Document:

EX-10.1

 Exhibit 10.1 

Execution Version 

$2,000,000,000 
 364-DAY CREDIT
AGREEMENT 
 Dated as of September 29, 2016, 

among 
 SPECTRA ENERGY CAPITAL,
LLC, 
 as Borrower, 

SPECTRA ENERGY CORP, 
 as
Parent, 
 THE INITIAL LENDERS NAMED HEREIN, 

as Initial Lenders, 
 CITIBANK,
N.A., 
 as Administrative Agent, 

BMO HARRIS BANK N.A., 
 as
Syndication Agent 
 and 

CITIGROUP GLOBAL MARKETS INC. 

and BMO CAPITAL MARKETS CORP., 

as Joint Lead Arrangers and Joint Bookrunners 

 TABLE OF CONTENTS 

 

									
	 ARTICLE I DEFINITIONS AND ACCOUNTING TERMS
	  	 	1	  
		  	SECTION 1.01.	  	 Certain Defined Terms
	  	 	1	  
		  	SECTION 1.02.	  	 Computation of Time Periods
	  	 	19	  
		  	SECTION 1.03.	  	 Accounting Terms
	  	 	19	  
		  	SECTION 1.04.	  	 Terms Generally
	  	 	19	  
		
	ARTICLE II REVOLVING ADVANCES AND TERM ADVANCES	  	 	20	  
		  	SECTION 2.01.	  	 The Advances
	  	 	20	  
		  	SECTION 2.02.	  	 Making the Advances
	  	 	21	  
		  	SECTION 2.03.	  	 [Intentionally Omitted]
	  	 	22	  
		  	SECTION 2.04.	  	 Fees
	  	 	22	  
		  	SECTION 2.05.	  	 Termination or Reduction of Commitments
	  	 	22	  
		  	SECTION 2.06.	  	 Interest on Advances
	  	 	23	  
		  	SECTION 2.07.	  	 Interest Rate Determination
	  	 	24	  
		  	SECTION 2.08.	  	 Optional Conversion of Advances
	  	 	24	  
		  	SECTION 2.09.	  	 Mandatory Payments and Prepayments of Advances
	  	 	25	  
		  	SECTION 2.10.	  	 Optional Prepayments of Advances
	  	 	25	  
		  	SECTION 2.11.	  	 Funding Losses
	  	 	26	  
		  	SECTION 2.12.	  	 Increased Costs
	  	 	26	  
		  	SECTION 2.13.	  	 Illegality
	  	 	27	  
		  	SECTION 2.14.	  	 Payments and Computations
	  	 	27	  
		  	SECTION 2.15.	  	 Taxes
	  	 	29	  
		  	SECTION 2.16.	  	 Sharing of Payments, Etc.
	  	 	33	  
		  	SECTION 2.17.	  	 Notes
	  	 	33	  
		  	SECTION 2.18.	  	 Mitigation Obligations; Replacement of Lenders
	  	 	34	  
		  	SECTION 2.19.	  	 Defaulting Lenders
	  	 	34	  
		
	ARTICLE III CONDITIONS TO EFFECTIVENESS AND LENDING	  	 	35	  
		  	SECTION 3.01.	  	 Conditions Precedent to Effectiveness
	  	 	35	  
		  	SECTION 3.02.	  	 Conditions Precedent to Each Revolving Advance
	  	 	36	  
		
	ARTICLE IV REPRESENTATIONS AND WARRANTIES	  	 	37	  
		  	SECTION 4.01.	  	 Representations and Warranties
	  	 	37	  
		
	ARTICLE V COVENANTS OF THE BORROWER	  	 	39	  
		  	SECTION 5.01.	  	 Information
	  	 	39	  
		  	SECTION 5.02.	  	 Payment of Taxes
	  	 	41	  
		  	SECTION 5.03.	  	 Maintenance of Property; Insurance
	  	 	41	  
		  	SECTION 5.04.	  	 Maintenance of Existence
	  	 	42	  

  
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		  	SECTION 5.05.	  	 Compliance with Laws
	  	 	42	  
		  	SECTION 5.06.	  	 Books and Records
	  	 	42	  
		  	SECTION 5.07.	  	 Maintenance of Ownership of Certain Subsidiaries
	  	 	42	  
		  	SECTION 5.08.	  	 Negative Pledge
	  	 	42	  
		  	SECTION 5.09.	  	 Consolidations, Mergers and Sales of Assets
	  	 	44	  
		  	SECTION 5.10.	  	 Use of Proceeds
	  	 	45	  
		  	SECTION 5.11.	  	 Transactions with Affiliates
	  	 	45	  
		  	SECTION 5.12.	  	 Indebtedness/Capitalization Ratio
	  	 	45	  
		  	SECTION 5.13.	  	 Designation of Subsidiaries
	  	 	45	  
		
	ARTICLE VI EVENTS OF DEFAULT	  	 	46	  
		  	SECTION 6.01.	  	 Events of Default
	  	 	46	  
		
	ARTICLE VII THE AGENT	  	 	48	  
		  	SECTION 7.01.	  	 Authorization and Action
	  	 	48	  
		  	SECTION 7.02.	  	 Agent’s Reliance, Etc.
	  	 	49	  
		  	SECTION 7.03.	  	 Citi and Affiliates
	  	 	49	  
		  	SECTION 7.04.	  	 Lender Credit Decision
	  	 	50	  
		  	SECTION 7.05.	  	 Indemnification
	  	 	50	  
		  	SECTION 7.06.	  	 Successor Agent
	  	 	50	  
		  	SECTION 7.07.	  	 Syndication Agent and Joint Lead Arrangers
	  	 	51	  
		  	SECTION 7.08.	  	 Sub-Agents
	  	 	51	  
		
	ARTICLE VIII MISCELLANEOUS	  	 	51	  
		  	SECTION 8.01.	  	 Amendments, Etc.
	  	 	51	  
		  	SECTION 8.02.	  	 Notices, Etc.
	  	 	52	  
		  	SECTION 8.03.	  	 No Waiver: Remedies
	  	 	53	  
		  	SECTION 8.04.	  	 Costs and Expenses
	  	 	53	  
		  	SECTION 8.05.	  	 Right of Set-off
	  	 	54	  
		  	SECTION 8.06.	  	 Binding Effect
	  	 	54	  
		  	SECTION 8.07.	  	 Assignments and Participations
	  	 	55	  
		  	SECTION 8.08.	  	 Governing Law; Submission to Jurisdiction
	  	 	59	  
		  	SECTION 8.09.	  	 Execution in Counterparts; Integration
	  	 	59	  
		  	SECTION 8.10.	  	 WAIVER OF JURY TRIAL
	  	 	59	  
		  	SECTION 8.11.	  	 Patriot Act
	  	 	59	  
		  	SECTION 8.12.	  	 Headings
	  	 	59	  
		  	SECTION 8.13.	  	 Confidentiality
	  	 	60	  
		  	SECTION 8.14.	  	 Conversion of Currencies
	  	 	61	  
		  	SECTION 8.15.	  	 Acknowledgement and Consent to Bail-In of EEA Financial Institutions
	  	 	61	  

  
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	 ARTICLE IX GUARANTEE
	  	 	62	  
		  	SECTION 9.01.	  	 The Guarantee
	  	 	62	  
		  	SECTION 9.02.	  	 Obligations Unconditional
	  	 	62	  
		  	SECTION 9.03.	  	 Reinstatement
	  	 	63	  
		  	SECTION 9.04.	  	 Subrogation
	  	 	63	  
		  	SECTION 9.05.	  	 Remedies
	  	 	63	  
		  	SECTION 9.06.	  	 Instrument for the Payment of Money
	  	 	64	  
		  	SECTION 9.07.	  	 Continuing Guarantee
	  	 	64	  

  

									
		  	Schedules	  				  	
		  	Schedule 2.01	  	 	—	  	  	Commitment Schedule
				
		  	Exhibits	  				  	
		  	Exhibit A-1	  	 	—	  	  	Form of Revolving Advance Note
		  	Exhibit A-2	  	 	—	  	  	Form of Term Advance Note
		  	Exhibit B	  	 	—	  	  	Form of Notice of Borrowing
		  	Exhibit C	  	 	—	  	  	Form of Assignment and Acceptance
		  	Exhibit D-1	  	 	—	  	  	Form of U.S. Tax Certificate
		  	Exhibit D-2	  	 	—	  	  	Form of U.S. Tax Certificate
		  	Exhibit D-3	  	 	—	  	  	Form of U.S. Tax Certificate
		  	Exhibit D-4	  	 	—	  	  	Form of U.S. Tax Certificate

  
 iii 

 364-DAY CREDIT AGREEMENT 

Dated as of September 29, 2016 

This 364-DAY CREDIT AGREEMENT is entered into as of September 29, 2016, among SPECTRA ENERGY CAPITAL, LLC, a Delaware limited liability
company (the “Borrower”), SPECTRA ENERGY CORP, a Delaware corporation (“Parent”), the banks, financial institutions and other institutional lenders listed on the signature pages hereof (the “Initial
Lenders”), and Citibank, N.A. (“Citi”), as administrative agent. 
 In consideration of the mutual covenants and
agreements herein contained, the parties hereto covenant and agree as follows: 
 ARTICLE I 

DEFINITIONS AND ACCOUNTING TERMS 

SECTION 1.01. Certain Defined Terms. As used in this Agreement, the following terms shall have the following meanings (such meanings to
be equally applicable to both the singular and plural forms of the terms defined): 
 “Acquisition” by any Person, means the
acquisition by such Person, in a single transaction or in a series of related transactions, of the property or assets (including Equity Securities of any Person but excluding capital expenditures or acquisitions of inventory or supplies in the
ordinary course of business) of, or of a business unit or division of, another Person or at least a majority of the Voting Stock of another Person, in each case whether or not involving a merger or consolidation with such other Person and whether
for cash, property, services, assumption of Indebtedness, securities or otherwise. 
 “Administrative Questionnaire” means
an Administrative Questionnaire in a form supplied by the Agent. 
 “Advance” means a Base Rate Advance or a Eurodollar
Rate Advance (each of which shall be a “Type” of Advance), as the case may be. 
 “Affiliate” means, as to
any Person (the “specified Person”) (a) any Person that directly, or indirectly through one or more intermediaries, controls the specified Person (a “Controlling Person”) or (b) any Person (other than the
specified Person or a Subsidiary of the specified Person) that is controlled by or is under common control with a Controlling Person. As used herein, the term “control” means possession, directly or indirectly, of the power to
direct or cause the direction of the management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise. Unless otherwise specified, Affiliate means an Affiliate of the Borrower. 

“Agent” means Citi in its capacity as administrative agent for the Lenders under this Agreement, or any successor
administrative agent appointed pursuant to Section 7.06. 

  
 1 

 “Agent Fee Letter” means that certain letter agreement from Citi to the
Borrower, dated September 6, 2016, concerning certain fees to be paid by the Borrower in connection with this Agreement, as the same may be amended, supplemented or replaced from time to time. 

“Agent’s Account” means the account of the Agent maintained by the Agent at Citibank, N.A. with its office at New
Castle, Delaware, ABA/Routing No. 021000089, Account No. 36852248, Account Name Medium Term Finance, Attention: Myles Khoury, or such other account of the Agent as the Agent shall designate in writing to the Borrower in accordance with
Section 8.02. 
 “Agreement” means this 364-Day Credit Agreement, as amended, restated, amended and restated,
supplemented or otherwise modified from time to time. 
 “Agreement Currency” has the meaning assigned to such term in
Section 8.14(b). 
 “Anti-Corruption Laws” means all laws, rules, and regulations of any governmental authority
that are applicable to the Parent, the Borrower or any of its Subsidiaries from time to time concerning or relating to bribery, money laundering, or corruption, including, without limitation, the United States Foreign Corrupt Practices Act of 1977,
as amended from time to time. 
 “Applicable Creditor” has the meaning assigned to such term in
Section 8.14(b). 
 “Applicable Lending Office” means, with respect to each Lender, such Lender’s Domestic
Lending Office in the case of a Base Rate Advance and such Lender’s Eurodollar Lending Office in the case of a Eurodollar Rate Advance. 

“Applicable Margin” means, as of any date, with respect to any Eurodollar Rate Advance or Base Rate Advance, as the case may
be, the applicable percentage per annum set forth below under the captions “Eurodollar Margin” or “Base Rate Margin”, as the case may be, in each case determined by reference to the Public Debt Rating in effect on such date: 

 

											
	 Level
	  	 Public Debt Rating

(S&P/Moody’s/Fitch)
	  	Eurodollar
Margin	 	 	Base Rate
Margin	 
	Level 1	  	 A-/A3/A-
	  	 	1.170	% 	 	 	0.170	% 
	Level 2	  	 BBB+/Baa1/BBB+
	  	 	1.275	% 	 	 	0.275	% 
	Level 3	  	 BBB/Baa2/BBB
	  	 	1.375	% 	 	 	0.375	% 
	Level 4	  	 BBB-/Baa3/ BBB-
	  	 	1.600	% 	 	 	0.600	% 
	Level 5	  	 < BBB-/Baa3 /BBB-
	  	 	1.800	% 	 	 	0.800	% 

  
 2 

 “Applicable Percentage” means, as of any date, a percentage per annum set forth
below under the caption “Applicable Percentage”, determined by reference to the Public Debt Rating in effect on such date: 
  

							
	 Level
	  	 Public Debt Rating

(S&P/Moody’s/Fitch)
	  	Applicable
Percentage	 
	Level 1	  	 A-/A3/A-
	  	 	0.080	% 
	Level 2	  	 BBB+/Baa1/BBB+
	  	 	0.100	% 
	Level 3	  	 BBB/Baa2/BBB
	  	 	0.125	% 
	Level 4	  	 BBB-/Baa3/ BBB-
	  	 	0.150	% 
	Level 5	  	 < BBB-/Baa3 /BBB-
	  	 	0.200	% 

 “Approved Fund” means any Person (other than a natural Person) that is (or will be) engaged
in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or
(c) an entity or an Affiliate of an entity that administers or manages a Lender. 
 “Approved Officer” means the
president, a vice president, the chief executive officer, the chief financial officer, the treasurer, an assistant treasurer or the controller of the Borrower or such other representative of the Borrower as may be designated by any one of the
foregoing with the consent of the Agent, such consent not to be unreasonably withheld, conditioned or delayed. 
 “Assignment and
Acceptance” means an assignment and acceptance entered into by a Lender and an assignee, and accepted by the Agent, in substantially the form of Exhibit C hereto. 

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in
respect of any liability of an EEA Financial Institution. 
 “Bail-In Legislation” means, with respect to any EEA Member
Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation
Schedule. 
 “Bankruptcy Event” means, with respect to any Person, such Person has become or is insolvent or such Person
becomes the subject of a bankruptcy or insolvency proceeding, or has had a receiver, conservator, trustee, administrator, custodian, assignee for the benefit of creditors or similar Person charged with the reorganization or liquidation of its
business appointed for it (including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such capacity), or, in the good faith determination of the 

  
 3 

 
Agent, has taken any action in furtherance of, or indicating its consent to, approval of, or acquiescence in, any such proceeding or appointment, provided that a Bankruptcy Event shall not
result solely by virtue of any ownership interest, or the acquisition of any ownership interest, in such Person by any governmental authority or instrumentality thereof, provided, further, that such ownership interest does not result
in or provide such Person with immunity from the jurisdiction of courts within the United States of America or from the enforcement of judgments or writs of attachment on its assets or permit such Person (or such governmental authority or
instrumentality) to reject, repudiate, disavow or disaffirm any contracts or agreements made by such Person. 
 “Base Rate”
means, for any day, a fluctuating interest rate per annum, which rate per annum shall be equal to the highest of: 
 (a) the Prime Rate for
such day; 
 (b) 1/2 of one percent (0.50%) per annum above the Federal Funds Rate for such day; and 

(c) one percent (1.0%) per annum above the Eurodollar Rate (without giving effect to clause (b) of the definition thereof) for a
one-month Interest Period beginning on such day (or if such day is not a Business Day, the immediately preceding Business Day). 

“Base Rate Advance” means a Revolving Advance (or, if the Term Conversion has occurred, a Term Advance) bearing interest as
provided in Section 2.06(a)(i). 
 “Borrower” has the meaning set forth in the introductory paragraph to this
Agreement. 
 “Borrowing” means Advances of the same Type, made, converted or continued on the same date and, in respect of
Eurodollar Rate Advances, having a single Interest Period. 
 “Business Day” means any day that is not a Saturday, Sunday
or other day on which commercial banks in New York City are required or authorized by law to remain closed and, if the applicable Business Day relates to any Eurodollar Rate Advances, any day on which commercial banks are open for dealings in
deposits denominated in dollars in the London interbank market. 
 “Cash Collateral” means, each of the following
instruments and securities to the extent having maturities (for purposes of this definition, “maturities” shall mean (i) weighted average life for asset-backed securities, mortgage-backed securities, commercial mortgage-backed
securities and collateralized mortgage obligations, and the next reset date for auction rate securities and (ii) with respect to mutual funds, the weighted average maturity of the investments it owns) not greater than 180 days from the date of
acquisition thereof: 
 (a) cash; 

  
 4 

 (b) investments in money market mutual funds that are registered with the United States
Securities and Exchange Commission and subject to Rule 2a-7 of the Investment Company Act of 1940, as amended, and have a net asset value of 1.0, provided, that in the event due to a Change in Law with respect to Rule 2a-7 such Rule 2a-7
ceases to require such funds to have a net asset value of 1.0, such funds shall comply with such alternate requirements as such Rule 2a-7 as revised may require; 

(c) U.S. Treasury Notes; 
 (d)
direct obligations of the United States and other obligations whose principal and interest is fully guaranteed by the United States; 
 (e)
money market instruments (including, but not limited to, commercial paper, banker’s acceptances, time deposits and certificates of deposits), other than such instruments issued by Lenders or Affiliates of Lenders, rated A-1 by S&P, P-1 by
Moody’s or F-1 by Fitch at the time of purchase; 
 (f) obligations of corporations or other business entities (excluding structured
obligations and obligations of Lenders or any Affiliates of Lenders) rated AAA by S&P, Aaa by Moody’s or AAA by Fitch at the time of purchase; 

(g) repurchase obligations that are collateralized no less than 100% (and, to the extent commercially available, not less than 102%) of market
value (including accrued interest) by obligations of the United States government or one of its sponsored enterprises or agencies; 
 (h)
municipal obligations issued by any state of the United States of America or any municipality or other political subdivision of any such state rated AAA by S&P, Aaa by Moody’s or AAA by Fitch at the time of purchase; and 

(i) shares in bond mutual funds that are registered under the Investment Company Act of 1940, as amended, that invest solely in the items set
forth in (a)-(h) above and rated AAA by S&P, Aaa by Moody’s or AAA by Fitch at the time of purchase. 
 Notwithstanding the above, at the time
of purchase, no one issuer will be more than $30,000,000 of the value of the Cash Collateral. This rule excludes direct obligations of the United States, United States sponsored agencies and enterprises, money market funds, repurchase agreements and
securities that have an effective maturity no longer than the next Business Day. United States sponsored agencies and enterprises are limited to the greater of $100,000,000 or 40% of the value of the Cash Collateral at time of purchase, per issuer.

 In addition, (i) with respect to the Maritimes Debt, “Cash Collateral” shall include “Permitted Investments”, as
defined in the Maritimes Trust Indenture, as in effect on the Effective Date and (ii) with respect to any Incremental Term Loans, “Cash Collateral” must be held in a Cash Collateral Account (as defined in the MLP Credit Agreement as
in effect on the date hereof) and subject to a first priority perfected security interest in favor of the administrative agent under the MLP Credit Agreement, on behalf of the applicable Class of Incremental Term Lenders (each, as defined in the MLP
Credit Agreement as in effect on the date hereof). For 

  
 5 

 
purposes of calculating the amount of Cash Collateral on deposit in any Cash Collateral Account under the MLP Credit Agreement, Cash Collateral of an issuer that exceeds the $30,000,000 or the
greater of $100,000,000 or 40% thresholds set forth above shall be excluded from such calculation. 
 “Cash Collateralized Term
Loans” means, collectively, (a) any term loans made to Parent or any of its Consolidated Subsidiaries that are at least 100% secured by Permitted Cash Collateral, (b) that portion of the Maritimes Debt that is 100% secured by
Permitted Cash Collateral and (c) any Incremental Term Loans made under and pursuant to the terms of the MLP Credit Agreement. 

“Citi” has the meaning set forth in the introductory paragraph to this Agreement. 

“Change in Law” means the occurrence after the date of this Agreement or, with respect to any Lender that becomes a party to
this Agreement after the date hereof, such later date on which such Lender becomes a party to this Agreement, of (a) the adoption of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the
interpretation or application thereof by any governmental authority or (c) compliance by any Lender (or, for purposes of Section 2.12(b), by any corporation controlling such Lender, if any) with any request, guideline or directive
(whether or not having the force of law) of any central bank or other governmental authority made or issued after the date of this Agreement; provided that, notwithstanding anything herein to the contrary, (x) the Dodd-Frank Wall Street
Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the
Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall be deemed to be a “Change in Law”, regardless of the date
enacted, adopted or issued. 
 “Change of Control” means the occurrence of any of the events specified in
Section 6.01(g). 
 “Commitment” has the meaning specified in Section 2.01. 

“Consolidated Capitalization” means, at any date, the sum of (a) Consolidated Indebtedness, (b) consolidated
members equity as would appear on a consolidated balance sheet of Parent and the Consolidated Subsidiaries prepared in accordance with GAAP, (c) the aggregate liquidation preference of preferred member or other similar preferred or priority
Equity Securities (other than preferred member or other similar preferred or priority Equity Securities subject to mandatory redemption or repurchase) of Parent and the Consolidated Subsidiaries upon involuntary liquidation, (d) without
duplication of the amount, if any, of Hybrid Securities included in Consolidated Indebtedness by virtue of the proviso in the definition of such term, the aggregate outstanding amount of all Hybrid Securities of Parent and the Consolidated
Subsidiaries and (e) non-controlling interests as would appear on a consolidated balance sheet of Parent and the Consolidated Subsidiaries prepared in accordance with GAAP. 

  
 6 

 “Consolidated Indebtedness” means, as of any date, all Indebtedness of Parent
and the Consolidated Subsidiaries determined on a consolidated basis in accordance with GAAP plus, without duplication, all Indebtedness described in clause (e) of the definition thereof, but excluding the aggregate principal
amount of all Cash Collateralized Term Loans; provided, that solely for purposes of this definition Hybrid Securities shall constitute Indebtedness only to the extent, if any, that the amount thereof that appears on a consolidated balance
sheet of Parent and the Consolidated Subsidiaries exceeds 15% of Consolidated Capitalization. 
 “Consolidated Net Tangible
Assets” means, as of any date, Consolidated Tangible Assets at such date minus all consolidated current liabilities of Parent and the Consolidated Subsidiaries at such date determined on a consolidated basis in accordance with GAAP.

 “Consolidated Subsidiaries” means Borrower and each Restricted Subsidiary of the Borrower. 

“Consolidated Tangible Assets” means, as of any date, the consolidated assets of Parent and the Consolidated Subsidiaries at
such date, determined on a consolidated basis in accordance with GAAP, and after deducting therefrom (a) the net book value of all assets that would be classified as intangibles under GAAP (including, without limitation, goodwill,
organizational expenses, trademarks, trade names, copyrights, patents, licenses and any rights in any thereof) and (b) any prepaid expenses, deferred charges and unamortized debt discount and expense, each such item determined in accordance
with GAAP. 
 “Convert”, “Conversion” and “Converted” each refers to a conversion of
Advances of one Type into Advances of the other Type pursuant to Section 2.07 or 2.08. 
 “Default”
means any Event of Default or any event that would constitute an Event of Default but for the requirement that notice be given or time elapse or both. 

“Defaulting Lender” means, at any time, any Lender that (a) has failed, within two Business Days of the date required to
be funded or paid, to (i) fund all or any portion of its Advances or (ii) pay over to any Lender Party any other amount required to be paid by it hereunder, unless, in the case of clause (i) above, such Lender notifies the Agent and
the Borrower in writing that such failure is the result of such Lender’s good faith determination that a condition precedent to funding (specifically identified and including any particular Default, if applicable) has not been satisfied,
(b) has notified the Borrower or any Lender Party in writing, or has made a public statement to the effect, that it does not intend or expect to comply with any of its funding obligations under this Agreement (unless such writing or public
statement indicates that such position is based on such Lender’s good faith determination that a condition precedent (specifically identified and including any particular Default, if applicable) to funding an Advance under this Agreement cannot
be satisfied) or generally under other agreements in which it commits to extend credit, (c) has failed, within three Business Days after request by the Agent or the Borrower, acting in good faith, to provide a certification in writing from an
authorized officer of such Lender that it will comply with its obligations to fund prospective Advances, provided that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon the Agent or the
Borrower’s receipt of such certification in form and substance satisfactory to it, the Agent and the Borrower, or (d) has, or has a Lender Parent that has, become the subject of (x) a Bankruptcy Event or (y) a Bail-in Action. Any
determination by the Agent that a Lender is a Defaulting Lender under clauses (a) through (d) above shall be conclusive and binding absent manifest error. 

  
 7 

 “dollars” or “$” refers to lawful money of the United States of
America. 
 “Domestic Lending Office” means, with respect to any Lender, the office of such Lender specified as its
“Domestic Lending Office” in its Administrative Questionnaire or in the Assignment and Acceptance pursuant to which it became a Lender, or such other office of such Lender as such Lender may from time to time specify to the Borrower and
the Agent. 
 “EEA Financial Institution” means (a) any institution established in any EEA Member Country which is
subject to the supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any institution established in an
EEA Member Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent; 

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

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

“Effective Date” has the meaning specified in Section 3.01. 

“Environmental Action” means any action, suit, demand, demand letter, claim, notice of non-compliance or violation, notice of
liability or potential liability, investigation, proceeding, consent order or consent agreement relating in any way to any Environmental Law, Environmental Permit or Hazardous Materials or arising from alleged injury or threat of injury to health,
safety or the environment, including, without limitation, (a) by any governmental or regulatory authority for enforcement, cleanup, removal, response, remedial or other actions or damages and (b) by any governmental or regulatory authority
or any third party for damages, contribution, indemnification, cost recovery, compensation or injunctive relief. 
 “Environmental
Law” means any federal, state, local or foreign statute, law, ordinance, rule, regulation, code, order, judgment, decree or judicial or agency interpretation, policy or guidance relating to pollution or protection of the environment,
health, safety or natural resources, in each case, relating to the use, handling, transportation, treatment, storage, disposal, release or discharge of Hazardous Materials. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required under any
Environmental Law. 
 “Equity Securities” means any and all shares, interests, participations or other equivalents (however
designated) of capital stock of a corporation, any and all equivalent ownership interests in a Person (other than a corporation), including, without limitation, partnership interests and membership interests, and any and all warrants, rights or
options to purchase or other arrangements or rights to acquire any of the foregoing. 

  
 8 

 “ERISA” means the Employee Retirement Income Security Act of 1974, as amended
from time to time, and the regulations promulgated and rulings issued thereunder. 
 “ERISA Group” means all members of a
controlled group of corporations and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower, would (at the applicable time) be deemed as a single employer under Section 414 of the Internal
Revenue Code. 
 “EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market
Association (or any successor Person), as in effect from time to time. 
 “Eurocurrency Liabilities” has the meaning
assigned to that term in Regulation D of the Board of Governors of the Federal Reserve System, as in effect from time to time. 

“Eurodollar Lending Office” means, with respect to any Lender, the office of such Lender specified as its “Eurodollar
Lending Office” in its Administrative Questionnaire or in the Assignment and Acceptance pursuant to which it became a Lender (or, if no such office is specified, its Domestic Lending Office), or such other office of such Lender as such Lender
may from time to time specify to the Borrower and the Agent. 
 “Eurodollar Rate” means, for any Interest Period for each
Eurodollar Rate Advance comprising part of the same Borrowing, (a) the London interbank offered rate as administered by ICE Benchmark Administration (or any other Person that takes over the administration of such rate) for dollars for a period
equal in length to such Interest Period as displayed on pages LIBOR01 or LIBOR02 of the Bloomberg screen that displays such rate (or, in the event such rate does not appear on a Bloomberg page or screen, on any successor or substitute page on such
screen that displays such rate, or on the appropriate page of such other information service that publishes such rate from time to time as selected by the Agent in its reasonable discretion; in each case the “Screen Rate”) at
approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period; provided that if the Screen Rate shall be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement;
provided further that if the Screen Rate shall not be available at such time for such Interest Period (an “Impacted Interest Period”) then the Eurodollar Rate shall be the Interpolated Rate; provided that if any
Interpolated Rate shall be less than zero, such rate shall be deemed to be zero for purposes of this Agreement, divided by (b) one minus the Eurodollar Rate Reserve Percentage. 

“Eurodollar Rate Advance” means a Revolving Advance (or, if the Term Conversion has occurred, a Term Advance) bearing
interest as provided in Section 2.06(a)(ii). 
 “Eurodollar Rate Reserve Percentage” means, for any Interest
Period for all Eurodollar Rate Advances comprising part of the same Borrowing, the reserve percentage applicable two Business Days before the first day of such Interest Period under regulations issued from time to time by the Board of Governors of
the Federal Reserve System (or any 

  
 9 

 
successor) for determining the maximum reserve requirement (including, without limitation, any emergency, supplemental or other marginal reserve requirement) for a member bank of the Federal
Reserve System in New York City with respect to liabilities or assets consisting of or including Eurocurrency Liabilities (or with respect to any other category of liabilities that includes deposits by reference to which the interest rate on
Eurodollar Rate Advances is determined) having a term equal to such Interest Period. 
 “Events of Default” has the meaning
specified in Section 6.01. 
 “Excess” has the meaning specified in Section 2.09(b). 

