Document:

EX-10.1

 Exhibit 10.1 

Execution Version 
 FIFTH
AMENDMENT TO ABL CREDIT AGREEMENT 
 This FIFTH AMENDMENT TO ABL CREDIT AGREEMENT, dated as of January 21, 2021 (this
“Amendment”), among Specialty Building Products Intermediate II, LLC, a Delaware limited liability company (“Holdings”), Specialty Building Products Holdings, LLC, a Delaware limited liability company (the
“Borrower Representative”, the “Parent Borrower” and a “Borrower”), the other Borrowers party hereto, the Guarantors party hereto, each Lender party hereto and Bank of America, N.A. (“Bank
of America”), as agent (in such capacity, the “Agent”).  
 WHEREAS, Holdings, the Parent Borrower,
US Lumber Group LLC, a Delaware limited liability company, as a US Borrower, Moulure Alexandria Moulding, Inc., as Canadian Borrower, the other Borrowers from time to time party thereto, the Lenders from time to time party thereto, and the Agent are
parties to that certain ABL Credit Agreement, dated as of October 1, 2018 (as amended by that certain First Amendment to ABL Credit Agreement, dated as of January 18, 2019, that certain Second Amendment to ABL Credit Agreement, dated as of
February 20, 2020, that certain Third Amendment to ABL Credit Agreement, dated as of September 30, 2020, and that certain Fourth Amendment to ABL Credit Agreement, dated as of October 9, 2020, and as further amended, restated,
supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement” and, the Existing Credit Agreement as amended hereby, the “Credit Agreement”; capitalized terms used herein without
definition shall have the same meanings herein as set forth in the Credit Agreement after giving effect to this Amendment);  

WHEREAS, SBP Merger Sub, Inc., a newly formed Delaware corporation (“SBP Merger Sub”) formed by affiliates of The
Jordan Company, L.P. (together with its affiliates and funds, investments, persons, vehicles, or accounts that are managed, sponsored or advised by it or its affiliates, the “Sponsor”), intends to acquire (the
“Acquisition”) 100% of the equity interests in Specialty Building Products, LLC, a Delaware limited liability company (the “Acquired Business”) pursuant to that certain Purchase and Sale Agreement, dated as of
December 20, 2020, by and among Specialty Building Products Holdings, L.P., Specialty Building Products, LLC and SBP Merger Sub (including all exhibits and schedules thereto, the “Acquisition Agreement”);  

WHEREAS, in connection with the Acquisition, subject to the conditions set forth in Section II hereof, in accordance with the
provisions of Section 9.2 of the Existing Credit Agreement, the Borrowers have requested that the Lenders agree to amend certain provisions of the Existing Credit Agreement as provided for in Section I hereof;  

WHEREAS, (a) on January 1, 2021 Moulure Alexandria Moulding Inc. and 2483489 Ontario Inc. (collectively, the “Moulure
Amalgamating Entities”) amalgamated pursuant to the laws of the Province of Ontario (the “Moulure Amalgamation”) with the amalgamated corporation continuing under the corporate name “Moulure Alexandria Moulding Inc.”
(“Moulure Amalco”), and (b) on January 1, 2021 Royal Woodworking Co. Limited and Aurora Timberland Wholesale Hardwood Lumber Inc. (collectively, the “Royal Amalgamating Entities”) amalgamated pursuant to the laws of the
Province of Ontario (the “Royal Amalgamation”) with the amalgamated corporation continuing under the corporate name “Royal Woodworking Co. Limited” (“Royal Amalco”); and 

 WHEREAS, the Agent and the Lenders party hereto (which constitute the Required
Lenders) are willing to agree to such amendments on the terms and subject to the conditions set forth herein. 
 NOW,
THEREFORE, in consideration of the premises and the agreements, provisions and covenants herein contained, the parties hereto agree as follows: 

SECTION I. AMENDMENTS TO EXISTING CREDIT AGREEMENT 

Subject to the satisfaction (or waiver) of the conditions precedent set forth in Section II hereof, Holdings, the Parent Borrower, the
other Borrowers, the Agent and each of the Lenders party hereto hereby agree that the Existing Credit Agreement is amended to delete the red stricken text (indicated textually in the same manner as the following example: stricken text) and to add the blue double-underlined text (indicated textually in the same manner as the following example:
double-underlined text) as set forth in the Credit
Agreement attached as Exhibit A hereto. 
 SECTION II. CONDITIONS TO EFFECTIVENESS OF AMENDMENTS TO EXISTING CREDIT AGREEMENT 

This Amendment shall become effective upon the satisfaction (or waiver) of all of the following conditions precedent (the date of satisfaction
(or waiver) of such conditions precedent being referred to herein as the “Fifth Amendment Effective Date”). 
 A.
Execution. The Agent’s receipt of the following each of which shall be original, .pdf or facsimile copies or delivered by other electronic method unless otherwise specified: 

(i) a counterpart signature page to this Amendment duly executed by the Lenders (which shall be sufficient to constitute the
Required Lenders), Holdings, the Borrowers and the Guarantors; 
 (ii) customary opinions from (a) Winston &
Strawn LLP, as special counsel to the Loan Parties and (b) Aird & Berlis LLP, as special Canadian local counsel to the Canadian Loan Parties; 

(iii) a solvency certificate in substantially the form of Exhibit H to the Credit Agreement, dated as of the Fifth Amendment
Effective Date, certifying that Holdings and its Subsidiaries, on a consolidated basis after giving effect to this Amendment and the related transactions, are Solvent; 

(iv) the Agent shall have received the following: 

(a) a copy of the charter or other similar Organizational Document of each Loan Party and each amendment thereto, certified (as
of a date reasonably near the Fifth Amendment Effective Date) as being a true and correct copy thereof by the Secretary of State or other applicable Governmental Authority of the jurisdiction in which such Loan Party is organized or incorporated;

 (b) a copy of a certificate of the Secretary of State or other applicable
Governmental Authority of the jurisdiction in which each such Loan Party is organized, dated within thirty (30) days of the Fifth Amendment Effective Date, certifying that such Loan Party is duly organized and in good standing under the laws of
such jurisdiction; and 
 (c) a certificate of the Secretary, Assistant Secretary or other appropriate Responsible Officer of
each Loan Party dated the Fifth Amendment Effective Date and certifying (A) that attached thereto is a true and complete copy of the by-laws, or operating or partnership agreement of such Loan Party as in
effect on the Fifth Amendment Effective Date and at all times since a date prior to the date of the resolutions described in clause (B) below, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the Board of
Directors (or analogous governing body) of such Loan Party authorizing the execution, delivery and performance of this Amendment and the documents related thereto to which such Loan Party is a party and that such resolutions have not been modified,
rescinded or amended and are in full force and effect, (C) that the certificate or articles of incorporation or formation, partnership agreement or other constitutive documents of such Loan Party have not been amended since the date the
documents furnished pursuant to clause (a) above were certified and (D) as to the incumbency and specimen signature of each officer executing this Amendment or any other document delivered in connection herewith on behalf of such Loan
Party; and 
 (v) a certificate stating that the condition set forth in Section II(C)(a) of this Amendment is
satisfied. 
 B. Fees and Other Amounts. 

(i) Payment of all fees and expenses in connection with this Amendment (including reasonable out-of-pocket legal fees and expenses) payable to the Lenders and counsel to the Lenders on or before the Fifth Amendment Effective Date shall have been paid to the extent then due; provided, that all
such amounts shall be required to be paid, as a condition precedent to the Fifth Amendment Effective Date, only to the extent invoiced at least two (2) Business Days prior to the Fifth Amendment Effective Date; and 

(ii) Payment to each Lender of a fee (the “Amendment Fee”) in an amount equal to 0.375% of the aggregate
principal amount of the Revolving Credit Commitments of such Lender as of the Fifth Amendment Effective Date, which Amendment Fee (A) shall be earned, due and payable in full on the Fifth Amendment Effective Date, (B) shall not be
refundable under any circumstances and (C) shall be paid in immediately available funds in U.S. Dollars and shall not be subject to reduction by way of withholding, setoff or counterclaim or be otherwise affected by any claim or dispute related
to any other matter; provided, that the Lenders may, in their sole discretion, share all or a portion of the Amendment Fee with any of the other Lenders or their affiliates (other than Excluded Affiliates). 

 C. Representations and Warranties. (a) The representations and warranties of
Holdings, the Borrowers and the Guarantors set forth in (i) Section 3.3(a), (ii) the first two sentences and the last two sentences of Section 3.4 (solely with respect to this Amendment), (iii) Section 3.5(i) (but only in respect
of violations or defaults under the Indenture, dated as of September 30, 2020 (the “Existing Indenture”), among Specialty Building Product Holdings, LLC and SBP Finance Corp., as
co-issuers, the guarantors named therein, and Ankura Trust Company, LLC, as trustee and collateral agent, with respect to the $600,000,000 6.375% Senior Secured Notes due 2026 (the “Existing
Notes”)), (iv) Section 3.5(iii), (v) Section 3.10 (solely as such regulations relate to the use of proceeds on the Fifth Amendment Effective Date), (vi) Section 3.12, (vii) Section 3.17, (viii) Section 3.18 (as of
the Fifth Amendment Effective Date after giving effect to the Amendment and the other transactions occurring on such date), (ix) Section 3.19(a)(ii), (x) Section 3.19(b)(ii), and (xi) Section 3.19(c) shall, in each case, be true
and correct in all material respects on and as of the Fifth Amendment Effective Date (the “Specified Representations”); provided that any references to Material Adverse Effect in the foregoing representations shall be deemed
to be references to “Material Adverse Effect” (as defined in the Acquisition Agreement as in effect on December 20, 2020 or as modified in accordance with clause (E) below (a “Company Material Adverse Effect”)
and (b) the representations and warranties made by or with respect to the Acquired Business and its subsidiaries in the Acquisition Agreement that are material to the interests of the Lenders shall be true and correct but only to the extent
that SPB Merger Sub or its applicable affiliates have the right to terminate their obligations under the Acquisition Agreement or decline to consummate (without liability) the Acquisition pursuant to the Acquisition Agreement as a result of a breach
of such representations and warranties in the Acquisition Agreement. 
 D. Know Your Customer and Beneficial Ownership. The Agent
shall have received (i) so long as requested at least ten (10) Business Days prior to the Fifth Amendment Effective Date, at least three (3) Business Days prior to the Fifth Amendment Effective Date, all documentation and other
information about the Borrowers and the Guarantors that is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act and Canadian Anti-Money
Laundering Laws, and (ii) at least three (3) Business Days prior to the Fifth Amendment Effective Date, if any Borrower qualifies as a “legal entity customer” under 31 C.F.R. § 1010.230 (the “Beneficial Ownership
Regulation”), such Borrower shall deliver a certification regarding beneficial ownership as required by the Beneficial Ownership Regulation. 

E. Acquisition. The Acquisition shall have been, or shall substantially concurrently with the effectiveness of the Amendment be,
consummated in all material respects in accordance with the terms of the Acquisition Agreement, without giving effect to any amendments, consents or waivers by SBP Merger Sub thereto that are materially adverse to the Agent and the Lenders without
the prior written consent of Bank of America and Truist Bank (such consent not to be unreasonably withheld, delayed or conditioned); provided that (a) any decrease in the purchase price shall not be materially adverse to the interests of
the Agent and Lenders so long as such decrease is allocated (i) first, to reduce the Equity Contribution to the Minimum Equity Contribution and (ii) second, to reduce the Equity Contribution and the Senior Notes ratably in proportion to
the actual percentages that the amount of the Equity Contribution and the Senior Notes bear to the pro forma total capitalization of the Borrower and its subsidiaries after giving effect to the Acquisition (provided that, for the avoidance of
doubt, any working capital 

 
adjustments pursuant to the Acquisition Agreement (as in effect on the date hereof) shall not constitute a change in purchase price), (b) any increase in the purchase price of, or consideration
for, the Acquisition shall not be deemed to be materially adverse to the interests of the Agent and the Lenders so long as such increase is funded by an increase in the Equity Contribution, and (c) any amendment to the definition of
“Material Adverse Effect” as defined in the Acquisition Agreement (as in effect on the date hereof) shall be deemed to be materially adverse to the interests of the Agent and the Lenders. 

F. Company Material Adverse Effect. A Company Material Adverse Effect shall not have occurred since the date of the Acquisition
Agreement that remains as of the Closing (as defined in the Acquisition Agreement). 
 G. Equity Contribution. The Equity
Contribution shall have been made in at least the Minimum Equity Contribution and after giving effect to the Acquisition and the transactions relating thereto on the date of consummation of the Acquisition, the Sponsor shall own, directly or
indirectly, not less than a majority of the voting equity interests of Holdings. 
 As used herein, “Equity Contribution”
means the equity investment made by SPB Merger Sub in Holdings and “Minimum Equity Contribution” means 30.0% of the sum of (i) the aggregate gross proceeds of the senior secured notes (the “New Notes”) issued
by the Parent Borrower and SBP Finance Corp., as co-issuers, on January 20, 2021 (excluding any premium resulting from the issuance of any New Notes above par), (ii) the aggregate principal amount of
Existing Notes outstanding on the Fifth Amendment Effective Date, (iv) borrowings under the Credit Agreement outstanding on the Fifth Amendment Effective Date and (v) the Equity Contribution; provided that for purposes of the
foregoing, such amounts shall exclude (x) any borrowing under the Credit Agreement (A) incurred for working capital purposes (including any borrowing incurred to refinance revolving draws incurred for working capital purposes), (B) used to
pay original issue discount or upfront fees in respect of the New Notes, and (y) any New Notes issued on January 20, 2021 that represent original issue discount or upfront fees in respect of the New Notes. 

H. No Change of Control Triggering Event. There shall exist no “Change of Control Triggering Event” under the Existing
Indenture as a result of the Acquisition or the borrowings under the Revolving Credit Facility or the Bridge Facility or issuances of the New Notes on or prior to the Fifth Amendment Effective Date. 

SECTION III. SPECIFIC REAFFIRMATIONS BY AMALCOS 

A. Moulure Amalco hereby acknowledges, confirms and agrees that: 

(i) the Moulure Amalgamation does not and shall not limit or diminish in any manner its obligations under the Credit Agreement,
the Security Documents and the other Loan Documents to which it is a party; 
 (ii) all of the indebtedness, liabilities
and obligations of each Moulure Amalgamating Entity owing to the Agent and the Secured Parties in connection with the Credit Agreement, the Security Documents and the other Loan Documents incurred prior to the Moulure Amalgamation, whether direct,
indirect or contingent and howsoever and wheresoever, are the indebtedness, liabilities and obligations of Moulure Amalco to the Agent and the Secured Parties; 

 (iii) all Liens, hypothecs and security interests granted by each Moulure
Amalgamating Entity shall continue in full force and effect as continuing security for any and all of the indebtedness, liabilities and obligations of Moulure Amalco to the Agent and the Secured Parties under, in connection with, relating to or with
respect to Credit Agreement, the Security Documents and the other Loan Documents whether incurred in the name of any Moulure Amalgamating Entity, Moulure Amalco or otherwise and whether incurred prior to or subsequent to the Moulure Amalgamation,
and the security interests created by the Credit Agreement, the Security Documents and the other Loan Documents shall charge the property of Moulure Amalco in accordance with the terms thereof; and 

(iv) Moulure Amalco, by operation of law, possesses all the property, rights, privileges and franchises and is subject to all
liabilities, including civil, criminal and administrative proceedings, and all contracts and debts of each of Moulure Amalgamating Entities. 

B. Royal Amalco hereby acknowledges, confirms and agrees that: 

(i) the Royal Amalgamation does not and shall not limit or diminish in any manner its obligations under the Credit Agreement,
the Security Documents and the other Loan Documents to which it is a party; 
 (ii) all of the indebtedness, liabilities and
obligations of each Royal Amalgamating Entity owing to the Agent and the Secured Parties in connection with the Credit Agreement, the Security Documents and the other Loan Documents incurred prior to the Royal Amalgamation, whether direct, indirect
or contingent and howsoever and wheresoever, are the indebtedness, liabilities and obligations of Royal Amalco to the Agent and the Secured Parties; 

(iii) all Liens, hypothecs and security interests granted by each Royal Amalgamating Entity shall continue in full force and
effect as continuing security for any and all of the indebtedness, liabilities and obligations of Royal Amalco to the Agent and the Secured Parties under, in connection with, relating to or with respect to Credit Agreement, the Security Documents
and the other Loan Documents whether incurred in the name of any Royal Amalgamating Entity, Royal Amalco or otherwise and whether incurred prior to or subsequent to the Royal Amalgamation, and the security interests created by the Credit Agreement,
the Security Documents and the other Loan Documents shall charge the property of Royal Amalco in accordance with the terms thereof; and 

(iv) Royal Amalco, by operation of law, possesses all the property, rights, privileges and franchises and is subject to all
liabilities, including civil, criminal and administrative proceedings, and all contracts and debts of each of Royal Amalgamating Entities. 

 SECTION IV. REAFFIRMATION OF GUARANTEES AND SECURITY INTERESTS 

Each of the Loan Parties party to the Credit Agreement, the Security Documents and the other Loan Documents, in each case as amended,
supplemented or otherwise modified from time to time, hereby as of the date hereof (i) acknowledges and agrees that all of its Obligations under the Credit Agreement, the Security Documents and the other Loan Documents to which it is a party
are reaffirmed and remain in full force and effect on a continuous basis, (ii) reaffirms each Lien granted by each Loan Party to the Agent, its successors and permitted assigns, for the benefit of the Secured Parties and reaffirms the
guaranties made pursuant to the Credit Agreement, the Security Documents and the other Loan Documents and (iii) acknowledges and agrees that the grants of security interests and Liens by, and the guaranties of, the Loan Parties contained in the
Credit Agreement, the Security Documents and the other Loan Documents are, and shall remain, in full force and effect after giving effect to this Amendment. 

SECTION V. MISCELLANEOUS 
 A.
Reference to and Effect on the Credit Agreement and the Other Loan Documents. 
 (i) On and after the Fifth Amendment
Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import referring to the Credit Agreement, and each reference in the other Loan
Documents to the “Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Amendment. 

(ii) Except as specifically amended by this Amendment, the Credit Agreement and the other Loan Documents shall remain in full
force and effect and are hereby ratified and confirmed and this Amendment shall not be considered a novation. 
 (iii) This
Amendment (including all exhibits attached hereto) shall constitute a “Loan Document” for all purposes of the Credit Agreement and shall be administered and construed pursuant to the terms of the Credit Agreement. 

B. Limitation of Amendment and Waiver. Nothing herein shall be deemed to (i) entitle any Loan Party to a further consent to, or a
further waiver, amendment, modification or other change of, any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document in similar or different circumstances or (ii) constitute
a modification, limitation, impairment or waiver of any right, power or remedy available to the Agent or the Lenders under the Credit Agreement or any other Loan Document. 

C. Amendment, Modification and Waiver. This Amendment may not be amended, modified or waived except by an instrument or instruments in
writing signed and delivered on behalf of each of the parties hereto. 
 D. Severability. If any provision of this Amendment is held
to be illegal, invalid or unenforceable in any jurisdiction, the legality, validity and enforceability of the remaining provisions or obligations, or of such provision or obligation in any other jurisdiction, of this Amendment and the other Loan
Documents shall not be affected or impaired thereby. 

 E. Headings. Section and Subsection headings in this Amendment are included herein
for convenience of reference only and shall not constitute a part of this Amendment for any other purpose or be given any substantive effect. 

F. Costs and Expenses. Each Borrower hereby reconfirms its obligations pursuant to Section 9.3(a) of the Credit Agreement to pay
and reimburse the Agent for all reasonable out-of-pocket costs and expenses (including, without limitation, reasonable fees of counsel) incurred in connection with the
negotiation, preparation, execution and delivery of this Amendment and all other documents and instruments delivered in connection herewith. 

G. Governing Law; Waiver of Jury Trial. Sections 9.9 and 9.10 of the Credit Agreement are hereby incorporated herein by reference
mutatis mutandis.  
 H. Electronic Records and Signatures. This Amendment and any document, amendment, approval,
consent, information, notice, certificate, request, statement, disclosure or authorization related to this Amendment (each a “Communication”), including Communications required to be in writing, may, if agreed by the parties hereto,
be in the form of an Electronic Record and may be executed using Electronic Signatures, including, without limitation, facsimile and/or .pdf. Each of the Loan Parties hereto agrees that any Electronic Signature (including, without limitation,
facsimile or .pdf) on or associated with any Communication shall be valid and binding on them to the same extent as a manual, original signature, and that any Communication entered into by Electronic Signature, will constitute the legal, valid and
binding obligation of the Loan Parties enforceable against them in accordance with the terms thereof to the same extent as if a manually executed original signature was delivered to the Agent. Any Communication may be executed in as many
counterparts as necessary or convenient, including both paper and electronic counterparts, but all such counterparts are one and the same Communication. For the avoidance of doubt, the authorization under this paragraph may include, without
limitation, use or acceptance by the Agent of a manually signed paper Communication which has been converted into electronic form (such as scanned into PDF format), or an electronically signed Communication converted into another format, for
transmission, delivery and/or retention. The Agent may, at its option, create one or more copies of any Communication in the form of an imaged Electronic Record (“Electronic Copy”), which shall be deemed created in the ordinary
course of the Agent’s, business, and destroy the original paper document. All Communications in the form of an Electronic Record, including an Electronic Copy, shall be considered an original for all purposes, and shall have the same legal
effect, validity and enforceability as a paper record. Notwithstanding anything contained herein to the contrary, the Agent shall be under no obligation to accept an Electronic Signature in any form or in any format unless expressly agreed to by the
Agent pursuant to procedures approved by them; provided, further, without limiting the foregoing, (a) to the extent the Agent has agreed to accept such Electronic Signature, the Agent shall be entitled to rely on any such Electronic Signature
purportedly given by or on behalf of the Loan Parties without further verification and (b) upon the request of the Agent any Electronic Signature shall be promptly followed by a manually executed, original counterpart. For purposes hereof,
“Electronic Record” and “Electronic Signature” shall have the meanings assigned to them, respectively, by 15 USC §7006, as it may be amended from time to time. 

 [Remainder of this page intentionally left blank.] 

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

			
	SPECIALTY BUILDING PRODUCTS INTERMEDIATE II, LLC, 
	as Holdings
		
	By:	 	 /s/ Ronald
Stroud                    

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  

			
	SPECIALTY BUILDING PRODUCTS HOLDINGS, LLC,
	as the Parent Borrower, the Borrower Representative and a US Borrower
		
	By:	 	 /s/ Ronald
Stroud                    

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  

			
	U.S. LUMBER GROUP, LLC,
	as a US Borrower
		
	By:	 	 /s/ Ronald
Stroud                    

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  

			
	NOLL HOLDINGS, INC.,
	as a US Borrower
		
	By:	 	 /s/ Ronald
Stroud                    

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  
 Signature Page to

 Fifth Amendment to ABL Credit Agreement 

 
			
	USL LOGISTICS, LLC (formerly known as
	POINT2POINT LOGISTICS LLC),
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	KIRBY HOLDINGS, LLC,
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	ALEXANDRIA MOULDING, INC.,
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	ALEXANDRIA NE, LLC,
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  
 Signature Page to

 Fifth Amendment to ABL Credit Agreement 

 
			
	ALEXANDRIA MW, LLC,
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	ALEXDIRECT, LLC,
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	NATIONAL SERVICE SOLUTIONS US, LLC,
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	SBP FINANCE CORP., 
	as a US Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  
 Signature Page to

 Fifth Amendment to ABL Credit Agreement 

 
			
	MOULURE ALEXANDRIA MOULDING INC.,
	as a Canadian Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	NATIONAL SERVICE SOLUTIONS INC.,
	as a Canadian Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	ALEXDIRECT INC.,
	as a Canadian Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer
	
	ROYAL WOODWORKING CO. LIMITED,
	as a Canadian Borrower
		
	By:	 	 /s/ Ronald Stroud

	Name:	 	Ronald Stroud
	Title:	 	Chief Financial Officer, Secretary and Treasurer

  
 Signature Page to

 Fifth Amendment to ABL Credit Agreement 

 
			
	BANK OF AMERICA, N.A.,
	as the Agent, a US Revolving Credit Lender, an Issuing Bank and the US Swingline Lender
		
	By:	 	 /s/ Kristen J. Holihan

	Name:	 	Kristen J. Holihan
	Title:	 	Vice President
	
	BANK OF AMERICA, N.A. (acting through its Canada branch),
	as a Canadian Revolving Credit Lender, an Issuing Bank and the Canadian Swingline Lender
		
	By:	 	 /s/ Sylwia Durkiewicz

	Name:	 	Sylwia Durkiewicz
	Title:	 	Vice President

  
 Signature Page to

 Fifth Amendment to ABL Credit Agreement 

 
					
	TRUIST BANK, as Lender
		
	By:	 	 /s/ Joseph A. Massaroni

		 	Name:	 	Joseph A. Massaroni
		 	Title: 	 	Director

  
 Signature Page to

 Fifth Amendment to ABL Credit Agreement 

 EXHIBIT A 

Credit Agreement 

(Attached) 

 Exhibit A 
  

 
 ABL CREDIT AGREEMENT 

dated as of 
 October 1,
2018, 
 as amended by the First Amendment, dated as of January 18, 2019, 

Second Amendment, dated as of February 20, 2020, 

Third Amendment, dated as of September 30, 2020
and

Fourth Amendment, dated as of October 9,
2020 and 

Fifth
Amendment, dated as of January 21, 2021 and 
 among 

SPECIALTY BUILDING PRODUCTS INTERMEDIATE II, LLC, 

as Holdings 
 SPECIALTY BUILDING
PRODUCTS HOLDINGS, LLC, 
 as the Borrower Representative, the Parent Borrower and a US Borrower, 

U.S. LUMBER GROUP, LLC, 
 as a US
Borrower, 
 MOULURE ALEXANDRIA MOULDING, INC., 

as Canadian Borrower, 
 THE OTHER
BORROWERS PARTY HERETO, 
 THE LENDERS PARTY HERETO, 

and 
 BANK OF AMERICA, N.A., 

as Agent 
  

  
                                         
                                      
 BANK OF AMERICA, N.A. 

and 
 SUNTRUST ROBINSON HUMPHREY,
INC., 
 as Joint Lead Arrangers and Joint Bookrunners 

 TABLE OF CONTENTS 

 
  

 

							
	 PAGE
	 	 	  	 	 
	 Section I DEFINITIONS
	  	 	1	 
	 Section 1.1.
	 	 Defined Terms
	  	 	1	 
	 Section 1.2.
	 	 Other Definitional Provisions
	  	 	84	 
	 Section 1.3.
	 	 Classification of Loans and Borrowings
	  	 	87	 
	 Section 1.4.
	 	 Accounting Terms; GAAP
	  	 	87	 
	 Section 1.5.
	 	 Pro Forma Calculations
	  	 	88	 
	 Section 1.6.
	 	 Classification of Permitted Items
	  	 	90	 
	 Section 1.7.
	 	 Rounding
	  	 	90	 
	 Section 1.8.
	 	 Letters of Credit
	  	 	91	 
	 Section 1.9.
	 	 Certifications
	  	 	91	 
	 Section 1.10.
	 	 EBITDA Grower Baskets
	  	 	91	 
	 Section 1.11.
	 	 Currency Equivalents Generally
	  	 	91	 
		
	 Section II AMOUNT AND TERMS OF COMMITMENTS
	  	 	92	 
	 Section 2.1.
	 	 Revolving Credit Commitments
	  	 	92	 
	 Section 2.2.
	 	 Loans and Borrowings
	  	 	95	 
	 Section 2.3.
	 	 Requests for Revolving Credit Borrowing
	  	 	96	 
	 Section 2.4.
	 	 Letters of Credit
	  	 	97	 
	 Section 2.5.
	 	 Funding of Borrowings
	  	 	105	 
	 Section 2.6.
	 	 Interest Elections
	  	 	105	 
	 Section 2.7.
	 	 Termination or Reduction or Reallocation of
Commitments
	  	 	107	 
	 Section 2.8.
	 	 Repayment of Revolving Credit Loans; Evidence of
Debt
	  	 	108	 
	 Section 2.9.
	 	 Prepayment of Loans
	  	 	109	 
	 Section 2.10.
	 	 Fees
	  	 	110	 
	 Section 2.11.
	 	 Mandatory Prepayments
	  	 	111	 
	 Section 2.12.
	 	 Interest
	  	 	112	 
	 Section 2.13.
	 	 Alternate Rate of Interest
	  	 	113	 
	 Section 2.14.
	 	 Increased Costs
	  	 	116	 
	 Section 2.15.
	 	 Break Funding Payments
	  	 	118	 
	 Section 2.16.
	 	 Taxes
	  	 	119	 
	 Section 2.17.
	 	 Payments Generally; Pro Rata Treatment; Sharing of Set-offs
	  	 	123	 
	 Section 2.18.
	 	 Mitigation Obligations; Replacement of
Lenders
	  	 	125	 
	 Section 2.19. 
	 	 Defaulting Lenders
	  	 	127	 
	 Section 2.20.
	 	 Incremental Facilities
	  	 	129	 
	 Section 2.21.
	 	 Cash Management
	  	 	131	 
	 Section 2.22.
	 	 Extensions of Revolving Credit Commitments
	  	 	133	 
	 Section 2.23.
	 	 Swingline Loans
	  	 	135	 
	 Section 2.24.
	 	
Co-Borrowers
	  	 	137	 
		
	 Section III REPRESENTATIONS AND WARRANTIES
	  	 	139	 
	 Section 3.1.
	 	 Financial Condition
	  	 	139	 
	 Section 3.2.
	 	 No Change
	  	 	140	 

							
	 Section 3.3.
	 	 Corporate Existence; Compliance with Law
	  	 	140	 
	 Section 3.4.
	 	 Organizational Power; Authorization; Enforceable
Obligations
	  	 	140	 
	 Section 3.5.
	 	 No Legal Bar; Organizational Documents
	  	 	141	 
	 Section 3.6.
	 	 No Material Litigation
	  	 	141	 
	 Section 3.7.
	 	 Ownership of Property; Liens
	  	 	141	 
	 Section 3.8.
	 	 Intellectual Property
	  	 	141	 
	 Section 3.9.
	 	 Taxes
	  	 	141	 
	 Section 3.10.
	 	 Federal Reserve Board Regulations
	  	 	142	 
	 Section 3.11.
	 	 ERISA; Canadian Pension Plans
	  	 	142	 
	 Section 3.12.
	 	 Investment Company Act
	  	 	143	 
	 Section 3.13.
	 	 Restricted Subsidiaries
	  	 	143	 
	 Section 3.14.
	 	 Use of Proceeds
	  	 	143	 
	 Section 3.15.
	 	 Environmental Matters
	  	 	144	 
	 Section 3.16.
	 	 Accuracy of Information, Etc.
	  	 	144	 
	 Section 3.17.
	 	 Security Documents
	  	 	145	 
	 Section 3.18.
	 	 Solvency
	  	 	146	 
	 Section 3.19.
	 	 Sanctions; Anti-Bribery Laws; Anti-Money Laundering
Laws
	  	 	146	 
	 Section 3.20.
	 	 EEA Financial Institution
	  	 	147	 
	 Section 3.21.
	 	 Labor Matters
	  	 	147	 
	 Section 3.22.
	 	 Accounts
	  	 	147	 
	 Section 3.23.
	 	 Borrowing Base Calculation
	  	 	147	 
		
	 Section IV CONDITIONS PRECEDENT
	  	 	147	 
	 Section 4.1.
	 	 Conditions to Closing Date
	  	 	147	 
	 Section 4.2.
	 	 Conditions to Each Post-Closing Extension of
Credit
	  	 	151	 
		
	 Section V AFFIRMATIVE COVENANTS
	  	 	152	 
	 Section 5.1.
	 	 Financial Statements
	  	 	152	 
	 Section 5.2.
	 	 Certificates; Other Information
	  	 	154	 
	 Section 5.3.
	 	 Payment of Material Taxes
	  	 	156	 
	 Section 5.4.
	 	 Conduct of Business and Maintenance of Existence, Compliance
with Laws, Etc.
	  	 	157	 
	 Section 5.5.
	 	 Maintenance of Property; Insurance
	  	 	157	 
	 Section 5.6.
	 	 Inspection of Property; Books and Records;
Discussions
	  	 	158	 
	 Section 5.7.
	 	 Notices
	  	 	158	 
	 Section 5.8.
	 	 Environmental Laws
	  	 	159	 
	 Section 5.9.
	 	 Additional Collateral, Etc.
	  	 	159	 
	 Section 5.10.
	 	 Use of Proceeds
	  	 	161	 
	 Section 5.11.
	 	 Further Assurances
	  	 	161	 
	 Section 5.12.
	 	 Inventory
	  	 	161	 
	 Section 5.13.
	 	 Designation of Subsidiaries
	  	 	161	 
	 Section 5.14.
	 	 Post-Closing Matters
	  	 	162	 
	 Section 5.15.
	 	 Lender Conference Call
	  	 	162	 
	 Section 5.16.
	 	 Canadian Pension Plans
	  	 	162	 

							
	 Section VI NEGATIVE COVENANTS
	  	 	163	 
			
	 Section 6.1.
	 	 Financial Covenant
	  	 	163	 
	 Section 6.2.
	 	 Limitation on Indebtedness
	  	 	163	 
	 Section 6.3.
	 	 Limitation on Liens
	  	 	168	 
	 Section 6.4.
	 	 Limitation on Fundamental Changes
	  	 	172	 
	 Section 6.5.
	 	 Limitation on Disposition of Property
	  	 	174	 
	 Section 6.6.
	 	 Limitation on Restricted Payments
	  	 	178	 
	 Section 6.7.
	 	 Limitation on Investments
	  	 	182	 
	 Section 6.8.
	 	 Limitation on Optional Payments of Junior Debt
Instruments
	  	 	186	 
	 Section 6.9.
	 	 Limitation on Transactions with Affiliates
	  	 	187	 
	 Section 6.10.
	 	 Limitation on Sales and Leasebacks
	  	 	190	 
	 Section 6.11.
	 	 Limitation on Negative Pledge Clauses
	  	 	190	 
	 Section 6.12.
	 	 Limitation on Restrictions on Restricted Subsidiary
Distributions
	  	 	191	 
	 Section 6.13.
	 	 Limitation on Lines of Business
	  	 	192	 
	 Section 6.14.
	 	 Permitted Activities, Etc.
	  	 	192	 
	 Section 6.15.
	 	 Modification of Certain Agreements
	  	 	192	 
	 Section 6.16.
	 	 Changes in Fiscal Periods
	  	 	193	 
		
	 Section VII EVENTS OF DEFAULT
	  	 	193	 
	 Section 7.1.
	 	 Events of Default
	  	 	193	 
	 Section 7.2.
	 	 Right to Cure
	  	 	198	 
	 Section 7.3.
	 	 Application of Proceeds
	  	 	199	 
		
	 Section VIII THE AGENT
	  	 	203	 
	 Section 8.1.
	 	 Appointment
	  	 	203	 
	 Section 8.2.
	 	 Delegation of Duties
	  	 	203	 
	 Section 8.3.
	 	 Exculpatory Provisions
	  	 	203	 
	 Section 8.4.
	 	 Reliance by Agent
	  	 	204	 
	 Section 8.5.
	 	 Notice of Default
	  	 	204	 
	 Section 8.6.
	 	 Non-Reliance on Agent
and Other Lenders
	  	 	204	 
	 Section 8.7.
	 	 Indemnification
	  	 	205	 
	 Section 8.8.
	 	 Agent in Its Individual Capacity
	  	 	205	 
	 Section 8.9.
	 	 Successor Agent
	  	 	206	 
	 Section 8.10.
	 	 Borrower Representative
	  	 	206	 
	 Section 8.11.
	 	 Joint Lead Arrangers
	  	 	207	 
	 Section 8.12.
	 	 Quebec Liens (Hypothecs)
	  	 	207	 
		
	 Section IX MISCELLANEOUS
	  	 	207	 
	 Section 9.1.
	 	 Notices
	  	 	207	 
	 Section 9.2.
	 	 Waivers; Amendments
	  	 	210	 
	 Section 9.3.
	 	 Expenses; Indemnity; Damage Waiver
	  	 	214	 
	 Section 9.4.
	 	 Successors and Assigns
	  	 	216	 
	 Section 9.5.
	 	 Survival
	  	 	222	 
	 Section 9.6.
	 	 Counterparts; Integration; Effectiveness
	  	 	222	 
	 Section 9.7.
	 	 Severability
	  	 	222	 
	 Section 9.8.
	 	 Right of Setoff
	  	 	222	 
	 Section 9.9.
	 	 Governing Law; Jurisdiction; Consent to Service of
Process
	  	 	223	 

							
	 Section 9.10.
	 	 WAIVER OF JURY TRIAL
	  	 	224	 
	 Section 9.11.
	 	 Headings
	  	 	224	 
	 Section 9.12.
	 	 Confidentiality
	  	 	224	 
	 Section 9.13.
	 	 PATRIOT Act; Canadian Anti-Money Laundering
	  	 	225	 
	 Section 9.14.
	 	 Release of Liens and Guarantees; Secured
Parties
	  	 	226	 
	 Section 9.15.
	 	 [Reserved]
	  	 	227	 
	 Section 9.16.
	 	 No Fiduciary Duty
	  	 	227	 
	 Section 9.17.
	 	 Interest Rate Limitation
	  	 	228	 
	 Section 9.18.
	 	 Intercreditor Agreements
	  	 	228	 
	 Section 9.19.
	 	 Posting of Margin and Collateral
	  	 	229	 
	 Section 9.20.
	 	 Acknowledgement and Consent to
Bail-In of EEA Financial Institutions
	  	 	229	 
	 Section 9.21.
	 	 Judgment Currency
	  	 	230	 
	 Section 9.22.
	 	 Allocations
	  	 	230	 
	 Section 9.23.
	 	 Acknowledgement Regarding Any Supported
QFCs
	  	 	231	 
		
	 Section X ADDITIONAL LOAN PARTIES AND
OBLIGATIONS
	  	 	232	 
	 Section 10.1.
	 	 Additional Borrowers
	  	 	232	 
	 Section 10.2.
	 	 Discretionary Guarantors
	  	 	232	 

			
	SCHEDULES:
		
	1.1(a)	  	Existing Letters of Credit
	1.1(b)	  	Parent Borrower’s Fiscal Calendar
	2.1	  	Lenders
	2.24	  	Post-Closing Borrowers
	3.4	  	Consents, Authorizations, Filings and Notices
	3.7	  	Material Real Property
	3.13(a)	  	Restricted Subsidiaries
	3.13(b)	  	Agreements Related to Capital Stock
	5.14	  	Post-Closing Matters
	6.2(d)	  	Existing Indebtedness
	6.3(f)	  	Existing Liens
	6.5	  	Dispositions
	6.7(c)	  	Existing Investments
	6.9(b)	  	Existing Affiliate Transactions
	6.11	  	Existing Negative Pledges
	
	EXHIBITS:
		
	A-1	  	Form of US Guarantee and Collateral Agreement
	A-2	  	Form of Canadian Guarantee and Collateral Agreement
	B	  	Form of Compliance Certificate
	C	  	Form of Assignment and Assumption
	D	  	Form of Collateral Access Agreement
	E	  	Form of Revolving Credit Note
	F-1 – F-4	  	Forms of US Tax Compliance Certificates
	G	  	Form of Borrowing Request
	H	  	Form of Solvency Certificate
	I-1	  	Form of Notice of Additional Borrower and Assumption Agreement
	I-2	  	Form of Notice of Additional Guarantor
	J	  	Form of Borrowing Base Certificate

 ABL CREDIT AGREEMENT 

ABL CREDIT AGREEMENT, dated as of October 1, 2018 (this “Agreement”), among SPECIALTY BUILDING PRODUCTS INTERMEDIATE II,
LLC, a Delaware limited liability company (“Holdings”), SPECIALTY BUILDING PRODUCTS HOLDINGS, LLC, a Delaware limited liability company (the “Parent Borrower”), as the Parent Borrower, the Borrower Representative
and as a US Borrower, U.S. LUMBER GROUP, LLC, a Delaware limited liability company (“US Lumber”), as a US Borrower, MOULURE ALEXANDRIA MOULDING INC., an Ontario corporation (being the Person resulting from the amalgamation (the
“Amalgamation”) of 2656753 Ontario Inc., Alexandria Canada Holdings Corp. and Moulure Alexandria Moulding Inc., hereinafter “Alexandria Moulding”), as the Canadian Borrower, the other persons from time to time
parties to this Agreement as Borrowers (including those persons identified as Borrowers on the signature pages to this Agreement), the several banks and other financial institutions from time to time parties to this Agreement as Lenders and as
Issuing Banks, and BANK OF AMERICA, N.A., as administrative agent and collateral agent (together with its successors and permitted assigns in such capacities, the “Agent”), as Swingline Lender and as an Issuing Bank. 

PRELIMINARY STATEMENTS 

WHEREAS, Parent Borrower will acquire, directly or indirectly, all of the outstanding equity interests of (i) Alexandria Moulding,
Inc., a Washington corporation (the “US Target”), (ii) Alexandria Canada Holdings Corp., an Ontario corporation (the “Canadian Target” and, collectively with the US Target, the “Target”) and
(iii) the subsidiaries of the Target, pursuant to the Stock Purchase Agreement, dated as of July 25, 2018 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Purchase
Agreement”), by and between Alexandria Moulding Holdings, LP, a Delaware limited partnership (the “Seller”) and the Parent Borrower (collectively the “Acquisition”); 

WHEREAS, in connection with the foregoing, the Borrower Representative has requested that the Lenders, the Swingline Lender and the
Issuing Banks extend credit in the form of an asset based revolving credit facility with initial commitments of $100 million); and 

WHEREAS, the Lenders, the Issuing Banks and the Swingline Lender are willing to make available to the Borrowers Loans, Swingline Loans
and Letters of Credit upon the terms and subject to the conditions set forth herein. 
 NOW, THEREFORE, in consideration of the
premises and the covenants and agreements contained herein, the parties hereto hereby agree as follows: 
 SECTION I 

DEFINITIONS 

Section 1.1. Defined Terms. As used in this Agreement, the terms listed in this Section 1.1 shall have the respective
meanings set forth in this Section 1.1. 

  
 1 

 “2020 Incremental Lenders”: at any time, any Lender that has (a) a
2020 Incremental Revolving Commitment on the Second Amendment Effective Date or (b) any Lender that has made a Loan pursuant to a 2020 Incremental Revolving Commitment. 

“2020 Incremental Revolving Commitments”: as to each 2020 Incremental Lender, its obligation to provide Incremental Revolving
Commitments to the US Borrowers pursuant to Section 2.20 in an aggregate amount not to exceed the amount set forth opposite such 2020 Incremental Lender’s name under the caption “2020 Incremental Revolving
Commitment” in Exhibit B to the Second Amendment, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.20). The aggregate amount of the 2020 Incremental Revolving Commitments as of the
Second Amendment Effective Date is $25,000,000. 
 “2020-B Incremental Lenders”: at
any time, any Lender that has (a) a 2020-B Incremental Revolving Commitment on the Fourth Amendment Effective Date or (b) any Lender that has made a Loan pursuant to a
2020-B Incremental Revolving Commitment. 
 “2020-B
Incremental Revolving Commitments”: as to each 2020-B Incremental Lender, its obligation to provide Incremental Revolving Commitments to the US Borrowers pursuant to
Section 2.20 in an aggregate amount not to exceed the amount set forth opposite such 2020-B Incremental Lender’s name under the caption
“2020-B Incremental Revolving Commitment” in Exhibit B to the Fourth Amendment, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.20) . The
aggregate amount of the 2020-B Incremental Revolving Commitments as of the Fourth Amendment Effective Date is $25,000,000. 

“20-Day Specified Availability”: on a given date, the quotient obtained by dividing
(a) the sum of each day’s Specified Availability during the twenty (20) consecutive day period immediately preceding such date by (b) twenty (20). 

“ABL Intercreditor Agreement”: the ABL Intercreditor Agreement, dated as of the Third Amendment Effective Date, among the
Agent, the First Lien Notes Collateral Agent, and any other Persons from time to time party thereto, and acknowledged by the US Loan Parties. 

“ABL Priority Collateral”: as defined in the ABL Intercreditor Agreement (including, for purposes of this Agreement, all
Collateral of the Canadian Loan Parties). 
 “ABR”: when used in reference to any Loan or Borrowing, refers to whether such
Loan, or the Loans comprising such Borrowing, are bearing interest at a rate determined by reference to, the Alternate Base Rate. 

“Acceptable Document of Title”: with respect to any Inventory, a tangible bill of lading or other document of title that
(a) is issued to the order of a Loan Party or, if so requested by the Agent solely with respect to negotiable documents of title, to the order of the Agent, (b) is subject to the first-priority security interest of the Agent (subject only
to First Priority Priming Liens) and (c) is on terms otherwise reasonably acceptable to the Agent. 

  
 2 

 “Account”: an “account” as such term is defined in Article
9 of the UCC or the PPSA, as applicable, and any and all supporting obligations in respect thereof. 
 “Account Debtor”:
each Person who is obligated on an Account. 
 “Accounting Change”: as defined in Section 1.4.

 “Acquired Asset Borrowing Base”: the US Acquired Asset Borrowing Base plus the Canadian Acquired Asset Borrowing
Base. 
 “Acquisition”: as defined in the recitals hereto. 

“Additional Borrower”: collectively or individually as the context so requires, any Additional US Borrower and/or any
Additional Canadian Borrower. 
 “Additional Lenders”: any Eligible Assignee that extends commitments under the Revolving
Credit Facilities pursuant to Section 2.20. 
 “Additional Canadian Borrower”: each, direct or
indirect, Wholly-Owned Canadian Subsidiary of the Parent Borrower set forth on the signature pages hereto as an Additional Canadian Borrower and any Wholly-Owned Canadian Subsidiary of the Parent Borrower that is added as an Additional Canadian
Borrower hereunder with respect to the Canadian Revolving Credit Facility in accordance with the provisions set forth in Section 10.1. 

“Additional US Borrower”: each, direct or indirect, Wholly-Owned Domestic Subsidiary of the Parent Borrower set forth on the
signature pages hereto as an Additional US Borrower and any Wholly-Owned Domestic Subsidiary of the Parent Borrower that is added as an Additional US Borrower hereunder with respect to the US Revolving Credit Facility in accordance with the
provisions set forth in Section 10.1. 
 “Adjusted LIBO Rate”: with respect to any Eurodollar
Borrowing for any Interest Period, an interest rate per annum equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate; provided that the Adjusted LIBO Rate (including for purposes of calculating the
Alternate Base Rate) shall in no event be less than 0.50%. 
 “Administrative Questionnaire”: an administrative
questionnaire in a form supplied by the Agent. 
 “Affected Financial Institution”: (a) any EEA Financial Institution or
(b) any UK Financial Institution. 
 “Affiliate”: 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. 

  
 3 

 “Agent”: as defined in the preamble hereto. 

“Agent Advance”: as defined in Section 2.1(d). 

“Agent Advance Period”: as defined in Section 2.1(d). 

“Agent Deposit Account”: as defined in Section 2.21(c). 

“Agent Indemnitee”: as defined in Section 8.7. 

“Aggregate Borrowing Base”: at any time, the US Borrowing Base at such time plus the Canadian Borrowing Base at such
time. 
 “Aggregate Exposure”: with respect to any Lender, as of any date of determination, the sum of (a) the
aggregate principal amount of all Revolving Credit Loans of such Lender as of such date plus (b) the LC Exposure of such Lender as of such date plus (c) the Swingline Exposure of such Lender as of such date. 

“Aggregate Exposure Percentage”: with respect to any Lender as of any date of determination, the ratio (expressed as a
percentage) of such Lender’s Aggregate Exposure (including its share of unfunded Agent Advances) as of such date to the Aggregate Exposure of all Lenders as of such date. 

“Agreement”: as defined in the preamble hereto. 

“AHYDO Payment”: any payment required to be made under the terms of Indebtedness in order to avoid the application of
Section 163(e)(5) of the Code to such Indebtedness. 
 “Alexandria Moulding”: as defined in the preamble hereto. 

“Alternate Base Rate”: for any day, a rate per annum equal to the greatest of (a) the Prime Rate in effect on such day,
(b) the Federal Funds Rate in effect on such day plus 1/2 of 1.00% and (c) the Adjusted LIBO Rate that would be calculated
as of such day (or, if such day is not a Business Day, as of the next preceding Business Day) in respect of a proposed Eurodollar Loan denominated in US Dollars with a one-month Interest Period plus
1.00%; provided that for the purpose of clause (c), the Adjusted LIBO Rate for any day shall be based on the rate determined on such day at approximately 11:00 a.m., London time by reference to the LIBOR01 Page published by Reuters (or any successor
page) (giving effect to any applicable floor). If the Agent shall have determined (which determination shall be conclusive absent manifest error) that it is unable to ascertain the Federal Funds Rate for any reason, including the inability or
failure of the Agent to obtain sufficient quotations in accordance with the terms of the definition thereof, the Alternate Base Rate shall be determined without regard to clause (b) of the immediately preceding sentence until the circumstances
giving rise to such inability no longer exist. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Rate or such Adjusted LIBO Rate shall be effective from and including the effective date of such change in the
Prime Rate, the Federal Funds Rate or such Adjusted LIBO Rate, respectively. 

  
 4 

 “Applicable Lender Percentage”: the US Lender Percentage or the Canadian
Lender Percentage, as applicable. 
 “Applicable Margin”: initially a rate per annum equal to in the case of Loans
maintained as (A) ABR Loans, Canadian Base Rate Loans and Canadian Prime Rate Loans, 0.25% and (B) Eurodollar Loans and BA Equivalent Rate Loans, 1.25%, in each case, until the date of the delivery of the first Quarterly Pricing
Certificate in accordance with the first sentence of the following paragraph (each, a “Start Date”), commencing with the Quarterly Pricing Certificate delivered with respect to the Fiscal Quarter ending March 31, 2019. From and
after the first Start Date to and including the applicable End Date described below, the Applicable Margins for such Type of Loans shall be those set forth below opposite the Historical Excess Availability indicated to have been achieved in any
certificate delivered in accordance with the first sentence of the following paragraph: 
  

							
	 Level
	  	 Historical Excess

Availability as a

percentage of the Line

Cap
	  	Applicable Margin for
Eurodollar Loans and BA
Equivalent Rate Loans	 	Applicable Margin for
ABR Loans, Canadian
Base
Rate Loans and
Canadian Prime Rate
Loans
	 I
	  	Greater than 66.66%	  	1.25%	 	0.25%
	 II
	  	Less than or equal to 66.66%, but greater than 33.33%	  	1.50%	 	0.50%
	 III
	  	Less than or equal to 33.33%	  	1.75%	 	0.75%

 The Historical Excess Availability used in a determination of the Applicable Margins shall be determined based
on the delivery by the Borrower Representative of a certificate of a Responsible Officer of the Borrower Representative (each, a “Quarterly Pricing Certificate”) to the Agent (with a copy to be sent by the Agent to each Lender),
within fifteen (15) Business Days after the last day of each Fiscal Quarter, which Quarterly Pricing Certificate shall set forth the calculation of the Historical Excess Availability as at the last day of the Fiscal Quarter ended immediately
prior to the relevant Start Date. The Applicable Margins so determined shall apply, except as set forth in the succeeding sentence, from and including the relevant Start Date to but excluding the earlier of (x) the date on which the next
Quarterly Pricing Certificate is delivered to the Agent and (y) the date which is fifteen (15) Business Days following the last day of the Fiscal Quarter in which the previous Start Date occurred (such earlier date, the “End
Date”), at which time, if no Quarterly Pricing Certificate has been delivered to the Agent (and thus commencing a new Start Date), the Applicable Margins shall be those that correspond to a Historical Excess Availability at Level III above
(such Applicable Margins as so determined, the “Highest Applicable Margins”) and the Highest Applicable Margins shall apply until a Quarterly Pricing Certificate is delivered to the Agent (and thus commencing a new Start Date).
Notwithstanding anything to the contrary contained above in this definition, (a) the Applicable Margins shall be the Highest Applicable Margins at all times during which there shall exist any 

  
 5 

 
Event of Default (provided, upon the cure or waiver of such Event of Default, the Applicable Margin shall be determined in accordance with the above pricing grid based on the most recently
delivered Quarterly Pricing Certificate from and after the day immediately following the date such Event of Default is cured or waived), (b) from and after the most recent Incremental Facility Closing Date for any Incremental Amendment pursuant to
which the Applicable Margins have been increased above the Applicable Margins in effect immediately prior to such Incremental Facility Closing Date, the Applicable Margins shall be increased to those respective percentages per annum set forth in the
applicable Incremental Amendment and (c) from and after any Extension, with respect to any Extended Revolving Credit Commitments, the Applicable Margins specified for such Extended Revolving Credit Commitments shall be those specified in the
applicable definitive documentation thereof. 
 “Approved Currency”: each of US Dollars, Canadian Dollars and other Foreign
Currencies to be mutually agreed from time to time by the Parent Borrower, the Agent and the Issuing Bank. 
 “Approved
Fund”: any Person (other than a natural person) that is engaged in making, purchasing, holding or investing in revolving bank loans and similar extensions of credit as its primary activity and that is administered or managed by (a) a
Lender, (b) an Affiliate or branch of a Lender or (c) an entity or an Affiliate of an entity that administers or manages a Lender; provided, in no event shall a Disqualified Lender be an Approved Fund. 

“Assignment and Assumption”: an assignment and assumption entered into by a Lender and an assignee (with the consent of each
party whose consent is required by Section 9.4), and accepted by the Agent, in the form of Exhibit C or any other form approved by the Agent and the Borrower Representative. 

“Attributable Indebtedness”: on any date, in respect of any Capital Lease Obligation 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. 
 “Auto Renewal
Letter of Credit”: as defined in Section 2.4(c). 
 “Availability”: as of any date of
determination, the sum of US Availability and Canadian Availability as of such date. 
 “Availability Period”: (a) with
respect to the Revolving Credit Facility, the period from and including the Closing Date to but excluding the earlier of (i) the Maturity Date and (ii) the date of termination of the Revolving Credit Commitments, and (b) with respect
to Extended Revolving Credit Commitments, the period from and including the effective date of the Extension Amendment applicable to such Extended Revolving Credit Commitments but excluding the earlier of (i) the final maturity date thereof as
specified in the applicable Extension Offer accepted by the respective Lender or Lenders and (ii) the date of termination of the such Extended Revolving Credit Commitments. 

  
 6 

 “Average Facility Balance”: for any period for any Facility, the amount
obtained by dividing the Aggregate Exposure for all Lenders under such Facility at the end of each day for the period in question by the number of days in such period. 

“BA Equivalent Rate”: with respect to each Interest Period for a BA Equivalent Rate Loan, the average per annum interest rate
for Canadian Dollar bankers’ acceptances for an identical or comparable term as the proposed BA Equivalent Rate Loan appearing on the “Reuters Screen CDOR Page” (or comparably nationally recognized screen as determined by the Agent if
the Reuters Screen is not available) at or about 10:00 a.m. Toronto time on such day or, if not such screen is available, the average rates for such period applicable to Canadian Dollar bankers’ acceptances for a an identical or comparable term
as the proposed BA Equivalent Rate Loan quoted by the banks listed on Schedule I of the Bank Act (Canada) at or about 10:00 a.m. Toronto time on such day; provided, in no event shall the BA Equivalent Rate be less than 0.50%. 

“Bail-In Action”: the exercise of any Write-Down and Conversion Powers by the
applicable Resolution Authority in respect of any liability of an Affected Financial Institution. 

“Bail-In Legislation” : (a) with
respect to any EEA Member Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation rule or requirement for such EEA Member Country from time to time
which is described in the EU Bail-In Legislation Schedule and (b) with respect to the United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law,
regulation or rule applicable in the United Kingdom relating to the resolution of unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency
proceedings). 
 “Bank of America”: Bank of America, N.A. (including, where applicable, acting through its Canada branch).

 “Bankruptcy Code”: Title 11 of the United States Code (11 U.S.C. § 101, et seq.). 

“Bankruptcy Event”: with respect to any Person, such Person becomes the subject of a bankruptcy or insolvency proceeding or a
corporate statutory arrangement proceeding having similar effect, is subject to, or any Person that directly or indirectly controls such Person is subject to, a forced liquidation, or has had a receiver, interim receiver, receiver and manager,
conservator, trustee, administrator, custodian, monitor, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its business appointed for it or any substantial part of its assets, or, in the good
faith determination of the 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, so long as such ownership interest does not result in or provide such Person with immunity from the
jurisdiction of courts within the United States or Canada 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. 

  
 7 

 “Beneficial Ownership Certification”: a certification regarding beneficial
ownership as required by the Beneficial Ownership Regulation. 
 “Beneficial Ownership Regulation”: 31 C.F.R. §
1010.230. 
 “BHC Act Affiliate”: of a party means an “affiliate” (as such term is defined under, and interpreted
in accordance with, 12 U.S.C. 1841(k)) of such party. 
 “Board”: the Board of Governors of the Federal Reserve System of
the United States (or any successor thereto). 
 “Board of Directors”: with respect to any Person, (a) in the case of
any corporation, the board of directors of such Person, (b) in the case of any limited liability company, the board of managers of such person or, if there is none, the Board of Directors of the managing member of such Person, (c) in the
case of any partnership, the Board of Directors of the general partner of such Person, (d) in any other case, the functional equivalent of the foregoing and (e) in the case of any Person organized under the laws of a jurisdiction other
than the United States, any state thereof or the District of Columbia, the foreign equivalent of any of the foregoing. 

“Borrower” and “Borrowers”: as the context may require, the Parent Borrower, any other US Borrower, any
Canadian Borrower and/or any Person specified as an Additional Borrower pursuant to Section 10.1 from time to time, but excluding any Person that ceases to be a party hereto in accordance with the terms of
Section 9.14. Notwithstanding anything to the contrary herein, no Borrower listed on Schedule 2.24 (such Borrowers, the “Specified Borrowers”) shall be permitted to borrow Loans on and from the
Closing Date until the Agent shall have notified (such notice to be provided promptly following the satisfaction of the following requirements) the Parent Borrower that it has received all documentation and other information with respect to the
Specified Borrowers under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act and Canadian Anti-Money Laundering Laws and, if any Specified Borrower qualifies as a “legal entity
customer” under the Beneficial Ownership Regulation, the Agent shall have received a Beneficial Ownership Certification with respect to such Specified Borrower, which Beneficial Ownership Certification shall be substantially similar in form and
substance to the form of Certification Regarding Beneficial Owners of Legal Entity Customers published jointly, in May 2018, by the Loan Syndications and Trading Association and Securities Industry and Financial Markets Association. For the
avoidance of doubt, each Specified Borrower shall be a Loan Party as of the Closing Date. 
 “Borrower Representative”: as
defined in Section 8.10. 
 “Borrowing”: (a) Loans of the same Class, Type and currency, made,
converted or continued on the same date and, in the case of Eurodollar Loans and BA Equivalent Rate Loans, as to which a single Interest Period is in effect, (b) Swingline Loans or (c) Agent Advances. 

“Borrowing Base”: the US Borrowing Base, the Canadian Borrowing Base or the Aggregate Borrowing Base, as applicable. For the
avoidance of doubt, in the case of any 

  
 8 

 
Permitted Acquisition, the Borrowing Base shall include amounts attributable to the target or assets acquired in such Permitted Acquisition to the extent set forth in the definitions of US
Borrowing Base and Canadian Borrowing Base and subject to the limits of the Acquired Asset Borrowing Base to the extent applicable. 

“Borrowing Base Certificate”: as defined in Section 5.2(c). 

“Borrowing Request”: a request by the Borrower Representative for a Borrowing substantially in the form of Exhibit G
or any other form acceptable to the Agent and the Borrower Representative. 
 “Business Day”: any day that is not a
Saturday, Sunday or other day on which commercial banks in New York City or Toronto, Ontario are authorized or required by law to remain closed; provided, that, when used in connection with a Eurodollar Loan, the term “Business
Day” shall also exclude any day on which banks are not open for dealings in US Dollar deposits in the London interbank market. 

“Canadian ABL Sublimit”: $35.0 million as such amount may be increased from time to time in accordance with
Section 2.20 or Section 9.2(e). Usage of the Canadian ABL Sublimit shall reduce availability under the US Revolving Credit Facility on a US Dollar-for-US Dollar basis. 
 “Canadian Acquired Asset Borrowing Base”: as
defined in the definition of Canadian Borrowing Base. 
 “Canadian Anti-Money Laundering Laws”: (as the context
requires) (i) the Criminal Code (Canada), the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (Canada), including any guidelines or orders thereunder, the Special Economic Measures Act (Canada), Resolutions Implementing the
United Nations Resolution on the Suppression of Terrorism, United Nations Al-Qaida and Taliban Regulations, or (ii) any other applicable anti-money laundering, anti-terrorist financing, sanction and
“know your client” laws of Canada. 
 “Canadian Availability”: the amount equal to the Canadian Line Cap minus
Canadian Revolving Credit Exposure. 
 “Canadian Base Rate”: for any day, a fluctuating rate per annum equal to the
greatest of (a) the per annum rate of interest designated by Bank of America (acting through its Canada branch) from time to time as its base rate for commercial loans made by it in Canada in US Dollars, which rate is based on various factors,
including its 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 rate; (b) the Federal Funds Rate in effect on such day
plus 1/2 of 1.00% and (c) the Adjusted LIBO Rate that would be calculated as of such day (or, if such day is not a Business Day,
as of the next preceding Business Day) in respect of a proposed Eurodollar Loan denominated in US Dollars with a one-month Interest Period plus 1.00%; provided that for the purpose of clause (c), the
Adjusted LIBO Rate for any day shall be based on the rate determined on such day at approximately 11:00 a.m., London time by reference to the LIBOR01 Page published by Reuters (or any successor page) (giving effect to any

  
 9 

 
applicable floor). If the Agent shall have determined (which determination shall be conclusive absent manifest error) that it is unable to ascertain the Federal Funds Rate for any reason,
including the inability or failure of the Agent to obtain sufficient quotations in accordance with the terms of the definition thereof, the Canadian Base Rate shall be determined without regard to clause (b) of the immediately preceding
sentence until the circumstances giving rise to such inability no longer exist. Any change in the Canadian Base Rate due to a change in any of the rates described in clauses (a), (b) and (c) above shall be effective from and including the
effective date of such change in any such rate. 
 “Canadian Borrowers”: Alexandria Moulding and each Additional Canadian
Borrower. 
 “Canadian Borrowing Base”: as of any date of calculation, the amount calculated as the “Canadian
Borrowing Base” pursuant to the Borrowing Base Certificate most recently delivered to the Agent in accordance with Section 5.2(c), equal to, without duplication, the US Dollar Equivalent sum of: 

(a) the lesser of (i) 85% of the NOLV of Eligible Inventory of each Canadian Loan Party and (ii) 75% of the average cost of Eligible Inventory
of each Canadian Loan Party (which, in the case of both clauses (i) and (ii), shall take into account purchase price variances and shrinkage); plus 

(b) 85% of the Eligible Accounts of each Canadian Loan Party; plus 

(c) 100% of Eligible Cash of each Canadian Loan Party; plus 

(d) the US Availability Allocated Amount; minus 

(d) the Eligible Reserves on the Canadian Borrowing Base. 

Notwithstanding the foregoing, any Eligible Inventory and Eligible Accounts acquired by any Canadian Loan Party in a Permitted Acquisition may
be immediately included in the Canadian Borrowing Base notwithstanding that the Agent has not completed a reasonably satisfactory field examination and inventory appraisal in respect of such Eligible Inventory and Eligible Accounts subject to the
following limitations (which shall not apply to the extent such acquired Eligible Inventory and Eligible Accounts contribute an amount less than 10% of the Canadian Borrowing Base prior to giving effect to any such acquired Eligible Inventory and
Eligible Accounts): the portion of the Canadian Borrowing Base that may be attributable to such acquired Eligible Inventory and Eligible Accounts shall be limited to the lesser of (a) 20% of the Canadian Borrowing Base (after giving effect to the
inclusion of such acquired Eligible Inventory and Eligible Accounts) and (b) for each Borrowing Base Certificate that is delivered on or after the date that such Permitted Acquisition is consummated and prior to the date that is ninety
(90) days after the date such Permitted Acquisition is consummated, the Canadian Borrowing Base shall include the sum of (x) 70% of the Eligible Accounts acquired in such Permitted Acquisition and (y) 70% of the NOLV of the Eligible Inventory
acquired in such Permitted Acquisition and (ii) for each subsequent Borrowing Base Certificate that is delivered on or after the date that is ninety (90) days after such Permitted Acquisition is consummated and on or before the date that
is one hundred eighty (180) days after such Permitted Acquisition is consummated (or such later date that as may be agreed to by the Agent in its Permitted 

  
 10 

 
Discretion), the Canadian Borrowing Base shall include the sum of (x) 55% of the Eligible Accounts acquired in such Permitted Acquisition and (y) 55% of the NOLV of the Eligible Inventory
acquired in such Permitted Acquisition ((i) or (ii), as applicable, the “Canadian Acquired Asset Borrowing Base”). To the extent that the Agent has not completed, at the Borrowers’ expense, a field examination and inventory
appraisal reasonably satisfactory to the Agent within one hundred eighty (180) days of the acquisition of such Eligible Inventory and Eligible Accounts (or such longer period as the Agent may reasonably agree) such Inventory and Accounts will
cease to be eligible for inclusion in the Canadian Borrowing Base. The Agent shall have the right (but not the obligation) to review such computations and if the Agent shall have reasonably determined in its Permitted Discretion that such
computations have not been calculated in accordance with the terms of this Agreement, the Agent shall have the right to correct any such errors. For the avoidance of doubt, prior to the date of closing of any such Permitted Acquisition, no portion
of the Canadian Acquired Asset Borrowing Base shall be included in the Canadian Borrowing Base for purposes of determining the Canadian Line Cap for purposes of a Borrowing. 

“Canadian Cash Management Obligations”: obligations owed by any Canadian Loan Party to any Qualified Counterparty in respect
of or in connection with Cash Management Services and designated by such Qualified Counterparty and the Borrower Representative in writing to the Agent as a “Cash Management Obligation”. 

“Canadian Collateral”: the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior
to such foreclosure that was owned by) the Canadian Loan Parties. 
 “Canadian Defined Benefit Plan” a Canadian Pension
Plan that contains a “defined benefit provision” as defined in subsection 147.1(1) of the ITA. 
 “Canadian
Dollars” or “Cdn$”: dollars in lawful currency of Canada. 
 “Canadian Guarantee and Collateral
Agreement”: the Canadian ABL Guarantee and Collateral Agreement among the Canadian Borrower, each Canadian Subsidiary Guarantor and the Agent, substantially in the form of Exhibit A-2. 

“Canadian IP Security Agreements”: the collective reference to each Intellectual Property Security Agreement required to be
entered into and delivered pursuant to the terms of this Agreement and the Security Documents with respect to Intellectual Property of the Canadian Loan Parties registered in the United States or Canada, in substantially the form of Exhibit A
to the Canadian Guarantee and Collateral Agreement. 
 “Canadian LC Exposure”: as defined in the definition of “LC
Exposure”. 
 “Canadian LC Sublimit”: $5.0 million, as such amount may be increased from time to time in
accordance with Section 2.20 or Section 9.2(e). The Canadian LC Sublimit is part of, and not in addition to, the Canadian Revolving Credit Commitments. 

“Canadian Lender Percentage”: with respect to any Canadian Revolving Credit Lender, the percentage of the total Canadian
Revolving Credit Commitments represented by such 

  
 11 

 
Lender’s Canadian Revolving Credit Commitment. If the Canadian Revolving Credit Commitments have terminated or expired, the Canadian Lender Percentages shall be determined based upon the
Canadian Revolving Credit Commitments most recently in effect, giving effect to any assignments. The Canadian Lender Percentage shall be adjusted appropriately, as determined by the Agent, in accordance with Section 2.19(c)
to disregard the Canadian Revolving Credit Commitment of Defaulting Lenders. 
 “Canadian Letter of Credit”: any Letter of
Credit issued hereunder for the account of a Canadian Borrower. 
 “Canadian Line Cap”: at any time, the least of (i) 100%
(or, during an Agent Advance Period, 110%) of the Canadian Borrowing Base at such time, (ii) the Canadian ABL Sublimit in effect at such time and (iii) the Total Revolving Credit Commitments in effect at such time minus the Total US
Revolving Credit Exposure at such time. 
 “Canadian Loan Party”: any Canadian Borrower or Canadian Subsidiary Guarantor.

 “Canadian Multi-Employer Plan”: each “multi-employer plan,” as defined in the ITA, that is contributed to by,
or required to contribute to by, any Loan Party in respect of its Canadian employees or former employees. 
 “Canadian
Obligations”: the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and Reimbursement Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of
any insolvency, reorganization or like proceeding, relating to the Canadian Borrowers, whether or not a claim for post-filing or post-petition interest is allowed or allowable in such proceeding) the Loans, the Reimbursement Obligations and all
other obligations and liabilities of the Canadian Loan Parties to the Agent or to any Lender, any Issuing Bank or any Qualified Counterparty, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter
incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document, the Canadian Letters of Credit or any Canadian Specified Swap Contract, whether on account of principal, interest, reimbursement obligations,
fees, indemnities, costs or expenses (including all fees, charges and disbursements of counsel to the Joint Lead Arrangers, to the Agent or to any Lender that are required to be paid by the Canadian Borrowers pursuant hereto), and any Canadian Cash
Management Obligations; provided, that (i) obligations of the Canadian Loan Parties under any Canadian Specified Swap Contract or any Canadian Cash Management Obligations shall be secured and guaranteed pursuant to the Canadian Security
Documents only to the extent that, and for so long as, the other Canadian Obligations are so secured and guaranteed (except as otherwise contemplated by Section 7.3) and (ii) any release of Canadian Collateral or
Holdings or Canadian Subsidiary Guarantors effected in the manner permitted by this Agreement or any Canadian Security Document shall not require the consent of holders of obligations under Canadian Specified Swap Contract or holders of any Canadian
Cash Management Obligations. Notwithstanding the foregoing, “Canadian Obligations” of any Canadian Loan Party shall not include any Excluded Swap Obligation of such Canadian Loan Party. 

  
 12 

 “Canadian Pension Event”: (a) the voluntary full or partial wind up of a
Canadian Defined Benefit Plan; (b) the institution of proceedings by any Governmental Authority to terminate in whole or in part or have an administrator appointed to administer a Canadian Defined Benefit Plan; or (c) any other event or
condition which could reasonably be expected to constitute grounds for the termination of, winding up of, partial termination or winding up of, or the appointment of an administrator to administer, any Canadian Defined Benefit Plan. 

“Canadian Pension Plan”: each “registered pension plan,” as defined in the ITA, maintained or contributed to by, or
required to contribute to by, any Loan Party in respect of its Canadian employees or former employees, but does not include a Canadian Multi-Employer Plan or the Canada Pension Plan or the Quebec Pension Plan as maintained by the Government of
Canada or the Province of Quebec 
 “Canadian Prime Rate”: for any day, a fluctuating rate per annum equal to the greater
of (i) the per annum rate of interest designated by Bank of America (acting through its Canada branch) from time to time as its prime rate for commercial loans made by it in Canada in Canadian Dollars, which rate is based on various factors,
including its 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 rate; or (ii) the BA Equivalent Rate for a one month
interest period as of such day (giving effect to any applicable floor), plus 1.00% per annum. Any change in such rate shall take effect at the opening of business on the applicable Business Day. 

“Canadian Revolving Credit Borrowing”: a Borrowing comprised of Canadian Revolving Credit Loans. 

“Canadian Revolving Credit Commitments”: as to any Canadian Revolving Credit Lender, the obligation of such Lender, if any,
to make Canadian Revolving Credit Loans pursuant to Section 2.1(a), to participate in Canadian Letters of Credit pursuant to Section 2.4 and to participate in Canadian Swingline Loans pursuant to
Section 2.23, expressed as an amount representing the maximum aggregate permitted amount of such Canadian Revolving Credit Lender’s Revolving Credit Exposure hereunder, in an aggregate principal and/or face amount not
to exceed the amount set forth under the heading “Canadian Revolving Credit Commitment” opposite such Lender’s name on Schedule 2.1 or, as the case may be, in the Assignment and Assumption pursuant to which such Canadian
Revolving Credit Lender became a party hereto, in each case as the same may be changed from time to time pursuant to the terms hereof. 

“Canadian Revolving Credit Exposure”: as of any date of determination, shall be the sum of such Lender’s Canadian
Revolving Credit Loans, its Canadian LC Exposure and its Canadian Swingline Exposure as of such date. 
 “Canadian Revolving Credit
Facility”: as defined in the definition of the term “Revolving Credit Facility”. 
 “Canadian Revolving Credit
Lender”: a Revolving Credit Lender with a Canadian Revolving Credit Commitment or that is a holder of Canadian Revolving Credit Loans. 

  
 13 

 “Canadian Revolving Credit Loan”: a Loan made by a Canadian Revolving
Credit Lender to a Canadian Borrower pursuant to Section 2.1(a), any Canadian Swingline Loans made pursuant to Section 2.23 and any Loan made by a Canadian Revolving Credit Lender pursuant to an
Extended Revolving Credit Commitment or Incremental Revolving Commitment. Each Canadian Revolving Credit Loan (other than a Canadian Swingline Loan) shall be a Canadian Prime Rate Loan or a BA Equivalent Rate Loan (if in Canadian Dollars) or a
Canadian Base Rate Loan or a Eurodollar Loan (if in US Dollars). 
 “Canadian Secured Parties”: the Secured Parties holding
the Canadian Obligations. 
 “Canadian Security Documents”: the collective reference to (a) the Canadian Guarantee and
Collateral Agreement, (b) the Canadian IP Security Agreements, and (c) all other security documents governed by the laws of Canada or any province or territory thereof hereafter delivered to the Agent granting a Lien on any Property of any
Canadian Loan Party to secure any Canadian Obligations. 
 “Canadian Specified Swap Contract”: any Swap Contract entered
into or assumed by any Canadian Loan Party and any Qualified Counterparty and designated by such Qualified Counterparty and the Borrower Representative in writing to the Agent as a “Specified Swap Contract”. 

“Canadian Subsidiary”: any Restricted Subsidiary of the Parent Borrower that is organized or existing under the laws of
Canada or one of the provinces or territories of Canada. 
 “Canadian Subsidiary Guarantor”: each direct and indirect
Wholly-Owned Subsidiary that is a Canadian Subsidiary of the Parent Borrower, other than an Excluded Subsidiary (but including any Discretionary Guarantor). 

“Canadian Swingline Exposure”: at any time, with respect to any Canadian Revolving Credit Lender, shall be the sum of such
Lender’s participation obligations with respect to Canadian Swingline Loans under Section 2.23(b). 
 “Canadian
Swingline Lender”: Bank of America, N.A. (acting through its Canada branch), in its capacity as lender of Canadian Swingline Loans hereunder. 

“Canadian Swingline Loan”: a Loan made by the Canadian Swingline Lender pursuant to Section 2.23(a). 

“Canadian Swingline Sublimit”: an amount equal to the lesser of (i) $5 million and (ii) the Canadian Line Cap at
such time. 
 “Canadian Target”: as defined in the recitals hereto. 

“Capital Expenditures”: for any period, the aggregate amount of all expenditures of the Parent Borrower and its Restricted
Subsidiaries during such period determined on a consolidated basis that, in accordance with GAAP, are or should be included as additions to property, plant 

  
 14 

 
and equipment in the consolidated statement of cash flows of the Parent Borrower and its Restricted Subsidiaries. Notwithstanding the foregoing, Capital Expenditures shall not include: 

(a) expenditures made with tenant allowances received by the Parent Borrower or any of its Restricted Subsidiaries from landlords in the
ordinary course of business and subsequently capitalized; 
 (b) any amounts spent in connection with Investments permitted pursuant to
Section 6.7, Permitted Acquisitions and expenditures made in connection with the Transactions; 
 (c) expenditures financed with
the proceeds of an issuance of Capital Stock of Holdings or any direct or indirect parent thereof, or a capital contribution to any Borrower; 

(d) expenditures that are accounted for as capital expenditures by the Parent Borrower or any of its Restricted Subsidiaries and that actually
are paid for by a Person other than the Parent Borrower or any of its Restricted Subsidiaries to the extent neither the Parent Borrower nor any of its Restricted Subsidiaries has provided or is required to provide or incur, directly or
indirectly, any consideration or obligation to such Person or any other Person (whether before, during or after such period); 
 (e) any
expenditures which are contractually required to be, and are, advanced or reimbursed to the Parent Borrower or any of its Restricted Subsidiaries in cash by a third party (including landlords) during such period of calculation; 

(f) the book value of any asset owned by the Parent Borrower or any of its Restricted Subsidiaries prior to or during such period to the
extent that such book value is included as a capital expenditure during such period as a result of such Person reusing or beginning to reuse such asset during such period without a corresponding expenditure actually having been made in such period;
provided that (i) any expenditure necessary in order to permit such asset to be reused shall be included as a capital expenditure during the period in which such expenditure actually is made and (ii) such book value shall have been
included in capital expenditures when such asset was originally acquired; 
 (g) that portion of interest on Indebtedness incurred for
capital expenditures which is paid in cash and capitalized in accordance with GAAP; 
 (h) expenditures made in connection with the
replacement, substitution, restoration, upgrade, development or repair of assets to the extent financed with (x) insurance or settlement proceeds paid on account of the loss of or damage to the assets being replaced, substituted, restored,
upgraded, developed or repaired or (y) awards of compensation arising from the taking by eminent domain or condemnation of the assets being replaced; 

(i) in the event that any equipment is purchased substantially simultaneously with the trade-in of
existing equipment, the gross amount of the credit granted by the seller of such equipment for the equipment being traded in at such time; or 

(j) expenditures relating to the construction, acquisition, replacement, reconstruction, development, refurbishment, renovation or improvement
of any property which has been 

  
 15 

 
transferred to a Person other than the Parent Borrower or any of its Restricted Subsidiaries during the same Fiscal Year in which such expenditures were made pursuant to a Sale and Leaseback
Transaction to the extent of the cash proceeds received by the Parent Borrower or any of its Restricted Subsidiaries pursuant to such Sale and Leaseback Transaction that are not required to prepay funded Indebtedness. 

“Capital Lease Obligations”: with respect to any Person, the obligations of such Person to pay rent or other amounts under
any lease of (or other arrangement conveying the right to use) real or personal property, or a combination thereof, which obligations are required to be classified and accounted for as capital leases on a balance sheet (excluding the footnotes
thereto) of such Person under GAAP; and, subject to Section 1.4, for the purposes of this Agreement, the amount of such obligations at any time shall be the capitalized amount thereof at such time determined in accordance with GAAP. 

“Capital Stock”: any and all shares, interests, participations or other equivalents (however designated) of capital stock or
share capital of a corporation, any and all equivalent ownership interests in a Person (other than a corporation) and any and all warrants, rights or options to purchase any of the foregoing, including convertible securities but excluding debt
securities convertible or exchangeable into any of the foregoing. 
 “Cash Collateral”: as defined in
Section 2.19(c). 
 “Cash Collateralize”: as defined in Section 2.19(c). 

“Cash Equivalents”: (a) (i) US Dollars and (ii) Canadian Dollars; (b) securities and other obligations issued
or directly and fully guaranteed or insured by the United States government or Canadian government or any agency or instrumentality thereof (provided, that the full faith and credit of the United States or Canada is pledged in support of
those securities) having maturities of not more than one (1) year from the date of acquisition; (c) certificates of deposit, time deposits, guaranteed investment certificates and eurocurrency time deposits with maturities of one
(1) year or less from the date of acquisition, demand deposits, bankers’ acceptances with maturities not exceeding one (1) year and overnight bank deposits, in each case, with any Lender or with any domestic or foreign bank having, or
which is a banking subsidiary of a domestic or foreign bank holding company or any branch of a foreign bank in the United States or Canada having, capital and surplus of not less than $500.0 million (or its Foreign Currency equivalent); (d)
fully collateralized repurchase obligations for underlying securities of the types described in clauses (b) and (c) above or clause (f) below entered into with any financial institution meeting the qualifications specified in clause
(c) above; (e) commercial paper and variable or fixed rate notes rated at least P-2 by Moody’s or at least A-2 by S&P (or, if at any time neither
Moody’s nor S&P shall be rating such obligations, an equivalent rating from another nationally recognized statistical rating agency) and, in each case, maturing within one (1) year after the date of acquisition; (f) marketable
short-term money market and similar highly liquid funds having a rating of at least P-2 or A-2 from either Moody’s or S&P, respectively (or, if at any time
neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another nationally recognized statistical rating agency); (g) readily marketable direct obligations issued by any state, commonwealth or territory of the
United States or any province or territory of Canada or any political subdivision of any of the foregoing rated at least P-2 by Moody’s or at least A-2 by S&P

  
 16 

 
(or, if at any time neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another nationally recognized statistical rating agency) with maturities of one
(1) year or less from the date of acquisition; (h) Investments with average maturities of one (1) year or less from the date of acquisition in money market funds rated AAA- (or the equivalent
thereof) or better by S&P or Aaa3 (or the equivalent thereof) or better by Moody’s (or, if at any time neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another nationally recognized statistical
rating agency); and (i) investment funds investing substantially all of their assets in Cash Equivalents of the kinds described in clauses (a) through (h) of this definition. 

In the case of Investments by any Foreign Subsidiary that is a Restricted Subsidiary, Cash Equivalents shall also include (i) Investments
denominated in other currencies of the type and maturity described in clauses (a) through (i) above of foreign obligors, which Investments or obligors (or the parents of such obligors) have ratings described in such clauses or equivalent
ratings from comparable rating agencies (in each case, if ratings are required by such clauses) and (ii) other short-term investments denominated in other currencies utilized by Foreign Subsidiaries that are Restricted Subsidiaries in
accordance with normal investment practices for cash management in investments analogous to the foregoing investments in clauses (a) through (i) and in this paragraph. 

Notwithstanding the foregoing, Cash Equivalents shall include, in the case of any Foreign Subsidiary, amounts denominated in the local
currency of the jurisdiction of incorporation or formation of such Foreign Subsidiary in addition to those set forth in clause (a) above; provided, that such amounts are held by such Foreign Subsidiary from time to time in the ordinary
course of business and not for speculation. 
 “Cash Management Control Agreement”: a “control agreement”
in form and substance reasonably acceptable to the Agent and the Borrower Representative and containing terms regarding the treatment of all cash and other amounts on deposit in the respective deposit account or securities account governed by such
Cash Management Control Agreement consistent with the requirements of Section 2.21 and in the case of any deposit account or securities account holding Eligible Cash, the requirements set forth in the definition of such term. 

“Cash Management Obligations”: all US Cash Management Obligations and Canadian Cash Management Obligations. 

“Cash Management Services”: any treasury, depositary, disbursement, lockbox, funds transfer, pooling, netting, overdraft,
stored value card, purchase card (including so-called “procurement cards” or “P-cards”), debit card, credit card, e-payable, cash management and similar services, foreign exchange facilities, and any automated clearing house transfer of funds. 

“CFC”: a “controlled foreign corporation” within the meaning of Section 957 of the Code. 

“Change in Law”: (a) the adoption of any law, rule, regulation or treaty after the date of this Agreement or, if later, the
date on which the applicable Lender or the applicable Issuing Bank becomes a Lender or an Issuing Bank hereunder, (b) any change in any law, rule, regulation or treaty or in the interpretation or application thereof by any Governmental
Authority 

  
 17 

 
after the date of this Agreement or, if later, the date on which the applicable Lender or the applicable Issuing Bank becomes a Lender or an Issuing Bank hereunder or (c) compliance by any
Lender or any Issuing Bank (or, for purposes of Section 2.14(b), by any lending office of such Lender or by such Lender’s or such Issuing Bank’s holding company, if any) with any request, guideline or directive of
general application of any Governmental Authority made or issued after the date of this Agreement or, if later, the date on which the applicable Lender or the applicable Issuing Bank becomes a Lender or an Issuing Bank hereunder; provided,
that, notwithstanding anything herein to the contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives promulgated thereunder or issued in connection therewith and
(ii) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities,
in each case pursuant to Basel III, in each case shall be deemed to be a “Change in Law”, regardless of the date enacted, adopted, promulgated or issued. 

“Change of Control”: shall be deemed to occur if: 

(a) at any time prior to a Qualified IPO, the Permitted Investors shall fail to own beneficially (within the meaning of Rule 13d-5 of the Exchange Act as in effect on the Closing Date), directly or indirectly, in the aggregate Capital Stock representing at least a majority of the aggregate ordinary voting power represented by the issued
and outstanding Capital Stock of Holdings; 
 (b) at any time after a Qualified IPO, any person or “group” (within the
meaning of Rules 13d-3 and 13d-5 under the Exchange Act as in effect on the Closing Date), but excluding (w) any underwriters in connection with such Qualified IPO,
(x) any employee benefit plan of Holdings (or any direct or indirect parent thereof), the Parent Borrower or any of its Subsidiaries and any Person acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan,
(y) any combination of Permitted Investors and (z) any one or more direct or indirect parent companies of Holdings in which any combination of the Permitted Investors, directly or indirectly, owns the largest percentage of such parent
company’s voting Capital Stock, shall have, directly or indirectly, acquired beneficial ownership of Capital Stock representing 35% or more of the aggregate voting power represented by the issued and outstanding Capital Stock of the Relevant
Public Company and the Permitted Investors shall own, directly or indirectly, less than such person or “group” of the aggregate voting power represented by the issued and outstanding Capital Stock of the Relevant Public Company;

 (c) a “change of control” (or similar event) shall occur in any document pertaining to Material Debt in an aggregate principal amount exceeding $100 million; or

 (d) Holdings shall cease to own, directly or indirectly, 100% of the Capital Stock of the Parent Borrower. 

“Class”: (a) when used with respect to Lenders, refers to whether such Lenders are US Revolving Credit Lenders, Canadian
Revolving Credit Lenders, Incremental Lenders (of the same tranche) or Extending Lenders (of the same tranche), (b) when used with respect to Revolving Credit Commitments, refers to whether such Revolving Credit Commitments are US

  
 18 

 
Revolving Credit Commitments, Canadian Revolving Credit Commitments, Incremental Revolving Commitments (of the same tranche) or Extended Revolving Credit Commitments (of the same tranche) and
(c) when used with respect to Loans or Borrowings, refers to whether such Loan or the Loans comprising such Borrowing, are US Revolving Credit Loans, Canadian Revolving Credit Loans, or loans in respect of the same Class of Revolving
Credit Commitments; provided, that notwithstanding anything to the contrary contained in this Agreement or in any Loan Document, the 2020 Incremental Revolving Commitments and the 2020-B Incremental
Revolving Commitments shall each be effected as Incremental Revolving Commitments and shall be of the same Class as the initial Revolving Credit Commitments established on the Closing Date. 

“Closing Date”: the date on which the conditions precedent set forth in Section 4.1 shall have been
satisfied or waived in accordance with Section 9.2. For the avoidance of doubt, the Closing Date is October 1, 2018. 

“Closing Date Factoring Facility”: the accounts receivable facility evidenced by the Account Purchase Agreement, dated as of
October 27, 2016, as amended by the Consent and First Amendment to Account Purchase Agreement dated as of October 1, 2018, among inter alios US Target, as “US Parent”, the Subsidiaries of US Target party thereto,
Alexandria Moulding, as “Canadian Parent”, the Subsidiaries of Alexandria Moulding party thereto, Wells Fargo Bank, National Association, as “US Purchaser”, Wells Fargo Capital Finance Corporation Canada, as “Canadian
Purchaser” and Wells Fargo Bank, National Association, as “Administrative Purchaser”; provided, that Customer (as defined thereunder) in respect of the Closing Date Factoring Facility shall be limited to and the Closing Date Factoring
Facility shall solely be with respect to The Home Depot USA, Inc., The Home Depot, Inc. and Home Depot of Canada (including, in each case, any other tradestyle or trade name of the foregoing, any Affiliate of the foregoing or any successor or assign
of the foregoing). 
 “Closing Date Factoring Facility Intercreditor Agreement”: the Lien Release on Purchased Accounts and
Intercreditor Letter dated as of October 1, 2018, by and among Wells Fargo Bank, National Association, as “Administrative Purchaser”, the Agent and the ABL Agent. 

“Closing Date Refinancing”: (i) the repayment and termination of all Indebtedness under the Existing Credit Agreements (other
than Existing Letters of Credit) and the release and discharge of all security interests and guarantees in respect thereof and (ii) the repayment and termination of the Existing Target Credit Agreement (other than letters of credit which have
been backstopped, cash collateralized or “grandfathered” into the ABL Credit Agreement) and the release and discharge of all security interests and guarantees in respect thereof. 

“Code”: the Internal Revenue Code of 1986. 

“Collateral”: all Property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is created or purported to
be created by any Security Document; provided, in no event shall the Collateral (including any component defined term used therein) include any Excluded Asset. 

  
 19 

 “Collateral Access Agreement”: a collateral access agreement substantially
in the form of Exhibit D (or such other form as may be reasonably satisfactory to the Agent and the Borrower Representative) with such amendments or modifications as may be reasonably satisfactory to the Agent and the Borrower Representative.
It is acknowledged and agreed that the collateral access agreements previously delivered to the Agent prior to the Closing Date in connection with the Existing ABL Credit Agreement are reasonably satisfactory to the Agent and the Borrower
Representative and shall satisfy the requirements of this definition with respect to the premises covered thereby and, in each case, shall constitute a “Collateral Access Agreement” for purposes of this Agreement and the other Loan
Documents. 
 “Collateral and Guarantee Requirement” at any time, subject to (x) the applicable limitations set forth
in this Agreement (including Section 9.22) and/or any other Loan Documents, (y) the time periods (and extensions thereof) set forth in Section 5.9 and Section 5.14
and (z) the terms of the ABL Intercreditor Agreement and any other applicable Intercreditor Agreement contemplated hereby, the requirement that: 

(a) the Agent shall have received each Security Document required to be delivered (i) on the Closing Date, pursuant to
Section 4.1 (subject to the proviso at the end of such Section 4.1) and (ii) at such time as may be designated therein, pursuant to the Security Documents or Section 5.9 or 5.11,
subject, in each case, to the limitations and exceptions of this Agreement, duly executed by each Loan Party party thereto; 
 (b) all
Obligations shall have been unconditionally guaranteed by the Guarantors (other than the Canadian Loan Parties) and all Canadian Obligations shall have been unconditionally guaranteed by the Canadian Loan Parties (other than with respect to a
Canadian Borrower’s own Canadian Obligations) (either on the Closing Date or by complying with Section 5.9); 

(c) (i) subject to the ABL Intercreditor Agreement, all Obligations shall have been secured by a first-priority security interest
(subject to Liens permitted by Section 6.3) in (A) all of the Capital Stock of the Parent Borrower and of each US Borrower, (B) all of the Capital Stock of each Domestic Subsidiary (other than, solely with respect
to the US Obligations, a Domestic Subsidiary described in the following clause (C)) that is directly owned by a US Borrower or by any US Subsidiary Guarantor, (C) solely with respect to the US Obligations, 65% of the issued and outstanding
voting Capital Stock and 100% of the non-voting Capital Stock of each Domestic Foreign Holdco that is directly owned by a US Borrower or by any US Subsidiary Guarantor and (D) solely with respect to the
US Obligations, 65% of the issued and outstanding voting Capital Stock and 100% of the non-voting Capital Stock of each CFC that is directly owned by a US Borrower or by any US Subsidiary Guarantor, in each
case other than any Excluded Pledged Subsidiary; and (ii) solely with respect to the Canadian Loan Parties, all Canadian Obligations shall have been secured by a first-priority security interest (subject to Liens permitted by
Section 6.3) in all of the Capital Stock of any Canadian Subsidiary other than any Excluded Pledged Subsidiary; 

(d) except to the extent otherwise provided hereunder, including subject to any applicable Intercreditor Agreement and Liens permitted by
Section 6.3, or under any Security Document, all Obligations shall have been secured by a perfected first-priority security interest 

  
 20 

 
(to the extent such security interest may be perfected by delivering certificated securities, filing financing statements under the Uniform Commercial Code, or making any necessary filings with
the United States Patent and Trademark Office, United States Copyright Office or Canadian Intellectual Property Office or to the extent required in the US Guarantee and Collateral Agreement) in the US Collateral (including Accounts (other than any
Receivables Assets), intercompany Indebtedness, Inventory, equipment, investment property, contract rights, applications for the registration or issuance of any Intellectual Property, other general intangibles, and proceeds of the foregoing), in
each case, (i) with the priority required by the US Security Documents and (ii) subject to exceptions and limitations otherwise set forth in this Agreement (for the avoidance of doubt, including the limitations and exceptions set forth in
Section 4.1) and the US Security Documents; and 
 (e) except to the extent otherwise provided hereunder,
including subject to any applicable Intercreditor Agreement and Liens permitted by Section 6.3, or under any Security Document, all Canadian Obligations shall have been secured by a perfected first-priority security interest (to the
extent such security interest may be perfected by delivering certificated securities, filing financing statements under the PPSA, as required, or making any necessary filings with the Canadian Intellectual Property Office, the United States Patent
and Trademark Office or United States Copyright Office or to the extent required in the Canadian Guarantee and Collateral Agreement) in the Canadian Collateral (including Accounts (other than any Receivables Assets), intercompany Indebtedness,
Inventory, equipment, investment property, contract rights, applications for the registration or issuance of any Intellectual Property, other general intangibles, and proceeds of the foregoing), in each case, (i) with the priority required by
the Canadian Security Documents and (ii) subject to exceptions and limitations otherwise set forth in this Agreement (for the avoidance of doubt, including the limitations and exceptions set forth in Section 4.1) and
the Canadian Security Documents; 
 provided, however, that (i) the foregoing definition shall not require, and the Loan Documents shall
not contain any requirements as to, the creation or perfection of pledges of, security interests in, mortgages on, or the obtaining of title insurance, surveys, abstracts or appraisals or taking other actions with respect to any Excluded Assets (or
take any other actions which are expressly not required pursuant to the definition thereof) and (ii) the Liens required to be granted from time to time pursuant to the Collateral and Guarantee Requirement shall be subject to exceptions and
limitations set forth in this Agreement and the Security Documents, including that, no Canadian Loan Party shall have any obligation to perfect Liens in any Canadian or United States jurisdiction where tangible property is located other than in its
jurisdiction of organization or formation, in the jurisdiction in which it maintains its chief executive office or in which it maintains tangible property in excess of $2.5 million in value (except to the extent such tangible property is
included in the Canadian Borrowing Base). 
 The Agent may grant extensions of time for the perfection of security interests in particular
assets and the delivery of assets (including extensions beyond the Closing Date for the perfection of security interests in the assets of the Loan Parties on such date) or any other compliance with the requirements of this definition where it
reasonably determines, in consultation with the Borrower Representative, that perfection or compliance cannot be accomplished without undue effort or expense by the time or times at which it would otherwise be required by this Agreement, the
Security Documents or the other Loan Documents. 

  
 21 

 Notwithstanding anything contained in this Agreement to the contrary, no mortgage, trust,
trust deed, deed to secure debt or hypothec shall be executed and delivered with respect to any real property. 
 No actions in any non-U.S. or non-Canadian jurisdiction or required by Requirements of Law of any non-U.S. or
non-Canadian jurisdiction shall be required in order to create any security interests in assets located or titled outside of the US or Canada or to perfect such security interests (it being understood that
there shall be no security agreements or pledge agreements governed by Requirements of Law of any non-U.S. or non-Canadian jurisdiction or foreign (other than Canadian)
intellectual property filing, search or schedule). 
 Except as set forth in Section 2.21, the foregoing
definition shall not require control agreements and perfection by “control” with respect to any Collateral other than, to the extent required by the Agent, as otherwise expressly set forth in this Agreement or the other Loan
Documents, certificated Capital Stock of the Parent Borrower and, to the extent constituting Collateral, its Restricted Subsidiaries, in each case to the extent possession of such certificates is a manner of perfecting a security interest therein;
provided that the Loan Documents shall not contain any requirements as to the certification of the Capital Stock of any of the Borrowers or the Restricted Subsidiaries that are not “securities” under the UCC or the PPSA or
(ii) require nor shall the Agent be permitted to enter into any source code escrow arrangement or register any Intellectual Property. 

“Collection Banks”: as defined in Section 2.21(a). 

“Commingled Inventory”: Inventory of any Loan Party that is commingled (whether pursuant to a consignment (other than
Eligible Home Depot Consigned Inventory and Eligible Other Consigned Inventory), a toll manufacturing agreement or otherwise) with Inventory of another Person (other than another Loan Party) at a location owned, leased or rented by a Loan Party, but
only to the extent that such Inventory of such Loan Party is not readily identifiable as separate from such Inventory of such other Person. 

“Commitment Fee”: fees payable on the undrawn portion of the Revolving Credit Commitments pursuant to
Section 2.10(a). 
 “Commitment Fee Rate”: on any date, with respect to the initial Revolving
Credit Commitments, the applicable rate per annum set forth below based upon the Historical Average Utilization as of the last day of the Fiscal Quarter most recently ended for which a Quarterly Pricing Certificate has been delivered; provided that
until delivery of the Quarterly Pricing Certificate delivered with respect to the Fiscal Quarter ending March 31, 2019, “Commitment Fee Rate” shall be the applicable rate per annum set forth below in Level II: 

 

									
	 Level
	  	Historical Average Utilization	 	 	Commitment Fee Rate	 
	 I
	  	 	3 50	% 	 	 	0.25	% 
	 II
	  	 	< 50	% 	 	 	0.375	% 

  
 22 

 The Commitment Fee Rate shall be adjusted quarterly on a prospective basis. 

“Commodity Exchange Act”: the Commodity Exchange Act (7 USC. § 1, et seq.), as amended from time to time, and any
successor statute. 
 “Commonly Controlled Entity”: an entity, whether or not incorporated, that is under common control
with Holdings or the Parent Borrower within the meaning of Section 4001 of ERISA or is part of a group that includes Holdings or any other Borrower and that is treated as a single employer under Section 414(b) or (c) of the Code or,
solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under subsection (b), (c), (m) or (o) of Section 414 of the Code. 

“Communications”: as defined in Section 9.1. 

“Company Intellectual Property”: as defined in Section 3.8(i). 

“Compliance Certificate”: a certificate duly executed by a Responsible Officer of the Parent Borrower, substantially in the
form of Exhibit B. 
 “Compliance Period”: any period (a) commencing on the date on which Specified
Availability is less than the greater of (i) 10.0% of the Line Cap (without giving effect to any increase thereof during an Agent Advance Period) at such time and (ii) $7.5 million and (b) ending on the first date thereafter on which
Specified Availability has been equal to or greater than the greater of (i) 10.0% of the Line Cap (without giving effect to any increase thereof during an Agent Advance Period) at such time and (ii) $7.5 million for a period of twenty
(20) consecutive calendar days. 
 “Confidential Information Memorandum”: the confidential information memorandum
prepared by the Parent Borrower and the Joint Lead Arrangers dated as of September 2018. 
 “Connection Income Taxes”:
Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 

“Consolidated EBITDA”: for any period, Consolidated Net Income for such period, plus: 

(a) without duplication and, except with respect to clauses (vi)(B), (ix) and (x) below, to the extent deducted (and not added back or
excluded) in arriving at such Consolidated Net Income, the sum of the following amounts for such period with respect to the Parent Borrower and its Restricted Subsidiaries: 

(i) total interest expense determined in accordance with GAAP (including, to the extent deducted and not added back in computing Consolidated
Net Income, (A) amortization of OID resulting from the issuance of Indebtedness at less than par, (B) all commissions, discounts and other fees and charges owed with respect to letters of credit or bankers acceptances, (C) non-cash interest payments, (D) the interest component of Capital Lease Obligations, (E) net 

  
 23 

 
payments, if any, pursuant to interest Swap Contracts with respect to Indebtedness, (F) amortization of deferred financing fees, debt issuance costs, commissions and fees, (G) the
interest component of any pension or other post-employment benefit expense and (H) commissions, discounts, yield and other fees (including related interest expenses) related to any Receivables Facility or any Factoring Facility) and, to the
extent not reflected in such total interest expense, any losses on Swap Contracts or other derivative instruments entered into for the purpose of hedging interest rate risk, net of gains on such Swap Contracts or other derivative instrument, and
costs of surety bonds in connection with financing activities (whether amortized or immediately expensed); 
 (ii) without duplication,
provision for Taxes based on income, profits or capital gains of the Parent Borrower and the Restricted Subsidiaries, including, without limitation, federal, state, provincial, foreign, local, franchise and similar Taxes and foreign withholding
Taxes paid or accrued during such period including penalties and interest related to such taxes or arising from any tax examinations, and any Tax distributions made pursuant to this Agreement (including Section 6.6(d)); 

(iii) depreciation and amortization (including amortization or write-off of (A) intangible assets
and non-cash organization costs, (B) deferred financing fees, debt issuance costs, commissions, fees and expenses, bridge, commitment and other financing fees, discounts, yield and other fees and charges
(including interest expense related to any Receivables Facility or any Factoring Facility), (C) unrecognized prior service costs and actuarial gains and losses related to pensions and other post-employment benefits, (D) capitalized software
expenditures or costs, capitalized customer acquisition costs and incentive payments and capitalized conversion costs and contract acquisition costs and (E) favorable or unfavorable lease assets or liabilities); 

(iv) non-cash charges, expenses, write-downs or losses, including, without limitation, any non-cash expense relating to the vesting of warrants, impairment charges or the impact of purchase accounting or recapitalization accounting (provided that if any such
non-cash charges, expenses, write-downs or losses represent an accrual or reserve for potential cash items in any future period, (i) the Parent Borrower may determine not to add back such non-cash item in the current period and (ii) to the extent the Parent Borrower determines to add back such non-cash item in the current period, the cash payment in
respect thereof in such future period shall be subtracted from Consolidated EBITDA to such extent, and excluding amortization of a prepaid cash item that was paid in a prior period); 

(v) retention, recruiting, relocation, stay and signing bonuses (including payments made to employees or others subject to non-compete agreements) and expenses, stock option and other equity-based compensation expenses, the amount of payments made to option holders in connection with, or as a result of, any distributions being made to
shareholders, severance costs, transaction fees and expenses and management fees and expenses, any one time expense relating to enhanced accounting function or other transaction costs, including those associated with becoming a standalone entity or
a public company; 
 (vi) (A) integration costs, transition costs, consolidation, opening and closing costs for offices and facilities,
curtailments or modifications to pension and post-retirement employee benefits (including pension buyout costs), costs in connection with future lease commitments, 

  
 24 

 
costs incurred in connection with any non-recurring strategic initiatives, costs incurred in connection with acquisitions and non-recurring Intellectual Property development after the Closing Date, other business optimization expenses (including costs and expenses relating to business optimization programs and new systems design and
implementation costs), project start-up costs and other restructuring charges, carve-out related items, accruals or reserves (including restructuring costs related to
acquisitions after the Closing Date, retention charges, systems establishment costs and excess pension charges) and (B) the amount of “run rate” cost savings, operating expense reductions, other operating improvements and
synergies projected by the Parent Borrower in good faith to be realized as a result of specified actions taken, committed to be taken or expected to be taken in connection with the Transactions, any Pro Forma Transaction or the implementation of an
operational initiative or operational change before or after the Closing Date (calculated on a Pro Forma Basis as though such cost savings, operating expense reductions, other operating improvements and synergies had been realized on the first (1st) day of such period and as if such cost savings, operating expense reductions, other operating improvements and synergies were realized during the entirety of such period), net of the amount of
actual benefits realized during such period from such actions; provided that (x) the Responsible Officer of the Parent Borrower executing the Compliance Certificate required to be delivered pursuant to Section 5.2(a)
certifies in such Compliance Certificate, solely in his/her capacity as a Responsible Officer, that such cost savings, operating expense reductions, other operating improvements and synergies are factually supportable and reasonably anticipated to
be realizable in the good faith judgment of the Parent Borrower, within (I) in the case of any such cost savings, operating expense reductions, other operating improvements and synergies in connection with the Transactions, 1824 months after the Closing Date and (II) in all other cases, 1824 months after the consummation of the Pro Forma Transaction or the
implementation of an initiative or operational change (including commencement of activities constituting a business or the termination or discontinuance of activities constituting such business), which is expected to result in such cost savings,
expense reductions, other operating improvements or synergies; and (y) no cost savings, operating expense reductions and synergies
shall be added pursuant to this clause (vi) to the extent duplicative of any expenses or charges otherwise added to Consolidated EBITDA, whether through a pro forma adjustment or otherwise, for such period; and (z) such cost savings, operating expense reductions, other operating improvements and
synergies, together with any increase pursuant to Section 1.5(c), shall not exceed 25%
of Consolidated EBITDA for any Test Period
(determined after giving effect to all such amounts that would be added back pursuant to this clause (vi)(B) as if there were no such 25% limitation); provided, that the amount of any such items that would be permitted to be
included in financial statements prepared in accordance with Regulation S-X shall not be subject to such 25% limitation;. 

(vii) the pro forma adjustments identified in writing and agreed to by the Agent (including those adjustments set forth in the
Confidential Information Memorandum); 
 (viii) other accruals, payments, fees and expenses (including rationalization, legal, tax,
structuring and other costs and expenses), or any amortization thereof, related to the Transactions (including all Transaction Costs), acquisitions, Investments, Restricted Payments, Dispositions, issuances or registrations (actual or proposed) of
Indebtedness or Capital Stock or repayment of debt or the Closing Date Factoring Facility, Qualified IPO, Refinancing or recapitalization transactions or amendment or other modification of any debt instrument, in each case, including any such
transaction consummated on the Closing Date and any such transaction attempted but not completed (including, for the avoidance of doubt, the effects of expensing all transaction related expenses in accordance with Accounting Standards Codification
Topic No. 805, Business Combinations); 

  
 25 

 (ix) to the extent received and not already included in Consolidated Net Income, proceeds of
business interruption insurance; 
 (x) cash receipts (or any netting arrangements resulting in reduced cash expenditures) not representing
Consolidated EBITDA or Consolidated Net Income in any period to the extent non-cash gains relating to such income were deducted in the calculation of Consolidated EBITDA pursuant to paragraph (b) below
for any previous period and not added back; 
 (xi) any non-cash increase in expenses
(A) resulting from the revaluation of inventory (including any impact of changes to inventory valuation policy methods including changes in capitalization or variances) or other inventory adjustments or (B) due to purchase accounting or
recapitalization accounting adjustments; 
 (xii) the amount of any expense or reduction of Consolidated Net Income consisting of Restricted
Subsidiary income attributable to minority interests or non-controlling interests of third parties in any Restricted Subsidiary that is not a Wholly-Owned Subsidiary; 

(xiii) the amount of (A) management, consulting, monitoring and advisory fees (including termination and exit fees) and related expenses
and indemnities paid to the Permitted Investors in accordance with a Sponsor Management Agreement, (B) payments by the Parent Borrower or any of its Restricted Subsidiaries to any of the Permitted Investors made for any financial advisory,
financing, underwriting or placement services or in respect of other investment banking activities, including, without limitation, in connection with acquisitions or divestitures which payments are approved by a majority of the board of directors or
a majority of the disinterested members of the board of directors of the Parent Borrower in good faith and (B) indemnification payments, fees and expenses paid to directors of the Parent Borrower or its direct or indirect parent entities, in
each case to the extent permitted to be paid pursuant to Section 6.6; 
 (xiv) any Equity Funded Employee Plan
Costs; 
 (xv) any net loss from disposed, abandoned or discontinued operations or product lines; 

(xvi) fees and expenses payable in cash to the First Lien Notes Collateral Agent or any Holder of the First Lien Notes under the First Lien
Indenture (or any Permitted Refinancing thereof); 
 (xvii) costs related to implementation of operational and reporting systems and
technology initiatives (including, without limitation, and rollout of the warehouse management system); 
 (xviii) the non-cash portion of straight line rent expense; 

  
 26 

 (xix) earn-out obligations with respect to the
Transactions, any Permitted Acquisitions or other investment and paid or accrued during the applicable period to the extent such earn-out obligations are deducted from the calculation of such Consolidated Net
Income; and 
 (xx) losses or discounts on sales of receivables and related assets in connection with the
Closing Date Factoring Facility or any Receivables
Facility.;
and 

(xxi)
 adjustments evidenced or contained in (i) the quality of earnings
report and sponsor model delivered by the Sponsor to the Agent prior to December 20, 2020 with changes thereafter reasonably agreed by the Agent prior to the Fifth Amendment Effective Date and (ii) any quality of earnings report from time to time prepared with respect to the target of an acquisition or Investment by a “big four” or other nationally recognized
accounting firm, consulting or advisor firm or other accounting, consulting or advisory firm reasonably acceptable to the Agent. 

minus (b) without duplication and to the extent included in arriving at such Consolidated Net Income,
(i) non-cash gains (excluding any non-cash gain to the extent it represents the reversal of an accrual or reserve for a potential cash item that reduced
Consolidated EBITDA in any prior period), (ii) any net gain from disposed, abandoned or discontinued operations or product lines, (iii) the amount of any minority interest income consisting of Restricted Subsidiary losses attributable to
minority interests or non-controlling interests of third parties in any Restricted Subsidiary that is not a Wholly-Owned Subsidiary and (iv) realized cash gains associated with any non-cash inventory revaluation reserves taken in a prior period; 
 minus (c) without duplication of
any amount reducing Consolidated Net Income, realized cash losses associated with any non-cash inventory revaluation reserves taken in a prior period. 

Notwithstanding the foregoing, the Consolidated EBITDA of the Parent Borrower and its Restricted Subsidiaries for (A) the Fiscal Quarter
ending on or about September 30, 2017, shall be deemed to be equal to $23,501,658.00, (B) the Fiscal Quarter ending on or about December 31, 2017, shall be deemed to be equal to $19,999,410.00, (C) the Fiscal Quarter ending on or about
March 31, 2018, shall be deemed to be equal to $16,490,479.00 and (D) the Fiscal Quarter ending on or about June 30, 2018, shall be deemed to be equal to $30,452,703.00, (B), as applicable, in each case as may be subject to addbacks
and adjustments (without duplication) pursuant to clauses (vi)(B) and (viii) of this definition and Section 1.5(c) for the applicable Relevant Reference Period (including the cost savings described above
that may become applicable due to actions taken after the Closing Date). For the avoidance of doubt, Consolidated EBITDA shall be calculated, including pro forma adjustments, in accordance with Section 1.5. 

“Consolidated Fixed Charge Coverage Ratio”: for any period, the ratio of (A)(i) Consolidated EBITDA, minus
(ii) the aggregate amount of all Capital Expenditures made by the Parent Borrower and its Restricted Subsidiaries during such period (other than Capital Expenditures to the extent financed with the proceeds of any Disposition (other than the
sale of inventory in the ordinary course of business)), or the proceeds of any incurrence of Indebtedness 

  
 27 

 
(other than the incurrence of any Loans), but including Capital Expenditures to the extent financed with proceeds of Loans), minus (iii) the aggregate amount of all cash
payments) made by the Parent Borrower and its Restricted Subsidiaries in respect of income taxes or income tax liabilities (net of cash income tax refunds) during such period (including any distributions made to Holdings or the direct or indirect
parent of Holdings pursuant to Section 6.6(d); to (B) Consolidated Fixed Charges for such period. 
 “Consolidated
Fixed Charges”: with respect to any Person for any period, the sum of (i) Consolidated Interest Expense plus (ii) scheduled payments of principal on long-term Indebtedness for borrowed money (including principal payments in
respect of Capital Lease Obligations to the extent allocated to principal, but excluding payments in respect of any intercompany debt and any payments in respect of purchase price adjustments and earnouts) plus (iii) solely for the purpose of
calculating the Consolidated Fixed Charge Coverage Ratio for making Restricted Payments in reliance on the Payment Conditions, any such Restricted Payments made in cash. 

“Consolidated Interest Expense”: with respect to any Person for any period, total cash interest expense for such period (net
of any cash interest income for such period) with respect to all outstanding Indebtedness, calculated on a consolidated basis in accordance with GAAP, to the extent such expense was deducted in computing Consolidated Net Income plus consolidated
capitalized interest for such period, whether paid or accrued, plus net payments (positive or negative) under interest rate Swap Contracts (other than in connection with the early termination thereof), but in any event to exclude to the extent not
added back to Consolidated EBITDA as interest expense (A) fees and expenses associated with the Transactions and the agency fee described in the Fee Letter, (B) costs associated with obtaining or breakage costs in respect of Swap
Contracts, (C) fees and expenses associated with any asset sales, acquisitions, Investments, equity issuances or debt issuances (in each case, whether or not consummated) and (D) amortization of deferred financing costs. 

“Consolidated Net Income”: for any period, the net income (loss) of the Parent Borrower and its Restricted Subsidiaries for
such period determined on a consolidated basis in accordance with GAAP; provided, however, that, without duplication, 
 (a)
any after-tax effect of extraordinary, non-recurring or unusual items (including gains, losses or charges and all fees and expenses relating thereto) for such period
shall be excluded; 
 (b) the cumulative effect of a change in accounting principles and changes as a result of the adoption or modification
of accounting policies during such period whether effected through a cumulative effect adjustment or a retroactive application to the extent included in Consolidated Net Income shall be excluded; 

(c) accruals and reserves that are established or adjusted within 18 months after the Closing Date in the case of the Transactions that are so
required to be established or adjusted as a result of the Transactions in accordance with GAAP or changes as a result of adoption or modification of accounting policies in accordance with GAAP shall be excluded; 

  
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 (d) any net after-tax effect of gains or losses
(less all fees, expenses and charges relating thereto) attributable to asset dispositions or abandonments or the sale or other disposition of any Capital Stock of any Person, in each case other than in the ordinary course of business, as determined
in good faith by the Parent Borrower, shall be excluded; 
 (e) the net income (loss) for such period of any Person that is not a Subsidiary
of the Parent Borrower, or is an Unrestricted Subsidiary, or that is accounted for by the equity method of accounting, shall be excluded; provided that (i) Consolidated Net Income of the Parent Borrower shall be increased by the amount
of dividends or distributions or other payments that are actually paid in cash and Cash Equivalents (or to the extent subsequently converted into cash and Cash Equivalents) to the Parent Borrower or a Restricted Subsidiary thereof in respect of such
period and (ii) the net income (loss) of any Unrestricted Subsidiary that has been designated as a Restricted Subsidiary in such period shall be included to the extent required for any calculation of Consolidated EBITDA on a Pro Forma Basis in
accordance with Section 1.5; 
 (f) any impairment charge or asset or asset value
write-off or write-down, including impairment charges or asset or asset value write-offs or write-downs related to intangible assets, goodwill, long-lived assets, investments in debt and equity securities or
as a result of a change in law or regulation, in each case, pursuant to GAAP or SEC guidelines, and the amortization of intangibles arising pursuant to GAAP or SEC guidelines shall be excluded; 

(g) any (i) equity or phantom equity based non-cash compensation charge or expense, including any
such charge or expense arising from the grants of stock appreciation or similar rights, stock options, restricted stock or other rights or equity incentive programs or any other equity-based compensation, (ii) cash charges associated with the
rollover, acceleration or payout of Capital Stock by managers, officers, directors, consultants or employees of the Parent Borrower, any Restricted Subsidiary or any of the Parent Borrower’s direct or indirect parents and (iii) income
(loss) attributable to deferred compensation plans or trusts, shall be excluded; 
 (h) any expenses, charges or losses that are covered by
indemnification or other reimbursement provisions in connection with the Acquisition, the acquisition of US Lumber, Midwest Lumber, Noll, any Investment, Permitted Acquisition or any sale, conveyance, transfer or other disposition of assets
permitted under this Agreement, to the extent actually reimbursed, or, so long as the Parent Borrower has made a determination that a reasonable basis exists for indemnification or reimbursement and only to the extent that such amount is in fact
indemnified or reimbursed within 365 days of such determination (with a deduction in the applicable future period for any amount so added back to the extent not so indemnified or reimbursed within such 365-day
period), shall be excluded; 
 (i) to the extent covered by insurance and actually reimbursed, or, so long as the Parent Borrower has made a
determination that there exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is in fact reimbursed within 365 days of the date of such determination (with a deduction in the
applicable future period for any amount so added back to the extent not so reimbursed within such 365 days), expenses, charges or losses with respect to liability or casualty events or business interruption shall be excluded; 

  
 29 

 (j) any deferred tax expense associated with tax deductions or net operating losses arising
as a result of the Transactions, or the release of any valuation allowance related to such item, shall be excluded; 
 (k) any non-cash compensation expense resulting from the application of Accounting Standards Codification Topic No. 718, Compensation—Stock Compensation or Accounting Standards Codification Topic No. 505-50, Equity-Based Payments to Non-Employees, shall be excluded; 

(l) non-cash gains, losses, income and expenses resulting from the valuation of any Indebtedness or
other liabilities of the Parent Borrower or any of its Restricted Subsidiaries at fair value required by the applicable standard under GAAP and related interpretations shall be excluded; 

(m) any adjustments resulting from the application of Accounting Standards Codification Topic No. 460, Guarantees, or any comparable
regulation shall be excluded; 
 (n) the income (or loss) of any Person accrued prior to the date it becomes a Restricted Subsidiary of the
Parent Borrower or is merged into or consolidated with the Parent Borrower or any of its Subsidiaries or such Person’s assets are acquired by the Parent Borrower or any of its Restricted Subsidiaries shall be excluded (except to the extent
required for any calculation of Consolidated EBITDA on a Pro Forma Basis in accordance with Section 1.5); 

(o) (x) currency translation gains and losses related to currency remeasurements of Indebtedness (including the net loss or gain
(i) resulting from Swap Contracts for currency exchange risk and (ii) resulting from intercompany indebtedness) and (y) all other foreign currency translation gains or losses to the extent such gains or losses are non-cash items, shall in each case be excluded; 
 (p) any adjustments resulting from the application of
Accounting Standards Codification Topic No. 815, Derivatives and Hedging and International Accounting Standard No. 39 and their respective related pronouncements and interpretations shall be excluded; and 

(q) any income (loss) for such period attributable to the early extinguishment of (i) Indebtedness, (ii) obligations under any Swap
Contract or (iii) other derivative instruments shall in each case be excluded. 
 There shall be excluded from Consolidated Net Income
for any period the purchase accounting or recapitalization accounting effects of adjustments in component amounts required or permitted by GAAP (including in the inventory, property and equipment, software, goodwill, intangible assets, in-process research and development, deferred revenue, credit balances and debt line items thereof) and related authoritative pronouncements (including the effects of such adjustments pushed down to the Parent
Borrower and the Restricted Subsidiaries), as a result of the Transactions, any acquisition constituting an Investment permitted under this Agreement consummated after the Closing Date or any acquisition or other Investment consummated prior to the
Closing Date, or the amortization or write-off of any amounts thereof. For the avoidance of doubt, Consolidated Net Income shall be calculated, including pro forma adjustments, in accordance with
Section 1.5. 

  
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 “Consolidated Total Debt”: as of any date of determination, the aggregate
principal amount of Indebtedness of the Parent Borrower and its Restricted Subsidiaries outstanding on such date, in an amount that would be reflected on a balance sheet prepared as of such date on a consolidated basis in accordance with GAAP (but
excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting or recapitalization accounting in connection with the Transactions, or any acquisition constituting an Investment permitted under this
Agreement) consisting of Indebtedness for borrowed money, unreimbursed obligations in respect of drawn letters of credit (subject to clause (b) below), purchase money Indebtedness and Attributable Indebtedness; provided, that
Consolidated Total Debt shall not include Indebtedness in respect of (a) any amounts under any permitted Receivables Facility or any Factoring Facility, (b) any letter of credit, except to the extent of obligations in respect of drawn
letters of credit unreimbursed for at least three (3) Business Days, (c) obligations in respect of Cash Management Services and (d) obligations under Swap Contracts unless such obligations have not been paid when due. 

“Contractual Obligation”: with respect to any Person, (a) the Organizational Documents of such Person and (b) 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”: 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. 

“Control Investment Affiliate”: with respect to any Person, any other Person that (i) directly or indirectly, is in
Control of, is Controlled by, or is under common Control with, such Person and (ii) is organized primarily for the purpose of making equity or debt investments in one or more companies. 

“Controlled Account”: each deposit account maintained by a Loan Party at a Collection Bank and subject to a Cash Management
Control Agreement. 
 “Covered Entity”: means any of the following: 

(i) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C. F.R. § 252.82(b); 

(ii) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C. F.R. § 47.3(b); or 

(iii) a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C. F.R. § 382.2(b). 

  
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 “Credit Extension”: each of the following: (a) a Borrowing and
(b) an LC Credit Extension. 
 “Credit Party”: the Agent, any Issuing Bank or any other Lender (including the
Swingline Lender). 
 “Cure Amount”: as defined in Section 7.2(a). 

“Cure Expiration Date”: as defined in Section 7.2(a). 

“Debtor Relief Laws”: the Bankruptcy Code, the Bankruptcy and Insolvency Act (Canada), the Companies’ Creditors
Arrangement Act (Canada), the Winding-up and Restructuring Act (Canada) and other liquidation, conservatorship, bankruptcy, general assignment for the benefit of creditors, moratorium, rearrangement,
receivership, insolvency, reorganization, compromise, arrangement or similar debtor relief laws of the United States, Canada or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally, and including
the statutory arrangement provisions of any corporations statute having similar effect. 
 “Default”: any of the events
specified in Section VII, whether or not any requirement for the giving of notice, the lapse of time, or both, has been satisfied. 

“Default Rate”: the rate described in Section 2.12(b). 

“Defaulting Lender”: subject to Section 2.19(b), any Lender whose act or failure to act, whether
directly or indirectly, causes it to meet any part of the definition of Lender Default. 
 “Default Right”: has the meaning
assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable. 

“Designated Non-Cash Consideration”: the fair market value (as determined in good
faith by the Parent Borrower) of non-cash consideration received by a Group Member in connection with a Disposition pursuant to Section 6.5(j) that is designated as
“Designated Non-Cash Consideration” pursuant to a certificate of a Responsible Officer of the Parent Borrower, setting forth the basis of such valuation, minus the amount of cash and Cash
Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration. 

“Discretionary Guarantor”: as defined in Section 10.2. 

“Disposition”: with respect to any Property, any sale, lease, sale and leaseback, assignment, conveyance, transfer or other
disposition thereof (excluding Liens); and the terms “Dispose” and “Disposed of” shall have correlative meanings. 

“Disqualified Capital Stock”: any Capital Stock that, by its terms (or by the terms of any security or other Capital Stock
into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than (i) solely for Qualified Capital Stock and cash in lieu of fractional
shares or (ii) solely at the discretion of the issuer), pursuant to a sinking fund obligation or otherwise (except as a result of 

  
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a change of control, asset sale or similar event so long as any rights of the holders thereof upon the occurrence of a change of control, asset sale or similar event shall be subject to the prior
repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Revolving Credit Commitments and the termination of all outstanding Letters of Credit (unless the LC Exposure related thereto has been
Cash Collateralized, back-stopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed reissued under another agreement reasonably acceptable to the applicable Issuing Bank)), (b) is redeemable at the option of the
holder thereof (other than (i) solely for Qualified Capital Stock and cash in lieu of fractional shares or (ii) as a result of a change of control, asset sale or similar event so long as any rights of the holders thereof upon the
occurrence of a change of control, asset sale or similar event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Revolving Credit Commitments and the
termination of all outstanding Letters of Credit (unless the outstanding amount of the LC Exposure related thereto has been Cash Collateralized, back-stopped by a letter of credit reasonably satisfactory to the applicable Issuing Bank or deemed
reissued under another agreement reasonably acceptable to the applicable Issuing Bank)), in whole or in part, (c) provides for the scheduled payments of dividends in cash or (d) is or becomes convertible into or exchangeable for
Indebtedness or any other Capital Stock that would constitute Disqualified Capital Stock, in each case, prior to the date that is 91 days after the Latest Maturity Date at the time of issuance of such Capital Stock; provided that if such
Capital Stock is issued pursuant to a plan for the benefit of employees of Holdings (or any direct or indirect parent thereof), the Parent Borrower or the Restricted Subsidiaries or by any such plan to such employees, such Capital Stock shall not
constitute Disqualified Capital Stock solely because such Capital Stock may be required to be repurchased by the Parent Borrower or its Restricted Subsidiaries in order to satisfy applicable statutory or regulatory obligations or as a result of such
employee’s termination, death or disability. 
 “Disqualified Lender”: (a) those banks, financial institutions, lenders and other Persons previously specified and other institutional lenders (or related funds of such institutional lenders) in each case that have been
identified in writing by the Borrower Representative and agreed to by the Agent prior to the date hereof, (b)or the Sponsor to Bank of America on or prior to December 20, 2020 (or after December 20, 2020 and prior to the Fifth
Amendment Effective Date, as reasonably acceptable to the Required Lenders), (b) those persons who are competitors of the Parent Borrower and its Subsidiaries asor Affiliates of
competitors or any of their respective subsidiaries that have been identified by the Borrower Representative or
the Sponsor by written notice to the Agent from time to
time, (c) in the cases
ofany Affiliate of the Persons referenced in
clause (a) or (b), Affiliates thereof (other than any bona fide debt funds) that are either (i) identified as specified in such clause
(a) or (b) or (ii) clearly identifiable on the basis of such Affiliates’ names and (d) Excluded Affiliates; it being understood and agreed that the identification of any
Person as a Disqualified Lender after the Closing Date above that is (i) identified in
writing by the Borrower Representative or the Sponsor from
time to time or (ii) reasonably identifiable on the basis of such
Affiliate’s name or (d)(i) any of the Affiliates of Bank of America or Truist Bank that are engaged as
principals primarily in private equity, mezzanine financing or venture capital or (ii) any of the Affiliates of Bank of America or Truist Bank that are engaged or potentially engaged directly or indirectly in a sale of Specialty Building
Products, LLC and its subsidiaries as sell-side representatives; provided that any additional designation permitted by clauses (a) through (c) above shall not apply to retroactively
disqualify 

  
 33 

 
any Person that has previously acquired an assignment or participation interest in any Loan or Revolving Credit Commitment so long as such Person was not a Disqualified Lender at the time of such
assignment or participation. The list of Disqualified Lenders shall be posted to the Platform, it being understood that the Borrower Representative may update such
list from time to time with respect to
maintained by the Agent and shall be shared on a confidential basis with Lenders specifically
requesting the list from the Agent in connection with a
proposed assignment or participation, but the list of
Disqualified Lenders to the extent provided for above, and the Agent shall post such updated schedule to the Platform promptly following its receipt
thereof, with such updates effective one (1) Business Day after delivery to the Agent (or, if posted to the Platform sooner, upon posting to the
Platform).shall not be posted to Lenders
generally. 
 “Distressed Person”: as defined in the definition
of Lender-Related Distress Event. 
 “Domestic Foreign Holdco”: each Domestic Subsidiary that has no material assets other
than Capital Stock in and/or Indebtedness of one or more Foreign Subsidiaries that are CFCs, cash, Cash Equivalents and intercompany accounts. 

“Domestic Subsidiary”: a Restricted Subsidiary that is organized under the laws of the United States or any state thereof or
the District of Columbia. 
 “Dominion Period”: any period (a) commencing on the date on which (i) a Specified
ABL Default has occurred and is continuing or (ii) Specified Availability is less than the greater of (x) 10.0% of the Line Cap (without giving effect to any increase thereof during an Agent Advance Period) as then in effect and (y)
$7.5 million, for a period of five (5) consecutive Business Days and (b) ending on the first (1st) date thereafter on which (i) no Specified ABL Default is continuing and (ii) Specified Availability has been equal to or
greater than the greater of (x) 10.0% of the Line Cap (without giving effect to any increase thereof during an Agent Advance Period) as then in effect and (y) $7.5 million, for a period of twenty (20) consecutive calendar days;
provided, that a Dominion Period shall only begin upon the written request of the Agent delivered to the Borrower Representative, which request may be made in its discretion or at the discretion of the Required Lenders. 

“EEA Financial Institution”: (a) any credit institution or investment firm established in any EEA Member Country which is
subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any financial institution
established in an EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. 

“EEA Member Country”: any of the member states of the European Union, Iceland, Liechtenstein and Norway. 

“EEA Resolution Authority”: any public administrative authority or any Person entrusted with public administrative authority
of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

  
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 “EU Bail-In Legislation Schedule”:
the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. 

“Electronically”: as defined in Section 9.1. 

“Eligible Accounts”: all of the Accounts owned by any Loan Party, except any Accounts as to which any of the exclusionary
criteria set forth below applies; provided that the face amount of an Account (and Eligible Account) shall be reduced by, without duplication, to the extent not reflected in such face amount, the amount of all discounts, claims, credits or
credits pending, promotional program allowances, rebates, price adjustments, finance and service charges or other allowances (including any amount that any Loan Party may be obligated to rebate to a customer pursuant to the terms of any agreement or
understanding). Eligible Accounts shall not include any Account of a Loan Party that: 
 (a) does not arise from the sale of goods or the
performance of services by a Loan Party in the ordinary course of its business; 
 (b) (i) upon which any Loan Party’s right to
receive payment is not absolute (other than as a result of rights to return inventory in the ordinary course of business of such Loan Party) or is contingent upon the fulfillment of any condition whatsoever, (ii) as to which any Loan Party is
not able to bring suit or otherwise enforce its remedies against the Account Debtor through judicial process or (iii) represents a progress billing consisting of an invoice for goods sold or used or services rendered pursuant to a contract
under which the Account Debtor’s obligation to pay that invoice is subject to any Loan Party’s completion of further performance under such contract; 

(c) to the extent any Account Debtor has or has asserted a right of setoff, or has asserted a defense, counterclaim or dispute as to such
Account; 
 (d) is not a true and correct statement of bona fide indebtedness incurred in the amount of the Account for merchandise sold to
or services rendered and accepted by the applicable Account Debtor; 
 (e) with respect to which an invoice has not been sent to the
applicable Account Debtor; 
 (f) is the obligation of an Account Debtor that is a government or governmental agency in Canada (but only
with respect to such Accounts described in this clause (f) in an aggregate amount at any time in excess of $2.0 million) unless, in each case, the applicable Loan Party has complied (and delivered to the Agent evidence of such compliance) with
respect to such obligation with the Financial Administration Act (Canada) and any similar applicable provincial, territorial or municipal law restricting the assignment thereof or the granting of a Lien thereon with respect to such obligation; 

(g) is the obligation of an Account Debtor that is a United States government or governmental agency but only with respect to such Accounts
described in this clause (g) in an aggregate amount at any time in excess of $2.0 million, unless, in each case, the applicable Loan Party has complied (and delivered to the Agent evidence of such compliance) with respect to

  
 35 

 
such obligation with the Federal Assignment of Claims Act of 1940 and any similar applicable state, county or municipal law restricting the assignment thereof or the granting of a Lien thereon
with respect to such obligation; 
 (h) is the obligation of an Account Debtor (including any government or governmental agency) located in
a jurisdiction other than the United States or Canada or any state, province or territory thereof unless payment thereof is (i) assured by an irrevocable letter of credit payable in US Dollars issued by a financial institution reasonably
acceptable to the Agent and such irrevocable letter of credit is delivered to the Agent (including any delivery of an electronic letter of credit) or (ii) insured by a credit insurer reasonably acceptable to the Agent; 

(i) to the extent any Loan Party is liable for goods sold or services rendered by the applicable Account Debtor to the applicable Loan Party,
but only to the extent of the potential offset; 
 (j) arises with respect to goods that are delivered on a
bill-and-hold, cash-on delivery basis or placed on consignment (other than Eligible Home Depot Consigned Inventory and Eligible
Other Consigned Inventory), guaranteed sale or other terms by reason of which the payment by the Account Debtor is or may be conditional, other than rights to return inventory in the ordinary course of business; 

(k) is not paid within the earlier of sixty (60) days following its due date or ninety (90) days following its original invoice date
or which has been written off the books of such Loan Party or otherwise designated as uncollectible by such Loan Party (provided, that Specified Accounts in an amount not to exceed 5% of the then applicable Borrowing Base may be included in
Eligible Accounts); 
 (l) is an Account in respect of which the Account Debtor obligated upon such Account suspends business, makes a
general assignment for the benefit of creditors or fails to pay its debts generally as they come due; 
 (m) a Bankruptcy Event occurs with
respect to the Account Debtor obligated upon such account; provided that so long as post-petition financing is being provided to such Account Debtor, post-petition accounts of such Account Debtor may be deemed Eligible Accounts by and to the
extent approved by the Agent, in its Permitted Discretion, on a case-by-case basis; 

(n) is an Account as to which the Agent’s Lien thereon, on behalf of itself and the Secured Parties, is not a first priority perfected
lien subject only to First Priority Priming Liens; 
 (o) is an Account with respect to which the representations or warranties pertaining
to such Accounts set forth in any Loan Document are untrue in any material respect; 
 (p) is payable in any currency other than US Dollars
or Canadian Dollars; 
 (q) is not owned by a Loan Party free and clear of all Liens other than Permitted Liens; 

  
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 (r) is the obligation of an Account Debtor if 50% or more of the dollar amount of all
Accounts owing by that Account Debtor are ineligible under the criteria listed in clause (k) of this definition; 
 (s) is evidenced by
a judgment, instrument or chattel paper; 
 (t) is an Account to the extent that such Account, together with all other Accounts owing by
such Account Debtor as of any date of determination exceed 25% of all Eligible Accounts of the Loan Parties (or such higher percentage as the Agent may establish for such Account Debtor from time to time) but only to the extent of the obligations
owing by such Account Debtor in excess of such percentage; provided, however, that the amount of Eligible Accounts that are excluded because they exceed the foregoing percentage shall be determined based on all of the otherwise
Eligible Accounts prior to giving effect to any eliminations based upon the foregoing concentration limit; 
 (u) is an Account as to which
any check, draft or other items of payment has previously been received which has been returned unpaid or otherwise dishonored; 
 (v)
consists of finance charges as compared to obligations to such Loan Party for goods sold; 
 (w) is an Account with respect to which the
Account Debtor is subject to any US sanctions administered by OFAC or any similar applicable law, including a person named on the list of “Specially Designated Nationals and Blocked Persons” maintained by OFAC or which is a
designated person named on any similar applicable list, or is subject to any Canadian sanctions administered by the Government of Canada; 

(x) is an Account arising out of a sale made or services rendered by any Loan Party to an Affiliate of any Loan Party or to a Person
controlled by an Affiliate of any Loan Party (including any employees, officers, directors or stockholders of such); provided that Accounts of other portfolio companies (other than a Loan Party) of the Permitted Investors shall not be
excluded by this clause (x); 
 (y) is an Account that was not paid in full, and a Loan Party created a new receivable for the unpaid
portion of the Account; 
 (z) is an Account representing any manufacturer’s or supplier’s credits, rebates, discounts, incentive
plans or similar arrangements entitling a Loan Party to discounts on future purchase therefrom (but ineligibility shall be limited to the amount thereof); or 

(aa) has been sold, conveyed, assigned or otherwise transferred or pledged in connection with a Receivables Facility or a Factoring Facility
(and, for the avoidance of doubt, excluding Accounts subject to or to be sold in connection with any Receivables Facility or Factoring Facility prior to the execution of such sale). 

“Eligible Assignee”: (i) any Lender, any Affiliate or branch of a Lender and any Approved Fund and (ii) any commercial
bank, insurance company, investment or mutual fund or other entity that is an “accredited investor” (as defined in Regulation D under the Securities Act) 

  
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and which extends revolving credit or buys revolving loans in the ordinary course; provided, that “Eligible Assignee” shall not include (v) any Disqualified Lender,
(w) any Lender that is, as of the date of the applicable assignment, a Defaulting Lender, (x) any natural person, (y) any Person that the Borrower Representative has previously declined to provide its consent to an assignment to under
Section 9.4 or (z) the Sponsor (but only while it or any of its Affiliates holds any Capital Stock of Holdings), Holdings, any other Borrower, any Affiliate of any of the foregoing or any of their respective Subsidiaries. 

“Eligible Cash”: Unrestricted Cash subject to a first-priority Lien (other than (i) First Priority Priming Liens arising
by operation of law) in favor of the Agent owned by any Loan Party that is held in a deposit account that is maintained with the Agent (including its Canada branch) which the Agent has received a Cash Management Control Agreement but shall in no
event include cash in any Exempt Account (other than cash maintained in an Exempt Account of the type described in clause (vi) of the definition of Exempt Account if such Exempt Account is subject to a control agreement). 

“Eligible Customs Broker”: a customs broker which has its principal assets, place of organization and place of principal
business in the United States or Canada which is reasonably acceptable to the Agent and with which the Agent has entered into an Imported Goods Agreement, or which is otherwise reasonably acceptable to the Agent in its Permitted Discretion. 

“Eligible Home Depot Consigned Inventory”: any consigned inventory that would constitute Eligible Inventory except for its
failure to satisfy clauses (f) and (r) of the definition of Eligible Inventory that has been consigned to The Home Depot USA, Inc. (or any Canadian Affiliate thereof). 

“Eligible In-Transit Inventory”: on any date, any Inventory of a Loan Party that is
in-transit from a location outside the United States or Canada to a location inside the United States or Canada that meets all of the criteria for Eligible Inventory on such date (other than that it is in-transit or is not within the United States
or Canada); provided that (i) such Inventory has been identified to the contract between the vendor and a Loan Party and, under the terms of sale of such Inventory, title and risk of loss have passed with respect to such Inventory from
the vendor to a Loan Party on or before such date; (ii) such Inventory is insured in accordance with the provisions of this Agreement; (iii) such Inventory has been paid for by a Loan Party or the purchase price is supported by a
commercial letter of credit or the Agent has otherwise satisfied itself that a final sale of such Inventory to a Loan Party has occurred; and (iv) an Acceptable Document of Title has been issued in accordance with clause (a) of the
definition thereof and delivered to a Loan Party, the Agent, an Eligible NVOCC or an Eligible Customs Broker. 
 “Eligible
Inventory”: all of the Inventory owned by any Loan Party, except any Inventory as to which any of the exclusionary criteria set forth below applies. Eligible Inventory shall not include any Inventory of a Loan Party that: 

(a) consists of work-in-process (provided, work-in-process inventory in an amount not to exceed 7.5% of the then applicable Borrowing Base may be included in Eligible Inventory); 

  
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 (b) is obsolete, unsalable, shopworn, damaged or unfit for sale; 

(c) is not of a type held for sale by the applicable Loan Party in the ordinary course of business or consistent with past practice as is
being conducted by each such Loan Party, other than with respect to Inventory constituting raw materials; 
 (d) is not subject to a first
priority Lien in favor of the Agent on behalf of the Secured Parties, subject only to First Priority Priming Liens; 
 (e) is not owned by a
Loan Party free and clear of all Liens other than Permitted Liens; 
 (f) is placed on consignment unless Eligible Reserves have been
established with respect thereto; provided, however, that this clause (f) shall not exclude any (i) Eligible Home Depot Consigned Inventory or (ii) Eligible Other Consigned Inventory in an amount not to exceed 3% of the
then applicable Borrowing Base; 
 (g) is covered by a negotiable document of title, unless, at the Agent’s request, such document has
been delivered to the Agent or an agent thereof and the amount of any shipping fees, costs and expenses are reflected in Reserves; 
 (h)
consists of goods that are slow moving (to the extent not included in determining Net Orderly Liquidation Value) or constitute spare parts (not intended for sale), packaging and shipping materials, promotional products (not intended for sale), or
supplies used or consumed in a Loan Party business (provided, slow moving inventory in an amount not to exceed 1% of the then applicable Borrowing Base may be included in Eligible Inventory); 

(i) is manufactured, assembled or otherwise produced in violation of the Fair Labor Standards Act and subject to the “hot
goods” provisions contained in Title 25 USC. 215(a)(i); 
 (j) is not covered by property or casualty insurance required by the
terms of this Agreement (except to the extent of any deductible thereunder); 
 (k) consists of goods which have been returned or rejected
by the buyer and are not in salable condition; 
 (l) is Inventory with respect to which the representations or warranties pertaining to
such Inventory set forth in any Loan Document are untrue in any material respect; 
 (m) does not conform in all material respects to all
standards imposed by any governmental agency, division or department thereof which has regulatory authority over such goods or the use or sale thereof; 

(n) is Commingled Inventory; 

(o) is located in a jurisdiction (i) other than in the United States or Canada unless such Inventory is owned by a Loan Party and
supported by an irrevocable letter of credit payable in US Dollars issued by a financial institution reasonably acceptable to the Agent and such irrevocable letter of credit is delivered to the Agent (including any delivery of an electronic letter
of credit) or (ii) containing Inventory with an aggregate value of less than $200,000; 

  
 39 

 (p) is subject to a license agreement or other arrangement with a third party which, in the
Agent’s Permitted Discretion, restricts the ability of the Agent to exercise its rights under the Loan Documents with respect to such Inventory unless such third party has entered into an agreement in form and substance reasonably satisfactory
to the Agent permitting the Agent to exercise its rights with respect to such Inventory or the Agent has otherwise agreed to allow such Inventory to be eligible in its Permitted Discretion; 

(q) consists of Hazardous Materials or goods that can be transported or sold only with licenses that are not readily available; 

(r) (i) is not located on premises owned, leased or rented by a Loan Party unless such Inventory is stored with a bailee or warehouseman
and either (x) a reasonably satisfactory and acknowledged bailee or warehouseman letter has been received by the Agent or (y) Eligible Reserves reasonably satisfactory to the Agent have been established with respect thereto or (ii) is
located on leased or rented premises unless either (x) a Collateral Access Agreement has been delivered to the Agent or (y) Rent Reserves have been established with respect thereto, provided that this clause (ii) shall not
apply unless Rent Reserves are permitted to be imposed upon Inventory at the relevant location pursuant to the terms of the definition of such term; provided that in the event any Inventory that would be ineligible under this clause
(r) because subclause (x) of any of clauses (i) or (ii) is not satisfied, the Agent may not unreasonably refuse to impose the Reserves referred to in subclause (y) of such clause to cause such ineligibility; provided,
further, that this clause (r) shall not exclude any (A) Eligible Home Depot Consigned Inventory, (B) Eligible Other Consigned Inventory in an amount not to exceed 3% of the then applicable Borrowing Base, (C) Eligible In-Transit Inventory in an amount not to exceed 1% of the then applicable Borrowing Base or (D) Inventory in-transit between United States or Canadian domestic locations
of Loan Parties; 
 (s) subject to the applicable Acquired Asset Borrowing Base, is acquired in a Permitted Acquisition unless and until the
Agent has completed or received an appraisal of such Inventory and established Reserves (if applicable) therefor in its Permitted Discretion; or 

is Inventory for which any contract relating to such Inventory expressly includes retention of title in favor of the vendor or supplier
thereof or a conditional sale; provided that such Inventory shall not be excluded from Eligible Inventory solely pursuant to this clause (t) to the extent that either (i) such retention of title or conditional sale is not effective
under applicable law to give such vendor or supplier ownership of such Inventory or a Lien, in each case prior in right to the Lien of the Agent therein or (ii) (A) the Agent shall have received evidence reasonably satisfactory to it that the
full purchase price of such Inventory has, or will have, been paid prior to or upon the delivery of such Inventory to the relevant Loan Party or (B) Eligible Reserves reasonably satisfactory to the Agent have been established with respect
thereto (which Reserves the Agent may not unreasonably refuse to establish if subclauses (i) and (ii)(A) do not apply). 

  
 40 

 “Eligible NVOCC”: an NVOCC which has its principal assets, place of
organization and place of principal business in the United States or Canada and with which Agent has entered into an Imported Goods Agreement or which is otherwise reasonably acceptable to Agent. 

“Eligible Other Consigned Inventory”: at any time of determination, any inventory (other than Eligible Home Depot Consigned
Inventory) that would constitute Eligible Inventory except for its failure to satisfy clauses (f) and (r) of the definition of Eligible Inventory; provided that (A) such inventory is delivered on consignment to a Person that has an
obligation to pay the applicable Loan Party the purchase price therefor upon the sale thereof and (B) such Person is subject to a consignee financing statement and has provided a customary collateral access agreement to the Agent. 

“Eligible Reserves”: Reserves against the Canadian Borrowing Base or the US Borrowing Base established or modified in the
Permitted Discretion of the Agent subject to the following: (a) the amount of any Eligible Reserves shall have a reasonable relationship to the event, condition or other matter that is the basis for the establishment of such Reserve or such
modification thereto, (b) except as otherwise expressly provided in the definition of Eligible Account or Eligible Inventory, no Reserves shall be established or modified to the extent they are duplicative of Reserves or modifications already
accounted for through eligibility or other criteria (including collection/advance rates), (c) any rent reserves will be subject to the limitations set forth in the definition of “Rent Reserve”, (d) no Reserves will be imposed
relating to surety bonds, except to the extent (i) Canadian Borrowing Base or US Borrowing Base assets are subject to perfected Liens securing reimbursement obligations in respect of surety bonds which Liens are pari passu with or have
priority over the Liens in favor of the Agent for the benefit of the Secured Parties, (ii) sureties have made demands for cash collateral which have not been satisfied or (iii) any surety takes any remedial action with respect to any
Canadian Borrowing Base or US Borrowing Base assets, whether pursuant to such surety’s Liens or otherwise, or delivers notice to any Loan Party that such surety intends to take such action, (e) no Reserves may be taken and no changes to
the eligibility standards shall be made after the Closing Date based on circumstances, conditions, events or contingencies known to the Agent as of the Closing Date and, in the case of Reserves, for which no Reserves were imposed on the Closing
Date, and for which Accounts or Inventory, were not deemed ineligible on the Closing Date, unless such circumstances, conditions, events or contingencies shall have changed in any material adverse respect since the Closing Date, (f) no Reserve
may be taken after the Closing Date based on circumstances known to the Agent as of the Closing Date for which no Reserve was imposed on the Closing Date, and no Reserve taken on the Closing Date may be increased, unless, in each case, such
circumstances, conditions, events or contingencies shall have change in any material adverse respect since the Closing Date and (e) no Reserves will be imposed relating to obligations under any Specified Swap Contract or Cash Management
Obligations, in each case, without the written consent of the Borrower Representative. 
 Subject to the limitations above, the Agent shall
have the right, upon at least five (5) Business Days’ prior written notice to the Borrower Representative (which notice shall include a reasonably detailed description of such Reserve being established, modified or eliminated), to
establish, modify or eliminate Reserves against the Canadian Borrowing Base or the US Borrowing Base, but without duplication, from time to time in its Permitted Discretion, except that any such Reserves shall not be duplicative of adjustments of
amounts included in the 

  
 41 

 
Canadian Borrowing Base or US Borrowing Base. During such notice period, the Agent shall, if requested, discuss any such Reserve or change with the Borrower Representative and the Loan Parties
may take such action as may be required so that the event, condition or matter that is the basis for such Reserve or change no longer exists or exists in a manner that would result in the establishment of a lower Reserve or result in a lesser
change, in each case, in a manner and to the extent reasonably satisfactory to the Agent; provided that during such five (5) Business Day period, Borrowings that would cause the Revolving Credit Exposure to exceed the Line Cap shall not
be permitted. 
 “Environmental Laws”: any and all laws, rules, orders, regulations, statutes, ordinances, enforceable
guidelines, codes, decrees, or other legally enforceable requirements of any federal, state, provincial, territorial, local, municipal, foreign or other Governmental Authority, regulating, relating to or imposing liability associated with or
standards of conduct for the protection of the environment or of human health, or insofar as it relates to exposure to hazardous or toxic materials, employee health and safety. 

“Environmental Liability”: any liability, contingent or otherwise (including any liability for damages, costs of
environmental remediation or compliance with orders and directives, fines, penalties or indemnities), resulting from or based upon (a) compliance or non-compliance with any Environmental Law, (b) the
generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) human 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 Permits”: any and all permits, licenses, approvals, registrations, and other authorizations of a Governmental
Authority required under any Environmental Law. 
 “Equity Funded Employee Plan Costs”: cash costs or expenses, incurred
pursuant to any management equity plan or stock option plan or any other equity-based management or employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent funded with cash proceeds contributed to the
capital of the Parent Borrower or net cash proceeds of an issuance of Qualified Capital Stock of the Parent Borrower or Capital Stock of any direct or indirect parent of the Parent Borrower (other than amounts designated as Excluded Contributions
and any amount designated as a Cure Amount). 
 “ERISA”: the Employee Retirement Income Security Act of 1974. 

“EU Bail-In Legislation Schedule”: the EU
Bail-In Legislation Schedule published by the Loan Market Association (or any successor Person), as in effect from time to time. 

“Eurodollar”: when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such
Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate (which shall not include (x) ABR Loans or ABR Borrowings even if the interest rate then in effect is determined pursuant to clause (c) of the
definition of Alternate Base Rate or (y) Loans or Borrowings bearing interest based on the Canadian Base Rate even if the interest rate then in effect if determined pursuant to clause (c) of the definition of Canadian Base Rate). 

  
 42 

 “Event of Default”: any of the events specified in Section VII;
provided, that any requirement for the giving of notice, the lapse of time, or both, has been satisfied; provided, further, that a Financial Covenant Event of Default is subject to cure as set forth in Section 7.2.

 “Excess Availability”: as of any date of determination, the amount by which (a) the Line Cap (without giving effect
to any increase thereof during an Agent Advance Period) as of such date exceeds (b) the Total Revolving Credit Exposure as of such date. 

“Exchange Act”: the Securities Exchange Act of 1934. 

“Excluded Affiliate”: with respect to any Agent or Agent Indemnitee and their respective Affiliates and controlling Persons,
(i) any Affiliates and any of their employees that are engaged as principals primarily in private equity, mezzanine financing or venture capital, (ii) any Affiliates and any of their employees that are engaged directly or indirectly in a
sale of the Target and its subsidiaries as a sell-side representative and (iii) any Affiliates and any of their employees that are engaged directly or indirectly in the purchase of the Target as a
buy-side representative, in each case, other than (x) a limited number of senior employees who are required, in accordance with industry regulations or such Persons’ internal policies and procedures
to act in a supervisory capacity and (y) such Persons’ internal legal, compliance, risk management, credit or investment committee members. 

