Document:

Amendment No.1 and Limited Waiver

 Exhibit 10.50 
 AMENDMENT NO. 1 AND LIMITED WAIVER 
 TO 
 AMENDED AND RESTATED CREDIT AGREEMENT 
 AMENDMENT NO. 1 AND LIMITED WAIVER dated
as of August 3, 2009 (this “Amendment”), to the Amended and Restated Credit Agreement dated as of May 30, 2008 (the “Credit Agreement”), among HEARTLAND PAYMENT SYSTEMS, INC., a Delaware corporation (the
“Borrower”), the LENDERS party thereto and JPMORGAN CHASE BANK, N.A., as Administrative Agent, Swingline Lender and Issuing Bank (as such capitalized terms are defined in the Credit Agreement). 
 W I T N E S S E T H: 
 WHEREAS, the
Borrower has requested that the Lenders, the Administrative Agent, the Swingline Lender and the Issuing Bank amend and waive certain provisions of the Credit Agreement, and such parties are willing to so amend and waive such provisions on the terms
and conditions set forth herein; 
 NOW, THEREFORE, the parties hereto agree as follows: 
 SECTION 1. Defined Terms. Unless otherwise specifically defined herein, each term used herein that is defined in the Credit Agreement has the
meaning assigned to such term in the Credit Agreement. 
 SECTION 2. Amendments to Article I. Article I of the Credit Agreement
is hereby amended as follows: 
 (a) Section 1.01 of the Credit Agreement is hereby amended by deleting the following definitions
therefrom in their entirety: “Assessment Rate”, “Base CD Rate” and “Three Month Secondary CD Rate”. 
 (b) Section 1.01 of the Credit Agreement is hereby amended by inserting the following definitions therein in the proper alphabetical order: 
 “Amendment No. 1” shall mean Amendment No. 1 and Limited Waiver dated as of August 3, 2009, among the
Borrower, the Lenders party thereto and JPMorgan Chase Bank, N.A., as Administrative Agent, Swingline Lender and Issuing Bank. 
 “Amendment No. 1 Effective Date” shall mean the date on which the conditions specified in Section 12 of Amendment No. 1 are satisfied. 
 “Collateral” means any and all property of the Loan Parties, now existing or hereafter acquired, that may at any time
become subject to a Lien in favor of the Administrative Agent, on behalf of the Secured Parties, to secure any Obligations. 
 “Collateral Documents” means, collectively, the Security Agreement, the Service Center Mortgage and any other security agreement, pledge agreement, charge, mortgage, deed of trust, instrument or other document granting a
Lien upon any Collateral as security for payment of the Obligations. 

 “Data Security Breach of 2008” means the security breach within the
Borrower’s processing system as described in the Borrower’s Form 8-K and related attachments filed with the Securities and Exchange Commission on January 20, 2009. 
 “Defaulting Lender” means any Lender, as determined by the Administrative Agent, that has (a) failed to fund any
portion of its Loans or participations in Letters of Credit or Swingline Loans within three Business Days of the date required to be funded by it hereunder, (b) notified the Borrower, the Administrative Agent, the Issuing Bank, the Swingline
Lender or any Lender in writing that it does not intend to comply with any of its funding obligations under this Agreement or has made a public statement to the effect that it does not intend to comply with its funding obligations under this
Agreement or under other agreements in which it commits to extend credit, (c) failed, within three Business Days after request by the Administrative Agent, to confirm that it will comply with the terms of this Agreement relating to its
obligations to fund prospective Loans and participations in then outstanding Letters of Credit and Swingline Loans, (d) otherwise failed to pay over to the Administrative Agent or any other Lender any other amount required to be paid by it
hereunder within three Business Days of the date when due, unless the subject of a good faith dispute, or (e) (i) become or is insolvent or has a parent company that has become or is insolvent or (ii) become the subject of a
bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it, or has taken any action in furtherance of, or indicating its consent to, approval of or acquiescence in any such proceeding or
appointment or has a parent company that has become the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee or custodian appointed for it, or has taken any action in furtherance of, or indicating its consent
to, approval of or acquiescence in any such proceeding or appointment. 
 “Domestic Subsidiary” means any
Subsidiary organized under the laws of the United States of America, any State thereof or the District of Columbia. 
 “First-Tier Foreign Subsidiary” means any Foreign Subsidiary the Equity Interests in which are owned directly by (a) the Borrower, (b) a Domestic Subsidiary that is not a direct or indirect Subsidiary of a Foreign
Subsidiary or (c) any combination of the foregoing. 
 “Foreign Subsidiary” means any Subsidiary that is
not a Domestic Subsidiary. 
 “Loan Parties” means, collectively, the Borrower and the Guarantors.

 “Secured Parties” means the holders from time to time of the Obligations. 
 “Security Agreement” means that certain Pledge and Security Agreement dated as of August 3, 2009, among the Loan
Parties and the Administrative Agent, for the benefit of the Secured Parties. 
  

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 “Service Center Mortgage” means a mortgage, deed of trust or similar
instrument executed by the Borrower in favor of the Administrative Agent, for the benefit of the Secured Parties, encumbering the Service Center. 
 (c) The following definitions in Section 1.01 of the Credit Agreement are hereby amended and restated in their entirety to read as follows: 
 “Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the
Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus  1/2
 of 1% and (c) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day) plus 1%, provided that, for the
avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the rate appearing on the Reuters Screen LIBOR01 Page (or on any successor or substitute page) at approximately 11:00 a.m. London time on such day (without any rounding). Any
change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the Prime Rate, the Federal Funds Effective
Rate or the Adjusted LIBO Rate, respectively. 
 “Applicable Margin” means (a) with respect to
the Term Loan, (i) for Eurodollar Loans, 3.00% and (ii) for ABR Loans, 2.00% and (b) with respect to a Revolving Loan, the percentage per annum set forth in the following table, based on the Total Leverage Ratio then in effect for the
Borrower (it being agreed and understood that on the Amendment No. 1 Effective Date the Applicable Margin for Revolving Loans is 1.75% for ABR Loans and 2.75% for Eurodollar Loans). 
  

							
	 Total Leverage Ratio
	  	Applicable Margin
for ABR Loans	 	 	Applicable Margin
for Eurodollar Loans	 
	 Greater than or equal to 2.0 to 1.0
	  	2.50	% 	 	3.50	% 
	 Less than 2.0 to 1.0 and greater than or equal to 1.5 to 1.0
	  	2.25	% 	 	3.25	% 
	 Less than 1.5 to 1.0 and greater than or equal to 1.0 to 1.0
	  	2.00	% 	 	3.00	% 
	 Less than 1.0 to 1.0
	  	1.75	% 	 	2.75	% 

 The Applicable Margin for Revolving Loans shall be determined in accordance with
the foregoing table based on the Borrower’s most recent annual or quarterly financial statements delivered pursuant to this Agreement (the “Financials”). Adjustments, if any, to the Applicable Margin for Revolving Loans shall
be effective on the date that the Administrative Agent has received the applicable Financials. If the Borrower fails to deliver the Financials to the Administrative Agent at the time required pursuant to this Agreement, then the Applicable Margin
for Revolving Loans shall be the highest Applicable Margin set forth in the foregoing table until the date that such Financials are so delivered. 
  

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 “EBITDA” means, for any period, Net Income for such period
plus (a) without duplication and to the extent deducted in determining Net Income for such period, the sum of (i) Interest Expense for such period, (ii) expense for Taxes for such period net of tax refunds,
(iii) all FAS 123R expenses for such period, (iv) all amounts attributable to depreciation and amortization expense of the Borrower and the Subsidiaries for such period, (v) charges related to the Data Security Breach of 2008 in an
aggregate amount during the term of this Agreement not to exceed $200,000,000 and (vi) any extraordinary losses not related to the Data Security Breach of 2008, minus (b) without duplication and to the extent included in Net
Income, any extraordinary gains, all calculated for the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP. 
 “Event of Default” has the meaning assigned to such term in Section 7.01. 
 “Facility Fee Rate” means 0.50% per annum. 
 “Guarantors” shall mean The Heartland Payroll Company, L.L.C., an Ohio limited liability company, Debitek, Inc., a Delaware corporation, Heartland Acquisition, LLC, a Delaware limited liability company, and any other direct
or indirect present or future Domestic Subsidiary of the Borrower. “Guarantor” shall mean any of the Guarantors. 
 “LIBO Rate” means, with respect to any Eurodollar Borrowing for any Interest Period, the rate appearing on the Reuters Screen LIBOR01 Page (or on any successor or substitute page) at approximately 11:00 a.m., London time,
two Business Days prior to the commencement of such Interest Period, as the rate for Dollar deposits with a maturity comparable to such Interest Period. In the event that such rate is not available at such time for any reason, then the “LIBO
Rate” with respect to such Eurodollar Borrowing for such Interest Period shall be the rate at which Dollar deposits of $5,000,000 and for a maturity comparable to such Interest Period are offered by the principal London office of the
Administrative Agent in immediately available funds in the London interbank market at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period. 
 “Loan Documents” means this Agreement, Amendment No. 1, the Guaranties, the Collateral Documents, the Promissory
Notes, the Letters of Credit, any Letter of Credit applications and any other document executed in connection herewith now or hereafter, as any of the foregoing may hereafter be amended, supplemented, modified, renewed, or extended. 
 “Material Adverse Effect” means a material adverse effect on (i) the business, assets, property or condition
(financial or otherwise) of the Borrower and the Subsidiaries taken as a whole, (ii) the validity or enforceability of any of the Loan Documents or the rights or remedies of the Administrative Agent and the Lenders thereunder or (iii) the
Collateral, or the Administrative Agent’s Liens on the Collateral or the priority of such Liens. Notwithstanding anything to the contrary set forth herein, in no event shall the Data Security Breach of 2008, or any event or events leading
thereto, resulting therefrom or proximately caused thereby, be deemed to constitute a Material Adverse Effect. 
  

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 “Statutory Reserve Rate” means a fraction (expressed as a decimal), the
numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by
the Board to which the Administrative Agent is subject for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such
Regulation D. Eurodollar Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender
under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 
 “Subordinated Indebtedness” of a Person means any Indebtedness of such Person that matures no earlier than March 31,
2013, the payment of which is subordinated to the Obligations to the written satisfaction of the Administrative Agent. 
 “Transactions” means the execution, delivery and performance by the Borrower of this Agreement, the borrowing of Loans, the use of the proceeds thereof, the issuance of Letters of Credit hereunder and the granting of Liens
pursuant to the Collateral Documents. 
 (d) Clause (e) of the definition of Permitted Encumbrances in Section 1.01 of the
Credit Agreement is hereby amended to replace the reference therein to the term “Article VII” with a reference to “Section 7.01”. 
 (e) Section 1.04 of the Credit Agreement is hereby amended by (i) inserting the parenthetical “(including Capital Lease Obligations)” immediately following the phrase “all terms of an
accounting or financial nature” and (ii) adding the following proviso at the end of such Section 1.04: 
 “; provided, further, that if for purposes of determining the outstanding amount of any Indebtedness (including, for the avoidance of doubt, any determination of Funded Debt), (x) any election by the Borrower to
measure an item of Indebtedness using fair value (as permitted by SFAS 159 issued by the Financial Accounting Standards Board in February 2007, or any similar accounting standard) shall be disregarded and such determination shall be made as if such
election had not been made and (y) any original issue discount with respect to such Indebtedness shall not be deducted in determining the outstanding amount of such Indebtedness”. 
 SECTION 3. Amendments to Article II. Article II of the Credit Agreement is hereby amended as follows: 
 (a) Section 2.05(j) of the Credit Agreement is hereby amended to replace the reference therein to the term “Article VII”
with a reference to “Section 7.01”. 
  

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 (b) Sections 2.11(a) and 2.11(b) of the Credit Agreement are amended to replace each
reference therein to the term “Article VII” with a reference to “Section 7.01”. 
 (c)
Section 2.16 of the Credit Agreement erroneously includes two clauses numbered “(d)”; the second clause “(d)” of Section 2.16 of the Credit Agreement is hereby re-numbered as clause “(e)” and the
existing clause “(e)” of Section 2.16 of the Credit Agreement is hereby re-numbered as clause “(f)”. 
 (d)
Article II of the Credit Agreement is hereby amended to add the following Section 2.19 thereto: 
 “SECTION 2.19. Defaulting Lenders. Notwithstanding any provision of this Agreement to the contrary, if any Revolving Credit Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such
Revolving Credit Lender is a Defaulting Lender: 
 (a) if any Swingline Exposure or LC Exposure of a Defaulting Lender exists,
until the time when the Revolving Credit Lender is no longer a Defaulting Lender, the Borrower shall, within one Business Day following notice by the Administrative Agent, (i) prepay such Swingline Exposure or, if agreed by the Swingline
Lender, cash collateralize the Swingline Exposure of such Defaulting Lender on terms satisfactory to the Swingline Lender and (ii) cash collateralize such Defaulting Lender’s LC Exposure in accordance with the procedures set forth in
Section 2.05(j) for so long as such LC Exposure is outstanding; 
 (b) the Swingline Lender shall not be required
to fund any Swingline Loan and the Issuing Bank shall not be required to issue, amend or increase any Letter of Credit unless it is satisfied that cash collateral will be provided by the Borrower in accordance with Section 2.19(a);

 (c) other than as expressly set forth in this Section 2.19, the rights and obligations of a Defaulting Lender
(including the obligation to indemnify the Administrative Agent) and the other parties hereto shall remain unchanged. Nothing in this Section 2.19 shall be deemed to release any Defaulting Lender from its obligations under this Agreement
and the Loan Documents, shall alter such obligations, shall operate as a waiver of any default by such Defaulting Lender hereunder, or shall prejudice any rights which Borrower, the Administrative Agent, the Issuing Bank, the Swingline Lender or any
Lender may have against any Defaulting Lender as a result of any default by such Defaulting Lender hereunder; and 
 (d) In
the event a Defaulting Lender retroactively cures to the satisfaction of the Administrative Agent the breach which caused a Lender to become a Defaulting Lender, such Defaulting Lender shall no longer be a Defaulting Lender and shall be treated as a
Lender under this Agreement.” 
 SECTION 4. Amendments to Article III. Article III of the Credit Agreement is hereby
amended as follows: 
  

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 (a) Section 3.02 of the Credit Agreement is hereby amended and restated in its entirety as
follows: 
 “SECTION 3.02. Authorization; Enforceability. 
 (a) The Transactions are within the Borrower’s corporate powers and have been duly authorized by all necessary corporate and, if
required, stockholder action. This Agreement and each other Loan Document to which the Borrower is a signatory has been duly executed and delivered by the Borrower and constitutes a legal, valid and binding obligation of the Borrower, enforceable in
accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a
proceeding in equity or at law. 
 (b) Each of the Guaranties and other Loan Documents to which a Guarantor is a signatory is
within the corporate or other similar organizational powers of the Guarantor that is a signatory thereto and has been duly authorized by all necessary corporate or other similar organizational powers and, if required, stockholder or other similar
action. Each of the Guaranties and other Loan Documents to which a Guarantor is a signatory has been duly executed and delivered by the Guarantor that is a signatory thereto and constitutes a legal, valid and binding obligation of such Guarantor,
enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered
in a proceeding in equity or at law.” 
 (b) Section 3.03 of the Credit Agreement is hereby amended and restated in its
entirety as follows: 
 “SECTION 3.03. Governmental Approvals; No Conflicts. The Transactions, the Guaranties and
the other Loan Documents (a) do not require any consent or approval of, registration or filing (other than financing statements) with, or any other action by, any Governmental Authority, except such as have been obtained or made and are in full
force and effect and except for other obligations to be completed pursuant to Section 5.11 hereof, (b) will not violate any applicable law or regulation or the charter, by-laws or other organizational documents of the Borrower or
any of its Subsidiaries or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument binding upon the Borrower or any of its Subsidiaries or its assets, or give rise
to a right thereunder to require any payment to be made by the Borrower or any of its Subsidiaries (except for payments made pursuant to and in connection with this Agreement, the Guaranties, and the other Loan Documents), and (d) will not
result in the creation or imposition of any Lien on any asset of the Borrower or any of its Subsidiaries, except for the Liens created by the Collateral Documents.” 
 (c) Article III of the Credit Agreement is hereby amended to add the following Section 3.12 thereto: 
 “SECTION 3.12. Collateral. The provisions of the Collateral Documents are effective to create in favor of the Administrative Agent for the benefit of the Secured Parties a legal, valid and enforceable
first priority Lien (subject to Liens permitted by Section 6.02) on all right, title and interest of the respective Loan Parties in the Collateral described therein.” 
  

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 SECTION 5. Amendments to Article V. Article V of the Credit Agreement is hereby amended as
follows: 
 (a) Section 5.05 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “SECTION 5.05. Maintenance of Properties; Insurance. The Borrower will, and will cause each of its Subsidiaries to,
(a) keep and maintain all property material to the conduct of its business in good working order and condition, ordinary wear and tear excepted, and (b) maintain, with financially sound and reputable insurance companies, insurance in such
amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations, and providing (i) for payment of losses to the Administrative Agent as its interests
may appear, (ii) that such policies may not be canceled or reduced or affected in any material adverse manner for any reason without 30 days prior notice to the Administrative Agent, and (iii) that the Lenders and the Administrative Agent
are additional insureds thereunder.” 
 (b) Article V of the Credit Agreement is hereby amended to add the following Sections
5.10 and 5.11 thereto: 
 “SECTION 5.10. Additional Collateral; Further Assurances. 
 (a) Upon the formation or acquisition of any Domestic Subsidiary of the Borrower (other than a Domestic Subsidiary that is a direct or
indirect Subsidiary of a Foreign Subsidiary), the Borrower shall, within 15 days after such formation or acquisition (or such later date as the Administrative Agent may agree in its sole discretion): 
 (i) cause such Domestic Subsidiary to become a Guarantor by executing and delivering to the Administrative Agent a Guaranty, whereby such
Domestic Subsidiary shall guarantee the obligations of the Loan Parties under the Loan Documents; 
 (ii) (A) cause such
Domestic Subsidiary to become a grantor under the Security Agreement by executing and delivering to the Administrative Agent a supplement to the Security Agreement in the form specified therein, whereby such Domestic Subsidiary shall grant a
security interest to the Administrative Agent in all of its assets constituting Collateral under the Security Agreement to secure the Obligations, and (B) take whatever action (including delivering properly completed Uniform Commercial Code
financing statements) that may be necessary or advisable in the reasonable opinion of the 

  

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Administrative Agent to grant to the Administrative Agent, for the benefit of the Secured Parties, a first priority (subject to Liens permitted by
Section 6.02) perfected security interest in the assets of such Domestic Subsidiary purported to be subject to the Security Agreement; 
 (iii) (A) cause all of the Equity Interests owned by the Borrower and its Subsidiaries in such Domestic Subsidiary to be pledged to the Administrative Agent to secure the Obligations by causing the direct owners of
such Equity Interests to execute and deliver to the Administrative Agent a supplement to the Security Agreement, (B) deliver or cause to be delivered to the Administrative Agent all certificates and undated stock powers duly executed in blank
(to the extent the Equity Interests of such Domestic Subsidiary are certificated) and other documents required by the Security Agreement with respect to such Equity Interests and (C) take or cause to be taken such other actions as may be
necessary to provide the Administrative Agent with a first priority perfected pledge of and security interest in such Equity Interests; and 
 (iv) deliver to the Administrative Agent documents of the types referred to in Section 12(i) of Amendment No. 1 with respect to such Domestic Subsidiary and, if requested by the Administrative Agent,
favorable opinions of counsel (which shall cover, among other things, the legality, validity, binding effect, enforceability, creation and perfection of the documentation referred to in subclauses (i), (ii) and (iii) above), all in form,
content and scope reasonably satisfactory to the Administrative Agent. 
 (b) Upon the formation or acquisition of any
First-Tier Foreign Subsidiary of the Borrower, the Borrower shall, within 30 days after such formation or acquisition (or such later date as the Administrative Agent may agree in its sole discretion): 
 (i) (A) cause 65% of the Equity Interests owned by the Borrower and its Subsidiaries in such First-Tier Foreign Subsidiary to be pledged
to the Administrative Agent to secure the Obligations by causing the direct owners of such Equity Interests to execute and deliver to the Administrative Agent a pledge agreement or similar agreement in form and substance reasonably satisfactory to
the Administrative Agent, (B) deliver or cause to be delivered to the Administrative Agent certificates representing such Equity Interests and corresponding stock powers (to the extent the Equity Interests of such First-Tier Foreign Subsidiary
are certificated) and other documents required by such agreement with respect to such Equity Interests and (C) take or cause to be taken such other actions as may be necessary to provide the Administrative Agent with a first priority perfected
pledge of and security interest in such Equity Interests; and 
 (ii) deliver to the Administrative Agent documents of the
types referred to in Section 12(i) of Amendment No. 1 with respect to such First-Tier Foreign Subsidiary and, if requested by the Administrative Agent, favorable opinions of counsel (which shall cover, among other things, the
legality, validity, 

  

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binding effect, enforceability, creation and perfection of the documentation referred to in subclause (i) above), all in form, content and scope
reasonably satisfactory to the Administrative Agent. 
 (c) Without limiting the foregoing, the Borrower will, and will cause
each of its Subsidiaries to, promptly execute and deliver, or cause to be executed and delivered (but in any event within thirty days after request therefor, or such later date as the Administrative Agent may agree in its sole discretion), to the
Administrative Agent such documents, agreements and instruments, and will take or cause to be taken such further actions (including the filing and recording of financing statements, fixture filings and other documents and such other actions or
deliveries of the type required by Section 12 of Amendment No. 1 and the Security Agreement, as applicable), which may be required by law or which the Administrative Agent may, from time to time, reasonably request to carry out the
terms and conditions of this Agreement and the other Loan Documents and to ensure perfection and priority of the Liens created or intended to be created by the Collateral Documents, all at the expense of the Loan Parties, it being the intent of the
parties hereto for the Administrative Agent, for the benefit of the Secured Parties, to at all times on and after the Amendment No. 1 Effective Date have a first priority (subject to Liens permitted by Section 6.02) perfected Lien
on all of the personal property and material real property (excluding (i) 35% of the Capital Stock owned by the Borrower and its Subsidiaries in any First-Tier Foreign Subsidiary, (ii) deposit accounts used solely for Payroll Deposits,
remote deposit capture processing accounts and card processing accounts, (iii) the items specifically excluded from the definition of Collateral in the Security Agreement, and (vi) other items approved by the Administrative Agent in its
sole discretion) of the Borrower and its Domestic Subsidiaries. 
 (d) With respect to any fee interest in any real property
with a reasonably estimated fair market value of $5,000,000 or more, owned or acquired by the Borrower or any other Loan Party, the Borrower or the applicable Loan Party shall promptly (and, in any event, within thirty days following the date of the
Amendment No. 1 Effective Date or such acquisition, as applicable) (i) execute and deliver a first priority mortgage, deed of trust or other similar document (subject only to Liens permitted by Section 6.02 of this Agreement)
in favor of the Administrative Agent, for the benefit of the Secured Parties, covering such real property and complying with the provisions herein and in the Collateral Documents, (ii) if requested by the Administrative Agent, provide the
Secured Parties with title insurance in an amount at least equal to the purchase price of such Real Property (or such other amount as the Administrative Agent shall reasonably specify), and if applicable, flood insurance and lease estoppel
certificates, all in form and substance reasonably satisfactory to the Administrative Agent, (iii) if requested by the Administrative Agent, deliver to the Administrative Agent a survey of such real property, which shall be in form and
substance satisfactory to the Administrative Agent, (iv) if requested by the Administrative Agent, deliver to the Administrative Agent legal opinions relating to the matters described in clause (i) above, which opinions shall be in form
and substance, and from counsel, reasonably satisfactory to the Administrative Agent and (v) if requested by the Administrative Agent, use commercially reasonable efforts to obtain collateral access and Lien subordination agreements for each
location (other than a location that is owned by the Borrower or another Loan Party) where any 

