Document:

EX-10.1

 Exhibit 10.1 

EXECUTION VERSION 

RESTRUCTURING SUPPORT AGREEMENT 

This RESTRUCTURING SUPPORT AGREEMENT (together with all exhibits (including the Restructuring Term Sheet (as defined below)), schedules and
attachments hereto, as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms hereof, this “Agreement”), dated as of February 1, 2018, is entered into by and among
(i) Cenveo, Inc. (“Cenveo”), and each of the direct and indirect Subsidiaries (as defined below) of Cenveo identified on Schedule 1 attached hereto (such Subsidiaries, together with Cenveo, each, a
“Debtor” and, collectively, the “Debtors”), (ii) each of the beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners) of the First Lien Notes (as defined below)
and Second Lien Notes (as defined below), in each case identified on the signature pages hereto (each, an “Initial Consenting Creditor” and, collectively, the “Initial Consenting Creditors”), and (iii) each of
the other beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners) of the First Lien Notes or other Claims and Interests (as defined below) that becomes a party to this Agreement after the Restructuring
Support Effective Date (as defined below) in accordance with the terms hereof by executing and delivering a Joinder Agreement (as defined below) (each such Person described in this clause (iv), together with the Initial Consenting Creditors,
each, a “Consenting Creditor” and, collectively, the “Consenting Creditors”). Each of the Debtors and the Consenting Creditors are referred to herein as a “Restructuring Support Party” and,
collectively, the “Restructuring Support Parties”. Capitalized terms used herein and not defined herein shall have the meanings ascribed to such terms in the Restructuring Term Sheet (as defined below). 

PRELIMINARY STATEMENTS 

WHEREAS, pursuant to that that certain Indenture, dated as of June 16, 2014 (as amended, restated, supplemented or otherwise
modified from time to time, the “First Lien Notes Indenture” and together with all documents and agreements executed in connection therewith, collectively, the “First Lien Notes Documents”), by and among Cenveo
Corporation, the guarantors party thereto and The Bank of New York Mellon, as trustee and collateral agent (the “First Lien Notes Trustee”), Cenveo Corporation issued those certain 6.000% Senior Priority Secured Notes due 2019 (the
“First Lien Notes”) to the holders thereof; 
 WHEREAS, as of the date hereof, the Initial Consenting Creditors
collectively own or control, in the aggregate, in excess of (a) 55% of the aggregate principal amount of the outstanding First Lien Notes, and (b) 2% of the aggregate principal amount of the outstanding Second Lien Notes; 

WHEREAS, the Restructuring Support Parties have agreed to implement a restructuring transaction for the Debtors in accordance with, and
subject to the terms and conditions set forth in, this Agreement and in the Restructuring Term Sheet attached hereto as Exhibit A (including any schedules, annexes and exhibits attached thereto, each as may be modified
solely in accordance with the terms hereof, the “Restructuring Term Sheet”) (such restructuring transaction, for the avoidance of doubt, being defined as the “Restructuring” in the Restructuring Term Sheet and more fully
described therein); 

 WHEREAS, this Agreement, including the Restructuring Term Sheet, (a) are the product
of arms’-length, good faith negotiations among the Restructuring Support Parties and their respective professionals, and (b) set forth the material terms and conditions of the Restructuring, as supplemented by the terms and conditions of
this Agreement; 
 WHEREAS, the Restructuring contemplates the Debtors commencing voluntary reorganization cases (the
“Chapter 11 Cases”) under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101 – 1532 (as amended, the “Bankruptcy Code”), in the United States
Bankruptcy Court for Southern District of New York (the “Bankruptcy Court”) to effectuate the Restructuring, which will be implemented pursuant to a chapter 11 plan of reorganization that shall be consistent in all respects with the
terms of this Agreement and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors (as defined below) (such plan, together with all exhibits, schedules and attachments thereto, as amended, supplemented or
otherwise modified from time to time in accordance with the terms of this Agreement, the “Plan”); 
 WHEREAS,
certain of the Initial Consenting Creditors have agreed to provide the DIP Term Facility (as defined below), subject to the terms and conditions set forth in the DIP Term Facility Documents (as defined below), and this Agreement; and 

WHEREAS, the Restructuring Support Parties desire to express to each other their mutual support and commitment in respect of the
matters discussed herein. 
 NOW, THEREFORE, in consideration of the promises, mutual covenants and agreements set forth herein, and
for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of the Restructuring Support Parties, intending to be legally bound, agrees as follows: 

 

	 	1.	Restructuring Term Sheet. 

 The Restructuring Term Sheet is expressly incorporated
herein by reference and made part of this Agreement as if fully set forth herein. The Restructuring Term Sheet sets forth the material terms and conditions of the Restructuring; provided, however, the Restructuring Term Sheet is
supplemented by the terms and conditions of this Agreement. 
  

	 	2.	Certain Definitions; Rules of Construction. 

 As used in this Agreement, the
following terms have the following meanings: 
 (a)    “Accredited Investor” means an “accredited
investor” as such term is defined in Rule 501 under the Securities Act. 
 (b)    “Ad Hoc
Committee” means the ad hoc committee of beneficial owners (or nominees, investment managers, advisors or subadvisors for the beneficial owners) of the First Lien Notes, as may be reconstituted from time to time, represented by Stroock (as
defined below) and Ducera (as defined below). 

  
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 (c)    “Ad Hoc Committee Advisors” means, collectively,
(i) Stroock, as counsel to the Ad Hoc Committee, (ii) Ducera, as financial advisor to the Ad Hoc Committee, and (iii) such other professionals that may be retained by the Ad Hoc Committee with the prior written consent of the Debtors,
not to be unreasonably withheld. 
 (d)    “Affiliate” means, with respect to any Person, any other
Person controlled by, controlling or under common control with such Person; provided, that, for purposes of this Agreement, none of the Debtors shall be deemed to be Affiliates of any Consenting Creditor. As used in this definition,
“control” (including, with its correlative meanings, “controlling,” “controlled by” and “under common control with”) shall mean possession, directly or indirectly, of power to
direct or cause the direction of management or policies of a Person (whether through ownership of securities, by contract or otherwise). A Related Fund of any Person shall be deemed to be the Affiliate of such Person. 

(e)    “Agreement” has the meaning ascribed to such term in the recitals. 

(f)    “Alternative Transaction” means any reorganization, merger, consolidation, tender offer, exchange
offer, business combination, joint venture, partnership, sale of a material portion of assets, financing (whether debt, including any debtor-in-possession financing other than the DIP Facilities, or equity),
recapitalization or restructuring of any of the Debtors (including, for the avoidance of doubt, a transaction premised on a sale of a material portion of assets under section 363 of the Bankruptcy Code), other than the Restructuring. 

(g)    “Bankruptcy Code” has the meaning ascribed to such term in the recitals. 

(h)    “Bankruptcy Court” has the meaning ascribed to such term in the recitals. 

(i)    “Bankruptcy Rules” has the meaning ascribed to such term in the definition of “Disclosure
Statement” herein. 
 (j)    “Benefit Plan” means any “employee benefit plan” (as such
term is defined in Section 3(3) of ERISA) established, sponsored, maintained or contributed to by the Debtors or for which the Debtors have an obligation to sponsor, maintain or contribute to or, with respect to any such plan that is subject to
Sections 412 or 430 of the Internal Revenue Code or Title IV of ERISA, is or was within the prior six years, established, sponsored, maintained, or contributed to or obligated to be contributed to, by the Debtors or any ERISA Affiliate or for which
the Debtors or any ERISA Affiliates has any liability (contingent or otherwise). 
 (k)    “Business
Day” means any day other than a day which is a Saturday, Sunday or legal holiday on which banks in the City of New York are authorized or obligated by Law to close. 

(l)    “Cenveo” has the meaning ascribed to such term in the recitals. 

(m)    “Chapter 11 Cases” has the meaning ascribed to such term in the recitals. 

(n)    “Consenting Creditor” has the meaning ascribed to such term in the recitals. 

  
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 (o)    “Claims” has the meaning ascribed to such term in
section 101(5) of title 11 of the United States Code. 
 (p)    “Claims and Interests” means, as
applicable, the First Lien Notes Claims, the Second Lien Notes Claims, the Other Claims and/or any existing Equity Interests. 

(q)    “Confirmation Order” means an order of the Bankruptcy Court confirming the Plan pursuant to
section 1129 of the Bankruptcy Code, which order shall be consistent in all respects with this Agreement and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors. 

(r)     “Consenting Creditor Termination Event” has the meaning ascribed to such term in
Section 5(a). 
 (s)    “Consenting Creditor Termination Notice” has the
meaning ascribed to such term in Section 5(a). 
 (t)    “Debtor” has the
meaning ascribed to such term in the recitals. 
 (u)    “Debtor Termination Event” has the meaning
ascribed to such term in Section 5(b). 
 (v)    “Debtor Termination Notice”
has the meaning ascribed to such term in Section 5(b). 
 (w)    “Debtors”
has the meaning ascribed to such term in the recitals. 
 (x)    “DIP ABL Facility” means that certain debtor-in-possession asset based loan facility, the terms of which shall be consistent with the credit agreement, substantially in the form attached as Exhibit 1-A to the
Restructuring Term Sheet. 
 (y)    “DIP ABL Facility Documents” means the definitive documents
governing the DIP ABL Facility, which shall be in form and substance consistent with the credit agreement substantially in the form attached as Exhibit 1-A to the Restructuring Term Sheet and shall otherwise
be acceptable to the Debtors and the Requisite Consenting Creditors in all material respects. 
 (z)    “DIP
Commitments” means the commitment of any Consenting Creditor with respect to the DIP Term Facility, as shall be set forth in the DIP Term Facility Documents. 

(aa)    “DIP Facilities” means the DIP ABL Facility and the DIP Term Facility. 

(bb)    “DIP Facilities Documents” means the DIP ABL Facility Documents and the DIP Term Facility
Documents. 
 (cc)    “DIP Facilities Motion” means the motion to be filed by the Debtors with the
Bankruptcy Court seeking Bankruptcy Court approval of the DIP Facilities, which motion shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting
Creditors. 

  
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 (dd)    “DIP Lender” means a lender under either the DIP ABL
Facility or the DIP Term Facility. 
 (ee)    “DIP Orders” means, collectively, the Interim DIP Order
and the Final DIP Order. 
 (ff)    “DIP Term Facility” means that certain debtor-in-possession term loan financing facility, the terms of which shall be consistent with the credit agreement substantially in the form attached as Exhibit 1-B to
the Restructuring Term Sheet and shall otherwise be acceptable to the Debtors and the Requisite Consenting Creditors in all material respects. 

(gg)    “DIP Term Facility Documents” means the definitive documents governing the DIP Term Facility,
which shall be in form and substance consistent with the credit agreement substantially in the form attached as Exhibit 1-B to the Restructuring Term Sheet and shall otherwise be acceptable to the Debtors and
the Requisite Consenting Creditors in all material respects. 
 (hh)    “DIP Credit Agreements” means,
collectively, the credit agreements for the DIP ABL Facility and the DIP Term Loan Facility substantially in the forms attached as Exhibit 1-A and Exhibit 1-B,
respectively, to the Restructuring Term Sheet. 
 (ii)    “Disclosure Statement” means the disclosure
statement for the Plan that is prepared and distributed in accordance with, among other things, sections 1125, 1126(b), and 1145 of the Bankruptcy Code, Rule 3018 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”)
and other applicable Law, and all exhibits, schedules, supplements, modifications and amendments thereto, all of which shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Debtors and
reasonably acceptable to the Requisite Consenting Creditors. 
 (jj)    “Disclosure Statement Order”
means an order of the Bankruptcy Court approving the Disclosure Statement and the Solicitation, which order shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Debtors and reasonably
acceptable to the Requisite Consenting Creditors. 
 (kk)    “Ducera” means Ducera Partners, LLC. 

(ll)    “Effective Date” means the date and time by which each of the conditions to the effectiveness of
the Plan have been satisfied (or waived) in accordance with its terms. 
 (mm)    “End Date” has the
meaning ascribed to such term in Section 5(b)(v). 
 (nn)    “Equity
Interests” means, with respect to any Person, (i) any capital stock (including common stock and preferred stock), limited liability company interests, partnership interests or other equity, ownership, beneficial or profits interests of
such Person, and (ii) any options, warrants, securities, stock appreciation rights, phantom units, incentives, commitments, calls, redemption rights, repurchase rights or other agreements, arrangements or rights of any

  
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kind that are convertible into, exercisable or exchangeable for, or otherwise permit any Person to acquire, any capital stock (including common stock and preferred stock), limited liability
company interests, partnership interests or other equity, ownership, beneficial or profits interests of such Person. 

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

(pp)    “Exchange Act” means the Securities Exchange Act of 1934, as amended and including any rule or
regulation promulgated thereunder. 
 (qq)    “Exit ABL Facility Documents” means the definitive
documents governing the Exit ABL Facility, which shall be in form and substance acceptable to the Debtors and the Requisite Consenting Creditors in all material respects. 

(rr)    “Exit Debt Facility Documents” means the definitive documents governing the Exit Debt Facility,
which shall be in form and substance acceptable to the Debtors and the Requisite Consenting Creditors in all material respects. 

(ss)    “First Day Motions” has the meaning ascribed to such term in the definition of Restructuring
Documents. 
 (tt)    “Final DIP Order” means a final order of the Bankruptcy Court approving the DIP
Facilities Motion, which order shall be consistent in all material respects with this Agreement and the DIP Credit Agreements and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors. 

(uu)    “First Lien Notes” has the meaning ascribed to such term in the recitals. 

(vv)    “First Lien Notes Documents” has the meaning ascribed to such term in the recitals. 

(ww)    “First Lien Notes Indenture” has the meaning ascribed to such term in the recitals. 

(xx)    “First Lien Notes Trustee” has the meaning ascribed to such term in the recitals. 

(yy)    “Governmental Entity” means any applicable federal, state, local or foreign government or any
agency, bureau, board, commission, court or arbitral body, department, political subdivision, regulatory or administrative authority, tribunal or other instrumentality thereof, or any self-regulatory organization. 

(zz)    “Initial Consenting Creditor” has the meaning ascribed to such term in the recitals. 

(aaa)    “Initial Consenting Creditors” has the meaning ascribed to such term in the recitals. 

  
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 (bbb)    “Interim DIP Order” means an interim order of the
Bankruptcy Court approving the DIP Facilities Motion, which order shall be consistent in all material respects with this Agreement and the DIP Credit Agreements, and otherwise in form and substance acceptable to the Debtors and the Requisite
Consenting Creditors. 
 (ccc)    “Joinder Agreement” has the meaning ascribed to such term in
Section 3(c). 
 (ddd)    “Law” means, in any applicable jurisdiction, any
applicable statute or law (including common law), ordinance, rule, treaty, code or regulation and any decree, injunction, judgment, order, ruling, assessment, writ or other legal requirement, in any such case, of any applicable Governmental Entity.

 (eee)    “Management Conference Call” has the meaning ascribed to such term in
Section 4(a)(xv)(B). 
 (fff)    “Material Adverse Effect” means, other than
the filing of the Chapter 11 Cases, any event, change, effect, occurrence, development, circumstance, condition, result, state of fact or change of fact that is not known as of the date hereof (each, an “Event”) that, individually
or together with all other Events, has had, or would reasonably be expected to have, a material adverse effect on either (i) the business, operations, finances, properties, condition (financial or otherwise), assets or liabilities of the
Debtors, taken as a whole, to perform their respective obligations under, or to consummate the transactions contemplated by, this Agreement. 

(ggg)    “Milestones” has the meaning ascribed to such term in
Section 4(a)(iv). 
 (hhh)    “Multiemployer Plan” has the meaning ascribed
to such term in Section 7(c)(iii). 
 (iii)    “New Second Lien Debt
Documents” means the definitive documents governing the New Second Lien Debt, which shall be in form and substance acceptable to the Debtors and the Requisite Consenting Creditors in all material respects. 

(jjj)    “Other Claims” means any and all Claims against any of the Debtors other than any First Lien
Notes Claims or Second Lien Notes Claims. 
 (kkk)    “Outside Date” has the meaning ascribed to such
term in Section 4(a)(iv)(G). 
 (lll)    “Pension Plan” has the meaning
ascribed to such term in Section 7(c)(ii). 
 (mmm)    “Person” means an
individual, a partnership, a joint venture, a limited liability company, a corporation, a trust, an unincorporated organization, a group, a Governmental Entity, or any legal entity or association. 

(nnn)    “Petition Date” has the meaning ascribed to such term in
Section 4(a)(iv)(A). 
 (ooo)    “Plan Supplement” means the supplement or
supplements to the Plan containing certain schedules, documents, forms of documents and/or term sheets relevant to the implementation of the Plan, to be filed with the Bankruptcy Court prior to the hearing held by the Bankruptcy Court to consider
confirmation of the Plan, each of which shall contain terms and 

  
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conditions consistent in all material respects with this Agreement and shall otherwise be in form and substance acceptable to the Debtors and the Requisite Consenting Creditors;
provided, however, that the Exit ABL Facility Documents, the Exit Debt Facility Documents, and the New Second Lien Debt Documents shall be acceptable to the Debtors in all material respects and to the Requisite Consenting
Creditors in their discretion. 
 (ppp)    “Proceeding” means any action, claim, complaint,
investigation, petition, suit, arbitration, mediation, alternative dispute resolution procedure, hearing, audit, examination, investigation or other proceeding of any nature, whether civil, criminal, administrative or otherwise, in Law or in equity.

 (qqq)    “Qualified Marketmaker” means an entity that (i) holds itself out to the market as
standing ready in the ordinary course of business to purchase from and sell to customers Claims and Interests, or enter with customers into long and/or short positions in Claims and Interests, in its capacity as a dealer or market maker in such
Claims and Interests; and (ii) is in fact regularly in the business of making a market in claims, interests and/or securities of issuers or borrowers. 

(rrr)    “Qualified Marketmaker Joinder Date” has the meaning ascribed to such term in
Section 3(d). 
 (sss)    “Related Fund” means, with respect to any Person,
any fund, account or investment vehicle that is controlled or managed by (i) such Person, (ii) an Affiliate of such Person or (iii) the same investment manager, advisor or subadvisor as such Person or an Affiliate of such investment
manager, advisor or subadvisor. 
 (ttt)    “Related Party Contract” has the meaning ascribed to such
term in Section 4(a)(x). 
 (uuu)    “Requisite Consenting Creditors” means,
as of any date of determination, the Consenting Creditors who own or control as of such date at least a majority of the aggregate principal amount of the First Lien Notes owned or controlled by all of the members of the Ad Hoc Committee in the
aggregate as of such date. 
 (vvv)    “Restructuring Documents” means all agreements, instruments,
pleadings, orders, forms, questionnaires and other documents (including all exhibits, schedules, supplements, appendices, annexes, instructions and attachments thereto) that are utilized to implement or effectuate, or that otherwise relate to, this
Agreement, the DIP Facilities, the Plan and/or the Restructuring, including, but not limited to, (i) the DIP Facilities Documents and the DIP Orders, (ii) the Exit ABL Facility Documents, the Exit Debt Facility Documents and the New Second
Lien Debt Documents, (iii) the Plan and the Plan Supplement, (iv) the Disclosure Statement and any motion seeking the approval thereof, (v) the Disclosure Statement Order, (vi) the Confirmation Order, (vii) any “first
day” motions (the “First Day Motions”), (viii) the ballots, the motion to approve the form of the ballots and the Solicitation, and the order of the Bankruptcy Court approving the form of the ballots and the Solicitation,
(ix) the new organizational documents of each of the Reorganized Debtors (as defined in the Restructuring Term Sheet), including, but not limited to, certificates of incorporation, limited liability agreements, stockholders agreements,
operating agreements, charters or by-laws for each of the 

  
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Reorganized Debtors (collectively, the “New Organizational Documents”), and (x) the RSA Assumption Motion and the RSA Order, each of which documents referred to in this
definition of “Restructuring Documents” shall contain terms and conditions that are consistent in all material respects with this Agreement and shall otherwise be in form and substance reasonably acceptable to the Debtors and the Requisite
Consenting Creditors; provided that the DIP Facility Documents, DIP Orders, Plan, New Organizational Documents, Exit ABL Facility Documents, Exit Debt Facility Documents and New Second Lien Notes Documents shall be in form and substance
acceptable to the Requisite Consenting Creditors in their discretion. 
 (www)    “Restructuring Support
Effective Date” has the meaning ascribed to such term in Section 10. 

(xxx)    “Restructuring Support Party” has the meaning ascribed to such term in the recitals. 

(yyy)    “Restructuring Support Period” means, with reference to any Restructuring Support Party, the
period commencing on the Restructuring Support Effective Date (or, in the case of any Consenting Creditor that becomes a party hereto after the Restructuring Support Effective Date, as of the date such Consenting Creditor becomes a party hereto) and
ending on the earlier of (i) the Effective Date, and (ii) the date on which this Agreement is terminated with respect to such Restructuring Support Party in accordance with Section 5 hereof. 

(zzz)    “Restructuring Term Sheet” has the meaning ascribed to such term in the recitals. 

(aaaa)    “RSA Assumption Motion” means the motion and proposed form of order to be filed by the Debtors
with the Bankruptcy Court seeking the assumption of this Agreement pursuant to section 365 of the Bankruptcy Code, authorizing the payment of certain expenses and other amounts hereunder, and granting any other related relief, which motion and
proposed form of order shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Debtors and reasonably acceptable to the Requisite Consenting Creditors. 

(bbbb)    “RSA Order” means an order of the Bankruptcy Court approving the RSA Assumption Motion, which
order shall be consistent in all material respects with this Agreement and otherwise in form and substance acceptable to the Debtors and the Requisite Consenting Creditors. 

(cccc)    “Second Lien Notes” means those certain 8.500% Junior Priority Secured Notes due 2022 issued by
Cenveo Corporation pursuant to the Second Lien Notes Indenture. 
 (dddd)    “Second Lien Notes Claims”
means all Claims arising under the Second Lien Notes Documents. 
 (eeee)    “Second Lien Notes
Documents” means the Second Lien Notes Indenture, together with all documents and agreements executed in connection therewith. 

(ffff)    “Second Lien Notes Indenture” means that certain Indenture, dated as of June 26, 2014 (as
the same may have been amended, amended and restated, supplemented, or otherwise modified from time to time), by and among Cenveo Corporation, the guarantors party thereto and The Bank of New York Mellon, as trustee and collateral agent. 

  
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 (gggg)    “Securities Act” means the Securities Act of 1933,
as amended and including any rule or regulation promulgated thereunder. 
 (hhhh)    “Solicitation”
means the solicitation of votes in connection with the Plan pursuant to sections 1125 and 1126 of the Bankruptcy Code and the applicable procedures approved by the Bankruptcy Court and set forth in the Disclosure Statement Order. 

(iiii)    “Stroock” means Stroock & Stroock & Lavan LLP. 

(jjjj)    “Subsidiary” means, as of any time of determination and with respect to any specified Person,
(i) any corporation more than fifty percent (50%) of the voting or capital stock of which is, as of such time, directly or indirectly owned by such Person, (ii) any limited liability company, partnership, limited partnership, joint
venture, association, or other entity in which such Person, directly or indirectly, owns more than fifty percent (50%) of the equity economic interest thereof, or (iii) any corporation, limited liability company, partnership, limited
partnership, joint venture, association, or other entity in which such Person, directly or indirectly, has the power to elect or direct the election of more than fifty percent (50%) of the members of the board of directors, board of managers,
managing member, general partner or similar governing body of such entity as of such time. 

(kkkk)    “Transaction Expenses” means all reasonable and documented fees and out-of-pocket costs and expenses of each of the Consenting Creditors, including, without limitation, the reasonable and documented fees and all
out-of-pocket costs and expenses of each of the Ad Hoc Committee Advisors, in each case, (i) in connection with the negotiation, formulation, preparation,
execution, delivery, implementation, consummation and/or enforcement of this Agreement, the Plan, the Disclosure Statement and/or any of the other Restructuring Documents, and/or the transactions contemplated thereby, and/or any amendments, waivers,
consents, supplements or other modifications to any of the foregoing and (ii)(A) consistent with any engagement letters or fee reimbursement letters entered into between the Debtors and the applicable Ad Hoc Committee Advisors (as supplemented
and/or modified by this Agreement), as applicable, or (B) as provided in the DIP Orders. 