“Excluded Assets”: (i) any fee owned real property and any leasehold rights and interests in real property (including any
obligation to obtain landlord waivers, non-disturbance agreements, estoppels, bailee waivers, warehouseman waivers and collateral access letters); (ii) motor vehicles, airplanes and other assets subject to
certificates of title; (iii) commercial tort claims where the amount of damages claimed by the applicable Loan Party is less than $10,000,000; (iv) governmental licenses, state or local franchises, charters and authorizations and any other
property and assets to the extent that the Agent may not validly possess a security interest therein under applicable Requirements of Law (including, without limitation, rules and regulations of any Governmental Authority or agency) or the pledge
of, or creation of a security interest in any asset, which would require governmental, regulatory or third party consent, approval, license or authorization (including compliance with the Federal Assignment of Claims Act, the Financial
Administration Act (Canada) or similar statute which, for the avoidance of doubt, shall not be required hereunder or under any other Loan Document, except to the extent provided in the definition of Eligible Accounts), except to the extent such
prohibition or limitation is rendered ineffective under the UCC, the PPSA or other applicable Requirements of Law notwithstanding such prohibition; (v) any lease, license, permit or agreement or any property subject to such agreement or
arrangement to the extent that a grant of a security interest therein, (A) is prohibited or restricted by applicable Requirements of Law other than to the extent such prohibition or restriction is rendered ineffective under the UCC, the PPSA or
other applicable Requirements of Law notwithstanding such prohibition or restriction or (B) to the extent and for so long as it would violate or invalidate the terms of such lease, license, permit or agreement (in each case, after giving effect
to the relevant provisions of the UCC, the PPSA or other applicable Requirements of Law) or would give rise to a termination right of a third party 

  
 43 

 
(other than Holdings, the Parent Borrower, or any Restricted Subsidiary) thereunder or require consent, approval, license or authorization of a third party (other than Holdings, the Parent
Borrower or any Restricted Subsidiary) thereunder (except to the extent such provision is overridden by the UCC, the PPSA or other applicable Requirements of Law), in each case, (a) excluding any such agreement that relates to “Refinancing
Indebtedness” (as defined in the First Lien Indenture) or Permitted Ratio Debt and (b) only to the extent that such limitation on such pledge or security interest is not otherwise prohibited pursuant to
Section 6.12; (vi) (A) Margin Stock, (B) Capital Stock in, and property and assets of, any Person other than Wholly-Owned Subsidiaries that are Restricted Subsidiaries, unless such Person is a Discretionary
Guarantor and (C) Capital Stock in Excluded Pledged Subsidiaries and property and assets of Excluded Subsidiaries, unless such Person is a Discretionary Guarantor; (vii) any property subject to a Lien permitted by
Section 6.3(g), (u) or (aa) (to the extent relating to a Lien originally incurred pursuant to Section 6.3(g) or (u)); (viii) the creation or perfection of pledges of, or
security interests in, any property or assets that could reasonably be expected to result in adverse tax consequences or adverse regulatory consequences to Holdings, the Parent Borrower or any of its Subsidiaries, as reasonably determined by the
Parent Borrower; (ix) letter of credit rights, except to the extent constituting support obligations for other Collateral as to which perfection of the security interest in such other Collateral is accomplished solely by the filing of a UCC or
PPSA financing statement (it being understood that no actions shall be required to perfect a security interest in letter of credit rights, other than the filing of a UCC or PPSA financing statement); (x) segregated lockboxes and collection accounts
(and any cash and Cash Equivalents therein) maintained solely in connection with any Factoring Facility; (xi) any United States intent-to-use trademark application
prior to the filing of a “Statement of Use” or “Amendment to Allege Use” with respect thereto and acceptance thereof by any IP Office; (xii) particular assets if and for so long as, if reasonably agreed by the
Agent and the Borrower Representative, the cost of creating or perfecting such pledges or security interests in such assets or obtaining title insurance, surveys, abstracts or appraisals in respect of such assets exceed the practical benefits to be
obtained by the Lenders therefrom; (xiii) to the extent constituting an asset of a US Loan Party, (a) Capital Stock in excess of 65% of the issued and outstanding voting Capital Stock of each Domestic Foreign Holdco that is directly owned
by a US Borrower or a US Subsidiary Guarantor or cash, Cash Equivalents or intercompany accounts related thereto, (b) Capital Stock in excess of 65% of the issued and outstanding voting Capital Stock of each CFC that is directly owned by a US
Borrower or by any US Subsidiary Guarantor (other than a Domestic Foreign Holdco) and (c) any assets of any such Subsidiary referred to in clauses (xiii)(a) or (xiii)(b) (including Capital Stock or assets of any Subsidiary of such Subsidiary);
(xiv) Receivables Assets sold or otherwise pledged, factored, transferred or sold in connection with a Receivables Facility or Factoring Facility; provided that such receivables have been removed from the applicable Borrowing Base; and
(xv) any assets located or titled outside the United States or Canada or assets that require action under the law of any non-U.S. or non- Canadian jurisdiction to
create (or the local equivalent) or perfect (or the local equivalent) a security interest in such assets under such non-U.S. or non-Canadian jurisdiction, including any
Intellectual Property registered in any non-U.S. or non-Canadian jurisdiction (and no security agreements or pledge agreements governed under the laws of any non-U.S. or non-Canadian jurisdiction); (xvi) [reserved]; and (xvii) consumer goods (as defined in the PPSA); provided, however, that Excluded Assets shall
not include any Proceeds, substitutions or replacements of any Excluded Assets referred to in clauses (i) through (xv) (unless such Proceeds, substitutions or replacements would independently constitute

  
 44 

 
Excluded Assets referred to in clauses (i) through (xvii)); provided, further, that no assets (other than fee owned real property) of US Loan Parties shall constitute an
Excluded Asset unless such asset also constitutes an “Excluded Asset” under and as defined in the First Lien Indenture. 

“Excluded Contributions”: the aggregate net cash proceeds received by Holdings (and contributed to the Parent Borrower) after
the Closing Date from (a) capital contributions to its common Capital Stock (other than proceeds from capital contributions constituting a Cure Amount and any amount used in Equity Funded Employee Plan Costs) or (b) the sale (other than to
a Subsidiary) of Capital Stock of Holdings or any direct or indirect parent thereof (other than proceeds from the issuance of Disqualified Capital Stock or of any Cure Amount). 

“Excluded Participant”: any (i) Disqualified Lender, (ii) any natural person, (iii) any Defaulting Lender or
(iv) Holdings or any of its Affiliates (other than a bona fide debt fund). 
 “Excluded Pledged Subsidiary”: (a) any
Subsidiary for which the pledge of its Capital Stock is prohibited by Requirements of Law or by Contractual Obligations existing on the Closing Date (or, in the case of any Subsidiary acquired or formed after the Closing Date, Contractual
Obligations in existence at the time of acquisition or formation (including in any Indebtedness assumed in connection therewith) but not any Contractual Obligations entered into in contemplation of such acquisition or formation (including any
Indebtedness financing such acquisition or formation)) or for which governmental (including regulatory) consent, approval, license or authorization would be required unless such consent, approval, license or authorization has been obtained,
(b) any other Subsidiary with respect to which, in the reasonable judgment of the Borrower Representative, in consultation with the Agent, the burden or cost or other consequences (including any adverse tax consequences) of the pledge of its
Capital Stock exceeds the practical benefits to be obtained by the Lenders therefrom, (c) any not-for-profit Subsidiaries, (d) captive insurance companies,
(e) Unrestricted Subsidiaries and (f) Immaterial Subsidiaries; provided, that no Domestic Subsidiary shall constitute an Excluded Pledged Subsidiary unless such Domestic Subsidiary also constitutes an “Excluded
Subsidiary” under and as defined in the First Lien Indenture. 
 “Excluded Subsidiary”: (a) any Subsidiary that is
not a Wholly-Owned Subsidiary of a Borrower or a Guarantor; (b) any Subsidiary that is prohibited or restricted by Requirements of Law or by Contractual Obligations existing on the Closing Date, so long as any such Contractual Obligation was
not incurred in contemplation of avoiding the obligation to provide a guarantee of the Obligations, from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) or third party consent,
approval, license or authorization or could reasonably be expected to result in adverse tax consequences as reasonably determined by the Borrower Representative; (c) any other Subsidiary with respect to which, in the reasonable judgment of the
Borrower Representative and the Agent, the burden or cost of providing a guarantee exceeds the practical benefits to be obtained by the Lenders therefrom; (d) any
not-for-profit Subsidiaries; (e) any Unrestricted Subsidiaries; (f) any special purpose vehicle (or similar entity); (g) with respect to the US Obligations,
any direct or indirect Subsidiary that is a CFC and any Domestic Foreign Holdco; (h) with respect to the US Obligations, any Domestic Subsidiary that is a direct or indirect Subsidiary of a CFC or Domestic Foreign Holdco; (i) captive
insurance Subsidiaries; (j) Immaterial Subsidiaries; and (k) any Subsidiary acquired after the Closing Date pursuant to a Permitted Acquisition or other 

  
 45 

 
permitted Investment that is prohibited or restricted by Requirements of Law or by Contractual Obligations in existence at the time of acquisition (so long as such contractual prohibition is not
incurred in contemplation of such Permitted Acquisition or other permitted Investment) from guaranteeing the Obligations or if guaranteeing the Obligations would require governmental (including regulatory) or third party consent, approval, license
or authorization or could reasonably be expected to result in adverse tax consequences as reasonably determined by the Borrower Representative; provided, that no Domestic Subsidiary shall constitute an Excluded Subsidiary unless such Domestic
Subsidiary also constitutes an “Excluded Subsidiary” under and as defined in the First Lien Indenture. 
 “Excluded
Swap Obligation”: with respect to any Guarantor, any Swap Obligation if, and to the extent that, all or a portion of the guarantee of such Guarantor of, or the grant by such Guarantor of a security interest to secure, such Swap Obligation
(or any guarantee thereof) is or becomes illegal or unlawful under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interpretation of any thereof) by virtue of
such Guarantor’s failure for any reason not to constitute an “eligible contract participant” as defined in the Commodity Exchange Act and the regulations thereunder at the time the guarantee of such Guarantor or the grant of
such security interest would otherwise have become effective with respect to such Swap Obligation but for such Guarantor’s failure to constitute an “eligible contract participant” at such time. 

“Excluded Taxes”: any of the following Taxes imposed on or with respect to the Agent, any Lender, any Issuing Bank or any
other recipient of any payment to be made by or on account of any obligation of the Loan Parties hereunder, or required to be withheld or deducted from any payment to any such recipient (a) Taxes imposed on (or measured by) net income
(however denominated), franchise Taxes, and branch profits Taxes and Canadian federal or provincial Taxes imposed on (or measured by) capital or taxable capital, in each case, (i) imposed as a result of such recipient being organized
under the laws of, or having its principal office or, in the case of any Lender or Issuing Bank, its applicable lending office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other
Connection Taxes, (b) in the case of a Lender, US or Canadian federal withholding Taxes that are imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Revolving Credit Commitment
pursuant to a law in effect on the date on which (i) such Lender acquires such interest in the Loan or Revolving Credit Commitment (other than pursuant to an assignment request by the applicable Borrower under
Section 2.18) or (ii) such Lender changes its lending office, except in each case to the extent that, pursuant to Section 2.16, amounts with respect to such Taxes were payable either to such
Lender’s assignor immediately before such Lender acquired the applicable interest in a Loan or Revolving Credit Commitment or to such Lender immediately before it changed its lending office, (c) Taxes attributable to such recipient’s
failure to comply with Section 2.16(e), (d) any US withholding Taxes imposed under FATCA, except that Excluded Taxes shall not include any amount that such Lender (or its assignor, if any) was previously entitled to receive
pursuant to Section 2.16 of this Agreement, if any, with respect to such withholding tax at the time such Lender became a party to this Agreement (or designates a new lending office), (e) Canadian withholding Taxes imposed
by reason of such recipient not dealing at arm’s length with the relevant Loan Parties at the time of such payment, (f) Canadian withholding Taxes imposed on such recipient by reason of such recipient (i) being a “specified
shareholder” (as defined in subsection 18(5) of the ITA of the 

  
 46 

 
relevant Loan Parties), or (ii) not dealing at arm’s length with a “specified shareholder” (as defined in subsection 18(5) of the ITA) of the relevant Loan Parties and
(g) any withholding Tax payable under regulation 105 to the ITA in respect of services performed in Canada. 
 “Exempt
Accounts”: deposit accounts, securities accounts or other similar accounts (i) for the funding payroll obligations, employee benefit or health benefit obligations, worker’s compensation, tax obligations, customs obligations and
fiduciary obligations, escrow arrangements or holding funds owned by Persons other than the Loan Parties, (ii) that constitute or are linked to zero-balance accounts, (iii) that are accounts in
jurisdictions other than the United States or any state or territory thereof or Canada or any province or territory thereof, (iv) that are accounts held by any Non-Loan Party Subsidiary,
(v) segregated lockboxes and collection accounts (and any cash and Cash Equivalents therein) maintained solely in connection with any Factoring Facility and (vi) that are accounts other than those described in clauses (i) through (v)
and are accounts held by Loan Parties with respect to which the average daily balance of the funds maintained on deposit therein for the three (3) month period ending on the date of determination does not exceed, individually,
$3.5 million; provided that if on the last day of any Fiscal Quarter of the Parent Borrower the average daily balance of funds on deposit therein for the three (3) month period ending on the date of determination on deposit in all
deposit accounts or securities accounts that are Exempt Accounts pursuant to this clause (v) on such date exceeds $10 million, the Borrower Representative shall select which of such accounts shall cease to be Exempt Accounts and take all
steps necessary to comply with Sections 2.21 and 5.9 in respect thereof, in each case within thirty (30) days after the end of such Fiscal Quarter (subject, for the avoidance of doubt, to Section 5.9(d));
provided, that Exempt Accounts shall not include any deposit account whose primary purpose is for the deposit or remittance of collection of Eligible Accounts included in any Borrowing Base; provided, further, that, for the
avoidance of doubt, the immediately preceding proviso shall not apply to any deposit account whose primary purpose is for the deposit or remittance of collections of Accounts which constitute Excluded Assets. Notwithstanding the foregoing, as of the
Closing Date, the deposit account of US Lumber ending in -1861 shall be deemed to be an Exempt Account (it being understood that the Agent may elect to treat such account as a non-Exempt Account upon prior
written notice to the Parent Borrower, in which event the applicable Loan Party shall not be obligated to execute and deliver a Cash Management Control Agreement prior to 60 days following such election (or such longer period as the Agent may
reasonably agree)). 
 “Existing ABL Credit Agreement: as defined in the definition of Existing Credit Agreements. 

“Existing Credit Agreements”: collectively, that certain (i) Term Loan Credit Agreement, dated as of October 26,
2017, among inter alios, Holdings, the Parent Borrower and SunTrust Bank, as agent (as amended, restated, supplemented, or otherwise modified from time to time prior to the date hereof) and (ii) ABL Credit Agreement, dated as of
October 26, 2017, among inter alios, Holdings, the Parent Borrower and Bank of America, N.A., as agent (as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof) (the “Existing ABL
Credit Agreement”). 
 “Existing Letters of Credit”: any letter of credit previously issued for the account of
(i) Parent Borrower or any of its Subsidiaries under the Existing ABL Credit Agreement or 

  
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(ii) Target or any of its Subsidiaries pursuant to a credit facility that is required to be repaid on the Closing Date in accordance with the definition of Closing Date Refinancing, in each case,
that is (a) outstanding on the Closing Date and (b) listed on Schedule 1.1(a). 
 “Existing Target Credit
Agreement”: that certain Credit Agreement, dated as of April 8, 2016, by and among inter alios, the Seller, as Parent, the Canadian Target, as Canadian Parent, the US Target, as a “US Borrower”, and Wells Fargo Bank,
National Association, as “Administrative Agent” (as amended, restated, supplemented or otherwise modified from time to time prior to the date hereof). 

“Extended Revolving Credit Commitment”: as defined in Section 2.22(a)(i). 

“Extending Lender”: as defined in Section 2.22(a)(i). 

“Extension”: as defined in Section 2.22(a). 

“Extension Amendment”: as defined in Section 2.22(c). 

“Extension Offer”: as defined in Section 2.22(a). 

“Facility”: as defined in the definition of Revolving Credit Facility. 

“Factoring Facility”: (a) the Closing Date Factoring Facility and (b) any other agreement between the Parent Borrower
and/or a Restricted Subsidiary and a bank, financial institution or other third party, pursuant to which (i) the Parent Borrower or such Restricted Subsidiary, as applicable, agrees to sell accounts receivable, together with Receivables Assets
related thereto, at a maximum aggregate discount off the aggregate face value of such accounts receivable that is consistent with customary market terms as determined in good faith by the Parent Borrower and (ii) the obligations of the Parent
Borrower and/or the Restricted Subsidiaries party thereto thereunder are non-recourse (except for Receivables Repurchase Obligations) to the Parent Borrower and/or such Restricted Subsidiaries, it being agreed
and understood that (w) the Parent Borrower and any Domestic Subsidiaries party thereto may be jointly and severally liable for all Receivables Facility Undertakings and Receivables Repurchase Obligations of the Parent Borrower and/or any
Restricted Subsidiary party thereto, (x) each Canadian Subsidiary party thereto may be jointly and severally liable for all Receivables Facility Undertakings and Receivables Repurchase Obligations of any other Canadian Subsidiary party thereto,
(y) such accounts receivables and Receivables Assets thereto have been removed from the applicable Borrowing Base and (z) the Loan Parties shall not participate in more than five (5) such Factoring Facilities (including, for the
avoidance of doubt, the Closing Date Factoring Facility) and Receivables Facilities in the aggregate at any time (with each account debtor (or group of affiliated account debtors) counting as a distinct Factoring Facility or Receivables Facility for
purposes of such limitation). 
 “FATCA”: Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any
amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any intergovernmental agreements with respect thereto, any law,
regulation, or other official guidance enacted in a non-U.S. jurisdiction pursuant to an intergovernmental agreement with 

  
 48 

 
respect thereto, any agreements entered into pursuant to Section 1471(b)(1) of the Code and any law, regulation, or other published administrative guidance implementing an intergovernmental
agreement entered into in connection with the implementation of such sections of the Code. 
 “Federal Funds Rate”: 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, 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 Agent; provided, that in no event shall such rate be less than 0.00%. 
 “Fee
Letter”: the Amended and Restated Fee Letter, dated as of August 15, 2018 among Holdings, the Joint Lead Arrangers and Nomura Securities International, Inc. 

“Fifth
Amendment”: that certain Fifth Amendment to ABL Credit Agreement, dated as of the Fifth Amendment Effective Date, by and among Holdings, the Parent Borrower, the other Borrowers party thereto, the Guarantors party thereto, the Lenders and
Issuing Banks party thereto and the Agent. 
 “Fifth Amendment Effective Date”: has the meaning set forth in the Fifth Amendment. 
 “Financial Covenant”: the covenant set forth in
Section 6.1. 
 “Financial Covenant Event of Default”: the occurrence of an Event of Default
under Section 7.1(c)(ii)(F) solely as a result of a breach of the Financial Covenant under Section 6.1 (in each case, subject to Section 7.2). 

“First Lien Indenture”: that certain Indenture dated as of September 30, 2020 among Holdings and SBP Finance Corp., a
Delaware corporation, collectively, as the co-issuers, the guarantors party thereto and Ankura Trust Company, LLC, as trustee and as collateral agent, as such agreement may be amended, supplemented, waived or
otherwise modified from time to time to the extent permitted hereunder. 
 “First Lien Notes”: has the meaning assigned to
the term “Notes” under the First Lien Indenture. 
 “First Lien Notes Collateral Agent”: has the meaning assigned
to the term “Collateral Agent” under the First Lien Indenture. 
 “First Lien Notes Documents”: collectively,
(i) the First Lien Indenture and (ii) the security documents, intercreditor agreements (including the ABL Intercreditor Agreement), guarantees, joinders and other agreements or instruments executed in connection with the First Lien Notes
or such other agreements, in each case, as amended, modified, supplemented, substituted, replaced, restated or refinanced, in whole or in part, from time to time including in connection with a Permitted Refinancing of the First Lien Notes. 

  
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 “First Lien Notes Leverage Ratio”: as defined in Section 1.5(a). 

“First Lien Obligations”: the “First Lien Obligations” as defined in the ABL Intercreditor Agreement. 

“First Priority Priming Liens”: (i) any Permitted Liens applicable to such Collateral which as a matter of law have priority
over the respective Liens on such Collateral created in favor of the Agent for the benefit of the Secured Parties pursuant to the relevant Security Document and (ii) without limitation of clause (i), any Lien on Collateral located on premises
subject to a lease or held in a warehouse and in which the landlord or warehouseman thereunder has a first priority perfected security interest in such Collateral. 

“Fiscal Month”: any fiscal month of any Fiscal Year, in accordance with the fiscal accounting calendar of the Parent
Borrower. Parent Borrower’s fiscal calendar through Fiscal Year 2025 is attached hereto as Schedule 1.1(b). 
 “Fiscal
Quarter”: any fiscal quarter of any Fiscal Year, in accordance with the fiscal accounting calendar of the Parent Borrower. Parent Borrower’s fiscal calendar through Fiscal Year 2025 is attached hereto as Schedule 1.1(b). 

“Fiscal Year”: any period of fifty-two (52) or fifty-three (53) weeks, as
the case may be, in accordance with the fiscal accounting calendar of the Parent Borrower. Parent Borrower’s fiscal calendar through Fiscal Year 2025 is attached hereto as Schedule 1.1(b). 

“Foreign Currency”: an official national currency (including the Euro and the Canadian Dollar) of any nation other than the
United States and which constitutes freely-transferable and lawful money under the laws of the country or countries of issuance. 

“Foreign Lender”: any Lender or Issuing Bank that is not a US Person. 

“Foreign Subsidiary”: any Restricted Subsidiary that is not a Domestic Subsidiary. 

“Fourth Amendment”: that certain Fourth Amendment to ABL Credit Agreement, dated as of the Fourth Amendment Effective Date,
by and among Holdings, the Parent Borrower, the other US Borrowers party thereto, the Lenders party thereto and the Agent. 

“Fourth Amendment Effective Date”: has the meaning set forth in the Fourth Amendment. 

“Fronting Exposure”: at any time there is a Defaulting Lender, (a) with respect to the Issuing Banks, such Defaulting
Lender’s Pro Rata Share of the outstanding LC Obligations other than LC 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 Swingline Lender, such Defaulting Lender’s Pro Rata Share of Swingline Loans other than Swingline 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. 

  
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 “Funds Certain Provisions”: as defined in
Section 4.1. 
 “GAAP”: generally accepted accounting principles in the United States, as in
effect from time to time; provided, however, that, subject to Section 1.4, if the Borrower Representative notifies the Agent that the Borrower Representative requests an amendment to any provision hereof to eliminate the
effect of any change occurring after the Closing Date in GAAP or in the application thereof (including through conforming changes made consistent with IFRS) on the operation of such provision (or if the Agent notifies the Borrower Representative
that the Required Lenders request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof (including through conforming changes made
consistent with IFRS), then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in
accordance herewith. 
 “Governmental Authority”: any nation or government, any state, province, territory or other
political subdivision thereof and any other 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). 
 “Group
Member”: any of Holdings, the Parent Borrower, the Borrower Representative, any other Borrower, any Guarantor or any of the Restricted Subsidiaries of the Parent Borrower. 

“Guarantee Obligation”: with respect to any Person (the “guaranteeing person”), any obligation of the
guaranteeing person guaranteeing or having the economic effect of guaranteeing any Indebtedness (the “primary obligations”) of any other third Person (the “primary obligor”) in any manner, whether directly or
indirectly, including any obligation of the guaranteeing person, whether or not contingent, (i) to purchase any such primary obligation or any Property constituting direct or indirect security for such primary obligation, (ii) to advance
or supply funds (1) for the purchase or payment of any such primary obligation or (2) to maintain working capital or equity capital of the primary obligor or otherwise to maintain the net worth or solvency of the primary obligor, in each
case, so as to enable the primary obligor to pay such primary obligation, (iii) to purchase Property, securities or services primarily for the purpose of assuring the owner of any such primary obligation of the ability of the primary obligor to
make payment of such primary obligation or (iv) otherwise to assure or hold harmless the owner of any such primary obligation against loss in respect thereof; provided, however, that the term Guarantee Obligation shall not include
endorsements of instruments for deposit or collection in the ordinary course of business or customary indemnity obligations in effect on the Closing Date or entered into in connection with any acquisition or Disposition permitted under this
Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee Obligation of any guaranteeing person shall be deemed to be the lower of (a) an amount equal to the stated or determinable amount of the primary
obligation (or portion thereof) in respect of which such Guarantee Obligation is made and (b) the maximum amount for which such 

  
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guaranteeing person may be liable pursuant to the terms of the instrument embodying such Guarantee Obligation, unless such primary obligation and the maximum amount for which such guaranteeing
person may be liable are not stated or determinable, in which case the amount of such Guarantee Obligation shall be such guaranteeing person’s maximum reasonably anticipated liability in respect thereof as determined by the Borrower
Representative in good faith. 
 “Guarantors”: the collective reference to Holdings, the Parent Borrower, the other
Borrowers (other than with respect to such Borrower’s own Obligations) and the Subsidiary Guarantors. The Canadian Loan Parties shall not be Guarantors with respect to the US Obligations or any other Obligations of the US Loan Parties. The US
Loan Parties shall be Guarantors with respect to all Obligations (including the Canadian Obligations). 
 “Hazardous
Materials”: (i) petroleum or petroleum distillates, asbestos or asbestos containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and explosive or radioactive substances or (ii) any chemical, material,
waste, substance or pollutant that is prohibited, limited or regulated pursuant to any Environmental Law. 
 “Historical Average
Utilization”: for the purposes of the definition of Commitment Fee Rate, in the case of each Start Date, an amount equal to (x) the sum of each day’s utilization of the Total Revolving Credit Commitments, as determined by the
amount of the Total Revolving Credit Exposure at such time, during the most recently ended Fiscal Quarter for which a Quarterly Pricing Certificate has been delivered divided by (y) the number of days in such Fiscal Quarter, expressed as a
percentage of the Total Revolving Credit Commitments. 
 “Historical Excess Availability”: for the purposes of the
definition of Applicable Margin, in the case of each Start Date, an amount equal to (x) the sum of each day’s Excess Availability during the most recently ended Fiscal Quarter for which a Quarterly Pricing Certificate has been delivered
divided by (y) the number of days in such Fiscal Quarter. 
 “Holder”: has the meaning set forth in the First Lien
Indenture. 
 “Holdings”: as defined in the preamble hereto. 

“IFRS”: as defined in the definition of GAAP. 

“Immaterial Subsidiary”: a Restricted Subsidiary (other than any Borrower) whose contribution to the Trailing Four Quarter
Consolidated EBITDA of the Parent Borrower and its Restricted Subsidiaries for the most recently ended Relevant Reference Period is equal to or less than
3.755.00% of such Trailing Four Quarter Consolidated EBITDA; provided, that if at any time the aggregate amount of Trailing Four Quarter Consolidated EBITDA as of the end of Parent Borrower’s most recently ended
Relevant Reference Period represented by all Immaterial Subsidiaries would, but for this proviso, exceed 7.50% of such Trailing Four Quarter Consolidated EBITDA, then Borrower Representative shall designate sufficient Immaterial Subsidiaries to no
longer constitute Immaterial Subsidiaries so as to eliminate such excess, and each such designated Restricted Subsidiary shall thereupon cease to be an Immaterial Subsidiary (or, if Borrower Representative shall make no such designation by the next
date of delivery of financial statements pursuant to Section 5.1(a) or Section 5.1(b), one or more of such Immaterial Subsidiaries selected in descending order based on their respective
contributions to the Trailing 

  
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Four Quarter Consolidated EBITDA for the Relevant Reference Period covered by such financial statements shall cease to be considered to be Immaterial Subsidiaries until such excess is eliminated)
and any such Restricted Subsidiary (if not otherwise an Excluded Subsidiary) shall be required to comply with Section 5.9(c) within the time periods set forth therein. 

“Imported Goods Agreement”: an imported goods agreement, in form and substance acceptable to the Agent, duly executed by an
Eligible Customs Broker. 
 “Incremental Amendment”: as defined in Section 2.20(c). 

“Incremental Facility”: as defined in Section 2.20(a). 

“Incremental Facility Closing Date”: as defined in Section 2.20(c). 

“Incremental Revolving Commitments”: as defined in Section 2.20(a). 

“Incremental Lender”: as defined in Section 2.20(c). 

“Incurrence-Based Amounts”: as defined in Section 1.6(b). 

“Indebtedness”: as to any Person at a particular time, without duplication, all of the following: 

(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 (after giving effect to any prior drawings or reductions which may have
been reimbursed and any cash collateralization) of all outstanding letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds, performance bonds and similar instruments issued or created by or for
the account of such Person; 
 (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; 

(e) all Attributable Indebtedness; 

(f) all obligations of such Person in respect of Disqualified Capital Stock if and to the extent that the foregoing would constitute
indebtedness or a liability in accordance with GAAP; 
 (g) indebtedness (excluding prepaid interest thereon) of the types described in
clauses (a) through (f) secured by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements and mortgage, industrial revenue bond, industrial
development bond and similar financings), whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; andprovided that the amount of such indebtedness under this clause (g) shall be limited to the lesser of (x) the aggregate
unpaid amount of such indebtedness and (y) the fair market value (as determined by such Person in good faith) of such property securing such indebtedness; and 

  
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 (h) to the extent not otherwise included above, all Guarantee Obligations of such Person in
respect of Indebtedness described in clauses (a) through (g) in respect of any of the foregoing. 
 For all purposes hereof, the
Indebtedness of any Person shall (A) 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, except to the
extent such Person’s liability for such Indebtedness is otherwise limited and only to the extent such Indebtedness would be included in the calculation of Consolidated Total Debt, (B) in the case of the Parent Borrower and its Restricted
Subsidiaries, exclude all intercompany Indebtedness having a term not exceeding 364 days (inclusive of any roll over or extension of terms) and made in the ordinary course of business, and (C) exclude (i) trade accounts and accrued expenses
payable in the ordinary course of business, (ii) any purchase price adjustment or earn-out obligation until such obligation is not paid after becoming due and payable, (iii) accruals for payroll
(including obligations in respect of employment arrangements) and other liabilities accrued in the ordinary course of business, (iv) deferred rent, deferred revenue and deferred taxes, in each case, in the ordinary course of business, and
(v) purchase price holdbacks in respect of a portion of the purchase price of an asset to satisfy warranty or other unperformed obligations of the respective seller. 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. The amount of Indebtedness of any Person for purposes of clause (e) shall be deemed to be equal to the lesser of (x) the aggregate unpaid amount of such Indebtedness and
(y) the fair market value of the property encumbered thereby as determined by such Person in good faith. 
 “Indemnified
Taxes”: (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party under any Loan Document and (b) to the extent not otherwise defined in clause (a), Other
Taxes. 
 “Indemnitee”: as defined in Section 9.3(b). 

“Information”: as defined in Section 9.12(a). 

“Initial ABL Lender”: means any Lender with a Revolving Credit Commitment on the Closing Date. 

“Insolvency”: with respect to any Plan that is a Multiemployer Plan, the condition that such Plan is insolvent within the
meaning of Section 4245 of ERISA; and the term “Insolvent” shall have a correlative meaning. 
 “Intellectual
Property”: the collective reference to all rights, priorities and privileges relating to intellectual property, whether arising under United States, state, multinational, or Canadian or foreign laws or otherwise, including copyrights,
copyright licenses, patents, patent licenses, industrial designs, trademarks, trademark licenses, service marks, service mark licenses, technology, know-how and processes, recipes, formulas, trade secrets and
all rights to sue at law or in equity for any past, present or future infringement or other impairment thereof, including the right to receive all proceeds and damages therefrom. 

  
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 “Intercreditor Agreements”: (a) with respect to any applicable Indebtedness
permitted to be secured by the Collateral, the ABL Intercreditor Agreement or such other intercreditor agreement reasonably satisfactory to the Agent (unless not required pursuant to the terms hereof) and the Borrower Representative or otherwise
permitted hereunder, (b) with respect to any applicable Indebtedness subordinated in right of payment to the Obligations, an intercreditor or subordination agreement reasonably satisfactory to the Agent (unless not required pursuant to the
terms hereof) and the Borrower Representative and (c) with respect to any Factoring Facility, the Closing Date Factoring Facility Intercreditor Agreement or such other intercreditor and/or lien release agreement required by such Factoring
Facility reasonably satisfactory to the Agent (unless not required pursuant to the terms hereof) and the Borrower Representative. 

“Interest Election Request”: a request by the Borrower Representative to convert or continue a Borrowing in accordance with
Section 2.6. 
 “Interest Payment Date”: (a) with respect to any ABR Loan, Canadian Prime Rate
Loan and Canadian Base Rate Loan (including Swingline Loans), the first (1st) day of each January, April, July and October, commencing with the first (1st) such date to occur after the Closing Date, (b) with respect to any Eurodollar Loan or BA
Equivalent Rate Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing or BA Equivalent Rate Borrowing with an Interest Period of more than three
(3) months’ duration, each day prior to the last day of such Interest Period that occurs at intervals of three (3) months’ duration after the first (1st) day of such Interest Period. 

“Interest Period”:
(x) with respect to any Eurodollar Borrowing or BA Equivalent Rate Borrowing, the period commencing on the date of such Borrowing and ending on the numerically
corresponding day in the calendar month that is one (1), two (2), three (3) or six (6) months (or, if made available by all participating Lenders twelve (12) months) thereafter
or
(y) with respect
to any BA Equivalent Rate
Borrowing,
the period commencing on the date of such Borrowing and ending on the numerically corresponding day in the
calendar month that is one (1), two (2) or three (3) months thereafter, as the Borrower Representative may elect; provided, that (i) if any Interest Period would end on a day
other than a Business Day, such Interest Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding
Business Day and (ii) any Interest Period that commences on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the last calendar month of such Interest Period) shall end on the last
Business Day of the last calendar month of such Interest Period; provided, further, that the initial Interest Period with respect to any Eurodollar Borrowing or BA Equivalent Rate Borrowing on the Closing Date may be for such other
period specified in the applicable Borrowing Request that is acceptable to the Agent. For purposes hereof, the date of a Borrowing initially shall be the date on which such Borrowing is made and thereafter shall be the effective date of the most
recent conversion or continuation of such Borrowing. 

  
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 “Inventory”: “inventory” as such term is defined in
Article 9 of the UCC or in the PPSA; as applicable. 
 “Investments”: 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 Capital Stock or debt or other securities 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 equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person (excluding, in the case of the Parent Borrower and its Restricted
Subsidiaries, intercompany loans, advances, or Indebtedness having a term not exceeding 364 days (including of any roll over or extensions of terms) and made in the ordinary course of business) or (c) the purchase or other acquisition (in one
transaction or a series of transactions, including by way of merger) of all or substantially all of the property and assets or business of another Person or assets constituting a business unit, line of business or division of such Person. For
purposes of covenant compliance, the amount of any Investment at any time shall be the amount actually invested (measured at the time made), without adjustment for subsequent increases or decreases in the value of such Investment, less any Returns
in respect of such Investment. 
 “IP Office”: as the context shall require, the United States Patent and Trademark Office,
the United States Copyright Office and the Canadian Intellectual Property Office. 
 “IPO Reorganization Transaction”: any re-organization or other similar activities among Holdings, the Parent Borrower and its Restricted Subsidiaries in connection with and reasonably related to consummating a Qualified IPO, so long as, after giving
effect thereto, (a) the Loan Parties are in compliance with the Collateral and Guarantee Requirement and Sections 5.9 and 5.11, (b) taken as a whole, the value of the Collateral securing the Obligations and the guarantees by the
Guarantors of the Obligations are not materially reduced and (c) the Liens in favor of the Agent for the benefit of the Secured Parties under the Security Documents are not materially impaired. 

“IRS”: United States Internal Revenue Service. 

“ISP”: 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). 

“ITA” the Income Tax Act (Canada), as amended. 

“Issuing Bank”: as the context may require, (i) Bank of America and/or (ii) any other Lender reasonably acceptable
to the Agent and the Borrower Representative, which has agreed to act as Issuing Bank hereunder. An Issuing Bank may, in its discretion, arrange for one or more Letters of Credit to be issued by Affiliates or branches of such Issuing Bank, in which
case the term “Issuing Bank” shall include any such Affiliate or branch with respect to Letters of Credit issued by such Affiliate or branch and for all purposes of the Loan Documents. References herein and in the other Loan
Documents to Issuing Banks shall be deemed to refer to the Issuing Bank in respect of the applicable Letter of Credit or to all Issuing Banks, as the context requires. 

  
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 “Joint Lead Arrangers”: individually or collectively as context requires,
(x) with respect to the initial Revolving Credit Commitments established on the Closing Date, each of (i) Bank of America, N.A. and (ii) SunTrust Robinson Humphrey, Inc., in each case, in their respective capacities as joint lead
arrangers and joint bookrunners hereunder, (y) with respect to the 2020 Incremental Revolving Commitments established on the Second Amendment Effective Date, each of (i) Bank of America, N.A. and (ii) SunTrust Robinson Humphrey, Inc.,
in each case, in their respective capacities as joint lead arrangers and joint bookrunners under the Second Amendment and (z) with respect to the 2020-B Incremental Revolving Commitments established on
the Fourth Amendment Effective Date, Bank of America, N.A. in its capacities as lead arranger and bookrunner under the Fourth Amendment. 

“Junior Debt”: any Indebtedness of a Group Member (other than Indebtedness under revolving credit facilities or other
revolving lines of credit and the First Lien Obligations) that constitutes (i) Indebtedness subordinated in right of payment to the Obligations (other than Indebtedness among the Parent Borrower and its Restricted Subsidiaries), (ii) unsecured
Indebtedness incurred pursuant to Section 6.2(f), Section 6.2(p) or Section 6.2(z) or (iii) Indebtedness secured by the ABL Priority Collateral on a junior basis to
the Liens securing the Obligations. 
 “Latest Maturity Date”: as of any date of determination, the latest Maturity Date
applicable to any Loan or Revolving Credit Commitment hereunder as of such date, including the latest maturity date of any Extended Revolving Credit Commitments or Incremental Revolving Commitments (including the 2020 Incremental Revolving
Commitments and the 2020-B Incremental Revolving Commitments), in each case as extended in accordance with this Agreement from time to time. 

“LC Application”: 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 relevant Issuing Bank. 
 “LC Borrowing”: an extension of credit resulting from a drawing under any
Letter of Credit which has not been reimbursed on the date when made (or, in accordance with Section 2.4(e), the following day) or refinanced as a Revolving Credit Borrowing. All LC Borrowings shall be denominated in an
Approved Currency. 
 “LC Credit Extension”: with respect to any Letter of Credit, the issuance thereof or extension of the
expiry date thereof (other than pursuant to the terms of an Auto Renewal Letter of Credit), or the increase of the amount thereof. 

“LC Disbursement”: a payment made by any Issuing Bank pursuant to a Letter of Credit. 

“LC Documents”: with respect to any Letter of Credit, the LC Application, and any other document, agreement and instrument
entered into by the applicable Issuing Bank and the Parent Borrower (or any Subsidiary) or in favor of such Issuing Bank and relating to such Letter of Credit. 

“LC Exposure”: at any time, (a) with respect to US Letters of Credit (“US LC Exposure”), the sum of
(i) the aggregate undrawn amount of all outstanding US Letters of Credit 

  
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at such time plus (ii) the aggregate amount of all LC Disbursements in respect of US Letters of Credit that have not yet been reimbursed by or on behalf of the applicable US Borrower at such
time, and (b) with respect to Canadian Letters of Credit (“Canadian LC Exposure”), the sum of (i) the aggregate undrawn amount of all outstanding Canadian Letters of Credit at such time plus (ii) the aggregate
amount of all LC Disbursements in respect of Canadian Letters of Credit that have not yet been reimbursed by or on behalf of the applicable Canadian Borrower at such time. The LC Exposure of any Lender at any time shall be an amount equal to its
Applicable Lender Percentage of the total LC Exposure at such time, in each case with respect to the applicable Revolving Credit Facility. 

“LC Obligations”: as of any date of determination, the LC Exposure. 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 1.8. For all purposes of this Agreement, if as of 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. 

“LCT Election”: as defined in Section 1.5(d). 

“LCT Test Date”: as defined in Section 1.5(d). 

“Lender Default”: (i) the refusal or failure of any Lender to make available its portion of any (A) incurrence of Loans
or (B) participations in Letters of Credit or Swingline Loans when required hereunder (unless, in the case of clause (A) above, such Lender notifies the Agent in writing that such failure is the result of such Lender’s good faith
determination that a condition precedent to funding expressly set forth in Section IV (specifically identified and including the particular default, if any) has not been satisfied), which refusal or failure is not cured within one
(1) Business Day after the date of such refusal or failure; (ii) the failure of any Lender to pay over to the Agent, any Issuing Bank, any Swingline Lender or any other Lender any other amount required to be paid by it hereunder within one
(1) Business Day after the date when due, unless the subject of a good faith dispute; (iii) the notification by a Lender to the Borrower Representative or the Agent that such Lender does not intend or expect to comply with any of its
funding obligations hereunder or a public statement by a Lender to that effect with respect to such Lender’s funding obligations hereunder (unless such notification or public statement indicates that such position is based on such Lender’s
good faith determination that a condition precedent to funding expressly set forth in Section IV (specifically identified and including the particular default, if any) has not been satisfied); (iv) the failure by a Lender to confirm in a
manner reasonably satisfactory to the Agent that such Lender will comply with such Lender’s obligations hereunder (provided that such Lender shall cease being subject to a Lender Default pursuant to this clause (iv) upon receipt of
such certifications); (v) the admission in writing by a Distressed Person that it is insolvent; or (vi) such Distressed Person becoming subject to a Lender-Related Distress Event. 

“Lender Parties”: as defined in Section 9.16. 

  
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 “Lender-Related Distress Event”: with respect to any Lender, that such
Lender or any Person that directly or indirectly controls such Lender (each, a “Distressed Person”), as the case may be, is or becomes subject to a voluntary or involuntary case or proceeding with respect to such Distressed Person
under any debt relief law, or a custodian, conservator, receiver, or similar official is appointed for such Distressed Person or any substantial part of such Distressed Person’s assets, or such Distressed Person, or any Person that directly or
indirectly controls such Distressed Person is subject to a forced liquidation or such Distressed Person makes a general assignment for the benefit of creditors or is otherwise adjudicated as, or determined by any Governmental Authority having
regulatory authority over such Distressed Person or its assets to be, insolvent or bankrupt or such Distressed Person becomes the subject of a Bail-In Action; provided that a Lender-Related Distress
Event shall not be deemed to have occurred solely by virtue of the ownership or acquisition of any Capital Stock in any Lender or any Person that directly or indirectly controls such Lender by a Governmental Authority or an instrumentality thereof,
so long as such ownership or acquisition 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. 

“Lenders”: as the context may require, the Revolving Credit Lenders and/or the Swingline Lender. 

“Letter of Credit”: any letter of credit issued pursuant to this Agreement (which for the avoidance of doubt shall include
the Existing Letters of Credit). 
 “LIBO Rate”: with respect to any Interest Period pertaining to a Eurodollar Loan, the
per annum rate of interest (rounded up to the nearest 1/8th of 1.00%) determined by the Agent at or about 11:00 a.m., London time, two (2) Business Days prior to an Interest Period, for a term equivalent to such period, equal to the London
Interbank Offered Rate, or comparable or successor rate approved by the Agent and the Borrower Representative, as published on LIBOR01 Page published by Reuters (or any successor page) (the “LIBO Screen Rate”); provided, that
any comparable or successor rate shall be applied by the Agent, if administratively feasible, in a manner consistent with market practice; provided further, that in no event shall the LIBO Rate be less than 0.50%. 

“LIBOR Successor Rate” has the meaning specified in Section 2.13(c). 

“LIBOR Successor Rate Conforming Changes” means, with respect to any proposed LIBOR Successor Rate, any conforming changes to
the definition of Alternate Base Rate, Interest Period, timing and frequency of determining rates and making payments of interest and other technical, administrative or operational matters as may be appropriate, in the discretion of the Agent in
consultation with the Borrower, to reflect the adoption and implementation of such LIBOR Successor Rate and to permit the administration thereof by the Agent in a manner substantially consistent with market practice (or, if the Agent determines that
adoption of any portion of such market practice is not administratively feasible or that no market practice for the administration of such LIBOR Successor Rate exists, in such other manner of administration as the Agent determines is reasonably
necessary in consultation with the Borrower in connection with the administration of this Agreement). 

  
 59 

 “Lien”: any mortgage, pledge, hypothecation, security assignment, deposit
arrangement, encumbrance, lien (statutory or other), trust, deemed trust, charge or other security interest or any preference, priority or other security agreement or preferential arrangement of any kind or nature whatsoever (including any
conditional sale or other title retention agreement and any capital lease having substantially the same economic effect as any of the foregoing); provided, that in no event shall an operating lease in and of itself constitute a Lien. 

“Limited Condition Transaction”: (i) any
Investment, Permitted Acquisition or permitted Investment in any assets, business or Person, in each case theother acquisition
(whether by merger, arrangement, amalgamation, consolidation or other business combination or the acquisition of Capital Stock or otherwise) whose consummation of which is not conditioned on the availability of, or on obtaining, third party financing or any Specified Prepayment pursuant to Section 6.8, (ii) any irrevocable(including for any Indebtedness contemplated or incurred in connection therewith), (ii) any redemption, repurchase, defeasance, satisfaction and discharge or repayment of
Indebtedness or, Disqualified Capital Stock or any Preferred Stock requiring irrevocable notice in advance of such redemption, repurchase,
defeasance, satisfaction and discharge or repayment, (iii) any Restricted Payment (provided,
solely1) requiring irrevocable notice in advance thereof (provided that such notice may be conditioned
on the occurrence of another transaction) (including for any Indebtedness contemplated or incurred in connection therewith) or (2) to the extent such Restricted Payment is consummated in
connection with a transaction permitted pursuant to clauses
(i) or (ii) of this
definition) and, in each case, which is designated as such by the Borrower Representative in a written
notice to the Agent on
or prior to the date on which the definitive agreements for such transaction are entered into or notice of such
repurchase or repayment are
delivered.described in clause (i) or (ii) above, and (iv) any Disposition permitted
hereunder. 
 “Line Cap”: at any time, the lesser of (i) 100%
(or, during an Agent Advance Period, 110%) of the Aggregate Borrowing Base at such time and (ii) the Total Revolving Credit Commitments in effect at such time. 

“Loan”: any loan made by any Lender pursuant to this Agreement. 

“Loan Documents”: this Agreement, the Security Documents, any Notes, any Permitted Amendment, any LC Application, the ABL
Intercreditor Agreement, the Closing Date Factoring Facility Intercreditor Agreement, any other Intercreditor Agreement entered into in connection with the incurrence of secured or subordinated Indebtedness or any Factoring Facility permitted
hereunder, the Second Amendment, the Third Amendment, the Fourth Amendment, the Fifth Amendment and any other document executed and delivered in conjunction with this Agreement from time to time and designated as a “Loan Document”. 

“Loan Parties”: the collective reference to the Parent Borrower, the other Borrowers and the Guarantors. 

  
 60 

 “Management Shareholder”: any member of management of any Group Member that
own Capital Stock in Holdings, directly or indirectly, on the Closing Date. 
 “Mandatory Borrowing”: as defined in
Section 2.1(e). 
 “Margin Stock”: shall have the meaning assigned to such term in Regulation U
of the Board. 
 “Material Adverse Effect”: any event, change or condition that, individually or in the aggregate, has had,
or would reasonably be expected to have (a) on the Closing Date, a Material Adverse Effect (as defined in the Purchase Agreement) or (b) after the Closing Date, a material adverse effect on (i) the business, assets, financial
condition or results of operations of the Loan Parties and their Subsidiaries, taken as a whole, (ii) the ability of the Loan Parties (taken as a whole) to perform their payment obligations under any Loan Document or (iii) the rights and
remedies of the Agent under the Loan Documents, taken as a whole, including the legality, validity, binding effect or enforceability of the Loan Documents. 

“Material Debt”: (a) Indebtedness under the First Lien Indenture and (b) any other Indebtedness (other than Indebtedness
constituting Obligations), or obligations in respect of one or more Swap Contracts (other than to the extent constituting Obligations), of any one or more of any Group Member in an aggregate principal amount exceeding $20the greater of (x)
$25 million and (y) 25% of Trailing Four Quarter
Consolidated EBITDA. For purposes of determining Material Debt, the “obligations” of any Group Member in respect of any Swap Contract at any time shall be the maximum aggregate
amount (giving effect to any netting agreements) that any Group Member would be required to pay if such Swap Contract were terminated at such time. 

“Material Party”: Holdings, the Parent Borrower, each other Borrower or any Restricted Subsidiary (other than an Immaterial
Subsidiary). 
 “Maturity Date”: with respect to (a) Revolving Credit Commitments (including the 2020 Incremental
Revolving Commitments and the 2020-B Incremental Revolving Commitments), September 30, 2025, and (b) with respect to Extended Revolving Credit Commitments, the final maturity date thereof as
specified in the applicable Extension Offer accepted by the respective Lender or Lenders. 
 “Maximum Rate”: as defined in
Section 9.17. 
 “Midwest Lumber”: Midwest Lumber Minnesota, Inc., a Minnesota corporation. 

“Moody’s”: Moody’s Investor Services, Inc., or any successor by merger or consolidation to its business. 

“Multiemployer Plan”: a Plan that is a multiemployer plan as defined in Section 4001(a)(3) of ERISA. 

“Noll”: Project 76 Holding Corporation, a Delaware corporation. 

  
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 “NOLV” or “Net Orderly Liquidation Value”: the orderly
liquidation value (net of all liquidation expenses, costs of sale, commissions, operating expenses and retrieval and related costs) of Inventory, as determined pursuant to the most recent third-party appraisal of such Inventory delivered to the
Agent pursuant to Section 5.2(c) by an appraiser reasonably satisfactory to the Agent, and in each case expressed as a percentage of the net book value of such Inventory determined in accordance with GAAP. The Net Orderly
Liquidation Value for each such category of Inventory will be increased or reduced promptly upon receipt by the Agent of each updated appraisal. 

“Non-Consenting Lender”: as defined Section 2.18(c). 

“Non-Defaulting Lender”: a Lender that is not a Defaulting Lender. 

“Non-Loan Party Subsidiary”: any Restricted Subsidiary of the Parent Borrower that is
not a Loan Party. 
 “Note”: any promissory note evidencing any Loan substantially in the form of Exhibit E. 

“Notice of Additional Borrower”: a Notice of Additional Borrower and Assumption Agreement, in substantially the form of
Exhibit I-1 hereto. 
 “Notice of Additional Guarantor”: a Notice of
Additional Guarantor, in substantially the form of Exhibit I-2 hereto. 
 “Notice of
Intent to Cure”: as defined in Section 7.2(a). 
 “NVOCC”: a non-vessel operating common carrier. 
 “Obligations”: collectively, the US Obligations
and the Canadian Obligations. 
 “OFAC”: as defined in Section 3.19(b). 

“OID”: original issue discount. 

“Organizational Documents”: with respect to any Person and as applicable, the certificate of incorporation or formation,
memorandum or articles of association, bylaws, limited liability company agreement, limited partnership agreement or other organizational documents of such Person. 

“Other Connection Taxes”: with respect to the Agent, any Lender or any Issuing Bank, Taxes imposed as a result of a present
or former connection between such recipient and the jurisdiction imposing such Tax (other than a connection arising solely from such recipient having executed, delivered, become a party to, performed its obligations under, received payments under,
received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). 

  
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 “Other Taxes”: any and all present or future recording, stamp or
documentary, intangible, recording, filing or similar Taxes arising from any payment made under any Loan Document or from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest
under, or otherwise with respect to this Agreement or any other Loan Document, except any such Taxes that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to
Section 2.18(b)). 
 “Parent Borrower”: as defined in the preamble hereto. 

“Participant”: as defined in Section 9.4(c). 

“Participant Register”: as defined in Section 9.4(c). 

“PATRIOT Act”: Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism
(USA PATRIOT Act of 2001). 
 “Payment Conditions”: that each of the following conditions are satisfied: (a) there is
no Specified ABL Default existing immediately before or immediately after the action or proposed action, (b)(i)(A) pro forma Specified Availability and (B) pro forma 20-Day Specified Availability, in each
case, exceeds (ii) the greater of (A) in the case of Restricted Payments pursuant to Section 6.6(n) or prepayments of Junior Debt pursuant to Section 6.8(ii), (x) 15% of the Line Cap
(without giving effect to any increase thereof during an Agent Advance Period) and (y) $9.5 million and (B) in the case of Investments pursuant to Section 6.7(f) or Section 6.7(s), the incurrence of
Indebtedness pursuant to Section 6.2(z) or the making of a designation pursuant to Section 5.13, (x) 12.5% of the Line Cap (without giving effect to any increase thereof during an Agent Advance
Period) and (y) $8 million, (c) the Consolidated Fixed Charge Coverage Ratio on a Pro Forma Basis, as calculated on a trailing four Fiscal Quarters basis for which financial statements have been delivered in accordance with
Section 5.1, is greater than 1.00:1.00; provided, however, that the condition set forth in the immediately preceding clause (c) shall not apply if, pro forma for any of the actions described in clauses (b)(ii)(A) and
(b)(ii)(B) above, the Parent Borrower has (X)(1) pro forma Specified Availability and (2) pro forma 20-Day Specified Availability, in each case, that exceeds (I) the greater of (x) in the case
of Restricted Payments pursuant to Section 6.6(n) or prepayments of Junior Debt pursuant to Section 6.8(ii), (a) $12.0 million and (b) 20% of the Line Cap (without giving effect to any
increase thereof during an Agent Advance Period) and (y) in the case of Investments pursuant to Section 6.7(f) or Section 6.7(s), the incurrence of Indebtedness pursuant to Section 6.2(z)
or the making of a designation pursuant to Section 5.13, (a) $11.5 million and (b) 17.5% of the Line Cap (without giving effect to any increase thereof during an Agent Advance Period) and (d) the Parent Borrower
shall have delivered to the Agent a certificate of a Responsible Officer of the Parent Borrower certifying as to compliance with preceding clauses (a) through (c) and demonstrating (in reasonable detail) the calculations required by preceding
clauses (b) and (c). 
 “PBGC”: the Pension Benefit Guaranty Corporation established pursuant to Subtitle A of Title
IV of ERISA and any successor entity performing similar functions. 
 “Permitted Acquisition”: as defined in
Section 6.7(f). 

  
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 “Permitted Amendment”: as the context may require, any Extension Amendment
or Incremental Amendment. 

“Permitted
 Business” means any business, service or activity that is the same as, not substantially different from, or reasonably related, incidental, ancillary, complementary or similar to, or that is a reasonable extension or development of, any of the
businesses, services or activities in which Holdings and its Restricted Subsidiaries are engaged, or proposed to be in engaged, on the Fifth Amendment Effective Date. 

“Permitted Discretion”: reasonable (from the perspective of a secured asset-based lender) credit judgment exercised in good
faith in accordance with customary business practices of the Agent for comparable asset-based lending transactions. 
 “Permitted
Excluded Contribution Utilizations”: the sum of (i) Indebtedness incurred in reliance on Section 6.2(f), (ii) any Investment made in reliance on Section 6.7(cc), (iii) Restricted
Payments made in reliance on Section 6.6(g) and (iv) any optional or voluntary payment, prepayment, repurchase or redemption of Junior Debt in reliance on Section 6.8(xii). 

“Permitted Investors”: the collective reference to (i) the Sponsor and its Control Investment Affiliates,
(ii) Management Shareholders; provided, that to the extent the amount of Capital Stock owned by such members of management constitutes in the aggregate a greater percentage of the aggregate ordinary voting power of Holdings than the
Capital Stock of Holdings owned by the Sponsor and its Control Investment Affiliates, then such members of management shall not be Permitted Investors and (iii) any Permitted Transferee of the foregoing Persons. 

“Permitted Liens”: the collective reference to Liens permitted by Section 6.3. 

“Permitted Ratio Debt”: Indebtedness permitted to be incurred by Holdings or any of its Subsidiaries pursuant to and subject
to the limitations of the definition of Ratio Debt in the First Lien Indenture (as in effect on the Third Amendment Effective Date and regardless of whether then in effect). 

“Permitted Refinancing”: with respect to any Person, any Refinancing of any Indebtedness of such Person; provided that
(a) the principal amount (or accreted value, if applicable) of such Refinancing Indebtedness does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so Refinanced except by an amount equal to unpaid accrued
interest and premium thereon plus other amounts owing or paid related to such Indebtedness, and fees and expenses incurred, in connection with such Refinancing and by an amount equal to any existing commitments unutilized thereunder, (b) except
with respect to (i) a Refinancing in respect of Indebtedness permitted pursuant to Sections 6.2(c), (f), (g), (l), (p), (y), (w) and (aa) (it being agreed and understood that any Permitted
Refinancing of Indebtedness permitted pursuant to Sections 6.2(p) and (w) shall comply with the maturity date and Weighted Average Life to Maturity requirements applicable to Permitted Ratio Debt and the applicable Indebtedness described
in Section 6.2(w), respectively), and (ii) a Refinancing in the form of a bridge loan intended to be Refinanced with a securities offering the maturity date of which provides for an automatic extension of the maturity
date thereof, subject to customary conditions, 

  
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to a date that is not earlier than the maturity date of the Indebtedness being Refinanced, the Refinancing Indebtedness has a final maturity date equal to or later than the maturity date of, and
has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being Refinanced, (c) [reserved], (d) other than with respect to a Refinancing in respect of Indebtedness permitted pursuant
to Sections 6.2(c), (l) and (aa) (in each case, solely to the extent such Refinancing Indebtedness is in the form of securities or a bridge credit agreement intended to be Refinanced with an issuance of securities), at the time
of such Refinancing, no Event of Default shall have occurred and be continuing, (e) if such Indebtedness being Refinanced is subordinated in right of payment to the Obligations, the Refinancing Indebtedness shall be subordinated in right of
payment to the Obligations on terms (i) not materially less favorable (taken as a whole) (as reasonably determined by the Borrower Representative in good faith) to the Lenders as those contained in the documentation governing the Indebtedness
being Refinanced, and the Refinancing Indebtedness is incurred by one or more Persons who is an obligor of the Indebtedness being Refinanced or (ii) otherwise reasonably acceptable to the Agent, (f) if such Indebtedness being Refinanced is
secured by a junior Lien on the Collateral (or portion thereof) permitted under this Agreement and/or subject to an Intercreditor Agreement for the benefit of the Lenders, such Refinancing Indebtedness shall be unsecured or secured by a junior Lien
on the Collateral (or portion thereof) permitted under this Agreement and subject to an Intercreditor Agreement (i) on terms not materially less favorable (taken as a whole) (as reasonably determined by the Borrower Representative in good
faith) to the Lenders as those in effect prior to such Refinancing or (ii) on such other terms reasonably acceptable to the Agent and (g) in the event such Indebtedness being so Refinanced is Junior Debt or is incurred under
Section 6.2(d), the terms of such Refinancing Indebtedness are, when taken as a whole, not materially less favorable to the Secured Parties (as reasonably determined by the Borrower Representative in good faith) as compared
to the Indebtedness being so Refinanced (other than (i) with respect to interest rates, fees, funding discounts and other pricing terms, liquidation preferences, prepayment or other premiums, call protection periods, subordination terms and
optional prepayment and redemption provisions and (ii) terms applicable only after the then Latest Maturity Date (as determined on the date of incurrence of such Refinancing Indebtedness, in each case, as reasonably determined by the Borrower
Representative in good faith). 
 “Permitted Reorganization”: any re-organization
or other similar activities among Holdings, the Parent Borrower and its Restricted Subsidiaries related to Tax planning and re-organization, so long as, after giving effect thereto, (a) the Loan Parties are in compliance with the Sections
5.9 and 5.11, (b) taken as a whole, the value of the Collateral securing the Obligations and the guarantees by the Guarantors of the Obligations are not materially reduced and (c) the Liens in favor of the Agent for the benefit of
the Secured Parties under the Security Documents are not materially impaired. 
 “Permitted Transferee”: (a) in the case of
the Sponsor, (i) any Sponsor Associate, (ii) the heirs, executors, administrators, testamentary trustees, legatees or beneficiaries of any Sponsor Associate and (iii) any trust, the beneficiaries of which, or a corporation or
partnership, the stockholders or partners of which, include only a Sponsor Associate, his or her spouse or former spouse, parents, siblings, members of his or her immediate family (including adopted children and step-children) and/or direct lineal
descendants; and (b) in the case of any Management Shareholder, (i) his or her executor, administrator, testamentary trustee, legatee or beneficiaries, 

  
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(ii) his or her spouse or former spouse, parents, siblings, members of his or her immediate family (including adopted children and step-children) and/or direct lineal descendants or (iii) a
trust, the beneficiaries of which, or a corporation or partnership, the stockholders or partners of which, include only a Management Shareholder and his or her spouse or former spouse, parents, siblings, members of his or her immediate family
(including adopted children) and/or direct lineal descendants. 
 “Person”: an individual, partnership, corporation,
limited liability company, unlimited liability company, business trust, joint stock company, trust, unincorporated association, joint venture, Governmental Authority or other entity of whatever nature. 

“Plan”: any “employee benefit plan”: as defined in Section 3(3) of ERISA that is subject to ERISA and
(i) in respect of which Holdings or a Commonly Controlled Entity is or, if such plan were terminated, would under Section 4062 or Section 4069 of ERISA be deemed to be an “employer” as defined in Section 3(5) of ERISA,
or (ii) is a Multiemployer Plan to which any Loan Party or Commonly Controlled Entity has liability, including with respect to the prior five years. 

“Platform”: as defined in Section 9.1. 

“Pledged Capital Stock”: as defined in the US Guarantee and Collateral Agreement and/or the Canadian Guarantee and Collateral
Agreement, as applicable. 
 “PPSA”: the Personal Property Security Act (Ontario); provided that, if
perfection or the effect of perfection or non-perfection or the priority of any security interest in any Canadian Collateral is governed by the personal property security laws as in effect in a Canadian
jurisdiction other than the Province of Ontario (including Quebec), “PPSA” means the Personal Property Security Act (or, as applicable, the Civil Code of Quebec) as in effect from time to time in such other jurisdiction, as applicable, for
purposes of the provisions hereof relating to such perfection, effect of perfection or non-perfection or priority. 

“Preferred
 Stock” means any Capital Stock with preferential rights of payment of dividends or upon liquidation, dissolution, or winding up. 

“Prime Rate”: the rate of interest quoted in The Wall Street Journal (or another national publication selected by the
Agent in consultation with the Borrower Representative), Money Rates Section, as the “U.S. Prime Rate” (or its successor), as in effect from time to time. 

“Proceeds”: has the meaning set forth in the US Guarantee and Collateral Agreement, and/or the Canadian Guarantee and Collateral
Agreement, as applicable. 
 “Pro Forma Basis”: with respect to compliance with any test or covenant or calculation of any
ratio hereunder, the determination or calculation of such test, covenant or ratio (including in connection with Pro Forma Transactions) in accordance with Section 1.5. 

“Pro Forma Compliance”: with respect to the Financial Covenant, compliance on a Pro Forma Basis with the Financial Covenant
in accordance with Section 1.5. 

  
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 “Pro Forma Financial Statements”: as defined in
Section 4.1(c). 
 “Pro Forma Transaction”: the Transactions, any Investment that results in a
Person becoming a Restricted Subsidiary, any designation of a Subsidiary as a Restricted Subsidiary or an Unrestricted Subsidiary, any Permitted Acquisition or any Disposition that results in a Restricted Subsidiary ceasing to be a Restricted
Subsidiary of the Parent Borrower, any Investment constituting an acquisition of assets constituting a business unit, line of business or division of, or all or substantially all of the Capital Stock of, another Person or any Disposition of a
business unit, line of business or division of the Parent Borrower or a Restricted Subsidiary, in each case whether by merger, consolidation, amalgamation or otherwise, or any incurrence or repayment of Indebtedness (other than Indebtedness incurred
or repaid under any revolving credit facility or line of credit), Restricted Payment, or Incremental Revolving Commitment that by the terms of this Agreement requires such test to be calculated on a “Pro Forma Basis” or after giving
“pro forma effect”. 
 “Pro Rata Share”: with respect to each Lender under the US Revolving Credit
Facility or the Canadian Revolving Credit Facility, as applicable, at any time a fraction (expressed as a percentage, carried out to the ninth decimal place), the numerator of which is the amount of the Revolving Credit Commitment under such
applicable Facility and the denominator of which is the amount of the Total Revolving Credit Commitments under such applicable Facility or Facilities at such time; provided that, if such Revolving Credit Commitments have been terminated, then
the Pro Rata Share of each Lender shall be determined based on the Pro Rata Share of such Lender immediately prior to such termination and after giving effect to any subsequent assignments made pursuant to the terms hereof. 

“Projections”: as defined in Section 5.2(b). 

“Property”: any right or interest in or to property of any kind whatsoever, whether real, personal or mixed and whether
tangible or intangible, including Capital Stock. 
 “PTE”: a prohibited transaction class exemption issued by the U.S.
Department of Labor, as any such exemption may be amended from time to time. 
 “Purchase Agreement”: as defined in the
recitals hereto. 
 “QFC”: has the meaning assigned to the term “qualified financial contract” in, and shall be
interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). 
 “Qualified Capital Stock”: Capital Stock that is not
Disqualified Capital Stock. 
 “Qualified Counterparty”: with respect to (a) any Specified Swap Contract or Cash
Management Obligations, any counterparty thereto that, at the time such Specified Swap Contract or Cash Management Obligations were entered into or, in the case of a Specified Swap Contract or Cash Management Obligations, as the case may be,
existing on the Closing Date, on the Closing Date, was the Agent, a Joint Lead Arranger, a Lender or an Affiliate or branch of any of the foregoing, regardless of whether any such Person shall thereafter cease to be the Agent, a Joint Lead Arranger,
a Lender or an Affiliate or branch of any of the foregoing and (b) any Cash Management Obligations, any counterparty providing such Cash Management Obligations as of 

  
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the Closing Date that (i) is designated by the Parent Borrower as a “Qualified Counterparty” with respect to such Cash Management Obligations and (ii) delivers to the Agent a
letter agreement reasonably satisfactory to the Agent (A) appointing the Agent as its agent under the applicable Loan Documents and (B) agreeing to be bound by Sections 9.2(b), 9.4, 9.9, 9.10, 9.14 and
9.18 and Section VIII as if such Qualified Counterparty were a Lender. 
 “Qualified ECP Guarantor”: as
defined in the US Guarantee and Collateral Agreement and/or the Canadian Guarantee and Collateral Agreement, as applicable. 

“Qualified IPO”: any transaction whereby, or upon the consummation of which, (i) any direct or indirect parent of the
Parent Borrower’s common Capital Stock are offered or sold (whether through an initial primary public offering or a merger with and into a Person that has consummated an initial primary public offering) pursuant to an effective registration
statement filed with the SEC in accordance with the Securities Act (or to the equivalent registration documents filed with the equivalent authority in the applicable foreign jurisdiction) and/or (ii) the Capital Stock of the Parent Borrower or
any direct or indirect parent thereof become publicly registered on any United States national or Canadian securities exchange through a merger, amalgamation, acquisition or other combination with a “SPAC” or similar entity. 

“Quarterly Pricing Certificate”: as defined in the definition of Applicable Margin. 

“Receivables Assets”: (a) any accounts receivable owed to the Parent Borrower or a Restricted Subsidiary subject to a
Factoring Facility or a Receivables Facility and the proceeds thereof and (b) all chattel paper, general intangibles (or intangibles) and instruments governing, securing or relating to such accounts receivable, all collateral securing such
accounts receivable, all contracts and contract rights, rights under insurance policies, guarantees, supporting obligations or other obligations in respect of such accounts receivable, all records with respect to such accounts receivable and any
other assets, rights and remedies customarily transferred together with accounts receivable in connection with a non-credit related recourse accounts receivable factoring arrangement and which are sold,
conveyed, assigned or otherwise transferred or pledged by the Parent Borrower or its Restricted Subsidiaries to a bank, financial institution or other third party which is party to a Factoring Facility or a Receivables Facility. 

“Receivables Facility”: any supply chain financing arrangements, “reverse factoring” facility or similar program
between the Parent Borrower or a Restricted Subsidiary and a commercial bank, pursuant to which (a) the Parent Borrower or such Restricted Subsidiary, as applicable, agrees to sell to such commercial bank accounts receivable owing by such
customer, together with Receivables Assets related thereto, at a maximum discount, for each such account receivable, not to exceed 5.0% of the face value thereof and (b) the obligations of the Parent Borrower or such Restricted Subsidiary, as
applicable, thereunder are non-recourse (except for Receivables Repurchase Obligations) to the Parent Borrower and such Restricted Subsidiary; provided that (i) such receivables have been removed
from the applicable Borrowing Base and (ii) the Loan Parties shall not participate in more than five (5) such programs and Factoring Facilities (including, for the avoidance of doubt, the Closing Date Factoring Facility) in the aggregate
at any time (with each account debtor (or group of affiliated account debtors) counting as a distinct Receivables Facility or Factoring Facility for purposes of such limitation). 

  
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 “Receivables Facility Undertakings”: representations, warranties,
covenants, agreements and indemnities entered into by the Parent Borrower or any Restricted Subsidiary that are customary in a non-credit related recourse accounts receivable factoring arrangement. 

“Receivables Repurchase Obligation”: any obligation of a seller of Receivables Assets in a Factoring Facility or a
Receivables Facility to compensate the purchaser for non-credit losses, or repurchase such assets, arising as a result of a breach of a Receivables Facility Undertaking, including as a result of a receivable
or portion thereof becoming subject to any asserted defense, dispute, offset or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller. 

“Recovery Event”: any settlement of, or payment in respect of, any property or casualty insurance claim or any condemnation
proceeding relating to any asset of any Group Member. 
 “Reference Rate”: (a) with respect to the Loans comprising each
Eurodollar Borrowing, for each day during each Interest Period with respect thereto, a rate per annum equal to the Adjusted LIBO Rate for the Interest Period in effect for such Borrowing, (b) with respect to any BA Equivalent Rate Loan, for
each day during each Interest Period with respect thereto, a rate per annum equal to the BA Equivalent Rate for the Interest Period in effect for such Borrowing, (c) with respect to any ABR Loan, the Alternate Base Rate, (d) with respect
to any Canadian Base Rate Loan, the Canadian Base Rate, (e) with respect to any Canadian Prime Rate Loan, the Canadian Prime Rate, (f) with respect to any US Swingline Loan, the Alternate Base Rate, (g) with respect to any Canadian
Swingline Loan denominated in US Dollars, the Canadian Base Rate and (h) with respect to any Canadian Swingline Loan denominated in Canadian Dollars, the Canadian Prime Rate. 

“Refinance”: in respect of any Indebtedness, to refinance, extend, renew, defease, amend, modify, supplement, restructure,
refund, replace, exchange or refund or repay, or to issue other Indebtedness, whether of the same principal amount or greater or lesser principal amount, in exchange or replacement for such Indebtedness. “Refinanced” and
“Refinancing” shall have correlative meanings. 
 “Refinancing Indebtedness”: with respect to any
Indebtedness, any other Indebtedness incurred in connection with a Permitted Refinancing of such Indebtedness. 

“Register”: as defined in Section 9.4(b)(iv). 

“Reimbursement Obligation”: the obligation of the applicable Borrower to reimburse each Issuing Bank pursuant to
Section 2.4(e) for amounts drawn under Letters of Credit issued by such Issuing Bank. 
 “Related
Parties”: with respect to any specified Person, such Person’s Affiliates (other than Excluded Affiliates) and the respective directors, officers, employees, partners, members, trustees, managers, controlling persons, agents, advisors
and other representatives of such Person and such Person’s Affiliates (other than Excluded Affiliates) and the respective successors and permitted assigns of each of the foregoing (other than Excluded Affiliates). 

  
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 “Release”: any actual or threatened release, spill, emission, leaking,
dumping, injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration into or through the environment or within any building, structure, facility or fixture. 

“Relevant Governmental Body”: means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee
officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York for the purpose of recommending a benchmark rate to replace LIBOR in loan agreements similar to this Agreement. 

“Relevant Public Company”: Parent Borrower or any direct or indirect parent thereof that is the registrant with respect to a
Qualified IPO. 
 “Relevant Reference Period”: with respect to any action or determination under this Agreement, the Test
Period then most recently ended for which financial statements have been delivered pursuant to Section 5.1(a) or Section 5.1(b) immediately preceding the date on which the action for which such
calculation is being made shall occur or the determination is being made (or, prior to the first delivery of the financial statements pursuant to Section 5.1(a) or Section 5.1(b), the Test Period
ended on or about June 30, 2018). 
 “Rent Reserve”: a reserve established by the Agent (upon at least five
(5) Business Days’ prior written notice to the Borrower Representative) equal to the lesser of (x) two (2) months’ rent and (y) the amount of Eligible Inventory in the most recent Borrowing Base Certificate for such location
in respect of rent payments made by a Loan Party for each distribution center, warehouse or other location (a) that is in a jurisdiction providing lessors with statutory or common law Lien rights on personal property located at such location
securing payment of rent and other charges that prime a previously perfected security interest, (b) that is subject to a lease that grants to the landlord a Lien on property that would otherwise constitute Eligible Inventory which has priority
over the respective Liens on such Collateral created in favor of the Agent or (c) where Inventory of Loan Parties with a book value in excess of $2.5 million (as reported to the Agent by the Borrower Representative from time to time as
requested by the Agent) is located at such distribution center, warehouse or other location, unless, in each case, such location is subject to a Collateral Access Agreement, as adjusted from time to time by the Agent in its Permitted Discretion;
provided, however, that no Rent Reserves will be established for locations acquired in a Permitted Acquisition unless a Collateral Access Agreement has not been delivered to the Agent within fifteen (15) days after the
consummation of such Permitted Acquisition. 
 “Reportable Event”: any of the “reportable events” set
forth in Section 4043(c) of ERISA or the regulations issued thereunder, with respect to a Plan, other than those events as to which notice is waived pursuant to DOL Reg. Part 4043. 

“Required Lenders”: at any time, the holders of more than 50.0% of the Total Revolving Credit Commitments then in effect or,
if the Revolving Credit Commitments have been terminated, the Total Revolving Credit Exposure; provided that the Revolving Credit Exposure and Revolving Credit Commitment of any Defaulting Lender shall be disregarded in making any
determination under this definition. In the event that there are less than three (3) unaffiliated Lenders party to the Loan Documents, the Required Lenders shall be all Lenders; provided, that

  
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if at any time there shall be more than one Lender, there shall be not less than two Lenders (and Affiliates of a Lender shall be deemed to be a single Lender together with such Lender for
purposes of this sentence) that collectively hold the required percentage specified in this definition. 
 “Requirement of
Law”: as to any Person, any law, treaty, rule or regulation or determination of a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its Property or to which such Person or any of its
Property is subject. 
 “Requirement of Tax Law”: as to any Person, any law, treaty, rule or regulation or determination of
an arbitrator or a court or other Governmental Authority relating to Taxes, in each case applicable to or binding upon such Person or any of its Property or to which such Person or any of its Property is subject. 

“Reserves”: reserves, if any, established against the applicable Borrowing Base as the Agent from time to time hereunder
determines is necessary in its Permitted Discretion, including (but without duplication), (i) Rent Reserves, (ii) potential dilution related to Accounts; provided, no Reserves shall be imposed on the first 5% of dilution of Accounts and
thereafter no dilution Reserve shall exceed 1% for each incremental whole percentage in dilution over 5%, (iii) sums that the Loan Parties are or will be required to pay (such as taxes, assessments and insurance premiums) and have not yet paid,
(iv) amounts owing by any Loan Party to any Person to the extent secured by a Lien on, or trust over, any Collateral, (v) the full amount of any liabilities or amounts which rank or are capable of ranking in priority to the Agent’s
Liens (in each case only up to the maximum such amount which ranks or is capable of ranking in priority to the Agent’s Liens) and/or for amounts which may represent costs relating to the enforcement of such Liens including, (a) the
expenses and liabilities incurred by any trustee, receiver, interim receiver, monitor, administrator (or other insolvency officer) and any remuneration of such trustee, receiver, interim receiver, monitor, administrator (or other insolvency
officer), (b) with respect to the Canadian Borrowing Base, amounts due to employees in respect of unpaid wages, payment in lieu of notice and holiday pay or vacation pay (including amounts protected by the Wage Earner Protection Program Act
(Canada)), (c) with respect to the Canadian Borrowing Base, all amounts deducted or withheld and not paid and remitted when due under the ITA, sales tax, goods and services tax, value added tax, harmonized tax, excise tax, tax payable pursuant to
Part IX of the Excise Tax Act (Canada) or similar applicable provincial legislation, government royalties, amounts currently or past due and not paid for realty, municipal or similar taxes, (d) with respect to the Canadian Borrowing Base, all
contributions and other amounts that are due or to be paid by a Loan Party under or with respect to any Canadian Pension Plan (including the amount of any wind-up or solvency deficiency (without duplication)
with respect to a Canadian Defined Benefit Plan that is due and payable), and (e) amounts subject to First Priority Priming Liens of the type described in clause (i) of the definition thereof and (vi) such other events, conditions or
contingencies as to which the Agent, in its Permitted Discretion, determines reserves should be established (without duplication of any reserves established pursuant to foregoing clauses (i) through (v)) from time to time hereunder. 

“Responsible Officer”: as to any Person, the chief executive officer, president, chief financial officer, chief accounting
officer or treasurer of such Person, but in any event, with respect to financial matters, the chief financial officer, chief accounting officer or treasurer of such Person. Unless otherwise qualified, all references to a “Responsible
Officer” shall refer to a Responsible Officer of the Parent Borrower. 

  
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 “Restricted Cash”: cash and Cash Equivalents held by Restricted
Subsidiaries that is contractually restricted from being distributed to the Parent Borrower; provided, that (i) cash and Cash Equivalents restricted under the Loan Documents, the First Lien Notes Documents, any agreement, document or
instrument evidencing other Indebtedness that is secured by a lien on the Collateral along with the Obligations and the First Lien Obligations or any Factoring Facility shall not be deemed to be “Restricted Cash” as a result of such
restrictions and (ii) cash and Cash Equivalents maintained by any Foreign Subsidiary that is subject to minority shareholder approval before being distributed to the Parent Borrower (a “Shareholder Restriction”) shall not be
deemed to be “Restricted Cash” as a result of such Shareholder Restriction. 
 “Restricted Payments”: any
dividend or other distribution (whether in cash, securities or other property) with respect to any Capital Stock of Holdings, Parent Borrower or any of its Restricted 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 on account of any return of capital to Holdings, the Parent
Borrower’s or its Restricted Subsidiary’s stockholders, partners or members (or the equivalent Persons thereof). 

“Restricted Subsidiary”: any Subsidiary of the Parent Borrower other than an Unrestricted Subsidiary. For the avoidance of
doubt, each Borrower (other than the Parent Borrower) is as of the date hereof and shall remain for all purposes of this Agreement a Restricted Subsidiary. 

“Returns”: with respect to any Investment, any dividends, distributions, interest, fees, premium, return of capital,
repayment of principal, income, profits (from a Disposition or otherwise) and other amounts received or realized in respect of such Investment, in each case only to the extent received or realized in cash or Cash Equivalents. 

“Revolving Credit Borrowing”: a Borrowing comprised of Revolving Credit Loans. 

“Revolving Credit Commitments”: the US Revolving Credit Commitments and the Canadian Revolving Credit Commitments. The
aggregate amount of the Revolving Credit Commitments (i) on the Closing Date is $100 million, (ii) on the Second Amendment Effective Date, after giving effect to the 2020 Incremental Revolving Commitments, is $125 million and
(iii) on the Fourth Amendment Effective Date, after giving effect to the 2020-B Incremental Revolving Commitments, is $150 million. 

“Revolving Credit Exposure”: as of any date of determination, shall be the sum of such Lender’s US Revolving Credit
Exposure and Canadian Revolving Credit Exposure as of such date. 
 “Revolving Credit Facility” or
“Facility”: each of (i) the US Revolving Credit Commitments and the extensions of credit made thereunder (the “US Revolving Credit Facility”), as the same may be increased pursuant to
Section 2.20 and/or extended pursuant to Section 2.22, (ii) the Canadian Revolving Credit Commitments and the extensions of credit 

  
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made thereunder (the “Canadian Revolving Credit Facility”), as the same may be increased pursuant to Section 2.20 and/or extended pursuant to
Section 2.22, (iii) each Class of Incremental Revolving Commitments, and (iv) each Class of Extended Revolving Credit Commitment. 

“Revolving Credit Lender”: at any time, any Person that holds (a) a Revolving Credit Commitment (including any Extended
Revolving Credit Commitment or Incremental Revolving Commitment (including the 2018 Incremental Revolving Commitments, the 2020 Incremental Revolving Commitments and the 2020-B Incremental Revolving
Commitments)) or (b) a Revolving Credit Loan and any other Person that shall have become a party hereto as a Revolving Credit Lender pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto as a
Revolving Credit Lender pursuant to an Assignment and Assumption. The Revolving Credit Lenders on the Closing Date shall be set forth on Schedule 2.1. 

“Revolving Credit Loan”: a US Revolving Credit Loan or a Canadian Revolving Credit Loan. 

“S&P”: Standard & Poor’s Financial Services LLC, a subsidiary of S&P Global Inc., or any successor by
merger or consolidation to its business. 
 “Sale and Leaseback Transaction”: as defined in
Section 6.10. 
 “Sanctions”: as defined in Section 3.19(b). 

“SEC”: the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions or
exercising analogous functions. 
 “Second Amendment”: that certain Second Amendment to ABL Credit Agreement, dated as of
the Second Amendment Effective Date, by and among Holdings, the Parent Borrower, the other US Borrowers party thereto, the Lenders party thereto and the Agent. 

“Second Amendment Effective Date”: has the meaning set forth in the Second Amendment. 

“Secured Parties”: the “Secured Parties” (as defined in the US Guarantee and Collateral Agreement) and the
“Secured Parties” (as defined in the Canadian Guarantee and Collateral Agreement). 
 “Securities Act”: the
Securities Act of 1933. 
 “Security Documents”: the collective reference to the US Security Documents, the Canadian
Security Documents, and all other security documents entered into pursuant to this Agreement or any other Loan Document delivered to the Agent granting a Lien on any Property of any Loan Party to secure any Obligations. 

“Seller”: as defined in the recitals hereto. 

  
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 “Single Employer Plan”: any Plan that is covered by Title IV of ERISA, but
which is not a Multiemployer Plan. 
 “SOFR”: with respect to any day means the secured overnight financing rate published
for such day by the Federal Reserve Bank of New York, as the administrator of the benchmark (or a successor administrator) on the Federal Reserve Bank of New York’s website (or any successor source) and, in each case, that has been selected or
recommended by the Relevant Governmental Body. 
 “SOFR-Based Rate”: SOFR or Term SOFR. 

“Solvent” or “Solvency”: with respect to Holdings on the Closing Date, after giving effect to the
Transactions and the incurrence of the debt and obligations being incurred in connection therewith, that on such date (i) the sum of the debt (including contingent liabilities) of Holdings and its Subsidiaries, taken as a whole, does not exceed
the present fair saleable value (on a going concern basis) of the assets of Holdings and its Subsidiaries, taken as a whole; (ii) the capital of Holdings and its Subsidiaries, taken as a whole, is not unreasonably small in relation to the
business of Holdings and its Subsidiaries, taken as a whole, contemplated as of the Closing Date; and (iii) Holdings and its Subsidiaries, taken as a whole, do not intend to incur, or believe that they will incur, debts including current
obligations beyond their ability to pay such debt as they mature in the ordinary course of business. For the purposes hereof, the amount of any contingent liability at any time shall be computed as the amount that, in light of all of the facts and
circumstances existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under Statement of Financial
Accounting Standard No. 5). 
 “Specified ABL Default”: any Event of Default under
(a) Section 7.1(a), (b) Section 7.1(b) (solely as a result of a breach of representations or warranties with respect to either Borrowing Base), (c) Section 7.1(c)(i), (d)
Section 7.1(c)(ii)(F) (solely as a result of a breach of Section 6.1 (but subject to Section 7.2)), (e) Section 7.1(c)(ii) (solely as a result of
a failure to comply with the cash management procedures pursuant to Section 2.21) or (f) Section 7.1(f). 

“Specified Accounts”: Accounts that remain outstanding ninety (90) or more days after the original invoice date but less
than one hundred twenty (120) days after the original invoice date thereof. 
 “Specified Availability”: as of any
date of determination, (a) Availability plus (b) the amount (if any, and not to be less than zero) by which (i) the Aggregate Borrowing Base exceeds (ii) the Total Revolving Credit Commitments, in each case as of such
date; provided that the amount attributable to clause (b) shall not exceed 2.55.0% of the Total Revolving Credit Commitment. 

“Specified Eligible Inventory”: collectively, (a) Eligible In-Transit Inventory,
(b) Eligible Home Depot Consigned Inventory and (c) Eligible Other Consigned Inventory. 
 “Specified Event of
Default”: any Event of Default under Section 7.1(a) or Section 7.1(f). 

  
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 “Specified Prepayment”: as defined in
Section 6.8. 
 “Specified Purchase Agreement Representations”: the representations made by or
with respect to the Parent Borrower in the Purchase Agreement as are material to the interests of the Lenders, but only to the extent that Holdings or its Affiliates have the right (determined without regard to any notice provisions but taking into
account any applicable cure provisions) to terminate Holdings’ or its Affiliates’ obligations under the Purchase Agreement or decline to consummate the Acquisition as a result of a breach of such representations in the Purchase Agreement.

 “Specified Representations”: the representations and warranties with respect to the Parent Borrower and the Guarantors
set forth in this Agreement under (i) the first two sentences and the last two sentences of Section 3.4; (ii) Section 3.5 (but only in respect of violations or defaults under Organizational Documents of the Loan
Parties); (iii) Section 3.10; (iv) Section 3.12; (v) Section 3.17 (subject to Permitted Liens and the Funds Certain Provisions); (vi)
Section 3.18; (vii) Section 3.19(a)(ii) and (iii); (viii) Section 3.19(b)(ii); and (ix) Section 3.19(c). 

“Specified Swap Contract”: any US Specified Swap Contract or any Canadian Specified Swap Contract. 

“Sponsor”: any of Madison Dearborn
Partners, LLCThe Resolute Fund V, L.P. and any of
its Affiliates, and funds or partnerships managed or advised by any of them or any of their respective Affiliates but not including, however, any portfolio company of any of the foregoing. 

“Sponsor Associate”: any managing director, general partner, limited partner, director, officer or employee of the Sponsor.

 “Sponsor Management Agreement”: a management services agreement or similar agreement among the Sponsor or certain of the
management companies associated with the Sponsor or its advisors, if applicable, and one or more Loan Parties (and/or any of their direct or indirect parent companies). 

“Spot Rate”: for a currency means the rate determined by the Agent or an Issuing Bank, as applicable, to be the rate quoted
by the Person acting in such capacity 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 one Business Day prior to the
date as of which the foreign exchange computation is made; provided that the Agent or an Issuing Bank may obtain such spot rate from another financial institution designated by the Agent or an Issuing Bank 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 an Issuing Bank 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 an Canadian Dollars. 
 “Statutory Reserve Rate”: a fraction (expressed as a decimal), the numerator
of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentage (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to
which the Agent is subject with respect to the Adjusted LIBO Rate, for Eurodollar funding (currently referred to as “Eurodollar 

  
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Liabilities” in Regulation D of the Board). Such reserve percentage shall include those imposed pursuant to such Regulation D. Eurodollar Loans shall be deemed to constitute
Eurodollar funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The
Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 

“Subordinated Intercompany Notes”: the Subordinated Intercompany Note attached as Exhibit B to the US Guarantee and
Collateral Agreement. 
 “Subsequent Required Guarantor”: as defined in Section 5.9(c). 

“Subsidiary”: as to any Person, a corporation, partnership, limited liability company, unlimited liability company or other
entity of which shares of stock or other ownership interests having ordinary voting power (other than stock or such other ownership interests having such power only by reason of the happening of a contingency) to elect a majority of the Board of
Directors of such corporation, partnership or other entity are at the time owned, or the management of which is otherwise controlled, directly or indirectly, through one or more intermediaries, or both, by such Person. Unless otherwise qualified,
all references to a “Subsidiary” or to “Subsidiaries” in this Agreement shall refer to a Subsidiary or Subsidiaries of the Parent Borrower. 

“Subsidiary Guarantor”: collectively or individually as the context may require, a Canadian Subsidiary Guarantor and/or a US
Subsidiary Guarantor. 
 “Successor Parent Borrower”: as defined in Section 6.4(g). 

“Supermajority Required Lenders”: at any time, the holders of more than 66.67% of the Total Revolving Credit Commitments then
in effect or, if the Revolving Credit Commitments have been terminated, the Total Revolving Credit Exposure; provided that the Revolving Credit Exposure and Revolving Credit Commitment of any Defaulting Lender shall be disregarded in making
any determination under this definition. In the event that there are less than three (3) unaffiliated Lenders party to the Loan Documents, the Supermajority Required Lenders shall be all Lenders. 

“Swap Contract”: (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. 

  
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 “Swap Obligation”: with respect to any Loan Party, any obligation to pay or
perform under any agreement, contract or transaction that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act. 

“Swap Termination Value”: 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). 

“Swingline Borrowing”: a request for Swingline Loans. 

“Swingline Exposure”: as to any Revolving Credit Lender, its aggregate Canadian Swingline Exposure and US Swingline Exposure.

 “Swingline Lender”: the Canadian Swingline Lender or the US Swingline Lender, or both, as the context may require. 

“Swingline Loan”: a Canadian Swingline Loan or a US Swingline Loan or both, as the context may require. 

“Swingline Obligations”: as of any date of determination, the aggregate principal amount of all Swingline Loans outstanding.

 “Swingline Sublimit”: the US Swingline Sublimit or the Canadian Swingline Sublimit, as applicable. The Swingline
Sublimit is part of, and not in addition to, the Revolving Credit Commitments. 
 “Target”: as defined in the preamble.

 “Target Person”: as defined in Section 6.7. 

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

“Term Loan Credit Agreement”: the Term Loan Credit Agreement, dated as of October 1, 2018 among Holdings, the Parent
Borrower, the other borrowers party thereto from time to time, the lenders party thereto from time to time, the Term Loan Agent (as defined therein) and the other agents party thereto, which Term Loan Credit Agreement was refinanced on the Third
Amendment Effective Date with the proceeds of the First Lien Notes issued under the First Lien Indenture. 

  
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 “Term SOFR” means the forward-looking term rate for any period that is
approximately (as reasonably determined by the Agent in good faith, in consultation with the Borrower Representative) as long as any of the Interest Period options set forth in the definition of “Interest Period” and that is based on SOFR
and that has been selected or recommended by the Relevant Governmental Body, in each case as published on an information service as selected by the Agent from time to time in its reasonable discretion. 

“Test Period”: on any date of determination,
at the option of the Borrower Representative, either (x) the
period of four consecutive Fiscal Quarters of the Parent Borrower then most recently ended for which financial statements have been delivered, taken as one accounting period.
or (y) the period of four consecutive Fiscal Quarters of the Parent Borrower then most recently ended for which
financial statements are internally available (as determined in good faith by the Borrower Representative), provided that, with respect to calculations of the Fixed Charge Coverage Ratio or the satisfaction of the Payment Conditions, “Test
Period” shall be defined solely to mean clause (x) of this definition. 

“Total Canadian Revolving Credit Exposure”: as of any date of determination, the US Dollar Equivalent of the aggregate
amount of the Canadian Revolving Credit Exposure of all Revolving Credit Lenders outstanding at such time. 
 “Total Revolving
Credit Commitments”: as of any date of determination, the aggregate amount of the Revolving Credit Commitments (including, without limitation, the 2020 Incremental Revolving Commitments and the 2020-B
Incremental Revolving Commitments) then in effect. The Total Revolving Credit Commitments (i) on the Closing Date are $100 million, (ii) on the Second Amendment Effective Date, after giving effect to the 2020 Incremental Revolving
Commitments, are $125 million and (iii) on the Fourth Amendment Effective Date, after giving effect to the 2020-B Incremental Revolving Commitments, are $150 million. 

“Total Revolving Credit Exposure”: as of any date of determination, the aggregate amount of the Revolving Credit Exposure of
all Lenders outstanding as of such date. 
 “Total US Revolving Credit Exposure”: as of any date of determination, the US
Revolving Credit Exposure of all US Revolving Credit Lenders outstanding at such time. 
 “Trailing Four Quarter Consolidated
EBITDA”: Consolidated EBITDA for the most recently ended Relevant Reference Period (determined on a Pro Forma Basis in accordance with Section 1.5). 

“Transaction Costs”: all fees (including OID), costs and expenses incurred by any Group Member in connection with the
Transactions. 
 “Transactions”: the collective reference to (a) the Acquisition and other related transactions
contemplated by the Purchase Agreement (including, for the avoidance of doubt, any entity formation, capital contribution, incurrence or extinguishment of intercompany debt, 

  
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amalgamation (including, without limitation, the Amalgamation) or other transactions that are necessary to effectuate the transactions specifically contemplated by the Purchase Agreement), (b)
the execution, delivery and performance by Holdings, the Parent Borrower, the Borrower Representative and each other Loan Party of this Agreement and each other Loan Document required to be delivered hereunder, the borrowing of Loans and the use of
the proceeds thereof, (c) the execution, delivery and performance by Holdings, the Parent Borrower, the Borrower Representative and each other Loan Party of the Term Loan Credit Agreement and each other Term Loan Document required to be
delivered thereunder, the borrowing of Term Loans and the use of the proceeds thereof, (d) the Closing Date Refinancing and (e) the payment of the Transaction Costs. 

“Type”: when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the Loans
comprising such Borrowing, is determined by reference to the Adjusted LIBO Rate, the BA Equivalent Rate, the Alternate Base Rate, the Canadian Prime Rate or the Canadian Base Rate. 

“UCC” or “Uniform Commercial Code”: the Uniform Commercial Code as the same may from time to time be in
effect in the State of New York or the Uniform Commercial Code (or similar code or statute) of another United States jurisdiction, to the extent it may be required to apply to any item or items of Collateral. 

“UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form time
to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes
certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 
 “United
States” and “US”: the United States of America. 
 “Unrestricted Cash”: cash and Cash Equivalents
that do not constitute Restricted Cash. 
 “Unrestricted Subsidiary”: any Subsidiary of the Parent Borrower designated by
the Board of Directors of the Parent Borrower as an Unrestricted Subsidiary pursuant to Section 5.13 subsequent to the date hereof, until such Person ceases to be an Unrestricted Subsidiary of the Parent Borrower in accordance with
Section 5.13. 
 “US Acquired Asset Borrowing Base”: as defined in the definition of US Borrowing
Base. 
 “US Availability”: the amount equal to the US Line Cap minus US Revolving Credit Exposure. 

“US Availability Allocated Amount”: as of any date of determination, the amount of US Availability designated by the Borrower
Representative that is included in the calculation of the Canadian Borrowing Base. 

  
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 “US Borrower”: the Parent Borrower, US Lumber and each Additional US
Borrower. 
 “US Borrowing Base”: as of any date of calculation, the amount calculated as the “US Borrowing Base”
pursuant to the Borrowing Base Certificate most recently delivered to the Agent in accordance with Section 5.2(c), equal to, without duplication, the sum of: 

(a) the lesser of (i) 85% of the NOLV of Eligible Inventory of each US Loan Party and (ii) 75% of the average cost of Eligible Inventory of
each US Loan Party (which, in the case of both clauses (i) and (ii), shall take into account purchase price variances and shrinkage); plus 

(b) 85% of the Eligible Accounts of each US Loan Party; plus 

(c) 100% of Eligible Cash of each US Loan Party; minus 

(d) the US Availability Allocated Amount; minus 

(e) the Eligible Reserves on the US Borrowing Base. 

Notwithstanding the foregoing, any Eligible Inventory and Eligible Accounts acquired by any US Loan Party in a Permitted Acquisition may be
immediately included in the US Borrowing Base notwithstanding that the Agent has not completed a reasonably satisfactory field examination and inventory appraisal in respect of such Eligible Inventory and Eligible Accounts subject to the following
limitations (which shall not apply to the extent such acquired Eligible Inventory and Eligible Accounts contribute an amount less than 10% of the US Borrowing Base prior to giving effect to any such acquired Eligible Inventory and Eligible
Accounts): the portion of the US Borrowing Base that may be attributable to such acquired Eligible Inventory and Eligible Accounts shall be limited to the lesser of (a) 20% of the US Borrowing Base (after giving effect to the inclusion of such
acquired Eligible Inventory and Eligible Accounts) and (b) for each Borrowing Base Certificate that is delivered on or after the date that such Permitted Acquisition is consummated and prior to the date that is ninety (90) days after the
date such Permitted Acquisition is consummated, the US Borrowing Base shall include the sum of (x) 70% of the Eligible Accounts acquired in such Permitted Acquisition and (y) 70% of the NOLV of the Eligible Inventory acquired in such Permitted
Acquisition and (ii) for each subsequent Borrowing Base Certificate that is delivered on or after the date that is ninety (90) days after such Permitted Acquisition is consummated and on or before the date that is one hundred eighty
(180) days after such Permitted Acquisition is consummated (or such later date that as may be agreed to by the Agent in its Permitted Discretion), the US Borrowing Base shall include the sum of (x) 55% of the Eligible Accounts acquired in such
Permitted Acquisition and (y) 55% of the NOLV of the Eligible Inventory acquired in such Permitted Acquisition ((i) or (ii), as applicable, the “US Acquired Asset Borrowing Base”). To the extent that the Agent has not completed, at
the Borrowers’ expense, a field examination and inventory appraisal reasonably satisfactory to the Agent within one hundred eighty (180) days of the acquisition of such Eligible Inventory and Eligible Accounts (or such longer period as the
Agent may reasonably agree) such Inventory and Accounts will cease to be eligible for inclusion in the US Borrowing Base. The Agent shall have the right (but not the obligation) to review such computations and if the Agent shall have reasonably
determined in its Permitted Discretion that such computations have not been calculated in accordance with the terms of this Agreement, the Agent shall have the right to 

  
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correct any such errors. For the avoidance of doubt, prior to the date of closing of any such Permitted Acquisition, no portion of the US Acquired Asset Borrowing Base shall be included in the US
Borrowing Base for purposes of determining the US Line Cap for purposes of a Borrowing. 
 “US Cash Management
Obligations”: obligations owed by any US Loan Party to any Qualified Counterparty in respect of or in connection with Cash Management Services and designated by such Qualified Counterparty and the Borrower Representative in writing to the
Agent as a “Cash Management Obligation”. All Obligations of any us Loan Party in respect of agreements existing on the Closing Date relating to Cash Management Services between the Agent (or any of its Affiliates), on the one hand,
and any US Loan Party, on the other hand, shall constitute US Cash Management Obligations hereunder. 
 “US Collateral”:
the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) the US Loan Parties. 

“US Dollar Equivalent”: on any date of determination, (a) with respect to any amount in US Dollars,
such amount and (b) with respect to any amount in a Foreign Currency, the equivalent in US Dollars of such amount, determined by the Agent using the Spot Rate with respect to such Foreign Currency at the time in effect for such amount. 

“US Dollars” and “$”: lawful currency of the United States. 

“US Guarantee and Collateral Agreement”: the US ABL Guarantee and Collateral Agreement among Holdings, each US Borrower, each
US Subsidiary Guarantor and the Agent, substantially in the form of Exhibit A-1. 

“US IP Security Agreements”: the collective reference to each Intellectual Property Security Agreement required to be entered
into and delivered pursuant to the terms of this Agreement and the Security Documents with respect to Intellectual Property of the US Loan Parties registered in the United States, in substantially the form of Exhibit A to the US Guarantee and
Collateral Agreement. 
 “US LC Exposure”: as defined in the definition of “LC Exposure”. 

“US LC Sublimit”: an amount equal to $15 million, as such amount may be increased from time to time in accordance with
Section 2.20 or Section 9.2(i). The US LC Sublimit is part of, and not in addition to, the US Revolving Credit Commitments. 

“US Lender Percentage”: with respect to any US Revolving Credit Lender, the percentage of the total US Revolving Credit
Commitments represented by such Lender’s US Revolving Credit Commitment. If the US Revolving Credit Commitments have terminated or expired, the US Percentages shall be determined based upon the US Revolving Credit Commitments most recently in
effect, giving effect to any assignments. The US Percentage shall be adjusted appropriately, as determined by the Agent, in accordance with Section 2.22(c) to disregard the US Revolving Credit Commitment of Defaulting
Lenders. 

  
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 “US Letter of Credit”: any Letter of Credit issued hereunder for the
account of a US Borrower. 
 “US Line Cap”: at any time, the lesser of (i) 100% (or, during an Agent Advance Period, 110%)
of the US Borrowing Base at such time and (ii) the Total Revolving Credit Commitments in effect at such time minus the Total Canadian Revolving Credit Exposure at such time. 

“US Loan Party”: any US Borrower or US Subsidiary Guarantor. 

“US Lumber”: as defined in the preamble hereto. 

“US Obligations”: the unpaid principal of and interest on (including interest accruing after the maturity of the Loans and
Reimbursement Obligations and interest accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to the US Borrowers, whether or not a claim for post-filing or
post-petition interest is allowed or allowable in such proceeding) the Loans, the Reimbursement Obligations and all other obligations and liabilities of the US Loan Parties to the Agent or to any Lender, any Issuing Bank or any Qualified
Counterparty, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, this Agreement, any other Loan Document, the US Letters of Credit or
any US Specified Swap Contract, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs or expenses (including all fees, charges and disbursements of counsel to the Joint Lead Arrangers, to the Agent or to any
Lender that are required to be paid by the US Borrowers pursuant hereto), and any US Cash Management Obligations; provided, that (i) obligations of the Parent Borrower or any other US Loan Party under any US Specified Swap Contract or
any US Cash Management Obligations shall be secured and guaranteed pursuant to the US Security Documents only to the extent that, and for so long as, the other US Obligations are so secured and guaranteed (except as otherwise contemplated by
Section 7.3) and (ii) any release of US Collateral or Holdings or US Subsidiary Guarantors effected in the manner permitted by this Agreement or any US Security Document shall not require the consent of holders of
obligations under US Specified Swap Contract or holders of any US Cash Management Obligations. Notwithstanding the foregoing, “US Obligations” of any US Loan Party shall not include any Excluded Swap Obligation of such US Loan
Party. 
 “US Person”: any Person that is a “United States person” as defined in Section 7701(a)(30)
of the Code. 
 “US Revolving Credit Borrowing”: a Borrowing comprised of US Revolving Credit Loans. 

“US Revolving Credit Commitments”: as to any US Revolving Credit Lender, the obligation of such Lender, if any, to make US
Revolving Credit Loans pursuant to Section 2.1(a) (including any obligation to make Revolving Credit Loans pursuant to the 2020 Incremental Revolving Commitments or the 2020-B Incremental Revolving
Commitments), to participate in Letters of Credit pursuant to Section 2.4 and to participate in US Swingline Loans pursuant to Section 2.23, expressed as an amount representing the maximum
aggregate permitted amount of 

  
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such US Revolving Credit Lender’s Revolving Credit Exposure hereunder, in an aggregate principal and/or face amount not to exceed the amount set forth under the heading “US Revolving
Credit Commitment” opposite such Lender’s name on Schedule 2.1 or, as the case may be, in the Assignment and Assumption pursuant to which such US Revolving Credit Lender became a party hereto, in each case as the same may be
changed from time to time pursuant to the terms hereof. 
 “US Revolving Credit Exposure”: as of any date of determination,
shall be the sum of such Lender’s US Revolving Credit Loans, its US LC Exposure and its US Swingline Exposure as of such date. 

“US Revolving Credit Facility”: as defined in the definition of the term “Revolving Credit Facility”. 

“US Revolving Credit Lender”: a Revolving Credit Lender with a US Revolving Credit Commitment or that is a holder of US
Revolving Credit Loans. 
 “US Revolving Credit Loan”: a Loan made by a US Revolving Credit Lender to a US Borrower
pursuant to Section 2.1(a), any US Swingline Loans made pursuant to Section 2.23 and any Loan made by a US Revolving Credit Lender pursuant to an Extended Revolving Credit Commitment or Incremental
Revolving Commitment. Each US Revolving Credit Loan (other than a US Swingline Loan) shall be an ABR Loan or a Eurodollar Loan. 

“US Secured Parties”: the Secured Parties holding the US Obligations. 

“US Security Documents”: the collective reference to (a) the US Guarantee and Collateral Agreement, (b) the US IP
Security Agreements, and (c) all other security documents governed by the laws of the United States or any state or other political sub-division thereof hereafter delivered to the Agent granting a Lien on
any Property of any US Loan Party to secure any Obligations. 
 “US Specified Swap Contract”: any Swap Contract entered
into or assumed by any US Loan Party and any Qualified Counterparty and designated by such Qualified Counterparty and the Borrower Representative in writing to the Agent as a “Specified Swap Contract”. 

“US Subsidiary Guarantor”: each direct and indirect Wholly-Owned Subsidiary that is a Domestic Subsidiary of the Parent
Borrower, other than an Excluded Subsidiary (but including any Discretionary Guarantor). 
 “US Swingline Exposure”: at any
time, with respect to any US Revolving Credit Lender, shall be the sum of such Lender’s participation obligations with respect to US Swingline Loans under Section 2.23(b). 

“US Swingline Lender”: Bank of America, in its capacity as lender of US Swingline Loans hereunder. 

“US Swingline Sublimit”: an amount equal to, the lesser of (i) $13.5 million and (ii) the US Line Cap at such time.

  
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 “US Swingline Loan”: a Loan made by the US Swingline Lender pursuant to
Section 2.23(a). 
 “US Target”: as defined in the recitals hereto. 

“US Tax Compliance Certificate”: as defined in Section 2.16(e)(ii)(B)(3). 

“Weighted Average Life to Maturity”: when applied to any Indebtedness at any date, the number of years obtained by dividing:
(i) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund, serial maturity or other required payments of principal (excluding nominal amortization), including payment at final
maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment; by (ii) the then outstanding
principal amount of such Indebtedness; provided that AHYDO payments and the effects of any reductions in scheduled amortization or other scheduled payments as a result of any prior prepayment of the applicable Indebtedness shall be
disregarded. 
 “Wholly-Owned”: as to any Person, any Subsidiary of such Person all of the Capital Stock of which (other
than (a) directors’ qualifying shares and (b) nominal shares issued to foreign nationals to the extent required by applicable Requirements of Law) is owned by such Person directly and/or through other Wholly-Owned Subsidiaries. 

“Withholding Agent”: any Loan Party or the Agent, as applicable. 

“Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and
conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any
other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that
Bail-In Legislation that are related to or ancillary to any of those powers. 
 Section 1.2.
Other Definitional Provisions. 
 (a) Unless otherwise specified therein, all terms defined in this Agreement shall have the defined
meanings when used in the other Loan Documents or any certificate or other document made or delivered pursuant hereto or thereto. 

  
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 (b) As used herein and in the other Loan Documents, unless otherwise specified herein or in
such other Loan Document: 
 (i) the words “hereof”, “herein” and
“hereunder” and words of similar import when used in any Loan Document shall refer to such Loan Document as a whole and not to any particular provision of thereof; 

(ii) Section, Schedule and Exhibit references refer to (A) the appropriate Section, Schedule or Exhibit in this Agreement
or (B) to the extent such references are not present in this Agreement, to the Loan Document in which such reference appears; 

(iii) the words “include”, “includes” and “including” shall be deemed to be followed by the
phrase “without limitation”; 
 (iv) the word “will” shall be construed to have the same meaning and
effect as the word “shall”; 
 (v) the word “incur” shall be construed to mean incur, create, issue,
assume or become liable in respect of or suffer to exist (and the words “incurred” and “incurrence” shall have correlative meanings); 

(vi) unless the context requires otherwise, the word “or” shall be construed to mean “and/or”; 

(vii) unless the context requires otherwise, (A) any reference to any Person shall be construed to include such
Person’s legal successors and permitted assigns, (B) any reference to any law or regulation shall refer to such law or regulation as amended, modified or supplemented from time to time, and any successor law or regulation, (C) the
words “asset” and “property” shall be construed to have the same meaning and effect and (D) references to agreements (including this Agreement) or other Contractual Obligations shall be deemed to refer to such
agreements or Contractual Obligations as amended, restated, amended and restated, supplemented, Refinanced or otherwise modified from time to time (in each case, to the extent not otherwise prohibited hereunder); and 

(viii) terms not otherwise defined herein and that are defined in the UCC or PPSA, as applicable, shall have the meanings
therein defined. 
 (c) 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”. 

(d) The meanings given to terms defined herein shall be equally applicable to both the singular and plural forms of such terms. 

(e) The expressions “payment in full”, “paid in full” and any other similar terms or phrases when used herein with respect
to the Obligations shall mean the payment in full, in immediately available funds, of all of the Obligations (excluding Obligations in respect of any Specified Swap Contracts, Cash Management Obligations and contingent reimbursement and
indemnification obligations, in each case, that are not then due and payable) and the expiration or termination of all undrawn Letters of Credit (or Cash Collateralization (in a manner consistent with Section 2.4(j)) or
provision of backstop letters of credit (in a manner reasonably satisfactory to the relevant Issuing Bank) with respect thereto). 

  
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 (f) All references to “in the ordinary course of business” of any Borrower or any
Subsidiary thereof means (i) in the ordinary course of business of, or in furtherance of an objective that is in the ordinary course of business of any Borrower or such Subsidiary, as applicable, (ii) customary and usual in the industry or
industries of the Borrowers and their Subsidiaries in the United States, Canada or any other jurisdiction in which the Borrowers or any Subsidiary does business, as applicable, or (iii) generally consistent with the past or current practice of
the Borrowers or such Subsidiary, as applicable, or any similarly situated businesses in the United States, Canada or any other jurisdiction in which the Borrowers or any Subsidiary does business, as applicable. 

(g) Unless otherwise specified, all times specified in this Agreement or any other Loan Document shall be New York City time. 

(h) Any reference herein to a merger, transfer, consolidation, amalgamation, consolidation, assignment, sale, disposition or transfer, or
similar term, shall be deemed to apply to a division of or by a limited liability company, or an allocation of assets to a series of a limited liability company (or the unwinding of such a division or allocation), as if it were a merger, transfer,
consolidation, amalgamation, consolidation, assignment, sale or transfer, or similar term, as applicable, to, of or with a separate Person. Any division of a limited liability company shall constitute a separate Person hereunder (and each division
of any limited liability company that is a Subsidiary, Restricted Subsidiary, Unrestricted Subsidiary, joint venture or any other like term shall also constitute such a Person or entity), and to the extent any covenant in any Loan Document is
applicable to such limited liability company immediately prior to such division, such covenant shall apply to any Person resulting from such division immediately after such division. For the avoidance of doubt, for purposes of
Section 5.9, any Person resulting from such division of a Restricted Subsidiary constitutes a new Restricted Subsidiary that is created or acquired after the Closing Date. 

(i) For purposes of any Collateral located in the Province of Quebec or charged by any deed of hypothec (or any other Loan Document) and for
all other purposes pursuant to which the interpretation or construction of a Loan Document may be subject to the laws of the Province of Quebec or a court or tribunal exercising jurisdiction in the Province of Quebec, (i) “personal
property” shall be deemed to include “movable property”, (ii) “real property” shall be deemed to include “immovable property”, (iii) “tangible property” shall be deemed to include “corporeal
property”, (iv) “intangible property” shall be deemed to include “incorporeal property”, (v) “security interest” and “mortgage” shall be deemed to include a “hypothec”, (vi) all references to
filing, registering or recording under the UCC or the PPSA shall be deemed to include publication under the Civil Code of Quebec, (vii) all references to “perfection” of or “perfected” Liens shall be deemed to include a
reference to the “opposability” of such Liens to third parties, (viii) any “right of offset”, “right of setoff” or similar expression shall be deemed to include a “right of compensation”, (ix)
“goods” shall be deemed to include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (x) an “agent” shall be deemed to include a “mandatary”,
(xi) “gross negligence or willful misconduct” shall be deemed to include “gross or intentional fault” and (xii) all references to “foreclosure” or similar 

  
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terms shall be deemed to include the “exercise of a hypothecary right”. The parties hereto confirm that it is their wish that this Agreement and any other document executed in
connection with the transactions contemplated herein be drawn up in the English language only and that all other documents contemplated thereunder or relating thereto, including notices, may also be drawn up in the English language only. Les
parties aux présentes confirment que c’est leur volonté que cette convention et les autres documents de crédit soient rédigés en langue anglaise seulement et que tous les documents, y compris tous avis,
envisagés par cette convention et les autres documents peuvent être rédigés en langue anglaise seulement. 

Section 1.3. Classification of Loans and Borrowings. For purposes of this Agreement, Loans may be classified and referred to by
Class (e.g., a “Revolving Credit Loan”) or by Type (e.g., a “Eurodollar Loan”) or by Class and Type (e.g., a “Eurodollar Revolving Credit Loan”). Borrowings also may be classified and referred
to by Class (e.g., a “Revolving Credit Borrowing”) or by Type (e.g., a “Eurodollar Borrowing”) or by Class and Type (e.g., a “Eurodollar Revolving Credit Borrowing”). 

Section 1.4. Accounting Terms; GAAP. Except as otherwise expressly provided herein, all terms of an accounting or financial
nature shall be construed in accordance with GAAP, as in effect from time to time (provided, that (i) notwithstanding anything to the contrary herein, all accounting or financial terms used herein shall be construed, and all financial
computations pursuant hereto shall be made, without giving effect to any election under Statement of Financial Accounting Standards 159 (or any other Financial Accounting Standard having a similar effect) to value any Indebtedness or other
liabilities of Holdings or any Subsidiary at “fair value”, as defined therein and (ii) for purposes of determinations of the Consolidated Fixed Charge Coverage Ratio, GAAP shall be construed as in effect on the Closing Date).
In the event that any Accounting Change shall occur and such change results in a change in the method of calculation of financial covenants, standards or terms in this Agreement, then upon the written request of the Borrower Representative or the
Agent, Borrower Representative, the Agent and the Lenders shall enter into good faith negotiations in order to amend such provisions of this Agreement so as to equitably reflect such Accounting Change with the desired result that the criteria for
evaluating the Parent Borrower’s financial condition shall be the same after such Accounting Change as if such Accounting Change had not occurred; provided, that such Accounting Change shall be disregarded for purposes of this Agreement
until the effective date of such amendment. “Accounting Change” refers to (i) any change in accounting principles required by the promulgation of any rule, regulation, pronouncement or opinion by the Financial Accounting
Standards Board of the American Institute of Certified Public Accountants, (ii) the adoption by the Parent Borrower of IFRS or (iii) any change in the application of accounting principles adopted by the Parent Borrower from time to time
which change in application is permitted by GAAP. Notwithstanding anything to the contrary above or in the definitions of Capital Lease Obligations or Capital Expenditures,
in the event of a change under GAAP (or the application thereof) requiring all or certain operating leases to be capitalized, only those
leases that would result in Capital Lease Obligations or Capital Expenditures on the Closing Date (assuming for purposes hereof that they were in existence on the Closing Date) hereunder shall be considered capital leases
hereunder and all calculations and deliverables under this Agreement or any other Loan Document shall be made in accordance
therewith.any lease that would have been characterized as an operating lease in accordance with GAAP in
force prior to December 15, 2018 (whether or not such lease was in effect on such date) shall be accounted for 

  
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as, and deemed to be, an operating lease (and not as a Capital
Lease Obligation) for all purposes of this Agreement regardless of any change in GAAP following such date that would otherwise require such lease to be recharacterized as a Capital Lease
Obligation. 
 Section 1.5. Pro Forma Calculations. 

(a) Notwithstanding anything to the contrary herein, the Consolidated Fixed Charge Coverage Ratio or any leverage ratio or interest coverage
ratio used in the First Lien Indenture in connection with the incurrence of Indebtedness or Liens permitted thereunder (each, a “First Lien Notes Leverage Ratio”), shall be calculated in the manner prescribed by this
Section 1.5; provided, that notwithstanding anything to the contrary in clause (b), (c), or (d) of this Section 1.5, when calculating the Consolidated Fixed Charge Coverage Ratio for the purposes of
determining actual compliance (not Pro Forma Compliance or compliance on a Pro Forma Basis) with the Financial Covenant, the events described in this Section 1.5 that occurred subsequent to the end of the Relevant Reference Period, other
than consummation of the Transactions, shall not be given pro forma effect. 
 (b) For purposes of calculating the Consolidated Fixed Charge
Coverage Ratio or First Lien Notes Leverage Ratio, Pro Forma Transactions (and the incurrence or repayment of any Indebtedness in connection therewith) that have been made (i) during the Relevant Reference Period or (ii) subsequent to such
period and prior to or simultaneously with the event with respect to which the calculation of any such ratio is being made shall be calculated on a Pro Forma Basis assuming that all such Pro Forma Transactions (and any increase or decrease in
Consolidated EBITDA and the component financial definitions used therein attributable to any Pro Forma Transaction) had occurred on the first day of the Relevant Reference Period (it being understood and agreed that Consolidated Interest Expense of
such Person attributable to interest on any Indebtedness bearing floating interest rates, for which pro forma effect is being given, shall be computed on a Pro Forma Basis as if the rates that would have been in effect during the period for pro
forma effect is being given had been actually in effect during such periods). If since the beginning of any Relevant Reference Period any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into
the Parent Borrower or any of its Restricted Subsidiaries since the beginning of such Relevant Reference Period shall have made any Pro Forma Transaction that would have required adjustment pursuant to this Section 1.5, then the
Consolidated Fixed Charge Coverage Ratio or such First Lien Notes Leverage Ratio shall be calculated to give pro forma effect thereto in accordance with this Section 1.5. 

(c) Whenever pro forma effect is to be given to the Transactions, a Pro Forma Transaction or the implementation of an operational
initiative or operational change before or after the Closing Date, the pro forma calculations shall include, for the avoidance of doubt, the amount of “run-rate” cost savings, operating expense
reductions, operating initiatives, other operating improvements and synergies projected by the Parent Borrower in good faith to be realized as a result of specified actions taken, committed to be taken or expected to be taken (calculated on a Pro
Forma Basis as though such cost savings, operating expense reductions, operating initiatives, other operating improvements and synergies had been realized on the first (1st) day of the Relevant Reference Period and as if such cost savings, operating
expense reductions, operating initiatives, other operating improvements and synergies were realized 

  
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during the entirety of such period) net of the amount of actual benefits realized during such period from such actions; provided that (i) the Responsible Officer of the Parent
Borrower executing the Compliance Certificate required to be delivered pursuant to Section 5.2(a) certifies in such Compliance Certificate, solely in his/her capacity as a Responsible Officer, that such cost savings,
operating expense reductions, operating initiatives, other operating improvements and synergies are factually supportable and reasonably anticipated to be realizable in the good faith judgment of the Parent Borrower within 18 months after the date
of the Transactions, such Pro Forma Transaction or such implementation of an operational initiative or operational change (including commencement of activities constituting a business or the termination or discontinuance of activities constituting
such business) which is expected to result in such cost savings, expense reductions, other operating improvements or synergies, (ii) no amounts shall be added pursuant to this Section 1.5(c) to the extent duplicative
of any amounts that are otherwise added back in computing Consolidated EBITDA, whether through a pro forma adjustment or otherwise. “Run-rate” means the full recurring benefit for a period
that is associated with any action taken, committed to be taken or expected to be taken (including any savings expected to result from the elimination of a public target’s compliance costs with public company requirements) and any such
adjustments shall be included in the initial pro forma calculations of any financial ratios or tests and during any subsequent Relevant Reference Period in which the effects thereof are expected to be realized relating to the Transactions,
such Pro Forma Transaction or such implementation of an operational initiative or operational change. 
 (d) Notwithstanding anything in
this Agreement or any Loan Document to the contrary, when calculating the Consolidated Fixed Charge Coverage Ratio or any First Lien Notes Leverage Ratio; testing availability under any basket provided for in this Agreement; calculating
Availability, Excess Availability, Historical Excess Availability, and/or Specified Availability; or determining other compliance with this Agreement (including the determination of compliance with any provision of this Agreement which requires that
no Default, Event of Default, Specified ABL Default, or Specified Event of Default has occurred, is continuing or would result therefrom or requiring the accuracy of representations and warranties) in connection with a Limited Condition Transaction,
the date of determination of such ratio, availability, basket capacity and determination or measurement of whether any Default, Event of Default, Specified ABL Default, or Specified Event of Default has occurred, is continuing or would result
therefrom or other applicable covenant or accuracy of representations and warranties shall, at the option of the Borrower Representative (the Borrower Representative’s election to exercise such option in connection with any Limited Condition
Transaction, an “LCT Election”), be deemed to be the date the definitive agreements for such Limited Condition Transaction are entered into (the “LCT Test Date”) and if, after such ratios and other provisions are
measured or determined on a Pro Forma Basis after giving effect to such Limited Condition Transaction and the other transactions to be entered into in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) as
if they occurred at the beginning of the four consecutive Fiscal Quarter period being used to calculate such financial ratio ending prior to the LCT Test Date, the Borrower Representative could have taken such action on the relevant LCT Test Date in
compliance with such ratios and provisions, such provisions shall be deemed to have been complied with on such date (the “LCT Consummation Date”); provided that (i) on the relevant LCT Test Date, the Payment Conditions
shall be required to be satisfied and (ii) on the relevant LCT Consummation Date, sufficient Availability, exists for purposes of the incurrence of any extension of credit under the Revolving Credit Facility in connection with such Limited

  
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Condition Transaction (if Loans are to be made or Letters of Credit are to be issued) on such date. For the avoidance of doubt, (x) if any of such ratios or baskets are exceeded as a result
of fluctuations in such ratio or basket (including due to fluctuations in Consolidated EBITDA of the Parent Borrower or the target of any Limited Condition Transaction (other than as a result of any incurrence, disposition or Restricted Payment) at
or prior to the consummation of the relevant Limited Condition Transaction, such ratios, baskets and other provisions will not be deemed to have been exceeded as a result of such fluctuations solely for purposes of determining whether the Limited
Condition Transaction is permitted hereunder and (y) such ratios, baskets and other provisions shall not be tested at the time of consummation of such Limited Condition Transaction. If the Borrower Representative has made an LCT Election for
any Limited Condition Transaction, then in connection with any subsequent calculation of any ratio or basket availability with respect to any other Pro Forma Transaction on or following the relevant LCT Test Date and prior to the earlier of the date
on which such Limited Condition Transaction is consummated or the date that the definitive agreement for such Limited Condition Transaction is terminated or expires without consummation of such Limited Condition Transaction, any such ratio or basket
shall be calculated (and tested) on a Pro Forma Basis assuming such Limited Condition Transaction and other transactions in connection therewith (including any incurrence of Indebtedness and the use of proceeds thereof) have been consummated. 

Section 1.6. Classification of Permitted Items. 

(a) For purposes of determining compliance at any time with Sections 6.2, 6.3, 6.5, 6.6, 6.7, 6.8,
6.11 or 6.12, in the event that any Lien, Investment, Indebtedness, Disposition, Restricted Payment, Contractual Obligation, encumbrance or restriction or payment, prepayment, repurchase, redemption, defeasance or amendment,
modification or other change in respect of Indebtedness meets the criteria of more than one of the categories of transactions permitted pursuant to any clause of such Sections 6.2, 6.3, 6.5, 6.6, 6.7, 6.8,
6.11 or 6.12, the Borrower Representative may classify or, other than with respect to Sections 6.2(w)(i), 6.2(w)(ii), 6.6 and 6.8, reclassify such transaction (or portion thereof) on any date the
requirements of any such clause are satisfied and will only be required to include the amount and type of such transaction (or portion thereof) in the selected clause(s). For purposes of determining compliance on any date with
Section 6.6, Restricted Payments incurred under Section 6.6 may be reclassified as the Borrower Representative elects from time to time as incurred under Section 6.6(g) or
6.6(n), so long as the Payment Conditions are satisfied as of the date of determination. 
 (b) Notwithstanding anything to the
contrary herein, with respect to any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that does not require compliance with a financial ratio (any such amounts or transactions, the
“Fixed Amounts”) substantially concurrently with any amounts incurred or transactions entered into (or consummated) in reliance on a provision of this Agreement that requires compliance with a financial ratio (any such amounts, the
“Incurrence-Based Amounts”), it is understood and agreed that the Fixed Amounts shall be disregarded in the calculation of the financial ratio or test applicable to any substantially concurrent utilization of the Incurrence-Based
Amounts. 
 Section 1.7. Rounding. Any financial ratios required to be satisfied in order for a specific action to be permitted
under this Agreement shall be calculated by dividing the 

  
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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). 
 Section 1.8. Letters
of Credit. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the undrawn face 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 LC 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 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. 

Section 1.9. Certifications. All certifications to be made hereunder by an officer or representative of a Loan Party shall be made
by such person in his or her capacity solely as an officer or a representative of such Loan Party, on such Loan Party’s behalf and not in such Person’s individual capacity. 

Section 1.10. EBITDA Grower Baskets. For purposes of any so-called “grower
basket” based on a percentage of Trailing Four Quarter Consolidated EBITDA set forth in this Agreement (including, without limitation, Section VI of this Agreement) or any other Loan Document, the Relevant Reference Period for
purposes of such “grower basket” shall be the Relevant Reference Period at the time such basket is utilized, and any subsequent reduction in any such “grower basket” as a result of a decrease in Trailing Four
Quarter Consolidated EBITDA after the date of such utilization shall not, by itself, result in a Default or Event of Default. 

Section 1.11. Currency Equivalents Generally. 

(a) Unless otherwise specifically set forth in this Agreement, monetary amounts are in US Dollars. Any amounts denominated or reported under a
Loan Document in a currency other than US Dollars, including the Canadian Borrowing Base and the Obligations, Loans and Letters of Credit hereunder denominated in Canadian Dollars, shall, except as otherwise expressly provided, be calculated based
upon the US Dollar Equivalent thereof, as of the relevant date of determination (which, for the avoidance of doubt, shall be on a daily basis with respect to the outstanding amount of Canadian Revolving Credit Exposure). For the purposes of
determining any threshold amount forming any part of any representation or warranty, covenant or Event of Default, all relevant amounts denominated in Canadian Dollars shall be calculated, as of such time of determination, at the US Dollar
Equivalent thereof. For purposes of determining compliance with Sections 6.2, 6.3, 6.5, 6.6, 6.7, 6.8, 6.11 or 6.12 with respect to any transactions consummated in a currency other than US
Dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of currency exchange occurring after the time such transaction is consummated (so long as such transaction, at the time consummated was
permitted hereunder). Notwithstanding anything herein to the contrary, if any Obligation is funded and expressly denominated in currency other than US Dollars, the applicable Borrowers shall repay such Obligation in such other currency. 

  
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 (b) For purposes of determining the Consolidated Fixed Charge Coverage Ratio, the First Lien
Notes Leverage Ratio, Excess Availability (to the extent used to calculate Historical Excess Availability and other calculations for prior periods), Historical Excess Availability, Availability or Specified Availability amounts denominated in a
currency other than US Dollars will be converted to US Dollars at the currency exchange rates used in preparing the Parent Borrower’s financial statements corresponding to the Test Period with respect to the applicable date of determination and
will, in the case of Indebtedness, reflect the currency translation effects, determined in accordance with GAAP, of Swap Contracts permitted hereunder for currency exchange risks with respect to the applicable currency in effect on the date of
determination of the US Dollar Equivalent of such Indebtedness. 
 Section 1.12. Divisions. Any reference herein to a
merger, transfer, consolidation, amalgamation, consolidation, assignment, sale, disposition or transfer, or similar term, shall be deemed to apply to a division of or by a limited liability company, or an allocation of assets to a series of a
limited liability company (or the unwinding of such a division or allocation), as if it were a merger, transfer, consolidation, amalgamation, consolidation, assignment, sale, disposition or transfer, or similar term, as applicable, to, of or with a
separate Person. Any division of a limited liability company shall constitute a separate Person hereunder (and each division of any limited liability company that is a Subsidiary, joint venture or any other like term shall also constitute such a
Person or entity). 
 Section 1.13. Interest Rates. The Agent does not warrant, nor accept responsibility, nor shall the Agent
have any liability with respect to the administration, submission or any other matter related to the interest rates hereunder or with respect to any rate that is an alternative or replacement for or successor to any of such rate (including, without
limitation, any LIBOR Successor Rate) or the effect of any of the foregoing, or of any LIBOR Successor Rate Conforming Changes. 
 SECTION
II 
 AMOUNT AND TERMS OF COMMITMENTS 

Section 2.1. Revolving Credit Commitments. 

(a) Subject to the terms and conditions set forth herein, including Section 2.1(c) and
Section 2.1(d) below, each US Revolving Credit Lender severally agrees to make revolving credit loans to any US Borrower from time to time during the Availability Period in US Dollars, in an aggregate principal amount at
any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements in respect of US Letters of Credit) result in (i) such US Revolving Credit Lender’s US Revolving Credit
Exposure exceeding such US Revolving Credit Lender’s US Revolving Credit Commitment or (ii) the Total US Revolving Credit Exposure exceeding the total US Revolving Credit Commitments. Within the foregoing limits and subject to the terms
and conditions set forth herein, the US Borrowers may borrow, repay, prepay and reborrow US Revolving Credit Loans during the Availability Period. Subject to the terms and conditions set forth herein, including Section 2.1(c) and
(d) below, each Canadian Revolving Credit Lender severally agrees to make revolving credit loans (each, a “Canadian Revolving Credit Loan”) to any Canadian Borrower from time to time during the Availability Period in US Dollars
or Canadian Dollars in an aggregate principal 

  
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amount at any one time outstanding that will not (after giving effect to any concurrent use of the proceeds thereof to repay LC Disbursements in respect of Canadian Letters of Credit) result in
(i) such Canadian Revolving Credit Lender’s Canadian Revolving Credit Exposure exceeding such Canadian Revolving Credit Lender’s Canadian Revolving Credit Commitment or (ii) the Total Canadian Revolving Credit Exposure exceeding
the total Canadian Revolving Credit Commitments. Within the foregoing limits and subject to the terms and conditions set forth herein, the Canadian Borrowers may borrow, repay, prepay and reborrow Canadian Revolving Credit Loans during the
Availability Period. 
 (b) [Reserved]. 

(c) Notwithstanding anything herein to the contrary, Revolving Credit Loans may be borrowed on the Closing Date to (i) finance a portion
of the Transactions (including working capital and/or purchase price adjustments and the payment of Transaction Costs) in an aggregate principal amount not to exceed the sum of (A) $15 million plus (B) the aggregate principal amount of
loans outstanding under the Existing ABL Credit Agreement immediately prior to the Closing Date (which shall not exceed $20 million), (ii) to replace, backstop or cash collateralize Existing Letters of Credit, (iii) to fund upfront fees in
respect of the Revolving Credit Facility, and/or (iv) for working capital purposes. Subject to Section 2.1(d), Revolving Credit Loans shall not be made (and shall not be required to be made) by any Lender in any
instance where the incurrence thereof (after giving effect to the use of the proceeds thereof on the date of the incurrence thereof to repay any amounts theretofore outstanding pursuant to this Agreement) would cause (i) the Total Revolving
Credit Exposure to exceed the Line Cap at such time, (ii) the Total Canadian Revolving Credit Exposure to exceed the Canadian Line Cap at such time or (iii) the Total US Revolving Credit Exposure to exceed the US Line Cap at such time.

 (d) In the event that (i) any Borrower is unable to comply with the limitation set forth in Section 2.1(c)
or (ii) such Borrower is unable to satisfy the conditions precedent to the making of Revolving Credit Loans set forth in Section 4.2, in either case, the Lenders, subject to the immediately succeeding proviso, hereby authorize the
Agent (including through an Affiliate or branch), for the account of the applicable Lenders, to make Revolving Credit Loans to such Borrower, in either case solely in the event that the Agent in its Permitted Discretion deems necessary or desirable
(A) to preserve or protect the Collateral, or any portion thereof, (B) to enhance the likelihood of repayment of the Obligations or (C) to pay any other amount chargeable to any Borrower pursuant to the terms of this Agreement,
including, expenses and fees, which Revolving Credit Loans may only be made as ABR Loans to the US Borrowers or Canadian Prime Rate Loans (if denominated in Canadian Dollars) or Canadian Base Rate Loans (if denominated in US Dollars) to the Canadian
Borrowers (each, an “Agent Advance”) for a period commencing on the date the Agent first receives a Borrowing Request requesting an Agent Advance or otherwise makes an Agent Advance until the earlier of (x) the date such
Borrower is again able to comply with the applicable Borrowing Base limitations and the conditions precedent to the making of Revolving Credit Loans, or obtain an amendment or waiver with respect thereto, (y) the date that is thirty
(30) days after the funding of the initial Agent Advances and (z) the date the Required Lenders instruct the Agent to cease making Agent Advances (in each case, the “Agent Advance Period”); provided that the Agent
shall not make any Agent Advance to the extent that at the time of the making of such Agent Advance, the amount of such Agent Advance (I) when added to the aggregate outstanding amount of all other

  
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Agent Advances made to the Borrowers at such time, would exceed 10% of the Aggregate Borrowing Base at such time, (II) when added to the Total Revolving Credit Exposure as then in effect
(immediately prior to the incurrence of such Agent Advance), would exceed the Total Revolving Credit Commitments at such time. Agent Advances may be made by the Agent in its sole discretion and the Borrowers shall have no right whatsoever to require
that any Agent Advances be made or (III) when added to the Total Canadian Revolving Credit Exposure as then in effect (immediately prior to the incurrence of such Agent Advance) would exceed the Canadian ABL Sublimit then in effect. 

(e) On any Business Day (but in any event no less frequently than once per week), the Agent may, in its sole discretion give notice to the
Lenders that the Agent’s outstanding Agent Advances shall be funded with one or more Borrowings of Revolving Credit Loans (provided that such notice shall be deemed to have been automatically given upon the occurrence of an Event of
Default under Section 7.1(f) or upon the exercise of any of the remedies provided in the last paragraph of Section 7.1), in which case one or more Borrowings of Revolving Credit Loans constituting
ABR Loans to the US Borrowers or Canadian Prime Rate Loans (if denominated in Canadian Dollars) or Canadian Base Rate Loans (if denominated in US Dollars) to the Canadian Borrowers (each such Borrowing, a “Mandatory Borrowing”)
shall be made on the immediately succeeding Business Day by all applicable Lenders pro rata based on each such Lender’s Applicable Lender Percentage (determined before giving effect to any termination of the Revolving Credit Commitments
pursuant to the last paragraph of Section 7.1) and the proceeds thereof shall be applied directly by the Agent to repay the Agent for such outstanding Agent Advances. Each Lender hereby irrevocably agrees to make Revolving
Credit Loans upon one (1) Business Day’s notice pursuant to each Mandatory Borrowing in the amount and in the manner specified in the preceding sentence and on the date specified in writing by the Agent notwithstanding (i) the amount
of the Mandatory Borrowing may not comply with the minimum Borrowing amounts otherwise required hereunder, (ii) whether any conditions specified in Section 4.2 are then satisfied, (iii) whether a Default or an
Event of Default then exists, (iv) the date of such Mandatory Borrowing, (v) the amount of the applicable Borrowing Base at such time and (vi) whether such Lender’s Revolving Credit Commitment has been terminated at such time. In
the event that any Mandatory Borrowing cannot for any reason be made on the date otherwise required above (including, as a result of the commencement of a proceeding under any Debtor Relief Law with respect to any Borrower), then each Lender hereby
agrees that it shall forthwith purchase (as of the date the Mandatory Borrowing would otherwise have occurred, but adjusted for any payments received from the Borrowers on or after such date and prior to such purchase) from the Agent such
participations in the outstanding Agent Advances as shall be necessary to cause the applicable Lenders to share in such Agent Advances ratably based upon their respective Revolving Credit Commitments (determined before giving effect to any
termination of the Revolving Credit Commitments pursuant to the last paragraph of Section 7.1); provided that (x) all interest payable on the Agent Advances shall be for the account of the Agent until the date as of
which the respective participation is required to be purchased and, to the extent attributable to the purchased participation, shall be payable to the participant from and after the time any purchase of participations is actually made and
(y) at the time any purchase of participations pursuant to this sentence is actually made, the purchasing Lender shall be required to pay the Agent interest on the principal amount of the participation purchased 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 overnight Federal 

  
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Funds Rate (or, in the case of an amount denominated in Canadian Dollars, the Bank of Canada overnight rate or such other rate reasonably determined by the Agent to be the cost to it of funding
such amount) for the first three (3) days and at the interest rate otherwise applicable to Revolving Credit Loans maintained as ABR Loans (in the case of US Borrowers) or as Canadian Prime Rate Loans (in the case of Canadian Borrowers)
hereunder for each day thereafter. 
 Section 2.2. Loans and Borrowings. 

(a) Each US Revolving Credit Loan (other than a US Swingline Loan or an Agent Advance) shall be made as part of a Borrowing consisting of US
Revolving Credit Loans made by the US Revolving Credit Lenders ratably in accordance with their respective US Revolving Credit Commitments. Each Canadian Revolving Credit Loan (other than a Canadian Swingline Loan or an Agent Advance) shall be made
as part of a Borrowing consisting of Canadian Revolving Credit Loans made by the Canadian Revolving Credit Lenders ratably in accordance with their respective Canadian Revolving Credit Commitments. The failure of any Lender to make any Loan required
to be made by it shall not relieve any other Lender of its obligations hereunder. Any Agent Advance and any Swingline Loan shall be made in accordance with the procedures set forth in Section 2.1 and
Section 2.23, respectively. 
 (b) Subject to Section 2.13, (i) each US Revolving Credit
Borrowing shall be comprised entirely of ABR Loans or Eurodollar Loans as the Borrower Representative may request in accordance herewith, (ii) each Canadian Revolving Credit Borrowing shall be comprised entirely of Canadian Prime Rate Loans (if
in Canadian Dollars), Canadian Base Rate Loans (if in US Dollars), BA Equivalent Rate Loans (if in Canadian Dollars) or Eurodollar Loans (if in US Dollars) as the Borrower Representative may request in accordance herewith (iii) each Revolving
Credit Borrowing consisting of ABR Loans shall be comprised entirely of ABR Loans, (iv) each Revolving Credit Borrowing consisting of Canadian Prime Rate Loans shall be comprised entirely of Canadian Prime Rate Loans, (v) each Revolving
Credit Borrowing consisting of Canadian Base Rate Loans shall be comprised entirely of Canadian Base Rate Loans, (vi) each Revolving Credit Borrowing consisting of BA Equivalent Rate Loans shall be comprised entirely of BA Equivalent Rate Loans
and (vii) each Revolving Credit Borrowing consisting of Eurodollar Loans shall be comprised entirely of LIBO Rate Loans. Each Lender at its option may make any Eurodollar Loan, ABR Loan, Canadian Prime Rate Loan, Canadian Base Rate Loan or BA
Equivalent Rate Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided, that any exercise of such option shall not affect the obligation of the applicable Lender to make such Loan and the
obligation of the applicable Borrower to repay such Loan in accordance with the terms of this Agreement. 
 (c) At the commencement of each
Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an increment of $500,000 or a whole multiple of $500,000 in excess thereof, and for any BA Equivalent Rate Borrowing, such Borrowing shall be in an increment of Cdn$500,000 or
a whole multiple of Cdn$500,000 in excess thereof; provided, that a Revolving Credit Borrowing may be in an aggregate amount that is equal to the entire unused balance of the Revolving Credit Commitments under the applicable Revolving Credit
Facility or that is required to finance the reimbursement of an LC Disbursement as contemplated by Section 2.4(e). Borrowings of more than one Type and Class may be outstanding at the same time; provided, that
there shall not, at any time, be more than a total of ten (10) Eurodollar Borrowings and/or BA Equivalent Rate Borrowings outstanding. 

  
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 (d) Notwithstanding any other provision of this Agreement, the Borrowers shall not be
entitled to request, or to elect to convert or continue, any Borrowing if the Interest Period requested with respect thereto would end after the applicable Maturity Date for such Borrowing. 

Section 2.3. Requests for Revolving Credit Borrowing. To request a Revolving Credit Borrowing (other than a Swingline Loan), the
Borrower Representative shall notify the Agent of such request Electronically (a) in the case of a Eurodollar Borrowing or BA Equivalent Rate Borrowing, not later than 12:00 noon, New York City time, two (2) Business Days before the date
of the proposed Borrowing (other than Eurodollar Borrowings or BA Equivalent Rate Borrowings to be incurred on the Closing Date for which notice may be given not later than 12:00 noon, New York City time, one (1) Business Day prior to the
Closing Date) and (b) in the case of an ABR Borrowing, Canadian Prime Rate Borrowing or Canadian Base Rate Borrowing (including Agent Advances), not later than 12:00 noon, New York City time, on the date of the proposed Borrowing. Each such
Borrowing Request submitted Electronically shall be irrevocable and shall specify the following information in compliance with Section 2.2: 

(i) the applicable Borrower with respect to such Borrowing, including whether such Borrower is a Canadian Borrower or a US
Borrower; 
 (ii) the currency and aggregate amount of the requested Borrowing; 

(iii) the date of such Borrowing, which shall be a Business Day; 

(iv) whether such Borrowing is to be an ABR Borrowing, a Canadian Prime Rate Borrowing, a Canadian Base Rate Borrowing, a BA
Equivalent Rate Borrowing or a Eurodollar Borrowing; 
 (v) in the case of a Eurodollar Borrowing or a BA Equivalent Rate
Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; 

(vi) the location and number of the account to which funds are to be disbursed, which shall comply with the requirements of
Section 2.5; 
 (vii) the US Borrowing Base, the Canadian Borrowing Base, and the Aggregate
Borrowing Base at such time; and 
 (viii) in the case of an ABR Borrowing or Canadian Prime Rate Borrowing, whether the
Revolving Credit Loans made pursuant to such Borrowing constitute Agent Advances (it being understood that the Agent shall be under no obligation to make such Agent Advance). 

If no election as to the Type of Revolving Credit Borrowing is specified, then the requested Revolving Credit Borrowing shall be deemed to be
an ABR Borrowing in the case of US Borrowers or a Canadian Prime Rate Borrowing in the case of Canadian Borrowers. If no 

  
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Interest Period is specified with respect to any requested Eurodollar Revolving Credit Borrowing or BA Equivalent Rate Revolving Credit Borrowing, then the Borrower Representative shall be deemed
to have selected an Interest Period of one (1) month’s duration. If no election is made as to whether a Revolving Credit Borrowing is to be a US Revolving Credit Borrowing or a Canadian Revolving Credit Borrowing, then (A) in the case
of a Borrowing Request signed by a US Borrower, such Borrower shall be deemed to have requested a US Revolving Credit Borrowing and (B) in the case of a Borrowing Request signed by a Canadian Borrower, such Borrower shall be deemed to have
requested a Canadian Revolving Credit Borrowing in Canadian Dollars. Notwithstanding anything to the contrary (including in the Borrowing Request), only Canadian Borrowers shall be entitled to request a Canadian Revolving Credit Borrowing and only
US Borrowers shall be entitled to request a US Revolving Credit Borrowing. Promptly following receipt of a Borrowing Request in accordance with this Section 2.3, the Agent shall advise each applicable Lender under the relevant Facility
or Facilities of the details thereof and of the amount of such Revolving Credit Lender’s Loan to be made as part of the requested Borrowing. The Agent may act without liability upon the basis of Communications submitted Electronically of such
Borrowing or prepayment, as the case may be, believed by the Agent in good faith to be from a Responsible Officer of the Borrower Representative. 

Section 2.4. Letters of Credit. 

(a) Subject to the terms and conditions set forth herein, any Issuing Bank, in reliance on the agreements of the Revolving Credit Lenders set
forth in Section 2.4(d), agrees to issue trade and standby (x) US Letters of Credit in an Approved Currency for the account of any US Borrower, or the account of such US Borrower for the benefit of any Restricted
Subsidiary, and (y) Canadian Letters of Credit in an Approved Currency for the account of any Canadian Borrower, or the account of such Canadian Borrower for the benefit of any Restricted Subsidiary, in each case on any Business Day during the
applicable Availability Period in such form as may be approved from time to time by such Issuing Bank; provided, that no Issuing Bank shall have any obligation to issue any US Letter of Credit if, after giving effect to such issuance,
(i) the LC Exposure with respect to US Letters of Credit would exceed the US LC Sublimit, (ii) the Total US Revolving Credit Exposure would exceed the US Line Cap at such time or (iii) the Total Revolving Credit Exposure would exceed
the Line Cap at such time; provided, further, that no Issuing Bank shall have any obligation to issue any Canadian Letter of Credit if, after giving effect to such issuance, (I) the LC Exposure with respect to Canadian Letters of Credit would
exceed the Canadian LC Sublimit, (II) the Total Canadian Revolving Credit Exposure would exceed the Canadian Line Cap at such time or (III) the Total Revolving Credit Exposure would exceed the Line Cap at such time. Subject to the terms
and conditions set forth herein, the Borrower Representative may request the issuance of Letters of Credit for its own account or for the benefit of any Borrower or applicable Restricted Subsidiary, in a form reasonably acceptable to the applicable
Issuing Bank, at any time and from time to time during the Availability Period (but not later than the date that is three (3) Business Days prior to the Maturity Date, unless Cash Collateralized or backstopped on terms reasonably acceptable to
the Issuing Bank and the Agent); provided, further, that, notwithstanding anything to the contrary herein, no Issuing Bank shall have any obligation to issue any US Letter of Credit or Canadian Letter of Credit if the issuance of such
Letter of Credit would violate one or more policies of such Issuing Bank applicable to letters of credit generally. In the event of any inconsistency between the terms and conditions of this Agreement and the terms and conditions of any form of
letter of credit 

  
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application or other agreement submitted by the Borrower Representative to, or entered into by the applicable Borrower with, the applicable Issuing Bank relating to any Letter of Credit, the
terms and conditions of this Agreement shall control. Any purported grant of a security interest in any LC Document shall be null and void. 

(b) To request the issuance of a Letter of Credit (or the amendment, renewal or extension of an outstanding Letter of Credit), the Borrower
Representative shall hand deliver or fax (or transmit Electronically if (i) Bank of America is the applicable Issuing Bank or (ii) arrangements for doing so have been approved by any other applicable Issuing Bank) to the applicable Issuing
Bank and the Agent (at least three (3) Business Days (or such shorter period as may be agreed by the applicable Issuing Bank and the Agent) in advance of the requested date of issuance, amendment, renewal or extension) a notice requesting the
issuance of a Letter of Credit, or identifying the Letter of Credit to be amended, renewed or extended, and specifying the date of issuance, amendment, renewal or extension (which shall be a Business Day), the date on which such Letter of Credit is
to expire (which shall comply with paragraph (c) of this Section 2.4), the amount and currency of such Letter of Credit, the applicable Borrower with respect to such Letter of Credit and whether such Borrower is a US
Borrower or a Canadian Borrower, whether the Letter of Credit is to be a US Letter of Credit or a Canadian Letter of Credit, the currency in which such Letter of Credit is to be denominated, the name and address of the beneficiary thereof and such
other information as shall be necessary to prepare, amend, renew or extend such Letter of Credit. If requested by an Issuing Bank, the Borrower Representative also shall submit a letter of credit application on such Issuing Bank’s standard form
in connection with any request for a Letter of Credit. A Letter of Credit shall be issued, amended, renewed or extended only if (and upon issuance, amendment, renewal or extension of each Letter of Credit the Borrower Representative shall be deemed
to represent and warrant that), after giving effect to such issuance, amendment, renewal or extension (i) in the case of US Letters of Credit, (A) the LC Exposure with respect to US Letters of Credit shall not exceed the US LC Sublimit,
(B) the Total US Revolving Credit Exposure shall not exceed the sum of the total US Revolving Credit Commitments at such time and (C) the Total US Revolving Credit Exposure shall not exceed the US Line Cap at such time, (ii) in the
case of Canadian Letters of Credit, (A) the LC Exposure with respect to Canadian Letters of Credit shall not exceed the Canadian LC Sublimit, (B) the Total Canadian Revolving Credit Exposure shall not exceed the sum of the total Canadian
Revolving Credit Commitments at such time and (C) the Total Canadian Revolving Credit Exposure shall not exceed the Canadian Line Cap at such time and (iii) in the case of all Letters of Credit, the Total Revolving Credit Exposure shall
not exceed the Line Cap at such time. For the avoidance of doubt, no Issuing Bank shall be obligated to issue a Letter of Credit in an Approved Currency if such Issuing Bank does not otherwise issue letters of credit in such Approved Currency. 

(c) Each Letter of Credit shall expire at or prior to the close of business on the earlier of (i) (A) with respect to any standby Letter
of Credit, the date that is one (1) year after the date of issuance of such standby Letter of Credit (or, in the case of any renewal or extension thereof, the date that is one (1) year after the date of such renewal or extension) and
(B) with respect to any trade Letter of Credit, the date that is one hundred eighty (180) days after the date of issuance of such trade Letter of Credit and (ii) the date that is three (3) Business Days prior to the Maturity Date
(unless other provisions or arrangements reasonably satisfactory to the applicable Issuing Bank shall have been made with respect to such Letter of Credit). If the Borrower 

  
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Representative so requests in any notice requesting the issuance of a Letter of Credit, the applicable Issuing Bank shall issue a Letter of Credit that has automatic renewal provisions (each, an
“Auto Renewal Letter of Credit”); provided, that the Borrower Representative shall be required to make a specific request to the applicable Issuing Bank for any such renewal. Once an Auto Renewal Letter of Credit has been
issued, the Lenders shall be deemed to have authorized the renewal of such Letter of Credit at any time to an expiry date not later than the earlier of (i) the date that is one (1) year from the date of such renewal (or such longer period
as may be agreed by the applicable Issuing Bank three (3) Business Days prior to the Maturity Date (unless other provisions or arrangements reasonably satisfactory to the applicable Issuing Bank shall have been made with respect to such Letter
of Credit); provided, that the applicable Issuing Bank shall not permit any such renewal if such Issuing Bank has determined that it would have no obligation at such time to issue such Letter of Credit in its renewed form under the terms
hereof (by reason of the provisions of Section 4.2 or otherwise). 
 (d) By the issuance of a Letter of Credit (or an amendment
to a Letter of Credit increasing the amount thereof) and without any further action on the part of any Issuing Bank or the Lenders, the applicable Issuing Bank hereby grants to each US Revolving Credit Lender (with respect to each US Letter of
Credit) or each Canadian Revolving Credit Lender (with respect to each Canadian Letter of Credit), and (i) each US Revolving Credit Lender hereby irrevocably acquires from the applicable Issuing Bank, a participation in such US Letter of Credit
equal to such Lender’s US Lender Percentage of the aggregate amount available to be drawn under such US Letter of Credit and (ii) each Canadian Revolving Credit Lender hereby irrevocably acquires from the applicable Issuing Bank a
participation in such Canadian Letter of Credit equal to such Lender’s Canadian Lender Percentage of the aggregate amount available to be drawn under such Canadian Letter of Credit. In consideration and in furtherance of the foregoing,
(A) each US Revolving Credit Lender hereby absolutely and unconditionally agrees to pay to the Agent, for the account of the applicable Issuing Bank, such Lender’s US Lender Percentage of each LC Disbursement with respect to a US Letter of
Credit made by such Issuing Bank, in the same Approved Currency in which such US Letter of Credit was denominated, and not reimbursed by the applicable US Borrower on the date due as provided in paragraph (e) of this Section 2.4, or
of any reimbursement payment required to be refunded to the applicable US Borrower for any reason in respect thereof, and (B) each Canadian Revolving Credit Lender hereby absolutely and unconditionally agrees to pay to the Agent, for the
account of the applicable Issuing Bank, such Lender’s Canadian Lender Percentage of each LC Disbursement with respect to a Canadian Letter of Credit made by such Issuing Bank, in the same Approved Currency in which such Canadian Letter of
Credit was denominated, and, in each case not reimbursed by the applicable Canadian Borrower on the date due as provided in paragraph (e) of this Section 2.4, or of any reimbursement payment required to be refunded to the applicable
Canadian Borrower for any reason in respect thereof. Each US Revolving Credit Lender acknowledges and agrees that its obligation to acquire participations pursuant to this Section 2.4(d) in respect of US Letters of Credit,
and each Canadian Revolving Credit Lender acknowledges and agrees that its obligation to acquire participations pursuant to this Section 2.4(d) in respect of Canadian Letters of Credit, and such Revolving Credit
Lender’s obligations under Section 2.4(e) are absolute and unconditional and shall not be affected by any circumstance including (i) any setoff, counterclaim, recoupment, defense or other right that such Lender may have against
the applicable Issuing Bank, the applicable Borrower or any other Person for any reason whatsoever, (ii) the occurrence or continuance of a Default or an Event of 

  
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Default or the failure to satisfy any of the other conditions specified in Section 4, (iii) any adverse change in the condition (financial or otherwise) of the
applicable Borrower, (iv) any breach of this Agreement or any other Loan Document by the Borrowers, any other Loan Party or any other Lender or any reduction in or termination of the US Revolving Credit Commitments or the Canadian Revolving
Credit Commitments, as the case may be, or (v) any other circumstance, happening or event whatsoever, whether or not similar to any of the foregoing. 

