Document:

Registration Rights Agreement, Dated as of May 28, 2010

 Exhibit 4.2 

EXECUTION COPY 
  

 
 REGISTRATION RIGHTS AGREEMENT

 Dated as of May 28, 2010 

by and among 

THE HILLMAN GROUP INC. 

THE GUARANTORS LISTED ON SCHEDULE I HERETO 

and 

BARCLAYS CAPITAL INC. and MORGAN STANLEY & CO. INCORPORATED 

 
  

 This Registration Rights Agreement (this “Agreement”) is made and
entered into as of May 28, 2010 by and among the Hillman Group, Inc., a Delaware corporation (the “Company”), the guarantors listed on Schedule I hereto (the “Guarantors”) and Barclays Capital
Inc. and Morgan Stanley & Co. Incorporated, as representatives of the several initial purchasers named in Schedule I attached to the Purchase Agreement (as defined below (each such initial purchaser, an “Initial
Purchaser” and, together, the “Initial Purchasers”), each of whom has agreed to purchase the Company’s 10.875% Senior Notes Due 2018 (the “Initial Notes”) pursuant to the
Purchase Agreement (as defined below). 
 This Agreement is made pursuant to the Purchase Agreement, dated May 18, 2010
(the “Purchase Agreement”), by and among the Company, the Guarantors and the Initial Purchasers. In order to induce the Initial Purchasers to purchase the Initial Notes, the Company and the Guarantors have agreed to provide
the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the obligations of the Initial Purchasers set forth in Section 7 of the Purchase Agreement. Capitalized terms used herein and
not otherwise defined shall have the meaning assigned to them in the Indenture, dated as of May 28, 2010, among the Company, the Guarantors and Wells Fargo Bank, National Association, as trustee, relating to the Initial Notes and the Exchange
Notes (the “Indenture”). 
 The parties hereby agree as follows: 

SECTION 1.    DEFINITIONS 

As used in this Agreement, the following capitalized terms shall have the following meanings: 

Act:    The Securities Act of 1933, as amended, and the rules and regulations of the Commission
promulgated thereunder. 
 Affiliate:    As defined in Rule 144 of the Act. 

Broker-Dealer:    Any broker or dealer registered under the Exchange Act. 

Business Day:    Any day other than a Saturday, a Sunday or a day on which banking institutions in the
City of New York or at a place of payment are authorized by law, regulation or executive order to remain closed. If the time to perform any action hereunder falls on a day that is not a Business Day, such time will be extended to the next Business
Day and no Special Interest shall accrue for the intervening period. 
 Closing Date:    The
date hereof. 
 Commission:    The Securities and Exchange Commission. 

Consummate:    An Exchange Offer shall be deemed “Consummated” for purposes of this Agreement
upon the occurrence of (a) the filing and effectiveness under the Act of the Exchange Offer Registration Statement relating to the Exchange Notes to be issued in the Exchange Offer, (b) the maintenance of such Exchange Offer Registration
Statement continuously effective and the keeping of the Exchange Offer open for a period not less than the period required pursuant to 

 

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Section 3(b) hereof, and (c) the delivery by the Company to the Registrar (as defined in the Indenture) under the Indenture of Exchange Notes in the same aggregate principal amount as
the aggregate principal amount of Initial Notes tendered by Holders thereof pursuant to the Exchange Offer. 

Consummation Deadline:    As defined in Section 3(b) hereof. 

Effectiveness Deadline:    As defined in Sections 3(a) and 4(a) hereof. 

Exchange Act:    The Securities Exchange Act of 1934, as amended, and the rules and regulations of the
Commission promulgated thereunder. 
 Exchange Notes:    The Company’s 10.875% Senior
Notes due 2018 to be issued pursuant to the Indenture: (i) in the Exchange Offer or (ii) as contemplated by Section 4 hereof. 

Exchange Offer:    The exchange and issuance by the Company of a principal amount of Exchange Notes
(which shall be registered pursuant to the Exchange Offer Registration Statement) equal to the outstanding principal amount of Initial Notes that are validly tendered and not withdrawn by such Holders in connection with such exchange and issuance.

 Exchange Offer Registration Statement:    The Registration Statement relating to the
Exchange Offer, including the related Prospectus. 
 Filing Deadline:    As defined in
Sections 3(a) and 4(a) hereof. 
 Free Writing Prospectus:    Each offer to sell or
solicitation of an offer to buy the Initial Notes or the Exchange Notes that would constitute a “free writing prospectus” as defined in Rule 405 under the Securities Act, prepared by or on behalf of the Company or used or referred to by
the Company in connection with the sale of the Initial Notes or the Exchange Notes. 

Holders:    As defined in Section 2 hereof. 

Interest Payment Date:    As defined in the Initial Notes and Exchange Notes. 

Prospectus:    The prospectus included in a Registration Statement at the time such Registration
Statement is declared effective, as amended or supplemented by any prospectus supplement and by all other amendments thereto, including post-effective amendments, and all material incorporated by reference into such Prospectus. 

Recommencement Date:    As defined in Section 6(d) hereof. 

Registration Default:    As defined in Section 5 hereof. 

Registration Statement:    Any registration statement of the Company and the Guarantors relating to
(a) an offering of Exchange Notes pursuant to an Exchange Offer or (b) the registration for resale of Transfer Restricted Securities pursuant to the Shelf Registration Statement, in each case, (i) that is filed pursuant to the
provisions of this Agreement, (ii) including the Prospectus included therein, and (iii) including all amendments and supplements thereto (including post-effective amendments) and all exhibits and material incorporated by reference therein.

  

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 Rule 144:    Rule 144 promulgated under the Act.

 Shelf Registration Statement:    As defined in Section 4 hereof. 

Special Interest.    As defined in Section 5 hereof. 

Suspension Notice:    As defined in Section 6(d) hereof. 

TIA:    The Trust Indenture Act of 1939 (15 U.S.C. Section 77aaa-77bbbb) as in effect on the date
of the Indenture. 
 Transfer Restricted Securities:    Each Initial Note until the earliest
to occur of (a) the date on which such Initial Note has been exchanged in the Exchange Offer by a Person other than a Broker-Dealer for an Exchange Note and is entitled to be resold to the public by the Holder thereof without complying with the
prospectus delivery requirements of the Act, (b) following the exchange by a Broker-Dealer in the Exchange Offer of an Initial Note for an Exchange Note, the date on which such Exchange Note is sold to a purchaser who receives from such
Broker-Dealer on or prior to the date of such sale a copy of the Prospectus contained in the Exchange Offer Registration Statement, (c) the date on which such Initial Note has been effectively registered under the Act and disposed of in
accordance with the Shelf Registration Statement; (d) the date on which such Initial Note is sold or otherwise distributed to a Person who is not the Company or an Affiliate of the Company; provided, that an Initial Note will not cease
to be a Transfer Restricted Security for purposes of the Exchange Offer by virtue of this clause (d); or (e) the earliest date that is no less than two years after the date of the Indenture and on which all such Initial Notes (except for
Initial Notes held by an Affiliate of the Company) are no longer subject to any restrictions on transfer under the Act, including Rule 144. 

SECTION 2.    HOLDERS 

A Person is deemed to be a holder of Transfer Restricted Securities (each, a “Holder”) whenever such Person owns
Transfer Restricted Securities. 
 SECTION 3.    REGISTERED EXCHANGE OFFER 

(a)    To the extent not prohibited by any applicable law or Commission policy, the Company and the Guarantors shall
(i) cause the Exchange Offer Registration Statement to be filed with the Commission no later than the 180th day after the initial issuance of the Initial Notes (such date being the “Filing Deadline”), (ii) use all
commercially reasonable efforts to cause such Exchange Offer Registration Statement to become effective no later than 270 days after the Filing Deadline (such 270th day being the “Effectiveness Deadline”), (iii) in
connection with the foregoing, use all commercially reasonable efforts to (A) file all pre-effective amendments to such Exchange Offer Registration Statement as may be necessary in order to cause it to become effective, (B) file, if
applicable, a post-effective amendment to such Exchange Offer Registration Statement, and (C) cause all necessary filings, if any, in connection with the registration and qualification of the Exchange Notes to be made under the Blue Sky laws of
such 
  

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jurisdictions as are necessary to permit Consummation of the Exchange Offer, provided, however, that neither the Company nor any Guarantor shall be required to take any action that
would subject them to general service of process or taxation in any jurisdiction where they are not already subject, and (iv) unless the Exchange Offer shall not be permitted by applicable law or Commission policy (after the procedures set
forth in Section 6(a)(i) below have been complied with), upon the effectiveness of such Exchange Offer Registration Statement, commence and use all commercially reasonable efforts to Consummate the Exchange Offer. The Exchange Offer shall be on
the appropriate form permitting (i) registration of the Exchange Notes to be offered in exchange for the Initial Notes that are Transfer Restricted Securities and (ii) resales of Exchange Notes by Broker-Dealers that tendered into the
Exchange Offer Initial Notes that such Broker-Dealer acquired for its own account as a result of market-making activities or other trading activities (other than Initial Notes acquired directly from the Company or any of its Affiliates) as
contemplated by Section 3(c) below. 
 (b)    To the extent not prohibited by any applicable law or
Commission policy, the Company and the Guarantors shall use all commercially reasonable efforts to cause the Exchange Offer Registration Statement to be effective continuously, and shall keep the Exchange Offer open for a period of not less than the
minimum period required under applicable federal and state securities laws to Consummate the Exchange Offer; provided, however, that in no event shall such period be less than 20 Business Days. The Company and the Guarantors shall cause the
Exchange Offer to comply with all applicable federal and state securities laws. No securities other than the Exchange Notes shall be included in the Exchange Offer Registration Statement. The Company and the Guarantors shall use all commercially
reasonable efforts to cause the Exchange Offer to be Consummated on the earliest practicable date after the Exchange Offer Registration Statement has become effective, but in no event later than 30 Business Days or longer, if required by the federal
securities laws, after the date on which the Exchange Offer Registration Statement has become effective (such 30th day, or such later date required by the federal securities laws, being the “Consummation Deadline”).

 (c)    The Company shall include a “Plan of Distribution” section in the Prospectus contained
in the Exchange Offer Registration Statement and indicate therein that any Broker-Dealer who holds Transfer Restricted Securities that were acquired for the account of such Broker-Dealer as a result of market-making activities or other trading
activities (other than Initial Notes acquired directly from the Company or any Affiliate of the Company), may exchange such Transfer Restricted Securities pursuant to the Exchange Offer. Such “Plan of Distribution” section shall also
contain all other information with respect to such sales by such Broker-Dealers that the Commission may require in order to permit such sales pursuant thereto, but such “Plan of Distribution” shall not name any such Broker-Dealer or
disclose the amount of Transfer Restricted Securities held by any such Broker-Dealer, except to the extent required by the Commission as a result of a change in policy, rules or regulations after the date of this Agreement. 

Because such Broker-Dealer may be deemed to be an “underwriter” within the meaning of the Act and must, therefore, deliver a
prospectus meeting the requirements of the Act in connection with its initial sale of any Exchange Notes received by such Broker-Dealer in the Exchange Offer, the Company and Guarantors shall permit the use of the Prospectus contained in the
Exchange Offer Registration Statement by such Broker Dealer to satisfy such prospectus 
  

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delivery requirement. To the extent necessary to ensure that the Prospectus contained in the Exchange Offer Registration Statement is available for sales of Exchange Notes by Broker-Dealers, the
Company and the Guarantors agree to use all commercially reasonable efforts to keep the Exchange Offer Registration Statement continuously effective, supplemented, amended and current as required by and subject to the provisions of Sections 6(a) and
(c) hereof and in conformity with the requirements of this Agreement, the Act and the policies, rules and regulations of the Commission as announced from time to time, for a period of 180 days from the Consummation Deadline or such shorter
period as will terminate when all Transfer Restricted Securities covered by such Registration Statement have been sold pursuant thereto. The Company and the Guarantors shall provide sufficient copies of the latest version of such Prospectus to such
Broker-Dealers, promptly upon request, and in no event later than five Business Days after such request, at any time during such period. 

SECTION 4.    SHELF REGISTRATION 

(a)    Shelf Registration. If (i) the Company and the Guarantors are not (A) required to file the
Exchange Offer Registration Statement or (B) permitted to Consummate the Exchange Offer because the Exchange Offer is not permitted by applicable law or Commission policy (after the Company and the Guarantors have complied with the procedures
set forth in Section 6(a)(i) below) or (ii) any Holder notifies the Company prior to the 20th Business Day following Consummation of the Exchange Offer that (A) such Holder is prohibited by law or Commission policy from participating
in the Exchange Offer, (B) such Holder may not resell the Exchange Notes acquired by it in the Exchange Offer to the public without delivering a prospectus and the Prospectus contained in the Exchange Offer Registration Statement is not
appropriate or available for such resales by such Holder or (C) such Holder is a Broker-Dealer and holds Initial Notes acquired directly from the Company or any of its Affiliates, then the Company and the Guarantors shall: 

(x)    use all commercially reasonable efforts to file, on or prior to the later of (i) 30 days after the
earlier of (A) the date as of which the Company determines that the Exchange Offer Registration Statement will not be or cannot be, as the case may be, filed as a result of clause (a)(i) above and (B) the date on which the Company receives
the notice specified in clause (a)(ii) above and (ii) 180 days after the initial issuance of the Initial Notes (such later date, the “Shelf Filing Deadline”), a shelf registration statement pursuant to Rule 415 under the
Act (which may be an amendment to the Exchange Offer Registration Statement (the “Shelf Registration Statement”)), covering the resale of all Transfer Restricted Securities, and 

(y)    use all commercially reasonable efforts to cause such Shelf Registration Statement to become effective on or
prior to the later of (i) 60 days after the Shelf Filing Deadline and (ii) 270 days after the initial issuance of the Initial Notes (such later date, the “Shelf Effectiveness Deadline”). 

If, after the Company and the Guarantors have filed an Exchange Offer Registration Statement that satisfies the requirements of
Section 3(a) above, the Company and the Guarantors are required to file and make effective a Shelf Registration Statement solely because the Exchange Offer is not permitted under applicable federal law (i.e., clause (a)(i)(B) above), then the
filing of the Exchange Offer Registration Statement shall be deemed to satisfy the requirements of clause (x) above; provided that, in such event, the Company and the Guarantors shall remain obligated to meet the Shelf Effectiveness
Deadline set forth in clause (y). 
  

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 To the extent necessary to ensure that the Shelf Registration Statement is available for
sales of Transfer Restricted Securities by the Holders thereof entitled to the benefit of this Section 4(a) and the other securities required to be registered therein pursuant to Section 6(b)(ii) hereof, the Company and the Guarantors
shall use all commercially reasonable efforts to keep any Shelf Registration Statement required by this Section 4(a) continuously effective, supplemented, amended and current as required by and subject to the provisions of Sections 6(b) and
6(c) hereof and in conformity with the requirements of this Agreement, the Act and the policies, rules and regulations of the Commission as announced from time to time, for a period of at least one year (as extended pursuant to Section 6(c)(i)
or 6(d)) following the Closing Date, or such shorter period as will terminate when all Transfer Restricted Securities covered by such Shelf Registration Statement have been sold pursuant thereto or are no longer Transfer Restricted Securities.

 (b)    Provision by Holders of Certain Information in Connection with the Shelf Registration
Statement. No Holder may include any of its Transfer Restricted Securities in any Shelf Registration Statement pursuant to this Agreement unless and until such Holder furnishes to the Company in writing, within 15 days after receipt of a request
therefor, the information specified in Item 507 or 508 of Regulation S-K, as applicable, of the Act, or other information reasonably requested by the Company or required by Regulation S-K of the Act, for use in connection with any Shelf
Registration Statement or Prospectus or preliminary Prospectus included therein. No Holder shall be entitled to Special Interest pursuant to Section 5 hereof unless and until (and from and after such time) such Holder shall have provided all
such information. Each selling Holder agrees to promptly furnish additional information required to be disclosed in order to make the information previously furnished to the Company by such Holder not materially misleading and shall promptly supply
such other information as the Company may from time to time reasonably request. 
 SECTION 5.    SPECIAL INTEREST 

 If (i) any Registration Statement required by this Agreement is not filed with the Commission on or prior to the
applicable Filing Deadline, (ii) any such Registration Statement has not been declared effective by the Commission on or prior to the applicable Effectiveness Deadline, (iii) the Exchange Offer has not been Consummated on or prior to 30
Business Days after the Effectiveness Deadline with respect to the Exchange Offer Registration Statement, or (iv) any Registration Statement required by this Agreement is filed and declared effective but shall thereafter cease to be effective
or fail to be usable for its intended purpose (each such event referred to in clauses (i) through (iv), a “Registration Default”), then the Company and the Guarantors hereby jointly and severally agree to pay to each
Holder affected thereby special interest (“Special Interest”) in an amount equal to 0.25% per annum of the principal amount of Transfer Restricted Securities held by such Holder for each week or portion thereof that the
Registration Default continues for the first 90-day period immediately following the occurrence of the first such Registration Default. The amount of Special Interest shall increase by an additional 0.25% per annum of the principal amount of
Transfer Restricted Securities with respect to each subsequent 90-day period until all Registration Defaults have been cured, up to a 

 

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maximum amount of Special Interest of 0.50% per annum of the principal amount of Transfer Restricted Securities; provided that the Company and the Guarantors shall in no event be
required to pay Special Interest for more than one Registration Default at any given time. Notwithstanding anything to the contrary set forth herein, (1) upon filing of the Exchange Offer Registration Statement (and/or, if applicable, the Shelf
Registration Statement), in the case of clause (i) above, (2) upon the effectiveness of the Exchange Offer Registration Statement (and/or, if applicable, the Shelf Registration Statement), in the case of clause (ii) above,
(3) upon Consummation of the Exchange Offer, in the case of clause (iii) above, or (4) upon the filing of a post-effective amendment to the Registration Statement or an additional Registration Statement that causes the Exchange Offer
Registration Statement (and/or, if applicable, the Shelf Registration Statement) to again be declared effective or made usable in the case of clause (iv) above, the Special Interest payable with respect to the Transfer Restricted Securities as
a result of such clause (i), (ii), (iii), or (iv), as applicable, shall cease on the date of such cure and the interest rate on such Transfer Restricted Securities will revert to the interest rate on such Transfer Restricted Securities prior to the
applicable Registration Default. 
 All accrued Special Interest shall be paid by the Company and the Guarantors (or the Company
and the Guarantors will cause the Paying Agent to make such payment on their behalf) to the Holders entitled thereto, in the manner provided for the payment of interest in the Indenture, on each Interest Payment Date, as more fully set forth in the
Indenture, the Initial Notes and the Exchange Notes. Notwithstanding the fact that any securities for which Special Interest are due cease to be Transfer Restricted Securities, all obligations of the Company and the Guarantors to pay Special
Interest with respect to securities that accrued prior to the time that such securities ceased to be Transfer Restricted Securities shall survive until such time as such obligations with respect to such securities shall have been satisfied in full.

 SECTION 6.    REGISTRATION PROCEDURES 

(a)    Exchange Offer Registration Statement. In connection with the Exchange Offer, the Company and the
Guarantors shall (x) comply with all applicable provisions of Section 6(c) below, (y) use all commercially reasonable efforts to effect such exchange and to permit the resale of Exchange Notes by Broker-Dealers that tendered in the
Exchange Offer Initial Notes that such Broker-Dealer acquired for its own account as a result of its market-making activities or other trading activities (other than Initial Notes acquired directly from the Company or any of its Affiliates) being
sold in accordance with the intended method or methods of distribution thereof, and (z) comply with all of the following provisions: 

(i)    If, following the date hereof there has been announced a change in Commission policy with
respect to exchange offers such as the Exchange Offer, that in the reasonable opinion of counsel to the Company raises a substantial question as to whether the Exchange Offer is permitted by applicable federal law, the Company and the Guarantors
hereby agree to use all commercially reasonable efforts to either (x) seek a no-action letter or other favorable decision from the Commission allowing the Company and the Guarantors to Consummate an Exchange Offer for such Transfer Restricted
Securities, or (y) file, in accordance with Section 4(a) hereof, a Shelf Registration Statement to permit the registration and/or resale of the Transfer Restricted Securities that would otherwise be covered by the Exchange Offer
Registration Statement but for the 
  

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announcement of a change in Commission policy. In the case of clause (x) above, the Company and the Guarantors hereby agree to pursue the issuance of such a decision to the Commission staff
level but shall not be required to take action not commercially reasonable to affect a change of Commission policy. In connection with the foregoing, the Company and the Guarantors hereby agree to take all such other actions as may be requested by
the Commission or otherwise reasonably required in connection with the issuance of such decision, including without limitation (A) participating in telephonic conferences with the Commission, (B) delivering to the Commission staff an
analysis prepared by counsel to the Company setting forth the legal bases, if any, upon which such counsel has concluded that such an Exchange Offer should be permitted, and (C) diligently pursuing a resolution (which need not be favorable and
which need not be a written resolution) by the Commission staff. 
 (ii)    As a condition to
its participation in the Exchange Offer, each Holder (including, without limitation, any Holder who is a Broker-Dealer) shall furnish, upon the request of the Company, prior to the Consummation of the Exchange Offer, a written representation to the
Company and the Guarantors (which may be contained in the letter of transmittal contemplated by the Exchange Offer Registration Statement) to the effect that (A) it is not an Affiliate of the Company, (B) it is not engaged in, and does not
intend to engage in, and has no arrangement or understanding with any Person to participate in, a distribution of the Exchange Notes to be issued in the Exchange Offer, (C) it is acquiring the Exchange Notes in its ordinary course of business,
and (D) only if such Holder is a Broker-Dealer that will receive Exchange Notes in exchange for Initial Notes that such Broker-Dealer acquired for its own private account as a result of market making or other trading activities, it will deliver
a Prospectus, as required by law, in connection with any sale of such Exchange Notes. As a condition to its participation in the Exchange Offer, each Holder using the Exchange Offer to participate in a distribution of the Exchange Notes shall
acknowledge and agree that, if the resales are of Exchange Notes obtained by such Holder in exchange for Initial Notes acquired directly from the Company or an Affiliate thereof, it (1) could not, under Commission policy as in effect on the
date of this Agreement, rely on the position of the Commission enunciated in Morgan Stanley and Co., Inc. (available June 5, 1991) and Exxon Capital Holdings Corporation (available May 13, 1988), as interpreted in the
Commission’s letter to Shearman & Sterling dated July 2, 1993, and similar no-action letters (including, if applicable, any no-action letter obtained pursuant to clause (i) above), and (2) must comply with the
registration and prospectus delivery requirements of the Act in connection with a secondary resale transaction and that such a secondary resale transaction must be covered by an effective registration statement containing the selling security holder
information required by Item 507 or 508, as applicable, of Regulation S-K. 

(iii)    Prior to effectiveness of the Exchange Offer Registration Statement, the Company and the
Guarantors shall provide a supplemental letter to the Commission (A) stating that the Company and the Guarantors are registering the Exchange Offer in reliance on the position of the Commission enunciated in Exxon Capital Holdings
Corporation (available May 13, 1988), Morgan Stanley and Co., Inc. (available June 5, 1991) as interpreted in the Commission’s letter to Shearman & Sterling dated July 2, 1993,

  

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and, if applicable, any no-action letter obtained pursuant to clause (i) above, (B) including a representation that the Company and Guarantors have not entered into any arrangement or
understanding with any Person to distribute the Exchange Notes to be received in the Exchange Offer and that, to the Company’s and each Guarantor’s information and belief, each Holder participating in the Exchange Offer is acquiring the
Exchange Notes in its ordinary course of business and has no arrangement or understanding with any Person to participate in the distribution of the Exchange Notes received in the Exchange Offer, and (C) any other undertaking or representation
required by the Commission as set forth in any no-action letter obtained pursuant to clause (i) above, if applicable. 

(b)    Shelf Registration Statement. In connection with the Shelf Registration Statement, the Company and the
Guarantors shall: 
 (i)    comply with all the provisions of Section 6(c) below and use
all commercially reasonable efforts to effect such registration to permit the sale of the Transfer Restricted Securities being sold in accordance with the intended method or methods of distribution thereof (as indicated in the information furnished
to the Company pursuant to Section 4(b) hereof), and pursuant thereto the Company and the Guarantors will prepare and file with the Commission a Registration Statement relating to the registration on any appropriate form under the Act, which
form shall be available for the sale of the Transfer Restricted Securities in accordance with the intended method or methods of distribution thereof within the time periods and otherwise in accordance with the provisions hereof, and 

(ii)    issue to any Holder or purchaser of Initial Notes covered by any Shelf Registration Statement
contemplated by this Agreement, upon the request of the Holder or purchaser, registered Initial Notes having an aggregate principal amount equal to the aggregate principal amount of Initial Notes sold pursuant to the Shelf Registration Statement and
surrendered to the Company for cancellation in the names as such Holder or purchaser shall designate; provided that such Holder or purchaser provides all documentation reasonably requested by the Company in connection with such issuance.

 (c)    General Provisions. In connection with any Registration Statement and any related
Prospectus required by this Agreement, the Company and the Guarantors shall: 
 (i)    use
all commercially reasonable efforts to keep such Registration Statement continuously effective and provide all requisite financial statements for the period specified in Section 3 or 4 of this Agreement, as applicable. Upon the occurrence of
any event that would cause any such Registration Statement or the Prospectus contained therein (A) to contain an untrue statement of material fact or omit to state any material fact required to be stated therein or necessary to make the
statements therein not misleading, or (B) not to be effective and usable for resale of Transfer Restricted Securities during the period required by this Agreement, the Company and the Guarantors shall file as promptly as practicable an
appropriate amendment to such Registration Statement curing such defect, and, if Commission review is required, use all commercially reasonable efforts to cause such amendment to be declared effective as soon as practicable. 

 

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 (ii)    use all commercially reasonable efforts to
prepare and file with the Commission such amendments and post-effective amendments to the applicable Registration Statement as may be necessary to keep such Registration Statement effective for the applicable period set forth in Section 3 or 4
hereof, as the case may be; cause the Prospectus to be supplemented by any required Prospectus supplement, and as so supplemented to be filed pursuant to Rule 424 under the Act, and to comply fully with Rules 424, 430A, and 462, as applicable, under
the Act in a timely manner; and comply with the provisions of the Act with respect to the disposition of all securities covered by such Registration Statement during the applicable period in accordance with the intended method or methods of
distribution by the sellers thereof set forth in such Registration Statement or supplement to the Prospectus; 

(iii)    advise (a) each Holder whose Transfer Restricted Securities have been included in a
Shelf Registration Statement (in the case of a Shelf Registration Statement), and (b) each Holder who has provided notice to the Company promptly and, if requested by such Holder, confirm such advice in writing, (A) when the Prospectus or
any Prospectus supplement or post-effective amendment has been filed, and, with respect to any applicable Registration Statement or any post-effective amendment thereto, when the same has become effective, (B) of any request by the Commission
for amendments to the Registration Statement or amendments or supplements to the Prospectus or for additional information relating thereto, (C) of the issuance by the Commission of any stop order suspending the effectiveness of the Registration
Statement under the Act or of the suspension by any state securities commission of the qualification of the Transfer Restricted Securities for offering or sale in any jurisdiction, or the initiation of any proceeding for any of the preceding
purposes, and (D) of the happening of any event that requires the Company to make changes in the Registration Statement or the Prospectus in order that the Registration Statement or the Prospectus, any amendment or supplement thereto or any
document incorporated by reference therein do not contain an untrue statement of material fact nor omit to state a material fact required to be stated therein or necessary to make the statements therein (in the case of the Prospectus, in light of
the circumstances under which they were made) not misleading. If at any time the Commission shall issue any stop order suspending the effectiveness of the Registration Statement, or any state securities commission or other regulatory authority shall
issue an order suspending the qualification or exemption from qualification of the Transfer Restricted Securities under state securities or Blue Sky laws, the Company and the Guarantors shall use all commercially reasonable efforts to obtain the
withdrawal or lifting of such order at the earliest possible time; 
 (iv)    subject to
Section 6(d), if any fact or event contemplated by Section 6(c)(iii)(D) above shall exist or have occurred, prepare a supplement or post-effective amendment to the Registration Statement or related Prospectus or any document incorporated
therein by reference or file any other required document so that, as thereafter delivered to the purchasers of Transfer Restricted Securities, the Prospectus will not contain an untrue statement of a material fact or omit to state any material fact
necessary to make the statements therein, in the light of the circumstances under which they were made, not misleading; 
  

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 (v)    furnish to each Holder whose Transfer Restricted
Securities have been included in a Shelf Registration Statement (in the case of a Shelf Registration Statement) in connection with such exchange, registration or sale, if any, before filing with the Commission, copies of any Registration Statement
or any Prospectus included therein or any amendments or supplements to any such Registration Statement or Prospectus (including all documents incorporated by reference after the initial filing of such Registration Statement), which documents will be
subject to the reasonable review and comment of such Holders in connection with such sale, if any, for a period of at least three Business Days, and the Company will not file any such Registration Statement or Prospectus or any amendment or
supplement to any such Registration Statement or Prospectus (including all such documents incorporated by reference) to which such Holders shall reasonably object within three Business Days after the receipt thereof. A Holder shall be deemed to have
reasonably objected to such filing if such Registration Statement, amendment, Prospectus or supplement, as applicable, as proposed to be filed, contains an untrue statement of a material fact or omits to state any material fact necessary to make the
statements therein not misleading or fails to comply with the applicable requirements of the Act; 

(vi)    promptly prior to the filing of any document that is to be incorporated by reference into a
Registration Statement or Prospectus in connection with such exchange, registration or sale, if any, provide copies of such document to each Holder whose Transfer Restricted Securities have been included in a Shelf Registration Statement (in the
case of a Shelf Registration Statement) in connection with such exchange, registration or sale, if any, make the Company’s and the Guarantors’ representatives available for discussion of such document and other customary due diligence
matters, subject to execution and delivery of customary confidentiality agreements, and include such information in such document prior to the filing thereof as such Holders may reasonably request; 

(vii)    make available, at reasonable times, for inspection by each Holder whose Transfer Restricted
Securities have been included in a Shelf Registration Statement (in the case of a Shelf Registration Statement) and any attorney or accountant retained by such Holders, all financial and other records, pertinent corporate documents of the Company
and the Guarantors reasonably requested and cause the Company’s and the Guarantors’ officers, directors and employees to supply all information reasonably requested by any such Holder, attorney or accountant in connection with such
Registration Statement or any post-effective amendment thereto subsequent to the filing thereof and prior to its effectiveness; provided that any Holder or representative thereof requesting or receiving such information shall agree to be
bound by customary confidentiality agreements and procedures with respect thereto; 

(viii)    if requested by any Holders whose Transfer Restricted Securities have been included in a
Shelf Registration Statement (in the case of a Shelf Registration Statement) in connection with such exchange, registration or sale, promptly include in 

 

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any Registration Statement or Prospectus, pursuant to a supplement or post-effective amendment if necessary, such information as such Holders may reasonably request to have included therein,
including, without limitation, information relating to the “Plan of Distribution” of the Transfer Restricted Securities and the use of the Registration Statement or Prospectus for market making activities; and make all required filings of
such Prospectus supplement or post-effective amendment as soon as practicable after the Company is notified of the matters to be included in such Prospectus supplement or post-effective amendment; 

(ix)    upon request, furnish to each Holder whose Transfer Restricted Securities have been included
in a Shelf Registration Statement (in the case of a Shelf Registration Statement) in connection with such exchange, registration or sale, without charge, at least one copy of the Registration Statement, as first filed with the Commission, and of
each amendment thereto, including all documents incorporated by reference therein and all exhibits (including exhibits incorporated therein by reference); 

(x)    upon request, deliver to each Holder whose Transfer Restricted Securities have been included in
a Shelf Registration Statement (in the case of a Shelf Registration Statement) without charge, as many copies of the Prospectus (including each preliminary prospectus) and any amendment or supplement thereto as such Holders reasonably may request;
the Company and the Guarantors hereby consent to the use (in accordance with law and subject to Section 6(d) hereof) of the Prospectus and any amendment or supplement thereto by each selling Holder in connection with the offering and the sale
of the Transfer Restricted Securities covered by the Prospectus or any amendment or supplement thereto; 

(xi)    upon the reasonable request of such Holder, enter into such agreements (including an
underwriting agreement containing customary terms), and make such representations and warranties, and take all such other reasonable and customary actions in connection therewith in order to expedite or facilitate the disposition of the Transfer
Restricted Securities pursuant to a Shelf Registration Statement contemplated by this Agreement, all to such extent as may be customarily and reasonably requested by any Holder or Holders of Transfer Restricted Securities who hold at least 50% in
aggregate principal amount of such class of Transfer Restricted Securities; provided, that, the Company and the Guarantors shall not be required to enter into any such agreement more than once with respect to all of the Transfer Restricted
Securities and may delay entering into such agreement if the Board of Directors of the Company determines in good faith that it is in the best interests of the Company and the Guarantors not to disclose the existence of or facts surrounding any
proposed or pending material corporate transaction involving the Company and the Guarantors. In such connection, the Company and the Guarantors shall: 

(A) upon the request of any Holder, furnish (or in the case of paragraphs (2) and (3), use its commercially
reasonable efforts to cause to be furnished) to each such Holder (in the case of the Shelf Registration Statement) and any underwriter, upon the effectiveness of the Shelf Registration Statement, as the case may be: 

(1)    a certificate in customary form, dated such date, signed on behalf of the Company and each
Guarantor by (x) the Chief Executive Officer or any Vice President, and (y) a principal financial or accounting officer of the Company and such Guarantor, confirming, as of the date thereof, such matters as such Holders may reasonably
request; 
  

 12 

 (2)    a customary opinion (including a customary
negative assurance statement), dated the date of effectiveness of the Shelf Registration Statement, as the case may be, of counsel for the Company and the Guarantors in customary form and covering such other matters as such Holder may reasonably
request; and 
 (3)    a customary comfort letter, dated the date of effectiveness of the
Shelf Registration Statement, as the case may be, from the Company’s independent accountants, in the customary form and covering matters of the type customarily covered in comfort letters to underwriters in connection with underwritten
offerings, and affirming the matters set forth in the comfort letters delivered pursuant to Section 8(e) of the Purchase Agreement; and 

(B) deliver such other documents and certificates as may be reasonably requested by the selling Holders to evidence
compliance with the matters covered in clause (A) above and with any customary conditions contained in any agreement entered into by the Company and the Guarantors pursuant to this clause (xi); 

(xii)    prior to any public offering of Transfer Restricted Securities, cooperate with the selling
Holders and their counsel in connection with the registration and qualification of the Transfer Restricted Securities under the securities or Blue Sky laws of such jurisdictions as the selling Holders may request and do any and all other acts or
things necessary or advisable to enable the disposition in such jurisdictions of the Transfer Restricted Securities covered by the applicable Registration Statement; provided, however, that the Company and the Guarantors shall not be required
to register or qualify as a foreign corporation where it is not now so qualified or to take any action that would subject it to the service of process in suits or to taxation in any jurisdiction where it is not now so subject; 

(xiii)    in connection with any sale of Transfer Restricted Securities that will result in such
securities no longer being Transfer Restricted Securities, cooperate with the Holders to facilitate the timely preparation and delivery of certificates representing Transfer Restricted Securities to be sold and not bearing any restrictive legends;
and to enable such Transfer Restricted Securities to be registered in such denominations and such names as the selling Holders may request at least two Business Days prior to such sale of Transfer Restricted Securities; 

 

 13 

 (xiv)    use all commercially reasonable efforts to
cause the disposition of the Transfer Restricted Securities covered by the Registration Statement to be registered with or approved by such other governmental agencies or authorities as may be necessary to enable the seller or sellers thereof to
consummate the disposition of such Transfer Restricted Securities, subject to the proviso contained in clause (xii) above; 

(xv)    provide a CUSIP number for all Transfer Restricted Securities not later than the effective
date of a Registration Statement covering such Transfer Restricted Securities and provide the Trustee under the Indenture with certificates for the Transfer Restricted Securities which are in a form eligible for deposit with the Depository Trust
Company; 
 (xvi)    otherwise use all commercially reasonable efforts to comply with all
applicable rules and regulations of the Commission, and make generally available to its security holders with regard to any applicable Registration Statement, as soon as practicable, a consolidated earnings statement meeting the requirements of Rule
158 under the Act (which need not be audited) covering a twelve-month period beginning after the effective date of the Registration Statement (as such term is defined in paragraph (c) of Rule 158 under the Act); and 

(xvii)    cause the Indenture to be qualified under the TIA not later than the effective date of the
first Registration Statement required by this Agreement and, in connection therewith, cooperate with the Trustee and the Holders to effect such changes to the Indenture as may be required for such Indenture to be so qualified in accordance with the
terms of the TIA; and execute and use its commercially reasonable efforts to cause the Trustee to execute, all documents that may be required to effect such changes and all other forms and documents required to be filed with the Commission to enable
such Indenture to be so qualified in a timely manner. 
 (d)    Restrictions on Holders. Each Holder
agrees by acquisition of a Transfer Restricted Security that, upon receipt of the notice referred to in Section 6(c)(i) or 6(c)(iii)(C) or any notice from the Company of the existence of any fact of the kind described in
Section 6(c)(iii)(D) hereof (in each case, a “Suspension Notice”), such Holder will forthwith discontinue disposition of Transfer Restricted Securities pursuant to the applicable Registration Statement until
(i) such Holder has received copies of the supplemented or amended Prospectus contemplated by Section 6(c)(iv) hereof, or (ii) such Holder is advised in writing by the Company that the use of the Prospectus may be resumed, and has
received copies of any additional or supplemental filings that are incorporated by reference in the Prospectus (in each case, the “Recommencement Date”). Each Holder receiving a Suspension Notice hereby agrees that it will
either (i) destroy any Prospectuses, other than permanent file copies, then in such Holder’s possession which have been replaced by the Company with more recently dated Prospectuses, or (ii) deliver to the Company (at the
Company’s expense) all copies, other than permanent file copies, then in such Holder’s possession of the Prospectus covering such Transfer Restricted Securities that was current at the time of receipt of the Suspension Notice. The time
period regarding the effectiveness of such Registration Statement set forth in Section 3 or 4 hereof, as applicable, shall be extended by a number of days equal to the number of days in the period from and including the date of delivery of the
Suspension Notice to the Recommencement Date. 
  

 14 

 SECTION 7.    REGISTRATION EXPENSES 

All expenses incident to the Company’s and the Guarantors’ performance of or compliance with this Agreement will be borne by the
Company and the Guarantors, regardless of whether a Registration Statement becomes effective, including without limitation: (i) all registration and filing fees and expenses; (ii) all fees and expenses of compliance with federal securities
and state Blue Sky or securities laws; (iii) all expenses of printing (including printing certificates for the Exchange Notes to be issued in the Exchange Offer and printing of Prospectuses), messenger and delivery services and telephone;
(iv) the reasonable fees and disbursements of counsel for the Company and the Guarantors, and, in the case of a Shelf Registration Statement, the reasonable and documented fees and disbursements of one counsel for all of the Holders of Transfer
Restricted Securities selected by the Holders of a majority in principal amount of Transfer Restricted Securities being registered; (v) all application and filing fees in connection with listing the Exchange Notes on a national securities
exchange or automated quotation system pursuant to the requirements hereof; and (vi) all fees and disbursements of independent certified public accountants of the Company and the Guarantors (including the expenses of any special audit and
comfort letters required by or incident to such performance); provided, however, that in no event shall the Company or the Guarantors be responsible for any underwriting discounts and commissions, brokerage commissions and transfer taxes, and
fees attributable to the sale or other disposition of Transfer Restricted Securities. 
 The Company will, in any event, bear
its and the Guarantors’ internal expenses (including, without limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expenses of any annual audit and the fees and expenses of any Person,
including special experts, retained by the Company or the Guarantors. 
 SECTION 8.    INDEMNIFICATION 

(a)    The Company and the Guarantors agree, jointly and severally, to indemnify and hold harmless each Holder, its
directors, officers and each Person, if any, who controls such Holder (within the meaning of Section 15 of the Act or Section 20 of the Exchange Act), from and against any and all losses, claims, damages, liabilities or judgments,
(including without limitation, any legal or other expenses incurred in connection with investigating or defending any matter, including any action that could give rise to any such losses, claims, damages, liabilities or judgments) caused by any
untrue statement or alleged untrue statement of a material fact contained in any Registration Statement, preliminary prospectus or Prospectus, Free Writing Prospectus or any “issuer information” (as defined in Rule 433 of the Act) filed or
required to be filed pursuant to Rule 433(d) under the Act or in any amendment or supplement thereto, or caused by any omission or alleged omission to state therein a material fact required to be stated therein or necessary to make the statements
therein, in the light of the circumstances under which they were made, not misleading, except insofar as such losses, claims, damages, liabilities or judgments are caused by an untrue statement or omission or alleged untrue statement or omission
that is based upon information relating to any of the Holders furnished in writing to the Company by or on behalf of any of the Holders. 
  

 15 

 (b)    Each Holder agrees, severally and not jointly, to indemnify and
hold harmless the Company and the Guarantors, and their respective directors and officers, and each Person, if any, who controls (within the meaning of Section 15 of the Act or Section 20 of the Exchange Act) the Company, or the Guarantors
to the same extent as the foregoing indemnity from the Company and the Guarantors set forth in section (a) above, but only with reference to information relating to such Holder furnished in writing to the Company and the Guarantors by or on
behalf of such Holder expressly for use in any Registration Statement. In no event shall any Holder, its directors, officers or any Person who controls such Holder be liable or responsible for any amount in excess of the amount by which the total
amount received by such Holder with respect to its sale of Transfer Restricted Securities pursuant to a Registration Statement exceeds the sum of: (i) the amount paid by such Holder for such Transfer Restricted Securities plus
(ii) the amount of any damages that such Holder, its directors, officers or any Person who controls such Holder has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. 

(c)    In case any action shall be commenced involving any Person in respect of which indemnity may be sought
pursuant to Section 8(a) or 8(b) (the “indemnified party”), the indemnified party shall promptly notify the Person against whom such indemnity may be sought (the “indemnifying party”) in writing
and the indemnifying party shall assume the defense of such action, including the employment of counsel reasonably satisfactory to the indemnified party and the payment of all reasonable fees and expenses of such counsel, as incurred (except that in
the case of any action in respect of which indemnity may be sought pursuant to both Sections 8(a) and 8(b), a Holder shall not be required to assume the defense of such action pursuant to this Section 8(c), but may employ separate counsel and
participate in the defense thereof, but the fees and expenses of such counsel, except as provided below, shall be at the expense of the Holder). Any indemnified party shall have the right to employ separate counsel in any such action and participate
in the defense thereof, but the reasonable fees and expenses of such counsel shall be at the expense of the indemnified party unless (i) the employment of such counsel has been specifically authorized in writing by the indemnifying party,
(ii) the indemnifying party has failed to assume the defense of such action or employ counsel reasonably satisfactory to the indemnified party, or (iii) the named parties to any such action (including any impleaded parties) include both
the indemnified party and the indemnifying party, and the indemnified party has been advised by such counsel that there may be one or more legal defenses available to it which are different from or additional to those available to the indemnifying
party (in which case the indemnifying party shall not have the right to assume the defense of such action on behalf of the indemnified party). In any such case, the indemnifying party shall not, in connection with any one action or separate but
substantially similar or related actions in the same jurisdiction arising out of the same general allegations or circumstances, be liable for the reasonable fees and expenses of more than one separate firm of attorneys (in addition to any local
counsel) for all indemnified parties and all such fees and expenses shall be reimbursed as they are incurred. Such firm shall be designated in writing by a majority of the Holders, in the case of the parties indemnified pursuant to
Section 8(a), and by the Company and Guarantors, in the case of parties indemnified pursuant to Section 8(b). The indemnifying party shall indemnify and hold harmless the indemnified party from and against any and all losses, claims,
damages, 
  

 16 

 
liabilities and judgments by reason of any settlement of any action effected with its written consent (which consent shall not be unreasonably withheld). No indemnifying party shall, without the
prior written consent of the indemnified party (which consent shall not be unreasonably withheld), effect any settlement or compromise of, or consent to the entry of judgment with respect to, any pending or threatened claim, action, suit or
proceeding in respect of which the indemnified party is or could have been a party and indemnity or contribution may be or could have been sought hereunder by the indemnified party, unless such settlement, compromise or judgment (i) includes an
unconditional release of the indemnified party from all liability on claims that are or could have been the subject matter of such claim, action, suit or proceeding and (ii) does not include a statement as to or an admission of fault,
culpability or a failure to act, by or on behalf of the indemnified party. 
 (d)    To the extent that the
indemnification provided for in this Section 8 is unavailable to an indemnified party in respect of any losses, claims, damages, liabilities or judgments referred to therein, then each indemnifying party, in lieu of indemnifying such
indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages, liabilities or judgments (i) in such proportion as is appropriate to reflect the relative benefits received
by the Company and the Guarantors, on the one hand, and the Holders, on the other hand, from their sale of Transfer Restricted Securities, or (ii) if the allocation provided by clause 8(d)(i) above is not permitted by applicable law, in such
proportion as is appropriate to reflect not only the relative benefits referred to in clause 8(d)(i) above but also the relative fault of the Company and the Guarantors, on the one hand, and of the Holder, on the other hand, in connection with the
statements or omissions which resulted in such losses, claims, damages, liabilities or judgments, as well as any other relevant equitable considerations. The relative fault of the Company and the Guarantors, on the one hand, and of the Holder, on
the other hand, shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact relates to information supplied by the Company or
such Guarantor, on the one hand, or by the Holder, on the other hand, and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. The amount paid or payable by a party as
a result of the losses, claims, damages, liabilities and judgments referred to above shall be deemed to include, subject to the limitations set forth in Section 8(c) hereof, any legal or other fees or expenses reasonably incurred by such party
in connection with investigating or defending any action or claim. 
 (e)    The Company, the Guarantors and
each Holder agree that it would not be just and equitable if contribution pursuant to this Section 8(d) were determined by pro rata allocation (even if the Holders were treated as one entity for such purpose) or by any other method of
allocation that does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an indemnified party as a result of the losses, claims, damages, liabilities or judgments
referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any
matter, including any action that could have given rise to such losses, claims, damages, liabilities or judgments. Notwithstanding the provisions of this Section 8, no Holder, its directors, its officers or any Person, if any, who controls such
Holder shall be required to contribute, in the aggregate, any amount in excess of the amount by which the total 
  

 17 

 
amount received by such Holder with respect to the sale of Transfer Restricted Securities pursuant to a Registration Statement exceeds the sum of: (i) the amount paid by such Holder for such
Transfer Restricted Securities plus (ii) the amount of any damages that such Holder has otherwise paid or become liable to pay by reason of any untrue or alleged untrue statement or omission or alleged omission. No Person guilty of fraudulent
misrepresentation (within the meaning of Section 11(f) of the Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation. The Holders’ obligations to contribute pursuant to this
Section 8(d) are several in proportion to the respective principal amount of Transfer Restricted Securities held by each Holder hereunder and not joint. 

SECTION 9.    RULE 144A AND RULE 144 

The Company and each Guarantor agrees with each Holder, for so long as any Transfer Restricted Securities remain outstanding and during
any period in which the Company or such Guarantor is not subject to Section 13 or 15(d) of the Exchange Act, to make available, upon request of any Holder, to such Holder or beneficial owner of Transfer Restricted Securities in connection with
any sale thereof and any prospective purchaser of such Transfer Restricted Securities designated by such Holder or beneficial owner, the information required by Rule 144A(d)(4) under the Act in order to permit resales of such Transfer Restricted
Securities pursuant to Rule 144A under the Act. 
 SECTION 10.    MISCELLANEOUS 

(a)    Remedies. The Company and the Guarantors acknowledge and agree that any failure by the Company and/or
the Guarantors to comply with their respective obligations under Sections 3 and 4 hereof may result in material irreparable injury to the Initial Purchasers or the Holders for which there is no adequate remedy at law, that it will not be possible to
measure damages for such injuries precisely and that, in the event of any such failure, the Initial Purchasers or any Holder may obtain such relief as may be required to specifically enforce the Company’s and the Guarantors’ obligations
under Sections 3 and 4 hereof. The Company and the Guarantors further agree to waive the defense in any action for specific performance that a remedy at law would be adequate. 

(b)    Free Writing Prospectus. The Company represents, warrants and covenants that it (including its agents
and representatives) will not prepare, make, use, authorize, approve or refer to any “written communication” (as defined in Rule 405 under the Securities Act) in connection with the issuance and sale of the Initial Notes and the Exchange
Notes, other than (i) any communication pursuant to Rule 134, Rule 135 or Rule 135c under the Securities Act, (ii) any document constituting an offer to sell or solicitation of an offer to buy the Initial Notes or the Exchange Notes that
falls within the exception from the definition of prospectus in Section 2(a)(10)(a) of the Securities Act, or (iii) a prospectus satisfying the requirements of section 10(a) of the Securities Act or of Rule 430, Rule 430A, Rule 430B, Rule
430C or Rule 431 under the Securities Act. 
 (c)    No Inconsistent Agreements. The Company and any
Guarantor will not, on or after the date of this Agreement, enter into any agreement with respect to its securities that is inconsistent with the rights granted to the Holders in this Agreement or otherwise conflicts with

  

 18 

 
the provisions hereof. The Company and any Guarantor have not previously entered into, nor is currently a party to, any agreement granting any registration rights with respect to its securities
to any Person that would require such securities to be included in any Registration Statement filed hereunder. The rights granted to the Holders hereunder do not in any way conflict with and are not inconsistent with the rights granted to the
holders of the Company’s and the Guarantors’ securities under any agreement in effect on the date hereof. 

(d)    Amendments and Waivers. The provisions of this Agreement may not be amended, modified or supplemented,
and waivers or consents to or departures from the provisions hereof may not be given unless (i) in the case of Section 5 hereof and this Section 10(d)(i), the Company has obtained the written consent of Holders of all outstanding
Transfer Restricted Securities, and (ii) in the case of all other provisions hereof, the Company has obtained the written consent of Holders of a majority of the outstanding principal amount of Transfer Restricted Securities (excluding Transfer
Restricted Securities held by the Company or its Affiliates). Notwithstanding the foregoing, a waiver or consent to departure from the provisions hereof that relates exclusively to the rights of Holders whose Transfer Restricted Securities are being
tendered pursuant to the Exchange Offer, and that does not affect directly or indirectly the rights of other Holders whose Transfer Restricted Securities are not being tendered pursuant to such Exchange Offer, may be given by the Holders of a
majority of the outstanding principal amount of Transfer Restricted Securities subject to such Exchange Offer. 

(e)    Additional Guarantors. The Company shall cause any of its Restricted Subsidiaries (as defined in the
Indenture) that becomes, prior to the consummation of the Exchange Offer, a Guarantor in accordance with the terms and provisions of the Indenture to become a party to this Agreement as a Guarantor. 

(f)    Third Party Beneficiary. The Holders shall be third party beneficiaries to the agreements made
hereunder between the Company and the Guarantors, on the one hand, and the Initial Purchasers, on the other hand, and shall have the right to enforce such agreements directly to the extent they may deem such enforcement necessary or advisable to
protect its rights or the rights of Holders hereunder. 
 (g)    Notices. All notices and other
communications provided for or permitted hereunder shall be made in writing by hand-delivery, first-class mail (registered or certified, return receipt requested), telex, telecopier or air courier guaranteeing overnight delivery: 

(i)    if to a Holder, at the address set forth on the records of the Registrar under the Indenture,
with a copy to the Registrar under the Indenture; and 
 (ii)    if to the Company or the
Guarantors: 
  

					
		  	 The Hillman Group
 10590
Hamilton Avenue
 Cincinnati, Ohio 45231

Attention: Chief Financial Officer
 Fax:
513-595-8297
	  	

  

 19 

					
		  	 With a copy to:
  

Paul, Weiss, Rifkind, Wharton & Garrison LLP

1285 Avenue of the Americas
 New York, New York
10019
 Attention: John C. Kennedy
 Fax:
212-492-0025
	  	

 All such notices and communications shall 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 telecopied; and on the next Business Day, if timely delivered to an air courier guaranteeing overnight
delivery. 
 Copies of all such notices, demands or other communications shall be concurrently delivered by the Person giving
the same to the Trustee at the address specified in the Indenture. 
 (h)    Successors and Assigns.
This Agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties, including without limitation and without the need for an express assignment, subsequent Holders; provided that nothing herein
shall be deemed to permit any assignment, transfer or other disposition of Transfer Restricted Securities in violation of the terms hereof or of the Purchase Agreement or the Indenture. If any transferee of any Holder shall acquire Transfer
Restricted Securities in any manner, whether by operation of law or otherwise, such Transfer Restricted Securities shall be held subject to all of the terms of this Agreement, and by taking and holding such Transfer Restricted Securities such Person
shall be conclusively deemed to have agreed to be bound by and to perform all of the terms and provisions of this Agreement, including the restrictions on resale set forth in this Agreement and, if applicable, the Purchase Agreement, and such Person
shall be entitled to receive the benefits hereof. 
 (i)    Counterparts. This Agreement may be
executed in any number of counterparts and by the parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. 

(j)    Headings. The headings in this Agreement are for convenience of reference only and shall not limit or
otherwise affect the meaning hereof. 
 (k)    Governing Law. THIS AGREEMENT SHALL BE GOVERNED BY AND
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO THE CONFLICT OF LAW RULES THEREOF. 

(l)    Severability. In the event that any one or more of the provisions contained herein, or the application
thereof in any circumstance, is held invalid, illegal or unenforceable, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions contained herein shall not be affected or impaired
thereby. 
 (m)    Entire Agreement. This Agreement is intended by the parties as a final expression
of their agreement and intended to be a complete and exclusive statement of the agreement and 
  

 20 

 
understanding of the parties hereto in respect of the subject matter contained herein. There are no restrictions, promises, warranties or undertakings, other than those set forth or referred to
herein with respect to the registration rights granted with respect to the Transfer Restricted Securities. This Agreement supersedes all prior agreements and understandings between the parties with respect to such subject matter. 

(Signature Page Follows.) 
  

 21 

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

			
	THE HILLMAN GROUP, INC.
		
	By:	 	 /s/ James P. Waters

		 	Name: James P. Waters
		 	Title:   Chief Financial Officer
	
	 THE HILLMAN COMPANIES, INC.

HILLMAN INVESTMENT COMPANY
 ALL POINTS
INDUSTRIES, INC.
 SUNSUB C INC.

		
	By:	 	 /s/ James P. Waters

		 	Name: James P. Waters
		 	Title:   Chief Financial Officer

  

 REGISTRATION RIGHTS AGREEMENT 

			
	BARCLAYS CAPITAL INC.
	MORGAN STANLEY & CO. INCORPORATED
		
	By:	 	BARCLAYS CAPITAL INC.
		
	By	 	 /s/ Benjamin Burton

		 	Name: Benjamin Burton
		 	Title:   Managing Director

  

 REGISTRATION RIGHTS AGREEMENT 

 SCHEDULE I 

Guarantors 

Hillman Investment Company 

The Hillman Companies, Inc. 

All Points Industries, Inc. 

SunSub C Inc. 

 ANNEX A 

PLAN OF DISTRIBUTION 

Each broker–dealer that receives exchange notes for its own account pursuant to the exchange offer must acknowledge that it will deliver a
prospectus in connection with any resale of such exchange notes. This prospectus, as it may be amended or supplemented from time to time, may be used by a broker–dealer in connection with resales of exchange notes received in exchange for
unregistered notes where such unregistered notes were acquired as a result of market–making activities or other trading activities. To the extent any such broker–dealer participates in the exchange offer, we have agreed that for a period
of up to 180 days we will use commercially reasonable efforts to make this prospectus, as amended or supplemented, available to such broker–dealer for use in connection with any such resale, and will deliver as many additional copies of this
prospectus and each amendment or supplement to this prospectus and any documents incorporated by reference in this prospectus as such broker–dealer may reasonably request. 

We will not receive any proceeds from any sale of exchange notes by broker–dealers. Exchange notes received by broker–dealers for their own
accounts pursuant to the exchange offer may be sold from time to time in one or more transactions in the over–the–counter market, in negotiated transactions, through the writing of options on the exchange notes or a combination of these
methods of resale, at market prices prevailing at the time of resale, at prices related to such prevailing market prices or negotiated prices. Any such resale may be made directly to purchasers or to or through brokers or dealers who may receive
compensation in the form of commissions or concessions from any such broker–dealer or the purchasers of any such exchange notes. Any broker–dealer that resells exchange notes that were received by it for its own account pursuant to the
exchange offer and any broker or dealer that participates in a distribution of such exchange notes may be deemed to be an “underwriter” within the meaning of the Securities Act and any profit on any such resale of exchange notes and any
commissions or concessions received by any such Persons may be deemed to be underwriting compensation under the Securities Act. The letter of transmittal states that by acknowledging that it will deliver and by delivering a prospectus, a
broker–dealer will not be deemed to admit that it is an “underwriter” within the meaning of the Securities Act. 
 We have agreed
to pay all expenses incident to the exchange offer and will indemnify the holders of outstanding notes, including any broker–dealers, against certain liabilities, including liabilities under the Securities Act. 

 

 Annex A-1Credit Agreement, Dated as of May 28, 2010

 Exhibit 10.1 

EXECUTION VERSION 

CREDIT AGREEMENT 

dated as of May 28, 2010 

among 

OHCP HM ACQUISITION CORP. 

OHCP HM MERGER SUB CORP. 

THE HILLMAN COMPANIES, INC. 

HILLMAN INVESTMENT COMPANY 

THE HILLMAN GROUP, INC. 

THE LENDERS FROM TIME TO TIME PARTY HERETO, 

BARCLAYS BANK PLC, 

as Administrative Agent, Issuing Lender and Swingline Lender, 

BARCLAYS CAPITAL 

and MORGAN STANLEY SENIOR FUNDING, INC., 

as Joint Lead Arrangers and Syndication Agents, 

BARCLAYS CAPITAL, 

MORGAN STANLEY SENIOR FUNDING, INC. 

and GE CAPITAL MARKETS, INC. 

as Joint Bookrunners 

GENERAL ELECTRIC CAPITAL CORPORATION 

as Documentation Agent 

 Table of Contents 

 

					
	 	 	 	  	Page
	
	ARTICLE I
	DEFINITIONS
			
	 Section 1.01
	 	Defined Terms	  	2
	 Section 1.02
	 	Computation of Time Periods and Other Definitional Provisions	  	43
	 Section 1.03
	 	Accounting Terms and Determinations	  	43
	 Section 1.04
	 	Types of Borrowings	  	44
	
	ARTICLE II
	THE CREDIT FACILITIES
			
	 Section 2.01
	 	Commitments to Lend	  	44
	 Section 2.02
	 	Notice of Borrowings	  	47
	 Section 2.03
	 	Notice to Lenders; Funding of Loans	  	47
	 Section 2.04
	 	Evidence of Loans	  	48
	 Section 2.05
	 	Letters of Credit	  	49
	 Section 2.06
	 	Interest	  	57
	 Section 2.07
	 	Extension and Conversion	  	58
	 Section 2.08
	 	Maturity of Loans	  	59
	 Section 2.09
	 	Prepayments	  	60
	 Section 2.10
	 	Adjustment of Commitments	  	63
	 Section 2.11
	 	Fees	  	65
	 Section 2.12
	 	Pro-Rata Treatment	  	66
	 Section 2.13
	 	Sharing of Payments	  	67
	 Section 2.14
	 	Payments; Computations	  	67
	 Section 2.15
	 	Incremental Loans	  	68
	 Section 2.16
	 	Certain Provisions Regarding Defaulting Lenders	  	70
	
	ARTICLE III
	TAXES, YIELD PROTECTION AND ILLEGALITY
			
	 Section 3.01
	 	Taxes	  	70
	 Section 3.02
	 	Change in Law, Etc.	  	73
	 Section 3.03
	 	Basis for Determining Interest Rate Inadequate or Unfair	  	73
	 Section 3.04
	 	Increased Costs and Reduced Return	  	74
	 Section 3.05
	 	Funding Losses	  	75
	 Section 3.06
	 	Base Rate Loans Substituted for Affected Eurodollar Loans	  	75
	
	ARTICLE IV
	CONDITIONS
			
	 Section 4.01
	 	Conditions to Closing Date	  	76
	 Section 4.02
	 	Conditions to All Credit Extensions After the Closing Date	  	83
	 Section 4.03
	 	Assumption by HGI	  	83

  

 - i - 

					
	ARTICLE V
	REPRESENTATIONS AND WARRANTIES
			
	 Section 5.01
	 	Organization and Good Standing	  	83
	 Section 5.02
	 	Power; Authorization; Enforceable Obligations	  	84
	 Section 5.03
	 	[Reserved]	  	84
	 Section 5.04
	 	No Conflicts	  	84
	 Section 5.05
	 	No Default	  	84
	 Section 5.06
	 	[Reserved].	  	85
	 Section 5.07
	 	Financial Condition	  	85
	 Section 5.08
	 	No Material Change	  	86
	 Section 5.09
	 	Title to Properties; Possession Under Leases	  	86
	 Section 5.10
	 	Litigation	  	86
	 Section 5.11
	 	Taxes	  	86
	 Section 5.12
	 	Compliance with Law	  	86
	 Section 5.13
	 	Senior Indebtedness	  	87
	 Section 5.14
	 	U.S. Patriot Act, Etc.	  	87
	 Section 5.15
	 	Employee Benefit Arrangements	  	87
	 Section 5.16
	 	Subsidiaries	  	88
	 Section 5.17
	 	Governmental Regulations, Etc.	  	89
	 Section 5.18
	 	Purpose of Loans and Letters of Credit	  	89
	 Section 5.19
	 	Labor Matters	  	89
	 Section 5.20
	 	Environmental Matters	  	90
	 Section 5.21
	 	Intellectual Property	  	90
	 Section 5.22
	 	Solvency	  	91
	 Section 5.23
	 	Disclosure	  	91
	 Section 5.24
	 	Collateral Documents	  	91
	 Section 5.25
	 	Ownership	  	92
	 Section 5.26
	 	Certain Transactions	  	92
	
	ARTICLE VI
	AFFIRMATIVE COVENANTS
			
	 Section 6.01
	 	Information	  	93
	 Section 6.02
	 	Preservation of Existence and Franchises	  	97
	 Section 6.03
	 	Books and Records; Lender Meeting	  	97
	 Section 6.04
	 	Compliance with Material Contractual Obligations and Law; Employee Benefit Arrangements	  	97
	 Section 6.05
	 	Payment of Taxes	  	98
	 Section 6.06
	 	Insurance; Certain Proceeds	  	98
	 Section 6.07
	 	Maintenance of Property	  	99
	 Section 6.08
	 	Use of Proceeds	  	99
	 Section 6.09
	 	Audits/Inspections	  	99
	 Section 6.10
	 	Additional Credit Parties; Additional Security	  	99
	 Section 6.11
	 	Interest Rate Protection Agreements	  	101
	 Section 6.12
	 	Contributions	  	101
	 Section 6.13
	 	Control Accounts; Approved Deposit Accounts	  	101
	 Section 6.14
	 	Maintenance of Ratings	  	102
	 Section 6.15
	 	Borrower Assumption Agreement	  	102
	 Section 6.16
	 	Further Assurances	  	102
	 Section 6.17
	 	Post-Closing Undertakings	  	103

  

 - ii - 

					
	ARTICLE VII
	NEGATIVE COVENANTS
			
	 Section 7.01
	 	Limitation on Debt	  	103
	 Section 7.02
	 	Restriction on Liens	  	106
	 Section 7.03
	 	Nature of Business	  	108
	 Section 7.04
	 	Consolidation, Merger and Dissolution	  	108
	 Section 7.05
	 	Asset Dispositions	  	110
	 Section 7.06
	 	Investments	  	112
	 Section 7.07
	 	Restricted Payments, etc.	  	115
	 Section 7.08
	 	Prepayments of Debt, etc.	  	117
	 Section 7.09
	 	Transactions with Affiliates	  	118
	 Section 7.10
	 	Fiscal Year; Organizational and Other Documents	  	119
	 Section 7.11
	 	Restrictions with Respect to Intercorporate Transfers	  	119
	 Section 7.12
	 	Ownership of Subsidiaries; Limitations on OH Holdings and the Borrower	  	120
	 Section 7.13
	 	Sale and Leaseback Transactions	  	121
	 Section 7.14
	 	Additional Negative Pledges	  	121
	 Section 7.15
	 	Impairment of Security Interests	  	122
	 Section 7.16
	 	Financial Covenants	  	122
	 Section 7.17
	 	No Other “Designated Senior Debt”	  	123
	 Section 7.18
	 	Independence of Covenants	  	123
	
	ARTICLE VIII
	DEFAULTS
			
	 Section 8.01
	 	Events of Default	  	123
	 Section 8.02
	 	Acceleration; Remedies	  	126
	 Section 8.03
	 	Specified Equity Contributions	  	127
	 Section 8.04
	 	Allocation of Payments After Event of Default	  	128
	
	ARTICLE IX
	AGENCY PROVISIONS
			
	 Section 9.01
	 	Appointment; Authorization	  	130
	 Section 9.02
	 	Delegation of Duties	  	131
	 Section 9.03
	 	Exculpatory Provisions	  	131
	 Section 9.04
	 	Reliance on Communications	  	131
	 Section 9.05
	 	Notice of Default	  	132
	 Section 9.06
	 	Credit Decision; Disclosure of Information by Administrative Agent	  	132
	 Section 9.07
	 	No Reliance on Arranger’s or Agent’s Customer Identification Program	  	132
	 Section 9.08
	 	Indemnification	  	132
	 Section 9.09
	 	Agents in Their Individual Capacity	  	133
	 Section 9.10
	 	Successor Agents	  	133
	 Section 9.11
	 	Certain Other Agents	  	134
	 Section 9.12
	 	Agents’ Fees; Arranger Fee	  	134
	
	ARTICLE X
	MISCELLANEOUS
			
	 Section 10.01
	 	Notices and Other Communications	  	134
	 Section 10.02
	 	No Waiver; Cumulative Remedies	  	135

  

 - iii - 

					
	 Section 10.03
	 	Amendments, Waivers and Consents	  	135
	 Section 10.04
	 	Expenses	  	137
	 Section 10.05
	 	Indemnification	  	138
	 Section 10.06
	 	Successors and Assigns	  	139
	 Section 10.07
	 	Confidentiality and Disclosure	  	143
	 Section 10.08
	 	Set-off	  	144
	 Section 10.09
	 	Interest Rate Limitation	  	145
	 Section 10.10
	 	Counterparts	  	145
	 Section 10.11
	 	Integration	  	145
	 Section 10.12
	 	Conflicts.	  	145
	 Section 10.13
	 	Survival of Representations and Warranties	  	145
	 Section 10.14
	 	Severability	  	145
	 Section 10.15
	 	Headings	  	146
	 Section 10.16
	 	Governing Law; Submission to Jurisdiction	  	146
	 Section 10.17
	 	Waiver of Jury Trial	  	146
	 Section 10.18
	 	Binding Effect	  	147
	 Section 10.19
	 	Lenders’ U.S. Patriot Act Compliance Certification	  	147
	 Section 10.20
	 	U.S. Patriot Act Notice	  	147
	 Section 10.21
	 	Electronic Execution of Assignments	  	147
	 Section 10.22
	 	No Fiduciary Duty	  	147
	 Section 10.23
	 	Joint and Several Liability	  	148

  

							
	Schedules:	  		  	
				
		 	Schedule 1.01A	  	-	  	Commitments
		 	Schedule 1.01C	  	-	  	Refinanced Agreements
		 	Schedule 1.01D	  	-	  	Management Group
		 	Schedule 1.01E	  	-	  	Lender Addresses
		 	Schedule 1.01F	  	-	  	Insignificant Subsidiaries
		 	Schedule 2.05	  	-	  	Existing Letters of Credit
		 	Schedule 4.01(k)(i)	  	-	  	Mortgaged Properties
		 	Schedule 5.02	  	-	  	Required Consents, Authorizations, Notices and Filings
		 	Schedule 5.07	  	-	  	Undisclosed Liabilities
		 	Schedule 5.15	  	-	  	ERISA
		 	Schedule 5.16	  	-	  	Subsidiaries
		 	Schedule 5.20	  	-	  	Environmental Matters
		 	Schedule 5.21	  	-	  	Intellectual Property
		 	Schedule 5.24(c)	  	-	  	Mortgage Recordings
		 	Schedule 5.25	  	-	  	Ownership of Holdings
		 	Schedule 7.09	  	-	  	Transactions with Affiliates
			
	Exhibits:	  		  	
				
		 	Exhibit A-1	  	-	  	Form of Notice of Borrowing
		 	Exhibit A-2	  	-	  	Form of Notice of Extension/Conversion
		 	Exhibit A-3	  	-	  	Form of Letter of Credit Request
		 	Exhibit A-4	  	-	  	Form of Swingline Loan Request
		 	Exhibit B-1	  	-	  	Form of Revolving Note
		 	Exhibit B-2	  	-	  	Form of Term Note
		 	Exhibit B-3	  	-	  	Form of Swingline Note

  

 - iv - 

							
		 	 Exhibit C-1
	  	-	  	 Form of Assignment and Assumption

		 	 Exhibit C-2
	  	-	  	 Form of Borrower Assumption Agreement

		 	 Exhibit D-1
	  	-	  	 Form of Opinion of Counsel for the Borrower and the Other Credit Parties

		 	 Exhibit D-2
	  	-	  	 Form of Opinion of Special Local Counsel for the Borrower and the Other Credit Parties

		 	 Exhibit D-3
	  	-	  	 Form of Opinion of Special Local Counsel for the Borrower and the Other Credit Parties (Real Property
Collateral)

		 	 Exhibit E
	  	-	  	 Form of Perfection Certificate

		 	 Exhibit F
	  	-	  	 Form of Mortgage

		 	 Exhibit G
	  	-	  	 Form of Intercompany Note

		 	 Exhibit H
	  	-	  	 Form of Intercompany Note Subordination Provisions

		 	 Exhibit I
	  	-	  	 Form of Credit Party Accession Agreement

		 	 Exhibit J
	  	-	  	 Form of OFAC/Anti-Terrorism Compliance Certificate

		 	 Exhibit K
	  	-	  	 Form of Solvency Certificate

		 	 Exhibit L
	  	-	  	 Form of Secretary’s Certificate

		 	 Exhibit M
	  	-	  	 Form of Closing Date Certificate

		 	 Exhibit N
	  	-	  	 Form of U.S. Tax Compliance Certificate

		 	 Exhibit O
	  	-	  	 Form of Joinder Agreement

		 	 Exhibit P
	  	-	  	 Post Closing Undertakings

 

 - v - 

 CREDIT AGREEMENT 

This Credit Agreement (this “Agreement”) is dated as of May 28, 2010 and is among OHCP HM ACQUISITION CORP.
(“OH Holdings”), OHCP HM MERGER SUB CORP. (“Merger Sub”), THE HILLMAN COMPANIES, INC. (“Holdings”), HILLMAN INVESTMENT COMPANY (“Intermediate Holdings”), THE HILLMAN GROUP, INC.
(“HGI”), the banks and other financial institutions from time to time party hereto (the “Lenders”), BARCLAYS BANK PLC, as Administrative Agent, Issuing Lender and Swingline Lender, BARCLAYS CAPITAL and MORGAN
STANLEY SENIOR FUNDING, INC., together as the Lead Arrangers and Syndication Agents, and BARCLAYS CAPITAL, MORGAN STANLEY SENIOR FUNDING, INC. and GE CAPITAL MARKETS, INC., together as the Joint Bookrunners and GENERAL ELECTRIC CAPITAL CORPORATION,
as the Documentation Agent. 
 RECITALS: 

WHEREAS, capitalized terms used in these Recitals have the respective meanings set forth for such terms in Section 1.01
hereof; 
 WHEREAS, pursuant to that certain agreement and plan of merger to be entered into among OH Holdings, Merger
Sub (as defined below), HGI and the representative named therein (as the same may be amended, modified or supplemented from time to time in accordance with the provisions thereof and of this Agreement, the “Acquisition Agreement”),
OH Holdings, a newly formed entity created by Oak Hill Capital Partners III, L.P. (together with its Affiliates, the “Sponsor”), intends to acquire (the “Acquisition”), through Merger Sub, a wholly-owned subsidiary
of OH Holdings, all of the equity interests of Holdings; 
 WHEREAS, in connection with the Acquisition, the Sponsor and
certain investors identified by the Sponsor reasonably acceptable to the Lead Arrangers intend to invest cash proceeds from the Investor Equity Issuance in OH Holdings; 

WHEREAS, the Lenders have agreed to extend certain credit facilities to the Borrower in an aggregate principal amount not to
exceed $320.0 million, consisting of $290.0 million aggregate principal amount of Term Loans and up to $30.0 million aggregate principal amount of Revolving Commitments, the proceeds of which shall be used to fund, in part, the Acquisition
(including refinancing or retiring certain existing debt of HGI and its subsidiaries and redeeming certain preferred stock of Holdings and paying all Transaction Costs). On the Business Day after the Closing Date, HGI is to become a joint and
several obligor and borrower under this Agreement. Amounts available under the Revolving Facility will be used to pay the Closing Fees that are attributable to the Revolving Facility, for capital expenditures and permitted acquisitions, to provide
for the ongoing working capital requirements of HGI and its subsidiaries following the Acquisition and for general corporate purposes. After the Closing Date, only HGI will be entitled to borrow under the Revolving Facility; 

WHEREAS, the Borrower has agreed to secure all of its Finance Obligations by granting to the Collateral Agent, for the benefit of
the Secured Parties (as defined in the Security Agreement), a first priority Lien on substantially all of its assets, including a pledge of all of the Equity Interests of each of its Domestic Subsidiaries, 65.0% of all of the voting Equity Interests
of each of its Foreign Subsidiaries and all of the non-voting Equity Interests of each of its Foreign Subsidiaries; and 

WHEREAS, the Guarantors (including prior to it becoming a Borrower hereunder, HGI) have agreed to guarantee the Guaranty
Obligations of the Borrower hereunder and to secure their respective Guaranty Obligations by granting to the Collateral Agent, for the benefit of the Secured Parties, a first priority Lien on substantially all of their respective assets, including a
pledge of all of the Equity Interests 

 
of each of their respective Domestic Subsidiaries (including the Borrower), 65.0% of all of the voting Equity Interests of each of their respective Foreign Subsidiaries and all of the non-voting
Equity Interests of each of their respective Foreign Subsidiaries. 
 NOW, THEREFORE, in consideration of the premises
and the agreements, provisions and covenants herein contained, the parties hereto agree as follows: 
 ARTICLE I

 DEFINITIONS 

Section 1.01    Defined Terms. The following terms, as used herein, have the following meanings:

 “Accession Agreement” means a Credit Party Accession Agreement, substantially in the form of Exhibit
I hereto, executed and delivered by an Additional Subsidiary Guarantor at any time following the Closing Date in accordance with Section 6.10(a). 

“Acquisition” has the meaning set forth in the Recitals. 

“Acquisition Agreement” has the meaning set forth in the Recitals. 

“Acquisition Documents” means the Acquisition Agreement, including all exhibits and schedules thereto, the certificate
of merger contemplated thereby and all other agreements, documents and instruments relating to the Acquisition, in each case as the same may be amended, modified or supplemented from time to time in accordance with the provisions thereof and of this
Agreement. 
 “Additional Collateral Documents” has the meaning set forth in Section 6.10(b).

 “Additional Subsidiary Guarantor” means each Person that becomes a Subsidiary Guarantor at any time
following the Closing Date by execution of an Accession Agreement as provided in Section 6.10. 
 “Adjusted
Eurodollar Rate” means, for any Interest Rate Determination Date with respect to an Interest Period for a Eurodollar Loan, the greater of (I) 1.75% per annum and (II) the rate per annum obtained by dividing (and rounding upward to
the next whole multiple of 1/16 of 1.00%) (i) (a) the rate per annum (rounded to the nearest 1/100 of 1.00%) equal to the rate determined by the Administrative Agent to be the offered rate which appears on the page of the Reuters Screen
which displays an average British Bankers Association Interest Settlement Rate (such page currently being the LIBOR01 page) for deposits (for delivery on the first day of such period) with a term equivalent to such period in Dollars, determined as
of approximately 11:00 a.m. (London, England time) on such Interest Rate Determination Date or (b) in the event the rate referenced in the preceding clause (a) does not appear on such page or service or if such page or service shall cease
to be available, the rate per annum (rounded to the nearest 1/100 of 1.00%) equal to the rate determined by the Administrative Agent to be the offered rate on such other page or other service which displays an average British Bankers Association
Interest Settlement Rate for deposits (for delivery on the first day of such period) with a term equivalent to such period in Dollars, determined as of approximately 11:00 a.m. (London, England time) on such Interest Rate Determination Date or
(c) in the event the rates referenced in the preceding clauses (a) and (b) are not available, the rate per annum (rounded to the nearest 1/100 of 1.00%) equal to the offered quotation rate by first class banks in the London interbank
market to the Administrative Agent for deposits (for delivery on the first day of the relevant period) in Dollars of amounts in same day funds comparable to the principal amount of the applicable Loan of the Administrative Agent, in its capacity as
a Lender, for 
  

 - 2 - 

 
which the Adjusted Eurodollar Rate is then being determined with maturities comparable to such period as of approximately 11:00 a.m. (London, England time) on such Interest Rate Determination
Date, by (ii) an amount equal to (a) one minus (b) the Applicable Reserve Requirement under review. 

“Administrative Agent” means Barclays Bank PLC, in its capacity as administrative agent for the Lenders hereunder and
under the other Finance Documents, and its successor or successors in such capacity. 
 “Administrative Agent’s
Office” means the Administrative Agent’s office located at 745 Seventh Avenue, New York, NY 10019, or such other office as may be designated by the Administrative Agent by written notice to the Borrower and the Lenders. 

“Affiliate” means, with respect to any Person, (i) any Person that directly, or indirectly through one or more
intermediaries, controls such Person (a “Controlling Person”) or (ii) any other Person which is controlled by or is under common control with a Controlling Person. As used herein, the term “control” means
(i) with respect to any Person having voting shares or their equivalent and elected directors, managers or Persons performing similar functions, the possession, directly or indirectly, of the power to vote 10% or more of the Equity Interests
having ordinary voting power of such Person or (ii) the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the ownership of voting shares or their
equivalent, by contract or otherwise. 
 “Agent” means the Administrative Agent, either Syndication Agent, the
Collateral Agent or the Documentation Agent and any successors and assigns in such capacity. 
 “Agreement” has
the meaning set forth in the Preamble. 
 “Anti-Terrorism Laws” means any Laws relating to terrorism or
money-laundering, including (i) Executive Order No. 13224 on Terrorist Financing, effective September 24, 2001 and relating to Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support
Terrorism, (ii) the U.S. Patriot Act, (iii) the International Emergency Economic Power Act, 50 U.S.C. §1701 et seq., (iv) the Bank Secrecy Act, (v) the Trading with the Enemy Act, 50 U.S.C. App. 1 et seq. and (vi) any
related rules and regulations of the U.S. Treasury Department’s Office of Foreign Assets Control or any other Governmental Authority, in each case as the same may be amended, supplemented, modified, replaced or otherwise in effect from time to
time. 
 “Applicable Lending Office” means (i) with respect to any Lender and for each Type of Loan, the
“Lending Office” of such Lender (or of an Affiliate of such Lender) designated for such Type of Loan on Schedule 1.01E hereto or in any applicable Assignment and Assumption pursuant to which such Lender became a Lender hereunder or
such other office of such Lender (or of an Affiliate of such Lender) as such Lender may from time to time (so long as no additional cost to the Borrower results) specify to the Administrative Agent and the Borrower as the office by which its Loans
of such Type are to be made and maintained and (ii) with respect to the Issuing Lender and for each Letter of Credit, the “Lending Office” of the Issuing Lender (or of an Affiliate of such Issuing Lender) designated on the signature
pages hereto or such other office of the Issuing Lender (or of an Affiliate of the Issuing Lender) as the Issuing Lender may from time to time specify (so long as no additional cost to the Borrower results) to the Administrative Agent and the
Borrower as the office by which Letters of Credit are to be issued and maintained. 
  

 - 3 - 

 “Applicable Margin” means for purposes of calculating the applicable
interest rate for any day for any Loan, 3.75% per annum in the case of Eurodollar Loans and 2.75% per annum in the case of Base Rate Loans. 

“Applicable Reserve Requirement” means, at any time, for any Eurodollar Loan, the maximum rate, expressed as a decimal,
at which reserves (including any basic marginal, special, supplemental, emergency or other reserves) are required to be maintained with respect thereto against “Eurocurrency liabilities” (as such term is defined in Regulation D) under
regulations issued from time to time by the Board of Governors or other applicable banking regulator. Without limiting the effect of the foregoing, the Applicable Reserve Requirement shall reflect any other reserves required to be maintained by such
member banks with respect to (i) any category of liabilities which includes deposits by reference to which the applicable Adjusted Eurodollar Rate or any other interest rate of a Loan is to be determined, or (ii) any category of extensions
of credit or other assets which include Eurodollar Loans. A Eurodollar Loan shall be deemed to constitute Eurocurrency liabilities and as such shall be deemed subject to reserve requirements without benefits of credit for proration, exceptions or
offsets that may be available from time to time to the applicable Lender. The rate of interest on Eurodollar Loans shall be adjusted automatically on and as of the effective date of any change in the Applicable Reserve Requirement. 

“Approved Deposit Account” means a Deposit Account that is the subject of an effective Depository Bank Agreement and
that is maintained by any Credit Party with a Depositary Bank and shall include all monies on deposit in a Deposit Account and all certificates and instruments, if any, representing or evidencing such Deposit Account. 

“Approved Securities Intermediary” means a “securities intermediary” or “commodity intermediary” (as
such terms are defined in the UCC). 
 “Approved Fund” means (i) with respect to any Lender, an entity
(whether a corporation, partnership, limited liability company, trust or otherwise) that is engaged in making, purchasing, holding or otherwise investing in bank loans and similar extensions of credit in the ordinary course of its business and is
managed by such Lender, its parent holding company or any of their respective subsidiaries, (ii) with respect to any Lender that is a fund that invests in bank loans and similar extensions of credit, any other fund that invests in bank loans
and similar extensions of credit and is managed by the same investment advisor as such Lender or by any parent company of such Lender or any of their respective Subsidiaries and (iii) any special purpose funding vehicle described in
Section 10.06(h). 
 “Asset Disposition” means any sale (including any Sale/Leaseback Transaction,
whether or not involving a Capital Lease), lease (as lessor), transfer or other disposition (including any such transaction effected by way of merger or consolidation and including any sale or other disposition of Equity Interests of a Subsidiary,
but excluding any sale or other disposition by way of Casualty or Condemnation), in each case whether in a single transaction or in a series of related transactions, by any Group Company of any asset that yields gross proceeds in excess of
$1,000,000. 
 “Assignment and Assumption” means an Assignment and Assumption, substantially in the form of
Exhibit C-1 hereto, under which an interest of a Lender hereunder is transferred to an Eligible Assignee pursuant to Section 10.06(b). 

“Attributable Debt” means, at any date (i) in respect of any Capital Lease of any Person, the capitalized amount
thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, (ii) in respect of any Synthetic Lease Obligation of any Person, the capitalized or principal amount of the remaining lease payments
under the relevant lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease 

 

 - 4 - 

 
or other agreement were accounted for as a Capital Lease and (iii) in respect of any Sale/Leaseback Transaction described in Section 7.13, the lesser of (A) the present
value, discounted in accordance with GAAP at the interest rate implicit in the related lease, of the obligations of the lessee for net rental payments over the remaining term of such lease (including any period for which such lease has been extended
or may, at the option of the lessor be extended) and (B) the fair market value of the assets subject to such transaction. 