(llll)    “Transfer” has the meaning ascribed to such term in Section 3(c).

 (mmmm)    “Transferee” has the meaning ascribed to such term in
Section 3(c). 
 Unless otherwise specified, references in this Agreement to any Section, subsection, clause,
subclause or paragraph refer to such Section, subsection, clause, subclause or paragraph as contained in this Agreement. The words “herein,” “hereof” and “hereunder” and other words of similar import in this Agreement
refer to this Agreement as a whole, and not to any particular Section, subsection, clause, subclause or paragraph contained in this Agreement. Wherever from the context it appears appropriate, each term stated in either the singular or plural shall
include the singular and the plural, and pronouns stated in the masculine, feminine or neuter gender shall include the masculine, feminine and neuter genders. The words “including,” “includes” and “include” shall be
deemed to be followed by the words “without limitation”. 

  
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	 	3.	Agreements of the Consenting Creditors. 

 (a)    Support of
Restructuring. Each of the Consenting Creditors hereby agrees (severally and not jointly) that, for the duration of the Restructuring Support Period, unless otherwise required or prohibited by Law, such Consenting Creditor shall: 

(i)    support and take all reasonable actions necessary to implement and consummate the Restructuring in a
timely manner as contemplated by this Agreement; provided that no Consenting Creditor shall be obligated to waive (to the extent waivable by such Consenting Creditor) any condition to the consummation of any part of the Restructuring set
forth in any Restructuring Document; 
 (ii)    (A) subject to the receipt of the Disclosure Statement
approved by the Disclosure Statement Order, (I) timely vote, or cause to be voted, all of the Claims and Interests held by such Consenting Creditor at the voting record date provided for in the Disclosure Statement Order by timely delivering
its duly executed and completed ballot(s) accepting the Plan following commencement of the Solicitation, and (II) not “opt out” of, or object to, any releases or exculpations provided under the Plan (and, to the extent required by the
ballot, affirmatively “opt in” to such releases and exculpations), and (B) not change, withdraw or revoke such vote (or cause or direct such vote to be changed, withdrawn or revoked); provided, however, that such vote
may be revoked (and, upon such revocation, deemed void ab initio) by such Consenting Creditor at any time following the expiration or termination of the Restructuring Support Period with respect to such Consenting Creditor (it being
understood that any termination of the Restructuring Support Period with respect to a Consenting Creditor shall entitle such Consenting Creditor to change its vote in accordance with section 1127(d) of the Bankruptcy Code, and the Solicitation
materials with respect to the Plan shall be consistent with this proviso); 
 (iii)    negotiate in good
faith, execute, perform its obligations under, and consummate the transactions contemplated by, the Restructuring Documents to which it is (or will be) a party; provided, however, that no Consenting Creditor shall be obligated to waive
(to the extent waivable by such Consenting Creditor) any condition to the consummation of any part of the Restructuring set forth in any Restructuring Document; 

(iv)    if any holder of the First Lien Notes has requested the First Lien Notes Trustee to exercise rights
or remedies under or with respect to the First Lien Notes Indenture or any of the other First Lien Notes Documents, or if the First Lien Notes Trustee announces that it intends to exercise, or exercises, rights or remedies under or with respect to
the First Lien Notes Indenture or any of the other First Lien Notes Documents, instruct the First Lien Notes Trustee not to exercise any rights or remedies, or assert or bring any claims, under or with respect to the First Lien Notes Indenture or
any of the other First Lien Notes Documents; provided, however, that nothing in this clause (vi) shall require the Consenting Creditors to waive any Default (as defined in the First Lien Notes Indenture) or
Event of Default (as defined in the First Lien Notes Indenture) or any of the obligations arising under the First Lien Notes; 

  
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 (v)    support approval of the DIP Facilities Motion and
consent to the priming of the First Lien Notes Claims by the DIP Term Facility, as contemplated by the DIP Orders; or 

(vi)    not, directly or indirectly, 

(A)    seek, solicit, support, encourage, propose, assist, consent to, vote for, or enter or participate in
any other similar discussions or any agreement with any Person regarding, any Alternative Transaction; 

(B)    take any action that is materially inconsistent with this Agreement or any of the Restructuring
Documents, or that would, or would reasonably be expected to, prevent, interfere with, delay or impede the implementation, solicitation, confirmation, or consummation of the Restructuring (including, but not limited to, the Bankruptcy Court’s
approval of the Restructuring Documents (if applicable), the Solicitation and confirmation of the Plan), including, but not limited to, (I) initiating any Proceeding or taking any other action to oppose the execution or delivery of any of the
Restructuring Documents, the performance of any obligations of any party to any of the Restructuring Documents or the consummation of the transactions contemplated by any of the Restructuring Documents, (II) initiating any Proceeding or taking
any other action to amend, supplement or otherwise modify any of the Restructuring Documents, which amendment, modification or supplement is not consistent in all material respects with this Agreement or otherwise acceptable to the Debtors and the
Requisite Consenting Creditors, or (III) initiating any Proceeding or taking any other action, or exercising or seeking to exercise any rights or remedies (including rights or remedies under the First Lien Notes Documents, as applicable, or
under applicable Law) as a holder of Claims and Interests that is barred by or is otherwise materially inconsistent with this Agreement or any of the other Restructuring Documents; 

(C)    oppose or object to, or support any other Person’s efforts to oppose or object to, the approval
of the First Day Motions, the DIP Facilities Motion, the RSA Assumption Motion, and any other motions filed by any of the Debtors in furtherance of the Restructuring that are consistent in all material respects with this Agreement or which are
otherwise acceptable to the Debtors and the Requisite Consenting Creditors; 
 (D)    oppose the
Debtors’ applications to engage (1) Kirkland & Ellis LLP and Kirkland & Ellis International LLP as counsel to the Debtors, (2) Rothschild Inc. as investment banker to the Debtors, (3) Zolfo Cooper as
restructuring adviser to the Debtors, or (4) or any individual associated with the foregoing firms as of the date hereof; 

(E)    seek to convert any of the Chapter 11 Cases to a case under chapter 7 of the Bankruptcy Code or
request the appointment of a trustee or examiner in any Chapter 11 Case; or 

  
 12 

 (F)    timely vote or cause to be voted its Claims and
Interests against any Alternative Transaction. 
 Notwithstanding anything in this Agreement to the contrary, (x) no Consenting
Creditor shall be required to incur, assume, become liable in respect of or suffer to exist any expenses, liabilities or other obligations, or agree to or become bound by any commitments, undertakings, concessions, indemnities or other arrangements
that could result in expenses, liabilities or other obligations to such Consenting Creditor (except in the case of any Consenting Creditor that is a DIP Lender, such Consenting Creditor’s DIP Commitment, subject to the terms and conditions of
the DIP Facilities Documents and DIP Orders), and (y) nothing in this Agreement shall limit any of the rights or remedies of the agent under the DIP Facilities or any of the DIP Lenders under or with respect to any of the DIP Facilities
Documents or any of the DIP Orders. 
 (b)    Rights of Consenting Creditors Unaffected. Nothing contained
herein, or in any of the confidentiality agreements in place between the Debtors, each of the Consenting Creditors and their respective advisors, shall: (i) limit (A) the rights of a Consenting Creditor under any applicable bankruptcy,
insolvency, foreclosure or similar Proceeding, including appearing as a party in interest in any matter to be adjudicated in order to be heard concerning any matter arising in the Chapter 11 Cases, in each case, so long as the exercise of any
such right is not inconsistent with such Consenting Creditor’s obligations hereunder; (B) the ability of a Consenting Creditor to purchase, sell or enter into any transactions regarding the Claims and Interests, subject to the terms
hereof; (C) except as set forth in this Agreement, any right or remedy of any Consenting Creditor under, as applicable, (x) any of the First Lien Notes Documents, and (y) any other applicable agreement, instrument or document that
gives rise to a Consenting Creditor’s Claims and Interests; (D) the ability of a Consenting Creditor to consult with any of the other Restructuring Support Parties; (E) the rights of any Consenting Creditor to engage in any
discussions, enter into any agreements or take any other action regarding matters to be effectuated after the expiration of the Restructuring Support Period; or (F) the ability of a Consenting Creditor to enforce any right, remedy, condition,
consent or approval requirement under this Agreement or any of the Restructuring Documents; (ii) constitute a waiver or amendment of any term or provision of (y) any of the First Lien Notes Documents, or (z) any other agreement,
instrument or document that gives rise to a Consenting Creditor’s Claims and Interests; or (iii) constitute a termination or release of any liens granted in connection with the First Lien Notes. 

(c)    Transfers. Each Consenting Creditor agrees (severally and not jointly) that, for the duration of the
Restructuring Support Period, such Consenting Creditor shall not, directly or indirectly, sell, transfer, loan, issue, pledge, hypothecate, assign, grant, or otherwise dispose of (including by participation) (collectively,
“Transfer”), in whole or in part, any of its Claims and Interests, or any option thereon or any right or interest therein (including granting any proxies with respect to any Claims and Interests, depositing any Claims and Interests
into a voting trust or entering into a voting agreement with respect to any Claims and Interests), unless the transferee of such Claims and Interests (the “Transferee”) either (i) is a Consenting Creditor at the time of such
Transfer or (ii) prior to the effectiveness of such Transfer, agrees in writing, for the benefit of the Restructuring Support Parties, to become a Restructuring Support Party hereunder as a Consenting Creditor and to be bound by all of the
terms of this Agreement applicable to a Consenting Creditor (including with respect to any and all Claims and Interests it 

  
 13 

 
already may own or control prior to such Transfer), by executing a joinder agreement, substantially in the form attached hereto as Exhibit B (the “Joinder Agreement”), and
by delivering an executed copy thereof to (A) counsel to the Debtors and (B) Stroock (in each case, at the addresses for such law firms set forth in Section 20 hereof), in which event (x) the Transferee shall
be deemed to be a Consenting Creditor hereunder to the extent of such transferred Claims and Interests (and all Claims and Interests it already may own or control prior to such Transfer), and (y) the transferor shall be deemed to relinquish its
rights, and be released from its obligations, under this Agreement solely to the extent of such transferred Claims and Interests; provided, however, that such Transfer shall not, in and of itself, release any Consenting Creditor who is
also a DIP Lender from its obligations under, to the extent in effect, the DIP Facilities Documents (the Transfer of DIP Commitments being governed by, to the extent in effect, the DIP Facilities Documents). Notwithstanding the foregoing, the
restrictions on Transfer set forth in this Section 3(c) shall not apply to the grant of any liens or encumbrances on any Claims and Interests in favor of a bank or broker-dealer holding custody of such Claims and Interests
in the ordinary course of business and which lien or encumbrance is released upon the Transfer of such Claims and Interests. Each Consenting Creditor agrees (severally and not jointly) that any Transfer of any Claims and Interests that does not
comply with the terms and procedures set forth herein shall be deemed void ab initio, and each of the Debtors and each other Consenting Creditor shall have the right to enforce the voiding of such Transfer. 

(d)    Qualified Market Maker. Notwithstanding anything herein to the contrary, (i) any Consenting Creditor
may Transfer any of its Claims and Interests to an entity that is acting in its capacity as a Qualified Marketmaker without the requirement that the Qualified Marketmaker be or become a Consenting Creditor; provided, however, that the
Qualified Marketmaker subsequently Transfers all right, title and interest in such Claims and Interests to a Transferee that is or becomes a Consenting Creditor as provided above, and the Transfer documentation between the transferor Consenting
Creditor and such Qualified Marketmaker shall contain a requirement that provides as such; and (ii) to the extent any Consenting Creditor is acting in its capacity as a Qualified Marketmaker, it may Transfer any Claims and Interests that it
acquires from a holder of such Claims and Interests that is not a Consenting Creditor without the requirement that the Transferee be or become a Consenting Creditor. Notwithstanding the foregoing, if, at the time of the proposed Transfer of any
Claims and Interests to a Qualified Marketmaker, such Claims and Interests (x) may be voted on the Plan or any Alternative Transaction, the proposed transferor Consenting Creditor must first vote such Claims and Interests in accordance with the
requirements of Section 3(a) hereof, or (y) have not yet been and may not yet be voted on the Plan or any Alternative Transaction and such Qualified Marketmaker does not Transfer such Claims and Interests to a
subsequent Transferee prior to the fifth (5th) Business Day prior to the expiration of the voting deadline (such date, the “Qualified Marketmaker Joinder Date”), such Qualified Marketmaker shall be required to (and the Transfer
documentation to the Qualified Marketmaker shall have provided that it shall), on the first (1st) Business Day immediately following the Qualified Marketmaker Joinder Date, become a Consenting Creditor with respect to such Claims and Interests in
accordance with the terms hereof (provided that, the Qualified Marketmaker shall automatically, and without further notice or action, no longer be a Consenting Creditor with respect to such Claims and Interests at such time that the
Transferee of such Claims and Interests becomes a Consenting Creditor with respect to such Claims and Interests). 

  
 14 

 (e)    Additional Claims and Interests. This Agreement shall in
no way be construed to preclude any Consenting Creditor or any Affiliates of such parties from acquiring additional Claims and Interests following its execution of this Agreement. To the extent any Consenting Creditor acquires additional Claims and
Interests, such Consenting Creditor agrees (severally and not jointly) that any such additional Claims and Interests shall automatically and immediately be deemed subject to this Agreement, including the obligations with respect to Claims and
Interests set forth in Section 3(a) hereof; provided that each Consenting Creditor will provide notice of any such acquisition to counsel to the Debtors and Stroock in accordance with
Section 3(c). 
  

	 	4.	Agreements of the Debtors. 

 (a)    Affirmative
Covenants. Each of the Debtors, jointly and severally, agrees that, for the duration of the Restructuring Support Period, the Debtors shall: 

(i)    support and take all reasonable actions necessary, or reasonably requested by the Requisite
Consenting Creditors, to implement and consummate the Restructuring (including, but not limited to, the Bankruptcy Court’s approval of the Restructuring Documents, the Solicitation, confirmation of the Plan and the consummation of the
Restructuring pursuant to the Plan) in accordance with the Milestones set forth in Section 4(a)(iv) hereof; 

(ii)    (A) complete the preparation, as soon as reasonably practicable after the Restructuring Support
Effective Date, of each of the Plan, the Disclosure Statement and the other Restructuring Documents, (B) provide the Plan, the Disclosure Statement and the other Restructuring Documents to, and afford reasonable opportunity of comment and
review of such documents by, each of the Ad Hoc Committee Advisors no less than three (3) Business Days in advance of any filing, execution, distribution or use (as applicable) thereof, (C) consult in good faith with each of the Ad Hoc
Committee Advisors regarding the form and substance of the Plan, the Disclosure Statement, and the other Restructuring Documents in advance of the filing, execution, distribution or use (as applicable) thereof, and (D) negotiate in good faith,
execute, perform its obligations under, and consummate the transactions contemplated by, the Restructuring Documents to which it is (or will be) a party; provided, however, that the obligations under this
Section 4(a)(ii) shall in no way alter or diminish any right expressly provided to any applicable Consenting Creditor under this Agreement to review, comment on, and/or consent to the form and/or substance of any document;

 (iii)    unless otherwise required by the Bankruptcy Court or applicable Law, cause the amount of the
Claims and Interests held by the Consenting Creditors as set forth on the signature pages attached to this Agreement (or, with respect to any Consenting Creditor that becomes a party hereto after the date hereof, to any Joinder Agreement) to be
redacted to the extent this Agreement is (A) filed on the docket maintained in the Chapter 11 Cases or (B) otherwise made publicly available; 

(iv)    comply with each of the following milestones (the “Milestones”), which Milestones
may be extended (but with no obligation to extend) only with the express prior written consent of the Requisite Consenting Creditors: 

(A)    commence the Chapter 11 Cases in the Bankruptcy Court with respect to each of the Debtors, and
file the First Day Motions, no later than February 2, 2018 (the date of commencement of the Chapter 11 Cases, the “Petition Date”); 

  
 15 

 (B)    obtain entry of the Interim DIP Order by the
Bankruptcy Court as soon as reasonably practicable after the Petition Date (but in no event later than five (5) Business Days after the Petition Date); 

(C)    obtain entry of the Final DIP Order by the Bankruptcy Court as soon as reasonably practicable after
the Petition Date (but in no event later than forty (40) calendar days after the Petition Date); 

(D)    file the Plan, the Disclosure Statement and the motion for approval of the Disclosure Statement and
the Solicitation procedures with the Bankruptcy Court as soon as reasonably practicable after the Petition Date (but in no event later than sixty (60) calendar days after the Petition Date), which Plan shall provide for the Pension Plan
Treatment; 
 (E)    obtain entry of the RSA Order and the Disclosure Statement Order by the Bankruptcy
Court, in each case, as soon as reasonably practicable after the Petition Date (but in no event later than 115 calendar days after the Petition Date); 

(F)    obtain entry of the Confirmation Order and the Pension Plan Treatment Order by the Bankruptcy
Court, in each case as soon as reasonably practicable after the Petition Date (but in no event later than 150 calendar days after the Petition Date); and 

(G)    cause the Effective Date to occur as soon as reasonably practicable after the Petition Date (but in
no event later than 20 calendar days after the entry of the Confirmation Order, such date, the “Outside Date”); 

(v)    (A) conduct, and shall cause their respective Subsidiaries to conduct, their businesses and
operations only in the ordinary course in a manner that is consistent with past practices and in compliance with Law, (B) maintain their physical assets, properties and facilities in their working order condition and repair as of the
Restructuring Support Effective Date, in the ordinary course, in a manner that is consistent with past practices, and in compliance with Law (ordinary wear and tear excepted), (C) maintain their respective books and records in the ordinary course,
in a manner that is consistent with past practices, and in compliance with Law, (D) maintain all insurance policies, or suitable replacements therefor, in full force and effect, in the ordinary course, in a manner that is consistent with past
practices, and in compliance with Law, and (E) use commercially reasonable efforts to preserve intact their business organizations and relationships with third parties (including creditors, lessors, licensors, suppliers, distributors and
customers) and employees in the ordinary course, in a manner that is consistent with past practices, and in compliance with Law; 

  
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 (vi)    timely file a formal objection to any motion filed
with the Bankruptcy Court by any Person seeking the entry of an order (A) directing the appointment of an examiner with expanded powers or a trustee, (B) converting any of the Chapter 11 Cases to a case under chapter 7 of the
Bankruptcy Code, (C) dismissing the Chapter 11 Cases, or (D) for relief that (x) is inconsistent with this Agreement in any material respect, or (y) would, or would reasonably be expected to, frustrate the purposes of this
Agreement, including by preventing the consummation of the Restructuring; 
 (vii)    timely file a
formal objection to any motion filed with the Bankruptcy Court by any Person seeking the entry of an order modifying or terminating any Debtor’s exclusive right to file and/or solicit acceptances of a plan of reorganization; 

(viii)    timely file a formal written response in opposition to any objection filed with the Bankruptcy
Court by any Person with respect to the DIP Facilities (or motion filed by such Person that seeks to interfere with the DIP Facilities) or any of the adequate protection granted to the Ad Hoc Committee pursuant to the DIP Orders or otherwise; 

(ix)    promptly notify the Ad Hoc Committee Advisors (and in any event within two (2) Business Days
after obtaining actual knowledge thereof) of (A) any pending, existing, instituted or threatened direct or derivative Proceeding by (1) any Person (other than a Governmental Entity) involving any of the Debtors or any of their respective
current or former officers, employees or directors (in their capacities as such) that is material to the Debtors, (2) any Governmental Entity involving any of the Debtors or any of their respective current or former officers, employees or
directors (in their capacities as such), except (in any such case) to the extent any of the same are disclosed on the docket maintained in the Chapter 11 Cases; (B) any breach by any Debtor in any respect of any of its obligations,
representations, warranties or covenants set forth in this Agreement, the DIP Facilities Documents or either of the DIP Orders; (C) any Material Adverse Effect; (D) the happening or existence of any Event that Cenveo’s board of
directors or similar governing bodies of the Debtors determine, in good faith and based upon advice of legal counsel, are likely to make any of the conditions precedent set forth in (or to be set forth in) any of the Restructuring Documents
incapable of being satisfied prior to the Outside Date; (E) the occurrence of any Termination Event (as defined below); (F) the receipt of notice from any Governmental Entity or other third party alleging that the consent of such Person is or
may be required in connection with the consummation of any part of the Restructuring, unless such notice is disclosed on the docket maintained in the Chapter 11 Cases; and (G) the receipt by any Debtor or any ERISA Affiliate of any Debtor of
(1) any notice from the PBGC stating its intention to terminate any Benefit Plan or to have a trustee appointed to administer any Benefit Plan or (2) any notice concerning (a) the imposition of withdrawal liability by any
Multiemployer Plan, (b) the insolvency, reorganization or termination, within the meaning of Title IV of ERISA, of any such Multiemployer Plan or (c) the amount of liability incurred, or that may be incurred, by any Debtor or any ERISA
Affiliate of any Debtor in connection with any event described in clause (a) or (b). and (3) after the filing or receipt thereof, of any notice, letter or communication which Debtor or any ERISA Affiliate of any Debtor receives from, or
files with, the PBGC with respect to any Benefit Plan or any Multiemployer Plan, if such notice, letter or communication could result in any material liability to any Debtor or any ERISA Affiliate of any Debtor; 

  
 17 

 (x)    except as expressly provided in the Restructuring Term
Sheet, assume or reject each executory contract and unexpired lease between any of the Debtors, on the one hand, and any non-Debtor Affiliate of any of the Debtors or any current or former partner, officer,
director, principal, employee, or agent of any such Affiliate, on the other hand (any such executory contract or unexpired lease, a “Related Party Contract”), as directed or instructed by the Requisite Consenting Creditors; 

(xi)    maintain its good standing and legal existence under the Laws of the state in which it is
incorporated, organized or formed, except to the extent that any failure to maintain its good standing arises solely as a result of the filing of the Chapter 11 Cases; 

(xii)    if any Debtor receives an unsolicited proposal or expression of interest with respect to an
Alternative Transaction that Cenveo’s board of directors or similar governing bodies of the Debtors reasonably determine, in good faith and based upon advice of legal counsel, that the failure to participate in such discussions would be
inconsistent with such board’s or governing body’s fiduciary duties under applicable law, within two (2) Business Days after the receipt of such proposal or expression of interest, notify the Consenting Creditors’ Advisors of the
receipt thereof, with such notice to include the material terms thereof; 
 (xiii)    use reasonable
efforts to obtain, file, submit or register any and all required Governmental Entity and/or third party approvals, filings, registrations or notices that are necessary or advisable for the implementation or consummation of the Restructuring or the
approval by the Bankruptcy Court of the Restructuring Documents; 
 (xiv)    obtain entry of a final non-appealable Pension Plan Treatment Order (which orders may include the Confirmation Order), in form and substance acceptable to the Debtors and the Requisite Consenting Creditors; 

(xv)    (A) use commercially reasonable efforts to keep the Consenting Creditors reasonably informed about
the operations of Cenveo and its direct and indirect subsidiaries, and, subject to applicable non-disclosure agreements and the terms thereof, use commercially reasonable efforts to provide the Consenting
Creditors any reasonable information reasonably requested regarding Cenveo or any of its direct and indirect subsidiaries and provide, and direct the Debtors’ current employees, officers, advisors and other representatives to provide, to the Ad
Hoc Committee Advisors, (1) upon written request to the Debtors’ counsel, reasonable access during normal business hours to the Debtors’ books, records and facilities, and (2) upon written request to the Debtors’ counsel,
reasonable access to the senior management and advisors of the Debtors for the purposes of evaluating the Debtors’ assets, liabilities, operations, businesses, finances, strategies, prospects and affairs, and (B) arrange for a
teleconference (the “Management Conference Call”) to take place at least once every other calendar week, which Management Conference Call shall (1) require participation by at least one senior member of the Debtors’
management team and permit participation by such Consenting 

  
 18 

 
Creditors and their advisors as elect to participate therein, who shall be provided with an invitation to, and details of such, Management Conference Call as soon as reasonably practicable prior
to the scheduled date therefor, and (2) be intended for purposes of discussing the Debtors’ financials and such other information and matters reasonably related thereto or reasonably requested by the Requisite Consenting Creditors (it
being understood that no such response by the Debtors shall require it to disclose or permit the discussion of, any document, information or other matter (x) that constitutes any Debtor’s confidential, trade secret or proprietary
information (unless such Consenting Creditor has signed a confidentiality agreement acceptable to the Debtors), (y) in respect of which disclosure to the Consenting Creditors (or their representatives or contractors) is prohibited by law, fiduciary
duty or any other binding agreement, or (z) that is subject to attorney client or similar privilege or constitutes attorney work product; provided, that, in each case, the Debtors explain the reason they cannot provide such response).

