrative Agent, only the Administrative Agent (and not one
or more of the Banks) shall have the authority to deal directly with the Borrower under this Agreement and each Bank acknowledges that all notices, demands or requests from such Bank to Borrower must be forwarded to the Administrative Agent for
delivery to the Borrower. Each Bank acknowledges that, except as otherwise expressly set forth in this Agreement, the Borrower has no obligation to act or refrain from acting on instructions or demands of one or more Banks absent written
instructions from Administrative Agent in accordance with its rights and authority hereunder. 
 Section 7.2
Administrative Agent and Affiliates. JPMorgan Chase Bank, N.A. shall have the same rights and powers under this Agreement as any other Bank and may exercise or refrain from exercising the same as though it were not the Administrative Agent,
and JPMorgan Chase Bank, N.A. and its affiliates may accept deposits from, lend money to, and generally engage in any kind of business with the Borrower or any subsidiary or affiliate of the Borrower as if it were not the Administrative Agent
hereunder, and the term “Bank” and “Banks” shall include JPMorgan Chase Bank, N.A. in its individual capacity. 

Section 7.3 Action by Administrative Agent. (a) The obligations of the Administrative Agent hereunder are only those
expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article VI. The Administrative Agent shall
not have by reason of the execution and delivery of the Loan Documents to which it is a party, the performance of any of its obligations thereunder, or by the use of the term “Administrative Agent”, a fiduciary relationship in respect of
any Bank or the Borrower. 
 (b) The Administrative Agent shall promptly forward, or make available by Intralinks or other
internet access system, to each Bank tangible or electronic copies, or notify (in writing or electronically and, if electronically, the Administrative Agent will also transmit a fax indicating that the information in question is being transmitted
electronically) each Bank as to the contents, of all notices, financial statements and other significant materials and communications received from the Borrower pursuant to the terms of this Agreement or any other Loan Document and, in the event
that the Borrower fails to pay when due the principal of or interest on any Loan, the Administrative Agent shall promptly give notice thereof to the Banks. As to any matters not expressly provided for by the Loan Documents, the Administrative Agent
shall not be required to exercise any discretion or take any action, but shall be required to act or to refrain from acting (and shall be fully protected in so acting or refraining from acting) upon the instructions of the Required Banks, and such
instructions shall be binding upon all the Banks; provided, however, that the Administrative Agent shall not be required to take any action that exposes the Administrative Agent to personal liability or that is contrary to this Agreement or
applicable law. If the Borrower shall have made any payment of principal of and interest on the Loans or any other amount due hereunder in accordance with Article II hereof and the Administrative Agent shall not have distributed to each Bank its
proper share of such payment on the date on which such payment shall be received (other than as a result of any shutdown of or disturbance in any payment system or any other event or circumstance beyond the reasonable control of the Administrative
Agent), then the Administrative Agent shall pay such proper share to such Bank together with interest thereon at the Federal Funds Rate for each day from the date 

 

 65 

 
such payment shall have been received from the Borrower until the date such amount is paid by the Administrative Agent to such Bank. If any Bank transfers funds to the Administrative Agent in
anticipation of the making of a Loan that is subsequently not made, then the Administrative Agent agrees to repay such funds to such Bank upon the receipt of a notice from such Bank requesting the repayment of such funds, together with interest
thereon at the Federal Funds Rate for each day from the date which is the day upon which Administrative Agent shall have received a notice from such bank requesting the repayment of such funds until the date such amount is paid by the Administrative
Agent to such Bank. 
 Section 7.4 Consultation with Experts. The Administrative Agent may consult with legal
counsel (who may be counsel for the Borrower), independent public accountants and other experts selected by it and shall not be liable for any action taken or omitted to be taken by it in good faith in accordance with the advice of such counsel,
accountants or experts. 
 Section 7.5 Liability of Administrative Agent. Neither the Administrative Agent nor any
of its affiliates nor any of their respective directors, officers, agents or employees shall be liable for any action taken or not taken by it in connection herewith (i) with the consent or at the request of the Required Banks or, where
required by the terms of this Agreement, all of the Banks, or (ii) in the absence of its own gross negligence or willful misconduct. Neither the Administrative Agent nor any of its directors, officers, agents or employees shall be responsible
for or have any duty to ascertain, inquire into or verify (i) any statement, warranty or representation made in connection with this Agreement or any borrowing hereunder; (ii) the performance or observance of any of the covenants or
agreements of the Borrower; (iii) the satisfaction of any condition specified in Article III, except receipt of items required to be delivered to the Administrative Agent; or (iv) the validity, effectiveness or genuineness of this
Agreement, the other Loan Documents or any other instrument or writing furnished in connection herewith. The Administrative Agent shall not incur any liability by acting in reliance upon any notice, consent, certificate, statement, or other writing
(which may be a bank wire, telex or similar writing) believed by it in good faith to be genuine or to be signed by the proper party or parties. 

Section 7.6 Indemnification. Each Bank shall, ratably in accordance with its Commitment, indemnify the Administrative Agent,
its affiliates and their respective directors, officers, agents and employees (to the extent not reimbursed by the Borrower) against any cost, expense (including counsel fees and disbursements), claim, demand, action, loss or liability (except such
as result from such indemnitees’ gross negligence or willful misconduct) that such indemnitees may suffer or incur as a result of, or in connection with, the Administrative Agent’s capacity as Administrative Agent in connection with this
Agreement, the other Loan Documents or any action taken or omitted by such indemnitees in accordance with this Agreement. 

Section 7.7 Credit Decision. Each Bank acknowledges that it has, independently and without reliance upon the Administrative
Agent or any other Bank, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Bank also acknowledges that it will, independently and without reliance
upon the Administrative Agent or any other Bank, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking any action under this Agreement. 

 

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 Section 7.8 Successor Administrative Agent. The Administrative Agent may resign
at any time by giving notice thereof to the Banks and the Borrower. In addition, if the Administrative Agent at any time shall have been finally determined to have committed gross negligence or willful misconduct in connection with its performance
of its duties as Administrative Agent hereunder or if the Commitment of the Administrative Agent, in its capacity as a Bank, inclusive of participations, shall be less than $10,000,000, then, upon notice from the Required Banks, the Administrative
Agent shall resign. Upon any such resignation, the Required Banks shall have the right to appoint a successor Administrative Agent with the consent of the Borrower; provided that the consent of the Borrower shall not be required if an Event of
Default shall have occurred and be continuing. If no successor Administrative Agent shall have been so appointed by the Required Banks, and shall have accepted such appointment, within 30 days after the retiring Administrative Agent gives notice of
resignation, then the retiring Administrative Agent may, on behalf of the Banks, appoint a successor Administrative Agent, with the reasonable approval of the Borrower provided that no Event of Default shall have occurred and be outstanding, which
shall be a commercial bank organized or licensed under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least $500,000,000, total assets of at least $25,000,000,000 and a long-term
senior unsecured indebtedness rating of BBB+ or better by S&P (if rated by S&P) and Baa1 by Moody’s (if rated by Moody’s). Upon the acceptance of its appointment as the Administrative Agent hereunder by a successor Administrative
Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights and duties of the retiring Administrative Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations
hereunder first accruing or arising after the effective date of such retirement. After any retiring Administrative Agent’s resignation hereunder as Administrative Agent, the provisions of this Article shall inure to its benefit as to any
actions taken or omitted to be taken by it while it was the Administrative Agent. 
 If, at any time during the Term, the
Administrative Agent shall no longer have any Commitment under this Agreement, the Administrative Agent shall give notice of its offer to resign to the Banks and the Borrower. Upon any such offer of resignation, the Required Banks shall have the
right to appoint a successor Administrative Agent or to retain the Administrative Agent with the consent of the Borrower; provided that the consent of the Borrower shall not be required if an Event of Default shall have occurred and be continuing.

 Section 7.9 Administrative Agent’s Fee. The Borrower shall pay to the Administrative Agent for its own
account fees in the amounts and at the times previously agreed upon between the Borrower and the Administrative Agent. 

Section 7.10 Copies of Notices. Administrative Agent shall deliver to each Bank a copy of any notice sent to the Borrower by
Administrative Agent in connection with the performance of its duties as Administrative Agent hereunder; and Administrative Agent shall deliver to each Bank a copy of any notice sent to the Administrative Agent by the Borrower in connection with any
Default or Event of Default hereunder. 
  

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 ARTICLE VIII 

CHANGE IN CIRCUMSTANCES 

Section 8.1 Basis for Determining Interest Rate Inadequate or Unfair. If on or prior to the first day of any Interest Period
for any Euro-Dollar Borrowing or Money Market Borrowing: 
 (a) the Administrative Agent is advised by the Reference Bank that
deposits in dollars (in the applicable amounts) are not being offered to the Reference Bank in the relevant market for such Interest Period, or 

(b) Banks having 50% or more of the aggregate amount of the affected Loans advise the Administrative Agent that the Adjusted London
Interbank Offered Rate as determined by the Administrative Agent will not adequately and fairly reflect the cost to such Banks of funding their Euro-Dollar Loans for such Interest Period, the Administrative Agent shall forthwith give notice thereof
to the Borrower and the Banks, whereupon until the Administrative Agent notifies the Borrower that the circumstances giving rise to such suspension no longer exist, the obligations of the Banks to make Euro-Dollar Loans, or to continue or convert
outstanding Loans as or into Euro-Dollar Loans, as the case may be, shall be suspended, and each outstanding Euro-Dollar Loan shall be converted into a Base Rate Loan on the last day of the then current Interest Period applicable thereto. Unless the
Borrower notifies the Administrative Agent at least two Domestic Business Days before the date of any Euro-Dollar Borrowing or Money Market LIBOR Borrowing for which a Notice of Borrowing has previously been given that it elects not to borrow on
such date, (i) if such Borrowing is a Committed Borrowing, such Borrowing shall instead be made as a Base Rate Borrowing, and (ii) if such Borrowing is a Money Market LIBOR Borrowing, the Money Market LIBOR Loans comprising such Borrowing
shall bear interest for each day from and including the first day to but excluding the last day of the Interest Period applicable thereto at the Base Rate for such day. 

Section 8.2 Illegality. If, after the date of this Agreement, the adoption of any applicable law, rule or regulation, or any
change in any existing applicable law, rule or regulation, or any change in the interpretation or administration thereof by any governmental authority, central bank or comparable agency charged with the interpretation or administration thereof, or
compliance by any Bank (or its Euro-Dollar Lending Office) with any request or directive (whether or not having the force of law) of any such authority, central bank or comparable agency shall make it unlawful or impossible for any Bank (or its
Euro-Dollar Lending Office) to make, maintain or fund its Euro-Dollar Loans or Money Market Loans or to participate in any Letter of Credit issued by the Fronting Bank, or, with respect to the Fronting Bank, to issue any Letter of Credit, and such
Bank shall so notify the Administrative Agent, the Administrative Agent shall forthwith give notice thereof to the other Banks and the Borrower, whereupon until such Bank notifies the Borrower and the Administrative Agent that the circumstances
giving rise to such suspension no longer exist, the obligation of such Bank to make or convert Euro-Dollar Loans or Money Market Loans, or to participate in any Letter of Credit issued by the Fronting Bank or, with respect to the Fronting Bank, to
issue any Letter of Credit, shall be suspended. Before giving any notice to the Administrative Agent pursuant to this Section, such Bank shall designate a different Euro-Dollar Lending Office if such

  

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designation will avoid the need for giving such notice and will not, in the judgment of such Bank, be otherwise disadvantageous to such Bank. If such Bank shall determine that it may not lawfully
continue to maintain and fund any of its outstanding Euro-Dollar Loans or Money Market Loans (as the case may be) to maturity and shall so specify in such notice, the Borrower shall immediately prepay in full the then outstanding principal amount of
each such Euro-Dollar Loan or Money Market Loan, together with accrued interest thereon. Concurrently with prepaying each such Euro-Dollar Loan, the Borrower shall borrow a Base Rate Loan in an equal principal amount from such Bank (on which
interest and principal shall be payable contemporaneously with the related Euro-Dollar Loans or Money Market Loans of the other Banks), and such Bank shall make such a Base Rate Loan. 