  

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Collateral with an aggregate fair market value in excess of $250,000 is maintained, such agreements to be in form and substance reasonably satisfactory to
the Administrative Agent, executed by the owner of each such location. Notwithstanding the foregoing, the parties hereto acknowledge and agree that items (ii) and (iii) shall not initially be required with respect to the Service Center
Mortgage, but the Administrative Agent retains the right to request such items in the future, and the Borrower shall promptly (but in any event within sixty days after request therefor) comply with any such request. 
 SECTION 5.11. Amendment No. 1 Post Closing Obligations. The Borrower will (a) execute and deliver, or cause to be
executed and delivered, the documents and (b) complete, or cause to be completed, the tasks set forth on Schedule 5.11 attached to Amendment No. 1, in each case within the time limits specified on such schedule. Notwithstanding
anything to the contrary contained herein or in any other Loan Document, the deadlines for the delivery of documents and completion of tasks set forth on Schedule 5.11 shall preempt any contradictory deadlines for the delivery or completion
of such tasks set forth herein or in any other Loan Document.” 
 SECTION 6. Amendments to Article VI. Article VI of the
Credit Agreement is hereby amended as follows: 
 (a) Clause (c) of Section 6.01 of the Credit Agreement is hereby amended
and restated in its entirety as follows: 
 “(c) Indebtedness of the Borrower to any Subsidiary and of any Subsidiary to
the Borrower or any other Subsidiary, provided that any loan or advance related to such Indebtedness is permitted by Section 6.04;” 
 (b) Schedule 6.02 attached to the Credit Agreement is hereby replaced in its entirety with Schedule 6.02 attached to Amendment No. 1. 
 (c) Subclause (ii) in clause (a) of Section 6.03 of the Credit Agreement is hereby amended and restated in its entirety as follows:

 “(ii) any Subsidiary may merge into any other Subsidiary in a transaction in which the surviving entity is a
Subsidiary, provided that if the Subsidiary that is to be merged out of existence is a Guarantor, the surviving entity is a Guarantor,” 
 (d) Subclause (iii) in clause (a) of Section 6.03 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “(iii) any Subsidiary may sell, transfer, lease or otherwise dispose of its assets to the Borrower or to another Subsidiary,
provided that if the Subsidiary selling, transferring or otherwise disposing of its assets is a Guarantor, the transferee is a Loan Party;” 
 (e) Clause (c) of Section 6.04 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “(c) loans or advances made by the Borrower to any Subsidiary and made by any Subsidiary to the Borrower or any other Subsidiary,
provided that if such loan or advance is made by a Loan Party to a Subsidiary that is not a Loan Party, the aggregate principal amount of all such loans and advances at any time outstanding shall not exceed $5,000,000;” 
  

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 (f) Clause (b) of Section 6.11 of the Credit Agreement is hereby amended and restated in
its entirety as follows: 
 “(b) sales, transfers and dispositions to the Borrower or any Subsidiary, provided
that any such sales, transfers or dispositions (i) involving a Subsidiary shall be made in compliance with Section 6.07 and (ii) involving a transfer of assets from a Loan Party to a Subsidiary that is not a Guarantor shall not
be permitted by this clause (b).” 
 (g) Section 6.12 of the Credit Agreement is hereby amended to replace the reference
therein to the number “90” with a reference to “180”. 
 SECTION 7. Amendments to Article VII. Article VII
of the Credit Agreement is hereby amended as follows: 
 (a) The first line of Article VII of the Credit Agreement is hereby amended
and restated in its entirety as follows: 
 “SECTION 7.01. Events of Default. If any of the following events
(“Events of Default”) shall occur:” 
 (b) Article VII of the Credit Agreement is hereby amended to replace each
reference therein to the term “this Article” with a reference to “this Section 7.01”. 
 (c) Clause
(e) of Section 7.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “(e) the Borrower or any other Loan Party shall fail to observe or perform any covenant, condition or agreement contained in this Agreement (other than those specified in clause (a), (b) or (d) of this Article) or any other
Loan Document, and such failure shall continue unremedied for a period of 30 days after notice thereof from the Administrative Agent to the Borrower (which notice will be given at the request of any Lender);” 
 (d) Clause (m) of Section 7.01 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “(m) (i) any of the Loan Documents shall cease to be enforceable or in full force and effect (except as otherwise permitted
pursuant to this Agreement) or (ii) any Collateral Document shall for any reason fail to create a valid and perfected first priority security interest in any Collateral with an aggregate value in excess of $5,000,000 purported to be covered
thereby, except as permitted by the terms of any Loan Document, or any Collateral Document shall fail to remain in full force or effect or any action shall be taken to discontinue or to assert the invalidity or unenforceability of any Collateral
Document; or” 
  

 12 

 (e) The following sentence is inserted at the end of the last paragraph of Section 7.01:

 “In addition to the other rights and remedies of the Administrative Agent and the Lenders set forth in the Loan
Documents, upon the occurrence and during the continuance of an Event of Default, the Administrative Agent may, and at the request of the Required Lenders shall, exercise any rights and remedies provided to the Administrative Agent under the Loan
Documents or at law or equity, including all remedies provided under the Uniform Commercial Code. 
 (f) Article VII of the Credit
Agreement is hereby amended to add the following Section 7.02 thereto: 
 “SECTION 7.02. Application of
Proceeds. At any time that an Event of Default has occurred and is continuing and except as otherwise provided with respect to Defaulting Lenders, any proceeds received by the Administrative Agent in respect of any sale of, collection from or
other realization upon all or any part of the Collateral pursuant to the exercise by the Administrative Agent of its rights and remedies provided under the Loan Documents or at law or equity, shall be applied by the Administrative Agent in the
following order: 
 First, to the payment of all costs and expenses incurred by the Administrative Agent in connection
with such sale, collection or other realization; 
 Second, to the payment of that portion of the Obligations
constituting fees, indemnities, expenses and other amounts (including fees, charges and disbursements of counsel to the Administrative Agent) payable to the Administrative Agent in its capacity as such; 
 Third, to the payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal,
interest and Letter of Credit Fees) payable to the Lenders and the Issuing Bank (including fees, charges and disbursements of counsel to the respective Lenders and the Issuing Bank), ratably among them in proportion to the respective amounts
described in this clause Third payable to them; 
 Fourth, to the payment of that portion of the Obligations
constituting accrued and unpaid Letter of Credit Fees and interest on the Loans, LC Disbursements and other Obligations, ratably among the Lenders and the Issuing Bank in proportion to the respective amounts described in this clause Fourth
payable to them; 
 Fifth, to the payment of that portion of the Obligations constituting unpaid principal of the
Loans, LC Disbursements and amounts owing under Swap Agreements entered into by the Borrower or any of its Subsidiaries with any Lender or any Affiliate of any Lender, ratably among the Lenders, the Issuing Bank and such Affiliates in proportion to
the respective amounts described in this clause Fifth held by them; 
  

 13 

 Sixth, to the Administrative Agent for the account of the Issuing Bank, to cash
collateralize the aggregate undrawn amount of all outstanding Letters of Credit issued by the Issuing Bank; and 
 Last, the balance, if any, after all the Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by law. 
 Subject to Section 2.05(e), amounts used to cash collateralize the aggregate undrawn amount of all outstanding Letters of Credit pursuant to clause Sixth above shall be applied to satisfy drawings
under such Letters of Credit as they occur. If any amount remains on deposit as cash collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the
order set forth above.” 
 SECTION 8. Amendments to Article VIII. Article VIII of the Credit Agreement is hereby amended
as follows: 
 (a) The first sentence of Article VIII of the Credit Agreement is hereby amended by inserting the phrase “and of
the other Loan Documents” immediately after the phrase “to exercise such powers as are delegated to the Administrative Agent by the terms hereof”. 
 (b) The third paragraph of Article VIII of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Loan
Documents. Without limiting the generality of the foregoing, (a) the Administrative Agent shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing, (b) the Administrative
Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby and by the other Loan Documents that the Administrative Agent is required to
exercise in writing as directed by the Required Lenders, the Required Revolving Credit Lenders or the Required Term Lenders, as the case may be (or such other number or percentage of the Lenders as shall be necessary under the circumstances as
provided in Section 9.02 or Section 2.05(j)), and (c) except as expressly set forth herein and in the other Loan Documents, the Administrative Agent shall not have any duty to disclose, and shall not be liable for the
failure to disclose, any information relating to the Borrower or any of its Subsidiaries that is communicated to or obtained by the bank serving as Administrative Agent or any of its Affiliates in any capacity. The Administrative Agent shall not be
liable for any action taken or not taken by it with the consent or at the request of the Required Lenders, the Required Revolving Credit Lenders or the Required Term Lenders, as the case may be (or such other number or percentage of the Lenders as
shall be necessary under the circumstances as provided in Section 9.02 or Section 2.05(j)) or in the absence of its own gross negligence or willful misconduct. The Administrative Agent shall be deemed not to have knowledge of
any Default unless and until written notice thereof is given to the Administrative Agent by the Borrower or a Lender, and the Administrative Agent shall not be responsible for or have any duty to 

  

 14 

 
ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document,
(ii) the contents of any certificate, report or other document delivered hereunder or in connection herewith or in connection with any other Loan Document, (iii) the performance or observance of any of the covenants, agreements or other
terms or conditions set forth herein or in any other Loan Document, (iv) the validity, enforceability, effectiveness or genuineness of this Agreement, any other Loan Document, or any other agreement, instrument or document, (v) the
creation, perfection or priority of Liens on the Collateral or the existence of the Collateral or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein or in any other Loan Document, other than to confirm
receipt of items expressly required to be delivered to the Administrative Agent.” 
 (c) The last sentence of Article VIII of the
Credit Agreement is hereby amended by inserting the phrase “any other Loan Document,” immediately after the phrase “continue to make its own decisions in taking or not taking action under or based upon this Agreement,”.

 SECTION 9. Amendments to Article IX. Article IX of the Credit Agreement is hereby amended as follows: 
 (a) Section 9.01(a)(i) of the Credit Agreement is hereby amended by inserting the following at the end thereof: 
  

			
	“With a copy to:	  	 GOODWIN PROCTER LLP
 The New York Times
Building
 620 Eighth Avenue New York, NY 10018-1405
 Attn: Wesley
C. Fredericks, Esq.
 Fax No.: (212) 355-3333

 (b) Section 9.02(a) of the Credit Agreement is hereby amended and restated in its entirety as
follows: 
 “(a) No failure or delay by the Administrative Agent, the Issuing Bank or any Lender in exercising any right
or power hereunder or under any Loan Document shall operate as a waiver thereof, nor shall any single or partial exercise of any such right or power, or any abandonment or discontinuance of steps to enforce such a right or power, preclude any other
or further exercise thereof or the exercise of any other right or power. The rights and remedies of the Administrative Agent, the Issuing Bank and the Lenders hereunder and under any other Loan Document are cumulative and are not exclusive of any
rights or remedies that they would otherwise have. No waiver of any provision of this Agreement, Amendment No. 1, the Guaranties or the Collateral Documents or consent to any departure by the Borrower or any other Loan Party therefrom shall in
any event be effective unless the same shall be permitted by paragraph (b) of this Section, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. Without limiting the generality of
the foregoing, the making of a Loan or issuance of a Letter of Credit shall not be construed as a waiver of any Default, regardless of whether the Administrative Agent, any Lender or the Issuing Bank may have had notice or knowledge of such Default
at the time.” 
  

 15 

 (c) Section 9.02(b) of the Credit Agreement is hereby amended and restated in its entirety as
follows: 
 “(b) Neither this Agreement nor, Amendment No. 1, the Guaranties nor the Collateral Documents nor any
provision hereof or thereof may be waived, amended or modified except (i) in the case of this Agreement and Amendment No. 1, pursuant to an agreement or agreements in writing entered into by the Borrower and the Required Lenders or
(ii) in the case of any the Guaranties and the Collateral Documents, pursuant to an agreement or agreements in writing entered into by the Administrative Agent and the Loan Party or Loan Parties that are parties thereto, with the consent of the
Required Lenders; provided that no such agreement shall (A) increase the Commitment of any Lender without the written consent of such Lender, (B) reduce the principal amount of any Loan or LC Disbursement or reduce the rate of
interest thereon, or reduce any fees payable hereunder, without the written consent of each Lender affected thereby, (C) postpone the scheduled date of payment of the principal amount of any Loan or LC Disbursement, or any interest thereon, or
any fees payable hereunder, or reduce the amount of, waive or excuse any such payment, or postpone the scheduled date of expiration of any Commitment, without the written consent of each Lender affected thereby, (D) change
Section 2.17(b) or (c) in a manner that would alter the pro rata sharing of payments required thereby, without the written consent of each Lender, (E) change any of the provisions of this Section or the definition of
“Required Lenders” or any other provision of this Agreement, Amendment No. 1, the Guaranties or the Collateral Documents specifying the number or percentage of Lenders required to waive, amend or modify any rights thereunder or make
any determination or grant any consent thereunder, without the written consent of each Lender, (F) release any Guarantor from its obligations under the Guaranty (except as otherwise permitted herein or in the other Loan Documents), without the
written consent of each Lender or (G) release all or substantially all of the Collateral, without the written consent of each Lender; provided further that no such agreement shall amend, modify or otherwise affect the rights or
duties of the Administrative Agent, the Issuing Bank or the Swingline Lender hereunder without the prior written consent of the Administrative Agent, the Issuing Bank or the Swingline Lender, as the case may be.” 
 (d) Section 9.02 of the Credit Agreement is hereby amended to add the following clause (c) thereto: 
 “(c) The Lenders hereby irrevocably authorize the Administrative Agent, at its option and in its sole discretion, to release any
Liens granted to the Administrative Agent by the Loan Parties on any Collateral (i) upon the termination of all Commitments and payment and satisfaction in full in cash of all Obligations, (ii) constituting property being sold or disposed
of if the Loan Party disposing of such property certifies to the Administrative Agent that the sale or disposition is made in compliance with the terms of this Agreement (and the Administrative Agent may rely conclusively on any such certificate,
without further inquiry), (iii) constituting property 

  

 16 

 
leased to a Loan Party under a lease which has expired or been terminated in a transaction permitted under this Agreement, or (iv) as required to effect
any sale or other disposition of such Collateral in connection with any exercise of remedies of the Administrative Agent and the Lenders pursuant to Article VII. Except as provided in the preceding sentence, the Administrative Agent will not
release any Liens on Collateral without the prior written authorization of the Required Lenders. Any such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those expressly being released) upon (or
obligations of the Loan Parties in respect of) all interests retained by the Loan Parties, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral. Notwithstanding anything herein to the contrary, the
Administrative Agent and the Lenders agree that in connection with any Sale and Leaseback Transaction relating to the Service Center that is permitted by this Agreement, upon the request of the Borrower and concurrently with such Sale and Leaseback
Transaction, the Administrative Agent shall terminate the Service Center Mortgage and take whatever action that may be reasonably requested by the Borrower to release any and all security interests that the Administrative Agent, on behalf of itself
and the Secured Parties, may have in the Service Center under the Loan Documents.” 
 (e) Section 9.03(a) of the Credit
Agreement is hereby amended by (i) inserting the phrase “and the other Loan Documents” immediately after the phrase “the preparation and administration of this Agreement”, (ii) inserting the phrase “or
thereof” immediately after the phrase “amendments, modifications or waivers of the provisions hereof” and (iii) inserting the phrase “or any of the other Loan Documents” after the phrase “in connection with the
enforcement or protection of its rights in connection with this Agreement”. 
 (f) Subclause (i) of Section 9.03(b) of
the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “(i) the execution or delivery of this
Agreement or any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto or the parties to any other Loan Document of their respective obligations hereunder or thereunder or the
consummation of the Transactions or any other transactions contemplated hereby or thereby,”. 
 (g) Section 9.05 of the
Credit Agreement is hereby amended and restated in its entirety as follows: 
 “SECTION 9.05. Survival. All
covenants, agreements, representations and warranties made by the Loan Parties herein and in the other Loan Documents and in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document
shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of the Loan Documents and the making of any Loans and issuance of any Letters of Credit, regardless of any investigation made by
any such other party or on its behalf and notwithstanding that the Administrative Agent, the Issuing Bank or any Lender may have had notice or knowledge of any Default or incorrect representation or warranty at the time any credit is extended
hereunder, and shall continue in full force and effect as long as the principal of 

  

 17 

 
or any accrued interest on any Loan or any fee or any other amount payable under this Agreement is outstanding and unpaid or any Letter of Credit is
outstanding and so long as the Commitments have not expired or terminated. The provisions of Sections 2.14, 2.15, 2.16 and 9.03 and Article VIII shall survive and remain in full force and effect regardless of the
consummation of the transactions contemplated hereby, the repayment of the Loans, the expiration or termination of the Letters of Credit and the Commitments or the termination of this Agreement or any provision hereof.” 
 (h) The second sentence of Section 9.06 of the Credit Agreement is hereby amended by inserting the phrase “, the other Loan
Documents” immediately after the phrase “This Agreement”. 
 (i) Section 9.07 of the Credit Agreement is hereby
amended by (i) inserting the phrase “or any other Loan Document” immediately after the phrase “this Agreement” and (ii) inserting the phrase “or thereof” immediately after the phrase “remaining provisions
hereof”. 
 (j) Section 9.08 of the Credit Agreement is hereby amended by inserting the phrase “or any other Loan
Document” immediately after the phrase “this Agreement”. 
 (k) Clauses (b), (c) and (d) of Section 9.09
of the Credit Agreement are amended by inserting the phrase “or any other Loan Document” immediately after each reference therein to the phrase “this Agreement”. 
 (l) Section 9.10 of the Credit Agreement is hereby amended by (i) inserting the phrase “, ANY OTHER LOAN DOCUMENT” immediately
after the phrase “RELATING TO THIS AGREEMENT” and (ii) inserting the phrase “AND THE OTHER LOAN DOCUMENTS” immediately after the phrase “INDUCED TO ENTER INTO THIS AGREEMENT”. 
 (m) Section 9.12 of the Credit Agreement is hereby amended and restated in its entirety as follows: 
 “SECTION 9.12. Confidentiality. Each of the Administrative Agent, the Issuing Bank and the Lenders agrees to maintain the
confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its and its Affiliates’ directors, officers, employees and agents, including accountants, legal counsel and other advisors (it being
understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent requested by any regulatory authority,
(c) to the extent required by applicable laws or regulations or by any subpoena or similar legal process, (d) to any other party to this Agreement, (e) in connection with the exercise of any remedies hereunder or under any other Loan
Document or any suit, action or proceeding relating to this Agreement or any other Loan Document, or the enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this
Section, to (1) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement or (2) any actual or prospective counterparty (or its advisors) to any swap or
derivative transaction relating to the Loan Parties and their obligations, (g) with the 

  

 18 

 
consent of the Borrower or (h) to the extent such Information (1) becomes publicly available other than as a result of a breach of this Section or
(2) becomes available to the Administrative Agent, the Issuing Bank or any Lender on a nonconfidential basis from a source other than the Borrower. For the purposes of this Section, “Information” means all information received from
the Borrower relating to the Loan Parties or their businesses, other than any such information that is available to the Administrative Agent, the Issuing Bank or any Lender on a nonconfidential basis prior to disclosure by the Borrower;
provided that, in the case of information received from the Borrower after the date hereof, such information is clearly identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as
provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential
information.” 
 SECTION 10. Limited Waiver. The Lenders waive any Default or Event of Default (i) existing on or prior to
the date hereof arising under Section 7.01 of the Credit Agreement as a result of the breach by the Borrower of Section 5.09 of the Credit Agreement to the extent, and only to the extent, that such Default or Event of Default
resulted or results from the Borrower’s failure to cause each of its direct and indirect Domestic Subsidiaries to become a Guarantor; provided that each Domestic Subsidiary executes a Guaranty on or prior to the effective date of this
Amendment, (ii) existing on or prior to the date hereof arising under Section 7.01 of the Credit Agreement as a result of a breach by the Borrower of any representation and warranty of the Credit Agreement by reason of the
occurrence of the Data Security Breach of 2008 (as defined in the Credit Agreement, as amended) and (iii) existing on or prior to the date hereof arising under Section 7.01 of the Credit Agreement as a result of the breach by the
Borrower of Section 6.09 of the Credit Agreement for the fiscal quarter ended June 30, 2009, to the extent, and only to the extent, that such Default or Event of Default resulted or results from EBITDA being reduced by charges
related to the Data Security Breach of 2008 in an aggregate amount not to exceed $200,000,000. Except as expressly set forth in this Section 10, nothing contained in this Amendment shall be construed as a consent or waiver by the
Administrative Agent or any Lender of any other covenant or provision of the Credit Agreement or the other Loan Documents, and the failure of the Administrative Agent or the Lenders at any time or times hereafter to require strict performance by the
Borrower or any other Loan Party of any provision thereof shall not waive, affect or diminish any rights of the Administrative Agent or the Lenders to thereafter demand strict compliance therewith. Nothing set forth herein shall constitute a course
of dealing among the parties, and neither the Administrative Agent nor the Lenders shall have any obligation to further amend, waive or modify any terms and provisions of the Credit Agreement or any of the other Loan Documents. 
 SECTION 11. Representations. To induce the other parties hereto to enter into this Amendment, each Loan Party represents and warrants that, after
giving effect to each of the amendments and waivers set forth in this Amendment: 
 (a) the representations and warranties of such Loan Party
contained in each Loan Document are true and correct on and as of the date hereof with the same effect as though made on and as of such date, except to the extent such representations and warranties specifically refer to an earlier date, in which
case such representations and warranties shall be true and correct as of such earlier date; 
  

 19 

 (b) No Default has occurred and is continuing; 
 (c) this Amendment, the Collateral Documents and each of the other Loan Documents has been, and the documents to be executed pursuant to
Section 5.11 of the Credit Agreement will be, duly executed and delivered by each Loan Party and this Amendment and each other Loan Document constitutes, or will constitute, the legal, valid and binding obligation of each Loan Party
party thereto, enforceable against each such Loan Party in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, or similar laws affecting the enforcement of creditors’ rights generally or by
equitable principles of general applicability; and 
 (d) execution and delivery by the Loan Parties of this Amendment, the Collateral
Documents and each of the other Loan Documents, and consummation of the transactions contemplated hereby and thereby, (i) do not require any consent or approval of, registration or filing (other than financing statements) with, or any other
action by, any Governmental Authority, except such as have been obtained or made and are in full force and effect and except for other obligations to be completed pursuant to Section 5.11 hereof, (ii) will not violate any applicable
law or regulation or the charter, by-laws or other organizational documents of any Loan Party or any order of any Governmental Authority, (iii) will not violate or result in a default under any indenture, agreement or other instrument binding
upon any Loan Party or its assets, or give rise to a right thereunder to require any payment to be made by any Loan Party (except for payments made pursuant to and in connection with the Loan Documents) and (iv) will not result in the creation
or imposition of any Lien on any asset of any Loan Party, except Liens created by the Collateral Documents. 
 SECTION 12.
Effectiveness. This Amendment shall become effective as of the date first written above upon the satisfaction of the following conditions: 
 (a) The Administrative Agent shall have received counterparts of this Amendment duly executed and delivered by (i) the Borrower, (ii) the Guarantors, (iii) the Required Lenders and (iv) the Administrative Agent.

