Document:

EX-4.2

 Exhibit 4.2 

CBIZ, Inc. 
 2019 Omnibus
Incentive Plan 
 Effective May 9, 2019 

 Contents 
  

			
	 Article 1. Establishment, Purpose
	  	A-1
	 Article 2. Definitions
	  	A-1
	 Article 3. Administration
	  	A-6
	 Article 4. Shares Subject to The Plan, Maximum Awards and Minimum Vesting Standards
	  	A-8
	 Article 5. Eligibility and Participation
	  	A-10
	 Article 6. Stock Options
	  	A-10
	 Article 7. Stock Appreciation Rights
	  	A-12
	 Article 8. Restricted Stock
	  	A-13
	 Article 9. Restricted Stock Units
	  	A-14
	 Article 10. Performance Share Units
	  	A-14
	 Article 11. Performance Units
	  	A-15
	 Article 12. Other Stock-Based Awards and Cash-Based Awards
	  	A-15
	 Article 13. Forfeiture and Recoupment of Awards
	  	A-16
	 Article 14. Transferability of Awards and Shares
	  	A-18
	 Article 15. Nonemployee Director Awards
	  	A-19
	 Article 16. Effect of a Change in Control
	  	A-19
	 Article 17. Dividends and Dividend Equivalents
	  	A-21
	 Article 18. Beneficiary Designation
	  	A-22
	 Article 19. Rights of Participants
	  	A-22
	 Article 20. Amendment and Termination
	  	A-22
	 Article 21. General Provisions
	  	A-24

 CBIZ, Inc. 

2019 Omnibus Incentive Plan 

Article 1. Establishment, Purpose and Duration 

1.1 Establishment. CBIZ, Inc., a Delaware corporation, establishes an incentive compensation plan to be known as CBIZ, Inc. 2019
Omnibus Incentive Plan, as set forth in this document. The Plan permits the grant of various forms of equity- and cash-based awards. The Plan shall become effective upon shareholder approval (the “Effective Date”) and shall remain
in effect as provided in Section 1.3. The Plan and each Award granted hereunder are conditioned on and shall be of no force or effect until the Plan is approved by the shareholders of the Company. 

1.2 Purpose of the Plan. The purpose of the Plan is to foster and promote the long-term financial success of the Company by
(a) motivating superior performance by means of performance-related incentives, (b) encouraging and providing for the acquisition of an ownership interest in the Company by Participants, and (c) enabling the Company to attract and
retain qualified and competent persons as employees of the Company and to serve as members of the Board whose judgment, interest and performance are required for the successful operations of the Company. 

1.3 Duration of the Plan. Unless sooner terminated as provided herein, the Plan shall terminate ten (10) years from the
Effective Date. After the Plan is terminated, no Awards may be granted but Awards previously granted shall remain outstanding in accordance with their applicable terms and conditions and the Plan’s terms and conditions. 

Article 2. Definitions 

Whenever used in the Plan, the following terms shall have the meanings set forth below, and when the meaning is intended, the initial letter of
the word shall be capitalized. 
 2.1 “Affiliate” means any entity that, directly or indirectly, controls, is
controlled by, or is under common control with, the Company. 
 2.2 “Award” means a grant under the Plan of Nonqualified
Stock Options, Incentive Stock Options, Stock Appreciation Rights, Restricted Stock, Restricted Stock Units, Performance Share Units, Performance Units, Cash-Based Awards or Other Stock-Based Awards, in each case subject to the terms of the Plan.

 2.3 “Award Agreement” means a written or electronic agreement entered into by the Company and a Participant, or a
written or electronic statement issued by the Company to a Participant, which in either case contains (either expressly or by reference to this Plan or any subplan created hereunder) the terms and provisions applicable to an Award granted under the
Plan, including any amendment or modification thereof. The Committee may provide for the use of electronic, Internet or other non-paper Award Agreements, and the use of electronic, Internet or other non-paper means for the acceptance thereof and actions thereunder by a Participant. 
 2.4
“Beneficial Owner” shall have the meaning ascribed to such term in Rule 13d-3 of the General Rules and Regulations under the Exchange Act and the terms “Beneficial
Ownership” and “Beneficially Own” shall have the corresponding meanings. 
 2.5 “Board” means the
Board of Directors of the Company. 

  
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 2.6 “Cash-Based Award” means an Award, denominated in cash, granted to a
Participant as described in Article 12. 
 2.7 “Cause” means, except as may otherwise be provided in a then-effective
written agreement (including an Award Agreement) between a Participant and the Company, any Subsidiary or any Affiliate or in any Company severance policy to which a Participant is subject, in the sole judgment of the Committee: 

(a) Material misconduct of the Participant, 

(b) Continued failure of the Participant to perform essential job functions, 

(c) Continued failure of the Participant to achieve significant goals and objectives clearly communicated by the Participant’s supervisor
and reasonably expected of a person in the Participant’s position, 
 (d) The conviction of the Participant by a court of competent
jurisdiction of a felony or entering the plea of nolo contendere to a felony by the Participant, or 
 (e) The commission by the
Participant of an act of theft, fraud or dishonesty against the Company, any Affiliate or any Subsidiary. 
 2.8 “Change in
Control” means, except as may otherwise be provided in an Award Agreement, the occurrence of any one of the following events: 

(a) An acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Exchange Act) (a
“Person”) of beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange Act) of 40% or more of either (1) the then outstanding shares of common stock of the Company
(the “Outstanding Company Common Stock”) or (2) the combined voting power of the then outstanding voting securities of the Company entitled to vote generally in the election of directors (the “Outstanding Company Voting
Securities”); excluding, however, the following: (1) any acquisition directly from the Company, other than an acquisition by virtue of the exercise of a conversion privilege unless the security being so converted was itself acquired
directly from the Company, (2) any acquisition by the Company, (3) any acquisition by any employee benefit plan (or related trust) sponsored or maintained by the Company or any entity controlled by the Company, or (4) any acquisition
pursuant to a transaction which complies with clauses (1), (2) and (3) of subsection (c) of this Section 2.8; or 
 (b) A
change in the composition of the Board such that the individuals who, as of the Effective Date, constitute the Board (such Board being hereinafter referred to as the “Incumbent Board”) cease for any reason to constitute at least a majority
of the Board; provided, however, for purposes of this Section 9(a), that any individual who becomes a member of the Board subsequent to the Effective Date, whose election, or nomination for election by the Company’s stockholders, was
approved by a vote of at least a majority of those individuals who are members of the Board and who were also members of the Incumbent Board (or deemed to be such pursuant to this provision) shall be considered as though such individual were a
member of the Incumbent Board; but, provided further, that any such individual whose initial assumption of office occurs as a result of either an actual or threatened election contest (as such terms are used in Rule
14a-11 of Regulation 14A promulgated under the Exchange Act) or other actual or threatened solicitation of proxies or consents by or on behalf of a Person other than the Board shall not be so considered as a
member of the Incumbent Board; or 

  
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 (c) Consummation of a reorganization, merger or consolidation or sale or other disposition
of all or substantially all of the assets of the Company (“Corporate Transaction”); excluding, however, such a Corporate Transaction pursuant to which (1) all or substantially all of the individuals and entities who are the beneficial
owners, respectively, of the Outstanding Company Common Stock and Outstanding Company Voting Securities immediately prior to such Corporate Transaction will beneficially own, directly or indirectly, more than 50% of, respectively, the outstanding
shares of common stock, and the combined voting power of the then outstanding voting securities entitled to vote generally in the election of directors, as the case may be, of the corporation resulting from such Corporate Transaction (including,
without limitation, a corporation which as a result of such transaction owns the Company or all or substantially all of the Company’s assets either directly or through one or more subsidiaries) in substantially the same proportions as their
ownership, immediately prior to such Corporate Transaction, of the Outstanding Company Common Stock and Outstanding Company Voting Securities, as the case may be, (2) no Person (other than the Company, any employee benefit plan (or related
trust) of the Company or such corporation resulting from such Corporate Transaction) will beneficially own, directly or indirectly, 40% or more of, respectively, the outstanding shares of common stock of the corporation resulting from such Corporate
Transaction or the combined voting power of the outstanding voting securities of such corporation entitled to vote generally in the election of directors except to the extent that such ownership existed prior to the Corporate Transaction, and
(3) individuals who were members of the Incumbent Board will constitute at least a majority of the members of the board of directors of the corporation resulting from such Corporate Transaction; or (d) A complete liquidation or dissolution
of the Company. 
 Notwithstanding any of the foregoing, however, in any circumstance or transaction in which compensation resulting from or in respect of
an Award would result in the imposition of an additional tax under Code Section 409A if the foregoing definition of “Change in Control” were to apply, but would not result in the imposition of any additional tax if the term
“Change in Control” were defined herein to mean a “change in control event” within the meaning of Treasury Regulation Section 1.409A-3(i)(5), then “Change in Control” shall
mean a “change in control event” within the meaning of Treasury Regulation Section 1.409A-3(i)(5), but only to the extent necessary to prevent such compensation from becoming subject to an
additional tax under Code Section 409A. 
 2.9 “Code” means the U.S. Internal Revenue Code of 1986, as amended from
time to time. For purposes of the Plan, references to sections of the Code shall be deemed to include references to any applicable regulations thereunder and any successor or similar provision. 

2.10 “Commission” means the Securities and Exchange Commission. 

2.11 “Committee” means the Compensation and Human Capital Committee of the Board or a subcommittee thereof or any
other committee designated by the Board to administer the Plan. The members of the Committee shall be appointed from time to time by and shall serve at the discretion of the Board. If the Committee does not exist or cannot function for any reason,
the Board may take any action under the Plan that would otherwise be the responsibility of the Committee. Each member of the Committee shall be (i) an independent director within the meaning of the rules and regulations of the NYSE (or such
other national securities exchange which is the principal market on which the Shares are then traded) and (ii) a non-employee director within the meaning of Exchange Act Rule 16b-3. 
 2.12 “Company” means CBIZ, Inc. and any successor thereto as provided in
Section 21.20. 
 2.13 “Director” means any individual who is a member of the Board. 

  
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 2.14 “Disability” means, unless otherwise provided in an Award Agreement,
“permanent and total disability” within the meaning of Code Section 22(e)(3). 
 2.15 “Dividend
Equivalent” has the meaning set forth in Section 17.2. 
 2.16 “Effective Date” has the meaning set forth in
Section 1.1. 
 2.17 “Employee” means any individual performing services for the Company, an Affiliate or a Subsidiary
and designated as an employee of the Company, an Affiliate or the Subsidiary on its payroll records. An individual shall not cease to be an Employee in the case of (i) any leave of absence approved by the Company or (ii) transfers between
locations of the Company or among the Company, or any Affiliate or any Subsidiary. For purposes of Incentive Stock Options, no such leave may exceed 90 days, unless reemployment upon expiration of such leave is guaranteed by statute or contract. If
reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then three months following the 91st day of such leave, any Incentive Stock Option held by a Participant shall cease to be treated as an Incentive Stock
Option and shall be treated for tax purposes as a Nonqualified Stock Option. Neither service as a Director nor payment of a director’s fee by the Company shall be sufficient to constitute “employment” by the Company. Notwithstanding
the foregoing, if a Director who is an Employee experiences a Termination of Service in his or her capacity as an Employee, the Committee, in its sole discretion, may continue to treat such Director as an Employee hereunder for a period of three
years following his Termination of Service as an Employee for the purpose of continuing the vesting schedule pursuant to an Award Agreement entered into between the Company and the Director Employee prior to his Termination of Service as an
Employee, provided that he remains a Director for that three year period. 
 2.18 “Exchange Act” means the
Securities Exchange Act of 1934. 
 2.19 “Exercise Price” means the price at which a Share may be purchased by a
Participant pursuant to an Option. 
 2.20 “Fair Market Value” means, as applied to a specific date and unless otherwise
specified in an Award Agreement, the price of a Share that is equal to the closing price of a Share on the New York Stock Exchange (or, on such other national securities exchange that is the primary trading market for the Shares, if Shares are not
then listed on the NYSE) on the day preceding the date of determination, or if no sales of Shares shall have occurred on such exchange on the day preceding the applicable date of determination, the closing price of the Shares on such exchange on the
next preceding date on which there were such sales. Notwithstanding the foregoing, if Shares are not traded on any established stock securities exchange or under such other circumstances as determined reasonable by the Committee at the time of Award
for the purpose of calculating the number of Award(s) to a Participant, the Fair Market Value means the price of a Share as established by the Committee acting in good faith based on a reasonable valuation method that is consistent with the
requirements of Code Section 409A and the regulations thereunder. 
 2.21 “Grant Date” means the date an Award to a
Participant pursuant to the Plan is approved by the Committee (or such later date as specified in such approval by the Committee). 

2.22 “Grant Price” means the per Share price established at the time of grant of a SAR pursuant to Article 7. 

  
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 2.23 “Incentive Stock Option” or “ISO” means an Award
granted pursuant to Article 6 that is designated as an Incentive Stock Option and that is intended to meet the requirements of Code Section 422 or any successor provision. 

2.24 “Nonemployee Director” means a Director who is not an Employee. 

2.25 “Nonqualified Stock Option” means an Award that is not intended to meet the requirements of Code Section 422, or
that otherwise does not meet such requirements. 
 2.26 “Option” means an Award granted pursuant to Article 6, which
Award may be an Incentive Stock Option or a Nonqualified Stock Option. 
 2.27 “Other Stock-Based Award” means an
equity-based or equity-related Award not otherwise described by the terms of the Plan that is granted pursuant to Article 12. 
 2.28
“Normal Retirement” means, except as may otherwise be provided in a then-effective written agreement (including an Award Agreement) between a Participant and the Company, a Participant’s voluntary Termination of Service on or
after the date the Participant has (i) attained at least age sixty (60) and (ii) completed at least five (5) years of continuous service as an Employee; provided however, the Participant provides to the Company at least six
(6) months advance written notice of the date on which the Participant intends to terminate his or her employment and the Participant agrees to maintain compliance with the terms of the restrictive covenants contained in the Participant’s
Award Agreements. 
 2.29 “Participant” means any eligible individual as set forth in Article 5 to whom an Award is
granted. 
 2.30 “Performance Period” means the period of time during which
pre-established performance goals must be met in order to determine the degree of payout and/or vesting with respect to an Award. 

2.31 “Performance Share Unit” means an Award granted pursuant to Article 10. 

2.32 “Performance Unit” means an Award granted pursuant to Article 11. 

2.33 “Period of Restriction” means the period when Restricted Stock or Restricted Stock Units are subject to a vesting
requirement (based on the continued service, the achievement of performance goals or upon the occurrence of other events as determined by the Committee, in its discretion) as provided in Articles 8 and 9. 

2.34 “Plan” means the CBIZ, Inc. 2019 Omnibus Incentive Plan, as the same may be amended from time to time. 

2.35 “Prior Plan” means the CBIZ, Inc. 2014 Stock Incentive Plan. Upon shareholder approval of this Plan, no further grants
of awards shall be made under the Prior Plan. 
 2.36 “Restricted Stock” means an Award granted pursuant to Article 8. 

2.37 “Restricted Stock Unit” means an award granted under Article 9. 

2.38 “Share” means a share of common stock, par value $0.01 per share, of the Company. 

  
 A-5 

 2.39 “Stock Appreciation Right” or “SAR” means an Award
granted under Article 7. 
 2.40 “Subsidiary” means any corporation or other entity, whether domestic or foreign, in
which the Company has or obtains, directly or indirectly, ownership of more than 50% of the total combined voting power of all classes of stock. 

2.41 “Substitute Award” means an Award granted upon the assumption of, or in substitution or exchange for, outstanding awards
granted by a company or other entity acquired by the Company, Subsidiary or any Affiliate or with which the Company, Subsidiary or any Affiliate combines. 

2.42 “Termination of Service” means the following: 

(a) for an Employee, the date on which the Employee is no longer an Employee; 

(b) for a Non-Employee Director, the date on which the
Non-Employee Director is no longer a member of the Board; and 
 (c) for a Third-Party Service
Provider, the date on which such individual no longer provides substantial services on a regular basis to the Company. 
 With respect to any payment of an
Award subject to Code Section 409A, a Termination of Service shall mean a “separation from service” within the meaning of Code Section 409A. 

2.43 “Third-Party Service Provider” means any consultant, agent, advisor or independent contractor who renders bona fide
services to the Company or Subsidiary or any Affiliate that (a) are not in connection with the offer and sale of the Company’s securities in a capital raising transaction, (b) do not directly or indirectly promote or maintain a market
for the Company’s securities, and (c) are provided by a natural person who has contracted directly with the Company, its Affiliates or its Subsidiaries to render such services 

Article 3. Administration 

3.1 General. The Committee shall be responsible for administering the Plan, subject to this Article 3 and the other provisions of
the Plan. The Committee may employ attorneys, consultants, accountants, agents and other individuals, any of whom may be an Employee, and the Committee, the Company, and its officers and Directors shall be entitled to rely upon the advice, opinions
or valuations of any such individuals. All actions taken and all interpretations and determinations made by the Committee shall be final and binding upon the Participants, the Company, Subsidiaries, Affiliates, and all other parties. Any action of
the Committee shall be valid and effective even if the members of the Committee at the time of such action are later determined not to have satisfied all of the criteria for membership in clauses (i) and (ii) of Section 2.11. 

3.2 Authority of the Committee. Subject to any express limitations set forth in the Plan, the Committee shall have full and
exclusive discretionary power and authority to take such actions as it deems necessary and advisable with respect to the administration of the Plan including, but not limited to, the following: 

(a) To determine from time to time which of the persons eligible under the Plan shall be granted Awards, when and how each Award shall be
granted, what type or combination of types of Awards shall be granted, the provisions of each Award granted (which need not be identical), including the time or times when a person shall be permitted to receive Shares pursuant to an Award and the
number of Shares subject to an Award or the value of an Award; 

  
 A-6 

 (b) To construe and interpret the Plan and Awards granted under it, and to establish, amend,
and revoke rules and regulations for its administration; 
 (c) To correct any defect, omission or inconsistency in the Plan or in an Award
Agreement, in a manner and to the extent it shall deem necessary or expedient to make the Plan fully effective; 
 (d) To approve forms of
Award Agreements for use under the Plan; 
 (e) To determine Fair Market Value of a Share; 

(f) To amend any Award Agreement as permitted under the Plan; 

(g) To adopt sub-plans and/or special provisions applicable to stock awards regulated by the laws of a
jurisdiction other than and outside of the United States, to Cash-Based Awards, or to awards to Directors (as contemplated by Article 15). Such sub-plans and/or special provisions shall be subject to and
consistent with the terms of the Plan, except to the extent the Committee determines that different terms and conditions are necessary or desirable to comply with the laws of a jurisdiction other than and outside of the United States; 

(h) To authorize any person to execute on behalf of the Company any instrument required to affect the grant of an Award; 

(i) To determine whether Awards shall be settled in Shares, cash or in any combination thereof; 

(j) To determine whether Awards shall provide for Dividend Equivalents; 

(k) To establish a program whereby Participants designated by the Committee may reduce compensation otherwise payable in cash in exchange for
Awards under the Plan; 
 (l) To authorize a program permitting eligible Participants to surrender outstanding Awards in exchange for newly
granted Awards subject to any applicable shareholder approval requirements set forth in Section 20.1 of the Plan; 
 (m) To impose such
restrictions, conditions or limitations as it determines appropriate as to the timing and manner of any resales by a Participant or other subsequent transfers by a Participant of any Shares, including, without limitation, restrictions under an
insider trading policy and restrictions as to the use of a specified brokerage firm for such resales or other transfers; 
 (n) To waive any
restrictions, conditions or limitations imposed on an Award at the time the Award is granted or at any time thereafter. Without limiting the generality of the foregoing sentence, in situations involving Termination of Service by reason of Normal
Retirement or Involuntary Termination of Service without Cause, the Committee may, at its sole discretion, accelerate vesting or remove restrictions to vesting of an Award or Awards following a determination, in the sole discretion of the Committee,
that such accelerated vesting or removal of restrictions to vesting of an Award or Awards is warranted, taking into consideration factors including, but not limited to, the personal contributions of a Participant to the Company’s financial or non-financial goals, and the personal and professional conduct 

  
 A-7 

 
of the Participant. The Committee may also consider, in its sole discretion, based on facts and information reasonably available to the Committee at the time of its decision, if such acceleration
or removal of vesting restrictions is not reasonably expected to cause the Company to fail to meet its publicly stated financial performance guidance for the year in which the Participant’s Retirement or Involuntary Termination of Service
without Cause occurs; 
 (o) To permit Participants to elect to defer payments of Awards; provided that any such deferrals shall comply with
applicable requirements of the Code, including Code Section 409A; and 
 (p) To extend the timing of the settlement or payment of an
Award to the extent permitted under Code Section 409A and other applicable law and rules of the exchange that is the primary trading market of the Shares. 

3.3 Delegation. To the extent permitted by law, the Committee may delegate to one or more of its members or to one or more
officers of the Company or any Subsidiary or to one or more agents or advisors such administrative duties or powers as it may deem advisable, and the Committee or any individuals to whom it has delegated duties or powers as aforesaid may employ one
or more individuals to render advice with respect to any responsibility the Committee or such individuals may have under the Plan. To the extent permitted by law, the Committee may delegate to one or more of its members or more officers of the
Company the authority, subject to the terms and conditions as the Committee shall determine, to (a) designate employees to be recipients of Awards under the Plan and (b) determine the size of any Awards; provided that (x) the
Committee shall not delegate such responsibilities for Awards granted to an employee who was an officer, Director, or 10% beneficial owner of any class of the Company’s equity securities that is registered pursuant to Section 12 of the
Exchange Act, as determined by the Board in accordance with Section 16 of the Exchange Act; (y) the resolution providing for such authorization sets forth the total number of Shares such officer(s) may grant; and (z) the officer(s)
shall report periodically to the Committee regarding the nature and scope of the Awards granted pursuant to the authority delegated. 