Section 8.3 Increased Cost and Reduced Return. 

(a) If, after (x) the date hereof, in the case of any Committed Loan or any obligation to make Committed Loans or (y) the date
of the related Money Market Quote, in the case of any Money Market Loan, the adoption of any applicable law, rule or regulation, or any change in any applicable law, rule, directive, decision or regulation, or any change in the interpretation,
re-interpretation, application or administration thereof by any governmental authority, central bank or comparable agency charged with the interpretation or administration thereof, or compliance by any Bank (or its Applicable Lending Office) with
any request, decision or directive (whether or not having the force of law) of any such authority, central bank or comparable agency shall impose, modify or deem applicable any reserve (including, without limitation, any such requirement imposed by
the Board of Governors of the Federal Reserve System (but excluding with respect to any Euro-Dollar Loan any such requirement reflected in an applicable Euro-Dollar Reserve Percentage)), special deposit, insurance assessment or similar requirement
against assets of, deposits with or for the account of, or credit extended by, any Bank (or its Applicable Lending Office) or shall impose on any Bank (or its Applicable Lending Office) or on the London interbank market any other condition affecting
its Euro-Dollar Loans or Money Market LIBOR Loans, its Note, or its obligation to make Euro-Dollar Loans, and the result of any of the foregoing is to increase the cost to such Bank (or its Applicable Lending Office) of making or maintaining any
Euro-Dollar Loan, or to reduce the amount of any sum received or receivable by such Bank (or its Applicable Lending Office) under this Agreement or under its Note with respect thereto, by an amount deemed by such Bank to be material, then, within 15
days after demand by such Bank (with a copy to the Administrative Agent), which demand shall be accompanied by a certificate showing, in reasonable detail, the calculation of such amount or amounts, the Borrower shall pay to such Bank such
additional amount or amounts as will compensate such Bank for such increased cost or reduction. 
 (b) If any Bank shall have
determined that, after the date hereof, the adoption of any applicable law, rule or regulation regarding capital adequacy, or any change in any such law, rule or regulation, or any change in the interpretation or administration thereof by any
governmental authority, central bank or comparable agency charged with the interpretation or administration thereof, or any request or directive regarding capital adequacy (whether or not having the force of law) of any such authority, central bank
or comparable agency, has or would have the effect of reducing the rate of return on capital of such Bank (or its Parent) as a consequence of such Bank’s obligations hereunder to a level below that which such Bank (or its Parent) could have
achieved but for such adoption, change, request or directive (taking into 
  

 69 

 
consideration its policies with respect to capital adequacy) by an amount deemed by such Bank to be material, then from time to time, within 15 days after demand by such Bank (with a copy to the
Administrative Agent), which demand shall be accompanied by a certificate showing, in reasonable detail, the calculation of such amount or amounts, the Borrower shall pay to such Bank such additional amount or amounts as will compensate such Bank
(or its Parent) for such reduction. 
 (c) Each Bank will promptly notify the Borrower and the Administrative Agent of any event
of which it has knowledge, occurring after the date hereof, which will entitle such Bank to compensation pursuant to this Section (although failure or delay on the part of any Bank to provide such notice or to demand compensation pursuant to this
Section, after receiving notice of increased cost or reduced rate of return, shall not constitute a waiver of such Bank’s right to demand such compensation unless such failure materially prejudices Borrower’s rights hereunder) and will
designate a different Applicable Lending Office if such designation will avoid the need for, or reduce the amount of, such compensation and will not, in the judgment of such Bank, be otherwise disadvantageous to such Bank. A certificate of any Bank
claiming compensation under this Section and setting forth the additional amount or amounts to be paid to it hereunder shall be conclusive in the absence of manifest error. In determining such amount, such Bank may use any reasonable averaging and
attribution methods. 
 Section 8.4 Taxes. 

(a) Any and all payments by the Borrower to or for the account of any Bank or the Administrative Agent hereunder or under any other Loan
Document shall be made free and clear of and without deduction for any and all present or future taxes, duties, levies, imposts, deductions, charges or withholdings, and all liabilities, including, without limitation, penalties, interest and
expenses, with respect thereto, excluding, in the case of each Bank and the Administrative Agent, taxes imposed on its income, and franchise taxes imposed on it, by the jurisdiction under the laws of which such Bank or the Administrative Agent (as
the case may be) is organized or any political subdivision thereof and, in the case of each Bank, taxes imposed on its income, and franchise or similar taxes imposed on it, by the jurisdiction of such Bank’s Applicable Lending Office or any
political subdivision thereof (and, if different from the jurisdiction of such Bank’s Applicable Lending Office, the jurisdiction of the domicile of its Loans either established by the Bank pursuant to Section 9.14 or determined by the
applicable taxing authorities) (all such non-excluded taxes, duties, levies, imposts, deductions, charges, withholdings and liabilities being hereinafter referred to as “Taxes”). If the Borrower shall be required by law to deduct
any Taxes from or in respect of any sum payable hereunder or under any Note or Letter of Credit or participation therein to any Bank or the Administrative Agent, (i) the sum payable shall be increased as necessary so that after making all
required deductions (including deductions applicable to additional sums payable under this Section 8.4) such Bank, the Fronting Bank or the Administrative Agent (as the case may be) receives an amount equal to the sum it would have received had
no such deductions been made, (ii) the Borrower shall make such deductions, (iii) the Borrower shall pay the full amount deducted to the relevant taxation authority or other authority in accordance with applicable law and (iv) the
Borrower shall furnish to the Administrative Agent, at its address referred to in Section 9.1, the original or a certified copy of a receipt evidencing payment thereof. 

 

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 (b) In addition, the Borrower agrees to pay any present or future stamp or documentary taxes
and any other excise or property taxes, or charges or similar levies which arise from any payment made hereunder or under any Note or Letter of Credit or participation therein or from the execution or delivery of, or otherwise with respect to, this
Agreement or any Note or Letter of Credit or participation therein (hereinafter referred to as “Other Taxes”). 

(c) The Borrower agrees to indemnify each Bank, the Fronting Bank and the Administrative Agent for the full amount of Taxes or Other
Taxes (including, without limitation, any Taxes or Other Taxes imposed or asserted by any jurisdiction on amounts payable under this Section 8.4) paid by such Bank, the Fronting Bank or the Administrative Agent (as the case may be) and any
liability (including penalties, interest and expenses) arising therefrom or with respect thereto (whether or not such Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority). Any payment required
under this indemnification shall be made within 15 days from the date such Bank, the Fronting Bank or the Administrative Agent (as the case may be) makes demand therefor. The Administrative Agent shall reasonably cooperate, at no cost to the
Administrative Agent or the Banks, with efforts by Borrower to recover any Taxes or Other Taxes which Borrower reasonably believes were incorrectly or illegally imposed. 

(d) Each Bank organized under the laws of a jurisdiction outside the United States, on or prior to the date of its execution and delivery
of this Agreement in the case of each Bank listed on the signature pages hereof and on or prior to the date on which it becomes a Bank in the case of each other Bank, and from time to time thereafter if requested in writing by the Borrower (but only
so long as such Bank remains lawfully able to do so), shall provide the Borrower with Internal Revenue Service form 1001 or 4224, as appropriate, or any successor form prescribed by the Internal Revenue Service, certifying that such Bank is entitled
to benefits under an income tax treaty to which the United States is a party which reduces the rate of withholding tax on payments of interest or certifying that the income receivable pursuant to this Agreement is effectively connected with the
conduct of a trade or business in the United States. If the form provided by a Bank at the time such Bank first became a party to this Agreement or at any time thereafter (other than solely by reason of a change in United States law or a change in
the terms of any treaty to which the United States is a party after the date hereof) indicates a United States interest withholding tax rate in excess of zero (or would have indicated such a withholding tax rate if such form had been submitted and
completed accurately and completely and either was not submitted or was not completed accurately and completely), or if a Bank otherwise is subject to United States interest withholding tax at a rate in excess of zero at any time for any reason
(other than solely by reason of a change in United States law or regulation or a change in any treaty to which the United States is a party after the date hereof), withholding tax at such rate shall be considered excluded from “Taxes” as
defined in Section 8.4(a). In addition, any amount that otherwise would be considered “Taxes” or “Other Taxes” for purposes of this Section 8.4 shall be excluded therefrom if the Bank either has transferred the domicile
of its Loans pursuant to Section 9.14 or changed the Applicable Lending Office with respect to such Loans and such amount would not have been incurred had such transfer or change not been made. 

(e) For any period with respect to which a Bank has failed to provide the Borrower with the appropriate form pursuant to
Section 8.4(d) (unless such failure is due to a 
  

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change in treaty, law or regulation occurring subsequent to the date on which a form originally was required to be provided), such Bank shall not be entitled to indemnification under
Section 8.4(a) with respect to Taxes imposed by the United States; provided, however, that should a Bank, which is otherwise exempt from or subject to a reduced rate of withholding tax, become subject to Taxes because of its failure to deliver
a form required hereunder, the Borrower shall take such steps as such Bank shall reasonably request to assist such Bank to recover such Taxes. 

(f) If the Borrower is required to pay additional amounts to or for the account of any Bank pursuant to this Section 8.4, then such
Bank will change the jurisdiction of its Applicable Lending Office so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, in the judgment of such Bank, is not otherwise disadvantageous to such Bank.

