Document:

Third Amended and Restated Lease Agreement dated June 27, 2008

 Exhibit 10-BBa 
 THIRD AMENDED AND RESTATED LEASE AGREEMENT 
 Dated as of June 27, 2008 
 between 
 SUNTRUST BANK, 
 as Lessor 
 and 
 TECH DATA CORPORATION, 
 as Lessee 

This Third Amended and Restated Lease Agreement is subject to a security interest in favor of SunTrust Equity Funding, LLC, as Agent (the “Agent”)
under a Third Amended and Restated Security Agreement dated as of June 27, 2008, among SunTrust Bank and the Agent, as further amended, modified, supplemented, restated or replaced from time to time. This Third Amended and Restated Lease
Agreement has been executed in several counterparts. To the extent, if any, that this Third Amended and Restated Lease Agreement constitutes chattel paper (as such term is defined in the Uniform Commercial Code as in effect in any applicable
jurisdiction), no security interest in this Third Amended and Restated Lease Agreement may be created through the transfer or possession of any counterpart other than the original counterpart containing the receipt therefor executed by the Agent on
the signature page hereof. 

 TABLE OF CONTENTS 
  

					
	 ARTICLE I
	  		  	1
	 Section 1.1. Definitions
	  	1
	 ARTICLE II
	  		  	1
	 Section 2.1. Property
	  	1
	 Section 2.2. Lease Term
	  	1
	 Section 2.3. Title
	  	2
	 Section 2.4. Lease Supplements
	  	2
	 Section 2.5. Subsidiaries as Lessee
	  	2
	 ARTICLE III
	  		  	2
	 Section 3.1. Rent
	  	2
	 Section 3.2. Payment of Basic Rent
	  	3
	 Section 3.3. Supplemental Rent
	  	3
	 Section 3.4. Performance on a Non-Business Day
	  	3
	 Section 3.5. Rent Payment Provisions
	  	3
	 ARTICLE IV
	  		  	4
	 Section 4.1. Utility Charges; Taxes
	  	4
	 ARTICLE V
	  		  	4
	 Section 5.1. Quiet Enjoyment
	  	4
	 ARTICLE VI
	  		  	4
	 Section 6.1. Net Lease
	  	4
	 Section 6.2. No Termination or Abatement
	  	5
	 ARTICLE VII
	  		  	5
	 Section 7.1. Ownership of the Properties
	  	5
	 ARTICLE VIII
	  		  	6
	 Section 8.1. Condition of the Properties
	  	6
	 Section 8.2. Possession and Use of the Properties
	  	7
	 ARTICLE IX
	  		  	8
	 Section 9.1. Compliance with Legal Requirements and Insurance Requirements
	  	8
	 ARTICLE X
	  		  	8
	 Section 10.1. Maintenance and Repair; Return
	  	8
	 Section 10.2. Environmental Inspection
	  	9
	 ARTICLE XI
	  		  	10
	 Section 11.1. Modifications
	  	10
	 ARTICLE XII
	  		  	10
	 Section 12.1. Warranty of Title
	  	10
	 ARTICLE XIII
	  		  	11
	 Section 13.1. Permitted Contests Other Than in Respect of Indemnities
	  	11
	 ARTICLE XIV
	  		  	11
	 Section 14.1. Public Liability and Workers’ Compensation Insurance
	  	11
	 Section 14.2. Hazard and Other Insurance
	  	12
	 Section 14.3. Coverage
	  	12
	 Section 14.4. Additional Insurance Requirements
	  	13
	 ARTICLE XV
	  		  	13
	 Section 15.1. Casualty and Condemnation
	  	13

  

 i 

					
	 Section 15.2. Environmental Matters
	  	15
	 Section 15.3. Notice of Environmental Matters
	  	15
	 ARTICLE XVI
	  		  	15
	 Section 16.1. Termination Upon Certain Events. If any of the following occur
	  	15
	 Section 16.2. Procedures
	  	16
	 ARTICLE XVII
	  		  	16
	 Section 17.1. Lease Events of Default
	  	16
	 Section 17.2. Surrender of Possession
	  	19
	 Section 17.3. Reletting
	  	19
	 Section 17.4. Damages
	  	20
	 Section 17.5. Final Liquidated Damages
	  	20
	 Section 17.6. Waiver of Certain Rights
	  	21
	 Section 17.7. Assignment of Rights Under Contracts
	  	21
	 Section 17.8. Environmental Costs
	  	21
	 Section 17.9. Remedies Cumulative
	  	22
	 Section 17.10. Notice of Default or Event of Default
	  	22
	 Section 17.11. Lessee’s Option to Cure by Purchase of All Properties
	  	22
	 Section 17.12. Liability Limited
	  	22
	 ARTICLE XVIII
	  		  	22
	 Section 18.1. Lessor’s Right to Cure Lessee’s Lease Defaults
	  	22
	 ARTICLE XIX
	  		  	22
	 Section 19.1. No Termination With Respect to Less than All of a Property
	  	23
	 ARTICLE XX
	  		  	23
	 Section 20.1. Purchase Prior to End of Term; Purchase, Renewal or Sale Option; Purchase of Excess Land
	  	23
	 ARTICLE XXI
	  		  	24
	 Section 21.1. Renewal
	  	24
	 ARTICLE XXII
	  		  	25
	 Section 22.1. Sale Procedure
	  	25
	 Section 22.2. Application of Proceeds of Sale
	  	27
	 Section 22.3. Indemnity for Excessive Wear
	  	27
	 Section 22.4. Appraisal Procedure
	  	28
	 Section 22.5. Certain Obligations Continue
	  	28
	 ARTICLE XXIII
	  		  	28
	 Section 23.1. Risk of Loss
	  	28
	 ARTICLE XXIV
	  		  	28
	 Section 24.1. Assignment
	  	28
	 Section 24.2. Subleases
	  	29
	 ARTICLE XXV
	  		  	30
	 Section 25.1. No Waiver
	  	30
	 ARTICLE XXVI
	  		  	30
	 Section 26.1. Acceptance of Surrender
	  	30
	 Section 26.2. No Merger of Title
	  	30
	 ARTICLE XXVII
	  		  	30
	 Section 27.1. Notices
	  	30

  

 ii 

					
	 ARTICLE XXVIII
	  		  	30
	 Section 28.1. Miscellaneous
	  	30
	 Section 28.2. Amendments and Modifications
	  	30
	 Section 28.3. Successors and Assigns
	  	30
	 Section 28.4. Headings and Table of Contents
	  	31
	 Section 28.5. Counterparts
	  	31
	 Section 28.6. GOVERNING LAW
	  	31
	 Section 28.7. Calculation of Rent
	  	31
	 Section 28.8. Memoranda of Lease and Lease Supplements
	  	31
	 Section 28.9. Allocations between the Financing Parties
	  	31
	 Section 28.10. Limitations on Recourse
	  	31
	 Section 28.11. WAIVERS OF JURY TRIAL
	  	31
	 Section 28.12. Original Leases
	  	32
	 Section 28.13. Mortgage Grant and Remedies
	  	32
	 Section 28.14. Exercise of Lessor Rights
	  	32

  

 iii 

 THIRD AMENDED AND RESTATED LEASE AGREEMENT 
 THIS THIRD AMENDED AND RESTATED LEASE AGREEMENT (as further amended, supplemented or modified from
time to time, this “Lease”), dated as of June 27, 2008, is between SUNTRUST BANK, having its principal office at c/o SunTrust Equity Funding, LLC, 303 Peachtree Street, 26th Floor, MC 3951, Atlanta, Georgia 30308, as lessor (the “Lessor”), and TECH DATA CORPORATION, a Florida corporation, having its principal place of business at
5350 Tech Data Drive, Clearwater, Florida, as lessee (the “Lessee”). 
 WITNESSETH: 
 A. WHEREAS, the SunTrust Equity Funding, LLC, as lessor (the “Prior Lessor”), and Lessee entered into a Second Amended and
Restated Lease Agreement, dated as of July 31, 2003 (as amended prior to the date hereof, the “Existing Lease”), pursuant to which the Prior Lessor leased certain Properties to Lessee (or to certain Subsidiaries acting as
alternative lessees); and 
 B. WHEREAS, the Lessor, contemporaneously herewith, shall acquire the Properties, subject to the Existing
Lease; and 
 C. WHEREAS, the Lessee desires to renew the Existing Lease, and Lessee and Lessor desire to amend and restate the
Existing Lease on the terms and conditions set forth herein; and 
 D. WHEREAS, Lessor desires to continue to lease to Lessee (or to
certain alternative Lessees permitted by Section 2.5), and Lessee desires to continue to lease (or cause such alternative Lessees to lease) from Lessor, each Property; 
 NOW, THEREFORE, in consideration of the foregoing, and of other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Existing Lease is hereby amended and restated in its entirety, and the parties hereto agree as follows: 
 ARTICLE I 

 Section 1.1. Definitions. Capitalized terms used but not otherwise defined in this Lease have the respective meanings
specified in Appendix A to the Third Amended and Restated Participation Agreement of even date herewith (as such may be further amended, modified, supplemented, restated and/or replaced from time to time, the “Participation
Agreement”) among the Lessee, the Lessor, the Lenders party thereto and the Agent. 
 ARTICLE II 
 Section 2.1. Property. Subject to the terms and conditions hereinafter set forth and contained in the respective Lease Supplement relating to
each Property, Lessor hereby leases to Lessee and Lessee hereby leases from Lessor, each Property. 
 Section 2.2. Lease Term.
The term of this Lease with respect to each Property (the “Term”) has previously commenced and shall end on June 27, 2013 (the “Basic Term Expiration Date”), unless the Term is earlier terminated in accordance
with the provisions of this Lease or unless this Lease shall be renewed in accordance with Section 21.1. 

 Section 2.3. Title. Each Property is leased to Lessee without any representation or warranty,
express or implied, by Lessor and subject to the rights of parties in possession (if any), the existing state of title (including, without limitation, the Permitted Exceptions) and all applicable Legal Requirements. Lessee shall in no event have any
recourse against Lessor for any defect in Lessor’s title to any Property other than for Lessor Liens. 
 Section 2.4. Lease
Supplements. Lessee and Prior Lessor previously executed and delivered a Lease Supplement for each Property, which Lease Supplements are being assigned to Lessor effective as of the date hereof. Lessee hereby consents to such assignment, and
Lessee and Lessor hereby acknowledge that such Lease Supplements, as so assigned to Lessor, remain in full force and effect. Lessee agrees to promptly execute and deliver such assignments, consents and acknowledgements as Lessor shall reasonably
request to evidence and record such assignment by Prior Lessor to Lessor. 
 Section 2.5. Subsidiaries as Lessee. Subject to the
consent of the Administrative Agent and the delivery of such agreements and documents as the Administrative Agent may require (including without limitation the Guaranty of Tech Data), documents perfecting the liens of the Lessor, Agent and Financing
Parties under the Operative Agreements and written opinions of counsel for the Lessee and any applicable Subsidiary, a Subsidiary of Tech Data may become party to this Lease as a Lessee (each, an “alternative Lessee”) of a Property,
and shall be liable (jointly and severally with Tech Data) for all obligations as Lessee. Without limiting the generality of the foregoing, (a) Tech Data shall remain fully liable for all obligations as Lessee with respect to each Property, and
(b) Tech Data, as and on behalf of the Lessee with respect to each Property, shall have the right to give any notice, consent or waiver, to exercise any option permitted under any Operative Agreement, and to agree to any amendment or
modification with respect to any Operative Agreement or any Property (and each alternative Lessee hereby grants to Tech Data an irrevocable power-of-attorney to take any such actions) without the necessity of obtaining any consent of any alternative
Lessee, and any other party to the Operative Agreements shall be fully protected in relying on any such actions taken by Tech Data or (with respect to the applicable Property) by an alternative Lessee. Without limiting the generality of the
foregoing, any Operative Agreement may be amended or modified without obtaining the consent of any alternative Lessee. 
 ARTICLE III 

 Section 3.1. Rent. 
 (a) Lessee shall pay Basic Rent on each Payment Date, and on any date on which this Lease shall terminate with respect to any or all Properties during the Term. 
 (b) Basic Rent shall be due and payable in lawful money of the United States and shall be paid in immediately available funds on the due
date therefor (or within the applicable grace period) to such account or accounts as Lessor shall from time to time direct. 

 (c) Lessee’s inability or failure to take possession of all or any portion of any
Property when it was delivered by Lessor, whether or not attributable to any act or omission of the Lessor, Lessee or any other Person, or for any other reason whatsoever, shall not delay or otherwise affect Lessee’s obligation to pay Rent for
such Property in accordance with the terms of this Lease. 
 Section 3.2. Payment of Basic Rent. Basic Rent shall be paid
absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount of Basic Rent, without setoff, deduction or reduction. 
 Section 3.3. Supplemental Rent. Lessee shall pay to Lessor or its designee or to the Person entitled thereto any and all Supplemental Rent promptly as the same shall become due and payable, without setoff,
deduction or reduction, and if Lessee fails to pay any Supplemental Rent, Lessor shall have all rights, powers and remedies provided for herein or by law or equity or otherwise in the case of nonpayment of Basic Rent. Without limiting the generality
of the definition of “Supplemental Rent,” Lessee shall pay to Lessor as Supplemental Rent, among other things, on demand, to the extent permitted by applicable Legal Requirements, (a) any and all unpaid fees, charges, prepayment
penalties, Taxes, insurance costs, indemnities, expenses, payments and other obligations (except the obligations of Lessor to pay the principal amount of the Loans) due and owing by Lessor or the Lessee under the Credit Agreement or any other
Operative Agreement and (b) interest and Yield at the applicable Overdue Rate on any installment of Basic Rent not paid when due (subject to the applicable grace period) for the period for which the same shall be overdue and on any payment of
Supplemental Rent not paid when due or demanded by the appropriate Person for the period from the due date or the date of any such demand, as the case may be, until the same shall be paid. The expiration or other termination of Lessee’s
obligations to pay Basic Rent hereunder shall not limit or modify the obligations of Lessee with respect to Supplemental Rent. Unless expressly provided otherwise in this Lease, in the event of any failure on the part of Lessee to pay and discharge
any Supplemental Rent as and when due, Lessee shall also promptly pay and discharge any fine, penalty, interest or cost which may be assessed or added, pursuant to any Operative Agreement or otherwise, in each case for nonpayment or late payment of
such Supplemental Rent, all of which shall also constitute Supplemental Rent. 
 Section 3.4. Performance on a Non-Business Day.
If any Basic Rent is required hereunder on a day that is not a Business Day, then such Basic Rent shall be due on the corresponding Scheduled Interest Payment Date. If any Supplemental Rent is required hereunder on a day that is not a Business Day,
then such Supplemental Rent shall be due on the next succeeding Business Day. 
 Section 3.5. Rent Payment Provisions. Lessee
shall make payment of all Basic Rent and Supplemental Rent when due regardless of whether any of the Operative Agreements pursuant to which same is calculated and is owing shall have been rejected, avoided or disavowed in any bankruptcy or
insolvency proceeding involving any of the parties to any of the Operative Agreements. Such provisions of such Operative Agreements and their related definitions are incorporated herein by reference and shall survive any termination, amendment or
rejection of any such Operative Agreements. 

 ARTICLE IV 
 Section 4.1. Utility Charges; Taxes. Lessee shall pay or cause to be paid all charges for electricity, power, gas, oil, water, telephone, sanitary sewer service and all other rents and utilities used in or
on a Property and related real property during the Term. Lessee shall be entitled to receive any credit or refund with respect to any utility charge paid by Lessee, provided that Lessee must collect any such credit or refund from Lessor or
the respective utility company (as the case may be) and shall not be entitled to offset any such amount owed to Lessee against Rent payable by the Lessee hereunder. Unless a Lease Default or Lease Event of Default shall have occurred and be
continuing, the amount of any credit or refund received by Lessor on account of any utility charges paid by Lessee, net of the costs and expenses incurred by Lessor in obtaining such credit or refund, shall be promptly paid over to Lessee. In
addition, Lessee shall pay or cause to be paid all taxes or tax assessments against a Property. All charges for utilities and all taxes or tax assessments imposed with respect to a Property for a billing period (or in the cases of tax assessments, a
tax period) during which this Lease expires or terminates shall be adjusted and prorated on a daily basis between Lessor and Lessee, and each party shall pay or reimburse the other for such party’s pro rata share thereof. 
 ARTICLE V 
 Section 5.1. Quiet
Enjoyment. Subject to the rights of Lessor contained in Sections 17.2 and 17.3 and the other terms of this Lease and the other Operative Agreements and so long as no Lease Event of Default shall have occurred and be continuing,
Lessee shall peaceably and quietly have, hold and enjoy each Property for the applicable Term, free of any claim or other action by Lessor or anyone rightfully claiming by, through or under Lessor (other than Lessee) with respect to any matters
arising from and after the applicable Basic Term Commencement Date. 
 ARTICLE VI 
 Section 6.1. Net Lease. This Lease shall constitute a net lease. Lessee shall pay all operating expenses arising out of the use, operation or
occupancy of each Property. Any present or future law to the contrary notwithstanding, this Lease shall not terminate, nor shall Lessee be entitled to any abatement, suspension, deferment, reduction, setoff, counterclaim, or defense with respect to
the Rent, nor shall the obligations of Lessee hereunder be affected (except as expressly herein permitted and by performance of the obligations in connection therewith) by reason of: (a) any damage to or destruction of any Property or any part
thereof; (b) any taking of any Property or any part thereof or interest therein by Condemnation or otherwise; (c) any prohibition, limitation, restriction or prevention of Lessee’s use, occupancy or enjoyment of any Property or any
part thereof, or any interference with such use, occupancy or enjoyment by any Person or for any other reason; (d) any title defect, Lien or any matter affecting title to any Property; (e) any eviction by paramount title or otherwise;
(f) any default by Lessor hereunder; (g) any action for bankruptcy, insolvency, reorganization, liquidation, dissolution or other proceeding relating to or affecting the Agent, any Financing Party, Lessor, Lessee or any Governmental
Authority; (h) the impossibility or illegality of performance by Lessor, Lessee or both; (i) any action of any Governmental Authority or any other Person; (j) Lessee’s acquisition of ownership of all or part of any Property;
(k) breach of any warranty or representation with 

 
respect to any Property or any Operative Agreement; (l) any defect in the condition, quality or fitness for use of any Property or any part thereof; or
(m) any other cause or circumstance whether similar or dissimilar to the foregoing and whether or not Lessee shall have notice or knowledge of any of the foregoing. The foregoing clause (j) shall not prevent the termination of this
Lease in accordance with the terms hereof if the Lessee purchases all of the Properties pursuant to Section 20.1, or the termination of the Lease with respect to an individual Property if the Lessee purchases such Property pursuant to
Section 20.1. The parties intend that the obligations of Lessee hereunder shall be covenants, agreements and obligations that are separate and independent from any obligations of Lessor hereunder and shall continue unaffected unless such
covenants, agreements and obligations shall have been modified or terminated in accordance with an express provision of this Lease. Lessor and Lessee acknowledge and agree that the provisions of this Section 6.1 have been specifically
reviewed and subject to negotiation. 
 Section 6.2. No Termination or Abatement. Lessee shall remain obligated under this Lease
in accordance with its terms and shall not take any action to terminate, rescind or avoid this Lease, notwithstanding any action for bankruptcy, insolvency, reorganization, liquidation, dissolution, or other proceeding affecting Lessor, any other
Person or any Governmental Authority, or any action with respect to this Lease or any Operative Agreement which may be taken by any trustee, receiver or liquidator of Lessor, any other Person or any Governmental Authority or by any court with
respect to Lessor, any other Person or any Governmental Authority. Lessee hereby waives all right (a) to terminate or surrender this Lease (except as permitted under the terms of the Operative Agreements) or (b) to avail itself of any
abatement, suspension, deferment, reduction, setoff, counterclaim or defense with respect to any Rent. Lessee shall remain obligated under this Lease in accordance with its terms and Lessee hereby waives any and all rights now or hereafter conferred
by statute or otherwise to modify or to avoid strict compliance with its obligations under this Lease. Notwithstanding any such statute or otherwise, Lessee shall be bound by all of the terms and conditions contained in this Lease. 
 ARTICLE VII 
 Section 7.1.
Ownership of the Properties. 
 (a) Lessor and Lessee intend that for federal and all state and local income tax
purposes and other tax purposes, for bankruptcy purposes, creditor’s rights purposes, environmental law purposes, for purposes of exercising remedies against the Lessee or the Properties, and for all other legal purposes (A) this Lease
will be treated as a loan and financing arrangement and not a true lease, (B) Lessee will be treated as the owner of the Properties and will be entitled to all tax benefits ordinarily available to owners of property similar to the Properties
for such tax purposes, and (C) all payments of Basic Rent shall be deemed to be interest payments. Consistent with the foregoing, Lessee intends to claim depreciation and cost recovery deductions associated with the Property, and Lessor agrees
not to take any inconsistent position on its income tax returns. Neither Lessor, the Agent nor any Financing Party makes any representation or warranty with respect to the foregoing matters described in this Section 7.1 and will assume
no liability for the Lessee’s accounting or tax treatment of this transaction. 