Article 4. Shares Subject to The Plan and Minimum Vesting Standards 

4.1 Number of Shares Authorized and Available for Awards. Subject to adjustment as provided under Section 4.3, the total
number of Shares that may be the subject of Awards and issued under the Plan shall be 3,062,788. Such Shares may be authorized and unissued Shares or, to the extent permitted by applicable law, issued shares that have been reacquired by the Company.
Any of the authorized Shares may be used for any type of Award under the Plan, and any or all of the Shares may be allocated to Incentive Stock Options. Solely for the purpose of determining the number of Shares available for Awards under this
Section 4.1, the number of shares available for issuance under the Plan shall be reduced by one (1.00) Share for every one (1.00) Share granted in respect of an Award, provided however that in the case of an Award that provides for a range of
potential Share payouts the number of shares available for issuance under the Plan shall be reduced by the maximum number of Shares that may be paid under such an Award. 

4.2 Share Usage. In determining the number of Shares available for grant under the Plan at any time, the following rules shall
apply: 
 (a) Any Shares subject to an Award granted under the Plan or Prior Plan that on or after the Effective Date terminates by
expiration, forfeiture, cancellation or otherwise without the issuance of the Shares (or with the forfeiture of Shares in connection with a Restricted Stock Award), is settled in cash in lieu of Shares, or is exchanged with the Committee’s
permission, prior to the issuance of Shares, for an Award not involving Shares shall become available again for grant under the Plan. 

  
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 (b) Any Shares that are withheld by the Company or tendered by a Participant (by either
actual delivery or attestation) on or after the Effective Date (i) to pay the Exercise Price of an Option granted under the Plan or (ii) to satisfy tax withholding obligations associated with an Award granted under the Plan, shall not
become available again for grant under the Plan. 
 (c) Any Shares that were subject to a stock-settled SAR granted under the Plan that were
not issued upon the exercise of such SAR on or after the Effective Date shall not become available again for grant under the Plan. 
 (d)
Any Shares that were purchased by the Company on the open market with the proceeds from the exercise of a Stock Option granted under the Plan on or after the Effective Date shall not become available for grant under the Plan. 

(e) Shares subject to Substitute Awards shall not be counted against the share reserve specified in Section 4.1. 

4.3 Adjustments. All Awards shall be subject to the following provisions: 

(a) In the event of any equity restructuring (within the meaning of FASB ASC Topic 718) that causes the per share value of Shares to change,
such as a stock dividend, stock split, reverse stock split, split up, spin-off, rights offering or recapitalization through an extraordinary dividend, the Committee, in order to prevent dilution or enlargement
of Participants’ rights under the Plan, shall substitute or adjust, as applicable, (i) the number and kind of Shares or other securities that may be issued under the Plan or under particular forms of Award Agreements, (ii) the number
and kind of Shares or other securities subject to outstanding Awards, (iii) the Exercise Price or Grant Price applicable to outstanding Awards, and (iv) other value determinations applicable to outstanding Awards. In the event of any other
change in corporate capitalization (including, but not limited to, a merger, consolidation, any reorganization (whether or not such reorganization comes within the definition of such term in Section 368 of the Code), or any partial or complete
liquidation of the Company to the extent such events do not constitute equity restructurings or business combinations within the meaning of FASB ASC Topic 718, such equitable adjustments described in the foregoing sentence may be made as determined
to be appropriate and equitable by the Committee to prevent dilution or enlargement of rights. In either case, any such adjustment shall be conclusive and binding for all purposes of the Plan. Unless otherwise determined by the Committee, the number
of Shares subject to an Award shall always be a whole number. 
 (b) In addition to the adjustments permitted under paragraph
(a) above, the Committee, in its sole discretion, may make such other adjustments or modifications in the terms of any Awards that it deems appropriate to reflect any of the events described in Section 4.3(a), including, but not limited
to, (i) modifications of performance goals and changes in the length of Performance Periods, or (ii) the substitution of other property of equivalent value (including, without limitation, cash, other securities and securities of entities
other than the Company that agree to such substitution) for the Shares available under the Plan or the Shares covered by outstanding Awards, including arranging for the assumption, or replacement with new awards, of Awards held by Participants and
(iii) in connection with any sale of a Subsidiary, arranging for the assumption, or replacement with new awards, of Awards held by Participants employed by the affected Subsidiary by the Subsidiary or an entity that controls the Subsidiary
following the sale of such Subsidiary. 
 (c) The determination of the Committee as to the foregoing adjustments set forth in this
Section 4.3, if any, shall be made in accordance with Code Sections 409A or 424, to the extent applicable, and shall conclusive and binding on Participants under the Plan. 

  
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 4.4 Effect of Plans Operated by Acquired Companies. If a company acquired by
the Company or any Subsidiary or any Affiliate or with which the Company or any Subsidiary or any Affiliate combines has shares available under a pre-existing plan approved by shareholders and not adopted in
contemplation of such acquisition or combination, the shares available for grant pursuant to the terms of such pre-existing plan (as adjusted, to the extent appropriate, using the exchange ratio or other
adjustment or valuation ratio or formula used in such acquisition or combination to determine the consideration payable to the holders of common stock of the entities party to such acquisition or combination) may be used for Awards under the Plan
and shall not reduce the Shares authorized for grant under the Plan. Awards using such available shares shall not be made after the date awards or grants could have been made under the terms of the
pre-existing plan, absent the acquisition or combination, and shall only be made to individuals who were not Employees or Non-Employee Directors prior to such
acquisition or combination. 
 4.5 Minimum Vesting Standards. Any Award and all portions of an Award granted to Employees
under this Plan shall be subject to a minimum vesting period of at least one year. Notwithstanding the immediately preceding sentence, (i) the Committee may permit and authorize acceleration of vesting of Awards pursuant to Section 3.2(n)
of this Plan, and (ii) the Committee may grant Awards covering up to five percent (5%) of the total number of Shares authorized under this Plan without respect to the minimum vesting standards set forth in this Section 4.5. 

Article 5. Eligibility and Participation 

5.1 Eligibility to Receive Awards. Individuals eligible to participate in the Plan shall be limited to Employees, Nonemployee
Directors and Third-Party Service Providers of the Company and its Subsidiaries. 
 5.2 Participation in the Plan. Subject to
the provisions of the Plan, the Committee may, from time to time, select from all individuals eligible to participate in the Plan, those individuals to whom Awards shall be granted and shall determine, in its sole discretion, the nature of any and
all terms permissible by law and the amount of each Award. 
 5.3 Award Agreements. The Committee shall have the exclusive
authority to determine the terms of an Award Agreement evidencing an Award granted under the Plan, subject to the provisions herein. The terms of an Award Agreement need not be uniform among all Participants or among similar types of Awards. 

Article 6. Stock Options 

6.1 Grant of Options. Options may be granted to Participants covering such number of Shares, and upon such terms, and at any
time and from time to time as shall be determined by the Committee. Each grant of an Option shall be evidenced by an Award Agreement, which shall specify whether the Option is in the form of a Nonqualified Stock Option or an Incentive Stock Option.

 6.2 Exercise Price. The Exercise Price for each Option shall be determined by the Committee and shall be specified in the
Award Agreement evidencing such Option; provided, however, the Exercise Price must be at least equal to 100% of the Fair Market Value of a Share as of the Option’s Grant Date, except in the case of Substitute Awards (to the extent
consistent with Code Section 409A and, in the case of Incentive Stock Options, Code Section 424), and subject to adjustment as provided for under Section 4.3. 

  
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 6.3 Term of Option. The term of an Option granted to a Participant shall be
determined by the Committee; provided, however, no Option shall be exercisable later than the tenth anniversary of its Grant Date. 

6.4 Exercise of Option. An Option shall be exercisable at such times and be subject to such restrictions and vesting conditions
as the Committee shall in each instance approve, which terms and restrictions need not be the same for each grant or for each Participant. 

6.5 Payment of Exercise Price. An Option shall be exercised by the delivery of a notice of exercise to the Company or an agent
designated by the Company in a form specified or accepted by the Committee, or by complying with any alternative procedures that may be authorized by the Committee, setting forth the number of Shares with respect to which the Option is to be
exercised, accompanied by full payment for the Shares. Any Shares issued upon exercise of an Option are subject to Section 14.3. A condition of the issuance of the Shares as to which an Option shall be exercised shall be the payment of the
Exercise Price and the payment of applicable withholding taxes. The Exercise Price of any exercised Option shall be payable to the Company in accordance with one of the following methods to the extent permitted under a Participant’s applicable
Award Agreement as determined by the Committee in its discretion on the date of grant: 
 (a) In cash or its equivalent, 

(b) By tendering (either by actual delivery or by attestation) previously acquired Shares having an aggregate Fair Market Value at the time of
exercise equal to the Exercise Price, 
 (c) By a cashless (broker-assisted) exercise, 

(d) By authorizing the Company to withhold Shares otherwise issuable upon the exercise of the Option having an aggregate Fair Market Value at
the time of exercise equal to the Exercise Price, 
 (e) By any combination of (a), (b), (c) or (d), or 

(f) By any other method approved or accepted by the Committee. 

Unless otherwise determined by the Committee, all payments under all of the methods indicated above shall be paid in United States dollars or Shares, as
applicable. 
 6.6 Special Rules Regarding ISOs. Notwithstanding any provision of the Plan to the contrary, an Option granted
in the form of an ISO to a Participant shall be subject to the following rules: 
 (a) An Option shall constitute an Incentive Stock Option
only if the Participant receiving the Option is an Employee and only if the Employee is employed by the Company, or a parent corporation or Subsidiary corporation within the meaning of Code Section 424, and only to the extent that (i) it
is so designated in the applicable Award Agreement and (ii) the aggregate Fair Market Value (determined as of the Option’s Grant Date) of the Shares with respect to which Incentive Stock Options held by the Participant first become
exercisable in any calendar year (under the Plan and all other plans of the Company and its Affiliates) does not exceed $100,000. To the extent an Option granted to a Participant exceeds this limit, the Option shall be treated as a Non-Statutory Stock Option. 

  
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 (b) No Participant may receive an Incentive Stock Option under the Plan if, immediately
after the grant of such Award, the Participant would own (after application of the rules contained in Code Section 424(d)) Shares possessing more than 10% of the total combined voting power of all classes of stock of the Company or an
Affiliate, unless (i) the exercise price for that Incentive Stock Option is at least 110% of the Fair Market Value of the Shares subject to that Incentive Stock Option on the Grant Date and (ii) that Option shall expire no later than five
years after its Grant Date. 
 (c) For purposes of continued service by a Participant who has been granted an Incentive Stock Option, no
approved leave of absence may exceed three months unless reemployment upon expiration of such leave is provided by statute or contract. If reemployment is not so provided, then on the date six months following the first day of such leave, any
Incentive Stock Option held by the Participant shall cease to be treated as an Incentive Stock Option and shall be treated for tax purposes as a Non-Statutory Stock Option. 

(d) If an Incentive Stock Option is exercised after the expiration of the exercise periods that apply for purposes of Code Section 422,
such Option shall thereafter be treated as a Non-Statutory Stock Option. 
 (e) Each Participant
awarded an Incentive Stock Option shall notify the Company in writing immediately after the date he or she makes a disqualifying disposition of any Shares acquired pursuant to the exercise of such Incentive Stock Option. A disqualifying disposition
is any disposition (including any sale) of such Shares before the later of (i) two years after the Grant Date of the Incentive Stock Option or (ii) one year after the date of exercise of the Incentive Stock Option. 

Article 7. Stock Appreciation Rights 

7.1 Grant of SARs. SARs may be granted to Participants in such number, and upon such terms, and at any time and from time to time
as shall be determined by the Committee. Each grant of SARs shall be evidenced by an Award Agreement. 
 7.2 Grant Price. The
Grant Price for each grant of an SAR shall be determined by the Committee and shall be specified in the Award Agreement evidencing the SAR; provided, however, the Grant Price must be at least equal to 100% of the Fair Market Value of a
Share as of the Grant Date, except in the case of Substitute Awards (to the extent consistent with Code Section 409A), and subject to adjustment as provided for under Section 4.3. 

7.3 Term of SAR. The term of an SAR granted to a Participant shall be determined by the Committee; provided,
however, no SAR shall be exercisable later than the tenth anniversary of its Grant Date. 
 7.4 Exercise of SAR. An SAR
shall be exercisable at such times and be subject to such restrictions and vesting conditions as the Committee shall in each instance approve, which terms and restrictions need not be the same for each grant or for each Participant. 

7.5 Notice of Exercise. An SAR shall be exercised by the delivery of a notice of exercise to the Company or an agent designated
by the Company in a form specified or accepted by the Committee, or by complying with any alternative procedures that may be authorized by the Committee, setting forth the number of Shares with respect to which the SAR is to be exercised. 

7.6 Settlement of SARs. Upon the exercise of an SAR, pursuant to a notice of exercise properly completed and submitted to the
Company in accordance with Section 7.5, a Participant shall be entitled to receive payment from the Company in an amount equal to the product of (a) and (b) below: 

(a) The excess of the Fair Market Value of a Share on the date of exercise over the Grant Price. 

  
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 (b) The number of Shares with respect to which the SAR is exercised. 

Payment shall be made in cash, Shares or a combination thereof as provided for under the applicable Award Agreement. Any Shares issued in payment of an SAR
shall be subject to Section 14.3. 
 Article 8. Restricted Stock 

8.1 Grant of Restricted Stock. Restricted Stock Awards may be granted to Participants in such number of Shares, and upon such
terms, and at any time and from time to time as shall be determined by the Committee. Each grant of Restricted Stock shall be evidenced by an Award Agreement. 

8.2 Nature of Restrictions. Each grant of Restricted Stock may be subject to a requirement that a Participant pay a stipulated
purchase price for each Share of Restricted Stock, and shall be subject to a Period of Restriction that shall lapse upon the satisfaction of such vesting conditions as are determined by the Committee and set forth in an applicable Award Agreement.
Such conditions or restrictions may include, without limitation, one or more of the following: 
 (a) that the Shares of Restricted Stock may
not be transferred in any fashion prior to their applicable vesting date or 
 (b) that the Shares of Restricted Stock may vest only upon
completion of a specified period of continuous employment or other service and/or to the degree that specific performance goals have been achieved. 

8.3 Delivery of Shares. Unvested Shares subject to a Restricted Stock Award shall be evidenced by a book-entry in the name of
the Participant with the Company’s transfer agent or by one or more stock certificates issued in the name of the Participant. Any such stock certificate shall be deposited with the Company or its designee, together with an assignment separate
from the certificate, in blank, signed by the Participant, and bear an appropriate legend referring to the restricted nature of the Restricted Stock evidenced thereby. Any book-entry shall be subject to comparable restrictions and corresponding stop
transfer instructions. Upon the vesting of Shares of Restricted Stock, and the Company’s determination that any necessary conditions precedent to the release of vested Shares (such as satisfaction of tax withholding obligations and compliance
with applicable legal requirements) have been satisfied, such vested Shares shall be made available to the Participant in such manner as may be prescribed or permitted by the Committee. Such vested Shares shall be subject to Section 14.3. 

8.4 Voting Rights. As set forth in a Participant’s applicable Award Agreement, the Committee shall determine the extent to
which a Participant holding Shares of Restricted Stock shall be granted the right to exercise full voting rights with respect to those Shares. 

8.5 Section 83(b) Election. No election under Section 83(b) of the Code (to include in gross income in the year of transfer
the amounts specified in Code Section 83(b)) or under a similar provision of the laws of a jurisdiction outside the United States may be made unless expressly permitted by the terms of the Award document or by action of the Committee in writing
prior to the making of such election. In any case in which a Participant is permitted to make such an election in connection with an Award, the Participant shall notify the Company of such election within ten days of filing notice of the election
with the Internal Revenue Service or other governmental authority, in addition to any filing and notification required pursuant to regulations issued under Code Section 83(b) or other applicable provision. 

  
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 Article 9. Restricted Stock Units 

9.1 Grant of Restricted Stock Units. Restricted Stock Units may be granted to Participants in such number, and upon such terms,
and at any time and from time to time as shall be determined by the Committee. A grant of Restricted Stock Units shall not represent the grant of Shares but shall represent a promise to deliver a corresponding number of Shares or the value of such
number of Shares based upon the completion of service, performance conditions, or such other terms and conditions as specified in the applicable Award Agreement over the Period of Restriction. Each grant of Restricted Stock Units shall be evidenced
by an Award Agreement. 
 9.2 Nature of Restrictions. Each grant of Restricted Stock Units shall be subject to a Period of
Restriction that shall lapse upon the satisfaction of such vesting conditions as are determined by the Committee and set forth in an applicable Award Agreement. Such conditions or restrictions may include, without limitation, one or more of the
following: 
 (a) that the Restricted Stock Units may not be transferred in any fashion, subject to Section 14.1, or 

(b) that the Restricted Stock Units may vest only upon completion of a specified period of continuous employment or other service and/or to
the degree that specific performance goals have been achieved. 
 9.3 Voting Rights. A Participant shall have no voting rights
with respect to any Restricted Stock Units granted hereunder or the Shares subject to any Restricted Stock Units granted hereunder prior to the issuance of the Shares. 

9.4 Settlement and Payment of Restricted Stock Units. Unless otherwise elected by the Participant as permitted under the Award
Agreement, or otherwise provided for in the Award Agreement, Restricted Stock Units shall be settled upon the date such Restricted Stock Units vest. Such settlement shall be made in Shares, cash or a combination thereof as provided for under the
applicable Award Agreement. Any Shares issued in settlement of Restricted Stock Units shall be subject to Section 14.3. 
 Article
10. Performance Share Units 
 10.1 Grant of Performance Share Units. Performance Share Units may be granted to
Participants in such number, and upon such terms and at any time and from time to time as shall be determined by the Committee. Each grant of Performance Share Units shall be evidenced by an Award Agreement. 

10.2 Value of Performance Share Units. Each Performance Share Unit shall have a value equal to the Fair Market Value of a Share
on the Grant Date. The Committee shall set performance goals that, depending on the extent to which they are met over the specified Performance Period and the satisfaction of applicable service-based vesting conditions, shall determine the number of
Performance Share Units that shall vest, which may be greater than the target number of Performance Share Units granted, and be paid to a Participant. 

  
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 10.3 Earning of Performance Share Units. After the applicable Performance
Period has ended, the number of Performance Share Units earned by the Participant over the Performance Period shall be determined as a function of the extent to which the applicable corresponding performance goals have been achieved. This
determination shall be made by the Committee. 
 10.4 Form and Timing of Payment of Performance Share Units. The Company shall
pay at the close of the applicable Performance Period, or as soon as practicable thereafter, any earned Performance Share Units in the form of Shares, cash or a combination thereof as provided for under the applicable Award Agreement. Any Shares
issued in settlement of Performance Share Units are subject to Section 14.3. 
 Article 11. Performance Units 

11.1 Grant of Performance Units. Subject to the terms and provisions of the Plan, Performance Units may be granted to a
Participant in such number, and upon such terms and at any time and from time to time as shall be determined by the Committee. Each grant of Performance Units shall be evidenced by an Award Agreement. 

11.2 Value of Performance Units. Each Performance Unit shall have an initial notional value equal to a dollar amount determined
by the Committee. The Committee shall set performance goals in its discretion that, depending on the extent to which they are met over the specified Performance Period and the satisfaction of applicable service-based vesting conditions, shall
determine the number of Performance Units that shall vest, the settlement value of each Performance Unit (if variable), and the settlement amount to be paid to the Participant. 

11.3 Earning of Performance Units. After the applicable Performance Period has ended, the number of Performance Units earned by
the Participant over the Performance Period shall be determined as a function of the extent to which the applicable corresponding performance goals have been achieved. This determination shall be made by the Committee. 

11.4 Form and Timing of Payment of Performance Units. The Company shall pay at the close of the applicable Performance Period,
or as soon as practicable thereafter, any earned Performance Units in the form of cash, Shares or a combination thereof, as provided for under the applicable Award Agreement. Any Shares issued in settlement of Performance Units are subject to
Section 14.3. 
 Article 12. Other Stock-Based Awards and Cash-Based Awards 

12.1 Grant of Other Stock-Based Awards and Cash-Based Awards. 

(a) The Committee may grant Other Stock-Based Awards not otherwise described by the terms of the Plan to a Participant in such amounts and
subject to such terms and conditions, as the Committee shall determine. Such Awards may involve the transfer of actual Shares to Participants, or payment in cash or otherwise of amounts based on the value of Shares. 

(b) The Committee may grant Cash-Based Awards not otherwise described by the terms of the Plan to a Participant in such amounts and upon such
terms as the Committee shall determine. 
 (c) Each grant of Other Stock-Based Awards and Cash-Based Awards shall be evidenced by an Award
Agreement and/or subject to a subplan or special provisions approved by the Committee. 

  
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 12.2 Value of Other Stock-Based Awards and Cash-Based Awards. 

(a) Each Other Stock-Based Award shall be expressed in terms of Shares or units based on Shares, as determined by the Committee. 

(b) Each Cash-Based Award shall specify a payment amount or payment range as determined by the Committee. If the Committee exercises its
discretion to establish performance goals, the value of Cash-Based Awards that shall be paid to the Participant will depend on the extent to which such performance goals are met and any service-based payment conditions are satisfied. 

12.3 Payment of Other Stock-Based Awards and Cash-Based Awards. Payment, if any, with respect to Cash-Based Awards and Other
Stock-Based Awards shall be made in accordance with the terms of the applicable Award Agreement in the form of cash, Shares or other forms of Awards under the Plan or a combination of cash, Shares and other forms of Awards. The determination of the
form in which Awards subject to this Article 12 will be paid shall be made by the Committee, unless the Committee chooses to provide in an applicable Award Agreement that a Participant may elect, in accordance with such procedures and limitations as
the Committee may specify, the form in which such an Award will be paid. To the extent any Award subject to this Article 12 is to be paid in other forms of Awards under the Plan, such Awards issued in payment shall be valued for purposes of such
payment at their grant date fair value. If the Committee permits a Participant to elect to receive some or all of an amount that would otherwise be payable in cash under an Award subject to this Article 12 in Shares or other forms of Awards, the
Committee may also provide in the applicable Award Agreement that the Fair Market Value of the Shares or the grant date fair value of the other forms of Awards may exceed the amount of cash that otherwise would have been payable. 

