Document:

EX-4.12

 Exhibit 4.12 

EXECUTION VERSION 
  

 
 UNIVAR INC. 

$400,000,000 12% Senior Subordinated Notes due 2018 

INDENTURE 
 Dated as of
December 20, 2010 
 WELLS FARGO BANK, NATIONAL ASSOCIATION 

Trustee 
  

 

 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
		
	 ARTICLE 1 DEFINITIONS AND INCORPORATION BY REFERENCE
	  	 	1	  
			
	 SECTION 1.01
	  	 Definitions
	  	 	1	  
	 SECTION 1.02
	  	 Other Definitions
	  	 	37	  
	 SECTION 1.03
	  	 Incorporation by Reference of Trust Indenture Act
	  	 	38	  
	 SECTION 1.04
	  	 Rules of Construction
	  	 	38	  
		
	 ARTICLE 2 THE SECURITIES
	  	 	39	  
			
	 SECTION 2.01
	  	 Form, Dating and Denominations
	  	 	39	  
	 SECTION 2.02
	  	 Execution and Authentication
	  	 	40	  
	 SECTION 2.03
	  	 Registrar and Paying Agent
	  	 	41	  
	 SECTION 2.04
	  	 Paying Agent to Hold Money in Trust
	  	 	42	  
	 SECTION 2.05
	  	 Securityholder Lists
	  	 	42	  
	 SECTION 2.06
	  	 Replacement Securities
	  	 	42	  
	 SECTION 2.07
	  	 Outstanding Securities
	  	 	43	  
	 SECTION 2.08
	  	 Temporary Securities
	  	 	43	  
	 SECTION 2.09
	  	 Cancellation
	  	 	43	  
	 SECTION 2.10
	  	 CUSIP Numbers
	  	 	44	  
	 SECTION 2.11
	  	 Registration, Transfer and Exchange
	  	 	44	  
	 SECTION 2.12
	  	 Restrictions on Transfer and Exchange
	  	 	47	  
	 SECTION 2.13
	  	 Reg S Temporary Offshore Global Securities
	  	 	49	  
	 SECTION 2.14
	  	 Defaulted Interest
	  	 	50	  
		
	 ARTICLE 3 REDEMPTION
	  	 	50	  
			
	 SECTION 3.01
	  	 Notices to Trustee
	  	 	50	  
	 SECTION 3.02
	  	 Selection
	  	 	50	  
	 SECTION 3.03
	  	 Notice
	  	 	50	  
	 SECTION 3.04
	  	 Effect of Notice of Redemption
	  	 	51	  
	 SECTION 3.05
	  	 Deposit of Redemption Price
	  	 	52	  
	 SECTION 3.06
	  	 Securities Redeemed in Part
	  	 	52	  
	 SECTION 3.07
	  	 Optional Redemption
	  	 	52	  
	 SECTION 3.08
	  	 No Sinking Fund
	  	 	53	  
	 SECTION 3.09
	  	 Repurchase Offers
	  	 	53	  
		
	 ARTICLE 4 COVENANTS
	  	 	56	  
			
	 SECTION 4.01
	  	 Payment of Securities
	  	 	56	  
	 SECTION 4.02
	  	 Reports
	  	 	57	  
	 SECTION 4.03
	  	 Incurrence of Debt and Issuance of Preferred Stock
	  	 	58	  
	 SECTION 4.04
	  	 Restricted Payments
	  	 	63	  

  
 i 

							
	 SECTION 4.05
	  	 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
	  	 	68	  
	 SECTION 4.06
	  	 Asset Sales
	  	 	71	  
	 SECTION 4.07
	  	 Transactions with Affiliates
	  	 	73	  
	 SECTION 4.08
	  	 Change of Control
	  	 	75	  
	 SECTION 4.09
	  	 Compliance Certificates
	  	 	76	  
	 SECTION 4.10
	  	 Liens
	  	 	76	  
	 SECTION 4.11
	  	 Additional Security Guarantees
	  	 	76	  
	 SECTION 4.12
	  	 Business Activities
	  	 	77	  
	 SECTION 4.13
	  	 Payments for Consent
	  	 	77	  
	 SECTION 4.14
	  	 Taxes
	  	 	77	  
	 SECTION 4.15
	  	 Corporate Existence
	  	 	77	  
	 SECTION 4.16
	  	 Limitation on Layered Debt
	  	 	77	  
	 SECTION 4.17
	  	 Limitation on Issuances and Sales of Equity Interests of Restricted Subsidiaries
	  	 	78	  
	 SECTION 4.18
	  	 Limitations on Sale and Leaseback Transactions
	  	 	78	  
	 SECTION 4.19
	  	 Additional Covenants relating to the Initial Purchaser Parties
	  	 	78	  
		
	 ARTICLE 5 SUCCESSOR ISSUER
	  	 	79	  
			
	 SECTION 5.01
	  	 Merger, Consolidation or Sale of All or Substantially All Assets of the Issuer
	  	 	79	  
	 SECTION 5.02
	  	 Merger or Consolidation of a Guarantor
	  	 	81	  
		
	 ARTICLE 6 DEFAULTS AND REMEDIES
	  	 	81	  
			
	 SECTION 6.01
	  	 Events of Default and Remedies
	  	 	81	  
	 SECTION 6.02
	  	 Acceleration
	  	 	84	  
	 SECTION 6.03
	  	 Other Remedies
	  	 	85	  
	 SECTION 6.04
	  	 Waiver of Past Defaults
	  	 	85	  
	 SECTION 6.05
	  	 Control by Majority
	  	 	85	  
	 SECTION 6.06
	  	 Limitation on Suits
	  	 	85	  
	 SECTION 6.07
	  	 Rights of Holders to Receive Payment
	  	 	86	  
	 SECTION 6.08
	  	 Collection Suit by Trustee
	  	 	86	  
	 SECTION 6.09
	  	 Trustee May File Proofs of Claim
	  	 	86	  
	 SECTION 6.10
	  	 Priorities
	  	 	87	  
	 SECTION 6.11
	  	 Undertaking for Costs
	  	 	87	  
	 SECTION 6.12
	  	 Waiver of Stay or Extension Laws
	  	 	87	  
	 SECTION 6.13
	  	 Rights and Remedies Cumulative
	  	 	87	  
	 SECTION 6.14
	  	 Delay or Omission Not Waiver
	  	 	88	  
		
	 ARTICLE 7 TRUSTEE
	  	 	88	  
			
	 SECTION 7.01
	  	 Duties of Trustee
	  	 	88	  
	 SECTION 7.02
	  	 Rights of Trustee
	  	 	89	  
	 SECTION 7.03
	  	 Individual Rights of Trustee
	  	 	90	  
	 SECTION 7.04
	  	 Trustee’s Disclaimer
	  	 	90	  

  
 ii 

							
	 SECTION 7.05
	  	 Notice of Defaults
	  	 	90	  
	 SECTION 7.06
	  	 Reports by Trustee to Holders
	  	 	91	  
	 SECTION 7.07
	  	 Compensation and Indemnity
	  	 	91	  
	 SECTION 7.08
	  	 Replacement of Trustee
	  	 	92	  
	 SECTION 7.09
	  	 Successor Trustee by Merger, Etc
	  	 	93	  
	 SECTION 7.10
	  	 Eligibility; Disqualification
	  	 	93	  
	 SECTION 7.11
	  	 Preferential Collection of Claims Against Issuer
	  	 	93	  
		
	 ARTICLE 8 DISCHARGE OF INDENTURE; DEFEASANCE
	  	 	93	  
			
	 SECTION 8.01
	  	 Legal Defeasance and Covenant Defeasance
	  	 	93	  
	 SECTION 8.02
	  	 Conditions to Legal or Covenant Defeasance
	  	 	95	  
	 SECTION 8.03
	  	 Satisfaction and Discharge of Indenture
	  	 	96	  
	 SECTION 8.04
	  	 Deposited Money and Government Notes to Be Held in Trust; Miscellaneous Provisions
	  	 	97	  
	 SECTION 8.05
	  	 Repayment to Issuer
	  	 	97	  
	 SECTION 8.06
	  	 Reinstatement
	  	 	97	  
		
	 ARTICLE 9 AMENDMENTS
	  	 	98	  
			
	 SECTION 9.01
	  	 Without Consent of Holders
	  	 	98	  
	 SECTION 9.02
	  	 With Consent of Holders
	  	 	98	  
	 SECTION 9.03
	  	 Compliance with Trust Indenture Act
	  	 	100	  
	 SECTION 9.04
	  	 Revocation and Effect of Consents and Waivers
	  	 	100	  
	 SECTION 9.05
	  	 Notation on or Exchange of Securities
	  	 	100	  
	 SECTION 9.06
	  	 Trustee to Sign Amendments
	  	 	100	  
		
	 ARTICLE 10 SUBORDINATION OF THE SECURITIES
	  	 	101	  
			
	 SECTION 10.01
	  	 Agreement to Subordinate
	  	 	101	  
	 SECTION 10.02
	  	 Liquidation, Dissolution, Bankruptcy
	  	 	101	  
	 SECTION 10.03
	  	 Default on Senior Debt
	  	 	101	  
	 SECTION 10.04
	  	 Acceleration of Payment of Securities
	  	 	102	  
	 SECTION 10.05
	  	 When Distribution Must Be Paid Over
	  	 	102	  
	 SECTION 10.06
	  	 Subrogation
	  	 	103	  
	 SECTION 10.07
	  	 Relative Rights
	  	 	103	  
	 SECTION 10.08
	  	 Subordination May Not Be Impaired by Issuer
	  	 	103	  
	 SECTION 10.09
	  	 Rights of Trustee and Paying Agent
	  	 	104	  
	 SECTION 10.10
	  	 Distribution or Notice to Representative
	  	 	104	  
	 SECTION 10.11
	  	 Article 10 Not to Prevent Events of Default or Limit Right to Accelerate
	  	 	104	  
	 SECTION 10.12
	  	 Trust Moneys Not Subordinated
	  	 	104	  
	 SECTION 10.13
	  	 Trustee Entitled to Rely
	  	 	104	  
	 SECTION 10.14
	  	 Trustee to Effectuate Subordination
	  	 	105	  
	 SECTION 10.15
	  	 Trustee Not Fiduciary for Holders of Senior Debt
	  	 	105	  
	 SECTION 10.16
	  	 Reliance by Holders of Senior Debt on Subordination Provisions
	  	 	105	  
	 SECTION 10.17
	  	 Trustee’s Compensation Not Prejudiced
	  	 	105	  

  
 iii 

							
	 ARTICLE 11 SECURITY GUARANTEES
	  	 	105	  
			
	 SECTION 11.01
	  	 Security Guarantees
	  	 	105	  
	 SECTION 11.02
	  	 Limitation on Liability; Release
	  	 	107	  
	 SECTION 11.03
	  	 Successors and Assigns
	  	 	108	  
	 SECTION 11.04
	  	 No Waiver
	  	 	108	  
	 SECTION 11.05
	  	 Modification
	  	 	108	  
	 SECTION 11.06
	  	 Execution and Delivery of the Security Guarantee
	  	 	108	  
		
	 ARTICLE 12 SUBORDINATION OF THE SECURITY GUARANTEES
	  	 	109	  
			
	 SECTION 12.01
	  	 Agreement to Subordinate
	  	 	109	  
	 SECTION 12.02
	  	 Liquidation, Dissolution, Bankruptcy
	  	 	109	  
	 SECTION 12.03
	  	 Default on Senior Debt of a Guarantor
	  	 	109	  
	 SECTION 12.04
	  	 Demand for Payment
	  	 	110	  
	 SECTION 12.05
	  	 When Distribution Must Be Paid Over
	  	 	110	  
	 SECTION 12.06
	  	 Subrogation
	  	 	111	  
	 SECTION 12.07
	  	 Relative Rights
	  	 	111	  
	 SECTION 12.08
	  	 Subordination May Not Be Impaired by a Guarantor
	  	 	111	  
	 SECTION 12.09
	  	 Rights of Trustee and Paying Agent
	  	 	112	  
	 SECTION 12.10
	  	 Distribution or Notice to Representative
	  	 	112	  
	 SECTION 12.11
	  	 Article 12 Not to Prevent Events of Default or Limit Right to Accelerate
	  	 	112	  
	 SECTION 12.12
	  	 Trust Moneys Not Subordinated
	  	 	112	  
	 SECTION 12.13
	  	 Trustee Entitled To Rely
	  	 	112	  
	 SECTION 12.14
	  	 Trustee to Effectuate Subordination
	  	 	113	  
	 SECTION 12.15
	  	 Trustee Not Fiduciary for Holders of Senior Debt of a Guarantor
	  	 	113	  
	 SECTION 12.16
	  	 Reliance by Holders of Senior Debt of a Guarantor on Subordination Provisions
	  	 	113	  
	 SECTION 12.17
	  	 Trustee’s Compensation Not Prejudiced
	  	 	113	  
		
	 ARTICLE 13 MISCELLANEOUS
	  	 	113	  
			
	 SECTION 13.01
	  	 Trust Indenture Act Controls
	  	 	113	  
	 SECTION 13.02
	  	 Notices
	  	 	114	  
	 SECTION 13.03
	  	 Communication by Holders with Other Holders
	  	 	114	  
	 SECTION 13.04
	  	 Certificate and Opinion as to Conditions Precedent
	  	 	115	  
	 SECTION 13.05
	  	 Statements Required in Certificate or Opinion
	  	 	115	  
	 SECTION 13.06
	  	 When Securities Disregarded
	  	 	115	  
	 SECTION 13.07
	  	 Rules by Trustee, Paying Agent and Registrar
	  	 	115	  
	 SECTION 13.08
	  	 Legal Holidays
	  	 	116	  
	 SECTION 13.09
	  	 GOVERNING LAW
	  	 	116	  
	 SECTION 13.10
	  	 No Recourse Against Others
	  	 	116	  
	 SECTION 13.11
	  	 Successors
	  	 	116	  

  
 iv 

							
	 SECTION 13.12
	  	 Multiple Originals
	  	 	116	  
	 SECTION 13.13
	  	 Table of Contents; Headings
	  	 	116	  
	 SECTION 13.14
	  	 Severability
	  	 	116	  
	 SECTION 13.15
	  	 No Adverse Interpretation of Other Agreements
	  	 	116	  
	 SECTION 13.16
	  	 Force Majeure
	  	 	116	  
	 SECTION 13.17
	  	 U.S.A. Patriot Act
	  	 	117	  

  

			
	 EXHIBITS
	  	
		
	 EXHIBIT A
	  	FORM OF SECURITY
		
	 EXHIBIT B
	  	RESTRICTED LEGEND
		
	 EXHIBIT C
	  	DTC LEGEND
		
	 EXHIBIT D
	  	REGULATION S CERTIFICATE
		
	 EXHIBIT E
	  	RULE 144A CERTIFICATE
		
	 EXHIBIT F
	  	INSTITUTIONAL ACCREDITED INVESTOR CERTIFICATE
		
	 EXHIBIT G
	  	CERTIFICATE OF BENEFICIAL OWNERSHIP
		
	 EXHIBIT H
	  	TEMPORARY OFFSHORE GLOBAL SECURITY LEGEND
		
	 EXHIBIT I
	  	SUPPLEMENTAL INDENTURE
		
	 EXHIBIT J
	  	FORM OF AFFILIATE SUBORDINATION AGREEMENT

			
		
	 SCHEDULES
	  	
		
	 SCHEDULE 1.01
	  	EXISTING INVESTMENTS

  
 v 

 CROSS-REFERENCE TABLE 

 

					
	 TIA Section
	  	 Indenture Section

			
	 310
	 	 (a)(1)
	  	7.10
		 	 (a)(2)
	  	7.10
		 	 (a)(3)
	  	N/A
		 	 (a)(4)
	  	N/A
		 	 (b)
	  	7.08; 7.10
		 	 (c)
	  	N/A
	 311
	 	 (a)
	  	7.11
		 	 (b)
	  	7.11
		 	 (c)
	  	N/A
	 312
	 	 (a)
	  	2.05
		 	 (b)
	  	12.03
		 	 (c)
	  	12.03
	 313
	 	 (a)
	  	7.06
		 	 (b)(1)
	  	N/A
		 	 (b)(2)
	  	7.06
		 	 (c)
	  	12.02
		 	 (d)
	  	7.06
	 314
	 	 (a)
	  	4.02; 4.09
		 	 (b)
	  	N/A
		 	 (c)(1)
	  	12.04
		 	 (c)(2)
	  	12.04
		 	 (c)(3)
	  	12.04
		 	 (d)
	  	N/A
		 	 (e)
	  	12.05
		 	 (f)
	  	N/A
	 315
	 	 (a)
	  	7.01
		 	 (b)
	  	7.05; 12.02
		 	 (c)
	  	7.01
		 	 (d)
	  	7.01
		 	 (e)
	  	6.11
	 316
	 	 (a) (last sentence)
	  	12.06
		 	 (a)(1)(A)
	  	6.05
		 	 (a)(1)(B)
	  	6.04
		 	 (a)(2)
	  	N/A
		 	 (b)
	  	6.07
		 	 317(a)(1)
	  	6.08
		 	 (a)(2)
	  	6.09
		 	 (b)
	  	2.03
	 318
	 	 (a)
	  	12.01

 N/A means Not Applicable 

 
 Note: This Cross-Reference Table shall not,
for any purpose, be deemed to be part of this Indenture. 

  
 vi 

 INDENTURE dated as of December 20, 2010, among UNIVAR INC., a Delaware corporation (the
“Issuer”), the guarantors from time to time party hereto and WELLS FARGO BANK, NATIONAL ASSOCIATION, a national banking association (or any successor trustee, the “Trustee”). 

WITNESSETH 
 Each party agrees as
follows for the benefit of the other parties and for the equal and ratable benefit of the Holders of (i) the Issuer’s 12% Senior Subordinated Notes due 2018 issued on the Closing Date and (ii) if and when issued as provided in a
Registration Rights Agreement, the Issuer’s 12% Senior Subordinated Notes due 2018 issued in a Registered Exchange Offer (as defined below) in exchange for any Securities referred to in clause (i): 

ARTICLE 1 

DEFINITIONS AND INCORPORATION BY REFERENCE 

SECTION 1.01 Definitions. 

“Acquired Debt” means, with respect to any specified Person: 

(1) Debt of any other Person existing at the time such other Person is merged with or into or became a Restricted Subsidiary of
such specified Person, including Debt incurred in connection with, or in contemplation of, such other Person’s merging with or into or becoming a Restricted Subsidiary of such specified Person; and 

(2) Debt secured by a Lien encumbering any asset acquired by such specified Person. 

“Acquisition” means the transaction by which the Issuer or one of its subsidiaries will acquire the Basic Chemical Solutions,
L.L.C. 
 “Acquisition Agreement” means the Purchase and Sale Agreement, dated as of October 10, 2010, among Basic
Chemical Solutions, L.L.C., each of the Sellers party thereto and the Issuer, as the same may be amended, supplemented, waived or otherwise modified from time to time, in each case with no waiver or modification thereto that is materially adverse to
the interests of the Purchasers without the prior written consent of each Initial Purchaser (not to be unreasonably withheld or delayed) (it being understood that any change in the price being paid for the Acquisition (other than pursuant to
Section 2.06 of the Acquisition Agreement) and any waiver or modification with respect to the definition of “Material Adverse Effect” shall be deemed to be material and adverse to the interests of the Initial Purchasers) 

“Additional Interest” has the meaning set forth in a Registration Rights Agreement. 

“Affiliate” of any specified Person means, with respect to any Person, any other Person directly or indirectly controlling,
controlled by, or under direct or indirect common control with such Person. A Person shall be deemed to control a corporation if such Person possesses, directly or indirectly, the power to direct or cause the direction of the management and policies
of such corporation, whether through the ownership of voting securities, by contract or otherwise. 

 “Affiliate Subordinated Debt” means Subordinated Debt of the Issuer or any
Restricted Subsidiary issued to or held by a Person that is an Affiliate of the Issuer (other than a Restricted Subsidiary of the Issuer) immediately prior to the acquisition of such Subordinated Debt by such Person (a) the principal amount of
which has a Stated Maturity no earlier than, and is not subject to amortization thereof prior to, six months after the Stated Maturity of the principal of the Securities and (b) that is contractually subordinated and junior in right of payment
to all Obligations of the Issuer or such Restricted Subsidiary under the Securities and this Indenture pursuant to a subordination agreement substantially in the form of Exhibit J or otherwise as reasonably acceptable to the Required Holders. 

“Affiliated CD&R Debt Fund” means an Affiliate of CD&R that is primarily engaged in, or advises funds or other
investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, notes, bonds and similar extensions of credit or securities in the ordinary course and with respect to which neither CD&R nor any of
its Subsidiaries or any of the investment professionals employed by CD&R directs or influences the investment policies of such entity or receives confidential information with respect thereto. 

“Agent” means any Registrar, Paying Agent or Authenticating Agent. 

“Agent Member” means a member of, or a participant in, the Depositary. 

“Applicable Premium” means, with respect to any Security at any redemption date, the excess of (A) the present value at
such time of (1) the redemption price of such Security at the second anniversary of the Closing Date (such redemption price being set forth in the table in Section 3.07(a) plus (2) all required interest payments due on such Security
through the second anniversary of the Closing Date (excluding accrued but unpaid interest), computed using a discount rate equal to the Treasury Rate plus 50 basis points and applied quarterly, over (B) the principal amount of such Security on
the date of redemption; provided, however, that in no event shall the Applicable Premium be less than zero. 
 “Asset
Sale” means: 
 (1) the sale, lease (as lessor), conveyance or other voluntary disposition of any assets or rights
(including by way of merger or consolidation or a sale and leaseback) of the Issuer (excluding the sale of Equity Interest of the Issuer) or any of its Restricted Subsidiaries; provided that the sale, lease, conveyance or other disposition of
all or substantially all of the assets of the Issuer and its Restricted Subsidiaries taken as a whole shall be governed by Section 5.01 or 5.02 and not by Section 4.06, and 

(2) the issue or sale by the Issuer or any of its Restricted Subsidiaries of Equity Interests of any of the Issuer’s
Restricted Subsidiaries (other than director’s qualifying shares or shares required by applicable law to be held by a Person other than the Issuer or any of its Restricted Subsidiaries), 

  
 2 

 in the case of either clause (1) or (2), whether in a single transaction or a series of related transactions
that have a fair market value in excess of $5.0 million. 
 Notwithstanding the foregoing, the following shall not be Asset Sales: 

(a) a transfer of assets or an issuance of Equity Interests by a Restricted Subsidiary to the Issuer, any Wholly Owned
Restricted Subsidiary or any Restricted Subsidiary that is a Guarantor or a transfer of assets by the Issuer to a Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor; 

(b) the making of any Restricted Payment that is permitted by Section 4.04 (including any formation of or contribution of
assets to a Subsidiary or joint venture), the making of any Permitted Investment or the granting of any Lien permitted by Section 4.10; 

(c) any disposition of property or assets (including inventory and accounts receivable) of the Issuer or any of its Restricted
Subsidiaries in the ordinary course of business, or that in the reasonable judgment of the Issuer, have become uneconomic, obsolete, damaged or worn out or that are no longer used or useful in the business of the Issuer and its Restricted
Subsidiaries; 
 (d) the disposition of Cash Equivalents or cash; 

(e) leases, subleases, assignments, licenses or sublicenses (on a non-exclusive basis with respect to any intellectual
property) of real, personal or intellectual property in the ordinary course of business; 
 (f) the disposition of property
(including like-kind exchanges) to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property or (ii) the proceeds of such disposition are promptly applied to the purchase price of
such replacement property, in each case under Section 1031 of the Internal Revenue Code or otherwise; 
 (g) the
disposition of Investments in joint ventures (regardless of the form of legal entity) to the extent required by, or made pursuant to, customary buy/sell arrangements between the joint venture parties set forth in joint venture arrangements and
similar binding arrangements; 
 (h) dispositions of accounts receivable in connection with the collection or compromise
thereof; 
 (i) transfers of property subject to casualty, condemnation or eminent domain proceedings (including in lieu
thereof) upon the receipt of the net cash proceeds therefor; 
 (j) voluntary terminations of Hedging Obligations; 

  
 3 

 (k) sales of Securitization Assets and related assets of the type specified in
the definition of “Securitization Financing” to a Securitization Subsidiary in connection with any Qualified Securitization Financing; 

(l) any transfer of Securitization Assets and related assets of the type specified in the definition of “Securitization
Financing” (or a fractional undivided interest therein) by a Securitization Subsidiary in a Qualified Securitization Financing; 

(m) any dispositions (including sale and leaseback transactions) by a Foreign Subsidiary designed to generate foreign
distributable reserves and which are not adverse to the Holders in any material respect; 
 (n) any disposition that
constitutes a Change of Control; 
 (o) transactions contemplated by Section 5.03 hereof; 

(p) any issuance or sale of Equity Interests in, or Debt or other securities of an Unrestricted Subsidiary; 

(q) dispositions of accounts receivable of Foreign Subsidiaries pursuant to factoring arrangements that would otherwise be
permitted to be incurred as Indebtedness hereunder pursuant to clauses (3)(ii), (4) (with respect to Indebtedness incurred under clause (3)(ii)), (5) or (10) of Section 4.03(b) (it being understood that upon any such Disposition,
the amount of the uncollected receivable shall be deemed to be Indebtedness for purposes of Section 4.03 until the transferee has collected an amount from the account debtor at least equal to the amount paid to the applicable Subsidiary in
respect of such accounts receivable); and 
 (r) dispositions of Subsidiaries with no assets. 

“Attributable Debt” in respect of a sale and leaseback transaction means, at the time of determination, the present value
(discounted at the rate of interest implicit in such transaction, determined in accordance with GAAP) of the obligation of the lessee for net rental payments during the remaining term of the lease included in such sale and leaseback transaction
(including any period for which such lease has been extended); provided, however, that if such sale and leaseback transaction results in a Capital Lease Obligation, the amount of Debt represented thereby shall be determined in
accordance with the definition of “Capital Lease Obligation”. 
 “Authenticating Agent” refers to a Person
engaged to authenticate the Securities in the stead of the Trustee. 
 “Beneficial Owner,” “Beneficially
Own” and “Beneficial Ownership” have the meanings assigned to such terms in Rule 13d-3 and Rule 13d-5, under the Exchange Act, except that in calculating the Beneficial Ownership of any particular “person” or
“group,” as such terms are used in Section 13(d)(3) of the Exchange Act, (i) such person or group shall be deemed to have Beneficial Ownership of all shares of Capital Stock that such person or group has the right to acquire,
whether such right is currently exercisable or is exercisable only upon the occurrence of a subsequent condition and (ii) for purposes of clause (3) of the definition of “Change of 

  
 4 

 
Control” only, in the case of a “group” pursuant to Rule 13d-5(b)(1) of the Exchange Act which group includes one or more members of the Initial Control Group (or one or more
members of the Initial Control Group are deemed to share beneficial ownership with one or more other persons of any shares of Capital Stock), (a) such “group” shall be deemed not to have Beneficial Ownership of any shares held by a
member of the Initial Control Group forming a part of such group and (b) any person (other than a member of the Initial Control Group) that is a member of such group (or sharing such Beneficial Ownership) shall be deemed not to have Beneficial
Ownership of any shares held by a member of the Initial Control Group that is a part of such group (or in which such person shares Beneficial Ownership). 

“Board of Directors” means: 

(1) with respect to a corporation, the board of directors of the corporation or (except if used in the definition of
“Change of Control”) any authorized committee of the Board of Directors of such Person; 
 (2) with respect to a
partnership, the Board of Directors of the general partner of the partnership; and 
 (3) with respect to any other Person,
the board or committee of such Person serving a similar function. 
 “Business Day” means a day other than a Saturday,
Sunday or other day on which banking institutions in New York State or the state in which the Corporate Trust Office is located are authorized or required by law to close. 

“Capital Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability in respect
of a capital lease that would at such time be required to be capitalized on a balance sheet in accordance with GAAP. The Stated Maturity of any Capital Lease Obligation is the date of the last payment of rent or any other amount due under such lease
prior to the first date such lease may be terminated without penalty. 
 “Capital Stock” means: 

(1) in the case of a corporation, corporate stock; 

(2) in the case of a partnership, unlimited liability company or limited liability company, partnership or membership interests
(whether general or limited); and 
 (3) in the case of an association or other business entity, any and all shares,
interests, participations, rights or other equivalents (however designated) of corporate stock. 
 “Cash Equivalents”
means: 
 (1) securities issued or unconditionally guaranteed by the government of the United States, the United Kingdom or
any member state of the European 

  
 5 

 
Union whose legal tender is the euro, or in each case, any agency or instrumentality thereof having maturities of not more than two years from the date of acquisition; 

(2) securities issued by any state of the United States of America or any political subdivision of any such state or any public
instrumentality thereof having maturities of not more than 2 years from the date of acquisition thereof and, at the time of acquisition, having one of the two highest ratings generally obtainable from either S&P or Moody’s; 

(3) commercial paper rated “A-2” by S&P or “P-2” or better by Moody’s and in each case maturing
within two years after the date of creation thereof and, at the time of acquisition; 
 (4) domestic and LIBOR certificates
of deposit or bankers’ acceptances maturing no more than one year after the date of acquisition thereof issued by any bank having combined capital and surplus of not less than $500,000,000 

(5) certificates of deposit, time deposits and eurodollar time deposits with maturities of one year or less from the date of
acquisition, bankers’ acceptances with maturities not exceeding one year and overnight bank deposits, in each case with any commercial bank or trust company having capital and surplus in excess of $250,000,000 million in the case of U.S. banks
and $100,000,000 (or the U.S. dollar equivalent as of the date of determination) in the case of non-U.S. banks; 
 (6)
repurchase agreements with a term of not more than 12 months for underlying securities of the types described in clauses (2), (3) and (5) above entered into with any financial institution meeting the qualifications specified in clause
(3) above or securities dealers of recognized national standing 
 (7) readily marketable direct obligations with a
rating of at least “P-2” or “A-2” from either Moody’s or S&P, respectively (or if at any time neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another Rating Agency) and in
each case maturing within two years after the date of creation; 
 (8) instruments equivalent to those referred to in clauses
(1) to (7) above denominated in euro or pounds sterling or any other foreign currency comparable in credit quality and tenor to those referred to above and customarily used by corporations for cash management purposes in any jurisdiction
outside the United States to the extent reasonably required in connection with any business conducted by any Restricted Subsidiary organized in such jurisdiction; 

(9) investment funds investing at least 95% of their assets in securities of the types described in clauses (1)-(8) above.

  
 6 

 (10) Debt issued by Persons rated not less than “A” by S&P or
“A2” by Moody’s having a maturity not more than two years from the date of acquisition; 
 (11) shares of
investment companies that are registered under the Investment Company Act of 1940 and substantially all the investments of which are one or more of the types of securities described in clauses (1)-(10) above; and 

(12) in the case of Investments by the Issuer or any Foreign Subsidiary, other customarily utilized high-quality Investments in
the country where the Issuer or such Foreign Subsidiary is located or operates. 
 “CD&R” means Clayton,
Dubilier & Rice, LLC and any successor in interest thereto, and any successor to its investment management business. 

“CD&R Group” means (a) CD&R, (b) Clayton, Dubilier & Rice Fund VIII, L.P. and its successors in
interest and (c) any investment fund or vehicle managed, sponsored or advised by CD&R or any Affiliate thereof, and any Affiliate of or successor to any such investment fund or vehicle, excluding, in each case, any operating portfolio
company of any of the foregoing. 
 “CD&R Purchase Agreement” means the Stock Purchase Agreement, dated as of
August 31, 2010, among Univar, the Issuer and the CD&R Group. 
 “CD&R Purchase Transaction” means the
acquisition by the CD&R Group (and, if determined by the CD&R Group, one or more co-investors other than the members of the Initial Control Group) on the CD&R Purchase Transaction Date of the Equity Interests (other than Disqualified
Equity Interests) of the Issuer from the Issuer and Univar pursuant to the CD&R Purchase Agreement and the other transactions contemplated thereby. 

“CD&R Purchase Transaction Date” means November 30, 2010, the date of the closing of the CD&R Purchase
Transaction. 
 “CD&R Purchase Transaction Fee” means (x) $30,000,000 payable to certain members of the Initial
Control Group and (y) $30,000,000 payable to the CD&R Group, in each case, in connection with the CD&R Purchase Transaction. 

“Certificate of Beneficial Ownership” means a certificate substantially in the form of Exhibit G. 

“Certificated Security” means a Security in registered individual form without interest coupons. 

“Change of Control” means the occurrence of any of the following events: 

(1) at any time prior to a Qualified IPO, (a) the Initial Control Group ceases to be the Beneficial Owner, directly or
indirectly, of Voting Stock representing at least 50% of the total voting power of the Voting Stock of (x) so long as the Issuer is a Subsidiary of any Parent Entity, such Parent Entity (other than a Parent Entity that is a Subsidiary of a
Parent Entity) and (y) if the Issuer is 

  
 7 

 
not a Subsidiary of a Parent Entity, the Issuer and (b) the Sponsor and the Management Investors do not have the right or ability by voting power, contract or otherwise to elect or designate
for election a majority of the Board of Directors of (x) so long as the Issuer is a Subsidiary of any Parent Entity, such Parent Entity (other than a Parent Entity that is Subsidiary of a Parent Entity) and (y) if the Issuer is not a
Subsidiary of a Parent Entity, the Issuer; 
 (2) at any time on or after a Qualified IPO (a) any “person” or
“group” (as such terms are used in Sections 13(d) and 14(d) of the Exchange Act), other than one or more members of the Initial Control Group, becomes the Beneficial Owner, directly or indirectly of Voting Stock representing more than 35%
of the total voting power of the Voting Stock of (x) so long as the Issuer is a Subsidiary of any Parent Entity, such Parent Entity (other than a Parent Entity that is a Subsidiary of a Parent Entity) and (y) if the Issuer is not a
Subsidiary of a Parent Entity, the Issuer, and (b) (i) the Initial Control Group is not the Beneficial Owner of Voting Stock representing at least an equal percentage of the total voting power of the Voting Stock of such Parent Entity
(other than a Parent Entity that is a Subsidiary of a Parent Entity) or the Issuer, as applicable and (ii) the Sponsor and the Management Investors do not have the right or ability by voting power, contract or otherwise to elect or designate
for election a majority of the Board of Directors of (x) so long as the Issuer is a Subsidiary of any Parent Entity, such Parent Entity (other than a Parent Entity that is Subsidiary of a Parent Entity) and (y) if the Issuer is not a
Subsidiary of a Parent Entity, the Issuer; and 
 (3) Continuing Directors shall not constitute at least a majority of the
Board of Directors of the Issuer. 
 “Closing Date” means December 20, 2010. 

“Commission” means the Securities and Exchange Commission or any successor agency. 

“Commodity Hedging Agreements” means any futures contract or other similar agreement or arrangement designed to protect the
Issuer or any Subsidiary against fluctuations in commodities prices. 
 “Consolidated Cash Flow” means, with respect to any
Person for any period, the Consolidated Net Income of such Person for such period, plus: 
 (1) without duplication,
to the extent deducted (and not added back) in arriving at such Consolidated Net Income, the sum of the following amounts for the Issuer and the Restricted Subsidiaries for such period: 

(a) Consolidated Interest Expense; 

(b) provision for taxes based on income, profits or capital (or any alternative in lieu of), including federal, foreign state,
franchise, excise and similar taxes and foreign withholding taxes paid or accrued during such period, including any penalties and interest relating to any tax examinations, including payments made pursuant to any tax sharing

  
 8 

 
agreements or arrangements among the Issuer, its Restricted Subsidiaries and any direct or indirect parent company of the Issuer (so long as such tax sharing payments are attributable to the
operations of the Issuer and its Restricted Subsidiaries); 
 (c) depreciation and amortization expense of such Person and
its Restricted Subsidiaries on a consolidated basis and otherwise determined in accordance with GAAP; 
 (d) the amount of
any interest expense of any minority interest; 
 (e) management, monitoring, consulting and advisory fees and related
expenses paid to the Sponsor and to the CD&R Group in an amount not to exceed the maximum amount permitted under Section 4.07(b)(1); 

(f) any costs or expenses pursuant to any management equity plan or stock option plan or any other management or employee
benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such costs or expenses are funded with cash proceeds contributed to the capital of the Issuer or net cash proceeds of an issuance of Equity Interests
(other than Disqualified Equity Interests) of the Issuer; 
 (g) to the extent covered by insurance and actually reimbursed,
or, so long as the Issuer has made a determination that there exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is (A) not denied by the applicable carrier in writing
within 180 days and (B) in fact reimbursed within 365 days of the date of such evidence (with a deduction for any amount so added back to the extent not so reimbursed within such 365 days), expenses with respect to liability or casualty events
or business interruption 
 (h) expenses (i) to the extent covered by contractual indemnification or refunding
provisions in favor of the Issuer or a Restricted Subsidiary and actually paid or refunded, or, (ii) so long as the Issuer has made a determination that there exists reasonable evidence that such amount will in fact be paid or refunded by the
indemnifying party or other obligor and only to the extent that such amount is (A) not denied by the applicable indemnifying party or obligor in writing within 90 days and (B) in fact reimbursed within 180 days of the date of such evidence
(with a deduction for any amount so added back to the extent not so reimbursed within such 180 days); 
 (i) Securitization
Fees to the extent deducted in calculating Consolidated Net Income for such period; and 
 (j) any other non-cash charges or
expenses reducing Consolidated Net Income except to the extent representing accruals or reserves for future cash expenditures. 

  
 9 

 minus 

(2) without duplication and to the extent included in arriving at such Consolidated Net Income, the sum of the following
amounts for the Issuer and its Restricted Subsidiaries such period: 
 (a) extraordinary gains and unusual or non-recurring
gains; 
 (b) non-cash gains (excluding any non-cash gain to the extent it represents the reversal of an accrual or reserve
for a potential cash item that reduced Consolidated Cash Flow in any prior period); 
 (c) gains on asset sales (other than
asset sales in the ordinary course of business), and 
 (d) any net after-tax income from the early extinguishment of Debt or
hedging obligations or other derivative instruments, 
 in each case, as determined on a consolidated basis for the Issuer and the Restricted Subsidiaries
in accordance with GAAP. 
 “Consolidated Fixed Charge Coverage Ratio” means with respect to any Person for any period
consisting of such Person’s and its Restricted Subsidiaries’ most recently ended four fiscal quarters, the ratio of the Consolidated Cash Flow of such Person and its Restricted Subsidiaries for such period to the Fixed Charges of such
Person and its Restricted Subsidiaries for such period. In the event that the Issuer or any of its Restricted Subsidiaries incurs, assumes, Guarantees or redeems any Debt (other than revolving credit borrowings) or issues or redeems Preferred Stock,
in each case subsequent to the commencement of the period for which the Consolidated Fixed Charge Coverage Ratio is being calculated but prior to the date on which the event for which the calculation of the Consolidated Fixed Charge Coverage Ratio
is made (the “Calculation Date”), then the Consolidated Fixed Charge Coverage Ratio shall be calculated giving pro forma effect to such incurrence, assumption, Guarantee or redemption of Debt, or such issuance or redemption of
Preferred Stock, as if the same had occurred at the beginning of the applicable four-quarter reference period, provided that no pro forma effect shall be given to the incurrence of any Permitted Debt incurred on the Calculation Date or the
discharge on the Calculation Date of any Debt from the proceeds of any such Permitted Debt. 
 For purposes of making the computation
referred to above, Investments, acquisitions (including the Acquisition), dispositions, mergers and consolidations that have been made by the Issuer or any of its Restricted Subsidiaries during the four-quarter reference period or subsequent to such
reference period and on or prior to or simultaneously with the Calculation Date, and discontinued operations determined in accordance with GAAP on or prior to the Calculation Date, shall be given effect on a pro forma basis assuming that all such
Investments, acquisitions, dispositions, mergers and consolidations or discontinued operations (and the reduction or increase of any associated Fixed Charges, and the change in Consolidated Cash Flow, resulting therefrom, including as a result of
any Pro Forma Cost Savings) had occurred on the first day of the four-quarter reference period. If since the beginning of such period any Person that subsequently became a Restricted Subsidiary or was merged with or into the Issuer or any Restricted
Subsidiary since the beginning of such period shall have made any Investment, 

  
 10 

 
acquisition, disposition, merger or consolidation or discontinued an operation, that would have required adjustment pursuant to this definition, then the Consolidated Fixed Charge Coverage Ratio
shall be calculated giving pro forma effect thereto for such period as if such Investment, acquisition, disposition, merger or consolidation or discontinued operations had occurred at the beginning of the applicable four-quarter period. 

For purposes of this definition, whenever pro forma effect is to be given to a transaction, the pro forma calculations shall be made in good
faith by a financial or accounting officer of the Issuer. If any Debt to which pro forma effect is given bears interest at a floating rate, the interest expense on such Debt shall be calculated as if the rate in effect on the Calculation Date had
been the applicable interest rate for the entire period (taking into account any Interest Rate Agreement in effect on the Calculation Date). Interest on a Capital Lease Obligation shall be deemed to accrue at an interest rate reasonably determined
by a responsible financial or accounting officer of the Issuer to be the rate of interest implicit in such Capital Lease Obligation in accordance with GAAP. Interest on Debt that may optionally be determined at an interest rate based upon a factor
of a prime or similar rate, a eurocurrency interbank offered rate, or other rate, shall be deemed to have been based upon the rate actually chosen, or, if none, then based upon such optional rate chosen as the Issuer may designate. For purposes of
making the computation referred to above, interest on any Debt under a revolving credit facility computed on a pro forma basis shall be computed based upon the average daily balance of such Debt during the applicable period. 

“Consolidated Interest Expense” means, for any period, the total interest expense (including, without limitation, interest
expense attributable to Capital Lease Obligations and all net payment obligations pursuant to Hedging Obligations and Securitization Fees but excluding commitment fees, letter of credit fees and non-cash amortization of loan costs) of the Issuer and
its Restricted Subsidiaries, net of all interest income of the Issuer and its Restricted Subsidiaries, all determined for such period on a consolidated basis, without duplication, in accordance with GAAP. 

“Consolidated Net Income” means, with respect to any Person for any period, the net income (loss) of such Person and its
Restricted Subsidiaries for such period, determined on a consolidated basis, in accordance with GAAP excluding, without duplication: 

(1) any extraordinary (net of any tax effect), unusual or nonrecurring gains, losses, costs, charges or expenses (including,
without limitation, severance, relocation, transition and other restructuring costs and litigation settlements or losses), including, without limitation extraordinary losses and unusual or non-recurring charges in connection with any Investment or
Asset Sale; 
 (2) the cumulative effect of a change in accounting principles during such period to the extent included in
Consolidated Net Income; 
 (3) any non-cash compensation expense realized for grants of performance shares, stock options or
other rights to officers, directors and employees of the Issuer or any Subsidiary, provided that such shares, options or other rights can be redeemed at the option of the holder only for Capital Stock of the Issuer (other than Disqualified
Stock); 

  
 11 

 (4) [reserved]; 

(5) in the case of any period that includes a period ending prior to or during the fiscal quarter ending June 30, 2011,
any fees or expenses incurred or paid by the Issuer or any of its Subsidiaries in connection with the CD&R Purchase Transaction, the amendment of the GSMP Indenture on the CD&R Purchase Transaction Date (and related amendments to such
amendment), the Senior Credit Facility and the transactions contemplated hereby and thereby; 
 (6) [reserved] 

(7) any fees, costs, commissions, expenses or other charges incurred during such period in connection with the Acquisition, any
other acquisition, investment, recapitalization, asset disposition, issuance or repayment of debt or issuance of equity securities Permitted Investment or any Debt permitted to be incurred under this Indenture and any non-recurring costs relating to
corporate reorganizations (in each case, including any such transaction undertaken but not completed) and any charges during such period as a result of any such transaction; 

(8) the amount of any restructuring charges or reserves (which, for the avoidance of doubt, shall include retention, severance,
systems establishment cost, excess pension charges, contract termination costs, future lease commitments, and costs to consolidate facilities and relocate employees) deducted in such period in computing Consolidated Net Income; 

(9) currency translation gains and losses related to currency remeasurements of Debt or intercompany balances (including the
net loss or gain resulting from Hedge Agreements for currency exchange risk); 
 (10) any net, after-tax income (loss) for
such period and all fees and expenses or charges relating thereto attributable to the early extinguishment of Debt or to Hedging Obligations; 

(11) [reserved]; 

(12) the income (loss) for such period of any Person that is not a Restricted Subsidiary of such Person or that is accounted
for by the equity method of accounting, except to the extent distributed to the Issuer or any Restricted Subsidiary; and 

(13) solely for purposes of determining Consolidated Net Income under clause (iii) (A) of Section 4.04(a), the
Net Income of any Subsidiary shall be excluded to the extent that the declaration or payment of dividends or similar distributions by that Subsidiary of that Net Income is not at the date of determination permitted without any prior governmental
approval (that has not 

  
 12 

 
been obtained) or that is, directly or indirectly, prohibited by operation of the terms of its charter or any agreement, instrument, judgment, decree, order, statute, rule or governmental
regulation applicable to that Subsidiary or its stockholders unless such restriction with respect to the payment of dividends has been waived. 

There shall be excluded from Consolidated Net Income for any period the purchase accounting effects of adjustments to inventory, property,
equipment and intangible assets and deferred revenue in component amounts required or permitted by GAAP and related authoritative pronouncements (including the effects of such adjustments pushed down to the Issuer and the Restricted Subsidiaries),
as a result of the Acquisition, any consummated acquisition whether consummated before or after the Closing Date, or the amortization or write-off of any amounts thereof. 

“Continuing Director” means, at any date, an individual (a) who is a member of the Board of Directors of the Issuer on
the Closing Date, (b) who has been nominated to be a member of such Board of Directors, directly or indirectly, by a Sponsor or Persons nominated by a Sponsor or (c) who has been nominated to be a member of such Board of Directors by a
majority of the other Continuing Directors then in office. 
 “Corporate Trust Office” means the office of the Trustee
specified in Section 13.02 or any other office specified by the Trustee from time to time pursuant to such Section. 
 “Credit
Facilities” means, with respect to the Issuer and the Issuer’s Restricted Subsidiaries, one or more debt facilities, indentures or agreements (including the Senior Credit Facility), receivables facilities or commercial paper facilities
with banks, insurance companies or other institutional lenders providing for revolving credit loans, term loans, notes, factoring or other receivables financing (including through the sale of receivables to such lenders or to special purpose
entities formed to borrow from or issue securities to such lenders against such receivables) or letters of credit or other credit facilities, in each case, as amended, restated, modified, renewed, refunded, replaced or refinanced in whole or in part
from time to time (if more than one such facility, each individually, a “Credit Facility”). 
 “Currency
Agreement” means any foreign exchange contract, currency swap agreement or other similar agreement or arrangement to which the Issuer or any Subsidiary is a party or of which it is a beneficiary. 

“CVC” means CVC Capital Partners Group Sarl. 

“Debt” means, with respect to any Person (without duplication): 

(1) any indebtedness of such Person, whether or not contingent, 

(a) in respect of borrowed money; or 

(b) evidenced by bonds, notes, debentures or similar instruments or letters of credit (or reimbursement agreements in respect
thereof) or banker’s acceptances; or 

  
 13 

 (c) representing the balance deferred and unpaid of the purchase price of any
property (which purchase price is due more than six months after the date of purchase thereof), including Capital Lease Obligations, except any such balance that constitutes an accrued expense or trade payable or similar obligation; or 

(d) representing any Hedging Obligations, 

if and to the extent any of the foregoing indebtedness (other than letters of credit and Hedging Obligations) would appear as a
liability upon a balance sheet of such Person prepared in accordance with GAAP; 
 (2) all indebtedness under clause
(1) of other Persons secured by a Lien on any asset of such Person (whether or not such indebtedness is assumed by such Person) provided that the amount of indebtedness of such Person shall be the lesser of: 

(a) the fair market value of such asset at such date of determination; and 

(b) the amount of such indebtedness of such other Persons; 

(3) to the extent not otherwise included, the Guarantee by such Person of any Debt under clause (1) of any other Person;
and 
 (4) any Disqualified Stock of such Person; 

provided, however, that Debt shall not include trade payables and accrued expenses arising in the ordinary course of business and not past due
by more than 90 days or being disputed in good faith. 
 Except as otherwise expressly provided in this definition, or in the definition of
“Disqualified Stock” the amount of any Debt outstanding as of any date shall be: 
 (1) with respect to contingent
obligations, the maximum liability upon the occurrence of the contingency giving rise to the obligation; 
 (2) with respect
to any Hedging Obligation, the net amount payable if such Hedging Obligation terminated at that time due to default by such Person; 

(3) the accreted value thereof, in the case of any Debt issued at a discount to par; or 

(4) except as provided above, the principal amount or liquidation preference thereof, in the case of any other Debt. 

“Debt Facilities” means, with respect to the Issuer and the Issuer’s Restricted Subsidiaries, one or more debt or credit
facilities, indentures or agreements (including the Senior Credit Facility) with one or more banks, insurance companies, funds, financial institutions or other institutional lenders or investors, not entered into in the regular ordinary course of
business, 

  
 14 

 
providing for revolving credit loans, term loans, notes, debentures or letters of credit or other credit or financing facilities, in each case, as amended, restated, modified, renewed, refunded,
replaced or refinanced in whole or in part from time to time (if more than one such facility, each individually, a “Debt Facility”). 

“Default” means any event that is or with the passage of time or the giving of notice or both would be an Event of Default.

 “Default Interest Rate” means a rate equal to 2% per annum. 

“Depositary” means the depositary of each Global Security, which will initially be DTC. 

“Designated Non-Cash Consideration” means the fair market value of non-cash consideration received by the Issuer or any of
its Restricted Subsidiaries in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to an Officers’ Certificate setting forth the basis of such valuation (which amount will be reduced by the fair market
value of the portion of the non-cash consideration converted to cash following the consummation of the applicable Asset Sale). 

“Designated Senior Debt” means: 

(1) any Debt outstanding under the Senior Credit Facility; and 

(2) any other Senior Debt permitted under this Indenture, the principal amount of which is $25.0 million or more and that has
been designated by the Issuer by notice to the Trustee as “Designated Senior Debt.” 
 “Disqualified Equity
Interests” means Disqualified Stock and all warrants, options or other rights to acquire Disqualified Stock (but excluding any debt security that is convertible into, or exchangeable for, Disqualified Stock). 

“Disqualified Stock” means any class or series of Capital Stock of any Person that by its terms or otherwise is: 

(1) required to be redeemed or is redeemable at the option of the holder of such class or series of Capital Stock at any time
on or prior to the date that is 91 days after the Stated Maturity of the Securities; or 
 (2) convertible into or
exchangeable at the option of the holder thereof at any time on or prior to the date that is 91 days after the Stated Maturity of the Securities for Capital Stock referred to in clause (1) above or Debt. 

Notwithstanding the preceding sentence, (A) if such Capital Stock is issued to any plan for the benefit of employees or by any such plan
to such employees, in each case in the ordinary course of business of the Issuer or its Subsidiaries, such Capital Stock shall not constitute Disqualified Stock solely because it may be required to be repurchased by the Issuer in order to satisfy
applicable statutory or regulatory obligations; (B) any Capital Stock that would constitute Disqualified Stock solely because the holders of the Capital Stock have the right to require the 

  
 15 

 
Issuer to repurchase such Capital Stock upon the occurrence of a change of control or an asset sale shall not constitute Disqualified Stock if the terms of such Capital Stock provide that the
Issuer may not repurchase or redeem any such Capital Stock pursuant to such provisions unless such repurchase or redemption complies with Section 4.04; and (C) no Capital Stock held by any future, present or former employee, director,
officer or consultant of the Issuer (or any of its Subsidiaries) shall be considered Disqualified Stock because such stock is redeemable or subject to repurchase pursuant to any management equity subscription agreement, stock option agreement, stock
ownership plan, put agreement, stockholder agreement or similar agreement that may be in effect from time to time. 
 For purposes hereof,
the amount (or principal amount) of any Disqualified Stock shall be equal to the greater of its voluntary or involuntary liquidation preference and its maximum fixed repurchase price, but excluding accrued dividends, if any. The “maximum fixed
repurchase price” of any Disqualified Stock which does not have a fixed repurchase price shall be calculated in accordance with the terms of such Disqualified Stock as if such Disqualified Stock were purchased on any date as of which it shall
be required to be determined pursuant to this Indenture, and if such price is based upon, or measured by, the fair market value of such Disqualified Stock, such fair market value shall be determined reasonably and in good faith by the Board of
Directors of the issuer of such Disqualified Stock. 
 “Domestic Subsidiary” means any Restricted Subsidiary other than a
Foreign Subsidiary. 
 “DTC” means The Depository Trust Company, a New York corporation, and its successors. 

“DTC Legend” means the legend set forth in Exhibit C. 

“Equity Interests” means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any
debt security that is convertible into, or exchangeable for, Capital Stock). 
 “Exchange Act” means the Securities
Exchange Act of 1934, as amended. 
 “Exchange Offer” means an offer by the Issuer to the Holders of any Initial Securities
to exchange outstanding Securities for Exchange Securities, as provided for in a Registration Rights Agreement. 
 “Exchange Offer
Registration Statement” means the Exchange Offer Registration Statement as defined in a Registration Rights Agreement. 

“Exchange Securities” means the Securities of the Issuer issued pursuant to this Indenture in exchange for, and in an
aggregate principal amount equal to, the Initial Securities in compliance with the terms of a Registration Rights Agreement and containing terms substantially identical to the Initial Securities (except that (i) such Exchange Securities will be
registered under the Securities Act and will not be subject to transfer restrictions or bear the Restricted Legend, and (ii) the provisions relating to Additional Interest will be eliminated). 

  
 16 

 “Excluded Cash Contributions” means net cash proceeds or cash contributions
designated as such pursuant to Section 4.04(b)(2). 
 “Fixed Charges” means, with respect to any Person for any
period, the sum of: 
 (1) Consolidated Interest Expense of such Person for such period; 

(2) all dividends or other distributions paid (excluding items eliminated in consolidation and distributions of Equity
Interests (other than Disqualified Stock)) on any series of Preferred Stock of any Restricted Subsidiary during such period; and 

(3) all dividends or other distributions paid (excluding items eliminated in consolidation and distributions of Equity
Interests (other than Disqualified Stock)) on any series of Disqualified Stock during such period. 
 “Foreign Subsidiary”
means any Restricted Subsidiary of the Issuer organized under the laws of any jurisdiction other than the United States or any political subdivision thereof. 

“GAAP” means generally accepted accounting principles in the United States of America as in effect on the Closing Date,
including those set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or in such other
statements by such other entity as have been approved by a significant segment of the accounting profession. 
 “Global
Security” means a Security in registered global form without interest coupons. 
 “Government Notes” means
non-redeemable, direct obligations (or certificates representing an ownership interest in such obligations) of, or obligations guaranteed by, the United States of America (including any agency or instrumentality thereof) for the payment of which
guarantee or obligations the full faith and credit of the United States is pledged. 
 “GSMP Indenture” means the
Indenture, dated as of October 11, 2007 (as amended by the First Supplemental Indenture, dated as of October 17, 2007 and the Second Supplemental Indenture, dated September 20, 2010, as amended by the First Amendment to the Second
Supplemental Indenture dated October 8, 2010 and the Second Amendment to the Second Supplemental Indenture dated October 28, 2010) between the Company and Wells Fargo Bank, National Association, as trustee, as the same may be amended,
supplemented, waived or otherwise modified from time to time in accordance with the terms thereof. 
 “Guarantee” means a
guarantee (other than by endorsement of negotiable instruments for collection in the ordinary course of business), direct or indirect, in any manner (including letters of credit and reimbursement agreements in respect thereof), of all or any part of
any Debt. 

  
 17 

 “Guarantors” means: 

(1) each of the Issuer’s Subsidiaries that execute Securities Guarantees other than any Foreign Subsidiary; and 

(2) each other Subsidiary that executes and delivers a Security Guarantee after the Closing Date; and 

(3) their respective successors and assigns hereunder, 

in each case until released from its Security Guarantee in accordance with the terms of this Indenture. On the Closing Date, the Guarantors
shall be each of the Issuer’s Domestic Subsidiaries that guarantee the Senior Credit Facility. 
 “Hedging
Obligations” means, with respect to any Person, the obligations of such Person under Interest Rate Agreements, Currency Agreements or Commodity Hedging Agreements. 

“Holdco” means Ulixes Acquisition B.V., an entity organized under the laws of the Netherlands. 

“Holder” or “Securityholder” means the Person in whose name a Security is registered on the Registrar’s
books. 
 “Indenture” means this Indenture as amended or supplemented from time to time. 

“Initial Control Group” means (i) the Sponsor, (ii) any Person who has made an investment in Holdco or the Issuer
(directly or indirectly) concurrently with the Sponsor prior to the Closing Date, (iii) any Person who is an officer or otherwise a member of management of Holdco or the Issuer (or any of its direct or indirect parent companies) and its
Restricted Subsidiaries; provided that, in no event shall the Sponsor own a lesser percentage of Voting Stock than any other person or group referred to in clauses (ii) and (iii). 

“Initial Purchasers” means Apollo Investment Corporation, AIE EuroLux S.à r.l., GSLP I Offshore Issuer Fund A, L.P.,
GSLP I Offshore Issuer Fund B, L.P., GSLP I Offshore Issuer Fund C, L.P., GSLP Onshore Issuer Fund, L.L.C., FS Investment Corporation, GSO Capital Opportunities Fund LP, Highbridge Principal Strategies – Mezzanine Partners Delaware Subsidiary,
LLC, Highbridge Principal Strategies – Institutional Mezzanine Partners Subsidiary, L.P., Highbridge Principal Stategies – Offshore Mezzanine Partners Master Fund, L.P. and JPM Mezzanine Capital, LLC. 

“Initial Purchaser Parties” means the Initial Purchasers, the Affiliates thereof and any Subsidiary of the foregoing that are
holders. 
 “Initial Securities” means the Securities issued on the Closing Date and any Securities issued in replacement
thereof, but not including any Exchange Securities issued in exchange therefor. 
 “Institutional Accredited Investor
Certificate” means a certificate substantially in the form of Exhibit F hereto. 

  
 18 

 “Interest Rate Agreement” means any interest rate swap agreement, interest rate
cap agreement, repurchase agreement, futures contract or other financial agreement or arrangement designed to protect the Issuer or any Subsidiary against fluctuations in interest rates. 

“Investments” means, with respect to any Person, all investments by such Person in other Persons (including Affiliates) in
the form of direct or indirect loans (but excluding Guarantees of Debt not otherwise prohibited from being incurred under this Indenture), advances or capital contributions (excluding commission, travel, payroll, entertainment, relocation and
similar advances to officers and employees and profit sharing plan contributions made in the ordinary course of business), and purchases or other acquisitions for consideration of Debt, Equity Interests or other securities. If the Issuer or any
Restricted Subsidiary of the Issuer sells or otherwise disposes of any Equity Interests of any direct or indirect Restricted Subsidiary of the Issuer such that, after giving effect to any such sale or disposition, such Person is no longer a
Subsidiary of the Issuer, the Issuer shall be deemed to have made an Investment on the date of any such sale or disposition equal to the fair market value of the Equity Interests of such Subsidiary not sold or disposed, as determined in good faith
by the Board of Directors of the Issuer. For purposes of the definition of “Unrestricted Subsidiary” and Section 4.04 hereof: 

(1) “Investments” shall include the portion (proportionate to the Issuer’s Equity Interest in such Subsidiary)
of the fair market value of the net assets of a Subsidiary of the Issuer at the time that such Subsidiary is designated an Unrestricted Subsidiary; provided, however, that upon a redesignation of such Subsidiary as a Restricted
Subsidiary, the Issuer shall be deemed to continue to have a permanent “Investment” in an Unrestricted Subsidiary in an amount (if positive) equal to: 

(a) the Issuer’s “Investment” in such Subsidiary at the time of such redesignation; less 

(b) the portion (proportionate to the Issuer’s Equity Interest in such Subsidiary) of the fair market value of the net
assets of such Subsidiary at the time of such redesignation; and 
 (2) any property transferred to or from an Unrestricted
Subsidiary shall be valued at its fair market value at the time of such transfer. 
 “Issue Date” means each date on which
Securities are issued pursuant to this Indenture. 
 “Issuer” means the party named as such in this Indenture until a
successor replaces it and, thereafter, means the successor and, for purposes of any provision contained herein and required by the TIA as it applies after a TIA Event, each other obligor on the Securities. 

“Lien” means, with respect to any asset, any mortgage, deed of trust, lien, pledge, charge, security interest or encumbrance
of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement or any lease in the nature thereof); provided that in no event
shall an operating lease be deemed to constitute a Lien. 

  
 19 

 “Management Agreements” mean, collectively, any agreement entered into by the
Sponsor or the CD&R Group from time to time, primarily providing for or relating to any management, consulting, financial advisory, financing, underwriting or placement services or other investment banking activities with respect to the Issuer
and its Restricted Subsidiaries or any direct or indirect parent company of the Issuer, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms thereof and of this Indenture.

 “Management Investors” means the directors, management officers and employees of the Issuer (or any of its direct or
indirect parent companies) and its Subsidiaries. 
 “Moody’s” means Moody’s Investors Service, Inc. 

“Net Proceeds” means the aggregate cash proceeds or Cash Equivalents received by the Issuer or any of its Restricted
Subsidiaries in respect of any Asset Sale (including any cash received upon the sale or other disposition of any non-cash consideration received in any Asset Sale), net of the direct costs relating to such Asset Sale (including legal, accounting and
investment banking fees, and brokerage and sales commissions) and any relocation, redundancy and closing costs incurred as a result thereof, taxes paid or payable as a result thereof (after taking into account any available tax credits or deductions
and any tax sharing arrangements), amounts applied to the repayment of principal, premium, if any, and interest on Debt of the Issuer and its Restricted Subsidiaries that is not subordinated to the Securities and required (other than as required by
Section 4.06(b)(1) or 4.06(c)(2)) to be paid as a result of such Asset Sale, all distributions and other payments required to be made to minority interest holders in Restricted Subsidiaries or joint ventures as a result of such Asset Sale, and
any deduction of appropriate amounts to be provided by the Issuer and its Restricted Subsidiaries as a reserve in accordance with GAAP against any liabilities associated with the asset disposed of in such Asset Sale and retained by the Issuer and
its Restricted Subsidiaries after such Asset Sale, including pension and other post-employment benefit liabilities and liabilities related to environmental matters or against any indemnification obligations associated with such Asset Sale. 

“Non-U.S. Person” means a Person that is not a U.S. person, as defined in Regulation S. 

“Obligations” means any principal, interest, Additional Interest, penalties, fees, indemnifications, reimbursements, damages,
Guarantees and other liabilities payable under the documentation governing any Debt, in each case, whether now or hereafter existing, renewed or restructured, whether or not from time to time decreased or extinguished and later increased, created or
incurred, whether or not arising on or after the commencement of a proceeding under Title 11, U.S. Code or any similar federal or state law for the relief of debtors (including post-petition interest) and whether or not allowed or allowable as a
claim in any such proceeding. 
 “Officers” means any of the following: Chairman, President, Chief Executive Officer,
Treasurer, Chief Financial Officer, Executive Vice President, Senior Vice President, Vice President, Assistant Vice President, Secretary, Assistant Secretary or any other officer reasonably acceptable to the Trustee. 

“Officers’ Certificate” means a certificate signed by two Officers. 

  
 20 

 “Offshore Global Security” means a Global Security representing Securities
issued and sold pursuant to Regulation S. 
 “Opinion of Counsel” means a signed written opinion from legal counsel who is
reasonably acceptable to the Trustee. The counsel may be an employee of or counsel to the Issuer, any Guarantor or the Trustee. As to matters of fact, an Opinion of Counsel may conclusively rely on an Officers’ Certificate, without any
independent investigation. 
 “Parent Entity” means any company (at the time it is designated a Parent Entity by the
Issuer) whose only assets are the Capital Stock and Equity Interests of the Issuer (or one or more other Parent Entities) and assets incidental to such ownership and its existence; provided that such Parent Entity shall cease to be a
“Parent Entity” at such time as such Parent Entity ceases to Beneficially Own, directly or indirectly, 100% of the Voting Stock of the Issuer. It being understood that as of the Closing Date, the Issuer has not designated any Parent
Entity. 
 “Parent Subordinated Notes” means each promissory note issued by the Issuer in compliance with
Section 4.03(e) owed to Univar or any other direct or indirect parent company of the Issuer and outstanding on the CD&R Purchase Transaction Date. 

“Pari Passu Debt” means any senior subordinated Debt of the Issuer or any Guarantor that ranks pari passu in
right of payment with the Securities or the relevant Security Guarantee. 
 “Payment” means, for purposes of Articles 10
and 12 and with respect to the Securities and Security Guarantees, any payment, whether in cash or other assets or property, of interest, principal, premium, or any other amount on, of or in respect of the Securities or the Security Guarantees, any
other acquisition of Securities or Security Guarantees and any deposit into the trust described in Article 8. The verb “pay” has a correlative meaning. 

“Permanent Offshore Global Security” means an Offshore Global Security that does not bear the Temporary Offshore Global
Security Legend. 
 “Permitted Business” means the businesses and any services, activities or businesses incidental, or
directly related or similar to, any line of business conducted by the Issuer and its Subsidiaries as of the Closing Date and any other business reasonably related, complementary, ancillary or incidental to any of those businesses. 

“Permitted Investments” means: 

(1) any Investment by the Issuer in any Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor, or
by a Restricted Subsidiary in the Issuer or another Restricted Subsidiary that is a Wholly Owned Restricted Subsidiary or a Guarantor; 

(2) any Investment in (a) cash or Cash Equivalents or (b) to the extent determined by the Issuer in good faith to be
necessary for local currency working capital requirements of a Foreign Subsidiary, other cash equivalents, provided in the case of clause (b), the Investment is made by the Foreign Subsidiary having such requirements; 

  
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 (3) (i) any Investment by the Issuer or any Restricted Subsidiary in a
Person that is engaged in a Permitted Business if as a result of such Investment: 
 (A) (x) such Person becomes a
Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor or (y) such Person, in one transaction or a series of related transactions, is merged, consolidated or amalgamated with or into, or transfers or conveys
substantially all of its assets to, or is liquidated into, the Issuer or a Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor, 

(B) no Event of Default shall have occurred or be continuing or will result therefrom, and 

(C) any Debt of such Person is permitted under Section 4.03, and, 

(ii) any Investment held by such Person; provided that such Investment was not acquired by such Person in contemplation
of such acquisition, merger consolidation, or transfer; 
 (4) any securities or assets received or other Investments made as
a result of the receipt of non-cash consideration in connection with an Asset Sale that was made pursuant to and in compliance with Section 4.06 or in connection with any disposition of assets not constituting an Asset Sale (except for
dispositions exempt from such definition pursuant to clause (b) of the exceptions thereto); 
 (5) any Investment solely
in exchange for the issuance of Equity Interests (other than Disqualified Equity Interests) of the Issuer or any of its direct or indirect parent companies; 

(6) loans or advances to officers, directors and employees of the Issuer (or any direct or indirect parent thereof) or any of
its Subsidiaries (i) for reasonable and customary business-related travel, relocation and analogous ordinary business purposes (including employee payroll advances) and (ii) in connection with such Person’s purchase of Capital Stock
of the Issuer (or any direct or indirect parent thereof) to the extent that the amount of such loans and advances are directly or indirectly contributed to the Issuer in cash; 

(7) stock, obligations or securities received in satisfaction of judgments, foreclosure of liens or settlement of debts
(whether pursuant to a plan of reorganization or similar arrangement); 
 (8) any Investment existing on the Closing Date or
pursuant to agreements in effect on the Closing Date as set forth on Schedule 1.01 and any modification, replacement, renewal, or extension thereof; provided that the amount of any such Investment may be increased (a) as required by the
terms of such Investment or (b) as otherwise permitted hereunder; 

  
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 (9) Investments in Interest Rate Agreements, Currency Agreements and Commodity
Hedging Agreements not otherwise prohibited under this Indenture; 
 (10) Investments in split dollar life insurance policies
on officers and directors of the Issuer and its Restricted Subsidiaries in the ordinary course of business; 
 (11)
receivables owing to the Issuer or any Restricted Subsidiary, if created or acquired in the ordinary course of business and payable or dischargeable in accordance with customary trade terms (including such concessionary terms as the Issuer or the
Restricted Subsidiary deems reasonable); 
 (12) Guarantees of Debt permitted under Section 4.03 and performance
guarantees in the ordinary course of business and consistent with past practice; 
 (13) any Investment in a Securitization
Subsidiary or any Investment by a Securitization Subsidiary in any other Person in connection with a Qualified Securitization Financing, including, without limitation, Investments of funds held in accounts permitted or required by the arrangements
governing such Qualified Securitization Financing or any related Debt; 
 (14) Investments consisting of earnest money
deposits required in connection with a purchase agreement or other acquisition; 
 (15) any Investment in a Permitted
Business having an aggregate fair market value, taken together with all other Investments made pursuant to this clause (15) that are at that time outstanding, not to exceed $25.0 million at the time of such Investment (with the fair market
value of each Investment being measured at the time made and without giving effect to subsequent changes in value); and 

(16) additional Investments having an aggregate fair market value, taken together with all other Investments made pursuant to
this clause (16) that are at that time outstanding (without giving effect to the sale of an Unrestricted Subsidiary to the extent the proceeds of such sale do not consist of cash and/or marketable securities), not to exceed $25.0 million at the
time of such Investment (with the fair market value of each Investment being measured at the time made and without giving effect to subsequent changes in value); provided that if such Investment is in Capital Stock of a Person that
subsequently becomes a Wholly Owned Restricted Subsidiary or Guarantor and otherwise complies with clause (3) above at the time such Person becomes a Wholly Owned Restricted Subsidiary or Guarantor, such Investment shall thereafter be deemed
permitted under clause (3) above and shall not be included as having been pursuant to this clause (16). 

  
 23 

 “Permitted Junior Securities” means debt or equity securities of the Issuer or
any successor corporation issued pursuant to a plan of reorganization or readjustment of the Issuer that are subordinated to the payment of all then outstanding Senior Debt of the Issuer, at least to the same extent that the Securities are
subordinated to the payment of all Senior Debt of the Issuer, on the Closing Date, and so long as in the case of debt securities, such debt securities: 

(a) are unsecured; 

(b) do not have terms (and are not subject to or entitled to the benefit of any instrument or agreement that has terms) that
are more burdensome to the Issuer and its Restricted Subsidiaries (or other issuer or obligor) than are the Securities; and 

(c) to the extent that the same are to be guaranteed, shall only be guaranteed by the Issuer and its successors and those
Restricted Subsidiaries of the Issuer that have guaranteed the Senior Debt of the Issuer (as such Senior Debt may be modified pursuant to any such reorganization or readjustment) and such guarantees shall be subordinated at least to the same extent
as the Guarantees are subordinated to the payment of all Senior Debt of the Guarantors; provided that in the bankruptcy, reorganization, insolvency, receivership or similar proceeding giving rise to such plan, and under such plan, the class
comprised of the Holders of the Securities is separately classified from any class comprised of holders of Debt under the Credit Facilities. 

“Permitted Liens” means: 

(1) Liens securing Senior Debt of the Issuer or any Guarantor or Debt of a Restricted Subsidiary that is not a Guarantor (in
each case including related Obligations) that was permitted by the terms of this Indenture to be incurred; 
 (2) Liens in
favor of the Issuer or any Restricted Subsidiary; 
 (3) Liens on property (i) existing at the time of acquisition
thereof or (ii) of a Person existing at the time such Person is merged into or consolidated with or acquired by the Issuer or any Restricted Subsidiary of the Issuer; provided that such Liens were in existence prior to the contemplation
of such acquisition, merger or consolidation and do not extend to any assets other than those acquired or those of the Person so acquired (including through merger or consolidation); 

(4) Liens that secure Debt of a Person existing at the time such Person becomes a Restricted Subsidiary of the Issuer and not
incurred in contemplation thereof, provided that such Liens do not extend to any assets other than those of the Person that became a Restricted Subsidiary of the Issuer; 

(5) banker’s Liens, rights of setoff and Liens to secure the performance of bids, tenders, trade or government contracts
(other than for the payment of Debt), leases, licenses, statutory obligations, surety or appeal bonds, performance bonds, or deposits as security for contested taxes or import duties or for the payment of rent, or other obligations of a like nature
incurred in the ordinary course of business; 

  
 24 

 (6) without limitation of clause (1), Liens to secure Debt (including Capital
Lease Obligations) incurred for the purpose of financing all or any part of the purchase price or cost of construction, improvement or lease of any property, plant or equipment, in each case covering only the assets acquired, constructed, improved
or leased with such Debt or the Capital Stock of any Person owning such assets; provided that such Debt is incurred within 180 days after the later of such purchase or completion of such construction or improvement or commencement of full
operation of the property subject to the Lien; 
 (7) Liens existing on the Closing Date (not otherwise constituting
Permitted Liens); 
 (8) Liens imposed by law such as (A) carriers’, warehousemen’s, mechanics’,
landlords’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business and (B) Liens for taxes, assessments or governmental charges or claims, in each case, that are not yet due or delinquent or
that are bonded, as the case may be, or that are being contested in good faith and by appropriate proceedings provided that any reserve or other appropriate provision as shall be required in conformity with GAAP shall have been made therefor;

 (9) Liens, pledges or deposits in connection with workmen’s compensation obligations and general liability exposure
of the Issuer and its Restricted Subsidiaries, unemployment insurance and other social security legislation; 
 (10) Liens on
goods (and the proceeds thereof) and documents of title and the property covered thereby securing Debt in respect of commercial letters of credit; 

(11) (A) mortgages, Liens, security interests, restrictions, encumbrances or any other matters of record that have been
placed by any developer, landlord or other third party on property over which the Issuer or any Restricted Subsidiary of the Issuer has easement rights or on any real property leased by the Issuer or any Restricted Subsidiary and subordination or
similar agreements relating thereto and (B) any condemnation or eminent domain proceedings affecting any real property; 

(12) Liens arising by reason of a judgment, decree or court order, to the extent not otherwise resulting in an Event of
Default, and any Liens that are required to protect or enforce any rights in any administrative, arbitration or other court proceedings in the ordinary course of business; 

(13) Liens (a) on assets or properties subject to a Permitted Lien securing Debt permitted by this Indenture to be
incurred, securing Interest Rate Agreements in respect of such Debt or (b) securing Hedging Obligations entered into in the ordinary course of business; 

  
 25 

 (14) extensions, renewals or replacements of any Liens referred to in clauses
(3), (4), or (6) in connection with the refinancing of the obligations secured thereby, provided that such Lien does not extend to any other property and, except as contemplated by the definition of “Permitted Refinancing
Debt,” the amount secured by such Lien is not increased; 
 (15) Liens on accounts receivable and related assets of the
type specified in the definition of “Securitization Financing” incurred in connection with a Securitization Financing; 

(16) Liens on the Capital Stock of Unrestricted Subsidiaries; 

(17) Liens arising from Uniform Commercial Code financing statement filings regarding operating leases or consignments entered
into by the Issuer and its Restricted Subsidiaries in the ordinary course of business; 
 (18) any provision for the
retention of title to an asset by the vendor or transferor of such asset if such asset is acquired by the Issuer or any Restricted Subsidiary in a transaction entered into in the ordinary course of business of the Issuer or such Restricted
Subsidiary; 
 (19) Liens on any escrow account used in connection with pre-funding Permitted Refinancing Debt in accordance
with the definition thereof; and 
 (20) other Liens securing Debt in an aggregate principal amount outstanding not to exceed
$20.0 million at the time of incurrence. 
 “Permitted Refinancing Debt” means any Debt of the Issuer or any of its
Restricted Subsidiaries issued in exchange for, or the net proceeds of which are used to extend, refinance, renew, replace, defease or refund, other Debt of the Issuer or any of its Restricted Subsidiaries incurred in compliance with this Indenture;
provided that: 
 (1) the principal amount (or accreted value, if applicable) of such Permitted Refinancing Debt does
not exceed the principal amount of (or accreted value, if applicable), plus accrued interest on, the Debt so extended, refinanced, renewed, replaced, defeased or refunded (plus the amount of premiums and fees and expenses incurred in connection
therewith); 
 (2) principal payments required under such Permitted Refinancing Debt have a Stated Maturity no earlier than
the earlier of 
 (i) the Stated Maturity of those under the Debt being extended, refinanced, renewed, replaced, defeased or
refunded; and 
 (ii) the maturity date of the Securities; 

  
 26 

 (3) in the case of term Debt, such Permitted Refinancing Debt has a Weighted
Average Life to Maturity equal to or greater than the lesser of 
 (i) the Weighted Average Life to Maturity of the Debt
being extended, refinanced, renewed, replaced, defeased or refunded, and 
 (ii) the Weighted Average Life to Maturity of
the Securities; 
 (4) if the Debt being extended, refinanced, renewed, replaced, defeased or refunded is subordinated in
right of payment to the Securities, such Permitted Refinancing Debt has a final maturity date later than the final maturity date of, and is subordinated in right of payment to, the Securities on terms at least as favorable to the holders of the
Securities as those contained in the documentation governing the Debt being extended, refinanced, renewed, replaced, defeased or refunded; and 

(5) such Debt is incurred either by the Issuer or any Guarantor or, if a Restricted Subsidiary that is not a Guarantor is the
obligor on the Debt being extended, refinanced, renewed, replaced, defeased or refunded, by any Restricted Subsidiary. 
 The Issuer or any
Restricted Subsidiary may incur Permitted Refinancing Debt not more than six months prior to the application of the proceeds thereof to repay the Debt to be refinanced; provided that upon the incurrence of such Permitted Refinancing Debt, the
Issuer shall provide written notice thereof to the Trustee, specifically identifying the Debt to be refinanced with Permitted Refinancing Debt. 

“Person” means any individual, corporation, partnership, unlimited liability company, limited liability company, joint
venture, association, joint-stock company, trust, unincorporated organization, government (or any agency or political subdivision thereof) or any other entity. 

“Preferred Stock” means, with respect to any Person, any Capital Stock of such Person (however designated) that is preferred
as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over shares of Capital Stock of any other class of such Person. 