“Availability Period” means the period from the Closing Date to the Revolving Loan Maturity Date. 

“Bankruptcy Code” means Title 11 of the United States Code as the same may be amended, supplemented, modified, replaced
or otherwise in effect from time to time. 
 “Bank Secrecy Act” means the Financial Recordkeeping and Reporting
of Currency and Foreign Transactions Act of 1970, 31 U.S.C. 1051, et seq., as the same may be amended, supplemented, modified, replaced or otherwise in effect from time to time. 

“Banking Product Obligations” means, with respect to OH Holdings or any of its Subsidiaries, up to $2,000,000 of the
obligations of OH Holdings or such Subsidiary owed to any holder of Finance Obligations or any Affiliate thereof in respect of any financial accommodation extended to OH Holdings or any of its Subsidiaries by such Person (other than Finance
Obligations arising pursuant to this Agreement) including: (i) credit cards, (ii) credit card processing services, (iii) debit cards or (iv) cash management or related services (including the Automated Clearing House processing
of electronic fund transfers through the direct Federal Reserve Fedline system). 
 “Base
Rate” means, for any day, a rate per annum equal to the greatest of (i) the Prime Rate in effect on such day, (ii) the Federal Funds Rate in effect on such day plus
 1/2 of 1.00%, (iii) 2.75% and (iv) the
Adjusted Eurodollar Rate that would be payable on such day for a Eurodollar Rate Loan with a one-month Interest Period plus 1.00%. 

“Base Rate Loan” means at any date a Loan bearing interest at a rate determined by reference to the Base Rate.

 “Board of Governors” means the Board of Governors of the United States Federal Reserve System, or any
successor thereto. 
 “Bookrunners” means Barclays Capital, the investment banking division of Barclays Bank
PLC, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc. in their capacities as joint bookrunners. 

“Borrower” means (i) initially, Merger Sub, (ii) upon the consummation of the Acquisition, Holdings (as
successor to Merger Sub) and (iii) from and after the execution and delivery of the Borrower Assumption Agreement by HGI, collectively, HGI and Holdings. 

“Borrower Assumption Agreement” means an agreement substantially in the form of Exhibit C-2 hereto. 

“Borrower Representations” means the representations made by or with respect to Holdings in the Acquisition Agreement
(but only to the extent that OH Holdings or any of its Affiliates have the right to terminate its respective obligations under the Acquisition Agreement as a result of a breach of such representations in the Acquisition Agreement). 

 

 - 5 - 

 “Borrowing” has the meaning set forth in Section 1.04.

 “Business Acquisition” means the acquisition by HGI or one or more of its Wholly-Owned Subsidiaries of all
of the Equity Interests of, or all (or any division, line of business or substantial part for which financial statements or other financial information is available) of the assets or property of, another Person. 

“Business Day” means any day except a Saturday, Sunday or other day on which commercial banks in The City of New York
are authorized or required to close, except that (i) when used in Section 2.05 with respect to any action taken by or with respect to any Issuing Lender, the term “Business Day” shall not include any day on which
commercial banks are authorized by law to close in the jurisdiction where such Issuing Lender’s Applicable Lending Office is located; and (ii) if such day relates to a borrowing of, a payment or prepayment of principal of or interest on,
or the Interest Period for, a Eurodollar Loan, or a notice by the Borrower with respect to any such borrowing, payment, prepayment or Interest Period, such day shall also be a day on which commercial banks are open for international business
(including dealings in Dollar deposits) in London. 
 “Capital Lease” of any Person means any lease of (or
other arrangement conveying the right to use) property (whether real, personal or mixed) by such Person as lessee which would, in accordance with GAAP, be required to be accounted for as a capital lease on the balance sheet of such Person.

 “Capital Lease Obligations” means, with respect to any Person, all obligations of such Person as lessee
under Capital Leases, in each case taken at the amount thereof accounted for as liabilities in accordance with GAAP. 

“Capitalization Documents” has the meaning set forth in Section 4.01(f). 

“Cash Collateralize” means to pledge and deposit with or deliver to the Collateral Agent, for the benefit of the Issuing
Lender and the Revolving Lenders, as collateral for the LC Obligations, cash or deposit balances pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent and the Issuing Lender. 

“Cash Equivalents” means, at any date of determination: 

(i)    securities issued or directly and fully guaranteed or insured by the United States or any
agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in support thereof) or, with respect to any Foreign Subsidiary, an equivalent obligation of the government of the country in which such
Foreign Subsidiary transacts business, in each case maturing within one year after such date; 

(ii)    time deposits and certificates of deposit, including Eurodollar time deposits and, with
respect to any Foreign Subsidiary, time deposits in the currency of any country in which such Foreign Subsidiary transacts business, of any commercial bank organized in the United States having capital and surplus in excess of $100,000,000 or, with
respect to any Foreign Subsidiary, a commercial bank organized under the laws of any other country in which such Foreign Subsidiary transacts business having total assets in excess of $100,000,000 (or its foreign currency equivalent)with a maturity
date not more than one year from the date of acquisition; 
  

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 (iii)    repurchase obligations with a term of not more
than seven days for underlying securities of the types described in clause (i) above entered into with any bank meeting the qualifications specified in clause (ii) above and organized in the United States; 

(iv)    direct obligations issued by any state of the United States or any political subdivision
of any state or any public instrumentality thereof maturing within 90 days after the date of acquisition thereof and, at the time of acquisition, having one of the two highest ratings obtainable from either S&P or Moody’s (or, if at
any time neither S&P nor Moody’s shall be rating such obligations, then from such other nationally recognized rating service reasonably acceptable to the Administrative Agent); 

(v)    commercial paper issued by the parent corporation of any commercial bank organized in the
United States having capital and surplus in excess of $100,000,000, or, with respect to any Foreign Subsidiary, a commercial bank organized under the laws of any other country in which such Foreign Subsidiary transacts business having total
assets in excess of $100,000,000 (or its foreign currency equivalent), and commercial paper issued by others having one of the two highest ratings obtainable from either S&P or Moody’s (or, if at any time neither S&P nor Moody’s
shall be rating such obligations, then from such other nationally recognized rating services reasonably acceptable to the Administrative Agent) and in each case maturing within one year after the date of acquisition; 

(vi)    overnight bank deposits and bankers’ acceptances at any commercial bank organized in the
United States having capital and surplus in excess of $100,000,000 or with respect to any Foreign Subsidiary, a commercial bank organized under the laws of any other country in which such Foreign Subsidiary transacts business having total assets in
excess of $100,000,000 (or its foreign currency equivalent); 
 (vii)    deposits available
for withdrawal on demand with commercial banks organized in the United States having capital and surplus in excess of $50,000,000 or, with respect to any Foreign Subsidiary, a commercial bank organized under the laws of any other country in which
such Foreign Subsidiary transacts business having total assets in excess of $50,000,000 (or its foreign currency equivalent); and 

(viii)    investments in money market funds substantially all of whose assets comprise securities of
the types described in clauses (i) through (vii). 
 “Casualty” means any casualty, loss,
damage, destruction or other similar loss with respect to real or personal property or improvements. 
 “Casualty
Insurance Policy” means any insurance policy maintained by any Group Company covering losses with respect to Casualties. 

“Change in Law” means the occurrence, after the date of this Agreement, of any of the following: (i) the adoption
or taking effect of any applicable law, rule, regulation or treaty, (ii) any change in any applicable law, rule, regulation or treaty or in the administration, interpretation or application thereof by any Governmental Authority or
(iii) the making or issuance of any request, guideline or directive (whether or not having the force of law) by any Governmental Authority. 
  

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 “Change of Control” means the occurrence of any of the following events:

 (i)    except as otherwise permitted under Section 7.04(vii), OH Holdings shall cease
to own, directly or indirectly, 100% of the Equity Interests of Holdings on a fully-diluted basis assuming the conversion and exercise of all outstanding Equity Equivalents (whether or not such securities are then currently convertible or
exercisable); or 
 (ii)    except as otherwise permitted under Section 7.04(vii),
Holdings shall cease to own, directly or indirectly, 100% of the Equity Interests of Intermediate Holdings on a fully-diluted basis assuming the conversion and exercise of all outstanding Equity Equivalents (whether or not such securities are then
currently convertible or exercisable); or 
 (iii)    except as otherwise permitted under
Section 7.04(vii), Intermediate Holdings shall cease to own, directly or indirectly, 100% of the Equity Interests of the Borrower on a fully-diluted basis assuming the conversion and exercise of all outstanding Equity Equivalents (whether or
not such securities are then currently convertible or exercisable); or 
 (iv)    at any time
before OH Holdings’, Holdings’, Intermediate Holdings’ or the Borrower’s Equity Interests are traded on a nationally-recognized stock exchange, the Permitted Investors in the aggregate shall cease to own, directly or indirectly,
at least 51% of the Equity Interests of OH Holdings (or, following any merger permitted under Section 7.04(vii), Holdings or Intermediate Holdings) on a fully-diluted basis assuming the conversion and exercise of all outstanding Equity
Equivalents (whether or not such securities are then currently convertible or exercisable); or 

(v)    at any time after OH Holdings’, Holdings’, Intermediate Holdings’ or the
Borrower’s Equity Interests are traded on a nationally-recognized stock exchange and for any reason whatsoever, (x) a majority of the Board of Directors of OH Holdings (or, following any merger permitted under Section 7.04(vii),
Holdings or Intermediate Holdings) shall not be Continuing Directors or (y) the Permitted Investors shall cease to own, directly or indirectly, at least 35% of the Equity Interests of OH Holdings (or, following any merger permitted under
Section 7.04(vii), Holdings or Intermediate Holdings) on a fully-diluted basis assuming the conversion and exercise of all outstanding Equity Equivalents (whether or not such securities are then currently convertible or exercisable) and any
other “person” or “group” (within the meaning of Rule 13d-5 of the Exchange Act as in effect on the date hereof) shall own a greater amount of such Equity Interests than the Permitted Investors then hold (it being understood that
if any such person or group includes one or more Permitted Investors, the shares of such Equity Interests of OH Holdings directly or indirectly owned by the Permitted Investors that are part of such person or group shall not be treated as being
owned by such person or group for purposes of determining whether this clause (y) is triggered); or 

(vi)    a “change of control” or similar event (as defined in any debt instrument in excess
of $10,000,000) occurs. 
 “Closing Date” means the date this Agreement becomes effective in accordance with
Section 4.01. 
 “Closing Date Certificate” means a Closing Date Certificate substantially in the
form of Exhibit M. 
 “Closing Date Stock Certificates” means Collateral consisting of stock
certificates representing the Common Stock of OH Holdings and its Domestic Subsidiaries for which a security interest can be perfected by delivering or possessing such stock certificates. 

 

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 “Closing Date UCC Filing Collateral” means Collateral for which a security
interest can be perfected by filing a UCC financing statement. 
 “Closing Fees” has the meaning set forth in
Section 2.11(c). 
 “Code” means the Internal Revenue Code of 1986, as amended, and any successor
statute thereto, as interpreted by the rules and regulations issued thereunder, in each case as in effect from time to time. 

“Collateral” means all of the property which is subject or is purported to be subject to the Liens granted by the
Collateral Documents. 
 “Collateral Agent” means Barclays Bank PLC, in its capacity as collateral agent for
the Finance Parties under the Collateral Documents, and its successor or successors in such capacity. 
 “Collateral
Documents” means, collectively, the Security Agreement, the Pledge Agreement, the Depositary Bank Agreements, the Securities Account Control Agreements, each Mortgage, any Additional Collateral Documents, any additional pledges, security
agreements, patent, trademark or copyright filings or mortgages required to be delivered pursuant to the Finance Documents and any instruments of assignment, control agreements, lockbox letters or other instruments or agreements executed pursuant to
the foregoing. 
 “Commitment” means (i) with respect to each Lender, its Revolving Commitment, Term Loan
Commitment and/or New Term Loan Commitment, as and to the extent applicable, (ii) with respect to each Issuing Lender, its LC Commitment and (iii) with respect to the Swingline Lender, the Swingline Commitment, in each case as set forth on
Schedule 1.01A hereto, on the Register or in the applicable Assignment and Assumption as its Commitment, as any such amount may be increased or decreased from time to time pursuant to this Agreement. The Register sets forth the Commitments of
the Lenders as of the Closing Date, subject to any amendment or modification of the Register after such date due to changes in Commitments thereafter. 

“Commitment Fee” has the meaning set forth in Section 2.11(a). 

“Commitment Parties” means, collectively, Barclays Bank PLC, Morgan Stanley Senior Funding, Inc. and General Electric
Capital Corporation. 
 “Commodity Account” has the meaning set forth in the UCC. 

“Common Stock” means the common stock of any of OH Holdings, Holdings, Intermediate Holdings, HGI or any of its
Subsidiaries. 
 “Computer Hardware” means all computer and other electronic data processing hardware of a
Credit Party, whether now or hereafter owned, licensed or leased by such Credit Party, including all integrated computer systems, central processing units, memory units, display terminals, printers, features, computer elements, card readers, tape
drives, hard and soft disk drives, cables, electrical supply hardware, generators, power equalizers, accessories, peripheral devices and other related computer hardware, all documentation, flowcharts, logic diagrams, manuals, specifications,
training materials, charts and pseudo codes associated with any of the foregoing and all options, warranties, services contracts, program services, test rights, maintenance rights, support rights, renewal rights and indemnifications relating to any
of the foregoing. 
  

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 “Condemnation” means any taking by a Governmental Authority of property or
assets, or any part thereof or interest therein, for public or quasi-public use under the power of eminent domain, by reason of any public improvement or condemnation. 

“Condemnation Award” means all proceeds of any Condemnation or transfer in lieu thereof. 

“Consolidated Adjusted Working Capital” means at any date the excess of (i) Consolidated Current Assets (excluding
(A) cash and Cash Equivalents classified as such in accordance with GAAP and (B) deferred taxes calculated in accordance with GAAP) over (ii) Consolidated Current Liabilities (excluding (A) the current portion of any Consolidated
Debt, (B) the aggregate principal amount of outstanding Revolving Loans, (C) accrued and unpaid interest on any Consolidated Debt and (D) deferred taxes calculated in accordance with GAAP). 

“Consolidated Capital Expenditures” means for any period the aggregate amount of all expenditures (whether paid in cash
or other consideration or accrued as a liability) that would, in accordance with GAAP, be included as additions to property, plant and equipment and other capital expenditures of Holdings and its Consolidated Subsidiaries for such period, as the
same are or would be set forth in a consolidated statement of cash flows of Holdings and its Consolidated Subsidiaries for such period (including the amount of assets leased under any Capital Lease), but excluding (to the extent that they would
otherwise be included) (i) any such expenditures made for the replacement or restoration of assets in amounts not exceeding the aggregate amount of Insurance Proceeds or Condemnation Award with respect to the asset or assets being replaced or
restored, (ii) for purposes of the definition of “Excess Cash Flow” only, capital expenditures for Permitted Business Acquisitions, (iii) any such expenditures to the extent OH Holdings or any of its Consolidated Subsidiaries has
received reimbursement in cash from a third party other than OH Holdings or one or more of its Consolidated Subsidiaries and (iv) capitalized interest. 

“Consolidated Cash Interest Expense” means for any period Consolidated Interest Expense that has been paid in cash for
such period, or any cash interest that is paid in such period for which the interest expense was accrued in a prior period in accordance with GAAP, other than (to the extent, but only to the extent, included in the determination of Consolidated
Interest Expense for such period in accordance with GAAP and paid in cash for such period), (i) amortization of debt discount and debt issuance fees, (ii) any fees (including underwriting fees and expenses) paid in connection with the
consummation of the Transaction or Permitted Business Acquisitions, (iii) any payments made to obtain Derivatives Agreements, (iv) any agent or collateral monitoring fees paid or required to be paid pursuant to any Finance Document,
(v) the actual or implied interest component of any consulting payments and (vi) annual agency fees, unused line fees and letter of credit fees and expenses paid hereunder. 

“Consolidated Cash Tax Expense” means for any period the aggregate Federal, state, local and foreign income, franchise,
state single business unitary and similar taxes that have been paid in cash by Holdings and its Consolidated Subsidiaries in respect of such period. 

“Consolidated Current Assets” means at any date the consolidated current assets of OH Holdings and its Consolidated
Subsidiaries determined as of such date. 
 “Consolidated Current Liabilities” means at any date the
consolidated current liabilities of OH Holdings and its Consolidated Subsidiaries determined as of such date. 

“Consolidated Debt” means at any date the Debt of OH Holdings and its Consolidated Subsidiaries, determined on a
consolidated basis as of such date. 
  

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 “Consolidated EBITDA” means for any period the sum of (i) Consolidated
Net Income for such period (excluding therefrom (x) any extraordinary, or non-cash unusual or non recurring items of gain or loss, (y) any gain or loss from discontinued operations and (z) any gain or loss attributable to Asset
Dispositions made other than in the ordinary course of business) plus (ii) to the extent not otherwise included in the determination of Consolidated Net Income for such period, all proceeds of business interruption insurance policies, if any,
received during such period plus (iii) (without duplication) an amount which, in the determination of Consolidated Net Income for such period, has been deducted for (A) Consolidated Interest Expense, (B) provisions for Federal, state,
local and foreign income, franchise, state single business unitary and similar taxes, (C) depreciation, amortization (including amortization of goodwill and other intangible assets), impairment of goodwill and other non-cash charges or expenses
(excluding any such non-cash charge to the extent that it represents amortization of a prepaid cash expense that was paid in a prior period), (D) non-cash compensation expense, or other non-cash expenses or charges, arising from the sale of
stock, the granting of stock options, the granting of stock appreciation rights and similar arrangements (including any repricing, amendment, modification, substitution or change of any such stock, stock option, stock appreciation rights or similar
arrangements), (E) non-cash rent expense, (F) up to $30,000,000 in Transaction Costs of the Borrower, determined in accordance with GAAP, eliminating any increase or decrease in income resulting from non-cash accounting adjustments made in
connection with the Acquisition, (G) expenses incurred by OH Holdings or any Consolidated Subsidiary to the extent reimbursed in cash by a third party other than OH Holdings or one or more of its Consolidated Subsidiaries, (H) unrealized
losses on Derivatives Agreements, (I) losses from foreign currency adjustments, (J) losses in respect of pension or other post-retirement benefits or pension assets, (K) write-offs of deferred financing costs, (L) expenses in
respect of earn-out obligations, (M) any financial advisory fees, accounting fees, legal fees and similar advisory and consulting fees and related out-of-pocket expenses of the Borrower and its Consolidated Subsidiaries incurred as a result of
actual or potential Permitted Business Acquisitions, all determined in accordance with GAAP and in each case eliminating any increase or decrease in income resulting from non-cash accounting adjustments made in connection with the related Permitted
Business Acquisition and (N) expenses relating to the granting and exercising of management options on or prior to the Closing Date minus (iv) any amount which, in the determination of Consolidated Net Income for such period, has been
added for any non-cash income or non-cash gains, all as determined in accordance with GAAP minus (v) the aggregate amount of cash payments made during such period in respect of any non-cash accrual, reserve or other non-cash charge or expense
accounted for in a prior period and not otherwise reducing Consolidated Net Income for such period. 
 For purposes of
determining Consolidated EBITDA for any period that includes the quarterly periods ending December 31, 2009, or March 31, 2010, the Consolidated EBITDA for each such quarterly period shall be deemed to be $16,057,000 and $17,752,000,
respectively, without limiting any pro forma adjustments otherwise permitted to be made pursuant to this definition. 

For purposes of calculating Consolidated EBITDA for any period of four consecutive fiscal quarters (each, a “Reference
Period”) pursuant to any determination of the Leverage Ratio, the Interest Coverage Ratio and the Secured Leverage Ratio, if during such Reference Period (or in the case of pro-forma calculations, during the period from the last day of such
Reference Period to and including the date as of which such calculation is made) any Group Company shall have made an Asset Disposition or a series of Asset Dispositions involving assets comprising all or substantially all of an operating unit of a
business or constituting all or substantially all of the common stock of a Subsidiary or made a Permitted Business Acquisition, Consolidated EBITDA for such Reference Period shall be calculated after giving effect thereto on a Pro-Forma Basis,
giving effect to projected or anticipated cost savings permitted or required by regulations S-X or S-K under the Securities Act and Other Pro Forma Adjustments. 
  

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 “Consolidated Funded Debt” means at any date the Funded Debt of OH Holdings
and its Consolidated Subsidiaries, as of such date, determined on a consolidated basis in accordance with GAAP. 

“Consolidated Interest Expense” means, for any period, the total interest expense, whether paid or accrued in such
period and whether or not capitalized in such period, (including amortization of debt issuance costs and original issue discount, non-cash interest payments, the interest component of any deferred payment obligations, the interest component of all
payments under Capital Leases (regardless of whether accounted for as interest expense under GAAP), all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptances and net costs in respect
of Derivatives Obligations constituting interest rate swaps, collars, caps or other arrangements requiring payments contingent upon interest rates of Holdings and its Consolidated Subsidiaries), net of interest income, in each case determined on a
consolidated basis for such period. 
 “Consolidated Net Income” means, for any period, the net income (or net
loss) after taxes of Holdings and its Consolidated Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP; provided that there shall be excluded from the calculation of Consolidated Net Income for any period
(i) the income (or loss) of any Person (other than a Credit Party) in which any other Person (other than OH Holdings or any of its Wholly-Owned Consolidated Subsidiaries) has an ownership interest, except to the extent that any such income is
actually received in cash by Holdings or such Wholly-Owned Consolidated Subsidiary in the form of Restricted Payments during such period, (ii) the income (or loss) of any Person accrued prior to the date it becomes a Consolidated Subsidiary of
Holdings or is merged with or into or consolidated with Holdings or any of its Consolidated Subsidiaries or that Person’s assets are acquired by Holdings or any of its Consolidated Subsidiaries, except as provided in the definitions of
Consolidated EBITDA and “Pro-Forma Basis” herein and (iii) the income of any Subsidiary of Holdings to the extent that the declaration or payment of Restricted Payments or similar distributions by that Subsidiary of that income is not
at the time permitted by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental regulation applicable to that Subsidiary. 

“Consolidated Scheduled Debt Payments” means, for any period, the sum of all scheduled payments of
principal on the Loans and all other Consolidated Debt (including the principal component of Capital Lease Obligations and Purchase Money Debt) paid or payable during such period, but excluding payments due on Revolving Loans and Swingline Loans
during such period and Principal Amortization Payments on account of Term Loans; provided that Consolidated Scheduled Debt Payments for any period shall not include voluntary prepayments of Consolidated Debt, mandatory prepayments of the Term
Loans pursuant to Section 2.09(b) or other mandatory prepayments (other than by virtue of scheduled amortization) of Consolidated Debt (but Consolidated Scheduled Debt Payments for a period shall be adjusted to reflect the effect on
scheduled payments of principal for such period of the application of any prepayments of Consolidated Debt during or preceding such period). 

“Consolidated Subsidiary” means with respect to any Person at any date any Subsidiary of such Person or other entity the
accounts of which would be consolidated with those of such Person in its consolidated financial statements if such statements were prepared as of such date in accordance with GAAP. 

“Consolidated Total Assets” means at any date the total consolidated assets of Holdings and its Consolidated
Subsidiaries determined as of such date. 
 “Consolidated Total Debt” means as at any date of determination,
the aggregate stated balance sheet amount of all Debt of Holdings and its Consolidated Subsidiaries (or, if higher, the par value or stated face amount of all such Debt (other than zero coupon Debt) determined on a consolidated basis in accordance
with GAAP. 
  

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 “Continuing Directors” means the directors of OH Holdings on the Closing
Date and each other director of OH Holdings, if, in each case, such other director’s nomination for election to the Board of Directors of OH Holdings is recommended by at least a majority of the then Continuing Directors or such other director
receives the vote of the Sponsor and/or its Affiliates (excluding any operating portfolio companies of the Sponsor) or any other Permitted Investor in his or her nomination or election by the shareholders of OH Holdings. 

“Contractual Obligation” means, as applied to any Person, any provision of any Security issued by that Person or of any
indenture, mortgage, deed of trust, contract, undertaking, agreement or other instrument to which that Person is a party or by which it or any of its properties is bound or to which it or any of its properties is subject. 

“Control Account” means a Securities Account or Commodity Account that is the subject of an effective Securities Account
Control Agreement and that is maintained by any Credit Party with an Approved Securities Intermediary. “Control Account” includes all Financial Assets held in a Securities Account or a Commodity Account and all certificates and
instruments, if any, representing or evidencing the Financial Assets contained therein. 
 “Controlling Person”
has the meaning set forth in the definition of Affiliate. 
 “Copyright” means any of the following, whether
now existing or hereafter arising, created or acquired: (i) all common law and/or statutory rights in all copyrightable subject matter under the laws of the United States or any other country (whether or not the underlying works of authorship
have been published); (ii) all registrations and applications for registration of any such copyright in the United States or any other country, including registrations, recordings, supplemental, derivative or collective work registrations and
pending applications for registrations in the United States Copyright Office or any other country; (iii) all copyrights in computer programs, web pages, computer data bases and computer program flow diagrams, including all source codes and
object codes related to any or all of the foregoing; (iv) all claims for, and rights to sue for, past, present and future infringement of any of the foregoing; (v) all rights to income, royalties, damages and payments now or hereafter due
or payable with respect to any of the foregoing, including damages and payments for past, present or future infringements thereof and payments and damages under all Copyright Licenses in connection therewith; (vi) all rights in any of the
foregoing, whether arising under the laws of the United States or any foreign country or otherwise, to copy, record, synchronize, broadcast, transmit, perform and/or display any of the foregoing or any matter which is the subject of any of the
foregoing in any manner and by any process now known or hereafter devised; and (vii) all other rights of any kind accruing thereunder or pertaining thereto throughout the world. 

“Copyright License” means any agreement now or hereafter in existence granting to any Credit Party any rights, whether
exclusive or non-exclusive, to use another Person’s Copyrights or Copyright applications, or pursuant to which any Credit Party has granted to any other Person, any right, whether exclusive or non-exclusive, with respect to any Copyright,
whether or not registered. 
 “Credit Exposure” has the meaning set forth in the definition of
“Required Lenders” in this Section 1.01. 
 “Credit Extension” means a Borrowing
or the issuance, renewal or extension of a Letter of Credit. 
  

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 “Credit Party” means each of OH Holdings, Holdings, Intermediate Holdings,
HGI and each Subsidiary Guarantor, and “Credit Parties” means any combination of the foregoing. 

“Debt” of any Person means at any date, without duplication, (i) all obligations of such Person for borrowed money,
(ii) all obligations of such Person evidenced by bonds, debentures, notes or other similar instruments, (iii) all obligations of such Person under conditional sale or other title retention agreements relating to property purchased by such
Person to the extent of the value of such property (other than customary reservations or retentions of title under agreements with suppliers entered into in the ordinary course of business), (iv) all obligations, other than intercompany items,
of such Person to pay the deferred purchase price of property or services (other than trade accounts and accrued expenses arising in the ordinary course of business), (v) the Attributable Debt of such Person in respect of Capital Lease
Obligations, (vi) all obligations of such Person to purchase securities or other property which arise out of or in connection with the sale of the same or substantially similar securities or property and which mature or otherwise become
non-contingent on or prior to the date that is 90 days after the Term Loan Maturity Date, (vii) all non-contingent obligations (and, solely for purposes of Section 7.01 and Section 8.01(e), all contingent obligations) of
such Person to reimburse any bank or other Person in respect of amounts paid under a letter of credit, bankers’ acceptance or similar instrument, (viii) all obligations of others secured by (or for which the holder of such obligations has
an existing right, contingent or otherwise, to be secured by) a Lien on, or payable out of the proceeds of production from, any property or asset of such Person, whether or not such obligation is assumed by such Person; provided that the
amount of any Debt of others that constitutes Debt of such Person solely by reason of this clause (viii) shall not for purposes of this Agreement exceed the greater of the book value or the fair market value of the properties or assets
subject to such Lien, (ix) all Guaranty Obligations of such Person in respect of Debt of another Person, (x) all Debt Equivalents of such Person, (xi) all Derivatives Obligations of such Person (determined at their then respective
Derivatives Termination Values) and (xii) the Debt of any other Person (including any partnership in which such Person is a general partner and any unincorporated joint venture in which such Person is a joint venturer) to the extent such Person
would be liable therefor under applicable law or any agreement or instrument by virtue of such Person’s ownership interest in or other relationship with such entity, except to the extent the terms of such Debt provide that such person shall not
be liable therefore; provided (i) Debt shall not include (x) earn out obligations until matured or earned or employee consulting agreements and (y) for the purposes only of Section 7.16, the Derivatives Termination Value,
and (ii) that the amount of any Limited Recourse Debt of any Person shall be equal to the lesser of (A) the aggregate principal amount of such Limited Recourse Debt for which such Person provides credit support of any kind (including any
undertaking agreement or instrument that would constitute Debt), is directly or indirectly liable as a guarantor or otherwise or is the lender and (B) the fair market value of any assets securing such Debt or to which such Debt is otherwise
recourse. 
 “Debt Equivalents” of any Person means any Equity Interest of such Person which by its terms (or
by the terms of any security for which it is convertible or for which it is exchangeable or exercisable), or upon the happening of any event or otherwise (including an event which would constitute a Change of Control or an Asset Disposition but only
to the extent such an event occurs), (A) matures or is mandatorily redeemable or subject to any mandatory repurchase requirement at the option of the holders thereof (other than solely for Equity Interests), in each case in whole or in part and
whether upon the occurrence of any event, pursuant to a sinking fund obligation on a fixed date or otherwise (including as the result of a failure to maintain or achieve any financial performance standards), (B) is convertible into or
exchangeable, automatically or at the option of any holder thereof, into Debt or Debt Equivalents or other assets other than Equity Interests, in the case of clauses (A), (B), (C) and (D), prior to the date that is 91 days after the final
scheduled maturity date of the Loans (other than (i) upon payment in full of the Obligations (other than indemnification and other contingent obligations not yet due and owing) and termination of the Commitments or (ii) upon a “change
in control” of such Person or a sale of all or substantially all of the assets of such Person; provided that any payment required pursuant to this clause 

 

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(ii) is subject to the prior repayment in full of the Obligations (other than indemnification and other contingent obligations not yet due and owing) that are accrued and payable and the
termination of the Commitments); provided further, however, that if such Equity Interests are issued to any employee or to any plan for the benefit of employees of the Borrower or the Subsidiaries or by any such plan to such employees,
such Equity Interests shall not constitute Debt Equivalents solely because it may be required to be repurchased by the Borrower in order to satisfy applicable statutory or regulatory obligations or as a result of such employee’s termination,
death or disability, (C) is redeemable or subject to any repurchase requirement arising at the option of the holder thereof, in each case, in whole or in part, on or prior to the first anniversary of the Term Loan Maturity Date and
(D) requires the payment of any dividends (other than dividends payable solely in shares of Equity Interests). 

“Debt Issuance” means the issuance by any Group Company of any Debt. 

“Default” means any condition or event which constitutes an Event of Default or which with the giving of notice or lapse
of time or both would, unless cured or waived, become an Event of Default. 
 “Defaulting Lender” means any
Lender that has (a) failed to fund any portion of its Revolving Commitment within one Business Day of the date required to be funded by it hereunder, unless the subject of a good faith dispute, (b) notified the Borrower, the Administrative
Agent or any Lender in writing, or has otherwise indicated through a public statement, that it does not intend to comply with its funding obligations under this Agreement or generally under other agreements in which it commits to extend credit,
(c) failed, within three Business Days after receipt of a written request from the Administrative Agent, to confirm that it will comply with the terms of this Agreement relating to its obligations to fund prospective Revolving Commitments,
(d) otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by it hereunder within three Business Days of the date when due, unless the subject of a good faith dispute or (e) become
the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee, custodian, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business appointed
for it, or has taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in any such proceeding or appointment or has a parent company that has become the subject of a bankruptcy or insolvency proceeding, or has
had a receiver, conservator, trustee, custodian, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business appointed for it, or has taken any action in furtherance of, or
indicating its consent to, approval of or acquiescence in any such proceeding or appointment; provided that (i) the Administrative Agent and the Borrower may declare (A) by joint notice to the Lenders that a Defaulting Lender is no
longer a “Defaulting Lender” or (B) that a Lender is not a Defaulting Lender if in the case of both clauses (A) and (B) the Administrative Agent and the Borrower each determines, in its sole respective discretion, that
(x) the circumstances that resulted in such Lender becoming a “Defaulting Lender” no longer apply or (y) it is satisfied that such Lender will continue to perform its funding obligations hereunder and (ii) a Lender shall not
be a Defaulting Lender solely by virtue of the ownership or acquisition of voting stock or any other equity interest in such Lender or a parent company thereof by a Governmental Authority or an instrumentality thereof. 

“Defaulting Revolving Lender” has the meaning set forth in Section 2.16. 

“Deposit Account” shall have the meaning set forth in the Security Agreement. 

“Depositary Bank” shall have the meaning set forth in the Security Agreement. 

 

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 “Depositary Bank Agreement” shall have the meaning set forth in the
Security Agreement. 
 “Derivatives Agreement” means (i) 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 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
(ii) 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. 
 “Derivatives Creditor” means
any Lender or any Affiliate of any Lender from time to time party to one or more Derivatives Agreements permitted hereunder with a Credit Party (even if any such Lender for any reason ceases after the execution of such agreement to be a Lender
hereunder), and its successors and assigns. 
 “Derivatives Obligations” of any Person means all obligations
(including any amounts which accrue after the commencement of any bankruptcy or insolvency proceeding with respect to such Person, whether or not allowed or allowable as a claim under any bankruptcy or insolvency proceeding) of such Person in
respect of any Derivatives Agreement, excluding any amounts which such Person is entitled to set-off against its obligations under applicable law. 

“Derivatives Termination Value” means, at any date and in respect of any one or more Derivatives Agreements, after
taking into account the effect of any legally enforceable netting agreements relating to such Derivatives Agreements, (i) for any date on or after the date such Derivatives Agreements have been closed out and termination value(s) determined in
accordance therewith, such termination value(s), and (ii) for any date prior to the date referenced in clause (i), the amount(s) determined as the mark-to-market value(s) for such Derivatives Agreements, as determined based upon one or
more mid-market or other readily available quotations provided by any recognized dealer in such Derivatives Agreements (which may include any Lender). 

“Documentation Agent” means General Electric Capital Corporation in its capacity as documentation agent. 

“Dollars” and the sign “$” means lawful money of the United States of America. 

“Domestic Subsidiary” means with respect to any Person each Subsidiary of such Person which is incorporated under the
laws of the United States or any state thereof, and the District of Columbia, and “Domestic Subsidiaries” means any two or more of them. 

“Eligible Assignee” means (i) in the case of an assignment of Revolving Commitments or Revolving Loans, any
Revolving Lender, and in the case of any other assignment, any Lender, (ii) in the case of an assignment of Revolving Commitments or Revolving Loans, any Affiliate of a Revolving Lender, and in the case of any other assignment, any Affiliate of
any Lender (iii) in the case of an assignment of Revolving Commitments or Revolving Loans, any Approved Fund of any Revolving Lender, and in the case of any other assignment, any Approved Fund of any Lender, (iv) any other

  

 - 16 - 

 
commercial bank, finance company, insurance company or other financial institution or fund (other than a natural Person) approved by (A) the Administrative Agent, (B) in the case of any
assignment of a Revolving Commitment, the Issuing Lenders and the Swingline Lender and (C) unless an Event of Default has occurred and is continuing at the time any assignment is effected pursuant to Section 10.06(b), the Borrower
(each such approval not to be unreasonably withheld, conditioned or delayed and any such approval required of the Borrower to be deemed given by the Borrower if no objection from the Borrower is received by the assigning Lender and the
Administrative Agent within five Business Days after notice of such proposed assignment has been provided by the assigning Lender to the Borrower) and (v) subject to the restrictions set forth in Section 10.06(b)(i), any Sponsor Affiliated
Lender; provided, however, that no Person shall be an Eligible Assignee if such Person appears on the list of Specially Designated Nationals and Blocked Persons prepared by the U.S. Treasury Department’s Office of Foreign Assets
Control or the purchase by such Person of an assignment or the performance by any Agent of its duties under the Finance Documents with respect to such Person violates or would violate any Anti-Terrorism Law. 

“Employee Benefit Arrangements” means, in any jurisdiction, the benefit schemes or arrangements in respect of any
employees or past employees operated by any Group Company or in which any Group Company participates and which provide benefits on retirement, ill-health, injury, death or voluntary withdrawal from or termination of employment, including termination
indemnity payments and life assurance and post-retirement medical benefits. 
 “Environmental Laws” means all
Laws relating in any way to the protection of the environment, the preservation or reclamation of natural resources, the management, release or threatened release of, or exposure to, any Hazardous Material or health and safety matters. 

“Environmental Liability” means any liability, contingent or otherwise (including any liability for damages, costs of
remediation, fines, penalties or indemnities), of any Group Company directly or indirectly resulting from or based on (i) violation of or claim pursuant to any Environmental Law, (ii) the generation, use, handling, transportation, storage,
treatment or disposal of any Hazardous Material, (iii) exposure to any Hazardous Material, (iv) the release or threatened release of any Hazardous Material into the environment or (v) any contract, agreement or other consensual
arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 
 “Equity
Equivalents” means with respect to any Person any rights, warrants, options, convertible securities, exchangeable securities, indebtedness or other rights, in each case exercisable for or convertible or exchangeable into, directly or
indirectly, Equity Interests of such Person or securities exercisable for or convertible or exchangeable into Equity Interests of such Person, whether at the time of issuance or upon the passage of time or the occurrence of some future event.

 “Equity Interests” means all shares of capital stock, partnership interests (whether general or limited),
limited liability company membership interests, beneficial interests in a trust and any other interest or participation that confers on a Person the right to receive a share of profits or losses, or distributions of assets, of an issuing Person, but
excluding any debt securities convertible into such Equity Interests. 
 “Equity Issuance” means (i) any
sale or issuance by any Group Company to any Person other than OH Holdings or a Subsidiary of OH Holdings of any Equity Interests or any Equity Equivalents (other than any such Equity Equivalents that constitute Debt) and (ii) the receipt by
any Group Company of any cash capital contributions, whether or not paid in connection with any issuance of Equity Interests of any Group Company, from any Person other than OH Holdings or a Subsidiary of OH Holdings. 

 

 - 17 - 

 “ERISA” means the Employee Retirement Income Security Act of 1974, as
amended, and any rule or regulation issued thereunder. 
 “ERISA Affiliate” means each business or entity which
is or was a member of a “controlled group of corporations”, under “common control” or a member of an “Affiliated service group” with a Group Company within the meaning of Section 414(b), (c) or (m) of the
Code, or required or was required to be aggregated with a Group Company under Section 414(o) of the Code or is or was under “common control” with a Group Company, within the meaning of Section 4001(a)(14) of ERISA. 

“ERISA Event” means: 

(i)    a reportable event as defined in Section 4043 of ERISA and the regulations issued under
such Section with respect to a Plan, excluding, however, such events as to which the PBGC by regulation has waived the requirement of Section 4043(a) of ERISA that it be notified within 30 days of the occurrence of such event; 

(ii)    the requirements of Section 4043(b) of ERISA apply with respect to a contributing
sponsor, as defined in Section 4001(a)(13) of ERISA, of any Plan, and an event described in paragraph (9), (10), (11), (12) or (13) of Section 4043(c) of ERISA is reasonably expected to occur with respect to such Plan within the
following 30 days; 
 (iii)    (x) the failure to meet the minimum funding standard of
Sections 412 or 430 of the Code with respect to any Plan (whether or not waived in accordance with Section 412(c) of the Code), the application for a minimum funding waiver under Sections 302 or 303 of ERISA with respect to any Plan, or the
failure to make by its due date a required contribution under Section 430(j) of the Code with respect to any Plan; or (y) the failure to make any required contribution to a Multiemployer Plan; 

(iv)    the incurrence of any material liability by a Group Company or any ERISA Affiliate pursuant to
Title I or IV of ERISA or the penalty or excise tax provisions of the Code relating to employee benefit plans (as defined in Section 3 of ERISA), or the occurrence or existence of any event, transaction or condition that could reasonably be
expected to result in the incurrence of any such material liability by a Group Company or any ERISA Affiliate, or in the imposition of any lien on any of the rights, properties or assets of a Group Company or any ERISA Affiliate, in either case
pursuant to Title I or IV of ERISA or to such penalty or excise tax provisions of the Code or to Sections 436(f) or 412 of the Code, or a determination that any Plan is, or is expected to be, in “at risk” status (as defined in
Section 430 of the Code or Section 303 of ERISA); 
 (v)    the provision by the
administrator of any Plan pursuant to Section 4041(a)(2) of ERISA of a notice (or the reasonable expectation of such provision of notice) of intent to terminate such Plan in a distress termination described in Section 4041(c) of ERISA, the
institution by the PBGC of proceedings to terminate any Plan or the occurrence of any event or condition which could reasonably be expected to constitute grounds under ERISA for the termination of, or the appointment of a trustee by the PBGC to
administer, any Plan; 
 (vi)    the withdrawal of a Group Company or ERISA Affiliate in a
complete or partial withdrawal (within the meaning of Sections 4203 and 4205 of ERISA) from any Multiemployer Plan if there is any material liability therefor, or the receipt by a Group Company or ERISA Affiliate of notice from any Multiemployer
Plan that it is in reorganization or insolvency pursuant to Section 4241 or 4245 of ERISA, or that it intends to terminate or has 

 

 - 18 - 

 
terminated under Section 4041A or 4042 of ERISA, or a determination that any Multiemployer Plan is, or is expected to be, in “critical” or “endangered” status under
Section 432 of the Code or Section 305 of ERISA; 
 (vii)    the imposition of
material liability (or the reasonable expectation thereof) on a Group Company or ERISA Affiliate pursuant to Section 4062, 4063, 4064 or 4069 of ERISA or by reason of the application of Section 4212(c) of ERISA; 

(viii)    the assertion of a material claim (other than routine claims for benefits) against any Plan
or the assets thereof, or against a Group Company in connection with any Plan; 
 (ix)    the
receipt from the United States Internal Revenue Service of notice of the failure of any Plan (or any Employee Benefit Arrangement intended to be qualified under Section 401(a) of the Code) to qualify under Section 401(a) of the Code, or
the failure of any trust forming part of any Plan to qualify for exemption from taxation under Section 501(a) of the Code, and, with respect to Multiemployer Plans, notice thereof to any Group Company; 

(x)    the establishment or amendment by a Group Company of any Welfare Plan that provides
post-employment welfare benefits in a manner that would increase the liability of a Group Company; 

(xi)    the occurrence of a “prohibited transaction” with respect to which a Group Company
is a “disqualified person” (within the meaning of Section 4975 of the Code) or a “party in interest” (within the meaning of Section 406 of ERISA); or 

(xii)    any other event or condition with respect to a Plan or Multiemployer Plan that could result
in liability to a Group Company. 
 “Eurodollar Loan” means at any date a Loan which bears interest at a rate
determined by reference to the Adjusted Eurodollar Rate. 
 “Event of Default” has the meaning set forth in
Section 8.01. 
 “Evergreen Letter of Credit” has the meaning set forth in
Section 2.05(c). 
 “Excess Cash Flow” means for any period an amount equal to
(i) Consolidated EBITDA for such period plus (ii) all cash extraordinary, unusual or non recurring gains, if any, during such period, other than from Asset Dispositions, plus (iii) the decrease, if any, in Consolidated Adjusted
Working Capital from the first day to the last day of such period, minus (iv) the amount, if any, which, in the determination of Consolidated Net Income for such period, has been included in respect of income or gain from Asset Dispositions of
Holdings and its Consolidated Subsidiaries, minus (v) the aggregate amount (without duplication and in each case except to the extent paid, directly or indirectly, with proceeds of any Equity Issuance or Debt Issuance (other than Revolving
Loans) by any Group Company) of (A) cash payments during such period in respect of Consolidated Capital Expenditures, (B) cash payments during such period in respect of Permitted Business Acquisitions allowed under
Section 7.06(a)(xiii), other permitted Investments allowed under Section 7.06(a)(xxi) and Permitted Joint Ventures allowed under Section 7.06(a)(xvii), (C) permitted optional prepayments of Debt (other than
Loans) during such period, (D) earn-out payments paid in cash during such period, (E) the aggregate amount of all Restricted Payments actually paid in cash in accordance with this Agreement by Holdings during such period, (F) up to
$5,000,000 in financial advisory fees, accounting fees, legal fees and other similar advisory and consulting fees and related out-of-pocket expenses of the Borrower incurred as a result of any actual or

  

 - 19 - 

 
proposed Permitted Business Acquisition and actually paid in cash by Holdings and its Consolidated Subsidiaries during such period, in each case to the extent added to Consolidated Net Income in
the determination of Consolidated EBITDA for such period, (G) Consolidated Cash Interest Expense and, without duplication and only to the extent included in Consolidated Interest Expense for such period, any expenses identified in clauses
(i) through (vi) of the definition of Consolidated Cash Interest Expense actually paid in cash by Holdings and its Consolidated Subsidiaries during such period, (H) Consolidated Cash Tax Expense actually paid by Holdings and its
Consolidated Subsidiaries during such period in respect of any period ending on or after the Closing Date and (I) Consolidated Scheduled Debt Payments actually paid by Holdings and its Consolidated Subsidiaries during such period minus
(vi) all cash extraordinary, unusual or non-recurring losses, if any, during such period (whether or not accrued in such period), minus (vii) the increase, if any, in Consolidated Adjusted Working Capital from the first day to the last day
of such period, minus (viii) to the extent included in the determination of Consolidated EBITDA for such period, amounts (whether positive or negative) derived from changes in foreign currency exchange rates during such period. 

“Exchange Act” means the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated
thereunder. 
 “Excluded Asset Disposition” means an Asset Disposition permitted pursuant to
Section 7.05 other than Asset Dispositions pursuant to Sections 7.05 (iv), (vii), (xii) and (xvi). 

“Excluded Taxes” means with respect to any Agent, any Lender or any other recipient of any payment to be made by or on
account of any obligation of the Borrower hereunder, (i) income or franchise taxes imposed on (or measured by) its net income and any United States backup withholding taxes, in each case as a result of a present or former connection between
such Agent or Lender and the jurisdiction of the Governmental Authority imposing such tax or any political subdivision or taxing authority thereof or therein (other than any such connection arising solely from such Agent’s or Lender’s
having executed, delivered or performed its obligations or received a payment under, or enforced, this Agreement or any other Finance Document), (ii) any branch profits taxes imposed by the United States or any similar tax imposed by any other
jurisdiction in which the Borrower is located, and (iii) in the case of any Borrowing with respect to any Lender (other than an Eligible Assignee pursuant to a request by a Borrower under Section 2.10(d)), any withholding tax
imposed by the United States or any political subdivision therein or thereof that is (A) imposed on amounts payable to such Lender at the time such Lender becomes a party to this Agreement except to the extent that such Lender (or its assignor,
if any) was entitled, at the time of designation of a new lending office (or assignment), to receive additional amounts from the Borrower with respect to such withholding tax pursuant to Section 3.01(a) or (B) attributable to such
Lender’s failure to comply (other than as a result of a Change in Law) with Section 3.01(d) and the second to last sentence of Section 10.06(c), or such Lender’s failure to comply with Sections 1471 through 1474 of
the Code or any regulations promulgated thereunder (the “FATCA”) to establish an exemption from withholding thereunder. 

“Existing Letters of Credit” means the letters of credit that were issued before the Closing Date and described by the
date of issuance, letter of credit number, undrawn amount, names of beneficiary and date of expiry on Schedule 2.05, and “Existing Letter of Credit” means any one of them. 

“Federal Funds Rate” means for any day the rate per annum equal to the weighted average of the rates on overnight
Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (i) 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 (ii) 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 quoted to Administrative Agent on such day on such transactions as determined by the Administrative Agent. 

 

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 “Finance Documents” means this Agreement, the Notes, the Guaranty, the
Collateral Documents, each Perfection Certificate, the Intercompany Notes, the Borrower Assumption Agreement, each Accession Agreement and each LC Document, collectively, and all other related agreements and documents issued or delivered hereunder
or thereunder or pursuant hereto or thereto, in each case as the same may be amended, modified or supplemented from time to time. 

“Finance Parties” means each Lender, each Derivatives Creditor, each Agent and each Indemnitee and their respective
successors and assigns. 
 “Finance Obligations” means, at any date, (i) all Senior Obligations
(ii) all Derivatives Obligations of a Credit Party permitted hereunder owed or owing to any Derivatives Creditor and (iii) all Banking Product Obligations permitted hereunder. 

“Financial Asset” has the meaning set forth in Article 8 of the UCC. 

“Flood Certificate” means a “Standard Flood Hazard Determination Form” of the Federal Emergency Management
Agency and any successor Governmental Authority performing a similar function. 
 “Flood Program” means the
National Flood Insurance Program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of 1973, the National Flood Insurance Reform Act of 1994 and the Flood Insurance Reform Act of
2004, in each case as amended from time to time, and any successor statutes. 
 “Flood Zone” means areas having
special flood hazards as described in the National Flood Insurance Act of 1968, as amended from time to time, and any successor statute. 

“Foreign Pension Plan” means any plan, fund (including any superannuation fund) or other similar program established or
maintained or formerly established or maintained outside the United States by any Group Company primarily for the benefit of employees of any Group Company residing outside the United States, which plan, fund or other similar program provides or
provided, or results or resulted in, retirement income, a deferral of income in contemplation of retirement or payments to be made upon termination of employment, and which plan is not subject to ERISA or the Code. 

“Foreign Subsidiary” means with respect to any Person any Subsidiary of such Person that is not a Domestic Subsidiary of
such Person. 
 “Funded Debt” means, with respect to any Person, all Debt (including current maturities) of
such Person (including, in respect of the Credit Parties, the Senior Obligations) that by its terms matures more than one year after the date of its creation or matures within one year from such date but is renewable or extendible, at the option of
such Person, to a date more than one year after such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year after such date. 

“GAAP” means at any time generally accepted accounting principles as then in effect in the United States, applied on a
basis consistent (except for changes with which Holdings’ independent public accountants have concurred) with the most recent audited consolidated financial statements of Holdings and its Consolidated Subsidiaries previously delivered to the
Lenders. 
  

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 “Government Acts” has the meaning set forth in
Section 2.05(k)(i). 
 “Governmental Authority” means any federal, state, local, provincial or
foreign government, authority, agency, central bank, quasi-governmental or regulatory authority, court or other body or entity, and any arbitrator with authority to bind a party at law. 

“Group Company” means any of OH Holdings, Holdings, Intermediate Holdings, HGI or their respective Subsidiaries
(regardless of whether or not consolidated with OH Holdings or the Borrower for purposes of GAAP), and “Group Companies” means all of them, collectively. 

“Guarantor” means each of OH Holdings and each Subsidiary Guarantor. 

“Guaranty” means the Guaranty dated as of the Closing Date by OH Holdings, Holdings, Intermediate Holdings, HGI and the
Subsidiary Guarantors in favor of the Administrative Agent, as amended, modified or supplemented from time to time. 

“Guaranty Obligation” means, with respect to any Person, without duplication, any obligation (other than endorsements in
the ordinary course of business of negotiable instruments for deposit or collection) guarantying, intended to guaranty, or having the economic effect of guarantying, any Debt or other obligation of any other Person in any manner, whether direct or
indirect, and including any obligation, whether or not contingent, (i) to purchase any such Debt or other obligation or any property constituting security therefor, (ii) to advance or provide funds or other support for the payment or
purchase of such indebtedness or obligation or to maintain working capital, solvency or other balance sheet condition of such other Person (including maintenance agreements, comfort letters, take or pay arrangements, put agreements or similar
agreements or arrangements) for the benefit of the holder of Debt or other obligation of such other Person, (iii) to lease or purchase property, securities or services primarily for the purpose of assuring the owner of such Debt or other
obligation or (iv) to otherwise assure or hold harmless the owner of such Debt or obligation against loss in respect thereof, it being understood and agreed that indemnification and similar reimbursement obligations entered into in the ordinary
course of business in favor of the obligor on any such Debt or other obligation which are not enforceable by any holder of such Debt or other obligation and which do not otherwise constitute Debt hereunder shall not be deemed to constitute Guaranty
Obligations for purposes of this Agreement and the other Finance Documents. The amount of any Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be deemed to be an amount equal to the lesser of the outstanding
principal amount or maximum principal amount of the Debt or other obligation in respect of which such Guaranty Obligation is made. 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic materials,
substances, wastes or other pollutants, or environmental contaminants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other
materials, substances or wastes of any nature regulated pursuant to any Environment Law. 
 “HGI” has the
meaning set forth in the Preamble. 
 “Holdings” has the meaning set forth in the Preamble. 

“Increased Amount Date” has the meaning set forth in Section 2.15(a). 

“Indemnified Liabilities” has the meaning set forth in Section 10.05. 

“Indemnitee” has the meaning set forth in Section 10.05. 

 

 - 22 - 

 “Insignificant Subsidiaries” means (i) as of the Closing Date, the
Subsidiaries of Holdings listed on Schedule 1.01F hereto and, thereafter, (ii) any Subsidiary of OH Holdings which is formed or acquired after the Closing Date and designated as such by the Borrower; provided, however, that
no Subsidiary of OH Holdings may (including those listed on Schedule 1.01F hereto) remain, or be designated, as an Insignificant Subsidiary if the assets of such Subsidiary, when taken together with all assets of all other Insignificant
Subsidiaries at such time, exceed the lesser of (i) 3% of Consolidated Total Assets or (ii) $7,500,000 in asset value. 

“Insurance Proceeds” means all insurance proceeds (other than business interruption insurance proceeds), damages,
awards, claims and rights of action with respect to any Casualty. 
 “Intellectual Property” means (i) all
Patents, Trademarks, Copyrights, Software, Licenses, rights in intellectual property, goodwill, trade secrets, confidential or proprietary technical and business information, know-how, show-how, domain names, mask works, customer lists, vendor
lists, subscription lists, data bases and related documentation, registrations, franchises and all other intellectual property rights, (ii) all rights to income, royalties, damages and payments now or hereafter due or payable with respect to
any of the foregoing, including damages and payments for past, present or future infringements, dilutions, misappropriations, or other violations thereof, and (iii) all other rights of any kind accruing thereunder or pertaining thereto
throughout the world. 
 “Intercompany Note” means a promissory note contemplated by
Section 7.06(a)(ix), substantially in the form of Exhibit G hereto, and “Intercompany Notes” means any two or more of them. 

“Interest Coverage Ratio” means for any period the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash
Interest Expense for such period, provided however, that all cash interest payments that were paid under the Junior Debentures during any such period (including cash payments of interest accruing in prior periods) shall be excluded from
Consolidated Cash Interest Expense for the purpose of calculating the Interest Coverage Ratio. 
 “Interest Payment
Date” means (i) as to Base Rate Loans, the last day of each March, June, September and December and the Maturity Date for such Loans and (ii) as to Eurodollar Loans, the last day of each applicable Interest Period and the Maturity
Date for such Loans, and in addition where the applicable Interest Period for a Eurodollar Loan is greater than three months, then also the date three months from the beginning of the Interest Period and each three months thereafter unless a Default
or Event of Default is then in existence, in which case, such dates shall be the date one month from the beginning of the Interest Period and each month thereafter. 

“Interest Period” means with respect to each Eurodollar Loan, a period commencing on the date of borrowing specified in
the applicable Notice of Borrowing or on the date specified in the applicable Notice of Extension/Conversion and ending one, two, three, six or, if available to all of the Lenders, and such Lenders give their prior written consent, nine or twelve
months thereafter, as the Borrower may elect in the applicable notice; provided that: 

(i)    any Interest Period which would otherwise end on a day which is not a Business Day shall,
subject to clause (v) below, be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day; 

(ii)    any Interest Period which begins on the last Business Day of a calendar month (or on a day for
which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of a calendar month; 

 

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 (iii)    no Interest Period in respect of Term Loans may
be selected which extends beyond a Principal Amortization Payment Date for such Loans unless, after giving effect to the selection of such Interest Period, the aggregate principal amount of Term Loans which are comprised of Base Rate Loans together
with such Term Loans comprised of Eurodollar Loans with Interest Periods expiring on or prior to such Principal Amortization Payment Date are at least equal to the aggregate principal amount of Term Loans due on such date; 

(iv)    with respect to Revolving Loans and Term Loans, no Interest Period in excess of one month may
be elected at any time when a Default or an Event of Default is then in existence; and 

(v)    no Interest Period shall be elected which would end after the Maturity Date for such Loans.

 “Interest Rate Determination Date” means, with respect to any Interest Period, the date that is two
(2) Business Days prior to the first day of such Interest Period. 
 “Intermediate Holdings” has the
meaning set forth in the Preamble. 
 “Investment” in any Person means (i) the acquisition (whether for
cash, property, services, assumption of Debt, securities or otherwise) of assets, shares of Capital Stock, bonds, notes, debentures, time deposits or other securities of such Person, (ii) any deposit with, or advance, loan or other extension of
credit to or for the benefit of such Person (other than deposits made in connection with the purchase of equipment or inventory in the ordinary course of business), (iii) any other capital contribution to or investment in such Person, including
by way of Guaranty Obligations of any Debt or other obligation of such Person, any support for a letter of credit issued on behalf of such Person incurred for the benefit of such Person or any release, cancellation, compromise or forgiveness in
whole or in part of any Debt owing by such Person or (iv) any Business Acquisition. The outstanding amount of any Investment shall be deemed to equal the difference of (a) the aggregate initial amount of such Investment less (b) all
returns of principal thereof or capital with respect thereto and all dividends and other distributions of income received in respect thereof and all liabilities expressly assumed by another Person (and with respect to which Holdings and its
Subsidiaries, as applicable, shall have received a novation) in connection with the sale of such Investment. 
 “Issuing
Lender” means (i) Barclays Bank PLC and PNC Bank, National Association, each as an issuer of Letters of Credit (other than Existing Letters of Credit) and their respective successors in such capacity and (ii) PNC Bank, National
Association, as issuer of each Existing Letter of Credit. 
 “Joinder Agreement” means an agreement
substantially in the form of Exhibit O hereto. 
 “Junior Debentures” mean the junior subordinated
debentures issued by Holdings to The Hillman Group Capital Trust (the “Junior Debentures Holders”) pursuant to the Junior Debentures Indenture, as such Junior Debentures may be amended, modified or supplemented from time to time in
accordance with the provisions thereof and the limitations set forth herein. 
 “Junior Debentures Documents”
means the Junior Debentures Indenture, in each case including all exhibits and schedules thereto, and all other agreements, documents and instruments relating to the Junior Debentures, in each case as the same may be amended, modified or
supplemented from time to time in accordance with the provisions thereof and of this Agreement. 
  

 - 24 - 

 “Junior Debentures Indenture” means the indenture dated September 5,
1997 between Holdings (as successor to the original issuer thereunder) and The Bank of New York as the trustee, as such Junior Debentures Indenture may be amended, modified or supplemented from time to time. 

“Law” means any international, foreign, Federal, state or local statute, treaty, rule, guideline, regulation, ordinance,
code, or administrative or judicial precedent or authority, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and all applicable
administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law. 

“LC Cash Collateral Account” has the meaning set forth in the Security Agreement. 

“LC Commitment” means the commitment of the Issuing Lender to issue Letters of Credit in an aggregate face amount at any
one time outstanding (together with the amounts of any unreimbursed drawings thereon) of up to the LC Committed Amount. 

“LC Committed Amount” has the meaning set forth in Section 2.05(b). 

“LC Disbursements” means a payment or disbursement made by the Issuing Lender pursuant to a Letter of Credit in
accordance with this Agreement. 
 “LC Documents” means, with respect to any Letter of Credit, such Letter of
Credit, any amendments thereto, any documents delivered in connection therewith, any application therefor and any agreements, instruments, guaranties or other documents (whether general in application or applicable only to such Letter of Credit)
governing or providing for (i) the rights and obligations of the parties concerned or at risk or (ii) any collateral security for such obligations. 

“LC Exposure” means, at any time, the sum of (i) the aggregate undrawn amount of all outstanding Letters of Credit
at such time plus (ii) the aggregate amount of all LC disbursements relating to Letters of Credit that have not yet been reimbursed by or on behalf of the Borrower at such time. The LC Exposure of any Revolving Lender at any time shall be its
pro rata percentage of the total LC Exposure at such time. 
 “LC Obligations” means at any time the maximum
amount which is, or at any time thereafter may become, available to be drawn under Letters of Credit assuming compliance with all requirements for drawings referred to in such Letters of Credit plus, without duplication the aggregate amount of all
LC Disbursements not yet reimbursed by the Borrower in respect of drawings under Letters of Credit, including any portion of any such obligation to which a Lender has become subrogated pursuant to Section 2.05. 

“Lead Arrangers” means Barclays Capital, the investment banking division of Barclays Bank PLC and Morgan Stanley Senior
Funding, Inc., in their capacities as joint lead arrangers. 
 “Leaseholds” means with respect to any Person
all of the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures. 

“Lender” means each bank or other lending institution listed in the Register, each Eligible Assignee that becomes a
Lender pursuant to Section 10.06(b) and their respective successors and shall include, as the context may require, the Swingline Lender in such capacity and the Issuing Lender in such capacity. 

 

 - 25 - 

 “Letter of Credit” means any Existing Letter of Credit and any letter of
credit issued hereunder by the Issuing Lender at any time on or after the Closing Date. 
 “Letter of Credit
Fee” means the fees charged under Section 2.11(b)(i). 
 “Letter of Credit Request” has the
meaning set forth in Section 2.05(c). 
 “License” means any Patent License, Trademark License,
Copyright License Software License or other license or sub-license of rights in Intellectual Property, or any other agreement providing for a covenant not to sue for infringement, misappropriation, dilution or other violation of any Intellectual
Property. 
 “Lien” means, with respect to any asset, any mortgage, pledge, hypothecation, assignment, deposit
arrangement, lien (statutory or other) or other security interest or preferential arrangement of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any financing lease having substantially the same
economic effect as any of the foregoing, and the filing of any financing statement under the Uniform Commercial Code or comparable Laws of any jurisdiction). Solely for the avoidance of doubt, neither the filing of a Uniform Commercial Code
financing statement that is a protective lease filing in respect of an operating lease that does not constitute a security interest in the leased property or otherwise give rise to a Lien nor the filing of a Uniform Commercial Code financing
statement in respect of consigned goods that does not constitute a security interest in the consigned goods or otherwise give rise to a Lien shall constitute a Lien solely on account of being filed in a public office. 

“Limited Recourse Debt” means with respect to any Person, Debt to the extent: (i) such Person (A) provides no
credit support of any kind (including any undertaking, agreement or instrument that would constitute Debt), (B) is not directly or indirectly liable as a guarantor or otherwise or (C) does not constitute the lender; and (ii) no
default with respect thereto would permit upon notice, lapse of time or both any holder of any other Debt (other than the Loans or the Notes) of such Person to declare a default on such other Debt or cause the payment thereof to be accelerated or
payable prior to its stated maturity. 
 “Loan” means a Revolving Loan, a Term Loan, a New Term Loan or a
Swingline Loan (or a portion of any Revolving Loan, Term Loan, New Term Loan or Swingline Loan), individually or collectively as appropriate; provided that, if any such loan or loans (or portions thereof) are combined or subdivided pursuant
to a Notice of Extension/Conversion, the term “Loan” shall refer to the combined principal amount resulting from such combination or to each of the separate principal amounts resulting from such subdivision, as the case may be.

 “Management Group” means the Persons identified on Schedule 1.01D. 

“Margin Stock” means “margin stock” as such term is defined in Regulation U. 

“Material Adverse Effect” means (A) for purposes of the condition precedent in Section 4.01(q) and the
representation and warranty in Section 5.08 (but only to the extent such representation and warranty is made on the Closing Date), any event, occurrence, circumstance, development, condition, fact, change or effect has had, or would reasonably
be expected to have, either individually or in the aggregate, a material adverse effect on the assets, liabilities, financial condition or results of operations of Holdings and its subsidiaries, taken as a whole, or that materially impairs the
ability of Holdings to consummate the transactions contemplated by the Acquisition Agreement, but shall exclude any event, occurrence, circumstance, development, condition, fact, change or effect resulting or arising from: (i) any

  

 - 26 - 

 
change in any Laws or GAAP (each as defined in the Acquisition Agreement) or any interpretation thereof, to the extent Holdings is not disproportionately affected thereby relative to other
Persons (as defined in the Acquisition Agreement) in the business in which Holdings operates; (ii) any change in U.S. or global general economic conditions or economic, financial, market or political conditions, including interest rates,
exchange rates, securities or commodity prices, in each case, to the extent Holdings is not disproportionately affected thereby relative to other Persons in the business in which Holdings operates; (iii) any change in the industries or markets
in which Holdings or any of its subsidiaries operates, but only (a) if such changes are not specifically related to Holdings or any subsidiary and (b) to the extent Holdings is not disproportionately affected thereby relative to other
Persons in the business in which Holdings operates; (iv) the entry into, announcement or consummation of the Acquisition Agreement and/or the transactions contemplated thereby; (v) the effect of any natural disaster, war, act of terrorism,
civil unrest or similar event that does not disproportionately impact Holdings relative to other Persons in the business in which Holdings operates; (vi) any action taken or any omission to act by Holdings or any of its subsidiaries, in each
case, with the consent of Holdings and (B) for all other purposes of this Agreement, (i) any material adverse effect upon the business, operations, assets, condition (financial or otherwise) or liabilities (contingent or otherwise) of
Holdings and its Consolidated Subsidiaries, taken as a whole, (ii) a material adverse effect on the ability of a Credit Party to consummate the transactions contemplated hereby to occur on the Closing Date or (iii) a material impairment of
the rights and remedies of the Lenders in the aggregate under any Finance Document. 
 “Maturity Date” means
the Revolving Loan Maturity Date or the Term Loan Maturity Date, as applicable. 
 “Merger Sub” has the meaning
set forth in the Preamble. 
 “Moody’s” means Moody’s Investors Service, Inc., a Delaware
corporation, and its successors or, absent any such successor, such nationally recognized statistical rating organization as the Borrower and the Administrative Agent may select. 

“Mortgage” means in the case of owned real property interests, a mortgage or deed of trust, substantially in the form
of, or otherwise substantially identical in substance to the provisions of, Exhibit F hereto (with such changes as may be reasonably satisfactory to the Collateral Agent to account for local law matters), among any Credit Party, the
Collateral Agent and one or more trustees, as the same may be amended, modified or supplemented from time to time. 

“Mortgage Policies” has the meaning set forth in Section 4.01(k) hereto. 

“Mortgaged Properties” means the real property interests of Holdings and its Subsidiaries described in Schedule
4.01(k) hereto. 
 “Multiemployer Plan” means a “multiemployer plan” as defined in
Section 3(37) or 4001(a)(3) of ERISA. 
 “Net Cash Proceeds” means: 

(i)    with respect to any Asset Disposition, (other than an Asset Disposition consisting of a lease
where one or more Group Companies is acting as lessor, entered into in the ordinary course of business), Casualty or Condemnation, (A) the gross amount of all cash proceeds (including Insurance Proceeds and Condemnation Awards in the case of
any Casualty or Condemnation, except to the extent and for so long as such Insurance Proceeds or Condemnation Awards constitute Reinvestment Funds or unless such Insurance Proceeds or Condemnation

  

 - 27 - 

 
Awards are to be used for repair, restoration or replacement pursuant to plans approved by the Required Lenders) actually paid to or actually received by any Group Company in respect of such
Asset Disposition, Casualty or Condemnation (including any cash proceeds received as income or other proceeds of any noncash proceeds of any Asset Disposition, Casualty or Condemnation as and when received), less (B) the sum of (w) the
amount, if any, of all taxes (other than income taxes) and all income taxes (as estimated in good faith by the applicable financial or accounting officer of Holdings giving effect to the overall tax position of Holdings and its Subsidiaries), and
customary fees, brokerage fees, legal fees, commissions, costs and other expenses (other than those payable to any Group Company or to Affiliates of any Group Company) that are incurred in connection with such Asset Disposition, Casualty or
Condemnation and are payable by any Group Company, but only to the extent not already deducted in arriving at the amount referred to in clause (i)(A) above, (x) all appropriate amounts that must be set aside as a reserve in accordance
with GAAP against any liabilities associated with such Asset Disposition, Casualty or Condemnation, (y) if applicable, the amount of any Debt secured by a Permitted Lien that has been repaid or refinanced in accordance with its terms with the
proceeds of such Asset Disposition, Casualty or Condemnation; and (z) any payments to be made by any Group Company as agreed between such Group Company and the purchaser of any assets subject to an Asset Disposition, Casualty or Condemnation in
connection therewith; and 
 (ii)    with respect to any Equity Issuance or Debt Issuance,
the gross amount of cash proceeds paid to or received by any Group Company in respect of such Equity Issuance or Debt Issuance as the case may be (including cash proceeds subsequently as and when received at any time in respect of such Equity
Issuance or Debt Issuance from non-cash consideration initially received or otherwise), net of underwriting discounts and commissions or placement fees, investment banking fees, legal fees, consulting fees, accounting fees and other customary fees
and expenses incurred by any Group Company in connection therewith (other than those payable to any Group Company or to any Affiliate of any Group Company). 

“New Lender” has the meaning set forth in Section 2.15(b). 

“New Term Loan Commitment” has the meaning set forth in Section 2.15(a). 

“New Term Loans” has the meaning set forth in Section 2.15(a). 

“New Term Loan Commitment Percentage” means, for each New Lender, the percentage obtained by taking the outstanding
principal balance of the New Term Loans held by such New Lender and dividing same by the aggregate outstanding principal balance of the New Term Loans of all Lenders, as such percentage is identified for each Lender as its New Term Commitment
Percentage in the Register, or in the Applicable Assignment and Assumption, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 10.06(b). 

“Non-Renewal Notice Date” has the meaning set forth in Section 2.05(c). 

“Note” means a Revolving Note, a Term Note or a Swingline Note, and “Notes” means any combination of
the foregoing. 
 “Notice of Borrowing” means a request by the Borrower for a Borrowing, substantially in the
form of Exhibit A-1 hereto. 
 “Notice of Extension/Conversion” has the meaning set forth in
Section 2.07(a). 
  

 - 28 - 

 “OH Holdings” has the meaning set forth in the Preamble. 

“Operating Lease” means, as applied to any Person, a lease (including leases which may be terminated by the lessee at
any time) of any property (whether real, personal or mixed) by such Person as lessee which is not a Capital Lease. 

“Other Pro Forma Adjustments” means, with respect to Consolidated EBITDA, additional good faith pro forma adjustments
(as certified by the chief financial officer or treasurer of the Borrower) arising out of cost savings initiatives attributable to the applicable transaction and additional cost savings associated with the combination of the operations of the
applicable acquired or disposed Person or assets with the operations of the Borrower and its Subsidiaries, in each case, being given pro forma effect in accordance with the definition of “Pro Forma Basis”, including (w) reduction in
personnel expenses, (x) reduction of costs related to administrative functions, (y) reductions of costs related to leased or owned properties and (z) reduction of costs from the consolidation of operations and streamlining of
corporate overhead (taking into account, for purposes of determining such compliance, the historical financial statements of the acquired or disposed Person or assets and the consolidated financial statements of the Borrower and its Subsidiaries,
assuming the applicable transaction, and all other transactions that have been occurred during the applicable period and any Debt or other liabilities repaid or incurred in connection therewith had been consummated and incurred or repaid at the
beginning of such period (and assuming that such Debt to be incurred bears interest during any portion of the applicable measurement period prior to the relevant acquisition at the interest rate which is or would be in effect with respect to such
Debt as at the relevant date of determination); provided, that such Other Pro Forma Adjustments shall at no time exceed 5.00% of total Consolidated EBITDA for the last four consecutive fiscal quarters of Holdings and its Consolidated
Subsidiaries for which financial statements have been delivered pursuant to Section 6.01(a) and (b). 

“Other Taxes” has the meaning set forth in Section 3.01(b). 

“Owned Mortgaged Property” and “Owned Mortgaged Properties” have the respective meanings set forth in
Section 4.01(k). 
 “Participation Interest” means a Credit Extension by a Lender by way of a
purchase of a participation interest in LC Obligations as provided in Section 2.05(e), in Swingline Loans as provided in Section 2.01(c)(vi) or in any Loans as provided in Section 2.13. 

“Patent” means any of the following: (i) all letters patent and design letters patent of the United States or any
other country; (ii) all applications filed or in preparation for filing for letters patent and design letters patent of the United States or any other country including applications in the United States Patent and Trademark Office or in any
similar office or agency of the United States or any other country or political subdivision thereof; (iii) all reissues, divisions, continuations, continuations-in-part, revisions, renewals or extensions thereof; (iv) all claims for, and
rights to sue for, past, present or future infringement of any of the foregoing; (v) all rights to income, royalties, damages and payments now or hereafter due or payable with respect to any of the foregoing, including damages and payments for
past, present or future infringements thereof and payments and damages under all Patent Licenses in connection therewith; and (vi) all rights corresponding to any of the foregoing whether arising under the laws of the United States or any
foreign country or otherwise. 
 “Patent License” means any agreement now or hereafter in existence granting to
any Credit Party any right, whether exclusive or non-exclusive, with respect to any Person’s patent or any invention now or hereafter in existence, whether or not patentable, or pursuant to which any Credit Party has granted to any other
Person, any right, whether exclusive or non-exclusive, with respect to any Patent or any invention now or hereafter in existence, whether or not patentable and whether or not a Patent or application for Patent is in or hereafter comes into existence
on such invention. 
  

 - 29 - 

 “PBGC” means the Pension Benefit Guaranty Corporation established pursuant
to Subtitle A of Title IV of ERISA or any entity succeeding to any or all of its functions under ERISA. 
 “Perfection
Certificate” means a certificate, substantially in the form of Exhibit E to this Agreement, completed and supplemented with the schedules and attachments contemplated thereby and duly executed by a Responsible Officer of such Credit
Party. 
 “Permit” means any license, permit, franchise, right or privilege, certificate of authority or order,
or any waiver of the foregoing, issued or issuable by any Governmental Authority. 
 “Permitted Business
Acquisition” means a Business Acquisition; provided that: 
 (i)    the Equity
Interests or property or assets acquired in such acquisition relate to a line of business similar to the business of the Borrower or any of its Subsidiaries engaged in on the Closing Date or reasonably related or ancillary or complimentary thereto;

 (ii)    the representations and warranties made by the Credit Parties in each Finance
Document shall be true and correct in all material respects at and as of the date of such acquisition (as if made on such date after giving effect to such acquisition), except to the extent such representations and warranties expressly relate to an
earlier date (in which case such representations and warranties shall be true and correct in all material respects at and as of such earlier date); 

(iii)    the Administrative Agent or the Collateral Agent, as applicable, shall have received all
items in respect of the Equity Interests or property or assets acquired in such acquisition (and/or the seller thereof) required to be delivered by Section 6.10; 

(iv)    in the case of an acquisition of the Equity Interests of another Person, (A) except in
the case of the incorporation of a new Subsidiary, the board of directors (or other comparable governing body) of such other Person shall have duly approved such acquisition and (B) the Equity Interests so acquired shall constitute 100% of the
total Equity Interests of the issuer thereof (it being understood that, subject to the limitations set forth in Section 7.06(a)(x) and other provisions of this Agreement, the foregoing restriction shall not prohibit the acquisition of a
Person which itself has non-Wholly-Owned Subsidiaries); 
 (v)    no Default or Event of
Default shall have occurred and be continuing immediately before or immediately after giving effect to such acquisition, and Holdings shall have delivered to the Administrative Agent a Pro-Forma Compliance Certificate demonstrating that, upon giving
effect to such acquisition on a Pro-Forma Basis, (A) Holdings shall be in compliance with all of the financial covenants set forth in Section 7.16 hereof as of the last day of the most recent period of four consecutive fiscal
quarters of Holdings which precedes or ends on the date of such acquisition and with respect to which the Administrative Agent has received the consolidated financial information required under Section 6.01(a) and (b) and the
certificate required by Section 6.01(c), (B) the following tests shall be met: 

(1)    Total Leverage Ratio. The Total Leverage Ratio as of the last day of the most recently ended
fiscal quarter of Holdings and its Consolidated Subsidiaries ending on the last day of any calendar quarter ending during any period 

 

 - 30 - 

 
described below, in each case for the period of four consecutive fiscal quarters of Holdings and its Consolidated Subsidiaries then ended, taken as a single accounting period, may not be greater
than the ratio set forth below opposite the period during which such fiscal quarter ends: 
  

			
	Fiscal Quarters Ended During	 	Ratio
	
7/1/10 through 12/31/10
	 	6.50:1.00
	
1/1/11 through 3/31/11
	 	6.25:1.00
	
4/1/11 through 12/31/11
	 	6.00:1.00
	
1/1/12 through 3/31/12
	 	5.75:1.00
	
4/1/12 through 12/31/12
	 	5.50:1.00
	
1/1/13 through 3/31/13
	 	5.25:1.00
	
4/1/13 through 6/30/13
	 	5.00:1.00
	
7/1/13 through 12/31/13
	 	4.75:1.00
	
Thereafter
	 	4.25:1.00

(2)    Interest Coverage Ratio.    The Interest Coverage Ratio as of the last day
of the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries ending on the last day of any calendar quarter ending during any period described below, in each case for the period of four consecutive fiscal quarters of
Holdings and its Consolidated Subsidiaries then ended, taken as a single accounting period, may not be less than the ratio set forth below opposite the period during which such fiscal quarter ends: 

 

			
	Fiscal Quarters Ended During	 	Ratio
	
7/1/10 through 12/31/12
	 	2.25:1.00
	
1/1/13 through 3/31/14
	 	2.50:1.00
	
Thereafter
	 	2.75:1.00

(3)    Secured Leverage Ratio.    The Secured Leverage Ratio as of the last day of
the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries ending on the last day of any calendar quarter ending during any period described below, in each case for the period of four consecutive fiscal quarters of Holdings
and its Consolidated Subsidiaries then ended, taken as a single accounting period, may not be greater than the ratio set forth below opposite the period during which such fiscal quarter ends: 

 

			
	Fiscal Quarters Ended During	 	Ratio
	
7/1/10 through 9/30/10
	 	4.25:1.00
	
10/1/10 through 3/31/11
	 	4.00:1.00
	
4/1/11 through 9/30/11
	 	3.75:1.00
	
10/1/11 through 6/30/12
	 	3.50:1.00
	
7/1/12 through 12/31/12
	 	3.25:1.00
	
1/1/13 through 3/31/13
	 	3.00:1.00
	
Thereafter
	 	2.75:1.00

(vi)    after giving effect to such acquisition, the Revolving Committed Amount plus the aggregate
amount of all cash and Cash Equivalents of the Credit Parties not subject to Liens (other than Liens in favor of the Collateral Agent and Liens permitted under Section 7.02(xv)) shall be at least $7,500,000 greater than the aggregate
Revolving Outstandings; and 
  

 - 31 - 

 (vii)    the aggregate consideration (including cash,
earn-out payments (to the extent required to be reserved for under GAAP), assumption and/or incurrence of Debt, Debt Equivalents and non-cash consideration for all such Business Acquisitions occurring after the Closing Date but excluding Qualified
Equity Interests) shall not exceed $150,000,000; provided that any incurrence of Debt in connection with such acquisitions shall be permitted under Section 7.01(iv), (xi) or (xvii) and any assumption of Debt in
connection with such acquisitions shall be permitted under Section 7.01(iv). 
 “Permitted
Encumbrances” means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed as exceptions in the Mortgage Policies in respect thereof (or under which the Collateral Agent has received
affirmative coverage with respect thereto), (ii) zoning restrictions, building codes, land use and other similar laws and municipal ordinances, (iii) such other items to which the Collateral Agent may consent (such consent not to be
unreasonably withheld) and (iv) encumbrances, easements, rights of way, licenses, reservations, covenants, conditions, waivers, restrictions, encroachments and other survey defects and other matters affecting title to any Mortgaged Property
that would not result in a Material Adverse Effect. 
 “Permitted Joint Venture” means a joint venture, in the
form of a corporation, limited liability company, business trust, joint venture, association, company or partnership, entered into by the Borrower or any of its Subsidiaries which (i) is engaged in a line of business related, ancillary or
complementary to those engaged in by the Borrower and its Subsidiaries and (ii) is formed or organized in a manner that limits the exposure of the Borrower and its Subsidiaries for the liabilities thereof to (A) the Investments of the
Borrower and its Subsidiaries therein permitted under Section 7.06(a)(xvii) and (B) any Debt of any Permitted Joint Venture or any Guaranty Obligations by the Borrower or any of its Subsidiaries in respect of such Debt, which Debt
or Guaranty Obligations are permitted at the time under Section 7.01. 
 “Permitted Investors”
means the collective reference to the Sponsor and the Management Group. 
 “Permitted Liens” has the meaning
set forth in Section 7.02. 
 “Person” means an individual, a corporation, a partnership, an
association, a limited liability company, a trust or an unincorporated association or any other entity or organization, including a government or political subdivision or an agency or instrumentality thereof. 

“Plan” means an employee pension benefit plan which is covered by Title IV of ERISA or subject to the minimum funding
standards under Sections 412 or 430 of the Code maintained or formerly maintained by or contributed or formerly contributed to by any Group Company or any ERISA Affiliate, including a Multiemployer Plan. 

“Pledge Agreement” means the Pledge Agreement dated as of the Closing Date among OH Holdings, Holdings, Intermediate
Holdings, the Borrower, the Subsidiary Guarantors and the Collateral Agent, as amended, supplemented or modified from time to time. 

“Pledged Collateral” means the “Collateral” as defined in the Pledge Agreement. 

 

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 “Preferred Stock” means, as applied to the Equity Interests of a Person,
Equity Interests of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over
the Equity Interests of any other class of such Person. 
 “Prepayment Account” has the meaning set forth in
Section 2.09(b)(vii). 
 “Prime Rate” means, for any day, a rate per annum equal to the rate last
quoted by The Wall Street Journal as the “Prime Rate” in the United States or, if The Wall Street Journal ceases to quote such rate, the highest per annum interest rate published by the Federal Reserve Board in Federal
Reserve Statistical Release H.15 (519) (Selected Interest Rates) as the “bank prime loan” rate or, if such rate is no longer quoted therein, any similar rate quoted therein or any similar release by the Federal Reserve Board.

 “Principal Amortization Payment” means a scheduled principal payment on the Term Loan pursuant to
Section 2.08(b). 
 “Principal Amortization Payment Date” means the last Business Day of each
calendar quarter, commencing with the first such date occurring at least three months after the Closing Date and ending on the Term Loan Maturity Date. 

