Document:

Exhibit 10.1

 

Goodwin Draft

Final Bidding Version

 

	[Dealer Name and Address]	
	 	June [__], 2021
	To:Bentley
    Systems, Incorporated	 
	685 Stockton
    Drive	 
	Exton, Pennsylvania	 
	Attention:              Chief
    Financial Officer;	 
	 	General Counsel and Secretary	 

 

Re: [Base][Additional] Call Option Transaction

 

The purpose of this letter
agreement (this “Confirmation”) is to confirm the terms and conditions of the call option transaction entered into
between [Dealer Name] (“Dealer”) and Bentley Systems, Incorporated (“Counterparty”)
as of the Trade Date specified below (the “Transaction”). This letter agreement constitutes a “Confirmation”
as referred to in the ISDA Master Agreement specified below. Each party further agrees that this Confirmation together with the Agreement
evidence a complete binding agreement between Counterparty and Dealer as to the subject matter and terms of the Transaction to which
this Confirmation relates, and shall supersede all prior or contemporaneous written or oral communications with respect thereto.

 

The definitions and provisions
contained in the 2002 ISDA Equity Derivatives Definitions (the “Equity Definitions”), as published by the International
Swaps and Derivatives Association, Inc. (“ISDA”) are incorporated into this Confirmation. In the event of any
inconsistency between the Equity Definitions and this Confirmation, this Confirmation shall govern. Certain defined terms used herein
are based on terms that are defined in the Preliminary Offering Memorandum dated June [__], 2021 (the “Offering Memorandum”)
relating to the [__]% Convertible Senior Notes due 2027 (as originally issued by Counterparty, the “Convertible Notes”
and each USD 1,000 principal amount of Convertible Notes, a “Convertible Note”) issued by Counterparty in an aggregate
initial principal amount of USD [500,000,000] (as increased by [up to]1
an aggregate principal amount of USD [75,000,000] [if and to the extent that]2[pursuant
to the exercise by]3 the Initial Purchasers
(as defined herein) [exercise]4[of]5
their option to purchase additional Convertible Notes pursuant to the Purchase Agreement (as defined herein)) pursuant to
an Indenture [to be]6 dated June [__],
2021 between Counterparty and Wilmington Trust, National Association, as trustee (the “Indenture”). In the event of
any inconsistency between the terms defined in the Offering Memorandum, the Indenture and this Confirmation, this Confirmation shall
govern. The parties acknowledge that this Confirmation is entered into on the date hereof with the understanding that (i) definitions
set forth in the Indenture which are also defined herein by reference to the Indenture and (ii) sections of the Indenture that are
referred to herein will conform to the descriptions thereof in the Offering Memorandum. If any such definitions in the Indenture or any
such sections of the Indenture differ from the descriptions thereof in the Offering Memorandum, the descriptions thereof in the Offering
Memorandum will govern for purposes of this Confirmation. The parties further acknowledge that the Indenture section numbers used herein
are based on the [draft of the Indenture last reviewed by Dealer as of the date of this Confirmation, and if any such section numbers
are changed in the Indenture as executed, the parties will amend this Confirmation in good faith to preserve the intent of the parties]7[Indenture
as executed]8. Subject to the foregoing,
references to the Indenture herein are references to the Indenture as in effect on the date of its execution, and if the Indenture is
amended or supplemented following such date (other than any amendment or supplement (x) pursuant to Section 8.01(I) of
the Indenture that, as determined by the Calculation Agent, conforms the Indenture to the description of Convertible Notes in the Offering
Memorandum or (y) pursuant to Section 5.09 of the Indenture, subject, in the case of this clause (y), to the second paragraph
under “Method of Adjustment” in Section 3), any such amendment or supplement will be disregarded for purposes of this
Confirmation unless the parties agree otherwise in writing.

 

 

1
Include in the Base Call Option Confirmation.

2
Include in the Base Call Option Confirmation.

3
Include in the Additional Call Option Confirmation.

4
Include in the Base Call Option Confirmation.

5
Include in the Additional Call Option Confirmation.

6
Insert if Indenture is not completed at the time of the Confirmation.

7
Include in the Base Call Option Confirmation. Include in the Additional Call Option Confirmation if it is executed before
closing of the base deal.

8
Include in the Additional Call Option Confirmation, but only if the Additional Call Option Confirmation is executed after closing of
the base deal.

 

    1

     

    

 

Each party is hereby advised,
and each such party acknowledges, that the other party has engaged in, or refrained from engaging in, substantial financial transactions
and has taken other material actions in reliance upon the parties’ entry into the Transaction to which this Confirmation relates
on the terms and conditions set forth below.

 

1.            This
Confirmation evidences a complete and binding agreement between Dealer and Counterparty as to the terms of the Transaction to which this
Confirmation relates. This Confirmation shall supplement, form a part of, and be subject to an agreement in the form of the 2002 ISDA
Master Agreement (the “Agreement”) as if Dealer and Counterparty had executed an agreement in such form on the Trade
Date (but without any Schedule except for (i) the election of the laws of the State of New York as the governing law (without reference
to choice of law doctrine), [(ii) the election of an executed guarantee of [___________] (“Guarantor”) dated
as of the Trade Date in customary form as a Credit Support Document, (iii) the election of Guarantor as Credit Support Provider
in relation to Dealer,] [(ii)][(iv)] in respect of Section 5(a)(vi) of the Agreement, (a) the “Cross Default”
provisions shall apply to Dealer with a “Threshold Amount” of three percent of the shareholders’ equity of [Dealer][Dealer’s
ultimate parent] as of the Trade Date, (b) the phrase “or becoming capable at such time of being declared” shall be
deleted from clause (1) and (c) the following language shall be added to the end thereof: “Notwithstanding the foregoing,
a default under subsection (2) hereof shall not constitute an Event of Default if (x) the default was caused solely by error
or omission of an administrative or operational nature; (y) funds were available to enable the party to make the payment when due;
and (z) the payment is made within two Local Business Days of such party’s receipt of written notice of its failure to pay.”
and [(iii)][(v)] the term “Specified Indebtedness” shall have the meaning specified in Section 14 of the Agreement,
except that such term shall not include obligations in respect of deposits received in the ordinary course of a party’s banking
business).

 

In the event of any inconsistency
between provisions of the Agreement and this Confirmation, this Confirmation will prevail for the purpose of the Transaction to which
this Confirmation relates. The parties hereby agree that no transaction other than the Transaction to which this Confirmation relates
shall be governed by the Agreement and that the Transaction shall be deemed not to be a Transaction under, or otherwise be governed by,
any other existing or deemed ISDA Master Agreement between the parties hereto.

 

2.            The
terms of the particular Transaction to which this Confirmation relates are as follows:

 

General Terms.

 

	Trade
    Date:	June [__],
    2021
	 	 
	Effective
    Date:	The second Exchange Business
    Day immediately prior to the Premium Payment Date, subject to Section 9(u).
	 	 
	Option
    Style:	“Modified American”,
    as described under “Procedures for Exercise” below
	 	 
	Option
    Type:	Call
	 	 
	Buyer:	Counterparty
	 	 
	Seller:	Dealer
	 	 
	Shares:	The Class B common stock of Counterparty, par value USD 0.01 per share (Exchange symbol “BSY”).
	 	 
	Number
    of Options:	[_______]9.
    For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In no event will the
    Number of Options be less than zero.

 

 

For the avoidance of doubt, the Number of Options shall be reduced by any Options exercised by Counterparty. In
no event will the Number of Options be less than zero.

    2

     

    

 

	Applicable
    Percentage:	[__]%
	 	 
	Option
    Entitlement:	A number equal to the product
    of the Applicable Percentage and [______]10.
	 	 
	Strike
    Price:	USD [______]
	 	 
	Cap
    Price:	USD [______]
	 	 
	Premium:	USD [______]
	 	 
	Premium
    Payment Date:	June [__], 2021
	 	 
	 	 
	Exchange:	The Nasdaq Global Select Market
	 	 
	Related
    Exchange(s):	All Exchanges
	 	 
	Excluded Provisions:	Section 5.06 and Section 5.07
    of the Indenture.
	 	 
	Procedures for Exercise.	 
	 	 
	Conversion Date:	With respect to any conversion of a Convertible Note (other than any conversion of Convertible Notes
    with a Conversion Date occurring prior to the Free Convertibility Date (any such conversion, an “Early Conversion”),
    to which the provisions of Section 9(h)(i) of this Confirmation shall apply), the date on which the Holder (as such term
    is defined in the Indenture) of such Convertible Note satisfies all of the requirements for conversion thereof as set forth in Section 5.02(A),
    subject to the proviso included in Section 5.03(C) of the Indenture; provided that if Counterparty has not delivered
    to Dealer a related Notice of Exercise, then in no event shall a Conversion Date be deemed to occur hereunder (and no Option shall
    be exercised or deemed to be exercised hereunder) with respect to any surrender of a Convertible Note for conversion in respect of
    which Counterparty has elected to designate a financial institution for exchange in lieu of conversion of such Convertible Note pursuant
    to Section 5.08 of the Indenture.
	 	 
	Free Convertibility Date:	[April 1, 2027]
	 	 
	Expiration Time:	The Valuation Time
	 	 
	Expiration Date:	[July 1, 2027], subject to earlier exercise.
	 	 
	Multiple Exercise:	Applicable, as described under “Automatic Exercise” below.
	 	 
	Automatic Exercise:	Notwithstanding Section 3.4 of the Equity Definitions, on each Conversion Date occurring on
    or after the Free Convertibility Date, in respect of which a Notice of Conversion that is effective as to Counterparty has been delivered
    by the relevant converting Holder, a number of Options equal to [(i)] the number of Convertible Notes in denominations of USD 1,000
    as to which such Conversion Date has occurred [minus (ii) the number of Options that are or are deemed to be automatically
    exercised on such Conversion Date under the Base Call Option Transaction Confirmation letter agreement dated June [__], 2021
    between Dealer and Counterparty (the “Base Call Option Confirmation”),]11
    shall be deemed to be automatically exercised; provided that such Options shall be exercised or deemed exercised
    only if Counterparty has provided a Notice of Exercise to Dealer in accordance with “Notice of Exercise” below.

 

 

10 Insert the initial Conversion Rate for the Convertible
Notes.

 

    3

     

    

 

 

	 	Notwithstanding the foregoing, in no event shall the number of Options that are exercised
    or deemed exercised hereunder exceed the Number of Options.
	 	 
	Notice of Exercise:	Notwithstanding
                                    anything to the contrary in the Equity Definitions or under “Automatic Exercise” above,
                                    in order to exercise any Options relating to Convertible Notes with a Conversion Date occurring on
                                    or after the Free Convertibility Date, Counterparty must notify Dealer in writing before 5:00 p.m. (New
                                    York City time) on the Scheduled Valid Day immediately preceding the Expiration Date specifying the
                                    number of such Options [; provided that any “Notice of Exercise” delivered to
                                    Dealer pursuant to the Base Call Option Transaction Confirmation shall be deemed to be a Notice of
                                    Exercise pursuant to this Confirmation and the terms of such Notice of Exercise shall apply, mutatis
                                    mutandis, to this Confirmation]12;
                                    provided that if the Relevant Settlement Method for such Options is (x) Cash Settlement
                                    or (y) Combination Settlement, Dealer shall have received a separate notice (the “Notice
                                    of Final Settlement Method”) before 5:00 p.m. (New York City time) on the Free Convertibility
                                    Date specifying (1) the Relevant Settlement Method for such Options, and (2) if the Settlement
                                    Method is Combination Settlement, a fixed amount of cash per Convertible Note that Counterparty has
                                    elected to deliver to Holders (as such term is defined in the Indenture) of the related Convertible
                                    Notes (the “Specified Cash Amount”). Counterparty acknowledges its responsibilities
                                    under applicable securities laws, and in particular Section 9 and Section 10(b) of
                                    the Exchange Act (as defined below) and the rules and regulations thereunder, in respect of
                                    any election of a Settlement Method for any Options.

	 	 
	Valuation Time:	At the close of trading of the regular trading session on the Exchange; provided that if the
    principal trading session is extended, the Calculation Agent shall determine the Valuation Time in its reasonable discretion.
	 	 
	Market Disruption Event:	Section 6.3(a) of the Equity Definitions is hereby replaced in its entirety by the following:
	 	 
	 	“‘Market Disruption Event’ means, in respect of a Share, (i) a failure by
    the principal United States national or regional securities exchange on which the Shares are then listed to open for trading during
    its regular trading session or (ii) the occurrence or existence, for more than one half-hour period in the aggregate, of any
    suspension or limitation imposed on trading (by reason of movements in price exceeding limits permitted by the relevant exchange
    or otherwise) in the Shares or in any options contracts or futures contracts relating to the Shares, and such suspension or limitation
    occurs or exists at any time before 1:00 p.m. (New York City time) on any Scheduled Valid Day for the Shares .”

 

 

11 Include for Additional Call Option Confirmation only.

12 Include for Additional Call Option Confirmation only.

 

    4

     

    

 

	Settlement Terms.	 
	 	 
	Settlement Method:	For any Option, Net Share Settlement; provided that if the Relevant Settlement Method set
    forth below for such Option is not Net Share Settlement, then the Settlement Method for such Option shall be such Relevant Settlement
    Method, but only if Counterparty shall have notified Dealer of the Relevant Settlement Method in the Notice of Final Settlement Method
    for such Option.
	 	 
	Relevant Settlement Method:	In respect of any Option:
	 	 
	 	(i)            if Counterparty has elected
    (or is deemed to have elected) to settle its conversion obligations in respect of the related Convertible Note (A) entirely
    in Shares together with cash in lieu of fractional Shares pursuant to Section 5.03(A)(x) of the Indenture (such settlement
    method, “Settlement in Shares”) or (B) in a combination of cash and Shares pursuant to Section 5.03(A)(z) of
    the Indenture with a Specified Cash Amount less than or equal to USD 1,000, then, in each case, the Relevant Settlement Method for
    such Option shall be Net Share Settlement;
	 	 
	 	(ii)            if Counterparty has elected
    to settle its conversion obligations in respect of the related Convertible Note in a combination of cash and Shares pursuant to Section 5.03(A)(z) of
    the Indenture with a Specified Cash Amount greater than USD 1,000, then the Relevant Settlement Method for such Option shall be Combination
    Settlement; and
	 	 
	 	(iii)            if Counterparty has
    elected to settle its conversion obligations in respect of the related Convertible Note entirely in cash pursuant to Section 5.03(A)(y) of
    the Indenture (such settlement method, “Settlement in Cash”), then the Relevant Settlement Method for such Option
    shall be Cash Settlement.
	 	 
	Net Share Settlement:	If Net Share Settlement is applicable to any Option exercised or deemed exercised hereunder, Dealer
    will deliver to Counterparty, on the relevant Settlement Date for each such Option, a number of Shares (the “Net Share Settlement
    Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for each such Option, of (i) (a) the
    Daily Option Value for such Valid Day, divided by (b) the Relevant Price on such Valid Day, divided by (ii) the
    number of Valid Days in the Settlement Averaging Period; provided that in no event shall the Net Share Settlement Amount for
    any Option exceed a number of Shares equal to the Applicable Limit for such Option divided by the Applicable Limit Price on
    the Settlement Date for such Option.

    5

     

    

 

	 	Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with
    respect to any Net Share Settlement Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.
	 	 
	Combination Settlement:	If Combination Settlement is applicable to any Option exercised or deemed exercised hereunder,
    Dealer will pay or deliver, as the case may be, to Counterparty, on the relevant Settlement Date for each such Option:
	 	 	 

  

		(i)	cash (the “Combination
                                            Settlement Cash Amount”) equal to the sum, for each Valid Day during the Settlement
                                            Averaging Period for such Option, of (A) an amount (the “Daily Combination
                                            Settlement Cash Amount”) equal to the lesser of (1) the product of (x) the
                                            Applicable Percentage and (y) the Specified Cash Amount minus USD 1,000 and (2) the
                                            Daily Option Value for such Valid Day, divided by (B) the number of Valid Days
                                            in the Settlement Averaging Period; provided that if the calculation in clause (A) above
                                            results in zero or a negative number for any Valid Day, the Daily Combination Settlement
                                            Cash Amount for such Valid Day shall be deemed to be zero; and

 

		(ii)	Shares (the “Combination
                                            Settlement Share Amount”) equal to the sum, for each Valid Day during the Settlement
                                            Averaging Period for such Option, of a number of Shares for such Valid Day (the “Daily
                                            Combination Settlement Share Amount”) equal to (A) (1) the Daily Option
                                            Value for such Valid Day minus the Daily Combination Settlement Cash Amount for such
                                            Valid Day, divided by (2) the Relevant Price on such Valid Day, divided by
                                            (B) the number of Valid Days in the Settlement Averaging Period; provided
                                            that if the calculation in sub-clause (A)(1) above results in zero or a negative number
                                            for any Valid Day, the Daily Combination Settlement Share Amount for such Valid Day shall
                                            be deemed to be zero;
	 	 	 
	 	provided that in no event shall the sum of (x) the Combination
               Settlement Cash Amount for any Option and (y) the Combination Settlement Share Amount for such Option multiplied
               by the Applicable Limit Price on the Settlement Date for such Option, exceed the Applicable Limit for such Option.
	 	 
	 	Dealer will pay cash in lieu of delivering any fractional Shares to be delivered
               with respect to any Combination Settlement Share Amount valued at the Relevant Price for the last Valid Day of the Settlement
               Averaging Period.

    6

     

    

 	Cash
                                            Settlement:	If Cash Settlement
    is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer
    will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement
    Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily
    Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.
	 	 
	Daily Option Value:	For any Valid Day, an amount
    equal to (i) the Option Entitlement on such Valid Day, multiplied by (ii) (A) the lesser of the Relevant Price
    on such Valid Day and the Cap Price, less (B) the Strike Price on such Valid Day; provided that if the calculation
    contained in clause (ii) above results in a negative number, the Daily Option Value for such Valid Day shall be deemed to be
    zero. In no event will the Daily Option Value be less than zero.
	 	 
	Applicable Limit:	For any Option, an amount
    of cash equal to the Applicable Percentage multiplied by the excess of (i) the aggregate of (A) the amount of cash,
    if any, paid to the Holder of the related Convertible Note upon conversion of such Convertible Note and (B) the number of Shares,
    if any, delivered to the Holder of the related Convertible Note upon conversion of such Convertible Note multiplied by the
    Applicable Limit Price on the Settlement Date for such Option, over (ii) USD 1,000.
	 	 
	Applicable Limit Price:	On any day, the opening
    price as displayed under the heading “Op” on Bloomberg page BSY <equity> (or any successor thereto).
	 	 
	Valid Day:	A day on which (i) there
    is no Market Disruption Event and (ii) trading in the Shares generally occurs on the Exchange or, if the Shares are not then
    listed on the Exchange, on the principal other United States national or regional securities exchange on which the Shares are then
    listed or, if the Shares are not then listed on a United States national or regional securities exchange, on the principal other
    market on which the Shares are then admitted for trading. If the Shares are not so listed or admitted for trading, “Valid Day”
    means a Business Day.
	 	 
	Scheduled Valid Day:	A day that is scheduled
    to be a Valid Day on the principal United States national or regional securities exchange or market on which the Shares are listed
    or admitted for trading. If the Shares are not so listed or admitted for trading, “Scheduled Valid Day” means a Business
    Day.
	 	 
	Business Day:	Any day other than a Saturday,
    a Sunday or a day on which the Federal Reserve Bank of New York is authorized or required by law or executive order to close or be
    closed.

    7

     

    

 

	Relevant Price:	On any Valid Day, the per Share volume-weighted average price as displayed under the
    heading “Bloomberg VWAP” on Bloomberg page BSY <equity> AQR (or its equivalent successor if such page is
    not available) in respect of the period from the scheduled opening time of the Exchange to the Scheduled Closing Time of the Exchange
    on such Valid Day (or if such volume-weighted average price is unavailable at such time, the market value of one Share on such Valid
    Day, as determined by the Calculation Agent using, if practicable, a volume-weighted average method). The Relevant Price will be
    determined without regard to after-hours trading or any other trading outside of the regular trading session trading hours.
	 	 
	Settlement Averaging Period:	For any Option and regardless of the Settlement Method applicable to such Option, the 40 consecutive
    Valid Days commencing on, and including, the 41st Scheduled Valid Day immediately prior to the Expiration Date.
	 	 
	Settlement Date:	For any Option, the second Business Day immediately following the final Valid Day of the Settlement
    Averaging Period for such Option.
	 	 
	Settlement Currency:	USD
	 	 
	Other Applicable Provisions:	The provisions of Sections 9.1(c), 9.8, 9.9 and 9.11 of the Equity Definitions will be applicable,
    except that all references in such provisions to “Physically-settled” shall be read as references to “Share Settled”.
    “Share Settled” in relation to any Option means that Net Share Settlement or Combination Settlement is applicable to
    that Option.
	 	 
	Representation and Agreement:	Notwithstanding anything to the contrary in the Equity Definitions (including, but not limited to,
    Section 9.11 thereof), the parties acknowledge that (i) any Shares delivered to Counterparty shall be, upon delivery, subject
    to restrictions and limitations arising from Counterparty’s status as issuer of the Shares under applicable securities laws,
    (ii) Dealer may deliver any Shares required to be delivered hereunder in certificated form in lieu of delivery through the Clearance
    System and (iii) any Shares delivered to Counterparty may be “restricted securities” (as defined in Rule 144
    under the Securities Act of 1933, as amended (the “Securities Act”)).
	 	 
	3.            Additional
    Terms applicable to the Transaction.	 
	 	 
	Adjustments applicable
    to the Transaction:	 
	 	 
	Potential Adjustment Events:	Notwithstanding Section 11.2(e) of
    the Equity Definitions, a “Potential Adjustment Event” means an occurrence of any event or condition, as set forth in
    any Dilution Adjustment Provision, that would result in an adjustment under the Indenture to the “Conversion Rate” or
    the composition of a “Reference Property Unit” or to any “Last Reported Sale Price” or “Daily VWAP”
    (each as defined in the Indenture) or other calculation the adjustment of which is contemplated by Section 5.05(G) of the
    Indenture. For the avoidance of doubt, Dealer shall not have any delivery or payment obligation hereunder, and no adjustment shall
    be made to the terms of the Transaction, on account of (x) any distribution of cash, property or securities by Counterparty
    to holders of the Convertible Notes (upon conversion or otherwise) or (y) any other transaction in which holders of the Convertible
    Notes are entitled to participate, in each case, in lieu of an adjustment under the Indenture of the type referred to in the immediately
    preceding sentence (including, without limitation, pursuant to the proviso in the first sentence of Section 5.05(A)(iii)(1) of
    the Indenture or the proviso in the first sentence of Section 5.05(A)(iv) of the Indenture).

    8

     

    

 

	Method of Adjustment:	Calculation
    Agent Adjustment, which means that, notwithstanding Section 11.2(c) of the Equity Definitions, upon any Potential Adjustment
    Event, the Calculation Agent, acting in good faith and commercially reasonably, taking into account the relevant provisions of the
    Indenture, shall make a corresponding adjustment to any one or more of the Strike Price, Number of Options, Option Entitlement and
    any other variable relevant to the exercise, settlement or payment for the Transaction.
	 	 
	 	Notwithstanding
    the foregoing and “Consequences of Merger Events / Tender Offers” below:
	 	 	 

 

		(i)	if the Calculation Agent in good
                                            faith disagrees with any adjustment to the Convertible Notes that involves an exercise of
                                            discretion by Counterparty or its board of directors (including, without limitation, pursuant
                                            to Section 5.05(G) of the Indenture, Section 5.09 of the Indenture or any
                                            supplemental indenture entered into thereunder or in connection with any proportional adjustment
                                            or the determination of the fair value of any securities, property, rights or other assets),
                                            then in each such case, the Calculation Agent will determine the adjustment to be made to
                                            any one or more of the Strike Price, Number of Options, Option Entitlement and any other
                                            variable relevant to the exercise, settlement or payment for the Transaction in a commercially
                                            reasonable manner, taking into account the relevant provisions of the Indenture; provided
                                            that, notwithstanding the foregoing, if any Potential Adjustment Event occurs during
                                            the Settlement Averaging Period but no adjustment was made to any Convertible Note under
                                            the Indenture because the relevant Holder (as such term is defined in the Indenture) was
                                            deemed to be a record owner of the underlying Shares on the related Conversion Date, then
                                            the Calculation Agent shall make a commercially reasonable adjustment, as determined by it,
                                            to the terms hereof in order to account for such Potential Adjustment Event;

    9

     

    

 

		(ii)	in connection with any Potential
                                            Adjustment Event as a result of an event or condition set forth in Section 5.05(A)(ii) of
                                            the Indenture or Section 5.05(A)(iii) of the Indenture where, in either case, the
                                            period for determining “Y” (as such term is used in Section 5.05(A)(ii) of
                                            the Indenture) or “SP” (as such term is used in Section 5.05(A)(iii) of
                                            the Indenture), as the case may be, begins before Counterparty has publicly announced the
                                            event or condition giving rise to such Potential Adjustment Event, then the Calculation Agent
                                            shall have the right to adjust, in good faith and in a commercially reasonable manner, any
                                            variable relevant to the exercise, settlement or payment for the Transaction as appropriate
                                            to reflect the costs (including, but not limited to, hedging mismatches and market losses)
                                            and expenses incurred by Dealer in connection with its hedging activities as a result of
                                            such event or condition not having been publicly announced prior to the beginning of such
                                            period; and

 

		(iii)	if any Potential Adjustment Event
                                            is declared and (a) the event or condition giving rise to such Potential Adjustment
                                            Event is subsequently amended, modified, cancelled or abandoned, (b) the “Conversion
                                            Rate” (as defined in the Indenture) is otherwise not adjusted at the time or in the
                                            manner contemplated by the relevant Dilution Adjustment Provision based on such declaration
                                            or (c) the “Conversion Rate” (as defined in the Indenture) is adjusted as
                                            a result of such Potential Adjustment Event and subsequently re-adjusted (each of clauses
                                            (a), (b) and (c), a “Potential Adjustment Event Change”) then, in
                                            each case, the Calculation Agent shall have the right to adjust, in good faith and in a commercially
                                            reasonable manner, any variable relevant to the exercise, settlement or payment for the Transaction
                                            as appropriate to reflect the costs (including, but not limited to, hedging mismatches and
                                            market losses) and commercially reasonable expenses incurred by Dealer in connection with
                                            its hedging activities as a result of such Potential Adjustment Event Change.
	 	 	 
	Dilution Adjustment Provisions:	Sections 5.05(A)(i), (A)(ii), (A)(iii), (A)(iv) and
                                            (A)(v) and Section 5.05(G) of the Indenture.
	 	 
	Extraordinary Events applicable to the Transaction:	 
	 	 
	Merger Events:	Applicable;
                                            provided that notwithstanding Section 12.1(b) of the Equity Definitions,
                                            a “Merger Event” means the occurrence of any event or condition set forth in
                                            the definition of “Common Stock Change Event” in Section 5.09 of the Indenture.

    10

     

    

 

	Tender Offers:	Applicable;
    provided that notwithstanding Section 12.1(d) of the Equity Definitions, a “Tender Offer” means the
    occurrence of any event or condition set forth in Section 5.05(A)(v) of the Indenture.
	 	 
	Consequences of Merger Events/

    Tender Offers:	Notwithstanding Section 12.2
    and Section 12.3 of the Equity Definitions, upon the occurrence of a Merger Event or a Tender Offer, the Calculation Agent shall
    make a corresponding adjustment in respect of any adjustment under the Indenture to any one or more of the nature of the Shares (in
    the case of a Merger Event), Strike Price, Number of Options, Option Entitlement and any other variable relevant to the exercise,
    settlement or payment for the Transaction, subject to the second paragraph under “Method of Adjustment”; provided,
    however, that such adjustment shall be made without regard to any adjustment to the Conversion Rate pursuant to any Excluded
    Provision; provided further that if with respect to any Merger Event or any Tender Offer, (A) the consideration for the
    Shares includes (or, at the option of a holder of Shares, may include) shares of an entity or person that is either (1) neither
    a corporation nor an entity that is treated as a corporation for U.S. federal income tax purposes or (2) not organized under
    the laws of the United States, any State thereof or the District of Columbia or (B) the Counterparty to the Transaction following
    such Merger Event or Tender Offer will not be either a corporation or an entity that is treated as a corporation for U.S. federal
    income tax purposes or will not be organized under the laws of the United States, any State thereof or the District of Columbia then,
    in the case of either clause (A) or clause (B), Cancellation and Payment (Calculation Agent Determination) may apply at Dealer’s
    commercially reasonable election; provided further that, for the avoidance of doubt, adjustments shall be made pursuant to
    the provisions set forth above regardless of whether any Merger Event or Tender Offer gives rise to an Early Conversion.
	 	 
	Consequences of Announcement
    Events:	Modified Calculation Agent
    Adjustment as set forth in Section 12.3(d) of the Equity Definitions; provided that, in respect of an Announcement
    Event, (x) references to “Tender Offer” shall be replaced by references to “Announcement Event” and
    references to “Tender Offer Date” shall be replaced by references to “date of such Announcement Event”, (y) the
    phrase “exercise, settlement, payment or any other terms of the Transaction (including, without limitation, the spread)”
    shall be replaced with the phrase “Cap Price (provided that in no event shall the Cap Price be less than the Strike Price)”,
    and (z) for the avoidance of doubt, the Calculation Agent shall determine whether the relevant Announcement Event has had an
    economic effect on the Transaction (the terms of which include, among other terms, the Strike Price and Cap Price) (and, if so, shall
    adjust the Cap Price accordingly) on one or more occasions on or after the date of the Announcement Event up to, and including, the
    Expiration Date, any Early Termination Date and/or any other date of cancellation, it being understood that any adjustment in respect
    of an Announcement Event shall take into account any earlier adjustment relating to the same Announcement Event. An Announcement
    Event shall be an “Extraordinary Event” for purposes of the Equity Definitions, to which Article 12 of the Equity
    Definitions is applicable.

    11

     

    

 

	 	 
	Announcement Event:	(i) The public announcement
    by Issuer, any subsidiary of Issuer, any affiliate of Issuer, any agent of Issuer or any Valid Third Party Entity of (x) any
    transaction or event that is reasonably likely to be completed (as determined by the Calculation Agent taking into account the effect
    of such announcement on the market for the Shares and/or options on the Shares) and, if completed, would constitute a Merger Event
    or Tender Offer, (y) any potential acquisition or disposition by Issuer and/or its subsidiaries where the aggregate consideration
    exceeds 35% of the market capitalization of Issuer as of the date of such announcement (a “Transformative Transaction”)
    or (z) the intention to enter into a Merger Event or Tender Offer or a Transformative Transaction, (ii) the public announcement
    by Issuer of an intention to solicit or enter into, or to explore strategic alternatives or other similar undertaking that may include,
    a Merger Event or Tender Offer or a Transformative Transaction or (iii) any subsequent public announcement by any entity specified
    in clause (i) or (ii) of this sentence, as the case may be, of a change to a transaction or intention that is the subject
    of an announcement of the type described in clause (i) or (ii) of this sentence (including, without limitation, a new announcement,
    whether or not by the same party, relating to such a transaction or intention or the announcement of a withdrawal from, or the abandonment
    or discontinuation of, such a transaction or intention), as determined by the Calculation Agent. For the avoidance of doubt, the
    occurrence of an Announcement Event with respect to any transaction or intention shall not preclude the occurrence of a later Announcement
    Event with respect to such transaction or intention. For purposes of this definition of “Announcement Event,” (A) “Merger
    Event” shall mean such term as defined under Section 12.1(b) of the Equity Definitions (but, for the avoidance of
    doubt, the remainder of the definition of “Merger Event” in Section 12.1(b) of the Equity Definitions following
    the definition of “Reverse Merger” therein shall be disregarded) and (B) “Tender Offer” shall mean such
    term as defined under Section 12.1(d) of the Equity Definitions.
	 	 
	Valid Third Party Entity:	In respect of any transaction,
    any third party that has a bona fide intent to enter into or consummate such transaction (it being understood and agreed that in
    determining whether such third party has such a bona fide intent, the Calculation Agent may take into consideration of the effect
    of the relevant announcement by such third party on the Shares and/or options relating to the Shares).

    12

     

    

 

	 	 
	Nationalization, Insolvency
    or Delisting:	Cancellation
    and Payment (Calculation Agent Determination); provided that, in addition to the provisions of Section 12.6(a)(iii) of
    the Equity Definitions, it will also constitute a Delisting if the Exchange is located in the United States and the Shares are not
    immediately re-listed, re-traded or re-quoted on any of the New York Stock Exchange, The Nasdaq Global Select Market or The Nasdaq
    Global Market (or their respective successors); if the Shares are immediately re-listed, re-traded or re-quoted on any of the New
    York Stock Exchange, The Nasdaq Global Select Market or The Nasdaq Global Market (or their respective successors), such exchange
    or quotation system shall thereafter be deemed to be the Exchange.
	 	 
	Additional Disruption
    Events:	 
	 	 
	Change in Law:	Applicable;
    provided that Section 12.9(a)(ii) of the Equity Definitions is hereby amended by (i) replacing the phrase “the
    interpretation” in the third line thereof with the phrase “, or public announcement of, the formal or informal interpretation”,
    (ii) replacing the word “Shares” where it appears in clause (X) thereof with the words “Hedge Position”
    and (iii) replacing the parenthetical beginning after the word “regulation” in the second line thereof the words
    “(including, for the avoidance of doubt and without limitation, (x) any tax law or (y) adoption, effectiveness or
    promulgation of new regulations authorized or mandated by existing statute)”. Notwithstanding anything to the contrary in the
    Equity Definitions, a Change in Law described in clause (Y) of Section 12.9(a)(ii) of the Equity Definitions shall
    not constitute a Change in Law and instead shall constitute an Increased Cost of Hedging as described in Section 12.9(a)(vi) of
    the Equity Definitions, and any such determination of a Change in Law shall be consistently applied by the Determining Party across
    transactions similar to the Transaction and for counterparties similar to Counterparty.
	 	 
	Failure to Deliver:	Applicable
	 	 
	Hedging Disruption:	Applicable;
    provided that:
	 	 	 

 

		(i)	Section 12.9(a)(v) of
                                            the Equity Definitions is hereby amended by (a) inserting the following words at the
                                            end of clause (A) thereof: “in the manner contemplated by the Hedging Party on
                                            the Trade Date” and (b) inserting the following two phrases at the end of such
                                            Section:
	 	 	 
	 	 	“For the avoidance of doubt, the term “equity price risk”
                              shall be deemed to include, but shall not be limited to, stock price and volatility risk. And, for the
                              further avoidance of doubt, any such transactions or assets referred to in phrases (A) or (B) above
                              must be available on commercially reasonable pricing terms.”; and

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		(ii)	Section 12.9(b)(iii) of
                                            the Equity Definitions is hereby amended by inserting in the third line thereof, after the
                                            words “to terminate the Transaction”, the words “or, if a portion of the
                                            Transaction is affected by such Hedging Disruption (as commercially reasonably determined
                                            by the Hedging Party), such portion of the Transaction affected by such Hedging Disruption”.
	 	 	 
	 	Notwithstanding anything to the contrary herein
                                            or in the Equity Definitions, in no event will a Hedging Disruption occur solely due to the
                                            deterioration of the creditworthiness of the Hedging Party relative to other comparable financial
                                            institutions.
	 	 
	Increased Cost of Hedging:	Applicable solely with
                                            respect to a “Change in Law” described in clause (Y) of Section 12.9(a)(ii) of
                                            the Equity Definitions as set forth in the last sentence opposite the caption “Change
                                            in Law” above (which determination shall be consistently applied by the Determining
                                            Party across transactions similar to the Transaction and for counterparties similar to Counterparty).
	 	 
	Hedging Party:	For all applicable Additional Disruption
                                            Events, Dealer; provided that when making any determination or calculation as “Hedging
                                            Party” (but not, for the avoidance of doubt, the making of any election it is entitled
                                            to make as “Hedging Party”), Dealer shall be bound by the same obligations relating
                                            to required acts of the Calculation Agent as set forth in Section 1.40 of the Equity
                                            Definitions and this Confirmation as if the Hedging Party were the Calculation Agent.
	 	 
	Determining Party:	For all applicable Extraordinary
                                            Events, Dealer; provided that when making any determination or calculation as “Determining
                                            Party,” Dealer shall be bound by the same obligations relating to required acts of
                                            the Calculation Agent as set forth in Section 1.40 of the Equity Definitions and this
                                            Confirmation as if the Determining Party were the Calculation Agent.
	 	 
	Non-Reliance:	Applicable
	 	 
	Agreements and Acknowledgments	Applicable
	Regarding Hedging Activities:	 
	 	
	Additional Acknowledgments:	Applicable
	 	 
	Hedging Adjustments:	For the avoidance of doubt, whenever
                                            the Determining Party or Calculation Agent is called upon or permitted to make an adjustment
                                            pursuant to the terms of this Confirmation or the Equity Definitions to take into account
                                            the effect of an event (other than, for the avoidance of doubt, any adjustment that is required
                                            to be made by reference to the Indenture), the Determining Party or Calculation Agent, as
                                            the case may be, shall make such adjustment by reference to the effect of such event on Dealer
                                            assuming that Dealer maintains a commercially reasonable hedge position.
		 	 
	 	 	 

    14

     

    

 

	4.            Calculation Agent.	Dealer,
                                            whose judgments, determinations and calculations shall be made in good faith and in a commercially
                                            reasonable manner; provided that, following the occurrence and during the continuance
                                            of an Event of Default of the type described in Section 5(a)(vii) of the Agreement
                                            with respect to which Dealer is the sole Defaulting Party, if the Calculation Agent fails
                                            to timely make any calculation, adjustment or determination required to be made by the Calculation
                                            Agent hereunder and such failure continues for five (5) Exchange Business Days following
                                            notice to the Calculation Agent by Counterparty of such failure, Counterparty shall have
                                            the right to designate a nationally recognized third-party dealer in over-the-counter corporate
                                            equity derivatives to act, during the period commencing on the date such Event of Default
                                            occurred and ending on the Early Termination Date with respect to such Event of Default,
                                            as the Calculation Agent. Following any determination, adjustment or calculation by the Calculation
                                            Agent hereunder, upon a request by Counterparty, the Calculation Agent shall promptly provide
                                            to Counterparty by e-mail to the e-mail address provided by Counterparty in such request
                                            a report (in a commonly used file format for the storage and manipulation of financial data)
                                            displaying in reasonable detail the basis for such determination, adjustment or calculation
                                            (including any assumptions used in making such determination or calculation), it being understood
                                            that the Calculation Agent shall not be obligated to disclose any proprietary models used
                                            by it for such determination or calculation or any information that may be proprietary or
                                            confidential or subject to an obligation not to disclose such information.

 

5.             Account
Details.

 

		(a)	Account for payments to Counterparty:

 

To be provided by Counterparty.

 

Account for delivery of Shares to Counterparty:

 

To be provided by Counterparty.

 

		(b)	Account for payments to Dealer:

 

[_____]

 

Account for delivery of Shares from Dealer:

 

[_____]

 

    15

     

    

 

6.             Offices.

 

		(a)	The Office of Counterparty for the Transaction
                                            is: Inapplicable, Counterparty is not a Multibranch Party.

 

		(b)	The Office of Dealer for the Transaction
                                            is: [_____]

 

7.             Notices.

 

		(a)	Address for notices or communications
                                            to Counterparty:

 

Bentley Systems, Incorporated

685 Stockton Drive 

Exton, Pennsylvania

Attention:     David Hollister, Chief Financial Officer

Telephone No.:     610-321-4617

Email.:     david.hollister@bentley.com

 

with a copy to:

 

Attention:     David Shaman,
Chief Legal Officer and Secretary

Telephone No.:     610-321-6317

Email.:     david.shaman@bentley.com

 

		(b)	Address for notices or communications
                                            to Dealer:

 

[______]

 

8.             Representations
and Warranties of Counterparty.

 

Counterparty hereby represents and
warrants to Dealer on the date hereof and on and as of the Premium Payment Date that:

 

		(a)	Counterparty has all necessary corporate
                                            power and authority to execute, deliver and perform its obligations in respect of the Transaction;
                                            such execution, delivery and performance have been duly authorized by all necessary corporate
                                            action on Counterparty’s part; and this Confirmation has been duly and validly executed
                                            and delivered by Counterparty and constitutes its valid and binding obligation, enforceable
                                            against Counterparty in accordance with its terms, subject to applicable bankruptcy, insolvency,
                                            fraudulent conveyance, reorganization, moratorium and similar laws affecting creditors’
                                            rights and remedies generally, and subject, as to enforceability, to general principles of
                                            equity, including principles of commercial reasonableness, good faith and fair dealing (regardless
                                            of whether enforcement is sought in a proceeding at law or in equity) and except that rights
                                            to indemnification and contribution hereunder may be limited by federal or state securities
                                            laws or public policy relating thereto.

 

		(b)	Neither the execution and delivery of
                                            this Confirmation nor the incurrence or performance of obligations of Counterparty hereunder
                                            will conflict with or result in a breach of the certificate of incorporation or by-laws (or
                                            any equivalent documents) of Counterparty, or any applicable law or regulation, or any order,
                                            writ, injunction or decree of any court or governmental authority or agency, or any agreement
                                            or instrument filed as an exhibit to Counterparty’s registration statement on Form S-1/A,
                                            filed September 8, 2020, as updated by any subsequent filings, to which Counterparty
                                            or any of its subsidiaries is a party or by which Counterparty or any of its subsidiaries
                                            is bound or to which Counterparty or any of its subsidiaries is subject, or constitute a
                                            default under, or result in the creation of any lien under, any such agreement or instrument.

 

		(c)	No consent, approval, authorization, or
                                            order of, or filing with, any governmental agency or body or any court is required in connection
                                            with the execution, delivery or performance by Counterparty of this Confirmation, except
                                            such as have been obtained or made and such as may be required under the Securities Act or
                                            state securities laws.

 

    16

     

    

 

		(d)	Counterparty is not and, after consummation
                                            of the transactions contemplated hereby, will not be required to register as an “investment
                                            company” as such term is defined in the Investment Company Act of 1940, as amended.

 

		(e)	Counterparty is an “eligible contract
                                            participant” (as such term is defined in Section 1a(18) of the Commodity Exchange
                                            Act, as amended, other than a person that is an eligible contract participant under Section 1a(18)(C) of
                                            the Commodity Exchange Act).

 

		(f)	Counterparty is not, on the date hereof,
                                            in possession of any material non-public information with respect to Counterparty or the
                                            Shares.

 

		(g)	To Counterparty’s actual knowledge,
                                            no state or local (including any non-U.S. jurisdiction’s) law, rule, regulation or
                                            regulatory order applicable to the Shares would give rise to any reporting, consent, registration
                                            or other requirement (including without limitation a requirement to obtain prior approval
                                            from any person or entity) as a result of Dealer or its affiliates owning or holding (however
                                            defined) Shares.

 

		(h)	Counterparty (A) is capable of evaluating
                                            investment risks independently, both in general and with regard to all transactions and investment
                                            strategies involving a security or securities; (B) will exercise independent judgment
                                            in evaluating the recommendations of any broker-dealer or its associated persons, unless
                                            it has otherwise notified the broker-dealer in writing; and (C) has total assets of
                                            at least USD 50 million.

 

		(i)	The assets of Counterparty do not constitute
                                            “plan assets” under the Employee Retirement Income Security Act of 1974, as amended,
                                            the Department of Labor Regulations promulgated thereunder or similar law.

 

		(j)	On and immediately after each of the Trade
                                            Date and the Premium Payment Date, (A) the value of the total assets of Counterparty
                                            is not less than the total liabilities (including probable contingent liabilities) of Counterparty
                                            as they mature and become absolute, (B) the capital of Counterparty is adequate to conduct
                                            the business of Counterparty and to enter into the Transaction, (C) Counterparty has
                                            the ability to pay its debts and obligations as such debts mature, (D) Counterparty
                                            is not “insolvent” (as such term is defined under Section 101(32) of the
                                            U.S. Bankruptcy Code (Title 11 of the United States Code) (the “Bankruptcy Code”))
                                            and (E) Counterparty would be able to purchase the Number of Shares with respect to
                                            the Transaction in compliance with the laws of the jurisdiction of Counterparty’s incorporation
                                            (including the adequate surplus and capital requirements of Sections 154 and 160 of the General
                                            Corporation Law of the State of Delaware).

 

		(k)	[Counterparty acknowledges that the Transaction
                                            may constitute a purchase of its equity securities. Counterparty further acknowledges that,
                                            pursuant to the provisions of the Coronavirus Aid, Relief and Economic Security Act (the
                                            “CARES Act”), the Counterparty would be required to agree to certain time-bound
                                            restrictions on its ability to purchase its equity securities if it receives loans, loan
                                            guarantees or direct loans (as that term is defined in the CARES Act) under section 4003(b) of
                                            the CARES Act. Counterparty further acknowledges that it may be required to agree to certain
                                            time-bound restrictions on its ability to purchase its equity securities if it receives loans,
                                            loan guarantees or direct loans (as that term is defined in the CARES Act) under programs
                                            or facilities established by the Board of Governors of the Federal Reserve System for the
                                            purpose of providing liquidity to the financial system (together with loans, loan guarantees
                                            or direct loans under section 4003(b) of the CARES Act, “Governmental Financial
                                            Assistance”). Accordingly, Counterparty represents that it has not applied for,
                                            and has no present intention to apply for, Governmental Financial Assistance under any governmental
                                            program or facility that (a) is established under the CARES Act or the Federal Reserve
                                            Act, as amended, and (b) requires, as a condition of such Governmental Financial Assistance,
                                            that the Counterparty agree, attest, certify or warrant that it has not, as of the date specified
                                            in such condition, repurchased, or will not repurchase, any equity security of Counterparty.]13

 

    17

     

    

 

9.             Other
Provisions.

 

		(a)	Opinions. Counterparty shall
                                            deliver to Dealer an opinion of counsel, dated as of the Premium Payment Date, with respect
                                            to the matters set forth in Sections 8(a) through (c) of this Confirmation; provided
                                            that any such opinion of counsel may contain customary exceptions and qualifications.
                                            Delivery of such opinion to Dealer shall be a condition precedent for the purpose of Section 2(a)(iii) of
                                            the Agreement with respect to each obligation of Dealer under Section 2(a)(i) of
                                            the Agreement.