“Pro Forma Cost Savings” means with respect to any reference period ended on or before any date of determination (the
“Calculation Date”), the pro forma effect of any cost savings that (1) are attributable to any Investments, acquisitions (including the Acquisition), dispositions, mergers, consolidations or discontinued operations,
(2) either (a) have been calculated on a basis consistent with Article 11 of Regulation S-X under the Securities Act as in effect on the Closing Date or (b) have begun to be implemented on the Calculation Date or have been identified
and approved by the Board of Directors and are reasonably expected to begin to be implemented within twelve months following the date of such Investment, acquisition, disposition, merger, consolidation or discontinued operations and (3) are
determined based on a supportable, good faith estimate of the principal financial officer of the Issuer, as if all such cost savings had been effected as of the beginning of such reference period, decreased by any incremental expenses (other than
capitalized expenses) that are or would be incurred during the reference period in order to achieve such cost savings provided that, so long as the Initial Purchaser Parties hold 40% or more of the then outstanding principal amount of the
Securities, the amount of Pro 

  
 27 

 
Forma Cost Savings that may be identified pursuant to clause (2)(b) hereof shall not exceed 7.5% of Consolidated Cash Flow of the Issuer for the period of four consecutive fiscal quarters
most recently ended prior to the Calculation Date (without giving effect to any adjustments pursuant to this definition). 

“Purchase Agreement” means that certain Note Purchase Agreement among the Issuer and the Initial Purchasers, party thereto
dated as of the Closing Date, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms thereof. 

“Qualified Securitization Financing” means any Securitization Financing of a Securitization Subsidiary that meets the
following conditions: (i) the Board of Directors of the Issuer shall have determined in good faith that such Qualified Securitization Financing (including financing terms, covenants, termination events and other provisions) is in the aggregate
economically fair and reasonable to the Issuer and the Securitization Subsidiary, (ii) all sales of Securitization Assets and related assets to the Securitization Subsidiary are made at fair market value (as determined in good faith by the
Board of Directors of the Issuer) and (iii) the financing terms, covenants, termination events and other provisions thereof shall be market terms (as determined in good faith by the Issuer) and may include Standard Securitization Undertakings.
The grant of a security interest in any Securitization Assets of the Issuer or any of its Restricted Subsidiaries (other than a Securitization Subsidiary) to secure Debt under a Credit Facility and any Permitted Refinancing Debt with respect thereto
shall not be deemed a Qualified Securitization Financing. 
 “Qualified IPO” means the issuance by the Issuer or any direct
or indirect parent of the Issuer of its common stock, or the sale of such common Stock by the holders thereof, in either case, in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8)
pursuant to an effective registration statement filed with the Commission in accordance with the Securities Act of 1933, as amended. 

“Regulation S” means Regulation S under the Securities Act. 

“Regulation S Certificate” means a certificate substantially in the form of Exhibit D hereto. 

“Registered Exchange Offer” means an offer made by the Issuer pursuant to a Registration Rights Agreement and under an
effective registration statement under the Securities Act to exchange for outstanding Initial Securities, Exchange Securities substantially identical in all material respects to such Initial Securities (except for the differences provided for in
such offer). 
 “Registration Rights Agreement” means the Registration Rights Agreement dated as of the Closing Date
between the Issuer and the Initial Purchasers, party thereto with respect to the Initial Securities, as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms thereof. 

“Representative” means any agent or representative in respect of any Designated Senior Debt; provided that if, and for
so long as, any Designated Senior Debt lacks such a 

  
 28 

 
representative, then the Representative for such Designated Senior Debt shall at all times constitute the holders of a majority in outstanding principal amount of such Designated Senior Debt.

 “Required Holders” means the holders of a majority in principal amount of the outstanding Securities under this
Indenture. 
 “Restricted Investment” means an Investment other than a Permitted Investment. 

“Restricted Legend” means the legend set forth in Exhibit B. 

“Restricted Period” means the relevant 40-day distribution compliance period as defined in Regulation S. 

“Restricted Subsidiary” means, at any time, any direct or indirect Subsidiary of the Issuer (including any Foreign
Subsidiary) that is not then an Unrestricted Subsidiary; provided, however, that upon the occurrence of an Unrestricted Subsidiary ceasing to be an Unrestricted Subsidiary, such Subsidiary shall be included in the definition of
“Restricted Subsidiary.” 
 “Rule 144A” means Rule 144A under the Securities Act. 

“Rule 144A Certificate” means (i) a certificate substantially in the form of Exhibit E hereto or (ii) a written
certification addressed to the Issuer and the Trustee to the effect that the Person making such certification (x) is acquiring such Security (or beneficial interest) for its own account or one or more accounts with respect to which it exercises
sole investment discretion and that it and each such account is a qualified institutional buyer within the meaning of Rule 144A, (y) is aware that the transfer to it or exchange, as applicable, is being made in reliance upon the exemption from
the provisions of Section 5 of the Securities Act provided by Rule 144A, and (z) acknowledges that it has received such information regarding the Issuer as it has requested pursuant to Rule 144A(d)(4) or has determined not to request such
information. 
 “S&P” means Standard & Poor’s Rating Services, a division of The McGraw-Hill Companies,
Inc. 
 “Secured Debt” means any Debt secured by a Lien on assets of the Issuer or any Guarantor. 

“Securities” means any securities authenticated and delivered under this Indenture. For all purposes of this Indenture, the
term “Securities” shall include any Exchange Securities to be issued and exchanged for any Initial Securities pursuant to a Registration Rights Agreement and this Indenture. All Securities shall vote together as one series of Securities
under this Indenture. 
 “Securities Act” means the Securities Act of 1933, as amended. 

“Securitization Assets” means any accounts receivable or other revenue streams subject to a Qualified Securitization
Financing. 

  
 29 

 “Securitization Fees” means reasonable distributions or payments made directly
or by means of discounts with respect to any participation interest issued or sold in connection with, and other fees paid to a Person that is not a Securitization Subsidiary in connection with any Qualified Securitization Financing. 

“Securitization Financing” means any transaction or series of transactions that may be entered into by the Issuer or any of
its Subsidiaries pursuant to which the Issuer or any of its Subsidiaries may sell, convey or otherwise transfer to (a) a Securitization Subsidiary (in the case of a transfer by the Issuer or any of its Subsidiaries) and (b) any other
Person (in the case of a transfer by a Securitization Subsidiary), or may grant a security interest in, any Securitization Assets (whether now existing or arising in the future) of the Issuer or any of its Subsidiaries, and any assets related
thereto including, without limitation, all collateral securing such Securitization Assets, all contracts and all guarantees or other obligations in respect of such Securitization Assets, proceeds of such Securitization Assets and other assets which
are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving Securitization Assets and any Hedging Obligations entered into by the Issuer or any such
Subsidiary in connection with such Securitization Assets. 
 “Securitization Repurchase Obligation” means any obligation of
a seller of Securitization Assets in a Qualified Securitization Financing to repurchase Securitization Assets arising as a result of a breach of a representation, warranty or covenant or otherwise, including, without limitation, as a result of a
receivable or portion thereof becoming subject to any asserted defense, dispute, off set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller. 

“Securitization Subsidiary” means a Wholly Owned Subsidiary of the Issuer (or another Person formed for the purposes of
engaging in a Qualified Securitization Financing in which the Issuer or any Subsidiary of the Issuer makes an Investment and to which the Issuer or any Subsidiary of the Issuer transfers Securitization Assets and related assets) which engages in no
activities other than in connection with the financing of Securitization Assets of the Issuer or its Subsidiaries, all proceeds thereof and all rights (contingent and other), collateral and other assets relating thereto, and any business or
activities incidental or related to such business, and which is designated by the Board of Directors of the Issuer or such other Person (as provided below) as a Securitization Subsidiary and (a) no portion of the Debt or any other obligations
(contingent or otherwise) of which (i) is guaranteed by the Issuer or any other Subsidiary of the Issuer (excluding guarantees of obligations (other than the principal of, and interest on, Debt) pursuant to Standard Securitization
Undertakings), (ii) is recourse to or obligates the Issuer or any other Subsidiary of the Issuer in any way other than pursuant to Standard Securitization Undertakings or (iii) subjects any property or asset of the Issuer or any other
Subsidiary of the Issuer, directly or indirectly, contingently or otherwise, to the satisfaction thereof, other than pursuant to Standard Securitization Undertakings, (b) with which neither the Issuer nor any other Subsidiary of the Issuer has
any material contract, agreement, arrangement or understanding other than on terms which the Issuer reasonably believes to be no less favorable to either the Issuer or such Subsidiary than those that might be obtained at the time from Persons that
are not Affiliates of the Issuer and (e) to which neither the Issuer nor any other Subsidiary of the Issuer has any obligation to maintain or preserve such entity’s financial condition or cause such entity to achieve certain levels of
operating results. Any such designation by the Board of Directors of 

  
 30 

 
the Issuer or such other Person shall be evidenced to the Trustee by filing with such Trustee a certified copy of the resolution of the Board of Directors of the Issuer or such other Person
giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing conditions. 

“Security Guarantee” means the unconditional Guarantee by each Guarantor of the Issuer’s Obligations under the
Securities and the Exchange Securities, as set forth in Article 11 hereof. Any Guarantor that is not a party to this Indenture on the Closing Date shall become a Guarantor by executing and delivering to the Trustee a supplemental indenture pursuant
to Sections 4.12 and 9.01 substantially in the form of Exhibit I. 
 “Securityholder” means any Holder of Securities. 

“Senior Credit Facility” means collectively the Amended and Restated Term Loan Credit Agreement, originally dated as of
October 11, 2007, amended and restated as of September 20, 2010, and further amended by Amendment No. 1 dated October 28, 2010, that has become effective as of the CD&R Purchase Transaction Date (as amended, the “Term
Loan Credit Agreement”), and the Amended and Restated ABL Credit Agreement, originally dated as of October 11, 2007, amended and restated as of September 20, 2010, and further amended by Amendment No. 1 dated October 28,
2010, that has become effective as of the CD&R Purchase Transaction Date, in each case, among the Issuer, the Issuer’s Restricted Subsidiaries and the financial institutions named therein, and any related notes, collateral documents,
letters of credit and guarantees, including any appendices, exhibits or schedules to any of the foregoing (as the same may be in effect from time to time), in each case, as such agreements may be amended, modified, supplemented or restated from time
to time (including, for the avoidance of doubt, by the incurrence of the New Term Loans (as defined in the Term Loan Credit Agreement) on the Closing Date), or refunded, refinanced, restructured, replaced, renewed, repaid or extended from time to
time (whether with the original agents and lenders or other agents or lenders or otherwise, and whether provided under the original credit agreement or other credit agreements or otherwise). 

“Senior Debt” means: 

(1) all Debt of the Issuer or any Guarantor outstanding under the Senior Credit Facility and all Hedging Obligations with
respect thereto; 
 (2) any other Debt of the Issuer or any Guarantor (including Acquired Debt) permitted to be incurred by
the Issuer or any Guarantor under the terms of this Indenture, unless the instrument under which such Debt is incurred expressly provides that it is on a parity with or subordinated in right of payment to the Securities or the relevant Security
Guarantee; and 
 (3) all Obligations with respect to the items listed in the preceding clauses (1) and (2). 

  
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 Notwithstanding anything to the contrary in the preceding, Senior Debt shall not include: 

(4) any liability for federal, state, local or other taxes owed or owing by the Issuer or any Guarantor; 

(5) any Debt of the Issuer or any Guarantor to any Affiliate or shareholder of the Issuer, any Guarantor or any of their
respective direct or indirect parent companies; 
 (6) any trade payables; 

(7) that portion of Debt incurred in violation of Section 4.03, 4.16 or 4.19; or 

(8) any Disqualified Stock. 

“Senior Officer” means the Chief Executive Officer or the Chief Financial Officer of the Issuer. 

“Significant Subsidiary” means any Subsidiary that would be a “significant subsidiary” as defined in Article 1,
Rule 1-02 of Regulation S-X, promulgated pursuant to the Securities Act, as such regulation is in effect on the Closing Date. 

“Specified Affiliate Payments” means: 

(1) the direct or indirect repurchase, redemption or other acquisition or retirement for value of any Equity Interests of the
Issuer or any Restricted Subsidiary of the Issuer, or payments to any direct or indirect parent of the Issuer on account of any such acquisition or retirement for value of any Equity Interests of a direct or indirect parent of the Issuer, held by
any future, present or former employee, director, officer or consultant (that is a natural person) of a direct or indirect parent of the Issuer (or any of its Restricted Subsidiaries) pursuant to any management equity subscription agreement, stock
option agreement, stock ownership plan, put agreement, stockholder agreement or similar agreement that may be in effect from time to time; provided that the aggregate price paid under this clause (1) for all such repurchased, redeemed,
acquired or retired Equity Interests shall not exceed the sum of 
 (A) an amount not to exceed $4.0 million in any calendar
year, with any unused amount being carried over to succeeding calendar years subject to a maximum amount of repurchases, redemptions or other acquisitions or retirements pursuant to this clause (1) (without giving effect to the amounts referred
to in clause (B) below) of $8.0 million in any calendar year; plus, 
 (B) the sum of: 

(a) the cash proceeds received by the Issuer (including by way of capital contribution) after the Closing Date from the sale of
Equity Interests of the Issuer or any 

  
 32 

 
direct or indirect parent of the Issuer to employees, directors, officers or consultants of the Issuer, a direct or indirect parent of the Issuer or its Restricted Subsidiaries that occurs after
the Closing Date (it being understood that such cash proceeds shall be excluded from the Restricted Payments Basket) plus 

(b) the cash proceeds from key man life insurance policies received by the Issuer and its Restricted Subsidiaries in such
calendar year (including proceeds from the sale of such policies to the person insured thereby); 
 provided that cancellation of Debt
owing to the Issuer from employees, directors, officers or consultants of the Issuer or any of its Restricted Subsidiaries (which Debt was incurred to finance the acquisition of such Equity Interests) in connection with a repurchase of Equity
Interests of the Issuer shall not be deemed to constitute a Restricted Payment for purposes of this Indenture); and 
 (2)
repurchases of Equity Interests deemed to occur upon exercise of stock options or warrants as a result of the payment of all or a portion of the exercise price of such options or warrants with Equity Interests; 

(3) the payment of dividends, other distributions or other amounts by the Issuer to a direct or indirect parent of the Issuer
in amounts equal to amounts required for such direct or indirect parent of the Issuer or its shareholders to pay federal, state and local income taxes to the extent such income taxes are attributable to the income of the Issuer or any Restricted
Subsidiaries and at such times as such taxes are due; and 
 (4) dividends, other distributions, loans or other amounts paid
by the Issuer to a direct or indirect parent of the Issuer in amounts equal to amounts required for a direct or indirect parent of the Issuer to pay (a) franchise taxes and other fees, taxes and expenses required to maintain its corporate
existence; (b) income taxes to the extent such income taxes are attributable to the income of the Issuer and its Restricted Subsidiaries and, to the extent of the amount actually received from the Unrestricted Subsidiaries, in amounts required
to pay such taxes to the extent attributable to the income of the Unrestricted Subsidiaries; (c) customary salary, bonus, severance, indemnification obligations other benefits payable to officers and employees of such parent or indirect parent;
(d) general corporate overhead and operating expenses of up to $2.0 million per fiscal year; and (e) fees and expense incurred in connection with any unsuccessful debt or equity offering or other financing transaction by such parent or
indirect parent; provided, however, that such payments shall be excluded in the calculation of the amount of Restricted Payments. 

“Specified Univar, N.V. Liability Repayments” shall mean the repayment by Univar or any parent company thereof (in either
case directly or indirectly from the proceeds of a direct or indirect investment in Issuer by the CD&R Group) to the Issuer and its Subsidiaries (i) of up to $57.0 million of liabilities of Univar (or any parent company thereof) owing to
the Issuer and its Subsidiaries to the CD&R Purchase Transaction Date and (ii) of up to $46.0 million of advances under an overdraft facility with ING Bank. 

  
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 “Sponsor” means any collective investment vehicle sponsored, managed or formed
by any of CVC and its Affiliates. 
 “Standard Securitization Undertakings” means representations, warranties, covenants
and indemnities entered into by the Issuer or any Subsidiary of the Issuer which the Board of Directors of the Issuer has determined in good faith to be customary in a Securitization Financing, including, without limitation, those relating to the
servicing of the assets of a Securitization Subsidiary, it being understood that any Securitization Repurchase Obligation shall be deemed to be a Standard Securitization Undertaking. 

“Stated Maturity” means, with respect to any installment of interest on or principal of, or any other amount payable in
respect of, any series of Debt, the date on which such interest, principal or other amount was scheduled to be paid in the documentation governing such Debt, and shall not include any contingent obligations to repay, redeem or repurchase any such
interest, principal or other amount prior to the date scheduled for the payment thereof. 
 “Subordinated Debt” means any
Debt of the Issuer or any Guarantor (whether outstanding on the Closing Date or thereafter incurred) that is contractually subordinate or junior in right of payment to the Securities or the applicable Security Guarantee. 

“Subsidiary” means, with respect to any Person: 

(1) any corporation, association or other business entity of which more than 50% of the total voting power of shares of Capital
Stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time owned or controlled, directly or indirectly, by such Person or one or more of the other
Subsidiaries of that Person (or a combination thereof); and 
 (2) any partnership (a) the sole general partner or the
managing general partner of which is such Person or a Subsidiary of such Person or (b) the only general partners of which are such Person or of one or more Subsidiaries of such Person (or any combination thereof). 

Unless otherwise specified, “Subsidiary” refers to a Subsidiary of the Issuer. 

“Temporary Offshore Global Security” means an Offshore Global Security that bears the Temporary Offshore Global Security
Legend. 
 “Temporary Offshore Global Security Legend” means the legend set forth in Exhibit H. 

“TIA” means the Trust Indenture Act of 1939 (15 U.S.C. §§ 77aaa-77bbbb) as in effect on the date of this
Indenture, except as stated in Section 9.03. 

  
 34 

 “Treasury Rate” means the yield to maturity at the time of computation of United
States Treasury securities with a constant maturity (as compiled and published in the most recent Federal Reserve Statistical Release H. 15(519) which has become publicly available at least two Business Days prior to the redemption date (or, if such
Statistical Release is no longer published, any publicly available source or similar market data)) most nearly equal to the period from the redemption date to January 1, 2013; provided, however, that if the period from the
redemption date to January 1, 2013, is not equal to the constant maturity of a United States Treasury security for which a weekly average yield is given, the Treasury Rate shall be obtained by linear interpolation (calculated to the nearest
one-twelfth of a year) from the weekly average yields of United States Treasury securities for which such yields are given, except that if the period from the redemption date to January 1, 2013 is less than one year, the weekly average yield on
actually traded United States Treasury securities adjusted to a constant maturity of one year shall be used. 
 “Trigger
Date” means the date that occurs upon the earlier of (x) the date of the consummation of the first initial public offering of Capital Stock of the Issuer, any of its Restricted Subsidiaries or any parent company of the Issuer and
(y) the date of the effectiveness of the registration with the Commission (or any comparable securities regulatory authority in another jurisdiction) of any debt securities of the Issuer or any of the Issuer’s Restricted Subsidiaries. 

“Trustee” means the party named as such in this Indenture until a successor replaces it, and, thereafter, means the
successor. 
 “Trust Officer” means, when used with respect to the Trustee or Paying Agent, any officer within the
corporate trust department of the Trustee or Paying Agent, as applicable, including any vice president, assistant vice president, assistant secretary, assistant treasurer, trust officer or any other officer of the Trustee or Paying Agent who
customarily performs functions similar to those performed by the persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred because of such person’s knowledge of and familiarity with the
particular subject and who shall have direct responsibility for the administration of this Indenture. 
 “Uniform Commercial
Code” means the New York Uniform Commercial Code as in effect from time to time. 
 “Univar” means Univar N.V.

 “Unrestricted Subsidiary” means: 

(1) any Subsidiary of the Issuer which at the time of determination is an Unrestricted Subsidiary (as designated by the Issuer,
as provided below); and 
 (2) any Subsidiary of an Unrestricted Subsidiary. 

The Issuer may designate any Subsidiary of the Issuer (including any existing Subsidiary and any newly acquired or newly formed
Subsidiary) to be an Unrestricted Subsidiary unless such Subsidiary or any of its Subsidiaries owns any Equity Interests or 

  
 35 

 
Debt of, or owns or holds any Lien on, any property of, the Issuer or any Subsidiary of the Issuer (other than any Unrestricted Subsidiary of the Subsidiary to be so designated); provided
that 
 (3) any Unrestricted Subsidiary must be an entity of which the Equity Interests entitled to cast at least a majority
of the votes that may be cast by all Equity Interests having ordinary voting power for the election of directors or Persons performing a similar function are owned, directly or indirectly, by the Issuer; 

(4) such designation complies with Section 4.04 hereof; and 

(5) each of: 

(a) the Subsidiary to be so designated; and 

(b) 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 Debt pursuant to which the lender has recourse to any of the assets of the Issuer or any Restricted Subsidiary (other than the Equity Interests of Unrestricted Subsidiaries. 

The Issuer may designate any Unrestricted Subsidiary to be a Restricted Subsidiary; provided that, immediately after giving effect to
such designation, (x) no Default shall have occurred and be continuing and (y) the Issuer could incur at least $1.00 of additional Debt pursuant to the Coverage Ratio Exception on a pro forma basis taking into account such designation.

 Any such designation by the Issuer shall be notified by the Issuer to the Trustee by promptly filing with the Trustee a copy of the
resolution of the Board of Directors of the Issuer or any committee thereof giving effect to such designation and an Officer’s Certificate certifying that such designation complied with the foregoing provisions. 

“U.S. Global Security” means a Global Security that bears the Restricted Legend representing Securities issued and sold
pursuant to Rule 144A. 
 “Voting Stock” of any Person as of any date means the Capital Stock of such Person that is
normally entitled (without regard to the occurrence of any contingency) entitled to vote in the election of the Board of Directors of such Person. 

“Weighted Average Life to Maturity” means, when applied to any Debt at any date, the number of years obtained by dividing:

 (1) the sum of the products obtained by multiplying (a) the amount of each then remaining installment, sinking fund,
serial maturity or other required payments of principal, including payment at final maturity, in respect thereof, by (b) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such
payment, by 
 (2) the then outstanding principal amount of such Debt. 

  
 36 

 “Wholly Owned Restricted Subsidiary” means any Wholly Owned Subsidiary that is a
Restricted Subsidiary. For purposes of determining whether a Foreign Subsidiary constitutes a Wholly Owned Restricted Subsidiary, minority interests in Foreign Subsidiaries that are Restricted Subsidiaries not owned by the Issuer or any of its
Wholly Owned Restricted Subsidiaries shall be disregarded so long as the aggregate fair market value of all such minority interests in all Foreign Subsidiaries that are Restricted Subsidiaries does not exceed $50.0 million (with fair market value of
such minority interests in such Foreign Subsidiaries being measured at the time such Foreign Subsidiaries were acquired or such minority interests were issued and without giving effect to subsequent changes in value). 

“Wholly Owned Subsidiary” of any Person means a Subsidiary of such Person all of the outstanding Capital Stock or other
ownership interests of which (other than directors’ qualifying shares and de minimus amounts of ownership interests held by local residents pursuant to the requirements of local law) shall at the time be owned by such Person or by one or more
Wholly Owned Subsidiaries of such Person. 
 SECTION 1.02 Other Definitions. 

 

			
	 Term
	  	 Defined in Section

		
	Affiliate Transaction	  	4.07(a)
	Asset Sale Offer	  	3.09(a)
	Bankruptcy Law	  	6.01(c)
	Calculation Date	  	1.02
	Change of Control Offer	  	3.09(a)
	Change of Control Payment	  	4.08(a)
	Covenant Defeasance	  	8.01(c)
	Coverage Ratio Exception	  	4.03(a)
	Custodian	  	6.01(c)
	Event of Default	  	6.01(a)
	Excess Proceeds	  	4.06(c)
	Guaranteed Obligations	  	11.01(a)
	incur	  	4.03(a)
	Indemnified Party	  	7.07
	Issuer	  	Preamble
	Legal Defeasance	  	8.01(b)
	Legal Holiday	  	13.08
	non-payment default	  	10.03(a)(2)
	Notice of Default	  	6.01(d)
	Offer Amount	  	3.09(a)(1)(ii)
	Paying Agent	  	2.03
	Payment Blockage Notice	  	10.03(a)(2)
	payment default	  	10.03(a)(1)
	Permitted Debt	  	4.03(b)
	protected purchaser	  	2.06

  
 37 

			
	Purchase Date	  	3.09(a)(1)(ii)
	Register	  	2.11(a)
	Registrar	  	2.03
	Repurchase Offer	  	3.09(a)
	Restricted Payments	  	4.04(a)
	Restricted Payments Basket	  	4.04(a)(iii)
	retiring Trustee	  	7.08
	TIA Event	  	1.03
	Trustee	  	Preamble

 SECTION 1.03 Incorporation by Reference of Trust Indenture Act. At all times after the effectiveness of a
registration statement under a Registration Rights Agreement (a “TIA Event”), this Indenture will be subject to the mandatory provisions of the TIA, which are incorporated by reference in and made a part of this Indenture effective
upon a TIA Event, except that Section 316 is expressly excluded, to the maximum extent permissible thereunder. The following TIA terms have the following meanings: 

“indenture securities” means the Securities. 

“indenture security holder” means a Securityholder. 

“indenture to be qualified” means this Indenture. 

“indenture trustee” or “institutional trustee” means the Trustee. 

“obligor” on the indenture securities means the Issuer and any other obligor on the indenture securities. 

All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission
rule have the meanings assigned to them by such definitions. 
 SECTION 1.04 Rules of Construction. Unless the context otherwise requires:

 (a) a term has the meaning assigned to it; 

(b) an accounting term not otherwise defined has the meaning assigned to it, and all accounting determinations shall be made,
in accordance with GAAP; 
 (c) “or” is not exclusive; 

(d) “including” means “including without limitation”; 

(e) words in the singular include the plural and words in the plural include the singular; 

(f) unsecured Debt shall not be deemed to be subordinate or junior to Secured Debt merely by virtue of its nature as unsecured
Debt; 

  
 38 

 (g) all references to “principal” of the Securities include redemption
price and purchase price; and 
 (h) all exhibits are incorporated by reference herein and expressly made a part of this
Indenture. 
 ARTICLE 2 

THE SECURITIES 

SECTION 2.01 Form, Dating and Denominations. 

(a) The Securities and the Trustee’s certificate of authentication will be substantially in the form attached as Exhibit
A. The terms and provisions contained in the form of the Securities annexed as Exhibit A constitute, and are hereby expressly made, a part of this Indenture. The Securities may have notations, legends or endorsements required by law, rules of or
agreements with national securities exchanges to which the Issuer is subject, or usage. Each Security will be dated the date of its authentication. The Securities will be issuable in denominations of $1,000 in principal amount and any multiple of
$1,000 in excess thereof. The Initial Securities will be issued in the form of Certificated Securities. 
 (b)
(1) Except as otherwise provided in paragraph (c), Section 2.12(b)(3), (b)(5), or (c) or Section 2.11(b)(4), each Initial Security (other than a Permanent Offshore Global Security) will bear the Restricted Legend. 

(2) Each Global Security will bear the DTC Legend. 

(3) Each Temporary Offshore Global Security will bear the Temporary Offshore Global Security Legend. 

(c) (1) If the Issuer determines (upon the advice of counsel and such other certifications and evidence as the Issuer may
reasonably require) that a Security is eligible for resale pursuant to Rule 144(k) under the Securities Act (or a successor provision) and that the Restricted Legend is no longer necessary or appropriate in order to ensure that subsequent transfers
of the Security (or a beneficial interest therein) are effected in compliance with the Securities Act, or 
 (2) after an
Initial Security is (x) sold pursuant to an effective registration statement under the Securities Act, pursuant to a Registration Rights Agreement or otherwise, or (y) validly tendered for exchange into an Exchange Security pursuant to an
Exchange Offer, the Issuer may instruct the Trustee to cancel the Security and issue to the Holder thereof (or to its transferee) a new Security of like tenor and amount, registered in the name of the Holder thereof (or its transferee), that does
not bear the Restricted Legend, and the Trustee will comply with such instruction. 

  
 39 

 (d) By its acceptance of any Security bearing the Restricted Legend (or any
beneficial interest in such a Security), each Holder thereof and each owner of a beneficial interest therein acknowledges the restrictions on transfer of such Security (and any such beneficial interest) set forth in this Indenture and in the
Restricted Legend and agrees that it will transfer such Security (and any such beneficial interest) only in accordance with this Indenture and such legend. 

SECTION 2.02 Execution and Authentication; Exchange Securities. 

(a) An Officer shall execute the Securities for the Issuer by facsimile or manual signature in the name and on behalf of the
Issuer. If an Officer whose signature is on a Security no longer holds that office at the time the Security is authenticated, the Security will still be valid. 

(b) A Security will not be valid until the Trustee manually signs the certificate of authentication on the Security, with the
signature conclusive evidence that the Security has been authenticated under this Indenture. 
 (c) At any time and from time
to time after the execution and delivery of this Indenture, the Issuer may deliver Securities executed by the Issuer to the Trustee for authentication. The Trustee will authenticate and deliver Initial Securities for original issue that may be
validly issued under this Indenture and Exchange Securities from time to time for issue in exchange for a like principal amount of Initial Securities after the following conditions have been met; provided that the aggregate principal amount
of Securities outstanding at any time may not exceed the aggregate principal amount of $400,000,000, which will be authorized for issuance by the Issuer for pursuant to one or more Authentication Orders, except as provided in Section 2.06
hereof: 
 Receipt by the Trustee of an Officers’ Certificate specifying 

(i) the amount of Securities to be authenticated and the date on which the Securities are to be authenticated, 

(ii) whether the Securities are to be Initial Securities or Exchange Securities, 

(iii) whether the Securities are to be issued as one or more Global Securities or Certificated Securities, and 

(iv) other information the Issuer may determine to include or the Trustee may reasonably request. 

(2) In the case of Exchange Securities, effectiveness of an Exchange Offer Registration Statement and consummation of the
exchange offer thereunder (and receipt by the Trustee of an Officers’ Certificate to that effect). Initial Securities exchanged for Exchange Securities will be cancelled by the Trustee. 

  
 40 

 Notwithstanding anything herein to the contrary, except as provided in Section 2.06, the
Issuer may not authorize, and the Trustee may not authenticate, the issuance of the Initial Securities other than on the Closing Date. 

SECTION 2.03 Registrar and Paying Agent. The Issuer shall maintain an office or agency where Securities may be presented for registration of
transfer or for exchange (the “Registrar”) and an office or agency where Securities may be presented for payment (the “Paying Agent”) and where notices and demands to or upon the Issuer in respect of the Securities
and the Indenture may be served. The Registrar shall keep a register of the Securities and of their transfer and exchange. The Issuer may have one or more co-registrars and one or more additional paying agents. The term “Paying Agent”
includes any additional paying agent. 
 The Issuer shall give prompt written notice to the Trustee of the location, and any change in the
location, of any such office or agency. If at any time the Issuer shall fail to maintain any such required office or agency or shall fail to furnish the Trustee with the address thereof, such presentations, surrenders, notices and demands may be
made or served at the address of the Trustee set forth in Section 13.02. 
 The Issuer may also from time to time designate one or more
other offices or agencies where the Securities may be presented or surrendered for any or all such purposes and may from time to time rescind such designations. The Issuer shall give prompt notice to the Trustee of any such designation or rescission
and of any change in the location of any such other office or agency. 
 The Issuer initially designates the Corporate Trust Office as such
office of the Issuer in accordance with this Section 2.03. 
 The Issuer shall enter into an appropriate agency agreement with any
Registrar, Paying Agent or co-registrar not a party to this Indenture, which shall incorporate the terms of the TIA not otherwise excluded hereunder to the extent applicable after a TIA Event. The agreement shall implement the provisions of this
Indenture that relate to such agent. The Issuer shall notify the Trustee of the name and address of any such agent. If the Issuer fails to maintain a Registrar or Paying Agent, the Trustee shall act as such and shall be entitled to appropriate
compensation therefor pursuant to Section 7.07. Either the Issuer or any domestically organized Wholly Owned Restricted Subsidiary may act as Paying Agent, Registrar, co-registrar or transfer agent. 

The Issuer initially appoints the Trustee as Registrar and Paying Agent in connection with the Securities. 

Upon issuance of any Global Securities, the Issuer shall appoint DTC to act as Depositary with respect to the Global Securities, and the
Trustee shall initially be the securities custodian with respect to any Global Securities. 
 The Issuer may remove any Registrar or Paying
Agent upon written notice to such Registrar or Paying Agent and to the Trustee, provided that no such removal shall become effective until (1) acceptance of an appointment by a successor as evidenced by an appropriate agreement entered
into by the Issuer and such successor Registrar or Paying Agent, as the case may be, and delivered to the Trustee or (2) notification to the Trustee that the Trustee shall serve 

  
 41 

 
as Registrar or Paying Agent until the appointment of a successor in accordance with clause (1) above. The Registrar or Paying Agent may resign at any time upon not less than 10 Business
Days’ prior written notice to the Issuer; provided, however, that the Trustee may resign as Paying Agent or Registrar only if the Trustee also resigns as Trustee in accordance with Section 7.08. 

SECTION 2.04 Paying Agent to Hold Money in Trust. By 10:00 a.m. on the Business Day prior to each due date of the principal and interest,
including Additional Interest, if any, on any Security, the Issuer shall deposit with the Paying Agent (or if the Issuer or a Wholly Owned Restricted Subsidiary is acting as Paying Agent, segregate and hold in trust for the benefit of the Persons
entitled thereto) a sum sufficient to pay such principal and interest, including Additional Interest, if any, when so becoming due. The Issuer shall require each Paying Agent (other than the Trustee) to agree in writing that the Paying Agent shall
hold in trust for the benefit of Securityholders or the Trustee all money held by the Paying Agent for the payment of principal of or interest, including Additional Interest, if any, on the Securities and shall notify the Trustee in writing of any
default by the Issuer in making any such payment within one Business Day thereof. If the Issuer or a Wholly Owned Restricted Subsidiary acts as Paying Agent, it shall segregate the money held by it as Paying Agent and hold it as a separate trust
fund. The Issuer at any time may require a Paying Agent to pay all money held by it to the Trustee and to account for any funds disbursed by the Paying Agent. Upon complying with this Section, the Paying Agent shall have no further liability for the
money delivered to the Trustee. 
 Any money deposited with any Paying Agent, or then held by the Issuer or a permitted Wholly Owned
Restricted Subsidiary in trust for the payment of principal or interest, including Additional Interest, if any, on any Security and remaining unclaimed for two years after such principal and interest and Additional Interest, if any, has become due
and payable shall be paid to the Issuer at its request, or, if then held by the Issuer or a permitted Wholly Owned Restricted Subsidiary, shall be discharged from such trust; and the Securityholders shall thereafter, as general unsecured creditors,
look only to the Issuer for payment thereof, and all liability of the Paying Agent with respect to such money, and all liability of the Issuer or such permitted Wholly Owned Restricted Subsidiary as trustee thereof, shall thereupon cease. 

SECTION 2.05 Securityholder Lists. The Trustee shall preserve in as current a form as is reasonably practicable the most recent list available
to it of the names and addresses of Securityholders. If the Trustee is not the Registrar, the Issuer shall furnish, or cause the Registrar to furnish, to the Trustee, in writing at least five Business Days before each interest payment date and at
such other times as the Trustee may request in writing, a list in such form and as of such date as the Trustee may reasonably require of the names and addresses of Securityholders. 

SECTION 2.06 Replacement Securities. If a mutilated Security is surrendered to the Registrar or if the Holder of a Security claims that the
Security has been lost, destroyed or wrongfully taken, the Issuer shall issue and the Trustee shall authenticate a replacement Security if the requirements of Section 8-405 of the Uniform Commercial Code are met, such that the Holder
(i) notifies the Issuer or the Trustee within a reasonable time after he has notice of such loss, destruction or wrongful taking and the Registrar does not register a transfer prior to receiving such notification, (ii) makes such request
to the Issuer or the Trustee prior to the 

  
 42 

 
Security being acquired by a protected purchaser as defined in Section 8-303 of the Uniform Commercial Code (a “protected purchaser”) and (iii) satisfies any other
reasonable requirements of the Trustee and the Issuer including evidence of the destruction, loss or theft of the Security. Such Holder shall furnish an indemnity bond sufficient in the judgment of the Trustee to protect the Issuer, the Trustee, the
Paying Agent, the Registrar and any co-registrar from any loss that any of them may suffer if a Security is replaced. The Issuer and the Trustee may charge the Holder for their expenses in replacing a Security including the payment of a sum
sufficient to cover any tax or other governmental charge that may be required. In the event any such mutilated, lost, destroyed or wrongfully taken Security has become or is about to become due and payable, the Issuer in its discretion may pay such
Security instead of issuing a new Security in replacement thereof. 
 Every replacement Security is an additional obligation of the Issuer.

 The provisions of this Section 2.06 are exclusive and shall preclude (to the extent lawful) all other rights and remedies with
respect to the replacement or payment of mutilated, lost, destroyed or wrongfully taken Securities. 
 SECTION 2.07 Outstanding Securities.
Securities outstanding at any time are all Securities authenticated by the Trustee except for those canceled by it, those delivered to it for cancellation, those replaced pursuant to Section 2.06 and those described in this Section as not
outstanding. Subject to Section 13.06, a Security does not cease to be outstanding because the Issuer or an Affiliate of the Issuer holds the Security. 

If a Security is replaced pursuant to Section 2.06, it ceases to be outstanding unless the Trustee and the Issuer receive proof
satisfactory to them that the replaced Security is held by a protected purchaser. 
 If the Paying Agent segregates and holds in trust, in
accordance with this Indenture, on a redemption date, repurchase date or maturity date money sufficient to pay all principal and interest payable on that date with respect to the Securities (or portions thereof) to be redeemed or repurchased or
maturing, as the case may be, and the Paying Agent is not prohibited from paying such money to the Securityholders on that date pursuant to the terms of this Indenture, then on and after that date such Securities (or portions thereof) cease to be
outstanding and interest on them ceases to accrue. 
 SECTION 2.08 Temporary Securities. Until Certificated Securities and Global Securities
are ready for delivery, the Issuer may prepare and the Trustee shall authenticate temporary Securities. Temporary Securities shall be substantially in the form of Certificated Securities but may have variations that the Issuer considers appropriate
for temporary Securities. Without unreasonable delay, the Issuer shall prepare and the Trustee shall authenticate Certificated Securities or Global Securities, as the case may be, and deliver them in exchange for temporary Securities upon surrender
of such temporary Securities at the office or agency of the Issuer, without charge to the Holder. 
 SECTION 2.09 Cancellation. The Issuer
at any time may deliver Securities to the Trustee for cancellation. The Registrar and the Paying Agent shall forward to the Trustee any 

  
 43 

 
Securities surrendered to them for registration of transfer, exchange or payment. The Trustee and no one else shall cancel all Securities surrendered for registration of transfer, exchange,
payment or cancellation and deliver canceled Securities to the Issuer, or if the Issuer so agrees, may destroy canceled Securities, in accordance with the Trustee’s customary procedures. The Issuer shall not issue new Securities to replace
Securities that have been redeemed, paid or delivered to the Trustee for cancellation. The Trustee shall not authenticate Securities in place of canceled Securities other than pursuant to the terms of this Indenture. 

SECTION 2.10 CUSIP Numbers. The Issuer in issuing the Securities may use “CUSIP” numbers (if then generally in use) and, if so, the
Trustee shall use “CUSIP” numbers in notices of redemption as a convenience to Holders; provided, however, that any such notice may state that no representation is made as to the correctness of such numbers either as printed
on the Securities or as contained in any notice of a redemption and that reliance may be placed only on the other identification numbers printed on the Securities, and any such redemption shall not be affected by any defect in or omission of such
numbers. The Issuer shall promptly notify the Trustee of any change in “CUSIP” numbers. 
 SECTION 2.11 Registration, Transfer and
Exchange. 
 (a) The Securities will be issued in registered form only, without coupons, and the Issuer shall cause the
Trustee to maintain a register (the “Register”) of the Securities, for registering the record ownership of the Securities by the Holders and transfers and exchanges of the Securities. 

(b) (1) Each Global Security will be registered in the name of the Depositary or its nominee and, so long as DTC is
serving as the Depositary thereof, will bear the DTC Legend. 
 (2) Each Global Security will be delivered to the Trustee as
custodian for the Depositary. Transfers of a Global Security (but not a beneficial interest therein) will be limited to transfers thereof in whole, but not in part, to the Depositary, its successors or their respective nominees, except (i) as
set forth in Section 2.11(b)(4) and (ii) transfers of portions thereof in the form of Certificated Securities may be made upon request of an Agent Member (for itself or on behalf of a beneficial owner) by written notice given to the
Trustee by or on behalf of the Depositary in accordance with customary procedures of the Depositary and in compliance with this Section and Section 2.12. 

(3) Agent Members will have no rights under this Indenture with respect to any Global Security held on their behalf by the
Depositary, and the Depositary may be treated by the Issuer, the Trustee and any agent of the Issuer or the Trustee as the absolute owner and Holder of such Global Security for all purposes whatsoever. Notwithstanding the foregoing, the Depositary
or its nominee may grant proxies and otherwise authorize any Person (including any Agent Member and any Person that holds a beneficial interest in a Global Security through an Agent Member) to take any action which a Holder is entitled to take under
this Indenture or the Securities, and nothing herein will impair, as between the Depositary and its Agent Members, the operation of customary practices governing the exercise of the rights of a holder of any security. 

  
 44 

 (4) If (x) the Depositary notifies the Issuer that it is unwilling or unable
to continue as Depositary for a Global Security and a successor depositary is not appointed by the Issuer within 90 days of the notice or (y) an Event of Default has occurred and is continuing and the Trustee has received a request from the
Depositary, the Trustee will promptly exchange each beneficial interest in the Global Security for one or more Certificated Securities in authorized denominations having an equal aggregate principal amount registered in the name of the owner of such
beneficial interest, as identified to the Trustee by the Depositary, and thereupon the Global Security will be deemed canceled. If such Security does not bear the Restricted Legend, then the Certificated Securities issued in exchange therefor will
not bear the Restricted Legend. If such Security bears the Restricted Legend, then the Certificated Securities issued in exchange therefor will bear the Restricted Legend. 

(c) Each Certificated Security will be registered in the name of the Holder thereof or its nominee. 

(d) A Holder may transfer a Security (or a beneficial interest therein) to another Person or exchange a Security (or a
beneficial interest therein) for another Security or Securities of any authorized denomination by presenting to the Trustee a written request therefor stating the name of the proposed transferee or requesting such an exchange, accompanied by any
certification, opinion or other document required by Section 2.12. The Trustee will promptly register any transfer or exchange that meets the requirements of this Section by noting the same in the register maintained by the Trustee for such
purpose; provided that 
 (x) no transfer or exchange will be effective until it is registered in such register; and

 (y) the Trustee will not be required (i) to issue, register the transfer of or exchange any Security for a period of
15 days before a selection of Securities to be redeemed or purchased pursuant to a Repurchase Offer, (ii) to register the transfer of or exchange any Security so selected for redemption or purchase in whole or in part, except, in the case of a
partial redemption or purchase, that portion of any Security not being redeemed or purchased, or (iii) if a redemption or a purchase pursuant to a Repurchase Offer is to occur after a regular record date but on or before the corresponding
interest payment date, to register the transfer of or exchange any Security on or after the regular record date and before the date of redemption or purchase. Prior to the registration of any transfer, the Issuer, the Trustee and their agents will
treat the Person in whose name the Security is registered as the owner and Holder thereof for all purposes (whether or not the Security is overdue), and will not be affected by notice to the contrary. 

  
 45 

 From time to time the Issuer will execute and the Trustee will authenticate additional Securities
as necessary in order to permit the registration of a transfer or exchange in accordance with this Section. 
 No service charge will be
imposed in connection with any transfer or exchange of any Security, but the Issuer and the Trustee/Registrar may require payment of a sum sufficient to cover any transfer tax or similar governmental charge payable in connection therewith (other
than a transfer tax or other similar governmental charge payable upon exchange pursuant to subsection (b)(4)). 
 (e)
(1) Global Security to Global Security. If a beneficial interest in a Global Security is transferred or exchanged for a beneficial interest in another Global Security, the Trustee will (x) record a decrease in the principal amount
of the Global Security being transferred or exchanged equal to the principal amount of such transfer or exchange and (y) record a like increase in the principal amount of the other Global Security. Any beneficial interest in one Global Security
that is transferred to a Person who takes delivery in the form of an interest in another Global Security, or exchanged for an interest in another Global Security, will, upon transfer or exchange, cease to be an interest in such Global Security and
become an interest in the other Global Security and, accordingly, will thereafter be subject to all transfer and exchange restrictions, if any, and other procedures applicable to beneficial interests in such other Global Security for as long as it
remains such an interest. 
 (2) Global Security to Certificated Security. If a beneficial interest in a Global
Security is transferred or exchanged for a Certificated Security, the Trustee will (x) record a decrease in the principal amount of such Global Security equal to the principal amount of such transfer or exchange and (y) deliver one or more
new Certificated Securities in authorized denominations having an equal aggregate principal amount to the transferee (in the case of a transfer) or the owner of such beneficial interest (in the case of an exchange), registered in the name of such
transferee or owner, as applicable. 
 (3) Certificated Security to Global Security. If a Certificated Security is
transferred or exchanged for a beneficial interest in a Global Security, the Trustee will (x) cancel such Certificated Security, (y) record an interest or an increase in the principal amount of such Global Security equal to the principal
amount of such transfer or exchange and (z) in the event that such transfer or exchange involves less than the entire principal amount of the canceled Certificated Security, deliver to the Holder thereof one or more new Certificated Securities
in authorized denominations having an aggregate principal amount equal to the untransferred or unexchanged portion of the canceled Certificated Security, registered in the name of the Holder thereof. 

(4) Certificated Security to Certificated Security. If a Certificated Security is transferred or exchanged for another
Certificated Security, the Trustee will (x) cancel the Certificated Security being transferred or exchanged, (y) deliver one or more new Certificated Securities in authorized denominations 

  
 46 

 
having an aggregate principal amount equal to the principal amount of such transfer or exchange to the transferee (in the case of a transfer) or the Holder of the canceled Certificated Security
(in the case of an exchange), registered in the name of such transferee or Holder, as applicable, and (z) if such transfer or exchange involves less than the entire principal amount of the canceled Certificated Security, deliver to the Holder
thereof one or more Certificated Securities in authorized denominations having an aggregate principal amount equal to the untransferred or unexchanged portion of the canceled Certificated Security, registered in the name of the Holder thereof. 

SECTION 2.12 Restrictions on Transfer and Exchange. 

(a) The transfer or exchange of any Security (or a beneficial interest therein) may only be made in accordance with this
Section and Section 2.11 and, in the case of a Global Security (or a beneficial interest therein), the applicable rules and procedures of the Depositary. The Trustee shall refuse to register any requested transfer or exchange that does not
comply with the preceding sentence. 
 (b) Subject to paragraphs (c) and (d), the transfer or exchange of any Security
(or a beneficial interest therein) of the type set forth in column A below for a Security (or a beneficial interest therein) of the type set forth opposite in column B below may only be made in compliance with the certification requirements (if any)
described in the clause of this paragraph set forth opposite in column C below. 
  

									
	 	 	 A
	    	 B
	    	 C
	 	 
					
		 	U.S. Global Security	    	U.S. Global Security	    	(1)	 	
					
		 	U.S. Global Security	    	Offshore Global Security	    	(2)	 	
					
		 	U.S. Global Security	    	Certificated Security	    	(3)	 	
					
		 	Offshore Global Security	    	U.S. Global Security	    	(4)	 	
					
		 	Offshore Global Security	    	Offshore Global Security	    	(1)	 	
					
		 	Offshore Global Security	    	Certificated Security	    	(5)	 	
					
		 	Certificated Security	    	U.S. Global Security	    	(4)	 	
					
		 	Certificated Security	    	Offshore Global Security	    	(2)	 	
					
		 	Certificated Security	    	Certificated Security	    	(3)	 	

 (1) No certification is required. 

(2) The Person requesting the transfer or exchange must deliver or cause to be delivered to the Trustee a duly completed
Regulation S Certificate; provided that if the requested transfer or exchange is made by the Holder of a Certificated Security that does not bear the Restricted Legend, then no certification is required. 

  
 47 

 (3) The Person requesting the transfer or exchange must deliver or cause to be
delivered to the Trustee (x) a duly completed Rule 144A Certificate, (y) a duly completed Regulation S Certificate or (z) a duly completed Institutional Accredited Investor Certificate, and/or an Opinion of Counsel and such other
certifications and evidence as the Issuer may reasonably require in order to determine that the proposed transfer or exchange is being made in compliance with the Securities Act and any applicable securities laws of any state of the United States;
provided that if the requested transfer or exchange is made by the Holder of a Certificated Security that does not bear the Restricted Legend, then no certification is required. In the event that (i) the requested transfer or exchange
takes place after the Restricted Period and a duly completed Regulation S Certificate is delivered to the Trustee or (ii) a Certificated Security that does not bear the Restricted Legend is surrendered for transfer or exchange, upon transfer or
exchange the Trustee will deliver a Certificated Security that does not bear the Restricted Legend. 
 (4) The Person
requesting the transfer or exchange must deliver or cause to be delivered to the Trustee a duly completed Rule 144A Certificate. 

(5) Notwithstanding anything to the contrary contained herein, no such exchange is permitted if the requested exchange involves
a beneficial interest in a Temporary Offshore Global Security. If the requested transfer or exchange involves a beneficial interest in a Permanent Offshore Global Security, no certification is required and the Trustee will deliver a Certificated
Security that does not bear the Restricted Legend. 
 (c) No certification is required in connection with any transfer or
exchange of any Security (or a beneficial interest therein) 
 (1) after such Security is eligible for resale pursuant to
Rule 144(k) under the Securities Act (or a successor provision); provided that the Issuer has provided the Trustee with an Officer’s Certificate to that effect, and the Issuer may require from any Person requesting a transfer or exchange
in reliance upon this clause (1) an opinion of counsel and any other reasonable certifications and evidence in order to support such certificate; or 

(2) (x) sold pursuant to an effective registration statement, pursuant to a Registration Rights Agreement or otherwise or
(y) which is validly tendered for exchange into an Exchange Security pursuant to an Exchange Offer. 
 Any Certificated Security
delivered in reliance upon this paragraph will not bear the Restricted Legend. 
 (d) Notwithstanding anything herein to the
contrary, until the Trigger Date, no Security may be transferred to any Person other than a Holder or its Affiliates without the 

  
 48 

 
consent of the Issuer (not to be unreasonably withheld or delayed). The restrictions of this clause (d) shall not apply (i) after the occurrence and during the continuance of an Event
of Default under Section 6.01(a)(1), (2), (9) or (10) and (ii) to a pledge of any Security by its Holder as collateral for such Holder’s obligations and the foreclosure or other exercise of such pledge by a pledgee
thereunder. 
 (e) The Trustee will retain copies of all certificates, opinions and other documents received in connection
with the transfer or exchange of a Security (or a beneficial interest therein), and the Issuer will have the right to inspect and make copies thereof at any reasonable time upon written notice to the Trustee. 

SECTION 2.13 Reg S Temporary Offshore Global Securities. 

(a) Each Security originally sold in reliance upon Regulation S will be evidenced by one or more Offshore Global Securities
that bear the Temporary Offshore Global Security Legend. 
 (b) An owner of a beneficial interest in a Temporary Offshore
Global Security (or a Person acting on behalf of such an owner) may provide to the Trustee (and the Trustee will accept) a duly completed Certificate of Beneficial Ownership at any time after the Restricted Period (it being understood that the
Trustee will not accept any such certificate during the Restricted Period). Promptly after acceptance of a Certificate of Beneficial Ownership with respect to such a beneficial interest, the Trustee will cause such beneficial interest to be
exchanged for an equivalent beneficial interest in a Permanent Offshore Global Security, and will (x) permanently reduce the principal amount of such Temporary Offshore Global Security by the amount of such beneficial interest and
(y) increase the principal amount of such Permanent Offshore Global Security by the amount of such beneficial interest. 

(c) Notwithstanding paragraph (b), if after the Restricted Period any Initial Purchaser Party owns a beneficial interest in a
Temporary Offshore Global Security, such Initial Purchaser Party may, upon written request to the Trustee accompanied by a certification as to its status as the Initial Purchaser Party, exchange such beneficial interest for an equivalent beneficial
interest in a Permanent Offshore Global Security, and the Trustee will comply with such request and will (x) permanently reduce the principal amount of such Temporary Offshore Global Security by the amount of such beneficial interest and
(y) increase the principal amount of such Permanent Offshore Global Security by the amount of such beneficial interest. 

(d) Notwithstanding anything to the contrary contained herein, any owner of a beneficial interest in a Temporary Offshore
Global Security shall not be entitled to receive payment of principal or interest on such beneficial interest or other amounts in respect of such beneficial interest until such beneficial interest is exchanged for an interest in a Permanent Offshore
Global Security or transferred for an interest in another Global Security or a Certificated Security. 

  
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 SECTION 2.14 Defaulted Interest. If the Issuer defaults in a payment of interest on the
Securities, the Issuer shall pay the defaulted interest (plus interest on such defaulted interest to the extent lawful) in any lawful manner. The Issuer may pay the defaulted interest to the persons who are Securityholders on a subsequent special
record date. The Issuer shall fix or cause to be fixed any such special record date and payment date to the reasonable satisfaction of the Trustee and shall promptly send or cause to be sent to each Securityholder a notice that states the special
record date, the payment date and the amount of defaulted interest to be paid. 
 The Issuer may make payment of any defaulted interest in
any other lawful manner not inconsistent with the requirements (if applicable) of any securities exchange on which the Securities may be listed, and upon such notice as may be required by such exchange, if, after notice given by the Issuer to the
Trustee of the proposed payment pursuant to this paragraph, such manner of payment shall be deemed practicable by the Trustee. 
 ARTICLE
3 
 REDEMPTION 

SECTION 3.01 Notices to Trustee. If the Issuer elects to redeem Securities pursuant to Section 3.07, it shall notify the Trustee in
writing of the redemption date, the principal amount of Securities to be redeemed and the Section of this Indenture pursuant to which the redemption shall occur. 

The Issuer shall give each notice to the Trustee provided for in this Section at least 60 days before the redemption date unless the Trustee
consents to a shorter period. Such notice shall be accompanied by an Officers’ Certificate and an Opinion of Counsel from the Issuer to the effect that such redemption shall comply with the conditions herein. If fewer than all the Securities
are to be redeemed, the record date relating to such redemption shall be selected by the Issuer and given to the Trustee, which record date shall be not fewer than 30 days after the date of notice to the Trustee, unless the Trustee otherwise agrees.
Any such notice may be canceled at any time prior to notice of such redemption being sent to any Holder and shall thereby be void and of no effect. 

SECTION 3.02 Selection. If less than all of the Securities are to be redeemed at any time, selection of Securities for redemption shall be
made by the Trustee in compliance with the requirements of the principal national securities exchange, if any, on which the Securities are listed, or, if the Securities are not so listed, on a pro rata basis, by lot or by such method
as the Trustee shall deem fair and appropriate; provided that no Securities of $1,000 or less shall be redeemed in part. If any Security is to be redeemed in part only, the notice of redemption that relates to such Security shall state the
portion of the principal amount thereof to be redeemed. On and after the redemption date, unless the Issuer defaults in payment of the redemption price or the Paying Agent is prohibited from making such payment pursuant to the terms of this
Indenture, interest ceases to accrue on Securities or portions of them called for redemption. 
 SECTION 3.03 Notice. The Issuer shall give
Notices of redemption which shall be sent electronically or mailed by first class mail at least 30 but not more than 60 days before the redemption date to each Holder of Securities to be redeemed at its registered address, except that redemption
notices may be sent more than 60 days prior to a redemption date if the notice is 

  
 50 

 
issued in connection with a defeasance of the Securities or a satisfaction and discharge of this Indenture. The Trustee shall notify the Issuer promptly of the Securities or portions of
Securities to be redeemed. 
 The notice shall identify the Securities to be redeemed and shall state: 

(a) the redemption date; 

(b) the redemption price; 

(c) the name and address of the Paying Agent; 

(d) that Securities called for redemption must be surrendered to the Paying Agent to collect the redemption price; 

(e) if fewer than all the outstanding Securities are to be redeemed, the certificate numbers and principal amounts of the
particular Securities to be redeemed; 
 (f) that, unless the Issuer defaults in making such redemption payment or the Paying
Agent is prohibited from making such payment pursuant to the terms of this Indenture, interest on Securities (or portion thereof) called for redemption ceases to accrue on and after the redemption date; 

(g) the Section hereof pursuant to which the Securities called for redemption are being redeemed; 

(h) the CUSIP number, if any, printed on the Securities being redeemed; and 

(i) that no representation is made as to the correctness or accuracy of the CUSIP number, if any, listed in such notice or
printed on the Securities. 
 At the Issuer’s request (which may be revoked at any time in writing prior to the time at which the
Trustee shall have given such notice to the Holders), the Trustee shall give the notice of redemption in the Issuer’s name and at the Issuer’s expense. In such event, the Issuer shall provide the Trustee with the information required by
this Section. 
 SECTION 3.04 Effect of Notice of Redemption. Once notice of redemption is sent, Securities called for redemption become due
and payable on the date fixed for redemption and at the redemption price stated in the notice. Upon surrender to the Paying Agent, such Securities shall be paid at the redemption price stated in the notice, plus accrued interest, including
Additional Interest, if any, to the redemption date; provided that if the redemption date is after a regular record date and on or prior to the interest payment date, the accrued and unpaid interest, including Additional Interest, if any,
shall be payable to the Securityholder of the redeemed Securities registered at the close of business on the relevant record date. If sent in the manner herein, the notice shall be conclusively presumed to have been given whether or not the Holder
receives such notice. Failure to give notice or any defect in the notice to any Holder shall not affect the validity of the notice to any other Holder. 

  
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 SECTION 3.05 Deposit of Redemption Price. By 10:00 a.m. on the Business Day prior to the
redemption date, the Issuer shall deposit with the Paying Agent (or, if the Issuer or a Wholly Owned Restricted Subsidiary is the Paying Agent, shall segregate and hold in trust) money sufficient to pay the redemption price of and accrued interest,
including Additional Interest, if any, on all Securities to be redeemed on the redemption date other than Securities or portions of Securities called for redemption that have been delivered by the Issuer to the Trustee for cancellation. If the
redemption date is on or after an interest record date and on or before the related interest payment date, the accrued and unpaid interest, including Additional Interest, if any, will be paid to the Person in whose name a Security is registered at
the close of business on such record date. 
 SECTION 3.06 Securities Redeemed in Part. Upon surrender of a Security that is redeemed in
part, the Issuer shall execute and the Trustee shall authenticate for the Holder (at the Issuer’s expense) a new Security equal in principal amount to the unredeemed portion of the Security surrendered. 

SECTION 3.07 Optional Redemption. 

(a) Except as set forth in Section 3.07(b) or (c), the Securities may not be redeemed prior to the second anniversary of
the Closing Date. On that date and thereafter, the Securities shall be subject to redemption at any time at the option of the Issuer, in whole or in part, at the redemption prices (expressed as percentages of principal amount) set forth below plus
accrued and unpaid interest to the applicable redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date), if redeemed during the twelve-month period beginning on the
anniversary of the Closing Date specified below: 
  

					
	 Year
	  	Percentage	 
		
	 Second anniversary of the Closing Date
	  	 	106	% 
	 Third anniversary of the Closing Date
	  	 	103	% 
	 Fourth anniversary of the Closing Date and each subsequent anniversary
	  	 	100	% 

 provided, however, that any such redemption shall be subject to Section 3.07(d). 

(b) In addition, at any time and from time to time, prior to the second anniversary of the Closing Date, subject to
Section 3.07(d), the Issuer may redeem up to 40% of the sum of the original aggregate principal amount of Securities at a redemption price of 112% of the principal amount thereof, plus accrued and unpaid interest thereon, if any, to the
redemption date (subject to the right of Holders on the relevant record date to receive interest due on the relevant interest payment date), with the net cash proceeds of an offering of common stock of the Issuer or an offering of common stock of
any direct or indirect parent of the Issuer, the net cash proceeds of which are contributed as 

  
 52 

 
common equity capital to the Issuer; provided that (1) at least 60% of the sum of the original aggregate principal amount of Initial Securities issued under this Indenture remains
outstanding immediately after the occurrence of such redemption; and (2) such redemption shall occur within 90 days of the date of the closing of such public offering. 

(c) At any time prior to the second anniversary of the Closing Date, subject to Section 3.07(d), the Securities may be
redeemed in whole or in part at the option of the Issuer. The redemption price will be equal to (i) 100% of the principal amount of the Securities, plus (ii) accrued interest, if any, to the redemption date (subject to the rights of
Holders on relevant record dates to receive interest due on the relevant interest payment date), plus (iii) the Applicable Premium, if any. 

(d) Any redemption pursuant to Section 3.07 (a), (b) or (c) shall be in a minimum aggregate principal amount of
Securities of $5,000,000 (or, if less, the entire principal amount of Securities then outstanding). 
 SECTION 3.08 No Sinking Fund. There
shall be no sinking fund for the payment of principal on the Securities to the Securityholders. 
 SECTION 3.09 Repurchase Offers. 

(a) If the Issuer shall be required to commence an offer to all Holders to purchase Securities (a “Repurchase
Offer”) pursuant to Section 4.06 (an “Asset Sale Offer”) or pursuant to Section 4.08 (a “Change of Control Offer”), the Issuer shall follow the procedures specified in this Section 3.09: 

(1) Within 30 days after (A) a Change of Control (unless (1) the Issuer is not required to make such offer pursuant
to Section 4.08(b) or (2) all Securities have been called for redemption pursuant to Section 3.07(a) or (c)) or (B) the date on which the Issuer is required to make an Asset Sale Offer pursuant to Section 4.06, the Issuer shall
commence a Repurchase Offer, which shall remain open for a period of at least 20 Business Days following its commencement (the “Offer Period”), by sending a notice to the Trustee and each of the Holders, by electronic transmission
or by first class mail, which notice shall contain all instructions and materials necessary to enable the Holders to tender Securities pursuant to such Repurchase Offer. Such notice, which shall govern the terms of the Repurchase Offer, shall
describe the transaction or transactions that constitute the Change of Control or Asset Sale requiring an Asset Sale Offer, as the case may be, and shall state: 

(i) that the Repurchase Offer is being made pursuant to this Section 3.09 and Section 4.06 or 4.08, as the case may
be; 
 (ii) the principal amount of Securities required to be purchased pursuant to Section 4.06, in the case of an
Asset Sale Offer, or that the Issuer is required to offer to purchase all of the outstanding principal amount of Securities, in the case of a Change of Control Offer (such amount, the “Offer Amount”), the purchase price and, that on
the date 

  
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specified in such notice (the “Purchase Date”), which date shall be no earlier than 30 days and no later than 60 days from the date such notice is sent, the Issuer shall
repurchase an Offer Amount of Securities validly tendered and not withdrawn pursuant to this Section 3.09 and Section 4.06 or 4.08, as applicable; 

(iii) that any Security not tendered or accepted for payment shall continue to accrue interest; 

(iv) that, unless the Issuer defaults in making such payment, Securities accepted for payment pursuant to the Repurchase Offer
shall cease to accrue interest after the Purchase Date; 
 (v) that Holders electing to have a Security purchased pursuant
to a Repurchase Offer may elect to have all or any portion of such Security purchased; 
 (vi) that Holders electing to have
a Security purchased pursuant to any Repurchase Offer shall be required to surrender the Security, with the form entitled “Option of Holder to Elect Purchase” on the reverse of the Security, or such other customary documents of surrender
and transfer as the Issuer may reasonably request, duly completed, or transfer the Security by book-entry transfer, to the Issuer, the Depositary, or the Paying Agent at the address specified in the notice prior to the Purchase Date; 

(vii) that Holders shall be entitled to withdraw their election if the Issuer, the Depositary or the Paying Agent, as the case
may be, in each case with a copy to the Trustee, receives, not later than the expiration of the Offer Period, a telegram, facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Security the Holder
delivered for purchase and a statement that such Holder is withdrawing its election to have such Security purchased; 

(viii) that, in the case of an Asset Sale Offer, if the aggregate principal amount of Securities surrendered by Holders
thereof exceeds the Offer Amount, the Trustee shall select the Securities to be purchased on a pro rata basis (based upon the outstanding principal amount thereof), with such adjustments as may be deemed appropriate by the Issuer so that only
Securities in denominations of $1,000, or integral multiples thereof, shall be purchased; 
 (ix) that Holders whose
Securities are purchased only in part shall be issued new Securities equal in principal amount to the unpurchased portion of the Securities surrendered (or transferred by book-entry transfer); and 

(x) the CUSIP number, if any, printed on the Securities being repurchased and that no representation is made as to the
correctness or accuracy of the CUSIP number, if any, listed in such notice or printed on the Securities. 

  
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 (2) On (or at the Issuer’s election, before) the Purchase Date, the Issuer
shall, (A) to the extent lawful, accept for payment, on a pro rata basis to the extent necessary in the case of an Asset Sale Offer, the Securities or portions thereof tendered pursuant to the Repurchase Offer and not theretofore
withdrawn, or if Securities aggregating less than the Offer Amount have been tendered, or in the case of a Change of Control Offer all Securities tendered, and shall deliver to the Trustee an Officers’ Certificate stating that such Securities
or portions thereof were accepted for payment by the Issuer in accordance with the terms of this Section 3.09, (B) deposit with the Paying Agent an amount equal to the payment required in respect of all Securities or portions thereof so
tendered and (C) deliver or cause to be delivered to the Trustee the Securities so accepted together with an Officers’ Certificate stating the aggregate principal amount of Securities or portions thereof being purchased by the Issuer. The
Issuer, the Depositary or the Paying Agent, as the case may be, shall promptly (but in any case not later than five days after the Purchase Date) mail or deliver to each tendering Holder an amount equal to the Change of Control Payment or the
payment due to each respective Holder in respect of the Asset Sale Offer, as applicable, with respect to the Securities tendered by such Holder and accepted by the Issuer for purchase, and the Issuer shall promptly issue a new Security, and the
Trustee, upon written request from the Issuer, shall authenticate and mail or deliver such new Security to such Holder, in a principal amount equal to any unpurchased portion of the Securities so surrendered, provided that each such new
Security shall be in a principal amount of $1,000 or an integral multiple thereof. Any Security not so accepted shall be promptly mailed or delivered by the Issuer to the Holder thereof. On the Purchase Date, all Securities purchased by the Issuer
shall be delivered to the Trustee for cancellation. All Securities or portions thereof purchased pursuant to the Repurchase Offer shall be canceled by the Trustee. The Issuer shall publicly announce the results of the Repurchase Offer on or as soon
as practicable after the Purchase Date, but in no case more than five Business Days thereafter. For the purposes of the preceding sentence, it shall be sufficient for the Issuer to publish the results of the Repurchase Offer on its website on the
world wide web. 
 If the Issuer complies with the provisions of the preceding paragraph, on and after the Purchase Date interest shall
cease to accrue on the Securities or the portions of Securities repurchased. If a Security is repurchased on or after an interest record date but on or prior to the related interest payment date, then any accrued and unpaid interest, including
Additional Interest, if any, shall be paid to the Person in whose name such Security was registered at the close of business on such record date. If any Security called is not repurchased upon surrender because of the failure of the Issuer to comply
with the preceding paragraph, interest, including Additional Interest, if any, shall be paid on the unpaid principal, from the Purchase Date until such principal is paid, and to the extent lawful on any interest not paid on such unpaid principal, in
each case at the rate provided in the Securities and in Section 4.01. 

  
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 (b) The Issuer shall comply with the requirements of Rule 14e-1 under the
Exchange Act and any other securities laws and regulations to the extent such laws and regulations are applicable in connection with the Repurchase Offer. To the extent that the provisions of any applicable securities laws or regulations conflict
with this Section 3.09, the Issuer shall comply with such securities laws and regulations and shall not be deemed to have breached its obligations under this Section 3.09 by virtue thereof. 

(c) Once notice of repurchase is sent in accordance with this Section 3.09, all Securities validly tendered and not
withdrawn (or, in the case of an Asset Sale Offer, if the Issuer is not required to repurchase all of such Securities then the pro rata portion of such Securities that the Issuer may be required to purchase pursuant to
Section 3.02 and/or 4.06, as applicable) become irrevocably due and payable on the Purchase Date at the purchase price specified herein. A notice of repurchase may not be conditional. 

(d) Other than as specifically provided in this Section 3.09 or Section 4.06 or 4.08, as applicable, any purchase
pursuant to this Section 3.09 shall be made pursuant to Sections 3.02 and 3.06. 
 ARTICLE 4 

COVENANTS 
 SECTION
4.01 Payment of Securities. 
 (a) The Issuer shall promptly pay the principal of, premium, if any, Additional Interest, if
any, and interest on the Securities on the dates and in the manner provided in the Securities and in this Indenture. Principal, premium, if any, and interest and Additional Interest, if any, shall be considered paid on the date due if on such date
the Trustee or the Paying Agent holds by 11:00 a.m., New York City time, in accordance with this Indenture available funds sufficient to pay all principal and interest then due and the Trustee or the Paying Agent, as the case may be, is not
prohibited from paying such money to the Securityholders on that date pursuant to the terms of this Indenture. If the Issuer is required by applicable law to deduct or withhold any taxes from any payments of principal of, premium, interest or
Additional Interest on the Securities, then (i) the sum payable shall be increased as necessary so that after making all required deductions and withholdings (including deductions or withholdings applicable to additional sums payable under this
sentence), the Holders receive an amount equal to the sum they would have received had no such deductions or withholdings been made, (ii) the Issuer shall make such deductions or withholdings and (iii) the Issuer shall timely pay the full
amount deducted or withheld to the relevant governmental authority within the time allowed and in accordance with applicable law; provided, however, that no additional amounts shall be payable on any Security in respect of any U.S.
federal withholding tax or any other tax imposed, deducted or withheld by reason of any present or former connection between the Holder or beneficial owner of such Security and the jurisdiction imposing such tax (other than the receipt of payments
on such Security, the acquisition, ownership or disposition of such Security or enforcement of, or exercise of rights under, such Security or this Indenture). 

  
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 (b) The Issuer shall pay interest on overdue principal at the rate and in the
manner specified therefor in the Securities, and it shall pay interest on overdue installments of interest at the same rate to the extent lawful. The Issuer shall pay interest at a default rate under the circumstances specified in the Securities.

 (c) Principal, premium, if any, and interest, including Additional Interest, if any, on the Securities will be payable at
the office or agency of the Paying Agent or, at the option of the Issuer, payment of interest, including Additional Interest, if any, may be made by check mailed to the Holders of the Securities at their respective addresses set forth in the
register of Holders related to the Securities; provided that all payments of principal, premium, if any, and interest and Additional Interest, if any, with respect to any Securities the Holders of which have given wire transfer instructions
to the Issuer will be required to be made by wire transfer of immediately available funds to the accounts specified by the Holders thereof. 

SECTION 4.02 Reports. 

(a) The Issuer shall provide to the Holders and the Trustee (which may be by electronic means): 

(1) as soon as available, but in any event within 90 days after the end of each fiscal year of the Issuer ending after the
Closing Date, a copy of the consolidated balance sheet of the Issuer and its Restricted Subsidiaries as at the end of such fiscal year and the related consolidated statements of income, stockholders’ equity and cash flows for such fiscal year,
setting forth in each case in comparative form the figures for the previous year and reported on by independent certified public accountants of nationally recognized standing; 

(2) as soon as available, but in any event not later than 45 days after the end of each of the first three quarterly periods of
each fiscal year of the Issuer ending after the Closing Date, copies of the unaudited consolidated balance sheets of the Issuer and its Restricted Subsidiaries as at the end of each such quarter and the related unaudited consolidated statements of
income and cash flows for such quarterly period and the portion of the fiscal year through such date, setting forth in each case in comparative form the figures for the corresponding quarter in, and year-to-date portion of, the previous year,
certified by the chief financial officer, controller or treasurer of the Issuer as being fairly stated in all material respects. 

(b) The Issuer shall furnish to the Holders, upon their request, the information required to be delivered pursuant to
Rule 144A(d)(4) under the Securities Act. At all times after a TIA Event, the Issuer also shall comply with the other provisions of TIA § 314(a). 

(c) Delivery of the reports and information to the Trustee under this Section 4.02 is for informational purposes only, and the
Trustee’s receipt of the foregoing shall not constitute notice of any information contained therein. 

  
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 SECTION 4.03 Incurrence of Debt and Issuance of Preferred Stock. 

(a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly, create, incur,
issue, assume, guarantee or otherwise become directly or indirectly liable, contingently or otherwise, with respect to (collectively, “incur”) any Debt (including Acquired Debt and Attributable Debt), and the Issuer shall not permit
any of its Restricted Subsidiaries that are not Guarantors to issue any shares of Preferred Stock; provided, however, that, subject to Section 4.19, the Issuer and any Restricted Subsidiary may incur Debt (including Acquired Debt
and Attributable Debt) and any Guarantor may issue Preferred Stock if the Consolidated Fixed Charge Coverage Ratio for the Issuer’s most recently ended four full fiscal quarters for which internal financial statements are available immediately
preceding the date on which such additional Debt is incurred or Preferred Stock is issued would have been at least 2.00 to 1.00 determined on a pro forma basis (including a pro forma application of the net proceeds therefrom), as if the additional
Debt had been incurred or the Preferred Stock had been issued, as the case may be, and the application of the net proceeds therefrom had occurred at the beginning of such four-quarter period (the “Coverage Ratio Exception”); and,
provided, further, that Debt (including Acquired Debt and Attributable Debt) incurred by a Restricted Subsidiary that is not a Guarantor pursuant to the Coverage Ratio Exception shall not exceed $100.0 million. 

(b) The provisions of Section 4.03(a) shall not apply to any of the following items of Debt or Preferred Stock
(collectively, “Permitted Debt”), which shall, however, be subject to Section 4.19: 
 (1) the
incurrence by the Issuer or any of its Restricted Subsidiaries of Secured Debt, including bankers’ acceptances (with letters of credit and bankers’ acceptances being deemed to have a principal amount equal to the face amount thereof) under
Credit Facilities (including Guarantees of such Debt by the Issuer or any of its Restricted Subsidiaries); provided that (i) the aggregate principal amount of such Debt outstanding pursuant to this clause (1) does not exceed
$2,650.0 million incurred, in the aggregate, pursuant to the ABL revolving credit facility portion and the term loan facility portion of the Senior Credit Facility, and (ii) at all times while the Initial Purchaser Parties hold 40% or more of
the then outstanding principal amount of the Securities, such amount shall be reduced by the cumulative Net Proceeds from any Asset Sale to the extent applied pursuant to Section 4.06 to prepayments of Debt under Credit Facilities,
provided that once this condition is no longer applicable, the reduction or reductions shall be reversed; 
 (2)
(a) the incurrence by the Issuer of Debt represented by the Securities issued on the Closing Date and by the Exchange Securities including any Guarantees thereof issued from time to time in exchange for a like principal amount of Initial
Securities pursuant to this Indenture, and (b) the incurrence by the guarantors of the Securities permitted to be incurred pursuant the foregoing clause (2)(a) of Debt represented by the guarantees of such Securities; 

  
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 (3) the incurrence by the Issuer or any of its Restricted Subsidiaries of
(i) Debt (including Capital Lease Obligations) incurred within 270 days of the acquisition, construction, lease or improvement of property to finance the acquisition, construction, lease or improvement of such property (real or personal)
(whether through the direct purchase of assets or the Capital Stock of any Person owning such assets), provided that the aggregate amount of Debt incurred pursuant to this clause (3)(i) at any time outstanding (when aggregated with all
Permitted Refinancing Debt in respect thereof) shall not exceed $40.0 million and (ii) Acquired Debt; provided that after giving effect to the incurrence of Acquired Debt pursuant to this clause (3)(ii) either (x) the Issuer
would be permitted to incur at least $1.00 of additional Debt pursuant to the Coverage Ratio Exception or (y) the Consolidated Fixed Charge Coverage Ratio would be at least equal to or greater than such Consolidated Fixed Charge Coverage Ratio
immediately prior to such acquisition; 
 (4) the incurrence by the Issuer or any of its Restricted Subsidiaries of Permitted
Refinancing Debt in exchange for, or the net proceeds of which are used to refund, refinance or replace Debt incurred pursuant to clauses (3), (4), (5), (6) or (7); 

(5) the incurrence or issuance of Debt or Preferred Stock of Foreign Subsidiaries under local working capital lines in an
aggregate amount not to exceed (together with the amount of any Guarantee pursuant to clause (9) below), other than any Guarantee of Debt incurred pursuant to this clause (5)) $150.0 million at any time outstanding; 

(6) the incurrence by the Issuer of intercompany Debt or Preferred Stock owed or issued to and held by any Wholly Owned
Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor or the incurrence by a Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor of intercompany Debt or Preferred Stock owed or issued to and held by the
Issuer or any other Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor, provided, however, that (a) any such Debt or Preferred Stock of the Issuer or any Guarantor shall be expressly subordinated and
junior in right of payment to the Securities or the Securities Guarantee issued by such Guarantor and (b)(i) any subsequent issuance or transfer of Equity Interests or other action that results in any such Debt or Preferred Stock being held by a
Person other than the Issuer, a Wholly Owned Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor or (ii) any sale or other transfer of any such Debt or Preferred Stock to a Person that is neither the Issuer, a Wholly Owned
Restricted Subsidiary or a Restricted Subsidiary that is a Guarantor, shall be deemed, in each case, to constitute an incurrence of such Debt or issuance of such Preferred Stock by the Issuer, such Wholly Owned Restricted Subsidiary or such
Restricted Subsidiary that is a Guarantor, as the case may be, that was not permitted by this clause (6); 
 (7) any Debt of
the Issuer and its Restricted Subsidiaries in existence on the Closing Date (other than Debt described in clauses (1) or (2)); 

  
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 (8) the incurrence by the Issuer or any of its Restricted Subsidiaries of Hedging
Obligations that are incurred (a) principally for the purpose of fixing or hedging interest rate risk with respect to any Debt that is permitted by the terms of this Indenture to be outstanding or (b) principally for the purpose of fixing
or hedging currency exchange rate risk or commodity price risk incurred in the ordinary course of business; 
 (9)
(a) the incurrence of any Guarantee by the Issuer or any Guarantor of Debt of the Issuer or a Guarantor or of any Foreign Subsidiary (which Debt of any such Foreign Subsidiary shall not exceed (together with the amount of any Debt or Preferred
Stock incurred under clause (5)) $150.0 million at any time outstanding), in each case, which Debt was permitted to be incurred by another provision of this covenant and (b) the incurrence of any Guarantee by any Foreign Subsidiary of Debt
of another Foreign Subsidiary; 
 (10) the incurrence by the Issuer or any of its Restricted Subsidiaries of additional Debt
(which may comprise Debt under the Senior Credit Facility) in an aggregate principal amount, and the issuance by Restricted Subsidiaries that are not Guarantors of Preferred Stock with a liquidation preference, at any time outstanding, pursuant to
this clause (10) not to exceed an amount equal to $60.0 million; 
 (11) (x) any guarantee by the Issuer or a
Guarantor of Debt or other obligations of any Restricted Subsidiary so long as the incurrence of such Debt incurred by such Restricted Subsidiary is permitted hereunder; provided that if such Debt is by its express terms subordinated in right of
payment to the Securities or the Guarantee of such Restricted Subsidiary or the Issuer, as applicable, any such guarantee of such Guarantor with respect to such Debt shall be subordinated in right of payment to such Guarantor’s Guarantee with
respect to the Securities substantially to the same extent as such Debt is subordinated to the Securities or the Guarantee of such Restricted Subsidiary, as applicable, (y) any guarantee by a Restricted Subsidiary that is not a Guarantor of
Debt of another Restricted Subsidiary that is not a Guarantor incurred in accordance with the terms of the Indenture, and (z) any guarantee by a Guarantor of Debt of the Issuer incurred in accordance with the terms of the Indenture; 

(12) shares of Preferred Stock of a Restricted Subsidiary issued to the Issuer or a Restricted Subsidiary that is a Wholly
Owned Restricted Subsidiary or a Guarantor; provided that any subsequent issuance or transfer of any Capital Stock or any other event which results in any such Restricted Subsidiary ceasing to be a Wholly Owned Restricted Subsidiary or a Guarantor
or any other subsequent transfer of any such shares of Preferred Stock (except to the Issuer or a Restricted Subsidiary that is a Wholly Owned Restricted Subsidiary or a Guarantor) shall be deemed in each case to be an issuance of such shares of
Preferred Stock not permitted under this clause (12); 

  
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 (13) Debt incurred by a Securitization Subsidiary in a Qualified Securitization
Financing that is not recourse to the Issuer or any of its Restricted Subsidiaries, other than a Securitization Subsidiary (except for Standard Securitization Undertakings); 

(14) Debt in respect of customs, stay, performance, bid, appeal and surety bonds and completion guarantees and similar
obligations not in connection with money borrowed, in each case provided in the ordinary course of business, including those incurred to secure health, safety and environmental obligations in the ordinary course of business; 

(15) Debt in respect of any bankers’ acceptance, bank guarantees, letter of credit, warehouse receipt or similar
facilities entered into in the ordinary course of business (including in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other Debt with respect
to reimbursement-type obligations regarding workers compensation claims); 
 (16) Guarantees (i) incurred in the
ordinary course of business in respect of obligations of (or to) suppliers, customers, franchisees, lessors and licensees or (ii) otherwise constituting Permitted Investments or Restricted Investments permitted by Section 4.04; 

(17) Debt of the Issuer or any Restricted Subsidiary consisting of (i) financing of insurance premiums in an aggregate
principal amount not to exceed $15.0 million at any time outstanding or (ii) take or pay obligations contained in supply agreements, in each case arising in the ordinary course of business and not in connection with the borrowing of money; 

(18) Debt representing deferred compensation to employees of the Issuer (or any direct or indirect parent thereof) and the
Restricted Subsidiaries incurred in the ordinary course of business; 
 (19) Debt arising from agreements of the Issuer or
any Restricted Subsidiary providing for indemnification, adjustment of purchase price or similar obligations, in each case entered into in connection with the disposition or acquisition of any business, assets or Capital Stock permitted hereunder,
other than any such obligations incurred by any Person acquiring all or any portion of such business, assets or Capital Stock for the purpose of financing such acquisition, provided that such amount is not Debt reflected on the balance sheet
of the Issuer or any Restricted Subsidiary in accordance with GAAP (contingent obligations referred to in a footnote to financial statements and not otherwise reflected on the balance sheet will not be deemed to be reflected on such balance sheet
for purposes of this proviso); 
 (20) Debt consisting of promissory notes issued by the Issuer or any Guarantor to current
or former officers, managers, consultants, directors and 

  
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employees (or their respective spouses, former spouses, successors, executors, administrators, heirs, legatees or distributees) to finance the purchase or redemption of Equity Interests of the
Issuer (or any direct or indirect parent thereof) permitted by Section 4.04; 
 (21) Debt arising from the honoring by a
bank or other financial institution of a check, draft or similar instrument drawn against insufficient funds in the ordinary course of business, provided that such Debt is extinguished within five Business Days of its incurrence; 

(22) cash management obligations and Debt in respect of netting services, overdraft facilities, employee credit card programs,
cash pooling arrangements or similar arrangements in connection with cash management and deposit accounts; provided that, with respect to any cash pooling arrangements, the total amount of all deposits subject to any such cash pooling
arrangement at all times equals or exceeds the total amount of overdrafts that may be subject to such cash pooling arrangements; and 

(23) Attributable Debt in respect of any sale and leaseback transaction of property (real or personal), equipment or other
fixed or capital assets owned by the Issuer or any Restricted Subsidiary Transactions in an aggregate principal amount not to exceed $100.0 million. 