Article 13. Forfeiture and Recoupment of Awards 

13.1 General Rule on Forfeitures. Unless otherwise provided in a then-effective written agreement (including an Award Agreement)
between a Participant and the Company, any Subsidiary or any Affiliate, Sections 13.3, 13.4 and 13.5 below set forth the effect of a Participant’s Termination of Service on any Award then held by a Participant: 

13.2 Termination for Cause. If a Participant Termination of Service is due to Cause, then the Participant shall forfeit, as of
the date immediately preceding such Termination of Service, the Participant’s (i) outstanding and unexercised Options and SARs, and (ii) outstanding and not yet settled Restricted Stock, RSUs, Performance Share Units, Performance
Units, Cash-Based Awards and Other Stock-Based Awards granted to the Participant. 
 13.3 Options and SARs. Subject to
Section 13.1, upon a Participant’s Termination of Service, any then held Options and/or SARs shall be subject to the following rules: 

(a) Termination of Service due to death. If a Participant incurs a Termination of Service by reason of death, any nonvested Option
and/or SAR held by the Participant shall become fully vested and exercisable for a period of one (1) year from the date of such Termination of Employment or until the expiration of the stated term of the Option, whichever period is the shorter.

 (b) Termination of Service due to Disability. If a Participant incurs a Termination of Service by reason of Disability, any
nonvested Option and/or SAR then held by the Participant shall become fully vested and exercisable for a period of one (1) year from the date of such Termination of Service or until the expiration of the stated term of the Option, whichever
period is the shorter; provided, however, that if the Participant dies during such one (1) year period, any unexercised Options held by the Participant shall continue to be exercisable for a period of one (1) year from the date of
the Participant’s death or until the expiration of the stated term of the Option, whichever period is the shorter. 

  
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 (c) Termination of Service by reason of Normal Retirement or Involuntary Termination of
Service without Cause. If a Participant incurs a Termination of Service by reason of Normal Retirement or Involuntary Termination of Service without Cause, and in the case of Normal Retirement has provided the required notice to the Company
under Section 2.28, then following a determination by the Committee that a waiver of restrictions, conditions or limitations imposed on a Participant’s Award or Awards is appropriate pursuant to Section 3.2(n), any nonvested Option
and/or SAR then held by the Participant may become fully vested and exercisable for a period of two years from the date of such Termination of Service or until the expiration of the stated term of the Option, whichever period is the shorter;
provided, however, that if the Participant dies within such two-year (2) period any unexercised Option held by the Participant shall continue to be exercisable for a period of one year from the
date of such death or until the expiration of the stated term of the Option, whichever period is the shorter. 
 (d) Other Termination of
Service. If a Participant incurs a Termination of Service for any reason other than death, Disability, Normal Retirement, or Involuntary Termination of Service without Cause, any nonvested Option and or SAR then held by the Participant, to the
extent it was then exercisable at such Termination of Service, or on such accelerated basis as the Committee may determine, may be exercised for the period of the earlier of three (3) months from the date of such Termination of Service or the
expiration of the stated term of the Option; provided, however, that if the Participant dies within such three-month (3) period, any unexercised Option held by such Participant shall, notwithstanding the expiration of such three-month
period, continue to be exercisable to the extent to which it was exercisable at the time of death for a period of one (1) year from the date of the Participant’s death or until the expiration of the stated term of the Option, whichever
period is the shorter. 
 13.4 Time-based Restricted Stock and Restricted Stock Units. Subject to Section 13.1, upon a
Participant’s Termination of Service, any then held nonvested Restricted Stock and/or Restricted Stock Units, the vesting of which is solely conditioned upon the completion of a service period, shall be subject to the following rules: 

(a) Termination of Service due to death or Disability. If a Participant incurs a Termination of Service by reason of death or
Disability, any nonvested Restricted Stock and/or Restricted Stock Units then held by the Participant shall become fully vested and, in the case of Restricted Stock Units, shall be settled within sixty (60) days from the date of such
Termination of Service. 
 (b) Termination of Service due to Normal Retirement or Involuntary Termination of Service without Cause.
If a Participant incurs a Termination of Service by reason of Normal Retirement or Involuntary Termination of Service without Cause, and in the case of Normal Retirement has provided the required notice to the Company under Section 2.28, then
following a determination by the Committee that a waiver of restrictions, conditions or limitations imposed on a Participant’s Award or Awards is appropriate pursuant to Section 3.2(n), any nonvested Restricted Stock and/or Restricted
Stock Units then held by the Participant shall become fully vested and, in the case of Restricted Stock Units, shall be settled within sixty (60) days from the date of such Termination. 

(c) Other Termination of Service. If a Participant incurs a Termination of Service for any reason other than death, Disability, Normal
Retirement, or Involuntary Termination of Service without Cause, any nonvested Restricted Stock and/or Restricted Stock Units then held by the Participant shall be forfeited. 

  
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 13.5 Performance-Based Awards. Subject to Section 13.1, upon a
Participant’s Termination of Service prior to the end of the applicable Performance Period, any then held Award, the vesting of which is subject to the satisfaction of one or more performance conditions (“Performance-Based Awards”),
shall be subject to the following rules: 
 (a) Termination of Service due to death or Disability. If a Participant incurs a
Termination of Service by reason of death or Disability, any Performance-Based Awards then held by the Participant shall become fully vested and all performance conditions shall be deemed satisfied as if target performance was achieved, and shall be
settled in cash, Shares or a combination thereof, as provided for in the applicable Award Agreement, within sixty (60) days of such Termination of Service. 

(b) Termination of Service by reason of Normal Retirement. If a Participant incurs a Termination of Service by reason of Normal
Retirement and has provided the required notice to the Company under Section 2.28, then following a determination by the Committee that a waiver of restrictions, conditions or limitations imposed on a Participant’s Award or Awards is
appropriate pursuant to Section 3.2(n), any Performance-Based Awards then held by the Participant shall become fully vested based on actual performance achieved through the end of the applicable performance period, and shall be shall be settled
in cash, Shares or a combination thereof, as provided for in the applicable Award Agreement, within sixty (60) days following the end of such performance period. 

(c) Involuntary Termination of Service without Cause. If a Participant incurs an Involuntary Termination without Cause, any
Performance-Based Awards then held by the Participant shall be subject to the following rules: 
 (i) If a Participant has completed less
than five (5) years of continuous service as an Employee through the date of such termination, then following a determination by the Committee that a waiver of restrictions, conditions or limitations imposed on a Participant’s Award or
Awards is appropriate pursuant to Section 3.2(n), any Performance-Based Awards then held by the Participant shall become fully vested based on actual performance achieved through the end of the applicable performance period and prorated based
on the number of full calendar months that the Participant was an Employee through the date of such termination, and shall be settled in cash, Shares or a combination thereof, as provided for in the applicable Award Agreement, within sixty
(60) days following the end of such performance period. 
 (ii) If a Participant has completed five (5) or more years of
continuous service as an Employee through the date of such termination, then following a determination by the Committee that a waiver of restrictions, conditions or limitations imposed on a Participant’s Award or Awards is appropriate pursuant
to Section 3.2(n), any Performance-Based Awards then held by the Participant shall become fully vested based on actual performance achieved through the end of the applicable performance period and shall be settled in cash, Shares or a
combination thereof, as provided for in the applicable Award Agreement, within sixty (60) days following the end of such performance period. 

(d) Other Terminations of Service. If a Participant incurs a Termination of Service for any reason other than death, Disability, Normal
Retirement or Involuntary Termination of Service without Cause, any Performance-Based Award then held by the Participant shall be forfeited. 

Article 14. Transferability of Awards and Shares 

14.1 Transferability of Awards. Except as provided in Section 14.2, Awards shall not be transferable other than by will or
the laws of descent and distribution or, subject to the consent of the Committee, pursuant to a domestic relations order entered into by a court of competent jurisdiction. Notwithstanding the foregoing, ISOs may only be transferred by will or the
laws of descent and during 

  
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the lifetime of the Participant may only be exercised by the Participant in accordance with Code Section 422 and the applicable regulations thereunder. No Awards shall be subject, in whole
or in part, to attachment, execution or levy of any kind; and any purported transfer in violation of this Section 14.1 shall be null and void. The Committee may establish such procedures as it deems appropriate for a Participant to designate a
beneficiary to whom any amounts payable or Shares deliverable in the event of, or following, the Participant’s death may be provided. 

14.2 Committee Action. The Committee may, in its discretion, approve a Participant’s transfer, by gift, of an Award (except
in the case of an ISO which can only be transferred as provided above), on such terms and conditions as the Committee deems appropriate and to the extent permissible and in compliance with Code Sections 409A and 83 and applicable securities laws and
exchange rules, (i) to an “Immediate Family Member” (as defined below) of the Participant, (ii) to an inter vivos or testamentary trust in which the Award is to be passed to the Participant’s designated beneficiaries, or
(iii) to a charitable institution. Any transferee of the Participant’s rights shall succeed and be subject to all of the terms of the applicable Award Agreement and the Plan, including restrictions on further transferability, compliance
with applicable securities laws, and providing required investment representations. “Immediate Family Member” means any child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law,
son-in-law, daughter-in-law, brother-in-law, or sister-in-law, including adoptive relationships, a trust in which these persons have more than fifty (50%)
percent of the beneficial interest, a foundation in which these persons (or the Participant) control the management of assets, and any other entity in which these persons (or the Participant) own more than fifty (50%) percent of the voting
interests. 
 14.3 Restrictions on Share Transferability. The Committee may impose such restrictions on any Shares acquired by
a Participant under the Plan as it may deem advisable, including, without limitation, minimum holding period requirements, restrictions under applicable federal securities laws, under the requirements of any stock exchange or market upon which such
Shares are then listed or traded or under any blue sky or state securities laws applicable to such Shares, provided no such restriction shall cause the Shares not to be “service recipient stock” within the meaning of Code
Section 409A to the extent applicable for Options and SARs. 
 Article 15. Nonemployee Director Awards 

15.1 Awards to Nonemployee Directors. The Committee shall approve all Awards to Nonemployee Directors. The terms and conditions
of any grant of any Award to a Nonemployee Director shall be set forth in an Award Agreement. 
 15.2 Annual Award Limit. The
maximum aggregate value of equity and cash based Awards granted to any Nonemployee Director during any calendar year shall not exceed $1,000,000. The value of an equity-based Award shall be based on the Award’s grant date fair value as
determined under applicable accounting standards. 
 Article 16. Effect of a Change in Control 

16.1 Default Provisions. 

Subject to Section 4.3, upon a Change in Control all then-outstanding Awards shall immediately vest and be settled in accordance with
paragraphs (a) and (b) below, except as may otherwise be provided in a then-effective written agreement (including an Award Agreement) between a Participant and the Company. The immediately preceding sentence shall not apply the extent
that (i) another award meeting the requirements of Section 16.2 (“Replacement Award”) is provided to the Participant pursuant to Section 4.3 to replace an Award (“Replaced Award”) subject to Sections 16.2(a) and
(b), or (ii) upon a Change in Control, the Plan and the Participant’s then-outstanding Awards remain unaltered and are continued in effect. 

  
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 (a) Outstanding Awards Subject Solely to a Service Condition. 

(i) Upon a Change in Control, a Participant’s then-outstanding Awards, other than Options and Stock Appreciation Rights, that are not
vested and as to which vesting depends solely on the satisfaction of a service obligation by the Participant to the Company or any Affiliate shall become fully vested and shall be settled in cash, Shares or a combination thereof, as determined by
the Committee, within sixty (60) days or as soon as administratively practical following such Change in Control (except to the extent that settlement of the Award must be made pursuant to its original schedule in order to comply with Code
Section 409A). 
 (ii) Upon a Change in Control, a Participant’s then-outstanding Options and Stock Appreciation Rights that are
not vested and as to which vesting depends solely on the satisfaction of a service obligation by the Participant to the Company or any Affiliate shall immediately become fully vested and exercisable over the exercise period set forth in the
applicable Award Agreement. Notwithstanding the immediately preceding the sentence, the Committee may elect to cancel such outstanding Options or Stock Appreciation Rights and pay the Participant an amount of cash (less normal withholding taxes)
equal to the excess of (i) the value, as determined by the Committee, of the consideration (including cash) received by the holder of a Share as a result of the Change in Control (or if the Company shareholders do not receive any consideration
as a result of the Change in Control, the Fair Market Value of a Share on the day immediately prior to the Change in Control) over (ii) the exercise price of such Options or the grant price of such Stock Appreciation Rights, multiplied by the
number of Shares subject to each such Award in accordance with Code Section 409A to the extent applicable. No payment shall be made to a Participant for any Option or Stock Appreciation Right if the exercise price or grant price for such Option
or Stock Appreciation Right, respectively, exceeds the value, as determined by the Committee, of the consideration (including cash) received by the holder of a Share as a result of Change in Control. 

(b) Outstanding Awards Subject to a Performance Condition. 

(i) Upon a Change in Control, a Participant’s then-outstanding Awards, other than Options and Stock Appreciation Rights, that are not
vested and as to which vesting depends upon the satisfaction of one or more performance conditions shall immediately vest and all performance conditions shall be deemed satisfied as if target performance was achieved, and shall be settled in cash,
Shares or a combination thereof, as determined by the Committee, within sixty (60) days or as soon as administratively practical following such Change in Control (except to the extent that settlement of the Award must be made pursuant to its
original schedule in order to comply with Code Section 409A), notwithstanding that the applicable performance period, retention period or other restrictions and conditions have not been completed or satisfied. 

(ii) Upon a Change in Control, a Participant’s then-outstanding Options and Stock Appreciation Rights that are not vested and as to
which vesting depends upon the satisfaction of one or more performance conditions shall immediately vest and all performance conditions shall be deemed satisfied as if target performance was achieved. Such vested Options and/or Stock Appreciation
Rights shall be deemed exercised as of the date of the Change in Control and shall be settled cash within sixty (60) days following such Change in Control (except to the extent that settlement of the Award must be made pursuant to its original
schedule in order to comply with Code Section 409A) in an amount equal to the excess of (i) the value, as determined by the Committee, of the consideration (including cash) 

  
 A-20 

 
received by the holder of a Share as a result of the Change in Control (or if the Company shareholders do not receive any consideration as a result of the Change in Control, the Fair Market Value
of a Share on the day immediately prior to the Change in Control) over (ii) the exercise price of such Options or the grant price of such Stock Appreciation Rights, multiplied by the number of Shares subject to each such Award in accordance
with Code Section 409A to the extent applicable. No payment shall be made to a Participant for any Option or Stock Appreciation Right if the exercise price or grant price for such Option or Stock Appreciation Right, respectively, exceeds the
value, as determined by the Committee, of the consideration (including cash) received by the holder of a Share as a result of Change in Control. 

16.2 Definition of Replacement Award. 

(a) An Award shall meet the conditions of this Section 16.2(a) (and hence qualify as a Replacement Award) if: (i) it is of the same
type as the Replaced Award (or, if it is of a different type as the Replaced Award (such as a deferred cash equivalent award), the Committee, as constituted immediately prior to the Change in Control, finds such type acceptable); (ii) it has a value
at least equal to the value of the Replaced Award; (iii) it relates to publicly traded equity securities listed on a U.S. national securities exchange of the Company or its successor in the Change in Control or another entity that is affiliated
with the Company or its successor following the Change in Control, except in the case of a Replacement Award granted in the form of a deferred cash equivalent award; (iv) its terms and conditions comply with Section 16.2(b); and
(v) its other terms and conditions are not less favorable to the Grantee than the terms and conditions of the Replaced Award (including the provisions that would apply in the event of a subsequent Change in Control). Without limiting the
generality of the foregoing, the Replacement Award may take the form of a continuation of the Replaced Award if the requirements of the preceding sentence are satisfied. The determination of whether the conditions of this Section 16.2(a) are
satisfied shall be made by the Committee, as constituted immediately before the Change in Control, in its sole discretion. Without limiting the generality of the foregoing, the Committee may determine the value of Awards and Replacement Awards that
are stock options or stock appreciation rights by reference to either their intrinsic value or their fair value. 
 (b) Upon an Involuntary
Termination of Service of a Participant without Cause occurring within two years following the Change in Control, all Replacement Awards held by the Participant shall become fully vested and free of restrictions and, in the case of Replacement
Awards in the form of (i) stock options or stock appreciation rights shall be fully exercisable, (ii) performance-based Awards shall be deemed to be satisfied at target performance and paid upon or within 60 days of such Termination of
Service, (iii) service-based Awards (other than stock options or stock appreciation rights) shall be paid upon or within 60 days of such Termination of Service. Notwithstanding the foregoing, with respect to any Award that is considered
deferred compensation subject to Code Section 409A, settlement of such Award shall be made pursuant to its original schedule if necessary to comply with Code Section 409A. 

Article 17. Dividends and Dividend Equivalents 

17.1 Payment of Dividends on Restricted Stock. With respect to an Award of Restricted Stock, the Committee may grant or limit the
right of a Participant to receive dividends declared on Shares that are subject to such Award to the extent the Award is not yet vested. The terms of any right to dividends shall be as set forth in the applicable Award Agreement, including the time
and form of payment and whether such dividends shall be credited with interest or deemed to be reinvested in additional shares of Restricted Stock. If the Committee grants the right of a Participant to receive dividends declared on Shares subject to
an unvested Award of Restricted Stock, then such dividends shall be subject to the same performance conditions and/or service conditions, as applicable, as the underlying Award. 

  
 A-21 

 17.2 Payment of Dividend Equivalents on Awards Other than Options, SARs and
Restricted Stock. Except for Options, SARs and Restricted Stock, the Committee may grant Dividend Equivalents on the units or other Share equivalents subject to an Award based on the dividends actually declared and paid on outstanding Shares.
The terms of any dividend equivalents shall be as set forth in the applicable Award Agreement, including the time and form of payment and whether such dividend equivalents shall be credited with interest or deemed to be reinvested in additional
units or Share equivalents. Dividend Equivalents shall be subject to the same performance conditions and service conditions, as applicable, as the underlying Award. 

Article 18. Beneficiary Designation 

Each Participant under the Plan may, from time to time, name any beneficiary or beneficiaries (who may be named contingently or successively)
to whom any benefit under the Plan is to be paid in case of his death before he receives any or all of such benefit. Each such designation shall revoke all prior designations by the same Participant, shall be in a form prescribed by the
Committee, and shall be effective only when filed by the Participant in writing with the Company during the Participant’s lifetime. In the absence of any such beneficiary designation, benefits remaining unpaid or rights remaining unexercised at
the Participant’s death shall be paid to or exercised by the Participant’s executor, administrator or legal representative. 

Article 19. Rights of Participants 

19.1 Employment. Nothing in the Plan or an Award Agreement shall (a) interfere with or limit in any way the right of the
Company or any Subsidiary or any Affiliate to terminate any Participant’s employment with the Company or any Subsidiary or any Affiliate at any time or for any reason not prohibited by law or (b) confer upon any Participant any right to
continue his employment or service as a Director for any specified period of time. Neither an Award nor any benefits arising under the Plan shall constitute an employment contract with the Company or any Subsidiary or any Affiliate. 

19.2 Participation. No individual shall have the right to be selected to receive an Award under the Plan, or, having been so
selected, to be selected to receive a future Award. 
 19.3 Rights as a Shareholder. Except as otherwise provided herein, a
Participant shall have none of the rights of a shareholder with respect to Shares covered by any Award until the Participant becomes the record holder of such Shares. 

Article 20. Amendment and Termination 

20.1 Amendment and Termination of the Plan and Awards. 

(a) Subject to subparagraphs (b) and (c) of this Section 20.1 and Section 20.4 of the Plan, the Board may at any time
amend, suspend or terminate the Plan, and the Board or Committee may at any time amend, suspend or terminate any outstanding Award Agreement. 

(b) Without the prior approval of the Company’s shareholders and except as provided for in Section 4.3, no Option or SAR Award may
be (i) amended to reduce the Exercise Price or the Grant Price thereof, as applicable; (ii) cancelled in exchange for the grant of any new Option or SAR with a lower Exercise Price or Grant Price, as applicable; or (iii) cancelled in
exchange for cash, other property or the grant of any new Award at a time when the Exercise Price of the Option or the Grant Price of the SAR is greater than the current Fair Market Value of a Share. 

  
 A-22 

 (c) Notwithstanding the foregoing, no amendment of the Plan shall be made without
shareholder approval if shareholder approval is required pursuant to rules promulgated by any stock exchange or quotation system on which Shares are listed or quoted or by applicable U.S. state corporate laws or regulations, or U.S. federal laws or
regulations. 
 20.2 Adjustment of Awards upon the Occurrence of Certain Unusual or Nonrecurring Events. 

(a) The Committee may make adjustments in the terms and conditions of, and the criteria included in, Awards in recognition of unusual or
nonrecurring events (including, without limitation, the events described in Section 4.3) affecting the Company or the financial statements of the Company or of changes in applicable laws, regulations, or accounting principles, whenever the
Committee determines that such adjustments are appropriate in order to prevent unintended dilution or enlargement of the benefits or potential benefits intended to be made available under the Plan. 