 (b) Lessor and Lessee further intend and agree that, for the purpose of securing
Lessee’s obligations hereunder, (i) this Lease shall be deemed to be a security agreement and financing statement within the meaning of Article 9 of the Uniform Commercial Code respecting each of the Properties to the extent such is
personal property and an irrevocable grant and conveyance of a lien and mortgage on each of the Properties to the extent such is real property; (ii) the acquisition of title (or to the extent applicable, a leasehold interest) in each Property
referenced in Article II shall be deemed to be (A) a grant by Lessee to Lessor of a lien on and security interest in all of Lessee’s right, title and interest in and to each Property and all proceeds (including without limitation
insurance proceeds) of any of the Property, whether in the form of cash, investments, securities or other property, and (B) an assignment by Lessee to Lessor of all rents, profits and income produced by any of the Property; and
(iii) notifications to Persons holding such property, and acknowledgments, receipts or confirmations from financial intermediaries, bankers or agents (as applicable) of Lessee shall be deemed to have been given for the purpose of perfecting
such security interest under applicable law. Lessor and Lessee shall promptly take such actions as may be necessary or advisable in either party’s opinion (including without limitation the filing of Uniform Commercial Code Financing Statements
or Uniform Commercial Code Fixture Filings) to ensure that the lien and security interest in each Property will be deemed to be a perfected lien and security interest of first priority under applicable law and will be maintained as such throughout
the Term. 
 ARTICLE VIII 
 Section 8.1. Condition of the Properties. LESSEE ACKNOWLEDGES AND AGREES THAT IT IS LEASING EACH PROPERTY “AS IS” WITHOUT REPRESENTATION, WARRANTY OR COVENANT (EXPRESS OR IMPLIED) BY LESSOR AND IN EACH CASE SUBJECT TO
(A) THE EXISTING STATE OF TITLE, (B) THE RIGHTS OF ANY PARTIES IN POSSESSION THEREOF (IF ANY), (C) ANY STATE OF FACTS WHICH AN ACCURATE SURVEY OR PHYSICAL INSPECTION MIGHT SHOW, (D) ALL APPLICABLE LEGAL REQUIREMENTS AND
(E) VIOLATIONS OF LEGAL REQUIREMENTS WHICH MAY EXIST ON THE DATE OF THE APPLICABLE LEASE SUPPLEMENT OR THE DATE HEREOF. NEITHER LESSOR NOR THE AGENT NOR ANY FINANCING PARTY HAS MADE OR SHALL BE DEEMED TO HAVE MADE ANY REPRESENTATION, WARRANTY
OR COVENANT (EXPRESS OR IMPLIED) OR SHALL BE DEEMED TO HAVE ANY LIABILITY WHATSOEVER AS TO THE TITLE, VALUE, HABITABILITY, USE, CONDITION, DESIGN, OPERATION, MERCHANTABILITY OR FITNESS FOR USE OF ANY PROPERTY (OR ANY PART THEREOF), OR ANY OTHER
REPRESENTATION, WARRANTY OR COVENANT WHATSOEVER, EXPRESS OR IMPLIED, WITH RESPECT TO ANY PROPERTY (OR ANY PART THEREOF), AND NEITHER LESSOR NOR THE AGENT NOR ANY FINANCING PARTY SHALL BE LIABLE FOR ANY LATENT, HIDDEN, OR PATENT DEFECT THEREON OR THE
FAILURE OF ANY PROPERTY, OR ANY PART THEREOF, TO COMPLY WITH ANY LEGAL REQUIREMENT. THE LESSEE HAS OR WILL HAVE BEEN AFFORDED FULL OPPORTUNITY TO INSPECT EACH PROPERTY AND THE IMPROVEMENTS THEREON (IF ANY), IS OR WILL BE (INSOFAR AS THE LESSOR, THE
AGENT, EACH FINANCING PARTY ARE CONCERNED) SATISFIED WITH THE 

 
RESULTS OF ITS INSPECTIONS AND IS ENTERING INTO THIS LEASE SOLELY ON THE BASIS OF THE RESULTS OF ITS OWN INSPECTIONS, AND ALL RISKS INCIDENT TO THE MATTERS
DESCRIBED IN THE PRECEDING SENTENCE, AS BETWEEN THE LESSOR, THE AGENT, THE FINANCING PARTIES, ON THE ONE HAND, AND THE LESSEE, ON THE OTHER HAND, ARE TO BE BORNE BY LESSEE. 
 Section 8.2. Possession and Use of the Properties. 
 (a) At all times during the Term with respect to each Property, such Property shall be used by Lessee in the ordinary course of its
business. Lessee shall pay, or cause to be paid, all charges and costs required in connection with the use of the Properties as contemplated by this Lease. Lessee shall not commit or permit any waste of the Properties or any part thereof.

 (b) Lessee represents and warrants that its location (as defined in Section 9-307 of the Uniform Commercial Code of
any applicable jurisdiction) is Florida, and Lessee will provide Lessor with prior written notice of any change of such location. Regarding each Property, Lessee represents and warrants that each Lease Supplement correctly identifies the initial
location of the related Equipment and Improvements and contains an accurate legal description for the related parcel of Land. Lessee has no other places of business where the Equipment or Improvements will be located other than those identified on
the applicable Lease Supplement; provided that, so long as no Lease Event of Default shall have occurred and be continuing, it is understood that the Lessee may relocate any Equipment (not constituting fixtures) with an aggregate Property
Cost of $1,000,000 or less over the Term from any Property to another Property. 
 (c) Lessee will not attach or incorporate
any item of Equipment to or in any other item of equipment or personal property or to or in any real property (except the Land identified in the Lease Supplement in which such Equipment is also described) in a manner that could give rise to the
assertion of any Lien (other than a Permitted Lien) on such item of Equipment by reason of such attachment or the assertion of a claim that such item of Equipment has become a fixture and is subject to a Lien in favor of a third party that is prior
to the Liens thereon created by the Operative Agreements. 
 (d) Each Lease Supplement delivered under the terms of this Lease
contained, in regard to the relevant Property, an Equipment Schedule that had a complete description of each item of Equipment, an Improvement Schedule that had a complete description of each Improvement and a legal description of the Land, to be
leased hereunder as of the date of such Lease Supplement. Such Equipment, Improvements and Land have been accepted by Lessee for all purposes of this Lease and are subject to this Lease. 
 (e) At all times during the Term with respect to each Property, Lessee will comply with all obligations under, and (to the extent no Event
of Default has occurred and is continuing and provided that such exercise will not impair the value of such Property) shall be permitted to exercise all rights and remedies under, all operation and easement agreements and related or similar
agreements applicable to such Property. 

 ARTICLE IX 
 Section 9.1. Compliance with Legal Requirements and Insurance Requirements. Subject to the terms of Article XIII relating to permitted contests, Lessee, at its sole cost and expense, shall
(i) comply with all Legal Requirements (including without limitation all Environmental Laws), and all Insurance Requirements relating to the Properties, including the use, development, construction, operation, maintenance, repair, refurbishment
and restoration thereof, whether or not compliance therewith shall require structural or extraordinary changes in the Improvements or interfere with the use and enjoyment of the Properties, and (ii) procure, maintain and comply with all
licenses, permits, orders, approvals, consents and other authorizations required for the construction, use, maintenance and operation of the Properties and for the use, development, construction, operation, maintenance, repair and restoration of the
Improvements. 
 ARTICLE X 
 Section 10.1. Maintenance and Repair; Return. 
 (a) Lessee, at its sole cost and expense, shall maintain
each Property in good condition, repair and working order (ordinary wear and tear excepted) and make all necessary repairs thereto, of every kind and nature whatsoever, whether interior or exterior, ordinary or extraordinary, structural or
nonstructural, or foreseen or unforeseen, in each case as required by all Legal Requirements, Insurance Requirements, and manufacturer’s specifications and standards and on a basis consistent with the operation and maintenance of properties or
equipment comparable in type and function to the applicable Property and in compliance with standard industry practice, subject, however, to the provisions of Article XV with respect to Condemnation and Casualty. 
 (b) Lessee shall not move or relocate any component of any Property beyond the boundaries of the Land described in the applicable Lease
Supplement without Lessor’s prior written consent, which consent shall not be unreasonably withheld or delayed; provided that it is understood that the Lessee may relocate Equipment (not constituting fixtures) with an aggregate Property
Cost of $1,000,000 or less over the Term from any Property to another Property. 
 (c) If any material component of any
Property becomes worn out, lost, destroyed, damaged beyond repair or otherwise permanently rendered unfit for use, Lessee, at its own expense, will within a reasonable time replace such component with a replacement component which is free and clear
of all Liens (other than Permitted Liens) and has a value, utility and useful life at least equal to the component replaced. All components which are added to any Property (other than Severable Improvements not financed by Fundings) shall
immediately become the property of, and title thereto shall vest in, Lessor, and shall be deemed incorporated in such Property and subject to the terms of this Lease as if originally leased hereunder. Lessee may remove, without the Lessor’s
consent, any Severable Improvements that were not financed by Fundings so long as Lessee (at its own expense) repairs any damage to the Property as the result of such removal in accordance with the terms of this Section 10.1. 

 (d) Upon reasonable advance notice, Lessor and its agents shall have the right to inspect
each Property and all maintenance records with respect thereto at any reasonable time during normal business hours but shall not materially disrupt the business of Lessee and shall follow all security requirements and visitor’s rules.

 (e) Lessor or the Agent (at Lessee’s sole expense) may cause to be prepared (at Lessee’s sole expense) any
additional Appraisals (or reappraisals) as Lessor or the Agent may deem appropriate (i) if a Lease Event of Default or a Guaranty Event of Default has occurred and is continuing, or (ii) if any one of Lessor, the Agent or, any Financing
Party is required pursuant to any applicable Legal Requirement to obtain such an Appraisal (or reappraisal). 
 (f) Lessor
shall under no circumstances be required to build any improvements on any Property, make any repairs, replacements, alterations or renewals of any nature or description to any Property, make any expenditure whatsoever in connection with this Lease
or maintain any Property in any way. Lessor shall not be required to maintain, repair or rebuild all or any part of any Property, and Lessee waives the right to (i) require Lessor to maintain, repair, or rebuild all or any part of any Property
(unless such repairs are needed to cure damage to a Property caused by the gross negligence or willful misconduct of the Lessor), or (ii) make repairs at the expense of Lessor pursuant to any Legal Requirement, Insurance Requirement, contract,
agreement, covenants, condition or restriction at any time in effect. 
 (g) Lessee shall, upon the expiration of the Term or
earlier termination of this Lease with respect to a Property, if Lessee shall not have exercised its Purchase Option with respect to such Property, surrender such Property to Lessor, or the third party purchaser, as the case may be, subject to
Lessee’s obligations under this Lease (including without limitation Sections 9.1, 10.1(a)-(f), 10.2, 11.1, 12.1, 15.1, 22.1 and 23.1). 
 Section 10.2. Environmental Inspection. If Lessee has given notice pursuant to Section 20.1(b) of its election to remarket the
Properties pursuant to Section 22.1, not more than one hundred twenty (120) days nor less than sixty (60) days prior to the Expiration Date, Lessee shall, if requested by Lessor and the Agent, at Lessee’s sole cost and
expense, provide to Lessor and the Agent a report by a reputable environmental consultant selected by Lessee, which report shall be in form and substance reasonably satisfactory to Lessor and the Agent and shall include without limitation a
“Phase I” environmental report (or update of a prior “Phase I” report that was previously delivered to the Lessor and the Agent) on each of the Properties. If the report delivered pursuant to the preceding sentence recommends
that a “Phase II” report or other supplemental report be obtained, the Lessee shall, at its own cost and expense, not less than thirty (30) days prior to the Expiration Date, provide to Lessor and the Agent such “Phase II”
or other report, in form and substance reasonably satisfactory to Lessor and the Agent. If Lessee fails to provide such Phase I, Phase II or other supplemental reports with respect to any Property within the time periods required by this
Section 10.2, or if such report or reports are not satisfactory in scope or content to the Agent or the Lessor (in their sole discretion), then notwithstanding any other provision of this Lease, Lessor may require Lessee to purchase all
of the Properties on the Expiration Date for the Termination Value thereof, plus all Rent due and payable, and all other amounts due and owing under any Operative Agreement. 

 ARTICLE XI 
 Section 11.1. Modifications. Lessee at its sole cost and expense, at any time and from time to time without the consent of Lessor may make alterations, renovations, improvements and additions to any
Property or any part thereof and substitutions and replacements therefor (collectively, “Modifications”) (and shall make any Modification required by applicable Legal Requirements or by any Governmental Authority); provided,
that: (i) except for any Modification required to be made pursuant to a Legal Requirement, no Modification shall materially impair the value, utility or useful life of any Property from that which existed immediately prior to such Modification;
(ii) the Modification shall be done expeditiously and in a good and workmanlike manner; (iii) Lessee shall comply with all Legal Requirements (including all Environmental Laws) and Insurance Requirements applicable to the Modification,
including without limitation the obtaining of all permits and certificates of occupancy, and the structural integrity of any Property shall not be adversely affected; (iv) to the extent required by Section 14.2(a), Lessee shall
maintain builders’ risk insurance at all times when a Modification is in progress; (v) subject to the terms of Article XIII relating to permitted contests, Lessee shall pay all costs and expenses and discharge any Liens (other than
Permitted Liens) arising with respect to the Modification; (vi) such Modification shall comply with the requirements of this Lease (including without limitation Sections 8.2 and 10.1); and (vii) no Improvements shall be
demolished unless (x) such Improvement is a Severable Improvement and (y) Lessee shall finance the proposed Modification outside of this lease facility. Modifications that are Severable Improvements shall become property of the Lessee, and
title to such Modifications shall rest with the Lessee. Except as set forth in the immediately preceding sentence, title to each Modification shall immediately vest in Lessor, and each such Modification shall be subject to this Lease. 
 ARTICLE XII 
 Section 12.1.
Warranty of Title. 
 (a) Lessee agrees that, except as otherwise provided herein and subject to the terms of
Article XIII relating to permitted contests, Lessee shall not directly or indirectly create or allow to remain, and shall promptly discharge at its sole cost and expense, (i) any Lien, defect, attachment, levy, title retention agreement
or claim upon any Property or any Modifications or (ii) any Lien, attachment, levy or claim with respect to the Rent or with respect to any amounts held by the Agent pursuant to the Credit Agreement, in each case other than Permitted Liens and
Lessor Liens. Lessee shall promptly notify Lessor in the event it receives actual knowledge that a Lien other than a Permitted Lien or Lessor Lien has occurred with respect to a Property, and Lessee represents and warrants to, and covenants with,
Lessor that the Liens in favor of the Lessor created by the Operative Agreements are first priority perfected Liens subject only to Permitted Liens. 
 (b) Nothing contained in this Lease shall be construed as constituting the consent or request of Lessor, expressed or implied, to or for the performance by any contractor, mechanic, laborer, materialman, supplier or
vendor of any labor or services or for the furnishing of any materials for any construction, alteration, addition, repair or demolition of or to any Property or any part thereof. NOTICE IS HEREBY GIVEN 

 
THAT LESSOR IS NOT AND SHALL NOT BE LIABLE FOR ANY LABOR, SERVICES OR MATERIALS FURNISHED OR TO BE FURNISHED TO LESSEE, OR TO ANYONE HOLDING A PROPERTY OR
ANY PART THEREOF THROUGH OR UNDER LESSEE, AND THAT NO MECHANIC’S OR OTHER LIENS FOR ANY SUCH LABOR, SERVICES OR MATERIALS SHALL ATTACH TO OR AFFECT THE INTEREST OF LESSOR IN AND TO ANY PROPERTY. 
 ARTICLE XIII 
 Section 13.1.
Permitted Contests Other Than in Respect of Indemnities. Except to the extent otherwise provided for in Section 10 of the Participation Agreement, Lessee, on its own or on Lessor’s behalf but at Lessee’s sole cost and expense,
may contest, by appropriate administrative or judicial proceedings conducted in good faith and with due diligence, the amount, validity or application, in whole or in part, of any Legal Requirement, or utility charges payable pursuant to
Section 4.1 or any Lien, attachment, levy, encumbrance or encroachment, and Lessor agrees not to pay, settle or otherwise compromise any such item, provided that (a) the commencement and continuation of such proceedings shall
suspend the collection of any such contested amount from, and suspend the enforcement thereof against, the applicable Properties, Lessor, the Agent and each Financing Party; (b) there shall not be imposed a Lien (other than Permitted Liens) on
any Property and no part of any Property nor any Rent shall be in any danger of being sold, forfeited, lost or deferred; (c) at no time during the permitted contest shall there be a risk of the imposition of criminal liability or material civil
liability on Lessor, the Agent or any Financing Party for failure to comply therewith; and (d) in the event that, at any time, there shall be a material risk of extending the application of such item beyond the end of the Term, then Lessee
shall deliver to Lessor an Officer’s Certificate certifying as to the matters set forth in clauses (a), (b) and (c) of this Section 13.1. Lessor, at Lessee’s sole cost and expense, shall execute
and deliver to Lessee such authorizations and other documents as may reasonably be required in connection with any such contest and, if reasonably requested by Lessee, shall join as a party therein at Lessee’s sole cost and expense. 

ARTICLE XIV 
 Section 14.1.
Public Liability and Workers’ Compensation Insurance. During the Term of each Property, Lessee shall procure and carry, at Lessee’s sole cost and expense, commercial general liability insurance for claims for injuries or death
sustained by persons or damage to property while on the Properties or the premises where the Equipment is located and such other public liability coverages as are then customarily carried by similarly situated companies conducting business similar
to that conducted by Lessee. Such insurance shall be on terms and in amounts (and with deductibles and limitations on coverage) that are (a) reasonably satisfactory to Lessor and the Agent and (b) no less favorable than insurance
maintained by Lessee with respect to similar properties and equipment that it owns and are then carried by similarly situated companies conducting business similar to that conducted by Lessee. The policies shall be endorsed to name Lessor, the Agent
and the Financing Parties as additional insureds. The policies shall also specifically provide that such policies shall be considered primary insurance which shall apply to any loss or claim before any contribution by any insurance which Lessor, the
Agent or any Financing Party may have in force. Lessee shall, in the operation of the Properties, comply with the applicable workers’ compensation laws and protect Lessor, the Agent and each Financing Party against any liability under such
laws. 

 Section 14.2. Hazard and Other Insurance. 
 (a) During the Term for each Property, Lessee shall keep, or cause to be kept, such Property insured against loss or damage by fire and
all other risks, and shall maintain builders’ risk insurance during construction of any Improvements or Modifications, in each case in amounts not less than the replacement value from time to time of such Property and on terms that (i) are
no less favorable than insurance covering other similar properties owned by Lessee and (ii) are then carried by similarly situated companies conducting business similar to that conducted by Lessee. The policies shall be endorsed to name Lessor
and the Agent (for itself and on behalf of the Financing Parties), to the extent of their respective interests, as additional insureds and loss payees; provided, that so long as no Lease Event of Default has occurred and is continuing, any
loss payable under the insurance policies required by this Section will be paid to Lessee. 
 (b) If during the Term with
respect to a Property the area in which such Property is located is designated a “flood-prone” area pursuant to the Flood Disaster Protection Act of 1973, or any amendments or supplements thereto, then Lessee shall comply with the National
Flood Insurance Program as set forth in the Flood Disaster Protection Act of 1973. In addition, Lessee will fully comply with the requirements of the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973, as each may be
amended from time to time, and with any other Legal Requirement concerning flood insurance to the extent that it may apply to any such Property. 
 Section 14.3. Coverage. 
 (a) As of the date of this Lease and annually thereafter, Lessee shall furnish
Lessor and the Agent with certificates prepared by the insurers or insurance broker of Lessee showing the insurance required under Sections 14.1 and 14.2 to be in effect, naming (except with respect to workers’ compensation
insurance) Lessor, the Agent and each Financing Party as an additional insured on all insurance described in Section 14.1, and the Agent (for itself and on behalf of the Financing Parties) as additional insured and loss payee on all
insurance described in Section 14.2, and in each case evidencing the other requirements of this Article XIV. All such insurance shall be at the cost and expense of Lessee and provided by nationally recognized, financially sound
insurance companies with an A.M. Best rating of not less than A- (A minus). Such certificates shall include a provision for thirty (30) days’ advance written notice by the insurer to Lessor and the Agent in the event of cancellation or
material alteration of such insurance. If a Lease Event of Default has occurred and is continuing and Lessor so requests, Lessee shall deliver to Lessor copies of all insurance policies required by Sections 14.1 and 14.2. 

(b) Lessee agrees that any insurance policy required by Sections 14.1, 14.2(a) and 14.2(b) shall include an
appropriate provision that in respect of the interests of each additional insured, such policy will not be invalidated should Lessee waive any or all rights of recovery against any party for losses covered by such policy or due to any 

 
breach of warranty, fraud, action, inaction or misrepresentation by Lessee or any Person acting on behalf of Lessee. Lessee hereby waives any and all such
rights against the Lessor, the Agent and the Financing Parties to the extent of payments made to any such Person under any such policy. 
 (c) Neither Lessor nor Lessee shall carry separate insurance concurrent in kind or form or contributing in the event of loss with any insurance required under this Article XIV, except that Lessor may carry
separate liability insurance at Lessor’s sole cost so long as (i) Lessee’s insurance is designated as primary and in no event excess or contributory to any insurance Lessor may have in force which would apply to a loss covered under
Lessee’s policy and (ii) each such insurance policy will not cause Lessee’s insurance required under this Article XIV to be subject to a coinsurance exception of any kind. 
 (d) Lessee shall pay as they become due all premiums for the insurance required by Section 14.1 and Section 14.2,
shall renew or replace each policy prior to the expiration date thereof, and shall otherwise maintain the coverage required by such Sections without any lapse in coverage. 
 Section 14.4. Additional Insurance Requirements. Without limiting the generality of Sections 14.1 through 14.3 above or any
other provision of any Operative Agreement, Lessee shall obtain any and all additional insurance policies with regard to the Properties or otherwise with respect to the transactions contemplated by the Operative Agreements, as requested from time to
time by Lessor. 
 ARTICLE XV 
 Section 15.1. Casualty and Condemnation. 
 (a) Subject to the provisions of this Article XV and
Article XVI (in the event Lessee delivers, or is obligated to deliver, a Termination Notice), and prior to the occurrence and continuation of a Lease Default or Lease Event of Default, Lessee shall be entitled to receive (and Lessor hereby
irrevocably assigns to Lessee all of Lessor’s right, title and interest in) any award, compensation or insurance proceeds under Sections 14.2(a) or (b) to which Lessee or Lessor may become entitled by reason of their
respective interests in a Property (i) if all or a portion of such Property is damaged or destroyed in whole or in part by a Casualty or (ii) if the use, access, occupancy, easement rights or title to such Property or any part thereof is
the subject of a Condemnation; provided, however, if a Lease Default or Lease Event of Default shall have occurred and be continuing such award, compensation or insurance proceeds shall be paid directly to Lessor or, if received by
Lessee, shall be held in trust for Lessor, and shall be paid over by Lessee to Lessor and held in accordance with the terms of this paragraph (a). All amounts held by Lessor hereunder on account of any award, compensation or insurance
proceeds either paid directly to Lessor or turned over to Lessor shall be held as security for the performance of Lessee’s obligations hereunder. 

 (b) Lessee may appear in any proceeding or action to negotiate, prosecute, adjust or
appeal any claim for any award, compensation or insurance payment on account of any such Casualty or Condemnation and shall pay all expenses thereof. At Lessee’s reasonable request, and at Lessee’s sole cost and expense, Lessor and the
Agent shall participate in any such proceeding, action, negotiation, prosecution or adjustment. Lessor and Lessee agree that this Lease shall control the rights of Lessor and Lessee in and to any such award, compensation or insurance payment.