 

		(b)	Repurchase Notices. Counterparty
                                            shall, on or prior to the date one Scheduled Trading Day immediately following any date on
                                            which Counterparty has effected any repurchase of Shares, promptly give Dealer a written
                                            notice of such repurchase (a “Repurchase Notice”) on such day if following
                                            such repurchase, the number of outstanding Shares as determined on such day is (i) less
                                            than [__]14
                                            million (in the case of the first such notice) or (ii) thereafter more
                                            than [__]15
                                            million less than the number of Shares included in the immediately preceding
                                            Repurchase Notice; provided that, with respect to any repurchase of Shares pursuant
                                            to a plan under Rule 10b5-1 under the Exchange Act, Counterparty may elect to satisfy
                                            such requirement by promptly giving Dealer written notice of the entry into such plan, the
                                            maximum number of Shares that may be repurchased thereunder and the approximate dates or
                                            periods during which such repurchases may occur (with such maximum deemed repurchased on
                                            the date of such notice for purposes of this Section 9(b)). Counterparty agrees to indemnify
                                            and hold harmless Dealer and its affiliates and their respective officers, directors, employees,
                                            affiliates, advisors, agents and controlling persons (each, an “Indemnified Person”)
                                            from and against any and all losses (including losses relating to Dealer’s hedging
                                            activities as a consequence of becoming, or of the risk of becoming, a Section 16 “insider”,
                                            including without limitation, any forbearance from hedging activities or cessation of hedging
                                            activities and any losses in connection therewith with respect to the Transaction), claims,
                                            damages, judgments, liabilities and reasonable expenses (including reasonable attorney’s
                                            fees), joint or several, which an Indemnified Person may become subject to, in each case,
                                            as a result of Counterparty’s failure to provide Dealer with a Repurchase Notice on
                                            the day and in the manner specified in this paragraph, and to reimburse, within 30 days,
                                            upon written request, each of such Indemnified Persons for any reasonable legal or other
                                            expenses incurred in connection with investigating, preparing for, providing testimony or
                                            other evidence in connection with or defending any of the foregoing. If any suit, action,
                                            proceeding (including any governmental or regulatory investigation), claim or demand shall
                                            be brought or asserted against the Indemnified Person as a result of Counterparty’s
                                            failure to provide Dealer with a Repurchase Notice in accordance with this paragraph, such
                                            Indemnified Person shall promptly notify Counterparty in writing, and Counterparty, upon
                                            request of the Indemnified Person, shall retain counsel reasonably satisfactory to the Indemnified
                                            Person to represent the Indemnified Person and any others Counterparty may designate in such
                                            proceeding and shall pay the reasonable fees and expenses of such counsel related to such
                                            proceeding. Counterparty shall not be liable for any settlement of any proceeding contemplated
                                            by this paragraph that is effected without its written consent, but if settled with such
                                            consent or if there be a final judgment for the plaintiff, Counterparty agrees to indemnify
                                            any Indemnified Person from and against any loss or liability by reason of such settlement
                                            or judgment. Counterparty shall not, without the prior written consent of the Indemnified
                                            Person, effect any settlement of any pending or threatened proceeding contemplated by this
                                            paragraph that is in respect of which any Indemnified Person is or could have been a party
                                            and indemnity could have been sought hereunder by such Indemnified Person, unless such settlement
                                            includes an unconditional release of such Indemnified Person from all liability on claims
                                            that are the subject matter of such proceeding on terms reasonably satisfactory to such Indemnified
                                            Person.

 

 

13
To be modified for Dealers as appropriate.

14
Insert the number of Shares outstanding that would cause the current position in the Shares underlying the Transaction of
the Dealer with the highest Applicable Percentage (including the number of Shares underlying any additional transaction if the greenshoe
is exercised in full, and any Shares under pre-existing call option transactions with Counterparty) to increase by 0.5%.

15
Insert the number of Shares that, if repurchased, would cause the current position in the Shares underlying the Transaction
of the Dealer with the highest Applicable Percentage (including the number of Shares underlying any additional transaction if the greenshoe
is exercised in full, and any Shares under pre-existing call option transactions with Counterparty) to increase by a further 0.5% from
the threshold for the first Repurchase Notice.

 

 

    18

     

    

 

		If the indemnification provided for in this paragraph is unavailable to an
                            Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred to therein,
                            then Counterparty hereunder, in lieu of indemnifying such Indemnified Person thereunder, shall contribute
                            to the amount paid or payable by such Indemnified Person as a result of such losses, claims, damages or liabilities.
                            The remedies provided for in this paragraph (b) are not exclusive and shall not limit any rights or
                            remedies which may otherwise be available to any Indemnified Person at law or in equity. The indemnity and
                            contribution agreements contained in this paragraph shall remain operative and in full force and effect regardless
                            of the termination of the Transaction.

 

		(c)	Regulation M. Counterparty
                                            is not on the Trade Date engaged in a distribution, as such term is used in Regulation M
                                            under the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
                                            of any securities of Counterparty, other than a distribution meeting the requirements of
                                            the exception set forth in Rules 101(b)(10) and 102(b)(7) of Regulation M.
                                            Counterparty shall not, until the second Scheduled Trading Day immediately following the
                                            Effective Date, engage in any such distribution.

 

		(d)	No Manipulation. Counterparty
                                            is not entering into the Transaction to create actual or apparent trading activity in the
                                            Shares (or any security convertible into or exchangeable for the Shares) or to raise or depress
                                            or otherwise manipulate the price of the Shares (or any security convertible into or exchangeable
                                            for the Shares) or otherwise in violation of the Exchange Act.

 

		(e)	Transfer or Assignment.

 

		(i)	Counterparty shall have the right to transfer
                                            or assign its rights and obligations hereunder with respect to all, but not less than all,
                                            of the Options hereunder (such Options, the “Transfer Options”); provided
                                            that such transfer or assignment shall be subject to reasonable conditions that Dealer
                                            may impose, including but not limited, to the following conditions:

 

		(A)	With respect to any Transfer Options,
                                            Counterparty shall not be released from its notice and indemnification obligations pursuant
                                            to Section 9(b) or any obligations under Section 9(m) or 9(r) of
                                            this Confirmation;

 

		(B)	Any Transfer Options shall only be transferred
                                            or assigned to a third party that is a United States person (as defined in the U.S. Internal
                                            Revenue Code of 1986, as amended (the “Code”));

 

		(C)	Such transfer or assignment shall be effected
                                            on terms, including any reasonable undertakings by such third party (including, but not limited
                                            to, an undertaking with respect to compliance with applicable securities laws in a manner
                                            that, in the reasonable judgment of Dealer, will not expose Dealer to material risks under
                                            applicable securities laws) and execution of any documentation and delivery of legal opinions
                                            with respect to securities laws and other matters by such third party and Counterparty, as
                                            are requested and reasonably satisfactory to Dealer;

 

		(D)	Under the applicable law effective on
                                            or of the date of such transfer and assignment, (1) Dealer will not, as a result of
                                            such transfer and assignment, be required to pay the transferee on any payment date an amount
                                            under Section 2(d)(i)(4) of the Agreement greater than an amount that Dealer would
                                            have been required to pay to Counterparty in the absence of such transfer and assignment
                                            and (2) Dealer will not, as a result of such transfer and assignment, receive from the
                                            transferee on any payment date an amount under Section 2(d)(i)(4) of the Agreement
                                            that is less than the amount that Dealer would have received from Counterparty in the absence
                                            of such transfer and assignment;

 

		(E)	An Event of Default, Potential Event of
                                            Default or Termination Event will not occur as a result of such transfer and assignment;

 

    19

     

    

 

		(F)	Without limiting the generality of clause
                                            (B), Counterparty shall cause the transferee to make such Payee Tax Representations and to
                                            provide such tax documentation as may be reasonably requested by Dealer to permit Dealer
                                            to determine that results described in clauses (D) and (E) will not occur upon
                                            or after such transfer and assignment; and

 

		(G)	Counterparty shall be responsible for
                                            all reasonable costs and expenses, including reasonable counsel fees, incurred by Dealer
                                            in connection with such transfer or assignment.

 

		(ii)	Dealer may transfer or assign all or any
                                            part of its rights or obligations under the Transaction (A) without Counterparty’s
                                            consent, to any affiliate of Dealer (1) that has a long-term issuer rating that is equal
                                            to or better than Dealer’s credit rating at the time of such transfer or assignment,
                                            or (2) whose obligations hereunder will be guaranteed, pursuant to the terms of a customary
                                            guarantee in a form used by Dealer generally for similar transactions, by Dealer or Dealer’s
                                            ultimate parent, or (B) with Counterparty’s consent (not to be unreasonably withheld),
                                            to any person, or any person whose obligations would be guaranteed by a person, in either
                                            case, with a long-term issuer rating equal to or better than the greater of (1) the
                                            credit rating of Dealer at the time of the transfer and (2) A- by Standard and Poor’s
                                            Rating Group, Inc. or its successor (“S&P”), or A3 by Moody’s
                                            Investor Service, Inc. (“Moody’s”) or, if either S&P or
                                            Moody’s ceases to rate such debt, at least an equivalent rating or better by a substitute
                                            rating agency mutually agreed by Counterparty and Dealer; provided, that in the case
                                            of any transfer or assignment provided under clause (A) or (B) above such transfer
                                            or assignment effected by Dealer shall not result in a deemed exchange from Counterparty’s
                                            perspective within the meaning of Section 1001 of the Code; provided further
                                            that in the case of any transfer or assignment provided under clause (A) or (B) above,
                                            (x) no Event of Default, Potential Event of Default or Termination Event will occur
                                            as a result of such transfer and assignment and (y) (i) under the applicable law
                                            effective on or of the date of such assignment, (1) Counterparty will not, as a result
                                            of such transfer or assignment, be required to pay the transferee or assignee on any payment
                                            date an amount under Section 2(d)(i)(4) of the Agreement greater than an amount
                                            that Counterparty would have been required to pay to Dealer in the absence of such transfer
                                            or assignment and (2) Counterparty will not, as a result of such transfer or assignment,
                                            receive from the transferee or assignee on any payment date an amount under Section 2(d)(i)(4) of
                                            the Agreement that is less than the amount that Counterparty would have received from Dealer
                                            in the absence of such transfer or assignment, (ii) the transferee or assignee shall
                                            provide Counterparty with a complete and accurate U.S. Internal Revenue Service Form W-9
                                            or W-8 (as applicable) prior to becoming a party to the Transaction and (iii) Dealer
                                            shall cause the transferee or assignee to make such Payee Tax Representations and to provide
                                            such tax documentation as may be reasonably requested by Counterparty to permit Counterparty
                                            to determine that results described in clause (i) will not occur upon or after such
                                            transfer and assignment. If at any time at which (A) the Section 16 Percentage
                                            exceeds 7.5%, (B) the Option Equity Percentage exceeds 14.5%, or (C) the Share
                                            Amount exceeds the Applicable Share Limit (if any applies) (any such condition described
                                            in clauses (A), (B) or (C), an “Excess Ownership Position”), Dealer
                                            is unable after using its commercially reasonable efforts to effect a transfer or assignment
                                            of Options to a third party on pricing terms reasonably acceptable to Dealer and within a
                                            time period reasonably acceptable to Dealer such that no Excess Ownership Position exists,
                                            then Dealer may designate any Exchange Business Day as an Early Termination Date with respect
                                            to a portion of the Transaction (the “Terminated Portion”), such that
                                            following such partial termination no Excess Ownership Position exists. In the event that
                                            Dealer so designates an Early Termination Date with respect to a portion of the Transaction,
                                            a payment shall be made pursuant to Section 6 of the Agreement as if (1) an Early
                                            Termination Date had been designated in respect of a Transaction having terms identical to
                                            the Transaction and a Number of Options equal to the number of Options underlying the Terminated
                                            Portion, (2) Counterparty were the sole Affected Party with respect to such partial
                                            termination and (3) the Terminated Portion were the sole Affected Transaction (and,
                                            for the avoidance of doubt, the provisions of Section 9(k) shall apply to any amount
                                            that is payable by Dealer to Counterparty pursuant to this sentence as if Counterparty was
                                            not the Affected Party). The “Section 16 Percentage” as of any day
                                            is the fraction, expressed as a percentage, (A) the numerator of which is the number
                                            of Shares that Dealer and any of its affiliates or any other person subject to aggregation
                                            with Dealer for purposes of the “beneficial ownership” test under Section 13
                                            of the Exchange Act, or any “group” (within the meaning of Section 13 of
                                            the Exchange Act) of which Dealer is or may be deemed to be a part beneficially owns (within
                                            the meaning of Section 13 of the Exchange Act), without duplication, on such day (or,
                                            to the extent that for any reason the equivalent calculation under Section 16 of the
                                            Exchange Act and the rules and regulations thereunder results in a higher number, such
                                            higher number) and (B) the denominator of which is the number of Shares outstanding
                                            on such day. The “Option Equity Percentage” as of any day is the fraction,
                                            expressed as a percentage, (A) the numerator of which is the sum of (1) the product
                                            of the Number of Options and the Option Entitlement and (2) the aggregate number of
                                            Shares underlying any other call option transaction sold by Dealer to Counterparty, and (B) the
                                            denominator of which is the number of Shares outstanding. The “Share Amount”
                                            as of any day is the number of Shares that Dealer and any person whose ownership position
                                            would be aggregated with that of Dealer (Dealer or any such person, a “Dealer Person”)
                                            under any law, rule, regulation, regulatory order or organizational documents or contracts
                                            of Counterparty that are, in each case, applicable to ownership of Shares (“Applicable
                                            Restrictions”), owns, beneficially owns, constructively owns, controls, holds the
                                            power to vote or otherwise meets a relevant definition of ownership under any Applicable
                                            Restriction, as determined by Dealer in its reasonable discretion. The “Applicable
                                            Share Limit” means a number of Shares equal to (A) the minimum number of Shares
                                            that could give rise to reporting or registration obligations (except for any filings of
                                            Form 13F, Schedule 13D or Schedule 13G under the Exchange Act as in effect on the Trade
                                            Date) or other requirements (including obtaining prior approval from any person or entity)
                                            of a Dealer Person, or could result in an adverse effect on a Dealer Person, under any Applicable
                                            Restriction, as determined by Dealer in its reasonable discretion, minus (B) 1%
                                            of the number of Shares outstanding.

 

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		(iii)	Notwithstanding any other provision in
                                            this Confirmation to the contrary requiring or allowing Dealer to purchase, sell, receive
                                            or deliver any Shares or other securities, or make or receive any payment in cash, to or
                                            from Counterparty, Dealer may designate any of its affiliates to purchase, sell, receive
                                            or deliver such Shares or other securities, or to make or receive such payment in cash, and
                                            otherwise to perform Dealer’s obligations in respect of the Transaction and any such
                                            designee may assume such obligations. Dealer shall be discharged of its obligations to Counterparty
                                            to the extent of any such performance.

 

		(f)	Staggered Settlement. If
                                            upon advice of counsel with respect to applicable legal and regulatory requirements, including
                                            any requirements relating to Dealer’s hedging activities hereunder, Dealer reasonably
                                            determines that it would not be practicable or advisable to deliver, or to acquire Shares
                                            to deliver, any or all of the Shares to be delivered by Dealer on any Settlement Date for
                                            the Transaction, Dealer may, by notice to Counterparty on or prior to any Settlement Date
                                            (a “Nominal Settlement Date”), elect to deliver the Shares on two or more
                                            dates (each, a “Staggered Settlement Date”) as follows:

 

		(i)	in such notice, Dealer will specify to Counterparty
                                            the related Staggered Settlement Dates (the first of which will be on or prior to such Nominal
                                            Settlement Date and the last of which will be no later than the fortieth (40th)
                                            Exchange Business Day following such Nominal Settlement Date) and the number of Shares that
                                            it will deliver on each Staggered Settlement Date;

 

		(ii)	the aggregate number of Shares that Dealer
                                            will deliver to Counterparty hereunder on all such Staggered Settlement Dates will equal
                                            the number of Shares that Dealer would otherwise be required to deliver on such Nominal Settlement
                                            Date; and

 

 

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		(iii)	if the Net Share Settlement terms or the
                                            Combination Settlement terms set forth above were to apply on the Nominal Settlement Date,
                                            then the Net Share Settlement terms or the Combination Settlement terms, as the case may
                                            be, will apply on each Staggered Settlement Date, except that the Shares otherwise deliverable
                                            on such Nominal Settlement Date will be allocated among such Staggered Settlement Dates as
                                            specified by Dealer in the notice referred to in clause (i) above.
	 	 	 

		(g)	Dividends. If at any time
                                            during the period from and including the Effective Date, to but excluding the Expiration
                                            Date, (i) an ex-dividend date for a regular quarterly cash dividend occurs with respect
                                            to the Shares (an “Ex-Dividend Date”), and that dividend is less than
                                            the Regular Dividend on a per Share basis or (ii) if no Ex-Dividend Date for a regular
                                            quarterly cash dividend occurs with respect to the Shares in any quarterly dividend period
                                            of Counterparty, then the Calculation Agent will adjust the Cap Price to preserve the fair
                                            value of the Options after taking into account such dividend or lack thereof. “Regular
                                            Dividend” shall mean USD [0.06]16
                                            per Share per quarter. Upon any adjustment to the Initial Dividend Threshold
                                            (as defined in the Indenture) for the Convertible Notes pursuant to the Indenture, the Calculation
                                            Agent will make a corresponding adjustment to the Regular Dividend for the Transaction.

 

		(h)	Additional Termination Events.

 

		(i)	Notwithstanding anything to the contrary
                                            in this Confirmation, upon any Early Conversion in respect of which a Notice of Conversion
                                            that is effective as to Counterparty has been delivered by the relevant converting Holder:

 

		(A)	Counterparty shall, within five Scheduled
                                            Trading Days of the Conversion Date for such Early Conversion, provide written notice (an
                                            “Early Conversion Notice”) to Dealer specifying the number of Convertible
                                            Notes surrendered for conversion on such Conversion Date (such Convertible Notes, the “Affected
                                            Convertible Notes”), and the giving of such Early Conversion Notice shall constitute
                                            an Additional Termination Event as provided in this clause (i);

 

		(B)	upon receipt of any such Early Conversion
                                            Notice, within a commercially reasonable period of time thereafter, Dealer shall designate
                                            an Exchange Business Day as an Early Termination Date (which Exchange Business Day shall
                                            be on or as promptly as reasonably practicable after the Conversion Date for such Early Conversion)
                                            with respect to the portion of the Transaction corresponding to a number of Options (the
                                            “Affected Number of Options”) equal to the lesser of (x) the number
                                            of Affected Convertible Notes [minus the “Affected Number of Options”
                                            (as defined in the Base Call Option Confirmation), if any, that relate to such Affected Convertible
                                            Notes]17
                                            and (y) the Number of Options as of the Conversion Date for such Early Conversion;

 

		(C)	any payment hereunder with respect
                                            to such termination shall be calculated pursuant to Section 6 of the Agreement as if
                                            (x) an Early Termination Date had been designated in respect of a Transaction having
                                            terms identical to the Transaction and a Number of Options equal to the Affected Number of
                                            Options, (y) Counterparty were the sole Affected Party with respect to such Additional
                                            Termination Event and (z) the terminated portion of the Transaction were the sole Affected
                                            Transaction; provided that the amount payable with respect to such termination shall
                                            not be greater than (1) the Applicable Percentage, multiplied by (2) the
                                            Affected Number of Options, multiplied by (3) (x) the sum of (i) the
                                            amount of cash paid (if any) to the Holder (as such term is defined in the Indenture) of
                                            an Affected Convertible Note upon conversion of such Affected Convertible Note and (ii) the
                                            number of Shares delivered (if any) to the Holder (as such term is defined in the Indenture)
                                            of an Affected Convertible Note upon conversion of such Affected Convertible Note (including
                                            any Shares deliverable as the result an increase to the Conversion Rate (as such term is
                                            defined in the Indenture) pursuant to Section 5.07 of the Indenture (if any)), multiplied
                                            by the fair market value of one Share as determined by the Calculation Agent, minus
                                            (y) USD 1,000;

 

 

16
Include current dividend

17 Include in Additional Call Option Confirmation only.

 

    22

     

    

 

		(D)	for the avoidance of doubt, in determining
                                            the amount payable in respect of such Affected Transaction pursuant to Section 6 of
                                            the Agreement, the Calculation Agent shall assume that (x) the relevant Early Conversion
                                            and any conversions, adjustments, agreements, payments, deliveries or acquisitions by or
                                            on behalf of Counterparty leading thereto had not occurred, (y) no adjustments to the
                                            Conversion Rate have occurred pursuant to any Excluded Provision and (z) the corresponding
                                            Convertible Notes remain outstanding; and

 

		(E)	the Transaction shall remain in full
                                            force and effect, except that, as of the Conversion Date for such Early Conversion, the Number
                                            of Options shall be reduced by the Affected Number of Options.

 

		(ii)	Notwithstanding anything to the contrary
                                            in this Confirmation if an event of default with respect to Counterparty occurs under the
                                            terms of the Convertible Notes as set forth in Section 7.01 of the Indenture that results
                                            in the Convertible Notes becoming or being declared due and payable pursuant to the terms
                                            of the Indenture, then such acceleration shall constitute an Additional Termination Event
                                            applicable to the Transaction and, with respect to such Additional Termination Event, (A) Counterparty
                                            shall be deemed to be the sole Affected Party, (B) the Transaction shall be the sole
                                            Affected Transaction and (C) Dealer shall be the party entitled to designate an Early
                                            Termination Date pursuant to Section 6(b) of the Agreement.

 

		(iii)	Within five Scheduled Trading Days following
                                            any Repayment Event (as defined below), Counterparty may notify Dealer of such Repayment
                                            Event and the aggregate principal amount of Convertible Notes subject to such Repayment Event
                                            (any such notice, a “Repayment Notice”)[; provided that any “Repayment
                                            Notice” delivered to Dealer pursuant to the Base Call Option Confirmation shall be
                                            deemed to be a Repayment Notice pursuant to this Confirmation and the terms of such Repayment
                                            Notice shall apply, mutatis mutandis, to this Confirmation]18.
                                            Such Repurchase Notice shall contain the representation and warranty that Counterparty is
                                            not, on the date thereof, in possession of any material non-public information with respect
                                            to Counterparty or the Shares. The receipt by Dealer from Counterparty of any Repayment Notice
                                            shall constitute an Additional Termination Event as provided in this Section 9(h)(iii).
                                            Upon receipt of any such Repayment Notice, within a commercially reasonable period of time
                                            thereafter, Dealer shall designate an Exchange Business Day following receipt of such Repayment
                                            Notice as an Early Termination Date (which Exchange Business Day shall be on or as promptly
                                            as reasonably practicable after the settlement date of the relevant Repayment Event) with
                                            respect to the portion of the Transaction corresponding to a number of Options (the “Repayment
                                            Options”) equal to the lesser of (A) [(x)] the aggregate principal amount
                                            of such Convertible Notes specified in such Repayment Notice, divided by USD 1,000,
                                            [minus (y) the number of “Repayment Options” (as defined in the Base
                                            Call Option Confirmation), if any, that relate to such Convertible Notes (and for the purposes
                                            of determining whether any Options under this Confirmation or under the Base Call Option
                                            Confirmation will be among the Repayment Options hereunder or under, and as defined in, the
                                            Base Call Option Confirmation, the Convertible Notes specified in such Repayment Notice shall
                                            be allocated first to the Base Call Option Confirmation until all Options thereunder are
                                            exercised or terminated)]19,
                                            and (B) the Number of Options as of the date Dealer designates such Early Termination
                                            Date and, as of such date, the Number of Options shall be reduced by the number of Repayment
                                            Options. Any payment hereunder with respect to such termination shall be calculated pursuant
                                            to Section 6 of the Agreement as if (1) an Early Termination Date had been designated
                                            in respect of a Transaction having terms identical to the Transaction and a Number of Options
                                            equal to the number of Repayment Options, (2) Counterparty were the sole Affected Party
                                            with respect to such Additional Termination Event and (3) the terminated portion of
                                            the Transaction were the sole Affected Transaction; provided that, in the event of
                                            a Repayment Event pursuant to Section 4.02 of the Indenture or Section 4.03 of
                                            the Indenture, the amount payable with respect to such termination shall not be greater than
                                            (x) the number of Repayment Options multiplied by (y) the product of (A) the
                                            Applicable Percentage and (B) the excess of (I) the amount paid by the Counterparty
                                            per Convertible Note pursuant to the relevant sections of the Indenture over (II) USD
                                            1,000. “Repayment Event” means that (i) any Convertible Notes are
                                            repurchased (whether in connection with or as a result of a fundamental change, howsoever
                                            defined, or for any other reason) by Counterparty or any of its subsidiaries, (ii) any
                                            Convertible Notes are delivered to Counterparty or any of its subsidiaries in exchange for
                                            delivery of any property or assets of such party (howsoever described), (iii) any principal
                                            of any of the Convertible Notes is repaid prior to the final maturity date of the Convertible
                                            Notes (for any reason other than as a result of an acceleration of the Convertible Notes
                                            that results in an Additional Termination Event pursuant to Section 9(h)(ii)), or (iv) any
                                            Convertible Notes are exchanged by or for the benefit of the “Holders” (as defined
                                            in the Indenture) thereof for any other securities of Counterparty or any of its subsidiaries
                                            (or any other property, or any combination thereof) pursuant to any exchange offer or similar
                                            transaction. For the avoidance of doubt, any conversion of Convertible Notes (whether into
                                            cash, Shares, “Reference Property” (as defined in the Indenture) or any combination
                                            thereof) pursuant to the terms of the Indenture shall not constitute a Repayment Event.

 

 

18
Insert for Additional Call Option Confirmation.

19
Insert for Additional Call Option Confirmation.

 

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		(i)	Amendments to Equity Definitions.

 

		(i)	Section 11.2(e)(v) of the Equity
                                            Definitions is hereby amended by adding the phrase “; provided that, notwithstanding
                                            this Section 11.2(e)(v), the parties hereto agree that, with respect to the Transaction,
                                            the following repurchases of Shares by the Issuer shall not be considered Potential Adjustment
                                            Events: any (1) open market Share repurchase at prevailing market prices, (2) Share
                                            repurchase through a dealer pursuant to accelerated share repurchases, forward contracts
                                            or similar transactions that is entered into at prevailing market prices and in accordance
                                            with customary market terms for transactions of such type to repurchase the Shares (including,
                                            without limitation, any discount to average VWAP prices), (3) any reacquisition of Shares
                                            pursuant to Counterparty’s employee incentive plans in connection with the related
                                            equity transactions, or Counterparty’s withholding of Shares to cover tax liabilities
                                            associated with such equity transactions, so long as, in the case of each of clause (1) and
                                            clause (2), such repurchase or transaction would not exceed 20% of the number of Shares outstanding
                                            as of the Trade Date, as determined by the Calculation Agent” at the end of such Section.

 

		(ii)	Section 11.2(e)(vii) of the Equity
                                            Definitions is hereby amended by deleting the words “a diluting or concentrative”
                                            and replacing them with the words “a material” and adding the phrase “or
                                            the Options, as a result of a corporate event involving the Issuer” at the end of the
                                            sentence.

 

		(iii)	Section 12.1(d) of the Equity
                                            Definitions is hereby amended by replacing “10%” with “20%” in the
                                            third line thereof and by replacing all references to “voting shares” therein
                                            with “Shares”.

 

		(iv)	Section 12.6(a)(ii) of the Equity
                                            Definitions is hereby amended by (1) inserting “(1)” immediately following
                                            the word “means” in the first line thereof and (2) inserting immediately
                                            prior to the semi-colon at the end of subsection (B) thereof the following words: “or
                                            (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through
                                            (9) of the ISDA Master Agreement with respect to that Issuer”.

 

    24

     

    

 

 

		(v)	Section 12.9(b)(i) of the Equity
                                            Definitions is hereby amended by replacing “either party may elect” with “Dealer
                                            may elect or, if Counterparty represents to Dealer in writing at the time of such election
                                            that (i) it is not aware of any material nonpublic information with respect to Counterparty
                                            or the Shares and (ii) it is not making such election as part of a plan or scheme to
                                            evade compliance with the U.S. federal securities laws, Counterparty may elect.”

 

		(vi)	Section 12.9(b)(vi) of the Equity
                                            Definitions is hereby amended by adding the phrase “, provided that
                                            in connection with any election by the Non-Hedging Party to terminate the Transaction, it
                                            acknowledges to Dealer, as of the date of such election, its responsibilities under applicable
                                            securities laws, and in particular Section 9 and Section 10(b) of the Exchange
                                            Act and the rules and regulations thereunder” at the end of subsection (C).

 

		(j)	No Netting or Set-off. The
                                            provisions of Section 2(c) of the Agreement shall not apply to the Transaction.
                                            Each party waives any and all rights it may have to set-off delivery or payment obligations
                                            it owes to the other party under the Transaction against any delivery or payment obligations
                                            owed to it by the other party under any other agreement between the parties hereto, by operation
                                            of law or otherwise.

 

		(k)	Alternative Calculations and Payment
                                            on Early Termination and on Certain Extraordinary Events. If (a) an Early Termination
                                            Date (whether as a result of an Event of Default or a Termination Event) occurs or is designated
                                            with respect to the Transaction or (b) the Transaction is cancelled or terminated upon
                                            the occurrence of an Extraordinary Event (except as a result of (i) a Nationalization, Insolvency
                                            or Merger Event in which the consideration to be paid to holders of Shares consists solely
                                            of cash, (ii) an Announcement Event, Merger Event or Tender Offer that is within Counterparty’s
                                            control, or (iii) an Event of Default in which Counterparty is the Defaulting Party
                                            or a Termination Event in which Counterparty is the Affected Party other than an Event of
                                            Default of the type described in Section 5(a)(iii), (v), (vi), (vii) or (viii) of
                                            the Agreement or a Termination Event of the type described in Section 5(b) of the
                                            Agreement, in each case that resulted from an event or events outside Counterparty’s
                                            control), and if Dealer would owe any amount to Counterparty pursuant to Section 6(d)(ii) of
                                            the Agreement or any Cancellation Amount pursuant to Article 12 of the Equity Definitions
                                            (any such amount, a “Payment Obligation”), then Dealer shall satisfy the
                                            Payment Obligation by the Share Termination Alternative (as defined below), unless (a) Counterparty
                                            gives irrevocable telephonic notice to Dealer, confirmed in writing within one Scheduled
                                            Trading Day, no later than 5:00 p.m. (New York City time) on the date of the Announcement
                                            Event, Merger Date, Tender Offer Date, Announcement Date (in the case of a Nationalization, Insolvency
                                            or Delisting), Early Termination Date or date of cancellation, as applicable, of its election
                                            that the Share Termination Alternative shall not apply and (b) Counterparty remakes
                                            the representation set forth in Section 8(f) as of the date of such election.

 

	 	Share Termination Alternative:	If applicable, Dealer shall deliver
                                            to Counterparty the Share Termination Delivery Property on, or within a commercially reasonable
                                            period of time after, the date when the relevant Payment Obligation would otherwise be due
                                            pursuant to Section 12.7 or 12.9 of the Equity Definitions or Section 6(d)(ii) and
                                            6(e) of the Agreement, as applicable, in satisfaction of such Payment Obligation in
                                            the manner reasonably requested by Counterparty free of payment.

                                                              

	 	Share Termination Delivery Property:	A number of Share Termination Delivery Units, as calculated by the Calculation
                       Agent, equal to the Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall
                       adjust the Share Termination Delivery Property by replacing any fractional portion of a security therein with
                       an amount of cash equal to the value of such fractional security based on the values used to calculate the Share
                       Termination Unit Price.

 

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	 	Share Termination Unit Price:	The value of property contained
                                            in one Share Termination Delivery Unit, as determined by the Calculation Agent in its discretion
                                            by commercially reasonable means and notified by the Calculation Agent to Dealer at the time
                                            of notification of the Payment Obligation. For the avoidance of doubt, the parties agree
                                            that in determining the Share Termination Delivery Unit Price the Calculation Agent may consider
                                            the purchase price paid in connection with the purchase of Share Termination Delivery Property.

                                                             

	 	Share Termination Delivery Unit:	One Share or, if the Shares have changed
                                            into cash or any other property or the right to receive cash or any other property as the
                                            result of a Nationalization, Insolvency or Merger Event (any such cash or other property,
                                            the “Exchange Property”), a unit consisting of the type and amount of
                                            such Exchange Property received by a holder of one Share (without consideration of any requirement
                                            to pay cash or other consideration in lieu of fractional amounts of any securities) in such
                                            Nationalization, Insolvency or Merger Event, as determined by the Calculation Agent.

                                                    

	 	Failure to Deliver:	Applicable

                                                                                 

	 	Other applicable provisions:	If Share Termination Alternative is applicable, the provisions of Sections 9.8, 9.9 and
                9.11 (as modified above) of the Equity Definitions and the provisions set forth opposite the caption “Representation
                and Agreement” in Section 2 will be applicable, except that all references in such provisions to “Physically-settled”
                shall be read as references to “Share Termination Settled” and all references to “Shares” shall
                be read as references to “Share Termination Delivery Units”. “Share Termination Settled” in relation
                to the Transaction means that Share Termination Alternative is applicable to the Transaction.

 

		(l)	Waiver of Jury Trial. Each
                                            party waives, to the fullest extent permitted by applicable law, any right it may have to
                                            a trial by jury in respect of any suit, action or proceeding relating to the Transaction.
                                            Each party (i) certifies that no representative, agent or attorney of either party has
                                            represented, expressly or otherwise, that such other party would not, in the event of such
                                            a suit, action or proceeding, seek to enforce the foregoing waiver and (ii) acknowledges
                                            that it and the other party have been induced to enter into the Transaction, as applicable,
                                            by, among other things, the mutual waivers and certifications provided herein.

 

		(m)	Registration. Counterparty
                                            hereby agrees that if, in the good faith reasonable judgment of Dealer, based on the advice
                                            of counsel, the Shares (“Hedge Shares”) acquired by Dealer for the purpose
                                            of hedging its obligations pursuant to the Transaction cannot be sold in the public market
                                            by Dealer without registration under the Securities Act, Counterparty shall, at its election,
                                            either (i) in order to allow Dealer to sell the Hedge Shares in a registered offering,
                                            make available to Dealer an effective registration statement under the Securities Act and
                                            enter into an agreement, in form and substance satisfactory to Dealer, substantially in the
                                            form of an underwriting agreement for a registered secondary offering of similar size; provided,
                                            however, that if Dealer, in its sole reasonable discretion, is not satisfied with access
                                            to due diligence materials, the results of its due diligence investigation, or the procedures
                                            and documentation for the registered offering referred to above, then clause (ii) or
                                            clause (iii) of this paragraph shall apply at the election of Counterparty, (ii) in
                                            order to allow Dealer to sell the Hedge Shares in a private placement, Counterparty will
                                            use its best efforts to enter into a private placement agreement substantially similar to
                                            private placement purchase agreements customary for private placements of equity securities
                                            of similar size, in form and substance satisfactory to Dealer (in which case, the Calculation
                                            Agent shall make any adjustments to the terms of the Transaction that are necessary, in its
                                            reasonable judgment, to compensate Dealer for any discount from the public market price of
                                            the Shares incurred on the sale of Hedge Shares in a private placement of similar size),
                                            or (iii) purchase the Hedge Shares from Dealer at the then-current market price on such
                                            Exchange Business Days, and in the amounts and at such time(s), requested by Dealer.

 

    26

     

    

 

		(n)	Tax Disclosure. Effective
                                            from the date of commencement of discussions concerning the Transaction, Counterparty and
                                            each of its employees, representatives, or other agents may disclose to any and all persons,
                                            without limitation of any kind, the tax treatment and tax structure of the Transaction and
                                            all materials of any kind (including opinions or other tax analyses) that are provided to
                                            Counterparty relating to such tax treatment and tax structure.

 

		(o)	Right to Extend. Dealer
                                            may postpone or add, in whole or in part, any Valid Day or Valid Days during the Settlement
                                            Averaging Period or any other date of valuation, payment or delivery by Dealer, with respect
                                            to some or all of the Options hereunder, if Dealer reasonably determines, in its discretion,
                                            based on the advice of counsel in the case of clause (ii) below, that such action is
                                            reasonably necessary or appropriate (i) to preserve Dealer’s hedging or hedge
                                            unwind activity hereunder in light of existing liquidity conditions (but only if there is
                                            a material decrease in liquidity relative to Dealer’s expectations on the Trade Date)
                                            or (ii) to enable Dealer to effect purchases of Shares in connection with its hedging,
                                            hedge unwind or settlement activity hereunder in a manner that would, if Dealer were Counterparty
                                            or an affiliated purchaser of Counterparty, be in compliance with applicable legal, regulatory
                                            or self-regulatory requirements, or with related policies and procedures applicable to Dealer;
                                            provided that (x) such policies and procedures have been adopted by Dealer in
                                            good faith and are generally applicable in similar situations and applied in a non-discriminatory
                                            manner and (y) each postponement or addition hereunder as a result of any self-regulatory
                                            requirements, policies or procedures described in clause (ii) above shall be effected
                                            in respect of a whole date only; provided further that no such Valid Day or other
                                            date of valuation, payment or delivery may be postponed or added more than 40 Valid Days
                                            after the original Valid Day or other date of valuation, payment or delivery, as the case
                                            may be.

 

		(p)	Status of Claims in Bankruptcy.
                                            Dealer acknowledges and agrees that this Confirmation is not intended to convey to Dealer
                                            rights against Counterparty with respect to the Transaction that are senior to the claims
                                            of common stockholders of Counterparty in any United States bankruptcy proceedings of Counterparty;
                                            provided that nothing herein shall limit or shall be deemed to limit Dealer’s
                                            right to pursue remedies in the event of a breach by Counterparty of its obligations and
                                            agreements with respect to the Transaction; provided, further that nothing
                                            herein shall limit or shall be deemed to limit Dealer’s rights in respect of any transactions
                                            other than the Transaction.

 

		(q)	Securities Contract; Swap Agreement.
                                            The parties hereto intend for (i) the Transaction to be a “securities contract”
                                            and a “swap agreement” as defined in the Bankruptcy Code, and the parties hereto
                                            to be entitled to the protections afforded by, among other Sections, Sections 362(b)(6),
                                            362(b)(17), 546(e), 546(g), 555 and 560 of the Bankruptcy Code, (ii) a party’s
                                            right to liquidate the Transaction and to exercise any other remedies upon the occurrence
                                            of any Event of Default under the Agreement with respect to the other party to constitute
                                            a “contractual right” as described in the Bankruptcy Code, and (iii) each
                                            payment and delivery of cash, securities or other property hereunder to constitute a “margin
                                            payment” or “settlement payment” and a “transfer” as defined
                                            in the Bankruptcy Code.

 

    27

     

    

 

		(r)	Notice of Certain Other Events.
                                            Counterparty covenants and agrees that:

 

		(i)	promptly following the public announcement
                                            of the results of any election by the holders of Shares with respect to the consideration
                                            due upon consummation of any Merger Event, Counterparty shall give Dealer written notice
                                            of the weighted average of the types and amounts of consideration received by holders of
                                            Shares upon consummation of such Merger Event (the date of such notification, the “Consideration
                                            Notification Date”); provided that in no event shall the Consideration Notification
                                            Date be later than the date on which such Merger Event is consummated; and

 

		(ii)	(A) Counterparty shall give Dealer
                                            commercially reasonable advance (but in any event at least one Exchange Business Day prior
                                            to the relevant Adjustment Notice Deadline) written notice of the section or sections of
                                            the Indenture and, if applicable, the formula therein, pursuant to which any adjustment will
                                            be made to the Convertible Notes in connection with any Potential Adjustment Event (other
                                            than a Potential Adjustment in respect of the Dilution Adjustment Provisions set forth in
                                            Section 5.05(A)(ii) or Section 5.05(A)(iv) of the Indenture) or Merger
                                            Event and (B) promptly following any such adjustment, Counterparty shall give Dealer
                                            written notice of the details of such adjustment. The “Adjustment Notice Deadline”
                                            means (i) for any Potential Adjustment in respect of the Dilution Adjustment Provision
                                            set forth in Section 5.05(A)(i) of the Indenture, the relevant Ex-Dividend Date
                                            (as such term is defined in the Indenture) or Effective Date (as such term is defined in
                                            the Indenture), as the case may be, (ii) for any Potential Adjustment in respect of
                                            the Dilution Adjustment Provision in the first formula set forth in Section 5.05(A)(iii) of
                                            the Indenture, the first Trading Day (as such term is defined in the Indenture) of the period
                                            referred to in the definition of “SP” in such formula, (iii) for any Potential
                                            Adjustment in respect of the Dilution Adjustment Provision in the second formula set forth
                                            in Section 5.05(A)(iii) of the Indenture, the first Trading Day (as such term is
                                            defined in the Indenture) of the Spin-Off Valuation Period (as such term is defined in the
                                            Indenture), (iv) for any Potential Adjustment in respect of the Dilution Adjustment
                                            Provision set forth in Section 5.05(A)(v) of the Indenture, the first Trading Day
                                            (as such term is defined in the Indenture) of the period referred to in the definition of
                                            “SP’” in the formula in such Section, and (v) for any Merger Event,
                                            the effective date of such Merger Event (or, if earlier, the first day of any valuation or
                                            similar period in respect of such Merger Event).

 

		(s)	Wall Street Transparency and Accountability
                                            Act. In connection with Section 739 of the Wall Street Transparency and Accountability
                                            Act of 2010 (“WSTAA”), the parties hereby agree that neither the enactment
                                            of WSTAA or any regulation under the WSTAA, nor any requirement under WSTAA or an amendment
                                            made by WSTAA, shall limit or otherwise impair either party’s otherwise applicable
                                            rights to terminate, renegotiate, modify, amend or supplement this Confirmation or the Agreement,
                                            as applicable, arising from a termination event, force majeure, illegality, increased costs,
                                            regulatory change or similar event under this Confirmation, the Equity Definitions incorporated
                                            herein, or the Agreement (including, but not limited to, rights arising from Change in Law,
                                            Hedging Disruption, Increased Cost of Hedging, an Excess Ownership Position, or Illegality
                                            (as defined in the Agreement)).

 

		(t)	Agreements and Acknowledgements
                                            Regarding Hedging. Counterparty understands, acknowledges and agrees that: (A) at
                                            any time on and prior to the Expiration Date, Dealer and its affiliates may buy or sell Shares
                                            or other securities or buy or sell options or futures contracts or enter into swaps or other
                                            derivative securities in order to adjust its hedge position with respect to the Transaction;
                                            (B) Dealer and its affiliates also may be active in the market for Shares other than
                                            in connection with hedging activities in relation to the Transaction; (C) Dealer shall
                                            make its own determination as to whether, when or in what manner any hedging or market activities
                                            in securities of Issuer shall be conducted and shall do so in a manner that it deems appropriate
                                            to hedge its price and market risk with respect to the Relevant Prices; and (D) any
                                            market activities of Dealer and its affiliates with respect to Shares may affect the market
                                            price and volatility of Shares, as well as the Relevant Prices, each in a manner that may
                                            be adverse to Counterparty.

 

    28

     

    

 

		(u)	Early Unwind. In the event
                                            the sale of the [“Initial Securities”][“Option Securities”] (as defined
                                            in the Purchase Agreement (the “Purchase Agreement”) dated as of June [__],
                                            2021, among Counterparty and Goldman Sachs & Co. and BofA Securities, Inc.,
                                            as representatives of the Initial Purchasers party thereto (the “Initial Purchasers”))
                                            is not consummated with the Initial Purchasers for any reason, or Counterparty fails to deliver
                                            to Dealer opinions of counsel as required pursuant to Section 9(a), in each case by
                                            5:00 p.m. (New York City time) on the Premium Payment Date, or such later date as agreed
                                            upon by the parties (the Premium Payment Date or such later date the “Early Unwind
                                            Date”), the Transaction shall automatically terminate (the “Early Unwind”),
                                            on the Early Unwind Date and (i) the Transaction and all of the respective rights and
                                            obligations of Dealer and Counterparty under the Transaction shall be cancelled and terminated
                                            and (ii) each party shall be released and discharged by the other party from and agrees
                                            not to make any claim against the other party with respect to any obligations or liabilities
                                            of the other party arising out of and to be performed in connection with the Transaction
                                            either prior to or after the Early Unwind Date. Each of Dealer and Counterparty represents
                                            and acknowledges to the other that, upon an Early Unwind, all obligations with respect to
                                            the Transaction shall be deemed fully and finally discharged.

 

		(v)	Payment by Counterparty.
                                            In the event that, following payment of the Premium, (i) an Early Termination Date occurs
                                            or is designated with respect to the Transaction as a result of a Termination Event or an
                                            Event of Default (other than an Event of Default arising under Section 5(a)(ii) or
                                            5(a)(iv) of the Agreement) and, as a result, Counterparty owes to Dealer an amount calculated
                                            under Section 6(e) of the Agreement, or (ii) Counterparty owes to Dealer,
                                            pursuant to Section 12.7 or Section 12.9 of the Equity Definitions, an amount calculated
                                            under Section 12.8 of the Equity Definitions, such amount shall be deemed to be zero.