“Pro-Forma Basis” means, for purposes of calculating compliance of any transaction with any provision hereof, that the
transaction in question shall be deemed to have occurred as of the first day of the most recent period of four consecutive fiscal quarters of Holdings which precedes or ends on the date of such transaction and with respect to which the
Administrative Agent has received the financial information for Holdings and its Consolidated Subsidiaries required under Section 6.01(a) and (b), as applicable, and the certificate required by Section 6.01(c) for such
period. As used in this definition, “transaction” means (i) any incurrence or assumption by a Group Company of Attributable Debt in respect of a Sale/Leaseback Transaction under Section 7.13, (ii) any Permitted
Business Acquisition referred to in Section 7.06(a)(xiii) or in clause (v) of the definition of “Permitted Business Acquisition” set forth in Section 1.01, (iii) any Asset Disposition referred to in
Section 7.05(xiv), or (iv) any computation of Consolidated EBITDA under the circumstances contemplated by the second sentence of the definition thereof. In connection with any calculation of the financial covenants set forth in
Section 7.16 upon giving effect to a transaction on a “Pro-Forma Basis”, (i) any Debt incurred or any Equity Interests issued, and any related repayment of Debt, by OH Holdings or any of its Subsidiaries in connection with
such transaction (or any other transaction which occurred during the relevant four fiscal quarter period) shall be deemed to have been incurred as of the first day of the relevant four fiscal-quarter period, (ii) if such Debt has a floating or
formula rate, then the rate of interest for such Debt for the applicable period for purposes of the calculations contemplated by this definition shall be determined by utilizing the rate which is or would be in effect with respect to such Debt as at
the relevant date of such calculations, (iii) income statement items (whether positive or negative) attributable to all property acquired in such transaction or to the Investment comprising such transaction, as applicable, shall be included as
if such transaction has occurred as of the first day of the relevant four-fiscal-quarter period, (iv) such other pro forma adjustments which would be permitted or required by Regulation S-X or S-K under the Securities Act shall be taken into
account, and (v) Other Pro Forma Adjustments. 
 “Pro-Forma Compliance Certificate” means a certificate of
the chief financial officer or chief accounting officer of Holdings delivered to the Administrative Agent in connection with any “transaction” as defined in the definition of “Pro-Forma Basis” and containing reasonably
detailed calculations, upon giving effect to the applicable transaction on a Pro-Forma Basis, of the Interest Coverage Ratio, Secured Leverage Ratio and the Total Leverage Ratio as of the last day of the most recent period of four consecutive fiscal
quarters of Holdings which precedes or ends on the date of the 
  

 - 33 - 

 
applicable transaction and with respect to which the Administrative Agent shall have received the consolidated financial information for Holdings and its Consolidated Subsidiaries required under
Section 6.01(a) or (b), as applicable, and the certificate required by Section 6.01(c) for such period. 

“Purchase Money Debt” means Debt of OH Holdings or any of its Subsidiaries incurred for the purpose of financing all or
any part of the purchase price or cost of construction or improvement of property used in the business of OH Holdings or such Subsidiary; provided that such Debt is incurred within 365 days after such property is acquired or, in the case of
improvements, constructed. 
 “Qualified Equity Interests” any Equity Interest that is not a Debt Equivalent.

 “Qualifying Equity Issuance” means (i) any Equity Issuance by OH Holdings, to, or any receipt by OH
Holdings of a capital contribution from Permitted Investors and any other Person holding Equity Interests, directly or indirectly, of OH Holdings, on the Closing Date and any subsequent holders of preemptive rights in respect of Equity Interests of
OH Holdings, the Net Cash Proceeds of which are contributed immediately, directly or indirectly, to the common equity of the Borrower, (ii) grants of stock of OH Holdings or options to acquire stock of OH Holdings to the management of Holdings
and its Subsidiaries and (iii) the issuance by OH Holdings, for cash of its common Equity Interests to the Sponsor or any other Person if: (A) 100% of the proceeds of such issuance shall be immediately contributed, directly or indirectly,
by OH Holdings, to the Borrower; (B) after giving effect thereto, no Change of Control shall have occurred; (C) such stock shall be issued in a private placement exempt from registration under the Securities Act; (D) the proceeds
thereof shall be used (without duplication) only (w) to make Consolidated Capital Expenditures, (x) to make Investments in Foreign Subsidiaries and non-Wholly-Owned Domestic Subsidiaries pursuant to Section 7.06(a)(x), Permitted
Business Acquisitions pursuant to Section 7.06(a)(xiv), Investments in Permitted Joint Ventures pursuant to Section 7.06(a)(xviii) and other Investments pursuant to Section 7.06(a)(xxii), (y) to repay Debt of
the Borrower and its Subsidiaries or (z) to make Restricted Payments pursuant to Section 7.07(viii), and in any event the proceeds thereof shall not be used to repay any Subordinated Debt or to make any Restricted Payment other than
Restricted Payments expressly permitted pursuant to Section 7.07(viii); (E) within five Business Days after such issuance, OH Holdings shall have delivered to the Administrative Agent a certificate of the chief financial officer or
chief accounting officer of OH Holdings (in each case) attesting to the satisfaction of the foregoing conditions, describing the uses of the proceeds of such issuance and attesting that such use shall not constitute a Default or an Event of Default;
and (F) such proceeds shall be used within 30 days after such issuance as described in such certificate. 
 “Real
Property” means, with respect to any Person, all of the right, title and interest of such Person in and to land, improvements and fixtures, including Leaseholds. 

“Refinanced Agreements” means those instruments, documents and agreements listed on Schedule 1.01C. 

“Refunded Swingline Loan” has the meaning set forth in Section 2.01(c). 

“Register” has the meaning set forth in Section 10.06(d). 

“Regulation D, T, U or X” means Regulation D, T, U or X, respectively, of the Board of Governors of the Federal Reserve
System as amended, or any successor regulation. 
 “Regulation S-X” means Regulation S-X under the Securities
Act, as amended, or any successor regulation. 
  

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 “Reinvestment Funds” means, with respect to any Insurance Proceeds or any
Condemnation Award, that portion of such funds as shall, according to a certificate of a Responsible Officer of Holdings delivered to the Administrative Agent within 30 days after an executive officer of Holdings becoming aware of the occurrence of
the Casualty or Condemnation giving rise thereto, be reinvested or contractually committed to be reinvested within one year after the date of receipt of such Insurance Proceeds or Condemnation Award in the repair, restoration or replacement of the
properties that were the subject of such Casualty or Condemnation or in other tangible assets of a like nature used or useful in the ordinary course of business of the Borrower and its Subsidiaries; provided that such certificate shall be
accompanied by evidence reasonably satisfactory to the Administrative Agent that any property subject to such Casualty or Condemnation has been or will be repaired, restored or replaced to, or better than, its condition immediately prior to such
Casualty or Condemnation, or that such Insurance Proceeds or Condemnation Awards have otherwise been reinvested in tangible assets of a like nature used or useful in the ordinary course of business of Holdings and its Subsidiaries, (iii) at the
request of the Collateral Agent or the Administrative Agent, pending such reinvestment in the case of Insurance Proceeds or Condemnation Awards in excess of $5,000,000, the entire amount of such proceeds shall either be used to repay Revolving Loans
or be deposited in an Approved Deposit Account and (iv) from and after the date of delivery of such certificate, Holdings or one or more of its Subsidiaries shall diligently proceed, in a commercially reasonable manner, to complete the repair,
restoration or replacement of the properties that were the subject of such Casualty or Condemnation or otherwise reinvest such Insurance Proceeds or Condemnation Awards as described in such certificate; and provided, further, that, if
any of the foregoing conditions shall cease to be satisfied at any time, such funds shall no longer be deemed Reinvestment Funds and such funds shall immediately be applied to prepayment of the Loans in accordance with Section 2.09(b);
and provided, further, that any funds not so reinvested within such one year period shall immediately be applied to the payment of the Loans in accordance with Section 2.09(b). 

“Replacement Date” has the meaning set forth in Section 2.10(d). 

“Required Lenders” means Lenders (other than Sponsor Affiliated Lenders) whose aggregate Credit Exposure (as hereinafter
defined) constitutes more than 50% of the Credit Exposure of all Lenders (other than Sponsor Affiliated Lenders) at such time; provided, however, that if any Lender shall be a Defaulting Lender at such time then there shall be
excluded from the determination of Required Lenders such Lender and the aggregate principal amount of Credit Exposure of such Lender at such time. For purposes of the preceding sentence, the term “Credit Exposure” as applied to each
Lender shall mean (i) at any time prior to the termination of the Commitments, the sum of (A) the Revolving Commitment Percentage of such Lender multiplied by the Revolving Committed Amount plus (B) the Term Commitment Percentage of
such Lender multiplied by the aggregate principal amount of the Term Loans outstanding at such time (other than Term Loans held by Sponsor Affiliated Lenders) plus (C) the New Term Loan Commitment Percentage of such Lender multiplied by the
aggregate principal amount of the New Term Loans (other than New Term Loans held by Sponsor Affiliated Lenders), and (ii) at any time after the termination of the Commitments, the sum of (A) the aggregate amount of the outstanding Loans of
such Lender plus (B) such Lender’s Participation Interests in all LC Obligations and Swingline Loans. 

“Required Revolving Lenders” means Lenders whose aggregate Revolving Credit Exposure (as hereinafter defined)
constitutes more than 50% of the Revolving Credit Exposure of all Lenders at such time; provided, however, that if any Lender shall be a Defaulting Lender at such time then there shall be excluded from the determination of Required
Revolving Lenders such Lender and the aggregate principal amount of Revolving Credit Exposure of such Lender at such time. For purposes of the preceding sentence, the term “Revolving Credit Exposure” as applied to each Lender shall
mean (i) at any time prior to the termination of the Revolving Commitments, the Revolving Commitment Percentage of such Lender multiplied by the Revolving Committed Amount, and (ii) at any time after the termination of the Revolving
Commitments, the sum of (A) the principal balance of the outstanding Revolving Loans of such Lender plus (B) such Lender’s Participation Interests in all LC Obligations. 

 

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 “Responsible Officer” means the chief executive officer, president, senior
vice president, vice president, chief financial officer, treasurer or assistant treasurer, secretary or assistant secretary of a Credit Party. Any document delivered hereunder that is signed by a Responsible Officer of a Credit Party shall be
conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Credit Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Credit Party.

 “Restricted Payment” means (i) any dividend or other distribution, direct or indirect, on account of
any class of Equity Interests or Equity Equivalents of any Group Company, now or hereafter outstanding, (ii) any redemption, retirement, sinking fund or similar payment, purchase or other acquisition for value, direct or indirect, of any class
of Equity Interests or Equity Equivalents of any Group Company, now or hereafter outstanding, (iii) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire any class of Equity
Interests or Equity Equivalents of any Group Company, now or hereafter outstanding, (iv) management or similar fees payable by any Group Company to the Sponsor or any of its Affiliates and (v) any payment or prepayment of principal of,
premium, if any, or interest on, or redemption, purchase, retirement, defeasance (including in substance or legal defeasance) sinking fund or similar payment with respect to, any Subordinated Debt. 

“Revolving Borrowing” means a Borrowing comprised of Revolving Loans and identified as such in the Notice of Borrowing
with respect thereto. 
 “Revolving Commitment” means, with respect to any Lender, the commitment of such
Lender, in an aggregate principal amount at any time outstanding of up to such Lender’s Revolving Commitment Percentage of the Revolving Committed Amount, (i) to make Revolving Loans in accordance with the provisions of
Section 2.01(a), (ii) to purchase Participation Interests in Swingline Loans in accordance with the provisions of Section 2.01(c) and (iii) to purchase Participation Interests in Letters of Credit in accordance with
the provisions of Section 2.05(e). Notwithstanding anything herein to the contrary, Revolving Loans shall be made (and, where applicable hereunder, deemed made), and Participation Interests in Swingline Loans and Letters of Credit
purchased (and, where applicable hereunder, deemed purchased), under Revolving Commitments on a pro rata basis based on the then aggregate amounts thereof, it being agreed to and understood that neither Borrower nor any Revolving Lender shall have
the right to specifically allocate Revolving Loans or purchases of Participation Interests in Swingline Loans and Letters of Credit to a particular subdivision of the Revolving Commitment. 

“Revolving Commitment Percentage” means, for each Lender, the percentage identified as its Revolving Commitment
Percentage in the Register, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 10.06(b). 

“Revolving Committed Amount” means $30,000,000 or such lesser amount to which the Revolving Committed Amount may be
reduced pursuant to Section 2.10. 
 “Revolving Credit Exposure” has the meaning set forth in the
definition of “Required Revolving Lenders” contained in this Section 1.01. 
 “Revolving
Lender” means each Lender identified in the Register as having a Revolving Commitment and each Eligible Assignee which acquires a Revolving Commitment or Revolving Loan pursuant to Section 10.06(b) and their respective
successors. 
  

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 “Revolving Loan” means a Loan made under Section 2.01(a).

 “Revolving Loan Maturity Date” means the earlier of (i) the fifth anniversary of the Closing Date or
(ii) the date upon which the Revolving Commitments shall have been terminated in their entirety in accordance with this Agreement. 

“Revolving Note” means a promissory note substantially in the form of Exhibit B-1 hereto evidencing the
obligation of the Borrower to repay outstanding Revolving Loans, as such note may be amended, supplemented, extended, renewed or replaced from time to time. 

“Revolving Outstandings” means at any date the aggregate outstanding principal amount of all Revolving Loans and
Swingline Loans plus the aggregate outstanding amount of all LC Obligations. 
 “S&P” means
Standard & Poor’s Ratings Group, a division of McGraw Hill, Inc., a New York corporation, and its successor or, absent any such successor, such nationally recognized statistical rating organization as the Borrower and the
Administrative Agent may select. 
 “Sale/Leaseback Transaction” means any direct or indirect arrangement with
any Person or to which any such Person is a party providing for the leasing to OH Holdings or any of its Subsidiaries of any property, whether owned by OH Holdings or any of its Subsidiaries as of the Closing Date or later acquired, which has been
or is to be sold or transferred by OH Holdings or any of its Subsidiaries to such Person or to any other Person from whom funds have been, or are to be, advanced by such Person on the security of such property. 

“Secured Leverage Ratio” means for any period the ratio of (a) the Consolidated Total Debt of Holdings and its
Subsidiaries on the date of determination that is secured by a Lien on any property of Holdings and/or any of its Subsidiaries to (b) Consolidated EBITDA of Holdings and its Consolidated Subsidiaries for the most recently ended four fiscal
quarters ending immediately prior to such date for which financial statements have been delivered pursuant to Section 6.01. 

“Securities Account” has the meaning set forth in the Security Agreement. 

“Securities Account Control Agreement” has the meaning set forth in the Security Agreement. 

“Securities Act” means the Securities Act of 1933, as amended, and the rules and regulations promulgated thereunder.

 “Security Agreement” means the Guarantee and Collateral Agreement dated as of the Closing Date among OH
Holdings, Holdings, Intermediate Holdings, the Borrower, the other Subsidiary Guarantors and the Collateral Agent, as amended, modified or supplemented from time to time. 

“Senior Note Documents” means the Senior Notes, the Senior Notes Indenture, the Senior Notes Purchase Agreement and all
other instruments, agreements and other documents evidencing or governing the Senior Notes or providing for any guarantee or other right in respect thereof. 

“Senior Notes” means the 10.875% senior notes of HGI due 2018. 

“Senior Notes Indenture” means the Indenture dated as of May 28, 2010 among HGI, the guarantors party thereto and
Wells Fargo Bank N.A., as trustee. 
  

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 “Senior Notes Purchase Agreement” means the Purchase Agreement dated as of
May 18, 2010 among OHCP HM Merger Sub Corp., HGI, the guarantors party thereto, Barclays Capital Inc. and Morgan Stanley & Co. Incorporated. 

“Senior Obligations” means with respect to each Credit Party, without duplication: 

(i)    in the case of Borrower, all principal of and interest (including any interest which accrues
after the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower, whether or not allowed or allowable as a claim under any bankruptcy or insolvency proceeding) on any Loan made or LC Obligation issued under, or any Note
issued pursuant to, this Agreement or any other Finance Document; 
 (ii)    all fees,
expenses, indemnification obligations, foreign currency exchange obligations and other amounts of whatever nature now or hereafter payable by such Credit Party (including all amounts that accrue after the commencement of any bankruptcy or insolvency
proceeding with respect to such Credit Party, whether or not allowed or allowable as a claim under any bankruptcy or insolvency proceeding) pursuant to this Agreement or any other Finance Document; 

(iii)    all expenses of the Agents as to which one or more of the Agents have a right to
reimbursement by such Credit Party under Section 10.04 of this Agreement or under any other similar provision of any other Finance Document, including any and all sums advanced by the Collateral Agent to preserve the Collateral or
preserve its security interests in the Collateral to the extent permitted hereunder or under any Finance Document; 

(iv)    all amounts paid by any Indemnitee as to which such Indemnitee has the right to reimbursement
by such Credit Party under Section 10.05 of this Agreement or under any other similar provision of any other Finance Document; and 

(v)    in the case of each Subsidiary Guarantor, all amounts now or hereafter payable by such
Subsidiary Guarantor and all other obligations or liabilities now existing or hereafter arising or incurred (including all amounts that accrue after the commencement of any bankruptcy or insolvency proceeding with respect to the Borrower, OH
Holdings or such Subsidiary Guarantor, whether or not allowed or allowable as a claim under any bankruptcy or insolvency proceeding) on the part of such Subsidiary Guarantor pursuant to this Agreement, the Guaranty or any other Finance Document;

 together in each case with all renewals, modifications, consolidations or extensions thereof. 

“Software” means all “software” (as defined in the UCC), and also means and includes all software programs,
whether now or hereafter owned, licensed or leased by a Credit Party, designed for use on Computer Hardware, including all operating system software, utilities and application programs in whatever form and whether or not embedded in goods, all
source code and object code in magnetic tape, disk or hard copy format or any other listings whatsoever, all firmware associated with any of the foregoing all documentation, flowcharts, logic diagrams, manuals, specifications, training materials,
charts and pseudo codes associated with any of the foregoing, and all options, warranties, services contracts, program services, test rights, maintenance rights, support rights, renewal rights and indemnifications relating to any of the foregoing.

 “Software License” means any agreement (including any agreement constituting a Copyright License, Patent
License and/or Trademark License) now or hereafter in existence granting to 
  

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any Credit Party any right, whether exclusive or non-exclusive, to use another Person’s Software, or pursuant to which any Credit Party has granted to any other Person, any right, whether
exclusive or non-exclusive, to use any Software, whether or not subject to any registration. 
 “Solvent”
means, with respect to any Person as of a particular date, that on such date (i) such Person is able generally to pay its debts and other liabilities, contingent obligations and other commitments as they mature in the normal course of business,
(ii) such Person does not intend to, and does not believe that it will, incur debts beyond such Person’s ability to pay as such debts mature, (iii) such Person is not engaged in a business or a transaction, and is not about to engage
in a business or a transaction, for which such Person’s assets would constitute unreasonably small capital after giving due consideration to the prevailing practice in the industry in which such Person is engaged or is to engage, (iv) the
fair value (determined in accordance with the United States Bankruptcy Code) of the assets of such Person is greater than the total amount of liabilities, including probable liabilities, of such Person and (v) the present fair value (i.e., the
amount that may be realized within a commercially reasonable time either through collection or sale at the regular market value, conceiving the latter as the amount that could be obtained for the assets in question within such period by a capable
and diligent businessman from a buyer who is willing to purchase under ordinary selling conditions) of the assets of such Person will exceed the amount that will be required to pay the probable liability on such Person’s existing debts as they
become absolute and matured. For purposes of this definition, “debt” means any legal liability, whether matured, unmatured, liquidated or unliquidated, absolute, fixed or contingent, or (ii) a right to an equitable remedy for breach
of performance if such breach gives rise to a payment, whether or not such right is an equitable remedy, is reduced to judgment, liquidated, unliquidated, fixed, contingent, matured, unmatured, disputed, undisputed, secured or unsecured. 

“Specified Representations” means the representations and warranties set forth in Sections 5.01 (with respect to
jurisdiction of formation only), 5.02, 5.04 (i) and (ii), 5.13, 5.14, 5.17, 5.22 and 5.24. 
 “Sponsor”
means, together with its Affiliates, Oak Hill Capital Partners III, L.P. 
 “Sponsor Affiliated Lender” means
Sponsor, any Affiliate of Sponsor, and any investment fund or managed account with respect to which Sponsor or an Affiliate of Sponsor is an advisor or manager in the ordinary course of business and pursuant to written agreements. 

“Subordinated Debt” of any Person means (i) the Junior Debentures, and (ii) all other Debt (A) the
principal of which by its terms is not required to be repaid, in whole or in part, before the first anniversary of the Term Loan Maturity Date, (B) is contractually or structurally subordinated in right of payment to such Person’s
indebtedness, obligations and liabilities to the Finance Parties under the Finance Documents pursuant to payment and subordination provisions reasonably satisfactory in form and substance to the Administrative Agent and (C) is issued pursuant
to credit documents having covenants, subordination provisions and events of default that in no event are less favorable, including with respect to rights of acceleration, to such Person than the terms hereof or are otherwise reasonably satisfactory
in form and substance to the Administrative Agent. 
 “Subsidiary” means with respect to any Person any
corporation, partnership, limited liability company, association or other business entity of which (i) if a corporation, more than 50% of the total voting power of stock entitled (without regard to the occurrence of any contingency) to vote in
the election of directors, managers or trustees thereof 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, or (ii) if a partnership,
limited liability company, association or business entity other than a corporation, more than 50% of the partnership or other similar ownership interests thereof is at the time owned or controlled,

  

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directly or indirectly, by that Person or one or more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have more than 50%
ownership interest in a partnership, limited liability company, association or other business entity if such Person or Persons shall be allocated more than 50% of partnership, association or other business entity gains or losses or shall be or
control the managing director, manager or a general partner of such partnership, association or other business entity. 

“Subsidiary Guarantor” means each Subsidiary of OH Holdings existing on the Closing Date (other than a Foreign
Subsidiary) and each Subsidiary of OH Holdings (other than a Foreign Subsidiary), except to the extent otherwise provided in Section 6.10(d), that becomes a party to the Guaranty after the Closing Date by execution of an Accession
Agreement referring to the Guaranty or otherwise, and “Subsidiary Guarantors” means any two or more of them. 

“Swingline Commitment” means the agreement of the Swingline Lender to make Swingline Loans pursuant to
Section 2.01(c). 
 “Swingline Committed Amount” means $5,000,000, as such Swingline Committed
Amount may be reduced pursuant to Section 2.10. 
 “Swingline Exposure” means, at any time, the
aggregate amount of all outstanding Swingline Loans at such time. The Swingline Exposure of any Revolving Lender at any time shall be its pro rata percentage of the total Swingline Exposure at such time. 

“Swingline Lender” means Barclays Bank PLC, in its capacity as the Swingline Lender under Section 2.01(c),
and its successor or successors in such capacity. 
 “Swingline Loan” means a Base Rate Loan made by the
Swingline Lender pursuant to Section 2.01(c), and “Swingline Loans” means any two or more of such Base Rate Loans. 

“Swingline Loan Request” has the meaning set forth in Section 2.02(b). 

“Swingline Note” means a promissory note substantially in the form of Exhibit B-3 hereto evidencing the
obligation of the Borrower to repay outstanding Swingline Loans, as such note may be amended, modified, supplemented, extended, renewed or replaced from time to time. 

“Swingline Termination Date” means the earlier of (i) the Revolving Loan Maturity Date or (ii) the date on
which the Swingline Commitment is terminated in its entirety in accordance with this Agreement. 
 “Synthetic Lease
Obligation” means the monetary obligation of a Person under (i) a so-called synthetic, off-balance sheet or tax retention lease or (ii) an agreement for the use or possession of property creating obligations that do not appear on
the balance sheet of such Person but which, upon the insolvency or bankruptcy of such Person, would be characterized as the indebtedness of such person (without regard to accounting treatment). 

“Taxes” has the meaning set forth in Section 3.01. 

“Term Commitment Percentage” means, for each Term Lender, the percentage obtained by taking the outstanding principal
balance of the Term Loans held by such Lender and dividing same by the aggregate outstanding principal balance of the Term Loans of all Lenders, as such percentage is identified for each Lender as its Term Commitment Percentage in the Register, or
in the applicable Assignment and Assumption, as such percentage may be modified in connection with any assignment made in accordance with the provisions of Section 10.06(b). 

 

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 “Term Lender” means each Lender holding all or any portion of the Term
Loan. 
 “Term Loan” has the meaning set forth in Section 2.01(b). 

“Term Loan Commitment” means the commitment of a Lender to make or otherwise fund a Term Loan and “Term Loan
Commitments” means such commitments of all Lenders in the aggregate. 
 “Term Loan Commitment Amount”
means $290,000,000. 
 “Term Loan Maturity Date” means the earlier of (i) the sixth anniversary of the
Closing Date or (ii) the date on which all Term Loans shall become due and payable in full hereunder, whether by acceleration or otherwise. 

“Term Note” means a promissory note substantially in the form of Exhibit B-2 hereto evidencing the obligation of
the Borrower to repay outstanding Term Loans, as such note may be amended, modified or supplemented from time to time. 

“Title Insurance Company” has the meaning set forth in Section 4.01(k). 

“Total Leverage Ratio” means for any period the ratio of (i) the Consolidated Total Debt of Holdings and its
Subsidiaries on the date of determination, less the aggregate principal amount outstanding under the Junior Debentures on such date to (ii) Consolidated EBITDA of Holdings and its Consolidated Subsidiaries for the most recently ended four
fiscal quarters ending immediately prior to such date for which financial statements have been delivered pursuant to Section 6.01. 

“Trademark” means any of the following: (i) all trademarks, trade names, corporate names, company names, business
names, fictitious business names, trade styles, service marks, logos, certification marks, collective marks, brand names and trade dress which are or have been used in the United States or in any state, territory or possession thereof, or in any
other place, nation or jurisdiction, along with all trademark rights in prints and labels on which any of the foregoing have appeared or appear, package and other designs, and any other source or business identifiers, and general intangibles of like
nature, and the rights in any of the foregoing which arise under applicable law; (ii) the goodwill of the business symbolized thereby or associated with each of the foregoing; (iii) all registrations and applications in connection
therewith, including registrations and applications in the United States Patent and Trademark Office or in any similar office or agency of the United States, any state thereof or any other country or any political subdivision thereof, (iv) all
reissues, extensions and renewals thereof; (v) all claims for, and rights to sue for, past, present or future infringements or dilutions of any of the foregoing; (vi) all rights to income, royalties, damages and payments now or hereafter
due or payable with respect to any of the foregoing, including damages and payments for past, present or future infringements or dilutions thereof and payments and damages under all Trademark Licenses in connection therewith; and (vii) all
rights corresponding to any of the foregoing whether arising under the laws of the United States or any foreign country or otherwise. 

“Trademark License” means any agreement now or hereafter in existence granting to any Credit Party any right, whether
exclusive or non-exclusive, to use another Person’s trademarks or trademark applications, or pursuant to which any Credit Party has granted to any other Person, any right, whether exclusive or non-exclusive, to use any Trademark, whether or not
registered, and the rights to prepare for sale, sell and advertise for sale, all of the inventory now or hereafter owned by any Credit Party and now or hereafter covered by such license agreements. 

 

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 “Transactions” means the events contemplated by the Transaction Documents
to occur on the Closing Date. 
 “Transaction Costs” means the fees, costs and expenses payable by the Credit
Parties in connection with the transactions contemplated by the Transaction Documents. 
 “Transaction
Documents” means the Acquisition Documents, the Capitalization Documents, the Senior Note Documents and the Finance Documents. 

“Trust Common Securities” means the 11.6% trust common securities of The Hillman Group Capital Trust held by Holdings.

 “Trust Preferred Securities” means the 11.6% trust preferred securities issued by The Hillman Group Capital
Trust pursuant to an amended and restated declaration of trust dated September 5, 1997 as amended, revised or modified. 

“Type” has the meaning set forth in Section 1.04. 

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

 “Unfunded Liabilities” means with respect to each Plan, the amount (if any) by which the present value of
all nonforfeitable benefits under each Plan exceeds the current value of such Plan’s assets allocable to such benefits, all determined in accordance with the respective most recent valuations for such Plan using applicable PBGC plan termination
actuarial assumptions (the terms “present value” and “current value” shall have the same meanings specified in Section 3 of ERISA). 

“United States” means the United States of America, including each of the States and the District of Columbia, but
excluding its territories and possessions. 
 “Unused Revolving Committed Amount” means, for any period, the
amount by which (i) the then applicable aggregate Revolving Committed Amount of all non-Defaulting Lenders exceeds (ii) the daily average sum for such period of (A) the aggregate amount of all outstanding Revolving Loans plus
(B) the aggregate amount of all outstanding LC Obligations. 
 “U.S. Patriot Act” means the Uniting and
Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act of 2001 (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), as the same may be amended, supplemented, modified, replaced or
otherwise in effect from time to time. 
 “Welfare Plan” means a “welfare plan” as such term is
defined in Section 3(1) of ERISA. 
  

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 “Wholly-Owned Subsidiary” means, with respect to any Person at any date,
any Subsidiary of such Person all of the shares of capital stock or other ownership interests of which (except directors’ qualifying shares are at the time directly or indirectly owned by such Person. 

Section 1.02    Computation of Time Periods and Other Definitional Provisions. (a) Unless
otherwise specified therein, all terms defined in this Agreement shall have the defined meanings ascribed thereto herein when used in the other Finance Documents or any certificate or other document made or delivered pursuant hereto or thereto.

 (b)    For purposes of computation of periods of time hereunder, the word “from” means
“from and including” and the words “to” and “until” each mean “to but excluding”. All references to time herein shall be references to Eastern Standard time or Eastern Daylight time, as the case may be, unless
specified otherwise. References in this Agreement to Articles, Sections, Schedules, Appendices or Exhibits shall be to Articles, Sections, Schedules, Appendices or Exhibits of or to this Agreement unless otherwise specifically provided. The
definitions in Section 1.01 shall apply equally to both the singular and plural forms of the terms defined. 

(c)    As used herein and in the other Finance Documents, and any certificate or other document made or delivered
pursuant hereto or thereto, (i) the words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation” and (ii) references to agreements or other
Contractual Obligations shall, unless otherwise specified, be deemed to refer to such agreements or Contractual Obligations as amended, supplemented, restated or otherwise modified from time to time (to the extent such amendments, supplements,
restatements or other modifications are not restricted by this Agreement). 
 (d)    The words
“hereof”, “herein” and “hereunder” and words of similar import, when used in this Agreement, shall refer to this Agreement as a whole and not to any particular provision of this Agreement, and Annex, Section, Schedule
and Exhibit references are to this Agreement unless otherwise specified. 
 (e)    The term
“license” shall include sub-license. The term “documents” includes any and all documents whether in physical or electronic form. 

Section 1.03    Accounting Terms and Determinations. Except as otherwise expressly provided herein, all
accounting terms used herein shall be interpreted, and all financial statements and certificates and reports as to financial matters required to be delivered to the Lenders hereunder shall be prepared, in accordance with GAAP applied on a consistent
basis. All financial statements delivered to the Lenders hereunder shall be accompanied by a statement from Holdings that GAAP has not changed since the most recent financial statements delivered by Holdings to the Lenders or if GAAP has changed
describing such changes in detail and explaining how such changes affect the financial statements. All calculations made for the purposes of determining compliance with this Agreement shall (except as otherwise expressly provided herein) be made by
application of GAAP applied on a basis consistent with the most recent annual or quarterly financial statements delivered pursuant to Section 6.01 (or, prior to the delivery of the first financial statements pursuant to
Section 6.01, consistent with the financial statements described in Section 5.05(a)); provided, however, if (i) Holdings shall object to determining such compliance on such basis at the time of delivery of
such financial statements due to any change in GAAP or the rules promulgated with respect thereto or (ii) either the Administrative Agent or the Required Lenders shall so object in writing within 60 days after delivery of such financial
statements (or after the Lenders have been informed of the change in GAAP affecting such financial statements, if later), then such calculations shall be made on a basis consistent with the most recent financial statements delivered by Holdings to
the Lenders as to which no such objection shall have been made. Any financial ratios 
  

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required to be maintained by any Group Company pursuant to this Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more
than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number). Notwithstanding any other provision contained herein, all terms of an
accounting or financial nature used herein shall be construed, and all computations of amounts and ratios referred to herein shall be made, without giving effect to any election made under Statement of Financial Accounting Standards 159 (or any
other Financial Accounting Standard having a similar result or effect) to value any Debt or other liabilities of any Credit Party or any of its Subsidiaries at “fair value”, as defined therein. 

Section 1.04    Types of Borrowings. The term “Borrowing” denotes the aggregation of
Loans of one or more Lenders made to the Borrower pursuant to Article II on the same date, all of which Loans are of the same Type (subject to Article III) and, except in the case of Base Rate Loans, have the same initial Interest
Period. Loans hereunder are distinguished by “Type”. The “Type” of a Loan refers to whether such Loan is a Eurodollar Loan or a Base Rate Loan. 

ARTICLE II 

THE CREDIT FACILITIES 

Section 2.01    Commitments to Lend. 

(a)    Revolving Loans.    Each Revolving Lender severally agrees, on the terms and
conditions set forth in this Agreement, to make Revolving Loans to the Borrower pursuant to this Section 2.01(a), on the Closing Date, solely to pay the Closing Fees attributable to the Revolving Facility pursuant to
Section 2.11(c) and, after the Closing Date, during the Availability Period in amounts such that its Revolving Outstandings shall not exceed (after giving effect to all Revolving Loans repaid, all reimbursements of LC Obligations made,
and all Refunded Swingline Loans paid concurrently with the making of any Revolving Loans) its Revolving Commitment; provided that immediately after giving effect to each such Revolving Loan (i) the aggregate Revolving Outstandings shall
not exceed the Revolving Committed Amount and (ii) with respect to each Revolving Lender individually, such Lender’s outstanding Revolving Loans plus its (other than the Swingline Lender’s in its capacity as such) Participation
Interests in outstanding Swingline Loans plus its Participation Interests in outstanding LC Obligations shall not exceed such Lender’s Revolving Commitment Percentage of the Revolving Committed Amount; provided further, that only
HGI may borrow Revolving Loans after the Closing Date. Each Revolving Borrowing shall be in an aggregate principal amount of $1,000,000 or any larger multiple of $100,000 (except that any such Borrowing may be in the aggregate amount of the unused
Revolving Commitments) and shall be made from the several Revolving Lenders ratably in proportion to their respective Revolving Commitments. Within the foregoing limits, the Borrower may borrow under this Section 2.01(a), repay, or, to
the extent permitted by Section 2.09, prepay, Revolving Loans and reborrow under this Section 2.01(a). 

(b)    Term Loans.    Subject to the terms and conditions set forth in this
Agreement, each Lender severally agrees to make, on the Closing Date, a Term Loan to the Borrower in an amount equal to such Lender’s Term Loan Commitment. The Borrower may make only one borrowing under the Term Loan Commitments which shall be
on the Closing Date. Any amount borrowed under this Section 2.01(b) and subsequently repaid or prepaid may not be reborrowed. Subject to Section 2.09, all amounts owed hereunder with respect to the Term Loans shall be paid in
full no later than the Term Loan Maturity Date. Each Lender’s Term Loan Commitment shall terminate immediately and without further action on the Closing Date after giving effect to the funding of such Lender’s Term Loan Commitment on such
date. 
  

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 (c)    Swingline Loans. 

(i)    The Swingline Lender agrees, on the terms and subject to the conditions set forth herein and in
the other Finance Documents, to make a portion of the Revolving Commitments available to HGI from time to time prior to the expiration or termination of the Revolving Commitments in full by making Swingline Loans to HGI in Dollars (each such loan, a
“Swingline Loan” and, collectively, the “Swingline Loans”); provided that (A) the aggregate principal amount of the Swingline Loans outstanding at any one time shall not exceed the Swingline Committed
Amount, (B) with regard to each Lender individually (other than the Swingline Lender in its capacity as such), such Lender’s outstanding Revolving Loans plus its Participation Interests in outstanding Swingline Loans plus its Participation
Interests in outstanding LC Obligations shall not at any time exceed such Lender’s Revolving Commitment Percentage of the Revolving Committed Amount, (C) with regard to the Revolving Lenders collectively, the sum of the aggregate principal
amount of Swingline Loans outstanding plus the aggregate amount of Revolving Loans outstanding plus the aggregate amount of LC Obligations outstanding shall not exceed the Revolving Committed Amount and (D) the Swingline Committed Amount shall
not exceed the aggregate of the Revolving Commitments then in effect. Swingline Loans shall be made and maintained as Base Rate Loans and may be repaid and reborrowed in accordance with the provisions hereof prior to the Swingline Termination Date.
Swingline Loans may be made notwithstanding the fact that such Swingline Loans, when aggregated with the Swingline Lender’s other Revolving Outstandings, exceeds its Revolving Commitment. The proceeds of a Swingline Borrowing may not be used,
in whole or in part, to refund any prior Swingline Borrowing. The Swingline Lender shall not be obligated to make Swingline Loans if (A) it has elected not to do so after the occurrence and during the continuation of a Default or Event of
Default or (B) any of the Revolving Lenders is a Defaulting Lender. 
 (ii)    The
principal amount of all Swingline Loans shall be due and payable on the earliest of (A) the Swingline Termination Date, (B) the occurrence of a bankruptcy or similar proceeding with respect to the Borrower, (C) the acceleration of any
Loan or the termination of the Revolving Commitments pursuant to Section 8.02 and (D) the date that is fourteen (14) days after the date on which the Swingline Lender made such Swingline Loan. 

(iii)    With respect to any Swingline Loans that have not been voluntarily prepaid by the Borrower or
paid by the Borrower when due under clause (ii) above, the Swingline Lender (by request to the Administrative Agent) or the Administrative Agent shall, on one Business Day’s notice, require each Revolving Lender, including the
Swingline Lender, and each such Lender hereby agrees, subject to the provisions of this Section 2.01(c), to make a Revolving Loan (which shall be initially funded as a Base Rate Loan) in an amount equal to such Lender’s Revolving
Commitment Percentage of the amount of the Swingline Loans (the “Refunded Swingline Loans”) outstanding on the date notice is given. 

(iv)    In the case of Revolving Loans made by Lenders other than the Swingline Lender under clause
(iii) above, each such Revolving Lender shall make the amount of its Revolving Loan available to the Administrative Agent, in same day funds, at the Administrative Agent’s Office, not later than 1:00 P.M. on the Business Day next
succeeding the date such notice is given. The proceeds of such Revolving Loans shall be immediately delivered to the Swingline Lender (and not to the Borrower) and applied to repay the Refunded Swingline Loans. On the day such Revolving Loans are
made, the Swingline Lender’s Revolving 
  

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Commitment Percentage of the Refunded Swingline Loans shall be deemed to be paid with the proceeds of a Revolving Loan made by the Swingline Lender and such portion of the Swingline Loans deemed
to be so paid shall no longer be outstanding as Swingline Loans and shall instead be outstanding as Revolving Loans. The Borrower authorizes the Administrative Agent and the Swingline Lender to charge the Borrower’s account with the
Administrative Agent (up to the amount available in such account) in order to pay immediately to the Swingline Lender the amount of such Refunded Swingline Loans to the extent amounts received from the Revolving Lenders, including amounts deemed to
be received from the Swingline Lender, are not sufficient to repay in full such Refunded Swingline Loans. If any portion of any such amount paid (or deemed to be paid) to the Swingline Lender should be recovered by or on behalf of the Borrower from
the Swingline Lender in bankruptcy, by assignment for the benefit of creditors or otherwise, the loss of the amount so recovered shall be ratably shared among all Revolving Lenders in the manner contemplated by Section 2.13. 

(v)    A copy of each notice given by the Swingline Lender pursuant to this
Section 2.01(c) shall be promptly delivered by the Swingline Lender to the Administrative Agent and the Borrower. Upon the making of a Revolving Loan by a Revolving Lender pursuant to this Section 2.01(c), the amount so
funded shall no longer be owed in respect of its Participation Interest in the related Refunded Swingline Loans. 

(vi)    If for any reason Revolving Loans are not made pursuant to this Section 2.01(c)
sufficient to repay any amounts owed to the Swingline Lender as a result of a nonpayment of outstanding Swingline Loans, each Revolving Lender agrees to purchase, and shall be deemed to have purchased, a participation in such outstanding Swingline
Loans in an amount equal to its Revolving Commitment Percentage of the unpaid amount together with accrued interest thereon. Upon one Business Day’s notice from the Swingline Lender, each Revolving Lender shall deliver to the Swingline Lender
an amount equal to its respective Participation Interest in such Swingline Loans in same day funds at the office of the Swingline Lender specified or referred to in Section 10.01. In order to evidence such Participation Interest each
Revolving Lender agrees to enter into a participation agreement at the request of the Swingline Lender in form and substance reasonably satisfactory to all parties. In the event any Revolving Lender fails to make available to the Swingline Lender
the amount of such Revolving Lender’s Participation Interest as provided in this Section 2.01(c)(vi), the Swingline Lender shall be entitled to recover such amount on demand from such Revolving Lender together with interest at the
customary rate set by the Swingline Lender for correction of errors among banks in New York City for one Business Day and thereafter at the Base Rate plus the Applicable Margin for Base Rate Loans. 

(vii)    Each Revolving Lender’s obligation to make Revolving Loans pursuant to clause
(iv) above and to purchase Participation Interests in outstanding Swingline Loans pursuant to clause (vi) above shall be absolute and unconditional and shall not be affected by any circumstance, including (i) any set-off,
counterclaim, recoupment, defense or other right which such Revolving Lender or any other Person may have against the Swingline Lender, any Credit Party or any other Person, (ii) the occurrence or continuance of a Default or an Event of Default
or the termination or reduction in the amount of the Revolving Commitments after any such Swingline Loans were made, (iii) any adverse change in the condition (financial or otherwise) of any Credit Party or any other Person, (iv) any
breach of this Agreement or any other Finance Document by the Borrower or any other Lender, (v) whether any condition specified in Article IV is then satisfied or (vi) any other circumstance, happening or event whatsoever, whether
or not similar to any of the forgoing. If such Lender does not pay such amount forthwith upon the Swingline Lender’s demand therefor, and until such time as such Lender makes the required payment, the Swingline Lender shall be deemed to
continue to have outstanding Swingline Loans 
  

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in the amount of such unpaid Participation Interest for all purposes of the Finance Documents other than those provisions requiring the other Lenders to purchase a participation therein. Further,
such Lender shall be deemed to have assigned any and all payments made of principal and interest on its Loans, and any other amounts due to it hereunder to the Swingline Lender to fund Swingline Loans in the amount of the Participation Interest in
Swingline Loans that such Lender failed to purchase pursuant to this Section 2.01(c)(vii) until such amount has been purchased (as a result of such assignment or otherwise). 

Section 2.02    Notice of Borrowings. 

(a)    Borrowings Other Than Swingline Loans.    Except in the case of Swingline
Loans, the Borrower shall give the Administrative Agent a Notice of Borrowing (or telephone notice promptly confirmed by a Notice of Borrowing) not later than 12 noon on (i) the Business Day of each Base Rate Borrowing and (ii) the third
Business Day before each Eurodollar Borrowing. Each such Notice of Borrowing shall be irrevocable and shall specify: 

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

(B)    the aggregate principal amount of such Borrowing; 

(C)    the initial Type of the Loans comprising such Borrowing; 

(D)    in the case of a Eurodollar Borrowing, the duration of the initial Interest Period applicable
thereto, subject to the provisions of the definition of Interest Period and to Section 2.06(a); and 

(E)    the location and number of the Borrower’s account to which funds are to be disbursed,
which shall comply with the requirements of Section 2.03. 
 If the duration of the initial Interest Period is not specified with
respect to any requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an initial Interest Period of one month, subject to the provisions of the definition of Interest Period and to Section 2.06(a). 

(b)    Swingline Borrowings.    The Borrower shall request a Swingline Loan by
written notice (or telephone notice promptly confirmed in writing) substantially in the form of Exhibit A-4 hereto (a “Swingline Loan Request”) to the Swingline Lender and the Administrative Agent not later than 12 Noon on
the Business Day of the requested Swingline Loan. Each such notice shall be irrevocable and shall specify (i) that a Swingline Loan is requested, (ii) the date of the requested Swingline Loan (which shall be a Business Day) and
(iii) the principal amount of the Swingline Loan requested and (iv) the location and number of the Borrower’s account to which funds are to be disbursed, which shall comply with the requirements of Section 2.03. Each
Swingline Loan shall be made as a Base Rate Loan. 
 Section 2.03    Notice to Lenders; Funding of
Loans. 
 (a)    Notice to Lenders.    Upon receipt of a
Notice of Borrowing, the Administrative Agent shall promptly notify each Lender of such Lender’s ratable share (if any) of the Borrowing referred to therein. 

 

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 (b)    Funding of Loans. 

(i)    On the date of each Borrowing (other than a Swingline Borrowing), each Lender participating
therein shall make available its share of such Borrowing, in Federal or other immediately available funds, to the Administrative Agent at the Administrative Agent’s Office. Unless the Administrative Agent reasonably determines that any
applicable condition specified in Article IV has not been satisfied, the Administrative Agent shall promptly distribute the proceeds to an account designated by the Borrower from time to time in the Applicable Notice of Borrowing (provided
such account is an Approved Deposit Account) and is in full force and effect at the date thereof), or if not so identified, credit the amounts so received to the general deposit account of the Borrower with the Administrative Agent or, if a
Borrowing shall not occur on such date because any condition precedent herein shall not have been met, promptly return the amounts received from the Lenders in like funds. 

(ii)    Not later than 3:00 P.M. on the date of each Swingline Borrowing, the Swingline Lender shall,
unless the Administrative Agent shall have notified the Swingline Lender that any applicable condition specified in Article IV has not been satisfied, make available the amount of such Swingline Borrowing, in Dollars in Federal or other
immediately available funds, to the Borrower at an account designated by the Borrower from time to time in the Swingline Loan Request (provided such account is an Approved Deposit Account) and is in full force and effect at the date thereof), or if
not so identified, to the Borrower at the Swingline Lender’s address referred to in Section 10.01. 

(c)    Funding by the Administrative Agent in Anticipation of Amounts Due from the
Lenders.    Unless the Administrative Agent shall have received notice from a Lender prior to the date of any Borrowing that such Lender will not make available to the Administrative Agent such Lender’s share of such
Borrowing, the Administrative Agent may assume that such Lender has made such share available to the Administrative Agent on the date of such Borrowing in accordance with subsection (b) of this Section 2.03, and the
Administrative Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made such share available to the Administrative Agent, such
Lender and the Borrower severally agree to repay to the Administrative Agent forthwith within two Business Days of such corresponding amount, together with interest thereon for each day from the date such amount is made available to the Borrower
until the date such amount is repaid to the Administrative Agent at (i) a rate per annum equal to the higher of the Federal Funds Rate and the interest rate applicable thereto pursuant to Section 2.06, in the case of the Borrower
and (ii) the Federal Funds Rate, in the case of such Lender. If such Lender shall repay to the Administrative Agent such corresponding amount, such amount so repaid shall constitute such Lender’s Loan included in such Borrowing for
purposes of this Agreement. 
 (d)    Obligations of Lenders
Several.    The failure of any Lender to make a Loan required to be made by it as part of any Borrowing hereunder shall not relieve any other Lender of its obligation, if any, hereunder to make any Loan on the date of
such Borrowing, but no Lender shall be responsible for the failure of any other Lender to make the Loan to be made by such other Lender on such date of Borrowing. 

Section 2.04    Evidence of Loans. 

(a)    Lender Accounts.    Each Lender shall maintain in accordance with its usual
practice an account or accounts evidencing the indebtedness to such Lender resulting from each Loan made by such Lender from time to time, including the amounts of principal and interest payable and paid to such Lender from time to time under this
Agreement. 
  

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 (b)    Administrative Agent
Records.    The Administrative Agent shall maintain accounts in which it will record (i) the amount of each Loan made hereunder, the Type of each Loan made and the Interest Period, if any, applicable thereto,
(ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum received by the Administrative Agent hereunder from the Borrower and each
Lender’s share thereof. 
 (c)    Evidence of Debt.    The entries
made in the accounts maintained pursuant to subsections (a) and (b) of this Section 2.04 shall be prima facie evidence of the existence and amounts of the obligations therein recorded; provided,
however, that the failure of any Lender or the Administrative Agent to maintain such accounts or any error therein shall not in any manner affect the obligations of the Borrower to repay the Loans made to it in accordance with their terms.

 (d)    Notes.    Notwithstanding any other provision of this Agreement,
if any Lender shall request and receive a Note or Notes as provided in Section 10.06 or otherwise at any time after the Closing Date, then the Loans of such Lender shall be evidenced by one or more Revolving Notes or Term Notes, as
applicable, in each case, substantially in the form of Exhibit B-1 or B-2 as applicable, payable to the order of such Lender for the account of its Applicable Lending Office in an amount equal to the aggregate unpaid principal amount
of such Lender’s Revolving Loan or Term Loan, as applicable. If requested by the Swingline Lender, the Swingline Loans shall be evidenced by a single Swingline Note, substantially in the form of Exhibit B-3, payable to the order of the
Swingline Lender in an amount equal to the aggregate unpaid principal amount of the Swingline Loans. 

(e)    Note Endorsements.    Each Lender having one or more Notes issued by the
Borrower shall record the date, amount, Type of each Loan made by it to the Borrower evidenced by such Note and the date and amount of each payment of principal made by the Borrower with respect thereto, and may, if such Lender so elects in
connection with any transfer or enforcement of any Note, endorse on the reverse side or on the schedule, if any, forming a part thereof appropriate notations to evidence the foregoing information with respect to each outstanding Loan evidenced
thereby; provided that the failure of any Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower hereunder or under any such Note. Each Lender is hereby irrevocably authorized by the Borrower so to
endorse each of its Notes and to attach to and make a part of each of its Notes a continuation of any such schedule as and when required. 

Section 2.05    Letters of Credit. 

(a)    Existing Letters of Credit.    On the Closing Date, the Issuing Lender that
had issued the Existing Letters of Credit will be deemed, without further action by any party hereto, to have sold to each Revolving Lender, and each such Revolving Lender will be deemed, without further action by any party hereto, to have purchased
from such Issuing Lender, without recourse or warranty, an undivided participation interest in such Existing Letter of Credit and the related LC Obligations in the proportion its Revolving Commitment Percentage bears to the Revolving Committed
Amount as in effect on the Closing Date (although any fronting fee payable under Section 2.11 shall be payable directly to the Administrative Agent for the account of such Issuing Lender, and the Lenders (other than such Issuing Lender)
shall have no right to receive any portion of such fronting fee) and any security therefor or guaranty pertaining thereto. On and after the Closing Date, each Existing Letter of Credit shall be deemed to constitute a Letter of Credit for all
purposes hereof. 
 (b)    Letters of Credit.    Each Issuing Lender
agrees, on the terms and conditions set forth in this Agreement, to issue Letters of Credit denominated in Dollars from time to time before the 5th 

 

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day prior to the Revolving Loan Maturity Date for the account, and upon the request, of the Borrower; provided that the Borrower shall cash collateralize any Letter of Credit issued after
the 30th day prior to the Revolving Loan Maturity Date in accordance with subsection (l) below; provided further that immediately after each Letter of Credit is issued (i) the aggregate LC Obligations shall not exceed $15,000,000
(the “LC Committed Amount”), (ii) the Revolving Outstandings shall not exceed the Revolving Committed Amount and (iii) with respect to each individual Revolving Lender, the aggregate outstanding principal amount of the
Revolving Lender’s Revolving Loans plus its Participation Interests in outstanding LC Obligations plus its (other than the Swingline Lender’s) Participation Interests in outstanding Swingline Loans shall not exceed such Revolving
Lender’s Revolving Commitment Percentage of the Revolving Committed Amount. 
 (c)    Method of
Issuance of Letters of Credit.    The Borrower shall give the applicable Issuing Lender notice substantially in the form of Exhibit A-3 hereto (a “Letter of Credit Request”) of the requested
issuance or amendment of a Letter of Credit prior to 1:00 P.M. (New York time) on the proposed date of the issuance or amendment of a Letter of Credit (which shall be a Business Day) (or such shorter period as may be agreed by the Issuing Lender in
any particular instance). In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Request shall specify in form and detail reasonably satisfactory to the Issuing Lender: (i) the proposed issuance date of
the requested Letter of Credit (which shall be a Business Day); (ii) the amount thereof; (iii) the expiry date thereof; (iv) the name and address of the beneficiary thereof; (v) the documents to be presented by such beneficiary
in case of any drawing thereunder; (vi) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; and (vii) such other matters as the Issuing Lender may require. In the case of a request for an
amendment of any outstanding Letter of Credit, such Letter of Credit Request shall specify in form and detail reasonably satisfactory to the Issuing Lender: (i) the Letter of Credit to be amended; (ii) the proposed date of amendment
thereof (which shall be a Business Day); (iii) the nature of the proposed amendment; and (iv) such other matters as the Issuing Lender may reasonably require. The Borrower shall also submit a Letter of Credit application on the Issuing
Lender’s standard form in connection with any request for a letter of credit. The extension or renewal of any Letter of Credit shall be deemed to be an issuance of such Letter of Credit. Subject to the provisions of the following paragraph with
respect to Evergreen Letters of Credit, no Letter of Credit shall have a term of more than one year or shall have a term extending or be extendible beyond the fifth Business Day prior to the Revolving Loan Maturity Date. 

If the Borrower so requests in any applicable Letter of Credit Request, the Issuing Lender may, in its discretion reasonably exercised,
agree to issue a Letter of Credit that has automatic renewal provisions (each, an “Evergreen Letter of Credit”); provided that any such Evergreen Letter of Credit must permit the Issuing Lender to prevent any such renewal at
least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (the “Nonrenewal Notice Date”) in each such twelve-month
period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the Issuing Lender, the Borrower shall not be required to make a specific request to the Issuing Lender for any such renewal. Once an Evergreen Letter
of Credit has been issued, the Revolving Lenders shall be deemed to have authorized (but may not require) the Issuing Lender to permit the renewal of such Letter of Credit at any time to a date not later than the fifth Business Day prior to the
Revolving Loan Maturity Date; provided, however, that the Issuing Lender shall not permit any such renewal if (i) the Issuing Lender would have no obligation at such time to issue such Letter of Credit in its renewed form under
the terms hereof or (ii) it has received notice (which may be by telephone or in writing) on or before the Business Day immediately preceding the Nonrenewal Notice Date (A) that the Required Revolving Lenders have elected not to permit
such renewal or (B) from any Revolving Lender or the Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied. Notwithstanding anything to the contrary contained herein, the Issuing
Lender shall have no obligation to permit the renewal of any Evergreen Letter of Credit at any time. 
  

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 Promptly after its delivery of any Letter of Credit or any amendment to a Letter of Credit
to an advising bank with respect thereto or to the beneficiary thereof, the Issuing Lender will also deliver to the Borrower and a true and complete copy of such Letter of Credit or amendment. 

(d)    Conditions to Issuance of Letters of Credit.    The issuance by the Issuing
Lender of each Letter of Credit shall, in addition to the conditions precedent set forth in Section 4.02, be subject to the conditions precedent that (i) such Letter of Credit shall be reasonably satisfactory in form and substance
to the Issuing Lender, (ii) the Borrower shall have executed and delivered such other instruments and agreements relating to such Letter of Credit as the Issuing Lender shall have reasonably requested, (iii) on the date of (and after
giving effect to) such issuance (A) the aggregate amount of all LC Obligations will not exceed the LC Committed Amount and (B) the aggregate Revolving Outstandings will not exceed the Revolving Commitments and (iv) the Issuing Lender
shall not have been notified by any Lender that any condition specified in Section 4.02(b) or (c) is not satisfied on the date such Letter of Credit is to be issued. Notwithstanding any other provision of this
Section 2.05, the Issuing Lender shall not be under any obligation hereunder to issue any Letter of Credit if: (i) any order, judgment or decree of any Governmental Authority shall by its terms purport to enjoin or restrain the
Issuing Lender from issuing such Letter of Credit, or any requirement of Law applicable to the Issuing Lender or any request or directive (whether or not having a force of Law) from any Governmental Authority with jurisdiction over the Issuing
Lender shall prohibit, or request that the Issuing Lender refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the Issuing Lender with respect to such Letter of Credit any restriction,
reserve or capital requirement (for which the Issuing Lender is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the Administrative Agent any unreimbursed loss, cost or expense which was not applicable on
the Closing Date and which the Issuing Lender in good faith deems material to it; or (ii) the issuance of such Letter of Credit shall violate any applicable general policies of the Issuing Lender. 

(e)    Purchase and Sale of Letter of Credit Participations.    Upon the issuance
of a Letter of Credit, the Issuing Lender shall be deemed, without further action by any party hereto, to have sold to each Revolving Lender, and each Revolving Lender shall be deemed, without further action by any party hereto, to have purchased
from the Issuing Lender, without recourse or warranty, an undivided Participation Interest in the obligations in respect of such Letter of Credit and the related LC Obligations in the proportion its Revolving Commitment Percentage bears to the
Revolving Committed Amount (although any fronting fee payable under Section 2.11 shall be payable directly to the Administrative Agent for the account of the Issuing Lender, and the Lenders (other than the Issuing Lender) shall have no
right to receive any portion of any such fronting fee) and any security therefor or guaranty pertaining thereto. Upon any change in the Revolving Commitments pursuant to Section 10.06 there shall be an automatic adjustment to the
Participation Interests in all outstanding Letters of Credit to reflect the adjusted Revolving Commitments of the assigning and assignee Lenders or of all Lenders having Revolving Commitments, as the case may be. 

(f)    Duties of Issuing Lender to Revolving Lenders; Reliance.    In determining
whether to pay under any Letter of Credit, the Issuing Lender shall not have any obligation relative to the Revolving Lenders participating in such Letter of Credit other than to determine that any document or documents required to be delivered
under a Letter of Credit have been delivered and that they substantially comply on their face with the requirements of such Letter of Credit. Any action taken or omitted to be taken by the Issuing Lender or in connection with any Letter of Credit
shall not create for the Issuing Lender any resulting liability if taken or omitted in the absence of gross negligence or willful misconduct. The Issuing Lender shall be entitled (but not obligated) to rely, and shall be fully protected

  

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in relying, on the representation and warranty by the Borrower set forth in the last sentence of Section 4.02 to establish whether the conditions specified in paragraphs
(b) and (c) of Section 4.02 are met in connection with any issuance or extension of a Letter of Credit. The Issuing Lender shall be entitled to rely, and shall be fully protected in relying, upon advice and
statements of legal counsel, independent accountants and other experts selected by the Issuing Lender and upon any Letter of Credit, writing, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopier, telex or
teletype message, statement, order or other document believed by it in good faith to be genuine and correct and to have been signed, sent or made by the proper Person or Persons, and may accept documents that appear on their face to be in order,
without responsibility for further investigation, regardless of any notice or information to the contrary unless the beneficiary and the Borrower shall have notified the Issuing Lender that such documents do not comply with the terms and conditions
of the Letter of Credit. The Issuing Lender shall be fully justified in refusing to take any action requested of it under this Section 2.05 in respect of any Letter of Credit unless it shall first have received such advice or concurrence
of the Required Revolving Lenders as it reasonably deems appropriate or it shall first be indemnified to its reasonable satisfaction by the Revolving Lenders against any and all liability and expense which may be incurred by it by reason of taking
or continuing to take, or omitting or continuing to omit, any such action. Notwithstanding any other provision of this Section 2.05, the Issuing Lender shall in all cases be fully protected in acting, or in refraining from acting, under
this Section 2.05 in respect of any Letter of Credit or in accordance with a request of the Required Revolving Lenders, and such request and any action taken or failure to act pursuant hereto shall be binding upon all Revolving Lenders
and all future holders of participations in such Letter of Credit. 
 (g)    Designation of
Subsidiaries as Account Parties.    Notwithstanding anything to the contrary set forth in this Agreement, any Letter of Credit issued hereunder may contain a statement to the effect that such Letter of Credit is issued
for the account of OH Holdings or any of its Subsidiaries; provided that notwithstanding such statement, the Borrower shall be the actual account party for all purposes of this Agreement for such Letter of Credit and such statement shall not
affect the Borrower’s reimbursement obligations hereunder with respect to such Letter of Credit. 

(h)    Modification and Extension.    The issuance of any supplement, restatement,
modification, amendment, renewal, or extension to any Letter of Credit shall, for purposes hereof, be treated in all respects the same as a Credit Extension hereunder. 

(i)    Responsibility of Issuing Lenders.    It is expressly understood and agreed
that the obligations of the Issuing Lenders hereunder to the Revolving Lenders are only those expressly set forth in this Agreement and that each Issuing Lender shall be entitled to assume that the conditions precedent set forth in
Section 4.02 have been satisfied unless it shall have acquired actual knowledge that any such condition precedent has not been satisfied; provided, however, that nothing set forth in this Section 2.05 shall be
deemed to prejudice the right of any Revolving Lender to recover from Issuing Lender any amounts made available by such Revolving Lender to the Issuing Lender pursuant to this Section 2.05 in the event that it is determined by a court of
competent jurisdiction that the payment with respect to a Letter of Credit constituted gross negligence or willful misconduct on the part of the Issuing Lender. 

(j)    Conflict with LC Documents.    In the event of any conflict between this
Agreement and any LC Document, this Agreement shall govern. 
 (k)    Indemnification of Issuing
Lenders. 
 (i)    In addition to its other obligations under this Agreement, the
Borrower hereby agrees to protect, indemnify, pay and save each Issuing Lender harmless from and against any and all claims, demands, liabilities, damages, losses, costs, charges and expenses (including

  

 - 52 - 

 
reasonable attorneys’ fees) that such Issuing Lender may incur or be subject to as a consequence, direct or indirect, of (A) the issuance of any Letter of Credit as applicable or
(B) the failure of such Issuing Lender to honor a drawing under a Letter of Credit as a result of any act or omission, whether rightful or wrongful, of any present or future de jure or de facto government or Governmental Authority (all such
acts or omissions, herein called “Government Acts”). 
 (ii)    As between
the Borrower and the Issuing Lenders, the Borrower shall assume all risks of the acts or omissions of or the misuse of any Letter of Credit by the beneficiary thereof. Neither Issuing Lender shall be responsible for: (A) the form, validity,
sufficiency, accuracy, genuineness or legal effect of any document submitted by any party in connection with the application for and issuance of any Letter of Credit, even if it should in fact prove to be in any or all respects invalid,
insufficient, inaccurate, fraudulent or forged; (B) the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign any Letter of Credit or the rights or benefits thereunder or proceeds thereof, in
whole or in part, that may prove to be invalid or ineffective for any reason; (C) failure of the beneficiary of a Letter of Credit to comply fully with conditions required in order to draw upon a Letter of Credit; (D) errors, omissions,
interruptions or delays in transmission or delivery of any messages, by mail, cable, telegraph, telex or otherwise, whether or not they be in cipher; (E) errors in interpretation of technical terms; (F) any loss or delay in the
transmission or otherwise of any documents required in order to make a drawing under a Letter of Credit or of the proceeds thereof; and (G) any consequences arising from causes beyond the control of the Issuing Lender, including any Government
Acts. Notwithstanding the foregoing, the Borrower shall retain all rights it may have against the Issuing Lenders for any liability arising solely out of the gross negligence, bad faith or willful misconduct of an Issuing Lender to the extent
determined by a court of competent jurisdiction in a final and nonappealable judgment. None of the above shall affect, impair, or prevent the vesting of the Issuing Lenders’ rights or powers hereunder. 

(iii)    In furtherance and extension and not in limitation of the specific provisions hereinabove set
forth, no action taken or omitted by the Issuing Lender under or in connection with any Letter of Credit or the related certificates, if taken or omitted in good faith, shall put the Administrative Agent or either Issuing Lender under any resulting
liability to the Borrower or any other Credit Party other than for gross negligence, bad faith or willful misconduct. It is the intention of the parties that this Agreement shall be construed and applied to protect and indemnify the Issuing Lenders
against any and all risks involved in the issuance of Letters of Credit, all of which risks are hereby assumed by the Credit Parties, including any and all risks, whether rightful or wrongful, of any present or future Government Acts. Neither
Issuing Lender shall in any way be liable for any failure by such Issuing Lender or anyone else to pay any drawing under any Letter of Credit as a result of any Government Acts or any other cause beyond the control of such Issuing Lender.

 (iv)    Nothing in this subsection (k) is intended to limit the reimbursement
obligation of the Borrower contained in this Section 2.05. The obligations of the Borrower under this subsection (k) shall survive the termination of this Agreement. No act or omission of any current or prior beneficiary of a
Letter of Credit shall in any way affect or impair the rights of the Issuing Lender to enforce any right, power or benefit under this Agreement. 

(v)    Notwithstanding anything to the contrary contained in this subsection (k), the Borrower
shall not have any obligation to indemnify an Issuing Lender in respect of any liability to the extent, incurred by such Issuing Lender arising solely out of the gross negligence, bad faith or willful misconduct of such Issuing Lender, as finally
determined by a court of competent jurisdiction. Nothing in this Agreement shall relieve an Issuing Lender of any liability 
  

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to the Borrower in respect of any action taken by such Issuing Lender which action constitutes gross negligence, bad faith or willful misconduct of such Issuing Lender or a violation of the
Uniform Commercial Code, as applicable, as finally determined by a court of competent jurisdiction. 

(l)    Cash Collateral.    If the Borrower elects or is required pursuant to the
terms of this Agreement to Cash Collateralize any LC Obligations, the Borrower shall deposit in an account (which may be an LC Cash Collateral Account under the Security Agreement) with the Collateral Agent an amount in Dollars in cash equal to 102%
of such LC Obligations. Such deposit shall be held by the Collateral Agent as collateral for the payment and performance of the LC Obligations. The Collateral Agent shall have exclusive control, including the exclusive right of withdrawal, over each
collateral account referred to in this subsection (l). The Collateral Agent will, at the request of the Borrower, invest amounts deposited in such account in Cash Equivalents; provided, however, that (i) the Collateral
Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be subjected to a first priority
perfected security interest in favor of the Collateral Agent and (iii) if an Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the Collateral Agent. The Borrower
shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents. Other than any interest or profits earned on such investments, 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 applied by the Collateral Agent to reimburse the applicable Issuing Lender immediately for drawings under the Letters of Credit and, if the maturity of the Loans has been
accelerated, to satisfy the LC Obligations of the Borrower. If the Borrower is required to provide an amount of cash collateral hereunder as a result of an Event of Default, such amount together with any interest or profits earned thereon (to the
extent not applied as aforesaid) shall be returned to the Borrower within three Business Days after all Events of Default have been cured or waived. If the Borrower is required to provide an amount of cash collateral hereunder pursuant to
Section 2.08(a) or 2.09(b)(i), such amount together with any interest or profits earned thereon (to the extent not applied as aforesaid) shall be returned to the Borrower upon demand; provided that, after giving effect to
the return, (i) the aggregate Revolving Outstandings would not exceed the Revolving Committed Amount and (ii) no Default or Event of Default shall have occurred and be continuing. If the Borrower is required to deposit an amount of cash
collateral hereunder pursuant to Section 2.09(b) (iii), (iv), (v), (vi), or (vii), interest or profits thereon (to the extent not applied as aforesaid) shall be returned to the Borrower after the full amount of such deposit has been
applied by the Collateral Agent to reimburse the applicable Issuing Lender for drawings under Letters of Credit. The Borrower hereby pledges and assigns to the Collateral Agent, for its benefit and the benefit of the Finance Parties, each cash
collateral account established by it hereunder (and all monies and investments held therein) to secure its Finance Obligations. 

(m)    Resignation or Removal of Issuing Lender.    Either Issuing Lender may
resign at any time by giving 60 days’ notice to the Revolving Lenders and the Borrower; provided, however, that such resignation shall not affect the status of any outstanding Letters of Credit issued by such resigning Issuing
Lender as set forth in subsection (n) below. Upon any such resignation, the Borrower shall (within 60 days after such notice of resignation) either appoint a successor, or terminate the unutilized LC Commitment of such Issuing Lender;
provided, however, that, if the Borrower elects to terminate such unutilized LC Commitment, the Borrower may at any time thereafter that the Revolving Commitments are in effect reinstate such LC Commitment in connection with the
appointment of another Issuing Lender. Subject to subsection (n) below, upon the acceptance of any appointment as an Issuing Lender hereunder by a successor Issuing Lender, such successor shall succeed to and become vested with all the
interests, rights and obligations of the retiring Issuing Lender and the retiring Issuing Lender shall be discharged from its obligations to issue Letters of Credit hereunder. The acceptance of any appointment

  

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as Issuing Lender hereunder by a successor Issuing Lender shall be evidenced by an agreement entered into by such successor, in a form reasonably satisfactory to the Borrower and the
Administrative Agent, and, from and after the effective date of such agreement, (i) such successor shall be a party hereto and have all the rights and obligations of an Issuing Lender under this Agreement and the other Finance Documents and
(ii) references herein and in the other Finance Documents to the “Issuing Lender” shall be deemed to refer to such successor or to any previous Issuing Lender, or to such successor and all previous Issuing Lenders, as the context
shall require. 
 (n)    Rights with Respect to Outstanding Letters of
Credit.    After the resignation of an Issuing Lender hereunder the retiring Issuing Lender shall remain a party hereto and shall continue to have all the rights and obligations of an Issuing Lender under this Agreement
and the other Finance Documents with respect to Letters of Credit issued by it prior to such resignation, but shall not be required to issue Letters of Credit. 

(o)    Reimbursement Obligations.    The Borrower shall be irrevocably and
unconditionally obligated forthwith to reimburse the Issuing Lender for any amounts paid by the Issuing Lender upon any drawing under a Letter of Credit, together with any and all reasonable charges and expenses which such Issuing Lender may pay or
incur relative to such drawing or payment and interest on the amount drawn or paid at the rate applicable to Base Rate Loans for each day from and including the date such amount is drawn or paid to but excluding the date such reimbursement payment
is due and payable. Such reimbursement payment shall be due and payable (i) at or before 2:00 P.M. (New York time or the relevant local time, as applicable) on the third Business Day after the date the Issuing Lender notifies the Borrower of
such drawing or payment; provided that no payment otherwise required by this sentence to be made by the Borrower at or before 2:00 P.M. (New York time or the relevant local time, as applicable) on any day shall be overdue hereunder if
arrangements for such payment satisfactory to the Issuing Lender, in its reasonable discretion, shall have been made by the Borrower at or before 2:00 P.M. (New York time or the relevant local time, as applicable) on such day and such payment is
actually made at or before 3:00 P.M. (New York time or the relevant local time, as applicable) on such day. In addition to the foregoing, the Borrower agrees to pay to the Issuing Lenders interest, payable on demand, on any and all amounts not paid
by the Borrower to the Issuing Lenders when due under this subsection (o), for each day from and including the date when such amount becomes due to but excluding the date such amount is paid in full, whether before or after judgment, at a
rate per annum equal to the sum of 2.00% plus the rate applicable to Base Rate Loans for such day. Subject to the satisfaction of all applicable conditions set forth in Article IV, the Borrower may, at its option, utilize the Swingline
Commitment or the Revolving Commitments, or make other arrangements for payment satisfactory to the Issuing Lenders, for the reimbursement of all LC Disbursements as required by this subsection (o). Each reimbursement payment to be made by
the Borrower pursuant to this subsection (o) shall be made to the Issuing Lenders in Federal or other funds immediately available to it at its address referred to in Section 10.01. 

(p)    Obligations of Revolving Lenders to Reimburse Issuing Lender for Unpaid LC
Disbursements.    If the Borrower shall not have reimbursed the Issuing Lender or the Administrative Agent (as the case may be) in full for any LC Disbursement as required pursuant to subsection (o) of this
Section 2.05, the Issuing Lender shall promptly notify the Administrative Agent, and the Administrative Agent shall promptly notify each Revolving Lender (other than the Issuing Lender) and each Revolving Lender shall promptly and
unconditionally pay to the Administrative Agent, for the account of such Issuing Lender or for itself as the case may be such Revolving Lender’s pro-rata share of such unreimbursed LC Disbursement (each such Lender’s pro rata share of such
LC Disbursement determined by the proportion its Revolving Commitment Percentage bears to the aggregate Revolving Committed 
  

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Amount) in Dollars in Federal or other immediately available funds. Such payment from the Revolving Lender shall be due (i) at or before 1:00 P.M. (New York time) on the date the
Administrative Agent so notifies a Revolving Lender, if such notice is given at or before 10:00 A.M. (New York time) on such date or (ii) at or before 10:00 A.M. (New York time) on the next succeeding Business Day, together with interest on
such amount for each day from and including the date of such drawing to but excluding the day such payment is due from such Revolving Lender at the Federal Funds Rate for such day (which funds, in the case of a failure to reimburse the Issuing
Lender under a Letter of Credit, the Administrative Agent shall promptly remit to the applicable Issuing Lender). The failure of any Revolving Lender to make available to the Administrative Agent its pro-rata share of any unreimbursed LC
Disbursement shall not relieve any other Revolving Lender of its obligation hereunder to make available to the Administrative Agent its pro-rata share of any payment made under any Letter of Credit on the date required, as specified above, but no
such Lender shall be responsible for the failure of any other Lender to make available to the Administrative Agent such other Lender’s pro-rata share of any such payment. Upon payment in full of all amounts payable by a Lender under this
subsection (p), such Lender shall be subrogated to the rights of the Issuing Lender against the Borrower to the extent of such Lender’s pro-rata share of the related LC Obligation so paid (including interest accrued thereon). If any
Revolving Lender fails to pay any amount required to be paid by it pursuant to this subsection (p) on the date on which such payment is due, interest shall accrue on such Lender’s obligation to make such payment, for each day from
and including the date such payment became due to but excluding the date such Lender makes such payment, whether before or after judgment, at a rate per annum equal to (i) for each day from the date such payment is due to the third succeeding
Business Day, inclusive, the Federal Funds Rate for such day as determined by the relevant Issuing Lender and (ii) for each day thereafter, the sum of 2.00% plus the rate applicable to Base Rate Loans for such day. Any payment made by any
Lender after 3:00 P.M. on any Business Day shall be deemed for purposes of the preceding sentence to have been made on the next succeeding Business Day. 

(q)    Obligations in Respect of Letters of Credit Unconditional.    The
obligations of the Borrower under Section 2.05(o) above shall be absolute, unconditional and irrevocable, and shall be performed strictly in accordance with the terms of this Agreement under all circumstances whatsoever, including the
following circumstances: 
 (i)    any lack of validity or enforceability of this Agreement
or any Letter of Credit or any document related hereto or thereto; 
 (ii)    any amendment
or waiver of or any consent to departure from all or any of the provisions of this Agreement or any Letter of Credit or any document related hereto or thereto, in each case consented to by the Borrower; 

(iii)    the use which may be made of the Letter of Credit by, or any acts or omission of, a
beneficiary of a Letter of Credit (or any Person for whom the beneficiary may be acting); 

(iv)    the existence of any claim, set-off, defense or other rights that the Borrower may have at any
time against a beneficiary of a Letter of Credit (or any Person for whom the beneficiary may be acting), the Administrative Agent, the Issuing Lender or any other Person, whether in connection with this Agreement or any Letter of Credit or any
document related hereto or thereto or any unrelated transaction; 
  

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 (v)    any statement or any 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 whatsoever; 

(vi)    payment under a Letter of Credit against presentation to the Issuing Lender of a draft or
certificate that does not comply with the terms of such Letter of Credit; provided that the Issuing Lender’s determination that documents presented under such Letter of Credit comply with the terms thereof shall not have constituted
gross negligence, bad faith or willful misconduct of either Issuing Lender (as finally determined by a court of competent jurisdiction); or 

(vii)    any other act or omission to act or delay of any kind by the Administrative Agent, any
Issuing Lender or any other Person or any other event or circumstance whatsoever that might, but for the provisions of this subsection (vii), constitute a legal or equitable discharge of the Borrower’s obligations hereunder. 

Section 2.06    Interest. 

(a)    Rate Options Applicable to Loans.    Each Borrowing shall be comprised of
Base Rate Loans or (except in the case of Swingline Loans, which shall be made and maintained as Base Rate Loans only) Eurodollar Loans, as the Borrower may request pursuant to Section 2.02; provided, however, that the
Borrower may not request a Eurodollar Loan until after the one month anniversary of the Closing Date unless the Administrative Agent agrees. Borrowings of more than one Type may be outstanding at the same time; provided, however, that
the Borrower may not request any Borrowing that, if made, would result in an aggregate of more than 10 separate groups of Eurodollar Loans having the same Interest Period being outstanding hereunder at any one time. For this purpose, Loans having
different Interest Periods, regardless of whether commencing on the same date, shall be considered separate groups. 

(b)    Base Rate Loans.    Each Loan which is made as, or converted into, a Base
Rate Loan shall bear interest on the outstanding principal amount thereof, for each day from the date such Loan is made as, or converted into, a Base Rate Loan until it becomes due or is converted into a Loan of any other Type, at a rate per annum
equal to the Base Rate for such day plus the then Applicable Margin. Such interest shall be payable in arrears on each Interest Payment Date and, with respect to the principal amount of any Base Rate Loan converted to a Eurodollar Loan, on the date
such Base Rate Loan is so converted. 
 (c)    Eurodollar Loans.    Each
Eurodollar Loan shall bear interest on the outstanding principal amount thereof, for each day during the Interest Period applicable thereto, at a rate per annum equal to the sum of the applicable Adjusted Eurodollar Rate for such Interest Period
plus the then Applicable Margin. Such interest shall be payable for each Interest Period on each Interest Payment Date. 

(d)    Determination and Notice of Interest Rates.    The Administrative Agent
shall determine each interest rate applicable to the Loans hereunder in accordance with the terms hereof. The Administrative Agent shall give prompt notice to the Borrower and the participating Lenders of each rate of interest so determined, and its
determination thereof shall be conclusive in the absence of manifest error. Any such notice shall, without the necessity of the Administrative Agent so stating in such notice, be subject to the provisions of the definition of “Applicable
Margin” providing for adjustments in the Applicable Margin from time to time. When during an Interest Period any event occurs that causes an adjustment in the Applicable Margin applicable to Loans to which such Interest Period is
applicable, the Administrative Agent shall give prompt notice to the Borrower and the applicable Lenders affected thereby of such event and the adjusted rate of interest so determined for such Loans, and its determination thereof shall be conclusive
in the absence of manifest error. 
  

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 (e)    Default Interest.    Upon the
occurrence and during the continuance of an Event of Default, the overdue principal of and, to the extent permitted by law, overdue interest on the Loans and any other overdue amounts owing herein or under the other Finance Documents shall bear
interest, payable on demand, at a per annum rate equal to (i) in the case of principal of any Loan, the rate otherwise applicable to such Loan during such period pursuant to this Section 2.06 plus 2.00% and (ii) in the case of
any other amount, if expressly provided for herein, at the rate so provided and otherwise at the Base Rate plus the Applicable Margin for Base Rate Loans plus 2.00%. 

Section 2.07    Extension and Conversion. 

(a)    Continuation and Conversion Options.    The Loans included in each Borrowing
shall bear interest initially at the Type of rate allowed by Section 2.06 and as specified by the Borrower in the applicable Notice of Borrowing. Thereafter, the Borrower shall have the option to elect to change or continue the Type of
interest rate borne by each Loan (subject in each case to the provisions of Article III and subsection 2.07(d)), as follows: 

(i)    if such Loans are Base Rate Loans, the Borrower may elect pursuant to a Notice of
Extension/Conversion to convert such Loans to Eurodollar Loans as of any Business Day; and 

(ii)    if such Loans are Eurodollar Loans, the Borrower may elect to convert such Loans to Base Rate
Loans or elect to continue such Loans as Eurodollar Loans for an additional Interest Period, subject to Section 3.05 in the case of any such conversion or continuation effective on any day other than the last day of the then current
Interest Period applicable to such Loans. 
 Each such election shall be made by delivering a notice, substantially in the form of Exhibit
A-2 hereto (a “Notice of Extension/Conversion”) or by telephone promptly confirmed by a Notice of Extension/Conversion, which notice shall not thereafter be revocable by the Borrower, to the Administrative Agent not later than
12:00 Noon on the second Business Day before the conversion or continuation selected in such notice is to be effective. A Notice of Extension/Conversion may, if it so specifies, apply to only a portion of the aggregate principal amount of the
relevant Loans; provided that the portion to which such Notice applies, and the remaining portion to which it does not apply, are each $1,000,000 or any larger multiple of $100,000. 

(b)    Contents of Notice of Extension/Conversion.    Each Notice of Extension/
Conversion shall specify: 
 (i)    the Loans (or portion thereof) to which such notice
applies; 
 (ii)    the date on which the conversion or continuation selected in such notice
is to be effective, which shall comply with the applicable clause of subsection 2.07(a) above; 

(iii)    if the Loans are to be converted, the new Type of Loans and, if the Loans being converted are
to be Eurodollar Loans, the duration of the next succeeding Interest Period applicable thereto; and 
  

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 (iv)    if such Loans are to be continued as Eurodollar
Loans for an additional Interest Period, the duration of such additional Interest Period. 
 Each Interest Period specified in a Notice of
Interest Rate Election shall comply with the provisions of the definitions of the term “Interest Period”. If no Notice of Extension/Conversion is timely received prior to the end of an Interest Period for any Eurodollar Loans, the Borrower
shall be deemed to have elected that such Loans be converted to Base Rate Loans as of the last day of such Interest Period. 

(c)    Notification to Lenders.    Upon receipt of a Notice of Extension/Conversion
(written or telephonic as set forth above) from the Borrower pursuant to subsection 2.07(a) above, the Administrative Agent shall promptly notify each applicable Lender affected thereby of the contents thereof. 

(d)    Limitation on Conversion/Continuation Options.    The Borrower shall not be
entitled to elect to convert any Loans to, or continue any Loans for an additional Interest Period as, Eurodollar Loans if the aggregate principal amount of any group of Eurodollar Loans having the same Interest Period created or continued as a
result of such election would be less than $1,000,000. The Borrower shall not be entitled to elect to continue any Eurodollar Loans for an Interest Period in excess of one month if a Default shall have occurred and be continuing when the Borrower
delivers notice of such election to the Administrative Agent. 
 (e)    Accrued
Interest.    Accrued interest on a Loan (or portion thereof) being extended or converted shall be paid by the Borrower (i) with respect to any Base Rate Loan being converted to a Eurodollar Loan, on the last day of
the first fiscal quarter of the Borrower ending on or after the date of conversion and (ii) otherwise, on the date of extension or conversion. 

Section 2.08    Maturity of Loans. 

(a)    Maturity of Revolving Loans.    The Revolving Loans shall mature on the
Revolving Loan Maturity Date, and any Revolving Loans then outstanding (together with accrued interest thereon and fees in respect thereof) Swingline Loans then outstanding (together with accrued interest thereon) and LC Obligations shall be due and
payable in full on such date. 
 (b)    Scheduled Amortization of Term
Loans.    The Borrower shall repay, and there shall become due and payable (together with accrued interest thereon) on each Principal Amortization Payment Date set forth below, the principal amount of the Term Loan set
forth opposite each such Principal Amortization Payment Date as follows (provided that the amortization applicable to any New Term Loans shall be as set forth in the applicable Joinder Agreement): 

 

				
	 Principal Amortization

Payment Date
	  	Principal
Amortization
Payment

		
	 September 30, 2010
	  	$	725,000
	 December 31, 2010
	  	$	725,000
	 March 31, 2011
	  	$	725,000
	 June 30, 2011
	  	$	725,000
	 September 30, 2011
	  	$	725,000
	 December 31, 2011
	  	$	725,000
	 March 31, 2012
	  	$	725,000
	 June 30, 2012
	  	$	725,000
	 September 30, 2012
	  	$	725,000
	 December 31, 2012
	  	$	725,000
	 March 31, 2013
	  	$	725,000
	 June 30, 2013
	  	$	725,000
	 September 30, 2013
	  	$	725,000
	 December 31, 2013
	  	$	725,000
	 March 31, 2014
	  	$	725,000
	 June 30, 2014
	  	$	725,000
	 September 30, 2014
	  	$	725,000
	 December 31, 2014
	  	$	725,000
	 March 31, 2015
	  	$	725,000
	 June 30, 2015
	  	$	725,000
	 September 30, 2015
	  	$	725,000
	 December 31, 2015
	  	$	725,000
	 March 31, 2016
	  	$	725,000

  

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 The aggregate unpaid principal balance of the Term Loans then outstanding shall be due and payable in full
on the Term Loan Maturity Date. 
 Section 2.09    Prepayments. 