 Section 8.5 Base Rate Loans Substituted for Affected Euro-Dollar Loans. If (i) the obligation of any Bank to
make, or convert outstanding Loans to, Euro-Dollar Loans has been suspended pursuant to Sections 8.1 or 8.2 or (ii) any Bank has demanded compensation under Section 8.3 or 8.4 with respect to its Euro-Dollar Loans and the Borrower shall,
by at least five (5) Euro-Dollar Business Days’ prior notice to such Bank through the Administrative Agent, have elected that the provisions of this Section shall apply to such Bank, then, unless and until such Bank notifies the Borrower
that the circumstances giving rise to such suspension or demand for compensation no longer exist: 
 (a) all Loans which would
otherwise be made by such Bank as Euro-Dollar Loans shall be made instead as Base Rate Loans (on which interest and principal shall be payable contemporaneously with the related Euro-Dollar Loans of the other Banks), and 

(b) after each of its Euro-Dollar Loans has been repaid, all payments of principal which would otherwise be applied to repay such
Euro-Dollar Loans shall be applied to repay its Base Rate Loans instead. 
 Section 8.6 SPC Loans. Notwithstanding
anything to the contrary contained herein, any Bank (a “Granting Bank”) may grant to one special purpose funding vehicle (a “SPC”) sponsored by such Granting Bank, as identified as such in writing by such Granting Bank to
the Administrative Agent and the Borrower from time to time (including, without limitation, by the execution of this Agreement on the date hereof by a Granting Bank and its SPC identified as such on the signature pages hereof), the option to provide
to the Borrower all or any part of any Loan that such Granting Bank would otherwise be obligated to make to the Borrower pursuant to the terms hereof; provided, that (i) nothing herein shall constitute a commitment to make any Loan by any SPC,
and (ii) if an SPC elects not to exercise such option or otherwise fails to provide all or any part of such Loan, the Granting Bank shall be obligated to make such Loan pursuant to the terms hereof. The making of a Loan by an SPC hereunder
shall utilize the Commitment of such Granting Bank to the same extent, and as if, such Loan were made by such Granting Bank. Any SPC that makes a Loan shall (i) have in regard to such Loan all of the rights (exercisable, however, only through
its Granting Bank acting as its agent) that such Granting Bank would have had if it had made such Loan directly, and (ii) comply with this Agreement in regard to such Loan on the same terms as any other Bank party hereto; provided that
(A) the Granting Bank’s Commitment shall remain the Commitment of such Granting Bank, 
  

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and (B) all monetary obligations of an SPC hereunder in respect of any Loan it provides shall remain the obligations of such Granting Bank to the extent at any time that such SPC elects not
to or otherwise fails to perform or pay any such obligation. Each party hereto hereby agrees that no SPC shall be liable for any payment under this Agreement for which a Bank would otherwise be liable for so long as, and to the extent, its
sponsoring Granting Bank makes such payment. Notwithstanding any Loan that may be provided by an SPC hereunder, the Administrative Agent and Borrower shall be entitled to continue to communicate and deal solely and directly with the Granting Bank in
accordance with this Agreement in respect of such Loan. Each SPC that is a signatory hereto, and each SPC that subsequently is identified by its Granting Bank as having been granted such option, shall be deemed to have confirmed (and the Borrower
and the Administrative Agent may require a written acknowledgment of such confirmation signed by any SPC not a signatory hereto that is subsequently so identified by its Granting Bank) to the Borrower and the Administrative Agent that (a) it
has received a copy of the Agreement and each Loan Document, together with copies of the financial statements heretofore provided to the Banks under the terms of this Agreement and such other documents and information as it has deemed appropriate to
make its own credit analysis and decision to enter into this Agreement; (b) agrees that it will independently and without reliance upon the Administrative Agent, its Granting Bank or any other Bank, and based on such documents and information
as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Agreement and any other Loan Document; (c) appoints and authorizes the Administrative Agent to take such action as
agent on its behalf and to exercise such powers and discretion under this Agreement and any other Loan Document as are delegated to the Administrative Agent by the terms thereof, together with such powers and discretion as are reasonably incidental
thereto; (d) agrees that it will perform in accordance with their terms all of the obligations which by the terms of this Agreement and any other Loan Document are required to be performed by it as a Bank, subject to the terms of this
Section 8.6; and (e) appoints its Granting Bank, or a specified branch or affiliate thereof, as its agent and attorney in fact and grants to its Granting Bank an irrevocable power of attorney to receive payments made for the benefit such
SPC under this Agreement, to deliver and receive all communications and notices under this Agreement and other Loan Documents and to exercise on such SPC’s behalf all rights to vote and to grant and make approvals, waivers, consents of
amendments to or under this Agreement and other Loan Documents. Any document executed by such agent on such SPC’s behalf in connection with this Agreement or other Loan Documents shall be binding on such SPC. In furtherance of the foregoing,
all the Banks and the Administrative Agent each hereby agrees (which agreement shall survive the termination of this Agreement) that, prior to the date that is one (1) year and one (1) day after the payment in full of all outstanding
commercial paper or other senior indebtedness of any SPC, it will not institute against, or join any other person in instituting against, such SPC any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or similar
proceedings under the laws of the United States or any State thereof. In addition, notwithstanding anything to the contrary contained in Section 9.6(c), any SPC may (i) with notice to, but without the prior written consent of, the Borrower
or Administrative Agent, and without the payment of any processing fee therefor, assign all or a portion of its interests in any Loans to its Granting Bank or to any financial institutions consented to by the Borrower and the Administrative Agent
(and, subject to all of the provisions of this paragraph, such consents shall be deemed to have been granted with respect to any SPC signatory hereto on the date hereof) providing liquidity and/or credit facilities to or for the

  

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account of such SPC to support the funding or maintenance of loans, and (ii) disclose on a confidential basis any non-public information relating to its Loans to any rating agency,
commercial paper dealer or provider of liquidity and/or credit facilities to such SPC. Nothing in this Section 8.6 that would affect the rights or obligations of an SPC may be amended without the written consent of any SPC that has any Loan
outstanding at the time of such amendment. 
 ARTICLE IX 

MISCELLANEOUS 

Section 9.1 Notices. All notices, requests and other communications to any party hereunder shall be in writing (including
bank wire, telex, facsimile transmission or similar writing) and shall be given to such party: (x) in the case of the Borrower or the Administrative Agent, at its address or telecopy number set forth on the signature pages hereof, together with
copies thereof, in the case of the Borrower, to Latham & Watkins LLP, 633 West Fifth Street, Suite 4000, Los Angeles, CA 90071, Attention: Glen B. Collyer, Esq., Telephone: (213) 485-1234, Telecopy: (213) 891-8763, and in the case
of the Administrative Agent, to JPMorgan Chase Bank, N.A., 1111 Fannin, 10th Floor, Houston, Texas 77002, Attention: Loan and Agency Services, Telephone: (713) 750-2513, Telecopy number: (713) 750-2223, and to Skadden, Arps, Slate,
Meagher & Flom LLP, 4 Times Square, New York, New York 10036, Attention: Martha Feltenstein, Esq., Telephone: (212) 735-2272, Telecopy: (917) 777-2272, (y) in the case of any Bank, at its address or telecopy number set forth
on the signature pages hereof or in its Administrative Questionnaire, or (z) in the case of any party, such other address or telecopy number as such party may hereafter specify for the purpose by notice to the Administrative Agent, the Banks
and the Borrower. Each such notice, request or other communication shall be effective (i) if given by telecopy, when such telecopy is transmitted to the telecopy number specified in this Section, (ii) if given by mail, 72 hours after such
communication is deposited in the mails with first class postage prepaid, addressed as aforesaid or (iii) if given by any other means, when delivered at the address specified in this Section; provided that notices to the Administrative Agent
under Article II or Article VIII shall not be effective until received. 
 Section 9.2 No Waivers. No failure or
delay by the Administrative Agent or any Bank in exercising any right, power or privilege hereunder or under any Note shall operate as a waiver thereof nor shall any single or partial exercise thereof preclude any other or further exercise thereof
or the exercise of any other right, power or privilege. The rights and remedies herein provided shall be cumulative and not exclusive of any rights or remedies provided by law. 

Section 9.3 Expenses; Indemnification. (a) The Borrower shall pay (i) all reasonable out-of-pocket expenses of the
Administrative Agent (including, without limitation, reasonable fees and disbursements of special counsel Skadden, Arps, Slate, Meagher & Flom LLP, local counsel for the Administrative Agent, and travel, site visits, third party reports
(including Appraisals), mortgage recording taxes, environmental and engineering expenses), in connection with the preparation and administration of this Agreement, the Loan Documents and the documents and instruments referred to therein, the
syndication of the Loans, any waiver or consent hereunder or any amendment or modification hereof or any Default or alleged Default hereunder and (ii) if an Event of Default occurs, all out-of-pocket expenses incurred by the

  

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Administrative Agent and each Bank, including, without limitation, reasonable fees and disbursements of counsel for the Administrative Agent, in connection with the enforcement of the Loan
Documents and the instruments referred to therein and such Event of Default and collection, bankruptcy, insolvency and other enforcement proceedings resulting therefrom. 

(b) The Borrower agrees to indemnify the Administrative Agent and each Bank, their respective affiliates and the respective directors,
officers, agents and employees of the foregoing (each an “Indemnitee”) and hold each Indemnitee harmless from and against any and all liabilities, losses, damages, costs and expenses of any kind, including, without limitation, the
reasonable fees and disbursements of counsel and settlements and settlement costs, which may be incurred by such Indemnitee in connection with any investigative, administrative or judicial proceeding (whether or not such Indemnitee shall be
designated a party thereto) and whether or not brought by the Borrower, the General Partner or any affiliate of the Borrower, that may at any time (including, without limitation, at any time following the payment of the Obligations) be imposed on,
asserted against or incurred by any Indemnitee as a result of, or arising out of, or in any way related to or by reason of, (i) any of the transactions contemplated by the Loan Documents or the execution, delivery or performance of any Loan
Document (including, without limitation, the Borrower’s actual or proposed use of proceeds of the Loans, whether or not in compliance with the provisions hereof), (ii) any violation by the Borrower or the Environmental Affiliates of any
applicable Environmental Law, (iii) any Environmental Claim arising out of the management, use, control, ownership or operation of property or assets by the Borrower or any of the Environmental Affiliates, including, without limitation, all
on-site and off-site activities involving Material of Environmental Concern, (iv) the breach of any environmental representation or warranty set forth herein, (v) the grant to the Administrative Agent and the Banks of any Lien in any
property or assets of the Borrower or any stock or other equity interest in the Borrower, and (vi) the exercise by the Administrative Agent and the Banks of their rights and remedies (including, without limitation, foreclosure) under any
agreements creating any such Lien (but excluding in each case, as to any Indemnitee, any such losses, liabilities, claims, damages, expenses, obligations, penalties, actions, judgments, suits, costs or disbursements incurred solely by reason of
(y) the gross negligence or willful misconduct of such Indemnitee as finally determined by a court of competent jurisdiction or (z) any investigative, administrative or judicial proceeding imposed or asserted against any Indemnitee by any
bank regulatory agency or by any equity holder of such Indemnitee). The Borrower’s obligations under this Section shall survive the termination of this Agreement and the payment of the Obligations. 