(b) The Committee shall retain the discretion to decrease the amount payable pursuant to a Cash-Based Award below the amount that would
otherwise be payable upon attainment of the applicable performance goal(s) over a Performance Period that does not exceed a term of one (1) year, either on a formula or discretionary basis or any combination, as the Committee or its authorized
delegate determines is appropriate. 
 (c) Any subplan may provide that the Committee shall retain the discretion to decrease the amount
payable pursuant to a Cash-Based Award granted under such subplan below the amount that would otherwise be payable upon attainment of the applicable performance goal(s) over a Performance Period that does not exceed a term of one (1) year,
either on a formula or discretionary basis or any combination, as the Committee or its authorized delegate determines is appropriate. 
 (d)
The determination of the Committee as to any adjustments made pursuant to subparagraphs (a), (b) and (c) above shall be conclusive and binding on Participants under the Plan. By accepting an Award under the Plan, a Participant agrees to any
adjustment to the Award made pursuant to this Section 20.2 without further consideration or action. 
 20.3 Amendment to
Conform to Law. Notwithstanding any other provision of the Plan to the contrary, the Board may amend the Plan and the Board or the Committee may amend an Award Agreement, to take effect retroactively or otherwise, as deemed necessary or
advisable for the purpose of conforming the Plan or an Award Agreement to (i) any law relating to plans of this or similar nature, and to the administrative regulations and rulings promulgated thereunder, (ii) any applicable exchange
requirements and (iii) any compensation recoupment policy adopted by the Company. By accepting an Award under the Plan, a Participant agrees to any amendment made pursuant to this Section 20.3 without further consideration or action. 

20.4 Awards Previously Granted. Notwithstanding any other provision of the Plan to the contrary, other than Sections 4.3, 20.2
and 20.3, no termination or amendment of the Plan or an Award Agreement shall adversely affect in any material way any Award previously granted under the Plan, without the written consent of the Participant holding such Award. 

20.5 Deferred Compensation. Unless otherwise indicated in the applicable Award Agreement, it is not intended that any Award
under the Plan, in form and/or operation, shall constitute “deferred compensation” within the meaning of Code Section 409A and therefore, it is intended that each Award shall not be subject to the requirements applicable to deferred
compensation under section 409A of the Code and the regulations thereunder. If a Participant is a “specified employee” as defined under 

  
 A-23 

 
Code Section 409A and the Participant’s Award is to be settled on account of the Participant’s separation from service (for reasons other than death) and such Award constitutes
“deferred compensation” as defined under Code Section 409A, then any portion of the Participant’s Award that would otherwise be settled during the six-month period commencing on the
Participant’s separation from service shall be settled as soon as practicable following the conclusion of the six-month period (or following the Participant’s death if it occurs during such six-month period). To the extent that any Award constitutes deferred compensation subject to Code Section 409A, such Award shall be interpreted and construed to comply with Code Section 409A including,
without limitation, a termination of employment shall mean a “separation of service” within the meaning of Code Section 409A. 

Article 21. General Provisions 

21.1 Forfeiture and Recoupment Events. 

(a) In addition to the forfeiture events specified in paragraph (c) below, the Committee may specify in an Award Agreement that the
Participant’s rights, payments and benefits with respect to an Award shall be subject to reduction, cancellation, forfeiture or recoupment upon the occurrence of certain specified events, in addition to any otherwise applicable treatment of an
Award. 
 (b) Awards and any compensation directly attributable to Awards may be made subject to forfeiture, recovery by the Company or
other action pursuant to any compensation recovery policy adopted by the Board or the Committee at any time, including in response to the requirements of Section 10D of the Exchange Act and any implementing rules and regulations thereunder, or
as otherwise required by law and any Award Agreement may be unilaterally amended by the Committee to comply with any such compensation recovery policy. 

(c) If an Employee incurs an Involuntary Termination of Service on account of Cause, then such Employee shall forfeit, as of the date
immediately preceding such Termination of Service, the Employee’s (i) outstanding and unexercised Options and SARs, and (ii) outstanding and not yet settled Restricted Stock, RSUs, Performance Share Units, Performance Units,
Cash-Based Awards and Other Stock-Based Awards granted to the Employee. 
 21.2 Withholding. 

(a) Tax Withholding Generally. The Company shall have the power and the right to deduct or withhold, or require a Participant to remit
to the Company, an amount sufficient to satisfy applicable federal, state and local tax withholding requirements, domestic or foreign, with respect to any taxable event arising as a result of the grant, vesting, exercise or settlement of an Award to
the Participant under the Plan. 
 (b) Share Withholding. Unless otherwise required by the Committee, the Company may withhold, or
permit a Participant to elect to have withheld from a “Share Payment” the number of Shares having a Fair Market Value equal to the minimum statutory withholding requirements. Notwithstanding the immediately preceding sentence, the Company,
in its discretion, may withhold Shares or permit a Participant to elect to have withheld from a Share Payment, the number of Shares having a Fair Market Value up to, but not in excess of, the maximum statutory withholding requirements. The term
Share Payment shall mean the issuance or delivery of Shares upon the grant, vesting, exercise or settlement of an Award, as the case may be. 

  
 A-24 

 21.3 Right of Setoff. The Company or any Subsidiary or Affiliate may, to the
extent permitted by applicable law, deduct from and set off against any amounts the Company or a Subsidiary or Affiliate may owe to the Participant from time to time (including amounts payable in connection with any Award), such amounts owed by the
Participant to the Company, including amounts owed under Section (a); provided, however, that no such setoff shall be permitted if it would constitute a prohibited “acceleration” or “deferral” of a payment hereunder within the
meaning of Code Section 409A. Participant shall remain liable for any part of Participant’s payment obligation not satisfied through such deduction and setoff. By accepting any Award granted hereunder, Participant agrees to any deduction
or setoff under this Section 21.3. 
 21.4 Legend. The certificates for Shares may include any legend that the Committee
deems appropriate to reflect any restrictions on transfer of such Shares. 
 21.5 Gender and Number. Except where otherwise
indicated by the context, any masculine term used herein also shall include the feminine, the plural shall include the singular, and the singular shall include the plural. 

21.6 Severability. In the event any provision of the Plan shall be held illegal or invalid for any reason, the illegality or
invalidity shall not affect the remaining parts of the Plan, and the Plan shall be construed and enforced as if the illegal or invalid provision had not been included. 

21.7 Requirements of Law. The granting of Awards and the issuance of Shares under the Plan shall be subject to all applicable
laws, rules and regulations, and to such approvals by any governmental agencies or national securities exchanges as may be required. 

21.8 Delivery of Shares. The Company shall have no obligation to issue or deliver Shares under the Plan prior to: 

(a) Obtaining any approvals from governmental agencies that the Company determines are necessary or advisable; and 

(b) Completion of any registration or other qualification of the Shares under any applicable national or foreign law or ruling of any
governmental body that the Company determines to be necessary or advisable. 
 21.9 Inability to Obtain Authority. The
inability of the Company to obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder, shall relieve the Company of
any liability in respect of the failure to issue or deliver such Shares as to which such requisite authority shall not have been obtained. 

21.10 Investment Representations. The Committee may require any individual receiving Shares pursuant to an Award under the Plan
to represent and warrant in writing that the individual is acquiring the Shares for investment and without any present intention to sell or distribute such Shares. 

21.11 Employees Based Outside of the United States. Notwithstanding any provision of the Plan to the contrary, in order to
comply with the laws in other countries in which the Company or any Subsidiaries operate or have Employees or Directors, the Committee, in its sole discretion, shall have the power and authority to: 

(a) Determine which Subsidiaries shall be covered by the Plan; 

  
 A-25 

 (b) Determine which Employees or Directors outside the United States are eligible to
participate in the Plan; 
 (c) Modify the terms and conditions of any Award granted to Employees or Directors outside the United States to
comply with applicable foreign laws; 
 (d) Establish sub-plans and modify exercise procedures and
other terms and procedures, to the extent such actions may be necessary or advisable. Any sub-plans and modifications to Plan terms and procedures established under this Section 21.10 by the Committee
shall be attached to the Plan document as appendices; and 
 (e) Take any action, before or after an Award is made, that it deems advisable
to obtain approval or comply with any necessary local government regulatory exemptions or approvals. 
 (f) Notwithstanding the above, the
Committee may not take any actions hereunder, and no Awards shall be granted, that would violate applicable law. 
 21.12
Uncertificated Shares. To the extent that the Plan provides for issuance of certificates to reflect the transfer of Shares, the transfer of such Shares may be effected on a non-certificated basis, to
the extent not prohibited by applicable law or the rules of any stock exchange. 
 21.13 Unfunded Plan. Participants shall
have no right, title or interest whatsoever in or to any investments that the Company or any Subsidiaries may make to aid it in meeting its obligations under the Plan. Nothing contained in the Plan, and no action taken pursuant to its provisions,
shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Company and any Participant, beneficiary, legal representative or any other individual. To the extent that any individual acquires a right to receive
payments from the Company or any Subsidiary or any Affiliate under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Company or the Subsidiary or the Affiliate, as the case may be. All payments to be
made hereunder shall be paid from the general funds of the Company, or the Subsidiary or the Affiliate, as the case may be, and no special or separate fund shall be established, and no segregation of assets shall be made to assure payment of such
amounts except as expressly set forth in the Plan. 
 21.14 No Fractional Shares. No fractional Shares shall be issued or
delivered pursuant to the Plan or any Award. The Committee shall determine whether cash, Awards or other property shall be issued or paid in lieu of fractional Shares or whether such fractional Shares or any rights thereto shall be forfeited or
otherwise eliminated. 
 21.15 Non-Exclusivity of the Plan. The adoption of the Plan
shall not be construed as creating any limitations on the power of the Board or Committee to adopt such other compensation arrangements as it may deem desirable for any Participant. 

21.16 No Constraint on Corporate Action. Nothing in the Plan shall be construed to: (i) limit, impair, or otherwise affect
the Company’s or a Subsidiary’s or a Affiliate’s right or power to make adjustments, reclassifications, reorganizations or changes of its capital or business structure, or to merge or consolidate, or dissolve, liquidate, sell or
transfer all or any part of its business or assets; or, (ii) limit the right or power of the Company or a Subsidiary or an Affiliate to take any action that such entity deems to be necessary or appropriate. 

  
 A-26 

 21.17 Governing Law. The Plan and each Award Agreement shall be governed by
the laws of the State of Delaware excluding any conflicts or choice of law rule or principle that might otherwise refer construction or interpretation of the Plan to the substantive law of another jurisdiction and any litigation arising out of this
Plan shall be brought in the State of Ohio or the US District Court for the Northern District of Ohio. 
 21.18 Delivery and
Execution of Electronic Documents. To the extent permitted by applicable law, the Company may (i) deliver by email or other electronic means (including posting on a website maintained by the Company or by a third party under contract with
the Company) all documents relating to the Plan or any Award thereunder (including without limitation, prospectuses required by the Commission) and all other documents that the Company is required to deliver to its security holders (including
without limitation, annual reports and proxy statements) and (ii) permit Participants to electronically execute applicable Plan documents (including, but not limited to, Award Agreements) in a manner prescribed to the Committee. 

21.19 No Representations or Warranties Regarding Tax Effect. Notwithstanding any provision of the Plan to the contrary, neither
the Company, any Subsidiary, any Affiliate nor any of their employees, the Board, the Committee, any shareholder or any of their agents represent nor warrant the tax treatment under any federal, state, local or foreign laws and regulations
thereunder (individually and collectively referred to as the “Tax Laws”) of any Award granted or any amounts paid to any Participant under the Plan including, but not limited to, when and to what extent such Awards or amounts may be
subject to tax, penalties and interest under the Tax Laws. 
 21.20 Indemnification. Subject to requirements of the laws of
the State of Delaware, each individual who is or shall have been a member of the Board, or a Committee appointed by the Board, or an officer of the Company or other person to whom authority was delegated in accordance with Article 3, shall be
indemnified and held harmless by the Company against and from any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by him or her in connection with or resulting from any claim, action, suit or proceeding to which he
or she may be a party or in which he or she may be involved by reason of any action taken or failure to act under the Plan and against and from any and all amounts paid by him or her in settlement thereof, with the Company’s approval, or paid
by him or her in satisfaction of any judgment in any such action, suit, or proceeding against him or her, provided he or she shall give the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to
handle and defend it on his/her own behalf, unless such loss, cost, liability or expense is a result of his/her own willful misconduct or except as expressly provided by statute. The foregoing right of indemnification shall not be exclusive of any
other rights of indemnification to which such individuals may be entitled under the Company’s Articles of Incorporation or Bylaws, as a matter of law or otherwise, or any power that the Company may have to indemnify them or hold them harmless.

 21.21 Successors. All obligations of the Company under the Plan with respect to Awards granted hereunder shall be binding
on any successor to the Company, whether the existence of such successor is the result of a direct or indirect purchase, merger, consolidation, or otherwise, of all or substantially all of the business and/or assets of the Company. 

  
 A-27EX-10.1

 Exhibit 10.1 

Execution Version 

$400,000,000 
 Builders
FirstSource, Inc. 
 6.750% Senior Secured Notes due 2027 

Purchase Agreement 

May 22, 2019 
 Credit Suisse Securities (USA)
LLC 
 Eleven Madison Avenue 
 New York, New York 10010 

Ladies and Gentlemen: 
 Builders FirstSource,
Inc., a Delaware corporation (the “Issuer”), proposes to issue and sell to Credit Suisse Securities (USA) LLC (the “Initial Purchaser”), $400,000,000 principal amount of its 6.750% Senior Secured Notes due 2027 (the
“Securities”). 
 The Securities are to be issued pursuant to an indenture, to be dated the Closing Date (as defined below)
(the “Indenture”), to be entered into among the Issuer, the guarantors listed in Schedule 1 hereto (the “Guarantors”) and Wilmington Trust, National Association, as trustee (the “Trustee”) and as
collateral agent (the “Collateral Agent”), for which the obligations of the Issuer in respect of the Securities will be fully, irrevocably and unconditionally guaranteed (the “Guarantees”) on a senior secured basis,
jointly and severally, by (i) the Guarantors and (ii) any domestic subsidiary of the Issuer formed or acquired after the Closing Date that is required to execute a supplemental indenture to provide a Guarantee in accordance with the terms
of the Indenture, and their respective successors and assigns. This Agreement is to confirm the agreement concerning the purchase of the Securities from the Issuer by the Initial Purchaser. In addition, the Issuer, the Guarantors and the Collateral
Agent will enter into a collateral agreement, dated as of the Closing Date (the “Notes Collateral Agreement”). 
 The
Securities and the Guarantees will be secured by (i) a first-priority security interest (subject to Permitted Liens (as defined in the Time of Sale Information and the Offering Circular (each as defined below))) in substantially all of the
assets of the Issuer and the Guarantors other than the ABL Priority Collateral (as defined below) and other Excluded Assets (as defined in the Time of Sale Information and the Offering Circular) (the “Notes Collateral”) and
(ii) a second-priority security interest (subject to Permitted Liens) relative to the liens securing that certain asset-based facility (the “ABL Facility”) under the Amended and Restated Credit Agreement, dated as of
July 31, 2015 (as amended by Amendment No. 1, dated as of March 22, 2017, Amendment No. 2, dated as of April 24, 2019, and as further amended, modified and supplemented from time to time, the “ABL Credit
Agreement”), among, inter alios, the Issuer, as 

 
borrower, the lending institutions from time to time party thereto and SunTrust Bank, as administrative agent and collateral agent (the “ABL Agent”), in the assets of the Issuer
and the Guarantors (the “ABL Priority Collateral” and, together with the Notes Collateral, the “Collateral”) that secure the ABL Facility on a first-priority basis (including, subject to certain exceptions, accounts
receivable, inventory, certain other related assets and proceeds thereof), in each case, as more particularly described in the Time of Sale Information and the Offering Circular. The Securities will rank pari passu in right of payment with any
existing and future senior indebtedness of the Issuer and the Guarantors, including the Issuer’s 5.625% Senior Secured Notes Due 2024 (the “Existing Secured Notes”), the ABL Facility, that certain term loan facility (the
“Term Loan Facility” and, together with the ABL Facility, the “Senior Credit Facilities”) under the Second Amended and Restated Term Loan Credit Agreement, dated as of February 23, 2017 (as amended, modified
and supplemented from time to time, the “Term Loan Credit Agreement” and, together with the ABL Credit Agreement, the “Senior Credit Agreements”) among, the Issuer, as borrower, the lenders from time to time party
thereto and Deutsche Bank AG New York Branch, as administrative agent (the “Term Administrative Agent”). The rights of holders of the Securities to the Collateral will be documented by security agreements, pledge agreements, share
pledges, debentures and other instruments evidencing or creating or purporting to create a security interest in favor of the Collateral Agent as described in the Time of Sale Information and the Offering Circular (collectively, the “Security
Documents”), each in favor of the Collateral Agent for its benefit and the benefit of the Trustee and the holders of the Securities. 

The liens on the Collateral securing the Securities will be subject to (i) that certain ABL/Bond Intercreditor Agreement, dated as of
May 29, 2013, among, inter alios, the Issuer, the other grantors party thereto, the ABL Agent and the other parties thereto, as amended by that certain Lien Sharing and Priority Confirmation Joinder, dated as of July 31, 2015, among
the Issuer, the other grantors party thereto, the Term Administrative Agent, the ABL Agent and the other parties thereto, and as further amended by that certain Lien Sharing and Priority Confirmation Joinder, dated as of August 22, 2016 among
the Issuer, the other grantors party thereto, the Term Administrative Agent, the ABL Agent and the other parties thereto (the “Existing ABL/Bond Intercreditor Agreement” and, as amended by the Joinder to the Existing ABL/Bond
Intercreditor Agreement (as defined below), the “ABL/Bond Intercreditor Agreement”) and (ii) that certain Pari Passu Intercreditor Agreement, dated as of July 31, 2015, among the Issuer, the other grantors party thereto,
the Term Administrative Agent and the other parties thereto, as amended by that certain Additional Authorized Representative Agent Joinder Agreement No. 1, dated as of August 22, 2016, among the Issuer, the Term Administrative Agent and
the other parties thereto (the “Existing Pari Passu Intercreditor Agreement” and, as amended by the Joinder to the Existing Pari Passu Intercreditor Agreement (as defined below), the “Pari Passu Intercreditor
Agreement”; the Pari Passu Intercreditor Agreement and the ABL/Bond Intercreditor Agreement are collectively referred to as the “Intercreditor Agreements”). On the Closing Date, the Collateral Agent will enter into a Lien
Sharing and Priority Confirmation Joinder to the Existing ABL/Bond Intercreditor Agreement (the “Joinder to the Existing ABL/Bond Intercreditor Agreement”) and an Additional Authorized Representative Agent Joinder Agreement to the
Existing Pari Passu Intercreditor Agreement (the “Joinder to the Existing Pari Passu Intercreditor Agreement” and, together with the Joinder to the Existing ABL/Bond Intercreditor Agreement, the “Joinders”). Upon
execution of the Joinders and the execution and delivery of the Intercreditor Agreement Officer’s Certificates (as defined on Schedule 3 hereto), the liens on the Collateral securing the Securities and the Guarantees will be subject to the
Intercreditor Agreements. 

  
 2 

 For purposes of this Agreement, the term “Transactions” means (a) the
issuance and sale of the Securities; (b) the repayment of a portion of the Term Loan Facility as set forth in the Time of Sale Information and the Offering Circular (the “Refinancing”); and (c) the payment of all fees and
expenses related to any of the foregoing. For purposes of this Agreement, the term “Transaction Documents” means this Agreement, the Securities (including the Guarantees), the Indenture, the Intercreditor Agreements, the Joinders,
the Notes Collateral Agreement and the other Security Documents. 
 The Securities will be sold to the Initial Purchaser without being
registered under the Securities Act of 1933, as amended (the “Securities Act”), in reliance upon an exemption therefrom. The Issuer has prepared a preliminary offering circular dated May 21, 2019 (the “Preliminary
Offering Circular”) and will prepare a final offering circular dated the date hereof (the “Offering Circular”) setting forth information concerning the Issuer, the Guarantors, the Securities, the Guarantees, the Collateral
and the other Transaction Documents and Transactions. Copies of the Preliminary Offering Circular have been, and copies of the Offering Circular will be, delivered by the Issuer to the Initial Purchaser pursuant to the terms of this Agreement. The
Issuer hereby confirms that it has authorized the use of the Preliminary Offering Circular, the other Time of Sale Information and the Offering Circular in connection with the offering and resale of the Securities by the Initial Purchaser in the
manner contemplated by this Agreement. Capitalized terms used but not defined herein shall have the meanings given to such terms in the Preliminary Offering Circular. 

At the time when sales of the Securities were first made (the “Time of Sale”), or prior thereto, the Issuer had prepared the
following information (collectively, the “Time of Sale Information”): the Preliminary Offering Circular, as supplemented and amended by the written communications listed on Annex A hereto. 

All references herein to the terms “Time of Sale Information” and “Offering Circular” shall be deemed to mean and include
all information filed under the Exchange Act prior to the Time of Sale and incorporated by reference in the Time of Sale Information (including the Preliminary Offering Circular) or the Offering Circular (as the case may be), and all references
herein to the terms “amend,” “amendment” or “supplement” with respect to the Offering Circular shall be deemed to mean and include all information filed under the Exchange Act after the Time of Sale and incorporated by
reference in the Offering Circular. 
 The Issuer and the Guarantors hereby confirm their agreement with the Initial Purchaser concerning
the purchase and resale of the Securities, as follows: 
 1. Purchase and Resale of the Securities. 

(a) The Issuer agrees to issue and sell the Securities to the Initial Purchaser as provided in this Agreement, and the Initial Purchaser, on
the basis of the representations, warranties and agreements set forth herein and subject to the conditions set forth herein, agrees to purchase from the Issuer $400,000,000 principal amount of Securities at a price equal to 98.75% of the principal
amount thereof plus accrued interest, if any, from May 30, 2019 to the Closing Date (the “Purchase Price”). The Issuer will not be obligated to deliver any of the Securities except upon payment for all the Securities to be
purchased as provided herein. 