 

		(w)	Other Adjustments Pursuant to the
                                            Equity Definitions. Notwithstanding anything to the contrary in this Confirmation,
                                            solely for the purpose of adjusting the Cap Price, the terms “Potential Adjustment
                                            Event,” “Merger Event” and “Tender Offer” shall each have the
                                            meanings assigned to such term in the Equity Definitions (as amended by Section 9(i) above),
                                            and upon the occurrence of a Merger Date, the occurrence of a Tender Offer Date, or declaration
                                            by Counterparty of the terms of any Potential Adjustment Event, respectively, as such terms
                                            are defined in the Equity Definitions, the Calculation Agent shall determine whether such
                                            occurrence or declaration, as applicable, has had a material economic effect on the Transaction
                                            and, if so, shall, adjust the Cap Price to preserve the fair value of the Options (taking
                                            into account, for the avoidance of doubt, such economic effect on both the Strike Price and
                                            Cap Price); provided that in no event shall the Cap Price be less than the Strike
                                            Price; provided, further that solely in the case of a Potential Adjustment Event pursuant
                                            Section 11.2(e)(i), (ii)(A) or (iv), no adjustments will be made to account solely
                                            for changes in volatility, expected dividends, stock loan rate or liquidity relative to the
                                            relevant Shares.

 

		(x)	Tax Matters.

 

		(i)	Withholding Tax Imposed on Payments to
                                            Non-U.S. Counterparties under the United States Foreign Account Tax Compliance Provisions
                                            of the HIRE Act. “Indemnifiable Tax,” as defined in Section 14
                                            of the Agreement, shall not include any U.S. federal withholding tax imposed or collected
                                            pursuant to Sections 1471 through 1474 of the Code, any current or future regulations or
                                            official interpretations thereof, any agreement entered into pursuant to Section 1471(b) of
                                            the Code, or any fiscal or regulatory legislation, rules or practices adopted pursuant
                                            to any intergovernmental agreement entered into in connection with the implementation of
                                            such Sections of the Code (a “FATCA Withholding Tax”). For the avoidance
                                            of doubt, a FATCA Withholding Tax is a Tax the deduction or withholding of which is required
                                            by applicable law for the purposes of Section 2(d) of the Agreement.

 

		(ii)	HIRE Act. To the extent that either
                                            party to the Agreement with respect to this Transaction is not an adhering party to the ISDA
                                            2015 Section 871(m) Protocol published by the International Swaps and Derivatives
                                            Association, Inc. on November 2, 2015 and available at www.isda.org, as may be
                                            amended, supplemented, replaced or superseded from time to time (the “871(m) Protocol”),
                                            the parties agree that the provisions and amendments contained in the Attachment to the 871(m) Protocol
                                            are incorporated into and apply to the Agreement with respect to this Transaction as if set
                                            forth in full herein. The parties further agree that, solely for purposes of applying such
                                            provisions and amendments to the Agreement with respect to this Transaction, references to
                                            “each Covered Master Agreement” in the 871(m) Protocol will be deemed to
                                            be references to the Agreement with respect to this Transaction, and references to the “Implementation
                                            Date” in the 871(m) Protocol will be deemed to be references to the Trade Date
                                            of this Transaction.

 

    29

     

    

 

		(iii)	Tax Documentation. For the purpose
                                            of Sections 4(a)(i) and 4(a)(ii) of the Agreement, Dealer shall provide to Counterparty
                                            a valid U.S. Internal Revenue Service Form [W-9]20,
                                            or any successor thereto, and Counterparty shall provide to Dealer a valid U.S. Internal
                                            Revenue Service Form W-9, or any successor thereto, or if Counterparty is an entity
                                            disregarded as separate from its owner for U.S. federal income tax purposes, Counterparty
                                            agrees to deliver or cause to be delivered a valid U.S. Internal Revenue Service Form W-9,
                                            or any successor thereto, of such owner. In each case, such tax form shall be completed accurately
                                            and in a manner reasonably acceptable to the other party and shall be delivered (i) on
                                            or before the date of execution of this Confirmation and (ii) promptly upon learning
                                            that any such tax form previously provided by it has become obsolete or incorrect. Additionally,
                                            each party shall, promptly upon request by the other party, provide such other tax forms
                                            and documents reasonably requested by the other party.

 

		(iv)	Payor Tax Representations. For the
                                            purpose of Section 3(e) of the Agreement, each party makes the following representation:
                                            It is not required by any applicable law, as modified by the practice of any relevant governmental
                                            revenue authority, of any Relevant Jurisdiction to make any deduction or withholding for
                                            or on account of any Tax from any payment (other than interest under Section 9(h) of
                                            the Agreement or amounts payable hereunder that are considered to be interest for U.S. federal
                                            income tax purposes) to be made by it to the other party under the Agreement. In making this
                                            representation, it may rely on (i) the accuracy of any representations made by the other
                                            party pursuant to Section 9(x)(v) of this Confirmation, (ii) the satisfaction
                                            of the agreement contained in Section 4(a)(i) or 4(a)(iii) of the Agreement
                                            and the accuracy and effectiveness of any document provided by the other party pursuant to
                                            Section 4(a)(i) or 4(a)(iii) of the Agreement, (iii) the satisfaction
                                            of the agreement of the other party contained in Section 9(x)(v)(C) of this Confirmation
                                            and (iv) the documentation provided by the other party pursuant to Section 9(x)(iii) of
                                            this Confirmation, except that it will not be a breach of this representation where reliance
                                            is placed on clause (ii) above and the other party does not deliver a form or document
                                            under Section 4(a)(iii) of the Agreement by reason of material prejudice to its
                                            legal or commercial position.

 

		(v)	Payee Tax Representations.

 

		(A)	Counterparty is (i)(x) a “U.S.
                                            person” (as that term is used in section 1.1441-4(a)(3)(ii) of the United States
                                            Treasury Regulations) for U.S. federal income tax purposes and (y) an exempt recipient
                                            under United States Treasury Regulation Section 1.6049-4(c)(1)(ii) or (ii) disregarded
                                            as an entity separate from its owner for U.S. federal income tax purposes. For the avoidance
                                            of doubt, if Counterparty is or becomes a disregarded entity for U.S. federal income tax
                                            purposes, as described in clause (ii) of the preceding sentence, the representations
                                            contained in clause (i) of the preceding sentence shall be deemed to be made in respect
                                            of such owner.

 

		(B)	[Dealer is a “U.S. person”
                                            (as that term is used in section 1.1441-4(a)(3)(ii) of the United States Treasury Regulations)
                                            for U.S. federal income tax purposes and an exempt recipient under United States Treasury
                                            Regulation Section 1.6049-4(c)(1)(ii).]21

 

		(C)	Each party agrees to give notice of any
                                            failure of a representation made by it under this Section 9(x)(v) to be accurate
                                            and true promptly upon learning of such failure

 

 

20
To be modified for Dealers as appropriate.

21
To be modified for Dealers as appropriate.

 

    30

     

    

 

		(y)	Counterparts. This Confirmation
                                            may be executed in several counterparts, each of which shall be deemed an original but all
                                            of which together shall constitute one and the same instrument. Delivery of an executed signature
                                            page by facsimile or electronic transmission (e.g. “pdf” or “tif”),
                                            or any electronic signature complying with the U.S. federal ESIGN Act of 2000, Uniform Electronic
                                            Transactions Act or other applicable law, e.g., www.docusign.com, shall be effective as delivery
                                            of a manually executed counterpart hereof.

 

		(z)	[Conduct Rules. Each of
                                            Dealer and Counterparty acknowledges and agrees to be bound by the Conduct Rules of
                                            the Financial Industry Regulatory Authority, Inc. applicable to transactions in options,
                                            and further agrees not to violate the position and exercise limits set forth therein.

 

		(aa)	Risk Disclosure Statement.
                                            Counterparty represents and warrants that it has received, read and understands the OTC Options
                                            Risk Disclosure Statement and a copy of the most recent disclosure pamphlet prepared by The
                                            Options Clearing Corporation entitled “Characteristics and Risks of Standardized Options”.]22

 

		(bb)	[Insert any Dealer Agency Language][Reserved].

 

		(cc)	[U.S. Resolution Stay Protocol.
                                            The parties acknowledge and agree that (i) to the extent that prior to the date hereof
                                            both parties have adhered to the 2018 ISDA U.S. Resolution Stay Protocol (the “Protocol”),
                                            the terms of the Protocol are incorporated into and form a part of the Agreement, and for
                                            such purposes the Agreement shall be deemed a Protocol Covered Agreement, Dealer shall be
                                            deemed a Regulated Entity and Counterparty shall be deemed an Adhering Party; (ii) to
                                            the extent that prior to the date hereof the parties have executed a separate agreement the
                                            effect of which is to amend the qualified financial contracts between them to conform with
                                            the requirements of the QFC Stay Rules (the “Bilateral Agreement”),
                                            the terms of the Bilateral Agreement are incorporated into and form a part of the Agreement,
                                            and for such purposes the Agreement shall be deemed a Covered Agreement, Dealer shall be
                                            deemed a Covered Entity and Counterparty shall be deemed a Counterparty Entity; or (iii) if
                                            clause (i) and clause (ii) do not apply, the terms of Section 1 and Section 2
                                            and the related defined terms (together, the “Bilateral Terms”) of the
                                            form of bilateral template entitled “Full-Length Omnibus (for use between U.S. G-SIBs
                                            and Corporate Groups)” published by ISDA on November 2, 2018 (currently available
                                            on the 2018 ISDA U.S. Resolution Stay Protocol page at www.isda.org and, a copy of which
                                            is available upon request), the effect of which is to amend the qualified financial contracts
                                            between the parties thereto to conform with the requirements of the QFC Stay Rules, are hereby
                                            incorporated into and form a part of the Agreement, and for such purposes the Agreement shall
                                            be deemed a “Covered Agreement,” Dealer shall be deemed a “Covered Entity”
                                            and Counterparty shall be deemed a “Counterparty Entity.” In the event that,
                                            after the date of the Agreement, both parties hereto become adhering parties to the Protocol,
                                            the terms of the Protocol will replace the terms of this paragraph. In the event of any inconsistencies
                                            between the Agreement and the terms of the Protocol, the Bilateral Agreement or the Bilateral
                                            Terms (each, the “QFC Stay Terms”), as applicable, the QFC Stay Terms
                                            will govern. Terms used in this paragraph without definition shall have the meanings assigned
                                            to them under the QFC Stay Rules. For purposes of this paragraph, references to “the
                                            Agreement” include any related credit enhancements entered into between the parties
                                            or provided by one to the other. In addition, the parties agree that the terms of this paragraph
                                            shall be incorporated into any related covered affiliate credit enhancements, with all references
                                            to Dealer replaced by references to the covered affiliate support provider. “QFC
                                            Stay Rules” means the regulations codified at 12 C.F.R. 252.2, 252.81–8,
                                            12 C.F.R. 382.1-7 and 12 C.F.R. 47.1-8, which, subject to limited exceptions, require an
                                            express recognition of the stay-and-transfer powers of the FDIC under the Federal Deposit
                                            Insurance Act and the Orderly Liquidation Authority under Title II of the Dodd Frank Wall
                                            Street Reform and Consumer Protection Act and the override of default rights related directly
                                            or indirectly to the entry of an affiliate into certain insolvency proceedings and any restrictions
                                            on the transfer of any covered affiliate credit enhancements.]23

 

		(dd)	[Insert Other Regulatory Boilerplate]
	 	 	 

 

22
Insert if applicable.

23
Update as necessary.

 

 

    31

     

    

 

Please confirm that the foregoing
correctly sets forth the terms of our agreement by executing this Confirmation and returning it to Dealer.

 

Very truly yours,

 

	 	[DEALER] 
	 	 
	 	 
	 	By:	           
	 	Authorized Signatory
	 	Name:	 

 

Accepted and confirmed

as of the Trade Date:

 

	BENTLEY SYSTEMS, INCORPORATED
	 
	 
	By:	                  	 
	Name:	 	 
	Title:	 	 

 

[Signature Page to [Base][Additional]
Capped Call Confirmation]EX-10.1

 Exhibit 10.1 

Execution Version 
  

 
  

Published CUSIP Numbers: 88873CAS1 

88873CAT9 
 2026 REVOLVING CREDIT
AGREEMENT 
 Dated as of June 25, 2021, 

among 
 THE TJX COMPANIES,
INC., 
 as the Borrower, 

THE FINANCIAL INSTITUTIONS NAMED HEREIN, 

as the Lenders, 
 U.S. BANK
NATIONAL ASSOCIATION, 
 as Administrative Agent, 

HSBC BANK USA, NATIONAL ASSOCIATION, 

and 
 WELLS FARGO BANK, NATIONAL
ASSOCIATION, 
 as Co-Syndication Agents, 

and 
 BANK OF AMERICA, N.A.,

 DEUTSCHE BANK SECURITIES INC., 

and 
 JPMORGAN CHASE BANK,
N.A., 
 as Co-Documentation Agents 

 
  

 
 U.S. BANK NATIONAL ASSOCIATION,

 as Left Lead Arranger & Bookrunner, 

HSBC BANK USA, NATIONAL ASSOCIATION, 

WELLS FARGO SECURITIES, LLC, 

BOFA SECURITIES, INC., 

DEUTSCHE BANK SECURITIES INC. 

and 
 JPMORGAN CHASE BANK,
N.A., 
 as Lead Arrangers and Bookrunners 
  

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	 ARTICLE I
	  	     DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	 
			
	 1.01.
	  	 Defined Terms
	  	 	1	 
			
	 1.02.
	  	 Other Interpretive Provisions
	  	 	30	 
			
	 1.03.
	  	 Accounting Terms
	  	 	31	 
			
	 1.04.
	  	 Rounding
	  	 	31	 
			
	 1.05.
	  	 Times of Day
	  	 	31	 
			
	 1.06.
	  	 Letter of Credit Amounts
	  	 	31	 
			
	 1.07.
	  	 Divisions
	  	 	32	 
			
	 1.08.
	  	 LIBOR Notification
	  	 	32	 
			
	 ARTICLE II
	  	     THE COMMITMENTS AND CREDIT EXTENSIONS
	  	 	32	 
			
	 2.01.
	  	 Revolving Loans
	  	 	32	 
			
	 2.02.
	  	 Borrowings, Conversions and Continuations of Revolving Loans
	  	 	32	 
			
	 2.03.
	  	 [Intentionally Omitted]
	  	 	34	 
			
	 2.04.
	  	 Letters of Credit
	  	 	34	 
			
	 2.05.
	  	 Swing Line Loans
	  	 	42	 
			
	 2.06.
	  	 Prepayments
	  	 	45	 
			
	 2.07.
	  	 Termination or Reduction of Commitments
	  	 	45	 
			
	 2.08.
	  	 Repayment of Loans
	  	 	46	 
			
	 2.09.
	  	 Interest
	  	 	46	 
			
	 2.10.
	  	 Fees
	  	 	47	 
			
	 2.11.
	  	 Computation of Interest and Fees
	  	 	47	 
			
	 2.12.
	  	 Evidence of Debt
	  	 	47	 
			
	 2.13.
	  	 Payments Generally; Administrative Agent’s Clawback
	  	 	48	 
			
	 2.14.
	  	 Sharing of Payments by Lenders
	  	 	50	 
			
	 2.15.
	  	 [Intentionally Omitted]
	  	 	50	 
			
	 2.16.
	  	 Increase in Commitments
	  	 	50	 
			
	 2.17.
	  	 Cash Collateral
	  	 	51	 
			
	 2.18.
	  	 Defaulting Lenders
	  	 	52	 
			
	 2.19.
	  	 Extension of Maturity Date
	  	 	54	 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
	 ARTICLE III
	  	     TAXES, YIELD PROTECTION AND ILLEGALITY
	  	 	56	 
			
	 3.01.
	  	 Taxes
	  	 	56	 
			
	 3.02.
	  	 Illegality
	  	 	60	 
			
	 3.03.
	  	 Availability of Types of Borrowings; Adequacy of Interest Rate
	  	 	60	 
			
	 3.04.
	  	 Increased Costs
	  	 	63	 
			
	 3.05.
	  	 Compensation for Losses
	  	 	64	 
			
	 3.06.
	  	 Mitigation Obligations; Replacement of Lenders
	  	 	64	 
			
	 3.07.
	  	 Survival
	  	 	65	 
			
	 ARTICLE IV
	  	     CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	  	 	65	 
			
	 4.01.
	  	 Conditions of Effectiveness of Agreement
	  	 	65	 
			
	 4.02.
	  	 Conditions to all Credit Extensions
	  	 	66	 
			
	 ARTICLE V
	  	     REPRESENTATIONS AND WARRANTIES
	  	 	67	 
			
	 5.01.
	  	 Existence and Standing
	  	 	67	 
			
	 5.02.
	  	 Authorization and Validity
	  	 	67	 
			
	 5.03.
	  	 No Conflict, Government Consent
	  	 	68	 
			
	 5.04.
	  	 Financial Statements
	  	 	68	 
			
	 5.05.
	  	 No Material Adverse Effect
	  	 	68	 
			
	 5.06.
	  	 Taxes
	  	 	68	 
			
	 5.07.
	  	 Litigation
	  	 	69	 
			
	 5.08.
	  	 Subsidiaries
	  	 	69	 
			
	 5.09.
	  	 ERISA Compliance
	  	 	69	 
			
	 5.10.
	  	 Accuracy of Information
	  	 	70	 
			
	 5.11.
	  	 Regulations T, U and X
	  	 	70	 
			
	 5.12.
	  	 Compliance with Laws
	  	 	70	 
			
	 5.13.
	  	 Ownership of Property
	  	 	70	 
			
	 5.14.
	  	 Labor Matters
	  	 	71	 
			
	 5.15.
	  	 Investment Company Act
	  	 	71	 
			
	 5.16.
	  	 Insurance
	  	 	71	 
			
	 5.17.
	  	 Anti-Corruption Laws; Sanctions; Anti-Terrorism Laws
	  	 	71	 
			
	 5.18.
	  	 Affected Financial Institution
	  	 	71	 

  
 -ii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
	 ARTICLE VI
	  	     AFFIRMATIVE COVENANTS
	  	 	71	 
			
	 6.01.
	  	 Financial Reporting
	  	 	71	 
	 6.02.
	  	 Use of Proceeds
	  	 	74	 
			
	 6.03.
	  	 Other Notices
	  	 	74	 
			
	 6.04.
	  	 Conduct of Business
	  	 	74	 
			
	 6.05.
	  	 Taxes
	  	 	75	 
			
	 6.06.
	  	 Insurance
	  	 	75	 
			
	 6.07.
	  	 Compliance with Laws
	  	 	75	 
			
	 6.08.
	  	 Anti-Corruption and Sanctions
	  	 	75	 
			
	 6.09.
	  	 Maintenance of Properties
	  	 	75	 
			
	 6.10.
	  	 Inspection
	  	 	76	 
			
	 6.11.
	  	 Anti-Money Laundering Compliance
	  	 	76	 
			
	 ARTICLE VII
	  	    NEGATIVE COVENANTS	  	 	76	 
			
	 7.01.
	  	 Fundamental Changes
	  	 	76	 
			
	 7.02.
	  	 Liens
	  	 	77	 
			
	 7.03.
	  	 Anti-Corruption Laws; Sanctions
	  	 	80	 
			
	 7.04.
	  	 Maximum Leverage Ratio
	  	 	80	 
			
	 ARTICLE VIII
	  	    EVENTS OF DEFAULT AND REMEDIES	  	 	80	 
			
	 8.01.
	  	 Events of Default
	  	 	80	 
			
	 8.02.
	  	 Remedies Upon Event of Default
	  	 	82	 
			
	 8.03.
	  	 Application of Funds
	  	 	83	 
			
	 ARTICLE IX
	  	    ADMINISTRATIVE AGENT	  	 	84	 
			
	 9.01.
	  	 Appointment and Authority
	  	 	84	 
			
	 9.02.
	  	 Rights as a Lender
	  	 	84	 
			
	 9.03.
	  	 Exculpatory Provisions
	  	 	84	 
			
	 9.04.
	  	 Reliance by Administrative Agent
	  	 	85	 
			
	 9.05.
	  	 Employment of Agents and Counsel
	  	 	85	 
			
	 9.06.
	  	 Delegation of Duties to Affiliates.
	  	 	86	 
			
	 9.07.
	  	 Resignation and Removal of Administrative Agent
	  	 	86	 
			
	 9.08.
	  	 Non-Reliance on Administrative Agent and Other
Lenders
	  	 	87	 
			
	 9.09.
	  	 No Other Duties, Etc.
	  	 	88	 
			
	 9.10.
	  	 Administrative Agent May File Proofs of Claim
	  	 	88	 

  
 -iii- 

 TABLE OF CONTENTS 

(continued) 
  

							
	 	  	 	  	Page	 
	 9.11.
	  	 General Immunity
	  	 	88	 
			
	 9.12.
	  	 Administrative Agent Fees
	  	 	89	 
			
	 9.13.
	  	 Erroneous Payments
	  	 	89	 
			
	 ARTICLE X
	  	    MISCELLANEOUS	  	 	90	 
			
	 10.01.
	  	 Amendments, Etc.
	  	 	90	 
			
	 10.02.
	  	 Notices; Effectiveness; Electronic Communication
	  	 	91	 
			
	 10.03.
	  	 No Waiver; Cumulative Remedies; Enforcement
	  	 	94	 
			
	 10.04.
	  	 Expenses; Indemnity; Damage Waiver
	  	 	94	 
			
	 10.05.
	  	 Payments Set Aside
	  	 	96	 
			
	 10.06.
	  	 Successors and Assigns
	  	 	97	 
			
	 10.07.
	  	 Treatment of Certain Information; Confidentiality
	  	 	101	 
			
	 10.08.
	  	 Right of Setoff
	  	 	102	 
			
	 10.09.
	  	 Interest Rate Limitation
	  	 	103	 
			
	 10.10.
	  	 Counterparts; Integration; Effectiveness
	  	 	103	 
			
	 10.11.
	  	 Survival of Representations and Warranties
	  	 	103	 
			
	 10.12.
	  	 Severability
	  	 	103	 
			
	 10.13.
	  	 Replacement of Lenders
	  	 	104	 
			
	 10.14.
	  	 Governing Law; Jurisdiction; Etc.
	  	 	105	 
			
	 10.15.
	  	 Waiver of Jury Trial
	  	 	105	 
			
	 10.16.
	  	 No Advisory or Fiduciary Responsibility
	  	 	106	 
			
	 10.17.
	  	 Electronic Execution of Assignments and Certain Other Documents
	  	 	106	 
			
	 10.18.
	  	 PATRIOT Act
	  	 	106	 
			
	 10.19.
	  	 Acknowledgement and Consent to Bail-In of Affected
Financial Institutions
	  	 	107	 
			
	 10.20.
	  	 Document Imaging; Telecopy and PDF Signatures; Electronic Signatures
	  	 	107	 
			
	 10.21.
	  	 Time of the Essence
	  	 	108	 
			
	 10.22.
	  	 Entire Agreement
	  	 	108	 

  

			
	SCHEDULES	  	
		
	Schedule 2.01	  	Commitments
	Schedule 5.08	  	Subsidiaries
	Schedule 10.02	  	Notices

  
 -iv- 

 TABLE OF CONTENTS 

(continued) 
  

			
	 EXHIBITS
	  	
		
	 Exhibit A
	  	 Form of Revolving Loan Notice

	 Exhibit B
	  	 Form of Swing Line Loan Notice

	 Exhibit C
	  	 Form of Note

	 Exhibit D
	  	 Form of Compliance Certificate

	 Exhibit E-1
	  	 Form of Assignment and Assumption

	 Exhibit E-2
	  	 Form of Administrative Questionnaire

  

  
 -v- 

 CREDIT AGREEMENT 

This 2026 REVOLVING CREDIT AGREEMENT (“Agreement”) is entered into as of June 25, 2021, among THE TJX COMPANIES,
INC., a Delaware corporation (the “Borrower”), each lender from time to time party hereto (together with their successors and permitted assigns, collectively, the “Lenders” and each, individually, a
“Lender”), U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent, Swing Line Lender and an L/C Issuer, HSBC BANK USA, NATIONAL ASSOCIATION and WELLS FARGO BANK, NATIONAL ASSOCIATION, as
Co-Syndication Agents and L/C Issuers, BANK OF AMERICA, N.A. and JPMORGAN CHASE BANK, N.A., as Co-Documentation Agents and L/C Issuers, and DEUTSCHE BANK SECURITIES
INC., as a Co-Documentation Agent and DEUTSCHE BANK AG NEW YORK BRANCH, as an L/C Issuer. 
 The
Borrower has requested that the Lenders provide a revolving credit facility, and the Lenders are willing to do so on the terms and conditions set forth herein. 

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

ARTICLE I 
 DEFINITIONS
AND ACCOUNTING TERMS 
 1.01.    Defined Terms. As used in this Agreement, the following terms shall
have the meanings set forth below: 
 “2024 Revolving Credit Agreement” means that certain 2024 Revolving Credit Agreement,
dated as of March 11, 2016, among the Borrower, U.S. Bank, as the administrative agent, and the other financial institutions signatory thereto, as amended, restated, replaced, supplemented or otherwise modified and in effect from time to time.

 “Additional Commitment Lender” has the meaning specified in Section 2.19(d). 

“Administrative Agent” means U.S. Bank in its capacity as administrative agent under any of the Loan Documents, or any
successor administrative agent. 
 “Administrative Agent’s Office” means the Administrative Agent’s address and,
as appropriate, account as set forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders. 

“Administrative Questionnaire” means an Administrative Questionnaire in substantially the form of Exhibit E-2 or any other form approved by the Administrative Agent. 
 “Affected Financial
Institution” means (a) any EEA Financial Institution or (b) any UK Financial Institution. 
 “Affiliate”
means, with respect to any Person, another Person that directly, or indirectly through one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

 “Agent Parties” has the meaning specified in
Section 10.02(c). 
 “Aggregate Commitments” means the Commitments of all the Lenders. The
initial Aggregate Commitments hereunder are One Billion and 00/100 Dollars ($1,000,000,000). 
 “Agreement” has the meaning
specified in the introductory paragraph hereto. 
 “Amended and Restated Commitment Letter” means that certain amended and
restated commitment letter, dated as of June 2, 2021, among the Borrower, the Administrative Agent, the Co-Syndication Agents, the Co-Documentation Agents and the
Lead Arrangers. 
 “Anti-Corruption Laws” means all applicable Laws of the United States, Canada and the United Kingdom
from time to time in effect relating to bribery or corruption, including but not limited to the United States Foreign Corrupt Practices Act of 1977 and the UK Bribery Act 2010. 

“Anti-Corruption Prohibited Activity” means any action that violates applicable Anti-Corruption Laws. 

“Applicable Facility Fee Rate” means, as of any date, a percentage per annum determined by reference to the Debt Rating
applicable on such date as set forth below: 
  

																					
	 	  	Level I	 	 	Level II	 	 	Level III	 	 	Level IV	 	 	Level V	 
	 Debt Ratings
	  	At Least AA-
From S&P or
Aa3 From
Moody’s	 	 	At Least A+
From S&P or
A1 From
Moody’s	 	 	At Least A
From S&P or
A2 From
Moody’s	 	 	At Least A-
From S&P or
A3 From
Moody’s	 	 	BBB+ or
Lower From
S&P or Baa1
or Lower From
Moody’s	 
	 Facility Fee
	  	 	0.05	% 	 	 	0.06	% 	 	 	0.07	% 	 	 	0.09	% 	 	 	0.125	% 

 Initially, the Applicable Facility Fee Rate shall be determined based upon the Debt Rating in effect on the Closing Date.
Thereafter, each change in the Applicable Facility Fee Rate resulting from a publicly announced change in the Debt Rating shall be effective during the period commencing on the date of the public announcement thereof and ending on the date
immediately preceding the effective date of the next such change. 
 “Applicable Margin” means, as of any date, a
percentage per annum determined by reference to the Debt Rating applicable on such date as set forth below: 
  

																					
	 	  	Level I	 	 	Level II	 	 	Level III	 	 	Level IV	 	 	Level V	 
	 Debt Ratings
	  	At Least AA-
From S&P or
Aa3 From
Moody’s	 	 	At Least A+
From S&P or
A1 From
Moody’s	 	 	At Least A
From S&P or
A2 From
Moody’s	 	 	At Least A-
from S&P or
A3 From
Moody’s	 	 	BBB+ or
Lower From
S&P or Baa1
or Lower
From
Moody’s	 
	 Eurodollar Rate +
	  	 	0.575	% 	 	 	0.69	% 	 	 	0.805	% 	 	 	0.91	% 	 	 	1.00	% 
	 Base Rate +
	  	 	0	% 	 	 	0	% 	 	 	0	% 	 	 	0	% 	 	 	0	% 

 Initially, the Applicable Margin shall be determined based upon the Debt Rating in effect on the Closing Date. Thereafter,
each change in the Applicable Margin resulting from a publicly 

  
 -2- 

 
announced change in the Debt Rating shall be effective during the period commencing on the date of the public announcement thereof and ending on the date immediately preceding the effective date
of the next such change. 
 “Applicable Percentage” means with respect to any Lender at any time, the percentage (carried
out to the ninth decimal place) of the Aggregate Commitments represented by such Lender’s Commitment at such time, subject to adjustment as provided in Section 2.18. If the commitment of each Lender to make Loans and
the obligation of the L/C Issuers to make L/C Credit Extensions have been terminated pursuant to Section 8.02 or if the Aggregate Commitments have expired, then the Applicable Percentage of each Lender shall be determined
based on the Applicable Percentage of such Lender most recently in effect, giving effect to any subsequent assignments. The initial Applicable Percentage of each Lender is set forth opposite the name of such Lender on Schedule 2.01 or in the
Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 
 “Assignee Group” means
two or more Eligible Assignees that are Affiliates of one another. 
 “Assignment and Assumption” means an assignment and
assumption entered into by a Lender and an assignee (with the consent of any party whose consent is required by Section 10.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit E-1 or any other form approved by the Administrative Agent. 
 “Audited Financial
Statements” means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended January 30, 2021 and the related consolidated statements of income or operations, shareholders’ equity
and cash flows for such fiscal year of the Borrower and its Subsidiaries, including the notes thereto. 
 “Auto-Extension Letter of
Credit” has the meaning specified in Section 2.04(b)(iii). 
 “Availability Period”
means the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of termination of the Aggregate Commitments pursuant to Section 2.07, and (c) the date of
termination of the commitment of each Lender to make Loans and of the obligation of the L/C Issuers to make L/C Credit Extensions pursuant to Section 8.02. 

“Available Tenor” means, as of any date of determination and with respect to the then-current Benchmark, as applicable, any
tenor for such Benchmark or payment period for interest calculated with reference to such Benchmark, as applicable, that is or may be used for determining the length of an Interest Period pursuant to this Agreement as of such date and not including,
for the avoidance of doubt, any tenor for such Benchmark that is then-removed from the definition of “Interest Period” pursuant to clause (v) of Section 3.03(b). 

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

“Bail-In Legislation” means (a) with respect to any EEA Member Country
implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law, regulation, rule or requirement for such EEA Member Country from time to time which is described in the EU Bail-In Legislation Schedule and (b) with respect to the 

  
 -3- 

 
United Kingdom, Part I of the United Kingdom Banking Act 2009 (as amended from time to time) and any other law, regulation or rule applicable in the United Kingdom relating to the resolution of
unsound or failing banks, investment firms or other financial institutions or their affiliates (other than through liquidation, administration or other insolvency proceedings). 

“Bank” means a commercial bank or a savings and loan association. 

“Base Rate” means, for any day, a rate of interest per annum equal to the highest of (a) zero, (b) the rate of interest
in effect for such day as publicly announced from time to time by the Administrative Agent as its “prime rate,” (c) the sum of the Federal Funds Rate for such day plus 0.50% per annum and (d) the sum of the Eurodollar Rate for
a one-month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1.00%; provided that the Eurodollar Rate for such day shall be based on
the rate reported by the applicable financial information service at approximately 11:00 a.m. London time on such day. The “prime rate” is a rate set by the Administrative Agent based upon various factors including the Administrative
Agent’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may be priced at, above, or below such announced rate. Any change in the Base Rate due to a change
in the “prime rate”, the Federal Funds Rate, or the Eurodollar Rate shall be effective from the effective date of such change. If the Base Rate is being used when Eurodollar Rate Loans are unavailable pursuant to
Section 3.03, then the Base Rate shall be the highest of clauses (a), (b) and (c) above, without reference to clause (d) above. 

“Base Rate Loan” means a Loan that bears interest based on the Base Rate. 

“Base Rate Revolving Loan” means a Revolving Loan that is a Base Rate Loan. 

“Benchmark” means, initially, the Eurodollar Rate; provided that if a Benchmark Transition Event, a Term SOFR
Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark Replacement Date have occurred with respect to the Eurodollar Base Rate or the
then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has become effective pursuant to Section 3.03(b). 

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

  

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

  

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

  

	 	(3)	 the sum of: (a) the alternate benchmark rate that has been selected by the Administrative Agent and the
Borrower as the replacement for the then-current Benchmark for the applicable Corresponding Tenor giving due consideration to (i) any selection or recommendation of a replacement benchmark rate or the mechanism for determining such

  
 -4- 

	 	
a rate by the Relevant Governmental Body or (ii) any evolving or then-prevailing market convention for determining a benchmark rate as a replacement for the then-current Benchmark for U.S.
dollar-denominated syndicated credit facilities at such time and (b) the related Benchmark Replacement Adjustment; 

provided that, in the case of clause (1), such Unadjusted Benchmark Replacement is displayed on a screen or other information service
that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion; provided further that, in the case of clause (3), when such clause is used to determine the Benchmark Replacement in
connection with the occurrence of an Other Benchmark Rate Election, the alternate benchmark rate selected by the Administrative Agent and the Borrower shall be the term benchmark rate that is used in lieu of a Eurodollar-based rate in the relevant
other Dollar-denominated syndicated credit facilities; provided further that, notwithstanding anything to the contrary in this Agreement or in any other Loan Document, upon the occurrence of a Term SOFR Transition Event, and the
delivery of a Term SOFR Notice, on the applicable Benchmark Replacement Date the “Benchmark Replacement” shall be deemed to be the sum of (a) Term SOFR and (b) the related Benchmark Replacement Adjustment, as set forth in clause
(1) of this definition (subject to the first proviso above). If the Benchmark Replacement as determined pursuant to clause (1), (2) or (3) above would be less than the Floor, the Benchmark Replacement will be deemed to be the Floor for the
purposes of this Agreement and the other Loan Documents. 
 “Benchmark Replacement Adjustment” means, with respect to any
replacement of the then-current Benchmark with an Unadjusted Benchmark Replacement for any applicable Interest Period and Available Tenor for any setting of such Unadjusted Benchmark Replacement: 

 

	(1)	 for purposes of clauses (1) and (2) of the definition of “Benchmark Replacement,” the spread
adjustment, or method for calculating or determining such spread adjustment (which may be a positive or negative value or zero) as of the Reference Time such Benchmark Replacement is first set for such Interest Period that has been selected or
recommended by the Relevant Governmental Body for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement for the applicable Corresponding Tenor; and 

 

	(2)	 for purposes of clause (3) of the definition of “Benchmark Replacement,” the spread adjustment,
or method for calculating or determining such spread adjustment (which may be a positive or negative value or zero), that has been selected by the Administrative Agent and the Borrower for the applicable Corresponding Tenor giving due consideration
to (i) any selection or recommendation of a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement of such Benchmark with the applicable Unadjusted Benchmark Replacement by the Relevant
Governmental Body on the applicable Benchmark Replacement Date or (ii) any evolving or then-prevailing market convention for determining a spread adjustment, or method for calculating or determining such spread adjustment, for the replacement
of such Benchmark with the applicable Unadjusted Benchmark Replacement for U.S. dollar-denominated syndicated credit facilities; 

provided that, in the case of clause (1) above, such adjustment is displayed on a screen or other information service that publishes such
Benchmark Replacement Adjustment from time to time as selected by the Administrative Agent in its reasonable discretion. 

  
 -5- 

 “Benchmark Replacement Conforming Changes” means, with respect to any
Benchmark Replacement, any technical, administrative or operational changes (including changes to the definition of “Base Rate,” the definition of “Borrowing,” the definition of “Business Day,” the definition of
“Interest Period,” timing and frequency of determining rates and making payments of interest, timing of borrowing requests or prepayment, conversion or continuation notices, length of lookback periods, the applicability of breakage
provisions, and other technical, administrative or operational matters) that the Administrative Agent decides, in its reasonable discretion, may be appropriate to reflect the adoption and implementation of such Benchmark Replacement and to permit
the administration thereof by the Administrative Agent in a manner substantially consistent with market practice (or, if the Administrative Agent decides that adoption of any portion of such market practice is not administratively feasible or if the
Administrative Agent determines that no market practice for the administration of such Benchmark Replacement exists, in such other manner of administration as the Administrative Agent decides is reasonably necessary in connection with the
administration of this Agreement and the other Loan Documents). 
 “Benchmark Replacement Date” means the earliest to occur
of the following events with respect to the then-current Benchmark: 
  

	(1)	 in the case of clause (1) or (2) of the definition of “Benchmark Transition Event,” the later of
(a) the date of the public statement or publication of information referenced therein and (b) the date on which the administrator of such Benchmark (or the published component used in the calculation thereof) permanently or indefinitely
ceases to provide all Available Tenors of such Benchmark (or such component thereof); 

  

	(2)	 in the case of clause (3) of the definition of “Benchmark Transition Event,” the date of the
public statement or publication of information referenced therein; 

  

	(3)	 in the case of a Term SOFR Transition Event, the date that is 30 days after the date a Term SOFR Notice is
provided to the Lenders and the Borrower so long as the Administrative Agent has not received, by such time, written notice of objection to such Term SOFR Notice from the Borrower; or 

 

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

For the avoidance of doubt, (i) if the event giving rise to the Benchmark Replacement Date occurs on the same day as, but earlier than,
the Reference Time in respect of any determination, the Benchmark Replacement Date will be deemed to have occurred prior to the Reference Time for such determination and (ii) the “Benchmark Replacement Date” will be deemed to have
occurred in the case of clause (1) or (2) with respect to any Benchmark upon the occurrence of the applicable event or events set forth therein with respect to all then-current Available Tenors of such Benchmark (or the published component used
in the calculation thereof). 

  
 -6- 

 “Benchmark Transition Event” means the occurrence of one or more of the
following events with respect to the then-current Benchmark: 
  

	 	(1)	 a public statement or publication of information by or on behalf of the administrator of such Benchmark (or the
published component used in the calculation thereof) announcing that such administrator has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof), permanently or indefinitely, provided that, at the
time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); 

 

	 	(2)	 a public statement or publication of information by the regulatory supervisor for the administrator of such
Benchmark (or the published component used in the calculation thereof), the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of New York, an insolvency official with jurisdiction over the administrator for such Benchmark
(or such component), a resolution authority with jurisdiction over the administrator for such Benchmark (or such component) or a court or an entity with similar insolvency or resolution authority over the administrator for such Benchmark (or such
component), which states that the administrator of such Benchmark (or such component) has ceased or will cease to provide all Available Tenors of such Benchmark (or such component thereof) permanently or indefinitely, provided that, at the
time of such statement or publication, there is no successor administrator that will continue to provide any Available Tenor of such Benchmark (or such component thereof); or 

 

	 	(3)	 a public statement or publication of information by the regulatory supervisor for the administrator of such
Benchmark (or the published component used in the calculation thereof) announcing that all Available Tenors of such Benchmark (or such component thereof) are no longer representative. 

For the avoidance of doubt, a “Benchmark Transition Event” will be deemed to have occurred with respect to any Benchmark if a public
statement or publication of information set forth above has occurred with respect to each then-current Available Tenor of such Benchmark (or the published component used in the calculation thereof). 

“Benchmark Unavailability Period” means the period (if any) (x) beginning at the time that a Benchmark Replacement Date
pursuant to clauses (1) or (2) of that definition has occurred if, at such time, no Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 3.03(b) and
(y) ending at the time that a Benchmark Replacement has replaced the then-current Benchmark for all purposes hereunder and under any Loan Document in accordance with Section 3.03(b). 

“Beneficial Ownership Certification” means a certification regarding beneficial ownership required by the Beneficial
Ownership Regulation. 
 “Beneficial Ownership Regulation” means 31 C.F.R. § 1010.230. 

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

  
 -7- 

 “Borrower Materials” has the meaning specified in
Section 6.01. 
 “Borrowing” means a Revolver Borrowing or a Swing Line Borrowing, as the context
may require. 
 “Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are
authorized to close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan, means any such day that is also a London Banking Day. 

“Card Issuer” has the meaning specified in Section 7.02(n). 

“Card Holder” has the meaning specified in Section 7.02(n). 

“Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of the
Administrative Agent, L/C Issuers or Swing Line Lender (as applicable) and the Lenders, as collateral for L/C Obligations, Obligations in respect of Swing Line Loans, or obligations of Lenders to fund participations in respect of either thereof (as
the context may require), cash or deposit account balances or, if the L/C Issuers or Swing Line Lender benefitting from such collateral shall agree in its sole discretion, other credit support, in each case pursuant to documentation in form and
substance satisfactory to (a) the Administrative Agent and (b) the L/C Issuers or the Swing Line Lender (as applicable). “Cash Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of
such cash collateral and other credit support. 
 “Change in Law” means the occurrence, after the date of this Agreement,
of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any
Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary,
(x) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank
for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in
Law”, regardless of the date enacted, adopted or issued. 
 “Change of Control” means the acquisition by any Person or
“group” (within the meaning of Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended) of Persons acting in concert of beneficial ownership (within the meaning of Rule 13d-3
of the SEC under the Securities Exchange Act of 1934, as amended), directly or indirectly, of 50% or more of the outstanding shares of voting stock of the Borrower, other than in connection with any transaction or transactions in which the Borrower
shall become the Subsidiary of a Parent Company, and thereafter, the foregoing shall instead apply to such Parent Company. 

“Closing Date” means the first date all the conditions precedent in Section 4.01 are satisfied or
waived in accordance with Section 10.01. 

  
 -8- 

 “Co-Documentation Agents” means,
collectively, Bank of America, N.A., Deutsche Bank Securities Inc. and JPMorgan Chase Bank, N.A., each in its capacity as co-documentation agent under the Loan Documents, or any successor co-documentation agent. 
 “Co-Syndication
Agents” means, collectively, HSBC Bank USA, National Association and Wells Fargo Bank, National Association, each in its capacity as co-syndication agent under the Loan Documents, or any successor co-syndication agent. 
 “Code” means the Internal Revenue Code of 1986, as amended. 

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

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

“Consolidated Interest Expense” means, for any period, the aggregate amount of interest expense, including payments in the
nature of interest under Finance Lease Obligations and the discount or implied interest component of Off-Balance Sheet Liabilities, payable by the Borrower and its Subsidiaries for such period on a
consolidated basis in accordance with GAAP. 
 “Consolidated Lease Expense” means the aggregate rental amounts payable by
the Borrower and its Subsidiaries for such period under any lease of Property classified as an Operating Lease having an original term (including any required renewals or any renewals at the option of the lessor or lessee) of one year or more (but
does not include any amounts payable under Finance Leases), determined in accordance with GAAP and consistent with the manner that “operating lease cost” is calculated by the Borrower for the purposes of reporting in the Borrower’s
Annual Report on Form 10-K for the fiscal year ended January 30, 2021. 
 “Consolidated
Net Income” means, for any period, the consolidated net income (or loss) of the Borrower and its Subsidiaries for such period determined in accordance with GAAP; provided, that there shall be excluded from such amount (i) the
income (or loss) of any Person that is not a Subsidiary of the Borrower, except to the extent of the amount of dividends or other distributions actually paid to the Borrower or any of its Subsidiaries by such Person during such period,
(ii) except as provided in the definition of “Pro Forma Basis” and Section 1.03(c), the income (or loss) of any Person accrued prior to the date it becomes a Subsidiary of the Borrower or is merged into or
consolidated with the Borrower or any of its Subsidiaries or that Person’s assets are acquired by the Borrower or any of its Subsidiaries and (iii) any net after-tax effect of gains or losses
attributable to asset dispositions other than in the ordinary course of business, as determined in good faith by the Borrower. 

“Consolidated Total Assets” means, as of the date of any determination thereof, the total assets of the Borrower and its
Subsidiaries on a consolidated basis determined in accordance with GAAP, but excluding the amount of Operating Lease “right-of-use assets” under GAAP, in each
case, as set forth on the balance sheet included in the financial statements most recently delivered pursuant to Section 6.01(a) or 6.01(b). 

  
 -9- 

 “Contingent Obligation” of a Person means any agreement, written
undertaking or contractual arrangement by which such Person assumes, guarantees, endorses, contingently agrees to purchase or provide funds for the payment of, or otherwise becomes or is contingently liable upon, the financial or monetary obligation
or financial or monetary liability of any other Person (excluding customary indemnification obligations arising from a purchase and sale agreement negotiated at arm’s length and typical for transactions of a similar nature), or agrees in
writing to maintain the net worth or working capital or other financial condition of any other Person, or otherwise assures any creditor of such other Person in writing against loss, including, without limitation, any operating agreement, take-or-pay contract or application for or reimbursement agreement with respect to a letter of credit (including any Letter of Credit). 

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

“Corresponding Tenor” with respect to any Available Tenor means, as applicable, either a tenor (including overnight) or an
interest payment period having approximately the same length (disregarding business day adjustment) as such Available Tenor. 

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

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

“Debt Rating” means, as of any date of determination, the rating as determined by either S&P or Moody’s
(collectively, the “Debt Ratings”) of the Borrower’s non-credit-enhanced, senior unsecured long-term debt; provided that (a) if the respective Debt Ratings issued by the
foregoing rating agencies differ by one level, then the Pricing Level for the higher of such Debt Ratings shall apply (with the Debt Rating for Pricing Level I being the highest and the Debt Rating for Pricing Level V being the lowest); (b) if there
is a split in Debt Ratings of more than one level, then the Pricing Level that is one level lower than the Pricing Level of the higher Debt Rating shall apply; and (c) if no Debt Ratings exist, Pricing Level V shall apply. 