 (b) The Administrative Agent shall have received counterparts of the Guaranty duly executed and delivered by Heartland Acquisition, LLC, a
Delaware limited liability company. 
 (c) The Administrative Agent shall have received counterparts of the Security Agreement duly executed
and delivered by each Loan Party. 
 (d) All documents and instruments (including any Uniform Commercial Code financing statements) required
to perfect the Administrative Agent’s security interest in the Collateral shall have been executed and delivered and, if applicable, be in proper form for filing; provided that, with respect to any Collateral the security interest in
which may not be perfected by the filing of a Uniform Commercial Code financing statement or possession of such Collateral, if the perfection of the Administrative Agent’s security interest in such Collateral may not be accomplished on or prior
to the Amendment No. 1 Effective Date after the Borrower’s use 

  

 20 

 
of commercially reasonable efforts to do so, then delivery of documents and instruments for perfection of such security interest shall not constitute a
condition precedent to the effectiveness of this Amendment, but such requirement to create a perfected security interest in such Collateral shall be satisfied after the Amendment No. 1 Effective Date in accordance with Sections 5.10 and
5.11 of the Credit Agreement. 
 (e) The Administrative Agent shall have received a perfection certificate from the Borrower, executed
by a Financial Officer of the Borrower and dated a recent date prior to the Amendment No. 1 Effective Date, in form and substance reasonably satisfactory to the Administrative Agent. 
 (f) The Administrative Agent shall have received a certificate, dated the Amendment No. 1 Effective Date and signed by the President, a Vice
President or a Financial Officer of the Borrower, in form and substance reasonably satisfactory to the Administrative Agent, certifying that the representations and warranties set forth in Section 11 of this Amendment are true and
correct as of the Amendment No. 1 Effective Date. 
 (g) The Administrative Agent shall have received for each of the Loan Parties:

 (i) a copy of such Loan Party’s charter, by-laws and other similar organizational documents, as amended up to and
including the Amendment No. 1 Effective Date (or a certification that there have been no changes to such documents since the Effective Date), (1) certified (to the extent such certification can be obtained) as of a recent date by the
applicable Governmental Authority of such Loan Party’s jurisdiction of incorporation, organization or formation, and (2) certified as of the Amendment No. 1 Effective Date by the secretary or assistant secretary of such Loan Party or
the President, a Vice President or a Financial Officer of such Loan Party as being in full force and effect without further modification or amendment; 
 (ii) a good standing certificate or certificate of status from the applicable Governmental Authority of such Loan Party’s jurisdiction of incorporation, organization or formation, each dated a recent date prior
to the Amendment No. 1 Effective Date; 
 (iii) signature and incumbency certificates of the officers of such Loan Party
executing the Loan Documents to which it is a party, dated as of the Amendment No. 1 Effective Date; and 
 (iv) duly
adopted resolutions of the board of directors or similar governing body of such Loan Party approving and authorizing the execution, delivery and performance of this Amendment and the other Loan Documents to which it is a party or by which it or its
assets may be bound as of the Amendment No. 1 Effective Date, certified as of the Amendment No. 1 Effective Date by the secretary or assistant secretary of such Loan Party or the President, a Vice President or a Financial Officer of such
Loan Party, as being in full force and effect without modification or amendment. 
 (h) The Administrative Agent shall have received all
other amounts due and payable by the Loan Parties on or prior to the date hereof, including, to the extent invoiced, all fees, charges and disbursements of outside counsel for the Administrative Agent required to be reimbursed or paid by the
Borrower hereunder or under any other Loan Document. 
  

 21 

 (i) The Administrative Agent, on behalf of itself and the Lenders executing this Amendment, shall have
received a non-refundable amendment fee in the amount of (i) in the case of a Revolving Credit Lender, 25 basis points of such Lender’s Revolving Credit Commitment and (ii) in the case of a Term Lender, 25 basis points of such
Lender’s aggregate unpaid principal amount of Term Loans outstanding as of the Amendment No. 1 Effective Date (the “Amendment Fee”). 
 (j) The Administrative Agent shall have received such other certificates, documents, instruments and agreements as the Administrative Agent or counsel to the Administrative Agent shall reasonably request. 

SECTION 13. Effect of Amendment. From and after the effectiveness of this Amendment, each reference to “hereof’,
“hereunder”, “herein” and “hereby” and each other similar reference and each reference to “this Agreement” and each other similar reference contained in the Credit Agreement shall refer to the Credit Agreement
as amended by this Amendment. Except as expressly set forth herein, this Amendment shall not by implication or otherwise limit, impair, constitute a waiver of or otherwise affect the rights and remedies of the Lenders under the Credit Agreement or
under any other Loan Document, and shall not alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the Credit Agreement or any other Loan Document, all of which are ratified and
affirmed in all respects and shall continue in full force and effect. This Amendment shall constitute a Loan Document for all purposes of the Credit Agreement and the other Loan Documents. 
 SECTION 14. Confirmation of Loan Documents. The terms, provisions, conditions and covenants of the Credit Agreement, as amended by this Amendment,
and the other Loan Documents remain in full force and effect and are hereby ratified and confirmed, and the execution, delivery and performance of this Amendment shall not, except as expressly set forth in this Amendment, operate as a waiver of,
consent to or amendment of any term, provision, condition or covenant thereof. Without limiting the generality of the foregoing, nothing contained herein shall be deemed (a) except as expressly set forth herein, to constitute a waiver of
compliance or consent to noncompliance by the Borrower or any Subsidiary with respect to any term, provision, condition or covenant of the Credit Agreement or any other Loan Document; (b) to prejudice any right or remedy that the Administrative
Agent or any Lender may now have or may have in the future under or in connection with the Credit Agreement or any other Loan Document; or (c) except as expressly set forth herein, to constitute a waiver of compliance or consent to
noncompliance by the Borrower or any Subsidiary with respect to the terms, provisions, conditions and covenants of the Credit Agreement and the other Loan Documents made the subject hereof. The Borrower represents and acknowledges that it has no
claims, counterclaims, offsets, credits or defenses to the Loan Documents or the performance of its obligations thereunder. 
 SECTION 15.
Ratification of Guaranty. Each Guarantor hereby ratifies and confirms its Guaranty and each Guarantor hereby represents and acknowledges that it has no claims, 

  

 22 

 
counterclaims, offsets, credits or defenses to the Loan Documents or the performance of its obligations thereunder. Furthermore, each Guarantor agrees that
nothing contained in this Amendment shall adversely affect any right or remedy of the Administrative Agent or the Lenders under its respective Guaranty. Each Guarantor agrees that all references in such Guaranty to either the “Guaranteed
Obligations” or the “Guarantied Obligations”, as applicable, shall include, without limitation, all of the obligations of the Borrower to the Administrative Agent and the Lenders under the Credit Agreement, as amended by this
Amendment. Finally, each Guarantor hereby represents and warrants that the execution and delivery of this Amendment and the other Loan Documents executed in connection herewith shall in no way change or modify its obligations as a guarantor, debtor,
pledgor, assignor, obligor and/or grantor under its respective Guaranty and shall not constitute a waiver by the Administrative Agent or the Lenders of any of their rights against such Guarantor. 
 SECTION 16. Governing Law. This Amendment shall be governed by and construed in accordance with the laws of the State of New York. 
 SECTION 17. Fees and Expenses. The Borrower agrees to pay on demand all out-of-pocket costs and reasonable expenses of the Administrative Agent in
connection with the negotiation, preparation, execution, and delivery of this Amendment and the other documents prepared in connection herewith, including, without limitation, the fees and out-of-pocket expenses of external counsel for the
Administrative Agent. 
 SECTION 18. Counterparts. This Amendment may be executed in any number of counterparts and by any combination
of the parties hereto in separate counterparts, each of which counterparts shall be an original and all of which taken together shall constitute one and the same Amendment. Delivery of this Amendment may be made by telecopy or electronic
transmission of a duly executed counterpart copy hereof; provided that any such delivery by electronic transmission shall be effective only if transmitted in .pdf format, .tif format or other format in which the text is not readily modifiable
by any recipient thereof. 
 SECTION 19. Headings. Section and subsection headings in this Amendment are for convenience of reference
only, and are not part of, and are not to be taken into consideration in interpreting, this Amendment. 
 SECTION 20. FINAL AGREEMENT.
THIS AMENDMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS
BETWEEN THE PARTIES. 
 [Remainder of Page Intentionally Left Blank; Signature Pages Follow] 
  

 23 

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

			
	BORROWER:
	
	HEARTLAND PAYMENTS SYSTEMS, INC.
		
	By:	 	 /s/ Robert H.B. Baldwin, Jr.

	Name:	 	Robert H.B. Baldwin, Jr.
	Title:	 	President & Chief Financial Officer

 Signature Page to Amendment No. 1 and Limited Waiver 

			
	 JPMORGAN CHASE BANK, N.A.,
 as
Administrative Agent, Swingline Lender, Issuing Bank and as a Lender

		
	By:	 	 /s/ John A. Horst

	Name:	 	John A. Horst
	Title:	 	Vice President

 Signature Page to Amendment No. 1 and Limited Waiver 

			
	 SUNTRUST BANK,
 as a
Lender

		
	By:	 	 /s/ Tim O’Leary

	Name:	 	Tim O’ Leary
	Title:	 	Managing Director

 Signature Page to Amendment No. 1 and Limited Waiver 

			
	 KEYBANK NATIONAL ASSOCIATION,
 as a
Lender

		
	By:	 	 /s/ Thomas A. Crandell

	Name:	 	Thomas A. Crandell
	Title:	 	SVP

 Signature Page to Amendment No. 1 and Limited Waiver 

 Each of the undersigned, as Guarantors, hereby (a) acknowledges this Amendment, and (b) makes
the representations, warranties, confirmations and agreements set forth in Sections 11, 14 and 15 of this Amendment. 
  

			
	THE HEARTLAND PAYROLL COMPANY, L.L.C.
		
	By:	 	 /s/ Steven B. Gamary

	Name:	 	Steven B. Gamary
	Title:	 	Chief Financial Officer
	
	DEBITEK, INC.
		
	By:	 	 /s/ Ron Farmer

	Name:	 	Ron Farmer
	Title:	 	President
	
	HEARTLAND ACQUISITION, LLC
		
	By:	 	 /s/ Robert H.B. Baldwin, Jr.

	Name:	 	Robert H.B. Baldwin, Jr.
	Title:	 	President & Chief Financial Officer

 Signature Page to Amendment No. 1 and Limited Waiver 

 Schedule 5.11 
 POST-CLOSING MATTERS 
 1. Within 5 Business Days after the Amendment No. 1 Effective Date (or such
longer period of time as the Administrative Agent in its sole discretion shall permit), the Administrative Agent shall have received (i) to the extent the Equity Interests pledged pursuant to the Security Agreement are certificated, the
certificates representing such Equity Interests, together with an undated stock power for each such certificate executed in blank by the pledgor thereof (or such other instrument of transfer required under local law), and (ii) any instruments
evidencing any Indebtedness owed to any Loan Party pledged pursuant to the Security Agreement, indorsed in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof if such Indebtedness has a principal outstanding amount in
excess of $250,000. 
 2. Within 5 Business Days after the Amendment No. 1 Effective Date (or such longer period of time as the
Administrative Agent in its sole discretion shall permit), the Administrative Agent shall have received a favorable written opinion (addressed to the Administrative Agent and the Lenders and dated the Amendment No. 1 Effective Date) of Goodwin
Procter LLP, counsel for the Loan Parties, covering such matters relating to the Loan Parties, this Amendment, the Credit Agreement as amended by this Amendment, the Guaranties and the Collateral Documents as the Required Lenders shall reasonably
request. The Loan Parties request such counsel to deliver such opinion. 
 3. Within 60 days after the Amendment No. 1 Effective Date
(or such longer period of time as the Administrative Agent in its sole discretion shall permit), the Administrative Agent shall have received such deposit account control agreements, each in form and substance reasonably satisfactory to the
Administrative Agent, as are necessary to ensure that each Specified Deposit Account of the Loan Parties is subject to the “control” (within the meaning of Section 9-104 of the Uniform Commercial Code) of the Administrative Agent. For
purposes hereof, “Specified Deposit Accounts” means each Deposit Account (as defined in the Security Agreement) subject to the requirements of Section 4.14(a) of the Security Agreement. 
 4. Within 45 days after the Amendment No. 1 Effective Date (or such longer period of time as the Administrative Agent in its sole discretion shall
permit), the Borrower shall (i) execute and deliver to the Administrative Agent the Service Center Mortgage, subject only to Liens permitted by Section 6.02 of the Credit Agreement and (ii) cause its counsel to deliver to the
Administrative Agent an opinion with respect to the Service Center Mortgage in form and substance reasonably acceptable to the Administrative Agent. 
 5. Within 30 days after the Amendment No. 1 Effective Date (or such longer period of time as the Administrative Agent in its sole discretion shall permit), the Borrower shall deliver to the Administrative Agent
evidence that all insurance required to be maintained pursuant to the Loan Documents has been obtained and is in effect, together with certificates of insurance and endorsements, naming the Administrative Agent, on behalf of the Secured Parties, as
an additional insured (with respect to liability policies) or loss payee (with respect to property policies), as the case may be, under all insurance policies maintained with respect to the assets and properties of the Loan Parties that constitute
Collateral. 

 Schedule 6.02 
 EXISTING LIENS 
 1. Lien on certain office equipment of Heartland Payment Systems in favor of Vencore
Solutions LLC, purportedly perfected by the filing of UCC # 1641164 with the Delaware Secretary of State on May 12, 2008, as amended by the filing of UCC # 0778719 with the Delaware Secretary of State on March 11, 2009. 
 2. Lien on certain office equipment of Heartland Payment Systems in favor of Vencore Solutions LLC, purportedly perfected by the filing of UCC # 2132056
with the Delaware Secretary of State on June 20, 2008, as amended by the filing of UCC # 0778644 with the Delaware Secretary of State on March 11, 2009. 
 3. Lien on certain office equipment of Heartland Payment Systems in favor of Vencore Solutions LLC, purportedly perfected by the filing of UCC # 2637567 with the Delaware Secretary of State on August 1, 2008, as
amended by the filing of UCC # 0778511 with the Delaware Secretary of State on March 11, 2009. 
 4. Lien on certain office equipment of
Heartland Payment Systems in favor of Vencore Solutions LLC, purportedly perfected by the filing of UCC # 2832739 with the Delaware Secretary of State on August 19, 2008, as amended by the filing of UCC # 0778388 with the Delaware Secretary of
State on March 11, 2009. 
 5. Lien on certain office equipment of Heartland Payment Systems in favor of Forsythe/McArthur Associates,
Inc., purportedly perfected by the filing of UCC # 1468493 with the Delaware Secretary of State on April 24, 2008. 
 6. Lien on certain
copy machines of The Heartland Payroll Company, L.L.C. in favor of American Financial Resources, purportedly perfected by the filing of UCC # OH00099938751 with the Ohio Secretary of State on March 21, 2006. 
 7. Lien on certain copy machines of The Heartland Payroll Company, L.L.C. in favor of American Financial Resources, purportedly perfected by the filing
of UCC # OH00123869321 with the Ohio Secretary of State on February 14, 2008.Pledge and Security Agreement

 Exhibit 10.51 
 PLEDGE AND SECURITY AGREEMENT 
 THIS PLEDGE AND SECURITY AGREEMENT (as it may be amended or modified
from time to time, this “Security Agreement”) is entered into as of August 3, 2009, by and among Heartland Payment Systems, Inc., a Delaware corporation (the “Borrower”), The Heartland Payroll Company, L.L.C.,
an Ohio limited liability company (“Payroll”), Debitek, Inc., a Delaware corporation (“Debitek”), Heartland Acquisition, LLC, a Delaware limited liability company (“Heartland Acquisition” and,
together with Payroll and Debitek, collectively, the “Guarantors”), and JPMorgan Chase Bank, N.A., in its capacity as administrative agent (in such capacity, together with its successors and assigns, the “Administrative
Agent”) for the lenders from time to time party to the Credit Agreement referred to below (collectively, the “Lenders”). 
 PRELIMINARY STATEMENTS 
 The Borrower, the Administrative Agent and the Lenders are party to that certain Amended and
Restated Credit Agreement dated as of May 30, 2008 (as amended by the Amendment referred to below, and as the same may be further amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”).

 The Guarantors have executed those certain Guaranties (as defined in the Credit Agreement), pursuant to which they have guaranteed the
Secured Obligations (as hereinafter defined). 
 The Borrower, the Administrative Agent and the Lenders party thereto are entering into that
certain Amendment No. 1 and Limited Waiver dated as of the date hereof (the “Amendment”). 
 The Borrower and the
Guarantors (collectively, the “Grantors”) are entering into this Security Agreement in order to induce the Lenders to enter into the Amendment and to secure the Secured Obligations. 
 ACCORDINGLY, the Grantors and the Administrative Agent, on behalf of the Secured Parties, hereby agree as follows: 
 ARTICLE I 
 DEFINITIONS

 1.1. Terms Defined in Credit Agreement. All capitalized terms used herein and not otherwise defined shall have the meanings
assigned to such terms in the Credit Agreement. 
 1.2. Terms Defined in UCC. Terms defined in the UCC (as hereinafter defined) that
are not otherwise defined in this Security Agreement are used herein as defined in the UCC. 
 1.3. Definitions of Certain Terms Used
Herein. As used in this Security Agreement, in addition to the terms defined in the introductory paragraph and the Preliminary Statements of this Security Agreement, the following terms shall have the following meanings: 
 “Accounts” shall have the meaning set forth in Article 9 of the UCC. 

 “Article” means a numbered article of this Security Agreement, unless another document
is specifically referenced. 
 “Chattel Paper” shall have the meaning set forth in Article 9 of the UCC. 
 “Collateral” means all (a) Accounts; (b) Chattel Paper (including, without limitation, electronic chattel paper and tangible
chattel paper); (c) Commercial Tort Claims; (d) Copyrights, Patents, Trademarks and Licenses; (e) Deposit Accounts; (f) Documents; (g) Equipment; (h) Fixtures; (i) General Intangibles; (j) Goods;
(k) Instruments; (l) Inventory; (m) Investment Property; (n) Money; (o) letters of credit, Letter-of-Credit Rights and Supporting Obligations; (p) Commodities Accounts, (q) Securities Accounts and (r) all
accessions to, substitutions for and replacements, Proceeds, Stock Rights, insurance proceeds and products of the foregoing, together with all books and Records, customer lists, credit files, computer files, programs, printouts and other computer
materials and Records related thereto and any General Intangibles at any time evidencing or relating to any of the foregoing. 
 “Collateral Access Agreement” means any landlord waiver or other agreement, in form and substance reasonably satisfactory to the Administrative Agent, between the Administrative Agent and any third party (including any
bailee, consignee, customs broker, or other similar Person) in possession of any Collateral or any landlord of any Grantor for any real property where any Collateral is located, as such landlord waiver or other agreement may be amended, restated, or
otherwise modified from time to time. 
 “Commercial Tort Claims” shall have the meaning set forth in Article 9 of the UCC
and shall include those claims listed on Schedule 1 attached hereto. 
 “Commodity Account” shall have the meaning
set forth in Article 9 of the UCC. 
 “Control” shall have the meaning set forth in Article 8 or, if applicable, in
Section 9-104, 9-105, 9-106 or 9-107 of Article 9 of the UCC. 
 “Copyrights” means, with respect to any Person, all of
such Person’s right, title, and interest in and to the following: (a) all copyrights, rights and interests in copyrights, works protectable by copyright, copyright registrations, and copyright applications; (b) all renewals of any of
the foregoing; (c) all income, royalties, damages, and payments now or hereafter due and/or payable under any of the foregoing, including, without limitation, damages or payments for past or future infringements for any of the foregoing;
(d) the right to sue for past, present, and future infringements of any of the foregoing; and (e) all rights corresponding to any of the foregoing throughout the world. 
 “Deposit Account Control Agreement” means an agreement, in form and substance reasonably satisfactory to the Administrative Agent, among
a Grantor, a banking or financial institution with which a Deposit Account is maintained, and the Administrative Agent, which agreement grants the Administrative Agent Control of such Deposit Account and all deposits and balances held in such
Deposit Account. 

 “Deposit Accounts” shall have the meaning set forth in Article 9 of the UCC. 