  
 3 

 (b) The Issuer understands that the Initial Purchaser intends to offer the Securities for
resale on the terms set forth in the Time of Sale Information. The Initial Purchaser represents, warrants and agrees that: 

(i) it is a qualified institutional buyer within the meaning of Rule 144A under the Securities Act (a “QIB”)
and an accredited investor within the meaning of Rule 501(a) of Regulation D under the Securities Act (“Regulation D”); 

(ii) it has not, directly or indirectly, solicited offers for, or offered or sold, and will not solicit offers for, or offer or
sell, the Securities by means of any form of general solicitation or general advertising within the meaning of Rule 502(c) of Regulation D or in any manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act;
and 
 (iii) it has not, directly or indirectly, solicited offers for, or offered or sold, and will not solicit offers for,
or offer or sell, the Securities as part of the initial offering except: 
  

	 	(A)	 within the United States to persons whom it reasonably believes to be QIBs in transactions pursuant to Rule
144A under the Securities Act (“Rule 144A”) and in connection with each such sale, it has taken or will take reasonable steps to ensure that the purchaser of the Securities is aware that such sale is being made in reliance on Rule
144A; 

  

	 	(B)	 to persons inside the United States that are accredited investors (as defined in Rule 501(a)(1),(2), (3), (7)
and (8) under the Securities Act); or 

  

	 	(C)	 in accordance with the restrictions set forth in Annex C hereto. 

(c) The Initial Purchaser acknowledges and agrees that the Issuer and, for purposes of the “no registration” opinions to be delivered
to the Initial Purchaser pursuant to Sections 6(f) and 6(g), counsel for the Issuer and counsel for the Initial Purchaser, respectively, may rely upon the accuracy of the representations and warranties of the Initial Purchaser, and compliance by the
Initial Purchaser with its agreements, contained in paragraph (b) above (including Annex C hereto), and the Initial Purchaser hereby consents to such reliance. 

(d) The Issuer acknowledges and agrees that the Initial Purchaser may offer and sell Securities to or through any affiliate of the Initial
Purchaser and that any such affiliate may offer and sell Securities purchased by it to or through the Initial Purchaser; provided that such offers and sales shall be made in accordance with the provisions of this Agreement (including Annex C
hereto). 

  
 4 

 (e) The Issuer and the Guarantors acknowledge and agree that the Initial Purchaser is acting
solely in the capacity of an arm’s length contractual counterparty to the Issuer and the Guarantors with respect to the offering of Securities contemplated hereby (including in connection with determining the terms of the offering) and not as a
financial advisor or a fiduciary to, or an agent of, the Issuer or the Guarantors or any other person in connection therewith. Additionally, the Initial Purchaser is not advising the Issuer or the Guarantors or any other person as to any legal, tax,
investment, accounting or regulatory matters in any jurisdiction. The Issuer and the Guarantors shall consult with their own advisors concerning such matters and shall be responsible for making their own independent investigation and appraisal of
the transactions contemplated hereby, and the Initial Purchaser shall not have any responsibility or liability to the Issuer or the Guarantors with respect thereto. Any review by the Initial Purchaser of the Issuer, the Guarantors and the
transactions contemplated hereby or other matters relating to such transactions will be performed solely for the benefit of the Initial Purchaser, and shall not be on behalf of the Issuer, the Guarantors or any other person. 

2. Payment and Delivery. 

(a) Payment for and delivery of the Securities will be made at the offices of Cahill Gordon & Reindel LLP at 10:00
A.M., New York City time, on May 30, 2019 or at such other time or place on the same or such other date, not later than the fifth business day thereafter, as the Initial Purchaser and the Issuer may agree upon in writing. The time and date of
such payment and delivery is referred to herein as the “Closing Date” and the time of Closing on the Closing Date is referred to herein as the “Closing.” 

(b) Payment for the Securities shall be made by payment of the Purchase Price to the account or accounts specified by the Issuer by wire
transfer in immediately available funds against delivery to the nominee of The Depository Trust Company (“DTC”), for the account of the Initial Purchaser, of one or more global notes representing the Securities (collectively, the
“Global Note”), with any transfer taxes payable in connection with the sale of the Securities duly paid by the Issuer. The Global Note will be made available for inspection by the Initial Purchaser not later than 1:00 P.M., New York
City time, on the business day prior to the Closing Date. 
 3. Representations and Warranties of the Issuer and the Guarantors. The
Issuer and the Guarantors hereby, jointly and severally, represent and warrant to the Initial Purchaser that, as of the Time of Sale and as of the Closing Date: 

(a) Preliminary Offering Circular, Time of Sale Information and Offering Circular. The Time of Sale Information, at the Time of Sale,
did not, and at the Closing Date, will not, and the Offering Circular, as of its date and as of the Closing Date, will not, contain any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements
therein, in the light of the circumstances under which they were made, not misleading; provided that the Issuer and the Guarantors make no representation or warranty with respect to any statements or omissions made in reliance upon and in
conformity with information relating to the Initial Purchaser furnished to the Issuer in writing by the Initial Purchaser expressly for use in the Time of Sale Information or the Offering Circular (it being understood and agreed that the only such
information consists of the information described as such in Section 7(b)). 

  
 5 

 (b) Additional Written Communications. The Issuer and the Guarantors (including their
respective agents and representatives, other than the Initial Purchaser in its capacity as such) have not prepared, made, used, authorized, approved or referred to and will not prepare, make, use, authorize, approve or refer to any written
communication that constitutes an offer to sell or solicitation of an offer to buy the Securities (each such communication by the Issuer and the Guarantors or their agents and representatives (other than a communication referred to in clauses (i),
(ii) and (iii) below) an “Issuer Written Communication”) other than (i) the Preliminary Offering Circular, (ii) the Offering Circular, (iii) the documents listed on Annex A hereto, including the term sheet
substantially in the form of Annex B hereto, which constitute part of the Time of Sale Information and (iv) any electronic road show or other written communications, in each case used in accordance with Section 4(c) hereof. Each such
Issuer Written Communication, when taken together with the Time of Sale Information at the Time of Sale, did not, and at the Closing Date will not, contain any untrue statement of a material fact or omit to state a material fact necessary in order
to make the statements therein, in the light of the circumstances under which they were made, not misleading; provided that the Issuer and the Guarantors make no representation or warranty with respect to any statements or omissions made in
each such Issuer Written Communication in reliance upon and in conformity with information relating to the Initial Purchaser furnished to the Issuer in writing by the Initial Purchaser expressly for use in any Issuer Written Communication (it being
understood and agreed that the only such information consists of the information described as such in Section 7(b)). No Issuer Written Communication contains any information that conflicts with the Time of Sale Information or the Offering
Circular. 
 (c) Financial Statements. The financial statements and the related notes thereto of the Issuer and its subsidiaries,
included or incorporated by reference in each of the Time of Sale Information and the Offering Circular present fairly in all material respects the financial position of the Issuer and its subsidiaries as of the dates indicated and the results of
their operations and the changes in their cash flows for the periods specified; such financial statements have been prepared in conformity with generally accepted accounting principles applied on a consistent basis throughout the periods covered
thereby; the other financial information included or incorporated by reference in each of the Time of Sale Information and the Offering Circular has been derived from the accounting records of the Issuer and its subsidiaries and presents fairly in
all material respects the information shown thereby. 
 (d) No Material Adverse Change. Since the date of the most recent financial
statements of the Issuer included or incorporated by reference in each of the Time of Sale Information and the Offering Circular, there has not been any Material Adverse Effect (as defined below) or any change or development that is reasonably
likely to result in any Material Adverse Effect, the Issuer and the Guarantors have not incurred or become subject to any material liabilities that have not been disclosed in the Time of Sale Information and the Offering Circular and no dividend or
distribution of any kind has been declared, paid or made by the Issuer, the Guarantors or their subsidiaries on any class of stock. 

  
 6 

 (e) Organization and Good Standing. Each of the Issuer and its subsidiaries
(A) has been duly incorporated or formed and is validly existing as a corporation or other entity in good standing under the laws of its jurisdiction of incorporation or formation, (B) has all requisite corporate or other power and
authority to carry on its business as it is currently being conducted and as described in the Time of Sale Information and the Offering Circular and to own, lease and operate its properties and (C) is duly qualified and is in good standing as a
foreign corporation or other entity authorized to do business in each jurisdiction in which the nature of its business or its ownership or leasing of property requires such qualification, except, in the case of each of clauses (B) and (C),
where the failure to be so qualified, in good standing or have such power of authority would not reasonably be expected to result, individually or in the aggregate, in a material adverse effect on the business, results of operations or condition
(financial or otherwise) of the Issuer or any of its subsidiaries, taken as a whole, or materially and adversely affect the ability of the Issuer and the Guarantors to perform their obligations under the Transaction Documents (a “Material
Adverse Effect”). The only material subsidiaries the Issuer owns or controls, directly or indirectly, are listed in Schedule 2 to this Agreement. 

(f) Capitalization. All of the outstanding shares of capital stock of each subsidiary of the Issuer are owned, directly or indirectly,
by the Issuer free and clear of any security interest, claim, lien, limitation on voting rights or encumbrance (collectively, “Liens”) (other than pursuant to the Senior Credit Agreements (as described in each of the Time of Sale
Information and the Offering Circular), the Indenture (as described in each of the Time of Sale Information and the Offering Circular), the Security Documents and pursuant to the indenture and the security documents governing the Existing Secured
Notes); and all such securities have been duly authorized, validly issued and are fully paid and nonassessable and were not issued in violation of any preemptive or similar rights. 

The Issuer has the capitalization as set forth in each of the Time of Sale Information and the Offering Circular under the heading
“Capitalization.” 
 (g) Due Authorization. The Issuer and the Guarantors have all requisite corporate or other power and
authority to execute, deliver and perform their obligations under the Transaction Documents, in each case to the extent a party thereto, including granting the Liens and security interests to be granted by it pursuant to the Indenture and the
Security Documents, and to perform their respective obligations hereunder and thereunder and all action required to be taken for the due and proper authorization, execution and delivery of each of the Transaction Documents and the consummation of
the transactions contemplated thereby has been, or will be by the Closing, duly and validly taken. 
 (h) The Indenture. The Indenture
will, as of the Closing Date, be duly authorized by the Issuer and the Guarantors and, assuming the due authorization, execution and delivery thereof by the Trustee, when executed and delivered by the Issuer and the Guarantors, will be the valid and
binding agreement of the Issuer and the Guarantors, enforceable against each of them in accordance with its terms, subject to applicable bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and similar laws affecting the rights
of creditors generally and subject to general principles of equity (regardless of whether enforceability is considered in a proceeding in equity or at law) (collectively, the “Enforceability Exceptions”). 

  
 7 

 (i) The Securities and the Guarantees. (i) The Securities will, as of the
Closing Date, be duly authorized by the Issuer and, when duly executed, authenticated, issued and delivered as provided in the Indenture and paid for as provided herein (assuming the due execution, authentication and delivery of the Indenture and
the Securities by the Trustee in accordance with the terms of the Indenture), will be validly issued and delivered and will constitute valid and legally binding obligations of the Issuer enforceable against the Issuer in accordance with their terms,
subject to the Enforceability Exceptions, and will be entitled to the benefits of the Indenture; and (ii) the Guarantees will, as of the Closing Date, be duly authorized by the Guarantors and, when the Indenture is duly executed and delivered
by the Guarantors in accordance with its terms and upon execution, authentication and delivery of the Securities in accordance with the Indenture (assuming due execution, authentication and delivery of the Indenture and the Securities by the Trustee
in accordance with the terms of the Indenture) and the issuance of the Securities in connection with the sale of the Securities to the Initial Purchaser pursuant to this Agreement, will be validly issued and will constitute legally binding
instruments of the Guarantors and will be entitled to the benefits provided by the Indenture. 
 (j) Purchase Agreement. This
Agreement has been duly and validly authorized, executed and delivered by the Issuer and the Guarantors. 
 (k) Descriptions of the
Transaction Documents; Collateral. Each Transaction Document conforms in all material respects to the description thereof contained in each of the Time of Sale Information and the Offering Circular (to the extent described therein). The
Collateral conforms in all material respects to the description thereof contained in each of the Time of Sale Information and the Offering Circular. 

(l) No Violation or Default. Neither the Issuer nor any of its subsidiaries is (i) in violation of its charter or by-laws or similar organizational documents; (ii) in default, and no event has occurred that, with notice or lapse of time or both, would constitute such a default, in the due performance or observance of any
term, covenant or condition contained in any indenture, mortgage, deed of trust, loan agreement or other agreement or instrument to which the Issuer or any of its subsidiaries is a party or by which the Issuer or any of its subsidiaries is bound or
to which any property or asset of the Issuer or any of its subsidiaries is subject; or (iii) in violation of any law or statute or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority,
except, in the case of clauses (ii) and (iii) above, for any such default or violation that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(m) No Conflicts. The execution, delivery and performance by the Issuer and each of the Guarantors of each of the Transaction Documents
to which each is a party (including, but not limited to, the filing of any applicable financing statements or intellectual property filings pursuant to the Security Documents), the issuance and sale of the Securities and the issuance of the
Guarantees, the grant and perfection of liens and security interests in the Collateral pursuant to the Security Documents and compliance by the Issuer and each of the Guarantors with the terms thereof and the consummation of the transactions
contemplated by the Transaction Documents will not (i) conflict with or result in a breach or violation of any of the terms or provisions of, or constitute a default under, or result in the creation or imposition of any lien, charge or
encumbrance upon any property or asset of the Issuer or any of its subsidiaries pursuant to, any indenture, mortgage, 

  
 8 

 
deed of trust, loan agreement or other agreement or instrument to which the Issuer or any of its subsidiaries is a party or by which the Issuer or any of its subsidiaries is bound or to which any
property or asset of the Issuer or any of its subsidiaries is subject (other than any lien or encumbrance created or imposed pursuant to the indenture and the security documents governing the Existing Secured Notes, the Indenture, the Security
Documents and the Senior Credit Agreements), (ii) result in any violation of the provisions of the charter or by-laws or similar organizational documents of the Issuer or any of its subsidiaries or
(iii) result in the violation of any applicable law or statute or any judgment, order, rule or regulation of any court or arbitrator or governmental or regulatory authority, except, in the case of clauses (i) and (iii) above, for any such
conflict, breach, violation, default, lien, charge or encumbrance that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(n) No Consents Required. No consent, approval, authorization, order, registration or qualification of or with any court or arbitrator
or governmental or regulatory authority is required for the execution, delivery and performance by the Issuer and each of the Guarantors of each of the Transaction Documents to which each is a party (including, but not limited to, the filing of any
applicable financing statements or intellectual property filings pursuant to the Security Documents), the issuance and sale of the Securities and the issuance of the Guarantees, the grant and perfection of liens and security interests in the
Collateral pursuant to the Security Documents and compliance by the Issuer and each of the Guarantors with the terms thereof and the consummation of the transactions contemplated by the Transaction Documents, except for such consents, approvals,
authorizations, orders and registrations or qualifications as may be required under applicable state securities laws in connection with the purchase and resale of the Securities by the Initial Purchaser, except where the failure to obtain such
authorization, approval, consent, order, registration, qualification or license or to make any such filing would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect on the consummation of the transactions
contemplated by, or the fulfilment of the terms of, the Transaction Documents. 
 (o) Legal Proceedings. There are no legal,
governmental or regulatory investigations, actions, suits or proceedings pending or, to the knowledge of the Issuer, threatened or contemplated, to which the Issuer or any of its subsidiaries is or may be a party or to which any property of the
Issuer or any of its subsidiaries is or may be subject that, individually or in the aggregate, if determined adversely to the Issuer or any of its subsidiaries, would reasonably be expected to have a Material Adverse Effect. 

(p) Independent Accountants. PricewaterhouseCoopers LLP, who have certified certain financial statements of the Issuer and its
subsidiaries, are independent public accountants with respect to the Issuer and its subsidiaries, within the applicable rules and regulations adopted by the U.S. Securities and Exchange Commission (the “Commission”) and the Public
Company Accounting Oversight Board (United States) and as required by the Securities Act. 
 (q) Title to Property. Each of the
Issuer, the Guarantors and their respective subsidiaries have good and marketable title in fee simple to, or have valid leasehold interests in or have valid rights to lease or otherwise use, all items of real and personal property that are material
to the respective businesses of the Issuer, the Guarantors and their respective subsidiaries, in each case free and clear of all liens, encumbrances, claims and defects and 

  
 9 

 
imperfections of title except those that (i) do not materially interfere with the use made and proposed to be made of such property by the Issuer, the Guarantors and their respective
subsidiaries, (ii) would not reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect, (iii) are created pursuant to the documentation governing the Existing Secured Notes and Senior Credit Agreements or
(iv) are created pursuant to the Transaction Documents. 
 (r) Intellectual Property. Each of the Issuer, the Guarantors and
their respective subsidiaries owns, possesses or has the right to employ all patents, patent rights, licenses, inventions, copyrights, know-how (including trade secrets and other unpatented and/or unpatentable
proprietary or confidential information, software, systems or procedures), trademarks, service marks and trade names, computer programs, technical data and information (collectively, the “Intellectual Property”) necessary to conduct
the business now operated by them except where the failure to own or possess such intellectual property rights would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The use of the Intellectual
Property in connection with the business and operations of the Issuer, the Guarantors and their respective subsidiaries does not infringe on the rights of any person, except such infringements as would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect. 
 (s) No Undisclosed Relationships. No relationship, direct or indirect,
exists between or among the Issuer, the Guarantors or their respective subsidiaries and direct and indirect parent companies and other affiliates, on the one hand, and the directors, officers, stockholders, customers or suppliers of the Issuer, the
Guarantors or their respective subsidiaries, on the other hand, that would be required by the Securities Act to be described in a registration statement on to be filed with the Commission relating to the offering of the Securities and that is not so
described in each of the Time of Sale Information and the Offering Circular. 
 (t) Investment Company Act. Neither the Issuer nor any
of the Guarantors is, and at Closing after giving effect to the offering and sale of the Securities and the application of the proceeds thereof as described in each of the Time of Sale Information and the Offering Circular, none of the Issuer or the
Guarantors will be, an “investment company” or an entity “controlled” by an “investment company” within the meaning of the Investment Company Act of 1940, as amended, and the rules and regulations of the Commission
thereunder. 
 (u) Taxes. All federal, state and foreign income and franchise tax returns required to be filed by the Issuer, the
Guarantors or their respective subsidiaries in all jurisdictions have been so filed through the date hereof, subject to permitted extensions, except where the failure to make such filings would not, individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect. All taxes, including withholding taxes, penalties and interest, assessments, fees and other charges due or claimed to be due from such entities or that are due and payable have been paid, other than those
being contested in good faith or those currently payable without penalty or interest and except where the failure to make such required filings or payments would not, individually or in the aggregate, reasonably be expected to result in a Material
Adverse Effect. 

  
 10 

 (v) Licenses and Permits. Each of the Issuer, the Guarantors and their respective
subsidiaries has such permits, licenses, sub-licenses, certificates, franchises and authorizations of governmental or regulatory authorities (“permits”), as are necessary to lease and operate
its respective properties and to conduct its businesses as described in the Time of Sale Information and the Offering Circular, except where the failure to have such permits would not, individually or in the aggregate, reasonably be expected to have
a Material Adverse Effect; and have not received any notice of proceedings relating to the revocation or modification of any permits that, if determined adversely, would, individually or in the aggregate, reasonably be expected to have a Material
Adverse Effect. 
 (w) Absence of Labor Dispute. No labor dispute with the employees of the Issuer or any of its subsidiaries exists
or, to the knowledge of the Issuer or the Guarantors, is imminent or threatened that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Neither the Issuer nor any of its subsidiaries has received any
notice of cancellation or termination with respect to any collective bargaining agreement to which it is a party that would, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. Neither the Issuer nor any of
its subsidiaries has received any notice of cancellation or termination with respect to any collective bargaining agreement to which it is a party. 

(x) Compliance with Environmental Laws. None of the Issuer, the Guarantors or any of their respective subsidiaries (i) is party to
any proceedings that are pending or, to the knowledge of the Issuer, the Guarantors or any of their respective Subsidiaries, threatened, under any foreign, federal, state or local law, rule, regulation, requirement, decision or order relating to the
protection of human health or safety, the environment, natural resources, hazardous or toxic substances or wastes, pollutants or contaminants (collectively, “Environmental Laws”) in which a governmental authority is also a party,
other than such proceedings that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, (ii) has failed to comply with any Environmental Law or to obtain, maintain or comply with any permits,
licenses, certificates or other authorizations or approvals required under applicable Environmental Laws to conduct its respective business, other than such failure to comply, or failure to obtain, maintain and comply with required permits,
licenses, certificates or other authorizations or approvals that would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and (iii) is aware of any other proceedings, claims or any other issues
regarding compliance with, or liabilities or obligations under, Environmental Laws, or concerning hazardous or toxic substances or wastes, pollutants or contaminants, other than such proceedings, claims or issues that would not, individually or in
the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (y) Compliance with ERISA. (i) Each employee benefit
plan, within the meaning of Section 3(3) of the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), for which the Issuer has any liability, direct or indirect, contingent or otherwise, including any liability
on account of any member of their respective “Controlled Group” (defined as any organization which is a member of a controlled group of corporations within the meaning of Section 414 of the Internal Revenue Code of 1986, as
amended (the “Code”)) (each, a “Plan”) has been maintained in compliance with its terms and the requirements of any applicable statutes, orders, rules and regulations, including but not limited to ERISA and the
Code; (ii) no prohibited transaction, within the meaning of Section 406 of ERISA or Section 4975 of the Code, has occurred with respect to any Plan excluding transactions effected pursuant to a statutory or administrative exemption;
(iii) for each Plan that is subject to the funding rules of 

  
 11 

 
Section 412 of the Code or Section 302 of ERISA, no Plan has failed (whether or not waived), or is reasonably expected to fail, to satisfy the minimum funding standards (within the
meaning of Section 302 of ERISA or Section 412 of the Code) applicable to such Plan; (iv) no Plan is, or is reasonably expected to be, in “at risk status” (within the meaning of Section 303(i) of ERISA) or
“endangered status” or “critical status” (within the meaning of Section 305 of ERISA); (v) except as otherwise disclosed in the Time of Sale Information and the Offering Circular, the fair market value of the assets of each
Plan exceeds the present value of all benefits accrued under such Plan (determined based on those assumptions used to fund such Plan); (vi) no “reportable event” (within the meaning of Section 4043(c) of ERISA) has occurred or is
reasonably expected to occur; (vii) each Plan that is intended to be qualified under Section 401(a) of the Code is so qualified and, to the knowledge of the Issuer and the Guarantors, nothing has occurred, whether by action or by failure
to act, which would reasonably be expected to cause the loss of such qualification; and (viii) neither the Issuer nor any member of its Controlled Group has incurred, nor reasonably expects to incur, any liability under Title IV of ERISA (other
than contributions to the Plan or premiums to the Pension Benefit Guaranty Corporation, in the ordinary course and without default) in respect of a Plan (including a “multiemployer plan,” within the meaning of Section 4001(a)(3) of
ERISA), except, in each case with respect to the events or conditions set forth in (i) through (viii) hereof, as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Issuer is not
(i) an employee benefit plan subject to Title I of ERISA, (ii) a plan or account subject to Section 4975 of the Code or (iii) an entity deemed to hold “plan assets” of any such employee benefit plan, plan or account.