(c) Notwithstanding any other provision in this covenant, the maximum amount of Debt that the Issuer or any Restricted
Subsidiary may incur pursuant to this covenant shall not be deemed to be exceeded solely as a result of fluctuations in the exchange rates of currencies. 

(d) For purposes of determining compliance with this Section 4.03: 

(1) the outstanding principal amount of any particular Debt shall be counted only once such that (without limitation) any
obligation arising under any guarantee, Lien, letter of credit or similar instrument supporting such Debt (to the extent such guarantee, Lien, letter of credit or similar instrument is otherwise permitted to be incurred) shall be disregarded; 

(2) in the event that an item of Debt (or a portion thereof) meets the criteria of more than one of the categories of Permitted
Debt described in clauses (1) through (10) of the definition of Permitted Debt above or is entitled to be incurred pursuant to Section 4.03(a), the Issuer shall, in its sole discretion, classify (and may, from time to time,
re-classify) such item of Debt (or such portion thereof) in any manner that complies with this covenant and such item of Debt (or such portion thereof) shall be treated as having been incurred pursuant to only one of such clauses or pursuant to the
first paragraph hereof, and additionally, all or any portion of any item of Debt may later be reclassified as having been incurred pursuant to the first paragraph of this covenant or under any category of Permitted Debt described in clauses
(1) through (22) above so long as such Debt is 

  
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permitted to be incurred pursuant to such provision at the time of reclassification; provided that all outstanding Debt under the Senior Credit Facility immediately following the Closing
Date shall be deemed to have been incurred pursuant to clause (1) of the definition of Permitted Debt and provided further that at all times while the Initial Purchaser Parties hold 40% or more of the then outstanding principal amount of
the Securities, any Debt incurred to refinance the Credit Facilities shall be incurred first under clause (1) hereof; and 

(3) accrual of interest or dividends (including the issuance of “pay in kind” securities in respect of such accrued
interest or dividends), the accretion of accreted value or liquidation preference and the extension of maturity shall not be deemed to be an incurrence of Debt or issuance of Preferred Stock; provided, in each such case, that the amount
thereof is included in Consolidated Interest Expense of the Issuer as accrued. 
 (e) In addition to, and not in limitation
of, any other restriction imposed by this Section 4.03, all intercompany Debt of the Issuer or any of its Restricted Subsidiaries owed to Univar or any other direct or indirect parent company of the Issuer, to the extent not then contributed to
the common equity capital of the Issuer (i) shall have a Stated Maturity no earlier than, and shall not be subject to amortization or mandatory prepayment thereof prior to, twelve months after the Stated Maturity of the principal of the
Securities (provided that this clause (i) shall only apply to the intercompany Debt that remains outstanding on or after January 17, 2011), (ii) shall provide for interest to be accrued and capitalized or paid in kind and not
paid in cash, or, if payment in cash is permitted as an option to payment in kind, the Issuer and its Restricted Subsidiaries will pay interest on such Debt only in kind, (iii) shall be subordinated and junior in right of payment to the prior
repayment of all other Debt of the Issuer (with complete prohibition on the exercise of remedies so long as any Securities are outstanding); provided that, if such Debt is incurred by a person that is not a Guarantor, the holder of such Debt
shall effect such subordination through a turnover agreement or other similar contractual arrangements as reasonably acceptable to the Required Holders. 

SECTION 4.04 Restricted Payments. 

(a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly: 

(1) declare or pay any dividend or make any other distribution (including any payment by the Issuer or any Restricted
Subsidiary in connection with any merger or consolidation involving the Issuer or any of its Restricted Subsidiaries) on account of the Issuer’s or any of its Restricted Subsidiaries’ Equity Interests (other than dividends or distributions
payable in Equity Interests (other than Disqualified Equity Interests) of the Issuer and dividends payable to the Issuer or any Restricted Subsidiary); 

(2) purchase, redeem or otherwise acquire or retire for value (including any acquisition or retirement by the Issuer or any
Restricted Subsidiary 

  
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in connection with any merger or consolidation) any Equity Interests of the Issuer or any direct or indirect parent of the Issuer held by Persons other than the Issuer or any Restricted
Subsidiary; 
 (3) make any principal payment on or with respect to, or purchase, redeem, defease or otherwise acquire or
retire for value, in each case prior to any scheduled repayment, sinking fund payment or Stated Maturity, any Subordinated Debt of the Issuer or any Guarantor (excluding any intercompany Debt between the Issuer and any of its Restricted
Subsidiaries), except the purchase, repurchase or other acquisition or retirement of Subordinated Debt, in each case prior to any scheduled repayment, sinking fund payment or Stated Maturity, of the Issuer or any Guarantor in anticipation of
satisfying a sinking fund obligation, principal installment, mandatory redemption or final maturity, in each case due within one year of the date of purchase, repurchase or other acquisition or retirement; or 

(4) make any Restricted Investment, 

(all such payments and other actions set forth in clauses (1) through (4) above being collectively referred to as “Restricted
Payments”), unless, at the time of and after giving effect to such Restricted Payment: 
 (i) no Default shall
have occurred and be continuing; and 
 (ii) the Issuer would, after giving pro forma effect thereto as if such Restricted
Payment had been made at the beginning of the applicable four-quarter period, have been permitted to incur at least $1.00 of additional Debt pursuant to the Coverage Ratio Exception; and 

(iii) such Restricted Payment, together with (without duplication) the aggregate amount of all other Restricted Payments made
by the Issuer and its Restricted Subsidiaries since November 30, 2010 (excluding Restricted Payments permitted by clauses (2), (3)(A), (5) (except with respect to payments pursuant to Section (4)(e) of the definition of
“Specified Affiliate Payments”), (12), and (13) and excluding 50% of any Restricted Payments under clause (7) (to the extent such payment is not deducted in calculating Consolidated Net Income) or 100% of such payment under such
clause (7) (if such payment is deducted in calculating Consolidated Net Income) of the next succeeding paragraph), is less than the sum (without duplication) (the “Restricted Payments Basket”) of: 

(A) 50% of the Consolidated Net Income of the Issuer for the period (taken as one accounting period) from the beginning of the
fiscal quarter containing November 30, 2010 to the end of the Issuer’s most recently ended fiscal quarter for which internal financial statements are available at the time of such Restricted Payment (or, if such Consolidated Net Income for
such period is a deficit, less 100% of such deficit); plus 

  
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 (B) 100% of the aggregate net proceeds and fair market value, as determined in
good faith by the Board of Directors of the Issuer, of property and marketable securities received by the Issuer from the issue or sale (other than to a Restricted Subsidiary) of, or from capital contributions with respect to, Equity Interests of
the Issuer (other than Disqualified Equity Interests, Excluded Cash Contributions, Specified Univar N.V. Liability Repayments and the proceeds of the CD&R Purchase Transaction), in either case after November 30, 2010; plus 

(C) the amount by which the aggregate principal amount (or accreted value, if less) of Debt of the Issuer or any Restricted
Subsidiary is reduced on the Issuer’s consolidated balance sheet upon the conversion or exchange after November 30, 2010 of that Debt for Equity Interests (other than Disqualified Equity Interests, Excluded Cash Contributions, Specified
Univar N.V. Liability Repayments and the proceeds of the CD&R Purchase Transaction) of the Issuer, together with the net proceeds and fair market value, as determined in good faith by the Board of Directors of the Issuer, of property and
marketable securities received by the Issuer at the time of such conversion or exchange, if any, less the amount of any cash, or the fair market value of any property (other than such Equity Interests, Specified Univar N.V. Liability Repayments or
any proceeds of the CD&R Purchase Transaction), distributed by the Issuer upon such conversion or exchange; 
 (D) 100%
of the aggregate net cash proceeds and fair market value, as determined in good faith by the Board of Directors of the Issuer, of property and marketable securities received by the Issuer or a Restricted Subsidiary of the Issuer since
November 30, 2010 from Restricted Investments (other than Specified Univar N.V. Liability Repayments or any component of the CD&R Purchase Transaction, to the extent such Specified Univar N.V. Liability Repayments or such component
constitutes a Restricted Investment), whether through interest payments, principal payments, dividends or other distributions and payments, or the sale or other disposition (other than to the Issuer or a Restricted Subsidiary) thereof made by the
Issuer and its Restricted Subsidiaries, to the extent not otherwise included in Consolidated Net Income of the Issuer for such period; plus 

(E) in the case of the redesignation of an Unrestricted Subsidiary as a Restricted Subsidiary or the merger or consolidation
of an Unrestricted Subsidiary into the Issuer or a Restricted Subsidiary or the transfer of assets of an Unrestricted Subsidiary to the Issuer or a Restricted Subsidiary, the fair market 

  
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value of the Investment in such Unrestricted Subsidiary, as determined in good faith by the Board of Directors of the Issuer at the time of the redesignation of such Unrestricted Subsidiary as a
Restricted Subsidiary or at the time of such merger, consolidation or transfer of assets. 
 (b) The provisions of
Section 4.04(a) shall not prohibit: 
 (1) the payment of any dividend within 60 days after the date of declaration
thereof, if at such date of declaration such payment would have complied with the provisions of this Indenture, or the redemption, repurchase or retirement of Subordinated Debt, if at the date of any irrevocable redemption notice such payment would
have complied with this Section 4.04; 
 (2) the making of any Restricted Payment in exchange for, or out of the net
cash proceeds of the substantially concurrent sale (other than to a Restricted Subsidiary of the Issuer) of, Equity Interests of the Issuer (other than Disqualified Stock) or from the substantially concurrent contribution of common equity capital to
the Issuer; provided that the amount of any such net cash proceeds that are utilized for any such Restricted Payment are designated in an Officer’s Certificate as Excluded Cash Contributions and shall not increase the Restricted Payments
Basket; 
 (3) the redemption, repurchase, retirement, defeasance or other acquisition of Subordinated Debt or Equity
Interests of the Issuer or any Guarantor (A) made by an exchange for, or with the net cash proceeds from a substantially concurrent incurrence of, Permitted Refinancing Debt or (B) upon a Change of Control or Asset Sale to the extent
required by the agreement governing such Subordinated Debt but only if the Issuer shall have complied with Section 4.08 or, as the case may be, 4.06 and purchased all Securities validly tendered pursuant to the relevant offer prior to
purchasing or repaying such Subordinated Debt; 
 (4) [reserved] 

(5) to the extent constituting Restricted Payments, the Specified Affiliate Payments; 

(6) distributions or payments of Securitization Fees and purchases of Securitization Assets pursuant to a Securitization
Repurchase Obligation in connection with a Qualified Securitization Financing; 
 (7) Restricted Payments in an aggregate
amount not to exceed $20.0 million; provided that no Default or Event of Default shall have occurred or be continuing at the time of any such Restricted Payment after giving effect thereto; 

(8) [reserved]; 

  
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 (9) distributions of Capital Stock or Debt of Unrestricted Subsidiaries; 

(10) the payment of dividends on the Issuer’s common stock (or the payment of dividends to any direct or indirect parent
company of the Issuer, as the case may be, to fund the payment by any such parent company of the Issuer of dividends on such entity’s common stock) following the first public offering of the Issuer’s common stock or the common stock of any
of its direct or indirect parent companies after the Closing Date, of up to 6.0% per annum of the net cash proceeds received by or contributed to the Issuer after the Closing Date in any such public offering, other than public offerings of
common stock of the Issuer (or any direct or indirect parent company of the Issuer) registered on Form S-4 or Form S-8 and other than any public sale constituting an Excluded Cash Contribution; and 

(11) the declaration and payments of dividends on Disqualified Stock issued pursuant to Section 4.03; provided,
however, that, at the time of payment of such dividend, no Default shall have occurred and be continuing (or result therefrom); 

(12) (i) payment of the Initial Purchasers’ transaction expenses and (ii) to the extent not made prior to the
Closing Date, payment by the Issuer of the CD&R Purchase Transaction Fee to the extent permitted by Section 4.07(b)(10); and 

(13) to the extent not made prior to the Closing Date, Restricted Payments made on or prior to July 1, 2011 by means of
the repayment or prepayment in full of the outstanding Parent Subordinated Notes from (i) the proceeds of the issuance of the Equity Interests of the Issuer to the CD&R Group pursuant to the CD&R Purchase Agreement, (ii) Specified
Univar N.V. Liability Repayments, (iii) the proceeds of the incurrence by the Issuer on the CD&R Purchase Transaction Date of an additional $300,000,000 of “Opco Tranche C Term Loans” under and as defined in the Amended and
Restated Term Loan Agreement comprising the Senior Credit Facility and (iv) up to $160,000,000 from the borrowings under the Amended and Restated ABL Credit Agreement comprising the Senior Credit Facility or other cash of the Issuer. 

(c) The amount of all Restricted Payments (other than cash) shall be the fair market value on the date of the Restricted
Payment of the asset(s) or securities proposed to be transferred or issued by the Issuer or such Restricted Subsidiary, as the case may be, pursuant to the Restricted Payment. The fair market value of any non-cash Restricted Payment shall be
determined in good faith by the Board of Directors of the Issuer. 
 (d) In addition, if any Person (other than a Restricted
Subsidiary) in which an Investment is made, which Investment constituted a Restricted Payment when made, thereafter becomes a Restricted Subsidiary, such Investments previously made in such Person shall no longer be counted as Restricted Payments
for purposes of calculating the aggregate amount of Restricted Payments pursuant to Section 4.04(a)(iii) to the extent that such Investments would not have been Restricted Payments had such Person been a Restricted Subsidiary at the time such
Investments were made. 

  
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 (e) In making the computations required by this covenant: 

(1) the Issuer or the relevant Restricted Subsidiary may use audited financial statements for the portions of the relevant
period for which audited financial statements are available on the date of determination and unaudited financial statements and other current financial data based on the books and records of the Issuer for the remaining portion of such period; and

 (2) the Issuer or the relevant Restricted Subsidiary shall be permitted to rely in good faith on the financial statements
and other financial data derived from the books and records of the Issuer and the Restricted Subsidiary that are available on the date of determination. 

(f) If the Issuer makes a Restricted Payment that, at the time of the making of such Restricted Payment, would in the good
faith determination of the Issuer or any Restricted Subsidiary be permitted under the requirements of this Indenture, such Restricted Payment shall be deemed to have been made in compliance with this Indenture notwithstanding any subsequent
adjustments made in good faith to the Issuer’s or any Restricted Subsidiary’s financial statements, affecting Consolidated Net Income of the Issuer for any period. For the avoidance of doubt, it is expressly agreed that no payment or other
transaction permitted by clauses (1) or (5) of Section 4.07(b) below, shall be considered a Restricted Payment for purposes of, or otherwise restricted by, this Indenture. 

(g) The Issuer will not permit any Unrestricted Subsidiary to become a Restricted Subsidiary except pursuant to the second to
last sentence of the definition of “Unrestricted Subsidiary.” For purposes of designating any Restricted Subsidiary as an Unrestricted Subsidiary, all outstanding investments by the Issuer and the Restricted Subsidiaries (except to the
extent repaid) in the Subsidiary so designated will be deemed to be Restricted Payments in an amount determined as set forth in the second paragraph of the definition of “Investments.” Such designation will be permitted only if a
Restricted Payment in such amount would be permitted at such time under this Section 4.04 or the definition of “Permitted Investments” and if such Subsidiary otherwise meets the definition of an Unrestricted Subsidiary. 

SECTION 4.05 Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries. 

(a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to create or otherwise cause or suffer to
exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to: 
 (1)
(i) pay dividends or make any other distributions to the Issuer or any of its Restricted Subsidiaries (A) on its Capital Stock or (B) with respect to any other interest or participation in, or measured by, its profits, or
(ii) pay any Debt owed to the Issuer or any of its Restricted Subsidiaries; 

  
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 (2) make loans or advances to the Issuer or any of its Restricted Subsidiaries;
or 
 (3) transfer any of its properties or assets to the Issuer or any of its Restricted Subsidiaries. 

(b) Notwithstanding Section 4.05(a), such section shall not apply to encumbrances or restrictions: 

(1) under contracts in effect on the Closing Date, including the Senior Credit Facility, the GSMP Indenture and the related
documentation; 
 (2) under this Indenture, the Securities and related Guarantees (including any Exchange Securities and
related Guarantees), and any other related agreement entered into after the Closing Date, provided that the encumbrances or restrictions in any such other agreement are not materially more restrictive, taken as a whole, than those contained
in this Indenture and the Securities; 
 (3) under any agreement or other instrument of a Person acquired by the Issuer or
any of its Restricted Subsidiaries as in effect at the time of such acquisition (but not created in connection with or in contemplation of such acquisition), which encumbrance or restriction is not applicable to any Person, or the properties or
assets of any Person, other than the Person, or the property or assets of the Person, so acquired; 
 (4) existing under or
by reason of purchase money obligations (including Capital Lease Obligations) for property acquired in the ordinary course of business that impose restrictions of the nature described in clause (3) of Section 4.05(a) above on the property
so acquired; 
 (5) in the case of clause (3) of Section 4.05(a) above, (i) that restrict in a customary
manner the subletting, assignment, or transfer of any property or asset that is subject to a lease, license or similar contract, (ii) by virtue of any transfer of, agreement to transfer, option or right with respect to any property or assets of
the Issuer or any Restricted Subsidiary not otherwise prohibited by this Indenture, (iii) contained in security agreements or mortgages securing Debt to the extent such encumbrances or restrictions restrict the transfer of the property subject
to such security agreements or mortgages, or (iv) any Lien on property or assets of the Issuer or any Restricted Subsidiary not otherwise prohibited by this Indenture; 

(6) existing under or by reason of contracts for the sale of assets, including any restriction with respect to a Restricted
Subsidiary imposed pursuant to an agreement entered into for the sale or disposition of all or substantially all of the Capital Stock or assets of such Restricted Subsidiary pending the closing of such sale or disposition; 

  
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 (7) on cash or other deposits or net worth imposed by leases and customer
contracts entered into in the ordinary course of business; 
 (8) in customary form under joint venture agreements and other
similar agreements which limitations are only applicable to the Person or assets that are the subject of such agreements (and any assets of such Person); 

(9) any encumbrances or restrictions required by any governmental, local or regulatory authority having jurisdiction over the
Issuer or any of its Restricted Subsidiaries or any of their businesses; 
 (10) contained in the terms governing any Debt of
any Restricted Subsidiary otherwise permitted to be incurred under this Indenture if (as determined in good faith by the Board of Directors of the Issuer) (i) the encumbrances or restrictions are ordinary and customary for a financing of that
type and (ii) the encumbrances or restrictions would not, at the time agreed to, be expected to materially adversely affect the ability of Issuer to make payments on the Securities; 

(11) customary provisions contained in leases, subleases, licenses or asset sale agreements and other agreements; 

(12) contained in the terms governing any Secured Debt otherwise permitted to be incurred pursuant to the covenants described
under Sections 4.03 and 4.10 that limits the right of the debtor to dispose of the assets securing such Debt; 
 (13)
existing under or by reason of any encumbrance or restriction of a Securitization Subsidiary effected in connection with a Qualified Securitization Financing; provided however, that such restrictions apply only to such Securitization
Subsidiary; or 
 (14) under any Permitted Refinancing Debt or any amendments, modifications, restatements, renewals,
increases, supplements, refundings, replacements or refinancings of the contracts, instruments or obligations referred to in clauses (1) through (10) above, provided that such amendments, modifications, restatements, renewals,
increases, supplements, refundings, replacements or refinancings, taken as a whole, are, in the good faith judgment of the Issuer, not materially more restrictive with respect to such encumbrances or restrictions than those contained in such
predecessor agreements. 

  
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 SECTION 4.06 Asset Sales. 

(a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, consummate an Asset Sale unless: 

(1) the Issuer (or such Restricted Subsidiary, as the case may be) receives consideration at the time of such Asset Sale at
least equal to the fair market value (including as to the value of all non-cash consideration) of the assets or Equity Interests issued or sold or otherwise disposed of; and 

(2) at least 75% of the consideration therefor received by the Issuer or such Restricted Subsidiary is in the form of 

(x) cash or Cash Equivalents; or 

(y) (i) all or substantially all of the assets of, or the majority of the Voting Stock of, another Person that thereupon
becomes a Restricted Subsidiary engaging in, a Permitted Business; or 
 (ii) assets that are used or useful in a Permitted
Business. 
 For purposes of this Section 4.06(a)(2), each of the following shall be deemed to be cash: 

(i) any liabilities (as shown on the Issuer’s or such Restricted Subsidiary’s most recent balance sheet), of the
Issuer or any Restricted Subsidiary (other than contingent liabilities and liabilities that are by their terms subordinated to the Securities or, in the case of liabilities of a Guarantor, the Security Guarantee of such Guarantor) that are assumed
by the transferee of any such assets or discharged in connection with such Asset Sale; 
 (ii) any securities, notes or
other obligations received by the Issuer or any such Restricted Subsidiary from such transferee that are converted by the Issuer or such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days after receipt; and 

(iii) any Designated Non-Cash Consideration received having an aggregate fair market value, taken together with all other
Designated Non-Cash Consideration received pursuant to this Section 4.06(a)(2) that is at that time outstanding, not in excess of $20.0 million at the time of receipt of such Designated Non-Cash Consideration, with the fair market value of each
item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value. 

(b) Within 365 days after the receipt of any Net Proceeds from an Asset Sale, the Issuer (or the applicable Restricted
Subsidiary, as the case may be) may apply such Net Proceeds, at its option: 
 (1) to repay Senior Debt, Debt of any
Restricted Subsidiary (other than a Guarantor) or Pari Passu Debt (in each case other than Debt owed to the Issuer or a Restricted Subsidiary of the Issuer); provided that if the Issuer or any

  
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Restricted Subsidiary shall so reduce Pari Passu Debt, it shall equally and ratably make an Asset Sale Offer to the Holders (in accordance with the procedures set forth in Section 4.06(c)
and Section 3.09 for an Asset Sale Offer); 
 (2) to make capital expenditures or to acquire properties or assets that
shall be used or useful in the Permitted Business of the Issuer or any of its Restricted Subsidiaries; or 
 (3) to acquire a
controlling interest in a Person engaged in a Permitted Business; 
 provided that if during such 365-day period the Issuer or a Restricted
Subsidiary enters into a definitive agreement committing it to apply such Net Proceeds in accordance with the requirements of clause (2) or (3) of this Section 4.06(b) or if the application of such Net Proceeds is part of a project
authorized by the Board of Directors that shall take longer than 365 days to complete, such 365 day period shall be extended with respect to the amount of Net Proceeds so committed until required to be paid in accordance with such agreement (or, if
earlier, until termination of such agreement) or, until completion of such project, as the case may be. Pending the final application of any Net Proceeds, the Issuer or any Restricted Subsidiary may temporarily reduce borrowing under a Credit
Facility or otherwise invest such Net Proceeds in any manner that is not prohibited by this Indenture. 
 (c) Any Net
Proceeds from Asset Sales that are not applied or invested as provided in the first sentence of Section 4.06(b) shall be deemed to constitute “Excess Proceeds”. When the aggregate amount of Excess Proceeds exceeds $25.0 million
the Issuer shall: 
 (1) make an Asset Sale Offer to all Holders in accordance with Section 3.09; and 

(2) prepay, purchase or redeem (or make an offer to do so) any other Pari Passu Debt of the Issuer in accordance with
provisions governing such Debt requiring the Issuer to prepay, purchase or redeem such Debt with the proceeds from any Asset Sales (or offer to do so), 

pro rata in proportion to the respective principal amount of the Securities and such other Debt required to be prepaid, purchased or redeemed or
tendered for, in the case of the Securities pursuant to such Asset Sale Offer to purchase the maximum principal amount of Securities that may be purchased out of such pro rata portion of the Excess Proceeds, at an offer price in cash in an amount
equal to 100% of their principal amount plus accrued and unpaid interest (if any) to the date of purchase subject to the right of holders of record on a record date to receive interest on the relevant interest payment date in accordance with the
procedures set forth in this Indenture and the Securities. 
 (d) If any Excess Proceeds remain after completion of an Asset
Sale Offer and, if applicable, any prepayment, purchase, redemption or tender of or for Pari Passu Debt, the Issuer and the Restricted Subsidiaries may use any remaining Excess Proceeds for any purpose not otherwise prohibited by this Indenture. If
the aggregate principal 

  
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amount of the Securities surrendered by Holders thereof exceeds the pro rata portion of such Excess Proceeds to be used to purchase Securities, the Trustee shall select the Securities to be
purchased on a pro rata basis as provided in Section 3.09. Upon completion of such Asset Sale Offer, the amount of Excess Proceeds shall be reset at zero. Notwithstanding the foregoing, the Issuer may commence an Asset Sale Offer prior to the
expiration of 365 days after the occurrence of an Asset Sale. 
 SECTION 4.07 Transactions with Affiliates. 

(a) The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, make any payment to, or sell, lease,
transfer or otherwise dispose of any of its properties or assets to, or purchase any property or assets from, or enter into or make or amend any contract, agreement, understanding, loan, advance, guarantee or other transaction with, or for the
benefit of, any Person that, prior to such transaction, was an Affiliate of the Issuer (each of the foregoing, an “Affiliate Transaction”), unless: 

(1) such Affiliate Transaction is on terms that, taken as a whole, are not materially less favorable to the Issuer or the
relevant Restricted Subsidiary than those that would have been obtained in a comparable transaction by the Issuer or such Restricted Subsidiary with an unrelated Person; and 

(2) the Issuer delivers to the Trustee: 

(i) with respect to any Affiliate Transaction entered into after the Closing Date involving aggregate consideration in excess
of $15.0 million, a resolution of the Board of Directors set forth in an Officers’ Certificate certifying that such Affiliate Transaction complies with clause (1) of this Section 4.07(a) and that such Affiliate Transaction has been
approved by the Board of Directors; and 
 (ii) with respect to any Affiliate Transaction involving aggregate consideration
in excess of $50.0 million, an opinion as to the fairness to the Issuer or such Restricted Subsidiary of such Affiliate Transaction from a financial point of view issued by an investment banking, appraisal or accounting firm of national standing.

 (b) Notwithstanding Section 4.07(a), none of the following shall be prohibited by this Section 4.07 (or be
deemed to be an Affiliate Transactions): 
 (1) the payment of fees to the Sponsor and to the CD&R Group pursuant to the
Management Agreements in an aggregate amount not to exceed $6.0 million in any fiscal year (plus customary out-of-pocket expense reimbursement and indemnity) so long as no Default or Event of Default under Sections 6.01(a)(1), (2), (9) or
(10) shall have occurred and be continuing at the date of such payment or would result therefrom (it being understood that following the cure of such all Events of Default, such payments may be made), 

  
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 (2) Restricted Payments and Permitted Investments permitted by this Indenture,

 (3) the payment of the fees or expenses incurred or paid by the Issuer in connection with this Indenture and the
transactions contemplated hereby and thereby, 
 (4) the issuance of Capital Stock or Equity Interests of the Issuer (or any
of its direct or indirect parent companies) to the management of the Issuer (or any of its direct or indirect parent companies) or any of its Restricted Subsidiaries pursuant to arrangements described in clause (6) of this Section 4.07(b)
or, if otherwise permitted hereunder, to any Affiliate of the Issuer, 
 (5) loans, advances and other transactions between
or among the Issuer and its Restricted Subsidiaries to the extent otherwise permitted under this Article 4, 
 (6) employment
and severance arrangements between the Issuer and its Restricted Subsidiaries and their respective officers and employees in the ordinary course of business, 

(7) payments by the Issuer (and any direct or indirect parent thereof) and the Subsidiaries pursuant to the tax sharing
agreements among the Issuer (and any such parent) and the Subsidiaries on customary terms to the extent attributable to the ownership or operation of the Issuer and the Restricted Subsidiaries; provided that in each case the amount of such
payments in any fiscal year does not exceed the amount that the Issuer and its Restricted Subsidiaries would be required to pay in respect of federal, state and local taxes for such fiscal year were the Issuer and its Restricted Subsidiaries (to the
extent described above) to pay such taxes separately from any such parent entity, 
 (8) the payment of customary
compensation and fees and reasonable out of pocket costs to, and indemnities provided on behalf of (and entering into related agreements with), directors, managers, consultants, officers and employees of the Issuer, any of its direct or indirect
parent companies or any Restricted Subsidiaries in the ordinary course of business to the extent attributable to the ownership or operation of the Issuer and the Restricted Subsidiaries, as determined in good faith by the Board of Directors of the
Issuer or senior management thereof, 
 (9) transactions pursuant to agreements in existence on the Closing Date or any
amendment thereto to the extent such an amendment is not materially adverse, taken as a whole, to the Holders, 
 (10)
(x) payments by the Issuer and its Restricted Subsidiaries for any financial advisory, financing, underwriting or placement services or in respect of other investment banking activities, including in connection with acquisitions or divestitures
but excluding the CD&R Purchase Transaction Fee, which payments 

  
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are approved by a majority of the Board of Directors, in good faith, and limited to 1% of completed transactions and (y) to the extent not made prior to the Closing Date, payment by the
Issuer of the CD&R Purchase Transaction Fee; 
 (11) the existence of, or the performance by the Issuer or any of its
Restricted Subsidiaries of its obligations under the terms of, any stockholders agreement, principal investors agreement (including any registration rights agreement or purchase agreement related thereto) to which it is a party as of the Closing
Date and any similar agreements which it may enter into thereafter; provided, however, that the existence of, or the performance by the Issuer or any of its Restricted Subsidiaries of obligations under any future amendment to any such
existing agreement or under any similar agreement entered into after the Closing Date shall only be permitted by this clause (11) to the extent that the terms of any such existing agreement together with all amendments thereto, taken as a
whole, or new agreement are not otherwise more disadvantageous to holders of the Securities in any material respect than the original agreement as in effect on the Closing Date, 

(12) transactions with customers, clients, suppliers, or purchasers or sellers of goods or services, in each case in the
ordinary course of business and otherwise in compliance with the terms hereof that are fair to the Issuer or its Restricted Subsidiaries, in the reasonable determination of the members of the Board of Directors of the Issuer or the senior management
thereof, or are on terms at least as favorable as would reasonably have been entered into at such time with an unaffiliated party; or 

(13) payments or loans (or cancellation of loans) to employees or consultants of the Issuer, any of its direct or indirect
parent companies or any of its Restricted Subsidiaries which are approved by a majority of the Board of Directors in good faith, or 

(14) any transaction with a Securitization Subsidiary effected as part of a Qualified Securitization Financing. 

SECTION 4.08 Change of Control. 

(a) Upon the occurrence of a Change of Control, unless all Securities have been called for redemption pursuant to
Section 3.07, each Holder of Securities shall have the right to require the Issuer to repurchase all or any part (equal to $1,000 or an integral multiple thereof) of such Holder’s Securities pursuant to a Change of Control Offer made
pursuant to Section 3.09 at an offer price in cash (the “Change of Control Payment”) equal to 101% of the aggregate principal amount thereof plus accrued and unpaid interest, including Additional Interest, if any, thereon, if
any, to the date of purchase. 
 (b) The Issuer shall not be required to make a Change of Control Offer upon a Change of
Control if a third party makes the Change of Control Offer in the manner, at the times and otherwise in compliance with the requirements set forth in Section 3.09 applicable to a Change of Control Offer made by the Issuer and purchases all
Securities validly tendered and not withdrawn under such Change of Control Offer. 

  
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 SECTION 4.09 Compliance Certificates. The Issuer shall deliver to the Trustee within 120 days
after the end of each fiscal year of the Issuer an Officers’ Certificate, one of the signers of which shall be the principal executive officer, principal financial officer or principal accounting officer of the Issuer, stating that in the
course of the performance by the signers of their duties as Officers of the Issuer they would normally have knowledge of any Default and whether or not the signers know of any Default that occurred during such period. If they do have such knowledge,
the certificate shall describe the Default, its status and what action the Issuer is taking or proposes to take with respect thereto. At all times after a TIA Event, the Issuer also shall comply with Section 314(a)(4) of the TIA. 

The Issuer shall deliver to the Trustee, as soon as possible and in any event within five Business Days after any Senior Officer of the Issuer
becomes aware of the occurrence of any Event of Default or an event which, with notice or the lapse of time or both, would constitute an Event of Default, an Officers’ Certificate setting forth the details of such Event of Default or Default
and the action which the Issuer proposes to take with respect thereto. 
 SECTION 4.10 Liens. The Issuer shall not, and shall not permit any
of its Restricted Subsidiaries to, create, incur, assume or otherwise cause or suffer to exist or become effective any Lien of any kind securing Debt (other than Permitted Liens) upon any of their property or assets, now owned or hereafter acquired,
unless all payments due under this Indenture and the Securities are secured on an equal and ratable basis with the obligations so secured until such time as such obligations are no longer secured by such Lien or such other obligations are no longer
obligations of the Issuer or any of its Restricted Subsidiaries; provided that: 
 (a) if such other Debt constitutes
Subordinated Debt or is otherwise subordinate or junior in right of payment to the Obligations under this Indenture, the Securities or the Security Guarantees, such Lien is expressly made prior and senior in priority to the Lien securing such other
Debt; or 
 (b) in any other case, such Lien ranks equally and ratably with or prior to the Lien securing the other Debt or
obligations so secured. 
 SECTION 4.11 Additional Security Guarantees. 

(a) If the Issuer or any of its Restricted Subsidiaries acquires or creates another Domestic Subsidiary after the Closing Date
and such Domestic Subsidiary is a guarantor of any Obligations under a Credit Facility, then that newly acquired or created Domestic Subsidiary shall become a Guarantor and execute a Security Guarantee in accordance with the provisions of this
Indenture within 10 Business Days of the later of (a) the date on which it was acquired or created or (b) on which it becomes a guarantor of such Credit Facility. 

(b) Any Security Guarantee given by any Restricted Subsidiary shall be automatically released at such time as the holders of
the Debt under the Credit Facility release their guarantees by such Restricted Subsidiary (including any deemed release upon payment in full of all obligations under such Debt). 

(c) Any Restricted Subsidiary that is required to become a Guarantor shall do so by executing and delivering to the Trustee a
supplemental indenture hereto as provided in Section 9.01. 

  
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 SECTION 4.12 Business Activities. The Issuer shall not, and shall not permit any Restricted
Subsidiary to, engage in any business other than Permitted Businesses, except to such extent as is not material to the Issuer and its Restricted Subsidiaries taken as a whole. 

SECTION 4.13 Payments for Consent. The Issuer shall not, and shall not permit any of its Restricted Subsidiaries to, directly or indirectly,
pay or cause to be paid any consideration to or for the benefit of any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of this Indenture or the Securities unless such consideration is offered to
be paid and is paid to all Holders that consent, waive or agree to amend in the time frame set forth in the solicitation documents relating to such consent, waiver or amendment. 

SECTION 4.14 Taxes. The Issuer shall pay or discharge or cause to be paid or discharged, before the same shall become delinquent, (i) all
material taxes, assessments and governmental charges levied or imposed upon the Issuer or any Restricted Subsidiary or upon the income, profits or property of the Issuer or any Restricted Subsidiary and (ii) all lawful claims for labor,
materials and supplies, which, if unpaid, might by law become a material liability or Lien upon the property of the Issuer or any Restricted Subsidiary; provided, however, that the Issuer shall not be required to pay or discharge or
cause to be paid or discharged any such tax, assessment, charge or claim the amount, applicability or validity of which is being contested in good faith by appropriate proceedings and for which appropriate reserves, if necessary (in the good faith
judgment of management of the Issuer), are being maintained in accordance with GAAP or where the failure to effect such payment will not be materially disadvantageous to the Holders. 

SECTION 4.15 Corporate Existence. Except as otherwise provided in this Article 4 and Article 5, the Issuer shall do or cause to be done all
things necessary to preserve and keep in full force and effect its corporate existence and the corporate, partnership, limited liability company or other existence of each Restricted Subsidiary in accordance with their respective organizational
documents (as the same may be amended from time to time). 
 SECTION 4.16 Limitation on Layered Debt. The Issuer shall not incur any Debt
that is (a) expressly subordinate in right of payment to any Senior Debt and (b) senior in any respect in right of payment of Securities. No Guarantor shall incur any Debt that is (a) expressly subordinate in right of payment to any
Senior Debt and (b) senior in any respect in right of payment to the Security Guarantee of such Guarantor. In addition, neither the Issuer nor a Guarantor shall incur any Secured Debt (including any second lien debt or “first loss”
tranche) which is, by its express terms, subordinated as to rights to receive proceeds of collateral to any other Secured Debt of the Issuer or a Guarantor secured in whole or in part by the same collateral. In addition, neither the Issuer nor any
Guarantor shall incur any Debt under Debt Facilities otherwise permitted under Section 4.03(a) or Section 4.03(b)(3)(ii) or any Permitted Refinancing Debt in respect thereof unless: 

(A) either (i) such Debt expressly provides that it is on a parity with or subordinated (to the same extent the Securities
are subordinated to Senior Debt hereunder) in right of payment to the Securities of the Issuer and each Security Guarantee of each such Guarantor, or (ii) concurrently with the issuance of such Debt, this Indenture, the Securities and the
Security Guarantees are amended in accordance with Section 9.01(f) to remove in their entirety, the subordination provisions thereof in Article 12 of this Indenture and all related provisions that relate solely to such subordination provisions,
or 
 (B) such Debt is Secured Debt that is secured by a Lien having the same lien priority and on the same collateral as the
Liens that secures any Credit Facilities permitted under Section 4.03(b)(1). 

  
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 SECTION 4.17 Limitation on Issuances and Sales of Equity Interests of Restricted Subsidiaries.
The Issuer will not, and will not permit any Restricted Subsidiary to, (a) transfer, convey, sell, issue, lease or otherwise dispose of any Equity Interests of any Wholly Owned Restricted Subsidiary of the Issuer or any Restricted Subsidiary of
the Issuer which is not a Guarantor to any Person (other than to the Issuer, another Wholly Owned Restricted Subsidiary of the Issuer or, in the case of a Foreign Subsidiary that is a Wholly Owned Restricted Subsidiary, as otherwise permitted by the
second sentence of the definition of “Wholly Owned Restricted Subsidiary”), unless (i) such transfer, conveyance, sale, lease or other disposition is of all the Equity Interests of such Restricted Subsidiary and (ii) such
transfer, conveyance, sale, lease or other disposition shall be made in accordance with the provisions of Section 4.06; provided, however, that this Section 4.17 shall not restrict any pledge of Capital Stock of the Issuer
and its Restricted Subsidiaries securing Debt under the Credit Facilities or other Debt permitted to be secured by Section 4.10 hereof, and (b) issue any Equity Interests of any Wholly Owned Restricted Subsidiary of the Issuer or any
Restricted Subsidiary of the Issuer which is not a Guarantor to any Person (other than, if necessary, shares of Capital Stock of such Restricted Subsidiary constituting directors’ qualifying shares or, in the case of a Foreign Subsidiary that
is a Wholly Owned Restricted Subsidiary, as otherwise permitted by the second sentence of the definition of “Wholly Owned Restricted Subsidiary”) other than to the Issuer or a Wholly Owned Restricted Subsidiary of the Issuer. 

SECTION 4.18 Limitations on Sale and Leaseback Transactions. The Issuer will not, and will not permit any of its Restricted Subsidiaries to,
enter into any sale and leaseback transaction; provided, however, that the Issuer or any Restricted Subsidiary may enter into a sale and leaseback transaction if the Issuer or such Restricted Subsidiary (a) could have incurred
Debt in an amount equal to the Attributable Debt relating to such sale and leaseback transaction pursuant to the Coverage Ratio Exception or Section 4.03(b)(23) and (b) disposed of the property or assets subject to such sale and leaseback
transaction in compliance with Section 4.06. 
 SECTION 4.19 Additional Covenants relating to the Initial Purchaser Parties. So long as
the Initial Purchaser Parties hold 40% or more of the then outstanding principal amount of the Securities, 
 (a) Debt of
Holdco or any of its Subsidiaries, including the Issuer or any of its Restricted Subsidiaries directly or indirectly (including through participations) issued to or acquired by an Affiliate (other than (x) investment funds managed by CVC
Cordatus Group Limited or that are regularly and primarily engaged in the business of making debt or mezzanine investments and (y) Affiliated CD&R Debt Funds) of the Issuer (other than a direct or indirect Restricted Subsidiary of the
Issuer) shall be Affiliate Subordinated Debt; provided, however, that the foregoing restriction shall not prohibit any purchase by the Initial Control Group, the CD&R Group or their respective Affiliates from unaffiliated third
parties of up to one-third of the outstanding principal amount of any one or more classes of indebtedness of the Issuer or any of its Restricted Subsidiaries (it being understood and agreed that no Initial Purchaser Party shall be subject to this
provisions of this Section solely by virtue of being included in the definition of the Initial Control Group or owning any Indebtedness of the Issuer, any of its direct or indirect parent companies or its Restricted Subsidiaries); 

  
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 (b) The Restricted Subsidiaries that are not Guarantors shall not be permitted to
incur any Debt (including Acquired Debt and Attributable Debt) pursuant to the Coverage Ratio Exception; and 
 (c) The
Issuer and the Restricted Subsidiaries shall not be permitted to enter into any Securitization Financing or sell any Securitization Assets. 

ARTICLE 5 
 SUCCESSOR
ISSUER 
 SECTION 5.01 Merger, Consolidation or Sale of All or Substantially All Assets of the Issuer. 

(a) The Issuer shall not directly or indirectly consolidate or merge with or into (whether or not the Issuer is the surviving
corporation), or sell, assign, transfer, convey or otherwise dispose of all or substantially all of its properties or assets in one or more related transactions to another Person unless: 

(1) the Issuer is the surviving entity or the Person formed by or surviving any such consolidation or merger (if other than the
Issuer) or to which such sale, assignment, transfer, conveyance or other disposition shall have been made is an entity organized or existing under the laws of the United States, any state thereof or the District of Columbia; provided that if
such surviving person is not a corporation, a corporate Wholly Owned Restricted Subsidiary of such Person organized under the laws of the United States, any state or the District of Columbia becomes a co-issuer of the Securities in connection
therewith; 
 (2) the Person formed by or surviving any such consolidation or merger (if other than the Issuer) or the Person
to which such sale, assignment, transfer, conveyance or other disposition shall have been made assumes all the obligations of the Issuer under the Securities, this Indenture and any Registration Rights Agreement pursuant to a supplemental indenture
in a form reasonably satisfactory to the Trustee; 

  
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 (3) immediately after such transaction no Default exists; 

(4) the Issuer or the Person formed by or surviving any such consolidation or merger (if other than the Issuer), or to which
such sale, assignment, transfer, conveyance or other disposition shall have been made shall, at the time of such transaction and after giving pro forma effect thereto as if such transaction had occurred at the beginning of the applicable
four-quarter period, either (i) be permitted to incur at least $1.00 of additional Debt pursuant to the Coverage Ratio Exception or (ii) have a Consolidated Fixed Charge Coverage Ratio at least equal to the Consolidated Fixed Charge
Coverage Ratio of the Issuer for such four-quarter reference period; and 
 (5) the Issuer shall have delivered to the
Trustee an Officers’ Certificate and an Opinion of Counsel, each stating that such consolidation, merger, sale, assignment, transfer, conveyance or other disposition and such supplemental indenture (if any) comply with this Indenture. 

(b) In addition, the Issuer may not, directly or indirectly, lease all or substantially all of its and its Restricted
Subsidiaries’ properties or assets in one or more related transactions, to any other Person. 
 (c) Notwithstanding the
foregoing, clauses (3) and (4) (and, in the case of clause (1) below, clause (5)) of Section 5.01(a) shall not apply to: 

(1) the consolidation or merger of the Issuer with or into a Restricted Subsidiary or the consolidation or merger of a
Restricted Subsidiary with or into the Issuer or the transfer of assets to a Restricted Subsidiary of the Issuer or from a Restricted Subsidiary of the Issuer to the Issuer; and 

(2) any merger or consolidation of the Issuer with an Affiliate formed solely for the purpose of reforming the Issuer in
another jurisdiction or solely for the purpose of facilitating the formation of a direct or indirect parent of the Issuer. 

(d) For purposes of this Section 5.01, the sale, assignment, transfer, conveyance or other disposition (including by way
of merger or consolidation) of all or substantially all of the properties and assets of one or more Restricted Subsidiaries of the Issuer, which property or assets, if held by the Issuer instead of such Restricted Subsidiaries, would constitute all
or substantially all of the properties and assets of the Issuer on a consolidated basis, shall be deemed to be the transfer of all or substantially all of the properties and assets of the Issuer. 

(e) Upon any consolidation or merger or any transfer (other than a lease) of all or substantially all of the assets of the
Issuer in accordance with this Section 5.01, the successor entity formed by such consolidation or into which the Issuer is merged or to which such transfer is made, shall succeed to, and be substituted for, and may exercise

  
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every right and power of, the Issuer under the Securities and this Indenture with the same effect as if such successor entity had been named in this Indenture as the Issuer, and the Issuer
(except in the case of a transfer of less than all of the assets of the Issuer) shall be released from the obligations under the Securities, this Indenture and any Registration Rights Agreement. 

(f) For the avoidance of doubt, the CD&R Purchase Transaction shall not be considered the sale of all or substantially all
of the Issuer’s and its Restricted Subsidiary’s assets for purposes of this Section 5.01. 
 SECTION 5.02 Merger or
Consolidation of a Guarantor. 
 (a) No Guarantor may consolidate with or merge with or into (whether or not such Guarantor
is the surviving Person) another Person (other than the Issuer or, in the case of a Guarantor, another Guarantor) unless: 

(1) subject to the provisions of Section 10.02(b), the Person formed by or surviving any such consolidation or merger (if
other than such Guarantor) assumes all the obligations of such Guarantor pursuant to a supplemental indenture in form and substance reasonably satisfactory to the Trustee, under the Securities, this Indenture and any Registration Rights Agreement;
and 
 (2) immediately after giving effect to such transaction, no Default exists. 

(b) Upon any consolidation or merger in which a Guarantor is not the continuing corporation in accordance with the foregoing,
except as set forth in Section 11.02(b), the surviving corporation or the Person formed by or surviving any such consolidation or merger (if other than such Guarantor) shall succeed to, and be substituted for, and may exercise every right and
power of, such Guarantor under its Guarantee, this Indenture and any Registration Rights Agreement with the same effect as if such surviving corporation or the Person formed by or surviving any such consolidation or merger (if other than such
Guarantor) had been named as such. 
 ARTICLE 6 

DEFAULTS AND REMEDIES 

SECTION 6.01 Events of Default and Remedies. 

(a) Each of the following constitutes an “Event of Default” under this Indenture: 

(1) default for 30 days in the payment when due of interest, including Additional Interest, if any, on the Securities (whether
or not prohibited by Article 10); 
 (2) default in payment when due of the principal of or premium, if any, on the
Securities (including upon mandatory redemption), and any failure of 

  
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the Issuer to make a Change of Control Offer or Asset Sale Offer when required or to purchase Securities required to be purchased in connection therewith (whether or not prohibited by Article
10); 
 (3) failure by the Issuer to comply with Section 5.01 or 5.03; 

(4) failure by the Issuer for 30 days after receipt of notice from the Trustee or the Holders of at least 25% in principal
amount of the then outstanding Securities specifying such failure to comply with Section 4.03 or Section 4.04; provided, however, at all times while the Initial Purchaser Parties hold 40% or more of the then outstanding
principal amount of the Securities, an Event of Default shall occur upon receipt of any such notice by the Issuer; 
 (5)
failure by the Issuer for 60 days after receipt of notice given to the Issuer by the Trustee or to the Issuer and the Trustee by the Holders of at least 25% in aggregate principal amount of the Securities outstanding specifying such failure to
comply with any other Sections of this Indenture or the Securities; provided, however, at all times while the Initial Purchaser Parties hold 40% or more of the then outstanding principal amount of the Securities, such 60 day period
shall be reduced to 30 days for any failure to comply with Section 4.07; 
 (6) (A) the failure by the Issuer or
any Restricted Subsidiary that is a Guarantor to pay any Debt within any applicable grace period after final maturity or acceleration by the holders thereof because of a default or (B) or a default occurs with respect to any Debt of the Issuer
or any Restricted Subsidiary that is a Guarantor that ranks pari passu with the Securities or the relevant Security Guarantee or constitutes Subordinated Debt, which default permits the holder or holders thereof (or any trustee or
agent on their behalf) to accelerate that Debt (giving effect to any applicable grace period), and, in the case of (A) or (B) the total amount of such Debt unpaid or accelerated or in default at the time exceeds $30.0 million; 

(7) any judgment or decree for the payment of money in excess of $30.0 million (net of any insurance or indemnity payments
actually received in respect thereof prior to or within 60 days from the entry thereof, or which are covered by insurance (unless the Issuer’s insurance carriers have denied coverage in respect thereof) in the event any appeal thereof shall be
unsuccessful) is entered against the Issuer or any Restricted Subsidiary that is a Significant Subsidiary and is not discharged, waived or stayed and either (A) an enforcement proceeding has been commenced by any creditor upon such judgment or
decree or (B) there is a period of 60 days following the entry of such judgment or decree during which such judgment or decree is not discharged, waived or the execution thereof stayed; 

(8) except as permitted by this Indenture, any Security Guarantee by a Guarantor that is a Significant Subsidiary shall be held
in any judicial proceeding to be unenforceable or invalid or shall cease for any reason to be in full force and effect or any Guarantor, or any Person acting on behalf of any Guarantor, shall deny or disaffirm its obligations under its Security
Guarantee; 

  
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 (9) Holdco (for so long as the Issuer is a Subsidiary of Holdco), the Issuer or
any Restricted Subsidiary that is a Significant Subsidiary pursuant to or within the meaning of any Bankruptcy Law: 
 (i)
commences a voluntary case; 
 (ii) consents to the entry of an order for relief against it in an involuntary case; 

(iii) consents to the appointment of a Custodian of it or for any substantial part of its property; 

(iv) makes a general assignment for the benefit of its creditors; 

(v) or takes any comparable action under any foreign laws relating to insolvency; 

(10) a court of competent jurisdiction enters an order or decree under any Bankruptcy Law that: 

(i) is for relief against Holdco (for so long as the Issuer is a Subsidiary of Holdco), the Issuer or any Restricted
Subsidiary that is a Significant Subsidiary in an involuntary case; 
 (ii) appoints a Custodian of Holdco (for so long as
the Issuer is a Subsidiary of Holdco), the Issuer or any Restricted Subsidiary that is a Significant Subsidiary or for any substantial part of its property; or 

(iii) orders the winding up or liquidation of Holdco (for so long as the Issuer is a Subsidiary of Holdco), the Issuer or any
Restricted Subsidiary that is a Significant Subsidiary; 
 or any similar relief is granted under any foreign laws and the order or decree relating thereto
remains unstayed and in effect for 60 days; or 
 (11) while the Initial Purchaser Parties hold 40% or more of the then
outstanding principal amount of the Securities: (A) the occurrence of (x) any material breach of the representations and warranties contained in Section 4 of the Purchase Agreement which do not contain materiality or material adverse
effect qualifiers or (y) any breach of the representations and warranties contained in Section 4 of the Purchase Agreement which contain materiality or material adverse effect qualifiers or (B) failure by the Issuer for 30 days after
receipt of notice from the any Initial Purchaser Party specifying such failure to comply, or cause the compliance of, with any of the covenants contained in the Purchase Agreement. 

  
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 (b) The foregoing shall constitute Events of Default whatever the reason for any
such Event of Default and whether it is voluntary or involuntary or is effect by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body. 

(c) The term “Bankruptcy Law” means Title 11, U.S. Code, or any similar federal or state law for the relief of
debtors. For purposes of this Section, the term “Custodian” means any receiver, trustee, assignee, liquidator, custodian or similar official under any Bankruptcy Law. 

(d) A Default under clause (4) or (5) of Section 6.01(a) is not an Event of Default until the Trustee or the
Holders of at least 25% in aggregate principal amount of the outstanding Securities notify the Issuer in writing by registered or certified mail, return receipt requested, of the Default and the Issuer does not cure such Default within the time, if
applicable, specified in clauses (4) and (5) of Section 6.01(a) after receipt of such notice. Such notice must specify the Default, demand that it be remedied and state that such notice is a “Notice of Default.” 

SECTION 6.02 Acceleration. 

(a) If an Event of Default (other than an Event of Default specified in Section 6.01(a)(9) or (10) with respect to
the Issuer) occurs and is continuing, the Trustee by notice to the Issuer in writing, or the Holders of at least 25% in aggregate principal amount of the outstanding Securities by notice in writing to the Issuer, may declare the principal amount of
and accrued but unpaid interest, including Additional Interest, if any, on all the Securities to be due and payable. Upon such a declaration, such principal and interest, including Additional Interest, if any, shall be due and payable immediately.
Notwithstanding the foregoing, if an Event of Default specified in Section 6.01(a)(9) or (10) occurs with respect to the Issuer, the principal of and interest, including Additional Interest, if any, on all the Securities shall ipso facto
become and be immediately due and payable without any declaration or other act on the part of the Trustee or any Securityholders. 

(b) At any time after a declaration of acceleration with respect to the Securities as described in Section 6.02(a), the
Holders of a majority in aggregate principal amount of the Securities may rescind and cancel such declaration and its consequences: (i) if the rescission would not conflict with any judgment or decree; (ii) if all existing Events of
Default have been cured or waived except nonpayment of principal or interest, including Additional Interest, if any, that has become due solely because of the acceleration; (iii) to the extent the payment of such interest is lawful, interest on
overdue installments of interest and overdue principal, which has become due otherwise than by such declaration of acceleration, has been paid; and (iv) if the Issuer has paid the Trustee its reasonable compensation and reimbursed the Trustee
for its expenses, disbursements and advances. No such rescission shall affect any subsequent Default or impair any right consequent thereto. 

  
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 SECTION 6.03 Other Remedies. If, at any time while the Initial Purchaser Parties hold 40% or more
of the then outstanding principal amount of the Securities, unless waived by the Initial Purchaser Parties, a Default in the payment when due of interest on, principal of, or premium, if any, on, the Securities or an Event of Default has occurred
and is continuing, then in each case the Securities will accrue interest at the stated interest rate on the Securities plus the Default Interest Rate until the earlier of such time as no such Default or such Event of Default shall be continuing (to
the extent that the payment of such interest shall be legally enforceable). At any other time, any amounts payable under or in respect of the Securities not paid when due will accrue interest at the stated interest rate on the Securities plus the
Default Interest Rate until such time as such amounts are paid in full, including any interest thereon (to the extent that the payment of such overdue interest shall be legally enforceable). Default interest shall be payable in cash on demand and,
to the extent applicable, in accordance with Section 2.14 hereof 
 If an Event of Default occurs and is continuing, the Trustee may
pursue any available remedy to collect the payment of principal of, premium, if any, or interest, including Additional Interest, if any, on the Securities or to enforce the performance of any provision of the Securities or this Indenture. 

The Trustee may maintain a proceeding even if it does not possess any of the Securities or does not produce any of them in the proceeding. A
delay or omission by the Trustee or any Securityholder in exercising any right or remedy accruing upon an Event of Default shall not impair the right or remedy or constitute a waiver of or acquiescence in the Event of Default. No remedy is exclusive
of any other remedy. All available remedies are cumulative (to the extent permitted by law). 
 SECTION 6.04 Waiver of Past Defaults. The
Holders of a majority in aggregate principal amount of the Securities then outstanding by notice to the Trustee may on behalf of the Holders of all of the Securities waive any existing Default and its consequences under this Indenture except a
continuing Event of Default in the payment of interest, including Additional Interest, if any, on, or the principal of, the Securities. When a Default is waived, it is deemed cured and ceases to exist and any Event of Default arising therefrom shall
be deemed to have been cured and waived for every purpose under this Indenture, but no such waiver shall extend to any subsequent or other Default or impair any consequent right. 

SECTION 6.05 Control by Majority. The Holders of a majority in aggregate principal amount of the Securities may direct the time, method and
place of conducting any proceeding for any remedy available to the Trustee or of exercising any trust or power conferred on the Trustee by this Indenture. However, the Trustee may refuse to follow any direction that conflicts with law or this
Indenture or, subject to Section 7.01, that the Trustee determines is unduly prejudicial to the rights of other Securityholders or would involve the Trustee in personal liability; provided, however, that the Trustee may take any
other action deemed proper by the Trustee that is not inconsistent with such direction. Prior to taking any action hereunder, the Trustee shall be entitled to indemnification satisfactory to it in its sole discretion against all losses and expenses
caused by taking or not taking such action. 
 SECTION 6.06 Limitation on Suits. Except to enforce the right to receive payment of
principal, premium, if any, or interest, including Additional Interest, if any, when due, no Securityholder may pursue any remedy with respect to this Indenture, the Securities or the Security Guarantees unless: 

(a) such Holder has previously given the Trustee notice that an Event of Default is continuing or the Trustee has received such
notice from the Issuer; 

  
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 (b) Holders of at least 25% in aggregate principal amount of the outstanding
Securities have requested the Trustee to pursue the remedy; 
 (c) such Holders have offered and, if requested, provided the
Trustee security or indemnity to it against any loss, liability or expense, in each case to be reasonably satisfactory; 

(d) the Trustee has not complied with such request within 60 days after the receipt of the request and the offer and, if
requested, the provision of such security or indemnity; and 
 (e) the Holders of a majority in aggregate principal amount of
the outstanding Securities have not given the Trustee a direction inconsistent with such request within such 60- day period. 
 A
Securityholder shall not use this Indenture to prejudice the rights of another Securityholder or to obtain a preference or priority over another Securityholder. The limitation set forth in this Section 6.06 shall not apply to the Initial
Purchaser Parties so long as the Initial Purchasers hold 40% or more of the then outstanding principal amount of the Securities. 
 SECTION
6.07 Rights of Holders to Receive Payment. Notwithstanding any other provision of this Indenture, the right of any Holder to receive payment of principal of and interest, including Additional Interest, if any, on the Securities held by such Holder,
on or after the respective due dates expressed in the Securities, or to bring suit for the enforcement of any such payment on or after such respective dates, shall not be impaired or affected without the consent of such Holder. 

SECTION 6.08 Collection Suit by Trustee. If an Event of Default specified in Section 6.01(a)(1) or (2) occurs and is continuing, the
Trustee may recover judgment in its own name and as trustee of an express trust against the Issuer for the whole amount then due and owing (together with interest, including Additional Interest, if any, on any unpaid interest to the extent lawful)
and the amounts provided for in Section 7.07. 
 SECTION 6.09 Trustee May File Proofs of Claim. The Trustee may file such proofs of
claim and other papers or documents as may be necessary or advisable in order to have the claims of the Trustee and the Securityholders allowed in any judicial proceedings relative to the Issuer, any Restricted Subsidiary or any Guarantor, their
creditors or their property and, unless prohibited by law or applicable regulations, may vote on behalf of the Holders in any election of a trustee in bankruptcy or other Person performing similar functions, and any Custodian in any such judicial
proceeding is hereby authorized by each Holder to make payments to the Trustee and, in the event that the Trustee shall consent to the making of such payments directly to the Holders, to pay to the Trustee any amount due it for the compensation,
expenses, disbursements and advances of the Trustee, its agents and its counsel, and any other amounts due the Trustee under Section 7.07. 

  
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 SECTION 6.10 Priorities. If the Trustee collects any money or property pursuant to this Article
6, it shall pay out the money or property in the following order: 
 FIRST: to the Trustee for amounts due under
Section 7.07; 
 SECOND: to the holders of Senior Debt to the extent required by Article 10; 

THIRD: to Securityholders for amounts due and unpaid on the Securities for principal and interest, ratably, without preference
or priority of any kind, according to the amounts due and payable on the Securities for principal and interest, respectively; and 

FOURTH: to the Issuer. 

The Trustee may fix a record date and payment date for any payment to Securityholders pursuant to this Section. At least 15 days before such
record date, the Trustee shall send to each Securityholder and the Issuer a notice that states the record date, the payment date and amount to be paid. 

SECTION 6.11 Undertaking for Costs. In any suit for the enforcement of any right or remedy under this Indenture or in any suit against the
Trustee for any action taken or omitted by it as Trustee, a court in its discretion may require the filing by any party litigant in the suit of an undertaking to pay the costs of the suit, and the court in its discretion may assess reasonable costs,
including reasonable attorneys’ fees and expenses, against any party litigant in the suit, having due regard to the merits and good faith of the claims or defenses made by the party litigant. This Section does not apply to a suit by the
Trustee, a suit by a Holder pursuant to Section 6.07 or a suit by Holders of more than 10% in principal amount of the Securities. 

SECTION 6.12 Waiver of Stay or Extension Laws. Neither the Issuer nor any Guarantor (to the extent they may lawfully do so) shall at any time
insist upon, or plead, or in any manner whatsoever claim or take the benefit or advantage of, any stay or extension law wherever enacted, now or at any time hereafter in force, which may affect the covenants or the performance of this Indenture; and
the Issuer and each Guarantor (to the extent that they may lawfully do so) hereby expressly waive all benefit or advantage of any such law, and shall not hinder, delay or impede the execution of any power herein granted to the Trustee, but shall
suffer and permit the execution of every such power as though no such law had been enacted. 
 SECTION 6.13 Rights and Remedies Cumulative.
No right or remedy conferred or reserved to the Trustee or to the Holders under this Indenture is intended to be exclusive of any other right or remedy, and all such rights and remedies are, to the extent permitted by law, cumulative and in addition
to every other right and remedy hereunder or now or hereafter existing at law or in equity or otherwise. The assertion or exercise of any right or remedy hereunder, or otherwise, will not prevent the concurrent or subsequent assertion or exercise of
any other right or remedy. 

  
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 SECTION 6.14 Delay or Omission Not Waiver. No delay or omission of the Trustee or of any Holder
to exercise any right or remedy accruing upon any Event of Default will impair any such right or remedy or constitute a waiver of any such Event of Default or an acquiescence therein. Every right and remedy given by this Article or by law to the
Trustee or to the Holders may be exercised from time to time, and as often as may be deemed expedient, by the Trustee or by the Holders, as the case may be. 

ARTICLE 7 
 TRUSTEE

 SECTION 7.01 Duties of Trustee. 

(a) If an Event of Default has occurred and is continuing, the Trustee shall exercise the rights and powers vested in it by
this Indenture and use the same degree of care and skill in their exercise as a prudent Person would exercise or use under the circumstances in the conduct of such Person’s own affairs. 

(b) Except during the continuance of an Event of Default: 

(1) the Trustee undertakes to perform such duties and only such duties as are specifically set forth in this Indenture and no
implied covenants or obligations shall be read into this Indenture against the Trustee; and 
 (2) in the absence of bad
faith on its part, the Trustee may conclusively rely, as to the truth of the statements and the correctness of the opinions expressed therein, upon statements, certificates or opinions furnished to the Trustee and conforming to the requirements of
this Indenture. However, in the case of any such statements, certificates or opinions that by any provision hereof are specifically required to be furnished to the Trustee, the Trustee shall examine the statements, certificates and opinions to
determine whether or not they conform on their face to the requirements of this Indenture. 
 (c) The Trustee shall not be
relieved from liability for its own negligent action, its own negligent failure to act or its own willful misconduct, except that: 

(1) this paragraph does not limit the effect of Section 7.01(b); 

(2) the Trustee shall not be liable for any error of judgment made in good faith by a Trust Officer or Trust Officers unless it
is proved that the Trustee was negligent in ascertaining the pertinent facts; and 
 (3) the Trustee shall not be liable with
respect to any action it takes or omits to take in good faith in accordance with a direction received by it from any party authorized to direct the Trustee under this Indenture. 

(d) Every provision of this Indenture that in any way relates to the Trustee is subject to paragraphs (a), (b) and
(c) of this Section. 

  
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 (e) The Trustee shall not be liable for interest on any money received by it
except as the Trustee may agree in writing with the Issuer. 
 (f) Money held in trust by the Trustee need not be segregated
from other funds except to the extent required by law. 
 (g) No provision of this Indenture shall require the Trustee to
expend or risk its own funds or otherwise incur any potential or actual liability (financial or otherwise) in the performance of any of its duties hereunder or in the exercise of any of its rights or powers, if it shall have reasonable grounds to
believe that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. 

(h) Every provision of this Indenture relating to the conduct or affecting the liability of or affording protection to the
Trustee shall be subject to the provisions of this Section and to the provisions of the TIA after a TIA Event has occurred. 
 SECTION 7.02
Rights of Trustee. Subject to Section 7.01: 
 (a) The Trustee may conclusively rely, and shall be protected in acting
or refraining from acting, upon any document believed by it to be genuine and to have been signed or presented by the proper person. The Trustee need not investigate any fact or matter stated in any such document. 

(b) Before the Trustee acts or refrains from acting, it may require an Officers’ Certificate or an Opinion of Counsel. The
Trustee shall not be liable for any action it takes or omits to take in good faith in reliance on such Officers’ Certificate or Opinion of Counsel. 

(c) The Trustee may act through agents and shall not be responsible for the misconduct or negligence of any agent appointed
with due care. 
 (d) The Trustee shall not be liable for any action it takes or omits to take in good faith which it
believes to be authorized or within its rights or powers; provided, however, that the Trustee’s conduct does not constitute willful misconduct or negligence. 

(e) The Trustee may consult with counsel of its selection, and the advice or opinion of such counsel with respect to legal
matters relating to this Indenture and the Securities shall be full and complete authorization and protection from liability in respect to any action taken, omitted or suffered by it hereunder in good faith and in accordance with the advice or
opinion of such counsel. 
 (f) The Trustee shall not be bound to make any investigation into the facts or matters stated in
any resolution, certificate, statement, instrument, opinion, report, notice, request, consent, order, approval, bond, debenture, note or other paper or document, but the Trustee, in its discretion, may make such further inquiry or investigation into
such facts or matters as it may see fit, and, if the Trustee shall determine to make such further inquiry or investigation, it shall be entitled to examine the books, records and premises of the Issuer, personally or by agent or attorney at the sole
cost of the Issuer and shall incur no liability or additional liability of any kind by reason of such inquiry or investigation. 

  
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 (g) The Trustee shall not be required to give any note, bond or surety in respect
of the execution of the trusts and powers under this Indenture. 
 (h) The permissive rights of the Trustee to take any
action enumerated in this Indenture shall not be construed as a duty to take such action. 
 (i) The rights, privileges,
protections, immunities and benefits given to the Trustee, including its right to be indemnified, are extended to, and shall be enforceable by, the Trustee in each of its capacities hereunder, and to each agent, custodian and other Person employed
to act hereunder. 
 (j) The Trustee may request that the Issuer deliver an Officers’ Certificate setting forth the
names of individuals and/or titles of officers authorized at such time to take specified actions pursuant to this Indenture, which Officers’ Certificate may be signed by any person authorized to sign an Officers’ Certificate, including any
person specified as so authorized in any such certificate previously delivered and not superseded. 
 (k) In no event shall
the Trustee be responsible or liable for special, indirect, punitive or consequential loss or damage of any kind whatsoever (including, but not limited to, loss of profit) irrespective of whether the Trustee has been advised of the likelihood of
such loss or damage and regardless of the form of action. 
 SECTION 7.03 Individual Rights of Trustee. The Trustee in its individual or any
other capacity may become the owner or pledgee of Securities and may otherwise deal with the Issuer or its Affiliates with the same rights it would have if it were not Trustee. Any Paying Agent, Registrar, co registrar or co paying agent may do the
same with like rights. However, the Trustee must comply with Sections 7.10 and 7.11 and Sections 310(b) and 311 of the TIA after a TIA Event has occurred. 

SECTION 7.04 Trustee’s Disclaimer. The Trustee shall not be responsible for and makes no representation as to the validity or adequacy of
this Indenture or the Securities, it shall not be accountable for the Issuer’s use of the proceeds from the Securities, and it shall not be responsible for any statement of the Issuer in this Indenture or in any document issued in connection
with the sale of the Securities or in the Securities other than the Trustee’s certificate of authentication. 
 SECTION 7.05 Notice of
Defaults. If a Default occurs and is continuing and is known to the Trustee, the Trustee shall send to each Holder notice of the Default. Except in the case of a Default in the payment of principal of, premium, if any, or interest, including
Additional Interest, if any, on any Security, the Trustee may withhold notice if and so long it in good faith determines that withholding notice is in the interests of Securityholders. The Issuer shall deliver to the Trustee, forthwith upon any
Senior Officer obtaining actual knowledge of any Default, written notice of any event which would constitute such Default, its status and what action the Issuer is taking or proposes to take in respect thereof. Notwithstanding anything to the
contrary expressed in this Indenture, the Trustee shall not be deemed to have knowledge of any Default or 

  
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Event of Default hereunder, except in the case of an Event of Default under Section 6.01(a)(1) or (2) (provided that the Trustee is Paying Agent), unless and until a Trust
Officer receives written notice thereof at its Corporate Trust Office, from the Issuer or a Holder that such Default has occurred. 

SECTION 7.06 Reports by Trustee to Holders. At all times after a TIA Event, the Trustee shall transmit to the Holders such reports concerning
the Trustee and its actions under this Indenture as may be required pursuant to the TIA at the times and in the manner provided pursuant thereto. To the extent that any such report is required by the TIA with respect to any 12-month period, such
report shall cover the 12-month period ending September 30 and shall be transmitted by the next succeeding September 30. The Issuer shall deliver to the Trustee, within 120 days after the end of each fiscal year, an Officers’
Certificate indicating whether the signers thereof actually know of any Default or Event of Default that occurred during the previous year. 

A copy of each report at the time of its delivery to Securityholders shall be filed with the Commission and each stock exchange (if any) on
which the Securities are listed. The Issuer agrees to notify promptly the Trustee whenever the Securities become listed on any stock exchange and of any delisting thereof. 

SECTION 7.07 Compensation and Indemnity. The Issuer shall pay to the Trustee from time to time such compensation as is agreed to in writing by
the Trustee and Issuer for the Trustee’s services hereunder. The Trustee’s compensation shall not be limited by any law on compensation of a trustee of an express trust. The Issuer shall reimburse the Trustee upon request for all
reasonable out-of-pocket disbursements, advances and expenses incurred or made by it, including but not limited to costs of collection, in addition to the compensation for its services. Such expenses shall include the reasonable compensation and
expenses of the Trustee’s counsel, accountants and experts. The Issuer and each Guarantor, jointly and severally, shall indemnify and defend the Trustee and its officers, directors, shareholders, agents and employees (each, an
“Indemnified Party”) for and hold each Indemnified Party harmless against any and all loss, damage, claims, liability or expense (including attorneys’ fees and expenses) including taxes (other than taxes based upon, measured by
or determined by the income of the Trustee) incurred by them without negligence or bad faith on their part arising out of or in connection with the acceptance or administration of this Indenture or the Securities and the performance of their duties
hereunder, including the cost and expense of enforcing this Indenture against the Issuer (including this Section 7.07), and defending itself against or investigating any claim or liability (whether asserted by a Holder or any other person). The
Trustee, in its capacity as Paying Agent, Registrar, Custodian and agent for service of notice and demands, and the Trustee’s officers, directors, shareholders, agents and employees, when acting in such other capacity, shall have the full
benefit of the foregoing indemnity as well as all other benefits, rights and privileges accorded to the Trustee in this Indenture when acting in such other capacity. The Trustee shall notify the Issuer of any claim for which it may seek indemnity
promptly upon obtaining actual knowledge thereof; provided that any failure so to notify the Issuer shall not relieve the Issuer or any Guarantor of its indemnity obligations hereunder. The Issuer shall defend the claim and the Indemnified
Party shall provide reasonable cooperation at the Issuer’s expense in the defense. Such Indemnified Parties may have separate counsel and the Issuer shall pay the fees and expenses of such counsel; provided that the Issuer shall not be
required to pay such fees and expenses if it assumes such Indemnified Parties’ defense and, in 

  
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such Indemnified Parties’ reasonable judgment, there is no conflict of interest between the Issuer and such parties in connection with such defense. The Issuer need not reimburse any expense
or indemnify against any loss, liability or expense incurred by an Indemnified Party through such party’s own willful misconduct, negligence or bad faith. The Issuer need not pay any settlement made without its consent (which consent shall not
be unreasonably withheld). 
 The Trustee’s right to receive payment of any amounts due under this Indenture shall not be subordinated
to any other Debt of the Issuer, and the Securities shall be subordinate to the Trustee’s rights to receive such payment. 
 The
Issuer’s payment obligations pursuant to this Section shall survive the satisfaction or discharge of this Indenture, any rejection or termination of this Indenture under any Bankruptcy Law or the resignation or removal of the Trustee. When the
Trustee incurs expenses after the occurrence of a Default specified in Section 6.01(a)(9) or (10) with respect to the Issuer, the expenses are intended to constitute expenses of administration under the Bankruptcy Law. 

SECTION 7.08 Replacement of Trustee. The Trustee may resign at any time by so notifying the Issuer in writing. The Holders of a majority in
principal amount of the Securities may remove the Trustee by so notifying the Trustee and the Issuer in writing and may appoint a successor Trustee. The Issuer shall remove the Trustee if: 

(a) the Trustee fails to comply with Section 7.10; 

(b) the Trustee is adjudged bankrupt or insolvent; 

(c) a receiver or other public officer takes charge of the Trustee or its property; or 

(d) the Trustee otherwise becomes incapable of acting. 

If the Trustee resigns, is removed by the Issuer or by the Holders of a majority in principal amount of the Securities and such Holders do not
reasonably promptly appoint a successor Trustee, or if a vacancy exists in the office of Trustee for any reason (the Trustee in such event being referred to herein as the “retiring Trustee”), the Issuer shall promptly appoint a
successor Trustee. 
 A successor Trustee shall deliver a written acceptance of its appointment to the retiring Trustee and to the Issuer.
Thereupon the resignation or removal of the retiring Trustee shall become effective, and the successor Trustee shall have all the rights, powers and duties of the Trustee under this Indenture. The successor Trustee shall send a notice of its
succession to Securityholders. The retiring Trustee shall promptly transfer all property held by it as Trustee to the successor Trustee, subject to the Lien provided for in Section 7.07. 

If a successor Trustee does not take office within 60 days after the retiring Trustee resigns or is removed, the retiring Trustee or the
Holders of at least 10% in aggregate principal amount of the Securities may petition any court of competent jurisdiction for the appointment of a successor Trustee at the expense of the Issuer. 