“Documents” shall have the meaning set forth in Article 9 of the UCC. 
 “Equipment” shall have the meaning set forth in Article 9 of the UCC. 
 “Exhibit” refers to a specific exhibit to this Security Agreement, unless another document is specifically referenced. 
 “Fixtures” shall have the meaning set forth in Article 9 of the UCC. 
 “General Intangibles” shall have the meaning set forth in Article 9 of the UCC. 
 “Goods” shall have the meaning set forth in Article 9 of the UCC. 
 “Instruments” shall have the meaning set forth in Article 9 of the UCC. 
 “Inventory” shall have the meaning set forth in Article 9 of the UCC. 
 “Investment Property” shall have the meaning set forth in Article 9 of the UCC. 
 “Letter-of-Credit Rights” shall have the meaning set forth in Article 9 of the UCC. 
 “Licenses” means, with respect to any Person, all of such Person’s right, title, and interest in and to (a) any and all
licensing agreements or similar arrangements in and to its Patents, Copyrights, or Trademarks, (b) all income, royalties, damages, claims, and payments now or hereafter due or payable under and with respect thereto, including, without
limitation, damages and payments for past and future breaches thereof, and (c) all rights to sue for past, present, and future breaches thereof. 
 “Money” shall have the meaning set forth in Article 1 of the UCC. 
 “Patents” means, with respect to any Person, all of such Person’s right, title, and interest in and to: (a) any and all patents and patent applications; (b) all inventions and improvements described and
claimed therein; (c) all reissues, divisions, continuations, renewals, extensions, and continuations-in-part thereof; (d) all income, royalties, damages, claims, and payments now or hereafter due or payable under and with respect thereto,
including, without limitation, damages and payments for past and future infringements thereof; (e) all rights to sue for past, present, and future infringements thereof; and (f) all rights corresponding to any of the foregoing throughout
the world. 
 “Pledged Collateral” means all Instruments, Securities and other Investment Property of each of the Grantors,
whether or not physically delivered to the Administrative Agent pursuant to this Security Agreement. 
 “Proceeds” shall
have the meaning set forth in Article 9 of the UCC. 

 “Receivables” means the Accounts, Chattel Paper, Documents, Investment Property,
Instruments and any other rights or claims to receive money that are General Intangibles or which are otherwise included as Collateral. 
 “Records” shall have the meaning set forth in Article 9 of the UCC. 
 “Section” means a numbered
section of this Security Agreement, unless another document is specifically referenced. 
 “Secured Obligations” means, with
respect to the Borrower, all “Obligations” as defined in the Credit Agreement and, with respect to each Guarantor, all “Guaranteed Obligations” as defined in the Guaranty executed by such Guarantor. 
 “Secured Parties” means the holders from time to time of the Secured Obligations. 
 “Securities Account” shall have the meaning set forth in Article 8 of the UCC. 
 “Security” has the meaning set forth in Article 8 of the UCC. 
 “Stock Rights” means all dividends, instruments or other distributions and any other right or property that any Grantor shall receive or
shall become entitled to receive for any reason whatsoever with respect to, in substitution for or in exchange for any Equity Interest constituting Collateral, any right to receive an Equity Interest and any right to receive earnings, in which such
Grantor now has or hereafter acquires any right, issued by an issuer of such Equity Interest. 
 “Supporting Obligations”
shall have the meaning set forth in Article 9 of the UCC. 
 “Trademarks” means, with respect to any Person, all of such
Person’s right, title, and interest in and to the following: (a) all trademarks (including service marks), trade names, trade dress, and trade styles and the registrations and applications for registration thereof and the goodwill of the
business symbolized by the foregoing; (b) all licenses of the foregoing, whether as licensee or licensor; (c) all renewals of the foregoing; (d) all income, royalties, damages, and payments now or hereafter due or payable with respect
thereto, including, without limitation, damages, claims, and payments for past and future infringements thereof; (e) all rights to sue for past, present, and future infringements of the foregoing, including the right to settle suits involving
claims and demands for royalties owing; and (f) all rights corresponding to any of the foregoing throughout the world. 
 “UCC” means the Uniform Commercial Code, as in effect from time to time, of the State of New York or of any other state the laws of which are required as a result thereof to be applied in connection with the attachment,
perfection or priority of, or remedies with respect to, the Administrative Agent’s Lien on any Collateral. 
 The foregoing definitions
shall be equally applicable to both the singular and plural forms of the defined terms. 

 ARTICLE II 
 GRANT OF SECURITY INTEREST 
 2.1. Assignment and Grant of Security Interest. As security for
the payment and performance, as the case may be, in full of the Secured Obligations, each Grantor hereby assigns to, and pledges and grants to the Administrative Agent, for its benefit and the ratable benefit of the Secured Parties, a security
interest in the entire right, title, and interest of such Grantor in and to all Collateral of such Grantor, whether now or hereafter existing, owned, arising or acquired. Notwithstanding anything to the contrary contained herein, the security
interests granted under this Security Agreement shall not extend to any lease, license or other contract of a Grantor if the grant of a security interest in such lease, license or contract in the manner contemplated by this Security Agreement is
prohibited by the terms of such lease, license or contract or by applicable law and would result in the termination of such lease, license or contract or give the other parties thereto the right to terminate, accelerate or otherwise adversely alter
such Grantor’s rights, titles and interests thereunder (including upon the giving of notice or the lapse of time or both); provided that any such limitation described above on the security interests granted hereunder shall only apply to
the extent that any such prohibition could not be rendered ineffective pursuant to the UCC or any other applicable law. Notwithstanding anything to the contrary contained herein, the amount of Equity Interests in any First Tier Foreign Subsidiary
pledged by such Grantor hereunder shall be (i) no more than 66% of the issued and outstanding Equity Interests entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) in such First Tier Foreign Subsidiary and
(ii) 100% of the issued and outstanding Equity Interests not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) in such First Tier Foreign Subsidiary. 
 2.2. Grantor Remains Liable. Anything herein to the contrary notwithstanding, (a) each Grantor shall remain liable with respect to and under
all Collateral, (b) the exercise by the Administrative Agent or any other Secured Party of any of the rights hereunder shall not release any Grantor from any of its duties or obligations with respect to or under any Collateral, and
(c) neither the Administrative Agent nor any other Secured Party shall have any obligation or liability with respect to or under any Collateral by reason of this Agreement, nor shall the Administrative Agent or any other Secured Party be
obligated to perform any of the obligations or duties of any Grantor thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. Without limiting the generality of the foregoing, nothing contained in this
Security Agreement shall be construed as rendering the Administrative Agent or any other Secured Party liable, directly or indirectly, for any obligations of any Grantor under any agreement, instrument, permit, lease, license or other document
subject to the Lien hereof, or any judgment, decree or order of any governmental authority. Until an Event of Default shall occur and be continuing, except as otherwise provided in this Security Agreement, the Credit Agreement or other Loan
Documents, Grantors shall have the right to possession and enjoyment of the Collateral for the purpose of conducting the ordinary course of their respective businesses, subject to and upon the terms hereof and of the Credit Agreement and the other
Loan Documents. 
 2.3. Delivery of Security and Instrument Collateral. All certificates or Instruments constituting or evidencing the
Collateral shall be delivered to and held by or on behalf of the Administrative Agent pursuant hereto and shall be in suitable form for transfer by delivery, or 

 
shall be accompanied by undated and duly executed instruments of transfer or assignment in blank, all in form and substance satisfactory to the
Administrative Agent. Except as set forth in Section 4.6, it is the intention of the parties hereto that record and beneficial ownership of such certificates, Instruments or any Pledged Collateral, including all voting, consensual, and
dividend rights, shall remain in the applicable Grantor until the occurrence and during the continuation of an Event of Default and until the Administrative Agent shall notify the applicable Grantor of the Administrative Agent’s exercise of
voting, consensual, or dividend rights with respect to such certificates, Instruments or Pledged Collateral or of its intent to transfer to or to register in the name of the Administrative Agent or any of its nominees any or all of such Collateral;
provided that no such notice shall be required if an Event of Default has occurred under Sections 7.01(h) or 7.01(i) of the Credit Agreement. In addition, the Administrative Agent has the right at any time to exchange
certificates or instruments representing or evidencing Collateral for certificates or instruments of smaller or larger denominations. 
 ARTICLE III 
 REPRESENTATIONS AND WARRANTIES 
 Each Grantor represents and warrants to the Administrative Agent and the other Secured Parties with respect to itself and the Collateral owned by it
that: 
 3.1. Title, Perfection and Priority. Each Grantor has good and valid rights in or the power to transfer the Collateral and
title to the Collateral with respect to which it has purported to grant a security interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1(e), and has full power and authority to grant to the
Administrative Agent the security interest in such Collateral pursuant hereto. When a financing statement listing such Grantor as debtor, the Administrative Agent as secured party and describing the Collateral (or describing the Collateral as
“all assets of Grantor” or words of similar effect) has been filed with the Secretary of State (or other similar Governmental Authority) of the state of organization of such Grantor listed in Section 1 of the Perfection
Certificate, the Administrative Agent will have a fully perfected first priority security interest in the Collateral of each Grantor in which a security interest may be perfected by filing a financing statement, subject only to Liens permitted under
Section 4.1(e). 
 3.2. Type and Jurisdiction of Organization, Organizational and Identification Numbers. The type of
entity of each Grantor, its state of organization, the organizational number issued to it by its state of organization and its federal employer identification number are set forth in Section 1 of the Perfection Certificate. 

3.3. Principal Location. Each Grantor’s mailing address and the location of its place of business (if it has only one) or its chief
executive office (if it has more than one place of business), are disclosed in Section 2(a) of the Perfection Certificate. 
 3.4. Deposit Accounts and Securities Accounts. Each Grantor’s Deposit Accounts and Securities Accounts are listed in Section 2(f) of the Perfection Certificate (other than payroll processing accounts for third
parties, remote deposit capture processing accounts and card processing accounts). 

 3.5. Exact Names. The name in which each Grantor has executed this Security Agreement is the exact
name as it appears in such Grantor’s organizational documents, as amended, as filed with such Grantor’s jurisdiction of organization. 
 3.6. Intellectual Property. No Grantor has any interest in, or title to, any Patent, Trademark or Copyright except as set forth in Exhibit A, other than Patents, Trademarks or Copyrights that are not material to the conduct of
such Grantor’s business or operations. This Security Agreement is effective to create a valid and continuing Lien and, upon filing of appropriate financing statements in the offices referenced in Section 3.1 and this Security
Agreement with the United States Copyright Office and the United States Patent and Trademark Office, fully perfected first priority security interests in favor of the Administrative Agent (for the benefit of the Administrative Agent and the other
Secured Parties) on each Grantor’s Patents, Trademarks and Copyrights; such perfected security interests are enforceable as such as against any and all creditors of and purchasers from each Grantor; and all action necessary or desirable to
protect and perfect the Administrative Agent’s Lien on each Grantor’s Patents, Trademarks or Copyrights shall have been duly taken. 
 3.7. Filing Requirements. None of the Equipment is covered by any certificate of title, except for vehicles with an aggregate value not in excess of $1,000,000. None of the Collateral is of a type for which security interests or
liens may be perfected by filing under any federal statute except for (a) vehicles and (b) Patents, Trademarks and Copyrights held by the Grantors as set forth in Section 3.6. 
 3.8. No Financing Statements, Security Agreements. No financing statement or security agreement describing all or any portion of the Collateral
which has not lapsed or been terminated naming any Grantor as debtor has been filed or is of record in any jurisdiction except (a) for financing statements or security agreements naming the Administrative Agent as the secured party on behalf of
the Secured Parties and (b) as permitted by Section 4.1(e). 
 3.9. Pledged Collateral. 
 (a) Schedules 9 and 10 to the Perfection Certificate set forth a complete and accurate list of all of the Pledged Collateral (other than
Instruments with an outstanding amount of less than $250,000). Each Grantor is the direct, sole beneficial owner and sole holder of record of the Pledged Collateral listed on Schedules 9 and 10 to the Perfection Certificate as being
owned by it, free and clear of any Liens, except for the security interest granted to the Administrative Agent for the benefit of itself and the other Secured Parties hereunder. Each Grantor further represents and warrants that (i) all Pledged
Collateral constituting an Equity Interest has been (to the extent such concepts are relevant with respect to such Pledged Collateral) duly authorized and validly issued, and is fully paid and non-assessable, (ii) with respect to any
certificates delivered to the Administrative Agent representing an Equity Interest, either such certificates are Securities as defined in Article 8 of the UCC as a result of actions by the issuer or otherwise, or, if such certificates are not
Securities, the Grantor has so informed the Administrative Agent so that the Administrative Agent may take steps to perfect its security interest therein as a General Intangible, (iii) if requested by the Administrative Agent, all Pledged
Collateral held by a securities intermediary is covered by a control agreement among the Grantor, the securities intermediary and the Administrative Agent pursuant to which the 

 
Administrative Agent has Control and (iv) with respect to all Pledged Collateral which represents Indebtedness owed to any Grantor, (a) such
Pledged Collateral has been duly authorized, authenticated or issued and delivered by the issuer of such Indebtedness and is the legal, valid and binding obligation of such issuer; and (b) such issuer is not in default thereunder. 

(b) In addition, (i) none of the Pledged Collateral has been issued or transferred in violation of the securities registration, securities
disclosure or similar laws of any jurisdiction to which such issuance or transfer may be subject, (ii) there are existing no options, warrants, calls or commitments of any character whatsoever relating to the Pledged Collateral or which
obligate the issuer of any Equity Interest included in the Pledged Collateral to issue additional Equity Interests, and (iii) no consent, approval, authorization, or other action by, and no giving of notice to or, filing with, any governmental
authority or any other Person is required for the pledge by any Grantor of the Pledged Collateral pursuant to this Security Agreement or for the execution, delivery and performance of this Security Agreement by any Grantor, or for the exercise by
the Administrative Agent of the voting or other rights provided for in this Security Agreement or for the remedies in respect of the Pledged Collateral pursuant to this Security Agreement, except as may be required in connection with such
disposition by laws affecting the offering and sale of securities generally. 
 ARTICLE IV 
 COVENANTS 
 From the date of this
Security Agreement, and thereafter until this Security Agreement is terminated, each Grantor agrees that: 
 4.1. General. 

(a) Collateral Records. Each Grantor will maintain complete and accurate books and Records with respect to the Collateral, and furnish to the
Administrative Agent, with sufficient copies for each of the Secured Parties, such reports relating to the Collateral as the Administrative Agent shall from time to time reasonably request. 
 (b) Authorization to File Financing Statements; Ratification. Each Grantor hereby authorizes the Administrative Agent to file, and if requested
will deliver to the Administrative Agent, all financing statements and other documents and take such other actions as may from time to time be reasonably requested by the Administrative Agent in order to maintain a first priority perfected security
interest in and, if applicable, Control of, the Collateral. Any financing statement relating to any Grantor filed by the Administrative Agent may be filed in any filing office in any UCC jurisdiction and may (i) indicate the Collateral
(1) as all assets of such Grantor or words of similar effect, regardless of whether any particular asset comprised in the Collateral falls within the scope of Article 9 of the UCC or such jurisdiction, or (2) by any other description which
reasonably approximates the description contained in this Security Agreement, and (ii) contain any other information required by part 5 of Article 9 of the UCC for the sufficiency or filing office acceptance of any financing statement or
amendment, including (A) whether such Grantor is an organization, the type of organization and any organization identification number issued to such Grantor, and (B) in the case of a financing statement filed as a fixture filing or
indicating Collateral as as-extracted collateral or timber to be cut, a sufficient description of real property to which the Collateral relates. Each Grantor also agrees to furnish any such information to the Administrative Agent promptly upon
request. 

 (c) Further Assurances. Each Grantor will, if so requested by the Administrative Agent, furnish to
the Administrative Agent, as often as the Administrative Agent reasonably requests, statements and schedules further identifying and describing the Collateral and such other reports and information in connection with the Collateral as the
Administrative Agent may reasonably request, all in such detail as the Administrative Agent may reasonably specify. Each Grantor also agrees to take any and all actions necessary to defend title to the Collateral against all persons and to defend
the security interest of the Administrative Agent in the Collateral and the priority thereof against any Lien not expressly permitted hereunder. 
 (d) Disposition of Collateral. Each Grantor will not sell, lease or otherwise dispose of the Collateral except for dispositions specifically permitted pursuant to Section 6.11 of the Credit Agreement. 
 (e) Liens. Each Grantor will not create, incur, or suffer to exist any Lien on the Collateral owned by such Grantor except (i) the security
interests created by this Security Agreement and (ii) Liens permitted by Section 6.02 of the Credit Agreement. 
 (f)
Other Financing Statements. Each Grantor will not authorize the filing of any financing statement naming it as debtor covering all or any portion of the Collateral, except as permitted by Section 4.1(e). Each Grantor acknowledges
that it is not authorized to file any financing statement or amendment or termination statement with respect to any financing statement without the prior written consent of the Administrative Agent, subject to such Grantor’s rights under
Section 9-509(d)(2) of the UCC. 
 (g) Locations. Each Grantor will not, without thirty (30) days prior written notice,
change its principal place of business or chief executive office from the location identified in Section 2(a) of the Perfection Certificate. 
 4.2. Receivables. 
 (a) Certain Agreements on Receivables. Each Grantor will not, without the
consent of the Administrative Agent, not to be unreasonably withheld, make or agree to make any discount, credit, rebate or other reduction in the original amount owing on a Receivable or accept in satisfaction of a Receivable less than the original
amount thereof, except that, prior to the occurrence of an Event of Default, the Grantor may reduce the amount of Accounts arising from the sale of Inventory in accordance with its present policies and in the ordinary course of business. 

(b) Collection of Receivables. Except as otherwise provided in this Security Agreement, each Grantor will collect and enforce, at such
Grantor’s sole expense, all amounts due or hereafter due to such Grantor under the Receivables. 
 (c) Delivery of Invoices. Each
Grantor will deliver to the Administrative Agent promptly upon its reasonable request after the occurrence and during the continuation of an Event of Default duplicate invoices with respect to each Account of such Grantor bearing such language of
assignment as the Administrative Agent shall specify. 

 (d) Electronic Chattel Paper. Upon the Administrative Agent’s reasonable request, each
Grantor shall take all steps necessary to grant the Administrative Agent Control of all electronic chattel paper having a value in excess of $250,000 in accordance with the UCC and all “transferable records” as defined in each of the
Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act. 
 4.3. Inventory and
Equipment. 
 (a) Maintenance of Goods. Each Grantor will do all things necessary to maintain, preserve, protect and keep the
Inventory and the Equipment of such Grantor in good repair and working and saleable condition, except for damaged or defective goods arising in the ordinary course of such Grantor’s business and except for ordinary wear and tear in respect of
such Equipment. 
 (b) Titled Vehicles. Upon the Administrative Agent’s request, each Grantor will deliver to the Administrative
Agent the original of any vehicle title certificate and provide and/or file all other documents or instruments necessary to have the Lien of the Administrative Agent granted pursuant to this Security Agreement noted on any such certificate or with
the appropriate state office; provided that, so long as no Event of Default has occurred, no such request shall be made with respect to vehicles having a value less than $1,000,000. 
 4.4. Delivery of Instruments, Securities, Chattel Paper and Documents. Except as otherwise specified in Section 5.11 of the Credit
Agreement, each Grantor will (a) deliver to the Administrative Agent immediately upon execution of this Security Agreement the originals of all Chattel Paper, Securities and Instruments constituting Collateral (if any then exist),
provided that, so long as no Event of Default has occurred, no such delivery shall be required with respect to Chattel Paper and Instruments having a value less than $250,000, (b) hold in trust for the Administrative Agent upon receipt
and immediately thereafter deliver to the Administrative Agent any Chattel Paper, Securities and Instruments constituting Collateral, provided that, so long as no Event of Default has occurred, no such delivery shall be required with respect
to Chattel Paper and Instruments having a value less than $250,000, (c) upon the Administrative Agent’s request, deliver to the Administrative Agent (and thereafter hold in trust for the Administrative Agent upon receipt and immediately
deliver to the Administrative Agent) any Document evidencing or constituting Collateral provided that, so long as no Event of Default has occurred, no such delivery shall be required with respect to Documents having a value less than $250,000
and (d) upon the Administrative Agent’s request, deliver to the Administrative Agent a duly executed amendment to this Security Agreement, in the form of Exhibit B hereto (each, an “Amendment”), pursuant to which
such Grantor will pledge such additional Collateral. Each Grantor hereby authorizes the Administrative Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral set forth in such Amendments shall be
considered to be part of the Collateral. 
 4.5. Uncertificated Pledged Collateral. Each Grantor will permit the Administrative Agent
from time to time to cause the appropriate issuers (and, if held with a securities 

 
intermediary, such securities intermediary) of uncertificated securities or other types of Pledged Collateral not represented by certificates to mark their
books and Records with the numbers and face amounts of all such uncertificated securities or other types of Pledged Collateral not represented by certificates and all rollovers and replacements therefor to reflect the Lien of the Administrative
Agent granted pursuant to this Security Agreement. Each Grantor will take any reasonable actions deemed necessary by the Administrative Agent to cause (a) the issuers of uncertificated securities which are Pledged Collateral and (b) any
securities intermediary which is the holder of any Pledged Collateral, to cause the Administrative Agent to have and retain Control over such Pledged Collateral. Without limiting the foregoing, at the Administrative Agent’s reasonable request,
each Grantor, will, with respect to Pledged Collateral held with a securities intermediary, cause such securities intermediary to enter into a control agreement with the Administrative Agent, in form and substance reasonably satisfactory to the
Administrative Agent, giving the Administrative Agent Control. 
 4.6. Pledged Collateral. 
 (a) Certificated Pledged Collateral. If any Grantor shall at any time hold or acquire any certificated Pledged Collateral, such Grantor shall
forthwith deliver the same to the Administrative Agent, accompanied by such instruments of endorsement, transfer or assignment duly executed in blank as Administrative Agent may from time to time specify; provided that, so long as no Event of
Default has occurred no such delivery shall be required with respect to Instruments having a value less than $250,000. 
 (b) Changes in
Capital Structure of Issuers. Each Grantor will not (i) permit or suffer any issuer of an Equity Interest constituting Pledged Collateral held by such Grantor to dissolve, merge, consolidate with any other entity, or liquidate (except as
permitted by Section 6.03 of the Credit Agreement), retire any of its Equity Interests or other Instruments or Securities evidencing ownership, reduce its capital, sell or encumber all or substantially all of its assets (except for Liens
permitted pursuant to Section 4.1(e) and sales of assets permitted pursuant to Section 4.1(d)) or (ii) vote any Pledged Collateral in favor of any of the foregoing. 
 (c) Issuance of Additional Securities. Each Grantor will not permit or suffer the issuer of an Equity Interest constituting Pledged Collateral
held by such Granter to issue additional Equity Interests, any right to receive the same or any right to receive earnings, except as permitted by Section 6.06 of the Credit Agreement. 
 (d) Registration of Pledged Collateral. Each Grantor will permit any registerable Pledged Collateral to be registered in the name of the
Administrative Agent or its nominee upon the occurrence and during the continuation of an Event of Default. 
 (e) Exercise of Rights in
Pledged Collateral. 
 (i) Without in any way limiting the foregoing and subject to clause (ii) below, each Grantor
shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral for all purposes not inconsistent with this Security Agreement or any of the other Loan Documents; provided that no vote or other right
shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of the Pledged Collateral. 