 (c) If Lessee shall receive notice of a Casualty or a possible Condemnation of a Property or any interest therein where
damage to the affected Property is estimated to equal or exceed ten percent (10%) of the Property Cost of such Property, Lessee shall give notice thereof to the Lessor and to the Agent promptly after the receipt of such notice. 
 (d) In the event of a Casualty or a Condemnation (regardless of whether notice thereof must be given pursuant to
paragraph (c)), this Lease shall terminate with respect to the applicable Property in accordance with Section 16.1 if Lessee, within thirty (30) days after such occurrence, delivers to Lessor and the Agent a Termination
Notice to such effect. 
 (e) If, pursuant to this Section 15.1, this Lease shall continue in full force and
effect following a Casualty or Condemnation with respect to the affected Property, Lessee shall, at its sole cost and expense and using, if available, the proceeds of any award, compensation or insurance with respect to such Casualty or Condemnation
(including, without limitation, any such award, compensation or insurance which has been received by the Agent and which should be turned over to Lessee pursuant to the terms of the Operative Agreements, and if not available or sufficient, using its
own funds), promptly and diligently repair any damage to the applicable Property caused by such Casualty or Condemnation in conformity with the requirements of Sections 10.1 and 11.1, using the as-built plans and specifications or
manufacturer’s specifications for the applicable Improvements or Equipment (as modified to give effect to any subsequent Modifications, any Condemnation affecting the Property and all applicable Legal Requirements), so as to restore the
applicable Property to substantially the same condition, operation, function and value as existed immediately prior to such Casualty or Condemnation. In such event, title to the applicable Property shall remain with Lessor. 
 (f) In no event shall a Casualty or Condemnation with respect to which this Lease remains in full force and effect under this
Section 15.1 affect Lessee’s obligations to pay Rent pursuant to Section 3.1. 
 (g)
Notwithstanding anything to the contrary set forth in Section 15.1(a) or Section 15.1(e), if during the Term with respect to a Property a Casualty occurs with respect to such Property or Lessee receives notice of a
Condemnation with respect to such Property, and following such Casualty or Condemnation, (i) the applicable Property cannot reasonably be restored, repaired or replaced on or before the 180th day prior to the Expiration Date to substantially
the same condition as existed immediately prior to such Casualty or Condemnation, or (ii) on or before such day such Property is not in fact so 

 
restored, repaired or replaced, then Lessee shall be required to purchase such Property on the next Payment Date and pay Lessor the Termination Value for
such Property, plus any and all Rent then due and owing, plus all other amounts then due and owing (including without limitation amounts described in clause FIRST of Section 22.2). 
 Section 15.2. Environmental Matters. Promptly upon Lessee’s actual knowledge of the presence of Hazardous Substances in any portion of
any Property (or in any other property that is not subject to this Lease if Lessee has reason to believe that such Hazardous Substances may be caused by an emission from or on, or a condition on, any Property) in concentrations and conditions that
constitute an Environmental Violation and as to which, in the reasonable opinion of Lessee, the cost to undertake any legally required response, clean up, remedial or other action might result in a cost to Lessee or loss in the value of such
Property of more than $100,000, Lessee shall notify Lessor in writing of such condition. In the event of any Environmental Violation (regardless of whether notice thereof must be given to Lessor pursuant to the preceding sentence), Lessee shall, not
later than sixty (60) days after Lessee has actual knowledge of such Environmental Violation, either deliver to Lessor a Termination Notice with respect to the applicable Property or Properties pursuant to Section 16.1, if
applicable, or, at Lessee’s sole cost and expense, promptly and diligently undertake and complete any response, clean up, remedial or other action necessary to remove, cleanup or remediate the Environmental Violation in accordance with all
Environmental Laws. If Lessee does not deliver a Termination Notice with respect to such Property pursuant to Section 16.1, Lessee shall, upon completion of remedial action by Lessee, cause to be prepared by a reputable environmental
consultant acceptable to Lessor a report describing the Environmental Violation and the actions taken by Lessee (or its agents) in response to such Environmental Violation, and a statement by the consultant that the Environmental Violation has been
remedied in full compliance with applicable Environmental Law. 
 Section 15.3. Notice of Environmental Matters. Promptly, but in
any event within thirty (30) days from the date Lessee has actual knowledge thereof, Lessee shall provide to Lessor written notice of any pending or threatened Environmental Claim involving any Environmental Law or any Release on or in
connection with any Property. All such notices shall describe in reasonable detail the nature of the claim, action or proceeding and Lessee’s proposed response thereto. In addition, Lessee shall provide to Lessor, within five (5) Business
Days of receipt, copies of all material written communications with any Governmental Authority relating to any Environmental Law in connection with any Property. Lessee shall also promptly provide such detailed reports of any such material
Environmental Claims as may reasonably be requested by Lessor. 
 ARTICLE XVI 
 Section 16.1. Termination Upon Certain Events. If any of the following occur: (i) If the requirements of Section 15.1(c) are
satisfied, or (ii) if the requirements of Section 15.1(d) are satisfied and Lessee has determined pursuant to such section that following the applicable Casualty or Condemnation this Lease shall terminate with respect to the
affected Property, or (iii) Lessee has determined pursuant to the second sentence of Section 15.2 that, due to the occurrence of an Environmental Violation, this Lease shall terminate with respect to the affected Property, then
Lessee shall be obligated to deliver, within sixty (60) days of its receipt of notice 

 
of the applicable Condemnation or the occurrence of the applicable Casualty or Environmental Violation, a written notice to the Lessor in the form described
in Section 16.2(a) (a “Termination Notice”) of the termination of this Lease with respect to the applicable Property. 
 Section 16.2. Procedures. 
 (a) A Termination Notice shall contain: (i) notice of termination of
this Lease with respect to the affected Property on a Payment Date not more than sixty (60) days after Lessor’s receipt of such Termination Notice (the “Termination Date”); and (ii) a binding and irrevocable agreement
of Lessee to pay the Termination Value for the applicable Property, any and all Rent then due and owing and all other amounts then due and owing from Lessee under any of the Operative Agreements (including without limitation amounts described in
clause FIRST of Section 22.2) and purchase such Property on such Termination Date. 
 (b) On each
Termination Date, Lessee shall pay to Lessor the Termination Value for the applicable Property, any and all Rent then due and owing and all other amounts then due and owing from Lessee under any of the Operative Agreements (including without
limitation amounts described in clause FIRST of Section 22.2), and Lessor shall convey such Property, or the remaining portion thereof, if any, to Lessee (or Lessee’s designee), all in accordance with Section 19.1.

 ARTICLE XVII 
 Section 17.1. Lease Events of Default. If any one or more of the following events (each a “Lease Event of Default”) shall occur: 
 (a) Lessee shall fail to make payment of (i) any Basic Rent on the date the same is due or (ii) any Termination Value or Maximum
Residual Guaranty Amount, on the date any such payment is due, or any payment of Basic Rent or Supplemental Rent due on the due date of any such payment of Termination Value or Maximum Residual Guaranty Amount, or any amount due on the Expiration
Date; 
 (b) Lessee shall fail to make payment of any Supplemental Rent (other than Supplemental Rent referred to in
Section 17(a)(ii)) due and payable within three (3) days after receipt of notice that such payment is due; 
 (c) Lessee shall fail to maintain insurance of the types, in the respective amounts and coverages, with the respective loss payees, additional insureds and insurors required by Article XIV; 
 (d) Lessee or any Guarantor shall fail to observe or perform any term, covenant or provision (including without limitation the
Incorporated Covenants) under this Lease or any other Operative Agreement to which Lessee or such Guarantor is a party other than those set forth in Sections 17.1(a), (b), (c) or (g), and such failure shall remain
uncured for a period of thirty (30) days after the earlier of receipt of written notice from Lessor thereof or a Responsible Officer of Lessee becomes aware of such failure; 

 (e) The breach of any financial covenant or negative covenant set forth or incorporated
by reference in Section 7.3A of the Participation Agreement (including without limitation any covenant set forth in Article VII or Article VIII of the Amended Tech Data Credit Agreement, to the extent incorporated by reference in
Section 7.3A of the Participation Agreement); 
 (f) Other Defaults. The Lessee or any Guarantor fails to
perform or observe any other covenant or agreement (not specified in subsection (a) through (e) above) contained in any Operative Agreement on its part to be performed or observed and such failure continues for 30 days;

 (g) Representations and Warranties. Any representation, warranty, certification or
statement of fact made or deemed made by or on behalf of the Lessee or any Guarantor herein, in any other Operative Agreement, or in any document delivered in connection herewith or therewith shall be incorrect or misleading in any material respect
when made or deemed made; 
 (h) Cross-Default. (i) The Lessee, any Guarantor or any Subsidiary (A) fails to
make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness or Guarantee (other than Indebtedness hereunder and Indebtedness under Swap Contracts) having an
aggregate principal amount of more than the Threshold Amount, or (B) fails to observe or perform any other agreement or condition relating to any such Indebtedness or Guarantee or contained in any instrument or agreement evidencing, securing or
relating thereto, or any other event occurs, the effect of which default or other event is to cause, or to permit the holder or holders of such Indebtedness or the beneficiary or beneficiaries of such Guarantee (or a trustee or agent on behalf of
such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required, such Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer
to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity, or such Guarantee to become payable or cash collateral in respect thereof to be demanded; (ii) there occurs under any Swap Contract an Early
Termination Date (as defined in such Swap Contract) resulting from (A) any event of default under such Swap Contract as to which the Lessee or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or (B) any Termination
Event (as so defined) under such Swap Contract as to which the Lessee or any Subsidiary is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by the Lessee or such Subsidiary as a result thereof is greater than
the Threshold Amount; (iii) there occurs a Termination Event (as defined in the Transfer and Administration Agreement identified in the definition of Existing Trade Receivables Facilities) under the Transfer and Administration Agreement which
Termination Event is not cured or waived; (iv) there occurs a termination event or event of default under any Permitted Trade Receivables Facility which termination event or event of default is not cured or waived within any applicable grace
period; (v) there occurs any event of default under the Amended Tech Data Credit Agreement which is not cured or waived within any applicable grace period, or (vi) there occurs any event of default under any Senior Parity Debt which is not
cured or waived within any applicable grace period; 

 (i) Insolvency Proceedings, Etc. The Lessee, any Guarantor or any of their
Subsidiaries institutes or consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors; or applies for or consents to the appointment of any receiver, trustee, custodian,
conservator, liquidator, rehabilitator or similar officer for it or for all or any material part of its property; or any receiver, trustee, custodian, conservator, liquidator, rehabilitator or similar officer is appointed without the application or
consent of such Person and the appointment continues undischarged or unstayed for 60 calendar days; or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the
consent of such Person and continues undismissed or unstayed for 60 calendar days, or an order for relief is entered in any such proceeding; provided, however, that if a Foreign Subsidiary is being liquidated in a transaction otherwise
permitted by the Operative Agreements and not involving (i) the bankruptcy, insolvency, or any failure to pay obligations of such Subsidiary, the Lessee or any other Subsidiary, (ii) the application of any Debtor Relief Law, or
(iii) any claim of any creditor, and if applicable foreign Law requires the appointment of a liquidator to accomplish such liquidation in the jurisdiction where such Foreign Subsidiary is organized, then the mere appointment and operation of a
liquidator for such purpose in such circumstances shall not constitute an Event of Default under this clause (i); 
 (j) Inability to Pay Debts; Attachment. (i) The Lessee or any Subsidiary becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or
execution or similar process is issued or levied against all or any material part of the property of any such Person and is not released, vacated or fully bonded within 30 days after its issue or levy; 
 (k) Judgments. There is entered against the Lessee, any Guarantor or any Subsidiary (i) a final judgment or order for the
payment of money in an aggregate amount exceeding the Threshold Amount (to the extent not covered by insurance provided by a Person described in Section 7.07 of the Amended Tech Data Credit Agreement as to which the insurer (and any insurance
or reinsurance company reinsuring any such exposure) does not dispute coverage), or (ii) any one or more non-monetary final judgments that have, or could reasonably be expected to have, individually or in the aggregate, a Material Adverse
Effect and, in either case, (A) enforcement proceedings are commenced by any creditor upon such judgment or order, or (B) there is a period of 30 consecutive days during which a stay of enforcement of such judgment, by reason of a pending
appeal or otherwise, is not in effect; 
 (l) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or
Multiemployer Plan which has resulted or could reasonably be expected to result in liability of the Lessee under Title IV of ERISA to the Pension Plan, Multiemployer Plan or the PBGC in an aggregate amount in excess of the Threshold Amount, or
(ii) the Lessee or any ERISA Affiliate fails to pay when due, after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan in
an aggregate amount in excess of the Threshold Amount; 

 (m) Invalidity of Loan Documents. Any Operative Agreement, at any time after its
execution and delivery and for any reason other than as expressly permitted hereunder or satisfaction in full of all the Obligations, ceases to be in full force and effect; or Lessee or any Guarantor contests in any manner the validity or
enforceability of any Operative Agreement; or Lessee or any Guarantor denies that it has any or further liability or obligation under any Operative Agreement, or purports to revoke, terminate or rescind any Operative Agreement; 
 (n) Change of Control. There occurs any Change of Control with respect to the Lessee; 
 (o) Any material Environmental Violation shall have occurred and be continuing; or 
 (p) Any material adverse change in (i) the business, condition (financial or otherwise) assets, liabilities or operations of the
Lessee or any of its Subsidiaries, (ii) the ability of the Lessee or any of their Subsidiaries to perform its respective obligations under any Operative Agreement to which it is a party, or (iii) the validity, priority or enforceability of
any Lien on any Property created by any of the Operative Agreements, 
 then, in any such event, Lessor may, in addition to the other rights
and remedies provided for in this Article XVII and in Section 18.1, terminate this Lease by giving Lessee fifteen (15) days notice of such termination, and this Lease shall terminate, and all rights of Lessee under this Lease
shall cease. Lessee shall, to the fullest extent permitted by law, pay as Supplemental Rent all costs and expenses incurred by or on behalf of Lessor, including without limitation reasonable fees and expenses of counsel, as a result of any Lease
Event of Default hereunder. 
 Section 17.2. Surrender of Possession. If a Lease Event of Default shall have occurred and be
continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall, upon thirty (30) days written notice, surrender to Lessor possession of the Properties. Lessor may enter upon and repossess
the Properties by such means as are available at law or in equity, and may remove Lessee and all other Persons and any and all personal property and Lessee’s equipment and personalty and Severable Improvements from the Properties. Lessor shall
have no liability by reason of any such entry, repossession or removal performed in accordance with applicable law. Upon the written demand of Lessor, Lessee shall return the Properties promptly to Lessor, in the manner and condition required by,
and otherwise in accordance with the provisions of, Section 22.1(c). During the five (5) days immediately following the repossession of any Property by the Lessor pursuant to Section 17.2, Lessee may, under the
supervision of the Lessor and during business hours, remove Lessee’s equipment and personalty and Severable Improvements not funded with the proceeds of Fundings. 
 Section 17.3. Reletting. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, 

 
Lessor may, but shall be under no obligation to, relet any or all of the Properties, for the account of Lessee or otherwise, for such term or terms (which
may be greater or less than the period which would otherwise have constituted the balance of the Term) and on such conditions (which may include concessions or free rent) and for such purposes as Lessor may determine, and Lessor may collect, receive
and retain the rents resulting from such reletting. Lessor shall not be liable to Lessee for any failure to relet any Property or for any failure to collect any rent due upon such reletting. 
 Section 17.4. Damages. Neither (a) the termination of this Lease as to all or any of the Properties pursuant to
Section 17.1; (b) the repossession of all or any of the Properties; nor (c) the failure of Lessor to relet all or any of the Properties, the reletting of all or any portion thereof, nor the failure of Lessor to collect or
receive any rentals due upon any such reletting, shall relieve Lessee of its liabilities and obligations hereunder, all of which shall survive any such termination, repossession or reletting. If any Lease Event of Default shall have occurred and be
continuing and notwithstanding any termination of this Lease pursuant to Section 17.1, Lessee shall forthwith pay to Lessor all Rent and other sums due and payable hereunder to and including the date of such termination. Thereafter, on
the days on which the Basic Rent or Supplemental Rent, as applicable, are payable under this Lease or would have been payable under this Lease if the same had not been terminated pursuant to Section 17.1 and until the end of the Term
hereof or what would have been the Term in the absence of such termination, Lessee shall pay Lessor, as current liquidated damages (it being agreed that it would be impossible accurately to determine actual damages) an amount equal to the Basic Rent
and Supplemental Rent that are payable under this Lease or would have been payable by Lessee hereunder if this Lease had not been terminated pursuant to Section 17.1, provided that Lessee’s obligation to make payments of
Basic Rent and Supplemental Rent under this Section 17.4 shall continue only so long as Lessor shall not have received the amounts specified in Section 17.5. The amount of Lessee’s liabilities and obligations under this
Lease shall not be reduced or offset by any proceeds Lessor may receive from any reletting of any Property, except that the net proceeds, if any, which are actually received by Lessor from reletting of any Property shall be offset against the final
liquidated damages amount specified in Section 17.5. In calculating the amount of such net proceeds from reletting, there shall be deducted all of Lessor’s, the Agent’s and any Financing Party’s reasonable expenses in
connection therewith, including repossession costs, brokerage or sales commissions, fees and expenses of counsel and any necessary repair or alteration costs and expenses incurred in preparation for such reletting. To the extent Lessor receives any
damages pursuant to this Section 17.4, such amounts shall be regarded as amounts paid on account of Rent. Lessee specifically acknowledges and agrees that its obligations under this Section 17.4 shall be absolute and
unconditional under any and all circumstances and shall be paid or performed, as the case may be, without notice or demand and without any abatement, reduction, diminution, setoff, defense, counterclaim or recoupment whatsoever. 
 Section 17.5. Final Liquidated Damages. If a Lease Event of Default shall have occurred and be continuing, whether or not this Lease shall
have been terminated pursuant to Section 17.1 and whether or not Lessor shall have collected any current liquidated damages pursuant to Section 17.4, Lessor shall have the right to recover, by demand to Lessee and at
Lessor’s election, and Lessee shall pay to Lessor, as and for final liquidated damages, but exclusive of the indemnities payable under Section 10 of the Participation Agreement, and in lieu of all current liquidated damages beyond the date
of such demand (it being agreed that it would 

 
be impossible accurately to determine actual damages) the sum of (a) the Termination Value for all Properties remaining under this Lease, plus
(b) all other amounts owing in respect of Rent, Supplemental Rent and other amounts then due and payable by Lessee under this Lease or any other Operative Agreement. It is intended and agreed that the foregoing amount is and will be liquidated
damages and not a penalty. Upon payment of the amount specified pursuant to the first sentence of this Section 17.5, Lessee shall be entitled to receive from Lessor, either at Lessee’s request or upon Lessor’s election, in
either case at Lessee’s cost, an assignment of Lessor’s entire right, title and interest in and to the Properties, the Improvements, Fixtures, Modifications and Equipment, in each case in recordable form and otherwise in conformity with
local custom and free and clear of the Lien of this Lease (including the release of any memoranda of Lease or the Lease Supplement recorded in connection therewith) and any Lessor Liens. The Properties shall be conveyed to Lessee “AS IS”
“WHERE IS” and in their then present physical condition. If any statute or rule of law shall limit the amount of such final liquidated damages to less than the amount agreed upon, Lessor shall be entitled to the maximum amount allowable
under such statute or rule of law; provided, however, Lessee shall not be entitled to receive an assignment of Lessor’s interest in the Properties, the Improvements, Fixtures, Modifications or Equipment or documents unless Lessee
shall have paid in full the Termination Value and all other amounts due and owing by Lessee hereunder and under the other Operative Agreements. Lessee specifically acknowledges and agrees that its obligations under this Section 17.5
shall be absolute and unconditional under any and all circumstances and shall be paid or performed, as the case may be, without notice or demand (except as otherwise specifically provided herein) and without any abatement, reduction, diminution,
setoff, defense, counterclaim or recoupment whatsoever. 
 Section 17.6. Waiver of Certain Rights. If this Lease shall be
terminated pursuant to Section 17.1, Lessee waives, to the fullest extent permitted by law, (a) any notice of re-entry or the institution of legal proceedings to obtain re-entry or possession; (b) any right of redemption,
re-entry or possession; (c) the benefit of any laws now or hereafter in force exempting property from liability for rent or for debt; and (d) any other rights which might otherwise limit or modify any of Lessor’s rights or remedies
under this Article XVII. 
 Section 17.7. Assignment of Rights Under Contracts. If a Lease Event of Default shall have
occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee shall upon Lessor’s demand immediately assign, transfer and set over to Lessor all of Lessee’s right,
title and interest in and to each agreement executed by Lessee in connection with the purchase, construction, development, use or operation of the Properties (including, without limitation, all right, title and interest of Lessee with respect to all
warranty, performance, service and indemnity provisions), as and to the extent that the same relate to the purchase, construction, use and operation of the Properties. 
 Section 17.8. Environmental Costs. If a Lease Event of Default shall have occurred and be continuing, and whether or not this Lease shall have been terminated pursuant to Section 17.1, Lessee
shall pay directly to any third party (or at Lessor’s election, reimburse Lessor) for the cost of any environmental testing or remediation work undertaken respecting any Property as such testing or work is deemed appropriate in the reasonable
judgment of Lessor. Lessee shall pay all amounts referenced in the immediately preceding sentence immediately upon the request by Lessor for such payment. 

 Section 17.9. Remedies Cumulative. The remedies herein provided shall be cumulative and in
addition to (and not in limitation of) any other remedies available at law, equity or otherwise, including, without limitation, any mortgage foreclosure remedies. 
 Section 17.10. Notice of Default or Event of Default. Lessee shall promptly notify the Lessor and the Agent if any Responsible Officer of Lessee has received notice, or has actual knowledge, of any Default
or Event of Default. 
 Section 17.11. Lessee’s Option to Cure by Purchase of All Properties. Notwithstanding anything in
this Lease or in any of the other Operative Agreements to the contrary, the Lessee may cure a Lease Event of Default by purchasing all (but not less than all) of the Properties, such purchase to be consummated in accordance with Sections 19.1
and 20.1, except that such purchase must be consummated not more than 10 days after Lessee gives notice to the Agent and the Lessor of Lessee’s option to purchase the Properties. The purchase price for the Properties shall be as set
forth in Section 20.1, and shall include without limitation the Termination Value for all of the Properties and all Rent then due and owing and all other amounts then due and owing by the Lessee under this Lease or under any other
Operative Agreement (including without limitation (a) any compensation that may be required pursuant to Section 10.3(b) or 10.4 of Participation Agreement, and (b) amounts, if any, described in clause FIRST of
Section 22.2). 
 Section 17.12. Liability Limited. Notwithstanding anything to the contrary set forth in this Lease
or in the other Operative Agreements, the Lessee’s recourse liability to Lessor as a consequence of the occurrence of a Limited Event of Default shall be limited to the payment by the Lessee of the Maximum Residual Guaranty Amount;
provided, however if Lessee or any Guarantor agrees or acknowledges in writing that an Event of Default has occurred, then the Lessor shall be entitled to exercise any of the remedies set forth in the Section 17.5.