“Debtor Relief Laws” means the Bankruptcy Code of the United States, and all other liquidation, conservatorship, bankruptcy,
assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights
of creditors generally. 

  
 -10- 

 “Default” means any event or condition that constitutes an Event of Default
or that, with the giving of any notice, the passage of time, or both, would be an Event of Default. 
 “Default Rate” means
(a) when used with respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Margin, if any, applicable to Base Rate Loans plus (iii) 2% per annum;
provided, however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including the Applicable Margin) otherwise applicable to such Loan plus 2% per annum, and
(b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Margin applicable to Eurodollar Rate Loans plus 2% per annum. 

“Defaulting Lender” means, subject to Section 2.18(b), any Lender that, as reasonably determined by
the Administrative Agent, (a) has failed to perform any of its funding obligations hereunder, including in respect of its Loans or participations in respect of Letters of Credit or Swing Line Loans, within three Business Days of the date
required to be funded by it hereunder, unless such failure is due to such Lender’s good faith determination that a condition precedent to funding has not been satisfied, (b) has notified the Borrower, the Administrative Agent, or any
Lender that it does not intend to comply with its funding obligations or has made a public statement to that effect with respect to its funding obligations hereunder, unless such notification or public statement is due to such Lender’s good
faith determination that a condition precedent to funding has not been satisfied, or under other agreements generally in which it commits to extend credit or (c) has, or has a direct or indirect parent company that has (i) become the
subject of a proceeding under any Debtor Relief Law, (ii) had a receiver, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization or liquidation of its business or a custodian
appointed for it, (iii) taken any action in furtherance of, or indicated its consent to, approval of or acquiescence in any such proceeding or appointment, or (iv) become the subject of a Bail-In
Action; provided that a Lender shall not be a Defaulting Lender solely by virtue of the ownership or acquisition of any equity interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority. 

“Disqualified Stock” means, for any Person, any capital stock of such Person that, by its terms (or by the terms of any
security into which it is convertible or for which it is exchangeable), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset
sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable, the termination of
the Commitments and the termination or Cash Collateralization of, or back-stop on terms reasonably satisfactory to the Administrative Agent of, all outstanding Letters of Credit), or redeemable at the option of the holder thereof, in whole or in
part, on or prior to the date that is ninety-one (91) days after the Maturity Date. 

“Division” has the meaning specified in Section 1.07. 

“Dollar” and “$” mean lawful money of the United States. 

  
 -11- 

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

(2)    the joint election by the Administrative Agent and the Borrower to trigger a fallback from the Eurodollar Base
Rate; provided, that upon such joint election, the Administrative Agent shall deliver a written notice of such election to the Lenders. 

“EBITDAR” means, for any period, the sum, without duplication, of: (a) Consolidated Net Income during such period,
plus (to the extent deducted in determining Consolidated Net Income) (b) all provisions for any foreign, federal, state and local taxes paid or accrued by the Borrower or any of its Subsidiaries during such period, plus (to the
extent deducted in determining Consolidated Net Income) (c) Consolidated Interest Expense of the Borrower or any of its Subsidiaries during such period, minus (to the extent included in determining Consolidated Net Income) (d)
nonrecurring gains and any unusual gains, in each case, whether or not arising in the ordinary course of business, plus (to the extent deducted in determining Consolidated Net Income) (e) consolidated depreciation, plus (to the
extent deducted in determining Consolidated Net Income) (f) consolidated amortization expense, including without limitation, amortization of goodwill and other intangible assets and other non-cash charges
but excluding reserves for future cash charges, plus (to the extent deducted in determining Consolidated Net Income) (g) Consolidated Lease Expense, plus (to the extent deducted in determining Consolidated Net Income) (h) any
nonrecurring charges and losses, any unusual losses and any restructuring charges (including, for the avoidance of doubt, reserves for restructuring charges), in each case, whether or not arising in the ordinary course of business, plus (to
the extent deducted in determining Consolidated Net Income) (i) expenses associated with incentive stock plans and plus (to the extent deducted in determining Consolidated Net Income) (j) any losses from the extinguishment or
conversion of Indebtedness or obligations in respect of related Hedging Agreements; all of such items as determined in accordance with GAAP (to the extent applicable). 

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

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

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

  
 -12- 

 “Eligible Assignee” means any Person that meets the requirements to be an
assignee under Section 10.06(b)(iii) and (v) (subject to such consents, if any, as may be required under Section 10.06(b)(iii)). 

“Environmental, Health or Safety Requirements of Law” means all Requirements of Law derived from or relating to federal,
state and local laws or regulations relating to or addressing pollution or protection of the environment, or protection of worker health or safety, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability
Act, 42 U.S.C. § 9601 et seq., the Occupational Safety and Health Act of 1970, 29 U.S.C. § 651 et seq., and the Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq., in each case including any amendments thereto,
any successor statutes, and any regulations or guidance promulgated thereunder, and any state or local equivalent thereof. 

“Environmental Laws” means any and all Federal, state, local, and foreign statutes, laws, regulations, ordinances, rules,
judgments, orders, decrees, permits, concessions, grants, franchises, licenses, agreements or governmental restrictions relating to pollution and the protection of the environment or the release of any materials into the environment, including those
related to hazardous substances or wastes, air emissions and discharges to waste or public systems. 
 “Environmental
Liability” means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of the Borrower or any of its Subsidiaries directly or indirectly resulting
from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure to any Hazardous Materials, (d) the release or
threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit
interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities convertible into or
exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all of the other
ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other interests are outstanding on any date of
determination. 
 “ERISA” means the Employee Retirement Income Security Act of 1974. 

“ERISA Affiliate” means any trade or business (whether or not incorporated) under common control with the Borrower within the
meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code). 

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; and (b) for purposes of
Section 8.01 only, “ERISA Event” shall also include (i) the withdrawal of the 

  
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Borrower or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a “substantial employer” as defined in
Section 4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA; (ii) a complete or partial withdrawal by the Borrower or any ERISA Affiliate from a Multiemployer Plan or
the receipt by the Borrower or any ERISA Affiliate of notification that a Multiemployer Plan is in reorganization or is terminating under Section 4041A of ERISA; (iii) the filing by the Borrower or any ERISA Affiliate of a notice of intent
to terminate or the treatment of a Pension Plan amendment as a termination under Section 4041 of ERISA; (iv) the institution by the PBGC of proceedings to terminate a Pension Plan under Section 4042 of ERISA; (v) any event or
condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan; (vi) the determination that any Pension Plan is considered a plan in at-risk status as of the most recent valuation date under Section 430(i)(4) of the Code or Section 303(i)(4) of ERISA; (vii) the receipt by the Borrower or any ERISA Affiliate of notice under
Section 432(b)(3)(D) of the Code or Section 305(b)(3)(D) of ERISA that a Multiemployer Plan is in endangered or critical status; or (viii) the imposition of any liability under Title IV of ERISA, other than for PBGC premiums due but
not delinquent under Section 4007 of ERISA, upon the Borrower or any ERISA Affiliate. 
 “Erroneous Payment” has the
meaning specified in Section 9.13(a). 
 “EU Bail-In Legislation
Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time. 

“Eurodollar Base Rate” means, for any Interest Period, the rate per annum equal to LIBOR as administered by ICE Benchmark
Administration (or any other Person that takes over the administration of such rate) appearing on the applicable Reuters Screen (or on any successor or substitute page on such screen) at approximately 11:00 a.m., London time, two London Banking Days
prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period. If such rate is not available at such time for any reason, then the
“Eurodollar Base Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on the first day of such Interest Period in same day funds in the
approximate amount of the Eurodollar Rate Loan being made, continued or converted by the Administrative Agent and with a term equivalent to such Interest Period would be offered by the Administrative Agent’s London branch to major banks in the
London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two London Banking Days prior to the commencement of such Interest Period; provided that, if the Eurodollar Base Rate shall be less than 0.0%, such
rate shall be deemed to be 0.0% for the purposes of this Agreement. 
 “Eurodollar Rate” means for any Interest Period with
respect to a Eurodollar Rate Loan, a rate per annum determined by the Administrative Agent pursuant to the following formula: 
  

			
	Eurodollar Rate   =	  	Eurodollar Base Rate   
	  	 1.00 – Eurodollar Reserve Percentage

 “Eurodollar Rate Loan” means a Revolving Loan that bears interest at a rate based on the
Eurodollar Rate. 

  
 -14- 

 “Eurodollar Reserve Percentage” means, for any day during any Interest
Period, the reserve percentage (expressed as a decimal, carried out to five decimal places) in effect on such day, whether or not applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve
requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding (currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate
Loan shall be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage. 
 “Event of
Default” has the meaning specified in Section 8.01. 
 “Excluded Taxes” means, with
respect to the Administrative Agent, any Lender, any L/C Issuer or any other recipient of any payment to be made by or on account of any Obligation of the Borrower hereunder or under any Loan Document, (a) Taxes imposed on or measured by its
net income (however denominated) or net worth, and franchise (and similar) Taxes imposed on it (in lieu of such Taxes), (i) by the jurisdiction (or any political subdivision thereof) under the Laws of which such recipient is organized or in which
its principal office is located or, in the case of any Lender, in which its applicable Lending Office is located, or (ii) as a result of a present or former connection between such recipient and the jurisdiction of the Governmental Authority
imposing such Tax (other than a connection arising solely from such recipient having executed, delivered, or performed its obligations or having received a payment under, or enforced its rights or remedies under, this Agreement or any other Loan
Document), (b) any branch profits Taxes imposed by the United States or any similar Tax imposed by any other jurisdiction in which the Borrower is located, (c) any backup withholding Tax that is imposed under Section 3406 of the Code on a
recipient that is a “United States Person” (as defined in Section 7701(a)(30) of the Code), (d) in the case of a Lender (other than an assignee pursuant to a request by the Borrower under Section 10.13), any
United States federal withholding Tax that is required to be imposed on amounts payable to such Lender pursuant to the Laws in force at the time such Lender becomes a party hereto, changes its place of organization, or designates a new
Lending Office, except in each case to the extent that such Lender was entitled, immediately prior to changing its place of organization or designating a new Lending Office, or such Lender’s assignor (if any) was entitled, immediately prior to
the assignment, to receive additional amounts from the Borrower with respect to such withholding Tax pursuant to Sections 3.01(a)(ii) or (c), (e) any Tax attributable to such recipient’s failure or inability (other than as a
result of a Change in Law occurring after the time such recipient becomes a party hereto, changes its place of organization, or, in the case of a Lender, designates a new Lending Office) to comply with Section 3.01(e)
(determined without regard to any exception in Section 3.01(e) relating to whether such recipient is legally entitled to comply with the provisions of Section 3.01(e)), and (f) any United
States federal withholding Taxes imposed under FATCA. 
 “Existing Credit Agreements” means, collectively, (x) that
certain 2022 Revolving Credit Agreement, dated as of March 11, 2016 (as amended, restated, amended and restated, modified, supplemented or otherwise in effect from time to time) by and among the Borrower, the lenders party thereto from time to
time and U.S. Bank, as administrative agent; and (y) that certain 364 Day Revolving Credit Agreement, dated as of August 10, 2020 (as amended, restated, amended and restated, modified, supplemented or otherwise in effect from time to time)
by and among the Borrower, the lenders party thereto from time to time and U.S. Bank, as administrative agent. 

  
 -15- 

 “Existing Maturity Date” has the meaning specified in
Section 2.19(a). 
 “Extending Lender” has the meaning specified in
Section 2.19(e). 
 “Extension Date” has the meaning specified in
Section 2.19(c). 
 “Facility Fee” has the meaning specified in
Section 2.10(a). 
 “Facility Fee Calculation Period” has the meaning specified in
Section 2.10(a). 
 “FASB ASC” means the Accounting Standards Codification of the Financial
Accounting Standards Board. 
 “FATCA” means Sections 1471 through 1474 of the Code and any regulations thereunder and
official interpretations thereof, regardless, for the avoidance of doubt, of the date such regulation or other official interpretation is published, issued or adopted, and any agreement entered into pursuant thereto and any fiscal or regulatory
legislation, rules or practices adopted pursuant to any intergovernmental agreement entered into in connection with the implementation of such Sections of the Code. 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight Federal
funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day
is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next preceding Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next
succeeding Business Day, the Federal Funds Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to the Administrative Agent on such day on such transactions as determined by the
Administrative Agent. 
 “Fee Letters” means, collectively, (a) that certain fee letter dated May 20, 2021 by and
between the Borrower and U.S. Bank and (b) those certain fee letters dated June 2, 2021 by and between the Borrower and each of (i) HSBC Bank USA, National Association, (ii) Wells Fargo Securities, LLC and Wells Fargo Bank,
National Association, (iii) Bank of America, N.A. and BofA Securities, Inc., (iv) Deutsche Bank Securities Inc. and Deutsche Bank AG New York Branch, and (v) JPMorgan Chase Bank, N.A. 

“Finance Lease” means any lease of Property classified as a “finance lease” under GAAP, but excluding, for the
avoidance of doubt, any Operating Leases or any other non-finance leases. 
 “Finance Lease
Obligations” of a Person means the amount of the obligations of such Person under Finance Leases which would be shown as a liability on a balance sheet of such Person prepared in accordance with GAAP. 

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

  
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 “Foreign Lender” means any Lender, L/C Issuer or an Administrative Agent
that is not a United States person (as defined in Section 7701(a)(30) of the Code). 
 “FRB” means the Board of
Governors of the Federal Reserve System of the United States. 
 “Fronting Exposure” means, at any time there is a
Defaulting Lender, (a) with respect to an L/C Issuer, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has been
reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Line Lender, such Defaulting Lender’s Applicable Percentage of Swing Line Loans other than Swing Line Loans as to
which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. 

“Funded Debt” of any Person means, without duplication, all obligations of such Person for money borrowed (whether or not
such obligations have a maturity in excess of one year) which in accordance with GAAP shall be classified upon a balance sheet of such Person as liabilities of such Person, and in any event shall include (a) (i) all Finance Lease Obligations of
such Person and (ii) the capitalized amount of all Operating Leases of such Person consistent with the manner that such amount was calculated by the Borrower for the purposes of reporting in the Borrower’s Quarterly Report on Form 10-Q for the fiscal quarter ending May 4, 2019 and (b) all Contingent Obligations of such Person with respect to money borrowed (for the avoidance of
doubt, including reimbursement obligations with respect to standby letters of credit), but shall exclude (i) notes, bills and checks presented in the ordinary course of business by such Person to banks for collection or deposit, (ii) with
reference to the Borrower and its Subsidiaries, all obligations of the Borrower and its Subsidiaries of the character referred to in this definition to the extent owing to the Borrower or any Subsidiary, (iii) bankers acceptances which, in
accordance with GAAP, are classified as accounts payable and (iv) reimbursement obligations with respect to trade letters of credit incurred in the ordinary course of business. Without in any way limiting the foregoing, Funded Debt of the
Borrower shall include all Loans outstanding under this Agreement and all “Revolving Loans” outstanding under and as defined in the 2024 Revolving Credit Agreement. 

“GAAP” means, subject to Section 1.03 hereof, generally accepted accounting principles in the
United States, as in effect from time to time. 
 “Governmental Authority” means the government of the United States or any
other nation, or of any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or
administrative powers or functions of or pertaining to government (including any supra-national bodies such as the European Union or the European Central Bank). 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances, wastes
or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated pursuant to
any Environmental Law. 

  
 -17- 

 “Hedging Agreement” means any interest rate, commodity or foreign currency
exchange swap, cap or collar arrangement, forward foreign currency contract or any other derivative product customarily offered by banks or other financial institutions to their customers in order to reduce the exposure of such customers to interest
rate, exchange rate and commodity price fluctuations. 
 “Honor Date” has the meaning specified in
Section 2.04(c)(i). 
 “Indebtedness” of a Person means, without duplication, such Person’s
(a) obligations for borrowed money, (b) obligations representing the deferred purchase price of Property or services (other than (i) trade payables or accounts payable and (ii) bankers acceptances classified in accordance with
GAAP as accounts payable, in each case arising in the ordinary course of such Person’s business payable on terms customary in the trade), (c) obligations, whether or not assumed, secured by Liens or payable out of the proceeds or
production from Property now or hereafter owned or acquired by such Person, (d) obligations which are evidenced by notes, acceptances (to the extent not classified as accounts payable in accordance with GAAP), or other similar instruments,
(e) Finance Lease Obligations, (f) obligations of such Person to purchase securities or other property arising out of or in connection with the sale of the same or substantially similar securities or property, (g) all Off-Balance Sheet Liabilities of such Person, (h) net obligations in respect of Hedging Agreements (to the extent a liability is created), (i) all Disqualified Stock, (j) reimbursement obligations with
respect to standby letters of credit and (k) any other obligation in writing for borrowed money or financial accommodation with respect to other items included in the definition of Indebtedness above which in accordance with GAAP would be shown
as a liability on the consolidated balance sheet of such Person, but excluding, in any event, (i) amounts payable by such Person in respect of covenants not to compete, and (ii) with reference to the Borrower and its Subsidiaries, all
obligations of the Borrower and its Subsidiaries of the character referred to in this definition to the extent owing to the Borrower or any Subsidiary of the Borrower. 

“Indemnified Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on
account of any obligation of the Borrower under any Loan Document and (b) to the extent not otherwise described in (a), Other Taxes. 

“Indemnitee” has the meaning specified in Section 10.04(b). 

“Information” has the meaning specified in Section 10.07. 

“Inspection” has the meaning specified in Section 6.10. 

“Intellectual Property” means (i) any and all intangible personal property consisting of intellectual property, whether
or not registered with any governmental entity, including, without limitation, franchises, licenses, patents, technology and know-how, copyrights, trademarks, trade secrets, service marks, logos and trade
names and (ii) any and all contract rights (including, without limitation, applications for governmental registrations, license agreements, trust agreements and assignment agreements) creating, evidencing or conveying an interest or right in or
to any of the intellectual property described in the preceding clause (i). 
 “Interest Payment Date” means,
(a) as to any Loan other than a Base Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date; provided, however, that 

  
 -18- 

 
if any Interest Period for a Eurodollar Rate Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also be Interest
Payment Dates; and (b) as to any Base Rate Loan (including a Swing Line Loan), the last Business Day of each calendar quarter and the Maturity Date. 

“Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the date such Eurodollar Rate Loan is
disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one, three, six or, upon consent of all of the Lenders, twelve months or less than one month thereafter, as selected by the Borrower in its Revolving Loan
Notice; provided that: 
 (i)    any Interest Period that would otherwise end on a day that is not
a Business Day shall be extended to the next succeeding Business Day unless, in the case of a Eurodollar Rate Loan, such Business Day falls in another calendar month, in which case such Interest Period shall end on the next preceding Business Day;

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

(iii)    no Interest Period shall extend beyond the Maturity Date. 

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

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

“L/C Advance” means, with respect to each Lender, such Lender’s funding of its participation in any L/C Borrowing in
accordance with its Applicable Percentage. 
 “L/C Borrowing” means an extension of credit resulting from a drawing under
any Letter of Credit which has not been reimbursed on the date when made or refinanced as a Revolver Borrowing. 
 “L/C Credit
Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof. 

“L/C Issuer” means U.S. Bank, HSBC Bank USA, National Association, Wells Fargo Bank, National Association, Bank of America,
N.A., Deutsche Bank AG New York Branch and JPMorgan Chase Bank, N.A., each in its capacity as issuer of Letters of Credit hereunder, any successor issuer of Letters of Credit hereunder including any Lender appointed by the Borrower (with the consent
of the Administrative Agent) as such by notice to the Lenders, as a replacement for any L/C Issuer who is at the time of such appointment a Defaulting Lender or otherwise. 

  
 -19- 

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

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

“Lead Arrangers” means, collectively, U.S. Bank, HSBC Bank USA, National Association, Wells Fargo Securities, LLC, BofA
Securities, Inc., Deutsche Bank Securities Inc. and JPMorgan Chase Bank, N.A. in their respective capacities as Lead Arrangers. 

“Lender” has the meaning specified in the introductory paragraph hereto and, as the context requires, includes the Swing Line
Lender. 
 “Lender Party” is defined in Section 9.13(a). 

“Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such Lender’s
Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent. 

“Letter of Credit” means any letter of credit issued hereunder. A Letter of Credit may be a commercial letter of credit or a
standby letter of credit. 
 “Letter of Credit Application” means an application and agreement for the issuance or
amendment of a Letter of Credit in the form from time to time in use by an L/C Issuer. 
 “Letter of Credit Expiration
Date” means the day that is three days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day). 

“Letter of Credit Fee” has the meaning specified in Section 2.04(h). 

“Letter of Credit Sublimit” means an amount equal to $250,000,000. The Letter of Credit Sublimit is part of, and not in
addition to, the Aggregate Commitments. As of the Closing Date, subject to the terms of this Agreement, (a) U.S. Bank has agreed to issue Letters of Credit equal to a portion of the Letter of Credit Sublimit in the amount of $41,666,670 and
(b) each of the other L/C Issuers has agreed to issue Letters of Credit equal to a portion of the Letter of Credit Sublimit in the amount of $41,666,666. 

  
 -20- 

 “Leverage Ratio” means, with respect to the last day of any fiscal quarter,
the ratio of: 
 (i)    Funded Debt of the Borrower and its Subsidiaries on a consolidated basis on such day, 

to 

(ii)    EBITDAR of the Borrower and its Subsidiaries on a consolidated basis for the Test Period ending on such day; 

provided, that solely for the purposes of calculating the Leverage Ratio for the Test Period ending on July 31, 2021, EBITDAR of
the Borrower and its Subsidiaries on a consolidated basis for such Test Period shall be multiplied by 4/3. 

“LIBOR” means the London interbank offered rate. 

“Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other),
charge, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature whatsoever (including any conditional sale or other title retention agreement, any easement, right of
way or other encumbrance on title to real property, and any Finance Lease). 
 “Loan” means an extension of credit by a
Lender to the Borrower under ARTICLE II in the form of a Revolving Loan or a Swing Line Loan. 
 “Loan Documents”
means this Agreement, each Note, each Issuer Document, any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.17 of this Agreement and the Fee Letters. 

“London Banking Day” means any day on which dealings in Dollar deposits are conducted by and between banks in the London
interbank eurodollar market. 
 “Material Adverse Effect” means a material adverse effect on (a) the business,
financial condition or results of operations of the Borrower and its Subsidiaries on a consolidated basis, (b) the ability of the Borrower to perform its obligations under the Loan Documents, or (c) the validity or enforceability of any of
the Loan Documents or any material rights or remedies of the Administrative Agent or the Lenders thereunder. 
 “Material
Indebtedness” means Indebtedness which, individually, or in the aggregate, exceeds the Threshold Amount. 
 “Material
Subsidiary” means, as of any date of determination, (a) each Subsidiary of the Borrower (i) the total assets (excluding the amount of Operating Lease
“right-of-use assets” under GAAP) of which at the last day of the most recent period for which financial statements were required to be delivered pursuant to
Section 6.01(a) or 6.01(b) were equal to or greater than 5.0% of Consolidated Total Assets at such date or (ii) the gross revenues of which for the most recent period for which financial statements were required
to be delivered pursuant to Section 6.01(a) or 6.01(b) were equal to or greater than 5.0% of the consolidated gross revenues of the Borrower and 

  
 -21- 

 
its Subsidiaries for such period, in each case determined in accordance with GAAP and (b) each other Subsidiary that is the subject of an Event of Default under
Section 8.01(f) or Section 8.01(g) that, when such Subsidiary’s total assets or gross revenues are aggregated with the total assets or gross revenues, as applicable, of each other Subsidiary
that is the subject of an Event of Default under Section 8.01(f) or Section 8.01(g) would constitute a Material Subsidiary under clause (a) above. 

“Maturity Date” means the later of (a) June 25, 2026 and (b) if maturity is extended pursuant to
Section 2.19, such extended maturity date as determined pursuant to such Section; provided, however, in each case, that if such date is not a Business Day, the Maturity Date shall be the next preceding
Business Day. 
 “Maximum Rate” has the meaning specified in Section 10.09. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 

“Multiemployer Plan” means any employee benefit plan as defined in Section 4001(a)(3) of ERISA and subject to the
provisions of Title IV of ERISA, to which the Borrower or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

“Multiple Employer Plan” means a Plan which has two or more contributing sponsors (including the Borrower or any ERISA
Affiliate) at least two of whom are not under common control, as such a plan is described in Section 4064 of ERISA. 
 “Non-Extending Lender” has the meaning specified in Section 2.19(b). 

“Non-Extension Notice Date” has the meaning specified in
Section 2.04(b)(iii). 
 “Note” means a promissory note made by the Borrower in favor of a Lender
evidencing Loans made by such Lender, substantially in the form of Exhibit C. 
 “Notice Date” has the meaning
specified in Section 2.19(b). 
 “Obligations” means all advances to, and debts, liabilities,
obligations, covenants and duties of, the Borrower arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to
become due, now existing or hereafter arising and including interest and fees that accrue after the commencement by or against the Borrower of any proceeding under any Debtor Relief Laws naming such Person as the debtor in such proceeding,
regardless of whether such interest and fees are allowed claims in such proceeding. 
 “OFAC” means the U.S. Department of
the Treasury’s Office of Foreign Assets Control, and any successor thereto. 

“Off-Balance Sheet Liabilities” of a Person means (i) any non-contingent repurchase obligation or liability of such Person or any of its Subsidiaries with respect to accounts or notes receivable sold by such Person or any of its Subsidiaries (calculated to include the
unrecovered 

  
 -22- 

 
investment of purchasers or transferees of accounts or any other obligation of such Person or such transferor to purchasers/transferees of interests in accounts or notes receivable or the agent
for such purchasers/transferees) or (ii) any obligation arising with respect to any other transaction which is the functional equivalent of or takes the place of borrowing but which does not constitute a liability on the balance sheets of such
Person, but excluding from this clause (ii) Operating Leases. 
 “Operating Lease” means any lease of Property
classified as an “operating lease” under GAAP. 
 “Organization Documents” means, (a) with respect to any
corporation, the certificate or articles of incorporation and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction); (b) with respect to any limited
liability company, the certificate or articles of formation or organization and operating agreement; and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other
applicable agreement of formation or organization and any agreement, instrument, filing or notice with respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its
formation or organization and, if applicable, any certificate or articles of formation or organization of such entity. 
 “Other
Benchmark Rate Election” means, if the then-current Benchmark is the Eurodollar Base Rate, the occurrence of: 
 (a) a notification
by the Administrative Agent to each of the other parties hereto that at least five currently outstanding U.S. dollar-denominated syndicated credit facilities at such time contain (as a result of amendment or as originally executed), in lieu of a
LIBOR-based rate, a term benchmark rate that is not a SOFR-based rate as a benchmark rate (and such syndicated credit facilities are identified in such notice and are publicly available for review), and 

(b) the joint election by the Administrative Agent and the Borrower to trigger a fallback from the Eurodollar Base Rate and the provision by
the Administrative Agent of written notice of such election to the Lenders. 
 “Other Taxes” means all present or future
stamp or documentary taxes or any other excise or property taxes, charges or similar levies arising from any payment made hereunder or under any other Loan Document or from the execution, delivery or enforcement of, or otherwise with respect to,
this Agreement or any other Loan Document, except any such Taxes that are imposed both (i) as a result of a present or former connection between such recipient and the jurisdiction of the Governmental Authority imposing such Tax (other than a
connection arising solely from such recipient having executed, delivered, or performed its obligations or having received a payment under, or enforced its rights or remedies under, this Agreement or any other Loan Document, or sold or assigned an
interest in any Loan or Loan Document) and (ii) with respect to an assignment, grant of a participation, designation of a new office for receiving payments by or on account of the Borrower or other transfer (other than an assignment or
designation of a new office made pursuant to Section 3.06(b)). For the avoidance of doubt, “Other Taxes” shall not include any Excluded Taxes. 

  
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 “Outstanding Amount” means (i) with respect to Revolving Loans and
Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Revolving Loans and Swing Line Loans, as the case may be, occurring on such date; and
(ii) with respect to any L/C Obligations on any date, the amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations as
of such date, including as a result of any reimbursements by the Borrower of Unreimbursed Amounts. 
 “Parent Company”
means any Person so long as such Person directly or indirectly beneficially owns 100% of the outstanding shares of voting stock of the Borrower, and immediately following the acquisition by such Person of such shares, 100% of the outstanding shares
of voting stock of such Person are beneficially owned (directly or indirectly) by the same Persons and in the same proportions as the outstanding shares of voting stock of the Borrower immediately prior to such acquisition. 

“Participant” has the meaning specified in Section 10.06(d). 

“Participant Register” has the meaning specified in Section 10.06(d). 

“PATRIOT Act” means the USA PATRIOT Act (Title III of Pub. L. 107-56 (signed into law
October 26, 2001)). 
 “Payment Recipient” has the meaning specified in Section 9.13(a).

 “PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any
installment payment thereof) to Pension Plans and set forth in Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. 

“Pension Plan” means any employee pension benefit plan within the meaning of Section 3(2) of ERISA (including a Single
Employer Plan, a Multiple Employer Plan or a Multiemployer Plan) that is maintained or is contributed to by the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under
Section 412 of the Code. 
 “Person” means any natural person, corporation, limited liability company, trust, joint
venture, association, company, partnership, Governmental Authority or other entity. 
 “Plan” means any employee benefit
plan within the meaning of Section 3(3) of ERISA (including a Pension Plan), maintained for employees of the Borrower or any ERISA Affiliate or any such Plan to which the Borrower or any ERISA Affiliate is required to contribute on behalf of
any of its employees. 
 “Platform” has the meaning specified in Section 6.01. 

  
 -24- 

 “Pricing Level” means the applicable pricing level for (a) the
Applicable Margin or (b) the Applicable Facility Fee Rate. 
 “Pro Forma Basis” means, in connection with any
Specified Transaction by the Borrower or any Subsidiary of the Borrower during the applicable Test Period, the pro forma calculation of compliance with the maximum Leverage Ratio covenant set forth in Section 7.04 made as
if the assets, business or Person acquired or disposed of, as applicable, in connection with such Specified Transaction were acquired or disposed of, as applicable, on the first day of the applicable Test Period and all Indebtedness created,
incurred, issued, assumed, repaid, discharged, satisfied, redeemed or defeased during the applicable Test Period in connection with such Specified Transaction had been created, incurred, issued, assumed, repaid, discharged, satisfied, redeemed or
defeased on the first day of the applicable Test Period. 
 “Property” of a Person means any and all property, whether
real, personal, tangible, intangible, or mixed, of such Person, or other assets owned, leased or operated by such Person. 
 “Public
Lender” has the meaning specified in Section 6.01. 
 “Reference Time” with respect to
any setting of the then-current Benchmark means (1) if such Benchmark is the Eurodollar Base Rate, 11:00 a.m. (London time) on the day that is two London banking days preceding the date of such setting, and (2) if such Benchmark is not the
Eurodollar Base Rate, the time determined by the Administrative Agent in it reasonable discretion. 
 “Register” has the
meaning specified in Section 10.06(c). 
 “Regulation T” means Regulation T of the Board of
Governors of the Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by and to brokers and dealers of securities for
the purpose of purchasing or carrying margin stocks. 
 “Regulation U” means Regulation U of the Board of Governors of the
Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by banks for the purpose of purchasing or carrying margin stocks
applicable to member banks of the Federal Reserve System. 
 “Regulation X” means Regulation X of the Board of Governors of
the Federal Reserve System as from time to time in effect and any successor or other regulation or official interpretation of said Board of Governors relating to the extension of credit by foreign lenders for the purpose of purchasing or carrying
margin stock (as defined therein). 
 “Related Parties” means, with respect to any Person, such Person’s Affiliates
and the partners, directors, officers, employees, agents, trustees and advisors of such Person and of such Person’s Affiliates. 

“Relevant Governmental Body” means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee
officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto. 

  
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 “Removal Effective Date” has the meaning specified in Section 9.07(c).

 “Removal Notice” has the meaning specified in Section 9.07(c). 

“Reportable Event” means a reportable event as defined in Section 4043(c) of ERISA and the regulations issued under such
section, with respect to a Pension Plan, excluding, however, such events as to which the PBGC by regulation has waived the requirement of Section 4043 of ERISA that it be notified within 30 days of the occurrence of such event; provided,
however, that a failure to make the minimum required contribution under Section 430(a) or Section 412 of the Code and under Section 302 of ERISA shall be a Reportable Event regardless of the issuance of any such waiver of the notice
requirement in accordance with Section 4043(a) of ERISA, unless, in any case, any such failure to make the minimum required contribution is corrected within sixty (60) days of its occurrence. 

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

“Required Lenders” means, as of any date of determination, Lenders having more than 50% of the Aggregate Commitments or, if
the commitment of each Lender to make Loans and the obligation of the L/C Issuers to make L/C Credit Extensions have been terminated pursuant to Section 8.02, Lenders holding in the aggregate more than 50% of the Total
Outstandings (with the aggregate amount of each Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Lender for purposes of this definition); provided that the
Commitment of, and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders. 

“Requirements of Law” means, as to any Person, the charter and by-laws or other organizational or governing documents of such Person, and any law, rule or regulation, or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or
binding upon such Person or any of its property or to which such Person or any of its property is subject including, without limitation, the Securities Act of 1933, as amended, the Securities Exchange Act of 1934, as amended, Regulations T, U
and X, ERISA, the Fair Labor Standards Act, the Worker Adjustment and Retraining Notification Act, Americans with Disabilities Act of 1990, and any certificate of occupancy, zoning ordinance, building, environmental or land use requirement or permit
or environmental, labor, employment, occupational safety or health law, rule or regulation, including Environmental, Health or Safety Requirements of Law. 

“Resolution Authority” means an EEA Resolution Authority or, with respect to any UK Financial Institution, a UK Resolution
Authority. 
 “Responsible Officer” means the chief executive officer, president, senior executive vice president, chief
financial officer, treasurer, executive vice president - finance, senior vice president – finance, assistant treasurer or controller of the Borrower and solely for purposes of the delivery of incumbency certificates pursuant to
Section 4.01, the secretary or any assistant secretary of the 

  
 -26- 

 
Borrower. Any document delivered hereunder that is signed by a Responsible Officer of the Borrower shall be conclusively presumed to have been authorized by all necessary corporate, partnership
and/or other action on the part of the Borrower and such Responsible Officer shall be conclusively presumed to have acted on behalf of the Borrower. 

“Revolver Borrowing” means a borrowing consisting of simultaneous Revolving Loans of the same Type and, in the case of
Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01. 

“Revolving Loan” has the meaning specified in Section 2.01. 

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

“Sanctioned Country” means, at any time, any country, region or territory which is itself, or whose government is, the
subject or target of any comprehensive Sanctions. 
 “Sanctioned Person” means, at any time, (a) any Person or group
listed in any Sanctions related list of designated Persons maintained by OFAC or the U.S. Department of State, the United Nations Security Council, the government of the United Kingdom or the government of Canada, (b) any Person or group
operating, organized or resident in a Sanctioned Country, (c) any agency, political subdivision or instrumentality of the government of a Sanctioned Country, or (d) any Person 50% or more owned directly or indirectly by any of the above.

 “Sanctions” means sanctions administered or enforced from time to time by the U.S. government, including those
administered by OFAC, the U.S. Department of State, the United Nations Security Council, the European Union, Her Majesty’s Treasury or the Canadian government. 

“S&P” means Standard & Poor’s Rating Services and any successor thereto. 

“SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal
functions. 
 “Single Employer Plan” means a Plan, if any, maintained by the Borrower or any ERISA Affiliate for employees
of the Borrower or any ERISA Affiliate. The term “Single Employer Plan” does not include any Multiemployer Plan. 

“SOFR” means, with respect to any Business Day, a rate per annum equal to the secured overnight financing rate for such
Business Day published by the SOFR Administrator on the SOFR Administrator’s Website in accordance with the SOFR Administrator’s procedures. 

“SOFR Administrator” means the Federal Reserve Bank of New York (or a successor administrator of the secured
overnight financing rate). 

  
 -27- 

 “SOFR Administrator’s Website” means the website of the
Federal Reserve Bank of New York, currently at http://www.newyorkfed.org, or any successor source for the secured overnight financing rate identified as such by the SOFR Administrator from time to time. 

“Specified Transaction” means any acquisition or disposition by sale of any Person, business or assets constituting a
business by the Borrower or any Subsidiary of the Borrower. 
 “Subsidiary” of a Person means a corporation, partnership,
joint venture, limited liability company or other business entity (i) of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities
or interests having such power only by reason of the happening of a contingency) are at the time beneficially owned by such Person or (ii) the management of which is otherwise controlled, directly or indirectly, through one or more
intermediaries, or both, by such Person, to the extent such entity’s financial results are required to be included in such Person’s consolidated financial statements under GAAP. Unless otherwise specified, all references herein to a
“Subsidiary” or to “Subsidiaries” shall refer to a Subsidiary or Subsidiaries of the Borrower. 
 “Substantial
Portion” means, with respect to the Property of any Person and its Subsidiaries, Property which in any individual transaction or series of related transactions (i) represents more than 10% of the Consolidated Total Assets (excluding
the amount of Operating Lease “right-of-use assets” under GAAP) of such Person and its Subsidiaries as would be shown in the consolidated financial statements
of such Person and its Subsidiaries as at the beginning of the fiscal year of such Person in which such determination is made, or (ii) is responsible for more than 10% of the consolidated net sales of such Person and its Subsidiaries as
reflected in the consolidated financial statements of such Person and its Subsidiaries for the most recently-ended fiscal year of such Person. 

“Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.05. 

“Swing Line Lender” means U.S. Bank in its capacity as provider of Swing Line Loans, or any successor swing line lender
hereunder. 
 “Swing Line Loan” has the meaning specified in Section 2.05(a). 

“Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to Section 2.05(b),
which, if in writing, shall be substantially in the form of Exhibit B. 
 “Swing Line Sublimit” means an amount
equal to the lesser of (a) $50,000,000 and (b) the Aggregate Commitments. The Swing Line Sublimit is part of, and not in addition to, the Aggregate Commitments. 

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

  
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 “Term SOFR” means, for the applicable Corresponding Tenor as of the
applicable Reference Time, the forward-looking term rate based on SOFR that has been selected or recommended by the Relevant Governmental Body. 

“Term SOFR Notice” means a notification by the Administrative Agent to the Lenders of the occurrence of a Term SOFR
Transition Event. 
 “Term SOFR Transition Event” means the determination by the Administrative Agent at any time, in its
sole discretion, that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent, and (c) a Benchmark Transition Event or
an Early Opt-in Election, as applicable (and, for the avoidance doubt, not in the case of an Other Benchmark Rate Election), has previously occurred resulting in a Benchmark Replacement in accordance with
Section 3.03(b) that is not Term SOFR; provided, however, that a Term SOFR Transition Event shall be deemed not to have occurred if, within 30 days of receipt of a Term SOFR Notice, the Borrower delivers to the
Administrative Agent written notice of objection to such Term SOFR Notice. 
 “Test Period” means at any time, the most
recent period of four consecutive fiscal quarters of the Borrower ended on or prior to such time, except that, solely for the purposes of calculating EBITDAR for the Test Period ending on July 31, 2021, Test Period shall mean the three
consecutive fiscal quarter period then ended. 
 “Threshold Amount” means $175,000,000. 

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

“Type” means, with respect to a Revolving Loan, its character as a Base Rate Loan or a Eurodollar Rate Loan. 

“Uniform Electronic Transactions Act” means the Uniform Electronic Transactions Act as promulgated by the Uniform Law
Commission, and in effect in the relevant state from time to time, as amended from time to time, and any successor statute, and any regulations promulgated thereunder from time to time. 

“UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time
to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes
certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. 
 “UK
Resolution Authority” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. 

“Unadjusted Benchmark Replacement” means the applicable Benchmark Replacement excluding the related Benchmark Replacement
Adjustment. 

  
 -29- 

 “United States” and “U.S.” mean the United States of
America. 
 “Unreimbursed Amount” has the meaning specified in Section 2.04(c)(i). 

“U.S. Bank” means U.S. Bank National Association. 

“Write-Down and Conversion Powers” means, (a) with respect to any EEA Resolution Authority, the write-down and
conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule, and (b) with respect to the United Kingdom, any powers of the applicable Resolution Authority under the Bail-In Legislation to cancel,
reduce, modify or change the form of a liability of any UK Financial Institution or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any
other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability or any of the powers under that
Bail-In Legislation that are related to or ancillary to any of those powers. 

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

(b)    In the computation of periods of time from a specified date to a later specified date, the word
“from” means “from and including;” the words “to” and “until” each mean “to but excluding;” and the word “through” means “to and
including.” 

  
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 (c)    Section headings herein and in the other Loan Documents are
included for convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 

1.03.    Accounting Terms. (a) Generally. All accounting terms not specifically or completely
defined herein shall be construed in conformity with, and all financial data (including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP applied on a
consistent basis, as in effect from time to time, applied in a manner consistent with that used in preparing the Audited Financial Statements, except as otherwise specifically prescribed herein, and including, for the avoidance of doubt,
giving effect to FASB ASC 842 as adopted by the Borrower. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of the Borrower
and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 on financial liabilities shall be disregarded. 

(b)    Changes in GAAP. If at any time any change in GAAP would affect the computation of any financial ratio,
covenant or requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio, covenant or
requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio, covenant or requirement shall continue to be
computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested
hereunder setting forth a reconciliation between calculations of such ratio, covenant or requirement made before and after giving effect to such change in GAAP. 

(c)    Pro Forma Adjustments. For purposes of determining compliance with Section 7.04
with respect to any Test Period during which any Specified Transaction occurs, the Leverage Ratio shall be calculated with respect to such Test Period and such Specified Transaction on a Pro Forma Basis, as provided in such Section. 

1.04.    Rounding. Any financial ratios required to be maintained by the Borrower pursuant to this Agreement
shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed herein and rounding the result up or down to the nearest number (with
a rounding-up if there is no nearest number). 
 1.05.    Times of
Day. Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or standard, as applicable) in the United States. 

1.06.    Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at
any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one
or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated
amount is in effect at such time. 

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

1.08.    LIBOR Notification. The interest rate on Eurodollar Rate Loans is determined by reference to the
Eurodollar Base Rate which is derived from LIBOR. Section 3.03(b) provides a mechanism for (a) determining an alternative rate of interest if LIBOR is no longer available or in the other circumstances set forth in Section 3.03(b) and
(b) modifying this Agreement to give effect to such alternative rate of interest. The Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or
any other matter related to LIBOR or other rates in the definition of Eurodollar Base Rate or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether any such alternative,
successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 3.03(b), will have the same value as, or be economically equivalent to, the Eurodollar Base Rate. 

ARTICLE II 
 THE
COMMITMENTS AND CREDIT EXTENSIONS 
 2.01.    Revolving Loans. Subject to the terms and conditions set
forth herein, each Lender severally agrees to make loans in Dollars (each such loan, a “Revolving Loan”) to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate amount not to exceed at
any time outstanding the amount of such Lender’s Commitment; provided, however, that after giving effect to any Revolver Borrowing, (i) the Total Outstandings shall not exceed the Aggregate Commitments, and (ii) the
aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount
of all Swing Line Loans shall not exceed such Lender’s Commitment. Within the limits of each Lender’s Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this
Section 2.01, prepay under Section 2.06, and reborrow under this Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein.

 2.02.    Borrowings, Conversions and Continuations of Revolving Loans. 

(a)    Each Revolver Borrowing, each conversion of Revolving Loans from one Type to the other, and each continuation of
Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given by telephone. Each such notice must be received by the Administrative Agent not later than 12:00 p.m. (i) three
Business Days prior to the requested date of any Borrowing of, conversion to or continuation of Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Revolving Loans, and (ii)

  
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on the requested date of any Borrowing of Base Rate Revolving Loans. Each telephonic notice by the Borrower pursuant to this Section 2.02(a) must be confirmed promptly
by delivery to the Administrative Agent of a written Revolving Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or continuation of Eurodollar Rate Loans shall be in a
principal amount of $15,000,000 or a whole multiple of $5,000,000 in excess thereof. Except as provided in Sections 2.04(c) and 2.05(c), each Borrowing of or conversion to Base Rate Revolving Loans shall be in a principal amount of
$10,000,000 or a whole multiple of $1,000,000 in excess thereof. Each Revolving Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Revolver Borrowing, a conversion of Revolving Loans from one Type
to the other, or a continuation of Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Revolving Loans to be borrowed,
converted or continued, (iv) the Type of Revolving Loans to be borrowed or to which existing Revolving Loans are to be converted, and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to
specify a Type of Revolving Loan in a Revolving Loan Notice or if the Borrower fails to give a timely notice requesting a conversion or continuation, then the applicable Revolving Loans shall be made as, or converted to, Base Rate Loans. Any such
automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of
Eurodollar Rate Loans in any such Revolving Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified an Interest Period of one month. 

(b)    Following receipt of a Revolving Loan Notice, the Administrative Agent shall promptly notify each Lender of the
amount of its Applicable Percentage of the applicable Revolving Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Lender of the details of any automatic conversion
to Base Rate Loans described in the preceding subsection. In the case of a Revolver Borrowing, each Lender shall make the amount of its Revolving Loan available to the Administrative Agent in immediately available funds at the Administrative
Agent’s Office not later than 2:00 p.m. on the Business Day specified in the applicable Revolving Loan Notice. On and after the Closing Date and upon satisfaction of the applicable conditions set forth in Section 4.02,
the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent either by (i) crediting the account of the Borrower on the books of the Administrative Agent with the
amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower; provided, however, that if, on the date
the Revolving Loan Notice with respect to such Borrowing is given by the Borrower, there are L/C Borrowings outstanding, then the proceeds of such Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings, and
second, shall be made available to the Borrower as provided above. 
 (c)    Except as otherwise provided herein,
a Eurodollar Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurodollar Rate Loan. During the existence of a Default or an Event of Default, no Loans may be requested as Eurodollar Rate Loans without the
consent of the Required Lenders. During the existence of an Event of Default, no Loans may be converted to or continued as Eurodollar Rate Loans without the consent of the Required Lenders. 