 (ii) Each Grantor will permit the Administrative Agent or its nominee at any time after
the occurrence of an Event of Default, without notice, to exercise all voting rights or other rights relating to Pledged Collateral, including, without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any
Equity Interest or Investment Property constituting Pledged Collateral as if it were the absolute owner thereof. 
 (iii)
Prior to an Event of Default, each Grantor shall be entitled to collect and receive for its own use all cash dividends and interest paid in respect of the Pledged Collateral to the extent not in violation of the Credit Agreement other than any of
the following distributions and payments (collectively referred to as the “Excluded Payments”): (A) dividends and interest paid or payable other than in cash in respect of any Pledged Collateral, and instruments and other
property received, receivable or otherwise distributed in respect of, or in exchange for, any Pledged Collateral; (B) dividends and other distributions paid or payable in cash in respect of any Pledged Collateral in connection with a partial or
total liquidation or dissolution or in connection with a reduction of capital, capital surplus or paid-in capital of an issuer; and (C) cash paid, payable or otherwise distributed, in respect of principal of, or in redemption of, or in exchange
for, any Pledged Collateral; provided that, until actually paid, all rights to such distributions shall remain subject to the Lien created by this Security Agreement; and 
 (iv) All Excluded Payments whenever paid or made and, during the continuation of any Event of Default, and all other distributions in
respect of any of the Pledged Collateral, whenever paid or made, shall be delivered to the Administrative Agent to hold as Pledged Collateral and shall, if received by any Grantor, be received in trust for the benefit of the Administrative Agent, be
segregated from the other property or funds of such Grantor, and be forthwith delivered to the Administrative Agent as Pledged Collateral in the same form as so received (with any necessary endorsement). 
 4.7. Intellectual Property. 
 (a) Each
Grantor will, upon the Administrative Agent’s request, use commercially reasonable efforts to secure all consents and approvals necessary or appropriate for the assignment to or benefit of the Administrative Agent of any material License held
by such Grantor and to enforce the security interests granted hereunder. 
 (b) Each Grantor shall notify the Administrative Agent promptly
if it knows or has reason to know that any application or registration relating to any Patent, Trademark or Copyright (now or hereafter existing) may become abandoned or dedicated, or of any adverse determination or development (including the
institution of, or any such determination or development in, any proceeding in the United States Patent and Trademark Office, the United States Copyright Office or any court) regarding such Grantor’s ownership of any Patent, Trademark or
Copyright, its right to register the same, or to keep and maintain the same, unless such Grantor shall determine in its reasonable business judgment that such Patent, Trademark or Copyright is not material to the conduct of such Grantor’s
business. 

 (c) In no event shall any Grantor, either directly or through any agent, employee, licensee or designee,
file an application for the registration of any Patent, Trademark or Copyright with the United States Patent and Trademark Office, the United States Copyright Office or any similar office or agency without giving the Administrative Agent prior
written notice thereof, and, upon the request of the Administrative Agent, such Grantor shall execute and deliver any and all security agreements as the Administrative Agent may reasonably request to evidence the Administrative Agent’s first
priority security interest on such Patent, Trademark or Copyright, and the General Intangibles of such Grantor relating thereto or represented thereby. 
 (d) Each Grantor shall take all actions necessary or reasonably requested by the Administrative Agent to maintain and pursue each application, to obtain the relevant registration and to maintain the registration of
each of the Patents, Trademarks and Copyrights (now or hereafter existing), including the filing of applications for renewal, affidavits of use, affidavits of noncontestability and opposition and interference and cancellation proceedings, unless
such Grantor shall determine in its reasonable business judgment that such Patent, Trademark or Copyright is not material to the conduct of such Grantor’s business. 
 (e) Each Grantor shall, unless it shall reasonably determine that such Patent, Trademark or Copyright is not material to the conduct of its business or operations, promptly sue for infringement, misappropriation or
dilution and to recover any and all damages for such infringement, misappropriation or dilution, and shall take such other actions as the Administrative Agent shall deem appropriate under the circumstances to protect such Patent, Trademark or
Copyright. In the event that any Grantor institutes suit because any of the Patents, Trademarks or Copyrights constituting Collateral is infringed upon, or misappropriated or diluted by a third party, such Grantor shall comply with
Section 4.8. 
 4.8. Commercial Tort Claims. Each Grantor shall promptly, and in any event within ten Business Days
(or such longer period of time consented to by the Administrative Agent in its sole discretion) after the same is acquired by it, notify the Administrative Agent of any Commercial Tort Claim acquired by it, other than those claims listed on
Schedule 1 attached hereto, in which the damages claimed by such Grantor exceed $250,000 and, unless the Administrative Agent otherwise consents, the Grantor shall enter into an amendment to this Security Agreement, in the form of Exhibit
B hereto, granting to the Administrative Agent a first priority security interest in such commercial tort claim.  
 4.9.
Letter-of-Credit Rights. If any Grantor is or becomes the beneficiary of a letter of credit with a face amount in excess of $500,000, such Grantor shall promptly, and in any event within ten Business Days (or such longer period of time
consented to by the Administrative Agent in its sole discretion) after becoming a beneficiary, notify the Administrative Agent thereof and upon request of the Administrative Agent cause the issuer and/or confirmation bank to consent to the
assignment of any Letter-of-Credit Rights to the Administrative Agent. 
 4.10. Federal, State or Municipal Claims. Each Grantor will
promptly notify the Administrative Agent of any Collateral which constitutes a claim against the United States 

 
government or any state or local government or any instrumentality or agency thereof if the amount of such claim exceeds $250,000, the assignment of which
claim is restricted by federal, state or municipal law. 
 4.11. No Interference. Each Grantor agrees that it will not interfere with
any right, power or remedy of the Administrative Agent provided for in this Security Agreement or now or hereafter existing at law or in equity or by statute or otherwise, or the exercise or beginning of the exercise by the Administrative Agent of
any one or more of such rights, powers or remedies. 
 4.12. Insurance. (a) In the event any Collateral is located in any area
that has been designated by the Federal Emergency Management Agency as a “Special Flood Hazard Area”, the Grantor that owns such Collateral shall, promptly upon its obtaining knowledge of such designation, purchase and maintain flood
insurance on such Collateral (including any personal property which is located on any real property leased by such Loan Party within a “Special Flood Hazard Area”). The amount of all insurance required by this Section shall at a minimum
comply with applicable law, including the Flood Disaster Protection Act of 1973, as amended. All premiums on such insurance shall be paid when due by such Grantor, and copies of the policies delivered to the Administrative Agent. If such Grantor
fails to obtain any insurance as required by this Section, the Administrative Agent may obtain such insurance at the Borrower’s expense. By purchasing such insurance, the Administrative Agent shall not be deemed to have waived any Default
arising from such Grantor’s failure to maintain such insurance or pay any premiums therefor. 
 (b) All insurance policies required
under Section 5.05 of the Credit Agreement shall name the Administrative Agent (for the benefit of the Administrative Agent and the other Secured Parties) as an additional insured or as loss payee, as applicable, and shall contain loss
payable clauses or mortgagee clauses, through endorsements in form and substance satisfactory to the Administrative Agent, which provide that: (i) all Proceeds thereunder with respect to any Collateral shall be payable to the Administrative
Agent (for the benefit of the Administrative Agent and the other Secured Parties); (ii) if available on commercially reasonable terms, no such insurance shall be affected by any act or neglect of the insured or owner of the property described
in such policy; and (iii) such policy and loss payable or mortgagee clauses may be canceled, amended, or terminated only upon at least thirty days prior written notice given to the Administrative Agent. 
 4.13. Collateral Access Agreements. With respect to each location (other than a location that is owned by a Grantor) where any Collateral with an
aggregate fair market value in excess of $250,000 is maintained, upon the Administrative Agent’s request, each Grantor shall use commercially reasonable efforts to obtain a Collateral Access Agreement, from the lessor of each leased property,
mortgagee of owned property or bailee or consignee with respect to any warehouse, processor or converter facility or other location where Collateral is stored or located, which agreement or letter shall provide access rights, contain a waiver or
subordination of all Liens or claims that the landlord, mortgagee, bailee or consignee may assert against the Collateral at that location, and shall otherwise be reasonably satisfactory in form and substance to the Administrative Agent. Each Grantor
shall timely and fully pay and perform its obligations under all leases and other agreements with respect to each leased location or third party warehouse where any Collateral is or may be located. 

 4.14. Deposit Accounts, Commodity Accounts and Securities Accounts. (a) Each Grantor will
provide to the Administrative Agent a Deposit Account Control Agreement duly executed on behalf of each financial institution holding a Deposit Account of such Grantor, provided that no such Deposit Account Control Agreement shall be required
for any such Deposit Account that is a payroll processing account for third parties, remote deposit capture processing account or card processing account. 
 (b) Each Grantor will upon the Administrative Agent’s request, take all actions necessary to establish in the Administrative Agent Control over each Securities Account or Commodity Account established or
maintained by such Grantor. 
 4.15. Change of Name or Location; Change of Fiscal Year. Each Grantor shall not (a) change its
name as it appears in official filings in the state of its incorporation or organization, (b) change its chief executive office, principal place of business or mailing address, (c) change the type of entity that it is, (d) change its
organization identification number, if any, issued by its state of incorporation or other organization, or (e) change its jurisdiction of incorporation or organization, in each case, unless the Administrative Agent shall have received at least
thirty days’ (or such shorter period of time permitted by the Administrative Agent in its sole discretion) prior written notice of such change and the Administrative Agent shall have acknowledged in writing (such acknowledgment not to be
unreasonably withheld) that either (1) such change will not adversely affect the validity, perfection or priority of the Administrative Agent’s security interest in the Collateral, or (2) any reasonable action requested by the
Administrative Agent in connection therewith has been completed or taken (including any action to continue the perfection of any Liens in favor of the Administrative Agent, on behalf of Secured Parties, in any Collateral). 
 ARTICLE V 
 EVENTS OF DEFAULT AND
REMEDIES 
 5.1. Events of Default. The occurrence of any Event of Default under the Credit Agreement shall constitute an Event of
Default hereunder. 
 5.2. Remedies. 
 (a) Upon the occurrence and during the continuation of an Event of Default, the Administrative Agent may exercise any or all of the following rights and remedies: 
 (i) those rights and remedies provided in this Security Agreement or any of the other Loan Documents; provided that, this
Section 5.2(a) shall not be understood to limit any rights or remedies available to the Administrative Agent or the Secured Parties prior to an Event of Default; 
 (ii) those rights and remedies available to a secured party under the UCC (whether or not the UCC applies to the affected Collateral) or
under any other applicable law (including, without limitation, any law governing the exercise of a bank’s right of setoff or bankers’ lien) when a debtor is in default under a security agreement; 

 (iii) give notice of sole control or any other instruction under any Deposit Account
Control Agreement or and other control agreement with any commodity intermediary or securities intermediary and take any action therein with respect to such Collateral; 
 (iv) without notice (except as specifically provided in Section 7.1, pursuant to any Collateral Access Agreement or elsewhere
herein), demand or advertisement of any kind to any Grantor or any other Person, enter the premises of any Grantor where any Collateral is located (through self-help and without judicial process) to collect, receive, assemble, process, appropriate,
sell, lease, assign, grant an option or options to purchase or otherwise dispose of, deliver, or realize upon, the Collateral or any part thereof in one or more parcels at public or private sale or sales (which sales may be adjourned or continued
from time to time with or without notice and may take place at such Grantor’s premises or elsewhere), for cash, on credit or for future delivery without assumption of any credit risk, and upon such other terms as the Administrative Agent may
deem commercially reasonable; and 
 (v) concurrently with written notice to any Grantor that owns such Collateral, transfer
and register in its name or in the name of its nominee the whole or any part of the Pledged Collateral, exchange certificates or instruments representing or evidencing Pledged Collateral for certificates or instruments of smaller or larger
denominations, exercise the voting and all other rights as a holder with respect thereto, collect and receive all cash dividends, interest, principal and other distributions made thereon and otherwise act with respect to the Pledged Collateral as
though the Administrative Agent was the outright owner thereof. 
 (b) The Administrative Agent, on behalf of itself and the other Secured
Parties, may comply with any applicable state or federal law requirements in connection with a disposition of the Collateral and compliance will not be considered to adversely affect the commercial reasonableness of any sale of the Collateral.

 (c) The Administrative Agent (or its nominee) shall have the right upon any such public sale or sales and, to the extent permitted by law,
upon any such private sale or sales, to purchase for the benefit of the Administrative Agent and the other Secured Parties, the whole or any part of the Collateral so sold, free of any right of equity redemption, which equity redemption each Grantor
hereby expressly releases. 
 (d) Until the Administrative Agent is able to effect a sale, lease, or other disposition of Collateral, the
Administrative Agent shall have the right to hold or use Collateral, or any part thereof, to the extent that it deems appropriate for the purpose of preserving Collateral or its value or for any other purpose deemed appropriate by the Administrative
Agent. The Administrative Agent may, if it so elects, seek the appointment of a receiver or keeper to take possession of Collateral and to enforce any of the Administrative Agent’s remedies (for the benefit of the Administrative Agent and
Secured Parties), with respect to such appointment without prior notice or hearing as to such appointment. 
 (e) Notwithstanding the
foregoing, neither the Administrative Agent nor the 

 
other Secured Parties shall be required to (i) make any demand upon, or pursue or exhaust any of their rights or remedies against, any Loan Party, any
other obligor, guarantor, pledgor or any other Person with respect to the payment of the Secured Obligations or to pursue or exhaust any of their rights or remedies with respect to any Collateral therefor or any direct or indirect guarantee thereof,
(ii) marshal the Collateral or any guarantee of the Secured Obligations or to resort to the Collateral or any such guarantee in any particular order, or (iii) effect a public sale of any Collateral. 
 (f) Each Grantor recognizes that the Administrative Agent may be unable to effect a public sale of any or all the Pledged Collateral and may be compelled
to resort to one or more private sales thereof in accordance with clause (a) above. Each Grantor also acknowledges that any private sale may result in prices and other terms less favorable to the seller than if such sale were a public
sale and, notwithstanding such circumstances, agrees that any such private sale shall not be deemed to have been made in a commercially unreasonable manner solely by virtue of such sale being private. The Administrative Agent shall be under no
obligation to delay a sale of any of the Pledged Collateral for the period of time necessary to permit any Grantor or the issuer of the Pledged Collateral to register such securities for public sale under the Securities Act of 1933, as amended, or
under applicable state securities laws, even if such Grantor and the issuer would agree to do so. 
 5.3. Grantor’s Obligations Upon
Event of Default. Upon the request of the Administrative Agent during the continuation of an Event of Default, each Grantor will: 
 (a)
assemble and make available to the Administrative Agent the Collateral and all books and Records relating thereto at any place or places specified by the Administrative Agent, whether at such Grantor’s premises or elsewhere; 
 (b) permit the Administrative Agent, by the Administrative Agent’s representatives and agents, to enter, occupy and use any premises where all or
any part of the Collateral, or the books and Records relating thereto, or both, are located, to take possession of all or any part of the Collateral or the books and Records relating thereto, or both, to remove all or any part of the Collateral or
the books and Records relating thereto, or both, and to conduct sales of the Collateral, without any obligation to pay such Grantor for such use and occupancy; provided such Grantor shall be permitted a reasonable period of time to make copies of
the Collateral or the books and Records related thereto, as applicable, prior to removal; 
 (c) prepare and file, or cause an issuer of
Pledged Collateral to prepare and file, with the Securities and Exchange Commission or any other applicable government agency, registration statements, a prospectus and such other documentation in connection with the Pledged Collateral as the
Administrative Agent may request, all in form and substance satisfactory to the Administrative Agent, and furnish to the Administrative Agent, or cause an issuer of Pledged Collateral to furnish to the Administrative Agent, any information regarding
the Pledged Collateral in such detail as the Administrative Agent may specify; 
 (d) take, or cause an issuer of Pledged Collateral to take,
any and all actions necessary to register or qualify the Pledged Collateral to enable the Administrative Agent to consummate a public sale or other disposition of the Pledged Collateral; and 

 (e) at its own expense, cause the independent certified public accountants then engaged by such Grantor
to prepare and deliver to the Administrative Agent and each other Secured Party, at any time, and from time to time, promptly upon the Administrative Agent’s request, the following reports with respect to the Grantor: (i) a reconciliation
of all Accounts; (ii) an aging of all Accounts; (iii) trial balances; and (iv) a test verification of such Accounts. 
 5.4.
Grant of Intellectual Property License. For the purpose of enabling the Administrative Agent to exercise the rights and remedies under this Article V at such time as the Administrative Agent shall be lawfully entitled to exercise such
rights and remedies, each Grantor hereby (a) grants to the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Parties, an irrevocable, nonexclusive license (exercisable without payment of royalty or other
compensation to such Grantor) to use, license or sublicense any intellectual property rights now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license access to all media in which any of the
licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof and (b) irrevocably agrees that the Administrative Agent may sell any of such Grantor’s Inventory directly to
any person, including without limitation persons who have previously purchased such Grantor’s Inventory from such Grantor and in connection with any such sale or other enforcement of the Administrative Agent’s rights under this Security
Agreement, may sell Inventory which bears any Trademark owned by or licensed to such Grantor and any Inventory that is covered by any Copyright owned by or licensed to such Grantor and the Administrative Agent may finish any work in process and
affix any Trademark owned by or licensed to such Grantor and sell such Inventory as provided herein. 
 ARTICLE VI 
 ACCOUNT VERIFICATION; ATTORNEY IN FACT; PROXY 
 6.1. Account Verification. After the occurrence and during the continuance of an Event of Default, the Administrative Agent may, in the Administrative Agent’s own name, in the name of a nominee of the Administrative Agent, or in
the name of any Grantor, communicate (by mail, telephone, facsimile or otherwise) with the Account Debtors of such Grantor, parties to contracts with such Grantor and obligors in respect of Instruments of such Grantor to verify with such Persons, to
the Administrative Agent’s satisfaction, the existence, amount, terms of, and any other matter relating to, Accounts, Instruments, Chattel Paper, payment intangibles and/or other Receivables. 
 6.2. Authorization for Secured Party to Take Certain Action. 
 (a) Each Grantor irrevocably authorizes the Administrative Agent, with respect to clauses (i), (iii) and (iv) below, at any time and, with respect to clause (ii) and clauses (v) through
(xvi) below, after the occurrence and during the continuance of an Event of Default, in the sole discretion of the Administrative Agent and appoints the Administrative Agent as its attorney in fact (i) to execute on behalf of such Grantor
as debtor and to file financing statements necessary or desirable in the Administrative Agent’s sole discretion to perfect and to maintain the perfection and priority of the Administrative Agent’s security interest in the Collateral,
(ii) to endorse and collect any cash proceeds of the Collateral, (iii) to file a carbon, photographic or other reproduction of this Security Agreement or any financing statement with respect to the 

 
Collateral as a financing statement and to file any other financing statement or amendment of a financing statement (which does not add new collateral or add
a debtor) in such offices as the Administrative Agent in its sole discretion deems necessary or desirable to perfect and to maintain the perfection and priority of the Administrative Agent’s security interest in the Collateral, (iv) to
contact and enter into one or more agreements with the issuers of uncertificated securities which are Pledged Collateral or with securities intermediaries holding Pledged Collateral as may be necessary or advisable to give the Administrative Agent
Control over such Pledged Collateral, (v) to apply the proceeds of any Collateral received by the Administrative Agent to the Secured Obligations as provided in Section 7.2 of the Credit Agreement, (vi) to discharge past due
taxes, assessments, charges, fees or Liens on the Collateral (except for such Liens as are specifically permitted hereunder), (vii) to contact Account Debtors for any reason, (viii) to demand payment or enforce payment of the Receivables
in the name of the Administrative Agent or such Grantor and to endorse any and all checks, drafts, and other instruments for the payment of money relating to the Receivables, (ix) to sign such Grantor’s name on any invoice or bill of
lading relating to the Receivables, drafts against any Account Debtor of such Grantor, assignments and verifications of Receivables, (x) to exercise all of such Grantor’s rights and remedies with respect to the collection of the
Receivables and any other Collateral, (xi) to settle, adjust, compromise, extend or renew the Receivables, (xii) to settle, adjust or compromise any legal proceedings brought to collect Receivables, (xiii) to prepare, file and sign
such Grantor’s name on a proof of claim in bankruptcy or similar document against any Account Debtor of such Grantor, (xiv) to prepare, file and sign such Grantor’s name on any notice of Lien, assignment or satisfaction of Lien or
similar document in connection with the Receivables, (xv) to change the address for delivery of mail addressed to such Grantor to such address as the Administrative Agent may designate and to receive, open and dispose of all mail addressed to
such Grantor, and (xvi) to do all other acts and things necessary to carry out this Security Agreement; and each Grantor agrees to reimburse the Administrative Agent on demand for any documented payment made or any documented expense incurred
by the Administrative Agent in connection with any of the foregoing; provided that, this authorization shall not relieve any Grantor of any of its obligations under this Security Agreement or the Loan Documents. 
 (b) All acts of said attorney or designee are hereby ratified and approved. The powers conferred on the Administrative Agent, for the benefit of the
Administrative Agent and the Secured Parties, under this Section 6.2 are solely to protect the Administrative Agent’s interests in the Collateral and shall not impose any duty upon the Administrative Agent or any other Secured Party
to exercise any such powers. 
 6.3. Proxy. EACH GRANTOR HEREBY IRREVOCABLY CONSTITUTES AND APPOINTS THE ADMINISTRATIVE AGENT AS THE
PROXY AND ATTORNEY-IN-FACT (AS SET FORTH IN SECTION 6.2 ABOVE) OF SUCH GRANTOR WITH RESPECT TO THE PLEDGED COLLATERAL UPON THE OCCURRENCE AND DURING THE CONTINUANCE OF AN EVENT OF DEFAULT, INCLUDING THE RIGHT TO VOTE SUCH PLEDGED COLLATERAL,
WITH FULL POWER OF SUBSTITUTION TO DO SO. IN ADDITION TO THE RIGHT TO VOTE ANY SUCH PLEDGED COLLATERAL, THE APPOINTMENT OF THE ADMINISTRATIVE AGENT AS PROXY AND ATTORNEY-IN-FACT SHALL INCLUDE THE RIGHT TO EXERCISE ALL OTHER RIGHTS, POWERS,
PRIVILEGES AND REMEDIES TO WHICH A HOLDER OF SUCH PLEDGED COLLATERAL WOULD BE ENTITLED (INCLUDING GIVING OR WITHHOLDING 