“FATCA” means Sections 1471 through 1474 of the Internal Revenue Code, as of the date of this Agreement (or any amended or
successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations thereof, any agreement entered into pursuant to Section 1471(b)(1) of the Internal
Revenue Code and any intergovernmental agreement between the United States and another country to implement such Sections of the Internal Revenue Code and any fiscal or regulatory legislation, rules or practices officially adopted by a government or
governmental authority pursuant to such intergovernmental agreement. For the avoidance of doubt, Section 1.04(f) shall not apply for purposes of this definition. 

“Federal Funds Rate” means, for any period, a fluctuating interest rate per annum equal for each day during such period to
the weighted average of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published for such day (or, if such day is not a Business Day, for the next preceding Business
Day) by the Federal Reserve Bank of New York, or, if such rate is not so published for any day that is a Business Day, the average of the quotations for such day on such transactions received by the Agent from three Federal funds brokers of
recognized standing selected by it. 
 “Fee Letters” means, (i) the Agent Fee Letter and (ii) that certain letter
agreement from Citi, Citigroup Global Markets Inc., Bank of Montreal and BMO Capital Markets Corp. to the Borrower, dated September 6, 2016. 

“Fitch” means Fitch, Inc. or any successor to the rating agency business thereof. 

“Foreign Lender” has the meaning specified in Section 2.15(g). 

“GAAP” means generally accepted accounting principles in the United States of America. 

“Guaranteed Obligations” has the meaning specified in Section 9.01. 

“Hazardous Materials” means (a) petroleum and petroleum products, byproducts or breakdown products, radioactive
materials, asbestos-containing materials, polychlorinated biphenyls and radon gas and (b) any other chemicals, materials or substances designated, classified or regulated as hazardous or toxic or as a pollutant or contaminant under any
Environmental Law. 

  
 10 

 “Hybrid Securities” means any trust preferred securities, or deferrable interest
subordinated debt with a maturity of at least 20 years, which provides for the optional or mandatory deferral of interest or distributions, issued by Parent or any Consolidated Subsidiary, or any business trusts, limited liability companies, limited
partnerships or similar entities (i) substantially all of the common equity, general partner or similar interests of which are owned (either directly or indirectly through one or more wholly owned Subsidiaries) at all times by Parent or any of
the Consolidated Subsidiaries, (ii) that have been formed for the purpose of issuing hybrid securities or deferrable interest subordinated debt, and (iii) substantially all the assets of which consist of (A) subordinated debt of
Parent or a Consolidated Subsidiary, and (B) payments made from time to time on the subordinated debt. 
 “Impacted Interest
Period” has the meaning assigned to such term in the definition of Eurodollar Rate. 
 “Incremental Term Loans”
has the meaning assigned to such term in the MLP Credit Agreement as in effect on the date hereof. 
 “Indebtedness” of any
Person means at any date, without duplication, (a) all obligations of such Person for borrowed money, (b) all indebtedness of such Person for the deferred purchase price of property or services purchased (excluding current accounts payable
incurred in the ordinary course of business), (c) all indebtedness created or arising under any conditional sale or other title retention agreement with respect to property acquired, (d) all indebtedness under leases which shall have been
or should be, in accordance with GAAP as in effect on December 31, 2015, recorded as capital leases in respect of which such Person is liable as lessee, (e) the face amount of all outstanding letters of credit issued for the account of
such Person that support obligations that constitute Indebtedness (provided that the amount of such letter of credit included in Indebtedness shall not exceed the amount of the Indebtedness being supported) and, without duplication, the unreimbursed
amount of all drafts drawn under letters of credit issued for the account of such Person, (f) indebtedness secured by any Lien on property or assets of such Person, whether or not assumed (but in any event not exceeding the fair market value of
such property or assets), (g) all direct guarantees of Indebtedness referred to above of another Person, (h) all amounts payable in connection with Hybrid Securities or mandatory redemptions or repurchases of preferred stock or member
interests or other preferred or priority Equity Securities, and (i) any obligations of such Person (in the nature of principal or interest) in respect of acceptances or similar obligations issued or created for the account of such Person. 

“Indemnified Costs” has the meaning specified in Section 7.05. 

“Indemnified Party” has the meaning specified in Section 8.04(b). 

“Ineligible Assignee” has the meaning specified in Section 8.07(a). 

“Information” has the meaning specified in Section 8.13(a). 

“Information Memorandum” means the Confidential Information Memorandum, dated September 2016, relating to the Borrower and
the transactions contemplated by this Agreement. 

  
 11 

 “Initial Lenders” has the meaning set forth in the introductory paragraph to
this Agreement. 
 “Interest Period” means, for each Eurodollar Rate Advance comprising part of the same Borrowing, the
period commencing on the date of such Eurodollar Rate Advance or the date of the Conversion of any Base Rate Advance into such Eurodollar Rate Advance and ending on the last day of the period selected by the Borrower pursuant to the provisions below
and, thereafter, with respect to Eurodollar Rate Advances, each subsequent period commencing on the last day of the immediately preceding Interest Period and ending on the last day of the period selected by the Borrower pursuant to the provisions
below. The duration of each such Interest Period shall be one, two, three or six months (or, with the consent of each Lender, such other periods), as the Borrower may, upon notice received by the Agent not later than 11:00 A.M. (New York City time)
on the third Business Day prior to the first day of such Interest Period, select; provided, however, that: 
 (a) the Borrower
may not select any Interest Period that ends after the Termination Date; 
 (b) Interest Periods commencing on the same date for Eurodollar
Rate Advances comprising part of the same Borrowing shall be of the same duration; 
 (c) whenever the last day of any Interest Period would
otherwise occur on a day other than a Business Day, the last day of such Interest Period shall be extended to occur on the next succeeding Business Day, provided, however, that, if such extension would cause the last day of such
Interest Period to occur in the next following calendar month, the last day of such Interest Period shall occur on the next preceding Business Day; and 

(d) whenever the first day of any Interest Period occurs on a day of an initial calendar month for which there is no numerically corresponding
day in the calendar month that succeeds such initial calendar month by the number of months equal to the number of months in such Interest Period, such Interest Period shall end on the last Business Day of such succeeding calendar month. 

“Internal Revenue Code” means the Internal Revenue Code of 1986, as amended from time to time, and the regulations
promulgated and rulings issued thereunder. 
 “Interpolated Rate” means, at any time, for any Interest Period, the rate per
annum (rounded to the same number of decimal places as the Screen Rate) determined by the Agent (which determination shall be conclusive and binding absent manifest error) to be equal to the rate that results from interpolating on a linear basis
between: (a) the Screen Rate for the longest period (for which the Screen Rate is available) that is shorter than the Impacted Interest Period; and (b) the Screen Rate for the shortest period (for which the Screen Rate is available) that
exceeds the Impacted Interest Period, in each case, at such time. 
 “Investment” means, as to any Person, any direct or
indirect acquisition or investment by such Person, whether by means of (a) the purchase or other acquisition of the Equity Securities of another Person, (b) an Acquisition or (c) a loan, advance or capital contribution to, guarantee
or assumption of debt of, or purchase or other acquisition of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person and any arrangement pursuant to which the
investor guarantees Indebtedness of such other Person. 

  
 12 

 “Joint Lead Arrangers” means Citigroup Global Markets Inc. and BMO Capital
Markets Corp. 
 “Judgment Currency” has the meaning assigned to such term in Section 8.14(b). 

“Lender Parent” means, with respect to any Lender, each Person in respect of which such Lender is, directly or indirectly, a
subsidiary. 
 “Lender Party” means the Agent or any other Lender. 

“Lenders” means the Initial Lenders and each Person that shall become a lender hereunder pursuant to an Assignment and
Acceptance, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Acceptance. 
 “Lien”
means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset. For the purposes of this Agreement, the Borrower or any Subsidiary shall be deemed to own subject to a Lien
any asset that it has acquired or holds subject to the interest of a vendor or lessor under any conditional sale agreement, capital lease or other title retention agreement relating to such asset. 

“Maritimes” means Maritimes & Northeast Pipeline Limited Partnership, a limited partnership organized under the laws
of New Brunswick, Canada. 
 “Maritimes Debt” means the Indebtedness owed by Maritimes pursuant to the Maritimes Trust
Indenture. 
 “Maritimes Trust Indenture” means the Trust Indenture, dated as of June 30, 1999, between Maritimes and
The Trust Company of Bank of Montreal, a trust company incorporated under the laws of Canada, in its capacity as the note trustee (as amended, restated, amended and restated, supplemented or otherwise modified prior to the Effective Date and as in
effect on the Effective Date). 
 “Material Adverse Change” means any material adverse change in the business, financial
condition or results of operations of the Borrower and its Restricted Subsidiaries taken as a whole. 
 “Material Adverse
Effect” means a material adverse effect on (a) the business, financial condition or results of operations of the Borrower and its Restricted Subsidiaries taken as a whole, or (b) the legality, validity or enforceability of this
Agreement or any Note. 
 “Material Plan” has the meaning specified in Section 6.01(h). 

“Material Restricted Subsidiary” means at any time any Restricted Subsidiary that is a Material Subsidiary. 

  
 13 

 “Material Subsidiary” means at any time any Subsidiary that is a significant
subsidiary (as such term is defined on the Effective Date in Regulation S-X of the Securities and Exchange Commission (17 CFR 210.1-02(w)), but treating all references to the “registrant” therein as references to the Borrower. 

“MLP” means Spectra Energy Partners LP, a Delaware limited partnership. 

“MLP Asset Transfer” means any contribution or other disposition of property or assets (including Equity Securities of any
Person) by Parent, the Borrower or any Restricted Subsidiary to the MLP or one or more MLP Subsidiaries. 
 “MLP Credit
Agreement” means the Amended and Restated Credit Agreement, dated as of November 1, 2013, as amended, restated, supplemented or otherwise modified from time to time, among the MLP, the lenders and issuing banks party thereto and Citi,
as administrative agent. 
 “MLP GP” means either or both of the sole general partner of the MLP and the general partner of
the general partner of the MLP. 
 “MLP Subsidiary” means a Subsidiary of the MLP. 

“Moody’s” means Moody’s Investors Service, Inc. or any successor to the rating agency business thereof. 

“Non-Consenting Lender” means any Lender that withholds its consent to any proposed amendment, modification or waiver that
cannot become effective without the consent of such Lender under Section 8.01, and that has been consented to by the Required Lenders. 

“Note” means a Revolving Advance Note or Term Advance Note, as the context may apply. “Notes” means
collectively, the Revolving Advance Notes and the Term Advance Notes. 
 “Notice of Borrowing” means a written notice (by
facsimile or an email with an attached .pdf of the Notice of Borrowing) or telephonic notice (confirmed by the Borrower immediately in writing) of (a) a Borrowing of Revolving Advances pursuant to Section 2.02(a), or (b) the
Term Conversion pursuant to Section 2.01(b), which, in each case, shall be substantially in the form of Exhibit B or otherwise include the information requested in such form. 

“Other Taxes” has the meaning specified in Section 2.15(b). 

“Parent” has the meaning set forth in the introductory paragraph to this Agreement. 

“Parent Officer” means the president, a vice president, the chief executive officer, the chief financial officer, the
treasurer, an assistant treasurer or the controller of Parent or such other representative of Parent as may be designated by any of the foregoing with the consent of the Agent. 

  
 14 

 “Participant” has the meaning specified in Section 8.07(e). 

“Participant Register” has the meaning specified in Section 8.07(e). 

“Patriot Act” means the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct
Terrorism Act of 2001 (Title III of Pub. L. No. 107-56 (signed into law October 26, 2001)). 
 “PBGC” means the
Pension Benefit Guaranty Corporation (or any successor). 
 “Permitted MLP Asset Transfer” means any MLP Asset Transfer
after the Effective Date, provided that all such MLP Asset Transfers, taken in the aggregate and not individually, are on terms and conditions reasonably fair in all material respects to the Borrower and its Restricted Subsidiaries in the
good faith judgment of the Borrower. 
 “Permitted Cash Collateral” means (a) Cash Collateral and (b) such other
short-term, highly liquid Investments and other debt instruments and debt securities that are both (i) readily convertible to known amounts of cash and (ii) so near their maturity that they present insignificant risk of decreases in value
because of changes in interest rates. 
 “Person” means an individual, partnership, corporation (including a business
trust), joint stock company, trust, unincorporated association, joint venture, limited liability company or other entity, or a government or any political subdivision or agency thereof. 

“Plan” means at any time an “employee pension benefit plan” (within the meaning of Section 3(2) of ERISA) that
is covered by Title IV of ERISA or subject to the minimum funding standards under Section 430 (or predecessor statute thereto) of the Internal Revenue Code, and (a) is either (i) maintained by a member of the ERISA Group for employees
of a member of the ERISA Group or (ii) maintained pursuant to a collective bargaining agreement or any other arrangement under which more than one employer makes contributions, and (b) to which a member of the ERISA Group (i) is then
making or accruing an obligation to make contributions or (ii) has within the preceding five plan years made contributions or accrued an obligation to make such contributions. 

“Prime Rate” means the rate of interest publicly announced by Citi in New York City from time to time as its prime rate. Each
change in the Prime Rate shall be effective from and including the day such change is publicly announced. 
 “Pro Rata
Share” means, with respect to any Lender, (i) if the Term Conversion has not occurred, the percentage of the aggregate Commitments represented by such Lender’s Commitment; provided that in the case of
Section 2.19 when a Defaulting Lender shall exist, “Pro Rata Share” shall mean the percentage of the aggregate Commitments (disregarding any Defaulting Lender’s Commitment) represented by such Lender’s Commitment (or
if the Commitments have terminated or expired (other than with respect to the Term Conversion) the Commitments most recently in effect, giving effect to any assignments and to any Lender’s status as a Defaulting Lender at the time of
determination), or (ii) if the Term Conversion has occurred, the percentage of the aggregate outstanding principal amount of Term Advances represented by the outstanding principal amount of Term Advances owing to such Lender (or if the Term
Advances have been repaid in full, the Term Advances most recently outstanding, giving effect to any assignments and to any Lender’s status as a Defaulting Lender at the time of determination). 

  
 15 

 “Proposed Merger” means the proposed merger of Enbridge Inc. (or any Subsidiary
thereof) and the Parent pursuant to that certain Agreement and Plan of Merger dated as of September 5, 2016, as amended, restated, supplemented or otherwise modified from time to time, among the Parent, Enbridge Inc. and Sand Merger Sub, Inc.

 “Public Debt Rating” means, as of any date, the rating that has been most recently announced by Fitch, S&P or
Moody’s, as the case may be, for all non-credit enhanced long-term senior unsecured debt issued by the Borrower. If only one Public Debt Rating is available, such available Public Debt Rating will govern. If at any time there is more than one
Public Debt Rating and such Public Debt Ratings are different (i) if three Public Debt Ratings are available, either (a) the majority Public Debt Rating will govern, if two Public Debt Ratings are the same, or (b) the middle Public
Debt Rating will govern, if all three Public Debt Ratings differ, and (ii) if only two Public Debt Ratings are available, the higher Public Debt Rating will govern, unless there is more than one level between the Public Debt Ratings and then
the level one below the higher Public Debt Rating (lower pricing) will apply. If any rating established or deemed to have been established by Fitch, S&P or Moody’s shall be changed (other than as a result of a change in the rating system of
Fitch, Moody’s or S&P), such change shall be effective as of the date on which such change is first announced publicly by the rating agency making such change. 

If the rating system of Fitch, S&P or Moody’s shall change, the Borrower and the Lenders shall negotiate in good faith to amend this
definition of “Public Debt Rating” to reflect such changed rating system and, pending the effectiveness of any such amendment, the Applicable Margin and the Applicable Percentage shall be determined by reference to the Public Debt Rating
most recently in effect prior to such change. 
 If the Borrower shall at any time fail to have in effect a Public Debt Rating, the Borrower
shall seek and obtain, within thirty (30) days after the Public Debt Ratings first cease to be in effect, a corporate credit rating or a bank loan rating from Fitch, S&P and/or Moody’s (or, if neither Fitch, S&P nor Moody’s
issues such types of ratings or ratings comparable thereto, from another nationally recognized rating agency approved by each of the Borrower and the Agent), and from and after the date on which such corporate credit rating or bank loan rating is
obtained until such time (if any) that a Public Debt Rating becomes effective again, the Applicable Margin and the Applicable Percentage shall be based on such corporate credit or bank loan rating or ratings in the same manner as provided herein
with respect to the Public Debt Ratings (with Level 5 being the Applicable Margin and the Applicable Percentage in effect from the time the Public Debt Ratings cease to be in effect until the earlier of (x) the date on which any such corporate
credit rating or bank loan rating is obtained and (y) the date on which a Public Debt Rating becomes effective again). 

“Register” has the meaning specified in Section 8.07(d). 

  
 16 

 “Required Lenders” means at any time (i) prior to the occurrence of the
Term Conversion, Lenders having Commitments (disregarding any Defaulting Lender’s Commitment) representing more than 50% of the aggregate Commitments of all Lenders (or if the Commitments have terminated or expired (other than with respect to
the Term Conversion) the Commitments most recently in effect, giving effect to any assignments and to any Lender’s status as a Defaulting Lender at the time of determination) and (ii) after the occurrence of the Term Conversion, Lenders
having more than 50% of the aggregate outstanding principal amount of Term Advances (or if the Term Advances have been repaid in full, the Term Advances most recently outstanding, giving effect to any assignments and to any Lender’s status as a
Defaulting Lender at the time of determination). 
 “Restricted Subsidiary” means all Subsidiaries of the Borrower other
than Unrestricted Subsidiaries. 
 “Revolving Advance” has the meaning specified in Section 2.01(a). 

“Revolving Advance Note” means a promissory note of the Borrower payable to any Lender, in substantially the form of
Exhibit A-1 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Revolving Advances made by such Lender. 

“Revolving Credit Termination Date” means the date that is the earlier of (i) 364 days from the Effective Date, or, if
such date is a non-Business Day, the immediately preceding Business Day from the date that is 364 days from the Effective Date, and (ii) the date of termination in whole of the Commitments pursuant to Sections 2.05, 2.09 or
6.01. 
 “S&P” means S&P Global Ratings Inc., a division of The McGraw-Hill Companies, Inc. or any successor
to the rating agency business thereof. 
 “Sanctioned Country” means, at any time, a country or territory which is itself
the subject or target of any Sanctions. 
 “Sanctioned Person” means, at any time, (a) any Person listed in any
Sanctions-related list of designated Persons maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, and, in each case to the extent applicable, the United Nations Security Council,
the European Union, any European Union member state or the Government of Canada, (b) any Person operating, organized or resident in a Sanctioned Country or (c) any Person owned or controlled by any such Person or Persons described in the
foregoing clauses (a) or (b). 
 “Sanctions” means economic or financial sanctions or trade embargoes imposed,
administered or enforced from time to time by (a) the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State, or (b) in each case to the
extent applicable, the United Nations Security Council, the European Union, Her Majesty’s Treasury of the United Kingdom or the Government of Canada. 

“Screen Rate” has the meaning assigned to such term in the definition of Eurodollar Rate. 

  
 17 

 “Subsidiary” means, with respect to any Person (the “parent”)
at any date, any corporation, limited liability company, partnership, association or other entity the accounts of which would be consolidated with those of the parent in the parent’s consolidated financial statements if such financial
statements were prepared in accordance with GAAP as of such date. Unless otherwise specified, “Subsidiary” means a Subsidiary of the Borrower. 

“Super-Majority Lenders” means at any time (i) prior to the occurrence of the Term Conversion, Lenders having
Commitments (disregarding any Defaulting Lender’s Commitment) representing more than 66-2/3% of the aggregate Commitments of all Lenders (or if the Commitments have terminated or expired (other than with respect to the Term Conversion) the
Commitments most recently in effect, giving effect to any assignments and to any Lender’s status as a Defaulting Lender at the time of determination) and (ii) after the occurrence of the Term Conversion, Lenders having more than 66-2/3% of
the aggregate outstanding principal amount of Term Advances (or if the Term Advances have been repaid in full, the Term Advances most recently outstanding, giving effect to any assignments and to any Lender’s status as a Defaulting Lender at
the time of determination). 
 “Taxes” has the meaning specified in Section 2.15(a). 

“Term Advance” has the meaning specified in Section 2.01(b). 

“Term Advance Note” means a promissory note of the Borrower payable to any Lender, in substantially the form of Exhibit
A-2 hereto, evidencing the aggregate indebtedness of the Borrower to such Lender resulting from the Term Advances made by such Lender. 

“Term Conversion” has the meaning specified in Section 2.01(b). 

“Term Conversion Date” has the meaning specified in Section 2.01(b). 

“Term Conversion Fee” has the meaning specified in Section 2.04(b). 

“Termination Date” means the Revolving Credit Termination Date, provided, that, if the Term Conversion has
occurred, the Termination Date shall be the date that is the earlier of (y) one year after the Term Conversion Date, or, if such date is a non-Business Day, the immediately preceding Business Day from the date that is one year after the Term
Conversion Date and (z) the date all outstanding Term Advances are required to be repaid or prepaid in whole pursuant to the terms of this Agreement. 

“Type” has the meaning specified in the definition of Advance. 

“Unfunded Vested Liabilities” means, with respect to any Plan at any time, the amount (if any) by which (a) the present
value of all benefits under such Plan exceeds (b) the fair market value of all Plan assets allocable to such benefits, all determined as of the then most recent valuation date for such Plan. 

“Unrestricted Subsidiary” means (a) any Subsidiary designated by the Board of Managers of the Borrower as an
Unrestricted Subsidiary pursuant to Section 5.13 subsequent to the date hereof and (b) any Subsidiary of an Unrestricted Subsidiary; provided, that neither the MLP nor the MLP GP may be an Unrestricted Subsidiary. 

  
 18 

 “Voting Stock” means capital stock issued by a corporation, or equivalent
interests in any other Person, the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even if the right so to vote has been
suspended by the happening of such a contingency. 
 “Withholding Agent” means the Borrower, the Parent and the Agent. 

“Write-Down and Conversion Powers” means, with respect to any EEA Resolution Authority, the write-down and conversion powers
of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule. 

SECTION 1.02. Computation of Time Periods. In this Agreement in the computation of periods of time from a specified date to a later
specified date, the word “from” means “from and including” and the words “to” and “until” each mean “to but excluding”. 

SECTION 1.03. Accounting Terms. Except as otherwise expressly provided herein, all terms of an accounting or financial nature shall be
construed in accordance with GAAP, as in effect from time to time; provided that, if the Borrower notifies the Agent that the Borrower requests an amendment to be applied on a basis consistent (except for changes concurred in by the
Borrower’s independent public accountants) with the most recent audited consolidated financial statements of the Borrower and its Restricted Subsidiaries delivered to the Lenders any provision hereof to eliminate the effect of any change
occurring after the date hereof in GAAP or in the application thereof on the operation of such provision, or if the Agent notifies the Borrower that the Required Lenders request an amendment to any provision hereof for such purpose, regardless of
whether any such notice is given before or after such change in GAAP or in the application thereof, then such provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective
until such notice shall have been withdrawn or such provision shall have been amended in accordance herewith. Notwithstanding any other provision contained herein, all terms of an accounting or financial nature used herein shall be construed, and
all computations of amounts and ratios referred to herein shall be made, without giving effect to any election under Financial Accounting Standards Board Accounting Standards Codification 825 (or any other Financial Accounting Standard having a
similar result or effect) to value any Indebtedness or other liabilities of Parent, the Borrower or any Subsidiary at “fair value”, as defined therein. 

SECTION 1.04. Terms Generally. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and
neuter forms. The words “include”, “includes” and “including” shall be deemed to be followed by the phrase “without limitation”. The word “will” shall be construed to have the same meaning and effect
as the word “shall”. Unless the context requires otherwise (a) any definition of or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as
from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth 

  
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herein), (b) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (c) the words “herein”, “hereof” and
“hereunder”, and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (d) all references herein to Articles, Sections, Exhibits and Schedules shall be
construed to refer to Articles and Sections of, and Exhibits and Schedules to, this Agreement, (e) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible
and intangible assets and properties, including cash, securities, accounts and contract rights and (f) references to any statute or regulatory provision shall include all statutory and regulatory provisions consolidating, amending, replacing,
supplementing or interpreting such statute or regulatory provision. 
 ARTICLE II 

REVOLVING ADVANCES AND TERM ADVANCES 

SECTION 2.01. The Advances. 

(a) Each Lender severally agrees, on the terms and conditions hereinafter set forth, to make one or more loans (each, a “Revolving
Advance”) to the Borrower from time to time on any Business Day during the period from the Effective Date until the Revolving Credit Termination Date in an aggregate amount not to exceed at any time outstanding the amount set forth opposite
such Lender’s name on Schedule 2.01 or, if such Lender has entered into any Assignment and Acceptance, set forth for such Lender in the Register maintained by the Agent pursuant to Section 8.07(d), as such amount may be reduced
pursuant to Section 2.05 (such Lender’s “Commitment”). Each Borrowing of Revolving Advances shall be in the aggregate amount of $10,000,000 or an integral multiple of $1,000,000 in excess thereof and shall consist of
Revolving Advances of the same Type made on the same day by the Lenders ratably according to their respective Commitments. Within the limits of each Lender’s Commitment, the Borrower may borrow under this Section 2.01, prepay pursuant to
Section 2.10 and reborrow under this Section 2.01. The aggregate amount of the Commitments on the Effective Date is $2,000,000,000. 

(b) As of the Revolving Credit Termination Date, the Borrower shall have the option to convert (the “Term Conversion”) all
outstanding Revolving Advances to term loans (each, a “Term Advance”) in the same principal amount outstanding as the Revolving Advances outstanding as of the Revolving Credit Termination Date (the date on which the Term Conversion
occurs being referred to herein as the “Term Conversion Date”); provided, however, that any such conversion shall not be effective unless the following conditions are satisfied: (i) the Borrower shall have
provided to the Agent a Notice of Borrowing with respect to the Term Conversion at least ten Business Days prior to the Term Conversion Date; and (ii) the Borrower shall have paid all fees and expenses then due hereunder, including the Term
Conversion Fee, for the ratable account of the Lenders. Term Advances may be Base Rate Advances or Eurodollar Rate Advances, as further provided herein. The Term Advances may be prepaid in whole or in part prior the Termination Date without penalty
or premium (subject to Section 2.11). Once repaid or prepaid, Term Advances may not be reborrowed. 

  
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 SECTION 2.02. Making the Advances. 

(a) Notice of Borrowing in respect of Revolving Advances. Each Borrowing of Revolving Advances pursuant to Section 2.01(a)
shall be made on notice pursuant to a Notice of Borrowing, given not later than 12:00 P.M. (New York City time) on the third Business Day prior to the date of the proposed Borrowing in the case of a Borrowing consisting of Eurodollar Rate Advances,
or on the date of the proposed Borrowing in the case of a Borrowing consisting of Base Rate Advances, by the Borrower to the Agent, which shall give to each Lender prompt notice thereof. Each Notice of Borrowing in respect of Revolving Advances
shall specify the requested (i) date of such Borrowing, (ii) Type of Revolving Advances comprising such Borrowing, (iii) aggregate amount of such Borrowing, and (iv) in the case of a Borrowing consisting of Eurodollar Rate
Advances, initial Interest Period for each such Revolving Advance. Each Lender shall, before 2:00 P.M. (New York City time) on the date of such Borrowing, make available for the account of its Applicable Lending Office to the Agent at the
Agent’s Account, in same day funds, such Lender’s Pro Rata Share of such Borrowing. After the Agent’s receipt of such funds and upon fulfillment of the applicable conditions set forth in Article III, the Agent will make such
funds available to the Borrower at the Agent’s address referred to in Section 8.02. 
 (b) Certain Limitations in
respect of all Eurodollar Advances. Anything in this Agreement to the contrary notwithstanding, (i) the Borrower may not select Eurodollar Rate Advances for any Borrowing if the obligation of the Lenders to make Eurodollar Rate Advances
shall then be suspended pursuant to Section 2.07 or 2.13, and (ii) the Eurodollar Rate Advances may not be outstanding as part of more than ten separate Borrowings. 

(c) Indemnity for Failure to Satisfy Conditions. Each Notice of Borrowing shall be irrevocable and binding on the Borrower. In the case
of any Borrowing that the related Notice of Borrowing specifies is to be comprised of Eurodollar Rate Advances, the Borrower shall indemnify each Lender against any loss, cost or expense incurred by such Lender as a result of any failure to fulfill
on or before the date specified in such Notice of Borrowing for such Borrowing the applicable conditions to such Borrowing, including, without limitation, any loss (other than loss of anticipated profits), cost or expense incurred by such Lender by
reason of the liquidation or reemployment of deposits or other funds acquired by such Lender to fund the Advance to be made by such Lender as part of such Borrowing when such Advance, as a result of such failure, is not made on such date. 