(c) The Borrower shall pay, and hold the Administrative Agent and each of the Banks harmless from and against, any and all present and
future U.S. stamp, recording, transfer and other similar foreclosure related taxes with respect to the foregoing matters and hold the Administrative Agent and each Bank harmless from and against any and all liabilities with respect to or resulting
from any delay or omission (other than to the extent attributable to such Bank) to pay such taxes. 
 Section 9.4
Sharing of Set-Offs. In addition to any rights now or hereafter granted under applicable law or otherwise, and not by way of limitation of any such rights, upon the occurrence and during the continuance of any Event of Default, each Bank is
hereby authorized at any time or from time to time, without presentment, demand, protest or other notice 
  

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of any kind to the Borrower or to any other Person, any such notice being hereby expressly waived, to set off and to appropriate and apply any and all deposits (general or special, time or
demand, provisional or final), other than deposits held for the benefit of third parties, and any other indebtedness at any time held or owing by such Bank (including, without limitation, by branches and agencies of such Bank wherever located) to or
for the credit or the account of the Borrower against and on account of the Obligations of the Borrower then due and payable to such Bank under this Agreement or under any of the other Loan Documents, including, without limitation, all interests in
Obligations purchased by such Bank. Each Bank agrees that if it shall, by exercising any right of set-off or counterclaim or otherwise, receive payment of a proportion of the aggregate amount of principal and interest due with respect to any Note
held by it or Letter of Credit participated in by it, or, in the case of the Fronting Bank, Letter of Credit issued by it, which is greater than the proportion received by any other Bank or Letter of Credit issued or participated in by such other
Bank, in respect of the aggregate amount of principal and interest due with respect to any Note held by such other Bank, the Bank receiving such proportionately greater payment shall purchase such participations in the Notes held by the other Banks
or Letter of Credit issued or participated in by such other Bank, and such other adjustments shall be made, as may be required so that all such payments of principal and interest with respect to the Notes held by the Banks or Letter of Credit issued
or participated in by such other Banks shall be shared by the Banks pro rata; provided that nothing in this Section shall impair the right of any Bank to exercise any right of set-off or counterclaim it may have and to apply the amount subject to
such exercise to the payment of indebtedness of the Borrower other than its indebtedness under the Notes or the Letters of Credit. The Borrower agrees, to the fullest extent that it may effectively do so under applicable law, that any holder of a
participation in a Note, whether or not acquired pursuant to the foregoing arrangements, may exercise rights of set-off or counterclaim and other rights with respect to such participation as fully as if such holder of a participation were a direct
creditor of the Borrower in the amount of such participation. 
 Section 9.5 Amendments and Waivers. Any provision
of this Agreement (including any of the financial covenants given by the Borrower pursuant to Section 5.8), the Notes, the Letters of Credit or other Loan Documents may be amended or waived if, but only if, such amendment or waiver is in
writing and is signed by the Borrower and the Required Banks (and, if the rights or duties of the Administrative Agent or the Swingline Lender are affected thereby, by the Administrative Agent or the Swingline Lender, as applicable); provided that
no such amendment or waiver shall (a) subject any Bank to any additional obligation, unless signed by such Bank, or (b) unless signed by all the Banks, (i) increase or decrease the Commitment of any Bank (except for a ratable decrease
in the Commitments of all Banks and except as contemplated in the definition of the term “Loan Amount”) or increase the aggregate Commitments above $700,000,000, (ii) reduce the principal of or rate of interest on any Loan or any fees
specified herein, (iii) postpone the date fixed for any payment of principal of or interest on any Loan or any fees hereunder or for any reduction or termination of any Commitment (notwithstanding the foregoing, however, it is agreed that only
the consent of the extending Banks shall be required in the case of a partial “amend and extend”), (iv) release the Guaranty or otherwise release any other collateral, (v) subordinate the Loans to any other Debt, or
(vi) change the percentage of the Commitments or of the aggregate unpaid principal amount of the Notes, or the number of Banks, which shall be required for the Banks or any of them to take any action under this Section 9.5 or any other
provision of this Agreement. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing and signed by the Designating Lender 

 

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on behalf of its Designated Lender affected thereby, (x) subject such Designated Lender to any additional obligations, (y) reduce the principal of, interest on, or other amounts due
with respect to, the Designated Lender Note made payable to such Designated Lender, or (z) postpone any date fixed for any payment of principal of, or interest on, or other amounts due with respect to the Designated Lender Note made payable to
the Designated Lender. 
 Section 9.6 Successors and Assigns. (a) The provisions of this Agreement shall be
binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Borrower may not assign or otherwise transfer any of its rights under this Agreement or the other Loan Documents without the
prior written consent of all Banks. 
 (b) Any Bank may at any time grant to one or more banks or other entities (each a
“Participant”) participating interests in its Commitment or any or all of its Loans. In the event of any such grant by a Bank of a participating interest to a Participant, whether or not upon notice to the Borrower and the
Administrative Agent, such Bank shall remain responsible for the performance of its obligations hereunder, and the Borrower and the Administrative Agent shall continue to deal solely and directly with such Bank in connection with such Bank’s
rights and obligations under this Agreement. Any agreement pursuant to which any Bank may grant such a participating interest shall provide that such Bank shall retain the sole right and responsibility to enforce the obligations of the Borrower
hereunder including, without limitation, the right to approve any amendment, modification or waiver of any provision of this Agreement; provided that such participation agreement may provide that such Bank will not agree to any modification,
amendment or waiver of this Agreement described in clause (i), (ii), (iii) or (iv) of Section 9.5 without the consent of the Participant. The Borrower agrees that each Participant shall, to the extent provided in its participation
agreement, be entitled to the benefits of Article VIII with respect to its participating interest. An assignment or other transfer which is not permitted by subsection (c) or (d) below shall be given effect for purposes of this Agreement
only to the extent of a participating interest granted in accordance with this subsection (b). 
 (c) Any Bank may at any time
assign to one or more banks or other institutions (each an “Assignee”) all, or a proportionate part of all, of its rights and obligations under this Agreement, the Notes and the other Loan Documents, and such Assignee shall assume
such rights and obligations, pursuant to an Assignment and Assumption Agreement in substantially the form of Exhibit D attached hereto executed by such Assignee and such transferor Bank, with (and subject to) the subscribed consent of the
Administrative Agent, which consent shall not be unreasonably withheld, and, provided no Event of Default shall have occurred and be continuing, the Borrower, which consent shall not be unreasonably withheld or delayed, provided further, however,
that no such consent by the Borrower shall be required in the case of an assignment to another Bank. Upon execution and delivery of such instrument and payment by such Assignee to such transferor Bank of an amount equal to the purchase price agreed
between such transferor Bank and such Assignee, such Assignee shall be a Bank party to this Agreement and shall have all the rights and obligations of a Bank with a Commitment as set forth in such instrument of assumption, and the transferor Bank
shall be released from its obligations hereunder to a corresponding extent, and no further consent or action by any party shall be required. Upon the consummation of any assignment pursuant to this subsection (c), the transferor Bank, the
Administrative Agent and the Borrower shall make appropriate arrangements so that, if required, a new Note or Notes are issued to the Assignee. In connection 

 

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with any such assignment (except for an assignment by a Bank to its Affiliate), the transferor Bank shall pay to the Administrative Agent an administrative fee for processing such assignment in
the amount of $3,500. If the Assignee is not incorporated under the laws of the United States of America or a state thereof, it shall deliver to the Borrower and the Administrative Agent certification as to exemption from deduction or withholding of
any United States federal income taxes in accordance with Section 8.4. 
 (d) Any Bank (each, a “Designating
Lender”) may at any time designate one Designated Lender to fund Money Market Loans on behalf of such Designating Lender subject to the terms of this Section 9.6(d) and the provisions in Section 9.6(b) and (c) shall not apply
to such designation. No Bank may designate more than one (1) Designated Lender. The parties to each such designation shall execute and deliver to the Administrative Agent for its acceptance a Designation Agreement. Upon such receipt of an
appropriately completed Designation Agreement executed by a Designating Lender and a designee representing that it is a Designated Lender, the Administrative Agent will accept such Designation Agreement and will give prompt notice thereof to the
Borrower, whereupon, (i) the Borrower shall execute and deliver to the Designating Bank a Designated Lender Note payable to the order of the Designated Lender, (ii) from and after the effective date specified in the Designation Agreement,
the Designated Lender shall become a party to this Agreement with a right (subject to the provisions of Section 2.3(b)) to make Money Market Loans on behalf of its Designating Lender pursuant to Section 2.3 after the Borrower has accepted
a Money Market Loan (or portion thereof) of the Designating Lender, and (iii) the Designated Lender shall not be required to make payments with respect to any obligations in this Agreement except to the extent of excess cash flow of such
Designated Lender which is not otherwise required to repay obligations of such Designated Lender which are then due and payable; provided, however, that regardless of such designation and assumption by the Designated Lender, the Designating Lender
shall be and remain obligated to the Borrower and the Banks for each and every of the obligations of the Designating Lender and its related Designated Lender with respect to this Agreement, including, without limitation, any indemnification
obligations under Section 7.6 hereof and any sums otherwise payable to the Borrower by the Designated Lender. Each Designating Lender shall serve as the administrative agent of the Designated Lender and shall on behalf of, and to the exclusion
of, the Designated Lender: (i) receive any and all payments made for the benefit of the Designated Lender and (ii) give and receive all communications and notices and take all actions hereunder, including, without limitation, votes,
approvals, waivers, consents and amendments under or relating to this Agreement and the other Loan Documents. Any such notice, communication, vote, approval, waiver, consent or amendment shall be signed by the Designating Lender as administrative
agent for the Designated Lender and shall not be signed by the Designated Lender on its own behalf and shall be binding upon the Designated Lender to the same extent as if signed by the Designated Lender on its own behalf. The Borrower, the
Administrative Agent, and the Banks may rely thereon without any requirement that the Designated Lender sign or acknowledge the same. No Designated Lender may assign or transfer all or any portion of its interest hereunder or under any other Loan
Document, other than assignments to the Designating Lender which originally designated such Designated Lender or otherwise in accordance with the provisions of Section 9.6(b) and (c). 

(e) Any Bank may at any time assign all or any portion of its rights under this Agreement and its Note and the Letter(s) of Credit
participated in by such Bank or, in the case of the Fronting Bank, issued by it, to a Federal Reserve Bank. No such assignment shall release the transferor Bank from its obligations hereunder. 

 

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 (f) No Assignee, Participant or other transferee of any Bank’s rights shall be entitled
to receive any greater payment under Section 8.3 or 8.4 than such Bank would have been entitled to receive with respect to the rights transferred, unless such transfer is made with the Borrower’s prior written consent or by reason of the
provisions of Section 8.2, 8.3 or 8.4 requiring such Bank to designate a different Applicable Lending Office under certain circumstances or at a time when the circumstances giving rise to such greater payment did not exist. 

Section 9.7 USA Patriot Act. Each Bank hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act
(Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and
other information that will allow such Bank to identify the Borrower in accordance with the Act. 
 Section 9.8
Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Bank becomes a Defaulting Lender, then the following provisions shall apply for so long as such Bank is a Defaulting Lender: 

(a) fees shall cease to accrue on the Commitment of such Defaulting Lender pursuant to Section 2.8; 

(b) the Commitment of such Defaulting Lender shall not be included in determining whether all Banks or the Required Banks have taken or
may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 9.5, except that the Defaulting Lender’s consent shall be required in connection with any increase in such Defaulting Lender’s
Commitment pursuant to Section 9.5(b)(i), any amendment pursuant to Section 9.5(b)(ii) affecting its Loans or pursuant to Section 9.5(z)), provided that any waiver, amendment or modification requiring the consent of all Banks or each
affected Bank which affects such Defaulting Lender differently than other affected Banks shall require the consent of such Defaulting Lender; 

(c) if any Swingline Loans or Letters of Credit exist at the time a Bank becomes a Defaulting Lender then: 

(i) provided that no Default or Event of Default shall have occurred and be outstanding as of the date on which the
applicable Bank becomes a Defaulting Lender, all or any part of such liability with respect to Swingline Loans and Letters of Credit shall be reallocated among the non-Defaulting Lenders in accordance with their respective pro rata share but only to
the extent the sum of all non-Defaulting Lenders’ Obligations plus such Defaulting Lender’s pro rata share of Swingline Loans and Letters of Credit does not exceed the total of all non-Defaulting Lenders’ Commitments (it being
understood that under no circumstance shall any Bank at any time be liable for any amounts in excess of its Commitment); and 
  