(a)    Voluntary Prepayments.    The Borrower shall have the right voluntarily to
prepay Loans in whole or in part from time to time, subject to Section 3.05 but otherwise without premium or penalty; provided, however, that (i) each partial prepayment of the Loans shall be in a minimum principal
amount of $1,000,000 and integral multiples of $100,000 in excess thereof and (ii) the Borrower shall have given prior written or telecopy notice (or telephone notice promptly confirmed by written or telecopy notice) to the Administrative
Agent, (A) in the case of any Base Rate Loan by 12:00 Noon at least one Business Day prior to the date of prepayment and (B), in the case of any Eurodollar Loan, by 12:00 Noon at least three Business Days prior to the date of prepayment.
Each notice of prepayment shall specify the prepayment date, the principal amount remaining and amount to be prepaid, whether the Loan to be prepaid is a Revolving Loan, Term Loan or Swingline Loan, whether the Loan to be prepaid is a Eurodollar
Loan or a Base Rate Loan and, in the case of a Eurodollar Loan, the Interest Period of such Loan. Each notice of prepayment shall be irrevocable and shall commit the Borrower to prepay such Loan by the amount, and on the date stated therein (except
that such notice may be conditioned on the availability of replacement credit facilities, in the case of a prepayment of all outstanding Loans). Subject to the foregoing, amounts prepaid under this Section 2.09(a) shall be applied as the
Borrower may elect; provided that if the Borrower fails to specify the application of a voluntary prepayment, then such prepayment shall be applied first to Revolving Loans to the full extent thereof (without a permanent reduction in the
Revolving Committed Amount), then to Swingline Loans to the full extent thereof (without a permanent reduction in the Revolving Committed Amount), then to Term Loans, in each case first to Base Rate Loans and then to Eurodollar Loans in the direct
order of Interest Period maturity. In the case of prepayments of Term Loans, such prepayments shall be applied to the remaining installments of principal of the Principal Amortization Payments and the final payment of the aggregate unpaid balance of
Term Loans on the Term Loan Maturity Date on a pro rata basis and may not be reborrowed. Subject to the satisfaction or waiver of Section 4.02, voluntary prepayments of Revolving Loans may be reborrowed at any time. All prepayments under
this Section 2.09(a) shall be accompanied by accrued interest on the principal amount being prepaid to the date of payment. 

(b)    Mandatory Prepayments. 

(i)    Revolving Committed Amount.    If on any date the aggregate
Revolving Outstandings exceed the Revolving Committed Amount, the Borrower shall repay, and there shall 
  

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become due and payable (together with accrued interest thereon), on such date an aggregate principal amount of Swingline Loans equal to such excess. If the outstanding Swingline Loans have been
repaid in full, the Borrower shall prepay, and there shall become due and payable (together with accrued interest thereon), Revolving Loans in such amounts as are necessary so that, after giving effect to the repayment of the Swingline Loans and the
repayment of Revolving Loans, the aggregate Revolving Outstandings do not exceed the Revolving Committed Amount. If the outstanding Revolving Loans and Swingline Loans have been repaid in full, the Borrower shall Cash Collateralize LC Obligations so
that, after giving effect to the repayment of Swingline Loans and Revolving Loans and the Cash Collateralization of LC Obligations pursuant to this subsection (i), the aggregate Revolving Outstandings do not exceed the Revolving Committed
Amount. In determining the aggregate Revolving Outstandings for purposes of this subsection (i), LC Obligations shall be reduced to the extent that they are Cash Collateralized as contemplated by this subsection (i). Each prepayment of
Revolving Loans required pursuant to this subsection (i) shall be applied ratably among outstanding Revolving Loans based on the respective amounts of principal then outstanding. Each Cash Collateralization of LC Obligations required by
this subsection (i) shall be applied ratably among LC Obligations based on the respective amounts thereof then outstanding. 

(ii)    Excess Cash Flow.    Within 125 days after the end of each
fiscal year of the Borrower (commencing with the fiscal year ending December 31, 2011), the Borrower shall prepay the Loans and/or Cash Collateralize or pay the LC Obligations in an aggregate amount equal to (A) 50% of the Excess Cash Flow
for such prior fiscal year if the Total Leverage Ratio as of the last day of such prior fiscal year was equal to or greater than 4.75 to 1.0, (B) 25% of the Excess Cash Flow for such prior fiscal year if the Total Leverage Ratio as of the last
day of such prior fiscal year was less than 4.75 to 1.0 but equal to or greater than 4.00 to 1.0 or (C) 0% of the Excess Cash Flow for the prior fiscal year if the Total Leverage Ratio as of the last day of such prior fiscal year was less than
4.00 to 1.0, in the case of each of clauses (A), (B) and (C), less the amount of optional prepayments of (x) Term Loans and New Term Loans and (y) Revolving Loans and Swingline Loans (to the extent the Revolving Commitments or the
Swingline Commitments are permanently reduced at the time of such payment) during such prior fiscal year. 

(iii)    Asset Dispositions, Casualties and Condemnations,
etc.    Within five Business Days after receipt by any Group Company of proceeds from any Asset Disposition (other than an Excluded Asset Disposition), Casualty or Condemnation, the Borrower shall prepay the Loans and/or
Cash Collateralize or pay the LC Obligations in an aggregate amount equal to 100% of the Net Cash Proceeds of such Asset Disposition, Casualty or Condemnation, as applicable; provided, that the Borrower shall have the option, upon written
notice to the Administrative Agent, directly or through one or more of its Subsidiaries, to invest such proceeds within one year of receipt thereof in long-term productive assets of the general type used in the business of the Borrower and its
Subsidiaries (provided that if, prior to the expiration of such one year period, the Borrower, directly or through its Subsidiaries, shall have entered into a binding agreement providing for such investment on or prior to the expiration of an
additional one hundred eighty (180) day period, such one year period shall be extended to the date provided for such investment in such binding agreement); 

(iv)    Debt Issuances.    Within one Business Days after receipt by
any Group Company of proceeds from any Debt Issuance (other than any Debt Issuance permitted pursuant to Section 7.01 of this Agreement), the Borrower shall prepay the Loans and/or Cash Collateralize or pay the LC Obligations in an
aggregate amount equal to 100% of the Net Cash Proceeds of such Debt Issuance. 
  

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 (v)    Application of Mandatory
Prepayments.    All amounts required to be paid pursuant to this Section 2.09(b) shall be applied as follows: 

(A)    with respect to all amounts paid pursuant to Section 2.09(b)(i) in the order
provided in such Section; and 
 (B)    with respect to all amounts paid pursuant to
Section 2.09(b)(ii), (iii) or (iv), subject to Section 2.09(b)(x) below, to the Term Loans (applied to the remaining Principal Amortization Payments and the final payment of the aggregate unpaid balance of Term
Loans on the Term Loan Maturity Date on a pro rata basis). 
 (vi)    Order of
Applications.    All amounts allocated to Revolving Outstandings as provided in this Section 2.09(b) shall be applied, first, to Swingline Loans, second, after all Swingline Loans have been repaid, to
Revolving Loans, and third, after all Revolving Loans have been repaid, to Cash Collateralize or pay the LC Obligations; provided that any balance of such amounts remaining after all Revolving Loans have been repaid and, if applicable, all LC
Obligations have been Cash Collateralized shall be applied to the Term Loans in each case ratably to the remaining Principal Amortization Payments of all Term Loans. Within the parameters of the applications set forth above, prepayments of Revolving
Loans and Term Loans shall be applied first to Base Rate Loans and then, subject to subsection (vii) below, to Eurodollar Loans in direct order of Interest Period maturities. All prepayments under this Section 2.09(b) shall
be subject to Section 3.05. All prepayments under this Section 2.09(b) shall be accompanied by accrued interest on the principal amount being prepaid to the date of payment. 

(vii)    Prepayment Accounts.    Amounts to be applied as provided
in subsection (vi) above to the prepayment of Revolving Loans or Term Loans shall be applied first to reduce outstanding Base Rate Loans. Any amounts remaining after each such application shall, at the option of the Borrower, be applied
to prepay Eurodollar Loans immediately and/or shall be deposited in a separate Prepayment Account (as defined below) for the Loans. The Administrative Agent shall apply any cash deposited in the Prepayment Account for any Loans, upon withdrawal by
the Collateral Agent, to prepay Eurodollar Loans on the last day of their respective Interest Periods (or, at the direction of the Borrower, on any earlier date) until all outstanding Loans have been prepaid or until all the allocable cash on
deposit in the Prepayment Account has been exhausted. Concurrently with such application, the aggregate amount of any interest or profits earned on the amount so applied shall be withdrawn by the Collateral Agent and paid to the order of the
Borrower. For purposes of this Agreement, the term “Prepayment Account” for any Loans shall mean an account (which may include the Prepayment Account established under the Security Agreement) established by the Borrower with the
Collateral Agent and over which the Collateral Agent shall have exclusive dominion and control, including the exclusive right of withdrawal for application in accordance with this subsection (vii). The Collateral Agent will, at the request of
the Borrower, invest amounts on deposit in the Prepayment Account for any Loans in Cash Equivalents that mature prior to the last day of the applicable Interest Periods of the Eurodollar Loans to be prepaid; provided, however, that
(i) the Collateral Agent shall not be required to make any investment that, in its sole judgment, would require or cause the Collateral Agent to be in, or would result in any, violation of any Law, (ii) such Cash Equivalents shall be
subjected to a first priority perfected security interest in favor of the Collateral Agent and (iii) if any Event of Default shall have occurred and be continuing, the selection of such Cash Equivalents shall be in the sole discretion of the
Collateral Agent. The Borrower shall indemnify the Collateral Agent for any losses relating to such investments in Cash Equivalents so that the amount available to prepay Eurodollar Loans on the last day of the applicable Interest Periods is not
less than the amount that would have been available had no 
  

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investments been made pursuant thereto. Other than any interest or profits earned on such investments, the Prepayment Accounts shall not bear interest. Interest or profits, if any, on the
investments in any Prepayment Account shall accumulate in such Prepayment Account and be paid to the Borrower as provided above. If the maturity of the Loans has been accelerated pursuant to Section 8.02, the Administrative Agent may, in
its sole discretion, cause the Collateral Agent to withdraw amounts on deposit in the Prepayment Account for any Loans and apply such funds to satisfy any of the Senior Obligations related to such Loans. 

(viii)    Payments Cumulative.    Except as otherwise expressly
provided in this Section 2.09, payments required under any subsection or clause of this Section 2.09 are in addition to payments made or required under any other subsection or clause of this Section 2.09.

 (ix)    Notice.    The Borrower shall give to the
Administrative Agent and the Lenders at least five Business Days’ prior written or telecopy notice of each and every event or occurrence requiring a prepayment under Section 2.09(b)(ii), (iii), or (iv), including the amount
of Net Cash Proceeds expected to be received therefrom, the expected schedule for receiving such Net Cash Proceeds; provided, however, that in the case of any prepayment event consisting of a Casualty or Condemnation, the Borrower
shall give such notice within five Business Days after the occurrence of such event. 

(x)    Waivable Mandatory Prepayment.    Each Term Lender may
exercise its option to refuse a mandatory prepayment of its Term Loan (a “Waivable Mandatory Prepayment”) by giving written notice to the Borrower and the Administrative Agent of its election to do so on or before the third Business
Day prior to the prepayment date (it being understood that any Term Lender which does not notify the Borrower and the Administrative Agent of its election to exercise such option on or before the third Business Day prior to the prepayment date shall
be deemed to have elected, as of such date, not to exercise such option). On the prepayment date, the Borrower shall pay to the Administrative Agent the amount of the Waivable Mandatory Prepayment, which amount shall be applied (i) in an amount
equal to that portion of the Waivable Mandatory Prepayment payable to those Term Lenders that have elected not to exercise such option, to prepay the Term Loans of such Term Lenders in accordance with Section 2.09(b)(v) and (ii) in an
amount equal to that portion of the Waivable Mandatory Prepayment otherwise payable to those Term Lenders that have elected to exercise such option, to prepay the Term Loans held by those Term Lenders that have elected not to exercise such option in
accordance with Section 2.09(b)(v). 
 Section 2.10    Adjustment of Commitments.

 (a)    Optional Termination or Reduction of Commitments
(Pro-Rata).    The Borrower may, without premium or penalty, from time to time permanently reduce or terminate the Revolving Committed Amount in whole or in part (in minimum aggregate amounts of $1,000,000 or in integral
multiples of $100,000 in excess thereof (or, if less, the full remaining amount of the then applicable Revolving Committed Amount)) upon one Business Days’ prior written or telecopy notice to the Administrative Agent; provided,
however, that no such termination or reduction shall be made which would cause the Revolving Outstandings to exceed the Revolving Committed Amount as so reduced unless, concurrently with such termination or reduction, the Revolving Loans are
repaid or, if no Revolving Loans are outstanding, the Swingline Loans are repaid and, after the Swingline Loans have been paid in full, the LC Obligations are Cash Collateralized to the extent necessary to eliminate such excess. The Administrative
Agent shall promptly notify each affected Lender of the receipt by the Administrative Agent of any notice from the Borrower pursuant to this Section 2.10(a). Any partial reduction of the Revolving Committed Amount pursuant to this
Section 2.10(a) shall be applied to the 
  

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Revolving Commitments of the Lenders pro-rata based upon their respective Revolving Commitment Percentages. The Borrower shall pay to the Administrative Agent for the account of the Lenders in
accordance with the terms of Section 2.11, on the date of each termination or reduction of the Revolving Committed Amount, any fees accrued through the date of such termination or reduction on the amount of the Revolving Committed Amount
so terminated or reduced. 
 (b)    Mandatory Reductions.    On any date
that any Revolving Loans are required to be prepaid, Swingline Loans are required to be prepaid and/or LC Obligations are required to be Cash Collateralized pursuant to the terms of Section 2.09(b)(vi) (or would be so required if any
Revolving Loans, Swingline Loans or LC Obligations were outstanding), the Revolving Committed Amount shall be automatically and permanently reduced by the total amount of such required prepayments and cash collateral (and, in the event that the
amount of any payment referred to in Section 2.09(b) which is allocable to the Revolving Outstandings exceeds the amount of all outstanding Revolving Outstandings, the Revolving Committed Amount shall be further reduced by 100% of such
excess). 
 (c)    Termination.    The Revolving Commitments of the
Lenders and the LC Commitments of the Issuing Lenders shall terminate automatically on the Revolving Loan Maturity Date. The Swingline Commitment of the Swingline Lender shall terminate automatically on the Swingline Termination Date. 

(d)    Optional Termination of Commitments (Non-Pro-Rata).    If (1) any
Lender has demanded compensation or indemnification pursuant to Section 3.01 or Section 3.04, (2) the obligation of any Lender to make Eurodollar Loans has been suspended pursuant to Section 3.02,
(3) any Lender is a Defaulting Lender or (4) any Lender has failed to consent to a proposed amendment, waiver, discharge or termination which pursuant to the terms of Section 10.03 or any other provision of any Finance Document
requires the consent of more than the Required Lenders and with respect to which the Required Lenders shall have granted their consent, the Borrower shall have the right, if no Default or Event of Default then exists, to (x) remove such Lender
by terminating such Lender’s Commitment in full or (y) replace such Lender by causing such Lender to assign its Commitment to one or more existing Lenders or Eligible Assignees pursuant to Section 10.06. The replacement of a
Lender pursuant to clause (2) above shall be effective on the date of notice of such replacement to the Lenders through the Administrative Agent (the “Replacement Date”), subject to the satisfaction of the following
conditions: 
 (i)    each replacement Lender and/or Eligible Assignee, and the
Administrative Agent acting on behalf of each Lender subject to replacement, shall have satisfied the conditions to an Assignment and Assumption set forth in Section 10.06(b) and in connection therewith the replacement Lender(s) and/or
Eligible Assignee(s) shall pay: 
 (A)    to each Lender subject to replacement an amount
equal in the aggregate to the sum of (x) the principal of, and all accrued but unpaid interest on, its outstanding Loans, (y) the amount of all LC Disbursements that have been funded by (and not reimbursed to) it under
Section 2.05, together with all accrued but unpaid interest with respect thereto, and (z) all accrued but unpaid fees owing to it pursuant to Section 2.11; and 

(B)    to the Issuing Lenders an amount equal to the aggregate amount owing by the replaced Lenders to
the Issuing Lenders as reimbursement pursuant to Section 2.05, to the extent such amount was not theretofore funded by such replaced Lenders; and 
  

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 (ii)    the Borrower shall have paid to the
Administrative Agent for the account of each replaced Lender an amount equal to all obligations owing to such replaced Lenders by the Borrower pursuant to this Agreement and the other Finance Documents (other than those obligations of the Borrower
referred to in clause (i)(A) above). 
 In the case of the removal of a Lender pursuant to this
Section 2.10(d), upon (i) payment by the Borrower to the Administrative Agent for the account of the Lender subject to such removal of an amount equal to the sum of (A) the aggregate principal amount of all Loans and LC
Obligations held by such Lender and (B) all accrued interest, fees and other amounts owing to such Lender hereunder, including all amounts payable by the Borrower to such Lender under Article III or Sections 10.04 and
10.05, and (ii) provision by the Borrower to the Swingline Lender and each Issuing Lender of appropriate assurances and indemnities (which may include letters of credit) as each may reasonably require with respect to any continuing
obligation of such removed Lender to purchase Participation Interests in any LC Obligations or Swingline Loans then outstanding, such Lender shall, without any further consent or other action by it, cease to constitute a Lender hereunder; provided
that the provisions of this Agreement (including the provisions of Article III and Sections 10.04 and 10.05) shall continue to govern the rights and obligations of a removed Lender with respect to any Loans made, any Letters of
Credit issued or any other actions taken by such removed Lender while it was a Lender. 

(e)    General.    The Borrower shall pay to the Administrative Agent for the
account of the Lenders in accordance with the terms of Section 2.11, on the date of each termination or reduction of the Revolving Committed Amount, the Commitment Fee accrued through the date of such termination or reduction on the
amount of the Revolving Committed Amount so terminated or reduced. 
 Section 2.11    Fees.

 (a)    Revolving Commitment Fee.    The Borrower shall pay to the
Administrative Agent for the account of each Revolving Lender a fee (the “Commitment Fee”) on such Lender’s pro rata share of the daily Unused Revolving Committed Amount (based on the percentage that its Revolving Commitment
bears to the aggregate Revolving Commitments), computed at a per annum rate for each day equal to 0.75% of such Unused Revolving Committed Amount. For purposes of calculating such Lender’s pro rata share of the daily unused Revolving Committed
Amount in this Section 2.11(a), Swingline Loans will not be included in subsection (ii)(A) of the definition of “Unused Revolving Commitment Amount.” The Commitment Fee shall commence to accrue on the Closing Date
and shall be due and payable in arrears on the last Business Day of each March, June, September and December (and any date that the Revolving Committed Amount is reduced as provided in Section 2.10(a) or (b) and the Revolving
Loan Maturity Date) for the quarter or portion thereof ending on each such date, beginning with the first of such dates to occur after the Closing Date. 

(b)    Letter of Credit Fees. 

(i)    Revolving Commitment Letter of Credit Fee.    The Borrower
shall pay to the Administrative Agent for the account of each Revolving Lender on such Revolving Lender’s pro rata share (based on the percentage that its Revolving Commitment bears to the aggregate Revolving Commitments) of the average daily
maximum amount of Participation Interests in Letters of Credit deemed purchased by Revolving Lenders under their Revolving Commitments in accordance with Section 2.05(e) and the definition of Revolving Commitment, computed at a per annum
rate for each day from the date of issuance to the date of expiration of the applicable Letters of Credit equal to the Applicable Margin for Eurodollar Loans. All Letter of Credit Fees described in this Section 2.11(b)(i) will be payable
quarterly in arrears on the last Business Day of each March, June, September and December for the immediately preceding quarter (or portion thereof), beginning with the first of such dates to occur after the date of issuance of such Letter of
Credit. 
  

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 (ii)    Fronting
Fees.    The Borrower shall pay directly to the Issuing Lender for its own account a fronting fee with respect to each Letter of Credit, in an amount to be agreed between the Borrower and the relevant Issuing Lender, such
fronting fee to be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with the first such date after the issuance of such Letter of Credit, and on the Revolving Loan Maturity Date.

 (iii)    Issuing Lender Fees.    In addition to the
Letter of Credit Fee payable pursuant to clause (i) above and any fronting fees payable pursuant to clause (ii) above, the Borrower promises to pay to the Issuing Lender for its own account without sharing by the other
Lenders the letter of credit fronting and negotiation fees agreed to by the Borrower and the Issuing Lender from time to time and the customary charges from time to time of the Issuing Lender with respect to the issuance, amendment, transfer,
administration, cancellation and conversion of, and drawings under, each Letter of Credit (collectively, the “Issuing Lender Fees”). 

(iv)    Computation of Certain Fees after Default.    Upon the
occurrence and during the continuance of any Event of Default, any overdue Letter of Credit Fee payable under subsection (i) above shall be computed at a rate per annum equal to the relevant Applicable Margin for Eurodollar Loans plus
2.00%. 
 (c)    Closing Fees.    The Borrower agrees to pay on the
Closing Date to each Lender party to this Agreement as a Lender on the Closing Date, as fee compensation for the funding of such Lender’s Loan and unfunded Revolving Commitments, a closing fee in an amount equal to (i) 0.50% of the stated
principal amount of such Lender’s Term Loan and (ii) 2.00% of the stated principal amount of such Lender’s Revolving Loan and unfunded Revolving Commitments (which shall include the face amount of any issued and undrawn Letters of
Credit) (the “Closing Fees”), payable, in each case, to such Lender from the proceeds of its Loan as and when funded on the Closing Date. Such closing fee shall be in all respects fully earned, due and payable on the Closing Date
and non-refundable and non-creditable thereafter. 
 Section 2.12    Pro-Rata Treatment.
Except to the extent otherwise provided herein (including Section 2.08(a)): 

(a)    Loans.    Each Borrowing, each payment or prepayment (which shall not
include any assignment permitted under Section 10.06) by any Credit Party of principal of or interest on any Loan, each payment of fees (other than the Issuing Lender Fees retained by the Issuing Lender for its own account and the
administrative fees retained by the Agents for their own account), each reduction of the Revolving Committed Amount and each conversion or continuation of any Loan, shall be allocated ratably amongst the relevant Lenders; provided that, in
the event any amount paid to any Lender pursuant to this subsection (a) is rescinded or must otherwise be returned by the Administrative Agent, each Lender shall, upon the request of the Administrative Agent, repay to the Administrative
Agent the amount so paid to such Lender, with interest for the period commencing on the date such payment is returned by the Administrative Agent until the date the Administrative Agent receives such repayment at a rate per annum equal to, during
the period to but excluding the date two Business Days after such request, the Federal Funds Rate, and thereafter, the Base Rate plus 2.00% per annum. 
  

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 (b)    Letters of Credit.    Each
payment of LC Obligations shall be allocated to each Revolving Lender pro-rata in accordance with its Revolving Commitment Percentage; provided that, if any Revolving Lender shall have failed to pay its applicable pro-rata share of any LC
Disbursement, then any amount to which such Revolving Lender would otherwise be entitled pursuant to this subsection (b) shall instead be payable to the Issuing Lender; provided, further, that in the event any amount paid
to any Revolving Lender pursuant to this subsection (b) is rescinded or must otherwise be returned by the Issuing Lender, each Revolving Lender shall, upon the request of the Issuing Lender, repay to the Administrative Agent for the
account of the Issuing Lender the amount so paid to such Revolving Lender, with interest for the period commencing on the date such payment is returned by the Issuing Lender until the date the Issuing Lender receives such repayment at a rate per
annum equal to, during the period to but excluding the date two Business Days after such request, the Federal Funds Rate, and thereafter, the Base Rate plus 2.00% per annum. 

Section 2.13    Sharing of Payments. The Lenders agree among themselves that, except to the extent
otherwise provided herein (including Section 10.06), if any Lender shall obtain payment in respect of any Loan, unreimbursed LC Disbursements or any other obligation owing to such Lender under this Agreement through the exercise of a right of
setoff, banker’s lien or counterclaim, or pursuant to a secured claim under Section 506 of the Bankruptcy Code or other security or interest arising from, or in lieu of, such secured claim, received by such Lender under any applicable
bankruptcy, insolvency or other similar law or otherwise, or by any other means, in excess of its pro-rata share of such payment as provided for in this Agreement, such Lender shall promptly pay in cash or purchase from the other Lenders a
participation in such Loans, unreimbursed LC Disbursements, and other obligations in such amounts, and make such other adjustments from time to time, as shall be equitable to the end that all Lenders share such payment in accordance with their
respective ratable shares as provided for in this Agreement; provided that nothing in this Section 2.13 shall impair the right of any Lender to exercise any right of set-off or counterclaim it may have for payment of indebtedness
of the Borrower other than its indebtedness hereunder. The Lenders further agree among themselves that if payment to a Lender obtained by such Lender through the exercise of a right of setoff, banker’s lien, counterclaim or other event as
aforesaid shall be rescinded or must otherwise be restored, each Lender which shall have shared the benefit of such payment shall, by payment in cash or a repurchase of a participation theretofore sold, return its share of that benefit (together
with its share of any accrued interest payable with respect thereto) to each Lender whose payment shall have been rescinded or otherwise restored. The Credit Parties agree that any Lender so purchasing such a participation may, to the fullest extent
permitted by law, exercise all rights of payment, including setoff, banker’s lien or counterclaim, with respect to such participation as fully as if such Lender were a holder of such Loan, LC Obligation or other obligation in the amount of such
participation. If under any applicable bankruptcy, insolvency or other similar law, any Lender receives a secured claim in lieu of a setoff to which this Section 2.13 applies, such Lender shall, to the extent practicable, exercise its
rights in respect of such secured claim in a manner consistent with the rights of the Lenders under this Section 2.13 to share in the benefits of any recovery on such secured claim. 

Section 2.14    Payments; Computations. 

(a)    Payments by the Borrower.    Each payment of principal of and interest on
Loans, LC Obligations and fees hereunder (other than fees payable directly to the Issuing Lenders) shall be paid not later than 2:00 P.M. on the date when due, in Federal or other funds immediately available to the Administrative Agent at the
account designated by it by notice to the Borrower. Each such payment shall be made irrespective of any set-off, counterclaim or defense to payment which might in the absence of this provision be asserted by the Borrower or any Affiliate of the
Borrower against any Agent or any Lender. Payments received after 2:00 P.M. shall be deemed to have been received on the next Business Day. The Borrower shall, at the time it makes any payments under this Agreement, specify to the

  

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Administrative Agent the Loan, Letters of Credit, fees or other amounts payable by the Borrower hereunder to which such payment is to be applied (and if any such specified application would be
inconsistent with the terms hereof, the Administrative Agent shall, subject to Section 2.12, distribute such payment to the Lenders in such manner as the Administrative Agent may deem reasonably appropriate). The Administrative Agent
will distribute such payments to the applicable Lenders on the date of receipt thereof, if such payment is received prior to 2:00 P.M.; otherwise the Administrative Agent may in its sole discretion distribute such payment to the applicable Lenders
on the date of receipt thereof or on the immediately succeeding Business Day. Whenever any payment hereunder shall be due on a day which is not a Business Day, the date for payment thereof shall be extended to the next succeeding Business Day unless
such Business Day falls in another calendar month, in which case the date for payment thereof shall be the next preceding Business Day. If the date for any payment of principal is extended by operation of law or otherwise, interest thereon shall be
payable for such extended time. The Borrower hereby authorizes and directs each Agent to debit any account maintained by the Borrower for such purpose with such Agent to pay when due any amounts required to be paid from time to time under this
Agreement as directed at such time(s) by the Borrower. 
 (b)    Distributions by the Administrative
Agent.    Unless the Administrative Agent shall have received notice (written or telephonic) from the Borrower prior to the date on which any payment is due to the Lenders hereunder that the Borrower will not make such
payment in full, the Administrative Agent may assume that the Borrower has made such payment in full to the Administrative Agent on such date, and the Administrative Agent may, in reliance upon such assumption, cause to be distributed to each Lender
on such due date an amount equal to the amount then due such Lender. If and to the extent that the Borrower shall not have so made such payment, each Lender shall repay to the Administrative Agent forthwith on demand such amount distributed to such
Lender together with interest thereon for each day from the date such amount is distributed to such Lender until the date such Lender repays such amount to the Administrative Agent at the Federal Funds Rate. To the extent that any Lender has failed,
in whole or in part, to fund any Loan or the purchase of any participations hereunder or to make any other payment, in each case, required to be funded or made by such Lender pursuant to this Agreement, the Administrative Agent shall be entitled to
set off the funding shortfall against such Lender’s pro rata share of all payments received from or on behalf of the Borrower or any Guarantor or on account of the Collateral. 

(c)    Computations.    Except for interest on Base Rate Loans which shall be
computed on the basis of a 365 or 366 day year as the case may be (unless the Base Rate is determined by reference to the Federal Funds Rate), all computations of interest and fees hereunder shall be made on the basis of the actual number of days
elapsed over a year of 360 days. Interest shall accrue from and including the date of borrowing (or continuation or conversion) but excluding the date of payment. 

Section 2.15    Incremental Loans. 

(a)    The Borrower may by written notice to the Administrative Agent elect to request the establishment of one or
more new term loan commitments (the “New Term Loan Commitments”) hereunder, in an aggregate principal amount for all such New Term Loan Commitments not in excess of $100,000,000 in the aggregate and not less than $15,000,000
individually (or such lesser amount that shall constitute the difference between $100,000,000 and all such New Term Loan Commitment obtained prior to such date); provided that New Term Loan Commitments and New Term Loans may only be made to
HGI. Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that the New Term Loan Commitments shall be effective, which shall be a date not less than 10 Business Days after the
date on which such notice is delivered to the Administrative Agent; provided that any Lender offered or approached to provide all or a portion of any New Term Loan Commitments may elect or decline, in its sole discretion, to provide such New
Term Loan Commitments. 
  

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 Such New Term Loan Commitments shall become effective as of such Increased Amount Date;
provided that (i) no Default or Event of Default shall exist on such Increased Amount Date before or after giving effect to such New Term Loan Commitments and to the making of any new term loans (the “New Term Loans”)
pursuant thereto and after giving effect to any Permitted Business Acquisition consummated in connection therewith; (ii) the conditions of Section 4.02 shall be met as of the Increased Amount Date and the Administrative Agent shall have
received an Officer’s Certificate to such effect; (iii) the Administrative Agent shall have received such opinions, resolutions, certificates and other documents and instruments as it shall reasonably request in order to ensure that the
New Term Loans are entitled to the ratable benefit of the Collateral Documents; (iv) the Borrower shall be in pro forma compliance with the financial covenants set forth in Section 7.16 on the Increased Amount Date and for
the most recently ended fiscal quarter; (v) the proceeds of any New Term Loans shall be used for general corporate purposes of the Borrower and its Subsidiaries (including Permitted Acquisitions); (vi) unless the applicable Joinder
Agreement provides for less favorable treatment in respect of such New Term Loans, the New Term Loans shall share ratably in the Collateral; (vii) the maturity date of such New Term Loans shall not be earlier than the Term Loan Maturity Date
and the weighted average life to maturity of the New Term Loans shall be not be shorter than the weighted average life to maturity of the existing Term Loans; (viii) all terms and documentation with respect to any New Loans which differ from
those with respect to the existing Term Loans shall be mutually agreed between the Borrower and the Lenders under the New Term Loans (except to the extent permitted in this paragraph); (ix) such New Term Loan Commitments shall be effected
pursuant to one or more Joinder Agreements executed by the Borrower, the Administrative Agent and one or more New Lenders; (x) all fees and expenses owing in respect of such New Term Loan to the Administrative Agent, the Collateral Agent and
the Lenders shall have been paid; and (xi) if the initial “spread” (for purposes of this Section 2.15 the “spread” with respect to any Term Loan shall be calculated as the sum of the Eurodollar Loan margin on the
relevant Term Loan plus any original issue discount, upfront fees and interest rate floors in lieu of original issue discount (other than any arranging fees, underwriting fees and commitment fees) (based on an assumed four-year average life for the
existing Term Loans (e.g., 100 basis points in original issue discount or upfront fees equals 25 basis points of interest rate margin))) relating to the New Term Loans exceeds the spread then in effect with respect to the existing Term Loans by more
than 0.25%, the Applicable Margin relating to the existing Term Loans shall be adjusted to the extent necessary to cause the spread relating to such New Term Loans not to exceed the spread applicable to the existing Term Loans by more than 0.25%.
Any New Term Loans made on an Increased Amount Date that have terms and provisions that differ from those of the Term Loans outstanding on the date on which such New Term Loans are made shall be designated as a separate tranche (a
“Tranche”) of Term Loans for all purposes of this Agreement. 
 (b)    On any Increased
Amount Date on which any New Term Loan Commitment becomes effective, subject to the foregoing terms and conditions, each lender with a New Term Loan Commitment (each, a “New Lender”) shall become a Lender hereunder with respect to
such New Term Loan Commitment. 
 (c)    The terms and provisions of the New Term Loan Commitments of any
Tranche shall be identical to those of the applicable existing Term Loans and for purposes of this Agreement, any New Term Loans (except as otherwise agreed between the Borrower and the applicable New Lenders but subject to the restrictions of
Section 2.15(a)) or New Term Loan Commitments shall be deemed to be Term Loans or Term Loan Commitments, as applicable. 
  

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 Section 2.16    Certain Provisions Regarding Defaulting
Lenders. Notwithstanding anything to the contrary contained in this Agreement, if any Swingline Exposure or LC Exposure exists at the time a Revolving Lender becomes a Defaulting Lender (such Lender, a “Defaulting Revolving
Lender”) then: 
 (i)    all or any part of such Defaulting Revolving Lender’s
Swingline Exposure and LC Exposure shall be reallocated among the non-Defaulting Revolving Lenders in accordance with their respective Revolving Commitments but only to the extent (i) the sum of all non-Defaulting Revolving Lenders’
Revolving Outstandings plus such Defaulting Revolving Lender’s Revolving Outstandings do not exceed the total of all non-Defaulting Revolving Lenders’ Revolving Commitments and (ii) the conditions set forth in Section 4.02
are satisfied at such time; 
 (ii)    if the reallocation described in clause (i) above
cannot, or can only partially, be effected, the Borrower shall (1) first, within one Business Day following notice by the Administrative Agent, prepay any outstanding Swingline Loans to the extent the Swingline Exposure related thereto has not
been reallocated pursuant to clause (i) above and (2) second, within five Business Days following notice by the Administrative Agent, cash collateralize such Defaulting Revolving Lender’s LC Exposure (after giving effect to any
partial reallocation pursuant to clause (i) above) for so long as such LC Exposure is outstanding; and 

(iii)    if the LC Exposure of a Defaulting Revolving Lender is reallocated among the non-Defaulting
Revolving Lenders pursuant to clause (i) above, then the fees payable to the Revolving Lenders pursuant to Section 2.11 shall be adjusted in accordance with such non-Defaulting Revolving Lenders’ pro rata percentages of such LC
Exposure. 
 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 

Section 3.01    Taxes. 

(a)    Payments Net of Certain Taxes.    Except as otherwise required by law, any
and all payments by or on behalf of any Credit Party to or for the account of any Lender or any Agent or any other recipient of any payment to be made by or on account of any obligation of any Credit Party hereunder or under any other Finance
Document shall be made free and clear of and without deduction for any and all present or future taxes, duties, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, excluding any and all Excluded Taxes (all
such non-Excluded Taxes being hereinafter referred to as “Taxes”). If any Credit Party (or any other Person that is the applicable withholding agent making payments on behalf of any Credit Party) shall be required by law to deduct
or withhold any Taxes or Other Taxes from or in respect of any sum payable under this Agreement or any other Finance Document to any Lender or any Agent, (i) the sum payable shall be increased as necessary so that after making all required
deductions and withholdings (including deductions and withholdings applicable to additional sums payable under this Section 3.01) such Lender or such Agent receives an amount equal to the sum it would have received had no such deductions
or withholdings been made, (ii) such Credit Party (or any other Person that is the applicable withholding agent making payments on behalf of any Credit Party) shall make such deductions and withholdings, (iii) such Credit Party (or any
other Person that is the applicable withholding agent making payments on behalf of any Credit Party) shall pay the full amount deducted or withheld to the relevant taxation authority or other authority in accordance with applicable law and
(iv) if a Credit Party is the applicable withholding agent, such Credit Party shall furnish to the Administrative Agent, at the Administrative Agent’s Office, the original or a certified copy of a receipt, if any, evidencing payment
thereof or other documentation evidencing such payment. 
 (b)    Other
Taxes.    In addition, the Borrower agrees to pay any and all present or future stamp or documentary, excise or property taxes or similar charges or levies (including mortgage recording taxes) which arise from any payment
made by it under this Agreement or any other Finance Document or from the execution, delivery, registration or enforcement of, or otherwise with respect to, this Agreement or any other Finance Document (hereinafter referred to as “Other
Taxes”). 
  

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 (c)    Indemnification.    The
Borrower agrees to indemnify each Lender and each Agent for the full amount of Taxes and Other Taxes (including any Taxes or Other Taxes imposed or asserted by any jurisdiction on amounts payable under this Section 3.01) or otherwise in
connection with this Agreement, as applicable, whether or not correctly or legally asserted, paid by such Lender or such Agent (as the case may be) and any liability (including penalties, interest and expenses) arising therefrom or with respect
thereto; provided, however, that if the Borrower reasonably believes that such Taxes or Other Taxes were not correctly or legally asserted, the Administrative Agent or the Lender, as the case may be, will use reasonable efforts to
cooperate with the Borrower at the Borrower’s own expense to obtain a refund of such Taxes or other Taxes so long as such efforts would not, in the sole discretion of the Administrative Agent or the Lender, as the case may be, result in any
additional costs, expenses or risks or be otherwise disadvantageous to it. 
 (d)    U.S. Tax Forms
and Certificates.    Each Lender that is not a “U.S. person” as defined in Section 7701(a)(30) of the Code (a “Non-U.S. Lender”), to the extent it is entitled to do so, on or prior to the date of
its execution and delivery of this Agreement in the case of each Lender listed on the signature pages hereof and on or prior to the date on which it becomes a Lender in the case of each other Lender, and from time to time thereafter as required by
law, upon the Borrower’s or Administrative Agent’s request and upon the obsolescence, expiration, or invalidity of any form previously delivered, shall provide the Borrower and the Administrative Agent (or, in the case of a Participant,
shall provide the Lender from which the related participation shall have been purchased) with two copies of (i) Internal Revenue Service Form W-8 BEN, W-8 IMY, W-8 EXP or W-8 ECI, as appropriate, and together with required attachments, or any
successor form prescribed by the Internal Revenue Service, each properly completed and duly executed by such Non­U.S. Lender, certifying that such Lender is entitled to benefits under an income tax treaty to which the United States is a party
which reduces the rate of withholding tax on payments of interest or certifying that the income receivable pursuant to this Agreement is effectively connected with the conduct of a trade or business in the United States, or (ii) in the case of
a Non­U.S. Lender claiming exemption from U.S. federal withholding tax under Section 871(h) or 881(c) of the Code with respect to payments of “portfolio interest,” an Internal Revenue Service Form W­8BEN together with a
statement substantially in the form of Exhibit N, or any successor form or certificate prescribed by the Internal Revenue Service, properly completed and duly executed by such Non­U.S. Lender. Each Non-U.S. Lender shall promptly notify the
Borrower and Administrative Agent at any time it determines that it is no longer in a position to provide any previously delivered certificate (or any other form of certification adopted by the U.S. taxing authorities for such purposes). In
addition, each Non-U.S. Lender shall provide any other information (including whether such Lender has complied with the FATCA) that the Administrative Agent needs in order to determine whether any United States withholding tax is applicable on any
amounts payable to such Lender under this Agreement. Any Lender that is not a Non-U.S. Lender shall provide two copies of Internal Revenue Service W-9, properly completed and duly executed by such Lender, to the Borrower and the Administrative Agent
on or before the date such Lender becomes a party to this Agreement. Should a Lender, which is otherwise exempt from or subject to a reduced rate of withholding tax, become subject to Taxes because of its failure to deliver a form required to be
delivered hereunder, the Borrower shall take such steps as such Lender shall reasonably request to assist such Lender to recover such Taxes from the applicable taxing authority at such Lender’s expense. 

(e)    Obligations in Respect of Non-U.S. Lenders.    The Borrower shall not be
required to indemnify any Non-U.S. Lender or to pay any additional amounts to any Non-U.S. Lender, in respect of Taxes (other than Other Taxes) pursuant to subsection (a) above to the extent that the obligation to withhold amounts with
respect to Taxes (other than Other Taxes) existed on the date such Non-U.S. 
  

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Lender became a party to this Agreement (or, in the case of a participant, on the date such participant acquired its participation interest) or, with respect to payments to a new Applicable
Lending Office, the date such Non-U.S. Lender designated such new Applicable Lending Office with respect to a Loan; provided, however, that this subsection (e) shall not apply (i) to any participant or new Applicable Lending Office
that becomes a participant or new Applicable Lending Office as a result of an assignment, participation, transfer or designation made at the request of the Borrower and (ii) to the extent the indemnity payment or additional amounts any
participant, or any Lender acting through a new Applicable Lending Office, would be entitled to receive (without regard to this subsection (e)) do not exceed the indemnity payment or additional amounts that the Person making the assignment,
participation or transfer to such participant, or Lender (or participant) making the designation of such new Applicable Lending Office, would have been entitled to receive in the absence of such assignment, participation, transfer or designation.

 (f)    Mitigation.    If any Credit Party is required to pay additional
amounts to or for the account of any Lender pursuant to this Section 3.01, or if any Lender requests compensation under Section 3.04 then such Lender agrees to use reasonable efforts to change the jurisdiction of its Applicable
Lending Office or to file or deliver to the Borrower any certificate or document so as to eliminate or reduce any such additional payment which may thereafter accrue if such change, filing or delivery, in the judgment of such Lender, is not
otherwise disadvantageous to such Lender. 
 (g)    Refunds or
Credits.    If any Lender or Agent receives (i) a refund from a taxation authority in respect of any tax for which it has been indemnified by a Credit Party or with respect to which a Credit Party has paid additional
amounts pursuant to this Section 3.01 or (ii) any credit (such credit to include any increase in any foreign tax credit, but net of any additional net income tax payable with respect to amounts paid by the Borrower pursuant to this
Section 3.01, adjusted for any savings in net income tax resulting from the payment or accrual of payments made or to be made by the Lender or Agent pursuant to this Section 3.01(g)) with respect to any tax for which it has been
indemnified by a Credit Party or with respect to which a Credit Party has paid additional amounts pursuant to this Section 3.01, which refund or credit in the sole judgment of such Lender or Agent is directly attributable to any such
indemnified tax or additional amounts, such Lender or Agent shall (within 30 days from the date of such receipt) pay over to such Credit Party the amount of such refund or credit (but only to the extent of indemnity payments made, or additional
amounts paid, by such Credit Party with respect to the tax giving rise to such refund or credit), net of all out-of-pocket expenses (including any taxes on a refund or on interest received or credited) which such Lender or Agent certifies that it
has reasonably determined to have been incurred in connection with obtaining such refund or credit so as to leave such Lender or Agent in no worse position than it would have been in had the tax giving rise to such refund or credit not been
incurred; provided, however, that (i) each Credit Party shall repay, upon the request of such Lender or Agent, the amount paid over to such Credit Party (plus penalties, interest or other charges) to such Lender or Agent in the event such
Lender or Agent is required to repay such refund or credit to such tax authority, (ii) such Lender or Agent, as the case may be, shall have no obligation to cooperate with respect to any contest (or continue to cooperate with respect to any
contest), or to seek or claim any refund or credit if such Lender or Agent determines that its interest would be adversely affected by so cooperating (or continuing to cooperate) or by seeking or claiming any such refund or credit and (iii) no
Credit Party shall have any right to examine the tax returns or other records of any Lender or Agent or to obtain any information with respect thereto by reason of the provisions of this Section 3.01 or any judgment or determination made by any
Lender or Agent pursuant to this Section 3.01. 

(h)    Survival.    The agreements and obligations of the Credit Parties contained
in this Section 3.01 shall survive the repayment of the Loans, LC Obligations and other obligations under the Finance Documents and the termination of the Commitments hereunder. 

 

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 Section 3.02    Change in Law, Etc. If, on or after the
date of this Agreement, the adoption of any applicable Law, or any change in any applicable Law, or any change in the interpretation or administration thereof by any Governmental Authority, central bank or comparable agency charged with the
interpretation or administration thereof, or compliance by any Lender (or its Applicable Lending Office) with any request or directive (whether or not having the force of Law) of any such authority, central bank or comparable agency shall make it
unlawful or impossible for any Lender (or its Applicable Lending Office) to make, maintain or fund any of its Eurodollar Loans and, in each such case, the affected Lender shall so notify the Administrative Agent, the Administrative Agent shall
forthwith give notice thereof to the other Lenders and the Borrower, whereupon, until each affected Lender notifies the Borrower and the Administrative Agent that the circumstances giving rise to such suspension no longer exist, (i) the
obligation of each affected Lender to make Eurodollar Loans, or to convert outstanding Loans into Eurodollar Loans, shall be suspended. Before giving any notice to the Administrative Agent pursuant to this Section 3.02, such Lender shall
designate a different Applicable Lending Office if such designation will avoid the need for giving such notice and will not, in the judgment of such Lender, be otherwise disadvantageous to such Lender. If such notice is given, each Eurodollar Loan
of such Lender then outstanding shall be converted to a Base Rate Loan either (i) on the last day of the then current Interest Period applicable to such Eurodollar Loan, if such Lender may lawfully continue to maintain and fund such Loan to
such day or (ii) immediately, if such Lender shall determine that it may not lawfully continue to maintain and fund such Loan to such day. 

Section 3.03    Basis for Determining Interest Rate Inadequate or Unfair. If on or prior to the
first day of any Interest Period for any Eurodollar Loan: 
 (i)    the Administrative Agent
determines (which determination shall be conclusive absent manifest error) that by reason of circumstances affecting the relevant market, adequate and reasonable means do not exist for ascertaining the applicable Eurodollar Rate for such Interest
Period; or 
 (ii)    Lenders having 50% or more of the aggregate amount of the Revolving
Commitments, Term Loan Commitments, or Term Loans, as applicable (or the aggregate outstanding principal balance of the Revolving Loans if the Revolving Commitments have expired or terminated) advise the Administrative Agent that the interest rate
applicable to Eurodollar Loans as provided for in the definition of Adjusted Eurodollar Rate as determined by the Administrative Agent will not adequately and fairly reflect the cost to such Lenders of funding their Eurodollar Loans for such
Interest Period; 
 the Administrative Agent shall forthwith give notice thereof to the Borrower and the relevant Lenders, whereupon, until the
Administrative Agent notifies the Borrower that the circumstances giving rise to such suspension no longer exist, (i) the obligations of the Lenders to make Eurodollar Loans, or to continue or convert outstanding Loans as or into Eurodollar
Loans, shall be suspended and (ii) each outstanding Eurodollar Loan shall be converted into a Base Rate Loan on the last day of the then current Interest Period applicable thereto. Unless the Borrower notifies the Administrative Agent at least
two Business Days before the date of any Eurodollar Borrowing for which a Notice of Borrowing has previously been given that it elects not to borrow on such date, such Borrowing shall instead be made as a Base Rate Borrowing in the same aggregate
amount as the requested Borrowing and shall bear interest for each day from and including the first day to but excluding the last day of the Interest Period applicable thereto at the rate applicable to Base Rate Loans for such day. 

 

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 Section 3.04    Increased Costs and Reduced Return.

 (a)    If on or after the date hereof, the adoption of or any change in any applicable Law or in the
interpretation or application thereof applicable to any Lender (or its Applicable Lending Office), or compliance by any Lender (or its Applicable Lending Office) with any request or directive (whether or not having the force of Law) from any central
bank or other Governmental Authority, in each case made subsequent to the Closing Date (or, if later, the date on which such Lender becomes a Lender): 

(i)    shall subject such Lender (or its Applicable Lending Office) to any tax of any kind whatsoever
with respect to any Letter of Credit, any Eurodollar Loans made by it or any of its Notes or its obligation to make Eurodollar Loans or to participate in Letters of Credit, or change the basis of taxation of payments to such Lender (or its
Applicable Lending Office) in respect thereof (except for (A) Taxes and Other Taxes covered by Section 3.01 (including Taxes imposed solely by reason of any failure of such Lender to comply with its obligations under
Section 3.01(d)) and (B) Excluded Taxes); 
 (ii)    shall impose, modify or
hold applicable any reserve, special deposit, compulsory loan or similar requirement against assets held by, deposits or other liabilities in or for the account of, advances, loans or other extensions of credit by, or any other acquisition of funds
by, any office of such Lender (or its Applicable Lending Office) which is not otherwise included in the determination of the Eurodollar Rate hereunder; or 

(iii)    shall impose on such Lender (or its Applicable Lending Office) any other condition (excluding
any tax of any kind whatsoever); 
 and the result of any of the foregoing is to increase the cost to such Lender (or its Applicable Lending
Office) of making, converting into, continuing or maintaining any Eurodollar Loans or issuing or participating in Letters of Credit or to reduce any amount receivable hereunder in respect thereof, then, in any such case, upon notice to the Borrower
from such Lender, through the Administrative Agent, in accordance herewith, the Borrower shall be obligated to pay such Lender, within 10 Business Days of its demand, any additional amounts necessary to compensate such Lender on an after-tax basis
(after taking into account applicable deductions and credits in respect of the amount indemnified) for such increased cost or reduced amount receivable. 

(b)    If any Lender shall have determined that the adoption or the becoming effective of, or any change in, or any
change by any Governmental Authority, central bank or comparable agency charged with the interpretation or administration thereof in the interpretation or administration of, any applicable Law regarding capital adequacy, or compliance by such
Lender, or its parent corporation, with any request or directive regarding capital adequacy (whether or not having the force of Law) of any such Governmental Authority, central bank or comparable agency, has or would have the effect of reducing the
rate of return on such Lender’s (or parent corporation’s) capital or assets as a consequence of its commitments or obligations hereunder to a level below that which such Lender, or its parent corporation, could have achieved but for such
adoption, effectiveness, change or compliance (taking into consideration such Lender’s (or parent corporation’s) policies with respect to capital adequacy), then, upon notice from such Lender to the Borrower, the Borrower shall be
obligated to pay to such Lender such additional amount or amounts as will compensate such Lender on an after-tax basis (after taking into account applicable deductions and credits in respect of the amount indemnified) for such reduction;
provided, that the Borrower shall not be required to compensate any Lender pursuant to subsection (a) above or this subsection (b) for any additional costs or reductions suffered more than 180 days prior to the date
such Lender notifies the Borrower of the circumstances giving rise to such additional costs or reductions and of such Lender’s intentions to claim compensation therefor, and provided, further, that, if the Change in Law

  

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or in the interpretation or administration thereof giving rise to such additional costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the
period of retroactive effect thereof. Each determination by any such Lender of amounts owing under this Section 3.04 shall, absent manifest error, be conclusive and binding on the parties hereto. 

(c)    A certificate in reasonable detail of each Lender setting forth such amount or amounts as shall be necessary
to compensate such Lender or its holding company as specified in subsection (a) or (b) above, as the case may be, shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay each
Lender or the Issuing Lender the amount shown as due on any such certificate delivered by it within 10 Business Days after receipt of the same. 

(d)    Promptly after any Lender becomes aware of any circumstance that will, in its reasonable judgment, result in a
request for increased compensation pursuant to this Section 3.04, such Lender shall notify the Borrower thereof. Failure on the part of any Lender so to notify the Borrower or to demand compensation for any increased costs or reduction
in amounts received or receivable or reduction in return on capital with respect to any period shall not constitute a waiver of such Lender’s right to demand compensation with respect to such period or any other period, except as expressly
otherwise provided above. The protection of this Section 3.04 shall be available to each Lender regardless of any possible contention of the invalidity or inapplicability of the law, rule, regulation, guideline or other change or
condition which shall have occurred or been imposed. 
 Section 3.05    Funding Losses. The
Borrower shall indemnify each Lender against any loss or expense (but excluding in any event loss of anticipated profit) which such Lender may sustain or incur as a consequence of (i) any failure by the Borrower to fulfill on the date of any
Borrowing hereunder the applicable conditions set forth in Article IV, (ii) any failure by the Borrower to borrow or to refinance, convert or continue any Loan hereunder after irrevocable notice of such Borrowing, refinancing, conversion
or continuation has been given pursuant to Section 2.02 or 2.07, (iii) any payment, prepayment or conversion of a Eurodollar Loan, whether voluntary or involuntary, pursuant to any other provision of this Agreement or
otherwise made on a date other than the last day of the Interest Period applicable thereto, or (iv) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the
Borrower pursuant to Section 2.10(d), including, in each such case, any loss or reasonable expense sustained or incurred or to be sustained or incurred in liquidating or employing deposits from third parties acquired to effect or
maintain such Loan or any part thereof as a Eurodollar Loan. Such loss or reasonable expense (other than loss of anticipated profits) shall include an amount equal to the excess, if any, as reasonably determined by such Lender, of (i) its cost
of obtaining the funds for the Loan being paid, prepaid, converted, not borrowed or assigned (based on the interest rate applicable to Eurodollar Loans as provided for in the definition of Adjusted Eurodollar Rate as determined by the Administrative
Agent), for the period from the date of such payment, prepayment, conversion, failure to borrow, convert or continue to the last day of the Interest Period for such Loan (or, in the case of a failure to borrow, the Interest Period for such Loan
which would have commenced on the date of such failure to borrow, convert or continue) or assignment over (ii) the amount of interest (as reasonably determined by such Lender) that would be realized by such Lender in reemploying the funds so
paid, prepaid, converted, not borrowed, converted or continued for such period or Interest Period or assignment, as the case may be. A certificate of any Lender setting forth any amount or amounts which such Lender is entitled to receive pursuant to
this Section 3.05 shall be delivered to the Borrower and shall be conclusive absent manifest error. 
 Section
3.06    Base Rate Loans Substituted for Affected Eurodollar Loans. If (i) the obligation of any Lender to make, or to continue or convert outstanding Loans as or to, Eurodollar Loans has been suspended pursuant to
Section 3.02 or (ii) any Lender has demanded compensation under Section 3.01 or 3.04 with respect to its Eurodollar Loans, and in any such case the Borrower shall, by at

  

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least five Business Days’ prior notice to such Lender through the Administrative Agent, have elected that the provisions of this Section 3.06 shall apply to such Lender, then,
unless and until such Lender notifies the Borrower that the circumstances giving rise to such suspension or demand for compensation no longer exist, all Loans which would otherwise be made by such Lender as (or continued as or converted to)
Eurodollar Loans shall instead be Base Rate Loans (on which interest and principal shall be payable contemporaneously with the related Eurodollar Loans of the other Lenders). If such Lender notifies the Borrower that the circumstances giving rise to
such suspension or demand for compensation no longer exist, the principal amount of each such Base Rate Loan shall be converted into a Eurodollar Loan on the first day of the next succeeding Interest Period applicable to the related Eurodollar Loans
of the other Lenders. 
 ARTICLE IV 

CONDITIONS 

Section 4.01    Conditions to Closing Date. The obligation of each Lender to make a Loan on the Closing
Date and the obligation of any Issuing Lender to issue any Letter of Credit on the Closing Date is subject to the satisfaction or waiver of the following conditions on or before the Closing Date: 

(a)    Executed Finance Documents. 

(i)    Receipt by the Administrative Agent of duly executed copies of: (A) this Agreement;
(B) the Guaranty; (C) the Notes (if any); (D) the Collateral Documents and (E) all other Finance Documents, each in form and substance reasonably satisfactory to the Commitment Parties. 

(ii)    The Senior Note Documents and all other agreements and documents contemplated thereby shall
have been entered into and shall be effective, and the terms and conditions thereof shall be in form and substance reasonably satisfactory to the Administrative Agent. HGI shall have received, or substantially concurrently with the initial
borrowings under this Agreement shall receive, gross proceeds of the Senior Notes in an aggregate amount of not less than $150,000,000 (or the conditions to the issuance of the Senior Notes, other than the funding of the initial borrowings under
this Agreement or the satisfaction of the conditions set forth in this Section 4.01, shall have been satisfied or substantially concurrently with the initial borrowings under this Agreement shall be satisfied); 

(b)    Legal Matters.    All legal matters incident to this Agreement and the
borrowings hereunder shall be reasonably satisfactory to the Administrative Agent. 

(c)    Organizational Documents.    The Administrative Agent shall have received:
(i) a copy of the certificate or articles of incorporation or other organizational documents, as applicable, including all amendments thereto, of each Credit Party, certified as of a recent date by the Secretary of State or other applicable
authority of its respective jurisdiction of organization; (ii) a certificate as to the good standing of each Credit Party and The Hillman Group Capital Trust, as of a recent date, from the Secretary of State or other applicable authority of its
respective jurisdiction of organization and, to the extent reasonably available, from each other state in which such Credit Party is qualified or is required to be qualified to do business, together in each case, to the extent generally available,
with a certificate or other evidence of good standing as to payment of any applicable franchise or similar taxes from the appropriate taxing authority of each such jurisdiction; (iii) a certificate of the Secretary or Assistant Secretary of
each Credit Party dated the Closing Date substantially in the form of Exhibit L hereto attaching the documents referred to therein, which, in the case of such certificate delivered by HGI, shall

  

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also attach the Senior Note Documents, the Acquisition Documents, all documents relating to the Junior Debentures, the Trust Common Securities and the Trust Preferred Securities and the
Capitalization Documents; (iv) a certificate of another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary executing the certificate pursuant to clause (iii) above; and (v) such other
corporate or other constitutive or organizational documents as the Administrative Agent may reasonably request. 

(d)    Closing Date Certificate.    The Administrative Agent shall have received a
certificate, dated the Closing Date and signed by a Responsible Officer of HGI, on behalf of each Credit Party, confirming compliance with the conditions precedent set forth in paragraphs (v) and (w) of
Section 4.01, substantially in the form of Exhibit M hereto. 
 (e)    Opinions of
Counsel.    On the Closing Date, the Administrative Agent shall have received: 

(i)    a written opinion of Paul, Weiss, Rifkind, Wharton & Garrison LLP, special counsel to
the Credit Parties, addressed to the Agents and each Lender, dated the Closing Date, substantially in the form of Exhibit D-1 hereto; 

(ii)    from Holland & Knight, LLP, or special Florida counsel to the Credit Parties, an
opinion addressed to the Agents and each Lender, dated the Closing Date, substantially in the form of Exhibit D-2 hereto and covering such additional matters incident to the transactions contemplated hereby as the Commitment Parties may
reasonably request; and 
 (iii)    from Ortale, Kelley, Herbert & Crawford, special
Tennessee counsel to the Credit Parties, an opinion addressed to the Agents and each Lender, dated the Closing Date, in form reasonably satisfactory to the Collateral Agent, with respect to the enforceability of the form of Mortgage and sufficiency
of the form of UCC-1 financing statements or similar notices to be recorded or filed in such jurisdiction, if applicable, and such other matters as the Commitment Parties may reasonably request. 

(f)    Capitalization.    On or prior to the Closing Date, (i) OH Holdings
shall have received the cash proceeds of cash common equity investments in OH Holdings by Permitted Investors (the “Investor Equity Issuance”) of not less than (together with management rollover equity of not more than 10.0%) 30.0%
of the total sources of funds for the Acquisition and all Transaction Costs), (ii) the proceeds of the Investor Equity Issuance, when aggregated with the Term Loans, the Revolving Loans borrowed on the Closing Date and the Senior Notes incurred
by HGI on the Closing Date, shall be used, and shall be sufficient, to pay the purchase price required to be paid on the Closing Date to consummate the Acquisition, to refinance the Refinanced Debt and to pay the Transaction Costs on the Closing
Date and (iii) in accordance with Section 4.01(c), the Administrative Agent shall have received true and correct copies, certified as such by an appropriate officer of Holdings, of all subscription agreements, registration rights
agreements, shareholder agreements and other documents and instruments delivered in connection therewith (collectively, the “Capitalization Documents”), each of which shall be in full force and effect and shall be in form and
substance reasonably satisfactory to the Commitment Parties. 
 (g)    Consummation of the
Acquisition.    The Acquisition, including all of the terms and conditions thereof, shall have been duly approved by the board of directors and (if required by applicable law) the shareholders of each of the Borrowers
(prior to the consummation of the Acquisition), Holdings and each other Group Company party thereto, and all Acquisition Documents shall have been duly executed and delivered by the parties thereto and shall be in full force and effect. The
Acquisition shall have been consummated or will be consummated concurrently with the borrowing of the initial 
  

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Loans in accordance with the Acquisition Agreement; provided that no amendment, modification or waiver of any term thereof or any condition to the Borrower’s, OH Holding’s or
HGI’s obligation to consummate the Acquisition thereunder (other than any such amendment, modification or waiver that is not materially adverse to the interests of the Lenders) shall be made or granted, as the case may be, without the prior
written consent of the Commitment Parties (it being understood that any material decrease in the price or material change in the structure of the Acquisition will be deemed to be materially adverse and will require the prior written consent of the
Commitment Parties). On or prior to the Closing Date and prior to the borrowing of the initial Loans, the Acquisition shall have been consummated in accordance with all applicable laws and the Acquisition Documents (without giving effect to any
material amendment or modification thereof or material waiver with respect thereto including any material modification, amendment, supplement or waiver relating to any disclosure schedule or exhibit, unless such modification, amendment, supplement
or waiver could not reasonably be expected to be materially adverse in any respect to the Lenders or unless consented to by the Commitment Parties). On the Closing Date, the certificate of merger with respect to the Acquisition shall have been filed
with the appropriate Governmental Authority having primary jurisdiction over affairs of corporations in Delaware. 

(h)    Refinancing of Certain Existing Debt; Other Debt.    On the Closing Date,
the commitments under all Refinanced Agreements shall have been terminated, all loans outstanding thereunder shall have been repaid in full (other than contingent indemnification obligations not due and payable), together with accrued interest
thereon (including any prepayment premium), all letters of credit issued thereunder shall have been terminated or backstopped through the issuance of Letters of Credit hereunder or shall have become Letters of Credit hereunder and all other amounts
owing pursuant to each Refinanced Agreement shall have been repaid in full, and the Administrative Agent shall have received evidence in form, scope and substance reasonably satisfactory to the Commitment Parties that the matters set forth in this
subsection (h) have been satisfied at such time. In addition, on the Closing Date, the creditors under each Refinanced Agreement shall have terminated and released all applicable Liens on the capital stock of and assets owned by the
Borrower and its Subsidiaries (including all capital stock and assets of Holdings and its Subsidiaries), and the Commitment Parties shall have received all such releases as may have been requested by the Commitment Parties, which releases shall be
in form and substance satisfactory to the Commitment Parties. 
 (i)    Perfection of Personal
Property Security Interests and Pledges; Search Reports.    Subject to the last sentence of this subsection (i), on or prior to the Closing Date, the Collateral Agent shall have received or have completed or arrangements
reasonably satisfactory to the Collateral Agent shall have been provided for: 
 (i)    a
Perfection Certificate from each Credit Party; 
 (ii)    appropriate financing statements
(Form UCC-1 or such other financing statements or similar notices as shall be required by local law) authenticated and authorized for filing under the Uniform Commercial Code or other applicable local law of each jurisdiction in which the filing of
a financing statement or giving of notice may be required, or reasonably requested by the Collateral Agent, to perfect the security interests created by the Collateral Documents; 

(iii)    copies of reports from an independent search service reasonably satisfactory to the
Collateral Agent listing all effective financing statements, notices of tax, PBGC or judgment liens or similar notices that name the Borrower or any other Credit Party, as such (under its present name and any previous name and, if requested by the
Collateral Agent, under any trade names), as debtor or seller that are filed in the jurisdictions referred to in clause (ii) above or in any other jurisdiction having files which must be searched in order to determine fully

  

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the existence of Uniform Commercial Code security interests, notices of the filing of federal tax Liens (filed pursuant to Section 6323 of the Code), Liens of the PBGC (filed pursuant to
Section 4068 of ERISA) or judgment Liens on any Collateral, together with copies of such financing statements, notices of tax, PBGC or judgment Liens or similar notices (none of which shall cover the Collateral except to the extent evidencing
Permitted Liens or for which the Collateral Agent shall have received termination statements (Form UCC-3 or such other termination statements as shall be required by local law) authenticated and authorized for filing); 

(iv)    searches of ownership of Intellectual Property in the U.S. Patent and Trademark Office and the
U.S. Copyright Office and such Patent, Trademark and/or Copyright filings as may be requested by the Collateral Agent to the extent necessary or reasonably advisable to perfect the Collateral Agent’s security interest in Intellectual Property
Collateral; 
 (v)    all of the Pledged Collateral, which Pledged Collateral shall be in
suitable form for transfer by delivery, or shall be accompanied by duly executed instruments of transfer or assignment in blank, with signatures appropriately guaranteed, accompanied in each case by any required transfer tax stamps, all in form and
substance reasonably satisfactory to the Collateral Agent; and 
 (vi)    evidence of the
completion of all other filings and recordings of or with respect to the Collateral Documents and of all other actions as may be necessary or, in the reasonable opinion of the Collateral Agent, desirable to perfect the security interests intended to
be created by the Collateral Documents. 
 Notwithstanding anything in any Finance Document to the contrary,
(A) other than with respect to any Closing Date UCC Filing Collateral and Closing Date Stock Certificates, to the extent any security interest in any Collateral is not perfected on the Closing Date after the Borrower’s use of commercially
reasonable efforts to do so, the perfection of such security interest shall not constitute a condition precedent to the availability of the Loans on the Closing Date, provided that the Borrower hereby agrees to cause such perfection to occur no
later than 60 days after the Closing Date, (B) with respect to perfection of security interests in the Closing Date UCC Filing Collateral, the Borrower’s sole obligation shall be to deliver, or cause to be delivered, necessary UCC
financing statements to the Administrative Agent or Collateral Agent and to irrevocably authorize or cause the applicable Guarantor to irrevocably authorize the Administrative Agent or Collateral Agent to file necessary UCC financing statements and
(C) with respect to perfection of security interests in Closing Date Stock Certificates, the Borrower’s sole obligation shall be to deliver to the Administrative Agent the Closing Date Stock Certificates, in each case, in suitable form for
transfer by delivery, or accompanied by duly executed instruments of transfer or assignment in blank, all in form and substance reasonably satisfactory to the Collateral Agent. 

(j)    Real Property Collateral.    The Collateral Agent shall have received (in
form and substance reasonably satisfactory to the Commitment Parties): 
 (i)    fully
executed and notarized Mortgages encumbering the fee interest of the Credit Parties in each real property asset owned by a Credit Party set forth on Schedule 4.01(k)(i) (each a “Mortgaged Property” and collectively, the
“Mortgaged Properties”), together with such UCC-1 financing statements or similar notices as the Collateral Agent shall reasonably deem appropriate with respect to each such Mortgaged Property; 

 

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 (ii)    ALTA or other appropriate form mortgagee title
insurance policies (the “Mortgage Policies”) issued by First American National Title Insurance Company (the “Title Insurance Company”), in an amount reasonably satisfactory to the Commitment Parties with respect to
each Mortgaged Property, which amount shall not exceed the fair market value for each such Mortgaged Property, assuring the Commitment Parties that the applicable Mortgages create valid and enforceable first priority mortgage liens on the respective
Mortgaged Property, free and clear of all Liens except Permitted Liens, which Mortgage Policies shall contain such endorsements as shall be reasonably satisfactory to the Commitment Parties and for any other matters that the Commitment Parties may
reasonably request, and providing affirmative insurance and such reinsurance as the Commitment Parties may reasonably request, all of the foregoing in form and substance reasonably satisfactory to the Commitment Parties; 

(iii)    if requested by the Commitment Parties, copies of all recorded documents listed as exceptions
to title or otherwise referred to in the Mortgage Policies; 
 (iv)    such evidence
satisfactory to the Commitment Parties as the Commitment Parties reasonably may request to the effect that each of the Mortgaged Properties, and the uses of the Mortgaged Properties, are in compliance in all material respects with all applicable
Laws; 
 (v)    (A) a completed Flood Certificate with respect to each Mortgaged Property,
which Flood Certificate shall (i) be addressed to the Collateral Agent, (ii) be completed by a company which has certified the accuracy of the information contained therein, and (iii) otherwise comply with the Flood Program;
(B) evidence describing whether the community in which each Mortgaged Property is located participates in the Flood Program; (C) if any Flood Certificate states that a Mortgaged Property is located in a Flood Zone, the Borrower’s
written acknowledgement of receipt of written notification from the Collateral Agent (i) as to the existence of each such Mortgaged Property, and (ii) as to whether the community in which each such Mortgaged Property is located is
participating in the Flood Program; and (D) if any Mortgaged Property is located in a Flood Zone and is located in a community that participates in the Flood Program, evidence that the Borrower has obtained a policy of flood insurance that
(i) covers any Mortgaged Property that is located in a Flood Zone, (ii) is written in an amount reasonably acceptable to the Collateral Agent or the maximum limit of coverage made available with respect to the particular type of property
under the Flood Program, whichever is less, and (iii) has a term ending not later than the sixth-anniversary of the Closing Date; and 

(vi)    surveys of all Mortgaged Properties in a form sufficient to allow the Title Insurance Company
to issue the Mortgage Policies without a standard survey exception. 
 (k)    Evidence of
Insurance.    Receipt by the Collateral Agent of copies of insurance policies or certificates of insurance of the Credit Parties and their Subsidiaries evidencing liability and casualty insurance in form and substance
reasonably satisfactory to the Administrative Agent, including naming the Collateral Agent as additional insured and loss payee on behalf of the Lenders. 

(l)    Consents and Approvals.    On the Closing Date, all governmental (domestic
or foreign), regulatory and third party approvals (including with respect to real property leases and license agreements relating to intellectual property) required and material in connection with the transactions contemplated by the Acquisition
Agreement and the other Transaction Documents and otherwise referred to herein or therein shall have been obtained and remain in full force and effect, and all applicable waiting periods (including any applicable waiting period under the
Hart-Scott-Rodino Antitrust Improvements Act of 1976) and appeal periods shall have expired, in each case without any action being taken or 

 

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threatened by any competent authority which has or could have a reasonable likelihood of restraining, preventing or imposing materially burdensome conditions on such transactions or impose, in
the sole judgment of the Commitment Parties, materially burdensome conditions or qualifications upon the consummation of such transactions. 

(m)    Litigation; Judgments.    On the Closing Date, there shall be no actions,
suits, proceedings, counterclaims or investigations pending or overtly threatened (i) challenging the consummation of any portion of the Transaction or which in the judgment of the Commitment Parties could restrain, prevent or impose burdensome
conditions on the Transaction, in the aggregate, or any other transaction contemplated hereunder, (ii) seeking to prohibit the ownership or operation by Holdings, the Borrower, or any of their respective Subsidiaries of all or any material
portion of any of their respective businesses or assets or (iii) seeking to obtain, or which could result or has resulted in the entry of, any judgment, order or injunction that (A) would restrain, prohibit or impose adverse or burdensome
conditions on the ability of the Lenders to make the Loans, (B) in the judgment of the Commitment Parties could reasonably be expected to result in a Material Adverse Effect with respect to Holdings, the Borrower and their Subsidiaries taken as
a whole (after giving effect to the Transaction) or (C) could purport to affect the legality, validity or enforceability of any Finance Document or could result in a material adverse effect on the ability of any Credit Party to fully and timely
perform their payment and security obligations under the Finance Documents or the rights and remedies of the Lenders. Additionally, there shall not exist any judgment, order, injunction or other restraint issued or filed or a hearing seeking
injunctive relief or other restraint pending or notified prohibiting or imposing materially adverse conditions upon the consummation of the transactions contemplated by the Transaction Documents and otherwise referred to herein or therein.

 (n)    Solvency Certificate.    On or prior to the Closing Date, HGI
shall have delivered or caused to be delivered to the Administrative Agent a solvency certificate from the chief financial or chief accounting officer of HGI, substantially in the form of Exhibit K hereto or otherwise in form and substance
reasonably satisfactory to the Commitment Parties, setting forth the conclusions that, after giving effect to the Acquisition and the consummation of all financings contemplated herein, Holdings and its Subsidiaries (on a consolidated basis) and HGI
and its Subsidiaries (on a consolidated basis) are solvent. 
 (o)    [reserved.] 

(p)    [reserved.] 

(q)    Material Adverse Effect.    There shall not have occurred any Material
Adverse Effect since December 31, 2009. 
 (r)    Maximum Pro-Forma Leverage
Ratio.    The Commitment Parties shall have received reasonably satisfactory evidence (including satisfactory supporting schedules and other data) that the ratio of pro forma Consolidated Total Debt of Holdings and its
Consolidated Subsidiaries (not including (i) undrawn letters of credit and (ii) the outstanding principal balance of the Junior Debentures and calculated net of any Cash Equivalents to the extent not subject to any Lien other than Liens
described in Sections 7.02(i) and (xv) and to the extent held by the Borrower and the Guarantors on the Closing Date) to pro forma EBITDA of HGI after giving effect to the Transaction for the trailing four quarters ended March 31, 2010,
calculated accordance with Regulation S-X, was not greater than 5.20 to 1.0; provided that the Sponsor may replace a portion of the Term Loan Commitment or Revolving Loan Commitment with an increased Investor Equity Contribution to satisfy
this condition precedent. 
  

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 (s)    OFAC/Anti-Terrorism Compliance
Certificate.    The Administrative Agent shall have received a certificate substantially in the form of Exhibit J hereto, dated the Closing Date and signed by a Responsible Officer of Holdings, certifying as to the
matters set forth in Exhibit J. 
 (t)    Payment of Fees.    All
costs, fees and expenses due to the Commitment Parties, the Agents and the Lenders on or before the Closing Date shall have been paid to the extent invoiced to the Borrower two Business Days prior to the Closing Date (together with reasonable detail
therefor), except with respect to fees due to the Commitment Parties, the Agents and the Lenders which need not be invoiced. 

(u)    Counsel Fees.    The Commitment Parties shall have received full
payment from the Borrower of the fees and expenses of Latham & Watkins LLP described in Section 10.04 to the extent invoiced to the Borrower two Business Days prior to the Closing Date. 

(v)    Representations and Warranties.    The Borrower Representations and the
representations and warranties made by the Credit Parties in the Finance Documents shall be true and correct on the Closing Date in all material respects except that such materiality qualifier shall not be applicable to any Borrower Representation
or any representation or warranty in the Finance Documents that is already qualified by materiality and except to the extent such representations and warranties expressly relate to an earlier date; provided that with respect to Borrowings on the
Closing Date, any Default or Event of Default resulting from any breach of any representation or warranty made by any Credit Party pursuant to any Finance Document other than (A) any breach of a Borrower Representation or (B) any breach of
a Specified Representation shall not constitute a Default or Event of Default or a failure of a condition to closing solely for purposes of this Section 4.01(v). 

(w)    No Default.    No Default or Event of Default shall exist or be continuing
after giving effect to the Transactions; provided, that, with respect to Borrowings on the Closing Date, any Default or Event of Default resulting from (i) the failure to perfect any security interest on any Collateral on the Closing
Date, solely to the extent perfection is not required by Section 4.01(i) to have occurred on or before the Closing Date or (ii) any breach of any representation or warranty made by any Credit Party pursuant to any Finance Document other
than (A) any breach of a Borrower Representation or (B) any breach of a Specified Representation, shall in each case not constitute a Default or Event of Default solely for purposes of this Section 4.01(w). 

(x)    Notice.    The Borrower shall have delivered (i) in the case of any
Revolving Loan or Term Loan, to the Administrative Agent, an appropriate Notice of Borrowing, duly executed and completed, by 12:00pm (New York time) on the Closing Date, and otherwise as permitted by, Section 2.02 and (ii) in the
case of any Letter of Credit, to the Issuing Lender, an appropriate Letter of Credit Request duly executed and completed in accordance with the provisions of Section 2.05. 

All corporate and legal proceedings and instruments and agreements relating to the transactions contemplated by this Agreement and the
other Transaction Documents or in any other document delivered in connection herewith or therewith shall be reasonably satisfactory in form and substance to the Commitment Parties and their counsel, and the Commitment Parties shall have received all
information and copies of all documents and papers, including records of corporate proceedings, governmental approvals, good standing certificates and bring-down facsimiles, if any, which the Commitment Parties reasonably may have requested in
connection therewith, such documents and papers where appropriate to be certified by proper corporate or Governmental Authorities. The documents referred to in this Section 4.01 shall be delivered to the Commitment Parties no later than
the Closing Date. The certificates and opinions referred to in this Section 4.01 shall be dated the Closing Date. 
  

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 Section 4.02    Conditions to All Credit Extensions After the
Closing Date. The obligation of any Lender to make a Loan on the occasion of any Borrowing and the obligation of any Issuing Lender to issue (or renew or extend the term of) any Letter of Credit on any date after the Closing Date is subject
to the satisfaction or waiver of the following conditions: 

(a)    Notice.    The Borrower shall have delivered (i) in the case of any
Revolving Loan or Term Loan, to the Administrative Agent, an appropriate Notice of Borrowing, duly executed and completed, by the time specified in, and otherwise as permitted by, Section 2.02 and (ii) in the case of any Letter of
Credit, to the Issuing Lender, an appropriate Letter of Credit Request duly executed and completed in accordance with the provisions of Section 2.05. 

(b)    Representations and Warranties.    Other than on the Closing Date, the
representations and warranties made by the Credit Parties in the Finance Documents shall be true and correct in all material respects (except that such materiality qualifier shall not be applicable to any representation and warranty that is already
qualified by materiality) at and as if made as of such date except to the extent they expressly relate to an earlier date. 

(c)    No Default.    No Default or Event of Default shall exist or be continuing
either prior to or after giving effect thereto. 

(d)    Availability.    Immediately after giving effect to the making of a
Revolving Loan or Swingline Loan (and the application of the proceeds thereof) or to the issuance of a Letter of Credit, as the case may be, (i) the sum of the Revolving Loans outstanding plus the amount of all LC Obligations outstanding plus
all Swingline Loans outstanding shall not exceed the Revolving Committed Amount, (ii) the amount of all LC Obligations outstanding shall not exceed the LC Committed Amount and (iii) the sum of all Swingline Loans outstanding shall not
exceed the Swingline Committed Amount. 
 (e)    Assumption by HGI.    The
conditions precedent in Section 4.03 shall have been satisfied. 
 The delivery of each Notice of Borrowing,
Swingline Loan Request and each request for a Letter of Credit shall constitute a representation and warranty by the Credit Parties of the correctness of the matters specified in subsections (b), (c) and (d) above.

 Section 4.03    Assumption by HGI. No later than the second Business Day after the Closing
Date the Administrative Agent shall have received (i) the Borrower Assumption Agreement, duly executed and delivered by HGI, (ii) a written opinion of Paul, Weiss, Rifkind, Wharton & Garrison LLP in form and substance reasonably
satisfactory to the Administrative Agent, and (iii) all agreements, confirmations, information and copies of all documents and papers which the Administrative Agent may have reasonably requested in connection with the Borrower Assumption
Agreement. 
 ARTICLE V 

REPRESENTATIONS AND WARRANTIES 

Each of the Credit Parties represents and warrants that: 

Section 5.01    Organization and Good Standing. Each of the Group Companies is a corporation,
partnership or limited liability company duly organized or formed, validly existing and in good standing under the laws of the jurisdiction of its formation, has all corporate, partnership or limited liability company powers and all material
governmental licenses, franchises, permits, certificates, authorizations, qualifications, accreditations, easements, rights of way and other rights, consents and 

 

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approvals required to own its property and carry on its business as now conducted and is duly qualified as a foreign corporation, licensed and in good standing in each jurisdiction where
qualification or licensing is required by the nature of its business or the character and location of its property, business or customers, except to the extent the failure to so qualify or be licensed, as the case may be, in the aggregate, could not
reasonably be expected to result in a Material Adverse Effect. 
 Section 5.02    Power;
Authorization; Enforceable Obligations.    Each of the Credit Parties has the corporate, partnership, limited liability company or other necessary power and authority, and the legal right, to execute, deliver and perform
the Transaction Documents to which it is a party and, in the case of the Borrower, to obtain extensions of credit hereunder, and has taken all necessary action to authorize the borrowings and other extensions of credit on the terms and conditions of
this Agreement and to authorize the execution, delivery and performance of the Transaction Documents to which it is a party. No consent or authorization of, filing with, notice to or other similar act by or in respect of, any Governmental Authority
or any other Person is required to be obtained or made by or on behalf of any Credit Party in connection with the borrowings or other extensions of credit hereunder or with the execution, delivery, performance, validity or enforceability of the
Transaction Documents, except for (i) consents, authorizations, notices and filings disclosed in Schedule 5.02, all of which have been obtained or made, and (ii) filings to perfect the Liens created by the Collateral Documents. This
Agreement has been, and each other Transaction Document to which any Credit Party is a party will be duly executed and delivered on behalf of such Person. This Agreement constitutes, and each other Transaction Document to which any Credit Party is a
party when executed and delivered will constitute, a legal, valid and binding obligation of such Credit Party enforceable against each such Person in accordance with its terms, except (i) as such enforceability may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and (ii) that rights of acceleration and the availability of equitable remedies may be limited by equitable
principles of general applicability (regardless of whether enforcement is sought by proceedings in equity or at law). 

Section 5.03    [Reserved] 

Section 5.04    No Conflicts.    Neither the execution and delivery by any Credit
Party of the Transaction Documents to which it is a party, nor the consummation of the transactions contemplated therein, nor performance of and compliance with the terms and provisions thereof by such Person, nor the exercise of remedies by the
Agents and the Lenders under the Finance Documents, will (i) violate or conflict with any provision of the articles or certificate of incorporation, bylaws, partnership agreement, operating agreement or other organizational or governing
documents of such Person, (ii) violate, contravene or conflict with any Law applicable to it or its properties, (iii) violate, contravene or conflict with contractual provisions of, cause an event of default under, or give rise to material
increased, additional, accelerated or guaranteed, rights of any Person under, any indenture, loan agreement, mortgage, deed of trust or other instrument, material contract or material lease to which it is a party or by which it may be bound or
(iv) result in or require the creation of any Lien (other than the Lien of the Collateral Documents) upon or with respect to its properties, except in the case of clause (iii) for such violations as could not reasonably be expected,
individually or in the aggregate, to result in a Material Adverse Effect. 
 Section 5.05    No
Default.    None of the Group Companies is in default in any respect under (i) any loan agreement, indenture, mortgage, security agreement or other agreement relating to Debt or any other contract, lease, agreement
or obligation to which it is a party or by which any of its properties is bound which default could reasonably be expected to result in a Material Adverse Effect, (ii) the Senior Notes Indenture or (iii) the Junior Debentures Indenture. No
Default or Event of Default has occurred or exists. 
  

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 Section 5.06    [Reserved]. 

Section 5.07    Financial Condition. 