  
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 (d)    The Administrative Agent shall promptly notify the Borrower and
the Lenders of the interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and the
Lenders of any change in the Administrative Agent’s prime rate used in determining the Base Rate promptly following the public announcement of such change. 

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

2.03.    [Intentionally Omitted]. 

2.04.    Letters of Credit. 

(a)    The Letter of Credit Commitment. 

(i)    Subject to the terms and conditions set forth herein, (A) each L/C Issuer agrees, in reliance upon the
agreements of the Lenders set forth in this Section 2.04, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue Letters of Credit in an
aggregate amount not exceeding its respective portion of the Letter of Credit Sublimit for the account of the Borrower or the Borrower on behalf of its Subsidiaries, and to amend Letters of Credit previously issued by it, in accordance with
subsection (b) below, and (2) to honor drawings under the Letters of Credit, notwithstanding that such Letters of Credit, when aggregated with the Applicable Percentage of the Outstanding Amount of Revolving Loans and Swing Line Loans of
the Lender acting as L/C Issuer, may exceed the amount of such Lender’s Commitment; and (B) the Lenders severally agree to participate in Letters of Credit issued for the account of the Borrower or the Borrower on behalf of its
Subsidiaries and any drawings thereunder; provided that after giving effect to any L/C Credit Extension with respect to any Letter of Credit, (x) the Total Outstandings shall not exceed the Aggregate Commitments, (y) the aggregate
Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all
Swing Line Loans shall not exceed such Lender’s Commitment, and (z) the Outstanding Amount of the L/C Obligations shall not exceed the Letter of Credit Sublimit. Each request by the Borrower for the issuance or amendment of a Letter of
Credit shall be deemed to be a representation by the Borrower that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and
conditions hereof, the Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have
been drawn upon and reimbursed. 

  
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 (ii)    No L/C Issuer shall issue any Letter of Credit if: 

(A)    Subject to Section 2.04(b)(iii), the expiry date of the requested Letter
of Credit would occur more than twelve months after the date of issuance or last extension, unless the Required Lenders have approved such expiry date; or 

(B)    the expiry date of the requested Letter of Credit would occur after the Letter of Credit Expiration
Date, unless all the Lenders have approved such expiry date. 
 (iii)    No L/C Issuer shall be under any obligation to
issue any Letter of Credit if: 
 (A)    any order, judgment or decree of any Governmental Authority or
arbitrator shall by its terms purport to enjoin or restrain such L/C Issuer from issuing the Letter of Credit, or any Law applicable to such L/C Issuer or any request or directive (whether or not having the force of law) from any Governmental
Authority with jurisdiction over such L/C Issuer shall prohibit, or request that such L/C Issuer refrain from, the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon such L/C Issuer with respect to the
Letter of Credit any restriction, reserve or capital requirement (for which such L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon such L/C Issuer any unreimbursed loss, cost or expense which
was not applicable on the Closing Date and which such L/C Issuer in good faith deems material to it; 

(B)    the issuance of the Letter of Credit would violate one or more policies of such L/C Issuer
applicable to letters of credit generally; 
 (C)    except as otherwise agreed by the Administrative
Agent and such L/C Issuer, the Letter of Credit is in an initial stated amount less than $100,000, in the case of a commercial Letter of Credit, or $500,000, in the case of a standby Letter of Credit; 

(D)    the Letter of Credit is to be denominated in a currency other than Dollars; 

(E)    any Lender is at that time a Defaulting Lender, unless such L/C Issuer has entered into
arrangements, including the delivery of Cash Collateral, satisfactory to such L/C Issuer (in its sole discretion) with the Borrower or such Lender to eliminate such L/C Issuer’s actual or potential Fronting Exposure (after giving effect to
Section 2.18(a)(iv)) with respect to the Defaulting Lender arising from either such Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which such L/C Issuer has actual
or potential Fronting Exposure, as it may elect in its sole discretion; or 
 (F)    the Letter of
Credit contains any provisions for automatic reinstatement of the stated amount after any drawing thereunder. 

  
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 (iv)    Such L/C Issuer shall not amend any Letter of Credit if such
L/C Issuer would not be permitted at such time to issue the Letter of Credit in its amended form under the terms hereof. 

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

(vi)    Such L/C Issuer shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the
documents associated therewith, and such L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in ARTICLE IX with respect to any acts taken or omissions suffered by such L/C Issuer in
connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in ARTICLE IX included such L/C Issuer
with respect to such acts or omissions, and (B) as additionally provided herein with respect to such L/C Issuer. 

(b)    Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of Credit. 

(i)    Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the Borrower delivered to
an L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower. Such Letter of Credit Application must be received by such L/C Issuer
and the Administrative Agent not later than 12:00 p.m. at least two Business Days (or such later date and time as the Administrative Agent and such L/C Issuer may agree in a particular instance in their sole discretion) prior to the proposed
issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail reasonably satisfactory to such L/C Issuer:
(A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary thereof; (E) the documents to be
presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature of the requested Letter of Credit; and
(H) such other matters as such L/C Issuer may reasonably require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail reasonably satisfactory to such
L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such other matters as such L/C Issuer may reasonably
require. Additionally, the Borrower shall furnish to such L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter of Credit issuance or amendment, including any Issuer Documents, as such
L/C Issuer or the Administrative Agent may reasonably require. 
 (ii)    Unless such L/C Issuer has received written
notice from any Lender, the Administrative Agent or the Borrower, at least one Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions

  
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contained in Section 4.02 shall not then be satisfied, then, subject to the terms and conditions hereof, such L/C Issuer shall, on the requested date, issue a Letter of Credit for the
account of the Borrower or enter into the applicable amendment, as the case may be, in each case in accordance with such L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each Letter of Credit, each Lender
shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from such L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such Lender’s Applicable Percentage times the
amount of such Letter of Credit. 
 (iii)    If the Borrower so requests in any applicable Letter of Credit
Application, the L/C Issuer may, in its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”); provided that any such Auto-Extension Letter of
Credit must permit the L/C Issuer to prevent any such extension at least once in each twelve-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (the
“Non-Extension Notice Date”) in each such twelve-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the L/C Issuer, the Borrower shall not
be required to make a specific request to the L/C Issuer for any such extension. Once an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the L/C Issuer to permit the extension of
such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date; provided, however, that the L/C Issuer shall not permit any such extension if (A) the L/C Issuer has determined that it would
not be permitted, or would have no obligation, at such time to issue such Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of
Section 2.04(a) or otherwise), or (B) it has received notice (which may be by telephone or in writing) on or before the day that is seven Business Days before the Non-Extension
Notice Date from the Administrative Agent, any Lender or the Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied and directing the L/C Issuer not to permit such extension.

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

(c)    Drawings and Reimbursements; Funding of Participations. 

(i)    Upon receipt from the beneficiary of any Letter of Credit of any notice of a drawing under such Letter of Credit,
the applicable L/C Issuer shall notify the Borrower and the Administrative Agent thereof. Not later than (A) in the case of any payment made prior to 11:00 a.m. on any date by an L/C Issuer under a Letter of Credit, 3:00 p.m. on such date and
(B) in the case of any payment made on or after 11:00 a.m. on any date by an L/C Issuer under a Letter of Credit, 11:00 a.m. on the first Business Day following such date (each such date, an “Honor Date”), the Borrower shall
reimburse such L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing. If the Borrower fails to so reimburse such L/C Issuer by such time, the Administrative Agent shall promptly notify each Lender of the Honor
Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such Lender’s Applicable Percentage thereof. In such event, the Borrower shall be deemed to have

  
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requested a Revolver Borrowing of Base Rate Loans to be disbursed on the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in
Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Aggregate Commitments and the conditions set forth in Section 4.02 (other than
the delivery of a Revolving Loan Notice). Any notice given by such L/C Issuer or the Administrative Agent pursuant to this Section 2.04(c)(i) may be given by telephone if immediately confirmed in writing; provided
that the lack of such an immediate confirmation shall not affect the conclusiveness or binding effect of such notice. 

(ii)    Each Lender shall upon any notice pursuant to Section 2.04(c)(i) make funds available
(and the Administrative Agent may apply Cash Collateral provided for this purpose) for the account of any L/C Issuer at the Administrative Agent’s Office in an amount equal to its Applicable Percentage of the Unreimbursed Amount not later than
1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.04(c)(iii), each Lender that so makes funds available shall be deemed to have made a Base
Rate Revolving Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the applicable L/C Issuer. 

(iii)    With respect to any Unreimbursed Amount that is not fully refinanced by a Revolver Borrowing of Base Rate Loans
because the conditions set forth in Section 4.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have incurred from the applicable L/C Issuer an L/C Borrowing in the amount of the Unreimbursed
Amount that is not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Lender’s payment to the Administrative Agent for the account of
such L/C Issuer pursuant to Section 2.04(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in satisfaction of its participation
obligation under this Section 2.04. 
 (iv)    Until each Lender funds its Revolving Loan or
L/C Advance pursuant to this Section 2.04(c) to reimburse the applicable L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable Percentage of such amount shall be
solely for the account of such L/C Issuer. 
 (v)    Each Lender’s obligation to make Revolving Loans or L/C
Advances to reimburse the L/C Issuers for amounts drawn under Letters of Credit, as contemplated by this Section 2.04(c), shall be absolute and unconditional and shall not be affected by any circumstance, including
(A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against any L/C Issuer, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any
other occurrence, event or condition, whether or not similar to any of the foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.04(c) is subject
to the conditions set forth in Section 4.02 (other than delivery by the Borrower of a Revolving Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrower to reimburse
any L/C Issuer for the amount of any payment made by such L/C Issuer under any Letter of Credit, together with interest as provided herein. 

  
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 (vi)    If any Lender fails to make available to the Administrative
Agent for the account of any L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(ii),
then, without limiting the other provisions of this Agreement, such L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such
payment is required to the date on which such payment is immediately available to such L/C Issuer at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by such L/C Issuer in accordance with banking industry rules
on interbank compensation, plus any administrative, processing or similar fees customarily charged by such L/C Issuer in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall
constitute such Lender’s Revolving Loan included in the relevant Revolver Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of such L/C Issuer submitted to any Lender (through the
Administrative Agent) with respect to any amounts owing under this clause (vi) shall be conclusive absent manifest error. 

(d)    Repayment of Participations. 

(i)    At any time after any L/C Issuer has made a payment under any Letter of Credit and has received from any Lender
such Lender’s L/C Advance in respect of such payment in accordance with Section 2.04(c), if the Administrative Agent receives for the account of such L/C Issuer any payment in respect of the related Unreimbursed Amount
or interest thereon (whether directly from the Borrower or otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Lender its Applicable Percentage thereof in
the same funds as those received by the Administrative Agent. 
 (ii)    If any payment received by the Administrative
Agent for the account of any L/C Issuer pursuant to Section 2.04(c)(i) is required to be returned under any of the circumstances described in Section 10.05 (including pursuant to any settlement
entered into by such L/C Issuer in its discretion), each Lender shall pay to the Administrative Agent for the account of such L/C Issuer its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of
such demand to the date such amount is returned by such Lender, at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations
and the termination of this Agreement. 
 (e)    Obligations Absolute. The obligation of the Borrower to
reimburse each L/C Issuer for each drawing under each Letter of Credit issued by such L/C Issuer and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this
Agreement under all circumstances, including the following: 
 (i)    any lack of validity or enforceability of such
Letter of Credit, this Agreement, or any other Loan Document; 
 (ii)    the existence of any claim, counterclaim,
setoff, defense or other right that the Borrower or any Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be

  
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acting), such L/C Issuer or any other Person, whether in connection with this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating
thereto, or any unrelated transaction; 
 (iii)    any draft, demand, certificate or other document presented under
such Letter of Credit proving to be forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of any document required in
order to make a drawing under such Letter of Credit; 
 (iv)    any payment by such L/C Issuer under such Letter of
Credit against presentation of a draft or certificate that does not strictly comply with the terms of such Letter of Credit so long as it materially complies on its face; or any payment made by such L/C Issuer under such Letter of Credit to any
Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or
successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; or 

(v)    any other circumstance or happening whatsoever, whether or not similar to any of the foregoing, including any
other circumstance that might otherwise constitute a defense available to, or a discharge of, the Borrower or any Subsidiary. 
 The
Borrower shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered to it and, in the event of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will notify
the applicable L/C Issuer as soon as practicable but, in any event, within 10 days of such examination. The Borrower shall be conclusively deemed to have waived any such claim against each L/C Issuer and its correspondents unless such notice is
given as aforesaid. 
 (f)    Role of L/C Issuer. Each Lender and the Borrower agree that, in paying any drawing
under a Letter of Credit, no L/C Issuer shall have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the Letter of Credit) or to ascertain or inquire as to the validity or
accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuers, the Administrative Agent, any of their respective Related Parties nor any correspondent, participant or assignee of any
L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Lenders or the Required Lenders, as applicable; (ii) any action taken or omitted in the absence
of gross negligence or willful misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any document or instrument related to any Letter of Credit or Issuer Document. The Borrower hereby assumes all risks of the acts
or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided, however, that this assumption is not intended to, and shall not, preclude the Borrower’s pursuing such rights and remedies as
it may have against the beneficiary or transferee at law or under any other agreement. None of the L/C Issuers, the Administrative Agent, any of their respective Related Parties nor any correspondent, participant or assignee of any L/C Issuer shall
be liable or responsible for any of the matters described in clauses (i) through (v) of Section 2.04(e); provided, however, that anything in such clauses to the contrary notwithstanding, the Borrower may
have a claim against an L/C Issuer, and an L/C Issuer may be liable to the Borrower, 

  
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to the extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages suffered by the Borrower which the Borrower proves were caused by such L/C Issuer’s
willful misconduct or gross negligence or such L/C Issuer’s willful or grossly negligent failure to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight draft and certificate(s) strictly complying with the
terms and conditions of a Letter of Credit. In furtherance and not in limitation of the foregoing, the L/C Issuers may accept documents that appear on their face to be in order, without responsibility for further investigation, regardless of
any notice or information to the contrary, and the L/C Issuers shall not be responsible for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits
thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason. 

(g)    Applicability of ISP and UCP. Unless otherwise expressly agreed by the applicable L/C Issuer and the
Borrower when a Letter of Credit is issued, (i) the rules of the ISP shall apply to each standby Letter of Credit, and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the
International Chamber of Commerce at the time of issuance shall apply to each commercial Letter of Credit. 

(h)    Letter of Credit Fees. The Borrower shall pay to the Administrative Agent for the account of each Lender in
accordance with its Applicable Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit equal to the Applicable Margin for Eurodollar Rate Loans times the daily amount available to be
drawn under such Letter of Credit; provided, however, any Letter of Credit Fees otherwise payable for the account of a Defaulting Lender with respect to any Letter of Credit as to which such Defaulting Lender has not provided Cash Collateral
satisfactory to the applicable L/C Issuer pursuant to this Section 2.04 shall be payable, to the maximum extent permitted by applicable Law, to the other Lenders in accordance with the upward adjustments in their respective
Applicable Percentages allocable to such Letter of Credit pursuant to Section 2.18(a)(iv), with the balance of such fee, if any, payable to such L/C Issuer for its own account. For purposes of computing the daily amount
available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first Business Day
after the end of each calendar quarter, commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in
arrears. If there is any change in the Applicable Margin applicable to Eurodollar Rate Loans during any quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Margin applicable
to Eurodollar Rate Loans separately for each period during such quarter that such Applicable Margin applicable to Eurodollar Rate Loans was in effect. Notwithstanding anything to the contrary contained herein, upon the request of the Required
Lenders, while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate. 

(i)    Fronting Fee and Documentary and Processing Charges Payable to L/C Issuers. The Borrower shall pay directly
to each L/C Issuer for its own account a fronting fee with respect to each Letter of Credit issued by such L/C Issuer, at the rate per annum separately agreed by the Borrower and the L/C Issuers, computed on the daily amount available to be drawn
under such Letter of Credit on a quarterly basis in arrears. Such fronting fee shall be due and payable on the first Business Day after the end of each calendar quarter, commencing with the first such date to

  
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occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any
Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. In addition, the Borrower shall pay directly to each L/C Issuer for its own account the customary issuance,
presentation, amendment and other processing fees, and other standard costs and charges, of such L/C Issuer relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on
demand and are nonrefundable. 
 (j)    Conflict with Issuer Documents. In the event of any conflict between the
terms hereof and the terms of any Issuer Document, the terms hereof shall control. 
 (k)    Letters of Credit Issued
for Subsidiaries. Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the Borrower shall be obligated to reimburse the L/C Issuer hereunder for any
and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Borrower, and that the Borrower’s business derives substantial
benefits from the businesses of such Subsidiaries. 
 2.05.    Swing Line Loans. 

(a)    The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line Lender, in reliance upon
the agreements of the other Lenders set forth in this Section 2.05, shall make loans in Dollars (each such loan, a “Swing Line Loan”) to the Borrower from time to time on any Business Day during the
Availability Period in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of
Revolving Loans and L/C Obligations of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Commitment; provided, however, that after giving effect to any Swing Line Loan, (i) the Total Outstandings
shall not exceed the Aggregate Commitments, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such
Lender’s Applicable Percentage of the Outstanding Amount of all Swing Line Loans shall not exceed such Lender’s Commitment, and provided, further, that the Borrower shall not use the proceeds of any Swing Line Loan to
refinance any outstanding Swing Line Loan. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.05, prepay under
Section 2.06, and reborrow under this Section 2.05. Each Swing Line Loan shall be a Base Rate Loan. Immediately upon the making of a Swing Line Loan, each Lender shall be deemed to, and hereby
irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk participation in such Swing Line Loan in an amount equal to the product of such Lender’s Applicable Percentage times the amount of such Swing Line
Loan. 
 (b)    Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Borrower’s
irrevocable notice to the Swing Line Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing
date, and shall specify (i) the amount to be borrowed, which shall be a minimum of $1,000,000 and increments of 

  
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$1,000,000 in excess thereof, and (ii) the requested borrowing date, which shall be a Business Day. Each such telephonic notice must be confirmed promptly by delivery to the Swing Line
Lender and the Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Promptly after receipt by the Swing Line Lender of any telephonic Swing Line Loan Notice, the Swing
Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing Line Lender will notify the Administrative Agent (by telephone or
in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any Lender) prior to 2:00 p.m. on the date of the proposed Swing Line
Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the first proviso to the first sentence of Section 2.05(a), or (B) that one or more of the
applicable conditions specified in Section 4.02 is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swing
Line Loan Notice, make the amount of its Swing Line Loan available to the Borrower at its office by crediting the account of the Borrower on the books of the Swing Line Lender in immediately available funds. 

(c)    Refinancing of Swing Line Loans. 

(i)    The Swing Line Lender at any time in its sole discretion may request, on behalf of the Borrower (which hereby
irrevocably authorizes the Swing Line Lender to so request on its behalf), that each Lender make a Base Rate Revolving Loan in an amount equal to such Lender’s Applicable Percentage of the amount of Swing Line Loans then outstanding. Such
request shall be made in writing (which written request shall be deemed to be a Revolving Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples
specified therein for the principal amount of Base Rate Loans, but subject to the unutilized portion of the Aggregate Commitments and the conditions set forth in Section 4.02. The Swing Line Lender shall furnish the
Borrower with a copy of the applicable Revolving Loan Notice promptly after delivering such notice to the Administrative Agent. Each Lender shall make an amount equal to its Applicable Percentage of the amount specified in such Revolving Loan Notice
available to the Administrative Agent in immediately available funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Swing Line Loan) for the account of the Swing Line Lender at the Administrative
Agent’s Office not later than 1:00 p.m. on the day specified in such Revolving Loan Notice, whereupon, subject to Section 2.05(c)(ii), each Lender that so makes funds available shall be deemed to have made a Base Rate
Revolving Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the Swing Line Lender. 

(ii)    If for any reason any Swing Line Loan cannot be refinanced by such a Revolver Borrowing in accordance
with Section 2.05(c)(i), the request for Base Rate Revolving Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender that each of the Lenders fund its risk
participation in the relevant Swing Line Loan and each Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to Section 2.05(c)(i) shall be deemed payment in respect of such
participation. 

  
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 (iii)    If any Lender fails to make available to the Administrative
Agent for the account of the Swing Line Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.05(c) by the time specified in
Section 2.05(c)(i), the Swing Line Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is
required to the date on which such payment is immediately available to the Swing Line Lender at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the Swing Line Lender in accordance with banking industry rules
on interbank compensation, plus any administrative, processing or similar fees customarily charged by the Swing Line Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid
shall constitute such Lender’s Revolving Loan included in the relevant Revolver Borrowing or funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any Lender (through the
Administrative Agent) with respect to any amounts owing under this clause (iii) shall be conclusive absent manifest error. 

(iv)    Each Lender’s obligation to make Revolving Loans or to purchase and fund risk participations in Swing Line
Loans pursuant to this Section 2.05(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which such Lender may
have against the Swing Line Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any of the
foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.05(c) is subject to the conditions set forth in Section 4.02. No
such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein. 

(d)    Repayment of Participations. 

(i)    At any time after any Lender has purchased and funded a risk participation in a Swing Line Loan, if the Swing Line
Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Lender its Applicable Percentage thereof in the same funds as those received by the Swing Line Lender. 

(ii)    If any payment received by the Swing Line Lender in respect of principal or interest on any Swing Line Loan is
required to be returned by the Swing Line Lender under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the Swing Line Lender in its discretion), each Lender shall
pay to the Swing Line Lender its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The
Administrative Agent will make such demand upon the request of the Swing Line Lender. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Agreement. 

(e)    Interest for Account of Swing Line Lender. The Swing Line Lender shall be responsible for invoicing the
Borrower for interest on the Swing Line Loans. Until each Lender funds its Base Rate Revolving Loan or risk participation pursuant to this Section 2.05 to refinance such Lender’s Applicable Percentage of any Swing Line
Loan, interest in respect of such Applicable Percentage shall be solely for the account of the Swing Line Lender. 

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

2.06.    Prepayments. 

(a)    The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay
Revolving Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Administrative Agent not later than 2:00 p.m. (A) three Business Days prior to any date of prepayment of
Eurodollar Rate Loans and (B) on the date of prepayment of Base Rate Revolving Loans; (ii) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof; and
(iii) any prepayment of Base Rate Revolving Loans shall be in a principal amount of $10,000,000 or a whole multiple of $1,000,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such
notice shall specify the date and amount of such prepayment and the Type(s) of Revolving Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each
Lender of its receipt of each such notice, and of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such
notice shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to
Section 3.05. Subject to Section 2.18, each such prepayment shall be applied to the Revolving Loans of the Lenders in accordance with their respective Applicable Percentages. 

(b)    The Borrower may, upon notice to the Swing Line Lender (with a copy to the Administrative Agent), at any time or
from time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that (i) such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the
date of the prepayment, and (ii) any such prepayment shall be in a minimum principal amount of $500,000 and in increments of $100,000 in excess thereof or in the full amount of the Swing Line Loan. Each such notice shall specify the date and
amount of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. 

(c)    If for any reason the Total Outstandings at any time exceed the Aggregate Commitments then in effect, the Borrower
shall immediately prepay Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to
this Section 2.06(c) unless after the prepayment in full of the Revolving Loans and Swing Line Loans the Total Outstandings exceed the Aggregate Commitments then in effect. 

2.07.    Termination or Reduction of Commitments. The Borrower may, upon notice to the Administrative Agent,
terminate the Aggregate Commitments, or from time to time permanently reduce the Aggregate Commitments; provided that (i) any such notice shall be 

  
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received by the Administrative Agent not later than 11:00 a.m. two Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate
amount of $15,000,000 or any whole multiple of $2,500,000 in excess thereof, (iii) the Borrower shall not terminate or reduce the Aggregate Commitments if, after giving effect thereto and to any concurrent prepayments hereunder, the Total
Outstandings would exceed the Aggregate Commitments, and (iv) if, after giving effect to any reduction of the Aggregate Commitments, the Letter of Credit Sublimit or the Swing Line Sublimit exceeds the amount of the Aggregate Commitments, such
Letter of Credit Sublimit or Swing Line Sublimit, as the case may be, shall be automatically reduced by the amount of such excess. The Administrative Agent will promptly notify the Lenders of any such notice of termination or reduction of the
Aggregate Commitments. Any reduction of the Aggregate Commitments shall be applied to the Commitment of each Lender according to its Applicable Percentage. All fees accrued until the effective date of any termination of the Aggregate Commitments
shall be paid on the effective date of such termination. 
 2.08.    Repayment of Loans. 

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

2.09.    Interest. 

(a)    Subject to the provisions of subsection (b) below, (i) each Eurodollar Rate Loan shall bear interest on the
outstanding principal amount thereof for each Interest Period at a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Margin; (ii) each Base Rate Revolving Loan shall bear interest on the outstanding
principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin; and (iii) each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the
applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Margin. 
 (b)    (i) If
any amount of principal of any Loan is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum
at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 
 (ii)    If any amount
(other than principal of any Loan) payable by the Borrower under any Loan Document is not paid when due (without regard to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, then upon the request of the Required
Lenders, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

(iii)    Upon the request of the Required Lenders, while any Event of Default exists, the Borrower shall pay interest on
the principal amount of all outstanding Obligations hereunder at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

  
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 (iv)    Accrued and unpaid interest on past due amounts (including
interest on past due interest) shall be due and payable upon demand. 
 (c)    Interest on each Loan shall be due and
payable in arrears on each Interest Payment Date applicable thereto and at such other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after
the commencement of any proceeding under any Debtor Relief Law. 
 2.10.    Fees. In addition to certain
fees described in subsections (h) and (i) of Section 2.04: 
 (a)    Facility Fee.
In consideration of the Commitments made available by the Lenders hereunder, the Borrower agrees to pay to the Administrative Agent for the account of each Lender a fee (the “Facility Fee”) on such Lender’s Commitment amount
computed at a per annum rate for each day during the applicable Facility Fee Calculation Period (hereinafter defined) equal to the Applicable Facility Fee Rate. The Facility Fee shall commence to accrue on the Closing Date and shall be due and
payable in arrears on the last Business Day of each March, June, September and December (and the Maturity Date) for the immediately preceding calendar quarter (or portion thereof) (each such calendar quarter or portion thereof for which the Facility
Fee is payable hereunder being herein referred to as a “Facility Fee Calculation Period”), beginning with the first of such dates to occur after the Closing Date. The Facility Fee shall be calculated for actual days elapsed on the
basis of a 360-day year. 
 (b)    Other Fees. (i) The Borrower
shall pay to the Lead Arrangers and the Administrative Agent for their own respective accounts fees in the amounts and at the times specified in their respective Fee Letters. Such fees shall be fully earned when paid and shall not be refundable for
any reason whatsoever. 
 (ii)    The Borrower shall pay to the Lenders such fees as shall have been separately agreed
upon in writing in the amounts and at the times so specified. 
 2.11.    Computation of Interest and
Fees. All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other
computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided
that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.13(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be
conclusive and binding for all purposes, absent manifest error. 
 2.12.    Evidence of Debt. 

(a)    The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such
Lender in the ordinary course of business and by the Administrative Agent through the maintenance of a Register, on behalf of the Borrower, in accordance with the provisions of Section 10.06(c). The accounts or records
maintained by the 

  
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Administrative Agent and each Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon.
Any failure to so record or any error in doing so shall not, however, limit or otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and
records maintained by any Lender and the Register, the Register shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute and deliver to such Lender (through the
Administrative Agent) a Note payable to such Lender (or to such Lender and its registered assigns), which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse
thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto. 
 (b)    In
addition to the accounts and records referred to in subsection (a), each Lender shall maintain in accordance with its usual practice and the Administrative Agent shall also reflect in the Register, on behalf of the Borrower, accounts or records
evidencing the purchases and sales by such Lender of participations in Letters of Credit and Swing Line Loans. In the event of any conflict between the Register and the accounts and records of any Lender in respect of such matters, the Register
shall control in the absence of manifest error. 
 2.13.    Payments Generally; Administrative
Agent’s Clawback. 
 (a)    General. All payments to be made by the Borrower shall
be made without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the
respective Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to
each Lender its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m.
shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next
following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be. 

(b)    (i) Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have
received notice from a Lender prior to the proposed date of any Revolver Borrowing of Eurodollar Rate Loans (or, in the case of any Revolver Borrowing of Base Rate Loans, prior to 1:00 p.m. on the date of such Revolver Borrowing) that such Lender
will not make available to the Administrative Agent such Lender’s share of such Revolver Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with
Section 2.02 (or, in the case of a Revolver Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in
reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Revolver Borrowing available to the Administrative Agent, then the applicable Lender
and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding 

  
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amount in immediately available funds with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the
Administrative Agent, at (A) in the case of a payment to be made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, plus
any administrative, processing or similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If
the Borrower and such Lender shall pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period.
If such Lender pays its share of the applicable Revolver Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Revolving Loan included in such Revolver Borrowing. Any payment by the Borrower shall be
without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(ii)    Payments by Borrower; Presumptions by Administrative Agent. Unless the Administrative Agent shall have
received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders or any L/C Issuers hereunder that the Borrower will not make such payment, the Administrative Agent may assume
that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or such L/C Issuer, as the case may be, the amount due. In such event, if the Borrower has not in fact
made such payment, then each of the Lenders or the L/C Issuers, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or such L/C Issuer, in immediately available funds
with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation. 
 A notice of the Administrative Agent to any Lender or the
Borrower with respect to any amount owing under this subsection (b) shall be conclusive, absent manifest error. 

(c)    Failure to Satisfy Conditions Precedent. If any Lender makes available to the Administrative Agent funds for
any Loan to be made by such Lender as provided in the foregoing provisions of this ARTICLE II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit Extension set
forth in Section 4.02 are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as received from such Lender) to such Lender, without interest. 

(d)    Obligations of Lenders Several. The obligations of the Lenders hereunder to make Revolving Loans, to fund
participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 10.04(c) are several and not joint. The failure of any Lender to make any Revolving Loan, to fund any such participation or
to make any payment under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any
other Lender to so make its Revolving Loan, to purchase its participation or to make its payment under Section 10.04(c). 

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

2.14.    Sharing of Payments by Lenders. If any Lender shall, by exercising any right of setoff or
counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of the Revolving Loans made by it, or the participations in L/C Obligations or in Swing Line Loans held by it resulting in such Lender’s receiving
payment of a proportion of the aggregate amount of such Revolving Loans or participations and accrued interest thereon greater than its pro rata share thereof as provided herein, then the Lender receiving such greater proportion shall
(a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Revolving Loans and subparticipations in L/C Obligations and Swing Line Loans of the other Lenders, or make such other
adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Revolving Loans and other amounts
owing them, provided that: 
 (i)    if any such participations or subparticipations are purchased and all or
any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and the purchase price restored to the extent of such recovery, without interest; and 

(ii)    the provisions of this Section shall not be construed to apply to (x) any payment made by or on behalf of
the Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the existence of a Defaulting Lender), (y) the application of Cash Collateral provided for in
Section 2.17, or (z) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Revolving Loans or subparticipations in L/C Obligations or Swing Line Loans to any
assignee or participant, other than an assignment to the Borrower or any Subsidiary thereof (as to which the provisions of this Section shall apply). 

The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable law, that any Lender acquiring a
participation pursuant to the foregoing arrangements may exercise against the Borrower rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in the amount of such
participation. 
 2.15.    [Intentionally Omitted]. 

2.16.    Increase in Commitments. At any time the Borrower may, on the terms set forth below, request that
the Aggregate Commitments hereunder be increased; provided, that (i) the Aggregate Commitments hereunder at no time shall exceed $1,500,000,000, (ii) each such request shall be in a minimum amount of at least $10,000,000 and in increments of
$5,000,000 in excess thereof, (iii) an increase in the Aggregate Commitments hereunder may only be made at a time 

  
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when no Default or Event of Default shall have occurred and be continuing, and (iv) no Lender’s Commitment shall be increased under this Section 2.16 without
its consent. In the event of such a requested increase in the Aggregate Commitment, any financial institution which the Borrower invites to become a Lender or to increase its Commitment may set the amount of its Commitment at a level agreed to by
the Borrower; provided that if such financial institution is not an existing Lender, (x) the Administrative Agent shall have consented (such consent not to be unreasonably withheld) to such financial institution’s becoming a Lender
if such consent would be required under Section 10.06(b) for an assignment of Loans to such Person and (y) such financial institution shall not be any Person prohibited from taking an assignment of Loans pursuant to
Section 10.06(b)(v). In the event that the Borrower and one or more of the Lenders (or other financial institutions) shall agree upon such an increase in the Aggregate Commitments (i) the Borrower, the Administrative
Agent and each Lender or other financial institution increasing its Commitment or extending a new Commitment shall enter into an amendment to this Agreement setting forth the amounts of the Commitments, as so increased, providing that the financial
institutions extending new Commitments shall be Lenders for all purposes under this Agreement, and setting forth such additional provisions as the Administrative Agent shall consider reasonably appropriate to effectuate the provisions of this
Section 2.16 and (ii) the Borrower shall furnish, if requested, a new Note to each financial institution that is extending a new Commitment or increasing its Commitment. No such amendment shall require the approval or
consent of any Lender whose Commitment is not being increased. Upon the execution and delivery of such amendment as provided above, and upon satisfaction of such other conditions as the Administrative Agent may reasonably specify upon the request of
the financial institutions that are extending new Commitments (including, without limitation, the Administrative Agent administering the reallocation of any outstanding Loans ratably among the Lenders after giving effect to each such increase in the
Aggregate Commitments, and the delivery of certificates, evidence of corporate authority and legal opinions on behalf of the Borrower), this Agreement shall be deemed to be amended accordingly. 

2.17.    Cash Collateral. 

(a)    Certain Credit Support Events. Upon the request of the Administrative Agent or any L/C Issuer (i) if
such L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing, or (ii) if, as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains
outstanding, the Borrower shall, in each case, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations. At any time that there shall exist a Defaulting Lender, immediately upon the request of the Administrative Agent, any
L/C Issuer or the Swing Line Lender, the Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all Fronting Exposure (after giving effect to Section 2.18(a)(iv) and any Cash
Collateral provided by the Defaulting Lender). 
 (b)    Grant of Security Interest. All Cash Collateral (other
than credit support not constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts at U.S. Bank. The Borrower, and to the extent provided by any Lender, such
Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuers and the Lenders (including the Swing Line Lender), and agrees to maintain, a first priority security
interest in all such cash, deposit accounts and all 

  
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balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to which such Cash Collateral may be
applied pursuant to Section 2.17(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent as herein provided, or that the
total amount of such Cash Collateral is less than the applicable Fronting Exposure and other obligations secured thereby, the Borrower or the relevant Defaulting Lender will, promptly upon demand by the Administrative Agent, pay or provide to the
Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency. 

(c)    Application. Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral provided
under any of this Section 2.17 or Sections 2.04, 2.05, 2.06, 2.18 or 8.02 in respect of Letters of Credit or Swing Line Loans shall be held and applied to the satisfaction of the specific
L/C Obligations, Swing Line Loans, obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so
provided, prior to any other application of such property as may be provided for herein. 
 (d)    Release. Cash
Collateral (or the appropriate portion thereof) provided to reduce Fronting Exposure or other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving rise thereto
(including by the termination of Defaulting Lender status of the applicable Lender (or, as appropriate, its assignee following compliance with Section 10.06(b)(vi))) or (ii) the Administrative Agent’s good faith
determination that there exists excess Cash Collateral; provided, however, (x) that Cash Collateral furnished by or on behalf of the Borrower shall not be released during the continuance of a Default or Event of Default (and following
application as provided in this Section 2.17 may be otherwise applied in accordance with Section 8.03), and (y) the Person providing Cash Collateral and the applicable L/C Issuer or Swing Line
Lender, as applicable, may agree that Cash Collateral shall not be released but instead held to support future anticipated Fronting Exposure or other obligations. 

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

(i)    Waivers and Amendments. That Defaulting Lender’s right to approve or disapprove any amendment, waiver
or consent with respect to this Agreement shall be restricted as set forth in Section 10.01. 

(ii)    Reallocation of Payments. Any payment of principal, interest, fees or other amounts received by the
Administrative Agent for the account of that Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to ARTICLE VIII or otherwise, and including any amounts made available to the Administrative Agent by that Defaulting Lender
pursuant to Section 10.08), shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by that Defaulting Lender to the
Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by that Defaulting Lender to the L/C Issuers or Swing Line Lender hereunder; third, if so determined by the Administrative Agent or
requested by any L/C Issuer or Swing Line Lender, to 

  
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be held as Cash Collateral for future funding obligations of that Defaulting Lender of any participation in any Swing Line Loan or Letter of Credit; fourth, as the Borrower may request (so
long as no Default or Event of Default exists), to the funding of any Loan in respect of which that Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent; fifth, if
so determined by the Administrative Agent and the Borrower, to be held in a non-interest bearing deposit account and released in order to satisfy obligations of that Defaulting Lender to fund Loans under
this Agreement; sixth, to the payment of any amounts owing to the Lenders, the L/C Issuers or Swing Line Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, any L/C Issuer or Swing Line Lender
against that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under this Agreement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a
result of any judgment of a court of competent jurisdiction obtained by the Borrower against that Defaulting Lender as a result of that Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to that Defaulting
Lender or as otherwise directed by a court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect of which that Defaulting Lender has not fully funded
its appropriate share and (y) such Loans or L/C Borrowings were made at a time when the conditions set forth in Section 4.02 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and L/C
Borrowings owed to, all non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Borrowings owed to, that Defaulting Lender. Any payments, prepayments or other
amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.18(a)(ii) shall be deemed paid to and redirected by
that Defaulting Lender, and each Lender irrevocably consents hereto. 
 (iii)    Certain Fees. That Defaulting
Lender (x) shall not be entitled to receive any Facility Fee pursuant to Section 2.10(a) for any period during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that
otherwise would have been required to have been paid to that Defaulting Lender) and (y) shall be limited in its right to receive Letter of Credit Fees as provided in Section 2.04(h). 

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

(b)    Defaulting Lender Cure. If the Borrower, the Administrative Agent, Swing Line Lender and the L/C Issuers
agree in writing in their sole discretion that a Defaulting Lender should no longer be deemed to be a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and
subject to any conditions 

  
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set forth therein (which may include arrangements with respect to any Cash Collateral), that Lender will, to the extent applicable, purchase that portion of outstanding Loans of the other Lenders
or take such other actions as the Administrative Agent may determine to be necessary to cause the Revolving Loans and funded and unfunded participations in Letters of Credit and Swing Line Loans to be held on a pro rata basis by the Lenders in
accordance with their Applicable Percentages (without giving effect to Section 2.18(a)(iv)), whereupon that Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with
respect to fees accrued or payments made by or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that subject to Section 10.19 and except to the extent otherwise
expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 

2.19.    Extension of Maturity Date. 

(a)    Requests for Extension. The Borrower may, by notice to the Administrative Agent (who shall promptly notify
the Lenders), at least sixty (60) days prior to the Maturity Date then in effect hereunder (the “Existing Maturity Date”), request that each Lender extend such Lender’s Maturity Date for an additional year from the
Existing Maturity Date; provided that no more than two such extensions shall be granted following the Closing Date. 

(b)    Lender Elections to Extend. Each Lender, acting in its sole and individual discretion, shall, by
notice to the Administrative Agent given no later than the date (the “Notice Date”) that is twenty (20) Business Days after the date the Administrative Agent notifies the Lender of such request, advise the Administrative Agent
whether or not such Lender agrees to such extension (and each Lender that determines not to so extend its Maturity Date (a “Non-Extending Lender”) shall notify the Administrative Agent
of such fact promptly after such determination (but in any event no later than the Notice Date)) and any Lender that does not so advise the Administrative Agent on or before the Notice Date shall be deemed to be a
Non-Extending Lender. The election of any Lender to agree to such extension shall not obligate any other Lender to so agree. 

(c)    Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each
Lender’s determination under this Section no later than the date that is ten (10) Business Days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the
Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension
Date”). 
 (d)    Additional Commitment Lenders. The Borrower shall have the right to replace each Non-Extending Lender with, and add as “Lenders” under this Agreement in place thereof, one or more Eligible Assignees (each, an “Additional Commitment Lender”) as provided in
Section 10.13; provided that each of such Additional Commitment Lenders shall enter into an Assignment and Assumption or other documentation reasonably satisfactory to the Administrative Agent and the Borrower
pursuant to which such Additional Commitment Lender shall undertake a Commitment that shall extend to the applicable extended Maturity Date (and, if any such Additional Commitment Lender is already a Lender, such Commitment shall be in addition to
such Lender’s Commitment hereunder immediately prior to such replacement). 

  
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 (e)    Minimum Extension Requirement. If (and only if) the
total of the Commitments of the Lenders that have agreed to so extend their Maturity Date (each, an “Extending Lender”) and the additional Commitments of the Additional Commitment Lenders party hereto on such Extension Date shall be
more than 50% of the aggregate amount of the Commitments in effect immediately prior to such Extension Date, then, effective as of such Extension Date, the Maturity Date of each Extending Lender and of each Additional Commitment Lender shall be
extended to the date falling one year after the Existing Maturity Date (except that, if such date is not a Business Day, such Maturity Date as so extended shall be the next preceding Business Day) and each Additional Commitment Lender shall
thereupon become a “Lender” for all purposes of this Agreement. Notwithstanding anything herein to the contrary, the Commitment of each Non-Extending Lender shall remain in full force and effect
until and shall terminate on the Existing Maturity Date for such Non-Extending Lender, unless such Non-Extending Lender is replaced prior to the Existing Maturity Date
by an Additional Commitment Lender as provided in clause (d) above. For the avoidance of doubt, any Additional Commitment Lender may also replace a Non-Extending Lender on or after any Extension Date as
provided in clause (d) above. 
 (f)    Conditions to Effectiveness of Extensions. As a condition precedent
to such extension, the Borrower shall deliver to the Administrative Agent a certificate of the Borrower dated as of such Extension Date (in sufficient copies for each Extending Lender and each Additional Commitment Lender) signed by a Responsible
Officer of the Borrower (i) certifying and attaching the resolutions adopted by the Borrower approving or consenting to such extension and (ii) certifying that as of such Extension Date, before and after giving effect to such extension,
(A) the representations and warranties contained in ARTICLE V (other than the representation and warranty in Section 5.05) are (i) with respect to
representations and warranties that contain a qualification as to materiality, true and correct in all respects (after giving effect to any such qualification therein), and (ii) with respect to representations and warranties that do not contain
a qualification as to materiality, true and correct in all material respects, in each case as of such Extension Date (except to the extent any such representation or warranty is stated to relate solely to an earlier date, in which case such
representation or warranty shall be true and correct in all material respects on and as of such earlier date, and except that for purposes of this Section 2.19, the representations and warranties contained in
Section 5.04 shall be deemed to refer to the most recent statements furnished pursuant to subsection (a) of Section 6.01), and (B) no Default exists. In addition, on the Maturity
Date of each Non-Extending Lender, the Borrower shall prepay any Loans outstanding on such date (and pay any additional amounts required pursuant to Section 3.05) to the extent
necessary to keep outstanding Loans ratable with any revised Applicable Percentages of the respective Lenders effective as of such date. 

(g)    Conflicting Provisions. This Section shall supersede any provisions in
Section 2.14 or 10.01 to the contrary. 

  
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 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 

3.01.    Taxes. 

(a)    Payments Free of Taxes; Obligation to Withhold; Payments on Account of Taxes. (i) Any and all payments
by or on account of any Obligation of the Borrower hereunder or under any other Loan Document shall, to the extent permitted by applicable Laws, be made free and clear of and without reduction or withholding for any Taxes. If, however, applicable
Laws require the Borrower or the Administrative Agent to withhold or deduct any Tax, such Tax shall be withheld or deducted in accordance with such Laws as determined by the Borrower or the Administrative Agent, as the case may be, upon the basis of
the information and documentation to be delivered pursuant to subsection (e) below. 
 (ii)    If the Borrower or
the Administrative Agent shall be required by applicable Law to withhold or deduct any Taxes from any payment, then (A) the Borrower or Administrative Agent, as applicable, shall withhold or make such deductions as are determined by the
Borrower or Administrative Agent to be required based upon the information and documentation received pursuant to subsection (e) below, (B) the Borrower or Administrative Agent, as applicable, shall timely pay the full amount withheld or
deducted to the relevant Governmental Authority in accordance with applicable Law, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes or Other Taxes, the sum payable by the Borrower shall be
increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section) the Administrative Agent, Lender or L/C Issuer, as the case may
be, receives an amount equal to the sum it would have received had no such withholding or deduction been made. 

(b)    Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above but
without duplication, the Borrower shall timely pay any Other Taxes to the relevant Governmental Authority in accordance with applicable Laws. 

(c)    Tax Indemnifications. (i) Without limiting the provisions of subsection (a) or (b) above but
without duplication, the Borrower shall indemnify the Administrative Agent, each Lender and each L/C Issuer, and shall make payment in respect thereof within 15 days after demand therefor is submitted in writing accompanied with a certificate
satisfying the requirement set forth below, for the full amount of any Indemnified Taxes or Other Taxes (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable under this Section) required to be withheld
or deducted by the Borrower or the Administrative Agent or paid by the Administrative Agent, such Lender or such L/C Issuer, as the case may be, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified
Taxes or Other Taxes were correctly imposed or asserted by the relevant Governmental Authority. A certificate setting forth in reasonable detail the basis and calculation of the amount of any such payment or liability delivered to the Borrower by a
Lender or an L/C Issuer (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or an L/C Issuer, shall be conclusive absent manifest error. 