(d) Agent’s Right to Reimbursement with Interest. Unless the Agent shall have received notice from a Lender prior to the time of
any Borrowing that such Lender will not make available to the Agent such Lender’s Pro Rata Share of such Borrowing, the Agent may assume that such Lender has made such Pro Rata Share available to the Agent on the date of such Borrowing in
accordance with Section 2.02(a) and the Agent may, in reliance upon such assumption, make available to the Borrower on such date a corresponding amount. If and to the extent that such Lender shall not have so made such Pro Rata Share
available to the Agent, such Lender and the Borrower severally agree to repay to the Agent forthwith on demand such corresponding amount together with interest thereon, for each day from the date such amount is made available by the Agent to the
Borrower until the date such amount is repaid to the Agent, at (i) in the case of the Borrower, the interest rate applicable at the time to Advances comprising 

  
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such Borrowing and (ii) in the case of such Lender, the Federal Funds Rate. If such Lender shall repay to the Agent such corresponding amount, such amount so repaid shall constitute such
Lender’s Advance as part of such Borrowing for purposes of this Agreement. Nothing herein shall be deemed to relieve any Lender from its obligation to fulfill its Commitment or to prejudice any rights which the Agent or the Borrower may have
against any Lender as a result of a default hereunder by such Lender. 
 (e) Each Lender Individually Responsible. The failure of any
Lender to make the Advance to be made by it as part of any Borrowing shall not relieve any other Lender of its obligation, if any, hereunder to make its Advance on the date of such Borrowing, but no Lender shall be responsible for the failure of any
other Lender to make the Advance to be made by such other Lender on the date of any Borrowing. 
 SECTION 2.03. [Intentionally
Omitted]. 
 SECTION 2.04. Fees. 

(a) Facility Fee. The Borrower agrees to pay to the Agent for the account of each Lender a facility fee (i) prior to the
occurrence of the Term Conversion, on the average daily amount of such Lender’s Commitment (whether used or unused) from the Effective Date in the case of each Initial Lender, and from the later of the Effective Date and the date it became a
Lender in the case of each other Lender, until the earlier of the date such Lender ceases to be a Lender under this Agreement and the Revolving Credit Termination Date, and (ii) from and after the occurrence of the Term Conversion, on the
average daily amount of the Term Advances owed by Borrower to such Lender from the later of the Term Conversion Date and the date it became a Lender, until the earlier of the date such Lender ceases to be a Lender under this Agreement and the
Termination Date, in each case of the above clauses (i) and (ii), at a rate per annum equal to the Applicable Percentage in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December,
commencing December 31, 2016, and on the Termination Date. 
 (b) Term Conversion Fee. If the Borrower exercises its option to
consummate the Term Conversion pursuant to Section 2.01(b), then on the Term Conversion Date, the Borrower shall pay to the Administrative Agent, for the ratable account of each Lender, an amount (the “Term Conversion
Fee”) equal to the product of (i) 1.00% multiplied by (ii) the aggregate outstanding principal amount of the Revolving Advances that are being converted to Term Advances as of such date. 

(c) Agent’s Fees. The Borrower shall pay to the Agent for its own account the fees specified in the Agent Fee Letter. 

SECTION 2.05. Termination or Reduction of Commitments. 

(a) Termination Date. Unless previously terminated (including, without limitation, pursuant to Section 2.09(c)), the
Commitments shall terminate on the Revolving Credit Termination Date. 

  
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 (b) Optional Termination or Reduction. The Borrower may at any time terminate, or from
time to time reduce, the Commitments; provided that (i) each reduction of the Commitments shall be in an amount that is at least $10,000,000 and integral multiples of $1,000,000 in excess thereof and (ii) the Borrower shall not
terminate or reduce the Commitments if, after giving effect to any concurrent prepayment of the Revolving Advances in accordance with Section 2.10, the aggregate outstanding principal amount of Revolving Advances would exceed the
aggregate Commitments. 
 (c) Notice of Termination or Reduction. The Borrower shall notify the Agent of any election to terminate or
reduce the Commitments under Section 2.05(b) at least three Business Days prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any notice,
the Agent shall advise the Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section 2.05(c) shall be irrevocable; provided that a notice of termination of the Commitments delivered by the
Borrower may state that such notice is conditioned upon the occurrence of one or more events, including, without limitation, the consummation of the Proposed Merger or the effectiveness of other credit facilities, in which case such notice may be
revoked by the Borrower (by notice to the Agent on or prior to the specified effective date) if such condition is not satisfied. Any termination or reduction of the Commitments shall be permanent. Each reduction of the Commitments shall be made
ratably (based upon their Pro Rata Shares) among the Lenders in accordance with their respective Commitments. 
 SECTION 2.06. Interest
on Advances. 
 (a) Scheduled Interest. The Borrower shall pay interest on the unpaid principal amount of each Advance owing to
each Lender from the date of such Advance until such principal amount shall be paid in full, at the following rates per annum: 

(i) Base Rate Advances. During such periods as such Advance is a Base Rate Advance, a rate per annum equal at all times
to the sum of (x) the Base Rate in effect from time to time plus (y) the Applicable Margin in effect from time to time, payable in arrears quarterly on the last day of each March, June, September and December during such periods and
on the date such Base Rate Advance shall be Converted or paid in full. 
 (ii) Eurodollar Rate Advances. During such
periods as such Advance is a Eurodollar Rate Advance, a rate per annum equal at all times during each Interest Period for such Advance to the sum of (x) the Eurodollar Rate for such Interest Period for such Advance plus (y) the
Applicable Margin in effect from time to time, payable in arrears on the last day of such Interest Period and, if such Interest Period has a duration of more than three months, on each day that occurs during such Interest Period every three months
from the first day of such Interest Period, and on the date such Eurodollar Rate Advance shall be Converted or paid in full. 
 (b)
Default Interest. Notwithstanding the foregoing, if any principal of or interest on any Advance or any fee or other amount payable by the Borrower hereunder is not paid when due, whether at stated maturity, upon acceleration or otherwise,
such overdue amount shall bear interest, after as well as before judgment, payable on demand, for each day from and 

  
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including the date payment thereof was due to but excluding the date of actual payment, at a rate per annum equal to (i) in the case of overdue principal of any Advance, 2% plus the
rate otherwise applicable to such Advance as provided in Section 2.06(a) or (ii) in the case of any overdue interest, fees and other amounts, 2% plus the rate applicable to Base Rate Advances as provided in clause
(a)(i) of this Section. 
 (c) Notice of Interest Period and Interest Rate. Promptly after receipt of a Notice of Borrowing
pursuant to Section 2.02(a), a notice of Conversion pursuant to Section 2.08 or a notice of selection of an Interest Period pursuant to the terms of the definition of “Interest Period,” the Agent shall give notice
to the Borrower and Lenders of the applicable Interest Period and the applicable interest rate determined by the Agent for purposes of clause (a)(i) or (a)(ii) above. 

SECTION 2.07. Interest Rate Determination. 

(a) Eurodollar Rate Inadequate. If, with respect to any Eurodollar Rate Advances, the Super-Majority Lenders notify the Agent that the
Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Super-Majority Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, the Agent shall
forthwith so notify the Borrower and the Lenders, whereupon (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Advance, and (ii) the obligation of
the Lenders to make, or to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Agent shall notify the Borrower and the Lenders that the circumstances causing such suspension no longer exist. 

(b) Failure of Borrower to Select Type or Interest Period. If the Borrower fails to specify a Type of Advance in a Notice of Borrowing,
or if the Borrower fails to give a timely notice requesting a Conversion or continuation of any Eurodollar Rate Advance, then the applicable Advances shall be made as, or Converted to, Base Rate Advances. Any such automatic Conversion to Base Rate
Advances shall be effective as of the last day of the Interest Period then in effect with respect to the applicable Eurodollar Rate Advance. If the Borrower shall fail to select the duration of any Interest Period for any Eurodollar Rate Advances in
accordance with the provisions contained in the definition of “Interest Period” in Section 1.01, the Agent will forthwith so notify the Borrower and the Lenders and such Advances will automatically, on the last day of the then
existing Interest Period therefor, be deemed to be Eurodollar Rate Advances with a one-month Interest Period. 
 (c) Conversion Due to
Event of Default. Upon the occurrence and during the continuance of any Event of Default, (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Advance
and (ii) the obligation of the Lenders to make, or to Convert Advances into, Eurodollar Rate Advances shall be suspended. 
 SECTION
2.08. Optional Conversion of Advances. The Borrower may on any Business Day, upon notice given to the Agent not later than 12:00 P.M. (New York City time) on the third Business Day prior to the date of the proposed Conversion for Conversions
into 

  
 24 

 
Eurodollar Rate Advances and on the date of the proposed Conversion for conversions into Base Rate Advances and subject to the provisions of Sections 2.07 and 2.13, Convert all
Advances of one Type comprising the same Borrowing into Advances of the other Type; provided, however, that any Conversion of Eurodollar Rate Advances into Base Rate Advances shall be made only on the last day of an Interest Period for
such Eurodollar Rate Advances, any Conversion of Base Rate Advances into Eurodollar Rate Advances shall be in an amount not less than the minimum amount specified in Section 2.01, and no Conversion of any Advances shall result in more
separate Borrowings than permitted under Section 2.02(b). Each such notice of a Conversion shall, within the restrictions specified above, specify (i) the date of such Conversion, (ii) the Advances to be Converted, and
(iii) if such Conversion is into Eurodollar Rate Advances, the duration of the initial Interest Period for each such Eurodollar Rate Advance. Each notice of Conversion shall be irrevocable and binding on the Borrower. 

SECTION 2.09. Mandatory Payments and Prepayments of Advances. 

(a) Termination Date. On the Termination Date, the Borrower shall repay to the Agent for the ratable account of the Lenders the
aggregate principal amount of all Advances then outstanding, together with accrued interest thereon to the date of payment. 
 (b)
Outstanding Advances in Excess of Commitments. At any time that the aggregate principal amount of Revolving Advances outstanding exceeds the aggregate Commitments (an “Excess”), the Borrower shall immediately prepay to the
Agent for the ratable account of the Lenders, in whole or in part, a principal amount of Revolving Advances comprising part of the same Borrowing(s) selected by the Borrower that will eliminate the Excess, together with accrued interest to the date
of such prepayment on the principal amount prepaid; provided, however, that in the event of any such prepayment of a Eurodollar Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to
Section 2.11. 
 (c) Change of Control. Upon the occurrence of any merger, Acquisition, consolidation or similar
transaction resulting in a Change of Control, on the date of the occurrence of such Change of Control (i) the Commitments under this Agreement shall terminate and (ii) the Borrower shall repay all Advances then outstanding, together with
accrued interest thereon to the date of payment. Notwithstanding anything herein to the contrary, the consummation of the Proposed Merger shall constitute a Change of Control. 

SECTION 2.10. Optional Prepayments of Advances. The Borrower may, upon at least two Business Days’ notice (in the case of
Eurodollar Rate Advances) or upon notice (in the case of Base Rate Advances) given on the date of such prepayment, in each case received not later than 12:00 P.M. (New York City time) on such date to the Agent stating the proposed date and aggregate
principal amount of the prepayment, which notice shall be irrevocable, and if such notice is given the Borrower shall, prepay for the ratable account of the Lenders, in whole or in part, the outstanding principal amount of the Advances comprising
part of the same Borrowing(s), together with accrued interest to the date of such prepayment on the principal amount prepaid; provided, that a notice of prepayment of all outstanding Advances may state that such notice is conditioned upon the
occurrence of one or more events, including, without limitation, the consummation of the Proposed Merger or the effectiveness of other credit 

  
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facilities, in which case such notice may be revoked by the Borrower (by notice to the Agent on or prior to the specified effective date) if such condition is not satisfied; provided
further, however, that (x) each partial prepayment shall be in an aggregate principal amount of $5,000,000 or an integral multiple of $1,000,000 in excess thereof and (y) in the event of any such prepayment of a Eurodollar
Rate Advance, the Borrower shall be obligated to reimburse the Lenders in respect thereof pursuant to Section 2.11. 
 SECTION
2.11. Funding Losses. If the Borrower makes any payment of principal with respect to any Eurodollar Rate Advance or any Eurodollar Rate Advance is Converted to a Base Rate Advance or continued as a Eurodollar Rate Advance for a new Interest
Period (pursuant to Article II or VI or otherwise) on any day other than the last day of an Interest Period applicable thereto, or if the Borrower fails (for a reason other than the failure of a Lender to make an Advance) to borrow,
prepay (except as otherwise permitted hereunder), Convert or continue any Eurodollar Rate Advance after notice has been given to any Lender in accordance with Section 2.02(a), 2.08 or 2.10 or pursuant to the terms of the
definition of “Interest Period,” the Borrower shall reimburse each Lender within 15 days after demand for any resulting loss or expense incurred by it (or by an existing or prospective participant in the related Advance), including
(without limitation) any actual loss incurred in obtaining, liquidating or employing deposits from third parties, but excluding loss of anticipated profits and margin for the period after any such payment or Conversion or failure to borrow, prepay,
Convert or continue; provided that such Lender shall have delivered to the Borrower a certificate setting forth in reasonable detail the calculation of the amount of such loss or expense, which certificate shall be conclusive in the absence
of manifest error. 
 SECTION 2.12. Increased Costs. 

(a) General. If, due to any Change in Law, there shall be any increase in the cost to any Lender of agreeing to make or making, funding
or maintaining Eurodollar Rate Advances (excluding for purposes of this Section 2.12 any such increased costs resulting from (i) Taxes or Other Taxes (as to which Section 2.15 shall govern) and (ii) changes in the
basis of taxation of any taxes described in Section 2.15(a)(i) or (ii)), then the Borrower shall from time to time, upon written notice and written demand by such Lender (with a copy of such demand to the Agent), pay to the Agent
for the account of such Lender additional amounts sufficient to compensate such Lender for such increased cost, such increased cost to be determined by such Lender using its customary methods therefor (and, if such Lender uses from time to time more
than one such method, the method chosen for application hereunder shall be that method which most accurately determines such increased cost); provided that no such amount shall be payable with respect to any period commencing more than 150
days prior to the date such Lender first notifies the Borrower of its intention to demand compensation hereunder. A certificate as to the amount of such increased cost (demonstrating in reasonable detail, the calculations used by such Lender to
determine such estimated increased cost), submitted to the Borrower and the Agent by such Lender, shall be conclusive and binding for all purposes, absent manifest error. 

(b) Capital Adequacy. If any Lender reasonably determines that any Change in Law affecting such Lender or any corporation controlling
such Lender, if any, regarding capital or liquidity requirements has or would have the effect of reducing the rate of return on such Lender’s capital or the capital of any corporation controlling such Lender, if any, as a

  
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consequence of this Agreement, such Lender’s Commitment hereunder or the Advances made by such Lender, to a level below that which such Lender or any corporation controlling such Lender
could have achieved but for such Change in Law (taking into consideration such Lender’s policies and the policies of any corporation controlling such Lender with respect to capital or liquidity requirements) then, upon written notice and
written demand by such Lender (with a copy of such demand to the Agent), the Borrower shall pay to the Agent for the account of such Lender, from time to time, additional amounts sufficient to compensate such Lender or such corporation for any
reduction suffered in light of such circumstances; provided that no such amount shall be payable with respect to any period commencing more than 150 days prior to the date such Lender first notifies the Borrower of its intention to demand
compensation hereunder. A certificate as to such amounts (demonstrating in reasonable detail, the calculations used by such Lender to determine such estimated increased cost) submitted to the Borrower and the Agent by such Lender shall be conclusive
and binding for all purposes, absent manifest error. 
 SECTION 2.13. Illegality. Notwithstanding any other provision of this
Agreement, if any Lender shall notify the Agent that the introduction of or any change in or in the interpretation of any law or regulation makes it unlawful, or any central bank or other governmental authority asserts that it is unlawful, for any
Lender or its Eurodollar Lending Office to perform its obligations hereunder to make Eurodollar Rate Advances or to fund or maintain Eurodollar Rate Advances hereunder, (a) each Eurodollar Rate Advance of such Lender will automatically, upon
such demand, Convert into a Base Rate Advance, and (b) the obligation of such Lender to make or continue Eurodollar Rate Advances, or to Convert Advances into Eurodollar Rate Advances shall be suspended until the Agent shall notify the Borrower
and the Lenders that the circumstances causing such suspension no longer exist. 
 SECTION 2.14. Payments and Computations. 

(a) General Provisions. The Borrower shall make each payment hereunder and under the Notes, irrespective of any right of counterclaim
or set-off, not later than 2:00 P.M. (New York City time) on the day when due in dollars to the Agent at the Agent’s Account in same day funds. The Agent will promptly thereafter cause to be distributed like funds relating to the payment of
principal or interest or facility fees ratably, based upon the Lenders’ respective Pro Rata Shares (other than amounts payable pursuant to Section 2.02(c), 2.11, 2.12, 2.15 or 8.04(b)), to the Lenders for
the account of their respective Applicable Lending Offices, and like funds relating to the payment of any other amount payable to any Lender to such Lender for the account of its Applicable Lending Office, in each case to be applied in accordance
with the terms of this Agreement. Upon its acceptance of an Assignment and Acceptance and recording of the information contained therein in the Register pursuant to Section 8.07(c), from and after the effective date specified in such
Assignment and Acceptance, the Agent shall make all payments hereunder and under the Notes in respect of the interest assigned thereby to the Lender assignor thereunder for amounts that have accrued to but excluding the effective date of such
assignment, and to the Lender assignee for amounts that have accrued from and after the effective date of such assignment. 
 (b) Basis
of Calculation. All computations of interest based on the Base Rate at times when the Base Rate is based on the Prime Rate shall be made by the Agent on the basis of a year of 365 or 366 days, as the case may be, and all other computations of
interest and fees 

  
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shall be made by the Agent on the basis of a year of 360 days, in each case for the actual number of days (including the first day but excluding the last day) occurring in the period for which
such interest or fees are payable. Each determination by the Agent of an interest rate hereunder shall be conclusive and binding for all purposes, absent manifest error. 

(c) Payments Due on Non-Business Days. Whenever any payment hereunder or under the Notes shall be stated to be due on a day other than
a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall in such case be included in the computation of payment of interest or facility fee, as the case may be; provided, however,
that, if such extension would cause (i) any payment to be made after the Termination Date or (ii) payment of interest on or principal of Eurodollar Rate Advances to be made in the next following calendar month, such payment shall be made
on the next preceding Business Day. 
 (d) Agent Entitled to Assume Payments Made. Unless the Agent shall have received notice from
the Borrower prior to the date on which any payment is due to the Lenders hereunder that the Borrower will not make such payment in full, the Agent may assume that the Borrower has made such payment in full to the Agent on such date and the Agent
may, in reliance upon such assumption, cause to be distributed to each Lender on such due date an amount equal to the amount then due such Lender. If and to the extent that the Borrower shall not have so made such payment in full to the Agent, each
Lender shall repay to the Agent forthwith on demand such amount distributed to such Lender together with interest thereon, for each day from the date such amount is distributed to such Lender until the date such Lender repays such amount to the
Agent, at the Federal Funds Rate. 
 (e) Order of Application. If at any time insufficient funds are received by and available to the
Agent to pay fully all amounts of principal, interest and fees then due hereunder, such funds shall be applied (i) first, towards payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance
with the amounts of interest and fees then due to such parties, and (ii) second, towards payment of principal of the Advances then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal then
due to such parties. 
 (f) Application of Funds to Lender’s Obligations. If any Lender shall fail to make any payment required
to be made by it pursuant to Section 2.02(d) or 2.15(e), then the Agent may, in its discretion notwithstanding any contrary provision hereof, (i) apply any amounts thereafter received by it for the account of such Lender to
satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid, and/or (ii) hold such amounts in a segregated account over which the Agent shall have exclusive control as cash collateral for,
and application to, any future funding obligations of such Lender under any such Section, in the case of each of clause (i) and (ii) above, in any order as determined by the Agent in its discretion. 

  
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 SECTION 2.15. Taxes. 

(a) Any and all payments by or on account of any obligation of the Borrower or Parent to or for the account of any Lender, the Agent or any
other Person hereunder or under the Notes or any other documents to be delivered hereunder shall be made, in accordance with Section 2.14 or the applicable provisions of such other documents, free and clear of and without deduction for
any and all present or future taxes, levies, imposts, deductions, charges or withholdings, and all liabilities with respect thereto, excluding, in the case of each Lender, the Agent or such other Person, (i) taxes imposed on (or measured
by) its overall net income, net profits or net worth, and franchise or similar taxes, by the United States of America or by the jurisdiction under the laws of which such Lender, the Agent or such other Person (as the case may be) is organized or is
otherwise doing business, or any political subdivision thereof and, in the case of each Lender, taxes imposed on (or measured by), in whole or in part, its overall net income, net profits or net worth, and franchise or similar taxes, by the
jurisdiction of such Lender’s Applicable Lending Office or any political subdivision thereof (including, without limitation, any withholding of taxes described in this Section 2.15(a)(i) that is treated under applicable law as a
prepayment of taxes), (ii) any branch profits taxes imposed by the United States of America or any similar tax imposed by any other jurisdiction in which such Person is located, (iii) any taxes imposed as a result of such Person’s
willful misconduct, (iv) in the case of a Lender (other than an assignee pursuant to a request by the Borrower under Section 2.18(b)), any U.S. withholding tax that is imposed on amounts payable to such Lender by any law in effect
at the time such Lender becomes a party to this Agreement (or designates a new Applicable Lending Office), except to the extent that such Lender (or its assignor, if any) was entitled, at the time of designation of a new Applicable Lending Office
(or assignment), to receive additional amounts from the Borrower with respect to such withholding tax pursuant to this Section 2.15(a), (v) any U.S. federal withholding taxes imposed under FATCA, (vi) in the case of an Agent,
any U.S. withholding tax that is imposed on amounts payable to such Agent by any law in effect at the time such Agent becomes a party to this Agreement solely as a result of such Agent being organized under the laws of a jurisdiction other than the
United States, any State thereof or the District of Columbia, (vii) taxes attributable to its failure to comply with Section 2.15(f), (g), (i) or (j) and (viii) any interest, penalties or
additions to tax imposed on any taxes described in Sections 2.15(a)(i), (ii), (iii), (iv) or (v) (all such taxes, levies, imposts, deductions, charges or withholdings and liabilities with respect thereto
not excluded under Section 2.15(a)(i), (ii), (iii), (iv), (v), (vi), (vii) or (viii) in respect of payments hereunder or under the Notes or any other documents to be delivered
hereunder being hereinafter referred to as “Taxes”); provided that, if any applicable law (as determined in the good faith discretion of an applicable Withholding Agent) requires a Withholding Agent to deduct any taxes,
levies, imposts, deductions, charges or withholdings, or any liabilities with respect thereto, from or in respect of any sum payable by or on account of any obligation of the Borrower or the Parent hereunder or under any Note or any other documents
to be delivered hereunder to or for the account of any Lender or the Agent, (i) the applicable Withholding Agent shall be entitled to make such deduction and shall timely pay the full amount deducted to the relevant taxation authority or other
authority in accordance with applicable law and (ii) to the extent such deduction is for Taxes or Other Taxes (as hereinafter defined), the sum payable by the Borrower or the Parent (as the case may be) shall be increased as may be necessary so
that after making all required deductions (including deductions applicable to additional sums payable under this Section 2.15) such Lender or the Agent (as the case may be) receives an amount equal to the sum it would have received had no such
deductions for Taxes or Other Taxes been made. 

  
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 (b) In addition, the Borrower or Parent shall pay any present or future stamp or documentary
taxes or any other excise or property taxes, charges or similar levies that arise from any payment made hereunder or under the Notes or any other documents to be delivered hereunder or from the execution, delivery or registration of, performing
under, or otherwise with respect to, this Agreement or the Notes or any other documents to be delivered hereunder, excluding, however, such taxes imposed with respect to an assignment following the primary syndication (other than an
assignment that occurs as a result of the Borrower’s request pursuant to Section 2.18) that would not have been imposed but for a present or former connection between any Lender and the jurisdiction imposing such taxes (other than
solely on account of the execution, delivery or registration of, performing under, or otherwise with respect to, this Agreement or the Notes or any other documents to be delivered hereunder) (hereinafter referred to as “Other
Taxes”). 
 (c) The Borrower shall indemnify each Lender and the Agent for and hold it harmless against the full amount, without
duplication, of Taxes or Other Taxes (including, without limitation, Taxes of any kind imposed or asserted by any jurisdiction on amounts payable under this Section 2.15) imposed on or paid by such Lender or the Agent (as the case may
be) and any liability (including penalties and interest) arising therefrom or with respect thereto. This indemnification shall be made within 30 days from the date such Lender or the Agent (as the case may be) makes written demand therefor and
provides appropriate computational and, to the extent available, documentary support. 
 (d) As soon as practicable after any payment of
Taxes or Other Taxes pursuant to this Section 2.15, the Borrower shall furnish to the Agent, at its address referred to in Section 8.02, the original or a certified copy of a receipt evidencing such payment to the extent that
such a receipt is issued therefor, or other written proof of payment thereof that is reasonably satisfactory to the Agent. 
 (e) Each
Lender shall severally indemnify the Agent, within 10 days after demand therefor, for any taxes, levies, imposts, deductions, charges or withholdings imposed by any governmental authority that are attributable to such Lender or to such Lender’s
failure to comply with the provisions of Section 8.07(e) (relating to the maintenance of a Participant Register) and that are payable or paid by the Agent in connection with this Agreement or any Note or any other documents to be
delivered hereunder, and any penalties, interest and reasonable expenses arising therefrom or with respect thereto (but only to the extent that the Borrower and Parent have not already indemnified the Agent for such taxes and other liabilities and
without limiting the obligation of the Borrower or Parent to do so), whether or not such taxes or other liabilities were correctly or legally imposed or asserted by the relevant governmental authority. A certificate as to the amount of such payment
or liability delivered to any Lender by the Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Agent to set off and apply any and all amounts at any time owing to such Lender under this Agreement or any Note or any
other documents to be delivered hereunder or otherwise payable by the Agent to the Lender from any other source against any amount due to the Agent under this paragraph (e). 

(f) Any Lender that is entitled to an exemption from or reduction of withholding tax with respect to payments made hereunder or under the
Notes or any other documents to be delivered hereunder shall deliver to the Borrower and the Agent, at the time or times reasonably requested by the Borrower or the Agent, such properly completed and executed documentation reasonably requested by
the Borrower or the Agent as will permit such payments 

  
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to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Agent, shall deliver such other documentation
prescribed by applicable law or reasonably requested by the Borrower or the Agent as will enable the Borrower or the Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements.
Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Sections 2.15(g), (h) and (i) below)
shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such
Lender. 
 (g) Each Lender that is not a United States Person, as defined in Section 7701(a)(30) of the Internal Revenue Code (a
“Foreign Lender”), shall, to the extent it is legally entitled to do so, on or prior to the date of its execution and delivery of this Agreement in the case of each Initial Lender and on the date it becomes a Lender under this
Agreement in the case of each other Lender, and from time to time thereafter as reasonably requested in writing by the Borrower or the Agent (but only so long as such Lender remains lawfully able to do so), provide each of the Agent and the Borrower
with (i) two duly completed and properly executed originals of United States Internal Revenue Service Forms W-8BEN, W-8BEN-E or W-8ECI or any applicable successor form, as the case may be, certifying that such Foreign Lender is exempt from or
entitled to a reduced rate of United States withholding tax on payments pursuant to this Agreement or the Notes, (ii) in the case of a Foreign Lender claiming exemption from United States federal withholding tax under Section 881(c) of the
Internal Revenue Code with respect to payments of “portfolio interest,” a statement substantially in the form of Exhibit D-1 and two duly completed and properly executed originals of United States Internal Revenue Service Form
W-8BEN or W-8BEN-E, or any applicable successor form, or (iii) to the extent such Foreign Lender is not the beneficial owner, two duly completed and properly executed originals of United States Internal Revenue Service Form W-8IMY, accompanied
by United States Internal Revenue Service Forms W-8ECI, W-8BEN, W-8BEN-E or W-9, a statement substantially in the form of Exhibit D-3 or D-4, and/or other certification documents from each beneficial owner, as applicable;
provided that if such Foreign Lender is a partnership and one or more direct or indirect partners of such Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a statement substantially in the form of
Exhibit D-2 on behalf of each such direct and indirect partner. 
 (h) If a payment made to a Lender hereunder or under the Notes or
any other documents to be delivered hereunder would be subject to U.S. federal withholding tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in
Section 1471(b) or 1472(b) of the Internal Revenue Code, as applicable), such Lender shall deliver to the Borrower and the Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Agent
such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such additional documentation reasonably requested by the Borrower or the Agent as may be necessary for the
Borrower and the Agent to comply with their obligations under FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for
purposes of this paragraph (h), “FATCA” shall include any amendments made to FATCA after the date of this Agreement. 

  
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 (i) Each Lender and Agent that is a United States Person, as defined in Section 7701(a)(30)
of the Internal Revenue Code (other than persons that are corporations or otherwise exempt from United States backup withholding tax), shall deliver at the time(s) and in the manner(s) prescribed by applicable law, to each of the Borrower and the
Agent (as applicable) two original properly completed and duly executed United States Internal Revenue Service Forms W-9 or any successor form, certifying that such Person is exempt from United States backup withholding tax on payments made
hereunder. 
 (j) Each Lender agrees that if any form or certification it previously delivered pursuant to Section 2.15(f),
(g), (h) or (i) expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Agent in writing of its legal inability to do so. 

(k) For the avoidance of doubt, for any period with respect to which a Lender has failed to provide the Borrower with the appropriate form,
certificate or other document described in Section 2.15(g) or (i) (other than if such failure is due to a change in law occurring subsequent to the date on which a form, certificate or other document originally was
required to be provided, or if such form, certificate or other document otherwise is not required under Section 2.15(g) or (i)), such Lender shall not be entitled to increased payments or indemnification under
Section 2.15(a) or (c) with respect to Taxes or Other Taxes imposed by reason of such failure; provided, however, that the Borrower shall take such steps as the Lender shall reasonably request (at the sole
expense of such Lender) to assist the Lender to recover such Taxes or Other Taxes (it being understood, however, that the Borrower shall have no liability to such Lender in respect of such Taxes or Other Taxes). 