 ARTICLE XVIII 
 Section 18.1. Lessor’s Right to Cure Lessee’s Lease Defaults. Lessor, without waiving or releasing any obligation or Lease Event of Default, may (but shall be under no obligation to) remedy any Lease Event of Default
for the account and at the sole cost and expense of Lessee, including the failure by Lessee to maintain the insurance required by Article XIV, and may, to the fullest extent permitted by law, and notwithstanding any right of quiet enjoyment
in favor of Lessee, enter upon any Property, or real property owned or leased by Lessee, take all such action thereon as may be necessary or appropriate therefor, and inspect or copy any records relating to any Property or the transactions
contemplated hereby (and Lessee shall make available to Lessor, for inspection thereof, any such records). No such entry shall be deemed an eviction of any lessee. All reasonable out-of-pocket costs and expenses so incurred (including without
limitation reasonable fees and expenses of counsel), together with interest thereon at the Overdue Rate from the date on which such sums or expenses are paid by Lessor, shall be paid by Lessee to Lessor on demand. 
 ARTICLE XIX 
 Section 19.1.
Provisions Relating to Lessee’s Exercise of its Purchase Option. Subject to Section 19.2, in connection with any termination of this Lease with respect to any Property 

 
pursuant to the terms of Section 16.1, or in connection with Lessee’s exercise of its Purchase Option or its option to purchase any Property
pursuant to Section 20.1, upon the date on which this Lease is to terminate with respect to a Property or all of the Properties, and upon tender by Lessee of the amounts set forth in Sections 16.2(b) or 20.1, as applicable,
Lessor shall execute and deliver to Lessee (or to Lessee’s designee) at Lessee’s cost and expense a special warranty deed and quit claim bill of sale with respect to the applicable Property, in each case in recordable form and otherwise in
conformity with local custom and free and clear of the Lien of this Lease and any Lessor Liens attributable to Lessor but without any other warranties (of title or otherwise) from the Lessor. The Lessor’s interest in the applicable Property
shall be conveyed to Lessee (or to Lessee’s designee) “AS IS” “WHERE IS” and in then present physical condition. In addition, Lessor shall, upon Lessee’s request and at Lessee’s expense, execute and deliver any
documents (including any appropriate releases of or amendments to financing statements or recorded memoranda of this Lease) necessary to release the Lien of this Lease on the applicable Property. 
 Section 19.2. No Termination With Respect to Less than All of a Property. Lessee shall not be entitled to exercise its Purchase Option
separately with respect to Property consisting of Land, Equipment and Improvements but shall be required to exercise its Purchase Option with respect to an entire Property. 
 ARTICLE XX 
 Section 20.1. Purchase Prior to End of Term; Purchase,
Renewal or Sale Option; Purchase of Excess Land. 
 (a) Purchase Option Prior to End of Term. Provided that
(subject to Section 17.11) no Default or Event of Default shall have occurred and be continuing and provided that the Election Notice referred to in Section 20.1(b) has not been delivered, Lessee shall have the option,
exercisable by giving the Agent and Lessor no less than thirty (30) days written notice of Lessee’s election to exercise such option, to purchase any Property, on the date identified in such written notice, at a price equal to the
Termination Value for such Property and all Rent then due and owing and all other amounts then due and owing (by the Lessee) under this Lease or under any other Operative Agreement with respect to such Property and as a result of such Purchase
(including without limitation amounts, if any, described in clause FIRST of Section 22.2) (which the parties do not intend to be a “bargain” purchase price); and, upon receipt of such amount, Lessor shall transfer to
Lessee (or Lessee’s designee) all Lessor’s right, title and interest in and to such Property in accordance with Section 19.1 as of the Business Day on which such purchase occurs; provided that the Lessee may not purchase
any Property pursuant to this Section 20.1(a) if, after giving effect to such purchase the outstanding aggregate principal amount of the Loans and the Lessor Fundings would be less than $45,000,000. For the avoidance of doubt Lessee may
purchase Properties pursuant to this Section 20.1(a) in one or more transactions and the purchase of Excess Land shall not constitute a purchase of a Property pursuant to this Section 20.1(a). 
 (b) Purchase, Renewal or Sale Option at End of Term. Not less than 180, nor more than 360, days prior to the Expiration Date,
Lessee may give Lessor and Agent 

 
irrevocable written notice that Lessee is electing to (i) exercise the option to renew the Lease with respect to not less than two (2) of the
Properties on such Expiration Date pursuant to Section 21.1 (the “Renewal Option”), (ii) exercise the option to purchase not less than two (2) of the Properties on such Expiration Date (the “Purchase
Option”) and/or (iii) exercise the option to remarket not less than two (2) of the Properties and cause a sale of all of the Properties pursuant to the terms of Section 22.1 (the “Sale Option”), such
sale to occur on such Expiration Date. Such notice shall specify which Properties are subject to which option(s) exercised pursuant to the foregoing sentence. If Lessee does not give notice as set forth above with respect to any Property, then
Lessee shall be deemed to have elected the Purchase Option for the Expiration Date with respect to such Property. Lessor shall have no obligation to sell any Property unless at least two (2) of the Properties are sold on the Expiration Date. If
Lessee shall (i) elect (or be deemed to elect) to exercise the Purchase Option with respect to some or all of the Properties, or (ii) elect to remarket some or all of the Properties pursuant to Section 22.1 and fail to deliver
the environmental report required by Section 10.2 at the time specified in such Section or fail to comply with its other obligations under Section 22.1, then in each case, Lessee shall pay to Lessor on the Expiration Date an
amount (the “Purchase Option Price”) equal to the Termination Value for such Properties (which the parties do not intend to be a “bargain” purchase) plus all Rent and other amounts then due and payable (by Lessee) under
this Lease or under any other Operative Agreement (including without limitation the amounts described in clause FIRST of Section 22.2), and, upon receipt of such amount, Lessor shall transfer to Lessee (or Lessee’s designee)
all of Lessor’s right, title and interest in and to such Properties in accordance with Section 19.1 and the Term of this Lease shall terminate with respect to such Properties. Lessee may not elect the Sale Option, and Lessor shall
have no obligation to sell any Property pursuant to Section 22.1, if a Lease Event of Default has occurred and is continuing on the date of the Election Notice or the Sale Date. 
 (c) Purchase of Excess Land. Provided that (subject to Section 17.11) no Default or Event of Default shall have
occurred and be continuing and provided that Lessee has not delivered notice to Lessor that Lessee is electing the Purchase Option or the Sale Option, Lessee shall have the option, exercisable by giving the Agent and Lessor no less than thirty
(30) days written notice of Lessee’s election to exercise such option, to purchase any Excess Land, on the date identified in such written notice, at a price equal to the Excess Land Purchase Price for such Excess Land (which the parties
do not intend to be a “bargain” purchase price) plus any amounts due to any Financing Party pursuant to Section 10.3 of the Participation Agreement as a result of such Purchase; and, upon receipt of such amount, Lessor shall
transfer to Lessee (or a third party designated by the Lessee) all Lessor’s right, title and interest in and to such Excess Land in accordance with Section 19.1 as of the Business Day on which such purchase occurs and upon such
purchase such Excess Land shall no longer constitute part of the related Property. 
 ARTICLE XXI 
 Section 21.1. Renewal. Subject to the conditions set forth herein, Lessee may, by written notice to Lessor and the Agent given not later than
180, nor earlier than 360, days, prior to the Expiration Date, request to renew this Lease for not less than two (2) of the Properties for 

 
one period of five (5) additional years (the “Renewal Term”), commencing on the date following such Expiration Date. No later than the
date that is thirty (30) days after the date the request to renew has been delivered to each of Lessor and the Agent, the Agent will notify Lessee whether or not all of the Financing Parties consent to such renewal request (which consent may be
granted or denied in each Financing Party’s sole discretion and may be conditioned on such conditions precedent as may be specified by such Financing Party), it being understood that there shall be no extension unless each
Financing Party agrees thereto (unless the Loans or Lessor Fundings, as the case may be, of such non-consenting Financing Party are purchased by another Financing Party or by a third party acceptable to the Agent and Lessee). If the Agent fails to
respond in such time frame, such failure shall be deemed to be a rejection of such request. If such request is rejected, then Lessee may exercise the Purchase Option or the Sale Option with respect to the related Properties by giving written notice
thereof pursuant to Section 20.1(b). 
 ARTICLE XXII 
 Section 22.1. Sale Procedure. 
 (a) During the Marketing Period, Lessee, on behalf of the Lessor, shall use commercially reasonable efforts to obtain bids for the cash purchase of all of the Properties for which Lessee has exercised the Sale Option
in connection with a sale to one or more purchasers (other than Lessee or any Subsidiary or Affiliate of Lessee) to be consummated on the Expiration Date for the highest price available, shall notify Lessor promptly of the name and address of each
prospective purchaser and the cash price which each prospective purchaser shall have offered to pay for any Property and shall provide Lessor with such additional information about the bids and the bid solicitation procedure as Lessor may reasonably
request from time to time. Lessor may reject any and all bids and may assume sole responsibility for obtaining bids by giving Lessee written notice to that effect; provided, however, that notwithstanding the foregoing, Lessor may not
reject the highest bid for any Property submitted by the Lessee if (i) such bid is greater than or equal to the sum of the Limited Recourse Amount for such Property, plus all reasonable costs and expenses referred to in clause FIRST of
Section 22.2, and represents a bona fide offer from one or more third party purchasers, and (ii) prior to Lessor’s acceptance of any such bid, Lessee has delivered to the Agent cash collateral in an amount not less than the
anticipated Deficiency Balance (as defined in Section 22.1(b) below) as determined by the Agent. If the price which a prospective purchaser shall have offered to pay for any Property is less than the sum of the Limited Recourse Amount
for such Property plus all reasonable costs and expenses referred to in clause FIRST of Section 22.2, Lessor may elect to retain such Property by giving Lessee prior written notice of Lessor’s election to retain such
Property, and upon receipt of such notice, Lessee shall surrender such Property to Lessor pursuant to Section 10.1. Unless Lessor shall have elected to retain any Property pursuant to the preceding sentence, Lessee shall arrange for
Lessor to sell the Properties free and clear of the Lien of this Lease and any Lessor Liens attributable to it, without recourse or warranty (of title or otherwise), for cash on the last day of the Marketing Period (such date being hereafter
referred to as the “Sale Date”) to the purchaser or purchasers identified by Lessee or Lessor, as the case may be; provided, however, solely as to Lessor, any Lessor Lien shall not constitute a Lessor Lien so long as
Lessor is diligently contesting such Lessor Lien by appropriate proceedings in good 

 
faith; and provided, further that Lessor shall have no obligation to sell any Property if a Lease Event of Default has occurred and is
continuing on the date of the Election Notice or the Sale Date. Lessee shall surrender the Property so sold or subject to such documents to each purchaser in the condition specified in Section 10.1. Lessee shall not take or fail to take
any action which would have the effect of unreasonably discouraging bona fide third party bids for any Property. Lessor shall have no obligation to sell any Property on the Sale Date unless Lessor has received full payment therefor in cash in the
amount required pursuant to this Section 22.1 on the Sale Date. 
 (b) If any Property is sold on the Sale Date in
accordance with the terms of Section 22.1(a) and the purchase price paid for such Property minus the sum of all costs and expenses referred to in clause FIRST of Section 22.2 is less than the Termination Value for such
Property plus all Rent and other amounts then due and payable by the Lessee under this Lease and under any other Operative Agreements with respect to such Property (hereinafter such difference shall be referred to as the “Deficiency
Balance”), then the Lessee hereby unconditionally promises to pay to the Lessor on the Sale Date the lesser of (i) the Deficiency Balance, or (ii) the Maximum Residual Guarantee Amount for such Property. If any Property is
retained by the Lessor pursuant to an affirmative election made by the Lessor pursuant to the third sentence of Section 22.1(a) or is not sold (subject to the Lessee’s having satisfied its obligations under this
Section 22.1), then the Lessee hereby unconditionally promises to pay to the Lessor on the Sale Date an amount equal to the Maximum Residual Guarantee Amount for such Property (or, in the case of a Segregated Property, the sum of the
Maximum Residual Guarantee Amount for the Land related to such Segregated Property, plus the Maximum Residual Guarantee Amount for the Improvements related to such Segregated Property). Notwithstanding the procedures set forth in the first sentence
of this subparagraph (b), the following procedure shall apply to the Properties located in Fontana, California and Miami, Florida (each, a “Segregated Property”) in place thereof. If the Lessee elects the Sale Option with
respect to any Segregated Property, at the time of such election, the Lessee and the Lessor shall use the Appraisal Procedure to determine the ratio, expressed as a percentage, of the fair market sales value of the Land related to such Segregated
Property at the time of such election, divided by the Fair Market Sales Value of such Segregated Property at such time (such percentage, the “Land Percentage” for such Segregated Property; the “Improvements
Percentage” for such Segregated Property shall be 100% minus the Land Percentage for such Segregated Property). If any Segregated Property is sold on the Sale Date in accordance with the terms of Section 22.1(a) and
(A) the Land Percentage times the amount equal to the purchase price paid for such Property minus the sum of all costs and expenses referred to in clause FIRST of Section 22.2 is less than the Property Cost for such
Property allocated to the Land, as set forth on Schedule 1 to the Participation Agreement (hereinafter such difference shall be referred to as the “Land Deficiency Balance”), then the Lessee hereby unconditionally promises to pay to
the Lessor on the Sale Date the lesser of (i) the Land Deficiency Balance, or (ii) the Maximum Residual Guarantee Amount for the Land related to such Property as set forth on Schedule 1 to the Participation Agreement and/or (B) the
Improvements Percentage times the amount equal to the purchase price paid for such Property minus the sum of all costs and expenses referred to in clause FIRST of Section 22.2 is less than the Property Cost for such
Property allocated to the Improvements, as set forth on Schedule 1 to the Participation 

 
Agreement (hereinafter such difference shall be referred to as the “Improvements Deficiency Balance”), then the Lessee hereby
unconditionally promises to pay to the Lessor on the Sale Date the lesser of (i) the Improvements Deficiency Balance, or (ii) the Maximum Residual Guarantee Amount for the Improvements related to such Property as set forth on Schedule 1 to
the Participation Agreement . 
 (c) In the event that the Properties are either sold to one or more third party purchasers on
the Sale Date or retained by the Lessor, then in either case on the Sale Date (i) the Lessee shall provide Lessor or such third party purchasers with (A) all permits, certificates of occupancy, governmental licenses and authorizations
necessary to use and operate such Property for its intended purposes, (B) such easements, licenses, rights-of-way and other rights and privileges in the nature of an easement as are reasonably necessary or desirable in connection with the use,
repair, access to or maintenance of such Property for its intended purpose or otherwise as the Lessor shall reasonably request, and (C) a services agreement covering such services as Lessor or such third party purchaser may request in order to
use and operate a Property for its intended purposes at such rates (not in excess of arm’s-length fair market rates) as shall be acceptable to Lessee and Lessor or such third party purchaser, and (ii) the Term of this Lease shall terminate
with respect to each Property so sold. All assignments, licenses, easements, agreements and other deliveries required by clauses (i)(A) and (B) of this paragraph (c) shall be in form reasonably satisfactory to the
Lessor or such third party purchaser, as applicable, and shall be fully assignable (including both primary assignments and assignments given in the nature of security) without payment of any fee, cost or other charge. 
 Section 22.2. Application of Proceeds of Sale. The Lessor shall apply the proceeds of sale of any Property in the following order of
priority: 
 (a) FIRST, to pay or to reimburse Lessor for the payment of all reasonable costs and expenses incurred by
Lessor in connection with the sale; 
 (b) SECOND, so long as the Participation Agreement or the Credit Agreement is in
effect and any Loan, Lessor Advance or any other amount is owing to the Financing Parties, the Lessor or any other Person under any Operative Agreement, to the Agent to be applied in accordance with the terms (including the inter-creditor provisions
among the Financing Parties and the Lessor) contained in the Operative Agreements; and 
 (c) THIRD, to the Lessee.

 Section 22.3. Indemnity for Excessive Wear. If the proceeds of the sale described in Section 22.1 with respect to
any Property, less all expenses incurred by Lessor in connection with such sale, shall be less than the Limited Recourse Amount with respect to such Property, and at the time of such sale it shall have been reasonably determined (pursuant to the
Appraisal Procedure) that the Fair Market Sales Value of the Property, shall have been impaired by greater than expected wear and tear during the term of the Lease, Lessee shall pay to Lessor within ten (10) days after receipt of Lessor’s
written statement (i) the amount of such excess wear and tear determined by the Appraisal Procedure or (ii) the amount of the Net Sale Proceeds Shortfall, whichever amount is less. 

 Section 22.4. Appraisal Procedure. For determining the Fair Market Sales Value of any
Property or any other amount which may, pursuant to any provision of any Operative Agreement, be determined by an appraisal procedure, Lessor and Lessee shall use the following procedure (the “Appraisal Procedure”). Lessor and
Lessee shall endeavor to reach a mutual agreement as to such amount for a period of ten (10) days from commencement of the Appraisal Procedure under the applicable section of the Lease, and if they cannot agree within ten (10) days, then
two qualified appraisers, one chosen by Lessee and one chosen by Lessor, shall mutually agree thereupon, but if either party shall fail to choose an appraiser within twenty (20) days after notice from the other party of the selection of its
appraiser, then the appraisal by such appointed appraiser shall be binding on Lessee and Lessor. If the two appraisers cannot agree within twenty (20) days after both shall have been appointed, then a third appraiser shall be selected by the
two appraisers or, failing agreement as to such third appraiser within (30) days after both shall have been appointed, by the American Arbitration Association. The decisions of the three appraisers shall be given within twenty (20) days of
the appointment of the third appraiser and the decision of the appraiser most different from the average of the other two shall be discarded and such average shall be binding on Lessor and Lessee; provided that if the highest appraisal and
the lowest appraisal are equidistant from the third appraisal, the third appraisal shall be binding on Lessor and Lessee. The fees and expenses of the appraisers appointed by Lessee and by Lessor shall be paid by Lessee. 
 Section 22.5. Certain Obligations Continue. During the Marketing Period, the obligation of Lessee to pay Rent with respect to the Properties
(including the installment of Basic Rent due on the Expiration Date) shall continue undiminished until, and including, the Expiration Date. All Rent that has accrued on or prior to the Expiration Date that has not previously been paid shall be paid
by Lessee on the Expiration Date. Lessor shall have the right, but shall be under no duty, to solicit bids, to inquire into the efforts of Lessee to obtain bids or otherwise to take action in connection with any such sale, other than as expressly
provided in this Article XXII. 
 ARTICLE XXIII 
 Section 23.1. Risk of Loss. During the Term, unless Lessee shall not be in actual possession of the Property in question solely by reason of Lessor’s exercise of its remedies of dispossession under
Article XVII, the risk of loss or decrease in the enjoyment and beneficial use of such Property as a result of the damage or destruction thereof by fire, the elements, casualties, thefts, riots, wars or otherwise is assumed by Lessee, and
Lessor shall in no event be answerable or accountable therefor. 
 ARTICLE XXIV 
 Section 24.1. Assignment. 
 (a) (Other than permitting a Subsidiary of Lessee to be an alternative Lessee pursuant to Section 2.5) Lessee may not assign, mortgage, pledge or encumber this Lease 

 
or any of its rights or obligations hereunder in whole or in part to any Person without the prior written consent of the Agent, the Lessor, and the Majority
Financing Parties, with such consent to be given or withheld in the sole discretion of each such party. 
 (b) No such
assignment or other relinquishment of possession to any Property shall in any way discharge or diminish any of the obligations of Lessee to Lessor hereunder and Lessee shall remain directly and primarily liable under this Lease. 
 Section 24.2. Subleases. 
 (a) Except as set forth in this Section 24.2, Lessee may not sublet any Property or portion thereof without first obtaining the prior written consent of the Lessor and the Agent, which consent may be given or withheld in the
sole discretion of each such party. 
 (b) Lessee may, without the consent of Lessor or the Agent, sublet a Property only if:

 (i) Lessee remains fully liable for all obligations (including without limitation all Rent and other obligations with
respect to such subleased Properties and any other Properties) under this Lease, each Lease Supplement and the other Operative Agreements; 
 (ii) Such sublease is in writing, is expressly subject and subordinate to the rights of the Agent and the Financing Parties under this Lease, the Security Agreement, each Mortgage Instrument and all other Operative
Agreements and has a term that expires upon the termination or expiration of this Lease, unless Lessee purchases the related Property, in which case, the term of such sublease may continue; and 
 (iii) Such sublease is on commercially reasonable terms and at market rates and such Property is at all times used for the purposes set
forth in this paragraph and in the definition of “Property.” 
 (c) No sublease or other relinquishment of
possession to any Property shall in any way discharge or diminish any of Lessee’s obligations to Lessor hereunder and Lessee shall remain directly and primarily liable under this Lease as to the Property so sublet. 
 (d) Each insurance policy carried by Lessee pursuant to Article XIV shall be endorsed to name each sublessee under any such
sublease as an additional insured. Prior to the effectiveness of any such sublease, Lessee shall deliver a copy thereof to the Lessor and the Agent. 
 (e) Promptly but in any event within five (5) days following the execution and delivery of any sublease permitted by this Article XXIV, Lessee shall notify Lessor and the Agent of the execution of such
sublease. 