(a)    Audited Financial Statements.    The consolidated balance sheets of Holdings
and its Consolidated Subsidiaries as of December 31, 2007, December 31, 2008 and December 31, 2009 and the related consolidated and consolidating statements of income and cash flows for the respective fiscal years then ended,
reported on by Grant Thornton, copies of each of which have been delivered to each of the Lenders, fairly present in all material respects, in accordance with GAAP (except as disclosed therein), the consolidated financial position of Holdings and
its Consolidated Subsidiaries as of each such date and their consolidated results of operations and cash flows for such fiscal year. 

(b)    Pro-Forma Financial Statements.    The consolidated balance sheet of
Holdings and its Consolidated Subsidiaries as of the end of the most recent fiscal quarter prior to the Closing Date for which financial information is available, prepared on a pro-forma basis in accordance with Regulation S-X or S-K giving effect
to the consummation of the Transactions, has heretofore been furnished to each Lender. Such pro-forma balance sheet has been prepared in good faith by the Borrower, based on the assumptions used to prepare the pro-forma financial information
contained in the Pre-Commitment Information (which assumptions are believed by the Borrower on the date hereof and on the Closing Date to be reasonable and fair in light of current conditions and facts known to the Borrower), is based on the best
information available to the Borrower as of the date of delivery thereof, accurately reflects all material adjustments required to be made to give effect to the Transactions and presents fairly on a pro-forma basis the estimated consolidated
financial position of Holdings and its Consolidated Subsidiaries as of March 31, 2010, assuming that the Transactions had actually occurred on that date. None of OH Holdings or any of its Subsidiaries has any reason to believe that such
pro-forma balance sheet is misleading in any material respect in light of the circumstances existing at the time of the preparation thereof. 

(c)    Projections.    The projections prepared as part of, and included in, the
supplemental presentation to prospective Lenders on April 29, 2010 (which include projected balance sheets, income and cash flow statements on a quarterly basis for the period from the Closing Date through December 31, 2016 and on an
annual basis for each of the following three fiscal years) have been prepared on a basis consistent with the financial statements referred to in subsection (a) above and are based on good faith estimates and assumptions believed by the
Borrower to be reasonable and fair in light of current conditions and facts known to the Borrower at the time delivered. On the Closing Date, the Borrower believes that such projections are reasonable and attainable, it being recognized by the
Lenders, however, that projections as to future events are not to be viewed as facts or guaranties of future performance, that actual results during the period or periods covered by such projections may differ from the projected results and that
such differences may be material and that the Credit Parties make no representation that such projections will be in fact be realized. There is no fact known to any Credit Party which could reasonably be expected to result in a Material Adverse
Effect which has not been disclosed herein. 
 (d)    Post-Closing Financial
Statements.    The financial statements delivered to the Lenders pursuant to Section 6.01(a) and (b), if any, (i) have been prepared in accordance with GAAP (except as may otherwise be permitted
under Section 6.01(a) and (b)) and (ii) present fairly in all material respects (on the basis disclosed in the footnotes to such financial statements, if any) the consolidated and consolidating financial condition, results of
operations and cash flows of Holdings and its Consolidated Subsidiaries as of the respective dates thereof and for the respective periods covered thereby. 
  

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 (e)    No Undisclosed
Liabilities.    Except as disclosed on Schedule 5.07 hereto or as fully reflected in the financial statements described in subsection (a) and (b) above and the Debt incurred under this
Agreement and the Junior Debentures Documents, (i) there were as of the Closing Date (and after giving effect to any Loans made and Letters of Credit issued on such date), no liabilities or obligations (excluding current obligations and
contractual obligations incurred in the ordinary course of business) with respect to any Group Company of any nature whatsoever (whether absolute, accrued, contingent or otherwise and whether or not due and including obligations or liabilities for
taxes, long-term leases and unusual forward or other long-term commitments), and (ii) neither Holdings nor the Borrower knows of any basis for the assertion against any Group Company of any such liability or obligation in each case which,
either individually or in the aggregate, are or could reasonably be expected to result in a Material Adverse Effect. 

Section 5.08    No Material Change.    Since December 31, 2009 there
has been no Material Adverse Effect, and no event or development has occurred which could reasonably be expected to result in a Material Adverse Effect. 

Section 5.09    Title to Properties; Possession Under Leases.    Each Group Company
has good insurable and legal fee title to (in the case of owned Real Property), or valid leasehold interests in (in the case of Leaseholds), all its material properties and assets, except for minor defects in title that do not materially interfere
with its ability to conduct its business as currently conducted and Permitted Liens. All such material properties and assets are free and clear of Liens other than Permitted Liens. Each Group Company has complied with all obligations under all
leases to which it is a party, other than leases that, individually or in the aggregate, are not material to the Group Companies, taken as a whole, and the violation of which will not result in a Material Adverse Effect, and all such leases are in
full force and effect, other than leases that, individually or in the aggregate, are not material to the Group Companies, taken as a whole, and in respect of which the failure to be in full force and effect will not result in a Material Adverse
Effect. Each Group Company enjoys peaceful and undisturbed possession under all such leases with respect to which it is the lessee, other than leases that, individually or in the aggregate, are not material to the Group Companies, taken as a whole,
and in respect of which the failure to enjoy peaceful and undisturbed possession will not result in a Material Adverse Effect. 

Section 5.10    Litigation.    There are no actions, suits, investigations or
legal, equitable, arbitration or administrative proceedings pending or, to the knowledge of any Credit Party, threatened against or affecting any Group Company in which there is a reasonable possibility of an adverse decision that (i) involve
any Finance Document or any of the Transactions or (ii) if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect. 

Section 5.11    Taxes.    Except as otherwise permitted by
Section 6.05, each Group Company has filed, or caused to be filed, all federal and all material state, local and foreign tax returns) required to be filed and paid (i) all amounts of taxes shown thereon to be due (including interest
and penalties) and (ii) all other taxes, fees, assessments and other governmental charges (including mortgage recording taxes, documentary stamp taxes and intangible taxes) owing by it, in each case other than any taxes, fees assessments or
other governmental charges the amount or validity of which is 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 Borrower or its
Subsidiaries, as the case may be. No Credit Party knows of any pending investigation of such party by any taxing authority or proposed tax assessments against any Group Company. 

Section 5.12    Compliance with Law.    Each Group Company is in compliance with
all requirements of Law (including Environmental Laws) applicable to it or to its properties, except for any such failure to comply which could not reasonably be expected to cause a Material Adverse Effect. To

  

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the knowledge of the Credit Parties, none of the Group Companies or any of their respective material properties or assets is subject to or in default with respect to any judgment, writ,
injunction, decree or order of any court or other Governmental Authority which, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. None of the Group Companies has received any written communication
from any Governmental Authority that alleges that any of the Group Companies is not in compliance in any material respect with any Law, except for allegations that have been satisfactorily resolved and are no longer outstanding or which,
individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 
 Section
5.13    Senior Indebtedness.    The Finance Obligations and the Guaranty Obligations of each Guarantor under the Guaranty constitute “Senior Indebtedness” of the Borrower under and as
defined in the Junior Debentures Indenture. 
 Section 5.14    U.S. Patriot Act,
Etc.    To the extent applicable, each Loan Party 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 Untied
States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) and any other enabling legislation or executive order relating thereto, and (ii) the U.S. Patriot Act. No part of the proceeds of the Loans shall be used, 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. 

Section 5.15    Employee Benefit Arrangements. 

(a)    ERISA.    Except as disclosed in Schedule 5.15: 

(i)    Except as could not reasonably be expected to result in a Material Adverse Effect, there are no
Unfunded Liabilities (A) with respect to any member of the Group Companies and (B) with respect to any ERISA Affiliates; provided that for purposes of this Section 5.15(a)(i)(B) only, Unfunded Liabilities shall mean the amount
(if any) by which the projected benefit obligation exceeds the value of the plan’s assets as of its last valuation date. 

(ii)    Each Plan complies in all respects with the applicable requirements of ERISA and the Code, and
each Group Company complies in all respects with the applicable requirements of ERISA and the Code with respect to all Multiemployer Plans to which it contributes, except to the extent that the failure to comply therewith would not reasonably be
expected to result in a Material Adverse Effect. 
 (iii)    Except to the extent that such
ERISA Event could not reasonably be expected to result in a Material Adverse Effect, no ERISA Event has occurred or, subject to the passage of time, is reasonably expected to occur with respect to any Plan and, except to the extent that such ERISA
Event would not reasonably be expected to result in a Material Adverse Effect, no ERISA Event has occurred or, subject to the passage of time, is reasonably expected to occur with respect to any Plan maintained or formerly maintained by an ERISA
Affiliate. 
 (iv)    No Group Company: (A) is or has been within the last six years a
party to any Multiemployer Plan; or (B) has completely or partially withdrawn from any Multiemployer Plan, except to the extent that the participation in or withdrawal from such Multiemployer Plan could not reasonably be expected to result in a
Material Adverse Effect. 
  

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 (v)    If any Group Company or any ERISA Affiliate
incurred or were to incur a complete or partial withdrawal (as described in Section 4203 of ERISA) from any Multiemployer Plan as of the Closing Date, the aggregate withdrawal liability, as determined under Section 4201 of ERISA, with
respect to all such Multiemployer Plans would not exceed an amount that could reasonably be expected to result in a Material Adverse Effect. 

(vi)    Except as could not reasonably be expected to result in a Material Adverse Effect, no Group
Company or, to the knowledge of any Group Company, any ERISA Affiliate has any contingent liability with respect to any post-retirement benefit under a Welfare Plan, other than liability for continuation coverage described in Part 6 of Title I of
ERISA. 
 (vii)    No Group Company has any liability that could reasonably be expected to
result in a Material Adverse Effect in connection with or arising from a Foreign Pension Plan. 

(b)    Employee Benefit Arrangements. 

(i)    All liabilities under the Employee Benefit Arrangements are (A) funded to at least the
minimum level required by law or, if higher, to the level required by the terms governing the Employee Benefit Arrangements, (B) insured with a reputable insurance company, (C) provided for or recognized in the financial statements most
recently delivered to the Administrative Agent pursuant to Section 6.01(c) hereof or (D) estimated in the formal notes to the financial statements most recently delivered to the Administrative Agent pursuant to
Section 6.01(a) hereof except where such failure to fund, insure, provide for, recognize or estimate the liabilities arising under such arrangements could reasonably be expected to result in a Material Adverse Effect. 

(ii)    There are no circumstances which may give rise to a liability in relation to the Employee
Benefit Arrangements which are not funded, insured, provided for, recognized or estimated in the manner described in clause (i) above and which could reasonably be expected to result in a Material Adverse Effect. 

(iii)    Each Group Company is in compliance with all applicable Laws, trust documentation and
contracts relating to the Employee Benefit Arrangements, except where failure to be in such compliance could not reasonably be expected to result in a Material Adverse Effect. 

(iv)    Except as set forth on Schedule 5.15, the execution and delivery of the Acquisition
Agreement and the consummation of the transactions contemplated thereby (i) does not require any Group Company to make any contributions (including accelerating the timing of contributions) in respect of the Hillman Companies Inc. Non-Qualified
Deferred Compensation Plan and (ii) does not otherwise increase the liability of any Group Company under such plan, in each case, except as could not reasonably be expected to result in a Material Adverse Effect. 

Section 5.16    Subsidiaries.    Schedule 5.16 sets forth a complete and
accurate list as of the Closing Date of all Subsidiaries of Holdings. Schedule 5.16 sets forth as of the Closing Date the jurisdiction of formation of each such Subsidiary, whether each such Subsidiary is a Subsidiary Guarantor, the number of
authorized shares of each class of Equity Interests of each such Subsidiary, the number of outstanding shares of each class of Equity Interests, the number and percentage of outstanding shares of each class of Equity Interests of each such
Subsidiary owned (directly or indirectly) by any Person and the number and effect, if exercised, of all Equity Equivalents with respect to Capital Stock of each such Subsidiary. All the outstanding Equity Interests of each Subsidiary of OH Holdings
are validly 
  

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issued, fully paid and non-assessable and were not issued in violation of the preemptive rights of any shareholder and, as of the Closing Date, are owned by Holdings, directly or indirectly, free
and clear of all Liens (other than those arising under the Collateral Documents). Other than as set forth on Schedule 5.16, as of the Closing Date, no such Subsidiary has outstanding any Equity Equivalents nor does any such Person have
outstanding any rights to subscribe for or to purchase or any options for the purchase of, or any agreements providing for the issuance (contingent or otherwise) of, or any calls, commitments or claims of any character relating to, its Equity
Interests. Holdings has no Subsidiaries, other than Intermediate Holdings, the Borrower and its Subsidiaries. 
 Section
5.17    Governmental Regulations, Etc. 
 (a)    None of Holdings and its
Subsidiaries is engaged principally, or as one of its important activities, in the business of extending credit for the purpose of purchasing or carrying “margin stock” within the meaning of Regulation U. No part of the Letters of
Credit or proceeds of the Loans will be used, directly or indirectly, for the purpose of purchasing or carrying any “margin stock” within the meaning of Regulation U. If requested by any Lender or the Administrative Agent, the Borrower
will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of FR Form U-1 referred to in Regulation U. No indebtedness being reduced or retired out of the proceeds of the Loans
was or will be incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any “margin security” within the meaning of Regulation T. “Margin stock” within the meaning of Regulation U
does not constitute more than 25% of the value of the consolidated assets of Holdings and its Consolidated Subsidiaries. None of the transactions contemplated by this Agreement (including the direct or indirect use of the proceeds of the Loans) will
violate or result in a violation of the Securities Act, the Exchange Act, or Regulation T, U or X. 

(b)    None of the Group Companies is subject to regulation under the Investment Company Act of 1940, as amended. In
addition, none of the Group Companies is (i) an “investment company” registered or required to be registered under the Investment Company Act of 1940, as amended, or (ii) “controlled” by an “investment
company”, in each case within the meaning of such Act. 
 Section 5.18    Purpose of Loans and
Letters of Credit.    The proceeds of the Term Loans made on the Closing Date shall be used by the Borrower to (i) fund, in part, the Acquisition (including refinancing or retiring Debt outstanding under the
Refinanced Agreements and (ii) pay any fees and expenses paid in connection with the Transactions contemplated by this Agreement. The proceeds of the Revolving Loans and Swingline Loans made on the Closing Date will be used solely to pay the
Closing Fees attributable to the Revolving Facility and, thereafter, to provide for the working capital requirements of the Borrower and its Subsidiaries and for the general corporate purposes of the Borrower and its Subsidiaries (including capital
expenditures and Permitted Business Acquisitions). The Letters of Credit shall be used only for or in connection with appeal bonds, reimbursement obligations arising in connection with surety and reclamation bonds, reinsurance, domestic or
international trade transactions and other obligations relating to transactions entered into by the Borrower and its Subsidiaries in the ordinary course of business and for the general corporate purposes of the Borrower and its Subsidiaries.

 Section 5.19    Labor Matters.    There are no strikes against OH
Holdings or any of its Subsidiaries, other than any strikes that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. The hours worked and payments made to employees of Holdings and its
Subsidiaries have not been in violation in any material respect of the Fair Labor Standards Act or any other applicable Law dealing with such matters, except to the extent any such violation or violations, could not, individually or in the
aggregate, reasonably be expected to result in a 
  

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Material Adverse Effect. All material payments due from OH Holdings or any of its Subsidiaries, or for which any claim may be made against OH Holdings or any of its Subsidiaries, 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 the Borrower and its Subsidiaries, as applicable. The consummation of the Transactions will not give rise to a right of
termination or right of renegotiation on the part of any union under any collective bargaining agreement to which OH Holdings or any of its Subsidiaries is a party or by which OH Holdings or any of its Subsidiaries (or any predecessor) is bound,
other than collective bargaining agreements which, individually or in the aggregate, are not material to Holdings and its Subsidiaries taken as a whole. 

Section 5.20    Environmental Matters.    Except as disclosed on Schedule
5.20, no Group Company has failed to comply with any Environmental Law or to obtain, maintain, or comply with any permit, license or other approval required under any Environmental Law or is subject to any Environmental Liability which, in any
of the foregoing cases, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect, or has received notice of any claim with respect to any Environmental Liability, or knows of any basis for any
Environmental Liability against any Group Company, in either case which, individually or in the aggregate, could reasonably be expected to result in a Material Adverse Effect. 

Section 5.21    Intellectual Property.    (a) Part A of
Schedule 5.21 (as such schedule may be amended or supplemented from time to time) sets forth a true and complete list of (i) all United States and foreign registrations of and applications for Patents, Trademarks, domain names and
Copyrights owned by Holdings and its domestic Subsidiaries and all material United States and foreign registrations of and applications for Patents, Trademarks, domain names and Copyrights owned by Foreign Subsidiaries of Holdings, and (ii) all
Licenses material to the business of the Borrower and its Subsidiaries. 
 (b)    Holdings and its
Subsidiaries own, or possess the right to use, all of the Intellectual Property, franchises, and other rights that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person,
except to the extent the failure to own or possess such rights could not reasonably be expected to result in a Material Adverse Effect. 

(c)    To the best knowledge of Holdings and the Borrower, no Trademark, slogan or other advertising device, product,
process, method, substance, part or other material now employed by the Borrower or any Subsidiary infringes upon, dilutes, misappropriates, or otherwise violates any rights held by any other Person, except to the extent any such infringement,
dilution, misappropriation or other violation, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 

(d)    Holdings, the Borrower and their Subsidiaries have taken all action reasonably necessary to maintain and
preserve their rights in the Intellectual Property owned by Holdings, the Borrower and their Subsidiaries, including paying all renewal, maintenance, and other fees and taxes required to maintain each and every registration and application of
Intellectual Property in full force and effect, except to the extent the failure to take such action would not result in a Material Adverse Effect. 

(e)    The Intellectual Property owned by Holdings and its Subsidiaries that is material to the business of Holdings,
the Borrower and their Subsidiaries is valid and enforceable in all material respects, and no holding, decision, or judgment has been rendered in any action or proceeding before any court or administrative authority challenging the validity of
Holdings or the Borrower’s or their Subsidiaries’ right to register, or Holdings or the Borrower’s or their Subsidiaries’ rights to own or use any Intellectual Property, and no such action or proceeding is pending or, to Holdings
or the Borrower’s and their Subsidiaries’ knowledge, threatened, except as disclosed in Part E of Schedule 5.21 or except as would not result in a Material Adverse Effect. 

 

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 (f)    All registrations and applications for
Copyrights, Patents and Trademarks required to be listed on Part A of Schedule 5.21 are standing in the name of the Borrower or one of its Subsidiaries, and no material Intellectual Property has been licensed by Holdings, the Borrower
or their Subsidiaries to any third party, except in the ordinary course of business (all such Licenses in effect on the Closing Date being as disclosed in Part F of Schedule 5.21). 

Section 5.22    Solvency.    Each of (a) Holdings, (b) HGI and
(c) OH Holdings and its Consolidated Subsidiaries (on a consolidated basis) is and, after consummation of the Transactions, will be Solvent. 

Section 5.23    Disclosure.    No information or data (excluding financial
projections, budgets, estimates and general market data) made by any Credit Party in any Finance Document or furnished to the Administrative Agent or any Lender by or on behalf of any Credit Party in connection with any Finance Document, when taken
as a whole as of the date furnished contains any untrue statement of a material fact or omits any material fact necessary to make the statements therein, in light of the circumstances under which they were made, not misleading in light of the
circumstances under which such statements were made; provided that (i) to the extent any such statement, information or report therein was based upon or constitutes a forecast or projection, the Borrower represents only that it acted in
good faith and utilized assumptions believed by it to be reasonable at the time made (it being understood and agreed that projections as to future events are not to be viewed as facts or guaranties of future performance, that actual results during
the period or periods covered by such projections may differ from the projects results and that such differences may be material and that the Credit Parties make no representation that such representations will in fact be realized) and (ii) as
to statements, information and reports specified as having been supplied by third parties, other than Affiliates of the Borrower or any of its Subsidiaries, the Borrower represents only that it is not aware of any material misstatement or omission
therein. 
 Section 5.24    Collateral Documents. 

(a)    Article 9 Collateral.    Each of the Security Agreement and Pledge Agreement
is effective to create in favor of the Collateral Agent, for the ratable benefit of the Finance Parties, a valid and enforceable security interest in the Collateral described therein and, upon the filing of the financing statements naming each
Guarantor as “debtor” and the Collateral Agent a “secured party” and describing the collateral on or about the Closing Date in the offices specified on Schedule 9.01 to the Security Agreement and assuming that the Pledged
Collateral that was delivered to the Collateral Agent on the Closing Date remains under the control of the Collateral Agent, each of the Security Agreement and Pledge Agreement constitutes a fully perfected Lien on, and security interest in, all
right, title and interest of the grantors thereunder in such of the Collateral in which a security interest can be perfected under Article 9 of the Uniform Commercial Code, in each case securing the Finance Documents prior in right to any other
Person, other than with respect to Permitted Liens. 
 (b)    Intellectual
Property.    When financing statements in appropriate form are filed in the offices specified on Schedule 4.01 to the Security Agreement, the Assignment of Security Interest in United States Patents, substantially in the
form of Exhibit A to the Security Agreement, and the Assignment of Security Interest in United States Trademarks, substantially in the form of Exhibit B to the Security Agreement, are filed in the United States Patent and Trademark Office, and the
Assignment of Security Interest in United States Copyrights, substantially in the form of Exhibit C to the Security Agreement, is filed in the United States Copyright Office, the Security Agreement shall constitute a fully

  

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perfected Lien on, and security interest in, all right, title and interest of the grantors thereunder in the United States Trademarks, Copyrights and Patents covered in such documents, in each
case prior in right to any other Person (it being understood that subsequent recordings in the United States Patent and Trademark Office and the United States Copyright Office may be necessary to perfect a lien on registered Trademarks, Trademark
applications and Copyrights acquired by the Credit Parties after the Closing Date). 

(c)    Real Property Mortgages.    The Mortgages are effective to
create in favor of the Collateral Agent, for the ratable benefit of the Finance Parties, a legal, valid and enforceable Lien on all of the right, title and interest of the Credit Parties in and to the Mortgaged Properties thereunder and the proceeds
thereof, and when the Mortgages are filed in the offices specified on Schedule 5.24(c), the Mortgages shall constitute a fully perfected Lien on, and security interest in, all right, title and interest of the Credit Parties in such Mortgaged
Properties and the proceeds thereof, in each case prior in right to any other Person, other than with respect to Permitted Liens. 

(d)    Status of Liens.    The Collateral Agent, for the ratable benefit of the
Finance Parties, will at all times have the Liens provided for in the Collateral Documents and, subject to the filing by the Collateral Agent of continuation statements to the extent required by the Uniform Commercial Code, the Collateral Documents
will at all times constitute valid and continuing liens of record and first priority perfected security interests in all the Collateral referred to therein, except as priority may be affected by Permitted Liens. 

Section 5.25    Ownership. 

(a)    Securities of HGI.    Intermediate Holdings owns good and valid legal title
to all the outstanding common stock of HGI, free and clear of all Liens of every kind, whether absolute, matured, contingent or otherwise, other than those arising under the Collateral Documents and Permitted Liens. Except as set forth on
Schedule 5.25, there are no shareholder agreements or other agreements pertaining to Intermediate Holdings’ beneficial ownership of the common stock of HGI, including any agreement that would restrict Intermediate Holdings’ right to
dispose of such common stock and/or its right to vote such common stock. 
 (b)    Holdings Equity
Interests.    OH Holdings owns good and valid legal title to all the outstanding common stock of Holdings, free and clear of all Liens of every kind, whether absolute, matured, contingent or otherwise, other than those
arising under the Collateral Documents and Permitted Liens. Except as set forth on Schedule 5.25, as of the Closing Date there are no shareholders agreements or other agreements pertaining to Permitted Investors’ beneficial ownership of
the common stock of Holdings, including any agreement that would restrict the Permitted Investors’ right to dispose of such common Equity Interests and/or its right to vote such common Equity Interests. 

(c)    OH Holdings Equity Interests.    As of the Closing Date, the Sponsor owns at
least 80% of the outstanding common stock of OH Holdings and the management of HGI owns not more than 10% of the equity of OH Holdings, in each case, free and clear of all Liens of every kind, whether absolute, matured, contingent or otherwise,
other than those arising under the Collateral Documents and Permitted Liens. 
 Section
5.26    Certain Transactions. 
 (a)    Acquisition
Agreement.    As of the Closing Date, (i) the Acquisition Agreement had not been amended or modified, nor has any material condition thereof been waived by any party thereto, (ii) all conditions to the
obligations of Holdings and the Borrower to consummate the transactions 
  

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contemplated by the Acquisition Agreement have been satisfied or waived in accordance with Section 4.01(h) and (iii) the transactions contemplated by the Acquisition Agreement
have been consummated in accordance with the Acquisition Agreement in all material respects and all applicable requirements of Law. 

(b)    Senior Note Documents.    As of the Closing Date, (i) the Senior Note
Documents have not been amended or modified nor has any condition thereof been waived by the Borrower in a manner adverse in any material respect to the rights or interests of the Lenders and (ii) all funds advanced by the Senior Note Documents
on the Closing Date have been used to consummate the transactions contemplated by the Acquisition Agreement. 

(c)    Junior Debentures.    As of the Closing Date, (i) the Junior Debentures
Documents have not been amended or modified and (ii) nor has any condition thereof been waived by the Borrower in a manner adverse in any material respect to the rights or interests of the Lenders. 

(d)    No Broker’s Fees.    No broker’s or finder’s fee or
commission will be payable with respect to this Agreement or any of the transactions contemplated hereby as a result of any action by or on behalf of the Borrower or their Affiliates, and each of Holdings and the Borrower hereby indemnifies each
Agent and each Lender against, and agrees that it will hold each Agent and each Lender harmless from, any claim, demand or liability for any such broker’s or finder’s fees alleged to have been incurred in connection herewith or therewith
and any expenses (including reasonable fees, expenses and disbursements of counsel) arising in connection with any such claim, demand or liability. 

ARTICLE VI 

AFFIRMATIVE COVENANTS 

Each of the Credit Parties agrees that so long as any Lender has any Commitment hereunder, any Senior Obligation or other amount payable
hereunder or under any Note or other Finance Document or any LC Obligation (in each case other than contingent indemnification obligations) remains unpaid or any Letter of Credit remains unexpired: 

Section 6.01    Information.    The Borrower will furnish, or cause to be
furnished, to the Administrative Agent for delivery to each of the Lenders: 
 (a)    Annual Financial
Statements.    As soon as available, and in any event within 120 days after the end of each fiscal year of the Borrower, a consolidated balance sheet and income statement of Holdings and its Consolidated
Subsidiaries, as of the end of such fiscal year, and the related consolidated statement of operations and retained earnings and consolidated statement of cash flows for such fiscal year, setting forth in comparative form consolidated figures for the
preceding fiscal year and corresponding figures from the annual forecast, all such financial statements to be in reasonable form and detail and (in the case of such consolidated financial statements) audited by independent certified public
accountants of recognized national standing reasonably acceptable to the Administrative Agent and accompanied by an opinion of such accountants (which shall not be qualified or limited in any material respect; provided, a qualification or exception
may be included in any audit report for any period ending within the twelve (12) month period preceding the Term Loan Maturity Date to the extent such qualification is made solely as a result of such Term Loan being reported as short term
indebtedness) to the effect that such consolidated financial statements have been prepared in accordance with GAAP and present fairly in all material respects the consolidated financial position and consolidated results of operations and cash flows
of Holdings and its Consolidated Subsidiaries in accordance with GAAP consistently applied (except for changes with which such accountants concur) and accompanied by a written statement by the accountants reporting on compliance with this Agreement
to the effect that in the 
  

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course of the audit upon which their opinion on such financial statements was based (but without any special or additional audit procedures for the purpose), they obtained knowledge of no
condition or event relating to financial matters which constitutes a Default or an Event of Default or, if such accountants shall have obtained in the course of such audit knowledge of any such Default or Event of Default, disclosing in such written
statement the nature and period of existence thereof, it being understood that such accountants shall be under no liability, directly or indirectly, to the Lenders for failure to obtain knowledge of any such condition or event. 

(b)    Quarterly Financial Statements.    As soon as available, and in any event
within 45 days after the end of each of the first three fiscal quarters in each fiscal year of the Borrower (or within 60 days after the end of the fiscal quarter ended June 30, 2010), a consolidated balance sheet of Holdings and its
Consolidated Subsidiaries as of the end of such fiscal quarter, together with related consolidated statement of operations and retained earnings and consolidated statement of cash flows for such fiscal quarter and the then elapsed portion of such
fiscal year, setting forth in comparative form consolidated figures for the corresponding periods of the preceding fiscal year and the annual forecast, all such financial statements to be in form and detail and reasonably acceptable to the
Administrative Agent, and accompanied by a certificate of the chief financial officer of the Borrower to the effect that such quarterly financial statements have been prepared in accordance with GAAP and present fairly in all material respects the
consolidated financial position and consolidated results of operations and cash flows of Holdings and its Consolidated Subsidiaries in accordance with GAAP consistently applied, subject to changes resulting from normal year-end audit adjustments and
the absence of footnotes required by GAAP. 
 (c)    Monthly Financial
Statements.    As soon as available, and in any event within 30 days after the end of each month in each fiscal year of the Borrower, a consolidated balance sheet of Holdings and its Consolidated Subsidiaries as of the
end of such month, together with related consolidated statement of operations and retained earnings and consolidated statement of cash flows for such month and the then elapsed portion of such fiscal year, setting forth in comparative form
consolidated figures for the corresponding periods of the preceding fiscal year and the annual forecast, all such financial statements to be in form and detail and reasonably acceptable to the Lenders, and accompanied by a certificate of the chief
financial officer of the Borrower to the effect that such monthly financial statements have been prepared in accordance with GAAP and present fairly in all material respects the consolidated financial position and consolidated results of operations
and cash flows of Holdings and its Consolidated Subsidiaries in accordance with GAAP consistently applied, subject to changes resulting from normal year-end audit adjustments and the absence of footnotes required by GAAP. 

(d)    Officer’s Certificate.    At the time of delivery of the financial
statements provided for in Sections 6.01(a) and 6.01(b) above, a certificate of the chief financial officer or other appropriate Responsible Officer of the Borrower (i) demonstrating compliance with the financial covenants
contained in Section 7.16 by calculation thereof as of the end of the fiscal period covered by such financial statements, (ii) stating that no Default or Event of Default exists, or if any Default or Event of Default does exist,
specifying the nature and extent thereof and what action the Borrower and the other Credit Parties propose to take with respect thereto and (iii) stating whether, since the date of the most recent financial statements delivered hereunder, there
has been any material change in the GAAP applied in the preparation of the financial statements of OH Holdings and its Consolidated Subsidiaries, and, if so, describing such change. 

(e)    Annual Business Plan and Budgets.    At least 90 days after the end of each
fiscal year of the Borrower, an annual business plan and budget of Holdings and its Consolidated Subsidiaries containing, among other things, projected financial statements for the then-current fiscal year. 

 

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 (f)    Excess Cash Flow.    Within 120
days after the end of each fiscal year of the Borrower, a certificate of the chief financial officer of the Borrower containing information regarding the calculation of Excess Cash Flow for such fiscal year. 

(g)    Auditor’s Reports.    Within five Business Days of receipt thereof, a
copy of any other final report or “management letter” submitted by independent accountants to Holdings, the Borrower or any of their respective Subsidiaries in connection with any annual, interim or special audit of the books of OH
Holdings, the Borrower or any of their respective Subsidiaries. 

(h)    Reports.    Promptly upon transmission or receipt thereof, copies of all
filings and registrations with, and reports to or from, the Securities and Exchange Commission, or any successor agency, and copies of all financial statements, proxy statements, notices and reports any Group Company shall send to its shareholders
generally or to a holder of the Junior Debentures or holders of any other Debt (excluding Capital Leases) owed by any Group Company where the outstanding amount of principal and interest in respect of such other Debt exceeds $5,000,000, in their
capacity as such a holder. 
 (i)    Notices.    Prompt notice of:
(i) the occurrence of any Default or Event of Default; (ii) any matter that has resulted or may result in a Material Adverse Effect, including, if applicable, (A) breach or non-performance of, or any default under, any material
agreement of OH Holdings or any of its Subsidiaries; (B) any dispute, litigation, investigation, proceeding or suspension between OH Holdings or any of its Subsidiaries and any Governmental Authority; (C) the commencement of, or any
material adverse development in, any litigation or proceeding affecting OH Holdings or any of its Subsidiaries, including pursuant to any applicable Environmental Law; (D) any litigation, investigation, Environmental Liability or proceeding
affecting any Credit Party in which the amount involved exceeds $5,000,000, or in which injunctive relief or similar relief is sought, which relief, if granted, could be reasonably expected result in a Material Adverse Effect; and (E) any
material change in accounting policies or financial reporting practice by OH Holdings or any of its Subsidiaries. Each notice pursuant to this Section 6.01(i) shall (i) be accompanied by a statement of a Responsible Officer of the
Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower or any other Credit Party has taken and proposes to take with respect thereto and (ii) describe with particularity any and all Defaults or
Events of Default. 
 (j)    Employee Benefits
Arrangements.    (i) The Borrower will give written notice to the Administrative Agent promptly (and in any event within five Business Days after any officer of any Group Company obtains knowledge thereof) of:
(A) any event or condition that constitutes, or is reasonably likely to lead to, an ERISA Event; or (B) any change in the funding status of any Plan that could reasonably be expected to result in a Material Adverse Effect, together with a
description of any such event or condition or a copy of any such notice and a statement by the chief financial officer of the Borrower briefly setting forth the details regarding such event, condition or notice and the action, if any, which has been
or is being taken or is proposed to be taken by the Borrower and the other Credit Parties with respect thereto. Promptly upon request, the Borrower shall furnish the Administrative Agent and the Lenders with such additional information concerning
any Plan or Employee Benefit Arrangement as may be reasonably requested, including, but not limited to, with respect to any Plans, copies of each annual report/return (Form 5500 series), as well as all schedules and attachments thereto required to
be filed with the Department of Labor and/or the Internal Revenue Service pursuant to ERISA and the Code, respectively, for each “plan year” (within the meaning of Section 3(39) of ERISA) of each Plan; and (ii) the Borrower will
promptly deliver to the Administrative Agent the most recently prepared actuarial reports in relation to the Employee Benefit Arrangements for the time being operated by Group Companies which are prepared in order to comply with the then current
statutory or auditing requirements within the relevant jurisdiction. 
  

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 (k)    Information Regarding
Collateral.    The Borrower shall furnish to the Collateral Agent prompt written notice of any change (A) in any Credit Party’s corporate name, (B) in any Credit Party’s identity or corporate
structure, (C) in any Credit Party’s jurisdiction of organization or (D) in any Credit Party’s Federal Taxpayer Identification Number or state organizational identification number. The Borrower agrees not to effect or permit any
change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected
security interest in all the Collateral as contemplated in the Collateral Documents. The Borrower also agrees promptly to notify the Collateral Agent if any material portion of the Collateral is damaged or destroyed. 

(l)    Annual Collateral Verification.    Each year, at the time of delivery of
annual financial statements with respect to the preceding fiscal year pursuant to Section 6.01(a), the Borrower shall deliver to the Collateral Agent a certificate of a Responsible Officer (i) either confirming that there has been no
change in such information since the date of the Perfection Certificate delivered on the Closing Date or the date of the most recent certificate delivered pursuant to this Section and/or identifying such changes and (ii) certifying that all
Uniform Commercial Code financing statements (including fixtures filings, as applicable) and all supplemental intellectual property security agreements or other appropriate filings, recordings or registrations, have been filed of record in each
governmental, municipal or other appropriate office in each jurisdiction identified pursuant to clause (i) above (or in such Perfection Certificate) to the extent necessary to effect, protect and perfect the security interests under the
Collateral Documents for a period of not less than 18 months after the date of such certificate (except as noted therein with respect to any continuation statements to be filed within such period). 

(m)    Certification of Public Information.    OH Holdings and each Lender
acknowledge that certain of the Lenders may be “public-side” Lenders (Lenders that do not wish to receive material non-public information with respect to OH Holdings, its Subsidiaries or their securities) and, if documents or notices
required to be delivered pursuant to this Section 6.01 or otherwise are being distributed through IntraLinks/IntraAgency, SyndTrak or another relevant website or other information platform (the “Platform”), any document or
notice that OH Holdings has indicated contains non-public information shall not be posted on that portion of the Platform designated for such public-side Lenders. OH Holdings agrees to clearly designate all Information provided to the Administrative
Agent by or on behalf of OH Holdings which is suitable to make available to Public Lenders. If OH Holdings has not indicated whether a document or notice delivered pursuant to this Section 6.01 contains non-public Information, the
Administrative Agent shall treat such document or notice as containing non-public information. 

(n)    Credit Ratings.    Prompt written notice after any Credit Party obtains
knowledge of any change in the Borrower’s corporate rating by S&P, in the Borrower’s corporate family rating by Moody’s or in the ratings of the credit facilities hereunder by S&P or Moody’s, or any notice from either
such agency indicating its intent to effect such a change or to place the Borrower or the credit facilities hereunder on a “CreditWatch” or “WatchList” or any similar list, in each case with negative implications, or its
cessation of, or its intent to cease, rating the Borrower or the credit facilities hereunder; and 

(o)    Insurance Report.    As soon as practicable and in any event by the last day
of each Fiscal Year commencing with 2011, a certificate from the Borrower’s insurance broker(s) in form and scope to that delivered pursuant to Section 4.01(k) outlining all material insurance coverage maintained as of the date of
such certificate by OH Holdings and its Subsidiaries; 
 (p)    Other
Information.    With reasonable promptness upon request therefor, such other information regarding the business, properties or financial condition of any Group Company as the Administrative Agent or any other Finance
Party may reasonably request, which may include such 
  

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information as any Lender may reasonably determine is necessary or advisable to enable it either (i) to comply with the policies and procedures adopted by it and its Affiliates to comply
with the Bank Secrecy Act, the U.S. Patriot Act and all applicable regulations thereunder or (ii) to respond to requests for information concerning OH Holdings and its Subsidiaries from any government, self-regulatory organization or financial
institution in connection with its anti-money laundering and anti-terrorism regulatory requirements or its compliance procedures under the U.S. Patriot Act, including in each case information concerning the Borrower’s direct and indirect
shareholders and its use of the proceeds of the Credit Extensions hereunder. 
 Section
6.02    Preservation of Existence and Franchises.    Except as a result of or in connection with a dissolution, merger or disposition of a Subsidiary of the Borrower permitted under
Section 7.04 or Section 7.05, each Group Company will do all things necessary to preserve and keep in full force and effect its legal existence and do or cause to be done all things necessary to obtain, preserve, renew,
extend and keep in full force and effect the rights, licenses, permits, franchises, authorizations, Patents, Copyrights, and Trademarks material to the conduct of its business and to maintain and operate such business in substantially the manner in
which it is presently conducted and operated; provided, however, that neither OH Holdings nor any of its Subsidiaries shall be required to preserve any such rights, licenses, permits, franchises, authorizations or Intellectual Property
if the preservation thereof is no longer desirable in the conduct of the business of the Borrower and its Subsidiaries and the loss thereof could not reasonably be expected to result in a Material Adverse Effect. 

Section 6.03    Books and Records; Lender Meeting.    Each of the Group Companies
will keep complete and accurate books and records of its transactions in accordance with good accounting practices on the basis of GAAP (including the establishment and maintenance of appropriate reserves). At the request of the Administrative
Agent, within 110 days after the end of each fiscal year of the Borrower, the Borrower will conduct a meeting (which may be by telephone) of the Lenders to discuss such fiscal year’s results and the financial condition of OH Holdings and its
Consolidated Subsidiaries. Such meetings shall be held at times and places convenient to the Lenders and to the Borrower. 

Section 6.04    Compliance with Material Contractual Obligations and Law; Employee Benefit
Arrangements.    Each of the Group Companies will comply with all material Contractual Obligations and requirements of Law applicable to it and its properties to the extent that noncompliance with any such Contractual
Obligation or requirement of Law could reasonably be expected to result in a Material Adverse Effect. Without limiting the generality of the foregoing, each of the Group Companies will do each of the following as it relates to any Plan, Foreign
Pension Plan or Employee Benefit Arrangement, except to the extent that failure to do any of the following could not reasonably be expected to result in a Material Adverse Effect: (i) maintain each Plan, Foreign Pension Plan and Employee
Benefit Arrangement in compliance in all material respects with the applicable provisions of ERISA, the Code or other Federal, state or foreign law; (ii) cause each Plan which is qualified under Sections 401(a) and 430 of the Code to maintain
such qualifications; (iii) make all required contributions to any Plan subject to Section 412 of the Code and make all required contributions to Multiemployer Plans; (iv) ensure that there are no Unfunded Liabilities in excess of an
amount that could reasonably be expected to result in a Material Adverse Effect; (v) not become a party to any Multiemployer Plan; (vi) make all contributions (including any special payments to amortize any Unfunded Liabilities) required
to be made in accordance with all applicable laws and the terms of each Foreign Pension Plan in a timely manner; (vii) ensure that all liabilities under the Employee Benefit Arrangements are either (A) funded to at least the minimum level
required by Law or, if higher, to the level required by the terms governing the Employee Benefit Arrangements; (B) insured with a reputable insurance company; (C) provided for or recognized in the accounts most recently delivered to the
Administrative Agent under Section 6.01(c); or (D) estimated in the formal notes to the accounts most recently delivered to the Administrative Agent under Section 6.01(a); (viii) ensure that the contributions

  

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or premium payments to or in respect of all Employee Benefit Arrangements are and continue to be promptly paid at no less than the rates required under the rules of such arrangements and in
accordance with the most recent actuarial advice received in relation to the Employee Benefit Arrangement and generally in accordance with applicable law; and (ix) shall use its reasonable efforts to cause each ERISA Affiliate to do each of the
items listed in clauses (i) through (iv) above as it relates to Plans maintained by or contributed to by such ERISA Affiliate. 

Section 6.05    Payment of Taxes.    Each of the Group Companies will pay and
discharge (i) all taxes, assessments and other governmental charges or levies imposed upon it, or upon its income or profits, or upon any of its properties, before they shall become delinquent and (ii) all lawful claims (including claims
for labor, materials and supplies) which, if unpaid, might give rise to a Lien (other than a Permitted Lien) upon any of its properties; provided, however, that no Group Company shall be required to pay any such tax, assessment,
charge, levy or claim (i) which is being contested in good faith by appropriate proceedings diligently pursued and as to which adequate reserves have been established in accordance with GAAP, (ii) in respect of immaterial, state, local or
foreign taxes, or (iii) unless the failure to make any such payment (A) could give rise to an immediate right to foreclose on a Lien securing such amounts (unless proceedings thereto conclusively operate to stay such foreclosure) or
(B) could reasonably be expected to result in a Material Adverse Effect. 
 Section
6.06    Insurance; Certain Proceeds. 
 (a)    Insurance
Policies.    Each of the Group Companies will at all times maintain in full force and effect insurance (including worker’s compensation insurance, liability insurance or casualty insurance) in such amounts, covering
such risk and liabilities and with such deductibles or self-insurance retentions as are in accordance with normal industry practice or otherwise consistent with past practice of the Group Companies or prudent in the reasonable business judgment of
the senior management of the Borrower. The Collateral Agent shall be named as loss payee or mortgagee, as its interest may appear, with respect to all such property and casualty policies and additional insured with respect to all such other policies
(other than workers’ compensation, employee health and directors and officers policies), and each provider of any such insurance shall agree, by endorsement upon the policy or policies issued by it or by independent instruments furnished to the
Collateral Agent, that if the insurance carrier shall have received written notice from the Collateral Agent of the occurrence and continuance of an Event of Default, the insurance carrier shall pay all proceeds otherwise payable to Holdings or one
or more of its Subsidiaries under such policies directly to the Collateral Agent (which agreement shall be evidenced by a “standard” or “New York” lender’s loss payable endorsement in the name of the Collateral Agent on
Accord Form 25 or 27, as applicable) and that it will give the Collateral Agent 30 days’ prior written notice before any such policy or policies shall be altered or canceled, and that no act or default of any Group Company or any other Person
shall affect the rights of the Collateral Agent or the Lenders under such policy or policies. 

(b)    Loss Events.    In case of any Casualty or Condemnation with respect to any
property of any Group Company or any part thereof in excess of $1,000,000, the Borrower shall promptly give written notice thereof to the Administrative Agent generally describing the nature and extent of such damage, destruction or taking. The
Borrower shall, or shall cause such Group Company to, repair, restore or replace the property of such Person (or part thereof) which was subject to such Casualty or Condemnation, at such Person’s cost and expense, whether or not the Insurance
Proceeds or Condemnation Award, if any, received on account of such event shall be sufficient for that purpose; provided, however, that such property need not be repaired, restored or replaced to the extent the failure to make such
repair, restoration or replacement (i) is desirable to the proper conduct of the business of such Person in the ordinary course and otherwise in the best interest of such Person or (ii) the failure to repair, restore or replace the
property is attributable to the contemplated application of the Insurance 
  

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Proceeds from such Casualty or the Condemnation Award from such Condemnation to the acquisition of other tangible assets used or useful in the business of the Borrower and its Subsidiaries as
contemplated in the definition of “Reinvestment Funds” in Section 1.01 or to payment of the Senior Obligations in accordance with the provisions of Section 2.09(b)(iv). 

(c)    Certain Rights of the Lenders.    In connection with the covenants set forth
in this Section 6.06, it is understood and agreed that none of the Agents, the Lenders or their respective agents or employees shall be liable for any loss or damage insured by the insurance policies required to be maintained under this
Section 6.06, it being understood that the Group Companies shall look solely to their insurance companies or any other parties other than the aforesaid parties for the recovery of such loss or damage. 

Section 6.07    Maintenance of Property.    Each of the Group Companies will
maintain and preserve its properties and equipment material to the conduct of its business in good repair, working order and condition, normal wear and tear and Casualty and Condemnation excepted, and will make, or cause to be made, as to such
properties and equipment from time to time all repairs, renewals, replacements, extensions, additions, betterments and improvements thereto as may be needed or proper in the reasonable good faith business judgment of the Responsible Officers of such
Group Companies. 
 Section 6.08    Use of Proceeds.    The Borrower will
use the proceeds of the Loans and will use the Letters of Credit solely for the purposes set forth in Section 5.18. 

Section 6.09    Audits/Inspections.    Upon reasonable notice and during normal
business hours, each of the Group Companies will permit representatives appointed by the Agents or the Required Lenders to visit and inspect its executive offices and/or manufacturing facilities and, following the occurrence and during the
continuance of any Event of Default, any of its properties, to review and inspect its books and records, accounts receivable and inventory, and to make photocopies or photographs thereof and to write down and record any information such
representatives obtain and shall permit the Agents or such representatives to investigate and verify the accuracy of information provided to the Lenders and to discuss all such matters with the officers, employees, independent accountants and
representatives of the Group Companies, in each case so long as a Responsible Officer has been given the opportunity to be present; provided, however, that prior to the occurrence and continuance of an Event of Default, such visits
shall be limited to one per year per location, and the Group Companies shall not be obligated to reimburse the expenses of more than two representatives of the Administrative Agent and the Lenders in the aggregate. 

Section 6.10    Additional Credit Parties; Additional Security. 

(a)    Additional Subsidiary Guarantors.    Each of OH Holdings and the Borrower
will take, and will cause each of its Subsidiaries (other than Foreign Subsidiaries) to take, such actions from time to time as shall be necessary to ensure that all Subsidiaries of OH Holdings (other than the Borrower and Foreign Subsidiaries) are
Subsidiary Guarantors. Without limiting the generality of the foregoing, if any Group Company shall form or acquire any new Subsidiary, the Borrower, as soon as practicable and in any event within 30 days after such formation or acquisition, will
provide the Collateral Agent with notice of such formation or acquisition setting forth in reasonable detail a description of all of the assets of such new Subsidiary and will cause such new Subsidiary (other than a Foreign Subsidiary) to:

 (i)    within 30 days after such formation or acquisition, execute an Accession Agreement
pursuant to which such new Subsidiary shall agree to become a “Guarantor” under the Guaranty, a “Grantor” under the Security Agreement and a “Grantor” under the Pledge Agreement and/or an obligor under such other
Collateral Documents as may be applicable to such new Subsidiary; and 
  

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 (ii)    deliver such proof of organizational authority,
incumbency of officers, opinions of counsel and other documents as is consistent with those delivered by each Credit Party pursuant to Section 4.01 on the Closing Date or as the Administrative Agent, the Collateral Agent or the Required
Lenders reasonably shall have requested. 
 (b)    Additional
Security.    Each of OH Holdings and the Borrower will cause, and will cause each of its Subsidiaries (other than a Foreign Subsidiary) to cause, (i) all of its fee-owned Real Properties acquired subsequent to the
Closing Date having a value in excess of $5,000,000 and personal property located in the United States, other than such Real Properties which are subject to a Permitted Lien the terms of which prohibit the granting of a Lien thereon in favor of the
Finance Parties and (ii) to the extent deemed to be material by the Administrative Agent or the Required Lenders in its or their reasonable discretion, (A) all of its personal property located in the United States (except to the extent
expressly excluded from the Collateral Documents) and (B) all other assets and properties (other than Real Property) of OH Holdings and its Domestic Subsidiaries located in the United States as are not covered by the original Collateral
Documents (or specifically excluded therefrom) and as may be requested by the Collateral Agent or the Required Lenders in their reasonable discretion to be subject at all times to first priority (subject only to Permitted Liens), perfected and, in
the case of owned Real Property referred to under Section 6.10(b)(i) hereof, title insured Liens in favor of the Collateral Agent pursuant to the Collateral Documents or such other security agreements, pledge agreements, mortgages or similar
collateral documents as the Collateral Agent shall request in its reasonable discretion (collectively, the “Additional Collateral Documents”). With respect to any owned Real Property located in the United States acquired by any
Credit Party subsequent to the Closing Date for which the Collateral Agent is entitled to a Lien pursuant to the preceding sentence, such Person will cause to be delivered to the Collateral Agent with respect to such Real Property documents,
instruments and other items of the types required to be delivered pursuant to Section 4.01(k), all in form, content and scope reasonably satisfactory to the Collateral Agent. In furtherance of the foregoing terms of this
Section 6.10, the Borrower agrees to promptly provide the Administrative Agent with written notice of the acquisition by OH Holdings or any of its Subsidiaries of any owned Real Property located in the United States having a market value
greater than $5,000,000 setting forth in each case in reasonable detail the location and a description of the asset(s) so acquired. Without limiting the generality of the foregoing, OH Holdings and the Borrower will cause, and will cause each of
their respective Subsidiaries to cause, 100% of the Equity Interests of each of their respective direct and indirect Subsidiaries (or 65% of such Equity Interests, if such Subsidiary is a direct Foreign Subsidiary, except as provided in
subsection (d) below) to be subject at all times to a first priority, perfected Lien in favor of the Collateral Agent pursuant to the terms and conditions of the Collateral Documents, subject only to Permitted Liens described in
paragraph (ii) and/or (iv) of Section 7.02. 
 If, subsequent to the Closing Date, a Credit
Party shall acquire any material Intellectual Property registrations or applications, securities, instruments, chattel paper or other personal property required to be delivered to the Collateral Agent as Collateral under any of the Collateral
Documents, the Borrower shall promptly (and in any event within 10 Business Days after any Responsible Officer of any Credit Party acquires knowledge of the same) notify the Collateral Agent of the same. Each of the Credit Parties shall adhere to
the covenants regarding the location of personal property as set forth in the Collateral Documents. 
 All such security
interests and mortgages shall be granted pursuant to documentation consistent with the Collateral Documents executed on the Closing Date and otherwise reasonably satisfactory in form and substance to the Collateral Agent and shall constitute valid
and enforceable 
  

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perfected security interests and mortgages prior to the rights of all third Persons and subject to no other Liens except for Permitted Liens. The Additional Collateral Documents or instruments
related thereto shall have been duly recorded or filed in such manner and in such places as are required by law to establish, perfect, preserve and protect the Liens in favor of the Collateral Agent required to be granted pursuant to the Additional
Collateral Documents, and all taxes, fees and other charges payable in connection therewith shall have been paid in full. Subject to Section 4.01(j), the Borrower shall cause to be delivered to the Collateral Agent such opinions of counsel,
title insurance and other related documents as may be reasonably requested by the Collateral Agent to assure itself that this Section 6.10(b) has been complied with. 

(c)    Real Property Appraisals.    If the Collateral Agent or the Required Lenders
determine that they are required by law or regulation to have appraisals prepared in respect of the Real Property of any Group Company constituting Collateral, upon a written request from the Collateral Agent the Borrower shall provide to the
Collateral Agent appraisals which satisfy the applicable requirements set forth in 12 C.F.R., Part 34 - Subpart C or any successor or similar statute, rule, regulation, guideline or order, and which shall be in scope, form and substance, and from
appraisers, reasonably satisfactory to the Required Lenders and shall be accompanied by a certification of the appraisal firm providing such appraisals that the appraisals comply with such requirements. 

(d)    Each of OH Holdings and the Borrower agrees that, except as otherwise provided in this
Section 6.10, each action required by this Section 6.10 shall be completed as soon as reasonably possible, but in no event later than 90 days after such action is either requested to be taken by the Collateral Agent or the
Required Lenders or required to be taken by OH Holdings or any of its Subsidiaries pursuant to the terms of this Section 6.10. 

Section 6.11    Interest Rate Protection Agreements.    Within 90 days after the
Closing Date, the Borrower will have entered into and thereafter maintained in full force and effect interest rate swaps, rate caps, collars or other similar agreements or arrangements designed to hedge the position of the Borrower with respect to
interest rates at rates and on terms reasonably satisfactory to the Administrative Agent, taking into account current market conditions, the effect of which is that at least 50% of the Consolidated Funded Debt of OH Holdings and its Subsidiaries
will bear interest at a fixed or capped rate or the interest cost in respect of which will be fixed or capped for a period expiring no earlier than 36 months after the Closing Date. The Borrower shall have promptly delivered evidence of the
execution and delivery of such agreements to the Administrative Agent. 
 Section
6.12    Contributions.    Within three Business Days following its receipt thereof, OH Holdings will contribute as a common equity contribution to the capital of Holdings, which will then contribute
an equal amount to the capital of Intermediate Holdings, which will then contribute an equal amount to the capital of the Borrower, any cash proceeds received by OH Holdings after the Closing Date from any Asset Disposition, Casualty, Condemnation,
Debt Issuance or Equity Issuance or any cash capital contributions received by OH Holdings after the Closing Date (less any Restricted Payments permitted under Section 7.07 and made in connection with such Asset Disposition, Casualty,
Condemnation, Debt Issuance, Equity Issuance or cash capital contribution). 
 Section 6.13    Control
Accounts; Approved Deposit Accounts. 
 (a)    Within sixty (60) days (or such longer period as the
Collateral Agent may approve) following the Closing Date, each Credit Party shall (i) deposit in an Approved Deposit Account all cash it receives, (ii) not establish or maintain any Securities Account or Commodity Account that is not a
Control Account and (iii) not establish or maintain any Deposit Account other than with a Depositary Bank subject to an effective Depositary Bank Agreement. Notwithstanding the foregoing,

  

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each Credit Party may (x) maintain zero-balance accounts for the purpose of managing local disbursements and may maintain payroll, withholding tax and other fiduciary accounts,
(y) maintain other accounts as long as the aggregate monthly average daily balance over the immediately preceding 12-month period for all such Credit Parties in all such other accounts does not exceed $2,500,000 at any time and (z) make
pledges or cash deposits permitted by Section 7.02. 
 (b)    In the event (i) any Credit Party or
any Depositary Bank shall, after the date hereof, terminate an agreement with respect to the maintenance of an Approved Deposit Account for any reason or (ii) the Collateral Agent shall reasonably demand such termination as a result of the
material failure of a Deposit Account Bank to comply with the terms of the applicable Depositary Bank Agreement; provided, that such Credit Party shall have sixty (60) days (or such longer period as the Collateral Agent may approve)
following such termination or such determination by the Collateral Agent, as applicable, to establish new Deposit Accounts and/or cash management systems with a new Depositary Bank. 

(c)    In the event (i) any Credit Party or any Approved Securities Intermediary shall, after the date hereof,
terminate an agreement with respect to the maintenance of a Control Account for any reason or (ii) the Collateral Agent shall reasonably demand such termination as a result of the material failure of an Approved Securities Intermediary to
comply with the terms of the applicable Securities Account Control Agreement; provided, that such Credit Party shall have sixty (60) days (or such longer period as the Collateral Agent may approve) following such termination or such
determination by the Collateral Agent, as applicable, to establish new Control Accounts and/or cash management systems with a new Approved Securities Intermediary. 

Section 6.14    Maintenance of Ratings.    The Borrower shall use commercially
reasonable efforts (a) to obtain, to the extent not obtained prior to the Closing Date, corporate family and facility ratings issued by Moody’s and S&P with respect to the Borrower and its Subsidiaries, the Loans and the Senior Notes
and (b) to maintain such ratings with each of Moody’s and S&P (including meeting with Moody’s and S&P as required and paying any commercially reasonable fees as required by such rating agencies to maintain such ratings).

 Section 6.15    Borrower Assumption Agreement.    HGI shall deliver a
duly executed Borrower Assumption Agreement and the other agreements and confirmations required under Section 4.03 no later than two Business Days after the Closing Date. 

Section 6.16    Further Assurances.    At any time or from time to time upon the
reasonable request of the Administrative Agent, at the expense of the Credit Parties, promptly execute, acknowledge and deliver such further documents and do such other acts and things as the Administrative Agent or the Collateral Agent may
reasonably request in order to effect fully the purposes of the Finance Documents or to more fully perfect or renew the rights of the Administrative Agent or the Lenders with respect to the Collateral (or with respect to any additions thereto or
replacements or proceeds thereof or with respect to any other property or assets hereafter acquired by the Borrower or any Subsidiary which may be deemed to be part of the Collateral). In furtherance and not in limitation of the foregoing, each
Credit Party shall take such actions as the Administrative Agent or the Collateral Agent may reasonably request from time to time to ensure that the Guaranty Obligations are guarantied by the Guarantors and the Senior Obligations are secured by
substantially all of the assets of OH Holdings and its Domestic Subsidiaries and all of the outstanding Equity Interests of the Borrower and its Subsidiaries (subject to limitations contained in the Loan Documents with respect to Foreign
Subsidiaries). Upon the exercise by the Administrative Agent or the Collateral Agent of any power, right, privilege or remedy pursuant to this Agreement or the other Loan Documents which required any consent, approval, recording, qualification or
authorization of any Governmental Authority, the Borrower will, upon the reasonable request of the 
  

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Administrative Agent or the Collateral Agent, execute and deliver, or will cause the execution and delivery of, all applications, certifications, instruments and other documents and papers that
the Administrative Agent or the Collateral Agent may be required to obtain from OH Holdings or any of its Subsidiaries for such consent, approval, recording, qualification or authorization. 

Section 6.17    Post-Closing Undertakings. 

(a)    The Borrower shall, and shall cause each other Credit Party to, execute, acknowledge and deliver such documents
and do such other acts and things as are necessary or desirable to perfect any security interest in any Collateral not perfected on the Closing Date after the Borrower’s use of commercially reasonable efforts to do so, to the extent perfection
of such Collateral is required under the Finance Documents but is not required by Section 4.01(i) to have occurred on or before the Closing Date, no later than 60 days after the Closing Date (or such later date as the Administrative Agent may
agree). 
 (b)    Within the applicable time period specified in Exhibit P (or such later date to which the
Administrative Agent consents), complete or cause to be completed each action set forth on Exhibit P. 
 ARTICLE VII

 NEGATIVE COVENANTS 

Each of the Credit Parties agrees that so long as any Lender has any Commitment hereunder, any Senior Obligations or other amount payable
hereunder or under any Note or other Finance Document or any LC Obligation (in each case other than contingent indemnification obligations) remains unpaid or any Letter of Credit remains unexpired: 

Section 7.01    Limitation on Debt.    None of the Group Companies will incur,
create, assume or permit to exist any Debt, Derivatives Obligations or Synthetic Lease Obligations except: 

(i)    Debt of the Credit Parties under this Agreement and the other Finance Documents; 

(ii)    Debt arising under (A) the Senior Notes Indenture and the Senior Notes and (B) the
Junior Debentures Indenture and the Junior Debentures (but with respect to this clause (B) not including any renewal, refinancing or extension thereof); 

(iii)    Capital Lease Obligations and Purchase Money Debt of HGI and its Subsidiaries incurred after
the Closing Date to finance Consolidated Capital Expenditures; provided that (A) the aggregate amount of all such Debt (together with refinancing thereof permitted by clause (v) below) does not exceed $5,000,000 at any time
outstanding, (B) the Debt when incurred shall not be less than 75% of the lesser of the cost or fair market value as of the time of acquisition of the asset financed, (C) such Debt is issued and any Liens securing such Debt are created
concurrently with, or within 180 days after, the acquisition of the asset financed and (D) no Lien securing such Debt shall extend to or cover any property or asset of any Group Company other than the asset so financed; 

(iv)    Debt of HGI or its Subsidiaries secured by Liens permitted by clauses (xi),
(xii) and (xiii) of Section 7.02 or any other Debt acquired or assumed in a Permitted Business Acquisition or in connection with the acquisition of assets; provided that (A) the aggregate principal amount of
all Debt acquired or assumed pursuant to this clause (iv) (together 
  

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with refinancings thereof permitted by clause (v) below) shall not exceed (x) in the aggregate, $75,000,000 at any time outstanding at any time prior to the first anniversary of
the Closing Date, $100,000,000 at any time outstanding at any time on or after the first anniversary of the Closing Date and prior to the second anniversary of the Closing Date and $150,000,000 at any time outstanding at any time on or after the
second anniversary of the Closing Date and (y) in the case of any such Debt acquired or assumed by a Credit Party that does not constitute unsecured Subordinated Debt $20,000,000 at any time outstanding and (B) in the case of any such Debt
acquired or assumed by a Credit Party, such Debt was not incurred in connection with, or in anticipation of, the events described in such clauses; 

(v)    Debt (A) of HGI representing a refinancing or replacement of the Senior Notes and Senior
Notes Indenture, (B) of Holdings representing a refinancing, replacement or refunding of the Junior Debentures and Junior Debentures Indenture permitted by clause (ii) above, provided that the Required Lenders shall have
given their prior written consent to such refinancing, replacement or refunding, which consent shall not be unreasonably withheld or delayed, or (C) of HGI or its Subsidiaries representing a refinancing, replacement or refunding of Debt
permitted by clause (iii) or (iv) above, provided in each case that (1) such Debt (the “Refinancing Debt”) is an original aggregate principal amount not greater than the aggregate principal amount
of, and unpaid interest on, the Debt being refinanced, replaced or refunded plus the amount of any premiums required to be paid thereon and fees and expense associated therewith, (2) such Refinancing Debt has a later or equal final maturity and
a larger or equal weighted average life than the Debt being refinanced, replaced or refunded, (3) if the Debt being refinanced, replaced or refunded is subordinated to the Senior Obligations, such Refinancing Debt is subordinated to the Senior
Obligations on terms no less favorable to the Lenders than the terms of the Debt being refinanced, replaced or refunded, (4) the covenants, events of default and any Guaranty Obligations in respect thereof shall be no less favorable to the
Lenders than those contained in the Debt being refinanced, replaced or refunded and (5) after giving effect to, such refinancing, replacement or refunding, no Default or Event of Default shall have occurred and be continuing; 

(vi)    Derivatives Obligations of HGI or any Subsidiary under Derivatives Agreements to the extent
entered into after the Closing Date in compliance with Section 6.11 or to manage interest rate or foreign currency exchange rate risks and not for speculative purposes; 

(vii)    Debt owed to any Person providing property, casualty, liability or other insurance to the
Borrower or any Subsidiary of the Borrower, so long as such Debt shall not be in excess of the amount of the unpaid cost of, and shall be incurred only to defer the cost of, such insurance for the year in which such Debt is incurred and such Debt
shall be outstanding only during such year; 
 (viii)    Debt consisting of Guaranty
Obligations (A) by OH Holdings, Holdings, Intermediate Holdings and the other Subsidiary Guarantors in respect of Debt incurred by HGI under the Senior Notes or otherwise permitted to be incurred by HGI or any of its Subsidiaries,
provided, however, that all such Guaranty Obligations by OH Holdings, Holdings, Intermediate Holdings and the other Subsidiary Guarantors shall be unsecured, (B) by Holdings in respect of Debt incurred by Hillman Group Capital
Trust under the Trust Preferred Securities, (C) by HGI in respect of Debt permitted to be incurred by the Subsidiaries of OH Holdings (other than the Borrower) and (D) by Subsidiaries of OH Holdings (other than the Borrower) of Debt
permitted to be incurred by HGI or Subsidiaries of HGI; 
  

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 (ix)    (A) Debt owing to HGI or a Subsidiary of HGI to
the extent permitted by Section 7.06(a)(ix), (x), (xi) or (xxii) (but, in the case of Foreign Subsidiaries, subject to the limitations set forth in Section 7.01(xviii)) and (B) Debt
owing by HGI to OH Holdings, Holdings or Intermediate Holdings to the extent permitted by (x) Section 7.06(a)(xi) or (y) incurred in connection with tax planning, provided that in the case of (y) the Administrative
Agent shall have given its prior consent such consent not to be unreasonably withheld, conditioned or delayed; 

(x)    contingent liabilities in respect of any indemnification, adjustment of purchase price,
earn-out, incentive, non-compete, consulting, deferred compensation and similar obligations of OH Holdings and its Subsidiaries incurred in connection with the Acquisition and Permitted Business Acquisitions; 

(xi)    Debt of HGI or any of its Subsidiaries that is issued to a seller of assets or a Person the
subject of a Permitted Business Acquisition or that is otherwise incurred to fund consideration payable in a Permitted Business Acquisition (and for no other purpose) in a transaction permitted by this Agreement in an aggregate principal amount at
any one time outstanding not exceeding $40,000,000; provided that (A) any such Debt that constitutes Subordinated Debt shall be unsecured and (B) any such Debt other than Subordinated Debt shall be unsecured and shall not (together
with all Debt assumed pursuant to subclause (A)(y) of the proviso to clause (iv) above) exceed $20,000,000 at any one time outstanding; 

(xii)    unsecured Debt of OH Holdings, Holdings or Intermediate Holdings representing the obligation
of OH Holdings, Holdings or Intermediate Holdings to make payments with respect to the cancellation or repurchase of certain Equity Interests of officers, employees or directors (or their estates) of Holdings and its Subsidiaries, to the extent
permitted by Section 7.07(iii); 
 (xiii)    contingent liabilities in respect of
any indemnification, adjustment of purchase price, earn-out, incentive, non-compete, consulting, deferred compensation and similar obligations of OH Holdings and its Subsidiaries incurred or assumed in connection with the disposition of any
business, assets or a Subsidiary, other than Guaranty Obligations in respect of Debt of any Person acquiring all or any portion of such business, assets or Subsidiary for the purpose of financing such acquisition; 

(xiv)    Debt in respect of performance bonds, bid bonds, appeal bonds, surety bonds and completion
guarantees and similar obligations, in each case provided in the ordinary course of business, including those incurred to secure health, safety and environmental obligations in the ordinary course of business; 

(xv)    Debt arising from the honoring by a bank or other financial institution of a check, draft or
similar instrument drawn against insufficient funds in the ordinary course of business; provided that (A) such Debt (other than credit or purchase cards) is extinguished within three Business Days of its incurrence and (B) such Debt
in respect of credit or purchase cards in extinguished within 60 days from its incurrence; 

(xvi)    accrual of interest on Debt otherwise permitted under this Section 7.01,
accretion or amortization of original issue discount with respect to Debt otherwise permitted under this Section 7.01 and/or Debt incurred as a result of payment of interest in kind on Debt otherwise permitted under this
Section 7.01; 
  

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 (xvii)    Debt or Synthetic Lease Obligations of HGI and
its Subsidiaries not otherwise permitted by this Section 7.01 incurred after the Closing Date in an aggregate principal amount not to exceed $20,000,000 at any time outstanding; provided that no Default or Event of Default shall
have occurred and be continuing immediately before and immediately after giving effect to such incurrence; and 

(xviii)    Debt of Foreign Subsidiaries of HGI in an aggregate principal amount not to exceed
(x) $25,000,000 at any time outstanding, if such Debt is incurred, assumed or acquired in connection with a Permitted Business Acquisition or an acquisition of assets and (y) $1,000,000 at any time outstanding, in the case of any other
Debt. 
 Section 7.02    Restriction on Liens.    None of the Group
Companies will create, incur, assume or permit to exist any Lien on any property or assets (including Equity Interests or other securities of any Person, including any Subsidiary of OH Holdings) now owned or hereafter acquired by it or on any income
or rights in respect of any thereof, except Liens described in any of the following clauses (collectively, “Permitted Liens”): 

(i)    Liens created by the Collateral Documents; 

(ii)    Liens (other than any Liens imposed by ERISA or pursuant to any Environmental Law) for taxes
(including outstanding Chapter 11 taxes), assessments or governmental charges or levies not yet more than 30 days overdue or not required to be paid pursuant to Section 6.05; 

(iii)    Liens securing the charges, claims, demands or levies of landlords, carriers, warehousemen,
suppliers, mechanics, sellers of goods, carriers and other like persons which were incurred in the ordinary course of business and which (A) secure charges, claims, demands, or levies which are not more than 30 days overdue or not required to
be paid pursuant to Section 6.05 or (B) do not, individually or in the aggregate, materially detract from the value of the property or assets which are the subject of such Lien or materially impair the use thereof in the operation
of the business of the Borrower or any of its Subsidiaries or (C) which are being contested in good faith by appropriate proceedings diligently pursued, which proceedings have the effect of preventing the forfeiture or sale of the property or
assets subject to such Lien; 
 (iv)    Liens arising from judgments, decrees or attachments
(or securing of appeal bonds with respect thereto) in circumstances not constituting an Event of Default under Section 8.01; provided that no cash or other property (other than proceeds of insurance payable by reason of such
judgments, decrees or attachments) the fair value of which exceeds $5,000,000 is deposited or delivered to secure any such judgment, decree or award, or any appeal bond in respect thereof; 

(v)    Liens (other than any Liens imposed by ERISA or pursuant to any Environmental Law) not securing
Debt or Derivatives Obligations incurred or deposits made in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other types of social security and other similar obligations incurred in the
ordinary course of business; 
 (vi)    Liens (including pledges or deposits) securing
obligations in respect of surety bonds (other than appeal bonds), bids, trade contracts, public or statutory obligations, leases, government contracts, performance and return-of-money bonds and other similar obligations incurred in the ordinary
course of business; 
  

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 (vii)    pledges or deposits of cash and Cash
Equivalents securing deductibles, self-insurance, co-payment, co-insurance, retentions and similar obligations to providers of insurance on the ordinary cause of business; 

(viii)    zoning restrictions, building codes, easements, rights of way, licenses, reservations,
covenants, conditions, waivers, restrictions on the use of property or other minor encumbrances or irregularities of title not securing Debt or Derivatives Obligations which do not, individually or in the aggregate, materially impair the use of any
Mortgaged Property in the operation or business of OH Holdings or any of its Subsidiaries and any other matters affecting title that would not have a material adverse effect on the use or value of the affected property; 

(ix)    Permitted Encumbrances; 

(x)    Liens securing Capital Lease Obligations and Purchase Money Debt permitted to be incurred under
Section 7.01 (iii) and Liens securing Debt of Foreign Subsidiaries permitted under Section 7.01 (xviii); 

(xi)    any Lien existing on any asset of any Person at the time such Person becomes a Subsidiary of
the Borrower pursuant to a Permitted Business Acquisition and not created in contemplation of such event; 

(xii)    any Lien on any asset of any Person existing at the time such Person is merged or
consolidated with or into the Borrower or a Subsidiary of the Borrower pursuant to a Permitted Business Acquisition and not created in contemplation of such event; 

(xiii)    any Lien existing on any asset prior to the acquisition thereof by the Borrower or a
Subsidiary of the Borrower pursuant to a Permitted Business Acquisition and not created in contemplation of such acquisition; 

(xiv)    any Lien securing Refinancing Debt in respect of any Debt of the Borrower or any Subsidiary
of the Borrower secured by any Lien permitted by clauses (xi), (xii), (xiii) or (xxi) of this Section 7.02; provided that such Debt is not secured by any additional assets; 

(xv)    Liens arising solely by virtue of any statutory or common law provision relating to
banker’s liens, rights of set-off or similar rights, in each case incurred in the ordinary course of business and not given in connection with the incurrence of Debt; 

(xvi)    licenses, sublicenses, leases or subleases granted by a Group Company as lessor to third
Persons in the ordinary course of business not interfering in any material respect with the business of any Group Company; 

(xvii)    Liens on (A) incurred premiums, dividends and rebates which may become payable under
insurance policies and loss payments which reduce the incurred premiums on such insurance policies and (B) rights which may arise under State insurance guarantee funds relating to any such insurance policy, in each case securing Debt permitted
to be incurred pursuant to Section 7.01(vii); 
 (xviii)    any (A) Lien not
securing any Debt, Derivatives Obligations or Synthetic Lease Obligations constituting an interest or title of a licensor, lessor or sublicensor or sublessor under any Operating Lease or license entered into by the Borrower or any of its
Subsidiaries in compliance with this Agreement or (B) Lien resulting from the subordination by any such lessor 

 

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or sublessor of its interest or title under such Operating Lease to any Lien described in subparagraph (viii) above; provided that the holder of such Lien or restriction agrees in
writing to recognize the rights of such lessee or sublessee under such Operating Lease; 

(xix)    Liens in favor of customs and revenue authorities arising as a matter of Law to secure
payment of customs duties in connection with the importation of goods; 
 (xx)    Liens
securing obligations (other than Debt or Derivatives Obligations) under operating, reciprocal easement or similar agreements entered into in the ordinary course of business of the Borrower and its Subsidiaries; 

(xxi)    [reserved] 

(xxii)    Liens solely on any cash earnest money deposits made by the Borrower or any of its
Subsidiaries in connection with any letter of intent or purchase agreement with respect to a Permitted Business Acquisition; 

(xxiii)    Liens upon specific items or inventory or other goods and proceeds of the Borrower or any
of its Subsidiaries securing such Person’s obligations in respect of bankers’ acceptances or documentary letters of credit issued or created for the account of such Person to facilitate the shipment or storage of such inventory or other
goods; and 
 (xxiv)    Liens deemed to exist in the ordinary course in connection with Cash
Equivalents; 
 (xxv)    other Liens incurred by the Borrower and its Subsidiaries if the
aggregate amount of the obligations secured thereby do not exceed at any time $15,000,000; 

(xxvi)    licenses of Intellectual Property granted by a Group Company in the ordinary course of
business, provided that such licenses are not exclusive licenses that are also irrevocable or perpetual in duration; 

(xxvii)    Liens on assets of Foreign Subsidiaries and non-Wholly Owned Domestic Subsidiaries securing
Debt incurred pursuant to Section 7.01(xviii); and 
 (xxviii)    Liens as to which the
fee interest (or any other superior interest) in real property leased by the Borrower or any of its Subsidiaries is subject. 

Section 7.03    Nature of Business.    None of the Group Companies will alter in
any material respect the character of the business conducted by such Person as of the Closing Date except that the Borrower and its Subsidiaries may engage in reasonable extensions thereof and in business reasonably related, ancillary or
complementary thereto. 
 Section 7.04    Consolidation, Merger and
Dissolution.    Except in connection with an Asset Disposition permitted by the terms of Section 7.05, none of the Group Companies will enter into any transaction of merger or consolidation or liquidate, wind
up or dissolve itself or its affairs (or suffer any liquidations or dissolutions); provided that: 

(i)    the Acquisition shall be permitted; 

 

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 (ii)    any Domestic Subsidiary of the Borrower may
merge with and into, or be voluntarily dissolved or liquidated into, the Borrower, so long as (A) the Borrower is the surviving corporation of such merger, dissolution or liquidation, (B) the security interests granted to the Collateral
Agent for the benefit of the Finance Parties pursuant to the Collateral Documents in the assets of the Borrower and such Domestic Subsidiary so merged, dissolved or liquidated shall remain in full force and effect and perfected (to at least the same
extent as in effect immediately prior to such merger, dissolution or liquidation), (C) no Default or Event of Default shall have occurred and be continuing immediately before or immediately after giving effect to such transaction and
(D) no Person other than the Borrower or a Subsidiary Guarantor receives any consideration in respect or as a result of such transaction; 

(iii)    any Domestic Subsidiary of the Borrower may merge with and into, or be voluntarily dissolved
or liquidated into, any other Domestic Subsidiary of the Borrower, so long as (A) in the case of any such merger, dissolution or liquidation involving one or more Subsidiary Guarantors, (y) a Subsidiary Guarantor is the surviving
corporation of such merger, dissolution or liquidation, (z) no Person other than the Borrower or a Subsidiary Guarantor receives any consideration in respect of or as a result of such transaction, (B) the security interests granted to the
Collateral Agent for the benefit of the Finance Parties pursuant to the Collateral Documents in the assets of each Domestic Subsidiary so merged, dissolved or liquidated and in the Equity Interests of the surviving entity of such merger dissolution
or liquidation shall remain in full force and effect and perfected (to at least the same extent as in effect immediately prior to such merger, dissolution or liquidation) and (C) no Default or Event of Default shall have occurred and be
continuing immediately before or immediately after giving effect to such transaction; 

(iv)    any Foreign Subsidiary of the Borrower may be merged with and into, or be voluntarily
dissolved or liquidated into, the Borrower or any Subsidiary of the Borrower, so long as (A) in the case of any such merger, dissolution or liquidation involving one or more Subsidiary Guarantors, (y) the Borrower or a Subsidiary
Guarantor, as the case may be, is the surviving corporation of any such merger, dissolution or liquidation and (z) no Person other than the Borrower or a Subsidiary Guarantor receives any consideration in respect of or as a result of such
transaction, (B) the security interests granted to the Collateral Agent for the benefit of the Finance Parties pursuant to the Collateral Documents in the assets of such Foreign Subsidiary, if any, and the Borrower or such other Subsidiary, as
the case may be, and in Equity Interests of the surviving entity of such merger, dissolution or liquidation shall remain in full force and effect and perfected (to at least the same extent as in effect immediately prior to such merger, dissolution
or liquidation) and (C) no Default or Event of Default shall have occurred and be continuing immediately before or immediately after giving effect to such transaction; 

(v)    the Borrower or any Subsidiary of the Borrower may merge with any Person (other than Holdings)
in connection with a Permitted Business Acquisition if (A) in the case of any such merger involving the Borrower, the Borrower shall be the continuing or surviving corporation in such merger, (B) in the case of any such merger involving a
Subsidiary Guarantor, such Subsidiary Guarantor, as the case may be, shall be the continuing or surviving corporation in such merger or the continuing or surviving corporation in such merger shall, simultaneously with the consummation of such
merger, become a Subsidiary Guarantor having all the responsibilities and obligations of the Subsidiary Guarantor so merged, or (C) the Credit Parties shall cause to be executed and delivered such documents, instruments and certificates as the
Administrative Agent may reasonably request so as to cause the Credit Parties to be in compliance with the terms of Section 6.10 after giving effect to such transactions; 

 

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 (vi)    any Foreign Subsidiary of the Borrower may be
merged with and into, or be voluntarily dissolved or liquidated into, any other Foreign Subsidiary of the Borrower; and 

(vii)    (1) OH Holdings may be merged with and into, or be voluntarily dissolved or liquidated into,
Holdings or Intermediate Holdings, as long as either OH Holdings, Holdings, or Intermediate Holdings, as applicable, shall be the continuing or surviving corporation; (2) Intermediate Holdings may be merged with and into, or be voluntarily
dissolved or liquidated into, OH Holdings or Holdings, as long as either OH Holdings, Holdings, or Intermediate Holdings, as applicable, shall be the continuing or surviving corporation and (3) Holdings may be merged with and into, or be
voluntarily dissolved or liquidated into, OH Holdings or Intermediate Holdings, as long as either OH Holdings, Holdings, or Intermediate Holdings, as applicable, shall be the continuing or surviving corporation. 

In the case of any merger or consolidation permitted by this Section 7.04 of any Subsidiary of OH Holdings which is not a
Credit Party into a Credit Party, the Credit Parties shall cause to be executed and delivered such documents, instruments and certificates as the Administrative Agent may reasonably request so as to cause the Credit Parties to be in compliance with
the terms of Section 6.10 after giving effect to such transaction. Notwithstanding anything to the contrary contained above in this Section 7.04, no action shall be permitted which results in a Change of Control. 

Section 7.05    Asset Dispositions.    None of the Group Companies will make any
Asset Disposition; provided that: 
 (i)    any Group Company may sell inventory in
the ordinary course of business on an arms’-length basis; 
 (ii)    the Borrower may
make any Asset Disposition to any of the Subsidiary Guarantors if (A) the Credit Parties shall cause to be executed and delivered such documents, instruments and certificates as the Administrative Agent or the Collateral Agent may request so as
to cause the Credit Parties to be in compliance with the terms of Section 6.10 after giving effect to such Asset Disposition and (B) after giving effect to such Asset Disposition, no Default or Event of Default exists; 

(iii)    the Borrower and its Subsidiaries may liquidate or sell Cash Equivalents; 

(iv)    the Borrower or any of its Subsidiaries may sell, lease, transfer, assign or otherwise dispose
of assets (other than in connection with any Casualty or Condemnation) to any other Person provided that the aggregate fair market value of all property disposed of pursuant to this clause (iv) does not exceed $3,000,000 in
the aggregate in any fiscal year of the Borrower or $10,000,000 in the aggregate from and after the Closing Date; 

(v)    the Borrower or any of its Subsidiaries may dispose of machinery or equipment which will be
replaced or upgraded with machinery or equipment put to a similar use and owned, or otherwise used or useful in the ordinary course of business of and owned by such Person; provided that (A) such replacement or upgraded machinery and
equipment is acquired within 365 days after such disposition, and (B) upon their acquisition, such replacement assets become subject to the Lien of the Collateral Agent under the Collateral Documents (to the extent in effect immediately prior
to such disposition); 
 (vi)    the Borrower or any of its Subsidiaries may in the ordinary
course of business and in a commercially reasonable manner, dispose of obsolete, worn-out or surplus tangible assets and other excess property no longer used or useful in the ordinary course of business; 

 

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 (vii)    any Group Company may enter into any
Sale/Leaseback Transaction not prohibited by Section 7.13; 
 (viii)    any
Subsidiary of the Borrower may sell, lease or otherwise transfer (x) any or all or substantially all of its assets (including any such transaction effected by way of merger or consolidation) to the Borrower or any Wholly-Owned Domestic
Subsidiary of the Borrower, so long as (A) the security interests granted to the Collateral Agent for the benefit of the Finance Parties pursuant to the Collateral Documents in such assets shall remain in full force and effect and perfected (to
at least the same extent as in effect immediately prior to such sale, lease or other transfer) and (B) after giving effect to such Asset Disposition, no Default or Event of Default exists, and (y) assets to Foreign Subsidiaries or
non-Wholly-Owned Domestic Subsidiaries to the extent permitted by Section 7.06(x); 

(ix)    any non-Wholly-Owned Domestic Subsidiary or Foreign Subsidiary of the Borrower may sell, lease
or otherwise transfer any or all or substantially all of its assets (including any such transactions effected by way of merger or consolidation) to any other non-Wholly-Owned Domestic Subsidiary or Foreign Subsidiary of the Borrower, so long as the
security interests granted to the Collateral Agent for the benefit of the Finance Parties pursuant to the Collateral Documents in such assets, if any, shall remain in full force and effect and perfected (to at least the same extent as in effect
immediately prior to such sale, lease or other transfer); 
 (x)    any Group Company may
(A) lease, as lessor or sublessor, or license, as licensor or sublicensor, real or personal property (including Intellectual Property) in the ordinary course of business and not interfering in any material respect with the business of such
Group Company and (B) grant options to purchase, lease or acquire real or personal property in the ordinary course of business, so long as the Asset Disposition resulting from the exercise of such option would otherwise be permitted under this
Section 7.05; 
 (xi)    any Group Company may dispose of defaulted receivables
and similar obligations in the ordinary course of business and not as part of an accounts receivable financing transaction; 

(xii)    any Group Company may dispose of non-core assets acquired in connection with Permitted
Business Acquisitions; 
 (xiii)    [reserved]; 

(xiv)    any Group Company may make one or more Asset Dispositions in connection with a like-kind
exchange pursuant to Section 1031 of the Code; provided that the Borrower shall have delivered to the Administrative Agent a Pro-Forma Compliance Certificate demonstrating that upon giving effect on a Pro-Forma Basis to such transaction,
the Credit Parties will be in compliance with all of the financial covenants set forth in Section 7.16(a) as of the last day of the most recent period of four consecutive fiscal quarters of Holdings which precedes or ends on the date of
such transaction and with respect to which the Administrative Agent has received the consolidated financial information required under Section 6.01(a) or (b) and the officer’s certificate required under
Section 6.01(c); 
  

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 (xv)    any Group Company may sell or dispose of Equity
Interests in its Subsidiaries to qualify directors where required by applicable law or to satisfy other requirements of applicable law with respect to the ownership of Equity Interests of Foreign Subsidiaries; and 

(xvi)    any Group Company may make any other Asset Disposition; provided that (A) at
least 75% of the consideration therefor is cash or Cash Equivalents; (B) if such transaction is a Sale/Leaseback Transaction, such transaction is permitted by Section 7.01 and Section 7.13; (C) such transaction does
not involve the sale or other disposition of a minority Equity Interest in any Group Company; (D) the aggregate fair market value of all assets sold or otherwise disposed of by the Group Companies in all such transactions in reliance on this
clause (xvi) shall not exceed $10,000,000 in the aggregate from and after the Closing Date; and (E) no Default or Event of Default shall have occurred and be continuing immediately before or immediately after giving effect to such
transaction. 
 Upon consummation of an Asset Disposition permitted under this Section 7.05, the Lien therein created (but not the
Lien on any proceeds thereof) under the Collateral Documents shall be automatically released and the Administrative Agent shall (or shall cause the Collateral Agent to) (to the extent applicable) deliver to the Borrower, upon the Borrower’s
request and at the Borrower’s expense, such documentation as is reasonably necessary to evidence the release of the Collateral Agent’s security interests, if any, in the assets being disposed of, including amendments or terminations of
Uniform Commercial Code Financing Statements, if any, the return of stock certificates, if any, and the release of any Subsidiary being disposed of in its entirety from all of its obligations, if any, under the Finance Documents. 