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 (ii) if the reallocation described in clause (i) above cannot, or can
only partially, be effected, the Borrower shall within five Domestic Business Days following notice by the Administrative Agent (x) first, prepay such Defaulting Lender’s pro rata share of the Swingline Loans and (y) second, cash
collateralize for the benefit of the Fronting Bank only the Borrower’s obligations corresponding to such Defaulting Lender’s pro rata share of the Letters of Credit (after giving effect to any partial reallocation pursuant to clause
(i) above) in accordance with the procedures set forth in Section 6.4(a) for so long as such Letters of Credit are outstanding; 

(iii) if the Borrower cash collateralizes any portion of such Defaulting Lender’s pro rata share of the Letters of
Credit pursuant to Section 9.8(c), the Borrower shall not be required to pay any fees to such Defaulting Lender with respect to such Defaulting Lender’s pro rata share of the Letters of Credit during the period such Defaulting
Lender’s pro rata share of the Letters of Credit is cash collateralized; 
 (iv) if the pro rata share of
the non-Defaulting Lenders with respect to Letters of Credit is reallocated pursuant to Section 9.8(c), then the fees payable to the Lenders pursuant to this Agreement shall be adjusted in accordance with such non-Defaulting Lenders’ pro
rata shares; or 
 (v) if any Defaulting Lender’s pro rata share of Letters of Credit is neither cash
collateralized nor reallocated pursuant to clauses (i) or (ii) above, then, without prejudice to any rights or remedies of the Fronting Bank or any other Bank hereunder, all Facility Fees that otherwise would have been payable to such
Defaulting Lender (solely with respect to the portion of such Defaulting Lender’s Commitment that was utilized by such pro rata share of Letters of Credit) and Letter of Credit Fees payable under Section 2.8 with respect to such Defaulting
Lender’s pro rata share of the Letters of Credit shall be payable to the Fronting Bank until and to the extent that such pro rata share of Letters of Credit is reallocated and/or cash collateralized; and 

(d) so long as such Bank is a Defaulting Lender, the Swingline Lender shall not be required to fund any Swingline Loan and the Fronting
Bank shall not be required to issue, amend or increase any Letter of Credit, unless it is satisfied that the related exposure and the then Defaulting Lender’s then outstanding pro rata share of the Letters of Credit will be 100% covered by the
Commitments of the non-Defaulting Lenders and/or cash collateral will be provided by the Borrower in accordance with Section 9.8(c), and participating interests in any such newly issued or increased Letter of Credit or newly made Swingline Loan
shall be allocated among non-Defaulting Lenders in a manner consistent with Section 9.8(c)(i) (and Defaulting Lender shall not participate therein). 

If (i) a Bankruptcy Event with respect to a Parent of any Bank shall occur following the date hereof and for so long as such event
shall continue or (ii) the Swingline Lender or the Fronting Bank has a good faith belief that any Bank has defaulted in fulfilling its obligations under one or more other agreements in which such Bank commits to extend credit, the Swingline
Lender shall not be required to fund any Swingline Loan and the Fronting Bank shall not be required to issue, amend or increase any Letter of Credit, unless the Swingline Lender or the Fronting Bank, as the case may be, shall have entered into
arrangements with the Borrower or such Bank, satisfactory to the Swingline Lender or the Fronting Bank, as the case may be, to defease any risk to it in respect of such Bank hereunder. 

 

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 In the event that the Administrative Agent, the Borrower, the Fronting Bank and the
Swingline Lender each agrees that a Defaulting Lender has adequately remedied all matters that caused such Bank to be a Defaulting Lender, then the pro rata shares of the Banks with respect to Swingline Loans and Letters of Credit shall be
readjusted to reflect the inclusion of such Bank’s Commitment and on such date such Bank shall purchase at par such of the Loans of the other Banks (other than Money Market Loans and Swingline Loans) as the Administrative Agent shall determine
may be necessary in order for such Bank to hold such Loans in accordance with its pro rata share. 
 Section 9.9
Governing Law; Submission to Jurisdiction. 
 (a) THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER AND THEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND BE GOVERNED BY THE LAWS OF THE STATE OF NEW YORK (WITHOUT GIVING EFFECT TO THE PRINCIPLES THEREOF RELATING TO CONFLICTS OF LAW THAT WOULD CAUSE THE
APPLICATION OF ANY LAW OTHER THAN THE STATE OF NEW YORK). 
 (b) Any legal action or proceeding with respect to this Agreement
or any other Loan Document and any action for enforcement of any judgment in respect thereof may be brought in the courts of the State of New York or of the United States of America for the Southern District of New York, and, by execution and
delivery of this Agreement, the Borrower hereby accepts for itself and in respect of its property, generally and unconditionally, the non-exclusive jurisdiction of the aforesaid courts and appellate courts from any thereof. The Borrower irrevocably
consents to the service of process out of any of the aforementioned courts in any such action or proceeding by the hand delivery, or mailing of copies thereof by registered or certified mail, postage prepaid, to the Borrower at its address set forth
below. The Borrower hereby irrevocably waives any objection which it may now or hereafter have to the laying of venue of any of the aforesaid actions or proceedings arising out of or in connection with this Agreement or any other Loan Document
brought in the courts referred to above and hereby further irrevocably waives and agrees not to plead or claim in any such court that any such action or proceeding brought in any such court has been brought in an inconvenient forum. Nothing herein
shall affect the right of the Administrative Agent, any Bank or any holder of a Note to serve process in any other manner permitted by law or to commence legal proceedings or otherwise proceed against the Borrower in any other jurisdiction.

 Section 9.10 Marshaling; Recapture. Neither the Administrative Agent nor any Bank shall be under any obligation
to marshal any assets in favor of the Borrower or any other party or against or in payment of any or all of the Obligations. To the extent any Bank receives any payment by or on behalf of the Borrower, which payment or any part thereof is
subsequently invalidated, declared to be fraudulent or preferential, set aside or required to be repaid to the Borrower or its estate, trustee, receiver, custodian or any other party under any bankruptcy law, state or federal law, common law or
equitable cause, then to the extent of such payment or repayment, the Obligation or part thereof which has been paid, reduced or satisfied by the 

 

 81 

 
amount so repaid shall be reinstated by the amount so repaid and shall be included within the liabilities of the Borrower to such Bank as of the date such initial payment, reduction or
satisfaction occurred. 
 Section 9.11 Counterparts; Integration; Effectiveness. This Agreement may be signed in any
number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Agreement constitutes the entire agreement and understanding among the parties hereto and
supersedes any and all prior agreements and understandings, oral or written, relating to the subject matter hereof. This Agreement shall become effective upon receipt by the Administrative Agent of counterparts hereof signed by each of the parties
hereto (or, in the case of any party as to which an executed counterpart shall not have been received, receipt by the Administrative Agent in form satisfactory to it of telegraphic, telex or other written confirmation from such party of execution of
a counterpart hereof by such party). 
 Section 9.12 WAIVER OF JURY TRIAL. EACH OF THE BORROWER, THE ADMINISTRATIVE
AGENT AND THE BANKS HEREBY IRREVOCABLY WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

Section 9.13 Survival. All indemnities set forth herein shall survive the execution and delivery of this Agreement and the
other Loan Documents and the making and repayment of the Loans hereunder. 
 Section 9.14 Domicile of Loans. Subject
to the provisions of Article VIII, each Bank may transfer and carry its Loans at, to or for the account of any domestic or foreign branch office, subsidiary or affiliate of such Bank. 

Section 9.15 Limitation of Liability. No claim may be made by the Borrower or any other Person against the Administrative
Agent or any Bank or the affiliates, directors, officers, employees, attorneys or agent of any of them for any 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 by the other Loan Documents, or any act, omission or event occurring in connection therewith; and the Borrower 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. 
 Section 9.16 No
Bankruptcy Proceedings. Each of the Borrower, the Banks, and the Administrative Agent hereby agrees that it will not institute against any Designated Lender or join any other Person in instituting against any Designated Lender any bankruptcy,
reorganization, arrangement, insolvency or liquidation proceeding under any federal or state bankruptcy or similar law, until the later to occur of (i) one year and one day after the payment in full of the latest maturing commercial paper note
issued by such Designated Lender and (ii) the Maturity Date. 
  

 82 

 Section 9.17 Optional Increase in Commitments. At any time prior to the date
that is thirty (30) months after the date of this Agreement, provided no Event of Default shall have occurred and then be continuing, the Borrower may, if it so elects, increase the aggregate amount of the Commitments (subject to proviso
(b) in the next sentence), either by designating a Qualified Institution not theretofore a Bank to become a Bank (such designation to be effective only with the prior written consent of the Administrative Agent, which consent will not be
unreasonably withheld) and/or by agreeing with an existing Bank or Banks that such Bank’s Commitment shall be increased, it being understood that no such existing Bank or Banks shall have any obligation to so increase its Commitment). Upon
execution and delivery by the Borrower and such Bank or other financial institution of an instrument in form reasonably satisfactory to the Administrative Agent, such existing Bank shall have a Commitment as therein set forth or such Qualified
Institution shall become a Bank with a Commitment as therein set forth and all the rights and obligations of a Bank with such a Commitment hereunder; provided that: 

(a) the Borrower shall provide prompt notice of such increase to the Administrative Agent, who shall promptly notify the Banks; and

 (b) the amount of such increase, together with all other increases in the aggregate amount of the Commitments pursuant to
this Section 9.17 since the date of this Agreement, does not cause the Loan Amount to exceed $700,000,000. 
 (c) Upon any
increase in the aggregate amount of the Commitments pursuant to this Section 9.17, within five Business Days (in the case of any Base Rate Loans then outstanding) or at the end of the then current Interest Period with respect thereto (in the
case of any Euro-Dollar Loans then outstanding), as applicable, each Bank’s pro rata share shall be recalculated to reflect such increase in the Commitments and the outstanding principal balance of the Loans shall be reallocated among the Banks
such that the outstanding principal amount of Loans owed to each Bank shall be equal to such Bank’s pro rata share (as recalculated). All payments, repayments and other disbursements of funds by the Administrative Agent to Banks shall thereupon
and, at all times thereafter be made in accordance with each Bank’s recalculated pro rata share. For purposes hereof, “Qualified Institution” means a Bank, or one or more banks, finance companies, insurance or other financial
institutions which (i) (A) has (or, in the case of a bank which is a subsidiary, such bank’s parent has) a rating of its senior debt obligations of not less than Baa-1 by Moody’s or a comparable rating by a rating agency
acceptable to the Administrative Agent and (B) has total assets in excess of Ten Billion Dollars ($10,000,000,000), or (ii) is reasonably acceptable to the Administrative Agent. 