 ARTICLE XXV 
 Section 25.1. No Waiver. No failure by Lessor or Lessee to insist upon the strict performance of any term hereof or to exercise any right, power or remedy upon a default hereunder, and no acceptance of
full or partial payment of Rent during the continuance of any such default, shall constitute a waiver of any such default or of any such term. To the fullest extent permitted by law, no waiver of any default shall affect or alter this Lease, and
this Lease shall continue in full force and effect with respect to any other then existing or subsequent default. 
 ARTICLE XXVI

 Section 26.1. Acceptance of Surrender. No surrender to Lessor of this Lease or of all or any portion of any Property or of
any part of any thereof or of any interest therein shall be valid or effective unless agreed to and accepted in writing by Lessor and the Agent, and no act by Lessor or the Agent or any representative or agent of Lessor or the Agent, other than a
written acceptance, shall constitute an acceptance of any such surrender. 
 Section 26.2. No Merger of Title. There shall be no
merger of this Lease or of the leasehold estate created hereby by reason of the fact that the same Person may acquire, own or hold, directly or indirectly, in whole or in part, (a) this Lease or the leasehold estate created hereby or any
interest in this Lease or such leasehold estate, (b) any right, title or interest in any Property, (c) any Notes, or (d) an equity interest in Lessor. 
 ARTICLE XXVII 
 Section 27.1. Notices. Unless otherwise expressly specified or permitted
by the terms hereof, all notices, requests, demands, directions, agreements and documents delivered in connection with this Agreement shall be delivered as provided in Section 11.3 of the Participation Agreement. 
 ARTICLE XXVIII 
 Section 28.1.
Miscellaneous. Anything contained in this Lease to the contrary notwithstanding, all claims against and liabilities of Lessee or Lessor arising from events commencing prior to the expiration or earlier termination of this Lease shall survive
such expiration or earlier termination. If any provision of this Lease shall be held to be unenforceable in any jurisdiction, such unenforceability shall not affect the enforceability of any other provision of this Lease and such jurisdiction or of
such provision or of any other provision hereof in any other jurisdiction. 
 Section 28.2. Amendments and Modifications. None of
the terms or provisions of this Agreement may be terminated, amended, supplemented, waived or modified except in accordance with the terms of Section 11.5 of the Participation Agreement. 
 Section 28.3. Successors and Assigns. All the terms and provisions of this Lease shall inure to the benefit of the parties hereto and their
respective successors and permitted assigns. 

 Section 28.4. Headings and Table of Contents. The headings and table of contents in this
Lease are for convenience of reference only and shall not limit or otherwise affect the meaning hereof. 
 Section 28.5.
Counterparts. This Lease may be executed in any number of counterparts, each of which shall be an original, but all of which shall together constitute one and the same instrument. 
 Section 28.6. GOVERNING LAW. THIS LEASE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF FLORIDA WITHOUT REGARD
TO ANY OTHERWISE APPLICABLE PRINCIPLES OF CONFLICT OF LAWS, EXCEPT TO THE EXTENT THE LAWS OF THE STATE IN WHICH A PROPERTY IS LOCATED MAY GOVERN MATTERS RELATING TO THE PERFECTION, FORECLOSURE AND ENFORCEMENT OF LIENS ON SUCH PROPERTY. 

Section 28.7. Calculation of Rent. All calculation of Rent payable hereunder shall be computed based on the actual number of days elapsed
over a year of 360 days. 
 Section 28.8. Memoranda of Lease and Lease Supplements. This Lease shall not be recorded;
provided Lessor and Lessee have recorded a Memorandum of this Lease and of the applicable Lease Supplement regarding each Property in the local filing office with respect thereto and Lessor and Lessee shall, at Lessee’s cost and expense,
execute and file such other documents as may be required under applicable law to sufficiently evidence this Lease or any such Lease Supplement in the applicable real estate filing records. 
 Section 28.9. Allocations between the Financing Parties. Notwithstanding any other term or provision of this Lease to the contrary, the
allocations of the proceeds of the Properties and any and all other Rent and other amounts received hereunder shall be subject to the inter-creditor provisions between the Financing Parties contained in the Operative Agreements (or as otherwise
agreed among the Financing Parties from time to time). 
 Section 28.10. Limitations on Recourse. Notwithstanding anything
contained in this Lease to the contrary, Lessee agrees to look solely to Lessor’s estate and interest in the Properties for the collection of any judgment requiring the payment of money by Lessor in the event of liability by Lessor, and no
other property or assets of Lessor or any shareholder, member, owner, or partner (direct or indirect) in or of Lessor, or any manager, director, officer, employee, beneficiary, Affiliate of any of the foregoing shall be subject to levy, execution or
other enforcement procedure for the satisfaction of the remedies of Lessee under or with respect to this Lease, the relationship of Lessor and Lessee hereunder or Lessee’s use of the Properties or any other liability of Lessor to Lessee, except
to the extent expressly provided in Section 7.2 or 11.11 of the Participation Agreement. Nothing in this Section shall be interpreted so as to limit the terms of Sections 6.1 or 6.2. 
 Section 28.11. WAIVERS OF JURY TRIAL. THE LESSOR AND THE LESSEE IRREVOCABLY AND UNCONDITIONALLY WAIVE TRIAL BY JURY IN ANY LEGAL ACTION OR
PROCEEDING RELATING TO THIS LEASE OR ANY COUNTERCLAIM THEREIN. 

 Section 28.12. Original Leases. The single executed original of this Lease marked “THIS
COUNTERPART IS THE ORIGINAL EXECUTED COUNTERPART” on the signature page thereof and containing the receipt of the Agent therefor on or following the signature page thereof shall be the original executed counterpart of this Lease (the
“Original Executed Counterpart”). To the extent that this Lease constitutes chattel paper, as such term is defined in the Uniform Commercial Code as in effect in any applicable jurisdiction, no security interest in this Lease may be
created through the transfer or possession of any counterpart other than the Original Executed Counterpart. 
 Section 28.13.
Mortgage Grant and Remedies. Without limiting any other remedies set forth in this Lease, in the event that a court of competent jurisdiction rules that this Lease constitutes a mortgage, deed of trust, security deed or other secured
financing, as is the intent of the parties, then the Lessor and the Lessee agree that the Lessee hereby grants, bargains, sells, conveys, mortgages, and grants a security interest in each Property to Lessor WITH POWER OF SALE to secure the payment
of all sums due and owing by Lessee hereunder or under any other Operative Agreement, and that, upon the occurrence of any Event of Default, the Lessor shall have the power and authority, to the extent provided by law or the Operative Agreements,
after prior notice and lapse of such time as may be required by law, to foreclose its interest (or cause such interest to be foreclosed) in all or any part of any Property, to appoint or obtain the appointment of a receiver for all or any part of
the Property, and to exercise any other right or remedy that may be available under applicable law to the holder of a mortgage, deed of trust, security deed or other secured financing. 
 Section 28.14. Exercise of Lessor Rights. The Lessee hereby acknowledges and agrees that the rights and powers of the Lessor under this Lease
have been collaterally assigned to the Agent pursuant to the terms of the Security Agreement and the other Operative Agreements, and that the Lessor may have encumbered the Properties by various Mortgage Instruments made by the Lessor in favor of
the Agent, all as security for certain indebtedness and obligations described therein of the Lessor to the Agent and the Financing Parties under the Operative Agreements. Lessee hereby consents to said assignment and said Mortgage Instruments in
favor of the Agent and further acknowledges and agrees as follows: 
 (a) In the event that a court of competent jurisdiction
rules that this Lease constitutes a mortgage, deed of trust, security deed or other secured financing as is the intent of the parties, then the Lessor and the Lessee agree that the Lessor’s collateral assignment of this Lease to the Agent shall
be deemed to be a collateral assignment of such mortgage, deed of trust, security deed or other secured financing, and the Agent as such collateral assignee shall be entitled to exercise any and all rights and remedies of the Lessor set forth herein
during the existence of any Event of Default, including without limitation the Lessor’s rights to obtain a receiver, to obtain possession of the Properties and the rents and revenues thereof, to foreclose this Lease, to sell the Lessee’s
interest in the Properties, and to exercise any other rights or remedies that may then be available to the Lessor under applicable law on account of such Event of Default. 
 (b) Lessee’s interest in the Properties is junior and subordinate to the lien of any Mortgage Instruments made by the Lessor in favor
of the Agent against the respective Properties from time to time in connection with the Operative Agreements; 

 
provided, however, that for so long as no Event of Default shall have occurred and be continuing, (i) the Agent shall not disturb
Lessee’s possession of the Properties through any foreclosure or other remedial action against the Properties under any Mortgage Instrument, and (ii) if Lessor’s interest in any Property shall be transferred to any Person other than
the Lessee as the result of the Agent’s foreclosure or other remedial action under any Mortgage Instrument, the Lessee shall (upon request of the Agent) attorn to such transferee and recognize the transferee as the Lessee’s landlord under
this Lease. 
 (c) During the existence of an Event of Default, the Agent as holder of the Mortgage Instruments and as
collateral assignee of this Lease may exercise any and all rights and remedies that may then be available under applicable law to the Agent in either or both capacities, whether exercised singly, successively or concurrently. Without limiting the
generality of the foregoing, the Agent as collateral assignee may enforce the Lessee’s payment obligations under this Lease (regardless of whether this Lease shall be deemed a mortgage, deed of trust, security deed or other secured financing)
even if Lessee’s interest and estate in any Property under this Lease shall have been extinguished or forfeited under applicable law through the foreclosure or other enforcement of any Mortgage Instrument. 
 [Signatures on following page.] 

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

									
	WITNESSES:	 		 	TECH DATA CORPORATION, as Lessee
					
	By:	 	 /s/ John Mezidor
	 		 	By:	 	 /s/ Charles V. Dannewitz

	Name:	 	John Mezidor	 		 	Name:	 	Charles V. Dannewitz
		 		 		 	Title:	 	Senior Vice President, Tax and Treasurer
					
	By:	 	 /s/ Isaac Taylor
	 		 		 	
	Name:	 	Isaac Taylor	 		 		 	

									
	WITNESSES:	 		 	SUNTRUST BANK, as Lessor
					
	By:	 	 /s/ Lisa A. Howard
	 		 	By:	 	 /s/ Donald J. Campisano

	Name:	 	Lisa A. Howard	 		 	Name:	 	Donald J. Campisano
		 		 		 	Title:	 	Managing Director
					
	By:	 	 /s/ Sarah Grant
	 		 		 	
	Name:	 	Sarah Grant	 		 		 	
				
	Receipt of this original counterpart of the foregoing Lease is hereby acknowledged as of the date hereof	 		 		 	
				
	SUNTRUST EQUITY FUNDING, LLC, as Agent	 		 		 	
					
	By:	 	  
	 		 		 	
	Name:	 		 		 		 	

									
	 	 	 	 	 	 	Acknowledged and Agreed to:
			
	WITNESSES:	 		 	 TECH DATA PRODUCT MANAGEMENT, INC.,
 as an alternative Lessee

					
	By:	 	 /s/ John Mezidor
	 		 	By:	 	 /s/ Charles V. Dannewitz

	Name:	 	John Mezidor	 		 	Name:	 	Charles V. Dannewitz
		 		 		 	Title:	 	Senior Vice President, Tax and Treasurer
					
	By:	 	 /s/ Isaac Taylor
	 		 		 	
	Name:	 	Isaac Taylor	 		 		 	
			
	WITNESSES:	 		 	 TD FACILITIES, LTD.,
 as Alternative
Lessee

				
	By:	 	 /s/ John Mezidor
	 		 	By: Tech Data Corporation, its general partner
	Name:	 	John Mezidor	 		 		 	
					
	By:	 	 /s/ Isaac Taylor
	 		 	By:	 	 /s/ Charles V. Dannewitz

	Name:	 	Isaac Taylor	 		 	Name:	 	Charles V. Dannewitz
		 		 		 	Title:	 	Senior Vice President, Tax and TreasurerThird Amended and Restated Credit Agreement dated June 27, 2008

 Exhibit 10-BBb 
  
  
 THIRD AMENDED AND RESTATED CREDIT AGREEMENT

 among 
 SUNTRUST BANK

 as Borrower, 
 THE SEVERAL
LENDERS 
 FROM TIME TO TIME PARTIES HERETO, 
 as Lenders, 
 and 
 SUNTRUST EQUITY FUNDING, LLC, 
 as Administrative Agent for the Lenders 
 Dated as of June 27, 2008 
  
  

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
	Section 1.	  	DEFINITIONS	  	1
	    1.1        Definitional Provisions	  	1
	    1.2        Defined Terms	  	1
	Section 2.	  	AMOUNT AND TERMS OF COMMITMENTS	  	2
	    2.1        Commitments	  	2
	    2.2        Notes	  	2
	    2.3        Procedure for Borrowing; Amounts of Borrowings	  	3
	    2.4        Prepayments and Payments	  	3
	    2.5        Interest Rates and Payment Dates	  	4
	    2.6        Computation of Interest	  	5
	    2.7        Pro Rata Treatment and Payments	  	5
	Section 3.	  	CONDITIONS PRECEDENT	  	6
	    3.1        Conditions to Effectiveness	  	6
	    3.2        Conditions to the Loan	  	6
	Section 4.	  	COVENANTS	  	7
	    4.1        Further Assurances	  	7
	Section 5.	  	EVENTS OF DEFAULT	  	7
	Section 6.	  	THE ADMINISTRATIVE AGENT	  	10
	    6.1        Appointment and Authorization of Administrative Agent	  	10
	    6.2        Delegation of Duties	  	10
	    6.3        Liability of Administrative Agent	  	10
	    6.4        Reliance by Administrative Agent	  	11
	    6.5        Notice of Default	  	11
	    6.6        Credit Decision; Disclosure of Information by Administrative Agent	  	11
	    6.7        Indemnification of Administrative Agent	  	12
	    6.8        Administrative Agent in Individual Capacity	  	12
	    6.9        Successor Administrative Agent	  	13
	    6.10      Collateral Matters	  	13
	Section 7.	  	MATTERS RELATING TO PAYMENT AND COLLATERAL	  	15
	    7.1        Collection of Payments and Other Amounts	  	15
	    7.2        Certain Remedial Matters	  	17
	    7.3        Release of Properties, etc.	  	17
	    7.4        Excepted Payments	  	17
	Section 8.	  	MISCELLANEOUS	  	18
	    8.1        Amendments and Waivers	  	18
	    8.2        Notices	  	18
	    8.3        No Waiver; Cumulative Remedies	  	18
	    8.4        Survival of Representations and Warranties	  	18
	    8.5        Payment of Expenses and Taxes	  	18
	    8.6        Successors and Assigns; Participations and Assignments	  	18
	    8.7        Participations	  	18
	    8.8        Assignments; Additional Commitment	  	19

  

 -i- 

 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	    8.9        The Register; Disclosure	  	21
	    8.10      Adjustments	  	21
	    8.11      Counterparts	  	22
	    8.12      Severability	  	22
	    8.13      Integration	  	22
	    8.14      GOVERNING LAW; WAIVER OF JURY TRIAL	  	22
	    8.15      Submission To Jurisdiction; Waivers	  	22
	    8.16      Acknowledgments	  	23
	    8.17      Nonrecourse	  	23
	    8.18      Usury Savings Clause	  	24

  

 -ii- 

			
	Schedule 1.2	 	
	Exhibit A	 	SERIES A NOTE
	Exhibit B	 	SERIES B NOTE
	Exhibit C	 	ASSIGNMENT AND ACCEPTANCE
		 	 SCHEDULE 1 TO ASSIGNMENT AND ACCEPTANCE RELATING

		 	 TO THE CREDIT AGREEMENT

  

 -iii- 

 THIRD AMENDED AND RESTATED CREDIT AGREEMENT 
 THIS THIRD AMENDED AND RESTATED CREDIT AGREEMENT, dated as of June 27, 2008, is among SUNTRUST BANK (the “Borrower”), the several
banks and other financial institutions from time to time parties to this Agreement (the “Lenders”), and SUNTRUST EQUITY FUNDING, LLC, a Delaware limited liability company, as Administrative Agent. 
 WHEREAS, SunTrust Equity Funding, LLC, as the prior lessor (in such capacity, the “Prior Lessor”), the several banks and other financial
institutions party thereto and SunTrust Bank, as the prior administrative agent (in such capacity, the “Prior Agent”), entered into that certain Second Amended and Restated Credit Agreement dated as of July 31, 2003 (as amended
prior to the date hereof, the “Existing Credit Agreement”); and 
 WHEREAS, the Prior Lessor is transferring the Leased
Properties to the Borrower subject to the Existing Operative Agreements, 
 WHEREAS, the Prior Agent is transferring all of its rights and
duties to the Administrative Agent, who has assumed all of such rights and duties; 
 WHEREAS, the parties desire to amend and restate the
Existing Credit Agreement in its entirety, as hereinafter set forth; 
 NOW, THEREFORE, the Existing Credit Agreement is hereby amended and
restated in its entirety, and the parties hereby agree as follows: 
 SECTION 1. DEFINITIONS 
 1.1 Definitional Provisions. 
 (a) 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
Section, Schedule and Exhibit references are to this Agreement unless otherwise specified. 
 (b) All accounting terms used
herein shall have the respective meanings given to them in accordance with GAAP, unless otherwise provided herein. All computations and determinations for purposes of determining compliance with the financial requirements of this Agreement shall be
made in accordance with GAAP, unless otherwise provided herein. 
 (c) The meanings given to terms defined herein shall be
equally applicable to both the singular and plural forms or such terms. 
 1.2 Defined Terms. Each capitalized term used in this
Agreement and not otherwise defined herein shall have the meaning ascribed thereto in Appendix A to the Participation Agreement (defined below). 

 (a) “Agreement” shall mean this Third Amended and Restated Credit
Agreement, as further amended, supplemented, restated or otherwise modified from time to time in accordance with the terms hereof, and includes the Existing Credit Agreement for the period that it was in effect. 
 (b) “Participation Agreement” means the Third Amended and Restated Participation Agreement dated as of the date hereof
among Tech Data Corporation as Lessee, the Lessor, the Lenders party thereto from time to time, and SunTrust Equity Funding, LLC, as the Administrative Agent, as such agreement may be further amended, modified, restated or supplemented from time to
time in accordance with the terms thereof. 
 SECTION 2. AMOUNT AND TERMS OF COMMITMENTS 
 2.1 Commitments. 
 (a)
Subject to the terms and conditions hereof, each Lender severally agrees to make and/or to continue, as applicable, Series A Loans and Series B Loans to the Borrower on the Restatement Effective Date for the purpose of realigning the outstanding
Loans and Lessor Fundings with the Commitments and Lessor Commitments, as amended and restated pursuant to this Agreement and the other Operative Agreements, in an aggregate principal amount as to each Category of Loans outstanding not to exceed
such Lender’s Commitment applicable to such Category of Loans; provided that (i) after giving effect to any Loan, the aggregate outstanding principal amount of all Loans of a specified Category shall not exceed the Total Commitment
for such Category, and (ii) all borrowings under this Section 2.1(a) shall be allocated in accordance with the definitions of Series A Loans and Series B Loans. 
 (b) The Loans may be Base Rate Loans or Eurodollar Loans having an Interest Period of one, two, three, four or six months, as specified in
the definition of “Interest Period,” subject only to the limitations specified in such definition and to the provisions of Sections 2.6(c) hereof and Sections 3.2(e) and 10.4 of the Participation Agreement. Any Loan other than a
Eurodollar Loan shall constitute a Base Rate Loan. 
 2.2 Notes. The Loans made by each Lender shall be evidenced by (i) in the
case of Series A Loans, a promissory note of the Borrower, substantially in the form of Exhibit A (the “Series A Note”), and (ii) in the case of Series B Loans, a promissory note of the Borrower, substantially in the
form of Exhibit B (the “Series B Note” and together with the Series A Notes, the “Notes”), in each case with appropriate insertions as to date and principal amount, payable to the order of the Agent (for the
pro rata benefit of the Lenders) and in a principal amount equal to the applicable aggregate Commitments of the Lenders. The Agent is hereby authorized to record the date, Type and amount of each Loan made by the Lenders, each continuation thereof,
each conversion of all or a portion thereof to another Type, and the date and amount of each payment or prepayment of principal thereof on the schedule annexed to and constituting a part of any of the Notes, and any such recordation shall constitute
prima facie evidence of the accuracy of the information so recorded, provided that the failure to make any such recordation or any error in such recordation shall not affect the Borrower’s obligations hereunder or under such Note. Each
Note shall (i) be dated the Restatement Effective Date (ii) be stated to mature on the Maturity Date, and (iii) provide for the payment of interest in accordance with Section 2.5. 
  

 2 

 2.3 Procedure for Borrowing; Amounts of Borrowings. 
 (a) The Borrower may borrow under the Commitments on the Restatement Effective Date pursuant to the terms of Section 3.2 of the
Participation Agreement, provided that the Borrower shall give the Administrative Agent irrevocable notice (which must be received by the Administrative Agent (i) prior to 11:00 A.M., New York time, three Business Days prior to the
requested Borrowing Date if all or any part of the requested Loans are to be Eurodollar Loans, or (ii) prior to 11:00 A.M., New York time one (1) Business Day prior to the requested Borrowing Date with respect to any Loans that are to be
Base Rate Loans) specifying (A) the amount to be borrowed (which on any date shall not be in excess of the then aggregate Commitments of the Lenders), (B) the requested Borrowing Date (which shall be the Restatement Effective Date),
(C) whether the borrowing is to be of Eurodollar Loans, Base Rate Loans or a combination thereof, (D) if the borrowing is to be a combination of Eurodollar Loans and Base Rate Loans, the respective amounts of each Type of Loan and
(E) if the borrowing is to be of Eurodollar Loans, the Interest Period applicable thereto. Pursuant to the terms of the Participation Agreement, the Borrower shall be deemed to have delivered such notice upon the delivery of a notice by the
Lessee containing such required information. Upon receipt of such notice from the Borrower, the Administrative Agent shall promptly notify each Lender thereof. Subject to the terms and conditions hereof (including specifically without limitation
Section 4.2), each Lender will make the amount of its pro rata share of such borrowing of each Category available to the Administrative Agent for the account of the Borrower at the office of the Administrative Agent specified in
Section 9.2 prior to 2:00 P.M., New York time, on the Restatement Effective Date requested by the Borrower in funds immediately available to the Administrative Agent. Such borrowing will then be made available to the Borrower by the
Administrative Agent crediting an account designated by the Borrower on the books of such office with the aggregate of the amounts made available to the Administrative Agent by the Lenders and in like funds as received by the Administrative
Agent. No amount of any Loan which is repaid or prepaid may be reborrowed hereunder. To the extent that the borrowing requested on the Restatement Effective Date includes Loans from any Lender that are to be continued, such Lender shall not
be required to fund the principal of such continued Loans and such principal shall remain outstanding. 
 (b) The aggregate
amount of any borrowing constituting a Eurodollar Loan and any conversion thereof shall be in an amount (which, when aggregated with the related Eurodollar Lessor Funding) is at least $5,000,000. 
 2.4 Prepayments and Payments. 
 (a) The Borrower may at any time and from time to time prepay the Loans, in whole or in part, without premium or penalty (subject to compliance with Sections 10.3(b) and 10.5 of the Participation Agreement), upon at least three
(3) Business Days’ irrevocable notice to the Administrative Agent, specifying the date and amount of 

  

 3 

 
prepayment and whether the prepayment is of Eurodollar Loans, Base Rate Loans or a combination thereof, and, if a combination thereof, the amount allocable
to each; provided that all prepayments of Loans shall be applied pro rata between Series A Loans (aggregated as a single amount) and Series B Loans (aggregated as a single amount). Upon receipt of any such notice the Administrative Agent
shall promptly notify each Lender thereof. If any such notice is given, the amount specified in such notice shall be due and payable on the date specified therein. Amounts prepaid may not be reborrowed. 
 (b) If on any date the Administrative Agent or the Lessor shall receive any payment in respect of (i) any Casualty or Condemnation
pursuant to Section 15.1(a) or 15.1(g) of the Lease (excluding any payments in respect thereof which are payable to Lessee in accordance with the Lease), or (ii) the Termination Value of any Property in connection with the delivery
of a Termination Notice pursuant to Article XVI of the Lease, or (iii) the Termination Value of any Property in connection with the exercise of the option to purchase any Property under Section 17.11 of the Lease, (iv) the Termination
Value of any Property in connection with the exercise of a Purchase Option under Section 20.1(a) or (b) of the Lease or the exercise of the option of the Lessee to transfer the Properties to a third party pursuant to Section 20.1 of
the Lease, or (v) the Excess Land Purchase Price in connection with a purchase of Excess Land pursuant to Section 20.1(c) of the Lease, then in each case, the Borrower shall be required to prepay the principal balance of the Loans and
Lessor Fundings on such date (such prepayment to be applied pro rata as between Series A Loans and A Allocated Amount (aggregated as a single amount) and Series B Loans and B Allocated Amount (aggregated as a single amount)) in an amount equal to
such payment. 
 (c) Each prepayment of the Loans pursuant to Section 2.4(b) shall be allocated to reduce the Loan
Property Cost of the affected Property. Each prepayment of the Loans pursuant to Section 2.4(a) shall be allocated to reduce the respective Loan Property Costs of all Properties pro rata according to the Loan Property Costs of such
Properties immediately before giving effect to such prepayment. Each prepayment of the Loans pursuant to Section 2.4(a) or 2.4(b) shall be accompanied by a simultaneous prepayment of accrued interest on such Loan and Yield on such
Lessor Fundings and the simultaneous payment of any amounts payable under Section 10.5 of the Participation Agreement in connection with the prepayment of such Loan and Lessor Fundings. 
 (d) The outstanding principal amount of the Loans shall be due and payable in full to the Agent for the benefit of each Lender on the
Maturity Date, or earlier as specified herein or in any other Operative Agreement. 
 2.5 Interest Rates and Payment Dates.