(l) If any party determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes or Other Taxes as to
which it has been indemnified pursuant to this Section 2.15 (including by the payment of additional amounts pursuant to this Section 2.15), it shall pay to the indemnifying party an amount equal to such refund (but only to
the extent of indemnity payments made by such indemnifying party under this Section with respect to the Taxes or Other Taxes giving rise to such refund), net of all out-of-pocket expenses (including taxes) of such indemnified party and without
interest (other than any interest paid by the relevant governmental authority with respect to such refund). Such indemnifying party, upon the request of such indemnified party, shall repay to such indemnified party the amount paid over pursuant to
this paragraph (l) (plus any penalties, interest or other charges imposed by the relevant governmental authority) in the event that such indemnified party is required to repay such refund to such governmental authority. Notwithstanding
anything to the contrary in this paragraph (l), in no event will the indemnified party be required to pay any amount to an indemnifying party pursuant to this paragraph (l) the payment of which would place the indemnified party in
a less favorable net after-tax position than the indemnified party would have been in if the Tax or Other Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification
payments or additional amounts with respect to such Tax or Other Tax had never been paid. 

  
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 (m) For purposes of this Section 2.15, the term “applicable law” includes
FATCA. 
 (n) For purposes of determining withholding taxes imposed under FATCA, the Borrower, Parent and the Agent shall treat (and the
Lenders hereby authorize the Borrower, Parent and the Agent to treat) this Agreement and any Advance as not qualifying as a “grandfathered obligation” within the meaning of Treasury Regulation Section 1.1471-2(b)(2)(i). 

Nothing contained in this Section 2.15 shall require any Lender or the Agent to make available its tax returns (or any other information relating
to its taxes which it deems to be confidential). 
 SECTION 2.16. Sharing of Payments, Etc. If any Lender shall, by exercising any
right of set off or counterclaim or otherwise, obtain payment in respect of any principal of or interest on any of its Advances resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its Advances and accrued
interest thereon than the proportion received by any other Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the Advances of other Lenders to the extent necessary so that the benefit
of all such payments shall be shared by the Lenders ratably in accordance with the aggregate amount of principal of and accrued interest on their respective Advances; provided that (i) if any such participations are purchased and all or
any portion of the payment giving rise thereto is recovered, such participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this Section 2.16 shall
not be construed to apply to any payment made by the Borrower pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its
Advances to any assignee or participant, other than to the Borrower or any Subsidiary or Affiliate thereof (as to which the provisions of this Section 2.16 shall apply). The Borrower consents to the foregoing and agrees, to the extent it
may effectively do so under applicable law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of set off and counterclaim with respect to such participation as fully as if such
Lender were a direct creditor of the Borrower in the amount of such participation. 
 SECTION 2.17. Notes. The Borrower agrees that
upon notice by any Lender to the Borrower (with a copy of such notice to the Agent) to the effect that a promissory note or other evidence of indebtedness is required or appropriate in order for such Lender to evidence (whether for purposes of
pledge, enforcement or otherwise) the Advances owing to, or to be made by, such Lender, the Borrower shall promptly execute and deliver to such Lender, with a copy to the Agent, (i) in respect of Revolving Advances, a Revolving Advance Note in
substantially the form of Exhibit A-1 hereto, payable to such Lender in a principal amount equal to the Commitment of such Lender and (ii) in respect of Term Advances, a Term Advance Note in substantially the form of Exhibit A-2,
payable to such Lender in a principal amount equal to the Term Advances owing to such Lender. 

  
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 SECTION 2.18. Mitigation Obligations; Replacement of Lenders. 

(a) Mitigation. If any Lender requests compensation under Section 2.12, or if the Borrower is required to pay any
additional amount to any Lender or any governmental authority for the account of any Lender pursuant to Section 2.15, then such Lender shall use reasonable efforts to designate a different lending office for funding or booking its
Advances hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the good faith judgment of such Lender, such designation or assignment (i) would eliminate or reduce amounts payable
pursuant to Section 2.12 or 2.15, as the case may be, in the future and (ii) would not subject such Lender to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby
agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 
 (b)
Replacement of Lender. If (i) any Lender requests, or provides notice to the Borrower that it intends to request, compensation under Section 2.12, (ii) the Borrower is required to pay any additional amount to any Lender
or any governmental authority for the account of any Lender pursuant to Section 2.15, (iii) any Lender becomes a Defaulting Lender or (iv) any Lender becomes a Non-Consenting Lender, then the Borrower may, at its sole expense
and effort, upon notice to such Lender and the Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 8.07), all its interests, rights and obligations
under this Agreement to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (A) the Borrower shall have received the prior written consent of the
Agent, which consent, in each case, shall not unreasonably be withheld or delayed, (B) such Lender shall have received payment of an amount equal to the outstanding principal amount of its Advances, accrued interest thereon, accrued fees and
all other amounts payable to it hereunder, from the assignee (to the extent of such outstanding principal, funded participations and accrued interest and fees) or the Borrower (in the case of all other amounts), (C) in the case of any such
assignment resulting from a claim for compensation under Section 2.12 or payments required to be made pursuant to Section 2.15, such assignment will result in a material reduction in such compensation or payments and
(D) in the case of any such assignment resulting from the status of such Lender as a Non-Consenting Lender, such assignment, together with any assignments by other Non-Consenting Lenders, will enable the Borrower to obtain sufficient consents
to cause the applicable amendment, modification or waiver to become effective. A Lender shall not be required to make any such assignment and delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances
entitling the Borrower to require such assignment and delegation cease to apply. 
 SECTION 2.19. Defaulting Lenders. Notwithstanding
any provision of this Agreement to the contrary, if any Lender becomes a Defaulting Lender, then the following provisions shall apply for so long as such Lender is a Defaulting Lender: 

(a) fees shall cease to accrue on the Commitment or Advances of such Defaulting Lender pursuant to Section 2.04(a); and 

(b) the unpaid principal amount of Advances of such Defaulting Lender shall not be included in determining whether the Required Lenders or the
Super-Majority Lenders have taken or may take any action hereunder (including any consent to any amendment, waiver or other modification pursuant to Section 8.01); provided, that this clause (b) shall not apply to the vote of
a Defaulting Lender in the case of an amendment, waiver or other modification described in Section 8.01 for which the consent of such Lender or each Lender directly and adversely affected thereby is required. 

  
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 In the event that the Agent and the Borrower each agree that a Defaulting Lender has adequately
remedied all matters that caused such Lender to be a Defaulting Lender, then on such date such Lender shall purchase at par such of the Advances of the other Lenders as the Agent shall determine may be necessary in order for such Lender to hold such
Advances in accordance with its Pro Rata Share, whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the Borrower
while such Lender was a Defaulting Lender; and provided further that no change hereunder from Defaulting Lender to Lender will constitute a waiver or release of any claim the Borrower, the Agent or any other Lender may have arising
from such Lender’s having been a Defaulting Lender. 
 ARTICLE III 

CONDITIONS TO EFFECTIVENESS AND LENDING 

SECTION 3.01. Conditions Precedent to Effectiveness. This Agreement shall become effective on and as of the first date (the
“Effective Date”) on which the following conditions precedent have been satisfied. 
 (a) The Agent shall have received on
or before the Effective Date the following, each dated such day, in form and substance reasonably satisfactory to the Agent: 

(i) counterparts hereof signed by each of the parties hereto (or, in the case of any party as to which an executed counterpart
shall not have been received, receipt by the Agent of telegraphic, telecopy, electronic communication or other written confirmation from such party of execution of a counterpart hereof by such party); 

(ii) the Revolving Advance Notes payable to the Lenders, respectively, requesting same; 

(iii) (A) an opinion of the General Counsel of the Borrower and Parent, and (B) an opinion of Wachtell, Lipton,
Rosen & Katz, special counsel for the Borrower and Parent, each in a customary form reasonably satisfactory to the Agent; 

(iv) certified copies of the resolutions of (x) the Board of Managers of the Borrower approving this Agreement and the
Notes and (y) the Board of Directors of Parent approving this Agreement; 
 (v) a certificate signed by the Chief
Financial Officer or the Treasurer of the Borrower, dated the Effective Date, to the effects set forth in clauses (a) and (b) of Section 3.02; 

(vi) a certificate of the Secretary or an Assistant Secretary of each of the Borrower and Parent certifying the names and true
signatures of the officers of the Borrower and Parent authorized to sign this Agreement and the Notes, as applicable, and the other documents to be delivered hereunder; and 

  
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 (vii) all organizational documents and public officials’ certifications in
respect of the Borrower and the Parent that the Agent may have reasonably requested prior to the date hereof. 
 (b) The Agent and the Joint
Lead Arrangers shall have received all fees and other amounts due and payable to them on or prior to the Effective Date, in each case for which invoices have been presented to the Borrower at least two Business Days’ prior to the date hereof,
including reimbursement or payment of all reasonable and invoiced out-of-pocket fees, charges and expenses of a single counsel and of a single local counsel to the Agent and the Joint Lead Arrangers in each appropriate jurisdiction (which may
include a single special counsel acting in multiple jurisdictions) and such other counsel retained with the Borrower’s prior written consent (such consent not to be unreasonably withheld or delayed), required to be reimbursed or paid by the
Borrower hereunder. 
 (c) The Lenders shall have received, at least two Business Days prior to the date hereof, to the extent requested at
least five Business Days prior to the date hereof, all documentation and other information required by regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act.

 The Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall be conclusive and binding. 

SECTION 3.02. Conditions Precedent to Each Revolving Advance. The obligation of each Lender to make a Revolving Advance hereunder,
shall be subject to the conditions precedent that the Effective Date shall have occurred or shall occur simultaneously with such Revolving Advance and on the date such Revolving Advance is made the following statements shall be true (and the giving
of the applicable Notice of Borrowing and the acceptance by the Borrower of the proceeds of any such Revolving Advance, shall constitute a representation and warranty by the Borrower that, on the date such Revolving Advance is made, such statements
are true): 
 (a) the representations and warranties contained in Section 4.01 (except the representations set forth in
Section 4.01(d)(iii), Section 4.01(f) and Section 4.01(g) (provided that, in the case of Section 4.01(g), the exception shall apply solely with respect to Environmental Laws), each of which
shall be made only on and as of the Effective Date) are correct on and as of the Effective Date and are correct in all material respects (except for those representations and warranties qualified by “materiality,” “Material Adverse
Effect” or a like qualification, which shall be correct in all respects) on the date such Revolving Advance is made, before and after giving effect to such Revolving Advance and the application of the proceeds thereof, as though made on
and as of such date (except for those representations and warranties that specifically relate to a prior date, which shall have been correct on such prior date); and 

(b) no event has occurred and is continuing, or would result from such Revolving Advance or from the application of the proceeds therefrom
that constitutes a Default or an Event of Default. 

  
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 ARTICLE IV 

REPRESENTATIONS AND WARRANTIES 

SECTION 4.01. Representations and Warranties. Parent and the Borrower represent and warrant that: 

(a) Organization and Power. Each of Parent and the Borrower is duly organized, validly existing and in good standing under the laws of
Delaware and has all requisite powers and all material governmental licenses, authorizations, consents and approvals required to carry on its business as now conducted and is duly qualified to do business in each jurisdiction where such
qualification is required, except where the failure so to qualify would not have a Material Adverse Effect. 
 (b) Company and
Governmental Authorization; No Contravention. 
 (i) The execution, delivery and performance by the Borrower of this
Agreement and the Notes are within the Borrower’s limited liability company powers, have been duly authorized by all necessary limited liability company action, and do not (i) require any action by or in respect of, or filing with, any
governmental body, agency or official, (ii) contravene, or constitute a default under, any provision of applicable law or regulation or of the certificate of formation or limited liability company agreement of the Borrower,
(iii) contravene, or constitute a default under, any agreement, judgment, injunction, order, decree or other instrument binding upon the Borrower, except to the extent such contravention or default could not reasonably be expected to have a
Material Adverse Effect or (iv) result in the creation or imposition of any Lien on any asset of the Borrower or any of its Restricted Subsidiaries, other than any Lien that is required by this Agreement. 

(ii) The execution, delivery and performance by Parent of this Agreement are within Parent’s corporate powers, have been
duly authorized by all necessary corporate action, and do not (i) require any action by or in respect of, or filing with, any governmental body, agency or official, (ii) contravene, or constitute a default under, any provision of
applicable law or regulation or of the certificate of incorporation or bylaws of Parent, (iii) contravene, or constitute a default under, any agreement, judgment, injunction, order, decree or other instrument binding upon Parent, except to the
extent such contravention or default could not reasonably be expected to have a Material Adverse Effect or (iv) result in the creation or imposition of any Lien on any asset of Parent, the Borrower or any of its Restricted Subsidiaries, other
than any Lien that is required by this Agreement. 
 (c) Binding Effect. This Agreement constitutes a legal, valid and binding
agreement of the Borrower and Parent and each Note, if and when executed and delivered in accordance with this Agreement, will constitute a legal, valid and binding obligation of the Borrower, in each case enforceable in accordance with its terms,
except as the same may be limited by bankruptcy, insolvency or similar laws affecting creditors rights generally and by general principles of equity. 

  
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 (d) Financial Information. 

(i) The consolidated balance sheet of the Borrower and its consolidated Subsidiaries as of December 31, 2015 and the
related consolidated statements of operations, cash flows, equity and comprehensive income for the fiscal year then ended, reported on by Deloitte & Touche LLP, fairly present, in conformity with generally accepted accounting principles,
the consolidated financial position of the Borrower and its consolidated Subsidiaries as of such date and their consolidated results of operations and cash flows for such fiscal year. 

(ii) The unaudited consolidated balance sheets of the Borrower and its consolidated Subsidiaries as of March 31, 2016 and
June 30, 2016, and the related unaudited consolidated statements operations, cash flows, equity and comprehensive income for the three and six months then ended, respectively, fairly present, in conformity with GAAP, the consolidated financial
position of the Borrower and its consolidated Subsidiaries as of such dates and their consolidated results of operations and changes in financial position for such three-month and six-month period, subject to normal year-end adjustments and the
absence of footnotes. 
 (iii) There has been no Material Adverse Change since December 31, 2015. 

(e) Regulation U. Parent and the Consolidated Subsidiaries are not engaged in the business of extending credit for the purpose of
purchasing or carrying margin stock (within the meaning of Regulation U issued by the Board of Governors of the Federal Reserve System), and no proceeds of any Borrowing will be used, whether directly or indirectly, to purchase or carry any margin
stock or to extend credit to others for the purpose of purchasing or carrying any margin stock in any such case that would cause a violation of such Regulation U. Not more than 25% of the value of the assets of Parent and the Consolidated
Subsidiaries is represented by margin stock. 
 (f) Litigation. Except as disclosed in Parent’s annual report on Form 10-K for
the fiscal year ended December 31, 2015, and Parent’s quarterly reports on Form 10-Q for the fiscal quarters ended March 31, 2016 and June 30, 2016, there is no action, suit or proceeding (including, without limitation, any
Environmental Action) pending against, or to the knowledge of Parent or the Borrower threatened against or affecting, Parent, the Borrower or any of its Restricted Subsidiaries before any court or arbitrator or any governmental body, agency or
official that would be likely to be decided adversely to Parent, the Borrower or such Subsidiary and, as a result, have a Material Adverse Effect. 

(g) Compliance with Laws. Parent, the Borrower and each Restricted Subsidiary is in compliance in all material respects with all
applicable laws, ordinances, rules, regulations and requirements of governmental authorities (including, without limitation, ERISA and Environmental Laws) except where (i) non-compliance would not have a Material Adverse Effect or (ii) the
necessity of compliance therewith is contested in good faith by appropriate proceedings. 

  
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 (h) Taxes. Parent, the Borrower and its Restricted Subsidiaries have filed all United
States Federal income tax returns and all other material tax returns that are required to be filed by them and have paid all taxes due pursuant to such returns or pursuant to any assessment received by Parent, the Borrower or any Restricted
Subsidiary except (i) where nonpayment or failure to file would not have a Material Adverse Effect or (ii) where the same are contested in good faith by appropriate proceedings. The charges, accruals and reserves on the books of Parent,
the Borrower and its Restricted Subsidiaries in respect of taxes or other governmental charges are, in the opinions of Parent and the Borrower, adequate. 

(i) Investment Company Status. Neither Parent, the Borrower nor any of its Subsidiaries is an “investment company” as defined
in, or subject to regulation under, the Investment Company Act of 1940, as amended. 
 (j) Disclosure. Neither the Information
Memorandum (including the information incorporated therein by reference) nor any of the other reports, financial statements, certificates or other written information furnished by or on behalf of Parent or the Borrower, to the Agent or any Lender in
connection with the negotiation of this Agreement or delivered hereunder (as modified or supplemented by other information so furnished), when taken as a whole and when so furnished, contains any material misstatement of a material fact or omits to
state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not materially misleading; provided that, with respect to projected financial information, Parent and the Borrower
represent only that such information was prepared in good faith based upon assumptions believed by Parent and the Borrower to be reasonable at the time prepared. 

(k) Unrestricted Subsidiaries. As of the Effective Date, there are no Unrestricted Subsidiaries. 

(l) Anti-Corruption Laws and Sanctions. Parent, the Borrower, its Subsidiaries and, to the knowledge of Parent and the Borrower, their
respective officers, employees, directors and agents, are in compliance with Anti-Corruption Laws, the Patriot Act and applicable Sanctions in all material respects. None of (a) Parent, the Borrower, any Subsidiary or, to the knowledge of
Parent or the Borrower, any of their respective directors, officers or employees, or (b) to the knowledge of Parent or the Borrower, any agent of Parent, the Borrower or any Subsidiary acting in any capacity in connection with or benefitting
from the credit facility established hereby, is a Sanctioned Person. 
 (m) EEA Financial Institution. Neither Parent nor the
Borrower is an EEA Financial Institution. 
 ARTICLE V 

COVENANTS OF THE BORROWER 

SECTION 5.01. Information. The Borrower will deliver to the Agent: 

(a) as soon as available and in any event within 120 days after the end of each fiscal year of Parent, a consolidated balance sheet of Parent
and its consolidated Subsidiaries as of the end of such fiscal year and the related consolidated statements of operations, cash flows, 

  
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equity and comprehensive income for such fiscal year, setting forth in each case in comparative form the figures for the previous fiscal year, all reported on in a manner consistent with the
requirements of the Securities and Exchange Commission by Deloitte & Touche LLP or other independent public accountants of nationally recognized standing; 

(b) as soon as available and in any event within 60 days after the end of each of the first three quarters of each fiscal year of Parent,
commencing with the fiscal quarter ended September 30, 2016, a consolidated balance sheet of Parent and its consolidated Subsidiaries as of the end of such quarter and the related consolidated statements of operations, cash flows, equity and
comprehensive income for such quarter and for the portion of Parent’s fiscal year ended at the end of such quarter, setting forth in each case in comparative form the figures for the corresponding quarter and the corresponding portion of
Parent’s previous fiscal year, all certified (subject to normal year-end adjustments) as to fairness of presentation, application of GAAP and consistency by an Approved Officer of the Borrower; 

(c) simultaneously with the delivery of each set of financial statements referred to in clauses (a) and (b) above, a
certificate of an Approved Officer of the Borrower and a Parent Officer (i) setting forth in reasonable detail the calculations required to establish whether the Borrower was in compliance with the requirements of Section 5.12 on
the date of such financial statements and (ii) stating whether any Default or Event of Default exists on the date of such certificate and, if any Default or Event of Default then exists, setting forth the details thereof and the action that the
Borrower is taking or proposes to take with respect thereto; 
 (d) within five days after any officer of the Borrower with responsibility
relating thereto obtains knowledge of any Default or Event of Default, if such Default or Event of Default is then continuing, a certificate of an Approved Officer of the Borrower setting forth the details thereof and the action that the Borrower is
taking or proposes to take with respect thereto; 
 (e) promptly upon the filing thereof, copies of all registration statements (other than
the exhibits thereto and any registration statements on Form S-8 or its equivalent) and reports on Forms 10-K, 10-Q and 8-K (or their equivalents) that Parent shall have filed with the Securities and Exchange Commission; 

(f) if and when any member of the ERISA Group (i) gives or is required to give notice to the PBGC of any “reportable event” (as
defined in Section 4043 of ERISA) with respect to any Material Plan that might constitute grounds for a termination of such Plan under Title IV of ERISA, or has knowledge that the plan administrator of any Material Plan has given or is required
to give notice of any such reportable event, a copy of the notice of such reportable event given or required to be given to the PBGC; (ii) receives notice of complete or partial withdrawal liability under Title IV of ERISA or notice that any
Material Plan is in reorganization or “critical status” (within the meaning of Section 305 of ERISA), is insolvent or has been terminated, a copy of such notice; (iii) receives notice from the PBGC under Title IV of ERISA of an
intent to terminate, impose material liability (other than for premiums under Section 4007 of ERISA) in respect of, or appoint a trustee to administer any Plan, a copy of such notice; (iv) applies for a waiver of the minimum funding
standard under Section 430 of the Internal Revenue Code, a copy of such application; (v) gives notice of intent to terminate any Material Plan under 

  
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Section 4041(c) of ERISA, a copy of such notice and other information filed with the PBGC; (vi) gives notice of withdrawal from any Material Plan pursuant to Section 4063 of ERISA,
a copy of such notice; or (vii) fails to make any payment or contribution to any Material Plan or makes any amendment to any Material Plan that, in each case, has resulted or could result in the imposition of a Lien or the posting of a bond or
other security, a certificate of the chief financial officer or the chief accounting officer of the Borrower setting forth details as to such occurrence and action, if any, which the Borrower or applicable member of the ERISA Group is required or
proposes to take; and 
 (g) from time to time such additional information regarding the financial position or business of Parent and its
consolidated Subsidiaries (including, if requested, information as to Parent and the Consolidated Subsidiaries on a stand-alone basis) as the Agent, at the request of any Lender, may reasonably request. 

Information required to be delivered pursuant to Sections 5.01(a), 5.01(b) and 5.01(e) shall be deemed to have been
delivered on the date on which such information has been posted by Parent on the Securities and Exchange Commission website on the Internet at sec.gov/edaux/searches.htm, on the Borrower’s IntraLinks site at intralinks.com or on another website
identified in a notice provided to the Lenders and accessible by the Lenders without charge. 
 SECTION 5.02. Payment of Taxes.
Parent and the Borrower will pay and discharge, and the Borrower will cause each Restricted Subsidiary to pay and discharge, at or before maturity, all their tax liabilities, except where (i) nonpayment or failure to file would not have a
Material Adverse Effect or (ii) the same may be contested in good faith by appropriate proceedings, and Parent and the Borrower will maintain, and the Borrower will cause each Restricted Subsidiary to maintain, in accordance with GAAP,
appropriate reserves for the accrual of any of the same. 
 SECTION 5.03. Maintenance of Property; Insurance. 

(a) Parent and the Borrower will keep, and the Borrower will cause each Material Restricted Subsidiary to keep, all property useful and
necessary in its business in good working order and condition, ordinary wear and tear excepted, except where the failure to do so could not reasonably be expected to result in a Material Adverse Effect. 

(b) Parent and the Borrower will, and the Borrower will cause each of its Material Restricted Subsidiaries to, maintain (either in the name of
Parent or the Borrower or in such Subsidiary’s own name) with financially sound and responsible insurance companies, insurance on all their respective properties in at least such amounts and against at least such risks (and with such risk
retention) as are usually insured against by companies of established repute engaged in the same or a similar business; provided that self-insurance by Parent or the Borrower or any such Material Restricted Subsidiary shall not be deemed a
violation of this covenant to the extent that such self-insurance is consistent with reasonable and prudent business practice; and will furnish to the Lenders, upon request from the Agent, information presented in reasonable detail as to the
insurance so carried. 

  
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 SECTION 5.04. Maintenance of Existence. Parent and the Borrower will preserve, renew and
keep in full force and effect, and the Borrower will cause each Material Restricted Subsidiary to preserve, renew and keep in full force and effect their respective corporate or other legal existence and their respective rights, privileges and
franchises material to the normal conduct of their respective businesses; provided that nothing in this Section 5.04 shall prohibit (i) any transaction permitted by Section 5.09 or (ii) the termination of any
right, privilege or franchise of Parent, the Borrower or any Material Restricted Subsidiary or of the corporate or other legal existence of any Material Restricted Subsidiary or the change in form of organization of Parent, the Borrower or any
Material Restricted Subsidiary if Parent or the Borrower in good faith determines that such termination or change is in the best interest of Parent or the Borrower, is not materially disadvantageous to the Lenders and, in the case of a change in the
form of organization of Parent or the Borrower, the Agent has consented thereto (such consent not to be unreasonably withheld or delayed). 

SECTION 5.05. Compliance with Laws. Parent and the Borrower will comply, and the Borrower will cause each Restricted Subsidiary to
comply, in all material respects with all applicable laws, ordinances, rules, regulations, and requirements of governmental authorities (including, without limitation, ERISA and Environmental Laws) except where (i) noncompliance would not have
a Material Adverse Effect or (ii) the necessity of compliance therewith is contested in good faith by appropriate proceedings. 

SECTION 5.06. Books and Records. Parent and the Borrower will keep, and the Borrower will cause each Material Restricted Subsidiary to
keep, proper books of record and account in which full, true and correct entries shall be made of all financial transactions in relation to its business and activities in accordance with its customary practices; and Parent and the Borrower will
permit, and the Borrower will cause each Material Restricted Subsidiary to permit, representatives of any Lender at such Lender’s expense (accompanied by a representative of the Borrower, if the Borrower so desires) to visit any of their
respective properties, to examine any of their respective books and records and to discuss their respective affairs, finances and accounts with their respective officers, employees and independent public accountants, all upon such reasonable notice,
at such reasonable times and as often as may reasonably be desired provided that such visits shall not occur more than one time per year unless an Event of Default has occurred and is continuing. 

SECTION 5.07. Maintenance of Ownership of Certain Subsidiaries. The Borrower will maintain both control (as defined in the definition
of “Affiliate”) of and direct or indirect ownership of at least 50% of all common Equity Securities of the MLP GP. 
 SECTION
5.08. Negative Pledge. Parent and the Borrower will not, and the Borrower will not permit any Restricted Subsidiary to, create, assume or suffer to exist any Lien to secure Indebtedness on any asset now owned or hereafter acquired by it,
except (for the avoidance of doubt, to the extent such Liens secure Indebtedness): 
 (a) Liens existing on the date of this Agreement
granted by Parent, the Borrower or any Restricted Subsidiary and securing Indebtedness or other obligations outstanding on the date of this Agreement; 

  
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 (b) any Lien on any asset of any Person existing at the time such Person is merged or
consolidated with or into Parent, the Borrower or any Restricted Subsidiary and not created in contemplation of such event; 
 (c) any Lien
existing on any asset prior to the acquisition thereof by Parent, the Borrower or any Restricted Subsidiary and not created in contemplation of such acquisition; 

(d) any Lien on any asset securing Indebtedness incurred or assumed for the purpose of financing all or any part of the cost of acquiring such
asset; provided that such Lien attaches to such asset concurrently with or within 365 days after the acquisition thereof; 
 (e) any
Lien arising out of the refinancing, extension, renewal or refunding of any Indebtedness or other obligations secured by any Lien otherwise permitted by any of the foregoing clauses of this Section 5.08; provided that the
principal amount of such Indebtedness or the amount of such other obligation, as applicable, is not increased and is not secured by any additional assets; 

(f) Liens for taxes, assessments or other governmental charges or levies not yet due or which are being contested in good faith by appropriate
proceedings and with respect to which adequate reserves or other appropriate provisions are being maintained in accordance with GAAP; 
 (g)
statutory Liens of landlords and Liens of carriers, warehousemen, mechanics, materialmen and other Liens imposed by law, created in the ordinary course of business and for amounts not past due for more than 60 days or which are being contested in
good faith by appropriate proceedings that are sufficient to prevent imminent foreclosure of such Liens, are promptly instituted and diligently conducted and with respect to which adequate reserves or other appropriate provisions are being
maintained in accordance with GAAP; 
 (h) Liens incurred or deposits made in the ordinary course of business (including, without
limitation, surety bonds and appeal bonds) in connection with workers compensation, unemployment insurance and other types of social security benefits or to secure the performance of tenders, bids, leases, contracts (other than for the repayment of
Indebtedness), statutory obligations and other similar obligations or arising as a result of progress payments under government contracts; 

(i) Liens with respect to judgments and attachments that do not result in an Event of Default; 

(j) Liens, deposits or pledges to secure the performance of bids, tenders, contracts (other than contracts for the payment of money), leases
(permitted under the terms of this Agreement), public or statutory obligations, surety, stay, appeal, indemnity, performance or other obligations arising in the ordinary course of business; 

(k) Liens required pursuant to the terms of this Agreement; 

(l) Liens on Permitted Cash Collateral securing only Cash Collateralized Term Loans; 

  
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 (m) Liens on and pledges of the Equity Securities of any joint venture owned by Parent, the
Borrower or any Restricted Subsidiary (other than any such joint venture that is a Consolidated Subsidiary) to the extent securing Indebtedness of such joint venture that is non-recourse to Parent, the Borrower or any Restricted Subsidiary; 

(n) bankers’ Liens, rights of setoff and other similar Liens existing solely with respect to cash and cash equivalents on deposit in one
or more accounts maintained by Parent, the Borrower or any Restricted Subsidiary, in each case granted in the ordinary course of business in favor of the bank or banks with which such accounts are maintained, securing amounts owing to such bank with
respect to cash management and operating account arrangements, including those involving pooled accounts and netting arrangements; 
 (o)
Liens incurred in the ordinary course of business to secure liability for premiums to insurance carriers or to maintain self-insurance; 

(p) Liens in favor of Parent, the Borrower or any of its wholly-owned Restricted Subsidiaries; 

(q) any letter of credit issued for the account of the Borrower, Parent or any of their Affiliates to secure Indebtedness under tax free
financings; and 
 (r) Liens not otherwise permitted by the foregoing clauses of this Section 5.08 securing obligations in an
aggregate principal or face amount at any date not to exceed 15% of Consolidated Net Tangible Assets; provided, for the purposes of this Section 5.08(r), with respect to any such secured Indebtedness of a non-wholly owned
Subsidiary of Parent with no recourse to Parent or any wholly-owned Subsidiary thereof, only that portion of such Indebtedness reflecting Parent’s pro rata ownership interest therein shall be included in calculating compliance herewith. 