 (b)    Negative Covenants. The Debtors, jointly and severally, agree that, for the duration of the
Restructuring Support Period, the Debtors shall not, and the Debtors shall not permit any of their respective Subsidiaries to, directly or indirectly, do or permit to occur any of the following: 

(i)    seek, solicit, support, encourage, propose, assist, consent to, vote for, enter or participate in
any discussions or any agreement with any Person regarding, pursue or consummate, any Alternative Transaction; provided, however, that the Debtors may respond to and participate in discussions with any third party that has made (and
not withdrawn) a bona fide, unsolicited proposal that Cenveo’s board of directors or similar governing bodies of the Debtors reasonably determine, in good faith and based upon advice of legal counsel, that the failure to participate in
such discussions would be inconsistent with such board’s or governing body’s fiduciary duties under applicable Law; 

(ii)    announce publicly, or announce to any of the Restructuring Support Parties or other holders of
Claims and Interests, its intention not to support the Restructuring; 
 (iii)    take any action that is
materially inconsistent with this Agreement or any of the Restructuring Documents, or that would, or would reasonably be expected to, prevent, interfere with, delay or impede the implementation, solicitation, confirmation, or consummation of the
Restructuring (including, but not limited to, the Bankruptcy Court’s approval of the Restructuring Documents, the Solicitation and confirmation of the Plan), including, but not limited to, (A) initiating any Proceeding or taking any other
action to oppose the execution or delivery of any of the Restructuring Documents, the performance of any obligations of any party to any of the Restructuring Documents or the consummation of the transactions contemplated by any of the Restructuring
Documents, (B) initiating any Proceeding or taking any other action to amend, supplement or otherwise modify any of the Restructuring Documents, which amendment, modification or supplement is not consistent in all material respects with this
Agreement or otherwise reasonably acceptable to the Requisite Consenting Creditors, or (C) initiating any Proceeding or taking any other action that is barred by or is otherwise materially inconsistent with this Agreement or any of the other
Restructuring Documents; 

  
 19 

 (iv)    execute, deliver and/or file any Restructuring
Document (including any amendment, supplement or modification of, or any waiver to, any Restructuring Document) that, in whole or in part, is not consistent in all material respects with this Agreement or is not otherwise reasonably acceptable to
the Requisite Consenting Creditors, or file any pleading seeking authorization to accomplish or effect any of the foregoing; 

(v)    move for an order (which order may be the Confirmation Order) from the Bankruptcy Court authorizing
the assumption or rejection of any executory contract or unexpired lease (other than a Related Party Contract), other than any assumption or rejection except (A) with the prior written consent of the Requisite Consenting Creditors, which
consent shall not be unreasonably withheld, or (B) as is expressly contemplated by the Plan, it being understood that the Debtors shall assume, and the Request Consenting Creditors shall not oppose any such assumption of, the employment
agreements with the Debtors’ management to the extent and in the manner set forth in the Restructuring Term Sheet; 

(vi)    except as expressly provided in the Restructuring Term Sheet, assume or reject any Related Party
Contract without the prior written consent of the Requisite Consenting Creditors in their discretion; 

(vii)    (A) prepare or commence an avoidance action or other legal Proceeding that challenges (x) the
amount, validity, allowance, character, enforceability or priority of any First Lien Note Claims, or (y) the validity, enforceability or perfection of any lien or other encumbrance securing any First Lien Note Claims, or (B) support any
third party in connection with any of the acts described in clause (A); 
 (viii)    enter into
any commitment or agreement with respect to debtor-in-possession financing, cash collateral usage, exit financing and/or other financing arrangements, other than as expressly contemplated under the DIP
Facilities or the Plan; 
 (ix)    assert, or support any assertion by any third party, that, in order to
act on the provisions of Section 5 hereof, the Consenting Creditors shall be required to obtain relief from the automatic stay from the Bankruptcy Court (and each of the Debtors hereby waives, to the greatest extent
possible, the applicability of the automatic stay to the giving of any Termination Notice (as defined below) in accordance with Section 5 hereof); 

(x)    grant or agree to grant any increase in the wages, salary, bonus, commissions, retirement benefits,
severance, or other compensation or benefits of any director, manager, or officer of or that is engaged by, any of the Debtors or any of their respective Subsidiaries, except for any increase that is done in the ordinary course of business
consistent with past practices or otherwise with the consent of the Requisite Consenting Creditors, provided that the foregoing shall not limit the debtors’ ability to seek approval by the bankruptcy court of any payments on account of wages,
salary, 

  
 20 

 
bonus commissions, retirement benefits, severance, or other compensation or benefits of any director, manager, or officer of or that is engaged by any of the Debtors or any of their respective
Subsidiaries, in each case, that are in effect as of the date hereof; 
 (xi)    except as expressly
provided in the Restructuring Term Sheet, enter into, adopt, or establish any new compensation or employee benefit plans or arrangements (including employment agreements), or amend or agree to amend any existing compensation or employee benefit
plans or arrangements (including employment agreements), except for any of the foregoing that is done in the ordinary course of business consistent with past practices or otherwise with the consent of the Requisite Consenting Creditors, provided
that the foregoing shall not limit the debtors’ ability to seek approval by the bankruptcy court of any payments on account of existing compensation or employment benefit plans or arrangements (including employment agreements) of any director,
manager, or officer of or that is engaged by any of the Debtors or any of their respective Subsidiaries, in each case, that are in effect as of the date hereof; 

(xii)    amend or propose to amend its certificate or articles of incorporation, certificate of formation,
bylaws, limited liability company agreement, partnership agreement or similar organizational documents; 

(xiii)    authorize, create or issue any additional Equity Interests in any of the Debtors, or redeem,
purchase, acquire, declare any distribution on or make any distribution on any Equity Interests in any of the Debtors; 

(xiv)    (A) incur any liens, security interests or encumbrances, other than as expressly contemplated by
the DIP Facilities Documents and the Plan, or (B) pay, or agree to pay, any indebtedness, liabilities or other obligations (including any accounts payable or trade payable) that existed prior to the Restructuring Support Effective Date or that
arose from any matter, occurrence, action, omission or circumstance that occurred prior to the Restructuring Support Effective Date, unless the Bankruptcy Court authorizes the Debtors to pay such indebtedness, liabilities or other obligations
(including any accounts payable or trade payable) pursuant to the relief granted in connection with the First Day Motions (each of which, for the avoidance of doubt, shall contain terms and conditions that shall be in form and substance reasonably
acceptable to the Requisite Consenting Creditors); and 
 (xv)    settle, agree to settle or compromise
any Proceeding described in clause (A) of Section 4(a)(ix) (without giving effect to the exception set forth at the end of such clause (A)) in an amount more than
$2,000,000 without the prior written consent of the Requisite Consenting Creditors, which consent shall not be unreasonably withheld. 
  

	 	5.	Termination of Agreement. 

 (a)    Consenting Creditor
Termination Events. The Requisite Consenting Creditors may terminate this Agreement with respect to all Restructuring Support Parties, and such termination shall be effective immediately upon written notice (each, a “Consenting Creditor
 

  
 21 

 
Termination Notice”) being delivered by the Requisite Consenting Creditors to each of the non-terminating Restructuring Support Parties and
their respective counsel in accordance with Section 20 hereof, at any time after the occurrence, and during the continuation, of any of the following events (each, a “Consenting Creditor Termination
Event”), unless waived in writing by the Requisite Consenting Creditors: 
 (i)    the breach in
any material respect (without giving effect to any “materiality” qualifiers set forth therein) by any Debtor of any of its covenants, undertakings, obligations, representations or warranties contained in this Agreement, and, to the extent
such breach is curable, such breach remains uncured for a period of five (5) Business Days (it being understood and agreed that the failure by the Debtors to comply with any of the Milestones set forth in
Section 4(a)(iv) by the deadlines set forth therein shall not be subject to cure); provided, however, that the right to terminate this Agreement under this Section 5(a)(i) on account
of a failure by the Debtors to comply with the Milestones set forth in Section 4(a)(iv) hereof may not be asserted by a Consenting Creditor if the Debtors’ failure to comply with such Milestones is caused solely by, or
results solely from, the breach by such Consenting Creditor of its covenants, agreements or obligations under this Agreement; 

(ii)    any Debtor obtains debtor-in-possession financing (other
than the DIP Facilities) that is in an amount, on terms and conditions, from banks or other financial institutions, or otherwise in form and substance, that (in any such case) is/are not acceptable to the Requisite Consenting Creditors in their
discretion; 
 (iii)    any breach of, or any default under, the documentation related to any of the DIP
Facilities Documents resulting in an acceleration of obligations outstanding under either of the DIP Facilities; 

(iv)    the occurrence of (A) an event of default under any of the DIP Facilities Documents or the
occurrence of a termination event (or similar event) under either of the DIP Orders (without giving effect to any amendments, supplements, modifications or waivers to the DIP Facilities Documents or either of the DIP Orders made or provided after
the Restructuring Support Effective Date) or (B) an acceleration of the obligations or termination of commitments under any of the DIP Facilities Documents; 

(v)    the issuance by any Governmental Entity, including any regulatory authority or court of competent
jurisdiction, of any ruling, judgment or order making illegal, enjoining, or otherwise preventing or prohibiting the consummation of the Restructuring, unless such ruling, judgment or order has been stayed, reversed or vacated within five
(5) Business Days after the date of such issuance; 
 (vi)    the occurrence of a Material Adverse
Effect; 
 (vii)    the Bankruptcy Court grants relief terminating, annulling, or modifying the automatic
stay (as set forth in section 362 of the Bankruptcy Code) with regard to any assets of any Debtor having an aggregate fair market value in excess of $2,000,000; 

  
 22 

 (viii)    the Bankruptcy Court grants relief that (A) is
inconsistent with this Agreement in any material respect, or (B) would, or would reasonably be expected to, frustrate the purposes of this Agreement, including by preventing the consummation of the Restructuring; 

(ix)    either DIP Order, the Disclosure Statement Order, the RSA Order, or the Confirmation Order is
reversed, stayed, dismissed, vacated, reconsidered, modified or amended without the approval of the Requisite Consenting Creditors; 

(x)    the Bankruptcy Court enters an order modifying or terminating any Debtor’s exclusive right to
file and/or solicit acceptances of a plan of reorganization; 
 (xi)    the Bankruptcy Court enters an
order (which order may be the Confirmation Order) authorizing or directing the assumption, assumption and assignment, or rejection of an executory contract or unexpired lease, other than any assumption or rejection that (A) is consented to by
the Requisite Consenting Creditors, which consent shall not be unreasonably withheld, or (B) is expressly contemplated by the Plan; 

(xii)    any Debtor (A) withdraws the Plan, (B) publicly announces, or announces to any of the
Restructuring Support Parties or other holders of Claims and Interests, its intention to withdraw the Plan or not support the Plan or its support for an Alternative Transaction, (C) moves to voluntarily dismiss any of the Chapter 11 Cases,
(D) moves for conversion of any of the Chapter 11 Cases to cases under chapter 7 under the Bankruptcy Code, or (E) moves for the appointment of an examiner with expanded powers or a chapter 11 trustee; 

(xiii)    the waiver, amendment or modification of the Plan or any of the other Restructuring Documents, or
the filing by any Debtor of a pleading seeking to waive, amend or modify any term or condition of the Plan or any of the other Restructuring Documents, which waiver, amendment, modification or filing contains any provision that (A) is not
consistent in all material respects with this Agreement, or (B) is not otherwise reasonably acceptable to the Requisite Consenting Creditors; 

(xiv)    any of the Debtors take any action or initiate any Proceeding, or the Debtors support any Person
in connection with any action or Proceeding, seeking to challenge (x) the amount, validity, allowance, character, enforceability or priority of any First Lien Notes Claims, or (y) the validity, enforceability or perfection of any lien or
other encumbrance securing any First Lien Notes Claims, or the Bankruptcy Court enters an order granting any such relief; 

(xv)    the Bankruptcy Court enters an order (A) directing the appointment of an examiner with
expanded powers or a chapter 11 trustee, (B) converting any of the Chapter 11 Cases to a case under chapter 7 of the Bankruptcy Code, or (C) dismissing any of the Chapter 11 Cases; 

(xvi)    any Debtor breaches any of the covenants set forth in Sections 4(b)(i), (ii),
(viii), or (xiv); 

  
 23 

 (xvii)    any director, manager or officer of any of the
Debtors or any of their respective Subsidiaries or Affiliates objects to any Restructuring Document or takes any action that is inconsistent with this Agreement in any material respect or would, or would reasonably be expected to, frustrate the
purposes of this Agreement, including by preventing the consummation of the Restructuring; 

(xviii)    any Debtor exercises its rights or takes any action pursuant to
Section 5(b)(iv) or Section 26; or 
 (xix)    the
Debtors terminate this Agreement with respect to the Consenting Creditors pursuant to Section 5(b). 

(b)    Debtor Termination Events. The Debtors may terminate this Agreement with respect to all Restructuring
Support Parties, and such termination shall be effective immediately upon written notice (each, a “Debtor Termination Notice”) delivered to each of the non-terminating Restructuring Support
Parties in accordance with Section 20 hereof, at any time after the occurrence, and during the continuation, of any of the following events (each, a “Debtor Termination Event”), unless waived in writing by
the Debtors: 
 (i)    the breach in any material respect (without giving effect to any
“materiality” qualifiers set forth therein) by one or more of the Consenting Creditors of any of their covenants, undertakings, obligations, representations or warranties contained in this Agreement such that the non-breaching Consenting Creditors own or control less than 50.1% in aggregate principal amount of the First Lien Notes owned or controlled by all of the Consenting Creditors, which breach remains uncured for a
period of five (5) Business Days; 
 (ii)    the Bankruptcy Court enters an order
(A) converting the Chapter 11 Cases to cases under chapter 7 of the Bankruptcy Code, or (B) dismissing the Chapter 11 Cases (in each case, other than as a result of any action or Proceeding initiated or supported by the
Debtors); 
 (iii)    the issuance by any Governmental Entity, including any regulatory authority or
court of competent jurisdiction, of any ruling, judgment or order making illegal, enjoining, or otherwise preventing or prohibiting the consummation of the Restructuring, unless, in each case, such ruling, judgment or order has been issued at the
request one or more Debtors, or, in all other circumstances, such ruling, judgment or order has been stayed, reversed or vacated within five (5) Business Days after such issuance; 

(iv)    the board of directors of Cenveo determines in good faith, and after consultation with outside
counsel, that continued support for the Restructuring and performance under this Agreement would be inconsistent with the exercise of its fiduciary duties under applicable Law; or 

(v)    the Effective Date shall not have occurred by November 2, 2018 (the “End
Date”); provided, however, that the right to terminate this Agreement under this Section 5(b)(v) shall not be available to the Debtors if the failure of the Effective Date to have occurred by the End
Date is caused by, or results from, the breach by any of the Debtors of their respective covenants, agreements or other obligations under this Agreement. 

  
 24 

 (c)    Mutual Termination. This Agreement may be terminated by mutual
written agreement among the Debtors and the Requisite Consenting Creditors. Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically without further required action upon the occurrence of the Effective
Date. 
 (d)    Effect of Termination. Upon the termination of this Agreement with respect to any Restructuring
Support Party in accordance with this Section 5, and except as provided in Section 14 hereof, this Agreement shall forthwith become void and of no further force or effect with respect to such
Restructuring Support Party, and each such Restructuring Support Party shall, except as otherwise expressly provided in this Agreement, be immediately released from its liabilities, obligations, commitments, undertakings and agreements under or
related to this Agreement, have no further rights, benefits or privileges hereunder, and shall have all the rights and remedies that it would have had and shall be entitled to take all actions, whether with respect to the Restructuring or otherwise,
that it would have been entitled to take had it not entered into this Agreement, including all rights and remedies available to it under applicable Law and, in the case of the Consenting Creditors, the First Lien Notes Indenture or any of the other
First Lien Notes Documents; provided, however, that in no event shall any such termination relieve a Restructuring Support Party from (i) liability for its breach or non-performance of its
obligations hereunder prior to the date of such termination or (ii) obligations under this Agreement which by their terms expressly survive termination of this Agreement. Notwithstanding anything to the contrary herein, any of the Consenting
Creditor Termination Events or any of the Debtor Termination Events may be waived in accordance with the procedures established by Section 8 hereof, in which case the Termination Event so waived shall be deemed not to have
occurred, this Agreement shall be deemed to continue in full force and effect, and the rights and obligations of the Restructuring Support Parties under this Agreement shall be restored, subject to any modification set forth in such waiver. If this
Agreement has been terminated in accordance with this Section 5 at a time when permission of the Bankruptcy Court shall be required for a Consenting Creditor to change or withdraw (or cause to change or withdraw) its vote
to accept the Plan, neither the Debtors nor any other Restructuring Support Party shall oppose any attempt by such party to change or withdraw (or cause to change or withdraw) such vote at such time. 

(e)    Automatic Stay. The Debtors acknowledge and agree (and shall not dispute) that after the commencement of the
Chapter 11 Cases, the giving of a Termination Notice by the Requisite Consenting Creditors pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Debtors hereby waive, to the
maximum extent permitted under applicable Law, the applicability of the automatic stay to the giving of such Termination Notice), and no cure period contained in this Agreement shall be extended without the prior written consent of the Requisite
Consenting Creditors. 

  
 25 

	 	6.	Good Faith Cooperation; Further Assurances; Acknowledgement. 

 During the
Restructuring Support Period, the Restructuring Support Parties shall cooperate with each other in good faith and shall reasonably coordinate their activities with each other (to the extent reasonably practicable and subject to the terms hereof) in
respect of (a) all material matters concerning the implementation of the Restructuring, and (b) the pursuit and support of the Restructuring (including Solicitation, confirmation and consummation of the Plan). Furthermore, subject to the
terms hereof, each of the Restructuring Support Parties shall take such reasonable action as may be reasonably necessary to carry out the purposes and intent of this Agreement and the Restructuring, including making and filing any required
Governmental Entity filings and voting any Claims and Interests in favor of the Plan (provided that, none of the Consenting Creditors shall be required to incur, assume, become liable in respect of or suffer to exist any expenses, liabilities
or other obligations, or agree to or become bound by any commitments, undertakings, concessions, indemnities or other arrangements that could result in expenses, liabilities or other obligations to such Consenting Creditor, in connection therewith).
This Agreement is not, and shall not be deemed, a solicitation of votes for the acceptance of a chapter 11 plan of reorganization or a solicitation to tender or exchange any securities. The acceptance of the Plan by the Consenting Creditors will not
be solicited until entry by the Bankruptcy Court of the Disclosure Statement Order and the Consenting Creditors have received the Disclosure Statement and related ballots, as approved by the Bankruptcy Court. 

 

	 	7.	Representations and Warranties. 

 (a)    Each Restructuring
Support Party, (severally and not jointly), represents and warrants to the other Restructuring Support Parties that the following statements are true and correct as of the date hereof (or, in the case of a Consenting Creditor that becomes a party
hereto after the Restructuring Support Effective Date, as of the date such Consenting Creditor becomes a party hereto): 

(i)    such Restructuring Support Party is validly existing and in good standing under the Laws of its
jurisdiction of incorporation, organization or formation (as applicable), and has all requisite corporate, partnership, limited liability company or similar authority to enter into this Agreement and carry out the transactions contemplated under
this Agreement and perform its obligations contemplated under this Agreement, and the execution and delivery of this Agreement by such Restructuring Support Party and the performance of such Restructuring Support Party’s obligations under this
Agreement have been duly authorized by all necessary corporate, limited liability company, partnership or other similar action on its part; 

(ii)    the execution, delivery and performance by such Restructuring Support Party of this Agreement do
not and shall not (A) violate any provision of Law applicable to it, (B) violate its or any of its Subsidiaries’ certificate or articles of incorporation, certificate of formation, bylaws, limited liability company agreement,
partnership agreement or similar organizational documents, (C) conflict with, result in a breach of, or constitute (with due notice or lapse of time or both) a default under any material contractual obligation to which it or any of its
Subsidiaries is a party, other than breaches that arise from the filing of the Chapter 11 Cases, or (D) result in the creation of any lien or other encumbrance of any of its Claims and Interests (except for any lien or encumbrance created
by this Agreement); 

  
 26 

 (iii)    the execution, delivery and performance by such
Restructuring Support Party of this Agreement do not and shall not require any registration or filing with, consent or approval of, or notice to, or other action of, with or by, any Governmental Entity, except such filings as may be necessary or
required under the Bankruptcy Code; 
 (iv)    subject to the provisions of sections 1125 and 1126 of the
Bankruptcy Code, this Agreement is the legally valid and binding obligation of such Restructuring Support Party, enforceable against it in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization,
moratorium or other similar Laws relating to or limiting creditors’ rights generally or by equitable principles relating to enforceability or a ruling of the Bankruptcy Court or any other court of competent jurisdiction; 

(v)    such Restructuring Support Party (A) is a sophisticated party with respect to the subject
matter of this Agreement and the transactions contemplated hereby, (B) has adequate information concerning the matters that are the subject of this Agreement and the transactions contemplated hereby, (C) has such knowledge and experience
in financial and business matters of this type that it is capable of evaluating the merits and risks of entering into this Agreement and of making an informed investment decision, and has independently and without reliance upon any warranty or
representation by, or information from, any other Restructuring Support Party or any officer, employee, agent or representative thereof, of any sort, oral or written, except the warranties and representations expressly set forth in this Agreement,
and based on such information as such Restructuring Support Party has deemed appropriate, made its own analysis and decision to enter into this Agreement and the transactions contemplated hereby, and (D) acknowledges that it has entered into
this Agreement voluntarily and of its own choice and not under coercion or duress; 
 (vi)    such
Restructuring Support Party is not aware of the occurrence of any Event that, due to any fiduciary or similar duty to any other Person, would prevent it from taking any action required of it under this Agreement; and 

(vii)    such Restructuring Support Party is not currently engaged in any discussions, negotiations or
other arrangements with respect to any Alternative Transaction with any Person that owns or holds Claims and Interests. 

(b)    Each Consenting Creditor, severally and not jointly, represents and warrants to each other Restructuring Support
Party that, as of the date hereof (or, in the case of a Consenting Creditor that becomes a party hereto after the Restructuring Support Effective Date, as of the date such Consenting Creditor becomes a party hereto): 

(i)    such Restructuring Support Party (A) is the sole beneficial owner of the principal amount or
number of Claims and Interests, as applicable, set forth below its name on the signature page hereof (or, in the case of a Consenting Creditor that becomes a party hereto after the Restructuring Support Effective Date, below its name on the
signature page of the Joinder Agreement executed and delivered by such Consenting Creditor), and/or (B) has full power and authority to vote on and consent to matters 

  
 27 

 
concerning such Claims and Interests, or to exchange, assign and Transfer such Claims and Interests, and to bind the beneficial owners of such Claims and Interests to any such vote, consent,
exchange, assignment or Transfer; 
 (ii)    such Restructuring Support Party has made no prior
assignment, sale, participation, grant, conveyance or other Transfer of, and has not entered into any agreement to assign, sell, participate, grant, convey or otherwise Transfer, in whole or in part, any portion of its right, title, or interests in
any Claims and Interests that is inconsistent with the representations and warranties of such Restructuring Support Party herein or would render such Restructuring Support Party otherwise unable to comply with this Agreement and perform its
obligations hereunder; 
 (iii)    the Claims and Interests owned by such Restructuring Support Party are
free and clear of any option, proxy, voting restriction, right of first refusal or other limitation on disposition of any kind that would reasonably be expected to adversely affect in any way the performance by such Restructuring Support Party of
its obligations contained in this Agreement at the time such obligations are required to be performed; and 

(iv)    it is an Accredited Investor. 