(e) If any Issuing Bank shall make any LC Disbursement in respect of a Letter of Credit, the applicable Borrower shall reimburse such LC
Disbursement by paying to the Agent an amount and currency equal to such LC Disbursement, in the same currency as the LC Disbursement, not later than 2:00 p.m., New York City time, on the Business Day immediately following the day that the Borrower Representative receives
notice that such LC Disbursement is made (or, if the Borrower
Representative receives such notice after 12:00 noon, New York City time, not later than 2:00 p.m., New York City time on the Business Day immediately following the day that the Borrower Representative receives
such notice); provided, that (if the conditions of Sections 4.2(a), 4.2(b) and 4.2(d) are satisfied) the applicable Borrower shall have the absolute and
unconditional right to require that such payment be financed with an ABR Revolving Credit Borrowing under the US Revolving Credit Facility or a Canadian Prime Rate Borrowing (if in Canadian Dollars) or a Canadian Base Rate Borrowing (in the case of
US Dollars) under the Canadian Revolving Credit Facility, in each case in an equivalent amount and currency and, to the extent so financed, the applicable Borrower’s obligation to make such payment shall be discharged and replaced by the
resulting Revolving Credit Borrowing. If the applicable Borrower fails to make such payment when due, or finance such payment in accordance with the proviso to the preceding sentence, the applicable Issuing Bank shall promptly notify the Agent of
the applicable LC Disbursement and the Agent shall promptly notify each Lender of the applicable LC Disbursement, the payment then due from the applicable Borrower in respect thereof and such Lender’s Applicable Lender Percentage thereof.
Promptly following receipt of such notice, each applicable Lender shall pay to the Agent its Applicable Lender Percentage of the payment then due from the applicable Borrower by wire transfer of immediately available funds to the account of the
Agent most recently designated by it for such purpose by notice to the Lenders not later than 3:00 p.m., New York City time, on the date such notice is received (or, if such Lender shall have received such notice later than 1:00 noon, New York City
time on such day, not later than 10:00 a.m., New York City time, on the immediately following Business Day), and the Agent shall promptly pay to the applicable Issuing Bank the amounts so received by it from the Lenders. Promptly following receipt
by the Agent of any payment from the applicable Borrower pursuant to this paragraph, the Agent shall distribute such payment to the applicable Issuing Bank or, to the extent that Lenders have made payments pursuant to this paragraph to reimburse
such Issuing Bank, then to such Lenders and such Issuing Bank as their interests may appear. Any payment made by a Lender pursuant to this paragraph to reimburse any Issuing Bank for any LC Disbursement (other than the funding of Revolving Credit
Loans as contemplated above) shall not constitute a Loan and shall not relieve the applicable Borrower of its obligation to reimburse such LC Disbursement. If any Lender shall not have made its Applicable Lender Percentage of an LC Disbursement
available to the Agent as provided above, such Lender and the applicable Borrower severally agree to pay interest on such amount, for each day from and including the date such amount is required to be paid in accordance with this
Section 2.4(e) to but excluding the date such amount is paid, to the Agent for the account of the applicable Issuing Bank at (i) in the case of the US Borrowers, a rate per annum equal to the

  
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interest rate applicable to ABR Revolving Credit Loans and in the case of the Canadian Borrowers, a rate per annum equal to the interest rate applicable to Canadian Prime Rate Revolving Credit
Loans (if in Canadian Dollars) or Canadian Base Rate Revolving Credit Loans (if in US Dollars), and (ii) in the case of such Lender, for the first such day, (A) in the case of Letters of Credit denominated in US Dollars, the Federal Funds
Rate, and for each day thereafter, the Alternate Base Rate (as regards US Letters of Credit) or the Canadian Base Rate (as regards Canadian Letters of Credit), and (B) in the case of Canadian Letters of Credit denominated in Canadian Dollars,
the Canadian Prime Rate. 
 (f) Each Borrower’s obligation to reimburse LC Disbursements as provided in Section 2.4(e) and
each Lender’s obligations under paragraphs (d) and (e) of this Section 2.4 shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under any
and all circumstances whatsoever and irrespective of (i) any lack of validity or enforceability of any Letter of Credit or this Agreement, or any term or provision therein, (ii) any draft or other document presented under a Letter of
Credit proving to be forged, fraudulent or invalid in any respect or any statement therein being untrue or inaccurate in any respect, (iii) payment by the applicable Issuing Bank under a Letter of Credit against presentation of a draft or other
document that does not comply with the terms of such Letter of Credit, (iv), any adverse change in the exchange rate or in the availability of an Approved Currency to any Borrower or any of the Restricted Subsidiaries or in the relevant currency
markets generally, or (v) any other event or circumstance whatsoever, whether or not similar to any of the foregoing, that might, but for the provisions of this Section 2.4, constitute a legal or equitable discharge of, or provide a
right of setoff against, each Borrower’s obligations hereunder. None of the Agent, the Lenders or the Issuing Banks, or any of their respective Related Parties, shall have any liability or responsibility by reason of or in connection with the
issuance or transfer of any Letter of Credit or any payment or failure to make any payment thereunder (irrespective of any of the circumstances referred to in the preceding sentence), or any error, omission, interruption, loss or delay in
transmission or delivery of any draft, notice or other communication under or relating to any Letter of Credit (including any document required to make a drawing thereunder), any error in interpretation of technical terms or any consequence arising
from causes beyond the control of the applicable Issuing Bank; provided, that the provisions of this Section 2.4(f) shall not be construed to excuse the applicable Issuing Bank from liability to any Borrower to the extent of any
direct damages (as opposed to indirect, consequential, special and punitive damages, claims in respect of which are hereby waived by such Borrower to the extent permitted by applicable law) suffered by such Borrower that are caused by such Issuing
Bank’s failure to exercise care when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof. The parties hereto expressly agree that, in the absence of gross negligence, bad faith or
willful misconduct on the part of any Issuing Bank (as finally determined by a court of competent jurisdiction), the applicable Issuing Bank shall be deemed to have exercised care in each such determination. In furtherance of the foregoing and
without limiting the generality thereof, the parties agree that, with respect to documents presented which appear on their face to be in material compliance with the terms of a Letter of Credit, the applicable Issuing Bank may, in its sole
discretion, in good faith either accept and make payment upon such documents without responsibility for further investigation, regardless of any notice or information to the contrary, or refuse to accept and make payment upon such documents if such
documents are not in strict compliance with the terms of such Letter of Credit. 

  
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 (g) Each Issuing Bank shall, promptly following its receipt thereof, examine all documents
purporting to represent a demand for payment under a Letter of Credit issued by such Issuing Bank. Each Issuing Bank shall promptly notify the Agent and the Borrower Representative Electronically of such demand for payment and whether such Issuing
Bank has made or will make an LC Disbursement thereunder; provided, that any failure to give or delay in giving such notice shall not relieve the applicable Borrower of its obligation to reimburse such Issuing Bank and the Lenders with
respect to any such LC Disbursement. 
 (h) If any Issuing Bank shall make any LC Disbursement, then, unless the applicable Borrower shall
reimburse such LC Disbursement in full on the date such LC Disbursement is made the unpaid amount thereof shall bear interest, for each day from and including the date such LC Disbursement is made to but excluding the date that the applicable
Borrower reimburses such LC Disbursement, at the rate per annum equal to the Alternate Base Rate (in the case of US Letters of Credit denominated in US Dollars), the Canadian Base Rate (in the case of Canadian Letters of Credit denominated in US
Dollars) or the Canadian Prime Rate (in the case of Canadian Letters of Credit denominated in Canadian Dollars); provided, that, if the applicable Borrower fails to reimburse such LC Disbursement, including by requiring that such payment be
financed with an ABR Revolving Credit Borrowing, Canadian Base Rate Revolving Credit Borrowing or a Canadian Prime Rate Revolving Credit Borrowing, pursuant to paragraph (e) of this Section 2.4, then Section 2.12(b) shall
apply. Interest accrued pursuant to this paragraph shall be for the account of the applicable Issuing Bank, except that interest accrued on and after the date of payment by any Lender pursuant to paragraph (e) of this
Section 2.4 to reimburse such Issuing Bank shall be for the account of such Lender to the extent of such payment. 

(i) An Issuing Bank may resign upon thirty (30) days’ prior written notice to the Borrower Representative and the Agent. An Issuing
Bank may be replaced at any time by written agreement among the Borrowers, the Agent, the replaced Issuing Bank (provided, that no consent of the replaced Issuing Bank will be required if it has no Letters of Credit or Reimbursement
Obligations with respect thereto outstanding) and the successor Issuing Bank. The Agent shall notify the Lenders of any such resignation or replacement of such Issuing Bank. At the time any such resignation or replacement shall become effective, the
applicable Borrowers shall pay all unpaid fees in respect of the Revolving Credit Facility, in each case, accrued for the account of the replaced Issuing Bank pursuant to Section 2.10(b). From and after the effective date of any such
replacement, (i) the successor Issuing Bank shall have all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit to be issued thereafter and (ii) references herein to the term “Issuing
Bank” shall be deemed to refer to such successor or to any previous Issuing Bank, or to such successor and all previous Issuing Banks, as the context shall require. After the resignation or replacement of an Issuing Bank hereunder, the
resigned or replaced Issuing Bank shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Bank under this Agreement with respect to Letters of Credit issued by it prior to such replacement, but shall not
be required to renew existing Letters of Credit or issue additional Letters of Credit. 

  
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 (j) If any Event of Default under Section 7.1(f)(i) or
Section 7.1(f)(ii) with respect to Holdings or any Borrower shall occur and be continuing or if the Loans have been accelerated pursuant to Section VII as a result of any Event of Default, on the Business Day that the Borrower
Representative receives notice from an Agent or the Required Lenders (or, if the maturity of the Loans has been accelerated, Lenders with LC Exposure representing greater than 50.0% of the total LC Exposure), in each case, demanding the deposit of
Cash Collateral pursuant to this paragraph, the applicable Borrower, shall deliver Cash Collateral to the Agent, for the benefit of the applicable Lenders, an amount in cash equal to 102% of the applicable LC Exposure as of such date. Such deposit
shall be held by the Agent as collateral for the payment and performance of the Letter of Credit obligations (including related fees and expenses) of the applicable Borrower under this Agreement. The Agent shall have exclusive dominion and control,
including the exclusive right of withdrawal, over such account. Other than any interest earned on the investment of such deposits, which investments shall be made in Cash Equivalents at the option and reasonable discretion of the Agent and at the
applicable Borrower’s risk and expense, such deposits shall not bear interest. Interest or profits, if any, on such investments shall accumulate in such account. Moneys in such account shall be released by the Agent to be applied by the Agent
to reimburse the applicable Issuing Bank for LC Disbursements for which it has not been reimbursed and to pay all fees and expenses relating to Letters of Credit that were not otherwise paid when due and, to the extent not so applied, shall be held
for the satisfaction of the reimbursement obligations of the applicable Borrower for the applicable LC Exposure at such time or, if the maturity of the Loans has been accelerated (but subject to the consent of Lenders with LC Exposure representing
greater than 50.0% of the total LC Exposure), be applied to satisfy other obligations of such Borrower under this Agreement. If any Borrower is required to provide an amount of Cash Collateral hereunder as a result of the occurrence of an Event of
Default specified above, such amount (to the extent not applied as aforesaid) shall be returned to such Borrower within two (2) Business Days after such Event of Default has been cured or waived (unless the Revolving Credit Commitments have
been terminated and the Obligations have been accelerated, in each case in accordance with Section 7.1). 
 (k) If
the Maturity Date of any Class of Revolving Credit Commitments occurs prior to the expiration of any Letter of Credit, then (i) if one or more other tranche of Revolving Credit Commitments in respect of which the Maturity Date shall not
have occurred are then in effect and such Letter of Credit would otherwise be available under such tranche of Revolving Credit Commitments, such Letter of Credit shall automatically be deemed to have been issued (including for purposes of the
obligations of the Lenders to purchase participations therein and to make payments in respect thereof pursuant to Sections 2.4(d) and (e)) under (and ratably participated in by the Lenders pursuant to) the Revolving Credit Commitments in
respect of such non-maturing tranches up to an aggregate amount not to exceed the aggregate amount of the unutilized Revolving Credit Commitments thereunder at such time (it being understood that no partial
face amount of any Letter of Credit may be so reallocated) and (ii) to the extent not reallocated pursuant to the immediately preceding clause (i), the applicable Borrower shall Cash Collateralize any such Letter of Credit in accordance with
Section 2.4(j). For the avoidance of doubt, commencing on the Maturity Date of any Class of Revolving Credit Commitments, the sublimit for Letters of Credit under any Class of Revolving Credit Commitments that has not so then
matured shall be as agreed in the relevant Extension Amendment with the applicable Lenders. 

  
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 (l) If the Maturity Date occurs prior to the expiration of any Letter of Credit, then the
applicable Borrower shall Cash Collateralize any such Letter of Credit in accordance with Section 2.4(j). 
 (m)
If any LC Exposure exists at the time a Lender becomes a Defaulting Lender then: 
 (i) all or any part of the LC
Exposure of such Defaulting Lender shall be reallocated among the non-Defaulting Lenders in accordance with their respective Applicable Lender Percentages in respect of each applicable Revolving Credit
Facility, but only to the extent (A) the sum of all non-Defaulting Lenders’ Revolving Credit Exposure plus such Defaulting Lender’s LC Exposure does not exceed the total of all non-Defaulting Lenders’ applicable Revolving Credit Commitments and (B) the Revolving Credit Exposure of each non-Defaulting Lender after giving effect to such
reallocation does not exceed the applicable Revolving Credit Commitment of such non-Defaulting Lender; 

(ii) if the reallocation described in clause (i) above cannot, or can only partially, be effected, each applicable
Borrower shall, within three (3) Business Days following notice by the Agent, Cash Collateralize for the benefit of each applicable Issuing Bank in accordance with Section 2.4(j) only such Borrower’s obligations
corresponding to such Defaulting Lender’s LC Exposure (after giving effect to any partial reallocation pursuant to clause (i) above) in accordance with the procedures set forth in Section 7.1 for so long as such LC Exposure is
outstanding; 
 (iii) if a Borrower Cash Collateralizes any portion of such Defaulting Lender’s LC Exposure pursuant to
clause (ii) above, such Borrower shall not be required to pay any fees to such Defaulting Lender pursuant to Section 2.10(b) with respect to such Defaulting Lender’s LC Exposure during the period such Defaulting
Lender’s LC Exposure is Cash Collateralized except to the extent of such fees that became due and payable by such Borrower prior to the date such Lender became a Defaulting Lender (it being understood that any Cash Collateral provided pursuant
to this Section 2.18(c) shall be released promptly following the termination of the Defaulting Lender status of the applicable Lender); 

(iv) if the LC Exposure of the non-Defaulting Lenders is reallocated pursuant to clause
(i) above, then the fees payable to the Lenders pursuant to Section 2.10(a) and Section 2.10(b) shall be adjusted in accordance with such non-Defaulting
Lenders’ Applicable Lender Percentages; and 
 (v) if all or any portion of such Defaulting Lender’s LC Exposure is
neither reallocated nor Cash Collateralized pursuant to clause (i) or (ii) above, then, (A) without prejudice to any rights or remedies of any Issuing Bank or any other Lender hereunder, all fees payable under
Section 2.10(b) with respect to such Defaulting Lender’s LC Exposure shall be payable to each applicable Issuing Bank until and to the extent that such LC Exposure is reallocated and/or Cash Collateralized and
(B) the applicable Issuing Bank will have no obligation to issue new Letters of Credit, or to extend or renew existing Letters of Credit to the extent LC Exposure would exceed the non-Defaulting
Lenders’ Revolving Credit Commitments, unless such Borrower’s obligations corresponding to such Defaulting Lender’s LC Exposure is Cash Collateralized to the Issuing Bank’s reasonable satisfaction. 

  
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 Section 2.5. Funding of Borrowings. 

(a) Except for Borrowings to be made as Swingline Loans or an Agent Advance, each Lender shall make each Loan to be made by it hereunder on the
proposed date thereof by wire transfer of immediately available funds in the applicable currency by 10:00 a.m., New York City time, to the account of the Agent most recently designated by it for such purpose by notice to the Lenders;
provided, that same-day ABR Revolving Credit Loans, Canadian Base Rate Revolving Credit Loans and Canadian Prime Rate Revolving Credit Loans will be made by each applicable Lender on the proposed date
thereof by wire transfer of immediately available funds by 2:00 p.m., New York City time; provided, further, that Revolving Credit Loans to be made on the Closing Date shall be made promptly following the satisfaction of the conditions
precedent to the initial extension of credit hereunder set forth in Section 4.1). The Agent will make such Loans available to the applicable Borrower by promptly crediting the amounts so received, in like funds, to the
account designated by the Borrower Representative in the applicable Borrowing Request; provided, that ABR Loans, Canadian Prime Rate Loans and Canadian Base Rate Loans made to finance the reimbursement of an LC Disbursement as provided in
Section 2.4(e) shall be remitted by the Agent to the applicable Issuing Bank. 
 (b) Unless the Agent shall have
received notice from a Lender prior to the proposed date of any Borrowing that such Lender will not make available to the Agent such Lender’s share of such Borrowing, the Agent may assume that such Lender has made such share available on such
date in accordance with paragraph (a) of this Section 2.5 and may, in reliance upon such assumption, make available to the applicable Borrower a corresponding amount. In such event, if a Lender has not in fact made its
share of the applicable Borrowing available to the Agent, then the applicable Lender and the applicable Borrower severally agree to pay to the Agent forthwith on demand such corresponding amount with interest thereon, for each day from and including
the date such amount is made available to such Borrower to but excluding the date of payment to the Agent, at (i) in the case of such Lender, (x) in the case of Loans denominated in US Dollars, the greater of the Federal Funds Rate and a
rate reasonably determined by the Agent in accordance with banking industry rules on interbank compensation, and (y) in the case of Loans denominated in Canadian Dollars, the greater of the Bank of Canada overnight rate and a rate reasonably
determined by the Agent in accordance with banking industry rules on interbank compensation customary practice by the Agent to be the cost of it funding such amount, or (ii) in the case of the applicable Borrower, the interest rate applicable
to ABR Loans (if a US Borrower) or the Canadian Prime Rate (if a Canadian Borrower and in Canadian Dollars) or the Canadian Base Rate (if a Canadian Borrower and in US Dollars) of the applicable Class. If such Lender pays such amount to the Agent,
then such amount shall constitute such Lender’s Loan included in such Borrowing. 
 Section 2.6. Interest Elections. 

(a) Each Borrowing initially shall be of the Type specified in the applicable Borrowing Request and, in the case of a Eurodollar Borrowing or
BA Equivalent Rate Borrowing, shall 

  
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have an initial Interest Period as specified in such Borrowing Request; provided, that, if the Borrower Representative fails to specify a Type of Loan in the Borrowing Request, then the
Loans shall be made as ABR Loans (in the case of the US Borrowers) and Canadian Prime Rate Loans (in the case of the Canadian Borrowers) and if the Borrower Representative requests a Borrowing of Eurodollar Loans or BA Equivalent Rate Loans, but
fails to specify an Interest Period, it will be deemed to have requested an Interest Period of one month’s duration. Thereafter, the Borrower Representative may elect to convert such Borrowing to a different Type or to continue such Borrowing
and, in the case of a Eurodollar Borrowing or BA Equivalent Rate Borrowing, may elect Interest Periods therefor, all as provided in this Section 2.6. The Borrower Representative may elect different options with respect to different
portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing.
Notwithstanding any other provision of this Section 2.6, the Borrower Representative will not be permitted to change the currency of any Borrowing, except by repaying a Borrowing with a new Borrowing. This
Section 2.6 shall not apply to Swingline Borrowings or Agent Advances, which may not be converted or continued. 

(b) To make an election pursuant to this Section 2.6, the Borrower Representative shall notify the Agent of such election
Electronically by the time that a Borrowing Request would be required under Section 2.3 if the Borrower Representative were requesting a Revolving Credit Borrowing of the Type resulting from such election to be made on the
effective date of such election. Each such Interest Election Request submitted Electronically shall be irrevocable. 
 (c) Each Interest
Election Request submitted Electronically shall specify the following information in compliance with Section 2.2: 

(i) the Borrower with respect to such Borrowing; 

(ii) the Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to
different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be specified pursuant to clauses (iv) and (v) below shall be specified for each resulting Borrowing); 

(iii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; 

(iv) whether the resulting Borrowing is to be an ABR Borrowing, a Canadian Prime Rate Borrowing, a Canadian Base Rate
Borrowing, a BA Equivalent Rate Borrowing or a Eurodollar Borrowing; and 
 (v) if the resulting Borrowing is a Eurodollar
Borrowing or a BA Equivalent Rate Borrowing, the Interest Period to be applicable thereto after giving effect to such election, which shall be a period contemplated by the definition of the term “Interest Period”. 

  
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 If any such Interest Election Request requests a Eurodollar Borrowing but does not specify
an Interest Period, then the Borrower Representative shall be deemed to have selected an Interest Period of one (1) month’s duration. 

(d) Promptly following receipt of an Interest Election Request, the Agent shall advise each applicable Lender of the details thereof and of
such Lender’s portion of each resulting Borrowing. 
 (e) If the Borrower Representative fails to deliver a timely Interest Election
Request with respect to a Eurodollar Borrowing prior to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein at the end of such Interest Period, such Borrowing shall be converted to an ABR
Borrowing in the case of US Borrowers or a Canadian Base Rate Borrowing in the case of Canadian Borrowers. If the Borrower Representative fails to deliver a timely Interest Election Request with respect to a BA Equivalent Rate Borrowing prior to the
end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein at the end of such Interest Period, such Borrowing shall be converted to a Canadian Prime Rate Borrowing. Notwithstanding any contrary provision
hereof, if an Event of Default has occurred and is continuing and the Agent, at the request of the Required Lenders, so notifies the Borrower Representative, then, so long as an Event of Default is continuing (x) no outstanding Borrowing may be
converted to or continued as a Eurodollar Borrowing or a BA Equivalent Rate Borrowing and (y) unless repaid, at the end of the Interest Period applicable thereto, each Eurodollar Borrowing shall be converted to an ABR Borrowing in the case of
US Borrowers or a Canadian Base Rate Borrowing in the case of Canadian Borrowers, and each BA Equivalent Rate Borrowing shall be converted to a Canadian Prime Rate Borrowing. 

Section 2.7. Termination or Reduction or Reallocation of Commitments. 

(a) Unless previously terminated, the Revolving Credit Commitments shall terminate on the applicable Maturity Date. The commitments of the
Issuing Banks to issue, amend, renew or extend any Letters of Credit shall automatically terminate on the earlier to occur of (i) the termination of the Revolving Credit Commitments and (ii) the date that is three (3) Business Days
prior to the applicable Maturity Date. 
 (b) The applicable Borrower may at any time and from time to time without premium or penalty
terminate or reduce, the Revolving Credit Commitments under any Revolving Credit Facility (or under any tranche of the Revolving Credit Commitments); provided, that (i) each reduction of the Revolving Credit Commitments shall be in an
amount that is an integral multiple of $500,000 and not less than $1.0 million (or the remainder of such Revolving Credit Commitments), (ii) if, after giving effect to any reduction of the Revolving Credit Commitments, the US LC Sublimit, the
Canadian LC Sublimit, the US Swingline Sublimit or the Canadian Swingline Sublimit exceeds the amount of the applicable Revolving Credit Facility, such sublimit shall be automatically reduced by the amount of such excess, (iii) in any event,
the applicable Borrower shall not terminate or reduce (A) the US Revolving Credit Commitments if, after giving effect to any concurrent prepayment of the Revolving Credit Loans in accordance with Section 2.9, (x) the Total US
Revolving Credit Exposure would exceed the US Line Cap at such time or (y) the Total Revolving Credit Exposure would exceed the Line Cap at such time, or (B) the Canadian Revolving Credit Commitments if, after giving effect to any
concurrent 

  
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prepayment of the Loans in accordance with Section 2.9, (x) the Total Canadian Revolving Credit Exposure would exceed the Canadian Line Cap at such time or (y) the Total
Revolving Credit Exposure would exceed the Line Cap at such time, (iv) [reserved] and (v) any termination or permanent reduction of any Revolving Credit Commitments pursuant to this Section 2.7 shall be applied as directed by the
applicable Borrower, including as to any Class of Extended Revolving Credit Commitments, existing Revolving Credit Commitments or Incremental Revolving Commitments. Except as provided above, the amount of any such Revolving Credit Commitment
reduction shall not be applied to the US LC Sublimit, the Canadian LC Sublimit, the US Swingline Sublimit or the Canadian Swingline Sublimit unless otherwise specified by the Borrowers. 

(c) The Borrower Representative shall notify the Agent of any election to terminate or reduce the Revolving Credit Commitments under any
Revolving Credit Facility (or any tranche thereof) pursuant to paragraph (b) of this Section 2.7 at least three (3) Business Days prior to the effective date of such termination or reduction, specifying such election and the
effective date thereof. Promptly following receipt of any such notice, the Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the applicable Borrower pursuant to this Section 2.7 shall be
irrevocable; provided, that a notice of termination of the Revolving Credit Commitments or any Class delivered by the Borrower Representative may state that such notice is conditioned upon the effectiveness of other credit facilities or
any other financing, Disposition, sale or other transaction and such notice may be extended or rescinded. Any termination or reduction of the Revolving Credit Commitments shall be permanent (but subject to any increase pursuant to
Section 2.20). Each reduction of the Revolving Credit Commitments under any Revolving Credit Facility (other than any such reduction resulting from the termination of the Revolving Credit Commitment of any Lender as
provided in Section 2.18) shall be made ratably among the Lenders holding Revolving Credit Commitments under such Revolving Credit Facility. 

Section 2.8. Repayment of Revolving Credit Loans; Evidence of Debt. 

(a) Each US Borrower hereby unconditionally promises to pay to the Agent for the account of each US Revolving Credit Lender the then unpaid
principal amount of each US Revolving Credit Loan of such Lender on the Maturity Date. Each Canadian Borrower hereby unconditionally promises to pay to the Agent for the account of each Canadian Revolving Credit Lender the then unpaid principal
amount of each Canadian Revolving Credit Loan of such Lender on the Maturity Date. 
 (b) Each Lender shall maintain in accordance with its
usual practice an account or accounts evidencing the Indebtedness of the applicable Borrower to such Lender resulting from each Loan made by such Lender, including the amounts of principal and interest payable and paid to such Lender from time to
time hereunder. 
 (c) The Agent shall maintain accounts in which it shall record (i) the amount of each Loan made hereunder, the
Class and Type thereof and if applicable, the Interest Period applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the applicable Borrower to each Lender hereunder and
(iii) the amount of any sum received by the Agent hereunder for the account of the Lenders and each Lender’s share thereof. 

  
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 (d) The entries made in the accounts maintained pursuant to paragraph (b) or (c) of
this Section 2.8 shall be conclusive, absent manifest error, of the existence and amounts of the obligations recorded therein; provided, that the failure of any Lender or the Agent to maintain such accounts or any
error therein shall not in any manner affect the obligation of the applicable Borrower to repay the Loans in accordance with the terms of this Agreement. 

(e) Any Lender may request in writing through the Agent that the Loans made by it hereunder be evidenced by a Note. In such event, the
applicable Borrower shall prepare, execute and deliver to such Lender a Note payable to such Lender. Thereafter, the Loans evidenced by such Note and interest thereon shall at all times (including after assignment pursuant to
Section 9.4) be represented by one or more Note in such form payable to the payee named therein (and its registered assigns). 

Section 2.9. Prepayment of Loans. 

(a) Each Borrower shall have the right at any time and from time to time to prepay any Borrowing made by it in whole or in part, without
premium or penalty (but subject to Section 2.15), subject to prior notice in accordance with paragraph (c) of this Section 2.9. 

(b) Prior to any optional or mandatory prepayment of Borrowings hereunder, the Borrower Representative shall select the Borrowing or
Borrowings to be prepaid and shall specify such selection in the notice of such prepayment pursuant to paragraph (c) of this Section 2.9; provided that optional prepayments shall be applied (i) first, to
accrued interest on the amount of Revolving Credit Loans prepaid, and (ii) second, to the outstanding principal amount of any class of Revolving Credit Loans. 

(c) The Borrower Representative shall notify the Agent Electronically of any prepayment hereunder (i) in the case of prepayment of a
Eurodollar Borrowing or BA Equivalent Rate Borrowing, not later than 11:00 a.m., New York City time, three (3) Business Days before the date of prepayment (or such later time and/or date as may be agreed by the Agent in its reasonable
discretion) or (ii) in the case of prepayment of an ABR Borrowing, Canadian Prime Rate Borrowing or Canadian Base Rate Borrowing, not later than 11:00 a.m., New York City time, one (1) Business Day before the date of prepayment (or such
later time and/or date as may be agreed by the Agent in its reasonable discretion). Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each Borrowing or portion thereof to be prepaid;
provided, that any notice of prepayment may be conditioned upon the effectiveness of other credit facilities or any other financing, Disposition, sale or other transaction and any such notice may be extended or rescinded. Promptly following
receipt of any such notice relating to a Borrowing, the Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing shall be in an amount that would be permitted in the case of an advance of a Borrowing of the
same Type as provided in Section 2.2. Prepayments shall be accompanied by accrued interest to the extent required by Section 2.12. Each repayment of a Borrowing shall be applied to the Loans
included in the repaid Borrowing such that each Lender holding Loans included in such repaid Borrowing receives its ratable share 

  
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of such repayment (based upon the respective US Revolving Credit Exposures or Canadian Revolving Credit Exposures, as the case may be, of the Lenders holding Loans included in such repaid
Borrowing at the time of such repayment). Notwithstanding anything to the contrary in this Agreement, (x) after any Extension, the Borrowers may voluntarily prepay any Borrowing of any Class of
non-extended Revolving Credit Loans (and terminate the related Revolving Credit Commitment) pursuant to which the related Extension Offer was made without any obligation to prepay the corresponding Revolving
Credit Loans subject to such Extension Offer or may voluntarily prepay any Borrowing of any such Revolving Credit Loans (and terminate the related Extended Revolving Credit Commitment) pursuant to which the related Extension Offer was made without
any obligation to voluntarily prepay the corresponding non-extended Revolving Credit Loan and (y) after the effectiveness of any Incremental Facility, the Borrowers may voluntarily prepay (and terminate
the related Revolving Credit Commitment with respect to) any Borrowing of any Revolving Credit Loans without any obligation to voluntarily prepay (or terminate the related Revolving Credit Commitment with respect to) any other Class of
Revolving Credit Loan, or may voluntarily prepay (and terminate the related Revolving Credit Commitment with respect to) any Borrowing of any Class of Revolving Credit Loans, without any obligation to voluntarily prepay (or terminate the
related Revolving Credit Commitment with respect to) the any other Class of Revolving Credit Loans. 
 Section 2.10. Fees.

 (a) The US Borrowers shall pay to the Agent for the account of each US Revolving Credit Lender (other than any Defaulting Lenders) in
accordance with its Applicable Lender Percentage, a commitment fee for the period from the Closing Date to but excluding the Maturity Date (or such earlier date on which the Revolving Credit Commitments shall have expired or terminated) equal to the
Commitment Fee Rate divided by three hundred and sixty (360) days and multiplied by the number of days in the Fiscal Quarter and then multiplied by the amount, if any, by which the Average Facility Balance with respect to
the Revolving Credit Facility for such Fiscal Quarter (or portion thereof that the US Revolving Credit Commitments are in effect) is less than the aggregate amount of the US Revolving Credit Commitments; provided that if the Revolving Credit
Commitments are terminated on a day other than the first day of a Fiscal Quarter, then any such fee payable for the Fiscal Quarter in which termination shall occur shall be paid on the effective date of such termination and shall be based upon the
number of days that have elapsed during such period. The foregoing notwithstanding, in accordance with Section 2.20(b), the applicable lenders may consent to a different Commitment Fee Rate to be paid pursuant to the terms
of any applicable Incremental Amendment or Extension Offer. Accrued Commitment Fees shall be payable in arrears on the first day of each January, April, July and October of each year and on the date on which the Revolving Credit Commitments
terminate, commencing on July 1, 2017. All Commitment Fees shall be payable for the actual number of days elapsed (including the first day but excluding the last day). 

(b) (i) Each applicable Borrower agrees to pay to the Agent for the account of each applicable Lender a participation fee with respect to
its participations in applicable Letters of Credit under a Facility, which shall accrue at (x) in the case of standby Letters of Credit, the same Applicable Margin used to determine the interest rate applicable to Eurodollar Revolving Credit
Loans and (y) in the case of trade or commercial Letters of Credit, 50.0% of the Applicable Margin used to determine the interest rate applicable to Eurodollar Revolving Credit 

  
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Loans, in each case, on the average daily amount of such Lender’s LC Exposure in respect of such Letters of Credit (excluding any portion thereof attributable to unreimbursed LC
Disbursements) during the period from and including the Closing Date to but excluding the later of the date on which such Lender’s Revolving Credit Commitment terminates and the date on which such Lender ceases to have any LC Exposure with
respect to any Letters of Credit. Each applicable Borrower, severally but not jointly, agrees to pay to each Issuing Bank under a Facility a fronting fee, which shall accrue at the rate of 0.125% per annum on the average daily amount of the
applicable LC Exposure (excluding any portion thereof attributable to unreimbursed LC Disbursements) attributable to the Letters of Credit issued by such Issuing Bank on account of such Borrower during the period from and including the Closing Date
to but excluding the later of the date of termination of the Revolving Credit Commitments and the date on which there ceases to be any LC Exposure attributable to the Letters of Credit issued by such Issuing Bank, as well as such Issuing Bank’s
standard fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder. Accrued participation fees and fronting fees under this paragraph (b) shall be payable in US Dollars on
the first day of each January, April, July and October of each year and on the date on which the Revolving Credit Commitments terminate, commencing on July 1, 2017; provided, that any such fees accruing after the date on which the
Revolving Credit Commitments terminate shall be payable on demand. Any other fees payable to any Issuing Bank pursuant to this paragraph shall be payable within thirty (30) days after written demand therefor. All participation fees and fronting
fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day). 

(c) The Parent Borrower agrees to pay to the Agent for its own account, the Agent fees with respect to the Revolving Credit Facility described
in the Fee Letter.;
provided that, such fee payable to the Agent shall, by execution and delivery of the Fifth Amendment by the Agent and the Parent Borrower, be deemed to have been modified as set forth in paragraph 3 of Exhibit B to that certain ABL Facility
Amendment Commitment Letter dated as of December 20, 2020 by and among Bank of America, N.A., Truist Bank and SBP Merger Sub, Inc. without further action by any party to the Fee Letter.

 (d) All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Agent (or to the applicable
Issuing Bank) for distribution, in the case of Commitment Fees and participation fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances (except as otherwise expressly agreed). 

Section 2.11. Mandatory Prepayments. 

(a) If for any reason (including in connection with currency fluctuations after a two (2) Business Day period), at any time (i) the
Total US Revolving Credit Exposure exceeds the US Line Cap, the US Borrowers shall within one (1) Business Day after receipt of written notice thereof from the Agent prepay US Revolving Credit Loans and/or Cash Collateralize US Letters of
Credit (in accordance with Section 2.4(j)) in an aggregate amount equal to the amount that Total US Revolving Credit Exposure exceeds the US Line Cap or (ii) the Total Canadian Revolving Credit Exposure exceeds the
Canadian Line Cap, the Canadian Borrowers shall within one (1) Business Day after receipt of written notice thereof from the Agent prepay 

  
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Canadian Revolving Credit Loans and/or Cash Collateralize Canadian Letters of Credit (in accordance with Section 2.4(j)) in an aggregate amount equal to the amount that
Total Canadian Revolving Credit Exposure exceeds the Canadian Line Cap. 
 (b) Amounts to be applied pursuant to this
Section 2.11 shall be applied to reduce Revolving Credit Exposure (it being understood that Revolving Credit Exposure shall be deemed reduced to the extent of any Cash Collateralization of LC Exposure solely for purposes of
determining whether any further mandatory prepayment is required); provided that to the extent that any Revolving Credit Exposure is reduced by prepaying Revolving Credit Loans, such amounts shall be applied (A) first, to reduce outstanding
Revolving Credit Loans consisting of ABR Loans (if paid by US Borrowers), or Canadian Prime Rate Loans and Canadian Base Rate Loans (if paid by Canadian Borrowers), and (A) any amounts remaining after each such application shall be applied to
prepay outstanding US Revolving Credit Loans (if paid by US Borrowers) or Canadian Revolving Credit Loans (if paid by Canadian Borrowers) consisting of Eurodollar Loans and BA Equivalent Rate Loans in a manner that minimizes the amount of any
payments required to be made by the Borrowers pursuant to Section 2.15. No permanent reduction of Revolving Credit Commitments will be required in connection with any prepayment pursuant to this
Section 2.11. 
 Section 2.12. Interest. 

(a) Subject to Section 9.17, each Loan shall bear interest at the applicable Reference Rate, plus the Applicable
Margin. 
 (b) Following the occurrence and during the continuation of a Specified Event of Default, the applicable Borrower shall pay
interest on overdue amounts hereunder at a rate per annum equal to (i) in the case of overdue principal of, or interest on, any Loan, 2.00% plus the rate otherwise applicable to such Loan as provided in the preceding paragraphs of this
Section 2.12 or (i) in the case of any other overdue amount, 2.00% plus the rate applicable to ABR Loans (in the case of US Borrowers) or Canadian Prime Rate Loans (in the case of Canadian Borrowers) and denominated in
Canadian Dollars) or Canadian Base Rate Loans (in the case of Canadian Borrowers and denominated in US Dollars) as provided in paragraph (a) of this Section 2.12. 

(c) Accrued interest on each Loan shall be payable in arrears on each Interest Payment Date for such Loan and upon termination of the
Revolving Credit Commitments; provided, that (i) interest accrued pursuant to paragraph (b) of this Section 2.12 shall be payable on written demand, (ii) in the event of any repayment or prepayment of
any Loan (other than a prepayment of an ABR Revolving Credit Loan, Canadian Prime Rate Revolving Credit Loan or Canadian Base Rate Revolving Credit Loan and that is not made in connection with the termination or permanent reduction of Revolving
Credit Commitments), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment and (iii) in the event of any conversion of any Eurodollar Loan or BA Equivalent Rate Loan prior to the
end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. 

  
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 (d) All interest hereunder shall be computed on the basis of a year of 360 days (or a 365- or 366-day year, as the case may be, in the case of ABR Loans, or a 365-day year in the case of Canadian Prime Rate Loans,
Canadian Base Rate Loans and BA Equivalent Rate Loans). 
 (e) Notwithstanding anything to the contrary in the foregoing clauses
(a) and (b), and to the extent in compliance with Section 2.20 or Section 2.22, as applicable, Loans made pursuant to an Incremental Facility or extended in connection with an Extension Offer
shall bear interest at the rate set forth in the applicable Permitted Amendment to the extent a different interest rate is specified therein. 

(f) For the purposes of the Interest Act (Canada) and disclosure thereunder, whenever any interest or any fee to be paid under any Loan
Document or in connection therewith is to be calculated on the basis of a 360-day or 365-day year (or any other period that is less than a calendar year), the yearly
rate of interest to which the rate used in such calculation is equivalent is the rate so used multiplied by the actual number of days in the calendar year in which the same is to be ascertained and divided by 360 or 365 (or such other period that is
less than a calendar year), as applicable. The rates of interest and the Applicable Margins and other rates specified under this Agreement are nominal rates, and not effective rates or yields. The principle of deemed reinvestment of interest does
not apply to any interest calculation under this Agreement. Each Canadian Loan Party confirms that it fully understands and is able to calculate the rate of interest applicable to loans, advances, liabilities and obligations under this Agreement
based on the methodology for calculating per annum rates provided for in this Agreement. Each Canadian Loan Party hereby irrevocably agrees not to plead or assert, whether by way of defense or otherwise, in any proceeding relating to this Agreement
or any Loan Documents, that the interest payable under this Agreement and the calculation thereof has not been adequately disclosed to such Canadian Loan Party as required pursuant to Section 4 of the Interest Act (Canada). 

(g) If any provision of this Agreement would oblige a Canadian Loan Party to make any payment of interest or other amount payable to any
Secured Party in an amount or calculated at a rate which would result in a receipt by that Secured Party of “interest” at a “criminal rate” (as such terms are construed under the Criminal Code (Canada)), then, notwithstanding
such provision, such amount or rate shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would not so result in a receipt by that Secured Party of “interest” at a
“criminal rate”, such adjustment to be effected, to the extent necessary (but only to the extent necessary), as follows: (i) first, by reducing the amount or rate of interest; and (ii) thereafter, by reducing any fees,
commissions, costs, expenses, premiums and other amounts required to be paid which would constitute interest for purposes of section 347 of the Criminal Code (Canada). 

Section 2.13. Alternate Rate of Interest. 

(a) If in connection with any request for a Eurodollar Loan or BA Equivalent Rate Loan or a conversion to or continuation thereof, (i) the
Agent determines that (A) Dollar deposits are not being offered to banks in the London interbank market for the applicable amount and Interest Period of such Eurodollar Loan; (B) bankers’ acceptances are not being offered to banks in
the Toronto interbank market for the applicable amount and Interest Period of such BA Equivalent Rate Loan, as the case may be; or (C) (x) adequate and reasonable means do not exist 

  
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for determining the LIBO Rate or BA Equivalent Rate for any requested Interest Period with respect to a proposed Eurodollar Loan or BA Equivalent Rate Loan or in connection with an existing or
proposed ABR Loan (in the case of US Borrowers), Canadian Base Rate Loan (in the case of Canadian Borrowers) or Canadian Prime Rate Loan (in the case of Canadian Borrowers) and (y) the circumstances described in Section 2.13(c)(i) do not
apply (in each case with respect to this clause (i), “Impacted Loans”), or (ii) the Agent or the Required Lenders determine that for any reason the LIBO Rate or BA Equivalent Rate for any requested Interest Period with respect
to a proposed Eurodollar Loan or BA Equivalent Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Eurodollar Loan or BA Equivalent Rate Loan, the Agent will promptly so notify the Borrower Representative and
each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Loans or BA Equivalent Rate Loans, as the case may be, shall be suspended, (to the extent of the affected Eurodollar Loans or BA Equivalent Rate Loans or
Interest Periods), and (y) in the event of a determination described in the preceding sentence with respect to the LIBO Rate component of the ABR Rate or Canadian Base Rate or the BA Equivalent Rate component of the Canadian Prime Rate, the
utilization of the LIBO Rate or BA Equivalent Rate component in determining the ABR Rate, Canadian Base Rate or Canadian Prime Rate, as applicable, shall be suspended, in each case until the Agent (or, in the case of a determination by the Required
Lenders described in clause (ii) of Section 2.13(a), until the Agent upon instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower Representative may revoke any pending
request for a Borrowing of, conversion to or continuation of Eurodollar Loans or BA Equivalent Rate Loans (to the extent of the affected Eurodollar Loans or BA Equivalent Rate Loans or Interest Periods) or, failing that, will be deemed to have
converted such request into a request for a Borrowing of ABR Loans, Canadian Base Rate Loans or Canadian Prime Rate Loans, as applicable, in the amount specified therein. 

(b) Notwithstanding the foregoing, if the Agent has made the determination described in clause (i) of
Section 2.13(a), the Agent, with the consent of the Borrower Representative, may establish an alternative interest rate for the Impacted Loans, in which case, such alternative rate of interest shall apply with respect to
the Impacted Loans until (i) the Agent revokes the notice delivered with respect to the Impacted Loans under clause (i) of the first sentence of Section 2.13(a), (ii) the Agent or the Required Lenders
notify the Agent and the Borrower Representative that such alternative interest rate does not adequately and fairly reflect the cost to such Lenders of funding the Impacted Loans, or (iii) any Lender determines that any law has made it
unlawful, or that any Governmental Authority has asserted that it is unlawful, for such Lender or its applicable lending office to make, maintain or fund Loans whose interest is determined by reference to such alternative rate of interest or to
determine or charge interest rates based upon such rate or any Governmental Authority has imposed material restrictions on the authority of such Lender to do any of the foregoing and provides the Agent and the Borrower Representative written notice
thereof. 
 (c) Notwithstanding anything to the contrary in this Agreement or any other Loan Documents, if the Agent determines (which
determination shall be conclusive absent manifest or demonstrable error), or the Borrower Representative or Required Lenders notify the Agent (with, in the case of the Required Lenders, a copy to the Borrower Representative) that the Borrower
Representative or Required Lenders (as applicable) have determined, that: 
 (i) adequate and reasonable means do not exist
for ascertaining the LIBO Rate for any requested Interest Period, including, without limitation, because the LIBO Screen Rate is not available or published on a current basis and such circumstances are unlikely to be temporary; or 

  
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 (ii) the administrator of the LIBO Screen Rate or a Governmental Authority
having jurisdiction over the Agent has made a public statement identifying a specific date after which the LIBO Rate or the LIBO Screen Rate shall no longer be made available, or used for determining the interest rate of loans, provided that, at the
time of such statement, there is no successor administrator that is satisfactory to the Agent, that will continue to provide the LIBO Rate after such specific date (such specific date, the “Scheduled Unavailability Date”); or 

(iii) syndicated loans currently being executed, or that include language similar to that contained in this
Section 2.13, are being executed or amended (as applicable) to incorporate or adopt a new benchmark interest rate to replace the LIBO Rate, 

then, reasonably promptly after such determination by the Agent or receipt by the Agent of such notice, as applicable, the Agent and the
Borrower Representative may amend this Agreement solely for the purpose of replacing the LIBO Rate in accordance with this Section 2.13 with (x) one or more SOFR-Based Rates or (y) another alternate benchmark rate giving due
consideration to any evolving or then existing convention for similar U.S. dollar denominated syndicated credit facilities for such alternative benchmarks and, in each case, including any mathematical or other adjustments to such benchmark giving
due consideration to any evolving or then existing convention for similar U.S. dollar denominated syndicated credit facilities for such benchmarks, which adjustment or method for calculating such adjustment shall be published on an information
service as selected by the Agent from time to time in its reasonable discretion and may be periodically updated (the “Adjustment;” and any such proposed rate, a “LIBOR Successor Rate”), and any such amendment shall
become effective at 5:00 p.m. on the fifth Business Day after the Agent shall have posted such proposed amendment to all Lenders and the Borrower Representative unless, prior to such time, Lenders comprising the Required Lenders have delivered to
the Agent written notice that such Required Lenders (A) in the case of an amendment to replace LIBOR with a rate described in clause (x), object to the Adjustment; or (B) in the case of an amendment to replace the LIBO Rate with a rate
described in clause (y), object to such amendment; provided that for the avoidance of doubt, in the case of clause (A), the Required Lenders shall not be entitled to object to any SOFR-Based Rate contained in any such amendment. Such LIBOR
Successor Rate shall be applied in a manner consistent with market practice; provided that to the extent such market practice is not administratively feasible for the Agent, such LIBOR Successor Rate shall be applied in a manner as otherwise
reasonably determined by the Agent in consultation with the Borrower. 
 If no LIBOR Successor Rate has been determined and the
circumstances under clause (i) above exist or the Scheduled Unavailability Date has occurred (as applicable), the Agent will promptly so notify the Borrower Representative and each Lender. Thereafter, (x) the obligation of the Lenders to
make or maintain Eurodollar Loans shall be suspended (to the extent of the affected Adjusted LIBO Rate Loans or Interest Periods), and (y) the LIBO Rate component shall no longer be utilized in determining the ABR Rate and Canadian Base Rate,
respectively. Upon 

  
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receipt of such notice, the Borrower Representative may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Loans (to the extent of the affected Eurodollar
Loans or Interest Periods) or, failing that, will be deemed to have converted such request into a request for a Borrowing of ABR Loans or Canadian Base Rate Loans, as the case may be, (subject to the foregoing clause (y)) in the amount specified
therein. 
 Notwithstanding anything else herein, any definition of LIBOR Successor Rate shall provide that in no event shall such LIBOR
Successor Rate be less than 0.50% for purposes of this Agreement. 
 In connection with the implementation of a LIBOR Successor Rate, the
Agent will have the right to make LIBOR Successor Rate Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Loan Document, any amendments implementing such LIBOR Successor Rate Conforming Changes
will become effective without any further action or consent of any other party to this Agreement; provided that, with respect to any such amendment effected, the Agent shall post each such amendment implementing such LIBOR Successor Conforming
Changes to the Lenders reasonably promptly after such amendment becomes effective. 
 Section 2.14. Increased Costs. 

(a) If any Change in Law shall: 

(i) subject the Agent, any Lender or any Issuing Bank to any Taxes (other than (A) Indemnified Taxes, (B) Taxes
described in clauses (b) through (g) of the definition of Excluded Taxes or (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits, reserves, other liabilities or
capital attributable thereto; 
 (ii) impose, modify or deem applicable any reserve, special deposit or similar requirement
against assets of, deposits with or for the account of, or credit extended by, any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate or BA Equivalent Rate) or any Issuing Bank; or 

(iii) impose on any Lender or any Issuing Bank or the London interbank market any other condition, cost or expense (excluding
any condition, cost or expense relating to Taxes) affecting this Agreement or Eurodollar Loans or BA Equivalent Rate Loans made by such Lender or any Letter of Credit or participation therein; and 

(iv) the result of any of the foregoing shall be to increase the cost to such Lender (or in the case of clause (i) above,
to the Agent, such Lender or such Issuing Bank, as the case may be) of making or maintaining any Eurodollar Loan or BA Equivalent Rate Loan (or in the case of clause (i) above, any Loan) (or of maintaining its obligation to make any such Loan)
or to increase the cost to the Agent, such Lender or such Issuing Bank, as the case may be, of participating in, issuing or maintaining any Letter of Credit or to reduce the amount of any sum received or receivable by the Agent, such Lender or such
Issuing Bank, as the case may be, hereunder (whether of principal, 

  
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interest or otherwise), the applicable Borrower will pay to the Agent, such Lender or such Issuing Bank, as the case may be, such additional amount or amounts as will compensate the Agent, such
Lender or such Issuing Bank, as the case may be, for such additional costs incurred or reduction suffered; provided, in each case, that the Agent or such Lender or such Issuing Bank has requested such payments from similarly situated
borrowers. 
 (b) If any Lender or any Issuing Bank determines that any Change in Law regarding capital or liquidity requirements has or
would have the effect of reducing the rate of return on such Lender’s or such Issuing Bank’s capital or on the capital of such Lender’s or such Issuing Bank’s holding company, if any, as a consequence of this Agreement or the
Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such Issuing Bank, to a level below that which such Lender or such Issuing Bank or such Lender’s or such Issuing Bank’s holding
company could have achieved but for such Change in Law (taking into consideration such Lender’s or such Issuing Bank’s policies and the policies of such Lender’s or such Issuing Bank’s holding company with respect to capital
adequacy or liquidity), then from time to time the applicable Borrower will pay to such Lender or such Issuing Bank, as the case may be, such additional amount or amounts as will compensate such Lender or such Issuing Bank or such Lender’s or
such Issuing Bank’s holding company for any such reduction; provided, in each case, that the Agent or such Lender or such Issuing Bank has requested such payments from similarly situated borrowers. 

(c) A certificate of a Lender or an Issuing Bank setting forth in reasonable detail the matters giving rise to a claim under this
Section 2.14 by such Lender or such Issuing Bank or its holding company, as the case may be, as specified in paragraph (a) or (b) of this Section 2.14 shall be delivered to the Borrower Representative and shall
be conclusive absent manifest error. The applicable Borrower shall pay such Lender or such Issuing Bank, as the case may be, the amount shown as due on any such certificate within ten (10) Business Daysthirty (30) calendar days after receipt thereof. 

(d) Failure or delay on the part of any Lender or any Issuing Bank to demand compensation pursuant to this
Section 2.14 shall not constitute a waiver of such Lender’s or such Issuing Bank’s right to demand such compensation; provided, that the applicable Borrower shall not be required to compensate a Lender or
an Issuing Bank pursuant to this Section 2.14 for any increased costs or reductions incurred more than 180120 days prior to the date that such Lender or such Issuing Bank, as the
case may be, notifies the Borrower Representative of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or such Issuing Bank’s intention to claim compensation therefor; provided, further,
that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the 180120 day period referred to above shall be extended to include the period
of retroactive effect thereof. 
 (e) If any Lender reasonably determines that any Requirement of 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 Eurodollar Loans or BA Equivalent Rate Loans, or to determine or charge interest rates based upon the Adjusted
LIBO Rate or the BA Equivalent Rate, then, on notice thereof by such Lender to the Borrower Representative through the Agent, any obligation of such Lender to make or continue Eurodollar Loans or BA 

  
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Equivalent Rate or to convert ABR Loans or Canadian Base Rate Loans to Eurodollar Loans or to convert Canadian Prime Rate Loans to BA Equivalent Rate Loans shall be suspended until such Lender
notifies the Agent and the Borrower Representative that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, the Borrower Representative may at its option revoke any pending request for a borrowing of,
conversion to or continuation of Eurodollar Loans or BA Equivalent Rate Loans and shall, upon demand from such Lender (with a copy to the Agent), prepay or, if applicable, convert all Eurodollar Loans of such Lender to ABR Loans or Canadian Base
Rate Loans, as applicable, or convert all BA Equivalent Rate Loans of such Lender to Canadian Prime Rate Loans, either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Loans or BA
Equivalent Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurodollar Loans or BA Equivalent Rate Loans. Upon any such prepayment or conversion, the applicable Borrower shall also pay accrued
interest on the amount so prepaid or converted. Each Lender agrees to designate a different lending office if such designation will avoid the need for such notice and will not, in the good faith judgment of such Lender, otherwise cause economic,
legal or regulatory disadvantage to such Lender. 
 Section 2.15. Break Funding Payments. In the event of (a) the payment
of any principal of any Eurodollar Loan or BA Equivalent Rate Loan other than on the last day of an Interest Period applicable thereto (including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan or BA Equivalent Rate
Loan other than on the last day of the Interest Period applicable thereto, (c) the failure to borrow, convert, continue or prepay any Eurodollar Loan or BA Equivalent Rate Loan on the date specified in any notice delivered pursuant hereto
(regardless of whether such notice is conditional as contemplated by Section 2.9(c) and such condition is not satisfied) or (d) the assignment of any Eurodollar Loan or BA Equivalent Rate Loan other than on the last
day of the Interest Period applicable thereto as a result of a request by the applicable Borrower pursuant to Section 2.18(b) or (c), then, in any such event, the applicable Borrower shall compensate each Lender for
the loss, cost and expense attributable to such event. Such loss, cost or expense to any Lender shall consist of an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the
principal amount of such Loan had such event not occurred, (i) at the Adjusted LIBO Rate (determined without regard to the proviso in the definition thereof) that would have been applicable to such Eurodollar Loan, or (ii) at the BA
Equivalent Rate (determined without regard to the proviso in the definition thereof) that would have been applicable to such BA Equivalent Rate Loan, in each case for the period from the date of such event to the last day of the then current
Interest Period therefor (or, in the case of a failure to borrow, convert or continue, for the period that would have been the Interest Period for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such
period at the interest rate which such Lender would bid were it to bid, at the commencement of such period, for US Dollar deposits of a comparable amount and in the same currency and period from other banks in the eurocurrency market or for
Canadian Dollar bankers’ acceptances in the Canadian interbank market, as applicable. A certificate of any Lender setting forth any amount or amounts that such Lender is entitled to receive pursuant to this
Section 2.15 shall be delivered to the Borrower Representative and shall be conclusive absent manifest error. Absent manifest error in the determination of such amount, the applicable Borrower shall pay such Lender the
amount shown as due on any such certificate within ten
(10) Business Daysthirty (30) calendar days after receipt thereof. 

  
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 Section 2.16. Taxes. 

(a) Any and all payments by or on account of any obligation of any Loan Party hereunder or under any other Loan Document shall be made free and
clear of and without deduction or withholding for any Taxes, except as required by Requirement of Tax Law. If the applicable Withholding Agent shall be required (as determined by such Withholding Agent in its good faith discretion) by Requirement of
Tax Law to deduct or withhold any Taxes from such payments, then (i) in the case of deduction or withholding for Indemnified Taxes, the sum payable shall be increased by the applicable Loan Party as necessary so that after making all required
deductions (including such deductions and withholdings applicable to additional sums payable under this Section 2.16(a)) the Agent, Lender or Issuing Bank (as the case may be) receives an amount equal to the sum it would
have received had no such deductions or withholdings been made, (ii) the applicable Withholding Agent shall make or cause to be made such deductions or withholdings and (iii) the applicable Withholding Agent shall pay or cause to be paid
the full amount deducted to the relevant Governmental Authority in accordance with Requirement of Tax Law. 
 (b) In addition, the
applicable Loan Party shall timely pay to the relevant Governmental Authority in accordance with applicable law, or at the option of the Agent timely reimburse it for the payment of, any Other Taxes. 

(c) The Loan Parties shall jointly and severally indemnify the Agent, each Lender and each Issuing Bank, within thirty (30) days after
written demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts payable under this Section 2.16) payable or paid by the Agent, such Lender
or such Issuing Bank or required to be withheld or deducted from a payment to the Agent or Lender or Issuing Bank, as the case may be, on or with respect to any payment by or on account of any obligation of the Loan Parties hereunder or under any
other Loan Document and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A certificate setting forth in
reasonable detail the basis for such claim and the calculation of the amount of any such payment or liability shall be delivered to the Borrower Representative by a Lender or an Issuing Bank (with a copy to the Agent) or by the Agent on its own
behalf or on behalf of a Lender or an Issuing Bank, and shall be conclusive absent manifest error. 
 (d) As soon as practicable after any
payment of Taxes by a Loan Party to a Governmental Authority pursuant to this Section 2.16, the applicable Loan Party shall deliver to the 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 Agent. 

(e) 

(i) (i) Any Lender or Issuing Bank that is entitled to an exemption from or reduction of withholding Tax with respect to
payments made under any Loan Document shall deliver to the Borrower Representative and the Agent, at the time or times reasonably requested by the Borrower Representative or the Agent, such properly 

  
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completed and executed documentation reasonably requested by the Borrower Representative or the Agent as will permit such payments to be made without withholding or at a reduced rate of
withholding. In addition, any Lender or Issuing Bank, if reasonably requested by the Borrower Representative or the Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the Borrower Representative or
the Agent as will enable the Borrower Representative or the Agent to determine whether or not such Lender or Issuing Bank is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the
preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 2.16(e)(ii)(A), (B)(ii)(B) and (ii)(D) below) shall not be required
if in the Lender’s or Issuing Bank’s reasonable judgment such completion, execution or submission would subject such Lender or Issuing Bank to any material unreimbursed cost or expense or would materially prejudice the legal or commercial
position of such Lender or Issuing Bank. 
 (ii) Without limiting the generality of the foregoing, 

(A) any Lender or Issuing Bank that is a US Person shall deliver to the Borrower Representative and the Agent on or prior to
the date on which such Lender or Issuing Bank becomes a Lender or Issuing Bank under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower Representative or the Agent), executed copies of IRS Form W-9 certifying that such Lender or Issuing Bank is exempt from US federal backup withholding tax; 

(B) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower Representative and the
Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender or Issuing Bank under this Agreement (and from time to time thereafter upon the reasonable request of the
Borrower Representative or the Agent), whichever of the following is applicable: 
 (1) in the case of a Foreign Lender
claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Loan Document, executed copies of IRS Form W-8BEN or W-8BEN-E, as applicable, establishing an exemption from, or reduction of, US federal withholding Tax pursuant to the “interest” article of such tax treaty and
(y) with respect to any other applicable payments under any Loan Document, executed copies of IRS Form W-8BEN or W-8BEN-E,
as applicable, establishing an exemption from, or reduction of, US federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty; 

(2) executed copies of IRS Form W-8ECI; 

(3) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under Section 881(c) of
the Code, (x) a certificate substantially in the form of Exhibit F-1 to the effect that 

  
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such Foreign Lender is not a “bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the applicable Borrower within the meaning
of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “US Tax Compliance Certificate”) and (y) executed copies of IRS Form W-8BEN or W-8BEN-E, as applicable; or 

(4) to the extent a Foreign Lender is not the beneficial owner, executed copies of IRS Form
W-8IMY, accompanied by IRS Form W-8ECI, IRS Form W-8BEN or
W-8BEN-E, as applicable, a US Tax Compliance Certificate substantially in the form of Exhibit F-2 or Exhibit F-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if the Foreign Lender is a partnership and one or
more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a US Tax Compliance Certificate substantially in the form of Exhibit
F-4 on behalf of each such direct and indirect partner; 
 (C) any Foreign Lender
shall, to the extent it is legally entitled to do so, deliver to the Borrower Representative and the Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender or
Issuing Bank under this Agreement (and from time to time thereafter upon the reasonable request of the applicable Borrower or the Agent), executed copies of any other form prescribed by applicable law as a basis for claiming exemption from or a
reduction in US federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the applicable Borrower or the Agent to determine the withholding or deduction required to be
made; and 
 (D) If a payment made to a Lender or Issuing Bank under any Loan Document would be subject to US federal
withholding Tax imposed pursuant to FATCA if such Lender or Issuing Bank were to fail to comply with any requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender or Issuing Bank
shall deliver to the Borrower Representative and the Agent, at the time or times prescribed by law and at such time or times reasonably requested by the Borrower Representative or the Agent, such documentation prescribed by any Requirement of Tax
Law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower Representative or the Agent as may be necessary for the Borrower Representative and the Agent to comply
with their obligations under FATCA, to determine whether such Lender or Issuing Bank has or has not complied with such Lender’s or Issuing Bank’s obligations under FATCA and to determine the amount (if any) to deduct and withhold from such
payment. To the extent that the relevant documentation provided pursuant to this paragraph is rendered obsolete or 

  
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inaccurate in any respect as a result of changes in circumstances with respect to the status of a Lender or Issuing Bank, such Lender or Issuing Bank shall, to the extent permitted by Requirement
of Tax Law, deliver to the Borrower Representative and the Agent revised and/or updated documentation sufficient for the Borrower Representative and the Agent to confirm as to whether such Lender or Issuing Bank has complied with its respective
obligations under FATCA. Solely for purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

Each Lender and Issuing Bank agrees that if any form or certification it previously delivered expires or becomes obsolete or inaccurate in any
respect, it shall update such form or certification or promptly notify the Borrower Representative and the Agent in writing of its legal inability to do so. 

(f) Each Lender and Issuing Bank shall indemnify the Agent for the full amount of (i) any Taxes imposed by any Governmental Authority
that are attributable to such Lender or Issuing Bank (but only to the extent that an applicable Loan Party has not already indemnified the Agent for such Taxes and without limiting the obligation of the applicable Loan Parties to do so) and
(ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 9.4(c)(i) relating to the maintenance of a Participant Register, in each case, that are payable or paid by the Agent in
connection with any Loan Document, together with all interest, penalties, reasonable costs and expenses arising therefrom or with respect thereto, as determined by the Agent in good faith, whether or not such Taxes were correctly or legally imposed
or asserted by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender or Issuing Bank by the Agent shall be conclusive absent manifest error. Should the applicable Withholding Agent
not deduct or withhold any Taxes imposed by FATCA from a payment under any Loan Document based on the documentation provided by a Lender or Issuing Bank pursuant to Section 2.16(e)(ii), any amounts subsequently determined
by a Governmental Authority to be subject to US federal withholding Tax imposed pursuant to FATCA (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) shall be indemnified by such Lender or Issuing Bank. A
certificate as to the amount of such payment or liability delivered to any Lender or Issuing Bank by the Withholding Agent shall be conclusive absent manifest error. Each Lender and each Issuing Bank hereby authorizes the Agent to set off and apply
any and all amounts at any time owing to such Lender or such Issuing Bank under any Loan Document or otherwise payable by the Agent to such Lender or such Issuing Bank from any other source against any amount due to the Agent under this
Section 2.16(f). 
 (g) If the Agent or any Lender or Issuing Bank determines, in its sole discretion exercised in
good faith, that it has received a refund of any Taxes as to which it has been indemnified by a Loan Party pursuant to this Section 2.16 or with respect to which a Loan Party has paid additional amounts pursuant to this
Section 2.16, it shall pay over an amount equal to such refund to the applicable Loan Party within a reasonable period (but only to the extent of indemnity payments made, or additional amounts paid, by such Loan Party under
this Section 2.16 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) of the Agent or
such Lender or Issuing Bank and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund); provided, 

  
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that such Loan Party, upon the request of the Agent or such Lender or Issuing Bank, agrees to repay the amount paid over to such Loan Party pursuant to this
Section 2.16(g) (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Agent or such Lender or Issuing Bank in the event the Agent or such Lender or Issuing Bank is required to
repay such refund to such Governmental Authority. Notwithstanding anything to the contrary in this Section 2.16(g), in no event will the Agent or such Lender or Issuing Bank be required to pay any amount to a Loan Party
pursuant to this Section 2.16(g) the payment of which would place the Agent or such Lender or Issuing Bank in a less favorable net after-Tax position than the Agent or such Lender or
Issuing Bank would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been
paid. This Section 2.16(g) shall not be construed to require the Agent or any Lender or Issuing Bank to make available its tax returns (or any other information relating to its Taxes that it deems confidential) to any Loan
Party or any other Person. 
 (h) Each party’s obligations under this Section 2.16 shall survive the
resignation or replacement of the Agent or any assignment of rights by, or the replacement of, a Lender, the termination of the Revolving Credit Commitments and the repayment, satisfaction or discharge of all obligations under any Loan Document.

 (i) For purposes of this Section 2.16, the terms “Requirement of Tax Law” and
“applicable law” include FATCA. 
 Section 2.17. Payments Generally; Pro Rata Treatment; Sharing of Set-offs. 
 (a) Each Borrower shall make each payment required to be made by it hereunder (whether of
principal, interest, fees or reimbursement of LC Disbursements, or of amounts payable under Section 2.14, 2.15 or 2.16, or otherwise) prior to the time expressly required hereunder or under such other Loan
Document for such payment (or if no such time is expressly required, prior to 1:00 p.m., New York City time, on the date when due, in immediately available funds, without set off or counterclaim. Any amounts received after such time on any date may,
in the discretion of the Agent, be deemed to have been received on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Agent at its offices as specified from time to time to the
Borrower Representative, except payments to be made directly to an Issuing Bank as expressly provided herein and except that payments pursuant to Section 2.14, 2.15, 2.16 or 9.3 shall be made
directly to the Persons entitled thereto and payments pursuant to other Loan Documents shall be made to the Persons specified therein. The Agent shall distribute any such payments received by it for the account of any other Person to the appropriate
recipient recorded in the Register promptly following receipt thereof. If any payment under any Loan Document shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day and, in the
case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments under each Loan Document of principal or interest in respect of any Loan (or of any breakage indemnity in respect of any Loan)
shall be made in the currency of such Loan and, except as otherwise set forth in any Loan Document, all other payments under each Loan Document shall be made in US Dollars. 

  
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 (b) If at any time insufficient funds are received by and available to the Agent to pay
fully all amounts of principal, unreimbursed LC Disbursements, interest and fees then due hereunder, such funds shall be applied (i) first, towards 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, towards payment of principal and unreimbursed LC Disbursements then due hereunder, ratably among the parties entitled thereto in accordance with the
amounts of principal and unreimbursed LC Disbursements then due to such parties. 
 (c) If any Lender shall, by exercising any right of set
off or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its Loans or participations in LC Disbursements resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its
Loans and participations in LC Disbursements and accrued interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the Loans and
participations in LC Disbursements of other Lenders to the extent necessary so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their
respective Loans and participations in LC Disbursements; provided, that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the
purchase price restored to the extent of such recovery, without interest and (ii) the provisions of this paragraph shall not be construed to apply to any payment made by the Borrowers pursuant to and in accordance with the express terms of this
Agreement (including Sections 2.18(b) or 2.18(c), 2.20 and 2.22 or pursuant to the terms of any Permitted Amendment) or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in
any of its Loans or participations in LC Disbursements to any assignee or participant permitted under this Agreement. Each Borrower 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 Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a
direct creditor of such Borrower in the amount of such participation. 
 (d) Unless the Agent shall have received notice from the applicable
Borrower prior to the date on which any payment is due to the Agent for the account of the Lenders or an Issuing Bank hereunder that such Borrower will not make such payment, the Agent may assume that such Borrower has made such payment on such date
in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or an Issuing Bank, as the case may be, the amount due. In such event, if the applicable Borrower has not in fact made such payment, then each of the Lenders
or an Issuing Bank, as the case may be, severally agrees to repay to the Agent forthwith on demand the amount so distributed to such Lender or such Issuing Bank 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 Agent, at the greater of the Federal Funds Rate and a rate determined by the Agent in accordance with banking industry rules on interbank compensation (in the case of an amount
denominated in US Dollars) and (ii) the Bank of Canada overnight rate or the rate reasonably determined by the Agent to be the cost of it funding such amount (in the case of an amount denominated in Canadian Dollars). 

  
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 (e) If any Lender shall fail to make any payment required to be made by it pursuant to
Section 2.4(d) or 2.4(e), 2.5(b), 2.17(d) or 8.7, then the Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Agent for the account of
such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid. 

Section 2.18. Mitigation Obligations; Replacement of Lenders. 

(a) If any Lender requests compensation under Section 2.14, or if a Borrower is required to pay any Indemnified Taxes
or additional amount to any Lender or Issuing Bank or any Governmental Authority for the account of any Lender or Issuing Bank pursuant to Section 2.16, then such Lender or Issuing Bank shall use reasonable efforts to
designate a different lending office for funding or booking its Loans or Letters of Credit hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the reasonable judgment of such Lender
or Issuing Bank, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to Section 2.14 or 2.16, as the case may be, in the future and (ii) would not subject such Lender or
Issuing Bank to any unreimbursed cost or expense and would not otherwise cause economic, legal or regulatory disadvantage to such Lender or Issuing Bank. The applicable Borrower hereby agrees to pay all reasonable and documented out-of-pocket costs and expenses incurred by any Lender or Issuing Bank in connection with any such designation or assignment. 

(b) If any Lender (or any Participant in the Loans held by such Lender) requests compensation under Section 2.14, or
if a Borrower is required to pay any Indemnified Taxes or additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 2.16, any Lender ceases to make any Eurodollar Loans
as a result of any condition described in Section 2.14 or if any Lender becomes a Defaulting Lender, then the applicable Borrower may, at its sole expense and effort, upon notice to such Lender and the Agent, either
(i) require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 9.4), all its interests, rights and obligations under this Agreement (other than
surviving rights to payments pursuant to Section 2.14 or 2.16) and the related Loan Documents to an assignee (other than a Disqualified Lender) that shall assume such obligations (which assignee may be another
Lender, if a Lender accepts such assignment); provided, that (A) the applicable Borrower shall have received the prior written consent of the Agent and each Issuing Bank, to the extent consent for an Assignment and Assumption would be
required by such Person pursuant to Section 9.4, which consent, in each case, shall not be unreasonably withheld, conditioned or delayed, (B) such Lender shall have received payment of an amount equal to the outstanding principal of
its Loans and funded participations in LC Disbursements, accrued interest thereon, accrued fees and all other amounts payable to it hereunder, from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the
applicable Borrower (in the case of all other amounts) and (C) in the case of any such assignment resulting from a claim for compensation under Section 2.14 or payments required to be made pursuant to
Section 2.16, such assignment will result in a reduction in such compensation or payments or (ii) so long as no Event of Default shall have occurred and be continuing, terminate the Revolving Credit Commitments of such
Lender and repay all obligations of the Borrowers owing to such Lender relating to the Loans held by such Lender as of such termination date. A Lender shall not be required to make any such assignment

  
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and delegation, or to have its Revolving Credit Commitments terminated and its obligations hereunder repaid, if, prior thereto, as a result of a waiver by such Lender or otherwise, the
circumstances entitling the applicable Borrower to require such assignment and delegation, or to terminate such Revolving Credit Commitments and repay such obligations, cease to apply. 

(c) If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a
proposed amendment, waiver, discharge or termination which pursuant to the terms of Section 9.2 requires the consent of all of the Lenders or all affected Lenders or all Lenders or all affected Lenders of a certain
Class or Classes or with respect to a certain Class or Classes of the Loans and with respect to which the Required Lenders or Lenders holding 50.1% (in dollar amount) with respect to the applicable Class or Classes shall have granted
their consent (including by virtue of such Lender refusing to accept an Extension Offer pursuant to Section 2.22), then the applicable Borrower shall have the right (unless such
Non-Consenting Lender grants such consent) to either (i) replace such Non-Consenting Lender by requiring such Non-Consenting
Lender to assign all or the affected portion of its Loans and its Revolving Credit Commitments hereunder to one or more assignees reasonably acceptable to the Agent (other than a Disqualified Lender); provided, that (A) all Obligations
(other than Obligations in respect of any Specified Swap Contracts, Cash Management Obligations, contingent reimbursement and indemnification obligations, in each case, which are not due and payable) of the Borrowers owing to such Non-Consenting Lender being replaced shall be paid in full to such Non-Consenting Lender concurrently with such assignment, (B) the replacement Lender shall purchase the
foregoing by paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon, (C) in connection with any such assignment the Borrowers, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 9.4 (including obtaining the consent of the Agent and each Issuing Bank if so required thereunder);
provided, that, if the required Assignment and Assumption is not executed and delivered by such Non-Consenting Lender, such Non-Consenting Lender will be
unconditionally and irrevocably deemed to have executed and delivered such Assignment and Assumption as of the date such Non-Consenting Lender receives payment in full of the Obligations (other than
Obligations in respect of any Specified Swap Contracts, Cash Management Obligations, contingent reimbursement and indemnification obligations, in each case, which are not due and payable) of the Borrowers owing to such
Non-Consenting Lender, (D) the replacement Lender shall pay any processing and recordation fee referred to in Section 9.4(b)(ii), if applicable, in accordance with the terms of
such Section and (E) the replacement Lender shall grant its consent with respect to the applicable proposed amendment, waiver, discharge or termination or (ii) so long as no Event of Default shall have occurred and be continuing, terminate
the Revolving Credit Commitments of such Non-Consenting Lender and repay all obligations of the Borrowers owing to such Lender relating to the Loans held by such
Non-Consenting Lender as of such termination date; provided, that such termination shall be sufficient (together with all other consenting Lenders) to cause the adoption of the applicable waiver or
amendment of the applicable Loan Document or Loan Documents. 
 (d) Each Lender agrees that if it is replaced pursuant to this
Section 2.18, it shall execute and deliver to the Agent an Assignment and Assumption to evidence such sale and purchase and shall deliver to the Agent any Note (if the assigning Lender’s Loans are evidenced by Notes)
subject to such Assignment and Assumption; provided, that the failure of any Lender replaced pursuant to this Section 2.18 to execute an Assignment and Assumption or deliver such

  
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Notes shall not render such sale and purchase (and the corresponding assignment) invalid and such assignment shall be recorded in the Register and the Notes shall be deemed cancelled upon such
failure. Each Lender hereby irrevocably appoints the Agent (such appointment being coupled with an interest) as such Lender’s attorney-in-fact, with full authority
in the place and stead of such Lender and in the name of such Lender, from time to time in the Agent’s discretion, with prior written notice to such Lender, to take any action and to execute any such Assignment and Assumption or other
instrument that the Agent may deem reasonably necessary to carry out the provisions of clause (b) or (c) of this Section 2.18. 

Section 2.19. Defaulting Lenders. 

(a) 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 Requirements of Law: 
 (i) 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 9.2. 

(ii) Any payment of principal, interest, fees or other amounts received by the Agent for the account of that Defaulting Lender
(whether voluntary or mandatory, at maturity, pursuant to Section VII or otherwise), shall be applied at such time or times as may be determined by the Agent as follows: first, to the payment of any amounts owing by that Defaulting Lender to
the Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by that Defaulting Lender to the Issuing Banks or Swingline Lender hereunder; third, if so determined by the Agent or requested by the applicable Issuing Bank or
Swingline Lender, to be held as Cash Collateral for future funding obligations of that Defaulting Lender of any participation in any Letter of Credit or Swingline Loan; fourth, as the Borrowers may request (so long as no Default or Event of Default
has occurred and is continuing), 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 reasonably determined by the Agent; fifth, if so determined by the Agent
and the Borrowers, to be held in a non-interest bearing deposit account and released in order to (x) satisfy obligations of such Defaulting Lender to fund Loans under this Agreement and (y) be held
as Cash Collateral for funding obligations of such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with Section 2.4; sixth, to the payment of any amounts owing to the
Lenders, the applicable Issuing Bank or Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, Issuing Bank or Swingline 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 has occurred and is continuing, to the payment of any amounts owing to the Borrowers as a result of any judgment of a court of competent
jurisdiction obtained by the Borrowers 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 LC Borrowings in respect of which that Defaulting Lender has 

  
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not fully funded its appropriate share and (y) such Loans or LC Borrowings were made at a time when the conditions set forth in Section 4.2 were satisfied or
waived, such payment shall be applied solely to pay the Loans of, and LC Borrowings owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or LC
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 2.19(a)(ii) shall be deemed paid to and redirected by that Defaulting Lender, and each Lender irrevocably consents hereto. 

(iii) Certain Fees; Default Interest. 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 Borrowers shall not be required to pay any such Commitment Fee that otherwise would have been required to have been paid to
that Defaulting Lender), (y) shall not be entitled to receive any interest at the Default Rate pursuant to Section 2.12(b) for any period during which that Lender is a Defaulting Lender (and the Borrowers shall not be
required to pay any such interest that otherwise would have been required to have been paid to that Defaulting Lender) and (z) shall be limited in its right to receive fees with respect to Letters of Credit as provided in
Section 2.4(l). 
 (iv) Reallocation of Pro Rata Share 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 Swingline
Loans pursuant to Sections 2.4 and 2.23, the “Pro Rata Share” of each Non-Defaulting Lender’s Revolving Credit Loans, LC Exposure and Swingline Loans shall automatically be
computed without giving effect to the Revolving Credit Commitment of that Defaulting Lender; provided that (i) the aggregate obligation of each Non-Defaulting Lender to acquire, refinance or fund
participations in Letters of Credit and Swingline Loans shall not exceed the positive difference, if any, of (1) the Revolving Credit Commitment of that Non-Defaulting Lender minus (2) the aggregate
outstanding amount of the Loans of that Lender and (ii) each reallocation shall be given effect only to the extent it does not cause the Revolving Credit Exposure of the applicable Lender to exceed its Revolving Credit Commitments. 

(b) If the Borrowers, the Agent, Swingline Lender and the Issuing Banks agree in writing in their sole discretion that a Defaulting Lender
should no longer be deemed to be a Defaulting Lender, the 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 Agent may determine to be necessary to cause the Revolving Credit Loans
and funded and unfunded participations in Letters of Credit and Swingline Loans to be held on a pro rata basis by the Lenders in accordance with their Pro Rata Share (without giving effect to Section 2.19(a)(iv)), whereupon
that Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees, or interest at the Default Rate pursuant to Section 2.12(b), accrued or payments made by
or on behalf of the Borrowers while 

  
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that Lender was a Defaulting Lender; 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. 

(c) At any time that there shall exist a Defaulting Lender, promptly upon the written request of the Agent (with respect to any or all
Fronting Exposure) or the Issuing Bank or the Swingline Lender (solely with respect to such Person’s Fronting Exposure at such time), the Borrowers shall deliver to the Agent Cash Collateral (or, in the case of Fronting Exposure with respect to
Swingline Loans, repay such Swingline Loans) in an amount sufficient to cover all such Fronting Exposure that has not been reallocated pursuant to Section 2.19(a)(iv) (after giving effect to any Cash Collateral provided by
the Defaulting Lender). For purposes hereof, “Cash Collateralize” means to pledge and deposit with or deliver to the Agent, for the benefit of (i) the relevant Issuing Bank and the Lenders, as collateral for the LC Obligations
or (ii) the Swingline Lender and the Lenders, as collateral for the Swingline Obligations, cash and Cash Equivalents (if reasonably acceptable to the Agent and the relevant Issuing Bank or Swingline Lender, as applicable) or deposit account
balances (“Cash Collateral”) pursuant to documentation in form and substance reasonably satisfactory to the Agent and the relevant Issuing Bank or Swingline Lender, as applicable (which documents are hereby consented to by the
Lenders). Derivatives of such term have corresponding meanings. 
 Section 2.20. Incremental Facilities. 

(a) At any time and from time to time, subject to the terms and conditions set forth herein, the Borrower Representative may, by notice to the
Agent (whereupon the Agent shall promptly deliver a copy of such notice to each of the Lenders), request to incur one or more increases in the Revolving Credit Commitments (“Incremental Revolving Commitments” or the
“Incremental Facilities”). Notwithstanding anything to the contrary herein, without the consent of the Required Lenders, the aggregate principal amount of the Incremental Facilities from and after the ThirdFifth Amendment Effective Date shall not exceed $75.0100.0 million. All Incremental Revolving Commitments shall be in an
integral multiple of $250,000 and in an aggregate principal amount that is not less than $5 million (or in such lesser minimum amount agreed by the Agent); provided, that such amount may be less than the applicable minimum amount if such
amount represents all the remaining availability in respect of the Incremental Facilities. 
 (b) Any Incremental Revolving
Commitment shall be on terms identical to the Revolving Credit Commitments under the Revolving Credit Facility proposed to be increased thereby, including with respect to having the same Guarantors and being secured by the same Collateral on a
pari passu basis with the applicable Facility subject to such increase except that the Maturity Date of an Incremental Revolving Commitment shall be no earlier (but may be later) than the Revolving Credit Commitments proposed to be increased.
Unless the Incremental Revolving Commitment and the Revolving Credit Commitments proposed to be increased have different Maturity Dates, such Incremental Revolving Commitment shall be deemed a Revolving Credit Commitment of the applicable Revolving
Credit Facility or both Revolving Credit Facilities, as the case may be, pursuant to the applicable Incremental Amendment (it being understood that an Incremental Facility establishing Incremental Revolving Commitments will

  
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not create a separate Revolving Credit Facility and such Incremental Revolving Commitments be deemed a part of the applicable Revolving Credit Facility); provided, that the Applicable
Margin and the Commitment Fee Rate, in each case applicable to the Revolving Credit Commitments and Revolving Credit Loans of such Revolving Credit Facility, may be increased, without the consent of any Lender, in connection with the incurrence of
any Incremental Revolving Commitment such that the Applicable Margin and the Commitment Fee Rate of such Revolving Credit Commitments are identical to those of the Incremental Revolving Commitments. Any Incremental Revolving Commitments shall be
allocated between the US Revolving Credit Facility and the Canadian Revolving Credit Facility as designated by the Borrower Representative, in consultation with the Agent; provided that the Canadian Revolving Credit Commitments (including the
Canadian ABL Sublimit), after giving effect to the establishment of Incremental Revolving Commitments, shall not exceed $45 million in the aggregate without the consent of the Agent. 

(c) Each notice from any Borrower pursuant to this Section 2.20 shall set forth the requested amount of the relevant
Incremental Revolving Commitments. Any Additional Lenders that elect to extend Incremental Revolving Commitments shall be reasonably satisfactory to the Borrower Representative, and, to the extent its consent would be required with respect to an
assignment to such Additional Lender under Section 9.4(b), the Agent, the Swingline Lender and each Issuing Bank (in each case, any approval thereof not to be unreasonably withheld, delayed or conditioned), and, if not
already a Lender, shall become a Lender under this Agreement pursuant to an Incremental Amendment. Each Incremental Facility shall become effective pursuant to an amendment (each, an “Incremental Amendment”) to this Agreement and,
as appropriate, the other Loan Documents, executed by the Borrower Representative, any applicable Borrowers, such Additional Lender or Additional Lenders and the Agent. No Incremental Amendment shall require the consent of any Lenders or any other
Person other than the Borrower Representative, any applicable Borrowers, the Agent and the Additional Lenders with respect to such Incremental Amendment. The Lenders hereby irrevocably authorize the Agent to enter into Incremental Amendments and, as
appropriate, amendments to the other Loan Documents as may be necessary in order to establish new tranches or sub-tranches in respect of the existing Revolving Credit Commitments and such technical amendments
as may be necessary or appropriate in the opinion of the Agent, the Borrower Representative and the applicable Borrower to effect the provisions of this Section 2.20 (including to provide for class voting provisions
applicable to the Additional Lenders on terms comparable to the provisions of Section 9.2(b)). In addition, if so provided in such Incremental Amendment and with the consent of the applicable Issuing Banks, participations
in Letters of Credit expiring on or after the Maturity Date shall be re-allocated from Lenders holding Revolving Credit Commitments to Lenders holding Incremental Revolving Commitments, be deemed to be
participation interests in respect of such Incremental Revolving Commitments and the terms of such participation interests (including the participation fees applicable thereto) shall be adjusted accordingly. No Lender shall be obligated to provide
any Incremental Revolving Commitments, unless it so agrees. Revolving Credit Commitments in respect of any Incremental Revolving Commitments shall become Revolving Credit Commitments under this Agreement. The effectiveness of any Incremental
Amendment (each, an “Incremental Facility Closing Date”) shall, unless otherwise agreed to by the Agent and the Additional Lenders party thereto, be subject to (i) the payment in full of all fees and expenses owing to the Agent
and the Lenders in respect of such Incremental Facility, to the extent invoiced prior to such date and (ii) the satisfaction or waiver on the date of 

  
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the effectiveness of the Incremental Revolving Commitments thereunder of no Specified ABL Default shall exist after giving effect to such Incremental Revolving Commitments (or, in the case of a
Permitted Acquisition, permitted Investment or Limited Condition Transaction, no Specified ABL Default (as determined in accordance with Section 1.5(d)) shall exist on the LCT Test Date and no Specified Event of Default
shall exist on the date that such Incremental Revolving Commitments become effective). Upon each increase in the Revolving Credit Commitments of a Revolving Credit Facility pursuant to this Section 2.20, each Lender under
such Revolving Credit Facility immediately prior to such increase will automatically and without further act be deemed to have assigned to each Lender providing a portion of the Incremental Revolving Commitment (each an “Incremental
Lender”) in respect of such increase, and each such Incremental Lender will automatically and without further act be deemed to have assumed, a portion of such Lender’s participations hereunder in outstanding Letters of Credit under the
applicable Revolving Credit Facility such that, after giving effect to each such deemed assignment and assumption of participations, the percentage of the aggregate outstanding participations hereunder in Letters of Credit held by each Lender in
such Revolving Credit Facility (including each such Incremental Lender) will equal the percentage of the Total Revolving Credit Commitments of all Lenders in such Revolving Credit Facility represented by such Lender’s Revolving Credit
Commitment thereunder. Each of the parties hereto hereby agrees that the Agent may, in consultation with the Borrower Representative, take any and all actions as may be reasonably necessary to ensure that, after giving effect to any Incremental
Revolving Commitment, the outstanding Revolving Credit Loans are held by the Lenders in accordance with their respective Applicable Lender Percentages in respect of the applicable Revolving Credit Facility. The foregoing may be accomplished at the
discretion of the Agent, following consultation with the Borrower Representative, (A) by requiring the outstanding Revolving Credit Loans to be prepaid with the proceeds of a new Revolving Credit Borrowing, (B) by causing non-increasing Lenders to assign portions of their outstanding Revolving Credit Loans to new or increasing Lenders, (C) by a combination of the foregoing or (D) by any other means agreed to by the Agent
and the Borrower Representative, and any such prepayment or assignment shall be subject to Section 2.15 but shall otherwise be without premium or penalty. The Agent and the Lenders hereby agree that the minimum borrowing,
pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to any of the transactions effected pursuant to the immediately preceding sentence. For the avoidance of doubt, no existing Lender shall be
required to participate in an Incremental Facility without its consent. 
 Section 2.21. Cash Management. 

(a) The Parent Borrower, the other Borrowers and each Loan Party shall, along with the Agent and certain financial institutions selected by the
Loan Parties, reasonably satisfactory to the Agent and located in the United States or Canada (the “Collection Banks”), enter into within ninety (90) days after the Closing Date (or such longer period as the Agent may
reasonably agree), and thereafter maintain, separate Cash Management Control Agreements with respect to all deposit accounts (other than Exempt Accounts). Each Loan Party shall instruct all Account Debtors of such Loan Party to remit all payments to
the applicable “P.O. Boxes” or “Lockbox Addresses” of the applicable Collection Bank (or to remit such payments to the applicable Collection Bank by electronic settlement) with respect to all Accounts of such
Account Debtor which remittances shall be collected by the applicable Collection Bank and 

  
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deposited in the applicable deposit account of the applicable Loan Party. All amounts received by any Loan Party and any Collection Bank, in respect of any Account, in addition to all other cash
received from any other source (other than cash and Cash Equivalents maintained in Exempt Accounts or otherwise by Loan Parties not to exceed $5.0 million in the aggregate at any time), shall promptly upon receipt be deposited or swept into a
Controlled Account. The Loan Parties may close deposit accounts at any Collection Bank and/or open new deposit accounts, subject (in the case of opening any new deposit account) to the contemporaneous (or such longer period as the Agent may
reasonably agree) execution and delivery to the Agent of a Cash Management Control Agreement consistent with the provisions of this Section 2.21 and otherwise reasonably satisfactory to the Agent. 

(b) So long as no Dominion Period then exists in respect of which the Agent has delivered notice thereof as contemplated by the definition
thereof, the Loan Parties shall be permitted to withdraw cash and Cash Equivalents from Controlled Accounts to be used for working capital and general corporate purposes. If a Dominion Period exists and Agent has delivered notice thereof as
contemplated by the definition thereof, all collected amounts held in the Controlled Accounts shall be applied as provided in Section 2.21(c). 

(c) Each Cash Management Control Agreement relating to a Controlled Account shall (unless otherwise reasonably agreed by the Agent) include
provisions that allow, during any Dominion Period if the Agent so elects, for all collected amounts held in such Controlled Account from and after the date requested by the Agent, to be sent by ACH or wire transfer or similar electronic transfer no
less frequently than once per Business Day to one or more accounts maintained with the Agent (each, an “Agent Deposit Account”). Subject to the terms of the respective Security Document, during any Dominion Period, all amounts
received in an Agent Deposit Account shall be applied (and allocated) by the Agent on a daily basis in the following order: (i) first, (A) if so elected by the Agent, to the payment (on a ratable basis) of any outstanding fees and expenses
actually due and payable to the Agent under any of the Loan Documents and (B) to repay or prepay outstanding Loans advanced by the Agent on behalf of the Lenders pursuant to Section 2.1(d); (ii) second, to the extent
all amounts referred to in preceding clause (i) have been paid in full, (A) if so elected by the applicable Issuing Bank or the Swingline Lender, to pay (on a ratable basis) all outstanding expenses actually due and payable to each Issuing
Bank and the Swingline Lender under any of the Loan Documents and (B) to repay all outstanding unpaid LC Disbursements and Swingline Exposure and all interest thereon; (iii) third, to the extent all amounts referred to in preceding clauses
(i) and (ii) have been paid in full, (A) to pay (on a ratable basis) all accrued and unpaid interest actually due and payable on the Revolving Credit Loans and (B) if so elected by the applicable Secured Party, to pay all accrued and
unpaid fees actually due and payable to the Agent, the Issuing Banks, the Swingline Lender, and the Lenders under any of the Loan Documents with respect to the Revolving Credit Loans; (iv) fourth, to the extent all amounts referred to in
preceding clauses (i) through (iii), inclusive, have been paid in full, to repay (on a ratable basis) the outstanding principal of Revolving Credit Loans (whether or not then due and payable); (v) fifth, to the extent all amounts referred to in
preceding clauses (i) through (iv), inclusive, have been paid in full, to the Cash Collateralization (on a ratable basis) of all LC Exposure in accordance with Section 2.4(j); (vi) sixth, to the extent all amounts
referred to in preceding clauses (i) through (v), inclusive, have been paid in full, to pay (on a ratable basis) all other outstanding Obligations then due and payable to the Agent and the Lenders under any of the Loan Documents with respect to
the Revolving Credit Loans; and 

  
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(vii) seventh, to the extent all amounts referred to in preceding clauses (i) through (vi) inclusive, have been paid in full and so long as no Specified Event of Default then exists, to be
returned to the applicable Borrowers for such Borrowers’ own account; provided, in no event shall any amounts received in an Agent Deposit Account from a Canadian Loan Party or with respect to any amount owed to a Canadian Loan Party be
applied or allocated by the Agent to the US Obligations or any Obligation of a US Loan Party. 
 (d) Subject to the terms and conditions of
Section 9.3, all costs and expenses to effect the foregoing (including reasonable legal fees and disbursements of counsel) shall be paid by the Loan Parties. 

(e) Agent agrees that immediately upon the termination of the Dominion Period it shall stop transferring amounts from the Controlled Accounts
to accounts maintained with the Agent pursuant to this Section 2.21, and the Loan Parties shall be permitted to withdraw cash and Cash Equivalents from Controlled Accounts to be used for working capital and general
corporate purposes. 
 Section 2.22. Extensions of Revolving Credit Commitments. 

(a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, an “Extension Offer”)
made from time to time by the Borrower Representative to all Lenders of any Revolving Credit Facility with Revolving Credit Commitments with a like maturity date on a pro rata basis (based on the aggregate outstanding principal amount of the
Revolving Credit Commitments under such Revolving Credit Facility with a like maturity date) and on the same terms to each such Lender, the Borrower Representative is hereby permitted to consummate from time to time transactions with individual
Lenders that accept the terms contained in such Extension Offers to extend the maturity date of each such Lender’s Revolving Credit Commitments of such Revolving Credit Facility and otherwise modify the terms of such Revolving Credit
Commitments pursuant to the terms of the relevant Extension Offer (including by increasing the interest rate or fees payable in respect of such Revolving Credit Commitments (and related outstandings)) (each, an “Extension”, and each
group of Revolving Credit Commitments, as so extended, as well as the original Revolving Credit Commitments of such Revolving Credit Facility (not so extended), being a “tranche”; any Extended Revolving Credit Commitments shall
constitute a separate tranche of Revolving Credit Commitments from the tranche of Revolving Credit Commitments of such Revolving Credit Facility from which they were extended), so long as the following terms are satisfied with respect to each
applicable Revolving Credit Facility: (i) except as to pricing (including interest rates, fees and funding discounts), conditions precedent and maturity (which shall be set forth in the relevant Extension Offer), the Revolving Credit Commitment
of any Lender that agrees to an Extension with respect to such Revolving Credit Commitment (an “Extending Lender”) extended pursuant to an Extension (an “Extended Revolving Credit Commitment”), and the related
outstandings, shall be a Revolving Credit Commitment (or related outstandings, as the case may be) with the same terms as the original Revolving Credit Commitments (and related outstandings) (provided, that (1) assignments and
participations of Extended Revolving Credit Commitments and extended Revolving Credit Loans shall be governed by the same assignment and participation provisions applicable to Revolving Credit Commitments and Revolving Credit Loans of such Revolving
Credit Facility and (2) at no time shall there be Revolving Credit 

  
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Commitments hereunder (including Extended Revolving Credit Commitments and any original Revolving Credit Commitments) which have more than four different maturity dates), (ii) if the aggregate
principal amount of Revolving Credit Commitments in respect of which Lenders shall have accepted the relevant Extension Offer shall exceed the maximum aggregate principal amount of Revolving Credit Commitments offered to be extended by the Borrower
Representative pursuant to such Extension Offer, then the Revolving Credit Loans of such Lenders shall be extended ratably up to such maximum amount based on the respective principal amounts (but not to exceed actual holdings of record) with respect
to which such Lenders have accepted such Extension Offer and (iii) all documentation in respect of such Extension shall be consistent with the foregoing. 

(b) With respect to all Extensions consummated by the Borrower Representative pursuant to this Section 2.22, (i)
such Extensions shall not constitute voluntary or mandatory payments or prepayments for purposes of this Agreement and (ii) each Extension Offer shall specify the minimum amount of Revolving Credit Commitments of each Revolving Credit Facility
to be tendered. The transactions contemplated by this Section 2.22 (including, for the avoidance of doubt, payment of any interest or fees in respect of any Extended Revolving Credit Commitments on such terms as may be set
forth in the relevant Extension Offer) shall not require the consent of any Lender or any other Person (other than as set forth in clause (c) below), and the requirements of any provision of this Agreement (including Sections 2.2(c),
2.9 and 2.17) or any other Loan Document that may otherwise prohibit any such Extension or any other transaction contemplated by this Section 2.22 shall not apply to any of the transactions effected pursuant
to this Section 2.22. 
 (c) No consent of any Lender or any other Person shall be required to effectuate any
Extension, other than the consent of the Borrower Representative, each applicable Borrower and each Lender agreeing to such Extension with respect to one or more of its Revolving Credit Commitments (or a portion thereof) and the Issuing Bank (if
applicable), which consent shall not be unreasonably withheld, conditioned or delayed. All Extended Revolving Credit Commitments and all obligations in respect thereof shall be Obligations under this Agreement and the other Loan Documents that are
secured by the Collateral on a pari passu basis with the applicable Facility subject to such Extension Amendment. The Lenders hereby irrevocably authorize the Agent to enter into amendments to this Agreement and the other Loan Documents (an
“Extension Amendment”) with the Borrower Representative and each applicable Borrower as may be necessary in order to establish new tranches or sub-tranches in respect of Revolving Credit
Commitments of each Revolving Credit Facility so extended and such technical amendments as may be necessary or appropriate in the opinion of the Agent and the Borrower Representative to effect the provisions of this
Section 2.22 (including in connection with the establishment of such new tranches or sub-tranches, or to provide for class voting provisions applicable to the Additional Lenders on
terms comparable to the provisions of Section 9.2(b)). In addition, if so provided in such Extension Amendment and with the consent of the applicable Issuing Banks, participations in Letters of Credit expiring on or after
the Maturity Date shall be re-allocated from Lenders holding Revolving Credit Commitments to Lenders holding Extended Revolving Credit Commitments in accordance with the terms of such Extension Amendment;
provided, however, that such participation interests shall, upon receipt thereof by the relevant Lenders holding Extended Revolving Credit Commitments, be deemed to be participation interests in respect of such Extended Revolving
Credit Commitments and the terms of such participation interests (including the commission applicable thereto) shall be adjusted accordingly. 

  
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 (d) In connection with any Extension, the Borrower Representative shall provide the Agent at
least five (5) Business Days (or such shorter period as may be agreed by the Agent) prior written notice thereof, and shall agree to such procedures (including regarding timing, rounding and other adjustments and to ensure reasonable
administrative management of the credit facilities hereunder after such Extension), if any, as may be established by, or acceptable to, the Agent, in each case acting reasonably, to accomplish the purposes of this
Section 2.22. 
 (e) Notwithstanding anything to the contrary above, at any time and from time to time following
the establishment of a Class of Extended Revolving Credit Commitments, the Borrower Representative may offer any Lender of a Revolving Credit Facility that had been subject to an Extension Amendment (without being required to make the same
offer to any or all other Lenders) who had not elected to participate in such Extension Amendment the right to convert all or any portion of its Revolving Credit Commitments into such Class of Extended Revolving Credit Commitments of such
Revolving Credit Facility; provided, that (i) such offer and any related acceptance shall be in accordance with such procedures, if any, as may be reasonably requested by, or acceptable to, the Agent; (ii) such additional Extended
Revolving Credit Commitments shall be on identical terms (including as to the proposed interest rates and fees payable, but excluding any arrangement, structuring or other fees payable in connection therewith that are not generally shared with the
relevant Lenders) with the existing Extended Revolving Credit Commitments, (iii)any Lender which elects to participate in an Extension Facility pursuant to this clause (e) shall enter into a joinder agreement to the respective Extension
Amendment, in form and substance reasonably satisfactory to the Agent and executed by such Lender, the Agent, the Borrower Representative and any other applicable Borrowers and (iv) any such additional Extended Revolving Credit Commitments
shall be in an aggregate principal amount that is not less than $1.0 million (or, in the case of an outstanding Class with an entire outstanding principal amount of existing Revolving Credit Commitments less than a $1.0 million that
is to be refinanced in full, such outstanding principal amount or commitments), unless each of the Borrower Representative and the Agent otherwise consents. Notwithstanding anything to the contrary contained herein, any Loans made as provided above
shall be treated as part of the Class to which such Loans are added, and shall not constitute a new Class of new Extended Revolving Credit Commitments. 

Section 2.23. Swingline Loans. 

(a) Subject to the terms and conditions set forth herein, (i) the US Swingline Lender may in its discretion, and in reliance upon the
agreements of the other US Revolving Credit Lenders set forth in this Section 2.23, make available US Swingline Loans in US Dollars to the US Borrowers from time to time during the Availability Period in an aggregate
principal amount at any time outstanding that will not result in the aggregate principal amount of outstanding US Swingline Loans exceeding the US Swingline Sublimit, and (ii) the Canadian Swingline Lender may in its discretion, and in reliance
upon the agreements of the other Canadian Revolving Credit Lenders set forth in this Section 2.23, make available Canadian Swingline Loans in US Dollars or Canadian Dollars to the Canadian Borrowers from time to time during
the Availability Period in an aggregate principal amount at any time outstanding that will not result in the 

  
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aggregate principal amount of outstanding Canadian Swingline Loans exceeding the Canadian Swingline Sublimit; provided, that the Swingline Lender shall not be required to make a Swingline
Loan to refinance an outstanding Swingline Loan. Within the foregoing limits and subject to the terms and conditions set forth herein, the Borrowers may borrow, prepay and reborrow Swingline Loans. To request a Swingline Loan, the Borrower
Representative shall notify the Agent of such request Electronically, not later than 12:00 p.m., New York City time, on the day of a proposed Swingline Loan. Each such notice shall be irrevocable and shall specify the requested date (which shall be
a Business Day) and amount of the requested Swingline Loan. The Agent will promptly advise the applicable Swingline Lender of any such notice received from the Borrower Representative. The applicable Swingline Lender shall make each Swingline Loan
available to the applicable Borrowers by means of a credit to the account identified in the borrowing notice (including, in the case of a Swingline Loan made to finance the reimbursement of an LC Disbursement, by remittance to the applicable Issuing
Bank, and in the case of repayment of another Loan or fees or expenses as provided by Section 2.17(c), by remittance to the Agent to be distributed to the applicable Lenders) on the requested date of such Swingline Loan.

 (b) Settlement of Swingline Loans among Lenders and the Agent shall take place on a date determined from time to time by the Agent (but
at least weekly, unless the settlement amount is less than $5.0 million), on a pro rata basis in accordance with the settlement report delivered by the Agent to the Lenders. Between settlement dates, the Agent may in its discretion apply payments on
Revolving Credit Loans to Swingline Loans, regardless of any designation by the Borrower Representative or any provision herein to the contrary. 

(c) In addition, the applicable Swingline Lender may by written notice given to the Agent not later than 2:00 p.m., New York City time, on any
Business Day require the applicable Lenders to acquire participations on such Business Day in all or a portion of the applicable Swingline Loans outstanding. Such notice shall specify the aggregate amount of Swingline Loans in which Lenders will
participate. Promptly upon receipt of such notice, the Agent will give notice thereof to each Lender, specifying in such notice such Lender’s Applicable Lender Percentage of such Swingline Loan or Loans. Each Lender hereby absolutely and
unconditionally agrees, upon receipt of notice as provided above, to pay to the Agent, for the account of the Swingline Lender, such Lender’s Applicable Lender Percentage of such Swingline Loan or Loans. Each Lender acknowledges and agrees that
its obligation to acquire participations in Swingline Loans pursuant to this paragraph is absolute and unconditional and shall not be affected by any circumstance whatsoever, including the occurrence and continuance of a Default or reduction or
termination of the Revolving Credit Commitments, and that each such payment shall be made without any offset, abatement, withholding or reduction whatsoever. Each Lender shall comply with its obligation under this paragraph by wire transfer of
immediately available funds, in the same manner as provided in Section 2.5 with respect to Loans made by such Lender (and Section 2.5 shall apply, mutatis mutandis, to the payment
obligations of the Lenders), and the Agent shall promptly pay to the Swingline Lender the amounts so received by it from the Lenders. The Agent shall notify the Borrower Representative of any participations in any Swingline Loan acquired pursuant to
this paragraph. Any amounts received by the Swingline Lender from the Borrowers (or other party on behalf of any Borrower) in respect of a Swingline Loan after receipt by the Swingline Lender of the proceeds of a sale of participations therein shall
be promptly remitted to the Agent; any such amounts received by the 

  
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Agent shall be promptly remitted by the Agent to the Lenders that shall have made their payments pursuant to this paragraph and to the Swingline Lender, as their interests may appear;
provided that any such payment so remitted shall be repaid to the Swingline Lender or the Agent, as applicable, if and to the extent such payment is required to be refunded to any Borrower for any reason. The purchase of participations
in a Swingline Loan pursuant to this paragraph shall not relieve the Borrowers of any default in the payment thereof. 
 Section 2.24.
Co-Borrowers. 
 (a) Each (i) US Borrower accepts joint and several liability hereunder
in consideration of the financial accommodation to be provided by the Agent and the Lenders under this Agreement and the other Loan Documents, for the mutual benefit, directly and indirectly, of each US Borrower and in consideration of the
undertakings of each US Borrower to accept joint and several liability for the obligations of each US Borrower and (ii) Canadian Borrower accepts joint and several liability hereunder in consideration of the financial accommodation to be
provided by the Agent and the Lenders under this Agreement and the other Loan Documents, for the mutual benefit, directly and indirectly, of each Canadian Borrower and in consideration of the undertakings of each Canadian Borrower to accept joint
and several liability for the obligations of each Canadian Borrower. 
 (b) Each (i) US Borrower shall be jointly and severally liable
for the Obligations, regardless of which Borrower actually receives the Loans hereunder or the amount of the Obligations received or the manner in which the Agent or any Lender accounts for the Obligations on its books and records and
(ii) Canadian Borrower shall be jointly and severally liable for the Canadian Obligations, regardless of which Canadian Borrower actually receives the Loans hereunder or the amount of the Canadian Obligations received or the manner in which the
Agent or any Lender accounts for the Canadian Obligations on its books and records. Each (i) US Borrower’s obligations with respect to Loans made to it, and each US Borrower’s obligations arising as a result of the joint and several
liability of such US Borrower hereunder, with respect to Loans made to and other Obligations owing by the Borrowers hereunder, shall be separate and distinct obligations, but all such obligations shall be primary obligations of each US Borrower and
(ii) Canadian Borrower’s obligations with respect to Loans made to it, and each Canadian Borrower’s obligations arising as a result of the joint and several liability of such Canadian Borrower hereunder, with respect to Loans made to
and other Canadian Obligations owing by the Canadian Borrowers hereunder, shall be separate and distinct obligations, but all such obligations shall be primary obligations of each Canadian Borrower. 

(c) Each (i) US Borrower’s obligations arising as a result of the joint and several liability of such US Borrower hereunder with
respect to Loans and other Obligations owing by the US Borrowers hereunder and (ii) Canadian Borrower’s obligations arising as a result of the joint and several liability of such Canadian Borrower hereunder with respect to Loans and other
Canadian Obligations owing by the Canadian Borrowers hereunder shall, in each case, to the fullest extent permitted by law, be unconditional irrespective of (A) the validity or enforceability, avoidance or subordination of the obligations of
any other Borrower or of any promissory note or other document evidencing all or any part of the obligations of any other Borrower, (B) the absence of any attempt to collect the Obligations from any other Borrower, any other guarantor, or any
other security therefor, or the absence of any other action to enforce 

  
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the same, (C) the waiver, consent, extension, forbearance or granting of any indulgence by the Agent or any Lender with respect to any provision of any instrument evidencing the obligations
of any other Borrower, or any part thereof, or any other agreement now or hereafter executed by any other Borrower and delivered to the Agent or any Lender, (D) the failure by the Agent or any Lender to take any steps to perfect and maintain
its security interest in, or to preserve its rights to, any security or collateral for the obligations of any other Borrower, (E) the Agent’s or any Lender’s election, in any proceeding instituted under the Bankruptcy Code, of the
application of Section 1111(b)(2) of the Bankruptcy Code of the United States or similar provision under any other applicable Debtor Relief Law, (F) any borrowing or grant of a security interest by any other Borrower, as Debtor In
Possession under Section 364 of the Bankruptcy Code of the United States or similar provision under any other applicable Debtor Relief Law, (G) the disallowance of all or any portion of the Agent’s or any Lender’s claim(s) for
the repayment of the obligations of any other Borrower under Section 502 of the Bankruptcy Code of the United States or similar provision under any other applicable Debtor Relief Law, or (H) any other circumstances which might constitute a
legal or equitable discharge or defense of a guarantor or of any other Borrower. With respect to each Borrower’s obligations arising as a result of the joint and several liability of such Borrower hereunder with respect to Loans made to the
Borrowers hereunder, such Borrower waives, until the Obligations shall have been paid in full and this Agreement and the other Loan Documents shall have been terminated, any right to enforce any right of subrogation or any remedy which the Agent or
any Lender now has or may hereafter have against such Borrower, any endorser or any guarantor of all or any part of the Obligations, and any benefit of, and any right to participate in, any security or collateral given to the Agent or any Lender to
secure payment of the Obligations or any other liability of any Borrower to the Agent or any Lender. 
 (d) Upon the occurrence and during
the continuation of any Event of Default, the Agent and the Lenders may proceed directly and at once, without notice, against (i) any US Borrower to collect and recover the full amount, or any portion of the Obligations and (ii) any
Canadian Borrower to collect and recover the full amount, or any portion of the Canadian Obligations, in each case, without first proceeding against any other Borrower or any other Person, or against any security or collateral for the applicable
Obligations. Each Borrower consents and agrees that the Agent and the Lenders shall be under no obligation to marshal any assets in favor of any Borrower or against or in payment of any or all of the applicable Obligations. 

(e) Each Borrower hereby irrevocably appoints the Borrower Representative as the borrowing agent and attorney-in-fact for the Borrowers, which appointment shall remain in full force and effect unless and until the Agent shall have received prior written notice signed by all of the Borrowers that such
appointment has been revoked and that another Borrower has been appointed in the place of the Borrower Representative. Each Borrower hereby irrevocably appoints and authorizes the Borrower Representative (i) to provide to the Agent and receive
from the Agent all notices with respect to Loans obtained for the benefit of any Borrower and all other notices and instructions under this Agreement and the other Loan Documents and (ii) to take such action as the Parent Borrower deems
appropriate on its behalf to obtain Loans and to exercise such other powers as are reasonably incidental thereto to carry out the purposes of this Agreement. It is understood that the handling of the Collateral of the Borrowers in a combined
fashion, as more fully set forth herein and in the Security Documents, is done solely as an 

  
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accommodation to the Borrowers in order to utilize the collective borrowing powers of the Borrowers in the most efficient and economical manner and at their request, and that neither the Agents
nor the Lenders shall incur liability to the Borrowers as a result thereof. Each of the Borrowers expects to derive benefit, directly or indirectly, from the handling of the Collateral in a combined fashion since the successful operation of each
Borrower is dependent on the continued successful performance of the integrated group. 
 (f) In any action or proceeding involving any
state corporate limited partnership or limited liability company law, or any applicable Debtor Relief Law or other law affecting the rights of creditors generally, if the obligations of any Borrower hereunder would otherwise be held or determined to
be void, voidable, invalid or unenforceable, or subordinated to the claims of any other creditors, on account of the amount of its liability hereunder, then, notwithstanding any other provision to the contrary, the amount of such liability shall,
without any further action by such Borrower, any Loan Party or any other Person, be automatically limited and reduced to the highest amount that is valid and enforceable and not subordinated to the claims of other creditors as determined in such
action or proceeding. 
 SECTION III 

REPRESENTATIONS AND WARRANTIES 

To induce the Agent, the Lenders and the Issuing Banks to enter into this Agreement and to make the Loans and/or issue or participate in the
Letters of Credit, the Parent Borrower and each other Borrower hereby jointly and severally represents and warrants, to the Agent and each Lender that: 

Section 3.1. Financial Condition. 

(a) As of the Closing Date, (i) the audited consolidated balance sheets of the Parent Borrower and its consolidated Subsidiaries as at
December 31, 2017 and the related audited consolidated statements of income, stockholders’ (or members’) equity and of cash flows for such Fiscal Year and (ii) the unaudited consolidated balance sheets of the Parent Borrower and
its consolidated Subsidiaries as at April 1, 2018 and July 1, 2018 and the related unaudited consolidated statements of income, stockholders’ (or members’) equity and of cash flows for such Fiscal Quarters, in each case, present
fairly in all material respects the financial condition of the Parent Borrower and its consolidated Subsidiaries as of the date such financial statements were prepared and delivered to the Agent. All such financial statements have been prepared in
accordance with GAAP (subject to normal year-end audit adjustments and the absence of footnotes) unless otherwise noted therein or in the notes thereto. 

(b) As of the Closing Date, the Pro Forma Financial Statements have been prepared in good faith by the Parent Borrower and based on
assumptions believed by the Parent Borrower to be reasonable as of the date of delivery thereof, and the adjustments used therein are believed by the Parent Borrower to be appropriate to give effect to the transactions and circumstances referred to
therein as of the date of delivery thereof. 

  
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 Section 3.2. No Change. Since the Closing Date there has been no development or
event, either individually or in the aggregate, that has had or could reasonably be expected to have a Material Adverse Effect. 

Section 3.3. Corporate Existence; Compliance with Law. Each Group Member (a) is duly organized or, as the case may be,
incorporated, validly existing and in good standing or in full force and effect under the laws of the jurisdiction of its organization (to the extent such concepts exist in such jurisdictions), (b) has the organizational power and authority, and the
legal right, to own and operate its Property, to lease the Property it operates as lessee and to conduct the business in which it is currently engaged, (c) in the case of any Domestic Subsidiary (or any Foreign Subsidiary organized in a
jurisdiction where such concept exists), is duly qualified as a foreign organization and in good standing or in full force and effect under the laws of each jurisdiction where its ownership, lease or operation of Property or the conduct of its
business requires such qualification and (d) is in compliance with all applicable Requirements of Law, except, in the case of the foregoing clauses (a) (solely with respect to Restricted Subsidiaries other than the Borrowers), (b), (c) and (d),
as would not, in the aggregate, have or reasonably be expected to have a Material Adverse Effect. 
 Section 3.4. Organizational
Power; Authorization; Enforceable Obligations. Each Loan Party has the corporate or other organizational power and authority, and the legal right, to make, deliver and perform the Loan Documents to which it is a party and, in the case of the
Borrowers, to borrow hereunder. Each Loan Party has taken all necessary corporate or other organizational action to authorize the execution, delivery and performance of the Loan Documents to which it is a party. No material consent or authorization
of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other Person is required in connection with the execution, delivery, performance, validity or enforceability of this Agreement or any of the other Loan
Documents, except (i) consents, authorizations, filings and notices that have been obtained or made and are in full force and effect, (ii) the consents, authorizations, filings and notices described in Schedule 3.4, (iii) the
filings referred to in Section 3.17, (iv) filings necessary to create or perfect Liens on the Collateral granted by the Loan Parties in favor of the Secured Parties, (1) filings, consents, authorizations and other
actions pursuant to the Assignment of Claims Act of 1940, as amended from time to time (31 U.S.C. § 3727 et seq.), the Financial Administration Act (Canada) or similar statute or any similar Requirement of Law, in respect of Accounts and
contracts of the Loan Parties, the obligor in respect of which is the United States of America, the federal government of Canada or the government of any province, territory or municipality of Canada, any department, agency or instrumentality
thereof, or any other Governmental Authority under such similar Requirement of Law and (v) those consents, authorizations, filings and notices the failure of which to obtain or make would not reasonably be expected to have, individually or in
the aggregate, a Material Adverse Effect. Each Loan Document has been duly executed and delivered on behalf of each Loan Party that is a party thereto. This Agreement constitutes, and each other Loan Document upon execution will constitute, a legal,
valid and binding obligation of each Loan Party that is a party thereto, enforceable against each such Loan Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium
or similar laws affecting the enforcement of creditors’ rights generally and by general equitable principles (whether enforcement is sought by proceedings in equity or at law). 

  
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 Section 3.5. No Legal Bar; Organizational Documents. The execution, delivery and
performance by each Loan Party of each Loan Document to which such Person is a party, the issuance of Letters of Credit, the borrowings hereunder and the use of the proceeds thereof will not (i) violate any Requirement of Law applicable to, or
violate or result in a default under, any Contractual Obligation of any Group Member, except, in each case, as would not have or reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, (ii) result in, or
require, the creation or imposition of any Lien on any of their respective Properties or revenues pursuant to any such Requirement of Law or any such Contractual Obligation (other than Permitted Liens) or (iii) contravene the terms of any of
such Person’s Organizational Documents. 
 Section 3.6. No Material Litigation. No litigation, investigation or proceeding
of or before any Governmental Authority is pending or, to the knowledge of any Borrower, threatened in writing by or against any Group Member or against any of their respective properties or revenues (a) with respect to this Agreement or any of
the other Loan Documents or any of the transactions contemplated hereby or thereby or (b) that would have or reasonably be expected to have a Material Adverse Effect (after giving effect to applicable insurance or indemnification). 

Section 3.7. Ownership of Property; Liens. Each Group Member has good title to, a valid leasehold interest in or a valid right to
use, all real property and other Property material to the conduct of its business except where the failure to have such title or interests would not have or reasonably be expected to have a Material Adverse Effect. None of the Pledged Capital Stock
is subject to any Lien except Permitted Liens. As of the Closing Date, neither the Parent Borrower nor any of its Restricted Subsidiaries owns any fee-owned real property located in the United States that has
a fair market value (determined as of the Closing Date) in excess of $4 million (as reasonably estimated by the Parent Borrower) other than the Material Real Properties identified on Schedule 3.7. 

Section 3.8. Intellectual Property. Except as would not have or reasonably be expected to result in a Material Adverse Effect,
(i) each Group Member owns, or is licensed to use, all Intellectual Property necessary for the conduct of its business as currently conducted (“Company Intellectual Property”); (ii) no claim has been asserted in writing and is
pending by any Person challenging or questioning the use of any Company Intellectual Property or the validity or effectiveness of any Company Intellectual Property, nor do any of the Borrowers know of any valid basis for any such claim; and
(iii) to the knowledge of each Borrower, the use of Company Intellectual Property by Holdings and the Group Members does not infringe on the rights of any Person in any material respect. 

Section 3.9. Taxes. Each Group Member has timely filed or caused to be filed all US federal and
non-U.S. income and all state, provincial and other tax returns that are required to be filed and has timely paid or caused to be paid all US federal and non-U.S. income
and all state, provincial and other Taxes levied or imposed upon it or its Properties or income due and payable by it (other than any the amount or validity of which are currently being contested in good faith by appropriate proceedings and with
respect to which reserves in conformity with GAAP have been provided on the books of the Parent Borrower or the applicable Group Member, as the case may be), except, in each case, where the failure to do so would not have or reasonably be expected
to have a Material Adverse Effect. To the knowledge of Holdings, no material written 

  
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claim has been asserted with respect to any Taxes of any Group Member (other than any the amount or validity of which are currently being contested in good faith by appropriate proceedings and
with respect to which reserves in conformity with GAAP have been provided on the books of the Parent Borrower or the applicable Group Member, as the case may be). 

Section 3.10. Federal Reserve Board Regulations. No Borrower is engaged and will not engage, principally or as one of its
important activities, in the business of purchasing or carrying Margin Stock, or extending credit for the purpose of purchasing or carrying Margin Stock, and no proceeds of any Borrowings or drawings under any Letter of Credit will be used for any
purpose that violates Regulation T, U or X of the Board. 
 Section 3.11. ERISA; Canadian Pension Plans. (a) Except as
would not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect, (i) neither a Reportable Event nor the failure of any Loan Party or Commonly Controlled Entity to make by its due date a required
installment under Section 430(j) of the Code with respect to any Single Employer Plan or any failure by any Single Employer Plan to satisfy the minimum funding standards (within the meaning of Section 412 of the Code or Section 302 of
ERISA) applicable to such Plan, whether or not waived has occurred during the five year period prior to the date on which this representation is made or deemed made with respect to any Single Employer Plan, and each Plan (other than a Multiemployer
Plan) has complied with the applicable provisions of ERISA and the Code, (ii) no termination of a Single Employer Plan has occurred, and no Lien in favor of the PBGC or a Single Employer Plan has arisen, during such five-year period,
(iii) neither Holdings nor any Commonly Controlled Entity has had, or is reasonably likely to have, a complete or partial withdrawal from any Multiemployer Plan that has resulted or would reasonably be expected to result in a liability under
ERISA, (iv) no failure by any Loan Party or any Commonly Controlled Entity to make any required contribution to a Multiemployer Plan pursuant to Sections 431 or 432 of the Code has occurred, (v) there has not been a determination that any
Single Employer Plan is, or is expected to be, in “at risk” status (within the meaning of Section 430 of the Code or Section 303 of ERISA) and (vi) to the knowledge of Holdings or any Borrower, each Multiemployer Plan
has complied with the applicable provisions of ERISA and the Code and no Multiemployer Plan is Insolvent, in “endangered” or “critical” status (within the meaning of Section 432 of the Code or Section 305
of ERISA). 
 (b) Except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect:
(i) each Canadian Pension Plan is registered and administered in compliance with the applicable provisions of the ITA and applicable pension standards laws, (ii) all material obligations of each Group Member (including fiduciary, funding,
investment and administration obligations) required to be performed in connection with the Canadian Pension Plans therefor have been performed on a timely basis, and, without limiting the generality of the foregoing, all contributions that are due
and required to be made by each Group Member to any Canadian Pension Plan or Canadian Multi-Employer Plan have been made in a timely fashion in accordance with the terms of such Canadian Pension Plan or Canadian Multi-Employer Plan and all
Requirements of Law; (iv) all employee contributions to all Canadian Pension Plans or Canadian Multi-Employer Plans by way of authorized payroll deduction or otherwise have been properly withheld or collected by and fully paid into such plans
in a timely manner, (v) no Lien exists in favor of an administrator of a Canadian Pension Plan or Canadian Multi-Employer Plan for any overdue contributions, (vi) no event has occurred and no condition exists that has

  
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resulted or could reasonably be expected to result in a Canadian Pension Plan having its registration revoked; (vii) no Canadian Pension Event has occurred, and no condition exists that
could reasonably be expected to result in, a Canadian Pension Event. Each Group Member’s sole obligation to or in respect of any Canadian Multi-Employer Plan is to make monetary contributions to such plan in the amounts and in the manner set
forth in the applicable collective agreement and plan text. As of the Closing Date, no Loan Party maintains, sponsors or contributes to any Canadian Defined Benefit Plan or has any liabilities or obligations in respect of a Canadian Defined Benefit
Plan that has been terminated or wound up. 
 Section 3.12. Investment Company Act. No Loan Party is an “investment
company” within the meaning of, or required to register under, the Investment Company Act of 1940. 
 Section 3.13. Restricted
Subsidiaries. 
 (a) The Restricted Subsidiaries listed on Schedule 3.13(a) constitute all the Restricted Subsidiaries of the
Parent Borrower as of the Closing Date. Schedule 3.13(a) sets forth as of the Closing Date the exact legal name (as reflected on the certificate of incorporation (or formation)) and jurisdiction of incorporation (or formation) of each
Restricted Subsidiary of the Parent Borrower and, as to each such Restricted Subsidiary, the percentage and number of each class of Capital Stock of such Restricted Subsidiary owned by the Group Members. 

(b) As of the Closing Date, except as set forth on Schedule 3.13(b), there are no outstanding subscriptions, options, warrants, calls,
rights or other agreements or commitments (other than stock options granted to employees, directors, managers and consultants and directors’ qualifying shares) of any nature relating to any Capital Stock of Holdings, the Parent Borrower or any
Restricted Subsidiary. 
 (c) As of the Closing Date, the Parent Borrower has no Unrestricted Subsidiaries. 

Section 3.14. Use of Proceeds. Except as otherwise provided in, and subject to the limitations set forth in,
Section 2.1(c), (a) on the Closing Date the proceeds of the Revolving Credit Loans shall be used, (i) to finance a portion of the Transactions (including working capital and/or purchase price adjustments and the
payment of Transaction Costs) in an aggregate principal amount not to exceed the sum of (A) $15 million plus (B) the aggregate principal amount of loans outstanding under the Existing ABL Credit Agreement immediately prior to the Closing
Date (which shall not exceed $20 million), (ii) to replace, backstop or cash collateralize Existing Letters of Credit, (iii) to fund upfront fees payable in connection with this Agreement, and/or (iv) for working capital purposes and
(b) after the Closing Date the proceeds of the Revolving Credit Loans shall be used to finance the working capital needs of the Loan Parties and their respective Subsidiaries and for general corporate purposes of the Loan Parties and their
respective Subsidiaries (including for capital expenditures, acquisitions, Investments, Permitted Acquisitions, Restricted Payments and any other transactions not prohibited by the Loan Documents. 

The proceeds of any Loans under an Incremental Facility shall be used as specified in the relevant Incremental Amendment. Letters of Credit
shall be used solely to support payment and other obligations incurred in the ordinary course of business by Parent Borrower and its Subsidiaries. 

  
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 Section 3.15. Environmental Matters. Other than exceptions to any of the
following that would not, in the aggregate, reasonably have or be expected to have a Material Adverse Effect: 
 (a) each Group Member:
(i) is, and for the period of three (3) years immediately preceding the Closing Date has been, in compliance with all applicable Environmental Laws; (ii) holds all Environmental Permits required for any of its current operations or
for any property owned, leased, or otherwise operated by it; and (iii) is in compliance with all of its Environmental Permits; 
 (b)
Hazardous Materials are not present at, on, under or in any real property now or formerly owned, leased or operated by any Group Member, or at any other location (including any location to which Hazardous Materials have been sent by any Group Member
for re-use or recycling or for treatment, storage, or disposal) which would reasonably be expected to (i) give rise to the imposition of Environmental Liabilities on any Group Member or
(ii) interfere with any Group Member’s continued operations or (iii) impair the fair saleable value of any real property currently owned by any Group Member; 

(c) there is no judicial, administrative, or arbitral proceeding pursuant to any Environmental Law to which any Group Member is named as a
party that is pending or, to the knowledge of any Group Member, threatened in writing (including any notice of violation or alleged violation); 

(d) no Group Member has received any written request for information, or been notified in writing that it is a potentially responsible party
under or relating to the Federal Comprehensive Environmental Response, Compensation, and Liability Act or any equivalent US state or similar Canadian federal, provincial or territorial Environmental Law; 

(e) no Group Member has entered into any consent decree, order, settlement or other agreement, or is subject to any judgment, decree, order or
other agreement, in any judicial, administrative, arbitral, or other forum for dispute resolution, relating to compliance with any Environmental Liability; and 

(f) no Group Member has assumed or retained by contract or operation of law, or is otherwise subject to, any Environmental Liability of any
other Person. 
 Section 3.16. Accuracy of Information, Etc.. (a) None of the written information, written reports, financial
statements, exhibits or schedules furnished by or on behalf of any Group Member (other than projected financial information, pro forma financial information, budgets, estimates, other forward-looking statements and information of a general
economic or industry nature) to the Agent or any Lender in connection with the negotiation of any Loan Document or included therein or delivered pursuant thereto (as modified or supplemented by other information so furnished), when taken as a whole
and after giving effect to any updates or supplements thereto, contained or contains any material misstatement of a material fact or omitted or omits to state any material fact necessary to make the statements contained therein, in the light of the
circumstances under which they were or are made (after giving effect to all 

  
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supplements and updates thereto), not materially misleading. With respect to written projected financial information and pro forma financial information, such written information was
prepared in good faith based upon assumptions believed to be reasonable at the time such information was furnished, it being understood that such projected financial information and pro forma financial information are not to be viewed as
facts or as a guarantee of performance or achievement of any particular results, are subject to significant uncertainties and contingencies, many of which are beyond the control of the Parent Borrower and its Subsidiaries, and that actual results
may vary from such forecasts and that such variations may be material and that no assurance can be given that the projected results will be realized. 

(b) As of the Closing Date, the information included in the Beneficial Ownership Certification is true and correct in all material respects.

 Section 3.17. Security Documents. The US Guarantee and Collateral Agreement and each other US Security Document executed and
delivered by a US Loan Party is effective to create in favor of the Agent, for the benefit of the Secured Parties, a legal, valid, binding and enforceable security interest in the US Collateral described therein, except as enforceability may be
limited by applicable Debtor Relief Laws and by general equitable principles (whether enforcement is sought by proceedings in equity or at law). The Canadian Guarantee and Collateral Agreement and each other Canadian Security Document executed and
delivered by a Canadian Loan Party is effective to create in favor of the Agent, for the benefit of the Canadian Secured Parties, a legal, valid, binding and enforceable security interest in the Canadian Collateral described therein, except as
enforceability may be limited by applicable Debtor Relief Laws and by general equitable principles (whether enforcement is sought by proceedings in equity or at law). Subject to the terms of Section 5.9(d) and the delivery
requirements of any applicable Intercreditor Agreement and except as otherwise provided under applicable Requirements of Law (including the UCC and the PPSA, as applicable), in the case of (i) the Pledged Capital Stock described in the US
Guarantee and Collateral Agreement or the Canadian Guarantee and Collateral Agreement, when any stock certificates representing such Pledged Capital Stock (and constituting “certificated securities” within the meaning of the UCC or PPSA,
as applicable) are delivered to the Agent (or its designee, agent or on its behalf), (ii) Collateral with respect to which a security interest may be perfected only by possession or control, upon the taking of possession or control by the Agent (or
its designee or agent) of such Collateral and (iii) the other personal property Collateral described in the applicable Security Documents, when financing statements in appropriate form are filed in the appropriate filing offices, appropriate
assignments or notices are filed in each applicable IP Office and such other filings as are specified by the US Guarantee and Collateral Agreement or the Canadian Guarantee and Collateral Agreement, as applicable, have been completed, the Liens on
the Collateral described in clauses (i), (ii) and (iii) above created by the US Guarantee and Collateral Agreement or the Canadian Guarantee and Collateral Agreement, as applicable shall constitute fully perfected Liens on, and security
interests in, all right, title and interest of the applicable Loan Parties in such Collateral, as security for the applicable Obligations, in each case prior to the Liens of any other Person (except Permitted Liens). Notwithstanding anything herein
(including this Section 3.17) or in any other Loan Document to the contrary, neither the Parent Borrower nor any other Loan Party makes any representation or warranty as to (A) the effects of perfection or non-perfection, the priority or the enforceability of any pledge of or security interest (other than with respect to those pledges of Capital Stock (if any) made under the Requirements of Law of the

  
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jurisdiction of formation of the applicable Foreign Subsidiary other than a Canadian Subsidiary) in any Capital Stock or assets of any Foreign Subsidiary other than a Canadian Subsidiary, or as
to the rights and remedies of the Agent or any Lender with respect thereto, under foreign (other than Canadian) Requirements of Law, (B) the pledge or creation of any security interest, or the effects of perfection or non-perfection, the priority or the enforceability of any pledge of or security interest to the extent such pledge, security interest, perfection or priority is not required pursuant to the Collateral and Guarantee
Requirement or the definition of Excluded Assets or (C) on the Closing Date and until required pursuant to Section 5.9 or 5.14, the pledge or creation of any security interest, or the effects of perfection or non-perfection, the priority or the enforceability of any pledge or security interest to the extent not required on the Closing Date pursuant to Section 4.1(h) or 4.1(i) (subject to the last
paragraph of Section 4.1). 
 Section 3.18. Solvency. As of the Closing Date, after giving effect to
the Transactions, Holdings and its Subsidiaries, on a consolidated basis, are Solvent. 
 Section 3.19. Sanctions; Anti-Bribery
Laws; Anti-Money Laundering Laws. 
 (a) To the extent applicable, each of Holdings, the Parent Borrower and its Subsidiaries is in
compliance, in all material respects, with (i) the Trading with the Enemy Act, as amended, and each of the foreign assets control regulations of the United States Treasury Department (31 CFR Subtitle B, Chapter V, as amended) and any other
enabling legislation or executive order relating thereto, (ii) the PATRIOT Act, and (iii) Canadian Anti-Money Laundering Laws. 

(b) (i) None of Holdings, the Parent Borrower, any of its Subsidiaries or, to the knowledge of the Parent Borrower, any director, or
officer of Holdings, the Parent Borrower or any of its Subsidiaries is the subject of any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”) or the U.S. Department of State
or of any Canadian sanctions administered by the Government of Canada (“Sanctions”) and (ii) none of Holdings, the Parent Borrower nor any of its Subsidiaries will use any part of the proceeds of the Loans or otherwise
knowingly make available any part of such proceeds to any Person, (x) for the purpose of financing the activities of any Person, or in any country, that is the subject of any Sanctions, except to the extent licensed or otherwise approved or
exempted by OFAC or the Government of Canada or (y) in any manner that would result in a violation by any Secured Party or Loan Party of any Sanctions. 

(c) No part of the proceeds of the Loans will be used by Holdings, the Parent Borrower or any of its Subsidiaries, directly or indirectly, for
any payments to any governmental official or employee, political party, official of a political party, candidate for political office, or anyone else acting in an official capacity, in order to obtain, retain or direct business or obtain any
improper advantage, in violation of the United States Foreign Corrupt Practices Act of 1977, as amended, or the Corruption of Foreign Public Officials Act (Canada), as amended. 

(d) Notwithstanding the foregoing, the representations in this Section 3.19(a)(i) and (b)(ii) shall not be made by
nor apply to any Person that qualifies as a corporation that is registered or incorporated under the laws of Canada or any province thereof and that carries on business in whole or in part in Canada within the meaning of Section 2 of the
Foreign 

  
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Extraterritorial Measures (United States) Order, 1992 passed under the Foreign Extraterritorial Measures Act (Canada) in so far as such representations would result in a violation of or conflict
with the Foreign Extraterritorial Measures Act (Canada) or any similar law. 
 Section 3.20. EEA Financial Institution. No Loan
Party is an EEA Financial Institution 
 Section 3.21. Labor Matters. Except as would not, individually or in the aggregate,
have or could reasonably be expected to have a Material Adverse Effect, (a) there are no strikes, lockouts or slowdowns against any Group Member pending or, to the knowledge of the Borrowers, threatened in writing, (b) the hours worked by
and payments made to employees of any Group Member have not been in violation of the Fair Labor Standards Act or any other applicable federal, state, provincial, territorial, municipal, local or foreign law dealing with such matters and (c) all
payments due from any Group Member, or for which any claim may be made against any Group Member, on account of wages and employee health and welfare insurance and other benefits, have been paid or accrued as a liability on the books of any such
Group Member. The consummation of the Transactions will not give rise to any right of termination or right of renegotiation on the part of any union under any collective bargaining agreement to which any Group Member is bound. 

Section 3.22. Accounts. Without limiting the statements contained in any Borrowing Base Certificate, the statements in each
Borrowing Base Certificate are or will be (when such Borrowing Base Certificate is delivered) true and correct in all material respects. The Agent may rely, in determining which Accounts are Eligible Accounts, on all statements and representations
made by the Borrowers with respect thereto. With respect to each Account at the time it is shown as an Eligible Account in a Borrowing Base Certificate: 

(a) it is genuine and in all material respects what it purports to be, and is not evidenced by a judgment; 

(b) it arises out of a completed, bona fide sale and delivery of goods or rendition of service and substantially in accordance with any
purchase order, contract or other document relating thereto; and 
 (c) it is for a sum certain, maturing as stated in the invoice covering
such sale or rendition. 
 Section 3.23. Borrowing Base Calculation. The calculation by the Borrower Representative of each
Borrowing Base in any Borrowing Base Certificate delivered to the Agent and the valuation thereunder is complete and accurate in all material respects as of the date of such delivery. 

SECTION IV 
 CONDITIONS
PRECEDENT 
 Section 4.1. Conditions to Closing Date. Subject to Section 5.14 and the Funds
Certain Provisions, the agreement of each Lender and Issuing Bank to make the initial extension of credit requested to be made by it hereunder is subject to the satisfaction (or waiver in 

  
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accordance with Section 9.2), but subject to Section 5.14, prior to or concurrently with the making of such extension of credit on the Closing
Date, of the following conditions precedent: 
 (a) The Agent shall have received this Agreement, the US Guarantee and Collateral Agreement,
the Canadian Guarantee and Collateral Agreement, the other Security Documents required to be executed on the Closing Date, the Closing Date Factoring Intercreditor Agreement and the ABL Intercreditor Agreement, in each case, executed and delivered
by each party thereto. 
 (b) Prior to, or substantially concurrently with the initial extension of credit hereunder, the Closing Date
Refinancing shall have been consummated and all security interests and guarantees in connection therewith shall be terminated and released. 

(c) The Agent shall have received (i) the audited consolidated balance sheets of the Seller and its Subsidiaries as at October 29,
2016 and October 28, 2017 and the related consolidated statements of retained earnings, operations, and cash flows of the Seller and its Subsidiaries for the fiscal year then ended, (ii) the unaudited consolidated balance sheet of the
Seller and its Subsidiaries as at April 30, 2018 and the related consolidated statement of operations of the Seller and its Subsidiaries for the six-month period then ended, (iii) the unaudited
consolidated balance sheet of the Seller and its Subsidiaries as at May 31, 2018 and the related consolidated statement of operations of the Seller and its Subsidiaries for the seven-month period then ended, (iv) for each fiscal month of
the Seller and its Subsidiaries ended after May 31, 2018 and at least thirty (30) days prior to the Closing Date, the unaudited consolidated monthly balance sheet of the Seller and its Subsidiaries as at the end of such fiscal month and
the related consolidated statement of operations of the Seller and its Subsidiaries for such fiscal month and (v) a pro forma consolidated balance sheet of the Parent Borrower and its Subsidiaries as of the last day of the Fiscal Quarter ended
on or about June 30, 2018 prepared after giving effect to the Transactions as if the Transactions had occurred as of such date and any other adjustments as agreed by the Sponsor and the Joint Lead Arrangers (which need not be prepared in
compliance with Regulations S-X of the Securities Act of 1933, as amended, or include adjustments for purchase or recapitalization accounting (including adjustments of the type contemplated by Financial
Accounting Standards Board Accounting Standards Codification 805, Business Combinations (formerly SFAS 141R))). 
 (d) All fees and expenses
in connection with the Revolving Credit Facility (including reasonable out-of-pocket legal fees and expenses) payable by the Borrowers to the Lenders, the Joint Lead
Arrangers and the Agent on or before the Closing Date shall have been paid to the extent then due; provided, that all such amounts shall be required to be paid, as a condition precedent to the Closing Date, only to the extent invoiced at
least three (3) Business Days prior to the Closing Date. 
 (e) The Agent shall have received a solvency certificate in the form of
Exhibit H from the chief financial officer of the Parent Borrower with respect to the solvency of the Parent Borrower and its Subsidiaries, on a consolidated basis, after giving effect to the Transactions. 

  
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 (f) The Agent shall have received the following: 

(i) a copy of the charter or other similar Organizational Document of each Loan Party and each amendment thereto, and as
regards each US Loan Party, certified (as of a date reasonably near the date of the initial extension of credit) as being a true and correct copy thereof by the Secretary of State or other applicable Governmental Authority of the jurisdiction in
which each such US Loan Party is organized or incorporated; and 
 (ii) a copy of a certificate of the Secretary of State or
other applicable Governmental Authority of the jurisdiction in which each such Loan Party is organized, dated within thirty (30) days of the Closing Date, certifying that such Person is duly organized and in good standing under the laws of such
jurisdiction; and (iii) a certificate of the Secretary, Assistant Secretary or other appropriate Responsible Officer of each Loan Party dated the Closing Date and certifying (A) that attached thereto is a true and complete copy of the by-laws, or operating or partnership agreement of such Loan Party as in effect on the Closing Date and at all times since a date prior to the date of the resolutions described in clause (B) below, (B) that
attached thereto is a true and complete copy of resolutions duly adopted by the Board of Directors of such Loan Party authorizing the execution, delivery and performance of the Loan Documents to which such Person is a party and, in the case of the
Borrowers, the borrowings hereunder, and that such resolutions have not been modified, rescinded or amended and are in full force and effect, (C) that the certificate or articles of incorporation or formation, partnership agreement or other
constitutive documents of such Loan Party have not been amended since the date the documents furnished pursuant to clause (i) above were certified and (D) as to the incumbency and specimen signature of each officer executing any Loan
Document or any other document delivered in connection herewith on behalf of such Loan Party. 
 (g) The Agent shall have received the legal
opinion of (i) Kirkland & Ellis LLP, as counsel to the Loan Parties, (ii) Taft Stettinius & Hollister LLP, as Ohio and Indiana local counsel to certain Loan Parties, (iii) Summit Law Group PLLC, as Washington local
counsel to certain Loan Parties, (iv) Pepper Hamilton LLP, as Pennsylvania local counsel to certain Loan Parties, (v) Fredrikson & Byron, P.A., as Minnesota local counsel to certain Loan Parties and (vi) Stikeman Elliott LLP,
as Canadian counsel to the Loan Parties. 
 (h) To the extent delivery thereof is required under the applicable Security Document and
subject to the ABL Intercreditor Agreement, the Agent (or its bailee) shall have received (i) the certificates representing the shares of Capital Stock pledged pursuant to any Security Document (if such shares are certificated securities for
purposes of Article 8 of the UCC or the PPSA, as applicable), together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof and (ii) each promissory note required to be
delivered by the Loan Parties pursuant to any Security Document endorsed in blank or accompanied by an executed transfer form in blank (in each case to the extent delivery of such endorsements or transfer forms are customary under applicable
Requirements of Law) by the pledgor thereof. 
 (i) All UCC and PPSA financing statements in the jurisdiction of organization of each Loan
Party and each other applicable jurisdiction to be filed, registered or recorded to perfect the Liens intended to be created by any Security Document to the extent required by, and with the priority required by, such Security Document shall have
been delivered to the Agent for filing, registration or recording. 

  
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 (j) The Agent and the Joint Lead Arrangers shall have received, no later than three
(3) Business Days prior to the Closing Date, all documentation and other information about the Loan Parties as has been reasonably requested in writing at least ten (10) Business Days prior to the Closing Date by the Agent and the Joint
Lead Arrangers with respect to applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act and Canadian Anti-Money Laundering Laws. 

(k) At least two (2) Business Days prior to the Closing Date (to the extent requested by the Agent or any Initial ABL Lender at least ten
(10) Business Days prior to the Closing Date), any Borrower or Guarantor that qualifies as a “legal entity customer” under the Beneficial Ownership Regulation shall deliver a Beneficial Ownership Certification to the Agent,
which certification shall be substantially similar in form and substance to the form of Certification Regarding Beneficial Owners of Legal Entity Customers published jointly, in May 2018, by the Loan Syndications and Trading Association and
Securities Industry and Financial Markets Association, in relation to such Borrower or Guarantor. 
 (l) The Specified Purchase Agreement
Representations and the Specified Representations shall be true and correct in all material respects (except to the extent qualified by materiality or Material Adverse Effect, in which case such representations shall be true and correct in all
respects). 
 (m) After giving effect to the Transactions and the use of proceeds described in Section 3.14(a) on the Closing Date,
Availability shall not be less than $20 million. 
 (n) The Acquisition shall be consummated in all material respects pursuant to the
Purchase Agreement and the other Transaction Documents (as defined in the Purchase Agreement) prior to, or substantially concurrently with, the effectiveness of this Agreement without giving effect to any amendments thereto or modifications, waivers
or consents to the provisions thereof that, in any such case, are materially adverse to the interests of the Joint Lead Arrangers or the Initial ABL Lenders without the consent of the Joint Lead Arrangers, such consent not to be unreasonably
withheld, conditioned or delayed (it being understood and agreed that (i) any of the following decreases in the consideration for the Acquisition shall be deemed not to be materially adverse to the interests of the Joint Lead Arrangers or the
Initial ABL Lenders: (x) decreases pursuant to any purchase price or similar adjustment provisions set forth in the Purchase Agreement and (y) decreases of less than ten percent (10%) of the total Acquisition consideration (it being
understood that any such decrease shall be applied to reduce the initial term commitment under the Term Loan Credit Agreement on a US Dollar-for-US Dollar basis), (ii)
any increase in the consideration for the Acquisition shall be deemed not to be materially adverse to the interests of the Joint Lead Arrangers or the Initial ABL Lenders so long as funded with proceeds of common equity, preferred equity that does
not constitute “Disqualified Capital Stock” or cash on hand at the Parent Borrower and (iii) any adverse amendment, consent, waiver or other modification to the definition of Material Adverse Effect (as defined in the Purchase
Agreement) (in each case, without the prior written consent of the Joint Lead Arrangers (such consent not to be unreasonably withheld, delayed or conditioned)) shall be deemed to be materially adverse to the interests of the Joint Lead Arrangers or
the Initial ABL Lenders. 

  
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 (o) No Material Adverse Effect (as defined in the Purchase Agreement) shall have occurred
since July 25, 2018. 
 (p) The Borrower Representative shall have delivered to the Agent a Borrowing Base Certificate as of
August 26, 2018. 
 Notwithstanding anything to the contrary contained above in this Section 4.1, to the
extent any Collateral may not be perfected solely by (A) the filing of financing statements under the UCC or the PPSA, or (B) the delivery of stock certificates or other certificates, if any, representing equity interests of the Loan
Parties required to be pledged pursuant to the US Guarantee and Collateral Agreement or the Canadian Guarantee and Collateral Agreement to the extent (x) possession of such certificates perfects a security interest therein and (y) other
than in the case of stock certificates or other certificates representing equity interests of the Parent Borrower or any of its Domestic Subsidiaries that are Loan Parties under the Existing Credit Agreements, such stock certificates have been
received from the Sellers after Borrowers’ use of commercially reasonable efforts to do so, then the perfection of the security interest in such Collateral (and the taking of the related required actions) shall not constitute a condition
precedent to the effectiveness of this Agreement under this Section 4.1, but may instead be provided within ninety (90) days after the Closing Date, subject to such extensions as are reasonably agreed by the Agent and the Borrower
Representative (the foregoing conditions, the “Funds Certain Provisions”). 
 Section 4.2. Conditions to Each
Post-Closing Extension of Credit. The agreement of each Lender and any Issuing Bank to make any extension of credit requested to be made by it hereunder on any date (other than (wv) the initial extensions of credit on the Closing Date (except with respect to the conditions precedent specified in clauses (c) and (d) below), (w) extensions of credit on the Fifth Amendment Effective Date (except with respect to the conditions specified in clauses (c) and (d) below and in Section II of the Fifth Amendment), (x) Agent Advances, (y) a conversion of Loans to the other Type, or a continuation of Eurodollar Loans or BA Equivalent Rate Loans and (z) any amendment, modification, renewal or extension of a Letter
of Credit which does not increase the face amount of such Letter of Credit) is subject to the satisfaction of the following conditions precedent (except as otherwise set forth in Section 2.20(c) and (d)): 

(a) Representations and Warranties. Each of the representations and warranties made by any Loan Party in or pursuant to the Loan Documents
shall be true and correct in all material respects on and as of such date as if made on and as of such date, except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and
warranties shall be true and correct in all material respects as of such earlier date (provided, that, in each case such materiality qualifier shall not be applicable to any representations or warranties that already are qualified or modified
by materiality or Material Adverse Effect). 

  
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 (b) No Default. No Default or Event of Default shall have occurred and be continuing on such
date or immediately after giving effect to the extensions of credit requested to be made on such date. 
 (c) Borrowing Notice. Delivery of
a Borrowing Request pursuant to Section 2.3. 
 (d) Borrowing Base Limitations. After giving effect thereto (and
the use of the proceeds thereof): (i) the Total Revolving Credit Exposure would not exceed the Line Cap at such time; (ii) the Total Canadian Revolving Credit Exposure at such time would not exceed the Canadian Line Cap at such time; and
(iii) the Total US Revolving Credit Exposure at such time would not exceed the US Line Cap at such time. 
 Each Borrowing of a Loan
(other than (w) the initial extensions of credit on the Closing Date (except with respect to the condition precedent specified in clause (d) below), (x) Agent Advances, (y) a conversion of Loans to the other Type, or a continuation of
Eurodollar Loans or BA Equivalent Rate Loans, and (z) any amendment, modification, renewal or extension of a Letter of Credit which does not increase the face amount of such Letter of Credit) by and issuance of a Letter of Credit on behalf of
one or more Borrowers hereunder shall constitute a representation and warranty by the Parent Borrower and such Borrower as of the date of such extension of credit that the conditions contained in this Section 4.2 have been satisfied.