SECTION 5.09. Consolidations, Mergers and Sales of Assets. 

(a) Neither Parent nor the Borrower will (i) consolidate or merge with or into any other Person or (ii) sell, lease or otherwise
transfer, directly or indirectly, all or substantially all of its assets to any Person; provided that the Borrower may merge with another Person if the Borrower is the entity surviving such merger (except in the case of a merger of the
Borrower with Parent, in which case Parent may be the surviving entity) and, after giving effect thereto, no Event of Default or Default shall have occurred and be continuing. 

(b) The Borrower will not permit any of its Restricted Subsidiaries to consolidate or merge with any other Person (except with the Borrower or
another Restricted Subsidiary, but subject to the provisions of Sections 5.07 and 5.09(a)) or sell all or substantially all of their respective assets (except to the Borrower or another Restricted Subsidiary, subject to the provisions
of Section 5.07, or except as a Permitted MLP Asset Transfer) if, after giving effect thereto, (i) any Event of Default or Default shall have occurred and be continuing or (ii) such consolidation, merger or sale of assets,
taken as a whole together with all other consolidations, mergers and sales of assets by the Borrower and its Restricted Subsidiaries since the Effective Date, shall result in the disposition by the Borrower and its Restricted Subsidiaries of assets
in an amount that would constitute all or substantially all of the consolidated assets of the Borrower and its Restricted Subsidiaries, determined on a consolidated basis in accordance with GAAP, as of the most recently completed fiscal quarter.

  
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 SECTION 5.10. Use of Proceeds. The proceeds of the Advances made under this Agreement will
be used by the Borrower for its and its Subsidiaries’ general company purposes. None of such proceeds will be used, directly or indirectly, for the purpose, whether immediate, incidental or ultimate, of buying or carrying any “margin
stock” within the meaning of Regulation U of the Board of Governors of the Federal Reserve System. No part of the proceeds of any Advance shall be used, directly, or with the knowledge of the Parent or Borrower, indirectly (A) in
furtherance of an offer, payment, promise to pay, or authorization of the payment or giving of money, or anything else of value, to any Person in violation of any Anti-Corruption Laws or the Patriot Act, (B) for the purpose of funding,
financing or facilitating any activities, business or transaction of or with any Sanctioned Person, or in any Sanctioned Country, or (C) in any manner that would result in the violation of the Patriot Act or any Sanctions applicable to any
party hereto. 
 SECTION 5.11. Transactions with Affiliates. Neither Parent nor the Borrower will, nor will the Borrower permit any
Restricted Subsidiary to, directly or indirectly, pay any funds to or for the account of, make any investment in, lease, sell, transfer or otherwise dispose of any assets, tangible or intangible, to, or participate in, or effect, any transaction
with, any Affiliate (other than Parent, the Borrower or a Restricted Subsidiary) unless such transaction is on terms and conditions reasonably fair to Parent, the Borrower or such Restricted Subsidiary in the good faith judgment of the Borrower or
Parent; provided that the foregoing provisions of this Section 5.11 shall not prohibit Parent, the Borrower and each Restricted Subsidiary from (i) declaring or making any lawful distribution so long as, after giving effect
thereto, no Default or Event of Default shall have occurred and be continuing or result therefrom, (ii) issuing and maintaining letters of credit, guaranties and sureties as contingent obligations on behalf of Affiliates, (iii) making any
Permitted MLP Asset Transfer, (iv) the payment of funds and making of capital contributions, loans and other transfers of money to Affiliates or to other Persons on behalf of such Affiliates, including payments made under letters of credit,
guaranties and surety bonds issued and maintained on behalf of Affiliates, provided that the aggregate amount for all such payments and transfers referred to in this clause (iv) does not exceed $500,000,000 at any time outstanding
(calculated at such time after giving effect to any repayments to the Borrower by, or on behalf of, such Affiliates for any such payment of funds and making of capital contributions, loans and other transfers of money) or (v) any transaction
permitted by Section 5.09(a) or by either of the parenthetical provisions in Section 5.09(b). 
 SECTION 5.12.
Indebtedness/Capitalization Ratio. Neither Parent nor the Borrower will permit the ratio of Consolidated Indebtedness to Consolidated Capitalization to exceed 65% at the end of any fiscal quarter of Parent. 

SECTION 5.13. Designation of Subsidiaries. The Board of Managers of the Borrower may at any time designate any Restricted Subsidiary
(other than the MLP GP and the MLP) as an Unrestricted Subsidiary or any Unrestricted Subsidiary as a Restricted Subsidiary; provided that (i) immediately before and after such designation, no Event of Default or Default shall have
occurred and be continuing, (ii) immediately after giving effect to such designation, the Borrower and its Restricted Subsidiaries shall be in compliance, on a pro forma basis, with 

  
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Section 5.12 (as though the effective date of such designation were the last day of a fiscal quarter of the Borrower) and, as a condition precedent to the effectiveness of such
designation, the Borrower shall deliver to the Agent a certificate of its Chief Financial Officer, its Treasurer or its Controller setting forth in reasonable detail the calculations demonstrating such compliance), (iii) no Restricted
Subsidiary may be designated as an Unrestricted Subsidiary if it was previously designated an Unrestricted Subsidiary, (iv) no Subsidiary of an Unrestricted Subsidiary may be designated as a Restricted Subsidiary, (v) no Subsidiary that
owns any Equity Securities or Indebtedness of, or owns or holds any Lien on, any property of the Borrower or any Restricted Subsidiary (other than any Subsidiary of the Subsidiary to be so designated), may be designated an Unrestricted Subsidiary,
(vi) each Subsidiary to be so designated as an Unrestricted Subsidiary, and its Subsidiaries, has not at the time of designation, and does not thereafter, create, incur, issue, assume, guarantee or otherwise become directly or indirectly liable
with respect to any Indebtedness pursuant to which the lender or other creditor has recourse to any assets of the Borrower or any Restricted Subsidiary other than the Equity Securities in such Unrestricted Subsidiary and its Subsidiaries, and
(vii) no primary operating Subsidiary of the Borrower may be designated as an Unrestricted Subsidiary. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of any
Indebtedness or Liens of such Subsidiary existing at such time. If, at any time, any Unrestricted Subsidiary fails to meet the preceding requirements as an Unrestricted Subsidiary, it will thereafter automatically cease to be an Unrestricted
Subsidiary and shall constitute a Restricted Subsidiary for all purposes of this Agreement, and (among other things) any Indebtedness and Liens of such Subsidiary will be deemed to be incurred by a Restricted Subsidiary of the Borrower as of such
date. 
 ARTICLE VI 

EVENTS OF DEFAULT 

SECTION 6.01. Events of Default. If any of the following events (“Events of Default”) shall occur and be
continuing: 
 (a) (i) the Borrower shall fail to pay any principal of any Advance when the same becomes due and payable, or (ii) the
Borrower shall fail to pay any interest on any Advance or make any other payment of fees or other amounts payable under this Agreement or any Note within five Business Days after the same becomes due and payable; or 

(b) any representation or warranty made by Parent or the Borrower herein or by Parent or the Borrower (or any of their respective officers) in
connection with this Agreement shall prove to have been incorrect in any material respect when made; or 
 (c) (i) Parent or the Borrower
shall fail to perform or observe any term, covenant or agreement contained in Section 5.01(d), 5.04, 5.08, 5.09, 5.12, the second or third sentence of Section 5.10 or Article IX, or
(ii) Parent or the Borrower shall fail to perform or observe any other term, covenant or agreement contained in this Agreement on its part to be performed or observed if such failure shall remain unremedied for 30 days after written notice
thereof shall have been given to the Borrower by the Agent at the request of any Lender; or 

  
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 (d) (i) Parent, the Borrower or any of its Material Restricted Subsidiaries shall fail to pay any
principal of or premium or interest on any Indebtedness that is outstanding in a principal or notional amount of at least $175,000,000 in the aggregate (but excluding Indebtedness outstanding hereunder) of Parent, the Borrower or such Material
Restricted Subsidiary (as the case may be), when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any,
specified in the agreement or instrument relating to such Indebtedness; or (ii) any such Indebtedness shall be declared to be due and payable, or required to be prepaid or redeemed (other than by a regularly scheduled required prepayment or
redemption), purchased or defeased, or an offer to prepay, redeem, purchase or defease such Indebtedness shall be required to be made, in each case prior to the stated maturity thereof; or 

(e) Parent, the Borrower or any of its Material Restricted Subsidiaries shall generally not pay its debts as such debts become due, or shall
admit in writing its inability to pay its debts generally, or shall make a general assignment for the benefit of creditors; or any proceeding shall be instituted by or against Parent, the Borrower or any of its Material Restricted Subsidiaries
seeking to adjudicate it a bankrupt or insolvent, or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts under any law relating to bankruptcy, insolvency or reorganization
or relief of debtors, or seeking the entry of an order for relief or the appointment of a receiver, trustee, custodian or other similar official for it or for any substantial part of its property and, in the case of any such proceeding instituted
against it (but not instituted by it), either such proceeding shall remain undismissed or unstayed for a period of 90 days, or any of the actions sought in such proceeding (including, without limitation, the entry of an order for relief against, or
the appointment of a receiver, trustee, custodian or other similar official for, it or for any substantial part of its property) shall occur; or Parent, the Borrower or any of its Material Restricted Subsidiaries shall take any corporate or other
equivalent action to authorize any of the actions set forth above in this subsection (e); or 
 (f) judgments or orders for the
payment of money in excess of $175,000,000 in the aggregate shall be rendered against Parent, the Borrower or any of its Material Restricted Subsidiaries and either (i) enforcement proceedings shall have been commenced by any creditor upon such
judgment or order or (ii) there shall be any period of 45 consecutive days during which a stay of enforcement of such judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; or 

(g) (i) Parent shall cease to own, directly or indirectly, all of the issued and outstanding Equity Securities of the Borrower; (ii) any
Person or two or more Persons acting in concert shall have acquired beneficial ownership (within the meaning of Rule 13d-3 of the Securities and Exchange Commission under the Securities Exchange Act of 1934, as amended), directly or indirectly, of
Voting Stock of Parent (or other Equity Securities convertible into such Voting Stock) representing 50% or more of the combined voting power of all Voting Stock of Parent; or (iii) during any period of up to 12 consecutive months, commencing
after the Effective Date, individuals who at the beginning of such 12-month period (together with any successors appointed or nominated by such directors in the ordinary course) were directors of Parent shall cease for any reason to constitute a
majority of the Board of Directors of Parent; or 

  
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 (h) any member of the ERISA Group shall fail to pay when due an amount or amounts aggregating in
excess of $25,000,000 which it shall have become liable to pay to the PBGC or to a Plan under Title IV of ERISA; or notice of intent to terminate a Plan or Plans having aggregate Unfunded Vested Liabilities in excess of $50,000,000 (collectively, a
“Material Plan”) shall be filed under Title IV of ERISA by any member of the ERISA Group, any plan administrator or any combination of the foregoing; or the PBGC shall institute proceedings under Title IV of ERISA to terminate or to
cause a trustee to be appointed to administer any Material Plan or a proceeding shall be instituted by a fiduciary of any Material Plan against any member of the ERISA Group to enforce Section 515 or 4219(c)(5) of ERISA and such proceeding
shall not have been dismissed within 90 days thereafter; or a condition shall exist by reason of which the PBGC would be entitled to obtain a decree adjudicating that any Material Plan must be terminated; 

then, and in every such event (other than an event with respect to the Borrower described in Section 6.01(e)), and at any time thereafter during
the continuance of such event, the Agent may with the consent of the Super-Majority Lenders, and at the request of such Super-Majority Lenders shall, by notice to the Borrower, take any or all of the following actions, at the same or different
times: (i) terminate the Commitments, and thereupon the Commitments shall terminate immediately and (ii) declare the Advances then outstanding to be due and payable in whole (or in part, in which case any principal not so declared to be
due and payable may thereafter be declared to be due and payable so long as, at the time of such later declaration, an Event of Default is continuing), and thereupon the principal of the Advances so declared to be due and payable, together with
accrued interest thereon and all fees and other obligations of the Borrower accrued hereunder, shall become due and payable immediately, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the
Borrower; and in case of any event with respect to the Borrower described in Section 6.01(e), the Commitments shall automatically terminate and the principal of the Advances then outstanding, together with accrued interest thereon and
all fees and other obligations of the Borrower accrued hereunder, shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower. In addition to the
remedies set forth above, the Agent may exercise any other remedies provided by applicable law. 
 ARTICLE VII 

THE AGENT 

SECTION 7.01. Authorization and Action. Each Lender hereby appoints and authorizes the Agent to take such action as agent on its
behalf and to exercise such powers and discretion under this Agreement as are delegated to the Agent by the terms hereof, together with such powers and discretion as are reasonably incidental thereto. As to any matters not expressly provided for by
this Agreement (including, without limitation, enforcement or collection of the Notes), the Agent shall not be required to exercise any discretion or take any action, but shall be required to act or to refrain from acting (and shall be fully
protected in so acting or refraining from acting) upon the instructions of the Required Lenders, and such instructions shall be binding upon all Lenders and all holders of Notes; provided, however, that the Agent shall not be required
to take any action that exposes the Agent to personal liability or that is contrary to this Agreement or applicable law. Without limiting the generality of the foregoing, (a) the Agent shall not be subject to any fiduciary or other implied
duties, regardless of whether a Default or an 

  
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Event of Default has occurred and is continuing, (b) the Agent shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and
powers expressly contemplated by this Agreement that the Agent is required to exercise in writing as directed by the Required Lenders (or such other number or percentage of the Lenders as shall be necessary under the circumstances as provided in
Section 8.01), and (c) except as expressly set forth in this Agreement, the Agent shall not have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to Parent, the Borrower or any of
the Subsidiaries that is communicated to or obtained by it or any of its Affiliates in any capacity. The Agent shall be deemed not to have knowledge of any Default or Event of Default unless and until written notice thereof is given to the Agent by
the Borrower or a Lender. The Agent agrees to promptly make available to each Lender all information delivered to the Agent pursuant to Section 5.01, and the Agent agrees to give to each Lender prompt notice of each notice given to it by
the Borrower pursuant to the terms of this Agreement. 
 SECTION 7.02. Agent’s Reliance, Etc. Neither the Agent nor any of
its directors, officers, agents or employees shall be liable for any action taken or omitted to be taken by it or them under or in connection with this Agreement, except for its or their own gross negligence or willful misconduct. Without limitation
of the generality of the foregoing, the Agent: (a) may treat the payee of any Note as the holder thereof until the Agent receives and accepts an Assignment and Acceptance entered into by the Lender that is the payee of such Note, as assignor,
and an assignee, as provided in Section 8.07; (b) may consult with legal counsel (including counsel for the Borrower), independent public accountants and other experts selected by it and shall not be liable for any action taken or
omitted to be taken in good faith by it in accordance with the advice of such counsel, accountants or experts; (c) makes no warranty or representation to any Lender and shall not be responsible to any Lender for any statements, warranties or
representations (whether written or oral) made in or in connection with this Agreement; (d) shall not have any duty to ascertain or to inquire as to the performance, observance or satisfaction of any of the terms, covenants or conditions of
this Agreement on the part of Parent or the Borrower or the existence at any time of any Default or to inspect the property (including the books and records) of Parent or the Borrower; (e) shall not be responsible to any Lender for the due
execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other instrument or document furnished pursuant hereto; and (f) shall incur no liability under or in respect of this Agreement by acting
upon any notice, consent, certificate or other instrument or writing (which may be by telecopier, telegram or electronic communication) believed by it to be genuine and signed or sent by the proper party or parties. 

SECTION 7.03. Citi and Affiliates. With respect to its Commitment, the Advances made by it and any Note issued to it, Citi shall
have the same rights and powers under this Agreement as any other Lender and may exercise the same as though it were not the Agent; and the terms “Lender” and “Lenders” shall, unless otherwise expressly indicated, include Citi in
its individual capacity, as applicable. Citi and its Affiliates may accept deposits from, lend money to, act as trustee under indentures of, accept investment banking engagements from and generally engage in any kind of business with, the Borrower,
any of its Affiliates and any Person who may do business with or own Equity Securities of the Borrower or any such Affiliate, all as if Citi were not the Agent and without any duty to account therefor to the Lenders. The Agent shall have no duty to
disclose any information obtained or received by it or any of its Affiliates relating to the Borrower or any of its Affiliates to the extent such information was obtained or received in any capacity other than as Agent. 

  
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 SECTION 7.04. Lender Credit Decision. Each Lender acknowledges that it has,
independently and without reliance upon the Agent or any other Lender and based on the financial statements referred to in Section 4.01 and 5.01 and such other documents and information as it has deemed appropriate, made its own
credit analysis and decision to enter into this Agreement. Each Lender also acknowledges that it will, independently and without reliance upon the Agent or any other Lender and based on such documents and information as it shall deem appropriate at
the time, continue to make its own credit decisions in taking or not taking action under this Agreement. 
 SECTION 7.05.
Indemnification. The Lenders agree to indemnify the Agent (to the extent not reimbursed by the Borrower), ratably according to (i) the respective amounts of their Commitments (or if the Commitments have terminated or expired (other than
with respect to the Term Conversion) the Commitments most recently in effect), or (ii) if the Term Conversion has occurred, the respective amounts of their Term Advances (or if the Term Advances have been repaid in full, the Term Advances most
recently outstanding, giving effect to any assignments and to any Lender’s status as a Defaulting Lender at the time of determination), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments,
suits, costs, expenses or disbursements of any kind or nature whatsoever that may be imposed on, incurred by, or asserted against the Agent in any way relating to or arising out of this Agreement or any action taken or omitted by the Agent under
this Agreement, IN ALL CASES, WHETHER OR NOT CAUSED BY OR ARISING, IN WHOLE OR IN PART, OUT OF THE COMPARATIVE, CONTRIBUTORY OR SOLE NEGLIGENCE OF THE AGENT (collectively, the “Indemnified Costs”), provided that no
Lender shall be liable for any portion of the Indemnified Costs resulting from the Agent’s gross negligence or willful misconduct. Without limitation of the foregoing, each Lender agrees to reimburse the Agent promptly upon demand for its
ratable share of any out-of-pocket expenses (including counsel fees) incurred by the Agent in connection with the preparation, execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal
proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, to the extent that the Agent is not reimbursed for such expenses by the Borrower. In the case of any investigation, litigation or
proceeding giving rise to any Indemnified Costs, this Section 7.05 applies whether any such investigation, litigation or proceeding is brought by the Agent, any Lender or a third party. 

SECTION 7.06. Successor Agent. The Agent may resign at any time by giving written notice thereof to the Lenders and the Borrower
and may be removed at any time with or without cause by the Required Lenders. Upon any such resignation or removal, (i) the Borrower, with the consent of the Required Lenders (such consent not to be unreasonably withheld or delayed) shall have
the right to appoint a successor Agent or (ii) if an Event of Default shall have occurred and be continuing, then the Required Lenders shall have the right to appoint a successor Agent. If no successor Agent shall have been so appointed, and
shall have accepted such appointment, within 30 days after the retiring Agent’s giving of notice of resignation or the Required Lenders’ removal of the retiring Agent (the “Resignation Effective Date”), then the retiring
Agent may, on behalf of the Lenders and in consultation with the Borrower, appoint a 

  
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successor Agent, which shall be a commercial bank organized under the laws of the United States of America or of any State thereof and having a combined capital and surplus of at least
$500,000,000. Whether or not a successor has been appointed, the Agent’s resignation shall become effective on the Resignation Effective Date. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent
shall thereupon succeed to and become vested with all the rights, powers, discretion, privileges and duties of the retiring Agent, and the retiring Agent shall be discharged from its duties and obligations under this Agreement provided that
if such successor Agent shall have been appointed without the consent of the Borrower, such successor Agent may be replaced by the Borrower with the consent of the Required Lenders so long as no Event of Default has occurred and is continuing. After
any retiring Agent’s resignation or removal hereunder as Agent, the provisions of this Article VII shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under this Agreement. 

SECTION 7.07. Syndication Agent and Joint Lead Arrangers. The Syndication Agent and the Joint Lead Arrangers, in their respective
capacities as such, shall not have any duties or obligations of any kind under this Agreement. 
 SECTION 7.08. Sub-Agents. The
Agent may perform any and all its duties and exercise its rights and powers by or through any one or more sub-agents appointed by it. The Agent and any such sub-agent may perform any and all its duties and exercise its rights and powers through its
respective Affiliates. The exculpatory provisions of the preceding paragraphs and the provisions of Section 8.04 shall apply to any such sub-agent and to the Affiliates of the Agent and any such sub-agent, and shall apply to their
respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Agent. 

ARTICLE VIII 

MISCELLANEOUS 

SECTION 8.01. Amendments, Etc. No amendment or waiver of any provision of this Agreement or the Notes, nor consent to any
departure by the Borrower therefrom, shall in any event be effective unless the same shall be in writing and signed by the Required Lenders, and then such waiver or consent shall be effective only in the specific instance and for the specific
purpose for which given; provided, however, that no amendment, waiver or consent shall, unless in writing and signed by all the Lenders directly and adversely affected thereby, do any of the following: (a) waive any of the
conditions specified in Section 3.01, (b) increase or extend the Commitments of the Lenders, (c) reduce the principal of, or interest on, the Notes, any Advance or any fees or other amounts payable hereunder, (d) postpone
any date fixed for any payment of principal of, or interest on, the Notes, or any fees or other amounts payable hereunder, except as provided in Section 2.01(b), (e) change the percentage of the Commitments or of the aggregate
unpaid principal amount of the Advances, or change the number of Lenders, that shall be required for the Lenders or any of them to take any action hereunder, (f) amend this Section 8.01, (g) modify Section 2.16,
Section 2.09(c) or the definition of Change of Control (including any modification to Section 6.01(g)), or (h) release any Person from its liability under a guarantee, or limit such Person’s liability in respect of
such guarantee; and provided further that no amendment, waiver or consent shall, unless in writing and signed by the Agent in addition to the Lenders required above to take such action, affect the rights or duties of the Agent 

  
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under this Agreement or any Note; and provided further that no amendment, waiver or consent to the provisions of Section 2.19 shall be effective unless in writing and
signed by the Agent and the Required Lenders. Notwithstanding the foregoing, no consent with respect to any amendment, waiver or modification of this Agreement shall be required of any Defaulting Lender, except with respect to any amendment, waiver
or other modification referred to in clauses (b), (c), (d), (e) or (f) of the first proviso of this paragraph and then only in the event such Defaulting Lender shall be directly and adversely affected by such
amendment, waiver or modification. 
 SECTION 8.02. Notices, Etc. 

(a) All notices and other communications provided for hereunder shall be in writing (including telecopier or telegraphic communication) and
mailed, telecopied, telegraphed or delivered, if to Parent or the Borrower, at its address at 5400 Westheimer Court, Houston, Texas 77056-5310, fax number 713-989-1717, Attention: Treasurer or Assistant Treasurer, Corporate Finance Department; if to
any Initial Lender, at its Domestic Lending Office specified in its Administrative Questionnaire; if to any other Lender, at its Domestic Lending Office specified in the Assignment and Acceptance or other agreement pursuant to which it became a
Lender; and if to the Agent, at its address at 1615 Brett Road, OPS III, New Castle, Delaware 19720, fax number 212-994-0961, Attention: Global Loans Department, email: glagentofficeops@citigroup.com; or, as to Parent or the Borrower or the Agent,
at such other address as shall be designated by such party in a written notice to the other parties and, as to each other party, at such other address as shall be designated by such party in a written notice to Parent or the Borrower and the Agent.
Notices sent by hand or overnight courier service, or mailed by certified or registered mail, shall be deemed to have been given when received; notices sent by facsimile shall be deemed to have been given when sent (except that, if not given during
normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices delivered through electronic communications, to the extent provided in paragraph (b)
below, shall be effective as provided in said paragraph (b). Delivery by telecopier or other electronic communication of an executed counterpart of any amendment or waiver of any provision of this Agreement or the Notes or of any Exhibit hereto
to be executed and delivered hereunder shall be effective as delivery of a manually executed counterpart thereof. 
 (b) Notices and other
communications to the Lenders hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the Agent, provided that the foregoing shall not apply
to notices to any Lender pursuant to Article II if such Lender has notified the Agent that it is incapable of receiving notices under such Article by electronic communication. The Agent or the Borrower may, in its discretion, agree to accept
notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. Unless the Agent otherwise
prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function,
as available, return e-mail or their written acknowledgment), provided that if such notice or other communication is not sent during the normal business hours of the recipient, such notice or communication shall be deemed to

  
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have been sent at the opening of business on the next Business Day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be deemed received
upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor. 

SECTION 8.03. No Waiver: Remedies. No failure on the part of any Lender or the Agent to exercise, and no delay in exercising, any
right hereunder or under any Note shall operate as a waiver thereof; nor shall any single or partial exercise of any such right preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are
cumulative and not exclusive of any remedies provided by law. 
 SECTION 8.04. Costs and Expenses. 

(a) The Borrower agrees to pay on demand all reasonable and invoiced out-of-pocket fees, charges and expenses of a single counsel for the
Agent, and of a single local counsel to the Agent in each appropriate jurisdiction (which may include a single special counsel acting in multiple jurisdictions) and of such other counsel retained by the Agent with the Borrower’s prior written
consent (such consent not to be unreasonably withheld or delayed) and of such other counsel retained by the Agent and the Lenders in connection with enforcement (whether through negotiations, legal proceedings or otherwise) of this Agreement, the
Notes and the other documents to be delivered hereunder, including, without limitation, in connection with the enforcement of rights under this Section 8.04(a). 

(b) The Borrower agrees to indemnify and hold harmless the Agent, each Joint Lead Arranger and each Lender and each of their respective
Affiliates and their respective officers, directors, employees, agents and advisors (each, an “Indemnified Party”) from and against any and all losses, claims, damages and liabilities incurred by or asserted or awarded against any
Indemnified Party, in each case arising out of or in connection with or by reason of (including, without limitation, in connection with any investigation, litigation or proceeding or preparation of a defense in connection therewith) the Notes, this
Agreement, any of the transactions contemplated herein or the actual or proposed use of the proceeds of the Advances, IN ALL CASES, WHETHER OR NOT CAUSED BY OR ARISING, IN WHOLE OR IN PART, OUT OF THE COMPARATIVE, CONTRIBUTORY OR SOLE NEGLIGENCE
OF THE INDEMNIFIED PARTY, regardless of whether any Indemnified Party is a party thereto, and to reimburse each Indemnified Party upon demand for any reasonable and documented legal expenses of one firm of counsel for all such Indemnified
Parties, taken as a whole and, if necessary, of a single local counsel in each appropriate jurisdiction (which may include a single special counsel acting in multiple jurisdictions) for all such Indemnified Parties, taken as a whole (and, in the
case of an actual or perceived conflict of interest where the Indemnified Party affected by such conflict informs the Borrower of such conflict and thereafter retains its own counsel, of another firm of counsel for such affected Indemnified Party)
and other expenses incurred in connection with investigating or defending any of the foregoing, provided that the foregoing indemnity will not, as to any Indemnified Party, apply to losses, claims, damages, liabilities or related legal or
other expenses to the extent (i) they are found by a final, non-appealable judgment of a court of competent jurisdiction to arise from the willful misconduct or gross negligence of such Indemnified Party, (ii) they arise out of or in
connection 

  
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with any claim, litigation, investigation or proceeding that does not involve an act or omission by the Borrower or any of its Affiliates and that is brought by an Indemnified Party against any
other Indemnified Party or (iii) they consist of any taxes, which shall be governed by Sections 2.12 and 2.15. The parties hereto agree not to assert, and hereby waive on behalf of their respective Affiliates, the holders of their
Equity Securities and their respective officers, directors, employees, agents and advisors, any claim for special, indirect, consequential or punitive damages against any party hereto (including, without limitation, Parent, the Borrower, the Agent
or any Lender), any of their respective Affiliates or any of their respective directors, officers, employees, attorneys and agents, on any theory of liability arising out of or otherwise relating to the Notes, this Agreement, any of the transactions
contemplated herein or the actual or proposed use of the proceeds of the Advances; provided that nothing contained in this sentence shall limit the Borrower’s indemnity and reimbursement obligations to the extent set forth in the
immediately preceding sentence. 
 (c) Without prejudice to the survival of any other agreement of the Borrower hereunder, the agreements
and obligations of the Borrower contained in Sections 2.11, 2.12, 2.14, 2.15 and 8.04 shall survive the payment in full of principal, interest and all other amounts payable hereunder and under the Notes. 