Section 7.06    Investments. 

(a)    Investments.    None of the Group Companies will hold, make or acquire, any
Investment in any Person, except the following: 
 (i)    Investments existing on the date
hereof in Persons which are Subsidiaries on the date hereof; 
 (ii)    OH Holdings,
Holdings, HGI, Intermediate Holdings or any Subsidiary of HGI may invest in cash and Cash Equivalents; 

(iii)    OH Holdings, Holdings or Intermediate Holdings may acquire and hold obligations of one or
more officers or other employees of OH Holdings, Holdings or any of its Subsidiaries in connection with such officers’ or employees’ acquisition of Equity Interests of OH Holdings, Holdings or Intermediate Holdings, so long as no cash is
paid by OH Holdings or any of its Subsidiaries to such officers or employees in connection with the acquisition of any such obligations or such cash is immediately reinvested in such Equity Interests; 

(iv)    HGI and any Subsidiary of HGI may acquire and hold receivables not constituting Debt owing to
them, if created or acquired in the ordinary course of business; 
 (v)    HGI and each
Subsidiary of HGI may acquire and own Investments (including Debt obligations) received in connection with the bankruptcy or reorganization of suppliers and customers and in settlement of delinquent obligations of, and other disputes with, customers
and suppliers arising in the ordinary course of business; 
 (vi)    deposits by HGI or any
Subsidiary of HGI made in the ordinary course of business consistent with past practices to secure the performance of leases shall be permitted; 
  

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 (vii)    OH Holdings may make equity contributions to
the capital of Holdings which may make equity contributions to the capital of Intermediate Holdings which may make equity contributions to the capital of HGI and each of OH Holdings, Holdings and Intermediate Holdings may incur Guaranty Obligations
permitted under Section 7.01(viii); 
 (viii)    Holdings and Intermediate
Holdings may hold (1) the Trust Common Securities and (2) promissory notes issued by Borrower and Intermediate Holdings; 

(ix)    HGI may make Investments in any of its Wholly-Owned Domestic Subsidiaries and any Subsidiary
of HGI may make Investments in HGI or any Wholly-Owned Domestic Subsidiary of HGI; provided that (A) each item of intercompany Debt evidencing intercompany loans and advances made by a Foreign Subsidiary or a non-Wholly-Owned Domestic
Subsidiary to HGI or a Wholly-Owned Domestic Subsidiary of HGI shall be evidenced by a promissory note in the form of Exhibit G hereto containing the subordination provisions set forth in Exhibit H hereto and (B) each promissory
note evidencing intercompany loans and advances payable to a Credit Party shall be pledged to the Collateral Agent pursuant to the Collateral Documents; 

(x)    HGI and its Subsidiaries may make Investments in any Foreign Subsidiary or any non-Wholly-Owned
Domestic Subsidiary of HGI (A) in the case of Investments by HGI or any Wholly-Owned Domestic Subsidiary of HGI, in an aggregate amount (determined without regard to any write-downs or write-offs of any such Investments constituting Debt
excluding any portion thereof funded with proceeds of a Qualifying Equity Issuance) and together with the fair market value of all assets transferred pursuant to Section 7.05(viii) at any one time outstanding not exceeding (x) when
aggregated with the amount of any Investments made pursuant to Section 7.06(a)((xviii), $50,000,000, if such Investment is made in connection with a Permitted Business Acquisition or any acquisition of assets, and (y) $5,000,000, in the
case of any other Investment, and (B) to the extent such Investments arise from the sale of inventory in the ordinary course of business by HGI or such Subsidiary to such Foreign Subsidiary or non-Wholly-Owned Domestic Subsidiary for resale by
such Foreign Subsidiary or non-Wholly-Owned Domestic Subsidiary (including any such Investments resulting from the extension of the payment terms with respect to such sales); provided that each promissory note evidencing intercompany loans
and advances (other than promissory notes (A) issued by Foreign Subsidiaries of HGI to HGI or any of its Domestic Subsidiaries or (B) held by Foreign Subsidiaries of HGI, in each case except to the extent provided in
Section 6.10(d)) or non-Wholly-Owned Subsidiaries of HGI who are not and are not required to be Credit Parties) shall be pledged to the Collateral Agent pursuant to the Collateral Documents; 

(xi)    so long as no Default or Event of Default is then in existence or would otherwise arise
therefrom, HGI may make Investments in Holdings and Intermediate Holdings, provided that (A) all proceeds thereof are applied by Holdings or passed on by Intermediate Holdings to Holdings solely for the purposes of
Section 7.08(d); (B) no such Investment shall be made if an interest payment in respect of the Junior Debentures could not, but for such Investment, be made in accordance with Section 7.08(d); and (C) each item of
intercompany Debt evidencing intercompany loans and advances made by the Borrower to Holdings or Intermediate Holdings shall be evidenced by a promissory note in the form of Exhibit G hereto containing the subordination provisions set forth
in Exhibit H hereto; 
 (xii)    HGI and its Subsidiaries may make transfers of assets
to HGI and its Subsidiaries in accordance with Section 7.05(viii) and (ix) and in connection with mergers and consolidations permitted under Section 7.04; 

 

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 (xiii)    HGI and its Subsidiaries may purchase
inventory, machinery, equipment and other assets in the ordinary course of business; 

(xiv)    HGI and its Subsidiaries may make expenditures in respect of Permitted Business Acquisitions;

 (xv)    HGI or any of its Subsidiaries may make loans and advances to employees of
Holdings and its Subsidiaries for moving and travel and other similar expenses, in each case in the ordinary course of business, in an aggregate principal amount not to exceed $500,000 at any one time outstanding (determined without regard to any
write-downs or write-offs of such loans and advances); 
 (xvi)    (i) HGI or any of its
Subsidiaries may make loans and advances to OH Holdings, Holdings and Intermediate Holdings, (ii) Intermediate Holdings may make loans and advances to Holdings and OH Holdings and (iii) Holdings may make Loans and advances to OH Holdings,
in each case, for the purposes and in the amounts necessary to make payments described in Section 7.07; 

(xvii)    Holdings and Intermediate Holdings may redeem or repurchase Equity Interests to the extent
permitted by Section 7.07; 
 (xviii)    HGI and its Subsidiaries may make
Investments in Permitted Joint Ventures in an aggregate amount (determined without regard to any write-downs or write-offs of any such Investments constituting Debt but excluding any portion thereof funded with proceeds of an Qualifying Equity
Issuance) at any one time outstanding not exceeding (x) when aggregated with the amount of any Investments made pursuant to Section 7.06(a)(x)(A)(x), $50,000,000, if such Investment is made by a Foreign Subsidiary or in connection
with any Permitted Business Acquisition of a Person that will become a Foreign Subsidiary, and (y) $5,000,000, in the case of any other Investment; 

(xix)    [reserved]; 

(xx)    Investments arising out of the receipt by HGI or any of its Subsidiaries of noncash
consideration for the sale of assets permitted under Section 7.05; 

(xxi)    Investments resulting from pledges and deposits specifically referred to in
Section 7.02; 
 (xxii)    other Investments not otherwise permitted by this
Section 7.06 in an aggregate amount (determined without regard to any write-downs or write-offs of any such Investments constituting Debt but excluding any portion thereof funded with proceeds of an Qualifying Equity Issuance) at any
time outstanding not exceeding the sum of (A) $5,000,000 plus (B) an amount, not exceeding $5,000,000 in the aggregate, equal to that portion of Excess Cash Flow for the fiscal years ended after the Closing Date, if any, not required to be
used to prepay the Loans or Cash Collateralize LC Obligations in accordance with Section 2.09; and 

(xxiii)    customary extensions of trade credit with customers in the ordinary course of business;

 provided that no Group Company may make or own any Investment in Margin Stock in violation of Regulation U. 

 

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 (b)    Limitation on the Creation of
Subsidiaries.    No Group Company will establish, create or acquire after the Closing Date any Subsidiary; provided that HGI and its Subsidiaries shall be permitted to establish, create or acquire Subsidiaries so
long as (i) at least 5 days’ prior written notice thereof is given to the Administrative Agent, (ii) the Investment resulting from such establishment, creation or acquisition is permitted pursuant to Section 7.06(a) above,
(iii) the capital stock or other equity interests of such new Subsidiary (other than a Foreign Subsidiary, except for 65% of such equity interests, if such Foreign Subsidiary is a direct Foreign Subsidiary) is pledged pursuant to, and to the
extent required by, the Pledge Agreement and the certificates representing such interests, together with transfer powers duly executed in blank, are delivered to the Collateral Agent, (iv) such new Subsidiary (other than a Foreign Subsidiary)
executes a counterpart of the Accession Agreement, the Guaranty, the Security Agreement and the Pledge Agreement to the extent required by Section 6.10(b), and (v) such new Subsidiary, to the extent requested by the Administrative
Agent, takes all other actions required pursuant to Section 6.10. 
 Section
7.07    Restricted Payments, etc.    None of the Group Companies will declare or pay any Restricted Payments (other than Restricted Payments payable solely in Equity Interests (exclusive of Debt
Equivalents) of such Person), except that: 
 (i)    any Wholly-Owned Subsidiary of the
Borrower may make Restricted Payments to the Borrower or to any Wholly-Owned Subsidiary of the Borrower; 

(ii)    any non-Wholly-Owned Subsidiary of the Borrower may make Restricted Payments to the Borrower
or to any Wholly-Owned Subsidiary of the Borrower or ratably to all holders of its outstanding Equity Interests; 

(iii)    OH Holdings, Holdings and Intermediate Holdings may redeem or repurchase Equity Interests (or
Equity Equivalents) or to make payments on notes issued in connection with the prior redemption or purchase of such Equity Interests and permitted pursuant to Section 7.01(xii) from (A) officers, employees and directors of any Group
Company (or their estates, spouses or former spouses) upon the death, permanent disability, retirement or termination of employment of any such Person or otherwise or (B) other holders of Equity Interests or Equity Equivalents in OH Holdings,
Holdings and Intermediate Holdings, so long as the purpose of such purchase is to acquire stock for reissuance to new officers, employees and directors (or their estates) of any Group Company, to the extent so reissued within 12 months of any such
purchase; provided that in all such cases (A) no Default or Event of Default is then in existence or would otherwise arise therefrom, (B) the aggregate amount of all cash distributed by the Borrower directly or indirectly to OH
Holdings, Holdings and Intermediate Holdings in respect of all such shares so redeemed or repurchased (or otherwise spent by OH Holdings, Holdings and Intermediate Holdings) does not exceed $2,000,000 in any fiscal year of Holdings (with unused
amounts of up to $1,000,000 being carried forward to succeeding fiscal years for a total of up to $3,000,000 in any fiscal year), and provided further that OH Holdings, Holdings and Intermediate Holdings may purchase, redeem or
otherwise acquire Equity Interests and Equity Equivalents of OH Holdings, Holdings and Intermediate Holdings pursuant to this clause (iii) without regard to the restrictions set forth in the first proviso above for consideration
consisting of the proceeds of key man life insurance obtained for the purposes described in this clause (iii); 

(iv)    so long as no Default or Event of Default is then in existence or would otherwise arise
therefrom, HGI may make cash Restricted Payments, directly or indirectly, to OH Holdings, Holdings and Intermediate Holdings, if OH Holdings, Holdings and Intermediate Holdings promptly use such proceeds for the purposes described in clause
(iii) above; 
  

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 (v)    HGI, Intermediate Holdings and Holdings may make
cash Restricted Payments, directly or indirectly, to Intermediate Holdings, Holdings or OH Holdings, (as the case may be) for the purpose of paying, and in amounts not to exceed the amount necessary to pay, (A) the then currently due fees and
expenses of OH Holdings’ counsel, accountants and other advisors and consultants, and other operating and administrative expenses of OH Holdings (including employee and compensation expenditures and other similar costs and expenses) incurred in
the ordinary course of business that are for the benefit of, or are attributable to, or are related to, including the financing or refinancing of, OH Holdings’ Investment in the Borrower and its Subsidiaries, (B) the then currently due
fees and expenses of OH Holdings’ independent directors and observers and (C) so long as no Default or Event of Default is then in existence or would arise therefrom, other fees and expenses permitted under Section 7.09;

 (vi)    HGI may pay directly or indirectly to Intermediate Holdings or the direct or
indirect parent of Intermediate Holdings the amount that Intermediate Holdings or a direct or indirect parent of Intermediate Holdings is required to pay for federal, state, local income, franchise or similar taxes as the common parent of an
affiliated group (within the meaning of Section 1504 of the Code) or a combined or unitary group of corporations of which HGI is a member and quarterly or annual payments for other taxes incurred by Intermediate Holdings or its direct or
indirect parent (but only to the extent that such other taxes constitute franchise taxes or relate to the operations of, or such persons’ direct or indirect ownership of, HGI and its subsidiaries); provided that (A) such payments
with respect to income, franchise or similar taxes may be made only in respect of the period during which HGI is consolidated, combined, or affiliated with OH Holdings, Holdings, or Intermediate Holdings for purposes of the payment of such taxes and
(B) such payments with respect to income, franchise or similar taxes shall not exceed the aggregate amount that the Borrower reasonably estimates would be payable by HGI and its Subsidiaries if they filed a separate consolidated return with HGI
as the parent, determined without giving effect to any deductions for amounts payable to Intermediate Holdings or the direct or indirect parent of Intermediate Holdings that have not been paid in cash. 

(vii)    so long as no Default or Event of Default is then in existence or would otherwise arise
therefrom, HGI may make Restricted Payments to OH Holdings, directly or indirectly, provided that (A) all proceeds thereof are applied by OH Holdings solely for the purposes of Section 7.08(d); and (B) no such Restricted
Payment shall be made if an interest payment in respect of the Junior Debentures could not, but for such Restricted Payment, be made in accordance with Section 7.08(d); 

(viii)    OH Holdings may make Restricted Payments made with Net Cash Proceeds of one or more
Qualifying Equity Issuances within three Business Days following the receipt thereof; provided that, after giving effect to such Restricted Payment, no Change of Control shall have occurred; 

(ix)    OH Holdings may make noncash repurchases of Equity Interests deemed to occur upon exercise of
stock options if such Equity Interests represent a portion of the exercise price of such options; 

(x)    cash payments may be made by OH Holdings in lieu of the issuance of fractional shares upon
exercise or conversion of Equity Equivalents; and 
 (xi)    payments in respect of
Subordinated Debt may be made in accordance with Section 7.08. 
  

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 Section 7.08    Prepayments of Debt, etc. 

(a)    Amendments of Agreements.    None of the Group Companies will, or will permit
any of their respective Subsidiaries to, after the issuance thereof, amend, waive or modify (or permit the amendment, waiver or modification of) any of the terms, agreements, covenants or conditions of or applicable to (i) the Senior Notes or
(ii) the Junior Debentures or any other Subordinated Debt issued by such Group Company if such amendment, waiver or modification would add or change any terms, agreements, covenants or conditions in any manner materially adverse to any Group
Company, or shorten the final maturity or average life to maturity or require any payment to be made sooner than originally scheduled or increase the interest rate applicable thereto or change any subordination provision thereof. 

(b)    Prohibition Against Certain Payments of Principal and Interest of Other
Debt.    Except as provided in subsection (c) or (d) below, none of the Group Companies will (i) directly or indirectly, redeem, purchase, prepay, retire, defease or otherwise acquire for value,
prior to scheduled maturity, scheduled repayment or scheduled sinking fund payment, the Senior Notes, any Debt incurred pursuant to Section 7.01(v) or any Subordinated Debt, or set aside any funds for such purpose, whether such
redemption, purchase, prepayment, retirement or acquisition is made at the option of the maker or at the option of the holder thereof, and whether or not any such redemption, purchase, prepayment, retirement or acquisition is required under the
terms and conditions applicable to such Debt or (ii) make any interest or other payment in respect of the Senior Notes, any Debt incurred pursuant to Section 7.01(v) or any Subordinated Debt. 

(c)    Certain Allowed Payments in Respect of Debt.    Holdings, HGI and any of its
Subsidiaries may (i) make interest payments as and when due in respect of the Senior Notes, Debt incurred pursuant to Section 7.01(v) and any Subordinated Debt (other than the Junior Debentures, as to which clause (d) below applies)
of HGI entered into in compliance with Section 7.01; (ii) refinance the Senior Notes and Subordinated Debt to the extent expressly permitted under Section 7.01, in each case other than any such payments prohibited by the
subordination provisions of any Subordinated Debt; (iii) exchange Senior Notes, Debt incurred pursuant to Section 7.01(v) and Subordinated Debt of OH Holdings or any of its Subsidiaries for Equity Interests issued by OH Holdings or
redeem or repay with the proceeds of Qualified Equity Issuances; (iv) permit the cancellation or forgiveness of Subordinated Debt of OH Holdings or any of its Subsidiaries; and (v) make optional redemptions or prepayments of principal of
the Senior Notes or Debt incurred pursuant to Section 7.01(v)(A) if (x) no Default or Event of Default shall have occurred and be continuing at the time of such redemption or prepayment, (y) Holdings shall have delivered to the
Administrative Agent a Pro-Forma Compliance Certificate demonstrating that upon giving effect to such payments on a Pro-Forma Basis, including as if such payments were made in the prior period of calculation (with pro-forma adjustments satisfactory
to the Administrative Agent), the Secured Leverage Ratio as of the last day of the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries for the period of four consecutive fiscal quarters of Holdings and its Consolidated
Subsidiaries then ended, taken as a single accounting period, will not exceed 2.25:1.00 and (z) the aggregate amount expended in respect of all such redemptions and prepayments shall not exceed $20,000,000 plus, during any fiscal year of
Holdings after December 31, 2011, that portion of Excess Cash Flow for the prior fiscal year that is not required to prepay the Term Loans in accordance with Section 2.09(b)(iii). 

(d)    Allowed Payments in Respect of the Junior Debentures. 

(i)    Holdings may make (A) interest payments as and when due and (B) payments of deferred
interest (or a portion thereof) in respect of the Junior Debentures in each case if (x) such payments are used solely to make dividend payments under the Trust Preferred Securities, (y) Holdings shall have delivered to the Administrative
Agent a Pro-Forma 
  

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Compliance Certificate demonstrating that upon giving effect to such payments on a Pro-Forma Basis, including as if such payments under clause (A) and (B) were made in the prior period
of calculation (with pro-forma adjustments satisfactory to the Administrative Agent), the Interest Coverage Ratio as of the last day of the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries ending during any period
described below, in each case for the period of four consecutive fiscal quarters of Holdings and its Consolidated Subsidiaries then ended, taken as a single accounting period, will not be less than the ratio set forth below opposite the period
during which such fiscal quarter ends: 
  

			
	Fiscal Quarters Ended During	 	Ratio
	 7/1/10
through 12/31/12
	 	2.25:1.00
	 1/1/13
through 3/31/14
	 	2.50:1.00
	
Thereafter
	 	2.75:1.00

(ii)    In the event that Holdings cannot make a payment pursuant to the terms of paragraph
(i) above, Holdings will within 5 Business Days after the calculation under clause (i) above prior to the relevant scheduled interest payment date under the Junior Debentures serve a notice on the Junior Debenture Holders of an Extension
Period for a period of not less than six months (as such term is defined in the Junior Debentures Indenture) (an “Extension Notice”), with a copy of such notice, certified as true and correct, to be simultaneously delivered to the
Administrative Agent; and 
 (iii)    Holdings hereby irrevocably appoints the Administrative
Agent as its attorney-in-fact (with full power of substitution and delegation) in its name and on its behalf to serve an Extension Notice on the Junior Debentures Holders, in the event that Holdings does not deliver an Extension Notice to the Junior
Debentures Holders and the Administrative Agent within the applicable period as prescribed in paragraph (ii) above. 

Section 7.09    Transactions with Affiliates.    None of the Group Companies will
engage in any transaction or series of transactions with any Affiliate or Subsidiary of OH Holdings other than: 

(i)    [reserved]; 

(ii)    reimbursement of reasonable out-of-pocket expenses not to exceed $1,000,000 in any year plus
indemnities pursuant to the Expense Reimbursement Agreement, dated as of May 28, 2010, by and between HGI and the Sponsor; 

(iii)    transfers of assets to any Credit Party other than OH Holdings permitted by
Section 7.05; 
 (iv)    transactions expressly permitted by
Section 7.01, Section 7.04, Section 7.05, Section 7.06 or Section 7.07; 

(v)    normal compensation, indemnities and reimbursement of reasonable expenses of officers,
directors and board observers; 
 (vi)    other transactions in existence on the Closing Date
to the extent disclosed in Schedule 7.09; 
  

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 (vii)    any transaction entered into among the Borrower
and its Wholly-Owned Subsidiaries or among such Wholly-Owned Subsidiaries; 

(viii)    preemptive rights held by Permitted Investors in respect of the Equity Interests of OH
Holdings, Holdings or Intermediate Holdings; and 
 (ix)    so long as no Default or Event of
Default has occurred and is continuing, other transactions which are engaged in by the Borrower or any of its Subsidiaries in the ordinary course of its business on terms and conditions substantially as favorable to such Person as would be
obtainable by it in a comparable arms’-length transaction with an independent, unrelated third party. 
 Notwithstanding the foregoing,
none of OH Holdings or any of its Subsidiaries will enter into any management, consulting or similar agreement or arrangement with, or otherwise pay any professional, consulting, management or similar fees to or for the benefit of, the Sponsor or
its successors or transferees, except for payments permitted under clause (ii), (vi) or (viii) above. 

Section 7.10    Fiscal Year; Organizational and Other Documents.    None of the
Group Companies will (i) change its fiscal year or (ii) consent to any amendment, modification or supplement that is adverse in any material respect to the Lenders to its articles or certificate of incorporation, bylaws (or analogous
organizational documents), the Acquisition Documents, or any agreement entered into by it with respect to its Equity Interests (including the Capitalization Documents), in each case as in effect on the Closing Date. The Borrower will cause the Group
Companies to promptly provide the Lenders with copies of all amendments to the foregoing documents and instruments as in effect as of the Closing Date. 

Section 7.11    Restrictions with Respect to Intercorporate Transfers.    None of
the Group Companies will create or otherwise cause or permit to exist any consensual encumbrance or restriction which prohibits or otherwise restricts (i) the ability of any such Subsidiary to (A) make Restricted Payments or pay any Debt
owed to the Borrower or any Subsidiary of the Borrower, (B) pay Debt or other obligations owed to any Credit Party, (C) make loans or advances to the Borrower or any Subsidiary of the Borrower, (D) transfer any of its properties or
assets to the Borrower or any Subsidiary of the Borrower or (E) act as a Subsidiary Guarantor and pledge its assets pursuant to the Finance Documents or any renewals, refinancings, exchanges, refundings or extensions thereof or (ii) the
ability of OH Holdings or any Subsidiary of OH Holdings to create, incur, assume or permit to exist any Lien upon its property or assets whether now owned or hereafter acquired to secure the Senior Obligations, except in each case for prohibitions
or restrictions existing under or by reason of: 
 (i)    this Agreement and the other
Finance Documents; 
 (ii)    restrictions in effect on the date of this Agreement contained
in the Senior Notes Documents, the Junior Debentures Documents, all as in effect on the date of this Agreement, and, if such Debt is renewed, extended or refinanced In accordance with this Agreement, restrictions in the agreements governing the
renewed, extended or refinancing Debt (and successive renewals, extensions and refinancings thereof) if such restrictions are no more restrictive than those contained in the agreements governing the Debt being renewed, extended or refinanced;

 (iii)    customary non-assignment provisions with respect to contracts, leases or
licensing agreements entered into by the Borrower or any of its Subsidiaries, in each case entered into in the ordinary course of business and consistent with past practices; 

 

 - 119 - 

 (iv)    any restriction or encumbrance with respect to
any asset of the Borrower or any of its Subsidiaries or a Subsidiary of the Borrower imposed pursuant to an agreement which has been entered into for the sale or disposition of such assets or all or substantially all of the capital stock or assets
of such Subsidiary, so long as such sale or disposition is permitted under this Agreement; 

(v)    customary provisions in joint venture agreements and other similar agreements entered into in
the ordinary course of business in connection with Permitted Joint Ventures; 

(vi)    restrictions on cash and other deposits or net worth imposed by customers or suppliers in the
ordinary course of business and consistent with past practice; 
 (vii)    any restriction
applicable to an acquired Subsidiary of the Borrower pursuant to agreements in effect on the date such Subsidiary became a Subsidiary of the Borrower and otherwise permitted to remain in effect hereunder; provided that such restrictions apply
only to such Subsidiary; 
 (viii)    Liens permitted under Section 7.02 and any
documents or instruments governing the terms of any Debt or other obligations secured by any such Liens; provided that such prohibitions or restrictions apply only to the assets subject to such Liens; and 

(ix)    documents evidencing indebtedness incurred by Foreign Subsidiaries to the extent permitted
under Section 7.01. 
 Section 7.12    Ownership of Subsidiaries; Limitations on OH
Holdings and the Borrower. 
 (a)    OH Holdings and the Borrower will not (i) permit any
Subsidiary of the Borrower to issue Equity Interests to any Person, except (A) the Borrower or any Wholly-Owned Subsidiary of the Borrower, (B) to qualify directors where required by applicable Law or to satisfy other requirements of
applicable Law with respect to the ownership of Equity Interests of Foreign Subsidiaries or (C) in the case of non-Wholly-Owned Subsidiaries of the Borrower, ratably to all holders of its outstanding Equity Interests or (ii) permit any non
Wholly Owned Subsidiary of the Borrower to issue any shares of Preferred Stock. 
 (b)    Each of OH
Holdings, Holdings and Intermediate Holdings will not (i) hold any material assets other than the Trust Common Securities, the Equity Interests of Holdings, Intermediate Holdings and HGI respectively and cash or Cash Equivalents expressly
permitted to be received and held by it from time to time in accordance with this Agreement, (ii) have any material liabilities other than (A) liabilities under the Finance Documents, the Senior Notes and the Junior Debentures and other
obligations or liabilities expressly permitted to be incurred by it pursuant to Section 7.01 and (B) tax and accrued liabilities and expenses in the ordinary course of business or (iii) engage in any business activity other
than (A) owning the Trust Common Securities, the common stock of Holdings, Intermediate Holdings and HGI respectively (including purchasing additional shares of common stock after the Closing Date), and activities incidental or related thereto
or to the maintenance of the corporate existence of OH Holdings, Holdings and Intermediate Holdings, respectively, or compliance with applicable law, (B) acting as a Guarantor under the Guaranty and as a Grantor under the Security Agreement and
pledging its assets to the Collateral Agent pursuant to the Collateral Documents to which it is a party, (C) acting as a guarantor in respect of the Debt arising under (x) the Senior Notes, and (y) the Trust Preferred Securities, and
other Guaranty Obligations expressly permitted to be incurred by it pursuant to Section 7.01 and (D) issuing its own Capital Stock (other than Debt Equivalents). 

 

 - 120 - 

 (c)    OH Holdings, Holdings and Intermediate Holdings will not permit
any Person other than (i) OH Holdings to hold any Equity Interests comprising of common stock of Holdings, (ii) Holdings to hold any Equity Interests comprising of common stock of Intermediate Holdings and (iii) Intermediate Holdings
to hold Equity Interests or Equity Equivalents of the Borrower. 
 (d)    Except as provided herein, OH
Holdings, Holdings and Intermediate Holdings will not create or otherwise cause or suffer to exist or become effective any consensual encumbrance or restriction of any kind on the ability of any Subsidiary of the Borrower to (a) pay dividends
or make any other distributions on any of such Subsidiary’s Equity Interests owned by the Borrower or any other Subsidiary of the Borrower, (b) repay or prepay any Debt owed by such Subsidiary to the Borrower or any other Subsidiary of the
Borrower, (c) make loans or advances to the Borrower or any other Subsidiary of the Borrower, or (d) transfer, lease or license any of its property or assets to the Borrower or any other Subsidiary of the Borrower other than restrictions
(i) in agreements evidencing Debt permitted by Section 7.01 that impose restrictions on the property so acquired, (ii) by reason of customary provisions restricting assignments, subletting or other transfers contained in leases,
licenses, joint venture agreements and similar agreements entered into in the ordinary course of business or (iii) that are or were created by virtue of any transfer of, agreement to transfer or option or right with respect to any property,
assets or Equity Interests not otherwise prohibited under this Agreement. 
 Section 7.13    Sale and
Leaseback Transactions.    None of the Group Companies will directly or indirectly become or remain liable as lessee or as guarantor or other surety with respect to any lease (whether an Operating Lease or a Capital
Lease) of any property (whether real, personal or mixed), whether now owned or hereafter acquired, (i) which such Group Company has sold or transferred or is to sell or transfer to any other Person which is not a Group Company or
(ii) which such Group Company intends to use for substantially the same purpose as any other property which has been sold or is to be sold or transferred by such Group Company to another Person which is not a Group Company in connection with
such lease; provided, however, that the Group Companies may enter into any Sale/Leaseback Transaction if (i) after giving effect on a Pro-Forma Basis to such Sale/Leaseback Transaction, the aggregate outstanding Attributable Debt
in respect of all Sale/Leaseback Transactions does not exceed $5,000,000 and the Borrower shall be in compliance with all other provisions of this Agreement, including Section 7.01 and Section 7.02, (B) the gross cash
proceeds of any such Sale/Leaseback Transaction are at least equal to the fair market value of such property (as determined by the Board of Directors, whose determination shall be conclusive if made in good faith) and (C) the Net Cash Proceeds
are applied as set forth in Section 2.09(b)(iv) to the extent required therein. 
 Section
7.14    Additional Negative Pledges.    None of the Group Companies will enter into, assume or become subject to any agreement prohibiting or otherwise restricting the creation or assumption of any
Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for an obligation if security is given for some other obligation, except (i) pursuant to this Agreement and the other Finance
Documents, the Senior Notes Indenture and any Debt consisting of Refinancing Debt issued to refinance all or any portion of the foregoing, (ii) pursuant to any document or instrument governing Capital Lease Obligations or Purchase Money Debt
incurred pursuant to Section 7.01 if any such restriction contained therein relates only to the assets or assets acquired in connection therewith, (iii) pursuant to any Derivatives Agreement entered into pursuant to
Section 7.01(vi), (iv) pursuant to any document or instrument governing Debt incurred by Foreign Subsidiaries and permitted by Section 7.01, (v) pursuant to any documents or agreements creating any Lien referred to
in Section 7.02(xvii) if such restriction contained therein relates only to the incurred premiums, dividends, rebates and other rights permitted to be subject to such Lien in accordance with 

 

 - 121 - 

 
Section 7.02(xvii), (vi) any documents or agreements creating any Lien referred to in Section 7.02(vi) if such restriction contained therein relates only to the
property of assets subject to the surety bond or similar obligation permitted to be secured thereby pursuant to Section 7.02(vi), (vii) pursuant to an agreement which has been entered into by the Borrower or any of its Subsidiaries
for the sale or disposition of any assets of the Borrower or such Subsidiary or of any Subsidiary of the Borrower if such restriction contained therein relates only to the Subsidiary or its assets which is the subject of the sale provided for
therein, and (viii) pursuant to a joint venture or other similar agreement entered into in the ordinary course of business in connection with Permitted Joint Ventures so long as any such restriction contained therein relates only to the assets
of, or the interest of the Borrower and its Subsidiaries in, such Permitted Joint Venture. 
 Section
7.15    Impairment of Security Interests.    None of the Group Companies will (i) take or omit to take any action which action or omission could reasonably be expected to materially impair the
security interests in favor of the Collateral Agent with respect to the Collateral or (ii) grant to any Person (other than the Collateral Agent pursuant to the Collateral Documents) any interest whatsoever in the Collateral, except for
Permitted Liens and disposition of Collateral permitted under the Finance Documents. 
 Section
7.16    Financial Covenants. 
 (a)    Total Leverage
Ratio.    The Total Leverage Ratio as of the last day of the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries ending on the last day of any calendar quarter ending during any period
described below, in each case for the period of four consecutive fiscal quarters of Holdings and its Consolidated Subsidiaries then ended, taken as a single accounting period, will not be greater than the ratio set forth below opposite the period
during which such fiscal quarter ends: 
  

			
	Fiscal Quarters Ended During	 	Ratio
	
7/1/10 through 12/31/10
	 	6.75:1.00
	
1/1/11 through 3/31/11
	 	6.50:1.00
	
4/1/11 through 12/31/11
	 	6.25:1.00
	
1/1/12 through 3/31/12
	 	6.00:1.00
	
4/1/12 through 12/31/12
	 	5.75:1.00
	
1/1/13 through 3/31/13
	 	5.50:1.00
	
4/1/13 through 6/30/13
	 	5.25:1.00
	
7/1/13 through 12/31/13
	 	5.00:1.00
	
Thereafter
	 	4.50:1.00

(b)    Interest Coverage Ratio.    The Interest Coverage Ratio as of the last day
of the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries ending on the last day of any calendar quarter ending during any period described below, in each case for the period of four consecutive fiscal quarters of
Holdings and its Consolidated Subsidiaries then ended, taken as a single accounting period, will not be less than the ratio set forth below opposite the period during which such fiscal quarter ends: 

 

			
	Fiscal Quarters Ended During	 	Ratio
	
7/1/10 through 12/31/12
	 	2.00:1.00
	
1/1/13 through 3/31/14
	 	2.25:1.00
	
Thereafter
	 	2.50:1.00

 

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 (c)    Secured Leverage Ratio.    The
Secured Leverage Ratio as of the last day of the most recently ended fiscal quarter of Holdings and its Consolidated Subsidiaries ending on the last day of any calendar quarter ending during any period described below, in each case for the period of
four consecutive fiscal quarters of Holdings and its Consolidated Subsidiaries then ended, taken as a single accounting period, will not be greater than the ratio set forth below opposite the period during which such fiscal quarter ends: 

 

			
	Fiscal Quarters Ended During	 	Ratio
	
7/1/10 through 9/30/10
	 	4.50:1.00
	
10/1/10 through 3/31/11
	 	4.25:1.00
	
4/1/11 through 9/30/11
	 	4.00:1.00
	
10/1/11 through 6/30/12
	 	3.75:1.00
	
7/1/12 through 12/31/12
	 	3.50:1.00
	
1/1/13 through 3/31/13
	 	3.25:1.00
	
Thereafter
	 	3.00:1.00

Section 7.17    No Other “Designated Senior Debt”.    None of the Credit
Parties shall designate, or permit the designation of, any Debt (other than under this Agreement and the other Finance Documents) as “Designated Senior Debt” (other than the Senior Notes) or any other similar term as such term is commonly
used for the purpose of the definition of the same or the subordination provisions contained in the Junior Debentures Indenture or any indenture governing any Subordinated Debt permitted under Section 7.01. 

Section 7.18    Independence of Covenants.    All covenants contained herein shall
be given independent effect so that if a particular action or condition is not permitted by any of such covenants, the fact that such action or condition would be permitted by an exception to, or otherwise be within the limitations of, another
covenant shall not avoid the occurrence of a Default if such action is taken or condition exists. 
 ARTICLE VIII

 DEFAULTS 

Section 8.01    Events of Default.    An Event of Default shall exist upon the
occurrence of any of the following specified events or conditions (each an “Event of Default”): 

(a)    Payment.    Any Credit Party shall: 

(i)    default in the payment when due (whether by scheduled maturity, acceleration or otherwise) of
any principal of any of the Loans or any LC Disbursements; or 
 (ii)    default, and such
default shall continue for five or more Business Days, (A) in the payment when due of any interest on the Loans, or (B) after receipt of a notice of a default with respect thereto, in the payment of any fees or other amounts owing
hereunder, under any of the other Finance Documents or in connection herewith. 

(b)    Representations.    Any representation, warranty or statement made or deemed
to be made by any Credit Party herein, in any of the other Finance Documents, or in any statement or certificate delivered or required to be delivered pursuant hereto or thereto shall prove untrue in any material respect (except that such
materiality qualifier shall not be applicable to any representation, warranty or statement that is already qualified by materiality) on the date as of which it was made or deemed to have been made, if, solely with respect to any representation or
warranty (other than any 
  

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Borrower Representation or any specified Representation) made on the Closing Date, such default shall not have been remedied within 30 days after the Closing Date (it being acknowledged and
agreed that at any time during the continuance of such default, no Revolving Lender shall be under any obligation to make any Revolving Loan (other than any Revolving Loans made on the Closing Date), the Swingline Lender shall be under no obligation
to make any Swingline Loan and the Issuing Lender shall be under no obligation to issue any Letter of Credit (other than the Existing Letters of Credit deemed to be issued on the Closing Date). 

(c)    Covenants.    Any Credit Party shall: 

(i)    default in the due performance or observance of any term, covenant or agreement contained in
Sections 6.01(a), (e) or (j), 6.08, 6.11, 6.15, 6.17 or Article VII; 

(ii)    default in the due performance or observance of any term, covenant or agreement contained in
Sections 6.01(b) or (c) and such default shall continue unremedied for a period of five Business Days after the earlier of an executive officer of a Credit Party becoming aware of such default or notice thereof given by the
Administrative Agent; or 
 (iii)    default in the due performance or observance by it of
any term, covenant or agreement contained in Section 6.01(d), (f), (g) or (h) and such default shall continue unremedied for a period of ten Business Days after the earlier of an executive officer of a
Credit Party becoming aware of such default or notice thereof given by the Administrative Agent; or 

(iv)    default in the due performance or observance by it of any term, covenant or agreement (other
than those referred to in subsections (a), (b), (c)(i), (c)(ii) or (c)(iii) of this Section 8.01) contained in this Agreement and such default shall continue unremedied for a period of 30 days after the
earlier of an executive officer of a Credit Party becoming aware of such default or notice thereof given by the Administrative Agent. 

(d)    Other Finance Documents.    Any Credit Party shall default in the due
performance or observance of any term, covenant or agreement in any of the other Finance Documents and such default shall continue unremedied for a period of 30 days after the earlier of an executive officer of a Credit Party becoming aware of such
default or notice thereof given by the Administrative Agent. 
 (e)    Cross-Default.

 (i)    any Group Company (A) fails to make payment when due (whether by scheduled
maturity, required prepayment, acceleration, demand or otherwise but after giving effect to all applicable grace periods), regardless of amount, in respect of any Debt, Guaranty Obligation or Synthetic Lease Obligations (other than in respect of
(x) Debt outstanding under the Finance Documents and (y) Derivatives Agreements) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or
syndicated credit arrangement) of more than $10,000,000, (B) fails to perform or observe any other condition or covenant, or any other event shall occur or condition shall exist, under any agreement or instrument relating to any such Debt,
Guaranty Obligation or Synthetic Lease Obligations, if the effect of such failure, event or condition is to cause, or to permit the holder or holders or beneficiary or beneficiaries of such Debt, Guaranty Obligation or Synthetic Lease Obligations
(or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, such Debt or Synthetic Lease Obligations to be declared to be due and payable prior to its stated maturity or such Guaranty Obligation to become
payable or (C) shall be required by the terms of such Debt, Guaranty Obligation or Synthetic Lease 
  

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Obligation to offer to prepay or repurchase such Debt or Synthetic Lease Obligation or the primary Debt underlying such Guaranty Obligation (or any portion thereof) prior to the stated maturity
thereof; or 
 (ii)    there occurs under any Derivatives Agreement or Derivatives Obligation
an Early Termination Date (as defined in such Derivatives Agreement) resulting from (A) any event of default under such Derivatives Agreement as to which any Group Company is the Defaulting Party (as defined in such Derivatives Agreement) or
(B) any Termination Event (as so defined) as to which any Group Company is an Affected Party (as so defined), and, in either event, the Derivatives Termination Value owed and not paid within 10 Business Days of when due by a Group Company as a
result thereof is greater than $10,000,000. 
 (f)    Insolvency
Events.    (i) Any Group Company (other than an Insignificant Subsidiary) shall commence a voluntary case or other proceeding seeking liquidation, reorganization or other relief with respect to itself or its debts
under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any substantial part of its property, or shall consent to
any such relief or to the appointment of or taking possession by any such official in an involuntary case or other proceeding commenced against it, or shall make a general assignment for the benefit of creditors, or shall fail generally to pay its
debts as they become due, or shall take any corporate action to authorize any of the foregoing or (ii) an involuntary case or other proceeding shall be commenced against any Group Company (other than an Insignificant Subsidiary) seeking
liquidation, reorganization or other relief with respect to it or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar
official of it or any substantial part of its property, and such involuntary case or other proceeding shall remain undismissed and unstayed for a period of 60 days, or any order for relief shall be entered against any Group Company (other than an
Insignificant Subsidiary) under the federal bankruptcy laws as now or hereafter in effect. 

(g)    Judgments.    One or more judgments, orders, decrees or arbitration awards
is entered against any Group Company involving in the aggregate a liability (to the extent not covered by independent third-party insurance or an indemnity from a creditworthy third party as to which the insurer or indemnitor, as applicable, does
not dispute coverage), as to any single or related series of transactions, incidents or conditions, of $10,000,000 or more, and the same shall not have been discharged, vacated or stayed pending appeal within 45 days after the entry thereof.

 (h)    Employee Benefit Plans.    (i) An ERISA Event occurs which
has resulted or could reasonably be expected to result in liability of any Group Company in an amount that could reasonably be expected to result in a Material Adverse Effect or (ii) there occurs the ERISA Event described in (iii) of the
definition thereof. 
 (i)    Guaranties, Collateral Documents and other Finance Documents. At any time
after the execution and delivery thereof, (i) this Agreement or any Collateral Document ceases to be in full force and effect (other than by reason of a release of Collateral in accordance with the terms hereof or thereof or the satisfaction in
full of the Finance Obligations in accordance with the terms hereof) or shall be declared null and void or any Credit Party shall repudiate its obligations thereunder, or the Collateral Agent shall not have or shall cease to have a valid and
perfected Lien in any Collateral purported to be covered by the Collateral Documents with the priority required by the relevant Collateral Document, in each case for any reason other than the failure of the Collateral Agent to take any action within
its control or (iii) any Credit Party shall contest the validity or enforceability of any Finance Document in writing or deny in writing that it has any further liability, including with respect to future advances by Lenders, under any Finance
Document to which it is a party or shall contest the validity or perfection of any Lien on any Collateral purported to be covered by the Collateral Documents; 
  

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 (j)    Ownership.    A Change of
Control shall occur. 
 (k)    Senior Debt.    (i) Any Governmental
Authority with applicable jurisdiction determines that the Lenders are not holders of Senior Indebtedness (as defined in the Junior Debentures Indenture and any other Subordinated Debt) or (ii) the subordination provisions creating the
Subordinated Debt shall, in whole or in part terminate, cease to be effective or cease to be legally valid, binding and enforceable as to any holder of the Subordinated Debt or any Credit Party, any Affiliate of any Credit Party or the trustee for
the holders of such Subordinated Debt. 
 (l)    Dissolution.    Any
order, judgment or decree shall be entered against any Group Company (other than an Insignificant Subsidiary) decreeing the dissolution or split up of such Group Company (other than a dissolution or split up not prohibited by this Agreement) and
such order shall remain undischarged or unstayed for a period in excess of thirty (30) days. 
 Section
8.02    Acceleration; Remedies.    Upon the occurrence of an Event of Default, and at any time thereafter unless and until such Event of Default has been waived in writing by the Required Lenders
(or the Lenders as may be required pursuant to Section 10.03), the Administrative Agent (or the Collateral Agent, as applicable) shall, upon the request and direction of the Required Lenders, by written notice to the Borrower, take any
of the following actions without prejudice to the rights of the Agents or any Lender to enforce its claims against the Credit Parties except as otherwise specifically provided for herein: 

(a)    Termination of Commitments.    Declare the Commitments terminated whereupon
the Commitments shall be immediately terminated. 
 (b)    Acceleration of
Loans.    Declare the unpaid principal of and any accrued interest in respect of all Loans, any reimbursement obligations arising from drawings under Letters of Credit and any and all other indebtedness or obligations of
any and every kind owing by a Credit Party to any of the Lenders hereunder to be due whereupon the same shall be immediately due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the
Credit Parties. 
 (c)    Cash Collateral.    Direct the Borrower to pay
(and the Borrower agrees that upon receipt of such notice, or upon the occurrence of an Event of Default under Section 8.01(f), it will immediately pay) to the Collateral Agent additional cash, to be held by the Collateral Agent, for the
benefit of the Lenders, in a cash collateral account as additional security for the LC Obligations in respect of subsequent drawings under all then outstanding Letters of Credit in an amount equal to 102% of the maximum aggregate amount which may be
drawn under all Letters of Credits then outstanding. 
 (d)    Enforcement of
Rights.    Enforce any and all rights and interests created and existing under the Finance Documents, including all rights and remedies existing under the Collateral Documents, all rights and remedies against a Guarantor
and all rights of set-off. 
 Notwithstanding the foregoing, if an Event of Default specified in Section 8.01(f)
shall occur, then the Commitments shall automatically terminate and all Loans, all reimbursement obligations under Letters of Credit, all accrued interest in respect thereof and all accrued and unpaid fees and other indebtedness or obligations owing
to the Lenders hereunder and under the other Finance Documents shall immediately become due and payable without the giving of any notice or other action by the Administrative Agent or the Lenders, which notice or other action is expressly waived by
the Credit Parties. 
  

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 Notwithstanding the fact that enforcement powers reside primarily with the Administrative
Agent, each Lender has, to the extent permitted by law, a separate right of payment and shall be considered a separate “creditor” holding a separate “claim” within the meaning of Section 101(5) of the Bankruptcy Code or any
other insolvency statute. 
 In case any one or more of the covenants and/or agreements set forth in this Agreement or any other
Finance Document shall have been breached by any Credit Party, then the Administrative Agent may proceed to protect and enforce the Lenders’ rights either by suit in equity and/or by action at law, including an action for damages as a result of
any such breach and/or an action for specific performance of any such covenant or agreement contained in this Agreement or such other Finance Document. Without limitation of the foregoing, the Borrower agrees that failure to comply with any of the
covenants contained herein will cause irreparable harm and that specific performance shall be available in the event of any breach thereof. The Administrative Agent acting pursuant to this paragraph shall be indemnified by the Borrower against all
liability, loss or damage, together with all reasonable costs and expenses related thereto (including reasonable legal and accounting fees and expenses) in accordance with Section 10.05. 

Section 8.03    Specified Equity Contributions.    For purposes of determining
compliance with Section 7.16 only (and not any other provision of this Agreement, including any such other provision that utilizes a calculation of Consolidated EBITDA) any cash common equity or other equity contribution on terms and
conditions reasonably acceptable to the Administrative Agent (other than Debt Equivalents) made by OH Holdings or any of the other direct or indirect equityholders of the Borrower to the Borrower beginning with the first full fiscal quarter after
the Closing Date and on or prior to the day that is 10 Business Days after the day on which financial statements are required to be delivered for such fiscal quarter pursuant to Section 6.01 shall, at the request of the Borrower made at
the time of such contribution, be included in the calculation of Consolidated EBITDA solely for the purposes of determining compliance with such financial covenants at the end of such fiscal quarter and any subsequent period that includes such
fiscal quarter (any such equity contribution so included in the calculation of Consolidated EBITDA, a “Specified Equity Contribution”); provided that, (i) in each four fiscal quarter period, there will be a period of at
least two consecutive fiscal quarters in respect of which no Specified Equity Contribution is made; (ii) no Specified Equity Contribution will be made (1) more than twice during any period of four consecutive fiscal quarters, (2) more
than four times during the term of this Agreement or (3) in consecutive fiscal quarters; (iii) the amount of any Specified Equity Contribution may be no greater than the amount required to cause the Borrower to be in compliance with the
financial covenants for such fiscal quarter (it being understood that OH Holdings and any other direct or indirect equity-holders of the Borrower shall not be prohibited from making direct or indirect equity contributions to the Borrower in excess
of such amount, but such excess amount shall not constitute a Specified Equity Contribution); (iv) all Specified Equity Contributions will be disregarded for purposes of determining any baskets with respect to the covenants contained in this
Agreement, for purposes of determining pricing and for any other purpose, and may not be used to make a restricted payment; and (v) there shall be no pro forma reduction in Debt with the proceeds of any Specified Equity Contribution for
determining compliance with the financial covenants for the relevant fiscal quarter (other than with respect to any portion of such Specified Equity Contribution that is used to prepay Term Loans or to prepay Revolving Loans (but in the case of
prepayments of the Revolving Loans, only to the extent accompanied by permanent reductions in Revolving Commitments)). 
 If,
after the making of the Specified Equity Contribution and the recalculations of Consolidated EBITDA pursuant to the preceding paragraph, the Borrower shall then be in compliance 

 

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with the requirements of Section 7.16, the Borrower shall be deemed to have satisfied the requirements of such covenant as of the relevant date of determination with the same effect
as though there had been no failure to comply therewith at such date, and the applicable Event of Default that had occurred shall be deemed cured for all purposes of each Finance Document. 

Section 8.04    Allocation of Payments After Event of Default. 

(a)    Priority of Distributions.    The Borrower hereby irrevocably waives the
right to direct the application of any and all payments in respect of its Finance Obligations and any proceeds of Collateral after the occurrence and during the continuance of an Event of Default and agrees that, notwithstanding the provisions of
Sections 2.09(b) and 2.14, after the occurrence and during the continuance of an Event of Default, all amounts collected or received by the Administrative Agent, the Collateral Agent, any Lender or any Derivatives Creditors on account
of amounts then due and outstanding under any of the Finance Documents or any Derivative Agreement or in respect of the Collateral shall be paid over or delivered in respect of its Finance Obligations as follows: 

FIRST, to pay interest on and then principal of any portion of the Revolving Loans that the Administrative Agent may have
advanced on behalf of any Lender for which the Administrative Agent has not then been reimbursed by such Lender or the Borrower; 

SECOND, to pay interest on and then principal of any Swingline Loan; 

THIRD, to the payment of all reasonable out-of-pocket costs and expenses (including reasonable attorneys’ fees) of
the Administrative Agent and the Collateral Agent in connection with enforcing the rights of the Lenders and the Derivatives Creditors under the Finance Documents, including all expenses of sale or other realization of or in respect of the
Collateral, including reasonable compensation to the agents and counsel for the Collateral Agent and all expenses, liabilities and advances incurred or made by the Collateral Agent in connection therewith, and any other obligations owing to the
Collateral Agent in respect of sums advanced by the Collateral Agent to preserve the Collateral or to preserve its security interest in the Collateral; 

FOURTH, to the payment of all reasonable out-of-pocket costs and expenses (including reasonable attorneys’ fees) of
(i) each of the Lenders (including the Issuing Lender in its capacity as such) in connection with enforcing its rights under the Finance Documents or otherwise with respect to the Senior Obligations owing to such Lender and (ii) each
Derivatives Creditor in connection with enforcing any of its rights under the Derivatives Agreements or otherwise with respect to the Derivatives Obligations owing to such Derivatives Creditor; 

FIFTH, to the payment of all of the Senior Obligations consisting of accrued fees and interest; 

SIXTH, except as set forth in clauses FIRST through FIFTH above, to the payment of the outstanding Senior
Obligations and Derivatives Obligations owing to the Finance Parties, pro-rata, as set forth below, with (i) an amount equal to the Senior Obligations being paid to the Collateral Agent (in the case of Senior Obligations owing to the Collateral
Agent) or to the Administrative Agent (in the case of all other Senior Obligations) for the account of the Lenders or any Agent, with the Collateral Agent, each Lender and the Agents receiving an amount equal to its outstanding Senior Obligations,
or, if the proceeds are insufficient to pay in full all Senior Obligations, its Pro-Rata Share of the amount remaining to be distributed, and (ii) an amount equal to the Derivatives Obligations being paid to the trustee, paying agent or other
similar 
  

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representative (each a “Representative”) for the Derivatives Creditors, with each Derivatives Creditor receiving an amount equal to the outstanding Derivatives Obligations owed
to it by the Credit Parties or, if the proceeds are insufficient to pay in full all such Derivatives Obligations, its Pro-Rata Share of the amount remaining to be distributed; 

SEVENTH, to the payment of the surplus, if any, to whomever may be lawfully entitled to receive such surplus. 

In carrying out the foregoing, (i) amounts received shall be applied in the numerical order provided until exhausted prior to
application to the next succeeding category; (ii) each of the Finance Parties shall receive an amount equal to its Pro-Rata Share of amounts available to be applied pursuant to clauses “FOURTH”, “FIFTH”, and
“SIXTH” above; and (iii) to the extent that any amounts available for distribution pursuant to clause “SIXTH” above are attributable to the issued but undrawn amount of outstanding Letters of Credit, such
amounts shall be held by the Collateral Agent in a cash collateral account and applied (x) first, to reimburse the Issuing Lender from time to time for any drawings under such Letters of Credit and (y) then, following the expiration of all
Letters of Credit, to all other obligations of the types described in clause “SIXTH” above in the manner provided in this Section 8.04. 

(b)    Pro-Rata Treatment.    For purposes of this Section, “Pro-Rata
Share” means, when calculating a Person’s portion of any distribution or amount, that amount (expressed as a percentage) equal to a fraction the numerator of which is the then unpaid amount of such Person’s Senior Obligations or
Derivatives Obligations, as the case may be, and the denominator of which is the then outstanding amount of all Senior Obligations or Derivatives Obligations, as the case may be. When payments to the Finance Parties are based upon their respective
Pro-Rata Shares, the amounts received by the Finance Parties hereunder shall be applied (for purposes of making determinations under this Section 8.04 only) (i) first, to their Senior Obligations and (ii) second, to their
Derivatives Obligations. If any payment to any Finance Party of its Pro-Rata Share of any distribution would result in overpayment to such Finance Party, such excess amount shall instead be distributed in respect of the unpaid Senior Obligations or
Derivatives Obligations, as the case may be, of the other Finance Parties with each Finance Party whose Senior Obligations or Derivatives Obligations, as the case may be, have not been paid in full to receive an amount equal to such excess amount
multiplied by a fraction the numerator of which is the unpaid Senior Obligations or Derivatives Obligations, as the case may be, of such Finance Party and the denominator of which is the unpaid Senior Obligations or Derivatives Obligations, as the
case may be, of all Finance Parties entitled to such distribution. 
 (c)    Distributions with
Respect to Letters of Credit.    Each of the Finance Parties agrees and acknowledges for itself and all Affiliated Derivatives Creditors that if (after all outstanding Loans and Reimbursement Obligations with respect to
Letters of Credit have been paid in full) the Lenders are to receive a distribution on account of undrawn amounts with respect to Letters of Credit issued (or deemed issued) under the Credit Agreement, such amounts shall be deposited in the LC Cash
Collateral Account as cash security for the repayment of Senior Obligations owing to the Lenders as such. Upon termination of all outstanding Letters of Credit, all of such cash security shall be applied to the remaining Senior Obligations of the
Lenders. If there remains any excess cash security, such excess cash shall be withdrawn by the Collateral Agent from the LC Cash Collateral Account and distributed in accordance with Section 8.04(a) hereof. 

(d)    Distributions of Funds on Deposit in a Prepayment
Account.    Notwithstanding the foregoing provisions of this Section 8.04, amounts on deposit in a Prepayment Account for any Loans shall be applied upon the occurrence of any Event of Default, first, to pay
Loans and, second, after all the Loans have been paid in full, to the other Senior Obligations in the manner provided in this Section 8.04. 
  

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 (e)    Reliance by Collateral
Agent.    For purposes of applying payments received in accordance with this Section 8.04, the Collateral Agent shall be entitled to rely upon (i) the Administrative Agent under the Credit Agreement and
(ii) the Representative, if any, for the Derivatives Creditors for a determination (which the Administrative Agent, each Representative for any Derivatives Creditor and the Finance Parties agree (or shall agree) to provide upon request of the
Collateral Agent) of the outstanding Senior Obligations or Derivatives Obligations owed to the Agents, the Lenders or the Derivatives Creditors, as the case may be. Unless it has actual knowledge (including by way of written notice from a
Derivatives Creditor or any Representatives thereof) to the contrary, the Collateral Agent, in acting hereunder, shall be entitled to assume that no Derivatives Agreements are in existence. 

ARTICLE IX 

AGENCY PROVISIONS 

Section 9.01    Appointment; Authorization. 

(a)    Appointment.    Each Lender hereby designates and appoints (i) Barclays
Bank PLC as Administrative Agent and as Collateral Agent, (ii) Barclays Capital and Morgan Stanley Senior Funding, Inc. as Syndication Agents and (iii) General Electric Capital Corporation. as Documentation Agent for such Lender to act as
specified herein and in the other Finance Documents, and each such Lender hereby authorizes the Agents, as the agents for such Lender, to take such action on its behalf under the provisions of this Agreement and the other Finance Documents and to
exercise such powers and perform such duties as are expressly delegated by the terms hereof and of the other Finance Documents, together with such other powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary
elsewhere herein and in the other Finance Documents, the Agents shall not have any duties or responsibilities, except those expressly set forth herein and therein, 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 of the other Finance Documents, or shall otherwise exist against the Agents. In performing its functions and duties under this Agreement and the other
Finance Documents, each Agent shall act solely as an agent of the Lenders and does not assume and shall not be deemed to have assumed any obligation or relationship of agency or trust with or for any Credit Party. Without limiting the generality of
the foregoing two sentences, the use of the term “agent” herein and in the other Finance Documents with reference to any 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. The provisions of this Article IX (other
than Section 9.10) are solely for the benefit of the Agents and the Lenders, and none of the Credit Parties shall have any rights as a third party beneficiary of the provisions hereof (other than Section 9.10). 

(b)    Release of Collateral.    The Lenders irrevocably authorize the Collateral
Agent, at the Collateral Agent’s option and in its discretion, to release any security interest in or Lien on any Collateral granted to or held by the Collateral Agent (i) upon termination of this Agreement and the other Finance Documents,
termination of the Commitments and all Letters of Credit and payment in full of all Senior Obligations, including all fees and indemnified costs and expenses that are payable pursuant to the terms of the Finance Documents, (ii) if such
Collateral constitutes property sold or to be sold or disposed of as part of or in connection with any disposition permitted pursuant to the terms of this Agreement or (iii) if approved by the Required Lenders or Lenders, as applicable,
pursuant to the terms of Section 10.03. Upon the request of the Collateral Agent, the Lenders will confirm in writing the Collateral Agent’s authority to release particular types or items of Collateral pursuant to this
Section 9.01(b). 
  

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 (c)    Release of Guarantors.    The
Lenders irrevocably authorize the Administrative Agent, at the Administrative Agent’s option and in its discretion, to release any Guarantor from its obligations hereunder if (i) such Guarantor is no longer required to be a Guarantor
pursuant to the terms of this Agreement or (ii) if approved by the Required Lenders or Lenders, as applicable, pursuant to the terms of Section 10.03. Upon the request of the Administrative Agent, the Lenders will confirm in writing
the Administrative Agent’s authority to release a particular Guarantor pursuant to this Section 9.01(c). 

Section 9.02    Delegation of Duties.    An Agent may execute any of its duties
hereunder or under the other Finance Documents by or through agents, employees or attorneys-in-fact and shall be entitled to advice of counsel and other consultants or experts concerning all matters pertaining to such duties. An Agent shall not be
responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it in the absence of bad faith, gross negligence or willful misconduct. 

Section 9.03    Exculpatory Provisions.    No Agent nor any of its or their
directors, officers, employees or agents shall be (i) liable for any action lawfully taken or omitted to be taken by any of them under or in connection herewith or in connection with any of the other Finance Documents or the transactions
contemplated hereby or thereby (except for its own bad faith, gross negligence or willful misconduct in connection with its duties expressly set forth herein) or (ii) responsible in any manner to any of the Lenders or participants for any
recitals, statements, representations or warranties made by any of the Credit Parties contained herein or in any of the other Finance Documents or in any certificate, report, document, financial statement or other written or oral statement referred
to or provided for in, or received by an Agent under or in connection herewith or in connection with the other Finance Documents, or enforceability or sufficiency therefor of any of the other Finance Documents, or for any failure of any Credit Party
to perform its obligations hereunder or thereunder or be required to ascertain or inquire as to the performance or observance of any of the terms, conditions, provisions, covenants or agreements contained herein or therein or as to the use of the
proceeds of the Loans or the use of the Letters of Credit or of the existence or possible existence of any Default or Event of Default or to inspect the properties, books or records of the Credit Parties. 

Section 9.04    Reliance on Communications.    The Agents shall be entitled to
rely, and shall be fully protected in relying, upon any note, writing, resolution, notice, consent, certificate, affidavit, letter, cablegram, telegram, telecopy, telex, teletype or e-mail message, 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 any of the Credit Parties, independent accountants and other experts
selected by the Agents). The Agents may deem and treat each Lender as the owner of its interests hereunder for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been filed with the Administrative Agent in
accordance with Section 10.06(b). The Agents shall be fully justified in failing or refusing to take any action under this Agreement or under any of the other Finance Documents unless it shall first receive such advice or concurrence of
the Required Lenders as it deems appropriate or it shall first be indemnified to its satisfaction by the Lenders 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
Agents shall in all cases be fully protected in acting, or in refraining from acting, hereunder or under any of the other Finance Documents in accordance with a request of the Required Lenders and such request and any action taken or failure to act
pursuant thereto shall be binding upon all the Lenders (including their successors and assigns). Where this Agreement expressly permits or prohibits an action unless the Required Lenders otherwise determine, any Agent shall, and in all other
instances an Agent may, but shall not be required to, initiate any solicitation for the consent or vote of the Lenders. 
  

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 Section 9.05    Notice of
Default.    An Agent shall not be deemed to have knowledge or notice of the occurrence of any Default or Event of Default hereunder, except with respect to defaults in the payment of principal, interest and fees required
to be paid to such Agent for the accounts of the Lenders, unless such Agent has received notice from a Lender or the Borrower referring to the Agreement, describing such Default or Event of Default and stating that such notice is a “notice of
default”. If an Agent receives such a notice, such Agent shall give prompt notice thereof to each other Agent and the Lenders. The Administrative Agent and the Collateral Agent shall take such action with respect to such Default or Event of
Default as shall be reasonably directed by the Required Lenders; provided, however, that unless and until the Administrative Agent has received any such direction, the Administrative 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 or it shall deem advisable or in the best interest of the Lenders. 

Section 9.06    Credit Decision; Disclosure of Information by Administrative
Agent.    Each Lender expressly acknowledges that no Agent has made any representations or warranties to it and that no act by any Agent hereinafter taken, including any consent to and acceptance of any assignment or
review of the affairs of any Credit Party or any Affiliate thereof, shall be deemed to constitute any representation or warranty by any Agent to any Lender as to any matter, including whether any Agent has disclosed material information in its
possession. Each Lender acknowledges to the Agents that it has, independently and without reliance upon any 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, assets, operations, property, financial and other condition, prospects and creditworthiness of the Credit Parties, and all requirements of Law pertaining to the Transaction, and made its own decision to make its
Loans hereunder and enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon any 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 Finance Documents, and to make such investigation as it deems necessary to inform itself as to the business, assets,
operations, property, financial and other conditions, prospects and creditworthiness of the Borrower and the other Credit Parties. Except for notices, reports and other documents expressly required to be furnished to the Lenders by the
Administrative Agent hereunder, the Agents shall not have any duty or responsibility to provide any Lender with any credit or other information concerning the business, operations, assets, property, financial or other conditions, prospects or
creditworthiness of any Credit Party or their respective Affiliates which may come into the possession of any Agent. 

Section 9.07    No Reliance on Arranger’s or Agent’s Customer Identification
Program.    Each Lender acknowledges and agrees that neither such Lender nor any of its Affiliates, participants or assignees may rely on either Lead Arranger or any Agent to carry out such Lender’s,
Affiliate’s, participant’s or assignee’s customer identification program, or other obligations required or imposed under or pursuant to the U.S. Patriot Act or the regulations thereunder, including the regulations contained in 31
C.F.R. 103.121 (as hereafter amended or replaced, the “CIP Regulations”), or any other Anti-Terrorism Law, including any programs involving any of the following items relating to or in connection with any of the Credit Parties,
their Affiliates or agents, the Finance Documents or the transactions hereunder or contemplated hereby: (i) any identification procedures; (ii) and recordkeeping; (iii) comparisons with government lists, (iv) customer notices; or
(v) other procedures required under the CIP Regulations or such other Laws. 
 Section
9.08    Indemnification.    Whether or not the transactions contemplated hereby are consummated, the Lenders agree to indemnify each Agent (to the extent not reimbursed by the Borrower or any
other Credit Party and without limiting the obligation of the Borrower or any other Credit Party to do so), ratably according to their respective Commitments and outstanding principal 

 

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balances of Term Loans (or if the Commitments have expired or been terminated, in accordance with the respective principal amounts of outstanding Loans and Participation Interests of the
Lenders), from and against any and all Indemnified Liabilities which may at any time (including at any time following payment in full of the Senior Obligations) be imposed on, incurred by or asserted against an Agent in its capacity as such in any
way relating to or arising out of this Agreement or the other Finance 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 an Agent under or
in connection with any of the foregoing; provided that no Lender shall be liable for the payment to any Agent of any portion of such Indemnified Liabilities resulting from such Person’s gross negligence or willful misconduct;
provided, however, that no action taken in accordance with the directions of the Required Lenders shall be deemed to constitute gross negligence or willful misconduct for purposes of this Section 9.08. If any indemnity
furnished to an Agent for any purpose shall, in the opinion of such Agent, be insufficient or become impaired, such Agent may call for additional indemnity and cease, or not commence, to do the acts indemnified against until such additional
indemnity is furnished. Without limitation of the foregoing, each Lender shall reimburse the Administrative Agent upon demand for its ratable share of any costs or out-of-pocket expenses (including fees and disbursements of counsel) incurred by the
Administrative Agent in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or
responsibilities under, this Agreement, any other Finance Document, or any document contemplated by or referred to herein, to the extent that the Administrative Agent is not reimbursed for such expenses by or on behalf of the Borrower or any other
Credit Party. The agreements in this Section 9.08 shall survive the payment of the Senior Obligations and all other obligations and amounts payable hereunder and under the other Finance Documents. 

Section 9.09    Agents in Their Individual Capacity.    Each Agent and its
Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, acquire Equity Interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting and other business with the Borrower or
any other Credit Party as though such Agent were not an Agent hereunder or under another Finance Document. The Lenders acknowledge that, pursuant to any such activities, an Agent or its Affiliates may receive information regarding any Credit Party
or its Affiliates (including information that may be subject to confidentiality obligations in favor of such Credit Party or such Affiliate) and acknowledge that no Agent shall be under any obligation to provide such information to them. With
respect to the Loans made by and Letters of Credit issued by and all obligations owing to it, an Agent shall have the same rights and powers under this Agreement as any Lender and may exercise the same as though it was not an Agent, and the terms
“Lender” and “Lenders” shall include each Agent in its individual capacity. 
 Section
9.10    Successor Agents.    Any Agent may, at any time, resign upon 30 days’ written notice to the Lenders and the Borrower. If an Agent resigns under a Finance Document, the Required Lenders
shall appoint from among the Lenders a successor Agent, which successor Agent shall be consented to by the Borrower at all times other than during the existence of an Event of Default (which consent of the Borrower shall not be unreasonably withheld
or delayed). If no successor Agent shall have been so appointed by the Required Lenders, and shall have accepted such appointment prior to the effective date of the resignation of the resigning Agent, then the resigning Agent shall have the right,
after consulting with the Lenders and the Borrower, to appoint a successor Agent; provided such successor is a Lender hereunder or an Eligible Assignee. If no successor Agent is appointed prior to the effective date of the resignation of the
resigning Agent, the Administrative Agent may appoint, after consulting with the Lenders and the Borrower, a successor Agent from among the Lenders. Upon the acceptance of any appointment as an Agent hereunder by a successor, such successor Agent
shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations as an Agent, as appropriate, under this 

 

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Agreement and the other Finance Documents and the provisions of this Section 9.10 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was an Agent
under this Agreement. If no successor Administrative Agent has accepted appointment as Administrative Agent within 60 days after the retiring Administrative Agent’s giving notice of resignation, the retiring Administrative Agent’s
resignation shall nevertheless become effective and the Lenders shall perform all duties of the Administrative Agent hereunder until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Likewise,
if no successor Collateral Agent has accepted appointment as Collateral Agent within 60 days after the retiring Collateral Agent’s giving notice of resignation, the retiring Collateral Agent’s resignation shall nevertheless become
effective and the Lenders shall perform all duties of the Collateral Agent under the Collateral Documents until such time, if any, as the Required Lenders appoint a successor Collateral Agent as provided for above. 

Section 9.11    Certain Other Agents.    None of the Lenders identified on the
facing page or signature pages of this Agreement as a “syndication agents”, “documentation agent”, “co-agent”, “bookrunner”, “lead manager” or “arranger” shall have any right, power,
obligation, liability, responsibility or duty under the Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders or any such Person so identified shall have or be deemed to have any fiduciary
relationship to any Lender or Credit Party. Each Lender acknowledges that it has not relied, and will not rely, on any of the Lenders or other Persons so identified in deciding to enter into this Agreement or in taking or not taking action
hereunder. 
 Section 9.12    Agents’ Fees; Arranger Fee.    The
Borrower shall pay to each Agent or its Affiliates for such Person’s own account and to the Lead Arrangers, in their capacity as Lead Arrangers, for their own account, fees in the amounts and at the times agreed upon from time to time between
the Borrower and the Administrative Agent or its Affiliates, the Collateral Agent and the Lead Arrangers, respectively, in each case with respect to this Agreement, the other Finance Documents and the transactions contemplated hereby and thereby.

 ARTICLE X 

MISCELLANEOUS 

Section 10.01    Notices and Other Communications. 

(a)    General.    Unless otherwise expressly provided herein, all notices and other
communications provided for hereunder shall be in writing (including by facsimile transmission) and mailed, faxed or delivered, to the address, facsimile number or (subject to subsection (c) below) electronic mail address specified for
notices: (i) in the case of OH Holdings, Holdings, Intermediate Holdings, the Borrower, the Administrative Agent, or the Swingline Lender, as set forth on the signature pages hereof (in each case, with a copy to (which shall not constitute
notice): Paul, Weiss, Rifkind, Wharton & Garrison LLP, Attention: Eric Goodison, Esq., 1285 Avenue of the Americas, New York, NY 10019-6064, Fax No. 212-757-3990), (ii) in the case of any Issuing Lender, as set forth on the
signature pages hereto, or in any applicable agreement pursuant to which such Issuing Lender was designated as an Issuing Lender hereunder, (iii) in the case of any Lender, as set forth in Schedule 1.01E hereto or in any applicable
Assignment and Assumption pursuant to which such Lender became a Lender hereunder, and (iv) in the case of any party, at such other address as shall be designated by such party in a notice to the Borrower, the Administrative Agent, any Issuing
Lender and the Swingline Lender. All such notices and other communications shall be deemed to be given or made upon the earlier to occur of (i) actual receipt by the intended recipient and (ii) (A) if delivered by hand or by courier,
when signed for by the intended recipient; (B) if delivered by mail, four Business Days after deposit in the mails, postage prepaid; (C) if delivered by facsimile, when sent and receipt has been confirmed by telephone; and (D) if
delivered by electronic mail (which form of delivery is subject to the provisions of subsection (c) below), when 
  

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delivered; provided, however, that notices and other communications to the Administrative Agent, any Issuing Lender and the Swingline Lender pursuant to Article II shall
not be effective until actually received by such Person. Any notice or other communication permitted to be given, made or confirmed by telephone hereunder shall be given, made or confirmed by means of a telephone call to the intended recipient at
the number specified pursuant to this Section 10.01, it being understood and agreed that a voicemail message shall in no event be effective as a notice, communication or confirmation hereunder. 

(b)    Effectiveness of Facsimile Documents and Signatures.    Finance Documents
may be transmitted and/or signed by facsimile or signed and delivered by electronic mail in an Adobe PDF document. The effectiveness of any such documents and signatures shall, subject to requirements of Law, have the same force and effect as
manually-signed originals and shall be binding on all Credit Parties, the Agents and the Lenders. The Administrative Agent may also require that any such documents and signatures be confirmed by a manually-signed original thereof; provided,
however, that the failure to request or deliver the same shall not limit the effectiveness of any facsimile document, Adobe PDF document or signature. 

(c)    Limited Use of Electronic Mail.    Except as expressly provided herein or as
may be agreed by the Administrative Agent in its sole discretion, electronic mail and internet and intranet websites may be used only to distribute routine communications, such as financial statements and other information, and to distribute Finance
Documents for execution by the parties thereto, to distribute executed Finance Documents in Adobe PDF format and may not be used for any other purpose. 

(d)    Reliance by Agents and Lenders.    The Agents and the Lenders shall be
entitled to rely and act upon any notices purportedly given by or on behalf of the Borrower or any other Credit Party even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any
other form of notice specified herein or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof. The Borrower shall indemnify each Agent and each Lender from all losses, costs, expenses and liabilities
resulting from the reliance by such Person on each notice purportedly given by or on behalf of the Borrower. All telephonic notices to and other communications with the Administrative Agent may be recorded by the Administrative Agent, and each of
the parties hereto hereby consents to such recording. 
 Section 10.02    No Waiver; Cumulative
Remedies.    No failure or delay on the part of an Agent or any Lender in exercising any right, power or privilege hereunder or under any other Finance Document and no course of dealing between the Agents or any Lender
and any of the Credit Parties shall operate as a waiver thereof; nor shall any single or partial exercise of any right, power or privilege hereunder or under any other Finance Document preclude any other or further exercise thereof or the exercise
of any other right, power or privilege hereunder or thereunder. The rights and remedies provided herein are cumulative and not exclusive of any rights or remedies which the Agents or any Lender would otherwise have. No notice to or demand on any
Credit Party in any case shall entitle the Credit Parties to any other or further notice or demand in similar or other circumstances or constitute a waiver of the rights of the Agents or the Lenders to any other or further action in any
circumstances without notice or demand. 
 Section 10.03    Amendments, Waivers and
Consents.    Neither this Agreement nor any other Finance Document nor any of the terms hereof or thereof may be amended, changed, waived, discharged or terminated except, in the case of this Agreement pursuant to an
agreement or agreements in writing entered into by OH Holdings, the Borrower, and the Required Lenders or, in the case of any other Finance Document, pursuant to an agreement or agreements in writing entered into by OH Holdings, the Borrower, any
other Credit Parties party thereto and the Administrative Agent and/or the Collateral Agent, as applicable, party thereto; provided that (i) the foregoing shall not restrict the ability of the

  

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Required Lenders to waive any Event of Default prior to the time the Administrative Agent shall have declared, or the Required Lenders shall have requested the Administrative Agent to declare,
the Loans immediately due and payable pursuant to Article VIII and (ii) the Administrative Agent and the Borrower may, with the consent of the other, amend, modify or supplement this Agreement and any other Finance Document to cure any
ambiguity, typographical error, defect or inconsistency if such amendment, modification or supplement does not adversely affect the rights of any Agent, any Lender or the Issuing Lender; provided, however, that: 

(i)    no such amendment, change, waiver, discharge or termination shall, without the consent of each
Lender directly adversely affected thereby: 
 (A)    extend the final maturity of any Loan
or the time of payment of any reimbursement obligation, or any portion thereof, arising from drawings under Letters of Credit, or extend or waive any Principal Amortization Payment or any portion thereof (it being understood that only Required
Lenders are necessary to consent to the amendment or waiver of any prepayment required under Section 2.09(b)); provided that this clause (A) shall not restrict the ability of the Required Lenders to waive any Event of
Default (other than an Event of Default the waiver of which would effectively result in any such extension or waiver), prior to the time the Administrative Agent shall have declared, or the Required Lenders shall have requested the Administrative
Agent to declare, the Loans immediately due and payable pursuant to Article VIII; 

(B)    reduce the rate, or extend the time of payment, of interest on any Loan (other than as a result
of waiving the applicability of any post-default increase in interest rates) thereon or fees hereunder; 

(C)    reduce or waive the principal amount of any Loan or any LC Disbursement; 

(D)    increase the Commitment of a Lender from the amount thereof in effect (it being understood and
agreed that a waiver of any Default or Event of Default or a mandatory reduction in the Commitments shall not constitute a change in the terms of any Commitment of any Lender); 

(E)    release all or substantially all of the Collateral securing the Senior Obligations hereunder
(provided that the Collateral Agent may, without consent from any other Lender, release any Collateral that is sold or transferred by a Credit Party in compliance with Section 7.05 or released in compliance with
Section 9.01(b)); 
 (F)    release the Borrower or substantially all of the
other Credit Parties from its or their obligations under the Finance Documents (provided that the Administrative Agent may, without the consent of any other Lender, release any Guarantor that is sold or transferred in compliance with
Section 7.05); 
 (G)    amend, modify or waive any provision of
Section 2.12, Section 2.13 or this Section 10.03, or reduce any percentage specified in, or otherwise modify, the definition of Required Lenders; 

(H)    consent to the assignment or transfer by the Borrower or all or substantially all of the other
Credit Parties of any of its or their rights and obligations under (or in respect of) the Finance Documents, except as permitted thereby; or 
  

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 (I)    amend the priority of distributions to be made
pursuant to Section 8.04(a) or amend, modify or waive any provision of Section 8.04(b); 

(ii)    no provision of Article IX may be amended without the consent of the Administrative
Agent and the Collateral Agent, no provision of Section 2.05 may be amended without the consent of each Issuing Lender and no provision of Section 2.01(c) may be amended without the consent of the Swingline Lender;

 (iii)    no provisions of Section 10.06(b)(i) may be amended without the consent of
the Sponsor; and 
 (iv)    no provision affecting the rights or obligations of the
Documentation Agent (solely in its capacity as such) may be amended without the consent of the Documentation Agent. 

Notwithstanding the above, the right to deliver a notice of an Extension Period as defined in the Junior Debentures Indenture and the
equivalent of a payment blockage notice under any other Subordinated Debt) shall reside solely with the Administrative Agent and the Administrative Agent shall deliver such notice only upon the direction of the Required Lenders. 

Notwithstanding the fact that the consent of all the Lenders is required in certain circumstances as set forth above, (i) each
Lender is entitled to vote as such Lender sees fit on any bankruptcy reorganization plan that affects the Loans or the Letters of Credit, and each Lender acknowledges that the provisions of Section 1126(c) of the Bankruptcy Code supersede the
unanimous consent provisions set forth herein and (ii) the Required Lenders may consent to allow a Credit Party to use cash collateral in the context of a bankruptcy or insolvency proceeding. 

The various requirements of this Section 10.03 are cumulative. Each Lender and each holder of a Note shall be bound by any
waiver, amendment or modification authorized by this Section 10.03 regardless of whether its Note shall have been marked to make reference therein, and any consent by any Lender or holder of a Note pursuant to this
Section 10.03 shall bind any Person subsequently acquiring a Note from it, whether or not such Note shall have been so marked. 

Section 10.04    Expenses.    Holdings and the Borrower, jointly and severally,
agree (i) to pay or reimburse the Agents for all reasonable and documented out-of-pocket costs and expenses incurred in connection with the preparation, negotiation and execution of this Agreement and the other Finance Documents and any
amendment, waiver, consent or other modification of the provisions hereof and thereof, and the consummation of the transactions contemplated hereby and thereby, including all reasonable and documented fees, disbursements and other charges of
Latham & Watkins LLP, counsel for the Agents, and (ii) to pay or reimburse (without duplication of any amount paid pursuant to Section 10.05) each Agent and each Lender for all reasonable and documented out-of-pocket costs
and expenses incurred in connection with the enforcement, attempted enforcement or preservation of any rights or remedies under this Agreement or the other Finance Documents (including all such costs and expenses incurred during any
“workout” or restructuring in respect of the Senior Obligations and during any legal proceeding, including any proceeding under any bankruptcy or insolvency proceeding), including all reasonable and documented fees and disbursements of
counsel, provided that the Borrower shall not be required to reimburse the legal fees and expenses of more than one outside counsel (in addition to up to one local counsel in each applicable local jurisdiction) for all Persons
indemnified under this clause (ii) unless, in the written opinion of outside counsel reasonably satisfactory to the Borrower, representation of all such indemnified persons would be inappropriate due to the existence of an actual or
potential conflict of interest. The foregoing costs and expenses shall include all search, filing, recording, title insurance and 

 

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appraisal charges and fees and taxes related thereto, and other reasonable and documented out-of-pocket expenses incurred by any Agent and the cost of independent public accountants and other
outside experts retained by or on behalf of the Agents and the Lender. The agreements in this Section 10.04 shall survive the termination of the Commitments and repayment of all Senior Obligations. 