 Notwithstanding anything in this Section 4.2 to the contrary, (i) the effectiveness of any Incremental
Amendment shall be subject only to the conditions precedent set forth in Section 2.20(c) and to such conditions as are mutually agreed between the applicable Borrower and the Lenders party to the Incremental Amendment and
(ii) the effectiveness of any Extension Amendment shall be subject only to the conditions precedent set forth in Section 2.22(a) and to such conditions as are mutually agreed between the applicable Borrower and the
Lenders party to the Extension Amendment. 
 SECTION V 

AFFIRMATIVE COVENANTS 

Holdings (solely with respect to Section 5.3, Section 5.4,
Section 5.9 and Section 5.11), the Parent Borrower and each other Borrower hereby jointly and severally agrees that until the Obligations have been paid in full and all Revolving Credit Commitments
have been terminated, Holdings (solely with respect to Section 5.3, Section 5.4, Section 5.9 and Section 5.11), the Parent Borrower and each
other Borrower shall and shall cause each of the Parent Borrowers’ Restricted Subsidiaries to: 
 Section 5.1. Financial
Statements. Furnish to the Agent for further delivery to each Lender: 
 (a) within 120 days after the end of each Fiscal Year of the
Parent Borrower (150 days in the case of the Fiscal Years ending on or about December 31, 2018 and December 31, 2020), a copy of the audited consolidated balance sheets of the Parent Borrower and its consolidated Subsidiaries as at the end
of such Fiscal Year or period and the related audited consolidated statements of income, stockholders’ (or members’) equity and of cash flows for such Fiscal Year 

  
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(provided, that for the Fiscal Year ending December 31, 2018, the Target shall be included in such financial statements only from the Closing Date through the end of such Fiscal Year
and Midwest Lumber shall be included in such financial statements only from June 1, 2018 through the end of such Fiscal Year), setting forth in each case in comparative form the figures as of the end of and for the previous year or period
(provided, in no event shall any comparison be required to be furnished to the Agent with respect to any period occurring prior to the first day of the Fiscal Year of the Parent Borrower ending on or about December 31, 2018;
provided, further, with respect to Midwest Lumber and the Target and its Subsidiaries, in no event shall any prior year comparison financial be required to include information with respect to Midwest or the Target and its Subsidiaries,
as applicable, prior to the date such Persons were acquired, directly or indirectly, by Parent Borrower), all in reasonable detail and prepared in accordance with GAAP (except as noted therein), reported on without a “going concern” or
like qualification, exception or explanatory paragraph, or qualification, exception or explanatory paragraph as to the scope of the audit (other than any such exception or explanatory paragraph that is expressly solely with respect to, or expressly
resulting solely from, (x) an upcoming maturity date under any
Indebtedness or, (y) any potential inability to satisfy any financial maintenance
covenant on a future date or in a future period), by an independent certified public accountants of nationally recognized standing, together with customary management discussion and analysis or (z) the activities, operations, financial results, assets or liabilities of any Unrestricted Subsidiary; 
 (b) within 45 days after the end of each of the first three quarterly periods of each Fiscal
Year of the Parent Borrower commencing with the Fiscal Quarter ending on or about March 31, 2019 (60 days in the case of the Fiscal Quarters ending on or about March 31, 2019, June 30, 2019 and September 30, 2019 for which
financial statements are required to be delivered pursuant to this Section 5.1(b)), the unaudited consolidated balance sheets of the Parent Borrower and its consolidated Subsidiaries as at the end of such Fiscal Quarter and
the related unaudited consolidated statements of income, stockholders’ (or members’) equity and of cash flows for such Fiscal Quarter and the portion of the Fiscal Year through the end of such Fiscal Quarter, setting forth in each case in
comparative form the figures as of the end of and for the corresponding period in the previous year (provided, no comparison to any period prior to the Closing Date shall be required), all in reasonable detail and certified by a Responsible
Officer of the Parent Borrower as fairly presenting in all material respects the financial condition, results of operations and cash flows of the Parent Borrower and its consolidated Subsidiaries in accordance with GAAP (except as noted therein and
subject to normal year-end audit adjustments and the absence of footnotes), together with customary management discussion and analysis; provided, that any change in GAAP (or relevant pronouncements) or
in the application thereof (including through conforming changes made consistent with IFRS) shall not be required to be reflected in the financial statements delivered pursuant to this Section 5.1(b) until after such
changes are reflected in the audited financial statements most recently delivered pursuant to Section 5.1(a); 

(c) within 60 days after the end of the Fiscal Quarter ending on or about September 30, 2018, (i) the unaudited consolidated balance
sheets of the Parent Borrower and its consolidated Subsidiaries as at the end of such Fiscal Quarter and the related unaudited consolidated statements of income, stockholders’ (or members’) equity and of cash flows for such Fiscal Quarter,
all in reasonable detail and certified by a Responsible Officer of the Parent Borrower as fairly presenting in all material respects the financial condition, results of operations and cash flows of the Parent Borrower and its consolidated
Subsidiaries (which for purposes of 

  
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this Section 5.1(c)(i) shall in no event include the US Target, the Canadian Target or their respective subsidiaries) in accordance with GAAP (except as noted therein
and subject to normal year-end audit adjustments and the absence of footnotes) and (ii) the unaudited combined balance sheet of the US Target and the Canadian Target and their respective subsidiaries as
at the end of such Fiscal Quarter and the related combined statement of operations of the US Target and the Canadian Target and their respective subsidiaries for such Fiscal Quarter; provided, that any change in GAAP (or relevant
pronouncements) or in the application thereof (including through conforming changes made consistent with IFRS) shall not be required to be reflected in the financial statements delivered pursuant to this Section 5.1(c); and

 (d) together with each set of consolidated financial statements referred to in Sections 5.1(a) and
Section 5.1(b) above, the related consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) (which may be in footnote form only and shall not be
required to be audited) from such consolidated financial statements. 
 Notwithstanding the foregoing, the obligations in clauses (a), (b),
(c) and (d) of this Section 5.1 may be satisfied with respect to financial information of the Parent Borrower and its Subsidiaries by furnishing (1) the applicable financial statements of Holdings (or any direct
or indirect parent of the Parent Borrower) or (2) the Parent Borrower’s (or any direct or indirect parent of the Parent Borrower’s) Form 10-K or 10-Q, as
applicable, filed with the SEC; provided, that, (i) to the extent such information relates to a parent of the Parent Borrower, such information is accompanied by consolidating information that explains in reasonable detail the
differences between the information relating to such parent, on the one hand, and the information relating to the Parent Borrower and the Restricted Subsidiaries on a standalone basis, on the other hand and (ii) to the extent such information
is in lieu of information required to be provided under Section 5.1(a), the consolidated financial statements included in the materials provided are accompanied by a report by an independent certified public accountants of
nationally recognized standing (without a “going concern” or like qualification, exception or explanatory paragraph, or qualification, exception or explanatory paragraph as to the scope of the audit (other than any such exception or
explanatory paragraph that is expressly solely with respect to, or expressly resulting solely from, (x) an upcoming maturity date under any Indebtedness or (y) any potential inability to satisfy any financial maintenance covenant on a
future date or in a future period)). 
 Section 5.2. Certificates; Other Information. Furnish to the Agent in each case for
further delivery to each Lender, or, in the case of clause (f) or (g), to the relevant Lender: 
 (a) concurrently with the delivery of
any financial statements pursuant to Sections 5.1(a) and 5.1(b) (or the Form 10-K or 10-Q, as applicable, referred to in the last paragraph of
Section 5.1), a Compliance Certificate of a Responsible Officer of the Parent Borrower that shall include, or have appended thereto, a statement that such Responsible Officer of the Parent Borrower has obtained no knowledge
of any continuing Event of Default, or if any such Event of Default has occurred and is continuing, specifying the nature and extent thereof and any action taken or proposed to be taken with respect thereto (which shall include calculations with
respect to the Financial Covenant irrespective of whether a Compliance Period exists at such time); 

  
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 (b) concurrently with the delivery of any financial statements pursuant to
Section 5.1(a), a consolidated budget in reasonable detail for the following Fiscal Year (including a projected consolidated balance sheet of the Parent Borrower and its Restricted Subsidiaries as of the end of the
following Fiscal Year, and the related consolidated statements of projected cash flow, projected changes in financial position and projected income and a statement of all material assumptions used in preparation of such budget) (collectively, the
“Projections”), which Projections shall set forth such information on a quarterly basis and in each case be accompanied by a certificate of a Responsible Officer of the Parent Borrower stating that such Projections are based on
reasonable estimates, information and assumptions at the time made and at the time delivered (it being understood that (x) the Projections shall constitute “private side” information and shall only be made available to “non-public” Lenders and (y) the Projections are based upon good faith estimates and assumptions believed by management of the Parent Borrower to be reasonable at the time made and at the time
delivered, it being recognized that such Projections are subject to significant uncertainties and contingencies, many of which are beyond the control of management, and that no assurance can be given that any particular Projections will be realized
and that variances from the Projections and the actual results during the period or periods covered by such Projections may be material); 

(c) from and after the Closing Date, (i) unless clause (ii) below applies, not later than 5:00 p.m., New York City time on or before
the twentieth (20th) day of each Fiscal Month (or more frequently as the Borrower Representative may elect, so long as the frequency of delivery is maintained by the Borrower Representative for the immediately following sixty (60) day period),
(ii) during any period in which a Dominion Period is in effect and in respect of which the Agent has delivered notice thereof as contemplated by the definition thereof, not later than 5:00 p.m., New York City time, on or before Wednesday of each
week, (iii) at the Borrower Representative’s discretion, at the time of the consummation of a Permitted Acquisition (including, if applicable, a calculation of the Acquired Asset Borrowing Base) and (iv) at the time of the
consummation of a sale or other Disposition (including a sale of Accounts in connection with a Receivables Facility or Factoring Facility) of Borrowing Base assets with a value in excess of $5 million (excluding any Disposition of cash or
Inventory in the ordinary course of business but including, for the avoidance of doubt, any Disposition pursuant to Section 6.5(j), (p) or (bb)), in each case, a borrowing base certificate setting forth each Borrowing Base (in each case with
supporting calculations in reasonable detail) substantially in the form of Exhibit J (each, a “Borrowing Base Certificate”), which shall be prepared as of the last Business Day of the preceding Fiscal Month in the case of
each subsequent Borrowing Base Certificate (or, if any such Borrowing Base Certificate is delivered more frequently than monthly, as of the last Business Day of the week or other applicable period preceding such delivery). Each such Borrowing Base
Certificate shall include such supporting information as may be reasonably requested from time to time by the Agent; 
 (d) (i) In the
case of succeeding sub-clause (x), one (1) time during each Fiscal Year of the Parent Borrower (or, at any time that Specified Availability is less than the greater of (i) 15% of the Line Cap and (ii)
$9.5 million for five (5) consecutive business days, two (2) times in each Fiscal Year of the Parent Borrower), (ii) in the case of succeeding sub-clause (y), one (1) time in each Fiscal
Year (at any time that Specified Availability is less than the greater of (i) 15% of the Line Cap and (ii) $9.5 million for five (5) consecutive business days, two (2) times in each Fiscal Year of the Parent Borrower) and
(iii) in the case of either sub-clause (x) or (y), at any time that 

  
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any Specified ABL Default exists, as often as the Agent reasonably requests (x) an appraisal of the Inventory of the Loan Parties and (y) a collateral examination of the Inventory,
Accounts and related accounts of the Loan Parties, in each case, in scope and form, and conducted by the Agent or from a third-party appraiser and a third-party consultant, respectively, reasonably satisfactory to the Agent and at the sole cost and
expense of the Borrowers; provided that, notwithstanding the foregoing, the Agent, in its Permitted Discretion, may
elect not to conduct a second field exam and inventory appraisal in any Fiscal Year if the amount attributable to clause (b) of the definition of “Specified Availability” (without regard to the proviso thereto) is greater than
$50,000,000 at such time. The Agent shall deliver to each Lender, within five (5) days of receipt thereof, each final report delivered to the Agent pursuant to this clause (d); 

(e) within ten (10) days after the same are sent or made available, copies of all reports that any Group Member sends to the holders of
any class of its public equity securities and, promptly after the same are filed, copies of all reports or other materials that any Group Member may make to, or file with, the SEC or any national securities exchange (other than amendments to any
registration statement (to the extent such registration statement, in the form it became effective, is delivered to the Agent), exhibits to any registration statement and, if applicable, any registration statement on Form S-8), and in any case not otherwise required to be furnished to the Agent or the Lenders pursuant to any other clause of this Section 5.2, in each case only to the extent such reports are of a type
customarily delivered by borrowers to lenders in syndicated loan financings; provided, that the Parent Borrower shall not be required to deliver copies of any such reports or other materials that have been posted on EDGAR or any successor
filing system thereto; 
 (f) promptly after the written request by the Agent or any Lender through the Agent, customary documentation and
other information that such Lender reasonably requests in writing in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act and
Canadian Anti-Money Laundering Laws; and 
 (g) promptly, such additional financial and other information regarding the business, legal,
financial or corporate affairs of any Loan Party or any Restricted Subsidiary, or compliance by any Loan Party with the terms of the Loan Documents to which it is a party, as the Agent may from time to time reasonably request in writing (on its own
behalf or on behalf of any Lender); provided that no Loan Party shall be required to prepare or procure any environmental surveys or reports with respect to the real property of any Group Member. 

In no event shall the requirements set forth in Section 5.2(g) require Holdings, the Borrower Representative or any
of its Restricted Subsidiaries to provide any such information which (i) constitutes non-financial trade secrets or non-financial proprietary information Holdings,
the Borrower Representative or any of its Restricted Subsidiaries, (ii) in respect of which disclosure to the Agent or any Lender (or their respective representatives) is prohibited by Requirements of Law or (iii) is subject to
attorney-client or similar privilege or constitutes attorney work-product or confidentiality obligations. 
 Section 5.3. Payment of
Material Taxes. Pay, discharge or otherwise satisfy as the same shall become due and payable in the normal conduct of its business, all its obligations and 

  
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liabilities in respect of Taxes imposed upon it or upon its income or profits or in respect of its property, except, in each case, to the extent (a) any such Tax is being contested in good
faith and by appropriate proceedings for which appropriate reserves have been established in accordance with GAAP or (b) the failure to pay or discharge the same would not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect. 
 Section 5.4. Conduct of Business and Maintenance of Existence, Compliance with Laws, Etc..
(a) (i) Preserve, renew and keep in full force and effect its corporate or other organizational existence (it being understood, for the avoidance of doubt, that the foregoing shall not limit any change in form of entity or organization) and
(ii) take all reasonable action to maintain all rights, privileges, franchises, permits and licenses necessary in the normal conduct of its business, except, in each case, as otherwise permitted by Section 6.4 and except (other than
in the case of the preservation of existence of the Parent Borrower) to the extent that failure to do so would not have or reasonably be expected to have a Material Adverse Effect; and (b) comply with all applicable Requirements of Law
(including ERISA, applicable laws relating to Canadian Pension Plans and Canadian Multi-Employer Plans, the PATRIOT Act and Canadian Anti-Money Laundering Laws) and all orders, writs, injunctions and decrees of any Governmental Authority applicable
to it or to its business or property, in each case, except to the extent that failure to comply therewith would not, individually or in the aggregate, have or reasonably be expected to have a Material Adverse Effect. 

Section 5.5. Maintenance of Property; Insurance. 

(a) (i) Except as would not have or reasonably be expected to have a Material Adverse Effect, keep all Property (including all
Intellectual Property) and systems necessary in its business in good working order and condition, ordinary wear and tear excepted and fire, casualty and condemnation excepted and (ii) maintain with insurance companies the Parent Borrower
believes to be financially sound and reputable insurance on all its Property in at least such amounts (after giving effect to any self-insurance or pooled insurance, in each case, reasonable and customary for similarly situated Persons engaged in
the same or similar businesses as the Parent Borrower and its Restricted Subsidiaries) and against at least such risks (but including in any event public liability, product liability and business interruption) as are usually insured against in the
same geographic regions by companies of similar size engaged in the same or a similar business. 
 (b) Within ninety (90) days
following the date hereof (subject to Section 5.14) and within thirty (30) days following any date on which a new Grantor (as defined in the US Guarantee and Collateral Agreement or the Canadian Guarantee and
Collateral Agreement, as applicable) is added to the US Guarantee and Collateral Agreement or the Canadian Guarantee and Collateral Agreement (or is to execute and deliver any other applicable Security Document) or the date the relevant policy is
obtained, cause the Agent to be named as additional insured on all general liability insurance policies (excluding, for the avoidance of doubt, directors and officers, worker’s compensation, health and benefit, and vehicle and similar liability
policies) of such Grantor, and the Agent shall be named as lenders’ loss payee on all property and casualty insurance policies of such Grantor with respect to Collateral. The Grantors shall use commercially reasonable efforts to cause all such
insurance (i) to provide that the relevant insurer shall endeavor to provide the Agent with at least thirty (30) days’ prior notice of the cancellation of the relevant policy of insurance ten (10) days in the case of cancellation
for non-payment) and (ii) if reasonably requested by the Agent, include a breach of warranty clause. 

  
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 Section 5.6. Inspection of Property; Books and Records; Discussions.
(a) Keep proper books of records and account in which full, true and correct in all material respects entries in conformity with GAAP and all material applicable Requirements of Law shall be made of all material dealings and transactions in
relation to its business activities and (b) permit representatives of any Lender, upon reasonable prior notice, to visit and inspect any of its properties and examine and, at the Borrowers’ expense, make abstracts from any of its books and
records at any reasonable time and as often as may reasonably be desired (subject to the immediately succeeding sentence) and to discuss the business, operations, properties and financial and other condition of Holdings and the Group Members with
officers and employees of Holdings and the Group Members and with their respective independent certified public accountants (subject to such accountants’ policies and procedures). Notwithstanding the foregoing, so long as no Event of Default
has occurred and is continuing, such visits, inspections and examinations shall only be conducted by the Agent and shall be limited to one (1) per Fiscal Year). The Agent and the Lenders shall give the Borrower Representative the opportunity to
participate in any discussions with the Borrower Representative’s independent public accountants. In no event shall the requirements set forth in Section 5.6 require Holdings, the Borrower Representative or any of its
Restricted Subsidiaries to provide Agent, Swingline Lender, any Issuing Bank or any other Lender any information which (i) constitutes non-financial trade secrets or
non-financial proprietary information of Holdings, the Borrower Representative or any of its Restricted Subsidiaries, (ii) in respect of which disclosure to the Agent or any Lender (or their respective
representatives) is prohibited by Requirements of Law or (iii) is subject to attorney-client or similar privilege or constitutes attorney work-product or confidentiality obligations. For the avoidance of doubt, this
Section 5.6 does not govern field examinations or inventory appraisals, which are governed by Section 5.2(d). 

Section 5.7. Notices. (a) Promptly after (or, (i) in the case of clause (c), or (e), within 30 days and (ii) in the
case of clause (f), within three (3) Business Days after) a Responsible Officer of the Parent Borrower acquires actual knowledge thereof, give notice to the Agent of: 

(b) the occurrence of any Event of Default (except to the extent the Agent shall have previously furnished Borrower Representative written
notice of such Event of Default); 
 (c) any litigation, investigation or legal proceeding which may exist at any time, that would have or
reasonably be expected to have a Material Adverse Effect; 
 (d) the following events if any such event would have or reasonably be expected
to have a Material Adverse Effect: (i) the occurrence of any Reportable Event with respect to any Single Employer Plan, the occurrence of any Canadian Pension Event with respect to any Canadian Defined Benefit Plan, a failure to make any
required contribution to a Single Employer Plan, Multiemployer Plan or Canadian Pension Plans that would reasonably be expected to result in a Lien in favor of the PBGC or Canadian Governmental Authority having authority similar to the PBGC, a
Single Employer Plan, Multiemployer Plan or Canadian Pension Plan, the creation of any Lien in favor of the PBGC or Canadian Governmental Authority having authority similar to the PBGC, a Single Employer Plan, Multiemployer Plan or Canadian Pension
Plan, any partial 

  
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or complete withdrawal from, or the termination or Insolvency of, any Multiemployer Plan or determination that any Multiemployer Plan is in “endangered” or
“critical” status (within the meaning of Section 432 of the Code or Section 305 of ERISA) or (ii) the institution of proceedings or the taking of any other action by the PBGC or Holdings or any Commonly Controlled
Entity or any Multiemployer Plan with respect to the withdrawal by any Loan Party or Commonly Controlled Entity from, or the termination or Insolvency of, any Multiemployer Plan or Single Employer Plan; 

(e) notice of the commencement of a Compliance Period or a circumstance that, with the giving of notice, would commence a Dominion Period;

 (f) any other development or event that has or would reasonably be expected to have a Material Adverse Effect; and 

(g) (i) the taking of any remedial action by any surety or (ii) the receipt by any Loan Party of any notice of such surety’s
intent to take any remedial action, in each case, with respect to any assets included as eligible in the Borrowing Base Certificate most recently delivered pursuant to Section 5.2(c). 

Each notice pursuant to this Section 5.7 shall be accompanied by a statement of a Responsible Officer of the Parent
Borrower setting forth details of the occurrence referred to therein and stating what action (if any) the Parent Borrower or the relevant Group Member proposes to take with respect thereto. 

Section 5.8. Environmental Laws. 

(a) Comply in all respects with all applicable Environmental Laws, and obtain, maintain and comply with, any and all Environmental Permits,
except to the extent the failure to so comply with Environmental Laws or obtain, maintain or comply with Environmental Permits would not have or reasonably be expected to have a Material Adverse Effect. 

(b) Conduct and complete all investigations, studies, sampling and testing, and all remedial, removal and other corrective actions required
pursuant to Environmental Laws and promptly comply in all respects with all lawful orders and directives of all Governmental Authorities regarding any violation of or non-compliance with Environmental Laws and
any Release or threatened Release of Hazardous Materials, except, in each case, to the extent the failure to do so would not have or reasonably be expected to have a Material Adverse Effect. 

Section 5.9. Additional Collateral, Etc.. 

(a) Subject to Section 5.9(d), with respect to any personal Property (other than an Excluded Asset) acquired or
created (including by the filing of any applications for the registration or issuance of any Intellectual Property) after the Closing Date by any existing Loan Party, no later than the later of (i) the next date of delivery of a Compliance
Certificate pursuant to Section 5.2(a) covering a period that includes the date of such acquisition or creation of such Property or (ii) forty-five (45) days after such acquisition or creation, (x) execute
and deliver to the Agent such amendments to the Security Documents (including schedules thereto) or such other documents as are necessary to grant to the Agent, for the benefit of the applicable Secured

  
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Parties, a security interest in such Property and (y) take all necessary actions (as determined by the Borrower Representative in good faith) to grant to the Agent, for the benefit of the
applicable Secured Parties, a security interest (subject to Permitted Liens) in such Property to the extent required under the applicable Security Documents (including schedules thereto), including the filing of UCC and PPSA financing statements in
such jurisdictions as may be required by the applicable Security Documents. 
 (b) [Reserved]. 

(c) With respect to (i) any new Restricted Subsidiary that would constitute a Subsidiary Guarantor (within the meaning of that term) that
is created or acquired after the Closing Date (other than an Excluded Subsidiary) or (ii) any previously Excluded Subsidiary that ceases to constitute an Excluded Subsidiary (pursuant to the definition of such term) (including any Immaterial
Subsidiary that ceases to constitute an Immaterial Subsidiary or that has been designated by the Borrower Representative to no longer constitute an Immaterial Subsidiary in order to comply with the proviso to the definition thereof) (each such
Person, a “Subsequent Required Guarantor”), in each case no later than the later of (A) the next date of delivery of a Compliance Certificate pursuant to Section 5.2(a) covering a period that includes
the date of such acquisition, creation or reclassification of such Restricted Subsidiary or (B) forty-five (45) days after such acquisition, creation or reclassification (w) execute deliver to the Agent such amendments to the
applicable Security Documents (including schedules thereto) as the Agent reasonably deems necessary to grant to the Agent, for the benefit of the applicable Secured Parties, a perfected security interest (subject to Permitted Liens) in the Capital
Stock of such Subsequent Required Guarantor (other than to the extent constituting Excluded Assets), (x) subject to the ABL Intercreditor Agreement or any other applicable Intercreditor Agreement, deliver to the Agent (1) the certificates, if
any, representing such Capital Stock of such Subsequent Required Guarantor constituting certificated securities under the UCC or the PPSA, as applicable, together with undated stock powers, in blank, to the extent necessary to perfect the
Agent’s security interests therein and (2) any note, instrument or debt security in favor of such Subsequent Required Guarantor, endorsed in blank or accompanied by an executed transfer form in blank, in each case executed and delivered by
a duly authorized officer of such Subsequent Required Guarantor, in each case to the extent required by the applicable Security Documents (in each case to the extent delivery of such endorsements or transfer forms are customary under applicable
Requirements of Law), (y) cause such Subsequent Required Guarantor (1) to become a party to the applicable Security Documents and (2) to take such actions necessary to grant to the Agent, for the benefit of the applicable Secured Parties,
a perfected Lien on and security interest in (subject to Permitted Liens) the Collateral described in the applicable Security Documents with respect to such Subsequent Required Guarantor, including the recording of instruments in the applicable IP
Office, if required, and the filing of UCC and PPSA financing statements in such jurisdictions as may be required by the applicable Security Documents and (z) if reasonably requested by the Agent, deliver to the Agent customary legal opinions
relating to the matters described above. 
 (d) Notwithstanding the foregoing provisions of this Section 5.9 or any other
provision hereof or of any other Loan Document, (i) no Loan Party shall be required to pledge, grant or perfect a security interest in, or mortgage on, obtain title insurance, surveys, abstracts or appraisals or take other actions with respect
to Excluded Assets (or take any other actions which 

  
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are expressly not required pursuant to the definition thereof), (ii) except as set forth in clause (iii) below, no Loan Party shall be required to perfect any pledges, security interests and
mortgages in the Collateral by any means other than (A)(1) filings pursuant to the UCC or the PPSA in the office of the Secretary of State (or similar central filing office) of the relevant jurisdiction (or such multiple combination thereof as may
be required to achieve perfection) and (2) filings in the applicable IP Offices with respect to Intellectual Property as expressly required in the Security Documents and (B) subject to the ABL Intercreditor Agreement and any other
applicable Intercreditor Agreement entered into pursuant to this Agreement, delivery to the Agent of all certificates evidencing Capital Stock of Restricted Subsidiaries required to be delivered in order to perfect the Agent’s security interest
therein, intercompany notes and other instruments (including the Subordinated Intercompany Notes) to be held in its possession, in each case, as expressly required in the Security Documents, and (iii) no Loan Party shall be required to take any
action that is not required by, or is inconsistent with, the Collateral and Guarantee Requirement. 
 Section 5.10. Use of
Proceeds. Use the proceeds of the Loans and the Letters of Credit only for the purposes specified in Section 3.14 and shall not use such proceeds in any manner that would cause the representations and warranties in
Section 3.19 to be untrue. 
 Section 5.11. Further Assurances. Promptly upon reasonable written
request by the Agent (i) correct any mutually identified material defect or error that may be discovered in the execution, acknowledgment, filing or recordation of any Security Document or other document or instrument relating to any Collateral
and (ii) do, execute, acknowledge, and deliver, record, re-record, file, re-file, register and re-register any and all such further acts, deeds, certificates,
assurances and other instruments as the Agent may reasonably request from time to time in order to carry out more effectively the purposes of the Security Documents, to the extent required pursuant to the Collateral and Guarantee Requirement and
subject in all respects to the limitations therein. 
 Section 5.12. Inventory. With respect to the Inventory of each Loan
Party, each Loan Party will maintain correct and accurate (in all material respects) records of the kind, type and quantity of Inventory, the cost therefor and withdrawals therefrom and additions thereto. 

Section 5.13. Designation of Subsidiaries. 

(a) The Board of Directors of the Parent Borrower may at any time designate any Restricted Subsidiary (other than any Borrower) as an
Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary by written notice to the Agent; provided, that (i) immediately before and after such designation, no Event of Default shall have occurred and be
continuing, (ii) no Restricted Subsidiary may be designated as an Unrestricted Subsidiary if after such designation it would be a “restricted subsidiary” for the purpose of any other Material Debt and (iii) immediately
before and after such designation, the Payment Conditions shall be satisfied. 
 (b) The designation of any Subsidiary as an Unrestricted
Subsidiary shall constitute an Investment by the Parent Borrower therein at the date of designation in an amount equal to the fair market value of the Parent Borrower’s Investment therein as determined in good faith by the

  
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Borrower Representative and the Investment resulting from such designation must otherwise be in compliance with Section 6.7 (as determined at the time of such
designation). The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of any Indebtedness or Liens of such Subsidiary existing at such time and a return on any Investment
by the Parent Borrower in such Unrestricted Subsidiary; provided, that (i) solely for the purpose of calculating the outstanding amounts of Investments under Section 6.7 made in respect of any Unrestricted Subsidiary being
redesignated as a Restricted Subsidiary, upon such redesignation the Parent Borrower shall be deemed to continue to have an outstanding Investment in such Subsidiary in an amount (if positive) equal to (a) the Parent Borrower’s Investment
in such Subsidiary at the time of such redesignation less (b) the fair market value of the net assets of such Subsidiary at the time of such redesignation attributable to the Parent Borrower’s ownership of such Subsidiary and
(ii) solely for purposes of Section 5.9(c) and the Security Documents, any Unrestricted Subsidiary designated as a Restricted Subsidiary shall be deemed to have been acquired on the date of such designation. Any
property transferred to or from an Unrestricted Subsidiary shall be valued at its fair market value at the time of such transfer, in each case as determined in good faith by the Borrower Representative. 

Section 5.14. Post-Closing Matters. Execute and deliver the documents and complete the tasks set forth on Schedule 5.14 in
each case within the time limits specified therein (or such longer period of time reasonably acceptable to the Agent). 
 Section 5.15.
Lender Conference Call. Participate in a conference call (including a customary question and answer session) with the Agent and Lenders once during each Fiscal
QuarterYear
 (commencing with the last Fiscal Quarter of Fiscal Year
2018; provided, that notwithstanding anything to the contrary in this Section 5.12, no financial statements
shall be required to be furnished to the Agent pursuant to Section 5.1(b) or any other section of this Agreement in advance of the conference call for the last Fiscal Quarter of Fiscal Year 2018) or any other
Loan Document with respect to the conference call for
the last Fiscal Quarter of Fiscal Year 20182020)
to be held at such time as may be agreed to by the Parent Borrower and the Agent, but (x) except with respect to the conference call for the last Fiscal Quarter
of Fiscal Year 2018, in any event within fifteen (15) Business Days after the date that financial statements are required to be delivered for the relevant period pursuant to Section
5.1(a) or Section 5.1(b), as applicable and (y) with
respect to the conference call for the last Fiscal Quarter of Fiscal Year 2018, such call shall not be required to be held earlier than the 75th day
after the last day of such Fiscal Quarter; provided, with respect to the financial statements required to be delivered to the Agent pursuant to Section 5.1(a) for any Fiscal Year, the conference call
with the Agent and Lenders may, at the Parent Borrower’s option, be deferred and held in conjunction with the conference call to be held with respect to the financial statements required to be delivered to the Agent pursuant to
Section 5.1(b) with respect to the first Fiscal Quarter of the immediately succeeding Fiscal
Year.. 

Section 5.16. Canadian Pension Plans. In the case of any Canadian Subsidiaries (to the extent any Canadian Pension Plans exist):

 (a) Ensure that, for each Canadian Pension Plan and Canadian Multi-Employer Plan, each Canadian Subsidiary complies, in a timely fashion,
with and perform in all material respects all of its obligations under and in respect of such Canadian Pension Plan and Canadian Multi- Employer Plan, including under any funding agreements and all applicable Requirements of Law (including any
fiduciary, funding, investment and administration obligations); 

  
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 (b) Ensure that all employer or employee payments, contributions required to be remitted,
paid to or in respect of each Canadian Pension Plan or Canadian Multi-Employer Plan are paid or remitted by the Canadian Subsidiaries in a timely fashion in accordance with the terms thereof, any funding agreements, the terms of any applicable
collective bargaining agreement, and all Requirements of Law; 
 (c) Deliver to the Agent (A) if reasonably requested by the Agent,
copies of each annual and other return, report or valuation with respect to each Canadian Pension Plan as filed with any applicable Governmental Authority; and (B) notification within thirty days of the establishment of any Canadian Pension
Plan, or the commencement of contributions to any such plan to which such Canadian Subsidiary was not previously contributing, including, for greater certainty, in the event of the acquisition of any Person if such Person sponsors, administers, or
participates in, or has any liability or obligation in respect of, a Canadian Pension Plan; and 
 (d) Ensure that no Loan Party (without
the prior written consent of the Agent) sponsors, administers, or participates in, or has any liability or obligation in respect of, a Canadian Defined Benefit Plan. 

SECTION VI 
 NEGATIVE
COVENANTS 
 Holdings (solely with respect to Section 6.14), the Parent Borrower and each other Borrower
hereby jointly and severally agrees that until the Obligations have been paid in full and all Revolving Credit Commitments have been terminated, Holdings, the Parent Borrower and each other Borrower shall not and shall not permit any of the
Restricted Subsidiaries to: 
 Section 6.1. Financial Covenant. During each Compliance Period, the Parent Borrower shall not
permit (i) the Consolidated Fixed Charge Coverage Ratio for the last Test Period ended prior to the beginning of such Compliance Period for which financial statements have been delivered or were required to be delivered to the Agent pursuant to
Section 5.1(a) or Section 5.1(b) to be less than 1.00:1.00 as of the last day of such Test Period or (i) the Consolidated Fixed Charge Coverage Ratio for any Test Period ending thereafter
until termination of such Compliance Period to be less than 1.00:1.00 as of the last day of such Test Period. 
 Section 6.2.
Limitation on Indebtedness. Directly or indirectly, create, incur, assume, guaranty or suffer to exist any Indebtedness or otherwise become or remain directly or indirectly liable with respect to any Indebtedness, except: 

(a) Indebtedness pursuant to any Loan Document (including Indebtedness under any Incremental Facility and Extended Revolving Credit
Commitments); 
 (b) intercompany Indebtedness permitted pursuant to Section 6.7; 

  
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 (c) Indebtedness consisting of (A) (i) Capital Lease Obligations or (ii) purchase
money obligations (including obligations in respect of mortgage, industrial revenue bond, industrial development bond and similar financings) to finance or Refinance (within 270 days of the acquisition or replacement or completion of construction,
installation, repair or improvement of such fixed or capital assets, as applicable) the acquisition, replacement, construction, installation, repair or improvement of fixed or capital assets within the limitations set forth in
Section 6.3(g) or (B) any Refinancing Indebtedness in respect thereof; provided, however, that the aggregate amount of all such Indebtedness at any one time outstanding shall not exceed the greater of (x) $40 million and
(y) 40% of Trailing Four Quarter Consolidated EBITDA; 
 (d) Indebtedness outstanding on the Closing Date and listed on Schedule
6.2(d); provided, that any such Indebtedness owed by any Loan Party to a Subsidiary that is not a Loan Party shall be evidenced by the Subordinated Intercompany Note (or, to the extent customary under applicable Requirements of Law, such
other customary note or debt instrument) and subordinated to the Obligations on the terms set forth therein; 
 (e) Guarantee Obligations,
letters of credit, indemnities (including through cash collateralization), surety bonds, performance bonds and similar obligations (i) made in the ordinary course of business by any Group Member of obligations (other than in respect of
Indebtedness for borrowed money) of (v) Holdings, (w) any Borrower, (x) any Restricted Subsidiaries, (y) any special purpose entities in connection with any construction or development projects relating to the business of the Group
Members or (z) any joint venture of any Group Member, (ii) of any Group Member in respect of Indebtedness otherwise permitted to be incurred by any such Group Member, as the case may be, under this Section 6.2
(other than Section 6.2(d)) and (iii) of any Group Member in respect of Indebtedness of any Unrestricted Subsidiary or joint venture; provided, that (A) in the case of clause (ii), (x) if the Indebtedness
being guaranteed is subordinated to the Obligations such guarantee shall be subordinated to the Obligations on terms at least as favorable to the Lenders as those contained in the subordination provisions of such Indebtedness and (y) no
Guarantee Obligation, letter of credit, indemnity (including through cash collateralization), surety bond, performance bond or similar obligation by any Restricted Subsidiary in respect of any Indebtedness of any Loan Party shall be permitted
pursuant to such clause unless such Restricted Subsidiary is or shall become a Subsidiary Guarantor, (B) in the case of clauses (ii) and (iii), any such Guarantee Obligation, letter of credit, indemnity (including through cash
collateralization), surety bond, performance bond or similar obligation of a Loan Party in respect of Indebtedness of a Subsidiary or other Person that is not a Loan Party or of a US Loan Party in respect of a Canadian Loan Party shall be a
permitted Investment in such Person pursuant to Section 6.7 and (C) in the case of clause (i)(v) and (i)(z) above, the aggregate principal or face amount of all obligations at any one time outstanding shall not exceed
the greater of (x) $10 million and (y) 10% of Trailing Four Quarter Consolidated EBITDA; 
 (f) Unsecured Indebtedness in an aggregate
amount not to exceed (i) Excluded Contributions minus (ii) Permitted Excluded Contribution Utilizations (other than as described in clause (i) thereof); 

(g) Indebtedness of any Group Member or of any Person that becomes a Restricted Subsidiary, in each case to the extent incurred in connection
with a Permitted Acquisition or 

  
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other Investment permitted under Section 6.7 so long as (i) the aggregate principal amount of such Indebtedness does not exceed (A) the greater of (x)
$20 million and (y) 20% of Trailing Four Quarter Consolidated EBITDA plus (B) any additional amount that such Person would be permitted to incur pursuant to Section 4.09 of the First Lien Indenture (as in
effect on the Third Amendment Effective Date and regardless of whether then in effect); 
 (h) Indebtedness of any Group Member or of any
Person that is or becomes a Restricted Subsidiary, in each case to the extent acquired or assumed in connection with a Permitted Acquisition or other Investment permitted under Section 6.7 so long as (i) such
Indebtedness existed at the time of such Permitted Acquisition or other Investment permitted under Section 6.7, (ii) such Indebtedness was not incurred in contemplation of such Permitted Acquisition or other acquisition
permitted under Section 6.7, (iii) the aggregate principal amount of such Indebtedness does not exceed (A) the greater of (x) $40 million and (y) 40% of Trailing Four Quarter Consolidated EBITDA plus
(B) any additional amount that such Person would be permitted to incur pursuant to Section 4.09 of the First Lien Indenture (as in effect on the Third Amendment Effective Date and regardless of whether then in effect);

 (i) Indebtedness consisting of promissory notes issued by any Loan Party or other Restricted Subsidiary to current or former officers,
directors, managers, advisors, service providers, consultants and employees, or their respective estates, executors, administrators, heirs, legatees, distributees, spouses or former spouses, to finance the purchase or redemption of Capital Stock of
Holdings (or any direct or indirect parent thereof) to the extent permitted by Section 6.6(b); 
 (j) to the
extent constituting Indebtedness, Cash Management Obligations and other Indebtedness in respect of Cash Management Services in the ordinary course of business and Indebtedness arising from the endorsement of instruments or other payment items for
deposit and the honoring by a bank or other financial institution of instruments or other payments items drawn against insufficient funds; 

(k) to the extent constituting Indebtedness, indemnification, deferred purchase price adjustments, earn-outs, obligations in respect of
transaction tax benefits or similar obligations, in each case, incurred or assumed in connection with the Transactions, the acquisition or Disposition of any business or assets or any Investment permitted to be acquired or made hereunder; 

(l) Indebtedness of a Non-Loan Party Subsidiary in an aggregate principal amount (for all Non-Loan Party Subsidiaries in the aggregate) not to exceed at any time the greatersum of (A) $15the greater of (x)
$25 million and (B) 20y) 25% of Trailing Four Quarter Consolidated EBITDA, plus (B) Indebtedness permitted to be incurred under the last proviso in Section 4.09(a) of the First Lien Indenture
as of the Fifth Amendment Effective Date (whether or not then in effect on the relevant date of determination); 

(m) (A) Indebtedness consisting of the financing of insurance premiums in the ordinary course of business and (B) take-or-pay obligations contained in supply arrangements, in each case, in the ordinary course of business; 

  
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 (n) Indebtedness in respect of Swap Contracts entered into not for speculative purposes in
the ordinary course of business; 
 (o) additional Indebtedness in an aggregate principal amount not to exceed at any time the greater of
(A) $3075 million and (B)
4075
% of Trailing Four Quarter Consolidated EBITDA; 
 (p) Permitted Ratio Debt and any
Permitted Refinancing thereof; 
 (q) Indebtedness representing deferred compensation or similar obligations to directors, officers or
employees of the Parent Borrower and its Subsidiaries incurred in the ordinary course of business; 
 (r) Indebtedness consisting of
obligations of the Group Members under deferred compensation or other similar arrangements with employees incurred by such Person in connection with Permitted Acquisitions or any other Investments permitted under Section 6.7 constituting
acquisitions of Persons or businesses or divisions; 
 (s) Indebtedness in respect of letters of credit, surety bonds, bank guarantees,
bankers’ acceptances or similar instruments issued or created in the ordinary course of business in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or
self-insurance, pooled insurance obligations, or other Indebtedness with respect to reimbursement-type obligations regarding workers compensation claims; provided, that upon the drawing of such letter of credit or the incurrence of such
Indebtedness, such obligations are reimbursed within 45 days (or such longer period as may be agreed upon by the Agent) unless the amount or validity of such obligations are being contested in good faith by appropriate proceedings and with respect
to which reserves in conformity with GAAP have been provided on the books of the Parent Borrower or its Restricted Subsidiaries, as the case may be; 

(t) Indebtedness in respect of self-insurance obligations, pooled insurance obligations, statutory obligations, trade contracts, governmental
contracts (other than for borrowed money), performance, tender, bid, release, stay, customs, appeal, surety, documentary letters of credit, performance and/or return of money bonds, completion guarantees, leases and similar obligations provided by
or obtained by any Group Member, in each case in the ordinary course of business, and Guarantee Obligations, letters of credit, indemnities (including through cash collateralization), surety bonds, performance bonds and similar instruments
supporting such obligations; 
 (u) [reserved]; 

(v) Refinancing Indebtedness in respect of Indebtedness permitted by Section 6.2(d), (f), (g),
(h), (l) and (o) (it being understood and agreed that to the extent that any Indebtedness incurred under Section 6.2(d), (f), (g), (h), (l) and (o) is Refinanced
with Refinancing Indebtedness under this clause (v), then the aggregate outstanding principal amount of such Refinancing Indebtedness shall also be deemed to utilize the related basket under the applicable clause of this
Section 6.2 on a US Dollar-for-US Dollar basis (it being further understood that a Default shall be deemed not to have occurred solely to the
extent that the incurrence of Refinancing Indebtedness would cause the permitted amount under such clause of this Section 6.2 to be exceeded and such excess shall be permitted hereunder)); 

  
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 (w) Indebtedness (i) incurred pursuant to the First Lien Indenture (as in effect on the
Third Amendment Effective Date), (ii) with respect to Refinancing Indebtedness (as defined in the First Lien Indenture as of the Third Amendment Effective Date and whether or not in effect on the relevant date of determination) and (iii) with
respect to “Additional Notes” (as defined in the First Lien Indenture as of Third Amendment Effective Date and whether or not in effect on the relevant date of determination), in each case (x) including Guarantee Obligations in
respect thereof and any Permitted Refinancing thereof and (y) so long as (A) such Indebtedness is subject to the ABL Intercreditor Agreement and (B) the aggregate principal amount of such Indebtedness does not exceed the sum of (x) $600,000,000725 million and (y) the principal amount permitted to be incurred
as “Ratio Debt” under Section 4.09 of the First Lien Indenture (as in effect on the Third Amendment Effective Date and whether or not in effect on the relevant date of determination); 

(x) Indebtedness supported by a Letter of Credit, in a principal amount not in excess of the stated amount of such Letter of Credit; 

(y) to the extent a joint venture constitutes a Restricted Subsidiary, Indebtedness incurred by such joint venture which, when aggregated with
the principal amount of all other Indebtedness incurred pursuant to this Section 6.2(y) and then outstanding for all such Persons taken together, does not exceed the greater of (x) $10 million and (y) 10% of Trailing
Four Quarter Consolidated EBITDA; 
 (z) if the Payment Conditions are satisfied at the time of incurrence of such Indebtedness, unsecured, non-amortizing long term Indebtedness with a maturity date at least 91 days later than the Latest Maturity Date at the time such Indebtedness is incurred; 

(aa) Indebtedness arising in connection with any Sale and Leaseback Transaction permitted under Section 6.10; 

(bb) to the extent constituting Indebtedness, all premiums (if any), interest (including post-petition interest), fees, expenses, charges and
additional or contingent interest on obligations described in Section 6.2(a) through (aa) above; 
 (cc)
Indebtedness with respect to documentary, commercial or trade letters of credit in an aggregate amount not to exceed the greater of (x) $10 million and (y) 10% of Trailing Four Quarter Consolidated EBITDA at any time outstanding; 

(dd) Indebtedness in respect of Disqualified Capital Stock issued to and held by Holdings, the Parent Borrower, or any Restricted Subsidiary
in an amount not to exceed the greater of (x) $10 million and (y) 10% of Trailing Four Quarter Consolidated EBITDA at any time outstanding. 

provided, however, that all Indebtedness permitted by this Section 6.2 which is permitted to be
secured pursuant to Section 6.3 and is secured by the Collateral shall be subject to the following: (x) in the case of the Indebtedness described in Section 6.2(w)(i), all such

  
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Indebtedness incurred on the Third Amendment Effective Date shall constitute “First Lien Obligations” under (and as defined in) the ABL Intercreditor Agreement and the First Lien
Notes Collateral Agent acting on behalf of the Holders of such Indebtedness shall have become party to the ABL Intercreditor Agreement on the Third Amendment Effective Date or other applicable Intercreditor Agreement entered into after the Third
Amendment Effective Date; (y) in the case of such Indebtedness incurred after the Closing Date pursuant to Section 6.2(a), (g), (p) or after the Third Amendment Effective Date pursuant to (w)(ii)
or (w)(iii), all such Indebtedness that is secured shall either constitute “First Lien Obligations” or shall be designated by the Borrower Representative as “Other First Lien Obligations” or “Other
Second Lien Obligations” (each as defined in the ABL Intercreditor Agreement) (or the comparable terms under any other applicable Intercreditor Agreement), as applicable and (z) a representative acting on behalf of the holders of such
Indebtedness shall have become party to or otherwise subject to the provisions of the ABL Intercreditor Agreement or another Intercreditor Agreement entered into pursuant to Section 8.21 of the ABL Intercreditor Agreement or other applicable
Intercreditor Agreement entered into after the Closing Date. 
 To the extent otherwise constituting Indebtedness, the accrual of interest,
the accretion of accreted value and the payment of interest in the form of additional Indebtedness shall be deemed not to be Indebtedness for purposes of this Section 6.2. The principal amount of any
non-interest bearing Indebtedness or other discount security constituting Indebtedness at any date shall be the accreted amount thereof. 

Section 6.3. Limitation on Liens. Create, incur, assume or suffer to exist any Lien upon any of its Property, whether now owned or
hereafter acquired, except for: 
 (a) Liens for taxes, assessments or governmental charges or levies, or other statutory obligations that
are not (i) overdue for a period of more than any applicable grace period related thereto or (ii) that are being contested in good faith by appropriate proceedings (provided, that adequate reserves with respect to such proceedings
are maintained on the books of the Parent Borrower or the applicable Restricted Subsidiary, as the case may be, in conformity with GAAP); 

(b) (i) carriers’, warehousemen’s, landlords’, mechanics’, contractors’, materialmen’s, repairmen’s or
other like Liens imposed by law or arising in the ordinary course of business which secure amounts that are not overdue for a period of more than 60 days or if more than 60 days overdue, are unfiled and no action has been taken to enforce such Lien,
or that are being contested in good faith by appropriate proceedings (provided, that adequate reserves with respect to such proceedings are maintained on the books of the Group Members in conformity with GAAP), (ii) Liens of customs and
revenue authorities to secure payment of customs duties in connection with the importation of goods in the ordinary course of business and (iii) Liens on specific items of inventory or other goods and proceeds thereof of any Person securing
such Person’s obligations in respect of bankers’ acceptances or letters of credit issued or created for the account of such Person to facilitate the purchase, shipment or storage of such inventory or such other goods in the ordinary course
of business; 
 (c) (i) pledges or deposits in the ordinary course of business in connection with workers’ compensation,
unemployment insurance and other social security legislation and (ii) 

  
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pledges and deposits in the ordinary course of business securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit, surety
bonds, performance bonds or bank guarantees for the benefit of) insurance carriers providing property, casualty or liability insurance to any Group Member; 

(d) Liens incurred in connection with, or deposits by or on behalf of any Group Member to secure, the performance of self-insurance
obligations (solely in the case of such self-insurance obligations, if and to the extent required by applicable Requirements of Law) or pooled insurance obligations, bids, trade contracts and governmental contracts (other than Indebtedness for
borrowed money), leases, statutory obligations, surety, stay, customs and appeal bonds, performance and/or return of money bonds, completion guarantees and other obligations of a like nature (including those to secure health and safety or
environmental obligations) incurred in the ordinary course of business; 
 (e) easements, rights-of-way, covenants, conditions and restrictions, trackage rights, restrictions (including zoning restrictions or similar rights reserved to or vested in any Governmental Authority to control or regulate
the use of any real property), encroachments, protrusions and other similar encumbrances and title defects incurred in the ordinary course of business that, in the aggregate, do not materially detract from the value of the Property subject thereto
or materially interfere with the ordinary conduct of the business of the Group Members taken as a whole; provided, that none of the foregoing secures Indebtedness for borrowed money; 

(f) Liens (i) in existence on the Closing Date and either (x) such Liens (A) secure amounts of less than $1 million
individually and $5 million in the aggregate or (B) are listed on Schedule 6.3(f), (y) such Liens are disclosed on any title insurance policy insuring the Lien of any mortgage or any real property under the First Lien Indenture or
(z) such Liens would be disclosed by an updated title report for any real property and (ii) any replacement, renewal or extension of any such Lien permitted under subclause (i) of this clause (f); provided, that (I) such
replaced, renewed or extended Lien does not extend to any additional property other than (A) after-acquired property that is affixed or incorporated into the property covered by such Lien or financed by Indebtedness permitted under
Section 6.2(c) and (B) proceeds and products thereof and (II) the replacement, renewal or extension of the obligations secured or benefited by such Liens is permitted by Section 6.2; 

(g) Liens securing Indebtedness incurred pursuant to Section 6.2(c) (and related obligations, including Capital
Lease Obligations); provided, that (i) such Liens (other than Liens securing Indebtedness that is Permitted Refinancing of Indebtedness originally incurred under Section 6.2(c)) shall be created within 270 days of the
acquisition or replacement or completion of construction, installation, repair or improvement or refinancing of such fixed or capital assets, as applicable, (ii) such Liens do not at any time encumber any Property other than the Property
acquired, constructed, installed, repaired, improved or financed by such Indebtedness when such Indebtedness was originally incurred, and the proceeds and products of and accessions to such Property and (iii) the principal amount of
Indebtedness initially secured thereby is not more than 100% of the purchase price or cost of construction, installation, repair or improvement of such fixed or capital asset; provided, further, that, in each case, individual
financings of equipment and other assets provided by one lender or lessor may be cross collateralized to other outstanding financings of equipment and other assets provided by such lender or lessor; 

  
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 (h) Liens created pursuant to the Loan Documents (including Liens securing any Incremental
Facility or Extended Revolving Credit Commitments); 
 (i) any interest or title of a lessor,
sub-lessor, licensor or sub-licensor under leases, subleases, licenses or sublicenses entered into by the Parent Borrower or any of its Restricted Subsidiaries in the
ordinary course of business; 
 (j) Liens in connection with attachments or judgments or orders in circumstances not constituting an Event
of Default under Section 7.1(h); 
 (k) Liens existing on property at the time of its acquisition or existing on
the property of a Person that becomes a Restricted Subsidiary of the Parent Borrower after the date hereof (including any replacements, renewals or extensions thereof); provided, that (i) any Indebtedness secured thereby is permitted by
Section 6.2(h) or is Refinancing Indebtedness in respect thereof and (ii) such Liens cover solely the Property so acquired or the Property of the Person that became a Restricted Subsidiary and are not expanded to cover additional
Property (other than proceeds and products thereof and accessions thereto); 
 (l) Liens with respect to any Receivables Facility or any
Factoring Facility; 
 (m) Liens on insurance policies and the proceeds thereof securing insurance premium financing permitted hereunder;

 (n) Liens arising out of conditional sale, title retention, consignment, bailment or similar arrangements for the sale, warehousing or
processing of goods entered into by any Group Member in the ordinary course of business; 
 (o) (i) Liens of a collection bank arising
under Section 4-208 of the Uniform Commercial Code on the items in the course of collection, (ii) Liens attaching to commodity trading accounts or other commodities brokerage accounts incurred in the
ordinary course of business and not for speculative purposes and (iii) bankers’ Liens, rights of setoff and other similar Liens existing solely with respect to accounts and cash and Cash Equivalents on deposit in accounts maintained by any
Group Member (including any restriction on the use of such cash and Cash Equivalents or investment property), in each case under this clause (iii) granted in the ordinary course of business in favor of the banks or other financial or depositary
institution with which such accounts are maintained, securing amounts owing to such Person with respect to Cash Management Services (including operating account arrangements and those involving pooled accounts and netting arrangements);
provided, that, in the case of this clause (iii), unless such Liens arise by operation of applicable law, in no case shall any such Liens secure (either directly or indirectly) any Indebtedness for borrowed money; 

(p) licenses and sublicenses of Intellectual Property granted by any Group Member in the ordinary course of business; 

  
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 (q) UCC or PPSA financing statements or similar public filings that are filed as a
precautionary measure in connection with operating leases or the consignment or bailment of goods in the ordinary course of business; 
 (r)
Liens on property rented to, or leased by, any Group Member pursuant to a Sale and Leaseback Transaction; provided, that (i) such Sale and Leaseback Transaction is permitted by Section 6.10, (ii) such Liens do
not encumber any other property of Holdings or its Restricted Subsidiaries and the proceeds and products of and accessions to such property and (iii) such Liens secure only the Attributable Indebtedness incurred in connection with such Sale and
Leaseback Transaction; 
 (s) (i) Liens on the assets of Non-Loan Party Subsidiaries that
secure Indebtedness or other obligations of Non-Loan Party Subsidiaries permitted under this Agreement, (ii) Liens on the Capital Stock of Non-Loan Party
Subsidiaries or joint ventures, securing Indebtedness of such Non-Loan Party Subsidiaries or joint ventures permitted under Section 6.2 (and related obligations) and (iii) in the
case of any non-Wholly-Owned Restricted Subsidiary or any joint venture, any put and call arrangements or restrictions on disposition related to its Capital Stock set forth in its organizational documents or
any related joint venture or similar agreement; 
 (t) Liens consisting of contractual restrictions of the type described in the definition
of “Restricted Cash” (excluding clause (i) of the proviso thereto) so long as such contractual restrictions are not prohibited pursuant to Section 6.12; 

(u) good faith earnest money deposits, escrow agreements or similar arrangements made in connection with a Permitted Acquisition or any other
Investment (other than Investments under Section 6.7(q)) or letter of intent or purchase agreement permitted hereunder; 

(v) Liens not otherwise permitted by this Section 6.3 so long as the aggregate amount of obligations secured thereby
does not exceed the greater of (x)
$3075 million and (y)
3575
% of Trailing Four Quarter Consolidated EBITDA; provided that this clause (v) may not be used to permit Liens on the Collateral of the type included in any Borrowing Base that are pari
passu or senior to the Liens on such Collateral granted in favor of the Agent; 
 (w) Liens securing Refinancing Indebtedness
permitted by Section 6.2(v) (and related obligations) if such Liens are permitted to secure such Indebtedness in accordance with the definition of “Refinancing Indebtedness”; 

(x) Liens in favor of the Parent Borrower, any other Borrower or any Subsidiary Guarantor securing intercompany Indebtedness permitted
hereunder; 
 (y) Liens (i) on cash advances or deposits in favor of the seller of any property to be acquired in a Permitted
Acquisition or an Investment permitted pursuant to Section 6.7 to be applied against the purchase price for such Investment or (ii) consisting of an agreement to Dispose of any property in a Disposition permitted under
Section 6.5, in each case, solely to the extent such Investment or Disposition, as the case may be, would have been permitted on the date of the creation of such Lien; 

  
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 (z) (i) Liens deemed to exist in connection with Investments in repurchase agreements
under Section 6.7; provided, that such Liens do not extend to any assets other than those assets that are the subject of such repurchase agreement and (ii) reasonable customary initial deposits and margin
deposits and similar Liens attaching to brokerage accounts maintained in the ordinary course of business and not for speculative purposes; 

(aa) Liens that are customary contractual rights of setoff relating to purchase orders and other agreements entered into with customers or
suppliers of any Group Member in the ordinary course of business; 
 (bb) Liens securing obligations (other than obligations representing
Indebtedness for borrowed money) under operating leases, reciprocal easement or similar agreements entered into in the ordinary course of business of the Group Members; 

(cc) ground leases in respect of real property on which facilities owned or leased by any Group Member are located; 

(dd) Liens with respect to Indebtedness permitted under Section 6.2(g) or Section 6.2(p);
provided, that (i) any such Lien on the ABL Priority Collateral shall be junior to the Liens securing the Obligations and (ii) such Liens are subject to the ABL Intercreditor Agreement or other applicable Intercreditor Agreement;

 (ee) Liens securing obligations in respect of documentary, commercial or trade letters of credit permitted under
Section 6.2 and incurred in the ordinary course of business of the Group Members and covering the goods (or the documents of title in respect of such goods) financed by such letters of credit and the proceeds and products
thereof; 
 (ff) Liens securing Indebtedness permitted under Section 6.2(w); provided, that (i) any such Lien on the
ABL Priority Collateral shall be junior to the Liens securing the Obligations and (ii) such Liens are subject to the ABL Intercreditor Agreement or other applicable Intercreditor Agreement; and 

(gg) Liens securing obligations under Specified Swap Contracts. 

Section 6.4. Limitation on Fundamental Changes. Consummate any merger, consolidation or amalgamation, or liquidate, wind up or
dissolve itself, or Dispose of all or substantially all of its Property or business, except that: 
 (a) (x) any merger, consolidation
or amalgamation or other transaction the sole purpose of which is to (i) reincorporate or reorganize the Parent Borrower or reorganize any other Domestic Subsidiary in any state of the United States, (2) reincorporate, amalgamate or
reorganize any Canadian Subsidiary in any province or territory of Canada, or (ii) change the form of entity shall be permitted and (y) any Group Member may be merged, consolidated or amalgamated with or into any other Group Member;
provided, that, in each case of clauses (x) and (y), (A) in the case of any merger, consolidation or amalgamation involving the Parent Borrower, the Parent Borrower shall be the continuing, surviving or resulting entity, and (B) in
the case of any merger, consolidation or amalgamation involving one or more other Loan Parties (and not the Parent Borrower), a Loan Party shall be the continuing, surviving or resulting entity or substantially simultaneously with such transaction,
the continuing, surviving or resulting entity shall become a Loan Party and shall comply with Section 5.9 in connection therewith; 

  
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 (b) any Restricted Subsidiary of the Parent Borrower may Dispose of all or substantially all
of its Property or business, including by way of a merger, amalgamation, dissolution, liquidation, winding up or consolidation, (i) to the Parent Borrower, any other Borrower or any Subsidiary Guarantor or (ii) pursuant to a Disposition
permitted by Section 6.5; provided that no such Disposition may occur from a US Loan Party to a Canadian Loan Party; 

(c) any Non-Loan Party Subsidiary may Dispose of all or substantially all of its assets to any other Non-Loan Party Subsidiary; 
 (d) the Transactions and any merger, consolidation or amalgamation that is
contemplated by, and occurs substantially simultaneously with, the Transactions shall be permitted; 
 (e) any Investment permitted by
Section 6.7 may be structured as a merger, consolidation or amalgamation; provided, that in the case of any such merger, consolidation or amalgamation of a Loan Party, the surviving, continuing or resulting legal entity of such
merger, consolidation or amalgamation is a Loan Party (other than Holdings) (or substantially simultaneously with such transaction, the continuing, surviving or resulting entity shall become a Loan Party (other than Holdings)) and shall comply with
Section 5.9 in connection therewith; 
 (f) (i) any Restricted Subsidiary of the Parent Borrower (other than any Excluded
Subsidiary) may dissolve, liquidate or wind up its affairs at any time if the Borrower Representative determines in good faith that such dissolution, liquidation or winding up is in the best interest of the Group Members, and not materially
disadvantageous to the Lenders (as determined in good faith by the Parent Borrower); provided, that in the case of any dissolution, liquidation or winding up of a Restricted Subsidiary that is a Subsidiary Guarantor or an Additional Borrower,
such Subsidiary shall at or before the time of such dissolution, liquidation or winding up transfer its assets to the Parent Borrower, any other Borrower or any Subsidiary Guarantor unless such Disposition of assets is permitted by
Section 6.5 and (ii) any Excluded Subsidiary of the Parent Borrower may dissolve, liquidate or wind up its affairs at any time if such dissolution, liquidation or winding up would not have or reasonably be expected to
have a Material Adverse Effect (as determined in good faith by the Parent Borrower); 
 (g) so long as no Event of Default exists or would
immediately result therefrom, the Parent Borrower may merge, amalgamate or consolidate with any other Person; provided, that (A) the Parent Borrower shall be the continuing or surviving Person or (B) if the Person formed by or
surviving any such merger, amalgamation or consolidation is not the Parent Borrower or is a Person into which the Parent Borrower has been liquidated (any such Person, the “Successor Parent Borrower”), (A) the Successor Parent
Borrower shall be an entity organized or existing under the laws of the United States, (B) the Successor Parent Borrower shall expressly assume all the obligations of the Parent Borrower under this Agreement and the other Loan Documents to
which the Parent Borrower is a party pursuant to a supplement hereto or thereto including the reaffirmation of any guarantees and (C) the Parent Borrower shall have delivered to the Agent an officer’s certificate and, if requested by the
Agent, an opinion of counsel, each stating that such 

  
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merger, amalgamation or consolidation and such supplement to this Agreement or any Loan Document comply with this Agreement; provided, further, that if the foregoing are satisfied,
the Successor Parent Borrower will succeed to, and be substituted for, the Parent Borrower under this Agreement; 
 (h) so long as no Event
of Default exists or would immediately result therefrom, a Canadian Borrower may merge, amalgamate or consolidate with any other Person; provided, that (A) such Canadian Borrower or another Canadian Borrower shall be the continuing or
surviving Person or (B) if the Person formed by or surviving any such merger, amalgamation or consolidation is not such Canadian Borrower or is a Person into which such Canadian Borrower has been liquidated (any such Person, the
“Successor Canadian Borrower”), (A) the Successor Canadian Borrower shall be an entity organized or existing under the laws of Canada or a province or territory thereof, (B) the Successor Canadian Borrower shall expressly
assume all the obligations of such Canadian Borrower under this Agreement and the other Loan Documents to which such Canadian Borrower is a party pursuant to a supplement hereto or thereto including the reaffirmation of any guarantees and
(C) such Canadian Borrower shall have delivered to the Agent an officer’s certificate and, if requested by the Agent, an opinion of counsel, each stating that such merger, amalgamation or consolidation and such supplement to this Agreement
or any Loan Document comply with this Agreement; provided, further, that if the foregoing are satisfied, the Successor Canadian Borrower will succeed to, and be substituted for, such Canadian Borrower under this Agreement; 

(i) a merger, amalgamation, dissolution, liquidation, consolidation or Disposition, the purpose of which is to effect a Disposition permitted
pursuant to Section 6.5; and 
 (j) the Parent Borrower and the Restricted Subsidiaries may consummate any
Permitted Reorganization or IPO Reorganization Transaction; provided, that after giving effect to such Permitted Reorganization or IPO Reorganization Transaction the security interest of the Lender in the Collateral, taken as a whole, shall
not be materially impaired. 
 Any transaction otherwise permitted by this Section 6.4 that results in any Loan Party (other
than the Parent Borrower) becoming a Non-Loan Party Subsidiary or an Excluded Subsidiary (pursuant to clause (d) of the definition of such term after giving effect to such transaction) shall be deemed an
Investment in a Non-Loan Party Subsidiary for purposes of (and subject to) Section 6.7 in an amount equal to the fair market value (as reasonably determined in good faith by the Parent Borrower) of
such Loan Party prior to giving effect to such transaction. Anything to the contrary notwithstanding, a division of or by the Parent Borrower as a limited liability company or an allocation of the Parent Borrower’s assets to a series of a
limited liability company shall not be permitted. 
 Section 6.5. Limitation on Disposition of Property. Dispose of any of its
Property (including receivables and leasehold interests), whether now owned or hereafter acquired, or, in the case of any Restricted Subsidiary, issue or sell any shares of such Restricted Subsidiary’s Capital Stock to any Person, except: 

(a) Dispositions of obsolete, damaged, worn out, aged, used or surplus property, whether now owned or hereafter acquired in the ordinary
course of business, and Dispositions of property no longer used or useful in the conduct of the business of the Parent Borrower or any of its Restricted Subsidiaries, in each case determined by the Parent Borrower in good faith; 

  
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 (b) the sale of inventory and other assets (other than accounts receivable) held for sale in
the ordinary course of business; 
 (c) Dispositions permitted by Section 6.4 (other than
Section 6.4(b)(ii)); 
 (d) (i) the sale or issuance of any Restricted Subsidiary’s Capital Stock to any Loan Party or
the sale or issuance of any Excluded Subsidiary’s Capital Stock to another Restricted Subsidiary; provided, that the Guarantors’ collective ownership interest therein is not diluted; and (ii) the sale or issuance of any Capital
Stock of, or any Indebtedness or other securities of, any Unrestricted Subsidiary; 
 (e) Dispositions of Receivables Assets pursuant to
factoring agreements or other similar agreements or arrangements including in connection with a Receivables Facility or a Factoring Facility, in each case so long as the consideration for any such Disposition is in the form of cash or subordinated
interests in the Receivables Assets being sold; 
 (f) the Disposition of cash or Cash Equivalents or investment grade securities; 

(g) (i) the non-exclusive license or sub-license of
Intellectual Property in the ordinary course of business and (ii) the lapse or abandonment in the ordinary course of business of any registrations or applications for registration of any Intellectual Property; 

(h) the lease, sublease, license or sublicense of property as described in Section 6.3(i); 

(i) the Disposition of surplus or other property no longer used or useful in the business of the Group Members in the ordinary course of
business; 
 (j) the Disposition of other assets (including the issuance or sale of any shares of a Restricted Subsidiary’s Capital
Stock) from and after the Closing Date, so long as (i) with respect to any Disposition pursuant to this clause (j) for a purchase price in excess of $5 million, (A) at least 75.0% of the consideration therefor is in the form of
cash or Cash Equivalents or exchanged for other assets of comparable or greater market value or usefulness to the business of the Group Members, taken as a whole and (B) such Disposition is made at fair value (as determined in good faith by the
Parent Borrower) and (ii) no Event of Default shall have occurred and be continuing at the time of such Disposition; provided, that (A) any liabilities (as shown on the Parent Borrower’s or such Restricted Subsidiary’s
most recent balance sheet provided hereunder or in the footnotes thereto) of the Parent Borrower or such Restricted Subsidiary, other than liabilities that are by their terms subordinated in right of payment to the payment in cash of the
Obligations (other than contingent indemnification and reimbursement obligations as to which no claim has been asserted by the Person entitled thereto), that are assumed by the transferee with respect to the applicable Disposition and, in the case
of liabilities that constitute Indebtedness, for which the Parent Borrower and all of the Restricted Subsidiaries shall have been validly released by all applicable creditors in writing, (B)any securities received by the Parent Borrower or such
Restricted Subsidiary from such transferee that are converted by such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days 

  
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following the closing of the applicable Disposition and (C) any Designated Non-Cash Consideration received in respect of such Disposition having an
aggregate fair market value (as determined in good faith by the Parent Borrower) that, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (C) that has not
been converted into cash, does not exceed the greater of (A)
$515 million and (B)
1015
% of Trailing Four Quarter Consolidated EBITDA, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and
without giving effect to subsequent changes in value, shall be deemed for purposes of clause (j)(i) to be cash; 
 (k) the
Disposition of assets subject to or in connection with any Recovery Event; 
 (l) Dispositions consisting of Restricted Payments permitted
by Section 6.6; 
 (m) Dispositions consisting of Investments permitted by Section 6.7;

 (n) Dispositions consisting of Liens permitted by Section 6.3; 

(o) Dispositions of assets pursuant to Sale and Leaseback Transactions permitted by Section 6.10; 

(p) Dispositions of property to any Group Member; provided, that if the transferor of such property is a Loan Party and such
Disposition is not for fair value (as reasonably determined by the Parent Borrower) (i) the transferee thereof must be the Parent Borrower, any other Borrower or a Subsidiary Guarantor (or must become a Subsidiary Guarantor substantially
simultaneously with such Disposition) or (ii) to the extent constituting an Investment, such Disposition must be a permitted Investment in a Non-Loan Party Subsidiary or in a Canadian Loan Party in
accordance with Section 6.7; 
 (q) Dispositions of Investments in joint ventures or similar entities to the
extent required by, or made pursuant to customary buy/sell arrangements between, the joint venture parties set forth in joint venture arrangements and similar binding arrangements; 

(r) Dispositions of accounts receivable in connection with the collection or compromise thereof in the ordinary course of business (and not
for financing purposes); 
 (s) the partial or total unwinding of any Swap Contract or any Cash Management Services; 

(t) in order to resolve disputes that occur in the ordinary course of business, the Group Members may discount or otherwise compromise for
less than the face value thereof, notes or accounts receivable; 
 (u) any Dispositions constituting any part of a Permitted Reorganization
or IPO Reorganization Transaction; 

  
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 (v) any Group Member may sell or dispose of shares of Capital Stock of any of its
Subsidiaries in order to qualify members of the governing body of the Subsidiary if and to the extent required by applicable law; 
 (w)
Dispositions of property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property, (ii) the proceeds of such Disposition are promptly applied to the purchase price of such
replacement property; provided, that to the extent the property being transferred constitutes Collateral, such replacement property shall constitute Collateral or (iii) such property is exchanged for like property (without regard to any
boot thereon) for use in a similar business, to the extent allowable under Section 1031 of the Code; 
 (x) Dispositions not otherwise
permitted by this Section 6.5 so long as the aggregate fair market value (as determined by the Parent Borrower in good faith at the time of the relevant Disposition) of the assets disposed in any single transaction does not exceed the greater of (x) $510 million and (y) 10% of Trailing Four Quarter Consolidated EBITDA; 
 (y) foreclosure or any
similar action with respect to any property; 
 (z) any disposition of Capital Stock of a Restricted Subsidiary pursuant to an agreement or
other obligation with or to a Person (other than the Parent Borrower or a Restricted Subsidiary) from whom such Restricted Subsidiary was acquired, or from whom such Restricted Subsidiary acquired its business and assets (having been newly formed in
connection with such acquisition), made as part of such acquisition and in each case comprising all or a portion of the consideration in respect of such sale or acquisition; 

(aa) any lending or other disposition of samples, including time-limited evaluation software, provided to customers or prospective customers;
and (bb) any surrender or waiver of contractual rights or the settlement, release, surrender or waiver of contractual, tort, litigation or other claims of any kind; 

(bb) Dispositions (i) of non-core assets acquired in connection with Permitted Acquisitions or
other permitted Investments or (ii) made to obtain the approval of an anti-trust authority; 
 (cc) Dispositions of assets not
constituting Collateral in an aggregate amount not to exceed the greater of (x) $525 million and (y) 525% of Trailing Four Quarter Consolidated EBITDA per annum; 
 (dd) Dispositions of Non-ABL Priority Collateral (as defined in the ABL Intercreditor Agreement) not otherwise permitted by this Section 6.5 to the extent the net proceeds thereof are applied to the First Lien Obligations (or
reinvested pursuant to the definitive documentation governing any such First Lien Obligations); 
 (ee) Dispositions described on
Schedule 6.5; and 
 (ff) cancellation of Indebtedness owing to the Parent Borrower or any Restricted Subsidiary from members of
management of the Parent Borrower, any of the Parent Borrower’s 

  
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direct or indirect parent companies or any of the Parent Borrower’s Restricted Subsidiaries in connection with a repurchase or redemption of Capital Stock of any of the Parent
Borrower’s direct or indirect parent companies. 
 Any Disposition of Capital Stock of any Loan Party from one Group Member to another
Group Member otherwise permitted by this Section 6.5 that results in any Subsidiary Guarantor becoming a Non-Loan Party Subsidiary or an Excluded Subsidiary (pursuant to clause
(a) of the definition of such term after giving effect to such Disposition) shall be deemed an Investment in a Non-Loan Party Subsidiary for purposes of (and subject to) Section 6.7 in an
amount equal to the fair market value (as reasonably determined in good faith by the Parent Borrower) of such Subsidiary Guarantor prior to giving effect to such Disposition. 

Section 6.6. Limitation on Restricted Payments. Declare or pay any Restricted Payment, except that: 

(a) any Restricted Subsidiary may make Restricted Payments to the Parent Borrower, any other Borrower and any Subsidiary Guarantor, and any
Excluded Subsidiary may make Restricted Payments to any other Excluded Subsidiary; 
 (b) the Parent Borrower may purchase the Capital Stock
of Holdings (or any direct or indirect parent thereof) owned by future, present or former officers, directors, employees or consultants (or any spouses, former spouses, successors, executors, administrators, heirs, legatees or distributees of any of
the foregoing) of any Group Member or make payments to employees of any Group Member upon termination of employment in connection with the exercise of stock options, stock appreciation rights or similar equity incentives or equity-based incentives
pursuant to management incentive plans or other similar agreements or in connection with the death or disability of such employees, in an aggregate amount not to exceed the greater of (x) $24 million and (y) 20% of Trailing Four Quarter
Consolidated EBITDA in any calendar year (which shall increase to the greater of $30 million and 25% of Trailing Four Quarter Consolidated EBITDA subsequent to the consummation of a Qualified IPO) (with unused amounts in any calendar year being
carried over to succeeding calendar years subject to a maximum (without giving effect to the following proviso) of the greater of $40,000,000 and 45.00% of Trailing Four Quarter Consolidated EBITDA in any calendar year (which shall increase to the
greater of $45 million and 50% of Trailing Four Quarter Consolidated EBITDA subsequent to the consummation of a Qualified IPO) (provided, that such amounts set forth in this clause (b) may be increased by an amount equal to the cash
proceeds of key man life insurance policies received by the Group Members after the Closing Date); provided, that the cancellation of Indebtedness owed to the Parent Borrower or any Restricted Subsidiary by any future, present or former
member of management, director, employee or consultant of Holdings or Restricted Subsidiaries, and borrowed to finance such person’s non-cash purchase of the Capital Stock of Holdings, which cancellation
serves as consideration for the repurchase from any such person of such Capital Stock, will not be deemed to constitute a Restricted Payment for purposes of this Section 6.6 or any other provision of this Agreement; 

(c) Restricted Payments made to holders of Capital Stock with respect to a Permitted Reorganization or an IPO Reorganization Transaction; 

  
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 (d) solely with respect to periods prior to the Closing Date during which the Parent
Borrower was a pass-through entity for U.S. tax purposes, distributions to Holdings to allow Holdings to make customary tax distributions to its direct and indirect owners with respect to such historical periods, in an amount that would have been
permitted under the Existing Credit Agreements; 
 (e) any Subsidiary that is not a Wholly-Owned Subsidiary of the Parent Borrower may
declare and pay cash dividends or distributions to its equity-holders generally so long as the Parent Borrower or its respective Restricted Subsidiary that owns the Capital Stock in the Restricted Subsidiary paying such dividends or distributions
receives at least its proportionate share thereof (based upon the relative holding of the Capital Stock in the Restricted Subsidiary paying such dividends or distributions); 

(f) any Wholly-Owned Subsidiary of the Parent Borrower that is not a Guarantor may declare and pay cash dividends and make other Restricted
Payments to the Parent Borrower or any Restricted Subsidiary of the Parent Borrower that owns the Capital Stock in such Wholly-Owned Subsidiary of the Parent Borrower that is not a Guarantor; 

(g) Restricted Payments in an aggregate amount not to exceed (i) Excluded Contributions minus (ii) Permitted Excluded Contribution
Utilizations (other than as described in clause (iii) thereof); 
 (h) to the extent constituting Restricted Payments, the Group
Members may enter into and consummate transactions permitted by Section 6.4, 6.5 (other than 6.5(l)), 6.7 (other than 6.7(o)) or 6.9 (other than 6.9(a)); 

(i) repurchases of Capital Stock in any Group Member deemed to occur upon exercise of stock options or warrants or similar rights if such
Capital Stock represents a portion of the exercise price of such options or warrants or similar rights shall be permitted (as long as the Group Members make no payment in connection therewith that is not otherwise permitted hereunder); 

(j) any Group Member may pay cash in lieu of fractional Capital Stock in connection with any dividend, distribution, split or combination
thereof; 
 (k) after a Qualified IPO, the Parent Borrower may (i) make Restricted Payments to Holdings or any other direct or indirect
parent of the Parent Borrower to pay reasonable and customary listing fees, insurance premiums and other costs and expenses attributable to being a publicly traded company and (ii) make additional Restricted Payments in an amount not to exceed
6.00% per annum of the net proceeds from the issuance of Capital Stock received by or contributed to the Parent Borrower from a Qualified IPO; 

(l) any dividend or distribution may be paid within 60 days after the date of declaration thereof, if at the date of declaration (i) such
payment would have complied with the provisions of this Agreement and (ii) no Event of Default had occurred and was continuing; 
 (m)
repurchases of Capital Stock of Holdings (or any direct or indirect parent thereof) or any Restricted Subsidiary of Holdings deemed to occur upon the exercise of stock options or warrants if such Capital Stock represents a portion of the exercise
price of such options or warrants; 

  
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 (n) so long as the Payment Conditions are satisfied, the Parent Borrower and its
Subsidiaries may make unlimited Restricted Payments; 
 (o) other Restricted Payments in an aggregate amount not to exceed the greater of
(x) $25 million and (y) 30% of Trailing Four Quarter Consolidated EBITDA, minus the amount of Specified Prepayments made pursuant to Section 6.8(vii); 

(p) to the extent constituting Restricted Payments, payments made in order to effectuate the Transactions on or around the Closing Date; 

(q) the Parent Borrower may make Restricted Payments to any direct or indirect parent of the Parent Borrower: 

(i) to pay its operating costs and expenses incurred in the ordinary course of business and other corporate overhead costs and
expenses (including administrative, legal, accounting and similar expenses provided by third parties) incurred in the ordinary course of business, Transaction Costs, and any indemnification claims made by directors or officers of such direct or
indirect parent of the Parent Borrower; 
 (ii) the proceeds of which shall be used to pay (or make Restricted Payments to
allow any direct or indirect parent thereof to pay) franchise Taxes and other fees, taxes and expenses required to maintain its (or any of its direct or indirect parents’) corporate existence; 

(iii) for any taxable period in which the Parent Borrower and/or any of its Subsidiaries is a member of a consolidated,
combined or similar income tax group of which a direct or indirect parent of the Parent Borrower is the common parent (a “Tax Group”), to pay federal, foreign, state and local income or similar Taxes of such Tax Group that are
attributable to the taxable income of the Parent Borrower and/or its Subsidiaries; provided that, for each taxable period, the amount of such payments made in respect of such taxable period in the aggregate shall not exceed the amount
that the Parent Borrower and its Subsidiaries would have been required to pay as a stand-alone consolidated, combined or similar income tax group, reduced by any payments made or to be made directly by the Parent Borrower or its Subsidiaries with
respect to such Taxes; provided, further, that the permitted payment pursuant to this clause (iii) with respect to any Taxes of any Unrestricted Subsidiary for any taxable period shall be limited to the amount actually paid
with respect to such period by such Unrestricted Subsidiary to the Borrower or its Restricted Subsidiaries for the purposes of paying such consolidated, combined or similar income Taxes; 

(iv) to finance any Investment that would be permitted to be made pursuant to Sections 6.7 and 6.9 if such parent
were subject to such Sections; provided that (A) such Restricted Payment shall be made substantially concurrently with the closing of such Investment, (B) such parent shall, immediately following the closing thereof, cause
(1) all property acquired (whether assets or Capital Stock) to be contributed to the Parent 

  
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Borrower or the Restricted Subsidiaries (which may be required to be Loan Parties) or (2) the merger (to the extent permitted in Section 6.4) of the Person formed or acquired
into the Parent Borrower or its Restricted Subsidiaries in order to consummate such Permitted Acquisition or Investment, in each case, in accordance with the requirements of Section 5.11 (and, for the avoidance of doubt, such investment
shall not constitute an Excluded Contribution) and (C) such contribution shall constitute an Investment by the Parent Borrower or the applicable Restricted Subsidiaries, as the case may be, at the date of such contribution or merger, as
applicable, in an amount equal to the amount of such Restricted Payment; 
 (v) the proceeds of which (A) shall be used
to pay customary salary, bonus, severance and other benefits payable to officers and employees of Holdings or any direct or indirect parent company of Holdings or (B) shall be used to make payments permitted under Section 6.9
(assuming the Parent Borrower or a Restricted Subsidiary were to make the payment but only to the extent such payments have not been and are not expected to be made by the Parent Borrower or a Restricted Subsidiary); and 

(vi) the proceeds of which shall be used by Holdings to pay (or to make Restricted Payments to allow any direct or indirect
parent thereof to pay) fees and expenses (other than to Affiliates) related to any unsuccessful equity or debt offering by Holdings (or any direct or indirect parent thereof); and 

(r) Restricted Payments made (i) on the Closing Date to consummate the Transactions, (ii) in respect of working capital adjustments
or purchase price adjustments pursuant to the Purchase Agreement, the Acquisition Agreement (as defined in the Fifth
Amendment), any Permitted Acquisition or other permitted Investments, (iii) in order to satisfy indemnity and other similar obligations under the Purchase Agreement, the Acquisition Agreement (as defined in the Fifth Amendment), any
Permitted Acquisition or other permitted Investments and
(iv), (3) on or about the Third Amendment
Effective Date to effectuate the “Transactions” as such term is defined in the First Lien Indenture on the Third Amendment Effective Date
and (4) on or about the Fifth Amendment Effective Date to effectuate the Acquisition (as defined in the
Acquisition Agreement (as defined in the Fifth Amendment)) and the other transactions contemplated to occur on or about such date. 

For the avoidance of doubt, any dividend or distribution otherwise permitted pursuant to this Section 6.6 may be in the form of a
loan or advance; provided, that any Indebtedness of the Parent Borrower or any Restricted Subsidiary must be otherwise permitted by Section 6.2(b). 

Any basket available for Restricted Payments pursuant to Section 6.6(k)(ii) or (o) may instead be used to either
(i) make a prepayment, redemption, purchase, defeasement or other payment in respect of any Junior Debt pursuant to Section 6.8, and such prepayment, redemption, purchase, defeasement or other payment shall not be prohibited by
Section 6.8 and any such prepayment, redemption, purchase, defeasement or other payment shall reduce the amount available under such basket set forth in this Section 6.6 or (ii) make an Investment not otherwise permitted
by Section 6.7 and such Investment shall not be prohibited by Section 6.7 and any such Investment shall reduce the amount available under such basket set forth in this Section 6.6. 

  
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 Section 6.7. Limitation on Investments. Make any Investment, except: 

(a) extensions of trade credit or the holding of receivables in the ordinary course of business and Investments received in satisfaction or
partial satisfaction thereof from financially troubled account debtors and other credits to suppliers in the ordinary course of business; 

(b) Investments in cash and Cash Equivalents or investment grade securities and deposit accounts, securities accounts and commodities accounts
related thereto; 
 (c) Investments existing (or committed to be made) on the Closing Date and identified on Schedule 6.7(c) and any
modification, replacement, renewal, reinvestment or extension thereof (provided, that the amount of the original Investment (or the committed amount) is not increased except by the terms of such original Investment or commitment or as
otherwise permitted by this Section 6.7); 
 (d) loans and advances to employees, officers, directors, managers, advisers,
service providers and consultants of any Group Member (or any direct or indirect parent thereof), (i) for reasonable and customary, salary, commission, business-related travel, entertainment, relocation and analogous ordinary business purposes,
(ii) in connection with such Person’s purchase of Capital Stock of Holdings (or any direct or indirect parent thereof); provided, that, the amount of such loans and advances made in cash and used to acquire such Capital Stock shall
be contributed to the Parent Borrower in cash, (iii) relating to indemnification or reimbursement of any officers, directors or employees in respect of liabilities relating to their serving in such capacity or as otherwise specified in
Section 6.9 and (iv) for any other purpose not described in clauses (i), (ii) or (iii); provided, that the aggregate amount outstanding under clauses (ii) and (iv) shall not exceed the greater of (x) $10 million and (y)
10% of Trailing Four Quarter Consolidated EBITDA; 
 (e) Investments made (i) on the Closing Date to consummate the Transactions,
(ii) in respect of working capital adjustments or purchase price adjustments pursuant to the Purchase Agreement, any Permitted Acquisition or other permitted Investments, and (iii) in order to satisfy indemnity and other similar
obligations under the Purchase Agreement, any Permitted Acquisition or other permitted Investments; 
 (f) Investments by the Group Members
constituting the purchase or other acquisition of all or substantially all of the property and assets or businesses of any Person or all or substantially all of the assets constituting a business unit, a line of business or division of such Person,
or at least 50.1% of the Capital Stock in a Person that, upon the
consummation thereof, will be, or will become part of, a Wholly-Owned Subsidiary of the Parent
Borrower (including as a result of a merger, amalgamation or consolidation) (each, a “Permitted Acquisition”); provided, that 

(i) the acquired Person, property, assets or divisions shall comply with the requirements of Section 6.13; 

  
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 (ii) all of the applicable provisions of Section 5.9 and the
Security Documents have been or will be complied with in respect of such Permitted Acquisition (other than to the extent any Subsidiary purchased or acquired in such Permitted Acquisition is designated as an Unrestricted Subsidiary pursuant to
Section 5.13 or is otherwise an Excluded Subsidiary); 
 (iii) the aggregate amount of such Permitted
Acquisitions by Loan Parties in assets that are not (or do not become) directly owned by the Parent Borrower, any other Borrower or a Subsidiary Guarantor or in Capital Stock of Persons that do not become Loan Parties shall not exceed the greater of
(x) $2040 million and (y)
2040
% of Trailing Four Quarter Consolidated EBITDA; and 
 (iv) after giving pro
forma effect to such acquisition the Parent Borrower is in compliance with the Payment Conditions. 
 (g) Investments received in connection
with the workout, bankruptcy or reorganization of, insolvency or liquidation of, or settlement of claims against and delinquent accounts of and disputes with, franchisees, customers and suppliers, or as security for any such claims, accounts and
disputes, or upon the foreclosure with respect to any secured Investment; 
 (h) advances of payroll payments to employees, officers,
directors and managers of the Parent Borrower and its Restricted Subsidiaries in the ordinary course of business; 
 (i) Investments
consisting of transactions permitted by Section 6.5 (other than Section 6.5(m)); 
 (j) intercompany Investments
(including intercompany Indebtedness) by any Group Member that is (i) a Loan Party in the Parent Borrower, any other Borrower or a Subsidiary Guarantor (subject to the cap on Investments by a US Loan Party in any Canadian Loan Party contained
in the proviso in clause (j)(iii) below), (ii) a Non-Loan Party Subsidiary in any Group Member, (iii) a Loan Party in any Non-Loan Party Subsidiary
(provided, that the aggregate amount of Investments under this clause (j)(iii) together with Investments by a US Loan Party in any Canadian Loan Party do not exceed the greater of (x) $2040 million and (y)
2040
% of Trailing Four Quarter Consolidated EBITDA), (iv) an Excluded Subsidiary in another Excluded Subsidiary, and (v) a Loan Party in Holdings so long as such Investments constitute Junior Debt and if
structured as a Restricted Payment would be permitted under Section 6.6 and reduces any basket relied on for such purpose; 

(k) Investments consisting of promissory notes and other deferred payment obligations and noncash consideration delivered as the purchase
consideration for a Disposition permitted by Section 6.5; 
 (l) to the extent constituting any Investment, any Receivables
Facility or any Factoring Facility permitted hereunder; 

  
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 (m) Group Members may endorse negotiable instruments and other payment items for collection
or deposit in the ordinary course of business or make lease, utility and other similar deposits in the ordinary course of business; 

(n)Investments consisting of obligations under Swap Contracts permitted by Section 6.2; 

(o)Investments consisting of transactions permitted by Section 6.6 or Section 6.8; 

(p)Investments of any Person that becomes (or is merged or consolidated or amalgamated with) a Restricted Subsidiary of the Parent Borrower on
or after the date hereof on the date such Person becomes (or is merged or consolidated or amalgamated with) a Restricted Subsidiary of the Parent Borrower; provided, that (i) such Investments exist at the time such Person becomes (or is
merged or consolidated or amalgamated with) a Restricted Subsidiary and (ii) such Investments are not made in anticipation or contemplation of such Person becoming (or merging or consolidating or amalgamated with) a Restricted Subsidiary; 

(q) Investments consisting of deposits made in accordance with clauses (c), (d), (o), (u), (y), (z)(ii) or (ee) of Section 6.3;

 (r) other Investments in an aggregate amount not to exceed the greater of (x) $1540 million and (y)
1540
% of Trailing Four Quarter Consolidated EBITDA; 
 (s) other Investments so long as the
Payment Conditions are satisfied; 
 (t) deposits made in the ordinary course of business to secure the performance of leases or in
connection with bidding on government contracts; 
 (u) advances in connection with purchases or sales of goods or services in the ordinary
course of business; 
 (v) Guarantee Obligations, guarantees, letters of credit and similar obligations in respect of obligations not
constituting Indebtedness for borrowed money entered into in the ordinary course of business; 
 (w) Investments consisting of Liens
permitted under Section 6.3; 
 (x) Investments consisting of transactions permitted under Section 6.4, except for
Section 6.4(e); 
 (y) Investments to the extent that payment for such Investments is made solely with Qualified Capital Stock
of Holdings (or Capital Stock of any direct or indirect parent thereof); 
 (z) [reserved]; 

(aa) Investments made in connection with the Transactions, an IPO Reorganization Transaction or a Permitted Reorganization; 

  
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 (bb) [reserved]; 

(cc) Investments in an aggregate amount not to exceed (i) Excluded Contributions minus (ii) Permitted Excluded Contribution
Utilizations (other than as described in clause (iii) thereof); 
 (dd) the Parent Borrower and its Restricted Subsidiaries may acquire
Capital Stock in connection with the satisfaction or enforcement of Indebtedness or claims due or owing to the Parent Borrower or any of its Restricted Subsidiaries or as security for any such Indebtedness or claim; 

(ee) 
(i) Investments in respect of joint ventures, partnerships, or minority investments or similar agreements(other
than, in each case, Unrestricted Subsidiaries), in an amount under this sub-clause (i), in the aggregate not to exceed the greater of (x) $25 million and (y) 25% of Trailing Four Quarter Consolidated
EBITDA, and (ii) Investments in respect of Unrestricted Subsidiaries or in a Restricted Subsidiary to enable such Restricted Subsidiary to make such Investments in each case, consisting of the transfer to such joint venture of a going concern business or businesses (including, in each case, all related assets, including equipment,
inventory and working capital); provided, that all such businesses so transferred pursuant to this clause
(eeUnrestricted Subsidiaries, in an amount under this
sub-clause (ii), in the aggregate, have consolidated earnings
before interest, taxes, depreciation and amortization (determined in a manner equivalent to the determination of Consolidated EBITDA) for the Relevant Reference Period not to exceed the
greater of (x)
$1025
 million and (y)
1025
% of Trailing Four Quarter Consolidated EBITDA; 
 (ff) Investments in connection with
reorganizations and other activities related to tax planning and reorganization, so long as after giving effect thereto, the interest of the Secured Parties in the Collateral and the guarantees under the US Guarantee and Collateral Agreement or the
Canadian Guarantee and Collateral Agreement, taken as a whole, is not materially impaired; 
 (gg) Investments consisting of licensing or
contribution of Intellectual Property pursuant to joint marketing arrangements with other Persons on a non-exclusive basis; 

(hh) contributions to a “rabbi” trust for the benefit of employees or other grantor trust subject to claims of creditors in the case
of a bankruptcy of a Loan Party; and (ii) Investments entered into by an Unrestricted Subsidiary prior
to the date such Unrestricted Subsidiary is redesignated as a Restricted Subsidiary pursuant to Section 5.13; provided that such Investment was not entered into in contemplation of such Unrestricted Subsidiary becoming a
Restricted Subsidiary; 
 (ii)
[reserved];investments in
 any Person engaged in a Permitted Business (other than an Investment in an Unrestricted Subsidiary) not to exceed, in the aggregate, the greater of (x) $30 million and (y) 30% of Trailing Four Quarter Consolidated EBITDA; 
 (jj) Investments (other than Investments in an Unrestricted Subsidiary) made by a Restricted
Subsidiary that is not a Loan Party financed with operating cash flow of such Restricted Subsidiary; and 

  
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 (kk) Investments made in reliance on the last paragraph of Section 6.6 or the
last paragraph of Section 6.8; 
 provided, that for purposes of covenant compliance, determining compliance with any representation,
warranty, Default or Event of Default, the amount of any Investment at any time shall be the amount actually invested (measured at the time made), without adjustment for subsequent changes in the value of such Investment, net of all Returns on such
Investment up to the original amount of such Investment; provided, that any intercompany Investment permitted above that is in the form of a loan or advance owed to (A) a Loan Party shall be evidenced by an intercompany note
(individually or pursuant to a global note (which global note may be a Subordinated Intercompany Note)) and pledged by such Loan Party as Collateral pursuant to the Security Documents and (B) a Non-Loan
Party Subsidiary by a Loan Party shall be subordinated and subject to and in accordance with the terms of a Subordinated Intercompany Note or such other note in form and substance reasonably satisfactory to the Agent. 

To the extent an Investment is permitted to be made by a Loan Party directly in any Restricted Subsidiary or any other Person who is not a
Loan Party (each such person, a “Target Person”) under any provision of this Section 6.7, such Investment may be made by advance, contribution or distribution by a Loan Party to a Restricted Subsidiary or Holdings, and
further contemporaneously advanced or contributed to a Restricted Subsidiary for purposes of making the relevant Investment in the Target Person without constituting an Investment for purposes of Section 6.7 (it being understood that
such Investment must satisfy the requirements of, and shall count towards any thresholds in, a provision of this Section 6.7 as if made by the applicable Loan Party directly to the Target Person). 

Section 6.8. Limitation on Optional Payments of Junior Debt Instruments. Make any optional or voluntary payment, prepayment,
repurchase or redemption of, or otherwise voluntarily or optionally defease or otherwise voluntarily or optionally satisfy (a “Specified Prepayment”), (it being understood that payments of regularly scheduled principal, interest and
fees and mandatory prepayments, expense reimbursement and indemnification obligations, redemptions, AHYDO Payments and related offers to prepay or repurchase and, in connection with the amendment of any Junior Debt, the payment of fees (other than
in connection with any amendment that reduces or forgives the commitments or outstanding principal amount of such Junior Debt) shall be permitted), any Junior Debt other than (i) a Specified Prepayment with the net cash proceeds of Indebtedness
then permitted to be incurred pursuant to Section 6.2(p) or other Permitted Refinancing in respect of such Junior Debt (which Permitted Refinancing is permitted under Section 6.2), (ii) any Specified Prepayment so long as the
Payment Conditions are satisfied, (iii) the conversion or exchange of such Junior Debt to Qualified Capital Stock of Holdings or Capital Stock of any direct or indirect parent company of Holdings, (iv) any Specified Prepayment made within
nine months of the final maturity date of such Junior Debt, (v) any repayments, forgiveness or prepayments of any Indebtedness of the Parent Borrower or any Restricted Subsidiary to the Parent Borrower or any Restricted Subsidiary,
(vi) repayments, redemptions, purchases, defeasances and other payments in respect of Junior Debt made in reliance on the last paragraph of Section 6.6, (vii) other Specified Prepayments in an aggregate amount not to exceed the
greater of (A) $25 million and (B) 30% of Trailing Four Quarter Consolidated EBITDA, minus the amount of Restricted Payments made pursuant to Section 6.6(o); (viii) the Refinancing thereof with any Indebtedness (to the extent such
Indebtedness 

  
 186 

 
constitutes a Permitted Refinancing), (ix) prepayments of principal of and any required premium on loans or notes pursuant to the documentations for any Junior Debt (or any comparable provision
of a Permitted Refinancing thereof) in connection with the removal of a lender or holder pursuant to the documentation for such Junior Debt (or any comparable provision of a Permitted Refinancing thereof or the payment of any fees in connection with
amendments thereto), (x) [reserved], (xi) [reserved] and (xii) any payments, prepayments, repurchases or redemptions in an aggregate amount not to exceed (i) Excluded Contributions minus (ii) Permitted Excluded Contribution
Utilizations (other than as described in clause (iv) thereof). 
 Any basket available for prepayments, redemptions, purchases,
defeasements or other payments in respect of any Junior Debt pursuant to Section 6.8(vii) may instead be used make an Investment not otherwise permitted by Section 6.7 and such Investment shall not be prohibited by
Section 6.7 and any such Investment shall reduce the amount available under such basket set forth in Section 6.8(vii). 

Section 6.9. Limitation on Transactions with Affiliates. Enter into any transaction, including any purchase, sale, lease or
exchange of Property, the rendering of any service or the payment of any management, advisory or similar fees, with any Affiliate (other than the Parent Borrower, any Restricted Subsidiary or any Person that becomes a Restricted Subsidiary as a
result of such transaction) in excess of
$8the greater of (A)
$10 million and (B) 10% of Trailing Four Quarter
Consolidated EBITDA, unless such transaction is not prohibited by this Agreement and is on fair and reasonable terms no less favorable to the Parent Borrower and its Restricted Subsidiaries, taken
as a whole, than could be obtained in a comparable arm’s-length transaction with a Person that is not an Affiliate. Notwithstanding the foregoing, the Parent Borrower and its Restricted Subsidiaries may
enter into and consummate the transactions listed on Schedule 6.9(b) and in addition may: 
 (a) make Restricted Payments
permitted pursuant to Section 6.6; 
 (b) make Investments (i) in Unrestricted Subsidiaries permitted by
Section 6.7 and (ii) in any Person to the extent permitted by Section 6.7(a), (c), (d), (h), (v), (s), (y), (cc), (ee) or (ii) (provided, that any Investment in a
Person permitted under Section 6.7 shall be permitted under this Section 6.9(b) to the extent such Investment constitutes a transaction with an Affiliate solely because a Group Member owns any Capital Stock in, or controls
such Person); 
 (c) enter into employment and severance arrangements with officers, directors and employees of the Parent Borrower and its
Restricted Subsidiaries and, to the extent relating to services performed for the Parent Borrower and its Restricted Subsidiaries (as determined in good faith by the senior management of the relevant Person), pay director, officer and employee
compensation (including bonuses) and other benefits (including retirement, health, stock option and other benefit plans) and indemnification and expense reimbursement arrangements; provided, that any purchase of Capital Stock of Holdings in
connection with the foregoing shall be subject to Section 6.6; 
 (d) make customary payments to the Sponsor or another
Permitted Investor or any of their respective Affiliates for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities (including in connection with

  
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acquisitions or divestitures), which payments are approved by the majority of the members of the Board of Directors or a majority of the disinterested members of the Board of Directors of the
Parent Borrower in good faith; 
 (e) make payments to or receive payments from, and enter into and consummate transactions with, joint
ventures (to the extent any such joint venture is only an Affiliate as a result of Investments by the Parent Borrower and its Restricted Subsidiaries in such joint venture) in the ordinary course of business to the extent otherwise permitted
hereunder; 
 (f) pay reasonable out-of-pocket costs and
expenses relating to registration rights and indemnities provided to holders of Capital Stock of Holdings pursuant to any stockholders’ agreement or registration and participation rights agreement as in effect on the Closing Date or entered
into after the Closing Date in connection with any financing transaction, the net proceeds of which are contributed to the Parent Borrower; 

(g) enter into transactions between the Parent Borrower or any Restricted Subsidiary and any Person other than an Unrestricted Subsidiary
which would constitute a transaction with an Affiliate solely because a director of such Person is also a director of the Parent Borrower or any direct or indirect Subsidiary of the Parent Borrower; provided, however, that such
director abstains from voting as a director of the Parent Borrower or such direct or indirect parent, as the case may be, on any matter involving such other Person; 

(h) engage in the non-exclusive licensing of Intellectual Property in the ordinary course of business
to permit the commercial exploitation of Intellectual Property between or among Affiliates of the Parent Borrower; 
 (i) any transaction
between or among the Parent Borrower or any Restricted Subsidiary and any Person that is an Affiliate of the Parent Borrower or any Restricted Subsidiary solely because the Parent Borrower or a Restricted Subsidiary owns Capital Stock in or
otherwise controls such Person; 
 (j) payment to any Permitted Investor of all out of pocket expenses incurred by such Permitted Investor
in connection with its direct or indirect investment in the Parent Borrower and its Subsidiaries; 
 (k) (i) investments by Affiliates
in securities of Holdings or any of its Restricted Subsidiaries (and payment of reasonable out-of-pocket expenses incurred by such Affiliates in connection therewith) so
long as the investment is being offered by Holdings or such Restricted Subsidiary generally to other non-affiliated third party investors on the same or more favorable terms and (ii) payments to
Affiliates in respect of securities of Holdings or any of its Restricted Subsidiaries contemplated by the foregoing subclause (i) or that were acquired from Persons other than Holdings and its Restricted Subsidiaries, in each case, in
accordance with the terms of such securities; 
 (l) transactions entered into by an Unrestricted Subsidiary with an Affiliate prior to the
day such Unrestricted Subsidiary is redesignated as a Restricted Subsidiary as described in Section 5.13; provided that such transaction was not entered into in contemplation of such Unrestricted Subsidiary becoming a Restricted
Subsidiary; 

  
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 (m) enter into transactions with respect to which the Parent Borrower or any of its
Restricted Subsidiaries, as the case may be, obtains a letter from an independent financial advisory, investment banking or appraisal firm stating that such transaction is fair to the Parent Borrower or such Restricted Subsidiary from a financial
point of view or meets the requirements of the first sentence of this Section 6.9; 
 (n) transactions constituting any
Permitted Reorganization or IPO Reorganization Transaction; 
 (o) the Transactions and the payment of fees and expenses (including
Transaction Costs) as part of or in connection with the Transactions; 
 (p) the payment of customary fees and reasonable out of pocket
costs to, and indemnities provided on behalf of, directors, officers, employees and consultants of the Parent Borrower and its Restricted Subsidiaries (or any direct or indirect parent of the Parent Borrower) in the ordinary course of business to
the extent attributable to the ownership or operation of the Parent Borrower and its Restricted Subsidiaries; 
 (q) payments by the Parent
Borrower or any of its Subsidiaries pursuant to any tax sharing agreements with any direct or indirect parent of the Parent Borrower to the extent attributable to the ownership or operation of the Parent Borrower and its Subsidiaries, but only to
the extent permitted by Section 6.6; 
 (r) the issuance or transfer of Capital Stock (other than Disqualified Capital Stock) of
Holdings to any Permitted Investor or to any former, current or future manager, officer, director, consultant or employee (or any spouses, former spouses, successors, executors, administrators, heirs, legatees, distributes or Affiliate of any of the
foregoing) of the Parent Borrower, any of its Subsidiaries or any direct or indirect parent thereof; and 
 (s) (i) so long as no Event
of Default under Section 7.1(a) or Section 7.1(f) has occurred and is continuing, the payment of management, monitoring, oversight, consulting, advisory and similar fees pursuant to a Sponsor Management Agreement or other
arrangement with the Sponsor or management companies associated with the Sponsor or their advisors in a maximum amount for all such agreements and arrangements not to exceed 2.00% of Trailing Four Quarter Consolidated EBITDA of the Parent Borrower
in any fiscal year, provided that, upon the occurrence and during the continuance of an Event of Default under Section 7.1(a) and Section 7.1(f), such fees may accrue, but not be payable in cash during such period, but all
such accrued fees (plus accrued interest, if any, with respect thereto) may be payable in cash upon the cure or waiver of such Event of Default; and (ii) transaction fees to the foregoing Persons not to exceed in the aggregate 1.00% of the
applicable gross transaction value and indemnities and other expenses pursuant to a Sponsor Management Agreement or other arrangement with the foregoing Persons (including any transaction fee payable in connection with the Transactions), plus
any unpaid transaction fees, indemnities and expenses accrued in any prior year to the extent such fee or expense is otherwise permitted to be paid pursuant to this clause (s) in such prior year. 

  
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 Section 6.10. Limitation on Sales and Leasebacks. Enter into any arrangement
with any Person providing for the leasing by any Group Member of real or personal property which has been or is to be sold or transferred by any Group Member to such Person or to any other Person to whom funds have been or are to be advanced by such
Person on the security of such property or rental obligations of such Group Member (a “Sale and Leaseback Transaction”) to the extent the net cash proceeds of all such Sale and Leaseback Transactions from the Fifth Amendment Effective Date and during the term of this
Agreement are in excess $5 million ($15 million in the aggregate during the term of this Agreement with respect to any asset or property acquired
in connection with a Permitted Acquisition or other
permitted Investment)of the greater of (A) $25 million and (B) 25% Trailing Four Quarter
Consolidated EBITDA in the aggregate. 
 Section 6.11. Limitation on
Negative Pledge Clauses. Enter into or suffer to exist or become effective any agreement that prohibits or limits the ability of any Group Member to create, incur, assume or suffer to exist any Lien upon any of its Property or revenues, whether
now owned or hereafter acquired, to secure the Obligations other than (a) this Agreement (including any Permitted Amendment), the other Loan Documents, or any Guarantee Obligations in respect of any of the foregoing, (b) any agreements
governing any Indebtedness permitted by Section 6.2(c) and any other purchase money Indebtedness, Attributable Indebtedness or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only
be effective against the assets financed by or the subject of such Indebtedness and the proceeds and products thereof), (c) any agreements governing Indebtedness of any Excluded Subsidiary permitted by Section 6.2 (in which case, any
such prohibition or limitation shall only be effective against the assets of such Excluded Subsidiary and its Subsidiaries), (d) any agreements governing Indebtedness permitted by Section 6.2(h) (in which case any such prohibition shall
only be effective against the assets permitted to be subject to Liens permitted by Section 6.3(k) and the proceeds and products thereof), (e) customary provisions in joint venture agreements and similar agreements that restrict transfer
of assets of, or Capital Stock in, joint ventures, (f) licenses or sublicenses by any Group Member of Intellectual Property in the ordinary course of business (in which case any prohibition or limitation shall only be effective against the
Intellectual Property subject thereto), (g) customary provisions (including customary net worth provisions) (as reasonably determined by the Parent Borrower) in leases, subleases, licenses and sublicenses that restrict the transfer thereof or the
transfer of the assets subject thereto by the lessee, sublessee, licensee or sublicensee, (h) prohibitions and limitations arising by operation of law, (i) prohibitions and limitations that are binding on a Restricted Subsidiary at the
time such Restricted Subsidiary first becomes a Restricted Subsidiary, so long as such prohibitions and limitations were not created in contemplation of such Person becoming a Restricted Subsidiary and apply only to such Restricted Subsidiary,
(j) customary restrictions (as reasonably determined by the Parent Borrower) that arise in connection with any Disposition permitted by Section 6.4 or 6.5 applicable pending such Disposition solely to the assets subject to
such Disposition, (k) customary provisions (as reasonably determined by the Parent Borrower) contained in an agreement restricting assignment of such agreement entered into in the ordinary course of business, (l) customary restrictions (as
reasonably determined by the Parent Borrower) on cash or other deposits or net worth imposed by customers under contracts entered into in the ordinary course of business, (m) agreements existing and as in effect on the Closing Date and

  
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described in Schedule 6.11, (n) restrictions imposed by any agreement relating to Indebtedness permitted pursuant to clauses (d), (g), (j), (l), (m), (n), (o), (p), (u), (w), (y), (aa),
(ee), and (ff) of Section 6.2, (o) customary restrictions (as reasonably determined by the Parent Borrower) that arise in connection with any Lien permitted by clauses (b)(ii), (b)(iii), (c), (d), (f), (h), (j), (l), (m), (n), (o), (q),
(r), (s), (t), (u), (y), (z) or (ee) of Section 6.3 and relate to the property subject to such Lien, (p) negative pledges and restrictions on Liens in favor of any holder of Indebtedness permitted under Section 6.2 but
solely to the extent any negative pledge relates to (i) the property financed by such Indebtedness and the proceeds and products thereof or (ii) the property of the Parent Borrower and its Restricted Subsidiaries so long as the agreements
governing such Indebtedness permit the Liens securing the Obligations or (p) restrictions imposed by any agreement governing Indebtedness entered into after the Closing Date and permitted under Section 6.2 that are, taken as a
whole, in the good faith judgment of the Parent Borrower, no more restrictive with respect to the Parent Borrower or any Restricted Subsidiary than the then customary market terms for Indebtedness of such type, so long as the Parent Borrower shall
have determined in good faith that such restrictions would not, or would not reasonably be expected to, restrict or impair, in any material respect, the ability of the Parent Borrower and its Restricted Subsidiaries to make any payments required
under the Loan Documents. 
 Section 6.12. Limitation on Restrictions on Restricted Subsidiary Distributions. Enter into or
suffer to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary (other than a Subsidiary Guarantor) to make Restricted Payments in respect of any Capital Stock of such Restricted Subsidiary
held by any Loan Party or to Guarantee Obligations of any Loan Party except for such encumbrances or restrictions existing under or by reason of (i) this Agreement (including any Permitted Amendment) or the other Loan Documents, (ii) any
agreement that has been entered into in connection with the Disposition of all or substantially all of the Capital Stock or assets of a Restricted Subsidiary, solely with respect to such Restricted Subsidiary, (iii) customary net worth
provisions contained in real property leases, subleases, licenses or permits entered into by any Group Member so long as such net worth provisions would not reasonably be expected to impair the ability of the Loan Parties to comply with their
obligations under this Agreement or any of the other Loan Documents (as determined in good faith by the Borrower Representative), (iv) any restriction with respect to Excluded Subsidiaries in connection with Indebtedness permitted by
Section 6.2, (v) to the extent not otherwise permitted under this Section 6.12, agreements, restrictions and limitations described in clauses (a) through (p) of Section 6.11, to the extent set forth in such
clauses, (vi) restrictions with respect to the transfer of any asset contained in an agreement that has been entered into in connection with the disposition of such asset permitted hereunder and (vii) prohibitions and limitations arising
by operation of law, (viii) restrictions imposed by any agreement relating to Indebtedness permitted pursuant to clauses (d), (g), (h), (j), (l), (m), (n), (o), (p), (u), (w), (y), (aa), (ee), and (ff) of Section 6.2, and
(ix) restrictions imposed by any agreement governing Indebtedness entered into after the Closing Date and permitted under Section 6.2 that are, taken as a whole, in the good faith judgment of the Parent Borrower, no more restrictive
in any material respect with respect to the Borrowers or any Restricted Subsidiary than either (x) Section 6.6 of this Agreement or (y) the then customary market terms for Indebtedness of such type, so long as, in the case of
this clause (y) only, the Parent Borrower shall have determined in good faith that such restrictions would not, or would not reasonably be expected to, restrict or impair, in any material respect, the ability of the Parent Borrower and its
Restricted Subsidiaries to make any payments required under the Loan Documents. 

  
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 Section 6.13. Limitation on Lines of Business. Enter into any material line of
business, either directly or through any Restricted Subsidiary, except for those businesses in which any Group Member is engaged on the date of this Agreement or any business reasonably related, complementary, corollary, synergistic, incidental or
ancillary thereto or reasonable extensions thereof. 
 Section 6.14. Permitted Activities, Etc.. With respect to Holdings,
engage in any material operating or business activities; provided that Holdings may engage in the following and any activities incidental thereto shall be permitted in any event: (i) its ownership of the Capital Stock of the Parent Borrower and
activities incidental thereto, including payment of dividends and other amounts in respect of its Capital Stock, (ii) the maintenance of its legal existence (including the ability to incur fees, costs and expenses relating to such maintenance),
(iii) the performance of its obligations with respect to the Transactions, and the Loan Documents and any other documents governing Indebtedness permitted hereby, (iv) (A) any public offering of its common stock or any other issuance, sale,
repurchase or redemption of, and dividends or distributions on, of its Capital Stock (and compliance with applicable reporting and other obligations in connection therewith), (B) the filing of registration statements, and compliance with applicable
reporting and other obligations, under federal, state or other securities laws and (C) the retention of (and the entry into, and the exercise of rights and performance of obligations in respect of, contracts and agreements with) transfer
agents, private placement agents, underwriters, counsel, accountants and other advisors and consultants, (v) payment of dividends and making contributions to the capital of the Parent Borrower, (vi) the incurrence of (A) unsecured
Indebtedness that is contractually subordinated (on customary terms for such types of unsecured subordinated Indebtedness, as reasonably determined by the Agent) to the guarantee of the Obligations by Holdings, (B) guarantees in respect of
Indebtedness of the Parent Borrower and its Restricted Subsidiaries permitted under Section 6.2, including any Permitted Refinancing thereof and (C) guarantees of other obligations not constituting Indebtedness incurred by the
Parent Borrower or any of its Restricted Subsidiaries, (vii) if applicable, participating in tax, accounting and other administrative matters as a member of the consolidated group of Holdings and the Parent Borrower, (viii) holding any
cash or property (but not operate any property), (ix) making of any Restricted Payments or Investments not prohibited by this Agreement, (x) providing indemnification to officers and directors, (xi) merge, amalgamate or consolidate with or
into any direct or indirect parent of Holdings in connection with or in preparation for a Qualified IPO (provided that Holdings shall be the continuing or surviving company or such surviving company assumes Holdings’ obligations under the Loan
Documents), (xii) transactions in connection with a Permitted Reorganization or IPO Reorganization Transaction and (xiii) any activities incidental or reasonably related to the foregoing. Holdings shall not incur any Liens on Capital Stock of
the Parent Borrower other than non-consensual Liens and those for the benefit of the Obligations, the First Lien Obligations and the Additional Junior Lien Obligations (as defined in the ABL Intercreditor
Agreement). 
 Section 6.15. Modification of Certain Agreements. Amend, modify or change (a) any Organizational Document of
any Loan Party or (b) the terms of the definitive documentation of any Junior Debt constituting Material Debt (other than any such amendment, modification or 

  
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other change (w) that would extend the maturity or reduce the amount of any payment of principal thereof, reduce the rate or amount or extend the date for payment of interest thereon or
relax or eliminate any covenant, event of default or other provision applicable to the Parent Borrower or any of its Restricted Subsidiaries, (x) that is pursuant to a refinancing permitted by (i) Section 6.8(i) or
6.8(viii), (y) to the extent such amendment, modification or other change is effective, or is to provisions that become applicable, after the then Latest Maturity Date hereunder (as determined as of the time of such amendment, modification or
other change is made) or (z) if immediately after giving effect thereto such Junior Debt with such revised terms could be incurred pursuant to Section 6.2 (such determination to be made as if such Junior Debt was incurred at such
time and had not previously been incurred)), in each case, in any manner that is materially adverse to the interests of the Lenders taken as a whole, as reasonably determined in good faith by the Parent Borrower (unless approved by the Agent);
provided, that in the case of clause (a) above, any amendment, modification or change to the Organizational Documents of any Loan Party to effectuate a change in form of entity or organization or any other transaction permitted by
Section 6.5 shall be permitted, subject to the requirements under the US Guarantee and Collateral Agreement and the Canadian Guarantee and Collateral Agreement. 

Section 6.16. Changes in Fiscal Periods. Permit the Fiscal Year of any Loan Party to end on a day other than as set forth on
Schedule 1.1(b), without the prior written consent of the Agent (such consent (a) not be unreasonably withheld, delayed or conditioned and (b) shall not be required with respect to changing the Fiscal Year of any Person acquired in
connection with the Acquisition, a Permitted Acquisition or permitted Investment to match the Fiscal Year of the Parent Borrower), in each case other than if such change is required by GAAP. 

SECTION VII 
 EVENTS OF
DEFAULT 
 Section 7.1. Events of Default. If any of the following events shall occur and be continuing: 

(a) (i) the applicable Borrower shall fail to pay any principal of any Loan or Reimbursement Obligation when due in accordance with the
terms hereof; or (ii) the applicable Borrower shall fail to pay any interest on any Loan or any Reimbursement Obligation, or any Loan Party shall fail to pay any other amount payable hereunder or under any other Loan Document, within five
(5) Business Days after any such interest or other amount becomes due in accordance with the terms hereof or thereof; or 
 (b) any
representation or warranty made or deemed made by any Loan Party herein or in any other Loan Document or that is contained in any certificate, document or financial or other statement required to be furnished by such Loan Party at any time under
this Agreement or any such other Loan Document shall prove to have been inaccurate in any material respect on or as of the date made or deemed made or furnished (provided, that, in each case, such materiality qualifier shall not be applicable
with respect to any representation or warranty that is qualified or modified by materiality or Material Adverse Effect); or, and with respect to this clause (b), to the extent capable of being cured, such incorrect representation and warranty shall
remain incorrect in any material respect for a period of thirty (30) days after written notice thereof from the Agent 

  
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to the Borrower Representative, except that such thirty
(30) day grace period shall not apply to (i) the Specified Representations (as defined in the Fifth Amendment) made on the Fifth Amendment Effective Date, (ii) any representation or warranty contained in a Borrowing Base Certificate
and (iii) the representations set forth in Sections 3.22 and 3.23; or 

(c) any Loan Party shall (i) fail to timely deliver a Borrowing Base Certificate pursuant to Section 5.2(c) and such failure
shall continue unremedied for a period of five (5) days (or two (2) Business Days if the Borrowing Base Certificate is required to be delivered weekly pursuant to Section 5.2(c)) or (ii) default in the observance or
performance of any agreement contained in (A) Section 2.21(a), (B) clause (i) of Section 5.4(a) (with respect to the Parent Borrower only), (C) Section 5.7(a) (provided, that any Event of Default
arising solely from the failure to timely deliver a notice of Event of Default pursuant to Section 5.7(a) shall be deemed cured upon the delivery of the applicable notice of Event of Default or to the extent the Event of Default that is
subject of such notice is otherwise cured or waived), (D) Section 5.7(f) (provided, that upon the delivery of a Borrowing Base Certificate in accordance with Section 5.2(c) showing the assets subject to the claims of
the applicable surety as ineligible, the Event of Default resulting from the failure to deliver the notice required with respect to such assets under Section 5.7(f) shall be deemed cured for all purposes hereunder), (E)
Section 5.10 or (F) Section VI (in the case of (x) the Financial Covenant in Section 6.1, subject to
Section 7.2 and (y) Section 6.9, if such default shall continue unremedied for a period of
30 days to the extent the Agent is in receipt of a written notice from the Borrower of such breach);
or 
 (d) any Loan Party shall default in the observance or performance of
any covenant or other agreement contained in this Agreement or any other Loan Document (other than as provided in paragraphs (a) through (c) of this Section 7.1), and such default shall continue unremedied for a period of 30 days
following delivery of written notice thereof to the Borrower Representative by the Agent; or 
 (e) any Group Member shall (i) default
in making any payment of any principal of any Indebtedness (excluding the Loans and other Indebtedness under the Loan Documents, any obligations under any Factoring Facility permitted hereunder and, other than as provided in clause (l) hereof,
the First Lien Notes and other Indebtedness under the First Lien Notes Documents) on the scheduled or original due date with respect thereto beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness
was created; or (ii) default in making any payment of any interest on any such Indebtedness beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or (iii) default in the
observance or performance of any other agreement or condition relating to any such Indebtedness (other than, with respect to Indebtedness consisting of obligations in respect of Swap Contracts, termination events or equivalent events pursuant to the
terms of such Swap Contracts and not as a result of any default thereunder by any such Group Member) or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect
of which default or other event or condition is to cause, or to permit the holder or beneficiary of such Indebtedness (or a trustee or agent on behalf of such holder or beneficiary) to cause, with or without the giving of notice, the lapse of time
or both, such Indebtedness to become due prior to its stated maturity or to become subject to a mandatory offer to purchase by the obligor thereunder or (in the case of any such Indebtedness constituting a Guarantee Obligation) to

  
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become payable (provided, that this clause (iii) shall not apply to any secured Indebtedness that becomes due or subject to a mandatory offer to purchase as a result of the sale,
transfer or other Disposition of assets securing such Indebtedness, if such sale, transfer or other Disposition is permitted hereunder and under the documents providing for such Indebtedness (and, for the avoidance of doubt, the aggregate principal
amount of such Indebtedness shall not be included in determining whether an Event of Default has occurred under this paragraph (e))); provided, that a default, event or condition described in clause (i), (ii) or (iii) of this paragraph
(e) shall not at any time constitute an Event of Default unless, at such time, one or more defaults, events or conditions of the type described in clause (i), (ii) or (iii) of this paragraph (e) shall have occurred and be continuing
with respect to Indebtedness, the outstanding principal amount of which would in the aggregate constitute Material Debt; provided, further, that upon becoming an Event of Default, such Event of Default shall be deemed to have been
remedied and shall no longer be continuing if any such defaults, events or conditions are remedied or waived prior to any termination of the Revolving Credit Commitments or acceleration of the Loans pursuant to the below provisions of this
Section 7.1 by any of the holders or beneficiaries of such Indebtedness (or a trustee or agent on behalf of such holders or beneficiaries) and, after giving effect thereto, at such time, one or more defaults, events or conditions of the
type described in clause (i), (ii) or (iii) of this paragraph (e) shall no longer be continuing with respect to any amount of Indebtedness that would in the aggregate constitute Material Debt; or 

(f) (i) any Material Party shall commence any case, proceeding or other action (A) under any existing or future Debtor Relief Laws,
seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding up, liquidation, dissolution, composition or other relief with respect
to it or its debts or (B) seeking appointment of a receiver, interim receiver, trustee, monitor, custodian, conservator or other similar official for it or for all or any substantial part of its assets, or any Material Party shall make a
general assignment for the benefit of its creditors; or (ii) there shall be commenced against or with respect to any Material Party any case, proceeding or other action of a nature referred to in clause (i) above that (A) results in
the entry of an order for relief or for any such adjudication or appointment or (B) remains undismissed, undischarged or unbonded for a period of 60 days; or (iii) there shall be commenced against any Material Party any case, proceeding or
other action seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets that results in the entry of an order for any such relief that shall not have been vacated,
discharged, or stayed or bonded pending appeal within 60 days from the entry thereof; or (iv) any Material Party shall take any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any of the acts set forth
in clause (i), (ii) or (iii) above; or (v) the Parent Borrower or any of the other Borrowers shall generally not, or shall be unable to, or shall admit in writing its inability to, pay its debts as they become due; or 

(g) (A)(i) any Person shall engage in any non-exempt “prohibited transaction” (as defined in
Section 406 of ERISA or Section 4975 of the Code) involving any Plan that results in liability of the Parent Borrower or any Commonly Controlled Entity, (i) any Person shall fail to make by its due date a required installment under
Section 430(j) of the Code with respect to any Single Employer Plan or any failure by any Single Employer Plan to satisfy the minimum funding standards (within the meaning of Section 412 of the Code or Section 302 of ERISA) applicable
to such Plan, whether or not waived or any Lien in favor of the PBGC or a Plan shall 

  
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arise on the assets of Holdings or any Commonly Controlled Entity, (ii) a Reportable Event shall occur with respect to, or proceedings shall commence to have a trustee appointed, or a
trustee shall be appointed, to administer or to terminate, any Single Employer Plan, which Reportable Event or commencement of proceedings or appointment of a trustee is reasonably likely to result in the termination of such Plan for purposes of
Title IV of ERISA, (iii) any Single Employer Plan shall terminate for purposes of Title IV of ERISA and the present value of all accrued benefits, determined on a termination basis, exceeds the value of the assets of such Plan or
(iv) Holdings or any Commonly Controlled Entity shall be reasonably likely to incur any liability in connection with a withdrawal from, or the Insolvency of, a Multiemployer Plan; or (B) (vi) any Person shall fail to comply in all material
respects with its funding obligations with respect to a Canadian Pension Plan, (vii) any Loan Party shall have received a notice from a Governmental Authority relating to the intention to terminate a Canadian Pension Plan or to appoint a
trustee or similar official to administer any such Canadian Pension Plan, which notice or appointment of a trustee or similar official is reasonably likely to result in the termination of such Canadian Pension Plan, (viii) a Canadian Pension
Event shall occur or (ix) any Lien (other than a Permitted Lien) arises (save for contribution amounts not yet due) in connection with any Canadian Pension Plan; and in each case in clauses (i) through (ix) above, such event or condition,
together with all other such events or conditions, if any, would reasonably be expected to have a Material Adverse Effect; or 
 (h) one or
more final judgments or decrees for the payment of money shall be entered against Holdings or any of its Restricted Subsidiaries involving for Holdings or any of its Restricted Subsidiaries, taken as a whole, a liability (to the extent not covered
by insurance as to which the relevant insurance company has not denied coverage in writing) of $20the greater of (A) $25 million and (B) 25% Trailing Four Quarter Consolidated EBITDA, or more, and all
such judgments or decrees shall not have been satisfied, vacated, discharged, stayed or bonded pending appeal within 60 days from the entry thereof; or 

(i) any Security Document that creates a Lien with respect to a material portion of the Collateral shall cease, for any reason (other than by
reason of the release thereof pursuant to the provisions of the Loan Documents), to be in full force and effect, or any Loan Party (or any of its Affiliates that has the power, directly or indirectly, to direct or cause the direction of the
management and policies of such Loan Party) shall so assert in writing, or any Lien with respect to any material portion of the Collateral created by any of the Security Documents shall cease to be enforceable and of the same effect and priority
purported to be created thereby, (i) except to the extent that any such perfection or priority is not required pursuant to the Collateral and Guarantee Requirement or results from the failure of the Agent to maintain possession of certificates
actually delivered to it representing securities pledged under the Security Documents or to file UCC or PPSA continuation statements or take other required actions and (ii) except as to Collateral consisting of real property to the extent that
such losses are covered by a lender’s title insurance policy and such insurer has not denied coverage; or 
 (j) the guarantee
contained in Section 2 of the US Guarantee and Collateral Agreement or of the Canadian Guarantee and Collateral Agreement shall cease, for any reason (other than by reason of the express release thereof pursuant to the provisions of the Loan
Documents), to be in full force and effect or any Loan Party (or any of its Affiliates that has the power, directly or indirectly, to direct or cause the direction of the management and policies of such Loan Party) shall so assert in writing (other
than by reason of the express release thereof pursuant to the provisions of the Loan Documents); or 

  
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 (k) any Change of Control shall occur; or 

(l) with respect to the First Lien Notes and other First Lien Obligations, (i)(x) an Event of Default under and as defined in the First Lien
Indenture has occurred and is continuing under clauses (1), (2), (6) or (7) of Section 6.01 of the First Lien Indenture or (y) an Event of Default (other than the type described in the foregoing clause (i)(x)) under and as defined in
the First Lien Indenture has occurred and (i) remains unremedied or unwaived for sixty (60) consecutive days after the occurrence thereof or (ii) with respect to which (including within the sixty (60) consecutive day period) the
First Lien Notes Collateral Agent is exercising remedies (including acceleration of obligations or termination of commitments). 
 then, and in any such
event, (A) if such event is an Event of Default specified in clause (i) or (ii) of paragraph (f) above with respect to one or more of the Borrowers, the Revolving Credit Commitments hereunder shall automatically and immediately
terminate and the Loans hereunder (with accrued interest thereon) and all other amounts owing under this Agreement and the other Loan Documents (including all amounts of LC Exposure, whether or not the beneficiaries of the then outstanding Letters
of Credit shall have presented the documents required thereunder) shall immediately become due and payable and (B) if such event is any other Event of Default, either or both of the following actions may be taken: (i) with the consent of
the Required Lenders, the Agent may, or upon the request of the Required Lenders, the Agent shall, by notice to each Borrower, declare the Revolving Credit Commitments to be terminated forthwith, whereupon the Revolving Credit Commitments shall
immediately terminate; and (ii) with the consent of the Required Lenders, the Agent may, or upon the request of the Required Lenders, the Agent shall, by notice to each Borrower, (x) declare the Loans hereunder (with accrued interest
thereon) and all other amounts owing under this Agreement and the other Loan Documents (including all amounts of LC Exposure, whether or not the beneficiaries of the then outstanding Letters of Credit shall have presented the documents required
thereunder) to be due and payable forthwith, whereupon the same shall immediately become due and payable and (y) subject to the terms and conditions of the applicable Intercreditor Agreement and any other Intercreditor Agreement entered into in
connection with this Agreement, commence foreclosure actions with respect to the Collateral in accordance with the terms and procedures set forth in the Security Documents. In the case of all Letters of Credit with respect to which presentment for
honor shall not have occurred at the time of an acceleration pursuant to this paragraph, the applicable Borrower shall at such time deposit in a Cash Collateral account opened by the Agent an amount in immediately available funds equal to 102% of
the aggregate then undrawn and unexpired amount of such Letters of Credit (and the applicable Borrower hereby grants to the Agent, for the benefit of the applicable Secured Parties, a continuing security interest in all amounts at any time on
deposit in such Cash Collateral account to secure the undrawn and unexpired amount of such Letters of Credit and all other Obligations). If at any time the Agent determines that any funds held in such Cash Collateral account are subject to any right
or claim of any Person other than the Agent and the applicable Secured Parties or that the total amount of such funds is less than the aggregate undrawn and unexpired amount of outstanding Letters of Credit, the applicable Borrower shall, forthwith
upon demand by the Agent, pay to the Agent, as additional funds to be deposited and held in such Cash Collateral account, an amount equal to the excess of (a) such aggregate 

  
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undrawn and unexpired amount over (b) the total amount of funds, if any, then held in such Cash Collateral account that the Agent determines to be free and clear of any such right and claim.
Amounts held in such Cash Collateral account shall be applied by the Agent to the payment of drafts drawn under such Letters of Credit, and the unused portion thereof after all such Letters of Credit shall have expired or been fully drawn upon, if
any, shall be applied to repay other obligations of the applicable Borrower hereunder and under the other Loan Documents. After all such Letters of Credit shall have expired or been fully drawn upon, all Reimbursement Obligations shall have been
satisfied and all other Obligations shall have been paid in full, the balance, if any, in such Cash Collateral account shall be returned to the applicable Borrower (or such other Person as may be lawfully entitled thereto). 

Section 7.2. Right to Cure. Notwithstanding anything to the contrary contained in Section 7.1: 

(a) For the purpose of determining whether a Financial Covenant Event of Default has occurred, the Borrower Representative may on one or more
occasions designate any portion of the net cash proceeds from a sale or issuance of Qualified Capital Stock of the Parent Borrower (or any direct or indirect parent company, to the extent such proceeds are contributed to the common capital of the
Parent Borrower) or any cash contribution to the common capital of the Parent Borrower (the “Cure Amount”) as an increase to Consolidated EBITDA for the applicable Fiscal Quarter; provided that (A) the Cure Amount
(i) is actually received by the Parent Borrower on or before the
tenthfifteenth

(1015
th) Business Day after the date on which the Compliance Certificate pursuant to Section 5.2(a) is required to be delivered with respect to such applicable Fiscal Quarter (the “Cure
Expiration Date”) and (ii) does not exceed the aggregate amount necessary to cure any Financial Covenant Event of Default as of such date and (B) the Borrower Representative shall have provided advance notice (the “Notice
of Intent to Cure”) to the Agent that such amounts are designated as a “Cure Amount” (it being understood that to the extent such notice is provided in advance of delivery of a Compliance Certificate for the applicable
period, the Cure Amount actually received by the Parent Borrower may be lower than specified in such notice to the extent that the amount necessary to cure any Financial Covenant Event of Default is less than the full amount of such originally
designated amount). The Cure Amount used to calculate Consolidated EBITDA for one Fiscal Quarter shall be used and included when calculating Consolidated EBITDA for each Test Period that includes such Fiscal Quarter. 

(b) The parties hereby acknowledge that this Section 7.2 may not be relied on for purposes of calculating any financial ratios or
any other purpose other than for determining actual compliance with Section 6.1 (and not Pro Forma Compliance with Section 6.1 that is required by any other provision of this Agreement) and shall not result in any adjustment
to any amounts (including any pro forma reduction of the amount of Indebtedness with respect to the quarter with respect to which such Cure Amount is made and shall not be included for purposes of determining pricing, mandatory prepayments
and the availability or amount permitted pursuant to any covenant under Section 6) other than the increase to Consolidated EBITDA referred to in Section 7.2(a). The Cure Amount shall not constitute an Excluded Contribution.

 (c) In furtherance of Section 7.2(a) above, (i) upon actual receipt by the Agent of the Notice of Intent to Cure, the
covenant under Section 6.1 shall be deemed retroactively cured with 

  
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the same effect as though there had been no failure to comply with the covenant under such Section 6.1 and any Default or Event of Default under Section 6.1 shall be
deemed not to have occurred for purposes of the Loan Documents (provided that if the Cure Expiration Date has occurred without the Cure Amount having been received by the Parent Borrower and designated, such Default or Event of Default shall
be deemed reinstated) and (ii) none of the Agent, any Lender or any other Secured Party may exercise any rights or remedies under Section 7.1 (or under any other Loan Document) solely on the basis of any actual or purported Default
or Event of Default under Section 6.1 until and unless (A) the Cure Expiration Date has occurred without the Cure Amount having been received by the Parent Borrower and designated by the Borrower Representative or (B) the
Borrower Representative has confirmed in writing that it does not intend to provide such Cure Amount. Notwithstanding the foregoing, no Borrower shall be permitted to request a Borrowing or any Credit Extension unless and until the Parent Borrower
shall have received the Cure Amount. 
 (d) (i) In each period of four (4) consecutive Fiscal Quarters, there shall be at least
two (2) Fiscal Quarters in which no cure right set forth in Section 7.2 is exercised and (ii) there shall be no pro forma reduction in Indebtedness with the Cure Amount for determining compliance with
Section 6.1 for the Fiscal Quarter with respect to which such Cure Amount was made. 
 (e) There can be no more than five
(5) Fiscal Quarters in which the cure rights set forth in Section 7.2 are exercised during the term of any Facility. 

Section 7.3. Application of Proceeds. 

(a) Subject to the ABL Intercreditor Agreement or any other applicable Intercreditor Agreement entered into pursuant to this Agreement or any
other Loan Document, if an Event of Default shall have occurred and be continuing, at any time at the Agent’s election, the Agent may, notwithstanding the provisions of Section 2.11, apply all or any part of the net proceeds of US
Collateral realized through the exercise by the Agent of its remedies under the US Security Documents, whether or not held in any Collateral Account, and any proceeds of the guarantee set forth in the US Security Documents, in payment of the US
Obligations in the following order (provided that if the terms of any Permitted Amendment provide for application of such proceeds to the payment of any US Obligations in a less favorable order, then the terms of such Permitted Amendment shall
govern with respect to such US Obligations and the Agent shall apply such Proceeds in such different order): 
 First, to payment of
that portion of the US Obligations constituting fees, indemnities, expenses and other amounts (other than principal and interest, US Cash Management Obligations, obligations under US Specified Swap Contracts and Reimbursement Obligations, but
including attorneys’ fees payable under this Agreement and amounts payable under the guarantee set forth in the US Security Documents) payable to the Agent in its capacity as administrative agent or collateral agent; 

Second, to payment of that portion of the US Obligations constituting (or constituting guarantees of) fees, indemnities and other
amounts (other than principal and interest, US Cash Management Obligations, obligations under the US Specified Swap Contracts, Reimbursement Obligations in respect of US Letters of Credit, and, to the extent payable under clause First,

  
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 attorneys’ fees) payable to the US Secured Parties (including attorneys’ fees payable under this
Agreement and amounts payable under the guarantee set forth in the US Security Documents), ratably among them in proportion to the amounts described in this clause Second payable to them; 

Third, the US Swingline Lender to pay US Obligations in respect of US Swingline Loans (including interest) then due to the US Swingline
Lender; 
 Fourth, to payment of that portion of the US Obligations constituting (or constituting guarantees of) accrued and unpaid
interest on the US Revolving Credit Loans and LC Disbursements in respect of US Letters of Credit, ratably among the holders of such US Obligations in proportion to the respective amounts described in this clause Fourth payable to them; 

Fifth, to payment of that portion of the US Obligations constituting (or constituting guarantees of) unpaid principal of the US
Revolving Credit Loans and Reimbursement Obligations in respect of US Letters of Credit, and, to the extent required under Section 2.4(j), to Cash Collateralize the portion of the LC Disbursements in respect of US Letters of Credit
comprised of the aggregate undrawn amounts of US Letters of Credit, ratably among the holders of such US Obligations in proportion to the respective amounts described in this clause Fifth held by them; 

Sixth, as provided in clauses First through Fifth of Section 7.3(b); 

Seventh, to the payment of amounts (or constituting guarantees of amounts) then due and payable under US Specified Swap Contracts and
US Cash Management Obligations then due and payable and all other US Obligations of the US Loan Parties that are then due and payable to the Agent and the other US Secured Parties on such date, ratably based upon the respective aggregate amounts of
all such US Obligations owing to the Agent and the other US Secured Parties on such date; 
 Eighth, as provided in clause
Sixth of Section 7.3(b) below; and 
 Ninth, the balance, if any, after all of the US Obligations have been paid
in full, to the relevant US Loan Party or as otherwise required by applicable Requirements of Law. 
 Notwithstanding the foregoing, amounts
received from any Loan Party that is not a Qualified ECP Guarantor shall not be applied to any Excluded Swap Obligation of such Loan Party. 

(i) The Agent shall have absolute discretion as to the time of application of any such proceeds, moneys or balances in accordance with this
Agreement. Upon any sale of US Collateral by the Agent (including pursuant to a power of sale granted by statute or under a judicial proceeding), the receipt of proceeds in the amount agreed upon by the Agent or by the officer making the sale shall
be a sufficient discharge to the purchaser or purchasers of the US Collateral so sold and such purchaser or purchasers shall not be obligated to see to the application of any part of the purchase money paid over to the Agent or such officer or be
answerable in any way for the misapplication thereof. 

  
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 (ii) Amounts used to Cash Collateralize US Letters of Credit pursuant to clause Fifth
above shall be applied to satisfy drawings under such US Letters of Credit as they occur. If any amount remains on deposit as cash collateral after all US 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 and subject to the limitations set forth above. 
 (iii)
Notwithstanding the foregoing, US Obligations arising in connection with US Cash Management Services or under US Specified Swap Contracts shall be excluded from the application described above if the Agent has not received written notice thereof,
together with such supporting documentation as the Agent may request, from the applicable Qualified Counterparty; provided that in no event shall proceeds of any Collateral of any US Loan Party that is not an “eligible contract
participant” as defined in the Commodity Exchange Act be applied to any Excluded Swap Obligations. 
 (b) Subject to any applicable
Intercreditor Agreement entered into pursuant to this Agreement or any other Loan Document, if an Event of Default shall have occurred and be continuing, at any time at the Agent’s election, the Agent may, notwithstanding the provisions of
Section 2.11, apply all or any part of the net proceeds of Canadian Collateral realized through the exercise by the Agent of its remedies under the Canadian Security Documents, whether or not held in any Collateral Account, and any
proceeds of the guarantee set forth in the Canadian Security Documents, in payment of the Canadian Obligations in the following order (provided that if the terms of any Permitted Amendment provide for application of such Proceeds to the payment of
any Canadian Obligations in a less favorable order, then the terms of such Permitted Amendment shall govern with respect to such Canadian Obligations and the Agent shall apply such proceeds in such different order): 

First, to payment of that portion of the Canadian Obligations constituting fees, indemnities, expenses and other amounts (other than
principal and interest, Canadian Cash Management Obligations, obligations under Canadian Specified Swap Contracts and Reimbursement Obligations, but including attorneys’ fees payable under this Agreement and amounts payable under the guarantee
set forth in the Canadian Security Documents) payable to the Agent in its capacity as administrative agent or collateral agent; 

Second, to payment of that portion of the Canadian Obligations constituting (or constituting guarantees of) fees, indemnities and other
amounts (other than principal and interest, Canadian Cash Management Obligations, obligations under the Canadian Specified Swap Contracts, Reimbursement Obligations in respect of Canadian Letters of Credit, and, to the extent payable under clause
First, attorneys’ fees) payable to the Canadian Secured Parties (including attorneys’ fees payable under this Agreement and amounts payable under the guarantee set forth in the Canadian Security Documents), ratably among them in
proportion to the amounts described in this clause Second payable to them; 

  
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 Third, to the Canadian Swingline Lender to pay Canadian Obligations in respect of
Canadian Swingline Loans (including interest) then due to the Canadian Swingline Lender; 
 Fourth, to payment of that portion of the
Canadian Obligations constituting (or constituting guarantees of) accrued and unpaid interest on the Canadian Revolving Credit Loans and LC Disbursements in respect of Canadian Letters of Credit, ratably among the holders of such Canadian
Obligations in proportion to the respective amounts described in this clause Fourth payable to them; 
 Fifth, to payment of
that portion of the Canadian Obligations constituting (or constituting guarantees of) unpaid principal of the Canadian Revolving Credit Loans and Reimbursement Obligations in respect of Canadian Letters of Credit, and, to the extent required under
Section 2.4(j), to Cash Collateralize the portion of the LC Disbursements in respect of Canadian Letters of Credit comprised of the aggregate undrawn amounts of Canadian Letters of Credit, ratably among the holders of such Canadian
Obligations in proportion to the respective amounts described in this clause Fifth held by them; 
 Sixth, to the payment of
amounts (or constituting guarantees of amounts) then due and payable under Canadian Specified Swap Contracts and Canadian Cash Management Obligations then due and payable and all other Canadian Obligations of the Canadian Loan Parties that are then
due and payable to the Agent and the other Canadian Secured Parties on such date, ratably based upon the respective aggregate amounts of all such Canadian Obligations owing to the Agent and the other Canadian Secured Parties on such date; and 

Seventh, the balance, if any, after all of the Canadian Obligations have been paid in full, to the relevant Canadian Loan Party or as
otherwise required by applicable Requirements of Law. 
 Notwithstanding the foregoing, amounts received from any Loan Party that is not a
Qualified ECP Guarantor shall not be applied to any Excluded Swap Obligation of such Loan Party. 
 (a) The Agent shall have absolute
discretion as to the time of application of any such proceeds, moneys or balances in accordance with this Agreement. Upon any sale of Canadian Collateral by the Agent (including pursuant to a power of sale granted by statute or under a judicial
proceeding), the receipt of proceeds in the amount agreed upon by the Agent or by the officer making the sale shall be a sufficient discharge to the purchaser or purchasers of the Canadian Collateral so sold and such purchaser or purchasers shall
not be obligated to see to the application of any part of the purchase money paid over to the Agent or such officer or be answerable in any way for the misapplication thereof. 

(b) Amounts used to Cash Collateralize Canadian Letters of Credit pursuant to clause Fourth above shall be applied to satisfy drawings
under such Canadian Letters of Credit as they occur. If any amount remains on deposit as cash collateral after all Canadian 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 and subject to the limitations set forth above. 

  
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 (c) Notwithstanding the foregoing, Canadian Obligations arising in connection with Canadian
Cash Management Services or under Canadian Specified Swap Contracts shall be excluded from the application described above if the Agent has not received written notice thereof, together with such supporting documentation as the Agent may request,
from the applicable Qualified Counterparty; provided that in no event shall proceeds of any Collateral of any Canadian Loan Party that is not an “eligible contract participant” as defined in the Commodity Exchange Act be applied to any
Excluded Swap Obligations. 
 SECTION VIII 

THE AGENT 

Section 8.1. Appointment. Each Lender, Issuing Bank and the Swingline Lender hereby irrevocably designates and appoints the Agent
as the agent and collateral agent respectively of such Lender, the Swingline Lender and such Issuing Bank under this Agreement and the other Loan Documents, and each such Lender irrevocably authorizes the Agent, in such capacity, to take such action
on its behalf under the provisions of this Agreement and the other Loan Documents and to exercise such powers and perform such duties as are expressly delegated to the Agent by the terms of this Agreement and the other Loan Documents, together with
such other powers as are reasonably incidental thereto. Without limiting the generality of the foregoing, each Lender, the Swingline Lender and each Issuing Bank hereby authorizes the Agent to enter into each Security Document, the ABL Intercreditor
Agreement and any other Intercreditor Agreements or subordination agreements contemplated hereby on behalf of and for the benefit of the Lenders and the other Secured Parties and agrees to be bound by the terms thereof. Notwithstanding any provision
to the contrary elsewhere in this Agreement, the Agent shall not have any duties or responsibilities, except those expressly set forth herein, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities,
duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or otherwise exist against the Agent. 

Section 8.2. Delegation of Duties. The Agent may execute any of its duties under this Agreement and the other Loan Documents by or
through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. The Agent shall not be responsible for
the negligence or misconduct of the agents or attorneys-in-fact selected by it with reasonable care. 

Section 8.3. Exculpatory Provisions. None of the Agent, the Swingline Lender, any Issuing Bank, nor any of their respective
officers, directors, employees, agents, advisors, attorneys-in-fact or affiliates shall be (i) liable to any other Credit Party for any action lawfully taken or
omitted to be taken by it or such Person under or in connection with this Agreement or any other Loan Document (except to the extent that any of the foregoing are found by a final and nonappealable decision of a court of competent jurisdiction to
have resulted from its or such Person’s own gross negligence or willful misconduct) or (ii) responsible in any manner to any other Credit Party for any recitals, statements, representations or warranties made by any Loan Party or any
officer thereof contained in this Agreement or any other Loan Document or in any certificate, report, statement or other document referred to or provided for in, or received by the Agent, the Swingline Lender or Issuing Banks under or in connection
with, this Agreement or any other Loan Document or for the value, validity, effectiveness, genuineness, enforceability or 

  
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sufficiency of this Agreement or any other Loan Document or for any failure of any Loan Party a party thereto to perform its obligations hereunder or thereunder. Neither the Agent, the Swingline
Lender nor any Issuing Bank shall be under any obligation to any other Credit Party to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Loan Document, or
to inspect the properties, books or records of any Loan Party. 
 Section 8.4. Reliance by Agent. The Agent shall be entitled to
rely, and shall be fully protected in relying, upon any instrument, writing, resolution, notice, consent, certificate, affidavit, letter, facsimile or Electronically submitted Communication, statement, order or other document or conversation
believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons and upon advice and statements of legal counsel (including counsel to the Parent Borrower), independent accountants and other experts
selected by the Agent. The Agent may deem and treat the payee of any Note as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the Agent. The Agent shall be fully
justified in failing or refusing to take any action under this Agreement or any other Loan Document unless it shall first receive such advice or concurrence of the Required Lenders (or, if so specified by this Agreement, all affected Lenders) as it
deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. The Agent shall in all cases be
fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Required Lenders (or, if so specified by this Agreement, all affected Lenders), and such request and any
action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans. 

Section 8.5. Notice of Default. The Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or
Event of Default unless the Agent has received written notice from a Lender or the Borrower Representative referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of
default”. In the event that the Agent receives such a notice, the Agent shall give notice thereof to the Lenders. The Agent shall take such action with respect to such Default or Event of Default as shall be reasonably directed by the
Required Lenders (or, if so specified by this Agreement, all affected Lenders); provided, that unless and until the Agent shall have received such directions, the Agent may (but shall not be obligated to) take such action, or refrain from
taking such action, with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders. 

Section 8.6. Non-Reliance on Agent and Other Lenders. Each Lender expressly acknowledges
that neither the Agent nor any of its officers, directors, employees, agents advisors, attorneys-in-fact or Affiliates have made any representations or warranties to it
and that no act by the Agent hereafter taken, including any review of the affairs of a Loan Party or any Affiliate of a Loan Party, shall be deemed to constitute any representation or warranty by the Agent to any Lender. Each Lender represents to
the Agent that it has, independently and without reliance upon the Agent or any other Lender, and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations,
property, financial and other condition and creditworthiness of the Loan Parties and 

  
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their Affiliates and made its own decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents that it will, independently and without reliance upon the Agent
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 analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan
Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their Affiliates. Except for notices, reports and
other documents expressly required to be furnished to the Lenders by the Agent hereunder, the Agent shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, property,
condition (financial or otherwise), prospects or creditworthiness of any Loan Party or any Affiliate of a Loan Party that may come into the possession of the Agent or any of its officers, directors, employees, agents, advisors, attorneys-in-fact or Affiliates. 
 Section 8.7.
Indemnification. The Lenders agree to indemnify the Agent, the Swingline Lender, each Issuing Bank and each of their officers, directors, employees, Affiliates, agents, advisors and controlling persons (each, an “Agent
Indemnitee”) (to the extent not reimbursed by the Borrowers and without limiting any obligation of the Borrowers to do so), ratably according to their respective Aggregate Exposure Percentages in effect on the date on which indemnification
is sought under this Section 8.7 (or, if indemnification is sought after the date upon which the Revolving Credit Commitments shall have terminated and the Loans shall have been paid in full, ratably in accordance with such Aggregate
Exposure Percentages immediately prior to such date), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs and expenses or disbursements of any kind whatsoever that may at any time
(whether before or after the payment of the Loans) be imposed on, incurred by or asserted against such Agent Indemnitee in any way relating to or arising out of, the Revolving Credit Commitments, this Agreement, any of the other Loan Documents or
any documents contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by such Agent Indemnitee under or in connection with any of the foregoing; provided, that no
Lender shall be liable for the payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements that are found by a final and nonappealable decision of a court of
competent jurisdiction to have resulted from such Agent Indemnitee’s gross negligence, bad faith or willful misconduct. The agreements in this Section 8.7 shall survive the termination of this Agreement and the payment of the Loans
and all other amounts payable hereunder. 
 Section 8.8. Agent in Its Individual Capacity. The Agent and its affiliates may make
loans to, accept deposits from and generally engage in any kind of business with any Loan Party as though the Agent were not the Agent hereunder. With respect to its Loans made or renewed by it and with respect to any Letter of Credit issued or
participated in by it, the Agent shall have the same rights and powers under this Agreement and the other Loan Documents as any Lender and may exercise the same as though it were not the Agent hereunder, and the terms “Lender” and
“Lenders” shall include the Agent in its individual capacity. 

  
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 Section 8.9. Successor Agent. 

(a) The Agent may resign as Agent upon thirty (30) days’ notice to the Lenders and the Borrowers. If the Agent shall resign as Agent,
then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall be subject to written approval by the Borrower Representative (which approval shall not be unreasonably withheld or delayed
if such successor is a commercial bank with a combined capital and surplus of at least $5.0 billion and otherwise may be withheld in the Borrower Representative’s sole discretion, which approval shall not be required during the continuance
of a Specified Event of Default), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term “Agent” shall mean such successor agent effective upon such appointment and approval, and the
former Agent’s rights, powers and duties as Agent shall be terminated, without any other or further act or deed on the part of such former Agent or any of the parties to this Agreement or any holders of the Loans. If no successor agent has been
appointed as Agent by the date that is 30 days following a retiring Agent’s notice of resignation, the retiring Agent’s resignation shall nevertheless thereupon become effective, and the Lenders shall assume and perform all of the duties
of the Agent hereunder until such time, if any, as the Required Lenders, subject to written approval by the Borrower Representative (which approval shall not be unreasonably withheld or delayed), appoint a successor agent as provided for above
(except that in the case of any collateral security held by the Agent under any of the Loan Documents, the retiring or removed Agent shall continue to hold such collateral security until such time as a successor Agent is appointed). After any
retiring Agent’s resignation as Agent, the provisions of this Section VIII and of Section 9.5 shall continue to inure to its benefit. 

(b) If the Agent or a controlling Affiliate meets any part of the definition of Lender Default (in its capacity as Lender or otherwise), it
may be removed by the Borrower Representative or the Required Lenders. The Borrower Representative shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall be subject to written approval by the Required
Lenders (which approval shall not be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term “Agent” shall mean such successor agent effective upon
such appointment and approval, and the former Agent’s rights, powers and duties as Agent shall be terminated, without any other or further act or deed on the part of such former Agent or any of the parties to this Agreement or any holders of
the Loans. If no successor agent has been appointed as Agent by the date that is 10 days following the Agent’s removal, the Agent’s removal shall nevertheless thereupon become effective, and the Lenders shall assume and perform all of the
duties of the Agent hereunder until such time, if any, as the Borrower, subject to written approval by the Required Lenders (which approval shall not be unreasonably withheld or delayed), appoints a successor agent as provided for above (except that
in the case of any collateral security held by the Agent under any of the Loan Documents, the retiring or removed Agent shall continue to hold such collateral security until such time as a successor Agent is appointed). After any Agent’s
replacement as Agent, the provisions of this Section VIII and of Section 9.5 shall continue to inure to its benefit. 

Section 8.10. Borrower Representative. Each Borrower hereby designates the Parent Borrower as its representative and agent (in
such capacity, the “Borrower Representative”) for all purposes under the Loan Documents, including requests for Loans and Letters of Credit, designation of interest rates, delivery or receipt of communications, preparation and
delivery of Borrowing Base Certificates and financial reports, requests for waivers, amendments or other 

  
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accommodations, actions under the Loan Documents (including in respect of compliance with covenants), and all other dealings with the Agent, the Issuing Banks, any Lender or the Swingline Lender.
The Borrower Representative hereby accepts such appointment as Borrower Representative. The Agent, the Issuing Banks, the Lenders and the Swingline Lender shall be entitled to rely upon, and shall be fully protected in relying upon, any notice or
communication (including any notice of borrowing) delivered by the Borrower Representative on behalf of any Borrower. The Agent, the Issuing Banks, the Lenders and the Swingline Lender may give any notice or communication with a Borrower hereunder
to the Borrower Representative on behalf of such Borrower. Each of the Agent, the Issuing Banks, the Lenders and the Swingline Lender shall have the right, in its discretion, to deal exclusively with the Borrower Representative for any or all
purposes under the Loan Documents. Each Borrower agrees that any notice, election, communication, representation, agreement or undertaking made on its behalf by the Borrower Representative shall be binding upon and enforceable against it. Anything
contained herein to the contrary notwithstanding, no Borrower (other than the Borrower Representative) shall be authorized to request any Borrowing or Letter of Credit hereunder without the prior written consent of the Borrower Representative. 