SECTION 8.05. Right of Set-off. Upon (i) the occurrence and during the continuance of any Event of Default and (ii) the
making of the request or the granting of the consent specified by Section 6.01 to authorize the Agent to declare the Advances due and payable pursuant to the provisions of Section 6.01, each Lender is hereby authorized at any
time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits (general or special, time or demand, provisional or final) at any time held and other indebtedness at any time owing by such Lender to or
for the credit or the account of Parent or the Borrower against any and all of the obligations of Parent or the Borrower now or hereafter existing under this Agreement and the Note held by such Lender, whether or not such Lender shall have made any
demand under this Agreement or such Note. Each Lender agrees promptly to notify Parent or the Borrower, as applicable, after any such set-off and application, provided that the failure to give such notice shall not affect the validity of such
set-off and application. The rights of each Lender under this Section 8.05 are in addition to other rights and remedies (including, without limitation, other rights of set-off) that such Lender may have. 

SECTION 8.06. Binding Effect. This Agreement shall become effective when the conditions precedent set forth in
Section 3.01 have been satisfied and thereafter shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that neither Parent nor the Borrower shall have the right to assign
its rights hereunder or any interest herein without the prior written consent of the Lenders (and any attempted assignment by Parent or the Borrower without such consent shall be null and void). 

  
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 SECTION 8.07. Assignments and Participations. 

(a) (i)Subject to the conditions set forth in paragraph (a)(ii) below, any Lender may assign to one or more Persons (other than an
Ineligible Assignee) all or a portion of its rights and obligations under this Agreement (including, without limitation, all or a portion of its Commitment, the Advances owing to it and any Note or Notes held by it) with the prior written consent
(such consent not to be unreasonably withheld or delayed) of: 
 (A) the Borrower; provided that, the Borrower shall
be deemed to have consented to an assignment unless it shall have objected thereto by written notice to the Agent within five Business Days after having received notice thereof; provided further that no consent of the Borrower shall be
required (1) for an assignment to a Lender, an Affiliate of a Lender or an Approved Fund or (2) if an Event of Default has occurred and is continuing, for an assignment to any other assignee; and 

(B) the Agent; provided that no consent of the Agent shall be required for an assignment to a Lender, an Affiliate of a
Lender or an Approved Fund. 
 As used herein, “Ineligible Assignee” means (a) a natural person, (b) a company, investment
vehicle or trust for, or owned and operated for the primary benefit of, a natural person or relative(s) thereof; provided that, such company, investment vehicle or trust shall not constitute an Ineligible Assignee if it (x) has not been
established for the primary purpose of acquiring any Advances or Commitments, (y) is managed by a professional advisor, who is not such natural person or a relative thereof, having significant experience in the business of making or purchasing
commercial loans, and (z) has assets greater than $25,000,000 and a significant part of its activities consist of making or purchasing commercial loans and similar extensions of credit in the ordinary course of its business, (c) Parent,
the Borrower or any of their Affiliates or Subsidiaries or (d) a Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause
(d). 
 (ii) Assignments shall be subject to the following additional conditions: 

(A) except in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund or an assignment of the
entire remaining amount of the assigning Lender’s Commitment or Advances of any Type, the amount of the Commitment or Advances of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Acceptance with
respect to such assignment is delivered to the Agent) shall not be less than $10,000,000 or an integral multiple of $1,000,000 in excess thereof unless each of the Borrower and the Agent otherwise consent, provided that no such consent of the
Borrower shall be required if an Event of Default has occurred and is continuing; 
 (B) each partial assignment shall be
made as an assignment of a proportionate part, and a constant and not varying percentage, of all the assigning Lender’s rights and obligations under this Agreement; 

(C) the parties to each assignment shall execute and deliver to the Agent an Assignment and Acceptance, together with any Note
subject to such assignment and a processing and recordation fee of $3,500; and 

  
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 (D) the assignee, if it shall not be a Lender, shall deliver to the Agent an
Administrative Questionnaire in which the assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower and its Affiliates or their respective
securities) will be made available and who may receive such information in accordance with the assignee’s compliance procedures and applicable law, including Federal and state securities laws. 

(iii) Subject to acceptance of any Assignment and Acceptance and recording thereof in the Register by the Agent pursuant to
paragraph (c) of this Section, from and after the effective date specified in each Assignment and Acceptance the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Acceptance,
have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Acceptance, be released from its obligations under this Agreement (and, in the
case of an Assignment and Acceptance covering all or the remaining portion of an assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of
Sections 2.11, 2.12, 2.14, 2.15 and 8.04). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 8.07 shall be treated for purposes
of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with paragraph (e) of this Section. 

(b) By executing and delivering an Assignment and Acceptance, the Lender assignor thereunder and the assignee thereunder confirm to and agree
with each other and the other parties hereto as follows: (i) other than as provided in such Assignment and Acceptance, such assigning Lender makes no representation or warranty and assumes no responsibility with respect to any statements,
warranties or representations made in or in connection with this Agreement or the execution, legality, validity, enforceability, genuineness, sufficiency or value of this Agreement or any other instrument or document furnished pursuant hereto;
(ii) such assigning Lender makes no representation or warranty and assumes no responsibility with respect to the financial condition of Parent or the Borrower or the performance or observance by Parent or the Borrower of any of its obligations
under this Agreement or any other instrument or document furnished pursuant hereto; (iii) such assignee confirms that it has received a copy of this Agreement, together with copies of the financial statements referred to in
Section 4.01 and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into such Assignment and Acceptance; (iv) such assignee will, independently and without
reliance upon the Agent, such assigning Lender or any other Lender and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under this Agreement;
(v) such assignee appoints and authorizes the Agent to take such action as agent on its behalf and to exercise such powers and discretion under this Agreement as are delegated to the Agent by the terms hereof, together with such powers and
discretion as are reasonably incidental thereto; and (vi) such assignee agrees that it will perform in accordance with their terms all of the obligations that by the terms of this Agreement are required to be performed by it as a Lender. 

(c) Upon its receipt of an Assignment and Acceptance executed by an assigning Lender and an assignee, together with any Note or Notes subject
to such assignment, the Agent shall, if such Assignment and Acceptance has been completed and is in substantially 

  
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the form of Exhibit C hereto, (i) accept such Assignment and Acceptance, (ii) record the information contained therein in the Register and (iii) give prompt notice thereof
to the Borrower; provided that if either the assigning Lender or the assignee shall have failed to make any payment required to be made by it pursuant to Section 2.02(d) or 2.14(d), the Agent shall have no obligation to
accept such Assignment and Acceptance and record the information contained therein in the Register unless and until such payment shall have been made in full, together with all accrued interest thereon. No assignment shall be effective for purposes
of this Agreement unless it has been recorded in the Register as provided in this paragraph. Within five Business Days after its receipt of such notice, the Borrower, at its own expense, shall execute and deliver to the Agent in exchange for any
surrendered Note a new Note payable to such assignee in an amount equal to the Commitment assumed by it pursuant to such Assignment and Acceptance and, if the assigning Lender has retained a Commitment hereunder, a new Note payable to the assigning
Lender in an amount equal to the Commitment retained by it hereunder. Such new Note or Notes shall be in an aggregate principal amount equal to the aggregate principal amount of such surrendered Note or Notes, shall be dated the effective date of
such Assignment and Acceptance and shall otherwise be in substantially the form of Exhibit A-1 or Exhibit A-2 hereto, as applicable. 

(d) The Agent, acting solely for this purpose as an agent of the Borrower, shall maintain at its address referred to in
Section 8.02 a copy of each Assignment and Acceptance delivered to and accepted by it and a register for the recordation of the names and addresses of the Lenders and the Commitment of, and principal amount of the Advances owing to, each
Lender (the “Register”). The entries in the Register shall be conclusive and binding for all purposes, absent manifest error, and the Borrower, the Agent and the Lenders shall treat each Person whose name is recorded in the Register
as a Lender hereunder for all purposes of this Agreement. The Register shall be available for inspection by the Borrower or any Lender at any reasonable time and from time to time upon reasonable prior notice. No Commitment, Advance or Note shall be
transferred by any Lender unless such transfer is entered in the Register. 
 (e) Each Lender may, with the consent of the Borrower (which
shall not be unreasonably withheld or delayed), sell participations to one or more banks or other entities (a “Participant”), other than an Ineligible Assignee, in or to all or a portion of its rights and obligations under this
Agreement (including, without limitation, all or a portion of its Commitment, the Advances owing to it and any Note or Notes held by it); provided that, the Borrower shall be deemed to have consented to a sale of a participation unless
it shall have objected thereto by written notice to the Agent within five Business Days after having received notice thereof and provided further that no consent of the Borrower shall be required (1) to sell participations to a Lender, an
Affiliate of a Lender or an Approved Fund or (2) if an Event of Default has occurred and is continuing, to sell participations to any other Participant; provided, further, however, that (i) such Lender’s
obligations under this Agreement (including, without limitation, its Commitment to the Borrower hereunder) shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such
obligations, (iii) such Lender shall remain the holder of any such Note for all purposes of this Agreement, (iv) the Borrower, the Agent and the other Lenders shall continue to deal solely and directly with such Lender in connection with
such Lender’s rights and obligations under this Agreement and (v) no Participant under any such participation shall have any right to approve any amendment or waiver of any provision of this Agreement or any Note, or any consent to any

  
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departure by the Borrower therefrom, except to the extent that such amendment, waiver or consent would reduce the principal of, or interest on, the Notes or any fees or other amounts payable
hereunder, in each case to the extent subject to such participation, or, except as provided in Section 2.01(b), postpone any date fixed for any payment of principal of, or interest on, the Notes or any fees or other amounts payable
hereunder, in each case to the extent subject to such participation. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.12 and 2.15 (subject to the requirements and limitations therein, including
the requirements under Sections 2.15(g), (h) and (i) (it being understood that the documentation required under Sections 2.15(g), (h) and (i) shall be delivered to the participating
Lender)) to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to paragraph (a) of this Section; provided that such Participant (A) agrees to be subject to the provisions of
Sections 2.16 and 2.18 as if it were an assignee under paragraph (a) of this Section; and (B) shall not be entitled to receive any greater payment under Section 2.12, 2.15 or 8.04, with
respect to any participation, than its participating Lender would have been entitled to receive with respect to the rights transferred, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after
the Participant acquired the applicable participation. Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each
Participant and the principal amounts (and stated interest) of each Participant’s interest in the Advances or other obligations under this Agreement or under the Notes or any other documents to be delivered under this Agreement (the
“Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a
Participant’s interest in any Commitments, Advances or its other obligations hereunder or under any Note or any other documents to be delivered under this Agreement) to any Person other than the Borrower except to the extent that such
disclosure is necessary to establish that such Commitment, Advance or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent
manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of doubt,
the Agent (in its capacity as the Agent) shall have no responsibility for maintaining a Participant Register. 
 (f) Any Lender may, in
connection with any assignment, designation or participation or proposed assignment, designation or participation pursuant to this Section 8.07, disclose to the assignee, designee or participant or proposed assignee, designee or
participant, any information relating to the Borrower and its Affiliates furnished to such Lender by or on behalf of the Borrower; provided that, prior to any such disclosure, the assignee, designee or participant or proposed assignee,
designee or participant shall agree to preserve the confidentiality of any confidential information relating to the Borrower and its Affiliates received by it from such Lender. 

(g) Notwithstanding any other provision set forth in this Agreement, any Lender may at any time create a security interest in all or any
portion of its rights under this Agreement (including, without limitation, the Advances owing to it and the Note or Notes held by it), including in favor of any Federal Reserve Bank in accordance with Regulation A of the Board of Governors of the
Federal Reserve System. 

  
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 SECTION 8.08. Governing Law; Submission to Jurisdiction. This Agreement and each Note (if
any) shall be construed in accordance with and governed by the law of the State of New York. Each of the parties hereto hereby irrevocably and unconditionally submits to the exclusive jurisdiction and venue of the United States District Court for
the Southern District of New York and of any New York State court sitting in New York County, Borough of Manhattan, and any appellate court from any such federal or state court, for purposes of all suits, actions or legal proceedings arising out of
or relating to this Agreement or the transactions contemplated hereby; provided that each of the parties hereto agrees that (i) a final judgment in any such suit, action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by law and (ii) the Agent and each of the Lenders retain the right to bring actions or proceedings against Parent or the Borrower in the courts of any other jurisdiction in
connection with the exercise of any rights under any agreement related to collateral provided hereunder that is governed by laws other than the law of the State of New York or with respect to any collateral subject thereto. Each of the parties
hereto irrevocably waives, to the fullest extent permitted by law, any objection that it may now or hereafter have to the laying of the venue of any such proceeding brought in such a court and any claim that any such proceeding brought in such a
court has been brought in an inconvenient forum. 
 SECTION 8.09. Execution in Counterparts; Integration. This Agreement may be
executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery
of an executed counterpart of a signature page to this Agreement by telecopier or other electronic means shall be effective as delivery of a manually executed counterpart of this Agreement. This Agreement, the Notes, the Agent Fee Letter and the
other Fee Letters together constitute the entire agreement and understanding among the parties hereto with respect to the subject matter hereof and supersede any and all prior agreements and understandings, oral or written, relating to the subject
matter hereof. 
 SECTION 8.10. WAIVER OF JURY TRIAL. EACH OF PARENT, THE BORROWER, THE AGENT AND THE LENDERS HEREBY IRREVOCABLY
WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE NOTES OR THE ACTIONS OF THE AGENT OR ANY LENDER IN THE NEGOTIATION,
ADMINISTRATION, PERFORMANCE OR ENFORCEMENT THEREOF. 
 SECTION 8.11. Patriot Act. Each Lender hereby notifies Parent and the Borrower
that pursuant to the requirements of the Patriot Act, it is required to obtain, verify and record information that identifies Parent and the Borrower, which information includes the name and address of Parent and the Borrower and other information
that will allow such Lender to identify Parent and the Borrower in accordance with the Act. 
 SECTION 8.12. Headings. Article,
Section and other headings and the Table of Contents used herein are for convenience of reference only, are not part of this Agreement and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 

  
 59 

 SECTION 8.13. Confidentiality. 

(a) The Agent and each Lender agrees to maintain the confidentiality of the Information (as defined below), except that Information may be
disclosed (i) to its and its Affiliates’ directors, officers, employees and agents, including accountants, legal counsel and other advisors (it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential and informed on a need-to-know basis), (ii) to the extent requested by any governmental authority or self-regulatory body, (iii) to the extent
required by applicable laws or regulations, (iv) to the extent required by any subpoena or similar legal process provided that, in such case and in the case of each of clauses (ii) and (iii) above, the Agent or
such Lender as applicable shall use reasonable efforts, consistent with its normal practices, to notify the Borrower promptly thereof prior to disclosure of such Information, to the extent it is not prohibited from doing so by any law or regulation
or by such subpoena or legal process and other than in connection with a routine examination of such Lender by a regulatory body, (v) to any other party to this Agreement, (vi) in connection with the exercise of any remedies hereunder or
any suit, action or proceeding relating to this Agreement or the enforcement of rights hereunder, (vii) subject to an agreement containing provisions substantially the same as those of this Section 8.13, to (A) any assignee of
or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations under this Agreement (it being understood that such actual or prospective assignee or Participant will be informed of the confidential nature of
such Information and instructed to keep such Information confidential and informed on a need-to-know basis) or (B) any actual or prospective counterparty (or its advisors) to any swap or derivative transaction relating to the Borrower and its
obligations (it being understood that such actual or prospective counterparty will be informed of the confidential nature of such Information and instructed to keep such Information confidential and informed on a need-to-know basis),
(viii) with the consent of the Borrower or (ix) to the extent such Information (A) becomes publicly available other than as a result of a breach of this Section 8.13 or (B) becomes available to the Agent or any Lender
on a nonconfidential basis from a source other than the Borrower unless the Agent or such Lender, as applicable, shall have actual knowledge that such source was required to keep such Information confidential. For the purposes of this
Section 8.13, “Information” means all information received from Parent or the Borrower relating to Parent or the Borrower or their respective business, other than any such information that is available to the Agent or
any Lender on a nonconfidential basis prior to disclosure by Parent or the Borrower; provided that, in the case of information received from Parent or the Borrower after the date hereof, such information is either clearly identified at the
time of delivery as confidential or should, because of its nature, reasonably be understood to be confidential. Any Person required to maintain the confidentiality of Information as provided in this Section 8.13 shall be considered to
have complied with its obligation to do so if such Person has exercised the same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 

(b) Each Lender acknowledges that Information furnished to it pursuant to this Agreement may include material non-public information
concerning Parent, the Borrower and its Affiliates or their respective securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public
information in accordance with those procedures and applicable law, including Federal and state securities laws. 

  
 60 

 (c) All information, including requests for waivers and amendments, furnished by Parent, the
Borrower or the Agent pursuant to, or in the course of administering, this Agreement will be syndicate-level information, which may contain material non-public information about Parent, the Borrower and its Affiliates or their respective securities.
Accordingly, each Lender represents to Parent, the Borrower and the Agent that it has identified in its Administrative Questionnaire a credit contact who may receive information that may contain material non-public information in accordance with its
compliance procedures and applicable law, including Federal and state securities laws. 
 SECTION 8.14. Conversion of Currencies.

 (a) If, for the purpose of obtaining judgment in any court, it is necessary to convert a sum owing hereunder in one currency into another
currency, each party hereto agrees, to the fullest extent that it may effectively do so, that the rate of exchange used shall be that at which in accordance with normal banking procedures in the relevant jurisdiction the first currency could be
purchased with such other currency on the Business Day immediately preceding the day on which final judgment is given. 
 (b) The
obligations of the Borrower in respect of any sum due to any party hereto or any holder of the obligations owing hereunder (the “Applicable Creditor”) shall, notwithstanding any judgment in a currency (the “Judgment
Currency”) other than the currency in which such sum is stated to be due hereunder (the “Agreement Currency”), be discharged only to the extent that, on the Business Day following receipt by the Applicable Creditor of any
sum adjudged to be so due in the Judgment Currency, the Applicable Creditor may in accordance with normal banking procedures in the relevant jurisdiction purchase the Agreement Currency with the Judgment Currency; if the amount of the Agreement
Currency so purchased is less than the sum originally due to the Applicable Creditor in the Agreement Currency, the Borrower agrees, as a separate obligation and notwithstanding any such judgment, to indemnify the Applicable Creditor against such
loss. The obligations of the Borrower contained in this Section 8.14 shall survive the termination of this Agreement and the payment of all other amounts owing hereunder. 

SECTION 8.15. Acknowledgement and Consent to Bail-In of EEA Financial Institutions. Notwithstanding anything to the contrary in this
Agreement, in any Note or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA Financial Institution arising under this Agreement or in any Note may be subject to
the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: 

(a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising
hereunder which may be payable to it by any party hereto that is an EEA Financial Institution; and 

  
 61 

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

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

GUARANTEE 
 SECTION 9.01. The
Guarantee. Parent hereby guarantees to each Lender and the Agent and their respective successors and assigns the prompt payment in full when due (whether by acceleration or otherwise) of all principal of and interest on the Advances made by the
Lenders to the Borrower pursuant to this Agreement payable by the Borrower pursuant to this Agreement and all other amounts from time to time owing to the Lenders or the Agent by the Borrower under this Agreement, strictly in accordance with the
terms hereof (such obligations being herein collectively called the “Guaranteed Obligations”). Parent hereby further agrees that if the Borrower shall fail to pay in full when due (whether by acceleration or otherwise) any of the
Guaranteed Obligations, Parent will promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when
due (whether by acceleration or otherwise) in accordance with the terms of such extension or renewal. 
 SECTION 9.02. Obligations
Unconditional. The obligations of Parent under Section 9.01 are absolute and unconditional, irrespective of the value, genuineness, validity, regularity or enforceability of the obligations of the Borrower under this Agreement or any
other agreement or instrument referred to herein, or any substitution, release or exchange of any other guarantee of or security for any of the Guaranteed Obligations, and, to the fullest extent permitted by applicable law, irrespective of any other
circumstance whatsoever that might otherwise constitute a legal or equitable discharge or defense of a surety or guarantor, it being the intent of this Section that the obligations of Parent hereunder shall be absolute and unconditional under any
and all circumstances. Without limiting the generality of the foregoing, it is agreed that the occurrence of any one or more of the following shall not alter or impair the liability of Parent hereunder, which shall remain absolute and unconditional
as described above: 
 (i) at any time or from time to time, without notice to Parent, the time for any performance of or
compliance with any of the Guaranteed Obligations shall be extended, or such performance or compliance shall be waived; 

  
 62 

 (ii) any of the acts mentioned in any of the provisions of this Agreement or any
other agreement or instrument referred to herein shall be done or omitted; 
 (iii) the maturity of any of the Guaranteed
Obligations shall be accelerated, or any of the Guaranteed Obligations shall be modified, supplemented or amended in any respect, or any right under this Agreement or any other agreement or instrument referred to herein shall be waived or any other
guarantee of any of the Guaranteed Obligations or any security therefor shall be released or exchanged in whole or in part or otherwise dealt with; or 

(iv) any lien or security interest granted to, or in favor of, the Agent or any Lender or Lenders as security for any of the
Guaranteed Obligations shall fail to be perfected. 
 With respect to its obligations under this Article, Parent hereby expressly waives
diligence, presentment, demand of payment, protest and all notices whatsoever, and any requirement that the Agent or any Lender exhaust any right, power or remedy or proceed against the Borrower under this Agreement or any other agreement or
instrument referred to herein, or against any other Person under any other guarantee of, or security for, any of the Guaranteed Obligations. 

SECTION 9.03. Reinstatement. The obligations of Parent under this Article shall be automatically reinstated if and to the extent that
for any reason any payment by or on behalf of the Borrower in respect of the Guaranteed Obligations is rescinded or must be otherwise restored by any holder of any of the Guaranteed Obligations, whether as a result of any proceedings in bankruptcy
or reorganization or otherwise, and Parent agrees that it will indemnify the Agent and each Lender on demand for all reasonable and invoiced out-of-pocket fees, charges and expenses of counsel retained by the Agent or such Lender in connection with
such rescission or restoration (whether through negotiations, legal proceedings or otherwise), including any such fees, charges and expenses incurred in defending against any claim alleging that such payment constituted a preference, fraudulent
transfer or similar payment under any bankruptcy, insolvency or similar law. 
 SECTION 9.04. Subrogation. Parent hereby agrees that
until the payment and satisfaction in full of all Guaranteed Obligations and the expiration and termination of the Commitments of the Lenders under this Agreement it shall not exercise any right or remedy arising by reason of any performance by it
of its guarantee in Section 9.01, whether by subrogation or otherwise, against the Borrower of any of the Guaranteed Obligations or any security for any of the Guaranteed Obligations. 

SECTION 9.05. Remedies. Parent agrees that, as between Parent on the one hand and the Agent and the Lenders on the other, the
obligations of the Borrower under this Agreement may be declared to be forthwith due and payable as provided in Article VI (and shall be deemed to have become automatically due and payable in the circumstances provided in Article VI)
for purposes of Section 9.01 notwithstanding any stay, injunction or other prohibition preventing such declaration (or such obligations from becoming automatically due and payable) as against the Borrower and that, in the event of such
declaration (or such obligations being 
 deemed to have become automatically due and payable), such obligations (whether or not due and payable by the
Borrower) shall forthwith become due and payable by Parent for purposes of Section 9.01. 

  
 63 

 SECTION 9.06. Instrument for the Payment of Money. Parent hereby acknowledges that the
guarantee in this Article constitutes an instrument for the payment of money, and consents and agrees that any Lender or the Agent, at its sole option, in the event of a dispute by Parent in the payment of any moneys due hereunder, shall have the
right to bring motion action under New York CPLR Section 3213. 
 SECTION 9.07. Continuing Guarantee. The guarantee in this
Article is a continuing guarantee, and shall apply to all Guaranteed Obligations whenever arising. 
 [Remainder of Page Intentionally
Left Blank; Signature Pages Follow] 

  
 64 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their
respective officers thereunto duly authorized, as of the date first above written. 
  

			
	SPECTRA ENERGY CAPITAL, LLC, as Borrower
		
	By:	 	/s/ Laura J. Buss Sayavedra
	Name:	 	Laura J. Buss Sayavedra
	Title:	 	Vice President and Treasurer

  

			
	SPECTRA ENERGY CORP, as Parent
		
	By:	 	/s/ Laura J. Buss Sayavedra
	Name:	 	Laura J. Buss Sayavedra
	Title:	 	Vice President and Treasurer

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 CITIBANK, N.A.,
 as the Agent and as
a Lender

		
	By:	 	/s/ Maureen Maroney
	Name:	 	Maureen Maroney
	Title:	 	Vice President

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 BMO HARRIS BANK N.A.,
 as a
Lender

		
	By:	 	/s/ Gumaro Tijerina
	Name:	 	Gumaro Tijerina
	Title:	 	Managing Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 BANK OF AMERICA, N.A.,
 as a
Lender

		
	By:	 	/s/ Michael Clayborne
	Name:	 	Michael Clayborne
	Title:	 	Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 BARCLAYS BANK PLC,
 as a
Lender

		
	By:	 	/s/ May Huang
	Name:	 	May Huang
	Title:	 	Assistant Vice President

 [Signature Page to 364-Day Credit Agreement] 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender
		
	By:	 	/s/ Vipul Dhadda
	Name:	 	Vipul Dhadda
	Title:	 	Authorized Signatory
		
	By:	 	/s/ Joan Park
	Name:	 	Joan Park
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 JPMORGAN CHASE BANK, N.A.,
 as a
Lender

		
	By:	 	/s/ Bridget Killackey
	Name:	 	Bridget Killackey
	Title:	 	Executive Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 MIZUHO BANK, LTD.,
 as a
Lender

		
	By:	 	/s/ Leon Mo
	Name:	 	Leon Mo
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 ROYAL BANK OF CANADA,
 as a
Lender

		
	By:	 	/s/ Jason S. York
	Name:	 	Jason S. York
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	THE TORONTO DOMINION BANK, NEW YORK BRANCH, as a Lender
		
	By:	 	/s/ Savo Bozic
	Name:	 	Savo Bozic
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 THE BANK OF NOVA SCOTIA,
 as a
Lender

		
	By:	 	/s/ Alfredo Brahim
	Name:	 	Alfredo Brahim
	Title:	 	Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., as a Lender
		
	By:	 	/s/ Sherwin Brandford
	Name:	 	Sherwin Brandford
	Title:	 	Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	CANADIAN IMPERIAL BANK OF COMMERCE - NEW YORK BRANCH, as a Lender
		
	By:	 	/s/ Richard Antl
	Name:	 	Richard Antl
	Title:	 	Authorized Signatory
		
	By:	 	/s/ William Reid
	Name:	 	William Reid
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 WELLS FARGO BANK, N.A.,
 as a
Lender

		
	By:	 	/s/ Doug McDowe1l
	Name:	 	Doug McDowe1l
	Title:	 	Managing Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 DEUTSCHE BANK AG NEW YORK BRANCH,

as a Lender

		
	By:	 	/s/ Ming K Chu
	Name:	 	Ming K Chu
	Title:	 	Director
		
	By:	 	/s/ Virginia Cosenza
	Name:	 	Virginia Cosenza
	Title:	 	Vice President

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 GOLDMAN SACHS BANK USA,
 as a
Lender

		
	By:	 	/s/ Josh Rosenthal
	Name:	 	Josh Rosenthal
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 MORGAN STANLEY BANK, N.A.,
 as a
Lender

		
	By:	 	/s/ Michael King
	Name:	 	Michael King
	Title:	 	Authorized Signatory

 [Signature Page to 364-Day Credit Agreement] 

 
			
	SUMITOMO MITSUI BANKING CORPORATION, as a Lender
		
	By:	 	/s/ David Kee
	Name:	 	David Kee
	Title:	 	Managing Director

 [Signature Page to 364-Day Credit Agreement] 

 
			
	 SUNTRUST BANK,
 as a
Lender

		
	By:	 	/s/ Shannon Juhan
	Name:	 	Shannon Juhan
	Title:	 	Director

 [Signature Page to 364-Day Credit Agreement] 

 SCHEDULE 2.01 

COMMITMENT SCHEDULE 
  

					
	 Lender
	  	Commitment	 
	 Citibank, N.A.
	  	$	137,500,000	  
	 BMO Harris Bank N.A.
	  	$	137,500,000	  
	 Bank of America, N.A.
	  	$	122,000,000	  
	 Barclays Bank PLC
	  	$	122,000,000	  
	 Credit Suisse AG, Cayman Islands Branch
	  	$	122,000,000	  
	 JPMorgan Chase Bank, N.A.
	  	$	122,000,000	  
	 Mizuho Bank, Ltd.
	  	$	122,000,000	  
	 Royal Bank of Canada
	  	$	122,000,000	  
	 The Toronto Dominion Bank, New York Branch
	  	$	122,000,000	  
	 The Bank of Nova Scotia
	  	$	122,000,000	  
	 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
	  	$	122,000,000	  
	 Canadian Imperial Bank of Commerce—New York Branch
	  	$	122,000,000	  
	 Wells Fargo Bank, N.A.
	  	$	122,000,000	  
	 Deutsche Bank AG New York Branch
	  	$	87,500,000	  
	 Goldman Sachs Bank USA
	  	$	87,500,000	  
	 Morgan Stanley Bank, N.A.
	  	$	87,500,000	  
	 Sumitomo Mitsui Banking Corporation
	  	$	87,500,000	  
	 SunTrust Bank
	  	$	33,000,000	  
		  	  
	  
	 
	 TOTAL
	  	$	2,000,000,000	  
		  	  
	  
	 

 EXHIBIT A-1 – FORM OF 

REVOLVING ADVANCE NOTE 

PROMISSORY NOTE 
  

			
	$                    	  	Dated:                    , 201        

 FOR VALUE RECEIVED, the undersigned, SPECTRA ENERGY CAPITAL, LLC, a Delaware limited liability company (the
“Borrower”), HEREBY PROMISES TO PAY to [                    ] or its registered assignees (the “Lender”) for
the account of its Applicable Lending Office on the Revolving Credit Termination Date (each as defined in the Credit Agreement referred to below), subject to the Borrower’s option to exercise the Term Conversion (as defined in the Credit
Agreement), the principal sum of $[amount of the Lender’s Commitment in figures] or, if less, the aggregate principal amount of the Revolving Advances (as defined in the Credit Agreement) made by the Lender to the Borrower pursuant to the
364-Day Credit Agreement dated as of September 29, 2016, among the Borrower, Spectra Energy Corp, the Lender and certain other lenders parties thereto, and Citibank, N.A., as Agent for the Lender and such other lenders (as amended, restated,
amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms defined therein being used herein as therein defined), outstanding on the Revolving Credit Termination Date. 