  
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 (ii)    Without limiting the provisions of subsection (a) or (b)
above, each Lender and each L/C Issuer shall indemnify the Borrower and the Administrative Agent, and shall make payment in respect thereof within 10 days after demand therefor, against any and all Taxes and any and all related losses, claims,
liabilities, penalties, interest and expenses (including the fees, charges and disbursements of any counsel for the Borrower or the Administrative Agent) incurred by or asserted against the Borrower or the Administrative Agent by any
Governmental Authority as a result of the failure by such Lender or such L/C Issuer, as the case may be, to deliver, or as a result of the inaccuracy, inadequacy or deficiency of, any documentation required to be delivered by such Lender or such L/C
Issuer, as the case may be, to the Borrower or the Administrative Agent pursuant to subsection (e). Each Lender and each L/C Issuer hereby authorizes the Administrative Agent and the Borrower, as applicable, to set off and apply any and all amounts
at any time owing to such Lender or such L/C Issuer, as the case may be, under this Agreement or any other Loan Document against any amount due to the Administrative Agent or the Borrower, as the case may be, under this clause (ii). The agreements
in this clause (ii) shall survive the resignation and/or replacement of the Administrative Agent, any assignment of rights by, or the replacement of, a Lender or an L/C Issuer, the termination of the Aggregate Commitments and the repayment,
satisfaction or discharge of all other Obligations. 
 (d)    Evidence of Payments. Upon request by the
Borrower or the Administrative Agent, as the case may be, after any payment of Taxes by the Borrower or by the Administrative Agent to a Governmental Authority as provided in this Section 3.01, the Borrower shall deliver to
the Administrative Agent or the Administrative Agent shall deliver to the Borrower, as the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return required by
Laws to report such payment or other evidence of such payment reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be. 

(e)    Status of Lenders; Tax Documentation. (i) Each Lender and L/C Issuer and the Administrative Agent shall
deliver to the Borrower and to the Administrative Agent, on or before the date on which it becomes a party to this Agreement, whenever a lapse in time or change in circumstances of such Person renders such documentation obsolete or inaccurate, at
the time or times prescribed by applicable Laws or when reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation prescribed by applicable Laws or by the taxing authorities of any
jurisdiction and such other reasonably requested information as will permit the Borrower or the Administrative Agent, as the case may be, to determine (A) whether or not payments made hereunder or under any other Loan Document are subject to
Taxes, (B) if applicable, the required rate of withholding or deduction, and (C) such Person’s entitlement to any available exemption from, or reduction of, applicable Taxes in respect of all payments to be made to such Person by the
Borrower pursuant to this Agreement or otherwise to establish such Person’s status for withholding Tax purposes in the applicable jurisdiction. 

(ii)    Without limiting the generality of the foregoing, 

(A)    any Lender, L/C Issuer or Administrative Agent that is a “United States person” within
the meaning of Section 7701(a)(30) of the Code shall deliver to the Borrower and the Administrative Agent two properly completed and duly executed originals of Internal Revenue Service Form W-9 (or any
successor form) 

  
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and/or such other documentation or information prescribed by applicable Laws or reasonably requested by the Borrower or the Administrative Agent certifying to such Person’s exemption from
United States federal backup withholding; and 
 (B)    each Foreign Lender that is entitled under the
Code or any applicable treaty to an exemption from or reduction of withholding tax with respect to payments hereunder or under any other Loan Document shall deliver to the Borrower and the Administrative Agent (in such number of copies as shall be
requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the request of the Borrower or the Administrative Agent, but only if such Foreign Lender is
legally entitled to do so), whichever of the following is applicable: 
 (1)    two properly completed
and duly executed originals of Internal Revenue Service Form W-8BEN or Internal Revenue Service Form W-8BEN-E (or any successor
form) claiming eligibility for benefits of an income tax treaty to which the United States is a party, 

(2)    two properly completed and duly executed originals of Internal Revenue Service Form W-8ECI (or any successor form), 
 (3)    to the extent a Foreign
Lender is not the beneficial owner, executed copies of Internal Revenue Service Form W-8IMY, accompanied by Internal Revenue Service Form W-8ECI, Internal Revenue
Service Form W-8BEN, Internal Revenue Service Form W-8BEN-E or Internal Revenue Service Form
W-9, and/or other certification documents from each beneficial owner; provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming
the portfolio interest exemption, such Foreign Lender may provide a certificate described in Section 3.01(e)(ii)(B)(4) on behalf of each such direct and indirect partner as applicable, 

(4)    in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
section 881(c) of the Code, (x) a certificate to the effect that such Foreign Lender is not (A) a “bank” within the meaning of section 881(c)(3)(A) of the Code, (B) a “10 percent shareholder” of the Borrower
within the meaning of section 881(c)(3)(B) of the Code, or (C) a “controlled foreign corporation” described in section 881(c)(3)(C) of the Code and (y) executed originals of Internal Revenue Service Form W-8BEN or Internal Revenue Service Form W-8BEN-E, or 

(5)    properly completed and duly executed originals of any other form prescribed by applicable Laws as a
basis for claiming exemption from or a reduction in United States Federal withholding tax together with such supplementary documentation as may be prescribed by applicable Laws to permit the Borrower or the Administrative Agent to determine the
withholding or deduction required to be made. 

  
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 (iii)    Each Lender, L/C Issuer and Administrative Agent shall
promptly (A) notify the Borrower and the Administrative Agent of any change in circumstances which would modify or render invalid any claimed exemption or reduction, and (B) deliver to the Borrower and the Administrative Agent properly
completed and updated and duly executed originals of any previously delivered form or certification (or any applicable successor form) on or before the date that any such form of certification expires or becomes obsolete or inaccurate and promptly
after the occurrence of any event requiring a change in the most recent form previously delivered by it to the Borrower or the Administrative Agent unless such Person is not legally entitled to deliver such forms or certifications. Each Lender and
L/C Issuer shall take such steps as shall not be materially disadvantageous to it, in the reasonable judgment of such Person, and as may be reasonably necessary (including the re-designation of its Lending
Office) to avoid any requirement of applicable Laws of any jurisdiction that the Borrower or the Administrative Agent make any withholding or deduction for Taxes from amounts payable to such Lender or L/C Issuer; and 

(iv)    If a payment made to a Lender or L/C Issuer under any Loan Document would be subject to U.S. federal withholding
Tax imposed by FATCA if such Lender or such L/C Issuer were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender or such L/C
Issuer shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law
(including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply
with their obligations under FATCA and to determine that such Lender or such L/C Issuer has complied with such Lender’s or such L/C Issuer’s obligations under FATCA or to determine the amount to deduct and withhold from such payment.
Solely for purposes of this clause (iv), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

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

(f)    Treatment of Certain Refunds. Unless required by applicable Laws, at no time shall the Administrative Agent
have any obligation to file for or otherwise pursue on behalf of a Lender or an L/C Issuer, or have any obligation to pay to any Lender or any L/C Issuer, any refund of Taxes withheld or deducted from funds paid for the account of such Lender or
such L/C Issuer, as the case may be. If the Administrative Agent, any Lender or any L/C Issuer determines, in its sole discretion, that it has received a refund of any Taxes (whether received in cash or as an overpayment applied to a future Tax
payment) as to which it has been indemnified by the Borrower or with respect to which the Borrower has paid additional amounts pursuant to this Section, it shall pay to the Borrower an amount equal to such refund (but only to the extent of indemnity
payments made, or additional amounts paid, by the Borrower under this Section with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses
incurred by the Administrative Agent, such Lender or such L/C Issuer, as the case may be, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund), provided that the Borrower, upon
the request of the Administrative Agent, such Lender or such L/C Issuer, agrees 

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

3.02.    Illegality. If any Lender determines that any Law has made it unlawful, or that any Governmental
Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund Loans whose interest is determined by reference to the Eurodollar Rate, or to determine or charge interest rates based upon the
Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the London interbank market, then, on notice thereof by such Lender to the
Borrower through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Revolving Loans to Eurodollar Rate Loans shall be suspended, and (ii) if such notice asserts the
illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate component of the Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to
avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving
rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrower shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of such Lender
to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the
last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such
notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurodollar Rate, the Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference
to the Eurodollar Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment
or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 

3.03.    Availability of Types of Borrowings; Adequacy of Interest Rate. 

(a)    Notwithstanding anything to the contrary in this Agreement or any other Loan Document, if the Administrative Agent
determines (which determination shall be conclusive absent manifest error), or the Required Lenders notify the Administrative Agent that the Required Lenders have determined, that: 

(i)    deposits of a type and maturity appropriate to match fund Eurodollar Rate Loans are not available to such Lenders
in the relevant market, or 

  
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 (ii)    the interest rate applicable to Eurodollar Rate Loans for any
requested Interest Period is not ascertainable or available (including, without limitation, because the applicable Reuters Screen (or on any successor or substitute page on such screen) is unavailable) or does not adequately and fairly reflect the
cost of making or maintaining Eurodollar Rate Loans, 
 then the Administrative Agent shall suspend the availability of Eurodollar Rate
Loans and require any affected Eurodollar Rate Loans to be repaid or converted to Base Rate Loans, subject to the payment of any funding indemnification amounts required by Section 3.04. 

(b)    Benchmark Replacement. 

(i)    Benchmark Transition Event; Early Opt-in Election. Notwithstanding
anything to the contrary herein or in any other Loan Document, if a Benchmark Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable, and its related Benchmark
Replacement Date have occurred prior to the Reference Time in respect of any setting of the then-current Benchmark, then (x) if a Benchmark Replacement is determined in accordance with clause (1) or (2) of the definition of “Benchmark
Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of such Benchmark setting and subsequent Benchmark settings without any
amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document and (y) if a Benchmark Replacement is determined in accordance with clause (3) of the definition of “Benchmark
Replacement” for such Benchmark Replacement Date, such Benchmark Replacement will replace such Benchmark for all purposes hereunder and under any Loan Document in respect of any Benchmark setting at or after 5:00 p.m. (New York City time) on
the fifth Business Day after the date notice of such Benchmark Replacement is provided by the Administrative Agent to the Lenders without any amendment to, or further action or consent of any other party to, this Agreement or any other Loan Document
so long as the Administrative Agent has not received, by such time, written notice of objection to such Benchmark Replacement from Lenders comprising the Required Lenders. 

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

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

  
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 (iv)    Notices; Standards for Decisions and Determinations. The
Administrative Agent will promptly notify the Borrower and the Lenders of (A) any occurrence of a Benchmark Transition Event, an Early Opt-in Election or an Other Benchmark Rate Election, as applicable,
and its related Benchmark Replacement Date, (B) the implementation of any Benchmark Replacement, (C) the effectiveness of any Benchmark Replacement Conforming Changes, (D) the removal or reinstatement of any tenor of a Benchmark
pursuant to clause (v) below and (E) the commencement or conclusion of any Benchmark Unavailability Period. Any determination, decision or election that may be made by the Administrative Agent or, if applicable, any Lender (or group of
Lenders) pursuant to this Section 3.03(b), including any determination with respect to a tenor, rate or adjustment or of the occurrence or non-occurrence of an event, circumstance or
date and any decision to take or refrain from taking any action or any selection, will be conclusive and binding absent manifest error and may be made in its or their sole discretion and without consent from any other party to this Agreement or any
other Loan Document, except, in each case, as expressly required pursuant to this Section 3.03(b). 

(v)    Unavailability of Tenor of Benchmark. Notwithstanding anything to the contrary herein or in any other Loan
Document, at any time (including in connection with the implementation of a Benchmark Replacement), (i) if the then-current Benchmark is a term rate (including Term SOFR or the Eurodollar Base Rate) and either (A) any tenor for such Benchmark
is not displayed on a screen or other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion or (B) the regulatory supervisor for the administrator of such Benchmark
has provided a public statement or publication of information announcing that any tenor for such Benchmark is or will be no longer representative, then the Administrative Agent may modify the definition of “Interest Period” for any
Benchmark settings at or after such time to remove such unavailable or non-representative tenor and (ii) if a tenor that was removed pursuant to clause (i) above either (A) is subsequently
displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (B) is not, or is no longer, subject to an announcement that it is or will no longer be representative for a Benchmark (including a Benchmark
Replacement), then the Administrative Agent may modify the definition of “Interest Period” for all Benchmark settings at or after such time to reinstate such previously removed tenor. 

(vi)    Benchmark Unavailability Period. Upon notice to the Borrower by the Administrative Agent in accordance
with Section 10.02 of the commencement of a Benchmark Unavailability Period and until a Benchmark Replacement is determined in accordance with this Section 3.03(b), the Borrower may revoke any request for a Borrowing
of a Eurodollar Rate Loan, or any request for the conversion or continuation of a Borrowing of a Eurodollar Rate Loan to be made, converted or continued during any Benchmark Unavailability Period and, failing that, the Borrower will be deemed to
have converted any such request into a request for a Borrowing of a Base Rate Loan or conversion to a Base Rate Loan. During any Benchmark Unavailability Period or at any time that a tenor for the then-current Benchmark is not an Available Tenor,
the component of the Base Rate based upon the then-current Benchmark or such tenor for such Benchmark, as applicable, will not be used in any determination of the Base Rate. 

  
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 3.04.    Increased Costs. 

(a)    Increased Costs Generally. Except with respect to Taxes, if any Change in Law shall: 

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

(ii)    impose on any Lender or any L/C Issuer or the London interbank market any other condition, cost or expense
affecting this Agreement or Eurodollar Rate Loans made by such Lender (except any reserve requirement reflected in the Eurodollar Rate) or any Letter of Credit or participation therein; 

and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Loan the interest on which is determined by
reference to the Eurodollar Rate (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or such L/C Issuer of participating in, issuing or maintaining any Letter of Credit (or of maintaining its obligation
to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or such L/C Issuer hereunder (whether of principal, interest or any other amount) then, upon request of such Lender or such
L/C Issuer, the Borrower will pay to such Lender or such L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or such L/C Issuer, as the case may be, for such additional costs incurred or reduction
suffered. 
 (b)    Capital Requirements. If any Lender or any L/C Issuer determines that any Change in Law
affecting such Lender or such L/C Issuer or any Lending Office of such Lender or such Lender’s or such L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has or would have the effect of reducing the rate of
return on such Lender’s or such L/C Issuer’s capital or on the capital of such Lender’s or such L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or
participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by such L/C Issuer, to a level below that which such Lender or such L/C Issuer or such Lender’s or such L/C Issuer’s holding company could have
achieved but for such Change in Law (taking into consideration such Lender’s or such L/C Issuer’s policies and the policies of such Lender’s or such L/C Issuer’s holding company with respect to capital adequacy), then from time
to time the Borrower will pay to such Lender or such L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or such L/C Issuer or such Lender’s or such L/C Issuer’s holding company for any such
reduction suffered. 
 (c)    Certificates for Reimbursement. A certificate of a Lender or an L/C Issuer setting
forth the amount or amounts necessary to compensate such Lender or such L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the Borrower shall be conclusive absent
manifest error. The Borrower shall pay such Lender or such L/C Issuer, as the case may be, the amount shown as due on any such certificate within 15 days after receipt thereof. 

  
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 (d)    Delay in Requests. Failure or delay on the part of any
Lender or any L/C Issuer to demand compensation pursuant to the foregoing provisions of this Section shall not constitute a waiver of such Lender’s or such L/C Issuer’s right to demand such compensation, provided that the Borrower
shall not be required to compensate a Lender or such L/C Issuer pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions suffered more than 120 days prior to the date that such Lender or such L/C Issuer, as
the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or such L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise
to such increased costs or reductions is retroactive, then the 120-day period referred to above shall be extended to include the period of retroactive effect thereof). 

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

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

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

(c)    any assignment of a Eurodollar Rate Loan on a day prior to the last day of the Interest Period
therefor as a result of a request by the Borrower pursuant to Section 10.13; 
 including any loss or expense arising from the
liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. 

Solely for purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be
deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Base Rate used in determining the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount
and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded. 

3.06.    Mitigation Obligations; Replacement of Lenders. 

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

  
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to Section 3.02, as applicable, and (ii) in each case, would not subject such Lender or such L/C Issuer, as the case may be, to any unreimbursed cost or expense and
would not otherwise be disadvantageous to such Lender or such L/C Issuer, as the case may be. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender or such L/C Issuer in connection with any such designation or
assignment. 
 (b)    Replacement of Lenders. If any Lender requests compensation under
Section 3.04, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, the Borrower may
replace such Lender in accordance with Section 10.13. 
 3.07.    Survival. All
of the Borrower’s obligations under this ARTICLE III shall survive termination of the Aggregate Commitments, repayment of all other Obligations hereunder, and resignation of the Administrative Agent. 

ARTICLE IV 
 CONDITIONS
PRECEDENT TO CREDIT EXTENSIONS 
 4.01.    Conditions of Effectiveness of Agreement. This Agreement
shall become effective and the rights and obligations of the parties under this Agreement shall become operative subject to the prior or concurrent satisfaction or waiver of only the conditions precedent set forth in this
Section 4.01 and Section 4.02: 
 (a)    The Administrative
Agent’s receipt of the following, each of which shall be originals or telecopies (followed promptly by originals) unless otherwise specified, each properly executed by a Responsible Officer of the Borrower (where applicable), each dated the
Closing Date (or, in the case of certificates of governmental officials, a recent date before the Closing Date) (where applicable): 

(i)    executed counterparts of this Agreement, sufficient in number for distribution to the Administrative Agent, each
Lead Arranger, each Lender and the Borrower; 
 (ii)    a copy of the certificate of incorporation (or comparable
constitutive document) of the Borrower, together with all amendments thereto, certified by the Secretary, Assistant Secretary, or other appropriate officer of the Borrower, and a certificate of good standing, certified by the appropriate
governmental officer of its jurisdiction of organization; 
 (iii)    copies, certified by the Secretary, Assistant
Secretary or other appropriate officer of the Borrower of its by-laws (or any comparable constitutive laws, rules or regulations) and of the resolutions of the finance committee of the board of directors of
the Borrower authorizing the execution of the Loan Documents; 
 (iv)    incumbency certificates, executed by the
Secretary or Assistant Secretary or other appropriate officer of the Borrower, which shall identify by name and title and bear the signature of the officers of the Borrower authorized to sign the Loan Documents and to make borrowings hereunder, as
applicable, upon which certificate the Administrative Agent, the L/C Issuers, the Swing Line Lender and the Lenders shall be entitled to rely until informed of any change in writing by the Borrower; 

  
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 (v)    a certificate, signed by a Responsible Officer, certifying
(a) that on the date hereof no Default or Event of Default has occurred and is continuing and (b) that as of the date hereof, since the date of the Audited Financial Statements (or the last date for which audited financial statements are
available on the Closing Date) with respect to the Borrower and its Subsidiaries, there has been no Material Adverse Effect; 

(b)    The Administrative Agent’s receipt of: 

(i)    evidence of the payment of all fees and expenses required to be paid by the Borrower pursuant to the Amended and
Restated Commitment Letter and Fee Letters; 
 (ii)    an opinion of Ropes & Gray LLP, counsel to the
Borrower, in a form reasonably satisfactory to the Administrative Agent; 
 (iii)    evidence of termination of the
Existing Credit Agreements by each of the parties thereto in the form agreed by the parties thereto and repayment in full of all obligations, indebtedness and liabilities outstanding thereunder; and 

(iv)    such other documents as any Lender or its counsel may have reasonably requested (including, without limitation,
any Notes requested pursuant to Section 2.12); 
 (c)    The Lenders’ receipt, at least 3
Business Days prior to the Closing Date, of all documentation and other information about the Borrower that is required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations,
including without limitation, the PATRIOT Act, that has been requested in writing by such Lenders at least 10 Business Days prior to the Closing Date; and 

(d)    Since January 30, 2021 (or the last date for which audited financial statements are available on the Closing
Date) there shall not have occurred any Material Adverse Effect. 
 Without limiting the generality of the provisions of the last paragraph
of Section 9.03, for purposes of determining compliance with the conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved
or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to
the proposed Closing Date specifying its objection thereto. 
 4.02.    Conditions to all Credit
Extensions. The obligation of each Lender to honor any Request for a Credit Extension (other than a Revolving Loan Notice requesting only a conversion of Revolving Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject
to the following conditions precedent: 
 (a)    there exists no Default or Event of Default; 

(b)    the representations and warranties contained in ARTICLE V are (i) with respect to representations and
warranties that contain a qualification as to materiality, true and correct in all respects (after giving effect to any such qualification therein), and (ii) with respect to representations and warranties that do not contain a qualification as
to materiality, true and correct 

  
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in all material respects, in each case as of the date of such Borrowing or date for issuance of such Letter of Credit (other than the representation and warranty set forth in
Section 5.05, which shall only be made by the Borrower as of the date of this Agreement) except to the extent any such representation or warranty is stated to relate solely to an earlier date, in which case such
representation or warranty shall be (i) with respect to representations and warranties that contain a qualification as to materiality, true and correct in all respects (after giving effect to any such qualification therein), and (ii) with
respect to representations and warranties that do not contain a qualification as to materiality, true and correct in all material respects, in each case on and as of such earlier date; and 

(c)    after giving effect to such Loan and the other Loans being made as a part of such Borrowing or the issuance of such
Letter of Credit, the Total Outstandings do not exceed the Aggregate Commitments. 
 Each Request for a Credit Extension (other than a Revolving Loan Notice
requesting only a conversion of Revolving Loans to the other Type or a continuation of Eurodollar Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and
(b) have been satisfied on and as of the date of the applicable Credit Extension. 
 ARTICLE V 

REPRESENTATIONS AND WARRANTIES 

The Borrower represents and warrants to the Administrative Agent and the Lenders that: 

5.01.    Existence and Standing. Each of the Borrower and its Subsidiaries (other than Subsidiaries that in
the aggregate own, directly or indirectly, less than ten percent (10%) of the Consolidated Total Assets of the Borrower and its Subsidiaries) (a) is duly organized, validly existing and in good standing (to the extent applicable) under the laws
of its jurisdiction of organization, (b) is duly qualified to do business as a foreign organization and is in good standing under the laws of each jurisdiction in which it owns or leases real property or in which the nature of its business
requires it to be so qualified, except in the case of this clause (b) where the failure to be in good standing or to so qualify is not reasonably likely to have a Material Adverse Effect, and (c) has all requisite corporate or other
organizational power and authority to own, lease and operate its property and assets and to conduct its business as presently conducted and as proposed to be conducted. 

5.02.    Authorization and Validity. 

(a)    The Borrower has the requisite corporate or other organizational power and authority to execute, deliver and perform
each of the Loan Documents to which it is a party. 
 (b)    The execution, delivery and performance, as the case may
be, of each of the Loan Documents to which the Borrower is a party, and the consummation of the transactions contemplated thereby, have been duly approved by the finance committee of the board of directors of the Borrower, and such approval has not
been rescinded. No other corporate or other organizational action or proceeding on the part of the Borrower is necessary to consummate such transactions. 

  
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 (c)    Each of the Loan Documents to which the Borrower is a party has
been duly executed or delivered, as the case may be, by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms (except as enforceability may be limited by bankruptcy, insolvency or similar
laws affecting the enforcement of creditor’s rights generally), is in full force and effect, and no Default or Event of Default exists. 

5.03.    No Conflict, Government Consent. Neither the execution and delivery by the Borrower of the Loan
Documents, nor the consummation of the transactions therein contemplated, nor compliance with the provisions thereof will (a) violate, in any material respect, any law, rule, regulation, order, writ, judgment, injunction, decree or arbitral
award binding on the Borrower, (b) violate the Borrower’s Organization Documents, (c) violate the provisions of any material indenture, instrument or agreement to which the Borrower or any of its Subsidiaries is a party or is subject,
or by which it, or its Property, is bound, or conflict with or constitute a default thereunder, or (d) result in the creation or imposition of any Lien (other than any Lien permitted by Section 7.02) in, of or on the
Property of the Borrower or a Subsidiary pursuant to the terms of any such material indenture, instrument or agreement. No order, consent, approval, license, authorization or validation of, or filing, recording or registration with, or exemption by,
any Governmental Authority is required to authorize, or is required in connection with the execution, delivery and performance of, or the legality, validity, binding effect or enforceability of, any of the Loan Documents, except such as are
immaterial. 
 5.04.    Financial Statements. The Audited Financial Statements delivered to the
Administrative Agent and the Lenders were prepared in accordance with GAAP in effect on the date such statements were prepared and fairly present in all material respects the consolidated financial condition of the Borrower and its Subsidiaries at
such date and the consolidated results of their operations for the period then ended. 
 5.05.    No Material
Adverse Effect. As of the Closing Date, since the date of the Audited Financial Statements with respect to the Borrower and its Subsidiaries, there has been no material adverse change in the business, financial condition or results of operations
of the Borrower and its Subsidiaries on a consolidated basis. 
 5.06.    Taxes. The Borrower and its
Subsidiaries have filed all United States federal tax returns and all other material tax returns which are required to be filed and have paid all taxes due pursuant to said returns or pursuant to any assessment received by the Borrower or any of its
Subsidiaries except (i) such taxes, if any, as are being contested in good faith, as to which adequate reserves have been provided in accordance with GAAP or (ii) which would not, individually or in the aggregate, reasonably be expected to
result in a Material Adverse Effect. No tax liens have been filed and remain in effect with respect to the Borrower and its Subsidiaries except (i) as being contested in good faith and by appropriate proceedings and for which appropriate
adequate reserves in accordance with GAAP have been established, (ii) which would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect or (iii) as permitted by
Section 7.02. No written claims of taxing authorities are pending and being made, and no other claims are to the knowledge of the executive officers of the Borrower pending, against the Borrower or any of its Subsidiaries,
except in each case claims (i) which are being actively contested by the Borrower or such Subsidiary in good faith and by appropriate proceedings and with respect to which the Borrower or such Subsidiary has established such reserves or made
other appropriate provisions as shall be required in conformity with GAAP; or (ii) which would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

  
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 5.07.    Litigation. There is no litigation, arbitration,
governmental investigation, proceeding or inquiry pending or, to the knowledge of any of their executive officers, threatened against or affecting the Borrower or any of its Subsidiaries that would reasonably be expected to result in a Material
Adverse Effect. 
 5.08.    Subsidiaries. Schedule 5.08 contains an accurate list of all of the
Subsidiaries of the Borrower as of the Closing Date, setting forth their respective jurisdictions of organization. As of the Closing Date, all of the equity of such Subsidiaries is held by the Borrower or other Subsidiaries, excluding director
qualifying shares and shares required by applicable law to be owned by foreign nationals. As of the Closing Date, all of the issued and outstanding shares of capital stock of such Subsidiaries have been duly authorized and issued and are fully paid
and non assessable. 
 5.09.    ERISA Compliance. 

(a)    Each Plan (other than a Multiemployer Plan) is in compliance, and, to the knowledge of the Borrower, each
Multiemployer Plan is in compliance, and, with respect to each Multiemployer Plan, each of the Borrower and the ERISA Affiliates is in compliance, with the applicable provisions of ERISA, the Code and other Federal or state laws except where failure
to so comply would not reasonably be expected to have a Material Adverse Effect. To the knowledge of the Borrower, nothing has occurred that would prevent or cause the loss of the qualified status under Section 401(a) of the Code of each
Pension Plan that is intended to be so qualified, except as would not reasonably be expected to have a Material Adverse Effect. 

(b)    There are no pending or, to the knowledge of the Borrower, threatened claims, actions or lawsuits, or action by any
Governmental Authority, with respect to any Plan that would be reasonably expected to have a Material Adverse Effect. To the knowledge of the Borrower, there has been no prohibited transaction or violation of the fiduciary responsibility rules with
respect to any Plan that would result or would be reasonably expected to result in a Material Adverse Effect. 

(c)    Except as would not reasonably be expected to result in a Material Adverse Effect, (i) no ERISA Event has
occurred, and neither the Borrower nor any ERISA Affiliate has knowledge of any fact, event or circumstance with respect to any Pension Plan, in each case, which would reasonably be expected to result in liability of the Borrower or its
Subsidiaries; (ii) the Borrower and each ERISA Affiliate has met all applicable requirements under the Pension Funding Rules in respect of each Pension Plan, and neither the Borrower nor any ERISA Affiliate has applied for or obtained a waiver
of the minimum funding standards under the Pension Funding Rules; (iii) as of the most recent valuation date for any Pension Plan, none of the Single Employer Plans are in “at risk status” (as defined in Section 430(i)(4) of the
Code); (iv) neither the Borrower nor any ERISA Affiliate has incurred any liability to the PBGC other than for the payment of premiums, and there are no premium payments which have become due that are unpaid (taking into account all applicable grace
periods); (v) neither the Borrower nor any ERISA Affiliate has engaged in a transaction that would reasonably be expected to be subject to Section 4069(a) or 

  
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Section 4212(c) of ERISA; and (vi) no Pension Plan has been terminated by the plan administrator thereof or by the PBGC and no event or circumstance has occurred or exists that
reasonably is expected to cause the PBGC to institute proceedings under Title IV of ERISA to terminate any Pension Plan. 

(d)    Neither the Borrower nor any ERISA Affiliate has failed to make any minimum required contribution under Sections
412 or 430(a) of the Code on or before the due date for such installment or other payment with respect to a Single Employer Plan, or has failed to make a required contribution or payment to a Multiemployer Plan as set forth in Section 431 of
the Code, in each case, which failure has not been corrected within sixty (60) days of its occurrence and in each case, which would reasonably be expected to result in a Material Adverse Effect. 

5.10.    Accuracy of Information. No written information, certificate, exhibit or report furnished by the
Borrower or any of its Subsidiaries to the Administrative Agent, the Swing Line Lender, any L/C Issuer or the Lenders (including the Loan Documents and any representation or warranty therein) taken together contained any material misstatement of
fact or omitted to state a material fact or any fact necessary to make the statements contained therein not materially misleading in light of the circumstances under which they were made. 

5.11.    Regulations T, U and X. Neither the making of any Loan hereunder nor the use of the proceeds
thereof will violate the provisions of Regulations T, U or X. 
 5.12.    Compliance with Laws. The
Borrower and its Subsidiaries have complied with all applicable statutes, rules, regulations, orders and restrictions of any Governmental Authority having jurisdiction over the conduct of their respective businesses or the ownership of their
respective Property except where the failure to so comply would not reasonably be expected to result in a Material Adverse Effect. Neither the Borrower nor any Subsidiary has received any notice to the effect that its operations are not in material
compliance with any Environmental, Health or Safety Requirements of Law or the subject of any federal or state investigation evaluating whether any remedial action is needed to respond to a release of any petroleum, toxic or hazardous waste or
substance into the environment, which non-compliance or remedial action would reasonably be expected to have a Material Adverse Effect. 

5.13.    Ownership of Property. On the date of this Agreement, the Borrower and its Subsidiaries have good
title, free of all Liens other than those permitted by Section 7.02, to all of the Property and assets reflected in the Audited Financial Statements as owned by it (other than those Property and assets disposed of in the
ordinary course of business since such date). The Borrower and each of its Subsidiaries owns (or is licensed to use) all Intellectual Property that is necessary in any material respect for the conduct of its respective business as conducted on the
date of this Agreement, without any conflict with the rights of any other Person that would reasonably be expected to have a Material Adverse Effect. Neither the Borrower nor any Subsidiary is aware of (a) any material existing or threatened
infringement or misappropriation of any of its Intellectual Property by any third party or (b) any material third party claim that any aspect of the business of the Borrower or any Subsidiary (as conducted on the date of this Agreement)
infringes or will infringe upon, any Intellectual Property or other property right of any other Person, in each case that would reasonably be expected to have a Material Adverse Effect. 

  
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 5.14.    Labor Matters. There are no labor controversies
pending or, to the Borrower’s knowledge, threatened against the Borrower or any Subsidiary, which would reasonably be expected to have a Material Adverse Effect. The Borrower and each of its Subsidiaries are in substantial compliance in all
respects with the Fair Labor Standards Act, as amended, except where non-compliance would not reasonably be expected to have a Material Adverse Effect. 

5.15.    Investment Company Act. The Borrower is not and is not required to be registered as an
“investment company” under the Investment Company Act of 1940. 
 5.16.    Insurance. The
insurance policies and programs in effect with respect to the Property, liabilities and business of the Borrower and its Subsidiaries are maintained with financially sound and reputable insurance companies and reflect coverage that is consistent
with sound business practice (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries). 

5.17.    Anti-Corruption Laws; Sanctions; Anti-Terrorism Laws. 

(a)    The Borrower, its Subsidiaries, and to the knowledge of the Borrower or such Subsidiary, their respective directors,
officers, agents and employees, are in compliance with Anti-Corruption Laws and applicable Sanctions in all material respects. None of the Borrower, any Subsidiary or, to the knowledge of the Borrower or such Subsidiary, any of their respective
directors, officers or employees, is a Sanctioned Person. No Loan or Letter of Credit, use of the proceeds of any Loan or Letter of Credit or other transactions contemplated hereby will violate Anti-Corruption Laws or applicable Sanctions. 

(b)    Neither the making of the Loans hereunder nor the use of the proceeds thereof will violate the PATRIOT Act, the
Trading with the Enemy Act, as amended, or any of the foreign assets control regulations of the United States Treasury Department (31 C.F.R., Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating
thereto or successor statute thereto. The Borrower and its Subsidiaries are in compliance in all material respects with the PATRIOT Act, as applicable. 

5.18.    Affected Financial Institution. The Borrower is not an Affected Financial Institution. 

ARTICLE VI 
 AFFIRMATIVE
COVENANTS 
 So long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or
unsatisfied, or any Letter of Credit shall remain outstanding (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized in an amount equal to 103% of such Outstanding Amount or back-stopped by a letter of
credit in such amount in form and substance reasonably satisfactory to the Administrative Agent): 

6.01.    Financial Reporting. The Borrower will maintain, for itself and its Subsidiaries, a system of
accounting established and administered in accordance with GAAP and, subject to  

  
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Section 10.02, will furnish or cause to be furnished to the Administrative Agent for further delivery to the Lenders: 

(a)    Within 90 days after the close of each of its fiscal years (or, if earlier, 15 days after the date required to be
filed with the SEC (without giving effect to any extension permitted by the SEC)), for itself and its Subsidiaries on a consolidated basis, a balance sheet as of the end of such fiscal year and the related statements of income, and consolidated
stockholders’ equity and cash flows for such fiscal year, prepared in accordance with GAAP on a consolidated basis for itself and its Subsidiaries, and accompanied by an audit report certified by an independent registered public accounting firm
that is reasonably acceptable to the Required Lenders (it being agreed that PricewaterhouseCoopers LLP or any of the other “Big Four” accounting firms shall be acceptable to the Required Lenders), which audit report shall not be subject to
any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit; provided that such report may set forth qualifications to the extent such qualifications pertain solely to
changes in GAAP from those applied during earlier accounting periods, the implementation of which changes (with the concurrence of such accountants) is reflected in the financial statements accompanying such report. 

(b)    Within 45 days after the close of each of the first three quarterly periods of each of its fiscal years (or, if
earlier, 15 days after the date required to be filed with the SEC (without giving effect to any extension permitted by the SEC)), for itself and its Subsidiaries on a consolidated basis, a balance sheet as of the end of such period and the related
statements of income, and consolidated stockholders’ equity and cash flows for the period from the beginning of such fiscal year to the end of such quarter, all certified by a Responsible Officer as to fairness of presentation and prepared,
with respect to such consolidated statements, in accordance with GAAP (subject to normal year end adjustments and absence of footnotes). 

(c)    Together with the financial statements required hereunder, a compliance certificate in substantially the form of
Exhibit D hereto signed by a Responsible Officer showing the calculations necessary to determine compliance with Section 7.04 as of the last day of the fiscal period covered by such financial statements, and stating
that no Default or Event of Default exists, or if any Default or Event of Default exists, stating the nature and status thereof and the Borrower’s plans with respect thereto. 

(d)    Within 30 days after an executive officer of the Borrower knows that any ERISA Event described in
Section 5.09 (subject to materiality qualifiers contained therein) has occurred with respect to any Plan, a statement, signed by a Responsible Officer of the Borrower, describing said event and the action which the Borrower
proposes to take with respect thereto. 
 (e)    Within 10 days after receipt by the Borrower or any Subsidiary, a copy
of (i) any notice or claim to the effect that the Borrower or any of its Subsidiaries is or may be liable to any Person as a result of the release by the Borrower, any of its Subsidiaries, or any other Person of any petroleum, toxic or
hazardous waste or substance into the environment, and (ii) any notice alleging any violation of any Environmental, Health or Safety Requirements of Law by the Borrower or any of its Subsidiaries, which, in either case, would reasonably be
expected to have a Material Adverse Effect or subject the Borrower and its Subsidiaries to liability, individually or in the aggregate, in excess of the Threshold Amount (in each case, determined after giving effect to

  
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claims that are covered by applicable third-party insurance policies (other than retro-premium insurance or other policies with similar self-insurance attributes) of the Borrower or any of its
Subsidiaries unless the insurers of such claims have disclaimed coverage). 
 (f)    Promptly upon the furnishing
thereof to the shareholders of the Borrower, copies of all financial statements, reports and proxy statements so furnished. 

(g)    Promptly upon the filing thereof, copies of all final registration statements, proxy statements and annual,
quarterly, monthly or other reports which the Borrower or any of its Subsidiaries files with the SEC (provided the Borrower shall not be obligated to provide copies of routine reports which are required to be filed concerning the management
of employee benefit plans, including, without limitation, stock purchases or the exercise of stock options made under any such employee benefit plan or any materials for which the Borrower has sought confidential treatment from the SEC). 

(h)    Except to the extent that such items are redundant with reports or information otherwise provided pursuant to this
Section 6.01, promptly upon the furnishing thereof to the holders thereof, copies of all financial statements and reports furnished to the holders of (or trustee or other representative for the holders of) any Material
Indebtedness of the Borrower or its Subsidiaries. 
 (i)    Such other information (including non-financial information) as any Lender through the Administrative Agent may from time to time reasonably request. 

(j)    On or promptly after any time at which the Borrower becomes subject to the Beneficial Ownership Regulation, a
completed Beneficial Ownership Certification in form and substance reasonably acceptable to the Administrative Agent. 
 Notwithstanding the
foregoing, the obligations in this Section 6.01 (other than the obligation to furnish audited financial statements pursuant to Section 6.01(a)) to furnish financial statements of the Borrower and
its Subsidiaries may be satisfied by furnishing the applicable financial statements of any Parent Company; provided that, such information is accompanied by consolidating information that explains in reasonable detail the differences between
the information relating to the Borrower (or such Parent Company), on the one hand, and the information relating to the Borrower and its Subsidiaries on a standalone basis, on the other hand. 

Documents required to be delivered pursuant to Sections 6.01(a), (b), (f), (g), (h), or (j) (to the
extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (i) on which the Borrower posts such documents, or
provides a link thereto on the Borrower’s website on the internet at the website address listed on Schedule 10.02; or (ii) on which such documents are posted on the Borrower’s behalf on an internet or intranet website, if any,
to which each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that: (i) the Borrower shall deliver paper copies of such documents to
the Administrative Agent or any Lender upon its request to the Borrower to deliver such paper copies until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify
the Administrative Agent 

  
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and each Lender (by telecopier or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies)
of such documents. The Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with
any such request by a Lender for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 

The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Lead Arrangers will make available to the Lenders and the
L/C Issuers materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks, DebtX or another similar electronic system (the
“Platform”) and (b) certain of the Lenders (each, a “Public Lender”) may have personnel who do not wish to receive material non-public information with respect to the
Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that (w) all
Borrower Materials that are to be made available to Public Lenders shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that the word “PUBLIC” shall appear prominently on the first page thereof;
(x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Lead Arranger, the L/C Issuers and the Lenders to treat such Borrower Materials as not containing any material non-public information with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials
constitute Information, they shall be treated as set forth in Section 10.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public
Side Information;” and (z) the Administrative Agent and the Lead Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not
designated “Public Side Information.” 
 6.02.    Use of Proceeds. The Borrower will, and will
cause each of its Subsidiaries to, use the proceeds of the Credit Extensions for (i) working capital purposes, capital expenditures and any other lawful corporate purposes and (ii) to refinance the Borrower’s indebtedness under the
Existing Credit Agreements. The Borrower will not, nor will it permit any Subsidiary, to use proceeds of the Credit Extensions other than as contemplated in this Section 6.02. 

6.03.    Other Notices. Promptly after the Borrower or relevant Subsidiary becomes aware of such occurrence,
the Borrower will give notice in writing to the Administrative Agent of the occurrence of: (a) any Default or Event of Default; and (b) any other development, financial or otherwise, which would reasonably be expected to have a Material
Adverse Effect; provided, no separate notice of the occurrence of any such development under this clause (b) needs to be given to the extent such item has been disclosed in the Borrower’s annual, quarterly or other reports (i.e., 10-K, 10-Q or 8-K) filed with the SEC and delivered pursuant to Section 6.01(g) or in a press release issued
by the Borrower or one of its Subsidiaries. Any such notice shall state the nature and status of the occurrence and any and all actions taken with respect thereto. 

6.04.    Conduct of Business. The Borrower will, and will cause each of its Subsidiaries to, (a) carry
on and conduct its business in substantially the same or complementary fields of 

  
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enterprise as it is presently conducted and (b) to do all things necessary to remain duly organized, validly existing and in good standing as a domestic organization in its jurisdiction of
organization and maintain all requisite authority to conduct its business in each jurisdiction in which its business is conducted except for transactions not prohibited by Section 7.01 or, in the case of the preceding
clause (b), where the failure to do so would not reasonably be expected to have a Material Adverse Effect. 

6.05.    Taxes. The Borrower will, and will cause each of its Subsidiaries to, pay when due all material
taxes, assessments and governmental charges and levies upon it or its income, profits or Property, except (i) those which are being contested in good faith by appropriate proceedings and with respect to which adequate reserves have been set
aside in accordance with GAAP and in connection with which no tax Lien has been filed (other than those permitted by Section 7.02 hereof) or (ii) which would not, individually or in the aggregate, reasonably be
expected to result in a Material Adverse Effect. 
 6.06.    Insurance. The Borrower will, and will cause
each of its Subsidiaries to, maintain with financially sound and reputable insurance companies insurance with respect to all their Property, liabilities and business in such amounts and with such coverage as is consistent with sound business
practice (after giving effect to any self-insurance reasonable and customary for similarly situated Persons engaged in the same or similar businesses as the Borrower and its Subsidiaries), and the Borrower will furnish to the Administrative Agent
upon request of any Lender full information as to the insurance carried. 
 6.07.    Compliance with Laws.
The Borrower will, and will cause each of its Subsidiaries to, comply in all material respects with all laws (including, without limitation, all environmental laws), rules, regulations, orders, writs, judgments, injunctions, decrees or arbitral
awards to which it may be subject, except where the failure to so comply would not reasonably be expected to have a Material Adverse Effect. 

6.08.    Anti-Corruption and Sanctions. The Borrower will take steps reasonably designed to ensure
compliance by the Borrower, its Subsidiaries and their respective directors, officers, employees and agents with Anti-Corruption Laws and applicable Sanctions. 

6.09.    Maintenance of Properties. The Borrower will, and will cause each of its Subsidiaries to, do all
things necessary to maintain, preserve, protect and keep its Property in good repair, working order and condition, ordinary wear and tear excepted, and make all necessary and proper repairs, renewals and replacements so that its business carried on
in connection therewith may be properly conducted at all times, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect. The Borrower will, and will cause each Subsidiary to, do all things necessary to
maintain, preserve and protect all of its material Intellectual Property including, without limitation, perform each of its respective obligations under any and all license agreements and other contracts and agreements evidencing or relating to
Intellectual Property, using the same in interstate or foreign commerce, properly marking such Intellectual Property and maintaining all necessary and appropriate governmental registrations (both domestic and foreign), except in each case where the
failure to do so would not reasonably be expected to have a Material Adverse Effect. 

  
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 6.10.    Inspection. The Borrower will, and will cause
each of its Subsidiaries to, permit the Administrative Agent and any or each Lender, by its respective representatives and agents, to inspect any of the Property, corporate books and financial records of the Borrower and each of its Subsidiaries
(each an “Inspection”), to examine and make copies of the books of accounts and other financial records of the Borrower and each of its Subsidiaries, and to discuss the affairs, finances and accounts of the Borrower and each of its
Subsidiaries with, and to be advised as to the same by, their respective officers at such reasonable times and intervals as the Administrative Agent or such Lender may designate; provided that, unless a Default or Event of Default has
occurred and is continuing, (a) Inspections may only be made by the Administrative Agent; provided, that any Lender may accompany the Administrative Agent during any such Inspection and (b) the Administrative Agent shall not be
entitled to make more than two (2) Inspections in any twelve (12) month period. Prior to the occurrence of a Default or Event of Default, the Administrative Agent will use reasonable efforts to minimize any disruption to the business of
the Borrower and its Subsidiaries. Notwithstanding anything to the contrary in this Section 6.10, none of the Borrower or any of its Subsidiaries will be required to disclose, permit the inspection, examination or making
copies or abstracts of, or discuss, any document, information or other matter that (i) constitutes non-financial trade secrets, (ii) in respect of which disclosure to the Administrative Agent or any
Lender (or their respective representatives or agents) is prohibited by Law or any binding agreement with any third party or (iii) in the Borrower’s reasonable judgment, would compromise any attorney-client privilege, privilege afforded to
attorney work product or similar privilege, provided that the Borrower shall make available redacted versions of requested documents or, if unable to do so consistent with the preservation of such privilege, shall endeavor in good faith
otherwise to disclose information responsive to the requests of the Administrative Agent, any Lender or any of their respective representatives and agents, in a manner that will protect such privilege. 