Section 10.05    Indemnification.    Whether or not the transactions contemplated
hereby are consummated, the Credit Parties jointly and severally agree to indemnify, save and hold harmless each Agent, each other agent or co-agent (if any) designated with respect to the Finance Documents or the transactions contemplated thereby,
each Lender and their respective Affiliates, partners, shareholders, controlling persons, directors, officers, employees, counsel, agents, representatives, trustees, investment advisors and attorneys-in-fact and their respective successors and
assignors (collectively, the “Indemnitees”) from and against: (i) any and all claims, demands, actions, causes of action, suits, proceedings (including any investigations or inquiries), losses, damages, liabilities or expenses
(including legal expenses), joint or several, of any kind or nature whatsoever that are asserted against any Indemnitee by any Credit Party or any other Person or entity; (ii) any and all claims, demands, actions, causes of action suits
proceedings (including any investigations or inquiries), losses, damages, liabilities or expenses (including legal expenses), joint or several, of any kind or nature whatsoever that may at any time (including at any time following repayment of the
Senior Obligations and the resignation or removal of any Agent or the replacement of any Lender), be asserted, threatened or imposed by any Credit Party or any other Person or entity against any Indemnitee, arising out of or in any way relating to
any Finance Document, the Commitments, the use of or contemplated use of the proceeds of any Credit Extension, or the relationship of any Credit Party or any Indemnitee, or from any actual or alleged presence or release of Hazardous Materials on or
from any property owned or operated by any Group Company, or any Environmental Liability related in any way to any Group Company; (iii) any administrative or investigative proceeding by any Governmental Authority arising out of or related to
any matter described in clause (i) or (ii) above; and (iv) any and all liabilities (including liabilities under indemnities), losses, costs or expenses (including fees and disbursements of counsel) that any Indemnitee
suffers or incurs as a result of the assertion of any foregoing claim, demand, action, cause of action or proceeding, or as a result of the preparation of any defense in connection with any foregoing claim, demand, action, cause of action or
proceeding, in all cases, and whether or not an Indemnitee is a party to such claim, demand, action, cause of action, or proceeding (all the foregoing, collectively, the “Indemnified Liabilities”); provided that no Indemnitee
shall be entitled to indemnification for any claim to the extent such claim is determined by a court of competent jurisdiction in a final and nonappealable judgment to have been caused by its own gross negligence, bad faith, willful misconduct or
its material breach in bad faith of a Finance Document and provided further that the Credit Parties shall not be required to reimburse the legal fees and expenses of more than one outside counsel (in addition to up to one local counsel
in each applicable local jurisdiction) for all Indemnities unless, in the written opinion of outside counsel reasonably satisfactory to the Borrower, representation of all such Indemnitees would be inappropriate due to the existence of an actual or
potential conflict of interest. In the case of any matter to which the indemnity in this Section 10.05 applies, such indemnity shall be effective whether or not such matter is brought by any Credit Party, its directors, shareholders or
creditors or an Indemnitee or any other Person or any Indemnitee is otherwise a party thereto and whether or not the transactions contemplated hereby are consummated. Each Credit Party agrees not to assert or permit any of their respective
Subsidiaries to assert any claim against any Indemnitee, and each of the Agents and the Lenders agrees not to assert or permit any of their respective Subsidiaries to assert any claim against any Credit Party or any Subsidiary of a Credit Party or
any of their respective directors, officers, employees, attorneys, agents, trustees or advisors, on any theory of liability, for special, indirect, consequential or punitive damages arising out of or otherwise relating to the Finance Documents, any
of the transactions contemplated herein or therein or the actual or proposed use of the proceeds of the Loans or the Letters of Credit. To the extent required by an applicable law, the Administrative Agent may withhold from any payment to any Lender
an amount equivalent to any applicable withholding Tax. If the Internal Revenue Service or any other Governmental 
  

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Authority asserts a claim that the Administrative Agent did not properly withhold Tax from amounts paid to or for the account of any Lender because the appropriate form was not delivered or was
not properly executed or because such Lender failed to notify the Administrative Agent of a change in circumstances which rendered the exemption from, or reduction of, withholding Tax ineffective or for any other reason, such Lender shall indemnify
the Administrative Agent fully for all amounts paid, directly or indirectly, by the Administrative Agent as Tax or otherwise, including any penalties or interest, and together with all expenses (including legal expenses, allocated internal costs and
out-of-pocket expenses) incurred. Without prejudice to the survival of any other agreement of the Credit Parties hereunder and under the other Finance Documents, the agreements and obligations of the Credit Parties contained in this
Section 10.05 shall survive the repayment of the Loans, LC Obligations and other obligations under the Finance Documents and the termination of the Commitments hereunder. 

Section 10.06    Successors and Assigns. 

(a)    Generally.    This Agreement shall be binding upon and inure to the benefit
of and be enforceable by the respective successors and assigns of the parties hereto; provided that none of the Credit Parties may assign or transfer any of its interests and obligations without the prior written consent of either the
Required Lenders or the Lenders, as the terms set forth in Section 10.03 may require; 

(b)    Assignments.    Any Lender may assign all or a portion of its rights and
obligations under this Agreement (including all or a portion of its Loans, its Notes, its Commitments and any Participation Interest in Letters of Credit and Swingline Loans held by it); provided, however, that 

(i)    each such assignment shall be to an Eligible Assignee and if such Eligible Assignee is a
Sponsor Affiliated Lender, each such assignment shall be subject to the following additional conditions: (1) such assignment shall be only with respect to Term Loans; (2) after giving effect to such assignment and to all other assignments
and participations with all Sponsor Affiliated Lenders, the aggregate principal amount of all Loans acquired by all Sponsor Affiliated Lenders (whether by assignment, participation or other derivative transaction) shall not exceed 15% of the initial
principal amount of the Term Loans; (3) except in the case of the Credit Parties, such Sponsor Affiliated Lender shall complete an Assignment and Assumption acknowledging that it shall have no right whatsoever so long as such Person is a
Sponsor Affiliated Lender (A) to consent to any amendment, modification, waiver, consent or other such action with respect to any of the terms of this Agreement or any other Finance Document (other than any amendment, modification, waiver,
consent or other action that would (x) result in (aa) an extension of the final maturity of any Loan of such Sponsor Affiliated Lender or (bb) an increase in the Commitment of such Sponsor Affiliated Lender from the amount thereof then in
effect (it being understood and agreed that a waiver of any Default or Event of Default shall not constitute an increase in the Commitment of such Sponsor Affiliated Lender) or (y) require the consent of each Lender directly adversely affected
thereby as set forth in Section 10.03(i) (other than with respect to any amendment, modification, waiver, consent or other action covered by clause (x) above) solely to the extent that any such amendment, modification, waiver, consent or
other action would have a disproportionately adverse effect on such Sponsor Affiliated Lender), (B) to require any Agent or other Lender to undertake any action (or refrain from taking any action) with respect to this Agreement or any other
Finance Document (other than matters requiring the vote of all Lenders or all directly adversely affected Lenders), (C) otherwise vote on any matter related to this Agreement or any other Finance Document, (D) to attend (or receive any
notice of) any meeting, conference call or correspondence with any Agent or Lender or receive any information from any Agent or Lender, (E) to have access to the Platform (including that portion of the Platform that has been designated for
“private-side” Lenders) or (F) to make or bring any claim in its capacity as a Lender against the Agent or any Lender with respect to the duties and 

 

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obligations of such Persons under the Finance Documents (provided that no amendment, modification or waiver of this Agreement or any other Finance Document shall deprive any Sponsor Affiliated
Lender of its share of any payments which the Lenders are entitled to share on a pro rata basis hereunder); (4) no portion of the Revolving Loans may be used to fund any such purchase of Term Loans; (5) no Default or Event of Default shall
have occurred and be continuing at the time of such assignment; (6) the purchase price for such purchased Term Loan, when taken together with all fees to the seller thereof and similar consideration, shall be less than the outstanding principal
balance of such purchased Term Loan; (7) such assignment shall be effected through open market purchases and/or Dutch auction or similar procedures (including representations regarding the absence of material non-public information); and
(8) if such Sponsor Affiliated Lender is a Credit Party, such purchased Term Loan shall immediately be cancelled and be deemed to be no longer outstanding for any purposes hereof or any Finance Document. By purchasing or being assigned the
Loans and by its acceptance of the benefits of this Agreement, each Sponsor Affiliated Lender acknowledges and agrees that the Loans owned by it shall be non-voting under sections 1126 and 1129 of the Bankruptcy Code in the event that any proceeding
thereunder shall be instituted by or against Holdings or any other Credit Party; 

(ii)    [reserved.] 

(iii)    [reserved.] 

(iv)    except in the case of an assignment to another Lender, an Affiliate of an existing Lender or
any Approved Fund (A) the aggregate amount of the Revolving Commitment, Term Loan Commitment, New Term Loan Commitment, Term Loans or New Term Loans of an assigning Lender subject to each such assignments (determined as of the date the
Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if a “Trade Date” is specified in the Assignment and Acceptance, as of the Trade Date) shall not, without the consent of the
Administrative Agent and, if no Default or Event of Default has occurred and is continuing, the Borrower (provided that the Borrower shall be deemed to have consented thereto unless it shall have objected in writing thereto no later than five
Business Days after notice thereof), be less (with respect to any such Revolving Commitment or Revolving Loan) than $5,000,000 or an integral multiple of $1,000,000 in excess thereof or be less (with respect to any Term Loan Commitment, New Term
Loan Commitment, Term Loans or New Term Loans) than $1,000,000 or an integral multiple in excess thereof (or such lesser amount as shall equal the assigning Lender’s entire Revolving Commitment, Term Loan Commitment, Revolving Loans, New Term
Loan Commitment, Term Loans or New Term Loans) and (B) after giving effect to such assignment, unless otherwise consented to by the Borrower (provided that the Borrower shall be deemed to have consented thereto unless it shall have objected in
writing thereto no later than five Business Days after notice thereof) if no Default or Event of Default has occurred and is continuing, the aggregate amount of the Revolving Commitment and Revolving Loans shall not be less than $5,000,000 and the
aggregate amount of the Term Loan Commitment and Term Loans or New Term Loan Commitment, and New Term Loans at the time owing to the assigning Lender shall not be less than $1,000,000 (unless the assigning Lender shall have assigned its entire
Revolving Commitment, Revolving Loans, Term Loan Commitment, New Term Loan Commitment, Term Loans and New Term Loans at the time owing it pursuant to such assignment or assignments otherwise complying with this Section 10.06 executed
substantially simultaneously with such assignment); 
 (v)    each such assignment by a
Lender shall be of a constant, and not varying, percentage of all rights and obligations in respect of a particular Commitment or Loan under this Agreement and the other Finance Documents; and 

 

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 (vi)    the parties to such assignment shall execute and
deliver to the Administrative Agent and, only with respect to any assignment of all or a portion of the Revolving Committed Amount, the Issuing Lenders for their acceptance an Assignment and Acceptance in the form of Exhibit C-1, together
with any Note subject to such assignment and a processing fee of $3,500 (the “Assignment Fee”), payable or agreed between the assigning Lender and the assignee (and which shall not be required to be paid by the Borrower);
provided however, if the parties of such assignment shall electronically execute and deliver to the Administrative Agent an Assignment and Acceptance via an electronic settlement system acceptable to the Administrative Agent in its
sole discretion (which initially shall be Clearpar, LLC) the Assignment Fee shall be $500. 

(c)    Assignment and Acceptance.    By executing and delivering an Assignment and
Acceptance in accordance with this Section 10.06, the assigning Lender thereunder and the assignee thereunder shall be deemed to confirm to and agree with each other and the other parties hereto as follows: (i) such assigning Lender
warrants that it is the legal and beneficial owner of the interest being assigned thereby free and clear of any adverse claim and the assignee warrants that it is an Eligible Assignee; (ii) except as set forth in clause (i) above,
such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements, warranties or representations made in or in connection with this Agreement, any of the other Finance Documents or any other
instrument or document furnished pursuant hereto or thereto, or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement, any of the other Finance Documents or any other instrument or document furnished
pursuant hereto or thereto or the financial condition of the Credit Parties or the performance or observance by any Credit Party of any of its obligations under this Agreement, any of the other Finance Documents or any other instrument or document
furnished pursuant hereto or thereto; (iii) such assignee represents and warrants that it is legally authorized to enter into such assignment agreement; (iv) such assignee confirms that it has received a copy of this Agreement, the other
Finance Documents, together with copies of the most recent financial statements delivered pursuant to Section 6.01 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to
enter into such Assignment and Acceptance; (v) such assignee will independently and without reliance upon the Administrative Agent, any Issuing Lender, such assigning Lender or any other Lender, and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement and the other Finance Documents; (vi) such assignee appoints and authorizes each of the Administrative Agent and
the Collateral Agent to take such action on its behalf and to exercise such powers under this Agreement or any other Finance Document as are delegated to such Persons by the terms hereof or thereof, together with such powers as are reasonably
incidental thereto; and (vii) such assignee agrees that it will perform in accordance with their terms all the obligations which by the terms of this Agreement and the other Finance Documents are required to be performed by it as a Lender. Upon
execution, delivery, and acceptance of such Assignment and Acceptance, the assignee thereunder shall be a party hereto and, to the extent of such assignment, have the obligations, rights, and benefits of a Lender hereunder and the assigning Lender
shall, to the extent of such assignment, relinquish its rights and be released from its obligations under this Agreement. Upon the consummation of any assignment pursuant to this Section 10.06(c), the assignor, the Administrative Agent
and the Credit Parties shall make appropriate arrangements so that, if required, new Notes are issued to the assignor and the assignee. If the assignee is not a United States person under Section 7701(a)(30) of the Code, it shall deliver to the
Credit Parties and the Administrative Agent certification as to exemption from deduction or withholding of Taxes in accordance with Section 3.01. In addition, if applicable, the assignee shall deliver to the Administrative Agent the
information referred to in Section 10.20. 

(d)    Register.    The Borrower hereby designates the Administrative Agent to
serve as its agent, solely for purposes of this subsection 10.06(d), to (i) maintain a register (the “Register”) on 

 

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which the Administrative Agent will record the Commitments from time to time of each Lender, the Loans made by each Lender and each repayment in respect of the principal amount of the Loans of
each Lender and to (ii) retain a copy of each Assignment and Acceptance delivered to the Administrative Agent pursuant to this Section 10.06. Failure to make any such recordation, or any error in such recordation, shall not affect
the Borrower’s obligation in respect of such Loans. The entries in the Register shall be conclusive, in the absence of manifest error, and the Borrower, the Administrative Agent, the Issuing Lenders and the Lenders shall treat each Person in
whose name a Loan and the Note evidencing the same is registered as the owner thereof for all purposes of this Agreement, notwithstanding notice or any provision herein to the contrary. With respect to any Lender, the assignment or other transfer of
the Commitments of such Lender and the rights to the principal of, and interest on, any Loan made and any Note issued pursuant to this Agreement shall not be effective until such assignment or other transfer is recorded on the Register and, except
to the extent provided in this subsection 10.06(d), otherwise complies with Section 10.06, and prior to such recordation all amounts owing to the transferring Lender with respect to such Commitments, Loans and Notes shall remain
owing to the transferring Lender. The registration of assignment or other transfer of all or part of any Commitments, Loans and Notes for a Lender shall be recorded by the Administrative Agent on the Register only upon the acceptance by the
Administrative Agent of a properly executed and delivered Assignment and Acceptance and payment of the administrative fee referred to in Section 10.06(b)(vi). The Register shall be available at the offices where kept by the
Administrative Agent for inspection by the Borrower and any Lender at any reasonable time upon reasonable prior notice to the Administrative Agent. The Borrower may not replace any Lender pursuant to Section 2.10(d), unless, with respect
to any Notes held by such Lender, the requirements of subsection 10.06(b) and this subsection 10.06(d) have been satisfied. 

(e)    Participations.    Each Lender may, without the consent of the Borrower, the
Issuing Lenders, the Swingline Lender or any Agent, sell participations to one or more Persons in all or a portion of its rights, obligations or rights and obligations under this Agreement (including all or a portion of its Loans, its Notes, its
Commitments and any Participation Interest in Letters of Credit and Swingline Loans held by it); provided, however, that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall
remain solely responsible to the other parties hereto for the performance of such obligations, (iii) the participant shall be entitled to the benefit of the right of setoff contained in Section 10.08 and the yield protection
provisions contained in Sections 3.01, 3.04 and 3.05 and to the same extent that the Lender from which such participant acquired its participation would be entitled to the benefits of such yield protection provisions; provided
that the Borrower shall not be required to reimburse any participant pursuant to Sections 3.01, 3.04 or 3.05 in an amount which exceeds the amount that would have been payable thereunder to such Lender had such Lender not sold
such participation and (iv) the Credit Parties, the Agents, the Issuing Lenders, the Swingline Lender 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, and such Lender shall retain the sole right to enforce the obligations of the Credit Parties relating to the Senior Obligations owing to such Lender and to approve any amendment, modification or waiver of any provision of this
Agreement (other than amendments, modifications or waivers decreasing the amount of principal of or the rate at which interest is payable on such Loans or Notes, extending any scheduled principal payment date or date fixed for the payment of
interest on such Loans or Notes or extending its Commitment). 
 (f)    Other
Assignments.    Any Lender may at any time (i) assign all or any portion of its rights under this Agreement and any Notes to a Federal Reserve Bank or any central bank having jurisdiction over such Lender,
(ii) pledge or assign a security interest in all or any portion of its interest and rights under this Agreement (including all or any portion of its Notes, if any) to secure obligations of such Lender (including any pledge or assignment to any
holders of obligations owed, or securities issued, by such Lender as collateral security for such obligations or securities, or to any trustee for, or any other representative of such holders) and (iii) grant to an SPC referred to in
subsection (h) below identified as 
  

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such in writing from time to time by such Lender to the Administrative Agent and the Borrower the option to provide to the Borrower all or any part of any Loans that such Lender would otherwise
be obligated to make to the Borrower pursuant to this Agreement; provided that no such assignment, option, pledge or security interest shall release a Lender from any of its obligations hereunder or substitute any such Federal Reserve Bank or
other Person to which such option, pledge or assignment has been made for such Lender as a party hereto. 

(g)    Information.    Any Lender may furnish any information concerning any Credit
Party or any of their respective Subsidiaries in the possession of such Lender from time to time to assignees and participants (including prospective assignees and participants), subject, however, to the provisions of Section 10.07.

 (h)    Other Funding Vehicles.    Notwithstanding anything to the
contrary contained herein, any Lender (a “Granting Lender”) may grant to a special purpose funding vehicle (an “SPC”) the option to fund all or any part of any Loan that such Granting Lender would otherwise be
obligated to fund pursuant to this Agreement; provided that (i) nothing herein shall constitute a commitment by any SPC to fund any Loan, (ii) if an SPC elects not to exercise such option or otherwise fails to fund all or any part of such
Loan, the Granting Lender shall be obligated to fund such Loan pursuant to the terms hereof, (iii) no SPC shall have any voting rights pursuant to Section 10.01 and (iv) with respect to notices, payments and other matters
hereunder, the Borrower, the Administrative Agent and the Lenders shall not be obligated to deal with an SPC, but may limit their communications and other dealings relevant to such SPC to the applicable Granting Lender. The funding of a Loan by an
SPC hereunder shall utilize the applicable Commitment of the Granting Lender to the same extent that, and as if, such Loan were funded by such Granting Lender. Each party hereto hereby agrees that no SPC shall be liable for any indemnity or payment
under this Agreement for which a Lender would otherwise be liable for so long as, and to the extent, the Granting Lender provides such indemnity or makes such payment. Notwithstanding anything to the contrary contained in this Agreement, any SPC may
disclose on a confidential basis any non-public information relating to its funding of Loans to any rating agency, commercial paper dealer or provider of any surety or guarantee to such SPC. This subsection (h) may not be amended without
the prior written consent of each Granting Lender, all or any part of whose Loan is being funded by an SPC at the time of such amendment. 

Section 10.07    Confidentiality and Disclosure.    (a) Each of the
Administrative Agent 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’ directors, officers, employees, trustees and agents,
including accountants, legal counsel and other advisors (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential);
(ii) to the extent requested by any regulatory authority (in which case the Administrative Agent or such Lender, as applicable, shall to the extent legally permitted use reasonable efforts to notify the Borrower prior to such disclosure) except
if requested in the course of routine audits or reviews by any regulatory (including self-regulatory) authority; (iii) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process (in which case the
Administrative Agent or such Lender, as applicable, shall use reasonable efforts to notify the Borrower prior to such disclosure) or in connection with any assignment or pledge permitted under Section 10.06(f); (iv) to any other
party to this Agreement; (v) 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) subject to an agreement containing provisions
substantially the same as those of this Section 10.07, to (A) any Eligible Assignee of or participant in, or any prospective Eligible Assignee of or participant in, any of its rights or obligations under this Agreement or
(B) any direct or indirect contractual counterparty or prospective counterparty (or such contractual counterparty’s or prospective counterparty’s professional advisor) to any credit derivative transaction relating to obligations of
the 
  

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Borrower; (vii) with the prior written consent of the Borrower; (viii) to the extent such information (A) becomes publicly available other than as a result of a breach of this
Section 10.07 or (B) becomes available to an Agent or any Lender on a nonconfidential basis from a source other than the Borrower any other Credit Party or any Subsidiary thereof; or (ix) to the National Association of
Insurance Commissioners or any other similar organization or any nationally recognized rating agency that requires access to information about a Lender’s or its Affiliates’ investment portfolio in connection with ratings issued with
respect to such Lender or its Affiliates. For the purposes of this Section 10.07, “Information” means all information received from the Borrower or any of its Affiliates relating to the Borrower or any of its Affiliates
or their respective businesses, other than any such information that is available to the Administrative Agent or any Lender on a nonconfidential basis prior to disclosure by the Borrower or any of its Affiliates. Any Person required to maintain the
confidentiality of Information as provided in this Section 10.07 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 (but in no event less than a reasonable degree of care). Notwithstanding the foregoing, any Agent and any Lender may place advertisements in financial and other newspapers and
periodicals or on a home page or similar place for dissemination of information on the Internet or worldwide web as it may choose, and circulate similar promotional materials, after the closing of the transactions contemplated by this Agreement in
the form of a “tombstone” or otherwise describing the names of the Credit Parties, or any of them, and the amount, type and Closing Date of such transactions, all at their sole expense. 

(b)    Notwithstanding the foregoing or any other contrary provision in this Agreement or any other Finance
Documents, the parties hereto hereby agree that, from the commencement of discussions with respect to the Transactions and the Finance Documents, each of the parties hereto and each of their respective employees, representatives and other agents may
disclose to any and all Persons, of any kind, the tax treatment and tax structure (as such terms are used in Sections 6011, 6111 and 6112 of the Code and the Treasury Regulations promulgated thereunder) of the Finance Documents and the Transaction
and all materials of any kind (including opinions or other tax analyses) that are provided to any of the parties hereto relating to such tax treatment and tax structure, other than any information for which nondisclosure is reasonably necessary in
order to comply with applicable securities laws; provided, however, that for this purpose the U.S. federal income tax treatment and U.S. federal income tax structure shall not include (i) the identity of any existing or future
party (or Affiliate of such party) to this Agreement or (ii) any specific market pricing information, including the amount of any fees, expenses, rates or payments, arising in connection with this Agreement or the transactions contemplated
hereby. 
 Section 10.08    Set-off.    In addition to any rights now or
hereafter granted under applicable law or otherwise, and not by way of limitation of any such rights, upon the occurrence and during the continuance of an Event of Default, each Lender (and each of its Affiliates) is authorized at any time and from
time to time, without presentment, demand, protest or other notice of any kind (all of such rights being hereby expressly waived), to set-off and to appropriate and apply any and all deposits (general or specific, but excluding Exempt Deposit
Accounts as defined in the Security Agreement) and any other indebtedness at any time held or owing by such Lender (including branches, agencies or Affiliates of such Lender wherever located) to or for the credit or the account of any Credit Party
against obligations and liabilities of such Credit Party then due to the Lenders hereunder, under the Notes, under the other Finance Documents or otherwise. The Credit Parties hereby agree that to the extent permitted by law any Person purchasing a
participation in the Loans, Commitments and LC Obligations hereunder pursuant to Section 2.01(c), 2.05(a) or (e), 2.13 or 10.06(e) may exercise all rights of set-off with respect to its participation interest
as fully as if such Person were a Lender hereunder and any such set-off shall reduce the amount owed by such Credit Party to the Lender. 
  

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 Section 10.09    Interest Rate
Limitation.    Notwithstanding anything herein to the contrary, if at any time the interest rate applicable to any Loan, together with all fees, charges and other amounts that are treated as interest on such Loan under
applicable law (collectively, the “Charges”), shall exceed the maximum lawful rate (the “Maximum Rate”) that may be charged or contracted for, charged or otherwise received by the Lender holding such Loan in
accordance with applicable law, the rate of interest payable in respect of such Loan hereunder, together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would
have been payable in respect of such Loan but were not payable as a result of the operation of this Section 10.09, shall be cumulated and the interest and Charges payable to such Lender in respect of other Loans or periods shall be
increased (but not above the Maximum Rate therefor) until such Lender shall have received such cumulated amount, together with interest thereon at the Federal Funds Rate to the date of payment. 

Section 10.10    Counterparts.    This Agreement may be executed in any number of
counterparts, each of which when so executed and delivered shall be an original, but all of which shall constitute one and the same instrument. It shall not be necessary in making proof of this Agreement to produce or account for more than one such
counterpart. 
 Section 10.11    Integration.    This Agreement, together
with the other Finance Documents, comprises the complete and integrated agreement of the parties on the subject matter hereof and thereof and supersedes all prior agreements, written or oral, on such subject matter. With the exception of those terms
contained in Sections 3, 5, 8 and 9 of the Commitment Letter dated April 21, 2010, among the Commitment Parties and Holdings which by the terms of such Commitment Letter remain in full force and effect, all of the Commitment Parties’ and
their respective Affiliates obligations under the Commitment Letter shall terminate and be superseded by the Finance Documents and the Commitment Parties and their respective Affiliates shall be released from all liability in connection therewith,
including any claim for injury or damages, whether consequential, special, direct, indirect, punitive or otherwise. 

Section 10.12    Conflicts.    In the event of any conflict between the provisions
of this Agreement and those of any other Finance Document, the provisions of this Agreement shall control; provided that the inclusion of supplemental rights or remedies in favor of the Administrative Agent or the Lenders in any other Finance
Document shall not be deemed a conflict with this Agreement. Each Finance Document was drafted with the joint participation of the respective parties thereto and shall be construed neither against nor in favor of any party, but rather in accordance
with the fair meaning thereof. 
 Section 10.13    Survival of Representations and
Warranties.    All representations and warranties made hereunder and in any other Finance Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution
and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Agents and each Lender, regardless of any investigation made by any Agent or any Lender or on their behalf and notwithstanding that any
Agent or any Lender may have had notice or knowledge of any Default or Event of Default at the time of any Credit Extension, and shall continue in full force and effect as long as any Loan or any other Senior Obligation (other than contingent
indemnification obligations) shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 
 Section
10.14    Severability.    Any provision of this Agreement and the other Finance Documents to which any Credit Party is a party that is prohibited or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions thereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction. 
  

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 Section 10.15    Headings.    The
headings of the sections and subsections hereof are provided for convenience only and shall not in any way affect the meaning or construction of any provision of this Agreement. 

Section 10.16    Governing Law; Submission to Jurisdiction. 

(a)    THIS AGREEMENT AND THE OTHER FINANCE DOCUMENTS (OTHER THAN AS EXPRESSLY SET FORTH IN SUCH OTHER FINANCE
DOCUMENTS) AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER AND THEREUNDER SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD
RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. Any legal action or proceeding with respect to this Agreement or any other Finance Document may be brought in the courts of the State of New York in New York
County, or of the United States for the Southern District of New York and, by execution and delivery of this Agreement, each party hereto hereby irrevocably accepts for itself and in respect of its property, generally and unconditional, the
nonexclusive jurisdiction of such courts. Each of party hereto irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have to the laying of the venue of any such proceeding brought in such court and
any claim that any such proceeding brought in any such court has been brought in an inconvenient forum. 

(b)    Each of party hereto hereby irrevocably consents and agrees that any and all process which may be served in
any suit, action or proceeding of the nature referred to in this Section 10.16 may be served by the mailing of a copy thereof by registered or certified mail, postage prepaid, return receipt requested, to such party’s address
referred to in Section 10.03, as the case may be. Each of party hereto agrees that such service (i) shall be deemed in every respect effective service of process upon it in any such suit, action or proceeding and (ii) shall, to
the fullest extent permitted by law, be taken and held to be valid personal service upon and personal delivery to it. Nothing in this Section 10.16 shall affect the right of any party hereto to serve process in any manner permitted by
law or limit the right of any party hereto to bring proceedings against any other party in the courts of any jurisdiction or jurisdictions. 

Section 10.17    Waiver of Jury Trial.    EACH PARTY TO THIS AGREEMENT HEREBY
EXPRESSLY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, COUNTERCLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING UNDER ANY FINANCE DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE
PARTIES HERETO OR ANY OF THEM WITH RESPECT TO ANY FINANCE DOCUMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND
CONSENTS THAT ANY SUCH CLAIM, COUNTERCLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION WITH ANY COURT AS WRITTEN
EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. EACH PARTY HERETO CERTIFIES TO THE OTHER PARTIES HERETO 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 ACKNOWLEDGES 

 

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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 10.18    Binding Effect.    This Agreement shall be binding upon and inure
to the benefit of the Credit Parties, each Agent and each Lender and their respective permitted successors and assigns. 

Section 10.19    Lenders’ U.S. Patriot Act Compliance Certification.    Each
Lender or assignee or participant of a Lender that is not incorporated under the Laws of the United States or a State thereof (and is not excepted from the certification requirement contained in Section 313 of the U.S. Patriot Act and the
applicable regulations because it is both (i) an Affiliate of a depository institution or foreign bank that maintains a physical presence in the United States or foreign country and (ii) subject to supervision by a banking regulatory
authority regulating such Affiliated depository institution or foreign bank) shall deliver to the Administrative Agent the certification or, if applicable, recertification, certifying that such Lender is not a “shell” and certifying to
other matters as required by Section 313 of the U.S. Patriot Act and the applicable regulations thereunder: (i) within 10 days after the Closing Date or, if later, the date such Lender, assignee or participant of a Lender becomes a Lender,
assignee or participant of a Lender hereunder and (ii) at such other times as are required under the U.S. Patriot Act. 

Section 10.20    U.S. Patriot Act Notice.    Each Lender and the Administrative
Agent (for itself and not on behalf of any other Lender) hereby notifies each Credit Party that, pursuant to the requirements of the U.S. Patriot Act, it is required to obtain, verify and record information that identifies each Credit Party, which
information includes the name and address of each Credit Party and other information that will allow such or Administrative Agent, as applicable, to identify such Credit Party in accordance with the U.S. Patriot Act. 

Section 10.21    Electronic Execution of Assignments.    The words
“execution,” “signed,” “signature,” and words of like import in any Finance Document shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same
legal effect, validity or enforceability as a manually executed signature or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in
Global and National Commerce Act, the New York State Electronic Signatures and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

Section 10.22    No Fiduciary Duty.    Each Agent, each Lender and their respective
Affiliates (collectively, solely for purposes of this paragraph, the “Lenders”), may have economic interests that conflict with those of the Credit Parties, their respective stockholders and/or their respective affiliates. Each Credit
Party agrees that nothing in the Finance Documents or otherwise will be deemed to create an advisory, fiduciary or agency relationship or fiduciary or other implied duty between any Lender, on the one hand, and any Credit Party, its stockholders or
its affiliates, on the other. The Credit Parties acknowledge and agree that (i) the transactions contemplated by the Finance Documents (including the exercise of rights and remedies hereunder and thereunder) are arm’s-length commercial
transactions between the Lenders, on the one hand, and such Credit Party, on the other, and (ii) in connection therewith and with the process leading thereto, (x) no Lender has assumed an advisory or fiduciary responsibility in favor of
such Credit Party, its stockholders or its affiliates with respect to the transactions contemplated by the Finance Documents (or the exercise of rights or remedies with respect thereto) or the process leading thereto (irrespective of whether any
Lender has advised, is currently advising or will advise such Credit Party, its stockholders or its affiliates on other matters) or any other obligation to such Credit Party except the obligations expressly set forth in the Finance Documents and

  

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(y) each Lender is acting solely as principal and not as the agent or fiduciary of such Credit Party, its management, stockholders, affiliates, creditors or any other Person. Each Credit Party
acknowledges and agrees that such Credit Party 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 Credit Party agrees that it will not claim that any Lender has rendered advisory services of any nature or respect, or owes a fiduciary or similar duty to such Credit Party, in connection with such transaction or the
process leading thereto. 
 Section 10.23    Joint and Several
Liability.    From and after the delivery of the Borrower Assumption Agreement, each Borrower hereby agrees that it is jointly and severally liable under this Agreement for all Finance Obligations as further provided in
the Borrower Assumption Agreement. 
 [Signature Pages Follow] 

 

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

			
	OHCP HM ACQUISITION CORP.
		
	By:	 	 /s/ Michael Green

		 	Name: Michael Green
		 	Title: Vice President
	
	 c/o Oak Hill Capital Partners III, L.P.

65 East 55th Street
 New York, New York 10022

	
	OHCP HM MERGER SUB CORP.
		
	By:	 	 /s/ Michael Green

		 	Name: Michael Green
		 	Title: Vice President
	
	 c/o Oak Hill Capital Partners III, L.P.

65 East 55th Street
 New York, New York 10022

	
	THE HILLMAN GROUP, INC.
		
	By:	 	 /s/ James P. Waters

		 	Name: James P. Waters
		 	Title: Chief Financial Officer
	
	 10590 Hamilton Avenue

Cincinnati, Ohio 45231-0012

CREDIT AGREEMENT 

			
	THE HILLMAN COMPANIES, INC.
		
	By:	 	 /s/ James P. Waters

		 	Name: James P. Waters
		 	Title: Chief Financial Officer
	
	 10590 Hamilton Avenue

Cincinnati, Ohio 45231-0012

	
	HILLMAN INVESTMENT COMPANY
		
	By:	 	 /s/ James P. Waters

		 	Name: James P. Waters
		 	Title: Chief Financial Officer
	
	 10590 Hamilton Avenue

Cincinnati, Ohio 45231-0012

CREDIT AGREEMENT 

			
	 BARCLAYS BANK PLC,

as Administrative Agent, Issuing Lender,

Swingline Lender and a Lender

		
	 By:
	 	 /s/ Craig Malloy

		 	 Name: Craig Malloy

		 	 Title: Director

 

 CREDIT AGREEMENT 

			
	 BARCLAYS CAPITAL,

as Lead Arranger, Joint Bookrunner and

Syndication Agent

		
	By:	 	 /s/ Craig Malloy

		 	Name: Craig Malloy
		 	Title: Director

 CREDIT AGREEMENT

			
	 MORGAN STANLEY BANK, N.A.

as Lead Arranger, Syndication Agent, Joint

Bookrunner and Revolving Lender

		
	 By:
	 	 /s/ Emily Johnson

		 	 Name: Emily Johnson

		 	 Title: Authorized Signatory

 

 CREDIT AGREEMENT 

			
	 GE CAPITAL MARKETS, INC.,

as Joint Bookrunner

		
	By:	 	 /s/ David Mahon

		 	Name: David Mahon
		 	Title: Duly Authorized Signatory

CREDIT AGREEMENT 

			
	 GENERAL ELECTRIC CAPITAL

CORPORATION,
 as Documentation Agent and a Lender

		
	By:	 	 /s/ Kristine M. Jurczyk

		 	Name: Kristine M. Jurczyk
		 	Title: Duly Authorized Signatory

  

 CREDIT AGREEMENT 

 Schedule 1.01A 

Lenders and Commitments 
  

													
	Lender	 	 Revolving

Commitment

Amount1
,
2
	  	 Revolving

Commitment

Percentage
	  	 Term Loan

Commitment

Amount
	  	 Term Loan

Commitment

Percentage
	  	 Total

Commitment
	  	 Commitment

Date

	 Barclays Bank PLC
	 	$8,333,333.33	  	27.78%	  	$247,000,000.00	  	85.17%	  	$255,333,333.33	  	May 28, 2010
	 Morgan Stanley Bank, N.A.
	 	$8,333,333.33	  	27.78%	  	$0.00	  	0.00%	  	$8,333,333.33	  	May 28, 2010
	 General Electric Capital Corporation
	 	$8,333,333.33	  	27.78%	  	$40,000,000.00	  	13.79%	  	$48,333,333.33	  	May 28, 2010
	 PNC Bank NA
	 	$5,000,000.00	  	16.67%	  	$3,000,000.00	  	1.03%	  	$8,000,000.00	  	May 28, 2010
	 Total
	 	$30,000,000.00	  	100.00%	  	$290,000,000.00	  	100.00%	  	$320,000,000.00	  	 

 

	1
	 The Swingline Committed Amount is $5,000,000. 

	2
	 The LC Committed Amount is $15,000,000. 

 Schedule 1.01C 

Refinanced Agreements 
  

	1.	Amended and Restated Credit Agreement, dated as of July 21, 2006, by and among The Hillman Group, Inc.(“HGI”), The Hillman Companies, Inc.
(“Holdings”), Hillman Investment Company (“Intermediate Holdings”), GE Business Financial Services Inc. (“GEBFS”) and certain other financial institutions parties thereto as lenders thereunder, as amended through the
date hereof. 

  

	2.	Loan Agreement, dated as of March 31, 2004, among Holdings, Intermediate Holdings, HGI and Allied Capital Corporation (“Allied Capital”), as amended
through the date hereof. 

 Schedule 1.01D 

Management Group 
 1. Max
W. Hillman, Jr. 
 2. Richard P. Hillman 

3. James P. Waters 
 4. Gary Seeds 

5. Dan Smercina 
 6. Terry Rowe 

7. George Heredia 
 8. Richard Buller

 9. John Marshall 
 10. Albert
(Chip) Church 
 11. Ali Fartaj 
 12.
John Helms 
 13. Andrea Borg 

 Schedule 1.01E 

Lender Addresses 
  

							
	Lender	  	Address for Notices	  	 Applicable Lending

Offices for Base Rate

Loans
	  	 Applicable
Lending
 Offices for

Eurodollar Loans

	Barclays Bank PLC	  	 Barclays Bank PLC

745 Seventh Avenue
 New York, NY 10019

Attn: Noam Azachi
 Tel: 212-526-1957

Fax: 212-526-5115
	  	 Barclays Bank PLC

70 Hudson Street
 Jersey City, New Jersey 07302,
USA
 Attn: Patrick Kerner
 Tel:
201-499-5040
 Fax: 917.522.0569
	  	 Barclays Bank PLC

70 Hudson Street
 Jersey City, New
Jersey
 07302, USA
 Attn: Patrick
Kerner
 Tel: 201-499-5040
 Fax:
917.522.0569

	 	 	 	 
	Morgan Stanley Bank, N.A.	  	 Morgan Stanley Loan Servicing

1000 Lancaster Street
 Baltimore, MD
21202
 Attn: Brad Dudley
 Tel:
443-627-4355
 Fax: 718-233-2140
	  	 Morgan Stanley Bank, N.A.
 One
Utah Center.
 201 South Main Street,

5th Floor
 Salt Lake City, Utah
84111
	  	 Morgan Stanley Bank, N.A.

One Utah Center.
 201 South Main
Street,
 5th Floor
 Salt Lake City,
Utah 84111

	 	 	 	 
	General Electric Capital Corporation	  	 General Electric Capital Corporation

Corporate Financial Services
 500 W
Monroe
 Attn: Hillman Account Officer

Tel: 312-441-6761
 Fax:
312-441-7920
	  	 GE Capital
 GENPAC JLN MARG

 Jaipur RJ 302017 India
 Attn: Piyush
Bhatnagar
 Tel: 203-956-3837
 Fax:
203-956-4783
	  	 GE Capital

GENPAC JLN MARG
 Jaipur RJ 302017
India
 Attn: Piyush Bhatnagar
 Tel:
203-956-3837
 Fax: 203-956-4783

	 	 	 	 
	PNC Bank, NA	  	 PNC Bank, National Association

201 East Fifth Street, 3rd Floor

Cincinnati, OH 45202
 Attn: Jeffrey
Stein
 Tel: (513) 651-8692
 Fax: (513)
651-8951
	  	 PNC Bank, National Association

201 East Fifth Street, 3rd Floor

Cincinnati, OH 45202
 Attn: Jeffrey
Stein
 Tel: (513) 651-8692
 Fax: (513)
651-8951
	  	 PNC Bank, National Association

201 East Fifth Street, 3rd Floor

Cincinnati, OH 45202
 Attn: Jeffrey
Stein
 Tel: (513) 651-8692
 Fax: (513)
651-8951

 Schedule 1.01F 

Insignificant
Subsidiaries3 

 

					
	Entity Name	  	 Type of Credit

Party
	  	
Jurisdiction of

Organization or

Formation

	SunSource Integrated Services de Mexico SA de CV	  	Foreign Subsidiary	  	Mexico
	 	 	 
	The Hillman Group Canada Ltd.	  	Foreign Subsidiary	  	Canada
	 	 	 
	SunSub C Inc.	  	Subsidiary Guarantor	  	Delaware

 

	3
	 As of April 30, 2010, the aggregate asset value of these Subsidiaries was approximately $7.05 million. 

 Schedule 2.05 

Existing Letters of Credit 
  

											
	 Date of

Issuance
	 	Issuer	 	 Letter of

Credit

Number
	 	 Undrawn

Amount
	 	 Names of

Beneficiary
	 	 Date
of
 Expiry

	 11/06/09
	 	PNC Bank, National Asssociation	 	18110694	 	$422,000	 	American Casualty Co.	 	11/06/10
	 11/27/09
	 	PNC Bank, National Asssociation	 	18108323	 	$274,770	 	American Casualty Co.	 	11/27/10
	 10/18/05
	 	PNC Bank, National Asssociation	 	18102336	 	$843,600	 	American Casualty Co.	 	10/18/10
	 11/09/04
	 	PNC Bank, National Asssociation	 	18100805	 	$1,266,630	 	American Casualty Co.	 	11/09/10
	 10/08/03
	 	PNC Bank, National Asssociation	 	261210	 	$400,000	 	American Casualty Co.	 	10/08/10
	 11/09/01
	 	PNC Bank, National Asssociation	 	243649	 	$80,000	 	Lumbermens Mutual Casualty Co.	 	10/03/10
	 10/04/00
	 	PNC Bank, National Asssociation	 	233709	 	$1,650,000	 	Legion Insurance Company	 	10/03/10
	 10/16/00
	 	PNC Bank, National Asssociation	 	233749	 	$500,000	 	Mutual Indemnity Ltd.	 	12/15/10
	 04/08/09

	 	PNC Bank, National Asssociation	 	18111322	 	$50,000	 	Disney	 	04/08/11

 Schedule 4.01(k)(i) 

Mortgaged Properties 

List of Mortgaged Properties: 
 425
Church St. Goodlettsville, Tennessee 37072. 

 Schedule 5.02 

Required Consents, Authorizations, Notices and Filings 

 

	1.	Hart-Scott-Rodino approval. 

  

	2.	See Authorization Schedule of Merger Agreement. 

 Schedule 5.07 

Undisclosed Liabilities 

None. 

 Schedule 5.15 

ERISA 
 None. 

 Schedule 5.16 

Subsidiaries 
  

											
	 Name of

Subsidiary
	 	 Jurisdiction

of

Formation
	 	 Subsidiary

Guarantor
	 	 Authorized

Shares
	 	 Outstanding

Shares
	 	 Holder
of
 Outstanding

Equity

Interests

	The Hillman Companies, Inc.	 	Delaware	 	Yes	 	100 shares of common stock, par value $0.01	 	100 shares of common stock	 	OHCP HM Acquisition Corp.
	 	 	 	 	 	 
	Hillman Investment Company	 	Delaware	 	Yes	 	100 shares of common stock, par value $0.01	 	100 shares of common stock	 	The Hillman Companies, Inc.
	 	 	 	 	 	 
	The Hillman Group, Inc.	 	Delaware	 	No	 	200 shares of common stock, par value $0.01 per share	 	200 shares of common stock	 	Hillman Investment Company
	 	 	 	 	 	 
	SunSub C Inc.	 	Delaware	 	Yes	 	100 shares of common stock, par value $0.01 per share	 	100 shares of common stock	 	The Hillman Group, Inc.
	 	 	 	 	 	 
	All Points Industries, Inc.	 	Florida	 	Yes	 	100 shares of common stock, no par value	 	100 shares of common stock	 	The Hillman Group, Inc.
	 	 	 	 	 	 
	The Hillman Group Canada Ltd.	 	Canada	 	No	 	100 shares of common stock	 	100 shares of common stock	 	The Hillman Group, Inc.
	 	 	 	 	 	 
	SunSource Integrated Services de Mexico SA de CV	 	Mexico	 	No	 	150,000 series B shares and 25,690,000 Series B-1 shares	 	 150,000 Series B shares and

25,690,000 Series B-1 shares
	 	The Hillman Group, Inc.

 Schedule 5.20 

Environmental Matters 

None. 

 Schedule 5.21 

Intellectual Property 

Part A 

Copyrights and Copyright Applications 
  

									
	Debtor/Grantor	  	Title	  	Registration Date	  	Status	  	Application/
Registration No.
					
	 The Hillman Group, Inc.
	  	Butterfly hanger	  	2/22/2005	  	Registered	  	VA1299548
					
	 The Hillman Group, Inc.
	  	Police car hanger	  	2/2/2005	  	Registered	  	VA1300306
					
	 The Hillman Group, Inc.
	  	Axxess Entry Technologies training tape	  	8/13/1993	  	Registered	  	SR178277
					
	 The Hillman Group, Inc.
	  	Program 1 [Application title: Computer Software Program 1]	  	4/6/1988	  	Registered	  	TXu343214
					
	 The Hillman Group, Inc.
	  	Computer software program—program 1. By Electron Information Systems Company [Application title: Computer Software Program – Program 2]	  	4/4/1988	  	Registered	  	TXu321719

 Patents and
Patent Applications 
  

											
	Debtor/Grantor	  	Title	    	Issued
Date
(Filing Date)	    	Status	    	Registration No.
(Application
No.).	    	Jurisdiction
						
	The Hillman Group, Inc.	  	Method and apparatus for determining the bitting pattern of keys	    	7/8/2003	    	Issued	    	6588995	    	U.S.
						
	The Hillman Group, Inc.	  	Feed spring	    	7/9/2002	    	Issued	    	6415931	    	U.S.
						
	The Hillman Group, Inc.	  	Method and apparatus for using light to identify a key	    	5/16/2000	    	Issued	    	6064747	    	U.S.
						
	The Hillman Group, Inc.	  	Key identifier method and apparatus	    	10/4/1994	    	Issued	    	5351409	    	U.S.
						
	The Hillman Group, Inc.	  	Key storage tag	    	5/17/1994	    	Issued	    	5311758	    	U.S.
						
	The Hillman Group, Inc.	  	Key storage container	    	5/3/1994	    	Issued	    	5308360	    	U.S.
						
	The Hillman Group, Inc.	  	Character display system and method of making the same	    	(9/10/2007)	    	Pending	    	(2581030)	    	Canada

											
						
	The Hillman Group, Inc.	  	Character display system and method of making the same	    	3/24/2009	    	Issued	    	7506464	    	U.S.
						
	The Hillman Group, Inc.	  	Key positioning fixture for a key cutting machine	    	4/14/1998	    	Issued	    	2159048	    	Canada
						
	The Hillman Group, Inc.	  	Key positioning fixture for a key cutting machine	    	9/17/1996	    	Issued	    	5556240	    	U.S.
						
	The Hillman Group, Inc.	  	Method and apparatus for aligning and cutting single-sided and double-sided keys	    	3/4/1997	    	Issued	    	5607267	    	U.S.
						
	The Hillman Group, Inc.	  	Method and apparatus for aligning and cutting single-sided and double-sided keys	    	8/22/1995	    	Issued	    	5443339	    	U.S.
						
	The Hillman Group, Inc.	  	Method and apparatus for duplicating keys using tip-referenced alignment between key blank and master key	    	5/24/1994	    	Issued	    	5314274	    	U.S.
						
	The Hillman Group, Inc.	  	Key cutting machine with a code selectable key duplicating system	    	12/21/1993	    	Issued	    	5271698	    	U.S.
						
	The Hillman Group, Inc.	  	Key duplicating machine with bottom clearance	    	8/26/1997	    	Issued	    	5660509	    	U.S.
						
	The Hillman Group, Inc.	  	Key duplicating machine and method	    	7/23/1996	    	Issued	    	5538374	    	U.S.
						
	The Hillman Group, Inc.	  	Key identification system	    	(7/17/2001)	    	Pending	    	(2353165)	    	Canada
						
	The Hillman Group, Inc.	  	Key identification system	    	11/20/2007	    	Issued	    	2403415	    	Canada
						
	The Hillman Group, Inc.	  	Key identification system	    	5/17/2006	    	Issued	    	1191475	    	EP France
						
	The Hillman Group, Inc.	  	Key identification system	    	8/16/2006	    	Issued	    	1298574	    	EP France
						
	The Hillman Group, Inc.	  	Key identification system	    	5/17/2006	    	Issued	    	1191475	    	EP Germany
						
	The Hillman Group, Inc.	  	Key identification system	    	8/16/2006	    	Issued	    	1298574	    	EP Germany
						
	The Hillman Group, Inc.	  	Key identification system	    	5/17/2006	    	Issued	    	1191475	    	EP Great Britain
						
	The Hillman Group, Inc.	  	Key identification system	    	8/16/2006	    	Issued	    	1298574	    	EP Great Britain
						
	The Hillman Group, Inc.	  	Key identification system	    	5/17/2006	    	Issued	    	1191475	    	EP Italy
						
	The Hillman Group, Inc.	  	Key identification system	    	8/16/2006	    	Issued	    	1298574	    	EP Italy
						
	The Hillman Group, Inc.	  	Key identification system	    	5/17/2006	    	Issued	    	1191475	    	EP Spain
						
	The Hillman Group, Inc.	  	Key identification system	    	8/16/2006	    	Issued	    	1298574	    	EP Spain
						
	The Hillman Group, Inc.	  	Key identification system	    	(9/24/2002)	    	Pending	    	(2002-57875)	    	South Korea
						
	The Hillman Group, Inc.	  	Key identification system	    	1/4/2005	    	Issued	    	6839451	    	U.S.
						
	The Hillman Group, Inc.	  	Key identification system	    	1/4/2005	    	Issued	    	6839449	    	U.S.

											
						
	The Hillman Group, Inc.	  	Key identification system	    	12/28/2004	    	Issued	    	6836553	    	U.S.
						
	The Hillman Group, Inc.	  	System for carrying engraveable workpieces of different configurations	    	8/23/2006	    	Issued	    	1006006	    	EP France
						
	The Hillman Group, Inc.	  	System for carrying engraveable workpieces of different configurations	    	8/23/2006	    	Issued	    	1006006	    	EP Germany
						
	The Hillman Group, Inc.	  	System for carrying engraveable workpieces of different configurations	    	8/23/2006	    	Issued	    	1006006	    	EP Great Britain
						
	The Hillman Group, Inc.	  	System for carrying engraveable workpieces of different configurations	    	8/23/2006	    	Issued	    	1006006	    	EP Italy
						
	The Hillman Group, Inc.	  	System for carrying engraveable workpieces of different configurations	    	8/23/2006	    	Issued	    	1006006	    	EP Spain
						
	The Hillman Group, Inc.	  	Workpiece carrying system	    	11/27/2001	    	Issued	    	6321430	    	U.S.
						
	The Hillman Group, Inc.	  	Modular display system	    	3/12/1996	    	Issued	    	5497888	    	U.S.
						
	The Hillman Group, Inc.	  	Key cutting machine and method	    	10/20/2009	    	Issued	    	2409784	    	Canada
						
	The Hillman Group, Inc.	  	Key cutting method	    	12/2/2009	    	Issued	    	1373177	    	EP France
						
	The Hillman Group, Inc.	  	Key cutting method	    	12/2/2009	    	Issued	    	1373177	    	EP Germany
						
	The Hillman Group, Inc.	  	Key cutting method	    	12/2/2009	    	Issued	    	1373177	    	EP Great Britain
						
	The Hillman Group, Inc.	  	Key cutting method	    	12/2/2009	    	Issued	    	1373177	    	EP Italy
						
	The Hillman Group, Inc.	  	Key cutting machine and method	    	(3/26/2002)	    	Pending	    	(08009490)	    	European Patent
						
	The Hillman Group, Inc.	  	Key cutting machine and method	    	(3/26/2002)	    	Pending	    	(08009489)	    	European Patent
						
	The Hillman Group, Inc.	  	Key cutting method	    	12/2/2009	    	Issued	    	1373177	    	European Patent
						
	The Hillman Group, Inc.	  	Key cutting machine and method	    	1/16/2008	    	Issued	    	4035054	    	Japan
						
	The Hillman Group, Inc.	  	Key cutting method	    	(6/5/2007)	    	Pending	    	(2007-149261)	    	Japan
						
	The Hillman Group, Inc.	  	Key cutting device	    	(3/26/2002)	    	Pending	    	(2002-579407)	    	Japan
						
	The Hillman Group, Inc.	  	Key cutting machine and method	    	10/3/2006	    	Issued	    	7114894	    	U.S.
						
	The Hillman Group, Inc.	  	Article dispensing apparatus	    	7/4/2000	    	Issued	    	6082580	    	U.S.
						
	The Hillman Group, Inc.	  	Engraving system	    	5/9/2007	    	Issued	    	947355	    	EP France
						
	The Hillman Group, Inc.	  	Engraving system	    	5/9/2007	    	Issued	    	947355	    	EP Germany
						
	The Hillman Group, Inc.	  	Engraving system	    	5/9/2007	    	Issued	    	947355	    	EP Great Britain
						
	The Hillman Group, Inc.	  	Engraving system	    	5/9/2007	    	Issued	    	947355	    	EP Italy

											
						
	The Hillman Group, Inc.	  	Engraving system	    	5/9/2007	    	Issued	    	947355	    	EP Spain
						
	The Hillman Group, Inc.	  	Inscribing system	    	11/16/2004	    	Issued	    	6817814	    	U.S.
						
	The Hillman Group, Inc.	  	Inscribing system	    	11/12/2002	    	Issued	    	6478515	    	U.S.
						
	The Hillman Group, Inc.	  	Engraving system	    	2/13/2001	    	Issued	    	6186711	    	U.S.
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	1/2/2007	    	Issued	    	2260666	    	Canada
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	8/11/2004	    	Issued	    	945284	    	EP France
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	8/11/2004	    	Issued	    	945284	    	EP Germany
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	8/11/2004	    	Issued	    	945284	    	EP Great Britain
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	8/11/2004	    	Issued	    	945284	    	EP Italy
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	8/11/2004	    	Issued	    	945284	    	EP Spain
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	(5/6/2009)	    	Pending	    	(2009-112400)	    	Japan
						
	The Hillman Group, Inc.	  	Engraving apparatus	    	5/9/2000	    	Issued	    	6059495	    	U.S.
						
	The Hillman Group, Inc.	  	Key identifier method and apparatus	    	7/6/1999	    	Issued	    	2178792	    	Canada
						
	The Hillman Group, Inc.	  	Key identifier method and apparatus	    	4/1/1997	    	Issued	    	5617323	    	U.S.
						
	The Hillman Group, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	8/22/2000	    	Issued	    	2169142	    	Canada
						
	The Hillman Group, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	10/14/1997	    	Issued	    	5676504	    	U.S.
						
	The Hillman Group, Inc.	  	Duel-sided engraving system	    	(11/9/2009)	    	Pending	    	(12614899)	    	U.S.
						
	The Hillman Group, Inc.	  	Engraving machine	    	(11/16/2009)	    	Pending	    	(29350381)	    	U.S.
						
	Axxess Entry Technologies, Inc.	  	Key cutting machine with a code selectable key duplicating system	    	(9/25/1992)	    	Pending	    	(1992-507001)	    	Japan
						
	Axxess Entry Technologies, Inc.	  	Method and apparatus for duplicating keys using tip-referenced alignment between key blank and master key	    	5/22/2000	    	Issued	    	3042884	    	Japan
						
	Axxess Entry Technologies, Inc.	  	Method and apparatus for duplicating keys using tip-referenced alignment between key blank and master key	    	5/1/2000	    	Issued	    	100254572	    	South Korea
						
	Axxess Technologies, Inc.	  	Method and apparatus for aligning single-sided and double-sided keys	    	12/2/1993	    	Issued	    	644311	    	Australia
						
	Axxess Technologies, Inc.	  	Method and apparatus for duplicating keys using tip-referenced alignment between key blank and master key	    	7/25/1996	    	Issued	    	670542	    	Australia

											
						
	Axxess Technologies, Inc.	  	Key cutting machine with a code selectable key duplicating system	    	11/28/1996	    	Issued	    	673809	    	Australia
						
	Axxess Technologies, Inc.	  	Method and apparatus for duplicating keys using tip-referenced alignment between key blank and master key	    	10/17/1995	    	Issued	    	2120245	    	Canada
						
	Axxess Technologies, Inc.	  	Key cutting machine with a code selectable key duplicating system	    	10/17/1995	    	Issued	    	2120247	    	Canada
						
	Axxess Technologies, Inc.	  	Key duplicating machine with bottom clearance	    	6/5/2001	    	Issued	    	2173422	    	Canada
						
	Axxess Technologies, Inc.	  	Key identification system	    	11/24/2006	    	Issued	    	HK1046441	    	Hong Kong
						
	Axxess Technologies, Inc.	  	Key identification system	    	(7/25/2001)	    	Pending	    	(2001-44956)	    	South Korea
						
	Axxess Technologies, Inc.	  	Workpiece carrying system	    	(12/3/1999)	    	Pending	    	(1999-344045)	    	Japan
						
	Axxess Technologies, Inc.	  	Article dispensing apparatus	    	11/2/2004	    	Issued	    	2260299	    	Canada
						
	Axxess Technologies, Inc.	  	Article dispensing apparatus	    	9/30/2009	    	Issued	    	4335341	    	Japan
						
	Axxess Technologies, Inc.	  	Engraving system	    	8/29/2002	    	Issued	    	751870	    	Australia
						
	Axxess Technologies, Inc.	  	Engraving system	    	1/29/2008	    	Issued	    	2266917	    	Canada
						
	Axxess Technologies, Inc.	  	Engraving system and aligning method for article to be worked	    	(4/2/1999)	    	Pending	    	(1999-095838)	    	Japan
						
	Axxess Technologies, Inc.	  	Engraving apparatus	    	8/2/2001	    	Issued	    	736891	    	Australia
						
	Axxess Technologies, Inc.	  	Engraving machine	    	(3/23/1999)	    	Pending	    	(1999-077083)	    	Japan
						
	Axxess Technologies, Inc.	  	Key identifier method and apparatus	    	4/29/1999	    	Issued	    	704727	    	Australia
						
	Axxess Technologies, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	1/29/1998	    	Issued	    	686055	    	Australia
						
	Axxess Technologies, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	10/30/2002	    	Issued	    	779120	    	EP France
						
	Axxess Technologies, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	10/30/2002	    	Issued	    	779120	    	EP Germany
						
	Axxess Technologies, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	10/30/2002	    	Issued	    	779120	    	EP Great Britain
						
	Axxess Technologies, Inc.	  	Key cutting machine with key tracing and electronic code cutting duplication modes	    	10/30/2002	    	Issued	    	779120	    	EP Italy
						
	Axxess Technologies, Inc.	  	Key cutting machine and key copying method by this machine	    	1/24/2000	    	Issued	    	3001444	    	Japan

 Trademarks and Trademark Applications 

 

											
	 Debtor/Grantor
	  	 Title
	  	 Issued Date

(Filing Date)
	  	 Status
	  	 Registration No.
(Application No.).
	  	 Jurisdiction

						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	7/13/1993	  	Registered	  	413255	  	Colombia
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	4/21/1988	  	Registered	  	88/3111	  	South Africa
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	9/28/2000	  	Registered	  	P-223.819	  	Venezuela
						
	The Hillman Group, Inc.	  	PC+	  	(9/18/1998)	  	Pending	  	(98053994)	  	Colombia
						
	The Hillman Group, Inc.	  	PC+	  	9/18/1998	  	Registered	  	1998/1683	  	South Africa
						
	The Hillman Group, Inc.	  	QUICK-SCRIBE	  	7/31/2000	  	Registered	  	234416	  	Colombia
						
	Axxess Technologies Inc.	  	QUICK-SCRIBE	  	2/22/2000	  	Registered	  	467163	  	Indonesia
						
	Axxess Technologies Inc.	  	PC+	  	12/13/1999	  	Registered	  	460638	  	South Korea
						
	All Points Industries, Inc. DBA All Points Screw, Bolt & Specialty Co.	  	HARDWARE NOW	  	12/11/2007	  	Registered	  	3354288	  	U.S.
						
	Axxess Technologies, Inc.	  	A.D. 2000	  	10/2/1997	  	Registered	  	TMA483554	  	Canada
						
	Axxess Technologies, Inc.	  	QUICK-SCRIBE	  	1/5/2001	  	Registered	  	1815141	  	Argentina
						
	The Hillman Group, Inc.	  	+GRAFICE	  	8/1/1993	  	Registered	  	141791	  	Colombia
						
	The Hillman Group, Inc.	  	ACCESS PC	  	3/2/1993	  	Registered	  	1754900	  	U.S.
						
	The Hillman Group, Inc.	  	AXXESS and Design	  	1/23/1996	  	Registered	  	1950599	  	U.S.
						
		  	
 

	  		  		  		  	
						
	The Hillman Group, Inc.	  	AXXESS KEY IDENTIFIER	  	7/19/1994	  	Registered	  	1845341	  	U.S.
						
	The Hillman Group, Inc.	  	AXXESS+	  	11/23/1998	  	Registered	  	779156	  	Australia
						
	The Hillman Group, Inc.	  	AXXESS+	  	5/14/2002	  	Registered	  	821348108	  	Brazil
						
	The Hillman Group, Inc.	  	AXXESS+	  	6/13/2006	  	Registered	  	821348116	  	Brazil
						
	The Hillman Group, Inc.	  	AXXESS+	  	11/25/2003	  	Registered	  	TMA595763	  	Canada
						
	The Hillman Group, Inc.	  	AXXESS+	  	7/25/2000	  	Registered	  	995902	  	Community Trademark
						
	The Hillman Group, Inc.	  	AXXESS+	  	5/30/2003	  	Registered	  	4677055	  	Japan

											
						
	Axxess Technologies, Inc.	  	AXXESS+	  	2/25/1999	  	Registered	  	601776	  	Mexico
						
	Axxess Technologies, Inc.	  	AXXESS+	  	2/25/1999	  	Registered	  	601778	  	Mexico
						
	The Hillman Group, Inc.	  	AXXESS+	  	5/17/1999	  	Registered	  	301600	  	New Zealand
						
	The Hillman Group, Inc.	  	AXXESS+	  	5/17/1999	  	Registered	  	301599	  	New Zealand
						
	The Hillman Group, Inc.	  	AXXESS+	  	3/2/1993	  	Registered	  	1754854	  	U.S.
						
	The Hillman Group, Inc.	  	AXXESS+	  	11/9/1999	  	Registered	  	2291087	  	U.S.
						
	The Hillman Group, Inc.	  	AXXESS+ and Design	  	11/30/1999	  	Registered	  	2295652	  	U.S.
		  	
 

	  		  		  		  	
						
	The Hillman Group, Inc.	  	AXXESS+ and Design	  	11/16/1999	  	Registered	  	2292512	  	U.S.
		  	
 

	  		  		  		  	
						
	The Hillman Group, Inc.	  	BOLTMASTER	  	3/10/2009	  	Registered	  	3587016	  	U.S.
						
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	CK and Design	  	2/28/1989	  	Registered	  	1526510	  	U.S.
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	COLE	  	1/7/2004	  	Registered	  	TMA598677	  	Canada
						
	Axxess Technologies, Inc.	  	COLE	  	2/25/1999	  	Registered	  	601777	  	Mexico
						
	The Hillman Group, Inc.	  	COLE	  	12/26/1989	  	Registered	  	1572868	  	U.S.
						
	The Hillman Group, Inc.	  	COLE	  	5/19/1984	  	Registered	  	1279617	  	U.S.
						
	The Hillman Group, Inc.	  	COLOR-PLUS	  	5/18/2000	  	Registered	  	TMA527997	  	Canada
						
	Axxess Technologies, Inc.	  	COLOR-PLUS	  	3/29/2000	  	Registered	  	648263	  	Mexico
						
	The Hillman Group, Inc.	  	COLOR-PLUS	  	8/25/1981	  	Registered	  	1166110	  	U.S.
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	3/9/1988	  	Registered	  	R448162	  	Benelux
						
	Axxess Technologies, Inc.	  	CREDITCARD KEYS	  	2/25/1999	  	Registered	  	601779	  	Mexico
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	11/5/1991	  	Registered	  	1243501 M5	  	Span
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	8/14/1992	  	Registered	  	238812	  	Sweden
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	5/3/1988	  	Registered	  	1486689	  	U.S.

											
						
	The Hillman Group, Inc.	  	CREDITCARD KEYS	  	3/23/1988	  	Registered	  	B1339382	  	United Kingdom
						
	The Hillman Group, Inc.	  	DUAL-TORQ	  	7/10/2001	  	Registered	  	2468273	  	U.S.
						
	The Hillman Group, Inc.	  	F.I.D.O.	  	(8/24/2009)	  	Pending	  	(77/811021)	  	U.S.
						
	The Hillman Group, Inc.	  	F.I.D.O. and Design	  	(8/24/2009)	  	Pending	  	(77/811058)	  	U.S.
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	FANATIX	  	11/14/2005	  	Registered	  	TMA652639	  	Canada
						
	The Hillman Group, Inc.	  	FANATIX	  	2/27/2004	  	Registered	  	823553	  	Mexico
						
	The Hillman Group, Inc.	  	FANATIX	  	2/1/2005	  	Registered	  	2923922	  	U.S.
						
	The Hillman Group, Inc.	  	HANG RIGHT STUD FINDER PLUS	  	3/10/2009	  	Registered	  	3587062	  	U.S.
						
	The Hillman Group, Inc.	  	HARDWARE ESSENTIALS	  	4/21/2009	  	Registered	  	3609227	  	U.S.
						
	The Hillman Group, Inc.	  	HILLMAN and Design	  	1/2/2001	  	Registered	  	2418296	  	U.S.
		  	
 

	  		  		  		  	
						
	The Hillman Group, Inc.	  	HILLMAN and Design	  	7/25/1995	  	Registered	  	1907047	  	U.S.
		  	
 

	  		  		  		  	
						
	The Hillman Group, Inc.	  	HILLMAN DISTINCTIONS	  	12/18/2007	  	Registered	  	3357177	  	U.S.
						
	The Hillman Group, Inc.	  	HUNG BY DESIGN	  	1/17/2006	  	Registered	  	3046058	  	U.S.
						
	The Hillman Group, Inc.	  	KEYS MADE TO WORK	  	11/9/1999	  	Registered	  	2291086	  	U.S.
						
	The Hillman Group, Inc.	  	KEYS MADE TO WORK	  	11/9/1999	  	Registered	  	2291088	  	U.S.
						
	The Hillman Group, Inc.	  	LEDGERTITE	  	(12/2/2009)	  	Pending	  	(77/884834)	  	U.S.
						
	The Hillman Group, Inc.	  	MINIMETALCENTER	  	1/30/2001	  	Registered	  	2425611	  	U.S.
						
	The Hillman Group, Inc.	  	PC+	  	10/13/1999	  	Registered	  	TMA517815	  	Canada
						
	The Hillman Group, Inc.	  	PC+	  	4/7/2000	  	Registered	  	933739	  	Community Trademark
						
	The Hillman Group, Inc.	  	PC+	  	11/19/1999	  	Registered	  	4337181	  	Japan
						
	Axxess Technologies, Inc.	  	PC+	  	11/30/1998	  	Registered	  	595238	  	Mexico
						
	The Hillman Group, Inc.	  	PC+	  	5/10/2001	  	Registered	  	298429	  	New Zealand
						
	The Hillman Group, Inc.	  	PC+ & Design	  	9/21/1999	  	Registered	  	2278994	  	U.S.

											
						
	The Hillman Group, Inc.	  	PHILSTONE and Design	  	4/29/1980	  	Registered	  	1133962	  	U.S.
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	PMI and Design	  	10/14/2003	  	Registered	  	2773157	  	U.S.
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	POWER PICK MAGNET	  	(7/16/2009)	  	Pending	  	(77/782908)	  	U.S.
						
	The Hillman Group, Inc.	  	POWER PRO	  	11/27/1990	  	Registered	  	1624427	  	U.S.
						
	Axxess Technologies, Inc.	  	QUICK-SCRIBE	  	8/17/2000	  	Registered	  	668425	  	Mexico
						
	The Hillman Group, Inc.	  	QUICK-SCRIBE	  	3/9/2000	  	Registered	  	315917	  	New Zealand
						
	The Hillman Group, Inc.	  	QUICK-SCRIBE	  	2/1/2001	  	Registered	  	927470	  	Taiwan
						
	The Hillman Group, Inc.	  	QUICK-SCRIBE	  	10/24/2000	  	Registered	  	2397105	  	U.S.
						
	The Hillman Group, Inc.	  	RUBBERHEAD	  	7/8/2003	  	Registered	  	2734483	  	U.S.
						
	The Hillman Group, Inc.	  	SABRE (Stylized)	  	3/14/1961	  	Registered	  	0712471	  	U.S.
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	SABRECLIP	  	7/29/2004	  	Registered	  	844894	  	Mexico
						
	The Hillman Group, Inc.	  	SABRECLIP	  	2/27/2004	  	Registered	  	823552	  	Mexico
						
	The Hillman Group, Inc.	  	SHARON and Design	  	4/2/1991	  	Registered	  	1639505	  	U.S.
						
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	SHEETWORKS	  	7/17/2007	  	Registered	  	3264411	  	U.S.
						
		  	

	  		  		  		  	
						
	The Hillman Group, Inc.	  	STEELWORKS	  	2/12/1991	  	Registered	  	1634639	  	U.S.
						
	The Hillman Group, Inc.	  	T.H.G.	  	6/10/2004	  	Registered	  	TMA612640	  	Canada
						
	The Hillman Group, Inc.	  	T.H.G.	  	10/28/2003	  	Registered	  	811406	  	Mexico
						
	The Hillman Group, Inc.	  	T.H.G.	  	10/28/2003	  	Registered	  	811407	  	Mexico
						
	The Hillman Group, Inc.	  	T.H.G.	  	8/20/2004	  	Registered	  	847994	  	Mexico
						
	The Hillman Group, Inc.	  	T.H.G.	  	7/8/2003	  	Registered	  	2734461	  	U.S.
						
	The Hillman Group, Inc.	  	TAG YOUR WORLD	  	9/14/1999	  	Registered	  	2277567	  	U.S.
						
	The Hillman Group, Inc.	  	THE ANCHOR CENTER	  	10/3/2000	  	Registered	  	2391068	  	U.S.
						
	The Hillman Group, Inc.	  	THE ANCHOR CENTER	  	9/19/2000	  	Registered	  	2387210	  	U.S.

											
						
	The Hillman Group, Inc.	  	THE FASTENER CENTER	  	9/19/2000	  	Registered	  	2387209	  	U.S.
						
	The Hillman Group, Inc.	  	THE KEY CENTER	  	9/19/2000	  	Registered	  	2387211	  	U.S.
						
	The Hillman Group, Inc.	  	THE SLIDER	  	9/19/2000	  	Registered	  	2387208	  	U.S.
						
	The Hillman Group, Inc.	  	THE SPECIALTY CENTER	  	5/14/1991	  	Registered	  	1644704	  	U.S.
						
	The Hillman Group, Inc.	  	Three Dimensional Key Design	  	7/3/1990	  	Registered	  	1604337	  	U.S.
		  	
 

	  		  		  		  	
						
	The Hillman Group, Inc.	  	TIMBERTITE	  	10/15/2002	  	Registered	  	2637064	  	U.S.
						
	The Hillman Group, Inc.	  	VISUAL IMPACT	  	9/7/2004	  	Registered	  	TMA618743	  	Canada
						
	The Hillman Group, Inc.	  	VISUAL IMPACT	  	9/15/1992	  	Registered	  	1717101	  	U.S.
						
	The Hillman Group, Inc.	  	WEATHER MAXX	  	11/13/2007	  	Registered	  	3334284	  	U.S.
						
	The Hillman Group, Inc.	  	WEATHER-TUFF	  	11/20/1990	  	Registered	  	1623263	  	U.S.
						
	The Hillman Group, Inc.	  	WESSEL	  	9/28/1993	  	Registered	  	1794653	  	U.S.
						
	The Hillman Group, Inc.	  	WORKSHOP SERIES and Design	  	2/4/2003	  	Registered	  	2683270	  	U.S.
		  	

	  		  		  		  	

 Intellectual Property Licenses 

 

	 	1.	License Agreement by and between Axxess Technologies, Inc. and Quick-Tag Holdings dated March 4, 1996 as amended on June 4, 1996, August 7,
1996, August 19, 1997, October 1, 1997, January 1, 1999, September 22, 1999 and January 1, 2001. 

  

	 	2.	Agreement by and between Axxess Technologies, Inc. and Leisure Link Group, Ltd. dated July 7, 1999 for sale of equipment and exclusive sublicense and license in
United Kingdom. 

  

	 	3.	Distribution Agreement by and between The Hillman Group, Inc. and Siskiyou Buckle Co. effective September 1, 2002 for distribution of NFL logo keys.

  

	 	4.	Settlement and License Agreement by and between Axxess Technologies, Inc. and Quick-Tag Inc. on the one hand, and Robert Almblad, Donald Almblad, Yvonne Almblad and
Laser Key II L.P., on the other hand, last signed on November 6, 1997. 

  

	 	5.	Licensing Agreement by and between Almblad and Laser Key II on the one hand, and Axxess Technologies, Inc., on the other hand, dated October 29, 1997.

	 	6.	Distribution Agreement by and between The Hillman Group, Inc. and Barnes Distribution, an incorporated unit of Barnes Group, Inc., dated November 2, 1995.

  

	 	7.	Software license by and between Axxess Technologies and Bytware Software dated July 8, 1997. (Subject software: Bytware/Mplus – IS) 

 

	 	8.	Computer Program Licensing Agreement by and between Axxess Technologies and Manhattan Associates dated March 28, 1998. (Subject Software: Standard Pickticket
Management System “PkMS – Pick Module,” Standard Inventory Management System, Standard Freight Management System, Standard Parcel Shipping System, Standard ASN Interface, and Standard Task Management System) 

 

	 	9.	License Agreement by and between Marvel Enterprises, Inc. and The Hillman Group, Inc. dated March 25, 2003. 

 

	 	10.	License Agreement by and between International Speedway Corporation and The Hillman Group, Inc. dated July 2, 2003 

 

	 	11.	Exclusive License Agreement dated September 5, 2001 by and among Laser Key II L.P, Robert Almblad and The Hillman Group, Inc. and addendum dated September 7,
2001 for visual key identification technology. 

  

	 	12.	Exclusive License Agreement by and between The Hillman Group, Inc. and AJAX Cooke Pty Ltd. dated December 31, 2001 and amended January 30, 2002.

  

	 	13.	Software License, Services, Support and Enhancements Agreement by and between Manhattan Associates and The Hillman Group, Inc. dated March 29, 2002 and addendum
dated March 29, 2002 (WMS Software for Carrillon Ave. facility) 

  

	 	14.	AT&T Master Agreement by and between AT&T Corp. and The Hillman Group, Inc. dated July 2, 2003 and the Non-Disclosure Agreement, dated July 2, 2003 by
and among The Hillman Group, Inc. and AT&T Corp. 

  

	 	15.	Master Customer Agreement by and between Activant Solutions, Inc. and The Hillman Group, Inc. dated June 16, 2009 for Electronic Data Interchange Services.

  

	 	16.	Master Software License Agreement by and between Information Builders, Inc. and The Hillman Group, Inc. dated November 15, 2004. 

 

	 	17.	License Agreement by and between Mars, Inc. and The Hillman Group, Inc. dated September 8, 2009. 

 

	 	18.	Software License and Support Agreement by and between Gains Systems, Inc. and The Hillman Group, Inc. dated February 16, 2006. 

 

	 	19.	Software License and Services Agreement by and between Oracle USA, Inc. and The Hillman Group, Inc. dated February 13, 2008. 

	 	20.	Professional Services and Licensing Agreement by and between Tagetik NA and The Hillman Group, Inc. dated May 11, 2009. 

 

	 	21.	License, Services, Maintenance and Support Agreement by and between O4 Corporation, Inc. and The Hillman Group, Inc. dated June 18, 2009. 

Part E 
 None. 

Part F 
 None. 

 Schedule 5.24(c) 

Mortgage Recordings 
 The
list of Mortgages recorded with the appropriate Clerk of Court, County Recorder or other appropriate real estate filing office in the county set forth next to each property set forth below: 

425 Church St. Goodlettsville, Tennessee 37072 (Davidson County) 

 Schedule 5.25 

Ownership of Holdings 

1.    Stockholders Agreement, dated as of the date hereof, by and among OHCP HM Acquisition Corp., Oak Hill Capital Partners III,
L.P., Oak Hill Capital Management Partners III, L.P. and each Management Stockholder listed on Schedule 1 as party thereto. 
  

												
	  	  	% of OHCP
Equity	 	 	% of Total
Equity	 	 	$ Amount of Equity	  	Issued
Shares
	 Oak Hill
	  			 			 			  	
	 OHCP III
	  	96.82	% 	 	92.46	% 	 	$	285,371,669	  	285,371.669
	 OHCMP III
	  	3.18	% 	 	3.04	% 	 	 	9,372,268	  	9,372.268
		  	 	 	 	 	 	 	 	 	  	 
	 Total Oak Hill
	  	100.00	% 	 	95.50	% 	 	$	294,743,937	  	294,743.937
					
	 Co-Investors
	  			 			 			  	
	 Dave Jones
	  	0.00	% 	 	0.32	% 	 	$	1,000,000	  	1,000.000
	 Alan Lacy
	  	0.00	% 	 	0.16	% 	 	 	500,000	  	500.000
		  	 	 	 	 	 	 	 	 	  	 
	 Total Co-Investors
	  	0.00	% 	 	0.49	% 	 	$	1,500,000	  	1,500.000
					
	 Management Rollover
	  			 			 			  	
	 Max W. Hillman, Jr.
	  	0.00	% 	 	0.65	% 	 	$	2,000,000	  	2,000.000
	 Richard Hillman
	  	0.00	% 	 	0.52	% 	 	 	1,600,000	  	1,600.000
	 Gary Seeds
	  	0.00	% 	 	0.45	% 	 	 	1,400,000	  	1,400.000
	 Terry Rowe
	  	0.00	% 	 	0.42	% 	 	 	1,300,000	  	1,300.000
	 James P. Waters
	  	0.00	% 	 	0.42	% 	 	 	1,300,000	  	1,300.000
	 George Heredia
	  	0.00	% 	 	0.49	% 	 	 	1,500,000	  	1,500.000
	 Richard Buller
	  	0.00	% 	 	0.32	% 	 	 	1,000,000	  	1,000.000
	 John Marshall
	  	0.00	% 	 	0.32	% 	 	 	1,000,000	  	1,000.000
	 Albert (Chip) Church
	  	0.00	% 	 	0.11	% 	 	 	350,000	  	350.000
	 Ali Fartaj
	  	0.00	% 	 	0.05	% 	 	 	150,000	  	150.000
	 John Helms
	  	0.00	% 	 	0.06	% 	 	 	175,000	  	175.000
	 Dan Smercina
	  	0.00	% 	 	0.12	% 	 	 	380,000	  	380.000
	 Andrea Borg
	  	0.00	% 	 	0.08	% 	 	 	242,286	  	242.286
	 Total Management Rollover
	  	0.00	% 	 	4.02	% 	 	$	12,397,286	  	12,397.286
		  	 	 	 	 	 	 	 	 	  	 
	 Total
	  	100.00	% 	 	100.00	% 	 	$	308,641,223	  	308,641.223
		  	 	 	 	 	 	 	 	 	  	 

  

Note: 10% of the total number of shares of Common Stock outstanding at closing is reserved for the 2010 Stock Option Plan. 

 Schedule 7.09 

Transaction with Affiliates 
  

	 	1.	Letter Agreement, by and between The Hillman Group, Inc. and Max W. Hillman, Jr., effective as of the Closing Date. 

 

	 	2.	Letter Agreement, by and between The Hillman Group, Inc. and Richard P. Hillman, effective as of the Closing Date. 

 

	 	3.	Amended and Restated Employment Agreement, dated as of December 22, 2008 and effective March 31, 2008, by and between The Hillman Group, Inc. and Max W.
Hillman, Jr. 

  

	 	4.	Amended and Restated Employment Agreement, dated as of December 22, 2008 and effective March 31, 2008, by and between The Hillman Group, Inc. and Richard P.
Hillman. 

  

	 	5.	Expense Reimbursement Agreement, dated May 28, 2010, by and between The Hillman Companies, Inc. and Oak Hill Capital Management, LLC. 

 EXHIBIT A-1 

Form of Notice of Borrowing 

[Date] 
 Barclays Bank PLC,

 as Administrative Agent 
 745 Seventh
Avenue 
 New York, NY 10019 
 Attn:

 Ladies and Gentlemen: 

Reference is made to the Credit Agreement dated as of May 28, 2010 (as amended, restated, modified or supplemented, from time to
time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the banks and other lending institutions from time to time
party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc.
and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. Capitalized terms defined in the Credit Agreement and not otherwise defined herein have, as used herein, the respective
meanings provided for therein. 
 This notice constitutes a Notice of Borrowing pursuant to Section 2.02(a) of the
Credit Agreement. 
 (1) The date of the Borrowing will be
                    ,
                    . 

(2) The aggregate principal amount of the Borrowing will be $        . 

(3) The Borrowing will consist of [Revolving] [Term [B]] Loans. 

(4) The Borrowing will consist of [Base Rate] [Eurodollar] Loans. 

(5) [The initial Interest Period for the Loans comprising such Borrowing will be
            .] 

 The wire instructions and other account information with respect to the Borrower’s
account into which proceeds of the Borrowing should be disbursed are as follows: 
 [BORROWER WIRE INSTRUCTIONS] 

The Borrowing requested herein complies with Section 2.01 of the Credit Agreement. 

 

			
	[OHCP HM MERGER SUB CORP.
		
	By:	 	  

		 	Name:
		 	Title:]
	
	[THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:]

 EXHIBIT A-2 

Form of Notice of Extension/Conversion 

[Date] 
 Barclays Bank PLC,

 as Administrative Agent 
 745 Seventh
Avenue 
 New York, NY 10019 
 Attn:

 Ladies and Gentlemen: 

This notice shall constitute a “Notice of Extension/Conversion” pursuant to Section 2.07(a) of the Credit Agreement
dated as of May 28, 2010 (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment
Company, The Hillman Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as
Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. Capitalized terms defined in
the Credit Agreement and not otherwise defined herein have, as used herein, the respective meanings provided for therein. 
 (1)
The Loans (or portion thereof) to which this notice applies is [all or a portion of all Base Rate Loans currently outstanding] [all or a portion of all Eurodollar Loans currently outstanding having an Interest Period of months and ending on the
Election Date specified below]. 
 (2) The date on which the conversion/continuation selected hereby is to be effective is
            ,         (the “Election Date”). 

(3) The principal amount of the Loans (or portion thereof) to which this notice applies is
$        . 
 (4) [The Loans (or portion thereof) which are to be converted will
[bear interest based upon the [Base Rate] [Eurodollar Rate].] 
 (5) [The Interest Period for such Loans will be
                    .] 
  