Section 8.11. Joint Lead Arrangers. The Joint Lead Arrangers, in their capacity as such, shall not have any obligations, duties,
responsibilities or liabilities under this Agreement. 
 Section 8.12. Quebec Liens (Hypothecs). In its capacity as Agent, for
the purposes of holding any hypothec granted pursuant to the laws of the Province of Quebec, each of the Secured Parties hereby irrevocably appoints and authorizes the Agent and, to the extent necessary, ratifies the appointment and authorization of
the Agent, to act as the hypothecary representative of the applicable Secured Parties as contemplated under Article 2692 of the Civil Code of Quebec, and to enter into, to take and to hold on their behalf, and for their benefit, any hypothec, and to
exercise such powers and duties that are conferred upon the Agent under any related deed of hypothec. The Agent shall have the sole and exclusive right and authority to exercise, except as may be otherwise specifically restricted by the terms
hereof, all rights and remedies given to the Agent pursuant to any such deed of hypothec and applicable law. Any person who becomes a Secured Party shall, by its execution of an Assignment and Assumption, be deemed to have consented to and confirmed
the Agent as the person acting as hypothecary representative holding the aforesaid hypothecs as aforesaid and to have ratified, as of the date it becomes a Secured Party, all actions taken by the Agent in such capacity. The substitution of the
collateral agent pursuant to the provisions of this Section VIII also constitute the substitution of the Agent as hypothecary representative as aforesaid. 

SECTION IX 

MISCELLANEOUS 

Section 9.1. Notices. Except as otherwise expressly provided, all Communications provided for herein shall be transmitted
Electronically or in writing and delivered by hand or overnight courier service, mailed by certified or registered mail, as follows: 
 (a)
if to any of Holdings, the Borrower Representative or the other Group Members, to it at: 
 Specialty Building Products Holdings, LLC, 

2160 Satellite Blvd., Ste. 450 

Duluth, Georgia 30097 
 Attention:
Ronnie Stroud 
 Facsimile: (770) 232-2420 

E-mail: ronniestroud@uslumber.com 

  
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 with copies (which shall not constitute notice) to: 

Madison Dearborn Partners, LLC 

Three First National Plaza, Suite 4600 

Chicago, Illinois 60602 

Attention: Richard H. Copans, Drew Macha and Michael J. Dolce 

Facsimile: (312) 895-1001 

E-mail: rcopans@MDCP.com; dmacha@MDCP.com; mdolce@MDCP.com 

 

	 	(b)	 if to the Agent, to it at: 

Bank of America, N.A. 
 Portfolio
Manager 
 Bank of America Business Capital 

300 Galleria Parkway, Suite 800 

Atlanta, GA 30339 
 (c) if to any
other Lender, the Swingline Lender or any Issuing Bank, to it at its e-mail address, address (or facsimile number) set forth in its Administrative Questionnaire. 

All notices and other communications given to any party hereto, in accordance with the provisions of this Agreement, shall be deemed to have
been given (i) on the date of receipt if delivered Electronically, by hand or overnight courier service, or sent by fax or (ii) on the date five (5) Business Days after dispatch by certified or registered mail if mailed (or such
earlier date of receipt), in each case delivered, sent or mailed (properly addressed) to such party as provided in this Section 9.1, or in accordance with the latest unrevoked direction from such party given in accordance with this
Section 9.1. 
 Each of the Borrowers and the Agent may change its mailing address, electronic mail address facsimile or
telephone number for notices and other communications hereunder by written notice to the other parties hereto. Each Lender may change its mailing address, electronic mail address, facsimile or telephone number for notices and other communications
hereunder by written notice to the Borrower Representative and the Agent. In addition, each Lender agrees to use commercially reasonable efforts to notify the Agent from time to time to ensure that the Agent has on record (i) an effective
mailing address, contact name, telephone number, facsimile number and electronic mail address to which notices and other communications may be sent and (ii) accurate wire instructions for such Lender. Furthermore, certain of the Lenders (each,
a “Public Lender”) agrees to cause at least one (1) 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 

  
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accordance with such Public Lender’s compliance procedures and applicable Requirements of Law, including United States federal and state securities laws, to make reference to the Borrower
Materials that are not made available through the “Public Side Information” portion of the Platform and that may contain Material Non-Public Information. 

Holdings, the Borrower Representative and the Parent Borrower each hereby agrees, unless directed otherwise by any Person authorized to
provide such directions under this Agreement or the Loan Documents, including for the avoidance of doubt the Agent, or unless an accurate electronic mail address has not been provided by such Person to the Borrower Representative, that it will, and
will cause its Subsidiaries to, provide or cause the Borrower Representative to provide to such Person all written information, documents and other materials that it is obligated to furnish to such Person pursuant to this Agreement or to any other
Loan Document (collectively, “Communications”), by transmitting the Communications in an electronic/soft medium that is properly identified in a format acceptable to such Person to an electronic mail address specified in writing
from time to time by such Person (“Electronically”). In addition, Holdings, the Borrower Representative and the Parent Borrower each agrees, and agrees to cause its Subsidiaries, to continue to provide or cause the Borrower
Representative to provide the Communications to such Person in the manner specified in the Loan Documents but only to the extent requested by such Person. 

The Parent Borrower hereby acknowledges that the Agent and/or the Joint Lead Arrangers will make available to the Lenders and the Issuing
Banks materials and/or information provided by or on behalf of the Loan Parties hereunder by posting such materials on IntraLinks or another similar electronic system (the “Platform”). 

THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” NEITHER THE AGENT NOR ANY OF ITS RELATED PARTIES
WARRANTS THE ACCURACY OR COMPLETENESS OF THE COMMUNICATIONS OR THE ADEQUACY OF THE PLATFORM AND EACH EXPRESSLY DISCLAIMS LIABILITY FOR ERRORS OR OMISSIONS IN THE COMMUNICATIONS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY
WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NONINFRINGEMENT OF THIRD-PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS IS MADE BY THE AGENT OR ANY OF ITS RELATED PARTIES IN CONNECTION WITH THE COMMUNICATIONS OR THE
PLATFORM. IN NO EVENT SHALL THE AGENT OR ANY OF ITS RELATED PARTIES HAVE ANY LIABILITY TO ANY LOAN PARTY, ANY LENDER OR ANY OTHER PERSON FOR DAMAGES OF ANY KIND, WHETHER OR NOT BASED ON STRICT LIABILITY AND INCLUDING DIRECT OR INDIRECT, SPECIAL,
INCIDENTAL OR CONSEQUENTIAL DAMAGES, LOSSES OR EXPENSES (WHETHER IN TORT, CONTRACT OR OTHERWISE) ARISING OUT OF ANY LOAN PARTY’S OR THE AGENT’S TRANSMISSION OF COMMUNICATIONS THROUGH THE INTERNET, EXCEPT TO THE EXTENT THE LIABILITY OF ANY
SUCH PERSON IS FOUND IN A FINAL RULING BY A COURT OF COMPETENT JURISDICTION TO HAVE RESULTED FROM SUCH PERSON’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. 

  
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 The Agent agrees that the receipt of the Communications by the Agent Electronically shall
constitute effective delivery of the Communications to the Agent for purposes of the Loan Documents. Each Lender agrees that receipt of notice to it (as provided in the next sentence) specifying that the Communications have been posted to the
Platform shall constitute effective delivery of the Communications to such Lender for purposes of the Loan Documents. Each Lender agrees to notify the Agent in writing (including Electronically) from time to time of such Lender’s electronic
mail address to which the foregoing notice may be sent Electronically and that the foregoing notice may be sent to such e-mail address. Nothing herein shall prejudice the right of the Agent or any Lender to
give any notice or Communication pursuant to any Loan Document in any other manner specified in such Loan Document. 
 Section 9.2.
Waivers; Amendments. 
 (a) No failure or delay by the Agent, the Swingline Lender, any Issuing Bank or any Lender in exercising any
right or power hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other or further exercise
thereof or the exercise of any other right or power. The rights and remedies of the Agent, the Swingline Lender, each Issuing Bank and the Lenders hereunder are cumulative and are not exclusive of any rights or remedies that they would otherwise
have. No waiver of any provision of this Agreement or consent to any departure by the Borrowers therefrom shall in any event be effective unless the same shall be permitted by paragraph (b) of this Section 9.2, and then such waiver
or consent shall be effective only in the specific instance and for the purpose for which given. Without limiting the generality of the foregoing, the making of a Loan or issuance or extension of a Letter of Credit shall not be construed as a waiver
of any Default, regardless of whether the Agent, any Lender, the Swingline Lender or any Issuing Bank may have had notice or knowledge of such Default at the time. 

(b) None of this Agreement, any other Loan Document or any provision hereunder or thereunder may be waived, amended or modified except
pursuant to an agreement or agreements in writing entered into by the Parent Borrower (and, if applicable, any other Borrowers) and the Required Lenders or by the Parent Borrower (and, if applicable, any other Borrowers) and the Agent with the
consent of the Required Lenders; provided, that, notwithstanding the foregoing: 
 (i) solely with the written consent
of each Lender directly and adversely affected thereby (but without the necessity of obtaining the consent of the Required Lenders, other than in the case of clause (1) below, which shall require the consent of each Lender increasing its
Revolving Credit Commitments if such increase is effectuated other than pursuant to the provisions under this Agreement specifically permitting increases of commitments without the further approval of Required Lenders), any such agreement may: 

(1) increase the Revolving Credit Commitment of any Lender (other than with respect to any Incremental Revolving Commitments
pursuant to Section 2.20 in which such Lender has agreed to be an Additional Lender), it being understood that (y) a waiver of any condition precedent set forth in Section 4.2, or (z) the waiver of any

  
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Default, Event of Default, mandatory prepayment or mandatory reduction of Revolving Credit Commitments shall not constitute an increase of any Revolving Credit Commitments of any Lender; 

(2) reduce or forgive the principal amount of any Loan or LC Disbursement or reduce the rate of interest thereon, or reduce
any fees or premiums payable hereunder (except (x) in connection with the waiver of applicability of any post-Default increase in interest rates (which waiver shall be effective with the consent of the Required Lenders) and (y) that any
change in Historical Excess Availability, Historical Average Utilization or any other definition used in the calculation of such rate of interest or fees (or any component definition thereof) shall not constitute a reduction in any rate of interest
or any fee for purposes of this clause (2)); 
 (3) postpone the scheduled date of payment of the principal amount of any
Loan or LC Disbursement, or any interest thereon, or any fees or premiums payable hereunder, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any Revolving Credit Commitment; it being
understood that a waiver of any condition precedent set forth in Section 4.2 or the waiver of any Default, mandatory prepayment or mandatory reduction of Revolving Credit Commitments shall not constitute a postponement of the scheduled
date of payment of principal of any Loan or expiration of any Revolving Credit Commitment of any Lender; or 
 (4) change
Section 2.17(b) or (c) or Section 2.21(c) in a manner that would alter the pro rata sharing of payments required thereby, or change the application of proceeds provision in Section 7.3); 

(ii) solely with the written consent of the Supermajority Required Lenders, any such agreement may increase advance rates or
make other modifications to the applicable Borrowing Base (or any constituent definitions to the extent used therein) that have the effect of increasing availability thereunder (including changes in eligibility criteria), it being understood that
increases or decreases in Reserves implemented by the Agent in its Permitted Discretion shall require only the consent of the Agent; 

(iii) solely with the written consent of each Lender (other than a Defaulting Lender), any such agreement may: 

(1) change any of the provisions of this Section 9.2 or the definition of “Required Lenders” or
any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any rights hereunder or grant any consent hereunder; 

(2) except as otherwise expressly provided in Section 9.14 or in the US Guarantee and Collateral Agreement, the
Canadian 

  
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Guarantee and Collateral Agreement or any other Security Document, release all or substantially all of the Collateral or release Guarantors from their guarantee obligations under the US Guarantee
and Collateral Agreement or the Canadian Guarantee and Collateral Agreement representing all or substantially all of the value of such guarantees, taken as a whole; or 

(3) except as otherwise expressly permitted, the assignment of any Borrower’s Obligations under this Agreement. 

provided, further that no such agreement shall amend, modify or otherwise affect the rights or duties of the Agent, the Swingline Lender or any
Issuing Bank hereunder in a manner adverse to the Agent, the Swingline Lender or such Issuing Bank, as the case may be, without the prior written consent of the Agent, the Swingline Lender or such Issuing Bank, as the case may be. Notwithstanding
the foregoing, amendments, waivers and other modifications to the provisions of any Loan Document in a manner that by its terms adversely affects the rights or obligations of Lenders holding Loans or Revolving Credit Commitments of a particular
Class (but not the rights or obligations of Lenders holding Loans or Revolving Credit Commitments of any other Class) will require only the prior written consent of Lenders holding the requisite percentage under this Section 9.2(b) of
the outstanding Loans and unused Revolving Credit Commitments of such Class (as if such Class were the only Class of Loans and Revolving Credit Commitments then outstanding under this Agreement), the Parent Borrower (and, if applicable,
any other Borrower). 
 (c) Notwithstanding anything to the contrary contained in this Section 9.2, the Agent and the Parent
Borrower, in their sole discretion and without the consent or approval of any other party, may amend, modify or supplement any provision of this Agreement or any other Loan Document to (i) amend, modify or supplement such provision or cure any
ambiguity, omission, mistake, error, defect or inconsistency, and such amendment, modification or supplement shall become effective without any further action or consent of any other party to any Loan Documents if the same is not objected to in
writing by the Required Lenders within five Business Days following receipt of notice thereof (provided, that, if the Required Lenders make such objection in writing, such amendment, modification or supplement shall not become effective
without the consent of the Required Lenders) and (ii) to permit additional affiliates of the Parent Borrower to guarantee the Obligations and/or provide Collateral therefor. Such amendments shall become effective without any further action or
consent of any other party to any Loan Document. 
 (d) Notwithstanding anything in this Agreement or any other Loan Document to the
contrary, only the consent of the parties to the Fee Letter shall be required to amend, modify or supplement the terms thereof. 
 (e)
Notwithstanding anything in this Agreement or any other Loan Document to the contrary, the Parent Borrower and the applicable Borrowers may enter into Incremental Amendments in accordance with Section 2.20 and Extension Amendments in
accordance with Section 2.22 and joinder agreements with respect thereto in accordance with such sections, and such Incremental Amendments and Extension Amendments and joinder agreements may effect

  
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such amendments to the Loan Documents or any applicable Intercreditor Agreement as may be necessary or appropriate, in the opinion of the Agent and the Parent Borrower, to give effect to the
existence and the terms of the Incremental Facility or Extension, as applicable, and will be effective to amend the terms of this Agreement and the other applicable Loan Documents (including to permit the extensions of credit from time to time
outstanding thereunder and the accrued interest and fees in respect thereof to share ratably in the benefits of this Agreement and the other applicable Loan Documents with the other Revolving Credit Loans, and the accrued interest and fees in
respect thereof and to include appropriately the Lenders holding such credit facilities in any determination of the Required Lenders), in each case, without any further action or consent of any other party to any Loan Document. 

(f) Notwithstanding anything to the contrary contained in this Section 9.2 or any other Loan Document, guarantees, collateral
security documents and related documents executed by Subsidiaries in connection with this Agreement may be in a form reasonably determined by the Agent and may be, together with this Agreement, amended and waived with the consent of the Agent at the
request of the Parent Borrower without the need to obtain the consent of any other Lender if such amendment or waiver is delivered in order (i) to comply with local Requirements of Law or advice of local counsel, (ii) to cure ambiguities
or defects or (iii) to cause such guarantee, collateral security document or other document to be consistent with this Agreement or any other Loan Documents. In addition, if the Agent and the Parent Borrower shall have jointly identified an
obvious error or any error or omission of a technical nature in this Agreement or any other Loan Document, then the Agent and the Parent Borrower shall be permitted to amend such provision without further action or consent by any other party;
provided that the Required Lenders shall not have objected to such amendment within five Business Days after receiving a copy thereof. 

(g) Notwithstanding the foregoing, this Agreement may be amended to (i) increase any LC Sublimit with the written consent of the
applicable Issuing Banks and the Agent and (ii) increase any Swingline Sublimit with the written consent of the Swingline Lender and the Agent. 

(h) 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
(1) the Revolving Credit Commitment of any Defaulting Lender may not be increased or extended without the consent of such Defaulting Lender and (2) any waiver, amendment or modification requiring the consent of all Lenders or each directly
and adversely affected Lender that by its terms materially and adversely affects any Defaulting Lender to a greater extent than other affected Lenders shall require the consent of such Defaulting Lender; 

provided, that (i) no amendment, waiver or consent shall, unless in writing and signed by each Issuing Bank in addition to the Lenders required
above, directly and adversely affect the rights or duties of an Issuing Bank under this Agreement or any Letter of Credit Application 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 Swingline Lender in addition to the Lenders required above, directly and adversely affect the rights or duties of the Swingline Lender under this Agreement; provided, however, that this Agreement may
be amended to adjust the borrowing mechanics 

  
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related to Swingline Loans with only the written consent of the Agent, the Swingline Lender and the Borrowers so long as the obligations of the Lenders are not affected thereby; (iii) no
amendment, waiver or consent shall, unless in writing and signed by the Agent in addition to the Lenders required above, directly and adversely affect the rights or duties of, or any fees or other amounts payable to, the Agent under this Agreement
or any other Loan Document; (iv) only the consent of the parties to the Fee Letter shall be required to amend, modify or supplement the terms thereof; (v) [reserved]; and (vi) (x) no Lender consent is required to effect an Incremental
Amendment or Extension Amendment (except as expressly provided in Sections 2.20 or 2.22 or in the following clause), and in connection with an Extension Amendment, only the consent of the Lenders that will continue as a Lender in
respect of the Extended Revolving Credit Commitments, as applicable, subject to such Extension Amendment shall be required for such Extension Amendment. 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 (1) the Revolving Credit Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (2) any waiver, amendment or modification requiring the consent of
all Lenders or each directly and adversely affected Lender that by its terms materially and adversely affects any Defaulting Lender to a greater extent than other affected Lenders shall require the consent of such Defaulting Lender. 

Section 9.3. Expenses; Indemnity; Damage Waiver. 

(a) If the Closing Date occurs, the Parent Borrower shall pay (i) all reasonable and documented out-of-pocket expenses incurred by the Agent and its Affiliates, including the reasonable fees, disbursements and other charges of legal counsel for the Agent in connection with the syndication of the credit
facilities provided for herein, the preparation and administration of this Agreement or any amendments, modifications or waivers of the provisions hereof, the reasonable fees and expenses of consultants and appraisal firms in connection with
inventory appraisals and field examinations required hereunder and the Agent’s standard charges for examination activities and appraisal reviews, (ii) all reasonable and documented out-of-pocket expenses incurred by any Issuing Bank 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 Agent, any Issuing Bank or any Lender, including the fees, charges and disbursements of legal counsel for the Agent, any Issuing Bank or
any Lender, in connection with the enforcement or protection of its rights in connection with this Agreement, including its rights under this Section 9.3(a), including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit; provided, that the Parent Borrower’s obligations under this
Section 9.3(a) for fees and expenses of legal counsel shall be limited to fees and expenses of (x) one primary outside legal counsel in each of the United States and Canada for all Persons described in clauses (i), (ii) and
(iii) above, taken as a whole, (y) in the case of any actual or perceived conflict of interest, one outside legal counsel for each group of affected Persons similarly situated, taken as a whole, in each appropriate jurisdiction and
(z) if necessary, one local or foreign legal counsel in each appropriate jurisdiction (which may include a single special counsel acting in multiple jurisdictions). 

  
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 (b) The Parent Borrower shall indemnify the Agent, the Swingline Lender, each Issuing Bank
and each Lender, 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, costs and
related expenses (including the reasonable out-of-pocket fees, charges and disbursements of (i) one primary outside legal counsel to the Indemnitees, taken as a
whole, (ii) in the case of any actual or perceived conflict of interest, one additional outside legal counsel in each of the United States and Canada for each group of affected Indemnitees similarly situated, taken as a whole, in each
appropriate jurisdiction and (iii) if necessary, one local or foreign legal counsel in each appropriate jurisdiction (which may include a single special counsel acting in multiple jurisdictions)), which may at any time be imposed on, incurred
by or asserted or awarded against any such Indemnitee arising out of, in connection with, or as a result of (w) the execution or delivery of this Agreement or any agreement or instrument contemplated hereby, the performance by the parties
hereto of their respective obligations hereunder or the consummation of the Transactions or any other transactions contemplated hereby, (x) any Loan or Letter of Credit or the use of the proceeds therefrom (including any refusal by any Issuing
Bank 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), (y) any actual or alleged presence or Release of Hazardous
Materials on or from any property owned or operated by the Parent Borrower or any of its Subsidiaries (including any predecessor entities), or any Environmental Liability relating to the Parent Borrower or any of its Subsidiaries (including any
predecessor entities) or (z) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory and regardless of whether any Indemnitee is a party
thereto and whether or not such claim, litigation, investigation or proceeding is brought by Holdings, the Borrowers or any of their respective Affiliates, their respective creditors or any other Person; provided, that such indemnity shall
not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses (1) are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross
negligence, bad faith or willful misconduct of such Indemnitee or its Related Parties, (2) arise out of any claim, litigation, investigation or proceeding that does not involve an act or omission by the Parent Borrower or any of its
Subsidiaries and that is brought by an Indemnitee against any other Indemnitee (provided, that in the event of such a claim, litigation, investigation or proceeding involving a claim or proceeding brought against the Agent or the Joint Lead
Arrangers (in each case, in its capacity as such) by other Indemnitees, the Agent or Joint Lead Arrangers, as the case may be (in its capacity as such), shall be entitled (subject to the other limitations and exceptions set forth above) to the
benefit of the indemnities set forth above), (3) arise from any settlement entered into by any Indemnitee or any of its Related Parties in connection with the foregoing without the Parent Borrower’s prior written consent (such consent not to be
unreasonably withheld or delayed) or (4) are in respect of indemnification payments made pursuant to Section 8.7, to the extent the Parent Borrower would not have been or was not required to make such indemnification payments
directly pursuant to the provisions of this Section 9.3(b). This Section 9.3(b) shall not apply with respect to Taxes other than any Taxes that represent losses, claims, damages, etc., arising from any non-Tax claim. 
 (c) To the extent permitted by applicable law, none of Holdings, the Borrowers or any
Indemnitee shall assert, and each of Holdings, the Borrowers and each Indemnitee hereby 

  
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waives, any claim against Holdings, the Borrowers or any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages)
(whether or not the claim therefor is based on contract, tort or duty imposed by any applicable legal requirement) arising out of, in connection with, as a result of, or in any way related to, this Agreement or any agreement or instrument
contemplated hereby, the Transactions, any Loan or Letter of Credit or the use of the proceeds thereof or any act or omission or event occurring in connection therewith, and, to the extent permitted by applicable law, Holdings, each Borrower and
each Indemnitee hereby waive, release and agree not to sue upon any such claim or any such damages, whether or not accrued and whether or not known or suspected to exist in its favor; provided, that nothing contained in this paragraph shall
limit the obligations of the Borrowers under Section 9.3(b) in respect of any such damages claimed against the Indemnitees by Persons other than Indemnitees. 

(d) All amounts due under this Section 9.3 shall be payable not later than 30 days after written demand therefor. 

(e) Notwithstanding the foregoing, each Indemnitee shall be obligated to refund and return any and all amounts paid by any Loan Party to such
Indemnitee for fees, expenses or damages to the extent such Indemnitee is not entitled to payment of such amounts in accordance with the terms hereof, as determined by a final, non-appealable judgment of a
court of competent jurisdiction. 
 Section 9.4. 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 permitted hereby (including any Affiliate or branch of any Issuing Bank that issues any Letter of Credit), except that (i) except as otherwise expressly provided in Section 6.4, no Borrower may assign or otherwise transfer
any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by a Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer
its rights or obligations hereunder except in accordance with this Section 9.4. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and
assigns permitted hereby (including any Affiliate or branch of any Issuing Bank that issues any Letter of Credit), Participants (to the extent provided in paragraph (c) of this Section 9.4) and, to the extent expressly contemplated
hereby, the Related Parties of the Agent, each Issuing Bank and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

  
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 (b) 

(i) Subject to the conditions set forth in paragraph (b)(ii) of this Section 9.4, any Lender may assign to one or more
Eligible Assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Revolving Credit Commitment and the Loans at the time owing to it) with the prior written consent (each such consent not to be
unreasonably withheld, delayed or conditioned) of: 
 (A) the Borrower Representative; provided, that no consent of
the Borrower Representative shall be required for an assignment to a Lender, an Affiliate or branch of a Lender or an Approved Fund or, if a Specified Event of Default has occurred and is continuing, any other Eligible Assignee; provided,
further, that (x) the Borrower Representative shall be deemed to have consented to any such assignment unless the Borrower Representative shall have objected thereto by written notice to the Agent not later than the tenth (10th) Business
Day following the date a written request for such consent is made and (y) the withholding of consent by the Borrower Representative to any assignment to any Disqualified Lender shall be deemed reasonable (for the avoidance of doubt, it being
understood and agreed that the Agent shall not have any responsibility or obligation to determine or notify the Borrower Representative with respect to whether any Lender or potential Lender is a Disqualified Lender, and the Agent shall have no
liability with respect to any assignment made to a Disqualified Lender); 
 (B) the Agent; 

(C) each Issuing Bank; and 

(D) the Swingline Lender; 

provided, with respect to foregoing clauses (B), (C) and (D), no consent of the Agent, any Issuing Bank or the Swingline Lender shall be required with
respect to an assignment to any Person that satisfies clause (i) of the definition of Eligible Assignee; provided, further, any assignment made to a Disqualified Lender shall not be null and void but shall instead be subject to
Section 9.4(e). 
 (ii) Assignments shall be subject to the following additional conditions: 

(A) except in the case of an assignment of the entire remaining amount of the assigning Lender’s Revolving Credit
Commitment or Loans of any Class or assignments to a Lender or an Affiliate or branch of a Lender, the amount of the Revolving Credit Commitment or 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 Agent) shall not be less than $5.0 million unless (x) such assignee shall be an existing Lender or (y) each of the Borrower Representative and the Agent
otherwise consent; provided, that no such consent of the Borrower Representative shall be required if a Specified Event of Default has occurred and is continuing; 

(B) each assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and
obligations under this Agreement, and no Lender shall be permitted to assign a single Class of Loans or Revolving Credit Commitments without assigning a proportionate part of such Lender’s other Classes of Loans or Revolving Credit
Commitments. For the avoidance of doubt, each assignment shall be comprised of an equal percentage 

  
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of the outstanding Canadian Revolving Credit Commitment, US Revolving Credit Commitment, Canadian Revolving Credit Exposure and US Revolving Credit Exposure of the applicable assignor; 

(C) the parties to each assignment shall execute and deliver to the Agent an Assignment and Assumption, together with (unless
waived by the Agent in its sole discretion) a processing and recordation fee of $3,500 (treating, for purposes of such fee, multiple, simultaneous assignments by or to two or more Approved Funds as a single assignment) (provided, no processing or
recordation fee shall be paid with respect to any assignment by any Joint Lead Arranger); and 
 (D) the assignee, if it
shall not be a Lender, shall deliver to the Agent an Administrative Questionnaire in which the assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material
non-public information about Holdings, the Parent Borrower, the other Borrowers, the Loan Parties and their related parties or their respective securities) will be made available and who may receive such
information in accordance with the assignee’s compliance procedures and applicable laws, including federal and state securities laws. 

(iii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) of this Section 9.4, from and after
the effective date specified in each Assignment and Assumption the assignee thereunder shall be a party hereto 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, and subject to the obligations, of Sections 2.14, 2.15,
2.16 and 9.3) with respect to facts and circumstances occurring prior to the effective date of such assignment. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this
Section 9.4 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 paragraph (c) of this Section 9.4. 

(iv) The Agent, acting solely for this purpose as a non-fiduciary agent of the
Borrowers, shall maintain at one of its offices in the United States 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 Revolving Credit Commitment of, and
principal amount (and, as applicable, stated interest) of the Loans and LC Disbursements 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 Borrowers, the Agent, the Swingline Lender, each Issuing Bank 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. The 

  
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Register shall be available for inspection by the Borrowers, the Swingline Lender, any Issuing Bank and, if an Event of Default has occurred and is continuing, any Lender, at any reasonable time
and from time to time upon reasonable prior notice. 
 (v) Upon its receipt of a duly completed Assignment and Assumption
executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless such assignee shall already be a Lender hereunder), the processing and recordation fee referred to in paragraph (b) of this
Section 9.4 and any written consent to such assignment required by paragraph (b) of this Section 9.4, the Agent shall accept such Assignment and Assumption and record the information contained therein in the Register;
provided, that if either the assigning Lender or the assignee shall have failed to make any payment required to be made by it pursuant to Section 2.4(d) or (e), 2.5(b), 2.17(d) or 8.7, the Agent shall
have no obligation to accept such Assignment and Assumption and record the information therein in the Register unless and until such payment shall have been made in full, together with all accrued interest thereon. No assignment shall be effective
for purposes of this Agreement unless it has been recorded in the Register as provided in this paragraph. 
 (c) 

(i) Any Lender may, without the consent of any Borrower, the Agent, the Swingline Lender or any Issuing Bank, sell
participations to one or more banks or other entities other than an Excluded Participant (a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its
Revolving Credit Commitment and the Loans owing to it); provided, that (A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for
the performance of such obligations and (C) the Borrowers, the Agent, the Swingline Lender, each Issuing Bank and the other Lenders shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and
obligations under this Agreement. 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, modification or waiver described in
Section 9.2(b)(iii) that adversely affects the Participant; provided, however, in no event shall an Excluded Participant be a Participant. The Borrowers agree that, subject to paragraph (c)(ii) and (c)(iii) of this
Section 9.4, each Participant shall be entitled to the benefits of Sections 2.14, 2.15 and 2.16 and subject to the requirements and limitations of such Sections including the requirements under
Section 2.16(e) (it being understood that the documentation required under Section 2.16(e) shall be delivered to the participating Lender) to the same extent as if it were a Lender and had acquired its interest by assignment
pursuant to paragraph (b) of this Section 9.4. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 9.8 as though it were a Lender; provided, that such Participant
agrees to be subject to Section 2.17(c) as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as an agent of the Borrowers, maintain a register on which

  
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it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under this Agreement or
any other Loan Document (the “Participant Register”); provided, that no Lender shall have any obligation to disclose all or any portion of the Participant Register to any Person (including the identity of any Participant or
any information relating to a Participant’s interest in any Revolving Credit Commitments, Loans, Letters of Credit or its other obligations under any Loan Document) except to the extent that such disclosure is necessary to establish that such
Revolving Credit Commitment, Loan, Letter of Credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register
shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement, including payments of interest and
principal, notwithstanding any notice to the contrary. The portion of the Participant Register relating to any Participant requesting payment from any Borrower under the Loan Documents shall be made available to such Borrower upon reasonable
request. For the avoidance of doubt, the Agent (in its capacity as Agent) shall have no responsibility for maintaining a Participant Register. 

(ii) A Participant shall not be entitled to receive any greater payment under Section 2.14, 2.15 or
2.16, with respect to any participation sold to such Participant, than its participating Lender would have been entitled to receive (except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs
after the Participant acquired the participation) with respect to the participation sold to such Participant. 
 (iii) A
Participant agrees to be subject to the provisions of Section 2.18 as if it were an assignee under paragraph (b) of this Section 9.4. 

(iv) Each Lender that sells a participation agrees, at the Borrowers’ request and expense, to use reasonable efforts to
cooperate with the Borrowers to effectuate the provisions of Section 2.15(b) with respect to any Participant. 

(v) No participation may be sold to the Sponsor, Holdings, any Borrower, any Affiliate of any of the foregoing or any of their
respective Subsidiaries. 
 (d) Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under
this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section 9.4 shall not apply to any such pledge or assignment of a security interest;
provided, that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(e) Notwithstanding anything to the contrary contained herein: 

(i) no assignment or participation shall be made to any Person that was a Disqualified Lender as of the date on which the
assigning Lender entered into a binding agreement to sell and assign all or a portion of its rights and obligations under this 

  
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Agreement to such Person (unless the Parent Borrower has consented to such assignment in writing in its sole and absolute discretion, in which case such Person will not be considered a
Disqualified Lender for the purpose of such assignment or participation). Any assignment in violation of this Section 9.4(e)(i) shall not be void, but the other provisions of this Section 9.4(e) shall apply. 

(ii) If any assignment or participation is made to any Disqualified Lender without the Parent Borrower’s prior written
consent in violation of clause (i) above, the Parent Borrower may, upon notice to the applicable Disqualified Lender and the Agent, (A) terminate any Revolving Credit Commitment of such Disqualified Lender and repay all obligations of the
Borrowers owing to such Disqualified Lender in connection with such Revolving Credit Commitment, and/or (B) require such Disqualified Lender to assign (and the signature of such Disqualified Lender shall not be required on any such assignment),
without recourse (in accordance with and subject to the restrictions contained in this Section 9.4), all of its interest, rights and obligations under this Agreement to one or more Eligible Assignees at the lesser of (x) the
principal amount thereof and (y) the amount that such Disqualified Lender paid to acquire such interest, rights and obligations, in each case, plus accrued interest, accrued fees and all other amounts (other than principal amounts) payable to
it hereunder (it being understood and agreed that the Parent Borrower shall not have any obligation to such Disqualified Lender or any other Person to find such a replacement Lender or accept or consent to any such assignment to itself or any other
Person subject to the Parent Borrower’s consent in accordance with Section 9.4). 
 (iii) Notwithstanding
anything to the contrary contained in this Agreement, Disqualified Lenders (A) will not (x) have the right to request any information, reports or other materials or receive information, reports or other materials provided to Lenders
by the Parent Borrower, the Agent or any other Lender, (y) attend or participate in meetings or inspections attended by the Lenders and the Agent or request such meetings or inspections, or (z) access any electronic site established for
the Lenders or confidential communications from counsel to or financial advisers of the Agent or the Lenders and (B) (x) shall not have any voting or approval rights under the Loan Documents and shall be excluded in determining whether all
Lenders (or all Lenders of any Class), all affected Lenders (or all affected Lenders of any Class), or the Required Lenders or Required Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to
Section 9.2); provided that (I) the Revolving Credit Commitment of any Disqualified Lender may not be increased or extended without the consent of such Lender and (II) any waiver, amendment or modification
requiring the consent of all Lenders or each affected Lender that affects any Disqualified Lender adversely and in a manner that is disproportionate to other affected Lenders shall require the consent of such Disqualified Lender, and (y) for
purposes of voting on any bankruptcy plan, each Disqualified Lender party hereto hereby agrees (1) not to vote on such bankruptcy plan, (2) if such Disqualified Lender does vote on such bankruptcy plan notwithstanding the restriction in
the foregoing clause (1), such vote will be deemed not to be in good faith and shall be “designated” pursuant to Section 1126(e) of the Bankruptcy Code (or any similar provision in any other Debtor Relief Laws), and such vote
shall not be counted in determining whether the applicable class has accepted or 

  
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rejected such bankruptcy plan in accordance with Section 1126(e) of the Bankruptcy Code (or any similar provision in any other Debtor Relief Laws) and (3) not to contest any request by
any party for a determination by the Bankruptcy Court (or other applicable court of competent jurisdiction) effectuating the foregoing clause (2). 

Section 9.5. Survival. All covenants, agreements, representations and warranties made by the Borrowers herein and in the
certificates or other instruments delivered in connection with or pursuant to this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement and the making of
any Loans and issuance of any Letters of Credit, regardless of any investigation made by any such other party or on its behalf and notwithstanding that the Agent, the Swingline Lender, any Issuing Bank or any Lender may have had notice or knowledge
of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other amount payable
under this Agreement is outstanding and unpaid or any Letter of Credit is outstanding and so long as the Revolving Credit Commitments have not expired or terminated. The provisions of Sections 2.14, 2.15, 2.16 and 9.3 and
Section VIII shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans, the expiration or termination of the Letters of Credit and the Revolving Credit
Commitments or the termination of this Agreement or any provision hereof. 
 Section 9.6. Counterparts; Integration;
Effectiveness. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This
Agreement, the other Loan Documents and any separate letter agreements with respect to fees payable to the Agent 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 4.1, this Agreement shall become effective when it shall have been executed by the Agent and when the Agent shall have received
counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an
executed counterpart of a signature page of this Agreement by facsimile or other electronic transmission (e.g., “PDF” or “TIFF”) shall be effective as delivery of a manually executed counterpart of this Agreement.

 Section 9.7. Severability. Any provision of this Agreement held to be invalid, illegal or unenforceable in any jurisdiction
shall, as to such jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof; and the invalidity of a particular
provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 
 Section 9.8. Right of
Setoff. If an Event of Default shall have occurred and be continuing, each Lender is hereby authorized at any time and from time to time with the prior written consent of the Agent (which consent shall not be required in connection with
customary set-offs in connection with Cash Management Obligations and Specified Swap Contracts), to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time

  
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or demand, provisional or final) (excluding any Exempt Account) at any time held and other obligations at any time owing by such Lender to or for the credit or the account of the applicable
Borrower against any of and all the obligations of the applicable Borrower now or hereafter existing under this Agreement held by such Lender, irrespective of whether or not such Lender shall have made any demand under this Agreement and although
such obligations may be unmatured. The rights of each Lender under this Section 9.8 are in addition to other rights and remedies (including other rights of setoff) which such Lender may have. Each Lender shall notify the Agent and the
Borrower Representative promptly after any such setoff. Notwithstanding anything to the contrary in the foregoing, no Lender shall exercise any right of set off in respect of any Controlled Account other than the Agent acting in their capacity as
such. 
 Section 9.9. Governing Law; Jurisdiction; Consent to Service of Process. 

(a) This Agreement and any claim, controversy, dispute or cause of action (whether in contract or tort or otherwise) based upon, arising out of
or relating to this Agreement and the transactions contemplated hereby shall be construed in accordance with and governed by the law of the State of New York. 

(b) Each of the parties hereto hereby irrevocably and unconditionally submits, for itself and its property, to the exclusive jurisdiction of
the Supreme Court 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 hereby irrevocably and unconditionally agrees that all claims in respect of any such action or proceeding shall be heard and
determined in such New York State or, to the extent permitted by 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. Notwithstanding the foregoing, any party hereto may bring an action or proceeding in other jurisdictions in respect of its rights under any Security Document governed by a law other than
the laws of the State of New York or, with respect to the Collateral, in a jurisdiction where such Collateral is located. 
 (c) Each party
to this Agreement hereby irrevocably and unconditionally waives, to the fullest extent it may legally and effectively do so, any objection which they may now or hereafter have to the laying of venue of any suit, action or proceeding arising out of
or relating to this Agreement or any other Loan Document in any court referred to in paragraph (b) of this Section 9.9. Each of the parties hereto hereby irrevocably waives, to the fullest extent permitted by law, the defense of an
inconvenient forum to the maintenance of such action or proceeding in any such court. 
 (d) Subject to clause (e) below, each party to
this Agreement irrevocably consents to service of process in the manner provided for notices in Section 9.1. Nothing in this Agreement or any other Loan Document will affect the right of any party to this Agreement to serve process in
any other manner permitted by law. 

  
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 Section 9.10. WAIVER OF JURY TRIAL. EACH PARTY HERETO HEREBY 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, ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY
(WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY 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 BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

Section 9.11. Headings. Section headings and the Table of Contents used herein are for convenience of reference only, are not part
of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 

Section 9.12. Confidentiality. 

(a) Each of the Agent, the Swingline Lender, each Issuing Bank and the Lenders agrees to maintain the confidentiality of the Information (as
defined below), except that Information may be disclosed (i) to its and its Affiliates’ (other than its Excluded Affiliates’) employees, legal counsel, independent auditors, professionals and other experts or agents (it being
understood that (x) 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 and (y) the applicable Agent or Lender disclosing such
information shall be responsible for the compliance of its Affiliates and its Affiliates’ employees, legal counsel, auditors, professionals and other experts or agents with this Section 9.12), (ii) to the extent requested or
demanded by any regulatory authority claiming jurisdiction over it or its Affiliates (provided, that the Agent, the Swingline Lender, such Issuing Bank or such Lender, as applicable, shall, except with respect to any audit or examination
conducted by bank accountants or any governmental bank regulatory authority exercising examination or regulatory authority, promptly notify the Borrower Representative, in advance, to the extent lawfully permitted to do so), (iii) pursuant to the
order of any court or administrative agency or in any pending legal, judicial or administrative proceeding, or otherwise as required by applicable law or compulsory legal process based on the advice of counsel (provided, that the Agent, the
Swingline Lender, such Issuing Bank or such Lender, as applicable, shall notify the Borrower Representative promptly thereof prior to any such disclosure by such Person (except with respect to any audit or examination conducted by bank accountants
or any governmental bank regulatory authority exercising routine examination or regulatory authority) to the extent practicable and not prohibited by applicable law, rule or regulation), (iv) to any other party to this Agreement, (v) as
reasonably determined to be necessary, in connection with the exercise of any remedies hereunder or any suit, action or proceeding relating to this Agreement or the enforcement of rights hereunder, (vi) to bona fide or potential assignee,
transferee or participant in connection with the contemplated assignment, transfer or participation of any Loans or any participations therein or by any direct or indirect contractual counterparties (or the professional advisors thereto) to any Swap
Contract relating to 

  
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the Borrowers and their obligations (provided, that such assignees, transferees, participants, counterparties and advisors are advised of and agree to be bound by either the provisions of
this Section 9.12 or other provisions at least as restrictive as this Section 9.12), (vii) to the extent that such information is independently developed by it, (viii) with the prior written consent of the Borrower
Representative, (ix) to the extent such Information (A) becomes available other than as a result of a breach of this Section 9.12 to the Agent, the Swingline Lender, any Issuing Bank or any Lender on a nonconfidential basis
from a source other than the Borrowers or any of their Affiliates or (B) to the extent that such information becomes publicly available other than by reason of improper disclosure by the Agent, the Swingline Lender, any Issuing Bank or any
Lender or any of their Affiliates or any related parties thereto in violation of any confidentiality obligations owing to Sponsor, the Permitted Investors, the Parent Borrower or any of their respective affiliates, (x) on a confidential basis
to (A) any rating agency in connection with rating Holdings, the Borrowers or their Subsidiaries or the Revolving Credit Facilities or market data collectors, similar services, providers to the lending industry and service providers to the
Agent in connection with the administration and management of this Agreement and the Loan Documents, (xi) to the extent necessary or customary for inclusion in league table measurement and (xii) for purposes of establishing a “due
diligence” defense. For the purposes of this Section 9.12, “Information” means all information received from Holdings, the Borrowers or any of their Affiliates relating to the Borrowers or any of their Subsidiaries
or businesses, other than any such information that is available other than as a result of a breach of this Section 9.12 to the Agent, the Swingline Lender, any Issuing Bank or any Lender on a nonconfidential basis prior to disclosure by
a Borrower; provided, that, in the case of information received from a Borrower after the date hereof, such information is clearly identified on or before the time of delivery as confidential. Any Person required to maintain the
confidentiality of Information as provided in this Section 9.12 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 which shall in no event be less than commercially reasonable care. 

Section 9.13. PATRIOT Act; Canadian Anti-Money Laundering. 

(a) Each Lender that is subject to the requirements of the PATRIOT Act hereby notifies the Borrowers that pursuant to the requirements of the
PATRIOT Act, it may be required to obtain, verify and record information that identifies the Borrowers, which information includes the name and address of the Borrowers and other information that will allow such Lender to identify the Borrowers in
accordance with the PATRIOT Act. 
 (b) If the Agent has ascertained the identity of any Canadian Loan Party or any authorized signatories
of any Canadian Loan Party for the purposes of applicable Canadian Anti-Money Laundering Laws, then the Agent: (i) shall be deemed to have done so as an agent for each Lender, and this Agreement shall constitute a “written agreement”
in such regard between each Lender and the Agent within the meaning of the applicable Canadian Anti-Money Laundering Laws; and (ii) shall provide to each Lender copies of all information obtained in such regard without any representation or
warranty as to its accuracy or completeness. Notwithstanding the preceding sentence and except as may otherwise be agreed in writing, each of the Lenders agrees that the Agent has no obligation to ascertain the identity of the Canadian Loan Parties
or any authorized signatories of the Canadian Loan Parties on behalf of any Lender, or to confirm the completeness or accuracy of any information it obtains from any Canadian Loan Party or any such authorized signatory in doing so. 

  
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 Section 9.14. Release of Liens and Guarantees; Secured Parties. 

(a) In the event that any Loan Party conveys, sells, leases, assigns, transfers or otherwise Disposes of all or any portion of any of the
Capital Stock or assets of any Loan Party to a Person that is not (and is not required hereunder to become) a Loan Party in a transaction permitted under this Agreement, the Liens created by the Loan Documents in respect of such Capital Stock or
assets shall automatically terminate and be released, without the requirement for any further action by any Person and the Agent shall promptly (and the Lenders hereby authorize the Agent to) take such action and execute any such documents as may be
reasonably requested by the Borrower Representative and at the Parent Borrower’s expense to further document and evidence such termination and release of Liens created by any Loan Document in respect of such Capital Stock or assets. In the
event that any Capital Stock or other asset Collateral has become, or is becoming, an Excluded Asset, then, at the request of the Borrower Representative or any Borrower, the Agent agree to promptly (and the Lenders hereby authorize the Agent to)
take such action and execute such documents as may be reasonably requested by the Borrower Representative or any Borrower, and at the Borrowers’ expense, to terminate, discharge and release (or to further document and evidence the termination,
discharge and release of) the Liens created by any Loan Document in respect of such assets. In the case of a transaction permitted under this Agreement the result of which is that a Loan Party would cease to be a Restricted Subsidiary or would
become an Excluded Subsidiary (or in case any Restricted Subsidiary otherwise becomes an Excluded Subsidiary or the Parent Borrower elects that any Discretionary Guarantor that would otherwise constitute an Excluded Subsidiary cease to be a
Discretionary Guarantor), the Guarantee Obligations created by the Loan Documents in respect of such Loan Party (and all security interests granted by such Guarantor under the Loan Documents) shall automatically terminate and be released, without
the requirement for any further action by any Person and the Agent shall promptly (and the Lenders hereby authorize the Agent to) take such action and execute any such documents as may be reasonably requested by the Borrower Representative and at
the Parent Borrower’s expense to further document and evidence such termination and release of such security interests and such Loan Party’s Guarantee Obligations in respect of the Obligations (including its Guarantee Obligations under the
US Guarantee and Collateral Agreement or the Canadian Guarantee and Collateral Agreement). Any representation, warranty or covenant contained in any Loan Document relating to any such Capital Stock, asset or subsidiary of any Loan Party shall no
longer be deemed to be made with respect thereto once such Capital Stock or asset or Subsidiary is so conveyed, sold, leased, assigned, transferred or disposed of. 

(b) Upon the payment in full of the Obligations and the termination or expiration of the Revolving Credit Commitments, all Liens created by
the Loan Documents shall automatically terminate and be released, without the requirement for any further action by any Person and the Agent shall promptly (and the Lenders hereby authorize the Agent to) take such action and execute any such
documents as may be reasonably requested by the Borrower Representative and at the Parent Borrower’s expense to further document and evidence such termination and release of Liens created by the Loan Documents (including by way of assignment),
and the Guarantee Obligations created by the Loan Documents in respect of the Guarantors shall automatically 

  
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terminate and be released, without the requirement for any further action by any Person and the Agent shall promptly (and the Lenders hereby authorize the Agent to) take such action and execute
any such documents as may be reasonably requested by the Borrower Representative and at the Parent Borrower’s expense to further document and evidence such termination and release of the Guarantors’ Guarantee Obligations in respect of the
Obligations (including the Guarantee Obligations under the US Guarantee and Collateral Agreement and the Canadian Guarantee and Collateral Agreement). 

(c) Except with respect to the exercise of setoff rights of any Lender in accordance with Section 9.8 or with respect to a
Lender’s right to file a proof of claim in an insolvency proceeding, no Secured Party shall have any right individually to realize upon any of the Collateral or to enforce any guarantee of the Obligations, it being understood and agreed that
all powers, rights and remedies under the Loan Documents may be exercised solely by the Agent on behalf of the Secured Parties in accordance with the terms thereof. In the event of a foreclosure by the Agent on any of the Collateral pursuant to a
public or private sale or other disposition, the Agent or any Lender may be the purchaser or licensor of any or all of such Collateral at any such sale or other disposition, and the Agent, as agent for and representative of the Secured Parties (but
not any Lender or Lenders in its or their respective individual capacities unless the Required Lenders shall otherwise agree in writing) 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 at any such public sale, to use and apply any of the Obligations as a credit on account of the purchase price for any collateral payable by the Agent on behalf of the Secured Parties at such sale or other
disposition. In furtherance of the foregoing, no Swap Contract the obligations under which constitute Specified Swap Contract obligations and no other agreements the obligations under which constitute Cash Management Obligations, in each case will
create (or be deemed to create) in favor of any Secured Party that is a party thereto any rights in connection with the management or release of any Collateral or of the obligations of any Loan Party under this Agreement or any other Loan Document.
By accepting the benefits of the Collateral, each Secured Party that is a party to any such Swap Contract or such agreement in respect of Cash Management Services shall be deemed to have appointed the Agent to serve as administrative agent and
collateral agent, as applicable, under the Loan Documents and agreed to be bound by the Loan Documents as a Secured Party thereunder, subject to the limitations set forth in this paragraph. 

Section 9.15. [Reserved]. 

Section 9.16. No Fiduciary Duty. The Agent, the Swingline Lender, each Issuing Bank each Lender and their respective Affiliates
(collectively, solely for purposes of this paragraph, the “Lender Parties”) may have economic interests that conflict with those of the Loan Parties, their stockholders and/or their affiliates. Each Loan Party agrees that nothing in
the Loan Documents or otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between any Lender Parties, on the one hand, and such Loan Party, its stockholders or its affiliates, on the
other. The Loan Parties acknowledge and agree that (i) the transactions contemplated by the Loan Documents (including the exercise of rights and remedies hereunder and thereunder) are arm’s-length
commercial transactions between the Lender Parties, on the one hand, and the Loan Parties, on the other and (ii) in connection therewith and with the process leading thereto, (x) no Lender Parties have assumed any advisory

  
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or fiduciary responsibility in favor of any Loan Party, its stockholders or its affiliates with respect to the transactions contemplated hereby (or the exercise of rights or remedies with respect
thereto) or the process leading thereto (irrespective of whether any Lender Parties have advised, are currently advising or will advise any Loan Party, its stockholders or its Affiliates on other matters) or any other obligation to any Loan Party
except the obligations expressly set forth in the Loan Documents and (y) the Lender Parties are acting solely as principals and not as the agents or fiduciaries of any Loan Party, its management, stockholders, creditors or any other Person.
Each Loan Party acknowledges and agrees that it has consulted its own legal and financial advisors to the extent it deemed appropriate and that it is responsible for making its own independent judgment with respect to such transactions and the
process leading thereto. Each Loan Party agrees that it will not claim that the Lender Parties have rendered advisory services of any nature or respect, or owe a fiduciary or similar duty to such Loan Party, in connection with such transaction or
the process leading thereto. 
 Section 9.17. Interest Rate Limitation. Notwithstanding anything to the contrary contained in
any Loan Document, but subject to Section 2.12(h) hereof, 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 Agent, the Swingline Lender, any Issuing Bank 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 applicable Borrower. In determining whether the interest contracted for, charged, or received by the Agent, the Swingline Lender, a Lender or an Issuing Bank 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. 

Section 9.18. Intercreditor Agreements. 

(a) The Agent is authorized and directed to, to the extent required or permitted by the terms of the Loan Documents, (x) enter into
(i) any Security Document, (ii) the ABL Intercreditor Agreement and the Closing Date Factoring Facility Intercreditor Agreement and (iii) any other Intercreditor Agreement or subordination agreement contemplated hereunder,
(y) subordinate any Lien on any property granted to or held by the Agent and (z) make or consent to any filings or take any other actions in connection therewith (and any amendments, amendments and restatements, restatements or waivers of
or supplements to or other modifications to, such agreements in connection with the incurrence by any Loan Party of any Indebtedness of such Loan Party that is permitted to be incurred and secured pursuant to Sections 6.2 and 6.3, in
order to permit such Indebtedness to be secured by a valid, perfected lien on the Collateral (with such priority as may be designated by such Loan Party, to the extent such priority is permitted by the Loan Documents)), and the parties hereto
acknowledge that the ABL Intercreditor Agreement, the Closing Date Factoring Facility Intercreditor Agreement and any other Intercreditor Agreement or subordination agreement contemplated hereunder, any Security Document, and any consent, filing or
other action will be binding upon them. Each of the Lenders (including in its capacities as a Lender and Issuing Bank (if applicable)) and each of the Secured Parties (a) hereby agrees that it will be bound by and will take no actions contrary
to the provisions of the 

  
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ABL Intercreditor Agreement, the Closing Date Factoring Facility Intercreditor Agreement or any other Intercreditor Agreement or subordination agreement contemplated hereunder (if entered into)
and (b) hereby authorizes and instructs the Agent to enter into the ABL Intercreditor Agreement, the Closing Date Factoring Facility Intercreditor Agreement and any other Intercreditor Agreements or subordination agreements contemplated
hereunder or any Security Document (and any amendments, amendments and restatements, restatements or waivers of or supplements to or other modifications to, such agreements in connection with the incurrence by any Loan Party of any Indebtedness of
such Loan Party that is permitted to be incurred and secured pursuant to Sections 6.2 and 6.3, in order to permit such Indebtedness to be secured by a valid, perfected lien on the Collateral (with such priority as may be designated by
such Loan Party, to the extent such priority is permitted by the Loan Documents)), and to subject the Liens on the Collateral securing the Obligations to the provisions thereof. 

(b) Notwithstanding anything to the contrary set forth herein or in any other Loan Document, prior to the payment in full of the First Lien
Obligations to the extent that any Loan Party is required to give physical possession over any Collateral (other than ABL Priority Collateral) to the Agent under this Agreement or the other Loan Documents, such requirement to give possession shall
be satisfied if such Collateral is delivered to and held by the First Lien Notes Collateral Agent pursuant to the ABL Intercreditor Agreement or any other applicable Intercreditor Agreement entered into after the Third Amendment Effective Date. 

Section 9.19. Posting of Margin and Collateral. Notwithstanding anything to the contrary in this Agreement or any Loan Document,
to the extent that any Group Member or counterparty to a Swap Contract is required to post any margin or collateral under a Swap Contract as a result of any regulatory requirement, swap clearing organization rule, or other similar regulation, rule,
or requirement, (i) a Group Member shall be permitted to make payments of such margin or collateral to the counterparty in satisfaction of any such regulation, rule, or requirement; and (ii) if any such counterparty posts any such margin
or collateral with any Group Member, such margin or collateral shall not be subject to any cash trap, cash sweep, or other cash management provision or restriction in any Loan Document, save and except any pledge or assignment of such hedging
agreement, with the express intention that the relevant Group Member shall be permitted to receive, return (including any return payment), or apply such margin or collateral in accordance with the relevant Swap Contract; provided,
however, that such Group Member shall not use any such margin or collateral for any other purpose than in accordance with the relevant Swap Contract. 

Section 9.20. Acknowledgement and Consent to Bail-In of Affected Financial Institutions.
Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Affected Financial Institution arising under any
Loan 

  
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Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and
agrees to be bound by: 
 (a) the application of any Write-Down and Conversion Powers by the applicable Resolution Authority to any such
liabilities arising hereunder which may be payable to it by any party hereto that is an Affected Financial Institution; and 
 (b) the
effects of any Bail-in Action on any such liability, including, if applicable; 
 (i)
a reduction in full or in part or cancellation of any such liability; 
 (ii) a conversion of all, or a portion of, such
liability into shares or other instruments of ownership in such Affected Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of
ownership will be accepted by it in lieu of any rights with respect to any such liability under this Agreement or any other Loan Document; or 

(iii) the variation of the terms of such liability in connection with the exercise of the write-down and conversion powers of
the applicable Resolution Authority. 
 Section 9.21. Judgment Currency. Each of the Loan Parties’ obligations hereunder
and under the other Loan Documents to make payments in any applicable currency (the “Obligation Currency”) shall not be discharged or satisfied by any tender or recovery pursuant to any judgment expressed in or converted into any
currency other than the Obligation Currency, except to the extent that such tender or recovery results in the effective receipt by the Agent or the respective Lender of the full amount of the Obligation Currency expressed to be payable to the Agent
or such Lender under this Agreement or any other Loan Documents. If, for the purpose of obtaining or enforcing judgment against any of the Loan Parties in any court or in any jurisdiction, it becomes necessary to convert into or from any currency
other than the Obligation Currency (such other currency being hereinafter referred to as the “Judgment Currency”) an amount due in the Obligation Currency, the conversion shall be made at the Spot Rate determined, in each case, as
of the Business Day immediately preceding the day on which the judgment is given (such Business Day being hereinafter referred to as the “Judgment Currency Conversion Date”). If there is a change in the rate of exchange prevailing
between the Judgment Currency Conversion Date and the date of actual payment of the amount due, the applicable Group Member party hereto covenants and agrees to pay, or cause to be paid, such additional amounts, if any (but in any event not a lesser
amount) as may be necessary to ensure that the amount paid in the Judgment Currency, when converted at the rate of exchange prevailing on the date of payment, will produce the amount of the Obligation Currency which could have been purchased with
the amount of Judgment Currency stipulated in the judgment or judicial award at the rate of exchange prevailing on the Judgment Currency Conversion Date. For purposes of determining any other rate of exchange for this Section 9.21, such
amounts shall include any premium and costs payable in connection with the purchase of the Obligation Currency. 
 Section 9.22.
Allocations. Notwithstanding any provision of any Loan Document to the contrary (including any provision that would otherwise apply notwithstanding other provisions or that is the beneficiary of other overriding language), (i) no more than
65% of the issued and outstanding voting Capital Stock of each Domestic Foreign Holdco that is directly owned by a US Borrower or by any US Subsidiary Guarantor and no more than 65% of the issued and outstanding voting Capital Stock of each CFC that
is directly owned by a US Borrower or by any 

  
 230 

 
US Subsidiary Guarantor shall be pledged or similarly hypothecated to guarantee or support any Obligation of the US Loan Parties, (ii) no CFC or Subsidiary of any CFC (or any Domestic
Foreign Holdco) shall guarantee or support any Obligation of the US Loan Parties, (iii) no security or similar interest shall be granted in the assets of any CFC or Subsidiary of any CFC (or any Domestic Foreign Holdco) with respect to the US
Loan Parties, which security or similar interest guarantees or supports any Obligation of the US Loan Parties, and (iv) no CFC or Subsidiary of any CFC (or any Domestic Foreign Holdco) with respect to the US Loan Parties shall be required to
make any payment on behalf of the US Loan Parties hereunder. 
 Section 9.23. Acknowledgement Regarding Any Supported QFCs. To
the extent that the Loan Documents provide support, through a guarantee or otherwise, for Swap Contracts or any other agreement or instrument that is a QFC (such support, “QFC Credit Support” and each such QFC a “Supported
QFC”), the parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank Wall Street Reform and Consumer
Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below applicable notwithstanding that the Loan
Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): 

(a) In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject to a proceeding
under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in property securing
such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit Support (and any such
interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding under a U.S. Special
Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater extent than such
Default Rights could be exercised under the 
 (b) U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed
by the laws of the United States or a state of the United States. Without limitation of the foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any
Covered Party with respect to a Supported QFC or any QFC Credit Support. 

  
 231 

 SECTION X 

ADDITIONAL LOAN PARTIES AND OBLIGATIONS 

Section 10.1. Additional Borrowers. At any time after the Closing Date, so long as no Event of Default has occurred and is
continuing or would immediately result therefrom, any Wholly-Owned Domestic Subsidiary may elect to be added as an Additional US Borrower hereunder and any Wholly-Owned Canadian Subsidiary may elect to be added as an Additional Canadian Borrower
hereunder, in each case, upon delivery to the Agent of a Notice of Additional Borrower as follows: 
 (a) such Group Member shall be deemed
a “Borrower” and (x) in the case of any Domestic Subsidiary, a “US Borrower” and (y) in the case of any Canadian Subsidiary, a “Canadian Borrower”, hereunder and under the Loan Documents with respect to
the Revolving Credit Facility subject to the receipt by the Agent, in form and substance satisfactory to the Agent, of joinder and any other documentation reasonably requested by the Agent with respect to such Additional Borrower, including any
promissory notes requested by a Lender through the Agent and written opinions of the Loan Parties’ counsel; 
 (b) such Additional
Borrower shall deliver the documents required by Section 5.9 with respect thereto; and 
 (c) as a condition to the
effectiveness of any joinder of any Additional Borrower, such Additional Borrower shall deliver all documentation and other information reasonably requested in writing by each Lender within ten (10) Business Days following receipt of such
Notice of Additional Borrower to satisfy requirements under applicable “know your customer” and anti-money-laundering rules and regulations, including the Beneficial Ownership Regulation, the PATRIOT Act (in the case of any
Additional US Borrower) and Canadian Anti-Money Laundering Laws (in the case of any Additional Canadian Borrower). 
 Section 10.2.
Discretionary Guarantors. At any time after the Closing Date, the Borrower Representative may elect to add a Group Member that is an Excluded Subsidiary or any other Person reasonably satisfactory to the Agent to be added as an additional
guarantor and a Loan Party (a “Discretionary Guarantor”) as follows: 
 (a) the Borrower Representative shall provide a
Notice of Additional Guarantor to the Agent of their intention to add any Discretionary Guarantor at least ten (10) Business Days (or such shorter period as the Agent may reasonably agree) prior to the date of the proposed addition; 

(b) consent of the Agent shall be required to approve any such addition (such consent not to be unreasonably withheld or delayed, but which
may be withheld if the Agent reasonably determines that such Discretionary Guarantor is organized under the laws of a jurisdiction (i) where the amount and enforceability of the contemplated guarantee that may be entered into by a Person
organized in the relevant jurisdiction is materially and adversely limited by applicable law or contractual limitations, (ii) where the security interests (and the enforceability thereof) that may be granted with respect to assets (or various
classes of assets) located in the relevant jurisdiction are materially and adversely limited by applicable law or (iii) that is not a member of 

  
 232 

 
the Organization for Economic Cooperation and Development or is the target of any Sanctions; provided, that no such consent shall be required for the addition of any Discretionary
Guarantor organized under the laws of the United States); 
 (c) the Borrower Representative and such Discretionary Guarantor shall deliver
the documents required by Section 5.9, at the time such Group Member or other Person becomes a Discretionary Guarantor (or such later date as the Agent may reasonably agree) with respect to each such additional Guarantor (and solely for
purposes of Section 5.9(c) and the Security Documents, such Subsidiary shall be deemed to have been acquired at the time such Notice of Additional Guarantor is received by the Agent); and 

(d) as a condition to the effectiveness of any joinder of any Discretionary Guarantor, such Discretionary Guarantor shall deliver opinions,
board resolutions and officers’ certificates and/or reaffirmation agreements consistent with those delivered on the Closing Date under Section 4.1 and all other documentation and other information, in each case as reasonably
requested in writing by the Agent or any Lender within five (5) Business Days following receipt of such Notice of Additional Guarantor to satisfy requirements under applicable “know your customer” and anti-money-laundering
rules and regulations, including, the PATRIOT Act (in the case of any Additional US Borrower) and Canadian Anti-Money Laundering Laws (in the case of any Additional Canadian Borrower). 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

  
 233 

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

			
	 SPECIALTY BUILDING PRODUCTS INTERMEDIATE II, LLC,

as Holdings

		
	By:	 	
                     
           

	Name:	 	
	Title:	 	
	
	 SPECIALTY BUILDING PRODUCTS HOLDINGS, LLC,

as the Parent Borrower, the Borrower
 Representative and a US
Borrower

		
	By:	 	     

	Name:	 	
	Title:	 	
	
	 NOLL HOLDINGS, INC.,
 as a US
Borrower

		
	By:	 	     

	Name:	 	
	Title:	 	
	
	 KIRBY HOLDINGS, LLC,
 as a US
Borrower

		
	By:	 	     

	Name:	 	
	Title:	 	
	
	 U.S. LUMBER GROUP, LLC,
 as a
US Borrower

		
	By:	 	     

	Name:	 	
	Title:	 	

  

Signature Page to 

ABL Credit Agreement 

 
			
	 NILCO, LLC,
 as a US
Borrower

		
	By:	 	
                     
       

	Name:	 	
	Title:	 	
	
	POINT 2 POINT LOGISTICS LLC,
	as a US Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	
	
	TURK REALTY, LLC,
	as a US Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	
	
	MIDWEST LUMBER MINNESOTA, LLC,
	as a US Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	
	
	ALEXANDRIA MOULDING, INC.,
	as a US Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	

  

Signature Page to 

ABL Credit Agreement 

 
			
	 ALEXANDRIA NE LLC,
 as a US
Borrower

		
	By:	 	
                     
       

	Name:	 	
	Title:	 	
	
	ALEXANDRIA MW, LLC,
	as a US Borrower
		
	By:	 	     

	Name:	 	
	Title:	 	
	
	ALEXDIRECT, LLC,
	as a US Borrower
		
	By:	 	     

	Name:	 	
	Title:	 	
	
	NATIONAL SERVICE SOLUTIONS US, LLC,
	as a US Borrower
		
	By:	 	     

	Name:	 	
	Title:	 	

  

Signature Page to 

ABL Credit Agreement 

			
	EFFECTIVE IMMEDIATELY UPON CONSUMMATION OF THE ACQUISITION AND, IN THE CASE OF ALEXANDRIA MOULDING, THE AMALGAMATION:
	
	 MOULURE ALEXANDRIA MOULDING INC.,

as a Canadian Borrower

		
	By:	 	
                    

	Name:	 	
	Title:	 	
	
	NATIONAL SERVICE SOLUTIONS INC.,
	as a Canadian Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	
	
	ALEXDIRECT INC.,
	as a Canadian Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	
	
	ROYAL WOODWORKING CO. LIMITED,
	as a Canadian Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	
	
	AURORA TIMBERLAND WHOLESALE HARDWOOD LUMBER INC.,
	as a Canadian Borrower
		
	By:	 	      

	Name:	 	
	Title:	 	

  

Signature Page to 

ABL Credit Agreement 

 
			
	 BANK OF AMERICA, N.A.,
 as
the Agent, a US Revolving Credit Lender, an Issuing Bank and the US Swingline Lender

		
	By:	 	
                    

		 	Name:
		 	Title:
	
	 BANK OF AMERICA, N.A. (acting through its Canada branch),

as a Canadian Revolving Credit Lender, an Issuing Bank and the Canadian Swingline Lender

		
	By:	 	  

		 	Name:
		 	Title:

  

Signature Page to 

ABL Credit Agreement 

			
	 SUNTRUST BANK,
 as a US
Revolving Credit Lender and a Canadian Revolving Credit Lender

		
	By:	 	
                    

		 	Name:
		 	Title:

  

Signature Page to 

ABL Credit AgreementEX-10.2

 Exhibit 10.2 

EXECUTION VERSION 

SPECIALTY BUILDING PRODUCTS HOLDINGS, LLC 

and 
 SBP FINANCE CORP. 

as the Co-Issuers 

THE GUARANTORS PARTY HERETO FROM TIME TO TIME, 

as Guarantors 
 $600,000,000 

63⁄8% SENIOR SECURED NOTES DUE 2026 

 
  

INDENTURE 
 Dated as of
September 30, 2020 
  
  

ANKURA TRUST COMPANY, LLC 
 as
Trustee and Collateral Agent 
  
  

 

 TABLE OF CONTENTS 
  

							
	 	 	 	  	Page	 
	Article 1	  			
	DEFINITIONS AND INCORPORATION BY REFERENCE	  			
			
	 Section 1.01
	 	 Definitions
	  	 	1	 
	 Section 1.02
	 	 Other Definitions
	  	 	56	 
	 Section 1.03
	 	 Rules of Construction
	  	 	57	 
	 Section 1.04
	 	 Limited Condition Transactions
	  	 	58	 
	 Section 1.05
	 	 Certain Calculations under this Indenture
	  	 	60	 
	 Section 1.06
	 	 References to Agreements, Laws, Etc.
	  	 	62	 
		
	Article 2	  			
	THE NOTES	  			
			
	 Section 2.01
	 	 Form and Dating
	  	 	63	 
	 Section 2.02
	 	 Execution and Authentication
	  	 	64	 
	 Section 2.03
	 	 Registrar and Paying Agent
	  	 	64	 
	 Section 2.04
	 	 Paying Agent to Hold Money in Trust
	  	 	65	 
	 Section 2.05
	 	 Holder Lists
	  	 	65	 
	 Section 2.06
	 	 Transfer and Exchange
	  	 	65	 
	 Section 2.07
	 	 Replacement Notes
	  	 	74	 
	 Section 2.08
	 	 Outstanding Notes
	  	 	75	 
	 Section 2.09
	 	 Treasury Notes
	  	 	75	 
	 Section 2.10
	 	 Temporary Notes
	  	 	75	 
	 Section 2.11
	 	 Cancellation
	  	 	76	 
	 Section 2.12
	 	 Defaulted Interest
	  	 	76	 
	 Section 2.13
	 	 CUSIP, ISIN, Common Code Numbers
	  	 	76	 
		
	Article 3	  			
	REDEMPTION AND PREPAYMENT	  			
			
	 Section 3.01
	 	 Notices to Trustee
	  	 	76	 
	 Section 3.02
	 	 Selection of Notes to Be Redeemed or Purchased
	  	 	76	 
	 Section 3.03
	 	 Notice of Redemption
	  	 	77	 
	 Section 3.04
	 	 Effect of Notice of Redemption
	  	 	78	 
	 Section 3.05
	 	 Deposit of Redemption or Purchase Price
	  	 	78	 
	 Section 3.06
	 	 Notes Redeemed or Purchased in Part
	  	 	78	 
	 Section 3.07
	 	 Optional Redemption
	  	 	79	 
	 Section 3.08
	 	 Mandatory Redemption
	  	 	80	 
	 Section 3.09
	 	 Offer to Purchase by Application of Excess Proceeds
	  	 	80	 
		
	Article 4	  			
	COVENANTS	  			
			
	 Section 4.01
	 	 Payment of Notes
	  	 	82	 
	 Section 4.02
	 	 Maintenance of Office or Agency
	  	 	82	 
	 Section 4.03
	 	 Reports
	  	 	82	 
	 Section 4.04
	 	 Compliance Certificate
	  	 	85	 
	 Section 4.05
	 	 Taxes
	  	 	85	 
	 Section 4.06
	 	 Stay, Extension and Usury Laws
	  	 	85	 
	 Section 4.07
	 	 Restricted Payments
	  	 	86	 
	 Section 4.08
	 	 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
	  	 	93	 

  

  
 -i- 

							
	 	 	 	  	Page	 
			
	 Section 4.09
	 	Incurrence of Indebtedness and Issuance of Disqualified Stock or Preferred Stock	  	 	95	 
	 Section 4.10
	 	Asset Sales	  	 	102	 
	 Section 4.11
	 	Transactions with Affiliates	  	 	106	 
	 Section 4.12
	 	Liens	  	 	109	 
	 Section 4.13
	 	Offer to Repurchase Upon Change of Control	  	 	109	 
	 Section 4.14
	 	Future Guarantees	  	 	111	 
	 Section 4.15
	 	Designation of Restricted Subsidiaries and Unrestricted Subsidiaries	  	 	111	 
	 Section 4.16
	 	Changes in Covenants When Notes Rated Investment Grade	  	 	112	 
	 Section 4.17
	 	Holding Company Covenant	  	 	113	 
	 Section 4.18
	 	After-Acquired Property	  	 	114	 
		
	Article 5	  			
	SUCCESSORS	  			
			
	 Section 5.01
	 	Merger, Consolidation or Sale of Assets	  	 	114	 
	 Section 5.02
	 	Successor Corporation Substituted	  	 	115	 
		
	Article 6	  			
	DEFAULTS AND REMEDIES	  			
			
	 Section 6.01
	 	Events of Default	  	 	116	 
	 Section 6.02
	 	Acceleration	  	 	118	 
	 Section 6.03
	 	Other Remedies	  	 	118	 
	 Section 6.04
	 	Waiver of Past Defaults	  	 	119	 
	 Section 6.05
	 	Control by Majority	  	 	119	 
	 Section 6.06
	 	Limitation on Suits	  	 	119	 
	 Section 6.07
	 	Rights of Holders of Notes to Receive Payment	  	 	120	 
	 Section 6.08
	 	Collection Suit by Trustee	  	 	120	 
	 Section 6.09
	 	Restoration of Rights and Remedies	  	 	120	 
	 Section 6.10
	 	Trustee May File Proofs of Claim	  	 	120	 
	 Section 6.11
	 	Priorities	  	 	121	 
	 Section 6.12
	 	Undertaking for Costs	  	 	121	 
		
	Article 7	  			
	TRUSTEE	  			
			
	 Section 7.01
	 	Duties of Trustee	  	 	121	 
	 Section 7.02
	 	Rights of Trustee	  	 	122	 
	 Section 7.03
	 	Individual Rights of Trustee	  	 	123	 
	 Section 7.04
	 	Trustee’s Disclaimer	  	 	124	 
	 Section 7.05
	 	Notice of Defaults	  	 	124	 
	 Section 7.06
	 	Compensation and Indemnity	  	 	124	 
	 Section 7.07
	 	Replacement of Trustee	  	 	125	 
	 Section 7.08
	 	Successor Trustee by Merger, etc.	  	 	125	 
	 Section 7.09
	 	Eligibility; Disqualification	  	 	126	 
	 Section 7.10
	 	Security Documents; Intercreditor Agreements	  	 	126	 
	 Section 7.11
	 	Anti-Money Laundering	  	 	126	 
	 Section 7.12
	 	Limitation on Duty of Trustee in Respect of Collateral; Indemnification	  	 	126	 
		
	Article 8	  			
	LEGAL DEFEASANCE AND COVENANT DEFEASANCE	  			
			
	 Section 8.01
	 	Option to Effect Legal Defeasance and Covenant Defeasance	  	 	127	 
	 Section 8.02
	 	Legal Defeasance and Discharge	  	 	127	 
	 Section 8.03
	 	Covenant Defeasance	  	 	127	 

  

  
 -ii- 

							
	 	 	 	  	Page	 
			
	 Section 8.04
	 	Conditions to Legal or Covenant Defeasance	  	 	128	 
	 Section 8.05
	 	Deposited Money and Government Securities to be Held in Trust; Other Miscellaneous Provisions	  	 	129	 
	 Section 8.06
	 	Repayment to the Co-Issuers	  	 	129	 
	 Section 8.07
	 	Reinstatement	  	 	129	 
		
	Article 9	  			
	AMENDMENT, SUPPLEMENT AND WAIVER	  			
			
	 Section 9.01
	 	Without Consent of Holders of Notes	  	 	130	 
	 Section 9.02
	 	With Consent of Holder of Notes	  	 	131	 
	 Section 9.03
	 	Net Short Holders	  	 	133	 
	 Section 9.04
	 	Revocation and Effect of Consents	  	 	134	 
	 Section 9.05
	 	Notation on or Exchange of Notes	  	 	134	 
	 Section 9.06
	 	Trustee to Sign Amendments, etc.	  	 	134	 
		
	Article 10	  			
	NOTE GUARANTEES	  			
			
	 Section 10.01
	 	Guarantee	  	 	135	 
	 Section 10.02
	 	Limitation on Guarantor Liability	  	 	136	 
	 Section 10.03
	 	Execution and Delivery of Note Guarantee	  	 	136	 
	 Section 10.04
	 	Guarantors May Consolidate, etc., on Certain Terms	  	 	137	 
	 Section 10.05
	 	Releases	  	 	137	 
	 Section 10.06
	 	Independent Obligation	  	 	138	 
		
	Article 11	  			
	SATISFACTION AND DISCHARGE	  			
			
	 Section 11.01
	 	Satisfaction and Discharge	  	 	138	 
	 Section 11.02
	 	Application of Trust Money	  	 	139	 
		
	Article 12	  			
	COLLATERAL	  			
			
	 Section 12.01
	 	The Collateral	  	 	140	 
	 Section 12.02
	 	Release of Collateral	  	 	140	 
	 Section 12.03
	 	Suits to Protect the Collateral	  	 	141	 
	 Section 12.04
	 	Authorization of Receipt of Funds by the Trustee Under the Security Documents	  	 	141	 
	 Section 12.05
	 	Purchaser Protected	  	 	142	 
	 Section 12.06
	 	Powers Exercisable by Receiver or Trustee	  	 	142	 
	 Section 12.07
	 	Release Upon Termination of the Co-Issuers’ Obligations	  	 	142	 
	 Section 12.08
	 	Collateral Agent	  	 	142	 
	 Section 12.09
	 	Junior Lien Priority Intercreditor Agreements	  	 	148	 
		
	Article 13	  			
	MISCELLANEOUS	  			
			
	 Section 13.01
	 	Notices	  	 	148	 
	 Section 13.02
	 	Certificate and Opinion as to Conditions Precedent	  	 	150	 
	 Section 13.03
	 	Statements Required in Certificate or Opinion	  	 	150	 
	 Section 13.04
	 	Rules by Trustee and Agents	  	 	150	 
	 Section 13.05
	 	No Personal Liability of Directors, Officers, Employees and Equity Holders, including Members	  	 	150	 
	 Section 13.06
	 	Governing Law	  	 	150	 

  

  
 -iii- 

							
	 	 	 	  	Page	 
			
	 Section 13.07
	 	No Adverse Interpretation of Other Agreements	  	 	151	 
	 Section 13.08
	 	Successors	  	 	151	 
	 Section 13.09
	 	Severability	  	 	151	 
	 Section 13.10
	 	Intercreditor Agreements	  	 	151	 
	 Section 13.11
	 	Counterpart Originals	  	 	151	 
	 Section 13.12
	 	Table of Contents, Headings, etc.	  	 	151	 
	 Section 13.13
	 	Waiver of Jury Trial	  	 	152	 
	 Section 13.14
	 	Foreign Account Tax Compliance Act (FATCA)	  	 	152	 
	 Section 13.15
	 	Force Majeure	  	 	152	 

  

  
 -iv- 

 EXHIBITS 
  

			
	Exhibit A	  	FORM OF RULE 144A AND REGULATION S GLOBAL NOTE
	Exhibit B	  	FORM OF CERTIFICATE OF TRANSFER
	Exhibit C	  	FORM OF CERTIFICATE OF EXCHANGE
	Exhibit D	  	FORM OF NOTATION OF GUARANTEE
	Exhibit E	  	FORM OF SUPPLEMENTAL INDENTURE
	Exhibit F	  	FORM OF CERTIFICATE OF BENEFICIAL OWNERSHIP
	Exhibit G	  	FORM OF ABL INTERCREDITOR AGREEMENT
	Exhibit H	  	FORM OF PARI PASSU INTERCREDITOR AGREEMENT

  
 -v- 

 INDENTURE dated as of September 30, 2020 among Specialty Building Products Holdings,
LLC, a Delaware limited liability company (the “Company”), SBP Finance Corp., a Delaware corporation (“SBP Finance” and, together with the Company, each a “Co-Issuer” and collectively, the
“Co-Issuers”), Specialty Building Products Intermediate II, LLC, a Delaware limited liability company (the “Parent Guarantor”), the other Guarantors (as defined herein) party hereto from time to time, and Ankura
Trust Company, LLC, as trustee (in such capacity, together with any successor trustee, the “Trustee”) and as collateral agent (in such capacity, together with any successor collateral agent, the “Collateral Agent”).

 The Co-Issuers, the Parent Guarantor, the Guarantors, the Trustee and the Collateral Agent agree
as follows for the benefit of each other and for the equal and ratable benefit of the Holders (as defined herein) of (i) the 63⁄8% Senior Secured Notes due
2026 (the “Initial Notes”) and (ii) any additional Notes (“Additional Notes” and, together with the Initial Notes, the “Notes”) that may be issued after the Issue
Date: 
 ARTICLE 1 
 DEFINITIONS
AND INCORPORATION BY REFERENCE 
 Section 1.01 Definitions. 

“ABL Administrative Agent” means the administrative agent for the ABL Obligations Secured Parties, together with its
successors or co-agents in substantially the same capacity as may from time to time be appointed pursuant to the ABL Credit Agreement, together with its successors and permitted assigns under the ABL Credit
Agreement. Initially, the ABL Administrative Agent shall be Bank of America, N.A. 
 “ABL Cash Management Agreement” means
any (i) “Cash Management Control Agreement” (as defined in the ABL Credit Agreement or any comparable term in any other ABL Obligations Document) and (ii) other agreement, document or instrument between any Grantor or any subsidiary
of any Grantor and any ABL Obligations Secured Party (A) pursuant to which such ABL Obligations Secured Party provides Cash Management Services to any Grantor or any subsidiary of any Grantor and (B) with respect to which the obligations
thereunder constitute ABL Obligations in accordance with the applicable ABL Obligations Document. 
 “ABL Cash Management
Obligations” means any and all obligations of any Grantor or any subsidiary of any Grantor under any ABL Cash Management Agreement. 

“ABL Collateral Agent” means the collateral agent for the ABL Obligations Secured Parties, together with its successors or co-agents in substantially the same capacity as may from time to time be appointed pursuant to the ABL Credit Agreement, together with its successors and permitted assigns under the ABL Credit Agreement. Initially,
the ABL Collateral Agent shall be Bank of America, N.A. 
 “ABL Credit Agreement” means that certain ABL Credit Agreement
dated as of October 1, 2018, by and among Specialty Building Products Intermediate II, LLC, Specialty Building Products Holdings, LLC, Moulure Alexandria Moulding Inc., the other Borrowers from time to time party thereto, each Lender party
thereto and Bank of America, N.A., as amended by that certain First Amendment to ABL Credit Agreement, dated as of January 18, 2019 and that certain Second Amendment to ABL Credit Agreement, dated as of February 20, 2020 and as further
amended, restated, amended and restated or replaced in connection herewith, and including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and, in each case, as amended, restated,
supplemented, waived, renewed or otherwise modified from time to time, and (if designated by the Co-Issuers) as replaced (whether or not upon termination, and whether with the original lenders or otherwise),
restructured, repaid, refunded, refinanced or otherwise modified from time to time, including (if designated by the Co-Issuers) any agreement or indenture or commercial paper facilities with banks or other
institutional lenders or investors extending the maturity thereof, refinancing, replacing or otherwise restructuring all or any portion of the Indebtedness under such agreement or agreements or indenture or indentures or any successor or replacement
agreement or agreements or indenture or indentures or increasing the amount loaned or issued thereunder permitted under Section 4.09 or altering the maturity thereof or adding Restricted Subsidiaries as additional borrowers or guarantors
thereunder and whether by the same or any other agent, lender or group of lenders. 

  
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 “ABL Financing Documents” means the “ABL Obligations Documents”
as defined in the ABL Intercreditor Agreement. 
 “ABL Intercreditor Agreement” means the ABL Intercreditor Agreement,
dated as of September 30, 2020, among the Parent Guarantor, the other Grantors party thereto, the Collateral Agent and the ABL Collateral Agent, as may be amended, amended and restated, supplemented or otherwise modified from time to time in
accordance with the terms hereof and thereof, including pursuant to any joinder agreements thereto. 
 “ABL Obligations”
means all “Obligations” (as such term is defined in the ABL Credit Agreement) of the Co-Issuers and the other borrowers and each guarantor thereunder from time to time including any and all
obligations outstanding under, and all other obligations in respect of, any ABL Obligations Documents, to pay principal, premium (if any), interest (including Post-Petition Claims (as defined in the ABL Intercreditor Agreement) accruing after the
commencement of any Insolvency or Liquidation Proceeding (as defined in the ABL Intercreditor Agreement), regardless of whether or not allowed or allowable in such proceeding), penalties, fees, indemnifications, reimbursements (including
reimbursement obligations with respect to any letters of credit and bankers’ acceptance), damages and other liabilities payable under or in connection with the ABL Obligations Documents. For the avoidance of doubt, ABL Obligations shall include
ABL Cash Management Obligations and ABL Swap Obligations. 
 “ABL Obligations Collateral Documents” means, collectively,
the ABL Credit Agreement, any of the other “Security Documents” (or comparable terms) as defined in the ABL Credit Agreement and any other documents now existing or entered into after the date hereof that grant Liens on any assets or
properties of any Grantor to secure any ABL Obligations. 
 “ABL Obligations Documents” means, collectively, the
documentation in respect of the ABL Obligations, including the ABL Credit Agreement, the ABL Obligations Collateral Documents, the ABL Cash Management Agreements, the ABL Swap Contracts, and any other “Loan Documents” or comparable terms
as defined in the ABL Credit Agreement. 
 “ABL Priority Collateral” means all interests of a Co-Issuer and each Guarantor in the following Collateral, in each case whether now owned or existing or hereafter acquired or arising and wherever located, including (a) all rights of a Co-Issuer and each Guarantor to receive moneys due and to become due under or pursuant to the following, (b) all rights of a Co-Issuer and each Guarantor to receive
return of any premiums for or Proceeds of any insurance, indemnity, warranty or guaranty with respect to the following or to receive condemnation Proceeds with respect to the following, (c) all claims of a
Co-Issuer and each Guarantor for damages arising out of or for breach of or default under any of the following, and (d) all rights of a Co-Issuer and each Guarantor
to terminate, amend, supplement, modify or waive performance under any of the following, to perform thereunder and to compel performance and otherwise exercise all remedies thereunder: 

(i) all Accounts and other receivables; but for purposes of this clause (i) excluding rights to payment for any property
which specifically constitutes Fixed Asset Priority Collateral which has been or is to be sold, leased, licensed, assigned or otherwise disposed of; provided, however, that, for the avoidance of doubt, all rights to payment arising from any sale or
lease of Inventory, Goods or merchandise (other than Fixtures or Equipment) or the provision of services shall constitute ABL Priority Collateral; 

(ii) all Chattel Paper; 

(iii) all Deposit Accounts, Securities Accounts, Commodity Accounts and all other demand, deposit, time, savings, cash
management, passbook and similar accounts maintained with any bank or other financial institution and all cash, money, securities, Instruments and other investments deposited or required to be deposited in any of the foregoing (in each case, other
than a Collateral Proceeds Account, all monies, securities, Instruments and other investments held in a Collateral Proceeds Account or credited to a Collateral Proceeds Account which constitute Fixed Asset Priority Collateral, all identifiable
Proceeds of any Fixed Asset Priority Collateral and any accounts containing cash constituting Tax and Trust Funds); 

  
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 (iv) all Inventory, including any Inventory incorporating any Intellectual
Property, and the right to use Intellectual Property in connection with the processing or sale of Inventory or to the extent necessary to sell such Inventory, and all rights to receive payments, indebtedness and other obligations which arise as a
result of the sale or lease of Inventory, Goods or merchandise (in each case other than Fixtures or Equipment) or provision of services, including the right to payment of interest or finance charges; 

(v) all cash, Money and cash equivalents (other than identifiable Proceeds of the Fixed Asset Priority Collateral); 

(vi) to the extent evidencing or governing any of the items referred to in the preceding clauses (i) through (v), all
General Intangibles (including Contract Rights and customer contracts but excluding capital stock and any Intellectual Property to the extent such Intellectual Property is not attached to or necessary to sell any item of Inventory), letters of
credit (whether or not the respective letter of credit is evidenced by a writing), Letter-of-Credit Rights (to the extent perfected by the filing of a UCC financing
statement as a Supporting Obligation), Instruments and Documents; provided that to the extent any of the foregoing also relates to Fixed Asset Priority Collateral, only that portion related to the items referred to in the preceding clauses
(i) through (v) as being included in the ABL Priority Collateral shall be included in the ABL Priority Collateral: 

(vii) to the extent relating to any of the items referred to in the preceding clauses (i) through (vi), all insurance
(including business interruption insurance and the Proceeds thereof); provided that to the extent any of the foregoing also relates to Fixed Asset Priority Collateral only that portion related to the items referred to in the preceding clauses
(i) through (vi) as being included in the ABL Priority Collateral shall be included in the ABL Priority Collateral; 

(viii) to the extent relating to any of the items referred to in the preceding clauses (i) through (vii), all Supporting
Obligations; provided that to the extent any of the foregoing also relates to Fixed Asset Priority Collateral only that portion related to the items referred to in the preceding clauses (i) through (vii) as being included in the ABL Priority
Collateral shall be included in the ABL Priority Collateral; 
 (ix) to the extent relating to any of the items referred to
in the preceding clauses (i) through (viii), all Commercial Tort Claims; provided that to the extent any of the foregoing also relates to Fixed Asset Priority Collateral only that portion related to the items referred to in the preceding
clauses (i) through (viii) as being included in the ABL Priority Collateral shall be included in the ABL Priority Collateral; 

(x) all Documents, books and records, ledger cards, files, correspondence, including all books, databases, customer lists and
records related thereto, blueprints, technical specifications, manuals, computer software, computer printouts, tapes, disks and other electronic storage media and related data processing software and similar items that at any time evidence or
contain information relating to any of the Collateral or are otherwise necessary or helpful in the collection thereof or realization thereupon and any General Intangibles (including Contract Rights) or Instruments at any time evidencing or relating
to any of the foregoing; and 
 (xi) all cash Proceeds and, solely to the extent not constituting Fixed Asset Priority
Collateral, non-cash Proceeds, products, accessions to, substitutions or replacements for, rents and profits of or in respect of any of the foregoing (including all insurance, indemnity, guaranty and
condemnation proceeds) and all collateral security, guarantees and other collateral support given by any Person with respect to any of the foregoing. 
 All
terms used in this definition that are defined in the UCC and not defined elsewhere in the ABL Intercreditor Agreement have the meanings assigned to them in the UCC. 

“ABL Secured Parties” means, at any time, the Persons holding any ABL Obligations, including the ABL Administrative Agent and
the ABL Collateral Agent. 

  
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 “ABL Swap Contract” means any (i) “Hedge Agreement” (as defined
in the ABL Credit Agreement or any comparable term in any other ABL Obligations Document) and (ii) other Swap Contract between any Grantor or any subsidiary of any Grantor and any ABL Secured Party the obligations under which constitute ABL
Obligations in accordance with the applicable ABL Obligations Document. 
 “ABL Swap Obligations” means any and all
obligations of any Grantor or any subsidiary of any Grantor under any ABL Swap Contract. 
 “Acquired Debt” means, with
respect to any specified Person, 
 (i) Indebtedness of any other Person existing at the time such other Person is merged,
consolidated or amalgamated with or into, or became a Restricted Subsidiary of, such specified Person, including Indebtedness incurred by such Person in connection with, or in contemplation of, such other Person merging, amalgamating or
consolidating with or into, or becoming a Restricted Subsidiary of, such specified Person; provided, however, that any Indebtedness of such acquired Person that is redeemed, defeased, retired or otherwise repaid at the time of or immediately upon
consummation of the transactions by which such Person merges with or into, consolidates, amalgamates or otherwise combines with or becomes a Subsidiary of such Person shall not be considered to be Acquired Debt; and 

(ii) Indebtedness secured by a Lien encumbering any asset acquired by such specified Person. 

“Additional Assets” means: 

(i) any property or assets (other than Capital Stock) used or to be used by the Company, a Restricted Subsidiary or otherwise
useful in a Similar Business (it being understood that capital expenditures on property or assets already used in a Similar Business or to replace any property or assets that are the subject of such Asset Sale shall be deemed an investment in
Additional Assets); 
 (ii) the Capital Stock of a Person that is engaged in a Similar Business and becomes a Restricted
Subsidiary as a result of the acquisition of such Capital Stock by the Company or a Restricted Subsidiary; or 
 (iii)
Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary. 
 “Additional First Lien
Obligations” means any Indebtedness having Pari Passu Lien Priority relative to the Note Obligations with respect to the Collateral and is not secured by any other assets, except to the extent permitted by any applicable Intercreditor
Agreement then in effect; provided that an authorized representative of the holders of such Indebtedness shall have executed a joinder to each of the applicable Intercreditor Agreements then in effect, or if no Pari Passu Intercreditor Agreement is
then in effect, the Pari Passu Intercreditor Agreement and a joinder to the ABL Intercreditor Agreement. 
 “Additional First Lien
Secured Parties” means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations. 

“Additional Fixed Asset Obligations” means any Additional First Lien Obligations and any Permitted Junior Lien Obligations.

 “Affiliate” of any specified Person means any other Person directly or indirectly controlling or controlled by or under
direct or indirect common control with such specified Person. For purposes of this definition, “control,” as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise. For purposes of this definition, the terms “controlling,” “controlled by”
and “under common control with” have correlative meanings. 

  
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 “AHYDO Payment” means any mandatory prepayment or redemption pursuant to
the terms of any Indebtedness that is intended or designed to cause such Indebtedness not to be treated as an “applicable high yield discount obligation” within the meaning of Section 163(i) of the Code. 

“Applicable Lien” means (x) any Lien on the Collateral created pursuant to any First Lien Security Documents and
(y) any Lien on the Collateral created pursuant to any ABL Financing Document. 
 “Applicable Premium” means, with
respect to any Note on any redemption date, the greater of: 
 (i) 1.0% of the principal amount of the Note; and 

(ii) the excess of (to the extent positive): 

(1) the present value at such redemption date of (A) the redemption price of the Note at September 30, 2022 (such
redemption price being set forth in the table appearing in Section 3.07 and/or paragraph 5 of such Note), plus (B) all required interest payments due on the Note through September 30, 2022 (excluding accrued but unpaid interest (if
any) to the redemption date), computed using a discount rate equal to the Treasury Rate as of such redemption date plus 50 basis points; over 

(2) the outstanding principal amount of the Note. 

Calculation of the Applicable Premium will be made by the Co-Issuers or on behalf of the Co-Issuers by such Person as the Co-Issuers shall designate; provided that such calculation or the correctness thereof shall not be a duty or obligation of the Trustee. 

“Approved Bank” has the meaning specified in clause (iii) of the definition of “Cash Equivalents.” 

“Asset Sale” means: 

(i) the sale, lease, conveyance or other disposition of any assets or rights by the Parent Guarantor or any of its Restricted
Subsidiaries; provided, that the sale, lease, conveyance or other disposition of all or substantially all of the assets of the Parent Guarantor and its Restricted Subsidiaries taken as a whole will be governed by Section 4.13 and/or
Section 5.01 and not by the provisions of Section 4.10; and 
 (ii) the issuance of Equity Interests (other than
directors’ qualifying shares or shares or interests required to be held by foreign nationals or third parties to the extent required by applicable law or any Preferred Stock or Disqualified Stock of a Restricted Subsidiary of the Parent
Guarantor issued in compliance with the provisions of Section 4.09) by any of the Parent Guarantor’s Restricted Subsidiaries or the sale by the Parent Guarantor or any of its Restricted Subsidiaries of Equity Interests in any of the Parent
Guarantor’s Restricted Subsidiaries. 
 Notwithstanding the foregoing, none of the following items will be deemed to be an Asset Sale:

 (i) any single transaction that involves assets, properties or Equity Interests having a Fair Market Value of less than
the greater of (x) $10.00 million and (y) 10% of LTM EBITDA; 
 (ii) a transfer of assets between or among the Parent
Guarantor and its Restricted Subsidiaries; 
 (iii) an issuance or sale of Equity Interests by a Restricted Subsidiary of the
Parent Guarantor to the Parent Guarantor or to another Restricted Subsidiary of the Parent Guarantor; 

  
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 (iv) the sale, lease or other transfer of products, equipment, inventory,
services or accounts receivable in the ordinary course of business, the discount or forgiveness of accounts receivable or the conversion of accounts receivable into notes receivable in connection with the collection or compromise thereof, the
disposition of a business not comprising the disposition of an entire line of business and any sale or other disposition of surplus, damaged, worn-out or obsolete assets in the ordinary course of business, the
sale of property no longer used or useful in the conduct of the business of the Parent Guarantor or any of its Restricted Subsidiaries (including the abandonment or other disposition of intellectual property that is, in the reasonable judgment of
the Parent Guarantor, no longer economically practicable or commercially reasonable to maintain or used or useful in any material respect, taken as a whole, in the conduct of the business of the Parent Guarantor and its Restricted Subsidiaries taken
as whole) and dispositions to landlords of improvements made to leased real property pursuant to customary terms of leases entered into in the ordinary course of business; 

(v) licenses and sublicenses by the Parent Guarantor or any of its Restricted Subsidiaries of software or intellectual
property; 
 (vi) any surrender, termination or waiver of contract rights or settlement, release, waiver of, recovery on or
surrender of contract, tort or other claims of any kind; 
 (vii) the granting of Liens not prohibited by Section 4.12;

 (viii) the sale or other disposition of cash, Cash Equivalents or Investment Grade Securities; 

(ix) a Restricted Payment that does not violate Section 4.07 or a Permitted Investment or Section 5.01; 

(x) leases and subleases and licenses and sublicenses by the Parent Guarantor or any of its Restricted Subsidiaries of real or
personal property in the ordinary course of business; 
 (xi) any liquidation or dissolution of a Restricted Subsidiary of
the Parent Guarantor, provided that such Restricted Subsidiary’s direct parent is also either the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor and immediately becomes the owner of such Restricted Subsidiary’s assets;

 (xii) any financing transaction with respect to property built, acquired, replaced, repaired or improved (including any
reconstruction, refurbishment, renovation and/or development of real property) by the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor after the Issue Date, including, without limitation, Sale/Leaseback Transactions and
Securitization Transactions permitted by this Indenture; 
 (xiii) the sale or discount (with or without recourse) or the
granting of any option or other right to purchase, lease or otherwise acquire inventory, notes and delinquent accounts receivable in the ordinary course of business; 

(xiv) any issuance, sale, pledge or other disposition of Equity Interests in, or Indebtedness or other securities of, an
Unrestricted Subsidiary; 
 (xv) the sale, transfer, termination or other disposition of Hedging Obligations incurred in
compliance with this Indenture or the partial or total unwinding of any Cash Management Services or Hedging Obligations incurred in compliance with this Indenture; 

(xvi) sales of assets received by the Parent Guarantor or any of its Restricted Subsidiaries upon the foreclosure on a Lien;

 (xvii) any disposition of Securitization Assets or Receivables Assets, or participations therein, in connection with any
Qualified Securitization Transaction or Qualified Receivables Facility; 
 (xviii) any
trade-in of equipment by the Parent Guarantor or any of its Restricted Subsidiaries in exchange for other equipment; provided that in the good faith judgment of the Parent Guarantor or such Restricted
Subsidiary receives equipment having a Fair Market Value equal or greater than the equipment being traded in; 

  
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 (xix) dispositions arising from foreclosures, condemnations, expropriations,
eminent domain, seizure, nationalization or any similar action with respect to assets, and dispositions of property subject to casualty events (including, without limitation, resulting from any involuntary loss or damage to or destruction of any
property or assets of the Parent Guarantor or any of its Restricted Subsidiaries); 
 (xx) the termination of leases and
subleases in the ordinary course of business; 
 (xxi) to the extent allowable under Section 1031 of the Code, any
exchange of like property (excluding any boot thereon) for use in a Permitted Business; 
 (xxii) dispositions of Investments
(including Equity Interests) in joint ventures to the extent required by, or made pursuant to, customary buy/sell arrangements or rights of first refusal between the joint venture parties set forth in joint venture arrangements and similar binding
arrangements; 
 (xxiii) any exchange of assets for Related Business Assets (including a combination of Related Business
Assets and a de minimis amount of cash or Cash Equivalents) of comparable or greater market value than the assets exchanged, as determined in good faith by the Co-Issuers; 

(xxiv) any Sale/Leaseback Transaction of any property acquired or built after the Issue Date; provided that such sale is for at
least Fair Market Value; 
 (xxv) the surrender or waiver of obligations of trade creditors or customers or other contract
rights that were incurred in the ordinary course of business of the Parent Guarantor or any of its Restricted Subsidiaries, including pursuant to any plan of reorganization or similar arrangement upon the bankruptcy or insolvency of any trade
creditor or customer or compromise, settlement, release or surrender of a contract, tort or other litigation claim, arbitration or other disputes; 

(xxvi) dispositions of 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 Asset Sale are applied within 90 days of such disposition to the purchase price of such replacement property (which replacement property is purchased within 90 days of such disposition);

 (xxvii) transfers, sales, leases, assignments, exchanges, conveyances or other dispositions in connection with a Permitted
Reorganization or IPO Reorganization Transaction; 
 (xxviii) cancellation of Indebtedness owing to the Parent Guarantor or
any Restricted Subsidiary from members of management of the Parent Guarantor, any Parent Company, the Co-Issuers or any of their Restricted Subsidiaries in connection with a repurchase or redemption of Capital
Stock of any Parent Company; and 
 (xxix) dispositions of assets not constituting Collateral; 

(xxx) any dispositions existing on, or made pursuant to binding commitments, agreements or arrangements existing on the Issue
Date; 
 (xxxi) dispositions (i) of non-core assets acquired in connection with
Permitted Acquisitions or any other acquisition or Permitted Investment; provided that the aggregate amount of such sales shall not exceed 25% of the Fair Market Value of the acquired entity or business, (ii) made to satisfy the Parent
Guarantor’s or any of its Restricted Subsidiary’s obligations under any non-compete agreement or (iii) made to obtain the approval of any anti-trust authority; 

  
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 (xxxii) the Parent Guarantor or any of its Restricted Subsidiaries may
(i) terminate or otherwise collapse its cost-sharing agreements with the Parent Guarantor or any Subsidiary and settle any crossing payments in connection therewith or (ii) surrender, terminate or waive contractual rights and settle or
waive contractual or litigation claims; and 
 (xxxiii) any issuance of Equity Interests in any Restricted Subsidiary to any
officer, director, consultant, advisor, service provider or employee of the Parent Guarantor or any of its Restricted Subsidiaries in respect of services provided to the Parent Guarantor or any such Restricted Subsidiary in the ordinary course of
business approved by the Board of Directors of the Company. 
 “Authorized Representative” means (i) in the case of
the Notes, the Collateral Agent and (ii) in the case of any Series of Additional First Lien Obligations that become subject to the terms of the Pari Passu Intercreditor Agreement, the authorized representative (and any successor thereto) named for
such Series in the initial Pari Passu Intercreditor Agreement or any applicable joinder agreement. 
 “Bankruptcy Code”
means Title 11 of the United States Code, as amended. 
 “Bankruptcy Law” means the Bankruptcy Code and any similar federal, state
or foreign bankruptcy, insolvency or receivership law for the relief of debtors, including common law, from time to time in effect in respect of voluntary or involuntary insolvency, liquidation, dissolution,
wind-up, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, reorganization, or debtor relief. 

“Basket” means any amount, threshold, exception or value (including by reference to the Consolidated First Lien Debt Ratio,
the Consolidated Total Debt Ratio, the Fixed Charge Coverage Ratio, Consolidated EBITDA or LTM EBITDA) permitted or prescribed with respect to any Lien, Indebtedness, Asset Sale, Investment, Restricted Payment, transaction, action, judgment or
amount under any provision in this Indenture. 
 “Beneficial Owner” has the meaning assigned to such term in Rule 13d-3 and Rule 13d-5 under the Exchange Act, except that in calculating the beneficial ownership of any particular “person” (as that term is used in
Section 13(d)(3) of the Exchange Act), such “person” will be deemed to have beneficial ownership of all securities that such “person” has the right to acquire by conversion or exercise of other securities, whether such right
is currently exercisable or is exercisable only after the passage of time. The terms “Beneficially Owns” and “Beneficially Owned” have a corresponding meaning. 

“Board of Directors” means: 

(i) with respect to a corporation, the board of directors of the corporation or any committee thereof duly authorized to act on
behalf of such board; 
 (ii) with respect to a partnership, the Board of Directors of the general partner of the
partnership; 
 (iii) with respect to a limited liability company, the managing member or members or any controlling
committee of managing members thereof; and 
 (iv) with respect to any other Person, the board or committee of such Person
serving a similar function. 
 Whenever any provision requires any action or determination to be made by, or any approval of, a Board of
Directors, such action, determination or approval shall be deemed to have been taken or made if approved by a majority of the directors on any such Board of Directors (whether or not such action or approval is taken as part of a formal board meeting
or as a formal board approval). Unless the context requires otherwise, Board of Directors means the Board of Directors of the Company. The obligations of the “Board of Directors of the Company” under this
Indenture may be exercised by the Board of Directors of the Parent Guarantor, a Co-Issuer or any Qualified Reporting Subsidiary, including, in each case, its successors and assigns. 

  
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 “Borrowing Base” means at any given time means an amount equal to the sum
of (a) 85% of the face amount of all accounts receivable; (b) the lesser of (x) 85% of the orderly liquidation value (net of all liquidation expenses) of all inventory and (y) 75% of the average cost of all inventory; (c) 100% of all cash held
in a deposit account either (x) maintained with the administrative agent under the Credit Agreement or (y) over which the administrative agent under the Credit Agreement has a perfected security interest; minus (d) reserves against
the Borrowing Base; in each case, of the Parent Guarantor, the Co-Issuers and their Restricted Subsidiaries in accordance with GAAP, as of the most recently ended fiscal quarter for which consolidated
financial statements are available (which may, at the Co-Issuers’ election, be internal financial statements) immediately preceding the date of determination and measured as of the date of incurrence or
establishment of commitments (at the Co-Issuers’ election). The Borrowing Base shall be calculated on a pro forma basis to include any accounts receivable, inventory, credit card receivables, unbilled
receivables and billings owned by an entity that is to be merged with or into the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries or is to become a Restricted Subsidiary of the Parent
Guarantor on the date of determination, subject to customary field examination requirements, and to exclude any accounts receivable, inventory, credit card receivables, unbilled receivables and billings owned by an entity that is to be sold, leased,
conveyed or otherwise disposed of by the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries or is to become an Unrestricted Subsidiary of the Parent Guarantor on the date of
determination. 
 “Broker-Dealer Regulated Subsidiary” means any Subsidiary of the Parent Guarantor or a Co-Issuer that is registered as a broker-dealer under the Exchange Act or any other applicable laws in the United States or any other applicable jurisdiction requiring such registration. 

“Business Day” shall mean any day except Saturday, Sunday and any day which shall be in New York, New York, the United States
or in the jurisdiction of the place of payment a legal holiday or a day on which banking institutions are authorized or required by law or other government action to close. 

“Canadian Restricted Subsidiary” means any Restricted Subsidiary of the Company that was formed under the laws of Canada or
any province or territory thereof. 
 “Capitalized Leases” means all leases that have been or are required to be, in
accordance with GAAP, recorded as capitalized leases; provided that for all purposes hereunder the amount of obligations under any Capitalized Lease shall be the amount thereof accounted for as a liability in accordance with GAAP (subject to
accounting principles to be set forth in this Indenture). 
 “Capitalized Software Expenditures” means, for any period, the
aggregate of all expenditures (whether paid in cash or accrued as liabilities) by the Parent Guarantor and its Restricted Subsidiaries during such period in respect of licensed or purchased software or internally developed software and software
enhancements that, in conformity with GAAP, are or are required to be reflected as capitalized costs on the consolidated balance sheet of the Parent Guarantor and its Restricted Subsidiaries. 

“Capital Lease Obligation” means, at the time any determination is to be made, the amount of the liability in respect of a
Capitalized Lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) prepared in accordance with GAAP (subject to accounting principles to be set forth in this
Indenture). 
 “Capital Stock” means: 

(i) in the case of a corporation, corporate stock; 

(ii) in the case of an association or business entity, any and all shares, interests, participations, rights or other
equivalents (however designated) of corporate stock; 
 (iii) in the case of a partnership, partnership interests (whether
general or limited); 
 (iv) in the case of a limited liability company, membership interests; and 

  
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 (v) any other interest or participation that confers on a Person the right
to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, but excluding from all of the foregoing any debt securities convertible into Capital Stock, whether or not such debt securities include any right of
participation with Capital Stock. 
 “Captive Insurance Subsidiary” means any Subsidiary of the Parent Guarantor that is
subject to regulation as an insurance company and provides insurance to the Parent Guarantor or its Restricted Subsidiaries. 

“Cash” means, for purposes of certain agreements between and/or among certain Permitted Holders, the Parent Guarantor and/or
their respective affiliates (as applicable), cash and the defined term “Cash Equivalents.” 
 “Cash Contribution
Amount” means the aggregate amount of cash contributions made to the common equity capital of the Parent Guarantor or any Restricted Subsidiary described in the definition of “Contribution Indebtedness.” 

“Cash Equivalents” means: 

(i) (A) U.S. dollars, Sterling, Canadian dollars or Euros or any national currency of any Participating Member State of
the EMU; and (B) in the case of any Non-Domestic Restricted Subsidiary or any jurisdiction in which the Parent Guarantor or any of its Restricted Subsidiaries conducts business, such local currencies held
by it from time to time in the ordinary course of business and not for speculation; 
 (ii) readily marketable obligations
issued or directly and fully guaranteed or insured by the United States, the United Kingdom, Canada or any country that is a Participating Member State of the EMU governments or any agencies or instrumentality thereof the securities of which are
guaranteed as a full faith and credit obligation of such government with maturities of 24 months or less from the date of acquisition; 

(iii) time deposits, Eurodollar time deposits or demand deposits with, insured certificates of deposit, bankers’
acceptances or overnight bank deposits of, or letters of credit issued by, any commercial bank that (A) is a lender under any Credit Agreement or (B) (I) is organized under the laws of any Covered Jurisdiction or any member nation of the
Organization for Economic Cooperation and Development or is the principal banking Subsidiary of a bank holding company organized under the laws of any Covered Jurisdiction or any member nation of the Organization for Economic Cooperation and
Development and is a member of the United States Federal Reserve System or equivalent organization in such other jurisdiction, and (II) has combined capital and surplus of at least $250,000,000 (any such bank in the foregoing clauses
(A) or (B) being an “Approved Bank”), in each case with maturities not exceeding 24 months from the date of acquisition thereof; 

(iv) commercial paper and variable or fixed rate notes issued by an Approved Bank (or by the parent company thereof) or any
variable or fixed rate note issued by, or guaranteed by, a corporation (other than structured investment vehicles and other than corporations used in structured financing transactions) rated A-2 (or the
equivalent thereof) or better by S&P or P-2 (or the equivalent thereof) or better by Moody’s (or, if at any time neither Moody’s nor S&P shall be rating such obligations, an equivalent rating
from another nationally recognized statistical rating agency selected by the Parent Guarantor), in each case with average maturities of not more than 24 months from the date of acquisition thereof; 

(v) marketable short-term money market and similar funds having a rating of at least
P-2 (or the equivalent thereof) or A-2 (or the equivalent thereof) from either Moody’s or S&P, respectively (or, if at any time neither Moody’s nor S&P
shall be rating such obligations, an equivalent rating from another nationally recognized statistical rating agency selected by the Parent Guarantor); 

(vi) repurchase obligations for underlying securities of the types described in clauses (b), (c) and (e) above entered
into with any Approved Bank; 

  
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 (vii) securities with average maturities of 24 months or less from the date
of acquisition issued or fully guaranteed (i) by any country, state, commonwealth, province or territory of any Covered Jurisdiction, or by any political subdivision or taxing authority of any such country, state, commonwealth, province or
territory thereof or by (ii) any foreign government (other than of a Covered Jurisdiction), in each case, having an Investment Grade Rating from either S&P or Moody’s (or the equivalent thereof) (or, if at any time neither Moody’s
nor S&P shall be rating such obligations, an equivalent rating from another nationally recognized statistical rating agency selected by the Parent Guarantor); 

(viii) Investments with average maturities of 12 months or less from the date of acquisition in money market funds rated AAA- (or the equivalent thereof) or better by S&P or Aaa3 (or the equivalent thereof) or better by Moody’s (or, if at any time neither Moody’s nor S&P shall be rating such obligations, an
equivalent rating from another nationally recognized statistical rating agency selected by the Parent Guarantor); 
 (ix)
securities with maturities of 12 months or less from the date of acquisition backed by standby letters of credit issued by any Approved Bank; 

(x) instruments equivalent to those referred to in clauses (i) through (ix) above denominated in any currency comparable
in credit quality and tenor to U.S. dollars and those other currencies referred to above and customarily used by corporations for cash management purposes in any jurisdiction outside the United States to the extent reasonably required in connection
with any business conducted by the Parent Guarantor or any of its Restricted Subsidiaries; 
 (xi) Investments, classified in
accordance with GAAP as current assets of the Parent Guarantor or any of its Restricted Subsidiaries, in money market investment programs which are registered under the Investment Company Act of 1940 (or any similar applicable Law in any applicable
Covered Jurisdiction) or which are administered by financial institutions having capital of at least $250,000,000, and, in either case, the portfolios of which are limited such that substantially all of such Investments are of the character, quality
and maturity described in clauses (i) through (x) of this definition; 
 (xii) investment funds investing substantially
all of their assets in securities of the types described in clauses (i) through (xi) above; and 
 (xiii) solely with
respect to any Captive Insurance Subsidiary, any investment that the Captive Insurance Subsidiary is not prohibited to make in accordance with applicable Law. 

Notwithstanding the foregoing, Cash Equivalents shall include amounts denominated in currencies other than those specified in clause
(i) above; provided that, except for amounts used to pay non-U.S. dollar-denominated obligations of the Parent Guarantor or any of their Restricted Subsidiaries in the ordinary course of business,
such amounts are converted into any currency listed in clause (i) above as promptly as practicable and in any event within 10 Business Days following the receipt of such amounts. 

“Cash Management Services” means any of the following services, and any agreement or other arrangement governing the
provision of the same: automated clearing house transactions, treasury, depository, credit or debit card, purchasing card (including so-called “procurement cards” or
“P-cards”), stored value card, automated clearinghouse, returned check concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services, electronic
fund transfer services, disbursement services and/ or cash management services, including, without limitation, controlled disbursement services, overdraft facilities, foreign exchange facilities, deposit, zero balance and other accounts and merchant
services or other cash management arrangements in the ordinary course of business. 
 “CFC” means a controlled foreign
corporation within the meaning of Section 957 of the Code. 
 “CFC Holdco” means any Domestic Subsidiary if it has no
material assets other than the Equity Interests 
 (including any Indebtedness treated as equity for U.S. federal income tax purposes) and,
if applicable, Indebtedness (and any cash or Cash Equivalents related thereto) of one or more (a) CFCs and/or (b) other Subsidiaries of the Parent Guarantor that have no material assets other than the Equity Interests (including any
Indebtedness treated as equity for U.S. federal income tax purposes) and, if applicable, Indebtedness (and any cash or Cash Equivalents related thereto) of one or more CFCs. 

  
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 “Change of Control” means the occurrence of any of the following: 

(i) any person or “group” (within the meaning of Rules 13d-3 and 13d-5 under the Exchange Act, but excluding any employee benefit plan and any person or entity acting in its capacity as trustee, agent or other fiduciary or administrator of any such plan), other than one or more
Permitted Holders, acquires beneficial ownership of Voting Stock of the Parent Guarantor representing more than 50% of the aggregate ordinary voting power for the election of directors of the Parent Guarantor (determined on a fully diluted basis);
or 
 (ii) the sale, lease or transfer (other than by way of merger, amalgamation, arrangement consolidation or other
business combination transaction), in one or a series of related transactions, of all or substantially all of the assets of the Parent Guarantor and its Subsidiaries, taken as a whole, to any Person, other than the Parent Guarantor or any of its
Restricted Subsidiaries, other than one or more Permitted Holders. 
 Notwithstanding the preceding or any provision of Section 13d-3 of the Exchange Act, (i) a Person or group shall not be deemed to beneficially own Voting Stock subject to a stock or asset purchase agreement, merger agreement, option agreement, warrant
agreement or similar agreement (or voting or option or similar agreement related thereto) until the consummation of the acquisition of the Voting Stock in connection with the transactions contemplated by such agreement, (ii) if any group
includes one or more Permitted Holders, the issued and outstanding Voting Stock of the Parent Guarantor owned, directly or indirectly, by any Permitted Holders that are part of such group shall not be treated as being beneficially owned by such
group or any other member of such group for purposes of determining whether a Change of Control has occurred, (iii) a Person or group will not be deemed to beneficially own the Voting Stock of another Person as a result of its ownership of
Voting Stock or other securities of such other Person’s parent entity (or related contractual rights) unless it owns 50% or more of the total voting power of the Voting Stock entitled to vote for the election of directors of such parent entity
having a majority of the aggregate votes on the board of directors (or similar body) of such parent entity and (iv) the right to acquire Voting Stock (so long as such Person does not have the right to direct the voting of the Voting Stock
subject to such right) or any veto power in connection with the acquisition or disposition of Voting Stock will not cause a party to be a beneficial owner. 

“Change of Control Triggering Event” means the occurrence of a Change of Control, except for a Change of Control (i) the
definitive agreement or agreements in respect of which are entered into prior to the date that is 24 months after the Issue Date, and (ii) the Consolidated Total Debt Ratio is less than 6.00 to 1.00 after giving pro forma effect to such Change
of Control. 
 “Code” means the U.S. Internal Revenue Code of 1986, as amended from time to time. 

“Collateral” means all of the assets and property of a Co-Issuer or any Guarantor,
whether real, personal or mixed securing or purported to secure any Notes Obligations, excluding, for the avoidance of doubt, any Excluded Assets. 

“Collateral Agent” means Ankura Trust Company, LLC, as collateral agent for the Notes Secured Parties under the Security
Documents and any successor pursuant to the provisions of this Indenture and the Security Documents. 
 “Collateral Proceeds
Account” means one or more deposit accounts or securities accounts established by any 
 Grantor or any representative of any Series
of Obligations (other than the representative in respect of the ABL Obligations) or its agent for the sole purpose of holding the proceeds of any sale or other disposition of any Fixed Asset Priority Collateral that are required to be held in trust
in such account or accounts pursuant to the terms of any Fixed Asset Obligations Document. 

  
 -12- 

 “Commission” means the Securities and Exchange Commission, as from time to
time constituted, created under the Exchange Act, or if at any time after the execution of this Indenture such Commission is not existing and performing the duties now assigned to it under the Securities Act of 1933, as amended, the Exchange Act and
the Trust Indenture Act then the body performing such duties at such time. 
 “Consolidated Depreciation and Amortization
Expense” means, with respect to any Person for any period, the total amount of depreciation and amortization expense of such Person and its Restricted Subsidiaries, including the amortization or
write-off of (a) intangible assets and non-cash organization costs, (b) deferred financing fees, debt issuance costs, commissions, fees and expenses, bridge,
commitment and other financing fees, discounts, yield and other fees and charges, (c) unrecognized prior service costs and actuarial gains and losses related to pensions and other post-employment benefits, (d) Capitalized Software
Expenditures, capitalized customer acquisition costs and incentive payments and capitalized conversion costs and contract acquisition costs and (e) favorable or unfavorable lease assets or liabilities of such Person and its Restricted
Subsidiaries, for such period on a consolidated basis and otherwise determined in accordance with GAAP. 
 “Consolidated
EBITDA” means, with respect to any Person for any period, the Consolidated Net Income of such Person and its Restricted Subsidiaries for such period: 

(i) increased (without duplication) by the following, in each case, other than clauses (i)(7), (9) (11) and (12) below) to
the extent deducted (and not added back) in determining Consolidated Net Income, for such period with respect to such Person and its Restricted Subsidiaries: 

(1) total interest expense determined in accordance with GAAP (including, to the extent deducted and not added back in
computing Consolidated Net Income, (A) amortization of OID resulting from the issuance of Indebtedness at less than par, (B) all commissions, discounts and other fees and charges owed with respect to letters of credit or bankers
acceptances, (C) non-cash interest payments, (D) the interest component of Capitalized Leases, (E) net payments, if any, pursuant to interest Swap Contracts with respect to Indebtedness,
(F) amortization of deferred financing fees, debt issuance costs, commissions and fees and (G) the interest component of any pension or other post-employment benefit expense) and, to the extent not reflected in such total interest expense,
any losses on hedging obligations or other derivative instruments entered into for the purpose of hedging interest rate risk, net of interest income and gains on such hedging obligations or other derivative instruments, and costs of surety bonds in
connection with financing activities (whether amortized or immediately expensed), plus 
 (2) provision for Taxes based on
income or profits or capital gain, including, federal, state, local, provincial, territorial, franchise, property and similar Taxes and foreign withholding Taxes (including any future Taxes or other levies which replace or are intended to be in lieu
of such Taxes and any penalties and interest related to such Taxes or arising from tax examinations), plus 
 (3)
Consolidated Depreciation and Amortization Expense for such period, plus 
 (4) the amount of any non-controlling interest or minority interest expense consisting of Subsidiary income attributable to minority equity interests of third parties in any Subsidiaries that are not Wholly-Owned Subsidiaries, plus 

(5) the amount of management, monitoring, consulting, transaction, advisor, underwriting, placement, financing and other fees
(including termination and exit fees) and indemnities and expenses paid or accrued in such period under a Sponsor Management Agreement or other arrangement or otherwise in connection with management, monitoring, consulting, transaction, advisory,
underwriting, placement, financing services or in respect of other investment banking activities provided by the Permitted Holders (or other Persons with a similar interest) to such Person and its Subsidiaries to the extent otherwise permitted under
this Indenture and fees and expenses paid to the outside directors of the Company or their direct or indirect parent companies, in each case to the extent otherwise permitted under Section 4.11, plus 

  
 -13- 

 (6) any costs or expenses incurred pursuant to any management equity plan,
stock option plan or any other management, director or employee benefit plan, agreement or any stock subscription or stockholders agreement, to the extent that such costs or expenses are funded with cash proceeds contributed to the capital of such
Person or net cash proceeds of an issuance of Equity Interests of such Person (other than Disqualified Stock) solely to the extent that such cash proceeds are excluded from the calculation set forth in Section 4.07(a)(z) and shall not be, and
have not been, designated an Excluded Contribution, plus 
 (7) the amount of “run rate” cost savings, synergies
and operating expense reductions or other operating improvements (including, in each case, as a result of certain specified transactions) projected by the Parent Guarantor in good faith to result from actions taken, committed to be taken or with
respect to which substantial steps have been taken or are expected in good faith to be taken no later than 24 months after the end of such period (calculated on a pro forma basis as though such cost savings, operating expense reductions or other
operating improvements and synergies had been realized on the first day of such period for which Consolidated EBITDA is being determined and if such cost savings, operating expense reductions or other operating improvements and synergies were
realized during the entirety of such period), net of the amount of actual benefits realized during such period from such actions; provided that such cost savings, operating expense reductions or other operating improvements and synergies are
reasonably identifiable and factually supportable in the good faith judgment of the Company (it is understood and agreed that “run-rate” means the full recurring benefit for a period that is
associated with any action taken, committed to be taken or with respect to which substantial steps have been taken or are expected to be taken); plus 

(8) any fees and expenses related to a Qualified Securitization Transaction or a Qualified Receivables Facility, as applicable,
to the extent such fees and expenses are included in computing Consolidated Net Income; plus 
 (9) the non-cash portion of straight line rent expense; plus 
 (10) cash receipts (or any netting
arrangements resulting in reduced cash expenditures) not representing Consolidated EBITDA or Consolidated Net Income in any period to the extent non-cash gains relating to such income were deducted in the
calculation of Consolidated EBITDA pursuant to paragraph (b) below for any previous period and not added back, plus 

(11) the amount of loss on sales of Securitization Assets to a Securitization Entity in connection with a Qualified
Securitization Transaction or Receivables Assets in connection with a Qualified Receivables Facility, as applicable, to the extent included in computing Consolidated Net Income, plus 

(12) any adjustments (A) of the nature or type used in connection with the calculation of “Pro Forma Adjusted
EBITDA” as set forth in “Summary—Summary Historical Consolidated Financial Information” contained in the Offering Memorandum and other adjustments of a similar nature to the foregoing, (B) evidenced or contained in any due
diligence quality of earnings report from time to time prepared with respect to the target of an acquisition or Investment by a “big four” or other nationally recognized accounting firm, consulting or advisory firm or other accounting,
consulting or advisory firm or (C) consistent with IFRS, GAAP, Regulation S-X or any comparable law or standard in any applicable jurisdiction; and, and 

(ii) decreased (without duplication) by the following, in each case to the extent included in determining Consolidated Net
Income for such period, any non-cash gains with respect to cash actually received in a prior period unless such cash did not increase, or was otherwise not included in, Consolidated EBITDA in any prior period.

 For the avoidance of doubt, (i) Consolidated EBITDA shall be calculated, including pro forma adjustments, in accordance with the
definition of “Pro Forma Basis” in this Indenture and (ii) reference to Consolidated EBITDA of the Company means such Consolidated EBITDA calculated on a consolidated basis with respect to the Company and its Restricted Subsidiaries.

  
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 “Consolidated First Lien Debt Ratio” means, with respect to any Test
Period, the ratio of (i) Consolidated First Lien Net Debt as of the last day of such Test Period to (ii) Consolidated EBITDA of the Company for such Test Period. 

“Consolidated First Lien Net Debt” means, as of any date of determination, (i) any Indebtedness described in clause
(i) of the definition of “Consolidated Total Net Debt” outstanding on such date, plus (ii) without duplication, the aggregate undrawn amount of Designated Revolving Commitments in effect on such date, in the case of both clauses
(i) and (ii) hereof, that is secured by an Applicable Lien on the Collateral (but without regard to the control of remedies), minus (iii) the aggregate amount of cash and Cash Equivalents (other than Restricted Cash), in each case,
included on the consolidated balance sheet of the Company and its Restricted Subsidiaries as of such date; provided that Consolidated First Lien Net Debt shall not include Indebtedness (1) that is available to be or may be redrawn (including
Revolving Credit Loans and loans under any other revolving credit facility) other than Designated Revolving Commitments, (2) in respect of letters of credit, except to the extent of unreimbursed amounts under standby letters of credit; provided
that any unreimbursed amount under standby letters of credit shall not be counted as Consolidated First Lien Net Debt until 3 Business Days after such amount is drawn, (3) owed by Unrestricted Subsidiaries, (4) obligations in respect of
Cash Management Services and (v) in respect of any Receivables Facility or any Qualified Securitization Transaction; it being understood, for the avoidance of doubt, that obligations under Swap Contracts do not constitute Consolidated First
Lien Net Debt. 
 “Consolidated Net Income” means, with respect to any Person for any period, the Net Income of such Person
and its Restricted Subsidiaries for such period, on a consolidated basis, and otherwise determined in accordance with GAAP; provided, however, that, without duplication: 

(i) any after-tax effect of extraordinary,
non-recurring, exceptional or unusual gains or losses, charges or expenses (including all fees and expenses related thereto), losses, charges or expenses relating to any strategic initiatives (including any
multi-year strategic initiatives), Transaction Expenses, Permitted Change of Control Costs, restructuring costs and reserves, relocation costs, Public Company Costs, severance costs and expenses, one-time
compensation charges, opening, closing and consolidation or disruption costs for facilities, costs in connection with future lease agreements, stay, signing, upfront, retention or completion bonuses, executive recruiting and retention costs
(including payments made to employees pursuant to non-compete agreements), loans and advances that constitute an advance on one-time bonus payments made in connection
with recruitment or retention of independent contractors, transition costs, costs incurred in connection with non-ordinary course intellectual property development, integration costs (whether in connection
with Permitted Acquisitions, other acquisitions or otherwise), business optimization expenses (including costs and expenses relating to business optimization programs, and new systems design, retention charges, system establishment costs (including
information technology systems), technology upgrades and implementation costs (including implementation of operational and reporting systems and technology initiatives (including, without limitation, the rollout of the warehouse management system)
and project startup costs), losses associated with temporary decreases in work volume and expenses related to maintaining underutilized personnel and facilities, losses arising from natural disasters, operating expenses attributable to the
implementation of cost-savings initiatives, consulting fees and curtailments and modifications to pension and post-retirement employee benefit plans, in all cases above for such period, shall be excluded; 

(ii) the cumulative effect of a change in accounting principles and changes as a result of the adoption or modification of
accounting policies during such period whether effected through a cumulative effect adjustment or a retroactive application, in each case in accordance with GAAP, shall be excluded; 

(iii) any effect of any fees (including finder’s fees, broker’s fees or any other fees), expenses or charges incurred
during such period (including, without limitation, any premiums, make-whole or penalty payments), or any amortization thereof for such period, in connection with any Investment (including loans to independent contractors), Permitted Acquisition or
any other acquisition (other than any such other acquisition in the ordinary course of business) permitted under this Indenture, disposition (other than in the ordinary course of business), or other transfer (other than any such transfer in the
ordinary course of business), 

  
 -15- 

 
incurrence or repayment of indebtedness (including such fees, expenses or charges related to the offering and issuance of the ABL Obligations, the Notes and the syndication and incurrence of any
securities or credit facilities), issuance of Equity Interests, Equity Offering, recapitalization, refinancing transaction or amendment or modification of any debt instrument (including any amendment or other modification of any securities, the ABL
Credit Agreement, any other credit facilities or any other debt instrument) and including, in each case, any such transaction whether consummated on, after or prior to the Issue Date and any such transaction undertaken but not completed, and any
charges or non-recurring merger or amalgamation costs incurred during such period as a result of any such transaction, in each case whether or not successful or consummated (including, for the avoidance of
doubt, the effects of expensing all transaction related expenses in accordance with Accounting Standards Codification Topic 805—Business Combinations), shall be excluded; 

(iv) accruals and reserves that are established or adjusted within 18 months after the closing of the Transactions, any
Permitted Acquisition or any other acquisition (other than any such other acquisition in the ordinary course of business) that are so required to be established or adjusted as a result of such Permitted Acquisition or such other acquisition in
accordance with GAAP shall be excluded; 
 (v) any net after-tax effect of gains or
losses on disposal, abandonment (including asset retirement costs) or discontinuance of disposed, abandoned or discontinued operations, as applicable, in each case other than in the ordinary course of business, as determined in good faith by the
Company, shall be excluded; 
 (vi) any net after-tax effect of gains or losses (less
all fees, expenses and charges relating thereto) attributable to asset dispositions or abandonments or the sale or other disposition of any Equity Interests of any Person, in each case other than in the ordinary course of business, as determined in
good faith by the Company, shall be excluded; 
 (vii) the Net Income for such period of any Person that is an Unrestricted
Subsidiary shall be excluded, and the Net Income for such period of any Person that is not a Subsidiary or that is accounted for by the equity method of accounting shall be excluded; provided that Consolidated Net Income of a Person shall be
increased by the amount of dividends or distributions or other payments that are actually paid in cash or Cash Equivalents (or to the extent subsequently converted into cash or Cash Equivalents) to such Person or a Restricted Subsidiary thereof in
respect of such period by any Subsidiary of such Person that is not a Subsidiary or that is accounted for by the equity method of accounting; 

(viii) solely for the purpose of determining the amount available for Restricted Payments under Section 4.07(a)(z)(A), the
Net Income for such period of any Restricted Subsidiary (other than the Co-Issuers or any Guarantor (other than the Parent Guarantor)) shall be excluded to the extent that the declaration or payment of
dividends or similar distributions by that Restricted Subsidiary of its Net Income is not at the date of determination permitted without any prior governmental approval (which has not been obtained) or, directly or indirectly, by the operation of
the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule, or governmental regulation applicable to that Restricted Subsidiary or its stockholders (other than restrictions that have been waived or otherwise
released); provided that Consolidated Net Income of a Person will be increased by the amount of dividends or other distributions or other payments actually paid in cash or Cash Equivalents (or to the extent converted into cash or Cash Equivalents),
or, without duplication, the amount that could have been paid in cash without violating any such restriction or requiring any such approval, to such Person in respect of such period, to the extent not already included therein; 

(ix) effects of adjustments (including the effects of such adjustments pushed down to such Person and its Restricted
Subsidiaries) in such Person’s consolidated financial statements pursuant to GAAP attributable to the application of recapitalization accounting or purchase accounting (including in the inventory, property and equipment, software, goodwill,
intangible assets, in-process research and development, deferred revenue, credit balances and debt line items thereof), as the case may be, in relation to any consummated Permitted Acquisition or other
acquisition (other than any such other acquisition in the ordinary course of business) or Investments permitted under this Indenture consummated prior to or after the Issue Date or the amortization or
write-off or write-down of any amounts thereof pursuant to GAAP, net of taxes, shall be excluded; 

  
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 (x) any effect of income (loss) from the early extinguishment or conversion
of (1) Indebtedness, (2) Swap Contracts or (iii) other derivative instruments shall be excluded; 
 (xi) any
impairment charge or asset write-off or write-down (other than write-offs, write-downs or impairments with respect to accounts receivable in the normal course or inventory), including impairment charges or
asset write-offs or write-downs related to intangible assets, long-lived assets, investments in debt and equity securities or as a result of a change in law or in connection with any disposition of assets, in each case, pursuant to GAAP, and the
amortization of intangibles arising pursuant to GAAP shall be excluded, 
 (xii) other
non-cash expenses, charges and losses during such period shall be excluded, in each case other than (A) any non-cash expense, charge or loss charge either
(i) expressly excluded from Consolidated Net Income pursuant to another clause of this definition or (ii) expressly added back to Consolidated EBITDA pursuant to the definition thereof or (B) any
non-cash charge representing amortization of a prepaid cash item that was paid and not expensed in a prior period; provided that if any non-cash charges or expenses
referred to in this clause (l) represents an accrual or reserve for potential cash item in any future period, (i) such Person may elect not to exclude such non-cash charge or expense in the current
period or (ii) to the extent such Person elects to exclude such non-cash charge, the cash payment in respect thereof in such future period shall be subtracted from Consolidated Net Income in such future
period to such extent paid; 
 (xiii) other non-cash gains during such period shall
be excluded other than (x) to the extent expressly excluded from Consolidated Net Income pursuant to another clause of this definition, (y) to the extent expressly deducted from Consolidated EBITDA pursuant to the definition thereof, or
(z) any non-cash gains that represent the reversal of an accrual or reserve for any anticipated cash charges in any prior period (other than any such accrual or reserve that has been, or, had this
Indenture been in effect at such time, would be, excluded in calculating Consolidated Net Income in accordance with this definition); provided that in the case of any non-cash gain, the cash receipt in such
future period in respect of any non-cash gain which was excluded from the calculation of Consolidated Net Income pursuant to this clause (m) shall be added to Consolidated Net Income in such future period
to such extent received; 
 (xiv) any equity- or phantom-equity-based or non-cash
compensation charge or expense, including any such charge or expense arising from grants of stock appreciation rights, equity incentive programs or similar rights, stock options, restricted stock or other rights to, and any cash charges associated
with the rollover, acceleration, or payout of, Equity Interests by management of such Person or of a Restricted Subsidiary or any of its direct or indirect parent companies in connection with the Transactions, shall be excluded; 

(xv) any expenses, charges or losses to the extent covered by insurance or indemnity and actually reimbursed, or, so long as
such Person has made a determination that there exists reasonable evidence that such amount will in fact be paid for or reimbursed by the insurer or indemnifying party and only to the extent that such amount is in fact paid for or reimbursed within
365 days of the date of such determination (with a deduction to be applied to Consolidated Net Income in the applicable future period for any amount so added back in any prior period to the extent not so paid for or reimbursed within the applicable 365-day period), shall be excluded; 
 (xvi) any net pension or other post-employment
benefit costs representing amortization of unrecognized prior service costs, actuarial losses, including amortization of such amounts arising in prior periods, amortization of the unrecognized net obligation (and loss or cost) existing at the date
of initial application of Statement of Financial Accounting Standards No. 87, 106 and 112 (or any successor provision or other financial accounting standard having a similar result or effect), and any other items of a similar nature, shall be
excluded; 

  
 -17- 

 (xvii) any non-cash compensation
expense resulting from the application of Accounting Standards Codification Topic 718, Compensation—Stock Compensation or Accounting Standards Codification Topics 505-50 Equity-Based Payments to Non-Employees (or any successor provision or other financial accounting standard having a similar result or effect), shall be excluded; and 

(xviii) the following items shall be excluded: 

(1) any net unrealized gain or loss (after any offset) resulting in such period from Swap Contracts and the application of
Accounting Standards Codification Topic 815—Derivatives and Hedging (or any successor provision or other financial accounting standard having a similar result or effect) and its related pronouncements or mark to market movement of non-U.S. currencies, Indebtedness, derivatives instruments or other financial instruments pursuant to GAAP, including Accounting Standards Codification Topic 825—Financial Instruments (or any successor
provision or other financial accounting standard having a similar result or effect) or an alternative basis of accounting applied in lieu of GAAP; 

(2) any non-cash adjustments resulting in such period from (x) deferred revenues
and the application of Accounting Standards Codification Topic 606—Revenue from Contracts with Customers (or any successor provision or other financial accounting standard having a similar result or effect) and (y) lease assets and
liabilities and the application of Accounting Standards Codification Topic 842—Leases (or any successor provision or other financial accounting standard having a similar result or effect); 

(3) any net unrealized gain or loss (after any offset) and expenses incurred resulting in such period from currency transaction
or translation gains or losses including those related to currency remeasurements of Indebtedness (including any net loss or gain resulting from (A) Swap Contracts for currency exchange risk and (B) resulting from intercompany indebtedness
among such Person and its Restricted Subsidiaries) and any other foreign currency transaction or translation gains and losses, to the extent such gain or losses are non-cash items; 

(4) any non-cash adjustments resulting from the application of Accounting Standards
Codification Topic 825—Financial Instruments (or any successor provision or other financial accounting standard having a similar result or effect) or any comparable regulation; 

(5) any adjustments resulting from the application of Accounting Standards Codification Topic No. 460, Guarantees or any
comparable regulation; and 
 (6) earn-out obligations and other contingent
consideration obligations (including to the extent accounted for as bonuses, compensation or otherwise (and including deferred performance incentives in connection with Permitted Acquisitions whether or not a service component is required from the
transferor or its related party)) and adjustments thereof and purchase price adjustments. 
 In addition, to the extent not already included
in the Consolidated Net Income of such Person in any period and so long as the expenses, charges and losses with respect to which such amounts relate have not been excluded from Consolidated Net Income of such Person in any period, notwithstanding
anything to the contrary in the foregoing, Consolidated Net Income shall include the amount of proceeds received from business interruption insurance and reimbursements of any expenses and charges that are covered by indemnification or other
reimbursement provisions in connection with any acquisition, Permitted Acquisition, Investment or any sale, conveyance, transfer or other disposition of assets permitted under this Indenture. 

Notwithstanding the foregoing, for the purpose of Section 4.07 only (other than Section 4.07 (a)(z)(D)), there shall be excluded
from Consolidated Net Income any income arising from any sale or other disposition of Restricted Investments made by such Person and its Restricted Subsidiaries, any repurchases and redemptions of Restricted Investments from such Person and its
Restricted Subsidiaries, any repayments of loans and advances which constitute Restricted Investments by such Person or any of its Restricted Subsidiaries, any sale of the stock of an Unrestricted Subsidiary or any distribution or dividend from an
Unrestricted Subsidiary, in each case only to the extent such amounts increase the amount of Restricted Payments permitted under Section 4.07(a)(z)(D). 

  
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 “Consolidated Total Debt Ratio” means, with respect to any Test Period, the
ratio of (i) any Consolidated Total Net Debt as of the last day of such Test Period to (ii) the Consolidated EBITDA of the Company for the most recently ended Test Period immediately preceding such date, calculated on a Pro Forma Basis.

 “Consolidated Total Net Debt” means, as of any date of determination, (i) the aggregate principal amount of
Indebtedness of the Co-Issuers and their Restricted Subsidiaries outstanding on such date, in an amount that would be reflected on a balance sheet (but excluding the notes thereto) prepared as of such date on
a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting or recapitalization accounting in connection with any Permitted Acquisition or any other
acquisition permitted hereunder) consisting only of Indebtedness for borrowed money and obligations in respect of Capitalized Leases or other purchase money Indebtedness, plus, (ii) without duplication, the aggregate undrawn amount of
Designated Revolving Commitments in effect on such date, minus (iii) the aggregate amount of cash and Cash Equivalents (other than Restricted Cash), in each case, included on the consolidated balance sheet of the Company and its Restricted
Subsidiaries as of such date; provided that Consolidated Total Net Debt shall not include Indebtedness (1) that is available to be or may be redrawn (including revolving loans under any revolving credit facility) other than Designated Revolving
Commitments, (2) in respect of letters of credit, bank guarantees, bankers’ acceptances and performance or similar bank obligations, except to the extent of unreimbursed amounts under standby letters of credit; provided that any
unreimbursed amount under standby letters of credit shall not be counted as Consolidated Total Net Debt until 3 Business Days after such amount is drawn, (3) owed by Unrestricted Subsidiaries, (4) Indebtedness shall exclude Indebtedness in
respect of any Receivables Facility or any Qualified Securitization Transaction and (5) obligations in respect of Cash Management Services; it being understood, for the avoidance of doubt, that obligations under Swap Contracts do not constitute
Consolidated Total Net Debt. 
 “continuing” means, with respect to any Default or Event of Default, that such Default or
Event of Default has not been cured or waived. 
 “Contribution Indebtedness” means Indebtedness or issuance of
Disqualified Stock of the Parent Guarantor and the incurrence or issuance of Indebtedness, Disqualified Stock or Preferred Stock of any of its Restricted Subsidiaries in an aggregate principal amount or liquidation preference not greater than 100%
of the net cash proceeds of the fair market value of marketable securities or the fair market value of Qualified Proceeds received by the Parent Guarantor from the issue or sale of Equity Interests of the Parent Guarantor and the aggregate amount of
cash contributions made to the common equity capital of the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor after the Issue Date, including through consolidation, amalgamation or merger (other than Excluded Contributions,
Designated Preferred Stock, Disqualified Stock or cash contributed by the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor); provided that: 

(i) the cash received or contributed shall not increase the amount available for making Restricted Payments to the extent the
Parent Guarantor or its Restricted Subsidiaries incurred Indebtedness in reliance thereon; and 
 (ii) the cash received or
contributed shall be excluded for purposes of incurring Indebtedness to the extent the Parent Guarantor or any of its Restricted Subsidiaries make a Restricted Payment in reliance on such cash. 

“Controlled Investment Affiliate” means, as to any Person, any other Person, other than the Sponsor, which directly or
indirectly is in control of, is controlled by, or is under common control with such Person and is organized by such Person (or any Person controlling such Person) primarily for making direct or indirect equity or debt investments in the Parent
Guarantor and/or other companies. 
 “Corporate Trust Office” means the principal office of the Trustee at which at any
particular time its corporate trust business shall be administered, which office at the date of this Indenture is located at Ankura Trust Company, LLC, as Trustee and Collateral Agent, 140 Sherman Street, Fourth Floor, Fairfield, Connecticut 06824,
Attention: Lisa Price. 

  
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 “Covered Jurisdiction” means the collective reference to Canada and the
United States, including for the avoidance of doubt, any country, state, province, territory (other than a territory of the United States) thereof. 

“Credit Agreement” means (i) the ABL Credit Agreement and (ii) whether or not the ABL Credit Agreement remains
outstanding, if designated by the Co-Issuers to be included in the definition of “Credit Agreement,” one or more (1) debt facilities, indentures or commercial paper facilities providing for
revolving credit loans, term loans, notes, debentures, receivables financing (including through the sale of receivables to lenders or to special purpose entities formed to borrow from lenders against such receivables) or letters of credit,
(2) debt securities, notes, mortgages, guarantees, collateral documents, indentures or other forms of debt financing (including convertible or exchangeable debt instruments or bank guarantees or bankers’ acceptances), or
(3) instruments or agreements evidencing any other Indebtedness, in each case, with the same or different borrowers or issuers and, in each case, as amended, supplemented, modified, extended, restructured, renewed, refinanced, restated
increased (provided that such increase in borrowings is permitted under this Indenture), replaced or refunded in whole or in part from time to time and whether by the same or any other agent, lender or investor or group of lenders or investors. 

“Default” means any event that is, or with the passage of time or the giving of notice or both would be, an Event of Default.

 “Depositary” means, with respect to the Notes issuable or issued in whole or in part in global form, the Person
specified in Section 2.03 as the Depositary with respect to the Notes, and any and all successors thereto appointed by the Co-Issuers as depositary hereunder and having become such pursuant to the
applicable provisions of this Indenture. 
 “Designated Non-cash Consideration” means the Fair Market Value of non-cash
consideration received by the Parent Guarantor or any of its Restricted Subsidiaries in connection with an Asset Sale that is so designated as Designated Non-cash Consideration pursuant to an Officer’s
Certificate, setting forth the basis of such valuation, less the amount of Cash Equivalents received in connection with a subsequent sale of such Designated Non-cash Consideration. A particular item of
Designated Non-Cash Consideration will no longer be considered to be outstanding when and to the extent it has been paid, redeemed or otherwise retired or sold or otherwise disposed of in compliance with
Section 4.10. 
 “Designated Preferred Stock” means Preferred Stock of the Parent Guarantor or any Parent Company
(other than Disqualified Stock), that is issued for cash (other than to the Parent Guarantor or any of its Subsidiaries or an employee stock plan or trust established by the Parent Guarantor or any of its Subsidiaries) and is so designated as
Designated Preferred Stock, pursuant to an Officer’s Certificate, on the date of issuance thereof, the cash proceeds of which are excluded from the calculation set forth in Section 4.07(a)(z). 

“Designated Revolving Commitments” means any commitments to make loans or extend credit on a revolving basis (or delayed draw
basis) to the Parent Guarantor or any of its Restricted Subsidiaries by any Person other than the Parent Guarantor or any of its Restricted Subsidiaries that have been designated in an Officer’s Certificate delivered to the Trustee as
“Designated Revolving Commitments” until such time as the Parent Guarantor subsequently delivers an Officer’s Certificate to the Trustee to the effect that such commitments shall no longer constitute “Designated Revolving
Commitments”; provided that during such time (including at the time of the incurrence of such Designated Revolving Commitments), (1) such Designated Revolving Commitments will be deemed an incurrence of Indebtedness on such date and will be
deemed outstanding for purposes of calculating the Fixed Charge Coverage Ratio, the Consolidated First Lien Debt Ratio, the Consolidated Total Debt Ratio and the availability of any Baskets hereunder and (2) commencing on the date such
Designated Revolving Commitments are established after giving pro forma effect to the incurrence of the entire committed amount of the Indebtedness thereunder (but without netting any cash proceeds thereof), such committed amount under such
Designated Revolving Commitments may thereafter be borrowed (and reborrowed, if applicable), in whole or in part, from time to time, without further compliance with any Basket or financial ratio or test under this Indenture (including the Fixed
Charge Coverage Ratio, the Consolidated Total Debt Ratio and the Consolidated First Lien Debt Ratio). 

  
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 “Disinterested Director” means, with respect to any Affiliate Transaction,
a member of the Board of Directors of the Company having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of the Board of Directors of the Company shall be deemed not to have such a
financial interest by reason of such member’s holding Capital Stock of the Company, the Parent Guarantor or any Parent Company or any options, warrants or other rights in respect of such Capital Stock. 

“Disqualified Stock” means any Capital Stock that, by its terms (or by the terms of any security into which it is
convertible, or for which it is exchangeable, in each case, at the option of the holder of the Capital Stock), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than (i) solely for Qualifying
Equity Interests and cash in lieu of fractional shares or (ii) solely at the discretion of the issuer), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control, asset sale or similar event so long as any
rights of the holders thereof upon the occurrence of a change of control, asset sale or similar event shall be subject to the prior repayment in full of the Notes Obligations), (b) is redeemable at the option of the holder thereof (other than
(i) solely for Qualifying Equity Interests and cash in lieu of fractional shares or (ii) as a result of a change of control, asset sale or similar event so long as any rights of the holders thereof upon the occurrence of a change of
control, asset sale or similar event shall be subject to the prior repayment in full of Notes Obligations), (c) provides for the scheduled payments of dividends in cash or (d) is or becomes convertible into or exchangeable for Indebtedness or
any other Equity Interests that would constitute Disqualified Stock, in the case of each of clauses (a), (b), (c) and (d), prior to the date that is 91 days after the maturity date of the Notes then outstanding at the time of issuance of such Equity
Interests; provided that any Equity Interests held by any future, current or former employee, director, officer, member of management, independent contractor or consultant (or their respective Controlled Investment Affiliates or Immediate Family
Members) of the Parent Guarantor, any of its Subsidiaries, any Parent Company or any other entity in which the Parent Guarantor or any of its Restricted Subsidiaries has an Investment and is designated in good faith as an “affiliate” by
the Board of Directors (or the compensation committee thereof) of the Company, in each case pursuant to any co-invest agreement, equity subscription or shareholders’ agreement, any management,
shareholder, director or employee equity plan, any stock option plan or any other management or employee benefit plan or agreement shall not constitute Disqualified Stock solely because it may be required to be repurchased by the Parent Guarantor or
any Parent Company or any of their respective Subsidiaries in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s, director’s, officer’s, management member’s, independent
contractor’s or consultant’s termination of employment or service, as applicable, death or disability; provided, further, that any class of Capital Stock of such Person that by its terms authorizes such Person to satisfy its obligations
thereunder by delivery of Capital Stock that is not Disqualified Stock will not be deemed to be Disqualified Stock. 
 “Domestic
Restricted Subsidiary” means any Restricted Subsidiary of the Parent Guarantor that was formed under the laws of the United States or any state of the United States or the District of Columbia (and, for the avoidance of doubt, excluding
Puerto Rico or any territory of the United States). 
 “Domestic Subsidiary” means any Subsidiary of the Parent Guarantor
that was formed under the laws of the United States or any state of the United States or the District of Columbia (and, for the avoidance of doubt, excluding Puerto Rico or any territory of the United States). 

“DTC” means The Depository Trust Company or any successor securities clearing agency. 

“Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any
debt security that is convertible into, or exchangeable for, Capital Stock). 
 “Equity Interests” means Capital Stock and
all warrants, options or other rights to acquire Capital Stock (but excluding any debt security that is convertible into, or exchangeable for, Capital Stock whether or not such debt securities include any right of participation with Equity
Interests, until any such conversion). 
 “Equity Offering” means (a) a public or private sale either (1) of
Equity Interests of the Parent Guarantor or the Company (other than Disqualified Stock and other than to a Subsidiary of the Parent Guarantor or any Parent Company) or (2) of Equity Interests of a Parent Company (other than to the Parent
Guarantor, a Subsidiary of the Parent Guarantor or any other Parent Company), in each case, other than public offerings registered on Form S-8 or (b) any Qualified IPO. 