 (a) Each Eurodollar Loan shall bear interest for each day during each Interest Period with respect thereto at a rate per
annum equal to the Eurodollar Rate for such day for such Loan. 
 (b) Each Base Rate Loan shall bear interest at a rate per
annum equal to the Base Rate. 
  

 4 

 (c) If all or a portion of (i) the principal amount of any Loan, (ii) any
interest payable on any Loan or (iii) any other amount payable hereunder shall not be paid when due (subject to applicable grace periods) (whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at
a rate per annum which is the lesser of (x) the interest rate applicable to such Loan (or in the case of clause (iii) above, the Base Rate) plus 2% and (y) the highest interest rate permitted by applicable law, in each case
from the date of such non-payment until such amount is paid in full (whether after or before judgment). In addition, if any Lease Event of Default has occurred and is continuing, each outstanding Loan shall bear interest at the lesser of
(A) the interest rate applicable to such Loan plus 2% or (B) the highest interest rate permitted by applicable law, in each case so long as such Lease Event of Default is continuing. 
 (d) Interest shall be payable in arrears on each Scheduled Interest Payment Date, provided that (i) interest accruing pursuant
to paragraph (c) of this Section 2.5 shall be payable from time to time on demand and (ii) each prepayment of any Loan shall be accompanied by accrued interest to the date of such prepayment on the amount prepaid.

 2.6 Computation of Interest. 
 (a) Interest shall be calculated on the basis established in Section 11.16 of the Participation Agreement, with respect to the length of a “year” and the number of days for which interest is accrued.
The Administrative Agent shall as soon as practicable notify the Borrower and the Lenders of each determination of a Eurodollar Rate. Any change in the interest rate on a Loan resulting from a change in the Base Rate, or the Reserve Requirement,
shall become effective as of the day on which such change in the Base Rate or Reserve Requirement becomes effective. The Administrative Agent shall as practicable notify the Borrower and the Lenders of the effective date and the amount of each such
change in interest rate. 
 (b) Each determination of an interest rate by the Administrative Agent pursuant to any provision
of this Agreement shall be conclusive and binding on the Borrower and the Lenders in the absence of manifest error. 
 (c) If
the Eurodollar Rate cannot be determined by the Administrative Agent in the manner specified in the definition of the term “Eurodollar Rate” referenced in Appendix A to the Participation Agreement, the Administrative Agent shall give
facsimile, e-mail or telephonic notice thereof to the Borrower and the Lenders as soon as practicable thereafter. Until such time as the Eurodollar Rate can be determined by the Administrative Agent in the manner specified in such definition of such
term, no further Eurodollar Loans shall be made or continued as such at the end of the then current Interest Period and all Loans shall continue as Base Rate Loans. 
 2.7 Pro Rata Treatment and Payments. 
 (a) The borrowing by the Borrower from the
Lenders hereunder shall be made pro rata according to the respective Commitment Percentages of such Category of the Lenders. Each payment (including each prepayment) by the Borrower on account of 

  

 5 

 
principal of and interest on the Series A Loans or the Series B Loans, as the case may be, shall be made pro rata according to the respective outstanding
principal amounts on the Loans of each such Category then held by each Lender. All payments (including prepayments) to be made by the Borrower hereunder and under the Notes, whether on account of principal, interest or otherwise, shall be made
without setoff, counterclaim or other defense and shall be made prior to 12:00 Noon, New York time, on the due date thereof to the Administrative Agent, for the account of the Lenders, at the Administrative Agent’s office specified in
Section 9.2, in Dollars and in immediately available funds. The Administrative Agent shall distribute such payments to the Lenders promptly upon receipt in like funds as received. If any payment hereunder becomes due and payable on a day
other than a Business Day, such payment shall be extended to the next succeeding Business Day; provided, however, if such payment includes an amount of interest calculated with reference to the Eurodollar Rate and the result of such
extension would be to extend such payment into another calendar month, then such payment shall be made on the immediately preceding Business Day. In the case of any extension of any payment of principal pursuant to the preceding two sentences,
interest thereon shall be payable at the then applicable rate during such extension. 
 (b) Unless the Administrative Agent
shall have been notified in writing by any Lender prior to a borrowing that such Lender will not make its share of such borrowing available to the Administrative Agent, the Administrative Agent may assume that such Lender is making such amount
available to the Administrative Agent, and the Administrative Agent may, in reliance upon such assumption, make available to the Borrower a corresponding amount. If such amount is not made available to the Administrative Agent by the required time
on the Borrowing Date therefor, such Lender shall pay to the Administrative Agent, on demand, such amount with interest thereon at a rate equal to the daily average Federal Funds Rate for the period until such Lender makes such amount immediately
available to the Administrative Agent. A certificate of the Administrative Agent submitted to any Lender with respect to any amounts owing under this Section 2.7(b) shall be conclusive in the absence of manifest error. If such
Lender’s share of such borrowing is not made available to the Administrative Agent by such Lender within three Business Days of such Borrowing Date, the Administrative Agent shall also be entitled to recover such amount with interest thereon at
the rate as set forth above on demand from the Borrower. 
 SECTION 3. CONDITIONS PRECEDENT 
 3.1 Conditions to Effectiveness. The effectiveness of this Agreement is subject to the satisfaction of all conditions precedent set forth in
Section 4 of the Participation Agreement required to be satisfied on or prior to the Restatement Effective Date and to the receipt by the Administrative Agent of the Notes, duly executed by the Borrower. 
 3.2 Conditions to the Loan. The agreement of each Lender to make the Loan requested to be made and/or continued by it on the Restatement Effective
Date is subject to the satisfaction of the following conditions precedent: 
 (a) Representations and Warranties. Each
of the representations and warranties made by the Borrower in or pursuant to the Operative Agreements shall be true and correct in all material respects on and as of such date as if made on and as of such date, except to the extent that such
representations and warranties expressly relate to an earlier date. 
  

 6 

 (b) Participation Agreement. The conditions precedent set forth in
Section 4.3 of the Participation Agreement shall have been satisfied. 
 SECTION 4. COVENANTS 
 So long as any Loan or Note remains outstanding and unpaid or any other amount is owing to any Lender or the Administrative Agent hereunder or under any
other Operative Agreement and so long as the Commitments have not been terminated: 
 4.1 Further Assurances. At any time and from time
to time, upon the written request of the Administrative Agent, and at the sole expense of the Borrower (or Lessee to the extent Lessee is obligated for such costs pursuant to the Operative Agreements), the Borrower will promptly and duly execute and
deliver such further instruments and documents and take such further action as the Administrative Agent or the Majority Financing Parties may reasonably request for the purpose of obtaining or preserving the full benefits of this Agreement and the
other Operative Agreements and of the rights and powers herein or therein granted. 
 SECTION 5. EVENTS OF DEFAULT 
 Upon the occurrence of any of the following specified events (each an “Event of Default”): 
 (a) The Borrower shall, except as provided in paragraph (c), default, in the payment when due of any principal or interest
on any Loan; or 
 (b) Except as provided in paragraphs (a) and (c), the Borrower shall fail to make
the payment of any amount due and payable owing under any of the Operative Agreements within five (5) Business Days after receipt of notice that such payment is due; or 
 (c) The Borrower shall default in the payment of any amount due on the Maturity Date owing under any Operative Agreements; or 

(d) The Borrower shall default in the due performance or observance by it of any term, covenant or agreement contained in any Operative
Agreement to which it is a party (other than those referred to in paragraphs (a), (b) and (c) above), provided that in the case of any such default under Section 4.1, such default shall
continue for a period of at least thirty (30) days after notice to the Borrower and the Lessee by the Administrative Agent or the Majority Financing Parties; or 
 (e) Any representation, warranty or statement made or deemed made by the Borrower herein or in any other Operative Agreement, or by the
Borrower or the Lessee 

  

 7 

 
in the Participation Agreement, the Lease or in any statement or certificate delivered or required to be delivered pursuant hereto or thereto, shall prove to
be untrue in any material respect on the date as of which made or deemed made; or 
 (f) There shall have occurred and be
continuing: 
 (i) any Lease Event of Default or other “Event of Default” (as defined in the Participation
Agreement); or 
 (ii) a default by the Borrower in the due performance or observance by it of any term, covenant or agreement
contained in the Participation Agreement to or for the benefit of the Administrative Agent or a Lender, provided that in the case of this clause (ii), such default shall continue unremedied for a period of at least thirty
(30) days after notice to the Lessor and the Lessee by the Administrative Agent or the Majority Financing Parties; or 
 (g) The Borrower shall be unable to pay its debts generally as they become due; file a petition to take advantage of any insolvency statute; make an assignment for the benefit of its creditors; commence a proceeding for the appointment of a
receiver, trustee, liquidator or conservator of itself or of the whole or any substantial part of its property; file a petition or answer seeking liquidation, reorganization or arrangement or similar relief under the federal bankruptcy laws or any
other applicable law or statute; or 
 (h) Any court of competent jurisdiction shall enter an order, judgment or decree
appointing a custodian, receiver, trustee, liquidator or conservator of the Borrower or of the whole or any substantial part of its properties and such order, judgment or decree continues unstayed and in effect for a period of ninety (90) days,
or approve a petition filed against the Borrower seeking liquidation, reorganization or arrangement or similar relief under the federal bankruptcy laws or any other applicable law or statute of the United States of America or any state, which
petition is not dismissed within ninety (90) days; or if, under the provisions of any other law for the relief or aid of debtors, a court of competent jurisdiction shall assume custody or control of the Borrower or of the whole or any
substantial part of its properties, which control is not relinquished within ninety (90) days; or if there is commenced against the Borrower any proceeding or petition seeking reorganization, arrangement or similar relief under the federal
bankruptcy laws or any other applicable law or statute of the United States of America or any state which proceeding or petition remains undismissed for a period of ninety (90) days; or if the Borrower takes any action to indicate its consent
to or approval of any such proceeding or petition; or 
 (i) Any Security Document shall cease to be in full force and effect,
or shall cease to give the Administrative Agent the Liens, rights, powers and privileges purported to be created thereby, in favor of the Administrative Agent on behalf of itself and the Lenders, superior to and prior to the rights of all third
Persons and subject to no other Liens (except Permitted Liens); or 
  

 8 

 (j) The Lease, the Guaranty or any other Operative Agreement shall cease to be
enforceable against the Lessee or any Guarantor; or 
 (k) Any default by any party shall have occurred and be continuing
under any lease or sublease (other than the Lease or any sublease by Lessee permitted under Section 24.2(b) of the Lease) of any portion of any Property; 
 then, and in any such event, (A) if such event is an Event of Default specified in paragraph (g) or (h) above with respect to the Borrower, the Commitments shall automatically and immediately terminate and the
Loans hereunder (with accrued interest thereon) and all other amounts owing under this Agreement, the Notes and any other Operative Agreements, shall immediately become due and payable, and (B) if such event is any other Event of Default,
either or both of the following actions may be taken: with the consent of the Majority Financing Parties, the Administrative Agent may, or upon the request of the Majority Financing Parties, the Administrative Agent shall, by notice to the Borrower,
declare the Loans hereunder (with accrued interest thereon) and all other amounts owing under this Agreement, the Notes and any other Operative Agreements, to be due and payable forthwith, whereupon the same shall immediately become due and payable
(any of the foregoing occurrences or actions referred to in clause (A) or (B) above, being referred to as an “Acceleration”). Except as expressly provided above in this Section 5, presentment,
demand, protest and all other notices of any kind are hereby expressly waived. 
 Upon the occurrence of any Event of Default and at any time
thereafter so long as any Event of Default shall be continuing, the Administrative Agent may, and upon the written instructions of the Majority Financing Parties shall, exercise any or all of the rights and powers and pursue any or all of the
remedies available to it hereunder and under the other Operative Agreements and the Lease and shall have any and all rights and remedies available under the Uniform Commercial Code or any other provision of law (all such remedies being cumulative
and in addition to any other remedies that may be available). 
 Upon the occurrence of any Event of Default and at any time thereafter so
long as any Event of Default shall be continuing, the Administrative Agent may, and upon request of the Majority Financing Parties shall, proceed to protect and enforce this Agreement, the Notes, the Lease and the other Operative Agreements by one
or more suits or proceedings in equity, at law or in bankruptcy, whether for the specific performance of any covenant or agreement contained therein or in execution or aid of any power granted therein, or for foreclosure hereunder, or for the
appointment of a receiver for any Property, or for the recovery of judgment for any indebtedness secured thereby, or for the enforcement of any other remedy available under applicable laws. 
 The Borrower shall be liable for any and all accrued and unpaid amounts due hereunder before, during or after the exercise of any of the foregoing
remedies, including without limitation all reasonable legal fees and other reasonable costs and expenses incurred by the Administrative Agent or any Lender by reason of the occurrence of any Event of Default or the exercise of remedies with respect
thereto. 
  

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 SECTION 6. THE ADMINISTRATIVE AGENT 
 6.1 Appointment and Authorization of Administrative Agent. Each Lender hereby appoints SunTrust Equity Funding, LLC to succeed SunTrust Bank, as
Administrative Agent. Each Lender hereby irrevocably (subject to Section 6.9) appoints, designates and authorizes Administrative Agent to take such action on its behalf under the provisions of this Agreement and each other Operative
Agreement and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Agreement or any other Operative Agreement, together with such powers as are reasonably incidental thereto. Notwithstanding any
provision to the contrary contained elsewhere in this Agreement or in any other Operative Agreement, Administrative Agent shall not have any duties or responsibilities, except those expressly set forth herein, nor shall Administrative Agent have or
be deemed to have any fiduciary relationship with any Lender or participant, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Operative Agreement or otherwise
exist against Administrative Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Agreement or any other Operative Agreement with reference to Administrative 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. 
 6.2 Delegation of Duties. Administrative Agent may execute any of its duties under this
Agreement or any other Operative Agreement by or through agents, employees or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Administrative Agent shall not be responsible for the
negligence or misconduct of any agent or attorney-in-fact that it selects in the absence of gross negligence or willful misconduct. 
 6.3
Liability of Administrative Agent. No Administrative Agent-Related Person shall (i) be liable for any action taken or omitted to be taken by any of them under or in connection with this Agreement or any other Operative Agreement or the
transactions contemplated hereby (except for its own gross negligence or willful misconduct in connection with its duties expressly set forth herein), or (ii) be responsible in any manner to any Financing Party or participant for any recital,
statement, representation or warranty made by any Lessee/Borrower Party or any officer of any of the foregoing, contained in this Agreement or in any other Operative Agreement, or in any certificate, report, statement or other document referred to
or provided for in, or received by Administrative Agent under or in connection with, this Agreement or any other Operative Agreement, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Operative
Agreement, or for any failure of any Lessee/Borrower Party or any other party to any Operative Agreement to perform its obligations hereunder or thereunder. No Administrative Agent-Related Person shall be under any obligation to any Financing Party
or participant to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Operative Agreement, or to inspect the properties, books or records of Lessee/Borrower
Party or any Subsidiary or affiliate thereof. 
  

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 6.4 Reliance by Administrative Agent. 
 (a) Administrative Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, communication, signature,
resolution, representation, notice, consent, certificate, affidavit, letter, telegram, facsimile, telex or telephone message, statement 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 Lessee/Borrower Party), independent accountants and other experts selected by Administrative Agent. Administrative Agent shall be fully
justified in failing or refusing to take any action under any Operative Agreement unless it shall first receive such advice or concurrence of Majority Financing Parties as it deems appropriate and, if it so requests, it shall first be indemnified to
its satisfaction by the Financing Parties against any and all liability and expense which may be incurred by it by reason of taking or continuing to take any such action. Administrative Agent shall in all cases be fully protected in acting, or in
refraining from acting, under this Agreement or any other Operative Agreement in accordance with a request or consent of Majority Financing Parties or all Financing Parties, if required hereunder, and such request and any action taken or failure to
act pursuant thereto shall be binding upon all Financing Parties and participants. Where this Agreement expressly permits or prohibits an action unless Majority Financing Parties otherwise determine, and in all other instances, Administrative Agent
may, but shall not be required to, initiate any solicitation for the consent or a vote of Financing Parties. 
 (b) For
purposes of determining compliance with the conditions specified in Sections 3 and 4 of the Participation Agreement, and Section 3 hereof, each Financing Party and participant shall be deemed to have consented to, approved or
accepted or to be satisfied with, each document or other matter either sent by Administrative Agent to each Financing Party for consent, approval, acceptance or satisfaction, or required thereunder to be consented to or approved by or acceptable or
satisfactory to a Financing Party. 
 6.5 Notice of Default. Administrative Agent shall not be deemed to have knowledge or notice of
the occurrence of any Default or Event of Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to Administrative Agent for the account of Lenders, unless Administrative Agent shall have received
written notice from a Lender, Borrower or Lessee referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default”. Administrative Agent will notify the Financing Parties of its
receipt of any such notice. Administrative Agent shall take such action with respect to such Default or Event of Default as may be directed by the Majority Financing Parties in accordance with Section 8; provided, however,
that unless and until Administrative Agent has received any such direction, 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 as it shall
deem advisable or in the best interest of the Financing Parties. 
 6.6 Credit Decision; Disclosure of Information by Administrative
Agent. Each Lender and participant acknowledges that no Administrative Agent-Related Person has made any representation or warranty to it, and that no act by Administrative Agent hereinafter taken, including any consent to and acceptance of any
assignment or review of the affairs of any Lessee/Borrower Party or any of its Subsidiaries or Affiliates, shall be deemed to constitute any representation or warranty by any Administrative Agent-Related Person to any Lender or 

  

 11 

 
participant as to any matter, including whether Administrative Agent-Related Persons have disclosed material information in their possession. Each Lender,
including any Lender by assignment, and each participant represents to Administrative Agent that it has, independently and without reliance upon any Administrative Agent-Related Person and based on such documents and information as it has deemed
appropriate, made its own appraisal of and investigation into the business, prospects, operations, property, financial and other condition and creditworthiness of each Lessee/Borrower Party and its Subsidiaries and Affiliates, and all applicable
bank regulatory laws relating to the transactions contemplated hereby, and made its own decision to enter into this Agreement and to extend credit to any Lessee/Borrower Party hereunder. Each Lender and participant also represents that it will,
independently and without reliance upon any Administrative Agent-Related Person 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 Operative Agreements, and to make such investigations as it deems necessary to inform itself as to the business, prospects, operations, property, financial and other condition and creditworthiness of
each Lessee/Borrower Party and its Subsidiaries and Affiliates. Except for notices, reports and other documents expressly required to be furnished to Lenders by Administrative Agent herein, Administrative Agent shall not have any duty or
responsibility to provide any Lender or participant with any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any Lessee/Borrower Party or any of its
Subsidiaries or Affiliates which may come into the possession of any Administrative Agent-Related Person. 
 6.7 Indemnification of
Administrative Agent. Whether or not the transactions contemplated hereby are consummated, Lenders shall indemnify upon demand each Administrative Agent-Related Person (to the extent not reimbursed by or on behalf of any Lessee/Borrower Party
and without limiting the obligation of any Lessee/Borrower Party to do so), pro rata, and hold harmless each Administrative Agent-Related Person from and against any and all Indemnified Claims incurred by it; provided, however, that no
Lender shall be liable for the payment to any Administrative Agent-Related Person of any portion of such Indemnified Claims resulting from such Person’s gross negligence or willful misconduct; provided, however, that no action
taken in accordance with the directions of Majority Financing Parties shall be deemed to constitute gross negligence or willful misconduct for purposes of this Section. Without limitation of the foregoing, each Lender shall reimburse Administrative
Agent upon demand for its ratable share of any costs or out-of-pocket expenses (including Attorney Costs) incurred by 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 Operative Agreement, or any document contemplated by or referred to herein, to
the extent that Administrative Agent is not reimbursed for such expenses by or on behalf of any Lessee/Borrower Party. The undertaking in this Section shall survive the payment of all obligations of any Person hereunder or under any other Operative
Agreement and the resignation or replacement of Administrative Agent. 
 6.8 Administrative Agent in Individual Capacity. SunTrust
Equity Funding, LLC 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, 