 (z) Disclosure Controls. The Issuer and its subsidiaries maintain an effective system of “disclosure controls and
procedures” (as defined in Rule 13a-15(e) of the Exchange Act) that is designed to ensure that information required to be disclosed by the Issuer in reports that it files or submits under the Exchange Act
is recorded, processed, summarized and reported within the time periods specified in the Commission’s rules and forms, including controls and procedures designed to ensure that such information is accumulated and communicated to the
Issuer’s management as appropriate to allow timely decisions regarding required disclosure. The Issuer and its subsidiaries have carried out evaluations of the effectiveness of their disclosure controls and procedures as required by Rule 13a-15 of the Exchange Act. 
 (aa) Accounting Controls – Issuer and its Subsidiaries. The
Issuer and its subsidiaries maintain systems of “internal controls over financial reporting” (as defined in Rule 13a-15(f) of the Exchange Act) that comply with the requirements of the Exchange Act
and have been designed by, or under the supervision of, their respective principal executive and principal financial officers, or persons performing similar functions, to provide reasonable assurance regarding the reliability of financial reporting
and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. The Issuer and its subsidiaries maintain internal accounting controls sufficient to provide reasonable assurance that:
(i) transactions are executed in accordance with management’s general or specific authorizations; (ii) transactions are recorded as necessary to permit preparation of financial statements in conformity with generally accepted
accounting principles and to maintain asset accountability; (iii) access to assets is permitted only in accordance with management’s general or specific authorization; and (iv) the recorded accountability for assets is compared with
the existing assets at reasonable intervals and appropriate action is taken with respect to any differences. There are no material weaknesses or significant deficiencies in the Issuer’s or its subsidiaries’ internal controls. The internal
controls over financial reporting are, or upon consummation of the offering of the Securities will be, overseen by the Audit Committee of the Issuer’s Board of Directors in accordance with rules of the NASDAQ Stock Exchange. 

  
 12 

 (bb) Insurance. The Issuer and its subsidiaries have insurance covering their
respective properties, operations, personnel and businesses, insuring against such losses and risks as are consistent with industry practice, except where failure to maintain such insurance would not reasonably be expected to have a Material Adverse
Effect. 
 (cc) No Unlawful Payments. None of the Issuer or any of its subsidiaries or, to the knowledge of the Issuer and each of the
Guarantors, any director, officer, agent, affiliate or other person acting on behalf of the Issuer or any of its subsidiaries has: (i) used any corporate funds for any unlawful contribution, gift, entertainment or other unlawful expense
relating to political activity; (ii) made or taken an act in furtherance of an offer, promise or authorization of any direct or indirect unlawful payment or benefit to any foreign or domestic government official or employee (including any
government-owned or controlled entity or of a public international organization) or any person acting in an official capacity for or on behalf of any of the foregoing, or any political party or party official or candidate for political office;
(iii) violated or is in violation of any provision of the Foreign Corrupt Practices Act of 1977, as amended (“FCPA”), or any other applicable anti-bribery or anti-corruption law; or (iv) made, offered, agreed, requested or
taken an act in furtherance of any unlawful bribe or other unlawful benefit, including, without limitation, any rebate, payoff, influence payment, kickback or other unlawful payment or benefit. The Issuer and its subsidiaries have instituted,
maintain and enforce policies and procedures designed to promote and ensure compliance with all applicable anti-bribery and anti-corruption laws. No part of the proceeds of the offering will be used, directly or indirectly, in violation of the FCPA
or similar law of any other relevant jurisdiction, or the rules or regulations thereunder. 
 (dd) Compliance with Money Laundering
Laws. The operations of the Issuer and its subsidiaries are and have been conducted in compliance with applicable financial recordkeeping and reporting requirements, including those of the Currency and Foreign Transactions Reporting Act of 1970,
as amended, the applicable money laundering statutes of all jurisdictions where the Issuer or any of its subsidiaries conducts business, the rules and regulations thereunder and any related or similar rules, regulations or guidelines, issued,
administered or enforced by any applicable governmental agency (collectively, the “Anti-Money Laundering Laws”), and no action, suit or proceeding by or before any court or governmental agency, authority or body or any arbitrator
involving the Issuer or any of its subsidiaries with respect to the Anti-Money Laundering Laws is pending or, to the knowledge of the Issuer or any of the Guarantors, threatened. 

(ee) No Conflicts with Sanctions Laws. None of the Issuer or any of its subsidiaries, nor, to the knowledge of the Issuer or any of the
Guarantors, any director, officer, employee, agent, affiliate or other person acting on behalf of the Issuer or any of its subsidiaries is currently the subject or the target of, or is controlled or 50% or more owned by or is acting on behalf of an
individual or entity that is currently the subject of, any sanctions administered or enforced by the U.S. government (including, without limitation, the Office of Foreign Assets Control of the U.S. Department of the Treasury
(“OFAC”) or the U.S. Department of State and including, without limitation, the designation as a “specially designated national” or “blocked person”) or other relevant sanctions authority (collectively,
“Sanctions”), nor is the Issuer or any of its subsidiaries 

  
 13 

 
located, organized or resident in a country or territory that is the subject or target of Sanctions, including, without limitation, Cuba, Iran, North Korea, Syria and Crimea (each, a
“Sanctioned Country”); and the Issuer will not use, directly or indirectly, the proceeds of the offering of the Securities hereunder, or lend, contribute or otherwise make available, directly or indirectly, such proceeds to any
subsidiary, joint venture partner or other person or entity (i) to fund or facilitate any activities of or conduct business with any person that, at the time of such funding or facilitation is the subject of Sanctions, (ii) to fund,
facilitate, or conduct any activities of or business in any Sanctioned Country or (iii) in any other manner that will result in a violation by any person (including any person participating in the transaction, whether as initial purchaser,
advisor, investor or otherwise) of Sanctions. For the past five years, the Issuer and its subsidiaries have not knowingly engaged in and are not now knowingly engaged in any dealings or transactions with any person that at the time of the dealing or
transaction is or was the subject or the target of Sanctions or with any Sanctioned Country. 
 (ff) Solvency. On the Closing Date and
immediately after the Closing, the Issuer and its subsidiaries on a consolidated basis (after giving effect to the issuance and sale of the Securities, the issuance of the Guarantees, the Refinancing and the other Transactions as described in each
of the Time of Sale Information and the Offering Circular) will be Solvent. As used in this paragraph, the term “Solvent” means, with respect to a particular date, that on such date (i) the fair value and present fair saleable
value of the assets of the Issuer and its subsidiaries taken as a whole on a going concern basis will exceed the sum of their stated liabilities and identified contingent liabilities taken as a whole; and (ii) the Issuer and its subsidiaries on
a consolidated basis will not be (a) left with unreasonably small capital with which to carry on their respective businesses as they are proposed to be conducted, (b) unable to pay their debts (contingent or otherwise) as they will mature
or (c) otherwise insolvent. 
 (gg) No Restrictions on Subsidiaries. No subsidiary of the Issuer is currently, and after the
Closing, no subsidiary of the Issuer will be, prohibited, directly or indirectly, under any agreement or other instrument to which it is, as of the Closing Date, a party or will be subject, from paying any dividends to the Issuer from making any
other distribution on such subsidiary’s capital stock or similar ownership interest, from repaying to the Issuer any loans or advances to such subsidiary from the Issuer or from transferring any of such subsidiary’s properties or assets to
the Issuer or any of its subsidiaries, as applicable, except for any such restrictions (a) contained in (i) the Senior Credit Agreements and (ii) the documentation for the Existing Secured Notes or (b) that will be permitted by
the Indenture, the indenture governing the Existing Secured Notes or the Senior Credit Agreements. 
 (hh) No Finder’s Fee.
Except pursuant to the Transaction Documents, there are no contracts, agreements or understandings among the Issuer, the Guarantors and any other person that would give rise to a valid claim against the Issuer, the Guarantors and their
respective subsidiaries or the Initial Purchaser for a brokerage commission, finder’s fee or like payment in connection with the issuance, purchase and sale of the Securities. 

(ii) Rule 144A Eligibility. On the Closing Date, the Securities will not be of the same class (within the meaning of Rule 144A under the
Securities Act) as any securities of the Issuer or the Guarantors that are listed on a national securities exchange registered under Section 6 of the Exchange Act or quoted in an automated inter-dealer quotation system; and each of the

  
 14 

 
Preliminary Offering Circular and the Offering Circular, as of its respective date, contains or will contain all the information that, if requested by a prospective purchaser of the Securities,
would be required to be provided to such prospective purchaser pursuant to Rule 144A(d)(4) under the Securities Act. 
 (jj) No
Integration. Neither the Issuer nor any of its affiliates (as defined in Rule 501(b) of Regulation D) has, directly or through any agent, sold, offered for sale, solicited offers to buy or otherwise negotiated in respect of, any security (as
defined in the Securities Act), that is or will be integrated with the sale of the Securities in a manner that would require registration of the Securities under the Securities Act. 

(kk) No General Solicitation or Directed Selling Efforts. None of the Issuer or any of its affiliates or any other person acting on its
or their behalf (other than the Initial Purchaser, as to which no representation is made) has (i) solicited offers for, or offered or sold, the Securities by means of any form of general solicitation or general advertising within the meaning of
Rule 502(c) of Regulation D or in any manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act or (ii) engaged in any directed selling efforts within the meaning of Regulation S under the Securities
Act (“Regulation S”), and all such persons have complied with the offering restrictions requirement of Regulation S. 
 (ll)
Securities Law Exemptions. Assuming the accuracy of the representations and warranties of the Initial Purchaser contained in Section 1(b) (including Annex C hereto) and its compliance with its agreements set forth therein, it is not
necessary, in connection with the issuance and sale of the Securities to the Initial Purchaser and the offer, resale and delivery of the Securities by the Initial Purchaser in the manner contemplated by this Agreement, the Time of Sale Information
and the Offering Circular, to register the Securities under the Securities Act or to qualify the Indenture under the Trust Indenture Act. 

(mm) No Stabilization. Neither the Issuer nor any of the Guarantors has taken, directly or indirectly, any action designed to, or that
would reasonably be expected to, cause or result in any stabilization or manipulation of the price of the Securities. 
 (nn) Margin
Rules. Neither the issuance, sale and delivery of the Securities nor the application of the proceeds thereof by the Issuer as described in each of the Time of Sale Information and the Offering Circular will violate Regulation T, U or X of the
Board of Governors of the Federal Reserve System or any other regulation of such Board of Governors. 
 (oo) Forward-Looking
Statements. No forward-looking statement (within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act) included in any of the Time of Sale Information or the Offering Circular has been made or reaffirmed
without a reasonable basis or has been disclosed other than in good faith. 
 (pp) Industry Statistical and Market Data. The
statistical, industry and market-related data included in the Time of Sale Information and the Offering Circular are based on or derived from management estimates and third-party sources, and the Issuer and the Guarantors believe such estimates and
sources are reasonable, reliable and accurate in all material respects. 

  
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 (qq) Sarbanes-Oxley Act. To the extent applicable, there is and has been no failure
on the part of the Issuer or any of its directors or officers, in their capacities as such, to comply with any provision of the Sarbanes-Oxley Act of 2002, as amended, and the rules and regulations promulgated in connection therewith, including
Section 402 related to loans and Sections 302 and 906 related to certifications. 
 (rr) Incorporated Documents. The documents
incorporated by reference in each of the Time of Sale Information and the Offering Circular, when they were filed with the Commission, conformed or will conform, as the case may be, in all material respects to the requirements of the Exchange Act,
and the rules and regulations of the Commission thereunder, and did not and will not contain any untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary in order to make the statements therein,
in the light of the circumstances under which they were made, not misleading. 
 (ss) Security Documents. Each of the Security
Documents will, as of the Closing Date, be duly and validly authorized by the Issuer and each of the Guarantors party thereto and, when executed and delivered by each of the other parties thereto, will be the legal, valid and binding agreement of
the Issuer and each of the Guarantors party thereto, enforceable against each of them in accordance with their terms and entitled to the benefits of the Indenture, subject to the Enforceability Exceptions. 

(tt) Joinders. Each of the Joinders and the Intercreditor Agreements will, as of the Closing Date, be duly and validly authorized by the
Issuer and each of the Guarantors party thereto and, when executed and delivered by the Issuer and each of the other parties thereto, will be the legal, valid and binding agreement of the Issuer and each of the Guarantors party thereto, enforceable
against each of them in accordance with their terms, subject to the Enforceability Exceptions.  
 (uu) Creation and
Enforceability of Security Interests. The Security Documents will represent all of the collateral agreements, security agreements, guarantee agreements, pledge agreements and other similar agreements necessary to grant a legal, valid and
enforceable security interest, in favor of the Collateral Agent for the benefit of the Trustee and the holders of the Securities, in each grantor’s right, title and interest in the Collateral, subject to the Enforceability Exceptions. 

(vv) Perfection of Security Interests. When all filings and other actions necessary or desirable to perfect and protect the
first-priority security interest in the Notes Collateral and the second-priority security interest in the ABL Priority Collateral to be created under the Security Documents that are required under the Security Documents have been duly made or taken
and are in full force and effect, together with the execution and delivery of the Security Documents by the Issuer and each Guarantor party thereto, the security interests granted thereby will constitute valid, perfected first-priority liens and
security interests in the Notes Collateral and valid, perfected second-priority liens and security interests in the ABL Priority Collateral, for the benefit of the Collateral Agent, the Trustee and the holders of the Securities, enforceable in
accordance with the terms contained therein, to the extent such security interests can be perfected by such filing or other action, subject only to the encumbrances expressly permitted in the Security Documents or Indenture (including those liens
expressly permitted to be incurred or exist on the Collateral pursuant to the Indenture, the Security Documents, the Existing Secured Notes and the Senior Credit Agreements) (such encumbrances and exceptions, the “Permitted
Exceptions”), and to the Enforceability Exceptions. 

  
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 4. Further Agreements of the Issuer and the Guarantors. The Issuer and each of the
Guarantors, jointly and severally, covenant and agree, with the Initial Purchaser that: 
 (a) Delivery of Copies. The Issuer will
deliver, without charge, to the Initial Purchaser as many copies of the Preliminary Offering Circular, any other Time of Sale Information, any Issuer Written Communication and the Offering Circular (including all amendments and supplements thereto)
as the Initial Purchaser may reasonably request. 
 (b) Offering Circular, Amendments or Supplements. Before finalizing the Offering
Circular or making or distributing any amendment or supplement to any of the Time of Sale Information or the Offering Circular, the Issuer will furnish to the Initial Purchaser and counsel for the Initial Purchaser a copy of the proposed Offering
Circular or such amendment or supplement for review, and will not distribute any such proposed Offering Circular, amendment or supplement to which the Initial Purchaser reasonably objects in a timely manner. 

(c) Additional Written Communications. Before using, authorizing, approving or referring to any Issuer Written Communication (other than
those listed on Annex A), the Issuer and the Guarantors will furnish to the Initial Purchaser and counsel for the Initial Purchaser a copy of such written communication for review and will not use, authorize, approve or refer to any such written
communication to which the Initial Purchaser reasonably objects. 
 (d) Notice to the Initial Purchaser. The Issuer will advise the
Initial Purchaser promptly, and confirm such advice in writing, (i) of the issuance by any governmental or regulatory authority of any order preventing or suspending the use of any of the Time of Sale Information, any Issuer Written
Communication or the Offering Circular or the initiation or threatening of any proceeding for that purpose; (ii) of the occurrence of any event at any time prior to the completion of the initial offering of the Securities as a result of which
any of the Time of Sale Information, any Issuer Written Communication or the Offering Circular as then amended or supplemented would include any untrue statement of a material fact or omit to state a material fact necessary in order to make the
statements therein, in the light of the circumstances existing when such Time of Sale Information, Issuer Written Communication or the Offering Circular is delivered to a purchaser, not misleading; and (iii) of the receipt by the Issuer of any
notice with respect to any suspension of the qualification of the Securities for offer and sale in any jurisdiction or the initiation or threatening of any proceeding for such purpose; and the Issuer will use its reasonable best efforts to prevent
the issuance of any such order preventing or suspending the use of any of the Time of Sale Information, any Issuer Written Communication or the Offering Circular or suspending any such qualification of the Securities and, if any such order is
issued, will use its reasonable best efforts to obtain as soon as possible the withdrawal thereof. 

  
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 (e) Time of Sale Information. If at any time prior to the Closing Date (i) any
event shall occur or condition shall exist as a result of which any of the Time of Sale Information as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make
the statements therein, in the light of the circumstances under which they were made, not misleading or (ii) it is necessary to amend or supplement the Time of Sale Information to comply with law, the Issuer will promptly notify the Initial
Purchaser thereof and forthwith prepare and, subject to paragraph (b) above, furnish to the Initial Purchaser such amendments or supplements to the Time of Sale Information as may be necessary so that the statements in any of the Time of Sale
Information as so amended or supplemented will not, in light of the circumstances under which they were made, be misleading or so that any of the Time of Sale Information will comply with law. 

(f) Ongoing Compliance of the Offering Circular. If at any time prior to the completion of the initial offering of the Securities
(i) any event shall occur or condition shall exist as a result of which the Offering Circular as then amended or supplemented would include any untrue statement of a material fact or omit to state any material fact necessary in order to make
the statements therein, in the light of the circumstances existing when the Offering Circular is delivered to a purchaser, not misleading or (ii) it is necessary to amend or supplement the Offering Circular to comply with law, the Issuer will
promptly notify the Initial Purchaser thereof and forthwith prepare and, subject to paragraph (b) above, furnish to the Initial Purchaser such amendments or supplements to the Offering Circular as may be necessary so that the statements in the
Offering Circular as so amended or supplemented will not, in the light of the circumstances existing when the Offering Circular is delivered to a purchaser, be misleading or so that the Offering Circular will comply with law. 

(g) Blue Sky Compliance. The Issuer will qualify the Securities for offer and sale under the securities or Blue Sky laws of such
jurisdictions in the United States or Canada as the Initial Purchaser shall reasonably request and will continue such qualifications in effect so long as required for the offering and resale of the Securities; provided that neither the Issuer
nor any of the Guarantors shall be required to (i) qualify as a foreign corporation or other entity or as a dealer in securities in any such jurisdiction where it would not otherwise be required to so qualify, (ii) file any general consent
to service of process in any such jurisdiction or (iii) subject itself to taxation in any such jurisdiction if it is not otherwise so subject. 

(h) Clear Market. During the period from the date hereof through and including the date that is 60 days after the date hereof, the
Issuer and each of the Guarantors will not, without the prior written consent of the Initial Purchaser, offer, sell, contract to sell or otherwise dispose of any debt securities issued or guaranteed by the Issuer or any of the Guarantors and having
a tenor of more than one year. 
 (i) Use of Proceeds. The Issuer will apply the net proceeds from the sale of the Securities as
described in each of the Time of Sale Information and the Offering Circular under the heading “Use of proceeds.” 
 (j)
Supplying Information. While the Securities remain outstanding and are “restricted securities” within the meaning of Rule 144(a)(3) under the Securities Act, the Issuer and each of the Guarantors will, during any period in which the
Issuer is not subject to and in compliance with Section 13 or 15(d) of the Exchange Act, furnish to holders of the Securities and prospective purchasers of the Securities designated by such holders, upon the request of such holders or such
prospective purchasers, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act. 

  
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 (k) DTC. The Issuer will assist the Initial Purchaser in arranging for the Securities
to be eligible for clearance and settlement through DTC. 
 (l) No Resales by the Issuer. Until the first anniversary of the Closing
Date, the Issuer will not, and will not permit any of its controlled affiliates (as defined in Rule 144 under the Securities Act) to, resell any of the Securities that have been acquired by any of them, except for Securities purchased by the Issuer
or any of its affiliates and resold in a transaction registered under the Securities Act. 
 (m) No Integration. Neither the Issuer
nor any of its affiliates (as defined in Rule 501(b) of Regulation D) will, directly or through any agent, sell, offer for sale, solicit offers to buy or otherwise negotiate in respect of, any security (as defined in the Securities Act), that is or
will be integrated with the sale of the Securities in a manner that would require registration of the Securities under the Securities Act. 