The Borrower promises to pay interest on the unpaid principal amount of each Revolving Advance from the date of such Revolving Advance until
such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement. 
 Both
principal and interest are payable in lawful money of the United States of America to Citibank, N.A., as Agent, at the Agent’s Account, in same day funds. Each Revolving Advance owing to the Lender by the Borrower pursuant to the Credit
Agreement, and all payments made on account of principal thereof, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto that is part of this Promissory Note; provided that the failure to make
a notation of any such Revolving Advance or payment made on this Promissory Note shall not limit or otherwise affect the obligations of the Borrower hereunder with respect to payments of principal of or interest on this Promissory Note. 

This Promissory Note is one of the Revolving Advance Notes referred to in, and is entitled to the benefits of, the Credit Agreement. The
Credit Agreement, among other things, (i) provides for the making of Revolving Advances by the Lender to the Borrower from time to time in an aggregate amount not to exceed at any time outstanding the dollar amount first above mentioned, the
indebtedness of the Borrower resulting from each such Revolving Advance by the Lender being evidenced by this Promissory Note, and (ii) contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and
also for prepayments on account of principal hereof prior to the maturity hereof upon the terms and conditions therein specified. 
 This
Promissory Note shall be construed in accordance with and governed by the law of the State of New York. 

  
 Exhibit A-1-1 

 As provided in the Credit Agreement, the Borrower hereby irrevocably and unconditionally submits
to the exclusive jurisdiction and venue of the United States District Court for the Southern District of New York and of any New York State court sitting in New York County, Borough of Manhattan, and any appellate court from any such federal or
state court, for purposes of all suits, actions or legal proceedings arising out of or relating to the Credit Agreement, this Promissory Note or the transactions contemplated thereby; provided that a final judgment in any such suit, action or
proceeding shall be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 

The terms of this Promissory Note are subject to amendment only in the manner provided in the Credit Agreement. The Borrower promises to pay
all reasonable and invoiced out-of-pocket fees, charges and expenses, all as provided in the Credit Agreement, of counsel retained by the Lender in connection with the collection and enforcement of this Promissory Note (whether through negotiations,
legal proceedings or otherwise). The Borrower and any endorsers of this Promissory Note hereby consent to renewals and extensions of time at or after the maturity hereof, without notice, and hereby waive diligence, presentment, protest, demand,
notice of every kind and, to the full extent permitted by law, the right to plead any statute of limitations as a defense to any demand hereunder. 

IN WITNESS WHEREOF, the Borrower has caused this Promissory Note to be duly executed and delivered by its officer thereunto duly authorized as
of the date first above written. 
  

			
	SPECTRA ENERGY CAPITAL, LLC
		
	By:	 	 
	Name:	 	
	Title:	 	

  
 Exhibit A-1-2 

 REVOLVING ADVANCES AND PAYMENTS OF PRINCIPAL 

 

									
	 Date
	  	 Amount of

Revolving

Advance
	  	 Amount of

Principal Paid or

Prepaid
	  	 Unpaid Principal

Balance
	  	 Notation Made By

					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	
					
		  		  		  		  	

  
 Exhibit A-1-3 

 EXHIBIT A-2 – FORM OF 

TERM ADVANCE NOTE 
 PROMISSORY
NOTE 
  

			
	$                    	  	Dated:                    , 201        

 FOR VALUE RECEIVED, the undersigned, SPECTRA ENERGY CAPITAL, LLC, a Delaware limited liability company (the
“Borrower”), HEREBY PROMISES TO PAY to [                    ] or its registered assignees (the “Lender”) for
the account of its Applicable Lending Office on the Termination Date (each as defined in the Credit Agreement referred to below), the principal sum of $[amount of the Lender’s Term Advance in figures], which amount is owed to such Lender
pursuant to the 364-Day Credit Agreement dated as of September 29, 2016, among the Borrower, Spectra Energy Corp, the Lender and certain other lenders parties thereto, and Citibank, N.A., as Agent for the Lender and such other lenders (as
amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms defined therein being used herein as therein defined). 

The Borrower promises to pay interest on the unpaid principal amount of the Term Advances owing to the Lender from the Term Conversion Date
until such principal amount is paid in full, at such interest rates, and payable at such times, as are specified in the Credit Agreement. 

Both principal and interest are payable in lawful money of the United States of America to Citibank, N.A., as Agent, at the Agent’s
Account, in same day funds. All payments made on account of the principal amount of the Term Advances owing to the Lender, shall be recorded by the Lender and, prior to any transfer hereof, endorsed on the grid attached hereto that is part of this
Promissory Note; provided that the failure to make a notation of any such payment made on this Promissory Note shall not limit or otherwise affect the obligations of the Borrower hereunder with respect to payments of principal of or interest
on this Promissory Note. 
 This Promissory Note is one of the Term Advance Notes referred to in, and is entitled to the benefits of, the
Credit Agreement. The Credit Agreement, among other things, contains provisions for acceleration of the maturity hereof upon the happening of certain stated events and also for prepayments on account of principal hereof prior to the maturity hereof
upon the terms and conditions therein specified. 
 This Promissory Note shall be construed in accordance with and governed by the law of
the State of New York. 
 As provided in the Credit Agreement, the Borrower hereby irrevocably and unconditionally submits to the exclusive
jurisdiction and venue of the United States District Court for the Southern District of New York and of any New York State court sitting in New York County, Borough of Manhattan, and any appellate court from any such federal or state court, for
purposes of all suits, actions or legal proceedings arising out of or relating to the Credit Agreement, this Promissory Note or the transactions contemplated thereby; provided that a final judgment in any such suit, action or proceeding shall
be conclusive and may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. 

  
 Exhibit A-2-1 

 The terms of this Promissory Note are subject to amendment only in the manner provided in the
Credit Agreement. The Borrower promises to pay all reasonable and invoiced out-of-pocket fees, charges and expenses, all as provided in the Credit Agreement, of counsel retained by the Lender in connection with the collection and enforcement of this
Promissory Note (whether through negotiations, legal proceedings or otherwise). The Borrower and any endorsers of this Promissory Note hereby consent to renewals and extensions of time at or after the maturity hereof, without notice, and hereby
waive diligence, presentment, protest, demand, notice of every kind and, to the full extent permitted by law, the right to plead any statute of limitations as a defense to any demand hereunder. 

IN WITNESS WHEREOF, the Borrower has caused this Promissory Note to be duly executed and delivered by its officer thereunto duly authorized as
of the date first above written. 
  

			
	SPECTRA ENERGY CAPITAL, LLC
		
	By:	 	 
	Name:	 	
	Title:	 	

  
 Exhibit A-2-2 

 PAYMENTS OF PRINCIPAL 
  

							
	 Date
	  	 Amount of

Principal Paid or

Prepaid
	  	 Unpaid Principal

Balance
	  	 Notation Made By

				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	
				
		  		  		  	

  
 Exhibit A-2-3 

 EXHIBIT B – FORM OF 

NOTICE OF BORROWING 
 NOTICE OF
BORROWING 
 [Date] 
 Citibank, N.A., as Agent 

for the Lenders parties 
 to the Credit Agreement 

referred to below 

Attention:                     

Ladies and Gentlemen: 
 The undersigned, Spectra
Energy Capital, LLC, refers to the 364-Day Credit Agreement, dated as of September 29, 2016 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”; the terms
defined therein being used herein as therein defined), among the undersigned, Spectra Energy Corp, certain Lenders parties thereto and Citibank, N.A., as Agent for said Lenders, and hereby gives you notice, irrevocably, pursuant to
Section 2.02 of the Credit Agreement that 
 [the undersigned hereby notifies you of its election to exercise the Term
Conversion on the Revolving Credit Termination Date pursuant to Section 2.01(b) of the Credit Agreement.]1 

[the undersigned hereby requests a Borrowing of Revolving Advances under the Credit Agreement, and in that connection sets forth below the
information relating to such Borrowing (the “Proposed Borrowing”) as required by Section 2.02(a) of the Credit Agreement: 

(i) The Business Day of the Proposed Borrowing is
                    , 201    . 

(ii) The Type of Advances comprising the Proposed Borrowing is [Base Rate Advances] [Eurodollar Rate Advances]. 

(iii) The aggregate amount of the Proposed Borrowing is
$                    . 

[(iv) The initial Interest Period for each Eurodollar Rate Advance made as part of the Proposed Borrowing is
         month[s].] 
  

	1 	Bracketed text to be used for the Term Conversion 

  
 Exhibit B-1 

 The undersigned hereby certifies that the following statements are true on the date hereof, and
will be true on the date of the Proposed Borrowing: 
 (A) the representations and warranties contained in Section 4.01 of the
Credit Agreement 2[(except the representations set forth in Section 4.01(d)(iii), Section 4.01(f)) and Section 4.01(g) (provided that, in the case of
Section 4.01(g), the exception shall apply solely with respect to Environmental Laws))] are correct 3[in all material respects (except for those representations and warranties
qualified by “materiality,” “Material Adverse Effect” or a like qualification, which shall be correct in all respects)], before and after giving effect to the Proposed Borrowing and to the application of the proceeds
therefrom, as though made on and as of such date (except for those representations and warranties that specifically relate to a prior date, which shall have been correct on such prior date); and 

(B) no event has occurred and is continuing, or would result from such Proposed Borrowing or from the application of the proceeds therefrom,
that constitutes a Default or an Event of Default.]4 
  

			
	Very truly yours,
	
	SPECTRA ENERGY CAPITAL, LLC
		
	By:	 	 
	Title:	 	

  

	2 	Insert bracketed text for borrowings after the initial funding. 

	3 	Insert bracketed text for borrowings after the initial funding. 

	4 	Bracketed text to be used for all Notices of Borrowing (other than the Term Conversion). 

  
 Exhibit B-2 

 EXHIBIT C - FORM OF 

ASSIGNMENT AND ACCEPTANCE 

ASSIGNMENT AND ACCEPTANCE 

This Assignment and Acceptance (the “Assignment and Acceptance”) is dated as of the Effective Date set forth below and is
entered into by and between [NAME OF ASSIGNOR] (the “Assignor”) and [NAME OF ASSIGNEE] (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement
identified below (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and
Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Acceptance as if set forth herein in full. 

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases
and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Agent as contemplated below (i) all of the Assignor’s rights and
obligations in its capacity as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and
obligations of the Assignor under the respective facilities identified below and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a
Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related
to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the
rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor
and, except as expressly provided in this Assignment and Acceptance, without representation or warranty by the Assignor. 
  

							
	1.	  	Assignor:                    	 		 	
				
	2.	  	Assignee:	 	 	 	
		  		 	[and is a Lender/an Affiliate of [identify Lender]/an Approved Fund]
			
	3.	  	Borrower:	 	Spectra Energy Capital, LLC, a Delaware limited liability company
			
	4.	  	Agent:	 	Citibank, N.A., as administrative agent under the Credit Agreement

  
 Exhibit C-1 

					
			
	5.	  	Credit Agreement:	 	364-Day Credit Agreement dated as of September 29, 2016, among Borrower, Spectra Energy Corp, a Delaware corporation, Agent and the other Lenders party thereto

  

	6.	Assigned Interest: 

  

					
	 Aggregate Amount of

Commitment/Advances

for all Lenders
	  	 Amount of

Commitment/Advances

Assigned
	  	 Percentage Assigned of

Commitment/Advances1

	 $
	  	$	  	%

  

	7.	Assignee’s Domestic 

 Lending
Office:                             

 

	8.	Assignee’s Eurodollar 

 Lending
Office:                             

Effective Date:
                        , 20             [TO BE
INSERTED BY AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
 The Assignee agrees to deliver to the Agent
a completed Administrative Questionnaire in which the Assignee designates one or more credit contacts to whom all syndicate-level information (which may contain material non-public information about the Borrower and its Affiliates or their
respective securities) will be made available and who may receive such information in accordance with the Assignee’s compliance procedures and applicable laws, including Federal and state securities laws. 

 

			
	ASSIGNOR
	
	[NAME OF ASSIGNOR],
		
	        by	 	 
		 	Name:
		 	Title:

  

	1 	Set forth, to at least 9 decimals, as a percentage of the Commitment (or if the Term Conversion has occurred, as a percentage of the Term Advances) of all Lenders thereunder. 

  
 Exhibit C-2 

 
			
	ASSIGNEE
	
	[NAME OF ASSIGNEE],
		
	        by	 	 
		 	Name:
		 	Title:

 Consented to and Accepted: 
  

			
	 CITIBANK, N.A., as Agent,

		
	        by	 	 
		 	Name:
		 	Title:

 [Consented to:]2 

 

			
	SPECTRA ENERGY CAPITAL, LLC
		
	        by	 	 
		 	Name:
		 	Title:

  

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

  
 Exhibit C-3 

 Standard Terms And Conditions For 

Assignment And Assumption 

1. Representations and Warranties. 

1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned
Interest, (ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Acceptance and
to consummate the transactions contemplated hereby; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement, (ii) the execution, legality,
validity, enforceability, genuineness, sufficiency or value of the Credit Agreement or any collateral thereunder, (iii) the financial condition of Parent, the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in
respect of the Credit Agreement or (iv) the performance or observance by Parent, the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under the Credit Agreement. 

1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all action
necessary, to execute and deliver this Assignment and Acceptance and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the Credit
Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and, to
the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received and/or had the opportunity to review a copy of the Credit Agreement to the extent it has in its sole discretion deemed necessary,
together with copies of the most recent financial statements delivered pursuant to Section 5.01(a) and 5.01(b) thereof, as applicable, and such other documents and information as it has in its sole discretion deemed appropriate to
make its own credit analysis and decision to enter into this Assignment and Acceptance and to purchase the Assigned Interest on the basis of which it has made such analysis and decision independently and without reliance on the Agent or any other
Lender, and (v) if it is a Lender that is organized under the laws of a jurisdiction other than the United States of America or any State thereof or the District of Columbia, attached to the Assignment and Acceptance is any documentation
required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and without reliance on the Agent, the Assignor or any other Lender,
and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Agreement, and (ii) it will perform in accordance with their terms
all of the obligations that by the terms of the Credit Agreement are required to be performed by it as a Lender. 
 2. Payments. From
and after the Effective Date, the Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts that have accrued to but excluding the Effective Date
and to the Assignee for amounts that have accrued from and after the Effective Date. 

  
 Annex 1 to Assignment and
Acceptance - 1 

 3. General Provisions. This Assignment and Acceptance shall be binding upon, and inure to
the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Acceptance may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and all of which taken
together shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page of this Assignment and Acceptance by telecopy or other electronic means shall be effective as delivery of a manually executed counterpart
of this Assignment and Acceptance. This Assignment and Acceptance shall be governed by, and construed in accordance with, the law of the State of New York. 

  
 Annex 1 to Assignment and
Acceptance - 2 

 EXHIBIT D-1 - FORM OF 

U.S. TAX CERTIFICATE 
 (For Foreign
Lenders That For U.S. Federal Income Tax Purposes Are Neither (i) Partnerships Nor (ii) Disregarded Entities Whose Tax Owner is a Partnership) 

Reference is hereby made to that certain 364-Day Credit Agreement dated as of September 29, 2016 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Spectra Energy Capital, LLC (the “Borrower”), Spectra Energy Corp, certain Lenders parties thereto and Citibank, N.A., as
Agent for said Lenders. 
 Pursuant to the provisions of Section 2.15 of the Credit Agreement, the undersigned (or if the Lender is a
disregarded entity for U.S. federal income tax purposes, the Lender’s tax owner (“Tax Owner”)) hereby certifies that (i) the Lender is the sole record owner of the loan(s) (as well as any note(s) evidencing such loan(s)) or
obligations in respect of which it is providing this certificate, (ii) the Lender (or its Tax Owner) is the sole beneficial owner of such loan(s) (as well as any note(s) evidencing such loan(s)) or obligations, and (iii) the Lender (and,
if the Lender is a disregarded entity for U.S. federal income tax purposes, its Tax Owner) is not a (A) bank within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code, (B) ten-percent shareholder of the Borrower within
the meaning of Section 871(h)(3)(B) of the Internal Revenue Code, or (C) controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Internal Revenue Code. 

The undersigned (or its Tax Owner) has furnished the Agent and the Borrower with a certificate of its non-U.S. person status on Internal
Revenue Service Form W-8BEN or W-8BEN-E (as applicable). By executing this certificate, the undersigned agrees that (i) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Agent
and (ii) the undersigned shall have at all times furnished the Borrower and the Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either
of the two calendar years preceding such payments. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein
shall have the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF LENDER] (the “Lender”)
		
	By:	 	 
		 	Name:
		 	Title: [Tax Owner, if the Lender is a disregarded entity]

 Date:                  ,
20         

  
 Exhibit D-1 - 1 

 EXHIBIT D-2 - FORM OF 

U.S. TAX CERTIFICATE 
 (For Foreign
Lenders That For U.S. Federal Income Tax Purposes Are (i) Partnerships or (ii) Disregarded Entities Whose Tax Owner is a Partnership) 

Reference is hereby made to that certain 364-Day Credit Agreement dated as of September 29, 2016 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Spectra Energy Capital, LLC (the “Borrower”), Spectra Energy Corp, certain Lenders parties thereto and Citibank, N.A., as
Agent for said Lenders. 
 Pursuant to the provisions of Section 2.15 of the Credit Agreement, the undersigned (or if the Lender is a
disregarded entity for U.S. federal income tax purposes, the Lender’s tax owner (“Tax Owner”)) hereby certifies that (i) the Lender is the sole record owner of the loan(s) (as well as any note(s) evidencing such loan(s)) or
obligations in respect of which it is providing this certificate, (ii) the Lender’s (or its Tax Owner’s) direct or indirect partners/members are the sole beneficial owners of such loan(s) (as well as any note(s) evidencing such
loan(s)) or obligations, (iii) with respect to the extension of credit pursuant to the Credit Agreement or any Notes, neither the Lender, its Tax Owner (if the Lender is a disregarded entity for U.S. federal income tax purposes) nor any of the
Lender’s (or its Tax Owner’s) direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the
Internal Revenue Code, (iv) none of the Lender’s direct or indirect partners/members (and, if the Lender is a disregarded entity for U.S. federal tax purposes, none of its Tax Owner’s direct or indirect partners/members) is a
ten-percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Internal Revenue Code, and (v) none of the Lender’s direct or indirect partners/members (and, if the Lender is a disregarded entity for U.S.
federal income tax purposes, none of its Tax Owner’s direct or indirect partners/members) is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Internal Revenue Code. 

The undersigned (or its Tax Owner) has furnished the Agent and the Borrower with Internal Revenue Service Form W-8IMY accompanied by one of
the following forms from each of its (or its Tax Owner’s) partners/members claiming the portfolio interest exemption: (i) Internal Revenue Service Form W-8BEN or W-8BEN-E (as applicable) (ii) Internal Revenue Service Form W-8IMY
accompanied by an Internal Revenue Service Form W-8BEN or W-8BEN-E (as applicable) from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned
agrees that (i) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the Agent and (ii) the undersigned shall have at all times furnished the Borrower and the Agent with a
properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit
Agreement. 

  
 Exhibit D-2 - 1 

			
	[NAME OF LENDER] (the “Lender”)
		
	By:	 	 
		 	Name:
		 	Title: [Tax Owner, if the Lender is a disregarded entity]

 Date:                  ,
20        . 

  
 Exhibit D-2 - 2 

 EXHIBIT D-3 - FORM OF 

U.S. TAX CERTIFICATE 
 (For Foreign
Participants That For U.S. Federal Income Tax Purposes Are Neither (i) Partnerships Nor (ii) Disregarded Entities Whose Tax Owner is a Partnership) 

Reference is hereby made to that certain 364-Day Credit Agreement dated as of September 29, 2016 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Spectra Energy Capital, LLC (the “Borrower”), Spectra Energy Corp, certain Lenders parties thereto and Citibank, N.A., as
Agent for said Lenders. 
 Pursuant to the provisions of Section 2.15 of the Credit Agreement, the undersigned (or if the Participant
is a disregarded entity for U.S. federal income tax purposes, the Participant’s tax owner (“Tax Owner”)) hereby certifies that (i) the Participant is the sole record owner of the participation in respect of which it is providing
this certificate, (ii) the Participant (or, if the Participant is a disregarded entity for U.S. federal income tax purposes, its Tax Owner) is the sole beneficial owner of such participation, and (iii) the Participant (and, if the
Participant is a disregarded entity for U.S. federal income tax purposes, its Tax Owner) is not a (A) bank within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code, (B) ten-percent shareholder of the Borrower within the
meaning of Section 871(h)(3)(B) of the Internal Revenue Code, or (C) controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Internal Revenue Code. 

The undersigned (or its Tax Owner) has furnished its participating Lender with a certificate of its non-U.S. person status on Internal Revenue
Service Form W-8BEN or W-8BEN-E (as applicable). By executing this certificate, the undersigned agrees that (i) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing and
(ii) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two
calendar years preceding such payments. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have
the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF PARTICIPANT] (the “Participant”)
		
	By:	 	 
		 	Name:
		 	Title: [Tax Owner, if the Participant is a disregarded entity]

 Date:                  ,
20         

  
 Exhibit D-3 - 1 

 EXHIBIT D-4 - FORM OF 

U.S. TAX CERTIFICATE 
 (For Foreign
Participants That For U.S. Federal Income Tax Purposes Are (i) Partnerships or (ii) Disregarded Entities Whose Tax Owner is a Partnership ) 

Reference is hereby made to that certain 364-Day Credit Agreement dated as of September 29, 2016 (as amended, restated, amended and
restated, supplemented or otherwise modified from time to time, the “Credit Agreement”) among Spectra Energy Capital, LLC (the “Borrower”), Spectra Energy Corp, certain Lenders parties thereto and Citibank, N.A., as
Agent for said Lenders. 
 Pursuant to the provisions of Section 2.15 of the Credit Agreement, the undersigned (or if the Participant
is a disregarded entity for U.S. federal income tax purposes, the Participant’s tax owner (“Tax Owner”)) hereby certifies that (i) the Participant is the sole record owner of the participation in respect of which it is providing
this certificate, (ii) the Participant’s (or its Tax Owner’s) direct or indirect partners/members are the sole beneficial owners of such participation, (iii) with respect to such participation, neither the undersigned, its Tax
Owner (if the Participant is a disregarded entity for U.S. federal income tax purposes) nor any of its (or its Tax Owner’s) direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary
course of its trade or business within the meaning of Section 881(c)(3)(A) of the Internal Revenue Code, (iv) none of the Participant’s direct or indirect partners/members (and, if the Participant is a disregarded entity for U.S.
federal income tax purposes, none of its Tax Owner’s direct or indirect partners/members) is a ten-percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Internal Revenue Code, and (v) none of the
Participant’s direct or indirect partners/members (and, if the Participant is a disregarded entity for U.S. federal income tax purposes, none of its Tax Owner’s direct or indirect partners/members) is a controlled foreign corporation
related to the Borrower as described in Section 881(c)(3)(C) of the Internal Revenue Code. 
 The undersigned (or its Tax Owner) has
furnished its participating Lender with Internal Revenue Service Form W-8IMY accompanied by one of the following forms from each of its (or its Tax Owner’s) partners/members claiming the portfolio interest exemption: (i) Internal Revenue
Service Form W-8BEN or W-8BEN-E (as applicable) or (ii) Internal Revenue Service Form W-8IMY accompanied by an Internal Revenue Service Form W-8BEN or W-8BEN-E (as applicable) from each of such partner’s/member’s beneficial owners
that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (i) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (ii) the
undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years
preceding such payments. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings
given to them in the Credit Agreement. 

  
 Exhibit D-4 - 1 

			
	[NAME OF PARTICIPANT] (the “Participant”)
		
	By:	 	 
		 	Name:
		 	Title: [Tax Owner, if the Participant is a disregarded entity]

 Date:                  ,
20         

  
 Exhibit D-4 - 2EX-10.1

 Exhibit 10.1 

AGREEMENT AND GENERAL RELEASE 

The parties to this Agreement and General Release, (the “Agreement”), entered into this 27th day of September, 2016 are Enrique Orta
(“Employee”) and Tenneco Automotive Operating Company Inc. (“Tenneco” or “Employer”), a Delaware corporation and a subsidiary corporation of Tenneco Inc., sometimes referred to collectively as the “parties.”

 In consideration of the promises, mutual covenants and agreements contained in this Agreement, Employee and Employer agree as follows:

 1. On and effective as of September 6, 2016, Employee and Employer entered into that certain employment offer letter of agreement (the
“Employment Letter”) pursuant to which Employee accepted, and thereafter undertook to perform duties of a different position with the Company. 

2. On and effective as of September 8, 2016 (the “Termination Date”), Employee voluntarily terminated the Employment Letter and
resigned his employment with Employer and from any and all offices, directorships and positions Employee held and/or holds with Tenneco, its parent, direct or indirect subsidiaries, affiliates and related companies or entities, regardless of its or
their form of business organization, including without limitation, whenever applicable Tenneco Inc., Tenneco Automotive Operating Company Inc., Tenneco Automotive Iberica, S.A. and Tenneco GmbH (the “Employer Entities”).

3. Subject to the condition that Employee has not revoked any portion of this Agreement during the seven day revocation period described
below, Employer shall make the payments, subject to any and all applicable withholding and other employment taxes, and provide the benefits contained in Schedule A attached to this Agreement. Employee acknowledges and agrees that the
payments and benefits specified in this Agreement, including Schedule A, are in full and complete satisfaction of any and all liabilities or obligations Employer has or may have to Employee, including but not limited to any and all Employer
obligations to Employee for salary, severance pay, bonuses, holiday pay, vacation pay, stock options, medical insurance, dental insurance, life insurance, any other benefits, and any other claims for payment not specifically mentioned in this
Agreement, and that the payments and benefits specified in this Agreement, including Schedule A, exceed in value any payments and benefits to which Employee may be already entitled. In addition, during the period from the Termination
Date through and including October 15, 2016 (the “Initial Severance Period”), Employee will receive, on regular Company payroll dates throughout Initial Severance Period, severance payments from the Company in amounts equal to the
bi-weekly base salary payments from the U.S. payroll and the monthly payments from the German payroll that he was receiving as of the Termination Date (the “Additional Severance”). The Additional Severance will be subject to all
applicable tax and other withholdings, and will not be subject to rescission or repayment by Employee by virtue of his delay, failure or refusal to execute this Agreement or the revocation thereof within the seven-day revocation period. 

  

					
		 	  
 1
	  	 E.O.

Executive Initials

GB

Tenneco

 Notwithstanding any other provision of this Agreement, the Employee, and Employee’s
beneficiaries and dependents as applicable, shall retain entitlement to: (i) any and all benefits to which Employee is entitled under the terms of any plan maintained or contributed to by an Employer Entity which is qualified under Section 401(a) of
the Internal Revenue Code of 1986, as amended (the “Code”); (ii) any continuation of health or medical coverage at the Employee’s, beneficiary’s or dependent’s expense, to the extent required by the relevant provisions of
the Consolidated Omnibus Budget Reconciliation Act of 1985; and (iii) reimbursement for business expenses properly incurred by Employee on behalf of Employer and timely submitted to Employer with proper supporting documentation no later than 20
days after the Termination Date. 
 4. (a) Employee acknowledges that the Employer Entities’ business and services are highly
specialized and that the following information is not generally known, is highly confidential and constitutes “Confidential Information:” trade secrets; proprietary technical and business information relating to any Employer Entity’s
plans, analysis or strategies concerning international or domestic acquisitions, possible acquisitions or new ventures; development plans or introduction plans for products or services; unannounced products or services; operation costs; pricing of
products or services; research and development; personnel information; manufacturing processes; installation, service and distribution procedures and processes; customer lists; any know-how relating to the design, manufacture, and marketing of the
Employer Entities’ services and products, including components and parts thereof; non-public information acquired by Employee concerning the requirements and specifications of any Employer Entity’s agents, vendors, contractors, customers
and potential customers; non-public financial information, business and marketing plans, pricing and price lists; non-public matters relating to employee benefit plans; quotations or proposals given to agents or customers or received from suppliers;
and any other information which is sufficiently secret to derive economic value from not being generally known. 
 (b) In accordance with
the Inventions, Improvements and Discoveries and Proprietary Information Agreement signed by Employee and hereby incorporated by reference, and with this Agreement, Employee shall maintain in the strictest confidence and will not, directly or
indirectly, use, intentionally or inadvertently publish or otherwise disclose to any person or entity whatever, Confidential Information, regardless of its form, without the prior written explicit consent of the General Counsel of Tenneco
Inc. Employee shall take reasonable precautions to protect against the inadvertent disclosure of Confidential Information. Employee’s obligations under this Agreement with respect to Confidential Information shall extend for the
period that such information is not generally known outside any of the Employer Entities for reasons other than disclosure or disclosures made by or on behalf of Employee. Should Employee be served with legal process seeking to compel
disclosure of any Confidential Information, Employee shall notify the General Counsel of Employer immediately, and in no event later than 48 hours after being served with process, so Employer can determine if it may take steps to prevent or limit
disclosure of Confidential Information. 