  

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underwriting or other business with any Lessee/Borrower Party and its Subsidiaries and Affiliates as though SunTrust Equity Funding, LLC were not
Administrative Agent hereunder and without notice to or consent of Lenders. Lenders and participants acknowledge that, pursuant to such activities, SunTrust Equity Funding, LLC or its Affiliates may receive information regarding any Lessee/Borrower
Party or its Affiliates (including information that may be subject to confidentiality obligations in favor of any Lessee/Borrower Party or such Affiliate) and acknowledge that Administrative Agent shall be under no obligation to provide such
information to them. The Lenders hereby acknowledge that the Borrower is an Affiliate of the Administrative Agent; with respect to its rights as Lessor under the Operative Agreement, SunTrust Bank shall have the same rights and powers under this
Agreement and the other Operative Agreements as any other Financing Party (as the case may be) and may exercise the same as though its Affiliate were not Administrative Agent. 
 6.9 Successor Administrative Agent. Administrative Agent may resign as Administrative Agent upon 30 days’ notice to the Financing Parties. If
Administrative Agent resigns under this Agreement, the Majority Financing Parties shall appoint from among the Lenders a successor administrative agent for the Lenders which successor administrative agent must be consented to by Lessee at all times
other than during the existence of a Lease Event of Default (which consent of Lessee shall not be unreasonably withheld or delayed). If no successor administrative agent is appointed prior to the effective date of the resignation of Administrative
Agent, Administrative Agent may appoint, after consulting with the Financing Parties and Lessee, a successor administrative agent from among the Financing Parties. Upon the acceptance of its appointment as successor administrative agent hereunder,
such successor administrative agent shall succeed to all the rights, powers and duties of the retiring Administrative Agent and the term “Administrative Agent” shall mean such successor administrative agent and the retiring Administrative
Agent’s appointment, powers and duties as Administrative Agent shall be terminated. After any retiring Administrative Agent’s resignation hereunder as Administrative Agent, the provisions of this Section 6 and Sections 6 and 10
of the Participation Agreement shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement. If no successor administrative agent has accepted appointment as Administrative
Agent (whether by failure to obtain Lessee consent or otherwise) by the date which is 30 days following a retiring Administrative Agent’s notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon
become effective and Lenders shall perform all of the duties of Administrative Agent hereunder until such time, if any, as the Majority Financing Parties appoint a successor agent as provided for above. 
 6.10 Collateral Matters. 
 (a) Each Lender hereby irrevocably (subject to Section 6.9) appoints, designates and authorizes Administrative Agent to take such action on its behalf and on behalf of any other Financing Party under the provisions of this
Agreement and each other Operative Agreement and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Agreement or any other Operative Agreement, together with such powers as are reasonably incidental
thereto. Notwithstanding any provision to the contrary contained elsewhere in this Agreement or in any other Operative Agreement, Administrative Agent shall not have any duties or 

  

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responsibilities, except those expressly set forth herein and in any other Security Document to which it is a party, nor shall Administrative Agent have or
be deemed to have any fiduciary relationship with any Financing Party or participant, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Operative Agreement or
otherwise exist against Administrative Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Agreement with reference to Administrative 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. Without limiting the generality of Section 6.8, each Lender hereby acknowledges and agrees that the Administrative Agent is acting as a collateral agent for itself and the Financing Parties under the Security
Documents (other than the Pledge Agreement); and each Lender hereby authorizes the Administrative Agent to carry out all those obligations and the Administrative Agent shall be entitled to all the rights and benefits of the collateral agent
described in the Security Documents to which it is a party. In addition, each Lender acknowledges that the Administrative Agent shall enter into the Intercreditor Agreement and may enter into amendments hereto from time to time; each Lender
authorizes the Administrative Agent to enter into the Intercreditor Agreement and amendments thereto on its behalf and agrees to be bound thereby. Administrative Agent shall have all of the benefits and immunities (i) provided to Administrative
Agent in this Section 6 with respect to the Operative Agreements and the transactions contemplated therein, including without limitations any acts taken or omissions suffered by Administrative Agent in connection with or contemplated by
such documents or transactions as fully as if the term “Administrative Agent” as used in this Section 6 included Administrative Agent with respect to such documents, transactions, acts or omissions, and (ii) as
additionally provided in this Agreement and the other Operative Agreements with respect to Administrative Agent. 
 (b) The
Administrative Agent is authorized on behalf of all the Financing Parties, without the necessity of any notice to or further consent from the Financing Parties, from time to time take any action with respect to any Collateral or the Security
Documents which may be necessary to perfect and maintain perfected the security interest in and Liens upon the Collateral granted pursuant to the Security Documents. 
 (c) The Lenders irrevocably authorize the Administrative Agent, at its option and in its discretion, to release any Lien granted to or
held by the Administrative Agent upon any Collateral (i) upon payment in full of all Loans and Lessor Fundings and all other obligations of any Lessee/Borrower Party known to the Administrative Agent and payable under this Agreement or any
other Operative Agreement; (ii) constituting property sold or to be sold or disposed of as part of or in connection with any disposition permitted hereunder; (iii) constituting property (other than any Property) in which Lessee or any
Subsidiary owned no interest at the time the Lien was granted or at any time thereafter; (iv) constituting property (other than any Property) leased by Tech Data or any Subsidiary in a transaction permitted under this Agreement or any other
Operative Agreement; or (v) consisting of an instrument evidencing Indebtedness or other debt instrument (other than an Operative Agreement), if the indebtedness evidenced thereby 

  

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has been paid in full. Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent’s authority to
release particular types or items of Collateral pursuant to this Section 6.10(c), provided that the absence of any such confirmation for whatever reason shall not affect the Administrative Agent’s rights under this
Section 6.10(c). 
 SECTION 7. MATTERS RELATING TO PAYMENT AND COLLATERAL 
 7.1 Collection of Payments and Other Amounts. 
 (a) The Lessee has agreed pursuant to the terms of the Participation Agreement to pay directly to the Administrative Agent any and all Rent and any other amounts of any kind or type owing by the Lessee to the Lessor
under the Lease or any other Operative Agreement. The Administrative Agent shall, promptly after receipt, apply in accordance with the terms of this Section 7 any such amounts received from the Lessee and all other payments, receipts and
other consideration received by the Administrative Agent pursuant to the Security Agreement or otherwise received by the Administrative Agent or any of the Lenders in connection with the Collateral, the Security Documents or any of the other
Operative Agreements. 
 (b) Payments and other amounts received by the Administrative Agent from time to time in accordance
with the terms of subparagraph (a) shall be applied as follows: 
 (i) Any such payment identified as Basic Rent
shall be applied by the Administrative Agent first, ratably to the Financing Parties for application to the payment of interest on the Loans and Yield on the Allocated Amount which is due and payable on such date; and second, if no
Default or Event of Default has occurred and is continuing, any excess shall be paid to such Person or Persons as the Lessee may designate; provided that if a Default or Event of Default is in effect, such excess (if any) shall instead be
held by the Administrative Agent until the earlier of (I) the first date thereafter on which no Default or Event of Default shall be continuing (in which case such payments shall then be made to such other Person or Persons designated by the
Lessee) and (II) the Maturity Date (or, if earlier, the date of any Acceleration) in which case such amounts shall be applied in the manner contemplated by Section 7.1(b)(v). 
 (ii) Any such payment or amount described in Section 2.4(b) shall be applied in accordance with the terms of
Section 2.4(b). 
 (iii) Any such payment identified as proceeds of the sale of any Property, pursuant to Article
XXII of the Lease and any payment in respect of excess wear and tear pursuant to Section 22.3 of the Lease, shall be applied by the Administrative Agent first, ratably to the payment of the principal and interest of the Series B Loans
and principal and Yield of the B Allocated Amount then outstanding with respect to such Property, second, ratably to the payment of the principal and interest of the Series A Loans and principal and Yield on the A Allocated Amount with
respect to such Property, third, ratably to 

  

 15 

 
the payment of any and all other amounts owing to the Administrative Agent and the Financing Parties hereunder or under any of the other Operative Agreements
with respect to such Property and thereafter as the Lessee shall determine. 
 (iv) Any such payment identified as proceeds of
the sale of any Property pursuant to the exercise of remedies under the Security Documents or otherwise (except as set forth in Section 7.1(b)(iii), shall be applied by the Administrative Agent first, ratably to the payment of the
principal and interest of the Loans and principal and Yield of the Allocated Amount then outstanding, second, ratably to any and all other amounts owing to the Administrative Agent and the Financing Parties hereunder or under any of the other
Operative Agreements and thereafter as the Lessee shall determine. 
 (v) Any such payment identified as a payment pursuant to
Section 22.1(b) of the Lease (or otherwise) of the Maximum Residual Guarantee Amount (or any such lesser amount as may be required by Section 22.1(b) of the Lease) in respect of the Properties shall be applied by the Administrative Agent
first, ratably to the payment of the principal and interest balance of the Series A Loans and principal and Yield on the A Allocated Amount then outstanding, second, ratably to the payment of the principal and interest balance of the
Series B Loans and principal and Yield on the B Allocated Amount then outstanding, and third, to the payment of any other amounts owing to the Administrative Agent or the Financing Parties hereunder or under any of the other Operative
Agreement, and thereafter as the Lessee shall determine. 
 (vi) Any such payment identified as Supplemental Rent shall be
applied by the Administrative Agent to the payment of any amounts then owing to the Administrative Agent, the Financing Parties and the other parties to the Operative Agreements (or any of them) (other than any such amounts payable pursuant to the
preceding provisions of this Section 7.1(b)) as shall be determined by the Administrative Agent in its reasonable discretion. 
 (vii) The Administrative Agent in its reasonable judgment shall identify the nature of each payment or amount received by the Administrative Agent and apply each such amount in the manner specified above. 

(c) Upon the payment in full of the Loans and all other amounts owing by the Borrower hereunder or under any other Credit Document, any
such moneys remaining with the Administrative Agent shall be paid to the Borrower for disbursement in accordance with the Operative Agreements and if not provided for thereunder to such other Person or Persons as the Borrower may designate. In the
event of an Acceleration it is agreed that, prior to the application of amounts received by the Administrative Agent in the order described in Section 7.1(b) above, any such amounts shall first be applied to the payment of (i) any
and all sums advanced by the Administrative Agent in order to preserve the Collateral or preserve its security interest therein, (ii) the reasonable expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing or
realizing on the Collateral, or of any exercise by the Administrative Agent of its rights 

  

 16 

 
under the Security Documents, together with reasonable attorneys’ fees and court costs and (iii) any other amounts owed to the Administrative Agent
under or in connection with the transactions contemplated by the Operative Agreements (including without limitation any accrued and unpaid administration fees). 
 7.2 Certain Remedial Matters. Notwithstanding any other provision of this Agreement or any other Credit Document: 
 (a) the Borrower shall at all times retain all rights to Excepted Payments payable to or for the account of the Lessor and to demand, collect or commence an action at law to obtain such payments and to enforce any
judgment with respect thereto (but not to terminate the Lease as a result thereof); and 
 (b) the Borrower shall at all times
retain the right, but not to the exclusion of the Administrative Agent, (A) to receive from the Lessee all notices, certificates and other documents and all information that the Lessee is permitted or required to give or furnish to the Borrower
or the Lessor pursuant to the Lease, the Participation Agreement or any other Operative Agreement, (B) to retain all rights with respect to insurance that Article XIV of the Lease specifically confers upon the “Lessor”, (C) to
provide such insurance as the Lessee shall have failed to maintain or as the Borrower may desire, and (D) to enforce compliance by the Lessee with the provisions of Articles VIII, IX, X, XI, XIV and XVII of the Lease. 
 7.3 Release of Properties, etc. If the Lessee (or its designee) shall at any time purchase any Property or any Excess Land pursuant to the terms
of the Lease, or if any Property shall be sold in accordance with Article XXII of the Lease, then, upon satisfaction by the Borrower of its obligation to prepay the Loans and to pay accrued interest on the Loans so prepaid pursuant to
Section 2.4, the Administrative Agent is hereby authorized to release such Property or Excess Land from the Liens created by the Security Documents. In addition, upon the termination of the Commitments and the payment in full of the
Loans and all other amounts owing by the Borrower hereunder or under any other Operative Agreement the Administrative Agent is hereby authorized to release all of the Properties from the Liens created by the Security Documents; provided that
such payment shall be sufficient to pay in full the Loans and all other amounts owing by the Borrower or the Lessee hereunder or under the other Operative Agreements. Upon request of the Borrower or the Lessee following any such release, the
Administrative Agent shall, at the sole cost and expense of the Borrower or the Lessee, execute and deliver to the Borrower or the Lessee such documents as the Borrower or the Lessee shall reasonably request to evidence such release. 
 7.4 Excepted Payments. Notwithstanding any other provision of this Agreement or the Security Documents, any Excepted Payment received at any time
by the Administrative Agent shall be distributed promptly to the Person entitled to receive such Excepted Payment. 
  

 17 

 SECTION 8. MISCELLANEOUS 
 8.1 Amendments and Waivers. None of the terms or provisions of this Agreement may be terminated, amended, supplemented, waived or modified except
in accordance with the terms of Section 11.5 of the Participation Agreement. 
 8.2 Notices. Unless otherwise expressly specified
or permitted by the terms hereof, all notices, requests, demands, directions, agreements and documents delivered in connection with this Agreement shall be delivered as provided in Section 11.3 of the Participation Agreement. 
 8.3 No Waiver; Cumulative Remedies. No failure to exercise and no delay in exercising, on the part of the Administrative Agent or any Lender, any
right remedy, power or privilege hereunder or under the other Operative Agreements shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or privilege hereunder preclude any other or future exercise
thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights, remedies, powers and privileges provided by law. 
 8.4 Survival of Representations and Warranties. All representations and warranties made hereunder, in the other Operative Agreements and in any
document, certificate or statement delivered pursuant hereto or in connection herewith shall, except as otherwise specifically limited therein, survive the execution and delivery of this Agreement and the Notes and the making of the Loans hereunder.

 8.5 Payment of Expenses and Taxes. The Borrower agrees to: (a) pay all reasonable out-of-pocket costs and expenses of
(i) the Administrative Agent, whether or not the transactions herein contemplated are consummated, in connection with the negotiation, preparation, execution and delivery of the Operative Agreements and the documents and instruments referred to
therein and any amendment, waiver or consent relating thereto (including, without limitation, the reasonable fees and disbursements of counsel for the Agent) and (ii) the Administrative Agent and each of the Lenders in connection with the
enforcement of the Operative Agreements and the documents and instruments referred to therein (including, without limitation, the reasonable fees and disbursements of counsel for the Administrative Agent and for each of the Lenders) and (b) pay
and hold each of the Lenders harmless from and against any and all present and future stamp and other similar taxes with respect to the foregoing matters and save each of the Lenders harmless from and against any and all liabilities with respect to
or resulting from any delay or omission (other than to the extent attributable to such Lender) to pay such taxes. 
 8.6 Successors and
Assigns; Participations and Assignments. This Agreement shall be binding upon and inure to the benefit of the Borrower, the Lenders, the Administrative Agent, all future holders of the Notes and their respective successors and assigns, except
that the Borrower may not assign or transfer any of its rights or obligations under this Agreement without the prior written consent of each Lender. 
 8.7 Participations. Any Lender may, in the ordinary course of its business and in accordance with applicable law, at any time sell to one or more banks, financial institutions or 

  

 18 

 
other entities (each, a “Participant”) participating interests in any Loan owing to such Lender, the Notes held by such Lender, any
Commitment of such Lender or any other interest of such Lender hereunder and under the other Operative Agreements; provided that any such sale of a participating interest shall be in a principal amount of at least $5,000,000. In the event of
any such sale by a Lender of a participating interest to a Participant, such Lender’s obligations under this Agreement shall remain unchanged, such Lender shall remain solely responsible for the performance thereof, such Lender shall remain the
holder of any such Note for all purposes under this Agreement and the Notes, and the Borrower and the Administrative Agent shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under
this Agreement and the Notes. In no event shall any Participant have any right to approve any amendment or waiver of any provision of this Agreement or any other Operative Agreement, or any consent to any departure by the Borrower or any other
Person therefrom, except to the extent that such amendment, waiver or consent would (a) reduce the principal of, or interest on, any Loan or Note, or postpone the date of the final maturity of any Loan or Note, in each case to the extent
subject to such participation or (b) release all or substantially all of the Collateral. 
 8.8 Assignments; Additional
Commitment. 
 (a) Any Lender may, in accordance with applicable law, at any time and from time to time assign to any
Lender or any affiliate of any Lender or, with the consent (subject to Section 9.1 of the Participation Agreement) of the Borrower (unless an Event of Default hereunder shall have occurred and be continuing) and the Administrative Agent (which
in each case shall not be unreasonably withheld, conditioned or delayed), to an additional bank, financial institution or other entity that (i) is either organized under the laws of the United States or any state thereof or is a foreign bank
that operates a branch office in the United States and (ii) in either case, is not the Lessee or any affiliate of the Lessee, (each such permitted assignee being referred to as a “Purchasing Lender”), all or any part of its
rights and obligations under this Agreement and the other Operative Agreements pursuant to an Assignment and Acceptance, substantially in the form of Exhibit C, executed by such Purchasing Lender, such assigning Lender (and, in the case of a
Purchasing Lender that is not a Lender or an affiliate thereof, subject to Section 9.1 of the Participation Agreement, by the Borrower and the Administrative Agent) and delivered to the Administrative Agent for its acceptance and recording in
the Register; provided that no such assignment to a Purchasing Lender (other than any Lender or any affiliate thereof) of the Commitments hereunder shall be in an aggregate principal amount less than $5,000,000 (other than in the case of an
assignment of all of a Lender’s interests under this Agreement and the Notes), and provided further that the assigning Lender shall simultaneously assign to the same Purchasing Lender the same percentage of the assigning
Lender’s rights and obligations under each of the Operative Agreements (with respect to each of the Series A Loans and the Series B Loans). Upon such execution, delivery, acceptance and recording, from and after the effective date determined
pursuant to such Assignment and Acceptance, (x) the Purchasing Lender thereunder shall be a party hereto and, to the extent provided in such Assignment and Acceptance, have the rights and obligations of a Lender hereunder with a Commitment as
set forth therein, and (y) the assigning Lender thereunder shall, to the extent provided in such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the case of an 

  

 19 

 
Assignment and Acceptance covering all of the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such assigning
Lender shall cease to be a party hereto). Notwithstanding anything to the contrary in this Agreement, the consent of the Borrower shall not be required for any assignment which occurs at any time when any of the events described in
Section 5(g) shall have occurred and be continuing. 
 (b) Upon its receipt of an Assignment and Acceptance
executed by an assigning Lender and a Purchasing Lender (and, in the case of a Purchasing Lender that is not a Lender or an affiliate thereof, by the Borrower and the Administrative Agent) together with payment to the Administrative Agent of a
registration and processing fee of $4,000, the Administrative Agent shall (i) promptly accept such Assignment and Acceptance and (ii) promptly after the effective date determined pursuant thereto, record the information contained therein
in the Register and give notice of such acceptance and recordation to the Lenders and the Borrower on or prior to such effective date. 
 (c) Each Purchasing Lender (other than any Lender organized and existing under the laws of the U.S. or any state thereof, or any political subdivision of the U.S. or of any such state), by executing and delivering an
Assignment and Acceptance, 
 (i) agrees to execute and deliver to the Administrative Agent, as promptly as practicable, four
signed copies (two for the Administrative Agent and two for delivery by the Administrative Agent to the Borrower) of IRS Form 1001, Form 4224, Form W-8BEN, Form W-8ECI, or Form W-8 (or any successor form or comparable form) claiming complete
exemption from withholding and deduction for or on account of U.S. Federal taxes on or in respect of payments of principal and interest under or in respect of this Agreement (it being understood that if the applicable form is
not so delivered, payments under or in respect of this Agreement may be subject to withholding and deduction); 
 (ii)
represents and warrants to the Borrower and the Administrative Agent that the form so delivered is true and accurate and that, as of the effective date of the applicable Assignment and Acceptance, each of such Purchasing Lender’s Lending
Offices is entitled to receive payments of principal and interest under or in respect of this Agreement without withholding or deduction for or on account of any taxes imposed by the U.S. Federal government; 
 (iii) agrees to deliver annually hereafter to each of the Borrower and the Administrative Agent not later than December 31 of the
year preceding the year to which it will apply, two further properly completed signed copies of IRS Form 1001, Form 4224, Form W-8BEN, Form W-8ECI or Form W-8 (or any successor form or comparable form), as appropriate, unless an event has occurred
which renders the relevant form inapplicable (it being understood that if the applicable form is not so delivered, payments under or in respect of this Agreement may be subject to withholding and deduction); 
  

 20 

 (iv) agrees to promptly notify the Borrower and the Administrative Agent in writing if it
ceases to be entitled to receive payments of principal and interest under or in respect of this Agreement without withholding or deduction for or on account of any taxes imposed by the U.S. or any political subdivision in or of the U.S. (it
being understood that payments under or in respect of this Agreement may be subject to withholding and deduction in such event); 
 (v) acknowledges that in the event it ceases to be exempt from withholding or deduction of such taxes, the Administrative Agent may withhold or deduct the applicable amount from any payments to which such assignee
Lender would otherwise be entitled, without any liability to such assignee Lender therefor; and 
 (vi) agrees to indemnify
the Borrower and the Administrative Agent from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs or expenses that result from such assignee Lender’s breach of any such representation,
warranty or agreement. 
 (d) Any Lender party to this Agreement may, from time to time and without the consent of the
Borrower or any other Person, pledge or assign for security purposes any portion of its Loans or any other interests in this Agreement and the other Operative Agreements to any Federal Reserve Bank. 
 8.9 The Register; Disclosure. The Administrative Agent shall maintain at its address referred to in Section 8.2 a copy of each
Assignment and Acceptance delivered to it and a register (the “Register”) for the recordation of the names and addresses of the Lenders, the Commitments of the Lenders, and the principal amount of the Loans by Series owing to each
Lender from time to time. The entries in the Register shall be conclusive, in the absence of clearly demonstrable error, and the Borrower, the Administrative Agent and the Lenders may treat each Person whose name is recorded in the Register as the
owner of the Loan recorded therein for all purposes of this Agreement. The Register shall be available for inspection by the Borrower or any Lender at any reasonable time and from time to time upon reasonable notice. 
 8.10 Adjustments. If any Lender (a “Benefitted Lender”) shall at any time receive any payment of all or part of its Loans, or
interest thereon, or receive any collateral in respect thereof (whether voluntarily or involuntarily, by set-off, pursuant to events or proceedings of the nature referred to in Section 5(g), or otherwise), in a greater proportion than
any such payment to or collateral received by any other Lender, if any, in respect of such other Lender’s Loans, or interest thereon, such Benefitted Lender shall purchase for cash from the other Lenders a participating interest in such portion
of each such other Lender’s Loans, or shall provide such other Lenders with the benefits of any such collateral, or the proceeds thereof, as shall be necessary to cause such Benefitted Lender to share the excess payment or benefits of such
collateral or proceeds ratably with each of the Lenders as to each Category of Loans; provided, however, that if all or any portion of such excess payment or benefit is thereafter recovered from such Benefitted Lender, such purchase
shall be rescinded, and the purchase price and benefits returned, to the extent of such recovery, but without interest. The Borrower agrees that any Lender so purchasing a participation from a Lender pursuant to this Section 8.10 may, to
the 