  
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 If the Trustee fails to comply with Section 7.10, any Securityholder may petition any court
of competent jurisdiction for the removal of the Trustee and the appointment of a successor Trustee. 
 Notwithstanding the replacement of
the Trustee pursuant to this Section, the Issuer’s and Guarantors’ obligations under Section 7.07 shall continue for the benefit of the retiring Trustee. 

SECTION 7.09 Successor Trustee by Merger, Etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially
all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee, provided, that such Person shall be
qualified and eligible under this Article 7. 
 In case at the time such successor or successors by consolidation, merger, conversion or
transfer shall succeed to the trusts created by this Indenture, any of the Securities shall have been authenticated but not delivered, any such successor to the Trustee may adopt the certificate of authentication of any predecessor trustee, and
deliver such Securities so authenticated; and in case at that time any of the Securities shall not have been authenticated, any successor to the Trustee may authenticate such Securities either in the name of any predecessor hereunder or in the name
of the successor to the Trustee; and in all such cases such certificates shall have the full force which it is anywhere in the Securities or this Indenture provided that the certificate of the Trustee shall have. 

SECTION 7.10 Eligibility; Disqualification. After the occurrence of a TIA Event, the Trustee shall at all times satisfy the requirements of
TIA § 310(a). The Trustee shall have a combined capital and surplus of at least $50,000,000 as set forth in its most recent published annual report of condition. After the occurrence of a TIA Event, the Trustee shall comply with TIA §
310(b); provided, however, that there shall be excluded from the operation of TIA § 310(b)(1) any indenture or indentures under which other securities or certificates of interest or participation in other securities of the Issuer
are outstanding if the requirements for such exclusion set forth in TIA § 310(b)(1) are met. 
 SECTION 7.11 Preferential Collection of
Claims Against Issuer. After the occurrence of a TIA Event, the Trustee shall comply with TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee who has resigned or been removed shall be subject to TIA §
311(a) to the extent indicated therein. 
 ARTICLE 8 

DISCHARGE OF INDENTURE; DEFEASANCE 

SECTION 8.01 Legal Defeasance and Covenant Defeasance. 

(a) The Issuer may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’
Certificate, at any time, elect to have either Section 8.01(b) or 8.01(c) be applied to all outstanding Securities upon compliance with the conditions set forth below in this Article 8. 

  
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 (b) Upon the Issuer’s exercise under Section 8.01(a) of the option
applicable to this Section 8.01(b), the Issuer and each Guarantor shall, subject to the satisfaction of the conditions set forth in Section 8.02, be deemed to have been discharged from their obligations with respect to the Securities and
any Security Guarantees on the date the conditions set forth below are satisfied (hereinafter, “Legal Defeasance”). For this purpose, Legal Defeasance means that the Issuer and each Guarantor shall be deemed to have paid and
discharged the entire Debt represented by the outstanding Securities and any Security Guarantee, which Securities and Security Guarantees shall thereafter be deemed to be “outstanding” only for the purposes of Section 8.04 and the
other Sections of this Indenture referred to in (i) and (ii) below, and to have satisfied all their other obligations under the Securities and this Indenture (and the Trustee, on demand of and at the expense of the Issuer, shall execute
proper instruments acknowledging the same), except for the following provisions which shall survive until otherwise terminated or discharged hereunder: (i) the rights of Holders of outstanding Securities to receive solely from the trust fund
described in this Article 8, as more fully set forth in such Article, payments in respect of the principal of, premium, if any, and interest, including Additional Interest, if any, on such Securities when such payments are due, (ii) the
Issuer’s obligations with respect to the Securities under Article 2 and Sections 4.01, 7.07 and 7.08, which shall survive until the Securities have been paid in full (thereafter, the Issuer’s obligations in Section 7.02 and
Section 7.07 shall survive), and (iii) the rights, powers, trusts, duties and immunities of the Trustee, and the Issuer’s and the Guarantor’s obligations in connection therewith and (iv) this Section 8.01 and
Section 8.02. Subject to compliance with this Article 8, the Issuer may exercise its Legal Defeasance option notwithstanding the prior exercise of its Covenant Defeasance option. 

(c) Upon the Issuer’s exercise under Section 8.01(a) of the option applicable to this Section 8.01(c) subject to
the satisfaction of the conditions set forth in Section 8.02, each Guarantor shall be released from its Security Guarantee and the Issuer and each Guarantor shall be released from their obligations under Sections 4.02, 4.03, 4.04, 4.05, 4.06, 4.07,
4.08, 4.09, 4.10, 4.11, 4.12, 4.13, 4.14, 4.15, 4.16, 4.17, 4.18, 4.19, 5.01(a)(4), 5.02 and 5.03 with respect to the outstanding Securities on and after the date the conditions set forth below are satisfied (hereinafter, “Covenant
Defeasance”), and the Securities shall thereafter be deemed not “outstanding” for the purposes of any direction, waiver, consent or declaration of act of Holders (and the consequences of any thereof) in connection with such
Sections, but shall continue to be deemed “outstanding” for all the other purposes hereunder. For this purpose, Covenant Defeasance means that, with respect of any term, condition or limitation set forth in any such Section, whether
directly or indirectly, by reason of any reference elsewhere herein to any such Section or by reason of any reference in any such Section to any other provision herein or in any other document and such omission to comply shall not constitute a
Default, but, except as specified above, the remainder of this Indenture and such Securities shall be unaffected thereby. In addition, upon the Issuer’s exercise of its Covenant Defeasance option, subject to the satisfaction of the conditions
set forth in Section 8.02, Sections 6.01(a)(3) (with respect to compliance with 5.01(a)(4)), 6.01(a)(4) (with respect to Sections 4.03 and 4.04), 6.01(a)(5) (with respect to compliance with Sections 4.02, 4.05, 4.06, 4.07, 4.08, 4.09, 4.10,
4.11, 4.12, 4.13, 4.14, 4.15, 4.16, 4.17, 4.18 and 4.19), 6.01(a)(6), 6.01(a)(7), 6.01(a)(9), 6.01(a)(10) (with respect to Restricted Subsidiaries of the Issuer only), Section 6.01(a)(10) (with respect to Restricted Subsidiaries of the Issuer
only) and 6.01(a)(11) shall not constitute Events of Default. 

  
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 SECTION 8.02 Conditions to Legal or Covenant Defeasance. In order to exercise either Legal
Defeasance or Covenant Defeasance: 
 (a) the Issuer must irrevocably deposit with the Trustee (or another qualifying
trustee; for purposes of this Section 8.02 and Section 8.04, the term “Trustee” shall include such other qualifying trustee), in trust, for the benefit of the Holders, cash in United States dollars, Government Notes, or a
combination thereof, in such amounts as shall be sufficient (without reinvestment), in the opinion of a nationally recognized firm of independent public accountants, to pay the principal of, premium, if any, and interest, including Additional
Interest, if any, on the outstanding Securities on the Stated Maturity or on the applicable redemption date, as the case may be, and the Issuer must specify whether the Securities are being defeased to maturity or to a particular redemption date;

 (b) in the case of Legal Defeasance, the Issuer shall have delivered to the Trustee an Opinion of Counsel in the United
States reasonably acceptable to the Trustee confirming that, subject to customary assumptions and exclusions: (A) the Issuer has received from, or there has been published by, the Internal Revenue Service a ruling or (B) since the Closing
Date, there has been a change in the applicable federal income tax law, in either case to the effect that, the Holders of the outstanding Securities will not recognize income, gain or loss for federal income tax purposes as a result of such Legal
Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Legal Defeasance had not occurred; 

(c) in the case of Covenant Defeasance, the Issuer shall have delivered to the Trustee an Opinion of Counsel in the United
States, reasonably acceptable to the Trustee confirming that, subject to customary assumptions and exclusions, the Holders of the Outstanding Securities will not recognize income, gain or loss for federal income tax purposes as a result of such
Covenant Defeasance and will be subject to federal income tax on the same amounts, in the same manner and at the same times as would have been the case if such Covenant Defeasance had not occurred; 

(d) no Default (other than a Default resulting from the borrowing of funds to be applied to such deposit and the grant of any
Lien securing such borrowing) shall have occurred and be continuing on the date of such deposit; 
 (e) such Legal Defeasance
or Covenant Defeasance shall not result in a breach or violation of, or constitute a default under, any material agreement or instrument (other than this Indenture) to which the Issuer or any of its Restricted Subsidiaries is a party or by which the
Issuer or any of its Restricted Subsidiaries is bound; 
 (f) the Issuer shall have delivered to the Trustee an Opinion of
Counsel (subject to customary assumptions and qualifications) to the effect that, assuming no intervening bankruptcy of the Issuer or any Guarantor between the date of deposit and the 

  
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123rd day following the deposit and assuming that no Holder is an “insider” of the Issuer under applicable bankruptcy law, after the 123rd day following the deposit, the trust funds
shall not be subject to the effect of Section 547 of the United States Bankruptcy Code or any analogous New York State law provision; 

(g) the Issuer shall have delivered to the Trustee an Officers’ Certificate stating that the deposit was not made by the
Issuer with the intent of preferring the Holders over the other creditors of the Issuer or the Guarantors, as applicable, or with the intent of defeating, hindering, delaying or defrauding creditors of the Issuer or the Guarantors, as applicable, or
others; and 
 (h) the Issuer shall have delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel
(which Opinion of Counsel may be subject to customary assumptions and exclusions), each stating that all conditions precedent relating to the Legal Defeasance or the Covenant Defeasance (other than the expiration of the 123-day period referred to
above) have been complied with. 
 SECTION 8.03 Satisfaction and Discharge of Indenture. Upon the request of the Issuer, this Indenture
shall cease to be of further effect (except as to surviving rights of registration of transfer or exchange of the Securities, as expressly provided for herein or pursuant hereto), the Issuer and the Guarantors shall be discharged from their
obligations under the Securities and the Security Guarantees, and the Trustee, at the expense of the Issuer, shall execute proper instruments acknowledging satisfaction and discharge of this Indenture, the Security Guarantees, any Registration
Rights Agreement and the Securities when: 
 (a) either (i) all the Securities theretofore authenticated and delivered
(other than mutilated, destroyed, lost or stolen Securities that have been replaced or paid) have been delivered to the Trustee for cancellation or (ii) all Securities not theretofore delivered to the Trustee for cancellation (A) have
become due and payable, (B) will become due and payable at maturity within one year or (C) are to be called for redemption within one year under arrangements satisfactory to the Trustee for the giving of notice of redemption by the Trustee
in the name, and at the expense, of the Issuer, and the Issuer, in the case of (A), (B) or (C) above, has irrevocably deposited or caused to be deposited with the Trustee funds in trust for such purpose in an amount sufficient to pay and
discharge the entire Debt on such Securities not theretofore delivered to the Trustee for cancellation, for principal (and premium, if any, on) and interest on the Securities to the date of such deposit (in the case of Securities that have become
due and payable) or to the Stated Maturity or redemption date, as the case may be and any Additional Interest, if any, thereon; 

(b) the Issuer has paid or caused to be paid all sums payable under this Indenture by the Issuer; and 

(c) the Issuer has delivered to the Trustee an Officers’ Certificate and an Opinion of Counsel (which Opinion of Counsel
may be subject to customary assumptions and exclusions), each stating that all conditions precedent provided in this Indenture relating to the satisfaction and discharge of this Indenture, the Security Guarantees and the Securities have been
complied with. 

  
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 Notwithstanding the satisfaction and discharge of this Indenture, the obligations of the Issuer
to the Trustee under Section 7.02 and Section 7.07 and, if money shall have been deposited with the Trustee pursuant to clause (a)(ii) of this Section, the obligations of the Trustee and the Paying Agent under Section 8.04 and
Section 2.04 shall survive. 
 SECTION 8.04 Deposited Money and Government Notes to Be Held in Trust; Miscellaneous Provisions. Subject
to Section 8.05, all money and Government Notes (including the proceeds thereof) deposited with the Trustee pursuant to Section 8.02 or 8.03 in respect of the outstanding Securities shall be held in trust and applied by the Trustee, in
accordance with the provisions of such Securities and this Indenture, to the payment, either directly or through any Paying Agent (including the Issuer acting as Paying Agent) as the Trustee may determine, to the Holders of such Securities of all
sums due and to become due thereon in respect of principal, premium, if any, and interest, including Additional Interest, if any, but such money need not be segregated from other funds except to the extent required by law. 

Anything in this Article 8 to the contrary notwithstanding, the Trustee shall deliver or pay to the Issuer from time to time upon the request
of the Issuer any money or Government Notes held by it as provided in Section 8.02 or 8.03 which, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the
Trustee (which may be the opinion delivered under Section 8.02(a)), are in excess of the amount thereof that would then be required to be deposited to effect an equivalent Legal Defeasance or Covenant Defeasance. 

SECTION 8.05 Repayment to Issuer. Any money deposited with the Trustee or any Paying Agent, or then held by the Issuer, in trust for the
payment of the principal of, premium or interest, including Additional Interest, if any, on any Security and remaining unclaimed for two years after such principal, premium or interest, including Additional Interest, if any, has become due and
payable shall be paid to the Issuer on its request or (if then held by the Issuer) shall be discharged from such trust; and the Holder of such Security shall thereafter, as an unsecured general creditor, look only to the Issuer for payment thereof,
and all liability of the Trustee or such Paying Agent with respect to such trust money, and all liability of the Issuer as trustee thereof, shall thereupon cease; provided, however, that the Trustee or such Paying Agent, before being
required to make any such repayment, may at the expense of the Issuer, cause to be published once, in the New York Times (national edition) and the Wall Street Journal (national edition), notice that such money remains unclaimed and that, after a
date specified therein, which shall not be less than 30 days from the date of such notification or publication, any unclaimed balance of such money then remaining shall be repaid to the Issuer. 

SECTION 8.06 Reinstatement. If the Trustee or Paying Agent is unable to apply any United States dollars or Government Notes in accordance with
this Article 8 by reason of any order or judgment of any court or governmental authority enjoining, restraining or otherwise prohibiting such application, then the Issuer’s obligations under this Indenture and the Securities shall be revived
and reinstated as though no deposit had occurred pursuant to this Article 8 until such time as the Trustee or Paying Agent is permitted to apply all such money in accordance 

  
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with this Article 8; provided, however, that, if the Issuer or any Guarantor makes any payment of principal of, premium or interest, including Additional Interest, if any, on any
Security following the reinstatement of its obligations, the Issuer or any Guarantor, as the case may be, shall be subrogated to the rights of the Holders of such Securities to receive such payment from the money held by the Trustee or Paying Agent.

 ARTICLE 9 

AMENDMENTS 
 SECTION
9.01 Without Consent of Holders. The Issuer, the Guarantors and the Trustee may amend or supplement this Indenture, the Securities or the Security Guarantees without notice to or consent of any Securityholder: 

(a) to cure any ambiguity, mistake, defect or inconsistency; 

(b) to provide for uncertificated Securities in addition to or in place of certificated Securities; 

(c) to provide for the assumption of the Issuer’s or any Guarantor’s obligations to Holders in the case of a merger,
consolidation or sale of assets; 
 (d) to release any Security Guarantee in accordance with Section 11.02(b); 

(e) to provide for additional Guarantors; 

(f) to make any change that would provide any additional rights or benefits to the Holders or that, as determined by the Board
of Directors of the Issuer in good faith, does not adversely affect the legal rights of any such Holder under this Indenture; or 

(g) to comply with requirements of the Commission in order to effect or maintain the qualification of this Indenture under the
TIA after a TIA Event has occurred. 
 After an amendment under this Section becomes effective, the Issuer shall send to Securityholders a
notice briefly describing such amendment. The failure to give such notice to all Securityholders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

SECTION 9.02 With Consent of Holders. The Issuer, the Guarantors and the Trustee may amend or supplement this Indenture, the Securities or the
Security Guarantees without notice to any Securityholder but with the written consent of the Holders of at least a majority in principal amount of the Securities then outstanding (including consents obtained in connection with a purchase of, or
tender offer or exchange offer for, Securities), and any existing default or compliance with any provisions of this Indenture, the Securities and the Security Guarantees may be waived with the consent of the Holders of a majority in principal amount
of the then outstanding Securities (including consents obtained in connection with a purchase of or tender offer or exchange offer for Securities). Notwithstanding the foregoing, (I) without the consent of each Securityholder affected, an
amendment or waiver shall not (with respect to any Securities held by a non-consenting Holder): 
 (a) reduce the principal
amount of the Securities whose Holders must consent to an amendment, supplement or waiver; 

  
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 (b) reduce the principal amount or change the fixed maturity of any Security,
reduce any premium payable upon, or change the dates (to earlier dates) of, redemption of any Security (other than provisions applicable to Section 4.06 or 4.08); 

(c) reduce the rate of or change the time for payment of interest on any Security; 

(d) waive a Default in the payment of principal of or premium, if any, or interest, including Additional Interest, if any, on
the Securities (except a rescission of acceleration of the Securities by the Holders of at least a majority in aggregate principal amount of the Securities then outstanding and a waiver of the payment default that resulted from such acceleration);

 (e) make any Security payable in money other than that stated in the Securities; 

(f) impair the rights of the Holders to receive payments of principal of or premium, if any, or interest, including Additional
Interest, if any, on the Securities on or after the due dates therefor or to institute suit for the enforcement of any payment on or with respect to the Securities; 

(g) after the time a Change of Control Offer or Asset Sale Offer is required to have been made, reduce the purchase amount or
price or extend the latest expiration date or purchase date thereunder; 
 (h) make any change in Section 9.01 or this
Section 9.02; or 
 (i) except as permitted by Section 11.02(b), release any Security Guarantee; 

and (II) no provision of this Indenture that applies only while the Initial Purchaser Parties hold 40% or more of the then outstanding
principal amount of the Securities shall be amended or waived without the consent of the Initial Purchaser Parties who then are the Holders of the Securities. 

It shall not be necessary for the consent of the Holders under this Section 9.02 to approve the particular form of any proposed amendment
or waiver, but it shall be sufficient if such consent approves the substance thereof. 
 An amendment or waiver under this Section may not
make any change that adversely affects the rights under Article 10 or Article 12 of any holder of Senior Debt then outstanding unless the holders of such Senior Debt (or any group or representative thereof authorized to give a consent) consent to
such change. 
 After an amendment under this Section becomes effective, the Issuer shall send to Securityholders a notice briefly
describing such amendment. The failure to give such notice to all Securityholders, or any defect therein, shall not impair or affect the validity of an amendment under this Section. 

  
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 SECTION 9.03 Compliance with Trust Indenture Act. Every amendment to this Indenture or the
Securities effected after the occurrence of a TIA Event shall comply with the TIA as then in effect. 
 SECTION 9.04 Revocation and Effect
of Consents and Waivers. A consent to an amendment or a waiver by a Holder of a Security shall bind the Holder and every subsequent Holder of that Security or portion of the Security that evidences the same debt as the consenting Holder’s
Security, even if notation of the consent or waiver is not made on the Security. However, any such Holder or subsequent Holder may revoke the consent or waiver as to such Holder’s Security or portion of the Security if the Trustee receives
written notice of revocation before the date the requisite number of consents are received by the Issuer or the Trustee. After an amendment or waiver becomes effective, it shall bind every Securityholder. An amendment or waiver becomes effective
once the requisite number of consents are received by the Issuer or the Trustee and any other conditions to effectiveness of such consent specified in the amendment or waiver are satisfied. 

The Issuer may, but shall not be obligated to, fix a record date for the purpose of determining the Securityholders entitled to give their
consent or take any other action described above or required or permitted to be taken pursuant to this Indenture. If a record date is fixed, then notwithstanding the immediately preceding paragraph, those Persons who were Securityholders at such
record date (or their duly designated proxies), and only those Persons, shall be entitled to give such consent or to revoke any consent previously given or to take any such action, whether or not such Persons continue to be Holders after such record
date. 
 SECTION 9.05 Notation on or Exchange of Securities. If an amendment changes the terms of a Security, the Trustee may require the
Holder of the Security to deliver it to the Trustee. The Trustee may place an appropriate notation on the Security regarding the changed terms and return it to the Holder. Alternatively, if the Issuer or the Trustee so determines, the Issuer in
exchange for the Security shall issue and the Trustee shall authenticate a new Security that reflects the changed terms. Failure to make the appropriate notation or to issue a new Security shall not affect the validity of such amendment. 

SECTION 9.06 Trustee to Sign Amendments. The Trustee shall sign any amendment authorized pursuant to this Article 9 if the amendment does not
adversely affect the rights, duties, liabilities or immunities of the Trustee. If it does, the Trustee may but need not sign it. In signing such amendment the Trustee shall be entitled to receive indemnity satisfactory to it and shall receive, and
(subject to Section 7.01) shall be fully protected in relying upon, an Officers’ Certificate and an Opinion of Counsel stating that such amendment is authorized or permitted by this Indenture that such amendment is the legal, valid and
binding obligation of the Issuer and the Guarantors enforceable against them in accordance with its terms, subject to customary exceptions, and complies with the provisions hereof (including Section 9.03). 

  
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 ARTICLE 10 

SUBORDINATION OF THE SECURITIES 

SECTION 10.01 Agreement to Subordinate. The Issuer agrees, and each Securityholder by accepting a Security agrees, that the Debt evidenced by
the Securities is subordinated in right of payment, to the extent and in the manner provided in this Article 10, to the prior payment in full in cash or Cash Equivalents of all existing and future Senior Debt of the Issuer and that the subordination
is for the benefit of and enforceable by the holders of Senior Debt of the Issuer. The Securities shall in all respects rank pari passu with all other Pari Passu Debt of the Issuer and only Debt of the Issuer that is Senior Debt shall
rank senior to the Securities in accordance with the provisions set forth herein. All provisions of this Article 10 shall be subject to Section 10.12. 

SECTION 10.02 Liquidation, Dissolution, Bankruptcy. Upon any payment or distribution to creditors of the Issuer in a liquidation or
dissolution of the Issuer or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to the Issuer or its property, an assignment for the benefit of creditors or any marshaling of the Issuer’s assets and
liabilities for the benefit of creditors, the holders of Senior Debt shall be entitled to receive payment in full, in cash or Cash Equivalents, of all Obligations due in respect of such Senior Debt (including interest after the commencement of any
such proceeding at the rate specified in the applicable Senior Debt, whether or not allowed or allowable in such proceeding) before the Holders of Securities shall be entitled to receive any payment with respect to the Securities, and until all
Obligations with respect to Senior Debt are paid in full, in cash or Cash Equivalents, any payment or distribution to which the holders of Securities would be entitled shall be made to the holders of Senior Debt, except that holders of Securities
may receive and retain: 
 (a) Permitted Junior Securities; and 

(b) payments made from the trust described under Article 8 so long as, on the date or dates the respective amounts were paid
into the trust, such payments were made with respect to the Securities without violating the provisions of this Article 10). 
 SECTION
10.03 Default on Senior Debt. 
 (a) The Issuer shall not make any payment or distribution upon or in respect of the
Securities (except from the trust described under Article 8) if: 
 (1) a default in the payment of any Obligations with
respect to Designated Senior Debt of the Issuer occurs and is continuing beyond any applicable grace period (a “payment default”) or any other default on Designated Senior Debt of the Issuer occurs and the maturity of such
Designated Senior Debt is accelerated and not paid in full, in cash or Cash Equivalents, in accordance with its terms; or 

(2) a default, other than a payment default, occurs and is continuing with respect to Designated Senior Debt of the Issuer that
permits holders of the Designated Senior Debt as to which such default relates to accelerate its maturity (a “non-payment default”) and, in the case of this clause (2) only, the Trustee receives a notice of such default (a
“Payment Blockage Notice”) from the Issuer, a Representative for, or the holders of a majority of the outstanding principal amount of, any issue of Designated Senior Debt. 

  
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 (b) Payments on the Securities may and shall be resumed: 

(1) in the case of a payment default, upon the date on which such default is cured or waived and, in the case of any such
Designated Senior Debt that has been accelerated, such acceleration has been rescinded; and 
 (2) in case of a non-payment
default, the earliest of (I) the date on which such non-payment default is cured or waived, (II) 179 days after the date on which the applicable Payment Blockage Notice is received, and (III) the date on which the Trustee receives notice from
the Representative for such Designated Senior Debt of the Issuer rescinding the Payment Blockage Notice (such period beginning upon the delivery of a Payment Blockage Notice and ending on the earlier of clauses (I) to (III), the
“Payment Blockage Period”), unless the maturity of any such Designated Senior Debt has been accelerated. 

(c) No new Payment Blockage Notice may be delivered unless and until: 

(1) 360 days have elapsed since the delivery of the immediately prior Payment Blockage Notice; and 

(2) all scheduled payments of principal, interest and premium, if any, on the Securities that have come due have been paid in
full in cash. 
 (d) No nonpayment default that existed or was continuing on the date of delivery of any Payment Blockage
Notice to the Trustee shall be, or be made, the basis for a subsequent Payment Blockage Notice. 
 (e) In any event,
notwithstanding the foregoing, (x) no more than one Payment Blockage Period may be commenced during any 360-day period and there shall be a period of at least 181 days during each 360-day period when no Payment Blockage Period is in effect and
(y) so long as there shall remain outstanding Designated Senior Debt under the Senior Credit Facility, a Payment Blockage Notice may only be given by the Representatives thereunder. 

SECTION 10.04 Acceleration of Payment of Securities. If payment of the Securities is accelerated because of an Event of Default, the Issuer
shall promptly notify the Representative of the lenders under the Senior Credit Facility of the acceleration. 
 SECTION 10.05 When
Distribution Must Be Paid Over. 
 (a) If the Trustee, any Paying Agent or any Holder receives a payment in respect of the
Securities (except in Permitted Junior Securities or from the trust described under Article 8) when: 
 (1) the payment is
prohibited by this Article 10; and 
 (2) the Trustee, Paying Agent or the Holder has actual knowledge that the payment is
prohibited; 

  
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 the Trustee, Paying Agent or the Holder, as the case may be, shall hold the payment in trust for the benefit of
the holders of Senior Debt of the Issuer. Upon the written request of the holders of such Senior Debt, the Trustee, Paying Agent or Holder, as the case may be, shall deliver the amounts in trust to the holders of such Senior Debt or their
Representative. 
 (b) Notwithstanding the foregoing, the Trustee or any Paying Agent may continue to make payments on the
Securities and shall not be charged with knowledge of the existence of facts that would prohibit the making of any such payments unless, not less than three Business Days prior to the date of such payment, a Trust Officer of the Trustee or Paying
Agent receives written notice satisfactory to it that payments may not be made under this Article 10. The Issuer, the Registrar or co-registrar, any Paying Agent, a Representative or a holder of Senior Debt of the Issuer may give the notice;
provided, however, that, if an issue of Senior Debt of the Issuer has a Representative, only the Representative may give the notice. The Trustee or Paying Agent shall be entitled to rely on the delivery to it of a written notice by a
Person representing himself or itself to be a holder of any Senior Debt of the Issuer (or a Representative of such holder) to establish that such notice has been given by a holder of such Senior Debt of the Issuer or a Representative thereof. 

SECTION 10.06 Subrogation. If and when all Senior Debt of the Issuer is paid in full and until the Securities are paid in full,
Securityholders shall be subrogated to the rights of holders of Senior Debt of the Issuer to receive distributions applicable to Senior Debt of the Issuer. A distribution made under this Article 10 to holders of Senior Debt of the Issuer which
otherwise would have been made to Securityholders is not, as between the Issuer and Securityholders, a payment by the Issuer on Senior Debt of the Issuer. 

SECTION 10.07 Relative Rights. This Article 10 defines the relative rights of Securityholders and holders of Senior Debt of the Issuer.
Nothing in this Indenture shall: 
 (a) impair, as between the Issuer and Security holders, the obligation of the Issuer,
which is absolute and unconditional, to pay principal of and interest on the Securities in accordance with their terms; 

(b) prevent the Trustee or any Securityholder from exercising its available remedies upon a Default, subject to the rights of
holders of Senior Debt of the Issuer to receive distributions otherwise payable to Securityholders; or 
 (c) affect the
relative rights of Securityholders and creditors of the Issuer other than their rights in relation to the holders of Senior Debt. 
 SECTION
10.08 Subordination May Not Be Impaired by Issuer. No right of any holder of Senior Debt of the Issuer to enforce the subordination of the Debt evidenced by the Securities shall be impaired by any act or failure to act by the Issuer or by its
failure to comply with this Indenture. 

  
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 SECTION 10.09 Rights of Trustee and Paying Agent. The Trustee (or any Authenticating Agent
hereunder) in its individual or any other capacity may hold Senior Debt of the Issuer with the same rights it would have if it were not Trustee (or Authenticating Agent hereunder). The Registrar and any co-registrar and any Paying Agent may do the
same with like rights. The Trustee (and any Authenticating Agent hereunder), the Registrar, any co-registrar and any Paying Agent shall be entitled to all the rights set forth in this Article 10 with respect to any Senior Debt of the Issuer which
may at any time be held by them, to the same extent as any other holder of Senior Debt of the Issuer; and nothing in Article 7 shall deprive the Trustee (or any Authenticating Agent hereunder) or any such other Person of any of its rights as such
holder. Nothing in this Article 10 shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.07. 
 SECTION
10.10 Distribution or Notice to Representative. Whenever a distribution is to be made or a notice given to holders of Senior Debt of the Issuer, the distribution may be made and the notice given to their Representative (if any). 

SECTION 10.11 Article 10 Not to Prevent Events of Default or Limit Right to Accelerate. The failure to make a payment pursuant to the
Securities by reason of any provision in this Article 10 shall not be construed as preventing the occurrence of a Default. Nothing in this Article 10 shall have any effect on the right of the Securityholders or the Trustee to accelerate the maturity
of the Securities. 
 SECTION 10.12 Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from
money or the proceeds of Government Notes held in trust under Article 8 by the Trustee for the payment of principal of and interest on the Securities shall not be subordinated to the prior payment of any Senior Debt of the Issuer or subject to the
restrictions set forth in this Article 10, and none of the Securityholders shall be obligated to pay over any such amount to the Issuer or any holder of Senior Debt of the Issuer or any other creditor of the Issuer. 

SECTION 10.13 Trustee Entitled to Rely. Upon any payment or distribution pursuant to this Article 10, the Trustee, any Paying Agent and the
Securityholders shall be entitled to rely (i) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 10.02 are pending, (ii) upon a certificate of the liquidating
trustee or agent or other Person making such payment or distribution to the Trustee or to the Securityholders or (iii) upon the Representative for the holders of Senior Debt of the Issuer for the purpose of ascertaining the Persons entitled to
participate in such payment or distribution, the holders of the Senior Debt of the Issuer and other Debt of the Issuer, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent thereto or
to this Article 10. In the event that the Trustee or Paying Agent determines, in good faith, that evidence is required with respect to the right of any Person as a holder of Senior Debt of the Issuer to participate in any payment or distribution
pursuant to this Article 10, the Trustee or Paying Agent may request such Person to furnish evidence to the reasonable satisfaction of the Trustee or Paying Agent as to the amount of Senior Debt of the Issuer held by such Person, the extent to which
such Person is entitled to participate in such payment or distribution and other facts pertinent to the rights of such Person under this Article 10, and, if such evidence is not furnished, the Trustee or Paying Agent may defer any payment to such
Person pending 

  
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judicial determination as to the right of such Person to receive such payment. Sections 7.01 and 7.02 shall be applicable to all actions or omissions of actions by the Trustee or Paying Agent
pursuant to this Article 10. 
 SECTION 10.14 Trustee to Effectuate Subordination. Each Securityholder by accepting a Security authorizes
and directs the Trustee on his behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Securityholders and the holders of Senior Debt of the Issuer as provided in this Article 10 and
appoints the Trustee as attorney-in-fact for any and all such purposes. 
 SECTION 10.15 Trustee Not Fiduciary for Holders of Senior Debt.
With respect to the holders of Senior Debt of the Issuer, the Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in this Article 10. The Trustee or Paying Agent shall not be deemed to
owe any fiduciary or other duty to the holders of Senior Debt of the Issuer and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the Issuer or any other Person, money or assets to which any
holders of Senior Debt of the Issuer shall be entitled by virtue of this Article 10 or otherwise. 
 SECTION 10.16 Reliance by Holders of
Senior Debt on Subordination Provisions. Each Securityholder by accepting a Security acknowledges and agrees that the foregoing subordination provisions are, and are intended to be, an inducement and a consideration to each holder of any Senior Debt
of the Issuer, whether such Senior Debt was created or acquired before or after the issuance of the Securities, to acquire and continue to hold, or to continue to hold, such Senior Debt and such holder of Senior Debt shall be deemed conclusively to
have relied on such subordination provisions in acquiring and continuing to hold, or in continuing to hold, such Senior Debt. 
 SECTION
10.17 Trustee’s Compensation Not Prejudiced. Nothing in this Article shall apply to amounts due to the Trustee pursuant to other sections of this Indenture. 

ARTICLE 11 
 SECURITY
GUARANTEES 
 SECTION 11.01 Security Guarantees. 

(a) Each Guarantor hereby jointly and severally unconditionally and irrevocably guarantees, as a primary obligor and not merely
as a surety, to each Holder and to the Trustee and its successors and assigns (i) the full and punctual payment of principal of, premium, if any, and interest on the Securities when due, whether at maturity, by acceleration, by redemption or
otherwise, subject to any applicable grace period, and all other monetary obligations of the Issuer under this Indenture (including obligations to the Trustee) and the Securities and (ii) the full and punctual performance within applicable
grace periods of all other obligations of the Issuer, whether for expenses, indemnification or otherwise under this Indenture and the Securities (all of the foregoing being hereinafter collectively called the “Guaranteed
Obligations”). Each Guarantor further agrees that the Guaranteed Obligations may be extended or renewed, in whole or in part, without notice or further assent from each such Guarantor, and that each such Guarantor shall remain bound under
this Article 11 notwithstanding any extension or renewal of any Guaranteed Obligation. 

  
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 (b) Each Guarantor waives presentation to, demand of, payment from and protest to
the Issuer of any of the Guaranteed Obligations and also waives notice of protest for nonpayment. Each Guarantor waives notice of any default under the Securities or the Guaranteed Obligations. The obligations of each Guarantor hereunder shall not
be affected by (i) the failure of any Holder or the Trustee to assert any claim or demand or to enforce any right or remedy against the Issuer or any other Person under this Indenture, the Securities or any other agreement or otherwise;
(ii) any extension or renewal of any Guaranteed Obligations; (iii) any rescission, waiver, amendment or modification of any of the terms or provisions of this Indenture, the Securities or any other agreement; (iv) the release of any
security held by any Holder or the Trustee for the Guaranteed Obligations or any of them; (v) the failure of any Holder or Trustee to exercise any right or remedy against any other guarantor of the Guaranteed Obligations; or (vi) any
change in the ownership of such Guarantor, except as provided in Section 11.02(b). 
 (c) Each Guarantor further agrees that
its Security Guarantee herein constitutes a Guarantee of payment, performance and compliance when due (and not a guarantee of collection) and waives any right to require that any resort be had by any Holder or the Trustee to any security held for
payment of the Guaranteed Obligations. Each Guarantor irrevocably waives acceptance hereof, presentment, demand, protest and any notice not provided for herein, as well as any requirement that at any time any action be taken by any Person against
the Issuer or any other Person. The obligations of each Guarantor hereunder shall not be subject to any reduction, limitation, impairment or termination for any reason, including any claim of waiver, release, surrender, alteration or compromise, and
shall not be subject to any defense of setoff, counterclaim, recoupment or termination whatsoever or by reason of the invalidity, illegality or unenforceability of the Guaranteed Obligations or otherwise. Without limiting the generality of the
foregoing, the obligations of each Guarantor herein shall not be discharged or impaired or otherwise affected by the failure of any Holder or the Trustee to assert any claim or demand or to enforce any remedy under this Indenture, the Securities or
any other agreement, by any waiver or modification of any thereof, by any default, failure or delay, willful or otherwise, in the performance of the Guaranteed Obligations, or by any other act or thing or omission or delay to do any other act or
thing which may or might in any manner or to any extent vary the risk of any Guarantor or would otherwise operate as a discharge of any Guarantor as a matter of law or equity. 

(d) Each Guarantor further agrees that its Security Guarantee herein shall continue to be effective or be reinstated, as the
case may be, if at any time payment, or any part thereof, of principal of or interest on any Guaranteed Obligation is rescinded or must otherwise be restored by any Holder or the Trustee upon the bankruptcy or reorganization of the Issuer or
otherwise. 
 (e) In furtherance of the foregoing and not in limitation of any other right which any Holder or the Trustee
has at law or in equity against any Guarantor by virtue 

  
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hereof, upon the failure of the Issuer to pay the principal of or premium, if any, or interest on any Guaranteed Obligation when and as the same shall become due, whether at maturity, by
acceleration, by redemption or otherwise, or to perform or comply with any other Guaranteed Obligation, each Guarantor hereby promises to and shall, upon receipt of written demand by the Trustee, forthwith pay, or cause to be paid, in cash, to the
Holders or the Trustee an amount equal to the sum of (i) the unpaid principal amount of such Guaranteed Obligations, (ii) accrued and unpaid interest or premium, if any, on such Guaranteed Obligations (but only to the extent not prohibited
by law) and (iii) all other monetary Guaranteed Obligations of the Issuer to the Holders and the Trustee. 
 (f) Each
Guarantor agrees that it shall not be entitled to any right of subrogation in relation to the Holders in respect of any Guaranteed Obligations guaranteed hereby until payment in full of all Guaranteed Obligations. Each Guarantor further agrees that,
as between it, on the one hand, and the Holders and the Trustee, on the other hand, (x) the maturity of the Guaranteed Obligations guaranteed hereby may be accelerated as provided in Article 6 for the purposes of any Security Guarantee herein,
notwithstanding any stay, injunction or other prohibition preventing such acceleration in respect of the Guaranteed Obligations guaranteed hereby, and (y) in the event of any declaration of acceleration of such Guaranteed Obligations as
provided in Article 6, such Guaranteed Obligations (whether or not due and payable) shall forthwith become due and payable by such Guarantor for the purposes of this Section. 

(g) Each Guarantor also agrees to pay any and all costs and expenses (including reasonable attorneys’ fees and expenses)
incurred by the Trustee or any Holder in enforcing any rights under this Section. 
 SECTION 11.02 Limitation on Liability; Release. 

(a) Any term or provision of this Indenture to the contrary notwithstanding, the maximum, aggregate amount of the obligations
guaranteed hereunder by any Guarantor shall not exceed the maximum amount that can be guaranteed (after giving effect to all its Guarantees of Debt under the Senior Credit Facility) without rendering this Indenture, as it relates to such Guarantor,
voidable under applicable law relating to fraudulent conveyance or fraudulent transfer or similar laws affecting the rights of creditors generally. 

(b) In the event of: 

(1) a sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or
otherwise, or 
 (2) the sale or other disposition of Capital Stock of any Guarantor if as a result of such disposition, such
Person ceases to be a Subsidiary of the Issuer, 
 then the Person acquiring such assets (in the case of clause (i) and notwithstanding
Section 5.02) or such Guarantor (in the case of clause (ii)) shall be automatically and irrevocably released and relieved of any obligations under its Security Guarantee and this Indenture; provided that such sale or other disposition is
in compliance with this Indenture, including Section 4.06 (it being understood that only such portion of the Net Proceeds as is or is required to be applied on or before the date of such release in accordance with Section 4.06 needs to be
so applied). 

  
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 (c) If the Security Guarantee of any Guarantor terminates pursuant to the
foregoing provisions or pursuant to Section 4.11(b) such Person shall cease to be a Guarantor or otherwise a party to this Indenture and, upon request by the Issuer, the Trustee shall execute appropriate instruments acknowledging such
termination and the release of such Person from its obligations under its Security Guarantee and hereunder. It is expressly acknowledged that the application of the Net Proceeds of any such sale or other disposition referred to in subsection
(b) in accordance with Section 4.06 following the date of such release shall not be a condition precedent to such release and any failure to make such application as required by such Section 4.06 shall not cause the revocation of any
such release (it being understood that such failure shall constitute a Default or Event of Default, as applicable). 
 SECTION 11.03
Successors and Assigns. This Article 11 shall be binding upon each Guarantor and its successors and assigns and shall inure to the benefit of the successors and assigns of the Trustee and the Holders and, in the event of any transfer or assignment
of rights by any Holder or the Trustee, the rights and privileges conferred upon that party in this Indenture and in the Securities shall automatically extend to and be vested in such transferee or assignee, all subject to the terms and conditions
of this Indenture. 
 SECTION 11.04 No Waiver. Neither a failure nor a delay on the part of either the Trustee or the Holders in exercising
any right, power or privilege under this Article 11 shall operate as a waiver thereof, nor shall a single or partial exercise thereof preclude any other or further exercise of any right, power or privilege. The rights, remedies and benefits of the
Trustee and the Holders herein expressly specified are cumulative and not exclusive of any other rights, remedies or benefits which either may have under this Article 11 at law, in equity, by statute or otherwise. 

SECTION 11.05 Modification. No modification, amendment or waiver of any provision of this Article 11, nor the consent to any departure by any
Guarantor therefrom, shall in any event be effective unless the same shall be in writing and signed by the Trustee, and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. No notice to or
demand on any Guarantor in any case shall entitle such Guarantor to any other or further notice or demand in the same, similar or other circumstances. 

SECTION 11.06 Execution and Delivery of the Security Guarantee. The execution by each Guarantor of the Indenture (or a supplemental indenture
in the form of Exhibit I) evidences the Security Guarantee of such Guarantor, whether or not the person signing as an officer of the Guarantor still holds that office at the time of authentication of any Security. The delivery of any Security after
authentication by the Trustee constitutes due delivery of the Security Guarantee set forth in the Indenture on behalf of each Guarantor. 

  
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 ARTICLE 12 

SUBORDINATION OF THE SECURITY GUARANTEES 

SECTION 12.01 Agreement to Subordinate. Each Guarantor agrees, and each Securityholder by accepting a Security agrees, that such
Guarantor’s obligations under its Security Guarantee are subordinated in right of payment, to the extent and in the manner provided in this Article 12, to the prior payment in full in cash or Cash Equivalents of all existing and future Senior
Debt of such Guarantor and that the subordination is for the benefit of and enforceable by the holders of Senior Debt of such Guarantor. The obligations of a Guarantor under this Article 12 shall in all respects rank pari passu with
all other Pari Passu Debt of such Guarantor, and only Debt of such Guarantor that is Senior Debt shall rank senior to the obligations of such Guarantor in this Article 12 in accordance with the provisions set forth herein. 

SECTION 12.02 Liquidation, Dissolution, Bankruptcy. Upon any payment or distribution to creditors of any Guarantor in a liquidation or
dissolution of the Issuer or in a bankruptcy, reorganization, insolvency, receivership or similar proceeding relating to any Guarantor or its property, an assignment for the benefit of creditors or any marshaling of any Guarantor’s assets and
liabilities for the benefit of creditors, the holders of Senior Debt shall be entitled to receive payment in full, in cash or Cash Equivalents, of all Obligations due in respect of such Senior Debt (including interest after the commencement of any
such proceeding at the rate specified in the applicable Senior Debt, whether or not allowed or allowable in such proceeding) before the Holders of Securities shall be entitled to receive any payment with respect to the Securities, and until all
Obligations with respect to Senior Debt are paid in full, in cash or Cash Equivalents, any payment or distribution to which the Holders of Securities would be entitled shall be made to the holders of Senior Debt, except that Holders of may receive
and retain: 
 (a) Permitted Junior Securities; and 

(b) payments made from the trust described under Article 8 so long as, on the date or dates the respective amounts were paid
into the trust, such payments were made with respect to the Securities without violating the provisions of this Article 12). 
 SECTION
12.03 Default on Senior Debt of a Guarantor. 
 (a) A Guarantor may not make any payment or distribution upon or in respect
of its Security Guarantee (except from the trust described under Article 8) if: 
 (1) a payment default occurs and is
continuing beyond any applicable grace period with respect to Designated Senior Debt of such Guarantor or any other default on any such Designated Senior Debt occurs and the maturity of such Designated Senior Debt is accelerated and not paid in
full, in cash or Cash Equivalents, in accordance with its terms; or 
 (2) a non-payment default occurs and is continuing
with respect to Designated Senior Debt that permits holders of the Designated Senior Debt as to which such default relates to accelerate its maturity and, in the case of this clause 

  
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(2) only, the Trustee receives a Payment Blockage Notice in respect of such default from such Guarantor, a Representative for, or the holders of a majority of the outstanding principal amount of,
any issue of Designated Senior Debt. 
 (b) Payments on such Security Guarantee may and shall be resumed: 

(1) in the case of a payment default, upon the date on which such default is cured or waived and, in the case of any such
Designated Senior Debt that has been accelerated, such acceleration has been rescinded; and 
 (2) in case of a non-payment
default, the earlier of the date on which such non-payment default is cured or waived or 179 days after the date on which the applicable Payment Blockage Notice is received, unless the maturity of any such Designated Senior Debt has been
accelerated. 
 (c) No new Payment Blockage Notice may be delivered unless and until: 

(1) 360 days have elapsed since the delivery of the immediately prior Payment Blockage Notice; and 

(2) all scheduled payments of principal, interest and premium, if any, on the Securities that have come due have been paid in
full in cash. 
 (d) No nonpayment default that existed or was continuing on the date of delivery of any Payment Blockage
Notice to the Trustee shall be, or be made, the basis for a subsequent Payment Blockage Notice. 
 (e) In any event,
notwithstanding the foregoing, (x) no more than one Payment Blockage Period may be commenced during any 360-day period and there shall be a period of at least 181 days during each 360-day period when no Payment Blockage Period is in effect and
(y) so long as there shall remain outstanding Designated Senior Debt under the Senior Credit Facility, a Payment Blockage Notice may only be given by the Representatives thereunder. 

SECTION 12.04 Demand for Payment. If payment of the Securities is accelerated because of an Event of Default and a demand for payment is made
on a Guarantor pursuant to Article 11, the Trustee shall promptly notify the Issuer, and the Issuer shall promptly (and in no event more than five Business Days after receipt of such notice) notify the Representative of the lenders under the Senior
Credit Facility of the acceleration. 
 SECTION 12.05 When Distribution Must Be Paid Over. 

(a) If the Trustee, any Paying Agent or any Holder receives a payment in respect of the Security Guarantee of any Guarantor
(except in Permitted Junior Securities or from the trust described under Article 8) when: 
 (1) the payment is prohibited by
this Article 12; and 
 (2) the Trustee, Paying Agent or the Holder has actual knowledge that the payment is prohibited; 

  
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 the Trustee, Paying Agent or Holder, as the case may be, shall hold the payment in trust for the benefit of the
holders of Senior Debt of such Guarantor. Upon the written request of the holders of such Senior Debt, the Trustee, Paying Agent or Holder, as the case may be, shall deliver the amounts in trust to the holders of such Senior Debt or their
Representative. 
 (b) Notwithstanding the foregoing, the Trustee or Paying Agent may continue to make payments on such
Securities Guarantee and shall not be charged with knowledge of the existence of facts that would prohibit the making of any such payments unless, not less than three Business Days prior to the date of such payment, a Trust Officer of the Trustee or
Paying Agent receives written notice satisfactory to it that payments may not be made under this Article 12. The Issuer, the Registrar or co-registrar, the Paying Agent, a Representative or a holder of Senior Debt of such Guarantor may give the
notice; provided, however, that, if an issue of Senior Debt of such Guarantor has a Representative, only the Representative may give the notice. The Trustee or Paying Agent shall be entitled to rely on the delivery to it of a written
notice by a Person representing himself or itself to be a holder of any Senior Debt of any Guarantor (or a Representative of such holder) to establish that such notice has been given by a holder of such Senior Debt of such Guarantor or a
Representative thereof. 
 SECTION 12.06 Subrogation. If and when all Senior Debt of a Guarantor is paid in full and until the Securities
are paid in full, Securityholders shall be subrogated to the rights of holders of Senior Debt of such Guarantor to receive distributions applicable to Senior Debt of such Guarantor. A distribution made under this Article 12 to holders of Senior Debt
of such Guarantor which otherwise would have been made to Securityholders is not, as between such Guarantor and Securityholders, a payment by such Guarantor on Senior Debt of such Guarantor. 

SECTION 12.07 Relative Rights. This Article 12 defines the relative rights of Securityholders and holders of Senior Debt of a Guarantor.
Nothing in this Indenture shall: 
 (a) impair, as between a Guarantor and Securityholders, the obligation of a Guarantor
which is absolute and unconditional, to pay its Obligations under its Security Guarantee to the extent set forth in Article 11; 

(b) prevent the Trustee or any Securityholder from exercising its available remedies upon a default by a Guarantor under its
Obligations under its Security Guarantee, subject to the rights of holders of Senior Debt of such Guarantor to receive distributions otherwise payable to Securityholders; or 

(c) affect the relative rights of Securityholders and creditors of such Guarantor other than their rights in relation to the
holders of Senior Debt. 
 SECTION 12.08 Subordination May Not Be Impaired by a Guarantor. No right of any holder of Senior Debt of a
Guarantor to enforce the subordination of the Obligations under the Security Guarantee of such Guarantor shall be impaired by any act or failure to act by such Guarantor or by its failure to comply with this Indenture. 

  
 111 

 SECTION 12.09 Rights of Trustee and Paying Agent. The Trustee (or any Authenticating Agent
hereunder) in its individual or any other capacity may hold Senior Debt of any Guarantor with the same rights it would have if it were not Trustee (or Authenticating Agent hereunder). The Registrar and any co-registrar and any Paying Agent may do
the same with like rights. The Trustee (and any Authenticating Agent hereunder), the Registrar, any co-registrar and any Paying Agent shall be entitled to all the rights set forth in this Article 12 with respect to any Senior Debt of any Guarantor
which may at any time be held by them, to the same extent as any other holder of Senior Debt of such Guarantor; and nothing in Article 7 shall deprive the Trustee (or any Authenticating Agent hereunder) or any such other Person of any of its rights
as such holder. Nothing in this Article 12 shall apply to claims of, or payments to, the Trustee under or pursuant to Section 7.07. 

SECTION 12.10 Distribution or Notice to Representative. Whenever a distribution is to be made or a notice given to holders of Senior Debt of a
Guarantor, the distribution may be made and the notice given to their Representative (if any). 
 SECTION 12.11 Article 12 Not to Prevent
Events of Default or Limit Right to Accelerate. The failure of a Guarantor to make a payment on any of its Obligations under its Security Guarantee by reason of any provision in this Article 12 shall not be construed as preventing the occurrence of
a default by such Guarantor under its Security Guarantee. Nothing in this Article 12 shall have any effect on the right of the Securityholders or the Trustee to make a demand for payment on a Guarantor pursuant to this Article 12. 

SECTION 12.12 Trust Moneys Not Subordinated. Notwithstanding anything contained herein to the contrary, payments from money or the proceeds of
Government Notes held in trust under Article 8 by the Trustee for the payment of principal of and interest on the Securities shall not be subordinated to the prior payment of any Senior Debt of any Guarantor or subject to the restrictions set forth
in this Article 12, and none of the Securityholders shall be obligated to pay over any such amount to the Issuer or any holder of Senior Debt of any Guarantor or any other creditor of the Issuer. 

SECTION 12.13 Trustee Entitled To Rely. Upon any payment or distribution pursuant to this Article 12, the Trustee, any Paying Agent and the
Securityholders shall be entitled to rely (i) upon any order or decree of a court of competent jurisdiction in which any proceedings of the nature referred to in Section 12.02 are pending, (ii) upon a certificate of the liquidating
trustee or agent or other Person making such payment or distribution to the Trustee or to the Securityholders or (iii) upon the Representatives for the holders of Senior Debt of a Guarantor for the purpose of ascertaining the Persons entitled
to participate in such payment or distribution, the holders of the Senior Debt of a Guarantor and other Debt of a Guarantor, the amount thereof or payable thereon, the amount or amounts paid or distributed thereon and all other facts pertinent
thereto or to this Article 12. In the event that the Trustee or Paying Agent determines, in good faith, that evidence is required with respect to the right of any Person as a holder of Senior Debt of a Guarantor to participate in any payment or
distribution pursuant to this Article 12, the Trustee or Paying Agent may request such Person to furnish evidence to the reasonable satisfaction of the Trustee or Paying Agent as to the amount of Senior Debt of such Guarantor held by such Person,
the extent to which such Person is entitled to participate in such payment or distribution and other facts pertinent to the rights of such Person under this Article 12, and, if 

  
 112 

 
such evidence is not furnished, the Trustee or Paying Agent may defer any payment to such Person pending judicial determination as to the right of such Person to receive such payment. Sections
7.01 and 7.02 shall be applicable to all actions or omissions of actions by the Trustee or Paying Agent pursuant to this Article 12. 

SECTION 12.14 Trustee to Effectuate Subordination. Each Securityholder by accepting a Security authorizes and directs the Trustee on his
behalf to take such action as may be necessary or appropriate to acknowledge or effectuate the subordination between the Securityholders and the holders of Senior Debt of each of the Guarantors as provided in this Article 12 and appoints the Trustee
as attorney-in-fact for any and all such purposes. 
 SECTION 12.15 Trustee Not Fiduciary for Holders of Senior Debt of a Guarantor. With
respect to the holders of Senior Debt of the Guarantors, the Trustee undertakes to perform or to observe only such of its covenants and obligations as are specifically set forth in this Article 12. The Trustee or Paying Agent shall not be deemed to
owe any fiduciary or other duty to the holders of Senior Debt of a Guarantor and shall not be liable to any such holders if it shall mistakenly pay over or distribute to Securityholders or the relevant Guarantor or any other Person, money or assets
to which any holders of Senior Debt of such Guarantor shall be entitled by virtue of this Article 12 or otherwise. 
 SECTION 12.16 Reliance
by Holders of Senior Debt of a Guarantor on Subordination Provisions. Each Securityholder by accepting a Security acknowledges and agrees that the foregoing subordination provisions are, and are intended to be, an inducement and a consideration to
each holder of any Senior Debt of a Guarantor, whether such Senior Debt was created or acquired before or after the issuance of the Securities, to acquire and continue to hold, or to continue to hold, such Senior Debt and such holder of Senior Debt
shall be deemed conclusively to have relied on such subordination provisions in acquiring and continuing to hold, or in continuing to hold, such Senior Debt. 

SECTION 12.17 Trustee’s Compensation Not Prejudiced. Nothing in this Article shall apply to amounts due to the Trustee pursuant to other
sections of this Indenture. 
 ARTICLE 13 

MISCELLANEOUS 

SECTION 13.01 Trust Indenture Act Controls. If any provision of this Indenture limits, qualifies or conflicts with another provision which is
required to be included in this Indenture by the TIA, the required provision shall control at all times after a TIA Event. 

  
 113 

 SECTION 13.02 Notices. Any notice or communication shall be in writing and delivered,
electronically, in person or mailed by first-class mail addressed as follows: 
 if to the Issuer: 

Univar Inc. 
 Suite 2200, 500 108th Avenue North East 
 Bellevue, Washington 98004 

Attention: General Counsel 
 Tel:
(425) 638-4900 
 Fax: (425) 867-2094 

with a copy to: 

Kirkland & Ellis LLP 

601 Lexington Avenue 
 New York,
New York 10022 
 Attention: Jason Kanner, Esq. 

Tel: (212) 446-4800 
 Fax:
(212) 446-4900 
 if to the Trustee: 

Wells Fargo Bank, National Association 

Corporate Trust Services 
 MAC
N9311-110 
 625 Marquette Avenue South 

Minneapolis, MN 55479 
 Attention:
Univar Account Manager 
 Fax: (612) 667-9825 

The Issuer or the Trustee by notice to the other may designate additional or different addresses for subsequent notices or communications.

 Any notice or communication sent to a Securityholder shall be made in compliance with Section 313(c) of the TIA so long as a TIA
Event has occurred and sent to the Securityholder at the Securityholder’s address as it appears on the registration books of the Registrar and shall be sufficiently given if so sent within the time prescribed. 

Failure to send a notice or communication to a Securityholder or any defect in it shall not affect its sufficiency with respect to other
Securityholders. If a notice or communication is sent in the manner provided above, it is duly given, whether or not the addressee receives it. 

SECTION 13.03 Communication by Holders with Other Holders. After a TIA Event has occurred, Securityholders may communicate pursuant to TIA
§ 312(b) with other Securityholders with respect to their rights under this Indenture or the Securities, and the Issuer, the Guarantors, the Trustee, the Registrar and anyone else shall have the protection of TIA § 312(c). 

  
 114 

 SECTION 13.04 Certificate and Opinion as to Conditions Precedent. Upon any request or application
by the Issuer to the Trustee to take or refrain from taking any action under this Indenture, at the request of the Trustee the Issuer shall furnish to the Trustee: 

(a) an Officers’ Certificate in form and substance reasonably satisfactory to the Trustee (which shall include the
statements set forth in Section 13.05) stating that, in the opinion of the signers, all conditions precedent, if any, provided for in this Indenture relating to the proposed action have been complied with; and 

(b) an Opinion of Counsel in form and substance reasonably satisfactory to the Trustee (which shall include the statements set
forth in Section 13.05) stating that, in the opinion of such counsel, all such conditions precedent have been complied with. 
 To the
extent applicable, the Issuer shall comply with Section 314(c)(3) of the TIA after a TIA Event has occurred. 
 SECTION 13.05
Statements Required in Certificate or Opinion. Each certificate or opinion with respect to compliance with a covenant or condition provided for in this Indenture shall include: 

(a) statement that the individual making such certificate or opinion has read such covenant or condition; 

(b) a brief statement as to the nature and scope of the examination or investigation upon which the statements or opinions
contained in such certificate or opinion are based; 
 (c) a statement that, in the opinion of such individual, he has made
such examination or investigation as is necessary to enable him to express an informed opinion as to whether or not such covenant or condition has been complied with or satisfied; and 

(d) a statement as to whether or not, in the opinion of such individual, such covenant or condition has been complied with.

 SECTION 13.06 When Securities Disregarded. In determining whether the Holders of the required principal amount of Securities have
concurred in any direction, waiver or consent, Securities owned by the Issuer or by any Person directly or indirectly controlling or controlled by or under direct or indirect common control with the Issuer shall be disregarded and deemed not to be
outstanding, except that, for the purpose of determining whether the Trustee shall be protected in relying on any such direction, waiver or consent, only Securities which the Trustee actually knows are so owned shall be so disregarded. Also, subject
to the foregoing, only Securities outstanding at the time shall be considered in any such determination. 
 SECTION 13.07 Rules by Trustee,
Paying Agent and Registrar. The Trustee may make reasonable rules for action by or a meeting of Securityholders. The Registrar and the Paying Agent may make reasonable rules for their functions. 

  
 115 

 SECTION 13.08 Legal Holidays. A “Legal Holiday” is a Saturday, a Sunday or a day
on which banking institutions are not required to be open in the State of New York or the state where the Corporate Trust Office is located. If a payment date is a Legal Holiday, payment shall be made on the next succeeding day that is not a Legal
Holiday, and no interest shall accrue for the intervening period. If a regular record date is a Legal Holiday, the record date shall not be affected. 

SECTION 13.09 GOVERNING LAW. THIS INDENTURE AND THE SECURITIES SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE
OF NEW YORK BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAWS OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

SECTION 13.10 No Recourse Against Others. A director, officer, incorporator, employee, stockholder or Affiliate as such, of the Issuer or any
Guarantor shall not have any liability for any obligations of the Issuer or any Guarantor under the Securities or this Indenture or for any claim based on, in respect of or by reason of such obligations or their creation. By accepting a Security,
each Securityholder waives and releases all such liability. The waiver and release shall be part of the consideration for the issue of the Securities. 

SECTION 13.11 Successors. All agreements of the Issuer and each Guarantor in this Indenture and the Securities shall bind their successors.
All agreements of the Trustee in this Indenture shall bind its successors. 
 SECTION 13.12 Multiple Originals. The parties may sign any
number of copies of this Indenture. Each signed copy shall be an original, but all of them together represent the same agreement. One signed copy is enough to prove this Indenture. 

SECTION 13.13 Table of Contents; Headings. The table of contents, cross-reference sheet and headings of the Articles and Sections of this
Indenture have been inserted for convenience of reference only, are not intended to be considered a part hereof and shall not modify or restrict any of the terms or provisions hereof. 

SECTION 13.14 Severability. In case any one or more of the provisions in this Indenture, in the Securities or in the Security Guarantees shall
be held invalid, illegal or unenforceable, in any respect for any reason, the validity, legality and enforceability of any such provision in every other respect and of the remaining provisions shall not in any way be affected or impaired thereby, it
being intended that all of the provisions hereof shall be enforceable to the full extent permitted by law. 
 SECTION 13.15 No Adverse
Interpretation of Other Agreements. This Indenture may not be used to interpret another indenture, loan or debt agreement of the Issuer or any of its Subsidiaries. Any such indenture, loan or debt agreement may not be used to interpret this
Indenture. 
 SECTION 13.16 Force Majeure. In no event shall the Trustee be responsible or liable for any failure or delay in the
performance of its obligations hereunder arising out of or caused by, directly or indirectly, forces beyond its control, including, without limitation, strikes, work 

  
 116 

 
stoppages, accidents, acts of war or terrorism, civil or military disturbances, nuclear or natural catastrophes or acts of God, and interruptions, loss or malfunctions of utilities,
communications or computer (software and hardware) services; it being understood that the Trustee shall use reasonable efforts which are consistent with accepted practices in the banking industry to resume performance as soon as practicable under
the circumstances. 
 SECTION 13.17 U.S.A. Patriot Act. The parties hereto acknowledge that in accordance with Section 326 of the
U.S.A. Patriot Act, the Trustee, like all financial institutions and in order to help fight the funding of terrorism and money laundering, is required to obtain, verify, and record information that identifies each person or legal entity that
establishes a relationship or opens an account with the Trustee. The parties to this Indenture agree that they will provide the Trustee with such information as it may request in order for the Trustee to satisfy the requirements of the U.S.A.
Patriot Act. 

  
 117 

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

			
	UNIVAR INC.
		
	By:	 	

		 	Name: Douglas R. Drew
		 	Title:
	
	CHEMPOINT.COM, INC.
		
	By:	 	

		 	Name: Douglas R. Drew
		 	Title:
	
	UNIVAR USA INC.
		
	By:	 	

		 	Name: Douglas R. Drew
		 	Title:
	
	UNIVAR HOLDCO CANADA, LLC
		
	By:	 	

		 	Name: Douglas R. Drew
		 	Title:
	
	UNIVAR HOLDCO CANADA III, LLC
		
	By:	 	

		 	Name: Douglas R. Drew
		 	Title:

  
 [Issuer Indenture
Signature Page] 

 
			
	BASIC CHEMICAL SOLUTIONS, L.L.C.
		
	By:	 	

		 	Name: Douglas R. Drew
		 	Title:

  
 [Issuer Indenture
Signature Page] 

 
					
	 WELLS FARGO BANK, NATIONAL

ASSOCIATION, as Trustee

		
	By:	 	

		 	Name:	 	Lynn M. Steiner
		 	Title:	 	Vice President

  
 [Trustee Indenture
Signature Page] 

 SCHEDULE 1.01 

Investments in Joint Venture Agreements with Third Parties: 

Note: It is understood and agreed that subclause (a) of the proviso in paragraph (8) of the definition of Permitted Investments in this
Indenture shall not be applicable to the following Investments: 
 Elemica Holdings (Ireland) 

1% directly owned by Univar Europe Holdings BV 

Gleis-Genossenschaft Ristet Bergermoos (Switzerland) 

5.7% owned by Univar AG 
 94.3% owned by third parties 

Continental Chemicals LLC 
 Judy Lowery 20.4% 

Shelly Lowery Manos 10.2% 
 Brandon Lowery 10.2% 

Dana Lowery Ramseur 10.2% 
 Univar USA 49.0% 

 EXHIBIT A 

[FACE OF SECURITY] 
 UNIVAR INC.

 12% Senior Subordinated Note Due 2018 

[CUSIP] [CINS]              

No.                     
$         
 Univar Inc., an entity organized under the laws of Delaware (the
“Company,” which term includes any successor under the Indenture hereinafter referred to), for value received, promises to pay to
                    , or its registered assigns, the principal sum of
                     DOLLARS ($        ) on June 30, 2018. 

Interest Rate: 12% per annum. 

Interest Payment Dates: March 31, June 30, September 30 and December 31 commencing March 31, 2011.

 Regular Record Dates: March 15, June 15, September 15 and December 15. 

Reference is hereby made to the further provisions of this Security set forth on the reverse hereof, which will for all purposes have the same
effect as if set forth at this place. 

  
 A-1 

 IN WITNESS WHEREOF, the Company has caused this Security to be signed manually or by facsimile by
its duly authorized officers. 
  

							
	Date:	 		 	UNIVAR INC.
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	

  
 A-2 

 (Form of Trustee’s Certificate of Authentication) 

This is one of the 12% Senior Subordinated Notes due 2018 described in the Indenture referred to in this Security. 

 

			
	WELLS FARGO BANK, NATIONAL
	ASSOCIATION, as Trustee
		
	By:	 	  

		 	Authorized Signatory

  
 A-3 

 [REVERSE SIDE OF SECURITY] 

UNIVAR INC. 
 12% Senior
Subordinated Note Due 2018 
 1. Principal and Interest. 

The Company promises to pay the principal of this Security on June 30, 2018. 

The Company promises to pay interest on the principal amount of this Security on each interest payment date, as set forth on the face of this
Security, at the rate of 12% per annum. 
 Interest will be payable, in cash, quarterly in arrears (to the holders of record of the
Securities at the close of business on the March 15, June 15, September 15 and December 15 immediately preceding the interest payment date) on each interest payment date, commencing March 31, 2011; provided
that any interest that would have been payable in cash on December 31, 2010 had the interest payments commenced on December 31, 2010 shall be compounded and paid in full on March 31, 2011. 

Interest on this Security will accrue from the most recent date to which interest has been paid on this Security [or the Security surrendered
in exchange for this Security] (or, if there is no existing default in the payment of interest and if this Security is authenticated between a regular record date and the next interest payment date, from such interest payment date) or, if no
interest has been paid, from [the Issue Date/the date this Security was issued]. Interest will be computed in the basis of a 360-day year of twelve 30-day months. The Issuer will pay all Additional Interest, if any, in the same manner, on the dates
and in the amounts set forth in the Registration Rights Agreement. 
 Interest not paid when due and any interest on principal, premium or
interest not paid when due will be paid to the Persons that are Holders on a special record date determined in accordance with the Indenture. 

The Company will pay interest on overdue principal, premium, if any, and to the extent lawful, interest at a rate per annum equal to the
interest rate otherwise payable on this Security plus 2%, provided that if an Event of Default (other than pursuant to Section 6.01(a)(6)(B)) occurs the Initial Purchaser Parties hold 40% or more of the then outstanding principal amount
of the Securities, and an Initial Purchaser Party have made demand therefor, the entire principal amount of the Securities shall bear interest at a rate per annum which is 2% plus the otherwise applicable interest rate from the date of such
non-payment until paid in full or the applicable Event of Default has otherwise been cured or waived. 
 2. Indentures; Security
Guarantee. 
 This is one of the Securities issued under an Indenture dated as of
                 , 201     and as may be further amended from time to time, the “Indenture”), among the Company, the guarantors from time
to time party thereto and Wells Fargo Bank, National Association, as Trustee. Capitalized terms used herein are used as defined in the Indenture unless otherwise 

  
 A-4 

 
indicated. The terms of the Securities include those stated in the Indenture and at all times after a TIA Event, those made part of the Indenture by reference to the TIA. The Securities are
subject to all such terms, and Holders are referred to the Indenture and the TIA for a statement of all such terms. To the extent permitted by applicable law, in the event of any inconsistency between the terms of this Security and the terms of the
Indenture, the terms of the Indenture will control. 
 The Securities are unsecured senior subordinated obligations of the Company. The
Indenture limits the original aggregate principal amount of the Securities to $400,000,000. This Security is guaranteed by the Guarantors as set forth in the Indenture. The guarantees are subordinated as set forth in the Indenture to all Obligations
in respect of Senior Debt (including all interest accrued or accruing on Senior Debt after the commencement of any bankruptcy, insolvency or reorganization or similar case or proceeding at the contract rate (including, without limitation, any
contract rate applicable upon default) specified in the relevant documentation, whether or not the claim for the interest is allowed as a claim in the case or proceeding with respect to the Senior Debt). 

3. Redemption and Repurchase; Discharge or Defeasance Prior to Redemption or Maturity. 

This Security is subject to optional redemption, and may be the subject of a Repurchase Offer, as further described in the Indenture. Except
for certain required Repurchase Offers, there is no sinking fund or mandatory redemption applicable to this Security. 
 If the Company
deposits with the Trustee money or Government Notes sufficient to pay the then outstanding principal of, premium, if any, and accrued interest on the Securities to redemption or maturity, the Company may in certain circumstances be discharged from
the Indenture and the Securities or may be discharged from certain of its obligations under certain provisions of the Indenture. 
 4.
Subordination. 
 This Security is subordinated to Senior Debt of the Issuer, as defined in the Indenture. To the extent provided in
the Indenture, Senior Debt of the Issuer must be paid before the Securities may be paid. The Issuer agrees, and each Securityholder by accepting a Security agrees, to the subordination provisions contained in the Indenture and authorizes the Trustee
to give it effect and appoints the Trustee as attorney-in-fact for such purpose. 
 5. Registered Form; Denominations; Transfer;
Exchange. 
 The Securities are in registered form without coupons in denominations of $1,000 principal amount and any multiple of
$1,000 in excess thereof. A Holder may register the transfer or exchange of Securities in accordance with the Indenture. The Trustee may require a Holder to furnish appropriate endorsements and transfer documents and to pay any taxes and fees
required by law or permitted by the Indenture. Pursuant to the Indenture, there are certain periods during which the Trustee will not be required to issue, register the transfer of or exchange any Security or certain portions of a Security. 

  
 A-5 

 6. Defaults and Remedies. 

If an Event of Default, as defined in the Indenture, occurs and is continuing, the Trustee or the Holders of at least 25% in principal amount
of the Securities may declare all the Securities to be due and payable. If a bankruptcy or insolvency default with respect to the Issuer occurs and is continuing, the Securities automatically become due and payable. Holders may not enforce the
Indenture or the Securities except as provided in the Indenture. The Trustee may require indemnity satisfactory to it before it enforces the Indenture or the Securities. Subject to certain limitations, Holders of a majority in principal amount of
the Securities then outstanding may direct the Trustee in its exercise of remedies. 
 7. Amendment and Waiver. 

Subject to certain exceptions, the Indenture and the Securities may be amended, or and defaults may be waived, with the consent of the Holders
of a majority in principal amount of the outstanding Securities. Without notice to or the consent of any Holder, the Company and the Trustee may amend or supplement the Indenture or the Securities to, among other things, cure any ambiguity, defect
or inconsistency. 
 8. Authentication. 

This Security is not valid until the Trustee (or Authenticating Agent) signs the certificate of authentication on the other side of this
Security. 
 9. Governing Law. 

This Security shall be governed by, and construed in accordance with, the laws of the State of New York. 

10. Abbreviations. 

Customary abbreviations may be used in the name of a Holder or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the
entireties), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian) and U/G/M/A/ (= Uniform Gifts to Minors Act). 

The Company will furnish a copy of the Indenture to any Holder upon written request and without charge. 

  
 A-6 

 [FORM OF TRANSFER NOTICE] 

FOR VALUE RECEIVED the undersigned registered holder hereby sell(s), assign(s) and transfer(s) unto 

Insert Taxpayer Identification No. 
  

 
  

 
 Please print or typewrite name and
address including zip code of assignee 
 the within Security and all rights thereunder, hereby irrevocably constituting and appointing 

 
  

attorney to transfer said Security on the books of the Company with full power of substitution in the premises. 

  
 A-7 

 [THE FOLLOWING PROVISION TO BE INCLUDED 

ON ALL CERTIFICATES BEARING A RESTRICTED LEGEND] 

In connection with any transfer of this Security occurring prior to
                    , the undersigned confirms that such transfer is made without utilizing any general solicitation or general advertising and
further as follows:  ̈ 
 Check One 

 

	 ̈	(1) This Security is being transferred to a “qualified institutional buyer” in compliance with Rule 144A under the Securities Act of 1933, as amended and certification in the form of Exhibit E to the
Indenture is being furnished herewith. 

  

	 ̈	(2) This Security is being transferred to a Non-U.S. Person in compliance with the exemption from registration under the Securities Act of 1933, as amended, provided by Regulation S thereunder, and certification in
the form of Exhibit D to the Indenture is being furnished herewith. 

 or 

 

	 ̈	(3) This Security is being transferred other than in accordance with (1) or (2) above and documents are being furnished which comply with the conditions of transfer set forth in this Security and the
Indenture. 

 If none of the foregoing boxes is checked, the Trustee is not obligated to register this Security in the name of
any Person other than the Holder hereof unless and until the conditions to any such transfer of registration set forth herein and in the Indenture have been satisfied. 
  

									
	Date:	 	  
	 		 	  

		 		 		 	Seller	 	
					
		 		 		 	By:	 	  

 NOTICE: The signature to this assignment must correspond with the name as written upon the face of the within
mentioned instrument in every particular, without alteration or any change whatsoever. 

  
 A-8 

					
	Signature Guarantee:1	 	  

			
		 	By:	 	  

		 		 	To be executed by an executive officer

  

	1 	Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements include membership or participation in the Securities Transfer
Association Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange
Act of 1934, as amended. 

  
 A-9 

 OPTION OF HOLDER TO ELECT PURCHASE 

If you wish to have all of this Security purchased by the Company pursuant to [Section 3.09] of the Indenture, check the box:  ̈ 
 If you wish to have a portion of this Security purchased by the Company pursuant to [Section
3.09] of the Indenture, state the amount (in original principal amount) below: 
  

			
	$            .
		
	Date:	 	  

			
		
	Your Signature:	 	  

			
	(Sign exactly as your name appears on the other side of this Security)

			
		
	Signature Guarantee:2	 	  

  

	2 	Signatures must be guaranteed by an “eligible guarantor institution” meeting the requirements of the Registrar, which requirements include membership or participation in the Securities Transfer
Association Medallion Program (“STAMP”) or such other “signature guarantee program” as may be determined by the Registrar in addition to, or in substitution for, STAMP, all in accordance with the Securities Exchange
Act of 1934, as amended. 

  
 A-10 

 SCHEDULE OF EXCHANGES OF SECURITIES3 

The following exchanges of a part of this Global Security for Certificated Securities or a part of another Global Security have been made:

  

									
	Date of Exchange	  	 Amount of decrease

in principal amount
 of this
Global
 Security
	  	 Amount of increase

in principal amount
 of this
Global
 Security
	  	 Principal amount of
this Global Security
following such

decrease (or
 increase)
	  	Signature of
authorized officer of
Trustee
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	

  

	3 	For Global Securities. 

  
 A-11 

 EXHIBIT B 

RESTRICTED LEGEND 
 THIS SECURITY
HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE WITH THE FOLLOWING SENTENCE. BY ITS ACQUISITION HEREOF OR OF A
BENEFICIAL INTEREST HEREIN, THE ACQUIRER 
 (1) REPRESENTS THAT 

(A) IT AND ANY ACCOUNT FOR WHICH IT IS ACTING IS A “QUALIFIED INSTITUTIONAL BUYER” (WITHIN THE MEANING OF RULE 144A
UNDER THE SECURITIES ACT) AND THAT IT EXERCISES SOLE INVESTMENT DISCRETION WITH RESPECT TO EACH SUCH ACCOUNT, 
 (B) IT IS AN
INSTITUTIONAL “ACCREDITED INVESTOR” (WITHIN THE MEANING OF RULE 501(A)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT) (AN “INSTITUTIONAL ACCREDITED INVESTOR”), OR 

(C) IT IS NOT A U.S. PERSON (WITHIN THE MEANING OF REGULATION S UNDER THE SECURITIES ACT) AND 

(2) AGREES FOR THE BENEFIT OF THE COMPANY THAT IT WILL NOT OFFER, SELL, PLEDGE OR OTHERWISE TRANSFER THIS SECURITY OR ANY
BENEFICIAL INTEREST HEREIN, EXCEPT IN ACCORDANCE WITH THE SECURITIES ACT AND ANY APPLICABLE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES AND ONLY 

(A) TO THE COMPANY, 

(B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BECOME EFFECTIVE UNDER THE SECURITIES ACT, 

(C) TO A QUALIFIED INSTITUTIONAL BUYER IN COMPLIANCE WITH RULE 144A UNDER THE SECURITIES ACT, 

(D) IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH RULE 904 OF REGULATION S UNDER THE SECURITIES ACT, 

  
 B-1 

 (E) IN A PRINCIPAL AMOUNT OF NOT LESS THAN $250,000, TO AN INSTITUTIONAL
ACCREDITED INVESTOR THAT, PRIOR TO SUCH TRANSFER, DELIVERS TO THE TRUSTEE A DULY COMPLETED AND SIGNED CERTIFICATE (THE FORM OF WHICH MAY BE OBTAINED FROM THE TRUSTEE) RELATING TO THE RESTRICTIONS ON TRANSFER OF THIS SECURITY, OR 

(F) PURSUANT TO AN EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER THE SECURITIES ACT OR ANY OTHER AVAILABLE EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 
 PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(C) ABOVE
OR (2)(D) ABOVE, A DULY COMPLETED AND SIGNED CERTIFICATE (THE FORM OF WHICH MAY BE OBTAINED FROM THE TRUSTEE) MUST BE DELIVERED TO THE TRUSTEE. PRIOR TO THE REGISTRATION OF ANY TRANSFER IN ACCORDANCE WITH (2)(E) OR (F) ABOVE, THE
COMPANY RESERVES THE RIGHT TO REQUIRE THE DELIVERY OF SUCH LEGAL OPINIONS, CERTIFICATIONS OR OTHER EVIDENCE AS MAY REASONABLY BE REQUIRED IN ORDER TO DETERMINE THAT THE PROPOSED TRANSFER IS BEING MADE IN COMPLIANCE WITH THE SECURITIES ACT AND
APPLICABLE STATE SECURITIES LAWS. NO REPRESENTATION IS MADE AS TO THE AVAILABILITY OF ANY RULE 144 EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT. 

  
 B-2 

 EXHIBIT C 

DTC LEGEND 
 UNLESS THIS
CERTIFICATE IS PRESENTED BY AN AUTHORIZED REPRESENTATIVE OF THE DEPOSITORY TRUST COMPANY, A NEW YORK CORPORATION (“DTC”), TO THE COMPANY OR ITS AGENT FOR REGISTRATION OF TRANSFER, EXCHANGE OR PAYMENT, AND ANY CERTIFICATE ISSUED IS
REGISTERED IN THE NAME OF CEDE & CO. OR IN SUCH OTHER NAME AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF DTC (AND ANY PAYMENT IS MADE TO CEDE & CO. OR TO SUCH OTHER ENTITY AS IS REQUESTED BY AN AUTHORIZED REPRESENTATIVE OF
DTC), ANY TRANSFER, PLEDGE OR OTHER USE HEREOF FOR VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL INASMUCH AS THE REGISTERED OWNER HEREOF, CEDE & CO., HAS A BENEFICIAL INTEREST HEREIN. 