 
WRITTEN CONSENTS OF SHAREHOLDERS, CALLING SPECIAL MEETINGS OF SHAREHOLDERS AND VOTING AT SUCH MEETINGS). SUCH PROXY SHALL BE EFFECTIVE, AUTOMATICALLY AND
WITHOUT THE NECESSITY OF ANY ACTION (INCLUDING ANY TRANSFER OF ANY SUCH PLEDGED COLLATERAL ON THE RECORD BOOKS OF THE ISSUER THEREOF) BY ANY PERSON (INCLUDING THE ISSUER OF SUCH PLEDGED COLLATERAL OR ANY OFFICER OR AGENT THEREOF), UPON THE
OCCURRENCE OF A DEFAULT. 
 6.4. Nature of Appointment; Limitation of Duty. THE APPOINTMENT OF THE ADMINISTRATIVE AGENT AS PROXY AND
ATTORNEY-IN-FACT IN THIS ARTICLE VI IS COUPLED WITH AN INTEREST AND SHALL BE IRREVOCABLE UNTIL THE DATE ON WHICH THIS SECURITY AGREEMENT IS TERMINATED IN ACCORDANCE WITH SECTION 7.14. NOTWITHSTANDING ANYTHING CONTAINED HEREIN, NEITHER
THE ADMINISTRATIVE AGENT, NOR ANY OTHER SECURED PARTY, NOR ANY OF THEIR RESPECTIVE AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR REPRESENTATIVES SHALL HAVE ANY DUTY TO EXERCISE ANY RIGHT OR POWER GRANTED HEREUNDER OR OTHERWISE OR TO PRESERVE
THE SAME AND SHALL NOT BE LIABLE FOR ANY FAILURE TO DO SO OR FOR ANY DELAY IN DOING SO, EXCEPT IN RESPECT OF DAMAGES ATTRIBUTABLE SOLELY TO THEIR OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AS FINALLY DETERMINED BY A COURT OF COMPETENT JURISDICTION;
PROVIDED THAT IN NO EVENT SHALL THEY BE LIABLE FOR ANY PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES. 
 ARTICLE VII

 GENERAL PROVISIONS 
 7.1. Waivers. Unless prohibited by applicable law, each Grantor hereby waives notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may be
made. To the extent such notice may not be waived under applicable law, any notice made shall be deemed reasonable if sent to the Grantor that owns such Collateral and the other Grantors, addressed as set forth in Article VIII, at least ten
days prior to (i) the date of any such public sale or (ii) the time after which any such private sale or other disposition may be made. To the maximum extent permitted by applicable law, each Grantor waives all claims, damages, and demands
against the Administrative Agent or any other Secured Party arising out of the repossession, retention or sale of the Collateral, except such as arise solely out of the gross negligence or willful misconduct of the Administrative Agent or such other
Secured Party as finally determined by a court of competent jurisdiction. To the extent it may lawfully do so, each Grantor absolutely and irrevocably waives and relinquishes the benefit and advantage of, and covenants not to assert against the
Administrative Agent or any other Secured Party, any valuation, stay, appraisal, extension, moratorium, redemption or similar laws and any and all rights or defenses it may have as a surety now or hereafter existing which, but for this provision,
might be applicable to the sale of any Collateral made under the judgment, order or decree of any court, or privately under the power of sale conferred by this Security Agreement, or otherwise. Except as otherwise specifically provided herein, each
Grantor hereby waives presentment, demand, protest or any notice (to the maximum extent permitted by applicable law) of any kind in connection with this Security Agreement or any Collateral. 

 7.2. Limitation on the Administrative Agent’s and Secured Parties’ Duty with Respect to the
Collateral. The Administrative Agent shall have no obligation to clean-up or otherwise prepare the Collateral for sale. The Administrative Agent and each other Secured Party shall use reasonable care with respect to the Collateral in its
possession or under its control. Neither the Administrative Agent nor any other Secured Party shall have any other duty as to any Collateral in its possession or control or in the possession or control of any agent or nominee of the Administrative
Agent or such other Secured Party, or any income thereon or as to the preservation of rights against prior parties or any other rights pertaining thereto. To the extent that applicable law imposes duties on the Administrative Agent to exercise
remedies in a commercially reasonable manner, each Grantor acknowledges and agrees that it is commercially reasonable for the Administrative Agent (i) to fail to incur expenses deemed significant by the Administrative Agent to prepare
Collateral for disposition or otherwise to transform raw material or work in process into finished goods or other finished products for disposition, (ii) to fail to obtain third party consents for access to Collateral to be disposed of, or to
obtain or, if not required by other law, to fail to obtain governmental or third party consents for the collection or disposition of Collateral to be collected or disposed of, (iii) to fail to exercise collection remedies against Account
Debtors or other Persons obligated on Collateral or to remove Liens on or any adverse claims against Collateral, (iv) to exercise collection remedies against Account Debtors and other Persons obligated on Collateral directly or through the use
of collection agencies and other collection specialists, (v) to advertise dispositions of Collateral through publications or media of general circulation, whether or not the Collateral is of a specialized nature, (vi) to contact other
Persons, whether or not in the same business as such Grantor, for expressions of interest in acquiring all or any portion of such Collateral, (vii) to hire one or more professional auctioneers to assist in the disposition of Collateral, whether
or not the Collateral is of a specialized nature, (viii) to dispose of Collateral by utilizing internet sites that provide for the auction of assets of the types included in the Collateral or that have the reasonable capacity of doing so, or
that match buyers and sellers of assets, (ix) to dispose of assets in wholesale rather than retail markets, (x) to disclaim disposition warranties, such as title, possession or quiet enjoyment, (xi) to purchase insurance or credit
enhancements to insure the Administrative Agent against risks of loss, collection or disposition of Collateral or to provide to the Administrative Agent a guaranteed return from the collection or disposition of Collateral, or (xii) to the
extent deemed appropriate by the Administrative Agent, to obtain the services of other brokers, investment bankers, consultants and other professionals to assist the Administrative Agent in the collection or disposition of any of the Collateral.
Each Grantor acknowledges that the purpose of this Section 7.2 is to provide non-exhaustive indications of what actions or omissions by the Administrative Agent would be commercially reasonable in the Administrative Agent’s exercise
of remedies against the Collateral and that other actions or omissions by the Administrative Agent shall not be deemed commercially unreasonable solely on account of not being indicated in this Section 7.2. Without limitation upon the
foregoing, nothing contained in this Section 7.2 shall be construed to grant any rights to any Grantor or to impose any duties on the Administrative Agent or any other Secured Party that would not have been granted or imposed by this
Security Agreement or by applicable law in the absence of this Section 7.2. 
 7.3. Compromises and Collection of
Collateral. Each Grantor and the Administrative Agent recognize that setoffs, counterclaims, defenses and other claims may be asserted by 

 
obligors with respect to certain of the Receivables, that certain of the Receivables may be or become uncollectible in whole or in part and that the expense
and probability of success in litigating a disputed Receivable may exceed the amount that reasonably may be expected to be recovered with respect to a Receivable. In view of the foregoing, each Grantor agrees that the Administrative Agent may at any
time and from time to time, if an Event of Default has occurred and is continuing, compromise with the obligor on any Receivable, accept in full payment of any Receivable such amount as the Administrative Agent in its sole discretion shall
determine, or abandon any Receivable, and any such action by the Administrative Agent shall be commercially reasonable so long as the Administrative Agent acts in good faith based on information known to it at the time it takes any such action.

 7.4. Secured Party Performance of Debtor Obligations. Without having any obligation to do so, the Administrative Agent may perform
or pay any obligation which any Grantor has agreed to perform or pay in this Security Agreement and such Grantor shall reimburse the Administrative Agent for any documented amounts paid by the Administrative Agent pursuant to this
Section 7.4. Each Grantor’s obligation to reimburse the Administrative Agent pursuant to the preceding sentence shall be a Secured Obligation payable on demand. 
 7.5. Specific Performance of Certain Covenants. Each Grantor acknowledges and agrees that a breach of any of the covenants contained in
Sections 4.1(d), 4.1(e), 4.4, 4.5, 4.6, 4.7, 4.8, 4.9, 4.10, 4.12, 4.13, 4.14, 4.15, 5.3, or 7.6 will cause irreparable injury to the
Administrative Agent and the other Secured Parties and that the Administrative Agent and the other Secured Parties have no adequate remedy at law in respect of such breaches, and therefore agrees, without limiting the right of the Administrative
Agent or the other Secured Parties to seek and obtain specific performance of other obligations of such Grantor contained in this Security Agreement, that the covenants of such Grantor contained in the Sections referred to in this
Section 7.5 shall be specifically enforceable against such Grantor. 
 7.6. Dispositions Not Authorized. No Grantor is
authorized to sell or otherwise dispose of the Collateral except as set forth in Section 4.1(d), and notwithstanding any course of dealing between any Grantor and the Administrative Agent or other conduct of the Administrative Agent, no
authorization to sell or otherwise dispose of the Collateral (except as set forth in Section 4.1(d)) shall be binding upon the Administrative Agent or the other Secured Parties unless such authorization is in writing signed by the
Administrative Agent. 
 7.7. No Waiver; Amendments; Cumulative Remedies. No delay or omission of the Administrative Agent or any
other Secured Party to exercise any right or remedy granted under this Security Agreement shall impair such right or remedy or be construed to be a waiver of any Default or an acquiescence therein, and any single or partial exercise of any such
right or remedy shall not preclude any other or further exercise thereof or the exercise of any other right or remedy. No waiver, amendment or other variation of the terms, conditions or provisions of this Security Agreement whatsoever shall be
valid unless in writing signed by the Administrative Agent with the concurrence or at the direction of the Lenders required under Section 9.02 of the Credit Agreement and then only to the extent in such writing specifically set forth.
All rights and remedies contained in this Security Agreement or by law afforded shall be cumulative and all shall be available to the Administrative Agent and the other Secured Parties until the Secured Obligations have been paid in full.

 7.8. Limitation by Law; Severability of Provisions. All rights, remedies and powers provided in
this Security Agreement may be exercised only to the extent that the exercise thereof does not violate any applicable provision of law, and all the provisions of this Security Agreement are intended to be subject to all applicable mandatory
provisions of law that may be controlling and to be limited to the extent necessary so that they shall not render this Security Agreement invalid, unenforceable or not entitled to be recorded or registered, in whole or in part. Any provision in this
Security Agreement that is held to be inoperative, unenforceable, or invalid in any jurisdiction shall, as to that jurisdiction, be inoperative, unenforceable, or invalid without affecting the remaining provisions in that jurisdiction or the
operation, enforceability, or validity of that provision in any other jurisdiction, and to this end the provisions of this Security Agreement are declared to be severable. 
 7.9. Reinstatement. This Security Agreement shall remain in full force and effect and continue to be effective should any petition be filed by or
against any Grantor for liquidation or reorganization, should any Grantor become insolvent or make an assignment for the benefit of any creditor or creditors or should a receiver or trustee be appointed for all or any significant part of any
Grantor’s assets, and shall continue to be effective or be reinstated, as the case may be, if at any time payment and performance of the Secured Obligations, or any part thereof, is, pursuant to applicable law, rescinded or reduced in amount,
or must otherwise be restored or returned by any obligee of the Secured Obligations, whether as a “voidable preference,” “fraudulent conveyance,” or otherwise, all as though such payment or performance had not been made. In the
event that any payment, or any part thereof, is rescinded, reduced, restored or returned, the Secured Obligations shall be reinstated and deemed reduced only by such amount paid and not so rescinded, reduced, restored or returned. 
 7.10. Benefit of Agreement. The terms and provisions of this Security Agreement shall be binding upon and inure to the benefit of the Grantors,
the Administrative Agent and the other Secured Parties and their respective successors and assigns (including all persons who become bound as a debtor to this Security Agreement), except that no Grantor shall have the right to assign its rights or
delegate its obligations under this Security Agreement or any interest herein without the prior written consent of the Administrative Agent. No sales of participations, assignments, transfers, or other dispositions of any agreement governing the
Secured Obligations or any portion thereof or interest therein shall in any manner impair the Lien granted to the Administrative Agent, for the benefit of the Administrative Agent and the other Secured Parties, hereunder. 
 7.11. Survival of Representations. All representations and warranties of the Grantors contained in this Security Agreement shall survive the
execution and delivery of this Security Agreement. 
 7.12. Expenses. The Grantors shall reimburse the Administrative Agent for any
and all reasonable and documented out-of-pocket expenses (including reasonable outside attorneys’, auditors’ and accountants’ fees) paid or incurred by the Administrative Agent in connection with the preparation, execution, delivery
and administration of this Security Agreement. The Grantors shall also reimburse the Administrative Agent for any and all documented out-of-pocket expenses (including reasonable outside attorneys’, auditors’ and accountants’ fees)
paid or incurred by the Administrative Agent in connection with the collection and enforcement of 

 
this Security Agreement and in the audit, analysis, administration, collection, preservation or sale of the Collateral (including the expenses and charges
associated with any periodic or special audit of the Collateral). Any and all costs and expenses incurred by the Grantors in the performance of actions required pursuant to the terms hereof shall be borne solely by the Grantors. 
 7.13. Headings. The title of and section headings in this Security Agreement are for convenience of reference only, and shall not govern the
interpretation of any of the terms and provisions of this Security Agreement. 
 7.14. Termination. This Security Agreement shall
continue in effect (notwithstanding the fact that from time to time there may be no Secured Obligations outstanding) until (i) the Credit Agreement has terminated pursuant to its express terms and (ii) all of the Secured Obligations have
been paid and performed in full (or with respect to any outstanding Letters of Credit, a cash deposit or supporting letter of credit acceptable to the Administrative Agent has been delivered to the Administrative Agent) and no commitments of the
Administrative Agent or the other Secured Parties which would give rise to any Secured Obligations are outstanding. 
 7.15. Entire
Agreement. This Security Agreement and the other Loan Documents embody the entire agreement and understanding between each Grantor, the Administrative Agent and the other Secured Parties relating to the Collateral and supersede all prior
agreements and understandings between each Grantor, the Administrative Agent and the other Secured Parties relating to the Collateral. 
 7.16. CHOICE OF LAW. THIS SECURITY AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE INTERNAL LAWS (AND NOT THE LAW OF CONFLICTS) OF THE STATE OF NEW YORK, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO
NATIONAL BANKS. 
 7.17. CONSENT TO JURISDICTION. EACH GRANTOR HEREBY IRREVOCABLY SUBMITS TO THE NON-EXCLUSIVE
JURISDICTION OF ANY U.S. FEDERAL OR NEW YORK STATE COURT SITTING IN NEW YORK, NEW YORK IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS SECURITY AGREEMENT OR ANY OTHER LOAN DOCUMENT AND EACH GRANTOR HEREBY IRREVOCABLY AGREES THAT ALL
CLAIMS IN RESPECT OF SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN ANY SUCH COURT AND IRREVOCABLY WAIVES ANY OBJECTION IT MAY NOW OR HEREAFTER HAVE AS TO THE VENUE OF ANY SUCH SUIT, ACTION OR PROCEEDING BROUGHT IN SUCH A COURT OR THAT
SUCH COURT IS AN INCONVENIENT FORUM. NOTHING HEREIN SHALL LIMIT THE RIGHT OF THE ADMINISTRATIVE AGENT OR ANY OTHER SECURED PARTY TO BRING PROCEEDINGS AGAINST ANY GRANTOR IN THE COURTS OF ANY OTHER JURISDICTION. ANY JUDICIAL PROCEEDING BY ANY GRANTOR
AGAINST THE ADMINISTRATIVE AGENT OR ANY OTHER SECURED PARTY OR ANY AFFILIATE OF THE ADMINISTRATIVE AGENT OR ANY OTHER SECURED PARTY INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS SECURITY

 
AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR ANY OF THE OTHER LOAN DOCUMENTS SHALL BE BROUGHT ONLY IN A COURT IN NEW YORK, NEW YORK.

 7.18. WAIVER OF JURY TRIAL. EACH GRANTOR, THE ADMINISTRATIVE AGENT AND EACH OTHER SECURED PARTY HEREBY WAIVE TRIAL BY JURY
IN ANY JUDICIAL PROCEEDING INVOLVING, DIRECTLY OR INDIRECTLY, ANY MATTER (WHETHER SOUNDING IN TORT, CONTRACT OR OTHERWISE) IN ANY WAY ARISING OUT OF, RELATED TO, OR CONNECTED WITH THIS SECURITY AGREEMENT OR ANY OF THE OTHER LOAN DOCUMENTS OR THE
RELATIONSHIP ESTABLISHED THEREUNDER. 
 7.19. Indemnity. Each Grantor hereby agrees to indemnify the Administrative Agent and the
other Secured Parties (each being referred to as an “Indemnitee”), and their respective successors, assigns, agents and employees, from and against, and hold each Indemnitee harmless from, any and all losses, claims, damages,
liabilities and related expenses, including the fees, charges and disbursements of any counsel for any Indemnitee, incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result of the execution or delivery of this
Security Agreement or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder, or in any way relating to the manufacture, purchase, acceptance, rejection, ownership,
delivery, lease, possession, use, operation, condition, sale, return or other disposition of any Collateral (including, without limitation, latent and other defects, whether or not discoverable by any Indemnitee or the Grantors, and any claim for
Patent, Trademark or Copyright infringement), whether based on contract, tort or any other theory and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent
that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee.

 7.20. Additional Grantors. Any Person that becomes a Guarantor in accordance with Section 5.09 of the Credit Agreement
subsequent to the date hereof and that was not a “grantor” under this Security Agreement at the time of initial execution hereof shall become a “Grantor” hereunder by executing and delivering to the Administrative Agent an
Additional Grantor Supplement in the form attached hereto as Exhibit C. Any such Person shall thereafter be deemed a “Grantor” for all purposes under this Security Agreement. 
 7.21. Counterparts. This Security Agreement may be executed in any number of counterparts, all of which taken together shall constitute one
agreement, and any of the parties hereto may execute this Security Agreement by signing any such counterpart. 
 7.22. Lien Absolute.
All rights of the Administrative Agent and the other Secured Parties hereunder, and all obligations of each Grantor hereunder, shall be absolute and unconditional irrespective of: 
 (a) any lack of validity or enforceability of the Credit Agreement, any other Loan Document or any other agreement or instrument governing or evidencing
any Secured Obligations; 

 (b) any change in the time, manner or place of payment of, or in any other term of, all or any part of
the Secured Obligations, or any other amendment or waiver of or any consent to any departure from the Credit Agreement, any other Loan Document or any other agreement or instrument governing or evidencing any Secured Obligations, except to the
extent expressly set forth in any such amendment, waiver or consent; 
 (c) any exchange, release or non-perfection of any other Collateral,
or any release or amendment or waiver of or consent to departure from any guaranty, for all or any of the Secured Obligations; 
 (d) the
insolvency of any Person; or 
 (e) any other circumstance which might otherwise constitute a defense available to, or a discharge of, any
Grantor. 
 7.23. Release. Each Grantor consents and agrees that the Administrative Agent may at any time, or from time to time, in
its discretion: 
 (a) renew, extend or change the time of payment, and/or the manner, place or terms of payment of all or any part of the
Secured Obligations; and 
 (b) exchange, release and/or surrender all or any of the Collateral (including the Pledged Collateral), or any
part thereof, by whomsoever deposited, which is now or may hereafter be held by the Administrative Agent in connection with all or any of the Secured Obligations; all in such manner and upon such terms as the Administrative Agent may deem proper,
and without notice to or further assent from any Grantor, it being hereby agreed that each Grantor shall be and remain bound upon this Security Agreement, irrespective of the value or condition of any of the Collateral, and notwithstanding any such
change, exchange, settlement, compromise, surrender, release, renewal or extension, and notwithstanding also that the Secured Obligations may, at any time, exceed the aggregate principal amount thereof set forth in the Credit Agreement, or any other
agreement governing any Secured Obligations. 
 ARTICLE VIII 
 NOTICES 
 8.1. Sending Notices. Any notice required or permitted to be
given under this Security Agreement shall be sent by United States mail, telecopier, personal delivery or nationally established overnight courier service, and shall be deemed received (a) when received, if sent by hand or overnight courier
service, or mailed by certified or registered mail notices or (b) when sent, if sent by telecopier (except that, if not given during normal business hours for the recipient, shall be deemed to have been given at the opening of business on the
next Business Day for the recipient), in each case addressed to each Grantor at the address set forth in Section 1 of the Perfection Certificate (or, if applicable, as set forth in the Additional Grantor Supplement executed by such
Grantor) as its principal place of business, and to the Administrative Agent at the address set forth in Section 9.01 of the Credit agreement. 

 8.2. Change in Address for Notices. Each of the Grantors and the Administrative Agent may change
the address for service of notice upon it by a notice in writing to the other parties. 
 ARTICLE IX 
 THE ADMINISTRATIVE AGENT 
 9.1.
Administrative Agent. 
 (a) By acceptance of the benefits of this Security Agreement, each of the Secured Parties shall be deemed to
have agreed to be bound by the terms hereof. The provisions of this Section are, and are intended, solely to establish certain rights as between the Secured Parties and shall not create, and shall not be construed as creating, any rights enforceable
by the Grantors or any Subsidiary or any Affiliate of any Grantor. 
 (b) By acceptance of the benefits of this Security Agreement, each of
the Secured Parties shall be deemed irrevocably (i) to consent to the appointment of the Administrative Agent as its agent hereunder, and (ii) to confirm that the Administrative Agent shall have the authority to act as the exclusive agent
of such other Secured Party for enforcement of any provision of this Security Agreement or the exercise of remedies hereunder. 
 (c) The
Administrative Agent shall be entitled to rely on information provided by the Secured Parties, or representatives of the Secured Parties, as to the holders from time to time of the Secured Obligations and the amounts thereof and shall have no duty
independently to confirm the identities of such holders or such amounts. 
 (d) Any successor Administrative Agent appointed pursuant to
Article VIII of the Credit Agreement shall be entitled to all the rights, interests and benefits of the Administrative Agent hereunder. 
 [Remainder of Page Intentionally Left Blank; Signature Pages Follow] 

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

			
	GRANTORS:
	
	HEARTLAND PAYMENT SYSTEMS, INC.
		