It is understood and agreed that the representations and warranties made by a Consenting Creditor that is an investment manager, advisor or
subadvisor of a beneficial owner of Claims and Interests are made with respect to, and on behalf of, such beneficial owner and not such investment manager, advisor or subadvisor, and, if applicable, are made severally (and not jointly) with respect
to the investment funds, accounts and other investment vehicles managed by such investment manager, advisor or subadvisor. 

(c)    The Debtors represent and warrant to the Consenting Creditors that, as of the Restructuring Support Effective Date:

 (i)    within five (5) Business Days of the date hereof, the Debtors shall provide to the
Consenting Creditors a true and complete list of each collective bargaining agreement that the Debtors, their ERISA Affiliates, and any other entity that could be viewed as a single employer together with the Debtors or their ERISA Affiliates is
party to as of the date hereof, which list shall be included on Schedule 7(c)(i) annexed hereto; 

(ii)    Schedule 7(c)(ii), annexed hereto, contains a true and complete list of each plan (other
than a multiemployer plan within the meaning of 3(37) of ERISA) subject to Title IV of ERISA, Section 302 of ERISA or Section 412 or Section 430 of the Internal Revenue Code (each, a “Pension Plan”) that the Debtors
or any of their ERISA Affiliates sponsor, maintain, or contribute to or, have an obligation to sponsor, maintain or contribute to or any liability with respect to; 

(iii)    Schedule 7(c)(iii), annexed hereto contains a true and complete list of each multiemployer
plan (within the meaning of 3(37) of ERISA) that is subject to Title IV of ERISA, Section 302 of ERISA or Section 412 or Section 430 of the Internal Revenue Code (each, a “Multiemployer Plan”) that the Debtors or any
of its ERISA Affiliates 

  
 28 

 
contributes to or has any liability for, or has any obligation to contribute to or have any liability with respect to, with each such multiemployer plan that the Debtors or their ERISA Affiliates
has withdrawn from and for which the withdrawal liability is not been paid in full prior to the date hereof separately identified; 

(iv)    within five (5) Business Days of the date hereof, the Debtors shall provide to the Consenting
Creditors a list of each post-retirement welfare plan, including any plan providing medical benefits or life insurance as of the date hereof, which list shall be included on Schedule 7(c)(iv) annexed hereto; and 

(v)    other than the plans listed on Schedules 7(c)(ii), 7(c)(iii), and 7(c)(iv), the Debtors have no
liability, contingent or otherwise, for any Pension Plan or Multiemployer Plan. 
  

	 	8.	Amendments and Waivers. 

 (a)    Except as otherwise expressly
set forth herein, this Agreement, including the Restructuring Term Sheet and any other exhibits or schedules hereto, may not be amended, supplemented, amended and restated, modified or waived except in a writing signed by the Debtors and the
Requisite Consenting Creditors; provided, however, that: (i) any amendment, supplement or modification of or to this Section 8 shall require the written consent of all of the Restructuring Support
Parties; (ii) any amendment, supplement or modification to any of the definitions of “Requisite Consenting Creditors or “Restructuring Support Parties” shall also require the written consent of all of the Restructuring Support
Parties included in any such definition; and (iii) if any such amendment, supplement, modification or waiver would disproportionately and adversely affect any of the rights or obligations (as applicable) of any Consenting Creditor (in its
capacity as a holder of First Lien Notes Claims) set forth in this Agreement in a manner that is different or disproportionate in any material respect from the effect on the rights or obligations (as applicable) of other Consenting Creditors (in
their capacity as holders of First Lien Notes Claims) set forth in this Agreement (other than in proportion to the amount of such First Lien Notes Claims), such amendment, modification, waiver or supplement shall also require the written consent of
such adversely affected Consenting Creditor (it being understood that in determining whether consent of any Consenting Creditor is required pursuant to this clause (iii), no personal circumstances of such Consenting
Creditor shall be considered). 
 (b)    In determining whether any consent or approval has been given or obtained by
the Requisite Consenting Creditors, any then-existing Consenting Creditor that is in material breach of its covenants, obligations or representations under this Agreement (and the respective First Lien Notes held by such Consenting Creditor) shall
be excluded from such determination and the First Lien Notes held by such Consenting Creditor shall be treated as if they were not outstanding. 
  

	 	9.    Transaction	Expenses. 

 (a)    Whether or not the transactions
contemplated by this Agreement are consummated and, in each case, subject to the terms of the applicable engagement letter or fee reimbursement letter, the DIP Orders (after the DIP Orders are entered by the Bankruptcy Court),

  
 29 

 
the Debtors hereby agree, on a joint and several basis, to pay in cash the Transaction Expenses as follows: (i) all accrued and unpaid Transaction Expenses incurred up to (and including) the
Restructuring Support Effective Date shall be paid in full in cash on or prior to the Restructuring Support Effective Date, (ii) prior to the Petition Date and after the Restructuring Support Effective Date, all accrued and unpaid Transaction
Expenses incurred prior to the Petition Date (and not previously paid pursuant to the preceding clause (i)) shall be paid in full in cash by the Debtors on a regular and continuing basis promptly, and in any event, prior to the Petition Date against
receipt of invoices, (iii) after the Petition Date, to the extent permitted by order of the Bankruptcy Court, all accrued and unpaid Transaction Expenses shall be paid in full in cash by the Debtors on a regular and continuing basis promptly
(but in any event within five (5) Business Days) against receipt of invoices, unless otherwise set forth in an applicable order of the Bankruptcy Court, (iv) upon termination of this Agreement with respect to any Restructuring Support
Party, all accrued and unpaid Transaction Expenses of the Consenting Parties’ Advisors to such Restructuring Support Party incurred up to (and including) the date of such termination shall be paid promptly (but in any event within five
(5) Business Days) in full in cash, against receipt of invoices, and (v) on the Effective Date, so long as this Agreement has not been terminated with respect to all Restructuring Support Parties (other than a termination pursuant to the
second sentence of Section 5(c)), all accrued and unpaid Transaction Expenses incurred up to (and including) the Effective Date shall be paid in full in cash on the Effective Date against receipt of reasonably detailed
invoices, without any requirement for Bankruptcy Court review or further Bankruptcy Court order. For the avoidance of doubt, copies of all invoices shall be provided contemporaneously to the Debtors and the Consenting Holders’ Advisors. 

(b)    The terms set forth in this Section 9 shall survive termination of this Agreement and
shall remain in full force and effect regardless of whether the transactions contemplated by this Agreement are consummated. The Debtors hereby acknowledge and agree that the Consenting Creditors have expended, and will continue to expend,
considerable time, effort and expense in connection with this Agreement and the negotiation of the Restructuring, and that this Agreement provides substantial value to, is beneficial to, and is necessary to preserve, the Debtors, and that the
Consenting Creditors have made a substantial contribution to the Debtors and the Restructuring. If and to the extent not previously reimbursed or paid in connection with the foregoing, subject to the approval of the Bankruptcy Court, the Debtors
shall reimburse or pay (as the case may be) all Transaction Expenses pursuant to section 1129(a)(4) of the Bankruptcy Code or otherwise. The Debtors hereby acknowledge and agree that the Transaction Expenses are of the type that should be entitled
to treatment as, and the Debtors shall seek treatment of such Transaction Expenses as, administrative expense claims pursuant to sections 503(b) and 507(a)(2) of the Bankruptcy Code. 

 

	 	10.	Effectiveness. 

 This Agreement shall become effective and binding upon the
Restructuring Support Parties when counterpart signature pages to this Agreement have been executed and delivered by the Debtors, and each of the Initial Consenting Creditors holding, in the aggregate, more than 50% of the aggregate outstanding
principal amount of the First Lien Notes (the date and time this Agreement becomes effective and binding upon the Restructuring Support Parties, the “Restructuring Support Effective Date”). In addition to (and without limiting) the
terms of Section 3(c), a Person that owns or controls First Notes Claims and/or Second Lien Notes Claims 

  
 30 

 
or other Claims and Interests may become a party hereto as a Consenting Creditor by executing a Joinder Agreement and delivering an executed copy thereof to counsel to the Debtors and Stroock (in
each case, at the addresses for such law firms set forth in Section 20 hereof), in which event such Person shall be deemed to be a Consenting Creditor hereunder to the extent of the Claims and Interests owned and controlled
by such Person. With respect to any Person that becomes a party to this Agreement by executing and delivering a Joinder Agreement after the Restructuring Support Effective Date, this Agreement shall become effective as to such Person at the time
such Joinder Agreement is executed and delivered to counsel to the Debtors and Stroock (in each case, at the addresses for such law firms set forth in Section 20 hereof). 

 

	 	11.	Conflicts. 

 The Restructuring Term Sheet is supplemented by the terms and
conditions of this Agreement. However, to the extent this Agreement is silent as to a particular matter set forth in the Restructuring Term Sheet, such matter shall be governed by the terms and conditions set forth in the Restructuring Term Sheet.
In the event the terms and conditions as set forth in the Restructuring Term Sheet and this Agreement are inconsistent, the terms and conditions of the Restructuring Term Sheet shall control. In the event of any conflict among the terms and
provisions of the Plan, this Agreement and/or the Restructuring Term Sheet, the terms and provisions of the Plan shall control. In the event of any conflict among the terms and provisions of the Confirmation Order and the Plan, the terms and
provisions of the Confirmation Order shall control. Notwithstanding the foregoing, nothing contained in this Section 11 shall affect, in any way, the requirements set forth herein for the amendment of this Agreement. 

 

	 	12.	GOVERNING LAW; JURISDICTION; WAIVER OF JURY TRIAL. 

 THIS AGREEMENT
SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE INTERNAL LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY CONFLICTS OF LAW PROVISIONS WHICH WOULD REQUIRE THE APPLICATION OF THE LAW OF ANY OTHER JURISDICTION (EXCEPT TO THE EXTENT IT MAY
BE PREEMPTED BY THE BANKRUPTCY CODE). BY ITS EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH OF THE RESTRUCTURING SUPPORT PARTIES HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ANY LEGAL ACTION, SUIT, DISPUTE OR PROCEEDING ARISING UNDER, OUT OF
OR IN CONNECTION WITH THIS AGREEMENT SHALL BE BROUGHT EXCLUSIVELY IN THE FEDERAL OR STATE COURTS LOCATED IN THE STATE OF NEW YORK, COUNTY OF NEW YORK, AND THE RESTRUCTURING SUPPORT PARTIES IRREVOCABLY CONSENT TO THE JURISDICTION OF SUCH COURTS AND
WAIVE ANY OBJECTIONS AS TO VENUE OR INCONVENIENT FORUM. NOTWITHSTANDING THE FOREGOING CONSENT TO JURISDICTION, FOLLOWING THE COMMENCEMENT OF THE CHAPTER 11 CASES AND SO LONG AS THE BANKRUPTCY COURT HAS JURISDICTION OVER THE DEBTORS, EACH OF THE
RESTRUCTURING SUPPORT PARTIES AGREES THAT THE BANKRUPTCY COURT SHALL HAVE EXCLUSIVE JURISDICTION WITH RESPECT TO ANY MATTER UNDER OR ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT, AND HEREBY SUBMITS TO THE JURISDICTION OF THE BANKRUPTCY COURT.
EACH RESTRUCTURING SUPPORT PARTY IRREVOCABLY 

  
 31 

 
WAIVES ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY. 

 

	 	13.	Specific Performance/Remedies. 

 It is understood and agreed by the Restructuring
Support Parties that money damages would not be a sufficient remedy for any breach of this Agreement by any Restructuring Support Party and each non-breaching Restructuring Support Party shall be entitled to
seek specific performance and injunctive or other equitable relief (including reasonable attorneys’ fees, costs and expenses) as a remedy of any such breach, in addition to any other remedy to which such
non-breaching Restructuring Support Party may be entitled, at law or in equity, without the necessity of proving the inadequacy of money damages as a remedy, including an order of the Bankruptcy Court
requiring any Restructuring Support Party to comply promptly with any of its obligations hereunder. Each Restructuring Support Party hereby waives any requirement for the securing or posting of any bond in connection with such remedies. 

 

	 	14.	Survival. 

 Notwithstanding the termination of this Agreement pursuant to
Section 5 hereof, the agreements and obligations of the Restructuring Support Parties in this Section 14 and Sections 5(d), 5(e), 8, 9 (solely for
purposes of enforcement of the payment of Transaction Expenses accrued through the occurrence of the applicable Termination Event), 12, 13, 15, 16, 17, 18, 19, 20, 21, 22,
23, 24, and 25 hereof, the last paragraph of Section 2, and the last paragraph of Section 3(a), and any defined terms used in any of the forgoing Sections or paragraphs (solely
to the extent used therein), shall survive such termination and shall continue in full force and effect in accordance with the terms hereof. 
  

	 	15.	Headings. 

 The headings of the sections, paragraphs and subsections of this
Agreement are inserted for convenience only and shall not affect the interpretation hereof or, for any purpose, be deemed a part of this Agreement. 
  

	 	16.	Successors and Assigns; Severability. 

 This Agreement is intended to bind and
inure to the benefit of the Restructuring Support Parties and their respective successors, permitted assigns, heirs, executors, administrators and representatives; provided, however, that nothing contained in this
Section 16 shall be deemed to permit sales, assignments or other Transfers of the Claims and Interests other than in accordance with Sections 3(c) and 3(d) of this Agreement. If any provision of this
Agreement, or the application of any such provision to any Person or circumstance, shall be held invalid or unenforceable in whole or in part, such invalidity or unenforceability shall attach only to such provision or part thereof and the remaining
part of such provision and this Agreement shall continue in full force and effect; provided, however, that nothing in this Section 16 shall be deemed to amend, supplement or otherwise modify, or constitute a
waiver of, any Termination Event. Upon any such determination of invalidity, the Restructuring Support Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the

  
 32 

 
Restructuring Support Parties as closely as possible, in a reasonably acceptable manner, such that the transactions contemplated hereby are consummated as originally contemplated to the greatest
extent possible. 
  

	 	17.	No Third-Party Beneficiaries. 

 This Agreement shall be solely for the benefit of
the Restructuring Support Parties and no other Person shall be a third-party beneficiary hereof. 
  

	 	18.	Prior Negotiations; Entire Agreement. 

 This Agreement, including the exhibits and
schedules hereto, constitutes the entire agreement of the Restructuring Support Parties, and supersedes all other prior negotiations, with respect to the subject matter of this Agreement, whether written or oral; provided, however,
that any confidentiality agreement executed by any Consenting Creditor shall survive execution and delivery of this Agreement and shall continue in full force and effect, subject to the terms thereof, irrespective of the terms hereof. 

 

	 	19.	Counterparts. 

 This Agreement may be executed in several counterparts, each of
which shall be deemed to be an original, and all of which together shall be deemed to be one and the same agreement. Any execution copies of this Agreement and executed counterpart signature pages to this Agreement may be delivered by electronic
mail (“e-mail”) or other electronic imaging means, which shall be deemed to be an original for the purposes of this Section 19; provided, however, that
signature pages executed by the Consenting Creditors shall be delivered to (a) each of the other Consenting Creditors in a redacted form that removes the Consenting Creditors’ holdings of Claims and Interests, and (b) the Debtors and
the Ad Hoc Committee Advisors in an unredacted form. 
  

	 	20.	Notices. 

 All notices, requests, demands, document deliveries and other
communications under this Agreement shall be in writing and shall be deemed to have been duly given, provided, made or received (a) when delivered personally, (b) when sent by e-mail, (c) one
(1) Business Day after deposit with an overnight courier service, or (d) three (3) Business Days after mailed by certified or registered mail, return receipt requested, with postage prepaid to the Restructuring Support Parties at the following
addresses or e-mail addresses (or at such other addresses or e-mail addresses for a Restructuring Support Party as shall be specified by like notice): 

  
 33 

 If to the Debtors: 

Cenveo, Inc. 
 200 First Stamford
Place, 2nd Floor 
 Stamford, Connecticut 06902 

Attn.:  Ayman Zameli 
 Email:
Ayman.Zameli@cenveo.com 
 with a copy to (which shall not constitute notice): 

Kirkland & Ellis LLP 

601 Lexington Avenue 
 New York,
NY 10022 
 Attn.:  Jonathan S. Henes 

   Joshua A. Sussberg 

   George Klidonas 

Email: jhenes@kirkland.com 

   jsussberg@kirkland.com 

   george.klidonas@kirkland.com 

-and- 
 Kirkland & Ellis
LLP 
 300 North LaSalle 

Chicago, Illinois 60654 
 Attn.:
 Gregory F. Pesce 
    Melissa N. Koss 

Email: gregory.pesce@kirkland.com 

   melissa.koss@kirkland.com 

If to the Consenting Creditors: 

To each Consenting Creditor at the addresses or e-mail addresses set forth in the Consenting
Creditors’ signature pages to this Agreement (or in the signature page to a Joiner Agreement in the case of any Consenting Creditor that becomes a party hereto after the Restructuring Support Effective Date) 

with copies to (which shall not constitute notice): 

Stroock & Stroock & Lavan LLP 

180 Maiden Lane 
 New York, New
York 10038 
 Attn:  Brett Lawrence 

 Erez Gilad 

 Gabriel Sasson 

Email: blawrence@stroock.com 

   egilad@stroock.com 

   gsasson@stroock.com 

  
 34 

	 	21.	Reservation of Rights; No Admission. 

 Except as expressly provided in this
Agreement and in any amendment hereto, nothing herein is intended to, or does, in any manner waive, limit, impair or restrict the ability of each of the Restructuring Support Parties to (a) protect and preserve its rights, remedies and
interests, including its claims against any of the other Restructuring Support Parties (or their respective Affiliates or Subsidiaries), (b) consult with any of the other Restructuring Support Parties, (c) fully participate in any bankruptcy
case filed by any Debtor, or (d) purchase, sell or enter into any transactions in connection with Claims and Interests, in each case subject to the terms hereof. Without limiting the foregoing sentence in any way, if the Restructuring is not
consummated, or if this Agreement is terminated for any reason, nothing shall be construed herein as a waiver by any Restructuring Support Party of any or all of such Restructuring Support Party’s rights, remedies, claims and defenses and the
Restructuring Support Parties expressly reserve any and all of their respective rights, remedies, claims and defenses. No Consenting Creditor shall have, by reason of this Agreement, a fiduciary relationship in respect of any other Restructuring
Support Party, any holder of Claims and Interests, or any other Person, and nothing in this Agreement (including the Restructuring Term Sheet), express or implied, is intended to impose, or shall be construed as imposing, upon any Consenting
Creditor any obligations in respect of this Agreement or the Restructuring except as expressly set forth herein. This Agreement is part of a proposed settlement of matters that could otherwise be the subject of litigation among the Restructuring
Support Parties. Pursuant to Rule 408 of the Federal Rules of Evidence, any applicable state rules of evidence and any other applicable Law, foreign or domestic, this Agreement and all negotiations relating hereto shall not be admissible into
evidence in any Proceeding other than a Proceeding to enforce its terms. This Agreement, the Restructuring Term Sheet and the Plan shall in no event be construed as or be deemed to be evidence of an admission or concession on the part of any
Restructuring Support Party of any claim, fault, liability or damages whatsoever (including with respect to any Pension Plan or Multiemployer Plan and it is hereby acknowledged and agreed that the Consenting Creditors are continuing to conduct
diligence with respect to the Pension Plans and Multiemployer Plans). Each of the Restructuring Support Parties denies any and all wrongdoing or liability of any kind and does not concede any infirmity in the claims or defenses which it has asserted
or could assert. 
  

	 	22.	Prevailing Party. 

 If any Restructuring Support Party brings a Proceeding against
any other Restructuring Support Party based upon a breach by such Restructuring Support Party of its obligations hereunder, the prevailing Restructuring Support Party shall be entitled to the reimbursement of all reasonable fees and expenses
incurred, including reasonable attorneys’, accountants’ and financial advisors’ fees in connection with such Proceeding, from the non-prevailing Restructuring Support Party. 

  
 35 

	 	23.	Representation by Counsel. 

 Each Restructuring Support Party acknowledges that it
has been represented by, or has been provided a reasonable period of time to obtain access to and advice by, counsel with respect to this Agreement and the Restructuring contemplated herein. Accordingly, any rule of Law or any legal decision that
would provide any Restructuring Support Party with a defense to the enforcement of the terms of this Agreement against such Restructuring Support Party based upon lack of legal counsel shall have no application and is expressly waived. 

 

	 	24.	Relationship Among Restructuring Support Parties. 

 Notwithstanding
anything herein to the contrary, the duties and obligations of the Consenting Creditors under this Agreement shall be several, not joint. It is understood and agreed that no Consenting Creditor has any duty of trust or confidence in any kind or form
with any other Restructuring Support Party, and, except as expressly provided in or expressly contemplated by this Agreement, there are no commitments among or between them. In this regard, it is understood and agreed that any Consenting Creditor is
not prohibited from trading in the Claims and Interests of any Debtor without the consent of any other Restructuring Support Party, subject, however, to compliance with the terms of this Agreement; provided, however, that no Consenting
Creditor shall have any responsibility for any such trading to any other entity by virtue of this Agreement. No prior history, pattern or practice of sharing confidences among or between the Restructuring Support Parties shall in any way affect or
negate this understanding and agreement. No Consenting Creditor shall, as a result of its entering into and performing its obligations under this Agreement, be deemed to be part of a “group” (as that term is used in Section 13(d) of
the Exchange Act) with any other Restructuring Support Party. For the avoidance of doubt, no action taken by a Consenting Creditor pursuant to this Agreement shall be deemed to constitute or to create a presumption by any of the Parties that the
Consenting Creditors are in any way acting in concert or as such a “group.” 
  

	 	25.	Disclosure; Publicity. 

 The Debtors shall submit drafts to the Ad Hoc Committee
Advisors of any press releases and public documents that constitute disclosure of the existence or terms of this Agreement or any amendment to the terms of this Agreement at least three (3) Business Days prior to making any such disclosure, and
shall afford them a reasonable opportunity under the circumstances to comment on such documents and disclosures and shall incorporate any such reasonable comments in good faith. Except as required by Law, no Restructuring Support Party or its
advisors shall (a) use the name of any Consenting Creditor in any public manner (including in any press release) with respect to this Agreement, the Restructuring or any of the Restructuring Documents or (b) disclose to any Person
(including, for the avoidance of doubt, any other Consenting Creditor), other than advisors to the Debtors, the principal amount or percentage of any Claims and Interests held by any Consenting Creditor, or the DIP Commitment amount of any DIP
Lender, in each case, without such Consenting Creditor’s or DIP Lender’s prior written consent; provided, however, that (i) if such disclosure is required by Law, the disclosing Restructuring Support Party shall afford
the relevant Consenting Creditor or DIP Lender a reasonable opportunity to review and comment in advance of such disclosure and shall take all reasonable measures to limit such disclosure and (ii) the foregoing shall not prohibit the

  
 36 

 
disclosure of the aggregate percentage or aggregate principal amount of Claims and Interests held by the Consenting Creditors in the aggregate. Notwithstanding the provisions in this
Section 25, (x) any Restructuring Support Party may disclose the identities of the Restructuring Support Parties in any action to enforce this Agreement or in any action for damages as a result of any breaches hereof,
and (y) any Restructuring Support Party may disclose, to the extent expressly consented to in writing by a Consenting Creditor or DIP Lender, such Consenting Creditor’s identity and individual holdings. 