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

“Excluded Assets” means: 
  

	 	i.	 (A) any fee owned Real Property (other than Material Real Properties); provided that any fee-owned Real Property located in the United States that is located in a flood or mudslide hazard area or subject to any flood insurance due diligence, flood insurance requirements or compliance with flood
insurance laws shall not be included in the Collateral and (B) any leasehold rights and interests in Real Property (including any obligation to obtain landlord or other third-party waivers,
non-disturbance agreements, estoppels, bailee waivers, warehouseman waivers and collateral access letters); 

  

	 	ii.	 motor vehicles, airplanes and other assets subject to certificates of title; 

 

	 	iii.	 commercial tort claims where the amount of damages claimed by the
Co-Issuers or the applicable Guarantor is less than $10,000,000; 

  

	 	iv.	 any governmental or regulatory licenses or federal, state, provincial, territorial or local franchises,
charters and authorizations and any other property and assets to the extent that the Collateral Agent may not (or is restricted from) validly possess a Lien therein under applicable law (including, without limitation, rules and regulations of any
governmental authority or agency) or the pledge or creation of a Lien in any asset which would require governmental, regulatory or third party consent, approval, license or authorization (to the extent such consent, approval, license or
authorization was not obtained (it being understood and agreed that the Co-Issuers and the Guarantors shall be under no obligation to obtain such consent, approval, license or authorization)), other than to
the extent such prohibition, limitation or restriction is rendered ineffective under the UCC or other applicable law; 

  

	 	v.	 any particular asset or right under contract (including any lease, license, permit or agreement), if the pledge
thereof or the Lien therein (A) is prohibited or restricted by applicable law (including any requirement to obtain the consent of any governmental authority or regulatory authority), other than to the extent such prohibition or restriction is
rendered ineffective under the UCC or other applicable law and (B) to the extent and for so long as it would violate or invalidate the terms of such contract (in each case, after giving effect to the relevant provisions of the UCC or other
applicable requirements of law) or would give rise to a termination right of a third party (other than the Parent Guarantor, a Co-Issuer or any Restricted Subsidiary) thereunder or require consent, approval,
license or authorization of a third party (other than the Parent Guarantor, a Co-Issuer or any Restricted Subsidiary) thereunder (except to the extent such provision is overridden by the UCC or other
applicable requirements of law), in each case, only to the extent that such limitation on such pledge or security interest is not otherwise prohibited; 

  

	 	vi.	 (A) margin stock, (B) Equity Interests in, and property and assets of, any Person other than
Wholly-Owned Restricted Subsidiaries, and (C) Equity Interests in, and property and assets of, any broker-dealer Subsidiary, Unrestricted Subsidiary, Captive Insurance Subsidiary,
not-for-profit Subsidiary or special purpose securitization vehicle (or similar entity) or any Subsidiary that is an Immaterial Subsidiary, in each case of this clause
(C) that are not Guarantors; 

  

	 	vii.	 any lease, license or agreement or any property subject to a purchase money security interest, capital lease
obligation or similar arrangement permitted by this Indenture, in each case, to the extent that a grant of a Lien therein (A) would violate or invalidate such lease, license or agreement, or purchase money or similar arrangement or create a
right of termination in favor of any other party thereto other than the Co-Issuers or any Guarantor (after giving effect to the applicable anti-assignment provisions of the UCC or other applicable law) or
(B) would require governmental, regulatory or third-party (other than the Co-Issuers or any Guarantor) approval, consent or authorization pursuant to the terms thereof (in each case after giving effect to
the applicable anti-assignment provisions of the UCC or other applicable law) (other than proceeds and receivables thereof, the assignment of 

  
 -22- 

	 	
which is deemed effective under the UCC or other applicable law notwithstanding such prohibition) not obtained (without any requirement to obtain such approval, consent or authorization) (in each
case of clauses (A) and (B), after giving effect to the applicable anti-assignment provisions of the UCC or other applicable law but only to the extent that such limitation on such pledge or Lien is not otherwise prohibited under this
Indenture); 

  

	 	viii.	 letter of credit rights, except to the extent perfection of the Lien therein is accomplished by the filing of a
UCC financing statement or equivalent financing statement, financing change statement or registration (it being understood that no actions shall be required to perfect a Lien in letter of credit rights, other than the filing of a UCC financing
statement or equivalent financing statement, financing change statement or registration); 

  

	 	ix.	 any intent-to-use trademark
application of any Guarantor that is a Domestic Restricted Subsidiary prior to the filing, and acceptance by the U.S. Patent and Trademark Office, of a “Statement of Use” or “Amendment to Allege Use” with respect thereto;

  

	 	x.	 the creation or perfection of pledges of, or security interests in, any property or assets that could
reasonably be expected to result in adverse tax consequences and/or adverse regulatory consequences and assets where the burden or cost (including adverse tax or regulatory consequences) of obtaining a Lien therein or perfection thereof exceeds the
practical benefit to the Notes Secured Parties afforded thereby as reasonably determined by the Co-Issuers in good faith and notified in writing to the Collateral Agent; 

 

	 	xi.	 segregated funds held in a fiduciary capacity for others (that are the
Co-Issuers or a Guarantor); 

  

	 	xii.	 Receivables Assets sold to or otherwise pledged, factored, transferred or sold in connection with any
Receivables Facility; 

  

	 	xiii.	 any property subject to a Lien permitted by clauses (iv), (vi) (limited to Capitalized Leases, attributable
indebtedness and purchase money security interest and other similar arrangements incurred pursuant thereto), or (xii) of the definition of “Permitted Liens” (in the case of clause (xii) to the extent relating to a Lien originally
incurred pursuant to clause (iv) or (vi)) in each case, to the extent the documents governing such lien do not permit any other lien on such property; 

  

	 	xiv.	 cash collateral held solely for the benefit of holders of Permitted Debt; 

 

	 	xv.	 voting Equity Interests (and Indebtedness treated as equity for U.S. federal income tax purposes) of any
Subsidiary that is (A) a CFC or (B) a CFC Holdco, in each case, in excess of 65% of the issued and outstanding voting Equity Interests (and Indebtedness treated as equity for U.S. federal income tax purposes) of such CFC or CFC Holdco;

  

	 	xvi.	 any assets of (A) any Foreign Subsidiary that is a CFC or a CFC Holdco or (B) any Subsidiary of such
a CFC or CFC Holdco (including Equity Interests of any such Subsidiary of such a CFC or CFC Holdco); 

  

	 	xvii.	 segregated lockboxes and collection accounts (and any cash and Cash Equivalents therein) maintained solely in
connection with any factoring facility; and 

  

	 	xviii.	 any assets located or titled outside the United States or assets that require action under the law of any non-U.S. jurisdiction to create or perfect a security interest in such assets under such non-U.S. jurisdiction, including any Intellectual Property registered in any non-U.S. jurisdiction (and no security agreements or pledge agreements governed under the laws of any non-U.S. jurisdiction), 

  
 -23- 

 provided, however, that Excluded Assets shall not include any proceeds, substitutions
or replacements of any Excluded Assets referred to in clauses (i) through (xviii) (unless such proceeds, substitutions or replacements would constitute Excluded Assets referred to in clauses (i) through (xviii)); provided,
further, that, other than assets owned by any Canadian Restricted Subsidiary (which shall secure the ABL Obligations but not the Notes Obligations) no assets shall constitute an Excluded Asset unless such asset also constitutes an
“Excluded Asset” under and as defined in the ABL Credit Agreement. 
 So long as the ABL Intercreditor Agreement is in effect and
prior to the repayment in full of the obligations under the ABL Credit Agreement, if the ABL Collateral Agent grants an extension of time pursuant to a provision in the ABL Credit Agreement that is substantially similar to the corresponding
provisions of the definition of “Excluded Assets” or exercises its discretion under the ABL Credit Agreement to determine that any Subsidiary of the Parent Guarantor shall be excluded from any of the requirements of the “Collateral
and Guarantee Requirement” (as defined in the ABL Intercreditor Agreement) including the requirement to become a Guarantor, or that any property shall be excluded by falling within the definition of “Excluded Asset” (in each case as
defined in the ABL Credit Agreement), the Collateral Agent shall automatically be deemed to accept such determination under this Indenture and the Security Documents with respect to the Notes Obligations and shall execute any documentation requested
by the Co-Issuers or the Parent Guarantor, if applicable, in connection therewith, in each case, other than pursuant to a repayment or refinancing of the ABL Credit Agreement, including the immediately
preceding paragraph. The Co-Issuers shall provide written notice (which may be by email) to the Collateral Agent certifying as to any such determination made by the ABL Collateral Agent which shall be binding
upon the Collateral Agent and the Holders in accordance with the terms of this Indenture and such Security Documents. 
 “Excluded
Contributions” means the net cash proceeds, Cash Equivalents and/or Fair Market Value of marketable securities or the fair market value of Qualified Proceeds received by the Parent Guarantor, a
Co-Issuer or any Guarantor after the Issue Date from: 
 (i) contributions to its
common equity capital; 
 (ii) dividends, distributions, fees and other payments from any joint ventures that are not
Restricted Subsidiaries; and 
 (iii) the sale (other than to the Parent Guarantor or to a Subsidiary of the Parent Guarantor
or to any management equity plan or stock option plan or any other management or employee benefit plan or agreement of the Parent Guarantor or any Subsidiary of the Parent Guarantor) of Capital Stock (other than Refunding Capital Stock, Disqualified
Stock or Designated Preferred Stock) of the Parent Guarantor; 
 in each case designated as Excluded Contributions pursuant to an Officer’s
Certificate, the proceeds of which are excluded from the calculation set forth in Section 4.07(a)(z). 
 “Excluded
Subsidiaries” means, (i) any direct or indirect Subsidiary that is not a Wholly-Owned Subsidiary of a Co-Issuer or a Guarantor, (ii) Unrestricted Subsidiaries, (iii) Immaterial
Subsidiaries, (iv) special purpose vehicle (or similar entity, including any Securitization Subsidiary or Receivables Subsidiaries), (v) Regulated Subsidiaries or Broker-Dealer Regulated Subsidiary, (vi) Not-for-Profit Subsidiaries, (vii) any direct or indirect Foreign Subsidiary and any CFC Holdco, (viii) any Domestic Subsidiary that is a direct or indirect Subsidiary of a Foreign
Subsidiary that is a CFC, (ix) Captive Insurance Subsidiaries, (x) any Subsidiary that is prohibited or restricted by applicable law, rule or regulation or by any contractual obligation existing on the date of this Indenture (or, in the
case of any newly acquired Subsidiary, existing at the time of acquisition thereof after the date of this Indenture (so long as such prohibition did not arise in contemplation of avoiding the guarantee and collateral requirements under this
Indenture), in each case, from guaranteeing the Notes or which would require governmental (including regulatory) or third party consent, approval, license or authorization or could reasonably expected to result in adverse tax consequences as
reasonably determined by the Co-Issuers, (xi) any Subsidiary where the burden, difficulty or consequence of obtaining a guarantee by such Subsidiary (taking into account any adverse tax or regulatory
consequences to the Parent Guarantor or any of its Parent Companies (including the imposition of withholding or other Taxes that are not de minimis)) would outweigh the practical benefit to be obtained by the Notes Secured Parties as reasonably
determined by the Co-Issuers in good faith and (xii) any Subsidiary acquired pursuant to a permitted acquisition or other permitted Investment that is prohibited from providing a guarantee pursuant to the
terms of any permitted Indebtedness (and such prohibition was not entered into in anticipation of such acquisition); provided, that no Subsidiary shall constitute an Excluded Subsidiary unless such Subsidiary also constitutes an “Excluded
Subsidiary” under and as defined in the ABL Credit Agreement. 

  
 -24- 

 “Existing Receivables Facilities” means the Accounts Receivable Factoring
Agreement, as described under the “Description of Certain Other Indebtedness—Accounts Receivable Factoring Agreement” section of the Offering Memorandum 

“Fair Market Value” means the value (which, for the avoidance of doubt, will take into account any liabilities, contingent or
otherwise, associated with related assets) that would be paid by a willing buyer to an unaffiliated willing seller in an arm’s-length transaction, determined in good faith by the Board of Directors of the
Company (unless otherwise provided in this Indenture). 
 “First Lien Documents” means the credit, guarantee and security
documents governing the First Lien Obligations. 
 “First Lien Obligations” means, collectively (i) the Notes
Obligations and (ii) each Series of Additional First Lien Obligations. 
 “First Lien Secured Parties” means
(i) the Notes Secured Parties and (ii) any Additional First Lien Secured Parties. 
 “First Lien Security
Documents” means the Security Documents and any other agreement, document or instrument pursuant to which a Lien is granted or purported to be granted securing First Lien Obligations or under which rights or remedies with respect to such
Liens are governed, in each case to the extent relating to the collateral securing the First Lien Obligations. 
 “Fitch”
means Fitch Ratings, Ltd, and its successors. 
 “Fixed Asset Obligations” means the Initial Fixed Asset Obligations and
any Additional Fixed Asset Obligations. 
 “Fixed Asset Obligations Documents” means, collectively, the documentation in
respect of the Fixed Asset Obligations, including the First Lien Documents. 
 “Fixed Asset Priority Collateral” means the
portion of Collateral that is not ABL Priority Collateral, including all real estate, equipment and intellectual property of any Grantor and any unit, membership or equity interests of any subsidiary of any Grantor (including, for the avoidance of
doubt, any such property and interests in property that, but for the application of Section 552 of the Bankruptcy Code (or any provision of any other Bankruptcy Laws) would constitute Fixed Asset Priority Collateral). 

“Fixed Charge Coverage Ratio” means, with respect to any Person as of any date, the ratio of (i) Consolidated EBITDA of
such Person for the most recently ended Test Period immediately preceding the date on which such calculation of the Fixed Charge Coverage Ratio is made, calculated on a Pro Forma Basis for such period to (ii) the Fixed Charges of such Person
for such period calculated on a Pro Forma Basis. In the event that the Parent Guarantor, a Co-Issuer or any of their Restricted Subsidiaries incurs or redeems or repays any Indebtedness (other than in the case
of revolving credit borrowings or revolving advances under any Qualified Securitization Transaction unless the related commitments have been terminated and such Indebtedness has been permanently repaid and has not been replaced) or issues or redeems
Preferred Stock or Disqualified Stock subsequent to the commencement of the period for which the Fixed Charge Coverage Ratio is being calculated but prior to or simultaneously with the event for which the calculation of the Fixed Charge Coverage
Ratio is made, then the Fixed Charge Coverage Ratio shall be calculated on a Pro Forma Basis; provided that, in the event that the Co-Issuers shall classify Indebtedness incurred on the date of determination
as incurred in part as Ratio Debt and in part pursuant to one or more clauses of Section 4.09(b) (other than in respect of Section 4.09(b)(13)), as provided in the fourth paragraph of such covenant, any calculation of Fixed Charges
pursuant to this definition on such date (but not in respect of any future calculation following such date) shall not include any such Indebtedness (and shall not give effect to any repayment, repurchase, redemption, defeasance or other acquisition,
retirement or discharge of Indebtedness from the proceeds thereof) to the extent incurred pursuant to any such other clause of such definition. 

  
 -25- 

 “Fixed Charges” means, with respect to any specified Person for any period,
the sum, without duplication, of: 
 (i) the consolidated interest expense of such Person and its Restricted Subsidiaries for
such period, whether paid or accrued, to the extent such expense was deducted in computing Consolidated Net Income, including, without limitation, amortization of original issue discount, the interest component of all payments associated with
Capital Lease Obligations, and the net of the effect of all payments made or received pursuant to Hedging Obligations in respect of interest rates (but excluding any non-cash interest expense attributable to
the mark-to-market valuation of Hedging Obligations or other derivatives pursuant to GAAP) and excluding (a) penalties and interest relating to Taxes,
(b) amortization or write-off of deferred financing fees and expensing of any other financing fees, including any expensing of bridge or commitment fees, (c) any additional cash interest owing
pursuant to any registration rights agreement, (d) the non-cash portion of interest expense resulting from the reduction in the carrying value under purchase accounting of the Co-Issuers’ outstanding Indebtedness, (e) commissions, discounts, yield and other fees and charges (including any interest expense) related to any Securitization Transaction and Receivables Facility,
(f) annual agency fees paid to the administrative agents and collateral agents under the ABL Credit Agreement, (g) costs associated with obtaining Hedging Obligations, (h) any expense resulting from the discounting of any Indebtedness
in connection with the application of recapitalization accounting or, if applicable, purchase accounting in connection with any acquisition, (i) any accretion of accrued interest on discounted liabilities and any prepayment premium or penalty
and (j) interest expense resulting from push-down accounting; provided that, for purposes of calculating consolidated interest expense, no effect will be given to the discount and/or premium resulting from the bifurcation of derivatives under
ASC 815, Derivatives and Hedging, as a result of the terms of the Indebtedness to which such consolidated interest expense applies; plus 

(ii) the consolidated interest expense of such Person and its Restricted Subsidiaries that was capitalized during such period;
plus 
 (iii) all cash dividends, whether paid or accrued, on any series of Preferred Stock or any series of Disqualified
Stock of such Person or any of its Restricted Subsidiaries, excluding items eliminated in consolidation, in each case, determined on a consolidated basis in accordance with GAAP; minus 

(iv) the consolidated interest income of such Person and its Restricted Subsidiaries for such period, whether received or
accrued, to the extent such income was included in determining Consolidated Net Income. 
 “Fixed GAAP Date” means the
Issue Date; provided that at any time after the Issue Date, a Co-Issuer may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice,
the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice. 
 “Fixed GAAP
Terms” means (i) the definitions of the terms “Capital Lease Obligation,” “Fixed Charges,” “Fixed Charge Coverage Ratio,” “Consolidated Net Income,” “Consolidated Total Debt Ratio,”
“Consolidated Total Indebtedness,” “Consolidated EBITDA” and “Indebtedness,” (ii) all defined terms in this Indenture to the extent used in or relating to any of the foregoing definitions, and all ratios and
computations based on any of the foregoing definitions, and (iii) any other term or provision of this Indenture or the Notes that, at the Co-Issuers’ election, may be specified by a Co-Issuer by written notice to the Trustee from time to time; provided that a Co-Issuer may elect to remove any term from constituting a Fixed GAAP Term. 

“Foreign Subsidiary” means any Restricted Subsidiary of the Parent Guarantor or a
Co-Issuer that is not a Domestic Restricted Subsidiary. 

  
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 “GAAP” means International Financial Reporting Standards or any accounting
principles that are recognized as generally accepted accounting principles set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of
the Financial Accounting Standards Board Accounting Standards Codification or in such other statements by such other entity as have been approved by a significant segment of the accounting profession (but excluding the policies, rules and
regulations of the Commission applicable only to public companies); provided that all terms of an accounting or financial nature used in this Indenture shall be construed, and all computations of amounts and ratios referred to in this Indenture
shall be made (a) without giving effect to any election under Accounting Standards Codification Topic 825—Financial Instruments, or any successor thereto or comparable accounting principle (including pursuant to the Accounting Standards
Codification), to value any Indebtedness of the Company or any Subsidiary at “fair value,” as defined therein and (b) the amount of any Indebtedness under GAAP with respect to Capitalized Lease Obligations shall be determined in
accordance with the definition of Capitalized Lease Obligations; provided, further, that if any such accounting principle changes after the Issue Date, the Co-Issuers may, at their option, elect to employ such
accounting principle as in effect on the Issue Date, as in effect on the Fixed GAAP Date (for purposes of the Fixed GAAP Terms) and as in effect from time to time (for all other purposes of this Indenture); provided that the Co-Issuers may at any time elect by written notice to the Trustee to use IFRS in lieu of GAAP for financial reporting purposes and, upon any such notice, references herein to GAAP shall thereafter be construed to
mean (a) for periods beginning on and after the date specified in such notice, IFRS as in effect on the date specified in such notice (for purposes of the Fixed GAAP Terms) and as in effect from time to time (for all other purposes of this
Indenture) and (b) for prior periods, GAAP as defined in the first sentence of this definition. Following such election, all ratios, computations and references to accounting standards based on GAAP contained in this Indenture shall be computed
in conformity with IFRS; provided that notwithstanding any other provision contained herein, (a) any lease (or similar arrangement conveying the right to use) that would have been characterized as an operating lease in accordance with IFRS in
force prior to January 1, 2019 (whether or not such lease was in effect on such date) shall be accounted for as, and deemed to be, an operating lease (and not as Indebtedness or as a Capitalized Lease) for all purposes of this Indenture
regardless of the implementation of IFRS 16, leases or otherwise any change in IFRS following such date that would otherwise require such lease to be recharacterized as Indebtedness or as a Capitalized Lease. For the purposes of this Indenture, the
term “consolidated,” with respect to any Person, shall mean such Person consolidated with its Restricted Subsidiaries, and shall not include any Unrestricted Subsidiary, but the interest of such Person in an Unrestricted Subsidiary will be
accounted for as an Investment. 
 “Government Securities” means securities that are: 

(i) direct obligations of the United States of America for the timely payment of which its full faith and credit is pledged; or 

(ii) obligations of a Person controlled or supervised by and acting as an agency or instrumentality of the United States of America the timely
payment of which is unconditionally guaranteed as a full faith and credit obligation by the United States of America, 
 which, in either
case, are not callable or redeemable at the option of the issuers thereof, and shall also include a depository receipt issued by a bank (as defined in Section 3(a)(2) of the Securities Act), as custodian with respect to any such Government
Securities or a specific payment of principal of or interest on any such Government Securities held by such custodian for the account of the holder of such depository receipt; provided that (except as required by law) such custodian is not
authorized to make any deduction from the amount payable to the holder of such depository receipt from any amount received by the custodian in respect of the Government Securities or the specific payment of principal of or interest on the Government
Securities evidenced by such depository receipt. 
 “Grantors” means the Parent Guarantor, the Co-Issuers and the other Guarantors. 
 “Group” means, collectively, the Parent Guarantor
and each of the Parent Guarantor’s Restricted Subsidiaries. 
 “Guarantee” means a guarantee other than by endorsement
of negotiable instruments for collection in the ordinary course of business, direct or indirect, in any manner including, without limitation, by way of a pledge of assets or through letters of credit or reimbursement agreements in respect thereof,
of all or any part of any Indebtedness (whether arising by virtue of partnership arrangements, or by agreements to keep-well, to purchase assets, goods, securities or services, to take or pay or to maintain financial statement conditions or
otherwise). 

  
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 “Guarantors” means the Parent Guarantor, any Subsidiary of the Parent
Guarantor or the Co-Issuers (other than a Co-Issuer) and each Co-Issuer with respect to the Notes Obligations of the other Co-Issuer that executes a Note Guarantee in accordance with the provisions of this Indenture and their respective successors and assigns that constitute Wholly Owned Domestic Restricted Subsidiaries (other than
Excluded Subsidiaries), in each case, until the Note Guarantee of such Person has been released in accordance with the provisions of this Indenture (for the avoidance of doubt, any such entity that does not then guarantee the ABL Obligations shall
not be a Guarantor under this Indenture). The Co-Issuers may in their sole discretion designate any of their Restricted Subsidiaries that is not required to be a Guarantor hereunder (such a Restricted
Subsidiary, an “Elective Guarantor”) to Guarantee the Notes Obligations by causing such Restricted Subsidiary to execute this Indenture on the Issue Date or a guarantor joinder agreement thereafter, and then any such
Restricted Subsidiary shall be a Guarantor (and, as applicable, any related defined term that is a subcategory of any of the foregoing) for all purposes. 

“Hedging Obligations” means, with respect to any specified Person, the obligations of such Person under: 

(i) any Swap Contract; 

(ii) other agreements or arrangements designed to manage interest rates or interest rate risk; and 

(iii) other agreements or arrangements (including any foreign exchange contract, currency swap agreement or other similar
agreement or arrangements (including derivative agreements or arrangements)) designed to protect such Person against fluctuations in currency exchange rates or commodity prices. 

“Holder” means each Person in whose name the Notes are registered on the registrar’s books, which shall initially be the
nominee of DTC. 
 “IFRS” means International Financial Reporting Standards as issued by the International Accounting
Standards Board as in effect from time to time. 
 “Immaterial Subsidiary” means any Restricted Subsidiary of the Parent
Guarantor that is not a Material Subsidiary. 
 “Immediate Family Members” means with respect to any individual, such
individual’s child, stepchild, grandchild or more remote descendant, parent, stepparent, grandparent, spouse, former spouse, qualified domestic partner, sibling,
mother-in-law, father-in-law, son-in-law, daughter-in-law (including, in each case, adoptive relationships) and/or any direct lineal descendants and any
trust, partnership or other bona fide estate-planning vehicle the only beneficiaries of which are any of the foregoing individuals or any private foundation or fund that is controlled by any of the foregoing individuals or any donor-advised fund of
which any such individual is the donor. 
 “Indebtedness” means, with respect to any specified Person, without duplication,
any indebtedness of such Person, whether or not contingent: 
 (i) in respect of borrowed money; 

(ii) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect
thereof); 
 (iii) in respect of banker’s acceptances, bank guarantees, surety bonds, performance bonds and similar
instruments issued or created for the account of such Person; 
 (iv) representing Capital Lease Obligations; 

  
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 (v) representing the balance of deferred and unpaid purchase price of any
property due more than 60 days after such property is acquired (other than (i) trade accounts and accrued expenses payable in the ordinary course of business, (ii) any earn-out obligations, including
deferred or other contingent purchase price obligations (including deferred performance incentives, whether or not a service component is required from the transferor or its related party), until such obligation becomes a liability on the balance
sheet of such Person in accordance with GAAP and is not paid after becoming due and payable and (iii) accruals for payroll and other liabilities accrued in the ordinary course of business); 

(vi) net obligations of such Person under any Hedging Obligations; 

(vii) all obligations of such Person in respect of Disqualified Stock, if and to the extent that the foregoing would constitute
indebtedness or a liability in accordance with GAAP; 
 (viii) to the extent not otherwise included above, all Guarantees of
such Person in respect of Indebtedness described in clauses (a) through (g) in respect of any of the foregoing. 
 For all purposes
hereof, the Indebtedness of any Person shall (1) 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,
except to the extent such Person’s liability for such Indebtedness is otherwise limited and only to the extent such Indebtedness would be included in the calculation of Consolidated Total Net Debt, (2) in the case of the Parent Guarantor,
the Co-Issuers and their Restricted Subsidiaries, exclude all intercompany Indebtedness in the ordinary course of business having a term not exceeding 364 days (inclusive of any roll-over or extensions of
terms) and (3) exclude (A) deferred compensation payable to officers, directors or employees of such Person or any of its Subsidiaries, (B) deferred rent, deferred revenue and deferred Taxes, in each case, in the ordinary course of
business, (C) payments and distributions to dissenting stockholders of such Person pursuant to applicable law, (D) any obligations attributable to the exercise of appraisal rights and the settlement of any claims or actions (whether
actual, contingent or potential) with respect thereto, (E) trade liabilities and accounts and accrued expenses payable in the ordinary course of business, (F) any purchase price adjustment or
earn-out obligation until such obligation is not paid after becoming due and payable, (G) accruals for payroll, obligations under employment arrangements and other liabilities accrued in the ordinary
course of business, (H) obligations under or in respect of Qualified Securitization Transactions or Qualified Receivables Facilities and (I) Indebtedness of any Parent Company appearing on the balance sheet of the Company solely by reason
of push down accounting under GAAP. 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 debt. The amount of Indebtedness of any Person for purposes of clause
(vii) that is made non-recourse or limited recourse (limited solely to the assets securing such Indebtedness) to such Person shall be deemed to be equal to the lesser of (1) the aggregate unpaid
amount of such Indebtedness and (2) the fair market value of the property encumbered thereby as determined by such Person in good faith. 

The term “Indebtedness” shall not include any prepayments of deposits received from clients or customers in the ordinary course of
business, or obligations under any license, permit or other approval (or Guarantees given in respect of such obligations) incurred prior to the Issue Date or in the ordinary course of business. Indebtedness shall be calculated without giving effect
to the provisions of ASC 815, Derivatives and Hedging and related interpretations to the extent such provisions would otherwise increase or decrease an amount of Indebtedness for any purpose under this Indenture as a result of accounting for any
embedded derivatives created by the terms of such Indebtedness. 
 “Independent Financial Advisor” means an accounting,
appraisal or investment banking firm or consultant to Persons engaged in a Permitted Business, in each case of nationally recognized standing that is, in the good faith determination of the Co-Issuers,
qualified to perform the task for which it has been engaged. 
 “Initial Fixed Asset Obligations” means the Notes
Obligations. 
 “Intercreditor Agreements” means the collective reference to the ABL Intercreditor Agreement, the Pari
Passu Intercreditor Agreement and any Junior Lien Priority Intercreditor Agreement. 
 “Inventory” has the meaning assigned
to such term in the ABL Intercreditor Agreement. 

  
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 “Investment Grade Securities” means: 

(i) securities issued or directly and fully guaranteed or insured by the U.S. government or any agency or instrumentality
thereof (other than Cash Equivalents) and in each case with maturities not exceeding two years from the date of acquisition; 

(ii) securities that have a rating equal to or higher than Baa3 (or the equivalent) by Moody’s or BBB- (or the equivalent) by S&P, or an equivalent rating by any other “nationally recognized statistical rating organization” within the meaning of Section 3(a)(62) of the Exchange Act; 

(iii) investments in any fund that invests at least 95% of its assets in investments of the type described in clauses
(1) and (2) which fund may also hold immaterial amounts of cash pending investment and/or distribution; and 
 (iv)
instruments of the general type described in clauses (i), (ii) or (iii) above in countries other than the United States customarily utilized for high quality investments and in each case with maturities not exceeding two years from the date of
acquisition. 
 “Investments” means, with respect to any Person, all investments by such Person in other Persons (including
Affiliates) in the form of loans (including guarantees), advances or capital contributions (excluding accounts receivable, credit card and debit card receivables, trade credit, advances to customers, commission, travel, and similar advances to any
future, present or former employees, directors, officers, independent contractors, members of management, manufacturers and consultants, in each case made in the ordinary course of business), purchases or other acquisitions for consideration of
Indebtedness, Equity Interests or other securities issued by any other Person and the purchase or other acquisition (in one transaction or a series of transactions) of all or substantially all of the property and assets or business of another Person
or assets constituting a business unit, line of business, book of business or division of such Person (excluding, in the case of the Parent Guarantor, the Co-Issuers and their Restricted Subsidiaries,
intercompany advances or indebtedness in the ordinary course of business having a term not exceeding 364 days (inclusive of any roll-over or extensions of terms)). For purposes of the definitions of “Unrestricted Subsidiary” and
“Permitted Investments” and the covenants described under Sections 4.07 and 4.15: 
 (i)
“Investments” shall include the portion (proportionate to the Parent Guarantors’ Equity Interest in such Subsidiary) of the fair market value of the net assets of a Subsidiary at the time that such Subsidiary is
designated an Unrestricted Subsidiary; provided, that upon a redesignation of such Subsidiary as a Restricted Subsidiary of, the Parent Guarantor shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary in
an amount (if positive) equal to: 
 (1) the Parent Guarantor’s “Investment” in such Subsidiary at the time of
such redesignation; less 
 (2) the portion (proportionate to the Parent Guarantor’s Equity Interest in such Subsidiary)
of the fair market value of the net assets of such Subsidiary at the time of such redesignation; and 
 (ii) any property
transferred to or from an Unrestricted Subsidiary shall be valued at its fair market value at the time of such transfer, in each case as determined in good faith by the Co-Issuers. 

For purposes of covenant compliance, the amount of any Investment at any time shall be the amount actually invested (measured at the time of
the original Investment), without adjustment for subsequent increases or decreases in the value of such Investment, less any Returns in respect of such Investment (not in excess of the original amount of such Investment); provided that in lieu of
treating any Returns as a deduction to the amount of any applicable Investment, the Co-Issuers may instead elect that such Returns be used to increase Section 4.07(a)(z)(D)(i) to the extent such Returns
would otherwise be permitted to increase such clause pursuant to the terms thereof. 

  
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 “IPO Reorganization Transaction” means any
re-organization or other similar activities among the Parent Guarantor and any of its Restricted Subsidiaries in connection with and reasonably related to consummating an Equity Offering, so long as, after
giving effect thereto, (a) the Co-Issuers and the Guarantors are in compliance with the Collateral and Guarantee Requirement and the collateral and further assurances section in this Indenture,
(b) taken as a whole, the value of the Collateral securing the Co-Issuers’ obligations under this Indenture and the Notes and the Notes Guarantees are not materially reduced, and (c) the Liens
in favor of the Collateral Agent for the benefit of the Notes Secured Parties under the collateral documents are not materially impaired. 

“Issue Date” means the first date on which the Initial Notes (excluding, for the avoidance of doubt, any Additional Notes)
are issued. 
 “Junior Lien Priority” means Indebtedness that is secured by a Lien that is junior in priority to the Liens
on the Collateral securing the Notes and subject to the Intercreditor Agreements on a basis that is no more favorable to the holders of such Indebtedness than the provisions described in any Junior Lien Priority Intercreditor Agreement and the ABL
Intercreditor Agreement applicable to the holders of Permitted Junior Lien Obligations. 
 “Junior Lien Priority Intercreditor
Agreement” means a senior priority/junior priority intercreditor agreement (as may be amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms hereof and thereof, including pursuant to
any joinder agreement thereto) with (together with other relevant Persons) any collateral agent and/or other authorized representative of any Indebtedness having Junior Lien Priority, which intercreditor agreement shall provide for the subordination
of Liens on such Indebtedness to the Liens securing the notes and other intercreditor provisions with respect to such Indebtedness that are reasonably customary in the good faith determination of the Company (for intercreditor agreements providing
junior priority liens) (and the Collateral Agent shall (without any obligation to review or negotiate the terms of such Junior Lien Priority Intercreditor Agreement) sign any such Junior Lien Priority Intercreditor Agreement upon delivery of an
Officers’ Certificate of any Co-Issuer, to which it may conclusively rely without liability, certifying that such Junior Lien Priority Intercreditor Agreement is permitted or authorized by the terms of
this Indenture). 
 “Lien” means any mortgage, deed of trust, pledge, hypothecation, collateral assignment, deposit
arrangement, encumbrance, lien (statutory or other), hypothec, charge, or other security interest or preferential arrangement 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 Capitalized Lease having substantially the same economic effect as any of the foregoing); provided that in no event shall an operating lease in and of itself be deemed a Lien. 

“Limited Condition Transaction” means (i) any Investment, Permitted Acquisition or other acquisition (whether by merger,
arrangement, amalgamation, consolidation or other business combination or the acquisition of Capital Stock or otherwise) whose consummation is not conditioned on the availability of, or on obtaining, third party financing (including for any
Indebtedness contemplated or incurred in connection therewith), (ii) any redemption, repurchase, defeasance, satisfaction and discharge or repayment of Indebtedness, Disqualified Stock or any Preferred Stock requiring irrevocable notice in advance
of such redemption, repurchase, defeasance, satisfaction and discharge or repayment, (iii) any Restricted Payment (1) requiring irrevocable notice in advance thereof (provided that such notice may be conditioned on the occurrence of
another transaction) (including for any Indebtedness contemplated or incurred in connection therewith) or (2) to the extent such Restricted Payment is consummated in connection with a transaction described in clause (i) or (ii) above, and
(iv) any Asset Sale or other disposition permitted hereunder. 
 “LTM EBITDA” means Consolidated EBITDA of the Company
measured for the period of the most recently ended Test Period, with such pro forma adjustments giving effect to such Indebtedness, acquisition, Investment or other transaction or event, as applicable, since the start of such four quarter period and
as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio” and in the Limited Condition transaction section set forth herein. 

“Management Stockholder” means any present or former members of management of any Group member who are investors in any Group
member or any direct or indirect parent thereof, including, for the avoidance of doubt any future members of management of any Group member who are investors in any Group member or any direct or indirect parent thereof, including, for the avoidance
of doubt any future member of management who is elected, appointed or hired when the Permitted Holders (excluding such future Person) have the right or the ability by voting power, contract or otherwise to elect or designate for election at least a
majority of the Board of Directors of the Company. 

  
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 “Market Capitalization” means an amount equal to (i) the total number
of issued and outstanding shares of common Equity Interests of the Parent Guarantor, the Co-Issuers or the applicable Parent Company, as applicable, on the date of the declaration of a Restricted Payment
permitted pursuant to the exception to Section 4.07(b)(12) multiplied by (ii) the arithmetic mean of the closing prices per share of such common Equity Interests on the principal securities exchange on which such common Equity Interests
are traded for the 30 consecutive trading days immediately preceding the date of declaration of such Restricted Payment. 

“Material Adverse Effect” means any event, circumstance or condition that has had a materially adverse effect on (a) the
business, operations, assets or financial condition of the Parent Guarantor and its Subsidiaries, taken as a whole, (b) the ability of the Parent Guarantor, the Co-Issuers and the other Guarantors (taken
as a whole) to perform their payment obligations under the Notes and the Guarantees or (c) the rights and remedies of the Holders of the Notes, the Collateral Agent or the Trustee under the Notes, this Indenture and the Security Documents. 

“Material Real Property” means any fee-owned Real Property located in the United
States that is owned by a Co-Issuer or any Guarantor with a fair market value in excess of $5,000,000 (at the Issue Date or, with respect to fee-owned Real Property
located in the United States acquired after the Issue Date, at the time of acquisition, in each case, as reasonably estimated by the Parent Guarantor in good faith). 

“Material Subsidiary” means, as of the Issue Date and thereafter at any date of determination, each Restricted Subsidiary of
the Parent Guarantor which has earnings before interest, tax, depreciation and amortization (calculated (I) on an unconsolidated basis and (II) by excluding goodwill, intra-Group items and investments in subsidiaries (in each case to the
extent applicable) and (III) otherwise on the same basis as Consolidated EBITDA) representing 5% or more of Consolidated EBITDA; provided that: (a) such calculation shall be determined by reference to the most recent compliance certificate
required to be delivered by the Co-Issuers pursuant to the ABL Administrative Agent in respect of the latest annual financial statements delivered to the Trustee in accordance with the reporting requirements
hereunder (and, in respect of any period pursuant to the delivery of a compliance certificate, the most recent audited consolidated financial statements of the Company); (b) any entity having negative earnings before interest, tax, depreciation and
amortization shall be deemed to have zero earnings before interest, tax, depreciation and amortization; and (c) other than for purposes of determining an Event of Default hereunder, each Restricted Subsidiary which is an Excluded Subsidiary
will not be considered a Material Subsidiary. 
 “Moody’s” means Moody’s Investors Service, Inc., and its
successors. 
 “Mortgages” means collectively, the deeds of trust, trust deeds, hypothecs and mortgages made by the
Guarantors in favor or for the benefit of the Notes Collateral on behalf of the Notes Secured Parties creating and evidencing a Lien on any Material Real Property for which a Mortgage is required pursuant to the terms of this Indenture, in each
case, as the same may from time to time be amended, restated, supplemented or otherwise modified. 
 “Net Income” means,
with respect to any Person, the net income/(loss) of such Person, determined in accordance with GAAP and before any reduction in respect of Preferred Stock dividends. 

“Net Proceeds” means the aggregate cash proceeds and Cash Equivalents actually received by the Parent Guarantor or any of its
Restricted Subsidiaries in respect of any Asset Sale (including any cash or Cash Equivalents received upon the sale or other disposition of any Designated Non-cash Consideration received in any Asset Sale, but
excluding the assumption by the acquiring Person of Indebtedness relating to the disposed asset or other consideration received in any other non-cash form) any cash payments received by way of deferred payment
of principal pursuant to a note or installment receivable or purchase price adjustment receivable or otherwise and including casualty insurance settlements and condemnation awards, but in each case only as and when received), net of (including,
without limitation, in connection with the sale and disposition of such Designated non-cash Consideration) (i) out-of-pocket
fees and expenses actually incurred in connection therewith (including attorneys’ fees, accountants’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or
mortgage recording taxes, other customary expenses and brokerage, consultant and other customary fees and expenses actually incurred in connection therewith), (ii) the principal amount of any Indebtedness (other than 

  
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 Indebtedness owed to the Parent Guarantor or any of its Restricted Subsidiaries) that is secured by a Lien
(other than a Lien that ranks pari passu with or junior to the Liens securing the Note Obligations) on the asset subject to such Asset Sale and that is required to be repaid in connection with such Asset Sale (other than Indebtedness under this
Indenture), together with any applicable premium, penalty, make-whole payment, interest, breakage costs and other similar amounts, (iii) in the case of any Asset Sale by a Restricted Subsidiary of the Parent Guarantor that is not a Wholly-Owned
Restricted Subsidiary, the pro rata portion of the Net Proceeds thereof (calculated without regard to this clause (iii)) attributable to minority interests and not available for distribution to or for the account of the Parent Guarantor or any of
its Wholly-Owned Restricted Subsidiaries as a result thereof, (iv) taxes (or distributions, including Permitted Payments to Parent, permitted by this Indenture) paid or reasonably estimated to be payable, directly or indirectly, as a result
thereof (including taxes that are or would be imposed on the distribution or repatriation of any such Net Proceeds), (v) the amount of any reasonable reserve established in accordance with GAAP against any adjustment to the sale price or any
liabilities (other than any taxes deducted pursuant to clause (iv) above) (x) related to any of the applicable assets and (y) retained by the Parent Guarantor or any of its Restricted Subsidiaries including, without limitation, pension and
other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations and (vi) any funded escrow established pursuant to the documents evidencing any such sale or disposition to
secure any indemnification obligations or adjustments to the purchase price associated with any such sale or disposition (provided that to the extent that any amounts are released from such escrow to the Parent Guarantor or any of its Restricted
Subsidiaries, such amounts net of any related expenses shall constitute Net Proceeds). 

“Non-Guarantor Subsidiary” means a Subsidiary that is not a Guarantor. 

“Non-Recourse Debt” means Indebtedness: 

(i) as to which neither the Parent Guarantor nor any of its Restricted Subsidiaries (a) provides credit support of any
kind (including any undertaking, agreement or instrument that would constitute Indebtedness) or (b) is directly or indirectly liable as a guarantor or otherwise; and 

(ii) as to which the obligees in respect of such Indebtedness have been notified in writing that they will not have any
recourse to the stock or assets of the Parent Guarantor, or any of its Restricted Subsidiaries (other than the Equity Interests of an Unrestricted Subsidiary). 

“Note Guarantee” means the Guarantee by each Guarantor of the Co-Issuers’
obligations under this Indenture and the Notes, executed pursuant to the provisions of this Indenture. 
 “Notes
Obligations” means Obligations in respect of the Notes, this Indenture, the Guarantees and the Security Documents relating to the Notes. 

“Notes Secured Parties” means the Trustee, the Collateral Agent and the Holders of the Notes. 

“Not-for-Profit Subsidiary” means an entity,
including entities qualifying under Section 501 (c)(3) of the Code, that uses surplus revenue to achieve its goals rather than distributing them as profit or dividends. 

“Obligations” means any principal, interest (including any interest, fees and other amounts accruing subsequent to the filing
of a petition in bankruptcy, reorganization, arrangement or similar proceeding at the rate provided for in the documentation with respect thereto, whether or not such interest, fees and other amounts is an allowed claim under applicable state,
federal or foreign law), premium, penalties, fees, indemnifications, reimbursements (including reimbursement obligations with respect to letters of credit and bankers’ acceptances), damages and other liabilities, and guarantees of payment of
such principal, interest, penalties, fees, indemnifications, reimbursements, damages and other liabilities, payable under the documentation governing any Indebtedness. 

“Offering Memorandum” means the offering memorandum dated as of September 15, 2020 relating to the offering of the
Initial Notes on the Issue Date. 

  
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 “Officer” means any chief executive officer, president, vice president,
chief financial officer, chief operating officer, chief administrative officer, secretary or assistant secretary, controller, treasurer or assistant treasurer or other similar officer or Person performing similar functions (including, in the case of
a limited partnership, any Person serving in such role or performing such functions of any general partner of such limited partnership) of the Co-Issuers. 

“Officer’s Certificate” means a certificate that meets the requirements set forth in this Indenture signed on behalf of
the Co-Issuers by an Officer of the Co-Issuers, who in the case of no-default certificates must be the principal executive
officer, the principal financial officer, the treasurer or the principal accounting officer of the Co-Issuers (or the Co-Issuers’ general partner). 

“Opinion of Counsel” means a written opinion (which may be subject to customary assumptions and qualifications) from legal
counsel who is reasonably satisfactory to the Trustee. The counsel may be an employee of or counsel to the Parent Guarantor or its Subsidiaries. 

“ordinary course of business” or any variation thereof as used herein means (i) in the ordinary course of business of,
or in furtherance of an objective that is in the ordinary course of business of the Parent Guarantor or any Subsidiary of the Parent Guarantor, as applicable, (ii) customary and usual in the industry or industries of the Parent Guarantor and
its Subsidiaries in any jurisdiction in which the Parent Guarantor or any Subsidiary of the Parent Guarantor does business, as applicable, or (iii) generally consistent with the past or current practice of the Parent Guarantor or such
Subsidiary, as applicable, or any similarly situated businesses, as applicable. 
 “Parent Company” means any Person that
is a direct or indirect parent (which may be organized as, among other things, a partnership) of the Parent Guarantor. 
 “Parent
Guarantor” shall mean Specialty Building Products Intermediate II, LLC, a Delaware limited liability company. 
 “Pari
Passu Intercreditor Agreement” means an intercreditor agreement substantially in the form provided in Exhibit H, to be entered into by the Collateral Agent and each Authorized Representative for holders of additional First Lien
Obligations that may be incurred after the Issue Date (as may be amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms hereof and thereof, including pursuant to any joinder agreement
thereto). 
 “Pari Passu Lien Priority” means, relative to specified Indebtedness, having equal Lien priority on specified
Collateral (without regard to any waterfall provisions or the ability to exercise remedies) and subject to the Pari Passu Intercreditor Agreement. 

“Permitted Acquisition” has the meaning specified in clause (3) of the definition of “Permitted Investments.”

 “Permitted Asset Swap” means the substantially concurrent purchase and sale or exchange of Related Business Assets or a
combination of Related Business Assets and cash and Cash Equivalents; provided, that any cash and Cash Equivalents received are applied in accordance with Section 4.10. 

“Permitted Business” means any business, service or activity that is the same as, not substantially different from, or
reasonably related, incidental, ancillary, complementary or similar to, or that is a reasonable extension or development of, any of the businesses, services or activities in which the Parent Guarantor and its Restricted Subsidiaries are engaged, or
proposed to be in engaged, on the Issue Date. 
 “Permitted Change of Control” means any Change of Control that does not
constitute a Change of Control Triggering Event. 
 “Permitted Change of Control Costs” means all fees, costs and expenses
incurred or payable by the Parent Guarantor, any Parent Company or any of its Restricted Subsidiaries in connection with a Permitted Change of Control. 

  
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 “Permitted Holders” means (i) (1) the Sponsor and any of its Permitted
Transferees, (2) any Management Stockholders and any of their Permitted Transferees, and (3) any “group” (within the meaning of Section 13(d)(3) or Section 14(d)(2) of the Exchange Act or any successor provision) of
which any of the foregoing are members; provided that in the case of such “group” and without giving effect to the existence of such “group” or any other “group,” such Persons specified in clauses (1), (2) or
(3) above, collectively, have beneficial ownership, directly or indirectly, of more than 50% of the total voting power of the Voting Stock of the Parent Guarantor or any of Parent Company held by such “group,” and (ii) any Person
acting in the capacity of an underwriter (solely to the extent that and for so long as such Person is acting in such capacity) in connection with a public or private offering of Capital Stock of the Parent Guarantor or any Parent Company. Any person
or group, together with its Affiliates, whose acquisition of beneficial ownership constitutes a (x) Change of Control in respect of which a Change of Control Offer is made or waived in accordance with the requirements of this Indenture or
(y) a Permitted Change of Control will thereafter, together with its Affiliates, constitute an additional Permitted Holder. 

“Permitted Investments” means: 

(i) any Investment in the Parent Guarantor or in a Restricted Subsidiary of the Parent Guarantor (including in the Notes and
any Capital Stock of the Parent Guarantor or any Restricted Subsidiary); 
 (ii) any Investment in cash, Cash Equivalents or
Investment Grade Securities and Investments that were Cash Equivalents or Investment Grade Securities when made; 
 (iii) any
Investment by the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor in a Person, if as a result of such Investment: 

(1) such Person becomes a Restricted Subsidiary of the Parent Guarantor; or 

(2) such Person is in one or a series of related transactions is amalgamated, merged or consolidated with or into, or transfers
or conveys substantially all of its assets to, or is liquidated into, the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor; 

(iv) any Investment made as a result of the receipt of non-cash consideration from an
Asset Sale that was made in compliance with Section 4.10 or from any disposition of property or assets not constituting an Asset Sale; 

(v) any Investment solely in exchange for, or out of the proceeds of, the issuance of Equity Interests (other than Disqualified
Stock) of the Parent Guarantor or of any Parent Company; 
 (vi) any Investments received in compromise or resolution of
(a) obligations of trade creditors or customers that were incurred in the ordinary course of business, including as a result of foreclosure, perfection or enforcement of any Lien, or in satisfaction of judgments or pursuant to any plan of
reorganization or similar arrangement upon the bankruptcy or insolvency of any trade creditor or customer or otherwise in respect of any secured Investment or other transfer of title with respect to any secured Investment in default; or
(b) litigation, arbitration or other disputes; 
 (vii) Investments represented by Hedging Obligations or any Cash
Management Services; 
 (viii) loans or advances to, or guaranties of Indebtedness of, any future, present or former
directors, officers, employees, independent contractors, consultants, advisors, service providers or members of management (and their Controlled Investment Affiliates and Immediate Family Members) in an aggregate principal amount not to exceed the
greater of $7.50 million and 7.5% of LTM EBITDA (with the amount of each Investment being measured at the time such Investment is made and without giving effect to subsequent changes in value, but subject to adjustment as set forth in the
definition of “Investment”); 

  
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 (ix) to the extent constituting an Investment, repurchases of the Notes and
other Indebtedness that is not Subordinated Indebtedness; 
 (x) (1) any guarantee of Indebtedness permitted to be
incurred by Section 4.09 and (2) the creation of Liens on the assets of the Parent Guarantor or any of its Restricted Subsidiaries in compliance with Section 4.12; 

(xi) any Investment existing on, or made pursuant to binding commitments, agreements or arrangements existing on the Issue Date
and any Investment consisting of an extension, modification, renewal, replacement, refunding or refinancing of any investment existing on, or made pursuant to a binding commitment, agreements or arrangements existing on the Issue Date; provided that
the amount of any such Investment may be increased (a) as required by the terms of such Investment as in existence on the Issue Date or (b) as otherwise permitted under this Indenture; 

(xii) Investments acquired after the Issue Date as a result of the acquisition by the Parent Guarantor or any Restricted
Subsidiary of the Parent Guarantor of another Person, including by way of a merger, arrangement, amalgamation or consolidation with or into the Parent Guarantor or any of its Restricted Subsidiaries in a transaction that is not prohibited by
Section 5.01 after the Issue Date to the extent that such Investments were not made in contemplation of such acquisition, merger, arrangement, amalgamation or consolidation and were in existence on the date of such acquisition, merger,
arrangement, amalgamation or consolidation; 
 (xiii) Investments by the Parent Guarantor or its Restricted Subsidiaries
consisting of deposits, prepayment and other credits to suppliers or landlords or in connection with bidding on government contracts made in the ordinary course of business; 

(xiv) guaranties, keepwells and similar arrangements made in the ordinary course of business of obligations owed to landlords,
suppliers, customers, franchisees and licensees of the Parent Guarantor or its Subsidiaries and performance guarantees with respect to the obligations that are permitted by this Indenture or incurred in the ordinary course of business; 

(xv) any Investment acquired by the Parent Guarantor or any of its Restricted Subsidiaries (a) in exchange for any other
Investment or accounts receivable held by the Parent Guarantor or any such Restricted Subsidiary in connection with or as a result of a bankruptcy, workout, reorganization or recapitalization of the Parent Guarantor, or settlement of delinquent
accounts and disputes with or judgments against, the issuer of such other Investment or accounts receivable, or (b) as a result of a foreclosure by the Parent Guarantor or any of its Restricted Subsidiaries with respect to any secured
Investment or other transfer of title with respect to any secured Investment in default; 
 (xvi) Investments made in
connection with a Permitted Acquisition (including the payment of the purchase consideration, promissory notes and other deferred payment obligations) or consisting of a Permitted Reorganization or IPO Reorganization Transaction; 

(xvii) Investments consisting of the licensing, sublicensing or contribution of intellectual property pursuant to joint
marketing arrangements with other Persons; 
 (xviii) Investments in joint ventures and Permitted Businesses and Unrestricted
Subsidiaries of the Parent Guarantor or any of its Restricted Subsidiaries in an aggregate amount, taken together with all other Investments made pursuant to this clause (18) that are at the time outstanding, not to exceed the greater of (x)
$25.00 million and (y) 25% of LTM EBITDA, at any one time outstanding (with the Fair Market Value of each Investment being measured at the time made and without giving effect to subsequent changes in value) plus the amount of any cash returns
to the Parent Guarantor or any of its Restricted Subsidiaries (including dividends, payments, interest, distributions, returns of principal, profits on sale, repayments, income or similar amounts) in respect of such Investments; 

  
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 (xix) Investments consisting of purchases and acquisitions of inventory,
supplies, materials and equipment or purchases of contract rights or licenses or contributions of intellectual property or leases, in each case, in the ordinary course of business; provided, however, that if any Investment pursuant to this clause
(19) is made in any Person that is not a Restricted Subsidiary of the Parent Guarantor at the date of the making of such Investment and such Person becomes a Restricted Subsidiary of the Parent Guarantor after such date, such Investment shall
thereafter be deemed to have been made pursuant to clause (i) above and shall cease to have been made pursuant to this clause (xix) for so long as such Person continues to be a Restricted Subsidiary of the Parent Guarantor; 

(xx) (1) Investments by the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor in any Receivables
Facility or any Securitization Entity or any Investments by a Securitization Entity in any other Person in connection with a Qualified Securitization Transaction, including Investments of funds held in accounts permitted or required by the
arrangements governing such Qualified Securitization Transaction or any related Indebtedness or (2) distributions or payments of Securitization Fees and purchases of Securitization Assets or Receivables Assets pursuant to a Securitization
Repurchase Obligation in connection with a Qualified Securitization Transaction or a Receivables Facility; 
 (xxi) loans and
advances to or notes received from employees, directors, officers, members of management, independent contractors, advisors, service providers and consultants for business-related travel expenses, entertainment expenses, moving expenses, payroll
advances and other similar expenses or payroll expenses, in each case incurred in the ordinary course of business or to future, present and former employees, directors, officers, members of management, independent contractors, advisors, service
providers and consultants (and their Controlled Investment Affiliates and Immediate Family Members) to fund such Person’s purchase of Equity Interests of the Parent Guarantor or any Parent Company; 

(xxii) any transaction to the extent it constitutes an Investment that is permitted by and made in accordance with the
provisions of Section 4.11 (except transactions described in Sections 4.11(b)(6), 4.11(b)(10), 4.11(b)(11) and 4.11(b)(13)); 

(xxiii) any acquisition of assets or Capital Stock solely in exchange for, or out of the net cash proceeds received from, the
issuance of Equity Interests (other than Disqualified Stock) of the Parent Guarantor or any contribution to the common equity of the Parent Guarantor; provided that the amount of any such net cash proceeds that are utilized for any such Investment
pursuant to this clause (xxiii) will be excluded from Section 4.07(a)(z)(B); 
 (xxiv) other Investments in any
Person having an aggregate Fair Market Value, when taken together with all other Investments made pursuant to this clause (24) that are at the time outstanding not to exceed the greater of (x) $40.00 million and (y) 40% of LTM EBITDA (with
the amount of each Investment and LTM EBITDA being measured at the time such Investment is made and without giving effect to subsequent changes in value but subject to adjustment as set forth in the definition of “Investment”); provided,
however, that if any Investment pursuant to this clause (24) is made in any Person that is not a Restricted Subsidiary of the Parent Guarantor at the date of the making of such Investment and such Person becomes a Restricted Subsidiary of the
Parent Guarantor after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (1) above and shall cease to have been made pursuant to this clause (24) for so long as such Person continues to be a
Restricted Subsidiary of the Parent Guarantor; 
 (xxv) any Investment by the Parent Guarantor or any of its Restricted
Subsidiaries in a Person engaged in a Permitted Business (other than an Investment in an Unrestricted Subsidiary) having an aggregate Fair Market Value, taken together with all other Investments made pursuant to this clause (25) that are at the
time outstanding, not to exceed the greater of (x) $30.00 million and (y) 30% of LTM EBITDA (with the Fair Market Value of each Investment being measured at the time made and without giving effect to subsequent changes in value, but subject to
adjustment as set forth in the definition of “Investment”), at any one time outstanding; provided, however, that if any Investment pursuant to this clause (xxv) is made in any Person that is not a Restricted Subsidiary of the Parent
Guarantor at the date of the making of such Investment and such Person becomes a Restricted Subsidiary of the Parent Guarantor after such date, such Investment shall thereafter be deemed to have been made pursuant to clause (i) above and shall
cease to have been made pursuant to this clause (xxv) for so long as such Person continues to be a Restricted Subsidiary of the Parent Guarantor; 

  
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 (xxvi) Investments in Unrestricted Subsidiaries having an aggregate Fair
Market Value (measured on the date each such Investment was made and without giving effect to subsequent changes in value), when taken together with all other Investments made pursuant to this clause (xxvi) that are at that time outstanding not
to exceed the greater of $25.00 million and 25% of LTM EBITDA, at any one time outstanding plus the amount of any cash returns to the Parent Guarantor or any of its Restricted Subsidiaries (including dividends, payments, interest,
distributions, returns of principal, profits on sale, repayments, income or similar amounts) in respect of such Investments; provided, however, that if any Investment pursuant to this clause (xxvi) is made in any Person that is not a Restricted
Subsidiary of the Parent Guarantor at the date of the making of such Investment and such Person becomes a Restricted Subsidiary of the Parent Guarantor after such date, such Investment shall thereafter be deemed to have been made pursuant to clause
(i) above and shall cease to have been made pursuant to this clause (xxvi) for so long as such Person continues to be a Restricted Subsidiary of the Parent Guarantor; 

(xxvii) Investments consisting of earnest money deposits required in connection with a purchase agreement, or letter of intent,
or other acquisitions to the extent not otherwise prohibited by this Indenture; 
 (xxviii) contributions to a
“rabbi” trust for the benefit of employees or other grantor trusts subject to claims of creditors in the case of bankruptcy of the Parent Guarantor; 

(xxix) Investments in the ordinary course of business consisting of Uniform Commercial Code Article 3 (or equivalent)
endorsements for collection of deposit and Article 4 (or equivalent) customary trade arrangements with customers; 
 (xxx)
Investments consisting of promissory notes issued by the Parent Guarantor or any Guarantor to future, present or former officers, directors and employees, members of management, or consultants of the Parent Guarantor or any of its Subsidiaries or
their respective estates, spouses or former spouses to finance the purchase or redemption of Equity Interests of the Parent Guarantor or any direct or indirect parent thereof, to the extent the applicable Restricted Payment is a permitted by
Section 4.07; 
 (xxxi) Investments at any time outstanding that are made with Excluded Contributions that, together
with the Restricted Payments that are made with Excluded Contributions pursuant to Section 4.07(b)(13), shall not exceed the aggregate amount of Excluded Contributions; 

(xxxii) any Investments if on a pro forma basis after giving effect to such Investment, the Consolidated Total Debt Ratio would
be equal to or less than 4.50 to 1.00 as of the last day of the most recently ended Test Period; 
 (xxxiii) advances, loans
or extensions of trade credit or prepayments to suppliers or loans or advances made to distributors, in each case, in the ordinary course of business by the Parent Guarantor or any Restricted Subsidiary; 

(xxxiv) any Investment in any Subsidiary or any joint venture or any Unrestricted Subsidiary in connection with intercompany
cash management arrangements or related activities arising in the ordinary course of business; 
 (xxxv) Investments made in
the ordinary course of business in connection with obtaining, maintaining or renewing client contracts and loans or advances made to distributors; 

(xxxvi) Investments in prepaid expenses, negotiable instruments held for collection and lease, utility and workers
compensation, performance and similar deposits entered into as a result of the operations of the business in the ordinary course of business; 

  
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 (xxxvii) the purchase or other acquisition of any Indebtedness of the Parent
Guarantor or any of its Restricted Subsidiaries to the extent not otherwise prohibited hereunder; 
 (xxxviii) any Investment
by any Captive Insurance Subsidiary in connection with its provision of insurance to the Parent Guarantor or any of its Subsidiaries, which Investment is made in the ordinary course of business of such Captive Insurance Subsidiary, or by reason of
applicable law, rule, regulation or order, or that is required or permitted by any regulatory authority having jurisdiction over such Captive Insurance Subsidiary or its business, as applicable; 

(xxxix) acquisitions of obligations of one or more directors, officers or other employees or consultants or independent
contractors of any direct or indirect parent company of the Parent Guarantor, the Parent Guarantor or any Subsidiary of the Parent Guarantor in connection with such director’s, officer’s, employee’s, consultant’s or independent
contractor’s acquisition of Equity Interests of the Parent Guarantor or any direct or indirect parent of the Parent Guarantor, to the extent no cash is actually advanced by the Parent Guarantor or any of its Restricted Subsidiaries to such
directors, officers, employees, consultants or independent contractors in connection with the acquisition of any such obligations; 

(xxxx) Investments in deposit accounts, securities accounts and commodities accounts maintained by the Parent Guarantor or any
of its Restricted Subsidiaries, so long as such accounts are used only to maintain cash and Cash Equivalents; 
 (xxxxi)
Investments constituting promissory notes issued by any employee or independent contractors of the Parent Guarantor or any of its Restricted Subsidiaries in favor of the Parent Guarantor or any of its Restricted Subsidiaries in connection with any
Permitted Acquisition permitted hereunder of a Person that becomes a Restricted Subsidiary as a result thereof (the “Target”) by the Parent Guarantor or any of its Restricted Subsidiaries in which such employee or independent contractor
purchases Equity Interests of the Target, which purchase is financed with funds loaned or advanced by the Parent Guarantor or any of its Restricted Subsidiaries to such employee or independent contractor in connection with such Permitted
Acquisition; provided that no Event of Default under Section 6.01(a)(2) or, with respect to the Co-Issuers, Sections 6.01(a)(6) or 6.01(a)(7) has occurred and is continuing or would result
therefrom; 
 (xxxxii) Investments in any Person to which the Parent Guarantor, the
Co-Issuers or any of their Restricted Subsidiaries outsources operational activities or otherwise related to the outsourcing of operational activities in the ordinary course of business in an aggregate amount
not to exceed $2.5 million; and 
 (xxxxiii) loans and advances to employees or independent contractors of the Parent
Guarantor or any of its Restricted Subsidiaries so long as such loan or advance (x) constitutes an advance of one-time payment for the purpose of recruitment or retention or (y) is made as an advance
on projected payments under any agreement with an independent contractor (including any promissory note issued by such independent contractor to the extent such advances are ultimately earned or repaid) or for the purposes of funding of capital
expenditures in the ordinary course of business. 
 For purposes of this definition, in the event that a proposed Investment (or portion
thereof) meets the criteria of more than one of the categories of Permitted Investments described in clauses (i) through (xxxxiii) above, or is otherwise entitled to be incurred or made pursuant to Section 4.07, the Parent Guarantor will
be entitled to divide, classify, or later reclassify, such Investment (or portion thereof) in one or more of such categories set forth above or in Section 4.07. 

“Permitted Junior Lien Obligations” means any Indebtedness having Junior Lien Priority related to the Notes with respect to
the Collateral and is not secured by any other assets, except to the extent permitted by any applicable Intercreditor Agreement then in effect; provided that (i) an authorized representative of the holders of such Indebtedness shall have
executed a joinder to the ABL Intercreditor Agreement and each applicable Junior Lien Intercreditor Agreement, (ii) no such Indebtedness, to the extent incurred by the Co-Issuers or any Guarantor, shall
be guaranteed by any Person other than the Co-Issuers or any Guarantor, (iii) no such Indebtedness shall be subject to scheduled amortization or have a final maturity, in either case prior to the date
occurring 91 days following the maturity date of the Notes then outstanding, (iv) any “asset sale” mandatory prepayment provision or offer to prepay covenant 

  
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 included in the agreement governing such Indebtedness, to the extent incurred by the Co-Issuers or any Guarantor, shall provide that the Co-Issuers or the respective Guarantor shall be permitted to repay obligations, and terminate commitments, under this
Indenture before prepaying or offering to prepay such Indebtedness, (v) in the case of any such Indebtedness incurred by the Co-Issuers or any Guarantor that is secured (a) such Indebtedness is
secured by only assets comprising Collateral on a junior-lien basis relative to the Liens on such Collateral securing the Obligations of the Co-Issuers and the Guarantors in respect of the Notes and the Note
Guarantees, and not secured by any property or assets of the Parent Guarantor or any of its Subsidiaries other than the Collateral, in each case, except to the extent permitted by any applicable Intercreditor Agreement then in effect, and
(b) the security agreements relating to such Indebtedness are substantially the same as the Security Documents as certified to the Trustee and the Collateral Agent by the Co-Issuers. 

“Permitted Junior Lien Secured Parties” means the holders of any Permitted Junior Lien Obligations and any trustee,
authorized representative or agent of such Permitted Junior Lien Obligations. 
 “Permitted Liens” means: 

(i) Liens on assets of the Parent Guarantor or any of its Restricted Subsidiaries securing Indebtedness and other Obligations
that were incurred pursuant to clause (i) (provided that (1) if any such Indebtedness has Pari Passu Lien Priority relative to the Note Obligations with respect to the Collateral then it shall not be secured by any other assets that do not
constitute Collateral, except to the extent permitted by any applicable Intercreditor Agreement then in effect and (2) if the Liens securing such Indebtedness on the ABL Priority Collateral are senior to the Liens securing the Notes, then, in
such case, the Liens securing such Indebtedness on the Fixed Asset Priority Collateral shall rank junior to the Liens securing the Notes on such Fixed Asset Priority Collateral pursuant to the terms of the applicable Intercreditor Agreement),
Sections 4.09(b)(8), 4.09(b)(15), 4.09(b)(22) or 4.09(b)(29) (solely in the case of Section 4.09(b)(29), subject to the parenthetical above); 

(ii) Liens in favor of the Co-Issuers or Guarantors, if any; 

(iii) Liens on assets, property or Capital Stock of a Person existing at the time such Person becomes a Restricted Subsidiary
of the Parent Guarantor or is merged or amalgamated with or into or consolidated with the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor; provided that such Liens were not created in contemplation of such Person becoming a
Restricted Subsidiary of the Parent Guarantor or such merger, amalgamation or consolidation and do not extend to any Collateral; 

(iv) Liens on assets or on property (including Capital Stock) existing at the time of acquisition of the assets or property by
the Parent Guarantor or any Subsidiary of the Parent Guarantor; provided that such Liens (1) were in existence prior to such acquisition and not incurred in contemplation of, such acquisition and (2) do not extend to any other assets of
the Parent Guarantor or any of its Subsidiaries (other than (A) after-acquired property subjected to a Lien securing Indebtedness and other obligations incurred prior to such time and which Indebtedness and other obligations are permitted
hereunder that require, pursuant to their terms at such time, a pledge of after-acquired property, it being understood that such requirement shall not be permitted to apply to any property to which such requirement would not have applied but for
such acquisition, (B) customary security deposits in connection therewith, (C) proceeds and products thereof, (D) insurance on such assets and the books and records regarding the foregoing and (E) in the case of financings of
equipment, such other property permitted by clause (vi) hereof), it being agreed and understood that individual financings of equipment provided by one lender may be cross collateralized to other financings of equipment provided by such lender;

 (v) (1) Liens, pledges or deposits to secure the performance of bids, trade contracts, leases, statutory obligations,
warranties, governmental contracts, insurance and other insurance-related obligations (including, but not limited to, in respect of deductibles, self-insured retention amounts and premiums and adjustments thereto), judgments, surety or appeal bonds,
workers’ compensation obligations, performance bonds, unemployment insurance obligations, social security obligations or other obligations of a like nature (including those to secure health, safety and environmental obligations) incurred in the
ordinary course of business (including Liens to secure letters of credit issued, or bank guarantees incurred, to assure payment of 

  
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such obligations and pledges or deposits securing liability to insurance carriers under insurance or self-insurance arrangements), (2) or pledges or deposits as security for contested Taxes or
import or customs duties or for the payment of rent, or other obligations of like nature, incurred in the ordinary course of business and (3) pledges and deposits in the ordinary course of business securing liability for reimbursement or
indemnification obligations of (including obligations in respect of letters of credit or bank guarantees for the benefit of) insurance carriers providing property, casualty or liability insurance to the Parent Guarantor or any Subsidiary of the
Parent Guarantor; 
 (vi) Liens to secure Indebtedness (including Capital Lease Obligations) permitted by clause (iv) of
the definition of “Permitted Debt” covering only the assets acquired with or financed by such Indebtedness, other than the property financed by such Indebtedness and the proceeds and products thereof, customary security deposits, insurance
on such assets and books and records regarding the foregoing, or securing the payment of all or a part of the purchase price of, or securing other Indebtedness incurred to finance or refinance the acquisition, improvement or construction of, assets
or property acquired or constructed in the ordinary course of business; provided that individual financings of property or equipment provided by one lender may be cross collateralized to other financings of property or equipment provided by such
lender; 
 (vii) Liens existing on the Issue Date (other than with respect to the ABL Credit Agreement and the Notes); 

(viii) Liens for Taxes, assessments or governmental charges or claims (A) that are not yet overdue for a period of more
than 30 days (or any applicable grace period related thereto, if longer) or that are being contested in good faith by appropriate proceedings; provided that any reserve or other appropriate provision as is required in conformity with GAAP (or the
equivalent accounting principles in the relevant local jurisdiction) has been made therefor or (B) where the failure to pay or discharge the same would not reasonably be expected to have, individually or in the aggregate, a Material Adverse
Effect; 
 (ix) Liens imposed by statutory or common law, such as carriers’, warehousemen’s, materialmen’s,
landlord’s, workmen’s, repairmen’s and mechanics’ Liens or other customary Liens, so long as, in each case, such Liens secure amounts not overdue for a period of more than 60 days or if more than 60 days overdue, are unfiled and
no other action has been taken to enforce such Liens or are being contested in good faith and by appropriate actions or where the failure to pay or discharge the same would not reasonably be expected to have, individually or in the aggregate, a
Material Adverse Effect; 
 (x) survey exceptions, easements or reservations of, or rights of others for, licenses, rights-of-way, sewers, electric lines, telegraph and telephone lines and other similar purposes, or zoning or other restrictions as to the use of real property that were not
incurred in connection with Indebtedness and that do not in the aggregate materially adversely affect the value of said properties or materially impair their use in the operation of the business of such Person, taken as a whole; 

(xi) Liens on assets of the Parent Guarantor or any of its Restricted Subsidiaries securing the Notes (and related Note
Guarantees) issued on the Issue Date; 
 (xii) Liens to secure any Refinancing Indebtedness permitted to be incurred under
this Indenture; provided, however, that 
 (1) the new Lien is limited to all or part of the same property and assets that
secured or, under the written agreements pursuant to which the original Lien arose, could secure the original Lien (plus (A) after-acquired property that is affixed or incorporated into the property covered by such Lien or financed by
Indebtedness permitted to be incurred under this Indenture, (B) customary security deposits in connection therewith, (C) proceeds and products thereof and (D) in the case of financings of equipment, such other property permitted by
clause (vi) hereof, it being agreed and understood that individual financings of equipment provided by one lender may be cross-collateralized to other financings of equipment provided by such lender); and 

  
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 (2) the Indebtedness secured by the new Lien is not increased to any amount
greater than the sum of (x) the outstanding principal amount (or accreted amount, if applicable, or, if greater, committed amount) of the Indebtedness renewed, refunded, refinanced, replaced, defeased or discharged with such Refinancing
Indebtedness and (y) an amount necessary to pay any fees and expenses, including premiums, related to such renewal, refunding, refinancing, replacement, defeasance or discharge; 

(xiii) Liens arising by operation of law or contract on insurance policies and proceeds thereof, or other deposits, to secure
insurance premium financings; 
 (xiv) filing of UCC financing statements or similar financing statements, financing change
statements or registrations (or similar filings in other applicable jurisdictions) as a precautionary measure; 

(xv) (1) bankers’ Liens, rights of set-off, Liens arising out of judgments,
decrees, orders or awards not constituting an Event of Default and notices of lis pendens and associated rights related to litigation being contested in good faith by appropriate proceedings and for which adequate reserves have been made to the
extent required by GAAP and (2) Liens arising out of judgments, decrees, orders or awards not giving rise to an Event of Default; 

(xvi) Liens on Cash Equivalents or other property arising in connection with the defeasance, discharge or redemption of
Indebtedness; 
 (xvii) Liens on specific items of inventory or other goods and the proceeds thereof (including documents,
instruments, accounts, chattel paper, letter of credit rights, general intangibles, supporting obligations, and claims under insurance policies relating thereto) of any Person securing such Person’s obligations in respect of bankers’
acceptances or letters of credit issued or created in the ordinary course of business for the account of such Person to facilitate the purchase, shipment or storage of such inventory or other goods; 

(xviii) leases, subleases, licenses or sublicenses (including licenses or sublicenses of software and other technology or
intellectual property) and terminations thereof, in each case granted to others in the ordinary course of business (or other agreements under which the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor has granted rights to end
users to access and use the Parent Guarantor’s or any of its Restricted Subsidiaries’ products, technologies or services in the ordinary course of business), which do not materially interfering with the conduct of the business of the
Parent Guarantor or any of its Restricted Subsidiaries, taken as a whole; 
 (xix) Liens arising out of conditional sale,
title retention, hire purchase, consignment, bailment or similar arrangements for the sale of goods entered into in the ordinary course of business; 

(xx) statutory, common law or contractual Liens of creditor depository institutions or institutions holding securities accounts
(including the right of set-off or similar rights and remedies); 
 (xxi) customary
Liens granted in favor of a trustee (including the Trustee) to secure fees and other amounts owing to such trustee under an indenture or other agreement pursuant to which Indebtedness not prohibited by this Indenture is issued (including this
Indenture); 
 (xxii) Liens in favor of customs and revenue authorities arising as a matter of law to secure payment of
custom duties in connection with the importation of goods; 
 (xxiii) Liens (1) on assets or the Capital Stock of
Foreign Subsidiaries securing Indebtedness of Foreign Subsidiaries permitted to be incurred in accordance with Section 4.09 and (2) Liens on property of any Non-Guarantor Subsidiary, which Liens
secure Indebtedness of any Non-Guarantor Subsidiary permitted to be incurred in accordance with Section 4.09 or other obligations of any Non-Guarantor Subsidiary
not constituting Indebtedness; 

  
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 (xxiv) Liens securing Hedging Obligations (including with respect to any
hedge agreement, Liens on any margin or collateral posted by the Parent Guarantor or any of its Restricted Subsidiaries under a hedge agreement as a result of any regulatory requirement, swap clearing organization, or other similar regulations,
rule, or requirement) and not for speculative purposes; provided that such Hedging Obligations are permitted to be incurred under this Indenture; 

(xxv) Liens on assets pursuant to merger agreements, stock or asset purchase agreements and similar agreements in respect of
the disposition of such assets otherwise permitted under this Indenture for so long as such agreements are in effect; 

(xxvi) other Liens with respect to obligations that do not exceed the greater of (x) $75.00 million and (y) 75% of LTM
EBITDA determined as of the date of incurrence; 
 (xxvii) Liens securing Indebtedness or other Obligations of the Parent
Guarantor or a Restricted Subsidiary of the Parent Guarantor owing to the Parent Guarantor or another Restricted Subsidiary of the Parent Guarantor permitted to be incurred in accordance with Section 4.09; 

(xxviii) (1) leases and subleases of real property that do not materially interfere with the ordinary conduct of the
business of the Parent Guarantor or any of its Restricted Subsidiaries, (2) Liens on property or assets under construction (and related rights) in favor of a contractor or developer or arising from progress or partial payments by a third party
relating to such property or assets and (3) ground leases in respect of real property on which facilities owned or leased by the Parent Guarantor or any of its Restricted Subsidiaries are located; 

(xxix) Liens on accounts receivable, Securitization Assets and related assets incurred in connection with a Securitization
Transaction or Qualified Securitization Transaction and Liens on Receivables Assets arising in connection with a Receivables Facility, including Liens on such receivables resulting from precautionary UCC or similar filings or registrations or from re-characterization of any such sale as a financing or a loan; 
 (xxx) Liens on the real
property and tangible personal property (and any related intangible property) that has been sold or transferred by the Parent Guarantor or any of its Restricted Subsidiaries to a third Person to secure Obligations in respect of such Sale/Leaseback
Transaction permitted under this Indenture; provided that any Indebtedness incurred in connection therewith is permitted by Section 4.09(b)(5); 

(xxxi) Liens incurred to secure any Cash Management Services; 

(xxxii) Liens (1) solely on any cash earnest money deposits, escrow arrangements or similar arrangements or other cash
advances made by the Parent Guarantor or any of its Restricted Subsidiaries in connection with any letter of intent or purchase agreement or other Investment permitted under this Indenture and (2) deemed to exist in connection with Investments
in repurchase agreements permitted under the terms of this Indenture; 
 (xxxiii) any encumbrances or restrictions
(including, without limitation, put and call agreements) with respect to the Capital Stock of any Restricted Subsidiary that is not a Wholly-Owned Subsidiary or any joint venture or similar arrangement pursuant to the agreement evidencing such joint
venture or similar arrangement; 
 (xxxiv) Liens that may arise on inventory or equipment in the ordinary course of business
as a result of such inventory or equipment being located on premises owned by Persons (including, without limitation, any client or supplier) other than the Parent Guarantor or any of its Restricted Subsidiaries; 

  
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 (xxxv) Liens securing Additional First Lien Obligations permitted to be
incurred pursuant to Section 4.09 in aggregate principal amount with respect to such Additional First Lien Obligations not to exceed $75.0 million plus additional amounts so long as at the time of any incurrence of such Additional First
Lien Obligations and after giving pro forma effect thereto the Consolidated First Lien Debt Ratio would not exceed 6.00 to 1.00, determined on a Pro Forma Basis; provided, that any Indebtedness permitted to be secured under this clause
(xxxv) except to the extent permitted by any applicable Intercreditor Agreement then in effect shall not be secured by a Lien on any assets other than the Collateral or any other assets that secure the Notes and, if not incurred under any
Credit Agreement, shall constitute Additional First Lien Obligations to the extent such Indebtedness is secured by a Lien; 

(xxxvi) (1) mortgages, liens, security interests, restrictions, encumbrances or any other matters of record that have been
placed by any developer, landlord or other third party on property over which the Parent Guarantor or any Restricted Subsidiary has easement rights or on any leased property and subordination or similar agreements relating thereto, (2) any
condemnation, expropriation or eminent domain proceedings affecting any real property, (3) Liens securing obligations (other than obligations representing Indebtedness for borrowed money) under operating leases, reciprocal easement or similar
agreements entered into in the ordinary course of business and (iv) deposits of cash with the owner or lessor of premises leased and operated by the Parent Guarantor or any Subsidiary of the Parent Guarantor to secure the performance of the
Parent Guarantor’s or such Subsidiary’s obligations under the terms of the lease for such premises; 
 (xxxvii)
Liens (1) on assets or property of a Non-Guarantor Subsidiary or the assets or property of any joint venture, in each case securing Indebtedness of any
Non-Guarantor Subsidiary or joint venture, as applicable, that was permitted by the terms of this Indenture to be incurred, (2) in favor of the Parent Guarantor or a Restricted Subsidiary of the Parent
Guarantor on assets of a Non-Guarantor Subsidiary, (3) in favor of the Co-Issuers or any Guarantor on assets of the Parent Guarantor or a Restricted Subsidiary of
the Parent Guarantor or (4) in favor of any Captive Insurance Subsidiary on assets of the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor securing Indebtedness owed to any Captive Insurance Subsidiary by the Parent
Guarantor or such Restricted Subsidiary; 
 (xxxviii) Liens (1) of a collection bank arising under Section 4-208 of the Uniform Commercial Code on items in the course of collection and (2) attaching to commodity trading accounts or other brokerage accounts incurred in the ordinary course of business;

 (xxxix) Liens on Capital Stock or other securities or assets of any Unrestricted Subsidiary; 

(xxxx) any interest or title (and all encumbrances and other matters affecting such interest or title) of a lessor, sublessor,
licensor or sublicensor or secured by a lessor’s, sublessor’s, licensor’s or sublicensor’s interest under leases, subleases, licenses or sublicenses entered into by the Parent Guarantor or any Restricted Subsidiary of the Parent
Guarantor in the ordinary course of business; 
 (xxxxi) Liens that are contractual rights of
set-off or rights of pledge (i) relating to the establishment of depository relations with banks or other deposit-taking financial institutions and not given in connection with the issuance of
Indebtedness, (ii) relating to pooled deposit or sweep accounts of the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business
of the Parent Guarantor or any Restricted Subsidiary or (iii) relating to purchase orders and other agreements entered into with customers or suppliers of the Parent Guarantor or any of its Restricted Subsidiaries in the ordinary course of
business; 
 (xxxxii) Liens on property of any Foreign Subsidiary arising mandatorily under the laws of the jurisdiction of
organization of such Foreign Subsidiary; 
 (xxxxiii) Liens on equipment or vehicles of the Parent Guarantor or any
Restricted Subsidiary granted in the ordinary course of business; 
 (xxxxiv) Liens securing obligations in respect of
Indebtedness constituting Additional Fixed Asset Obligations or Indebtedness secured by Liens on assets not constituting Collateral permitted to be incurred pursuant to clauses (13) or (17) of “Permitted Debt”; provided that if any
such Liens secure Indebtedness for borrowed money, such Liens shall be subject to the applicable Intercreditor Agreement(s) (except to the extent such Liens are on property that does not constitute Collateral); and 

  
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 (xxxxv) Liens arising in connection with any Permitted Reorganization or IPO
Reorganization Transaction. 
 The expansion of Liens by virtue of accrual of interest, the accretion of accreted value, the payment of
interest or dividends in the form of additional Indebtedness, amortization of OID and increases in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies will not be deemed to be an incurrence of
Liens for purposes of this definition of “Permitted Liens”. 
 For purposes of determining compliance with this definition,
(x) Permitted Liens need not be incurred solely by reference to one category of Permitted Liens described above but are permitted to be incurred in part under any combination thereof, (y) in the event that a Lien (or any portion thereof)
meets the criteria of one or more categories of Permitted Liens described above, the Co-Issuers shall, in its sole discretion, classify (or later reclassify) or divide such item of Permitted Liens (or any
portion thereof) in any manner that complies with this definition and (z) in the event that a portion of Indebtedness secured by a Lien that is incurred after the Issue Date could be classified as secured in part pursuant to clause (i), (xxxv)
or (xxxxiv) above (giving effect to the Incurrence of such portion of such Indebtedness), the Co-Issuers, in its sole discretion, may classify such portion of such Indebtedness (and any Obligations in respect
thereof) as having been secured pursuant to clause (i), (xxxv) or (xxxxiv) above and thereafter the remainder of the Indebtedness as having been secured pursuant to one or more of the other clauses of this definition. 

“Permitted Payments to Parent” means the declaration and payment of dividends, distributions or other payments to, or the
making of loans to, any Parent Company in amounts required for any Parent Company (and, in the case of clause (iii) below, its direct or indirect owners or members), to pay, in each case without duplication: 

(i) general corporate operating and overhead costs and expenses (including, without limitation, expenses related to reporting
obligations and any franchise and similar taxes, and other fees and expenses, required to maintain their corporate existence) of any Parent Company; 

(ii) (1) fees and expenses (including ongoing compliance costs and listing expenses, and other than to Affiliates of the
Parent Guarantor) incurred in connection with any debt or equity offering or other financing transaction by any Parent Company (whether or not consummated) and (2) to pay reasonably and customary listing fees and other costs and expenses of a
Parent Company attributable to being a publicly traded company; 
 (iii) (1) for any taxable year (or portion thereof)
for which either of the Co-Issuers or any of their Subsidiaries is a member or disregarded entity of a group filing a consolidated, combined, group, affiliated or unitary tax return with any Parent Company,
any dividends or other distributions with respect to such Taxes in an amount not to exceed the amount of any Taxes that the Co-Issuers and their Subsidiaries would have been required to pay on a separate
company basis or on a consolidated basis calculated as if the Co-Issuers and their Subsidiaries had paid Tax on a consolidated, combined, group, affiliated or unitary basis on behalf of an affiliated group
consisting only of the Co-Issuers and their Subsidiaries; and (2) for any taxable year (or portion thereof) for which either Co-Issuer is treated as a disregarded
entity, partnership, or other flow-through entity for U.S. federal, state, provincial, territorial, and/or local income Tax purposes and clause (1) above does not apply, the payment of dividends or other distributions to the direct or indirect
owner or owners of equity of either Co-Issuer in an amount not to exceed the aggregate amount of each of the direct or indirect owners’ Tax Amount. Each direct or indirect owner’s “Tax
Amount” is the product of (A) the taxable income of the Co-Issuers and their Subsidiaries allocated to such owner for U.S. federal income tax purposes for such taxable year (or portion thereof) and
(B) the highest combined marginal federal, state and/or local income tax rate applicable to any direct or indirect equity owner of either Co-Issuer (including any taxes imposed on net investment income
and any self-employment taxes); provided, however, that in calculating the aggregate Tax Amounts, the taxable income of the Company and its Subsidiaries shall not be counted more than once; 

  
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 (iv) fees and expenses owed by the Parent Guarantor, any direct or indirect
parent of the Parent Guarantor, as the case may be, or the Parent Guarantor’s Restricted Subsidiaries to Affiliates, in each case, to the extent permitted by Section 4.11(b)(7); 

(v) salary, bonus, severance, indemnification obligations and other benefits payable to officers, directors, members of
management, independent contractors, consultants and employees of any Parent Company to the extent such salaries, bonuses, severance, indemnification obligations and other benefits are attributable to the ownership or operation of the Parent
Guarantor and its Restricted Subsidiaries and any payroll, social security or similar Taxes thereof (including any pension plan contributions and employment insurance premiums); 

(vi) to finance Investments or other acquisitions or investments otherwise permitted to be made pursuant to this covenant if
made by the Parent Guarantor; provided, that (1) such Restricted Payment must be made within 120 days of the closing of such Investment, acquisition, or investment, (2) such Parent Company must, promptly following the closing thereof,
cause (A) all property acquired (whether assets or Equity Interests) to be contributed to the capital of the Parent Guarantor or any of its Restricted Subsidiaries or (B) the merger, arrangement, amalgamation, consolidation, or sale of the
Person formed or acquired into the Parent Guarantor or any of its Restricted Subsidiaries (to the extent not prohibited by Section 5.01) in order to consummate such Investment, acquisition or investment, (3) such Parent Company and its
Affiliates (other than the Parent Guarantor or any of its Restricted Subsidiaries) receives no consideration or other payment in connection with such transaction except to the extent the Parent Guarantor or any of its Restricted Subsidiaries could
have given such consideration or made such payment in compliance with this Indenture, (4) any property received by the Parent Guarantor shall not increase amounts available for Restricted Payments pursuant to 4.07(a)(z) and (E) to the
extent constituting an Investment, such Investment shall be deemed to be made by the Parent Guarantor or any such Restricted Subsidiary pursuant to another provision of this covenant or pursuant to the definition of “Permitted Investments”
(other than clause (xxiii) thereof); 
 “Permitted Reorganization” means any
re-organization or other similar activities among the Parent Guarantor and its Restricted Subsidiaries related to Tax planning and re-organization, so long as, after
giving effect thereto, (a) the Parent Guarantors and the Guarantors are in compliance with the Collateral and Guarantee Requirement and the collateral and further assurances sections in this Indenture, (b) taken as a whole, the value of
the Collateral securing the Parent Guarantors’ obligations under this Indenture and the Notes and the Notes Guarantees are not materially reduced, (c) the Liens in favor of the Collateral Agent for the benefit of the Notes Secured Parties
under the collateral documents are not materially impaired and (d) no Unrestricted Subsidiaries are formed except as otherwise permitted under this Indenture. 

“Permitted Transferees” means (a) in the case of the Sponsor, (i) any Affiliate of the Sponsor (but excluding any
portfolio company of any of the foregoing), (ii) any managing director, general partner, limited partner, director, officer or employee of the Sponsor or any of its Affiliates (the Persons described in clauses (i) and (ii), collectively, the
“Sponsor Associates”), (iii) the heirs, executors, administrators, testamentary trustees, legatees or beneficiaries of any Sponsor Associate, (iv) any Immediate Family Member of a Sponsor Associate and (v) any Controlled
Investment Affiliate of any Sponsor Associate or his or her Immediate Family Members; and (b) in the case of any Management Stockholder, (i) his or her heirs, executors, administrators, testamentary trustees, legatees or beneficiaries,
(ii) his or her Immediate Family Members or (iii) any Controlled Investment Affiliate of any Management Stockholder or his or her Immediate Family Members. 

“Person” means any individual, corporation, partnership, joint venture, association, joint-stock company, trust,
unincorporated organization, limited liability company or government or other entity. 
 “Preferred Stock” means any Equity
Interest with preferential rights of payment of dividends or upon liquidation, dissolution, or winding up. 
 “Pro Forma
Basis” with respect to compliance with any test or covenant or calculation of any ratio under this Indenture, the determination or calculation of such test, covenant or ratio (including in connection with Specified Transactions) in
accordance with Sections 1.04 and 1.05. 

  
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 For purposes of making any computation referred to above: 

(i) if any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such
Indebtedness shall be calculated as if the rate in effect on the date for which a determination under this definition is made had been the applicable rate for the entire period (taking into account any Swap Contracts applicable to such Indebtedness
if such Swap Contracts has a remaining term in excess of 12 months); 
 (ii) interest on a Capital Lease Obligation shall be
deemed to accrue at an interest rate reasonably determined by a responsible financial or accounting officer, in his or her capacity as such and not in his or her personal capacity, of the Parent Guarantor to be the rate of interest implicit in such
Capital Lease Obligation in accordance with GAAP; 
 (iii) interest on Indebtedness that may optionally be determined at an
interest rate based upon a factor of a prime or similar rate, an eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the
Parent Guarantor may designate; and 
 (iv) interest on any Indebtedness under a revolving credit facility or a Qualified
Securitization Transaction or Qualified Receivables Facility computed on a pro forma basis shall be computed based upon the average daily balance of such Indebtedness during the applicable period. 

“Public Company Costs” means costs relating to compliance with the Sarbanes-Oxley Act of 2002, as amended, and other expenses
arising out of or incidental to the Parent Guarantor’s or its Restricted Subsidiaries’ status as a reporting issuer or company, including costs, fees and expenses (including legal, accounting and other professional fees) relating to
compliance with provisions of the Securities Act, the Exchange Act, any similar applicable law in any applicable Covered Jurisdiction and the rules of national securities exchanges relating to companies with listed equity securities, directors’
compensation, fees and expense reimbursement, shareholder meetings and reports to shareholders, directors’ and officers’ insurance and other executive costs, legal and other professional fees, and listing fees. 

“Purchase Money Note” means a promissory note of a Securitization Entity evidencing a line of credit, which may be
irrevocable, from the Parent Guarantor or any of its Subsidiaries to a Securitization Entity in connection with a Qualified Securitization Transaction, which note is intended to finance that portion of the purchase price that is not paid by cash or
a contribution of equity. 
 “Qualified IPO” means (i) the issuance by any direct or indirect parent of Parent
Guarantor of its common Equity Interests in an underwritten primary public offering, whether alone or in connection with a secondary public offering or in a firm commitment underwritten offering or series of related offerings of securities to the
public and/or (ii) a transaction where the Equity Interests of any direct or indirect parent of Parent Guarantor become publicly registered on any United States or Canadian national securities exchange through a merger, acquisition or other
combination with a “SPAC” or similar entity. 
 “Qualified Proceeds” means the fair market value of assets that
are used or useful in, or Capital Stock of any Person engaged in, a similar business. 
 “Qualified Receivables Facility”
means (1) any of the Existing Receivables Facilities and (2) any other Receivables Facility that meets the following conditions: (x) the Board of Directors of the Company shall have determined in good faith that such Qualified
Receivables Facility (including financing terms, covenants, termination events or other provisions) is in the aggregate economically fair and reasonable to the Parent Guarantor or the applicable Restricted Subsidiary and any Receivables Subsidiary
subject thereto; (y) the financing terms, covenants, termination events and other provisions thereof shall be market terms (as determined in good faith by the Co-Issuers) and may include Standard
Receivables Undertakings; and (z) such arrangements are non-recourse to the Parent Guarantor and the Restricted Subsidiaries and their assets, other than with respect to Receivables Repurchase
Obligations. 

  
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 “Qualified Securitization Transaction” means any Securitization Transaction
of a Securitization Entity that meets the following conditions: 
 (i) the Board of Directors of the Company shall have
determined in good faith that such Qualified Securitization Transaction (including financing terms, covenants, termination events or other provisions) is in the aggregate economically fair and reasonable to the
Co-Issuers and the Securitization Entity; 
 (ii) all sales of accounts receivable
and related assets to the Securitization Entity are made at Fair Market Value (as determined in good faith by the Co-Issuers, and which may include any discounts customary for a Securitization Transaction) and
may include Standard Securitization Undertakings; and 
 (iii) the financing terms, covenants, termination events and other
provisions thereof shall be market terms (as determined in good faith by the Co-Issuers) and may include Standard Securitization Undertakings. 

Notwithstanding anything to the contrary, for the avoidance of doubt, the grant of a Lien in any accounts receivable of the Parent Guarantor,
the Co-Issuers or any of their Restricted Subsidiaries (other than a Securitization Entity) to secure Indebtedness or other obligations under the ABL Credit Agreement shall not be deemed a Qualified
Securitization Transaction. 
 “Qualifying Equity Interests” means Equity Interests of a Person other than Disqualified
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 or leased 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. 

“Receivables Assets” means (1) any accounts receivable owed to the Parent Guarantor or a Restricted Subsidiary of the
Parent Guarantor subject to a Receivables Facility and the proceeds thereof and (2) all collateral securing such accounts receivable, all contracts and contract rights, guarantees or other obligations in respect of such accounts receivable, all
records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in connection with an accounts receivable factoring arrangement and which are sold, conveyed, assigned or otherwise
transferred or pledged by the Parent Guarantor to a commercial bank or other investor thereof in connection with a Receivables Facility. 

“Receivables Facility” means an arrangement pursuant to which the Parent Guarantor, the
Co-Issuers or their Restricted Subsidiaries, as applicable, sells (directly or indirectly) its accounts receivable, together with any other Receivables Assets related thereto, which accounts receivable may be
sold at a market discount (as determined in good faith by the Parent Guarantor, the Co-Issuers or such Restricted Subsidiary), to (a) a Person that is not a Restricted Subsidiary of the Parent Guarantor
or the Co-Issuers or (b) a Receivables Subsidiary that in turn funds such purchase by purporting to sell its accounts receivable to a Person that is not a Restricted Subsidiary of the Parent Guarantor or
the Co-Issuers or by borrowing from such a Person or from another Receivables Subsidiary that in turn funds itself by borrowing from such a Person. Each of the Existing Receivables Facilities shall be
considered a Receivables Facility hereunder. 
 “Receivables Fees” means distributions or payments made directly or by
means of discounts with respect to any accounts receivable or participation interest therein issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary in connection with, any Receivables Facility. 

“Receivables Repurchase Obligation” means any obligation of a seller of receivables in a Receivables Facility to repurchase
receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute,
off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller. 

 

  
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 “Receivables Subsidiary” means any Wholly-Owned Restricted Subsidiary of
the Parent Guarantor which is designated by the Board of Directors of the Company (as provided below) as a Receivables Subsidiary and engages in no activities other than in connection with facilitating or entering into, one or more Receivables
Facilities and in each case engages only in activities reasonably related or incidental thereto and: (x) no portion of the Indebtedness or any other obligations (contingent or otherwise) of which (a) is guaranteed by the Parent Guarantor,
the Co-Issuers or any of its Restricted Subsidiaries (other than any Receivables Subsidiary) (excluding guarantees of obligations pursuant to Standard Receivables Undertakings), (b) is recourse to or obligates
the Parent Guarantor or any of its Restricted Subsidiaries (other than the Receivables Subsidiary) in any way other than pursuant to Standard Receivables Undertakings or (c) subjects any asset of the Parent Guarantor or any of its Restricted
Subsidiaries (other than the Receivables Subsidiary), directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Receivables Undertakings; (y) with which neither the Parent Guarantor nor any
of its Restricted Subsidiaries has any material contract, agreement, arrangement or understanding other than on terms no less favorable to the Parent Guarantor or such Restricted Subsidiary than those that might be obtained at the time from Persons
that are not Affiliates of the Parent Guarantor (except in respect of the transfer of Receivables Assets to the Receivables Subsidiary and the Standard Receivables Undertakings); and (z) to which neither the Parent Guarantor nor any of its
Subsidiaries has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. Any designation by the Board of Directors of the Company shall be evidenced to the
Trustee by filing with the Trustee a certified copy of the resolutions of the Board of Directors of the Company giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing
conditions. 
 “Regulated Bank” means (x) a commercial bank with a consolidated combined capital and surplus of at
least $5,000,000,000 that is (i) a U.S. depository institution the deposits of which are insured by the Federal Deposit Insurance Corporation; (ii) a corporation organized under section 25A of the U.S. Federal Reserve Act of 1913; (iii) a
branch, agency or commercial lending company of a foreign bank operating pursuant to approval by and under the supervision of the Board of Governors under 12 CFR part 211; (iv) a non-U.S. branch of a foreign
bank managed and controlled by a U.S. branch referred to in clause (iii); or (v) any other U.S. or non-U.S. depository institution or any branch, agency or similar office thereof supervised by a bank
regulatory authority in any jurisdiction or (y) any Affiliate of a Person set forth in clause (x) above to the extent that (1) all of the Capital Stock of such Affiliate is directly or indirectly owned by either (I) such Person
set forth in clause (x) above or (II) a parent entity that also owns, directly or indirectly, all of the Capital Stock of such Person set forth in clause (x) and (2) such Affiliate is a securities broker or dealer registered with the
Securities Exchange Commission under Section 15 of the Exchange Act. 
 “Regulated Subsidiary” means any entity that
is subject to United States or foreign federal, state or local regulation over its ability to incur Indebtedness or create Liens (including Liens with respect to its own Capital Stock). 

“Related Business Assets” means assets (other than cash or Cash Equivalents) used or useful in a Permitted Business and not
classified as current assets under GAAP; provided that assets received by the Parent Guarantor or a Restricted Subsidiary in exchange for assets transferred by the Parent Guarantor or a Restricted Subsidiary will not qualify as Related Business
Assets if they consist of securities of a Person, unless upon receipt of such securities such Person becomes a Restricted Subsidiary of the Parent Guarantor. 

“Responsible Officer” means, when used with respect to the Trustee or Collateral Agent, any officer within the corporate
trust department of such Trustee or Collateral Agent, respectively, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee or the Collateral Agent,
respectively, who customarily performs functions similar to those performed by the Persons who at the time shall be such officers, respectively, or to whom any corporate trust matter relating to this Indenture is referred because of such
Person’s knowledge of and familiarity with the particular subject and who, in each case, shall have direct responsibility for the administration of this Indenture. 

“Restricted Cash” means cash and Cash Equivalents which are listed as “Restricted” on the consolidated statement of
financial condition of the Parent Guarantor and its Restricted Subsidiaries; provided, that (i) cash and Cash Equivalents restricted under the Security Documents, the First Lien Financing Documents or any other 

  
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 agreement, document or instrument evidencing secured Indebtedness permitted hereunder shall not be deemed to
be “Restricted Cash” as a result of such restrictions and (ii) cash and Cash Equivalents maintained by any Restricted Subsidiary that is subject to minority shareholder approval before being distributed to the Parent Guarantor (a
“Shareholder Restriction”) shall not be deemed to be “Restricted Cash” as a result of such Shareholder Restriction. 

“Restricted Investment” means an Investment other than a Permitted Investment. 

“Restricted Subsidiary” of a Person means any Subsidiary of the referent Person that is not an Unrestricted Subsidiary. 

“Returns” means, with respect to any Investment, any dividends, distributions, interest, fees, premium, return of capital,
repayment of principal, income, profits (from a disposition or otherwise) and other amounts received or realized by the Parent Guarantor or any of its Restricted Subsidiaries in respect of such Investment. 

“S&P” means Standard & Poor’s Ratings Group, and its successors. 

“Sale/Leaseback Transaction” means any arrangement relating to property now owned or hereafter acquired by the Parent
Guarantor or any of its Restricted Subsidiaries whereby the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor transfers such property to a Person and the Parent Guarantor or such Restricted Subsidiary of the Parent Guarantor leases
it from such Person, other than leases between the Parent Guarantor and a Restricted Subsidiary of the Parent Guarantor or between the Parent Guarantor’s Restricted Subsidiaries. 

“Secured Indebtedness” means any Indebtedness secured by a Lien other than Indebtedness with respect to Cash Management
Services. 
 “Securitization Assets” means (1) any accounts receivable, real estate asset, mortgage receivables or
related assets and the proceeds thereof subject to a Qualified Securitization Transaction and the proceeds thereof and (2) all collateral securing such receivable or asset, all contracts and contract rights, guarantees or other obligations in
respect of such receivable or asset, lockbox accounts and records with respect to such accounts and all records with respect to such account or asset and any other assets customarily transferred (or in respect of which security interests are
customarily granted), together with accounts or assets in each case subject to a Qualified Securitization Transaction. 

“Securitization Entity” means a Wholly-Owned Restricted Subsidiary of the Parent Guarantor (or another Person formed for the
purposes of engaging in a Qualified Securitization Transaction with the Parent Guarantor in which the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor makes an Investment and to which the Parent Guarantor or any Restricted
Subsidiary of the Parent Guarantor transfers accounts receivable and related assets) which is designated by the Board of Directors of the Company (as provided below) as a Securitization Entity and engages in no activities other than in connection
with the financing of accounts receivable and other Securitization Assets of the Parent Guarantor and its Subsidiaries, all proceeds thereof and all rights (contractual or other), collateral and other assets relating thereto, and any business or
activities incidental or related to such business and: 
 (i) no portion of the Indebtedness or any other obligations
(contingent or otherwise) of which (a) is guaranteed by the Parent Guarantor or any of its Restricted Subsidiaries (other than the Securitization Entity) (excluding guarantees of obligations pursuant to Standard Securitization Undertakings),
(b) is recourse to or obligates the Parent Guarantor or any of its Restricted Subsidiaries (other than the Securitization Entity) in any way other than pursuant to Standard Securitization Undertakings or (c) subjects any asset of the Parent
Guarantor or any of its Restricted Subsidiaries (other than the Securitization Entity), directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings; 

(ii) with which neither the Parent Guarantor nor any of its Restricted Subsidiaries has any material contract, agreement,
arrangement or understanding other than on terms no less favorable to the Parent Guarantor or such Restricted Subsidiary than those that might be obtained at the time from Persons that are not Affiliates of the Parent Guarantor (except in respect of
the transfer of Securitization Assets to the Securitization Entity and the Standard Securitization Undertakings); and 

  
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 (iii) to which neither the Parent Guarantor nor any of its Restricted
Subsidiaries has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of operating results. 

Any designation by the Board of Directors of the Company shall be evidenced to the Trustee by filing with the Trustee a certified copy of the
resolutions of the Board of Directors of the Company giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing conditions. 

“Securitization Fees” means distributions or payments made directly or by means of discounts with respect to any
participation interest issued or sold in connection with, and other fees paid to a Person that is not a Restricted Subsidiary of the Parent Guarantor or any of its Restricted Subsidiaries in connection with, a Qualified Securitization Transaction.

 “Securitization Repurchase Obligation” means any obligation of a seller of receivables in a Qualified Securitization
Transaction to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller. 

“Securitization Transaction” means any transaction or series of transactions that may be entered into by the Parent
Guarantor, any of its Restricted Subsidiaries or a Securitization Entity pursuant to which the Parent Guarantor, such Restricted Subsidiary or such Securitization Entity may sell, convey or otherwise transfer to, or grant a Lien in for the benefit
of, (1) a Securitization Entity, the Parent Guarantor or any of its Restricted Subsidiaries which subsequently transfers to a Securitization Entity (in the case of a transfer by the Parent Guarantor or such Restricted Subsidiary) and
(2) any other Person (in the case of transfer by a Securitization Entity), any accounts receivable (whether now existing or arising or acquired in the future) of the Parent Guarantor or any of its Restricted Subsidiaries which arose in the
ordinary course of business of the Parent Guarantor or such Restricted Subsidiary, and any assets related thereto, including, without limitation, all collateral securing such accounts receivable, all contracts and contract rights and all guarantees
or other obligations in respect of such accounts receivable, proceeds of such accounts receivable and other assets (including contract rights) which are customarily transferred or in respect of which Liens are customarily granted in connection with
asset securitization transactions involving accounts receivable. 
 “Security Agreement” means that certain First Lien
Notes Collateral Agreement, dated as of the Issue Date, among the Co-Issuers, the Guarantors and the Collateral Agent. 

“Security Documents” means, collectively, the Pari Passu Intercreditor Agreement (if any), the Junior Lien Priority
Intercreditor Agreement (if any), the ABL Intercreditor Agreement, the Security Agreement, other security agreements relating to the Collateral and the mortgages and instruments filed and recorded in appropriate jurisdictions to preserve and protect
the Liens on the Collateral applicable to the Collateral, each for the benefit of the Collateral Agent, as amended, amended and restated, modified, renewed or replaced from time to time. 

“Senior Indebtedness” means: 

(i) all Indebtedness of the Co-Issuers or any Guarantor outstanding under the ABL
Credit Agreement or the Notes and related Guarantees (including interest accruing on or after the filing of any petition in bankruptcy or similar proceeding or for reorganization of the Co-Issuers or any
Guarantor (at the rate provided for in the documentation with respect thereto, regardless of whether or not a claim for post-filing interest is allowed in such proceedings)), and any and all other fees, expense reimbursement obligations,
indemnification amounts, penalties, and other amounts (whether existing on the Issue Date or thereafter created or incurred) and all obligations of the Co-Issuers or any Guarantor to reimburse any bank or
other Person in respect of amounts paid under letters of credit, acceptances or other similar instruments; 
 (ii) all
Hedging Obligations (and guarantees thereof) owing to a Lender (as defined in the ABL Credit Agreement) or any of its Affiliates (or any Person that was a Lender or an Affiliate or branch of such Lender at the time the applicable agreement giving
rise to such Hedging Obligation was entered into) or, with respect to commodity hedges expressly designated in writing to the Administrative Agent (as defined in the ABL Credit Agreement) and consented to by such Administrative Agent, any other
counterparty providing commodity hedges as of the Issue Date, provided that such Hedging Obligations are permitted to be incurred under the terms of this Indenture; 

  
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 (iii) all obligations under any Cash Management Services (and guarantees
thereof) owing to a Lender (as defined in the ABL Credit Agreement) or any of its Affiliates (or any Person that was a Lender or an Affiliate or branch of such Lender at the time the applicable agreement giving rise to such obligations was entered
into) or as otherwise permitted to be incurred and under, and secured by the ABL Priority Collateral pursuant to, the ABL Credit Agreement; 

(iv) any other Indebtedness of the Co-Issuers or any Guarantor permitted to be incurred
under the terms of this Indenture, unless the instrument under which such Indebtedness is incurred expressly provides that it is subordinated in right of payment to the Notes or any related Note Guarantee; and 

(v) all Obligations with respect to the items listed in the preceding clauses (1), (2) and (3); 

provided, however, that Senior Indebtedness shall not include: 

(1) any obligation of such Person to the Parent Guarantor or any of its Subsidiaries; 

(2) any liability for federal, state, provincial, territorial, local or other Taxes owed or owing by such Person; 

(3) any accounts payable or other liability to trade creditors arising in the ordinary course of business; 

(4) any Indebtedness or other Obligation of such Person which is subordinate or junior in right of payment to any other
Indebtedness or other Obligation of such Person; or 
 (5) that portion of any Indebtedness which at the time of incurrence
is incurred in violation of this Indenture. 
 “SEDAR” means the System for Electronic Document Analysis and Retrieval or
successor filing system. 
 “Series” means (a) with respect to the First Lien Secured Parties, each of (i) the
Notes Secured Parties (in their capacity as such) and (ii) the Additional First Lien Secured Parties that become subject to the Pari Passu Intercreditor Agreement after the date hereof that are represented by a common representative (in its
capacity as such for such Additional First Lien Secured Parties) and (b) with respect to any First Lien Obligations, each of (i) the Notes Obligations and (iii) the Additional First Lien Obligations incurred pursuant to any applicable
agreement, which, pursuant to any joinder agreement, are to be represented under the Pari Passu Intercreditor Agreement by a common representative (in its capacity as such for such Additional First Lien Obligations). 

“Significant Subsidiary” means any Restricted Subsidiary that would be a “significant subsidiary” as deemed in
Article 1, Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such Regulation is in effect on the date of this Indenture. 

“Specified Transaction” means (a) the Transactions, (b) any designation of operations or assets of the Parent
Guarantor or any of its Restricted Subsidiaries as discontinued operations, (c) any Investment that results in a Person becoming a Restricted Subsidiary, (d) any designation of a Subsidiary as a Restricted Subsidiary or an Unrestricted
Subsidiary, (e) any Permitted Acquisition, (f) any Permitted Change of Control, (g) any Disposition that results in a Restricted Subsidiary of the Parent Guarantor ceasing to be a Subsidiary of the Parent Guarantor or any Disposition
of a business unit, line of business, book of business or division of the Parent Guarantor or any of its Restricted Subsidiaries, in each case whether by merger, arrangement consolidation, amalgamation or otherwise or (h) any incurrence or
repayment of Indebtedness (other than Indebtedness incurred or repaid under any revolving credit facility or line of credit other than Designated Revolving Commitments), issuance of Equity Interests or a Restricted Payment or other transaction, in
each case, that by the terms of this Indenture requires a financial ratio or test to be calculated on a “Pro Forma Basis” or after giving “Pro Forma Effect.” 

  
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 “Sponsor” means Madison Dearborn Partners, LLC and any of its Affiliates
and funds or partnerships managed or advised by any of them or any of their respective Affiliates, but not including, however, any portfolio company of any of the foregoing. 

“Sponsor Management Agreement” means a management services agreement or similar agreement among the Sponsor or certain of the
management companies associated with the Sponsor or its advisors, if applicable, and one or more of the Parent Guarantor, the Co-Issuers or any other Guarantor (and/or any of their direct or indirect parent
companies). 
 “Standard Receivables Undertakings” means representations, warranties, covenants, indemnities and guarantees
of obligations thereunder entered into by the Parent Guarantor or any of its Subsidiaries which the Parent Guarantor has determined in good faith to be customary in a Receivables Facility including, without limitation, those relating to the
servicing of the assets of a seller of Receivables Assets, it being understood that any Receivables Repurchase Obligation and a non-credit related recourse accounts receivable factoring arrangement shall each
be deemed to be a Standard Receivables Undertaking; it being understood, for the avoidance of doubt, that such obligations pursuant to the Existing Receivables Facilities shall be deemed to be Standard Receivables Undertakings with respect to the
Existing Receivables Facilities. 
 “Standard Securitization Undertakings” means representations, warranties, covenants,
indemnities and guarantees of obligations thereunder entered into by the Parent Guarantor or any of its Subsidiaries which the Parent Guarantor has determined in good faith to be customary in a Securitization Transaction including, without
limitation, those relating to the servicing of the assets of a Securitization Entity, it being understood that any Securitization Repurchase Obligation shall be deemed to be a Standard Securitization Undertaking. 

“Stated Maturity” means, with respect to any installment of interest or principal on any series of Indebtedness, the date on
which the payment of interest or principal was scheduled to be paid in the original documentation governing such Indebtedness and will not include any contingent obligations to repay, redeem or repurchase any such interest or principal prior to the
date originally scheduled for the payment thereof. 
 “Subordinated Indebtedness” means (a) with respect to the Co-Issuers, any Indebtedness of the Co-Issuers which is by its terms expressly subordinated in right of payment to the Notes, and (b) with respect to any Guarantor, any
Indebtedness of such Guarantor which is by its terms expressly subordinated in right of payment to its Note Guarantee. 

“Subsidiary” means, with respect to any specified Person: 

(i) any corporation, association or other business entity (other than a partnership, joint venture, limited liability company
or similar entity) of which more than 50% of the total voting power of shares of Capital Stock entitled (without regard to the occurrence of any contingency and after giving effect to any voting agreement or stockholders’ agreement that
effectively transfers voting power) to vote in the election of directors, managers or trustees of the corporation, association or other business entity is at the time owned or controlled, directly or indirectly, by that Person or one or more of the
other Subsidiaries of that Person (or a combination thereof); 
 (ii) any partnership, joint venture or limited liability
company or similar entity of which (a) more than 50% of the capital accounts, distribution rights, total equity and voting interests or general and limited partnership interests, as applicable, are owned or controlled, directly or indirectly,
by such Person or one or more of the other Subsidiaries of that Person or a combination thereof, whether in the form of membership, general, special or limited partnership interests or otherwise, and (b) such Person or any Subsidiary of such
Person is a controlling general partner or otherwise controls such entity; and 

  
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 (iii) any Person that is consolidated in the consolidated financial
statements of the specified Person in accordance with GAAP. 
 “Swap Contract” means (a) any and all rate swap
transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, commodity hedges, 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. 

“Tax” means any present or future tax, levy, impost, duty, assessment, charge, fee, deduction or withholding (including
backup withholding) of any nature and whatever called, imposed by any Governmental Authority, including any interest, additions to tax and penalties applicable thereto. 

“Test Period” in effect at any time means the Company’s most recently ended four fiscal quarters for which internal
financial statements are available (as determined in good faith by the Company). 
 “Transactions” means the consummation
of the issuance of the Notes under this Indenture, the amendment and restatement or replacement of the ABL Credit Agreement, the entry into the Security Documents and the Intercreditor Agreements, the repayment of the Senior Secured Term Loans and
the release of security in connection therewith, the payment of a dividend or other distribution to the Sponsor as described under the heading “Use of Proceeds” in the Offering Memorandum, any Hedging Obligations that terminate
substantially concurrent with or promptly following the Issue Date, any Permitted Reorganization, and the payment of related premiums, taxes, break costs, fees and expenses, and all related transactions or other transactions incidental thereto. 

“Transaction Expenses” means any fees or expenses incurred or paid by any Parent Company, the Parent Guarantor or any of its
(or their) Subsidiaries in connection with the Transactions (including fees and expenses in connection with the issuance of the Notes and the transactions contemplated hereby). 

“Treasury Rate” means the weekly average for each Business Day during the most recent week that has ended at least two
Business Days prior to the redemption date of the yield to maturity at the time of computation of United States Treasury securities with a constant maturity (as compiled and published in the Federal Reserve Statistical Release H.15 (or, if such
statistical release is not so published or available, any publicly available source of similar market data selected by the Co-Issuers in good faith)) most nearly equal to the period from the redemption date to
September 30, 2022; provided, however, that if the period from the redemption date to September 30, 2022 is not equal to the constant maturity of a United States Treasury security for which a yield is given, the Treasury Rate shall be
obtained by linear interpolation (calculated to the nearest one-twelfth of a year) from the yields of United States Treasury securities for which such yields are given, except that if the period from the
redemption date to such applicable date is less than one year, the weekly average yield on actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used. 

“Trust Indenture Act” or “TIA” means the Trust Indenture Act of 1939, as amended (15 U.S.C. §§
77aaa-77bbbb), as in effect on the Issue Date and, to the extent required by law, as amended. 

  
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 “Uniform Commercial Code” or “UCC” means the Uniform
Commercial Code (or any successor statute) as in effect from time to time in the relevant jurisdiction. 
 “Unrestricted
Subsidiary” means any Subsidiary of the Parent Guarantor or the Co-Issuers that is designated by the Board of Directors of the Company as an Unrestricted Subsidiary pursuant to a resolution of the
Board of Directors, but only to the extent that such Subsidiary: 
 (i) has no Indebtedness other than Non-Recourse Debt; 
 (ii) is not party to any agreement, contract, arrangement or
understanding with the Parent Guarantor or any Restricted Subsidiary of the Parent Guarantor unless the terms of any such agreement, contract, arrangement or understanding are not materially less favorable to the Parent Guarantor or such Restricted
Subsidiary than those that might have been obtained at the time of any such agreement, contract, arrangement or understanding than those that could have been obtained from Persons who are not Affiliates of the Parent Guarantor; 

(iii) is a Person with respect to which neither the Parent Guarantor nor any of its Restricted Subsidiaries has any direct or
indirect obligation (1) to subscribe for additional Equity Interests or (2) to maintain or preserve such Person’s financial condition or to cause such Person to achieve any specified levels of operating results; and 

(iv) has not guaranteed or otherwise directly or indirectly provided credit support for any Indebtedness of the Parent
Guarantor or any of its Restricted Subsidiaries. 
 Any designation by the Board of Directors of the Company shall be evidenced to the
Trustee by filing with the Trustee a certified copy of the resolutions of the Board of Directors of the Company giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing
conditions. 
 “Voting Stock” of any specified Person as of any date means the Capital Stock of such Person that is at the
time entitled to vote (without regard to the occurrence of any contingency) in the election of the Board of Directors of such Person. 

“Weighted Average Life to Maturity” means, when applied to any Indebtedness at any date, the number of years obtained by
dividing: 
 (i) the sum of the products obtained by multiplying (1) the amount of each then remaining installment,
sinking fund, serial maturity or other required payments of principal, including payment at final maturity, in respect of the Indebtedness, by (2) the number of years (calculated to the nearest
one-twelfth) that will elapse between such date and the making of such payment; by 

(ii) the then outstanding principal amount of such Indebtedness; 

provided that AHYDO Payments and the effects of any prepayments or amortization made on such Indebtedness shall be disregarded in making such calculation.

 “Wholly-Owned Domestic Restricted Subsidiary” means any Wholly-Owned Subsidiary that is a Domestic Restricted
Subsidiary. 
 “Wholly-Owned Restricted Subsidiary” means any Wholly-Owned Subsidiary that is a Restricted Subsidiary. 

“Wholly-Owned Subsidiary” means, with respect to any Person, a direct or indirect Subsidiary of such Person, 100% of the
outstanding Capital Stock or other ownership interest of which (other than directors’ qualifying shares or shares or interests required to be held by foreign nationals or other third parties to the extent required by applicable law) shall at
the time be owned by such Person or by one or more Wholly-Owned Subsidiaries of such Person. 

  
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 Section 1.02 Other Definitions. 

 

			
	 Term
	  	 Defined in Section

	“Action”	  	12.08(v)
	“Additional Notes”	  	Preamble
	“Affiliate Transaction”	  	4.11(a)
	“Applicable Law”	  	13.14
	“Applicable Procedures”	  	2.01(c)(2)
	“Asset Sale Offer”	  	3.09(a)
	“Authenticating Agent” 	  	2.02
	“Authentication Order”	  	2.02
	“CERCLA”	  	12.08(q)
	“Certain Capital Markets Debt”	  	4.14(a)
	“Change of Control Offer”	  	4.13(a)
	“Change of Control Payment”	  	4.13(a)
	“Change of Control Payment Date”	  	4.13(a)
	“Co-Issuers”	  	Preamble
	“Collateral Agent” 	  	Preamble
	“Covenant Defeasance”	  	8.03
	“Custodian”	  	2.01(b)
	“date of determination”	  	9.03
	“Electronic Signature”	  	13.11
	“Event of Default”	  	6.01(a)
	“Excess Proceeds”	  	4.10(c)
	“Exchange”	  	Exhibit C
	“Financial Incurrence Test”	  	1.05(d)
	“Fixed Basket”	  	1.05(d)
	“Foreign Disposition”	  	4.10
	“Global Note Legend”	  	2.06(g)(2)
	“Guaranteeing Subsidiary”	  	Exhibit E
	“Increased Amount”	  	4.12(b)
	“incur”	  	4.09(a)
	“Initial Default”	  	6.04(b)
	“Initial Notes”	  	Preamble
	“Interest Payment Date”	  	2.01(a)
	“Investment Grade Status”	  	4.16(a)
	“ISDA CDS Definitions”	  	9.03
	“LCT Election”	  	1.04(a)
	“LCT Test Date”	  	1.04(a)
	“Legal Defeasance”	  	8.02
	“Mortgage Policies”	  	4.21(b)
	“Net Short Holder”	  	9.03
	“Non-Fixed Basket”	  	1.05(d)
	“Notes”	  	Preamble
	“Offer Amount”	  	3.09
	“Offer Period”	  	3.09
	“Owner”	  	Exhibit C
	“Paying Agent”	  	2.03
	“Payment Default”	  	6.01(a)
	“Permitted Debt”	  	4.09(b)
	“Private Placement Legend”	  	2.06(g)(1)
	“Purchase Date” 	  	3.09(b)
	“Qualified Reporting Subsidiary”	  	4.03(f)
	“Ratio Debt”	  	4.09(a)

  
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	 Term
	  	 Defined in Section

	“Redemption Date”	  	3.01
	“Refinancing Indebtedness”	  	4.09(b)(5)
	“Refunding Capital Stock”	  	4.07(b)(2)
	“Registrar”	  	2.03
	“Regulation S Temporary Global Note Legend”	  	2.06(g)(3)
	“Related Person”	  	12.08(b)
	“Restricted Payments”	  	4.07(a)
	“Restricted Period”	  	2.01(c)
	“Retained Declined Proceeds”	  	4.10(c)
	“Reversion Date”	  	4.16(c)
	“Secured System”	  	4.03(a)
	“Security Document Order”	  	12.08(r)
	“Specified Indebtedness”	  	9.03
	“Surviving Entity”	  	5.01(1)
	“Suspended Covenants”	  	4.16(a)
	“Suspension Period”	  	4.16(c)
	“Tax Amount”	  	1.01
	“Transfer Agent”	  	2.03
	“Treasury Capital Stock”	  	4.07(b)(2)
		
	Section 1.03 Rules of Construction.	  	

 Unless the context otherwise requires: 

(a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it in accordance with IFRS; 

(c) “or” is not exclusive; 

(d) the term “including” is not limiting; 

(e) words in the singular include the plural, and in the plural include the singular; 

(f) “will” shall be interpreted to express a command; 

(g) provisions apply to successive events and transactions; 

(h) the term “documents” includes any and all instruments, documents, agreements, 

certificates, notices, reports, financial statements and other writings, however evidenced, whether in physical or electronic
form; 
 (i) the word “or” is not exclusive; 

(j) 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; 

(k) the words “asset” and “property” shall be construed as having 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; 

  
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 (l) for avoidance of doubt, except where the context shall otherwise
require, any reference to any employee, director, officer, member of management, independent contractor, advisor, service provider or consultant shall refer to any future, current or former employee, director, officer, member of management,
independent contractor, advisor, service provider or consultant; 
 (m) all references to “knowledge” of the Parent
Guarantor, any Co-Issuer or any Restricted Subsidiary means the actual knowledge of a Responsible Officer; 

(n) all certifications to be made hereunder by an officer or representative of a
Co-Issuer or any Guarantor shall be made by such person in his or her capacity solely as an officer or a representative of such Co-Issuer or Guarantor, on such
entities’ behalf and not in such Person’s individual capacity; 
 (o) any reference herein to a merger, transfer,
consolidation, amalgamation, assignment, sale, disposition or transfer, or similar term, shall be deemed to apply to a division of or by a limited liability company, or an allocation of assets to a series of a limited liability company (or the
unwinding of such a division or allocation), as if it were a merger, transfer, consolidation, amalgamation, assignment, sale or transfer, or similar term, as applicable, to, of or with a separate Person. Any division of a limited liability company
shall constitute a separate Person hereunder (and each division of any limited liability company that is a Subsidiary, Restricted Subsidiary, Unrestricted Subsidiary, joint venture or any other like term shall also constitute such a Person or
entity), and to the extent any covenant in any Security Document is applicable to such limited liability company immediately prior to such division, such covenant shall apply to any Person resulting from such division immediately after such
division. For the avoidance of doubt, for purposes of Section 4.21, any Person resulting from such division of a Restricted Subsidiary constitutes a new Restricted Subsidiary that is created or acquired after the Issue Date; 

(p) unless the context requires otherwise, terms not otherwise defined herein and that are defined in the UCC or in similar
laws of any relevant jurisdiction, as applicable, shall have the meanings therein defined; 
 (q) references to sections of
or rules under the Securities Act will be deemed to include substitute, replacement or successor sections or rules adopted by the Commission from time to time; 

(r) notwithstanding anything to the contrary in this Indenture, prior to the qualification of this Indenture under the TIA, no
provision of the TIA shall apply or be incorporated by reference into this Indenture or the Notes, except as specifically set forth in this Indenture. 

Section 1.04 Limited Condition Transactions. 

(a) Notwithstanding anything in this Indenture to the contrary, when (i) calculating any applicable Financial Incurrence
Test or availability under any Basket, in connection with the incurrence of any Limited Condition Transaction, any Indebtedness or any other transaction in connection with a Limited Condition Transaction and any actions or transactions related
thereto (including for all purposes under this section, the making of acquisitions and investments, Asset Sales or other dispositions, the incurrence or issuance of Indebtedness, Disqualified Stock or Preferred Stock and the use of proceeds thereof,
the incurrence of Liens, repayments of Indebtedness, the making of Restricted Payments and/or the designation of a Subsidiary as a Restricted Subsidiary or an Unrestricted Subsidiary), (ii) determining (A) compliance with any provision of this
Indenture which requires that no Default or Event of Default (or any type of Default or Event of Default) has occurred, is continuing or would result therefrom, or (B) the satisfaction of any other conditions, in each case under this clause
(b), in connection with the incurrence of any Limited Condition Transaction, any Indebtedness or any other transaction in connection with a Limited Condition Transaction and any actions or transactions related thereto, in each case under the
foregoing clauses (i) and (ii), the date of determination of such Financial Incurrence Test, availability under any Basket or other provisions, determination of whether any Default or Event of Default (or any type of Default or Event of
Default) has occurred, is continuing or would result therefrom, determination of the satisfaction of any other conditions shall, at the option of a Co-Issuer (in its sole discretion) (the Co-Issuer’s election to exercise such option, an “LCT Election,” which LCT Election may be in respect of one or more of clauses (i), (ii)(A) and 

  
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 (ii)(B) above), be deemed to be (w) in the case of any transaction contemplated by
clause (i) of the definition of “Limited Condition Transaction,” either (I) the date the definitive agreements for such Limited Condition Transaction are entered into or (II) solely in connection with an acquisition to which
the United Kingdom City Code on Takeovers and Mergers applies (or similar laws of another jurisdiction), the date on which a “Rule 2.7 Announcement” of a firm intention to make an offer (or similar announcement under the laws of another
jurisdiction) in respect of a target of a Limited Condition Transaction, (x) in the case of any transaction contemplated by clause (ii) of the definition of “Limited Condition Transaction,” at the time of delivery of the notice
with respect thereto, (y) in the case of any transaction contemplated by clause (iii) of the definition of “Limited Condition Transaction,” at the time of the declaration of such restricted payment so long as such restricted
payment is made within 60 days after such declaration or (z) in the case of any transaction contemplated by clause (iv) of the definition of Limited Condition Transaction, the date the definitive agreements for such Limited Condition
Transaction are entered into or, in each case, such later date elected by a Co-Issuer (each, the “LCT Test Date”) and, subject to the other provisions of this section, if, after giving pro
forma effect to the Limited Condition Transaction, any Indebtedness or other transaction in connection therewith and any actions or transactions related thereto and any related pro forma adjustments, the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries would have been permitted to take such actions or consummate such transactions on the relevant LCT Test Date in compliance with such Basket (and any related
requirements and conditions), such Basket (and any related requirements and conditions) shall be deemed to have been complied with (or satisfied) for all purposes; provided, that (x) if financial statements for one or more subsequent
fiscal quarters shall have become available, the Co-Issuers may elect, in its sole discretion, to re-determine availability under Baskets on the basis of such financial
statements, in which case, such date of redetermination shall thereafter be deemed to be the applicable LCT Test Date for purposes of such Basket (provided that, if the Co-Issuers elect to re-determine availability under an applicable Basket under this clause (x), to the extent otherwise required under the applicable Basket, the determination of whether any Event of Default under
Section 6.01(a)(2) or, with respect to the Co-Issuers, Sections 6.01(a)(6) or (a)(7) shall be continuing shall also be made at such time), and (y) except as contemplated in the foregoing clause (x),
compliance with such Baskets (and any related requirements and conditions) shall not be determined or tested at any time after the applicable LCT Test Date for such Limited Condition Transaction (as such date may be updated to reflect any amendment
to the definitive transaction documents as set forth above), any Indebtedness or other transaction incurred in connection therewith and any actions or transactions related thereto. 

(b) For the avoidance of doubt, if the Co-Issuers have made an LCT Election,
(i) if any of the ratios, tests or Baskets for which compliance was determined or tested as of the LCT Test Date would at any time after the LCT Test Date have been exceeded or otherwise failed to have been complied with as a result of
fluctuations in any such Financial Incurrence Test or Basket, including due to fluctuations in Consolidated EBITDA of the Parent Guarantor, the Co-Issuers or the Person subject to such Limited Condition
Transaction, such Baskets, tests or ratios will be deemed not to have been exceeded or failed to have been complied with as a result of such fluctuations, (ii) other than as expressly set forth in this section, if any related requirements and
conditions (including as to the absence of any (or any type of) continuing Default or Event of Default) for which compliance or satisfaction was determined or tested as of the LCT Test Date would at any time after the LCT Test Date not have been
complied with or satisfied (including due to the occurrence or continuation of any Default or Event of Default), such requirements and conditions will be deemed not to have been failed to be complied with or satisfied (and such Default or Event of
Default shall be deemed not to have occurred or be continuing) and (iii) in calculating the availability under any Financial Incurrence Test or Basket in connection with any action or transaction following the relevant LCT Test Date and prior
to the earlier of the date on which such Limited Condition Transaction is consummated or the date that the definitive agreement or date for redemption, purchase or repayment specified in an irrevocable notice or declaration for such Limited
Condition Transaction is terminated, expires or passes, as applicable, without consummation of such Limited Condition Transaction, any such Financial Incurrence Test or Basket shall be determined or tested giving pro forma effect to such Limited
Condition Transaction and any actions or transactions related thereto. 

  
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 Section 1.05 Certain Calculations under this Indenture. 

(a) For purposes of calculating any Financial Incurrence Test or availability under any Basket (or Consolidated EBITDA),
Specified Transactions (with the incurrence or repayment of any Indebtedness in connection therewith to be subject to the next succeeding paragraph (other than Indebtedness incurred or repaid under any revolving facility or line of credit) that have
been made (i) during the applicable Test Period or (ii) subsequent to such Test Period and prior to or simultaneously with the event for which the calculation of any such ratio is made shall be calculated on a pro forma basis assuming that
all such Specified Transactions (and any increase or decrease in Consolidated EBITDA and the component financial definitions used therein attributable to any Specified Transaction) had occurred on the first day of the applicable Test Period. If
since the beginning of any applicable Test Period any Person that subsequently became a Restricted Subsidiary or was merged, amalgamated or consolidated with or into the Parent Guarantor or any Restricted Subsidiary since the beginning of such Test
Period shall have made any Specified Transaction that would have required adjustment pursuant to this section, then such financial ratio or test (or Consolidated EBITDA) shall be calculated to give pro forma effect thereto in accordance with this
section; provided that with respect to any pro forma calculations to be made in connection with any acquisition or investment in respect of which financial statements for the relevant target are not available for the same Test Period for which
internal financial statements of the Company are available, the Company shall determine such pro forma calculations on the basis of the available financial statements (even if for differing periods) or such other basis as determined on a
commercially reasonable basis by the Company. 
 (b) Whenever pro forma effect is to be given to a Specified Transaction or
the implementation of an operational initiative or operational change, the pro forma calculations shall be made in good faith by a financial officer of the Company and may include, for the avoidance of doubt, the amount of “run-rate” cost savings, operating expense reductions, operating initiatives, other operating improvements and synergies projected by the Co-Issuers in good faith to
be realized as a result of specified actions taken, committed to be taken or expected to be taken (in the good faith determination of the Co-Issuers) (calculated on a pro forma basis as though such cost
savings, operating expense reductions, operating initiatives, other operating improvements and synergies had been realized in full on the first day of such period and as if such cost savings, operating expense reductions, operating initiatives,
other operating improvements and synergies were realized in full during the entirety of such period) and “run-rate” means the full recurring benefit for a period that is associated with any action
taken, committed to be taken or with respect to which substantial steps have been taken or are expected to be taken (including any savings expected to result from the elimination of a public target’s compliance costs with public company
requirements), whether prior to or following the Issue Date, net of the amount of actual benefits realized during such period from such actions, and any such adjustments shall be included in the initial pro forma calculations of such financial
ratios or tests and during any subsequent Test Period in which the effects thereof are expected to be realized) relating to such Specified Transaction, such implementation of an operational initiative or operational change; provided that
(i) such amounts are reasonably identifiable, (ii) except as set forth in the definition of “Consolidated EBITDA,” such actions are taken, committed to be taken or with respect to which substantial steps have been taken or are
expected to be taken (in the good faith determination of the Company) no later than 24 months after the date of such Specified Transaction such implementation of an operational initiative or operational change (or actions undertaken or implemented
prior to the consummation of such Specified Transaction), (iii) no amounts shall be added to the extent duplicative of any amounts that are otherwise added back in computing Consolidated EBITDA (or any other components thereof), whether through a
pro forma adjustment or otherwise, with respect to such period and (iv) it is understood and agreed that, subject to compliance with the other provisions of this paragraph, amounts to be included in pro forma calculations pursuant to this
paragraph may be included in Test Periods in which the Specified Transaction to which such amounts relate to is no longer being given pro forma effect pursuant to the immediately preceding paragraph. 

(c) In the event that (i) the Parent Guarantor, the Co-Issuers or any of their
Restricted Subsidiaries incurs (including by assumption or guarantees), issues or repays (including by redemption, repurchase, repayment, retirement, discharge, defeasance or extinguishment) any Indebtedness (other than Indebtedness incurred or
repaid under any revolving credit facility), (ii) the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries issues, repurchases or redeems Disqualified Stock, (iii) any Restricted 

  
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 Subsidiary issues, repurchases or redeems Preferred Stock or (iv) the Parent Guarantor,
the Co-Issuers or any of their Restricted Subsidiaries establishes or eliminates any Designated Revolving Commitments, in each case included in the calculations of any financial ratio or test (and, in each
case of the foregoing clauses (i) and (iv), any Lien incurred in connection therewith), (A) during the applicable Test Period or (B) subsequent to the end of the applicable Test Period and prior to or simultaneously with the event for
which the calculation of any such ratio is made, then such financial ratio or test shall be calculated giving pro forma effect to such incurrence, issuance, repayment or redemption of Indebtedness, issuance, repurchase or redemption of Disqualified
Stock or Preferred Stock, or establishment or elimination of any Designated Revolving Commitments, in each case to the extent required, as if the same had occurred on the last day of the applicable Test Period (except in the case of the Fixed Charge
Coverage Ratio (or similar ratio), in which case such incurrence, issuance, guarantee, discharge, defeasance, extinguishment, repayment or redemption of Indebtedness, issuance, repurchase or redemption of Disqualified Stock or Preferred Stock, or
establishment or elimination of any Designated Revolving Commitments, in each case will be given effect, as if the same had occurred on the first day of the applicable Test Period) and, in the case of Indebtedness for all purposes such financial
ratio or test shall be calculated as if such Indebtedness in the full amount of any undrawn Designated Revolving Commitments had been incurred thereunder throughout such period. 

(d) If any Indebtedness bears a floating rate of interest and is being given pro forma effect, the interest on such
Indebtedness shall be calculated as if the rate in effect on the date of the event for which the calculation of the Fixed Charge Coverage Ratio is made had been the applicable rate for the entire period (taking into account any interest hedging
arrangements applicable to such Indebtedness). Interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by a financial officer of the Company to be the rate of interest implicit in such
Capitalized Lease Obligation in accordance with GAAP. Interest on Indebtedness that may optionally be determined at an interest rate based upon a factor of a prime or similar rate, a eurocurrency interbank offered rate, or other rate shall be
determined to have been based upon the rate actually chosen, or if none, then based upon such optional rate chosen as the Parent Guarantor or applicable Restricted Subsidiary may designate. Notwithstanding anything in this Indenture to the contrary,
in the event any Lien, Indebtedness (other than Indebtedness under the ABL Credit Agreement outstanding on the Issue Date, which will be deemed to have been incurred in reliance on Section 4.09(b)(1)), Disqualified Stock, Preferred Stock, Asset
Sale, Investment, Restricted Payment, or other transaction, action, judgment or amount incurred under any provision in this Indenture (or any of the foregoing in concurrent transactions, a single transaction or a series of related transactions)
meets the criteria of one or more than one of the categories of Baskets under this Indenture (including within any defined terms), including any Fixed Basket or Non-Fixed Basket, as applicable, the Co-Issuers shall be permitted, in its sole discretion, to divide and classify and to later, at any time and from time to time, re-divide and
re-classify (including to re-classify utilization of any Fixed Basket as being incurred under any Non-Fixed Basket or other Fixed
Basket or utilization of any Non-Fixed Basket as being incurred under any Fixed Basket or other Non-Fixed Basket) on one or more occasions (based on circumstances
existing on the date of any such redivision and re-classification) any such Lien, Indebtedness, Disqualified Stock, Preferred Stock, Asset Sale, Investment, Restricted Payment, or other transaction, action,
judgment or amount, in whole or in part, among one or more than one applicable Baskets under this Indenture (in the case of re-classification or re-division, so long as
the amount so re-classified or re-divided is re-classified or re-divided only within the
same negative covenant (other than with respect to re-classification of Restricted Payments to Indebtedness pursuant to Section 4.09(b)(29) and permitted at the time of such
re-classification or re-division to be incurred pursuant to the applicable Basket into which such amount is re-classified or re-divided at such time). For the avoidance of doubt, the amount of any Lien, Indebtedness, Disqualified Stock, Preferred Stock, Asset Sale, Investment, Restricted Payment or other transaction, action, judgment or
amount that shall be allocated to each such Basket shall be determined by the Co-Issuers at the time of such division, classification, re-division or re-classification, as applicable. If any Lien, Indebtedness, Disqualified Stock, Preferred Stock, Asset Sale, Investment, Restricted Payment, or other transaction, action, judgment or amount incurred under any
provision in this Indenture (or any portion of the foregoing) previously divided and classified (or re-divided and re-classified) as set forth above under any Fixed
Basket, could subsequently be re-divided and re-classified under a Non-Fixed Basket, such
re-division and re-classification shall be deemed to occur automatically, in each case, unless otherwise elected by the
Co-Issuers. For all purposes hereunder, (x) “Fixed Basket” shall mean any Basket that is subject to a fixed-dollar limit (including Baskets based on a percentage of Consolidated EBITDA) and
(y) “Non-Fixed Basket” shall mean any Basket that is subject to compliance with a financial ratio or test (including the Fixed Charge Coverage Ratio, the Consolidated First Lien Debt Ratio or
the Consolidated Total Debt Ratio) (any such ratio or test, a “Financial Incurrence Test”). 
  

  
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 (e) Notwithstanding anything in this Indenture to the contrary, in
calculating any Non-Fixed Basket (i) any amounts incurred under any revolving facility, (ii) any Indebtedness concurrently incurred to fund original issue discount or upfront fees and (iii) any
amounts incurred, or transactions entered into or consummated, in reliance on a Fixed Basket in a concurrent transaction, a single transaction or a series of related transactions with the amount incurred, or transaction entered into or consummated,
under an applicable Non-Fixed Basket, in each case of the foregoing clauses (i), (ii) and (iii), shall be disregarded in the calculation of such Non-Fixed Basket;
provided that full pro forma effect shall be given to all applicable and related transactions (including the use of proceeds of all applicable Indebtedness incurred and any repayments, repurchases and redemptions of Indebtedness) and all other
adjustments as to which pro forma effect may be given under this section. If any Lien, Indebtedness, Disqualified Stock, Preferred Stock, Asset Sale, Investment, Restricted Payment, or other transaction, action, judgment or amount (any of the
foregoing in concurrent transactions, a single transaction or a series of related transactions) is incurred, issued, taken or consummated in reliance on categories of Baskets measured by reference to a percentage of Consolidated EBITDA, and any
Lien, Indebtedness, Disqualified Stock, Preferred Stock, Asset Sale, Investment, Restricted Payment, or other transaction, action, judgment or amount (including in connection with refinancing thereof) would subsequently exceed the applicable
percentage of Consolidated EBITDA if calculated based on the Consolidated EBITDA on a later date (including the date of any refinancing or re-classification), such percentage of Consolidated EBITDA will be
deemed not to be exceeded (so long as, in the case of refinancing any Indebtedness, Disqualified Stock or Preferred Stock (and any related Lien), the principal amount or the liquidation preference of such newly incurred or issued Indebtedness,
Disqualified Stock or Preferred Stock does not exceed the maximum principal amount, liquidation preference or amount of Refi-nancing Indebtedness in respect of the Indebtedness, Disqualified Stock or Preferred Stock being refinanced, extended,
replaced, refunded, renewed or defeased). 
 (f) Notwithstanding anything herein to the contrary, when calculating the
Consolidated Total Debt Ratio for purposes of the definition of “Change of Control Triggering Event,” a Co-Issuer shall be entitled at its option to make such calculations as it would if making
calculations of baskets or ratios appropriate or consistent with the provisions set forth above in Section 1.04 or this Section 1.05 (other than pursuant to Section 1.05(e)(i) (only in respect of drawings under the ABL Credit
Agreement made on the relevant determination date) and Section 1.05(e)(iii)). 
 Section 1.06 References to Agreements, Laws, Etc. 

Unless otherwise provided herein, (a) references to organization documents, agreements (including the Security Documents, ABL Financing
Documents and the First Lien Documents) and other contractual obligations shall be deemed to include all subsequent amendments, restatements, refinancings, extensions, supplements and other modifications thereto, but only to the extent that such
amendments, restatements, refinancings, extensions, supplements and other modifications are not prohibited by this Indenture or the Security Documents; and (b) references to any law shall include all statutory and regulatory provisions
consolidating, amendment, replacing, supplementing or interpreting such law. Any term or section reference herein or in the other Security Documents which refers to a defined term or section reference in any organization document, agreement,
contractual obligation or law shall be deemed to be a cross-reference to the same or comparable defined term or section reference, as applicable, in any such amendment, restatement, refinancing or other modification to such organization document,
agreement, contractual obligation or any such consolidation, amendment, replacement, supplement or interpretation of such law. 

  
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 ARTICLE 2 

THE NOTES 
 Section 2.01 Form and
Dating. 
 (a) General. The Notes and the Trustee’s (or its Authenticating Agent’s) certificate of
authentication will be substantially in the form of Exhibit A hereto. The Notes may have notations, legends or endorsements required by law, stock exchange rule or usage; provided that any such notations, legends or endorsements are in a form
reasonably acceptable to the Co-Issuers. Each Note will be dated the date of its authentication. Each note will bear interest at a rate of 6.375% per annum from the Issue Date or from the most recent
date to which interest has been paid or provided for, payable semiannually on each March 30 and September 30 of each year (each such date, an “Interest Payment Date”), commencing on March 30, 2021 to Holders of record at
the close of business on the March 15 or September 15, whether or not a Business Day, immediately preceding each Interest Payment Date. Interest will be paid on the basis of a 360-day year consisting
of twelve 30-day months. The Notes will be issued in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof. 

The terms and provisions contained in the Notes will constitute, and are hereby expressly made, a part of this Indenture and the Co-Issuers, the Guarantors, the Trustee and the Collateral Agent, by their execution and delivery of this Indenture, expressly agree to such terms and provisions and to be bound thereby. However, to the extent any
provision of any Note conflicts with the express provisions of this Indenture, the provisions of this Indenture shall govern and be controlling. 

(b) Global Notes. Notes issued in global form will be substantially in the form of Exhibit A hereto (including the
Global Note Legend thereon and the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Notes issued in definitive form will be substantially in the form of Exhibit A hereto (but without the Global Note Legend thereon
and without the “Schedule of Exchanges of Interests in the Global Note” attached thereto). Each Global Note will represent such of the outstanding Notes as will be specified therein and each shall provide that it represents the aggregate
principal amount of outstanding Notes from time to time endorsed thereon (or otherwise in accordance with the Applicable Procedures (as defined below)) and that the aggregate principal amount of outstanding Notes represented thereby may from time to
time be reduced or increased, as appropriate, to reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the aggregate principal amount of outstanding Notes represented thereby will be
made by the Trustee or the custodian for the Depositary (the “Custodian”), at the direction of the Trustee, in accordance with instructions given by the Holder thereof as required by Section 2.06. 

(c) Temporary Global Notes. Notes offered and sold in reliance on Regulation S will be issued initially in the form of
the Regulation S Temporary Global Note, which will be deposited on behalf of the purchasers of the Notes represented thereby with the Trustee, as Custodian, and registered in the name of the Depositary or the nominee of the Depositary for the
accounts of designated agents holding on behalf of Euroclear or Clearstream, duly executed by the Co-Issuers and authenticated by the Trustee as hereinafter provided. After the 40th day after the later of the commencement of the offering of the Initial Notes and the Issue Date (such period through and including such 40th day,
the “Restricted Period”) and upon the receipt by the Trustee of: 
 (1) certificates from Euroclear and
Clearstream, substantially in the form of Exhibit F hereto, certifying that they have received certification of non-United States beneficial ownership of 100% of the aggregate principal amount of the
Regulation S Temporary Global Note (except to the extent of any beneficial owners thereof who acquired an interest therein during the Restricted Period pursuant to another exemption from registration under the Securities Act and who will take
delivery of a beneficial ownership interest in a 144A Global Note bearing a Private Placement Legend, all as contemplated by Section 2.06(b)); and 

(2) an Officer’s Certificate from the Co-Issuers, beneficial interests in the
Regulation S Temporary Global Note will be exchanged for beneficial interests in the Regulation S Permanent Global Note pursuant to the applicable procedures of the Depositary (the “Applicable Procedures”). Simultaneously with such
exchange of the Regulation S Permanent Global Note, the Trustee will cancel the Regulation S Temporary Global Note. The aggregate principal amount of the Regulation S Temporary Global Note and the Regulation S Permanent Global Note may from time to
time be increased or decreased by adjustments made on the records of the Trustee and the Depositary or its nominee, as the case may be, in connection with transfers of interests as hereinafter provided. 

  
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 (d) Euroclear and Clearstream Applicable Procedures. The provisions
of the “Operating Procedures of the Euroclear System” and “Terms and Conditions Governing Use of Euroclear” and the “General Terms and Conditions of Clearstream Banking” and “Customer Handbook” of Clearstream
will be applicable to transfers of beneficial interests in the Regulation S Temporary Global Note and the Regulation S Permanent Global Notes that are held by Participants through Euroclear or Clearstream. 

(e) Issuance of Additional Notes. Additional Notes ranking pari passu with the Initial Notes may be created and
issued from time to time by the Co-Issuers without notice to or consent of the Holders and shall be consolidated with and form a single class with the Initial Notes and shall have the same terms as to status
or otherwise as the Initial Notes, subject to the next paragraph, which terms shall be set forth in an Officer’s Certificate or, at the election of the Issuer, a supplemental indenture; provided that (i) the Co-Issuers’ ability to issue Additional Notes shall be subject to the Co-Issuers’ compliance with Sections 4.09 and 4.12 and (ii) a separate CUSIP, Common Code
or ISIN number will be used for Additional Notes, unless the Notes and Additional Notes are treated as fungible for U.S. federal income tax purposes. 

The Co-Issuers may designate the maturity date, interest rate and optional redemption provisions
applicable to each series of Additional Notes, which may differ from the maturity date, interest rate and optional redemption provisions applicable to the Initial Notes, subject to the applicable provisions of the first paragraph of
Section 9.02. Additional Notes that differ with respect to maturity date, interest rate or optional redemption provisions from the Notes issued on the Issue Date will constitute a different series of Notes from such Initial Notes. Unless
otherwise designated by the Co-Issuers, Additional Notes that have the same maturity date, interest rate and optional redemption provisions as the Initial Notes will be treated as the same as the Initial Notes
for all purposes under this Indenture. The Co-Issuers similarly may vary the application of related other provisions (including the issue price and any applicable original issue discount legend) to any series
of Additional Notes. 
 Section 2.02 Execution and Authentication. 

At least one Officer must sign the Notes for the Co-Issuers by manual, facsimile or Electronic
Signature. If an Officer whose signature is on a Note no longer holds that office at the time a Note is authenticated, the Note will nevertheless be valid. 

A Note will not be valid until authenticated by the manual signature of an authorized signatory of the Trustee. The signature of the Trustee
on a Note will be conclusive evidence that the Note has been duly authenticated and delivered under this Indenture. 
 The Trustee will,
upon receipt of a written order signed by an Officer of the Co-Issuers (an “Authentication Order”), authenticate (i) Notes for original issue, of which $600,000,000 in aggregate
principal amount will be issued on the Issue Date, and (ii) any Additional Notes. The aggregate principal amount of Notes outstanding at any time may not exceed the aggregate principal amount of Notes authorized for issuance by the Co-Issuers pursuant to one or more Authentication Orders, except as provided in Section 2.07. 
 The
Trustee may appoint an authenticating agent (the “Authenticating Agent”) reasonably acceptable to the Co-Issuers to authenticate Notes. Such Authenticating Agent may authenticate Notes
whenever the Trustee may do so. Each reference in this Indenture to authentication by the Trustee includes authentication by such Authenticating Agent. An Authenticating Agent has the same rights as an agent to deal with Holders or an Affiliate of
the Co-Issuers. An Authenticating Agent has the same rights as any Registrar, Paying Agent or agent for service of notices and demands. 

Section 2.03 Registrar and Paying Agent. 

The Trustee will maintain an office or agency where Notes may be presented for registration of transfer or for exchange (the
“Registrar”), an office or agency where Notes may be presented for payment (the “Paying Agent”) and an office or agency where Notes may be presented for transfer or exchange (the “Transfer
Agent”). The Registrar will keep a register of the Notes and of their transfer and exchange. The registered holder of a Note will be treated as 

  
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the owner of the Note for all purposes. The Co-Issuers may appoint one or more co-registrars and one or more
additional paying agents or transfer agents. The term “Registrar” includes any co-registrar, the term “Paying Agent” includes any additional paying agent and the term “Transfer
Agent” includes any additional transfer agent. The Co-Issuers may change any Paying Agent, Registrar or Transfer Agent without prior notice to any Holder. The
Co-Issuers will notify the Trustee in writing of the name and address of any Agent not a party to this Indenture. If the Co-Issuers fail to appoint or maintain another
entity as Registrar, Paying Agent or Transfer Agent, the Trustee shall act as such Paying Agent, Transfer Agent or Registrar. The Parent Guarantor or any of its Subsidiaries may act as Paying Agent, Transfer Agent or Registrar. 

The Co-Issuers initially appoint DTC to act as Depositary with respect to the Global Notes. 

The Co-Issuers initially appoint the Trustee to act as Custodian with respect to the global notes and
as Registrar with respect to the Notes. The Co-Issuers initially appoint the Trustee to act as the Paying Agent with respect to the Notes. The Co-Issuers initially
appoint the Trustee to act as the Transfer Agent with respect to the Notes. Each of the foregoing hereby accepts such respective appointments. 

Section 2.04 Paying Agent to Hold Money in Trust. 

The Co-Issuers will require each Paying Agent other than the Trustee to agree in writing that the
Paying Agent will hold in trust for the benefit of Holders and the Trustee all money held by the Paying Agent for the payment of principal of, premium on, if any, and interest on, the Notes, and will notify the Trustee, as applicable, of any default
by the Co-Issuers in making any such payment. While any such default continues, the Trustee may require a Paying Agent to pay all money held by it to the Trustee, as applicable. The Co-Issuers at any time may require a Paying Agent to pay all money held by it to the Trustee, as applicable. Upon payment over to the Trustee, as applicable, the Paying Agent (if other than the Parent Guarantor or a
Subsidiary) will have no further liability for the money. If the Parent Guarantor or a Subsidiary acts as Paying Agent, it will segregate and hold in a separate trust fund for the benefit of the Holders all money held by it as Paying Agent. Upon any
bankruptcy or reorganization proceedings relating to the Co-Issuers, the Trustee will serve as Paying Agent for the Notes. 