	By:	 	 /s/ Robert H.B. Baldwin, Jr.

	Name:	 	Robert H.B. Baldwin, Jr.
	Title:	 	President & Chief Financial Officer
	
	THE HEARTLAND PAYROLL COMPANY, L.L.C.
		
	By:	 	 /s/ Steven B. Gamary

	Name:	 	Mark Strippy
	Title:	 	Chief Financial Officer
	
	DEBITEK, INC.
		
	By:	 	 /s/ Ron Farmer

	Name:	 	Ron Farmer
	Title:	 	President
	
	HEARTLAND ACQUISITION, LLC
		
	By:	 	 /s/ Robert H.B. Baldwin, Jr.

	Name:	 	Robert H.B. Baldwin, Jr.
	Title:	 	President & Chief Financial Officer

  

			
	 JPMORGAN CHASE BANK, N.A.,
   as
the Administrative Agent

		
	By:	 	 /s/ John A. Horst

	Name:	 	John A. Horst
	Title:	 	Vice President

					
	STATE OF     NEW JERSEY                     	 	)	  	
		 	) SS	  	
	COUNTY OF MERCER                             	 	)	  	

 The foregoing instrument was acknowledged before me this 3rd day of August, 2009, by Robert H.B.
Baldwin, Jr., the President and Chief Financial Officer of Heartland Payment Systems, Inc., a Delaware corporation, on behalf of said corporation. 
  

	
	 /s/ Antoinette Battiato

	Notary Public
	State of New Jersey
	My commission expires: 10/5/2013

  
  
  
  
  

					
	STATE OF     OHIO                               
   	 	)	  	
		 	) SS	  	
	COUNTY OF CUYAHOGA                     	 	)	  	

 The foregoing instrument was acknowledged before me this 3rd day of August,
2009, by Steven B. Gamary, the Chief Financial Officer of The Heartland Payroll Company, L.L.C., an Ohio limited liability company, on behalf of said limited liability company. 
  

	
	 /s/ [illegible]

	Notary Public
	
	My commission expires: June 11, 2011

					
	STATE OF     NEW JERSEY                     
	 	)	  	
		 	) SS	  	
	COUNTY OF MERCER                             	 	)	  	

 The foregoing instrument was acknowledged before me this 3rd day of August,
2009, by Ron Farmer, the President of Debitek, Inc., a Delaware corporation, on behalf of said corporation. 
  

	
	 /s/ Antoinette Battiato

	Notary Public
	
	My commission expires: 8/3/09

  
  
  
  
  

					
	STATE OF     NEW JERSEY                     
	 	)	  	
		 	) SS	  	
	 COUNTY OF MERCER                             
	 	)	  	

 The foregoing instrument was acknowledged before me this 3rd day of August, 2009, by Robert H.B.
Baldwin, Jr., the President and Chief Financial Officer of Heartland Acquisition, LLC, Inc., a Delaware limited liability company, on behalf of said limited liability company. 
  

	
	 /s/ Antoinette Battiato

	Notary Public
	State of New Jersey
	My commission expires: 10/5/2013

 SCHEDULE 1 
 Heartland Payment Systems, Inc. v. Global Payment Systems, MER-L-739-08, Superior Court of New Jersey: Heartland obtained a judgment against defendant for conversion of $265,405.78; however, Global’s counterclaim for breach of
contract is pending. 
 Heartland Payment Systems, Inc. v. Elizabeth Player, Michael Lawson, Musical Events LLC, MER-L-185009, Superior Court of New
Jersey: Heartland has asserted claims for damages in excess of $600,000 relating to defendants’ fraud. Please note that the $600,000 is how much Heartland Payment Systems lost and it does not expect to collect that amount. 
 Heartland Payment Systems, Inc. v. Micros Systems, Inc., Merchant Link, LLC, and Chase Paymentech Solutions, LLC, 3:07-CV-05629: Heartland’s claim for unfair
trade practices are pending and if damages are awarded they could exceed $250,000. 

 EXHIBIT A 
 INTELLECTUAL PROPERTY RIGHTS 
 Patents and Patent Applications 
 Unless otherwise noted below, Heartland Payment Systems is the owner of the following patents and patent applications. 
 SYSTEMS AND METHODS FOR IMPLEMENTING PARKING TRANSACTIONS AND OTHER FINANCIAL TRANSACTIONS 
  

	Abstract:	A payment processing system configured to provide merchant-specific accounts to consumers, such as virtual prepaid parking accounts, that are accessed by payment instruments. In one
embodiment, the payment processing system can create and provide a variety of payment methodologies for purchases, such as pay-as-you-go, virtual prepaid, virtual subscription, and post-paid purchases. In some embodiments, the merchant can provide
consumers with rewards accounts and opportunities to earn reward points or other loyalty-based currencies through qualifying purchase transactions. The system can also refund merchant-specific accounts for returns or unused portions of prepaid
resources. The consumer can access their merchant-specific accounts for purchase payment or refund using a preferred payment instrument, such as a credit or debit card. 

  

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	69828-8001EP	  	 07815035.6
 2007-05-15
  
 EP 2030148
 2009-03-04
	  	 Heartland
  
 Pending

			
	69828-8001US1	  	 11/748,384
 2007-05-14
  
 US 2007-0267479
 2007-05-14
	  	 Heartland
  
 Allowed

			
	69828-8001WO	  	 PCT/US07/68972
 2007-05-15
  
 WO 2007/134323
 2007-11-22
	  	 —
  
 Partially Converted

 SYSTEMS AND METHODS FOR IMPLEMENTING FINANCIAL TRANSACTIONS 
  

	Abstract:	 A payment processing system to provide merchant-specific accounts to consumers that are accessed by payment instruments. In one embodiment, the payment processing
system can create and provide a variety of payment methodologies for purchases, such as pay-as-you-go, virtual prepaid, virtual subscription, and post-paid 

	 	 
purchases. The merchant may, in some embodiments provide consumers with merchant rewards accounts and an opportunity to earn reward points or other
loyalty-based currencies through qualifying purchase transactions. The consumer may access their merchant-specific accounts for purchase payment using a preferred payment instrument, such as a credit or debit card. 

  

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	69828-8003AU	  	 2007244907
 2007-04-24
	  	 Heartland
  
 Pending

			
	69828-8003EP	  	 07761189.5
 2007-04-24
  
 EP 2024916
 2009-02-18
	  	 Heartland
  
 Pending

			
	69828-8003IN	  	 4757/KOLNP/2008
 2007-04-24
	  	 Heartland
  
 Pending

			
	69828-8003US1	  	 11/739,012
 2007-04-23
  
 US 2008-0040261
 2008-02-14
	  	 Heartland
  
 Pending

			
	69828-8003WO	  	 PCT/US07/67299
 2007-04-24
  
 WO 2007/127729
 2007-11-08
	  	 —
  
 Partially Converted

 METHOD AND SYSTEM FOR MICROPAYMENT TRANSACTIONS 
  

	Abstract:	A micropayment system and method is presented for a payor U to establish payment to payee M for a transaction T, which typically has a very low value T¿V?. The micropayment
scheme minimizes the bank’s processing costs, while at the same time eliminating the need for users and merchants to interact in order to determine whether a given micropayment should be selected for payment. In one embodiment, the micropayment
scheme includes time constraints, which require that an electronic check C for the transaction T be presented to a bank B for payment within a predetermined time/date interval. In another embodiment, the micropayment scheme includes a selective
deposit protocol, which guarantees that a user is never charged in excess of what he actually spends, even within a probabilistic framework. In another embodiment, the micropayment scheme includes a deferred selection protocol, which provides the
bank with control and flexibility over the payment selection process. 

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	69828-8004US3	  	 10/476,128
 2002-04-17
  
 US 2004-0199475
 2004-10-07
	  	 MIT
  
 Pending

			
	69828-8004WO	  	 PCT/US02/12189
 2002-04-17
  
 WO 2002/088874
 2002-11-07
	  	 —  
  
 Converted

 Heartland Payment Systems has the exclusive license to these patents from Massachusetts Institute of Technology.

 MICROPAYMENT PROCESSING METHOD AND SYSTEM 
  

	Abstract:	A method of producing an offer package (150) includes defining, within the offer package (156), a description of an offered product. The cost of the offered product and the
merchant (154) making the offer are also defined within the offer package (158), which includes an encrypted version of the offered product (158, 160, 164). 

  

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	69828-8005US2	  	 10/553,611
 2008-01-08
  
 US 2008-0232590
 2008-09-25
	  	 Heartland/
 P. Solomon
  
 Pending

			
	69828-8005WO	  	 PCT/US04/001845
 2004-01-23
  
 WO 2004/068293
 2004-12-08
	  	 —  
  
 Converted

 MICROPAYMENT PROCESSING METHOD AND SYSTEM 
  

	Abstract:	A payment processing system includes one transaction processor that aggregates cost data associated with low-priced sales transactions between a consumer and a merchant. The
transaction processor sends data that represents the aggregated cost data to an acquiring banking entity associated with the merchant. The system also includes another transaction processor that stores data that represents each individual low-priced
sales transaction. The stored data is accessible by one or more banking entities associated with the merchant. 

  

 35 

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	69828-8006CN	  	 200580028681.1
 2005-06-27
  
 CN 101010690
 2007-08-01
	  	 Chockstone
  
 Pending

			
	69828-8006EP	  	 05778377.1
 2005-06-27
  
 EP 1769457
 2007-04-04
	  	 Heartland
  
 Pending

			
	69828-8006HK	  	 08101222.0
 2008-01-31
  
 HK 1110674A
 2008-07-18
	  	 Chockstone
  
 Pending

			
	69828-8006IN	  	 299/KOLNP/2007
 2005-06-27
	  	 Peppercoin
  
 Pending

			
	69828-8006KR	  	 10-2007-7001803
 2005-06-27
	  	 Chockstone
  
 Pending

			
	69828-8006WO	  	 PCT/US05/23013
 2005-06-27
  
 WO 2006/004794
 2007-01-25
	  	 —  
  
 Converted

 SYSTEM FOR PROCESSING STORED VALUE INSTRUMENT 
  

	Abstract:	Disclosed is a method for managing at least one transaction through traditional credit card authorization payment infrastructures by supplying personal account numbers to retailers.
Personal account numbers correspond to issuer managed accounts that may be assigned at point of sale, and activated at redemption, and may restrict which merchants can process the personal account number to extract value therefrom. Also disclosed is
an apparatus for distribution in retail and redemption at selected redemption sites. The apparatus is a card that includes machine readable code and account information where at least some of data corresponding to the machine readable code differs
from the account information. The card may configured to retain a personal account number or other account information compatible with selected redemption site interfaces. Redemption can be limited to selected retailers or groups of retailers.

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	0180-001	  	 60/552,309
  
 03/11/2004 (Filed)
	  	Alliance Data Systems Corporation
			
	0180-001WO	  	 PCT/US05/07838
  
 03/10/2005 (filed)
	  	Alliance Data Systems Corporation
			
	0180-001	  	 10/598,778
  
 09/11/2006 (Filed)
	  	Alliance Data Systems Corporation
			
	0180-001CA	  	 2,559,166
  
 09/11/2006 (filed)
	  	Alliance Data Systems Corporation

 APPARATUS AND METHOD FOR DOWNLOADING CONFIGURATION DATA TO CARD TERMINALS AND FOR VIEWING ACTIVITY AT CARD
TERMINALS 
  

	Abstract:	Downloading configuration data to program card terminals and providing real-time data of activity occurring at card terminals. A merchant can log on to a system server and enter
information to program options for its card terminals such as via a web page on an Internet site. The system server formats the information into a file based upon a communication protocol and programming rules for the card terminal, and downloads
the file to it as a data stream. The card terminal programs itself according to the configuration data. A merchant can also view data for activity occurring at its card terminals, possibly in real-time proximate to detection of the activity by the
system server. In conjunction with processing transactions or other activity from the card terminals, the system server replicates the records for the activity and makes them available to merchants such as via a web page on an Internet site. Both
the entry of configuration data and viewing of real-time activity can occur at a network connection remote from the card terminals, allowing the merchants to program the card terminals and view their activity at any location having network access.

  

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	32694/US	  	 11/27/2001
  
 [09/993767]
	  	 Pending
  
 Published

 SYSTEM AND METHOD OF AGGREGATING MULTIPLE TRANSACTIONS OVER NETWORK-BASED ELECTRONIC PAYMENT TRANSACTION
PROCESSING SYSTEM 
  

	Abstract:	 A system and method of aggregating multiple transactions over a network-based 

	 	 
electronic payment transaction processing system is provided. The system includes a transport-aggregating clear-text Internet transaction (TACIT) server
designed to allow conventional electronic payment transaction processing systems to work over networks which rely on the Internet Protocol, and to still support the fault-tolerance and load balancing. In one embodiment, the system aggregates
multiple transmission control protocol sockets into a single socket to a back-end payment processing system in a single application. The transport-aggregating, cleartext Internet transaction (TACIT) server resides on an intermediate system that is
positioned between the Internet endpoints and a payment transaction processing system (TPS). 

  

					
	 Reference No. Status
	  	 Application Data
 Publication Data
	  	 Assignment /
 Status

	34196/US/2	  	 3/29/2005
  
 [11/092529]
  
 20050216404
	  	 Pending
  
 Published

 Registered Trademarks and Trademark Applications 
 Heartland Payment Systems, Inc. is the owner of all of the following trademarks and trademark applications. 
  

															
	 Mark
	  	 Country
	  	 App No
	  	 App Date
	  	 Reg. No
	  	 Reg. Date
	  	 Class
	  	 Goods and Services

	CHOCKSTONE	  	Canada	  	1185369	  	7/22/2003	  	TMA694217	  	8/16/2007	  	36	  	Payment and transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; develop,
implement and manage contests, stored value programs, marketing programs and incentive award programs to promote the sale of products and services of others and consulting services for the same; financial services, namely providing on-line stored
value accounts in an electronic environment; issuing stored value cards; processing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant and corporate payment program transactions

								
	CHOCKSTONE	  	Mexico	  	611401	  	7/23/2003	  	806443	  	7/23/2003	  	36	  	Payment and transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; providing stored
value programs; financial services, namely, providing on-line stored value accounts in an electronic environment; issuing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant, and
corporate payment program transactions

															
	CHOCKSTONE	  	United States	  	78/206,628	  	1/23/2003	  	2,949,857	  	5/10/2005	  	35, 36	  	 Class 35: Develop, implement and manage contests, stored value programs, marketing programs and incentive award programs to promote the sale of
products and services of others and consulting services for the same
  
 Class 36: Payment
and transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; check processing services; financial services, namely providing on-line stored
value accounts in an electronic environment; issuing stored value cards; processing stored value cards; financial services, namely operating an account-based system to process and supports consumer, merchant, and corporate payment program
transactions

								
	 CHOCKSTONE and Design
  
 

	  	Mexico	  	611402	  	7/23/2003	  	808950	  	7/23/2003	  	36	  	Payment and transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; providing stored
value programs; financial services, namely, providing on-line stored value accounts in an electronic environment; issuing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant, and
corporate payment program transactions

															
	DELIVERING THE FUTURE OF STORED VALUE	  	Canada	  	1314816	  	8/25/2006	  	TMA719465	  	7/25/2008	  	35, 36	  	 (1) Promoting the sale of products and services of others through the administration of consumer loyalty and incentive award programs.
  
 (2) Payment and transaction processing services; credit card services; credit card transaction
processing services; debit card services; debit card transaction processing services; check processing services; administrating stored value cards for consumer loyalty and incentive award programs; financial services, namely, providing on-line
administration and reporting for stored value card accounts; issuing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant, and corporate payment program transactions.

 
 (3) Providing loyalty and incentive programs to promote the sale of products and services of
others.
  
 (4) Payment and transaction processing services; credit card services; credit
card transaction processing services; debit card services; debit card transaction processing services; providing stored value programs; financial services, namely, providing on-line stored value accounts in an electronic environment; issuing stored
value cards; financial services, namely operating an account-based system to process and support consumer, merchant, and corporate payment program transactions

								
	DELIVERING THE FUTURE OF STORED VALUE	  	Mexico	  	802947	  	8/25/2006	  	1011031	  	8/25/2006	  	35	  	Providing loyalty and incentive programs to promote the sale of products and services of others.

  

															
	DELIVERING THE FUTURE OF STORED VALUE	  	United States	  	78/824,709	  	2/27/2006	  	3,336,877	  	11/13/2007	  	35, 36	  	 Class 35: Providing loyalty and incentive programs to promote the sale of products and services of others
  
 Class 36: Payment and transaction processing services; credit card services; credit card transaction
processing services; debit card services; debit card transaction processing services; providing stored value programs; financial services, namely providing on-line stored value accounts in an electronic environment; issuing stored value cards;
financial services, namely operating an account-based system to process and support consumer, merchant, and corporate payment program transactions

								
	E3	  	United States of America	  	77/656,465	  	01/26/2009	  		  		  	42	  	Data encryption services in the field of payment card processing
								
	

	  	United States of America	  	77/689,721	  	03/12/2009	  		  		  	42	  	Data encryption services in the field of payment card processing
								
	GIVE SOMETHING BACK NETWORK	  	United States of America	  	77/193,183	  	5/30/2007	  		  		  	35	  	Promoting the issuance of credit card, debit card, smart card and payment card accounts through the administration of incentive award programs, loyalty programs and affinity
programs
								
	GIVE SOMETHING BACK NETWORK	  	United States of America	  	77/193,194	  	5/30/2007	  		  		  	36	  	Financial services, namely, credit card, debit card, smart card and payment card transaction processing services; credit card, debit card, smart card and payment card verification services;
check verification and processing services; philanthropic services concerning monetary donations, charitable fund raising services; providing interactive websites containing information related to all the foregoing services
								
	GSB NETWORK	  	United States of America	  	77/193,240	  	5/30/2007	  	3,541,055	  	12/2/2008	  	35	  	Promoting the issuance of credit card, debit card, smart card and payment card accounts through the administration of incentive award programs, loyalty programs and affinity
programs

															
	GSB NETWORK	  	United States of America	  	77/193,405	  	5/30/2007	  	3,541,055	  	12/2/2008	  	36	  	Financial services, namely, credit card, debit card, smart card and payment card transaction processing services; credit card, debit card, smart card and payment card verification services;
check verification and processing services; philanthropic services concerning monetary donations, charitable fund raising services; providing interactive websites containing information related to all the foregoing services
								
	HEARTLAND AUTO RECOVERY	  	United States of America	  	77/523,322	  	7/16/2008	  	3,642,349	  	6/23/2009	  	36	  	Financial services, namely, check recovery services; check verification and processing services; providing electronic processing of electronic funds transfer, ACH, electronic check and
electronic payments; electronic processing and transmission of payment data; electronic funds transfer services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance
services in the nature of clearing and settling financial transactions for merchants; information services, namely, financial information provided by electronic means
								
	 HEARTLAND BATCH EXPRESS and Design
  
 

	  	United States	  		  		  		  		  	36	  	

															
	HEARTLAND CAMPUS ONECARD	  	United States of America	  	77/737,060	  	5/17/2009	  		  		  	36	  	Financial services, namely, credit card, debit card, bank card, smart card and payment card transaction processing services; credit card, debit card, bank card, smart card and payment card
verification services; check verification and processing services; credit card, debit card, bank card, smart card and payment card authorization services; electronic processing and transmission of payment data; electronic funds transfer services;
payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions for
merchants; information services, namely, financial information provided by electronic means; encoded smart cards containing programming used to provide identity authentication, facilities access and electronic payment services
								
	 HEARTLAND CONNECT and Design
  
 

	  	United States	  	77/702,184	  	3/30/2009	  		  		  	42	  	Providing temporary online non-downloadable computer software for use in accessing online credit and debit card transaction processing services
								
	HEARTLAND GIVE SOMETHING BACK NETWORK	  	United States of America	  	77/193,131	  	5/30/2007	  		  		  	35	  	Promoting the issuance of credit card, debit card, smart card and payment card accounts through the administration of incentive award programs, loyalty programs and affinity
programs
								
	HEARTLAND GIVE SOMETHING BACK NETWORK	  	United States of America	  	77/193,160	  	5/30/2007	  		  		  	36	  	Financial services, namely, credit card, debit card, smart card and payment card transaction processing services; credit card, debit card, smart card and payment card verification services;
check verification and processing services; philanthropic services concerning monetary donations, charitable fund raising services; providing interactive websites containing information related to all the foregoing services

															
	HEARTLAND ONECARD	  	United States of America	  	77/737,046	  	5/14/2009	  		  		  	36	  	Financial services, namely, credit card, debit card, bank card, smart card and payment card transaction processing services; credit card, debit card, bank card, smart card and payment card
verification services; check verification and processing services; credit card, debit card, bank card, smart card and payment card authorization services; electronic processing and transmission of payment data; electronic funds transfer services;
payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions for
merchants; information services, namely, financial information provided by electronic means; encoded smart cards containing programming used to provide identity authentication, facilities access and electronic payment services
								
	HEARTLAND PAYDAY	  	United States	  	78/152,961	  	8/9/2002	  	2,912,635	  	12/21/2004	  	36	  	Debit account services featuring a computer readable card
								
	 HEARTLAND PAYDAY and Design
  
 

	  	United States	  	78/153,278	  	8/12/2002	  	2,747,285	  	8/5/2003	  	36	  	Debit account services featuring a computer readable card
								
	HEARTLAND PAYMENT SYSTEMS	  	United States of America	  	75/374,633	  	10/16/1997	  	2,742,163	  	7/29/2003	  	36	  	credit card, debit card and bank card processing services, credit card, debit card and bank card verification services; check verification and processing services; electronic funds transfer
services

															
	 HEARTLAND PAYMENT SYSTEMS THE HIGHEST STANDARDS and Design
  
 

	  	United States of America	  	77/044,321	  	11/15/2006	  	3,315,693	  	10/23/2007	  	36	  	Financial services, namely, credit card, debit card and bank card transaction processing services, credit card, debit card and bank card verification services; check verification and processing
services; credit card, debit card and bank card authorization services; electronic processing and transmission of payment data; electronic funds transfer services; payroll tax debiting services; providing online financial services to retail
merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions for merchants; information services, namely, financial information provided by
electronic means.
								