(n) No General Solicitation or Directed Selling Efforts. Neither the Issuer nor any of its affiliates or any other person acting on its
or their behalf (other than the Initial Purchaser, as to which no covenant is given) will (i) solicit offers for, or offer or sell, the Securities by means of any form of general solicitation or general advertising within the meaning of Rule
502(c) of Regulation D or in any manner involving a public offering within the meaning of Section 4(a)(2) of the Securities Act or (ii) engage in any directed selling efforts within the meaning of Regulation S, and all such persons will
comply with the offering restrictions requirement of Regulation S. 
 (o) No Stabilization. Neither the Issuer nor any of the
Guarantors will take, directly or indirectly, any action designed to or that could reasonably be expected to cause or result in any stabilization or manipulation of the price of the Securities. 

5. Certain Agreements of the Initial Purchaser. The Initial Purchaser hereby represents and agrees that it has not and will not use,
authorize the use of, refer to, or participate in the planning for use of, any written communication that constitutes an offer to sell or the solicitation of an offer to buy the Securities other than (i) the Preliminary Offering Circular and
the Offering Circular, (ii) any written communication that contains either (a) no “issuer information” (as defined in Rule 433(h)(2) under the Securities Act) or (b) “issuer information” that was included in the Time of
Sale Information or the Offering Circular, (iii) any written communication listed on Annex A or prepared by the Issuer pursuant to Section 4(c) (including any electronic road show) above, (iv) any written communication prepared by the
Initial Purchaser and approved by the Issuer in advance in writing or (v) any written communication that contains the terms of the Securities and/or other information that was included in the Time of Sale Information or the Offering Circular.

  
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 6. Conditions of Initial Purchaser’s Obligations. The obligation of the Initial
Purchaser to purchase Securities on the Closing Date as provided herein is subject to the performance by the Issuer and each of the Guarantors of their respective covenants and other obligations hereunder and to the following additional conditions:

 (a) Representations and Warranties. The representations and warranties of the Issuer and the Guarantors contained herein shall be
true and correct on the date hereof and on and as of the Closing Date (except, in each case, to the extent that such representations and warranties relate to an earlier date, such representations and warranties shall be true and correct as of such
date); and the statements of the Issuer, the Guarantors and their respective officers made in any certificates delivered pursuant to this Agreement shall be true and correct on and as of the Closing Date. 

(b) No Downgrade. Subsequent to the earlier of (A) the Time of Sale and (B) the execution and delivery of this Agreement,
(i) no downgrading shall have occurred in the rating accorded the Securities or any other debt securities or preferred stock issued or guaranteed by the Issuer or any of its subsidiaries by any “nationally recognized statistical rating
organization,” as such term is defined under Section 3(a)(62) under the Exchange Act, and (ii) no such organization shall have publicly announced that it has under surveillance or review, or has changed its outlook with respect to,
its rating of the Securities or of any other debt securities or preferred stock issued or guaranteed by the Issuer or any of its subsidiaries (other than an announcement with positive implications of a possible upgrading). 

(c) No Material Adverse Change. No event or condition described in Section 3(d) hereof shall have occurred or shall exist, which
event or condition is not described in each of the Time of Sale Information (excluding any amendment or supplement thereto) and the Offering Circular (excluding any amendment or supplement thereto) the effect of which in the judgment of the Initial
Purchaser make it impracticable or inadvisable to proceed with the offering, sale or delivery of the Securities on the terms and in the manner contemplated by this Agreement, the Time of Sale Information and the Offering Circular. 

(d) Officer’s Certificate. The Initial Purchaser shall have received on and as of the Closing Date a certificate of an executive
officer of the Issuer and each of the Guarantors who has specific knowledge of the Issuer’s or the Guarantors’ matters and is reasonably satisfactory to the Initial Purchaser (i) confirming that such officer has carefully reviewed the
Time of Sale Information and the Offering Circular and the representations set forth in Sections 3(a) and 3(b) hereof are true and correct, (ii) confirming that the other representations and warranties of the Issuer and the Guarantors in this
Agreement are true and correct and that the Issuer and the Guarantors have complied in all material respects with all agreements and satisfied all conditions on their part to be performed or satisfied hereunder at or prior to the Closing Date and
(iii) to the effect set forth in paragraphs (b) and (c) above. 
 (e) Comfort Letters. On the date of this Agreement and on
the Closing Date, PricewaterhouseCoopers LLP shall have furnished to the Initial Purchaser, at the request of the Issuer, a letter with respect to the Issuer and its subsidiaries, dated the date of delivery thereof and addressed to the Initial
Purchaser, in form and substance reasonably satisfactory to the Initial Purchaser, containing statements and information of the type customarily included in accountants’ “comfort letters” to initial purchasers with respect to the
financial statements and certain financial information contained or incorporated by reference in each of the Time of Sale Information and the Offering Circular; provided that the letters delivered on the Closing Date shall use a “cut-off” date no more than three business days prior to the Closing Date. 

  
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 (f) Opinions and 10b-5 Statement of Counsel for
the Issuer. (i) Kirkland & Ellis LLP, counsel for the Issuer, shall have furnished to the Initial Purchaser, at the request of the Issuer, their written opinion and 10b-5 statement, dated the
Closing Date and addressed to the Initial Purchaser, in form reasonably acceptable to the Initial Purchaser and its counsel and (ii) Stoel Rives LLP, external Alaska counsel for the Issuer, shall have furnished to the Initial Purchaser, at the
request of the Issuer, its written opinion, dated the Closing Date and addressed to the Initial Purchaser, in form and substance reasonably acceptable to the Initial Purchaser and its counsel. 

(g) Opinion and 10b-5 Statement of Counsel for the Initial Purchaser. The Initial Purchaser
shall have received on and as of the Closing Date an opinion and 10b-5 statement, addressed to the Initial Purchaser, of Cahill Gordon & Reindel LLP, counsel for the Initial Purchaser,
with respect to such matters as the Initial Purchaser may reasonably request, and such counsel shall have received such documents and information as they may reasonably request to enable them to pass upon such matters. 

(h) No Legal Impediment to Issuance. No action shall have been taken and no statute, rule, regulation or order shall have been enacted,
adopted or issued by any federal, state or foreign governmental or regulatory authority that would, as of the Closing Date, prevent the issuance or sale of the Securities or the issuance of the Guarantees; and no injunction or order of any federal,
state or foreign court shall have been issued that would, as of the Closing Date, prevent the issuance or sale of the Securities or the issuance of the Guarantees. 

(i) Good Standing. The Initial Purchaser shall have received on and as of the Closing Date satisfactory evidence of the good standing of
the Issuer and the Guarantors in their respective jurisdictions of organization. 
 (j) DTC. The Securities shall be eligible for
clearance and settlement through DTC. 
 (k) Indenture and Securities. The Indenture shall have been duly executed and delivered by a
duly authorized officer of each of the Issuer, the Guarantors, the Trustee and the Collateral Agent, and the Securities shall have been duly executed and delivered by a duly authorized officer of the Issuer and duly authenticated by the Trustee.

 (l) Refinancing. The Initial Purchaser shall have received evidence reasonably satisfactory to it that, substantially concurrently
with the Closing Date, a portion of the proceeds from the sale of the Securities will be used in connection with the repayment of a portion of the Term Loan Facility as set forth in the Time of Sale Information and the Offering Circular. 

(m) Transactions. Concurrently with or prior to the Closing Date, each of the other Transactions, shall have been consummated in a
manner consistent in all material respects with the descriptions thereof in the Time of Sale Information and the Offering Circular. 

  
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 (n) Security Documents. To the extent required to be delivered on the Closing Date
under the applicable Security Documents, the Initial Purchaser shall have received executed copies of the Security Documents and the Joinders, duly executed and/or acknowledged, as applicable, and delivered by the Issuer and the Guarantors, as
applicable, and the other parties thereto, in each case in form and substance reasonably satisfactory to the Initial Purchaser. The Initial Purchaser shall have received the items listed on Schedule 3 hereto. 

All opinions, letters, certificates and evidence mentioned above or elsewhere in this Agreement shall be deemed to be in compliance with the
provisions hereof only if they are in form and substance reasonably satisfactory to counsel for the Initial Purchaser. 
 7.
Indemnification and Contribution. 
 (a) Indemnification of the Initial Purchaser. The Issuer and each of the Guarantors
jointly and severally agree to indemnify and hold harmless the Initial Purchaser, its affiliates, directors, officers and employees and each person, if any, who controls the Initial Purchaser within the meaning of Section 15 of the Securities
Act or Section 20 of the Exchange Act (each, an “Indemnified Party”), from and against any and all losses, claims, damages and liabilities (including, without limitation, reasonable legal fees and other expenses incurred in
connection with investigating, preparing for or defending against any loss, damage, liability, litigation, investigation, suit, action or proceeding or any claim asserted (whether or not such Indemnified Party is a party thereto) whether threatened
or commenced and in connection with the enforcement of this provision with respect to any of the above, as such fees and expenses are incurred), joint or several, that arise out of, or are based upon, any untrue statement or alleged untrue statement
of any material fact contained in the Time of Sale Information, any Issuer Written Communication or the Offering Circular (or any amendment or supplement thereto) or any omission or alleged omission to state therein a material fact necessary in
order to make the statements therein, in the light of the circumstances under which they were made, not misleading, in each case except insofar as such losses, claims, damages or liabilities arise out of or are based upon, any untrue statement or
omission or alleged untrue statement or omission made in reliance upon and in conformity with any information relating to the Initial Purchaser furnished to the Issuer in writing by the Initial Purchaser expressly for use therein, it being
understood and agreed that the only such information consists of the information described as such in subsection (b) below. 
 (b)
Indemnification of the Issuer and the Guarantors. The Initial Purchaser agrees to indemnify and hold harmless the Issuer and each of the Guarantors, their respective directors and officers and each person, if any, who controls the Issuer or
any such Guarantor within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act to the same extent as the indemnity set forth in paragraph (a) above (each such person, an “Initial Purchaser
Indemnified Party”), but in each case only with respect to any losses, claims, damages or liabilities to which such Initial Purchaser Indemnified Party may become subject, under the Securities Act, the Exchange Act, other Federal or state
statutory law or regulation or otherwise, insofar as such losses, claims, damages or liabilities (or actions in respect thereof) arise out of or are based upon any untrue statement or alleged untrue statement of any material fact contained in the
Time of Sale Information or the Offering Circular, in each case as amended or supplemented, or any Issuer Written Communication or arise out of or are based upon the omission or the alleged omission of a material fact necessary in order to make the
statements therein, in the light of the circumstances under which they were made, not misleading, in each case to the extent, but 

  
 22 

 
only to the extent, that such untrue statement or alleged untrue statement or omission or alleged omission was made in reliance upon and in conformity with written information furnished to the
Issuer by the Initial Purchaser specifically for use therein, and will reimburse any legal or other expenses reasonably incurred by such Initial Purchaser Indemnified Party in connection with investigating, preparing or defending against any such
loss, claim, damage, liability, action, litigation, investigation or proceeding whatsoever (whether or not such Initial Purchaser Indemnified Party is a party thereto) whether threatened or commenced based upon any such untrue statement or omission,
or any such alleged untrue statement or omission as such expenses are incurred, it being understood and agreed that the only such information furnished by the Initial Purchaser consists of the following information in the Preliminary Offering
Circular and the Offering Circular: the fourth and fifth sentences of the seventh paragraph, the eighth paragraph and the ninth paragraph, in each case found under the heading “Plan of Distribution.” 

(c) Notice and Procedures. Promptly after receipt by an indemnified party under this Section of notice of the commencement of any
action, such indemnified party (the “Indemnified Person”) will, if a claim in respect thereof is to be made against the indemnifying party (the “Indemnifying Person”) under subsection (a) or (b) above, notify
the Indemnifying Person of the commencement thereof; but the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have under subsection (a) or (b) above, except to the extent that it has been materially
prejudiced (through the forfeiture of substantive rights or defenses) by such failure; and provided further that the failure to notify the Indemnifying Person shall not relieve it from any liability that it may have to an Indemnifying Person
otherwise than under subsection (a) or (b) above. In any such proceeding, any Indemnified Person shall have the right to retain its own counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified Person
unless: (i) the Indemnifying Person and the Indemnified Person shall have mutually agreed to the contrary; (ii) the Indemnifying Person has failed within a reasonable time to retain counsel reasonably satisfactory to the Indemnified
Person; (iii) the Indemnified Person shall have reasonably concluded, based on the advice of counsel, that there may be legal defenses available to it that are materially different from or in addition to those available to the Indemnifying
Person; or (iv) the named parties in any such proceeding (including any impleaded parties) include both the Indemnifying Person and the Indemnified Person and representation of both parties by the same counsel would be inappropriate due to
actual or potential materially differing interests between them. It is understood and agreed that the Indemnifying Person shall not, in connection with any proceeding or related proceeding in the same jurisdiction, be liable for the reasonable fees
and expenses of more than one separate firm (in addition to any local counsel) for all Indemnified Persons, and that all such reasonable fees and expenses shall be reimbursed as they are incurred. Any such separate firm for the Initial Purchaser,
its affiliates, directors and officers and any control persons of the Initial Purchaser shall be designated in writing by the Initial Purchaser and any such separate firm for the Issuer and the Guarantors and their respective directors and officers
and any control persons of the Issuer and the Guarantors shall be designated in writing by the Issuer. The Indemnifying Person shall not be liable for any settlement of any proceeding effected without its written consent, but if settled with such
consent or if there be a final judgment for the plaintiff, the Indemnifying Person agrees to indemnify each Indemnified Person from and against any loss or liability by reason of such settlement or judgment. Notwithstanding the foregoing sentence,
if at any time an Indemnified Person shall have requested that an Indemnifying Person reimburse the Indemnified Person for fees and expenses of counsel as contemplated by this paragraph, the Indemnifying Person agrees that it

  
 23 

 
shall be liable for any settlement of any proceeding effected without its written consent if (i) such settlement is entered into more than 45 days after receipt by such Indemnifying Person
of the aforesaid request; (ii) such Indemnifying Person shall have received notice of the terms of such settlement at least 30 days prior to such settlement being entered into and (iii) such Indemnifying Person shall not have reimbursed
the Indemnified Person in accordance with such request prior to the date of such settlement. No Indemnifying Person shall, without the prior written consent of the Indemnified Person, which consent, in respect of clause (i) below, will not be
unreasonably withheld, effect any settlement of any pending or threatened action in respect of which any Indemnified Person is or could have been a party and indemnification could have been sought hereunder by such Indemnified Person unless such
settlement includes (i) an unconditional release of such Indemnified Person in form and substance reasonably satisfactory to such Indemnified Person, from all liability on any claims that are the subject matter of such action and (ii) does
not include a statement as to or an admission of fault, culpability or failure to act by or on behalf of any Indemnified Person. 
 (d)
Contribution. If the indemnification provided for in paragraph (a) or (b) above is unavailable to an Indemnified Person or insufficient in respect of any losses, claims, damages or liabilities referred to therein, then each Indemnifying
Person under such paragraph, 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 (i) in such proportion
as is appropriate to reflect the relative benefits received by the Issuer and the Guarantors on the one hand and the Initial Purchaser on the other from the offering of the Securities or (ii) if the allocation provided by clause (i) is not
permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (i) but also the relative fault of the Issuer and the Guarantors on the one hand and the Initial Purchaser on the
other in connection with the statements or omissions that resulted in such losses, claims, damages or liabilities, as well as any other relevant equitable considerations. The relative benefits received by the Issuer and the Guarantors on the one
hand and the Initial Purchaser on the other shall be deemed to be in the same respective proportions as the net proceeds (before deducting expenses) received by the Issuer from the sale of the Securities and the total discounts and commissions
received by the Initial Purchaser in connection therewith, as provided in this Agreement, bear to the aggregate offering price of the Securities. The relative fault of the Issuer and the Guarantors on the one hand and the Initial Purchaser on the
other shall be determined by reference to, among other things, whether the untrue or alleged untrue statement of a material fact or the omission or alleged omission to state a material fact relates to information supplied by the Issuer or any
Guarantor or by the Initial Purchaser and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 

(e) Limitation on Liability. The Issuer and the Guarantors and the Initial Purchaser agree that it would not be just and equitable if
contribution pursuant to this Section 7 were determined by pro rata allocation or by any other method of allocation that does not take account of the equitable considerations referred to in paragraph (d) above. The amount
paid or payable by an Indemnified Person as a result of the losses, claims, damages and liabilities referred to in paragraph (d) above shall be deemed to include, subject to the limitations set forth above, any legal or other expenses
reasonably incurred by such Indemnified Person in connection with any such action or claim. Notwithstanding the provisions of this Section 7, in no event shall the 

  
 24 

 
Initial Purchaser be required to contribute any amount in excess of the amount by which the total discounts and commissions received by the Initial Purchaser with respect to the offering of the
Securities exceeds the amount of any damages that the Initial Purchaser has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within
the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. 

(f) Non-Exclusive Remedies. The remedies provided for in this Section 7 are
not exclusive and shall not limit any rights or remedies that may otherwise be available to any Indemnified Person at law or in equity. 
 8.
Termination. This Agreement may be terminated in the absolute discretion of the Initial Purchaser, by notice to the Issuer, if after the execution and delivery of this Agreement and on or prior to the Closing Date: (i) trading generally
shall have been suspended or materially limited on the New York Stock Exchange or the over-the-counter market; (ii) trading of any securities issued or guaranteed
by the Issuer or any of the Guarantors shall have been suspended on any exchange or in any over-the-counter market; (iii) a general moratorium on commercial banking
activities shall have been declared by federal or New York State authorities; or (iv) there shall have occurred any outbreak or escalation of hostilities or any change in financial markets or any calamity or crisis, either within or outside the
United States, that, in the reasonable judgment of the Initial Purchaser, is material and adverse and makes it impracticable or inadvisable to proceed with the offering, sale or delivery of the Securities on the terms and in the manner contemplated
by this Agreement, the Time of Sale Information and the Offering Circular. 
 9. Payment of Expenses. 

(a) Whether or not the transactions contemplated by this Agreement are consummated or this Agreement is terminated, the Issuer and the
Guarantors jointly and severally agree to pay or cause to be paid all costs and expenses incident to the performance of their respective obligations hereunder, including without limitation, (i) the costs incident to the authorization, issuance,
sale, preparation and delivery of the Securities and any documentary, stamp or similar taxes payable in that connection; (ii) the costs incident to the preparation and printing of the Preliminary Offering Circular, any other Time of Sale
Information, any Issuer Written Communication and the Offering Circular (including any amendment or supplement thereto) and the distribution thereof; (iii) the costs of reproducing and distributing each of the Transaction Documents;
(iv) the fees and expenses of the Issuer’s and the Guarantors’ counsel and independent accountants; (v) the fees and expenses incurred in connection with the registration or qualification and determination of eligibility for
investment of the Securities under the laws of such jurisdictions as the Initial Purchaser may designate and the preparation, printing and distribution of a Blue Sky Memorandum (including the related fees and expenses of counsel for the Initial
Purchaser); (vi) any fees charged by rating agencies for rating the Securities; (vii) the fees and expenses of the Trustee, the Collateral Agent and any paying agent (including related fees and reasonable expenses of any counsel to such
parties); (viii) all expenses and application fees incurred in connection with the approval of the Securities for book-entry transfer by DTC; (ix) all expenses associated with the creation and perfection of security interests, including,
without limitation, the drafting and negotiation of the Security Documents, the Joinders and any other documents, 

  
 25 

 
supplements, joinders, mortgages, deeds of trust and other security documents and the creation, preparation and filing of UCC financing statements, including filing fees and fees incurred in
connection with lien searches, and the reasonable and documented fees and expenses of legal counsel to the Initial Purchaser incurred in connection with any of the foregoing; and (x) all expenses incurred by the Issuer in connection with any
“road show” presentation to potential investors (it being understood that the Initial Purchaser shall bear half of the costs associated with any chartered aircraft). It is understood, however, that except as provided in this Section 9
and Section 7 hereof, the Initial Purchaser will pay all of its own costs and expenses, including the fees of its counsel, transfer taxes on resale of any of the Securities by them, and any advertising expenses connected with any offers they
may make. 
 (b) If (i) this Agreement is terminated pursuant to Section 8, (ii) the Issuer for any reason fails to tender the
Securities for delivery to the Initial Purchaser or (iii) the Initial Purchaser declines to purchase the Securities for any reason permitted under this Agreement, the Issuer and each of the Guarantors jointly and severally agree to reimburse
the Initial Purchaser for all out-of-pocket costs and expenses (including the reasonable fees and expenses of its counsel) reasonably incurred by the Initial Purchaser
in connection with this Agreement and the offering contemplated hereby. 
 10. Persons Entitled to Benefit of Agreement. This
Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective successors and the officers and directors and any controlling persons referred to herein, and the affiliates of the Initial Purchaser referred to in
Section 7 hereof. Nothing in this Agreement is intended or shall be construed to give any other person any legal or equitable right, remedy or claim under or in respect of this Agreement or any provision contained herein. No purchaser of
Securities from the Initial Purchaser shall be deemed to be a successor merely by reason of such purchase. 
 11. Survival. The
respective indemnities, rights of contribution, representations, warranties and agreements of the Issuer, the Guarantors and the Initial Purchaser contained in this Agreement or made by or on behalf of the Issuer, the Guarantors or the Initial
Purchaser pursuant to this Agreement or any certificate delivered pursuant hereto shall survive the delivery of and payment for the Securities and shall remain in full force and effect, regardless of any termination of this Agreement or any
investigation made by or on behalf of the Issuer, the Guarantors or the Initial Purchaser. 
 12. Certain Defined Terms. For purposes
of this Agreement, (a) except where otherwise expressly provided, the term “affiliate” has the meaning set forth in Rule 405 under the Securities Act; (b) the term “business day” means any day other than a
day on which banks are permitted or required to be closed in New York City; (c) the term “subsidiary” has the meaning set forth in Rule 405 under the Securities Act; (d) the term “Exchange Act” means the
Securities Exchange Act of 1934, as amended, including the rules and regulations of the Commission promulgated thereunder; and (e) the term “written communication” has the meaning set forth in Rule 405 under the Securities Act.