 

 83 

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

 

			
	KILROY REALTY, L.P., a Delaware limited partnership
	
	By:      Kilroy Realty Corporation, a Maryland corporation, its general partner
		
	By:	 	 /s/ Tyler H. Rose

	Name:	 	Tyler H. Rose
	Title:	 	Executive Vice President and CFO
		
	By:	 	 /s/ Michelle Ngo

	Name:	 	Michelle Ngo
	Title:	 	Vice President and Treasurer
	
	Kilroy Realty, L.P.
	12200 West Olympic Boulevard, Suite 200
	Los Angeles, California 90064
	Attn: Tyler Rose and Michelle Ngo
	Telephone number: (310) 481-8400
	Telecopy number: (310) 841-6580

 ADMINISTRATIVE AGENT AND BANK: 

 

			
	JPMORGAN CHASE BANK, N.A., as Administrative Agent and as a Bank
		
	By:	 	 /s/ Donald Shokrian

	Name:	 	 Donald Shokrian

	Title:	 	Managing Director
	
	JPMorgan Chase Bank, N.A.
	383 Madison Avenue,
24th Floor
	New York, NY 10179
	Attn: Nadeige Charles
	Telephone number: (212) 622-8167
	Telecopy number: (212) 270-2157
	
	Domestic and Euro-Dollar
	Lending Office:
	
	JPMorgan Chase Bank, N.A.
	1111 Fannin,
10th Floor
	Houston, Texas 77002
	Attn: Loan and Agency Services
	Telephone: (713) 427-6887
	Telecopy number: (713) 750-2892

Commitment: $46,000,000.00 

 SYNDICATION AGENT AND BANK: 

 

			
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Michael W. Edwards

		 	Name: Michael W. Edwards
		 	Title: Senior Vice President

 Commitment:
$46,000,000.00 

 DOCUMENTATION AGENT AND BANK: 

 

			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Patrick J. Brown

	Name:	 	Patrick J. Brown
	Title:	 	Vice President

 Commitment: $40,000,000.00

 DOCUMENTATION AGENT AND BANK: 

 

			
	PNC BANK, NATIONAL ASSOCIATION
		
	By:	 	 /s/ Nicolas Zitelli

	Name:	 	Nicolas Zitelli
	Title:	 	Officer

 Commitment: $40,000,000.00

 DOCUMENTATION AGENT AND BANK: 

 

			
	THE BANK OF NOVA SCOTIA
		
	By:	 	 /s/ Teresa Wu

	Name:	 	Teresa Wu
	Title:	 	Director

 Commitment: $40,000,000.00

 DOCUMENTATION AGENT AND BANK: 

 

			
	BARCLAYS BANK plc
		
	By:	 	 /s/ Kevin Cullen

	Name:	 	Kevin Cullen
	Title:	 	Director

 Commitment: $40,000,000.00

 BANK: 

 

			
	BANK OF THE WEST
		
	By:	 	/s/ Benjamin Arroyo
	Name:	 	Benjamin Arroyo
	Title:	 	Vice President - Syndications
		
	By:	 	/s/ Lynn Foster
	Name:	 	Lynn Foster
	Title:	 	Senior Vice President

 Commitment: $28,000,000.00

 BANK: 

 

			
	COMPASS BANK, an Alabama banking corporation
		
	By:	 	/s/ Brian Tuerff
	Name:	 	Brian Tuerff
	Title:	 	Senior Vice President

 Commitment: $28,000,000.00

 BANK: 

 

			
	SUMITOMO MITSUI BANKING CORP.
		
	By:	 	/s/ Natsuhiro Samejima
	Name:	 	Natsuhiro Samejima
	Title:	 	Senior Vice President

 Commitment: $28,000,000.00

 BANK: 

 

			
	ROYAL BANK OF CANADA
		
	By:	 	/s/ G. David Cole
	Name:	 	G. David Cole
	Title:	 	Authorized Signatory

 Commitment: $28,000,000.00

 BANK: 

 

			
	UNION BANK, N.A.
		
	By:	 	/s/ Katherine Brandt
	Name:	 	Katherine Brandt
	Title:	 	Vice President

 Commitment: $28,000,000.00 

 BANK: 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION
		
	By:	 	/s/ Mark Loewen
	Name:	 	Mark Loewen
	Title:	 	Vice President

 Commitment: $28,000,000.00 

 BANK: 

 

			
	ALLIED IRISH BANKS, P.L.C.
		
	By:	 	/s/ Gabe Potyondy
	Name:	 	Gabe Potyondy
	Title:	 	Senior Vice President
		
	By:	 	/s/ James Ko
	Name:	 	James Ko
	Title:	 	Vice President

 Commitment: $20,000,000.00 

 BANK: 

 

			
	COMERICA BANK
		
	By:	 	/s/ Charles Weddell
	Name:	 	Charles Weddell
	Title:	 	Vice President

 Commitment: $20,000,000.00 

 BANK: 

 

			
	KEYBANK, NATIONAL ASSOCIATION
		
	By:	 	/s/ Timothy Sylvain
	Name:	 	Timothy Sylvain
	Title:	 	Relationship Manager

 Commitment: $20,000,000.00

 BANK: 

 

			
	CATHAY UNITED BANK, LTD.
		
	By:	 	/s/ Grace Chou
	Name:	 	Grace Chou
	Title:	 	SVP & General Manager

 Commitment:
$10,000,000.00 

 BANK: 

 

			
	 CHANG HWA COMMERCIAL BANK,

LTD. LOS ANGELES BRANCH

		
	By:	 	/s/ Beverly Chen
	Name:	 	 Beverly Chen

	Title:	 	 VP & General Manager

Commitment: $10,000,000.00 

 EXHIBIT A 

NOTE 

            New York, New York 

                  , 2010

 For value received, KILROY REALTY, L.P., a Delaware limited partnership (the “Borrower”) promises to pay to
the order of                      (the “Bank”), for the account of its Applicable Lending Office, the unpaid principal amount
of each Loan made by the Bank to the Borrower pursuant to the Credit Agreement referred to below on the Maturity Date. The Borrower promises to pay interest on the unpaid principal amount of each such Loan on the dates and at the rate or rates
provided for in the Credit Agreement. All such payments of principal and interest shall be made in lawful money of the United States in Federal or other immediately available funds at the office of Administrative Agent under the Credit Agreement (as
defined below). 
 All Loans made by the Bank, the respective types and maturities thereof and all repayments of the principal
thereof shall be recorded by the Bank and, if the Bank so elects in connection with any transfer or enforcement hereof, appropriate notations to evidence the foregoing information with respect to each such Loan then outstanding may be endorsed by
the Bank on the schedule attached hereto, or on a continuation of such schedule attached to and made a part hereof; provided that the failure of the Bank to make any such recordation or endorsement shall not affect the obligations of the
Borrower hereunder or under the Credit Agreement. 
 This Note is one of the Notes referred to in the Revolving Credit
Agreement, dated as of August 10, 2010, among the Borrower, the Banks party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and as Bank, J.P. Morgan Securities Inc., as Joint Lead Arranger and Joint Bookrunner, Banc of America
Securities LLC, as Joint Lead Arranger and Joint Bookrunner, Bank of America, N.A., as Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and Barclays Bank plc, as Documentation Agents (as the
same may be amended from time to time, the “Credit Agreement”). 
  

 A-1 

 Terms defined in the Credit Agreement are used herein with the same meanings. Reference is
made to the Credit Agreement for provisions for the prepayment hereof and the acceleration of the maturity hereof. 
  

			
	KILROY REALTY, L.P., a Delaware limited partnership
	
	By:      Kilroy Realty Corporation, a Maryland corporation, its general partner
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 A-2 

 Note (cont’d) 

LOANS AND PAYMENTS OF PRINCIPAL 
  

											
	 Date

 
	  	 Amount of

Loan
  
	  	 Type of

Loan
  
	  	  

Amount of
 Principal

Repaid
  
	  	 Maturity

Date
  
	  	 Notation

Made By
  

						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 

  

 A-3 

 EXHIBIT A-1 

NOTE 
 (Money
Market Loans) 
  

			
	$                    	  	                    New York, New York
		  	                             
           , 2010

 For value received, KILROY REALTY,
L.P., a Delaware limited partnership (the “Borrower”) promises to pay to the order of                      (the
“Bank”), for the account of its Applicable Lending Office, the unpaid principal amount of each Money Market Loan made by the Bank to the Borrower pursuant to the Credit Agreement referred to below on the Maturity Date. The Borrower
promises to pay interest on the unpaid principal amount of each such Money Market Loan on the dates and at the rate or rates provided for in the Credit Agreement. All such payments of principal and interest shall be made in lawful money of the
United States in Federal or other immediately available funds at the office of Administrative Agent under the Credit Agreement (as defined below). 

All Money Market Loans made by the Bank, the respective types and maturities thereof and all repayments of the principal thereof shall be
recorded by the Bank and, if the Bank so elects in connection with any transfer or enforcement hereof, appropriate notations to evidence the foregoing information with respect to each such Loan then outstanding may be endorsed by the Bank on the
schedule attached hereto, or on a continuation of such schedule attached to and made a part hereof; provided that the failure of the Bank to make any such recordation or endorsement shall not affect the obligations of the Borrower hereunder
or under the Credit Agreement. 
 This Note is one of the Designated Lender Notes referred to in the Revolving Credit Agreement,
dated as of August 10, 2010, among the Borrower, the Banks party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and as Bank, J.P. Morgan Securities Inc., as Joint Lead Arranger and Joint Bookrunner, Banc of America Securities LLC,
as Joint Lead Arranger and Joint Bookrunner, Bank of America, N.A., as Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and Barclays Bank plc, as Documentation Agents (as the same may be
amended from time to time, the “Credit Agreement”). 
  

 A-1-1 

 Terms defined in the Credit Agreement are used herein with the same meanings. Reference is
made to the Credit Agreement for provisions for the prepayment hereof and the acceleration of the maturity hereof. 
  

			
	KILROY REALTY, L.P., a Delaware limited partnership
	
	By:      Kilroy Realty Corporation, a Maryland corporation, its general partner
		
	By:	 	  

	Name:	 	
	Title:	 	
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 A-1-2 

 Note (cont’d) 

LOANS AND PAYMENTS OF PRINCIPAL 
  

											
	 Date

 
	  	 Amount of

Loan
  
	  	 Type of

Loan
  
	  	  

Amount of
 Principal

Repaid
  
	  	 Maturity

Date
  
	  	 Notation

Made By
  

						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 
						
	 	  	 	  	 	  	 	  	 	  	 

  

 A-1-3 

 EXHIBIT B 

Unencumbered Asset Pool Properties 

(Fee Interests) 

Kilroy Realty Corporation 

Unencumbered Asset Portfolio 

As of March 31, 2010 

Exhibit B—Fee Interest Properties 
  

							
	 Property
	  	 Location
	  	 Property
	  	 Location

				
	OFFICE	  		  		  	
	26541 Agoura Road	  	Calabasas, CA	  	 4921 Directors Place
	  	 San Diego, CA