Section 2.05 Holder Lists. 
 The
Trustee will preserve in as current a form as is reasonably practicable the most recent list available to them of the names and addresses of all Holders. If neither of the Trustee is the Registrar, the
Co-Issuers will furnish to the Trustee at least seven Business Days before each Interest Payment Date and at such other times as the Trustee may request in writing, a list in such form and as of such date as
the Trustee, as applicable, may reasonably require of the names and addresses of the Holders of Notes. 
 Section 2.06 Transfer and Exchange.

 (a) Transfer and Exchange of Global Notes. Except as otherwise set forth in this Section 2.06, a Global Note
may be transferred, in whole and not in part, only to another nominee of the Depositary or to a successor thereto or a nominee of such successor thereto. All Global Notes may be exchanged for Definitive Notes of the same series if: 

(A) the Depositary (x) notifies the Co-Issuers that it is unwilling or unable to
continue as Depositary for such Global Note or (y) has ceased to be a clearing agency registered under the Exchange Act, and, in either case, a successor Depositary is not appointed by the Co-Issuers
within 120 days, or 
 (B) if there shall have occurred and be continuing an Event of Default with respect to the Notes and
the beneficial owners thereof have requested such exchange. 

  
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 (b) Upon the occurrence of any of the events in clauses (A) or (B)
above, Definitive Notes delivered in exchange for any Global Note of the same series or beneficial interests therein will be registered in the names, and issued in any approved denominations, requested by or on behalf of the Depositary (in
accordance with its customary procedures). Global Notes also may be exchanged or replaced, in whole or in part, as provided in Sections 2.07 and 2.10. Every Note authenticated and delivered in exchange for, or in lieu of, a Global Note of the same
series or any portion thereof, pursuant to this Section 2.06 or Sections 2.07 or 2.10, shall be authenticated and delivered in the form of, and shall be, a Global Note, except for Definitive Notes issued subsequent to any of the events in
clause (A) or (B) above and pursuant to Section 2.06(c). A Global Note may not be exchanged for another Note other than as provided in this Section 2.06(b); provided, however, beneficial interests in a Global Note may be
transferred and exchanged as provided in this Section 2.06(b) or in Sections 2.06(c) or 2.06(d). 
 (c) Transfer and
Exchange of Beneficial Interests in the Global Notes. The transfer and exchange of beneficial interests in the Global Notes will be effected through the Depositary, in accordance with the provisions of this Indenture and the Applicable
Procedures. Beneficial interests in the Restricted Global Notes will be subject to restrictions on transfer comparable to those set forth herein to the extent required by the Securities Act. Transfers of beneficial interests in the Global Notes also
will require compliance with either subparagraph (1) or (2) below, as applicable, as well as one or more of the other following subparagraphs, as applicable: 

(1) Transfer of Beneficial Interests in the Same Global Note. Beneficial interests in any Restricted Global Note may be
transferred to Persons who take delivery thereof in the form of a beneficial interest in the same Restricted Global Note in accordance with the transfer restrictions set forth in the Private Placement Legend; provided, however,
that prior to the expiration of the Restricted Period, transfers of beneficial interests in the Regulation S Temporary Global Note may not be made to a U.S. Person or for the account or benefit of a U.S. Person (other than an initial purchaser).
Beneficial interests in any Unrestricted Global Note may be transferred to Persons who take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note. No written orders or instructions shall be required to be delivered to
the Registrar to effect the transfers described in this Section 2.06(c)(1). 
 (2) All Other Transfers and Exchanges
of Beneficial Interests in Global Notes. In connection with all transfers and exchanges of beneficial interests that are not subject to Section 2.06(c)(1) above, the transferor of such beneficial interest must deliver to the Registrar
either: 
 (A) both: 

(i) a written order from a Participant or an Indirect Participant given to the Depositary in accordance with the Applicable
Procedures directing the Depositary to credit or cause to be credited a beneficial interest in another Global Note in an amount equal to the beneficial interest to be transferred or exchanged; and 

(ii) instructions given in accordance with the Applicable Procedures containing information regarding the Participant account
to be credited with such increase; or 
 (B) both: 

(i) a written order from a Participant or an Indirect Participant given to the Depositary in accordance with the Applicable
Procedures directing the Depositary to cause to be issued a Definitive Note of the same series in an amount equal to the beneficial interest to be transferred or exchanged; and 

(ii) instructions given by the Depositary to the Registrar containing information regarding the Person in whose name such
Definitive Note shall be registered to effect the transfer or exchange referred to in (1) above; 
 provided that in no event
shall Definitive Notes be issued upon the transfer or exchange of beneficial interests in the Regulation S Temporary Global Note prior to (A) the expiration of the Restricted Period and (B) the receipt by the Trustee of the certificates
required by Section 2.01(c). 

  
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 (3) Transfer of Beneficial Interests to Another Restricted Global Note.
A beneficial interest in any Restricted Global Note may be transferred to a Person who takes delivery thereof in the form of a beneficial interest in another Restricted Global Note if the transfer complies with the requirements of
Section 2.06(c)(2) above and the Registrar receives the following: 
 (A) if the transferee will take delivery in the
form of a beneficial interest in the 144A Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (1) thereof, or 

(B) if the transferee will take delivery in the form of a beneficial interest in the Regulation S Temporary Global Note or the
Regulation S Permanent Global Note, then the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof. 

(4) Transfer and Exchange of Beneficial Interests in a Restricted Global Note for Beneficial Interests in an Unrestricted
Global Note. A beneficial interest in any Restricted Global Note may be exchanged by any holder thereof for a beneficial interest in an Unrestricted Global Note or transferred to a Person who takes delivery thereof in the form of a beneficial
interest in an Unrestricted Global Note if the exchange or transfer complies with the requirements of Section 2.06(c)(2) and the Registrar receives the following: 

(A) if the holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a
beneficial interest in an Unrestricted Global Note of the same series, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(a) thereof; or 

(B) if the holder of such beneficial interest in a Restricted Global Note proposes to transfer such beneficial interest to a
Person who shall take delivery thereof in the form of a beneficial interest in an Unrestricted Global Note of the same series, a certificate from such holder in the form of Exhibit B hereto, including the certifications in item
(4) thereof; 
 and, in each such case set forth in subparagraphs (A) and (B), if the
Co-Issuers so request or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Co-Issuers to the effect that such exchange
or transfer is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

If any such transfer is effected pursuant to subparagraphs (A) or (B) above at a time when an Unrestricted Global Note has not yet been
issued, the Co-Issuers shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02, the Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate
principal amount equal to the aggregate principal amount of beneficial interests transferred pursuant to subparagraph (D) above. 

Beneficial interests in an Unrestricted Global Note cannot be exchanged for, or transferred to Persons who take delivery thereof in the form
of, a beneficial interest in a Restricted Global Note. 
 (d) Transfer or Exchange of Beneficial Interests for Definitive
Notes. 
 (1) Beneficial Interests in Restricted Global Notes to Restricted Definitive Notes. If any holder of a
beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for a Restricted Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the form of a Restricted Definitive
Note, then, upon receipt by the Registrar of the following documentation: 

  
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 (A) if the holder of such beneficial interest in a Restricted Global Note
proposes to exchange such beneficial interest for a Restricted Definitive Note, a certificate from such holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(a) thereof; 

(B) if such beneficial interest is being transferred to a QIB in accordance with Rule 144A, a certificate to the effect set
forth in Exhibit B hereto, including the certifications in item (1) thereof; 
 (C) if such beneficial interest is being
transferred to a non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item
(2) thereof; 
 (D) if such beneficial interest is being transferred pursuant to an exemption from the registration
requirements of the Securities Act in accordance with Rule 144, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(a) thereof; 

(E) if such beneficial interest is being transferred to the Parent Guarantor or any of its Subsidiaries, a certificate to the
effect set forth in Exhibit B hereto, including the certifications in item (3)(b) thereof; or 
 (F) if such beneficial
interest is being transferred pursuant to an effective registration statement under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(c) thereof, 

the Trustee shall cause the aggregate principal amount of the applicable Global Note to be reduced accordingly pursuant to
Section 2.06(g), and the Co-Issuers shall execute and the Trustee shall, upon receipt of an Authentication Order, authenticate and deliver to the Person designated in the instructions a Definitive Note in
the appropriate principal amount. Any Definitive Note issued in exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(d) shall be registered in such name or names and in such authorized denomination or
denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from the Depositary and the Participant or Indirect Participant. The Trustee shall deliver such Definitive Notes to the Persons in whose names
such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest in a Restricted Global Note pursuant to this Section 2.06(d)(1) (except transfer pursuant to clause (F) above) shall bear the Private Placement
Legend and the Regulation S Temporary Global Note Legend, as applicable, and shall be subject to all restrictions on transfer contained therein. 

(2) Beneficial Interests in Regulation S Temporary Global Note to Definitive Notes. Notwithstanding Sections
2.06(d)(1)(A) and 2.06(d)(1)(C), a beneficial interest in the Regulation S Temporary Global Note may not be exchanged for a Definitive Note or transferred to a Person who takes delivery thereof in the form of a Definitive Note prior to (A) the
expiration of the Restricted Period and (B) the receipt by the Trustee, as applicable, of the certificates required pursuant to Section 2.01(c), except in the case of a transfer pursuant to an exemption from the registration requirements
of the Securities Act other than Rule 903 or Rule 904. 
 (3) Beneficial Interest in Restricted Global Notes to
Unrestricted Definitive Notes. A holder of a beneficial interest in a Restricted Global Note may exchange such beneficial interest for an Unrestricted Definitive Note or may transfer such beneficial interest to a Person who takes delivery
thereof in the form of an Unrestricted Definitive Note only if the Registrar receives the following: (i) if the holder of such beneficial interest in a Restricted Global Note proposes to exchange such beneficial interest for an Unrestricted
Definitive Note, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (1)(b) thereof, or (ii) if the Holder of such beneficial interest in a Restricted Global Note proposes to
transfer such beneficial interest to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit B hereto, including the certifications in item (4) thereof; and,
in each case, if the Co-Issuers so request or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Parent Guarantor to the effect that such exchange or transfer
is in compliance with the Securities Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

  
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 (4) Beneficial Interests in Unrestricted Global Notes to Unrestricted
Definitive Notes. If any holder of a beneficial interest in an Unrestricted Global Note proposes to exchange such beneficial interest for a Definitive Note or to transfer such beneficial interest to a Person who takes delivery thereof in the
form of a Definitive Note, then, upon the occurrence of any of the events in clauses (A) and (B) of Section 2.06(a) and satisfaction of the conditions set forth in Section 2.06(c)(2), the Trustee shall cause the aggregate principal
amount of the applicable Global Note to be reduced accordingly pursuant to Section 2.06(g), and the Co-Issuers shall execute and the Trustee shall, upon receipt of an Authentication Order, authenticate
and send to the Person designated in the instructions a Definitive Note in the applicable principal amount. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(d)(4) shall be registered in such name or
names and in such authorized denomination or denominations as the holder of such beneficial interest shall instruct the Registrar through instructions from or through the Depositary and the Participant or Indirect Participant. The Trustee shall send
such Definitive Notes to the Persons in whose names such Notes are so registered. Any Definitive Note issued in exchange for a beneficial interest pursuant to this Section 2.06(d)(4) shall not bear the Private Placement Legend. 

(e) Transfer and Exchange of Definitive Notes for Beneficial Interests. 

(1) Restricted Definitive Notes to Beneficial Interests in Restricted Global Notes. If any Holder of a Restricted
Definitive Note proposes to exchange such Note for a beneficial interest in a Restricted Global Note or to transfer such Restricted Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in a Restricted Global
Note, then, upon receipt by the Registrar of the following documentation: 
 (A) if the Holder of such Restricted Definitive
Note proposes to exchange such Note for a beneficial interest in a Restricted Global Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications in item (1)(b) thereof; 

(B) if such Restricted Definitive Note is being transferred to a QIB in accordance with Rule 144A, a certificate to the effect
set forth in Exhibit B hereto, including the certifications in item(1) thereof; 
 (C) if such Restricted Definitive Note is
being transferred to a non-U.S. Person in an offshore transaction in accordance with Rule 903 or Rule 904, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item
(2) thereof; 
 (D) if such Restricted Definitive Note is being transferred pursuant to an exemption from the
registration requirements of the Securities Act in accordance with Rule 144, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(a) thereof; 

(E) if such Restricted Definitive Note is being transferred to the Parent Guarantor or any of its Subsidiaries, a certificate
to the effect set forth in Exhibit B hereto, including the certifications in item (3)(b) thereof; or 
 (F) if such
Restricted Definitive Note is being transferred pursuant to an effective registration statement under the Securities Act, a certificate to the effect set forth in Exhibit B hereto, including the certifications in item (3)(c) thereof, 

the Trustee, as applicable, will cancel the Restricted Definitive Note, increase or cause to be increased Trustee the aggregate principal
amount of, in the case of clause (A) above, the appropriate Restricted Global Note, in the case of clause (B) above, the 144A Global Note, and in the case of clause (C) above, the Regulation S Global Note. 

  
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 (2) Restricted Definitive Notes to Beneficial Interests in Unrestricted
Global Notes. A Holder of a Restricted Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Restricted Definitive Note to a Person who takes delivery thereof in the form of a beneficial
interest in an Unrestricted Global Note only if the Registrar receives the following: 
 (A) if the Holder of such Definitive
Notes proposes to exchange such Notes for a beneficial interest in the Unrestricted Global Note, a certificate from such Holder substantially in the form of Exhibit C hereto, including the certifications in item (2)(c) thereof; or 

(B) if the Holder of such Definitive Notes proposes to transfer such Notes to a Person who shall take delivery thereof in the
form of a beneficial interest in the Unrestricted Global Note, a certificate from such Holder substantially in the form of Exhibit B hereto, including the certifications in item (4) thereof; 

and, in each such case set forth in subparagraphs (A) and (B), if the Registrar or the Co-Issuers
so request or if the Applicable Procedures so require, an Opinion of Counsel in form reasonably acceptable to the Co-Issuers to the effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

Upon satisfaction of the conditions of any of the subparagraphs in this Section 2.06(e)(2), the Trustee shall cancel the
Restricted Definitive Note and increase or cause to be increased the aggregate principal amount of the Unrestricted Global Note. 

(3) Unrestricted Definitive Notes to Beneficial Interests in Unrestricted Global Notes. A Holder of an Unrestricted
Definitive Note may exchange such Note for a beneficial interest in an Unrestricted Global Note or transfer such Definitive Notes to a Person who takes delivery thereof in the form of a beneficial interest in an Unrestricted Global Note at any time.
Upon receipt of a request for such an exchange or transfer, the Trustee shall cancel the applicable Unrestricted Definitive Note and increase or cause to be increased the aggregate principal amount of one of the Unrestricted Global Notes. 

If any such exchange or transfer from a Definitive Note to a beneficial interest is effected pursuant to subparagraphs
(2) or (3) above at a time when an Unrestricted Global Note has not yet been issued, the Co-Issuers shall issue and, upon receipt of an Authentication Order in accordance with Section 2.02, the
Trustee shall authenticate one or more Unrestricted Global Notes in an aggregate principal amount equal to the principal amount of Definitive Notes so transferred. 

(f) Transfer and Exchange of Definitive Notes for Definitive Notes. Upon request by a Holder of Definitive Notes and
such Holder’s compliance with the provisions of this Section 2.06(f), the Registrar will register the transfer or exchange of Definitive Notes. Prior to such registration of transfer or exchange, the requesting Holder must present or
surrender to the Registrar the Definitive Notes duly endorsed or accompanied by a written instruction of transfer in form satisfactory to the Registrar duly executed by such Holder or by its attorney, duly authorized in writing. In addition, the
requesting Holder must provide any additional certifications, documents and information, as applicable, required pursuant to the following provisions of this Section 2.06(f). 

(1) Restricted Definitive Notes to Restricted Definitive Notes. Any Restricted Definitive Note may be transferred to and
registered in the name of Persons who take delivery thereof in the form of a Restricted Definitive Note if the Registrar receives the following: 

(A) if the transfer will be made to a QIB in accordance with Rule 144A, then the transferor must deliver a certificate
substantially in the form of Exhibit B hereto, including the certifications in item (1) thereof; 

  
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 (B) if the transfer will be made pursuant to Rule 903 or Rule 904, then the
transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications in item (2) thereof; and 

(C) if the transfer will be made pursuant to any other exemption from the registration requirements of the Securities Act, then
the transferor must deliver a certificate in the form of Exhibit B hereto, including the certifications and certificates required by item (3) thereof, if applicable. 

(2) Restricted Definitive Notes to Unrestricted Definitive Notes. Any Restricted Definitive Note may be exchanged by the
Holder thereof for an Unrestricted Definitive Note or transferred to a Person or Persons who take delivery thereof in the form of an Unrestricted Definitive Note if (i) the Holder of such Restricted Definitive Note proposes to exchange such
Notes for an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit C hereto, including the certifications in item (2)(d) thereof; or (ii) the Holder of such Restricted Definitive Notes proposes to transfer such
Notes to a Person who shall take delivery thereof in the form of an Unrestricted Definitive Note, a certificate from such Holder in the form of Exhibit B hereto, including the certifications in item (4) thereof, and in each case, if the Co-Issuers so request, an Opinion of Counsel in form reasonably acceptable to the Co-Issuers to the effect that such exchange or transfer is in compliance with the Securities
Act and that the restrictions on transfer contained herein and in the Private Placement Legend are no longer required in order to maintain compliance with the Securities Act. 

(3) Unrestricted Definitive Notes to Unrestricted Definitive Notes. A Holder of Unrestricted Definitive Notes may
transfer such Notes to a Person who takes delivery thereof in the form of an Unrestricted Definitive Note. Upon receipt of a request to register such a transfer, the Registrar shall register the Unrestricted Definitive Notes pursuant to the
instructions from the Holder thereof. 
 (g) Legends. The following legends will appear on the face of all Global
Notes and Definitive Notes issued under this Indenture unless specifically stated otherwise in the applicable provisions of this Indenture. 

(1) Private Placement Legend. 

(A) Except as permitted by subparagraph (B) below, each Global Note and each Definitive Note (and all Notes issued in
exchange therefor or substitution thereof) shall bear the legend in substantially the following form (the “Private Placement Legend”): 

“THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR THE SECURITIES
LAWS OF ANY STATE OR OTHER JURISDICTION. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH
TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, SUCH REGISTRATION. THE HOLDER OF THIS SECURITY, BY ITS ACCEPTANCE HEREOF, AGREES ON ITS OWN BEHALF AND ON BEHALF OF ANY INVESTOR ACCOUNT FOR WHICH IT HAS PURCHASED SECURITIES, TO OFFER, SELL OR
OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE RESTRICTION TERMINATION DATE”) THAT IS [IN THE CASE OF RULE 144A NOTES: ONE YEAR AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF, THE ORIGINAL ISSUE DATE OF THE ISSUANCE OF
ANY ADDITIONAL NOTES AND THE LAST DATE ON WHICH ANY CO-ISSUER OR ANY AFFILIATE OF A CO-ISSUER WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY),] [IN
THE CASE OF REGULATION S NOTES: 40 DAYS AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF AND THE DATE ON WHICH THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY) WAS FIRST OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN RULE 902 OF
REGULATION S) IN RELIANCE ON REGULATION S], ONLY (A) A CO-ISSUER OR ANY SUBSIDIARY THEREOF, (B) 

  
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PURSUANT TO A REGISTRATION STATEMENT THAT HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A UNDER THE
SECURITIES ACT (“RULE 144A”), TO A PERSON IT REASONABLY BELIEVES IS A “QUALIFIED INSTITUTIONAL BUYER” AS DEFINED IN RULE 144A THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE
IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) PURSUANT TO OFFERS AND SALES TO NON-U.S. PERSONS THAT OCCUR OUTSIDE THE UNITED STATES WITHIN THE MEANING OF REGULATION S UNDER THE
SECURITIES ACT OR (E) PURSUANT TO ANOTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT, SUBJECT TO THE CO-ISSUERS’ AND THE TRUSTEE’S RIGHT PRIOR TO ANY SUCH
OFFER, SALE OR TRANSFER PURSUANT TO CLAUSES (C), (D) OR (E) TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL, CERTIFICATION AND/ OR OTHER INFORMATION SATISFACTORY TO EACH OF THEM. [IN THE CASE OF REGULATION S NOTES: BY ITS ACQUISITION HEREOF,
THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S. PERSON NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT.] 

BY ACQUIRING THIS NOTE OR ANY INTEREST THEREIN, EACH HOLDER IS DEEMED TO REPRESENT AND WARRANT THAT EITHER (A) NO PORTION OF THE ASSETS
USED BY SUCH HOLDER TO ACQUIRE OR HOLD THE NOTES CONSTITUTES ASSETS OF AN EMPLOYEE BENEFIT PLAN THAT IS SUBJECT TO TITLE I OF THE U.S. EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED (“ERISA”), OF A PLAN, INDIVIDUAL RETIREMENT
ACCOUNT OR OTHER ARRANGEMENT THAT IS SUBJECT TO SECTION 4975 OF THE U.S. INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE “CODE”), OR PROVISIONS UNDER ANY OTHER FEDERAL, STATE, LOCAL, NON-U.S. OR OTHER
LAWS OR REGULATIONS THAT ARE SIMILAR TO TITLE I OF ERISA OR SECTION 4975 OF THE CODE (“SIMILAR LAWS”), OR OF AN ENTITY WHOSE UNDERLYING ASSETS ARE CONSIDERED TO INCLUDE “PLAN ASSETS” OF ANY SUCH PLAN, ACCOUNT OR ARRANGEMENT OR
(B) THE ACQUISITION AND HOLDING OF THE NOTES BY SUCH HOLDER WILL NOT CONSTITUTE A NON-EXEMPT PROHIBITED TRANSACTION UNDER SECTION 406 OF ERISA OR SECTION 4975 OF THE CODE OR A SIMILAR VIOLATION UNDER ANY
APPLICABLE SIMILAR LAWS.” 
 (B) Notwithstanding the foregoing, any Global Note or Definitive Note issued pursuant to
subparagraphs (c)(4), (d)(3), (d)(4), (e)(2), (e)(3), (f)(2) or (f)(3) of this Section 2.06 (and all Notes issued in exchange therefor or substitution thereof) shall not bear the Private Placement Legend. 

(2) Global Note Legend. Each Global Note will bear a legend in substantially the following form (the “Global
Note Legend”): 
 “THIS GLOBAL NOTE IS HELD BY OR ON BEHALF OF THE DEPOSITARY (AS DEFINED IN THE INDENTURE GOVERNING THIS NOTE)
OR ITS NOMINEE IN CUSTODY FOR THE BENEFIT OF THE BENEFICIAL OWNERS HEREOF, AND IS NOT TRANSFERABLE TO ANY PERSON UNDER ANY CIRCUMSTANCES EXCEPT THAT (1) THE TRUSTEE MAY MAKE SUCH NOTATIONS HEREON AS MAY BE REQUIRED PURSUANT TO SECTION 2.06 OF
THE INDENTURE, (2) THIS GLOBAL NOTE MAY BE EXCHANGED IN WHOLE BUT NOT IN PART PURSUANT TO SECTION 2.06(a) OF THE INDENTURE, (3) THIS GLOBAL NOTE MAY BE DELIVERED TO THE TRUSTEE FOR CANCELLATION PURSUANT TO SECTION 2.11 OF THE INDENTURE AND
(4) THIS GLOBAL NOTE MAY BE TRANSFERRED TO A SUCCESSOR DEPOSITARY WITH THE PRIOR WRITTEN CONSENT OF THE CO-ISSUERS. 

  
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 UNLESS AND UNTIL IT IS EXCHANGED IN WHOLE OR IN PART FOR NOTES IN DEFINITIVE FORM, THIS NOTE
MAY NOT BE TRANSFERRED EXCEPT AS A WHOLE BY THE DEPOSITARY TO A NOMINEE OF THE DEPOSITARY OR BY A NOMINEE OF THE DEPOSITARY TO THE DEPOSITARY OR ANOTHER NOMINEE OF THE DEPOSITARY OR BY THE DEPOSITARY OR ANY SUCH NOMINEE TO A SUCCESSOR DEPOSITARY OR
A NOMINEE OF SUCH SUCCESSOR DEPOSITARY. UNLESS THIS CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY (55 WATER STREET, NEW YORK, NEW YORK (“DTC”), TO THE
CO-ISSUERS OR THEIR AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS REGISTERED IN THE NAME OF CEDE & CO. OR SUCH OTHER NAME AS MAY BE REQUESTED BY AN AUTHORIZED
REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR SUCH OTHER ENTITY AS MAY BE REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL
INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS AN INTEREST HEREIN.” 
 (3) Regulation S Temporary
Global Note Legend. In addition to the Private Placement Legend and the Tax Legend (if applicable), the Regulation S Temporary Global Note will bear a legend in substantially the following form (the “Regulation S Temporary Global Note
Legend”): 
 THIS NOTE (OR ITS PREDECESSOR) WAS ORIGINALLY ISSUED IN A TRANSACTION ORIGINALLY EXEMPT FROM REGISTRATION UNDER THE
U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE TRANSFERRED IN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, ANY U.S. PERSON EXCEPT PURSUANT TO AN AVAILABLE EXEMPTION FROM THE REGISTRATION
REQUIREMENTS OF THE SECURITIES ACT AND ALL APPLICABLE STATE SECURITIES LAWS. TERMS USED ABOVE HAVE THE MEANINGS GIVEN TO THEM IN REGULATION S UNDER THE SECURITIES ACT. BY ITS ACQUISITION HEREOF, THE HOLDER HEREOF REPRESENTS THAT IT IS NOT A U.S.
PERSON NOR IS IT PURCHASING FOR THE ACCOUNT OF A U.S. PERSON AND IS ACQUIRING THIS SECURITY IN AN OFFSHORE TRANSACTION IN ACCORDANCE WITH REGULATION S UNDER THE SECURITIES ACT. 

(h) Cancellation and/or Adjustment of Global Notes. At such time as all beneficial interests in a particular Global Note
have been exchanged for Definitive Notes or a particular Global Note has been redeemed, repurchased or canceled in whole and not in part, each such Global Note will be returned to or retained and canceled by the Trustee in accordance with
Section 2.11. At any time prior to such cancellation, if any beneficial interest in a Global Note is exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note or for
Definitive Notes, the principal amount of Notes represented by such Global Note will be reduced accordingly and an endorsement will be made on such Global Note by the Trustee or by the Custodian at the direction of the Trustee to reflect such
reduction; and if the beneficial interest is being exchanged for or transferred to a Person who will take delivery thereof in the form of a beneficial interest in another Global Note, such other Global Note will be increased accordingly and an
endorsement will be made on such Global Note by the Trustee or by the Custodian at the direction of the Trustee to reflect such increase. 

(i) General Provisions Relating to Transfers and Exchanges. 

(1) To permit registrations of transfers and exchanges, the Co-Issuers will execute and
the Trustee will authenticate Global Notes and Definitive Notes upon receipt of an Authentication Order in accordance with Section 2.02 or at the Registrar’s request. 

(2) No service charge will be made to a Holder of a beneficial interest in a Global Note or to a Holder of a Definitive Note
for any registration of transfer or exchange, but the Co-Issuers may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other than any
such transfer taxes or similar governmental charge payable upon exchange or transfer pursuant to Sections 2.10, 3.06, 3.09, 4.10, 4.13 and 9.05). 

  
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 (3) All Global Notes and Definitive Notes issued upon any registration of
transfer or exchange of Global Notes or Definitive Notes will be the valid obligations of the Co-Issuers, evidencing the same debt, and entitled to the same benefits under this Indenture, as the Global Notes
or Definitive Notes surrendered upon such registration of transfer or exchange. 
 (4) Neither the Registrar nor the Co-Issuers will be required: 
 (A) to issue, to register the transfer of, or to exchange
any Notes during a period beginning at the opening of business 15 days before the day of any selection of Notes for redemption under Section 3.02 and ending at the close of business on the day of selection; 

(B) to register the transfer of or to exchange any Note selected for redemption in whole or in part, except the unredeemed
portion of any Note being redeemed in part; 
 (C) to register the transfer of or to exchange a Note between a record date
and the next succeeding Interest Payment Date; or 
 (D) to register the transfer of or to exchange any Notes tendered (and
not withdrawn) for repurchase in connection with a Change of Control Offer or an Asset Sale Offer. 
 (5) Prior to due
presentment for the registration of a transfer of any Note, the Trustee, any Agent and the Co-Issuers may deem and treat the Person in whose name any Note is registered as the absolute owner of such Note for
the purpose of receiving payment of principal of and (subject to the record date provisions of the Notes) interest on such Notes and for all other purposes, and none of the Trustee, any Agent or the Co-Issuers
shall be affected by notice to the contrary. 
 (6) The Trustee will authenticate Global Notes and Definitive Notes in
accordance with the provisions of Section 2.02. 
 (7) All certifications, certificates and Opinions of Counsel required
to be submitted to the Registrar pursuant to this Section 2.06 to effect a registration of transfer or exchange may be submitted by facsimile. 

(8) The Registrar, Transfer Agent and Trustee shall have no obligation or duty to monitor, determine or inquire as to
compliance with any restrictions on transfer imposed under this Indenture or under applicable law with respect to any transfer of any interest in any Note (including any transfers between or among Depositary participants or beneficial owners of
interests in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly required by, and to do so if and when expressly required by the terms of, this Indenture, and to examine the same
to determine substantial compliance as to form with the express requirements hereof. 
 (9) Neither the Trustee nor any Agent
shall have any responsibility for any actions taken or not taken by the Depositary or with respect to the accuracy of the records of the Depositary or its nominee or of any participant or member thereof. 

Section 2.07 Replacement Notes. 
 If
any mutilated Note is surrendered to the Trustee and the Trustee receives evidence to its satisfaction of the destruction, loss or theft of any Note, the Co-Issuers will issue and the Trustee, upon receipt of
an Authentication Order, will authenticate a replacement Note if the Trustee’s requirements are met. If required by the Trustee or the Co-Issuers, an indemnity bond must be supplied by the Holder that is
sufficient in the judgment of the Trustee and the Co-Issuers to protect the Co-Issuers, the Trustee, any Agent and any authenticating agent from any loss that any of
them may suffer if a Note is replaced. The Co-Issuers may charge for its expenses in replacing a Note. 

  
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 In case any such mutilated, destroyed, lost, or stolen Note has become due and payable, the Co-Issuers in their sole discretion may, instead of issuing a new Note, pay such Note. 
 Upon the
issuance of any new Note under this Section 2.07, the Co-Issuers may require the payment of a sum sufficient to cover any tax, assessment, fee or other governmental charge that may be imposed in
relation thereto and any other expenses (including the fees and expenses of the Trustee) connected therewith. 
 Every new Note issued
pursuant to this Section 2.07 in exchange for any mutilated Note or in lieu of any destroyed, lost, or stolen Note will constitute an original additional contractual obligation of the Parent Guarantor, whether or not the mutilated,
destroyed, lost, or stolen Note shall be at any time enforceable by anyone, and will be entitled to all the benefits of this Indenture equally and proportionately with any and all other Notes duly issued hereunder. 

The provisions of this Section 2.07 are exclusive and will preclude (to the extent lawful) all other rights and remedies with
respect to the replacement or payment of mutilated, destroyed, lost, or stolen Notes. 
 Section 2.08 Outstanding Notes. 

The Notes outstanding at any time are all the Notes authenticated by the Trustee except for those canceled by it, those delivered to the Co-Issuers for cancellation, those reductions in the interest in a Global Note effected by the Trustee in accordance with the provisions hereof, and those described in this Section 2.08 as not outstanding.
Except as set forth in Section 2.09, a Note does not cease to be outstanding because the Co-Issuers or an Affiliate of the Co-Issuers holds the Note. 

If a Note is replaced pursuant to Section 2.07, it ceases to be outstanding unless the Trustee receives proof satisfactory to it that the
replaced Note is held by a bona fide purchaser. 
 If the principal amount of any Note is considered paid under Section 4.01, it ceases
to be outstanding and interest on it ceases to accrue. 
 If the Paying Agent (other than the Parent Guarantor, a Subsidiary or an Affiliate
of any thereof) holds, on a redemption date or maturity date, money sufficient to pay Notes payable on that date, then on and after that date such Notes will be deemed to be no longer outstanding and will cease to accrue interest. 

Section 2.09 Treasury Notes. 
 In
determining whether the Holders of the required principal amount of Notes have concurred in any direction, waiver or consent, Notes owned by the Co-Issuers, the Parent Guarantor or any other Guarantor, or by
any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Parent Guarantor or any other Guarantor, will be considered as though not outstanding, except that for the purposes of determining
whether the Trustee will be protected in relying on any such direction, waiver or consent, only Notes with respect to which a Responsible Officer of the Trustee has received written notice as being so owned at the Corporate Trust Office of the
Trustee will be so disregarded. 
 Section 2.10 Temporary Notes. 

Until certificates representing Notes are ready for delivery, the Co-Issuers may prepare and the
Trustee, upon receipt of an Authentication Order, will authenticate temporary Notes. Temporary Notes will be substantially in the form of certificated Notes but may have variations that the Parent Guarantor considers appropriate for temporary Notes
and as may be reasonably acceptable to the Trustee. Without unreasonable delay, the Co-Issuers will prepare and the Trustee will authenticate Definitive Notes in exchange for temporary Notes upon receipt of an
Authentication Order. Holders of temporary Notes will be entitled to all of the benefits of this Indenture. 

  
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 Section 2.11 Cancellation. 

The Co-Issuers at any time may deliver Notes to the Trustee for cancellation. The Registrar and Paying
Agent and any Transfer Agent will forward to the Trustee for cancellation any Notes surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else will cancel all Notes surrendered for registration of transfer,
exchange, payment, replacement or cancellation and will dispose of cancelled Notes in accordance with its customary procedures (subject to the record retention requirements of the Exchange Act). Certification of the disposition of all canceled Notes
will be delivered to the Co-Issuers. The Co-Issuers may not issue new Notes to replace Notes that it has paid or that have been delivered to the Trustee for cancellation. 

Section 2.12 Defaulted Interest. 
 If
the Co-Issuers default in a payment of interest on the Notes, the Co-Issuers will pay the defaulted interest in any lawful manner plus, to the extent lawful, interest
payable on the defaulted interest, to the Persons who are Holders on a subsequent special record date, in each case at the rate provided in the Notes and in Section 4.01; provided that if the
Co-Issuers pay the defaulted interest prior to the date that is 30 days after the date of default in payment of interest, payment shall be to the record-holders of the Notes as of the original record date. The
Co-Issuers will notify the Trustee in writing of the amount of defaulted interest proposed to be paid on each Note and the date of the proposed payment. If such default in interest continues for 30
days, the Co-Issuers will fix or cause to be fixed each such special record date and payment date; provided that no such special record date may be less than 10 days prior to the related payment
date for such defaulted interest. At least 15 days before the special record date, the Co-Issuers (or, upon the written request of the Co-Issuers, the Trustee in the
name and at the expense of the Co-Issuers) will send or cause to be sent to Holders a notice that states the special record date, the related payment date and the amount of such interest to be paid. 

Section 2.13 CUSIP, ISIN, Common Code Numbers. 

The Co-Issuers in issuing the Notes may use CUSIP, ISIN and “Common Code” numbers (if then
generally in use) and, if so, the Trustee shall use CUSIP, ISIN and “Common Code” numbers in notices of redemption as a convenience to Holders; provided, that any such notice may state that no representation is made as to the
correctness of such numbers either as printed on the Notes or as contained in any notice of redemption and that reliance may be placed only on the other identification numbers printed on the Notes, and any such redemption shall not be affected by
any defect in or omission of such numbers. The Co-Issuers will as promptly as practicable notify the Trustee in writing of any change in CUSIP, ISIN and “Common Code” numbers. 

ARTICLE 3 
 REDEMPTION AND
PREPAYMENT 
 Section 3.01 Notices to Trustee. 

If the Co-Issuers elect to redeem the Notes pursuant to Section 3.07 and/or paragraph 5 of such
Note, it shall furnish to the Trustee, at least two Business Days (unless the Trustee agree to a shorter period) before notice of redemption is required to be delivered to Holders pursuant to Section 3.03, an Officer’s Certificate setting
forth (i) the paragraph or subparagraph of such Note and/or Section of this Indenture pursuant to which the redemption shall occur, (ii) the date of redemption (the “Redemption Date”), (iii) the principal amount of the Notes to
be redeemed and (iv) the redemption price. 
 Section 3.02 Selection of Notes to Be Redeemed or Purchased. 

If less than all of the Notes are to be redeemed at any time, the Trustee will select the Notes for redemption in compliance with the
requirements of the principal securities exchange, if any, on which the Notes are listed, as certified to the Trustee by the Co-Issuers, and in compliance with the requirements of DTC, or if the Notes are not
so listed or such exchange prescribes no method of selection and the Notes are not held through DTC or DTC prescribes no method of selection, the Trustee will select on a pro rata basis, subject to adjustments so that no Note in an unauthorized
denomination remains outstanding after such redemption; provided, however, that no Note of $2,000 in an aggregate principal amount or less shall be redeemed in part. 

  
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 Section 3.03 Notice of Redemption. 

(a) Subject to the provisions of Section 3.09, at least 10 days but not more than 60 days before a redemption date, the Co-Issuers will mail or cause to be mailed, by first class mail (or with respect to Global Notes, to the extent permitted or required by the Depositary’s Applicable Procedures, send electronically), a notice of
redemption to each Holder whose Notes are to be redeemed at its registered address, except that redemption notices may be mailed or sent more than 60 days prior to a redemption date if the notice is issued in connection with a defeasance of the
Notes or a satisfaction and discharge of this Indenture pursuant to Articles 8 or 11. 
 (b) The notice will identify the
Notes to be redeemed and will state: 
 (1) the redemption date; 

(2) the redemption price, or if not then ascertainable, the manner of calculation thereof; 

(3) if any Note is being redeemed in part, the notice of redemption that relates to that Note will state the portion of the
principal amount of such Note that is to be redeemed. A new Note in principal amount equal to the unredeemed portion of the original Note will be issued in the name of the Holder of the Notes upon cancellation of the original Note (or transferred by
book entry). In the case of a global note, an appropriate notation will be made on such Note (or otherwise in accordance with the procedures of DTC) to decrease the principal amount thereof to an amount equal to the unredeemed portion thereof. Notes
called for redemption become due on the date fixed for redemption, subject to the terms of the redemption notice (including any conditions precedent as described below). Unless the Co-Issuers default in the
payment of the redemption price on and after the redemption date, interest will cease to accrue on the Notes or portions of the Notes called for redemption; 

(4) the name and address of the Paying Agent; 

(5) that Notes called for redemption must be surrendered to the Paying Agent to collect the redemption price; 

(6) that, unless the Co-Issuers default in making such redemption payment, interest on
Notes called for redemption ceases to accrue on and after the redemption date; 
 (7) the paragraph of the Notes and/or
Section of this Indenture pursuant to which the Notes called for redemption are being redeemed; 
 (8) that no representation
is made as to the correctness or accuracy of the CUSIP, Common Code or ISIN numbers, if any, listed in such notice or printed on the Notes; and 

(9) if the redemption is conditional, the one or more conditions precedent and that the Parent Guarantor may delay the
redemption in its discretion until such time as the condition or conditions are satisfied or waived. 
 (c) At the Co-Issuers’ request, the Trustee will give the notice of redemption in the Co-Issuers’ name and at the Co-Issuers’
expense; provided, however, that the Co-Issuers have delivered to the Trustee at least an Officer’s Certificate requesting that the Trustee give such notice and setting forth the
information to be stated in such notice as provided in the preceding paragraph (which may be the same Officer’s Certificate delivered pursuant to Section 3.01).  

  
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 (d) Notice of any redemption, whether in connection with an Equity Offering,
Change of Control, Asset Sale or other transaction or event, may, at the Co-Issuers’ discretion, be given prior to the completion thereof, and any such redemption or notice may, at the Co-Issuers’ discretion, be subject to one or more conditions precedent, including, but not limited to, completion of the related Equity Offering, Change of Control, Asset Sale or other transaction or event. The
Co-Issuers may redeem Notes pursuant to one or more of the relevant provisions of this Indenture, and a single notice of redemption may be delivered with respect to redemptions made pursuant to different
provisions. In addition, if such redemption is subject to satisfaction of one or more conditions precedent, such notice of redemption shall describe each such condition, and if applicable, shall state that, in the
Co-Issuers’ discretion, the redemption date may be delayed until such time (including more than 60 days after the date the notice of redemption was mailed or delivered) as any or all such conditions shall
be satisfied (or waived by the Co-Issuers in their sole discretion), or such redemption may not occur and such notice may be rescinded in the event that any or all such conditions shall not have been satisfied
(or waived by the Co-Issuers in their sole discretion) by the redemption date as stated in such notice, or by the redemption date as so delayed or that such notice may be rescinded at any time in the Co-Issuers’ discretion if the Co-Issuers determine that any or all of such conditions will not be satisfied. The Co-Issuers may
provide in such notice that payment of the redemption price and performance of the Co-Issuers’ obligations with respect to such redemption may be performed by another Person. 

Section 3.04 Effect of Notice of Redemption. 

Except as provided in Sections 3.03(d), 3.07(e) and 4.13(a)(8), once notice of redemption is mailed or transmitted in accordance with
Section 3.03, Notes called for redemption become irrevocably due and payable on the redemption date at the redemption price. The notice, if mailed or transmitted in a manner herein provided, shall be conclusively presumed to have been given
whether or not the Holder receives such notice. In any case, failure to give such notice by mail or by such other means as may be required hereby or any defect in the notice to the Holder of any Note designated for redemption in whole or in part
shall not affect the validity of the proceedings for the redemption of any other Note. Subject to Section 3.05, on and after the redemption date, interest will cease to accrue on the Notes or portion thereof called for redemption. 

Section 3.05 Deposit of Redemption or Purchase Price. 

Prior to 10:00 a.m. New York City time on the redemption date, the Co-Issuers will deposit with the
Trustee or with the Paying Agent money sufficient to pay the redemption price of, and accrued interest, if any, on, all Notes to be redeemed on that date. The Trustee or the Paying Agent will promptly return to the
Co-Issuers any money deposited with the Trustee or the Paying Agent by the Co-Issuers in excess of the amounts necessary to pay the redemption or purchase price of, and
accrued interest, if any, on, all Notes to be redeemed or purchased. 
 If the Co-Issuers comply
with the provisions of the preceding paragraph, on and after the redemption date, interest will cease to accrue on the Notes or the portions of Notes called for redemption. If any Note called for redemption is not so paid upon surrender for
redemption because of the failure of the Co-Issuers to comply with the preceding paragraph, interest shall be paid on the unpaid principal, from the redemption or purchase date until such principal is paid,
and to the extent lawful on any interest not paid on such unpaid principal, in each case at the rate provided in the Notes and in Section 4.01. 

Section 3.06 Notes Redeemed or Purchased in Part. 

Upon surrender of a Note that is redeemed or purchased in part, the Co-Issuers will issue, and upon
receipt of an Authentication Order, the Trustee will authenticate for the Holder at the expense of the Co-Issuers, a new Note equal in principal amount to the unredeemed or unpurchased portion of the Note
surrendered (or transfer such Note by book entry). It is understood that, notwithstanding anything in this Indenture to the contrary, only an Authentication Order and not an Opinion of Counsel or Officer’s Certificate is required for the
Trustee to authenticate such new Note. 

  
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 Section 3.07 Optional Redemption. 

(a) At any time prior to September 30, 2022, the Co-Issuers may on any one or more
occasions redeem up to 40% of the aggregate principal amount of Notes (calculated after giving effect to the issuance of any Additional Notes treated as the same class as the Initial Notes) issued under this Indenture at a redemption price equal to
106.375% of the principal amount of Notes redeemed, plus accrued and unpaid interest, if any, to but excluding, the date of redemption (subject to the right of Holders of Notes on a relevant record date to receive interest on an interest payment
date occurring on or prior to the redemption date), with the net cash proceeds of an Equity Offering; provided that: 

(1) at least 50% of the aggregate principal amount of Notes issued under this Indenture (including any Additional Notes treated
as the same class as the Initial Notes, but excluding Notes held by the Co-Issuers, any direct or indirect parent of a Co-Issuer or any of their Subsidiaries) remain
outstanding immediately after the occurrence of such redemption, unless all such Notes are redeemed substantially concurrently; and 

(2) the redemption occurs within 180 days of the date of the closing of such Equity Offering. 

(b) At any time prior to September 30, 2022, the Co-Issuers may on any one or
more occasions redeem all or a portion of the Notes at a redemption price equal to 100% of the principal amount of the Notes redeemed, plus the Applicable Premium as of, and accrued and unpaid interest to, but excluding, the date of redemption
(subject to the right of Holders of Notes on a relevant record date to receive interest due on an interest payment date occurring on or prior to the redemption date). 

(c) Except pursuant to Sections 3.07(a) and 3.07(b), the Notes will not be redeemable at the
Co-Issuers’ option prior to September 30, 2022. 
 (d) On or after
September 30, 2022, the Co-Issuers may on any one or more occasions redeem all or a portion of the Notes at the redemption prices (expressed as percentages of principal amount) set forth below, plus
accrued and unpaid interest, if any, on the Notes redeemed to, but excluding, the applicable date of redemption, if redeemed during the 12-month period beginning on September 30 of the years indicated
below (subject to the rights of Holders of Notes on a relevant record date to receive interest on an interest payment date occurring on or prior to the redemption date): 
  

					
	 Year
	  	Percentage	 
	 2022
	  	 	103.188	% 
	 2023
	  	 	101.594	% 
	 2024 and thereafter
	  	 	100.000	% 

 (e) In connection with any redemption of Notes (including with net cash proceeds of an Equity
Offering), any such redemption may, at the Co-Issuers’ discretion, be given prior to the completion of a transaction and be subject to one or more conditions precedent, including, but not limited to,
consummation of any related Equity Offering, consummation of a Change of Control or consummation of a refinancing of any Indebtedness. In addition, if such redemption or notice is subject to satisfaction of one or more conditions precedent, such
notice shall state that, in the Co-Issuers’ discretion, the redemption date may be delayed until such time (including more than 60 days after the date the notice of redemption was mailed or delivered,
including by electronic transmission) as any or all such conditions shall be satisfied (or waived by the Co-Issuers in their sole discretion), or such redemption may not occur and such notice may be rescinded
in the event that any or all such conditions shall not have been satisfied (or waived by the Co-Issuers in their sole discretion) by the redemption date, or by the redemption date so delayed. In addition, the Co-Issuers may provide in such notice that payment of the redemption price and performance of the Co- Issuers’ obligations with respect to such redemption may be performed by another Person. 

  
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 (f) If the optional redemption date is on or after a record date and on or
before the corresponding Interest Payment Date, the accrued and unpaid interest to, but excluding, the redemption date will be paid on the redemption date to the Holder in whose name the Note is registered at the close of business on such record
date in accordance with the applicable procedures of DTC, and no additional interest will be payable to Holders whose Notes will be subject to redemption by the Co-Issuers. 

(g) Notwithstanding the foregoing, in connection with any tender offer for the Notes, including a Change of Control Offer or
Asset Sale Offer, if Holders of not less than 90% in aggregate principal amount of the outstanding Notes validly tender and do not withdraw such Notes in such tender offer and the Co-Issuers, or any third
party making such tender offer in lieu of the Co-Issuers, purchase all of the Notes validly tendered and not withdrawn by such Holders, the Co-Issuers or such third
party will have the right upon not less than 10 nor more than 60 days’ prior notice, given not more than 30 days following such purchase date, to redeem all (but not less than all) Notes that remain outstanding following such purchase at a
redemption price equal to the price offered to each other Holder (excluding any early tender or incentive fee) in such tender offer plus, to the extent not included in the tender offer payment, accrued and unpaid interest, if any, thereon, to, but
excluding, the date of such redemption (subject to the right of Holders of Notes on a relevant record date to receive interest on an interest payment date occurring on or prior to the redemption date). In determining whether the Holders of at least
90% of the aggregate principal amount of the outstanding Notes have validly tendered and not validly withdrawn such Notes in a tender offer, including a Change of Control Offer or Asset Sale Offer, Notes owned by the
Co-Issuers or their Affiliates or by funds controlled or managed by any Affiliate of the Co-Issuers, or any successors thereof, shall be deemed to be outstanding for the
purposes of such tender offer. 
 (h) Unless the Co-Issuers default in the payment of
the redemption price, interest will cease to accrue on the Notes or portions thereof called for redemption on the applicable redemption date. 

Section 3.08 Mandatory Redemption. 

The Co-Issuers are not required to make mandatory redemption or sinking fund payments with respect to
the Notes. 
 Section 3.09 Offer to Purchase by Application of Excess Proceeds.  

(a) In the event that, pursuant to Section 4.10, the Co-Issuers are required to
commence an offer to all Holders to purchase Notes (an “Asset Sale Offer”), it will follow the procedures specified below. 

(b) The Asset Sale Offer will remain open for a period of at least 20 Business Days following its commencement and not more
than 30 Business Days, except to the extent that a longer period is required by applicable law (the “Offer Period”). Promptly after the termination of the Offer Period (the “Purchase Date”), the Co-Issuers will apply all Excess Proceeds (the “Offer Amount”) to the purchase of Notes and, if required, other pari passu Indebtedness in accordance with Section 4.10(c). Payment for
any Notes so purchased will be made in the same manner as principal and interest payments are made. 
 (c) If the Purchase
Date is on or after an interest record date and on or before the related Interest Payment Date, any accrued and unpaid interest will be paid to the Person in whose name a Note is registered at the close of business on such record date, and no
additional interest will be payable to Holders who tender Notes pursuant to the Asset Sale Offer. 
 (d) Upon the
commencement of an Asset Sale Offer, the Co-Issuers will send or cause to be sent, by first class mail (or with respect to Global Notes to the extent permitted or required by the Depositary’s Applicable
Procedures, send electronically), a notice to each of the Holders, with a copy to the Trustee. The notice will contain all instructions and materials necessary to enable such Holders to tender Notes pursuant to the Asset Sale Offer. The notice,
which will govern the terms of the Asset Sale Offer, will state: 
 (1) that the Asset Sale Offer is being made pursuant to
this Section 3.09 and Section 4.10 and the length of time the Asset Sale Offer will remain open; 

  
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 (2) the Offer Amount, the purchase price and the Purchase Date; 

(3) that any Note not tendered or accepted for payment will continue to accrue interest; 

(4) that, unless the Co-Issuers default in making such payment, any Note accepted for
payment pursuant to the Asset Sale Offer will cease to accrue interest after the Purchase Date; 
 (5) that Holders electing
to have a Note purchase pursuant to an Asset Sale Offer may elect to have Notes purchase in minimum denominations of $2,000 or an integral multiple of $1,000 in excess thereof; provided that any unpurchased portion of a Note must be in a
minimum denomination of $2,000; 
 (6) that Holders electing to have Notes purchased pursuant to any Asset Sale Offer will be
required to surrender the Note, with the form entitled “Option of Holder to Elect Purchase” attached to the Notes completed, or transfer the Note by book-entry transfer, to the Co-Issuers, a
depositary, if appointed by the Co-Issuers, or a Paying Agent at the address specified in the notice at least three Business Days before the Purchase Date; 

(7) that Holders will be entitled to withdraw their election if the Co-Issuers, the
Depositary or the Paying Agent, as the case may be, receives, not later than the expiration of the Offer Period (or the date otherwise set forth in the notice), a facsimile transmission or letter setting forth the name of the Holder, the principal
amount of the Note the Holder delivered for purchase and a statement that such Holder is withdrawing his election to have such Note purchased, or a withdrawal of the Note by book-entry transfer; 

(8) that, if the aggregate principal amount of Notes surrendered by Holders thereof and/or other First Lien Obligations or
Senior Indebtedness surrendered by holders or lenders thereof exceeds the Offer Amount, the Co-Issuers will select the Notes and/or other First Lien Obligations or Senior Indebtedness to be purchased on a
pro rata basis based on the principal amount of Notes and/or such other First Lien Obligations or Senior Indebtedness tendered or required to be prepaid or redeemed, and thereafter the Trustee will select the Notes to be purchased on a pro
rata basis (subject to the Depositary’s Applicable Procedures with respect to the Global Notes) based on the principal amount tendered (with, in each case, such adjustments as may be deemed appropriate by the
Co-Issuers or the Trustee, as applicable, so that only Notes in minimum denominations of $2,000, or an integral multiple of $1,000 in excess thereof, will be purchased; provided that any unpurchased
portion of a Note must be in a minimum denomination of $2,000); and 
 (9) that Holders whose Notes were purchased only in
part will be issued new Notes equal in principal amount to the unpurchased portion of the Notes surrendered (or transferred by book-entry transfer). 

(e) On or before the Purchase Date, the Co-Issuers will, to the extent lawful, accept
for payment (on a pro rata basis as described above), the Offer Amount of Notes or portions thereof tendered pursuant to the Asset Sale Offer, or if less than the Offer Amount has been tendered, all Notes tendered, and will deliver or cause
to be delivered to the Trustee the Notes properly accepted together with an Officer’s Certificate stating that such Notes or portions thereof were accepted for payment by the Co-Issuers in accordance with
the terms of this Section 3.09. The Co-Issuers, the depositary or the Paying Agent, as the case may be, will promptly mail or deliver to each tendering Holder an amount equal to the purchase price of the
Notes tendered by such Holder and accepted by the Co-Issuers for purchase, and the Co-Issuers will promptly issue a new Note, and the Trustee will, upon written request
from the Co-Issuers, authenticate and mail or deliver (or cause to be transferred by book entry) such new Note to such Holder, in a principal amount equal to any unpurchased portion of the Note surrendered.
Any Note not so accepted shall be promptly mailed or delivered by the Co-Issuers to the Holder thereof. The Co-Issuers will give notice in accordance with
Section 13.01 or post to the Secured System the results of the Asset Sale Offer on the Purchase Date. 

  
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 ARTICLE 4 

COVENANTS 
 Section 4.01 Payment of
Notes. 
 The Co-Issuers will pay or cause to be paid the principal of, premium on, if any, and
interest, if any, on, the Notes on the dates and in the manner provided in the Notes. Principal, premium, if any, and interest, if any, will be considered paid on the date due if the Paying Agent, if other than the
Co-Issuers or a Subsidiary of the Parent Guarantor, holds as of 10:00 a.m. New York City time on the due date money deposited by the Co-Issuers in immediately available
funds and designated for and sufficient to pay all principal, premium, if any, and interest, if any, then due. 
 The Co-Issuers will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue principal at a rate that is 1% higher than the then applicable interest rate on the Notes to the
extent lawful; it will pay interest (including post-petition interest in any proceeding under any Bankruptcy Law) on overdue installments of interest at the same stepped-up rate to the extent lawful. 

Section 4.02 Maintenance of Office or Agency. 

The Co-Issuers will maintain an office or agency (which may be an office of either of the
Trustee or an affiliate of either of the Trustee, Transfer Agent, Registrar or co-registrar) where Notes may be surrendered for registration of transfer or for exchange and where notices and demands to
or upon the Parent Guarantor in respect of the Notes and this Indenture may be served. The Co-Issuers will give prompt written notice to the Trustee of the location, and any change in the location, of such
office or agency. If at any time the Co-Issuers fail to maintain any such required office or agency or fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands
may be made or served at the Corporate Trust Office of either of the Trustee. 
 The Co-Issuers may
also from time to time designate one or more other offices or agencies where the Notes may be presented or surrendered for any or all such purposes and may from time to time rescind such designations. The
Co-Issuers will give prompt written notice to the Trustee of any such designation or rescission and of any change in the location of any such other office or agency. 

The Co-Issuers hereby designate the Corporate Trust Office of Ankura Trust Company, LLC as one such
office or agency of the Co-Issuers in accordance with Section 2.03. 
 Section 4.03 Reports.

 (a) So long as any Notes are outstanding, the Company will provide to the Trustee and, upon request, to Holders of Notes a
copy of all of the information and reports referred to below: 
 (1) within 120 days after the end of each fiscal year
(except with respect to the first fiscal year ended on December 31, 2020, in which case within 150 days after the end of such fiscal year) (or if such day is not a Business Day, on the next succeeding Business Day), annual audited consolidated
financial statements of the Company that may be prepared on a GAAP basis, a “Management’s Discussion and Analysis of Financial Condition and Results of Operations” with respect to the periods presented, and a report on the annual
audited consolidated financial statements by the Company’s independent accountants (but only to the extent similar information is presented in the Offering Memorandum, and all of the foregoing financial information to be prepared on a basis
substantially consistent with the corresponding financial information included in the Offering Memorandum); 
 (2) within 45
days after the end of each of the first three fiscal quarters of each fiscal year (except with respect to the first three fiscal quarters ended after the Issue Date, in which case, within 75 days after the end of such fiscal quarter) (or if such day
is not a Business Day, on the next succeeding Business Day), unaudited quarterly condensed consolidated interim financial statements of the Company that may be prepared on a GAAP basis, and a “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” with respect to the periods presented (but only to the extent similar information is presented in the Offering Memorandum, and all of the foregoing financial information to be prepared on a basis
substantially consistent with the corresponding financial information included in the Offering Memorandum); and 

  
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 (3) from and after the Issue Date, within 15 days (or if such day is not a
Business Day, on the next succeeding Business Day), occurrence of any of the following events, furnish a report describing the following events in sufficient detail: (a) the entry or termination of
non-ordinary course agreements that are material to Parent Guarantor, the Co-Issuers and their Restricted Subsidiaries, taken as a whole; (b) acquisitions or
dispositions that are material under GAAP standards; (c) bankruptcy of the Co-Issuers; (d) a change in the Company’s independent accountants; (e) the appointment or departure of directors,
the principal executive officer, principal financial officer and principal accounting officer; (f) the conclusion that financial statements, covering one or more years or interim periods for which the Company is required to provide under this
Indenture, can no longer be relied on by the Holders due to one or more material errors; and (g) any Change of Control Triggering Event or Permitted Change of Control; provided, however, that no such report will be required to be furnished if
the Company determines in its good faith judgment that such event is not material to Holders or the business, assets, operations, financial position or prospects of the Parent Guarantor, the Co-Issuers and
their Restricted Subsidiaries, taken as a whole; 
 provided, however, that the requirement to furnish any of the reports required pursuant to
clauses (1), (2) and (3) of this Section 4.03(a) may be satisfied by the posting of such reports within the time periods specified above on Intralinks or any comparable password protected online data system requiring user identification
and a confidentiality acknowledgement (the “Secured System”). In addition to providing such information to the Trustee, the Company will be required to make promptly available to the Holders, prospective investors, market makers
affiliated with any initial purchaser and securities analysts any password or other login information relating to the Secured System, and shall make readily and promptly available on an “Investor Relations” page on its external website
contact information for being provided access to the Secured System to any Holders, prospective investors, market makers affiliated with any initial purchaser and securities analysts and promptly comply with any such requests for access to the
Secured System to the extent provided for herein. 
 (b) Notwithstanding the foregoing, (a) such financial statements or
information may be prepared on an IFRS or GAAP basis, (b) no such report shall be required to provide any information that is not otherwise similar to information currently included in the Offering Memorandum, (c) in no event shall such
reports be required to include agreements or documents, except for agreements evidencing material Indebtedness (excluding any schedules and exhibits thereto), (d) such information will not be required to contain any “segment information,”
(e) such reports shall not be required to provide beneficial ownership information, (f) with respect to any historical financial statements of an acquired business and related pro forma information required under GAAP and relating to
transactions required to be reported pursuant to clause (3) above, such historical financial statements and pro forma information shall only be required to the extent and in the form available to the Company (as determined by the Company in
good faith), (g) no such report will be required to include any trade secrets or other confidential information that is competitively sensitive in the good faith and reasonable determination of the Company, (h) no such report will be required
to include earnings per share information, free cash flow and any other information customarily excluded from reports for 144A-for-life reporting companies (even if
contained in the Offering Memorandum), including any information that is not otherwise of the type and form currently included in the Offering Memorandum. 

(c) The Company will be deemed to have furnished such reports referred to above to the Trustee and the Holders of the Notes if
the Company, any direct or indirect parent of the Company or any Qualified Reporting Subsidiary (as defined below) has filed or furnished such reports via EDGAR, SEDAR or a successor filing system and such reports are publicly available. 

(d) For so long as the Parent Guarantor or the Co-Issuers have designated certain of
their Subsidiaries as Unrestricted Subsidiaries, unless the Company determines in its good faith judgment that such presentation is not material to the Holders, then the quarterly and annual financial information required to be provided by this
covenant will include a reasonably detailed unaudited presentation in any “Management’s Discussion and Analysis of Financial Condition and Results of Operations” or other comparable section, of the financial condition and results of
operations of the Company and its Restricted Subsidiaries separate from the financial condition and results of operations of the Unrestricted Subsidiaries of the Company as a group. 

  
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 (e) In addition, to the extent not satisfied by the foregoing, the Company
will agree that, for so long as any Notes are not freely transferrable under the Securities Act, it will furnish to Holders of the Notes and to securities analysts and prospective investors, upon their request, the information required to be
delivered pursuant to Rule 144A(d)(4) under the Securities Act (or any successor provision). 
 (f) In addition,
notwithstanding the foregoing, the financial statements, financial information and other information and documents required to be provided as described above may be, rather than those of the Company, those of (a) any predecessor or successor of
the Company or any entity meeting the requirements of clause (b) or (c) of this paragraph, (b) any Wholly-Owned Subsidiary of the Company that, together with its consolidated Subsidiaries, constitutes substantially all of the assets of the
Company and its consolidated Subsidiaries (“Qualified Reporting Subsidiary”), (c) any direct or indirect parent of the Company or (d) any combination of the Company and any entity meeting the requirements of clause (a), (b)or
(c) of this paragraph; provided that, if the financial information so furnished relates to such Qualified Reporting Subsidiary or such direct or indirect parent of the Company, the same is accompanied by consolidating information, which may be
posted to the website of the Company or Secured System, that explains in reasonable detail (including select quantitative metrics) the differences between the information relating to such Qualified Reporting Subsidiary or such parent entity (as the
case may be), on the one hand, and the information relating to the Company and its Restricted Subsidiaries on a standalone basis, on the other hand. For the avoidance of doubt, the consolidating information referred to in the proviso in the
preceding sentence need not be audited. 
 (g) So long as Notes are outstanding, the Company will also use its commercially
reasonable efforts, consistent with its judgment as to what is prudent at the time, to participate in quarterly conference calls which may be a single conference call together with investors and lenders holding other securities or Indebtedness of
the Co-Issuers, the Parent Guarantor or any of their Restricted Subsidiaries, to discuss results of operations; provided that the Company need not participate in any such conference call following two
consecutive quarterly conference calls where there were fewer than 10 participants for each call. 
 (h) Any Person who
requests or accesses such financial information required by this covenant will be required to represent to the Company (to the reasonable good faith satisfaction of the Company) that: 

(1) it is a Holder, a Beneficial Owner of the Notes, a prospective investor in the Notes or a market maker or securities
analyst; 
 (2) it will keep such information confidential and will not communicate the information to any Person; and 

(3) it is not a Person (which includes such Person’s Affiliates) that (i) is principally engaged in a Permitted
Business or (ii) derives a significant portion of its revenue from operating a Permitted Business. 
 (i) Any Person who
requests or accesses such financial information required by this Section 4.03 will be required to represent to the Parent Guarantor (to the reasonable good faith satisfaction of the Parent Guarantor) that: 

(1) it is a Holder of the Notes, a Beneficial Owner of the Notes, a prospective investor in the Notes or a market maker or
securities analyst; 
 (2) it will keep such information confidential and will not communicate the information to any Person;
and 

  
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 (3) it is not a Person (which includes such Person’s Affiliates) that
(i) is principally engaged in a Permitted Business or (ii) derives a significant portion of its revenue from operating a Permitted Business. 

(j) Notwithstanding anything herein to the contrary, failure by the Company to comply with any of its obligations hereunder for
purposes of Section 6.01(a)(3) will not constitute an Event of Default thereunder until 270 days after the receipt of the written notice delivered thereunder. 

(k) The delivery of any reports, information and documents to the Trustee is for informational purposes only and the
Trustee’s receipt of such shall not constitute actual or constructive knowledge or notice of any information contained therein or determinable from information contained therein, including the Company’s compliance with any of its covenants
under this Indenture (as to which the Trustee is entitled to rely exclusively on Officer’s Certificates). The Trustee shall have no duty to review or analyze reports, information and documents delivered to it. Additionally, the Trustee shall
not be obligated to monitor or confirm, on a continuing basis or otherwise, the Company’s compliance with the covenants or with respect to any reports or other documents filed with the SEC or any Secured System, or participate on any conference
calls. 
 Section 4.04 Compliance Certificate. 

(a) The Co-Issuers shall deliver to the Trustee, within 120 days after the end of each
fiscal year (except with respect to the first fiscal year ended on December 31, 2020, in which case within 150 days after the end of such fiscal year), an Officer’s Certificate stating that in the course of the performance by the signer of
his or her duties as an Officer of a Co-Issuer he or she would normally have knowledge of any Default or Event of Default and whether or not the signer knew of any Default or Event of Default that occurred
during such period and is continuing (and, if a Default or Event of Default has occurred and is continuing, describing all such Defaults or Events of Default of which he or she may have knowledge and what action the
Co-Issuers or Guarantors are taking or propose to take with respect thereto) and that to his or her knowledge no event has occurred and remains in existence by reason of which payments on account of the
principal of, premium on, if any, or interest on the Notes is prohibited. 
 (b) So long as any of the Notes are outstanding,
the Co-Issuers will deliver to the Trustee, within 15 Business Days after any Officer becoming aware of any Default or Event of Default that has occurred and is continuing, an Officer’s Certificate
specifying such Default or Event of Default and what action the Co-Issuers or Guarantors are taking or propose to take with respect thereto. 

Section 4.05 Taxes. 
 The Parent
Guarantor will pay, and will cause each of its Subsidiaries to pay, prior to delinquency, all material taxes, assessments, and governmental levies except such as are contested in good faith and by appropriate proceedings or where the failure to
effect such payment is not adverse in any material respect to the Holders of the Notes. 
 Section 4.06 Stay, Extension and Usury Laws. 

Each of the Co-Issuers and each of the Guarantors covenants (to the extent that it may lawfully do so)
that it will not at any time insist upon, plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay, extension or usury law wherever enacted, now or at any time hereafter in force, that may affect the covenants or the
performance of this Indenture; each of the Co-Issuers and each of the Guarantors (to the extent that it may lawfully do so) hereby expressly waives all benefit or advantage of any such law, and covenants that
it will not, by resort to any such law, hinder, delay or impede the execution of any power herein granted to the Trustee, but will suffer and permit the execution of every such power as though no such law has been enacted. 

  
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 Section 4.07 Restricted Payments. 

(a) The Parent Guarantor and the Co-Issuers will not, and will not permit any of their
Restricted Subsidiaries to, directly or indirectly: 
 (1) declare or pay any dividend or make any other payment or
distribution on account of the Parent Guarantor’s, the Co-Issuers’ or any of their Restricted Subsidiaries’ Equity Interests (including, without limitation, any payment in connection with any
merger, arrangement, amalgamation or consolidation involving the Parent Guarantor or any of its Restricted Subsidiaries) (other than (x) dividends or distributions payable in Equity Interests (other than Disqualified Stock) of the Parent
Guarantor, (y) dividends or distributions payable to the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor and (z) dividends or distributions by a Restricted Subsidiary so long as, in the case of any dividend, payment or
distribution payable on or in respect of any class or series of securities issued by a Restricted Subsidiary other than a Wholly-Owned Subsidiary, the Parent Guarantor or a Restricted Subsidiary receives at least its pro rata share of such dividend,
payment or distribution in accordance with its Equity Interests in such class or series of securities); 
 (2) purchase,
redeem or otherwise acquire or retire for value (including, without limitation, in connection with any merger, arrangement, amalgamation or consolidation involving the Parent Guarantor) any Equity Interests of the Parent Guarantor or any Parent
Company, in each case held by Persons other than the Parent Guarantor or any of its Restricted Subsidiaries; 
 (3) make any
voluntary or optional payment on or with respect to, or repurchase, redeem, defease or otherwise acquire for cancellation or retire for value any Subordinated Indebtedness (excluding any intercompany Indebtedness between or among the Parent
Guarantor and any of its Restricted Subsidiaries), except a payment of interest when due or principal at the Stated Maturity thereof or the purchase, redemption, repurchase, defeasance, acquisition or retirement for value of any such Indebtedness
within 365 days of the Stated Maturity thereof or any other scheduled repayment or sinking fund payment; or 
 (4) make any
Restricted Investment 
 (all such payments and other actions set forth in Sections 4.07(a)(1) through 4.01(a)(4), being collectively referred to as
“Restricted Payments”), unless, at the time of and after giving effect to such Restricted Payment: 
 (x) no Event of
Default shall have occurred and be continuing or would immediately occur as a consequence thereof; 
 (y) in the case of any Restricted
Payments described in Sections 4.07(a)(1), 4.07(a)(2) and 4.07(a)(3) above utilizing amounts described in Section 4.01(a)(z)(A), the Co-Issuers would, at the time of such Restricted Payment and after
giving pro forma effect thereto as if such Restricted Payment had been made at the beginning of the applicable four-quarter period, have been permitted to incur at least $1.00 of additional Indebtedness pursuant to Section 4.09(a)(2); and 

(z) such Restricted Payment, together with the aggregate amount of all other Restricted Payments made by the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries since the Issue Date (and not returned or rescinded) (including, without duplication, Restricted Payments permitted by Section 4.07(b)(3) and excluding
Restricted Payments permitted by all other clauses of Section 4.07(b) is less than the sum, without duplication, of: 

(A) 50.0% of the Consolidated Net Income of the Company for the period (taken as one accounting period) from the first day of
the first fiscal quarter in which the Issue Date occurs to the end of the most recently ended Test Period at the time of such Restricted Payment (or, if such Consolidated Net Income for such period is a deficit, less 100.0% of such deficit; provided
that in no event shall this clause (A) be less than zero); plus 

  
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 (B) 100.0% of the aggregate net cash proceeds and the fair market value of
marketable securities or other property received by the Parent Guarantor or its Restricted Subsidiaries since the Issue Date (other than the Cash Contribution Amount) from the issue or sale of: 

(i) Equity Interests of the Parent Guarantor, including Treasury Capital Stock (as defined below), but excluding cash proceeds and the fair
market value of marketable securities or other property received from the sale of: 
 (a) Equity Interests to any future, present or
former employees, directors, officers, members of management, independent contractors, advisors, service providers or consultants (or their respective Controlled Investment Affiliates or Immediate Family Members or any Permitted Transferees thereof)
of the Parent Guarantor, the Co-Issuers any Parent Company or any of the Parent Guarantor’s Subsidiaries after the Issue Date to the extent such amounts have been applied to Restricted Payments made in
accordance with Section 4.07(b)(5); and 
 (b) Designated Preferred Stock; and 

(ii) Equity Interests of any Parent Company, to the extent the proceeds of any such issuance or consideration for any such sale are contributed
to the Parent Guarantor or the Co-Issuers (excluding contributions of the proceeds from the sale of Designated Preferred Stock of such companies or contributions to the extent such amounts have been applied to
Restricted Payments made in accordance with Section 4.07(b)(5); 
 provided, that this clause (B) will not include the
proceeds from (1) Refunding Capital Stock (as defined below) applied in accordance with clause (2) of the next succeeding paragraph, (2) Equity Interests or convertible debt securities of the Parent Guarantor sold to any of its
Restricted Subsidiaries, (3) Disqualified Stock or debt securities that have been converted or exchanged into Disqualified Stock or (4) Excluded Contributions; plus 

(C) 100.0% of the aggregate amount of cash, Cash Equivalents and the fair market value of marketable securities or other
property contributed to the capital of the Parent Guarantor or the Co-Issuers after the Issue Date (including the original principal amount of any Indebtedness (and accrued interest) contributed to the Parent
Guarantor or its Subsidiaries for cancellation) or that becomes part of the capital of the Parent Guarantor through consolidation, arrangement, amalgamation or merger following the Issue Date, in each case, not involving cash consideration payable
by the Parent Guarantor on account of such consolidation, arrangement, amalgamation or merger (other than (w) the Cash Contribution Amount (x) cash, Cash Equivalents and marketable securities or other property that are contributed by a
Restricted Subsidiary or (y) Excluded Contributions); plus 
 (D) 100.0% of the aggregate amount received in cash and
the fair market value of marketable securities or other property received by the Parent Guarantor or any of its Restricted Subsidiaries by means of: 

(i) the sale or other disposition (other than to the Parent Guarantor or any of its Restricted Subsidiaries) of, or other
Returns (other than Returns that reduce Investments pursuant to the last paragraph of the definition thereof) on Investments from, Restricted Investments made by the Parent Guarantor or any of its Restricted Subsidiaries (including cash
distributions and cash interest received in respect of Restricted Investments) and repurchases and redemptions of such Restricted Investments from the Parent Guarantor or any of its Restricted Subsidiaries (other than by the Parent Guarantor or any
of its Restricted Subsidiaries) and repayments of loans or advances, and releases of guarantees, which constitute Restricted Investments made by the Parent Guarantor or any of its Restricted Subsidiaries, in each case after the Issue Date (excluding
any Excluded Contributions made pursuant to clause (2) of the definition thereof); 

  
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 (ii) the sale (other than to the Parent Guarantor or any of its Restricted
Subsidiaries) of the stock or any assets of an Unrestricted Subsidiary (or any joint venture (other than any Restricted Subsidiary or other minority Investment) or a dividend or distribution from an Unrestricted Subsidiary, any joint venture (other
than any Restricted Subsidiary) or other minority Investment (other than, in each case, to the extent of the amount of such Investment in such Unrestricted Subsidiary constituted a Permitted Investment, but including such cash or fair market value
to the extent exceeding the amount of such Permitted Investment) or a dividend from an Unrestricted Subsidiary after the Issue Date (excluding any Excluded Contributions made pursuant to clause (2) of the definition thereof); or 

(iii) any returns, profits, distributions and similar amounts received on account of any Permitted Investment subject to a
U.S. dollar-denominated or ratio-based Basket (to the extent in excess of the original amount of such Investment); plus 

(E) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary or the merger, arrangement,
amalgamation or consolidation of an Unrestricted Subsidiary into the Parent Guarantor, the Co-Issuers or any of its Restricted Subsidiaries or the transfer of all or substantially all of the assets of an
Unrestricted Subsidiary to the Parent Guarantor or any of its Restricted Subsidiaries after the Issue Date, the fair market value of the Investment in such Unrestricted Subsidiary (or the assets transferred) at the time of the redesignation of such
Unrestricted Subsidiary as a Restricted Subsidiary or at the time of such merger, arrangement, amalgamation, consolidation or transfer of assets, other than to the extent of the amount of the Investment in such Unrestricted Subsidiary that
constituted a Permitted Investment, but, to the extent exceeding the amount of such Permitted Investment, including such excess amounts of cash or fair market value; plus 

(F) Retained Declined Proceeds; plus 

(G) the greater of $50.0 million and 50% of LTM EBITDA. 

(b) The provisions of Section 4.07(a) will not prohibit: 

(1) the payment of any dividend (or, in the case of any partnership or limited liability company, any similar distribution) by
a Restricted Subsidiary of the Parent Guarantor to the holders of its Equity Interests so long as the Parent Guarantor or any of its Restricted Subsidiaries receives at least its pro rata share of such dividend or distribution; 

(2) (a) the redemption, repurchase, defeasance, discharge, retirement or other acquisition of (I) any Equity Interests of
the Parent Guarantor, any of its Restricted Subsidiaries or any Parent Company, including any accrued and unpaid dividends thereon (“Treasury Capital Stock”), or (II) Subordinated Indebtedness in each case, made in exchange
for, or out of the proceeds of, a sale or issuance (other than to a Restricted Subsidiary) of, Equity Interests of the Parent Guarantor or any Parent Company (in the case of proceeds, to the extent any such proceeds therefrom are contributed to the
Parent Guarantor (in each case, other than Disqualified Stock) (“Refunding Capital Stock”) and made within 120 days of such sale or issuance, (b) the declaration and payment of dividends on Treasury Capital Stock out of the
proceeds of a sale or issuance (other than to a Restricted Subsidiary of the Parent Guarantor or to an employee stock ownership plan or any trust established by the Parent Guarantor or any Restricted Subsidiary) of Refunding Capital Stock made
within 120 days of such sale or issuance, and (c) if, immediately prior to the retirement of Treasury Capital Stock, the declaration and payment of dividends thereon by the Parent Guarantor was permitted under Sections 4.07(b)(20)(A) or
4.07(b)(20)(B), the declaration and payment of dividends on the 

  
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 Refunding Capital Stock (other than Refunding Capital Stock the proceeds of which were used
to redeem, repurchase, retire or otherwise acquire any Equity Interests of any Parent Company) in an aggregate amount per annum no greater than the aggregate amount of dividends per annum that were declarable and payable on such Treasury
Capital Stock immediately prior to such retirement; 
 (3) the payment of any dividend or distribution or the consummation of
any redemption, repurchase or retirement of Indebtedness within 60 days after the date of declaration of the dividend or distribution or giving of the redemption notice, as the case may be, if at the date of declaration or notice, the dividend,
distribution or redemption payment would have complied with the provisions of this Indenture; 
 (4) the principal payment
on, defeasance, redemption, repurchase, exchange or other acquisition or retirement of (i) Subordinated Indebtedness made by exchange for, or out of the proceeds of, the sale, issuance or incurrence of, new Indebtedness of the Parent Guarantor,
Co-Issuers or a Guarantor or Disqualified Stock of the Parent Guarantor, Co-Issuers or a Guarantor within 120 days of such sale, issuance or incurrence,
(ii) Disqualified Stock of the Parent Guarantor, Co-Issuers or a Guarantor made by exchange for, or out of the proceeds of, the sale, issuance or incurrence of Disqualified Stock or Subordinated
Indebtedness of the Parent Guarantor, Co-Issuers or a Guarantor, made within 120 days of such sale, issuance or incurrence, (iii) Disqualified Stock of a Restricted Subsidiary that is not a Guarantor made
by exchange for, or out of the proceeds of, the sale or issuance of, Disqualified Stock of a Restricted Subsidiary that is not a Guarantor, made within 120 days of such sale or issuance, that, in each case, is Refinancing Indebtedness incurred or
issued, as applicable, in compliance with Section 4.09, (iv) Subordinated Indebtedness made by exchange for, or out of the proceeds of the issuance or incurrence of, any other Indebtedness or Disqualified Stock permitted pursuant to
Section 4.09 within 120 days of such sale, issuance or incurrence, and (v) any Subordinated Indebtedness or Disqualified Stock which constitutes Acquired Debt; 

(5) a Restricted Payment to pay for the repurchase, retirement or other acquisition for value (or the declaration and payment
of dividends to, or the making of loans to, any Parent Company, to finance any such repurchase, retirement or other acquisition) of Equity Interests (including related to stock appreciation rights or similar securities) of the Parent Guarantor, any
Parent Company or any of its Restricted Subsidiaries held by any future, present or former employee, director, member of management, independent contractor or consultant (or any of their respective Controlled Investment Affiliates or Immediate
Family Members or any Permitted Transferees thereof) of the Parent Guarantor, any Parent Company or any Subsidiary of the Parent Guarantor pursuant to any management equity plan or stock option plan or any other management or employee benefit plan
or other similar agreement or arrangement or any equity subscription, or equity holder agreement (including, for the avoidance of doubt, any principal and interest payable on any notes issued by the Parent Guarantor or any Parent Company in
connection with any such repurchase, retirement or other acquisition), provided that the aggregate amounts paid under this clause (5) do not exceed the greater of $25.00 million and 25% of LTM EBITDA in any calendar year (with
unused amounts in any calendar year being carried over to succeeding calendar years, subject to a maximum of $50.00 million in any calendar year); provided, further, that such amount in any calendar year may be increased by an amount not
to exceed: 
 (a) the cash proceeds received by the Parent Guarantor or any of its Restricted Subsidiaries from the sale of
Qualifying Equity Interests of the Parent Guarantor or any Parent Company (to the extent contributed to the Parent Guarantor), to employees, directors, officers, members of management, independent contractors or consultants (or any of their
respective Controlled Investment Affiliates or Immediate Family Members or any Permitted Transferees thereof) of the Parent Guarantor and its Restricted Subsidiaries or any Parent Company that occurs after the Issue Date; provided that the amount of
such cash proceeds utilized for any such repurchase, retirement, other acquisition or dividend will not increase the amount available for Restricted Payments under Section 4.07(a)(z); plus 

(b) the amount of any cash bonuses otherwise payable to members of management, employees, directors, consultants, independent
contractors, (or their respective Controlled Investment Affiliates or Immediate Family Members or any Permitted Transferees thereof) of the Parent Guarantor, any of its Subsidiaries or any Parent Company that are foregone in exchange for the receipt
of Equity Interests of the Parent Guarantor or any Parent Company pursuant to any compensation arrangement, including any deferred compensation plan; plus 

  
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 (c) the cash proceeds of key man life insurance policies received by the
Parent Guarantor or any Parent Company (to the extent contributed to the Parent Guarantor), and its Restricted Subsidiaries after the Issue Date; less 

(d) the amount of any Restricted Payments previously made with the cash proceeds described in clauses (a), (b) and (c) of
this clause (5); 
 provided that the Co-Issuers may elect to apply all or any portion of the
aggregate increase contemplated by clauses (a), (b) and (c) above in any calendar year; provided further that cancellation of Indebtedness owing to the Parent Guarantor or any of its Restricted Subsidiaries from any future, present or
former employee, director, officer, member of management, independent contractor or consultant (or their respective Controlled Investment Affiliates or Immediate Family Members or any Permitted Transferees thereof) of any of the Parent Guarantor or
any of its Restricted Subsidiaries or any Parent Company in connection with a repurchase of Equity Interests of any of the Parent Guarantor, any Parent Company or any Restricted Subsidiary of the Parent Guarantor will not be deemed to constitute a
Restricted Payment for purposes of this Section 4.07 or any other provision of this Indenture; 
 (6) (a) payments made
or expected to be made by the Parent Guarantor or any of its Restricted Subsidiaries in respect of withholding or similar Taxes payable by any future, present or former employee, director, officer, member of management, independent contractor or
consultant (or their respective Controlled Investment Affiliates or Immediate Family Members or Permitted Transferees) of the Parent Guarantor, any of its Restricted Subsidiaries or any Parent Company, (b) the repurchase of Equity Interests (or
the declaration and payment of any dividends to, or the making of loans to, any Parent Company to finance such repurchase) deemed to occur upon (i) the exercise of stock options, warrants or other similar stock-based awards under equity plans
of the Parent Guarantor, any of the Parent Guarantor’s Restricted Subsidiaries or any Parent Company to the extent such Equity Interests represent a portion of the exercise price of those stock options, warrants or other similar stock-based
awards under equity plans of the Parent Guarantor, any of its Restricted Subsidiaries or any Parent Company or (ii) the withholding of a portion of Equity Interests issued upon any such exercise to cover any withholding Tax obligations in
respect of such issuance and (c) loans or advances to officers, directors, employees, managers, consultants and independent contractors of the Parent Guarantor, any of its Restricted Subsidiaries or any Parent Company in connection with such
Person’s purchase of Equity Interests of the Parent Guarantor or any Parent Company; provided that no cash is actually advanced pursuant to this clause (c) other than to pay Taxes due in connection with such purchase, unless immediately
repaid; 
 (7) the declaration and payment of regularly scheduled or accrued dividends to holders of a class or series of
Disqualified Stock of the Parent Guarantor or any Preferred Stock of any Restricted Subsidiary of the Parent Guarantor issued on or after the Issue Date in accordance with Section 4.09; 

(8) payments of cash, dividends, distributions, advances or other Restricted Payments by the Parent Guarantor or any of its
Restricted Subsidiaries to allow the payment of cash in lieu of the issuance of fractional shares or upon the purchase, redemption or acquisition of fractional shares (or the declaration and payment of any dividends to, or the making of loans to,
any Parent Company to finance such payment, purchase, redemption or acquisition), including in connection with (i) the exercise of options or warrants, (ii) the conversion or exchange of Capital Stock or Indebtedness convertible into, or
exchangeable for, Capital Stock or (iii) stock dividends, splits or combinations or business combinations; 
 (9)
Permitted Payments to Parent; 
 (10) the making of any Restricted Payment (i) in connection with the Transactions and
the payment of any fees or expenses incurred in connection therewith (including the declaration and payment of dividends to, or the making of loans to, any Parent Company to fund such payment), (ii) in respect of working capital adjustments or
purchase price adjustments pursuant to any Permitted Acquisition or other Permitted Investments, (iii) in order to satisfy indemnity and other similar obligations under or in connection with any Permitted Acquisition or other Permitted
Investments or (iv) in connection with a Permitted Reorganization, a Permitted Change of Control or an IPO Reorganization Transaction; 

  
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 (11) (i) purchases of receivables pursuant to a Securitization Repurchase
Obligation in connection with a Qualified Securitization Transaction and distributions or payments of Securitization Fees, and (ii) purchases of Receivables Assets pursuant to a Receivables Repurchase Obligation in connection with a Qualified
Receivables Facility and distributions or payments of Receivables Fees; 
 (12) the declaration and payment of dividends or
distributions on the Company’s or the Parent Guarantor’s Capital Stock (or the payment of dividends or distributions to any Parent Company to fund the payment of dividends or distributions on its Equity Interests) in an aggregate amount
not to exceed the sum of (i) 6.0% per annum of the net proceeds received by the Parent Guarantor or any of its Restricted Subsidiaries (or by any Parent Company and contributed to the Parent Guarantor or any of its Restricted Subsidiaries)
from any Equity Offering of the Company, the Parent Guarantor or any Parent Company (ii) and an aggregate amount per annum not to exceed 7.0% of Market Capitalization; 

(13) Restricted Payments that are made with Excluded Contributions that, together with Permitted Investments that are made with
Excluded Contributions and outstanding at any time pursuant to clause (31) of the definition of Permitted Investments, shall not exceed the aggregate amount of Excluded Contributions; 

(14) the payment of dividends, other distributions and other amounts to, or the making of loans to, any Parent Company, in the
amount required for such Parent Company to, if applicable, pay amounts equal to amounts required for any Parent Company, if applicable, to pay interest and/or principal on Indebtedness the proceeds of which have been permanently contributed to the
Parent Guarantor or any of its Restricted Subsidiaries and that has been guaranteed by, or is otherwise considered Indebtedness of, the Parent Guarantor or any of its Restricted Subsidiaries incurred in accordance with Section 4.09; 

(15) the payment, purchase, redemption, defeasance or other acquisition or retirement for value of Subordinated Indebtedness,
Disqualified Stock or Preferred Stock of the Parent Guarantor and its Restricted Subsidiaries (i) from Retained Declined Proceeds (except to the extent utilized to make Restricted Payments pursuant to Section 4.07(a)(z)(F) or
(ii) pursuant to provisions similar to those set forth in Section 4.10 and Section 4.13; provided that, in the case of this clause (ii), prior to such payment, purchase, redemption, defeasance or other acquisition or retirement
for value, the Co-Issuers (or a third party to the extent permitted by this Indenture) have made a Change of Control Offer or Asset Sale Offer, as the case may be, with respect to the Notes as a result of such
Change of Control or Asset Sale, as the case may be, and has repurchased all Notes validly tendered and not withdrawn in connection with such Change of Control Offer or Asset Sale Offer, as the case may be; 

(16) the distribution, as a dividend or otherwise, of shares of Capital Stock of, or Indebtedness owed to the Parent Guarantor
or any of its Restricted Subsidiaries by, Unrestricted Subsidiaries; 
 (17) other Restricted Payments in an aggregate amount
taken together with all other Restricted Payments made pursuant to this Section 4.07(b)(17) not to exceed the greater of (x) $25.00 million and (y) 25% of LTM EBITDA; provided that if this Section 4.07(b)(17) is utilized to make a
Restricted Investment, the amount deemed to be utilized under this Section 4.07(b)(17) will be the amount of such Restricted Investment at any time outstanding (with the fair market value of such Investment being measured at the time made and
without giving effect to subsequent changes in value, but subject to adjustment as set forth in the definition of “Investment”); 

(18) any Restricted Payment to fund amounts owed to Affiliates (including the declaration and payment of dividends to, or the
making of loans to, any Parent Company to fund such payment), in each case to the extent permitted by Section 4.11; 

  
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 (19) payments and distributions to dissenting stockholders pursuant to
applicable law, pursuant to or in connection with a sale, consolidation, merger, arrangement, amalgamation or transfer of all or substantially all of the assets of the Parent Guarantor and its Restricted Subsidiaries taken as a whole that complies
with the terms of this Indenture, including Section 5.01 or any other transaction that complies with the terms of this Indenture; 

(20) 

(A) the declaration and payment of dividends or distributions to holders of any class or series of Designated Preferred Stock
issued by the Parent Guarantor or any of its Restricted Subsidiaries after the Issue Date; 
 (B) the declaration and payment
of dividends or distributions to any Parent Company, the proceeds of which will be used to fund the payment of dividends or distributions to holders of any class or series of Designated Preferred Stock issued by such Parent Company after the Issue
Date; provided, that the amount of dividends and distributions paid pursuant to this clause (B) shall not exceed the aggregate amount of cash actually contributed to the Parent Guarantor or its Restricted Subsidiaries from the sale of such
Designated Preferred Stock; or 
 (C) the declaration and payment of dividends or distributions on Refunding Capital Stock
that is Preferred Stock in excess of the dividends or distributions declarable and payable thereon pursuant to Section 4.07(b)(2); 

provided, in the case of each of (A), (B) and (C) of this Section 4.07(b)(20), that for the most recently ended Test Period
immediately preceding the date of issuance of such Designated Preferred Stock or the declaration of such dividends on Refunding Capital Stock that is Preferred Stock, after giving effect to such issuance or declaration on a pro forma basis,
the Parent Guarantor would have had a Fixed Charge Coverage Ratio of at least 2.00 to 1.00; and 
 (21) any Restricted
Payment so long as immediately after giving effect to the making of such Restricted Payment, the Company’s Consolidated Total Debt Ratio would be no greater than 4.00 to 1.00; provided, that at the time of, and after giving effect to,
such Restricted Payment permitted under this Section 4.07(b)(21), (i) in the case of any Restricted Payment (other than a Restricted Investment), no Event of Default shall have occurred and be continuing or would occur as an immediate
consequence thereof and (ii) in the case of any Restricted Investment, no Event of Default under Section 6.01(a)(2) or, with respect to the Parent Guarantor or the Co-Issuers, Sections 6.01(a)(6) or
6.01(a)(7) shall have occurred and be continuing or would occur as an immediate consequence thereof. 
 (c) The amount of all
Restricted Payments (other than cash) shall be the fair market value on the date of such Restricted Payment of the asset(s) or securities proposed to be paid, transferred or issued by the Parent Guarantor, the
Co-Issuers or such Restricted Subsidiary, as the case may be, pursuant to such Restricted Payment. The Fair Market Value of any cash Restricted Payment shall be its face amount, and the Fair Market Value of
any non-cash Restricted Payment, property or assets other than cash shall be determined conclusively by the Parent Guarantor acting in good faith. For purposes of determining compliance with this
Section 4.07, in the event that a Restricted Payment or Investment meets the criteria of more than one of the categories of Restricted Payments described in Sections 4.07(b)(1) through 4.07(b)(21), or is entitled to be incurred pursuant to
Section 4.07(a), the Parent Guarantor will be entitled to classify such Restricted Payment or Investment (or portion thereof) on the date of its payment or later reclassify such Restricted Payment or Investment (or portion thereof) in any
manner that complies with this Section 4.07 or the definition of “Permitted Investment” and/or one or more of the exceptions contained in the definition of “Permitted Investment.” 

(d) If the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor makes a Restricted Payment which at the time of
the making of such Restricted Payment would in the good faith determination of the Co-Issuers be permitted under the provisions of this Indenture based on the financial statements available at such time, such
Restricted Payment shall be deemed to have been made in compliance with this Indenture notwithstanding any subsequent adjustments made in good faith to the Company’s financial statements affecting Consolidated Net Income or Consolidated EBITDA
of the Parent Guarantor for any period. 

  
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 (e) For the avoidance of doubt, this Section 4.07 shall not restrict
the making of, or dividends or other distributions in amounts sufficient to fund the making of any AHYDO Payment with respect to any Indebtedness of any Parent Company, the Parent Guarantor or any of its Restricted Subsidiaries permitted to be
incurred under this Indenture. 
 Section 4.08 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 

(a) The Parent Guarantor and the Co-Issuers will not, and will not permit any of their
Restricted Subsidiaries to, directly or indirectly, create or permit to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: 

(1) pay dividends or make any other distributions on its Capital Stock to the Parent Guarantor or any of its Restricted
Subsidiaries, or with respect to any other interest or participation in, or measured by, its profits, or pay any Indebtedness owed to the Parent Guarantor or any of its Restricted Subsidiaries; 

(2) make loans or advances to the Parent Guarantor or any of its Restricted Subsidiaries; or 

(3) sell, lease or transfer any of its properties or assets to the Parent Guarantor or any of its Restricted Subsidiaries. 

(b) The restrictions in Section 4.08(a) will not apply to encumbrances or restrictions existing under or by reason of:

 (1) contractual encumbrances or restrictions of the Parent Guarantor or any of its Restricted Subsidiaries in effect on
the Issue Date, including pursuant to the ABL Credit Agreement and other documents relating to the ABL Credit Agreement, the Existing Receivables Facilities and other documents relating to such facilities and this Indenture; 

(2) this Indenture, the Notes and the Note Guarantees, the Security Documents and the Intercreditor Agreements; 

(3) agreements governing other Indebtedness permitted to be incurred under the provisions of Section 4.09 and any
amendments, restatements, modifications, renewals, supplements, refundings, replacements or refinancings of those agreements; provided that the restrictions therein, taken as a whole either (i) are not materially more restrictive than
those contained in agreements governing Indebtedness in effect on the Issue Date, or (ii) are not materially more disadvantageous to Holders of the Notes than is customary in comparable financings (as determined by the Parent Guarantor in good
faith) and in the case of (ii) either (x) the Co-Issuers determines (in good faith) at the time of entry into such agreement that such encumbrance or restriction will not affect the Parent
Guarantor’s ability to make principal or interest payments on the Notes or (y) such encumbrances or restrictions apply only during the continuance of a default in respect of payment or a financial maintenance covenant relating to such
Indebtedness; 
 (4) applicable law, rule, regulation, order or requirement; 

(5) any instrument of a Person acquired by the Parent Guarantor or any of its Restricted Subsidiaries as in effect at the time
of such acquisition (except to the extent such instrument was entered into in connection with or in contemplation of such acquisition), which encumbrance or restriction is not applicable to any Person, or the properties or assets of any Person,
other than the Person, or the property or assets of the Person, so acquired; provided that, in the case of Indebtedness, such Indebtedness was permitted by the terms of this Indenture to be incurred; 

  
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 (6) customary non-assignment
provisions in contracts, leases, sub-leases, licenses or asset sale agreements otherwise permitted by this Indenture so long as such restrictions relate to the property interest, rights or assets subject
thereto; 
 (7) purchase money obligations, mortgage financings and Capital Lease Obligations that impose restrictions on the
property purchased or leased of the nature described in Section 4.08(a)(3); 
 (8) contracts for the sale of assets,
including any agreement for the sale or other disposition of a Restricted Subsidiary of all or substantially all of the assets of such Restricted Subsidiary in compliance with the terms of this Indenture that restricts distributions by that
Restricted Subsidiary pending such sale or other disposition; 
 (9) Refinancing Indebtedness; provided that the
restrictions contained in the agreements governing such Refinancing Indebtedness are (i) not materially more restrictive, taken as a whole, than those contained in the agreements governing the Indebtedness being refinanced or (ii) are not
materially more disadvantageous to Holders of the Notes than is customary in comparable financings (as determined by the Parent Guarantor in good faith) and in the case of (ii) such encumbrances or restrictions apply only during the continuance
of a default in respect of payment or a financial maintenance covenant relating to such Indebtedness; 
 (10) Secured
Indebtedness otherwise permitted to be incurred pursuant to Section 4.09 and Liens permitted to be incurred pursuant to Section 4.12 that limit the right of the debtor to dispose of the assets subject to such Liens; 

(11) provisions limiting the disposition or distribution of assets or property in joint venture agreements, asset sale
agreements, sale-leaseback agreements, stock sale agreements and other similar agreements (including agreements entered into in connection with a Restricted Investment), which limitation is applicable only to the assets that are the subject of such
agreements; 
 (12) restrictions on cash or other deposits or net worth imposed by customers under contracts entered into in
the ordinary course of business; 
 (13) customary provisions in joint venture agreements and other similar agreements
entered into in the ordinary course of business; 
 (14) any Restricted Investment not prohibited by Section 4.07 and
any Permitted Investment; 
 (15) restrictions created in connection with any Qualified Securitization Transaction or
Qualified Receivables Facility that, in the good faith determination of the Parent Guarantor, are necessary or advisable to effect such Qualified Securitization Transaction or Qualified Receivables Facility; 

(16) other Indebtedness, Disqualified Stock or Preferred Stock of any Restricted Subsidiary of the Parent Guarantor that is
incurred by a Foreign Subsidiary of the Parent Guarantor subsequent to the Issue Date pursuant to Section 4.09 that imposes restrictions solely on the Foreign Subsidiary party thereto or its Subsidiaries; 

(17) any encumbrances or restrictions of the type referred to in Sections 4.08(a)(1), 4.08(a)(2) and 4.08(a)(3) imposed by any
amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in Sections 4.08(a)(1) through 4.03(a)(16); provided that such
amendments, modifications, restatements, renewals, increases, supplements, refundings, replacements or refinancings are, in the good faith judgment of the Parent Guarantor, no more restrictive as a whole with respect to such dividend and other
payment restrictions than those contained in the dividend or other payment restrictions prior to such amendment, modification, restatement, renewal, increase, supplement, refunding, replacement or refinancing; 

  
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 (18) any encumbrance or other restriction that will not otherwise materially
impair the Co-Issuers’ ability to make payments on the Notes when due, in the good faith judgment of the Parent Guarantor; and 

(19) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary or the merger, arrangement,
amalgamation or consolidation of an Unrestricted Subsidiary into the Parent Guarantor or a Restricted Subsidiary or the transfer of all or substantially all of the assets of an Unrestricted Subsidiary to the Parent Guarantor or a Restricted
Subsidiary, any agreement or other instrument of such Unrestricted Subsidiary (but, in any such case, not created in contemplation of such redesignation, merger, arrangement, amalgamation, consolidation or transfer). 

Section 4.09 Incurrence of Indebtedness and Issuance of Disqualified Stock or Preferred Stock. 

(a) The Parent Guarantor will not, and will not permit any of its Restricted Subsidiaries to, directly or indirectly, create,
incur, issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Indebtedness (including Acquired Debt), and the Parent Guarantor will not
issue any Disqualified Stock and will not permit (a) any of its Restricted Subsidiaries to issue any shares of Disqualified Stock or (b) any of its Restricted Subsidiaries that are not Guarantors to issue any shares of Preferred Stock;
provided, however, that the Parent Guarantor may incur Indebtedness (including Acquired Debt) or issue Disqualified Stock, and any Restricted Subsidiary may incur Indebtedness (including Acquired Debt) or issue Disqualified Stock or Preferred
Stock, if (any Indebtedness, Disqualified Stock or Preferred Stock incurred or issued pursuant to the following clauses (1) and (2), “Ratio Debt”): 

(1) if such Indebtedness is secured by Liens on the Fixed Asset Priority Collateral with Pari Passu Lien Priority with the
Liens on the Fixed Asset Priority Collateral securing the Notes, the Consolidated First Lien Debt Ratio for the Company’s most recently ended Test Period immediately preceding the date on which such additional Indebtedness is incurred, would be
no greater than 6.00:1.00, determined on a Pro Forma Basis; or 
 (2) with respect to such Indebtedness that is not secured,
or any Disqualified Stock or Preferred Stock, the Fixed Charge Coverage Ratio for the Company’s most recently ended Test Period immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock or such
Preferred Stock is issued, as the case may be, would be no less than 2.00:1.00; 
 provided, further, that, in each case, the then outstanding
aggregate principal amount of Indebtedness, Disqualified Stock or Preferred Stock that may be incurred or issued, as applicable, pursuant to the foregoing clauses (1) and (2) (plus any Refinancing Indebtedness in respect thereof) by Restricted
Subsidiaries that are not Guarantors shall not exceed the greater of (x) $30.00 million and (y) 30% of LTM EBITDA. 

(b) The provisions of Section 4.09(a) will not prohibit the incurrence of any of the following (collectively,
“Permitted Debt”): 
 (1) the incurrence by the Parent Guarantor or its Restricted Subsidiaries of
Indebtedness under any Credit Agreement, the guarantees thereof and the issuance and creation of letters of credit and bankers’ acceptances thereunder (with letters of credit and bankers’ acceptances being deemed to have a principal amount
equal to the face amount thereof) up to an aggregate outstanding principal amount at any one time outstanding not to exceed the sum of (i) up to an aggregate amount not to exceed at any one time outstanding, the greater of (x)
$200.0 million (this clause (i) to be limited to Indebtedness under any Credit Agreement that is in the form of a revolving credit facility, including without limitation asset-based and cash flow revolving facilities) and (y) the
Borrowing Base as of the date of such incurrence, less, in the case of this clause (y)(i), the aggregate amount under any Securitization Transaction (other than Qualified Securitization Transactions) and Receivables Facilities (other than Qualified
Receivables Facilities); plus (ii) the greater of (x) $50.0 million and (y) 50% of LTM EBITDA; plus (iii) in the case of any refinancing of any Indebtedness permitted under this clause (1) or any portion thereof,
the aggregate amount of fees, underwriting discounts, accrued and unpaid interest, premiums (including, without limitation, tender premiums) and other costs and 

  
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 expenses (including, without limitation, original issue discount, upfront fees and similar
fees) incurred in connection with such refinancing; provided, that any Indebtedness incurred under this Section 4.09(b)(1), except to the extent permitted by any applicable Intercreditor Agreement then in effect, shall not be secured by
a Lien on any assets other than the Collateral or any other assets that secure the Notes and, if not incurred under the ABL Credit Agreement, shall constitute Additional First Lien Obligations to the extent such Indebtedness is secured by a Lien;

 (2) Indebtedness of the Parent Guarantor and its Restricted Subsidiaries existing on the Issue Date immediately after
giving effect to the Transactions (excluding Indebtedness described in Sections 4.09(b)(1) and 4.09(b)(3)); 
 (3) the
incurrence by the Parent Guarantor and the Guarantors of Indebtedness represented by the Notes (other than Additional Notes) and the related Note Guarantees issued on the Issue Date; 

(4) Indebtedness incurred by the Parent Guarantor or any of its Restricted Subsidiaries, including Indebtedness represented by
Capital Lease Obligations, mortgage financings or purchase money obligations (including such Indebtedness as lessee or guarantor), in each case, incurred for the purpose of financing all or any part of the acquisition, lease or cost of design,
construction, installation or improvement of property, plant or equipment used or useful in a Permitted Business, whether through the direct purchase of assets or the Capital Stock of any Person owning such assets, in an aggregate principal amount,
including all Indebtedness incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness incurred pursuant to this clause (4), not to exceed the greater of (x) $40.00 million and (y) 40% of LTM EBITDA, at the time of the
incurrence, at any one time outstanding, plus, in the case of any refinancing of any Indebtedness permitted under this clause (4) or any portion thereof, the aggregate amount of fees, underwriting discounts, accrued and unpaid interest,
premiums and other costs and expenses incurred in connection with such refinancing; 
 (5) the incurrence by the Parent
Guarantor or any of its Restricted Subsidiaries of Indebtedness or Disqualified Stock or Preferred Stock of the Parent Guarantor or a Restricted Subsidiary that serves to extend, refund, refinance, replace, redeem, repurchase, retire or defease, and
is in an aggregate principal amount (or if issued with original issue discount an aggregate issue price) that is equal to or less than, Indebtedness (including any Designated Revolving Commitments) incurred or Disqualified Stock or Preferred Stock
issued as Ratio Debt or permitted under Sections 4.09(b)(2), 4.09(b)(3), this Section 4.09(b)(5), 4.09(b)(13), 4.09(b)(17) or 4.09(b)(32) or sub-clause (y) of each of Sections 4.09(b)(4), 4.09(b)(12)
or 4.09(b)(21) (provided that any amounts incurred under this Section 4.09(b)(5) as Refinancing Indebtedness of sub-clause (y) of Sections 4.09(b)(4), 4.09(b)(12) or 4.09(b)(21) shall reduce
the amount available under such sub-clause (y) of such clauses) so long as such Refinancing Indebtedness remains outstanding or any Indebtedness incurred or Disqualified Stock or Preferred Stock issued to
so extend, refund, replace, refinance, redeem, repurchase, retire or defease such Indebtedness, Disqualified Stock or Preferred Stock, plus any additional Indebtedness incurred or Disqualified Stock or Preferred Stock issued to pay unpaid
accrued interest and unpaid dividends and the aggregate amount of premiums or penalties (including reasonable tender premiums or penalties), and underwriting discounts, defeasance costs and fees and expenses in connection therewith (including
original issue discount, upfront fees, underwriting, arrangement and similar fees) (subject to the following proviso, “Refinancing Indebtedness”) prior to its respective maturity; provided, however, that such
Refinancing Indebtedness: 
 (A) has a Weighted Average Life to Maturity at the time such Refinancing Indebtedness is
incurred that is not less than the remaining Weighted Average Life to Maturity of the Indebtedness, Disqualified Stock or Preferred Stock being refunded, refinanced, replaced, redeemed, repurchased or retired (or, if earlier not less than the
remaining Weighted Average Life to Maturity of the Notes); 
 (B) has a Stated Maturity which is no earlier than the Stated
Maturity of the Indebtedness being refunded, refinanced, replaced, redeemed, repurchased or retired (or, if earlier, the date that is 91 days after the maturity date of the Notes); 

  
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 (C) to the extent that such Refinancing Indebtedness refinances
(i) Subordinated Indebtedness (other than such Indebtedness assumed or acquired in an acquisition and not created in contemplation thereof), unless such refinancing constitutes a Restricted Payment permitted by Section 4.07 (other than
Section 4.07(b)(4)), such Refinancing Indebtedness is Subordinated Indebtedness or (ii) Disqualified Stock or Preferred Stock, such Refinancing Indebtedness is Disqualified Stock or Preferred Stock, respectively; and 

(D) the limitations set forth above shall not apply to (x) Indebtedness, Disqualified Stock or Preferred Stock of a Non-Guarantor Subsidiary that refinances Indebtedness, Disqualified Stock or Preferred Stock of the Parent Guarantor or a Guarantor, or (y) Indebtedness or Disqualified Stock the Parent Guarantor or
Indebtedness, Disqualified Stock or Preferred Stock of a Restricted Subsidiary that refinances Indebtedness, Disqualified Stock or Preferred Stock of an Unrestricted Subsidiary; 

provided, further, that notwithstanding clauses (A) and (B) above, Refinancing Indebtedness may be incurred in the form of a
bridge or other interim credit facility intended to be refinanced with long-term indebtedness (and such bridge or other interim credit facility shall be deemed to satisfy clauses (A) and (B) above so long as (I) such credit facility
includes customary “rollover” provisions and (II) assuming such credit facility were to be extended pursuant to such “rollover” provisions, such extended credit facility would comply with clauses (A) and (B) above. 

(6) the incurrence by the Parent Guarantor or any of its Restricted Subsidiaries of intercompany Indebtedness between or among
the Parent Guarantor and any of its Restricted Subsidiaries including Indebtedness consisting of any part of a Permitted Reorganization or IPO Reorganization Transaction (or issued or transferred to any direct or indirect parent of a Guarantor which
is substantially contemporaneously transferred to a Guarantor or any Restricted Subsidiary of a Guarantor); provided, however, that: 

(A) if a Co-Issuer or any Guarantor is the obligor on such Indebtedness and the payee
is not a Co-Issuer or a Guarantor, such Indebtedness must be unsecured and expressly subordinated to the prior payment in full in cash of all Obligations then due with respect to the Notes, in the case of a Co-Issuer, or the Note Guarantee, in the case of a Guarantor; and 
 (B) (i) any
subsequent issuance or transfer of Equity Interests that results in any such Indebtedness being held by a Person other than the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor and (ii) any sale or other transfer of any such
Indebtedness to a Person that is not either the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor will be deemed, in each case, to constitute an issuance of such Indebtedness by the Parent Guarantor or such Restricted Subsidiary,
as the case may be, that was not permitted by this Section 4.09(b)(6); 
 (7) the issuance by any of the Parent
Guarantor’s Restricted Subsidiaries to the Parent Guarantor or to any other Restricted Subsidiary of the Parent Guarantor of shares of Preferred Stock; provided, however, that: 

(A) any subsequent issuance or transfer of Equity Interests that results in any such Preferred Stock being held by a Person
other than the Parent Guarantor or a Restricted Subsidiary of the Parent Guarantor will be deemed to constitute an issuance of such Preferred Stock by such Restricted Subsidiary that was not permitted by this Section 4.09(b)(7); and 

(B) any sale or other transfer of any such Preferred Stock to a Person that is not either the Parent Guarantor or a Restricted
Subsidiary of the Parent Guarantor will be deemed to constitute an issuance of such Preferred Stock by such Restricted Subsidiary that was not permitted by this Section 4.09(b)(7); 

  
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 (8) the incurrence by the Parent Guarantor or any of its Restricted
Subsidiaries of Hedging Obligations and not for speculative purposes; 
 (9) the guarantee by the Parent Guarantor or any of
its Restricted Subsidiaries of Indebtedness of the Parent Guarantor or any of its Restricted Subsidiaries, in each case, to the extent that the guaranteed Indebtedness was permitted to be incurred by another provision of this Section 4.09;
provided that if the Indebtedness being guaranteed is subordinated to or pari passu with the Notes, then the Guarantee must be subordinated or pari passu, as applicable, to the same extent as the Indebtedness guaranteed; 

(10) the incurrence by the Parent Guarantor or any of its Restricted Subsidiaries of Indebtedness in respect of letters of
credit, bank guarantees, workers’ compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or pooled insurance obligations, unemployment insurance, supply chain financing
transactions, trade contracts, governmental contracts (other than for borrowed money), bankers’ acceptances, documentary letters of credit, leases, guarantees, performance, tender, bid, release, stay, customs, surety, statutory, judgment,
appeal, return of money, advance payment, completion, export or import, indemnities (including through cash collateralization), customs, value added, sales or similar Tax or other guarantees and warranties, revenue bonds or similar instruments in
the ordinary course of business, including guarantees or obligations with respect thereto (in each case other than for an obligation for money borrowed); 

(11) the incurrence by the Parent Guarantor or any of its Restricted Subsidiaries of Indebtedness arising from the honoring by
a bank or other financial institution of a check, draft or similar instrument inadvertently drawn against insufficient funds; 

(12) the incurrence of Indebtedness, Disqualified Stock or Preferred Stock by (i) Restricted Subsidiaries of the Parent
Guarantor that are not Guarantors and (ii) the incurrence of Indebtedness by the Parent Guarantor or any of its Restricted Subsidiaries in connection with any joint venture arrangements and similar binding arrangements, in each case, an
aggregate principal amount pursuant to this clause (12), including all Indebtedness, Disqualified Stock or Preferred Stock of any such non-Guarantors or joint ventures incurred or issued to renew, refund,
refinance, replace, defease or discharge any Indebtedness incurred or Disqualified Stock or Preferred Stock issued pursuant to this clause (12), not to exceed the greater of (x) $25.00 million (or the equivalent thereof, measured at the time of
each incurrence, in the applicable foreign currency) and (y) 25% of LTM EBITDA, at any one time outstanding, plus in the case of any refinancing of any Indebtedness, Disqualified Stock or Preferred Stock permitted under this clause or any
portion thereof, the aggregate amount of fees, underwriting discounts, accrued and unpaid interest, premiums and other costs and expenses incurred in connection with such refinancing, outstanding at any one time; 

(13) (i) the incurrence or issuance of (I) Indebtedness or Disqualified Stock of the Parent Guarantor or Indebtedness,
Disqualified Stock or Preferred Stock of any of its Restricted Subsidiaries, incurred or issued to finance an acquisition or investment (or other purchase of assets) or (II) Indebtedness, Disqualified Stock or Preferred Stock (A) of
Persons that are acquired by the Parent Guarantor or any of its Restricted Subsidiaries or merged into, amalgamated or consolidated with the Parent Guarantor or any of its Restricted Subsidiaries in accordance with the terms of this Indenture or
(B) that is assumed by the Parent Guarantor or any of its Restricted Subsidiaries in connection with such acquisition or investment (or other purchase of assets) (and not, for the avoidance of doubt with respect to this clause (II), created in
contemplation of the applicable investment or acquisition), in each case under this clause (i), in an aggregate outstanding principal amount or liquidation preference, not to exceed (1) the greater of $20.00 million and 20% of LTM EBITDA
plus (2) an unlimited amount so long as in the case of this clause (2) only: 
 (x) if such Indebtedness is secured
by Liens on the Fixed Asset Priority Collateral with Pari Passu Lien Priority with the Liens on the Fixed Asset Priority Collateral securing the Notes, the Consolidated First Lien Debt Ratio for the Company’s most recently ended Test Period
immediately preceding the date on which such additional Indebtedness is incurred, would be no greater than the greater of (A) 6.00:1.00 and (B) the Consolidated First Lien Debt Ratio immediately prior to giving effect to such incurrence of
Indebtedness, in each case determined on Pro Forma Basis, or 

  
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 (y) with respect to Indebtedness that is not secured, or any Disqualified
Stock or Preferred Stock, in each case, the Fixed Charge Coverage Ratio for the Parent Guarantor’s most recently ended Test Period immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock or
such Preferred Stock is issued, as the case may be, would be no less than the lesser of (A) 2.00:1.00 and (B) the Fixed Charge Coverage Ratio immediately prior to giving effect to such incurrence of Indebtedness or the issuance of such
Disqualified Stock or Preferred Stock, in each case determined on a Pro Forma Basis; 
 provided that, the aggregate principal amount
of such Indebtedness incurred or Disqualified Stock or Preferred Stock issued under this clause (13)(i) by Restricted Subsidiaries that are not Guarantors, shall not exceed the greater of (1) $30.00 million and (2) 30% of LTM EBITDA; 

(ii) so long as not created in contemplation of such acquisition or investment, (I) Indebtedness or Disqualified Stock
that is assumed by the Parent Guarantor or any of its Restricted Subsidiaries in connection with an acquisition or investment (or other purchase of assets) and (II) Indebtedness, Disqualified Stock or Preferred Stock of Persons that are
acquired by the Parent Guarantor or any of its Restricted Subsidiaries or merged into, amalgamated or consolidated with, the Parent Guarantor or any of its Restricted Subsidiaries in accordance with the terms of this Indenture, in each case, in an
aggregate outstanding principal amount or liquidation preference under this clause (ii), not to exceed an unlimited amount of Indebtedness, Disqualified Stock or Preferred Stock under this clause (ii) so long as, after giving pro forma effect
to the assumption or acquisition of such Indebtedness, Disqualified Stock or Preferred Stock and such acquisition or investment (or other purchase of assets), the Fixed Charge Coverage Ratio for the Parent Guarantor’s most recently ended Test
Period immediately preceding the date on which such additional Indebtedness is incurred or such Disqualified Stock or such Preferred Stock is issued, as the case may be, would be no less than the lesser of (A) 2.00:1.00 and (B) the Fixed Charge
Coverage Ratio immediately prior to giving effect to such incurrence of Indebtedness or the issuance of such Disqualified Stock or Preferred Stock, in each case determined on a Pro Forma Basis; 

(14) (i) the incurrence by the Parent Guarantor or its Restricted Subsidiaries of Indebtedness arising from agreements
providing for guarantees, indemnification, adjustments of purchase price or, in each case, similar obligations, incurred in connection with the disposition of any business, assets, Capital Stock, Person or Restricted Subsidiary of the Parent
Guarantor (other than Guarantees of Indebtedness incurred by any Person acquiring all or any portion of such business, assets or Restricted Subsidiary for the purpose of financing such acquisition), so long as the principal amount of such
Indebtedness incurred in connection with a disposition does not exceed the gross proceeds (including non-cash proceeds) actually received by the Parent Guarantor or any of its Restricted Subsidiaries in
connection with such disposition, (ii) Indebtedness incurred by the Parent Guarantor or any of its Restricted Subsidiaries in any transaction or arrangement not prohibited under this Indenture constituting indemnification obligations or
obligations in respect of purchase price (including earn-outs) or other similar adjustments and obligations in respect of transaction Tax benefits and (iii) consisting of obligations of the Parent Guarantor or any of its Restricted Subsidiary
under deferred compensation or other similar arrangements incurred by such Person in connection with the Permitted Acquisitions or any other permitted Investment; 

(15) the incurrence by the Parent Guarantor or any of its Restricted Subsidiaries of Indebtedness arising in connection with
(i) endorsement of instruments for collection or deposit in the ordinary course of business and (ii) Cash Management Services; 

(16) Indebtedness consisting of the financing of insurance premiums; 

(17) Contribution Indebtedness; 

(18) Indebtedness of the Parent Guarantor or any of its Restricted Subsidiaries, the proceeds of which are applied to defease
or discharge the Notes pursuant to Articles 8 or 11; 
 (19)
take-or-pay obligations contained in supply arrangements entered into by the Parent Guarantor or any of its Restricted Subsidiaries in the ordinary course of business;

  
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 (20) (i) Indebtedness related to unfunded pension fund and other employee
benefit plan obligations and liabilities to the extent they are permitted to remain unfunded under applicable law and (ii) Indebtedness representing deferred compensation or similar arrangements to employees and independent contractors of the
Parent Guarantor (and any direct or indirect parent thereof) or any of its Restricted Subsidiaries, in each case, incurred in the ordinary course of business; 

(21) the incurrence by the Parent Guarantor or any of its Restricted Subsidiaries of additional Indebtedness or the issuance by
the Parent Guarantor of Disqualified Stock or the issuance by any Restricted Subsidiary of Preferred Stock in an aggregate principal amount (or accreted value, as applicable) or liquidation value at any time outstanding, including all Indebtedness
incurred to renew, refund, refinance, replace, defease or discharge any Indebtedness or liquidation value incurred pursuant to this Section 4.09(b)(21), not to exceed the greater of (x) $75.00 million and (y) 75% of LTM EBITDA, at any one
time outstanding, plus in the case of any refinancing of any Indebtedness permitted under this clause or any portion thereof, the aggregate amount of fees, underwriting discounts, accrued and unpaid interest, premiums and other costs and
expenses incurred in connection with such refinancing; 
 (22) Indebtedness of the Parent Guarantor or any of its Restricted
Subsidiaries supported by a letter of credit issued pursuant to any Credit Agreement in a principal amount not in excess of the stated amount of such letter of credit; 

(23) Indebtedness consisting of promissory notes issued by the Parent Guarantor or any Restricted Subsidiary to current or
former managers, officers, directors, advisors, service providers, consultants or employees, their respective Permitted Transferees, assigns, estates, spouses or former spouses to finance the purchase or redemption of Equity Interests of the Parent
Guarantor or any of its direct or indirect parent entities permitted by Section 4.07; 
 (24) the incurrence of
Indebtedness arising out of any Sale/Leaseback Transaction incurred in the ordinary course of business; 
 (25) to the extent
constituting Indebtedness, customer deposits and advance payments (including progress payments) received in the ordinary course of business from customers for goods and services purchased in the ordinary course of business; 

(26) Indebtedness incurred by the Parent Guarantor or any of its Restricted Subsidiaries in connection with bankers’
acceptances, discounted bills of exchange or the discounting or factoring of receivables for credit management purposes, in each case incurred or undertaken in the ordinary course of business on arm’s length commercial terms; 

(27) to the extent constituting Indebtedness, obligations under or in respect of Qualified Securitization Transactions,
Qualified Receivables Facilities or Receivables Facilities; 
 (28) Indebtedness incurred by the Parent Guarantor or any
Restricted Subsidiary as a result of the refinancing of any loans or other Indebtedness assigned to the Parent Guarantor or any Restricted Subsidiary pursuant to the provisions of any assignment or buyback provision in the definitive documentation
for any Indebtedness permitted hereunder which has not been cancelled or terminated and with respect to which such amount has not otherwise increased capacity under other category described in this covenant, as long as such Indebtedness would be
Refinancing Indebtedness with respect to such Indebtedness; 
 (29) Indebtedness of the Parent Guarantor or any of its
Restricted Subsidiaries in an aggregate principal amount not greater than 100.0% of the aggregate amount of Restricted Payments in respect of Equity Interests which could be made at the time of such incurrence pursuant to Sections 4.07(b)(13) and
4.07(b)(17) and Section 4.07(a); provided that the amount available for making Restricted Payments in respect of Equity Interests pursuant to Sections 4.07(b)(13) and 4.07(b)(17) and Section 4.07(a) shall be reduced by an amount
equal to 100.0% of the aggregate principal amount of Indebtedness incurred pursuant to this Section 4.09(b)(29); 

  
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 (30) Indebtedness with respect to trade letters of credit in an aggregate
amount not to exceed the greater of (x) $10.0 million and (y) 10% of LTM EBITDA, at any one time outstanding; 
 (31)
Indebtedness in respect of Disqualified Stock issued to and held by the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries in an amount not to exceed the greater of (x)
$10.00 million and (y) 10% of LTM EBITDA outstanding at the time of incurrence; 
 (32) Indebtedness incurred by the
Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries, in each case, constituting “green bonds” issued by the Parent Guarantor, the
Co-Issuers or such Restricted Subsidiary, provided that the terms of such Indebtedness provides that an amount equal to the net proceeds therefrom will be used to fund eligible projects that support
sustainable practices as established in accordance with customary green bond “frameworks” at the time of issuance, in an aggregate amount not to exceed, together with Refinancing Indebtedness in respect thereof, $100.00 million at any
one time outstanding; and 
 (33) all premiums (if any), penalties, make-whole, payments, interest (including interest paid in-kind, default interest and post-petition interest), fees, expenses, charges and additional or contingent interest on obligations described in Section 4.09(a) and in Sections 4.09(b)(1) through 4.09(b)(32).

 (c) Neither the Co-Issuers nor the Parent Guarantor will incur, and will not
permit any Guarantor to incur, any Indebtedness (including Permitted Debt) that is contractually subordinated in right of payment to any other Indebtedness of the Co-Issuers, the Parent Guarantor or such
Guarantor unless such Indebtedness is also contractually subordinated in right of payment to the Notes and the applicable Note Guarantee on substantially identical terms; provided, however, that no Indebtedness will be deemed to be contractually
subordinated in right of payment to any other Indebtedness solely by virtue of being unsecured or by virtue of being secured on a junior priority basis. 

(d) For purposes of determining compliance with this Section 4.09, in the event that an item of Indebtedness meets the
criteria of more than one of the categories of Permitted Debt described in Sections 4.09(b)(1) through 4.09(b)(33), or is entitled to be incurred as Ratio Debt, the Parent Guarantor will be permitted to classify such item of Indebtedness on the date
of its incurrence, or later reclassify all or a portion of such item of Indebtedness, in any manner that complies with this Section 4.09; provided that Indebtedness under the ABL Credit Agreement outstanding on the Issue Date will be
deemed to have been incurred in reliance on Section 4.09(b)(1). The accrual of interest or Preferred Stock dividends, the accretion or amortization of original issue discount, the payment of interest on any Indebtedness in the form of
additional Indebtedness with the same terms, the reclassification of Preferred Stock as Indebtedness due to a change in accounting principles, and the payment of dividends on Preferred Stock or Disqualified Stock in the form of additional shares of
Preferred Stock or Disqualified Stock will not be deemed to be an incurrence of Indebtedness or an issuance of Preferred Stock or Disqualified Stock for purposes of this Section 4.09 or Section 4.12; provided, in each such case,
that the amount thereof shall be included in Fixed Charges of the Company as accrued. For purposes of determining compliance with any U.S. dollar-denominated restriction on the incurrence of Indebtedness, the U.S. dollar-equivalent principal amount
of Indebtedness denominated in a foreign currency shall be calculated based on the relevant currency exchange rate in effect on the date such Indebtedness was incurred, in the case of term debt, or first committed, in the case of revolving credit
debt; provided, that if such Indebtedness is incurred to refinance other Indebtedness denominated in a foreign currency, and such refinancing would cause the applicable U.S. dollar-denominated restriction to be exceeded if calculated at the
relevant currency exchange rate in effect on the date of such refinancing, such U.S. dollar-denominated restriction shall be deemed not to have been exceeded so long as the principal amount of such refinancing Indebtedness does not exceed
(a) the principal amount of such Indebtedness being refinanced plus (b) the aggregate amount of fees, underwriting discounts, accrued and unpaid interest, premiums (including, without limitation, tender premiums) and other costs and
expenses (including, without limitation, original issue discount, upfront fees or similar fees) incurred in connection with such refinancing (and with respect to Indebtedness under Designated Revolving Commitments, including an amount equal to any
unutilized Designated Revolving Commitments being refinanced, extended, replaced, refunded, renewed or defeased to the extent permanently terminated at the time of incurrence of such Refinancing Indebtedness). Notwithstanding any other provision of
this Section 4.09, the maximum amount of 

  
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 Indebtedness that the Parent Guarantor or any of its Restricted Subsidiaries may incur
pursuant to this Section 4.09 shall not be deemed to be exceeded solely as a result of fluctuations in exchange rates or currency values. The principal amount of Indebtedness outstanding under any clause of this covenant will be determined
after giving effect to the application of proceeds of any such Indebtedness to refinance any such other Indebtedness. 
 (e)
The amount of any Indebtedness outstanding as of any date will be: 
 (1) the accreted value of the Indebtedness, in the case
of any Indebtedness issued with original issue discount; 
 (2) the principal amount of the Indebtedness, in the case of any
other Indebtedness; and 
 (3) in respect of Indebtedness of another Person secured by a Lien on the assets of the specified
Person, the lesser of: 
 (A) the Fair Market Value of such assets at the date of determination; and 

(B) the amount of the Indebtedness of the other Person. 

Section 4.10 Asset Sales. 

(a) The Parent Guarantor and the Co-Issuers will not, and will not permit any of their
Restricted Subsidiaries to, consummate an Asset Sale unless: 
 (1) the Parent Guarantor, a
Co-Issuer (or the Restricted Subsidiary, as the case may be) receives consideration (including, by way of relief from, or by any other Person assuming responsibility for, any liabilities, contingent or
otherwise) at the time of the Asset Sale at least equal to the Fair Market Value (measured as of the date of the definitive agreement with respect to such Asset Sale) of the assets or Equity Interests issued or sold or otherwise disposed of; and

 (2) except in the case of a Permitted Asset Swap, at least 75% of the consideration received in the Asset Sale (including,
by way of relief from, or by any other Person assuming responsibility for, any liabilities, contingent or otherwise) by the Parent Guarantor, a Co-Issuer or such Restricted Subsidiary is in the form of cash or
Cash Equivalents. For purposes of this Section 4.10(a)(2), each of the following will be deemed to be cash: 
 (A) any
liabilities (other than liabilities that are by their terms subordinated to the Notes or any Note Guarantee), contingent or otherwise of the Parent Guarantor, a Co-Issuer or such Restricted Subsidiary (as
shown on the Parent Guarantor’s, a Co-Issuer’s or such Restricted Subsidiary’s most recent consolidated balance sheet or in the notes thereto or, if incurred or accrued subsequent to the date of
such balance sheet, such liabilities that would have been reflected on the Parent Guarantor’s, a Co-Issuer’s or such Restricted Subsidiary’s balance sheet or in the notes thereto if such
incurrence or accrual had taken place on or prior to the date of such balance sheet in the good faith determination of the Co-Issuers) that are extinguished in connection with the transactions relating to such
Asset Sale or are assumed by the transferee of any such assets pursuant to a customary novation or indemnity agreement that releases the Parent Guarantor, Co-Issuer or such Restricted Subsidiary from or
indemnifies against further liability; 
 (B) any securities, notes or other obligations or assets received by the Parent
Guarantor, a Co-Issuer or such Restricted Subsidiary from such transferee that are within 180 days following the closing of such Asset Sale converted by the Parent Guarantor, a
Co-Issuer or such Restricted Subsidiary into cash or Cash Equivalents; 

  
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 (C) any Designated Non-cash
Consideration received by the Parent Guarantor, a Co-Issuer or such Restricted Subsidiary in such Asset Sale having an aggregate Fair Market Value, taken together with all other Designated Non-cash Consideration received pursuant to this Section 4.10(a)(2)(C) that is at that time outstanding, not to exceed the greater of (x) $15.00 million and (y) 15% of LTM EBITDA at the time of the receipt
of such Designated Non-cash Consideration (with the Fair Market Value of each item of Designated Non-cash Consideration being measured, at the Co-Issuers’ option, either at the time of contractually agreeing to such Asset Sale or at the time received and without giving effect to subsequent changes in value) , net of any such Designated Non-cash Consideration subsequently converted into cash and Cash equivalents; 
 (D)
consideration consisting of Indebtedness of the Parent Guarantor, a Co-Issuer or a Restricted Subsidiary that is not Subordinated Indebtedness received from such transferee; and 

(E) Indebtedness of any Restricted Subsidiary that is no longer a Restricted Subsidiary as a result of such Asset Sale (other
than intercompany debt owed to the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries), to the extent that the Parent Guarantor, the Co-Issuers and
each other Restricted Subsidiary are released from any Guarantee of payment of such Indebtedness in connection with such Asset Sale. 

(b) Within 450 days after the receipt of any Net Proceeds from an Asset Sale, the Parent Guarantor, a Co-Issuer or the applicable Restricted Subsidiary (as the case may be) may (subject, in the case of clause (1) or (2) below, to the provisions on any Intercreditor Agreement then in effect, including, for the
avoidance of doubt, any Asset Sale involving both Fixed Asset Priority Collateral and ABL Priority Collateral) apply an amount equal to such Net Proceeds: 

(1) to the extent such Net Proceeds are from an Asset Sale of Fixed Asset Priority Collateral, to repay either,
(i) Obligations under the Notes or (ii) First Lien Obligations, other than the Notes (and, if the Indebtedness being repaid under this clause (ii) is revolving credit Indebtedness, to correspondingly permanently reduce commitments
with respect thereto); provided that in the case of any repayment pursuant to clause (ii), the Parent Guarantor, the Co-Issuers or such Restricted Subsidiary shall equally and ratably redeem or
repurchase the Notes with any First Lien Obligations repaid pursuant to clause (ii) repaid with such Net Proceeds as described in Section 3.07 and/or paragraph 5 of such Note or by making an offer (in accordance with the procedures set
forth below for an Asset Sale Offer) to all Holders to purchase a pro rata principal amount of the Notes at 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to, but not including, the date of repayment; 

(2) to the extent such Net Proceeds are from an Asset Sale of ABL Priority Collateral, to repay either (i) Obligations
under the ABL Credit Agreement, (ii) Obligations under the Notes or (iii) First Lien Obligations, other than the Notes, (and, if the Indebtedness being repaid under this clause (iii) is revolving credit Indebtedness, to
correspondingly permanently reduce commitments with respect thereto); provided that in the case of any repayment pursuant to clause (iii), the Parent Guarantor, the Co-Issuers or such Restricted Subsidiary
shall equally and ratably redeem or repurchase the Obligations under the Notes with any First Lien Obligations repaid pursuant to clause (iii) with such Net Proceeds, as described in Section 3.07 and/or paragraph 5 of such Note or by
making an offer (in accordance with the procedures set forth below for an Asset Sale Offer) to all Holders to purchase a pro rata principal amount of the Notes at 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to,
but not including, the date of repayment; 
 (3) if the assets that are the subject of such Asset Sale do not constitute
Collateral, to repay either (i) Obligations under the ABL Credit Agreement, (ii) Obligations under the Notes or (iii) Obligations under any other Senior Indebtedness (and, if the Indebtedness being repaid under this clause
(iii) is revolving credit Indebtedness, to correspondingly permanently reduce commitments with respect thereto); provided that in the case of any repayment pursuant to clause (iii), the Parent Guarantor, the Co-Issuers or such Restricted Subsidiary shall equally and ratably redeem or repurchase the Obligations under the Notes with any First Lien Obligations repaid pursuant to clause (iii) with such Net Proceeds as
described in Section 3.07 and/or paragraph 5 of such Note or by making an offer (in accordance with the procedures set forth below for an Asset Sale Offer) to all Holders to purchase a pro rata principal amount of the Notes at 100% of the
principal amount thereof, plus accrued and unpaid interest, if any, to, but not including, the date of repayment; 

  
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 (4) to repay any Indebtedness of a Restricted Subsidiary of the Parent
Guarantor that is not a Guarantor (other than Indebtedness owed to a Co-Issuer or another Restricted Subsidiary); 

(5) to acquire all or substantially all of the assets of, or any Capital Stock of, a Permitted Business, if, after giving
effect to any such acquisition of Capital Stock, the Permitted Business is or becomes a Restricted Subsidiary of the Parent Guarantor; 

(6) to make (a) acquisitions of properties (including fee and leasehold interests) and other assets, (b) a capital
expenditure; and (c) investments in Additional Assets or (ii) replace the businesses, properties and/or assets that are the subject of such Asset Sale; or 

(7) to acquire other assets (other than current assets) that are used or useful in a Permitted Business; or 

(8) any combination of the foregoing. 

The Parent Guarantor or the Co-Issuers will be deemed to have complied with the provisions set forth
in Sections 4.10(b)(5), 4.10(b)(6) or 4.10(b)(7) if, (i) within 450 days after the receipt of the Net Proceeds from the Asset Sale that generated the Net Proceeds, the Parent Guarantor or Co-Issuers (or
the applicable Restricted Subsidiary) have entered into and not abandoned or rejected a binding agreement to acquire all or substantially all of such assets of, or any Capital Stock of, another Permitted Business or to make a capital expenditure or
acquire such other assets that are not classified as current assets under GAAP and that are used or useful in a Permitted Business and that acquisition or capital expenditure is thereafter completed within 180 days after the end of such 450-day period or (ii) in the event such binding agreement described in the preceding clause (i) is canceled or terminated for any reason before such Net Proceeds are applied, the Co-Issuers (or the applicable Restricted Subsidiary) enter into another such binding commitment within 180 days of such cancellation or termination of the prior binding commitment; provided that if any second
binding commitment is later canceled or terminated for any reason before such Net Proceeds are applied within 180 days of such second binding commitment, then such Net Proceeds shall constitute Excess Proceeds. 

Pending the final application of any such amount of Net Proceeds, the Parent Guarantor, the Co-Issuers
or any Restricted Subsidiary may temporarily reduce Indebtedness under a revolving credit facility, if any, or otherwise invest or utilize such Net Proceeds in any manner not prohibited by this Indenture. 

(c) Any Net Proceeds from Asset Sales that are not applied or invested as provided in Sections 4.10(a) and 4.10(b) will
constitute “Excess Proceeds”; provided that any amount of proceeds offered to Holders in accordance with Sections 4.10(b)(1) or 4.10(b)(2) or pursuant to an Asset Sale Offer (as defined below) made at any time after the Asset
Sale shall be deemed to have been applied as required and shall not be deemed to be Excess Proceeds without regard to the extent to which such offer is accepted by the Holders. When the aggregate amount of Excess Proceeds exceeds $60.0 million,
the Co-Issuers will make an Asset Sale Offer to all Holders of the Notes and, if required by the terms of other First Lien Obligations or Obligations under the ABL Credit Agreement (as applicable) (in the case
of an Asset Sale of Collateral) or other Senior Indebtedness (in the case of an Asset Sale of assets that do not constitute Collateral) that in each case, contain provisions similar to those set forth in this Indenture with respect to offers to
purchase, prepay or redeem with an amount equal to the proceeds of sales of assets to purchase, prepay or redeem on a pro rata basis the maximum principal amount (or accreted value, if applicable) of Notes, such other First Lien Obligations and such
Senior Indebtedness (plus all accrued interest on the Indebtedness and the amount of all fees and expenses, including premiums, incurred in connection therewith) that may be purchased, prepaid or redeemed with an amount equal to the Excess Proceeds.
The offer price in any Asset Sale Offer will be equal to 100% of the principal amount, plus accrued and unpaid interest, if any, to, but not including, the date of purchase, prepayment or redemption, subject to the right of Holders of Notes on a
relevant record date to receive interest due on an interest payment date occurring on or prior to the purchase date, and will be payable in cash. The Co-Issuers may satisfy the foregoing obligations with
respect to such Net Proceeds from an Asset Sale by making an Asset Sale Offer with respect to such Net Proceeds at any time prior to 

  
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 the expiration of the application period or by electing to make an Asset Sale Offer with
respect to such Net Proceeds. If an amount equal to the Excess Proceeds exceeds the amount paid in connection with the consummation of an Asset Sale Offer (any such excess amount, “Retained Declined Proceeds”), the Co-Issuers may use those Retained Declined Proceeds for any purpose not otherwise prohibited by this Indenture. If the aggregate principal amount of Notes or the other First Lien Obligations or Senior Indebtedness,
as applicable, tendered in (or required to be prepaid or redeemed in connection with) such Asset Sale Offer exceeds the amount of Excess Proceeds, the Co-Issuers will select the Notes and such other First Lien
Obligations, Obligations under the ABL Credit Agreement or Senior Indebtedness, as applicable, to be purchased on a pro rata basis, based on the amounts tendered or required to be prepaid or redeemed and thereafter the Trustee will select the Notes
to be purchased on a pro rata basis (subject to DTC’s applicable procedures with respect to the global notes) based on the principal amount tendered (with, in each case, such adjustments as may be deemed appropriate by the Co-Issuers or the Trustee, as applicable, so that only Notes in minimum denominations of $2,000, or an integral multiple of $1,000 in excess thereof, will be purchased; provided that any unpurchased portion
of a Note must be in a minimum denomination of $2,000). Upon completion of each Asset Sale Offer, the amount of Excess Proceeds will be reset at zero. 

(d) To the extent that any portion of Net Available Cash payable in respect of the Notes is denominated in a currency other
than U.S. dollars, the amount thereof payable in respect of the Notes shall not exceed the net amount of funds in U.S. dollars that is actually received by the Co-Issuers upon converting such portion into U.S.
dollars. 
 (e) Notwithstanding any other provisions of this Section 4.10, (i) to the extent that the application of any
or all of the Net Proceeds of any Asset Sale by a Foreign Subsidiary (a “Foreign Disposition”) would be (x) prohibited or delayed by applicable local law, (y) restricted by applicable organizational documents or any
agreement or (z) subject to other organizational or administrative impediments if distributed by the Foreign Subsidiary to the Co-Issuers (either directly or indirectly through the applicable
Subsidiaries), an amount equal to the portion of such Net Proceeds so affected will not be required to be applied in compliance with this Section 4.10; provided that if at any time within one year following the date on which the
respective payment would otherwise have been required, such distribution of any of such affected Net Proceeds would be permitted under the applicable local law, the applicable organizational document or agreement or the applicable other impediment,
an amount equal to such amount of Net Proceeds so permitted to be distributed will be promptly applied (net of any Taxes, costs or expenses that would be payable or reserved against if the Net Proceeds were actually distributed whether or not they
are distributed) in compliance with this Section 4.10 and (ii) to the extent that the Co-Issuers have determined in good faith that the distribution by the applicable Foreign Subsidiary of any or all
of the Net Proceeds of any Foreign Disposition to the Co-Issuers (either directly or indirectly through the applicable Subsidiaries) could have a material adverse tax consequence to the Co-Issuers or any of the Subsidiaries of the Parent Guarantor, Affiliates or direct or indirect owners (which, for the avoidance of doubt, includes, but is not limited to, the incurrence of any non-de minimis Tax liability (determined in good faith by the Co-Issuers), including as a result of a dividend or a withholding tax), an amount equal to such Net Proceeds will
not be required to be applied in compliance with this Section 4.10, provided that if at any time within one year following the date on which the payment would otherwise have been required, such distribution of any of such affected Net
Proceeds would not result in such an adverse tax consequence, an amount equal to such amount of Net Proceeds will be promptly applied (net of any Taxes, costs or expenses that would be payable or reserved against if the Net Proceeds were actually
distributed whether or not they are distributed) in compliance with this covenant. The non-application of any prepayment amounts as a consequence of the foregoing provisions will not, for the avoidance of
doubt, constitute a Default or an Event of Default. For the avoidance of doubt, nothing in this Indenture shall be construed to require any Subsidiary to repatriate cash. 

(f) The Co-Issuers will comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and regulations are applicable in connection with each repurchase of Notes pursuant to an Asset Sale
Offer. To the extent that the provisions of any securities laws or regulations conflict with the provisions of Section 3.09 or this Section 4.10, the Co-Issuers will comply with the applicable
securities laws and regulations and will not be deemed to have breached their obligations under Section 3.09 or this Section 4.10 by virtue of such compliance. 

  
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 Section 4.11 Transactions with Affiliates. 

(a) The Parent Guarantor and the Co-Issuers will not, and will not permit any of their
Restricted Subsidiaries to, make any payment to or sell, lease, transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any transaction, contract, agreement,
understanding, loan, advance or guarantee with, or for the benefit of, any Affiliate of the Parent Guarantor (each, an “Affiliate Transaction”) involving aggregate payments or consideration in excess of the greater of
$10.0 million and 10% of LTM EBITDA, unless the Affiliate Transaction is on terms that are not materially less favorable, taken as a whole, to the Parent Guarantor or the relevant Restricted Subsidiary than those that would have been obtained
in a comparable transaction at the time of such transaction or the execution of the agreement providing for such transaction in arm’s length dealings with a Person who is not such an Affiliate. 

(b) The following items will not be deemed to be Affiliate Transactions and, therefore, will not be subject to the provisions
of Section 4.11(a): 
 (1) (i) employment, consulting and severance arrangements between the Parent Guarantor or any of
its Restricted Subsidiaries (or any Parent Company) and their respective future, present or former officers, employees, independent contractors, advisor, service provider and/or consultants (or their respective Controlled Investment Affiliates or
Immediate Family Members), in each case, in the ordinary course of business and (ii) transactions pursuant to any shareholder, employee or director equity plan or stock option plan or any other management or employee benefit plan or agreement,
or any equity subscription, co-invest agreement or shareholder agreement, including any arrangement including Equity Interests rolled over or otherwise re-invested by
management of the Company or any Parent Company in connection with a Permitted Acquisition; 
 (2) (a) transactions between
or among the Parent Guarantor and/or its Restricted Subsidiaries (or entity that becomes a Restricted Subsidiary as a result of such transaction) or between or among Restricted Subsidiaries (or entity that becomes a Restricted Subsidiary as a result
of such transaction), (b) any customary transaction with a Securitization Entity effected as part of a Qualified Securitization Transaction, including in respect of Standard Securitization Undertakings, any disposition of Securitization Assets or
related assets in connection with any Qualified Securitization Transaction and any repurchase of Securitization Assets pursuant to a Securitization Repurchase Obligation (c) any merger, arrangement, consolidation or amalgamation of the Parent
Guarantor, a Co-Issuer and any Parent Company; provided that such merger, arrangement, consolidation or amalgamation of the Parent Guarantor or a Co-Issuer is otherwise
in compliance with the terms of this Indenture, and (d) for the avoidance of doubt, any customary transaction between or among the Parent Guarantor and/or its Restricted Subsidiaries effected as part of a Qualified Receivables Facility,
including in respect of Standard Receivables Undertakings, and any repurchase of Receivables Assets pursuant to a Receivables Repurchase Obligation; 

(3) transactions with a Person (other than an Unrestricted Subsidiary of the Parent Guarantor) that is an Affiliate of the
Parent Guarantor or a Co-Issuer solely because the Parent Guarantor or a Co-Issuer owns, directly or through a Restricted Subsidiary, an Equity Interest in, or controls,
such Person; 
 (4) payment of compensation, fees, indemnities and reimbursements of expenses to (pursuant to indemnity
arrangements (including under customary insurance policies) or otherwise), and employee benefit and pension expenses and severance arrangements provided on behalf of or for the benefit of, officers, directors, employees, advisors, service provider
or consultants or independent contractors (or their Controlled Investment Affiliates or Immediate Family Members or Permitted Transferees thereof) of the Parent Guarantor or any of its Restricted Subsidiaries or any Parent Company; 

(5) any issuance of Equity Interests (other than Disqualified Stock) of the Parent Guarantor or any direct or indirect parent
of the Parent Guarantor to Affiliates of the Parent Guarantor; 

  
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 (6) (a) Restricted Payments (other than Section 4.07(b)(18)) that do
not violate Sections 4.07 and 4.09 and (b) Permitted Investments; 
 (7) the payment of management, monitoring,
oversight, consulting, advisory and similar fees pursuant to a Sponsor Management Agreement or other arrangement with the Sponsor, management companies associated with the Sponsor, any other Permitted Holder or their respective advisors in a maximum
amount for all such agreements and arrangements not to exceed 2.00% of LTM EBITDA of the Company in any fiscal year, and transaction fees to the foregoing Persons not to exceed in the aggregate 1.00% of the applicable gross transaction value and
indemnities and other expenses pursuant to a Sponsor Management Agreement or other arrangement with the foregoing Persons (including any transaction fee payable in connection with the Transactions), plus any unpaid management, monitoring,
transaction fees, indemnities and expenses accrued in any prior year to the extent such fee or expense is otherwise permitted to be paid pursuant to this clause (7) in such prior year; 

(8) issuances, sales or transfers of Equity Interests of the Parent Guarantor or any Parent Company to Affiliates of the Parent
Guarantor or its Restricted Subsidiaries not otherwise prohibited by this Indenture and the granting of registration and other customary rights in connection therewith; 

(9) transactions with an Affiliate where the only consideration paid is Qualifying Equity Interests of the Parent Guarantor;

 (10) transactions in which the Parent Guarantor or its Restricted Subsidiaries, as the case may be, delivers to the
Trustee a letter from an Independent Financial Advisor stating that such transaction (i) is fair to the Parent Guarantor or such Restricted Subsidiary from a financial point of view, (ii) meets the requirements of Section 4.11(a) or
(iii) has been approved by a majority of Disinterested Directors of the Company; 
 (11) payments, loans, advances or
guarantees (or cancellation of loans, advances or guarantees) to future, present or former employees, officers, directors, managers, consultants, advisors, service providers, independent contractors or guarantees in respect thereof that are approved
by the Board of Directors of the Company in good faith and that are otherwise permitted by this Indenture; 
 (12) any
agreement as in effect as of the Issue Date or any amendment thereto or replacement thereof (so long as any such agreement together with all amendments thereto, taken as a whole, is not more disadvantageous to the Holders of the Notes in any
material respect in the good faith judgment of the Board of Directors of the Company than the original agreement as in effect on the Issue Date) or any transaction contemplated thereby; 

(13) payments to or the receipt of payments from, and entry into and the consummation of transactions with joint ventures or
Unrestricted Subsidiaries entered into in the ordinary course of business (including, without limitation, any cash management activities related thereto); 

(14) any contributions to the common equity capital of the Parent Guarantor or the
Co-Issuers; 
 (15) pledges of Equity Interests of Unrestricted Subsidiaries; 

(16) the issuances of securities or other payments, awards or grants in cash, securities or otherwise pursuant to, or the
funding of, employment arrangements, stock option and stock ownership plans or similar employee benefit plans approved by the Board of Directors of the Company or any direct or indirect parent of the Parent Guarantor, or of a Restricted Subsidiary
of the Parent Guarantor, as appropriate, in good faith; 
 (17) the entry into any
tax-sharing or funding arrangements or other equity agreements between the Parent Guarantor or any of its Restricted Subsidiaries and any of their direct or indirect parent entities on customary terms to the
extent attributable to the ownership or operation of the Parent Guarantor and its Subsidiaries; 

  
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 (18) transactions with customers, clients, lessors, landlords, suppliers,
contractors, joint venture partners or purchasers or sellers of goods or services that are Affiliates, or transactions otherwise relating to the purchase or sale of goods and services, in each case, in the ordinary course of business and otherwise
in compliance with the terms of this Indenture which are fair to the Parent Guarantor, the Co-Issuers and their Restricted Subsidiaries, in the reasonable determination of the Board of Directors of the Company
or senior management thereof, or are on no less favorable terms than those that might reasonably have been obtained at such time from an unaffiliated party; 

(19) transactions between the Parent Guarantor and any of its Restricted Subsidiaries and any Person a director of which is
also a director of the Company, the Parent Guarantor or any Parent Company; provided, however, that such director abstains from voting as a director of the Company, the Parent Guarantor or such Parent Company, as the case may
be, on any matter involving such other Person; 
 (20) payments by the Parent Guarantor or any of its Restricted Subsidiaries
for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities, including, without limitation, in connection with the acquisitions or divestitures, which payments are approved by, or
made pursuant to arrangements approved by, a majority of the Board of Directors of the Company in good faith; 
 (21) payment
to any Sponsor (i) of all out of pocket costs or expenses incurred by such Sponsor (or its Affiliates) in connection with its direct or indirect investment in the Parent Guarantor and its Subsidiaries and (ii) of indemnification and
similar amounts to and reimbursement of expenses to Sponsor and its officers, directors, employees and Affiliates; 
 (22)
(i) the Transactions, (ii) any transactions constituting a Permitted Reorganization or IPO Reorganization Transaction, and the payment of all fees, costs and expenses incurred in connection therewith (including dividends to any direct or
indirect parent entities of the Parent Guarantor to fund payment) and all legal, accounting and other professional fees, costs and expenses related thereto and (iii) transactions related to a Permitted Change of Control, the payment of
Permitted Change of Control Costs and the issuance of Capital Stock to the management of the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries in connection with a Permitted Change of
Control; 
 (23) any purchases by the Parent Guarantor’s Affiliates of Indebtedness or Disqualified Stock of the Parent
Guarantor or any of its Restricted Subsidiaries the majority of which Indebtedness or Disqualified Stock is purchased by Persons who are not the Parent Guarantor’s Affiliates; provided that such purchases by the Parent Guarantor’s
Affiliates are on the same terms as such purchases by such Persons who are not the Parent Guarantor’s Affiliates; 

(24) (i)(x) investments by Affiliates in securities or loans of the Parent Guarantor or any of its Restricted Subsidiaries (and
payment of reasonable out-of-pocket expenses incurred by such Affiliates in connection therewith) so long as the investment is being offered by the Parent Guarantor or
such Restricted Subsidiary generally to other investors on the same or more favorable terms, and (y) payments to Affiliates in respect of securities or loans of the Parent Guarantor or any of its Restricted Subsidiaries contemplated in the
foregoing sub-clause (x) or that were acquired from Persons other than the Parent Guarantor or any of its Restricted Subsidiaries, in each case, in accordance with the terms of such securities or loans,
and (ii) transactions with Affiliates solely in their capacity as holders of Indebtedness or preferred Equity Interests of the Parent Guarantor or any of its Restricted Subsidiaries, so long as such transaction is with all holders of such class
(and there are such non-Affiliate holders) and such Affiliates are treated no more favorably than all other holders of such class generally; 

(25) any subscription agreement or similar agreement pertaining to the repurchase of Equity Interests pursuant to put/call
rights or similar rights with current, former or future officers, directors, employees, managers, consultants and independent contracts of the Parent Guarantor, any of its Subsidiaries or Parent Company; 

  
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 (26) any lease entered into between the Parent Guarantor or any of its
Restricted Subsidiaries, as lessee, and any Affiliate of the Parent Guarantor, as lessor, and any transaction(s) pursuant to that lease, which lease is approved by the Board of Directors or senior management of the Company in good faith; 

(27) intellectual property licenses or sublicenses in the ordinary course of business; 

(28) the payment of reasonable out-of-pocket
costs and expenses relating to registration rights and indemnities provided to owners of Equity Interests of the Parent Guarantor or any Parent Company pursuant to any stockholders agreement or registration rights agreement entered into on or after
the Issue Date; and 
 (29) transactions permitted by, and complying with, Section 4.10 solely for the purpose of (a)
forming a holding company or (b) reincorporating the Parent Guarantor or the Co-Issuers in a new jurisdiction. 