TRANSFERS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS IN WHOLE, BUT NOT IN PART, TO NOMINEES OF CEDE & CO. OR TO A SUCCESSOR
THEREOF OR SUCH SUCCESSOR’S NOMINEE AND TRANSFERS OF PORTIONS OF THIS GLOBAL SECURITY ARE LIMITED TO TRANSFERS MADE IN ACCORDANCE WITH THE TRANSFER PROVISIONS OF THE INDENTURE. 

  
 C-1 

 EXHIBIT D 

REGULATION S CERTIFICATE 

            ,         

 Wells Fargo Bank, National Association 
 Corporate Trust
Services 
 MAC N9311-110 
 625 Marquette Avenue 

Minneapolis, MN 55479 
 Attention: Ulixes Account Manager 

Fax: (612) 667-9825 
  

	Re:	Univar Inc. 

 12 % Senior Subordinated Notes 

due 2018 (the “Securities”) Issued under 

the Indenture (the “Indenture”) dated as 

of             , 201  , relating to the Securities 

Ladies and Gentlemen: 
 Terms are used in this
Certificate as used in Regulation S (“Regulation S”) under the Securities Act of 1933, as amended (the “Securities Act”), except as otherwise stated herein. 

[CHECK A OR B AS APPLICABLE.] 
  

					
	 ̈  A.	 	This Certificate relates to our proposed transfer of $         principal amount of Securities issued under the Indenture. We hereby certify as follows:
			
		 	1.	 	The offer and sale of the Securities was not and will not be made to a person in the United States (unless such person is excluded from the definition of “U.S. Person” pursuant to Rule 902(k)(2)(vi) or the account held by
it for which it is acting is excluded from the definition of “U.S. Person” pursuant to Rule 902(k)(2)(i) under the circumstances described in Rule 902(h)(3)) and such offer and sale was not and will not be specifically targeted at an
identifiable group of U.S. citizens abroad.
			
		 	2.	 	Unless the circumstances described in the parenthetical in paragraph 1 above are applicable, either (a) at the time the buy order was originated, the buyer was outside the United States or we and any person acting on our behalf
reasonably believed that the buyer was outside the United States or (b) the transaction was executed in, on or through the facilities of a designated offshore securities market, and neither we nor any person acting on our behalf knows that the
transaction was pre-arranged with a buyer in the United States.

  
 D-1 

					
		 	3.	 	Neither we, any of our affiliates, nor any person acting on our or their behalf has made any directed selling efforts in the United States with respect to the Securities.
			
		 	4.	 	The proposed transfer of Securities is not part of a plan or scheme to evade the registration requirements of the Securities Act.
			
		 	5.	 	If we are a dealer or a person receiving a selling concession, fee or other remuneration in respect of the Securities, and the proposed transfer takes place during the Restricted Period (as defined in the Indenture), or we are an
officer or director of the Company or the Initial Purchaser Parties (as defined in the Indenture), we certify that the proposed transfer is being made in accordance with the provisions of Rule 904(b) of Regulation S.
		
	 ̈  B.	 	This Certificate relates to our proposed exchange of $         principal amount of Securities issued under the Indenture for an equal principal amount of Securities to be held by
us. We hereby certify as follows:
			
		 	1.	 	At the time the offer and sale of the Securities was made to us, either (i) we were not in the United States or (ii) we were excluded from the definition of “U.S. person” pursuant to Rule 902(k)(2)(vi) or the account held
by us for which we were acting was excluded from the definition of “U.S. person” pursuant to Rule 902(k)(2)(i) under the circumstances described in Rule 902(h)(3); and we were not a member of an identifiable group of U.S. citizens
abroad.
			
		 	2.	 	Unless the circumstances described in paragraph 1(ii) above are applicable, either (a) at the time our buy order was originated, we were outside the United States or (b) the transaction was executed in, on or through the facilities
of a designated offshore securities market and we did not pre-arrange the transaction in the United States.
			
		 	3.	 	The proposed exchange of Securities is not part of a plan or scheme to evade the registration requirements of the Securities Act.

 You and the Company are entitled to rely upon this Certificate and are irrevocably authorized to produce this
Certificate or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby. 
  

									
		 		 		 	Very truly yours,
				
		 		 		 	[NAME OF SELLER (FOR TRANSFERS) OR
		 		 		 	OWNER (FOR EXCHANGES)]
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:
		 		 		 		 	Address:
					
	Date:	 	  
	 		 		 	

  
 D-2 

 EXHIBIT E 

RULE 144A CERTIFICATE 

            ,          

Wells Fargo Bank, National Association 
 Corporate Trust Services

 MAC N9311-110 
 625 Marquette Avenue 

Minneapolis, MN 55479 
 Attention: Ulixes Account Manager 

Fax: (612) 667-9825 
 Attention: Ulixes Account Manager 

Fax: (612) 667-9825 

	Re:	Univar Inc. 

 12 % Senior Subordinated 

Notes due 2018 (the “Securities”) 

Issued under the Indenture (the “Indenture”) dated 

as of                  , 201  , relating to the
Securities 
 Ladies and Gentlemen: 
 This
Certificate relates to: 
 [CHECK A OR B AS APPLICABLE.] 
  

					
	 ̈	 	A.	 	Our proposed purchase of $         principal amount of Securities issued under the Indenture.
			
	 ̈	 	 B.
	 	Our proposed exchange of $         principal amount of Securities issued under the Indenture for an equal principal amount of Securities to be held by us.

 We and, if applicable, each account for which we are acting in the aggregate owned and invested more than
$100,000,000 in securities of issuers that are not affiliated with us (or such accounts, if applicable), as of             , 201  , which is a date on or since the close of our
most recent fiscal year. We and, if applicable, each account for which we are acting, are a qualified institutional buyer within the meaning of Rule 144A (“Rule 144A”) under the Securities Act of 1933, as amended (the “Securities
Act”). If we are acting on behalf of an account, we exercise sole investment discretion with respect to such account. We are aware that the transfer of Securities to us, or such exchange, as applicable, is being made in reliance upon the
exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A. Prior to the date of this Certificate we have received such information regarding the Company as we have requested pursuant to Rule 144A(d)(4) or have
determined not to request such information. 

  
 E-1 

 You and the Company are entitled to rely upon this Certificate and are irrevocably authorized to
produce this Certificate or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby. 
  

									
		 		 		 	Very truly yours,
				
		 		 		 	[NAME OF PURCHASER (FOR TRANSFERS)
		 		 		 	OR OWNER (FOR EXCHANGES)]
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:
		 		 		 		 	Address:
					
	Date:	 	  
	 		 		 	

  
 E-2 

 EXHIBIT F 

INSTITUTIONAL ACCREDITED INVESTOR CERTIFICATE1 

Wells Fargo Bank, National Association 
 Corporate Trust Services

 MAC N9311-110 
 625 Marquette Avenue 

Minneapolis, MN 55479 
 Attention: Ulixes Account Manager 

Fax: (612) 667-9825 
  

	Re:	Univar Inc. 

 12 % Senior Subordinated 

Notes due 2018 (the “Securities”) 

Issued under the Indenture (the “Indenture”) dated 

as of                  , 201  , relating to the
Securities 
 Ladies and Gentlemen: 
 This
Certificate relates to: 
 [CHECK A OR B AS APPLICABLE.] 
  

					
	 ̈	 	A.	 	Our proposed purchase of $         principal amount of Securities issued under the Indenture.
			
	 ̈	 	B.	 	Our proposed exchange of $         principal amount of Securities issued under the Indenture for an equal principal amount of Securities to be held by us.

 We hereby confirm that: 
  

	 	1.	We are an institutional “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act of 1933, as amended (the “Securities Act”) (an “Institutional
Accredited Investor”). 

  

	 	2.	Any acquisition of Securities by us will be for our own account or for the account of one or more other Institutional Accredited Investors as to which we exercise sole investment discretion. 

 

	 	3.	We have such knowledge and experience in financial and business matters that we are capable of evaluating the merits and risks of an investment in the Securities and we and any accounts for which we are acting are able
to bear the economic risks of and an entire loss of our or their investment in the Securities. 

  

	 	4.	 We are not acquiring the Securities with a view to any distribution thereof in a transaction that would violate the Securities Act or the securities
laws of any State 

  
 F-1 

	 	
of the United States or any other applicable jurisdiction; provided that the disposition of our property and the property of any accounts for which we are acting as fiduciary will remain
at all times within our and their control. 

  

	 	5.	We acknowledge that the Securities have not been registered under the Securities Act and that the Securities may not be offered or sold within the United States or to or for the benefit of U.S. persons except as set
forth below. 

  

	 	6.	The principal amount of Securities to which this Certificate relates is at least equal to $250,000. 

We agree for the benefit of the Company, on our own behalf and on behalf of each account for which we are acting, that such Securities may be
offered, sold, pledged or otherwise transferred only in accordance with the Securities Act and any applicable securities laws of any State of the United States and only (a) to the Company, (b) pursuant to a registration statement which has
become effective under the Securities Act, (c) to a qualified institutional buyer in compliance with Rule 144A under the Securities Act, (d) in an offshore transaction in compliance with Rule 904 of Regulation S under the Securities Act,
(e) in a principal amount of not less than $250,000, to an Institutional Accredited Investor that, prior to such transfer, delivers to the Trustee a duly completed and signed certificate (the form of which may be obtained from the Trustee)
relating to the restrictions on transfer of the Securities or (f) pursuant to an exemption from registration provided by Rule 144 under the Securities Act or any other available exemption from the registration requirements of the Securities
Act. 
 Prior to the registration of any transfer in accordance with (c) or (d) above, we acknowledge that a duly completed and
signed certificate (the form of which may be obtained from the Trustee) must be delivered to the Trustee. Prior to the registration of any transfer in accordance with (e) or (f) above, we acknowledge that the Company reserves the right to
require the delivery of such legal opinions, certifications or other evidence as may reasonably be required in order to determine that the proposed transfer is being made in compliance with the Securities Act and applicable state securities laws. We
acknowledge that no representation is made as to the availability of any Rule 144 exemption from the registration requirements of the Securities Act. 

We understand that the Trustee will not be required to accept for registration of transfer any Securities acquired by us, except upon
presentation of evidence satisfactory to the Company and the Trustee that the foregoing restrictions on transfer have been complied with. We further understand that the Securities acquired by us will be in the form of definitive physical
certificates and that such certificates will bear a legend reflecting the substance of the preceding paragraph. We further agree to provide to any person acquiring any of the Securities from us a notice advising such person that resales of the
Securities are restricted as stated herein and that certificates representing the Securities will bear a legend to that effect. 
 We agree
to notify you promptly in writing if any of our acknowledgments, representations or agreements herein ceases to be accurate and complete. 

  
 F-2 

 We represent to you that we have full power to make the foregoing acknowledgments,
representations and agreements on our own behalf and on behalf of any account for which we are acting. 
 You and the Company are entitled
to rely upon this Certificate and are irrevocably authorized to produce this Certificate or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby. 

 

									
		 		 		 	Very truly yours,
				
		 		 		 	[NAME OF PURCHASER (FOR TRANSFERS)
		 		 		 	OR OWNER (FOR EXCHANGES)]
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:
		 		 		 		 	Address:
					
	Date:	 	  
	 		 		 	

 Upon transfer, the Securities would be registered in the name of the new beneficial owner as follows: 

 

			
	By:	 	  

		
	Date:	 	  

			
		
	Taxpayer ID number:	 	  

  
 F-3 

 EXHIBIT G 

[COMPLETE FORM I OR FORM II AS APPLICABLE.] 

[FORM I] 
 CERTIFICATE OF
BENEFICIAL OWNERSHIP 
 Wells Fargo Bank, National Association 

Corporate Trust Services 
 MAC N9311-110 

625 Marquette Avenue 
 Minneapolis, MN 55479 

Attention: Ulixes Account Manager 
 Fax: (612) 667-9825 

 

	Re:	Univar Inc. 

 12 % Senior Subordinated 

Notes due 2018 (the “Securities”) 

Issued under the Indenture (the “Indenture”) dated 

as of                  , 201  , relating to the
Securities 
 Ladies and Gentlemen: 
 We are
the beneficial owner of $         principal amount of Securities issued under the Indenture and represented by a Temporary Offshore Global Security (as defined in the Indenture). 

We hereby certify as follows: 

[CHECK A OR B AS APPLICABLE.] 
  

					
	 ̈	 	A.	 	We are a non-U.S. person (within the meaning of Regulation S under the Securities Act of 1933, as amended).
			
	 ̈	 	B.	 	We are a U.S. person (within the meaning of Regulation S under the Securities Act of 1933, as amended) that purchased the Securities in a transaction that did not require registration under the Securities Act of 1933, as
amended.

 You and the Company are entitled to rely upon this Certificate and are irrevocably authorized to produce this
Certificate or a copy hereof to any interested party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby. 
  

									
		 		 		 	Very truly yours,
				
		 		 		 	[NAME OF BENEFICIAL OWNER]
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:
		 		 		 		 	Address:
					
	Date:	 	  
	 		 		 	

  
 G-1 

 [FORM II] 

CERTIFICATE OF BENEFICIAL OWNERSHIP 
 Wells Fargo
Bank, National Association 
 Corporate Trust Services 
 MAC
N9311-110 
 625 Marquette Avenue 
 Minneapolis, MN 55479 

Attention: Ulixes Account Manager 
 Fax: (612) 667-9825 

 

	Re:	Univar Inc. 

 12 % Senior Subordinated 

Notes due 2018 (the “Securities”) 

Issued under the Indenture (the “Indenture”) dated 

as of                  , 201  , relating to the
Securities 
 Ladies and Gentlemen: 
 This is
to certify that based solely on certifications we have received in writing, by tested telex or by electronic transmission from institutions appearing in our records as persons being entitled to a portion of the principal amount of Securities
represented by a Temporary Offshore Global Security issued under the above-referenced Indenture, that as of the date hereof, $         principal amount of Securities represented by the Temporary Offshore
Global Security being submitted herewith for exchange is beneficially owned by persons that are either (i) non-U.S. persons (within the meaning of Regulation S under the Securities Act of 1933, as amended) or (ii) U.S. persons that
purchased the Securities in a transaction that did not require registration under the Securities Act of 1933, as amended. 
 We further
certify that (i) we are not submitting herewith for exchange any portion of such Temporary Offshore Global Security excepted in such certifications and (ii) as of the date hereof we have not received any notification from any Institution
to the effect that the statements made by such Institution with respect to any portion of such Temporary Offshore Global Security submitted herewith for exchange are no longer true and cannot be relied upon as of the date hereof. 

You and the Company are entitled to rely upon this Certificate and are irrevocably authorized to produce this Certificate or a copy hereof to
any interested party in any administrative or legal proceeding or official inquiry with respect to the matters covered hereby. 

  
 G-2 

									
		 		 		 	Yours faithfully,
				
		 		 		 	[Name of DTC Participant]
					
		 		 		 	By:	 	  

		 		 		 		 	Name:
		 		 		 		 	Title:
		 		 		 		 	Address:
					
	Date:	 	  
	 		 		 	

  
 G-3 

 EXHIBIT H 

TEMPORARY OFFSHORE GLOBAL SECURITY LEGEND 

THIS SECURITY IS A TEMPORARY GLOBAL SECURITY. PRIOR TO THE EXPIRATION OF THE RESTRICTED PERIOD APPLICABLE HERETO, BENEFICIAL INTERESTS HEREIN
MAY NOT BE HELD BY ANY PERSON OTHER THAN (1) A NON-U.S. PERSON OR (2) A U.S. PERSON THAT PURCHASED SUCH INTEREST IN A TRANSACTION EXEMPT FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”).
BENEFICIAL INTERESTS HEREIN ARE NOT EXCHANGEABLE FOR CERTIFICATED SECURITIES OTHER THAN A PERMANENT GLOBAL SECURITY IN ACCORDANCE WITH THE TERMS OF THE INDENTURE. TERMS IN THIS LEGEND ARE USED AS USED IN REGULATION S UNDER THE SECURITIES ACT. 

NO BENEFICIAL OWNERS OF THIS TEMPORARY GLOBAL SECURITY SHALL BE ENTITLED TO RECEIVE PAYMENT OF PRINCIPAL OR INTEREST HEREON UNTIL SUCH
BENEFICIAL INTEREST IS EXCHANGED OR TRANSFERRED FOR AN INTEREST IN ANOTHER SECURITY. 

  
 H-1 

 EXHIBIT I 

SUPPLEMENTAL INDENTURE 

dated as of             ,          

among 
 [UNIVAR INC.,] 

The Guarantor(s) Party Hereto 

and 
 [WELLS FARGO BANK, NATIONAL
ASSOCIATION,] 
 as Trustee 
  

 
 12% Senior
Subordinated Notes due 2018 

  
 I-1 

 THIS SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), entered into as of
            ,         , among [UNIVAR INC.], an entity organized under the laws of Delaware (the “Company”), [insert each
Guarantor executing this Supplemental Indenture and its jurisdiction of incorporation] (each an “Undersigned”) and [WELLS FARGO BANK, NATIONAL ASSOCIATION], as trustee (the “Trustee”). 

RECITALS 
 WHEREAS, the
Company and the Trustee entered into the Indenture, dated as of                  , 201   (and as may be further amended, supplemented or modified from time to
time, the “Indenture”), relating to the Company’s 12% Senior Subordinated Notes due 2018 (the “Securities”); 

WHEREAS, as a condition to the Trustee entering into the Indenture and the purchase of the Securities by the Holders, the Company agreed
pursuant to the Indenture to cause any newly acquired or created Domestic Subsidiaries to provide Security Guarantees, except in certain circumstances. 

AGREEMENT 
 NOW,
THEREFORE, in consideration of the premises and mutual covenants herein contained and intending to be legally bound, the parties to this Supplemental Indenture hereby agree as follows: 

Section 1. Capitalized teams used herein and not otherwise defined herein are used as defined in the Indenture. 

Section 2. Each Undersigned, by its execution of this Supplemental Indenture, agrees to be a Guarantor under the Indenture and to be
bound by the terms of the Indenture applicable to Guarantors, including, but not limited to, Article XI thereof. 
 Section 3. This
Supplemental Indenture shall be governed by and construed in accordance with the laws of the State of New York. 
 Section 4. This
Supplemental Indenture may be signed in various counterparts which together will constitute one and the same instrument. 
 Section 5.
This Supplemental Indenture is an amendment supplemental to the Indenture and the Indenture and this Supplemental Indenture will henceforth be read together. 

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

 

			
	[UNIVAR INC.], as Company
		
	By:	 	  

		 	Name:
		 	Title:

  
 I-2 

 
			
	[GUARANTOR]
		
	By:	 	  

		 	Name:
		 	Title:
	
	[WELLS FARGO BANK, NATIONAL
	ASSOCIATION], AS TRUSTEE
		
	By:	 	  

		 	Name:
		 	Title:

  
 I-3 

 EXHIBIT J 

FORM OF AFFILIATE SUBORDINATION AGREEMENT 

This AFFILIATE SUBORDINATION AGREEMENT, dated             
    , 20    (this “Affiliate Subordination Agreement”), is delivered pursuant to that certain Indenture, dated as of December     , 2010 (as it may be amended, supplemented
or otherwise modified, the “Indenture”; the terms defined therein and not otherwise defined herein being used herein as therein defined), between Univar Inc., a Delaware corporation, (the “Issuer”), the guarantors
from time to time party thereto and Wells Fargo Bank, National Association, a national banking association (or any successor trustee, the “Trustee”). 

Pursuant to Section 4.19 of the Indenture, the undersigned hereby agree that so long as the Initial Purchasers hold 40% or more of the
then outstanding principal amount of the Securities (the “Initial Purchaser Condition”) all Debt of the Issuer or any of its Restricted Subsidiaries directly or indirectly (including through participations) issued to or acquired by
the undersigned, an Affiliate of Issuer (other than a direct or indirect Restricted Subsidiary of the Issuer), in each case whether incurred prior to or arising after the date of this Affiliate Subordination Agreement (the “Affiliate
Debt”), shall (i) have a Stated Maturity no earlier than, and shall not be subject to amortization thereof prior to, six months after the Stated Maturity of the Securities, (ii) be contractually subordinated and junior in right of
payment to all Obligations of the Issuer and its Restricted Subsidiaries under the Securities and the Indenture, as set forth herein, (iii) constitute “Affiliate Subordinated Debt” (as such term is defined in the Indenture) and
(iv) be subject to the terms of this Affiliate Subordination Agreement. 
 1. Subordination to Obligations. Anything in any
agreement pursuant to which any of the Affiliate Debt was created or in any instrument evidencing any of the Affiliate Debt to the contrary notwithstanding, the Affiliate Debt shall be unsecured and subordinate and junior in right of payment, to the
extent and in the manner provided herein, to the payment in full of the Affiliate Senior Debt , whether incurred prior to or arising after the date of this Affiliate Subordination Agreement, so long as the Initial Purchaser Condition applies. 

(a) In the event of (i) any insolvency or bankruptcy case or proceeding, or any receivership, liquidation, reorganization
or other similar case or proceeding in connection therewith, relative to the Issuer or any Significant Subsidiary of Issuer or to its assets, or (ii) any liquidation, dissolution or other winding up of the Issuer or any Significant Subsidiary,
whether voluntary or involuntary and whether or not involving insolvency or bankruptcy, or (iii) any assignment for the benefit of creditors or any other marshalling of assets and liabilities of the Issuer or any Significant Subsidiary (the
foregoing being a “Proceeding”), then and in any such event the Holders shall be entitled to receive payment in full of all amounts due or to become due on or in respect of all Affiliate Senior Debt before any of the Affiliate Debt
shall be paid, and to that end, subject to any intercreditor agreement among the Holders and any lenders or holders of indebtedness of the 

 
Issuer that is senior to the Securities, the Holders shall be entitled to receive, for application to the payment of the Securities, respectively, a pro rata portion of any payment or
distribution of any kind or character, whether in cash, property or securities which may be payable or deliverable in respect of the Affiliate Debt in any such case, proceeding, dissolution, liquidation or other winding up or event. 

(b) In the event and during the continuance of any Event of Default, each of the Issuer and its Restricted Subsidiaries (each,
a “Credit Party”) agrees that no payment shall be made by any Credit Party on account of any of the Affiliate Debt (such a Credit Party, an “Obligor Credit Party”) until the Affiliate Senior Debt shall be paid in
full, provided that the foregoing shall not prevent the issuance of additional Affiliate Debt in payment of interest on outstanding Affiliate Debt. 

(c) In the event and during the continuance of any event of default (or any event which with the giving of notice or lapse of
time would be an event of default) with respect to any Affiliate Debt, (i) the Holders shall be entitled to receive payment in full of all amounts due or to become due on or in respect of all Affiliate Senior Debt before the holders of any of
the Affiliate Debt are entitled to receive any payment by the defaulting Credit Party (a “Defaulting Credit Party”) on account of the principal of or premium, if any, or interest on any of the Affiliate Debt, and (ii) any
obligee of Affiliate Debt party hereto (each, an “Obligee”) agrees that in any such event it will not, without the prior written consent of the Required Holders, take any action to accelerate or declare to be due and payable any
Affiliate Debt or to enforce any remedies against the Defaulting Credit Party prior to payment in full of all Affiliate Senior Debt; provided, however, each Obligee may, (i) after the passage of 180 days from the occurrence of an event of
default with respect to any Affiliate Debt (the “Stand-still Period”), if such event of default shall not have been cured or waived within such period and (ii) upon 3 Business Days’ prior written notice of such intention
to the Required Holders, accelerate the Affiliate Debt or enforce any remedies against the Defaulting Credit Parties. Such 3-Business Day notice may be given during the Stand-still Period. 

(d) Notwithstanding the restriction in Section 1(c)(ii), (i) each Obligee may file proofs of claim in respect of the
Affiliate Debt against any Credit Party and exercise all voting rights in respect of the Affiliate Debt in any Proceeding involving any Credit Party, (ii) each Obligee may accelerate the Affiliate Debt if the Affiliate Senior Debt shall have
been accelerated and (iii) to the extent necessary (but only to such extent) that the commencement of a legal action may be required in order to toll the running of any applicable statute of limitation that might otherwise prevent the Obligee
from making claims in respect of the Affiliate Debt it otherwise could, there shall be no restriction on the Obligee taking any of the actions referred to in such clause (ii), but in such an event the Obligee shall give prior written notice to the
Holders and any cash, securities or other amounts received by the Obligee in connection with any such legal action shall be subject to the terms and conditions of this Affiliate Subordination Agreement. 

  
 2 

 2. Payment to the Holders and Holdco Holders of Certain Amounts Received by the Obligee.
In the event that, notwithstanding the foregoing, any distribution of assets by the Defaulting Credit Party or payment by or on behalf of the Defaulting Credit Party of any kind or character, whether in cash, securities or other property, to which
an Obligee would be entitled but for the provisions of this Affiliate Subordination Agreement, shall be received by an Obligee before all Affiliate Senior Debt is paid in full, such distribution or payment shall be held in trust for the benefit of,
and shall, immediately upon receipt thereof, be paid over or delivered to the Holders, on a pro rata basis, for application to the payment of the Affiliate Senior Debt. 

3. Prepayment or Amendment of Affiliate Debt. Whether or not any Event of Default shall exist with respect to any Affiliate Senior
Debt, an Obligee agrees that without the prior written consent of the Required Holders, it will not (i) commence any proceeding against the Obligor Credit Party under any bankruptcy, insolvency or receivership law; or (ii) take any
collateral security for any Affiliate Debt. 
 4. Authorizations to the Holders. Each Obligee irrevocably authorizes and empowers
(without imposing any obligation on) the holders of the Affiliate Senior Debt to file and prove all claims for the Affiliate Debt if the Obligees shall not have filed or proved such claims at least 30 days prior to the applicable deadline and upon
at least 10 days’ prior notice to the Obligees, take all such other action, in the name of such Obligee, as may be necessary or appropriate for the enforcement of this Affiliate Subordination Agreement and has not been taken by such Obligees;
and (b) agrees to execute and deliver to the Holders all such further instruments confirming the above authorization, and all such powers of attorney, proofs of claim, and other instruments, as may be reasonably requested by the Holders. 

5. Notice. Each Obligee agrees, for the benefit of the Holders, that in the event that an event of default has occurred with respect to
any of the Affiliate Debt, the Credit Parties which are parties to such Affiliate Debt will give prompt notice thereof in writing to the Holders. 

6. No Waiver. No right of the Holders or the Holdco Holders to enforce subordination as herein provided shall at any time in any way be
prejudiced or impaired by any act or failure to act on the part of any Obligor Credit Party or by any act or failure to act, in good faith, by any holder of the Affiliate Senior Debt, or by any noncompliance by any Obligor Credit Party with the
terms, provisions and covenants of any of the Affiliate Debt or of any agreement pursuant to which the Affiliate Debt is issued, regardless of any knowledge thereof which the Holders may have or be otherwise charged with. The Holders may at any time
or from to time and in their absolute discretion consistent with the terms of the Indenture, change the manner, place or terms of payment, change or extend the time of payment of, or renew or alter, any such Affiliate Senior Debt, or amend or
supplement any instrument pursuant to which any such Affiliate Senior Debt is issued or by which they may be secured, or release any 

  
 3 

 
security therefor, or exercise or refrain from exercising any other of their rights under the Affiliate Senior Debt including, without limitation, the waiver of default thereunder, all without
notice to or assent from the Obligees and without affecting the obligations of the Obligor Credit Parties under this Affiliate Subordination Agreement. 

7. No Subrogation. No Obligee shall be subrogated to the rights of the Holders and the Holdco Holders to receive distribution of assets
of any Obligor Credit Party, or payments by or on behalf of any Obligor Credit Party, made on the Securities, respectively, until all the Securities shall have been paid in full. 

8. Benefit of Affiliate Subordination Agreement. This Affiliate Subordination Agreement is intended solely to define the relative
rights of the Holders, the Obligor Credit Parties and the Obligees and their respective successors and assigns. Nothing contained in this Affiliate Subordination Agreement is intended to or shall impair, as between any Obligor Credit Party and any
Obligee, the obligations of the Obligor Credit Parties, which are absolute and unconditional, to pay to the Obligees the Affiliate Debt as and when the same shall become due and payable in accordance with the terms thereof, or is intended to or
shall affect the relative rights of the Obligees and creditors of the Obligor Credit Parties, as permitted under the Indenture or Holdco Indenture, other than the Holders. In particular, for so long as no Default or Event of Default or any default
or event of default under the Affiliate Debt has occurred and is continuing the Obligor Credit Parties shall have a right to receive, and the Obligees shall have a right to make, scheduled payments on Affiliate Debt. 

9. Further Assurances. Each Obligee, at its own cost, will take all such further actions, including entering into additional
agreements, giving notices to holders of Affiliate Debt and taking such further action as the Holders may reasonably request in order to more fully carry out the intent and purpose of this Affiliate Subordination Agreement. 

10. Additional Obligees. Each future Restricted Subsidiary of the Issuer and each other future Affiliate that, in either case, is the
obligee with respect to Affiliate Debt shall be deemed to become an Obligee hereunder bound by this Affiliate Subordination Agreement. Issuer shall cause all of its future Restricted Subsidiaries and each of its other Affiliates that is the obligee
with respect to Affiliate Debt to execute simultaneously with and as a precondition to such Person becoming a Restricted Subsidiary or any other Affiliate that is the obligee with respect to Affiliate Debt, as the case may be, a counterpart
signature page to this Affiliate Subordination Agreement and otherwise acknowledge its agreement to be bound by the provisions hereof; provided that the failure of a Restricted Subsidiary or any other Affiliate to execute this Affiliate
Subordination Agreement shall not in any way reduce such Person’s obligations hereunder. 
 11. Amendment Termination and
Assignment. This Affiliate Subordination Agreement may not be amended, modified or terminated without the prior written consent of the Required Holders. The Holders may assign any of the Affiliate Senior Debt or grant participations therein from
time to time, and any such assignee or 

  
 4 

 
holder of a participation interest shall be entitled to all of the rights of the Holders hereunder with respect to the Affiliate Senior Debt so assigned or as to which a participation interest
has been granted. In case of any assignment of any Affiliate Debt, the Obligee thereunder shall ensure that the assignee becomes a party to this Affiliate Subordination Agreement. 

12. Governing Law. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED
AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THEREOF. 
 [Remainder
of page left intentionally blank] 

  
 5 

 IN WITNESS WHEREOF, the undersigned has caused this Subordination Agreement to be duly executed
and delivered by its duly authorized officer as of the date above first written. 
  

			
	UNIVAR. INC.
		
	By:	 	  

		 	Name:
		 	Title:
	
	[EACH RESTRICTED SUBSIDIARY OF
	UNIVAR INC.]
		
	By:	 	  

		 	Name:
		 	Title:
	
	[Holder of Affiliate Debt]
		
	By:	 	  

		 	Name:
		 	Title:

  
 J-1EX-4.13

 Exhibit 4.13 

SUPPLEMENTAL INDENTURE 

among 
 UNIVAR INC. 

as Issuer 
 THE GUARANTORS
LISTED ON SIGNATURE PAGES HEREOF 
 as Guarantors 

and 
 WELLS FARGO BANK,
NATIONAL ASSOCIATION 
 as Trustee 

October 1, 2012 

 THIS SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”) is entered into as of
October 1, 2012 among Univar Inc. (the “Issuer”), the Guarantors listed on the signature pages hereof and Wells Fargo Bank, National Association (the “Trustee”). Capitalized terms used but not otherwise defined
herein shall have the respective meanings given such terms in the Indenture (as defined below). 
 RECITALS 

WHEREAS, the Issuer, the guarantors listed on signature pages thereto and the Trustee entered into the Indenture, dated as of December 20, 2010 (as
amended, supplemented or modified from time to time, the “Indenture”), relating to the Issuer’s 12% Senior Subordinated Notes due 2018 (the “Securities”); 

WHEREAS, the Issuer desires to amend and restate the existing Term Loan Credit Agreement among the Issuer, Bank of America, N.A. as administrative agent, and
the other parties thereto to, among other things, incur $550 million in additional senior term loans thereunder (“Additional Term Loans”); 

WHEREAS, in connection with the Additional Term Loans, the Issuer wishes to make certain amendments to various provisions of the Indenture; 

WHEREAS, on or prior to the date hereof, the Trustee has received an Opinion of Counsel and Officers’ Certificate pursuant to Sections 9.06 and
13.04 of the Indenture with respect to the amendments to the Indenture that are to become effective on the date of this Supplemental Indenture; and 

WHEREAS, pursuant to Section 9.02 of the Indenture, the Issuer has obtained duly authorized and written consent, attached hereto as Exhibit A, to the
proposed amendments from the Holders holding at least a majority of the aggregate principal amount of the Securities outstanding. 

AGREEMENT 
 NOW, THEREFORE, in
consideration of the premises and mutual covenants herein contained and intending to be legally bound, the parties to this Supplemental Indenture hereby agree as follows: 

Section 1. 

Definitions 
 Capitalized
terms used herein and not otherwise defined herein are used as defined in the Indenture. 
 Section 2. 

Amendment 
 (a)
Section 1.01 of the Indenture is amended hereby by adding the following definitions in appropriate alphabetical order: 

“Additional Term Loans” shall have the meaning assigned to such term in the Supplemental Indenture. 

 “Supplemental Indenture” means the Supplemental Indenture, dated
as of October 1, 2012, among the Issuer, the Guarantors and the Trustee. 
 “Supplemental Indenture Effective
Date” means the first date on which all conditions set forth in Section 3 of the Supplemental Indenture are satisfied, as evidenced by the Officers’ Certificate delivered pursuant to the Supplemental Indenture. 

(b) Section 1.01 of the Indenture is amended by amending and restating the definition of “Senior Credit
Facility”, to read in its entirety: 
 “Senior Credit Facility” means collectively the Term Loan
Credit Agreement and the ABL Credit Agreement dated as of the Closing Date among Holdco, the Issuer, the Issuer’s Restricted Subsidiaries and the financial institutions named therein, and any related notes, collateral documents, letters of
credit and guarantees, including any appendices, exhibits or schedules to any of the foregoing (as the same may be in effect from time to time), in each case, as such agreements may be amended, modified, supplemented or restated from time to time
(including, for the avoidance of doubt, by the Third Amended and Restated Term Loan Credit Agreement and Amendment No. 4 to ABL Credit Agreement to be entered into on the Supplemental Indenture Effective Date), or refunded, refinanced,
restructured, replaced, renewed, repaid or extended from time to time (whether with the original agents and lenders or other agents or lenders or otherwise, and whether provided under the original credit agreement or other credit agreements or
otherwise). 
 (c) The definition of “Asset Sale” in Section 1.01 of the Indenture is hereby amended by adding
the following as new clause (s) immediately after clause (r): 
 (s) Dispositions of accounts receivable pursuant to
factoring arrangements in an aggregate amount (with a receivable being deemed to be “outstanding” until the Issuer or the applicable Restricted Subsidiary has received the full purchase price thereof from the purchaser) not to exceed
$25,000,000 at any time outstanding. 
 (d) The definition of “Consolidated Net Income” in Section 1.01 of the
Indenture is hereby amended by (i) deleting the word “and” before clause (13) thereof and replacing it with “;” (ii) inserting the word “and” after clause (13) and
(iii) adding the following as new clause (14) immediately after clause (13): 
 (14) in the case of any period that
includes a period ending prior to or during the fiscal quarter ending December 31, 2012, any fees or expenses incurred or paid by the Issuer or any of its Subsidiaries in connection with the Supplemental Indenture, the Senior Credit Facility
and the transactions contemplated hereby and thereby; 
 (e) The definition of “GAAP” in Section 1.01 of the
Indenture is hereby amended by inserting the following immediately prior to the “.” at the end of the definition: 

“provided further, that for purposes of determining compliance with any financial test or basket under this Indenture, any change
in GAAP following the Supplement Indenture Effective Date with respect to whether a lease is required to be capitalized or operating shall be disregarded for all purposes” 

(f) Clause (1) in the definition of “Permitted Liens” in Section 1.01 of the Indenture is hereby amended and
restated to read in its entirety as follows: 
 (1) Liens securing Senior Debt of the Issuer or any Guarantor or Debt of a
Restricted Subsidiary that is not a Guarantor (including debt of any Foreign Subsidiary) (in each case including related Obligations) that was permitted by the terms of this Indenture to be incurred; 

 (g) Section 4.03(b)(1) of the Indenture is hereby amended and restated to read in its
entirety as follows: 
 (1) the incurrence by the Issuer or any of its Restricted Subsidiaries of Debt, including
bankers’ acceptances (with letters of credit and bankers’ acceptances being deemed to have a principal amount equal to the face amount thereof) under Credit Facilities (including Guarantees of such Debt by the Issuer or any of its
Restricted Subsidiaries); provided that (i) the aggregate principal amount of such Debt outstanding pursuant to this clause (1) does not exceed $3,050 million incurred, in the aggregate, pursuant to the ABL revolving credit facility
portion and the term loan facility portion of the Senior Credit Facility, out of which amount no more than $1,950 million may be incurred in the form of term loans and the remainder may only be incurred under a borrowing base revolving credit
facility, and (ii) at all times while the GS Parties constitute the Required Holders, such amount shall be reduced by the cumulative Net Proceeds from any Asset Sale to the extent applied pursuant to Section 4.06 to prepayments of Debt
under Credit Facilities, provided that once this condition is no longer applicable, the reduction or reductions shall be reversed; 

(h) Section 4.03(b)(5) of the Indenture is hereby amended and restated to read in its entirety as follows: 

(5) the incurrence or issuance of Debt or Preferred Stock of Foreign Subsidiaries under local working capital lines in an
aggregate amount not to exceed (together with the amount of any Guarantee pursuant to clause (9) below (other than any Guarantee of Debt incurred pursuant to this clause (5))) $500 million at any time outstanding; 

(i) Section 4.03(b)(9) of the Indenture is hereby amended and restated to read in its entirety as follows: 

(9) (a) the incurrence of any Guarantee by the Issuer or any Guarantor of Debt of the Issuer or a Guarantor or of any
Foreign Subsidiary (which Debt of any such Foreign Subsidiary shall not exceed (together with the amount of any Debt or Preferred Stock incurred under clause (5) above)) $500 million at any time outstanding, in each case, which Debt was
permitted to be incurred by another provision of this covenant and (b) the incurrence of any Guarantee by any Foreign Subsidiary of Debt of another Foreign Subsidiary; 

(j) Section 4.03(b)(22) of the Indenture is hereby amended and restated to read in its entirety as follows: 

(22) cash management obligations and Debt in respect of cash management services, netting services (including treasury and
depository services), overdraft facilities, employee credit or debit card programs (including non-card electronic payment services and purchase card programs), cash pooling arrangements, electronic fund transfer services or similar arrangements in
connection with cash management and deposit accounts; and 
 (k) Section 4.03(d)(2) of the Indenture is hereby amended by
(i) replacing the words “Closing Date” in the first proviso thereto with the words “Supplemental Indenture Effective Date (other than the Additional Term Loans, which are incurred under Section 4.03(a))”
and (ii) replacing the words “clause (1) hereof” in the second proviso thereto with the words “clause (b)(1) hereof”. For the avoidance of doubt, the Purchasers acknowledge and agree that a temporary prepayment

 
of the outstanding revolving borrowings under the ABL portion of the Senior Credit Facility with the proceeds of the Additional Term Loans, without the permanent reduction of the commitments
under such ABL portion, shall not constitute refinancing of the Senior Credit Facility for purposes of the second proviso of Section 4.03(d)(2) of the Indenture. 

(l) Section 6.01(a)(6) of the Indenture is hereby amended and restated to read in its entirety as follows: 

(6) (A) the failure by the Issuer or any Restricted Subsidiary that is a Guarantor to pay any Debt within any applicable
grace period after final maturity or acceleration by the holders thereof because of a default or (B) or a default occurs with respect to any Debt of the Issuer or any Restricted Subsidiary that is a Guarantor that ranks pari passu
with the Securities or the relevant Security Guarantee or constitutes Subordinated Debt, which default permits the holder or holders thereof (or any trustee or agent on their behalf) to accelerate that Debt (giving effect to any applicable grace
period), and, in the case of (A) or (B) the total amount of such Debt unpaid or accelerated or in default at the time exceeds $75 million; 

(m) Section 6.01(a)(7) of the Indenture is hereby amended and restated to read in its entirety as follows: 

(7) any judgment or decree for the payment of money in excess of $75 million (net of any insurance or indemnity payments
actually received in respect thereof prior to or within 60 days from the entry thereof, or which are covered by insurance (unless the Issuer’s insurance carriers have denied coverage in respect thereof) in the event any appeal thereof shall be
unsuccessful) is entered against the Issuer or any Restricted Subsidiary that is a Significant Subsidiary and is not discharged, waived or stayed and either (A) an enforcement proceeding has been commenced by any creditor upon such judgment or
decree or (B) there is a period of 60 days following the entry of such judgment or decree during which such judgment or decree is not discharged, waived or the execution thereof stayed; 

(n) Section 6.01(a)(9) and Section 6.01(a)(10) of the Indenture are hereby amended by deleting the words “Holdco
(for so long as the Issuer is a Subsidiary of Holdco),” in each instance as the same appears therein. 
 Section 3. 

Conditions to Effectiveness 
 This
Supplemental Indenture shall become effective, on the date (the “Supplement Indenture Effective Date”) on which the Issuer shall have delivered an Officers’ Certificate stating that all conditions precedent set forth in this
Section 3 have been satisfied and such confirmation has been ratified by the Holders in writing. Upon the effectiveness of this Supplemental Indenture, the Indenture shall be supplemented in accordance herewith, and this Supplemental Indenture
shall form part of the Indenture for all purposes, and the Trustee, the Issuer and the Guarantors shall be bound hereby and thereby. 
 (a)
Counterparts. This Supplemental Indenture shall have been executed by all parties thereto and delivered to the Holders and the Trustee. 

(b) Senior Credit Facility. 

 The Senior Credit Facility shall have been amended on or prior to the Supplemental Indenture
Effective Date pursuant to documentation substantially in the form of Annex I to this Supplemental Indenture. 
 (c) Deliveries to the
Trustee. The Trustee shall have received Opinion of Counsel and Officers’ Certificate pursuant to Sections 9.06 and 13.04 of the Indenture. 

Section 4. 

Miscellaneous 
 (a) THE
INTERNAL LAW OF THE STATE OF NEW YORK (WITHOUT REGARD TO THE CONFLICTS OF LAWS PRINCIPLES THEREOF THAT WOULD REQUIRE THE APPLICATION OF LAWS OF ANY OTHER STATE) SHALL GOVERN AND BE USED TO CONSTRUE THIS SUPPLEMENTAL INDENTURE. 

(b) This Supplemental Indenture may be signed in various counterparts, which together will constitute one and the same instrument. Each signed
copy shall be an original, but all of them together represent the same agreement. 
 (c) This Supplemental Indenture is an amendment
supplemental to the Indenture, and the Indenture and this Supplemental Indenture will henceforth be read together. 
 (d) Except as amended
hereby, each provision of the Indenture shall remain in full force and effect and, as amended hereby, the Indenture is in all respects agreed to, ratified, and confirmed by the Issuer, the Guarantors and the Trustee. The consent of the Holders to
this Supplemental Indenture shall not constitute an amendment or waiver of any provision of the Indenture except to the extent expressly set forth herein, and shall not be construed as a waiver of or consent to any further or future action on the
part of the Issuer or any Guarantor or waiver of any Default or Event of Default, except to the extent expressly set forth herein. 
 (e)
Each Guarantor hereby reaffirms its obligations under its Guarantee and under Article 11 of the Indenture each as hereby amended by this Supplemental Indenture. The Issuer and each Guarantor hereby reaffirms its obligations under the Registration
Rights Agreement. 
 (f) If any court of competent jurisdiction shall determine that any provision in this Supplemental Indenture shall be
invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected or impaired thereby. 

(g) The recitals contained herein shall be taken as the statements of the Issuer and the Guarantors, and the Trustee assumes no responsibility
for their correctness. The Trustee makes no representations as to the validity or sufficiency of this Supplemental Indenture. 
 [REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK] 

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

			
	UNIVAR INC.
	as Issuer
		
	By:	 	

		 	  

	Name:	 	Thomas P. Martin
	Title:	 	Vice President and Treasurer
	
	 CHEMPOINT.COM INC.
 as
Guarantor

		
	By:	 	

		 	  

	Name:	 	Thomas P. Martin
	Title:	 	Vice President and Treasurer
	
	 UNIVAR USA INC.
 as
Guarantor

		
	By:	 	

		 	  

	Name:	 	Thomas P. Martin
	Title:	 	Vice President and Treasurer
	
	 UNIVAR HOLDCO LLC
 as
Guarantor

		
	By:	 	

		 	  

	Name:	 	Thomas P. Martin
	Title:	 	Treasurer
	
	 UNIVAR HOLDCO III LLC
 as
Guarantor

		
	By:	 	

		 	  

	Name:	 	Thomas P. Martin
	Title:	 	Treasurer
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION

as Trustee

		
	By:	 	
		 	  

	Name:	 	

  
 Supplemental Indenture Signature Page

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

			
	UNIVAR INC.
	as Issuer
		
	By:	 	
		 	  

	Name:	 	
	Title:	 	
	
	 CHEMPOINT.COM INC.
 as
Guarantor

		
	By:	 	
		 	  

	Name:	 	
	Title:	 	
	
	 UNIVAR USA INC.
 as
Guarantor

		
	By:	 	
		 	  

	Name:	 	
	Title:	 	
	
	 UNIVAR HOLDCO LLC
 as
Guarantor

		
	By:	 	
		 	  

	Name:	 	
	Title:	 	
	
	 UNIVAR HOLDCO III LLC
 as
Guarantor

		
	By:	 	
		 	  

	Name:	 	
	Title:	 	
	
	 WELLS FARGO BANK, NATIONAL ASSOCIATION

as Trustee

		
	By:	 	

		 	  

	Name:	 	Lynn M. Steiner
	Title:	 	Vice President

  
 Supplemental Indenture Signature Page

 EXHIBIT A 

FORM OF CONSENT TO SUPPLEMENTAL INDENTURE 

October [    ], 2012 

Pursuant to Section 9.02 of the Indenture, the undersigned Holders, constituting the Required Holders, hereby consent to the amendment of the Indenture
in the manner set forth in the Supplemental Indenture, to be dated as of the date hereof, among the Issuer, the Guarantors and the Trustee, in the form attached hereto (the “Supplemental Indenture”). By signing below, the Holders
represent that such consent is duly authorized and the signers have the requisite power to enter into this consent on behalf of the Holders. Capitalized terms used, but not defined, in this consent shall have the meaning defined (including by
reference) in the Supplemental Indenture. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the undersigned have caused this instrument to be duly executed as of the date first above
written. 
  

			
	APOLLO INVESTMENT CORPORATION
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	AIE EUROLUX S.À R.L.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	GSO COF FACILITY LLC
	By:	 	GSO Capital Partners LP as Collateral Manager
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	LOCUST STREET FUNDING LLC
	By:	 	FS Investment Corporation, as Sole Member
	By:	 	GSO / Blackstone Debt Funds Management LLC as Sub-Advisor
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 [Consent of Holders] 

 
			
	GSLP I OFFSHORE HOLDINGS FUND A, L.P.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	GSLP I OFFSHORE HOLDINGS FUND B, L.P.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	GSLP I OFFSHORE HOLDINGS FUND C, L.P.
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	GSLP I ONSHORE HOLDINGS FUND, L.L.C.
		
	By:	 	  

	Name:	 	
	Title:	 	

  
 [Consent of Holders] 

 
			
	JPM MEZZANINE CAPITAL, LLC
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	HIGHBRIDGE PRINCIPAL STRATEGIES – MEZZANINE PARTNERS DELAWARE SUBSIDIARY, LLC
	By:	 	Highbridge Principal Strategies Mezzanine Partners GP, L.P., as Company Manager
	By:	 	Highbridge Principal Strategies, LLC, its General Partner
	
	  

	Name:	 	
	Title:	 	
	
	HIGHBRIDGE PRINCIPAL STRATEGIES – INSTITUTIONAL MEZZANINE PARTNERS SUBSIDIARY, L.P.
	By:	 	Highbridge Principal Strategies Mezzanine Partners Offshore GP, L.P., as General Partner
	By:	 	Highbridge Principal Strategies, LLC, its General Partner
	
	  

	Name:	 	
	Title:	 	
	
	HIGHBRIDGE PRINCIPAL STRATEGIES – OFFSHORE MEZZANINE PARTNERS MASTER FUND, L.P.
	By:	 	Highbridge Principal Strategies Mezzanine Partners Offshore GP, L.P., its general partner
	By:	 	Highbridge Principal Strategies, LLC, its general partner
	
	  

	Name:	 	
	Title:	 	

  
 [Consent of Holders] 

 ANNEX I 

Third Amended and Restated Credit Agreement 

[See Attached.] 

  

 
 [Published CUSIP No.:
    ] 
 THIRD AMENDED AND RESTATED 

CREDIT AGREEMENT 
 Dated as of
October 11, 2007, 
 Amended and Restated on September 20, 2010, 

as further Amended and Restated on February 28, 2011, 

and 
 as further Amended and
Restated on [            ], 2012 
 among 

UNIVAR INC., 
 as the Borrower,

 The Several Lenders 
 from
Time to Time Parties Hereto 
 and 

BANK OF AMERICA, N.A., 
 as
Administrative Agent 
  
  

BANK OF AMERICA, N.A., 
 and 

[                    ], 

as Joint Lead Arrangers and Joint Bookrunners for the 

Third Amendment and Restatement 

[                    ], 

as Syndication Agent for the Third Amendment and Restatement 

[                    ] 

and 

[                    ], 

as Documentation Agents for the Third Amendment and Restatement 
  

 
  

 TABLE OF CONTENTS 
  

							
	 	 	 	  	Page	 
			
	 SECTION 1.
	 	 DEFINITIONS
	  	 	1	  
	 1.1.
	 	 Defined Terms
	  	 	1	  
	 1.2.
	 	 Other Interpretive Provisions
	  	 	41	  
	 1.3.
	 	 Accounting Terms
	  	 	41	  
	 1.4.
	 	 Rounding
	  	 	42	  
	 1.5.
	 	 References to Agreements, Laws, Etc.
	  	 	42	  
	 1.6.
	 	 Exchange Rates
	  	 	42	  
	 1.7.
	 	 Effect of Restatement
	  	 	42	  
			
	 SECTION 2.
	 	 AMOUNT AND TERMS OF CREDIT
	  	 	43	  
	 2.1.
	 	 Commitments
	  	 	43	  
	 2.2.
	 	 Minimum Amount of Borrowing; Maximum Number of Borrowings
	  	 	43	  
	 2.3.
	 	 Notice of Borrowing
	  	 	44	  
	 2.4.
	 	 Disbursement of Funds
	  	 	44	  
	 2.5.
	 	 Repayment of Loans; Evidence of Debt
	  	 	45	  
	 2.6.
	 	 Conversions and Continuations
	  	 	46	  
	 2.7.
	 	 Pro Rata Borrowings
	  	 	47	  
	 2.8.
	 	 Interest
	  	 	47	  
	 2.9.
	 	 Interest Periods
	  	 	48	  
	 2.10.
	 	 Increased Costs, Illegality, Etc.
	  	 	48	  
	 2.11.
	 	 Compensation
	  	 	50	  
	 2.12.
	 	 Change of Lending Office
	  	 	51	  
	 2.13.
	 	 Notice of Certain Costs
	  	 	51	  
	 2.14.
	 	 Incremental Facilities
	  	 	51	  
			
	 SECTION 3.
	 	 FEES; COMMITMENTS
	  	 	52	  
	 3.1.
	 	 Fees
	  	 	52	  
	 3.2.
	 	 Mandatory Termination of Commitments
	  	 	52	  
			
	 SECTION 4.
	 	 PAYMENTS
	  	 	53	  
	 4.1.
	 	 Voluntary Prepayments
	  	 	53	  
	 4.2.
	 	 Mandatory Prepayments
	  	 	53	  
	 4.3.
	 	 Method and Place of Payment
	  	 	55	  
	 4.4.
	 	 Net Payments
	  	 	55	  
	 4.5.
	 	 Computations of Interest and Fees
	  	 	58	  
	 4.6.
	 	 Limit on Rate of Interest
	  	 	58	  
			
	 SECTION 5.
	 	 CONDITIONS PRECEDENT TO THIRD RESTATEMENT EFFECTIVE DATE
	  	 	59	  
	 5.1.
	 	 Credit Documents
	  	 	59	  
	 5.2.
	 	 Legal Opinion
	  	 	59	  
	 5.3.
	 	 Authorization of Proceedings of Each Credit Party
	  	 	59	  

  
 -i- 

							
	 	 	 	  	Page	 
			
	 5.4.
	 	 Certificates
	  	 	59	  
	 5.5.
	 	 Amendment of ABL Credit Agreement
	  	 	59	  
	 5.6.
	 	 Amendment of Intercreditor Agreement
	  	 	60	  
	 5.7.
	 	 Fees
	  	 	60	  
			
	 SECTION 6.
	 	 CONDITIONS PRECEDENT TO ALL CREDIT EVENTS
	  	 	60	  
	 6.1.
	 	 No Default; Representations and Warranties
	  	 	60	  
	 6.2.
	 	 Notice of Borrowing
	  	 	60	  
			
	 SECTION 7.
	 	 REPRESENTATIONS, WARRANTIES AND AGREEMENTS
	  	 	60	  
	 7.1.
	 	 Corporate Status
	  	 	60	  
	 7.2.
	 	 Corporate Power and Authority; Enforceability
	  	 	61	  
	 7.3.
	 	 No Violation
	  	 	61	  
	 7.4.
	 	 Litigation
	  	 	61	  
	 7.5.
	 	 Margin Regulations
	  	 	61	  
	 7.6.
	 	 Governmental Approvals; Other Consents
	  	 	61	  
	 7.7.
	 	 Investment Company Act
	  	 	62	  
	 7.8.
	 	 Disclosure
	  	 	62	  
	 7.9.
	 	 Financial Condition; Financial Statements
	  	 	62	  
	 7.10.
	 	 Tax Matters
	  	 	62	  
	 7.11.
	 	 Compliance with ERISA
	  	 	63	  
	 7.12.
	 	 Subsidiaries
	  	 	63	  
	 7.13.
	 	 Intellectual Property
	  	 	63	  
	 7.14.
	 	 Environmental Laws
	  	 	64	  
	 7.15.
	 	 Properties
	  	 	64	  
	 7.16.
	 	 Solvency
	  	 	64	  
	 7.17.
	 	 Collateral
	  	 	64	  
	 7.18.
	 	 Insurance
	  	 	65	  
			
	 SECTION 8.
	 	 AFFIRMATIVE COVENANTS
	  	 	65	  
	 8.1.
	 	 Information Covenants
	  	 	65	  
	 8.2.
	 	 Books, Records and Inspections
	  	 	67	  
	 8.3.
	 	 Maintenance of Insurance
	  	 	68	  
	 8.4.
	 	 Payment of Taxes
	  	 	69	  
	 8.5.
	 	 Maintenance of Existence
	  	 	69	  
	 8.6.
	 	 Compliance with Statutes, Regulations, Etc.
	  	 	69	  
	 8.7.
	 	 Maintenance of Properties
	  	 	69	  
	 8.8.
	 	 Additional Guarantors and Grantors
	  	 	69	  
	 8.9.
	 	 Pledge of Additional Stock and Evidence of Indebtedness
	  	 	69	  
	 8.10.
	 	 Use of Proceeds
	  	 	70	  
	 8.11.
	 	 Further Assurances
	  	 	70	  
	 8.12.
	 	 End of Fiscal Years; Fiscal Quarters
	  	 	71	  
			
	 SECTION 9.
	 	 NEGATIVE COVENANTS
	  	 	71	  
	 9.1.
	 	 Limitation on Indebtedness
	  	 	71	  
	 9.2.
	 	 Limitation on Liens
	  	 	75	  

  
 -ii- 

							
	 	 	 	  	Page	 
			
	 9.3.
	 	 Limitation on Fundamental Changes
	  	 	77	  
	 9.4.
	 	 Limitation on Sale of Assets
	  	 	78	  
	 9.5.
	 	 Limitation on Investments
	  	 	80	  
	 9.6.
	 	 Limitation on Restricted Payments
	  	 	82	  
	 9.7.
	 	 Limitations on Debt Payments and Amendments
	  	 	83	  
	 9.8.
	 	 Transactions with Affiliates
	  	 	84	  
	 9.9.
	 	 [Reserved]
	  	 	85	  
	 9.10.
	 	 Changes in Business
	  	 	85	  
	 9.11.
	 	 Limitation on Restrictions on Distributions from Restricted Subsidiaries
	  	 	85	  
			
	 SECTION 10.
	 	 EVENTS OF DEFAULT
	  	 	87	  
	 10.1.
	 	 Payments
	  	 	87	  
	 10.2.
	 	 Representations, Etc.
	  	 	88	  
	 10.3.
	 	 Covenants
	  	 	88	  
	 10.4.
	 	 Default Under Other Agreements
	  	 	88	  
	 10.5.
	 	 Bankruptcy, Etc.
	  	 	88	  
	 10.6.
	 	 ERISA
	  	 	89	  
	 10.7.
	 	 Guarantee
	  	 	89	  
	 10.8.
	 	 Security Documents
	  	 	89	  
	 10.9.
	 	 Judgments
	  	 	89	  
	 10.10.
	 	 Change of Control
	  	 	89	  
			
	 SECTION 11.
	 	 THE AGENTS
	  	 	90	  
	 11.1.
	 	 Appointment
	  	 	90	  
	 11.2.
	 	 Delegation of Duties
	  	 	91	  
	 11.3.
	 	 Exculpatory Provisions
	  	 	91	  
	 11.4.
	 	 Reliance by Agents
	  	 	91	  
	 11.5.
	 	 Notice of Default
	  	 	92	  
	 11.6.
	 	 Non-Reliance on Administrative Agent, Collateral Agent and Other Lenders
	  	 	92	  
	 11.7.
	 	 Indemnification
	  	 	93	  
	 11.8.
	 	 Agents in Their Individual Capacities
	  	 	93	  
	 11.9.
	 	 Successor Agents
	  	 	93	  
	 11.10.
	 	 Withholding Tax
	  	 	94	  
			
	 SECTION 12.
	 	 MISCELLANEOUS
	  	 	94	  
	 12.1.
	 	 Amendments and Waivers
	  	 	94	  
	 12.2.
	 	 Notices
	  	 	97	  
	 12.3.
	 	 No Waiver; Cumulative Remedies
	  	 	97	  
	 12.4.
	 	 Survival of Representations and Warranties
	  	 	98	  
	 12.5.
	 	 Payment of Expenses
	  	 	98	  
	 12.6.
	 	 Successors and Assigns; Participations and Assignments
	  	 	99	  
	 12.7.
	 	 Replacements of Lenders Under Certain Circumstances
	  	 	104	  
	 12.8.
	 	 Adjustments; Set-off
	  	 	105	  
	 12.9.
	 	 Counterparts
	  	 	106	  

  
 -iii- 

							
	 	 	 	  	Page	 
			
	 12.10.
	 	 Severability
	  	 	106	  
	 12.11.
	 	 Integration
	  	 	106	  
	 12.12.
	 	 GOVERNING LAW
	  	 	106	  
	 12.13.
	 	 Submission to Jurisdiction; Waivers
	  	 	106	  
	 12.14.
	 	 Acknowledgments
	  	 	107	  
	 12.15.
	 	 WAIVERS OF JURY TRIAL
	  	 	108	  
	 12.16.
	 	 Confidentiality
	  	 	108	  
	 12.17.
	 	 Direct Website Communications
	  	 	109	  
	 12.18.
	 	 USA PATRIOT Act
	  	 	110	  
	 12.19.
	 	 Intercreditor Agreement
	  	 	110	  

 SCHEDULES 
  

			
	 Schedule 1.1(a)
	  	Mortgaged Properties
	 Schedule 1.1(c)(i)
	  	Excluded Subsidiaries
	 Schedule 1.1(e)
	  	Existing Indebtedness
	 Schedule 1.1(f)
	  	Debt Repayment
	 Schedule 7.4
	  	Litigation
	 Schedule 7.12
	  	Subsidiaries
	 Schedule 8.11
	  	Post-Closing Actions
	 Schedule 9.2
	  	Existing Liens
	 Schedule 9.5
	  	Existing Investments
	 Schedule 9.8
	  	Existing Affiliate Transactions
	 Schedule 12.2
	  	Notice Addresses

 EXHIBITS 
  

			
	Exhibit A	  	Form of Amended and Restated Mortgage (Real Property)
	Exhibit B	  	Form of Perfection Certificate
	Exhibit C	  	Form of Assignment and Acceptance
	Exhibit D	  	Form of Joinder Agreement
	Exhibit E	  	Form of U.S. Tax Compliance Certificate
	Exhibit F	  	Form of Intercreditor Agreement

  
 -iv- 

 THIRD AMENDED AND RESTATED CREDIT AGREEMENT, dated as of October 11, 2007, and amended and
restated as of September 20, 2010, further amended and restated as of February 28, 2011, and further amended and restated as of [    ], 2012, among UNIVAR INC., a Delaware corporation (the “Borrower”),
the registered lending institutions from time to time parties hereto (each a “Lender” and, collectively, the “Lenders”), BANK OF AMERICA, N.A., as Administrative Agent (such term and each other capitalized term used
but not defined in this preamble having the meaning provided in Section 1) and Collateral Agent. 
 WHEREAS, the Borrower, the
Lenders, the Administrative Agent and the Collateral Agent are parties to an Amended and Restated Credit Agreement, dated as of October 11, 2007 (as amended and restated on September 20, 2010, and as further amended and restated as of
February 28, 2011, the “Second Amended and Restated Credit Agreement”); and 
 WHEREAS, the Required Lenders (under
and as defined in the Second Amended and Restated Credit Agreement) have consented to the amendment and restatement of the Second Amended and Restated Credit Agreement on the terms and conditions set forth herein and in the Restatement Agreement
dated as of the Third Restatement Effective Date (the “Restatement Agreement”) amongst the parties hereto. 
 NOW,
THEREFORE, in consideration of the premises and the covenants and agreements contained herein, the parties hereto hereby agree as follows: 

SECTION 1. Definitions 

1.1. Defined Terms. 
 (a)
As used herein, the following terms shall have the meanings specified in this Section 1.1 unless the context otherwise requires (it being understood that defined terms in this Agreement shall include in the singular number the plural and
in the plural the singular): 
 “ABL Collateral Agent” shall mean the collateral agent under the ABL Facility. 

“ABL Credit Agreement” shall mean the Amended and Restated ABL Credit Agreement, dated September 20, 2010, by and among
the Credit Parties, the Canadian borrower party thereto, the lenders party thereto in their capacities as lenders thereunder, Bank of America and Bank of America (acting through its Canadian branch), as administrative agents and the other parties
named therein, as amended or otherwise modified on or prior to the date hereof and as such agreement may be further amended, supplemented, waived or otherwise modified from time to time or refunded, refinanced, restructured, replaced, renewed,
repaid, increased or extended from time to time (whether in whole or in part, whether with the original administrative agent and lenders or other agents and lenders or otherwise, and whether provided under the original ABL Credit Agreement or other
credit agreements or otherwise, unless such agreement or instrument expressly provides that it is not intended to be and is not an ABL Credit Agreement hereunder). Any reference to the ABL Credit Agreement hereunder shall be deemed a reference to
any ABL Credit Agreement then in existence. 
 “ABL Credit Agreement Amendment” shall mean Amendment No. 4 to the ABL
Credit Agreement. 

 “ABL Documents” shall mean the Credit Documents (or such corresponding term) as
defined in the ABL Credit Agreement, as the same may be amended, supplemented, waived, otherwise modified, extended, renewed, refinanced or replaced from time to time. 

“ABL Facility” shall mean the collective reference to the ABL Documents, any notes, guarantees, collateral documents and
account control agreements, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings or refinancings thereof and any indentures or credit facilities
or commercial paper facilities with banks or other institutional lenders or investors that replace, refund or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or
refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof. 
 “ABL Priority
Collateral” shall have the meaning set forth in the Intercreditor Agreement. 
 “ABR” shall mean for any day a
fluctuating rate per annum equal to the higher of (a) the Federal Funds Effective Rate plus 1/2 of 1%, (b) the rate of interest in effect for such day as publicly announced from time to time by the Administrative Agent as its
“prime rate” and (c) the LIBOR Rate (for the avoidance of doubt, after giving effect to the last sentence contained in the definition thereof) for a period of one month commencing on such date plus 1.00%. The “prime rate” is
a rate set by the Administrative Agent based upon various factors including the Administrative Agent’s costs and desired return, general economic conditions and other factors, and is used as a reference point for pricing some loans, which may
be priced at, above, or below such announced rate. Any change in the ABR due to a change in such rate announced by the Administrative Agent or in the Federal Funds Effective Rate or LIBOR Rate shall take effect at the opening of business on the day
specified in the public announcement of such change or on the effective date of such change in the Federal Funds Effective Rate, respectively. 

“ABR Loan” shall mean each Loan bearing interest at the rate provided in Section 2.8(a). 

“Acquired EBITDA” shall mean, with respect to any Acquired Entity or Business or any Converted Restricted Subsidiary (any of
the foregoing, a “Pro Forma Entity”) for any period, the amount for such period of Consolidated EBITDA of such Pro Forma Entity (determined using such definitions as if references to the Borrower and its Subsidiaries therein were to
such Pro Forma Entity and its Subsidiaries), all as determined on a consolidated basis for such Pro Forma Entity in a manner consistent with GAAP. 

“Acquired Entity or Business” shall have the meaning provided in the definition of the term “Consolidated EBITDA.”

 “Additional Term B Commitment” means with respect to the Additional Term B Lender, its commitment to make a Term B Loan
on the Third Restatement Effective Date in an amount equal to $[500-550],000,000. 

  
 -2- 

 “Additional Term B Joinder Agreement” means the joinder agreement, dated as of
the Third Restatement Effective Date, by and among the Borrower, the Administrative Agent and the Additional Term B Lender. 

“Additional Term B Lender” means the Person identified as such in the Additional Term B Joinder Agreement. 

“Additional Term B Loan” shall have the meaning set forth in Section 2.1(a). 

“Adjusted Total Term Loan Commitment” shall mean at any time the Total Term Loan Commitment less the Commitments of all
Defaulting Lenders. 
 “Administrative Agent” shall mean Bank of America, as the administrative agent for the Lenders under
this Agreement and the other Credit Documents, or any successor administrative agent pursuant to Section 11. 

“Administrative Agent’s Office” shall mean, with respect to any currency, the Administrative Agent’s address and,
as appropriate, account as set forth on Schedule 12.2 with respect to such currency, or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders. 

“Administrative Questionnaire” shall have the meaning provided in Section 12.6(b)(ii)(D). 

“Affiliate” shall mean, with respect to any Person, any other Person directly or indirectly controlling, controlled by, or
under direct or indirect common control with such Person. A Person shall be deemed to control a corporation if such Person possesses, directly or indirectly, the power to direct or cause the direction of the management and policies of such
corporation, whether through the ownership of voting securities, by contract or otherwise. 
 “Affiliated Debt Fund” shall
mean any Affiliate of a Sponsor that is primarily engaged in, or advises funds or other investment vehicles that are engaged in, making, purchasing, holding or otherwise investing in commercial loans, bonds and similar extensions of credit or
securities in the ordinary course and with respect to which the Sponsor does not, directly or indirectly, possess the power to direct or cause the direction of the investment policies of such entity. 

“Affiliated Lender” shall mean any Affiliated Debt Fund, Non-Debt Fund Affiliate or Purchasing Borrower Party. 

“Agent Parties” shall have the meaning provided in Section 12.17(d). 

“Agents” shall mean the Administrative Agent, the Collateral Agent and the Arrangers. 

“Agreement” shall mean this Third Amended and Restated Credit Agreement, as the same may be amended, supplemented or
otherwise modified from time to time. 

  
 -3- 

 “Applicable Amount” shall mean, at any time (the “Reference
Time”), an amount equal to (a) the sum, without duplication, of: 
 (i) an amount equal to the greater of
(x) zero and (y) 50% of Cumulative Consolidated Net Income for the period from the first day of the first fiscal quarter commencing after the Closing Date until the last day of the then most recent fiscal quarter for which Section 8.1
Financials have been delivered; and 
 (ii) the amount of any capital contributions (other than (A) [Reserved],
(B) any amount added back in the definition of Consolidated EBITDA pursuant to clause (a)(vii) thereof, (C) any contributions in respect of Disqualified Equity Interests and (D) any amount applied to make Restricted Payments
pursuant to Section 9.6(a), Section 9.6(f) or payments made in reliance on clause (iii) to the proviso to the first sentence of Section 9.7(a) in each case of the Original Credit Agreement) made in cash to,
or any proceeds of an equity issuance received by, the Borrower from and including the Business Day immediately following the Closing Date through and including the Reference Time, including proceeds from the issuance of Stock or Stock Equivalents
of any direct or indirect parent of the Borrower, 
 minus (b) the aggregate amount of Investments made pursuant to
Section 9.5(i)(y) following the Closing Date and prior to the Reference Time. 
 “Applicable Margin” shall
mean, for purposes of calculating the applicable interest rate for any day for any Term B Loan that is (i) an ABR Loan, 2.50% or (ii) a LIBOR Loan, 3.50%. 

“Approved Fund” shall mean any Fund 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. 
 “Arrangers” shall mean Bank of
America and [                    ]. 

“Asset Sale Prepayment Event” shall mean any Disposition of any business units, assets or other property of the Borrower or
any of the Restricted Subsidiaries not in the ordinary course of business (including any Disposition of any Stock or Stock Equivalents of any Subsidiary of the Borrower owned by the Borrower or a Restricted Subsidiary and any issuance of Stock or
Stock Equivalents by any Restricted Subsidiary). Notwithstanding the foregoing, the term “Asset Sale Prepayment Event” shall not include any transaction permitted by Section 9.4 (other than transactions permitted by
Section 9.4(b)). 
 “Assignment and Acceptance” shall mean an assignment and acceptance substantially in the
form of Exhibit C, or such other form as may be approved by the Administrative Agent. 
 “Auction Agent” means
(a) the Administrative Agent or (b) any other financial institution or advisor employed by the Borrower (whether or not an Affiliate of the Administrative Agent) to act as an arranger in connection with any offer contemplated by
Section 12.6(j); provided that the Borrower shall not designate the Administrative Agent as the Auction Agent without the written consent of the Administrative Agent (it being understood that the Administrative Agent shall be
under no obligation to agree to act as the Auction Agent). 

  
 -4- 

 “Authorized Officer” shall mean the President, the Chief Financial Officer, the
Treasurer, the Vice President-Finance or any other senior officer of the Borrower (or any other general officers authorized by the board of directors) designated as such in writing to the Administrative Agent by the Borrower. 

“Bank of America” shall mean Bank of America, N.A. and its successors. 

“Benefited Lender” shall have the meaning provided in Section 12.8(a). 

“Board” shall mean the Board of Governors of the Federal Reserve System of the United States (or any successor). 

“Borrower” shall have the meaning provided in the preamble. 

“Borrower Materials” shall have the meaning provided in Section 12.17(c). 

“Borrowing” shall mean the incurrence of one Type of Term Loan on a single date (or resulting from conversions on a single
date) having, in the case of LIBOR Loans, the same Interest Period (provided that ABR Loans incurred pursuant to Section 2.10(b) shall be considered part of any related Borrowing of LIBOR Loans). For the avoidance of doubt, the
conversion of a LIBOR Loan into an ABR Loan (or vice versa), the continuation or selection of any Interest Period shall not, in each case, constitute a Credit Event. 

“Business Day” shall mean any day excluding Saturday, Sunday and any day that in the jurisdiction where the Administrative
Agent’s Office is located shall be a legal holiday or a day on which banking institutions are authorized by law or other governmental actions to close; provided, however, if such day relates to any interest rate settings as to a
LIBOR Loan, such day shall be a day on which dealings in deposits in Dollars are conducted by and between banks in the London interbank eurodollar market. 

“Capital Expenditures” shall mean, for any period, the aggregate of all expenditures (whether paid in cash or accrued as
liabilities and including in all events all amounts expended or capitalized under Capital Leases) by the Borrower and the Restricted Subsidiaries during such period that, in conformity with GAAP, are or are required to be included as capital
expenditures on a consolidated statement of cash flows of the Borrower and its Subsidiaries. 
 “Capital Lease” shall mean,
as applied to any Person, any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is, or is required to be, accounted for as a capital lease on the balance sheet of that Person. 

“Capitalized Lease Obligations” shall mean, as applied to any Person, all obligations under Capital Leases of such Person or
any of its Subsidiaries, in each case taken at the amount thereof accounted for as liabilities in accordance with GAAP. 

  
 -5- 

 “Cash Management Agreement” shall mean (i) any agreement or arrangement to
provide cash management services, including treasury, depository, overdraft, credit or debit card (including non-card electronic payable services), purchase card, electronic funds transfer and other cash management arrangements and (ii) any
other agreement (including, without limitation, any agreement which states that it is a “Cash Management Agreement” for purposes of this Agreement) other than an agreement relating to Indebtedness incurred in reliance on
Section 9.1(a)(y), Section 9.1(i) or Section 9.1(m). 
 “Cash Management Bank” shall
mean any Person that, either (x) at the time it enters into a Cash Management Agreement or (y) on the Closing Date, was a Lender or an Affiliate of a Lender, in its capacity as a party to such Cash Management Agreement. 

“Casualty Event” shall mean, with respect to any property of any Person, any loss of or damage to, or any condemnation or
other taking by a Governmental Authority of, such property for which such Person or any of its Restricted Subsidiaries receives insurance proceeds, or proceeds of a condemnation award or other compensation. 

“CD&R” Clayton, Dubilier & Rice, LLC and any successor in interest thereto, and any successor to its investment
management business. 
 “CD&R Group” means (a) CD&R, (b) Clayton, Dubilier & Rice Fund VIII,
L.P. and its successors in interest, (c) any investment fund or vehicle managed, sponsored or advised by CD&R or any Affiliate thereof, and any Affiliate of or successor to any such investment fund or vehicle and (d) any limited or
general partners of, or other investors in, any entity described in clause (b) above or any Affiliate thereof, or any such investment fund or vehicle. 

“Change in Law” shall mean (a) the adoption of any law, treaty, order, policy, rule or regulation after the Closing
Date, (b) any change in any law, treaty, order, policy, rule or regulation or in the interpretation or application thereof by any Governmental Authority after the Closing Date or (c) any guideline, request or directive issued or made after
the Closing Date by any central bank or other governmental or quasi-governmental authority (whether or not having the force of law) that requires compliance by a Lender. 

“Change of Control” shall mean and be deemed to have occurred if (a) prior to a Qualified IPO the Permitted Investors
shall at any time not beneficially own, in the aggregate, directly or indirectly, at least 50% of the voting power of the outstanding Voting Stock of (x) so long as the Borrower is a Subsidiary of any Parent Entity, such Parent Entity (other
than a Parent Entity that is a Subsidiary of a Parent Entity) and (y) if the Borrower is not a Subsidiary of a Parent Entity, the Borrower; or (b) after a Qualified IPO, any person, entity or “group” (within the meaning of
Section 13(d) or 14(d) of the Securities Exchange Act of 1934, as amended), other than one or more Permitted Investors, shall at any time have acquired direct or indirect beneficial ownership of a percentage of the voting power of the
outstanding Voting Stock of (x) so long as the Borrower is a Subsidiary of any Parent Entity, such Parent Entity (other than a Parent Entity that is a Subsidiary of a Parent Entity) and (y) if the Borrower is not a Subsidiary of a Parent
Entity, the Borrower that (i) exceeds 35% of the outstanding Voting Stock of such Parent Entity (other than a Parent Entity that is a Subsidiary of a Parent Entity) or the Borrower, as applicable and (ii) exceeds the percentage of the
voting power of such Voting Stock then beneficially 

  
 -6- 

 
owned, in the aggregate, by the Permitted Investors, unless, in the case of either clause (a) or (b) above, the Permitted Investors have, at such time, the right or the
ability by voting power, contract or otherwise to elect or designate for election at least a majority of the board of directors of (x) so long as the Borrower is a Subsidiary of any Parent Entity, such Parent Entity (other than a Parent Entity
that is a Subsidiary of a Parent Entity) and (y) if the Borrower is not a Subsidiary of a Parent Entity, the Borrower; or (c) Continuing Directors shall not constitute at least a majority of the board of directors of the Borrower; or
(d) at any time, a Change of Control (as defined in any agreement governing Junior Indebtedness) shall have occurred. 

“Claims” shall have the meaning provided in the definition of “Environmental Claims.” 

“Class,” when used in reference to any Loan or Borrowing, shall refer to whether such Loan, or the Loans comprising such
Borrowing, are Term B Loans or New Term Loans (of each Series) and, when used in reference to any Commitment, refers to whether such Commitment is the Additional Term B Commitment or a New Term Loan Commitment (of each Series). 

“Closing Date” shall mean October 11, 2007. 

“Code” shall mean the Internal Revenue Code of 1986, as amended from time to time. Section references to the Code are to the
Code, as in effect at the Closing Date, and any subsequent provisions of the Code, amendatory thereof, supplemental thereto or substituted therefor. 

“Collateral” shall mean all property pledged or purported to be pledged pursuant to the Security Documents. 

“Collateral Agent” shall mean Bank of America, as collateral agent under the Security Documents, or any successor collateral
agent pursuant to Section 11. 
 “Commitments” shall mean, with respect to each Lender (to the extent
applicable), such Lender’s Additional Term B Loan Commitment and New Term Loan Commitment with respect to any Series. 

“Communications” shall have the meaning provided in Section 12.17(a). 

“Confidential Information” shall have the meaning provided in Section 12.16. 