			
	[THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:]

  

			
	[THE HILLMAN COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:]

 EXHIBIT A-3 

Form of Letter of Credit Request 

[Date] 
 Barclays Bank PLC,

 as Administrative Agent 
 745 Seventh
Avenue 
 New York, NY 10019 
 Attn:

 Ladies and Gentlemen: 

This notice shall constitute a “Letter of Credit Request” pursuant to Section 2.05(c) of the Credit Agreement dated
as of May 28, 2010 (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company,
The Hillman Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead
Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. Capitalized terms defined in the
Credit Agreement and not otherwise defined herein have, as used herein, the respective meanings provided for therein. 
 [The
undersigned hereby requests that the Issuing Lender issue a Letter of Credit on [                    ] in the aggregate amount of
$[        ]. 
 The beneficiary of the requested Letter of Credit will be [INSERT
NAME AND ADDRESS OF BENEFICIARY] and such Letter of Credit will be in support of [                    ] and will have a stated termination
date of [                    ]. 

Copies of all documentation with respect to the supported transaction are attached
hereto.]1 

[The Letter of Credit to be amended is
[                    ]. 

The proposed date of amendment is
[                    ] and the nature of the proposed amendment is to
[                    
].]2 

 

			
	THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:

  

	1
	 Insert in the case of a request for an initial issuance of a Letter of Credit. 

	2
	 Insert in the case of a request for an amendment of any outstanding Letter of Credit. 

 EXHIBIT A-4 

Form of Swingline Loan Request 

[Date] 
 Barclays Bank PLC,

 as Administrative Agent 
 745 Seventh
Avenue 
 New York, NY 10019 
 Attn:

 Ladies and Gentlemen: 

Reference is made to the Credit Agreement dated as of May 28, 2010 (as amended, restated, modified or supplemented from time to
time, the “Credit Agreement”), among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the banks and other lending institutions from time to time
party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc.
and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. Capitalized terms defined in the Credit Agreement and not otherwise defined herein have, as used herein, the respective
meanings provided for therein. 
 The undersigned hereby requests a Swingline Loan: 

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

 The wire instructions and other account information with respect to the Borrower’s
account into which proceeds of the Borrowing should be disbursed are as follows: 
 [BORROWER WIRE INSTRUCTIONS] 

The Swingline Loan requested herein complies with the requirements of Section 2.01(c) of the Credit Agreement. 

 

			
	THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT B-1 

Form of Revolving Note 
  

			
	Lender:	  	 
	Principal Sum: $	  	[Dated after the Closing Date]

For value received, The Hillman Group, Inc., a Delaware corporation (the “Borrower”), hereby promises to pay to the
order of the Lender set forth above (the “Lender”) for the account of its Applicable Lending Office, at the office of Barclays Bank PLC (the “Administrative Agent”) as set forth in the Credit Agreement dated as of
May 28, 2010 (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The
Hillman Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead
Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent, the Principal Sum set forth above
(or such lesser amount as shall equal the aggregate unpaid principal amount of all Revolving Loans made by the Lender to the Borrower under the Credit Agreement), in lawful money of the United States of America and in immediately available funds, on
the dates and in the principal amounts provided in the Credit Agreement, and to pay interest on the unpaid principal amount of each such Revolving Loan, at such office, in like money and funds, for the period commencing on the date of such Revolving
Loan until such Revolving Loan shall be paid in full, at the rates per annum and on the dates provided in the Credit Agreement. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, payable on demand, from the
due date thereof until the date of actual payment (and before as well as after judgment) computed at the rates per annum set forth in the Credit Agreement. 

This note is one of the Revolving Notes referred to in the Credit Agreement and evidences Revolving Loans made by the Lender thereunder.
Capitalized terms used in this Revolving Note and not otherwise defined shall have the respective meanings assigned to them in the Credit Agreement and the terms and conditions of the Credit Agreement are expressly incorporated herein and made a
part hereof. 
 The Credit Agreement provides for the acceleration of the maturity of the Revolving Loans evidenced by this
Revolving Note upon the occurrence of certain events (and for payment of collection costs in connection therewith) and for prepayments of Revolving Loans upon the terms and conditions specified therein. In the event this Revolving Note is not paid
when due at any stated or accelerated maturity, the Borrower agrees to pay, in addition to the principal and interest, all costs of collection, including reasonable attorney fees. 

The date, amount, Type and duration of Interest Period (if applicable) of each Revolving Loan made by the Lender to the Borrower, and
each payment made on account of the principal thereof, shall be recorded by the Lender on its books and, if the Lender so elects in connection with any transfer or enforcement hereof, appropriate notations to evidence the foregoing information with
respect to each Revolving Loan then outstanding shall be endorsed 

 
by the Lender on the schedule attached to and made a part hereof; provided that the failure of the Lender to make any such recordation or endorsement shall not affect the obligations of
the Borrower to make a payment when due of any amount owing under the Credit Agreement or under this Revolving Note in respect of the Revolving Loans to be evidenced by this Revolving Note, and each such recordation or endorsement shall be prima
facie evidence of such information. 
 The Borrower, for itself, its successors and assigns, hereby waives diligence,
presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Revolving Note. 
 This
Revolving Note and the Revolving Loans evidenced hereby may be transferred in whole or in part only by registration of such transfer on the Register maintained for such purpose by or on behalf of the Borrower as provided in Section 10.06
of the Credit Agreement. 
 THIS REVOLVING NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF
NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. 

IN WITNESS WHEREOF, the Borrower has caused this Revolving Note to be executed as of the date first above written. 

 

			
	[OHCP HM MERGER SUB CORP.
		
	By:	 	  

		 	Name:
		 	Title:]
	
	[THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:]

 LOANS AND PAYMENTS OF PRINCIPAL 

 

											
	Date	 	 Amount of

 Loan
	 	Type	  	Interest
Period (If Applicable)	  	Amount of Principal Repaid	  	
Notation

Made By

	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	     

	 	 	  	 	  	 	  	 
	 	 	
    
	 	 	  	 	  	 	  	 

 EXHIBIT B-2 

Form of Term Note 

			
	Lender:	  	  
	Principal Sum: $	  	[Dated on or before the Closing Date]

For value received, OHCP HM Merger Sub. Corp., a Delaware corporation (the “Borrower”), hereby promises to pay to the
order of the Lender set forth above (the “Lender”), for the account of its Applicable Lending Office, and its registered assigns, at the office of Barclays Capital PLC (the “Administrative Agent”) as set forth in
the Credit Agreement dated as of May 28, 2010 among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the banks and other lending institutions from time to
time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding,
Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent, (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”), the
Principal Sum set forth above (or such lesser amount as shall equal the aggregate unpaid principal amount of the Term Loan made by the Lender to the Borrower under the Credit Agreement), in lawful money of the United States of America and in
immediately available funds, on the dates and in the principal amounts provided in the Credit Agreement, and to pay interest on the unpaid principal amount of such Term Loan, at such office, in like money and funds, for the period commencing on the
date of such Term Loan until such Term Loan shall be paid in full, at the rates per annum and on the dates provided in the Credit Agreement. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, payable on
demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the rates per annum set forth in the Credit Agreement. 

This note is one of the Term Notes referred to in the Credit Agreement and evidences the Term Loan made by the Lender thereunder.
Capitalized terms used in this Term Note and not otherwise defined shall have the respective meanings assigned to them in the Credit Agreement and the terms and conditions of the Credit Agreement are expressly incorporated herein and made a part
hereof. 
 The Credit Agreement provides for the acceleration of the maturity of the Term Loan evidenced by this Term Note upon
the occurrence of certain events (and for payment of collection costs in connection therewith) and for prepayments of such Term Loan upon the terms and conditions specified therein. In the event this Term Note is not paid when due at any stated or
accelerated maturity, the Borrower agrees to pay, in addition to the principal and interest, all costs of collection, including reasonable attorney fees. 

The date, amount, Type and duration of Interest Period (if applicable) of the Term Loan made by the Lender to the Borrower, and each
payment made on account of the principal thereof, shall be recorded by the Lender on its books; provided that the failure of the Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower to make a
payment when due of any amount owing under the Credit Agreement or under this Term Note in respect of the Term Loan to be evidenced by this Term Note, and each such recordation or endorsement shall be prima facie evidence of such information.

 The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment,
protest and demand and notice of protest, demand, dishonor and non-payment of this Term Note. 
 This Term Note and the Term
Loan evidenced hereby may be transferred in whole or in part only by registration of such transfer on the Register maintained for such purpose by or on behalf of the Borrower as provided in Section 10.06 of the Credit Agreement.

 THIS TERM NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO
PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. 

IN WITNESS WHEREOF, the Borrower has caused this Term Note to be executed as of the date first above written. 

 

			
	OHCP HM MERGER SUB CORP.
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT B-3 

Form of Swingline Note 
  

			
	 $[SWINGLINE COMMITTED AMOUNT]
	  	 
		  	[Dated after the Closing Date]

For value received, The Hillman Group, Inc., a Delaware corporation (the “Borrower”), hereby promises to pay to the
order of Barclays Bank PLC (the “Swingline Lender”) and its registered assigns, at the office of Barclays Bank PLC (the “Administrative Agent”) as set forth in the Credit Agreement dated as of May 28, 2010
among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, the Borrower, the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent,
Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint
Bookrunners and General Electric Capital Corporation, as Documentation Agent (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”), the principal amount of [SWINGLINE COMMITTED AMOUNT] DOLLARS
($        ) (or such lesser amount as shall equal the aggregate unpaid principal amount of the Swingline Loans made by the Swingline Lender to the Borrower under the Credit Agreement), in lawful
money of the United States of America and in immediately available funds, on the dates and in the principal amounts provided in the Credit Agreement, and to pay interest on the unpaid principal amount of each such Swingline Loan, at such office, in
like money and funds, for the period commencing on the date of such Swingline Loan until such Swingline Loan shall be paid in full, at the rates per annum and on the dates provided in the Credit Agreement. If any amount is not paid in full when due
hereunder, such unpaid amount shall bear interest, payable on demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the rates per annum set forth in the Credit Agreement. 

This note is the Swingline Note referred to in the Credit Agreement and evidences the Swingline Loans made by the Swingline Lender
thereunder. Capitalized terms used in this Swingline Note and not otherwise defined shall have the respective meanings assigned to them in the Credit Agreement and the terms and conditions of the Credit Agreement are expressly incorporated herein
and made a part hereof. 
 The Credit Agreement provides for the acceleration of the maturity of the Swingline Loans evidenced
by this Swingline Note upon the occurrence of certain events (and for payment of collection costs in connection therewith) and for prepayments of such Swingline Loans upon the terms and conditions specified therein. In the event this Swingline Note
is not paid when due at any stated or accelerated maturity, the Borrower agrees to pay, in addition to the principal and interest, all costs of collection, including reasonable attorney fees. 

The date and amount of the Swingline Loans made by the Swingline Lender to the Borrower, and each payment made on account of the
principal thereof, shall be recorded by the Swingline Lender on its books and, if the Swingline Lender so elects in connection with any transfer or enforcement hereof, appropriate notations to evidence the foregoing information with

 
respect to each Swingline Loan then outstanding shall be evidenced by the Swingline Lender on the schedule attached to and made a part hereof; provided that the failure of the Swingline
Lender to make any such recordation or endorsement shall not affect the obligations of the Borrower to make a payment when due of any amount owing under the Credit Agreement or under this Swingline Note in respect of the Swingline Loans to be
evidenced by this Swingline Note, and each such recordation or endorsement shall be prima facie evidence of such information. 

The Borrower, for itself, its successors and assigns, hereby waives diligence, presentment, protest and demand and notice of protest,
demand, dishonor and non-payment of this Swingline Note. 
 This Swingline Note and the Swingline Loans evidenced hereby may be
transferred in whole or in part only by registration of such transfer on the Register maintained for such purpose by or on behalf of the Borrower as provided in Section 10.06 of the Credit Agreement. 

THIS SWINGLINE NOTE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO
PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. 

IN WITNESS WHEREOF, the Borrower has caused this Swingline Note to be duly executed as of the date first above written. 

 

			
	THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 LOANS AND PAYMENTS OF PRINCIPAL 

 

							
	Date	 	Amount of Loan	 	 Amount of Principal

Repaid
	 	Notation Made By
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  
	  	 	  	 	  	 	  

 

 EXHIBIT C-1 

Form Of 

Assignment And Assumption 

This Assignment and Assumption Agreement (the “Assignment and Assumption”) is dated as of the Effective Date set forth
below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings
given to them in the Credit Agreement identified below (as amended, restated, modified or supplemented from time to time, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms
and Conditions set forth in Annex 1 attached hereto (the “Standard Terms and Conditions”) are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in
full. 
 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby
irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i), the interest
in and to all of the Assignor’s rights and obligations under the Credit Agreement and any other documents or instruments delivered pursuant thereto (including all or a portion of its Loans, its Notes, its commitments and any Participation
interest in Letters of Credit and Swingline Loans held by it and identified below) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as
a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or
related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the
rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as
expressly provided in this Assignment and Assumption and the Credit Agreement, without representation or warranty by the Assignor. 
  

					
	 1.
	 	Assignor:	 	__________
			
	 2.
	 	Assignee:	 	                     [and is an Affiliate/Approved Fund/Sponsor
Affiliated Lender3]
			
	 3.
	 	Borrower:	 	[The Hillman Companies, Inc.] [The Hillman Group, Inc.]
			
	 4.
	 	Administrative Agent:	 	Barclays Bank PLC, as the administrative agent under the Credit Agreement
			
	 5.
	 	Credit Agreement:	 	The $320,000,000 Credit Agreement dated as of May 28, 2010 among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc.,
Hillman

  

	3
	 Select as applicable 

					
		 		 	Investment Company, The Hillman Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and
Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General
Electric Capital Corporation, as Documentation Agent.
	 6.
	 	Assigned Interest:	 	

  

							
	Facility
Assigned1	  	
Aggregate Amount of

Commitment/Loans

for all Lenders
	  	
Amount of

Commitment/Loans

Assigned
	  	
Percentage Assigned

of

Commitment/Loans2

	___________	  	$             	  	$             	  	            %
	___________	  	$         
    	  	$         
    	  	      
      %
	___________	  	$             
	  	$             
	  	           
 %

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

The Assignee agrees to deliver to the Administrative Agent a completed 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 the Credit 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. 
  

 

	1
	 Fill in the appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment (e.g.
“Revolving Loan Commitment”, “Term Loan Commitment”, etc.) 

	2
	 Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	7.	Notice and Wire Instructions: 

  

									
	    [NAME OF ASSIGNOR]	  		  	[NAME OF ASSIGNEE]
					
	     Notices:
	 		  		  	Notices:	 	
					
		 	 	  		  		 	 
					
		 	 	  		  		 	 
					
		 	 	  		  		 	 
		 	Attention:	  		  		 	Attention:
		 	Telecopier:	  		  		 	Telecopier:
			
	    with a copy to:	  		  	with a copy to:
					
		 	 	  		  		 	 
					
		 	 	  		  		 	 
					
		 	 	  		  		 	 
		 	Attention:	  		  		 	Attention:
		 	Telecopier:	  		  		 	Telecopier:
			
	    Wire Instructions:	  		  	Wire Instructions:

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

			
	ASSIGNOR
	[NAME OF ASSIGNOR]
		
	By:	 	  

		 	Title:
	
	ASSIGNEE
	[NAME OF ASSIGNEE]
		
	By:	 	  

		 	Title:

 [Consented to
and]1 Accepted: 

 

			
	 BARCLAYS BANK PLC, as

    Administrative Agent

		
	By:	 	  

		 	Title:

 

	1
	 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. 

			
	
	[Consented
to:]2
	
	[THE HILLMAN GROUP, INC.] [THE HILLMAN COMPANIES, INC.]

			
		
	By:	 	  

		 	Title:]
	
	[Accepted:]3

	
	 BARCLAYS BANK PLC,

as Issuing Bank

		
	By:	 	  

		 	Title:

  

	2
	 To be added only if the consent of the Borrower is required by the terms of the Credit Agreement. 

	3
	 To be added only if acceptance by the Issuing Bank is required by the terms of the Credit Agreement. 

 ANNEX 1 

STANDARD TERMS AND CONDITIONS FOR ASSIGNMENT 

AND ASSUMPTION AGREEMENT 
  

	1.	Representations and Warranties. 

  

	 	1.1	Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned
Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions
contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Finance Document, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Finance Documents, or any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of
any Finance Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Finance Document. 

 

	 	1.2	 Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action necessary, to
execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements specified in the Credit Agreement that are required
to be satisfied by it in order to acquire the Assigned Interest and become a Lender and upon becoming a Lender as of the Effective Date, it is not a Defaulting Lender, (iii) from and after the Effective Date, it shall be bound by the provisions
of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received and/or had the opportunity to review a copy of the Credit Agreement to the
extent it has in its sole discretion deemed necessary, together with copies of the most recent financial statements delivered pursuant to Section 6.01 thereof, as applicable, and such other documents and information as it has in its sole
discretion deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without
reliance on the Administrative Agent or any other Lender, and (v) if it is a Non-U.S. Lender, attached to the Assignment and Assumption is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly
completed and executed by the Assignee; (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other Lender, and

	 	 
based on such documents and information as it shall deem appropriate at that time, continue to make its own credit decisions in taking or not taking action under the Finance Documents, and
(ii) it will perform in accordance with their terms all of the obligations which by the terms of the Finance Documents are required to be performed by it as a Lender; and (c) appoints and authorizes (i) the Administrative Agent and
(ii) the Collateral Agent to take such action as agent in their respective capacities on its behalf and to exercise such powers and discretion under the Credit Agreement, the other Finance Documents and any other instrument or document
furnished pursuant hereto or thereto as are delegated to the Administrative Agent and the Collateral Agent, as applicable, by the terms thereof, together with such powers as are incidental thereto. 

 

	2.	From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees
and other amounts) to the Assignor for amounts that have accrued to but excluding the Effective Date and to the Assignee for amounts that have accrued from and after the Effective Date. 

 

	[3.	Other Agreements of Sponsor Affiliated Lenders. The Assignee hereby acknowledges that it shall have no right whatsoever so long as it is a Sponsor Affiliated
Lender (A) to consent to any amendment, modification, waiver, consent or other such action with respect to any of the terms of the Credit Agreement or any other Finance Document (other than any amendment, modification, waiver, consent or other
action that would (x) result in (aa) an extension of the final maturity of any Loan of such Assignee or (bb) an increase in the Commitment of such Assignee from the amount thereof then in effect (it being understood and agreed that a
waiver of any Default or Event of Default shall not constitute an increase in the Commitment of such Assignee) or (y) require the consent of each Lender directly adversely affected thereby as set forth in Section 10.03(i) of the Credit
Agreement (other than with respect to any amendment, modification, waiver, consent or other action covered by clause (x) above) solely to the extent that any such amendment, modification, waiver, consent or other action would have a
disproportionately adverse effect on such Assignee), (B) to require any Agent or other Lender to undertake any action (or refrain from taking any action) with respect to the Credit Agreement or any other Finance Document (other than matters
requiring the vote of all Lenders or all directly adversely affected Lenders), (C) otherwise vote on any matter related to the Credit Agreement or any other Finance Document, (D) to attend (or receive any notice of) any meeting, conference
call or correspondence with any Agent or Lender or receive any information from any Agent or Lender, (E) to have access to the Platform (including that portion of the Platform that has been designated for “private-side” Lenders) or
(F) to make or bring any claim in its capacity as a Lender against the Agent or any Lender with respect to the duties and obligations of such Persons under the Finance Documents (provided that no amendment, modification or waiver of the Credit
Agreement or any other Finance Document shall deprive any Sponsor Affiliated Lender of its share of any payments which the Lenders are entitled to share on a pro rata basis hereunder).] 

	[3][4.]	General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and their respective successors and
assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and Assumption by telecopy shall be
effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by and construed in accordance with the law of the State of New York without regard to principles of
conflicts of laws that would result in the application of any law other than the law of the State of New York. 

[Remainder of page intentionally left blank] 

 EXHIBIT C-2 

Form of Borrower Assumption Agreement 

To come. 

 EXHIBIT D-1 

Form of Opinion of Counsel for the Borrower and the Other Credit Parties 

 EXHIBIT D-2 

Form of Opinion of Special Local Counsel for the Borrower and the Other Credit Parties 

 EXHIBIT D-3 

Form of Opinion of Special Local Counsel for the Borrower 

and the Other Credit Parties (Real Property Collateral) 

 EXHIBIT E 

Form of Perfection Certificate 

 EXHIBIT F 

Form of Mortgage 

 EXHIBIT G 

Form of Intercompany Note 

No.             

INTERCOMPANY NOTE 

[City of Closing] 

[Date] 
 ___________ 

For value received, [PAYOR NAME], [PAYOR DESCRIPTION] (together with its successors and permitted assigns, the “Payor”),
hereby promises to pay on demand to the order of [PAYEE NAME], [PAYEE DESCRIPTION] (together with its successors and permitted assigns, the “Payee”), the unpaid principal amount of all loans and advances made by the Payee to the
Payor. The Payor promises to pay interest on the unpaid principal amount hereof from the date hereof until paid at such rate per annum as shall be agreed upon from time to time by the Payor and the Payee. All such payments of principal and interest
shall be made without offset, counterclaim or deduction of any kind in lawful money of the United States of America in immediately available funds at such location in the United States of America as the Payee shall designate from time to time.

 Upon the commencement by or against the Payor of any case or other proceeding seeking liquidation, reorganization or other
relief with respect to the Payor or its debts under any bankruptcy, insolvency or other similar law now or hereafter in effect or seeking the appointment of a trustee, receiver, liquidator, custodian or other similar official of it or any
substantial part of its property, the unpaid principal amount hereof shall become immediately due and payable without presentment, demand, protest or notice of any kind, all of which are hereby waived by the Payor. 

The Payee is hereby authorized (but not required) to record all loans and advances made by it to the Payor (all of which shall be
evidenced by this Intercompany Note), and all repayments or prepayments thereof, in its books and records, such books and records constituting prima facie evidence of the accuracy of the information contained therein. 

This Intercompany Note is one of the Intercompany Notes referred to in the Credit Agreement dated as of May 28, 2010 (as amended,
restated, modified or supplemented, from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the banks
and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents,
Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. This Intercompany Note shall be pledged by the Payee pursuant to the
Pledge Agreement (as defined in the Credit Agreement). Each Payor hereby acknowledges and agrees that the Collateral Agent pursuant to and as defined in the Pledge Agreement may exercise all rights provided therein with respect to this Intercompany
Note. 

 THIS INTERCOMPANY NOTE SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH
THE LAW OF THE STATE OF NEW YORK, WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. 

 

			
	[PAYOR NAME]
		
	 By:
	 	  

		 	 Name:

		 	 Title:

Pay to the order of 
  

			
	[PAYEE NAME]
		
	 By:
	 	  

		 	 Name:

		 	 Title:

 EXHIBIT H 

Form of Intercompany Note Subordination Provisions 

EACH PROMISSORY NOTE EVIDENCING AN INTERCOMPANY LOAN OR ADVANCE INCURRED BY THE BORROWER OR A WHOLLY-OWNED DOMESTIC SUBSIDIARY OF THE BORROWER OWING TO
ANY FOREIGN SUBSIDIARY OF THE BORROWER OR ANY NON-WHOLLY-OWNED SUBSIDIARY OF THE BORROWER SHALL HAVE INCLUDED ON ITS FACE THE FOLLOWING PROVISION AND SHALL HAVE “ANNEX A TO INTERCOMPANY NOTE” ATTACHED THERETO AND MADE A PART THEREOF.

 “This Intercompany Note, and the obligations of the Payor hereunder, shall be subordinate and junior in right of payment to all
Senior Debt (as defined in Section 1 of Annex A hereto) on the terms and conditions set forth in Annex A hereto. Annex A hereto is incorporated herein by reference in its entirety and is a part of this Intercompany Note to the same extent as if
it had been set forth in its entirety in this Intercompany Note.” 

 ANNEX A 

TO 
 INTERCOMPANY
NOTE 
 Section 1.    Definitions.    Capitalized terms defined in the
Credit Agreement (as defined in the promissory note to which this Annex A is attached (the “Intercompany Note”)) and not otherwise defined herein have, as used in this Annex A, the respective meanings provided for therein. The
following additional terms, as used herein, have the following respective meanings: 
 “Senior Debt” means the
Finance Obligations, including any Finance Obligations the proceeds of which are used to refinance other Finance Obligations, in each case whether now owed or hereafter arising, whether fixed or contingent, whether for principal, premium (if any),
interest (including, without limitation, any interest which accrues after the commencement of any case, proceeding or other action relating to the bankruptcy, insolvency or reorganization of any Credit Party), expenses, indemnifications,
reimbursement obligations or otherwise, together with all renewals, extensions, increases or rearrangements thereof. 

“Subordinated Debt” means all principal of and interest on all obligations, liabilities and indebtedness of the Payor
now or hereafter owing to the Payee or any other holder from time to time of the Intercompany Note under the Intercompany Note, whether fixed or contingent and whether for principal, interest (including, without limitation, any interest which
accrues after the commencement of any case, proceeding or other action relating to the bankruptcy, insolvency or reorganization of the Payor, whether or not allowed or allowable as a claim in any such proceeding), fees, expenses, indemnifications,
reimbursement obligations, subrogation or contribution claims or otherwise, together with all renewals, extensions, increases or rearrangements thereof. 

Section 2.    Subordination by the Payee.    Each of the Payee and each other holder
from time to time of the Intercompany Note by its acceptance thereof hereby covenants and agrees that the payment of the Subordinated Debt shall be subordinate and subject in right of payment, to the extent set forth herein, to the prior payment in
full in cash of the Senior Debt. The provisions of this Annex A shall constitute a continuing offer to all Persons who, in reliance upon such provisions, become holders of, or continue to hold, Senior Debt, and such provisions are made for the
benefit of the holders of the Senior Debt. The holders of the Senior Debt are hereby made obligees hereunder with the same force and effect as if their names were written herein as such, and they and/or each of them may proceed to enforce such
provisions. 
 Section 3.    Priority and Payment Over in Certain Events. 

(a)    Priority and Payment Over Upon Insolvency and Dissolution.    In the event of
(x) any insolvency or bankruptcy case or proceeding or any receivership, liquidation, reorganization or similar case or proceeding in connection therewith relative to the Payor or its creditors, as such, or to its assets, or (y) any
liquidation, dissolution or other winding up of the Payor, whether voluntary or involuntary and whether or not involving insolvency or bankruptcy or (z) any assignment for the benefit of creditors or other marshaling of assets and liabilities
of the Payor, then and in any such event: 

 (i)    the holders of the Senior Debt shall be entitled
to receive payment in full in cash of all amounts due or to become due on or in respect of all Senior Debt before the Payee shall be entitled to receive and retain any direct or indirect payment on account of the principal, interest or other amounts
due or to become due on the Subordinated Debt, including, without limitation, by exercise of any right of set off and any payment which might be payable or deliverable by reason of any other indebtedness being subordinated in right of payment to the
Subordinated Debt (other than in the form of securities permitted to be paid in accordance with the first parenthetical in clause (ii) below); 

(ii)    any payment or distribution of any kind or character, whether in cash, property or securities
which may be payable or deliverable in respect of the Subordinated Debt in any such case, proceeding, dissolution, liquidation or other winding up or event, including any such payment or distribution which may be payable or deliverable by reason of
the payment of any other indebtedness of the Payor which is subordinated to the payment of the Subordinated Debt (except for any such payment or distribution (each an “Excepted Payment”) (A) authorized by an unstayed, final,
nonappealable order or decree stating that effect is being given to the subordination of the Subordinated Debt to the Senior Debt and made by a court of competent jurisdiction in a reorganization proceeding under any applicable bankruptcy law and
(B) of securities which, if debt securities, are subordinated to at least the same extent as the Subordinated Debt is to (y) the Senior Debt or (z) any securities issued in exchange for the Senior Debt; provided,
however, that (i) the final maturity date of such securities shall not be earlier than one year following the maturity date of the last to mature of the Senior Debt (including any securities issued in exchange therefor) at the time
outstanding, (ii) such securities shall contain covenants and shall not contain greater defaults than as are contained in such instruments and (iii) such securities shall bear interest at a rate per annum less than or equal to [6]%
per annum), shall be paid by the Payor or by the trustee in bankruptcy, debtor-in-possession, receiver, liquidating trustee, custodian, assignee, agent or other Person making payment or distribution of assets of the Payor directly to the
Administrative Agent (or the Representative, the holders of the Derivative Obligations or all of the Creditors, as applicable) to the extent necessary to pay all Senior Debt in full in cash after giving effect to any concurrent payment or
distribution to or for the benefit of the holders of the Senior Debt. 
 The consolidation of the Payor with, or the merger of
the Payor into, another Person or the liquidation or dissolution of the Payor following the conveyance or transfer of its assets substantially as an entirety to another Person upon terms and conditions permitted under the Credit Agreement shall not
be deemed a dissolution, winding up, liquidation, reorganization, assignment for the benefit of creditors or marshaling of assets and liabilities of the Payor for purposes of this Section 3(a) if the Person formed by such consolidation
or into which the Payor is merged or the Person which acquires by conveyance or transfer such property and assets substantially as an entirety, as the case may be, shall comply with the conditions set forth in the Credit Agreement as a prerequisite
for such consolidation, merger, conveyance or transfer. 
 (b)    Payment on Subordinated Debt
Suspended When Senior Debt is in Default.    In the event and during the continuation of any Default or Event of Default under the Credit Agreement or under any other agreement or instrument evidencing or securing any
Senior 

 
Debt, then unless and until such Default or Event of Default shall have been cured or waived or shall have ceased to exist and any resulting acceleration shall have been rescinded or annulled, or
in the event any judicial proceeding shall be pending with respect to any such Default or Event of Default, then no direct or indirect payment, including any payment which may be payable by reason of the payment of any other indebtedness of the
Borrower which is subordinated to the payment of the Subordinated Debt) (but excluding any Excepted Payment), shall be made by or on behalf of the Payor on account of the principal of or interest on the Subordinated Debt or on account of the
purchase or other acquisition by it of the Subordinated Debt. The provisions of this Section 3(b) shall not apply to any payment with respect to which Section 3(a) would be applicable. 

(c)    Rights and Obligations of the Payees.    If, notwithstanding the foregoing
provisions of this Section 3, any Payee or other holder of the Subordinated Debt shall have received any payment or distribution of assets of the Payor of any kind or character, whether in cash, property or securities, including any such
payment or distribution which may be payable or deliverable by reason of the payment of any other indebtedness of the Payor which is subordinated to the payment of the Subordinated Debt (but excluding any Excepted Payment), before all amounts due or
to become due on or in respect of all Senior Debt have been irrevocably paid in full in cash, then and in such event such payment or distribution shall be received in trust for the Finance Parties and other holders of the Senior Debt and shall be
forthwith paid over or delivered by the Payee or other holder of the Subordinated Debt receiving the same directly to the Administrative Agent (or the Representative, the Derivatives Creditors or all of the Finance Parties, as applicable) or, to the
extent legally required, to the trustee in bankruptcy, debtor-in-possession, receiver, liquidating trustee, custodian, assignee, agent or other Person making such payment or distribution of assets of the Payor, for application to the payment of all
Senior Debt remaining unpaid to the extent necessary to pay all Senior Debt in full after giving effect to any concurrent payment or distribution to or for the benefit of the holders of the Senior Debt. 

Section 4.    Rights of the Finance Parties Not to be Impaired.    No right of the
Administrative Agent or any other Finance Party or any other present or future holder of the Senior Debt to enforce subordination as herein provided shall at any time in any way be prejudiced or impaired by any act or failure to act in good faith by
the Administrative Agent or any other such Finance Party or other holder of the Senior Debt or by any noncompliance by any Payee with the terms and provisions and covenants herein regardless of any knowledge thereof the Administrative Agent or any
other such Finance Party or other holder may have or otherwise be charged with. The Holders of the Senior Debt may, without in any way affecting the obligations of the Payee or any other holder of the Subordinated Debt with respect thereto, at any
time or from time to time in their absolute discretion, change the manner, place or terms or payment of, change or extend the time or payment of or renew or alter any Senior Debt, or amend, supplement or modify any agreement or instrument governing
or evidencing such Senior Debt or any other document referred to therein, or exercise or refrain from exercising any other of their rights under the Senior Debt including, without limitation, the waiver of any Default or Event of Default thereunder
and the release of any collateral securing such Senior Debt, all without notice to or assent from the Payee or any other holder of the Subordinated Debt. The provisions of this Annex A are intended to be for the benefit of the Finance Parties and
each other holder of the Senior Debt and shall be enforceable directly by the Administrative Agent, any Representative or the Derivatives Creditors or other Finance Parties, as applicable, or any other present or future holder or holders of the
Senior Debt. 

 Section 5.    Restriction on Assignment of Subordinated
Debt.    The Payee and each other holder from time to time of the Subordinated Debt by its acceptance thereof agrees not to sell, assign or transfer all or any part of the Subordinated Debt while any Senior Debt remains
unpaid unless such sale, assignment or transfer is made expressly subject to the provisions of this Annex A. The Payee represents that no other subordination of the Subordinated Debt is in existence on the date hereof, and the Payee agrees that the
Subordinated Debt will not be subordinated to any indebtedness other than the Senior Debt. 

Section 6.    Reliance on Subordination.    The Payee and each other holder from time
to time of the Subordinated Debt by its acceptance thereof consents and agrees that all Senior Debt shall be deemed to have been made or incurred at the request of the Payee and all other holders from time to time of the Subordinated Debt and in
reliance upon the subordination of the Subordinated Debt pursuant to this Annex A. 

Section 7.    Actions Against the Payor; Exercise of Remedies.    Neither the Payee
nor any other holder of the Subordinated Debt will (i) commence (unless the Administrative Agent, Representative or Derivatives Creditors or other Finance Parties, as applicable, or other holders of the Senior Debt shall have commenced) any
action or proceeding against the Payor to recover all or any part of the Subordinated Debt or (ii) join with any creditor (unless the Administrative Agent, Representative or Derivatives Creditors or other Finance Parties, as applicable, or
other holders of the Senior Debt shall also join) in bringing any proceeding against the Payor under the United States Bankruptcy Code or any other state, federal or foreign insolvency statute unless and until, in each case, the Senior Debt shall
have been irrevocably paid in full in cash. Neither the Payee nor any other holder of the Subordinated Debt will ask, demand, sue for, take or receive from the Payor, directly or indirectly, in cash, property or securities or by set off or in any
other manner (including, without limitation, from or by way of attachment or seizure of or foreclosure upon any property or assets of the Payor which may now or hereafter constitute collateral for any Subordinated Debt), payment of all or any part
of the Subordinated Debt if an Event of Default shall have occurred and be continuing under the Credit Agreement or under any other agreement or instrument evidencing or securing the Senior Debt unless and until all Senior Debt shall have been
irrevocably paid in full in cash or the benefits of this sentence waived by or on behalf of the Finance Parties or the other holder or holders of the Senior Debt. 

Section 8.    Subrogation.    The Payee or other holder from time to time of the
Subordinated Debt shall be subrogated to the rights of the holders of the Senior Debt to receive payments or distributions of assets of the Payor applicable to the Senior Debt until all amount owing on the Subordinated Debt has been paid in full;
provided that neither the Payee nor any other holder of the Subordinated Debt shall enforce any payment by way of subrogation (whether contractual, under Section 509 of the United States Bankruptcy Code or otherwise) until the Commitments have
been terminated and the principal of and interest on the Notes and all other amounts payable under or with respect to the Senior Debt have been irrevocably paid in full in cash. For the purposes of the rights of subrogation set forth in this
Section 8, no payments or distributions to any Finance Party or other holder or holders of the Senior Debt of any cash, 

 
property or securities to which the Payee or other holder or holders of the Subordinated Debt would be entitled but for the provisions of this Annex A, and no payments over pursuant to the
provisions of this Annex A to any Finance Party or other holder or holders of the Senior Debt by the Payee or other holder or holders of the Subordinated Debt, shall, as among the Payor, its creditors, (other than the Finance Parties and any other
holder or holders of the Senior Debt) and the Payee and other holder or holders of the Subordinated Debt, be deemed to be a payment or distribution by the Payor to or on account of the Senior Debt, it being understood that the provisions of this
Annex A are solely for the purpose of defining the relative rights of the Creditors or any other holder or holders of the Senior Debt and the Payee and any other holder or holders of the Subordinated Debt. 

If any payment or distribution to which the Payee or other holder or holders of the Subordinated Debt would otherwise have been entitled
but for the provisions of this Annex A shall have been applied, pursuant to the provisions of this Annex A, to the payment of all amounts payable under the Senior Debt, then the Payee or other holder or holders of the Subordinated Debt shall be
entitled to receive from the Finance Parties or other holder or holders of the Senior Debt at the time outstanding any payments or distributions received by the Finance Parties or such holder or holders of the Senior Debt in excess of the amount
sufficient to irrevocably pay all amounts under or in respect of the Senior Debt in full in cash. 

Section 9.    Waiver of UCC Provisions.    If any applicable provisions of the
Uniform Commercial Code as in effect in the State of New York or any other relevant jurisdiction (the “UCC”) requires the Administrative Agent, the Collateral Agent or any other Finance Party or holder of the Senior Debt or any
representative thereof to notify the Payee or other holder of the Subordinated Debt that the Administrative Agent, the Collateral Agent or such other Finance Party or holder or representative thereof will foreclose or otherwise realize upon any
collateral or other property provided to secure the Senior Debt, whether pursuant to Article 5 of the UCC or otherwise, the Payee and each other holder from time to time of the Subordinated Debt by its acceptance thereof hereby waives, to the extent
permitted by applicable law, all such required notice(s) and, to the extent such requirement of notice may not be waived under applicable law, agrees that five Business Days’ written notice of any such foreclosure or other realization shall be
commercially reasonable. The Payee and each other holder from time to time of the Subordinated Debt by its acceptance thereof further waives, to the extent permitted by applicable law, any and all rights it may have to require the Administrative
Agent, the Collateral Agent or any other Finance Party or other holder of the Senior Debt or representative thereof to marshal any collateral or other property provided as security for the Senior Debt and any and all other rights and remedies now or
hereafter available to the Payee or such other holder of the Subordinated Debt under Section 9-504 of the UCC. The Payee and each other holder from time to time of the Subordinated Debt by its acceptance thereof agrees that the Administrative
Agent, the Collateral Agent and any other Finance Party or holder of the Senior Debt or representative thereof may sell inventory that constitutes collateral or other security for any Senior Debt pursuant to a repurchase agreement, that such sale
shall not be deemed a transfer subject to Section 9-504(5) of the UCC or any similar provisions of any other applicable law (such provisions, to the extent otherwise applicable to such sale, being hereby waived), and that the repurchase of
inventory by a seller under a repurchase agreement shall be a commercially reasonable method of disposition. 

 Section 10.    Proofs of Claim.    The
Payee and each other holder from time to time of Subordinated Debt may file such proofs of claim and other papers or documents as may be necessary or advisable in order to have the claims of the Payee or such other holder allowed in any judicial
proceedings relative to the Payor, its creditors or its property. If the Payor or any other holder from time to time of Subordinated Debt files any claim, proof of claim or similar instrument in any judicial proceeding referred to above and all
Senior Debt has not been irrevocably paid in full in cash, the Payor or such other holder shall (i) file such claim, proof of claim or similar instrument on behalf of the Creditors and the other holder or holders of the Senior Debt as such
Finance Parties’ or other holder’s or holders’ interests may appear and (ii) take all such other actions as may be appropriate to ensure that all payments and distributions made in respect of any such proceedings are made to the
Administrative Agent, the Representative or the Derivatives Creditors or other Finance Parties, as applicable, and any other holder or holders of the Senior Debt as its or their interests may appear. 

Any term or provision of this Section 10 to the contrary notwithstanding, if any judicial proceeding referred to above is
commenced by or against the Payor, and so long as all Senior Debt has not been irrevocably paid in full in cash: (i) the Administrative Agent, the Representative, the holders of at least 51% of the Derivatives Obligations or the Finance
Parties, as applicable, or any other holder or holders of the Senior Debt or representatives thereof are hereby irrevocably authorized and empowered (in each case, in its own name, as administrative agent or representative on behalf of the Finance
Parties or in the name of the Payee or any other holder or holders from time to time of the Subordinated Debt or otherwise), but shall have no obligation, to (A) demand, sue for, collect and receive every payment or distribution received in
respect of any such proceeding and give acquittance therefor and to file claims and proofs of claims and (B) exercise any voting rights otherwise attributable to the Payee or other holders of the Subordinated Debt in any such proceeding;
(ii) the Payee or such other holder or holders of the Subordinated Debt shall duly and promptly take, for the account of the Finance Parties and any other holders or holders of the Senior Debt, such action as the Administrative Agent, the
Representative, the holders of at least 51% of the Derivatives Obligations or the Finance Parties, as applicable, or other holder or holders of the Senior Debt or representatives thereof may request to collect all amounts payable by the Payor in
respect of the Subordinated Debt and to file the appropriate claims or proofs of claim in respect of the Subordinated Debt; and (iii) the Payee and each other holder of Subordinated Debt shall, at the request of the Administrative Agent, the
Representative, the holders of at least 51% of the Derivatives Obligations or the Finance Parties, as applicable, or other holder or holders of the Senior Debt or representatives thereof duly and promptly consent to or join in or stipulate its
agreement with any action or position which the Finance Parties and each other holder of the Senior Debt may take in any such judicial proceeding referred to above, including, without limitation, such actions and positions as the Creditors may take
with respect to requests for relief from the automatic stay, for authority to use cash collateral or to use, sell or lease other property of the estate, for assumption, assignment or rejection of any executory contract and to obtain credit. The
Payee and each other holder from time to time of Subordinated Debt by its acceptance thereof hereby appoints the Administrative Agent, the Collateral Agent, the Representative, the holders of at least 51% of the Derivatives Obligations or the other
Creditors, as applicable, or other holder or holders of the Senior Debt or representatives thereof as its agent(s) and attorney(s) in fact, all acts of such attorney(s) being hereby ratified and confirmed and such appointment(s), being coupled with
an interest, being irrevocable until the Senior Debt is irrevocably paid in full in cash, to exercise the 

 
rights and file the claims referred to in this Section 10 and to execute and deliver any documentation necessary for the exercise of such rights or to file such claims.
Notwithstanding anything to the contrary contained herein, neither the Payee nor any other holder of Subordinated Debt shall file any claim or take any action which competes or interferes with the rights and interests of the Finance Parties or any
other holders of the Senior Debt under the Credit Agreement and other Finance Documents, the Derivatives Agreements or any other agreement or instrument evidencing or securing the Senior Debt. Until the Senior Debt has been irrevocably paid in full
in cash, neither the Payee nor any other holder of the Subordinated Debt will (in any proceeding of the type described in Section 2(a)) discharge all or any portion of the obligations of the Payor in respect of the Subordinated Debt, whether by
forgiveness, receipt of capital stock, exercise of conversion privileges or otherwise, without the prior written consent of the Administrative Agent, the Representative, the holders of at least 51% of the Derivatives Obligations or the Finance
Parties, as applicable, or the holder or holders of the Senior Debt. 
 Section 11.    Obligation of
the Payor Unconditional.    Nothing contained in this Annex A or in the Intercompany Note is intended to or shall impair, as between the Payor and the holder of the Intercompany Note, the obligation of the Payor, which is
absolute and unconditional, to pay to the holder of the Intercompany Note the principal of and interest on the Intercompany Note as and when the same shall become due and payable in accordance with their terms, or is intended to or shall affect the
relative rights of the holder of the Intercompany Note and creditors of the Payor other than the holders of the Senior Debt, nor shall anything herein or therein, except as expressly provided, prevent the holder of the Intercompany Note from
exercising all remedies otherwise permitted by applicable law, subject to the rights, if any, under this Annex A of the holders of Senior Debt in respect of cash, property, or securities of the Payor received upon the exercise of any such remedy.
Upon any distribution of assets of the Payor referred to in this Annex A, the holder of the Intercompany Note shall be entitled to rely upon any order or decree made by any court of competent jurisdiction in which such dissolution, winding up,
liquidation or reorganization proceedings are pending, or a certificate of the liquidating trustee or agent or other Person making any distribution to the holder of the Intercompany Note, for the purpose of ascertaining the Persons entitled to
participate in such distribution, the holders of the Senior Debt and other indebtedness of the Payor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or to this Annex A.

 Section 12.    Reinstatements in Certain Circumstances.    If, at any
time, all or part of any payment with respect to Senior Debt theretofore made by the Payor or any other Person is rescinded or must otherwise be returned by the holders of Senior Debt for any reason whatsoever (including, without limitation, the
insolvency, bankruptcy or reorganization of Payor or such other Persons), the subordination provisions set forth herein shall continue to be effective or be reinstated, as the case may be, all as though such payment had not been made. 

 EXHIBIT I 

FORM OF CREDIT PARTY ACCESSION AGREEMENT 

CREDIT PARTY ACCESSION AGREEMENT dated as of             ,
     among THE HILLMAN COMPANIES, INC., THE HILLMAN GROUP, INC., the NEW CREDIT PARTY referred to herein and BARCLAYS BANK PLC, as Administrative Agent and Collateral Agent. 

OHCP HM Merger Sub Corp., a Delaware corporation (“Merger Sub”), entered into a Credit Agreement dated as of
May 28, 2010 (as amended, restated, modified or supplemented, from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the
banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication
Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. Capitalized terms defined in the Credit Agreement and not
otherwise defined herein have, as used herein, the respective meanings provided for therein. 
 Certain Lenders and their
affiliates (the “Derivatives Creditors”) may from time to time provide forward rate agreements, options, swaps, caps, floors, other financial derivatives agreements and other combinations or hybrids of any of the foregoing
(collectively, “Derivatives Agreements”). The Lenders, each Issuing Lender, the Swingline Lender, the Administrative Agent, the Syndication Agent, the Collateral Agent (as each such term is defined in the Credit Agreement) and each
Derivatives Creditor and their respective successors and assigns are herein referred to individually as a “Finance Party” and collectively as the “Finance Parties”. 

[New Credit Party Name], [New Credit Party Description] (the “New Credit Party”), was [formed] [acquired] by [the
Borrower] [[Name of Immediate Parent Company], [Description of Immediate Parent Company] and a [Wholly-Owned] Subsidiary of the Borrower], [DESCRIBE FORMATION OR ACQUISITION TRANSACTION, AS APPLICABLE]. 

Section 6.10 of the Credit Agreement requires each Subsidiary (other than Foreign Subsidiaries) formed or acquired by OH
Holdings or the Borrower or any of their respective Subsidiaries after the Closing Date to become a party to the Guaranty as an additional “Guarantor”, to become a party to the Security Agreement as an additional “Credit Party”
and to become a party to the Pledge Agreement as an additional “Credit Party”. The Guaranty, the Security Agreement and the Pledge Agreement specify that such additional Subsidiaries may become “Guarantors” under the Guaranty and
“Credit Parties” under each of the Security Agreement and the Pledge Agreement by execution and delivery of a counterpart of each such Finance Documents. To induce the Lenders to make or maintain extensions of credit to the Borrower under
the Credit Agreement and the other Finance Documents and the Derivatives Creditors to enter into or maintain the Derivatives Agreements, and as consideration for extensions of credit previously made to, and/or Derivatives Agreements previously
entered into with, the Borrower, the New Credit Party has agreed to execute and deliver this Credit Party Accession Agreement (as the same may be amended, supplemented or modified from time to time, this “Agreement”) in order to
evidence its agreement to become a “Guarantor” under the 

 
Guaranty and a “Credit Party” under each of the Security Agreement and the Pledge Agreement. Accordingly, the parties hereto agree as follows: 

I.    GUARANTY.    In accordance with Section 5.11 of the Guaranty, the New
Credit Party hereby (i) agrees that, by execution and delivery of a counterpart signature page to the Guaranty in the form attached hereto as Exhibit A, the New Credit Party shall become a “Guarantor” under the Guaranty with
the same force and effect as if originally named therein as a Guarantor (as defined in the Guaranty), (ii) acknowledges receipt of a copy of and agrees to be obligated and bound as a “Guarantor” by all of the terms and provisions of
the Guaranty, (iii) agrees to guarantee the payment and performance of the Finance Obligations and (iv) acknowledges and agrees that, from and after the date hereof, each reference in the Guaranty to a “Guarantor” or the
“Guarantors” shall be deemed to include the New Credit Party. The New Credit Party hereby waives acceptance by the Administrative Agent and the Finance Parties of the guarantee by the New Credit Party under the Guaranty upon the execution
and delivery by each of the New Credit Party of the counterpart signature referred to herein. 

II.    SECURITY AGREEMENT.    In accordance with Section 7.10 of the Security
Agreement, the New Credit Party hereby (i) agrees that, by execution and delivery of a counterpart signature page to the Security Agreement in the form attached hereto as Exhibit B, the New Credit Party shall become a “Credit
Party” under the Security Agreement with the same force and effect as if originally named therein as a Credit Party (as defined in the Security Agreement), (ii) acknowledges receipt of a copy of and agrees to be obligated and bound as a
“Credit Party” by all of the terms and provisions of the Security Agreement, (iii) grants to the Collateral Agent for the benefit of the Finance Parties a continuing security interest in the Collateral (as defined in the Security
Agreement), in each case to secure the full and punctual payment of the Secured Obligations (as defined in the Security Agreement) in accordance with the terms thereof and to secure the performance of all of the obligations of each Credit Party
under the Credit Agreement and the other Finance Documents, (iv) represents and warrants that each of Schedules 3.02, 3.06, 3.07 and 4.01 to the Security Agreement, as amended, supplemented and modified as set forth
on Schedules 3.02, 3.06, 3.07 and 4.01 hereto, is complete and accurate with respect to the New Credit Party as of the date hereof after giving effect to the New Credit Party’s accession to the Security Agreement as
an additional Credit Party thereunder and (v) acknowledges and agrees that, from and after the date hereof, each reference in the Security Agreement to a “Credit Party” or the “Credit Parties” shall be deemed to include the
New Credit Party. 
 III.    PLEDGE AGREEMENT.    In accordance with
Section 8.10 of the Pledge Agreement, the New Credit Party hereby (i) agrees that, by execution and delivery of a counterpart signature page to the Pledge Agreement in the form attached hereto as Exhibit C, the New Credit
Party shall become a “Credit Party” under the Pledge Agreement with the same force and effect as if originally named therein as a Credit Party (as defined in the Pledge Agreement), (ii) acknowledges receipt of a copy of and agrees to
be obligated and bound as a “Credit Party” by all of the terms and provisions of the Pledge Agreement, (iii) grants to the Collateral Agent for the benefit of the Finance Parties a continuing security interest in the Collateral (as
defined in the Pledge Agreement), in each case to secure the full and punctual payment of the Secured Obligations (as defined in the Pledge Agreement) in accordance with the terms thereof and to secure the performance of all of the obligations of
each Credit Party under the Credit Agreement 

 
and the other Finance Documents, (iv) represents and warrants that each of Schedules I, II, III, IV, V and 3.05 to the Pledge Agreement, as amended,
supplemented and modified as set forth on Schedules I, II, III, IV, V and 3.05 hereto, is complete and accurate with respect to the New Credit Party as of the date hereof after giving effect to the New
Credit Party’s accession to the Pledge Agreement as an additional Credit Party thereunder and (v) acknowledges and agrees that, from and after the date hereof, each reference in the Pledge Agreement to a “Credit Party” or the
“Credit Parties” shall be deemed to include the New Credit Party. 
 IV.    REPRESENTATIONS AND
WARRANTIES.    The New Credit Party hereby represents and warrants that: 

A.    This Agreement has been duly authorized, executed and delivered by the New Credit Party, and each of
this Agreement and the Guaranty, the Security Agreement and the Pledge Agreement, as acceded to hereby by the New Credit Party, constitutes a valid and binding agreement of the New Credit Party, enforceable against the New Credit Party in accordance
with its terms, except in each case as such enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforceability of creditors’ rights generally and by equitable principles of general
applicability (regardless of whether such enforceability is considered in a proceeding in equity or at law). 

B.    Each of the representations and warranties contained in the Credit Agreement, the Guaranty, the Security
Agreement, the Pledge Agreement and each of the other Finance Documents is true and correct in all material respects as of the date hereof (unless they specifically relate back to an earlier date, then such representations and warranties are true
and correct as of such date), with the same effect as though such representations and warranties had been made on and as of the date hereof after giving effect to the accession of the New Credit Party as an additional “Guarantor” under the
Guaranty and an additional “Credit Party” under each of the Security Agreement and the Pledge Agreement. 

C.    Attached hereto as Exhibit D is a correct and complete Perfection Certificate relating to the New
Credit Party and its Collateral. 
 V.    EFFECTIVENESS.    This Agreement and
the accession of the New Credit Party to the Guaranty, the Security Agreement and the Pledge Agreement as provided herein shall become effective with respect to the New Credit Party when (i) the Administrative Agent shall have
received a counterpart of this Agreement duly executed by such New Credit Party and (ii) the Administrative Agent and/or the Collateral Agent, as applicable, shall have received duly executed counterpart signature pages to each of the Guaranty,
the Security Agreement and the Pledge Agreement as contemplated hereby. 
 VI.    INTEGRATION;
CONFIRMATION.    On and after the date hereof, each of the Guaranty, the Security Agreement and the Pledge Agreement and the respective Schedules thereto shall be supplemented as expressly set forth herein; all other terms
and provisions of each of the Guaranty, the Security Agreement, the Pledge Agreement, the other Finance Documents and the respective Schedules thereto shall continue in full force and effect and unchanged and are hereby confirmed in all respects.

 VII.    EXPENSES.    The New Credit Party
agrees to pay (i) all out-of-pocket expenses of the Agents, including reasonable fees and disbursements of special and local counsel for the Agents, in connection with the preparation, execution and delivery of this Agreement and any document
or agreement contemplated hereby and (ii) all taxes which the Collateral Agent or any Finance Party may be required to pay by reason of the security interests granted in the Collateral (including any applicable transfer taxes). 

VIII.    GOVERNING LAW.    THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES
HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK.

 IX.    COUNTERPARTS.    This Agreement may be signed in any number of
counterparts, each of which shall be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. This Agreement may be transmitted and/or signed by facsimile and if so transmitted or signed, shall,
subject to requirements of law, have the same force and effect as a manually signed original and shall be binding on the New Credit Party, the Agents and the Finance Parties. The Administrative Agent may also require that this Agreement be confirmed
by a manually signed original hereof; provided, however, that the failure to request or deliver the same shall not limit the effectiveness of any facsimile document or signature. 

[Signature Pages to Follow] 

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

			
	THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	THE HILLMAN COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	[NEW CREDIT PARTY NAME]
		
	By:	 	  

		 	Name:
		 	Title:
	
	BARCLAYS BANK PLC, as Administrative Agent and Collateral Agent
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT A 

COUNTERPART TO SUBSIDIARY GUARANTY 

The undersigned hereby executes this counterpart to the Guaranty dated as of May 28, 2010 by the Subsidiary Guarantors party thereto
from time to time in favor of Barclays Bank PLC, as Administrative Agent, and, as of the date hereof, assumes all of the rights and obligations of a “Subsidiary Guarantor” thereunder. 

Date:                    

  

			
	[NEW CREDIT PARTY NAME]
		
	By:	 	  

		 	Name:
		 	Title:
	
	[NEW CREDIT PARTY NOTICE ADDRESS]

 EXHIBIT B 

COUNTERPART TO SECURITY AGREEMENT 

The undersigned hereby executes this counterpart to the Security Agreement dated as of May 28, 2010 by the Credit Parties party
thereto from time to time in favor of Barclays Bank PLC, as Collateral Agent, and, as of the date hereof, assumes all of the rights and obligations of a “Credit Party” thereunder. 

Date:                    

  

			
	[NEW CREDIT PARTY NAME]
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT C 

COUNTERPART TO PLEDGE AGREEMENT 

The undersigned hereby executes this counterpart to the Pledge Agreement dated as of May 28, 2010 by Credit Parties party thereto
from time to time in favor of Barclays Bank PLC, as Collateral Agent, and, as of the date hereof, assumes all of the rights and obligations of a “Credit Party” thereunder. 

Date:                     

  

			
	[NEW CREDIT PARTY NAME]
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT D 

PERFECTION CERTIFICATE 

 SCHEDULE 3.02 

EXCLUDED CONTRACTS 

 SCHEDULE 3.06 

COLLATERAL INFORMATION 

 SCHEDULE 3.07 

GRANTOR INFORMATION 

 SCHEDULE 4.01 

SCHEDULE OF FILINGS TO PERFECT SECURITY INTERESTS 

 SCHEDULE I 

LIST OF PLEDGED SHARES 

[NEW CREDIT PARTY NAME] 
  

													
	 Issuer
	 	 Class of

Stock
	 	 Certificate

Number, if

Applicable
	 	 Par Value
	 	 Number of

Shares
	 	 Percentage of

Class
 Represented

 by Pledged

Shares
	 	 Type of

Investment

Property

 SCHEDULE II 

LIST OF PLEDGED NOTES 

[NEW CREDIT PARTY NAME] 
  

									
	 Issuer
	 	 Original Principal

Amount
	 	 Date
	 	 Maturity Date
	 	 Type of Investment

Property

 SCHEDULE III 

LIST OF PLEDGED LLC INTERESTS 

[NEW CREDIT PARTY NAME] 
  

									
	 Issuer
	 	 Class of Interest
	 	 Certificate Numbers,

if Applicable
	 	 Percentage of Class

Represented by

Pledged LLC

Interests
	 	 Type of Investment

Property

 SCHEDULE IV 

LIST OF PLEDGED PARTNERSHIP INTERESTS 

[NEW CREDIT PARTY NAME] 
  

									
	 Issuer
	 	 Class of Interest
	 	 Certificate Numbers,

if Applicable
	 	 Percentage of Class

Represented by

Pledged Partnership

Interests
	 	
Type of Investment
Property

 SCHEDULE V 

SCHEDULE OF FILINGS TO PERFECT SECURITY INTERESTS 
  

											
	Name of Debtor	 	Filing Type	 	State	 	Filing Office	 	Filing Date	 	File Number
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  
	  	 	  	 	  	 	  	 	  	 	  

 SCHEDULE 3.05 

ARTICLE 8 SECURITIES 

 EXHIBIT J 

Form of OFAC/Anti-Terrorism Compliance Certificate 

[Closing
Date]                                        
                         

Barclays Bank PLC, 
 as Administrative Agent

 745 Seventh Avenue 
 New York, NY
10019 
 Attn: 
 Ladies and Gentlemen:

 I,
                                , of The Hillman Group, Inc., a Delaware
corporation (the “HGI”), do hereby certify that, as
                                 of HGI, I am authorized to execute this
certificate on behalf of HGI. I do hereby further certify in my capacity as
                                 and not in my individual capacity as follows:

 1.    This Certificate is furnished pursuant to Section 4.01(s) of the Credit Agreement dated as of
May 28, 2010 (as amended, restated, modified or supplemented, from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The
Hillman Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead
Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. Terms defined in the Credit
Agreement and not otherwise defined herein have, as used herein, the respective meanings provided for therein. 

2.    To the knowledge of HGI based on reasonable investigation, no Group Company or any of its Affiliates is in
violation of any Anti-Terrorism Law and the U.S. Patriot Act. 
 3.    To the knowledge of HGI based on
reasonable investigation, no Group Company or any of their respective direct or indirect constituents or Affiliates, any of their respective officers or directors (including officers or directors of any such constituents or Affiliates) or any of
their respective brokers or other agents acting or benefiting in any capacity in connection with the Acquisition, the Credit Agreement, any Loans or other Credit Extensions thereunder or any other transactions contemplated in connection therewith is
any of the following: 
 (i)    a Person or entity that is listed in the annex to, or is
otherwise subject to the provisions of, the Executive Order; 
 (ii)    a Person or entity
owned or controlled by, or acting for or on behalf of, any Person or entity that is listed in the annex to, or is otherwise subject to the provisions of, the Executive Order; 

 (iii)    a Person or entity with which any Lender is
prohibited from dealing or otherwise engaging in any transaction by any Anti-Terrorism Law; 

(iv)    a Person or entity that commits, threatens or conspires to commit or supports
“terrorism” as defined in the Executive Order; 
 (v)    a Person or entity that is
named as a “specially designated national and blocked person” on the most current list published by the U.S. Treasury Department’s Office of Foreign Assets Control “(OFAC”) at its official website,
http://www/treas/gov.ofactllsdn.pdf, or any replacement website or other replacement official publication of such list; 

(vi)    a Person covered by the International Emergency Economic Power Act, 50 U.S.C. §1701 et
seq., OFAC or any other law, regulation or executive order relating to the imposition of economic sanctions against any country, region or individual pursuant to United States law or United Nations resolution; or 

(vii)    a Person that is an affiliate (including any principal, officer, immediate family member or
close associate) of a Person described under one or more of clauses (i) through (vi) above. 

4.    To the knowledge of HGI based on reasonable investigation, no Group Company or any of their respective direct
or indirect constituents or Affiliates, any of their respective officers or directors (including officers or directors of any such constituents or Affiliates) or any of their respective brokers or other agents acting or benefiting in any capacity in
connection with the Acquisition, the Credit Agreement, any Loans or other Credit Extensions thereunder or any other transactions contemplated in connection therewith (i) conducts any business or engages in making or receiving any contribution
of funds, goods or services to or for the benefit of any Person described in paragraph 3 above, (ii) deals in, or otherwise engages in any transaction relating to, any property or interests in property blocked pursuant to the Executive
Order or (iii) engages in or conspires to engage in any transaction that evades or avoids, or has the purpose of evading or avoiding, or attempts to violate, any of the prohibitions set forth in any Anti-Terrorism Law. 

5.    To the knowledge of HGI, neither the extensions of credit to the Borrower under the Credit Agreement nor the
use of the respective proceeds thereof will cause the Administrative Agent or any other Finance Party to violate any Anti-Terrorism Law or any rule, regulation or sanction promulgated thereunder or any enabling legislation or executive order
relating thereto. 

 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of HGI this
[    ] day of [        ], 2010. 
  

			
	THE HILLMAN GROUP, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 EXHIBIT K 

Form of Solvency Certificate 

I, the undersigned, the Chief Financial Officer of The Hillman Group, Inc., a Delaware corporation (“HGI”), do hereby
certify on behalf of HGI that: 
 1.    This Certificate is furnished pursuant to Section 4.01(n) of
the Credit Agreement dated as of May 28, 2010 (as amended, restated, modified or supplemented, from time to time, the “Credit Agreement”) among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc.,
Hillman Investment Company, The Hillman Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley
Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent.
Unless otherwise defined herein, capitalized terms used in this Certificate have the meanings set forth in the Credit Agreement. 

2.    I am, and since [            ] have been, the duly
qualified and acting Chief Financial Officer of HGI. In such capacity, I am a senior financial officer of HGI and I have participated actively in the management of its financial affairs and am familiar with the consolidated financial statements of
HGI and its Subsidiaries. I have, together with other members of the management of HGI, acted on behalf of HGI in connection with the negotiation of the Credit Agreement and I am familiar with the terms and conditions thereof. 

3.    I have carefully reviewed the contents of this Certificate, and I have conferred with counsel for HGI
(including, Paul, Weiss, Rifkind, Wharton & Garrison LLP) for the purpose of discussing the meaning of its contents. 

4.    In connection with preparing for the consummation of the transactions and financings contemplated by the Credit
Agreement (the “Proposed Transactions”), I have participated in the preparation of, and I have reviewed, the pro forma consolidated projections of net income and cash flows of HGI and its Subsidiaries prepared on a quarterly basis
for the period from the Closing Date through December 31, 2016 and on an annual basis for each of the following three fiscal years (the “Projected Financial Statements”). The Projected Financial Statements, which are attached
hereto as Exhibit A, give effect to the consummation of the Proposed Transactions and assume that the debt obligations of the Borrower under the Credit Agreement will be paid from the cash flow generated by the operations of the Borrower and its
Subsidiaries and other resources (including, without limitation, refinancings, asset sales and other capital market transactions available at the time). The Projected Financial Statements were prepared on the basis of information available at
April 29, 2010. The Projected Financial Statements do not reflect (i) any potential changes in interest rates other than from those assumed in the Projected Financial Statements, (ii) any potential material, adverse changes in general
business or economic conditions, or (iii) any potential changes in income tax laws. 
 5.    I have
also participated in the preparation of, and I have reviewed, a pro forma summary consolidated balance sheet of the Borrower and its Subsidiaries (the “Fair Value Summary Balance Sheet”) as of March 31, 2010, giving
effect to the Proposed Transactions. The Fair Value Summary Balance Sheet is attached hereto as Exhibit B. 

 6.    In connection with the preparation of the Projected Financial
Statements, I have relied on historical information with respect to revenues, expenses and other relevant items supplied by certain management of HGI and its Subsidiaries responsible for the various operations involved. Certain assumptions upon
which the Projected Financial Statements are based are stated therein. Although any assumptions and any projections by necessity involve uncertainties and approximations, I believe, based on my discussions with other members of management, that the
assumptions on which the Projected Financial Statements are based are reasonable in light of current conditions and facts known to me. However, it is understood that the Lenders and the Administrative Agent recognize that projections as to future
events are not to be viewed as facts and that actual results during the periods covered by the Projected Financial Statements will differ from projected results and that such differences may be material. 

7.    The Fair Value Summary Balance Sheet has been prepared in a manner which I believe reflects an estimate of the
present fair value (on a going concern basis) of the assets of HGI and its Subsidiaries on a consolidated basis (“Present Fair Value of Assets”) and the probable liability on all of their existing debts of which I am aware,
contingent or otherwise, as such debts become absolute and mature. For purposes of this Certificate, I understand “fair value” of any assets to mean the amount which may be realized within a reasonable time through sale of such assets and
the related business as a going concern at the regular market value thereof, with the fair value also being the amount which could be obtained for the property in question within such period from an interested buyer who is willing to purchase under
ordinary selling conditions. 
 8.    Based on the foregoing, as of the date hereof, I have reached the
following conclusions: 
  

	 	(a)	HGI is not now, nor will the incurrence of the Senior Obligations under the Credit Agreement and the incurrence of the other obligations contemplated by the Proposed
Transactions, on the date hereof, render HGI “insolvent” as defined in this paragraph 8(a). The recipients of this Certificate and I have agreed that, in this context, “insolvent” means that the Present Fair Value of
Assets as determined in accordance with Paragraph 7 above is less than the amount that will be required to pay the probable liability on existing debts of which I am aware as they become absolute and mature. We have also agreed that the term
“debts” includes any legal liability, whether matured or unmatured, liquidated or unliquidated, absolute, fixed or contingent. My conclusion expressed above is reflected in the Fair Value Summary Balance Sheet. 

 

	 	(b)	 HGI and its Subsidiaries do not believe the incurrence of the Senior Obligations under the Credit Agreement and the incurrence of the other obligations
contemplated by the Proposed Transactions on the date hereof, will cause them to have incurred debts beyond their ability to pay as such 

	 	 
debts mature (including, without limitation, through refinancings, asset sales and other capital market transactions available at the time). 

 

	 	(c)	The incurrence of the Senior Obligations under the Credit Agreement and the incurrence of the other obligations contemplated by the Proposed Transactions, on the date
hereof, will not leave HGI with property (including cash and rights under the Credit Agreement to borrow Revolving Loans) remaining in its hands constituting “unreasonably small capital.” In reaching this conclusion, I understand that
“unreasonably small capital” depends upon the nature of the particular business or businesses conducted or proposed to be conducted as of the date hereof, and I have reached my conclusion based on the needs and anticipated needs for
capital of the businesses conducted or anticipated to be conducted by each of OH Holdings and HGI and its Subsidiaries in light of the Projected Financial Statements and available credit. 

9.    To the best of my knowledge, neither OH Holdings nor HGI has executed the Credit Agreement or any documents
mentioned therein, or made any transfer or incurred any obligations thereunder, with actual intent to hinder, delay or defraud either present or future creditors. 

10.    I understand that Administrative Agent and Lenders are relying on the truth and accuracy of the foregoing in
connection with the extension of credit to HGI pursuant to the Credit Agreement. 
 IN WITNESS WHEREOF, HGI has caused its duly
authorized chief financial officer to execute and deliver this Certificate this 28th day of May, 2010. 
  

			
	 THE HILLMAN GROUP, INC.

		
	By:	 	  

		 	Name:
		 	Title: Chief Financial Officer

 EXHIBIT L 

Form of Secretary’s Certificate 

I,
                                , hereby certify that I am the duly
elected, qualified and acting Secretary of [CORPORATION NAME], [CORPORATION DESCRIPTION] (the “Corporation”) and am authorized to execute this Certificate on behalf of the Corporation. This Certificate is delivered in connection with the
Credit Agreement (the “Agreement”), dated May 28, 2010, among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the banks and other lending
institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital,
Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. All capitalized terms used but not defined in this Certificate shall have the meanings
set forth in the Agreement. 
 Solely in my capacity as Secretary, I certify that: 

(a)    Exhibit A annexed hereto is a true and complete copy of the Certificate of Incorporation of the Corporation
(including any amendments thereto) that has been approved by the Board of Directors or the Stockholders of the Corporation and is in effect as of the date hereof. Except as attached hereto, no document with respect to an amendment thereto has been
filed in the office of the Secretary of State of [JURISDICTION], and no such amendment or filing is pending. 

(b)    There are no proceedings pending for the dissolution or liquidation of the Corporation and, to the best of my
knowledge, no such proceedings are threatened. 
 (c)    Exhibit B annexed hereto is a true and complete
copy of the By-laws of the Corporation (including any amendments thereto) in effect as of the date hereof. 

(d)    Exhibit C annexed hereto is a correct and complete copy of all of the resolutions adopted by the Board of
Directors of the Corporation approving and authorizing the execution, delivery and performance of the Finance Documents to which it is a party on the date hereof, and the transactions contemplated thereby. Such resolutions have not been amended,
rescinded or modified since their adoption and remain in effect as of the date hereof. 
 (e)    The persons
whose names appear on Exhibit D hereto are the duly elected, qualified and acting officers of the Corporation occupying the offices set forth below their respective names on Exhibit D at the respective times of the signing and delivery thereof, and
the signatures set forth above their respective names and in the Finance Documents are their true signatures, and each such officer is duly authorized to execute and deliver on behalf of the Corporation the Finance Documents. 

 IN WITNESS WHEREOF, I have hereunto set my hand this     day of
            , 2010. 
  

			
	[CORPORATION NAME]
	  

	Name:	 	
	Title:	 	Secretary

 The undersigned, being
the duly elected and qualified                                 of the Corporation,
hereby certifies that                                 is the duly elected and
qualified Secretary of the Corporation and that the foregoing signature appearing above his name is his genuine signature. 
 IN
WITNESS WHEREOF, I have hereunto set my hand on behalf of the Corporation as of this     day of             , 2010. 

 

			
	[CORPORATION NAME]
	  

	Name:	 	
	Title:	 	[Certifying Officer]

 EXHIBIT A 

Certificate/Articles of Incorporation. 

 EXHIBIT B 

By-laws 

 EXHIBIT C 

Board Resolutions 

 EXHIBIT D 

Officers 
  

	
	  

	Name:
	Title:
	  
  

 

	Name:
	Title:

 EXHIBIT M 

THE HILLMAN COMPANIES, INC. 

CLOSING DATE CERTIFICATE 

I,
[                                ], hereby certify that I am the duly elected,
qualified and acting Chief Financial Officer of The Hillman Companies, Inc., a Delaware corporation (the “Corporation”) and am authorized to execute this Certificate on behalf of the Credit Parties. This Certificate is delivered
pursuant to Section 4.01(d) of the Credit Agreement (the “Agreement”), dated May 28, 2010, among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman
Group, Inc., the banks and other lending institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and
Syndication Agents, Barclays Capital, Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent. All capitalized terms used but not defined in
this Certificate shall have the meanings set forth in the Agreement. 
 Solely in my capacity as Chief Financial Officer, I
certify on behalf of each Credit Party that: 
 (a)    the Borrower Representations and the representations
and warranties made by the Credit Parties in the Finance Documents are true and correct as of the date hereof in all material respects except that such materiality qualifier shall not be applicable to any Borrower Representation or any
representation or warranty in the Finance Documents that is already qualified by materiality and except to the extent such representations and warranties expressly relate to an earlier date. 

(b)    no Default or Event of Default exists or is continuing after giving effect to the Transactions. 

**** 

 IN WITNESS WHEREOF, I have hereunto set my hand this [    ] day
of [            ], 2010. 
  

			
	THE HILLMAN COMPANIES, INC.
	  

	Name:	 	
	Title:	 	Chief Financial Officer

 EXHIBIT N 

FORM OF U.S. TAX COMPLIANCE CERTIFICATE 

Reference is made to the Credit Agreement (the “Credit Agreement”), dated as of May     ,
2010, among OHCP HM ACQUISITION CORP., OHCP HM MERGER SUB CORP., THE HILLMAN COMPANIES, INC., HILLMAN INVESTMENT COMPANY, THE HILLMAN GROUP, INC., the banks and other financial institutions from time to time party hereto (the
“Lenders”), BARCLAYS BANK PLC, as Administrative Agent, Issuing Lender and Swingline Lender, BARCLAYS CAPITAL and MORGAN STANLEY SENIOR FUNDING, INC., together as the Joint Lead Arrangers and Syndication Agents, and BARCLAYS
CAPITAL, MORGAN STANLEY SENIOR FUNDING, INC. and GE CAPITAL MARKETS, INC., together as the Joint Bookrunners. 
 Under penalties
of perjury, the undersigned hereby certifies to the Administrative Agent and to the Borrower that: 

1.    The undersigned is the sole record and beneficial owner of the loans or the obligations evidenced by the
Note(s) in respect of which it is providing this certificate. 
 2.    The undersigned is not a bank (as
such term is used in Section 881(c)(3)(A) of the Code). In this regard, the undersigned further represents and warrants that: 

a.    the undersigned is not subject to regulatory or other legal requirements as a bank in any jurisdiction;

 b.    the undersigned has not been treated as a bank for purposes of any tax, securities law or other
filing or submission made to any Governmental Authority, any application made to a rating agency or qualification for any exemption from tax, securities law or other legal requirements; 

3.    The undersigned is not a “10-percent shareholder” of the Borrower (as such term is used in
Section 881(c)(3)(B) of the Code); and 
 4.    The undersigned is not a controlled foreign corporation
related to the Borrower within the meaning of Section 864(d)(4) of the Code. 
 The undersigned has furnished you with a
certificate of its non-U.S. person status on Internal Revenue Service Form W-8BEN. By executing this U.S. Tax Compliance Certificate, the undersigned agrees that (a) if the information provided on this certificate changes, the undersigned shall
so inform the Borrower in writing within thirty days of such change and (b) the undersigned shall furnish the Borrower a properly completed and currently effective certificate in either the calendar year in which payment is to be made by the
Borrower to the undersigned, or in either of the three calendar years preceding such payment. 

 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall
have the meanings given to them in the Credit Agreement. 
 [NAME OF LENDER] 

By: 
 Title:

 [ADDRESS] 

Dated: [            ], 2010. 

 EXHIBIT O 

FORM OF JOINDER AGREEMENT 

This Joinder Agreement, dated as of [            ,
201    ] (the “Joinder Agreement” or this “Agreement”), by and among [NEW LENDERS] (each, a “New Lender” and, collectively, the “New Lenders”), THE
                                 COMPANIES, INC., THE HILLMAN GROUP, INC.
(“HGI”), and BARCLAYS BANK PLC (the “Administrative Agent”). 
 RECITALS: 

WHEREAS, reference is hereby made to the Credit Agreement, dated as of May 28, 2010 (as amended, supplemented or otherwise
modified from time to time, the “Credit Agreement”), among OHCP HM Acquisition Corp., OHCP HM Merger Sub Corp., The Hillman Companies, Inc., Hillman Investment Company, The Hillman Group, Inc., the banks and other lending
institutions from time to time party thereto, Barclays Bank PLC, as Administrative Agent, Issuing Lender and Swingline Lender, Barclays Capital and Morgan Stanley Senior Funding, Inc., as Lead Arrangers and Syndication Agents, Barclays Capital,
Morgan Stanley Senior Funding, Inc. and GE Capital Markets, Inc., together as Joint Bookrunners and General Electric Capital Corporation, as Documentation Agent (capitalized terms used but not defined herein having the meaning provided in the Credit
Agreement); and 
 WHEREAS, subject to the terms and conditions of the Credit Agreement, the Borrower may establish New
Term Loan Commitments by among other things, written notice to the Administrative Agent; 
 NOW, THEREFORE, in
consideration of the premises and agreements, provisions and covenants herein contained, the parties hereto agree as follows: 

I.    Each New Lender party hereto hereby agrees to commit to provide its New Term Loan Commitment, as set forth on
Schedule A annexed hereto, on the terms and subject to the conditions set forth below: 
 II.    Each
New Lender (i) confirms that it has received a copy of the Credit Agreement and the other Finance Documents, together with copies of the financial statements referred to therein and such other documents and information as it has deemed
appropriate to make its own credit analysis and decision to enter into this Agreement; (ii) agrees that it will, independently and without reliance upon the Administrative Agent, or any other New Lender or any other Lender or Agent and based on
such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement; (iii) appoints and authorizes the Administrative Agent and/or the
Collateral Agent, to take such action as agent on its behalf and to exercise such powers under the Credit Agreement and the other Finance Documents as are delegated to the Administrative Agent and the Collateral Agent, respectively, by the terms
thereof, together with such powers as are reasonably incidental thereto; and (iv) agrees that it will perform in accordance with their terms all of the obligations which by the terms of the Credit Agreement are required to be performed by it as
a New Lender. 

 III.    Each New Lender hereby agrees to make its respective New Term
Loan Commitment on the following terms and conditions: 
 1.    Applicable
Margin.    The Applicable Margin for each New Term Loan shall mean, as of any date of determination, a percentage per annum as set forth below: 

[INSERT PRICING] 

2.    Principal Payments.    The Borrower shall make principal payments on the New Term
Loan in installments on the dates and in the amounts set forth below: 
  

			
	(A)

Principal
Amortization
Payment Date	 	(B)

Principal
Amortization
Payment
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$            
	 	 	$           
 

 [3.    Maturity Date.    The Borrower shall
repay the then unpaid principal amount of the New Term Loans outstanding, and the New Term Loan Commitments in respect thereof will terminate, on [•].]  

[4].    Proposed Borrowing.    This Agreement represents the Borrower’s
request to borrow New Term Loans from the New Lenders as follows (the “Proposed Borrowing”): 
 SECTION
1.    Business Day of Proposed Borrowing:             ,          

SECTION 2.    Amount of Proposed Borrowing: $         

[SECTION 3.    Interest rate option: 

a.    Base Rate Loan(s) 

b.    Eurodollar Loan(s) with an initial Interest Period of         
months] 

 [[5].    New Lenders.    Each
New Lender acknowledges and agrees that upon its execution of this Agreement and the making of New Term Loans, such New Lender shall become a “Lender” under, and for all purposes of, the Credit Agreement and the other Loan Documents, and
shall be subject to and bound by the terms thereof, and shall perform all the obligations of and shall have all rights of a Lender thereunder.]  

[6].    Credit Agreement Governs.    Except as set forth in this Agreement, the New
Term Loans shall otherwise be subject to the provisions of the Credit Agreement and the other Finance Documents. 

[7].     Certification.    By its execution of this Agreement, the undersigned
officer on behalf of the Borrower certifies that: 
 i.    each of the conditions in Section 4.02 have
been satisfied as of the Increased Amount Date; 
 ii.    the Borrower, upon the incurrence of the Proposed
Borrowing, will be in pro forma compliance with the financial covenants set forth in Section 7.16 of the Credit Agreement as of the Increased Amount Date; and 

iii.    no Default or Event of Default shall exist on the Increased Amount Date before or after giving effect to such
New Term Loan Commitments and to the making of any New Term Loans pursuant thereto and after giving effect to any Permitted Business Acquisition consummated in connection therewith. 

[8].    Notice.    For purposes of the Credit Agreement, the initial notice address
of each New Lender shall be as set forth below its signature below. 
 [9].    Non-U.S.
Lenders.    For each New Lender that is a Non-U.S. Lender, delivered herewith to the Administrative Agent are such forms, certificates or other evidence with respect to United States federal income tax withholding matters as
such New Lender may be required to deliver to Administrative Agent pursuant to Section 3.01 of the Credit Agreement. 

[10].    Recordation of the New Loans.    Upon execution and delivery hereof, the
Administrative Agent will record the New Term Loans made by each New Lender in the Register. 

[11].    Amendment, Modification and Waiver.    This Agreement may not be amended,
modified or waived except as provided by Section 10.03 of the Credit Agreement. 

[12].    Entire Agreement.    This Agreement, the Credit Agreement and the other
Loan Documents constitute the entire agreement among the parties with respect to the subject matter hereof and thereof and supersede all other prior agreements and understandings, both written and verbal, among the parties or any of them with
respect to the subject matter hereof. 
 [13].    GOVERNING
LAW.    THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAW OF THE 

 
STATE OF NEW YORK WITHOUT REGARD TO PRINCIPLES OF CONFLICTS OF LAWS THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. 

[14].    Severability.    Any provision of this Agreement that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 

[15].    Counterparts.    This Agreement may be executed by one or more of the
parties to this Agreement on any number of separate counterparts, and all of said counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of an executed signature page of this Agreement by facsimile or
electronic (i.e., “pdf”) transmission shall be effective as delivery of a manually executed counterpart hereof. A set of the copies of this Agreement signed by all the parties shall be lodged with the Borrower and the Administrative Agent.

 IN WITNESS WHEREOF, each of the undersigned has caused its duly authorized officer to execute and
deliver this Credit Party Accession Agreement as of [            ,         ]. 

 

			
	[NAME OF NEW LENDER],
		
	By:	 	  

		 	Name:
		 	Title:
		 	Notice Address:
		 	Attention:
		 	Telephone:
		 	Facsimile:
	
	THE HILLMAN GROUP, INC.
		
	 By:
	 	 
		 	Name:
		 	Title:
	
	THE HILLMAN COMPANIES, INC.
		
	By:	 	  

		 	Name:
		 	Title:

 Consented to by: 
  

			
	BARCLAYS BANK PLC, as Administrative Agent
		
	By:	 	  

		 	 Name:

		 	 Title:

 SCHEDULE A 

TO JOINDER AGREEMENT 
  

			
	Name of New Lender	  	
New Term Loan

Commitment

	
[                     
         ]
	  	$           
 

 EXHIBIT P 

Post-Closing Undertakings 

1.    On or before the thirtieth day following the Closing Date, HGI shall cause to be released, pursuant to arrangements reasonably
satisfactory to the Collateral Agent, certain liens in favor of PNC Bank, National Association, with respect to five patents held by the Credit Parties and previously identified to the Collateral Agent. 

2.    On or before the thirtieth day following the Closing Date, HGI shall deliver or cause to be delivered the Pledged Collateral,
together with the documents contemplated by Section 4.01(i)(v) with respect thereto, with respect to Sun Source Integrated Services de Mexico S.A. de C.V., all in form and substance reasonably satisfactory to the Collateral Agent. 

3.    On or before the thirtieth day following the Closing Date, HGI shall use commercially reasonable efforts to cause to be
delivered evidence reasonably satisfactory to the Collateral Agent that HGI has obtained the lender’s loss payable endorsements required by Section 6.06(a).

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