 

	 	26.	Fiduciary Duties. 

 Notwithstanding any other provision in this Agreement to the
contrary, nothing in this Agreement shall require any Debtor, nor any board of directors or managers of any Debtor, to take or refrain from taking any action pursuant to this Agreement (including, without limitation, terminating this Agreement), to
the extent such Debtor or board of directors or mangers reasonably determines in good faith, based on the written advice of external counsel (including counsel to the Debtors), that taking, or refraining from taking, such action, as applicable,
would be inconsistent with its fiduciary obligations under applicable law, in which case, the Debtors shall promptly notify each of the Consenting Creditors (and in any event within two (2) Business Days following any such determination) and
may terminate this Agreement in accordance with Section 5(b)(iv) hereof. The Debtors hereby acknowledge and agree that, as of the Restructuring Support Effective Date, the Debtors’ entry into this Agreement does not
violate, and is consistent with, the fiduciary duties of the Debtors’ directors, managers, or officers, as applicable. 
  

	 	27.	Consideration 

 Each Restructuring Support Party hereby acknowledges that no
consideration, other than that specifically described herein or in the Plan, shall be due or paid to any Restructuring Support Party for its agreement (subsequent to proper disclosure and solicitation) to vote to accept the Plan or to otherwise
support and take actions to effectuate the Restructuring in accordance with the terms and conditions of this Agreement, other than each of the Restructuring Support Parties’ representations, warranties, and agreements with respect to their
commitments hereunder regarding the consummation of the Restructuring and the confirmation and consummation of the Plan. 
  

	 	28.	Acknowledgements. 

 THIS AGREEMENT, THE RESTRUCTURING TERM SHEET, THE PLAN, THE
OTHER RESTRUCTURING DOCUMENTS, THE RESTRUCTURING, AND THE TRANSACTIONS CONTEMPLATED HEREIN AND THEREIN ARE THE PRODUCT OF ARMS’-LENGTH NEGOTIATIONS BETWEEN THE RESTRUCTURING SUPPORT PARTIES AND THEIR RESPECTIVE REPRESENTATIVES. EACH
RESTRUCTURING SUPPORT PARTY HEREBY ACKNOWLEDGES THAT THIS AGREEMENT IS NOT, AND SHALL NOT BE DEEMED TO BE, A SOLICITATION OF VOTES FOR THE ACCEPTANCE OF THE PLAN OR REJECTION OF ANY OTHER CHAPTER 11 PLAN FOR PURPOSES OF SECTIONS 1125 AND 1126 OF THE
BANKRUPTCY CODE OR OTHERWISE. THE PROPONENTS OF THE PLAN SHALL NOT SOLICIT ACCEPTANCES OF THE PLAN FROM ANY PERSON UNTIL THE PERSON HAS BEEN PROVIDED WITH 

  
 37 

 
A COPY OF THE PLAN, DISCLOSURE STATEMENT, AND RELATED DOCUMENTS. NOTHING IN THIS AGREEMENT SHALL REQUIRE ANY RESTRUCTURING SUPPORT PARTY TO TAKE ANY ACTION PROHIBITED BY THE BANKRUPTCY CODE, THE
SECURITIES ACT, ANY OTHER APPLICABLE LAW OR REGULATION, OR AN ORDER OR DIRECTION OF ANY COURT OR ANY OTHER GOVERNMENTAL ENTITY. 

[Signature pages follow] 

  
 38 

 IN WITNESS WHEREOF, the Restructuring Support Parties hereto have caused this Agreement to be
executed and delivered by their respective duly authorized officers, solely in their respective capacity as officers of the undersigned and not in any other capacity, as of the date first set forth above. 

 

			
	 Cenveo, Inc.

		
	By:	 	 /s/ Robert G. Burton, Sr.

	Name:	 	Robert G. Burton, Sr.
	Title:	 	Chairman and CEO
	
	Cenveo Corporation
		
	 By:
	 	 /s/ Robert G. Burton, Sr.

	Name:	 	Robert G. Burton, Sr.
	Title:	 	Chairman and CEO

  
 [Restructuring Support
Agreement Signature Page] 

 
			
	CONSENTING CREDITOR 

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
			
	
	Notice Address:
	  

	  

	  

			
	Attention:	 	  

 
			
	
	 Principal Amount of First Lien Notes:
  

$

	
	 Principal Amount of Second Lien Notes:
  

$

	
	 Principal Amount of Other Claims:
  

$

	
	 Equity Interests:
  

 [Restructuring Support Agreement Signature Pages] 

 EXHIBIT A 

RESTRUCTURING TERM SHEET 
 THIS
RESTRUCTURING TERM SHEET IS NOT AN OFFER WITH RESPECT TO ANY SECURITIES OR A SOLICITATION OF ACCEPTANCES OF ANY CHAPTER 11 PLAN WITHIN THE MEANING OF SECTION 1125 OF THE BANKRUPTCY CODE OR ANY OTHER PLAN OF REORGANIZATION OR SIMILAR PROCESS UNDER
ANY OTHER APPLICABLE LAW. ANY SUCH OFFER OR SOLICITATION WILL COMPLY WITH ALL APPLICABLE SECURITIES LAWS, PROVISIONS OF THE BANKRUPTCY CODE AND/OR OTHER APPLICABLE LAWS. THIS RESTRUCTURING TERM SHEET IS NOT BINDING AND IS SUBJECT TO APPROVAL BY THE
AD HOC COMMITTEE (AS DEFINED BELOW). IN ADDITION, NO PARTY SHALL BE BOUND WITH RESPECT TO ANY TRANSACTION UNTIL THE EXECUTION AND DELIVERY OF DEFINITIVE DOCUMENTATION AFTER OBTAINING ALL NECESSARY INTERNAL APPROVALS. THIS RESTRUCTURING TERM SHEET IS
FOR SETTLEMENT DISCUSSION PURPOSES ONLY, IS SUBJECT TO RULE 408 OF THE FEDERAL RULES OF EVIDENCE, AND CANNOT BE DISCLOSED TO ANY OTHER PERSON OR ENTITY WITHOUT THE CONSENT OF THE COMPANY (AS DEFINED IN THE RESTRUCTURING SUPPORT AGREEMENT (AS DEFINED
BELOW)) AND THE AD HOC COMMITTEE. 
  
  

 

			
	CENVEO, INC., et al.  

Restructuring Term Sheet1

	
	Overview
		
	Introduction	    	This term sheet (this “Restructuring Term Sheet”) contemplates a comprehensive restructuring of the Debtors (the “Restructuring”). The Restructuring contemplates, among other things, that the
Debtors shall commence voluntary chapter 11 cases in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”) for the purposes of implementing the Plan. To effectuate the Restructuring, the
Debtors and the members of the Ad Hoc Committee intend to enter into the Restructuring Support Agreement, to which this Term Sheet shall be attached as Exhibit A.
		
	DIP Facilities	    	In connection with the Restructuring, the Debtors shall obtain (1) a $190 million senior secured debtor-in-possession, asset based loan
facility to be provided by certain lenders under the Prepetition ABL Facility (the “DIP ABL Facility”), and (2) a $100 million senior secured
debtor-in-possession, multiple-draw term loan facility to be provided by the members of the Ad Hoc Committee (the “DIP Term Facility”, and together with
the DIP ABL Facility, the “DIP Facilities”), pursuant to the

 

	1 	Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in Schedule 1 attached hereto or the Restructuring Support Agreement to which this Restructuring Term
sheet is attached (the “Restructuring Support Agreement”), as applicable. 

			
		
		    	credit agreements substantially in the forms attached hereto as Exhibit 1 (the “DIP Credit Agreements”), in each case, subject to entry of interim and final orders of the Bankruptcy Court, each in form
and substance acceptable to the applicable DIP Lenders (as defined in the DIP Credit Agreements). The DIP ABL Facility shall “roll up” all amounts outstanding under the Prepetition ABL Facility on the terms set forth in the DIP Credit
Agreements.
	
	Treatment of Unclassified Claims
		
	Administrative,
Priority Tax,
and Other
Priority Claims	    	Each holder of an allowed administrative, priority tax, or other priority claim shall be paid in full in cash on the effective date of the Plan (the “Effective Date”), or in the ordinary course of business as and
when due, or otherwise receive treatment consistent with the provisions of section 1129(a) of the Bankruptcy Code.
		
	DIP Facility
Claims	    	 DIP ABL Claims. On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in
exchange for all claims on account of, arising under or in connection with the DIP ABL Facility (the “DIP ABL Claims”), all amounts outstanding under the DIP ABL Facility as of the Effective Date shall be (a) paid in full in
cash from the proceeds of the Exit ABL Facility or (b) exchanged into the Exit ABL Facility on terms acceptable to the Debtors and the Requisite Consenting Creditors.
  

DIP Term Claims. On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange for all claims
on account of, arising under or in connection with the DIP Term Facility (the “DIP Term Claims, and together with the DIP ABL Claims, the “DIP Facility Claims”), all amounts outstanding under the DIP Term Facility as of
the Effective Date shall be (a) paid in full in cash from the proceeds of the Exit Debt Facility or (b) exchanged into the Exit Debt Facility on terms acceptable to the Debtors and the Requisite Consenting Creditors.

	
	Treatment of Classified Claims and Interests
		
	FILO Notes
Claims	    	 Treatment. On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange
for each FILO Notes Claim, each FILO Notes Claim shall, as determined by the Debtors, subject to the reasonable consent of the Requisite Consenting Creditors, (a) be paid in full in cash from the proceeds of the Exit Debt Facility, (b) be
reinstated, or (c) receive a treatment consistent with section 1129(b) of the Bankruptcy Code.
  

Voting Status. To be determined.

  
 2 

			
		
	Other Secured
Claims	    	 Treatment. On or after the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of
and in exchange for each allowed Other Secured Claim, at the option of the Debtors (with the reasonable consent of the Requisite Consenting Creditors) or the Reorganized Debtors, as applicable, each holder of any such Claim (i) shall receive
payment in cash in an amount equal to such Claim, (ii) shall receive the collateral underlying such Claim, (iii) shall have such Claim reinstated, or (iv) shall receive such other treatment so as to render such Claim unimpaired
pursuant to section 1124 of the Bankruptcy Code.
  
 Voting. Unimpaired; not
entitled to vote to accept or reject the Plan.

		
	First Lien Notes
Claims	    	 Treatment. On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange
for each First Lien Notes Claim, each holder of any such Claim will receive its pro rata share of: (a) the New Second Lien Debt with an aggregate principal amount equal to the greater of (i) $200 million, and (ii) an amount equal to
$450 million minus the Adjusted Exit Debt Amount (the “New Second Lien Debt Amount”); provided that, in the event the Debtors obtain an Additional Exit Financing, the proceeds of such Additional Exit Financing
shall be distributed on the Effective Date to the holders of First Lien Notes Claims in lieu of New Second Lien Debt otherwise issuable to such holder under the Plan, on a dollar for dollar basis, and (b) 99.5% of the Reorganized Cenveo Equity
Interests, subject to dilution by the Management Incentive Plan (as defined below).
  

Voting Status. Impaired; entitled to vote to accept or reject the Plan.

		
	Second Lien Notes
Claims	    	 Treatment. On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange
for each Second Lien Notes Claim, each holder of any such Claim will receive its pro rata share of 0.5% of the Reorganized Cenveo Equity Interests, subject to dilution by the Management Incentive Plan.

 
 Voting Status. Impaired; entitled to vote to accept or reject the
Plan.

		
	Unsecured Notes
Claims	    	 Treatment. On the Effective Date, in full and final satisfaction, compromise, settlement, release, and discharge of and in exchange
for each Unsecured Notes Claim, each holder of any such Claim will receive its pro rata share of the Cash Pool Distribution.
  

Voting Status. Impaired; entitled to vote to accept or reject the Plan.

		
	General Unsecured
Claims	    	Treatment. On or as soon as reasonably practicable after, the Effective Date (and subject to the allowance, objection and distribution procedures set forth in the Plan), except to the extent that a holder agrees to less
favorable treatment, in full and final satisfaction, compromise, settlement,

  
 3 

			
		 	 release, and discharge of and in exchange for each allowed General Unsecured Claim, each holder of any such Claim shall receive its pro
rata share of the Cash Pool Distribution.
  
 Voting Status. Impaired;
entitled to vote to accept or reject the Plan.

		
	Section 510(b)
Claims	 	 Treatment. Any claim subject to subordination under section 510(b) of the Bankruptcy Code (collectively, the
“Section 510(b) Claims”) shall be canceled, released, and extinguished, and holders thereof shall receive no recovery or distribution under the Plan.
  

Voting Status. Impaired; deemed to reject the Plan.

		
	Intercompany
Claims	 	 Treatment. Each Claim held by a Debtor against another Debtor shall, at the Debtors’ discretion, with the reasonable consent of
the Requisite Consenting Creditors, either be (a) reinstated as of the Effective Date or (b) cancelled, in which case, no distribution shall be made on account of such Claim.

 
 Voting Status. Deemed to reject the Plan or presumed to accept the Plan; not
entitled to vote to accept or reject the Plan.

		
	Intercompany
Interests	 	 Treatment. Each Intercompany Interest shall either be (a) reinstated as of the Effective Date or (b) cancelled, in which
case no distribution shall be made on account of such Intercompany Interest, in each case as determined by the Debtors with the reasonable consent of the Requisite Consenting Creditors.

 
 Voting Status. Deemed to reject the Plan or presumed to accept the Plan; not
entitled to vote to accept or reject the Plan.

		
	Existing Equity
Interests in
Cenveo	 	 Treatment. All Existing Equity Interests in Cenveo, whether represented by stock, preferred share purchase rights, warrants, options,
or otherwise, will be cancelled, released, and extinguished and the holders of such Existing Equity Interests will receive no distribution under the Plan on account thereof.
  

Voting Status. Impaired; deemed to reject the Plan.

	
	Discharge, Releases, Exculpation, and Injunction Provisions
		
	Releases and
Related Provisions	 	The Plan will include discharge, release, exculpation and injunction provisions substantially similar to the provisions set forth on Exhibit 4 attached hereto, in each case, to the maximum extent permitted under
applicable law and otherwise acceptable to the Debtors and reasonably acceptable to the Requisite Consenting Creditors.

  
 4 

			
	
	Other Key Terms
		
	Restructuring
Documents	    	 All Restructuring Documents shall be consistent in all respects with the Restructuring Support Agreement and this Restructuring Term
Sheet.
  
 The Plan Supplement shall also contain a “Description of Restructuring
Transactions” which shall include a description of the transaction steps to be implemented to effectuate the Restructuring, including any changes to the corporate and/or capital structure of the Reorganized Debtors (to the extent known) to be
made on the Effective Date, as determined by the Debtors with the reasonable consent of the Requisite Consenting Creditors except to the extent otherwise expressly set forth herein. For the avoidance of doubt, changes to the corporate and/or capital
structure may include, but are not limited to, (i) the conversion of one or more of the Debtors into corporations, limited liability companies or partnerships, (ii) the creation of one or more newly formed Entities and/or holding companies
with respect to the Reorganized Debtors, (iii) the issuance of intercompany liabilities and/or intercompany equity, and (iv) any “election” that may be made for United States federal income tax purposes.

		
	Critical Vendors	    	The Debtors will treat certain holders of General Unsecured Claims as “critical vendors” pursuant to first-day orders, subject to the terms of the DIP Facilities.
		
	Milestones	    	The Debtors shall comply with the milestone deadlines set forth on Exhibit 2 attached hereto.
		
	Exit Debt Facility	    	On the Effective Date, the Reorganized Debtors shall enter into an exit debt financing facility (the “Exit Debt Facility”) in an aggregate principal amount necessary to repay, satisfy or fund, as applicable,
(i) the aggregate amount of claims outstanding under the DIP Term Facility as of the Effective Date, (ii) the aggregate amount of FILO Note Claims outstanding as of the Effective Date (to the extent such claims are not reinstated or
treated pursuant to section 1129(b) of the Bankruptcy Code under the Plan), (iii) up to an additional $82 million; provided, however that the Reorganized Debtors shall have minimum liquidity (including unrestricted cash and
availability under the Exit ABL Facility as of the Effective Date) of $65 million; provided, further, however, that the principal amount of the Exit Debt Facility may be further increased with the prior written consent of
the Requisite Consenting Creditors. The terms, conditions and amount of the Exit Debt Facility shall otherwise be reasonably acceptable to the Debtors and the Requisite Consenting Creditors.
		
	Exit ABL Facility	    	On the Effective Date, the Reorganized Debtors shall enter into the Exit ABL Facility in an aggregate commitment amount of $190 million. The terms and conditions of the Exit ABL Facility shall be acceptable to the Debtors and
reasonably acceptable to the Requisite Consenting Creditors.

  
 5 

			
		
	Additional Exit
Financing	    	The Debtors may raise additional exit non-convertible debt financing on terms acceptable to the Debtors and reasonably acceptable to the Requisite Consenting Creditors, the proceeds of which
shall be used to satisfy all or a portion of the First Lien Notes Claims in whole or in part in cash on the Effective Date (the “Additional Exit Financing”). The cash proceeds of any Additional Exit Financing shall be distributed to
the holders of the First Lien Debt Claims under the Plan. Any amount of cash distributed to the holders of First Lien Notes Claims in lieu of Second Lien Debt on the Effective Date will result in a dollar-for-dollar reduction of the principal amount of the Second Lien Debt otherwise issuable to the holders of the First Lien Debt Claims under the Plan. The terms of any such Additional Exit Financing
shall be set forth in the Plan Supplement.
		
	New Second Lien
Debt	    	On the Effective Date, except to the extent that the Debtors obtain any Additional Exit Financing, the Reorganized Debtors shall issue New Second Lien Debt with an aggregate principal amount equal to the New Second Lien Debt Amount
to holders of First Lien Notes Claims.
		
	Reorganized Cenveo
Equity Interests	    	 On the Effective Date, Reorganized Cenveo shall issue the Reorganized Cenveo Equity Interests in accordance with the terms of the Plan and
the New Organizational Documents, without the need for any further corporate or shareholder action.
  

Upon the Effective Date, (i) the Reorganized Cenveo Equity Interests shall not be registered under the Securities Act, and shall not be listed for public
trading on any securities exchange, and (ii) none of the Reorganized Debtors will be a reporting company under the Exchange Act.
  

The distribution of Reorganized Cenveo Equity Interests pursuant to the Plan may be made by delivery of one or more certificates representing such new equity
interests as described herein, by means of book entry registration on the books of the transfer agent for shares of Reorganized Cenveo Equity Interests or by means of book entry exchange through the facilities of a transfer agent satisfactory to the
Debtors and the Requisite Consenting Creditors in accordance with the customary practices of such agent, as and to the extent practicable.

  
 6 

			
		
	New Board of
Directors	    	 The board of directors of Reorganized Cenveo immediately after the consummation of the Restructuring (the “New Board”) shall
consist of the following individuals:
  

•  Robert G. Burton, Sr.;
  

•  Robert G. Burton, Jr.; and

 
 •  Five (5) directors
appointed by the Requisite Consenting Creditors. The Requisite Consenting Creditors shall consider in good faith any candidates recommended by the Debtors.
  

The organizational documents of the Reorganized Debtors shall be in form and substance acceptable to the Requisite Consenting Creditors.

		
	Stockholders
Agreement	    	The Plan shall provide that any holder of a Claim that is to be distributed shares of Reorganized Cenveo Equity Interests pursuant to the Plan shall be required to duly execute and deliver to Reorganized Cenveo, as an express
condition precedent to such holder’s receipt of such shares of Reorganized Cenveo Equity Interests, a counterpart to the stockholders agreement, shareholder agreement or similar agreement.
		
	New
Management
Agreements	    	The Debtors’ will either assume the existing agreements with the current management team (i.e., the current named executive officers) or will enter into new employment agreements on the Effective Date with such
individuals (on substantially similar economic terms), which agreements shall be acceptable to the applicable management team member and reasonably acceptable to the Debtors and the Requisite Consenting Creditors, except that the Debtors shall enter
into a new agreement with Robert G. Burton, Sr., which new agreement shall provide for (i) an annual salary of $1.25 million, (ii) a target bonus of up to 130% of his annual salary, and (iii) severance equal to the sum of his
annual salary and annual target bonus, and shall otherwise be acceptable to Robert G. Burton, Sr., the Debtors, and the Requisite Consenting Creditors.

  
 7 

			
		
	Management
Incentive Plan	    	 In addition to any key employee incentive plan implemented during the Chapter 11 Cases, the Plan shall provide for a management incentive
plan (the “Management Incentive Plan”) that provides for the issuance of (i) on the Effective Date, restricted stock units exercisable for up to 3.0% of the Reorganized Cenveo Equity Interests (on a fully diluted basis) and
(ii) stock options, stock appreciation rights and other similar appreciation awards exercisable for up to 9.0% of the Reorganized Cenveo Equity Interests, on a fully diluted basis to management, key employees and directors of the Reorganized
Debtors.
  
 The participants in the Management Incentive Plan, the timing and
allocations of the awards to participants, and the other terms and conditions of such awards (including, but not limited to, vesting, exercise prices, base values, hurdles, forfeiture, repurchase rights and transferability) shall be set forth as an
Exhibit to the Plan Supplement; provided that, to the extent any stock options, stock appreciation rights or other similar appreciation awards are granted on, or shortly after, the Effective Date, the exercise price of such stock options,
stock appreciation rights and other similar appreciation awards shall be the exercise price that would otherwise provide the holders of the First Lien Notes Claims with an aggregate recovery of 75% of their aggregate outstanding First Lien Notes
Claims (including, without limitation, all accrued and unpaid interest), as of the Petition Date, taking into account all distributions received under the Plan, unless otherwise required to avoid additional tax liabilities under Section 409A of
the Internal Revenue Code.

		
	Professional Fee
Escrow	    	 The Plan shall require the establishment of a professional fee escrow account (the “Professional Fee Escrow”) to be
funded with cash in the amount equal to the Professional Fee Reserve Amount (as defined herein). It shall be a condition precedent to the Effective Date that the Debtors shall have funded the Professional Fee Escrow in full in cash in an amount
equal to the Professional Fee Reserve Amount.
  
 The Professional Fee Escrow shall be
maintained in trust solely for the benefit of professionals retained by the Debtors or the Committee (each a “Professional,” and collectively, the “Professionals”). The Professional Fee Escrow shall not be
considered property of the Debtors or their estates, and no liens, claims, or interests shall encumber the Professional Fee Escrow, or funds held in the Professional Fee Escrow, in any way.

 
 The “Professional Fee Reserve Amount” shall consist of the total amount
of unpaid compensation and unreimbursed expenses incurred by Professionals retained through and including the confirmation date, in each case as reasonably determined in good faith by the applicable Professional, in consultation with the Requisite
Consenting Creditors.

  
 8 

			
		
	Transaction
Expenses	    	On the Effective Date, the Debtors shall pay in full in cash any outstanding Transaction Expenses without the requirement for the filing of retention applications, fee applications, or any other applications in the Chapter 11 Cases,
and without any requirement for further notice or Bankruptcy Court review or approval.
		
	Tax Structure	    	To the extent practicable, the Restructuring and the consideration received in the Restructuring shall be structured in a manner that (i) minimizes any current taxes payable as a result of the consummation of the Restructuring,
and (ii) optimizes the tax efficiency (including, but not limited to, by way of the preservation or enhancement of favorable tax attributes) of the Restructuring to the Debtors, the Reorganized Debtors and the holders of equity or debt in the
Reorganized Debtors going forward, in each case as determined by the Debtors and the Requisite Consenting Creditors.
		
	Executory
Contracts,
Unexpired Leases	    	Executory contracts and unexpired leases shall be assumed or rejected (as the case may be) as set forth in the Plan Supplement, and in accordance with the Restructuring Support Agreement.
		
	Existing Capital
Leases	    	To be set forth in the Plan Supplement. and in accordance with the Restructuring Support Agreement.
		