“Consolidated EBITDA” shall mean, for any period, Consolidated Net Income for such period, plus: 

(a) without duplication and to the extent deducted (and not added back) in arriving at such Consolidated Net Income, the
sum of the following amounts for the Borrower and the Restricted Subsidiaries for such period: 
 (i) total interest
expense, 

  
 -7- 

 (ii) provision for taxes based on income, profits or capital (or any alternative
in lieu of), including federal, foreign state, franchise, excise and similar taxes and foreign withholding taxes paid or accrued during such period, including any penalties and interest relating to any tax examinations, including payments made
pursuant to any tax sharing agreements or arrangements among the Borrower, its Restricted Subsidiaries and any direct or indirect parent company of the Borrower (so long as such tax sharing payments are attributable to the operations of the Borrower
and its Restricted Subsidiaries), 
 (iii) depreciation and amortization, 

(iv) extraordinary losses and unusual or non-recurring charges, including, without limitation, severance costs, relocation
costs and integration and facilities opening costs including in connection with any Investment or Disposition, 
 (v) the
amount of any interest expense of any minority interest, 
 (vi) management, monitoring, consulting and advisory fees and
related expenses paid to the Sponsor in an amount not to exceed the maximum amount permitted under clause (a) of the first proviso in Section 9.8, 

(vii) any cash costs or expenses pursuant to any management equity plan or stock option plan or any other management or
employee benefit plan or agreement or any stock subscription or shareholder agreement, to the extent that such costs or expenses are funded with cash proceeds contributed to the capital of the Borrower or net cash proceeds of an issuance of Stock or
Stock Equivalents (other than Disqualified Equity Interests) of the Borrower (provided such capital contributions have not been applied to increase the “Applicable Amount” pursuant to clause (ii) of the definition
thereof), 
 (viii) [Reserved], 

(ix) to the extent covered by insurance and actually reimbursed, or, so long as the Borrower has made a determination that
there exists reasonable evidence that such amount will in fact be reimbursed by the insurer and only to the extent that such amount is (A) not denied by the applicable carrier in writing within 180 days and (B) in fact reimbursed within
365 days of the date of such evidence (with a deduction for any amount so added back to the extent not so reimbursed within such 365 days), expenses with respect to liability or casualty events or business interruption, 

(x) any fees, costs, commissions, expenses or other charges incurred during such period in connection with the Transaction, any
other acquisition, investment, recapitalization, asset disposition, issuance or repayment of debt, issuance of equity securities or amendment or modification to any Indebtedness and any non-recurring costs relating to corporate reorganizations (in
each case, including any such transaction undertaken but not completed) and any charges during such period as a result of any such transaction, 

  
 -8- 

 (xi) expenses to the extent covered by contractual indemnification or refunding
provisions in favor of the Borrower or a Restricted Subsidiary and actually paid or refunded, or, so long as the Borrower has made a determination that there exists reasonable evidence that such amount will in fact be paid or refunded by the
indemnifying party or other obligor and only to the extent that such amount is (A) not denied by the applicable indemnifying party or obligor in writing within 90 days and (B) in fact reimbursed within 180 days of the date of such evidence
(with a deduction for any amount so added back to the extent not so reimbursed within such 180 days), 
 (xii) any non-cash
increase in expenses (A) resulting from the revaluation of inventory (including any impact of changes to inventory valuation policy methods including changes in capitalization of variances) or (B) due to purchase accounting and other
charges associated with the Transactions and the Restatement Transactions, 
 (xiii) the amount of loss from the early
extinguishment of Indebtedness or Hedge Agreements or other derivative instruments, and 
 (xiv) any other non-cash charges
or expenses reducing Consolidated Net Income except to the extent representing accruals or reserves for future cash expenditures, 

less 
 (b)
without duplication and to the extent included in arriving at such Consolidated Net Income, the sum of the following amounts for the Borrower and its Restricted Subsidiaries for such period: 

(i) extraordinary gains and unusual or non-recurring gains, 

(ii) non-cash gains (excluding any non-cash gain to the extent it represents the reversal of an accrual or reserve for a
potential cash item that reduced Consolidated EBITDA in any prior period), 
 (iii) gains on asset sales (other than asset
sales in the ordinary course of business), and 
 (iv) any net after-tax income from the early extinguishment of Indebtedness
or Hedge Agreements or other derivative instruments, 
 in each case, as determined on a consolidated basis for the Borrower and the Restricted Subsidiaries
in accordance with GAAP; provided that 
 (i) to the extent included in Consolidated Net Income, there shall be
excluded in determining Consolidated EBITDA currency translation gains and losses related to currency remeasurements of Indebtedness or intercompany balances (including the net loss or gain resulting from Hedge Agreements for currency exchange
risk), 

  
 -9- 

 (ii) there shall be included in determining Consolidated EBITDA for any period,
without duplication, (A) the Acquired EBITDA of any Person, property, business or asset acquired by the Borrower or any Restricted Subsidiary following the first day of such period (but not the Acquired EBITDA of any related Person, property,
business or assets to the extent not so acquired) to the extent not subsequently sold, transferred, abandoned or otherwise disposed by the Borrower or such Restricted Subsidiary (each such Person, property, business or asset acquired and not
subsequently so disposed of, an “Acquired Entity or Business”) and the Acquired EBITDA of any Unrestricted Subsidiary that is converted into a Restricted Subsidiary during such period (each, a “Converted Restricted
Subsidiary”), based on the actual Acquired EBITDA of such Acquired Entity or Business or Converted Restricted Subsidiary for such period (including the portion thereof occurring prior to such acquisition or conversion) and (B) other
than for purposes of determining the Applicable Amount, an adjustment in respect of each Acquired Entity or Business equal to the amount of the Pro Forma Adjustment with respect to such Acquired Entity or Business for such period (including the
portion thereof occurring prior to such acquisition) as specified in a Pro Forma Adjustment Certificate and delivered to the Lenders and the Administrative Agent, and 

(iii) to the extent included in Consolidated Net Income, there shall be excluded in determining Consolidated EBITDA for any
period the Disposed EBITDA of any Person, property, business or asset (other than an Unrestricted Subsidiary) sold, transferred, abandoned or otherwise disposed of, closed or classified as discontinued operations by the Borrower or any Restricted
Subsidiary following the first day of such period (each such Person, property, business or asset so sold or disposed of, a “Sold Entity or Business”), and the Disposed EBITDA of any Restricted Subsidiary that is converted into an
Unrestricted Subsidiary following the first day of such period (each, a “Converted Unrestricted Subsidiary”) based on the actual Disposed EBITDA of such Sold Entity or Business or Converted Restricted Subsidiary for such period
(including the portion thereof occurring prior to such sale, transfer or disposition or conversion). 
 “Consolidated Interest
Coverage Ratio” shall mean, as of any date of determination, the ratio of (a) Consolidated EBITDA for the relevant Test Period to (b) Consolidated Interest Expense for such Test Period. 

“Consolidated Interest Expense” shall mean, for any period, the total interest expense (including, without limitation,
interest expense attributable to Capital Leases and all net payment obligations actually made in cash pursuant to Hedge Agreements but excluding commitment fees, letter of credit fees and non-cash amortization of loan costs) of the Borrower and its
Restricted Subsidiaries, net of all interest income of the Borrower and its Restricted Subsidiaries, all determined for such period on a consolidated basis, without duplication, in accordance with GAAP. 

“Consolidated Net Income” shall mean, for any period, the net income (loss) of the Borrower and the Restricted Subsidiaries
for such period determined on a consolidated basis in accordance with GAAP, excluding, without duplication, 
 (a)
extraordinary items for such period, 

  
 -10- 

 (b) the cumulative effect of a change in accounting principles during such period
to the extent included in Consolidated Net Income, 
 (c) in the case of any period that includes a period ending prior to or
during the fiscal quarter ending June 30, 2011, fees and expenses in connection with the Restatement Transactions, 

(d) any income (loss) for such period attributable to the early extinguishment of Indebtedness or to Hedge Agreements or other
derivative instruments, 
 (e) [reserved], and 

(f) the income (loss) for such period of any Person that is not a Restricted Subsidiary, except to the extent distributed to
the Borrower or any Restricted Subsidiary. 
 There shall be excluded from Consolidated Net Income for any period the purchase accounting effects of
adjustments to inventory, property, equipment and intangible assets and deferred revenue in component amounts required or permitted by GAAP and related authoritative pronouncements (including the effects of such adjustments pushed down to the
Borrower and the Restricted Subsidiaries), as a result of the Transactions and the Restatement Transactions, any consummated acquisition whether consummated before or after the Closing Date, or the amortization or write-off of any amounts thereof.

 “Consolidated Senior Secured Debt” shall mean Consolidated Total Debt but excluding (i) from clause
(a) of the definition thereof, any Indebtedness that is not secured by a Lien on any assets of the Borrower or any of its Restricted Subsidiaries and (ii) from clause (b) of the definition thereof, the cash proceeds from
any New Term Loans. 
 “Consolidated Senior Secured Leverage Ratio” shall mean, as of any date of determination, the ratio
of (a) Consolidated Senior Secured Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period. 

“Consolidated Total Assets” shall mean, as of any date of determination, the amount that would, in conformity with GAAP, be
set forth opposite the caption “total assets” (or any like caption) on a consolidated balance sheet of the Borrower and the Restricted Subsidiaries at such date. 

“Consolidated Total Debt” shall mean, as of any date of determination, (a) all Indebtedness of the Borrower and the
Restricted Subsidiaries on such date to the extent appearing on the balance sheet of the Borrower determined on a consolidated basis in accordance with GAAP (plus, without duplication, any unamortized deferred financing fees which result in such
balance sheet amount being reflected at less than its principal amount) minus (b) the aggregate amount of cash and cash equivalents in excess of $20,000,000 included in the cash and cash equivalents accounts listed on the balance sheet
of the Borrower and the Restricted Subsidiaries as at such date determined on a consolidated basis in accordance with GAAP excluding any cash subject to a Lien other than nonconsensual Permitted Liens and Liens permitted by
Section 9.2(m). 

  
 -11- 

 “Consolidated Total Leverage Ratio” shall mean, as of any date of determination,
the ratio of (a) Consolidated Total Debt as of the last day of the relevant Test Period to (b) Consolidated EBITDA for such Test Period. 

“Consolidated Working Capital” shall mean, at any date, the excess of (a) the sum of all amounts (other than cash and
cash equivalents) that would, in conformity with GAAP, be set forth opposite the caption “total current assets” (or any like caption) on a consolidated balance sheet of the Borrower and the Restricted Subsidiaries at such date over
(b) the sum of all cash amounts that would, in conformity with GAAP, be set forth opposite the caption “total current liabilities” (or any like caption) on a consolidated balance sheet of the Borrower and the Restricted Subsidiaries
on such date, including deferred revenue but excluding, without duplication, (i) the current portion of any Funded Debt and (ii) all Indebtedness consisting of Loans to the extent otherwise included therein. 

“Continuing Director” shall mean, at any date, an individual (a) who is a member of the board of directors of the
Borrower on the Closing Date, (b) who has been nominated to be a member of such board of directors, directly or indirectly, by a Sponsor or Persons nominated by a Sponsor or (c) who has been nominated to be a member of such board of
directors by a majority of the other Continuing Directors then in office. 
 “Contractual Requirement” shall have the
meaning provided in Section 7.3. 
 “Converted Restricted Subsidiary” shall have the meaning provided in the
definition of the term “Consolidated EBITDA.” 
 “Converted Unrestricted Subsidiary” shall have the meaning
provided in the definition of the term “Consolidated EBITDA.” 
 “Credit Documents” shall mean this Agreement,
the Guarantees, the Security Documents, the Restatement Agreement and any promissory notes issued by the Borrower hereunder, as the same may be amended, supplemented, waived, otherwise modified, extended, renewed, refinanced or replaced from time to
time. 
 “Credit Event” shall mean and include the making (but not the conversion or continuation) of a Term Loan. 

“Credit Facility” shall mean a Class of Term Loans (and, if applicable, the corresponding Class of Commitments). 

“Credit Party” shall mean each of the Borrower and the Guarantors. 

“Cumulative Consolidated Net Income” shall mean, for any period, Consolidated Net Income for such period, taken as a single
accounting period. Cumulative Consolidated Net Income may be a positive or negative amount. 
 “CVC” shall mean CVC Capital
Partners Group Sarl. 

  
 -12- 

 “Debt Incurrence Prepayment Event” shall mean any issuance or incurrence by the
Borrower or any of the Restricted Subsidiaries of any Indebtedness (excluding any Indebtedness permitted to be issued or incurred under Section 9.1). 

“Default” shall mean any event, act or condition that with notice or lapse of time, or both, would constitute an Event of
Default. 
 “Defaulting Lender” shall mean any Lender with respect to which a Lender Default is in effect. 

“Deferred Net Cash Proceeds” shall have the meaning provided such term in the definition of “Net Cash Proceeds.”

 “Deferred Net Cash Proceeds Payment Date” shall have the meaning provided such term in the definition of “Net Cash
Proceeds.” 
 “Designated Non-Cash Consideration” shall mean the fair market value of non-cash consideration received
by the Borrower or a Restricted Subsidiary in connection with a Disposition pursuant to Section 9.4(b) or Section 9.4(c) that is designated as Designated Non-Cash Consideration pursuant to a certificate of an Authorized
Officer of the Borrower, setting forth the basis of such valuation (which amount will be reduced by the fair market value of the portion of the non-cash consideration converted to cash following the consummation of the applicable Disposition). 

“Disposed EBITDA” shall mean, with respect to any Sold Entity or Business or any Converted Unrestricted Subsidiary for any
period, the amount for such period of Consolidated EBITDA of such Sold Entity or Business or Converted Unrestricted Subsidiary (determined as if references to the Borrower and the Restricted Subsidiaries in the definition of Consolidated EBITDA were
references to such Sold Entity or Business or Converted Unrestricted Subsidiary and its respective Subsidiaries), all as determined on a consolidated basis for such Sold Entity or Business or Converted Unrestricted Subsidiary, as the case may be.

 “Disposition” shall have the meaning provided in Section 9.4(1). 

“Disqualified Equity Interests” shall mean any Stock or Stock Equivalent which, by its terms (or by the terms of any security
or other Stock or Stock Equivalent into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Qualified Equity Interests),
pursuant to a sinking fund obligation or otherwise, (b) is redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests), in whole or in part, (c) provides for scheduled mandatory payments of dividends
(other than dividends payable solely in the form of Qualified Equity Interests), or (d) is or becomes convertible into or exchangeable for Indebtedness or any other Stock or Stock Equivalent that would constitute Disqualified Equity Interests,
in each case, unless any provisions set forth in clause (a) through (d) above do not apply prior to the earlier of (x) the date that is 180 days after the Final Maturity Date, (y) the date such payment would be
permitted to be made pursuant to this Agreement or (z) in the case of clause (a) above, following the repayment of all Loans and all other Obligations that are accrued and payable and the termination of all Commitments. 

  
 -13- 

 “Dollars” and “$” shall mean dollars in lawful currency of the
United States of America. 
 “Domestic Subsidiary” shall mean each Subsidiary of the Borrower that is organized under the
laws of the United States (within the meaning of Section 7701(a)(9) of the Code). 
 “Environmental Claims” shall mean
any and all actions, suits, orders, decrees, demands, demand letters, claims, liens, notices of noncompliance, violation or potential responsibility or investigation (other than internal reports prepared by the Parent, the Borrower or any of the
Subsidiaries (a) in the ordinary course of such Person’s business or (b) as required in connection with a financing transaction or an acquisition or disposition of real estate) or proceedings relating in any way to any Environmental
Law or any permit issued, or any approval given, under any such Environmental Law (hereinafter, “Claims”), including, without limitation, (i) any and all Claims by governmental or regulatory authorities for enforcement,
cleanup, removal, response, remedial or other actions or damages pursuant to any applicable Environmental Law and (ii) any and all Claims by any third party seeking damages, contribution, indemnification, cost recovery, compensation or
injunctive relief relating to the presence, Release or threatened Release of Hazardous Materials or arising from alleged injury or threat of injury to health or safety (to the extent relating to human exposure to Hazardous Materials), or the
environment including, without limitation, ambient air, surface water, groundwater, land surface and subsurface strata and natural resources such as wetlands. 

“Environmental Law” shall mean any applicable federal, state, provincial, foreign or local statute, law, rule, regulation,
ordinance, code and rule of common law now or hereafter in effect and in each case as amended, and any binding judicial or administrative interpretation thereof, including any binding judicial or administrative order, consent decree or judgment,
relating to pollution or the protection of the environment, including, without limitation, ambient air, indoor air, surface water, groundwater, land surface and subsurface strata and natural resources such as wetlands, or human health or safety (to
the extent relating to human exposure to Hazardous Materials), or Hazardous Materials. 
 “ERISA” shall mean the Employee
Retirement Income Security Act of 1974, as amended from time to time. Section references to ERISA are to ERISA as in effect at the date of this Agreement and any subsequent provisions of ERISA amendatory thereof, supplemental thereto or substituted
therefor. 
 “ERISA Affiliate” shall mean each person (as defined in Section 3(9) of ERISA) that together with the
Borrower or any Subsidiary would be deemed to be a “single employer” within the meaning of Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a
single employer under Section 414 of the Code. 
 “Event of Default” shall have the meaning provided in
Section 10. 

  
 -14- 

 “Excess Cash Flow” shall mean, for any period, an amount equal to the excess of

 (a) the sum, without duplication, of 

(i) Consolidated Net Income for such period, 

(ii) an amount equal to the amount of all non-cash charges to the extent deducted in arriving at such Consolidated Net Income,

 (iii) an amount equal to the provision for taxes based on income, profits or capital of the Borrower and the Restricted
Subsidiaries, including federal, foreign, state, franchise, excise and similar taxes and foreign withholding taxes paid during such period (or accrued during such period and payable within 180 days after the last day of such period) to the extent
deducted in arriving at such Consolidated Net Income, 
 (iv) decreases in Consolidated Working Capital for such period
(other than any such decreases arising from acquisitions by the Borrower and the Restricted Subsidiaries completed during such period), 

(v) an amount equal to the aggregate consolidated net non-cash loss on the sale, lease, transfer or other disposition of assets
by the Borrower and the Restricted Subsidiaries during such period (other than sales, leases, transfers or other dispositions in the ordinary course of business) to the extent deducted in arriving at such Consolidated Net Income, and 

(vi) consolidated cash receipts in respect of Swap Contracts during such fiscal year to the extent not otherwise included in
Consolidated Net Income;  
 over 

(b) the sum, without duplication, of 

(i) an amount equal to the amount of all non-cash credits included in arriving at such Consolidated Net Income and cash charges
described in clauses (a) through (e) of the definition of “Consolidated Net Income” and included in arriving at such Consolidated Net Income, 

(ii) the consolidated amount of Capital Expenditures made in cash during such period, except to the extent that such Capital
Expenditures were financed with the proceeds of Indebtedness, a sale of Stock or Stock Equivalents of the Borrower, any Disposition (other than Dispositions in the ordinary course) or any Casualty Event, 

(iii) the aggregate consolidated amount of all principal payments of Indebtedness of the Borrower and the Restricted
Subsidiaries (including (A) the principal component of payments in respect of Capitalized Lease Obligations and (B) the amount of any repayment of Term Loans pursuant to Section 2.5 but excluding

  
 -15- 

 
all other prepayments of Term Loans and (y) all prepayments of loans under the ABL Facility made during such period (other than in respect of any revolving credit facility to the extent
there is not an equivalent permanent reduction in commitments thereunder), except to the extent financed with the proceeds of other Indebtedness, a sale of Stock or Stock Equivalents of the Borrower, any Disposition (other than Dispositions in the
ordinary course) or any Casualty Event, 
 (iv) an amount equal to the aggregate net non-cash gain on the sale, lease,
transfer or other disposition of assets by the Borrower and the Restricted Subsidiaries during such period (other than sales in the ordinary course of business) to the extent included in arriving at such Consolidated Net Income, 

(v) increases in Consolidated Working Capital for such period (other than any such increases arising from acquisitions by
the Borrower and the Restricted Subsidiaries completed during such period), 
 (vi) payments by the Borrower and the
Restricted Subsidiaries during such period in respect of long-term liabilities of the Borrower and the Restricted Subsidiaries other than Indebtedness to the extent not deducted in determining such Consolidated Net Income, except to the extent
financed with the proceeds of Indebtedness, a sale of Stock or Stock Equivalents of the Borrower, any Disposition (other than Dispositions in the ordinary course) or any Casualty Event, 

(vii) the aggregate amount of cash consideration paid by the Borrower and the Restricted Subsidiaries (on a consolidated
basis) in connection with Investments (including acquisitions) made during such period pursuant to Section 9.5 (other than Section 9.5(b)) to the extent that such Investments were financed with internally generated cash flow
of the Borrower and the Restricted Subsidiaries, 
 (viii) the amount of Restricted Payments paid during such period (on
a consolidated basis) by the Borrower and the Restricted Subsidiaries to the extent such dividends were financed with internally generated cash flow of the Borrower and the Restricted Subsidiaries, 

(ix) the amount of taxes (including penalties and interest) paid in cash in such period, 

(x) cash expenditures in respect of Swap Contracts during such fiscal year to the extent not deducted in arriving at such
Consolidated Net Income; and 
 (xi) at the Borrower’s election, without duplication of amounts deducted from
Excess Cash Flow in prior periods, the aggregate consideration required to be paid in cash by the Borrower or any of its Subsidiaries pursuant to binding contracts (the “Contract Consideration”) entered into prior to or during such
period relating to Permitted Acquisitions, Investments, Capital Expenditures or acquisitions of intellectual property to be consummated or made during the period 

  
 -16- 

 
of four consecutive fiscal quarters of the Borrower following the end of such period; provided that, to the extent the aggregate amount of internally generated cash flow actually utilized
to finance such Permitted Acquisitions, Capital Expenditures or acquisitions of intellectual property during such period of four consecutive fiscal quarters is less than the Contract Consideration, the amount of such shortfall shall be added to the
calculation of Excess Cash Flow at the end of such period of four consecutive fiscal quarters. 
 “Excluded Assets” shall
mean (i) any lease, license, contract, property right or agreement to which any Credit Party is a party or any of such Credit Party’s rights or interests thereunder if and only for so long as the grant of a security interest therein under
any Credit Document shall constitute or result in a breach, termination or default or invalidity under such lease, license, contract, property right or agreement (other than to the extent that any such term would be rendered ineffective pursuant to
Section 9-406, 9-407, 9-408 or 9-409 of the UCC of any relevant jurisdiction or any other applicable law); provided that such lease, license, contract, property right or agreement shall be an Excluded Asset only to the extent and for so
long as the consequences specified above shall exist and shall cease to be an Excluded Asset and shall become subject to the security interest granted under the Security Documents, immediately and automatically, at such time as such consequences
shall no longer exist; (ii) any interests in real property that constitutes a leasehold of any Credit Party; (iii) any Excluded Stock and Stock Equivalents; (iv) all properties and assets of the Credit Parties secured by Indebtedness
permitted by Section 9.1(f) so long as the granting of a Lien in favor of the Secured Parties would constitute or result in a breach, termination or default under any agreement or instrument governing the applicable Indebtedness
permitted by Section 9.1(f) and such properties or assets shall cease to be Excluded Assets once such prohibition ceases to exist and shall immediately and automatically become subject to the security interest granted under the Security
Documents; (v) any intellectual property if and to the extent a grant of a security interest therein will result in the loss, voiding, abandonment, cancellation or termination of any right, title or interest in or to such intellectual property
and (vi) any segregated and identifiable cash proceeds from the issuance of Parent Subordinated Notes, Qualified Equity Interests and borrowings under the ABL Facility, in each case, in connection with the Restatement Transactions;
provided, however, that such intellectual property shall be an Excluded Asset only to the extent and for so long as the circumstances specified above shall exist and shall cease to be an Excluded Asset and shall become subject to the
security interest granted under the Security Documents, immediately and automatically, at such time as such circumstances shall no longer exist; and (vi) any vehicles (whether powered or un-powered) subject to certificate of title statutes.

 “Excluded Perfection Assets” shall mean any property or assets (i) constituting deposit accounts, securities
accounts or commodities accounts (except to the extent subject to a control agreement in favor of the ABL Collateral Agent), (ii) leasehold interests in real property, (iii) monies, (iv) any interest in real property with a book value
of less than $5,000,000; (v) any property or assets that the Collateral Agent and the Borrower agree in good faith that the cost of perfecting a security interest in respect of which the cost of perfecting a security interest is excessive in
relation to the value of the security to be afforded thereby or is not commercially practical; (vi) letter of credit rights not constituting supporting obligations; and (vii) any property or assets that constitute intellectual property
owned by any Credit Party that is registered or issued or the subject of an application for registration or issuance in a jurisdiction other than the United States and (viii) any other property or assets in which, pursuant to the terms and
conditions of any Credit Document, the security interest of the Security Documents need not be perfected. 

  
 -17- 

 “Excluded Stock and Stock Equivalents” shall mean (i) any Stock or Stock
Equivalents with respect to which, in the reasonable judgment of the Collateral Agent (confirmed in writing by notice to the Borrower), the cost or other consequences (including any adverse tax consequences) of providing a pledge of which shall be
excessive in view of the benefits to be obtained by the Lenders therefrom, (ii) any Stock or Stock Equivalents of any class of such Foreign Subsidiary (or any Domestic Subsidiary substantially all of the assets of which consist, directly or
indirectly, of Stock and Stock Equivalents of Foreign Subsidiaries), in excess of 65% of the outstanding Stock or Stock Equivalents of such class, (iii) any Stock or Stock Equivalents to the extent the pledge thereof would violate any
applicable Requirement of Law, (iv) the Stock and Stock Equivalents of any Subsidiary that is organized as an unlimited liability company under the laws of any province of Canada, and (v) in the case of Stock or Stock Equivalents of any
Subsidiary that is not wholly-owned by the Borrower and its Subsidiaries at the time such Subsidiary becomes a Subsidiary, any Stock or Stock Equivalents of such Subsidiary to the extent (A) that a pledge thereof to secure the Obligations is
prohibited by any applicable Contractual Requirement (other than customary non-assignment provisions which are ineffective under the UCC or other applicable law), (B) any Contractual Requirement or other contract, agreement or instrument or
indenture, prohibits such a pledge without the consent of any other party; provided that this clause (B) shall not apply if (I) such other party is a Credit Party or wholly-owned Subsidiary or (II) such consent has been
obtained and is in effect (it being understood that the foregoing shall not be deemed to obligate the Borrower or any Subsidiary to obtain any such consent)) and for so long as such Contractual Requirement or other contract, agreement or instrument
or indenture, or replacement or renewal thereof is in effect, or (C) a pledge thereof to secure the Obligations would give any other party (other than a Credit Party or wholly-owned Subsidiary) to any contract, agreement, instrument or
indenture governing such Stock or Stock Equivalents the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the UCC or other applicable law). 

“Excluded Subsidiary” shall mean: 

(a) each Domestic Subsidiary listed on Schedule 1.1(c)(i) and each future Domestic Subsidiary designated as an Excluded
Subsidiary by the Borrower in a written notice to the Administrative Agent, in each case, for so long as any such Subsidiary does not (on a consolidated basis with its Restricted Subsidiaries) have property, plant and equipment with a book value in
excess of $5,000,000 or a contribution to Consolidated EBITDA for any four fiscal quarter period for which Section 8.1 Financials have been delivered that includes any date on or after the Closing Date in excess of $2,500,000; provided
that for all such Domestic Subsidiaries in the aggregate under this clause (a), the book value of property, plant and equipment shall not (on a consolidated basis with their respective Restricted Subsidiaries) exceed $40,000,000 and the
contribution to Consolidated EBITDA for any four fiscal quarter period for which Section 8.1 Financials have been delivered that includes any date on or after the Closing Date shall not exceed $20,000,000, 

  
 -18- 

 (b) each Foreign Subsidiary and each Domestic Subsidiary that is a Subsidiary of
a Foreign Subsidiary of the Borrower, 
 (c) each Domestic Subsidiary substantially all of the assets of which consist,
directly or indirectly, of Stock and Stock Equivalents of Foreign Subsidiaries, and 
 (d) each Unrestricted Subsidiary. 

“Excluded Taxes” shall mean, with respect to any Agent or any Lender, (a) (i) tax imposed on or measured by net
income (however denominated) and franchise taxes or similar taxes (imposed or measured by overall gross receipts) imposed on such Agent or Lender by the jurisdiction under the laws of which such Agent or Lender is organized or in which its principal
office is located or, in the case of any Lender, in which its applicable lending office is located, (b) in the case of a Non-U.S. Lender with respect to any Loan made to the Borrower, any U.S. federal withholding tax to the extent imposed on
amounts payable to such Non-U.S. Lender at the time such Non-U.S. Lender becomes a party hereto (or designates a new lending office) except to the extent that such Non-U.S. Lender (or its assignor, if any) was entitled, at the time of designation of
a new lending office (or assignment), to receive additional amounts with respect to such withholding tax pursuant to Section 4.4(a), (c) any withholding taxes imposed on any “withholdable payment” payable to such Agent or
Lender as a result of the failure of such Agent or Lender to satisfy the applicable requirements under FATCA to establish that such payment is exempt from withholding under FATCA, and (d) taxes attributable to a Non-U.S. Lender’s failure
to comply with Section 4.4(d). 
 “Existing Indebtedness” shall mean Indebtedness of Univar N.V. and its
Subsidiaries outstanding on the Closing Date and set forth on Schedule 1.1(e). 
 “Existing Term B Loans” shall mean
all “Term B Loans” (as defined in the Second Amended and Restated Credit Agreement) outstanding immediately prior to the Third Restatement Effective Date. 

“FATCA” means current Sections 1471 through 1474 of the Code (or any amended or successor version thereof that is
substantially comparable) and any regulations promulgated thereunder or official interpretations thereof. 
 “Federal Funds
Effective Rate” shall mean, for any day, the weighted average of the per annum rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day, as published on
the next succeeding Business Day by the Federal Reserve Bank of New York; provided that (a) if such day is not a Business Day, the Federal Funds Effective Rate for such day shall be such rate on such transactions on the preceding
Business Day as so published on the next succeeding Business Day, and (b) if no such rate is so published on such next succeeding Business Day, the Federal Funds Effective Rate for such day shall be the average rate charged to the
Administrative Agent on such day on such transactions as determined by the Administrative Agent. 
 “Final Maturity Date”
shall mean June 30, 2017 (or if such day is not a Business Day, the preceding Business Day). 

  
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 “Foreign Asset Sale” shall have the meaning provided in
Section 4.2(f). 
 “Foreign Plan” shall mean any employee benefit plan, program, policy, arrangement or
agreement maintained or contributed to by the Borrower or any of its Subsidiaries with respect to employees employed outside the United States. 

“Foreign Subsidiary” shall mean each Subsidiary of the Borrower that is not a Domestic Subsidiary. 

“Fund” shall mean 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. 
 “Funded Debt” shall
mean all indebtedness of the Borrower and the Restricted Subsidiaries for borrowed money that matures more than one year from the date of its creation or matures within one year from such date that is renewable or extendable, at the option of the
Borrower or any Restricted Subsidiary to a date more than one year from such date or arises under a revolving credit or similar agreement that obligates the lender or lenders to extend credit during a period of more than one year from such date,
including all amounts of Funded Debt required to be paid or prepaid within one year from the date of its creation and, in the case of the Borrower, Indebtedness in respect of the Loans. 

“GAAP” shall mean (a) for periods ending prior to June 30, 2010 (except as contemplated by clause
(b) below), generally accepted accounting principles based upon International Financing Reporting Standards issued and adopted by the International Accounting Standards Board and (b) for periods ending on or after June 30, 2010
(including, in the case of financial statements delivered for periods ending on or after June 30, 2010, comparative periods ending prior to June 30, 2010 set forth in such financial statements), generally accepted accounting principles in
the United States of America as in effect from time to time; provided, however, that if there occurs after the date of this Agreement any change in GAAP that affects in any respect the calculation of any covenant contained in
Section 9, the Lenders and the Borrower shall negotiate in good faith amendments to the provisions of this Agreement that relate to the calculation of such covenant with the intent of having the respective positions of the Lenders and
the Borrower after such change in GAAP conform as nearly as possible to their respective positions as of the date of this Agreement and, until any such amendments have been agreed upon, the covenants in Section 9 shall be calculated as
if no such change in GAAP has occurred; provided further, that for purposes of determining compliance with any financial test or basket under this Agreement, any change in GAAP with respect to whether a lease is required to be
capitalized or operating shall be disregarded for all purposes. 
 “Governmental Authority” shall mean any nation,
sovereign or government, any state, province, territory or other political subdivision thereof, and any entity or authority exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including
a central bank or stock exchange. 
 “Guarantee” shall mean the amended and restated Guarantee, dated as of
February 28, 2011, by and among the Guarantors and the Administrative Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time. 

  
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 “Guarantee Obligations” shall mean, as to any Person, any obligation of such
Person guaranteeing or intended to guarantee any Indebtedness of any other Person (the “Primary Obligor”) in any manner, whether directly or indirectly, including any obligation of such Person, whether or not contingent, (a) to
purchase any such Indebtedness or any property constituting direct or indirect security therefor, (b) to advance or supply funds (i) for the purchase or payment of any such Indebtedness or (ii) to maintain working capital or equity
capital of the Primary Obligor or otherwise to maintain the net worth or solvency of the Primary Obligor, (c) to purchase property, securities or services primarily for the purpose of assuring the owner of any such Indebtedness of the ability
of the Primary Obligor to make payment of such Indebtedness or (d) otherwise to assure or hold harmless the owner of such Indebtedness against loss in respect thereof; provided, however, that the term “Guarantee
Obligations” shall not include endorsements of instruments for deposit or collection in the ordinary course of business or customary and reasonable indemnity obligations in effect on the Closing Date or entered into in connection with any
acquisition or disposition of assets permitted under this Agreement (other than such obligations with respect to Indebtedness). The amount of any Guarantee Obligation shall be deemed to be an amount equal to the stated or determinable amount of the
Indebtedness in respect of which such Guarantee Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof (assuming such Person is required to perform thereunder) as determined by such
Person in good faith. 
 “Guarantors” shall mean (a) each Domestic Subsidiary that is party to the Guarantee on the
Third Restatement Effective Date and (b) each Domestic Subsidiary that becomes a party to the Guarantee after the Third Restatement Effective Date pursuant to Section 8.8 or otherwise. 

“Hazardous Materials” shall mean (a) any petroleum or petroleum products, radioactive materials, friable asbestos, urea
formaldehyde foam insulation, transformers or other equipment that contain dielectric fluid containing regulated levels of polychlorinated biphenyls, and radon gas; (b) any chemicals, materials or substances defined as or included in the
definition of “hazardous substances,” “hazardous waste,” “hazardous materials,” “extremely hazardous waste,” “restricted hazardous waste,” “toxic substances,” “toxic pollutants,”
“contaminants,” or “pollutants,” or words of similar import, under any applicable Environmental Law; and (c) any other chemical, material or substance, which is prohibited, limited or regulated by any Environmental Law. 

“Hedge Agreements” shall mean interest rate swap, cap or collar agreements, interest rate future or option contracts,
currency swap agreements, cross-currency rate swap agreements, currency future or option contracts, commodity price protection agreements or other commodity price hedging agreements, and other similar agreements. 

“Hedge Bank” shall mean any Person that either (x) at the time it enters into a Hedge Agreement or (y) on the
Closing Date, is a Lender or an Affiliate of a Lender, in its capacity as a party to such Hedge Agreement. 

  
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 “Historical Financial Statements” shall mean the audited consolidated balance
sheets of the Borrower as of December 31, 2011 and December 31, 2010 and the audited consolidated statements of income, stockholders’ equity and cash flows of the Borrower for each of the fiscal years in the three year period ending
on December 31, 2011, in the form provided to the Lenders under the Original Credit Agreement. 
 “Increased Amount
Date” shall have the meaning provided in Section 2.14(a). 
 “Indebtedness” of any Person shall mean
(a) all indebtedness of such Person for borrowed money, (b) the deferred purchase price of assets or services that in accordance with GAAP would be included as a liability on the balance sheet of such Person, (c) the face amount of
all letters of credit issued for the account of such Person and, without duplication, all drafts drawn thereunder, (d) all Indebtedness of any other Person secured by any Lien on any property owned by such Person, whether or not such
Indebtedness has been assumed by such Person, (e) the principal component of all Capitalized Lease Obligations of such Person with respect to obligations of another Person of a type described in one of the foregoing clauses, (f) all
obligations of such Person under Hedge Agreements, (g) all obligations of such Person in respect of Disqualified Equity Interests and (h) without duplication, all Guarantee Obligations of such Person, provided that Indebtedness
shall not include trade payables and accrued expenses arising in the ordinary course of business and not past due by more than 270 days or being disputed in good faith. 

“Indemnified Liabilities” shall have the meaning provided in Section 12.5. 

“Indemnified Taxes” shall mean all Taxes (including Other Taxes) other than Excluded Taxes. 

“Indemnitees” shall have the meaning provided in Section 12.5. 

“Insurance Policies” shall mean the insurance policies and coverages required to be maintained by each Credit Party which is
an owner of Mortgaged Property with respect to the applicable Mortgaged Property pursuant to Section 8.3 and all renewals and extensions thereof. 

“Insurance Requirements” shall mean, collectively, all provisions of the Insurance Policies, all requirements of the issuer
of any of the Insurance Policies and all orders, rules, regulations and any other requirements of the National Board of Fire Underwriters (or any other body exercising similar functions) binding upon each Credit Party which is an owner of Mortgaged
Property and applicable to the Mortgaged Property or any use or condition thereof. 
 “Intercreditor Agreement” shall mean
the Intercreditor Agreement, dated as of the Closing Date, between the Collateral Agent and the ABL Collateral Agent, and acknowledged by the Borrower and Ulixes Limited, as the same may be amended, restated, modified, supplemented, superseded or
waived from time to time. 
 “Interest Period” shall mean, with respect to any LIBOR Loan, the interest period applicable
thereto, as determined pursuant to Section 2.9. 

  
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 “Investment” shall mean, for any Person: (a) the acquisition (whether for
cash, property, services or securities or otherwise) of Stock, Stock Equivalents (or any other capital contribution), bonds, notes, debentures, partnership or other ownership interests or other securities of any other Person (including any
“short sale” or any sale of any securities at a time when such securities are not owned by the Person entering into such sale); (b) the making of any deposit with, or advance, loan or other extension of credit or capital contribution
to, any other Person (including the purchase of property from another Person subject to an understanding or agreement, contingent or otherwise, to resell such property to such Person); (c) the entering into of any guarantee of, or other
contingent obligation with respect to, any obligations of another Person; or (d) the purchase or other acquisition (in one transaction or a series of transactions) of all or substantially all of the property and assets or business of another
Person or assets constituting a business unit, line of business or division of such Person; provided that, in the event that any Investment is made by the Borrower or any Restricted Subsidiary in any Person through substantially concurrent
interim transfers of any amount through one or more other Restricted Subsidiaries, then such other substantially concurrent interim transfers shall be disregarded for purposes of Section 9.5. 

“Joinder Agreement” shall mean an agreement substantially in the form of Exhibit D. 

“Junior Indebtedness” shall have the meaning provided in Section 9.7(a). 

“Lender” shall have the meaning provided in the preamble to this Agreement and shall include, as the context requires, all
Lenders under the Second Amended and Restated Credit Agreement. 
 “Lender Default” shall mean (a) the failure (which
has not been cured) of a Lender to make available its portion of any Borrowing or (b) a Lender having notified the Administrative Agent and/or the Borrower that it does not intend to comply with the obligations under Section 2.1 or
(c) a Lender becoming the subject of a bankruptcy or insolvency proceeding. 
 “LIBOR Loan” shall mean any Term Loan
bearing interest at a rate determined by reference to the LIBOR Rate. 
 “LIBOR Rate” shall mean, for any Interest Period
with respect to a LIBOR Loan, the rate per annum equal to the British Bankers Association LIBOR Rate (“BBA LIBOR”), as published by Reuters (or other commercially available source providing quotations of BBA LIBOR as designated by
the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two Business Days prior to the commencement of such Interest Period, for deposits in Dollars (for delivery on the first day of such Interest Period) with a term
equivalent to such Interest Period. If such rate is not available at such time for any reason, then the “LIBOR Rate” for such Interest Period shall be the rate per annum determined by the Administrative Agent to be the rate at which
deposits in Dollars for delivery on the first day of such Interest Period in same day funds in the approximate amount of the LIBOR Loan being made, continued or converted by the Administrative Agent and with a term equivalent to such Interest Period
would be offered by the Administrative Agent’s London Branch (or other Bank of America branch or Affiliate) to major banks in the London at their request at approximately 11:00 a.m. 

  
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(London time) two Business Days prior to the commencement of such Interest Period. Notwithstanding anything in the foregoing definition, if the LIBOR Rate for any Term B Loan for any Interest
Period as determined above would be less than 1.50% per annum, then the LIBOR Rate for such Interest Period for such Loan shall instead be 1.50% per annum. 

“Lien” shall mean, with respect to any property, (a) any mortgage, deed of trust, lien, pledge, encumbrance, claim,
charge, assignment, hypothecation, security interest or encumbrance of any kind or any arrangement to provide priority or preference or any filing of any financing statement under the UCC or any other similar notice of lien under any similar notice
or recording statute of any Governmental Authority, including any easement, right-of-way or other encumbrance on title to Real Estate, in each of the foregoing cases whether voluntary or imposed by law, and any agreement to give any of the
foregoing; (b) the interest of a vendor or a lessor under any conditional sale agreement, capital lease or title retention agreement (or any financing lease having substantially the same economic effect as any of the foregoing) relating to such
property; and (c) in the case of securities, any purchase option, call or similar right of a third party with respect to such securities. For the avoidance of doubt, “Lien” shall not be deemed to include any license of intellectual
property. 
 “Loan” shall have the meaning provided in the definition of “Term Loan.” 

“Management Agreements” means, collectively, any agreement entered into by any Sponsor from time to time, primarily providing
for or relating to any management, consulting, financial advisory, financing, underwriting or placement services or other investment banking activities with respect to the Borrower and its Subsidiaries or any direct or indirect parent company of the
Borrower, in each case as the same may be amended, supplemented, waived or otherwise modified from time to time in accordance with the terms thereof. 

“Management Investors” shall mean the directors, management, officers and employees of the Borrower (or any of its direct or
indirect parent companies) and its Subsidiaries. 
 “Master Agreement” shall have the meaning provided in the definition of
“Swap Contract.” 
 “Material Adverse Effect” shall mean a circumstance or condition affecting the business,
assets, operations, properties or financial condition of the Borrower and the Subsidiaries, taken as a whole, that would materially adversely affect (a) the ability of the Credit Parties, taken as a whole, to perform their obligations under
this Agreement or any of the other Credit Documents or (b) the rights and remedies of the Administrative Agent and the Lenders under this Agreement or any of the other Credit Documents taken as a whole. 

“Material Subsidiary” shall mean, at any date of determination, one or more Restricted Subsidiaries of the Borrower as to
which a specified condition exists, that have, in the aggregate, (a) total assets at the last day of the Test Period ending on the last day of the most recent fiscal period for which Section 8.1 Financials have been delivered accounting
for 5% or more of the Consolidated Total Assets of the Borrower and the Restricted Subsidiaries at such date or (b) revenues during such Test Period accounting for 5% or more of the consolidated revenues of the Borrower and the Restricted
Subsidiaries for such period, in each case determined in accordance with GAAP. 

  
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 “Minimum Borrowing Amount” shall mean (a) with respect to a Borrowing of
LIBOR Loans, $5,000,000 and (b) with respect to a Borrowing of ABR Loans, $1,000,000. 
 “Moody’s” shall mean
Moody’s Investors Service, Inc. or any successor by merger or consolidation to its business. 
 “Mortgage” shall mean,
with respect to any Credit Party, a mortgage, collateral charge mortgage, assignment of leases and rents, or other security document entered into by the owner of a Mortgaged Property in favor of the Collateral Agent in respect of that Mortgaged
Property to secure the Obligations, substantially in the form of Exhibit A, as the same may be amended, supplemented or otherwise modified from time to time. 

“Mortgaged Property” shall mean, initially, each parcel of Real Estate and the improvements thereto owned by a Credit Party
with a book value in excess of $5,000,000 and identified on Schedule 1.1(a), and includes each other parcel of Real Estate and improvements thereto with respect to which a Mortgage is granted pursuant to Section 8.11 (or
Section 8.11 of the Original Credit Agreement or Section 8.11 of the Second Amended and Restated Credit Agreement). 

“Multiemployer Plan” shall mean any multiemployer plan, as defined in Section 4001 of ERISA that is subject to Title IV
of ERISA (i) to which the Borrower, any Subsidiary or ERISA Affiliate is then making or has an obligation to make contributions or (ii) to which the Borrower, any Subsidiary has or would reasonably expect to incur liability (including on
account of its ERISA Affiliates). For the avoidance of doubt, “Multiemployer Plan” does not include any Foreign Plan. 

“Net Cash Proceeds” shall mean, with respect to any Prepayment Event, (a) the gross cash proceeds (including payments
from time to time in respect of installment obligations, if applicable) received by or on behalf of the Borrower or any of the Restricted Subsidiaries in respect of such Prepayment Event, as the case may be, less (b) the sum of: 

(i) the amount, if any, of all taxes paid or estimated to be payable by the Borrower or any of the Restricted Subsidiaries in
connection with such Prepayment Event, 
 (ii) the amount of any reasonable reserve established in accordance with GAAP
against any liabilities (other than any taxes deducted pursuant to clause (i) above) (x) associated with the assets that are the subject of such Prepayment Event and (y) retained by the Borrower or any of the Restricted
Subsidiaries, provided that the amount of any subsequent reduction of such reserve (other than in connection with a payment in respect of any such liability) shall be deemed to be Net Cash Proceeds of such a Prepayment Event occurring on the
date of such reduction, 
 (iii) the amount of Indebtedness secured by a Lien on the assets that are the subject of such
Prepayment Event that is permanently repaid in connection with such Prepayment Event (other than the Term Loans and any Junior Indebtedness and with respect 

  
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to the proceeds of Collateral (other than ABL Priority Collateral) Indebtedness under the ABL Facility) to the extent that the instrument creating or evidencing such Indebtedness requires that
such Indebtedness be repaid upon consummation of such Prepayment Event, 
 (iv) in the case of any Asset Sale Prepayment
Event or Casualty Event, the amount of any proceeds of such Prepayment Event that the Borrower or any Restricted Subsidiary has reinvested (or intends to reinvest within the Reinvestment Period or has entered into a binding commitment prior to the
last day of the Reinvestment Period to reinvest) in the business of the Borrower or any of the Restricted Subsidiaries, provided that any portion of such proceeds that has not been so reinvested within such Reinvestment Period (with respect
to such Prepayment Event, the “Deferred Net Cash Proceeds”) shall, unless the Borrower or a Restricted Subsidiary has entered into a binding commitment prior to the last day of such Reinvestment Period to reinvest such proceeds,
(x) be deemed to be Net Cash Proceeds of an Asset Sale Prepayment Event or Casualty Event occurring on the last day of such Reinvestment Period or, if later, 180 days after the date the Borrower or such Restricted Subsidiary has entered into
such binding commitment, as applicable (such last day or 180th day, as applicable, the “Deferred Net Cash Proceeds Payment Date”), and (y) be applied to the repayment of Term Loans in accordance with
Section 4.2(a)(i), 
 (v) in the case of any Asset Sale Prepayment Event, the amount of any proceeds from asset
sales which are designated by the Borrower as applying retroactively to a purchase of assets useful in the Borrower’s or any Restricted Subsidiary’s business; provided that (a) at the time of such prior purchase of assets, the
Borrower specifically identifies by written notice to the Administrative Agent the assets to be sold in connection with such purchase and (b) the specified asset sale must be made no later than the date which is 180 days after the applicable
asset purchase, and 
 (vi) reasonable and customary fees paid by the Borrower or a Restricted Subsidiary in connection with
any of the foregoing, 
 in each case only to the extent not already deducted in arriving at the amount referred to in clause (a) above. 

“New Repayment Date” shall have the meaning provided in Section 2.5(c). 

“New Term Loan Commitments” shall have the meaning provided in Section 2.14(a). 

“New Term Loan Lender” shall have the meaning provided in Section 2.14. 

“New Term Loan Maturity Date” shall mean the date on which a New Term Loan matures. 

“New Term Loan Repayment Amount” shall have the meaning provided in Section 2.5(c). 

  
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 “New Term Loans” shall have the meaning provided in Section 2.14(b).
For the avoidance of doubt, the Additional Term B Loans shall not constitute New Term Loans. 
 “Non-Consenting
Lender” shall have the meaning provided in Section 12.7(b). 
 “Non-Debt Fund Affiliate” shall mean an
Affiliate of the Borrower that is not an Affiliated Debt Fund or a Purchasing Borrower Party. 
 “Non-U.S. Lender” shall
mean any Agent or Lender that is not, for United States federal income tax purposes, (a) an individual who is a citizen or resident of the United States, (b) a corporation, partnership or other entity treated as a corporation or
partnership created or organized in or under the laws of the United States, or any political subdivision thereof, (c) an estate whose income is subject to U.S. federal income taxation regardless of its source or (d) a trust if a court
within the United States is able to exercise primary supervision over the administration of such trust and one or more United States persons have the authority to control all substantial decisions of such trust or a trust that has a valid election
in effect under applicable U.S. Treasury regulations to be treated as a United States person. In addition, solely for purposes of clause (b) of the definition of Excluded Taxes, a Non-U.S. Lender shall include a partnership or other
entity treated as a partnership created or organized in or under the laws of the United States, or any political subdivision thereof, but only to the extent the partners of such partnership (including indirect partners if the direct partners are
partnerships or other entities treated as partnerships for U.S. federal income tax purposes created or organized in or under the laws of the United States, or any political subdivision thereof) are treated as Non-U.S. Lenders under the preceding
sentence. 
 “Notice of Borrowing” shall have the meaning provided in Section 2.3(a). 

“Notice of Conversion or Continuation” shall have the meaning provided in Section 2.6. 

“Obligations” shall mean all advances to, and debts, liabilities, obligations, covenants and duties of, any Credit Party
arising under the Original Credit Agreement, the Second Amended and Restated Credit Agreement, this Agreement or any Credit Document or otherwise with respect to any Loan or Existing Term Loan and all debts, liabilities, obligations, covenants and
duties of the Borrower and its Subsidiaries under any Secured Cash Management Agreement or Secured Hedge Agreement, in each case, whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now
existing or hereafter arising and including interest and fees that accrue after the commencement by or against any Credit Party or any Affiliate thereof of any proceeding under any bankruptcy or insolvency law naming such Person as the debtor in
such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding. 
 “Original Credit
Agreement” shall mean the Amended and Restated Credit Agreement, dated as of October 11, 2007 (as amended and restated on September 20, 2010, and as further amended by Amendment No. 1, dated as of October 28, 2010, and
by the Joinder Agreement, dated as of December 17, 2010), by and among Parent, the Borrower, Ulixes Limited, as U.K. borrower, the lenders party thereto, the Administrative Agent and the Collateral Agent, as in effect immediately prior to the
Second Restatement Effective Date. 

  
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 “Other Taxes” shall mean any and all present or future stamp, registration,
documentary or any other excise, property or similar taxes (including interest, fines, penalties, additions to tax and related expenses with regard thereto) arising from any payment made or required to be made under this Agreement or any other
Credit Document or from the execution or delivery of, registration or enforcement of, consummation or administration of, or otherwise with respect to, this Agreement or any other Credit Document. 

“Overnight Rate” shall mean, for any day, (a) the greater of (i) the Federal Funds Effective Rate and (ii) an
overnight rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

“Parent” shall mean Ulixes Acquisition, B.V., a private limited liability company under the laws of the Netherlands. 

“Parent Entity” shall mean any company (at the time it is designated a Parent Entity by the Borrower) whose only assets are
the Stock and Stock Equivalents of the Borrower (or one or more other Parent Entities) and assets incidental to such ownership and its existence; provided that such Parent Entity shall cease to be a “Parent Entity” at such time as
such Parent Entity ceases to beneficially own, directly or indirectly, 100% of the Voting Stock of the Borrower. It being understood that, as of the Third Restatement Effective Date, the Borrower has not designated any Parent Entity. 

“Parent Subordinated Notes” shall have the meaning assigned to such term in the Original Credit Agreement. 

“Participant” shall have the meaning provided in Section 12.6(c). 

“Participant Register” shall have the meaning provided in Section 12.6(c). 

“Patriot Act” shall have the meaning provided in Section 12.18. 

“PBGC” shall mean the Pension Benefit Guaranty Corporation established pursuant to Section 4002 of ERISA, or any
successor thereto. 
 “Perfection Certificate” shall mean a certificate of the Borrower in the form of Exhibit B or
any other form approved by the Administrative Agent. 
 “Permitted Acquisition” shall mean the acquisition, by merger or
otherwise, by the Borrower or any of its Restricted Subsidiaries of assets or Stock or Stock Equivalents, so long as (a) such acquisition and all transactions related thereto shall be consummated in accordance with applicable law; (b) all
Persons acquired in such acquisition shall be Subsidiaries of the Borrower that are Restricted Subsidiaries; (c) such acquisition shall result in the Administrative Agent, for the benefit of the applicable Lenders, being granted a security
interest in any Stock, Stock Equivalent or any assets so acquired if and, to the extent required by Sections 8.8, 8.9 and/or 8.11; and (d) after giving effect to such acquisition, no Default or Event of Default shall
have occurred and be continuing. 

  
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 “Permitted Additional Subordinated Debt” shall mean Subordinated Indebtedness,
issued by the Borrower or a Guarantor, (a) the terms of which (i) do not provide for any scheduled repayment, mandatory redemption or sinking fund obligation prior to the one-year anniversary of the Final Maturity Date (other than
customary offers to purchase upon a change of control, asset sale or event of loss and customary acceleration rights after an event of default) and (ii) provide for customary subordination to the Obligations under the Credit Documents and
provide that such Obligations shall be “designated senior debt” on customary terms and (b) of which no Subsidiary of the Borrower (other than a Credit Party) is an obligor. 

“Permitted Investments” shall mean: 

(a) securities issued or unconditionally guaranteed by the United States government or any agency or instrumentality thereof,
in each case having maturities of not more than 24 months from the date of acquisition thereof; 
 (b) securities issued by
any state of the United States of America or any political subdivision of any such state or any public instrumentality thereof or any political subdivision of any such state or any public instrumentality thereof having maturities of not more than 24
months from the date of acquisition thereof and, at the time of acquisition, having one of the two highest ratings generally obtainable from either S&P or Moody’s; 

(c) commercial paper maturing no more than 24 months after the date of creation thereof and, at the time of acquisition, having
a rating of at least A-2 or P-2 from either S&P or Moody’s; 
 (d) domestic and LIBOR certificates of deposit or
bankers’ acceptances maturing no more than one year after the date of acquisition thereof issued by any bank having combined capital and surplus of not less than $500,000,000; 

(e) certificates of deposit, time deposits and eurodollar time deposits with maturities of one year or less from the date of
acquisition, bankers’ acceptances with maturities not exceeding one year and overnight bank deposits, in each case with (i) any Lender or an Affiliate thereof or (ii) any commercial bank having capital and surplus of not less than
$250,000,000 in the case of U.S. banks and $100,000,000 (or the U.S. dollar equivalent as of the date of determination) in the case of non-U.S. banks; 

(f) repurchase agreements with a term of not more than 30 days for underlying securities of the type described in
clauses (a), (b) and (d) above entered into with any bank meeting the qualifications specified in clause (d) above or securities dealers of recognized national standing; 

(g) marketable short-term money market and similar securities having a rating of at least P-2 or A-2 from either Moody’s
or S&P, respectively (or, if at any time neither Moody’s nor S&P shall be rating such obligations, an equivalent rating from another rating agency) and in each case maturing within 24 months after the date of creation thereof; 

  
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 (h) investment funds investing 95% of their assets in securities of the types
described in clauses (a) through (g) above; 
 (i) Indebtedness issued by Persons with a rating of
“A” or higher from S&P or “A2” or higher from Moody’s with maturities of 24 months or less from the date of acquisition; 

(j) shares of investment companies that are registered under the Investment Company Act of 1940 and substantially all the
investments of which are one or more of the types of securities described in clauses (a) through (i) above; and 

(k) in the case of Investments by any Restricted Foreign Subsidiary, other customarily utilized high-quality Investments in the
country where such Restricted Foreign Subsidiary is located or operates. 
 “Permitted Investors” shall mean (a) the
Sponsor, (b) any Person making an Investment in Parent or the Borrower (directly or indirectly) concurrently with the Sponsor on or following the Closing Date, and (c) any Person who is an officer or otherwise a member of management of the
Borrower (or any of its direct or indirect parent companies) or any of its subsidiaries; provided that, in no event shall the Sponsor own a lesser percentage of voting stock of (x) so long as the Borrower is a Subsidiary of the any
Parent Entity, such Parent Entity (other than a Parent Entity that is a Subsidiary of a Parent Entity) and (y) if the Borrower is not a Subsidiary of any Parent Entity, the Borrower than any other person or group referred to in clause
(b) or (c). 
 “Permitted Liens” shall mean: 

(a) Liens for taxes, assessments or governmental charges or claims not yet delinquent or that are being contested in good faith
and by appropriate proceedings; 
 (b) Liens in respect of property or assets of the Borrower or any of the Subsidiaries
imposed by law, such as carriers’, materialmen’s, repairmen’s, construction, warehousemen’s and mechanics’ Liens and other similar Liens arising in the ordinary course of business, in each case so long as such Liens do not
individually or in the aggregate have a Material Adverse Effect; 
 (c) zoning, building codes and other land use laws
regulating the use or occupancy of the real property owned by the Borrower and its Subsidiaries, or the activities conducted thereon, which are imposed by any Governmental Authority having jurisdiction over such real property which are not violated
by the current use or occupancy of such real property or the operation of the business of the Borrower and its Subsidiaries, or any violation of which would not have a Material Adverse Effect; 

(d) Liens arising from judgments or decrees in circumstances not constituting an Event of Default under
Section 10.9; 

  
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 (e) Liens incurred or deposits made in connection with workers’
compensation, unemployment insurance and other types of social security, or to secure the performance of tenders, statutory obligations, surety and appeal bonds, bids, leases, government contracts, performance and return-of-money bonds and other
similar obligations incurred in the ordinary course of business; 
 (f) ground leases in respect of Real Estate on which
facilities owned or leased by the Borrower or any of its Subsidiaries are located; 
 (g) minor survey exceptions, minor
encumbrances, servitudes, easements, rights-of-way, covenants, conditions and restrictions, minor defects or irregularities in title and other similar charges or encumbrances not interfering in any material respect with the business of the Borrower
and its Subsidiaries, taken as a whole; 
 (h) any interest or title of a lessor or secured by a lessor’s interest under
any lease permitted by this Agreement; 
 (i) Liens in favor of customs and revenue authorities arising as a matter of law to
secure payment of customs duties in connection with the importation of goods; 
 (j) Liens on goods the purchase price of
which is financed by a documentary letter of credit or in respect of bankers’ acceptances in each case issued or created for the account of the Borrower or any of its Subsidiaries, provided that such Lien secures only the obligations of
the Borrower or such Subsidiaries in respect of such letter of credit to the extent permitted under Section 9.1; 

(k) leases or subleases granted to others not interfering in any material respect with the business of the Borrower and its
Subsidiaries, taken as a whole; 
 (l) Liens arising from precautionary UCC financing statements or similar filings made in
respect of operating leases entered into by the Borrower or any of its Subsidiaries; 
 (m) Liens created in the ordinary
course of business in favor of banks and other financial institutions over credit balances of any bank accounts of the Borrower and the Restricted Subsidiaries held at such banks or financial institutions, as the case may be, to facilitate the
operation of cash pooling and/or interest set-off arrangements in respect of such bank accounts in the ordinary course of business; 

(n) Liens in favor of the issuer of stay, customs, appeal, performance and surety bonds or bid bonds or with respect to other
regulatory requirements or letters of credit issued pursuant to the request of and for the account of such Person in the ordinary course of its business; 

(o) undetermined or inchoate Liens and charges arising or potentially arising under statutory provisions which have not at the
time been filed or registered in accordance with applicable law or which written notice has not been duly given in accordance with applicable law or which, although filed or registered, relate to obligations not due or delinquent; 

  
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 (p) the rights reserved to or vested in Governmental Authorities by statutory
provisions or by the terms of leases, licenses, franchises, grants or permits, which affect any land, to terminate the leases, licenses, franchises, grants or permits or to require annual or other periodic payments as a condition of the continuance
thereof; 
 (q) security deposits to public utilities or to any municipalities or Governmental Authorities or other public
authority when required by the utility, municipality or Governmental Authorities or other public authority in connection with the supply of services or utilities to the Credit Parties; 

(r) Liens or covenants restricting or prohibiting access to or from lands abutting on controlled access highways or covenants
affecting the use to which lands may be put; provided that such Liens or covenants do not materially and adversely affect the use of the lands by any Credit Party; 

(s) statutory Liens incurred or pledges or deposits made in favor of a Governmental Authority to secure the performance of
obligations of any Credit Party under Environmental Laws to which any asset of such Credit Party are subject; 
 (t) a Lien
granted by any Subsidiary of the Borrower formed under the laws of Canada or any province thereof to a landlord to secure the payment of arrears of rent in respect of leased properties in the Province of Quebec leased from such landlord,
provided that such Lien is limited to the assets located at or about such leased properties; 
 (t) Liens deemed to
exist in connection with Investments in repurchase agreements permitted under Section 9.1; provided that such Liens do not extend to any assets other than those that are the subject of such repurchase agreement; and 

(u) restrictions permitted by Section 9.11. 

“Person” shall mean any individual, partnership, joint venture, firm, corporation, unlimited liability company, limited
liability company, association, trust or other enterprise or any Governmental Authority. 
 “Plan” shall mean any
single-employer plan, as defined in Section 4001 of ERISA that is subject to Title IV of ERISA, maintained or contributed to by the Borrower, its Subsidiaries or any ERISA Affiliate or with respect to which the Borrower, or any of its
Subsidiaries has or would reasonably expect to incur liability (including on account of its ERISA Affiliates). For the avoidance of doubt, “Plan” does not include any Foreign Plans. 

“Platform” shall have the meaning provided in Section 12.17(c). 

“Post-Acquisition Period” shall mean, with respect to any Permitted Acquisition, the period beginning on the date such
Permitted Acquisition is consummated and ending on the last day of the fourth full consecutive fiscal quarter immediately following the date on which such Permitted Acquisition is consummated. 

  
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 “Prepayment Event” shall mean any Asset Sale Prepayment Event, Debt Incurrence
Prepayment Event or Casualty Event. 
 “Primary Obligor” shall have the meaning provided in the definition of
“Guarantee Obligations.” 
 “prime rate” shall mean the “prime rate” referred to in the definition of
“ABR.” 
 “Pro Forma Adjustment” shall mean, for any Test Period that includes all or any part of a fiscal
quarter included in any Post-Acquisition Period, with respect to the Acquired EBITDA of the applicable Acquired Entity or Business or the Consolidated EBITDA of the Borrower, the pro forma increase or decrease in such Acquired EBITDA or such
Consolidated EBITDA, as the case may be, as a result of adjustments that are factually supportable as determined by the Borrower in its reasonable discretion and set forth on the Pro Forma Adjustment Certificate. 

“Pro Forma Adjustment Certificate” shall mean any certificate of an Authorized Officer of the Borrower delivered pursuant to
Section 8.1(h) or Section 8.1(e). 
 “Pro Forma Basis” and “Pro Forma Effect”
shall mean, with respect to compliance with any test hereunder for any Test Period, that (A) to the extent applicable (and other than for purposes of determining the Applicable Amount), the Pro Forma Adjustment shall have been made and
(B) all Specified Transactions and the following transactions in connection therewith shall be deemed to have occurred as of the first day of such Test Period: (a) income statement items (whether positive or negative) attributable to the
property or Person subject to such Specified Transaction, (i) in the case of a sale, transfer or other disposition of all or substantially all Capital Stock in any Subsidiary of the Borrower or any division, product line, or facility used for
operations of the Borrower or any of its Subsidiaries, shall be excluded, and (ii) in the case of a Permitted Acquisition or Investment described in the definition of “Specified Transaction,” shall be included, (b) any retirement
of Indebtedness, and (c) any incurrence or assumption of Indebtedness by the Borrower or any of the Restricted Subsidiaries in connection therewith (it being agreed that if such Indebtedness has a floating or formula rate, such Indebtedness
shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate that is or would be in effect with respect to such Indebtedness as at the relevant date of determination);
provided that, without limiting the application of the Pro Forma Adjustment pursuant to (A) above (but without duplication thereof), the foregoing pro forma adjustments may be applied to any such test or covenant solely to the extent
that such adjustments are consistent with the definition of Consolidated EBITDA and give effect to events (including operating expense reductions) that are factually supportable. 

“Pro Forma Entity” shall have the meaning provided in the definition of “Acquired EBITDA.” 

“Public Lender” shall have the meaning provided in Section 12.17(c). 

  
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 “Purchasing Borrower Party” shall mean the Borrower or any Subsidiary of the
Borrower that becomes an Eligible Assignee or a Participant pursuant to Section 12.6(h). 
 “Qualified Equity
Interest” shall mean any Stock or Stock Equivalent of the Borrower that does not constitute a Disqualified Equity Interest. 

“Qualified IPO” shall mean the issuance by the Borrower or any direct or indirect parent of the Borrower of its common Stock
or the sale of such common Stock by the holders thereof, in either case, in an underwritten primary public offering (other than a public offering pursuant to a registration statement on Form S-8) pursuant to an effective registration statement filed
with the SEC in accordance with the Securities Act of 1933, as amended. 
 “Real Estate” shall mean, collectively, all
right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned, leased or operated by any person, whether by lease, license or other means, together with, in each
case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation
thereof. 
 “Refinanced Term Loans” shall have the meaning provided in Section 12.1. 

“Register” shall have the meaning provided in Section 12.6(b)(iv). 

“Regulation T” shall mean Regulation T of the Board as from time to time in effect and any successor to all or a portion
thereof establishing margin requirements. 
 “Regulation U” shall mean Regulation U of the Board as from time to time in
effect and any successor to all or a portion thereof establishing margin requirements. 
 “Regulation X” shall mean
Regulation X of the Board as from time to time in effect and any successor to all or a portion thereof establishing margin requirements. 

“Reinvestment Period” shall mean 365 days following the date of receipt of cash proceeds of an Asset Sale Prepayment Event or
Casualty Event. 
 “Related Parties” shall mean, with respect to any specified Person, such Person’s Affiliates and
the directors, officers, employees, agents, trustees, advisors of such Person and any Person that possesses, directly or indirectly, the power to direct or cause the direction of the management or policies of such Person, whether through the ability
to exercise voting power, by contract or otherwise. 
 “Release” shall mean any spilling, leaking, seepage, pumping,
pouring, emitting, emptying, discharging, injecting, escaping, leaching, dumping, disposing, depositing, dispersing or migrating of any Hazardous Materials in, into, onto or through the environment. 

“Repayment Amount” shall mean a Term B Loan Repayment Amount or a New Term Loan Repayment Amount with respect to any Series,
as applicable. 

  
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 “Replacement Term Loans” shall have the meaning provided in
Section 12.1. 
 “Reportable Event” shall mean an event described in Section 4043 of ERISA and the
regulations thereunder, other than any event as to which the thirty day notice period has been waived. 
 “Required
Lenders” shall mean, at any date, Lenders having or holding a majority of the sum of (i) the Adjusted Total Term Loan Commitment at such date and (ii) the outstanding principal amount of the Term Loans (excluding Term Loans held
by Defaulting Lenders) at such date. 
 “Requirement of Law” shall mean, as to any Person, the certificate of incorporation
and by-laws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person
or any of its property or assets or to which such Person or any of its property or assets is subject. 
 “Restatement
Agreement” shall have the meaning provided in the recitals hereto. 
 “Restatement Transactions” shall mean the
transactions contemplated by Section 5 of the Original Credit Agreement. 
 “Restricted Foreign Subsidiary” shall mean
a Foreign Subsidiary that is a Restricted Subsidiary. 
 “Restricted Payments” shall mean any dividend or other
distribution (whether in cash, securities or other property) with respect to any Stock or Stock Equivalents of the Borrower (or any direct or indirect parent company thereof) or any Restricted Subsidiary, or any payment (whether in cash, securities
or other property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement, acquisition, cancellation or termination of any such Stock or Stock Equivalents. 

“Restricted Subsidiary” shall mean any Subsidiary of the Borrower other than an Unrestricted Subsidiary. For the avoidance of
doubt, on the Third Restatement Effective Date, all Subsidiaries of the Borrower that were Restricted Subsidiaries under the Second Amended and Restated Credit Agreement immediately prior to the effectiveness of this Agreement on the Third
Restatement Effective Date shall initially be Restricted Subsidiaries under this Agreement. 
 “S&P” shall mean
Standard & Poor’s Ratings Services or any successor by merger or consolidation to its business. 
 “Sale and
Lease-Back Transaction” shall mean any arrangement providing for the leasing by the Borrower or any of its Restricted Subsidiaries of any real or tangible personal property, which property has been or is to be sold or transferred by the
Borrower or such Restricted Subsidiary to a third Person in contemplation of such leasing. 

  
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 “SEC” shall mean the Securities and Exchange Commission or any successor
thereto. 
 “Second Restatement Effective Date” shall mean February 28, 2011. 

“Section 8.1 Financials” shall mean the financial statements delivered, or required to be delivered, pursuant to
Section 8.1(a) or (b) together with the accompanying officer’s certificate delivered, or required to be delivered, pursuant to Section 8.1(d). 

“Secured Cash Management Agreement” shall mean any Cash Management Agreement that is entered into by and between the Borrower
(or any direct or indirect parent company of the Borrower) or any of its Subsidiaries and any Cash Management Bank. 
 “Secured
Hedge Agreement” shall mean any Hedge Agreement that is entered into by and between the Borrower or any of its Subsidiaries and any Hedge Bank. 

“Secured Parties” shall mean Administrative Agent, the Collateral Agent, each Lender, each Hedge Bank, each Cash Management
Bank and each sub-agent pursuant to Section 11 appointed by the Administrative Agent. 
 “Securitization” shall mean
a public or private offering by a Lender or any of its Affiliates or their respective successors and assigns of securities or notes which represent an interest in, or which are collateralized, in whole or in part, by the Loans and the Lender’s
rights under the Credit Documents. 
 “Security Agreement” shall mean the amended and restated Pledge and Security
Agreement, dated as of February 28, 2011, by and among the Credit Parties and the Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time. 

“Security Documents” shall mean, collectively, (a) the Guarantee, (b) the Security Agreement, (c) the
Mortgages provided by the Credit Parties, (d) the Intercreditor Agreement and (e) each other security agreement or other instrument or document executed and delivered pursuant to Section 8.8, 8.9 or 8.11 or
pursuant to any other such Security Documents to secure all of the Obligations. 
 “Series” shall have the meaning as
provided in Section 2.14. 
 “Sold Entity or Business” shall have the meaning provided in the definition of the
term “Consolidated EBITDA.” 
 “Solvent” shall mean, with respect to any Person, that (a) (i) the sum
of such Person’s debt (including contingent liabilities) does not exceed the present fair saleable value of such Person’s present assets; (ii) such Person’s capital is not unreasonably small in relation to its business as
contemplated; and (iii) such Person has not incurred and does not intend to incur, or believe that it will incur, debts including current obligations beyond its ability to pay such debts as they become due (whether at maturity or otherwise);
and (b) in the case of any Person organized other than under the laws of the United States, the District of Columbia or any State of the 

  
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United States, such Person is “solvent” within the meaning given that term and similar terms under applicable laws relating to fraudulent transfers and conveyances. For purposes of this
definition, the amount of any contingent liability at any time shall be computed by the Borrower as the amount that, in light of all of the facts and circumstances existing at such time, represents the amount that can reasonably be expected to
become an actual or matured liability (irrespective of whether such contingent liabilities meet the criteria for accrual under GAAP). 

“Specified Transaction” shall mean, with respect to any period, any Investment, sale, transfer or other disposition of
assets, incurrence or repayment of Indebtedness (including the Loans and other than incurrences and repayments of Indebtedness under working capital facilities in the ordinary course of business or intercompany Indebtedness or Investment),
Restricted Payment, Subsidiary designation or other event that involves aggregate consideration in excess of $10,000,000 or that by the terms of this Agreement requires such test to be calculated on a “Pro Forma Basis” or after giving
“Pro Forma Effect.” 
 “Sponsor” shall mean, one or more of, (a) CVC and its Affiliates, (b) the
CD&R Group, and (c) any collective investment vehicle sponsored, advised or managed by any of CVC and its Affiliates and any investment vehicle sponsored, advised or managed by the CD&R Group but excluding portfolio companies of any
such vehicle. 
 “Stock” shall mean shares of capital stock or shares in the capital, as the case may be (whether
denominated as common stock or preferred stock or ordinary shares or preferred shares, as the case may be), beneficial, partnership or membership interests, participations or other equivalents (regardless of how designated) of or in a corporation,
partnership, limited liability company, unlimited liability company or equivalent entity, whether voting or non-voting. 
 “Stock
Equivalents” shall mean all securities convertible into or exchangeable for Stock and all warrants, options or other rights to purchase or subscribe for any Stock, whether or not presently convertible, exchangeable or exercisable. 

“Subordinated Indebtedness” shall mean the Subordinated Notes and any other Indebtedness of the Borrower or any Guarantor
that is by its terms subordinated in right of payment to the Obligations of the Borrower and such Guarantor, as applicable, under this Agreement. 

“Subordinated Notes” shall mean (i) $600,000,000 aggregate principal amount of the Borrower’s 12% senior
subordinated notes due 2017 and (ii) $400,000,000 aggregate principal amount of the Borrower’s 12% senior subordinated notes due 2018, in each case, issued pursuant to the Subordinated Notes Purchase Agreements. 

“Subordinated Notes Purchase Agreements” shall mean the purchase agreements with respect to the Subordinated Notes, as
amended, restated, supplemented and otherwise modified from time to time. 
 “Subsidiary” of any Person shall mean and
include (a) any corporation more than 50% of whose Stock of any class or classes having by the terms thereof ordinary voting power to elect a majority of the directors of such corporation (irrespective of whether or not at the time Stock of any
class or classes of such corporation shall have or might have voting power by reason 

  
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of the happening of any contingency) is at the time owned by such Person directly or indirectly through Subsidiaries, (b) any limited liability company, partnership, association, joint
venture or other entity of which such Person (i) directly or indirectly through Subsidiaries owns or controls more than 50% of the capital accounts, distribution rights, total equity and voting interests or general or limited partner interests
and (ii) is a controlling general partner or otherwise controls such entity at such time. Unless otherwise expressly provided, all references herein to a “Subsidiary” shall mean a Subsidiary of the Borrower. 

“Successor Borrower” shall have the meaning provided in Section 9.3(a). 

“Survey” shall mean a survey of any Mortgaged Property (and all improvements thereon) which is (a) (i) prepared by
a surveyor or engineer licensed to perform surveys in the jurisdiction where such Mortgaged Property is located, (ii) dated (or redated) not earlier than six months prior to the date of delivery thereof unless there shall have occurred within
six months prior to such date of delivery any exterior construction on the site of such Mortgaged Property or any easement, right of way or other interest in the Mortgaged Property has been granted or become effective through operation of law or
otherwise with respect to such Mortgaged Property which, in either case, can be depicted on a survey, in which events, as applicable, such survey shall be dated (or redated) after the completion of such construction or if such construction shall not
have been completed as of such date of delivery, not earlier than 20 days prior to such date of delivery, or after the grant or effectiveness of any such easement, right of way or other interest in the Mortgaged Property, (iii) certified by the
surveyor (in a manner reasonably acceptable to the Administrative Agent) to the Administrative Agent, the Collateral Agent and the Title Company, (iv) complying in all respects with the minimum detail requirements of the American Land Title
Association as such requirements are in effect on the date of preparation of such survey and (v) sufficient for the Title Company to remove all standard survey exceptions from the title insurance policy (or commitment) relating to such
Mortgaged Property and issue the endorsements of the type required by Section 8.11(d) or (b) otherwise acceptable to the Collateral Agent. 

“Swap Contract” shall mean (a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward
rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond index swaps or options or forward bond or forward bond price or forward bond index transactions,
interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions, cross-currency rate swap transactions, currency options, spot contracts, or other similar
transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is governed by or subject to any master agreement, and (b) any and all transactions of any
kind, and the related confirmations, that are subject to the terms and conditions of, or governed by, any form of master agreement published by the International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master
Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”), including any such obligations or liabilities under any Master Agreement. 

“Taxes” shall mean any and all present or future taxes, duties, levies, imposts, assessments, deductions, withholdings or
other similar charges imposed by any Governmental Authority whether computed on a separate, consolidated, unitary, combined or other basis and any interest, fines, penalties or additions to tax with respect to the foregoing. 

  
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 “Term B Loan Lender” means each Lender that has an Additional Term B Commitment
or that is the holder of a Term B Loan. 
 “Term B Loans” shall have the meaning assigned to such term in
Section 2.1(a). 
 “Term B Repayment Amount” shall have the meaning assigned to such term in
Section 2.5(b). 
 “Term B Repayment Date” shall have the meaning assigned to such term in
Section 2.5(b). 
 “Term Loans” or “Loans” shall mean the Term B Loans and any New Term Loans,
collectively. 
 “Test Period” shall mean, for any determination under this Agreement, the most recent four consecutive
fiscal quarters of the Borrower then last ended for which Section 8.1 Financials have been delivered. 
 “Third Restatement
Effective Date” shall mean the first date on which each of the conditions set forth in Section 5 has been satisfied. 

“Title Company” shall mean any title insurance company as shall be retained by Borrower and reasonably acceptable to the
Administrative Agent. 
 “Title Policy” shall have the meaning assigned to such term in Schedule 8.11. 

“Total Credit Exposure” shall mean, at any date, the sum, without duplication, of (a) the Total Term Loan Commitment at
such date and (b) without duplication of clause (a), the aggregate outstanding principal amount of all Term Loans at such date. 

“Total Term Loan Commitment” shall mean the sum of the Additional Term B Loan Commitment and the New Term Loan Commitments,
if applicable, of all the Lenders. 
 “Transactions” shall have the meaning assigned to such term by the Original Credit
Agreement. 
 “Transferee” shall have the meaning provided in Section 12.6(f). 

“Type” shall mean as to any Term Loan, its nature as an ABR Loan or a LIBOR Loan. 

“UCC” shall mean the Uniform Commercial Code in effect from time to time in New York; provided, that if, with respect
to any UCC financing statement or by reason of any provisions of law, the perfection or the effect of perfection or non-perfection of the security interests granted to the Administrative Agent pursuant to the applicable Credit Document is governed

  
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by the Uniform Commercial Code as in effect in a jurisdiction of the United States other than New York, UCC means the Uniform Commercial Code as in effect from time to time in such other
jurisdiction for purposes of the provisions of each Credit Document and any financing statement relating to such perfection or effect of perfection or non-perfection. 