	 HEARTLAND PAYMENT SYSTEMS THE HIGHEST STANDARDS THE MOST TRUSTED TRANSACTIONS and Design
  
 

	  	United States of America	  	77/241,827	  	7/30/2007	  	3,578,543	  	2/24/2009	  	36	  	Financial services, namely, credit card, debit card, bank card, smart card and payment card transaction processing services; credit card, debit card, bank card, smart card and payment card
verification services; check verification and processing services; credit card, debit card, bank card, smart card and payment card authorization services; electronic processing and transmission of payment data; electronic funds transfer services;
payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions for
merchants; information services, namely, financial information provided by electronic means
								
	HEARTLAND POS GATEWAY	  	United States	  	78/787,814	  	1/9/2006	  	3,304,297	  	10/2/2007	  	36	  	Providing electronic processing of credit card and debit card transactions via a proprietary and secure financial global computer network
								
	 HEARTLAND POS GATEWAY and Design (color mark)
  
 

	  	United States of America	  	78/787,830	  	1/9/2006	  	3,304,298	  	10/2/2007	  	36	  	providing electronic processing of credit card and debit card transactions via a proprietary and secure financial global computer network

															
	HEARTLAND SMARTLINK	  	United States of America	  	77/757,776	  	6/11/2009	  		  		  	36	  	Financial services, namely, credit card, debit card, bank card, smart card and payment card transaction processing services; credit card, debit card, bank card, smart card and payment card
verification services; check verification and processing services; credit card, debit card, bank card, smart card and payment card authorization services; electronic processing and transmission of payment data; electronic funds transfer services;
payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions for
merchants
								
	HEARTLAND SMARTLINK	  	United States of America	  	77/757,779	  	6/11/2009	  		  		  	38	  	Providing access to secure telecommunication networks; providing electronic transmission of data in the fields of payment card processing, electronic funds transfer, check management, energy
management, facilities management, inventory management and back office systems; transmission of information by electronic communications networks
								
	HEARTLAND SMARTOPS	  	United States of America	  	77/771,353	  	6/30/2009	  		  		  	42	  	Computer services, namely, providing a web-based school management system and online portal for providing financial management, admissions management, education management and records management

								
	 HEARTLAND SMARTOPS
  
 

	  	United States of America	  	77/771,359	  	6/30/2009	  		  		  	42	  	Computer services, namely, providing a web-based school management system and online portal for providing financial management, admissions management, education management and records management

															
	HEARTLAND TABLE SIDE	  	United States of America	  	77/523,312	  	7/16/2008	  	3,642,348	  	6/23/2009	  	36	  	Financial services, namely, electronic processing and transmission of payment data; wireless electronic payment management and processing services for restaurants and other merchants; providing
electronic payment credit card, debit card, bank card, smart card and payment card transaction processing services; credit card, debit card, bank card, smart card and payment card verification services; credit card, debit card, bank card, smart card
and payment card authorization services; electronic funds transfer services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing
and settling financial transactions for merchants; information services, namely, financial information provided by electronic means; gift and loyalty card program services
								
	 HEARTLAND WEBCONNECT and Design
  
 

	  	United States of America	  	77/509,272	  	6/26/2006	  	3,625,889	  	5/26/2009	  	42	  	providing temporary online non-downloadable computer software for use in accessing online credit and debit card transaction processing services
								
	HLEARNING	  	United States of America	  	78/426,368	  	5/27/2004	  	3,088,561	  	5/2/2006	  	41	  	Educational services, namely, conducting online classes, workshops and courses, to merchants to further their understanding of credit card processing services and charges
								
	 HPS and Design
  
 

	  	United States of America	  	78/537,554	  	12/23/2004	  	3,308,348	  	10/9/2007	  	35	  	payroll preparation services; administration of business payroll for others
								
	 HPS and Design
  
 

	  	United States of America	  	78/977,202	  	9/19/2006	  	3,146,961	  	9/19/2006	  	36	  	financial services, namely, credit card, debit card and bank card transaction processing services, credit card, debit card and bank card verification services; check verification and processing
services; payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions
for merchants

															
	 HPS and Design (color mark)
  
 

	  	United States of America	  	78/537,548	  	12/23/2004	  	3,303,529	  	10/2/2007	  	35	  	payroll preparation services; administration of business payroll for others
								
	 HPS and Design (color mark)
  
 

	  	United States of America	  	78/977,201	  	12/23/2004	  	3,146,960	  	9/19/2006	  	36	  	financial services, namely, credit card, debit card and bank card transaction processing services, credit card, debit card and bank card verification services; check verification and processing
services; payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions
for merchants
								
	 HPS EXCHANGE and Design
  
 

	  	United States of America	  	78/258,837	  	6/5/2003	  	2,877,400	  	8/24/2004	  	36	  	financial services, namely, credit card processing services
								
	INSTALERT	  	United States of America	  	77/690,595	  	3/13/2009	  		  		  	45	  	providing credit card fraud detection services to merchants via the Internet
								
	INSTAVIEW	  	United States of America	  	78/592,538	  	3/22/2005	  	3,132,232	  	8/22/2006	  	36	  	providing account transaction information to merchants, namely, credit card and debit card transactions information and balances via a secure Internet website

															
	MERCHANT BILL OF RIGHTS	  	Canada	  	1,439,896	  	6/1/2009	  		  		  	35	  	Business advisory services, consultancy and information; public advocacy to promote awareness of credit, debit and payment card processing practices; information, advisory and consultancy
services relating to credit, debit and payment card processing practices, including such services provided online or via the Internet; providing a website featuring information about credit, debit and payment card processing
services
								
	MERCHANT BILL OF RIGHTS	  	United States of America	  	78/913,582	  	6/21/2006	  		  		  	 35
  
 36
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
  
 40
	  	 Financial records management.
  
 Financial services, namely, credit card, debit card, payment card and bank card transaction processing services, credit card, debit card, payment card and bank card
verification services; check verification and processing services; credit card, debit card, payment card and bank card authorization services; payroll tax debiting services; providing online financial services to retail merchants, namely, providing
financial account management services and financial clearance services in the nature of clearing and settling financial transactions for merchants; electronic payment, namely, electronic processing and transmission of payment data; electronic funds
transfer services; and information services, namely, financial information provided by electronic means; remote capture and deposit of check images; financial records management; financial assessment and risk management services for
others
  
 Electronic imaging, scanning and digitizing for remote capture and deposit of
check images for purposes of settlement

															
	MERCHANT BILL OF RIGHTS	  	United States of America	  	77/627,842	  	12/5/2008	  		  		  	 35
  
  
  
 36
	  	 Business advisory services, consultancy and information; public advocacy to promote awareness of credit, debit and payment card processing practices

  
 Information, advisory and consultancy services relating to credit, debit and payment
card processing practices, including such services provided online or via the Internet; providing a website featuring information about credit, debit and payment card processing services

								
	 ONECARD Logo
  
 

	  	United States	  	77/756,670	  	6/10/2009	  		  		  	36	  	Financial services, namely, credit card, debit card, bank card, smart card and payment card transaction processing services; credit card, debit card, bank card, smart card and payment card
verification services; check verification and processing services; credit card, debit card, bank card, smart card and payment card authorization services; electronic processing and transmission of payment data; electronic funds transfer services;
payroll tax debiting services; providing online financial services to retail merchants, namely, providing financial account management services and financial clearance services in the nature of clearing and settling financial transactions for
merchants; information services, namely, financial information provided by electronic means; encoded smart cards containing programming used to provide identity authentication, facilities access and electronic payment services
								
	 ONLINE MERCHANT CENTER and Design
  
 

	  	United States of America	  	78/588,492	  	3/16/2005	  	3,103,510	  	6/13/2006	  	36	  	providing credit and debit card transaction data and cash management data to merchants via a secure Internet website

															
	PASSPORT	  	United States of America	  	78/734,618	  	6/14/2004	  	3,303,428	  	10/2/2007	  	36	  	Providing online financial services to retail merchants, namely, providing on-line transaction processing and reporting services in the field of credit card, debit card and bankcard processing
services
								
	PEPPERCOIN	  	Australia	  	942960	  	2/10/2003	  	942960	  	2/10/2003	  	9, 36, 42	  	 Class 9: Computer programs for use in producing, processing and authenticating payment requests; computers.
  
 Class 36: Payment services, namely producing, processing and authenticating electronic payment
requests; consulting services in the field of producing, processing and authenticating payment requests.
  
 Class 42 Computer software maintenance; computer software support, namely integration and customization of computer software for others.

								
	PEPPERCOIN	  	China	  	3528712	  	4/16/2003	  	3528712	  	10/21/2004	  	9	  	Computers and their external equipment
								
	PEPPERCOIN	  	China	  	3528711	  	4/16/2003	  	3528711	  	4/27/2005	  	36	  	Financial affairs
								
	PEPPERCOIN	  	China	  	3528710	  	4/16/2003	  	3528710	  	5/6/2005	  	42	  	Computer programming, and concerned services.
								
	PEPPERCOIN	  	Community Trademark	  	3043064	  	2/10/2003	  	3043064	  	3/4/2005	  	9, 36, 42	  	 Class 9: Computer programs for use in producing, processing and authenticating payment requests; computers.
  
 Class 36: Payment services, namely producing, processing and authenticating electronic payment
requests; consulting services in the field of producing, processing and authenticating payment requests.
  
 Class 42 Computer software maintenance; computer software support, namely integration and customization of computer software for others.

								
	PEPPERCOIN	  	India	  	1177835	  		  	1177835	  	2/23/2003	  	9	  	
								
	PEPPERCOIN	  	India	  	1177838	  		  	1177838	  	2/24/2003	  	16	  	

															
	PEPPERCOIN	  	Japan	  	2003-015659	  	2/28/2003	  	4737815	  	1/9/2004	  	9, 36, 42	  	 Class 9: Electrical and scientific apparatus
  
 Class 36: Insurance and financial services
  
 Class 42: Scientific and technological services

								
	PEPPERCOIN	  	United States	  	78/153,780	  	8/12/2002	  	2,968,089	  	7/12/2005	  	9	  	Downloadable computer programs for use in producing, processing and authenticating payment requests
								
	PEPPERCOIN	  	United States	  	78/153,786	  	8/13/2002	  	2,896,341	  	10/19/2004	  	36	  	Payment services, namely producing, processing and authenticating Electronic payment requests; consulting services in the field of producing, Processing and authenticating payment
requests
								
	PEPPERCOIN	  	United States	  	78/153,792	  	8/13/2002	  	2,896,341	  	10/19/2004	  	42	  	Computer software maintenance; computer software support, namely, integration and customization of computer software for others
								
	RECEIPT AND RESPOND	  	Canada	  	1359598	  	8/13/2007	  		  		  	35, 36	  	Providing loyalty and incentive programs to promote the sale of products and services of others; payment and transaction processing services; credit card services; credit card transaction
processing services; debit card services; debit card transaction processing services; check processing services; providing stored value programs; financial services, namely providing on-line stored value accounts in an electronic environment;
issuing stored value cards; financial services, namely operating an account based system to process and support consumer, merchant, and corporate payment program transactions; advertising services, namely, assisting retailers with the selling of
advertising space on point of sale receipts, emails, text messages, and other forms of consumer communications, and tracking purchasing behavior resulting from such advertising

															
	RECEIPT AND RESPOND	  	Mexico	  	875037	  	8/13/2007	  		  		  	35	  	Providing stored value programs, namely, providing stored value gift cards and pre-paid cards; advertising services, namely, assisting retailers with the selling of advertising space on point of
sale receipts and tracking purchasing behavior resulting from such advertising; advertising services, assisting retailers with the selling of advertising space on point of sale receipts, emails, text messages and other forms of consumer
communications, and tracking purchasing behavior resulting from such advertising.
								
	RECEIPT AND RESPOND	  	Mexico	  	875036	  	8/13/2007	  		  		  	36	  	Payment and transaction processing services; credit card services; credit card transaction processing services; debit card services; debit cards transaction processing services; check processing
services; financial services, namely providing on-line stored value accounts in an electronic environment; issuing a stored value cards; financial services, namely operating and account-based system to process and support consumer, merchant, and
corporate payment program transactions.

															
	RECEIPT AND RESPOND	  	United States	  	77/105,521	  	2/12/2007	  		  		  	35, 36	  	 Class 35: Providing loyalty and incentive programs to promote the sale of products and services of others; advertising services, namely, assisting
retailers with customer loyalty and incentive programs by assisting with the sale of advertising space on point of sale receipts, emails, text messages and other consumer communications; advertising services, namely, tracking customer loyalty data
and purchasing behavior resulting from such advertising
  
 Class 36: Payment and
transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; providing stored value programs; financial services, namely, providing on-line
stored value accounts in an electronic environment; issuing stored value cards; financial services, namely, operating an account-based system to process and support consumer, merchant, and corporate payment program transactions.

								
	SIMPLYLOYALTY	  	Australia	  	1230158	  	3/14/2008	  		  		  	35, 36	  	 Class 35: Advertising; business management; business administration; office functions; providing loyalty and incentive programs to promote the sale
of products and services of others
  
 Class 36: Insurance; financial affairs; monetary
affairs; real estate affairs; payment and transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; providing stored value programs; financial
services, namely providing on-line stored value accounts in an electronic environment; issuing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant, and corporate payment program
transactions

															
	SIMPLYLOYALTY	  	Canada	  	1387548	  	3/14/2008	  		  		  	35, 36	  	 (1) Providing loyalty and incentive programs to promote the sale of products and services of others.
  
 (2) Payment and transaction processing services; credit card services; credit card transaction
processing services; debit card services; debit card transaction processing services; providing stored value programs; financial services, namely providing on-line stored value accounts in an electronic environment; issuing stored value cards;
financial services, namely operating an account-based system to process and support consumer, merchant, and corporate payment program transactions

								
	SIMPLYLOYALTY	  	Mexico	  	921102	  	3/14/2008	  	1081464	  	3/14/2008	  	35	  	
								
	SIMPLYLOYALTY	  	Mexico	  	921104	  	3/14/2008	  		  		  	36	  	
								
	SIMPLYLOYALTY	  	United States	  	77/279,494	  	9/14/2007	  		  		  	35, 36	  	 Class 35: Providing loyalty and incentive programs to promote the sale of products and services of others
  
 Class 36: Payment and financial transaction processing services; credit card services; credit card
transaction processing services; debit card services; debit card transaction processing services; providing stored value programs in the nature of recording, storing and redeeming reward currency in various forms; financial services, namely,
providing on-line stored value accounts in an electronic environment; issuing stored value cards; financial services, namely, operating an account-based system to process and support consumer, merchant, and corporate payment program transactions

															
	SINGLE SWIPE	  	Canada	  	1243487	  	1/13/2005	  		  		  	35, 36	  	 (1) Develop, implement and manage contests, stored value programs, marketing programs and incentive award programs to promote the sale of products
and services of others and consulting services for the same.
  
 (2) Payment and
transaction processing services; credit card services; credit card transaction processing services; debit card services; debit card transaction processing services; check processing services; financial services, namely providing on-line stored value
accounts in an electronic environment; issuing stored value cards; processing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant and corporate payment program
transactions

								
	SINGLE SWIPE	  	Mexico	  	698948	  	1/27/2005	  		  		  	35	  	
								
	SINGLE SWIPE	  	Mexico	  	698947	  	1/27/2005	  		  		  	36	  	
								
	SINGLE SWIPE	  	United States	  	78/449,880	  	7/13/2004	  		  		  	35	  	Promoting the sale of the goods and services of others through promotional contests, the administration of incentive award programs, and arranging and conducting marketing promotional events for
others
								
	SINGLE SWIPE	  	United States	  	78/449,881	  	7/13/2004	  	3,604,275	  	4/7/2009	  	36	  	Bill payment services; banking and financial services, namely, credit card transaction processing services; credit card services; credit card transaction processing services; debit card
services; debit card transaction processing services ;check processing services; financial services, namely, providing on-line stored value accounts in an electronic environment; issuing stored value cards; processing stored value cards; financial
services, namely, operating an account-based system to process and support consumer, merchant, and corporate payment program transactions

															
	THE TECHNOLOGY BEHIND STORED VALUE	  	United States	  	78/334,731	  	12/1/2003	  	3,077,452	  	4/4/2006	  	35, 36	  	 Class 35: Providing loyalty and incentive programs to promote the sale of products and services of others
  
 Class 36: Payment and transaction processing services; credit card services; credit card transaction
processing services; debit card services; debit card transaction processing services; check processing services; providing stored value programs; financial services, namely providing on-line stored value accounts in an electronic environment;
issuing stored value cards; financial services, namely operating an account-based system to process and support consumer, merchant, and corporate payment program transactions

 Copyrights and Copyright Applications 
 None. 
 Intellectual Property Licenses

 None. 

 EXHIBIT B 
 (See Section 4.4 and 4.8 of Security Agreement) 
 AMENDMENT 
 This Amendment, dated                     ,
        is delivered pursuant to Section [4.4][4.8] of the Security Agreement referred to below. All defined terms herein shall have the meanings ascribed thereto or incorporated by reference in the Security
Agreement. The undersigned hereby certifies that the representations and warranties in Article III of the Security Agreement are and continue to be true and correct. The undersigned further agrees that this Amendment may be attached to that
certain Pledge and Security Agreement, dated August 3, 2009, among the undersigned, as the Grantors, and JPMorgan Chase Bank, N.A., as the Administrative Agent, (the “Security Agreement”) and that the Collateral listed on
Schedule I to this Amendment shall be and become a part of the Collateral referred to in said Security Agreement and shall secure all Secured Obligations referred to in said Security Agreement. 
  

			
	HEARTLAND PAYMENT SYSTEMS, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	THE HEARTLAND PAYROLL COMPANY, L.L.C.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	DEBITEK, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	HEARTLAND ACQUISITION, LLC
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 SCHEDULE I TO AMENDMENT 
 STOCKS 
  

									
	 Issuer
	 	Certificate
Number(s)	 	Number of Shares	 	Class of Stock	 	Percentage of
Outstanding
Shares
		 		 		 		 	
		 		 		 		 	
		 		 		 		 	
		 		 		 		 	

 BONDS 
  

									
	 Issuer
	 	Number	 	Face Amount	 	Coupon Rate	 	Maturity
		 		 		 		 	
		 		 		 		 	
		 		 		 		 	
		 		 		 		 	

 GOVERNMENT SECURITIES 
  

											
	 Issuer
	 	Number	 	Type	 	Face Amount	 	Coupon Rate	 	Maturity
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	
		 		 		 		 		 	

 OTHER SECURITIES OR OTHER INVESTMENT PROPERTY 
 (CERTIFICATED AND UNCERTIFICATED) 
  

					
	 Issuer
	 	Description of Collateral	 	Percentage Ownership Interest
		 		 	
		 		 	
		 		 	
		 		 	

 [Add description of custody accounts or arrangements with securities intermediary, if applicable]

 COMMERCIAL TORT CLAIMS 
  

					
	 Description of Claim
	 	Parties	 	Case Number; Name of Court
where Case was Filed
		 		 	
		 		 	

 EXHIBIT C 
 (See Section 7.20 of Security Agreement) 
 ADDITIONAL GRANTOR
SUPPLEMENT 
 THIS ADDITIONAL GRANTOR SUPPLEMENT is made by the
undersigned as of [                    , 200    ], and supplements the Pledge and Security Agreement dated as of August 3,
2009 (as the same may be amended, restated, supplemented or otherwise modified from time to time, including as supplemented by this Additional Grantor Supplement, the “Security Agreement”; capitalized terms used and not otherwise
defined herein shall have the meanings given them in the Security Agreement), made by Heartland Payment Systems, Inc., a Delaware corporation, The Heartland Payroll Company, L.L.C., an Ohio limited liability company, and Debitek, Inc., a Delaware
corporation (collectively, the “Existing Grantors”), in favor of the Secured Parties (as defined in the Security Agreement). 
 WITNESSETH: 
 WHEREAS, the Security Agreement provides that any Person that becomes a Guarantor in accordance with
Section 5.09 of the Credit Agreement (as defined in the Security Agreement), although not a Grantor under the Security Agreement at the time of the initial execution thereof, may become a Grantor under the Security Agreement upon the
delivery to the Administrative Agent of a supplement in substantially the form of this Additional Grantor Supplement; and 
 WHEREAS, the
undersigned was not a Guarantor on the date of the Security Agreement and, therefore, was not a party to the Security Agreement but now desires to become a Grantor thereunder; 
 NOW, THEREFORE, the undersigned hereby agrees as follows: 
 The undersigned agrees to be bound by all of the provisions of the Security Agreement applicable to a Grantor thereunder and agrees that it shall, on the date this Additional Grantor Supplement is accepted by the
Administrative Agent, become a Grantor, for all purposes of the Security Agreement to the same extent as if originally a party thereto with the representations and warranties contained therein being deemed to be made by the undersigned as of the
date hereof. The undersigned agrees to be bound by all of the covenants and provisions in the Security Agreement applicable to a Grantor, and the undersigned grants to the Administrative Agent, for the benefit of the Secured Parties, a security
interest in the entire right, title, and interest of the undersigned in and to all Collateral of such Grantor, as more fully set forth in Article II of the Security Agreement. 
 The undersigned and the Existing Grantors agree that Exhibit A attached to this Amendment shall replace the corresponding exhibits in the Security
Agreement and that the perfection certificate attached to this Amendment shall replace the Perfection Certificate referenced in the Security Agreement. 

 IN WITNESS WHEREOF, the undersigned has caused this Additional Grantor Supplement to be executed and
delivered by a duly authorized officer on the date first above written. 
  

			
	[NAME OF GRANTOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

  

					
	Address for Notices:
			
	[	 	  
	 	]
	[	 	  
	 	]
	[	 	  
	 	]
	[	 	  
	 	]

  

			
	AGREED AND ACCEPTED:

	
	HEARTLAND PAYMENT SYSTEMS, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	THE HEARTLAND PAYROLL COMPANY, L.L.C.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	DEBITEK, INC.
		
	By:	 	  

	Name:	 	  

	Title:	 	  

	
	HEARTLAND ACQUISITION, LLC
		
	By:	 	  

	Name:	 	  

	Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00161-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00161-of-00352.parquet"}]]