	Pension Plans /
Collective
Bargaining
Agreements	    	 The form, manner, and substance of the treatment of any obligations of or claims against the Debtors with respect to (a) the
Debtors’ single-employer defined benefit pension plans (including the Cenveo Corporation Pension Plan and the Lancaster Press Pressmen and Bindery Workers Pension Plan), and (b) any multi-employer pension plans that, as of the Petition
Date, the Debtors are obligated to contribute to or have not fully withdrawn from (including GCC/IBT National Pension Fund and CWA/IBT National Pension Plan) (the pension plans described in clauses (a) and (b), including any collective
bargaining agreements or other agreements, if any, requiring the Debtors to contribute to such pension plans, the “Pension Plans”), which treatment may include, inter alia, assumption, assumption and modification, rejection,
termination of, or withdrawal from, as applicable, the Pension Plans, shall be as agreed to by the Debtors and the Requisite Consenting Creditors, and shall be set forth in the Plan (collectively, the “Pension Plan Treatment”). The
Debtors shall obtain entry of a final non-appealable order of the Bankruptcy Court (which order may include the Confirmation Order), in form and substance acceptable to the Debtors and the Requisite Consenting
Creditors, approving the Pension Plan Treatment (the “Pension Plan Treatment Order”).
  

In addition, the Plan and Confirmation Order shall include a finding and determination that the Debtors have, prior to the Petition Date, validly and fully or
partially withdrawn from the Withdrawn Pension Plans, and that any Prepetition Withdrawal Claims constitute General Unsecured Claims under the Plan and are subject to discharge under the
Plan.

  
 9 

			
		
	Supplemental
Executive
Retirement Plans	    	The Debtors will terminate any supplemental executive retirement plan (“SERP”) pursuant to the terms of the Plan. Such matters shall be set forth in the Plan Supplement.
		
	Other Post-
Employment
Obligations	    	Pursuant to the Plan, the Debtors will assume their retiree medical and life insurance obligations to the extent that rejection or modification of any such obligations would otherwise require approval by the Bankruptcy Court
pursuant to section 1113 of the Bankruptcy Code or section 1114 of the Bankruptcy Code. Such matters shall be set forth in the Plan Supplement.
		
	Indemnification
Obligations	    	The Debtors’ indemnification obligations in place as of the Effective Date, whether in the bylaws, certificates of incorporation or formation, limited liability company agreements, other organizational or formation documents,
board resolutions, management or indemnification agreements, employment contracts, or otherwise, for the current and former directors, managers, and officers, of any of the Debtors shall be assumed pursuant to the Plan.
		
	Avoidance Actions	    	Any and all actual or potential Claims and causes of action to avoid a transfer of property or an obligation incurred by the Debtors arising under chapter 5 of the Bankruptcy Code, including sections 544, 545, 547, 548, 549, 550,
551, and 553(b) of the Bankruptcy Code, shall be retained by the Reorganized Debtors, except to the extent expressly released under the Plan.
		
	Conditions
Precedent to the
Effective Date	    	 The occurrence of the Effective Date shall be subject to the following conditions to confirmation and/or effectiveness (as applicable):

 
 1.  the Bankruptcy Court shall have
entered the Confirmation Order, and the Confirmation Order shall not have been reversed, stayed, modified, or vacated on appeal;
  

2.  all actions, documents, and agreements necessary to implement and consummate the Plan shall have been
effected and executed;
  
 3.  the
DIP Orders shall have been entered by the Bankruptcy Court and the DIP Orders and the DIP Loan Documents shall be in full force and effect in accordance with their terms, and no DIP Termination Event (as defined in the DIP Orders) or Event of
Default (as defined in the DIP Loan Documents) shall have occurred or be continuing;

  
 10 

			
		    	 4.  all documentation related to the Exit ABL Facility shall have been executed and
delivered by each Entity party thereto, and any conditions precedent related thereto, shall have been satisfied, waived or satisfied contemporaneously with the occurrence of the Effective Date;

 
 5.  all documentation related to the
Exit Debt Facility shall have been executed and delivered by each Entity party thereto and any conditions precedent related to the Reorganized Debtors’ entry into the Exit Debt Facility shall have been satisfied, waived or satisfied
contemporaneously with the occurrence of the Effective Date;
  

6.  all documentation related to the New Second Lien Debt, to the extent issued, shall have been executed
and delivered by each Entity party thereto, the Debtors shall have issued the indebtedness contemplated thereby, and any conditions precedent related thereto shall have been satisfied, waived or satisfied contemporaneously with the occurrence of the
Effective Date;
  
 7.  all
conditions precedent to the issuance of the Reorganized Cenveo Equity Interests, other than the occurrence of the Effective Date, shall have occurred;
  

8.  all accrued and unpaid Transaction Expenses incurred up to (and including) the Effective Date shall be
paid in full in cash;
  
 9.  the
Restructuring Support Agreement shall have not been terminated and be in full force and effect;
  

10.  the Professional Fee Escrow shall have been established and funded;

 
 11.  the Bankruptcy Court shall have
entered the Pension Plan Treatment Order, which may be the Confirmation Order, which shall not have been reversed, stayed, modified, or vacated on appeal; and
  

12.  all governmental and third-party approvals and consents, including Bankruptcy Court approval,
necessary in connection with the transactions contemplated by this Restructuring Term Sheet shall have been obtained, not be subject to unfulfilled conditions and be in full force and effect, and all applicable waiting periods shall have expired
without any action being taken or threatened by any competent authority that would restrain, prevent or otherwise impose materially adverse conditions on such transactions.
  

The conditions precedent set forth herein may not be waived without the express prior written consent of the Requisite Consenting Creditors.

  
 11 

 Schedule 1 

 

			
		
	Adjusted Exit
Debt Amount	  	An amount equal to the sum of (a) the principal amount outstanding under capital leases as of the Effective Date, plus (b) the principal balance of the Exit ABL Facility (which amount shall be determined by the
Debtors by calculating the average monthly balance of the Exit ABL Facility for the 12-month period following the Effective Date, based on the Debtors’ forecasts for such period, in each case, subject to
the consent of the Requisite Consenting Creditors, which consent shall not be unreasonably withheld or delayed), plus (c) the principal balance of the Exit Debt Facility as of the Effective Date, plus (d) to the extent the
FILO Notes are reinstated under the Plan, the principal amount of the FILO Notes as of the Effective Date, minus (e) all cash on hand of the Reorganized Debtors as of the Effective Date.
		
	Cash Pool
Distribution	  	An amount in cash equal to the lesser of (x) 0.5% of the allowed amount of such Holder’s Claim and (y) $1.5 million.
		
	Committee	  	The official committee of unsecured creditors appointed in the Chapter 11 Cases pursuant to section 1102 of the Bankruptcy Code.
		
	Entity	  	As defined in section 101(15) of the Bankruptcy Code.
		
	Exculpated
Parties	  	Collectively, and in each case in its respective capacity as such: (a) the Debtors; (b) the members of the Ad Hoc Committee; (c) the Committee; (d) the members of the Committee; and (e) with respect to each of
the foregoing, such Entity and its current and former Affiliates, and such Entity’s and its current and former Affiliates’ current and former equity holders, subsidiaries, officers, directors, managers, principals, members, employees,
agents, advisory board members, financial advisors, partners, attorneys, accountants, investment bankers, consultants, representatives, and other professionals, each in their respective capacity as such.
		
	Existing
Equity
Interests	  	All Equity Interests in existence on or as of the Petition Date.
		
	Exit ABL
Facility	  	The secured asset-based loan facility with an aggregate commitment amount of up to $190 million to be entered into in connection with consummation of the Plan, which exit facility shall be satisfactory to the Debtors and the
Requisite Consenting Creditors.
		
	FILO Notes	  	The 4.00% Senior Secured Notes due 2021.
		
	FILO Notes
Claim	  	Any Claim for unpaid principal, interest, fees, costs and other amounts on account of, arising under or in connection with, the FILO Notes.

			
		
	First Lien
Notes	  	The 6.00% Senior Priority Secured Notes due 2019.
		
	First Lien
Notes Claim	  	Any Claim for unpaid principal, interest, fees, costs and other amounts on account of, arising under or in connection with, the First Lien Notes or the First Lien Notes Documents.
		
	General
Unsecured
Claim	  	Any Claim against a Debtor (including, for the avoidance of doubt, any Prepetition Withdrawal Claims) other than: (a) any First Lien Notes Claim; (b) any Second Lien Notes Claim (c) any Unsecured Notes Claim; (d) any
DIP Facility Claim; (e) any Intercompany Claim, (f) any Section 510(b) Claim or (g) any Claim entitled to administrative expense or priority treatment pursuant to the Bankruptcy Code.
		
	Intercompany
Interest	  	Other than an Existing Equity Interest in Cenveo, an Existing Equity Interest in one Debtor held by another Debtor.
		
	New Board	  	The Board of Directors of Reorganized Cenveo.
		
	New Second
Lien Debt	  	New second lien debt to be issued by the Reorganized Debtors on the Effective Date, which shall include terms and conditions consistent with the term sheet attached hereto as Exhibit 3 and otherwise acceptable
to the Debtors and the Requisite Consenting Creditors.
		
	Other
Secured
Claim	  	Any Claim secured by a lien or other security interest, other than an administrative expense Claim (to the extent such Claim is secured), a DIP Facility Claim, a priority Claim (to the extent such Claim is secured), a FILO Notes
Claim, a Prepetition ABL Facility Claim, a First Lien Notes Claim or a Second Lien Notes Claim.
		
	Plan	  	The chapter 11 plan of reorganization proposed by the Debtors in the Chapter 11 Cases, as it may be amended or supplemented from time to time, including all exhibits, schedules, supplements, appendices, annexes and attachments
thereto, which plan of reorganization shall be consistent in all respects with this Restructuring Term Sheet and otherwise acceptable to the Debtors and the Requisite Consenting Creditors.
		
	Prepetition
ABL Facility	  	The credit facility pursuant to the Credit Agreement between Cenveo Corporation and the lender parties thereto, dated as of April 16, 2013.
		
	Prepetition
ABL Facility
Claim	  	Any Claim under or with respect to the Prepetition ABL Facility.
		
	Prepetition
Withdrawal
Claim	  	Any obligations of, or Claims against, the Debtors arising under or in connection with the Debtors’ withdrawal, prior to the Petition Date, either in full or in part, from the Withdrawn Pension Plans.

			
	Released
Parties	  	Collectively, each of the following in their respective capacity as such: (a) the members of the Ad Hoc Committee; (b) the agents and lenders under the DIP Facilities, and the agents and lenders under the Exit ABL Facility
and Exit Debt Facility; (c) the First Lien Notes Trustee; (d) the Committee, if one is appointed; (e) the members of the Committee, if one is appointed; and (f) with respect to the Debtors, the Reorganized Debtors, and each of
the foregoing Entities in clauses (a) through (e), such Entity and its current and former Affiliates, and such Entities’ and their current and former Affiliates’ current and former directors, managers, officers, equity holders
(regardless of whether such interests are held directly or indirectly), predecessors, successors, and assigns, subsidiaries, and each of their respective current and former equity holders, officers, directors, managers, principals, members,
employees, agents, advisory board members, financial advisors, partners, attorneys, accountants, investment bankers, consultants, representatives, and other professionals, each in their respective capacity as such.
		
	Releasing
Parties	  	Collectively, each of the following in their respective capacity as such: (a) all Holders of Claims who vote to accept the Plan or are deemed to accept the Plan; (b) the members of the Ad Hoc Committee; (c) the agents
and lenders under the DIP Facilities; (d) the First Lien Notes Trustee; (e) the Committee, if one is appointed; (f) the members of the Committee, if one is appointed; (g) all other holders of Claims who do not timely submit a
duly completed opt-out form in accordance with the order approving the Disclosure Statement; and (h) with respect to each of the Debtors, the Reorganized Debtors, and each of the foregoing Entities in
clauses (a) through (g), such Entity and its current and former Affiliates, and such Entities’ and their current and former Affiliates’ current and former directors, managers, and officers, to the extent such director, manager, or
officer provides express consent, equity holders (regardless of whether such interests are held directly or indirectly), predecessors, successors, and assigns, subsidiaries, and each of their respective current and former equity holders, officers,
directors, managers, principals, members, employees, agents, advisory board members, financial advisors, partners, attorneys, accountants, investment bankers, consultants, representatives, and other professionals, each in their respective capacity
as such.
		
	Reorganized
Cenveo	  	After giving effect to the Plan and the Restructuring, the ultimate parent entity of the Reorganized Debtors, which may include Cenveo, as reorganized pursuant to and under the Plan, or any other Entity formed on or before the
Effective Date that holds, directly or indirectly, the Equity Interests in Cenveo and/or its subsidiaries (each as reorganized pursuant to and under the Plan). Reorganized Cenveo shall be either a Delaware corporation or limited liability company
managed by a board of directors or other governing or managing entity, in each case, as determined by the Debtors and the Requisite Consenting Creditors and as shall be set forth in the Plan Supplement.

			
		
	Reorganized
Cenveo
Equity
Interests	  	After giving effect to the Plan and the Restructuring, the Equity Interests (which may be in the form of common stock, limited liability interests or other ownership interests, in each case, as determined by the Debtors and the
Requisite Consenting Creditors, as shall be set forth in the Plan Supplement) to be issued by Reorganized Cenveo.
		
	Reorganized
Debtors	  	After giving effect to the Plan and the Restructuring, Cenveo and each of the other Debtors, as reorganized pursuant to and under the Plan.
		
	Second Lien
Notes	  	The 8.50% Junior Priority Secured Notes due 2022.
		
	Second Lien
Notes Claim	  	Any Claim for unpaid principal, interest, fees, costs and other amounts on account of, arising under or in connection with, the Second Lien Notes.
		
	Transaction
Expenses	  	All fees and out-of-pocket costs and expenses of each of the Consenting Creditors, including, without limitation, the reasonable and documented fees and
all out-of-pocket costs and expenses of each of the Ad Hoc Committee Advisors.
		
	Solicitation
Materials	  	The solicitation materials and documents included in the solicitation packages that will be sent to, among others, Holders of Claims and Interest entitled to vote to accept or reject the Plan, in compliance with Bankruptcy Rules
3017(d) and 2002(b).
		
	Unsecured
Notes	  	The 6.00% Senior Notes due 2024.
		
	Unsecured
Notes Claim	  	Any Claim for unpaid principal, interest, fees, costs and other amounts on account of, arising under or in connection with, the Unsecured Notes.
		
	Withdrawn
Pension Plans	  	 Each of the following multi-employer pension plans:
  

•  Oregon Printing Industry Pension Plan (fully withdrawn)

 
 •  GCC/IBT National Pension Fund
(partially withdrawn)
  

•  Graphic Arts Industry Joint Pension Fund (fully withdrawn)

 
 •  CWA/ITU Negotiated Pension
Plan (partially withdrawn)
  

•  PACE Industry Union Management Pension Fund (fully withdrawn)

 Exhibits 1-A and
1-B 
 DIP Credit Agreements 

[Filed with the DIP Facilities Motion] 

 Exhibit 2 

Milestones 
  

	1.	Commence the Chapter 11 Cases in the Bankruptcy Court with respect to each of the Debtors, and file the First Day Motions, no later than February 2, 2018 (the date of commencement of the Chapter 11 Cases, the
“Petition Date”); 

  

	2.	Obtain entry of the Interim DIP Order by the Bankruptcy Court as soon as reasonably practicable after the Petition Date (but in no event later than five (5) Business Days after the Petition Date);

  

	3.	Obtain entry of the Final DIP Order by the Bankruptcy Court as soon as reasonably practicable after the Petition Date (but in no event later than forty (40) calendar days after the Petition Date);

  

	4.	File the Plan, the Disclosure Statement and the motion for approval of the Disclosure Statement and the Solicitation procedures with the Bankruptcy Court as soon as reasonably practicable after the Petition Date (but in
no event later than sixty (60) calendar days after the Petition Date), which Plan shall provide for the Pension Plan Treatment; 

  

	5.	Obtain entry of the Disclosure Statement Order and RSA Order by the Bankruptcy Court as soon as reasonably practicable after the Petition Date (but in no event later than 115 calendar days after the Petition Date);

  

	6.	Obtain entry of the Confirmation Order, Pension Plan Treatment Order by the Bankruptcy Court, in each case as soon as reasonably practicable after the Petition Date (but in no event later than 150 calendar days after
the Petition Date); and 

  

	7.	Cause the Effective Date to occur as soon as reasonably practicable after the Petition Date (but in no event later than twenty (20) calendar days after the entry of the Confirmation Order). 

 Exhibit 3 

New Second Lien Debt 

Term Sheet 
  

			
	 Term
	  	 Summary of Material
Terms

	Principal	  	New Second Lien Debt Amount
		
	Economics	  	The New Second Lien Debt will bear interest at a rate per annum equal to 12.5% per annum, payable in cash semi-annually beginning six months after the Effective Date.
		
	Maturity	  	5 years from the Effective Date.
		
	Guaranty	  	Each of the domestic Reorganized Debtors
		
	Security	  	 Secured by substantially all of the assets of the Reorganized Debtors

 
 Second priority liens subject to intercreditor agreement, the terms of which shall be
mutually agreed upon by the Debtors and the Requisite Consenting Creditors.

		
	Call Protection	  	To be mutually agreed upon by the Debtors and the Requisite Consenting Creditors.
		
	Governing Law	  	New York.
		
	Covenants	  	To be mutually agreed upon by the Debtors and the Requisite Consenting Creditors.
		
	Conditions
Precedent	  	Subject to the satisfaction or waiver of conditions precedent acceptable to the Debtors and the Requisite Consenting Creditors, including, without limitation, entry of the Pension Plan Treatment Order.
		
	Other Terms	  	To be mutually agreed by the Debtors and the Requisite Consenting Creditors.

 Exhibit 4 

Discharge, Release, Injunction, and Exculpation Provisions 
  

			
	Discharge of Claims and
Termination of Equity
Interests	  	Pursuant to section 1141(d) of the Bankruptcy Code, and except as otherwise specifically provided in the Plan or in any contract, instrument, or other agreement or document created pursuant to the Plan, the distributions, rights,
and treatment that are provided in the Plan shall be in complete satisfaction, discharge, and release, effective as of the Effective Date, of Claims (including any Intercompany Claims resolved or compromised after the Effective Date by the
Reorganized Debtors), Equity Interests, and Causes of Action of any nature whatsoever, including any interest accrued on Claims or Equity Interests from and after the Petition Date, whether known or unknown, against, liabilities of, liens on,
obligations of, rights against, and Equity Interests in, the Debtors or any of their assets or properties, regardless of whether any property shall have been distributed or retained pursuant to the Plan on account of such Claims and Equity
Interests, including demands, liabilities, and Causes of Action that arose before the Effective Date, any liability (including withdrawal liability) to the extent such Claims or Equity Interests relate to services performed by employees of the
Debtors prior to the Effective Date and that arise from a termination of employment, any contingent or non-contingent liability on account of representations or warranties issued on or before the Effective
Date, and all debts of the kind specified in sections 502(g), 502(h), or 502(i) of the Bankruptcy Code, in each case whether or not: (1) a proof of claim based upon such debt or right is filed or deemed filed pursuant to section 501 of the
Bankruptcy Code; (2) a Claim or Interest based upon such debt, right, or Interest is allowed pursuant to section 502 of the Bankruptcy Code; or (3) the holder of such a Claim or Interest has accepted the Plan. The Confirmation Order shall
be a judicial determination of the discharge of all Claims and Equity Interests subject to the occurrence of the Effective Date.
		
	Releases by the Debtors
	  	As of the Effective Date, pursuant to section 1123(b) of the Bankruptcy Code, except for the rights that remain in effect from and after the Effective Date to enforce the Plan and the Restructuring Documents, for good and
valuable consideration, the adequacy of which is hereby confirmed, and except as otherwise provided in the Plan or in the confirmation order for the Plan, the Released Parties will be deemed conclusively, absolutely, unconditionally, irrevocably,
and forever released and discharged, to the extent permitted by law, by the Debtors and their estates, the Reorganized Debtors, and each of their respective current and former Affiliates from any and all Claims, Equity Interests, Causes

			
		
		  	of Action, obligations, suits, judgments, damages, demands, debts, rights, causes of action, remedies, losses, and liabilities whatsoever, including any derivative claims, asserted or assertable on behalf of the Debtors,
or the Reorganized Debtors (as the case may be), or their estates, whether liquidated or unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen or unforeseen, existing or hereinafter arising, in law, equity, or
otherwise, that the Debtors, or the Reorganized Debtors (as the case may be), or their estates would have been legally entitled to assert in their own right (whether individually or collectively) or on behalf of the holder of any Claim or Equity
Interest or other person, based on or relating to, or in any manner arising from, in whole or in part, the Debtors, the Chapter 11 Cases, the purchase, sale, or rescission of the purchase or sale of any security of the Debtors or the Reorganized
Debtors (as the case may be), the subject matter of, or the transactions or events giving rise to, any Claim or Equity Interest that is treated in the Plan, Causes of Action, the business or contractual arrangements between any of the Debtors and
any Released Party, the Restructuring, the restructuring of any Claim or Equity Interest before or during the Chapter 11 Cases, the Disclosure Statement, the DIP Facility, the Restructuring Support Agreement, the Plan, including the issuance or
distribution of Reorganized Cenveo Common Equity pursuant to the Plan or the distribution of property under the Plan, and related agreements, instruments, and other documents (including the Restructuring Documents), and the negotiation, formulation,
or preparation thereof, the solicitation of votes with respect to the Plan, or any other act or omission, transaction, agreement, event, or other occurrence taking place on or before the confirmation of the Plan related or relating to the
foregoing.
		
	 Third-Party Releases
	  	As of the Effective Date, except for the rights that remain in effect from and after the Effective Date to enforce the Plan and the Restructuring Documents, for good and valuable consideration, the adequacy of which is hereby
confirmed, and except as otherwise provided in the Plan or in the Confirmation Order for the Plan, the Released Parties will be deemed forever released and discharged, to the maximum extent permitted by law, by the Releasing Parties, in each case
from any and all Claims and Equity Interests, Causes of Action, obligations, suits, judgments, damages, demands, debts, rights, causes of action, remedies, losses, and liabilities whatsoever, including any derivative claims asserted
or assertable on behalf of the Debtors, or the Reorganized Debtors (as the case may be), or their estates, whether liquidated or unliquidated, fixed or contingent, matured or unmatured, known or unknown, foreseen or unforeseen,
existing or hereinafter arising, in law, equity, or otherwise, that such holders or their affiliates would have been

			
		
		  	legally entitled to assert in their own right (whether individually or collectively) or on behalf of the holder of any Claim or Equity Interest or other person, based on or relating to, or in any manner arising from, in whole or in
part, the Debtors or the Reorganized Debtors (as the case may be), or their estates, the Chapter 11 Cases, the purchase, sale, or rescission of the purchase or sale of any security of the Debtors or the Reorganized Debtors (as the case may be), the
subject matter of, or the transactions or events giving rise to, any Claim or Equity Interest that is treated in the Plan, Causes of Action, the business or contractual arrangements between any of the Debtors and any Released Party, the
Restructuring, the restructuring of any Claim or Equity Interest before or during the Chapter 11 Cases, the DIP Facility, the Disclosure Statement, the Restructuring Support Agreement, the Plan, including the issuance or distribution of Reorganized
Cenveo Common Equity pursuant to the Plan or the distribution of property under the Plan, and related agreements, instruments, and other documents (including the Restructuring Documents), and the negotiation, formulation, or preparation thereof, the
solicitation of votes with respect to the Plan, or any other act or omission, transaction, agreement, event, or other occurrence taking place on or before the confirmation of the Plan related or relating to the foregoing.
		