  

					
		 	  
 2
	  	 E.O.

Executive Initials

GB

Tenneco

 (c) Employee further acknowledges that (i) Employer and Employer Entities expend significant
resources to develop and maintain their customers, that these customer relationships are long-standing and have been developed and maintained over a period of many years, that the Employer Entities alone placed Employee in a position to interact
with their long-standing clients, and that the Employer Entities would be irreparably harmed if their customer relationships were destroyed or tampered with because such relationships are a significant asset of the Employer Entities, (ii) Employee
performed services of a unique nature for Employer that will be irreplaceable, and that Employee’s performance of such services to a competing business will result in irreparable harm to the Employer Entities, (iii) Employee has had access to
Confidential Information which, if disclosed, would unfairly and inappropriately assist in competition against the Employer Entities, and (iv) Employee generated goodwill for the Employer Entities in the course of Employee’s employment. 

(d) Employee further acknowledges that Employee inevitably would disclose Confidential Information, including trade secret information, should
Employee serve as director, officer, manager, supervisor, consultant, independent contractor, owner of greater than 3% of the stock, representative, agent, or employee (where Employee’s duties as an employee would involve any level of
strategic, advisory, technical, creative, marketing, sales, or other similar input) for any competitor of Employer or any other Employer Entity involved in the original equipment vehicle or vehicle parts businesses in the areas of emissions
treatment, exhaust or ride control. 
 (e) In light of Employee’s acknowledgments regarding Confidential Information, customer
relationships, and inevitable disclosure set forth above, in order to protect the Employer’s legitimate business interests described herein, and as additional consideration in return for the payments and benefits described in this
Agreement, including Paragraph 3 and Schedule A, Employee agrees that, for a period of 24 months following the Termination Date: 

(1) Employee shall not, without Employer’s express, written consent (to be provided by the General Counsel of Tenneco Inc., which
approval may be withheld in Employer’s sole discretion), directly or indirectly, whether individually or for or on behalf of any other individual, business, or entity, serve as director, officer, manager, supervisor, owner or shareholder (of
other than a passive investment of less than 3% of the individual’s, business’, or entity’s outstanding publicly-traded stock), consultant, independent contractor, representative, agent, or employee (where Employee’s duties would
include any level of strategic, advisory, technical, creative, marketing, sales, or other similar input) for any individual, business, or other entity that designs, manufactures, markets, sells, supplies, or distributes original equipment vehicle
parts in the areas of emissions treatment, exhaust or ride control, or any other products which perform the same or similar function as those manufactured, marketed, sold, supplied, or distributed by

  

					
		 	  
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Employer Entities in the original equipment vehicle or vehicle parts businesses (“Products”), in any original equipment market in which Employer or any Employer Entity manufactures,
markets, sells, supplies, or distributes such Products as of the Termination Date or as of any time within the twelve (12)-month period preceding the Termination Date; and notwithstanding the above, the written consent (to be provided by the General
Counsel of Tenneco Inc., which approval may be withheld in Employer’s sole discretion) shall not be unreasonably withheld if the Employee has the opportunity to serve, in any of the described ways, for 1). the companies MET TECNO 2000 and AFGRA
or 2). a company, if and only if, such service would be in a separate division of such company that is isolated from, and has no involvement whatsoever with, such company’s other division that manufactures, markets, sells, supplies or
distributes Products (for example, if a company sold shock absorbers and automotive transmissions, Employer would not unreasonably withhold consent for Employee to work solely for the division that sells automotive transmissions). The Company will
consider in good faith any request by Employee for similar accommodation with respect to other career opportunities that he may encounter or pursue, provided that the Company retains the right in its sole discretion for any (or no) reason to
withhold its consent. Nothing in this Section 4(e)(1) will relieve Employee of his obligations to protect and refrain from using Confidential Information. 

(2) Except as provided in the third to last sentence of Paragraph 4(e)(1) above, Employee shall not, in any capacity, whether on
Employee’s behalf or on behalf of any other individual, business or entity, for purposes of selling, marketing, or attempting to sell or market any Product, solicit any customer of any Employer Entity (i) with or for whom Employee had contact,
communication, or other interaction of any kind or (ii) with respect to whom Employee received Confidential Information, in each of (i) and (ii) during the last 24 months of Employee’s employment by any Employer Entity; 

(3) Employee shall refrain from contacting any employee of any Employer Entity for purposes of recruiting or placing such individual with
another employer or influencing such individual to terminate employment with any Employer Entity;
 (4) In the event that an employee of an
Employer Entity contacts Employee in contemplation or for the purpose of seeking employment with another employer or terminating employment with such Employer Entity, Employee shall not enter into any discussions with such employee regarding that
matter without prior written approval of Employer, to be provided by the General Counsel of Tenneco Inc., which approval may be withheld in Employer’s sole discretion; and 

(5) Furthermore, Employee may not directly or indirectly extend an offer of employment or cause an offer of employment to be extended to an
employee or a person who within the 90 days preceding the extension of such offer was an employee of an Employer Entity without the prior written approval of Employer, to be provided by the General Counsel of Tenneco Inc., which approval may be
withheld in Employer’s sole discretion. 

  

					
		 	  
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 (f) The running of the time periods applicable in Paragraph 4(e) hereof shall be suspended
during the period of any violation of these provisions by the Employee. 
 (g) Employee acknowledges that the duration and scope of each of
the above restrictions and limitations (including, but not limited to, the time periods, geographic, and customer scopes of restriction) are fair, reasonable, and necessary to protect the Employer Entities’ legitimate protectable interests,
including their interests in Confidential Information and customer and employee relationships set forth above. Further, Employee agrees to waive any claim to contest the reasonableness of such restrictions or the legitimacy of the Employer
Entities’ interests. Employee also acknowledges that the above restrictions and obligations will not prevent Employee from earning a livelihood or obtaining gainful employment. Schedule A attached to this Agreement contains details
of the specific compensation for the above restrictions and limitations (including, but not limited to, the time periods, geographic, and customer scopes of restriction). 

(h) All duties and obligations set forth in Paragraph 4 of this Agreement shall be in addition to those which exist under statute and at
common law and shall not negate but shall be in addition to or coextensive with those obligations arising under any agreements or documents executed by Employee during Employee’s employment with Employer.

5. Employee agrees to tender, and hereby represents that prior to the date on which he executes this Agreement, Employee has tendered, to
Employer on the date of this Agreement all expense reports, notes, memoranda, records, documents, Employer manuals, credit cards, pass keys, computers, computer diskettes, office equipment, sales records and data, and all other information or
property, no matter how produced, reproduced or maintained, which is in Employee’s possession, that is used in or pertains to the business of Employer or any Employer Entity, including but not limited to lists of customers, prices, marketing
plans, and other confidential materials or information obtained by Employee in the course of Employee’s employment; provided, however, that Employee will be permitted to retain his Company-provided cell phone and, if attainable through
commercially reasonable efforts by the Company, his current cell phone number, so long as he provides prompt access to the phone to Company IT personnel for purposes of sweeping it of Company-related information. 

6. Except as otherwise required by law or by a court of competent jurisdiction, and subject to Paragraph 7, Employee agrees never to disclose
or discuss the terms, conditions and amounts set forth in this Agreement or the discussions and negotiations that preceded it, except to Employee’s spouse, attorneys and financial advisors (collectively, the “Employee Affiliates”) as
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to assist Employee; provided, however, that Employee agrees that prior to any disclosure to an Employee Affiliate, Employee shall inform such Employee Affiliate of the confidential nature of the
Agreement and the discussions and negotiations that preceded it; and provided, further, that Employee agrees that the Agreement and the discussions and negotiations that preceded it will be kept confidential by each of the Employee Affiliates except
as required by law or a court of competent jurisdiction. Subject to Paragraph 7, neither Employee, any Employee Affiliate, nor anyone else on their behalf will disparage Employer or any other Employer Entity, or any of their directors,
officers, employees, attorneys or agents, except that, for the avoidance of doubt, neither this paragraph nor any other paragraph of this Agreement shall be deemed to limit or preclude Employee from testifying truthfully either before any
administrative agency or in response to any lawfully-issued subpoena. 
 7. Nothing in any provision of this Agreement is intended to or
shall be interpreted as prohibiting Employee from reporting possible violations of law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission, the Congress,
and any agency Inspector General, or making other disclosures that are protected under the whistleblower provisions of federal, state or local law or regulation; provided, that Employee will use his or her reasonable best efforts to (1)
disclose only information that is reasonably related to such possible violations or that is requested by such agency or entity, and (2) request that such agency or entity treat such information as confidential. Employee does not need the prior
authorization from the Company to make any such reports or disclosures and is not required to notify the Company that Employee has made such reports or disclosures. This Agreement does not limit Employee’s right to receive an award for
information provided to any governmental agency or entity. Further, 18 U.S.C. § 1833(b) provides: “An individual shall not be held criminally or civilly liable under any Federal or State trade secret law for the disclosure of a
trade secret that (A) is made - (i) in confidence to a Federal, State, or local government official, either directly or indirectly, or to an attorney; and (ii) solely for the purpose of reporting or investigating a suspected violation of law; or (B)
is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing is made under seal.” Accordingly, the parties to this Agreement have the right to disclose in confidence trade secrets to Federal, State, and local
government officials, or to an attorney, for the sole purpose of reporting or investigating a suspected violation of law. The parties also have the right to disclose trade secrets in a document filed in a lawsuit or other proceeding, but only
if the filing is made under seal and protected from public disclosure. Nothing in this Agreement or any other agreement between the parties is intended to conflict with 18 U.S.C. § 1833(b) or create liability for disclosures of trade
secrets that are expressly permitted by 18 U.S.C. § 1833(b). 
 8. Employee will cooperate with Employer Entities and promptly provide
thorough and accurate information and testimony voluntarily to or on behalf of any Employer Entity, regarding any investigation or court case initiated by or against any Employer Entity or by any government agency. Unless precluded by
applicable law, Employee agrees not to disclose or to discuss with anyone who is not directing or assisting 

  

					
		 	  
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in any Employer Entity investigation or case, other than Employee’s attorney, the fact of or the subject matter of any investigation, except as required by law. Any Employer Entity
requesting information will attempt to work with Employee to arrange times that reasonably accommodate Employee, and such Employer Entity will reimburse Employee for reasonable commuting, parking or other similar expenses.

9. Employee agrees to take reasonable steps to insure that any statements, writing, speeches or comments that Employee may make, prepare or
deliver, be fully consistent with Employee’s covenants under this Agreement, and that any such statements, writings, speeches or comments that in any way relate to any of the Employer Entities, or any of their attorneys, agents, employees,
officers or directors, or to Employee’s employment with Employer, will be accompanied by appropriate disclaimers indicating that Employee is not authorized to speak on behalf of or as a representative or agent of any Employer Entity, and that
any such statements, writings, speeches or comments do not in any way necessarily reflect any Employer Entity’s positions. Nothing in this paragraph or in this Agreement is intended to or shall be interpreted to limit Employee’s
ability to communicate with any administrative agency, or in response to a lawfully-issued subpoena, about the Employer Entities. 
 10.
EMPLOYEE DECLARES HIS EMPLOYMENT RELATION WITH THE EMPLOYER ENTITY AS DEFINED IN THE PREAMBLE HEREOF FULLY TERMINATED AND SETTLED TO ALL EFFECTS, AND EMPLOYEE HEREBY RELEASES, FOREVER DISCHARGES EACH EMPLOYER ENTITY, EACH PREDECESSOR, SUCCESSOR,
JOINT VENTURE AND PARENT OF ANY EMPLOYER ENTITY, AND ANY AND ALL OF THEIR RESPECTIVE PAST OR PRESENT OFFICERS, DIRECTORS, PARTNERS, INSURERS, AGENTS, ATTORNEYS, EMPLOYEES, TRUSTEES, ADMINISTRATORS AND FIDUCIARIES (ALL COLLECTIVELY, THE
“RELEASED PARTIES”), FROM ANY AND ALL MANNER OF ACTIONS, CAUSES OF ACTIONS, DEMANDS, CLAIMS, AGREEMENTS, PROMISES, DEBTS, LAWSUITS, LIABILITIES, RIGHTS, DUES, CONTROVERSIES, COSTS, EXPENSES AND FEES (COLLECTIVELY, “CLAIMS”),
WHETHER ARISING IN CONTRACT, TORT OR ANY OTHER THEORY OF ACTION, WHETHER ARISING IN LAW OR EQUITY, WHETHER KNOWN OR UNKNOWN, CHOATE OR INCHOATE, MATURED OR UNMATURED, CONTINGENT OR FIXED, LIQUIDATED OR UNLIQUIDATED, ACCRUED OR UNACCRUED, ASSERTED OR
UNASSERTED, FROM THE BEGINNING OF TIME UP TO THE DATE EMPLOYEE EXECUTES THIS AGREEMENT, EXCEPT FOR THOSE OBLIGATIONS CREATED BY OR ARISING OUT OF THIS AGREEMENT AND THOSE OBLIGATIONS SPECIFICALLY EXCLUDED UNDER PARAGRAPH 3 OF THIS
AGREEMENT. EMPLOYEE EXPRESSLY WAIVES THE BENEFIT OF ANY STATUTE OR RULE OF LAW WHICH, IF APPLIED TO THIS AGREEMENT, WOULD OTHERWISE PRECLUDE FROM ITS BINDING EFFECT ANY CLAIM AGAINST ANY RELEASED PARTY NOT NOW KNOWN BY EMPLOYEE TO EXIST,
INCLUDING IF EMPLOYEE LIVES IN CALIFORNIA, ANY BENEFIT UNDER SECTION 1542 OF THE CALIFORNIA CIVIL CODE WHICH STATES AS FOLLOWS: 

  

					
		 	  
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 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT TO EXIST
IN HIS FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM MUST HAVE MATERIALLY AFFECTED HIS SETTLEMENT WITH THE DEBTOR. 
 EXCEPT AS
NECESSARY FOR EMPLOYEE TO ENFORCE THIS AGREEMENT OR AS EXCLUDED UNDER PARAGRAPH 3 OF THIS AGREEMENT, THIS AGREEMENT IS INTENDED TO BE A GENERAL RELEASE THAT EXTINGUISHES ALL CLAIMS AGAINST ANY RELEASED PARTY. EMPLOYEE IS NOT, HOWEVER,
WAIVING ANY RIGHT OR CLAIM THAT MAY ARISE AFTER THE DATE THIS AGREEMENT IS EXECUTED. 
 11. Without in any way limiting the generality of
the foregoing, this Agreement constitutes a full release and disclaimer of any and all Claims arising out of or relating in any way to Employee’s employment, continued employment, retirement, resignation, or termination of employment with
Employer, whether arising under or out of a statute including, but not limited to, the Spanish Workers’ Statute and related legislation, Title VII of the Civil Rights Act of 1964, 42 U.S.C. § 1981, the Age Discrimination in Employment Act
of 1967 (“ADEA”), the Older Workers Benefit Protection Act of 1990 (“OWBPA”), the Family and Medical Leave Act, the National Labor Relations Act, the Worker Adjustment and Retraining Notification Act, the Americans With
Disabilities Act, and any county, municipal, and any other federal, state or local statute, ordinance or regulation, all as may be amended from time to time, or common law claims or causes of action relating to alleged discrimination, breach of
contract or public policy, wrongful or retaliatory discharge, tortious action, inaction, or interference of any sort, defamation, libel, slander, personal or business injury, including attorneys’ fees and costs, and all claims for salary,
bonus, vacation pay, and reimbursement of expenses, except as provided in this Agreement. 
 12. To the fullest extent legally permitted,
and subject to Paragraph 7, Employee has specifically waived Employee’s right to any monetary recovery or injunctive relief in any lawsuit, including the right to any monetary recovery or injunctive relief in any lawsuit brought by any agency,
entity or person on Employee’s behalf, with respect to any claims released herein. Employee understands and agrees that by signing this Agreement, Employee does not waive future claims or the right to file against the Employer a
charge with or participate in any investigation by the EEOC or any comparable federal, state or local agency. However, subject to Paragraph 7, Employee waives and releases, to the fullest extent legally permissible, all
entitlement to any form of personal relief arising from a charge Employee or others may file (excepting only any benefit or remedy to which Employee is or becomes entitled pursuant to Section 922 of the Dodd-Frank Wall Street Reform and Consumer
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understands that this waiver and release of personal relief would not affect an enforcement agency’s ability to investigate a charge or to pursue relief on behalf of others. Employer
agrees and acknowledges that Employee does not waive or release any claims or other matters that, by operation of law, Employee cannot waive or release unilaterally. The provisions of this Agreement, neither in isolation nor in combination,
should be construed to interfere with the Employee’s right to file charges with the EEOC or otherwise communicate or cooperate with the agency, notwithstanding the waiver of monetary and other relief. Employee represents that Employee has
not assigned or transferred, or purported to assign or transfer, to any person or entity, any Claim or any portion thereof or interest therein. Employee warrants that Employee is unaware of any claim which may be asserted by Employee or any
agency, entity or person in connection with Employee’s employment with Employer or the termination thereof. 
 13. Employee
acknowledges that, except the Inventions, Improvements and Discoveries and Proprietary Information Agreement entered into between the parties, any employment or contractual relationship between Employee and Employer will terminate by virtue of this
Agreement, and that Employee has no future employment or contractual relationship with Employer other than the contractual relationship created by this Agreement. In consideration of this Agreement, Employee hereby waives any and all employment
rights that Employee now has with Employer or any Employer Entity, except as otherwise expressly provided in this Agreement. Employee agrees not to seek reinstatement, reemployment, or future employment as a new employee, and no Employer Entity
has an obligation, contractual or otherwise, to employ or reemploy, hire or rehire, or recall or reinstate Employee in the future, with Employer or any Employer Entity. 

14. This Agreement shall be binding upon and inure to the benefit of Employer and its successors and assigns, and Employee and Employee’s
heirs, administrators, and executors, and any legal representative of the parties. Each of the Released Parties is an intended third party beneficiary of this Agreement. This Agreement is not assignable by Employee. 

15. Employee warrants that no promise or inducement to enter into this Agreement has been offered or made except as set forth in this
Agreement, that Employee is entering into this Agreement without any threat or coercion and without reliance on any statement or representation made on behalf of any Employer Entity or by any person employed by or representing any Employer Entity,
except for the written provisions and promises contained in this Agreement. 
 16. This Agreement constitutes the entire agreement and
understanding between the parties with regard to all matters, including but not limited to Employee’s employment, termination, payments owed to Employee and the other subject matters addressed in this Agreement, and supersedes and replaces all
prior commitments, negotiations and agreements proposed or otherwise, whether written or oral, concerning the subject matters contained in this Agreement, EXCEPT any plans or policies of Employer or Employer Entities which govern the pension and
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options or expense reimbursement referenced in Schedule A to this Agreement and the Inventions, Improvements and Discoveries and Proprietary Information
Agreement. This Agreement is an integrated document and the consideration stated in it is the sole consideration for this Agreement.

17. The parties agree that damages incurred as a result of a breach of this Agreement will be difficult to measure. It is, therefore,
further agreed that, in addition to any other remedies, equitable relief will be available in the case of a breach of this Agreement without Employer needing to post bond or other security. It is also agreed that, in addition to any other
remedies, in the event of a breach of this Agreement by Employee or an Employee Affiliate, Employer may withhold and retain all or any portion of the payments referenced herein except this withholding/retention provision shall not apply to any claim
under the ADEA or the OWBPA to the extent required by law. 
 18. In the event of litigation in connection with or concerning the subject
matter of this Agreement, the prevailing party shall be entitled to recover all costs and expenses of litigation incurred by it, including such party’s reasonable attorneys’ fees and reasonable compensation for the services of its internal
personnel, except this provision does not apply to any claim under the ADEA or the OWBPA to the extent required by law. 
 19. If a court
holds that the restrictions set forth in Paragraph 4 of this Agreement are unreasonable or unenforceable under circumstances then existing, the parties hereto agree that the maximum duration, scope or geographical area reasonable under such
circumstances shall be substituted for the stated period, scope or area and that the court shall revise the restrictions to cover the maximum duration, scope and area permitted by law. If any provision, paragraph, subsection or other portion of this
Agreement is determined by any court of competent jurisdiction to be invalid, illegal or unenforceable in whole or in part, and such determination becomes final, such provision or portion shall be deemed to be severed or limited, but only to the
extent required to render the remaining provisions and portion of this Agreement enforceable. This Agreement as thus amended shall be enforced so as to give effect to the intention of the parties insofar as that is possible. In addition,
the parties hereby expressly empower a court of competent jurisdiction to modify any term or provision of this Agreement to the extent necessary to comply with existing law and to enforce this Agreement as modified. 

20. Nothing in this Agreement shall be construed as an admission of any wrongdoing by any person or entity. 

21. This Agreement shall be deemed to have been executed and delivered within the State of Delaware and the rights and obligations of the
parties shall be construed and enforced in accordance with, and governed by, the laws of the State of Delaware without regard to that state’s rules regarding conflict of laws.

  

					
		 	  
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 22. The parties agree that any dispute relating to this Agreement or Employee’s employment
with Employer or the termination thereof shall be submitted by the parties to, and decided by, the courts in Detroit, Michigan, which the parties acknowledge and agree is the most likely most-convenient forum for the resolution of any dispute
between them. 
 23. The language of all parts of this Agreement shall in all cases be construed as if mutually drafted and as a whole,
according to its fair meaning and not strictly for or against any of the parties. 
 24. The parties acknowledge that Employee shall have
the right to revoke and cancel this Agreement if Employee, at any time within the seven calendar days following its execution, revokes it. This Agreement will become effective, enforceable and irrevocable on the eighth day after employee
executes this Agreement unless Employer receives Employee’s written revocation on or before the close of business on the seventh day after employee executes this Agreement. If Employee desires to revoke and cancel this Agreement, Employee
must do so in writing to the General Counsel of Tenneco Inc., within seven calendar days after Employee executes this Agreement, and all terms of the Agreement shall be void and of no effect. If this Agreement is canceled and revoked by
Employee, Employer shall have no obligations under this Agreement.
 25. The parties agree to cooperate fully and to execute any and all
supplementary documents and to take all additional actions that may be necessary or appropriate to give full force to the terms and intent of this Agreement that are not inconsistent with its terms. 

26. This agreement supersedes and terminates, to the extent not heretofore terminated, all other agreements and/or letters of understanding,
signed in any jurisdiction between Employee and Tenneco and/or any of its affiliates, including but not limited to, the Spanish employment agreement dated January, 17th 1995, and any further amendment of such agreement and /or any other agreement
signed in Spain, the Letter of Understanding dated August 2010, the addendum signed on January 2012 to the Letter of Understanding dated August 2010, and the Letter of Understanding dated February 19th, 2015, and the addendum to such Letter of
Understanding, dated as of July 14, 2015, and the Employment Letter (as defined above). 
 27. This Agreement has been the subject of
negotiations and discussions between the parties, each of which has been represented and advised by (or has been given the opportunity to retain) competent counsel, so that any statute, case law, or rule of interpretation or construction that would
or might cause any provision to be construed against the drafter of this Agreement shall have no force and effect.
 28. This
Agreement may be executed in any number of duplicate originals, photocopies, or facsimiles, all of which (once each party has executed at least one such duplicate original, photocopy or facsimile) will constitute one and the same document. 

  

					
		 	  
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 Employee acknowledges as follows: 

A. That Employee has been hereby advised in writing and encouraged by Employer to consult with an attorney before signing this Agreement; 

B. That Employee has at least 21 days to consider it; 

C. That this Agreement is written in a manner that is understood by Employee, Employee has carefully read and fully understands this Agreement, has
had sufficient time to consider it, has had an opportunity to ask questions and have it explained, and is entering into this Agreement freely and voluntarily, with an understanding that the general release will have the effect of waiving any action
or recovery Employee might pursue for any claims arising on or prior to the date of the execution of this Agreement; 
 D. That Employee knowingly,
voluntarily and in good faith intends to be legally bound by this Agreement and to waive the rights identified herein; and 
 E. That Employee has
until the end of the seventh calendar day following the date he signs this Agreement to deliver written notice to the Company that he has elected to revoke this Agreement, the effect of which revocation would be to render null and void all Company
payments and other obligations created hereunder, save only for the Additional Severance payment, which Employee will be entitled to keep. 

IN WITNESS WHEREOF, the parties have executed this Agreement on the dates set forth below. 

 

					
	Tenneco Automotive Operating Company Inc.
			
		 	By:	 	 /s/ Gregg A. Bolt

		 		 	        Gregg A. Bolt
			
		 	Dated:	 	 September 27, 2016

		
		 	Its:    SR VP Global HR & Administration
		
		 	 /s/ Enrique Orta

		 	Enrique Orta
			
		 	Dated:	 	 September 27, 2016

  

					
		 	  
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 Schedule A 

to 
 Agreement and General
Release 
 Unless the Agreement and General Release to which this Schedule is attached (the “Agreement”) is revoked by
Employee in accordance with Paragraph 24 thereof, Employer shall make Payments pursuant to Paragraph 3 of the Agreement and this Schedule A (subject to applicable withholding and other taxes), and Employee shall be entitled to receive
other benefits as set forth below. 
 1. Separation Payment: The equivalent of USD 1,800,000.00 

 

	 	•	 	Payable in the following amounts: 

  

	 	•	 	USD 400,000 in a lump sum within two payroll periods following the date that this Agreement becomes irrevocable by the Employee; and 

 

	 	•	 	USD 1,400,000 in equal installments at intervals in accordance with the Company’s applicable payroll schedule, commencing in the Company’s payroll period following the month in which this Agreement becomes
irrevocable by the Employee and ending 24 months thereafter (the “Severance Period”). 

  

	 	•	 	It being understood that the interval and administration of payments may change during the Severance Period depending upon Employee’s then-resident country. If currency conversion is required, the applicable
exchange rate will be the rate in effect on the date the Agreement becomes irrevocable by Employee. 

 2. Accrued 2016 Vacation.

  

	 	•	 	Paid within 2 pay periods of Employee’s termination date. 

  

	 	•	 	Paid regardless of whether Employee elects to accept and sign the Agreement & General Release. 

 3.
Non-Compete Compensation. 
  

	 	•	 	The Parties agree that, for the duration of the restricted periods set forth in Paragraph 4(e) of the Agreement, in consideration of and subject to Employee’s continued compliance with the covenants and commitments
set forth therein, 50% of each payment described in Section 1 of this Schedule A shall be considered non-compete compensation. For the avoidance of doubt, the non-compete compensation is included in, and is not in addition to, the amount
set forth in item 1 of this Schedule A.

 4. Benefits: As an accommodation, the Company will provide Employee with
the following benefits-related payments and other considerations (at current levels) until such time Employee obtains employment and becomes eligible for similar benefits (which circumstance Employee will promptly disclose to the Company), at which
time these considerations will cease: 

  

					
		 	  
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	 	•	 	Contributions to the Spanish defined benefit and defined contribution plans shall be continued for a period of 24 months after the Termination Date at the levels in effect as of the Termination Date. 

 

	 	•	 	Spanish life and disability insurance shall be continued for a period of 24 months after the Termination Date at the levels in effect as of the Termination Date. 

 

	 	•	 	As long as Employee remains in the United States (up to a maximum of 24 months) Swiss Life medical insurance plan will be continued. If Employee leaves the U.S., this benefit will cease. 

5. Long-Term Incentive Compensation. In accordance with the applicable plan provisions and award agreements, performance units,
unvested restricted stock, and unvested stock options are forfeited, including but not limited to awards pursuant to the 3-Year Long-Term Performance Cash Plan. 

6. Outplacement Services. The Company will provide Employee with up to six months of outplacement services
(value not to exceed the equivalent of USD 30,000), provided that, if Employee selects the firm, the Company will pay for the services only if the firm is approved by Tenneco and its services are invoiced to Gregg Bolt, Senior Vice President of
Global Human Resources and Administration. Employee’s rights and Employer’s obligation under this paragraph will expire one year from the Termination Date. 

7. Tax Preparation. Employer will provide Employee with tax preparation services necessitated by Employee’s former expatriate
assignment with Employer, subject to the condition that the Employee provides all the supporting documents as reasonably necessary to allow for the preparation and filing of applicable tax returns on a timely basis. 

8. Repatriation. If Employee is unable to obtain or does not accept new employment in the U.S., Employer shall pay for transport (at
coach fare) of Employee, Employee’s family and Employee’s household goods back to Employee’s home country (in accordance with the limits set forth in Tenneco’s applicable expatriate policies). Employee’s rights and
Employer’s obligation under this paragraph will expire one year from the Termination Date. 
 Note: Employer will notify United States immigration
authorities of Employee’s change in employment status. Employee will assume all responsibility for compliance with immigration laws in respect of Employee’s and Employee’s spouse’s and dependents’ presence, permission
to work, or both, in the United States, including any necessary changes to Employee’s visa status. If historical information about, or verification of, Employee’s prior position(s) with Employer is necessary in connection with
Employee’s application for a particular visa status, Employer will provide such information to Employee within a reasonable period of time. Employee will also be solely responsible for any sale of Employee’s personal or real property,
wherever located. 

  

					
		 	  
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GB

Tenneco

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00262-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00262-of-00352.parquet"}]]