6.11.    Anti-Money Laundering Compliance. The Borrower will, and will cause each Subsidiary to, provide
such information as is reasonably requested by the Administrative Agent or any Lender in order to assist the Administrative Agent and the Lenders in maintaining compliance with anti-money laundering Laws of the United States, the European Union,
Canada and the United Kingdom. 
 ARTICLE VII 

NEGATIVE COVENANTS 
 So
long as any Lender shall have any Commitment hereunder, any Loan or other Obligation hereunder shall remain unpaid or unsatisfied, or any Letter of Credit shall remain outstanding (unless the Outstanding Amount of the L/C Obligations related thereto
has been Cash Collateralized in an amount equal to 103% of such Outstanding Amount or back-stopped by a letter of credit in such amount in form and substance reasonably satisfactory to the Administrative Agent): 

7.01.    Fundamental Changes. The Borrower will not (a) merge, amalgamate or consolidate with or into
any other Person, unless (i) at the time thereof and immediately after giving effect thereto, no Default or Event of Default shall have occurred and be continuing, and (ii) the Borrower is the surviving Person, or if the Borrower is not
the surviving Person, the Borrower notifies the Administrative Agent and Lenders of such intended surviving Person at least 

  
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7 Business Days in advance of such merger, amalgamation or consolidation and the surviving Person (x) is organized under the Laws of the United States or any state or subdivision thereof and
(y) expressly assumes the obligations of the Borrower hereunder and under the other Loan Documents pursuant to joinder documentation in form reasonably satisfactory to the Administrative Agent, (b) sell, transfer, lease or otherwise
dispose of (in one transaction or in a series of related transactions) all or substantially all of the assets (whether now owned or hereafter acquired) of the Borrower and its Subsidiaries, taken as a whole, unless, solely in the case of a Division,
any Person formed by such Division (x) is organized under the Laws of the United States or any state or subdivision thereof and (y) expressly assumes the obligations of the Borrower hereunder and under the other Loan Documents pursuant to
joinder documentation in form reasonably satisfactory to the Administrative Agent or (c) liquidate or dissolve. If the Borrower is not the surviving Person, prior to the effectiveness of such merger, amalgamation or consolidation, such
surviving Person shall deliver to the Administrative Agent and the Lenders (a) all documentation and other information about such Person of the type required to be delivered pursuant to Section 4.01(c) and requested by
the Administrative Agent or any Lender, as applicable, (b) a certificate of an officer of such Person addressing the matters in Section 4.01(a)(v)(a), (c) a certificate of the Secretary or other appropriate officer of
such Person attaching (i) a copy of and certifying to such Person’s certificate of incorporation (or comparable constitutive document), together with all amendments thereto, (ii) a copy of and certifying to such Person’s by-laws (or any comparable constitutive laws, rules or regulations), (iii) a copy of and certifying to the resolutions of the board of directors or other appropriate authority of such Person authorizing the
execution of the joinder documents and (iv) an incumbency certificate identifying the name, title and signature of the officers authorized to sign the joinder documents, and (d) an opinion of counsel to such Person in scope similar to the
opinion referred to in Section 4.01(b)(ii). 
 7.02.    Liens. The Borrower will
not, and will not permit any of its Subsidiaries to, create, incur, or suffer to exist any Lien in, of or on the Property of the Borrower or such Subsidiary, as applicable, except: 

(a)    Liens for taxes, assessments or governmental charges or levies on its Property if the same shall not at the time be
delinquent or thereafter can be paid without penalty, or are being contested in good faith and by appropriate proceedings and for which adequate reserves in accordance with GAAP shall have been set aside on its books; 

(b)    Liens imposed by law, such as carriers’, warehousemen’s, landlords’, workmen’s,
suppliers’, repairmen’s and mechanics’ liens, and other similar liens arising in the ordinary course of business that secure payment of obligations not more than 90 days past due or that are being contested in good faith by
appropriate proceedings and for which adequate reserves in accordance with GAAP shall have been set aside on its books; 

(c)    Liens (x) arising out of pledges or deposits under worker’s compensation laws, unemployment insurance,
old age pensions, or other social security or retirement benefits, or similar legislation or letters of credit or guarantees issued in respect thereof, (y) incurred in the ordinary course of business to secure the performance of tenders,
statutory obligations (other than excise taxes), surety, stay, customs and appeal bonds, statutory bonds, bids, leases, government contracts, trade contracts, performance and return of money bonds and other similar obligations or letters of credit
or guarantees issued in respect thereof (in each case, exclusive of obligations for 

  
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the payment of Indebtedness) or (z) arising in the ordinary course of business to secure liability for obligations to insurance carriers under insurance or self-insurance arrangements,
including Liens on insurance policies and the proceeds thereof securing the financing of the premiums with respect thereto; 

(d)    easements, rights-of-way,
restrictions (including zoning restrictions), covenants, licenses, encroachments, protrusions and other similar encumbrances or charges, and minor title deficiencies on or with respect to any real property which do not materially interfere with the
use thereof in the business of the Borrower or any Subsidiary of the Borrower; 
 (e)    Liens securing judgments not
constituting an Event of Default under Section 8.01(h) or constituting the pledge of assets for the purpose of securing an appeal, stay or discharge in the course of any legal proceeding; 

(f)    Liens created or incurred after the date hereof, given to secure the Indebtedness incurred or assumed in connection
with the acquisition or construction of property or assets useful and intended to be used in carrying on the business of the Borrower or any Subsidiary of the Borrower, including Liens existing on such property or assets at the time of acquisition
or construction thereof or at the time of acquisition or construction by the Borrower or such Subsidiary, as applicable, of an interest in any business entity then owning such property or assets, whether or not such existing Liens were given to
secure the consideration for the property or assets to which they attach, subject to the requirement that the Lien shall attach solely to the assets acquired or purchased; 

(g)    Liens securing purchase money Indebtedness (including Finance Leases) incurred in the ordinary course of business
to finance the acquisition of fixed assets or equipment used in the business of such Subsidiary if such Indebtedness does not exceed the lower of the fair market value or the cost of the applicable fixed assets or equipment on the date acquired;

 (h)    Liens on real property with respect to Indebtedness the proceeds of which are used (a) for the
construction or improvement of the real property securing such Indebtedness or (b) to finance the cost of construction or improvement of such real property, provided such financing occurs within one hundred eighty (180) days of receipt of
the certificate of occupancy with respect to such construction or improvement (other than with respect to a refinancing under clause (j) below); 

(i)    other Liens securing Indebtedness or other obligations outstanding at any time not exceeding an amount equal to
7.5% of Consolidated Total Assets; 
 (j)    any extension, renewal or replacement of any Lien permitted by the
preceding clauses (f), (g), (h) or (i) hereof in respect of the same property or assets theretofore subject to such Lien in connection with the extension, renewal or refunding of the Indebtedness secured thereby; provided that (x) such
Lien shall attach solely to the same property or assets, and (y) such extension, renewal or refunding of such Indebtedness shall be without increase in the principal remaining unpaid as of the date of such extension, renewal or refunding; 

  
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 (k)    Liens on the shares of capital stock of the Borrower’s
foreign Subsidiaries securing Indebtedness in an amount which shall not exceed twenty-five percent (25%) of the assets of all foreign Subsidiaries; 

(l)    Liens on the assets of any foreign Subsidiaries of the Borrower securing any guaranty or other surety for lease
obligations; 
 (m)    Liens (i) in favor of a banking or other financial institution arising as a matter of law or
under customary contractual provisions encumbering deposits or other funds maintained with such banking or other financial institution (including the right of setoff and grants of security interests in deposits and/or securities held by such banking
or other financial institution) and that are within the general parameters customary in the banking industry; and (ii) that are contractual rights of setoff relating to pooled deposit or sweep accounts of the Borrower or any of its Subsidiaries
to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of the Borrower its Subsidiaries; 

(n)    Liens in (i) accounts established by entities issuing credit and debit cards or their affiliates
(“Card Issuer”) with the holders of the credit and debit cards (“Card Holders”), (ii) amounts accrued or owing to a Card Issuer by Card Holders, (iii) any reserves on the books of the Card Issuer with respect
to subsection (i) or (ii) hereof, and (iv) the proceeds of any of subsections (i), (ii) and (iii) hereof, to the extent, and only to the extent, that it is ever determined that, contrary to the agreement of the Card Issuers and the
Borrower with respect thereto, the Borrower has an interest in any of the preceding property of the Card Issuers; 

(o)    leases, franchises, grants, subleases, licenses, sublicenses, covenants not to sue, releases, consents and other
forms of license (including of Intellectual Property) granted to others in the ordinary course of business which do not materially interfere with the ordinary conduct of the business of the Borrower or any Subsidiary and do not secure any
Indebtedness; 
 (p)    Liens arising from Uniform Commercial Code, PPSA or any similar financing statement filings
regarding operating leases or consignments entered into by the Borrower or any Subsidiary in the ordinary course of business; 

(q)    Liens encumbering reasonable customary initial deposits and margin deposits and similar Liens attaching to
commodity trading accounts or other brokerage accounts incurred in the ordinary course of business and not for speculative purposes; 

(r)    security given to a public utility or any municipality or Governmental Authority when required by such utility or
authority in connection with the operations of that Person in the ordinary course of business; 
 (s)    with respect to
any Subsidiary organized in a jurisdiction other than the United States of America or a state thereof or the District of Columbia, other Liens and privileges arising mandatorily by any requirement of Law or Organization Documents; 

(t)    customary Liens of an indenture trustee on money or property held or collected by it to secure fees, expenses and
indemnities owing to it by any obligor under an indenture; 

  
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 (u)    contractual Liens of any landlord under any lease entered into by
Borrower or any Subsidiary; and 
 (v)    Liens arising out of conditional sale, title retention, consignment or similar
arrangements for the sale of goods entered into by the Borrower or any Subsidiary in the ordinary course of business. 

7.03.    Anti-Corruption Laws; Sanctions. The Borrower will not, directly or knowingly indirectly, use the
proceeds of the Loans or any Letter of Credit, or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other Person, (i) to fund or finance any activities or business of or with any Sanctioned
Person or (ii) in any other manner that would result in a violation of any Sanctions by the Borrower, any Subsidiary or any Lender or their Affiliates or Related Parties. No part of the proceeds of the Loans or any Letter of Credit will be
used, directly or knowingly indirectly, for any Anti-Corruption Prohibited Activity. 
 7.04.    Maximum
Leverage Ratio. The Borrower shall not permit its Leverage Ratio to be greater than (a) 4.50 to 1.00 for the Test Period ending July 31, 2021, (b) 4.00 to 1.00 for the Test Period ending October 30, 2021, and (c) 3.50 to 1.00 for the
Test Period ending January 29, 2022 and for each Test Period ending thereafter, provided that, the Leverage Ratio shall be calculated on a Pro Forma Basis, so long as the Borrower has notified the Administrative Agent in writing of the
inclusion or exclusion, as applicable, of the financial results of the Subsidiary, Person, business or assets acquired or disposed of in such acquisition or disposition, as applicable, on a Pro Forma Basis and provided any applicable financial
information (including pro forma calculations) to the Administrative Agent. 
 ARTICLE VIII 

EVENTS OF DEFAULT AND REMEDIES 

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

(a)    Breach of Representation or Warranty. Any representation or warranty made or deemed made by or on behalf of
the Borrower or any of its Subsidiaries to the Lenders, the Swing Line Lender, the L/C Issuers or the Administrative Agent under or in connection with this Agreement, any Loan, any Letter of Credit or any certificate or information delivered in
connection with this Agreement or any other Loan Document shall be materially false on the date as of which made or deemed made; or 

(b)    Payment Default. Nonpayment of (i) principal of any Loan, Note or L/C Obligations when due, or
(ii) interest upon any Loan or Note or of any fee or other obligations under any of the Loan Documents within five Business Days after such interest, fee or other obligation becomes due; or 

(c)    Breach of Certain Covenants. The breach by the Borrower of (i) any of the terms or provisions of
Sections 6.02 and 6.04, clause (a) of Section 6.03, any of Section 7.01, 7.02 or 7.03 or (ii) any of the terms of Section 7.04 and
such breach under this clause (ii) continues for 10 days after the first to occur of (A) the date an executive officer of the Borrower first knows of such breach or (B) the date the Borrower receives written notice from any Lender
(acting through the Administrative Agent) of such breach; or 

  
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 (d)    Breach of Other Provisions. The breach by the Borrower
(other than a breach which constitutes an Event of Default under clause (a), (b) or (c) of this Section 8.01) of any of the terms or provisions of this Agreement, and such breach continues for 30 days after the first
to occur of (i) the date an executive officer of the Borrower first knows of such breach or (ii) the date the Borrower receives written notice from any Lender (acting through the Administrative Agent) of such breach; or 

(e)    Default on Material Indebtedness. Failure of the Borrower or any of its Subsidiaries to make a payment on
any Indebtedness under the 2024 Revolving Credit Agreement when due (after giving effect to any applicable grace period); or the failure of the Borrower or any of its Subsidiaries to make a payment on Material Indebtedness when due (after giving
effect to any applicable grace period); or the default by the Borrower or any of its Subsidiaries in the performance of any term, provision or condition contained in the 2024 Revolving Credit Agreement or the default by the Borrower or any of its
Subsidiaries in the performance of any term, provision or condition contained in any agreement or agreements under which Material Indebtedness was created or is governed (and any applicable grace period(s) shall have expired), or any other event
shall occur or condition exist, the effect of which is to cause, or to permit the holder or holders of such Indebtedness under the 2024 Revolving Credit Agreement or such Material Indebtedness to cause, such Indebtedness or Material Indebtedness to
become due prior to its stated maturity; or any of the Indebtedness under the 2024 Revolving Credit Agreement or Material Indebtedness of the Borrower or any of its Subsidiaries shall be declared to be due and payable or required to be prepaid in
full (other than by a regularly scheduled payment) prior to the stated maturity thereof; or the Borrower or any of its Material Subsidiaries shall not pay, or shall admit in writing its inability to pay, its debts generally as they become due; or

 (f)    Voluntary Insolvency Proceedings. The Borrower or any of its Material Subsidiaries shall (i) have
an order for relief entered with respect to it under or allow any similar event to occur under any Debtor Relief Law, (ii) make an assignment for the benefit of creditors, (iii) apply for, seek, consent to, or acquiesce in, the appointment
of a receiver, custodian, trustee, examiner, liquidator, monitor or similar official for it or any Substantial Portion of its Property, (iv) institute any proceeding seeking an order for relief or seeking to adjudicate it a bankrupt or
insolvent, or seeking dissolution, winding up, liquidation, reorganization, arrangement, adjustment or composition of it or any of its property or its debts under any Debtor Relief Law, or any organization, arrangement or compromise of debt under
the laws of its jurisdiction of organization or fail to promptly file an answer or other pleading denying the material allegations of any such proceeding filed against it, (v) take any corporate or other organizational action to authorize or
effect any of the foregoing actions set forth in this Section 8.01(f) or (vi) fail to contest in good faith, or consent to or acquiesce in, any appointment or proceeding described in
Section 8.01(g); or 
 (g)    Involuntary Insolvency Proceedings. Without the
application, approval or consent of the Borrower or any of its Subsidiaries, a receiver, custodian, trustee, examiner, liquidator or similar official shall be appointed (either privately or by a court) for the Borrower or any of its Material
Subsidiaries or any Substantial Portion of its Property, or a proceeding described in Section 8.01(f)(iv) shall be instituted against the Borrower or any of its Material Subsidiaries and such appointment continues
undischarged or such proceeding continues undismissed or unstayed for a period of 60 consecutive days; or 

  
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 (h)    Judgments. The Borrower or any of its Subsidiaries shall
fail within 30 days to pay, bond or otherwise discharge any one or more judgments or orders for the payment of money in excess of the Threshold Amount in the aggregate (determined after giving effect to claims that are covered by applicable
third-party insurance policies (other than retro-premium insurance or other policies with similar self-insurance attributes) of the Borrower or any of its Subsidiaries unless the insurers of such claims have disclaimed coverage or provided notice to
the Borrower or any of its Subsidiaries of its reservation of the right to disclaim coverage), which judgments are not stayed on appeal with adequate reserves set aside on its books in accordance with GAAP of the Borrower or any of its Subsidiaries;
or 
 (i)    ERISA. (i) One or more ERISA Events shall have occurred which has resulted or reasonably is
expected to result in an increase in liability of the Borrower and its Subsidiaries in respect of one or more Pension Plans that would reasonably be expected to result in a Material Adverse Effect, or (ii) the Borrower or any ERISA Affiliate
fails to pay when due, after the expiration of any applicable grace period, any required installment payment or payments with respect to such withdrawal liability under Section 4201 of ERISA under one or more Multiemployer Plans that would
reasonably be expected to result in a Material Adverse Effect; or 
 (j)    Change of Control. Any Change of
Control shall occur; or 
 (k)    Failure of Loan Documents to Remain in Effect. Any Loan Document shall fail to
remain in full force or effect or the Borrower, any Parent Company or any of their respective Subsidiaries shall so assert; or any action shall be taken by the Borrower, any Parent Company or any of their respective Subsidiaries to discontinue,
revoke or to assert the invalidity or unenforceability of any Loan Document. 
 8.02.    Remedies
Upon Event of Default. If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Required Lenders, take any or all of the following actions: 

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

provided, however, that upon the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the
Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of the L/C Issuers to make L/C Credit Extensions 

  
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shall automatically terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, and the obligation
of the Borrower to Cash Collateralize the L/C Obligations as aforesaid shall automatically become effective, in each case without further act of the Administrative Agent or any Lender. 

8.03.    Application of Funds. After the exercise of remedies provided for in
Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to
Section 8.02), any amounts received on account of the Obligations shall, subject to the provisions of Sections 2.17 and 2.18, be applied by the Administrative Agent in the following order: 

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

Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest
and Letter of Credit Fees) payable to the Lenders and the L/C Issuers (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuers and amounts payable under ARTICLE III), ratably among them in proportion
to the respective amounts described in this clause Second payable to them; 
 Third, to payment of that portion of the
Obligations constituting accrued and unpaid Letter of Credit Fees and interest on the Loans, L/C Borrowings and other Obligations, ratably among the Lenders and the L/C Issuers in proportion to the respective amounts described in this clause
Third payable to them; 
 Fourth, to payment of that portion of the Obligations constituting unpaid principal of the Loans and
L/C Borrowings, ratably among the Lenders and the L/C Issuers in proportion to the respective amounts described in this clause Fourth held by them; 

Fifth, to the Administrative Agent for the account of the L/C Issuers, to Cash Collateralize that portion of L/C Obligations comprised
of the aggregate undrawn amount of Letters of Credit to the extent not otherwise Cash Collateralized by the Borrower pursuant to Sections 2.04 and 2.17; and 

Last, the balance, if any, after all of the Obligations have been paid in full, to the Borrower or as otherwise required by Law. 

Subject to Sections 2.04(c) and 2.17, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause
Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall
be applied to the other Obligations, if any, in the order set forth above. 

  
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 ARTICLE IX 

ADMINISTRATIVE AGENT 

9.01.    Appointment and Authority. Each of the Lenders and the L/C Issuers hereby irrevocably appoints U.S.
Bank to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers as are delegated to the Administrative Agent by
the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuers, and the Borrower shall
not have rights as a third party beneficiary of any of such provisions other than with respect to the provisions of Section 9.07. In its capacity as the Lenders’ and L/C Issuers’ contractual representative, the
Administrative Agent is acting as an independent contractor, the rights and duties of which are limited to those expressly set forth in this Agreement and the other Loan Documents. Each of the Lenders and the L/C Issuers hereby agrees to assert no
claim against the Administrative Agent on any agency theory or any other theory of liability for breach of fiduciary duty, all of which claims each Lender and L/C Issuer hereby waives. 

9.02.    Rights as a Lender. The Person serving as the Administrative Agent hereunder shall have the same
rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly indicated or unless
the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, act as the financial advisor or in any other
advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders.

 9.03.    Exculpatory Provisions. The Administrative Agent shall not have any duties or obligations
except those expressly set forth herein and in the other Loan Documents. Without limiting the generality of the foregoing, the Administrative Agent: 

(a)    shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is
continuing; 
 (b)    shall not have any duty to take any discretionary action or exercise any discretionary powers,
except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the
Lenders as shall be expressly provided for herein or in the other Loan Documents), provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the
Administrative Agent to liability or that is contrary to any Loan Document or applicable law; and 
 (c)    shall not,
except as expressly set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or
obtained by the Person serving as the Administrative Agent or any of its Affiliates in any capacity. 
 The Administrative Agent shall not
be liable for any action taken or not taken by it (i) with the consent or at the request of the Required Lenders (or such other number or percentage of the 

  
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Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02) or
(ii) in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice describing such Default is given to the Administrative Agent by the
Borrower, a Lender or an L/C Issuer. In the event that the Administrative Agent receives such a notice, the Administrative Agent shall give prompt notice thereof to the Lenders and L/C Issuers; provided that, except as expressly set forth in the
Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Subsidiaries that is communicated to or obtained by the bank
serving as Administrative Agent or any of its Affiliates in any capacity. 
 Neither the Administrative Agent nor any of its directors,
officers, agents or employees shall be responsible for or have any duty to ascertain, inquire into, or verify (a) any statement, warranty or representation made in connection with any Loan Document or any borrowing hereunder; (b) the
performance or observance of any of the covenants or agreements of any obligor under any Loan Document, including, without limitation, any agreement by an obligor to furnish information directly to each Lender; (c) the satisfaction of any
condition specified in ARTICLE IV, except receipt of items required to be delivered solely to the Administrative Agent; (d) the existence or possible existence of any Default or Event of Default; (e) the validity, enforceability,
effectiveness, sufficiency or genuineness of any Loan Document or any other instrument or writing furnished in connection therewith; (f) the value, sufficiency, creation, perfection or priority of any Lien in any collateral security; or
(g) the financial condition of the Borrower or any guarantor of any of the Obligations or of any of the Borrower’s or any such guarantor’s respective Subsidiaries. 

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

9.05.    Employment of Agents and Counsel. The Administrative Agent may execute any of its duties as
Administrative Agent hereunder and under any other Loan Document by or through employees, agents, and attorneys-in-fact and shall not be answerable to the Lenders,
except as to money or securities received by it or its authorized agents, for the default or misconduct of any such agents or attorneys-in-fact selected by it with
reasonable care. The Administrative Agent shall be entitled to advice of counsel concerning the contractual arrangement between the Administrative Agent, the Lenders and the L/C Issuers and all matters pertaining to the Administrative Agent’s
duties hereunder and under any other Loan Document. 

  
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 9.06.    Delegation of Duties to Affiliates. The Borrower,
Lenders and the L/C Issuers agree that the Administrative Agent may delegate any of its duties under this Agreement to any of its Affiliates. Any such Affiliate (and such Affiliate’s directors, officers, agents and employees) which performs
duties in connection with this Agreement shall be entitled to the same benefits of the indemnification, waiver and other protective provisions to which the Administrative Agent is entitled under ARTICLES IX and X. 

9.07.    Resignation and Removal of Administrative Agent. 

(a)    The Administrative Agent may at any time give notice of its resignation to the Lenders, the L/C Issuers and the
Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, in consultation with the Borrower, to appoint a successor, which shall be a bank that is a U.S. person (within the meaning of Treasury Regulations Section 1.1441-1), or an Affiliate of any such bank with an office in the United States, which office shall assume primary withholding responsibility under Treasury Regulations
Section 1.1441-1. If no such successor shall have been so appointed by the Required Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of
its resignation, then the retiring Administrative Agent may on behalf of the Lenders and the L/C Issuers, appoint a successor Administrative Agent meeting the qualifications set forth above; provided that if the Administrative Agent shall
notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (1) the retiring Administrative Agent shall be discharged
from its duties and obligations hereunder and under the other Loan Documents and (2) all payments, communications and determinations provided to be made by, to or through the Administrative Agent shall instead be made by or to each Lender and
each L/C Issuer directly, until such time as the Required Lenders appoint a successor Administrative Agent as provided for above in this Section. Upon the acceptance of a successor’s appointment as Administrative Agent hereunder, such successor
shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Administrative Agent, and the retiring Administrative Agent shall be discharged from all of its duties and obligations hereunder or
under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise
agreed between the Borrower and such successor. After the retiring Administrative Agent’s resignation hereunder and under the other Loan Documents, the provisions of this Article and Section 10.04 shall continue in
effect for the benefit of such retiring Administrative Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring
Administrative Agent was acting as Administrative Agent. In the event that there is a successor to the Administrative Agent by merger, or the Administrative Agent assigns its duties and obligations to an Affiliate pursuant to this
Section 9.07, then the term “prime rate” as used in this Agreement shall mean the prime rate, base rate or other analogous rate of the new Administrative Agent. 

(b)    Any resignation by U.S. Bank as Administrative Agent pursuant to this Section shall also constitute its resignation
as an L/C Issuer and Swing Line Lender. Upon the acceptance 

  
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of a successor’s appointment as Administrative Agent hereunder, (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the
retiring L/C Issuer and Swing Line Lender, (b) the retiring L/C Issuer and Swing Line Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (c) the successor L/C
Issuer shall issue letters of credit in substitution for the Letters of Credit issued by the retiring L/C Issuer, if any, outstanding at the time of such succession or make other arrangements satisfactory to the retiring L/C Issuer to effectively
assume the obligations of the retiring L/C Issuer with respect to such Letters of Credit. 
 (c)    Anything herein to
the contrary notwithstanding, if at any time the Required Lenders determine that the Person serving as Administrative Agent is (without taking into account any provision in the definition of “Defaulting Lender” requiring notice from, or a
determination by, the Administrative Agent or any other party) a Defaulting Lender pursuant to clause (c) of the definition of “Defaulting Lender”, the Required Lenders may by notice (the “Removal Notice”) to the
Borrower and such Person remove such Person as Administrative Agent and, with the consent of the Borrower (not to be unreasonably withheld), appoint a replacement Administrative Agent hereunder. If no such replacement Administrative Agent has been
appointed by the Required Lenders and has accepted such appointment within 30 days after the delivery of the Removal Notice (or such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such
removal shall nonetheless, to the fullest extent permitted by applicable law, become effective in accordance with the Removal Notice on the Removal Effective Date. 

9.08.    Non-Reliance on Administrative Agent and Other Lenders.

 (a)    Each Lender and each L/C Issuer acknowledges that it has, independently and without reliance upon the
Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Agreement. Each Lender and each L/C
Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate,
continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any document furnished hereunder or thereunder. Except for any notice, report, document or
other information expressly required to be furnished to the Lenders or L/C Issuers by the Administrative Agent hereunder, neither the Administrative Agent nor the Lead Arrangers shall have any duty or responsibility (either initially or on a
continuing basis) to provide any Lender or any L/C Issuer with any notice, report, document, credit information or other information concerning the affairs, financial condition or business of the Borrower or any of its Affiliates that may come into
the possession of the Administrative Agent or Lead Arrangers (whether or not in their respective capacity as Administrative Agent or Lead Arrangers) or any of their Affiliates. 

(b)    Each Lender and each L/C Issuer further acknowledges that it has had the opportunity to be represented by legal
counsel in connection with its execution of this Agreement and the other Loan Documents, that it has made its own evaluation of all applicable laws and regulations relating to the transactions contemplated hereby, and that the counsel to the
Administrative Agent represents only the Administrative Agent and not the Lenders or L/C Issuers in connection with this Agreement and the transactions contemplated hereby. 

  
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 9.09.    No Other Duties, Etc. Anything herein to the
contrary notwithstanding, none of the Lead Arrangers, Co-Syndication Agents or Co-Documentation Agents listed on the cover page hereof shall have any powers, duties or
responsibilities under this Agreement or any of the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or an L/C Issuer hereunder. Without limiting the foregoing, none of such Lenders or L/C Issuers
shall have or be deemed to have a fiduciary relationship with any Lender or L/C Issuer. Each Lender and each L/C Issuer hereby makes the same acknowledgments with respect to such Lenders and L/C Issuers as it makes with respect to the Administrative
Agent in Section 9.08. 
 9.10.    Administrative Agent May File Proofs of
Claim. In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to the Borrower, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be
due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise 

(a)    to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the
Loans, L/C Obligations and all other Obligations that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuers and the Administrative Agent (including any
claim for the reasonable compensation, expenses, disbursements and advances of the Lenders, the L/C Issuers and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuers and the
Administrative Agent under Sections 2.04(h) and (i), 2.10 and 10.04) allowed in such judicial proceeding; and 

(b)    to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the
same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby
authorized by each Lender and each L/C Issuer to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders and the L/C Issuers, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Sections 2.10 and
10.04. 
 Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt on behalf of
any Lender or any L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or any L/C Issuer to authorize the Administrative Agent to vote in respect of the claim of any
Lender or any L/C Issuer in any such proceeding. 
 9.11.    General Immunity. Neither the Administrative
Agent nor any of its directors, officers, agents or employees shall be liable to the Borrower, the Lenders or any Lender for any action taken or omitted to be taken by it or them hereunder or under any other Loan Document or in connection herewith
or therewith except to the extent such action or inaction is determined in a final non-appealable judgment by a court of competent jurisdiction to have arisen from the gross negligence of, willful misconduct
of, or the breach of any of its obligations under any Loan Document by, such Person. 

  
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 9.12.    Administrative Agent Fees. The Borrower agrees to
pay to the Administrative Agent the fees agreed to by the Borrower and the Administrative Agent. 

9.13.    Erroneous Payments. 

(a)    If the Administrative Agent notifies a Lender, L/C Issuer or other holder of any Obligations (each, a
“Lender Party”), or any Person who has received funds on behalf of a Lender Party (any such Lender Party or other recipient, a “Payment Recipient”), that the Administrative Agent has determined in its sole
discretion (whether or not after receipt of any notice under Section 9.13(b)) that any funds received by such Payment Recipient from the Administrative Agent or any of its Affiliates were erroneously transmitted to, or
otherwise erroneously received by, such Payment Recipient (whether or not such error is known to any Payment Recipient) (any such funds, whether received as a payment, prepayment or repayment of principal, interest, fees, distribution or otherwise,
individually and collectively, an “Erroneous Payment”) and demands the return of such Erroneous Payment (or a portion thereof), such Erroneous Payment shall at all times remain the property of the Administrative Agent and shall be
segregated by the Payment Recipient and held in trust for the benefit of the Administrative Agent, and such Payment Recipient shall promptly, but in no event later than one Business Day thereafter, return to the Administrative Agent the amount of
any such Erroneous Payment (or portion thereof) as to which such a demand was made, in same day funds (in the currency so received), together with interest thereon in respect of each day from and including the date such Erroneous Payment (or portion
thereof) was received by such Payment Recipient to the date such amount is repaid to the Administrative Agent in same day funds at the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking
industry rules on interbank compensation from time to time in effect. A notice of the Administrative Agent to any Payment Recipient under this clause (a) shall be conclusive, absent manifest error. 

(b)    Without limiting Section 9.13(a), if any Payment Recipient receives a payment, prepayment
or repayment (whether received as a payment, prepayment or repayment of principal, interest, fees, distribution or otherwise) from the Administrative Agent (or any of its Affiliates) that (x) is in a different amount than, or on a different
date from, that specified in a notice of payment, prepayment or repayment sent by the Administrative Agent (or any of its Affiliates) with respect to such payment, prepayment or repayment, (y) was not preceded or accompanied by a notice of
payment, prepayment or repayment sent by the Administrative Agent (or any of its Affiliates), or (z) such Payment Recipient otherwise becomes aware was transmitted, or received, in error (in whole or in part): 

(i)    (A) in the case of immediately preceding clause (x) or (y), an error shall be presumed to have been made
(absent written confirmation from the Administrative Agent to the contrary) or (B) in the case of immediately preceding clause (z), an error has been made, in each case, with respect to such payment, prepayment or repayment; and 

(ii)    such Payment Recipient shall promptly (and, in all events, within one Business Day of its knowledge of such
error) notify the Administrative Agent of its receipt of such payment, prepayment or repayment, the details thereof (in reasonable detail) and that it is so notifying the Administrative Agent pursuant to this
Section 9.13(b). 

  
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 (c)    Each Lender Party hereby authorizes the Administrative Agent to
set off, net and apply any and all amounts at any time owing to such Lender Party under any Loan Document, or otherwise payable or distributable by the Administrative Agent to such Lender Party from any source, against any amount due to the
Administrative Agent under Section 9.13(a) or under the indemnification provisions of this Agreement. 

(d)    An Erroneous Payment shall not pay, prepay, repay, discharge or otherwise satisfy any Obligations, except to the
extent such Erroneous Payment comprises funds received by the Administrative Agent from the Borrower for the purpose of making such Erroneous Payment. 

(e)    To the extent permitted by applicable law, each Payment Recipient hereby agrees not to assert any right or claim to
an Erroneous Payment, and hereby waives, and is deemed to waive, any claim, counterclaim, defense or right of set-off or recoupment, including without limitation any defense based on “discharge for
value” or any similar doctrine, with respect to any demand, claim or counterclaim by the Administrative Agent for the return of any Erroneous Payment. 

(f)    Each party’s agreements under this Section 9.13 shall survive the resignation or
replacement of the Administrative Agent, any transfer of rights or obligations by, or the replacement of, a Lender or L/C Issuer, the termination of the Commitments, or the repayment, satisfaction or discharge of any or all Obligations. 

(g)    Notwithstanding anything to the contrary in this Section 9.13, the Borrower shall have no
obligation, liability or responsibility for any actions, consequences or remediation (including the repayment or recovery of any amounts) contemplated by this Section 9.13 (for the avoidance of doubt, other than its
obligations under this Agreement to repay the Obligations when due) (and, for the avoidance of doubt, it is understood and agreed that solely to the extent such Erroneous Payment is comprised of funds received by the Administrative Agent from the
Borrower for the purposes of satisfying an Obligation, nothing in this Section 9.13 (or Section 10.04 (or any equivalent provision) in connection therewith) shall require the Borrower to pay
additional amounts that are duplicative of such previously paid amounts). 
 ARTICLE X 

MISCELLANEOUS 

10.01.    Amendments, Etc. Except as otherwise set forth in Section 2.16 and
Section 2.19, no amendment or waiver of any provision of this Agreement or any other Loan Document, and no consent to any departure by the Borrower therefrom, shall be effective unless in writing signed by the Required
Lenders and the Borrower, as the case may be, and acknowledged by the Administrative Agent, and each such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided,
however, that no such amendment, waiver or consent shall: 
 (a)    waive any condition set forth in
Section 4.01 without the written consent of each Lender; 

  
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 (b)    extend or increase the Commitment of any Lender (or reinstate any
Commitment terminated pursuant to Section 8.02) without the written consent of such Lender; 

(c)    postpone any date fixed by this Agreement or any other Loan Document for any payment or mandatory prepayments
of principal, interest, fees or other amounts due to the Lenders (or any of them) or any scheduled or mandatory reduction of the Aggregate Commitments hereunder or under any other Loan Document without the written consent of each Lender directly
affected thereby; 
 (d)    reduce the principal of, or the rate of interest specified herein on, any Loan or L/C
Borrowing, or (subject to clause (iv) of the second proviso to this Section 10.01) any fees or other amounts payable hereunder or under any other Loan Document without the written consent of each Lender directly
affected thereby; provided, however, that only the consent of the Required Lenders shall be necessary to amend the definition of “Default Rate” or to waive any obligation of the Borrower to pay interest or Letter of Credit
Fees at the Default Rate; 
 (e)    change Section 8.03 or 2.14 in a manner that would
alter the pro rata sharing of payments required thereby without the written consent of each Lender; or 
 (f)    change
any provision of this Section or the definition of “Required Lenders” or any other provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination
or grant any consent hereunder, without the written consent of each Lender; 
 and, provided further, that (i) no amendment, waiver or
consent shall, unless in writing and signed by the L/C Issuers in addition to the Lenders required above, affect the rights or duties of the L/C Issuers under this Agreement or any Issuer Document relating to any Letter of Credit issued or to be
issued by it; (ii) no amendment, waiver or consent shall, unless in writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or duties of the Swing Line Lender under this Agreement; (iii) no
amendment, waiver or consent shall, unless in writing and signed by the Administrative Agent in addition to the Lenders required above, affect the rights or duties of the Administrative Agent under this Agreement or any other Loan Document; and
(iv) each Fee Letter may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or
disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than
Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (y) any waiver, amendment or modification requiring the consent of all Lenders or each
affected Lender that by its terms affects any Defaulting Lender more adversely than other affected Lenders shall require the consent of such Defaulting Lender. 

10.02.    Notices; Effectiveness; Electronic Communication. 

(a)    Notices Generally. Except in the case of notices and other communications expressly permitted to be given by
telephone (and except as provided in subsection (b) below), all 

  
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notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopier
as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i)    if to the Borrower, the Administrative Agent, the L/C Issuers or the Swing Line Lender, to the address, telecopier
number, electronic mail address or telephone number specified for such Person on Schedule 10.02; and 

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

Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an
e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to
have been sent at the opening of business on the next business day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its
e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor. 

(c)    The Platform. THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS
DEFINED BELOW) DO NOT WARRANT THE 

  
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ACCURACY OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY
KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE
BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the Administrative Agent or any of its Related Parties (collectively, the “Agent Parties”) have any liability to the Borrower, any
Lender, any L/C Issuer or any other Person for losses, claims, damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Borrower
Materials through the Internet, except to the extent that such losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and non-appealable judgment to
have resulted from the gross negligence or willful misconduct of such Agent Party; provided, however, that in no event shall any Agent Party have any liability to the Borrower, any Lender, any L/C Issuer or any other Person for
indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 

(d)    Change of Address, Etc. Each of the Borrower, the Administrative Agent, the L/C Issuers and the Swing Line
Lender may change its address, telecopier or telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, telecopier or telephone number for notices and other
communications hereunder by notice to the Borrower, the Administrative Agent, the L/C Issuers and the Swing Line Lender. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent has
on record (i) an effective address, contact name, telephone number, telecopier number and electronic mail address to which notices and other communications may be sent and (ii) accurate wire instructions for such Lender. Furthermore, each
Public Lender agrees to cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to
enable such Public Lender or its delegate, in accordance with such Public Lender’s compliance procedures and applicable Law, including United States Federal and state securities Laws, to make reference to Borrower Materials that are not made
available through the “Public Side Information” portion of the Platform and that may contain material non-public information with respect to the Borrower or its securities for purposes of United
States Federal or state securities laws. 
 (e)    Reliance by Administrative Agent, L/C Issuers and Lenders. The
Administrative Agent, the L/C Issuers and the Lenders shall be entitled to rely and act upon any notices (including telephonic Revolving Loan Notices and Swing Line Loan Notices) purportedly given by or on behalf of the Borrower even if
(i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any
confirmation thereof. The Borrower shall indemnify the Administrative Agent, each L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each
notice purportedly given by or on behalf of the Borrower. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such
recording. 

  
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 10.03.    No Waiver; Cumulative Remedies; Enforcement. No
failure by any Lender, any L/C Issuer or the Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise
of any right, remedy, power or privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not
exclusive of any rights, remedies, powers and privileges provided by law. 
 Notwithstanding anything to the contrary contained herein or in
any other Loan Document, the authority to enforce rights and remedies hereunder and under the other Loan Documents against the Borrower shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall
be instituted and maintained exclusively by, the Administrative Agent in accordance with Section 8.02 for the benefit of all the Lenders and L/C Issuers; provided, however, that the foregoing shall not
prohibit (a) the Administrative Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) any L/C Issuer or
the Swing Line Lender from exercising the rights and remedies that inure to its benefit (solely in its capacity as L/C Issuer or Swing Line Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising
setoff rights in accordance with Section 10.08 (subject to the terms of Section 2.14), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during
the pendency of a proceeding relative to the Borrower under any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then
(i) the Required Lenders shall have the rights otherwise ascribed to the Administrative Agent pursuant to Section 8.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the
preceding proviso and subject to Section 2.14, any Lender may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 

10.04.    Expenses; Indemnity; Damage Waiver. 

(a)    Costs and Expenses. The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the
syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or
thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by any L/C Issuer
in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses
incurred by the Administrative Agent, any Lender or any L/C Issuer (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or any L/C Issuer), in connection with the enforcement or protection of its
rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. Notwithstanding the foregoing, with respect to
this Section 10.04(a), the Borrower shall only be required to reimburse the Administrative Agent, the Lenders and the L/C Issuers for attorneys’ fees and time charges of not more than three firms of attorneys unless a
Default or Event of Default has occurred and is continuing. 

  
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 (b)    Indemnification by the Borrower. The Borrower shall
indemnify the Administrative Agent (and any sub-agent thereof), each Co-Syndication Agent, each Lead Arranger, each Lender and each L/C Issuer, and each Related Party of
any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses (including, without limitation, the
reasonable fees, charges and disbursements of any counsel for any Indemnitee) incurred by or asserted or awarded against any Indemnitee, in each case, arising out of, in connection with, or by reason of (including, without limitation, in connection
with any investigation, litigation or proceeding or preparation of a defense in connection therewith) (i) the execution or delivery of this Agreement, any other Loan Document, the Amended and Restated Commitment Letter or any agreement or
instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder, the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative
Agent (and any sub-agent thereof) and its Related Parties only, the administration of this Agreement and the other Loan Documents (including in respect of any matters addressed in
Section 3.01), (ii) any Loan or Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by any L/C Issuer to honor a demand for payment under a Letter of Credit if the documents
presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Hazardous Materials on or from any property owned or operated by the Borrower or any of
its Subsidiaries, or any Environmental Liability related in any way to the Borrower or any of its Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on
contract, tort or any other theory, whether brought by a third party or by the Borrower, and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent
that such losses, claims, damages, liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and non-appealable judgment to have resulted from the gross negligence
or willful misconduct of such Indemnitee or (y) result from a claim brought by the Borrower or any of its Subsidiaries against an Indemnitee for a material breach of such Indemnitee’s express obligations hereunder, under any other Loan
Document or the Amended and Restated Commitment Letter, if the Borrower or any of its Subsidiaries has obtained a final and non-appealable judgment in its favor on such claim as determined by a court of
competent jurisdiction. Notwithstanding the foregoing, with respect to this Section 10.04(b), the Borrower shall only be required to reimburse the Administrative Agent and the Lenders for attorneys’ fees and time
charges of not more than three firms of attorneys unless a Default or Event of Default has occurred and is continuing. This Section 10.04(b) shall not apply with respect to Taxes other than any Taxes that represent losses,
claims, damages, etc. arising from any non-Tax claim. Payments under this Section shall be made by the Borrower to the Administrative Agent for the benefit of the relevant Indemnitee. 

(c)    Reimbursement by Lenders. To the extent that the Borrower for any reason fails to indefeasibly pay any
amount required under subsection (a) or (b) of this Section to be paid by it to the Administrative Agent (or any sub-agent thereof), any L/C Issuer or any Related Party of any of the foregoing, each
Lender severally agrees to pay to the Administrative Agent (or any such sub-agent), such L/C Issuer or such Related Party, as the case may be, such Lender’s Applicable

  
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Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided that the unreimbursed expense or indemnified
loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (or any such sub-agent) or any L/C Issuer in its capacity as such, or against
any Related Party of any of the foregoing acting for the Administrative Agent (or any such sub-agent) or any L/C Issuer in connection with such capacity. The obligations of the Lenders under this
subsection (c) are subject to the provisions of Section 2.13(d). 
 (d)    Waiver of
Consequential Damages, Etc. To the fullest extent permitted by applicable law, the Borrower shall not assert, and hereby waives, any claim against any Indemnitee, on any theory of liability, for special, indirect, consequential or punitive
damages (as opposed to direct or actual damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any
Loan or Letter of Credit or the use of the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to
such unintended recipients by such Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other
than for direct or actual damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and non-appealable judgment of a court of competent jurisdiction. 

(e)    Payments. All amounts due under this Section shall be payable not later than ten Business Days after demand
therefor. 
 (f)    Survival. The agreements in this Section shall survive the resignation of the Administrative
Agent, any L/C Issuer and the Swing Line Lender, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all the other Obligations. 

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

  
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 10.06.    Successors and Assigns. 

(a)    Successors and Assigns Generally. The provisions of this Agreement shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns permitted hereby, except that the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the
Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance with the provisions of subsection (b) of this Section, (ii) by way
of participation in accordance with the provisions of subsection (d) of this Section, or (iii) by way of pledge or assignment of a security interest subject to the restrictions of subsection (f) of this Section (and any other
attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns
permitted hereby, Participants to the extent provided in subsection (d) of this Section and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuers and the Lenders) any legal or
equitable right, remedy or claim under or by reason of this Agreement. 
 (b)    Assignments by Lenders. Any
Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitment and the Loans (including for purposes of this subsection (b), participations in
L/C Obligations and in Swing Line Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions: 

(i)    Minimum Amounts. 

(A)    in the case of an assignment of the entire remaining amount of the assigning Lender’s
Commitment and the Loans at the time owing to it or in the case of an assignment to a Lender or an Affiliate of a Lender, no minimum amount need be assigned; and 

(B)    in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the
Commitment (which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date
the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $10,000,000 or a
multiple of $1,000,000 in excess of that amount unless each of the Administrative Agent and, so long as no Event of Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or
delayed); provided, however, that concurrent assignments to members of an Assignee Group and concurrent assignments from members of an Assignee Group to a single Eligible Assignee (or to an Eligible Assignee and members of its Assignee
Group) will be treated as a single assignment for purposes of determining whether such minimum amount has been met. 

  
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 (ii)    Proportionate Amounts. Each partial assignment shall be
made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement with respect to the Loans or the Commitment assigned, except that this clause (ii) shall not apply to rights in respect
of the Swing Line Lender’s rights and obligations in respect of Swing Line Loans; 
 (iii)    Required
Consents. No consent shall be required for any assignment except to the extent required by subsection (b)(i)(B) of this Section and, in addition: 

(A)    the consent of the Borrower (such consent not to be unreasonably withheld or delayed) shall be
required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a Lender or an Affiliate of a Lender; 

(B)    the consent of the Administrative Agent (such consent not to be unreasonably withheld or delayed)
shall be required if such assignment is to a Person that is not a Lender or an Affiliate of such Lender; 

(C)    the consent of the L/C Issuers (such consent not to be unreasonably withheld or delayed) shall be
required for any assignment that increases the obligation of the assignee to participate in exposure under one or more Letters of Credit (whether or not then outstanding); and 

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

(v)    No Assignment to Certain Persons. No such assignment shall be made (A) to the Borrower, any Parent
Company or any of their respective Subsidiaries, (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), (C) to
any Person that is not a Bank (unless the Borrower shall have consented to such assignment, which consent may be withheld in its sole discretion) or (D) to a natural person. 