	2240 E. Imperial Highway	  	El Segundo, CA	  	 4939 Directors Place
	  	 San Diego, CA

	2250 E. Imperial Highway	  	El Segundo, CA	  	 4955 Directors Place
	  	 San Diego, CA

	2260 E. Imperial Highway	  	El Segundo, CA	  	 5005 Wateridge Vista Drive
	  	 San Diego, CA

	12100 W. Olympic Boulevard	  	Los Angeles, CA	  	 5010 Wateridge Vista Drive
	  	 San Diego, CA

	12200 W. Olympic Boulevard	  	Los Angeles, CA	  	 10243 Genetic Center Drive
	  	 San Diego, CA

	12312 W. Olympic Boulevard	  	Los Angeles, CA	  	 6055 Lusk Avenue
	  	 San Diego, CA

	1633 26th Street	  	Santa Monica, CA	  	 6260 Sequence Drive
	  	 San Diego, CA

	2100 Colorado Avenue	  	Santa Monica, CA	  	 6290 Sequence Drive
	  	 San Diego, CA

	3130 Wilshire Boulevard	  	Santa Monica, CA	  	 6310 Sequence Drive
	  	 San Diego, CA

	501 Santa Monica Boulevard	  	Santa Monica, CA	  	 6340 Sequence Drive
	  	 San Diego, CA

	12225 El Camino Real	  	San Diego, CA	  	 6350 Sequence Drive
	  	 San Diego, CA

	12235 El Camino Real	  	San Diego, CA	  	 10390 Pacific Center Court
	  	 San Diego, CA

	12348 High Bluff Drive	  	San Diego, CA	  	 10394 Pacific Center Court
	  	 San Diego, CA

	12400 High Bluff Drive	  	San Diego, CA	  	 10398 Pacific Center Court
	  	 San Diego, CA

	6200 Greenwich Drive	  	San Diego, CA	  	 10421 Pacific Center Court
	  	 San Diego, CA

	6220 Greenwich Drive	  	San Diego, CA	  	 10445 Pacific Center Court
	  	 San Diego, CA

	15051 Avenue of Science	  	San Diego, CA	  	 10455 Pacific Center Court
	  	 San Diego, CA

	15073 Avenue of Science	  	San Diego, CA	  	 10350 Barnes Canyon
	  	 San Diego, CA

	15231 Avenue of Science	  	San Diego, CA	  	 10120 Pacific Heights
	  	 San Diego, CA

	15253 Avenue of Science	  	San Diego, CA	  	 5717 Pacific Center Boulevard
	  	 San Diego, CA

	15333 Avenue of Science	  	San Diego, CA	  	 9455 Towne Center Drive
	  	 San Diego, CA

	15378 Avenue of Science	  	San Diego, CA	  	 9785 Towne Center Drive
	  	 San Diego, CA

	15004 Innovation Drive	  	San Diego, CA	  	 9791 Towne Center Drive
	  	 San Diego, CA

	15435 Innovation Drive	  	San Diego, CA	  	 4175 E. La Palma Avenue
	  	 Anaheim, CA

	15445 Innovation Drive	  	San Diego, CA	  	 8101 Kaiser Boulevard
	  	 Anaheim, CA

	13280 S. Evening Creek Drive	  	San Diego, CA	  	 601 Valencia Avenue
	  	 Anaheim, CA

	13290 S. Evening Creek Drive	  	San Diego, CA	  	 603 Valencia Avenue
	  	 Brea, CA

	13480 Evening Creek Drive North	  	San Diego, CA	  	 111 Pacifica
	  	 Irvine Spectrum, CA

	13500 Evening Creek Drive North	  	San Diego, CA	  	 5151 Camino Ruiz
	  	 Camarillo, CA

	13520 Evening Creek Drive North	  	San Diego, CA	  	 5153 Camino Ruiz
	  	 Camarillo, CA

	7525 Torrey Santa Fe	  	San Diego, CA	  	 5155 Camino Ruiz
	  	 Camarillo, CA

	7535 Torrey Santa Fe	  	San Diego, CA	  	 2829 Townsgate Road
	  	 Thousand Oaks, CA

	7545 Torrey Santa Fe	  	San Diego, CA	  	 2385 Northside Drive
	  	 San Diego, CA

	7555 Torrey Santa Fe	  	San Diego, CA	  	 303 2nd Street
	  	 San Francisco, CA

	10020 Pacific Mesa Boulevard	  	San Diego, CA	  	 2211 Michelson
	  	 Irvine, CA

	4910 Directors Place	  	San Diego, CA	  	999 Town & Country	  	Orange, CA

  

 B-1 

							
	 Property
	  	 Location
	  	 Property
	  	 Location

				
	INDUSTRIAL	  		  		  	
	2031 E. Mariposa Avenue	  	El Segundo, CA	  	1125 Beacon Street	  	Brea, CA
	1000 E. Ball Road	  	Anaheim, CA	  	12681 / 12691 Pala Drive	  	Garden Grove, CA
	1230 S. Lewis Road	  	Anaheim, CA	  	7421 Orangewood Avenue	  	Garden Grove, CA
	1250 N. Tustin Avenue	  	Anaheim, CA	  	7091 Belgrave Avenue	  	Garden Grove, CA
	3250 E. Carpenter Avenue	  	Anaheim, CA	  	12271 Industry Street	  	Garden Grove, CA
	3340 E. La Palma Avenue	  	Anaheim, CA	  	12311 Industry Street	  	Garden Grove, CA
	4123 E. La Palma Avenue	  	Anaheim, CA	  	7261 Lampson Avenue	  	Garden Grove, CA
	4155 E. La Palma Avenue	  	Anaheim, CA	  	12472 Edison Way	  	Garden Grove, CA
	660 N. Puente Street	  	Brea, CA	  	12442 Knott Street	  	Garden Grove, CA
	950 W. Central Avenue	  	Brea, CA	  	2055 S.E. Main Street	  	Irvine, CA
	1050 W. Central Avenue	  	Brea, CA	  	1951 E. Carnegie Avenue	  	Santa Ana, CA
	1150 W. Central Avenue	  	Brea, CA	  	2525 Pullman Street	  	Tustin, CA
	895 Beacon Street	  	Brea, CA	  	14831 Franklin Avenue	  	Tustin, CA
	955 Beacon Street	  	Brea, CA	  	2911 Dow Avenue	  	Tustin, CA

  

 B-2 

 EXHIBIT C 

Unencumbered Asset Pool Properties 

(Leasehold Interests) 

Kilroy Realty Corporation 

Unencumbered Asset Portfolio 

As of March 31, 2010 

Exhibit C—Leasehold Interest Properties 
  

			
	 Property
	  	 Location

		
	OFFICE	  	
	3750 Kilroy Airport Way	  	Long Beach, CA
	3760 Kilroy Airport Way	  	Long Beach, CA
	3780 Kilroy Airport Way	  	Long Beach, CA
	3800 Kilroy Airport Way	  	Long Beach, CA
	3840 Kilroy Airport Way	  	Long Beach, CA
	3880 Kilroy Airport Way	  	Long Beach, CA
	3900 Kilroy Airport Way	  	Long Beach, CA

  

 C-1 

 EXHIBIT D 

FORM OF ASSIGNMENT AND ASSUMPTION 

ASSIGNMENT AND ASSUMPTION AGREEMENT 

AGREEMENT dated as of
                    ,              among [ASSIGNOR] (the
“Assignor”), [ASSIGNEE] (the “Assignee”), KILROY REALTY, L.P. (the “Borrower”) and JPMORGAN CHASE BANK, N.A., as Administrative Agent (the “Agent”). 

W I T N E S S E T H 

WHEREAS, this Assignment and Assumption Agreement (the “Assignment”) relates to the Revolving Credit Agreement, dated as of
August 10, 2010, among the Borrower, the Banks party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and as Bank, J.P. Morgan Securities Inc., as Joint Lead Arranger and Joint Bookrunner, Banc of America Securities LLC, as Joint
Lead Arranger and Joint Bookrunner, Bank of America, N.A., as Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and Barclays Bank plc, as Documentation Agents (as the same may be amended from
time to time, the “Credit Agreement”). 
 WHEREAS, as provided under the Credit Agreement, the Assignor has a
Commitment to make Loans to the Borrower in an aggregate principal amount at any time outstanding not to exceed $                    ;

 WHEREAS, Loans made to the Borrower by the Assignor under the Credit Agreement in the aggregate principal amount of
$                     are outstanding at the date hereof; and 

WHEREAS, the Assignor proposes to assign to the Assignee all of the rights of the Assignor under the Credit Agreement in respect of a
portion of its Commitment thereunder in an amount equal to $                     (the “Assigned Amount”), together with a
corresponding portion of its outstanding Loans, and the Assignee proposes to accept assignment of such rights and assume the corresponding obligations from the Assignor on such terms; 

NOW, THEREFORE, in consideration of the foregoing and the mutual agreements contained herein, the parties hereto agree as follows:

 SECTION 1. Definitions. All capitalized terms not otherwise defined herein shall have the respective meanings set
forth in the Credit Agreement. 
 SECTION 2. Assignment. The Assignor hereby assigns and sells to the Assignee all of the
rights of the Assignor under the Credit Agreement to the extent of the Assigned Amount, and the Assignee hereby accepts such assignment from the Assignor and assumes all of the obligations of the Assignor under the Credit Agreement to the extent of
the 
  

 D-1 

 
Assigned Amount, including the purchase from the Assignor of the corresponding portion of the principal amount of the Loans made by the Assignor outstanding at the date hereof. Upon the execution
and delivery hereof by the Assignor, the Assignee, the Borrower and the Agent and the payment of the amounts specified in Section 3 required to be paid on the date hereof (i) the Assignee shall, as of the date hereof, succeed to the rights
and be obligated to perform the obligations of a Bank under the Credit Agreement with a Commitment in an amount equal to the Assigned Amount, and (ii) the Commitment of the Assignor shall, as of the date hereof, be reduced by a like amount and
the Assignor released from its obligations under the Credit Agreement to the extent such obligations have been assumed by the Assignee. The assignment provided for herein shall be without recourse to the Assignor. 

SECTION 3. Payments. As consideration for the assignment and sale contemplated in Section 2 hereof, the
Assignee shall pay to the Assignor on the date hereof in Federal funds the amount heretofore agreed between them.1
 It is understood that Commitment Fees accrued to the date hereof are for the account of the Assignor and such fees accruing from and including the date hereof are for the account of the
Assignee. Each of the Assignor and the Assignee hereby agrees that if it receives any amount under the Credit Agreement which is for the account of the other party hereto, it shall receive the same for the account of such other party to the extent
of such other party’s interest therein and shall promptly pay the same to such other party. 
 SECTION 4. Consent of the
Borrower and the Agent. This Agreement is conditioned upon the written consent of the Borrower and the consent of the Agent pursuant to Section 9.6(c) of the Credit Agreement. The execution of this Agreement by the Borrower and the Agent is
evidence of the required consents. Pursuant to Section 9.6(c) the Borrower agrees to execute and deliver a Note payable to the order of the Assignee to evidence the assignment and assumption provided for herein. 

SECTION 5. Non-Reliance on Assignor. The Assignor represents and warrants that it is the legal and beneficial owner of the
interest being assigned by it hereunder, that it has not created any adverse claim upon such interest and that such interest is free and clear of any adverse claim, and that it is authorized to enter into this Agreement. The Assignor makes no other
representation or warranty in connection with, and shall have no responsibility with respect to, the solvency, financial condition, or statements of the Borrower, or the validity and enforceability of the obligations of the Borrower in respect of
the Credit Agreement or any Note. The Assignee acknowledges that it has, independently and without reliance on the Assignor, and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter
into this Agreement and will continue to be responsible for making its own independent appraisal of the business, affairs and financial condition of the Borrower. The Assignee represents and warrants that it is authorized to enter into this
Agreement. 
  

	1
	 The amount should combine principal together with accrued interest and breakage compensation, if any, to be paid by the Assignee, net of any portion of
any up-front fee to be paid by the Assignor to the Assignee. It may be preferable in an appropriate case to specify these amounts generically or by formula rather than as a fixed sum. 

 

 D-2 

 SECTION 6. Governing Law. This Agreement shall be governed by and construed in
accordance with the external laws of the State of New York. 
 SECTION 7. Counterparts. This Agreement may be signed in
any number of counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
  

 D-3 

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

			
	[ASSIGNOR]
		
	By:	 	  

		 	Name:
		 	Title:
	
	[ASSIGNEE]
		
	By:	 	  

		 	Name:
		 	Title:
	
	JPMORGAN CHASE BANK, N.A., as Administrative Agent
		
	By:	 	  

		 	Name:
		 	Title:

 CONSENTED TO: 

 

 D-4 

					
	KILROY REALTY, L.P.
		