“Unfunded Current Liability” of any Plan shall mean the amount, if any, by which the Accumulated Benefit Obligation (as
defined under Statement of Financial Accounting Standards No. 87 (“SFAS 87”)) under the Plan as of the close of its most recent plan year, determined in accordance with SFAS 87 as in effect on the date hereof, using the
actuarial assumptions and methods specified in the most recent actuarial report for such Plan, exceeds the fair market value of the assets allocable thereto. 

“Unrestricted Subsidiary” shall mean (a) any Restricted Subsidiary (other than the Borrower) designated as an
Unrestricted Subsidiary by the Borrower in a written notice to the Administrative Agent (or specified in the definition of Restricted Subsidiary as not being a Restricted Subsidiary on the Third Restatement Effective Date), and provided,
(x) such designation shall be deemed to be an Investment (or reduction in an outstanding Investment, in the case of a designation of an Unrestricted Subsidiary as a Restricted Subsidiary), on the date of such designation in an amount equal to
the sum of (i) the Borrower’s direct or indirect equity ownership percentage of the net worth of such designated Restricted Subsidiary immediately prior to such designation and (ii) without duplication, the aggregate principal amount
of any Indebtedness owed by such designated Restricted Subsidiary to the Borrower or any other Restricted Subsidiary immediately prior to such designation, all calculated, except as set forth in the parenthetical to clause (i), on a
consolidated basis in accordance with GAAP and (y) no Default or Event of Default would result from such designation after giving Pro Forma Effect thereto, the Consolidated Interest Coverage Ratio would be at least 2.0 to 1.0 after giving
effect to such designation and (b) each Subsidiary of an Unrestricted Subsidiary. The Borrower may, by written notice to the Administrative Agent, re-designate any Unrestricted Subsidiary as a Restricted Subsidiary, and thereafter, such
Subsidiary shall no longer constitute an Unrestricted Subsidiary, but only if no Default or Event of Default would result from such re-designation. 

“U.S. Tax Compliance Certificate” has the meaning specified in Section 4.4(d)(iii). 

“Voting Stock” shall mean, with respect to any Person, such Person’s Stock or Stock Equivalents having the right to vote
for the election of directors of such Person under ordinary circumstances. 
 “Yield” for any Term Loan on any date on
which any “Yield” is required to be calculated hereunder will be the internal rate of return on such Term Loan determined by the Administrative Agent in consultation with the Borrower utilizing (a) the greater of (i) if
applicable, any “LIBOR floor” applicable to such Term Loan on such date and (ii) the forward LIBOR curve (calculated on a quarterly basis) as calculated by the Administrative Agent in accordance with its customary practice during the
period from such date to the earlier of (x) the date that is four years following such date and (y) the final maturity date of such Term Loan; (b) the Applicable Margin for such Term Loan on such date; and (c) the issue price of
such Term Loan (after giving effect to any original issue discount or upfront fees paid to the market in respect of such 

  
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Term Loan calculated based on an assumed four year average life to maturity); provided that, for purposes of calculating the Yield at any time following the Third Restatement Effective
Date, the Yield of the Additional Term B Loans shall be deemed to be equal to the Yield of the Existing Term B Loans at such time. 
 1.2.
Other Interpretive Provisions. With reference to this Agreement and each other Credit Document, unless otherwise specified herein or in such other Credit Document: 

(a) The meanings of defined terms are equally applicable to the singular and plural forms of the defined terms. 

(b) The words “herein,” “hereto,” “hereof” and “hereunder” and words of similar import
when used in any Credit Document shall refer to such Credit Document as a whole and not to any particular provision thereof. 

(c) Article, Section, Exhibit and Schedule references are to the Credit Document in which such reference appears;
provided that references to (i) Sections in this Agreement shall, unless the context requires otherwise, refer to the corresponding provision determined in accordance with the Original Credit Agreement solely with respect to periods
prior to the Second Restatement Effective Date and to the Second Amended and Restated Credit Agreement solely with respect to periods on or after the Second Restatement Date and prior to the Third Restatement Effective Date and (ii) Schedules
to this Agreement shall, unless otherwise indicated, refer to Schedules to the Original Credit Agreement. 
 (d) The term
“including” is by way of example and not limitation. 
 (e) The term “documents” includes any and
all instruments, documents, agreements, certificates, notices, reports, financial statements and other writings, however evidenced, whether in physical or electronic form. 

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

(g) Section headings herein and in the other Credit Documents are included for convenience of reference only and shall not
affect the interpretation of this Agreement or any other Credit Document. 
 1.3. Accounting Terms. 

(a) All accounting terms not specifically or completely defined herein shall be construed in conformity with, and all financial data
(including financial ratios and other financial calculations) required to be submitted pursuant to this Agreement shall be prepared in conformity with, GAAP. 

(b) Notwithstanding anything to the contrary herein, for purposes of determining compliance with any test or covenant contained in this
Agreement with respect to any period 

  
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during which any Specified Transaction occurs (or has occurred following such Test Period and prior to the date of determination), the Consolidated Total Leverage Ratio, the Consolidated Interest
Coverage Ratio and the Consolidated Senior Secured Leverage Ratio shall be calculated with respect to such period and such Specified Transaction on a Pro Forma Basis. 

1.4. Rounding. Any financial ratios required to be maintained by the Borrower pursuant to this Agreement (or required to be satisfied
in order for a specific action to be permitted under this Agreement) shall be calculated by dividing the appropriate component by the other component, carrying the result to one place more than the number of places by which such ratio is expressed
herein and rounding the result up or down to the nearest number (with a rounding-up if there is no nearest number). 
 1.5. References to
Agreements, Laws, Etc. Unless otherwise expressly provided herein, (a) references to organizational documents, agreements (including the Credit Documents) and other Contractual Requirements shall be deemed to include all subsequent
amendments, restatements, amendment and restatements, extensions, supplements and other modifications thereto, but only to the extent that such amendments, restatements, amendment and restatements, extensions, supplements and other modifications are
permitted by any Credit Document; and (b) references to any Requirement of Law shall include all statutory and regulatory provisions consolidating, amending, replacing, supplementing or interpreting such Requirement of Law. For the avoidance of
doubt, the terms of the Loss Sharing Agreement, dated as of October 11, 2007, by and among the Lenders under the Original Credit Agreement party thereto and the Administrative Agent shall apply to all Loans and Lenders under this Agreement.

 1.6. Exchange Rates. For purposes of determining compliance under Sections 9.4 and 9.6 with respect to any amount in
a currency other than Dollars (other than with respect to (x) any amount derived from the financial statements of the Borrower or its Subsidiaries or (y) any Indebtedness denominated in a currency other than Dollars), such amount shall be
determined using the average prevailing currency exchange rate for such currency for the most recent twelve-month period immediately prior to the date of determination determined in a manner consistent with that used in calculating Consolidated
EBITDA for the related period. For purposes of determining compliance with Sections 9.1, 9.2 and 9.5, with respect to any amount denominated in a currency other than Dollars, compliance will be determined at the time of
incurrence or advancing thereof using the prevailing currency exchange rates in effect at the time of such incurrence or advancement (or, in the case of any commitment denominated in a foreign currency, at the time such commitment is obtained) and
the outstanding amount thereof for purposes of such Sections shall not be deemed to be exceeded as a result of any replacement or refinancing thereof which does not increase the amount thereof (except as otherwise provided by such Sections). 

1.7. Effect of Restatement. This Agreement shall amend and restate the Second Amended and Restated Credit Agreement in its entirety,
with the parties hereby agreeing that there is no novation of the Second Amended and Restated Credit Agreement and, on the Third Restatement Effective Date, the rights and obligations of the parties under the Second Amended and Restated Credit
Agreement shall be subsumed and governed by this Agreement. For purposes of determining compliance with any covenant in Section 9 that limits the maximum Dollar amount of any Investment, Restricted Payment, Indebtedness, Lien or
Disposition, all utilization 

  
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of the “baskets” contained in Section 9 from and after the Closing Date and prior to the Third Restatement Effective Date (other than pursuant to Section 9.6)
shall be taken into account (in addition to any utilization of such baskets from and after the Third Restatement Effective Date). 
 SECTION
2. Amount and Terms of Credit 
 2.1. Commitments. 

(a) Subject to and upon the terms and conditions herein set forth, on the Third Restatement Effective Date, the Additional Term B Lender
agrees to make a loan (an “Additional Term B Loan” and, together with the Existing Term B Loans, the “Term B Loans”) to the Borrower in Dollars in an amount equal to the Additional Term B Commitment. The Term Loans
may, at the option of the Borrower, be incurred and maintained as, and/or converted into, ABR Loans (solely in the case of Loans denominated in Dollars) or LIBOR Loans[; provided that (x) all Term Loans made by each of the Lenders
pursuant to the same Borrowing shall, unless otherwise specifically provided herein, consist entirely of Term Loans of the same Type and (y) on the Third Restatement Effective Date, all Additional Term B Loans shall consist of LIBOR Loans with
an initial Interest Period equal to the remaining Interest Period applicable to the Existing Term B Loans outstanding immediately prior to the Third Restatement Effective Date and the LIBOR Rate applicable to the Additional Term B Loans for that
Interest Period shall be equal to the LIBOR Rate applicable to the Existing Term B Loans outstanding immediately prior to the Third Restatement Effective Date. Term Loans may be repaid or prepaid in accordance with the provisions hereof, but once
repaid or prepaid, may not be reborrowed].1 
 (b) [Reserved]. 

(c) Each Lender may at its option make any LIBOR Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan,
provided that (A) any exercise of such option shall not affect the obligation of the Borrower to repay such Loan and (B) in exercising such option, such Lender shall use its reasonable efforts to minimize any increased costs to the
Borrower resulting therefrom (which obligation of the Lender shall not require it to take, or refrain from taking, actions that it determines would result in increased costs for which it will not be compensated hereunder or that it determines would
be otherwise disadvantageous to it and in the event of such request for costs for which compensation is provided under this Agreement, the provisions of Section 2.10 shall apply). 

2.2. Minimum Amount of Borrowing; Maximum Number of Borrowings. The aggregate principal amount of Borrowing of Term Loans shall be in a
minimum amount of at least the Minimum Borrowing Amount for such Type of Loans and in a multiple of $1,000,000 in excess thereof. More than one Borrowing may be incurred on any date, provided that at no time shall there be outstanding more
than 15 Borrowings of LIBOR Loans under this Agreement. 
  

	1 	Confirm only one Interest Period. 

  
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 2.3. Notice of Borrowing. 

(a) With respect to any Term Loans to be made on or after the Third Restatement Effective Date, the Borrower shall give the Administrative
Agent at the Administrative Agent’s Office (i) prior to 12:00 Noon (New York City time) at least three Business Days’ prior written notice (or telephonic notice promptly confirmed in writing) of the Borrowing of Term Loans if such
Term Loans are to be initially LIBOR Loans and (ii) written notice (or telephonic notice promptly confirmed in writing) prior to 12:00 Noon (New York City time) at least one Business Day prior to the date of the Borrowing of Term Loans if such
Term Loans are to be ABR Loans (or, in the case of Additional Term B Loans, such shorter period as to which the Administrative Agent may agree). Such notice (a “Notice of Borrowing”) shall specify (i) the aggregate principal
amount of the Term Loans to be made, (ii) the date of the Borrowing and (iii) whether the Term Loans shall consist of ABR Loans) and/or LIBOR Loans and, if the Term Loans are to include LIBOR Loans, the Interest Period to be initially
applicable thereto. The Administrative Agent shall promptly give each Lender written notice (or telephonic notice promptly confirmed in writing) of the proposed Borrowing of Term Loans, of such Lender’s proportionate share thereof and of the
other matters covered by the related Notice of Borrowing. 
 (b) Without in any way limiting the obligation of the Borrower to confirm in
writing any notice it may give hereunder by telephone, the Administrative Agent may act prior to receipt of written confirmation without liability upon the basis of such telephonic notice believed by the Administrative Agent in good faith to be from
an Authorized Officer of the Borrower. 
 2.4. Disbursement of Funds. 

(a) No later than 2:00 p.m. (New York City time) on the date specified in each Notice of Borrowing, each Lender will make available its pro
rata portion, if any, of each Borrowing requested to be made on such date in the manner provided below. 
 (b) Each Lender shall make
available all amounts it is to fund to the Borrower under any Borrowing for its applicable Commitments, and in immediately available funds in Dollars to the Administrative Agent at the Administrative Agent’s Office and the Administrative Agent
will make available to the Borrower, by depositing to an account designated by the Borrower to the Administrative Agent the aggregate of the amounts so made available in Dollars. Unless the Administrative Agent shall have been notified by any Lender
prior to the date of any such Borrowing that such Lender does not intend to make available to the Administrative Agent its portion of the Borrowing or Borrowings to be made on such date, the Administrative Agent may assume that such Lender has made
such amount available to the Administrative Agent on such date of Borrowing, and the Administrative Agent, in reliance upon such assumption, may (in its sole discretion and without any obligation to do so) make available to the Borrower a
corresponding amount. If such corresponding amount is not in fact made available to the Administrative Agent by such Lender and the Administrative Agent has made available such amount to the Borrower, the Administrative Agent shall be entitled to
recover such corresponding amount from such Lender. If such Lender does not pay such corresponding amount forthwith upon the Administrative Agent’s demand therefor the Administrative Agent shall promptly notify the Borrower and the Borrower
shall immediately pay such corresponding amount to the Administrative Agent in the applicable currency. The Administrative Agent shall also be entitled to recover 

  
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from such Lender or the Borrower interest on such corresponding amount in respect of each day from the date such corresponding amount was made available by the Administrative Agent to the
Borrower to the date such corresponding amount is recovered by the Administrative Agent, at a rate per annum equal to (i) if paid by such Lender, the Overnight Rate or (ii) if paid by the Borrower, the then-applicable rate of
interest or fees, calculated in accordance with Section 2.8, for the Loans. 
 (c) Nothing in this Section 2.4 shall
be deemed to relieve any Lender from its obligation to fulfill its commitments hereunder or to prejudice any rights that the Borrower may have against any Lender as a result of any default by such Lender hereunder (it being understood, however, that
no Lender shall be responsible for the failure of any other Lender to fulfill its commitments hereunder). 
 2.5. Repayment of Loans;
Evidence of Debt. 
 (a) [Reserved]. 

(b) The Borrower shall repay to the Administrative Agent, in Dollars, for the benefit of the Term B Lenders, on each date set forth below,
commencing with December 31, 2012 (or, if not a Business Day, the immediately preceding Business Day) (each, a “Term B Repayment Date”), the principal amount of the Term B Loans set forth below for such date (each, a
“Term B Repayment Amount”): 
  

					
	 Date
	  	Amount	 
	 Each March 31, June 30, September 30 and December 31 prior to the Final Maturity Date
	  	$	[            	]2 
		
	 Final Maturity Date
	  	 
 
 	The entire principal amounts
of all then outstanding
Term B Loans	  
  
  

 (c) In the event that any New Term Loans are made, such New Term Loans shall, subject to
Section 2.14(c), be repaid by the Borrower in the amounts (each, a “New Term Loan Repayment Amount”) and on the dates (each a “New Repayment Date”) set forth in the applicable Joinder Agreement. 

(d) Each Lender shall maintain in accordance with its usual practice an account or accounts evidencing the indebtedness of the Borrower to the
appropriate lending office of such Lender resulting from each Loan made by such lending office of such Lender from time to time, including the amounts of principal and interest payable and paid to such lending office of such Lender from time to time
under this Agreement. 
  

	2 	0.25% of the aggregate original principal amount of all Term B Loans on the Second Restatement Effective Date plus 0.25% of the aggregate original principal amount of all Additional Term B Loans. 

  
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 (e) The Administrative Agent shall maintain the Register pursuant to Section 12.6(b),
and a subaccount for each Lender, in which Register and subaccounts (taken together) shall be recorded (i) the amount of each Loan made hereunder, whether such Loan is a Term B Loan or New Term Loan of any Series, as applicable, the Type of
each Loan made and the Interest Period, if any, applicable thereto, (ii) the amount of any principal or interest due and payable or to become due and payable from the Borrower to each Lender hereunder and (iii) the amount of any sum
received by the Administrative Agent hereunder from the Borrower and each Lender’s share thereof. 
 (f) The entries made in the
Register and accounts and subaccounts maintained pursuant to clauses (d) and (e) of this Section 2.5 shall, to the extent permitted by applicable law, be prima facie evidence of the existence and amounts of the
obligations of the Borrower therein recorded; provided, however, that the failure of any Lender or the Administrative Agent to maintain such account, such Register or such subaccount, as applicable, or any error therein, shall not in
any manner affect the obligation of the Borrower to repay (with applicable interest) the Loans made to the Borrower by such Lender in accordance with the terms of this Agreement. 

2.6. Conversions and Continuations. 

(a) Subject to the penultimate sentence of this clause (a), (x) the Borrower shall have the option on any Business Day to convert
all or a portion equal to at least $5,000,000 of the outstanding principal amount of Term Loans of one Type into a Borrowing or Borrowings of another Type and (y) the Borrower shall have the option on any Business Day to continue the
outstanding principal amount of any LIBOR Loans as LIBOR Loans for an additional Interest Period, provided that (i) no partial conversion of LIBOR Loans shall reduce the outstanding principal amount of LIBOR Loans made pursuant to a
single Borrowing to less than the Minimum Borrowing Amount, (ii) ABR Loans may not be converted into LIBOR Loans if a Default or Event of Default is in existence on the date of the conversion and the Administrative Agent has or the Required
Lenders have determined in its or their sole discretion not to permit such conversion, (iii) LIBOR Loans may not be continued as LIBOR Loans for an additional Interest Period if a Default or Event of Default is in existence on the date of the
proposed continuation and the Administrative Agent has or the Required Lenders have determined in its or their sole discretion not to permit such continuation and (iv) Borrowings resulting from conversions pursuant to this
Section 2.6 shall be limited in number as provided in Section 2.2. Each such conversion or continuation shall be effected by the Borrower by giving the Administrative Agent at the Administrative Agent’s Office prior to
12:00 Noon (New York City time) at least (i) three Business Days’ notice, in the case of a continuation of or conversion to LIBOR Loans or (ii) one Business Day’s notice in the case of a conversion into ABR Loans prior written
notice (or telephonic notice promptly confirmed in writing) (each, a “Notice of Conversion or Continuation”) specifying the Loans to be so converted or continued, the Type of Loans to be converted or continued into and, if such
Loans are to be converted into or continued as LIBOR Loans, the Interest Period to be initially applicable thereto. The Administrative Agent shall give each applicable Lender notice as promptly as practicable of any such proposed conversion or
continuation affecting any of its Loans. 
 (b) If any Default or Event of Default is in existence at the time of any proposed continuation
of any LIBOR Loans and the Required Lenders have determined in their sole 

  
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discretion not to permit such continuation, such LIBOR Loans shall be automatically converted on the last day of the current Interest Period into ABR Loans. If upon the expiration of any Interest
Period in respect of LIBOR Loans, the Borrower has failed to elect a new Interest Period to be applicable thereto as provided in clause (a), the Borrower shall be deemed to have elected to convert such Borrowing of LIBOR Loans into a
Borrowing of ABR Loans, effective as of the expiration date of such current Interest Period. 
 2.7. Pro Rata Borrowings. Each
Borrowing of Additional Term B Loans or New Term Loans under this Agreement shall be made by the Lenders pro rata on the basis of their then-applicable Additional Term B Loan Commitments or New Term Loan Commitments (of the applicable
Series). It is understood that (a) no Lender shall be responsible for any default by any other Lender in its obligation to make Loans hereunder and that each Lender severally but not jointly shall be obligated to make the Loans provided to be
made by it hereunder, regardless of the failure of any other Lender to fulfill its commitments hereunder) and (b) other than as expressly provided herein with respect to a Defaulting Lender, failure by a Lender to perform any of its obligations
under any of the Credit Documents shall not release any Person from performance of its obligation under any Credit Document. 
 2.8.
Interest. 
 (a) The unpaid principal amount of each ABR Loan shall bear interest from the date of the Borrowing thereof until
maturity (whether by acceleration or otherwise) at a rate per annum that shall at all times be the Applicable Margin plus the ABR in effect from time to time. 

(b) The unpaid principal amount of each LIBOR Loan shall bear interest from the date of the Borrowing thereof until maturity thereof (whether
by acceleration or otherwise) at a rate per annum that shall at all times be the Applicable Margin plus the relevant LIBOR Rate. 

(c) If all or a portion of (i) the principal amount of any Loan or (ii) any interest payable thereon shall not be paid when due
(whether at the stated maturity, by acceleration or otherwise), such overdue amount shall bear interest at a rate per annum that is (the “Default Rate”) (x) in the case of overdue principal, the rate that would otherwise
be applicable thereto plus 2% or (y) in the case of any overdue interest, to the extent permitted by applicable law, the rate described in Section 2.8(a) plus 2% from the date of such non-payment to the date on which
such amount is paid in full (after as well as before judgment). 
 (d) Interest on each Loan shall accrue from and including, in the case of
the Existing Term B Loans, the Second Restatement Effective Date, in the case of the Additional Term B Loans, the Third Restatement Effective Date, and, in the case of New Term Loans, the date of any Borrowing to but excluding the date of any
repayment thereof and shall be payable in Dollars. Except as provided below, interest shall be payable (i) in respect of each ABR Loan, quarterly in arrears on the last Business Day of each March, June, September and December, (ii) in
respect of each LIBOR Loan, on the last day of each Interest Period applicable thereto and, in the case of an Interest Period in excess of three months, on each date occurring at three-month intervals after the first day of such Interest Period,
(iii) in respect of each Loan, (A) on any prepayment (on the amount prepaid but excluding in any event prepayments of ABR Loans), (B) at maturity (whether by acceleration or otherwise) and (C) after such maturity, on demand, and
(iv) in respect of the Existing Term B Loans, the Third Restatement Effective Date. 

  
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 (e) All computations of interest hereunder shall be made in accordance with
Section 4.5. 
 (f) The Administrative Agent, upon determining the interest rate for any Borrowing of LIBOR Loans, shall
promptly notify the Borrower and the relevant Lenders thereof. Each such determination shall, absent clearly demonstrable error, be final and conclusive and binding on all parties hereto. 

2.9. Interest Periods. At the time the Borrower gives a Notice of Borrowing or Notice of Conversion or Continuation in respect of the
making of, or conversion into or continuation as, a Borrowing of LIBOR Loans in accordance with Section 2.6(a), the Borrower shall have the right to elect by giving the Administrative Agent written notice (or telephonic notice promptly
confirmed in writing) the Interest Period applicable to such Borrowing, which Interest Period shall, at the option of the Borrower, be a one, two, three, six or (with the consent of all the Lenders making such Loans) a nine or twelve month period
(or such other period of less than six months as to which the Administrative Agent may consent). 
 Notwithstanding anything to the contrary
contained above, subject to Section 2.1: 
 (a) the initial Interest Period for any Borrowing of LIBOR Loans
shall commence on the date of such Borrowing (including the date of any conversion from a Borrowing of ABR Loans) and each Interest Period occurring thereafter in respect of such Borrowing shall commence on the day on which the preceding Interest
Period expires; 
 (b) if any Interest Period relating to a Borrowing of LIBOR Loans begins on the last Business Day of a
calendar month or begins on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period, such Interest Period shall end on the last Business Day of the calendar month at the end of such Interest
Period; 
 (c) if any Interest Period would otherwise expire on a day that is not a Business Day, such Interest Period shall
expire on the next succeeding Business Day, provided that if any Interest Period in respect of a LIBOR Loan would otherwise expire on a day that is not a Business Day but is a day of the month after which no further Business Day occurs in
such month, such Interest Period shall expire on the preceding Business Day; and 
 (d) the Borrower shall not be entitled to
elect any Interest Period in respect of any LIBOR Loan if such Interest Period would extend beyond the final maturity date of such Loan. 

2.10. Increased Costs, Illegality, Etc. 

(a) In the event that (x) in the case of clause (i) below, the Administrative Agent or (y) in the case of clauses
(ii), (iii) and (iv) below, any Lender shall have reasonably determined (which determination shall, absent clearly demonstrable error, be final and conclusive and binding upon all parties hereto): 

(i) on any date for determining the LIBOR Rate for any Interest Period that (x) deposits in the principal amounts and
Dollars of the Loans comprising such LIBOR Borrowing are not generally available in the relevant market or (y) by reason of any changes arising on or after the Closing Date affecting the interbank LIBOR market, adequate and fair means do not
exist for ascertaining the applicable interest rate on the basis provided for in the definition of LIBOR Rate; or 

  
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 (ii) at any time, that such Lender shall incur increased costs or reductions in
the amounts received or receivable hereunder with respect to any LIBOR Loans (other than any increase or reduction attributable to Taxes) because of (x) any change since the date hereof in any applicable law, governmental rule, regulation,
guideline or order (or in the interpretation or administration thereof and including the introduction of any new law or governmental rule, regulation, guideline or order), such as, for example, without limitation, a change in official reserve
requirements, and/or (y) other circumstances affecting the interbank LIBOR market or the position of such Lender in such market; or 

(iii) at any time, that, as a result of any Change in Law after date hereof, such Lender shall incur any new or incremental
Taxes with respect to any Loan (except for Indemnified Taxes covered by Section 4.4 or any Excluded Tax payable by such Lender); 

(iv) at any time, that the making or continuance of any LIBOR Loan has become unlawful by compliance by such Lender in good
faith with any law, governmental rule, regulation, guideline or order (or would conflict with any such governmental rule, regulation, guideline or order not having the force of law even though the failure to comply therewith would not be unlawful),
or has become impracticable as a result of a contingency occurring after the date hereof that materially and adversely affects the interbank LIBOR market; 

then, and in any such event, such Lender (or the Administrative Agent, in the case of clause (i) above) shall within a reasonable time thereafter
give notice (if by telephone, confirmed in writing) to the Borrower and to the Administrative Agent of such determination (which notice the Administrative Agent shall promptly transmit to each of the other Lenders). Thereafter (x) in the case
of clause (i) above, LIBOR Loans shall no longer be available until such time as the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice by the Administrative Agent no longer
exist, and any Notice of Borrowing or Notice of Conversion given by the Borrower with respect to LIBOR Loans that have not yet been incurred shall be deemed rescinded by the Borrower, (y) in the case of clause (ii) above, the
Borrower shall pay to such Lender, promptly after receipt of written demand therefor such additional amounts (in the form of an increased rate of, or a different method of calculating, interest or otherwise as such Lender in its reasonable
discretion shall determine) as shall be required to compensate such Lender for such increased costs or reductions in amounts receivable hereunder (it being agreed that a written notice as to the additional amounts owed to such Lender, showing in
reasonable detail the basis for the calculation thereof, submitted to the Borrower by such Lender shall, absent clearly demonstrable error, be final and conclusive and binding upon all parties hereto)

  
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and (z) in the case of subclause (iii) above, the Borrower shall take one of the actions specified in Section 2.10(b) as promptly as possible and, in any event,
within the time period required by law. 
 (b) At any time that any LIBOR Loan is affected by the circumstances described in
Section 2.10(a)(ii) or (iii), the Borrower may (and in the case of a LIBOR Loan affected pursuant to Section 2.10(a)(iii) shall) either (x) if the affected LIBOR Loan is then being made pursuant to a Borrowing,
cancel such Borrowing by giving the Administrative Agent telephonic notice (confirmed promptly in writing) thereof on the same date that Borrower was notified by a Lender pursuant to Section 2.10(a)(ii) or (iii) or
(y) if the affected LIBOR Loan is then outstanding, upon at least three Business Days’ notice to the Administrative Agent, require the affected Lender to convert each such LIBOR Loan into an ABR Loan, provided that if more than one
Lender is affected at any time, then all affected Lenders must be treated in the same manner pursuant to this Section 2.10(b). 

(c) If, after the date hereof, any Change in Law relating to capital adequacy of any Lender or compliance by any Lender or its parent with any
Change in Law relating to capital adequacy occurring after the date hereof, has or would have the effect of reducing the rate of return on such Lender’s or its parent’s or its Affiliate’s capital or assets as a consequence of such
Lender’s commitments or obligations hereunder to a level below that which such Lender or its parent or its Affiliate could have achieved but for such Change in Law (taking into consideration such Lender’s or its parent’s policies with
respect to capital adequacy), then from time to time, promptly after demand by such Lender (with a copy to the Administrative Agent), the Borrower shall pay to such Lender such additional amount or amounts as will compensate such Lender or its
parent for such reduction. Each Lender, upon determining in good faith that any additional amounts will be payable pursuant to this Section 2.10(c), will give prompt written notice thereof to the Borrower, which notice shall set forth in
reasonable detail the basis of the calculation of such additional amounts, although the failure to give any such notice shall not, subject to Section 2.13, release or diminish the Borrower’s obligations to pay additional amounts
pursuant to this Section 2.10(c) upon receipt of such notice. 
 (d) It is understood that this Section 2.10 shall
not apply to (i) Taxes indemnifiable under Section 4.4 or (ii) Excluded Taxes. 
 2.11. Compensation. If
(a) any payment of principal of any LIBOR Loan is made by the Borrower to or for the account of a Lender other than on the last day of the Interest Period for such LIBOR Loan as a result of a payment or conversion pursuant to
Section 2.5, 2.6, 2.10, 4.1, 4.2 or 12.7, as a result of acceleration of the maturity of the Loans pursuant to Section 10 or for any other reason, (b) any Borrowing of LIBOR Loans is
not made as a result of a withdrawn Notice of Borrowing, (c) any ABR Loan is not converted into a LIBOR Loan as a result of a withdrawn Notice of Conversion or Continuation, (d) any LIBOR Loan is not continued as a LIBOR Loan, as the case
may be, as a result of a withdrawn Notice of Conversion or Continuation or (e) any prepayment of principal of any LIBOR Loan is not made as a result of a withdrawn notice of prepayment pursuant to Section 4.1 or 4.2, the
Borrower shall, after receipt of a written request by such Lender (which request shall set forth in reasonable detail the basis for requesting such amount), pay to the Administrative Agent for the account of such Lender any amounts required to
compensate such Lender for any additional losses, costs or expenses that 

  
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such Lender may reasonably incur as a result of such payment, failure to convert, failure to continue or failure to prepay, including any loss, cost or expense (excluding loss of anticipated
profits) actually incurred by reason of the liquidation or reemployment of deposits or other funds acquired by any Lender to fund or maintain such LIBOR Loan. 

2.12. Change of Lending Office. Each Lender agrees that, upon the occurrence of any event giving rise to the operation of
Section 2.10(a)(ii), 2.10(a)(iii), 2.10(b) or 4.4 with respect to such Lender, it will, if requested by the Borrower use reasonable efforts (subject to overall policy considerations of such Lender) to designate
another lending office for any Loans affected by such event, or to assign its rights and obligations hereunder (subject to the provisions of Section 12.6) to another of its offices, branches or Affiliates; provided that such
designation is made on such terms that such Lender and its lending office suffer no economic, legal or regulatory disadvantage, with the object of avoiding the consequence of the event giving rise to the operation of any such Section. Nothing in
this Section 2.12 shall affect or postpone any of the obligations of the Borrower or the right of any Lender provided in Section 2.10 or 4.4. 

2.13. Notice of Certain Costs. Notwithstanding anything in this Agreement to the contrary, to the extent any notice required by
Section 2.10 or 2.11 is given by any Lender more than 270 days after such Lender has knowledge (or should have had knowledge) of the occurrence of the event giving rise to the additional cost, reduction in amounts, loss, tax or
other additional amounts described in such Sections, such Lender shall not be entitled to compensation under Section 2.10 or 2.11, as the case may be, for any such amounts incurred or accruing prior to the 271st day prior to the
giving of such notice to the Borrower. 
 2.14. Incremental Facilities. 

(a) At any time and from time to time prior to the Final Maturity Date, the Borrower may by written notice to Administrative Agent elect to
request the establishment of one or more additional tranches of term loans (the commitments thereto, the “New Term Loan Commitments”), in an aggregate amount not to exceed an amount such that, on a Pro Forma Basis and after giving
effect to the borrowing of such New Term Loans and any other Specified Transaction, the Consolidated Senior Secured Leverage Ratio for the most recently ended Test Period shall be less than or equal to 3.5 to 1.0, for all such New Term Loan
Commitments. Each such notice shall specify the date (each, an “Increased Amount Date”) on which the Borrower proposes that the New Term Loan Commitments shall be effective, which shall be a date not less than five Business Days
after the date on which such notice is delivered to the Administrative Agent. The Borrower may approach any Lender or any Person (other than a natural person) to provide all or a portion of the New Term Loan Commitments; provided that any
Lender offered or approached to provide all or a portion of the New Term Loan Commitments may elect or decline, in its sole discretion, to provide a New Term Loan Commitment. In each case, such New Term Loan Commitments shall become effective as of
the applicable Increased Amount Date; provided that (i) no Default or Event of Default shall exist on such Increased Amount Date before or after giving effect to such New Term Loan Commitments, as applicable; (ii) both before and
after giving effect to the making of any Series of New Term Loans, each of the conditions set forth in Section 6 shall be satisfied; (iii) the New Term Loan Commitments shall be effected pursuant to one or more Joinder Agreements
executed and delivered by the Borrower and Administrative Agent, and each of which shall be recorded in the Register and shall be subject to 

  
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the requirements set forth in Sections 4.4(e) and (f); and (iv) the Borrower shall deliver or cause to be delivered any legal opinions or other documents reasonably requested
by the Administrative Agent in connection with any such transaction. Any New Term Loans made on an Increased Amount Date shall be designated, a separate series (a “Series”) of New Term Loans for all purposes of this Agreement. 

(b) On any Increased Amount Date on which any New Term Loan Commitments of any Series are effective, subject to the satisfaction of the
foregoing terms and conditions, (i) each Lender with a New Term Loan Commitment (each, a “New Term Loan Lender”) of any Series shall make a Loan to the Borrower (a “New Term Loan”) in an amount equal to its New
Term Loan Commitment of such Series, and (ii) each New Term Loan Lender of any Series shall become a Lender hereunder with respect to the New Term Loan Commitment of such Series and the New Term Loans of such Series made pursuant thereto. 

(c) The terms and provisions of the New Term Loans and New Term Loan Commitments of any Series shall be, except as otherwise set forth herein
or in the applicable Joinder Agreement, identical to the existing Term B Loans; provided that (i) the applicable New Term Loan Maturity Date of each Series shall be no earlier than the Final Maturity Date and mandatory prepayment and
other payment rights (other than scheduled amortization) of the New Term Loans and the existing Term B Loans shall be identical, (ii) the rate of interest and the amortization schedule applicable to the New Term Loans of each Series shall be
determined by the Borrower and the applicable new Lenders and shall be set forth in each applicable Joinder Agreement; provided that (x) the weighted average life to maturity of all New Term Loans shall be no shorter than the then
remaining weighted average life to maturity of the Term B Loans, (iii) in the event the Yield of the New Term Loans of any Series exceeds the Yield of the Term B Loans by more than 50 basis points, then the Applicable Margins for the Term B
Loans shall be increased to the extent necessary so that the Yield for the Term B Loans shall be 50 basis points less than the Yield for the New Term Loans and (iv) all other terms applicable to the New Term Loans of each Series that differ
from the existing Term B Loans shall be reasonably satisfactory to the Administrative Agent (as evidenced by its execution of the applicable Joinder Agreement). 

(d) Each Joinder Agreement may, without the consent of any other Lenders, effect such amendments to this Agreement and the other Credit
Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provision of this Section 2.14. 

SECTION 3. Fees; Commitments 

3.1. Fees. The Borrower agrees to pay, or cause to be paid, to the Administrative Agent and other Agents any fees in the amounts
previously agreed to in writing by the Borrower in connection with this Agreement. 
 3.2. Mandatory Termination of Commitments. 

(a) The Additional Term B Loan Commitment shall terminate at 5:00 p.m. (New York City time) on the Third Restatement Effective Date. 

(b) The New Term Loan Commitment for any Series shall, unless otherwise provided in the applicable Joinder Agreement, terminate at 5:00 p.m.
(New York City time) on the Increased Amount Date for such Series. 

  
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 SECTION 4. Payments 

4.1. Voluntary Prepayments. The Borrower shall have the right to prepay its Term Loans, without premium or penalty (except as provided
below), in whole or in part from time to time on the following terms and conditions: (a) the Borrower shall give the Administrative Agent at the Administrative Agent’s Office for payment in the currency in which such Loan is denominated
written notice (or telephonic notice promptly confirmed in writing) of its intent to make such prepayment, the amount of such prepayment and (in the case of LIBOR Loans) the specific Borrowing(s) pursuant to which made, which notice shall be given
by the Borrower no later than 12:00 noon (New York City time) (i) in the case of LIBOR Loans, three Business Days prior to or (ii) in the case of ABR Loans, one Business Day prior to, the date of such prepayment and shall promptly be
transmitted by the Administrative Agent to each of the Lenders; (b) each partial prepayment of (i) any Borrowing of LIBOR Loans shall be in a minimum amount of $5,000,000 and in multiples of $1,000,000 in excess thereof and (ii) any
ABR Loans shall be in a minimum amount of $1,000,000 and in multiples of $1,000,000 in excess thereof, provided that no partial prepayment of LIBOR Loans made pursuant to a single Borrowing shall reduce the outstanding LIBOR Loans made
pursuant to such Borrowing to an amount less than the Minimum Borrowing Amount for LIBOR Loans and (c) any prepayment of LIBOR Loans pursuant to this Section 4.1 on any day other than the last day of an Interest Period applicable
thereto shall be subject to compliance by the Borrower with the applicable provisions of Section 2.11. Each prepayment in respect of any Term Loans pursuant to this Section 4.1 shall be (a) applied to the Class or
Classes of Term Loans as the Borrower may specify and (b) applied to reduce Term B Loan Repayment Amounts and/or any New Term Loan Repayment Amounts, as the case may be, in such order as the Borrower may specify. 

4.2. Mandatory Prepayments. 

(a) Term Loan Prepayments. (i) On each occasion that a Prepayment Event occurs, the Borrower shall, within three Business Days
after receipt of the Net Cash Proceeds from such Prepayment Event by the Borrower or any Restricted Subsidiary (or, in the case of Deferred Net Cash Proceeds, within three Business Days after the Deferred Net Cash Proceeds Payment Date), prepay, in
accordance with clause (c) below, Term Loans with a principal amount equal to 100% of the Net Cash Proceeds from such Prepayment Event (which shall be accompanied by any prepayment premium required pursuant to the last paragraph of
Section 4.1). 
 (ii) Not later than the date that is 120 days after the last day of any fiscal year (commencing with and
including the fiscal year ending December 31, 2012), the Borrower shall prepay, in accordance with clause (c) below, Term Loans with a principal amount equal to (x) 50% of Excess Cash Flow for such fiscal year (but only if 50%
of Excess Cash Flow for such fiscal year exceeds $20,000,000), provided that (A) such 50% shall be reduced to 25% if the Consolidated Total Leverage Ratio as of the last day of the most recent Test Period ended prior to such prepayment
date is less than or equal to 3.50 to 1.00 and (B) no payment of any Term 

  
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Loans shall be required under this Section 4.2(a)(ii) if the Consolidated Total Leverage Ratio as of the last day of the most recent Test Period ended prior to such prepayment date is
less than or equal to 2.75 to 1.00, minus (y) the principal amount of Term Loans voluntarily prepaid pursuant to Section 4.1 during such fiscal year. 

(b) Application to Repayment Amounts. Subject to Section 4.2(f), each prepayment of Term Loans required by
Section 4.2(a)(i) or (ii) shall be allocated pro rata among each Class of Term Loans based on the applicable remaining Repayment Amounts due thereunder and shall be applied to reduce such Repayment Amounts in the order
specified by the Borrower. Subject to Section 4.2(f), with respect to each such prepayment, the Borrower will, not later than the date specified in Section 4.2(a) for making such prepayment, give the Administrative Agent
telephonic notice (promptly confirmed in writing and which shall include a calculation of the amount of such prepayment to be applied to each Class of Term Loans) requesting that the Administrative Agent provide notice of such prepayment to each
applicable Lender. 
 (c) Application to Term Loans. With respect to each prepayment of Term Loans required by
Section 4.2(a), the Borrower may, if applicable, designate the Types of Loans that are to be prepaid and the specific Borrowing(s) pursuant to which made. In the absence of a designation by the Borrower as described in the preceding
sentence, the Administrative Agent shall, subject to the above, make such designation in its reasonable discretion with a view, but no obligation, to minimize breakage costs owing under Section 2.11. 

(d) LIBOR Interest Periods. In lieu of making any payment pursuant to this Section 4.2 in respect of any LIBOR Loan other
than on the last day of the Interest Period therefor so long as no Event of Default shall have occurred and be continuing, the Borrower at its option may deposit with the Administrative Agent an amount equal to the amount of the LIBOR Loan to be
prepaid and such LIBOR Loan shall be repaid on the last day of the Interest Period therefor in the required amount. Such deposit shall be held by the Administrative Agent in a non-interest bearing deposit account established on terms reasonably
satisfactory to the Administrative Agent. Such deposit shall constitute cash collateral for the LIBOR Loans to be so prepaid, provided that the Borrower may at any time direct that such deposit be applied to make the applicable payment
required pursuant to this Section 4.2. 
 (e) Minimum Amounts for Asset Sale Prepayment Events and Casualty Events. No
prepayment shall be required pursuant to Section 4.2(a)(i) (i) in the case of any Disposition by, or Casualty Event of, the Borrower or its Restricted Subsidiaries yielding Net Cash Proceeds of less than $5,000,000 or
(ii) unless and until the amount at any time of Net Cash Proceeds from such Asset Sale Prepayment Event or Casualty Event, as applicable, required to be applied at or prior to such time pursuant to such Section and not yet applied at or prior
to such time to prepay Term Loans pursuant to such Section exceeds $25,000,000 in the aggregate for all such Asset Sale Prepayment Events or Casualty Events, as applicable, in any one fiscal year, at which time the excess Net Cash Proceeds over the
amount referred to in this subclause (ii) with respect to such fiscal year shall be applied as a prepayment in accordance with this Section 4.2. 

(f) Foreign Asset Sales. Notwithstanding any other provisions of this Section 4.2, no Net Cash Proceeds of a Casualty Event
attributable to a Restricted Foreign Subsidiary or any asset sale by a Restricted Foreign Subsidiary giving rise to an Asset Sale Prepayment 

  
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Event (in either case, a “Foreign Asset Sale”) shall be required to prepay the Term Loans to the extent that the Borrower has determined in good faith that repatriation of any of
or all the Net Cash Proceeds of such Foreign Asset Sale would have a material adverse tax consequence with respect to such Net Cash Proceeds. 

4.3. Method and Place of Payment. 

(a) Except as otherwise specifically provided herein, all payments under this Agreement shall be made by the Borrower, without set-off,
counterclaim or deduction of any kind, to the Administrative Agent for the ratable account of the Lenders entitled thereto not later than 2:00 p.m. (New York City time), in each case, on the date when due and shall be made in immediately available
funds at the Administrative Agent’s Office or at such other office as the Administrative Agent shall specify for such purpose by notice to the Borrower. All repayments or prepayments of any Loans (whether of principal, interest or otherwise)
hereunder shall be made in Dollars. The Administrative Agent will thereafter cause to be distributed on the same day (if payment was actually received by the Administrative Agent prior to 2:00 p.m. (New York City time) or, otherwise, on the next
Business Day) like funds relating to the payment of principal or interest or other amounts ratably to the Lenders entitled thereto. 
 (b)
Any payments under this Agreement that are made later than 2:00 p.m. (New York City time) shall be deemed to have been made on the next succeeding Business Day. Whenever any payment to be made hereunder shall be stated to be due on a day that is not
a Business Day, the due date thereof shall be extended to the next succeeding Business Day and, with respect to payments of principal, interest thereon shall be payable during such extension at the applicable rate in effect immediately prior to such
extension. 
 4.4. Net Payments. 

(a) Any and all payments made by or on behalf of any Credit Party under this Agreement or any other Credit Document shall be made free and
clear of, and without deduction or withholding for or on account of, any Indemnified Taxes; provided that if any Credit Party or the Administrative Agent shall be required by applicable Requirements of Law to deduct or withhold any
Indemnified Taxes from such payments, then (i) the sum payable by the applicable Credit Party shall be increased as necessary so that after making all required deductions and withholdings (including deductions or withholdings applicable to
additional sums payable under this Section 4.4) the Administrative Agent, the Collateral Agent or any Lender, as the case may be, receives an amount equal to the sum it would have received had no such deductions or withholdings been
made, (ii) the applicable Credit Party and the Administrative Agent shall make such deductions or withholdings and (iii) the applicable Credit Party and the Administrative Agent shall timely pay the full amount deducted or withheld to the
relevant Governmental Authority within the time allowed and in accordance with applicable Requirements of Law. Whenever any Indemnified Taxes are payable by any Credit Party, as promptly as possible thereafter, such Credit Party shall send to the
Administrative Agent for its own account or for the account of such Lender, as the case may be, a certified copy of an original official receipt (or other evidence acceptable to such Lender, acting reasonably) received by such Credit Party showing
payment thereof. 

  
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 For purposes of this Section 4.4, (x) any payments by the Administrative Agent
to a Lender of any amounts received by the Administrative Agent from any Credit Party on behalf of such Lender shall be treated as a payment from the Credit Party to such Lender and (y) if a Lender is treated as a partnership by a jurisdiction
imposing an Indemnified Tax, any withholding or payment of such Indemnified Tax by the Lender in respect of any of such Lender’s partners shall be considered a withholding or payment of such Indemnified Tax by the applicable Credit Party. 

(b) The Borrower shall timely pay and shall indemnify and hold harmless the Administrative Agent, each Collateral Agent and each Lender with
regard to any Other Taxes (whether or not such Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority). If the Borrower determines that a reasonable basis exists to claim a refund of the Other Taxes
indemnified under this clause (b), the Collateral Agent or Lender shall, at the Borrower’s expense, reasonably cooperate with the Borrower in pursuing such refund, provided that no Collateral Agent or Lender shall be required to
pursue the refund claim if such Agent or Lender in good faith discretion determines that to do so would be disadvantageous to it. 
 (c) The
Borrower shall indemnify and hold harmless the Administrative Agent, the Collateral Agent and each Lender within 5 Business Days after written demand therefor, for the full amount of any Indemnified Taxes imposed on the Administrative Agent, the
Collateral Agent or such Lender, as the case may be, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A
certificate setting forth reasonable detail as to the amount of such payment or liability delivered to the Borrower by a Lender, the Administrative Agent or the Collateral Agent (as applicable) on its own behalf or on behalf of a Lender shall be
conclusive absent manifest error. 
 (d) Each Non-U.S. Lender with respect to the Term Loans made to the Borrower, shall, to the extent it
is legally entitled to do so, deliver or cause to be delivered to the Borrower and the Administrative Agent on or prior to the date on which such Non-U.S. Lender becomes a Lender under this Agreement (and from time to time thereafter upon the
request of the Credit Parties or the Administrative Agent, but only if such Non-U.S. Lender is legally entitled to do so), whichever of the following is applicable: 

(i) two duly completed copies of Internal Revenue Service Form W-8BEN claiming eligibility for benefits of an income tax treaty
to which the United States, 
 (ii) two duly completed copies of Internal Revenue Service Form W-8ECI, 

(iii) in the case of a Non-U.S. Lender claiming the benefits of the exemption for portfolio interest under Section 881(c)
of the Code, (A) a certificate substantially in the form of Exhibit E (any such certificate a “U.S. Tax Compliance Certificate”) and (B) two duly completed copies of Internal Revenue Service Form W-8BEN, 

(iv) to the extent a Non-U.S. Lender is not the beneficial owner (for example, where the Non-U.S. Lender is a partnership or
participating Lender granting a typical participation), Internal Revenue Service Form W-8IMY, accompanied by a Form W-8ECI, W-8BEN, U.S. Tax Compliance Certificate, Form W-9 or Form W-8IMY from each beneficial owner, as applicable, 

  
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 (v) in the case of a Non-U.S. Lender that receives payments with respect to the
Term Loans through a nominee that is a “qualified intermediary” as defined in Treasury Regulation Section 1.1441-1(e)(5)(ii), either (I) two (2) properly completed and duly signed copies of an Internal Revenue Service Form
W-8IMY (or successor form) and any attachments thereto by the nominee (A) confirming its qualified intermediary status, (B) designating the accounts of such Non-U.S. Lender for which the qualified intermediary acts as a qualified
intermediary and (C) certifying that it assumes primary responsibility for withholding under Chapter 3 of the Code and for Internal Revenue Service Form 1099 reporting and backup withholding with respect to such Non-U.S. Lender or (II) two
(2) properly completed and duly signed copies of an Internal Revenue Service Form W-8IMY (or successor form) and any attachments thereto by the nominee confirming its qualified intermediary status and any other information (e.g., Internal
Revenue Service Form W-8BEN of such Non-U.S. Lender) that it is required to provide under the applicable Treasury Regulations, or 

(vi) any other forms, documentation or information reasonably requested by the Borrower or the Administrative Agent to
determine the proper rate of withholding or the applicability of any exemption from withholding on any payments to a Non-U.S. Lender with respect to the Term Loans. 

To the extent it is legally entitled to do so, each Non-U.S. Lender shall deliver to the Borrower and the Administrative Agent two further
copies of any such form or certification (or any applicable successor form) on or before the date that any such form or certification expires or becomes obsolete and promptly after the occurrence of any event requiring a change in the most recent
form previously delivered by it to the Borrower or the Administrative Agent, or promptly notify the Borrower and the Administrative Agent that it is unable to do so. 

(e) If any Lender, the Administrative Agent or the Collateral Agent, as applicable, determines, in its sole discretion, that it has received a
refund of an Indemnified Tax or Other Tax for which a payment has been made by any Credit Party pursuant to this Agreement, which refund in the good faith judgment of such Lender, the Administrative Agent or the Collateral Agent, as the case may be,
is attributable to such payment made by such Credit Party, then the Lender, the Administrative Agent or the Collateral Agent, as the case may be, shall reimburse such Credit Party for such amount (together with any interest received thereon) as the
Lender, Administrative Agent or the Collateral Agent, as the case may be, determines in its sole discretion to be the proportion of the refund as will leave it, after such reimbursement, in no better or worse after-Tax position (taking into account
expenses) than it would have been in if the payment had not been required; provided that the Borrower and such Credit Party, upon the request of the Lender, the Administrative Agent or the Collateral Agent, agree to repay the amount paid over
to such Credit Party (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Lender, the Administrative Agent or the Collateral Agent in the event the Lender, the Administrative Agent or the Collateral
Agent is required to repay such refund to such Governmental Authority. Neither the Lender, the Administrative Agent nor the Collateral Agent shall be obliged to disclose any information regarding its tax affairs or computations to any Credit Party
in connection with this clause (e) or any other provision of this Section 4.4. 

  
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 (f) Each Lender and Agent with respect to any Loan made to the Borrower, that is a United States
person under Section 7701(a)(30) of the Code shall, at the reasonable request of the Borrower or the Administrative Agent, deliver to the Borrower and the Administrative Agent two United States Internal Revenue Service Form W-9 (or substitute
or successor form), properly completed and duly executed, certifying that such Lender or Agent is exempt from United States backup withholding. 

(g) The agreements in this Section 4.4 shall survive the termination of this Agreement and the payment of the Loans and all other
amounts payable hereunder. 
 (h) Any Lender that is legally entitled to an exemption from or reduction of income tax under the law of the
jurisdiction in which the Borrower is located, or any treaty to which such jurisdiction is a party, with respect to payments under this Agreement shall cooperate with the Borrower in completing any procedural formalities necessary for the Borrower
to obtain authorization to make such payments without withholding or at a reduced rate. 
 4.5. Computations of Interest and Fees.
Except as provided in the next succeeding sentence, interest on LIBOR Loans and ABR Loans shall be calculated on the basis of a 360-day year for the actual days elapsed. Interest on ABR Loans shall be calculated on the basis of a 365- (or 366-, as
the case may be) day year for the actual days elapsed. 
 4.6. Limit on Rate of Interest. 

(a) No Payment Shall Exceed Lawful Rate. Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any
interest or other amounts under or in connection with this Agreement or otherwise in respect of the Obligations in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation. 

(b) Payment at Highest Lawful Rate. If the Borrower is not obliged to make a payment that it would otherwise be required to make, as a
result of Section 4.6(a), the Borrower shall make such payment to the maximum extent permitted by or consistent with applicable laws, rules and regulations. 

(c) Adjustment if Any Payment Exceeds Lawful Rate. If any provision of this Agreement or any of the other Credit Documents would
obligate the Borrower to make any payment of interest or other amount payable to any Lender in an amount or calculated at a rate that would be prohibited by any applicable law, rule or regulation, then notwithstanding such provision, such amount or
rate shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would not be so prohibited by law, such adjustment to be effected, to the extent necessary, by reducing the amount
or rate of interest required to be paid by the Borrower to the affected Lender under Section 2.8. 
 Notwithstanding the
foregoing, and after giving effect to all adjustments contemplated thereby, if any Lender shall have received from the Borrower an amount in excess of the maximum permitted by any applicable law, rule or regulation, then the Borrower shall be

  
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entitled, by notice in writing to the Administrative Agent to obtain reimbursement from that Lender in an amount equal to such excess, and pending such reimbursement, such amount shall be deemed
to be an amount payable by that Lender to the Borrower. 
 SECTION 5. Conditions Precedent to Third Restatement Effective Date 

The effectiveness of the restatement of the Second Amended and Restated Credit Agreement contemplated by this Agreement is subject to the
satisfaction of the following conditions precedent. 
 5.1. Credit Documents. The Administrative Agent shall have received: 

(a) The Restatement Agreement appropriately completed and executed by Lenders under the Second Amended and Restated Credit
Agreement constituting the Required Lenders thereunder and the Borrower; and 
 (b) an Additional Term B Joinder Agreement
duly executed by the Borrower and the Additional Term B Lender. 
 5.2. Legal Opinion. The Administrative Agent shall have received
the executed legal opinion of Kirkland & Ellis LLP, special New York counsel to the Borrower, in form and substance reasonably satisfactory to the Administrative Agent. 

5.3. Authorization of Proceedings of Each Credit Party. The Administrative Agent shall have received a copy of the resolutions of the
board of directors (or a duly authorized committee thereof) and if applicable, the shareholders and/or the supervisory board or other managers of each Credit Party (or a duly authorized committee thereof) authorizing (a) the execution, delivery
and performance of the Credit Documents to which it is a party and (b) in the case of the Borrower, the extensions of credit contemplated hereunder, certified by the Secretary, Assistant Secretary or other authorized officer of such Credit
Party as of the Third Restatement Effective Date. 
 5.4. Certificates. The Administrative Agent shall have received a certificate
from an Authorized Officer of the Borrower to the effect that (i) the representations and warranties set forth in this Agreement and the other Credit Documents are true and correct in all material respects (except where such representations and
warranties expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of such earlier date), (ii) no Default or Event of Default under the Second Amended
and Restated Credit Agreement shall have occurred and is continuing and no Default or Event of Default under this Agreement shall result for the transactions contemplated hereby to occur on the Third Restatement Effective Date and (iii) after
giving effect to the consummation of the transactions contemplated hereby, the Borrower on a consolidated basis with its Subsidiaries is Solvent. 

5.5. Amendment of ABL Credit Agreement. The ABL Credit Agreement Amendment shall have become effective. 

  
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 5.6. Amendment of Intercreditor Agreement. The Collateral Agent and the ABL Collateral
Agent shall have entered into an amendment to the Intercreditor Agreement in the form of Exhibit F. 
 5.7. Fees. The Borrower
shall have paid the fees referred to in the Restatement Agreement. 
 SECTION 6. Conditions Precedent to All Credit Events 

The agreement of each Lender to make any Loan requested to be made by it on any date after the Third Restatement Effective Date is subject to
the satisfaction of the following conditions precedent: 
 6.1. No Default; Representations and Warranties. At the time of each
Credit Event and also after giving effect thereto: (a) no Default or Event of Default shall have occurred and be continuing and (b) all representations and warranties made by any Credit Party contained herein or in the other Credit
Documents shall be true and correct in all material respects with the same effect as though such representations and warranties had been made on and as of the date of such Credit Event (except where such representations and warranties expressly
relate to an earlier date, in which case such representations and warranties shall have been true and correct in all material respects as of such earlier date). 

6.2. Notice of Borrowing. Prior to the making of each Term Loan, the Administrative Agent shall have received a Notice of Borrowing
(whether in writing or by telephone) meeting the requirements of Section 2.3. 
 The acceptance of the benefits of each Credit
Event after the Third Restatement Effective Date shall constitute a representation and warranty by each Credit Party to each of the Lenders that all the applicable conditions specified in this Section 6 have been satisfied as of that
time. 
 SECTION 7. Representations, Warranties and Agreements 

In order to induce the Lenders to enter into this Agreement and to make the Loans as provided for herein, the Borrower makes the following
representations and warranties to the Lenders, all of which shall survive the execution and delivery of this Agreement and the making of the Loans: 

7.1. Corporate Status. Each of the Borrower and the Restricted Subsidiaries (a) is a duly organized and validly existing
corporation or other entity in good standing (in respect of each jurisdiction where the “good standing” concept exists) under the laws of the jurisdiction of its organization and has the corporate or other organizational power and
authority to own its property and assets and to transact the business in which it is engaged except (with respect to the Restricted Subsidiaries) to the extent that the failure to so exist, be organized, or be in good standing would not reasonably
be expected to result in a Material Adverse Effect and (b) has duly qualified and is authorized to do business and is in good standing (in respect of such jurisdiction where the “good standing” concept exists) in all jurisdictions
where it is required to be so qualified, except where the failure to be so qualified would not reasonably be expected to 

  
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(A) result in a Material Adverse Effect or (B) materially adversely affect the rights and remedies of the Administrative Agent and the Lenders under this Agreement or any of the other Credit
Documents taken as a whole. 
 7.2. Corporate Power and Authority; Enforceability. Each Credit Party has the corporate or other
organizational power and authority to execute, deliver and carry out the terms and provisions of the Credit Documents to which it is a party and has taken all necessary corporate or other organizational action to authorize the execution, delivery
and performance of the Credit Documents to which it is a party. Each Credit Party has duly executed and delivered each Credit Document to which it is a party and each such Credit Document constitutes the legal, valid and binding obligation of such
Credit Party enforceable in accordance with its terms, except as the enforceability thereof may be limited by bankruptcy, insolvency or similar laws affecting creditors’ rights generally and subject to general principles of equity. 

7.3. No Violation. Neither the execution, delivery or performance by any Credit Party of the Credit Documents to which it is a party
nor compliance with the terms and provisions thereof nor the consummation of the transactions contemplated hereby or thereby will (a) contravene any applicable provision of any material law, statute, rule, regulation, order, writ, injunction or
decree of any court or governmental instrumentality, (b) result in any breach of any of the terms, covenants, conditions or provisions of, or constitute a default under, or result in the creation or imposition of any Lien upon any of the
property or assets of such Credit Party or any of the Restricted Subsidiaries (other than Liens created under the Credit Documents or Liens subject to the Intercreditor Agreement) pursuant to, the terms of any material indenture, loan agreement,
lease agreement, mortgage, deed of trust, agreement or other material instrument to which such Credit Party or any of the Restricted Subsidiaries is a party or by which it or any of its property or assets is bound (any such term, covenant, condition
or provision, a “Contractual Requirement”) or (c) violate any provision of the certificate of incorporation, by-laws or other organizational documents of such Credit Party except, with respect to clauses (a) and
(b), as would not reasonably be expected to (A) result in a Material Adverse Effect or (B) materially adversely affect the rights and remedies of the Administrative Agent and the Lenders under this Agreement or any of the other
Credit Documents taken as a whole. 
 7.4. Litigation. Except as set forth on Schedule 7.4, there are no actions, suits or
proceedings (including Environmental Claims) pending or, to the knowledge of the Borrower, threatened with respect to the Borrower or any of its Restricted Subsidiaries that would, in each case, reasonably be expected to result in a Material Adverse
Effect. 
 7.5. Margin Regulations. Neither the making of any Loan hereunder nor the use of the proceeds thereof will violate the
provisions of Regulation T, U or X of the Board. 
 7.6. Governmental Approvals; Other Consents. The execution, delivery and
performance of any Credit Document do not require any consent or approval of, registration or filing with, payment of any stamp, registration, notarial or similar tax or fee to, or other action by, any Governmental Authority or any other Person,
except for (i) such as have been obtained or made and are in full force and effect or are to be made in accordance with Section 8.11(d), (ii) filings and recordings in respect of the Liens created pursuant to the Security
Documents, and (iii) such licenses, approvals, authorizations or consents the failure to obtain or make which 

  
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would not reasonably be expected to (A) have a Material Adverse Effect or (B) materially adversely affect the rights and remedies of the Administrative Agent and the Lenders under this
Agreement or any of the other Credit Documents taken as a whole. 
 7.7. Investment Company Act. No Credit Party is an
“investment company” within the meaning of, and subject to registration under, the Investment Company Act of 1940, as amended. 

7.8. Disclosure. 
 (a) As
of the Third Restatement Effective Date, to the knowledge of the Borrower, none of the written factual information and written data (taken as a whole) furnished by or on behalf of the Borrower, any of the Restricted Subsidiaries or any of their
respective authorized representatives to the Administrative Agent and the Lenders on or before the Third Restatement Effective Date for purposes of or in connection with this Agreement contained any untrue statement of any material fact or omitted
to state any material fact necessary to make such information and data (taken as a whole) not misleading at such time in light of the circumstances under which such information or data was furnished, it being understood and agreed that for purposes
of this Section 7.8(a), such factual information and data shall not include projections (including financial estimates, forecasts and/or any other forward-looking information) and information of a general economic or general industry
nature. 
 (b) The projections (including financial estimates, forecasts and other forward-looking information) contained in the information
and data referred to in clause (a) above were based on good faith estimates and assumptions believed by such Persons to be reasonable at the time made, it being recognized by the Lenders that such projections as to future events are not
to be viewed as facts and that actual results during the period or periods covered by any such projections may differ from the projected results. 

7.9. Financial Condition; Financial Statements. (a) The unaudited historical consolidated financial information of the Borrower as
of June 30, 2012 and June 30, 2011 and for the fiscal quarters then ended and (b) the Historical Financial Statements, in each case, present fairly in all material respects the consolidated financial position of the Borrower at the
respective dates of said information and statements and results of operations for the respective periods covered and such financial statements have been prepared in accordance with GAAP consistently applied except to the extent provided in the notes
to said financial statements and except as contemplated by the definition of GAAP. There has been no Material Adverse Effect since December 31, 2009. 

7.10. Tax Matters. Each of the Borrower and the Restricted Subsidiaries has filed all material Tax returns required to be filed by it
and has paid all material Taxes payable by it that have become due (whether or not shown on a Tax return), other than those Taxes contested in good faith as to which adequate reserves have been provided to the extent required by law and in
accordance with GAAP or which would not reasonably be expected to, individually or in the aggregate, result in a Material Adverse Effect. The Borrower and each of the Restricted Subsidiaries have provided adequate reserves to the extent required by
law and in accordance with GAAP for the payment of all material Taxes not yet due and payable except where the failure 

  
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to do so would not reasonably be expected to, individually or in the aggregate, result in a Material Adverse Effect. Neither the Borrower nor any of its Restricted Subsidiaries has ever
“participated” in a “listed transaction” within the meaning of the U.S. Treasury regulation Section 1.6011-4, except as could not be reasonably expected to, individually or in the aggregate, result in a Material Adverse
Effect. 
 7.11. Compliance with ERISA. 

(a) (i) Each Plan is in compliance with ERISA, the Code and any applicable Requirement of Law; (ii) no Reportable Event has occurred
(or is reasonably likely to occur) with respect to any Plan; (iii) to the knowledge of the Borrower, no Multiemployer Plan is insolvent or in reorganization (or is reasonably likely to be insolvent or in reorganization), and no written notice
of any such insolvency or reorganization has been given to the Borrower or any ERISA Affiliate; (iv) no Plan has an accumulated or waived funding deficiency (or is reasonably likely to have such a deficiency); (v) none of the Borrower or
any ERISA Affiliate has incurred (or is reasonably likely to incur) any liability to or on account of a Plan pursuant to Section 409, 502(i), 502(l), 515, 4062, 4063, 4064, or 4069 of ERISA or Section 4971 or 4975 of the Code or on account
of a Multiemployer Plan pursuant to Section 4201 or 4204 of ERISA or has been notified in writing that it will incur any liability under any of the foregoing Sections with respect to any Plan or Multiemployer Plan; (vi) no proceedings have
been instituted by PBGC (or are reasonably likely to be instituted) to terminate any Plan or to appoint a trustee to administer any Plan or, to the knowledge of the Borrower, to reorganize any Multiemployer Plan, and (vii) no written notice of
any such proceedings has been given to the Borrower or any ERISA Affiliate; and no lien imposed under the Code or ERISA on the assets of the Borrower or any ERISA Affiliate exists (or is reasonably likely to exist) nor has the Borrower or any ERISA
Affiliate been notified in writing that such a lien will be imposed on the assets of the Borrower or any ERISA Affiliate on account of any Plan, except to the extent that a breach of any of the representations, warranties or agreements in this
Section 7.11(a)(i) through (vii) would not result, individually or in the aggregate, in an amount of liability that would be reasonably likely to have a Material Adverse Effect. No Plan has an Unfunded Current Liability that
would be reasonably likely to have a Material Adverse Effect. 
 (b) All Foreign Plans are in compliance with, and have been established,
administered and operated in accordance with, the terms of such Foreign Plans and applicable law, except for any failure to so comply, establish, administer or operate the Foreign Plans as would not reasonably be expected to have a Material Adverse
Effect. All contributions or other payments which are due with respect to each Foreign Plan have been made in full and there are no funding deficiencies thereunder, except to the extent any such events would not, individually or in the aggregate,
reasonably be expected to have a Material Adverse Effect. 
 7.12. Subsidiaries. Schedule 7.12 lists each Subsidiary of the
Parent (and the direct and indirect ownership interest of the Parent therein), in each case existing on the Closing Date after giving effect to the Transactions. 

7.13. Intellectual Property. The Borrower and each of the Restricted Subsidiaries have obtained all intellectual property, free from
burdensome restrictions, that are necessary for the operation of their respective businesses as currently conducted, except where the failure to obtain any such rights could not reasonably be expected to have a Material Adverse Effect. 

  
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 7.14. Environmental Laws. 

(a) Except as set forth on Schedule 7.14, or as could not otherwise reasonably be expected to have a Material Adverse Effect:
(i) the Borrower and each of the Subsidiaries and all Real Estate are in compliance with all Environmental Laws; (ii) neither the Borrower nor any Subsidiary is subject to any Environmental Claim or any other liability under any
Environmental Law; (iii) neither the Borrower nor any Subsidiary is conducting or paying for, in whole or in part, any investigation, removal, remedial or other corrective action pursuant to any Environmental Law at any location; and
(iv) no underground storage tank or related piping, or any impoundment or other disposal area from which there has been a release of Hazardous Materials is located at, on or under any Real Estate currently owned or leased by the Borrower or any
of its Subsidiaries. 
 (b) Neither the Borrower nor any of the Subsidiaries has treated, stored, transported, Released or disposed or
arranged for disposal or transport for disposal of Hazardous Materials at, on, under or from any currently or formerly owned or leased Real Estate or facility in a manner that could reasonably be expected to have a Material Adverse Effect. 

(c) This Section 7.14 sets forth the sole representations and warranties of the Borrower with respect to Environmental Laws. 

7.15. Properties. (a) The Borrower and each of the Restricted Subsidiaries have good and marketable title to or leasehold
interests in all properties that are necessary for the operation of their respective businesses as currently conducted and as proposed to be conducted, free and clear of all Liens (other than any Liens permitted by this Agreement) and except where
the failure to have such good title could not reasonably be expected to have a Material Adverse Effect and (b) no Mortgage encumbers improved Real Estate that is located in an area that has been identified by the Secretary of Housing and Urban
Development as an area having special flood hazards within the meaning of the National Flood Insurance Act of 1968 unless flood insurance available under such Act has been obtained in accordance with Section 8.3. 

7.16. Solvency. Immediately following the making of each Loan and after giving effect to the application of the proceeds of such Loans,
the Borrower on a consolidated basis with its Subsidiaries will be Solvent. 
 7.17. Collateral. Upon execution and delivery thereof
by the parties thereto, the Security Documents will be effective to create (to the extent described therein), in favor of the Collateral Agent for the ratable benefit of the applicable Secured Parties, a legal, valid and enforceable security
interest in the Collateral described therein, except as may be limited by applicable domestic or foreign bankruptcy, insolvency, fraudulent conveyance, reorganization, moratorium and other similar laws relating to or affecting creditors’ rights
generally, general equitable principles (whether considered in a proceeding in equity or at law) and an implied covenant of good faith and fair dealing. When the actions specified in each Security Agreement have been duly taken and the Mortgages
have been duly recorded, the security interests granted pursuant 

  
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thereto shall constitute (to the extent described therein) a perfected security interest in all right, title and interest of each pledgor or mortgagor (as applicable) party thereto in the
Collateral described therein (other than Excluded Perfection Assets) with respect to such pledgor or mortgagor (as applicable) if and to the extent perfection can be achieved by taking such actions. 

7.18. Insurance. The Borrower and its Restricted Subsidiaries are in compliance with the provisions of Section 8.3. Each Credit
Party has insurance in such amounts and covering such risks and liabilities as are customary for companies of a similar size engaged in similar businesses in similar locations. 

SECTION 8. Affirmative Covenants 

The Borrower hereby covenants and agrees that on the Closing Date and thereafter, until all Loans, together with interest and all other
Obligations (other than indemnification and other contingent Obligations in each case not then due and payable) hereunder, are paid in full: 

8.1. Information Covenants. The Borrower will furnish to the Administrative Agent (which shall promptly make such information available
to the Lenders in accordance with its customary practice): 
 (a) Annual Financial Statements. As soon as available
and in any event on or before the date that is 90 days after the end of each fiscal year of the Borrower (commencing with the fiscal year ending December 31, 2012), the consolidated balance sheet of the Borrower and the Subsidiaries and, if
different, the Borrower and the Restricted Subsidiaries, in each case as at the end of such fiscal year, and the related consolidated statements of operations, shareholders’ equity and cash flows for such fiscal year, setting forth in each case
in comparative form the figures for the previous fiscal year, prepared in accordance with GAAP, audited and accompanied by a report and opinion of a public accounting firm of nationally recognized standing which report and opinion shall be prepared
in accordance with generally accepted auditing standards and shall not be subject to any “going concern” or like qualification or exception or any qualification or exception as to the scope of such audit. Such financial statements shall be
accompanied by a management narrative in a form reasonably satisfactory to the Administrative Agent describing significant factors resulting in changes during such fiscal year from the previous fiscal year and budgeted amounts. 

(b) Quarterly Financial Statements. As soon as available and in any event on or before the date that is 45 days after
the end of each of the first three quarterly accounting periods of the Borrower in each fiscal year (commencing with the fiscal quarter ending September 30, 2012), the consolidated balance sheets of the Borrower and the Subsidiaries and, if
different, the Borrower and the Restricted Subsidiaries, in each case as at the end of such quarterly period, and the related consolidated statements of income and shareholders’ equity for such quarterly accounting period and for the elapsed
portion of the fiscal year ended with the last day of such quarterly period, and the related consolidated statement of cash flows for the elapsed portion of the fiscal year ended with the last day of such quarterly period, and setting forth in each
case in comparative form the figures 

  
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for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail, certified by an Authorized Officer of the
Borrower as fairly presenting the financial condition, results of operations, shareholders’ equity and cash flows of the Borrower and the Subsidiaries in accordance with GAAP, subject only to normal year-end audit adjustments and the absence of
footnotes. Such financial statements shall be accompanied by a management narrative in form reasonably satisfactory to the Administrative Agent describing significant factors resulting in changes during such fiscal quarter and in the year to date
period from the corresponding periods in the previous year and budgeted amounts. 
 (c) Budgets. Within 45 days after
the commencement of each fiscal year of the Borrower (commencing with the fiscal year ending December 31, 2013), a budget of the Borrower and the Subsidiaries for such fiscal year as customarily prepared by management of the Borrower for their
internal use; consistent in scope with the financial statements provided pursuant to Section 8.1(a), setting forth the principal assumptions upon which such budget is based. 

(d) Officer’s Certificates. At the time of the delivery of the financial statements provided for in Sections
8.1(a) and (b), a certificate of an Authorized Officer of the Borrower to the effect that to such Authorized Officer’s knowledge, no Default or Event of Default exists or, if any Default or Event of Default does exist, specifying the
nature and extent thereof, and which certificate shall set forth the amount of any Pro Forma Adjustment not previously set forth in a Pro Forma Adjustment Certificate or any change in the amount of a Pro Forma Adjustment set forth in any Pro Forma
Adjustment Certificate previously provided and, in either case, in reasonable detail, the calculations and basis therefor. At the time of the delivery of the financial statements provided for in Section 8.1(a), (i) a certificate of
an Authorized Officer of the Borrower setting forth in reasonable detail the Applicable Amount as at the end of the fiscal year to which such financial statements relate and (ii) a certificate of an Authorized Officer of the Borrower setting
forth the information required pursuant to Sections 1(a), 2, 3, 4, 5, 6, 7, 8, 9, 10(a) and 10(b) of the Perfection Certificate or confirming that there has been no change in such information since the Closing Date or the date of the most recent
certificate delivered pursuant to this clause (d)(ii), as the case may be. 
 (e) Notice of Default or
Litigation. Promptly after an Authorized Officer of the Borrower obtains knowledge thereof, notice of (i) the occurrence of any event that constitutes a Default or Event of Default, which notice shall specify the nature thereof, the period
of existence thereof (to the extent known) and what action the Borrower proposes to take with respect thereto and (ii) any litigation or governmental proceeding pending against the Borrower or any of the Restricted Subsidiaries that would
reasonably be expected to be determined adversely and, if so determined, to result in a Material Adverse Effect. 
 (f)
Environmental Matters. Promptly after obtaining knowledge of any one or more of the following environmental matters, unless such environmental matters could not, individually or when aggregated with all other such matters, be reasonably
expected to result in a Material Adverse Effect, notice of: 
 (i) any pending or threatened Environmental Claim against any
Credit Party or any Real Estate; 

  
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 (ii) any condition or occurrence on any Real Estate that (x) could
reasonably be expected to result in noncompliance by any Credit Party with any applicable Environmental Law or (y) could reasonably be anticipated to form the basis of an Environmental Claim against any Credit Party or any Real Estate; 

(iii) any condition or occurrence on any Real Estate that could reasonably be anticipated to cause such Real Estate to be
subject to any restrictions on the ownership, occupancy, use or transferability of such Real Estate under any Environmental Law; and 

(iv) the conduct of any investigation, or any removal, remedial or other corrective action in response to the actual or alleged
presence, release or threatened release of any Hazardous Material on, at, under or from any Real Estate. 
 All such notices shall describe
in reasonable detail the nature of the claim, investigation, condition, occurrence or removal or remedial action and the response thereto. 

(g) [Reserved]. 

(h) Pro Forma Adjustment Certificate. Not later than any date on which financial statements are delivered with respect
to any Test Period in which a Pro Forma Adjustment is made as a result of the consummation of the acquisition of any Acquired Entity or Business by the Borrower or any Restricted Subsidiary for which there shall be a Pro Forma Adjustment, a
certificate of an Authorized Officer of the Borrower setting forth the amount of such Pro Forma Adjustment and, in reasonable detail, the calculations and basis therefor. 

(i) [Reserved] 

(j) Change of Name, Locations, Etc. Not later than 30 days following the occurrence of any change referred to in
subclauses (i) through (iv) below, written notice of any change (i) in the legal name of any Credit Party, (ii) in the jurisdiction of organization of any Credit Party for purposes of the UCC, (iii) in the type
of organization of any Credit Party or (iv) in the Federal Taxpayer Identification Number or organizational identification of any Credit Party. The Borrower shall also promptly provide the Collateral Agent with copies of organizational
documents reflecting any of the changes described in the first sentence of this clause (j). 
 8.2. Books, Records and
Inspections. The Borrower will, and will cause each Restricted Subsidiary to, permit officers and designated representatives of the Administrative Agent or the Lenders to visit and inspect any of the properties or assets of the Borrower and any
such Restricted Subsidiary in whomever’s possession to the extent that it is within such party’s control to permit such inspection, and to examine the books and records of the Borrower and any such Restricted Subsidiary and discuss the
affairs, finances and accounts of the Borrower and of any such Restricted Subsidiary with, and be advised as to the same by, its and their officers and 

  
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independent accountants, all at such reasonable times and intervals and to such reasonable extent as the Administrative Agent or the Lenders may reasonably request (and subject, in the case of
any such meetings or advice from such independent accountants, to such accountants’ customary policies and procedures); provided that, excluding any such visits and inspections during the continuation of an Event of Default, only the
Administrative Agent on behalf of the Lenders may exercise rights of the Administrative Agent and the Lenders under this Section 8.2 and only two such visits per fiscal year of the Borrower shall be at the Borrower’s expense (and
only to the extent such expense is reasonable); provided further that when an Event of Default exists, the Administrative Agent (or any of its representatives or independent contractors) may do any of the foregoing at the expense of
the Borrower and any Lender, at its own expense, may do any of the foregoing at any time during normal business hours and upon reasonable advance notice. 

8.3. Maintenance of Insurance. 

(a) The Borrower will, and will cause each Restricted Subsidiary to, at all times maintain in full force and effect, pursuant to
self-insurance arrangements or with insurance companies that are financially sound at the time the relevant coverage is placed or renewed, insurance in at least such amounts and against at least such risks (and with such risk retentions) as are
usually insured against in the same general area by companies engaged in the same or a similar business; and will furnish to the Lenders, upon reasonable written request from the Administrative Agent, information presented in reasonable detail as to
the insurance so carried. 
 (b) All such insurance shall (i) provide that no cancellation, material reduction in amount or material
change in coverage thereof shall be effective until at least 30 days after receipt by the Collateral Agent of written notice thereof, and (ii) name the Collateral Agent as mortgagee (in the case of property insurance) or additional insured on
behalf of the Secured Parties (in the case of liability insurance) or loss payee (in the case of property insurance), as applicable. 
 (c)
With respect to each Mortgaged Property, obtain flood insurance in such total amount as the Administrative Agent may from time to time require, if at any time the area in which any improvements located on any Mortgaged Property is designated a
“flood hazard area” in any Flood Insurance Rate Map published by the Federal Emergency Management Agency (or any successor agency), and otherwise comply with the National Flood Insurance Program as set forth in the Flood Disaster
Protection Act of 1973, as amended from time to time. 
 (d) No Credit Party that is an owner of Mortgaged Property shall take any action
that is reasonably likely to be the basis for termination, revocation or denial of any insurance coverage required to be maintained under such Credit Party’s respective Mortgage or that could be the basis for a defense to any claim under any
Insurance Policy maintained in respect of the Premises, and each Credit Party shall otherwise comply in all material respects with all Insurance Requirements in respect of the premises; provided, however, that each Credit Party may, at
its own expense, (i) contest the applicability or enforceability of any such Insurance Requirements by appropriate legal proceedings or (ii) cause the Insurance Policy containing any such Insurance Requirement to be replaced by a new
policy complying with the provisions of this Section 8.3. 