(vi)    Certain Additional Payments. In connection with any assignment of rights and obligations of any Defaulting
Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate
amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the
Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the 

  
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applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent or any
Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage.
Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of
such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement until such compliance occurs. 
 Subject to acceptance and
recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the
extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption,
be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto) but shall
continue to be entitled to the benefits of Sections 3.01, 3.04, 3.05, and 10.04 with respect to facts and circumstances occurring prior to the effective date of such assignment. Upon request, the Borrower (at its expense)
shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this subsection shall be treated for purposes of this Agreement as a sale by such
Lender of a participation in such rights and obligations in accordance with subsection (d) of this Section. 

(c)    Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrower, shall
maintain at the Administrative Agent’s Office in the United States a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal
amounts of the Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative Agent, the Lenders
and the L/C Issuers shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender for all purposes of this Agreement, notwithstanding notice to the contrary. In addition, the Administrative Agent shall
maintain on the Register information regarding the designation, and revocation of designation, of any Lender as a Defaulting Lender. The Register shall be available for inspection by the Borrower and any Lender and L/C Issuer, at any reasonable time
and from time to time upon reasonable prior notice. Notwithstanding anything to the contrary in this Agreement or any Loan Document, no transfer or assignment of any Loan or L/C Obligation shall be effective until properly recorded in the Register.
It is intended that any Loans or other obligations issued pursuant to this Agreement or any Loan Document shall be maintained at all times in “registered form” within the meaning of Sections 163(f), 871(h)(2) and 881(c)(2) of the Code,
Treasury Regulation Section 5f.103-1(c) and the provisions of this Agreement shall be construed in accordance with this intention. 

(d)    Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the
Administrative Agent, sell participations to any Person (other than a natural person, a Defaulting Lender or the Borrower or any of the Borrower’s Subsidiaries) (each, a 

  
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“Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans (including
such Lender’s participations in L/C Obligations and/or Swing Line Loans) owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely
responsible to the other parties hereto for the performance of such obligations, (iii) the Borrower, the Administrative Agent, the Lenders and the L/C Issuers shall continue to deal solely and directly with such Lender in connection with such
Lender’s rights and obligations under this Agreement, and (iv) each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a
register on which it enters the name and address of each Participant and the principal amounts of each Participant’s interest in the Loans, L/C Obligations, Swing Line Loans and any other obligations under the Loan Documents (the
“Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s
interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan, letter of credit or other
obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations, or is otherwise required thereunder. The entries in the Participant Register shall be conclusive
absent manifest error, and the Borrower, the Lenders and the Administrative Agent shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement, notwithstanding
notice to the contrary. It is intended that any Loans or other obligations issued pursuant to this Agreement or any Loan Document shall be maintained at all times in “registered form” within the meaning of Sections 163(f), 871(h)(2) and
881(c)(2) of the Code, Treasury Regulation Section 5f.103-1(c) and the provisions of this Agreement shall be construed in accordance with this intention. 

Any agreement or instrument pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right
to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any
amendment, waiver or other modification described in the first proviso to Section 10.01 that affects such Participant. Subject to subsection (e) of this Section, the Borrower agrees that each Participant shall be
entitled to the benefits of Sections 3.01, 3.04 and 3.05 (subject to the requirements and limitations therein read as if a Participant was a Lender) to the same extent as if it were a Lender and had acquired its interest by
assignment pursuant to subsection (b) of this Section. To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender, provided such Participant
agrees to be subject to Section 2.14 as though it were a Lender. 
 (e)    Limitations upon
Participant Rights. A Participant shall not be entitled to receive any greater payment under Section 3.01 or 3.04 than the applicable Lender would have been entitled to receive with respect to the
participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent. A Participant shall not be entitled to the benefits of Sections 3.01, 3.04 and
3.05 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees, for the benefit of the Borrower, to comply with Section 3.01(e) as though it were a Lender. 

  
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 (f)    Certain Pledges. Any Lender may at any time pledge or
assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank;
provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

(g)    Resignation as L/C Issuer or Swing Line Lender after Assignment. Notwithstanding anything to the contrary
contained herein, if at any time U.S. Bank assigns all of its Commitment and Loans pursuant to subsection (b) above, U.S. Bank may, (i) upon 30 days’ notice to the Borrower and the Lenders, resign as an L/C Issuer and/or
(ii) upon 30 days’ notice to the Borrower, resign as Swing Line Lender. In the event of any such resignation as an L/C Issuer or Swing Line Lender, the Borrower shall be entitled to appoint from among the Lenders a successor L/C Issuer or
Swing Line Lender hereunder; provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of U.S. Bank as an L/C Issuer or Swing Line Lender, as the case may be. If U.S. Bank resigns as
an L/C Issuer, it shall retain all the rights, powers, privileges and duties of an L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an L/C Issuer and all L/C Obligations with
respect thereto (including the right to require the Lenders to make Base Rate Revolving Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.04(c)). If U.S. Bank resigns as Swing Line Lender, it
shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate
Revolving Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.05(c). Upon the appointment of a successor L/C Issuer and/or Swing Line Lender, (a) such successor shall succeed to and
become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swing Line Lender, as the case may be, and (b) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit,
if any, outstanding at the time of such succession or make other arrangements satisfactory to U.S. Bank to effectively assume the obligations of U.S. Bank with respect to such Letters of Credit. 

10.07.    Treatment of Certain Information; Confidentiality. Each of the Administrative Agent, the Lenders
and the L/C Issuers agrees to maintain the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers,
employees, agents, trustees, advisors and representatives (it being understood that (i) the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to treat such Information with
the same degree of care as they treat their own confidential information and (ii) such Information shall be used solely for the purpose of providing the services contemplated by this Agreement or other services to the Borrower or its
Subsidiaries), (b) to the extent requested by any regulatory authority purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by
applicable laws or regulations or by any subpoena or similar legal process, (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating
to this Agreement or any other Loan Document or the enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in,

  
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or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement (or any Eligible Assignee invited to be a Lender pursuant to
Section 2.16) or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its obligations, (g) with the consent of the Borrower or
(h) to the extent such Information (x) becomes publicly available other than as a result of a breach of this Section or (y) becomes available to the Administrative Agent, any Lender, any L/C Issuer or any of their respective
Affiliates on a nonconfidential basis from a source other than the Borrower. For purposes of this Section, “Information” means all information received from the Borrower or any Subsidiary relating to the Borrower or any Subsidiary or any
of their respective businesses, other than any such information that is available to the Administrative Agent, any Lender or any L/C Issuer on a nonconfidential basis prior to disclosure by the Borrower or any Subsidiary. Any Person required to
maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as
such Person would accord to its own confidential information. 
 Each of the Administrative Agent, the Lenders and the L/C Issuers
acknowledges that (a) the Information may include material non-public information concerning the Borrower or a Subsidiary, as the case may be, (b) it has developed compliance procedures regarding the
use of material non-public information and (c) it will handle such material non-public information in accordance with applicable Law, including United States
Federal and state securities Laws. 
 In addition, the Administrative Agent and the Lenders may disclose to market data collectors, similar
service providers to the lending industry and service providers to the Administrative Agent and the Lenders in connection with the administration of this Agreement and the other Loan Documents the existence of this Agreement and anonymized or public
information about this Agreement consisting of deal terms and other information customarily provided to such market data collectors and service providers. 

10.08.    Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender, each
L/C Issuer and each of their respective Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by applicable law, to set off and apply any and all deposits (general or special, time or demand, provisional
or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such L/C Issuer or any such Affiliate to or for the credit or the account of the Borrower against any and all of the
obligations of the Borrower now or hereafter existing under this Agreement or any other Loan Document to such Lender or such L/C Issuer, irrespective of whether or not such Lender or such L/C Issuer shall have made any demand under this Agreement or
any other Loan Document and although such obligations of the Borrower may be contingent or unmatured or are owed to a branch or office of such Lender or such L/C Issuer different from the branch or office holding such deposit or obligated on such
indebtedness; provided, that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the
provisions of Section 2.18 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent and the Lenders, and (y) the
Defaulting Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such 

  
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right of setoff. The rights of each Lender, each L/C Issuer and their respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that
such Lender, such L/C Issuer or their respective Affiliates may have. Each Lender and each L/C Issuer agrees to notify the Borrower and the Administrative Agent promptly after any such setoff and application, provided that the failure to give
such notice shall not affect the validity of such setoff and application. 
 10.09.    Interest Rate
Limitation. Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum rate of non-usurious
interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the
Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent
permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and
spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 

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

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

10.12.    Severability. If any provision of this Agreement or the other Loan Documents is held to be
illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in
good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as 

  
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close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such
provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 10.12, if and to the extent that the enforceability of any provisions in this Agreement relating to Defaulting Lenders shall be
limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, an L/C Issuer or the Swing Line Lender, as applicable, then such provisions shall be deemed to be in effect only to the extent not so limited. 

10.13.    Replacement of Lenders. If (i) any Lender requests compensation under
Section 3.04, (ii) the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, (iii) any Lender is a
Defaulting Lender or (iv) any Lender is a Non-Consenting Lender or a Non-Extending Lender, then the Borrower may, at its sole expense and effort, upon notice to
such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 10.06), all of its
interests, rights and obligations under this Agreement and the related Loan Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 

(a)    the Borrower shall have paid to the Administrative Agent the assignment fee specified in
Section 10.06(b); 
 (b)    such Lender shall have received payment of an amount equal to 100%
of the outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents (including any amounts under Section 3.05)
from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 

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

(d)    in the case of any such assignment resulting from a Lender becoming a
Non-Consenting Lender or a Non-Extending Lender, the applicable Eligible Assignee(s) shall have agreed to the applicable departure, waiver, extension or amendment of the
Loan Documents; and 
 (e)    such assignment does not conflict with applicable Laws. 

A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or
otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 
 In the event that
(i) the Borrower or the Administrative Agent has requested that the Lenders consent to a departure or waiver of any provisions of the Loan Documents or agree to any amendment thereto, (ii) the consent, waiver or amendment in question
requires the agreement of such Lender, each Lender directly affected thereby or each Lender in accordance with the terms of Section 10.01 and (iii) the Required Lenders have agreed to such consent, waiver or amendment,
then any Lender who does not agree to such consent, waiver or amendment shall be deemed a “Non-Consenting Lender.” 

  
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 10.14.    Governing Law; Jurisdiction; Etc. 

(a)    GOVERNING LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF
NEW YORK. 
 (b)    SUBMISSION TO JURISDICTION. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR
ITSELF AND ITS PROPERTY, TO THE EXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY
ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY
SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A FINAL JUDGMENT IN ANY SUCH ACTION OR PROCEEDING
SHALL BE CONCLUSIVE AND MAY BE ENFORCED IN OTHER JURISDICTIONS BY SUIT ON THE JUDGMENT OR IN ANY OTHER MANNER PROVIDED BY LAW. 

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

(d)    SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR
NOTICES IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

10.15.    Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED
BY APPLICABLE LAW, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON
CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY 

  
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OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE
OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

10.16.    No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction
contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Loan Document), the Borrower acknowledges and agrees and acknowledges its Affiliates’ understanding, that: (i) (A) the
arranging and other services regarding this Agreement provided by the Administrative Agent and the Lead Arrangers are arm’s-length commercial transactions between the Borrower and its respective
Affiliates, on the one hand, and the Administrative Agent and the Lead Arrangers, on the other hand, (B) the Borrower has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate, and (C) the
Borrower is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (ii) (A) the Administrative Agent and the Lead Arrangers each is and has
been acting solely as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for the Borrower or any of its Affiliates, or any other Person and
(B) neither the Administrative Agent nor the Lead Arrangers has any obligation to the Borrower or any of its Affiliates with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the
other Loan Documents; and (iii) the Administrative Agent and the Lead Arrangers and their respective Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and its Affiliates,
and neither the Administrative Agent nor the Lead Arrangers has any obligation to disclose any of such interests to the Borrower or its Affiliates. To the fullest extent permitted by law, the Borrower hereby waives and releases any claims that it
may have against the Administrative Agent and the Lead Arrangers with respect to any breach or alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 

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

10.18.    PATRIOT Act. Each Lender that is subject to the PATRIOT Act and the Administrative Agent (for
itself and not on behalf of any Lender) hereby notifies the Borrower that pursuant to the requirements of the PATRIOT Act, it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and
address of the Borrower and other information that will allow such Lender or the Administrative Agent, as applicable, to identify the Borrower in accordance with the PATRIOT Act. The Borrower shall, 

  
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promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply
with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the PATRIOT Act. 

10.19.    Acknowledgement and Consent to Bail-In of Affected Financial
Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any Lender that is an Affected
Financial Institution arising under any Loan Document, to the extent such liability is unsecured, may be subject to the write-down and conversion powers of the applicable Resolution Authority and agrees and consents to, and acknowledges and agrees
to be bound by: 
 (a)    the application of any Write-Down and Conversion Powers by the applicable Resolution Authority
to any such liabilities arising hereunder which may be payable to it by any Lender that is an Affected Financial Institution; and 

(b)    the effects of any Bail-In Action on any such liability, including, if
applicable: 
 (i)    a reduction in full or in part or cancellation of any such liability; 

(ii)    a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such
Affected Financial Institution, its parent undertaking, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect
to any such liability under this Agreement or any other Loan Document; or 
 (iii)    the variation of the terms of
such liability in connection with the exercise of the write-down and conversion powers of the applicable Resolution Authority. 

10.20.    Document Imaging; Telecopy and PDF Signatures; Electronic Signatures. Without notice to or consent
of the Borrower, the Administrative Agent and each Lender may create electronic images of any Loan Documents and destroy paper originals of any such imaged documents. Such images have the same legal force and effect as the paper originals and are
enforceable against the Borrower and any other parties thereto. The Administrative Agent and each Lender may convert any Loan Document into a “transferrable record” as such term is defined under, and to the extent permitted by, the Uniform
Electronic Transactions Act, with the image of such instrument in the Administrative Agent’s or such Lender’s possession constituting an “authoritative copy” under the Uniform Electronic Transactions Act. If the Administrative
Agent agrees, in its sole discretion, to accept delivery by telecopy or PDF of an executed counterpart of a signature page of any Loan Document or other document required to be delivered under the Loan Documents, such delivery will be valid and
effective as delivery of an original manually executed counterpart of such document for all purposes. If the Administrative Agent agrees, in its sole discretion, to accept any electronic signatures of any Loan Document or other document required to
be delivered under the Loan Documents, the words “execution,” “signed,” and “signature,” and words of like import, in or referring to any document so signed will deemed to include electronic signatures and/or the
keeping of records in electronic form, which will be of the same legal effect, 

  
 -107- 

 
validity and enforceability as a manually executed signature and/or the use of a paper-based recordkeeping system, to the extent and as provided for in any applicable law, including the Uniform
Electronic Transactions Act, the Federal Electronic Signatures in Global and National Commerce Act, or any other state laws based on, or similar in effect to, such acts. The Administrative Agent and each Lender may rely on any such electronic
signatures without further inquiry. 
 10.21.    Time of the Essence. Time is of the essence of the Loan
Documents. 
 10.22.    Entire Agreement. This Agreement and the other Loan Documents represent the final
agreement with respect to the subject matter hereof among the parties and may not be contradicted by evidence of prior or contemporaneous oral agreements of the parties. There are no unwritten oral agreements among the parties. 

[Remainder of page intentionally left blank] 

  
 -108- 

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

			
	THE TJX COMPANIES, INC., AS BORROWER
		
	By:	 	 /s/ Erica M. Farrell

	Name:	 	Erica Farrell
	Title:	 	Senior Vice President, Finance; Treasurer

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	U.S. BANK NATIONAL ASSOCIATION, AS ADMINISTRATIVE AGENT
		
	By:	 	 /s/ Joyce P.
Dorsett                                        

	Name:	 	Joyce P. Dorsett
	Title:	 	Senior Vice President
	
	U.S. BANK NATIONAL ASSOCIATION, AS A LENDER, L/C ISSUER AND SWING LINE LENDER
		
	By:	 	 /s/ Joyce P. Dorsett

	Name:	 	Joyce P. Dorsett
	Title:	 	Senior Vice President

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	HSBC BANK USA, NATIONAL ASSOCIATION,
AS CO-SYNDICATION AGENT, L/C ISSUER AND A LENDER
		
	By:	 	 /s/ Jaime
Mariano                                        

	Name:	 	Jaime Mariano
	Title:	 	Senior Vice President #21440

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, AS CO-SYNDICATION AGENT, L/C ISSUER AND A LENDER
		
	By:	 	 /s/ Carl
Hinrichs                                        

	Name:	 	Carl Hinrichs
	Title:	 	Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	BANK OF AMERICA, N.A., AS CO-DOCUMENTATION AGENT, L/C ISSUER AND A LENDER
		
	By:	 	 /s/ Alexandra
Korchmar                            

	Name:	 	Alexandra Korchmar
	Title:	 	Vice President

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
					
	DEUTSCHE BANK AG NEW YORK BRANCH,
	AS L/C ISSUER AND A LENDER
		
	By:	 	 /s/ Ming K.
Chu                                         
   

	Name:	 	Ming K. Chu	 	
	Title:	 	Director	 	
		
	By:	 	 /s/ Marko Lukin

	Name:	 	Marko Lukin	 	
	Title:	 	Vice President	 	

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	JPMORGAN CHASE BANK, N.A., AS CO-DOCUMENTATION AGENT, L/C ISSUER AND A LENDER
		
	By:	 	 /s/ Heather Hoopingarner

	Name:	 	Heather Hoopingarner
	Title:	 	Vice President

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	 THE BANK OF NEW YORK MELLON,

AS A LENDER

		
	By:	 	 /s/ John T. Smathers

	Name:	 	John T. Smathers
	Title:	 	Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	THE BANK OF NOVA SCOTIA, AS A LENDER
		
	By:	 	 /s/ Catherine Jones

	Name:	 	Catherine Jones
	Title:	 	Managing Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	KEYBANK NATIONAL ASSOCIATION, AS A LENDER
		
	By:	 	 /s/ Marianne T. Meil

	Name:	 	Marianne T. Meil
	Title:	 	Sr. Vice President

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	NATIONAL WESTMINSTER BANK PLC, AS A LENDER
		
	By:	 	 /s/ Jonathan Eady

	Name:	 	Jonathan Eady
	Title:	 	Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	TRUIST BANK, AS A LENDER
		
	By:	 	 /s/ Patricia J. Noneman

	Name:	 	Patricia J. Noneman
	Title:	 	Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	THE TORONTO-DOMINION BANK, NEW YORK BRANCH, AS A LENDER
		
	By:	 	 /s/ Brian MacFarlane

	Name:	 	Brian MacFarlane
	Title:	 	Authorized Signatory

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	BARCLAYS BANK PLC, AS A LENDER
		
	By:	 	 /s/ Robert F. Komminsk

	Name:	 	Robert F. Komminsk
	Title:	 	Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	CITIZENS BANK, N.A., AS A LENDER
		
	By:	 	 /s/ Sarina Trethewey

	Name:	 	Sarina Trethewey
	Title:	 	Officer

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	 COMMERZBANK AG, NEW YORK BRANCH,

AS A LENDER

		
	By:	 	 /s/ Pedro Bell

	Name:	 	Pedro Bell
	Title:	 	Managing Director
		
	By:	 	 /s/ Mathew J Ward

	Name:	 	Mathew Ward
	Title:	 	Managing Director

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	FIFTH THIRD BANK, N.A., AS A LENDER
		
	By:	 	 /s/ Todd S.
Robinson                                        

	Name:	 	Todd S. Robinson
	Title:	 	 SVP

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	PNC BANK, NATIONAL ASSOCIATION, AS A
	LENDER
		
	By:	 	 /s/ Eileen P.
Murphy                                        

	Name:	 	Eileen P. Murphy
	Title:	 	Vice President

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 
			
	SANTANDER BANK, N.A., AS A LENDER
		
	By:	 	 /s/ Carolina
Gutierrez                                

	Name:	 	Carolina Gutierrez
	Title:	 	Vice President
		
	By:	 	 /s/ Zara
Kamal                                    

	Name:	 	Zara Kamal
	Title:	 	Vice President

  
 [Signature Page to 2026
Revolving Credit Agreement] 

 SCHEDULE 2.01 

COMMITMENTS 
 AND
APPLICABLE PERCENTAGES 
  

									
	 Lender
	  	Commitment	 	  	Applicable Percentage	 
	 U.S. Bank National Association
	  	$	90,000,000.00	 	  	 	9.000000000	% 
	 HSBC Bank USA, National Association
	  	$	86,000,000.00	 	  	 	8.600000000	% 
	 Wells Fargo Bank, National Association
	  	$	86,000,000.00	 	  	 	8.600000000	% 
	 Bank of America, N.A.
	  	$	86,000,000.00	 	  	 	8.600000000	% 
	 Deutsche Bank AG New York Branch
	  	$	86,000,000.00	 	  	 	8.600000000	% 
	 JPMorgan Chase Bank, N.A.
	  	$	86,000,000.00	 	  	 	8.600000000	% 
	 The Bank of New York Mellon
	  	$	50,000,000.00	 	  	 	5.000000000	% 
	 The Bank of Nova Scotia
	  	$	50,000,000.00	 	  	 	5.000000000	% 
	 KeyBank National Association
	  	$	50,000,000.00	 	  	 	5.000000000	% 
	 National Westminster Bank Plc
	  	$	50,000,000.00	 	  	 	5.000000000	% 
	 Truist Bank
	  	$	50,000,000.00	 	  	 	5.000000000	% 
	 The Toronto-Dominion Bank, New York Branch
	  	$	50,000,000.00	 	  	 	5.000000000	% 
	 Barclays Bank PLC
	  	$	30,000,000.00	 	  	 	3.000000000	% 
	 Citizens Bank, N.A.
	  	$	30,000,000.00	 	  	 	3.000000000	% 
	 Commerzbank AG, New York Branch
	  	$	30,000,000.00	 	  	 	3.000000000	% 
	 Fifth Third Bank
	  	$	30,000,000.00	 	  	 	3.000000000	% 
	 PNC Bank, N.A.
	  	$	30,000,000.00	 	  	 	3.000000000	% 
	 Santander Bank, N.A.
	  	$	30,000,000.00	 	  	 	3.000000000	% 
		  	  
	  
	 	  	  
	  
	 
	 Total
	  	$	1,000,000,000.00	 	  	 	100.000000000	% 
		  	  
	  
	 	  	  
	  
	 

 SCHEDULE 5.08 

Subsidiaries 
  

			
	 Entity Name
	  	Jurisdiction of
Organization
	Arizona Merchants, LLC	  	Arizona
	H.G. AZ Merchants, LLC	  	Arizona
	NBC Manteca Merchants, Inc.	  	California
	H.G. Conn. Merchants, LLC	  	Connecticut
	HomeGoods Imports Corp.	  	Delaware
	HomeGoods Ohio Merchants LLC	  	Delaware
	HomeGoods, Inc.	  	Delaware
	NBC Apparel, Inc.	  	Delaware
	NBC Apparel, LLC	  	Delaware
	NBC GP, LLC	  	Delaware
	NBC Holding, Inc.	  	Delaware
	NBC Manager, LLC	  	Delaware
	NBC Operating, LP	  	Delaware
	NBC San Antonio Merchants, LLC	  	Delaware
	NBC Trading, Inc.	  	Delaware
	Newton Buying Corp.	  	Delaware
	Newton Buying Imports Inc.	  	Delaware
	OCP Investments, Inc.	  	Delaware
	Strathmex Corp.	  	Delaware
	TJX Digital Memphis Merchants, LLC	  	Delaware
	TJX Digital, Inc.	  	Delaware
	H.G. Georgia Merchants, LLC	  	Georgia
	Marshalls Atlanta Merchants, Inc.	  	Georgia
	AJW South Bend Realty, LLC	  	Indiana
	H.G. Indiana Distributors, LLC	  	Indiana
	NBC First Realty Corp.	  	Indiana
	NBC Merchants, LLC	  	Indiana
	Marshalls of Glen Burnie, MD., Inc.	  	Maryland
	Marshalls of MA, Inc.	  	Massachusetts
	Marshalls Woburn Merchants, Inc.	  	Massachusetts
	NBC Attire Inc.	  	Massachusetts
	NBC Distributors, LLC	  	Massachusetts
	NBC Second Realty Corp.	  	Massachusetts
	NBC Trust	  	Massachusetts
	Marshalls of Richfield, MN., Inc.	  	Minnesota
	Marshalls of Nevada, Inc.	  	Nevada
	NBC Fourth Realty Corp.	  	Nevada
	NBC Nevada Merchants, LLC	  	Nevada
	Concord Buying Group, LLC	  	New Hampshire

			
	Marshalls of Elizabeth, NJ, Inc.	  	New Jersey
	NBC Charlotte Merchants, LLC	  	North Carolina
	NBC Sixth Realty Corp.	  	North Carolina
	NBC Philadelphia Merchants, Inc.	  	Pennsylvania
	NBC Pittston Merchants, LLC	  	Pennsylvania
	NBC Seventh Realty Corp.	  	Pennsylvania
	New York Department Stores de Puerto Rico, Inc.	  	Puerto Rico
	Marmaxx Operating Corp.	  	Virginia
	Marshalls Bridgewater Merchants, Inc.	  	Virginia
	Marshalls of Beacon, VA., Inc.	  	Virginia
	Marshalls of CA, LLC	  	Virginia
	Marshalls of IL, LLC	  	Virginia
	Newton Buying Company of CA, Inc.	  	Virginia
	T.J. Maxx of CA, LLC	  	Virginia
	T.J. Maxx of IL, LLC	  	Virginia
	TJX Incentive Sales, Inc.	  	Virginia
	Sierra Trading Post, Inc.	  	Wyoming
	STP Retail, LLC	  	Wyoming
	TJX Australia Holding Company Pty Limited	  	Australia
	TJX Australia Merchants Pty Limited	  	Australia
	TJX Australia Pty Limited	  	Australia
	TJX Austria Holding GmbH	  	Austria
	TJX Oesterreich Ltd. & Co. KG	  	Austria
	NBC Atlantic Holding Ltd	  	Bermuda
	NBC Atlantic Ltd	  	Bermuda
	WMI-1 Holding Company	  	Nova Scotia, Canada
	WMI-99 Holding Company	  	Nova Scotia, Canada
	Winners Merchants International L.P.	  	Ontario, Canada
	T.K. Maxx Holding GmbH	  	Germany
	T.K. Maxx Management GmbH	  	Germany
	TJX Deutschland Ltd & Co. KG	  	Germany
	TJX Distribution Ltd. & Co. KG	  	Germany
	NBC Hong Kong Merchants Limited	  	Hong Kong
	NBC Fashion India Private Limited	  	India
	TJX Ireland Unlimited Company	  	Ireland    
	Jusy Meazza Buying Company S.r.L.	  	Italy
	TJX Nederland B.V.	  	Netherlands
	NBC Apparel Nederland Holding B.V.	  	Netherlands
	TJX European Distribution Sp. Z o.o	  	Poland
	TJX Poland Sp. Z o.o	  	Poland
	NBC Europe Ltd.	  	United Kingdom
	TJX Europe Buying Limited	  	United Kingdom

			
	TJX Europe Buying Group Limited	  	United Kingdom
	TJX Europe Buying (Deutschland) Limited	  	United Kingdom
	TJX Europe Buying (Polska) Limited	  	United Kingdom
	TJX Europe Limited	  	United Kingdom
	TJX Germany Ltd.	  	United Kingdom
	TJX UK	  	United Kingdom
	TJX UK Property Limited	  	United Kingdom
	TK Maxx	  	United Kingdom
	TJX Vietnam Company Limited	  	Vietnam

 SCHEDULE 10.02 

ADMINISTRATIVE AGENT’S OFFICE; 

CERTAIN ADDRESSES FOR NOTICES 

BORROWER: 
 The TJX Companies, Inc. 

770 Cochituate Road 
 Framingham, Massachusetts 01701 

Attention: Erica Farrell, Senior Vice President, Finance; Treasurer 

Telephone: (508) 390-5463 

Telecopier: (508) 390-2540 

Electronic Mail: erica_farrell@tjx.com 
 Website Address:
www.tjx.com 
 with a copy to: 
 Ropes & Gray LLP

 Prudential Tower 
 800 Boylston Street 

Boston, Massachusetts 02199-3600 
 Attention: Byung W. Choi, Esq.

 Telephone: (617) 951-7277 

Telecopier: (617) 235-0452 

Electronic Mail: byung.choi@ropesgray.com 
 ADMINISTRATIVE
AGENT: 
 U.S. Bank N.A. 
 800 Nicollet Mall, 3rd Floor 
 Minneapolis, MN 55402 

Attention: Daniel J Marker, Agent Closer 
 Telephone: 503-464-4745 
 Fax: 612-303-3851 
 Email: agencyserviceslcmshared@usbank.com 

 L/C ISSUER(S): 

U.S Bank N.A. 
 International Banking 

721 Locust Street 
 Saint Louis, MO 63101 

Attention: Arlin Luttrell International Banking 
 Telephone: 314-418-2877 
 Email: arlin.luttrell@usbank.com 

HSBC 
 452
5th Avenue 
 New York, NY 10018 

Attention: CTLA Loan Admin 
 Telephone: 212-525-1529 
 Fax: 847-793-3415 
 Email: CTLANY.LoanAdmin@us.hsbc.com 

Wells Fargo Bank, National Association 
 7711 Plantation Rd.,

 Roanoke, VA 24019 
 Attn: Preston Trail 

Telephone: 540-759-3123 

Fax: 866-270-7214 

Email: rkelclnsvmembersyndication@wellsfargo.com 
 Bank of
America, N.A. 
 401 N. Tryon Street 
 Charlotte, NC 28255 

Attn: POD 3 
 Fax: 312-453-6948 
 Email: bank_of_america_as_lender_3@bofa.com 

Deutsche Bank AG New York Branch 
 5022 Gate Parkway Suite 100

 Jacksonville, FL 32256 
 Attn: Srinaga Sundereswaran 

Email: NY-SBLC.LOANSPROCESSING@db.com 

JPMorgan Chase Bank N.A. 
 10 S Dearborn 

Chicago, IL 60603 
 Attn: Letter of Credit Team 

Telephone: 855-609-9959 

Fax: 214-307-6874 

Email: chicago.lc.agency.activity.team@jpmchase.com 

 SWING LINE LENDER: 

U.S. Bank N.A. 
 See above for contact information. 

 EXHIBIT A 

FORM OF REVOLVING LOAN NOTICE 

Date:             ,          

 

	To:	 U.S. Bank National Association, as Administrative Agent 

Ladies and Gentlemen: 
 Reference is made to
that certain 2026 Revolving Credit Agreement, dated as of June 25, 2021 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used
herein as therein defined), among The TJX Companies, Inc., a Delaware corporation (the “Borrower”), the Lenders from time to time party thereto, U.S. Bank National Association as Administrative Agent, Swing Line Lender and an L/C
Issuer, HSBC Bank USA, National Association and Wells Fargo Bank, National Association as Co-Syndication Agents and L/C Issuers, Bank of America, N.A., and JPMorgan Chase Bank, N.A., as Co-Documentation Agents and L/C Issuers and Deutsche Bank Securities Inc., as a Co-Documentation Agent and Deutsche Bank AG New York Branch, as an L/C Issuer. 

The undersigned hereby requests (select one): 

A Borrowing of Revolving Loans ☐ A conversion or continuation of Loans ☐ 

1.    On
                    (a Business Day). 

2.    In the amount of $        . 

3.    Comprised of
                    . 
 [Type of
Revolving Loan requested] 
 4.    For Eurodollar Rate Loans: with an Interest Period
of            months. 
 The Borrowing, if any, requested herein complies with
the proviso to the first sentence of Section 2.01 of the Agreement. 
  

			
	THE TJX COMPANIES, INC.
		
	By:	 	
                     
                    

	Name:	 	  

	Title:	 	  

 EXHIBIT B 

FORM OF SWING LINE LOAN NOTICE 

Date:             ,         

 

	To:	 U.S. Bank National Association, as Swing Line Lender 

U.S. Bank National Association, as Administrative Agent 
 Ladies
and Gentlemen: 
 Reference is made to that certain 2026 Revolving Credit Agreement, dated as of June 25, 2021 (as amended, restated,
extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among The TJX Companies, Inc., a Delaware corporation (the
“Borrower”), the Lenders from time to time party thereto, U.S. Bank National Association as Administrative Agent, Swing Line Lender and an L/C Issuer, HSBC Bank USA, National Association and Wells Fargo Bank, National Association as
Co-Syndication Agents and L/C Issuers, Bank of America, N.A., and JPMorgan Chase Bank, N.A., as Co-Documentation Agents and L/C Issuers and Deutsche Bank Securities
Inc., as a Co-Documentation Agent and Deutsche Bank AG New York Branch, as an L/C Issuer. 
 The
undersigned hereby requests a Swing Line Loan: 

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

The Swing Line Borrowing requested herein complies with the requirements of the provisos to the first sentence of
Section 2.05(a) of the Agreement. 
  

			
	THE TJX COMPANIES, INC.
		
	By:	 	
                     
                    

	Name:	 	  

	Title:	 	  

 EXHIBIT C 

FORM OF NOTE 
 FOR VALUE
RECEIVED, the undersigned (the “Borrower”), hereby promises to pay to                    or registered assigns (the
“Lender”), in accordance with the provisions of the Agreement (as hereinafter defined), the principal amount of each Loan from time to time made by the Lender to the Borrower under that certain 2026 Revolving Credit Agreement, dated
as of June 25, 2021 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used herein as therein defined), among the Borrower, the
Lenders from time to time party thereto, U.S. Bank National Association as Administrative Agent, Swing Line Lender and an L/C Issuer, HSBC Bank USA, National Association and Wells Fargo Bank, National Association as
Co-Syndication Agents and L/C Issuers, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as Co-Documentation Agents and L/C Issuers, and Deutsche Bank Securities
Inc., as a Co-Documentation Agent and Deutsche Bank AG New York Branch, as an L/C Issuer. 
 The Borrower promises
to pay interest on the unpaid principal amount of each Loan from the date of such Loan until such principal amount is paid in full, at such interest rates and at such times as provided in the Agreement. All payments of principal and interest shall
be made to the Administrative Agent for the account of the Lender in Dollars in immediately available funds at the Administrative Agent’s Office. If any amount is not paid in full when due hereunder, such unpaid amount shall bear interest, to
be paid upon demand, from the due date thereof until the date of actual payment (and before as well as after judgment) computed at the per annum rate set forth in the Agreement. 

This Note is one of the Notes referred to in the Agreement, is entitled to the benefits thereof and may be prepaid in whole or in part subject to the terms
and conditions provided therein. Upon the occurrence and continuation of one or more of the Events of Default specified in the Agreement, all amounts then remaining unpaid on this Note shall become, or may be declared to be, immediately due and
payable all as provided in the Agreement. Loans made by the Lender shall be evidenced by one or more loan accounts or records maintained by the Lender in the ordinary course of business. The Lender may also attach schedules to this Note and endorse
thereon the date, amount and maturity of its Loans and payments with respect thereto. 
 The Borrower, for itself, its successors and assigns, hereby waives
diligence, presentment, protest and demand and notice of protest, demand, dishonor and non-payment of this Note. 

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

[Remainder of page intentionally left blank] 

 
			
	THE TJX COMPANIES, INC.
		
	By:	 	
                     
                                         
                   

	Name:	 	  

	Title:	 	  

 LOANS AND PAYMENTS WITH RESPECT THERETO 

 

																									
	 Date
	  	Type of
Loan Made	 	  	Amount of
Loan Made	 	  	End of
Interest
Period	 	  	Amount of
Principal or
Interest
Paid This
Date	 	  	Outstanding
Principal
Balance
This Date	 	  	Notation
Made By	 
		  				  				  				  				  				  			
		  				  				  				  				  				  			
		  				  				  				  				  				  			
		  				  				  				  				  				  			
		  				  				  				  				  				  			

 EXHIBIT D 

FORM OF COMPLIANCE CERTIFICATE 

Financial Statement Date:            , 

 

	To:	 U.S. Bank National Association, as Administrative Agent 

Ladies and Gentlemen: 
 Reference is made to
that certain 2026 Revolving Credit Agreement, dated as of June 25, 2021 (as amended, restated, extended, supplemented or otherwise modified in writing from time to time, the “Agreement;” the terms defined therein being used
herein as therein defined), among The TJX Companies, Inc., a Delaware corporation (the “Borrower”), the Lenders from time to time party thereto, U.S. Bank National Association as Administrative Agent, Swing Line Lender and an L/C
Issuer, HSBC Bank USA, National Association and Wells Fargo Bank, National Association as Co-Syndication Agents and L/C Issuers, Bank of America, N.A., and JPMorgan Chase Bank, N.A., as Co-Documentation Agents and L/C Issuers and Deutsche Bank Securities Inc., as a Co-Documentation Agent and Deutsche Bank AG New York Branch, as an L/C Issuer. 

The undersigned hereby certifies as of the date hereof that he/she is a Responsible Officer of the Borrower and that, as such, he/she is authorized to execute
and deliver this Certificate to the Administrative Agent on the behalf of the Borrower, and that: 
 [Use following paragraph 1 for fiscal year-end financial statements] 
 1.    The Borrower has delivered the year-end audited financial statements required by Section 6.01(a) of the Agreement for the fiscal year of the Borrower ended as of the above date, together with the report of an independent
registered public accounting firm required by such section. 
 [Use following paragraph 1 for fiscal
quarter-end financial statements] 
 1.    The Borrower
has delivered the unaudited financial statements required by Section 6.01(b) of the Agreement for the fiscal quarter of the Borrower ended as of the above date. Such financial statements fairly present in all material
respects the financial condition of the Borrower and its Subsidiaries in accordance with GAAP as at such date and the results of operations and cash flows of the Borrower and its Subsidiaries in accordance with GAAP for such period, subject only to
normal year-end adjustments and absence of footnotes. 
 2.    As of the last
day of such fiscal period, no Default or Event of Default exists. 
 [or] 

2.    The following is a list of each Default or Event of Default existing as of the last day of such fiscal period, its
nature and status, and the Borrower’s plans with respect thereto. 
 3.    Attached as Schedule 1 attached
hereto are detailed calculations demonstrating compliance by the Borrower with the financial covenant contained in Section 7.04 of the Agreement as of the end of the fiscal period referred to above. The financial covenant
analyses and information set forth on Schedule 1 are true and accurate, to the best of the Responsible Officer’s knowledge, after diligent inquiry, on and as of the date of this Certificate. 

 [Remainder of page intentionally left blank] 

 IN WITNESS WHEREOF, the undersigned has executed this Certificate as of
            ,        .
  

			
	THE TJX COMPANIES, INC.
		
	By:	 	
                     
                    

	Name:	 	  

	Title:	 	  

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

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

Section 7.04 – Maximum Leverage Ratio. 
  

					
	A.	  	The Ratio of:	  	
			
		  	 1.  Funded Debt at Statement Date
	  	$            
			
	B.	  	To:	  	
			
		  	 1.  EBITDAR for Test Period1
	  	$            
			
	C.	  	Leverage Ratio (Line A.1 ( Line B.1):	  	        : 1.00
			
		  	Maximum Leverage Ratio for such Test Period:	  	        : 1.00

  
  

	1	 Solely for the Test Period ending on July 31, 2021, EBITDAR of the Borrower and its Subsidiaries on a
consolidated basis for such Test Period shall be multiplied by 4/3. 

 EXHIBIT E-1 

ASSIGNMENT AND ASSUMPTION 
 This
Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [the][each]2 Assignor
identified in item 1 below ([the][each, an] “Assignor”) and [the][each]3 Assignee identified in item 2 below ([the][each, an] “Assignee”). [It is
understood and agreed that the rights and obligations of [the Assignors][the Assignees]4 hereunder are several and not joint.]5 Capitalized terms used but not defined herein shall have the meanings given to them in the Credit
Agreement identified below (the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated
herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 
 For an agreed consideration, [the][each]
Assignor hereby irrevocably sells and assigns to [the Assignee][the respective Assignees], and [the][each] Assignee hereby irrevocably purchases and assumes from [the Assignor][the respective Assignors], subject to and in accordance with the
Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent as contemplated below (i) all of [the Assignor’s][the respective Assignors’] rights and obligations in [its capacity
as a Lender][their respective capacities as Lenders] under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding
rights and obligations of [the Assignor][the respective Assignors] under the respective facilities identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of
[the Assignor (in its capacity as a Lender)][the respective Assignors (in their respective capacities as Lenders)] against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or
instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to, contract claims, tort claims, malpractice claims, statutory claims and all
other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned by [the][any] Assignor to [the][any] Assignee pursuant to clauses (i) and
(ii) above being referred to herein collectively as [the][an] “Assigned Interest”). Each such sale and assignment is without recourse to [the][any] Assignor and, except as expressly provided in this Assignment and Assumption,
without representation or warranty by [the][any] Assignor. 
  

					
	1.	  	Assignor[s]:	  	                                      
              
		  		  	                                      
              
			
	2.	  	Assignee[s]:	  	                                      
              
		  		  	                                      
              
		  		  	[for each Assignee, indicate [Affiliate] of [identify Lender]]

  
  

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

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

	4	 Select as appropriate. 

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

	3.	 Borrower: The TJX Companies, Inc. 

 

	4.	 Administrative Agent: U.S. Bank National Association, as the administrative agent under the Credit
Agreement 

  

	5.	 Credit Agreement: 2026 Revolving Credit Agreement, dated as of June 25, 2021 (as amended, restated,
extended, supplemented or otherwise modified in writing from time to time), among the Borrower, the Lenders from time to time party thereto, U.S. Bank National Association as Administrative Agent, Swing Line Lender and an L/C Issuer, HSBC Bank USA,
National Association and Wells Fargo Bank, National Association as Co-Syndication Agents and L/C Issuers, Bank of America, N.A. and JPMorgan Chase Bank, N.A., as
Co-Documentation Agents and L/C Issuers, and Deutsche Bank Securities Inc., as a Co-Documentation Agent and Deutsche Bank AG New York Branch, as an L/C Issuer.

  

	6.	 Assigned Interest[s]: 

 

																									
	
Assignor[s]6
	  	Assignee[s]7	 	  	Facility
Assigned8	 	  	Aggregate
Amount of
Commitment/Loans
for all Lenders9	 	  	Amount of
Commitment
/Loans
Assigned	 	  	Percentage
Assigned of
Commitment/
Loans10	 	 	CUSIP
Number	 
		  				  	 	        	 	  	$	         	 	  	        $	 	 	  	 	        	% 	 	 	        	 
		  				  				  	$	         	 	  	        $	 	 	  	 	        	% 	 			
		  				  				  	$	         	 	  	        $	 	 	  	 	        	% 	 			

  

	[7.	 Trade Date:
                    ]11 

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

 

	6	 List each Assignor, as appropriate. 

	7	 List each Assignee, as appropriate. 

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

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

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

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

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

 

			
	ASSIGNOR
	[NAME OF ASSIGNOR]
	By:	 	              

		 	Title:
	
	ASSIGNEE
	[NAME OF ASSIGNEE]
	By:	 	          

		 	Title:

  

			
	[Consented to and]12 Accepted:
	U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent
	By:	 	
                     
            

	Title:	 	
	
	[Consented to:]13
	THE TJX COMPANIES, INC., as Borrower
	By:	 	              

	Title:	 	
	
	[Consented to:]14
	[                    ], as L/C Issuer
	By:	 	  

	Title:	 	

  

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

	13	 To be added only if the consent of the Borrower is required by the terms of the Credit Agreement.

	14	 To be added only if the consent of the L/C Issuers is required by the terms of the Credit Agreement.

 ANNEX 1 TO ASSIGNMENT AND ASSUMPTION 

STANDARD TERMS AND CONDITIONS FOR 

ASSIGNMENT AND ASSUMPTION 

1.    Representations and Warranties. 

1.1.    Assignor. [The][Each] Assignor (a) represents and warrants that (i) it is the legal and beneficial
owner of [the][the relevant] Assigned Interest, (ii) [the][such] Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and
deliver this Assignment and Assumption and to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit
Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its
Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations
under any Loan Document. 
 1.2.    Assignee. [The][Each] Assignee (a) represents and warrants that
(i) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement,
(ii) it meets all the requirements to be an assignee under Section 10.06(b)(v) of the Credit Agreement (subject to such consents, if any, as may be required under Section 10.06(b)(iii) of the
Credit Agreement), (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to the extent of [the][the relevant] Assigned Interest, shall have the obligations of a Lender
thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of the type represented by [the][such] Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire [the][such] Assigned
Interest, is experienced in acquiring assets of such type, (v) it has received a copy of the Credit Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to
Section 6.01 thereof, as applicable, and such other documents and information as it deems appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase [the][such]
Assigned Interest, (vi) it has, independently and without reliance upon the Administrative Agent or any other Lender and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter
into this Assignment and Assumption and to purchase [the][such] Assigned Interest, and (vii) if it is a Foreign Lender, attached hereto is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly
completed and executed by [the][such] Assignee; and (b) agrees that (i) it will, independently and without reliance upon the Administrative Agent, [the][any] Assignor or any other Lender, and based on such documents and information as it
shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their terms all of the obligations which by the terms of the Loan
Documents are required to be performed by it as a Lender. 

 2.    Payments. From and after the Effective Date, the
Administrative Agent shall make all payments in respect of [the][each] Assigned Interest (including payments of principal, interest, fees and other amounts) to [the][the relevant] Assignor for amounts which have accrued to but excluding the
Effective Date and to [the][the relevant] Assignee for amounts which have accrued from and after the Effective Date. 

3.    General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the
parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this
Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the law of the State of
New York. 

 EXHIBIT E-2 

FORM OF ADMINISTRATIVE QUESTIONNAIRE 

[See attached].

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