  

 21 

 
fullest extent permitted by law, exercise all of its rights of payment (including the right of set-off) with respect to such participation as fully as if
such Person were the direct creditor of the Borrower in the amount of such participation. 
 8.11 Counterparts. This Agreement may be
executed by one or more of the parties to this Agreement on any number of separate counterparts (including by telefacsimile), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A set of the copies
of this Agreement signed by all the parties shall be lodged with the Borrower and the Administrative Agent. 
 8.12 Severability. Any
provision of this Agreement which 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. 
 8.13 Integration. This Agreement and the other Operative Documents represent the agreement of the Borrower, the Administrative Agent, and the Lenders with respect to the subject mater hereof, and there are no promises, undertakings,
representations or warranties by the Administrative Agent or any Lender relative to subject matter hereof not expressly set forth or referred to herein or in the other Operative Documents. 
 8.14 GOVERNING LAW; WAIVER OF JURY TRIAL. 
 (a) THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF FLORIDA, WITHOUT REGARD TO ANY OTHERWISE APPLICABLE PRINCIPLES OF CONFLICT OF LAWS. 
 (b) TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN
ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN. 
 8.15 Submission To Jurisdiction;
Waivers. The Borrower hereby irrevocably and unconditionally: 
 (a) submits for itself and its property in any legal
action or proceeding relating to this Agreement and the other Operative Agreement to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the Courts of the State of
Florida and the courts of the United States of America for the Middle District of Florida, Tampa Division, and appellate courts from any thereof; 
 (b) consents that any such action or proceeding may be brought in such courts and waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such
action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same, 
  

 22 

 (c) agrees that service of process in any such action or proceeding may be effected by
mailing a copy thereof by registered or certified mail (or any substantially similar form of mail) postage prepaid, to the Borrower at its address set forth in Section 8.2 or at such other address of which the Administrative Agent shall
have been notified pursuant thereto; 
 (d) agrees that nothing herein shall affect the right to effect service of process in
any other manner permitted by law or shall limit the right to sue in any other jurisdiction; and 
 (e) waives, to the maximum
extent not prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this Section 8.15 any special, exemplary, punitive or consequential damages. 
 8.16 Acknowledgments. Borrower hereby acknowledges that: 
 (a) neither the Administrative Agent nor any Lender has any fiduciary relationship with or duty to the Borrower arising out of or in
connection with this Agreement or any of the other Operative Agreements, and the relationship between the Administrative Agent and the Lenders, on one hand, and the Borrower, on the other hand, in connection herewith or therewith is solely that of
debtor and creditor; and 
 (b) no joint venture is created hereby or by the other Operative Agreement or otherwise exists by
virtue of the transactions contemplated hereby among the Lenders or among the Borrower and the Lenders. 
 8.17 Nonrecourse. Anything
to the contrary contained in this Agreement or in any other Operative Agreement notwithstanding, neither the Borrower nor any officer, director or shareholder thereof, nor any of the Borrower’s successors or assigns (all such Persons being
hereinafter referred to collectively as the “Exculpated Persons”), shall be liable in its individual capacity in any respect for any liability or obligation hereunder or under any other Operative Agreement including the payment of
the principal of, or interest on, the Notes, or for monetary damages for the breach of performance of any of the covenants contained in this Agreement, the Notes or any of the other Operative Agreements. The Administrative Agent and the Lenders
agree that, in the event any of them pursues any remedies available to them under this Agreement, the Notes or any other Operative Agreement, neither the Administrative Agent nor the Lenders shall have any recourse against the Borrower, nor any
other Exculpated Person, for any deficiency, loss or claim for monetary damages or otherwise resulting therefrom and recourse shall be had solely and exclusively against the Property and Collateral and the Lessee; but nothing contained herein shall
be taken to prevent recourse against or the enforcement of remedies against the Property and Collateral in respect of any and all liabilities, obligations and undertakings contained in this Agreement, the Notes or any other Operative Agreement.
Notwithstanding the provisions of this Section, nothing in this Agreement, the Participation Agreement, the Notes, the Security Agreement, the Mortgage Instruments or any other Operative Agreement shall: (a) constitute a waiver, release or
discharge of any indebtedness or obligation evidenced by the Notes or arising under this Agreement, the Security Agreement, the Mortgage Instruments or the Participation Agreement or secured by the Security Agreement, the Mortgage 

  

 23 

 
Instruments or any other Operative Agreement, but the same shall continue until paid or discharged; (b) relieve the Lessor or any Exculpated Person from
liability and responsibility for (but only to the extent of the damages arising by reason of): (i) active waste knowingly committed by the Lessor or any Exculpated Person with respect to the Properties or (ii) any fraud, gross negligence,
willful misconduct or willful breach on the part of the Lessor or any such Exculpated Person; (c) relieve the Lessor or any Exculpated Person from liability and responsibility for (but only to the extent of the moneys misappropriated,
misapplied or not turned over) (i) misappropriation or misapplication by the Lessor (i.e., application in a manner contrary to any Operative Agreement) of any insurance proceeds or condemnation award paid or delivered to the Lessor by any
Person other than the Agent, or (ii) any rents or other income received by the Lessor from the Lessee that are not turned over to the Agent; or (d) affect or in any way limit the Agent’s rights and remedies under any Operative
Agreement with respect to the Rents and its rights and powers thereunder or to obtain a judgment against the Lessor’s interest in the Properties. 
 8.18 Usury Savings Clause. Notwithstanding any other provision herein, the aggregate interest rate charged under any of the Notes, including all charges or fees in connection therewith deemed in the nature of
interest under applicable law shall not exceed the Highest Lawful Rate (as such term is defined below). If the rate of interest (determined without regard to the preceding sentence) under this Agreement or any other Operative Agreement at any time
exceeds the Highest Lawful Rate (as defined below), the outstanding amount of the Loans made hereunder shall bear interest at the Highest Lawful Rate until the total amount of interest due hereunder equals the amount of interest which would have
been due hereunder if the stated rates of interest set forth in this Agreement and the other Operative Agreements had at all times been in effect. In addition, if when the Loans made hereunder are repaid in full the total interest due hereunder and
under the other Operative Agreements (taking into account the increase provided for above) is less than the total amount of interest which would have been due hereunder and thereunder if the stated rates of interest set forth in this Agreement and
in such Operative Agreements had at all times been in effect, then to the extent permitted by law, the Borrower shall pay to the Agent an amount equal to the difference between the amount of interest paid and the amount of interest which would have
been paid if the Highest Lawful Rate had at all times been in effect. Notwithstanding the foregoing, it is the intention of the Lenders and the Borrower to conform strictly to any applicable usury laws. Accordingly, if any Lender contracts for,
charges, or receives any consideration which constitutes interest in excess of the Highest Lawful Rate, then any such excess shall be cancelled automatically and, if previously paid, shall at such Lender’s option be applied to the outstanding
amount of the Loans made hereunder or be refunded to the Borrower. As used in this paragraph, the term “Highest Lawful Rate” means the maximum lawful interest rate, if any, that at any time or from time to time may be contracted
for, charged, or received under the laws applicable to such Lender which are presently in effect or, to the extent allowed by law, under such applicable laws which may hereafter be in effect and which allow a higher maximum nonusurious interest rate
than applicable laws now allow. 
 8.19 Savings Clause. This Credit Agreement is intended solely as an amendment of, and
contemporaneous restatement of, the terms and conditions of the Existing Credit Agreement, and this Credit Agreement is not intended, and should not be construed as in any way as, extinguishing or terminating the Existing Credit Agreement. The
Security Documents, each as amended as provided herein or in the amendments thereto as of the Restatement Effective Date 

  

 24 

 
(and after giving effect to any releases of any Mortgage Instruments permitted under the Participation Agreement), shall remain in full force and effect and
continue to secure the obligations described therein. 
 [Signatures on following pages.] 
  

 25 

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

			
	BORROWER:
	
	SUNTRUST BANK
		
	 By:
	 	 /s/ Donald J. Campisano

	 Name:
	 	Donald J. Campisano
	 Title:
	 	Managing Director
	
	ADMINISTRATIVE AGENT:
	
	SUNTRUST EQUITY FUNDING, LLC, as
	Administrative Agent
		
	 By:
	 	 /s/ R. Todd Shutley

	 Name:
	 	R. Todd Shutley
	 Title:
	 	Senior Vice President

  

 Signature Page 1 of 7 

			
	LENDERS:
	
	BNP PARIBAS LEASING CORPORATION, as a Lender
		
	 By:
	 	 /s/ Lloyd G. Cox

	 Name:
	 	Lloyd G. Cox
	 Title:
	 	Managing Director

  

 Signature Page 2 of 7 

			
	 SCOTIABANC INC., as a Lender

		
	 By:
	 	 /s/ J. F. Todd

	 Name:
	 	J. F. Todd
	 Title:
	 	Managing Director

  

 Signature Page 3 of 7 

			
	 FIFTH THIRD BANK, a Michigan Banking

	 Corporation, as a Lender

		
	 By:
	 	 /s/ John A. Marian

	 Name:
	 	John A. Marian
	 Title:
	 	Vice President

  

 Signature Page 4 of 7 

			
	 WELLS FARGO BANK, NATIONAL

	 ASSOCIATION, as a Lender

		
	 By:
	 	 /s/ Kevin Combs

	 Name:
	 	Kevin Combs
	 Title:
	 	Senior Vice President

  

 Signature Page 5 of 7 

			
	U.S. BANK NATIONAL ASSOCIATION, as a Lender
		
	 By:
	 	 /s/ Christine L. Wagner

	 Name:
	 	Christine L. Wagner
	 Title:
	 	Vice President

  

 Signature Page 6 of 7 

			
	MERCANTIL COMMERCEBANK, NA, as a Lender
		
	 By:
	 	 /s/ Fernando Mesia

	 Name:
	 	Fernando Mesia
	 Title:
	 	Vice President
		
	 By:
	 	 /s/ Alan Hills

	 Name:
	 	Alan Hills
	 Title:
	 	Senior Vice President

  

 Signature Page 7 of 7 

 Schedule 1.2 
 Omitted 

 Exhibit A 
 REPLACEMENT SERIES A NOTE 
  

			
	 $                    
	 	June 27, 2008

 FOR VALUE RECEIVED, the undersigned, SUNTRUST BANK (the “Borrower”), hereby
unconditionally promises to pay to the order of SunTrust Equity Funding, LLC, as agent (the “Agent”) for the pro rata benefit of the Lenders at the office of the Agent, located at 303 Peachtree Street, Atlanta, Georgia 30308, in
lawful money of the United States of America and in immediately available funds, on the Maturity Date, the principal amount of
(                                        
DOLLARS ($                    ), which amount includes the aggregate unpaid principal amount of all Existing Series A Loans made by the
Lenders prior to the Restatement Effective Date. The Borrower further agrees to pay interest in like money at such office on the unpaid principal amount hereof from time to time outstanding at the rates and on the dates specified in
Section 2.6 of such Credit Agreement. The Borrower further agrees to pay all other amounts owing to the Lenders pursuant to the Credit Agreement or any other Operative Agreement (as defined in the Credit Agreement). 
 The holder of this Series A Note is authorized to endorse on the schedules annexed hereto and made a part hereof or on a continuation thereof which shall
be attached hereto and made a part hereof, or in the Agent’s records, the date, Type and amount of each Series A Loan made pursuant to the Credit Agreement and the date and amount of each payment or prepayment of principal thereof, each
continuation thereof and each conversion of all or a portion thereof to another Type. Each such endorsement shall constitute prima facie evidence of the accuracy of the information endorsed. The failure to make any such endorsement or
any error in such endorsement shall not affect the obligations of the Borrower in respect of such Loan. 
 This Replacement Series A Note
(a) is the Series A Notes referred to in the Third Amended and Restated Credit Agreement dated as of June 27, 2008 (as further amended, supplemented, restated or otherwise modified from time to time, the “Credit
Agreement”), among the Borrower, the banks and financial institutions from time to time parties thereto, as Lenders, and the Agent, (b) is subject to the provisions of the Credit Agreement (including, without limitation,
Section 8.18 thereof) and (c) is subject to optional and mandatory prepayment in whole or in part as provided in the Credit Agreement. Capitalized terms not otherwise defined herein shall have the respective meanings assigned in the
Credit Agreement. Reference is hereby made to the Operative Agreements for a description of the properties and assets in which a security interest has been granted, the nature and extent of the security and the guarantees, the terms and conditions
upon which the security interests and each guarantee were granted and the rights of the holder of this Series A Note in respect thereof. This Series A Note is a non-recourse obligation of the Borrower as set forth in Section 8.17 of the
Credit Agreement. This Series A Note is issued in replacement of the series A note issued pursuant to the Existing Credit Agreement (the “Existing Series A Note”). This Series A Note is not intended to be, nor shall it be deemed to
be, a repayment or novation of the loans evidenced by the Existing Series A Note; this Series A Note represents the same indebtedness evidenced by the Existing Series A Note. 
  

 A-1 

 Upon the occurrence of any Event of Default, all amounts then remaining unpaid on this Series A Note
shall become, or may be declared to be, immediately due and payable, all as provided in the Credit Agreement. 
 All parties now and
hereafter liable with respect to this Note, whether maker, principal, surety, guarantor, endorser or otherwise, hereby waive presentment, demand, protest and all other notices of any kind. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

 THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF FLORIDA WITHOUT REGARD TO ANY
OTHERWISE APPLICABLE PRINCIPLES OF CONFLICT OF LAWS. 
  

			
	SUNTRUST BANK
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  

 A-2 

 Exhibit B 
 REPLACEMENT SERIES B NOTE 

			
	 $                    
	 	June 27, 2008

 FOR VALUE RECEIVED, the undersigned, SUNTRUST BANK (the “Borrower”), hereby
unconditionally promises to pay to the order of SunTrust Equity Funding, LLC, as agent (the “Agent”) for the pro rata benefit of the Lenders at the office of the Agent, located at 303 Peachtree Street, Atlanta, Georgia 30308, in
lawful money of the United States of America and in immediately available funds, on the Maturity Date, the principal amount of
(                                        
DOLLARS ($                    ), which amount includes the aggregate unpaid principal amount of all Existing Series B Loans made by the
Lenders prior to the Restatement Effective Date. The Borrower further agrees to pay interest in like money at such office on the unpaid principal amount hereof from time to time outstanding at the rates and on the dates specified in
Section 2.6 of such Credit Agreement. The Borrower further agrees to pay all other amounts owing to the Lenders pursuant to the Credit Agreement or any other Operative Agreement (as defined in the Credit Agreement). 
 The holder of this Series B Note is authorized to endorse on the schedules annexed hereto and made a part hereof or on a continuation thereof which shall
be attached hereto and made a part hereof, or in the Agent’s records, the date, Type and amount of each Series B Loan made pursuant to the Credit Agreement and the date and amount of each payment or prepayment of principal thereof, each
continuation thereof and each conversion of all or a portion thereof to another Type. Each such endorsement shall constitute prima facie evidence of the accuracy of the information endorsed. The failure to make any such endorsement or
any error in such endorsement shall not affect the obligations of the Borrower in respect of such Loan. 
 This Replacement Series B Note
(a) is the Series B Notes referred to in the Third Amended and Restated Credit Agreement dated as of June 27, 2008 (as further amended, supplemented, restated or otherwise modified from time to time, the “Credit
Agreement”), among the Borrower, the banks and financial institutions from time to time parties thereto, as Lenders, and the Agent, (b) is subject to the provisions of the Credit Agreement (including, without limitation,
Section 8.18 thereof) and (c) is subject to optional and mandatory prepayment in whole or in part as provided in the Credit Agreement. Capitalized terms not otherwise defined herein shall have the respective meanings assigned in the
Credit Agreement. Reference is hereby made to the Operative Agreements for a description of the properties and assets in which a security interest has been granted, the nature and extent of the security and the guarantees, the terms and conditions
upon which the security interests and each guarantee were granted and the rights of the holder of this Series B Note in respect thereof. This Series B Note is a non-recourse obligation of the Borrower as set forth in Section 8.17 of the
Credit Agreement. This Series B Note is issued in replacement of the Series B note issued pursuant to the Existing Credit Agreement (the “Existing Series B Note”). This Series B Note is not intended to be, nor shall it be deemed to
be, a repayment or novation of the loans evidenced by the Existing Series B Note; this Series B Note represents the same indebtedness evidenced by the Existing Series B Note. 
  

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 Upon the occurrence of any Event of Default, all amounts then remaining unpaid on this Series B Note
shall become, or may be declared to be, immediately due and payable, all as provided in the Credit Agreement. 
 All parties now and
hereafter liable with respect to this Note, whether maker, principal, surety, guarantor, endorser or otherwise, hereby waive presentment, demand, protest and all other notices of any kind. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

 THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF FLORIDA WITHOUT REGARD TO ANY
OTHERWISE APPLICABLE PRINCIPLES OF CONFLICT OF LAWS. 

			
	SUNTRUST BANK
		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  

 C-2 

 Exhibit C 
 ASSIGNMENT AND ACCEPTANCE 
 Reference is made to (a) the Third Amended and Restated Credit Agreement,
dated as of June 27, 2008 (as further amended, supplemented or otherwise modified from time to time, the “Credit Agreement”), among SunTrust Bank, the Lenders named therein, and SunTrust Equity Funding, LLC, as Administrative
Agent. Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
                      (the “Assignor”) and
                     (the “Assignee”) agree as follows: 
 1. The Assignor hereby irrevocably sells and assigns to the Assignee without recourse to the Assignor, and the Assignee hereby irrevocably purchases and
assumes from the Assignor without recourse to the Assignor, as of the Effective Date (as defined below), an interest (the “Assigned Interest”) in and to the Assignor’s rights and obligations under the Credit Agreement and the
other Operative Agreements with respect to the credit facilities contained in the Credit Agreement as are set forth on Schedule 1 hereto (collectively, the “Assigned Facility”), in the respective principal amount for the
Assigned Facility as set forth on Schedule 1. 
 2. The Assignor (a) makes no representation or warranty and assumes no
responsibility with respect to any statements, warranties or representations made in or in connection with the Credit Agreement, any other Operative Agreement, or the execution, legality, validity, enforceability, genuineness, sufficiency or value
of the Credit Agreement, any other Operative Agreement, or any other instrument or document furnished pursuant thereto, other than that it is legally authorized to enter into this Assignment and Acceptance, that it has not created any adverse claim
upon the interest being assigned by it hereunder and that such interest is free and clear of any such adverse claim; and (b) makes no representation or warranty and assumes no responsibility with respect to the financial condition of the
Borrower or any other obligor or the performance or observance by the Borrower or any other obligor of any of their respective obligations under the Credit Agreement, any other Operative Agreement, or any other instrument or document furnished
pursuant hereto or thereto. 
 3. The Assignee (a) represents and warrants that it is legally authorized to enter into this Assignment
and Acceptance; (b) confirms that it has received copies of the Operative Agreements and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and
Acceptance; (c) agrees that it will, independently and without reliance upon the Assignor, the Administrative Agent or any other Financing Party 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, other Operative Agreements, or any other instrument or document furnished pursuant hereto or thereto; (d) appoints and authorizes the Administrative Agent
(as defined in each of the Operative Agreements) to take such action as agent on its behalf and to exercise such 

  

 C-1 

 
powers and discretion under the Credit Agreement, the other Operative Agreements, or any other instrument or document furnished pursuant hereto or thereto as
are delegated to the Administrative Agent by the terms thereof, together with such powers as are incidental thereto; and (e) agrees that it will be bound by the provisions of the Participation Agreement, and the Credit Agreement and will
perform in accordance with their terms all the obligations which by the terms of the Participation Agreement or the Credit Agreement are required to be performed by it as a Lender including, if it is organized under the laws of a jurisdiction
outside the U.S., its obligations pursuant to Section 8.8 of the Credit Agreement. 
 4. The effective date of this Assignment
and Acceptance shall be                     , 20     (the “Effective Date”). Following the
execution of this Assignment and Acceptance, it will be delivered to the Administrative Agent for acceptance and recording by it in the manner provided pursuant to Section 8.9 of the Credit Agreement effective as of the Effective Date.

 5. Upon such acceptance and recording, 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 Assignee whether such amounts have accrued prior to the Effective Date or accrue subsequent to the Effective Date. The Assignor and the Assignee shall
make all appropriate adjustments in payments by the Administrative Agent for periods prior to the Effective Date or with respect to the making of this assignment directly between themselves. 
 6. From and after the Effective Date, (a) the Assignee shall be a party to the Credit Agreement and to the extent provided in this Assignment and
Acceptance, have the rights and obligations of a Lender thereunder and under the other Operative Agreements and shall be bound by the provisions thereof and (b) the Assignor shall, to the extent provided in this Assignment and Acceptance,
relinquish its rights and be released from its obligations under the Credit Agreement, and the other Operative Agreements. 
 7. This
Assignment and Acceptance shall be governed by and construed in accordance with the laws of the State of Florida. 
  

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 IN WITNESS WHEREOF, the parties hereto have caused this Assignment and Acceptance to be executed as of
the date first above written by their respective duly authorized officers on Schedule 1 hereto. 
  

			
	 ASSIGNOR:

	
	 [NAME OF ASSIGNOR]

		
	 By:
	 	
	 Name:
	 	
	 Title:
	 	
	
	ASSIGNEE:
	
	 [NAME OF ASSIGNEE]

		
	 By:
	 	
	 Name:
	 	
	 Title:
	 	

  

			
	Consented to:
	
	 TECH DATA CORPORATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	SUNTRUST EQUITY FUNDING, LLC,
as Administrative Agent
		
	 By:
	 	
	 Name:
	 	
	 Title:
	 	

  

 C-1 

 Schedule 1 
 Omitted

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