	Exculpation	  	Except as otherwise specifically provided in the Plan, no Exculpated Party shall have or incur, and each Exculpated Party is released and exculpated from any Cause of Action for any claim related to any act or omission in connection
with, relating to, or arising out of, the Chapter 11 Cases, in whole or in part, the Debtors, the formulation, preparation, dissemination, negotiation, or filing of the Restructuring Support Agreement and related prepetition transactions, the DIP
Facility, the Disclosure Statement, the Plan, or the Restructuring, contract, instrument, release or other agreement or document created or entered into in connection with the Disclosure Statement or the Plan, the filing of the Chapter 11 Cases, the
pursuit of confirmation of the Plan, the pursuit of consummation of the Plan, the administration and implementation of the Plan, including the issuance of securities pursuant to the Plan, or the distribution of property under the Plan or any other
related agreement. The Exculpated Parties have, and upon completion of the Plan shall be deemed to have, participated in good faith and in compliance with the applicable laws with regard to the solicitation of votes and distribution of consideration
pursuant to the Plan and, therefore, are not, and on account of such distributions shall not be, liable at any time for the violation of any applicable law, rule, or regulation governing the solicitation of acceptances or rejections of the Plan or
such distributions made pursuant to the Plan.

			
		
	Injunction	  	Except as otherwise expressly provided in the Plan or for obligations issued or required to be paid pursuant to the Plan or the Confirmation Order, all Entities that have held, hold, or may hold Claims or Equity Interests that have
been released pursuant to the Plan, shall be discharged pursuant to the Plan, or are subject to exculpation pursuant to the Plan, are permanently enjoined, from and after the Effective Date, from taking any of the following actions against, as
applicable, the Debtors, Reorganized Cenveo, or the Released Parties: (i) commencing or continuing in any manner any action or other proceeding of any kind on account of or in connection with or with respect to any such Claims or Equity Interests;
(ii) enforcing, attaching, collecting, or recovering by any manner or means any judgment, award, decree, or order against such Entities on account of or in connection with or with respect to any such Claims or Equity Interests;
(iii) creating, perfecting, or enforcing any lien or encumbrance of any kind against such Entities or the property or the estates of such Entities on account of or in connection with or with respect to any such Claims or Equity Interests;
(iv) asserting any right of setoff, subrogation, or recoupment of any kind against any obligation due from such Entities or against the property of such Entities on account of or in connection with or with respect to any such Claims or Equity
Interests unless such Entity has timely asserted such setoff right in a document filed with the Bankruptcy Court explicitly preserving such setoff, and notwithstanding an indication of a claim or interest or otherwise that such Entity asserts, has,
or intends to preserve any right of setoff pursuant to applicable law or otherwise; and (v) commencing or continuing in any manner any action or other proceeding of any kind on account of or in connection with or with respect to any such Claims
or Equity Interests released or settled pursuant to the Plan.

 EXHIBIT B 

JOINDER AGREEMENT 

[                    ], 2018 

The undersigned (“Joinder Party”) hereby acknowledges that it has read and understands the Restructuring Support Agreement,
dated as of February 1, 2018 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the terms thereof, the “Agreement”), by and among Cenveo, Inc. (“Cenveo”),
each of the direct and indirect Subsidiaries of Cenveo identified on Schedule 1 attached thereto, and the Persons named therein as “Consenting Creditors” thereunder. Capitalized terms used and not otherwise defined herein shall have the
meanings set forth in the Agreement. 
 1.    Agreement to be Bound. The Joinder Party hereby agrees to be bound
by all of the terms of the Agreement, a copy of which is attached hereto as Annex I (as the same has been or may hereafter be amended, supplemented, amended and restated or otherwise modified from time to time in accordance with the
provisions hereof). The Joinder Party shall hereafter be deemed to be a “Consenting Creditor” and a “Restructuring Support Party” for all purposes under the Agreement and with respect to all Claims and Interests held such Joinder
Party. 
 2.    Representations and Warranties. The Joinder Party hereby makes the representations and warranties
of the Restructuring Support Parties (other than the Debtors) set forth in Section 7 of the Agreement to each other Restructuring Support Party. 

3.    Governing Law. This joinder agreement (the “Joinder Agreement”) to the Agreement shall be
governed by and construed in accordance with the internal laws of the State of New York, without regard to any conflicts of law provisions which would require the application of the law of any other jurisdiction. 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the Joinder Party has caused this Joinder Agreement to be executed as of the
date first written above. 
  

			
	[Name of Transferor:
                                         
       ]

 
			
		
	Name of Joinder Party:	 	  

 
			
		
	By:	 	  

	Name:	 	  

	Title:	 	  

 
			
		
	Notice Address:	 	
	  

	
	  

			
	Attention:	 	  

 
			
	
	with a copy to:
	
	  

	
	  

	Attention:	 	  

 
			
	
	 Principal Amount of First Lien Notes:
  

$

	
	 Principal Amount of Second Lien Notes:
  

$

	
	 Principal Amount of Other Claims:

 
 $

 
 Equity Interests:

 
  

  
 [Joinder Agreement to
Restructuring Support Agreement Signature Page] 

 SCHEDULE 1 

DEBTORS 
  

	1.	Cenveo, Inc. 

	2.	Cadmus Delaware, Inc. 

	3.	Cadmus Financial Distribution, Inc. 

	4.	Cadmus International Holdings, Inc. 

	5.	Cadmus Journal Services, Inc. 

	6.	Cadmus Marketing Group, Inc. 

	7.	Cadmus Marketing, Inc. 

	8.	Cadmus Printing Group, Inc. 

	9.	Cadmus UK, Inc. 

	10.	Cadmus/O’Keefe Marketing, Inc. 

	11.	CDMS Management, LLC 

	12.	Cenveo CEM, Inc. 

	13.	Cenveo CEM, LLC 

	14.	Cenveo Corporation 

	15.	Cenveo Omemee, LLC 

	16.	Cenveo Services, LLC 

	17.	CNMW Investments, Inc. 

	18.	Colorhouse China, Inc. 

	19.	Commercial Envelope Manufacturing Co., Inc. 

	20.	CRX Holding, Inc. 

	21.	CRX JV, LLC 

	22.	Discount Labels, LLC 

	23.	Envelope Products Group, LLC 

	24.	Expert Graphics, Inc. 

	25.	Garamond/Pridemark Press, Inc. 

	26.	Lightning Labels, LLC 

	27.	Madison/Graham Colorgraphics Interstate Services, Inc. 

	28.	Madison/Graham Colorgraphics, Inc. 

	29.	Nashua Corporation 

	30.	Nashua International, Inc. 

	31.	Old TSI, Inc. 

	32.	Port City Press, Inc. 

	33.	RX JV Holding, Inc. 

	34.	RX Technology Corp. 

	35.	Vaughan Printers Incorporated 

	36.	VSUB Holding Company 

 SCHEDULE 7(c)(i) 

COLLECTIVE BARGAINING AGREEMENTS 

 SCHEDULE 7(c)(ii) 

PENSION PLANS 
  

	1.	Lancaster Pension Plan 

	2.	Cenveo Pension Plan 

 SCHEDULE 7(c)(iii) 

MULTI-EMPLOYER PLANS 
  

	1.	Oregon Printing Industry Pension Plan 

	2.	GCC/IBT National Pension Fund 

	3.	Graphic Arts Industry Joint Pension Fund 

	4.	CWA/ITU Negotiated Pension Plan 

	5.	PACE Industry Union Management Pension Fund 

 SCHEDULE 7(c)(iv)EX-10.1

 Exhibit 10.1 

AMENDED AND RESTATED LETTER AGREEMENT 

This Amended and Restated Letter Agreement (this “Letter Agreement”) is made as of this 29th day of January, 2018, by and
between Caesars Enterprise Services, LLC (“CES”) and Timothy R. Donovan (“Executive”) (collectively, the “Parties”). 

WHEREAS, Caesars Entertainment Operating Company, Inc. (“CEOC”) and Executive are parties to that certain Employment
Agreement, dated as of April 2, 2009, which Employment Agreement has been assigned by CEOC to CES, as amended by the Amendment No. 1 to Employment Agreement between CEOC and Executive, dated March 8, 2017 (collectively, the
“Existing Agreement”); 
 WHEREAS, CES and Executive are parties to the Letter Agreement (the “Original Letter
Agreement”) made as of the 6th day of October, 2017; 
 WHEREAS, CES desires that Executive assume certain additional job
responsibilities as discussed between Executive and CES; and 
 WHEREAS, each of CES and Executive desire to modify the Existing Agreement
on the terms and subject to the conditions set forth in this Letter Agreement and intend for this Letter Agreement to amend and restate in its entirety the Original Letter Agreement. 

NOW, THEREFORE, in exchange for good and valuable consideration, the sufficiency of which is hereby acknowledged, the Parties hereby agree as
follows: 
 1. Definitions. Capitalized terms used and not otherwise defined herein shall have the respective meanings assigned
to such terms in the Existing Agreement. 
 2. Salary; Bonus. Effective as of the date of this Agreement, Executive’s annual
base salary shall be increased to $850,000. CES shall pay Executive a bonus in the amount of $320,963 (the “Supplemental Bonus”) on or before March 15, 2018. For the avoidance of doubt, the Supplemental Bonus shall be in
addition to the annual bonus to which Executive is entitled for calendar year 2017. 
 3. Qualifying Termination; Benefits Upon
Qualifying Termination. For purposes of this Letter Agreement, a “Qualifying Termination” shall mean (i) Executive’s resignation (or giving written notice thereof) of his employment with CES for Good Reason (as defined
in the Existing Agreement as modified hereby), (ii) Executive’s resignation (or giving written notice thereof), for any or no reason, of his employment with CES on or after January 1, 2020 on no less than 90 days’ notice,
(iii) Executive’s resignation (or giving written notice thereof) of his employment with CES on account of his retirement, or (iv) any termination without Cause (or giving written notice thereof) of Executive’s employment by CES
or any affiliate thereof. Notwithstanding any contrary provision of the Existing Agreement or this Letter Agreement, Executive shall provide fifteen (15) days prior notice of any Qualifying Termination under clause (i) of the immediately
preceding sentence. For the avoidance of doubt, “Good Reason” for purposes of the Existing Agreement shall include, in addition to the matters set forth in the 

 
Existing Agreement, Mark P. Frissora ceasing to be the President and Chief Executive Officer of Caesars Entertainment Corporation and its affiliates. Subject to Executive’s execution and non-revocation of a release in substantially the form attached hereto as Exhibit A (the “Release”) and compliance with the provisions of the Existing Agreement,
including without limitation compliance with Section 12 of the Existing Agreement, and continued compliance with Section 13 of the Existing Agreement, CES agrees that, as a result of any Qualifying Termination: 

 

	 	a)	Executive shall be entitled to the amounts contemplated by Section 9.1(b)(i) and (ii) of the Existing Agreement as if such Qualifying Termination was for Good Reason; provided, however, that nothing in this
Letter Agreement or the Existing Agreement shall result in a duplication of payments or benefits under this Letter Agreement or the Existing Agreement. 

  

	 	b)	Executive shall also be entitled to a pro rata bonus for the calendar year in which the Qualifying Termination occurs, calculated through the date of termination (and, if such Qualifying Termination occurs after the end
of a calendar year and Executive has not yet been paid a bonus for such calendar year, a bonus for that calendar year as well). Such bonus is to be paid at the same time and in the same manner in which CES pays annual bonuses to its similarly
situated active officers except as otherwise provided in Section 9.1(b)(ii) of the Existing Agreement. The bonus shall be determined in good faith by the Compensation & Management Development Committee (“CMDC”) of
Caesars Entertainment Corporation (“CEC”), and shall be paid subject to the same criteria, and at the target bonus percentage applicable to similarly situated active officers of CES (such target percentage shall not be less than
specified in the Existing Agreement). 

  

	 	c)	In accordance with Section 9.5 of the Existing Agreement, all outstanding awards under the Caesars Entertainment Corporation 2012 Performance Incentive Plan and any other Company long-term incentive plan granted on
or before December 31, 2017 will immediately vest on the date of the Qualifying Termination as if such Qualifying Termination was for Good Reason. 

  

	 	d)	RESERVED. 

  

	 	e)	Executive shall also be entitled to receive on the first regular payroll date of the seventh month following Executive’s Qualifying Termination an amount equal to (i) or (ii) below, as applicable:

  

	 	(i)	In the event that (A) Executive closes on the sale of Executive’s Las Vegas condominium (the “Condo”) at arms’ length to an unaffiliated third party prior to the date which is ninety
(90) days after the date of the Qualifying Termination (the “Sale Drop Dead Date”) and (B) the consideration received by Executive (“Sale Price”) is less than the price paid by Executive to purchase the
property (“Cost”), an amount equal to the difference between the Sale Price and the Cost provided Executive provides appropriate documentation. 

	 	(ii)	If the sale of the Condo contemplated herein does not close on or prior to the Sale Drop Dead Date, an amount equal to the difference between the Appraised Value and the Cost. For purposes of this Letter Agreement,
“Appraised Value” shall mean the appraised value for the Condo, as determined by a reputable licensed real estate agent, agency or appraiser selected by CES with the consent of Executive, which consent shall not be unreasonably
withheld or delayed. 

 The Executive shall receive interest on the foregoing amounts calculated based upon the rate described
in Section 8 of this Letter Agreement beginning for purposes of (i) thirty (30) days after the date of sale and for purposes of (ii) sixty (60) days after the Sale Drop Dead Date, as applicable, through the date of payment. In no
event under this clause (e) shall CES be obligated to pay more than $200,000 to Executive. 
  

	 	f)	RESERVED. 

 For the avoidance of doubt, for the purposes of the Existing Agreement and any
applicable equity award agreements, any Qualifying Termination shall be considered a resignation for Good Reason. CES acknowledges and agrees that, following the date of this Letter Agreement, Executive shall be entitled to provide services to CES
and its affiliates remotely from his home or any other location, in Executive’s sole discretion, and any absence from CES’s premises shall not constitute Cause (as defined in the Existing Agreement), be considered in determining whether
Cause exists, be considered a breach of this Letter Agreement or the Existing Agreement, have any other impact on Executive’s employment, compensation determinations or being an employee in good standing or otherwise negatively impact
Executive. In the event that Executive fails to execute or revokes a release as provided above or to comply with Section 12 of the Existing Agreement for the Non-Compete Period, CES shall have
no further obligations to Executive under this Letter Agreement or the Existing Agreement and any Options shall terminate immediately. For the avoidance of doubt, during the Non-Compete Period
Executive may be employed or otherwise provide services to any person or entity with which the Company or any of its affiliates does business, provided, that such person or entity does not directly compete with the Company in the casino gaming
industry. 
 The Release delivered pursuant to this Letter Agreement shall be deemed to satisfy any requirement to deliver a release as a
condition for Executive to receive any payment or benefit described herein, or under any equity incentive, cash incentive or other benefit plan or agreement maintained by CES or its affiliates or to which CES or one of its affiliates may be a party.

 4. Consulting Period Following Qualifying Termination. In the event that Executive experiences a Qualifying Termination, the
parties agree to enter into a mutually agreeable consulting agreement in the form attached hereto as Exhibit B (the “Consulting Agreement”). Pursuant to the Consulting Agreement, Executive’s consulting services
shall commence on the date of termination of Executive’s employment and end on the first anniversary of the date of termination (the “Consulting Period”). At any time during the Consulting Period, Executive may seek full-time
employment to the extent that it does not violate Section 12 of the Existing Agreement during the Non-Compete Period. For the avoidance of doubt, (i) nothing in this Letter

 
Agreement shall relieve Executive of any of his obligations under the Existing Agreement, including, but not limited to, the obligations under Section 15 of the Existing Agreement and
(ii) the parties acknowledge and agree that any stock holding or ownership requirements of Caesars Entertainment Corporation and its affiliates shall not apply to Executive at any time following Executive’s termination of employment, for
any or no reason, including during the Consulting Period. 
 5. Indemnification. Nothing in this Letter Agreement, in the
Existing Agreement or in the Release shall limit or impair Executive’s rights to indemnification or advancement under the Charter, By-Laws or directors and officers insurance policy(ies) of CES,
CEOC or any affiliates thereof, as in effect or maintained from time to time, which rights shall remain in full force and effect in accordance with their terms. 

6. No Duty to Mitigate or Offset. Executive shall be under no obligation to seek other employment or otherwise mitigate CES’s
obligations to Executive hereunder or under the Existing Agreement or under any plan, program or other benefit arrangement or otherwise. Moreover, there shall be no offset against any amounts owed to Executive hereunder or under the Existing
Agreement or under any plan, program or other benefit arrangement on account of any remuneration (including any fees or payments under the Consulting Agreement) attributable to any subsequent employment or other service of any kind obtained by
Executive. 
 7. Personal Effects and Correspondence. Executive shall be permitted to remove Executive’s personal effects
from CES’s premises. Further, Executive shall be permitted to retain a copy of Executive’s contact lists and personal emails maintained in any physical form or on any computer or server of CES or its affiliates. Nothing in this Agreement,
the Existing Agreement or the Release shall prevent Executive from producing any emails or contact lists (a) when required by law, subpoena, court order or other legal process, (b) in the course of any legal, arbitral, or regulatory
proceeding, (c) to any governmental authority, regulatory agency or self-regulatory organization or (d) in connection with any investigation by CES. CES further agrees that it will transfer dominion and control to Executive of any LinkedIn
and other social media pages or accounts that it maintains under Executive’s name and Executive and CES will cooperate in the transition of such media to Executive. 

8. Section 409A Compliance. This Letter Agreement and all payments and benefits provided hereunder are intended to be exempt
from or otherwise comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) (including the exceptions thereto), to the extent applicable, and the provisions of this Letter Agreement will be
administered, interpreted and construed accordingly. The Release shall be executed such that it becomes effective, with all revocation periods having expired unexercised, within 60 days following the Executive’s termination of employment. If such 60-day period ends in a calendar year after the calendar year in which the Executive’s employment terminates, then, but only to the extent required by Section 409A of the Code to avoid taxes
and/or interest thereunder, any payments and benefits that would have been made during the calendar year in which Executive’s employment terminates instead shall be withheld and paid on the first business day in the calendar year after the
calendar year in which Executive’s employment terminates, with all remaining payments to be made according to the schedule set forth herein, as if no such delay had occurred. If Executive’s termination of employment hereunder does not
constitute a 

 
“separation from service” within the meaning of Section 409A of the Code, then any amounts payable hereunder on account of a termination of the Executive’s employment and
which are subject to Section 409A of the Code shall not be paid until the Executive has experienced a “separation from service” within the meaning of Section 409A of the Code. Notwithstanding any other provision of this Agreement
to the contrary, if at the time of Executive’s termination (i) Executive is a “specified employee” within the meaning of Section 409A of the Code, and (ii) a payment or benefit provided for in this Agreement would be
subject to additional tax under Section 409A of the Code if such payment or benefit is paid within six (6) months after the Executive’s “separation from service,” then CES will not pay such amount on the otherwise scheduled
payment date but will instead pay it in a lump sum on the earlier of (A) the first regular payroll date of the seventh month following the Executive’s separation from service or (B) the
10th business day following Executive’s death, together with interest for the period of such delay, compounded annually at a rate equal to the prime rate (as published in the Wall Street
Journal) in effect as of the dates the payments or benefits would otherwise have been provided. If any provision contained in the Letter Agreement conflicts with the requirements of Section 409A of the Code, the Letter Agreement shall be deemed
to be reformed so as to comply with the requirements of Section 409A of the Code (or the applicable exemptions thereto). Notwithstanding anything to the contrary herein, each payment or benefit provided pursuant to this Letter Agreement or the
Existing Agreement shall be deemed to be a separate payment for purposes of Section 409A of the Code. 
 9. Withholding.
For the avoidance of doubt, Section 27 of the Existing Agreement applies to any payment or benefit provided to Executive pursuant to this Letter Agreement. 

10. Legal Fees. Upon presentation of appropriate documentation, the Company will reimburse Executive for his reasonable legal fees and
expenses incurred in connection with the negotiation and documentation of this Letter Agreement, the Consulting Agreement and any other arrangement contemplated by this Letter Agreement (at Executive’s counsel’s standard hourly rates and
expense charges), up to a maximum of $5,000 in the aggregate. For the avoidance of doubt, this is in addition to any legal fee reimbursement to which Executive was entitled under the Original Letter Agreement (which obligation survives if not yet
satisfied). 
 11. No Other Amendments. The terms of this Letter Agreement shall amend the terms of the Existing Agreement as
applicable and shall amend and restate the Original Letter Agreement. Except as modified by the terms contained herein, the Existing Agreement shall remain in full force and effect and shall not be further amended or modified except pursuant to a
written instrument signed by both parties. For the avoidance of doubt, nothing in this Letter Agreement shall relieve Executive, CEOC or CES of any of their respective obligations under the Existing Agreement. 

12. Governing Law. This Letter Agreement, and any disputes which arise in connection with this Letter Agreement, shall be governed
by Sections 22 and 23 of the Existing Agreement as if such provisions were set forth herein. 
 13. Counterparts. This Letter
Agreement may be executed in any number of counterparts and signatures may be delivered by portable document format (.pdf) or facsimile, each of which may be executed by less than all parties, and all of which together shall constitute one
instrument. 

 14. Disputes. If any dispute arises out of this Letter Agreement or out of or in
connection with any equity compensation award made to Executive by CES, CEOC or any of their respective Affiliates, the “complaining party” shall give the “other party” written notice of such dispute. The other party shall have
10 business days to resolve the dispute to the complaining party’s satisfaction. If the dispute is not resolved by the end of such period, either party may require the other to submit
to non-binding mediation with the assistance of a neutral, unaffiliated mediator. If the parties encounter difficulty in agreeing upon a neutral unaffiliated mediator, they shall seek the assistance
of the American Arbitration Association (“AAA”) in the selection process. If mediation is unsuccessful, or if mediation is not requested by a party, either party may by written notice demand arbitration of the dispute as set forth
in Sections 14(a) through 14(d) below, and each party hereto expressly agrees to submit to, and be bound by, such arbitration. Executive and CES explicitly recognize that no provision of this Section 14 shall prevent CES from taking any action
to enforce its rights or to resolve any dispute relating solely to Section 12.1 or 12.3 of the Existing Agreement in any court of competent jurisdiction.
  

	 	A)	The parties shall mutually agree on a single arbitrator or, if the parties cannot agree on the appointment of a single arbitrator, the dispute shall be referred to one arbitrator appointed by the AAA experienced in
matters relating to executive employment, termination or compensation. The arbitrator will set the rules and timing of the arbitration, but will generally follow the employment rules of the AAA and this Letter Agreement, where the same are
applicable, and shall provide a reasoned opinion. 

  

	 	B)	The arbitration hearing will in no event take place more than 45 days after the appointment of the arbitrator. The mediation and the arbitration will take place in Las Vegas, Nevada unless otherwise mutually agreed to
by the parties. 

  

	 	C)	The results of the arbitration and the decision of the arbitrator will be final and binding on the parties and each party agrees and acknowledges that the results shall be enforceable in any court of law.

  

	 	D)	All costs and expenses of the mediation and arbitration shall be borne equally by the Company and Executive; provided that each party shall be responsible for his or its own attorney fees, but, provided further, and
notwithstanding the above, that the arbitrator may award attorney’s fees to the prevailing party. 

 [SIGNATURE PAGE
FOLLOWS] 

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

			
	CAESARS ENTERPRISE SERVICES, LLC
		
	By:	 	/s/ Mark P. Frissora
	Name:	 	Mark P. Frissora

  

			
	EXECUTIVE
		
	By:	 	/s/ Timothy R. Donovan
	Name:	 	Timothy R. Donovan

 Exhibit A 

GENERAL RELEASE 
 THIS
GENERAL RELEASE (the “Release”) is entered into by Timothy R. Donovan (the “Employee”) as of the
                 day of
                ,
20                . Reference is hereby made to the Amended and Restated Letter Agreement between the Company and the Employee, dated as of
                    , 2018 (the “Letter Agreement”). 

1. No Liability. This Release does not constitute an admission by the Company, or any of its subsidiaries, affiliates, divisions,
trustees, officers, directors, partners, agents, or employees, or by the Employee, of any unlawful acts or of any violation of federal, state or local laws. 