  
 26 

 13. Recognition of the U.S. Special Resolution Regimes. 

(a) In the event that the Initial Purchaser is a Covered Entity and becomes subject to a proceeding under a U.S. Special Resolution Regime, the
transfer from the Initial Purchaser of this Agreement, and any interest and obligation in or under this Agreement, will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if this Agreement,
and any such interest and obligation, were governed by the laws of the United States or a state of the United States. 
 (b) In the event
that the Initial Purchaser is a Covered Entity or a BHC Act Affiliate of the Initial Purchaser becomes subject to a proceeding under a U.S. Special Resolution Regime, Default Rights under this Agreement that may be exercised against the Initial
Purchaser are permitted to be exercised to no greater extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if this Agreement were governed by the laws of the United States or a state of the United States. 

“BHC Act Affiliate” has the meaning assigned to the term “affiliate” in, and shall be interpreted in accordance
with, 12 U.S.C. § 1841(k). 
 “Covered Entity” means any of the following: 

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

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

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

“Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with, 12 C.F.R. §§
252.81, 47.2 or 382.1, as applicable. 
 “U.S. Special Resolution Regime” means each of (i) the Federal Deposit
Insurance Act and the regulations promulgated thereunder and (ii) Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the regulations promulgated thereunder. 

14. Compliance with USA Patriot Act. In accordance with the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)), the Initial Purchaser is required to obtain, verify and record information that identifies its clients, including the Issuer, which information may include the name
and address of its clients, as well as other information that will allow the Initial Purchaser to properly identify its clients. 

  
 27 

 15. Miscellaneous. 

(a) Notices. All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if mailed or
transmitted and confirmed by any standard form of telecommunication. Notices to the Initial Purchaser shall be given to: 
 c/o Credit Suisse
Securities (USA) LLC 
 Eleven Madison Avenue 

New York, New York 10010 

Telecopy No.: 212-325-4296 

Attention: IBCM-Legal 
 with a
copy to 
 Cahill Gordon & Reindel LLP 

80 Pine Street 
 New York, New
York 10005 
 Fax: 212-378-2521 

Attention: Brian Kelleher, Esq. 

Notices to the Issuer and the Guarantors shall be given to them at: 

Builders FirstSource, Inc. 
 2001
Bryan Street, Suite 1600 
 Dallas, Texas 75201 

Telecopy No.: (214) 231-7544 

Attention: Donald F. McAleenan, Esq. 

with a copy to 

Kirkland & Ellis LLP 

601 Lexington Avenue 
 New York,
New York 10022 
 Fax: 212-446-4900 

Attention: Joshua N. Korff and David A. Curtiss 

(b) Governing Law. This Agreement and any claim, controversy or dispute arising under or related to this Agreement shall be governed by
and construed in accordance with the laws of the State of New York. 
 (c) Submission to Jurisdiction. The Issuer and each of the
Guarantors hereby submit to the exclusive jurisdiction of the U.S. federal and New York state courts in the Borough of Manhattan in The City of New York in any suit or proceeding arising out of or relating to this Agreement or the transactions
contemplated hereby. The Issuer and each of the Guarantors waive any objection which it may now or hereafter have to the laying of venue of any such suit or proceeding in such courts. The Issuer and each of the Guarantors agrees that final judgment
in any such suit, action or proceeding brought in such court shall be conclusive and binding upon the Issuer and each Guarantor, as applicable, and may be enforced in any court to the jurisdiction of which the Issuer and each Guarantor, as
applicable, is subject by a suit upon such judgment. 
 (d) Waiver of Jury Trial. Each of the parties hereto hereby waives any right
to trial by jury in any suit or proceeding arising out of or relating to this Agreement. 

  
 28 

 (e) Counterparts. This Agreement may be signed in counterparts (which may include
counterparts delivered by any standard form of telecommunication), each of which shall be an original and all of which together shall constitute one and the same instrument. 

(f) Amendments or Waivers. No amendment or waiver of any provision of this Agreement, nor any consent or approval to any departure
therefrom, shall in any event be effective unless the same shall be in writing and signed by the parties hereto. 
 (g) Headings. The
headings herein are included for convenience of reference only and are not intended to be part of, or to affect the meaning or interpretation of, this Agreement. 

  
 29 

 If the foregoing is in accordance with your understanding, please indicate your acceptance
of this Agreement by signing in the space provided below. 
  

			
	Very truly yours,
	
	Builders FirstSource, Inc.
		
	By:	 	/s/ Donald F. McAleenan
	Name:	 	Donald F. McAleenan
	Title:	 	Senior Vice President, General Counsel and Secretary
	
	GUARANTORS
	
	BFS IP, LLC
	BFS Texas, LLC
	BFS, LLC
	Builders FirstSource - Atlantic Group, LLC
	Builders FirstSource - Colorado Group, LLC
	Builders FirstSource - Dallas, LLC
	Builders FirstSource - Florida Design Center, LLC
	Builders FirstSource - Florida, LLC
	Builders FirstSource - MBS, LLC
	Builders FirstSource - Northeast Group, LLC
	Builders FirstSource - Ohio Valley, LLC
	Builders FirstSource - Raleigh, LLC
	Builders FirstSource - Southeast Group, LLC
	Builders FirstSource - Texas GenPar, LLC
	Builders FirstSource Holdings, LLC
	Builders FirstSource-Colorado, LLC
	ProBuild Holdings LLC
	ProBuild Company LLC
	Pro-Build Real Estate Holdings, LLC
	Builder’s Capital, LLC
	ProBuild North Transportation LLC
	Timber Roots, LLC
	Spenard Builders Supply LLC
		
	By:	 	/s/ Donald F. McAleenan
	Name:	 	Donald F. McAleenan
	Title:	 	Senior Vice President, General Counsel and Secretary

 [Signature Page to Purchase Agreement] 

 
			
	Builders FirstSource - Intellectual Property, L.P.
		
	By:	 	BFS IP, LLC
	Its:	 	General Partner
		
	By:	 	/s/ Donald F. McAleenan
	Name:	 	Donald F. McAleenan
	Title:	 	Senior Vice President, General Counsel and Secretary
	
	Builders FirstSource - Texas Group, L.P.
		
	By:	 	Builders FirstSource - Texas GenPar, LLC
	Its:	 	General Partner
		
	By:	 	/s/ Donald F. McAleenan
	Name:	 	Donald F. McAleenan
	Title:	 	Senior Vice President, General Counsel and Secretary
	
	Builders FirstSource - South Texas, L.P.
	Builders FirstSource - Texas Installed Sales, L.P.
		
	By:	 	BFS Texas, LLC
	Its:	 	General Partner
		
	By:	 	/s/ Donald F. McAleenan
	Name:	 	Donald F. McAleenan
	Title:	 	Senior Vice President, General Counsel and Secretary

 [Signature Page to Purchase Agreement] 

 Accepted as of the date first written above: 

CREDIT SUISSE SECURITIES (USA) LLC 
  

			
	By:	 	/s/ Joseph Palombini
		 	Name: Joseph Palombini
		 	Title:   Managing Director

 [Signature Page to Purchase Agreement] 

 Schedule 1 

Guarantors 
  

	 	1.	 Builders FirstSource Holdings, LLC, a Delaware limited liability company 

 

	 	2.	 Builders FirstSource - Northeast Group, LLC, a Delaware limited liability company 

 

	 	3.	 Builders FirstSource - Texas GenPar, LLC, a Delaware limited liability company 

 

	 	4.	 Builders FirstSource - MBS, LLC, a Delaware limited liability company 

 

	 	5.	 BFS Texas, LLC a Delaware limited liability company 

 

	 	6.	 BFS IP, LLC a Delaware limited liability company 

 

	 	7.	 Builders FirstSource - Dallas, LLC, a Delaware limited liability company 

 

	 	8.	 Builders FirstSource - Florida, LLC, a Delaware limited liability company 

 

	 	9.	 Builders FirstSource - Florida Design Center, LLC, a Delaware limited liability company 

 

	 	10.	 Builders FirstSource - Ohio Valley, LLC, a Delaware limited liability company 

 

	 	11.	 BFS, LLC, a Delaware limited liability company 

 

	 	12.	 Builders FirstSource - Atlantic Group, LLC, a Delaware limited liability company 

 

	 	13.	 Builders FirstSource - Southeast Group, LLC, a Delaware limited liability company 

 

	 	14.	 Builders FirstSource - Raleigh, LLC, a Delaware limited liability company 

 

	 	15.	 Builders FirstSource - Colorado Group, LLC, a Delaware limited liability company 

 

	 	16.	 Builders FirstSource - Colorado , LLC, a Delaware limited liability company 

 

	 	17.	 Builders FirstSource - Texas Group, L.P., a Texas limited partnership 

 

	 	18.	 Builders FirstSource - South Texas, L.P., a Texas limited partnership 

 

	 	19.	 Builders FirstSource - Intellectual Property, L.P. , a Texas limited partnership 

 

	 	20.	 Builders FirstSource - Texas Installed Sales, L.P. , a Texas limited partnership 

 

	 	21.	 ProBuild Holdings LLC, a Delaware limited liability company 

 

	 	22.	 ProBuild Company LLC, a Delaware limited liability company 

 

	 	23.	 Pro-Build Real Estate Holdings, LLC, a Delaware limited liability
company 

  

	 	24.	 Builder’s Capital, LLC, a New York limited liability company 

 

	 	25.	 ProBuild North Transportation LLC, a Washington limited liability company 

 

	 	26.	 Timber Roots, LLC, a Washington limited liability company 

 

	 	27.	 Spenard Builders Supply LLC, an Alaska limited liability company 

 Schedule 2 

Subsidiaries 
  

			
	 Name of Legal Entity
	  	 Jurisdiction of Incorporation

	Builders FirstSource Holdings, LLC	  	Delaware
		
	Builders FirstSource – Northeast Group, LC	  	Delaware
		
	Builders FirstSource – Texas GenPar, LLC	  	Delaware
		
	Builders FirstSource – MBS , LLC	  	Delaware
		
	BFS Texas, LLC	  	Delaware
		
	BFS IP, LLC	  	Delaware
		
	Builders FirstSource – Dallas, LLC	  	Delaware
		
	Builders FirstSource – Florida, LLC	  	Delaware
		
	Builders FirstSource – Florida Design Center, LLC	  	Delaware
		
	Builders FirstSource – Ohio Valley, LLC	  	Delaware
		
	BFS, LLC	  	Delaware
		
	Builders FirstSource – Atlantic Group, LLC	  	Delaware
		
	Builders FirstSource – Southeast Group, LLC	  	Delaware
		
	Builders FirstSource – Raleigh, LLC	  	Delaware

			
	Builders FirstSource – Colorado Group, LLC	  	Delaware
		
	Builders FirstSource – Colorado, LLC	  	Delaware
		
	Builders FirstSource – Texas Group, L.P.	  	Texas
		
	Builders FirstSource – South Texas, L.P.	  	Texas
		
	Builders FirstSource – Intellectual Property, L.P.	  	Texas
		
	Builders FirstSource – Texas Installed Sales, L.P.	  	Texas
		
	ProBuild Holdings LLC	  	Delaware
		
	ProBuild Company LLC	  	Delaware
		
	Pro-Build Real Estate Holdings, LLC	  	Delaware
		
	Pro-Build Real Estate Holdings, LLC	  	Delaware
		
	Builder’s Capital, LLC	  	New York
		
	ProBuild North Transportation LLC	  	Washington
		
	Timber Roots, LLC	  	Washington
		
	Spenard Builders Supply LLC	  	Alaska
		
	Dixieline Builders Fund Control, Inc.	  	California
		
	CCWP Inc.	  	South Carolina

 Schedule 3 

Closing Documents 
  

	 	1.	 appropriately completed copies, which have been duly authorized for filing by the appropriate person, of UCC-1 financing statements or other filings naming the Issuer and each Guarantor, as applicable, as a debtor and the Collateral Agent as the secured party, as may be necessary or reasonably requested by the Initial
Purchaser and its counsel, in order to perfect the security interests of the Collateral Agent in any Collateral held by the Issuer or the Guarantors; 

  

	 	2.	 a search report dated a date reasonably near to the Closing Date, listing all effective financing statements
and other liens which name any Issuer or any Guarantor (under the names specified in the perfection certificate) as the debtor, together with copies of such financing statements or lien filings (none of which shall cover any Collateral described in
any Security Document, other than such financing statements that evidence Permitted Liens or for which the Initial Purchaser has requested and shall have received termination statements or assignments or
pay-off letters, as applicable); 

  

	 	3.	 a completed perfection certificate dated the Closing Date and signed by a responsible officer of the Issuer,
together with all attachments contemplated thereby; 

  

	 	4.	 such other approvals, certificates or documents as the Collateral Agent or the Initial Purchaser may reasonably
request in form and substance reasonably satisfactory to the Collateral Agent and the Initial Purchaser; 

  

	 	5.	 an Officer’s Certificate delivered pursuant to Section 2.10 of the Existing ABL/Bond Intercreditor
Agreement by a responsible officer of the Issuer and the other guarantors party to the Existing ABL/Bond Intercreditor Agreement (the “Existing ABL/Bond Intercreditor Agreement Officer’s Certificate”); and

  

	 	6.	 an Officer’s Certificate delivered pursuant to Article VI of the Existing Pari Passu Intercreditor
Agreement signed by a responsible officer of the Issuer (the “Existing Pari Passu Intercreditor Agreement Officer’s Certificate” and, together with the Existing ABL/Bond Intercreditor Agreement Officer’s Certificate, the
“Intercreditor Agreement Officer’s Certificates”). 

 ANNEX A 

Additional Time of Sale Information 
  

	1.	 Term sheet containing the terms of the Securities, substantially in the form of Annex B. 

 

 ANNEX B 

Pricing Term Sheet 

[See attached] 

  
 B-1 

 PRICING SUPPLEMENT, DATED MAY 22, 2019 

TO PRELIMINARY OFFERING CIRCULAR DATED MAY 21, 2019     STRICTLY CONFIDENTIAL 

 
 

 
 Builders FirstSource, Inc. 

$400,000,000 6.750% Senior Secured Notes due 2027 
  

 
 This pricing supplement (this “Pricing
Supplement”) is qualified in its entirety by reference to the preliminary offering circular dated May 21, 2019 (the “Preliminary Offering Circular”). The information in this Pricing Supplement supplements the
Preliminary Offering Circular and supersedes the information in the Preliminary Offering Circular to the extent inconsistent with the information in the Preliminary Offering Circular. Capitalized terms used in this Pricing Supplement but not defined
have the meanings given them in the Preliminary Offering Circular. 
 Other information (including financial information) presented in the Preliminary
Offering Circular is deemed to have changed to the extent affected by the changes described herein. 
 Change in Size of Offering 

The aggregate principal amount of Notes (as defined below) to be issued in the offering increased from $300.0 million to $400.0 million. The net
proceeds received from the increased amount of $100.0 million will be used to repurchase approximately $97.0 million outstanding principal amount of the Issuer’s Existing Notes from certain beneficial owners in open market
transactions and for general corporate purposes. Certain of those beneficial owners of our Existing Notes have agreed to purchase a similar aggregate principal amount of Notes in the offering. Corresponding changes will be made where applicable
throughout the Preliminary Offering Memorandum.
  

			
	Issuer:	  	Builders FirstSource, Inc.
		
	Title of Securities:	  	6.750% Senior Secured Notes due 2027 (the “Notes”)
		
	Principal Amount:	  	$400,000,000, which reflects an increase of $100,000,000 from the principal amount of the offering set forth in the Preliminary Offering Memorandum
		
	Maturity Date:	  	June 1, 2027
		
	Issue Price:	  	100.000% plus accrued interest, if any, from May 30, 2019
		
	Coupon:	  	6.750%
		
	Yield to Maturity:	  	6.750%
		
	Gross Proceeds:	  	$400,000,000

					
		
	Spread to Benchmark:	 	+443 basis points
		
	Benchmark:	 	2.375% UST due May 15, 2027
		
	Ratings*	 	B2 / BB-
		
	Interest Payment Dates:	 	June 1 and December 1 of each year, with the first interest payment date on December 1, 2019
		
	Record Dates:	 	May 15 and November 15 of each year
		
	Make-Whole Redemption:	 	Treasury plus 50 basis points prior to June 1, 2022
		
	Optional Redemption:	 	 At any time and from time to time on or after June 1, 2022, the Issuer may redeem the Notes in whole or in part at a
redemption price equal to the percentage of principal amount set forth below plus accrued and unpaid interest, if any, on the Notes redeemed, to, but excluding, the applicable date of redemption, if redeemed during the twelve-month period beginning
on June 1 of the year indicated below:
  

  

					
	 Year
	  	Price	 
	 2022
	  	 	103.375	% 
	 2023
	  	 	101.688	% 
	 2024 and thereafter
	  	 	100.000	% 

  

					
		
		  	At any time and from time to time during the 36 month period following the Issue Date, the Issuer may redeem up to 10% of the aggregate principal amount of the Notes issued under the Indenture (including any Additional
Notes) during each 12 month period beginning on the Issue Date at a redemption price of 103% of the aggregate principal amount thereof, plus accrued and unpaid interest, if any, on the Notes redeemed, to, but excluding, the applicable date of
redemption.
		
	Equity Clawback:	  	Up to 40% at 106.750% prior to June 1, 2022
		
	CUSIP/ISIN:	  	 12008R AM9 / US12008RAM97
 U08985
AG5 / USU08985AG56

		
	Trade Date:	  	May 22, 2019
		
	Settlement Date:	  	 May 30, 2019 (T+5)
  

The Issuer expects delivery of the Notes will be made against payment therefor on May 30, 2019, which is the fifth business day following the date of
pricing of the Notes (such settlement being referred to as “T+5”). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in two business days unless
the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes prior to the date that is two business days preceding the settlement date will be required, by virtue of the fact that the Notes initially
settle in T+5, to specify an alternative settlement arrangement at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade the Notes during such period should consult their advisors.

		
	Distribution:	  	144A and Regulation S with no registration rights
		
	Minimum Denominations:	  	$2,000 and $1,000 increments in excess thereof

			
		
	Use of Proceeds:	  	We intend to use the net proceeds from this offering to repay a portion of the funds drawn under our First-Lien Facility, to repurchase approximately $97.0 million of our outstanding Existing Notes from certain beneficial
owners in open market transactions and to pay related transaction fees and expenses. We intend to use the remaining net proceeds for general corporate purposes. Certain beneficial owners of our Existing Notes have agreed to purchase Notes in
the offering.
		
	Change of Control:	  	If we experience certain kinds of changes of control, we must offer to purchase the notes at 101% of their principal amount, plus accrued and unpaid interest, if any, to, but excluding, the purchase date.
		
	Sole Book-Running Manager:	  	Credit Suisse Securities (USA) LLC

  

	*	 A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision
or withdrawal at any time. 

 This material is confidential and is for your information only and is not intended to be used by
anyone other than you. This information does not purport to be a complete description of these Notes or the offering. Please refer to this information together with the information presented in the Preliminary Offering Circular for a
complete description. 
 The Notes have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities
Act”), or the securities laws of any other jurisdiction, and are being offered and sold only to (1) persons reasonably believed to be “qualified institutional buyers” in accordance with Rule 144A under the Securities Act and
(2) outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. 

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction to any person to whom it
is unlawful to make such offer or solicitation in such jurisdiction. 
 No PRIIPS KID: Not for retail investors in the EEA. No PRIIPS key information
document (KID) has been prepared as not available to retail in EEA. 
 Any disclaimer(s) or other notice(s) that may appear below are not applicable
to this communication and should be disregarded. Such disclaimer(s) and/or notice(s) were automatically generated as a result of this communication being sent via Bloomberg or another communication system. 

 ANNEX C 

Restrictions on Offers and Sales Outside the United States 

In connection with offers and sales of Securities outside the United States: 

(a) The Initial Purchaser acknowledges that the Securities have not been registered under the Securities Act and may not be offered or sold
within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in transactions not subject to, the registration requirements of the Securities Act. 

(b) The Initial Purchaser represents, warrants and agrees that: 

(i) The Initial Purchaser has offered and sold the Securities, and will offer and sell the Securities, (A) as part of
their distribution at any time and (B) otherwise until 40 days after the later of the commencement of the offering of the Securities and the Closing Date, only in accordance with Regulation S under the Securities Act (“Regulation
S”) or Rule 144A or any other available exemption from registration under the Securities Act. 
 (ii) None of the
Initial Purchaser or any of its affiliates or any other person acting on its or their behalf has engaged or will engage in any directed selling efforts with respect to the Securities, and all such persons have complied and will comply with the
offering restrictions requirement of Regulation S. 
 (iii) At or prior to the confirmation of sale of any Securities sold in
reliance on Regulation S, the Initial Purchaser will have sent to each distributor, dealer or other person receiving a selling concession, fee or other remuneration that purchases Securities from it during the distribution compliance period a
confirmation or notice to substantially the following effect: 
 The Securities covered hereby have not been registered under the U.S.
Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons (i) as part of their distribution at any time or
(ii) otherwise until 40 days after the later of the commencement of the offering of the Securities and the date of original issuance of the Securities, except in accordance with Regulation S or Rule 144A or any other available exemption from
registration under the Securities Act. Terms used above have the meanings given to them by Regulation S. 
 (iv) The Initial
Purchaser has not and will not enter into any contractual arrangement with any distributor with respect to the distribution of the Securities, except with its affiliates or with the prior written consent of the Issuer. 

  
 C-1 

 Terms used in paragraph (a) and this paragraph (b) and not otherwise defined in this Agreement
have the meanings given to them by Regulation S. 
 (c) The Initial Purchaser acknowledges that no action has been or will be taken by the
Issuer that would permit a public offering of the Securities, or possession or distribution of any of the Time of Sale Information, the Offering Circular, any Issuer Written Communication or any other offering or publicity material relating to the
Securities, in any country or jurisdiction where action for that purpose is required. 

  
 C-2

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