	By:	 	Kilroy Realty Corporation,
		 	its general partner
			
		 	By:	 	  

		 		 	Name: Tyler H. Rose
		 		 	Title: Executive Vice President and CFO
			
		 	By:	 	  

		 		 	Name:
		 		 	Title:

  

 D-5 

 EXHIBIT E 

Form of Money Market Quote Request 

[Date] 
  

			
	To:	  	JPMORGAN CHASE BANK, N.A. (the “Administrative Agent”)
		
	From:	  	Kilroy Realty, L.P. (the “Borrower”)
		
	Re:	  	Revolving Credit Agreement, dated as of August 10, 2010, among the Borrower, the Banks party thereto, the Administrative Agent, J.P. Morgan Securities Inc., as Joint Lead
Arranger and Joint Bookrunner, Banc of America Securities LLC, as Joint Lead Arranger and Joint Bookrunner, Bank of America, N.A., as Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and
Barclays Bank plc, as Documentation Agents (as the same may be amended from time to time, the “Credit Agreement”).

We hereby give notice pursuant to Section 2.3 of the Credit Agreement that we request Money Market Quotes for the following proposed
Money Market Borrowing(s): 
 Date of Borrowing:
                     
  

			
	 Principal
Amount2
	 	 Interest
Period3

		
	 $
	 	

 Such Money Market Quotes should offer a Money Market [Margin] [Absolute Rate]. [The applicable
base rate is the London Interbank Offered Rate.] 
  

	2
	 Amount must be $10,000,000 or a larger multiple of $500,000. 

	3
	 Not less than one month (LIBOR Auction) or not less than 30 days (Absolute Rate Auction), subject to the provisions of the definition of Interest
Period. 

  

 E-1 

 The funding of Money Market Loans made in connection with this Money Market Quote Request
[may/may not] be made by Designated Lenders. 
 Terms used herein have the meanings assigned to them in the Credit Agreement.

  

					
	Kilroy Realty, L.P.
		
	By:	 	Kilroy Realty Corporation
			
		 	By:	 	  

		 		 	Name:
		 		 	Title:

  

			
	        By:	 	  

	Name:	 	
	Title:	 	

  

 E-2 

 EXHIBIT F 

Form of Invitation for Money Market Quotes 
  

	To:	[Name of Bank] 

  

	Re:	Invitation for Money Market Quotes to Kilroy Realty, L.P. (the “Borrower”) 

Pursuant to Section 2.3 of the Revolving Credit Agreement, dated as of August 10, 2010, among the Borrower, the Banks party
thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and as Bank, J.P. Morgan Securities Inc., as Joint Lead Arranger and Joint Bookrunner, Banc of America Securities LLC, as Joint Lead Arranger and Joint Bookrunner, Bank of America, N.A., as
Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and Barclays Bank plc, as Documentation Agents, we are pleased on behalf of the Borrower to invite you to submit Money Market Quotes to the
Borrower for the following proposed Money Market Borrowing(s): 
 Date of Borrowing:
                     
  

			
	 Principal Amount
	  	 Interest Period

		
	 $
	  	

 Such Money Market Quotes should offer a Money Market [Margin] [Absolute Rate]. [The applicable
base rate is the London Interbank Offered Rate.] 
 Please respond to this invitation by no later than 10:00 A.M. (New York City
time) on [date]. 
  

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

		 	      Authorized Officer

  

 F-1 

 EXHIBIT G 

Form of Money Market Quote 
  

			
	To:	  	JPMorgan Chase Bank, N.A., as Administrative Agent (the “Administrative Agent”)
	  
 Re:
	  	  
 Money Market Quote to Kilroy Realty, L.P. (the
“Borrower”)

 In response to your invitation on behalf of the Borrower dated
                    , 20    , we hereby make the following Money Market Quote on the following terms: 

 

					
	1.	 	Quoting Bank:                     	 	
			
	2.	 	Person to contact at Quoting Bank:	 	
			
		 	  
	 	
			
	3.	 	Date of Borrowing:                     *	 	
		
	4.	 	We hereby offer to make Money Market Loan(s) in the following principal amounts, for the following Interest Periods and at the following rates:

 

							
	 Principal

Amount**
	  	 Interest Period***
	  	 Money Market
[Margin****]
	  	 [Absolute Rate*****]

				
	 $
	  		  		  	
				
	 $
	  		  		  	

 [Provided, that the aggregate principal amount of Money Market Loans for which the above offers
may be accepted shall not exceed $                    .]** 

We understand and agree that the offer(s) set forth above, subject to the satisfaction of the applicable conditions set forth in the
Revolving Credit Agreement, dated as of August 10, 2010, among the Borrower, the Banks party thereto, the Administrative Agent and as Bank, J.P. Morgan Securities Inc., as Joint Lead Arranger and Joint Bookrunner, Banc of America Securities
LLC, as Joint Lead Arranger and Joint Bookrunner, Bank of America, N.A., as Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and Barclays Bank plc, as Documentation Agents, irrevocably
obligates us to make the Money Market Loan(s) for which any offer(s) are accepted, in whole or in part. 
  

 G-1 

					
		 	Very truly yours,
		
		 	[NAME OF BANK]
			
	 Dated:                    
	 	By:	 	  

		 		 	Authorized Officer

  

 G-2 

 Exhibit H 

FORM OF DESIGNATION AGREEMENT 

Dated                     ,
201   
 Reference is made to that certain Revolving Credit Agreement, dated as of August 10, 2010 (the
“Credit Agreement”), among the Borrower, the Banks party thereto, JPMorgan Chase Bank, N.A., as Administrative Agent and as Bank, J.P. Morgan Securities Inc., as Joint Lead Arranger and Joint Bookrunner, Banc of America Securities LLC, as
Joint Lead Arranger and Joint Bookrunner, Bank of America, N.A., as Syndication Agent, and Bank of Nova Scotia, PNC Bank, National Association, U.S. Bank National Association, and Barclays Bank plc, as Documentation Agents. Terms defined in the
Credit Agreement are used herein with the same meaning. 
 [NAME OF DESIGNOR] (the “Designor”), [NAME OF DESIGNEE]
(the “Designee”) and the Administrative Agent agree as follows: 
 1. The Designor hereby designates the Designee, and
the Designee hereby accepts such designation, to have a right to make Money Market Loans pursuant to Article III of the Credit Agreement. Any assignment by Designor to Designee of its rights to make a Money Market Loan pursuant to such Article III
shall be effective at the time of the funding of such Money Market Loan and not before such time. 
 2. Except as set forth in
Section 7 below, the Designor makes no representation or warranty and assumes no responsibility pursuant to this Designation Agreement with respect to (a) any statements, warranties or representations made in or in connection with any Loan
Document or the execution, legality, validity, enforceability, genuineness, sufficiency or value of any Loan Document or any other instrument and document furnished pursuant thereto and (b) the financial condition of the Borrower or the
performance or observance by the Borrower of any of its obligations under any Loan Document or any other instrument or document furnished pursuant thereto. 

3. The Designee (a) confirms that it has received a copy of each Loan Document, together with copies of the financial statements
referred to in Articles IV and V of the Credit Agreement and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Designation Agreement; (b) agrees that it will
independently and without reliance upon the Administrative Agent, the Designor or any other Bank and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking
action under any Loan Document; (c) confirms that it is a Designated Lender; (d) appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under any Loan Document
as are delegated to the Administrative Agent by the terms thereof, together with such powers and discretion as are reasonably incidental thereto; and (e) agrees to be bound by each and every provision of each Loan Document and further agrees
that it will perform in accordance with their terms all of the obligations which by the terms of any Loan Document are required to be performed by it as a Bank. 
  

 H-1 

 4. The Designee hereby appoints Designor as Designee’s agent and attorney in fact, and
grants to Designor an irrevocable power of attorney, to receive payments made for the benefit of Designee under the Credit Agreement, to deliver and receive all communications and notices under the Credit Agreement and other Loan Documents and to
exercise on Designee’s behalf all rights to vote and to grant and make approvals, waivers, consents of amendments to or under the Credit Agreement or other Loan Documents. Any document executed by the Designor on the Designee’s behalf in
connection with the Credit Agreement or other Loan Documents shall be binding on the Designee. The Borrower, the Administrative Agent and each of the Banks may rely on and are beneficiaries of the preceding provisions. 

5. Following the execution of this Designation Agreement by the Designor and its Designee, it will be delivered to the Administrative
Agent for acceptance and recording by the Administrative Agent. The effective date for this Designation Agreement (the “Effective Date”) shall be the date of acceptance hereof by the Administrative Agent, unless otherwise specified on the
signature page thereto. 
 6. The Administrative Agent hereby agrees that it will not institute against any Designated Lender or
join any other Person in instituting against any Designated Lender any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding under any federal or state bankruptcy or similar law, until the later to occur of (i) one year
and one day after the payment in full of the latest maturing commercial paper note issued by such Designated Lender and (ii) the Maturity Date. 

7. The Designor unconditionally agrees to pay or reimburse the Designee and save the Designee harmless against all liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever which may be imposed or asserted by any of the parties to the Loan Documents against the Designee, in its capacity
as such, in any way relating to or arising out of this Agreement or any other Loan Documents or any action taken or omitted by the Designee hereunder or thereunder, provided that the Designor shall not be liable for any portion of such liabilities,
obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements if the same results from the Designee’s gross negligence or willful misconduct. 

8. Upon such acceptance and recording by the Administrative Agent, as of the Effective Date, the Designee shall be a party to the Credit
Agreement with a right (subject to the provisions of Section 2.3(b)) to make Money Market Loans as a Bank pursuant to Section 2.3 of the Credit Agreement and the rights and obligations of a Bank related thereto; provided,
however, that the Designee shall not be required to make payments with respect to such obligations except to the extent of excess cash flow of such Designee which is not otherwise required to repay obligations of such Designated Lender which
are then due and payable. Notwithstanding the foregoing, the Designor, as administrative agent for the Designee, shall be and remain obligated to the Borrower and the Banks for each and every of the obligations of the Designee and its Designor with
respect to the Credit Agreement, including, without limitation, any indemnification obligations under Section 7.6 of the Credit Agreement and any sums otherwise payable to the Borrower by the Designee. 

 

 H-2 

 9. This Designation Agreement shall be governed by, and construed in accordance with, the
laws of the State of New York. 
 10. This Designation Agreement may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed counterpart of a signature page to this
Designation Agreement by facsimile transmission shall be effective as delivery of a manually executed counterpart of this Designation Agreement. 
  

 H-3 

 IN WITNESS WHEREOF, the Designor and the Designee, intending to be legally bound, have
caused this Designation Agreement to be executed by their officers thereunto duly authorized as of the date first above written. 
 Effective
Date:                     , 201   

 

			
	[NAME OF DESIGNOR], as Designor
		
	By:	 	  

		
	Title:	 	  

	
	[NAME OF DESIGNEE] as Designee
		
	By:	 	  

		
	Title:	 	  

	
	Applicable Lending Office
	(and address for notices):
	
	 [ADDRESS]

  

			
	Accepted this      day
	of             , 201  
	
	 JPMORGAN CHASE BANK, N.A.,

as Administrative Agent

		
	By:	 	  

	Title:	 	  

  

 H-4 

 SCHEDULE 4.22 

LABOR MATTERS 
 None 

 

 1

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