2. Release. In consideration of the payments and benefits set forth in the Letter Agreement, the Employee for himself, his heirs,
administrators, representatives, executors, successors and assigns (collectively, “Employee Releasors”) does hereby irrevocably and unconditionally release, acquit and forever discharge the Company and each of its subsidiaries,
affiliates, divisions, successors, assigns, trustees, officers, directors, partners, agents, and former and current employees, including without limitation all persons acting by, through, under or in concert with any of them, including without
limitation the Sponsors (as defined in the Management Investor Rights Agreement, dated as of January 28, 2008 among the Company, Employee and the other parties specified therein) (collectively, “Company Releasees”), and each of
them from any and all charges, complaints, claims, liabilities, obligations, promises, agreements, controversies, damages, remedies, actions, causes of action, suits, rights, demands, costs, losses, debts and expenses (including attorneys’ fees
and costs) of any nature whatsoever, known or unknown, whether in law or equity and whether arising under federal, state or local law and in particular including any claim for discrimination based upon race, color, ethnicity, sex, national origin,
religion, disability age (including without limitation under the Age Discrimination in Employment Act of 1967 as amended by the Older Workers Benefit Protection Act (“ADEA”), Title VII of the Civil Rights Act of 1964 as amended by
the Civil Rights Act of 1991, the Equal Pay Act of 1962, and the Americans with Disabilities Act of 1990) or any other unlawful criterion or circumstance, which Employee Releasors had, now have, or may have or claim to have in the future against
each or any of the Company Releasees by reason of any matter, cause or thing occurring, done or omitted to be done from the beginning of the world until the date of the execution of this Release; provided, however, that
nothing herein shall release (i) any continuing obligation of Company under the Letter Agreement, [(ii) any obligations under the Consulting Agreement between Employee and the Company dated
[                     ]1 ,(iii) any obligations under any equity
or other performance or other awards referenced in the Letter Agreement, (iv) any continuing obligations under the Existing Agreement (as defined in the Letter Agreement), (v) any right to elect continuation coverage under the Consolidated
Omnibus Budget Reconciliation Act of 1986, as amended (“COBRA”), (vi) any right to vested benefits under any employee benefit plan of the Company or any of its affiliates, or (vii) any right of indemnification or to director and
officer liability insurance coverage or any rights under any of the organizational documents of the Company or any of its affiliates, at law, or under any plan or agreement of the Company or any of its affiliates that is applicable to the Employee.

  

	1 	NTD: Include depending on timing of execution of the Consulting Agreement and this Release. 

 In addition, nothing in this Release is intended to interfere with the Employee’s right to
file a charge with the Equal Employment Opportunity Commission in connection with any claim the Employee believes he may have against the Company Releasees. However, by executing this Release, the Employee hereby waives the right to recover in any
proceeding that the Employee may bring before the Equal Employment Opportunity Commission or any state human rights commission or in any proceeding brought by the Equal Employment Opportunity Commission or any state human rights commission on the
Employee’s behalf. In addition, this release is not intended to interfere with the Employee’s right to challenge that his waiver of any and all ADEA claims pursuant to this Release is a knowing and voluntary waiver, notwithstanding the
Employee’s specific representation to the Company that he has entered into this Agreement knowingly and voluntarily. 
 Employee also
confirms that Employee has no charge, complaint or action against the Company or any Company Releasees in any forum or form. 

3. Bar. The Employee acknowledges and agrees that if he should hereafter make any claim or demand or commence or threaten to
commence any action, claim or proceeding against the Company Releasees with respect to any cause, matter or thing which is the subject of the release under Paragraph 2 of this Release (other than a claim brought under ADEA), this Release may be
raised as a complete bar to any such action, claim or proceeding, and the applicable Company Releasee may recover from the Employee all costs incurred in connection with such action, claim or proceeding, including attorneys’ fees. 

4. Protected Disclosures. Nothing in this Release prohibits or is intended in any manner to prohibit, the Employee from
(i) reporting a possible violation of federal or other applicable law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission (the
“SEC”), the U.S. Congress, and any governmental agency Inspector General, or (ii) making other disclosures that are protected under whistleblower provisions of federal law or regulation. This Release does not limit the
Employee’s right to receive an award (including, without limitation, a monetary reward) for information provided to the SEC. The Employee does not need the prior authorization of anyone at the Company to make any such reports or disclosures,
and the Employee is not required to notify the Company that the Employee has made such reports or disclosures. Nothing in this Release or any other agreement or policy of the Company is intended to interfere with or restrain the immunity provided
under 18 U.S.C. §1833(b). The Employee cannot be held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made (i) (a) in confidence to federal, state or local government
officials, directly or indirectly, or to an attorney, and (b) for the purpose of reporting or investigating a suspected violation of law; (ii) in a complaint or other document filed in a lawsuit or other proceeding, if filed under seal; or
(iii) in connection with a lawsuit alleging retaliation for reporting a suspected violation of law, if filed under seal and does not disclose the trade secret, except pursuant to a court order. 

This Section 4 is intended to comply with all applicable laws. If any laws are adopted, amended or repealed after the date hereof, this
Section 4 shall be deemed to be amended to reflect the same. 

 5. Governing Law. This Release shall be governed by and construed in accordance with
the laws of the State of Nevada, without regard to conflicts of laws principles. 
 6. Acknowledgment. The Employee has read
this Release, understands it, and voluntarily accepts its terms, and the Employee acknowledges that he has been advised by Company to seek the advice of legal counsel before entering into this Release, and has been provided with a period of twenty-one (21) days in which to consider entering into this Release. 

7. Revocation. The Employee has a period of seven (7) days following the execution of this Release during which the Employee
may revoke this Release, and this Release shall not become effective or enforceable until such revocation period has expired. 
 IN WITNESS WHEREOF,
Employee has hereunto set his or her hand. 

	
	
	
	   

	Timothy R. Donovan

 Exhibit B 

Consulting Agreement 

CONSULTING AGREEMENT 

This Consulting Agreement (this “Agreement”) is entered into by and between Caesars Enterprise Services,
LLC (the “Company”) and Timothy R. Donovan (“Consultant”) as of
[                    ]2, 2018 (the “Effective
Date”). 
 RECITALS 

WHEREAS, the Company and Consultant are parties to an Employment Agreement dated as of April 2, 2009 (as amended, the “Employment
Agreement”); 
 WHEREAS, the Company and Consultant are parties to an Amended and Restated Letter Agreement dated
[    ] 2018 (the “Letter Agreement”) which provides, inter alia, that if Consultant incurs a Qualifying Termination (as defined in the Letter Agreement), Consultant and the Company shall enter into a
consulting arrangement; 
 WHEREAS, Consultant has incurred a Qualifying Termination and, pursuant to its obligations under the Letter
Agreement, the Company wishes to retain Consultant to perform consulting services to the Company under the terms and conditions of this Agreement; 

NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth in this Agreement, the parties hereto agree as follows: 

1. Consulting Services. 

(a) Capacity. The Company hereby retains Consultant as an independent contractor on a project basis pursuant to the terms of this
Agreement. Consultant will perform such services as specified on Exhibit A hereto, together with any services specified on any subsequent exhibit(s) hereto as may be mutually agreed between Consultant and the Company (collectively, the
“Exhibits”). Consultant’s contact for coordination of the provision of such services hereunder will be Mark Frissora, or, if Mark Frissora is no longer employed by the Company, such other individual as designated by
the Company (the “Contact”). Consultant will have no authority to bind, act on behalf of, or make decisions for the Company or any of its subsidiaries or affiliates. Consultant will determine the method, details, and means of
performing the services contemplated by this Agreement. For the avoidance of doubt, Consultant may provide services telephonically whenever possible and any in-person services shall be provided only
when necessary and at reasonable times and upon reasonable advance written notice given to Consultant. 
  

 

	2 	NTD: The Effective Date will be the date that Consultant incurs a “separation from service” within the meaning of 409A. 

 (b) Term and Operation. This Agreement will commence on the Effective Date and will
continue until the first anniversary thereof unless, prior to such first anniversary, (i) Consultant dies, (ii) Consultant provides to the Company written notice that Consultant is terminating this Agreement, (iii) the Company
terminates this Agreement pursuant to Section 5, or (iv) the Company terminates this Agreement for Cause. If the Company terminates this Agreement for any reason other than pursuant to clause (iii) or (iv) of the foregoing
sentence, the Company shall continue to pay the consulting fee to Consultant as provided under this Agreement. Except as otherwise set forth in herein, following termination of this Agreement, neither party hereto will have any liability
to the other hereunder, except for the Company’s obligation to pay Consultant any fees accrued through the date of termination. 
 For
purposes of this Agreement, “Cause” means (i) the willful failure of Consultant to substantially perform Consultant’s duties with the Company after a written demand for substantial performance is delivered to Consultant which
specifically identifies the manner in which Consultant has willfully not substantially performed Consultant’s duties; (ii) any willful act of fraud, or embezzlement or theft, by Consultant, in each case, in connection with
Consultant’s duties hereunder or in the course of Consultant’s engagement hereunder, (iii) Consultant’s admission in any court, or conviction of, or plea of nolo contendere to, a felony; or (iv) a willful breach by
Consultant of this Agreement or of Section 12 or Section 13 of the Employment Agreement. 
 (c) Compensation. In
consideration of Consultant’s performance of the consulting services specified in the Exhibits, the Company shall pay to the Executive an annualized fee of $500,000 (payable in equal monthly installments commencing on the fifth business day
following the Effective Date and continuing for each of the 11 subsequent months, and prorated for any partial month of service). 

(d) Reimbursement of Expenses. Upon reasonable documentation of expenses from Consultant, the Company will reimburse Consultant
for all reasonable expenses incurred by Consultant in the performance of Consultant’s duties under this Agreement. Notwithstanding the foregoing, all significant expenses (i.e., any expense in excess of
$[        ]) to be incurred by Consultant in connection with this Agreement will require the prior approval of the Contact. Reference is made to Article IX of the Second Amended and Restated Certificate of
Incorporation (“Certificate of Incorporation”) and Article VII of the Bylaws (“Bylaws”) of Caesars Entertainment Corporation (“CEC”). The Company hereby agrees to indemnify Consultant and provide advancement of expenses
to Consultant on the same terms and subject to the same limitations as applicable to CEC’s officers and employees under CEC’s Certification of Incorporation and Bylaws. To the extent any right to reimbursements or in-kind benefits under this Agreement constitutes “non-qualified deferred compensation” for purposes of Section 409A of the Internal
Revenue Code of 1986, as amended, (i) all such reimbursements shall be made as soon as practicable, but no later than the last day of the taxable year following the taxable year in which the related expenses were incurred, (ii) no such
right shall be subject to liquidation or exchange for another benefit, and (iii) no such reimbursement, expenses eligible for reimbursement, or in-kind benefits provided in any taxable year
shall in any way affect the expenses eligible for reimbursement, or in-kind benefits to be provided, in any other taxable year. 

 (e) Non-Exclusivity. The Company acknowledges
that Consultant’s services hereunder will be provided by Consultant on a non-exclusive basis, and that Consultant may engage in any other business activities as long as such activities do not
interfere with or harm the operations of the Company or any of its subsidiaries or affiliates or interfere with Consultant’s obligations to the Company under this Agreement, Section 12 of the Employment Agreement, or any other agreement
between Consultant and the Company. 
 2. Covenants. 

(a) Confidentiality. Consultant acknowledges his continuing obligations under Section 13 of the Employment Agreement.
Consultant agrees to maintain absolute confidentiality of the terms of this Agreement, the services performed by Consultant hereunder and the information, data, reports and other work product produced by, and any information or materials made
available to, Consultant in connection herewith; provided, however, that Consultant may (i) disclose this Agreement to his own legal, tax, accounting and/or financial advisors and Consultant’s spouse; and (ii) provide such
information, data, reports and other work product if ordered by a federal or state court, arbitrator or any governmental authority, pursuant to subpoena, or as necessary to secure legal and financial counsel from third party professionals or to
enforce his or her rights under this Agreement, provided that in such cases described in this clause (ii), Consultant will notify the Company, at least five (5) business days prior to providing such information, including the nature of the
information required to be provided. 
 Nothing in this Agreement prohibits or is intended in any manner to prohibit, Consultant from
(i) reporting a possible violation of federal or other applicable law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission (the “SEC”), the
U.S. Congress, and any governmental agency Inspector General, or (ii) making other disclosures that are protected under whistleblower provisions of federal law or regulation. This Agreement does not limit Consultant’s right to receive an
award (including, without limitation, a monetary reward) for information provided to the SEC. Consultant does not need the prior authorization of anyone at the Company to make any such reports or disclosures, and Consultant is not required to notify
the Company that he has made such reports or disclosures. Nothing in this Agreement or any other agreement or policy of the Company is intended to interfere with or restrain the immunity provided under 18 U.S.C. §1833(b). Consultant cannot be
held criminally or civilly liable under any federal or state trade secret law for the disclosure of a trade secret that is made (i) (a) in confidence to federal, state or local government officials, directly or indirectly, or to an attorney,
and (b) for the purpose of reporting or investigating a suspected violation of law; (ii) in a complaint or other document filed in a lawsuit or other proceeding, if filed under seal; or (iii) in connection with a lawsuit alleging
retaliation for reporting a suspected violation of law, if filed under seal and does not disclose the trade secret, except pursuant to a court order. 

This Section 2(a) is intended to comply with all applicable laws. If any laws are adopted, amended or repealed after the date hereof,
this Section 2(a) shall be deemed to be amended to reflect the same. 

(b) Non-Solicitation. Consultant will continue to comply with Section 12 of the
Employment Agreement, as provided in the Letter Agreement. 

 (c) Specific Performance. Because Consultant’s breach of
this Section 2 may cause the Company irreparable harm for which money is inadequate compensation, the Company will be entitled to seek injunctive relief to enforce Consultant’s obligations (without the necessity of proof
of actual damage), in addition to damages and other available remedies. Consultant acknowledges and agrees that the Company protections set forth in this Agreement are reasonable in the context of the nature of the Company’s business and are a
material condition to the consulting relationship with and compensation by the Company. 
 (d) Works for Hire. Consultant agrees
that all Intellectual Property Product created in whole or in part by Consultant during the course of and directly in connection with Consultant’s engagement by the Company shall be works made for hire of which the Company or its subsidiaries
and affiliates is the author and owner of copyright. To the extent that any competent decision-making authority should ever determine that any such Intellectual Property Product is not a work made for hire, Consultant hereby assigns all right,
title, and interest in the copyright therein, in perpetuity and throughout the world, to the Company. To the extent that this Agreement does not otherwise serve to grant or otherwise vest in the Company or any of its subsidiaries or affiliates all
rights in any such Intellectual Property Product, Consultant hereby assigns all right, title, and interest therein, in perpetuity and throughout the world, to the Company. Consultant agrees to execute, immediately upon the Company’s reasonable
request and without any additional compensation, any further assignments, applications, conveyances or other instruments, at any time after execution of this Agreement, whether or not Consultant is providing services to the Company at the time such
request is made, in order to permit the Company, its subsidiaries and affiliates, and/or their respective successors and assigns to protect, perfect, register, record, maintain, or enhance their rights in any such Intellectual Property Product;
provided, that, the Company shall bear the cost of any such assignments, applications, or consequences. “Intellectual Property Product” as used in this Agreement refers to any: (i) inventions that relate to the Company (whether
patentable or not, and without regard to whether any patent therefor is ever sought); (ii) marks, names, or logos that relate to the Company (whether or not registrable as trade or service marks, and without regard to whether registration therefor
is ever sought); and (iii) trade secrets, in each case, created in whole or in part by Consultant during the course of and directly in connection with Consultant’s engagement by the Company. 

3. Independent Contractor. It is the intention of the parties hereto that, during the term of this Agreement, Consultant will at
all times be and remain an independent contractor, and Consultant will not be considered the agent, partner, principal or employee of the Company or any of its subsidiaries or affiliates. Consultant will be free to exercise Consultant’s own
judgment as to the manner and method of providing the consulting services to the Company, subject to applicable laws and requirements reasonably imposed by the Company. Consultant acknowledges and agrees that, during the term of this Agreement,
Consultant will not be treated as an employee of the Company or any of its subsidiaries or affiliates for purposes of federal, state or local income or other tax withholding, nor, unless otherwise specifically provided by law, for purposes of the
Federal Insurance Contributions Act, the Social Security Act, the Federal Unemployment Tax Act or any Workers’ Compensation law of any state or country (or subdivision thereof), or for purposes of benefits provided to employees of the Company
or any of its subsidiaries or affiliates under any employee benefit plan, program, policy or arrangement (including, without limitation, vacation, holiday and sick leave benefits, insurance coverage and

 
retirement benefits). Consultant acknowledges and agrees that, as an independent contractor, Consultant will be required, during the term of this Agreement, to pay any applicable taxes on the
fees paid to Consultant, and to obtain workers’ compensation insurance and any other coverage required by law. 
 4. No Use of
Name or Marks. Consultant agrees that Consultant shall have no right to, or interest in, the name “Caesars Enterprise Services,” “Caesars Entertainment” or any registered service mark or trademark of any of the Company and
its parents and subsidiaries, and Consultant shall not, in any manner, use such words or marks, in the promotion of Consultant’s business. Consultant shall be allowed to use such words or marks with written permission of an authorized
representative of the Company. 
 5. Compliance with Company’s Ethics and Compliance Program / Company’s Anti-Corruption
Compliance Policy. Consultant agrees to comply in all material respects with all applicable federal, state, local, provincial or other laws or regulations in all jurisdictions both domestic and international. As a holder of privileged gaming
licenses, the Company and its affiliates are required to adhere to strict laws and regulations regarding its associations, including associations with key individuals as defined under the Caesars Entertainment Corporation Ethics and Compliance
Program (“E&C Program”). If at any time the Company determines, in its sole discretion, that Consultant is an “unsuitable person” as that term is defined in the E&C Program, or that it is necessary for the Company to
terminate this Agreement in order to protect any proposed or pending gaming licenses or any of its privileged gaming licenses, the Company may immediately terminate this Agreement pursuant to Section 1(b)(iii) of this Agreement. During the term
of this Agreement, to the extent that any prior disclosure made by Consultant become inaccurate, including but not limited to the initiation of any criminal proceeding or any civil or administrative proceeding or process which alleges any violations
of law involving Consultant, Consultant shall disclose the information to the Company within 10 calendar days from that event. Consultant agrees to comply with any background investigation conducted in connection with the disclosure of this updated
information. If Consultant is or becomes required to be licensed by any federal, state, and/or local gaming regulatory agency and fails to become so licensed, or, once licensed, fails to maintain such license or fails to continue to be suitable by
the governmental regulatory agency, the Company may immediately terminate this Agreement pursuant to Section 1(b)(iii) of this Agreement. 

By signing this Agreement, Consultant acknowledges that he has received a copy of the E&C Program, the Caesars Anti-Corruption Compliance
Policy, and the Caesars Entertainment Corporation Anti-Money Laundering Policy and Program. Consultant understands and agrees to comply with these and all other policies adopted by the Company. Consultant shall sign all certification/attestation
forms associated with these policies and return them to the Caesars Corporate Compliance Department. Consultant further understands Consultant’s obligation to report suspected violations of law, regulation, policies, or of unethical conduct
occurring within the Company and/or its affiliates to the Chief Regulatory & Compliance Officer, his/her designee, or through the Ethics and Compliance Hotline, the number for which is posted on the Caesars Entertainment Corporation
intranet website. 

 6. Survival. Subject to any limits on applicability contained therein, each
of Section 1(d), 2 and Section 3 will survive and continue in full force in accordance with its terms notwithstanding any termination of this Agreement. 

7. Severability. Whenever possible, each provision of this Agreement will be interpreted in such manner as to be effective and
valid under applicable law, statute, rule, regulation and ordinance, but if any provision of this Agreement (or portion thereof) is held to be invalid or unenforceable in any respect under any applicable law, statute, rule, regulation or ordinance,
such provision (or portion thereof) will be deemed to be modified or altered to conform thereto or, if that is not possible, to be omitted from this Agreement (and such invalidity or unenforceability will not affect any other provision, but this
Agreement will be reformed, construed and enforced as if such invalid or unenforceable provision had never been contained herein). 

8. Complete Agreement; Amendment; Waiver. This Agreement (together with all Exhibits, the Employment Agreement and the Letter
Agreement) embodies the complete agreement and understanding between the parties hereto with respect to the subject matter hereof and, effective as of the Effective Date, supersedes, preempts and nullifies any other prior understandings, agreements
or representations by or between the parties hereto, written or oral, which may have related to the subject matter hereof in any way. The Exhibits will be read together with, and will constitute a portion of, this Agreement. Any reference herein to
this Agreement will be deemed to include the Exhibits. Any modification or amendment of this Agreement, or additional obligation assumed in connection with this Agreement (including the creation of additional Exhibits), will be effective only if
placed in writing and signed by both parties hereto. No course of conduct or failure or delay in enforcing the provisions of this Agreement will affect the validity, binding effect or enforceability of this Agreement. 

9. Counterparts. This Agreement may be executed in separate counterparts, each of which will be deemed to be an original and both
of which taken together will constitute one and the same agreement. 
 10. Captions; Drafter Protection. This Agreement’s
headings and captions are provided for reference and convenience only, and will not be employed in the construction of this Agreement. It is agreed and understood that the general rule pertaining to construction of contracts, that ambiguities are to
be construed against the drafter, will not apply to this Agreement. 
 11. Successors and Assigns. Consultant acknowledges that
Consultant’s services are unique and personal and accordingly Consultant may not assign Consultant’s rights or delegate Consultant’s duties or obligations under this Agreement. This Agreement will bind and inure to the benefit of and
be enforceable by Consultant, the Company and their respective heirs, executors, personal representatives, successors and assigns, except that neither party hereto may assign any rights or delegate any obligations hereunder without the prior written
consent of the other party hereto. Consultant hereby consents to the assignment by the Company of all of its rights and obligations hereunder to any successor to the Company by merger or consolidation or purchase of all or substantially all of the
Company’s assets; provided such transferee or successor assumes the liabilities of the Company hereunder. 

 12. Choice of Law and Jurisdiction. This Agreement will be governed by, and construed
in accordance with, the laws of the State of Nevada as to all matters, including, but not limited to, matters of validity, construction, effect and performance. Any judicial proceeding seeking to enforce any provision of, or based on any right
arising out of, this Agreement or any agreement identified herein may be brought only in state or federal courts of the State of Nevada and by the execution and delivery of this Agreement, each of the parties hereto accepts for themselves the
exclusive jurisdiction of such courts (and the appropriate appellate courts) in any such proceedings, waives any objection to venue laid therein and agrees to be bound by the judgment rendered thereby in connection with this Agreement or any
agreement identified herein. 
 13. Third Party Arrangements. Consultant agrees that during the term of this Agreement
Consultant will not (i) deliver or disclose to the Company information which infringes any property right of any third party relating to proprietary or trade secret information or copyrights or (ii) enter into any agreement that would
adversely affect this Agreement or prevent Consultant from honoring this Agreement. 
 IN WITNESS WHEREOF, the parties hereto have executed
this Agreement as of the Effective Date. 
  

			
	 CAESARS ENTERPRISE SERVICES,
LLC

			
		
	 By:
	 	 
	 Name:
	 	 

  

	
	 Consultant

	
	   

	 Timothy R. Donovan

 EXHIBIT A TO CONSULTING AGREEMENT 

Description of services 

Services: 

Consultant will render consulting services related to Consultant’s specialized areas of knowledge, experience and expertise as requested
by the Company (including, but not limited to, assisting with the transition of Consultant’s prior duties under the Employment Agreement to his successor and attending meetings with, and corresponding with, gaming regulators as necessary or
requested by the Company). Consultant shall not, under any circumstances, be required to provide services at a level that is greater than 20% of the average level of bone fide services provided by Consultant during the 36 months immediately
preceding the termination of Consultant’s employment under the Employment Agreement (or Letter Agreement).

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