Section 4.12 Liens. 

(a) Neither the Parent Guarantor nor the Co-Issuers will, and the Parent Guarantor will
not permit any of its Restricted Subsidiaries that are Guarantors, to, directly or indirectly, create, incur, assume or suffer to exist any Lien of any kind (other than Permitted Liens), securing Indebtedness of the
Co-Issuers, the Parent Guarantor or the Parent Guarantor’s Restricted Subsidiaries that are Guarantors, if any, on any property or assets now owned or hereafter acquired or any interest therein or any
income or profits therefrom, unless in each case: 
 (1) in the case of Liens on any Collateral, (i) such Lien expressly
has Junior Lien Priority on the Collateral relative to the Notes and the Guarantees or (ii) such Lien is a Permitted Lien; and 

(2) in the case of any Lien on any asset or property that is not Collateral, (i) the Notes (or a Guarantee in the case of
Liens of a Guarantor) are equally and ratably secured, with (or on a senior basis to, in the case such Lien secures any Subordinated Indebtedness) the obligations secured by such Lien until such time as such obligations are no longer secured by a
Lien or (ii) such Lien is a Permitted Lien. 
 (b) With respect to any Lien securing Indebtedness that was permitted to
secure such Indebtedness at the time of the incurrence of such Indebtedness, such Lien shall also be permitted to secure any Increased Amount of such Indebtedness. The “Increased Amount” of any Indebtedness shall mean any increase
in the amount of such Indebtedness in connection with any accrual of interest, the accretion of accreted value, the amortization of original issue discount, the payment of interest in the form of additional Indebtedness with the same terms,
accretion of original issue discount or liquidation preference, any fees, underwriting discounts, accrued and unpaid interest, premiums and other costs and expenses incurred in connection therewith (including any refinancing thereof) and increases
in the amount of Indebtedness outstanding solely as a result of fluctuations in the exchange rate of currencies or increases in the value of property securing Indebtedness. 

Section 4.13 Offer to Repurchase Upon Change of Control. 

(a) If a Change of Control Triggering Event occurs, each Holder of Notes will have the right to require the Co-Issuers to repurchase all or any portion (equal to a minimum denomination of $2,000 or an integral multiple of $1,000 in excess thereof) of that Holder’s Notes pursuant to an offer (a “Change of
Control Offer”) on the terms set forth in this Indenture; provided that any unpurchased portion of a Note must be in a minimum denomination of $2,000. In the Change of Control Offer, the
Co-Issuers will offer a Change of Control Payment in cash equal to 101% of the aggregate principal amount of Notes repurchased, plus accrued and unpaid interest, if any, on the Notes repurchased to the date of
purchase (such payment, the “Change of Control Payment,” and such date of purchase, the “Change of Control Payment Date”), subject to the rights of Holders of Notes on a relevant record date to receive
interest due on an interest 

  
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 payment date occurring on or prior to the Change of Control Payment Date. Within 30 days
following any Change of Control Triggering Event, except to the extent the Co-Issuers have delivered notice to the Trustee of their intention to redeem Notes pursuant to Section 3.07 and/or paragraph 5 of
such Note, the Co-Issuers will deliver or cause to be delivered a notice of such Change of Control Offer electronically in accordance with the applicable procedures of DTC or by first-class mail, with a copy
to the Trustee, to each Holder of Notes at the address of such Holder appearing in the Notes register or otherwise in accordance with the applicable procedures of DTC, describing the transaction or transactions that constitute the Change of Control
and stating: 
 (1) that the Change of Control Offer is being made pursuant to this Section 4.13 and that all Notes
tendered will be accepted for payment; 
 (2) the purchase price and the Change of Control Payment Date, which date shall be
no earlier than 10 days and no later than 60 days from the date such notice is delivered, pursuant to the procedures required by this Indenture, except in the case of a conditional Change of Control Offer made in advance of a Change of Control
Triggering Event pursuant to 4.13(a)(8); 
 (3) that any Note not tendered will continue to accrue interest; 

(4) that, unless the Co-Issuers default in the payment of the Change of Control
Payment, all Notes accepted for payment pursuant to the Change of Control Offer will cease to accrue interest after the Change of Control Payment Date; 

(5) that Holders electing to have any Notes purchased pursuant to a Change of Control Offer will be required to surrender the
Notes, with the form entitled “Option of Holder to Elect Purchase” attached to the Notes completed, or transfer by book-entry transfer, to the Paying Agent at the address specified in the notice prior to the close of business on the third
Business Day preceding the Change of Control Payment Date; 
 (6) that Holders will be entitled to withdraw their election if
the Paying Agent receives, not later than the expiration of the Change of Control Offer period (or the date otherwise set forth in the notice), which shall be specified in the notice if different from the Change of Control Payment Date, a facsimile
transmission or letter setting forth the name of such Holder, the principal amount of Notes delivered for purchase, and a statement that such Holder is withdrawing his election to have the Notes purchased or a withdrawal of the Note by book-entry
transfer; 
 (7) that Holders whose Notes are being purchased only in part will be issued new Notes equal in principal amount
to the unpurchased portion of the Notes surrendered, which unpurchased option must be equal to a minimum denomination of $2,000 or an integral multiple of $1,000 in excess thereof; 

(8) if such notice is delivered prior to the occurrence of a Change of Control, stating that the Change of Control Offer is
conditional on the occurrence of such Change of Control and describing each such condition, and if applicable, stating that, in the Co-Issuers’ discretion, the Change of Control Payment Date may be
delayed until such time (including more than 60 days after the notice is mailed or delivered) as any or all such conditions shall be satisfied, or that such purchase may not occur and such notice may be rescinded in the event that the Co-Issuers shall determine that any or all of such conditions shall not have been satisfied by the Change of Control Payment Date (as so delayed, if applicable); and 

(9) the other instructions, as determined by the Co-Issuers, consistent with this
Section 4.13, that a Holder must follow in order to have its Notes repurchased. 
 (b) The Co-Issuers will comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws and regulations thereunder to the extent those laws and
regulations are applicable in connection with the repurchase of the Notes as a result of a Change of Control Triggering Event. To the extent that the provisions of any securities laws or regulations conflict with the provisions of this 

  
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 Section 4.13, the Co-Issuers will comply with
the applicable securities laws and regulations and will not be deemed to have breached their obligations under this Section 4.13 by virtue of such compliance. The Co-Issuers may rely on any no-action letters issued by the SEC indicating that the staff of the SEC will not recommend enforcement action in the event a tender offer satisfies certain conditions. 

(c) The Co-Issuers will not be required to make a Change of Control Offer upon a Change
of Control Triggering Event if (1) a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in this Section 4.13 and purchases all Notes properly tendered and
not withdrawn under the Change of Control Offer, or (2) notice of redemption has been given to the Trustee pursuant to Section 3.07 and/or paragraph 5 of such Note, unless and until there is a default in payment of the applicable
redemption price on the applicable redemption date of the redemption or the redemption is not consummated due to the failure of a condition precedent contained in the applicable redemption notice to be satisfied. 

(d) Notwithstanding anything to the contrary contained herein, a Change of Control Offer may be made in advance of a Change of
Control Triggering Event, or conditioned upon the consummation of such Change of Control Triggering Event.     
 Section 4.14
Future Guarantees. 
 (a) If, after the Issue Date, (a) any Wholly-Owned Domestic Restricted Subsidiary
(including any newly formed, newly acquired or newly redesignated Restricted Subsidiary, but excluding any Excluded Subsidiary) that is not then a Co-Issuer or a Guarantor (x) guarantees or incurs any
Indebtedness under the ABL Credit Agreement or (y) guarantees or incurs any capital markets Indebtedness of a Co-Issuer or any Guarantor with an aggregate principal amount in excess of $100.0 million
(“Certain Capital Markets Debt”) or (b) the Parent Guarantor otherwise elects to have any Restricted Subsidiary become a Guarantor, then, in each such case, the Parent Guarantor shall cause such Restricted Subsidiary to execute
and deliver to the Trustee a supplemental indenture to this Indenture pursuant to which such Restricted Subsidiary shall become a Guarantor under this Indenture and shall provide a Note Guarantee by such Restricted Subsidiary on the same terms and
conditions as those set forth in this Indenture and applicable to the other Guarantors and execute and deliver to the Trustee joinders to the Security Documents or new Security Documents together with any other filings and agreements required by the
Security Documents to create or perfect the Liens for the benefit of the Holders of the Notes in the Collateral of such Restricted Subsidiary; provided that, in the case of clause (a), such supplemental indenture, joinders to the Security
Documents or new Security Documents together with any other such filings and agreements shall be executed and delivered to the Trustee within 20 Business Days after the date that such Indebtedness under the ABL Credit Agreement or the agreement
governing such Certain Capital Markets Debt has been guaranteed or incurred by such Restricted Subsidiary. 
 (b) Each Note
Guarantee will be limited to an amount not to exceed the maximum amount that can be guaranteed by that Restricted Subsidiary without rendering the Note Guarantee, as it relates to such Restricted Subsidiary, voidable under applicable law relating to
fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally and any other limitations customary for such guarantees in the jurisdiction of incorporation or organization of the relevant Guarantor. 

(c) Each Note Guarantee shall be released upon the terms and in accordance with the provisions of Article 10. 

Section 4.15 Designation of Restricted Subsidiaries and Unrestricted Subsidiaries. 

(a) After the Issue Date, the Board of Directors of the Company may designate any of its Restricted Subsidiary of the Parent
Guarantor (other than a Co-Issuer) to be an Unrestricted Subsidiary if that designation would not cause a Default. If such Restricted Subsidiary is designated as an Unrestricted Subsidiary, the aggregate Fair
Market Value of all outstanding Investments in such Restricted Subsidiary by the Parent Guarantor and its Restricted Subsidiaries will be deemed to be an Investment made as of the time of the designation and will reduce the amount available for
Restricted Payments under Section 4.07 or under one or more clauses of the definition of “Permitted Investments,” as determined by the Co-Issuers. That designation will only be permitted if the
Investment would be permitted at that time and if such Restricted Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. 

  
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 (b) Any designation of a Subsidiary of the Parent Guarantor as an
Unrestricted Subsidiary will be evidenced to the Trustee by filing with the Trustee a certified copy of a resolution of the Board of Directors of the Company giving effect to such designation and an Officer’s Certificate certifying that such
designation complied with the preceding conditions and was permitted by Section 4.07. 
 (c) The Board of Directors of
the Company may at any time designate any Unrestricted Subsidiary to be a Restricted Subsidiary of the Parent Guarantor; provided that such designation will be deemed to be an incurrence of Indebtedness by a Restricted Subsidiary of the
Parent Guarantor of any outstanding Indebtedness of such Unrestricted Subsidiary, and such designation will only be permitted if (1) such Indebtedness is permitted by Section 4.09, calculated on a pro forma basis as if such designation had
occurred at the beginning of the applicable reference period; and (2) no Event of Default under Section 6.01(a)(2) or solely with respect to the Co-Issuers, Sections 6.01(a)(6) or 6.01(a)(7) would be
in existence following such designation. Any designation of an Unrestricted Subsidiary as a Restricted Subsidiary shall be evidenced to the Trustee by delivery to the Trustee of an Officer’s Certificate certifying that such designation complied
with the preceding conditions and was permitted by Section 4.09. 
 Section 4.16 Changes in Covenants When Notes Rated Investment Grade.

 (a) If on any date following the Issue Date: 

(1) the Notes receive two of the following: a rating of Baa3 or better by Moody’s, a rating of BBB- or better by S&P or a rating of BBB- or better by Fitch (or, if any of such entity ceases to rate the Notes for reasons outside of the control of the Co-Issuers, the equivalent investment grade credit rating from any other “nationally recognized statistical rating organization” registered under Section 15E of the Exchange Act selected by the Co-Issuers as a replacement agency) (“Investment Grade Status”); and 

(2) no Default or Event of Default shall have occurred and be continuing, 

then, beginning on that day and continuing at all times thereafter and subject to the provisions of Section 4.16(c), Sections 4.07, 4.08, 4.09, 4.10,
4.11 and 4.14 (collectively, the “Suspended Covenants”) will be suspended. 
 (b) During any period that the
Suspended Covenants have been suspended, the Board of Directors of the Company may not designate any of its Subsidiaries as Unrestricted Subsidiaries pursuant to Section 4.15 unless the Board of Directors of the Company would have been able,
under the terms of this Indenture, to designate such Subsidiaries as Unrestricted Subsidiaries if the Suspended Covenants were not suspended. Notwithstanding that the Suspended Covenants may be reinstated, the failure to comply with the Suspended
Covenants during the Suspension Period (including any action taken or omitted to be taken with respect thereto) will not give rise to a Default or Event of Default under this Indenture. 

(c) Notwithstanding the foregoing, if the rating assigned to the Notes by either such rating agency subsequently declines to
below Investment Grade Status, the Suspended Covenants will be reinstituted as of and from the date of such rating decline (any such date, a “Reversion Date”). The period of time between the suspension of covenants as set forth
above and the Reversion Date is referred to as the “Suspension Period.” All Indebtedness incurred and Disqualified Stock or Preferred Stock issued during the Suspension Period will be deemed to have been incurred or issued in
reliance on the exception provided by Section 4.09(b)(2) Calculations under the reinstated Section 4.07 will be made as if Section 4.07 had been in effect prior to but not during the Suspension Period. Accordingly, Restricted Payments
made during the Suspension Period will not reduce the amount available to be made as Restricted Payments under Section 4.07(a). For purposes of determining compliance with Section 4.10, the Excess Proceeds from all Asset Sales not applied
in accordance with Section 4.10 will be deemed to be reset to zero after the Reversion Date. In addition, for purposes of Section 4.11, all agreements and arrangements entered into by the Parent 

  
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 Guarantor and any of its Restricted Subsidiaries with an Affiliate of the Parent Guarantor
during the Suspension Period prior to such Reversion Date will be deemed to have been entered pursuant to Section 4.11(b)(12), and for purposes of Section 4.08, all contracts entered into during the Suspension Period prior to such
Reversion Date that contain any of the restrictions contemplated by such covenant will be deemed to have been entered pursuant to Section 4.08(b)(1). In addition, the obligation to grant further Note Guarantees under Section 4.14 shall be
suspended. 
 (d) In addition, this Indenture will also permit, without causing a Default or Event of Default, the Parent
Guarantor, the Co-Issuers or any of their Restricted Subsidiaries to honor, comply with or otherwise perform any contractual commitments to take actions following a Reversion Date; provided that such
contractual commitments were entered into during the Suspension Period and not in contemplation of a reversion of the Suspended Covenants. 

(e) The Co-Issuers shall notify the Trustee indicating the occurrence of any Suspension
Period or Reversion Date; provided that no such notification shall be a condition for the Suspension Period to be effective. The Trustee shall have no obligation to independently determine or verify if such events have occurred or notify the Holders
of Notes of any Suspension Period or Reversion Date. The Trustee may provide a copy of such notice to any Holder of Notes upon request. 

(f) There can be no assurance that the Notes will ever achieve an investment grade rating or that any such rating will be
maintained. 
 Section 4.17 Holding Company Covenant. 

The Parent Guarantor will not engage in any material operating or business activities; provided that the Parent Guarantor may engage in
the following and any activities incidental thereto shall be permitted in any event: (i) its, direct or indirect, ownership of the Equity Interests of the Co-Issuers and their Subsidiaries and activities
incidental thereto, including payment of dividends, distributions and other amounts in respect of its Equity Interests (including, for the avoidance of doubt, with respect to taxes), (ii) the maintenance of its legal existence (including the ability
to incur fees, costs and expenses relating to such maintenance), (iii) the performance of its obligations with respect to the Transactions, the ABL Financing Documents, the Security Documents, any other documents governing Indebtedness permitted to
be incurred by the Parent Guarantor or a Subsidiary of the Parent Guarantor pursuant to this Indenture or any documents governing any Indebtedness permitted to be incurred by the Parent Guarantor pursuant to this section, (iv) any public
offering of its common stock or any other issuance or sale of its Equity Interests or any transaction permitted under this Indenture, (v) the issuance of equity securities, payment of dividends, making contributions to the capital of the Co-Issuers, repurchases of Indebtedness, including open market purchases permitted under this Indenture, (vi)(a) unsecured Indebtedness that is contractually subordinated (on customary terms for such types of
unsecured subordinated Indebtedness) to the guarantee of the Obligations by the Parent Guarantor, (b) guarantees in respect of Indebtedness of the Co-Issuers and their Subsidiaries permitted under this
Indenture, including any Permitted Refinancing thereof and (c) guarantees of other obligations not constituting Indebtedness incurred by the Co-Issuers or any of their Subsidiaries,
(vii) participating in tax, accounting and other administrative matters as a member of the consolidated or combined group of any Parent Company, the Parent Guarantor, the Co-Issuers and/or their
Subsidiaries, (viii) holding any cash, cash equivalents, intercompany Indebtedness or property (but not operate any property), (ix) making of any Restricted Payments or Investments permitted under this Indenture, (x) providing
indemnification to any future, present or former officers and directors, (xi) merge, amalgamate or consolidate with or into any Parent Company in connection with or in preparation for a Qualified IPO (provided that the Parent Guarantor
shall be the continuing or surviving company or such surviving company assumes the Parent Guarantor’s obligations under this Indenture, the Security Documents and the Intercreditor Agreements), (xii) transactions in connection with a Permitted
Reorganization, a Permitted Change of Control or an IPO Reorganization Transaction and (xiii) any activities incidental or reasonably related to any of the foregoing. The Parent Guarantor shall not incur any Liens on Equity Interests of the
Company, other than non-consensual Liens and those for the benefit of holders of Indebtedness permitted to be incurred by the Parent Guarantor or any of its Restricted Subsidiaries pursuant to this Indenture
which Indebtedness (and any guarantees thereof) is subject at all times to an applicable Intercreditor Agreement. Notwithstanding the above, the Parent Guarantor shall not merge, amalgamate, 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 other than in accordance with this Indenture. 

  
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 Section 4.18 After-Acquired Property. 

(a) From and after the Issue Date, and subject to the limitations and exceptions as set forth in this Indenture and any
Security Document, if (a) any Subsidiary becomes a Guarantor or (b) any Guarantor acquires any property or rights which are of a type constituting Collateral under any Security Document (excluding, for the avoidance of doubt, any Excluded
Assets or assets not required to be Collateral pursuant to this Indenture, the Intercreditor Agreements or the Security Documents), it will be required to execute and deliver such security instruments, financing statements and such certificates as
are required under this Indenture or any Security Document to vest in the Collateral Agent a Lien (subject to Permitted Liens) in such after-acquired collateral (or all of its assets, except Excluded Assets, in the case of a new Guarantor) such that
the Collateral Agent would have (i) a first priority perfected Lien (subject to Permitted Liens) upon any such Fixed Asset Priority Collateral, as security for the Notes Obligations and (ii) a second priority perfected Lien (subject to
Permitted Liens) upon any such ABL Priority Collateral, as security for the Notes Obligations. 
 (b) If (i) any
Material Real Property is acquired by any Co-Issuer or any Guarantor after the Issue Date or (ii) any Person that becomes a Guarantor after the Issue Date owns any Material Real Property, in each case,
not constituting Excluded Assets, the relevant Co-Issuer or Guarantor (as applicable) (x) shall, within 90 days after acquisition of such Material Real Property, provide written notice to the Collateral
Agent of its intent to pledge such Material Real Property and (y) deliver to the Collateral Agent (A) counterparts of a Mortgage with respect to each Mortgaged Property duly executed and delivered by the applicable Co-Issuer and Guarantor and corresponding UCC fixture filings, (B) a title insurance policy or a marked-up and signed pro forma thereof for such property available in
each applicable jurisdiction (the “Mortgage Policies”) insuring the Lien of each such Mortgage as a valid first priority perfected security interest (subject to Permitted Liens), together with such endorsements, coinsurance and
reinsurance as are available at commercially reasonable rates in each applicable jurisdiction and in such amounts which approximate (but need not exceed) the fair market value of the applicable Material Real Property, (C) either ALTA surveys or
such existing surveys (together with no change affidavits), in each case prepared by a land surveyor duly registered and licensed in the state in which the Material Real Property described in such surveys is located and sufficient for the title
company to remove all standard survey exceptions from the Mortgage Policies and issue the endorsements required in clause (B) above to the extent such coverage and endorsements are available in the applicable jurisdictions at commercially
reasonable rates, (D) copies of any existing abstracts and existing appraisals and (E) opinions of local counsel to any Co-Issuer or Guarantor in states in which the Mortgaged Property is located
confirming the enforceability and perfection of the Mortgages and any related fixture filings. 
 ARTICLE 5 

SUCCESSORS 
 Section 5.01 Merger,
Consolidation or Sale of Assets. 
 (a) Neither the Parent Guarantor nor either of the
Co-Issuers will, directly or indirectly: (1) consolidate, amalgamate or merge with or into another Person (whether or not the Parent Guarantor or the Co-Issuers are
the surviving corporation) or (2) sell, assign, transfer, convey, lease or otherwise dispose of all or substantially all of the properties or assets of the Parent Guarantor and its Restricted Subsidiaries taken as a whole, in one or more
related transactions, to another Person, unless: 
 (1) either: (a) the Parent Guarantor, or a Co-Issuer, as applicable, is the surviving or continuing entity; or (b) the Person formed by or surviving or continuing following any such consolidation, arrangement, amalgamation or merger (if other than the
Parent Guarantor, or a Co-Issuer, as applicable) or to which such sale, assignment, transfer, conveyance, lease or other disposition has been made is an entity (x) organized or existing under the laws of
the United States, any state of the United States or the District of Columbia or (y) 

  
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 or incorporated or organized under the laws of Canada or any province or territory thereof
(such Person, the “Surviving Entity”) and, in the case of SBP Finance (or any of its successors), if the Surviving Entity thereof is not a corporation, a co-obligor of the Notes is a
corporation organized or existing under any such laws; provided that, in the case of clause (y) hereof, this Indenture shall be amended or supplemented, without the consent of any Holder of Notes pursuant to Section 9.01(a)(3), to
provide for customary tax gross-up provisions with respect to payments made under this Indenture and the Notes and a provision to allow for a redemption of all (but not less than all) the Notes at a price
equal to 100% of the aggregate principal amount thereof, plus, accrued and unpaid interest, if any, in the event a tax gross up is required; provided that the Trustee shall not be responsible or liable for the form, terms or adequacy
of such provisions; 
 (2) the Surviving Entity (if other than the Parent Guarantor, or a
Co-Issuer, as applicable) or the Person to which such sale, assignment, transfer, conveyance, lease or other disposition has been made assumes all the obligations of the Parent Guarantor, or a Co-Issuer, as applicable, under the Notes, this Indenture and the Security Documents, pursuant to a supplemental indenture or other documents or instruments in form reasonably satisfactory to the Trustee; 

(3) immediately after such transaction, no Default or Event of Default exists; 

(4) the Co-Issuers shall deliver, or cause to be delivered, to the Trustee an
Officer’s Certificate and an Opinion of Counsel, each to the effect that such consolidation, arrangement, amalgamation, merger, sale, conveyance, assignment, transfer, lease or other disposition complies with the requirements of this Indenture;

 (5) to the extent any assets of the Person which is merged, consolidated or amalgamated with or into the Surviving Entity
are assets of the type which would constitute Collateral under the Security Documents, the Surviving Entity will take such action as may be reasonably necessary to cause such property and assets to be made subject to the Lien of the Security
Documents in the manner and to the extent required in this Indenture or any of the Security Documents and shall take all reasonably necessary action so that such Liens are perfected to the extent required by the Security Documents; and 

(6) the Collateral owned by or transferred to the Surviving Entity shall: (a) continue to constitute Collateral under this
Indenture and the Security Documents, (b) be subject to the Lien in favor of the Collateral Agent for the benefit of the Notes Secured Parties, and (c) not be subject to any Liens other than Permitted Liens. 

(b) This Section 5.01 will not apply to (i) any sale, assignment, transfer, conveyance, lease or other disposition of
assets between or among the Parent Guarantor, the Co-Issuers and/or any other Guarantor, (ii) any consolidation, amalgamation or other combination or merger of the Parent Guarantor, the Co-Issuers with or into an Affiliate for purpose of changing the legal domicile of such Parent Guarantor or the Co-Issuers, reincorporating such or changing the legal form of
such Parent Guarantor or the Co-Issuers in another jurisdiction so long as the amount of Indebtedness of the Parent Guarantor and its Restricted Subsidiaries is not increased thereby, (iii) any
consolidation, amalgamation or other combination, merger or transfer of all or part of the properties and assets of any Restricted Subsidiary to or with any of the Parent Guarantor, the Co-Issuers or
Guarantors, (iv) any consolidation, amalgamation or other combination, merger or transfer of all or part of the properties and assets of any Restricted Subsidiary to or with any other Restricted Subsidiary and (v) the Transactions, any
Permitted Reorganization, any Permitted Change of Control or IPO Reorganization Transaction. 
 Section 5.02 Successor Corporation Substituted.

 Upon any consolidation, amalgamation or merger, or any sale, assignment, transfer, lease, conveyance or other disposition of all or
substantially all of the properties or assets of the Parent Guarantor or a Co-Issuer in a transaction that is subject to, and that complies with the provisions of, Section 5.01, (a) the successor Person
formed by such consolidation or into or with which the Parent Guarantor or the Co-Issuer is merged or amalgamated to which such sale, assignment, transfer, lease, conveyance or other disposition is made shall
succeed to, and be substituted for (so that from and after the date of such consolidation, merger, amalgamation, sale, assignment, transfer, lease, 

  
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 conveyance or other disposition, the provisions of this Indenture referring to the “Co-Issuers” or the “Parent Guarantor” shall refer instead to the successor Person and not to the Co-Issuers or the Parent Guarantor, as applicable), and
may exercise every right and power of the Co-Issuers or the Parent Guarantor, as applicable, under this Indenture with the same effect as if such successor Person had been named as a Co-Issuer or the Parent Guarantor or such predecessor Person. Following any such assumption (except in the case of a lease), the relevant Co-Issuer, Parent Guarantor or such
predecessor Person, as the case may be, shall be released from its obligations under this Indenture and the Notes. 
 ARTICLE 6 

DEFAULTS AND REMEDIES 
 Section 6.01
Events of Default. 
 (a) Each of the following is an “Event of Default”: 

(1) default for 30 days in the payment when due of interest on the Notes; 

(2) default in the payment when due (at maturity, upon redemption, offer to purchase or otherwise) of the principal of, or
premium, if any, on, the Notes; 
 (3) failure by the Parent Guarantor or any of its Restricted Subsidiaries for 60 days
after notice by the Trustee to the Parent Guarantor or, subject to Section 9.03, by the Holders of at least 30% in aggregate principal amount of the Notes then outstanding voting as a single class to the Parent Guarantor and the Trustee to
comply with any of the agreements in this Indenture (other than a default referred to in Sections 6.01(a)(1) or 6.01(a)(2)); provided that in the case of a failure to comply with Section 4.03, such period of continuance of such default
or breach shall be 270 days after written notice described in this Section 6.01(a)(3) has been given; 
 (4) default
under any mortgage, indenture or instrument under which there may be issued or by which there may be secured or evidenced any Indebtedness for money borrowed by the Parent Guarantor or any of the Parent Guarantor’s Restricted Subsidiaries that
is a Significant Subsidiary (or the payment of which is guaranteed by the Parent Guarantor or any of the Parent Guarantor’s Restricted Subsidiaries that is a Significant Subsidiary) other than Indebtedness owed to the Parent Guarantor or any of
the Parent Guarantor’s Restricted Subsidiaries, whether such Indebtedness or Guarantee now exists, or is created after the date of this Indenture, if that default: 

(A) is caused by a failure to pay principal of, or premium, if any, on any such Indebtedness at final Stated Maturity (after
giving effect to any applicable grace periods) (a “Payment Default”); or 
 (B) results in the
acceleration of such Indebtedness prior to its express maturity, 
 and, in each case, the principal amount of any such Indebtedness,
together with the principal amount of any other such Indebtedness under which there has been a Payment Default or the maturity of which has been so accelerated, aggregates the greater of $25.00 million and 25% of LTM EBITDA or more
(“cross-acceleration default”); 
 (5) failure by the Parent Guarantor or any of its Restricted Subsidiaries that
is a Significant Subsidiary to pay final non-appealable judgments entered by a court or courts of competent jurisdiction aggregating in excess of the greater of $25.00 million and 25% of LTM EBITDA (other
than any judgments covered by indemnities or insurance policies issued by creditworthy companies), which judgments are not paid, discharged or stayed, for a period of 60 days, after the applicable judgment becomes final and non-appealable, and in the event such judgment is covered by insurance, an enforcement proceeding has been commenced by any creditor upon such judgment or decree which is not promptly stayed; 

  
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 (6) the Parent Guarantor or any of its Restricted Subsidiaries that is a
Significant Subsidiary or any group of Restricted Subsidiaries of the Parent Guarantor that, taken together (as of the latest audited consolidated financial statements of the Parent Guarantor and its Restricted Subsidiaries) would constitute a
Significant Subsidiary, pursuant to or within the meaning of Bankruptcy Law: 
 (A) commences a voluntary case or proceeding
seeking to have an order for relief entered with respect to it, or seeking to adjudicate it a bankrupt or insolvent, 
 (B)
consents to the entry of an order for relief against it in an involuntary case or proceeding, 
 (C) consents to the
appointment of a custodian, interim receiver, receiver, receiver and manager, trustee, monitor or similar official of it or for all or substantially all of its property, or 

(D) makes a general assignment for the benefit of its creditors; 

(7) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(A) is for relief against either of the Parent Guarantor or any of its Restricted Subsidiaries that is a Significant
Subsidiary or any group of Restricted Subsidiaries of the Parent Guarantor that, taken together (as of the latest audited consolidated financial statements of the Parent Guarantor and its Restricted Subsidiaries) would constitute a Significant
Subsidiary in an involuntary case or proceeding; 
 (B) appoints a custodian, interim receiver, receiver, receiver and
manager, monitor or similar official of either of the Parent Guarantor or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Parent Guarantor that, taken together, would constitute a
Significant Subsidiary or for all or substantially all of the property of either of the Parent Guarantor or any of its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of Parent Guarantor that, taken
together (as of the latest audited consolidated financial statements of the Parent Guarantor and its Restricted Subsidiaries) would constitute a Significant Subsidiary; or 

(C) orders the liquidation or winding-up of either of the Parent Guarantor or any of
its Restricted Subsidiaries that is a Significant Subsidiary or any group of Restricted Subsidiaries of the Parent Guarantor that, taken together (as of the latest audited consolidated financial statements of the Parent Guarantor and its Restricted
Subsidiaries), would constitute a Significant Subsidiary; 
 and, in each case, the order or decree remains unstayed and in effect for 60
consecutive days; 
 (8) except as permitted by this Indenture, any Note Guarantee of a Significant Subsidiary of the Parent
Guarantor is held in any judicial proceeding to be unenforceable or invalid or ceases for any reason to be in full force and effect (except as contemplated by the terms hereof), or any Significant Subsidiary of the Parent Guarantor, or any Person
acting on behalf of such Significant Subsidiary of the Parent Guarantor, denies or disaffirms its obligations under its Note Guarantee and any such Default continues for 10 days; 

(9) any of the Security Documents shall for any reason not be or shall cease to be in full force and effect or is declared to
be null and void (other than pursuant to the terms thereof or as a result of the failure of the Collateral Agent to maintain control over possessory collateral actually received by it), any Lien in favor of the Collateral Agent in any material
portion of the Collateral purported to be covered by any of the Security Documents shall be invalid or not perfected except as expressly permitted by the terms hereof or thereof (other than the failure of the Collateral Agent to maintain control
over possessory collateral actually received by it), any lien subordination provision in respect of material Collateral shall be determined to be invalid or the Parent Guarantor, a Co-Issuer or any other
Guarantor terminates or repudiates in writing or rescinds any Security Document executed by it or any of its obligations thereunder. 

  
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 (b) However, a Default under Sections 6.01(a)(3), 6.01(a)(4) or 6.01(a)(5)
will not constitute an Event of Default until the Trustee or, subject to Section 9.03, the Holders of at least 30% in principal amount of the outstanding Notes notify the Parent Guarantor of the Default and, with respect to Sections 6.01(a)(3)
and 6.01(a)(5), the Parent Guarantor does not cure such Default within the time specified in Sections 6.01(a)(3) or 6.01(a)(5) after receipt of such notice; provided that a notice of Default may not be given with respect to any action taken, and
reported publicly or to Holders, more than two years prior to such notice of Default; provided, further, that a notice of Default may not be given with respect to Section 6.01(a)(4) for any Payment Default or cross-acceleration default
that may otherwise occur as a result of a “change of control” that is also a Permitted Change of Control so long as such other debt is repaid or re-financed, or a waiver or consent is granted with
respect thereto, promptly (which shall include the duration of any applicable cure period) after such change of control is consummated. 
 Section 6.02
Acceleration. 
 (a) In the case of an Event of Default specified in Sections 6.01(a)(6) or 6.01(a)(7) with respect to
either the Parent Guarantor any Domestic Restricted Subsidiary that is a Significant Subsidiary or any group of Domestic Restricted Subsidiaries that, taken together, would constitute a Significant Subsidiary, all outstanding principal of the Notes
and any accrued but unpaid interest thereon will become due and payable immediately without further action or notice. If any other Event of Default occurs and is continuing, the Trustee or, subject to Section 9.03, the Holders of at least 30%
in aggregate principal amount of the then outstanding Notes by notice to the Parent Guarantor (with a copy to the Trustee if given by Holders of Notes) may declare all outstanding principal of the Notes and any accrued but unpaid interest thereon)
to be due and payable immediately. 
 (b) Subject to certain limitations, Holders of a majority in aggregate principal amount
of the then outstanding Notes may direct the Trustee in its exercise of any trust or power. The Trustee may withhold from Holders of the Notes notice of any continuing Default or Event of Default if it determines that withholding notice is in their
interest, except a Default or Event of Default relating to the payment of principal of, premium on, if any, and interest, if any. 

(c) In the event of a declaration of acceleration of the Notes because an Event of Default has occurred and is continuing as a
result of the acceleration of any Indebtedness described in Section 6.01(a)(4) (excluding any resulting payment default under this Indenture or the Notes), the declaration of acceleration of the Notes shall be automatically annulled if the
Holders of all Indebtedness described in Section 6.01(a)(4) have rescinded the declaration of acceleration in respect of such Indebtedness within 30 days of the date of such declaration of acceleration of the Notes, and if the annulment of the
acceleration of the Notes would not conflict with any judgment or decree of a court of competent jurisdiction, and all existing Events of Default, except non-payment of principal or interest on the Notes that
became due solely because of the acceleration of the Notes, have been cured or waived and all amounts owing to the Trustee have been paid. 

Section 6.03 Other Remedies. 

(a) If an Event of Default occurs and is continuing, the Trustee may pursue any available remedy to collect the payment of
principal of, premium on, if any, or interest on, the Notes or to enforce the performance of any provision of the Notes or this Indenture. 

(b) The Trustee may maintain a proceeding even if it does not possess any of the Notes or does not produce any of them in the
proceeding. A delay or omission by the Trustee or any Holder of a Note in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. All
remedies are cumulative to the extent permitted by law. 

  
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 Section 6.04 Waiver of Past Defaults. 

(a) The Holders of a majority in aggregate principal amount of the then outstanding Notes by written notice to the Trustee may,
on behalf of the Holders of all of the Notes, rescind an acceleration or waive any existing Default or Event of Default and its consequences under this Indenture, if the rescission would not conflict with any judgment or decree, except a continuing
Default or Event of Default specified in Sections 6.01(a)(1) or 6.01(a)(2) (except nonpayment of principal, premium, if any, or interest on the Notes that became due solely because of the acceleration of the Notes). 

(b) If a Default for a failure to report or failure to deliver a required certificate in connection with another default (the
“Initial Default”) occurs, then at the time such Initial Default is cured, such Default for a failure to report or failure to deliver a required certificate in connection with another default that resulted solely because of that
Initial Default will also be cured without any further action. Any Default or Event of Default for the failure to comply with the time periods prescribed in Section 4.03 or otherwise to deliver any notice or certificate pursuant to any other
provision of this Indenture shall be deemed to be cured upon the delivery of any such report required by such covenant or such notice or certificate, as applicable, even though such delivery is not within the prescribed period specified in this
Indenture. Any time period in this Indenture to cure any actual or alleged Default or Event of Default may be extended or stayed by a court of competent jurisdiction. 

Section 6.05 Control by Majority. 

Subject to Section 9.03 and the provisions of the Intercreditor Agreements, Holders of a majority in aggregate principal amount of the
then outstanding Notes may direct the time, method and place of conducting any proceeding for exercising any remedy available to the Trustee or the Collateral Agent or of exercising any trust or power conferred on the Trustee or the Collateral
Agent. However, the Trustee or the Collateral Agent, as applicable, may refuse to follow any direction that conflicts with law or this Indenture, that the Trustee or the Collateral Agent, as applicable, determines may be unduly prejudicial to the
rights of other Holders of Notes or that may involve the Trustee or the Collateral Agent, as applicable, in personal liability. 
 Section 6.06
Limitation on Suits. 
 In case an Event of Default occurs and is continuing, the Trustee will be under no obligation to exercise any
of the rights or powers under this Indenture at the request or direction of any Holders of Notes unless such Holders have offered to the Trustee indemnity or security satisfactory to the Trustee against any loss, liability or expense. Except to
enforce the right to receive payment of principal, premium, if any, or interest, if any, when due, no Holder of a Note may pursue any remedy with respect to this Indenture, the Notes or any Note Guarantee unless: 

(1) such Holder has previously given the Trustee written notice that an Event of Default has occurred and is continuing; 

(2) subject to Section 9.03, Holders of at least 30% in aggregate principal amount of the then outstanding Notes make a
written request to the Trustee or the Collateral Agent, as applicable, to pursue the remedy; 
 (3) such Holder or Holders
offer and, if requested, provide to the Trustee or the Collateral Agent, as applicable, security or indemnity reasonably satisfactory to the Trustee or the Collateral Agent, as applicable, against any loss, liability or expense; 

(4) the Trustee or Collateral Agent, as applicable, does not comply with such request within 60 days after receipt of the
notice, request and the offer of security or indemnity; and 
 (5) during such 60-day
period, Holders of a majority in aggregate principal amount of the then outstanding Notes do not give the Trustee or the Collateral Agent, as applicable, a direction inconsistent with such request. 

  
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 A Holder of a Note may not use this Indenture to prejudice the rights of another Holder of a
Note or to obtain a preference or priority over another Holder of a Note. 
 Section 6.07 Rights of Holders of Notes to Receive Payment. 

Notwithstanding any other provision of this Indenture, the right of any Holder of a Note to receive payment of principal of, premium on, if
any, or interest on, the Note, on or after the respective due dates expressed or provided for in the Note (including in connection with an Asset Sale Offer or a Change of Control Offer), or to bring suit for the enforcement of any such payment on or
after such respective dates, shall not be impaired or affected without the consent of such Holder. 
 Section 6.08 Collection Suit by Trustee.

 If an Event of Default specified in Sections 6.01(a)(1) or 6.01(a)(2) occurs and is continuing, each of the Trustee is authorized to
recover judgment in its own name and as trustee of an express trust against the Co-Issuers or any Guarantor for the whole amount of principal of, premium on, if any, and interest remaining unpaid on, the Notes
and interest on overdue principal and, to the extent lawful, interest and such further amount as shall be sufficient to cover the costs and expenses of collection, including the reasonable compensation, expenses, disbursements and advances of each
of the Trustee, its agents and counsel. 
 Section 6.09 Restoration of Rights and Remedies. 

If either of the Trustee or any Holder has instituted any proceeding to enforce any right or remedy under this Indenture and such proceeding
has been determined or abandoned for any reason, or has been determined adversely to such Trustee or to such Holder, then and in every such case, subject to any determination in such proceedings or any other proceedings, the Co-Issuers, any Guarantor, the Trustee and the Holders shall be restored severally and respectively to their former positions hereunder and thereafter all rights and remedies hereunder of the Trustee and the Holders
shall continue as though no such proceeding had been instituted. 
 Section 6.10 Trustee May File Proofs of Claim. 

Each of the Trustee is authorized to file such proofs of claim and other papers or documents as may be necessary or advisable in order to have
the claims of such Trustee (including any claim for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel) and the Holders of the Notes allowed in any judicial proceedings relative to the Co-Issuers or any Guarantor (or any other obligor upon the Notes), its creditors or its property and shall be entitled and empowered to collect, receive and distribute any money or other property payable or
deliverable on any such claims and any custodian in any such judicial proceeding is hereby authorized by each Holder to make such payments to the Trustee, and in the event that the Trustee shall consent to the making of such payments directly to the
Holders, to pay to the Trustee any amount due to it for the reasonable compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.06. To the extent that the
payment of any such compensation, expenses, disbursements and advances of the Trustee, its agents and counsel, and any other amounts due the Trustee under Section 7.06 out of the estate in any such proceeding, shall be denied for any reason,
payment of the same shall be secured by a Lien on, and shall be paid out of, any and all distributions, dividends, money, securities and other properties that the Holders may be entitled to receive in such proceeding whether in liquidation or under
any plan of reorganization or arrangement or otherwise. Nothing herein contained shall be deemed to authorize the Trustee to authorize or consent to or accept or adopt on behalf of any Holder any plan of reorganization, arrangement, adjustment,
composition or proposal affecting the Notes or the rights of any Holder, or to authorize the Trustee to vote in respect of the claim of any Holder in any such proceeding. 

  
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 Section 6.11 Priorities. 

Subject to the provisions of the Intercreditor Agreements, if the Trustee collects any money pursuant to this Article 6, including upon
exercises of remedies on the Collateral, it shall pay out the money in the following order: 
 First: to each of the
Trustee and the Collateral Agent, its agents and attorneys for amounts due under Section 7.06, including payment of all compensation, expenses and liabilities incurred, and all advances made, by the Trustee and the costs and expenses of
collection; 
 Second: to Holders of Notes for amounts due and unpaid on the Notes for principal, premium, if any, and
interest, if any, ratably, without preference or priority of any kind, according to the amounts due and payable on the Notes for principal, premium, if any, and interest, if any, respectively; and 

Third: to the Co-Issuers or to such party as a court of competent jurisdiction
shall direct. 
 The Trustee, upon written notice to the Co-Issuers, may fix a record date and
payment date for any payment to Holders of Notes pursuant to this Section 6.11. 
 Section 6.12 Undertaking for Costs. 

In any suit for the enforcement of any right or remedy under this Indenture or in any suit against the Trustee for any action taken or omitted
by it as the Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs, including reasonable
attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section 6.12 does not apply to a suit by the Trustee, a suit by
a Holder of a Note pursuant to Section 6.07, or a suit by Holders of more than 10% in aggregate principal amount of the then outstanding Notes. 

ARTICLE 7 
 TRUSTEE 

Section 7.01 Duties of Trustee. 

(a) If an Event of Default has occurred and is continuing, each of the Trustee will exercise such of the rights and powers
vested in it by this Indenture, and use the same degree of care and skill in its exercise, as a prudent person would exercise or use under the circumstances in the conduct of such person’s own affairs. 

(b) Except during the continuance of an Event of Default: 

(1) the duties of the Trustee will be determined solely by the express provisions of this Indenture and the Trustee need
perform only those duties that are specifically set forth in this Indenture and no others, and no implied covenants or obligations shall be read into this Indenture against the Trustee; and 

(2) in the absence of bad faith on its part, each of the Trustee may conclusively rely, as to the truth of the statements and
the correctness of the opinions expressed therein, upon certificates or opinions furnished to the Trustee and conforming to the requirements of this Indenture. However, the Trustee will examine the certificates and opinions to determine whether or
not they conform to the requirements of this Indenture (however the Trustee shall have no obligation to verify the mathematical calculations contained therein). 

(c) The Trustee may not be relieved from liabilities for its own negligent action, its own negligent failure to act, or its own
willful misconduct, except that: 
 (1) this paragraph does not limit the effect of Section 7.01(b); 

  
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 (2) the Trustee will not be liable for any error of judgment made in good
faith by a Responsible Officer, unless it is proved that the Trustee was negligent in ascertaining the pertinent facts; and 

(3) the Trustee will not be liable with respect to any action it takes or omits to take in good faith in accordance with a
direction received by it pursuant to Section 6.05. 
 (d) Whether or not therein expressly so provided, every provision
of this Indenture that in any way relates to the Trustee is subject to Sections 7.01(a), 7.01(b) and 7.01(c). 
 (e) No
provision of this Indenture will require the Trustee to expend or risk its own funds or incur any liability. The Trustee will be under no obligation to exercise any of their rights or powers under this Indenture at the request or direction of any
Holders, unless such Holder has offered to the Trustee reasonable indemnity or security satisfactory to them against any loss, liability or expense that might be incurred by it in compliance with such request or direction. 

(f) The Trustee will not be liable for interest on any money received by them except as the Trustee may agree in writing with
the Co-Issuers. Money held in trust by the Trustee need not be segregated from other funds except to the extent required by law. The Trustee shall have no obligation to invest funds received by them pursuant
to this Indenture. 
 Section 7.02 Rights of Trustee. 

(a) The Trustee may conclusively rely upon any document (whether in its original, electronic or facsimile form) believed by
them to be genuine and to have been signed or presented by the proper Person. The Trustee need not investigate any fact or matter stated in the document. 

(b) Before the Trustee act or refrain from acting, they may require an Officer’s Certificate or an Opinion of Counsel or
both (other than as specified in Section 9.01(b)). The Trustee will not be liable for any action they take or omit to take in good faith in reliance on such Officer’s Certificate or Opinion of Counsel. The Trustee may consult with counsel
and the advice of such counsel or any Opinion of Counsel will be full and complete authorization and protection from liability in respect of any action taken, suffered or omitted by them hereunder in good faith and in reliance thereon. 

(c) The Trustee may act through their attorneys, agents and other experts or assistants and will not be responsible for the
misconduct or negligence of any such person appointed with due care. 
 (d) The Trustee will not be liable for any action
they take or omit to take in good faith that they believe to be authorized or within the rights or powers conferred upon them by this Indenture. 

(e) Unless otherwise specifically provided in this Indenture, any demand, request, direction or notice from the Co-Issuers will be sufficient if signed by an Officer of each Co-Issuer. 

(f) The Trustee will be under no obligation to exercise any of the rights or powers vested in them by this Indenture or the
Notes at the request or direction of any of the Holders unless such Holders have offered to the Trustee reasonable indemnity or security satisfactory to the Trustee against the losses, liabilities and expenses that might be incurred by them in
compliance with such request or direction. 
 (g) The Trustee shall not be required to give any note, bond or surety in
respect of the trusts and powers under this Indenture. 
 (h) The Trustee may request that the
Co-Issuers deliver an Officer’s Certificate setting forth the names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which
Officer’s Certificate may be signed by any person authorized to sign an Officer’s Certificate, including any person specified as so authorized in such certificate previously delivered and not superseded. 

  
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 (i) Except with respect to receipt of payments of principal and interest on
the Notes payable by the Co-Issuers pursuant to Section 4.01 and any Default or Event of Default information contained in the Officer’s Certificate delivered to them pursuant to Section 4.04,
the Trustee shall have no duty to monitor the Co-Issuers’ or the Guarantors’ compliance with or the breach of any representation, warranty or covenant made in this Indenture. 

(j) Delivery of reports, information and documents to the Trustee described in Section 4.03 is for informational purposes
only and the Trustee’ receipt of such shall not constitute constructive notice of any information contained therein or determinable from information contained therein, including the Co-Issuers’ or the Guarantors’ compliance with any
of its covenants hereunder (as to which the Trustee is entitled to rely conclusively on Officer’s Certificates). The Trustee is under no duty to examine such reports, information or documents to ensure compliance with the provision of this
Indenture or to ascertain the correctness or otherwise of the information or the statements contained therein. 
 (k) In no
event shall the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee have been advised of the
likelihood of such loss or damage and regardless of the form of action. 
 (l) The Trustee shall not be deemed to have notice
of any Default or Event of Default unless a Responsible Officer of the Trustee has received written notice of any event which is in fact such a default at the Corporate Trust Office of the Trustee, and such notice references the Notes and this
Indenture. 
 (m) The rights, privileges, protections, immunities and benefits given to the Trustee, including, without
limitation, their right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of their capacities hereunder, including, without limitation, in Ankura Trust Company, LLC’s capacity as Collateral Agent, and each
agent, custodian and other Person employed to act hereunder, including the Collateral Agent. 
 (n) Neither the Trustee nor
the Registrar shall have any obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture or the Private Placement Legend or under applicable law with respect to any transfer of
any interest in any Note (including any transfers between or among Depositary participants, members or beneficial owners in any Global Note) other than to require delivery of such certificates and other documentation or evidence as are expressly
required by, and to do so if and when expressly required by, the terms of this Indenture, and to examine the same to determine substantial compliance as to form with the express requirements hereof. 

(o) The Trustee shall not be deemed to have knowledge of any fact or matter unless such fact or matter is known to a
Responsible Officer of the Trustee. 
 (p) Whenever in the administration of this Indenture or the Notes the Trustee shall
deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder or thereunder, the Trustee (unless other evidence be herein specifically prescribed) may, in the absence of bad faith or willful
misconduct on its part conclusively rely upon an Officer’s Certificate. 
 (q) The permissive rights of the Trustee
enumerated herein and under the Security Documents shall not be construed as duties of the Trustee. 
 Section 7.03 Individual Rights of
Trustee. 
 Each of the Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal
with the Co-Issuers or any Affiliate of the Co-Issuers with the same rights it would have if it were not the Trustee. However, in the event that the Trustee acquires any
conflicting interest as defined in the TIA it must eliminate such conflict within 90 days or resign. Any Agent may do the same with like rights and duties. The Trustee is also subject to Sections 7.09 and 7.10. 

  
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 Section 7.04 Trustee’s Disclaimer. 

The Trustee will not be responsible for and make no representation as to the validity or adequacy of this Indenture or the Notes, they shall
not be accountable for the Co-Issuers’ use of the proceeds from the Notes or any money paid to the Co-Issuers or upon the
Co-Issuers’ direction under any provision of this Indenture, they will not be responsible for the use or application of any money received by any Paying Agent other than the Trustee, and they will not be
responsible for any statement or recital herein or any statement in the Notes or any other document in connection with the sale of the Notes or pursuant to this Indenture other than their certificate of authentication. 

Section 7.05 Notice of Defaults. 
 If
a Default or Event of Default occurs and is continuing and if it is known to the Trustee, the Trustee will send to Holders of Notes a notice of the Default or Event of Default within 90 days after the Trustee obtain knowledge thereof. Except in the
case of a Default or Event of Default in payment of principal of, premium on, if any, or interest on, any Note, the Trustee may withhold the notice if and so long as a committee of the Trustee’s Responsible Officers in good faith determines
that withholding the notice is in the interests of the Holders of the Notes. 
 Section 7.06 Compensation and Indemnity. 

(a) The Co-Issuers will pay to the Trustee from time to time such compensation as is
agreed to in writing by the Co-Issuers and the Trustee for their acceptance of this Indenture and services hereunder. The Trustee’ compensation will not be limited by any law on compensation of a trustee
of an express trust. The Co-Issuers will reimburse the Trustee promptly upon request for all reasonable out-of-pocket
disbursements, advances and expenses incurred or made by them in addition to the compensation for their services except for any such disbursements, advance or expense as shall have been caused by the requesting Trustee’s, as the case may be,
negligence or willful misconduct, as determined by a final order of a court of competent jurisdiction. Such expenses will include the reasonable out-of-pocket compensation, disbursements and expenses of the
Trustee’ agents, experts and counsel. Any amount due and owing pursuant to the Trustee’ fee that remains unpaid by the Co-Issuers 30 days after request for payment will bear interest from the
expiration of such period at a rate per annum equal to the then current rate charged by the Trustee, payable by the Co-Issuers on demand by the Trustee. 

(b) The Co-Issuers and the Guarantors will indemnify on a joint and several basis each
of the Trustee (including its officers, directors, employees and agents) and save them harmless against all actions, proceedings, liability, claims, damages, costs and expenses (including reasonable expert consultant and legal fees and disbursements
on a solicitor and client basis) whatsoever arising out of or in connection with the acceptance or administration of their duties under this Indenture, including the reasonable costs and expenses of enforcing this Indenture against the Co-Issuers and the Guarantors (including this Section 7.06) and defending itself against any claim (whether asserted by the Co-Issuers, the Guarantors, any Holder or any
other Person) or liability in connection with the exercise or performance of any of their respective powers or duties hereunder, except to the extent any such loss, liability or expense may be attributable to its negligence or willful misconduct.
Neither the Co-Issuers nor any Guarantor need pay for any settlement made without its consent, which consent will not be unreasonably withheld. 

(c) The obligations of the Co-Issuers and the Guarantors under this Section 7.06
will survive the satisfaction and discharge of this Indenture and the resignation or removal of the Trustee. 
 (d) To
secure the Co-Issuers’ and the Guarantors’ payment obligations in this Section 7.06, the Trustee will have a Lien prior to the Notes on all money or property held or collected by the Trustee,
except that held in trust to pay principal of, premium on, if any, or interest on, particular Notes. Such Lien will survive the satisfaction and discharge of this Indenture and the resignation or removal of the Trustee. The Trustee’ respective
rights to receive payment of any amounts due under this Section 7.06 shall not be subordinate to any other liability or Indebtedness of the Co-Issuers. 

  
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 (e) Without prejudice to any other rights available to the Trustee under
applicable law, when the Trustee incur expenses or render services after an Event of Default specified in Sections 6.01(a)(6) and 6.01(a)(7)occurs, the expenses and the compensation for the services (including the fees and expenses of its agents and
counsel) are intended to constitute expenses of administration under any Bankruptcy Law. 
 Section 7.07 Replacement of Trustee. 

(a) A resignation or removal of the Trustee and appointment of a successor Trustee will become effective only upon the
successor Trustee’s acceptance of appointment as provided in this Section 7.07. 
 (b) The Trustee may resign at
any time upon 30 days’ prior written notice to the Co-Issuers and be discharged from the trust hereby created by so notifying the Co-Issuers. The Holders of a
majority in aggregate principal amount of the then outstanding Notes may remove the Trustee upon 30 days written notice to the Trustee and the Co-Issuers. The Co-Issuers
may remove the Trustee if: 
 (1) the Trustee fails to comply with Section 7.09; 

(2) the Trustee is adjudged a bankrupt or an insolvent or an order for relief is entered with respect to the Trustee under any
Bankruptcy Law; 
 (3) a custodian or public officer takes charge of the Trustee or its property; or 

(4) the Trustee becomes incapable of acting. 

(c) If the Trustee resigns or is removed or if a vacancy exists in the office of Trustee for any reason, the Co-Issuers will promptly appoint a successor Trustee. Within one year after the successor Trustee takes office, the Holders of a majority in aggregate principal amount of the then outstanding Notes may appoint a
successor Trustee to replace the successor Trustee appointed by the Co-Issuers. 

(d) If a successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed, the Co-Issuers, the retiring Trustee, or the Holders of at least 10% in aggregate principal amount of the then outstanding Notes may, in each case at the expense of the Issuers, petition any court of competent
jurisdiction for the appointment of a successor Trustee. 
 (e) If the Trustee, after written request by any Holder who has
been a Holder for at least six months, fails to comply with Section 7.09, such Holder may petition any court of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 

(f) A successor Trustee will deliver a written acceptance of its appointment to the retiring Trustee and to the Co-Issuers. Thereupon, the resignation or removal of the retiring Trustee will become effective, and the successor Trustee will have all the rights, powers and duties of the Trustee under this Indenture. The
successor Trustee will send a notice of its succession to Holders. The retiring Trustee will promptly transfer all property held by it as Trustee to the successor Trustee; provided all sums owing to the Trustee hereunder have been paid and
subject to the Lien provided for in Section 7.06. Notwithstanding replacement of the Trustee pursuant to this Section 7.07, the Co-Issuers’ and the Guarantors’ obligations under
Section 7.06 will continue for the benefit of the retiring Trustee. 
 Section 7.08 Successor Trustee by Merger, etc. 

If the Trustee consolidates, merges, amalgamates or converts into, or transfers all or substantially all of its corporate trust business to,
another corporation, the successor corporation without any further act will be the successor Trustee. 

  
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 Section 7.09 Eligibility; Disqualification. 

There will at all times be the Trustee hereunder that is a corporation or national banking association organized and doing business under the
laws of the United States of America or of any state thereof that is authorized under such laws to exercise corporate trustee power, that is subject to supervision or examination by federal or state authorities and that has a combined capital and
surplus as required by Section 310(a)(2) of the Trust Indenture Act. 
 Section 7.10 Security Documents; Intercreditor Agreements. 

By their acceptance of the Notes, the Holders hereby authorize and direct the Trustee and the Collateral Agent, as the case may be, to execute
and deliver the Intercreditor Agreements and any other Security Documents in which either of the Trustee or the Collateral Agent, as applicable, is named as a party, including any Security Documents executed after the Issue Date. It is hereby
expressly acknowledged and agreed that, in doing so, the Trustee and the Collateral Agent are not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose.
Whether or not so expressly stated therein, in entering into, or taking (or forbearing from) any action under, the Intercreditor Agreements or any other Security Documents, each of the Trustee and the Collateral Agent shall have all of the rights,
immunities, indemnities and other protections granted to it under this Indenture (in addition to those that may be granted to it under the terms of such other agreement or agreements). 

Section 7.11 Anti-Money Laundering. 

The Trustee shall retain the right not to act and shall not be liable for refusing to act if, due to a lack of information or for any other
reason whatsoever, the Trustee, in their sole judgment, determine that such act might cause them to be in non-compliance with any applicable anti-money laundering, anti-terrorist financings or economic
sanctions legislation, regulation or guideline. Further, should the Trustee, in their sole judgment, determine at any time that their acting under this Indenture has resulted in their being in non-compliance
with any applicable anti-money laundering, anti-terrorist financing or economic sanctions legislation, regulation or guideline, then they shall have the right to resign on 10 days’ written notice to the
Co-Issuers, provided the (i) the Trustee’ written notice shall describe the circumstances of such non-compliance, and (ii) if such circumstances are
rectified to the Trustee’ satisfaction within such 10-day period, then such resignation shall not be effective. 

Section 7.12 Limitation on Duty of Trustee in Respect of Collateral; Indemnification.  

(a) Beyond the exercise of reasonable care in the custody thereof, the Trustee shall have no duty as to any Collateral in their
possession or control or in the possession or control of any agent or bailee or any income thereon or as to preservation of rights against prior parties or any other rights pertaining thereto and the Trustee shall not be responsible for filing any
financing or continuation statements or recording any documents or instruments in any public office at any time or times or otherwise perfecting or maintaining the perfection of any security interest in the Collateral. The Trustee shall be deemed to
have exercised reasonable care in the custody of the Collateral in their possession if the Collateral is accorded treatment substantially equal to that which the Trustee accords its own property and shall not be liable or responsible for any loss or
diminution in the value of any of the Collateral, by reason of the act or omission of any carrier, forwarding agency or other agent or bailee selected by the Trustee in good faith. 

(b) Neither Trustee nor the Collateral Agent shall be responsible for the existence, genuineness or value of any of the
Collateral or for the validity, perfection, priority or enforceability of the Liens in any of the Collateral, whether impaired by operation of law or by reason of any action or omission to act on its part hereunder, except to the extent such action
or omission constitutes gross negligence, bad faith or willful misconduct on the part of the Trustee and Collateral Agent, as determined by a final order of a court of competent jurisdiction, for the validity or sufficiency of the Collateral or any
agreement or assignment contained therein, for the validity of the title of the Co-Issuers to the Collateral, for insuring the Collateral or for the payment of taxes, charges, assessments or Liens upon the
Collateral or otherwise as to the maintenance of the Collateral. The Trustee shall have no duty to ascertain or inquire as to the performance or observance of any of the terms of this Indenture or the Security Documents by the Co-Issuers, the Guarantors, the ABL Collateral Agent, or any other ABL Secured Parties or Additional First Lien Secured Parties. 

  
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 ARTICLE 8 

LEGAL DEFEASANCE AND COVENANT DEFEASANCE 

Section 8.01 Option to Effect Legal Defeasance and Covenant Defeasance. 

The Co-Issuers may at any time, at the option of the Board of Directors of the Company evidenced by
resolutions set forth in an Officer’s Certificate, elect to have either Section 8.02 or 8.03 applied to all outstanding Notes (including the Note Guarantees) upon compliance with the conditions set forth below in this Article 8. 

Section 8.02 Legal Defeasance and Discharge. 

Upon the Co-Issuers’ exercise under Section 8.01 of the option applicable to this
Section 8.02, the Co-Issuers and each of the Guarantors, if any, will, subject to the satisfaction of the conditions set forth in Section 8.04, be deemed to have been discharged from their
obligations with respect to all outstanding Notes (including the Note Guarantees) on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Co-Issuers and the Guarantors, if any, will be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes (including the Note Guarantees), which will thereafter be deemed to be
“outstanding” only for the purposes of Section 8.05 and the other Sections of this Indenture referred to in clauses (1) and (2) below, and to have satisfied all their other obligations under such Notes, the Note Guarantees and
this Indenture (and the Trustee, on demand of and at the expense of the Parent Guarantor, shall execute proper instruments acknowledging the same), except for the following provisions which will survive until otherwise terminated or discharged
hereunder. 
 (1) the rights of Holders of outstanding Notes to receive payments in respect of the principal of, premium on,
if any, and interest, if any, on, such Notes when such payments are due from the trust referred to in Section 8.04; 

(2) the Co-Issuers’ obligations with respect to such Notes under Sections 2.06,
2.07 and 4.02; 
 (3) the rights, powers, trusts, duties and immunities of the Trustee under this Indenture, and the Co-Issuers’ and the Guarantors’, if any, obligations in connection therewith (including without limitation, those contained in Article 7); and 

(4) this Article 8. Subject to compliance with this Article 8, the Co-Issuers may
exercise its option under this Section 8.02 notwithstanding the prior exercise of their option under Section 8.03. Notwithstanding anything to the contrary contained herein, the Co-Issuer’s and
the Guarantors’ obligations under Section 7.06 shall survive a Legal Defeasance. 
 Section 8.03 Covenant Defeasance. 

Upon the Co-Issuer’s exercise under Section 8.01 of the option applicable to this
Section 8.03, the Co-Issuers and the Guarantors will, subject to the satisfaction of the conditions set forth in Section 8.04, be released from each of their obligations under the covenants contained
in Sections 4.03, 4.04, 4.05, 4.07, 4.08, 4.09, 4.10, 4.11, 4.12, 4.13, 4.14 and 4.15 and Section 5.01(a)(3) with respect to the outstanding Notes on and after the date the conditions set forth in Section 8.04 are satisfied (hereinafter,
“Covenant Defeasance”), the Note Guarantees will be released pursuant to Section 10.05 and the Notes and Note Guarantees will thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent
or declaration or act of Holders (and the consequences of any thereof) in connection with such covenants, but will continue to be deemed “outstanding” for all other purposes hereunder (it being understood that such Notes and the Note
Guarantees will not be deemed outstanding for accounting purposes). For this purpose, Covenant Defeasance means that, with respect to the outstanding Notes and Note Guarantees, the Co-Issuers and the
Guarantors, if any, may omit to comply with and will have no liability in respect of any term, condition or limitation set forth in any such covenant, whether directly or indirectly, by reason of any reference elsewhere herein to any such covenant
or by reason of any reference in any such covenant to any other provision herein or in any other document and such omission to comply will not constitute a Default or an Event of Default under Section 6.01, but, 

  
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 except as specified above, the remainder of this Indenture and such Notes and Note Guarantees will be
unaffected thereby. In addition, upon the Co-Issuer’s exercise under Section 8.01 of the option applicable to this Section 8.03, subject to the satisfaction of the conditions set forth in
Section 8.04, Sections 6.01(a)(3) (to the extent relating to the covenants that are subject to Covenant Defeasance), 6.01(a)(4), 6.01(a)(5), 6.01(a)(8) and 6.01(a)(9) will not constitute Events of Default. Notwithstanding anything to the
contrary contained herein, the Co-Issuers’ and the Guarantors’ obligations under Section 7.06 shall survive a Covenant Defeasance. 

Section 8.04 Conditions to Legal or Covenant Defeasance. 

In order to exercise either Legal Defeasance or Covenant Defeasance under either Section 8.02 or 8.03: 

(1) the Co-Issuers must irrevocably deposit with the Trustee or the Trustee for the
benefit of the Holders of the Notes, cash in U.S. dollars in an amount, non-callable Government Securities, the scheduled payments of principal of and interest thereon will be in an amount, or a combination
thereof in amounts, as will be sufficient, without consideration of any reinvestment of interest, in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public accountants, to pay the principal of, premium
on, if any, and interest, if any, on, the outstanding notes to the stated date for payment thereof or to the applicable redemption date, as the case may be, and all interest, if any, accrued to such dates, and the
Co-Issuers must specify whether the Notes are being defeased to such stated date for payment or to a particular redemption date; 

(2) in the case of an election under Section 8.02, the Co-Issuers must deliver to
the Trustee an Opinion of Counsel reasonably acceptable to the Trustee confirming that: (a) the Co-Issuers have received from, or there has been published by, the Internal Revenue Service a ruling; or
(b) since the date of this Indenture, there has been a change in the applicable federal income tax law, in either case to the effect that, and based thereon such Opinion of Counsel will confirm that, the Holders of the outstanding Notes will
not recognize income, gain or loss for U.S. federal income tax purposes as a result of such Legal Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same times as would have been the case if
such Legal Defeasance had not occurred;     
 (3) in the case of an election under Section 8.03,
the Co-Issuers must deliver to the Trustee an Opinion of Counsel reasonably acceptable to the Trustee confirming that the Holders of the outstanding notes will not recognize income, gain or loss for U.S.
federal income tax purposes as a result of such Covenant Defeasance and will be subject to U.S. federal income tax on the same amounts, in the same manner and at the same time, as would have been the case if such Covenant Defeasance had not
occurred; 
 (4) no Default or Event of Default has occurred and is continuing on the date of such deposit (other than a
Default or Event of Default resulting from the borrowing of funds to be applied to such deposit (and any similar concurrent deposit relating to other Indebtedness), and the granting of Liens to secure such borrowings); 

(5) such Legal Defeasance or Covenant Defeasance will not result in a breach or violation of, or constitute a default under,
any material agreement or instrument (other than this Indenture and the agreements governing any other Indebtedness being defeased, discharged or replaced) to which either of the Co-Issuers or any of the
Guarantors is a party or by which the Co-Issuers or any of the Guarantors is bound; 

(6) the Co-Issuers must deliver to the Trustee an Officer’s Certificate stating
that the deposit was not made by the Co-Issuers with the intent of preferring the Holders of Notes over the other creditors of the Co-Issuers with the intent of
defeating, hindering, delaying or defrauding any creditors of the Co-Issuers or others; and 

(7) Co-Issuers must deliver to the Trustee an Officer’s Certificate and an Opinion
of Counsel, each stating that all conditions precedent relating to the Legal Defeasance or the Covenant Defeasance have been complied with. 

  
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 The Collateral will be released from the Lien securing the Notes, as provided in
Section 12.02, upon a defeasance in accordance with the provisions described above. 
 Section 8.05 Deposited Money and Government Securities
to be Held in Trust; Other Miscellaneous Provisions. 
 Subject to Section 8.06, all money and
non-callable Government Securities (including the proceeds thereof) deposited with the Trustee pursuant to Section 8.04 in respect of the outstanding Notes will be held in trust and applied by the
Trustee, in accordance with the provisions of such Notes and this Indenture, to the payment, either directly or through any Paying Agent (including either of the Co-Issuers acting as Paying Agent) as the
Trustee may determine, to the Holders of such Notes of all sums due and to become due thereon in respect of principal, premium, if any, and interest, if any, but such money need not be segregated from other funds except to the extent required by
law. 
 The Co-Issuers will pay and indemnify the Trustee against any tax, fee or other charge
imposed on or assessed against the cash or non-callable Government Securities deposited pursuant to Section 8.04 or the principal and interest received in respect thereof other than any such tax, fee or
other charge which by law is for the account of the Holders of the outstanding Notes. 
 Notwithstanding anything in this Article 8 to the
contrary, the Trustee will deliver or pay to the Co-Issuers from time to time upon the written request of the Co-Issuers any money or
non-callable Government Securities held by them as provided in Section 8.04 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification
thereof delivered to the Trustee (which may be the opinion delivered under Section 8.04(a)(1)), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance.

 Section 8.06 Repayment to the Co-Issuers. 

Any money deposited with the Trustee or any Paying Agent, or then held by the Co-Issuers, in trust for
the payment of the principal of, premium on, if any, or interest, if any, on, any Note and remaining unclaimed for two years after such principal, premium, if any, or interest, if any, has become due and payable shall be paid to the Co-Issuers on their request or (if then held by the Co-Issuers) will be discharged from such trust; and the Holder of such Note will thereafter be permitted to look only to
the Co-Issuers for payment thereof, and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Co-Issuers as
trustee thereof, will thereupon cease; provided, however, that the Trustee or such Paying Agent, before being required to make any such repayment, may at the expense of the Co-Issuers
cause to be published once, in The New York Times and The Wall Street Journal (national edition), notice that such money remains unclaimed and that, after a date specified therein, which will not be less than 30 days from the date of such
notification or publication, any unclaimed balance of such money then remaining will be repaid to the Co-Issuers. 

Section 8.07 Reinstatement. 
 If the
Trustee or Paying Agent is unable to apply any U.S. dollars or non-callable Government Securities in accordance with Section 8.02 or 8.03, as the case may be, by reason of any order or judgment of any
court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Co-Issuers’ and the Guarantors’ obligations under this Indenture and the Notes and the Note
Guarantees will be revived and reinstated as though no deposit had occurred pursuant to Sections 8.02 or 8.03 until such time as the Trustee or Paying Agent are permitted to apply all such money in accordance with Sections 8.02 or 8.03, as the case
may be; provided, however, that, if the Co-Issuers make any payment of principal of, premium on, if any, or interest, if any, on, any Note following the reinstatement of their obligations, the Co-Issuers will be subrogated to the rights of the Holders of such Notes to receive such payment from the money held by the Trustee or Paying Agent. 

  
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 ARTICLE 9 

AMENDMENT, SUPPLEMENT AND WAIVER 

Section 9.01 Without Consent of Holders of Notes. 

(a) Notwithstanding Section 9.02, without the consent of any Holder of Notes, the
Co-Issuers, the Guarantors, the Trustee and the Collateral Agent may amend or supplement this Indenture (including the form of agreements attached thereto as exhibits), the Notes, the Note Guarantees or the
Security Documents (including the form of agreements attached thereto as exhibits): 
 (1) to (a) cure any ambiguity,
omission, mistake, defect, error or inconsistency contained in this Indenture or reduce minimum denominations or (b) make such other provisions in regard to matters or questions arising under this Indenture, that shall not materially and
adversely affect the interests of the Holders of the Notes, as the Board of Directors of the Company may deem necessary or desirable; 

(2) to provide for uncertificated notes in addition to or in place of certificated notes or to alter the provisions of this
Indenture relating to the form of the Notes (including related definitions); 
 (3) to provide for the assumption of the Co-Issuers’ or any Guarantor’s obligations to Holders of Notes and Note Guarantees in the case of a merger, arrangement, amalgamation or consolidation or sale, assignment, transfer, conveyance, lease or
other disposition of all or substantially all of the Co-Issuers’ or such Guarantor’s assets, as applicable, including, without limitation, any amendment or supplement to provide for the tax gross-up and redemption provisions pursuant to Section 5.01(a)(1)(b); 
 (4) to make
any change that would provide any additional rights or benefits to the Holders of Notes or that does not adversely affect the legal rights under this Indenture of any Holder; 

(5) at the Co-Issuers’ election, to comply with requirements of the Commission in
order to effect or maintain the qualification of this Indenture under the Trust Indenture Act, if applicable or required; 

(6) to conform the text of this Indenture, the Notes, the Note Guarantees or the Security Documents to any provision of the
“Description of the Notes” section of the Offering Memorandum; 
 (7) to provide for the issuance of Additional
Notes, as determined in good faith by the Co-Issuer, in accordance with the limitations set forth in this Indenture; 

(8) to add an obligor or a Guarantor under this Indenture or allow any Guarantor to execute a supplemental indenture and/or a
Note Guarantee with respect to the Notes in accordance with the terms of this Indenture; 
 (9) to evidence and provide for
the acceptance and appointment under this Indenture of a successor Trustee or agent to provide for the accession by the Trustee or agent to any notes documentation; 

(10) to make any amendment to the provisions of this Indenture relating to the transfer and legending of Notes as permitted by
this Indenture, including, without limitation, to facilitate the issuance and administration of Notes; provided, however, that (i) compliance with this Indenture as so amended would not result in Notes being transferred in violation of the
Securities Act or any applicable securities law and (ii) such amendment does not adversely affect the rights of Holders to transfer Notes in any material respect; 

(11) to comply with the rules and procedures of any applicable securities depositary 

(12) to mortgage, pledge, hypothecate or grant any other Lien in favor of the Collateral Agent for the benefit of the Notes
Secured Parties, as additional security for the payment and performance of all or any portion of the Obligations in respect of the Notes, in any property or assets, including any which are required to be mortgaged, pledged or hypothecated, or in
which a Lien is required to be granted to or for the benefit of the Trustee or the Collateral Agent pursuant to this Indenture, any of the Security Documents or otherwise; 

  
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 (13) to release Collateral from the Lien of this Indenture and the Security
Documents when permitted or required by the Security Documents or this Indenture; and 
 (14) to add ABL Obligations,
Additional First Lien Obligations or Permitted Junior Lien Obligations and the Holders thereof and/or any representatives thereof and to add any additional Restricted Subsidiary that is a borrower, issuer or guarantor, as applicable, for any such
obligations to the Intercreditor Agreements. 
 (b) Upon the request of the
Co-Issuers, any Note Guarantee or any Security Document, and upon receipt by the Trustee of the documents described in Sections 9.06, 13.02 and 13.03, the Trustee and/or the Collateral Agent, as applicable,
will join with the Co-Issuers and the Guarantors, if any, in the execution of any amended or supplemental indenture or amendment or supplement of the Notes, any Note Guarantee, any Security Document or other
instrument, authorized or permitted by the terms of this Indenture and to make any further appropriate agreements and stipulations that may be therein contained, but the Trustee or the Collateral Agent, as applicable, will not be obligated to (but
may) enter into such amended or supplemental indenture or amendment or supplement of the Notes, any Note Guarantee, any Security Document or other instrument, that affects their own rights, duties or immunities under this Indenture or otherwise.
Notwithstanding the foregoing, neither an Opinion of Counsel nor an Officer’s Certificate shall be required in connection with the addition of a Guarantor under this Indenture upon execution and delivery by such Guarantor, the Trustee and the
Collateral Agent of a supplemental indenture to this Indenture, the form of which is attached as Exhibit E hereto and any supplement to the Security Documents and the Intercreditor Agreements in connection with the same. 

(c) Notwithstanding the foregoing, no Holder consent is required for the Collateral Agent to enter into, or to effect any
amendment, modification or supplement to any Intercreditor Agreement or other intercreditor agreement or arrangement permitted under, referred to in or contemplated by this Indenture or in any document pertaining to any Indebtedness permitted
thereby that is permitted to be secured by the Collateral, for the purpose of adding the holders of such Indebtedness (or their representative) as a party thereto and otherwise causing such Indebtedness to be subject thereto, in each case as
contemplated by the terms of any such Intercreditor Agreement or such other intercreditor agreement or arrangement permitted under, referred to in or contemplated by this Indenture (it being understood that any such amendment or supplement may make
such other changes to the applicable intercreditor agreement as, in the good faith determination of the Trustee or Collateral Agent, are required to effectuate the foregoing and provided that such other changes are not directly adverse, in any
material respect (taken as a whole), to the interests of the Holders of the Notes); provided, further, that no such agreement shall amend, modify or otherwise affect the rights or duties of the Trustee or Notes Collateral under this
Indenture without the prior written consent of the Trustee or Collateral Agent, as applicable. 
 Section 9.02 With Consent of Holder of Notes.

 (a) Except as provided in this Section 9.02, this Indenture (including the form of agreements attached thereto as
exhibits), the Notes, the Note Guarantees or the Security Documents (including the form of agreements attached thereto as exhibits) may be amended or supplemented with the consent of the Holders of at least a majority in an aggregate principal
amount of the then outstanding Notes other than the Notes beneficially owned by the Parent Guarantor or its Affiliates (including, without limitation, Additional Notes treated as the same class as the Initial Notes, if any) voting as a single class
(including, without limitation, consents obtained in connection with a tender offer or exchange offer for, or purchase of, the Notes), and any existing Default or Event of Default (other than a Default or Event of Default under Sections 6.01(a)(1)
or 6.01(a)(2), except a payment default resulting from an acceleration that has been rescinded) or compliance with any provision of this Indenture or the Notes or the Note Guarantees or the Security Documents may be waived with the consent of the
Holders of at least a majority in an aggregate principal amount of the then outstanding Notes subject to Section 2.09 (including, without limitation, Additional Notes treated as the same class as the Initial Notes, if any) voting as a single
class (including, without limitation, consents 

  
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 obtained in connection with a purchase of, or tender offer or exchange offer for, Notes);
provided that (x) if any such amendment or waiver will only affect one series of Notes (or less than all series of Notes) then outstanding under this Indenture, then only the consent of the Holders of a majority in principal amount of
the Notes of such series then outstanding (including, in each case, consents obtained in connection with a tender offer or exchange offer for Notes) shall be required and (y) if any such amendment or waiver by its terms will affect a series of
Notes in a manner different and materially adverse relative to the manner such amendment or waiver affects other series of Notes, then the consent of the Holders of a majority in principal amount of the Notes of such adversely affected series then
outstanding (including, in each case, consents obtained in connection with a tender offer or exchange offer for Notes) shall be required. Sections 2.08 and 2.09 shall determine which Notes are considered to be “outstanding” for purposes of
this Section 9.02. 
 (b) Upon the filing with the Trustee of evidence reasonably satisfactory to the Trustee of the
consent of the Holders of Notes as aforesaid, and upon receipt by the Trustee of the documents described in Sections 9.06, 13.02 and 13.03, the Trustee and/or the Collateral Agent, as applicable, will join with the
Co-Issuers and the Guarantors in the execution of such amended or supplemental indenture, Note Guarantee, Security Document or other instrument unless such amended or supplemental indenture, Note Guarantee,
Security Document or other instrument directly affects the Trustee’ and/or the Collateral Agent’s, as applicable, own rights, duties or immunities under this Indenture or otherwise, in which case the Trustee and/or the Collateral Agent may
in its discretion, but will not be obligated to, enter into such amended or supplemental indenture, Security Document or other instrument. 

(c) It is not necessary for the consent of the Holders of Notes under this Section 9.02 to approve the particular form of
any proposed amendment, supplement or waiver, but it is sufficient if such consent approves the substance thereof. A consent to any amendment or waiver under this Indenture by any Holder of Notes given in connection with a tender of such
Holder’s Notes will not be rendered invalid by such tender. 
 (d) After an amendment, supplement or waiver under this
Section 9.02 becomes effective, the Co-Issuers will send to the Holders of Notes affected thereby a notice briefly describing the amendment, supplement or waiver. Any failure of the Co-Issuers to send such notice, or any defect therein, will not, however, in any way impair or affect the validity of any such amended or supplemental indenture or waiver. Subject to Sections 6.04 and 6.07, the
Holders of a majority in aggregate principal amount of the Notes then outstanding voting as a single class may waive compliance in a particular instance by the Co-Issuers or Guarantors with any provision of
this Indenture, the Notes or any Note Guarantees. However, without the consent of each Holder of Notes affected, an amendment, supplement or waiver under this Section 9.02 may not (with respect to any Notes held by a non-consenting Holder): 
 (1) reduce the principal amount of Notes whose Holders must
consent to an amendment, supplement or waiver; 
 (2) reduce the principal of or change the fixed maturity of any Note or
alter or waive any of the provisions relating to the dates on which the Notes may be redeemed (other than altering or waiving any of the provisions relating to the dates for the redemption periods set forth in this Indenture to the extent that such
alteration or waiver does not adversely affect the Holders of the Notes) or the redemption price thereof with respect to the redemption of the Notes (other than provisions relating to Change of Control and Asset Sales); 

(3) reduce the rate of or change the time for payment of interest, including default interest, on any Note (other than
provisions relating to Change of Control and Asset Sales); 
 (4) waive a Default or Event of Default in the payment of
principal of, premium on, if any, or interest, if any, on, the Notes (except a rescission of acceleration of the Notes by the Holders of at least a majority in aggregate principal amount of the then outstanding Notes and a waiver of the payment
default that resulted from such acceleration); 
 (5) make any Note payable in anything other than U.S. dollars; 

  
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 (6) impair the right of any Holder to institute suit for the enforcement of
any payment of principal of and interest on such Holder’s Notes on or after the due dates therefor; or 
 (7) make any
change in the preceding amendment and waiver provisions. 
 (e) In addition, without the consent of the Holders of at least
662⁄3% in principal amount of Notes then outstanding, no amendment, supplement or waiver may modify any Security Document, the Intercreditor Agreements or the
provisions in this Indenture dealing with the Collateral or the Security Documents that would have the effect of releasing all or substantially all of the Collateral from the Liens of the Security Documents (except as permitted by the terms of this
Indenture, the Security Documents and the Intercreditor Agreements) or change or alter the priority of the Liens in the Collateral. 
 Section 9.03
Net Short Holders. 
 In connection with any determination as to whether the requisite Holders have (A) consented (or not
consented) to any amendment, modification or waiver of any provision of this Indenture, any Security Document or any Intercreditor Agreement or any departure by the Parent Guarantor or any Restricted Subsidiary therefrom, (B) otherwise acted on
any matter related to this Indenture, any Security Document or any Intercreditor Agreement or (C) directed or required the Trustee or the Collateral Agent to undertake any action (or refrain from taking any action) with respect to, or under,
this Indenture, any Security Document or any Intercreditor Agreement, any Holder (or any Affiliate of such Person (provided that for purposes of this paragraph, Affiliates shall not include Persons that are subject to customary procedures to prevent
the sharing of confidential information between such Holders and such Person and such Person is managed having independent fiduciary duties to the investors or other equityholders of such Person) (other than any Holder that is a Regulated Bank)
that, as a result of its (or its Affiliates’) interest in any total return swap, total rate of return swap, credit default swap or other derivative contract (other than any such total return swap, total rate of return swap, credit default swap
or other derivative contract entered into pursuant to bona fide market making activities), has a net short position on the date, if any, that such Holder consents to such amendment, modification or waiver or takes an action of the type specified in
clause (B) or (C) above (such later date, the “date of determination”) with respect to the Notes or with respect to any other tranche, class or series of Indebtedness for borrowed money incurred or issued by the Parent
Guarantor or any of its Restricted Subsidiaries on such date of determination (including commitments with respect to any revolving credit facility) (each such item of Indebtedness, including the Notes, “Specified Indebtedness”)
(each such Holder, a “Net Short Holder”) shall be deemed to have voted its interest as a Holder without discretion in the same proportion as the allocation of voting with respect to such matter by Holders who are not Net Short
Holders (including in any plan of reorganization). For purposes of determining whether a Holder (alone or together with its Affiliates) has a “net short position” on any date of determination: (i) derivative contracts with respect to
any Specified Indebtedness and such contracts that are the functional equivalent thereof shall be counted at the notional amount of such contract in Dollars, (ii) notional amounts in other currencies shall be converted to the Dollar equivalent
thereof by such Holder in a commercially reasonable manner consistent with generally accepted financial practices and based on the prevailing conversion rate (determined on a mid-market basis) on the date of
determination, (iii) derivative contracts in respect of an index that includes the Parent Guarantor or any Restricted Subsidiary or any instrument issued or guaranteed by the Parent Guarantor or any Restricted Subsidiary shall not be deemed to
create a short position with respect to such Specified Indebtedness, so long as (x) such index is not created, designed, administered or requested by such Holder or its Affiliates and (y) the Parent Guarantor, the Co-Issuers and their the Restricted Subsidiaries and any instrument issued or guaranteed by the Parent Guarantor, the Co-Issuers or their the Restricted Subsidiaries,
collectively, shall represent less than 5% of the components of such index, (iv) derivative transactions that are documented using either the 2014 ISDA Credit Derivatives Definitions or the 2003 ISDA Credit Derivatives Definitions
(collectively, the “ISDA CDS Definitions”) shall be deemed to create a short position with respect to the relevant Specified Indebtedness if such Holder or its Affiliates is a protection buyer or the equivalent thereof for such
derivative transaction and (x) the relevant Specified Indebtedness is a “Reference Obligation” under the terms of such derivative transaction (whether specified by name in the related documentation, included as a “Standard
Reference Obligation” on the most recent list published by Markit, if “Standard Reference Obligation” is specified as applicable in the relevant documentation or in any other manner), (y) the relevant Specified Indebtedness would be a
“Deliverable Obligation” under the terms of such derivative transaction or (z) the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries is designated as a “Reference
Entity” under the terms of such derivative transaction, and (v) credit derivative transactions or other derivatives transactions not documented using the ISDA CDS Definitions shall be deemed to create a short position 

  
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 with respect to any Specified Indebtedness if such transactions offer the Holder or its Affiliates
protection against a decline in the value of such Specified Indebtedness, or in the credit quality of the Parent Guarantor, the Co-Issuers or any of their Restricted Subsidiaries, in each case, other than as
part of an index so long as (x) such index is not created, designed, administered or requested by such Holder or its Affiliates and (y) the Parent Guarantor, the Co-Issuers and their Restricted
Subsidiaries, and any instrument issued or guaranteed by the Parent Guarantor, the Co-Issuers or their Restricted Subsidiaries, collectively, shall represent less than 5% of the components of such index. In
connection with any amendment, modification or waiver of this Indenture, any Security Document or any Intercreditor Agreement, each Holder (other than any Holder that is a Regulated Bank) will be deemed to have represented to the Co-Issuers and the Trustee that it does not constitute a Net Short Holder, in each case, unless such Holder shall have notified the Co-Issuers and the Trustee prior to the
requested response date with respect to such amendment, modification or waiver that it constitutes a Net Short Holder (it being understood and agreed that the Co-Issuers and the Trustee shall be entitled to
rely on each such representation and deemed representation). In no event shall the Trustee be obligated to ascertain, calculate, monitor, inquire or otherwise make any determination as to whether any Holder is a Net Short Holder. In any case in
which the Holder is DTC or its nominee, each beneficial owner of the Notes agrees to notify DTC if it is a Net Short Holder and DTC shall be entitled to conclusively rely thereon in delivering its consent to any amendment, modification or waiver of
any provision of this Indenture, any Security Document or any Intercreditor Agreement. 
 Section 9.04 Revocation and Effect of Consents. 

Until an amendment, supplement or waiver becomes effective, a consent to it by a Holder of a Note is a continuing consent by the Holder of a
Note and every subsequent Holder of a Note or portion of a Note that evidences the same debt as the consenting Holder’s Note, even if notation of the consent is not made on any Note. However, any such Holder of a Note or subsequent Holder of a
Note may revoke the consent as to its Note if the Trustee receive written notice of revocation before the date on which the Trustee receive an Officer’s Certificate certifying that the Holders of the requisite principal amount of Notes have
consented (and not theretofore revoked such consent) to the amendment, supplement or waiver. An amendment, supplement or waiver becomes effective in accordance with its terms and thereafter binds every Holder. 

Section 9.05 Notation on or Exchange of Notes. 

The Trustee may place an appropriate notation about an amendment, supplement or waiver on any Note thereafter authenticated. The Co-Issuers in exchange for all Notes may issue and the Trustee shall, upon receipt of an Authentication Order, authenticate new Notes that reflect the amendment, supplement or waiver. 

Failure to make the appropriate notation or issue a new Note will not affect the validity and effect of such amendment, supplement or waiver.

 Section 9.06 Trustee to Sign Amendments, etc. 

The Trustee and/or the Collateral Agent, as applicable, will sign any amended or supplemental indenture or amendment or supplement of the
Notes, any Note Guarantee, any Security Document or other instrument, authorized pursuant to this Article 9 if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the Trustee and/or the
Collateral Agent, as applicable. In executing any amended or supplemental indenture or amendment or supplement of the Notes, any Note Guarantee, any Security Document or other instrument, the Trustee and/or the Collateral Agent, as applicable, will
be entitled to receive and (subject to Section 7.01) will be fully protected in relying upon, in addition to the documents required by Section 13.02, except as specified in Section 9.01(b), an Officer’s Certificate and an Opinion
of Counsel stating that the execution of such amended or supplemental indenture or amendment or supplement of the Notes, any Note Guarantee, any Security Document or other instrument, is authorized or permitted by this Indenture and to the extent
applicable, the Security Documents and that such supplemental indenture or amendment or supplement of the Notes, any Note Guarantee, any Security Document or other instrument, constitutes the legal, valid and binding obligation of the Co-Issuers and the Guarantors, subject to customary exceptions. 
  

  
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 Notwithstanding the foregoing, no Holder consent is required for the Collateral Agent to
enter into, or to effect any amendment, modification or supplement to any Intercreditor Agreement or other intercreditor agreement or arrangement permitted under, referred to in or contemplated by this Indenture or in any document pertaining to any
Indebtedness permitted thereby that is permitted to be secured by the Collateral, for the purpose of adding the holders of such Indebtedness (or their representative) as a party thereto and otherwise causing such Indebtedness to be subject thereto,
in each case as contemplated by the terms of any such Intercreditor Agreement or such other intercreditor agreement or arrangement permitted under, referred to in or contemplated by this Indenture, as applicable (it being understood that any such
amendment or supplement may make such other changes to the applicable Intercreditor Agreement as, in the good faith determination of the Trustee or Collateral Agent, are required to effectuate the foregoing and provided that such other changes are
not directly adverse, in any material respect (taken as a whole), to the interests of the Holders of the Notes); provided, further, that no such agreement shall amend, modify or otherwise affect the rights or duties of the Trustee or Notes
Collateral under this Indenture without the prior written consent of the Trustee or Collateral Agent, as applicable. 
 ARTICLE 10 

NOTE GUARANTEES 
 Section 10.01
Guarantee. 
 (a) Subject to this Article 10, each of the Guarantors that executes this Indenture or a supplemental
indenture hereto, from and after the date of such execution, jointly and severally, irrevocably, fully and unconditionally guarantees to each Holder of a Note authenticated and delivered by the Trustee and to the Trustee and their successors and
assigns, irrespective of the validity and enforceability of this Indenture, the Notes or the obligations of the Co-Issuers hereunder or thereunder, that: 

(1) the principal of, premium on, if any, and interest on, the Notes will be promptly paid in full when due, whether at
maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of, premium on, if any, and interest on, the Notes, if lawful, and all other obligations of the Co-Issuers to the
Holders or the Trustee hereunder or thereunder will be promptly paid in full or performed, all in accordance with the terms hereof and thereof (including, without limitation, interest accruing after the filing of any petition in bankruptcy, or the
commencement of any insolvency, reorganization, arrangement, receivership or like proceeding, relating to the Co-Issuers or any Guarantor whether or not a claim for post-filing or post-petition interest is
allowed in such proceeding and the obligations under Section 7.06); and 
 (2) in case of any extension of time of
payment or renewal of any Notes or any of such other obligations, that same will be promptly paid in full when due or performed in accordance with the terms of the extension or renewal, whether at stated maturity, by acceleration or otherwise. 

Failing payment when due of any amount so guaranteed or any performance so guaranteed for whatever reason, the Guarantors will be jointly and
severally obligated to pay the same immediately. Each Guarantor agrees that this is a guarantee of payment and not a guarantee of collection. 

(b) The Guarantors hereby agree that their obligations hereunder are unconditional, irrespective of the validity, regularity or
enforceability of the Notes or this Indenture, the absence of any action to enforce the same, any waiver or consent by any Holder of the Notes with respect to any provisions hereof or thereof, the recovery of any judgment against the Co-Issuers, any action to enforce the same or any other circumstance which might otherwise constitute a legal or equitable discharge or defense of a Guarantor. Each Guarantor hereby waives (to the fullest extent
permitted by law) diligence, presentment, demand of payment, filing of claims with a court in the event of insolvency or bankruptcy of the Co-Issuers, any right to require a proceeding first against the Co-Issuers, protest, notice and all demands whatsoever and covenants that this Note Guarantee will not be discharged except by complete performance of the obligations contained in the Notes and this Indenture. 

(c) If any Holder or Trustee is required by any court or otherwise to return to the
Co-Issuers, the Guarantors or any custodian, trustee, liquidator or other similar official acting in relation to either the Co-Issuers or the Guarantors, any amount paid
by either the Trustee or such Holder, this Note Guarantee, to the extent theretofore discharged, will be reinstated in full force and effect. 

  
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 (d) Each Guarantor agrees that it will not be entitled to any right of
subrogation in relation to the Holders in respect of any obligations guaranteed hereby until payment in full of all obligations guaranteed hereby. 

(e) Each Guarantor further agrees that, as between the Guarantors, on the one hand, and the Holders and the Trustee, on the
other hand, (1) the maturity of the obligations guaranteed hereby may be accelerated as provided in Article 6 for the purposes of this Note Guarantee, notwithstanding any stay, injunction or other prohibition preventing such acceleration in
respect of the obligations guaranteed hereby, and (2) in the event of any declaration of acceleration of such obligations as provided in Article 6, such obligations (whether or not due and payable) will forthwith become due and payable by the
Guarantors for the purpose of this Note Guarantee. The Guarantors will have the right to seek contribution from any non-paying Guarantor so long as the exercise of such right does not impair the rights of the
Holders under the Note Guarantee. 
 Section 10.02 Limitation on Guarantor Liability. 

Each Guarantor, and by its acceptance of Notes, each Holder, hereby confirms that it is the intention of all such parties that the Note
Guarantee of such Guarantor not constitute a fraudulent transfer or conveyance or transfer at undervalue for purposes of Bankruptcy Law, the Uniform Fraudulent Conveyance Act, the Uniform Fraudulent Transfer Act or any similar federal, state,
provincial or territorial law to the extent applicable to any Note Guarantee. To effectuate the foregoing intention, the Trustee, the Holders and the Guarantors hereby irrevocably agree that the obligations of such Guarantor will be limited to the
maximum amount that will, after giving effect to such maximum amount and all other contingent and fixed liabilities of such Guarantor that are relevant under such laws, and after giving effect to any collections from, rights to receive contribution
from or payments made by or on behalf of any other Guarantor in respect of the obligations of such other Guarantor under this Article 10, result in the obligations of such Guarantor under its Note Guarantee not constituting a fraudulent transfer or
conveyance. 
 Section 10.03 Execution and Delivery of Note Guarantee. 

To evidence its Note Guarantee set forth in Section 10.01, each Guarantor hereby agrees that a notation of such Note Guarantee
substantially in the form attached as Exhibit D hereto will be endorsed by the manual or facsimile signature of an Officer of such Guarantor on each Note authenticated and delivered by the Trustee and that this Indenture or a supplemental indenture
hereto will be executed on behalf of such Guarantor by one of its Officers. 
 Each Guarantor hereby agrees that its Note Guarantee set
forth in Section 10.01 will remain in full force and effect notwithstanding any failure to endorse on each Note a notation of such Note Guarantee. 

If an Officer whose signature is on this Indenture or a supplemental indenture hereto or on the Note Guarantee no longer holds that office at
the time the Trustee authenticates the Note on which a Note Guarantee is endorsed, the Note Guarantee will be valid nevertheless. 
 The
delivery of any Note by the Trustee, after the authentication thereof hereunder, will constitute due delivery of the Note Guarantee set forth in this Indenture on behalf of the Guarantors. 

In the event that the Parent Guarantor or any of its Restricted Subsidiaries creates or acquires any Wholly-Owned Domestic Restricted
Subsidiary after the Issue Date, if required by Section 4.14, the Parent Guarantor will cause such Wholly-Owned Domestic Restricted Subsidiary to comply with the provisions of Section 4.14 and this Article 10, to the extent applicable.

 Neither the Parent Guarantor nor any Guarantor shall be required to make a notation on the Notes to reflect a Note Guarantee or any
release, termination or discharge thereof. 

  
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 Section 10.04 Guarantors May Consolidate, etc., on Certain Terms. 

(a) Except as otherwise provided in Section 10.05, no Guarantor may sell or otherwise dispose of all or substantially all
of its assets to, or consolidate with or merge or amalgamate with or into (whether or not such Guarantor is the surviving Person) another Person, other than the Co-Issuers or another Guarantor, unless either:

 (1) subject to Section 10.05, the Person acquiring the property in any such sale or disposition or the Person formed
by or surviving or continuing following any such consolidation, amalgamation or merger unconditionally assumes all the obligations of that Guarantor under its Note Guarantee and this Indenture, on the terms set forth therein or herein, pursuant to a
supplemental indenture; or 
 (2) such sale, other disposition, consolidation, amalgamation or merger is permitted and the
Net Proceeds of such sale or other disposition if any and if required are applied in accordance with, in each case, the applicable provisions of this Indenture, including without limitation, Section 4.10. 

(b) In case of any such consolidation, merger, amalgamation, sale or conveyance and upon the assumption by the successor
Person, by supplemental indenture, executed and delivered to the Trustee and satisfactory in form to the Trustee, of the Note Guarantee endorsed upon the Notes and the due and punctual performance of all of the covenants and conditions of this
Indenture to be performed by the Guarantor, such successor Person will succeed to and be substituted for the Guarantor with the same effect as if it had been named herein as a Guarantor. Such successor Person thereupon may cause to be signed any or
all of the Note Guarantees to be endorsed upon all of the Notes issuable hereunder which theretofore shall not have been signed by the Co-Issuers and delivered to the Trustee. All the Note Guarantees so issued
will in all respects have the same legal rank and benefit under this Indenture as the Note Guarantees theretofore and thereafter issued in accordance with the terms of this Indenture as though all of such Note Guarantees had been issued at the date
of the execution hereof. 
 (c) This Section 10.04 will not apply to (i) any sale, assignment, transfer,
conveyance, lease or other disposition of assets between or among the Parent Guarantor, the Co-Issuers and/or any other Guarantor, (ii) any consolidation, amalgamation or other combination or merger of a
Guarantor with or into an Affiliate for purpose of changing the legal domicile of such Guarantor, reincorporating such or changing the legal form of such Guarantor in another jurisdiction so long as the amount of Indebtedness of the Parent Guarantor
and its Restricted Subsidiaries is not increased thereby, (iii) any consolidation, amalgamation or other combination, merger or transfer of all or part of the properties and assets of any Restricted Subsidiary to or with any of the Parent
Guarantor, the Co- Issuers or Guarantors, (iv) any consolidation, amalgamation or other combination, merger or transfer of all or part of the properties and assets of any Restricted Subsidiary to or with
any other Restricted Subsidiary and (v) the Transactions, any Permitted Reorganization, any Permitted Change of Control or IPO Reorganization Transaction. 

Section 10.05 Releases. 
 A Note
Guarantee of a Guarantor will be automatically and unconditionally released and discharged upon: 
 (1) the sale, exchange,
disposition or other transfer (including through merger, arrangement, amalgamation or consolidation) of (x) in the case of a Subsidiary Guarantor, the Capital Stock of such Guarantor to a Person that is not (either before or after giving effect
to such transaction) either the Co-Issuers or their Restricted Subsidiaries, if after such transaction the Guarantor is no longer a Restricted Subsidiary, or (y) all or substantially all the assets of
such Guarantor if such sale, exchange, disposition or other transfer is made in compliance with this Indenture and such entity is not a guarantor or a borrower (if applicable) of the obligations under the ABL Credit Agreement (or is
contemporaneously released therefrom); 
 (2) in the case of a Subsidiary Guarantor, the
Co-Issuers designating such Guarantor to be an Unrestricted Subsidiary in accordance with the provisions set forth under Section 4.07 and the definition of “Unrestricted Subsidiary;” 

  
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 (3) in the case of any Restricted Subsidiary that after the Issue Date is
required to guarantee the Notes pursuant Section 4.14, the release or discharge of the guarantee by such Restricted Subsidiary of Indebtedness that gave rise to such guarantee whether such release or discharge occurs upon any action, event,
circumstance or occurrence in accordance with the terms thereof or the repayment of the Indebtedness, in each case, that resulted in the obligation to guarantee the Notes, except if a release or discharge is by or as a result of payment in
connection with the enforcement of remedies under such other guarantee or Indebtedness (it being understood that a release subject to a contingent reinstatement is still considered a release and that if any such guarantee is so reinstated, such
Guarantee shall also be reinstated to the extent that such Guarantor would then be required to provide a Guarantee pursuant Section 4.14); 

(4) in the case of any Subsidiary Guarantor that becomes an Excluded Subsidiary, the release or discharge of the guarantee by
such Restricted Subsidiary of Indebtedness of the Co-Issuers under the ABL Credit Agreement whether such release or discharge occurs upon any action, event, circumstance or occurrence in accordance with the
terms thereof or the repayment of the Indebtedness, in each case, under the ABL Credit Agreement and any other then-outstanding Certain Capital Markets Debt, except if a release or discharge is by or as a result of payment in connection with the
enforcement of remedies under such other guarantee or Indebtedness (except to the extent that such Guarantor would then be required to provide a Guarantee pursuant Section 4.14); 

(5) the Co-Issuers’ exercise of their legal defeasance option or covenant
defeasance option as described under Article 8, or if the Co-Issuers’ Obligations under this Indenture are discharged in accordance with the terms of this Indenture; and 

(6) such Guarantor ceasing to be a guarantor (or borrower, if applicable) under the ABL Credit Agreement in accordance with the
terms thereof, in each case, other than pursuant to a repayment or refinancing of the ABL Credit Agreement (other than in connection with the termination or payoff of the ABL Credit Agreement) (except to the extent that such Guarantor would then be
required to provide a Guarantee pursuant to Section 4.14). 
 Section 10.06 Independent Obligation. 

As an original and independent obligation, each Guarantor shall (i) indemnify the Trustee and Holder and their successors, endorsees,
transferees and assigns and keep the Trustee and Holders indemnified against all costs, losses, expenses and liabilities of whatever kind resulting from the failure by the Co-Issuers, or any of them, to make
due and punctual payment of any of the obligations guaranteed under this Article 10 or resulting from any of such obligations being or becoming void, voidable, unenforceable or ineffective against any
Co-Issuer or Guarantor (including, but without limitation, all legal and other costs, charges and expenses incurred by the Trustee or Holders, or any of them, in connection with preserving or enforcing, or
attempting to preserve or enforce, its rights under this Article 10); and (ii) pay on demand the amount of such costs, losses, expenses and liabilities whether or not any of the Trustee or Holders has attempted to enforce any rights against any
Co-Issuer or Guarantor or any other Person or otherwise. 
 ARTICLE 11 

SATISFACTION AND DISCHARGE 
 Section 11.01
Satisfaction and Discharge. 
 (a) This Indenture and the Security Documents will be discharged and will cease to be
of further effect as to all Notes issued hereunder, when: 
 (1) either: 

(a) all Notes that have been authenticated, except lost, stolen or destroyed Notes that have been replaced or paid and Notes
for whose payment money has been deposited in trust and thereafter repaid to the Co-Issuers or discharged from such trust, have been cancelled or delivered to the Trustee for cancellation; or 

  
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 (b) all such Notes have become due and payable at final maturity or by
reason of the mailing of a notice of redemption or will become due and payable within one year or will be redeemed within one year under arrangements satisfactory to the Trustee for the giving of a notice of redemption in the name and at the expense
of the Co-Issuers and the Co-Issuers or any Guarantor has irrevocably deposited or caused to be deposited with the Trustee as trust funds in trust solely for the benefit
of the Holders, (i) cash in U.S. dollars in an amount, (ii) non-callable Government Securities, the scheduled payments of principal of and interest thereon will be in an amount, or (iii) a
combination thereof in amounts, as will be sufficient (in case Government Securities have been deposited, in the opinion of a nationally recognized investment bank, appraisal firm or firm of independent public accountants certified in writing to the
Trustee), without consideration of any reinvestment of interest, to pay and discharge the entire Indebtedness on such Notes for principal of, premium on, if any, and interest, if any, on, the Notes to the date of maturity or redemption; 

(2) the Co-Issuers have or any Guarantor has paid or caused to be paid all sums payable
by it under this Indenture; and 
 (3) the Co-Issuers have delivered irrevocable
instructions to the Trustee under this Indenture to apply the deposited money toward the payment of the Notes to maturity or to the redemption date, as the case may be. 

(b) In addition, the Co-Issuers must deliver an Officer’s Certificate and an
Opinion of Counsel to the Trustee stating that all conditions precedent to satisfaction and discharge have been satisfied. 
 Section 11.02
Application of Trust Money. 
 Subject to the provisions of Section 8.06, all money and
non-callable Government Securities (including the proceeds thereof) deposited with the Trustee pursuant to Section 11.01 shall be held in trust and applied by it, in accordance with the provisions of the
Notes and this Indenture, to the payment, either directly or through any Paying Agent (including the either Co-Issuer acting as its own Paying Agent) as the Trustee may determine, to the Persons entitled
thereto, of the principal, premium, if any, and interest for whose payment such money has been deposited with the Trustee; but such money need not be segregated from other funds except to the extent required by law. 

If either of the Trustee or Paying Agent is unable to apply any money or Government Securities in accordance with Section 11.01 by reason
of any legal proceeding or by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, the Co-Issuers’ and any
Guarantor’s obligations under this Indenture and the Notes shall be revived and reinstated as though no deposit had occurred pursuant to Section 11.01; provided that if the Co-Issuers have
made any payment of principal of, premium on, if any, or interest on, any Notes because of the reinstatement of their obligations, the Co-Issuers shall be subrogated to the rights of the Holders of such Notes
to receive such payment from the money or Government Securities held by the Trustee or Paying Agent. 
 The
Co-Issuers will pay and indemnify the Trustee against any tax, fee or other charge imposed on or assessed against the cash or non-callable Government Securities
deposited pursuant to Section 11.01 or the principal and interest received in respect thereof other than any such tax, fee or other charge which by law is for the account of the Holders of the outstanding Notes. 

Notwithstanding anything in this Article 11 to the contrary, the Trustee will deliver or pay to the
Co-Issuers from time to time upon the request of the Co-Issuers any money or non-callable Government Securities held by it as
provided in Section 11.01 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, are in excess of the amount thereof that would then be
required to be deposited to effect a discharge in accordance with this Article 11. 

  
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 ARTICLE 12 

COLLATERAL 
 Section 12.01 The
Collateral. 
 From and after the Issue Date, the due and punctual payment of the principal of, premium, if any, and interest on the
Notes and the Guarantees when and as the same shall be due and payable, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise, interest on the overdue principal of and interest (to the extent
permitted by law), if any, on the Notes and the Guarantees and performance of all other obligations of the Co-Issuers and the Guarantors under this Indenture, and the Notes and the Security Documents, shall be
secured as provided in the Security Documents (upon the entry into such documents), which will define the terms of the Liens that secure the Notes Obligations, subject to the terms of the Intercreditor Agreements. The
Co-Issuers and the Guarantors hereby agree that the Collateral Agent shall hold the Collateral in trust for its benefit and for the benefit of all of the Holders and the Trustee, in each case pursuant to the
terms of the Security Documents and the Intercreditor Agreements, and the Collateral Agent is hereby authorized to execute and deliver the Security Documents and the Intercreditor Agreements. Each Holder, by its acceptance of any Notes, consents and
agrees to the terms of the Security Documents and the Intercreditor Agreements (including the provisions providing for the possession, use, release and foreclosure of Collateral) as the same may be in effect or may be amended from time to time in
accordance with their terms and this Indenture and the Intercreditor Agreements, and authorizes and directs the Collateral Agent to enter into the Security Documents and the Intercreditor Agreements on the Issue Date, and at any time after the Issue
Date, and to perform its obligations and exercise its rights thereunder in accordance therewith. The Collateral Agent, the Trustee and each Holder, by accepting the Notes and the Guarantees, acknowledges that, as more fully set forth in the Security
Documents and the Intercreditor Agreements, the Collateral as now or hereafter constituted shall be held for the benefit of all the Holders, the Collateral Agent and the Trustee, and that the Lien of this Indenture and the Security Documents in
respect of the Collateral Agent, the Trustee and the Holders is subject to and qualified and limited in all respects by the Security Documents and the Intercreditor Agreements and actions that may be taken thereunder. 

From and after the Issue Date, subject to the limitations set forth in the Security Documents, the
Co-Issuers and each of the Guarantors will execute, deliver and file, if applicable any and all documents, financing statements, financing change statements, registrations, agreements and instruments, and take
all action that may be reasonably required under applicable law (including the filing of continuation financing statements and amendments to financing statements or equivalent Canadian financing statements or registrations), or that the Collateral
Agent may reasonably request, in order to grant, preserve, protect and perfect the validity and priority of the Liens created or intended to be created by the Security Documents in the Collateral, subject to the terms of the Intercreditor
Agreements. 
 Section 12.02 Release of Collateral. 

(A) In addition to releases pursuant to any Intercreditor Agreement, the Co-Issuers and the Guarantors
will be entitled to the release of property and other assets constituting Collateral from the Liens securing the Notes and the Notes Obligations under any one or more of the following circumstances: 

(1) to enable a Co-Issuer or a Guarantor to consummate the sale, transfer or other
disposition (including by the termination of capital leases or the repossession of the leased property in a capital lease by the lessor) of such property or assets (to a Person that is not a Co-Issuer or a
Guarantor) to the extent not prohibited under Section 4.10; 
 (2) upon the release of a Guarantor from its Guarantee
with respect to the Notes pursuant to this Indenture, the release of the Liens over the property and assets of such Guarantor; 

(3) in respect of the property, assets and Capital Stock of a Restricted Subsidiary that is a Subsidiary Guarantor, upon
designation of such Subsidiary Guarantor to be an Unrestricted Subsidiary in accordance with the terms of this Indenture; 

(4) to the extent such Collateral otherwise becomes Excluded Assets; 

  
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 (5) as described under Article 9; or 

(6) upon any release or termination of the Lien on any ABL Priority Collateral securing the ABL Credit Agreement other than
pursuant to a repayment or refinancing of the ABL Credit Agreement. 
 (B) The Liens on the Collateral securing the Notes and the Guarantees
also will be automatically released (i) upon payment in full of the principal of, together with accrued and unpaid interest on, the Notes and all other Obligations under this Indenture, the Guarantees and the Security Documents that are due and
payable at or prior to the time such principal, together with accrued and unpaid interest, are paid, (ii) upon a legal defeasance or covenant defeasance under this Indenture as described under Article 8 or upon the satisfaction and discharge of
this Indenture as described under Article 11 or (iii) pursuant to any Intercreditor Agreement. The Holders also irrevocably authorize the Collateral Agent (a) to enter into and sign for and on behalf of the Notes Secured Parties, the
Security Documents (including any subordination or intercreditor agreements with respect to Indebtedness and Liens permitted under this Indenture to the extent the Collateral Agent is otherwise contemplated under this Indenture as being a party to
such intercreditor or subordination agreement) for the benefit of the Notes Secured Parties and (b) to release or subordinate any Lien on any property granted to or held by the Collateral Agent to the holder of any Lien on such property that is
permitted by clause (6) of the definition of “Permitted Liens” to the extent required by the holder of, or pursuant to the terms of any agreement governing, the obligations secured by such Liens. 

(C) In each case described in the foregoing, upon receipt of an Officer’s Certificate stating that all conditions precedent under this
Indenture and the Security Documents, as applicable, to such release have been met and any necessary or proper instruments of termination, satisfaction or release prepared by the Co-Issuers, the Collateral
Agent will, at the Co-Issuers’ expense, execute and deliver to the Co-Issuers or the applicable Guarantor such documents as the
Co-Issuers or such Guarantor may reasonably request to evidence the release of such item of Collateral from the Lien granted under the Security Documents or to subordinate its interest in such item, or to
evidence the release of such Guarantor from its obligations under the Guarantee, in each case in accordance with the terms of this Indenture and applicable Security Documents. 

(D) The release of any Collateral in accordance with the terms of this Indenture and the Security Documents shall not be deemed to impair the
security under this Indenture on any remaining Collateral or affect the Lien of this Indenture or the Security Documents on any remaining Collateral pursuant to this Indenture, the Security Documents or the Intercreditor Agreements. 

Section 12.03 Suits to Protect the Collateral. 

Subject to the provisions of Article 7 and the Security Documents and the Intercreditor Agreements, the Trustee may or may direct the
Collateral Agent to take all actions it determines in order to: 
 (a) enforce any of the terms of the Security Documents;
and 
 (b) collect and receive any and all amounts payable in respect of the Obligations hereunder. 

Subject to the provisions of the Security Documents and the Intercreditor Agreements, the Trustee and the Collateral Agent shall have the
power to institute and to maintain such suits and proceedings as the Trustee may determine to prevent any impairment of the Collateral by any acts which may be unlawful or in violation of any of the Security Documents or this Indenture, and such
suits and proceedings as the Trustee may determine to preserve or protect its interests and the interests of the Holders in the Collateral. Nothing in this Section 12.03 shall be considered to impose any such duty or obligation to act on the
part of the Trustee or the Collateral Agent. 
 Section 12.04 Authorization of Receipt of Funds by the Trustee Under the Security Documents.

 Subject to the provisions of the Intercreditor Agreements, the Trustee is authorized to receive any funds for the benefit of the Holders
distributed under the Security Documents, and to make further distributions of such funds to the Holders according to the provisions of this Indenture. 

  
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 Section 12.05 Purchaser Protected. 

In no event shall any purchaser in good faith of any property purported to be released hereunder be bound to ascertain the authority of the
Collateral Agent or the Trustee to execute the release or to inquire as to the satisfaction of any conditions required by the provisions hereof for the exercise of such authority or to see to the application of any consideration given by such
purchaser or other transferee; nor shall any purchaser or other transferee of any property or rights permitted by this Article 12 to be sold be under any obligation to ascertain or inquire into the authority of the
Co-Issuers or the applicable Guarantor to make any such sale or other transfer. 
 Section 12.06 Powers
Exercisable by Receiver or Trustee. 
 In case the Collateral shall be in the possession of a receiver or trustee, lawfully appointed,
the powers conferred in this Article 12 upon the Co-Issuers or a Guarantor with respect to the release, sale or other disposition of such property may be exercised by such receiver or trustee, and an
instrument signed by such receiver or trustee shall be deemed the equivalent of any similar instrument of the Co-Issuers or a Guarantor or of any Officer or Officers thereof required by the provisions of this
Article 12; and if the Trustee shall be in the possession of the Collateral under any provision of this Indenture, then such powers may be exercised by the Trustee. 

Section 12.07 Release Upon Termination of the Co-Issuers’ Obligations. 

In the event that the Co-Issuers deliver to the Trustee an Officer’s Certificate certifying that
(i) payment in full of the principal of, together with accrued and unpaid interest on, the Notes and all other Obligations under this Indenture, the Notes, the Guarantees and the Security Documents that were due and payable at or prior to the
time such principal, together with accrued and unpaid interest, were paid, (ii) the Co-Issuers shall have exercised their Legal Defeasance option or its Covenant Defeasance option, in each case in
compliance with the provisions of Article 8, or (iii) the Co-Issuers have discharged this Indenture and the Security Documents described under Article 11, and in each case, an Opinion of Counsel stating
that all conditions precedent to such Legal Defeasance, Covenant Defeasance or discharge, as applicable, have been satisfied, the Trustee and/or the Collateral Agent, as applicable, shall deliver to the
Co-Issuers a release of Lien in the Collateral without recourse, representations or warranties and shall do or cause to be done (at the expense of the Co-Issuers) all
acts reasonably requested of them to promptly release such Lien. 
 Section 12.08 Collateral Agent. 

(a) The Trustee and each of the Holders by acceptance of the Notes hereby designates and appoints the Collateral Agent as its
agent under this Indenture, the Security Documents and the Intercreditor Agreements and the Trustee and each of the Holders by acceptance of the Notes hereby irrevocably authorizes the Collateral Agent to take such action on its behalf under the
provisions of this Indenture, the Security Documents and the Intercreditor Agreements and to exercise such powers and perform such duties as are expressly delegated to the Collateral Agent by the terms of this Indenture, the Security Documents and
the Intercreditor Agreements, and consents and agrees to the terms of the Intercreditor Agreements and each Security Document, as the same may be in effect or may be amended, restated, supplemented or otherwise modified from time to time in
accordance with their respective terms. The Collateral Agent agrees to act as such on the express conditions contained in this Section 12.08. Each Holder agrees that any action taken by the Collateral Agent in accordance with the provision of
this Indenture, the Intercreditor Agreements and the Security Documents, and the exercise by the Collateral Agent of any rights or remedies set forth herein and therein shall be authorized and binding upon all Holders. Notwithstanding any provision
to the contrary contained elsewhere in this Indenture, the Security Documents and the Intercreditor Agreements, the duties of the Collateral Agent shall be ministerial and administrative in nature, and the Collateral Agent shall not have any duties
or responsibilities, except those expressly set forth herein and in the Security Documents and the Intercreditor Agreements to which the Collateral Agent is a party, nor shall the Collateral Agent have or be deemed to have any trust or other
fiduciary relationship with the Trustee, any Holder or any Grantor, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Indenture, the Security Documents and the Intercreditor Agreements
or otherwise exist against the Collateral Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Indenture with reference to the Collateral Agent is not intended to connote any fiduciary or
other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to create or reflect only an administrative relationship between independent
contracting parties. 
  

  
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 (b) The Collateral Agent may perform any of its duties under this Indenture,
the Security Documents or the Intercreditor Agreements by or through receivers, agents, employees, attorneys-in-fact or with respect to any specified Person, such
Person’s Affiliates, and the respective officers, directors, employees, agents, advisors and attorneys-in-fact of such Person and its Affiliates and branches (a
“Related Person”), and shall be entitled to advice of counsel concerning all matters pertaining to such duties, and shall be entitled to act upon, and shall be fully protected in taking action in reliance upon any advice or opinion
given by legal counsel. The Collateral Agent shall not be responsible for the negligence or misconduct of any receiver, agent, employee, attorney-in-fact or Related
Person that it selects as long as such selection was made in good faith and with due care. 
 (c) None of the Collateral
Agent or any of its respective Related Persons shall (i) be liable for any action taken or omitted to be taken by any of them under or in connection with this Indenture or the transactions contemplated hereby (except for its own gross
negligence or willful misconduct) or under or in connection with any Security Document or the Intercreditor Agreements or the transactions contemplated thereby (except for its own gross negligence or willful misconduct), or (ii) be responsible
in any manner to any of the Trustee or any Holder for any recital, statement, representation, warranty, covenant or agreement made by Co-Issuers or any other Grantor (as defined in a Security Agreement or
similar term used in a Security Agreement) or Affiliate of any Grantor, or any Officer or Related Person thereof, contained in this Indenture, the Security Documents or the Intercreditor Agreements, or in any certificate, report, statement or other
document referred to or provided for in, or received by the Collateral Agent under or in connection with, this Indenture, the Security Documents or the Intercreditor Agreements, or the validity, effectiveness, genuineness, enforceability or
sufficiency of this Indenture, the Security Documents or the Intercreditor Agreements, or for any failure of any Grantor or any other party to this Indenture, the Security Documents or the Intercreditor Agreements to perform its obligations
hereunder or thereunder. None of the Collateral Agent or any of its respective Related Persons shall be under any obligation to the Trustee or any Holder to ascertain or to inquire as to the observance or performance of any of the agreements
contained in, or conditions of, this Indenture, the Security Documents or the Intercreditor Agreements or to inspect the properties, books, or records of any Grantor or any Grantor’s Affiliates. 

(d) The Collateral Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, resolution,
notice, consent, certificate, affidavit, letter, telegram, facsimile, certification, telephone message, statement, or other communication, document or conversation (including those by telephone or e-mail)
believed by it to be genuine and correct and to have been signed, sent, or made by the proper Person or Persons, and upon advice and statements of legal counsel (including, without limitation, counsel to the
Co-Issuers or any other Grantor), independent accountants and other experts and advisors selected by the Collateral Agent. The Collateral Agent shall not be bound to make any investigation into the facts or
matters stated in any resolution, certificate, statement, instrument, opinion, report, notice, request, direction, consent, order, bond, debenture, or other paper or document. The Collateral Agent shall be fully justified in failing or refusing to
take any action under this Indenture, the Security Documents or the Intercreditor Agreements unless it shall first receive such request, direction, instruction or consent of the Holders of a majority in aggregate principal amount of the Notes as it
determines and, if it so requests, it shall first be indemnified to its satisfaction by the Holders against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. The Collateral Agent
shall in all cases be fully protected in acting, or in refraining from acting, under this Indenture, the Security Documents or the Intercreditor Agreements in accordance with a request, direction, instruction or consent of the Holders of a majority
in aggregate principal amount of the then outstanding Notes and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Holders. 

(e) The Collateral Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default,
unless a Responsible Officer of the Collateral Agent shall have received written notice from the Trustee or the Co-Issuers referring to this Indenture, describing such Default or Event of Default and stating
that such notice is a “notice of default.” The Collateral Agent shall take such action with respect to such Default or Event of Default as may be requested in accordance with Article 6 by the Holders of a majority in aggregate principal
amount of the Notes (subject to this Section 12.08). 
  

  
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 (f) The Collateral Agent may resign at any time by notice to the Trustee (if
one of the Trustee is not also acting as Collateral Agent hereunder) and the Co-Issuers, such resignation to be effective upon the acceptance of a successor agent to its appointment as Collateral Agent. If the
Collateral Agent resigns under this Indenture, the Co-Issuers shall appoint a successor collateral agent. If no successor collateral agent is appointed prior to the intended effective date of the resignation
of the Collateral Agent (as stated in the notice of resignation), the Trustee, at the direction of the Holders of a majority of the aggregate principal amount of the Notes then outstanding, may appoint a successor collateral agent, subject to the
consent of the Co-Issuers (which consent shall not be unreasonably withheld and which shall not be required during a continuing Event of Default). If no successor collateral agent is appointed and consented to
by the Co-Issuers pursuant to the preceding sentence within thirty (30) days after the intended effective date of resignation (as stated in the notice of resignation) the Collateral Agent shall be
entitled to petition a court of competent jurisdiction to appoint a successor. Upon the acceptance of its appointment as successor collateral agent hereunder, such successor collateral agent shall succeed to all the rights, powers and duties of the
retiring Collateral Agent, and the term “Collateral Agent” shall mean such successor collateral agent, and the retiring Collateral Agent’s appointment, powers and duties as the Collateral Agent shall be terminated. After the retiring
Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 (and Section 7.06) shall continue to inure to its benefit and the retiring Collateral Agent shall not by reason of such resignation be deemed to be
released from liability as to any actions taken or omitted to be taken by it while it was the Collateral Agent under this Indenture. 

(g) Ankura Trust Company, LLC shall initially act as Collateral Agent and shall be authorized to appoint co-Collateral Agents as necessary in its sole discretion. Except as otherwise explicitly provided herein or in the Security Documents or the Intercreditor Agreements, neither the Collateral Agent nor any of its
respective officers, directors, employees or agents or other Related Persons shall be liable for failure to demand, collect or realize upon any of the Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise
dispose of any Collateral upon the request of any other Person or to take any other action whatsoever with regard to the Collateral or any part thereof. The Collateral Agent shall be accountable only for amounts that it actually receives as a result
of the exercise of such powers, and neither the Collateral Agent nor any of its officers, directors, employees or agents shall be responsible for any act or failure to act hereunder, except for its own gross negligence or willful misconduct, as
determined by a final order of a court of competent jurisdiction. 
 (h) The Collateral Agent is authorized and directed to
(i) enter into the Security Documents to which it is party, whether executed on or after the Issue Date, (ii) enter into the Intercreditor Agreements, (iii) make the representations of the Holders set forth in the Security Documents
and Intercreditor Agreements, (iv) bind the Holders on the terms as set forth in the Security Documents and the Intercreditor Agreements and (v) perform and observe its obligations under the Security Documents and the Intercreditor
Agreements. 
 (i) If at any time or times the Trustee shall receive (i) by payment, foreclosure, set-off or otherwise, any proceeds of Collateral or any payments with respect to the Obligations arising under, or relating to, this Indenture, except for any such proceeds or payments received by the Trustee from
the Collateral Agent pursuant to the terms of this Indenture, or (ii) payments from the Collateral Agent in excess of the amount required to be paid to the Trustee pursuant to Article 6, the Trustee shall promptly turn the same over to the
Collateral Agent, in kind, and with such endorsements as may be required to negotiate the same to the Collateral Agent such proceeds to be applied by the Collateral Agent pursuant to the terms of this Indenture, the Security Documents and the
Intercreditor Agreements. 
 (j) The Collateral Agent is each Holder’s agent for the purpose of perfecting the
Holders’ security interest in assets which, in accordance with Article 9 of the Uniform Commercial Code can be perfected only by possession. Should the Trustee obtain possession of any such Collateral, upon request from the Co-Issuers, the Trustee shall notify the Collateral Agent thereof and promptly shall deliver such Collateral to the Collateral Agent or otherwise deal with such Collateral in accordance with the Collateral
Agent’s instructions. 

  
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 (k) The Collateral Agent shall have no obligation whatsoever to the Trustee
or any of the Holders to assure that the Collateral exists or is owned by any Grantor or is cared for, protected, or insured or has been encumbered, or that the Collateral Agent’s Liens have been properly or sufficiently or lawfully created,
perfected, protected, maintained or enforced or are entitled to any particular priority, or to determine whether all or the Grantor’s property constituting collateral intended to be subject to the Lien of the Security Documents has been
properly and completely listed or delivered, as the case may be, or the genuineness, validity, marketability or sufficiency thereof or title thereto, or to exercise at all or in any particular manner or under any duty of care, disclosure, or
fidelity, or to continue exercising, any of the rights, authorities, and powers granted or available to the Collateral Agent pursuant to this Indenture, any Security Document or the Intercreditor Agreements other than pursuant to the instructions of
the Trustee or the Holders of a majority in aggregate principal amount of the Notes or as otherwise provided in the Security Documents. 

(l) If the Co-Issuers or any Guarantor (i) incurs any obligations in respect of
First Lien Obligations, ABL Obligations or Permitted Junior Lien Obligations at any time when no applicable intercreditor agreement is in effect or at any time when Indebtedness constituting First Lien Obligations, ABL Obligations or Permitted
Junior Lien Obligations entitled to the benefit of an existing Intercreditor Agreement is concurrently retired, and (ii) delivers to the Collateral Agent an Officer’s Certificate so stating and requesting the Collateral Agent to enter into
an intercreditor agreement (on substantially the same terms as the applicable Intercreditor Agreement) in favor of a designated agent or representative for the holders of the First Lien Obligations, ABL Obligations or Permitted Junior Lien
Obligations so incurred, together with an Opinion of Counsel, the Collateral Agent shall (and is hereby authorized and directed to) enter into such intercreditor agreement (at the sole and reasonable expense and cost of the Co-Issuers, including reasonable legal fees and expenses of outside counsel to the Collateral Agent), bind the Holders on the terms set forth therein and perform and observe its obligations thereunder; provided
that neither an Officer’s Certificate nor an Opinion of Counsel shall be required in connection with the applicable Intercreditor Agreements to be entered into by the Collateral Agent on the Issue Date. 

(m) No provision of this Indenture, the Intercreditor Agreements or any Security Document shall require the Collateral Agent
(or the Trustee) to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder or thereunder or to take or omit to take any action hereunder or thereunder or take any action at the
request or direction of Holders (or the Trustee in the case of the Collateral Agent) if it shall have received indemnity satisfactory to the Collateral Agent and the Trustee against potential costs and liabilities incurred by the Collateral Agent
relating thereto. Notwithstanding anything to the contrary contained in this Indenture, the Intercreditor Agreements or the Security Documents, in the event the Collateral Agent is entitled or required to commence an action to foreclose or otherwise
exercise its remedies to acquire control or possession of the Collateral, the Collateral Agent shall not be required to commence any such action or exercise any remedy or to inspect or conduct any studies of any property under the mortgages or take
any such other action if the Collateral Agent has determined that the Collateral Agent may incur personal liability as a result of the presence at, or release on or from, the Collateral or such property, of any hazardous substances. The Collateral
Agent shall at any time be entitled to cease taking any action described in this clause if it no longer reasonably deems any indemnity, security or undertaking from the Parent Guarantor or the Holders to be sufficient. 

(n) The Collateral Agent (i) shall not be liable for any action taken or omitted to be taken by it in connection with this
Indenture, the Intercreditor Agreements and the Security Documents or instrument referred to herein or therein, except to the extent that any of the foregoing are found by a final, non-appealable judgment of a
court of competent jurisdiction to have resulted from its own gross negligence or willful misconduct, (ii) shall not be liable for interest on any money received by it except as the Collateral Agent may agree in writing with the Co-Issuers and (iii) may consult with counsel of its selection and the advice or opinion of such counsel shall be full and complete authorization and protection from liability in respect of any action taken,
omitted or suffered by it in good faith and in accordance with the advice or opinion of such counsel. The grant of permissive rights or powers to the Collateral Agent shall not be construed to impose duties to act. 

  
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 (o) In no event shall the Collateral Agent be liable for any indirect,
special, punitive, incidental or consequential damages (included but not limited to lost profits) whatsoever, even if it has been informed of the likelihood thereof and regardless of the form of action. 

(p) The Collateral Agent does not assume any responsibility for any failure or delay in performance or any breach by the Parent
Guarantor or any other Grantor under this Indenture, the Intercreditor Agreements and the Security Documents. The Collateral Agent shall not be responsible to the Holders or any other Person for any recitals, statements, information, representations
or warranties contained in this Indenture, the Security Documents, the Intercreditor Agreements or in any certificate, report, statement, or other document referred to or provided for in, or received by the Collateral Agent under or in connection
with, this Indenture, the Intercreditor Agreements or any Security Document; the execution, validity, genuineness, effectiveness or enforceability of the Intercreditor Agreements and any Security Documents of any other party thereto; the
genuineness, enforceability, collectability, value, sufficiency, location or existence of any Collateral, or the validity, effectiveness, enforceability, sufficiency, extent, perfection or priority of any Lien therein; the validity, enforceability
or collectability of any Obligations; the assets, liabilities, financial condition, results of operations, business, creditworthiness or legal status of any obligor; or for any failure of any obligor to perform its Obligations under this Indenture,
the Intercreditor Agreements and the Security Documents. The Collateral Agent shall have no obligation to any Holder or any other Person to ascertain or inquire into the existence of any Default or Event of Default, the observance or performance by
any obligor of any terms of this Indenture, the Intercreditor Agreements and the Security Documents, or the satisfaction of any conditions precedent contained in this Indenture, the Intercreditor Agreements and any Security Documents. The Collateral
Agent shall not be required to initiate or conduct any litigation or collection or other proceeding under this Indenture, the Intercreditor Agreements and the Security Documents unless expressly set forth hereunder or thereunder. The Collateral
Agent shall have the right at any time to seek instructions from the Holders with respect to the administration of this Indenture, the Security Documents and the Intercreditor Agreements. 

(q) The parties hereto and the Holders hereby agree and acknowledge that neither the Collateral Agent nor the Trustee shall
assume, be responsible for or otherwise be obligated for any liabilities, claims, causes of action, suits, losses, allegations, requests, demands, penalties, fines, settlements, damages (including foreseeable and unforeseeable), judgments, expenses
and costs (including but not limited to, any remediation, corrective action, response, removal or remedial action, or investigation, operations and maintenance or monitoring costs, for personal injury or property damages, real or personal) of any
kind whatsoever, pursuant to any environmental law as a result of this Indenture, the Intercreditor Agreements, the Security Documents or any actions taken pursuant hereto or thereto. Further, the parties hereto and the Holders hereby agree and
acknowledge that in the exercise of its rights under this Indenture, the Intercreditor Agreements and the Security Documents, the Collateral Agent may hold or obtain indicia of ownership primarily to protect the security interest of the Collateral
Agent in the Collateral and that any such actions taken by the Collateral Agent shall not be construed as or otherwise constitute any participation in the management of such Collateral. In the event that the Collateral Agent or the Trustee is
required to acquire title to an asset for any reason, or take any managerial action of any kind in regard thereto which in the Collateral Agent’s or the Trustee’s, as applicable, sole discretion may cause the Collateral Agent or the
Trustee to be considered an “owner or operator” under the provisions of the Comprehensive Environmental Response, Compensation and Liability Act (“CERCLA”), 42 U.S.C. §9601, et seq., or otherwise cause the Collateral
Agent or the Trustee to incur liability under CERCLA or any other federal, state, provincial, territorial, local or foreign law, each of the Collateral Agent and the Trustee, as applicable, reserves the right, instead of taking such action, to
either resign as the Collateral Agent or the Trustee or arrange for the transfer of the title or control of the asset to a court-appointed receiver. Neither the Collateral Agent nor the Trustee shall be liable to the
Co-Issuers, the Guarantors or any other Person for any environmental claims or contribution actions under any federal, state, provincial, territorial, local or foreign law, rule or regulation by reason of the
Collateral Agent or the Trustee’s actions and conduct as authorized, empowered and directed hereunder or relating to the discharge, release or threatened release of hazardous materials into the environment. If at any time it is necessary or
advisable for property to be possessed, owned, operated or managed by any Person (including the Collateral Agent or the Trustee) other than the Co-Issuers or the Guarantors, a majority in interest of Holders
shall direct the Collateral Agent or the Trustee to appoint an appropriately qualified Person (excluding the Collateral Agent or the Trustee) who they shall designate to possess, own, operate or manage, as the case may be, the property. 

  
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 (r) Upon the receipt by the Collateral Agent of a written request of the Co-Issuers signed by an Officer (a “Security Document Order”), the Collateral Agent is hereby authorized to execute and enter into, and shall execute and enter into, without the further consent of
any Holder or the Trustee, any Security Document to be executed after the Issue Date. Such Security Document Order shall (i) state that it is being delivered to the Collateral Agent pursuant to, and is a Security Document Order referred to in,
this Section 12.08(r), and (ii) instruct the Collateral Agent to execute and enter into such Security Document and the Collateral Agent shall (without any obligation to review or negotiate the terms of such Security Document) sign any such
Security Document. Any such execution of a Security Document shall be at the direction and expense of the Co-Issuers, upon delivery to the Collateral Agent of an Officer’s Certificate and Opinion of
Counsel stating that all conditions precedent to the execution and delivery of the Security Document have been satisfied. The Holders, by their acceptance of the Notes, hereby authorize and direct the Collateral Agent to execute such Security
Documents without risk of liability. Notwithstanding the foregoing, in no event shall the Collateral Agent be required to execute and enter into any such Security Document if the Collateral Agent determines in its reasonable discretion that such
Security Document is reasonably likely to adversely affect any of the Collateral Agent’s rights, benefits, immunities, privileges or indemnities hereunder, require the Collateral Agent to expend or risk its own funds or cause the Collateral
Agent to incur any loss, liability or expense. 
 (s) Subject to the provisions of the applicable Security Documents and the
Intercreditor Agreements, each Holder, by acceptance of the Notes, agrees that the Collateral Agent shall execute and deliver the Intercreditor Agreements and the Security Documents to which it is a party and all agreements, documents and
instruments incidental thereto, and act in accordance with the terms thereof. For the avoidance of doubt, the Collateral Agent shall have no discretion under this Indenture, the Intercreditor Agreements or the Security Documents and shall not be
required to make or give any determination, consent, approval, request or direction without the written direction of the Holders of a majority in aggregate principal amount of the then outstanding Notes, the Trustee or, as expressly set forth
herein, the Co-Issuers, as applicable, subject, in each case, to all the rights, protections, privileges, indemnities and immunities afforded the Collateral Agent and the Trustee hereunder and under the
Security Documents. 
 (t) After the occurrence and continuance of an Event of Default, the Trustee, acting at the direction
of the Holders of a majority of the aggregate principal amount of the Notes then outstanding, may direct the Collateral Agent in connection with any action required or permitted by this Indenture, the Security Documents or the Intercreditor
Agreements. 
 (u) The Collateral Agent is authorized to receive any funds for the benefit of itself, the Trustee and the
Holders distributed under the Security Documents or the Intercreditor Agreements and to the extent not prohibited under the Intercreditor Agreements, for turnover to the Trustee to make further distributions of such funds to itself, the Trustee and
the Holders in accordance with the provisions of Section 6.11 and the other provisions of this Indenture. 
 (v) In each
case that the Collateral Agent may or is required hereunder or under any Security Document or any Intercreditor Agreement to take any action (an “Action”), including without limitation to make any determination, to give consents, to
exercise rights, powers or remedies, to release or sell Collateral or otherwise to act hereunder or under any Security Document or any Intercreditor Agreement, the Collateral Agent may seek direction from the Holders of a majority in aggregate
principal amount of the then outstanding Notes. The Collateral Agent shall not be liable with respect to any Action taken or omitted to be taken by it in accordance with the direction from the Holders of a majority in aggregate principal amount of
the then outstanding Notes. Subject to the provisions of Article IX, if the Collateral Agent shall request direction from the Holders of a majority in aggregate principal amount of the then outstanding Notes with respect to any Action, the
Collateral Agent shall be entitled to refrain from such Action unless and until the Collateral Agent shall have received direction from the Holders of a majority in aggregate principal amount of the then outstanding Notes, and the Collateral Agent
shall not incur liability to any Person by reason of so refraining. 

  
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 (w) Notwithstanding anything to the contrary in this Indenture or in any
Security Document or any Intercreditor Agreement, in no event shall the Collateral Agent or the Trustee be responsible for, or have any duty or obligation with respect to, the recording, filing, registering, perfection, protection or maintenance of
the Liens intended to be created by this Indenture, the Security Documents or the Intercreditor Agreements (including without limitation the filing or continuation of any UCC financing or continuation statements or similar registrations, documents
or instruments), nor shall the Collateral Agent or the Trustee be responsible for, and neither the Collateral Agent nor the Trustee makes any representation regarding, the validity, effectiveness or priority of any of the Security Documents or the
Liens intended to be created thereby. 
 (x) Before the Collateral Agent acts or refrains from acting in each case at the
request or direction of the Co-Issuers or the Guarantors, it may require an Officer’s Certificate and Opinion of Counsel, which shall conform to the provisions of this Section 12.08 and
Section 13.02. The Collateral Agent shall not be liable for any action it takes or omits to take in good faith in reliance on such certificate or opinion. 

(y) Notwithstanding anything to the contrary contained herein, the Collateral Agent shall act pursuant to the instructions of
the Holders, the Trustee and, as expressly set forth herein, the Co-Issuers, solely with respect to the Security Documents and the Collateral, except as otherwise set forth in any Intercreditor Agreement. 

Section 12.09 Junior Lien Priority Intercreditor Agreements. 

In the event that the Co-Issuers or any of the Guarantors incur Indebtedness required to be secured on
a Junior Lien Priority basis, subject to Section 12.08, the Collateral Agent will enter into a Junior Lien Priority Intercreditor Agreement which shall set forth the relative rights and obligations of the ABL Collateral Agent, the Collateral
Agent, on behalf of the Holders, and the holders of such Indebtedness. 
 ARTICLE 13 

MISCELLANEOUS 
 Section 13.01 Notices.

 (a) Any notice or communication by the Co-Issuers, any Guarantor or the Trustee to
the others or to them by the Holders is duly given if in writing and delivered in person or by first class mail (registered or certified, return receipt requested), facsimile transmission, e-mail or overnight
air courier guaranteeing next day delivery, to the others’ address: 
 If to the Co-Issuers or
any Guarantor: 
 Specialty Building Products Holdings, LLC 

2160 Satellite Boulevard, Suite 450 

Duluth, Georgia 30097 
 Attention:
Ronnie Stroud 
 Facsimile: (678) 474-4575 

E-mail: ronniestroud@uslumber.com 

with copies (which shall not constitute notice) to: 

Madison Dearborn Partners, LLC 

Three First National Plaza, Suite 4600 

Chicago, Illinois 60602 

Attention: Richard H. Copans and Drew Macha 

Facsimile: (312) 895-1001 

E-mail: rcopans@MDCP.com; dmacha@MDCP.com 

and 

  
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 Kirkland & Ellis International LLP 

30 St Mary Axe, 
 London EC3A 8AF

 United Kingdom 
 Attention:
Matthew C. Merkle 
 Facsimile: +44 20 7469 2001 

E-mail: matthew.merkle@kirkland.com 

If to the Trustee and/or the Collateral Agent: 

Ankura Trust Company, LLC 
 140
Sherman Street, 4th Floor 
 Fairfield, CT 06824 

Attention: Lisa Price, Managing Director 

Email: lisa.price@ankura.com 

The Co-Issuers, any Guarantor or the Trustee, by notice to the others, may designate additional or
different addresses for subsequent notices or communications. 
 (b) All notices and communications (other than those sent to
Holders) will be deemed to have been duly given: at the time delivered by hand, if personally delivered; five Business Days after being deposited in the mail, postage prepaid, if mailed; when receipt acknowledged, if transmitted by facsimile or e-mail; and the next Business Day after timely delivery to the courier, if sent by overnight air courier guaranteeing next day delivery. 

(c) Any notice or communication to a Holder will be electronically delivered or mailed by first class mail, certified or
registered, return receipt requested, or by overnight air courier guaranteeing next day delivery to its address shown on the register kept by the Registrar. Failure to send a notice or communication to a Holder or any defect in it will not affect
its sufficiency with respect to other Holders. 
 (d) If a notice or communication is sent in the manners provided above
within the time prescribed, it is duly given, whether or not the addressee receives it, except that notices to the Trustee and the Collateral Agent shall be effective only upon actual receipt thereof. 

(e) If the Co-Issuers send a notice or communication to Holders, they will send a copy
to the Trustee and each Agent at the same time. 
 (f) The Trustee agree to accept and act upon notice, instructions or
directions pursuant to this Indenture sent by unsecured e-mail, pdf, facsimile transmission or other similar unsecured electronic methods; provided, however, that the Trustee shall have
received an incumbency certificate listing persons designated to give such instructions or directions and containing specimen signatures of such designated persons, which such incumbency certificate shall be amended and replaced whenever a person is
to be added or deleted from the listing. If the Co-Issuers elect to give the Trustee e-mail or facsimile instructions (or instructions by a similar electronic method)
and the Trustee in their discretion elect to act upon such instructions, the Trustee’ understanding of such instructions shall be deemed controlling. The Trustee shall not be liable for any losses, costs or expenses arising directly or
indirectly from their reasonable reliance upon and compliance with such notice, instructions or directions notwithstanding such notice, instructions or directions conflict or are inconsistent with a subsequent notice, instructions or directions. The
Co-Issuers agree to assume all risks arising out of the use of such electronic methods to submit instructions and directions to the Trustee, including without limitation the risk of the Trustee acting on
unauthorized instructions, and the risk or interception and misuse by third parties. 

  
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 Section 13.02 Certificate and Opinion as to Conditions Precedent. 

Upon any request or application by the Co-Issuers or a Guarantor to the Trustee to take any action
under this Indenture, the Co-Issuers or such Guarantor, as applicable, shall furnish to the Trustee: 

(1) an Officer’s Certificate in form reasonably satisfactory to the Trustee (which must include the statements set forth
in Section 13.03) stating that, in the opinion of the signers, all conditions precedent and covenants, if any, provided for in this Indenture relating to the proposed action have been satisfied; provided, that such Officer’s
Certificate shall not be required to be furnished to the Trustee in connection with the authentication and delivery of the Initial Notes on the Issue Date; and 

(2) an Opinion of Counsel in form reasonably satisfactory to the Trustee stating that, in the opinion of such counsel, all such
conditions precedent and covenants have been satisfied. 
 Section 13.03 Statements Required in Certificate or Opinion. 

Each certificate or opinion with respect to compliance with a condition or covenant provided for in this Indenture must include: 

(1) a statement that the Person making such certificate or opinion has read such covenant or condition; 

(2) brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions
contained in such certificate or opinion are based; 
 (3) a statement that, in the opinion of such Person, he or she has
made such examination or investigation as is necessary to enable him or her to express an informed opinion as to whether or not such covenant or condition has been satisfied; and 

(4) a statement as to whether or not, in the opinion of such Person, such condition or covenant has been satisfied; 

provided that an issuer of an Opinion of Counsel may rely as to matters of fact on an Officer’s Certificate or a certificate of a public official
and an Officer executing an Officer’s Certificate may rely as to legal conclusions on an Opinion of Counsel. 
 Section 13.04 Rules by Trustee
and Agents. 
 The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar, Paying Agent or Transfer
Agent may make reasonable rules and set reasonable requirements for its functions. 
 Section 13.05 No Personal Liability of Directors, Officers,
Employees and Equity Holders, including Members. 
 No director, officer, employee, incorporator or equity holder, including members, of
the Co-Issuers, the Parent Guarantor or any other Guarantor, as such, will have any liability for any obligations of the Co-Issuers, the Parent Guarantor or any other
Guarantor under the Notes, this Indenture, the Note Guarantees, the Security Documents or for any claim based on, in respect of, or by reason of, such obligations or their creation. Each Holder of Notes by accepting a Note waives and releases all
such liability. The waiver and release are part of the consideration for issuance of the Notes. The waiver may not be effective to waive liabilities under the federal securities laws. 

Section 13.06 Governing Law. 
 THE INTERNAL
LAW OF THE STATE OF NEW YORK WILL GOVERN AND BE USED TO CONSTRUE THIS INDENTURE, THE NOTES, THE NOTE GUARANTEES AND THE SECURITY DOCUMENTS WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE
LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

  
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 Section 13.07 No Adverse Interpretation of Other Agreements. 

This Indenture may not be used to interpret any other indenture, loan or debt agreement of the Parent Guarantor or its Subsidiaries or of any
other Person. Any such indenture, loan or debt agreement may not be used to interpret this Indenture. 
 Section 13.08 Successors. 

All agreements of the Co-Issuers in this Indenture and the Notes will bind its successors. All
agreements of the Trustee in this Indenture will bind their successors. All agreements of each Guarantor in this Indenture will bind its successors, except as otherwise provided in Section 10.05. 

Section 13.09 Severability. 
 In case
any provision in this Indenture or in the Notes is invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby. 

Section 13.10 Intercreditor Agreements. 

Reference is made to the Intercreditor Agreements. Each Holder, by its acceptance of a Note, (a) consents to the subordination of Liens on
the ABL Priority Collateral provided for in the Intercreditor Agreements, (b) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreements and (c) authorizes and instructs the Trustee
and the Collateral Agent to enter into the Intercreditor Agreements as Trustee and as Collateral Agent, as the case may be, and on behalf of such Holder, including without limitation, making the representations of the Holders contained therein. The
foregoing provisions are intended as an inducement to the lenders under the ABL Credit Agreement to extend credit and such lenders are intended third party beneficiaries of such provisions and the provisions of the Intercreditor Agreements. 

Section 13.11 Counterpart Originals. 

The parties may sign any number of copies of this Indenture. Each signed copy will be an original, but all of them together represent the same
agreement. Delivery of an executed counterpart of a signature page to this Indenture by facsimile, email or other electronic means shall be effective as delivery of a manually executed counterpart of this Indenture. Signatures of the parties hereto
transmitted by facsimile or PDF shall be deemed to be their original signatures for all purposes. In furtherance of the foregoing, the words “execution”, “signed”, “signature”, “delivery” and words of like
import in or relating to any document to be signed in connection with this Indenture and the transactions contemplated hereby or thereby shall be deemed to include Electronic Signatures, deliveries 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, physical delivery thereof 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. As used
herein, “Electronic Signature” means an electronic sound, symbol, or process attached to, or associated with, a contract or other record and adopted by a Person with the intent to sign, authenticate or accept such contract or other  
 Section 13.12 Table of Contents, Headings, etc. 

The Table of Contents, Cross-Reference Table and Headings of the Articles and Sections of this Indenture have been inserted for convenience of
reference only, are not to be considered a part of this Indenture and will in no way modify or restrict any of the terms or provisions hereof. 

  
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 Section 13.13 Waiver of Jury Trial. 

EACH OF THE CO-ISSUERS, THE GUARANTORS (IF ANY), EACH HOLDER OF A NOTE BY ITS ACCEPTANCE THEREOF AND
THE TRUSTEE IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS INDENTURE, THE NOTES, THE NOTE GUARANTEES OR THE TRANSACTION
CONTEMPLATED HEREBY. 
 Section 13.14 Foreign Account Tax Compliance Act (FATCA). 

The Co-Issuers agree (i) to provide the Trustee with such reasonable information as it has in its
possession to enable the Trustee to determine whether any payments pursuant to this Indenture are subject to the withholding requirements described in Section 1471(b) of the Code or otherwise imposed pursuant to Sections 1471 through 1474 of
the Code and any regulations, or agreements thereunder or official interpretations thereof (“Applicable Law”), and (ii) that the Trustee shall be entitled to make any withholding or deduction from payments under this Indenture to
the extent necessary to comply with Applicable Law. 
 Section 13.15 Force Majeure. 

Neither the Trustee nor the Collateral Agent shall be liable for delays or failures in performance resulting from acts beyond its control
including, without limitation, strikes, work stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities, communications or
computer (software and hardware) services; it being understood that the Trustee and the Collateral Agent shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable
under the circumstances. 
 [Signatures on following page] 

  
 -152- 

 SIGNATURES 

Dated as of September 30, 2020 
  

			
	SPECIALTY BUILDING PRODUCTS HOLDINGS, LLC
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	SBP FINANCE CORP.
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	SPECIALTY BUILDING PRODUCTS INTERMEDIATE II, LLC, AS PARENT GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	ALEXANDRIA MOULDING, INC., AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	ALEXANDRIA MW, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer

 [Signature Page to Indenture] 

			
	ALEXANDRIA NE, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	ALEXDIRECT, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	KIRBY HOLDINGS, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	NATIONAL SERVICE SOLUTIONS US, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	NOLL HOLDINGS, INC., AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
	
	USL LOGISTICS, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer
		 	
	
	U.S. LUMBER GROUP, LLC, AS GUARANTOR
		
	By:	 	 /s/ Ronald Stroud

		 	Name: Ronald Stroud
		 	Title: Chief Financial Officer

 [Signature Page to Indenture] 

 
			
	U.S. LUMBER GROUP, LLC
	AS GUARANTOR
		
	By:	 	
                     
                                         
               

		 	Name:
		 	Title:
	
	ANKURA TRUST COMPANY, LLC, as Trustee and Collateral Agent
		
	By:	 	 /s/ Lisa J. Price

		 	Name: Lisa J. Price
		 	Title: Managing Director

 [Signature Page to the Indenture]

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