  
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 8.4. Payment of Taxes. The Borrower will timely pay and discharge, and will cause each of
the Restricted Subsidiaries to timely pay and discharge all Taxes imposed upon it, or upon any properties belonging to it, and all lawful claims in respect of any Taxes imposed, assessed or levied that, if unpaid, could reasonably be expected to
become a Lien upon any properties of the Borrower or any of the Restricted Subsidiaries, provided that neither the Borrower nor any of the Restricted Subsidiaries shall be required to pay any such Tax that is being contested in good faith and
by proper proceedings if it has maintained adequate reserves with respect thereto to the extent required by law and in accordance with GAAP and the failure to pay could not reasonably be expected to, individually or in the aggregate, result in a
Material Adverse Effect. 
 8.5. Maintenance of Existence. The Borrower will do, and will cause each Restricted Subsidiary to do, or
cause to be done, all things necessary to preserve and keep in full force and effect its existence, corporate rights and authority, except to the extent that the failure to do so would not reasonably be expected to have a Material Adverse Effect;
provided, however, that the Borrower and its Subsidiaries may consummate any transaction permitted under Section 9.3, 9.4 or 9.5. 

8.6. Compliance with Statutes, Regulations, Etc. The Borrower will, and will cause each Restricted Subsidiary to, comply with all
applicable laws, rules, regulations and orders applicable to it or its property, including all governmental approvals or authorizations required to conduct its business, and to maintain all such governmental approvals or authorizations in full force
and effect, in each case except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. 
 8.7.
Maintenance of Properties. The Borrower will, and will cause each of the Restricted Subsidiaries to, keep and maintain all tangible property material to the conduct of its business in good working order and condition, ordinary wear and tear
excepted, except to the extent that the failure to do so could reasonably be expected to have a Material Adverse Effect; provided, however, that the Borrower and its Subsidiaries may consummate any transaction permitted under
Section 9.3, 9.4 or 9.5. 
 8.8. Additional Guarantors and Grantors. The Borrower will cause each direct or
indirect Domestic Subsidiary formed or otherwise purchased or acquired after the date hereof (including pursuant to a Permitted Acquisition) and each other Domestic Subsidiary (in each case, other than an Excluded Subsidiary) that ceases to
constitute an Excluded Subsidiary to execute a supplement to each of the Guarantee and the Security Agreement in order to become a Guarantor under the Guarantee and a grantor under the Security Agreement and take all other action reasonably
requested by the Collateral Agent to grant a perfected security interest in its assets to substantially the same extent as created by the Credit Parties on the Closing Date (including actions required pursuant to Section 8.11(d) of the
Original Credit Agreement as defined in the Original Credit Agreement) except for Excluded Assets and Excluded Perfection Assets. 
 8.9.
Pledge of Additional Stock and Evidence of Indebtedness. The Borrower will cause (i) all certificates representing Stock and Stock Equivalents of any Subsidiary (other than (x) any Excluded Stock and Stock Equivalents and
(y) any Stock and Stock Equivalents issued by any Subsidiary for so long as such Subsidiary does not (on a consolidated basis with its 

  
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Restricted Subsidiaries) have property, plant and equipment with a book value in excess of $2,500,000 or a contribution to Consolidated EBITDA for any four fiscal quarter period that includes any
date on or after the Closing Date in excess of $1,000,000 held directly by any Credit Party, and (ii) any promissory notes executed after the date hereof evidencing Indebtedness in excess of $10,000,000 held by the Borrower or any Guarantor
(other than to the extent the debtor thereon is a Credit Party), in each case, to be delivered to the Collateral Agent as security for the Obligations under the Security Agreement. 

8.10. Use of Proceeds. The Borrower will use the proceeds of the Additional Term B Loans solely to pay any fees and expenses incurred
in connection with the entering into of this Agreement, the ABL Credit Agreement Amendment and the other transactions occurring on the Third Restatement Effective Date and for general corporate purposes. The Borrower will use any proceeds from New
Term Loans received by it for general corporate purposes not in contravention of any law or this Agreement. 
 8.11. Further
Assurances. 
 (a) The Borrower will, and will cause each other Credit Party to, execute any and all further documents, financing
statements, agreements and instruments, and take all such further actions (including the filing and recording of financing statements, fixture filings, mortgages, deeds of trust and other documents) that may be reasonably required under any
applicable law, or that the Collateral Agent or the Required Lenders may reasonably request, in order to grant, preserve, protect and perfect the validity and priority of the security interests created or intended to be created by the applicable
Security Documents, all at the reasonable expense of the Borrower and the Restricted Subsidiaries, provided, however, that no Credit Party shall be under any obligation to enter into any such document, financing statement, agreement or
instrument, or take any such action in respect of Excluded Perfection Assets. 
 (b) Subject to the applicable limitations set forth in the
Security Documents, if any assets (including any real estate or improvements thereto or any ownership (but not, for the avoidance of doubt, leasehold) interest therein but excluding Stock and Stock Equivalents of any Subsidiary) with a book value in
excess of $5,000,000 are acquired by the Credit Party or any other Credit Party after the Closing Date (other than assets constituting Collateral under a Security Document that become subject to the perfected Lien of the applicable Security Document
upon acquisition thereof, or assets constituting Excluded Assets or Excluded Perfection Assets) that are of a nature secured by a Security Document and intended to be collateral, the Borrower will notify the Collateral Agent, and, if reasonably
requested by the Collateral Agent, the Borrower will cause such assets to be subjected to a Lien securing the applicable Obligations and will take, and cause the other applicable Credit Parties to take, such actions as shall be necessary or
reasonably requested by the Collateral Agent to grant and perfect such Liens consistent with the applicable requirements of the Security Documents, including actions described in clause (a) of this Section 8.11;
provided that this Section 8.11(b) shall not apply to Excluded Assets and Excluded Perfection Assets. 
 (c) Any Mortgage
delivered to the Collateral Agent in accordance with the preceding clause (b) shall be accompanied by (w) a Title Policy, (x) Survey, (y) flood certificate and (z) in the case of a Mortgage, an opinion of local
counsel to the mortgagor in form and substance reasonably acceptable to the Collateral Agent. 

  
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 (d) The Borrower agrees that it will, or will cause its relevant Credit Parties to, complete each
of the actions described on Schedule 8.11 to this Agreement as soon as commercially reasonable and by no later than the date set forth in Schedule 8.11 to this Agreement with respect to such action or such later date as the
Administrative Agent may reasonably agree. 
 8.12. End of Fiscal Years; Fiscal Quarters. The Borrower will, for financial reporting
purposes, cause (a) each of its, and each of its Subsidiaries’, fiscal years to end on December 31 of each year and (b) each of its, and each of its Subsidiaries’, fiscal quarters to end on dates consistent with such fiscal
year end and the Borrower’s past practice. 
 SECTION 9. Negative Covenants 

The Borrower hereby covenants and agrees that on the Closing Date (immediately after consummation of the Acquisition) and thereafter, until
the Loans, together with interest and all other Obligations (other than indemnification and other contingent expense reimbursement Obligations in each case not then due and payable) incurred hereunder, are paid in full: 

9.1. Limitation on Indebtedness. The Borrower will not, and will not permit any of the Restricted Subsidiaries to, create, incur,
assume or suffer to exist any Indebtedness, except: 
 (a) (x) Indebtedness arising under the Credit Documents and
(y) Indebtedness under the ABL Facility in an aggregate principal amount not to exceed (i) $1,100,000,000 at any time outstanding under the ABL Facility plus (ii) up to $300,000,000; 

(b) subject to compliance with Section 9.5, Indebtedness of the Borrower or any Restricted Subsidiary owed to the
Borrower or any Restricted Subsidiary; provided that, in each case, all such Indebtedness of any Credit Party owed to any Person that is not a Credit Party shall be subordinated to the Obligations of such Credit Party on customary terms; 

(c) Indebtedness in respect of any bankers’ acceptance, bank guarantees, letter of credit, warehouse receipt or similar
facilities entered into in the ordinary course of business (including in respect of workers compensation claims, health, disability or other employee benefits or property, casualty or liability insurance or self-insurance or other Indebtedness with
respect to reimbursement-type obligations regarding workers compensation claims); 
 (d) subject to compliance with
Section 9.5, Guarantee Obligations incurred by (i) Restricted Subsidiaries in respect of Indebtedness of the Borrower or other Restricted Subsidiaries that is permitted to be incurred under this Agreement (provided that if
the Indebtedness guaranteed constitutes Subordinated Indebtedness, then such Guarantee Obligations shall be subordinated to the applicable Obligations to at least the same extent as the Indebtedness so guaranteed) and (ii) the Borrower in
respect of Indebtedness of Restricted Subsidiaries that is permitted to be incurred under this Agreement, provided that there shall be no guarantee pursuant to this clause (d) by a Restricted Subsidiary that is not a Guarantor of
any Indebtedness of a Credit Party; 

  
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 (e) Guarantee Obligations (i) incurred in the ordinary course of business in
respect of obligations of (or to) suppliers, customers, franchisees, lessors and licensees or (ii) otherwise constituting Investments permitted by Section 9.5(g); 

(f) (i) Indebtedness (including Indebtedness arising under Capital Leases) incurred within 270 days of the acquisition,
construction or improvement of fixed or capital assets to finance the acquisition, construction or improvement of such fixed or capital assets, provided that the aggregate amount of Indebtedness incurred pursuant to this subclause
(f)(i) at any time outstanding (when aggregated with all Indebtedness outstanding under subclause (f)(ii) below) shall not exceed $30,000,000, and (ii) any modification, replacement, refinancing, refunding, renewal or extension of
any Indebtedness specified in subclause (i) above, provided that the principal amount thereof does not exceed the principal amount thereof outstanding immediately prior to such modification, replacement, refinancing, refunding,
renewal or extension except by an amount equal to any fees and expenses incurred in connection with such modification, replacement, refinancing, refunding, renewal or extensions; 

(g) Existing Indebtedness and any modification, replacement, refinancing, refunding, renewal or extension thereof;
provided that (x) the principal amount thereof does not exceed the principal amount thereof outstanding immediately prior to such modification, replacement, refinancing, refunding, renewal or extension except by an amount equal to the
amount of fees and expenses incurred in connection with such modification, replacement, refinancing, refunding, renewal or extension, (y) the direct and contingent obligors with respect to such Indebtedness are not changed and (z) no
portion of such Indebtedness matures prior to the Final Maturity Date (unless the Existing Indebtedness being modified, replaced, refunded, renewed or extended originally matured prior to the Final Maturity Date); 

(h) Indebtedness in respect of Hedge Agreements not entered into for speculative purposes; 

(i) Indebtedness in respect of (x) the Subordinated Notes in an aggregate principal amount not to exceed $1,000,000,000
and (y) any modification, replacement, refinancing, refunding, renewal or extension of Indebtedness referred to in the foregoing subclause (x); provided that (i) the principal amount thereof does not exceed the principal
amount thereof outstanding immediately prior to such modification, replacement, refinancing, refunding, renewal or extension, except by the amount of fees and expenses incurred in connection with such modification, replacement, refinancing,
refunding, renewal or extension, (ii) such Indebtedness is subordinated to the Obligations to at least the same extent as the Subordinated Notes and (iii) the other terms of such Indebtedness are not less favorable, taken as a whole, to
the Lenders than the terms of the Subordinated Notes; 

  
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 (j) (i) Indebtedness of a Person or Indebtedness attaching to assets of a
Person that, in either case, becomes a Restricted Subsidiary of the Borrower (or is a Restricted Subsidiary that survives a merger with such Person) or Indebtedness attaching to assets that are acquired by the Borrower or any Restricted Subsidiary,
in each case after the Closing Date as the result of a Permitted Acquisition; provided that 
 (x) such Indebtedness
existed at the time such Person became a Restricted Subsidiary or at the time such assets were acquired and, in each case, was not created in anticipation thereof, 

(y) such Indebtedness is not guaranteed in any respect by the Borrower or any Restricted Subsidiary (other than by any such
Person that becomes a Restricted Subsidiary in such transaction or is the survivor of a merger with such Person or any of its Subsidiaries in such transaction), and 

(z) (A) after giving Pro Forma Effect to the assumption of such Indebtedness, the Consolidated Interest Coverage Ratio is
at least 2.0 to 1.0 and, if such Indebtedness is secured by any Liens, the Consolidated Senior Secured Leverage Ratio for the most recently ended Test Period shall be less than or equal to 4.0 to 1.0 and (B) except for Indebtedness consisting
of Capitalized Lease Obligations, revenue bonds, purchase money Indebtedness, working capital facilities, overdraft facilities and cash management arrangements, or mortgages or other Liens on specific assets, no portion of such Indebtedness matures
prior to the Final Maturity Date; and 
 (ii) any modification, replacement, refinancing, refunding, renewal or extension of
any Indebtedness specified in subclause (i) above, provided that (x) the principal amount of any such Indebtedness does not exceed the principal amount thereof outstanding immediately prior to such modification, replacement,
refinancing, refunding, renewal or extension except by the amount of fees and expenses incurred in connection with such modification, replacement, refinancing, refunding, renewal or extension, (y) the direct and contingent obligors with respect
to such Indebtedness are not changed and (z) if the Indebtedness being refinanced, or any guarantee thereof, constituted Subordinated Indebtedness, then such replacement or refinancing Indebtedness, or such guarantee, respectively, shall be
subordinated to the Obligations to at least the same extent; 
 (k) Indebtedness in respect of customs, stay, performance,
bid, appeal and surety bonds and completion guarantees and similar obligations not in connection with money borrowed, in each case provided in the ordinary course of business, including those incurred to secure health, safety and environmental
obligations in the ordinary course of business; 
 (l) additional Indebtedness in an amount not to exceed $50,000,000 at any
time outstanding; 
 (m) Indebtedness of the Credit Parties (i) (x) so long as after giving Pro Forma Effect to the
incurrence of such Indebtedness and the application of proceeds thereof on 

  
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the date of incurrence of such Indebtedness, the Consolidated Interest Coverage Ratio shall be at least 2.0 to 1.0 and (y) the terms of such Indebtedness do not provide for any scheduled
repayment, mandatory redemption or sinking fund obligation prior to the date that is 91 days after the Final Maturity Date (provided that such Indebtedness may provide for (A) customary offers to purchase upon a change of control, asset
sale or event of loss and a mandatory offer to prepay from refinancing Indebtedness specified in subclause (ii) below, (B) customary acceleration rights after an event of default and (C) an initial maturity that is earlier than
the Final Maturity Date so long as such Indebtedness automatically converts to Indebtedness maturing at least 91 days after the Final Maturity Date subject only to the condition that no payment event of default or bankruptcy (with respect to the
Borrower and its Subsidiaries) exists on the initial maturity date) and (ii) any refinancing, refunding, renewal or extension of any Indebtedness specified in subclause (i) above, provided that (x) the principal amount
of any such Indebtedness is not increased above the principal amount thereof outstanding immediately prior to such refinancing, refunding, renewal or extension plus the amount of fees and expenses incurred in connection therewith (unless such
Indebtedness would otherwise be permitted to be issued in accordance with subclause (i) above), (y) if such Indebtedness constituted Permitted Additional Subordinated Debt and the refinancing is in reliance on this subclause
(ii), such refinancing, refunding or renewal constitutes Permitted Additional Subordinated Debt and (z) if such Indebtedness does not constitute Permitted Additional Subordinated Debt, such refinancing, refunding or renewal complies with
subclause (i)(y) above; 
 (n) Indebtedness arising from agreements of the Borrower or any Restricted Subsidiary
providing for indemnification, adjustment of purchase price or similar obligations, in each case entered into in connection with the disposition of any business, assets or Stock permitted hereunder, other than Guarantee Obligations incurred by any
Person acquiring all or any portion of such business, assets or Stock for the purpose of financing such acquisition, provided that such amount is not Indebtedness required to be reflected on the balance sheet of the Borrower or any Restricted
Subsidiary in accordance with GAAP (contingent obligations referred to in a footnote to financial statements and not otherwise reflected on the balance sheet will not be deemed to be reflected on such balance sheet for purposes of this proviso);

 (o) Indebtedness of the Borrower or any Restricted Subsidiary consisting of (i) financing of insurance premiums in an
aggregate principal amount not to exceed $15,000,000 at any time outstanding or (ii) take or pay obligations contained in supply agreements, in each case arising in the ordinary course of business and not in connection with the borrowing of
money; 
 (p) Indebtedness representing deferred compensation to employees of the Borrower (or any direct or indirect parent
thereof) and the Restricted Subsidiaries incurred in the ordinary course of business; 
 (q) Indebtedness consisting of
promissory notes issued by the Borrower or any Guarantor to current or former officers, managers, consultants, directors and employees (or their respective spouses, former spouses, successors, executors, administrators,

  
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heirs, legatees or distributees) to finance the purchase or redemption of Stock or Stock Equivalents of the Borrower (or any direct or indirect parent thereof) permitted by
Section 9.6(b); 
 (r) additional Indebtedness of Foreign Subsidiaries (and any Guarantee thereof by any Loan
Party) under local working capital lines in an aggregate principal amount that at the time of incurrence does not cause the aggregate principal amount of Indebtedness incurred in reliance on this clause (r) to exceed $500,000,000; 

(s) Indebtedness arising from the honoring by a bank or other financial institution of a check, draft or similar instrument
drawn against insufficient funds in the ordinary course of business, provided that such Indebtedness is extinguished within two Business Days of its incurrence; 

(t) cash management obligations and Indebtedness in respect of cash management services, netting services (including treasury
and depository services), overdraft facilities, employee credit or debit card programs (including non-card electronic payment services and purchase card programs), cash pooling arrangements, electronic fund transfer services or similar arrangements
in connection with cash management and deposit accounts; and 
 (u) lease obligations in respect of Sale and Lease-Back
Transactions in an aggregate principal amount not to exceed $100,000,000. 
 9.2. Limitation on Liens. The Borrower will not, and
will not permit any of the Restricted Subsidiaries to, create, incur, assume or suffer to exist any Lien upon any property or assets of any kind (real or personal, tangible or intangible) of the Borrower or any Restricted Subsidiary, whether now
owned or hereafter acquired, except: 
 (a) Liens arising under the Credit Documents; 

(b) Liens securing the ABL Facility under the ABL Documents subject to the terms of the Intercreditor Agreement; 

(c) [Reserved]; 

(d) Permitted Liens; 

(e) (i) Liens securing Indebtedness permitted pursuant to Sections 9.1(f) and (u), provided that
(x) such Liens attach at all times only to the assets so financed or subject to the applicable Sale and Lease-Back Transaction except for accessions to the property financed with the proceeds of such Indebtedness and the proceeds and the
products thereof and (y) that individual financings of equipment provided by one lender may be cross collateralized to other financings of equipment provided by such lender, and (ii) Liens on the assets of Restricted Foreign Subsidiaries
that are not Credit Parties securing Indebtedness permitted pursuant to Sections 9.1; 
 (f) Liens existing on the
Closing Date and listed on Schedule 9.2; 

  
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 (g) the replacement, extension or renewal of any Lien permitted by clauses
(e), (f) and (h) of this Section 9.2 upon or in the same assets theretofore subject to such Lien (or upon or in after-acquired property that is affixed or incorporated into the property covered by such Lien)
or the replacement, extension or renewal (without increase in the amount or change in any direct or contingent obligor except to the extent otherwise permitted hereunder) of the Indebtedness secured thereby; 

(h) Liens existing on the assets of any Person that becomes a Restricted Subsidiary of the Borrower (or is a Restricted
Subsidiary that survives a merger with such Person in the transaction in which such Person became a Restricted Subsidiary), or existing on assets acquired, pursuant to a Permitted Acquisition to the extent the Liens on such assets secure
Indebtedness permitted by Section 9.1(j); provided that such Liens attach at all times only to the same assets to which such Liens attached (and after-acquired property that is affixed or incorporated into the property covered by
such Lien), and secure only the same Indebtedness or obligations that such Liens secured, immediately prior to such Permitted Acquisition and any modification, replacement, refinancing, refunding, renewal or extension thereof permitted by
Section 9.1(j); 
 (i) Liens securing Indebtedness or other obligations (i) of the Borrower or a Restricted
Subsidiary in favor of a Credit Party and (ii) of any Restricted Subsidiary that is not a Credit Party in favor of any Restricted Subsidiary that is not a Credit Party; 

(j) Liens (i) of a collecting bank arising under Section 4-210 of the UCC on items in the course of collection or
(ii) in favor of a banking institution arising as a matter of law encumbering deposits (including the right of set-off); 

(k) Liens (i) on cash advances in favor of the seller of any property to be acquired in an Investment permitted pursuant
to Section 9.5 to be applied against the purchase price for such Investment, and (ii) consisting of an agreement to sell, transfer, lease or otherwise dispose of any property in a transaction permitted under Section 9.4,
in each case, solely to the extent such Investment or sale, disposition, transfer or lease, as the case may be, would have been permitted on the date of the creation of such Lien; 

(l) Liens arising out of conditional sale, title retention, consignment or similar arrangements for sale or purchase of goods
entered into by the Borrower or any of the Restricted Subsidiaries in the ordinary course of business permitted by this Agreement; 

(m) Liens that are contractual rights of set-off (i) relating to the establishment of depository relations with banks not
given in connection with the issuance of Indebtedness or (ii) relating to purchase orders and other agreements entered into with customers of the Borrower or any Restricted Subsidiary in the ordinary course of business; 

(n) Liens solely on any cash earnest money deposits or other similar cash deposits made by the Borrower or any of the
Restricted Subsidiaries in connection with any letter of intent, distribution agreement in the ordinary course of business or purchase agreement not prohibited hereunder; 

  
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 (o) Liens on insurance policies and the proceeds thereof securing the financing
of the premiums with respect thereto incurred in the ordinary course of business; and 
 (p) additional Liens so long as the
aggregate principal amount of the obligations secured thereby does not exceed $75,000,000 at any time outstanding. 
 9.3. Limitation on
Fundamental Changes. Except as expressly permitted by Section 9.4 or 9.5, the Borrower will not, and will not permit any of the Restricted Subsidiaries to, enter into any merger, consolidation or amalgamation, or liquidate,
wind up or dissolve itself (or suffer any liquidation or dissolution), or convey, sell, lease, assign, transfer or otherwise dispose of, all or substantially all its business units, assets or other properties, except that: 

(a) so long as no Default or Event of Default would result therefrom, any Subsidiary of the Borrower or any other Person may be
merged, amalgamated or consolidated with or into the Borrower, provided that (i) except as permitted by subclause (ii) below, the Borrower shall be the continuing or surviving corporation, (ii) if the Person formed by or
surviving any such merger, amalgamation or consolidation involving the Borrower is not the Borrower, the surviving Person shall be an entity organized or existing under the laws of the United States, any state thereof or the District of Columbia
(the Borrower or such surviving Person, as the case may be, being herein referred to as the “Successor Borrower”), (iii) any Successor Borrower (if other than the Borrower) shall expressly assume all the obligations of the
Borrower under this Agreement and the other Credit Documents pursuant to a supplement hereto or thereto in form reasonably satisfactory to the Administrative Agent, (iv) each applicable Credit Party, unless it is the other party to such merger
or consolidation, shall have by a supplement to the applicable Credit Documents confirmed that its obligations under the Credit Document continue to apply to any Successor Borrower’s obligations under this Agreement, (v) the Consolidated
Interest Coverage Ratio for the most recent Test Period would either (A) be at least 2.0 to 1.0 or (B) be greater than the Consolidated Interest Coverage Ratio immediately prior to such transaction, and (vi) the Successor Borrower
shall have delivered to the Administrative Agent a certificate of an Authorized Officer stating that such merger or consolidation complies with this Agreement (it being understood that if the foregoing are satisfied, the Successor Borrower (if other
than the Borrower) will succeed to, and be substituted for, the Borrower under this Agreement); and 
 (b) any Person (in
each case, other than the Borrower) may be merged, amalgamated or consolidated with or into any one or more Restricted Subsidiaries of the Borrower, provided that (i) either (x) such merger amalgamation or consolidation constitutes
a Disposition permitted by Section 9.4 or (y) a Restricted Subsidiary shall be the continuing or surviving Person and the Investment resulting from such merger, amalgamation or consolidation is permitted by Section 9.5,
(ii) in the case of any merger, amalgamation or consolidation in which a Guarantor is the surviving Person, such Guarantor shall execute any supplement to the applicable Guarantee and Security Documents in form and substance reasonably
satisfactory to the Administrative Agent in order to preserve and protect the Liens on the Collateral securing the applicable Obligations and (iii) the Borrower shall have delivered to the Administrative Agent an officers’ certificate
stating that such merger, amalgamation or consolidation complies with this Agreement. 

  
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 9.4. Limitation on Sale of Assets. (1) The Borrower will not, and will not permit any
of the Restricted Subsidiaries to, convey, sell, lease, assign, transfer or otherwise dispose (each of the foregoing a “Disposition”) of any of its property, business or assets (including receivables, Stock and Stock Equivalents of
any other Person and leasehold interests), whether now owned or hereafter acquired (other than any such sale, transfer, assignment or other disposition resulting from any casualty or condemnation, of any assets of the Borrower or the Restricted
Subsidiaries) and (2) the Borrower will not permit any Restricted Subsidiary to issue any Stock and Stock Equivalents, in each case, in excess of $1,000,000 per transaction or series of related transactions, except, in each case: 

(a) the Borrower and the Restricted Subsidiaries may sell, transfer or otherwise dispose of (i) inventory, used, surplus
or worn out equipment, vehicles and other assets in the ordinary course of business and (ii) Permitted Investments; 

(b) Restricted Subsidiaries may issue Stock and Stock Equivalents and the Borrower and the Restricted Subsidiaries may Dispose
of assets, excluding a Disposition of accounts receivable, except in connection with the Disposition of any business to which such accounts receivable relate, for fair value, provided that (i) with respect to any Disposition pursuant to
this clause (b) for a purchase price in excess of $10,000,000, the Borrower or such Restricted Subsidiary shall receive not less than 75% of such consideration in the form of cash or Permitted Investments; provided that for the
purposes of this subclause (i) the following shall be deemed to be cash: (A) any liabilities (as shown on the Borrower’s or such Restricted Subsidiary’s most recent balance sheet provided hereunder) of the Borrower or such
Restricted Subsidiary, other than Junior Indebtedness, that are assumed by the transferee with respect to the applicable Disposition and for which the Borrower and all of the Restricted Subsidiaries shall have been validly released by all applicable
creditors in writing, (B) any securities received by the Borrower or such Restricted Subsidiary from such transferee that are converted by the Borrower or such Restricted Subsidiary into cash (to the extent of the cash received) within 180 days
following the closing of the applicable Disposition and (C) any Designated Non-Cash Consideration received by the Borrower or such Restricted Subsidiary in respect of such Disposition having an aggregate fair market value, taken together with
all other Designated Non-Cash Consideration received pursuant to this Section 9.4(b)(i) and Section 9.4(c)(ii) that is at that time outstanding, shall not be in excess of $15,000,000 at the time of the receipt of such
Designated Non-Cash Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, (ii) any non-cash proceeds received
are pledged to the Collateral Agent to the extent required under Section 8.9, (iii) to the extent required, the Net Cash Proceeds thereof to the Borrower and the Restricted Subsidiaries are applied to the prepayment of Term Loans as
provided for in Section 4.2 and (iv) after giving effect to any such Disposition, no Default or Event of Default shall have occurred and be continuing; 

(c) the Borrower and the Restricted Subsidiaries may make Dispositions to the Borrower or to any Restricted Subsidiary,
provided that with respect to any such Dispositions from Credit Parties to Restricted Subsidiaries that are not Credit Parties, (i) such sale, transfer or disposition shall be for fair value, (ii) with respect to any Disposition

  
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pursuant to this clause (c) for a purchase price in excess of $10,000,000, the Person making such Disposition shall receive not less than 75% of such consideration in the form of cash
or Permitted Investments; provided that for the purposes of this subclause (ii) the following shall be deemed to be cash: (A) any securities received by the Person making such Disposition from the purchaser that are converted
by such Person into cash (to the extent of the cash received) within 180 days following the closing of the applicable Disposition and (B) any Designated Non-Cash Consideration received by the Person making such Disposition having an aggregate
fair market value, taken together with all other Designated Non-Cash Consideration received pursuant to this Section 9.4(c)(ii) and Section 9.4(b)(i) that is at that time outstanding, shall not be in excess of $15,000,000 at
the time of the receipt of such Designated Non-Cash Consideration, with the fair market value of each item of Designated Non-Cash Consideration being measured at the time received and without giving effect to subsequent changes in value, and
(iii) any non-cash proceeds received are pledged to the Collateral Agent to the extent required under Section 8.9; 

(d) the Borrower and any Restricted Subsidiary may affect any transaction expressly permitted by Section 9.3,
9.5 or 9.6 (including the making of any Restricted Payment); 
 (e) the Borrower and the Restricted
Subsidiaries may lease, sublease, license or sublicense (on a non-exclusive basis with respect to any intellectual property) real, personal or intellectual property in the ordinary course of business; 

(f) Dispositions of property (including like-kind exchanges) to the extent that (i) such property is exchanged for credit
against the purchase price of similar replacement property or (ii) the proceeds of such Disposition are promptly applied to the purchase price of such replacement property, in each case under Section 1031 of the Code or otherwise; 

(g) Dispositions of Investments in joint ventures (regardless of the form of legal entity) to the extent required by, or made
pursuant to, customary buy/sell arrangements between the joint venture parties set forth in joint venture arrangements and similar binding arrangements; 

(h) Dispositions of accounts receivable in connection with the collection or compromise thereof; 

(i) transfers of property subject to casualty or condemnation proceedings (including in lieu thereof) upon the receipt of the
net cash proceeds therefor; 
 (j) voluntary terminations of Hedge Agreements; 

(k) Dispositions (including Sale and Lease-Back Transactions) prior to the Second Restatement Effective Date by a Foreign
Subsidiary designed to generate foreign distributable reserves and which are not adverse to the Lenders in any material respect; 

  
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 (l) Dispositions prior to the Second Restatement Effective Date among the
Borrower and the Restricted Subsidiaries in connection with the Post-Closing Subsidiary Transfers (as defined in the Original Credit Agreement); 

(m) Dispositions of accounts receivable of Foreign Subsidiaries pursuant to factoring arrangements that would otherwise be
permitted to be incurred as Indebtedness hereunder pursuant to Section 9.1 (it being understood that upon any such Disposition, the amount of the uncollected receivable shall be deemed to be Indebtedness for purposes of
Section 9.1 until the transferee has collected an amount from the account debtor at least equal to the amount paid to the applicable Subsidiary in respect of such accounts receivable); 

(n) Dispositions of Subsidiaries with no assets; 

(o) Dispositions of the Stock and Stock Equivalents of the Borrower to the extent any such disposition would not result in a
Change of Control; and 
 (p) Dispositions of accounts receivable pursuant to factoring arrangements in an aggregate amount
(with a receivable being deemed to be “outstanding” until the Borrower or the applicable Subsidiary has received the full purchase price thereof from the purchaser) not to exceed $25,000,000 at any time outstanding. 

9.5. Limitation on Investments. The Borrower will not, and will not permit any of the Restricted Subsidiaries to, make any Investment
except: 
 (a) extensions of trade credit in the ordinary course of business and Investments resulting from VAT and other
customs arrangements by Subsidiaries with local financial institutions in various jurisdictions in the ordinary course of business; 

(b) Permitted Investments; 

(c) loans and advances to officers, directors and employees of the Borrower (or any direct or indirect parent thereof) or any
of its Subsidiaries (i) for reasonable and customary business-related travel, relocation and analogous ordinary business purposes (including employee payroll advances) and (ii) in connection with such Person’s purchase of Stock or
Stock Equivalents of the Borrower (or any direct or indirect parent thereof) to the extent that the amount of such loans and advances are directly or indirectly contributed to the Borrower in cash; 

(d) Investments existing on, or contemplated as of, the Closing Date and listed on Schedule 9.5 and any extensions,
renewals or reinvestments thereof, so long as the aggregate amount of all Investments pursuant to this clause (d) is not increased at any time above the amount of such Investments existing on the date hereof; provided that the
amount of any such Investment may be increased (i) as required by the terms of such Investment as in existence on the Closing Date or (ii) as otherwise permitted under this Agreement; 

  
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 (e) Investments received in connection with the bankruptcy or reorganization of
suppliers or customers and in settlement of delinquent obligations of, and other disputes with, customers arising in the ordinary course of business or upon foreclosure with respect to any secured Investment or other transfer of title with respect
to any secured Investment; 
 (f) Investments to the extent that payment for such Investments is made with Stock or Stock
Equivalents of the Borrower or any of its direct or indirect parent companies; 
 (g) Investments (A) by the Borrower or
any Restricted Subsidiary in any Credit Party, (B) between or among Restricted Subsidiaries of the Borrower that are not Credit Parties, (C) by any Credit Party in any Restricted Subsidiary that is organized in Canada in an amount not to
exceed $100,000,000 or (D) by any Credit Party in any Restricted Subsidiary that is not a Credit Party in an amount not to exceed at any time outstanding the sum of (x) $100,000,000 plus (y) the aggregate amount of cash Investments in
Credit Parties by the Borrower or Restricted Subsidiaries that are not Credit Parties following the Closing Date (and which did not otherwise increase the amount available for any Restricted Payment or Investment hereunder); 

(h) Investments constituting Permitted Acquisitions; 

(i) Investments in an aggregate amount pursuant to this clause (i) that, at the time each such Investment is made,
would not exceed the sum of (x) $40,000,000, plus (y) the Applicable Amount at such time; 

(j) Investments constituting non-cash proceeds of Dispositions of assets to the extent permitted by clauses
(b) and (c) of Section 9.4; 
 (k) loans and advances to any direct or indirect parent of
the Borrower in lieu of, and not in excess of the amount of, Restricted Payments permitted to be made to such Person in accordance with Section 9.6; 

(l) Investments consisting of extensions of credit in the nature of accounts receivable or notes receivable arising from the
grant of trade credit in the ordinary course of business, and Investments received in satisfaction or partial satisfaction thereof from financially troubled account debtors and other credits to suppliers in the ordinary course of business; 

(m) Investments in the ordinary course of business consisting of endorsements for collection or deposit and customary trade
arrangements with customers consistent with past practices; 
 (n) Guarantee Obligations of the Borrower or any Restricted
Subsidiary of obligations that do not constitute Indebtedness, in each case entered into in the ordinary course of business; 

  
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 (o) Investments held by a Person acquired (including by way of merger or
consolidation) after the Closing Date otherwise in accordance with this Section 9.5 to the extent that such Investments do not constitute a majority of the assets acquired and were not made in contemplation of or in connection with such
acquisition, merger or consolidation and were in existence on the date of such acquisition, merger or consolidation; 
 (p)
Investments in connection with the Transactions; 
 (q) Indebtedness under Hedge Agreements permitted under
Section 9.1(h); 
 (r) Investments that would otherwise be permitted as Restricted Payments under
Section 9.6(e)(iii); and 
 (s) unsecured Guarantee Obligations of any Credit Party in respect of Indebtedness of
Foreign Subsidiaries permitted by Section 9.1 (other than pursuant to Section 9.1(b)). 
 9.6. Limitation on
Restricted Payments. The Borrower will not, and will not permit any of the Restricted Subsidiaries to, make any Restricted Payment; provided that, notwithstanding the foregoing: 

(a) the Borrower or any of its Restricted Subsidiaries may (or may make Restricted Payments to permit any direct or indirect
parent thereof to) redeem in whole or in part any of its Stock or Stock Equivalents for another class of its (or such parent’s) Stock or Stock Equivalents or with proceeds from substantially concurrent equity contributions or issuances of new
Stock or Stock Equivalents), provided that such new Stock or Stock Equivalents contain terms and provisions at least as advantageous to the Lenders in all respects material to their interests as those contained in the Stock or Stock
Equivalents redeemed thereby; 
 (b) the Borrower and its Restricted Subsidiaries may (or may make Restricted Payments to
permit any direct or indirect parent thereof to) repurchase shares of its (or such parent’s) Stock or Stock Equivalents held by officers, directors and employees of the Borrower (or any of its direct or indirect parent companies) and the
Restricted Subsidiaries in an amount not to exceed $3,000,000 in any fiscal year of the Borrower (with unused budgeted amounts from any fiscal year available in any succeeding year); provided that such amount in any fiscal year may be
increased by an amount not to exceed the cash proceeds from the sale of Stock and Stock Equivalents (other than Disqualified Equity Interests) of the Borrower (or any of its direct or indirect parent companies so long as such cash proceeds are
contributed to the common equity of the Borrower) to officers, directors and employees of the Borrower (or any of its direct or indirect parent companies) and the Restricted Subsidiaries that occurs after the Closing Date, to the extent the Borrower
elects to exclude such amounts from the calculation of the Applicable Amount; 
 (c) so long as no Event of Default has
occurred and is continuing, the Borrower and the Restricted Subsidiaries may make Restricted Payments, provided that (i) at the time of such Restricted Payment and after giving Pro Forma Effect thereto, the Consolidated Total Leverage
Ratio shall not exceed 4.0 to 1.00 and (ii) the amount of any 

  
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such Restricted Payments pursuant to this clause (c) shall not exceed an amount equal to (x) $20,000,000 in the aggregate following the Closing Date, less (y) the
amount of Junior Indebtedness purchased in reliance on Section 9.7(a)(ii); 
 (d) the Borrower or any Restricted
Subsidiary may make Restricted Payments: 
 (i) the proceeds of which shall be used to allow the Borrower or any direct or
indirect parent of the Borrower to pay (A) its operating expenses incurred in the ordinary course of business and other corporate overhead costs and expenses (including administrative, legal, accounting and similar expenses provided by third
parties), which are reasonable and customary and incurred in the ordinary course of business, in an aggregate amount not to exceed $2,000,000 in any fiscal year of the Borrower plus any reasonable and customary indemnification claims made by
directors or officers of the Borrower (or any parent thereof) attributable to the ownership or operations of the Borrower and its Restricted Subsidiaries or (B) fees and expenses otherwise due and payable by the Borrower or any of its
Restricted Subsidiaries and permitted to be paid by the Borrower or such Restricted Subsidiary under this Agreement; 
 (ii)
the proceeds of which shall be used to pay franchise and excise taxes and other fees, taxes and expenses required to maintain the corporate existence of any of its direct or indirect parent of the Borrower; and 

(iii) to any direct or indirect parent of the Borrower to finance any Investment permitted to be made by the Borrower or a
Restricted Subsidiary pursuant to Section 9.5; provided that (A) such Restricted Payment shall be made substantially concurrently with the closing of such Investment, (B) such parent shall, immediately following the
closing thereof, cause (1) all property acquired (whether assets, Stock or Stock Equivalents) to be contributed to the Borrower or such Restricted Subsidiary or (2) the merger (to the extent permitted in Section 9.5) of the
Person formed or acquired into the Borrower or its Restricted Subsidiaries and (C) the Borrower shall comply with Sections 8.8 and 8.9 to the extent applicable; and 

(e) (i) any Restricted Subsidiary of the Borrower may make Restricted Payments to the Borrower or any other Restricted
Subsidiary of the Borrower (and pro rata Restricted Payments to the other equity holders of such Restricted Subsidiaries) and (ii) the Borrower and its Restricted Subsidiaries may make Restricted Payments to fund the operating expenses and
taxes of any direct or indirect parent company of the Borrower to the extent attributable to its ownership of the Borrower and the Restricted Subsidiaries. 

9.7. Limitations on Debt Payments and Amendments. 

(a) The Borrower will not, and will not permit any Restricted Subsidiary to, prepay, repurchase or redeem or otherwise defease or acquire
prior to the scheduled maturity thereof 

  
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the Subordinated Notes, any other Subordinated Indebtedness, Permitted Additional Subordinated Debt or obligations under the Subordinated Notes (collectively, “Junior
Indebtedness”); provided, however, that so long as no Default or Event of Default shall have occurred and be continuing at the date of such prepayment, repurchase, redemption or other defeasance or would result therefrom,
(i) the Borrower or any Restricted Subsidiary may prepay, repurchase or redeem Junior Indebtedness (x) in the case of Permitted Additional Subordinated Debt with the proceeds of Permitted Additional Subordinated Debt that (A) is
permitted by Section 9.1 and (B) has terms (other than interest rates and call protection) not materially less advantageous to the Lenders than those of the Indebtedness being refinanced and (y) with the proceeds of
Indebtedness permitted by Section 9.1(i) or (m), (ii) the Borrower and its Restricted Subsidiaries may make prepayments of Junior Indebtedness for aggregate consideration not to exceed $20,000,000 less the amount of
Restricted Payments made in reliance on Section 9.6(c); provided that at the time of such prepayment pursuant to the foregoing clause (ii) and after giving Pro Forma Effect thereto, the Consolidated Total Leverage
Ratio shall not exceed 4.0 to 1.00 and (iii) so long as no Default has occurred and is continuing or would result therefrom, the Borrower and its Restricted Subsidiaries may make prepayments, repurchases, redemptions, defeasances or
acquisitions of Junior Indebtedness so long as immediately after giving Pro Forma Effect to any such prepayment, repurchase, redemption, defeasance or acquisition pursuant to this clause (iii), the Consolidated Senior Secured Leverage Ratio
shall not exceed 4.25 to 1.00. Notwithstanding the foregoing, nothing in this Section 9.7 shall prohibit (x) the repayment or prepayment of intercompany Subordinated Indebtedness owed among the Borrower and/or the Restricted
Subsidiaries, in either case unless an Event of Default has occurred and is continuing and the Borrower has received a notice from the Collateral Agent instructing it not to make or permit any such repayment or prepayment or (y) the conversion
of Subordinated Indebtedness into Qualified Equity Interests or Stock or Stock Equivalents of the Borrower or any direct or indirect parent company of the Borrower. 

(b) The Borrower and its Restricted Subsidiaries will not waive, amend, modify, terminate or release any Junior Indebtedness to the extent
that any such waiver, amendment, modification, termination or release would be adverse to the Lenders in any material respect. 
 9.8.
Transactions with Affiliates. The Borrower will not, and will not permit any Restricted Subsidiary to, directly or indirectly, enter into or conduct any transaction or series of related transactions with any Affiliate of the Borrower,
involving aggregate payments in excess of $3,000,000 unless such transactions with any of their Affiliates are on terms that are not materially less favorable to the Borrower or such Restricted Subsidiary as it would obtain in a comparable
arm’s-length transaction with a Person that is not an Affiliate, provided that the foregoing restrictions shall not apply to (a) the payment of fees to the Sponsor pursuant to any Management Agreement in an amount not to exceed
$6,000,000, in any fiscal year (plus customary out-of-pocket expense reimbursement and indemnity) so long as no Event of Default shall have occurred and be continuing at the date of such payment or would result therefrom (it being understood that
following the cure of all such Events of Default, such payments may be made), (b) Restricted Payments permitted by Section 9.6, (c) the payment of expenses in connection with the Transactions, (d) the issuance of Stock or
Stock Equivalents of the Borrower (or any of its direct or indirect parent companies) to the management of the Borrower (or any of its direct or indirect parent companies) or any of its Subsidiaries in connection with the Transactions or pursuant to
arrangements described in clause (f) of this Section 9.8, (e) loans, advances and other 

  
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transactions between or among the Borrower and the Restricted Subsidiaries to the extent otherwise permitted under Section 9, (f) employment and severance arrangements between
the Borrower and the Restricted Subsidiaries and their respective officers and employees in the ordinary course of business, (g) payments by the Borrower and the Restricted Subsidiaries to any of its direct or indirect parent companies pursuant
to tax sharing agreements among the Borrower (and/or any of its direct and indirect parent companies) and its Subsidiaries on customary terms to the extent attributable to the ownership or operation of the Borrower and the Restricted Subsidiaries;
provided that in each case the amount of such payments in any fiscal year does not exceed the amount that the Borrower and the Restricted Subsidiaries would be required to pay in respect of federal, state and local taxes for such fiscal year
were the Borrower and the Restricted Subsidiaries (to the extent described above) to pay such taxes separately from any such parent entity, (h) the payment of customary fees and reasonable out of pocket costs to, and indemnities provided on
behalf of, directors, managers, consultants, officers and employees of the Borrower (or any of its direct or indirect parent companies) and the Subsidiaries in the ordinary course of business to the extent attributable to the ownership or operation
of the Borrower and the Restricted Subsidiaries, (i) transactions pursuant to permitted agreements in existence on the Closing Date and set forth on Schedule 9.8 or any amendment thereto to the extent such an amendment is not materially
adverse, taken as a whole, to the Lenders, (j) payments by the Borrower and the Restricted Subsidiaries to the Sponsor made for any financial advisory, financing, underwriting or placement services or in respect of other investment banking
activities, including in connection with acquisitions or divestitures, which payments are approved by a majority of the board of directors of the Borrower, in good faith, and either (i) limited to 1% of completed transactions and (ii) to
the extent in excess of the amounts permitted by subclause (i) above, made from amounts that would have been permitted to be applied to make Restricted Payments pursuant to Section 9.6(f), (k) the existence of, or the
performance by the Borrower or any of the Restricted Subsidiaries of its obligations under the terms of, any stockholders agreement, principal investors agreement (including any registration rights agreement or purchase agreement related thereto) to
which it was a party as of the Second Restatement Effective Date and any similar agreements which it may enter into thereafter; provided, however, that the existence of, or the performance by the Borrower or any of the Restricted
Subsidiaries of obligations under any future amendment to any such existing agreement or under any similar agreement entered into after the Closing Date shall only be permitted by this clause (k) to the extent that the terms of any such
amendment or new agreement are not otherwise disadvantageous to the Lenders when taken as a whole and (l) payments or loans (or cancellation of loans) to employees or consultants of the Borrower, any of its direct or indirect parent companies
or any of the Restricted Subsidiaries which are approved by a majority of the board of directors of the Borrower in good faith. 
 9.9.
[Reserved]. 
 9.10. Changes in Business. The Borrower and the Restricted Subsidiaries, taken as a whole, will not
fundamentally and substantively alter the character of their business, taken as a whole, from the business conducted by the Borrower and the Restricted Subsidiaries, taken as a whole, on the Third Restatement Effective Date and other business
activities incidental or related to any of the foregoing. 
 9.11. Limitation on Restrictions on Distributions from Restricted
Subsidiaries. The Borrower will not, and will not permit any Restricted Subsidiary to, create or otherwise 

  
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cause to exist or become effective any consensual encumbrance or restriction on the ability of any Restricted Subsidiary to (i) pay dividends or make any other distributions on its Stock or
pay any Indebtedness or other obligations owed to the Borrower or any Restricted Subsidiary, (ii) make any loans or advances to the Borrower or any Restricted Subsidiary or (iii) transfer any of its property or assets to the Borrower or
any Restricted Subsidiary, except any encumbrance or restriction: 
 (a) pursuant to an agreement or instrument as in effect
at or entered into on the date hereof, including without limitation the ABL Facility and the Subordinated Notes Purchase Agreements; 

(b) pursuant to any agreement or instrument of a Person, or relating to Indebtedness or Stock of a Person, which Person is
acquired by or merged or consolidated with or into the Borrower or any Restricted Subsidiary, or which agreement or instrument is assumed by the Borrower or any Restricted Subsidiary in connection with an acquisition of assets from such Person, as
in effect at the time of such acquisition, merger or consolidation (except to the extent that such Indebtedness was incurred to finance, or otherwise in connection with, such acquisition, merger or consolidation) and not applying to the Borrower or
any of the Restricted Subsidiaries (other than to any such Person or assets so acquired); 
 (c) pursuant to an agreement or
instrument replacing or contained in any amendment, supplement or other modification to an agreement referred to in clause (a) or (b) above; provided, however, that the encumbrances and restrictions contained in
any such replacement agreement or amendment taken as a whole are not materially less favorable to the Lenders than encumbrances and restrictions contained in such original agreement; 

(d) (i) that restricts in a customary manner the subletting, assignment or transfer of any property or asset that is
subject to a lease, license or similar contract, or the assignment or transfer of any lease, license or other contract, (ii) by virtue of any transfer of, agreement to transfer, option or right with respect to, or Lien on, any property or
assets of the Borrower or any Restricted Subsidiary not otherwise prohibited by this Agreement, (iii) contained in mortgages, pledges or other security agreements securing Indebtedness of a Restricted Subsidiary to the extent restricting the
transfer of the property or assets subject thereto, (iv) pursuant to customary provisions restricting dispositions of Real Estate interests set forth in any reciprocal easement agreements of the Borrower or any Restricted Subsidiary, or
(v) pursuant to purchase money Indebtedness that impose encumbrances or restrictions on the property or assets so acquired; 

(e) with respect to a Restricted Subsidiary (or any of its property or assets) imposed pursuant to an agreement entered into
for the direct or indirect sale or disposition of all or substantially all the Stock or assets of such Restricted Subsidiary (or the property or assets that are subject to such restriction) pending the closing of such sale or disposition; 

  
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 (f) by reason of any applicable law, rule, regulation or order, or required by
any regulatory authority having jurisdiction over the Borrower or any Restricted Subsidiary or any of their businesses; 

(g) pursuant to an agreement or instrument (i) relating to any Indebtedness permitted to be incurred subsequent to the
Closing Date pursuant to Section 9.1, if the encumbrances and restrictions contained in any such agreement or instrument taken as a whole are not materially less favorable to the Lenders than the encumbrances and restrictions contained
in the agreements set forth in clause (a) above (as determined in good faith by the Borrower); 
 (h)
restrictions and conditions on any Foreign Subsidiary by the terms of any Indebtedness of such Foreign Subsidiary permitted to be incurred hereunder; 

(i) contractual obligations binding on a Restricted Subsidiary at the time such Restricted Subsidiary first becomes a
Restricted Subsidiary, so long as such contractual obligations were not entered into in contemplation of such Person becoming a Restricted Subsidiary; 

(j) customary provisions in joint venture agreements and other similar agreements applicable to joint ventures permitted under
Section 9.5 and applicable solely to such joint venture; 
 (k) negative pledges and restrictions on Liens in
favor of any holder of Indebtedness permitted under Section 9.1 but only if such negative pledge or restriction expressly permits Liens for the benefit of the Administrative Agent and/or the Collateral Agent and the Lenders with respect
to the credit facilities established hereunder and the Obligations under the Credit Documents on a senior basis and without a requirement that such holders of such Indebtedness be secured by such Liens equally and ratably or on a junior basis; 

(l) restrictions on cash, other deposits or net worth imposed by customers under contracts entered into in the ordinary course
of business; 
 (m) Secured Indebtedness otherwise permitted to be incurred under Sections 9.1(f) and
(j) that limit the right of the obligor to dispose of the assets securing such Indebtedness; and 
 (n) customary
provisions in leases, subleases, licenses, sublicenses and other contracts restricting the assignment thereof, in each case entered into in the ordinary course of business. 

SECTION 10. Events of Default. Upon the occurrence of any of the following specified events (each an “Event of
Default”): 
 10.1. Payments. The Borrower shall (a) default in the payment when due of any principal of the Loans,
(b) default, and such default shall continue for five or more days, in the payment when due of any interest on the Loans owing hereunder or (c) default, and such default shall continue for 30 or more days, in the payment when due of any
other amounts owing hereunder or under any other Credit Document. 

  
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 10.2. Representations, Etc. Any representation, warranty or statement made or deemed made
by any Credit Party herein or in any Credit Document or any certificate delivered or required to be delivered by it pursuant hereto or thereto shall prove to be untrue in any material respect on the date as of which made or deemed made. 

10.3. Covenants. Any Credit Party shall: 

(a) default in the due performance or observance by it of any term, covenant or agreement contained in
Section 8.1(e)(i), 8.8(b) or Section 9; 
 (b) default in the due performance or observance by
it of any term, covenant or agreement (other than those referred to in Section 10.1 or 10.2 or clause (a) of this Section 10.3) contained in this Agreement, any Security Document, the Guarantee and such
default shall continue unremedied for a period of at least 30 days after receipt of written notice to the Borrower from the Administrative Agent or the Required Lenders. 

10.4. Default Under Other Agreements. (a) The Borrower or any of the Restricted Subsidiaries shall (i) default in any payment
when due with respect to any Indebtedness (other than the Obligations) in excess of $75,000,000 in the aggregate, for the Borrower and such Restricted Subsidiaries or (ii) default in the observance or performance of any agreement or condition
relating to any such Indebtedness in excess of $75,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or
condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice, the passage of time or both, any such Indebtedness to become due prior to
its stated maturity; provided, that no Event of Default under this subclause (a)(ii) shall exist as a result of the breach of any agreement or condition of the ABL Facility unless such breach continues for a period of 30 days or
(b) without limiting the provisions of clause (a) above, any such Indebtedness shall be declared to be due and payable, or required to be prepaid other than by a regularly scheduled required prepayment or as a mandatory prepayment,
prior to the stated maturity thereof. 
 10.5. Bankruptcy, Etc. The Borrower or any Material Subsidiary shall commence a voluntary
case, proceeding or action concerning itself under Title 11 of the United States Code entitled “Bankruptcy” or any domestic or applicable foreign law relating to bankruptcy, judicial management, insolvency, reorganization, administration
or relief of debtors in effect in its jurisdiction of incorporation, in each case as now or hereafter in effect, or any successor thereto; or an involuntary case, proceeding or action is commenced against the Borrower or any Material Subsidiary and
the petition is not controverted within 30 days after commencement of the case, proceeding or action; or an involuntary case, proceeding or action is commenced against the Borrower or any Material Subsidiary and such petition is not dismissed within
60 days after commencement of the case, proceeding or action; or a custodian, judicial manager, receiver, monitor, sequestrator, receiver manager, trustee, administrator or similar person is appointed for, or takes charge of, all or substantially
all of the property of the Borrower or any 

  
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Material Subsidiary; or the Borrower or any Material Subsidiary commences any other voluntary proceeding or action under any reorganization, arrangement, adjustment of debt, relief of debtors,
dissolution, insolvency, administration or liquidation or similar law of any jurisdiction whether now or hereafter in effect relating to the Borrower or any Material Subsidiary; or there is commenced against the Borrower or any Material Subsidiary
any such proceeding or action that remains undismissed for a period of 60 days; or the Borrower or any Material Subsidiary is adjudicated insolvent or bankrupt; or any order of relief or other order approving any such case or proceeding or action is
entered; or the Borrower or any Material Subsidiary suffers any appointment of any custodian receiver, receiver manager, trustee, administrator or the like for it or any substantial part of its property to continue undischarged or unstayed for a
period of 60 days; or the Borrower or any Material Subsidiary makes a general assignment for the benefit of creditors. 
 10.6.
ERISA. (a) Any Plan shall fail to satisfy the minimum funding standard required for any plan year or part thereof or a waiver of such standard or extension of any amortization period is sought or granted under Section 412 of the
Code; any Plan is or shall have been terminated or is the subject of termination proceedings under Section 4041(c) or Section 4042 of ERISA (including the giving of written notice thereof); an event shall have occurred or a condition shall
exist in either case entitling the PBGC to terminate any Plan or to appoint a trustee to administer any Plan (including the giving of written notice thereof); any Plan shall have an accumulated funding deficiency (whether or not waived); the
Borrower or any ERISA Affiliate has incurred or is likely to incur a liability to or on account of a Plan under Section 409, 502(i), 502(l), 515, 4062, 4063, 4064, 4069 or 4201, of ERISA or Section 4971 or 4975 of the Code (including the
giving of written notice thereof) and (b) there could result from any event or events set forth in clause (a) of this Section 10.6 the imposition of a Lien or a liability or the reasonable likelihood of incurring a Lien
or liability that would be reasonably likely to have a Material Adverse Effect. 
 10.7. Guarantee. The Guarantee by any Guarantor or
group of Guarantors constituting a Material Subsidiary or any material provision thereof shall cease to be in full force or effect with respect to the Borrower or any Guarantor (other than pursuant to the terms hereof and thereof) or the Borrower or
any Guarantor shall deny or disaffirm in writing any such Guarantor’s material obligations under any such Guarantee. 
 10.8.
Security Documents. Any Security Agreement or Mortgage covering assets in the aggregate in excess of $30,000,000 or any material provision thereof shall cease to be in full force or effect (other than pursuant to the terms hereof or thereof)
or any grantor thereunder shall deny or disaffirm in writing any grantor’s material obligations under any Security Agreement or Mortgage. 

10.9. Judgments. One or more judgments, attachments or decrees shall be entered against the Borrower or any of the Restricted
Subsidiaries involving a liability of $75,000,000 or more in the aggregate for all such judgments and decrees for the Borrower and the Restricted Subsidiaries (to the extent not paid or covered by insurance provided by a carrier not disputing
coverage) and any such judgments or decrees shall not have been satisfied, vacated, discharged or stayed or bonded pending appeal within 60 days after the entry thereof. 

10.10. Change of Control. A Change of Control shall occur; 

  
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 then, and in any such event, and at any time thereafter, if any Event of Default shall then be continuing, the
Administrative Agent shall, upon the written request of the Required Lenders, by written notice to the Borrower, take any or all of the following actions, without prejudice to the rights of the Administrative Agent to enforce its claims against the
Borrower, except as otherwise specifically provided for in this Agreement, (i) terminate any then outstanding Commitments and/or (ii) declare the principal of and any accrued interest and fees in respect of all Loans and all Obligations
owing hereunder and thereunder to be, whereupon the same shall become, forthwith due and payable without presentment, demand, protest or other notice of any kind, all of which are hereby waived by the Borrower; provided that, if an Event of
Default specified in Section 10.5 shall occur with respect to the Borrower, the result that would occur upon the giving of written notice by the Administrative Agent as specified shall occur automatically without the giving of any such
notice. 
 Any amount received by the Administrative Agent or the Collateral Agent from any Credit Party following any acceleration of the
Obligations under this Agreement or any Event of Default with respect to the Borrower under Section 10.5 shall be applied: 

(i) first, to the payment of all reasonable and documented out-of-pocket costs and expenses incurred by the
Administrative Agent or Collateral Agent in connection with such collection or sale or otherwise in connection with any Credit Document, including all court costs and the reasonable out-of-pocket fees and expenses of its agents and legal counsel,
the repayment of all advances made by the Administrative Agent or the Collateral Agent hereunder or under any other Credit Document on behalf of any Credit Party and any other reasonable and documented out-of-pocket costs or expenses incurred in
connection with the exercise of any right or remedy hereunder or under any other Credit Document; 
 (ii) second, to
the Secured Parties, an amount equal to all Obligations owing to them on the date of any distribution; and 
 (iii)
third, any surplus then remaining shall be paid to the applicable Credit Parties or their successors or assigns or to whomsoever may be lawfully entitled to receive the same or as a court of competent jurisdiction may direct. 

SECTION 11. The Agents 

11.1. Appointment. 
 (a)
Each Lender hereby irrevocably designates and appoints the Administrative Agent as the agent of such Lender under this Agreement and the other Credit Documents and irrevocably authorizes the Administrative Agent, in such capacity, to take such
action on its behalf under the provisions of this Agreement and the other Credit Documents and to exercise such powers and perform such duties as are expressly delegated to the Administrative Agent by the terms of this Agreement and the other Credit
Documents, together with such other powers as are reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Administrative Agent shall not have any duties or responsibilities, except those
expressly set forth herein, or any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Credit Document or otherwise exist
against the Administrative Agent. 

  
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 (b) The Administrative Agent and each Lender hereby irrevocably designate and appoint the
Collateral Agent as the agent with respect to the Collateral, and each of the Administrative Agent and each Lender irrevocably authorizes the Collateral Agent, in such capacity, to take such action on its behalf under the provisions of this
Agreement and the other Credit Documents and to exercise such powers and perform such duties as are expressly delegated to the Collateral Agent by the terms of this Agreement and the other Credit Documents, together with such other powers as are
reasonably incidental thereto. Notwithstanding any provision to the contrary elsewhere in this Agreement, the Collateral Agent shall not have any duties or responsibilities except those expressly set forth herein, or any fiduciary relationship with
any of the Administrative Agent or the Lenders, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Credit Document or otherwise exist against the Collateral Agent.

 (c) The Arrangers, in their capacity as such, shall not have any obligations, duties or responsibilities under this Agreement but shall
be entitled to all benefits of this Section 11. 
 11.2. Delegation of Duties. The Administrative Agent and the
Collateral Agent may each execute any of its duties under this Agreement and the other Credit Documents by or through agents or attorneys-in-fact and shall be entitled to advice of counsel concerning all matters pertaining to such duties. Neither
the Administrative Agent nor the Collateral Agent shall be responsible for the negligence or misconduct of any agents or attorneys-in-fact selected by it with reasonable care. 

11.3. Exculpatory Provisions. None of the Administrative Agent, the Collateral Agent, any other Agent or any of their officers,
directors, employees, agents, attorneys-in-fact or Affiliates shall be (a) liable for any action lawfully taken or omitted to be taken by it or such Person under or in connection with this Agreement or any other Credit Document (except for its
or such Person’s own gross negligence or willful misconduct as determined by a final judgment of a court of competent jurisdiction in connection with its duties expressly set forth herein) or (b) responsible in any manner to any of the
Lenders for any recitals, statements, representations or warranties made by any of the Borrower, any Guarantor, any other Credit Party or any officer thereof contained in this Agreement or any other Credit Document or in any certificate, report,
statement or other document referred to or provided for in, or received by such Agent under or in connection with, this Agreement or any other Credit Document or for the value, validity, effectiveness, genuineness, enforceability or sufficiency of
this Agreement or any other Credit Document or for any failure of any Credit Party to perform its obligations hereunder or thereunder. None of the Administrative Agent, the Collateral Agent or any other Agent shall be under any obligation to any
Lender to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other Credit Document, or to inspect the properties, books or records of any Credit Party. 

11.4. Reliance by Agents. The Administrative Agent and the Collateral Agent shall be entitled to rely, and shall be fully protected in
relying, upon any writing, resolution, notice, 

  
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consent, certificate, affidavit, letter, telecopy, telex or teletype message, statement, order or other document or instruction believed by it to be genuine and correct and to have been signed,
sent or made by the proper Person or Persons and upon advice and statements of legal counsel (including counsel to the Borrower), independent accountants and other experts selected by the Administrative Agent or the Collateral Agent. The
Administrative Agent may deem and treat the Lender specified in the Register with respect to any amount owing hereunder as the owner thereof for all purposes unless a written notice of assignment, negotiation or transfer thereof shall have been
filed with the Administrative Agent. The Administrative Agent and the Collateral Agent shall be fully justified in failing or refusing to take any action under this Agreement or any other Credit Document unless it shall first receive such advice or
concurrence of the Required Lenders as it deems appropriate or it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such
action. The Administrative Agent and the Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Credit Documents in accordance with a request of the Required Lenders, and
such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans. 

11.5. Notice of Default. Neither the Administrative Agent nor the Collateral Agent shall be deemed to have knowledge or notice of the
occurrence of any Default or Event of Default hereunder unless the Administrative Agent or Collateral Agent has received notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of Default.” In the
event that the Administrative Agent receives such a notice, it shall give notice thereof to the Lenders and the Collateral Agent. The Administrative Agent shall take such action with respect to such Default or Event of Default as shall be reasonably
directed by the Required Lenders, provided that unless and until the Administrative Agent shall have received such directions, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action,
with respect to such Default or Event of Default as it shall deem advisable in the best interests of the Lenders except to the extent that this Agreement requires that such action be taken only with the approval of the Required Lenders or each of
the Lenders, as applicable. 
 11.6. Non-Reliance on Administrative Agent, Collateral Agent and Other Lenders. Each Lender expressly
acknowledges that neither the Administrative Agent nor the Collateral Agent nor any of their respective officers, directors, employees, agents, attorneys-in-fact or Affiliates has made any representations or warranties to it and that no act by the
Administrative Agent or Collateral Agent hereinafter taken, including any review of the affairs of the Borrower, any Guarantor or any other Credit Party, shall be deemed to constitute any representation or warranty by the Administrative Agent or
Collateral Agent to any Lender. Each Lender represents to the Administrative Agent and the Collateral Agent that it has, independently and without reliance upon the Administrative Agent, Collateral Agent or any other Lender, and based on such
documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Borrower, any Guarantor and other Credit Party and
made its own decision to make its Loans hereunder and enter into this Agreement. Each Lender also represents that it will, independently and without reliance upon the Administrative Agent, Collateral Agent or any other Lender, and based on such
documents and information as it shall deem appropriate at the 

  
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time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Credit Documents, and to make such investigation as it
deems necessary to inform itself as to the business, operations, property, financial and other condition and creditworthiness of the Borrower, any Guarantor and any other Credit Party. Except for notices, reports and other documents expressly
required to be furnished to the Lenders by the Administrative Agent hereunder, neither the Administrative Agent nor the Collateral Agent shall have any duty or responsibility to provide any Lender with any credit or other information concerning the
business, assets, operations, properties, financial condition, prospects or creditworthiness of the Borrower, any Guarantor or any other Credit Party that may come into the possession of the Administrative Agent or Collateral Agent any of their
respective officers, directors, employees, agents, attorneys-in-fact or Affiliates. 
 11.7. Indemnification. The Lenders agree to
indemnify each Agent, each in its capacity as such (to the extent not reimbursed by the Borrower and without limiting the obligation of the Borrower to do so), ratably according to their respective portions of the Total Credit Exposure in effect on
the date on which indemnification is sought (or, if indemnification is sought after the date upon which the Commitments shall have terminated and the Loans shall have been paid in full, ratably in accordance with their respective portions of the
Total Credit Exposure in effect immediately prior to such date), from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind whatsoever that may at any
time (including at any time following the payment of the Loans) be imposed on, incurred by or asserted against any Agent in any way relating to or arising out of the Commitments, this Agreement, any of the other Credit Documents or any documents
contemplated by or referred to herein or therein or the transactions contemplated hereby or thereby or any action taken or omitted by any Agent under or in connection with any of the foregoing, provided that no Lender shall be liable for the
payment of any portion of such liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements resulting from such Agent’s gross negligence or willful misconduct as determined by a final
judgment of a court of competent jurisdiction. The agreements in this Section 11.7 shall survive the payment of the Loans and all other amounts payable hereunder. 

11.8. Agents in Their Individual Capacities. The Agents and their Affiliates may make loans to, accept deposits from and generally
engage in any kind of business with the Borrower, any Guarantor, and any other Credit Party as though the Administrative Agent or such other Agent were not the Administrative Agent or such other Agent hereunder and under the other Credit Documents.
With respect to the Loans made by it, each Agent shall have the same rights and powers under this Agreement and the other Credit Documents as any Lender and may exercise the same as though it were not an Agent, and the terms “Lender” and
“Lenders” shall include the Agents in their individual capacities. 
 11.9. Successor Agents. Each of the Administrative
Agent and Collateral Agent may at any time give notice of its resignation to the Lenders and the Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, subject to the reasonable consent of the Borrower
so long as no Default or Event of Default has occurred and is continuing, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor
shall have been so appointed by the Required Lenders and shall have accepted such appointment within 

  
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30 days after the retiring Agent gives notice of its resignation, then the retiring Agent may on behalf of the Lenders, appoint a successor Agent meeting the qualifications set forth above;
provided that if the retiring Agent shall notify the Borrower and the Lenders that no qualifying Person has accepted such appointment, then such resignation shall nonetheless become effective in accordance with such notice and (1) the
retiring Agent shall be discharged from its duties and obligations hereunder and under the other Credit Documents (except in the case of the Collateral Agent holding collateral security on behalf of any Secured Parties, the retiring Collateral Agent
shall continue to hold such collateral security as nominee until such time as a successor Collateral Agent is appointed) and (2) all payments, communications and determinations provided to be made by, to or through such Agent shall instead be
made by or to each Lender directly, until such time as the Required Lenders appoint a successor Agent as provided for above in this Section. Upon the acceptance of a successor’s appointment as the Administrative Agent or Collateral Agent, as
the case may be, hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or retired) Agent, and the retiring Agent shall be discharged from all of its duties and obligations
hereunder or under the other Credit Documents (if not already discharged therefrom as provided above in this Section). After the retiring Agent’s resignation hereunder and under the other Credit Documents, the provisions of this
Section 11 (including Section 11.7) and Section 12.5 shall continue in effect for the benefit of such retiring Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted
to be taken by any of them while the retiring Agent was acting as an Agent. 
 11.10. Withholding Tax. To the extent required by any
applicable law, each Agent shall withhold from any payment to any Lender an amount equivalent to any applicable withholding tax. If the Internal Revenue Service or any other authority of the United States or other jurisdiction asserts a claim that
the Agent did not properly withhold tax from amounts paid to or for the account of any Lender for any reason (including, without limitation, because the appropriate form was not delivered or not properly executed, or because such Lender failed to
notify the Agent of a change in circumstance that rendered the exemption from, or reduction of withholding tax ineffective), such Lender shall indemnify and hold harmless the Agent (to the extent that the Agent has not already been reimbursed by the
Borrower and without limiting the obligation of the Borrower to do so) for all amounts paid, directly or indirectly, by the Agent as tax or otherwise, including any interest, additions to tax or penalties thereto, together with all expenses
incurred, including legal expenses and any other out-of-pocket expenses, whether or not such tax 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 Administrative Agent shall be conclusive absent manifest error. 
 SECTION 12. Miscellaneous 

12.1. Amendments and Waivers. Neither this Agreement nor any other Credit Document, nor any terms hereof or thereof, may be amended,
supplemented or modified except in accordance with the provisions of this Section 12.1. The Required Lenders may, or, with the written consent of the Required Lenders, the Administrative Agent and/or the Collateral Agent may (as
applicable depending on the relevant Credit Document), from time to time, (a) enter into with the relevant Credit Party or Credit Parties written amendments, supplements or modifications hereto and to the other Credit Documents for the purpose
of adding any provisions to this 

  
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Agreement or the other Credit Documents or changing in any manner the rights of the Lenders or of the Credit Parties hereunder or thereunder or (b) waive, on such terms and conditions as the
Required Lenders or the Administrative Agent and/or Collateral Agent, as the case may be, may specify in such instrument, any of the requirements of this Agreement or the other Credit Documents or any Default or Event of Default and its
consequences; provided, however, that no such waiver and no such amendment, supplement or modification shall directly (i) forgive or reduce any portion of any Loan or extend the scheduled repayment date of any principal of any
Loan (which, for the avoidance of doubt, does not include payments pursuant to Section 4.2(a), it being understood that only the consent of the Required Lenders shall be necessary to waive any obligations of the Borrower to make payments
pursuant to Section 4.2(a)) or reduce the stated rate (it being understood that only the consent of the Required Lenders shall be necessary to waive any obligation of the Borrower to pay interest at the “default rate”), or
forgive any portion, or extend the date for the payment, of any interest or fee payable hereunder (other than as a result of waiving the applicability of any post-default increase in interest rates), or extend the final expiration date of any
Lender’s Commitment, or increase the aggregate amount of the Commitments of any Lender, or amend or modify any provisions of Section 4.3(a) (with respect to the ratable allocation of any payments only) and 12.8(a), or make
any Loan, interest, fee or other amount payable in any currency other than expressly provided herein, in each case without the written consent of each Lender directly and adversely affected thereby, or (ii) amend, modify or waive any provision
of this Section 12.1 or reduce the percentages specified in the definitions of the terms “Required Lenders,” consent to the assignment or transfer by the Borrower of its rights and obligations under any Credit Document to which
it is a party (except as permitted pursuant to Section 9.3) or alter the order of application set forth in the final paragraph of Section 10, in each case without the written consent of each Lender directly and adversely
affected thereby, or (iii) amend, modify or waive any provision of Section 11 without the written consent of the then-current Administrative Agent and Collateral Agent, or (iv) release all or substantially all of the Guarantors
under the Guarantee (except as expressly permitted by the Guarantee or this Agreement) or release all or substantially all of the Collateral under the Security Documents (except as expressly permitted by the Security Documents or this Agreement)
without the prior written consent of each Lender, or (v) amend Section 2.9 so as to permit Interest Period intervals greater than six months without regard to availability to Lenders, without the written consent of each Lender
directly and adversely affected thereby, or (vi) change the application of any mandatory prepayments without the consent of a majority of each Class adversely affected thereby. Any such waiver and any such amendment, supplement or modification
shall apply equally to each of the affected Lenders and shall be binding upon the Credit Parties, such Lenders, the Administrative Agent and all future holders of the affected Loans. In the case of any waiver, the Borrower, the Lenders and the
Administrative Agent shall be restored to their former positions and rights hereunder and under the other Credit Documents, and any Default or Event of Default waived shall be deemed to be cured and not continuing, it being understood that no such
waiver shall extend to any subsequent or other Default or Event of Default or impair any right consequent thereon. 
 Notwithstanding any of
the foregoing, the Administrative Agent, acting in its sole reasonable discretion, and the Borrower may (without the consent of any Lender) amend or supplement this Agreement and the other Credit Documents to cure any ambiguity, defect or
inconsistency or to make a modification of a minor, consistency or technical nature or to correct a manifest error. 

  
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 Notwithstanding the foregoing, in addition to any credit extensions and related Joinder
Agreement(s) effectuated without the consent of Lenders in accordance with Section 2.14, this Agreement may be amended (or amended and restated), supplemented or modified, with the written consent of the Required Lenders, the Administrative
Agent and the Borrower (a) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit from time to time outstanding thereunder and the accrued interest and fees in respect thereof to share ratably
in the benefits of this Agreement and the other Credit Documents with the Term Loans and the accrued interest and fees in respect thereof and (b) to include appropriately the Lenders holding such credit facilities in any determination of the
Required Lenders and other definitions related to such new Term Loans. 
 In addition, notwithstanding the foregoing, this Agreement may be
amended with the written consent of the Administrative Agent, the Borrower and the Lenders providing the relevant Replacement Term Loans (as defined below) to permit the refinancing of all outstanding Term Loans of any Class (“Refinanced
Term Loans”) with a replacement term loan tranche (“Replacement Term Loans”) hereunder; provided that (a) the aggregate principal amount of such Replacement Term Loans shall not exceed the aggregate principal
amount of such Refinanced Term Loans, (b) the Applicable Margin for such Replacement Term Loans shall not be higher than the Applicable Margin for such Refinanced Term Loans, (c) the weighted average life to maturity of such Replacement
Term Loans shall not be shorter than the weighted average life to maturity of such Refinanced Term Loans at the time of such refinancing (except to the extent of nominal amortization for periods where amortization has been eliminated as a result of
prepayment of the applicable Term Loans) and (d) all other terms applicable to such Replacement Term Loans shall be substantially the same in material respects to, or less favorable to the Lenders providing such Replacement Term Loans than
those applicable to such Refinanced Term Loans, except to the extent necessary to provide for covenants and other terms applicable to any period after the latest final maturity of the Term Loans of such Class in effect immediately prior to such
refinancing, or in respect of interest rates and/or fees applicable thereto, unless, in each case otherwise agreed by the provider of such Replacement Term Loans and the Required Lenders (which will not include the Class of Refinanced Term Loans in
such calculation for this purpose). 
 The Lenders hereby irrevocably agree that the Liens granted to the Collateral Agent by the Credit
Parties on any Collateral shall be automatically released (i) in the case of all Credit Parties, in full, upon payment in full of the Obligations under this Agreement (other than the indemnification and other contingent obligations for which no
claim has been asserted), (ii) upon the sale or other disposition of such Collateral (including as part of or in connection with any other sale or other disposition permitted hereunder) to any Person other than another Credit Party (or, in the
case of a sale by a Credit Party another Credit Party), to the extent such sale or other disposition is made in compliance with the terms of this Agreement (and the Collateral Agent may rely conclusively on a certificate to that effect provided to
it by any Credit Party upon its reasonable request without further inquiry), (iii) to the extent such Collateral is comprised of property leased to a Credit Party, upon termination or expiration of such lease, (iv) if the release of such
Lien is approved, authorized or ratified in writing by the Required Lenders (or such other percentage of the Lenders whose consent may be required in accordance with this Section 12.1), (v) to the extent the property constituting
such Collateral is owned by any Guarantor, upon the release of such Guarantor from its obligations under the applicable Guarantee (as 

  
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set forth below) and (vi) as required to effect any sale or other disposition of Collateral in connection with any exercise of remedies of the Collateral Agent pursuant to the Security
Documents. In addition to the foregoing, the Collateral Agent, in its reasonable discretion, may release Liens granted to the Collateral Agent, for the benefit of the Secured Parties, on Collateral valued in an aggregate amount not in excess of
$10,000,000 per fiscal year of the Borrower without prior written authorization of any Lender. Any such release shall not in any manner discharge, affect, or impair the Obligations or any Liens (other than those being released) upon (or obligations
(other than those being released) of the Credit Parties in respect of) all interests retained by the Credit Parties, including the proceeds of any sale, all of which shall continue to constitute part of the Collateral except to the extent otherwise
released in accordance with the provisions of the Credit Documents. Additionally, the Lenders hereby irrevocably agree that the Guarantors shall be released from their obligations under the Guarantee upon consummation of any transaction resulting in
such Subsidiary ceasing to constitute a Restricted Subsidiary. The Lenders hereby authorize the Administrative Agent and the Collateral Agent, as applicable, to execute and deliver any instruments, documents, and agreements necessary or desirable to
evidence and confirm the release of any Guarantor or Collateral pursuant to the foregoing provisions of this paragraph, all without the further consent or joinder of any Lender. 

12.2. Notices. Unless otherwise expressly provided herein, all notices and other communications provided for hereunder or under any
other Credit Document shall be in writing (including by facsimile transmission). All such written notices shall be mailed, faxed or delivered to the applicable address, facsimile number or electronic mail address, and all notices and other
communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(a) if to the Borrower, the Administrative Agent or the Collateral Agent, to the address, facsimile number, electronic mail
address or telephone number specified for such Person on Schedule 12.2 or to such other address, facsimile number, electronic mail address or telephone number as shall be designated by such party in a notice to the other parties; and 

(b) if to any other Lender, to the address, facsimile number, electronic mail address or telephone number specified in its
Administrative Questionnaire or to such other address, facsimile number, electronic mail address or telephone number as shall be designated by such party in a notice to the Borrower, the Administrative Agent and the Collateral Agent. 

All such notices and other communications shall be deemed to be given or made upon the earlier to occur of (i) actual receipt by the relevant party
hereto and (ii) (A) if delivered by hand or by courier, when signed for by or on behalf of the relevant party hereto; (B) if delivered by mail, three (3) Business Days after deposit in the mails, postage prepaid; (C) if
delivered by facsimile, when sent and receipt has been confirmed by telephone; and (D) if delivered by electronic mail, when delivered; provided that notices and other communications to the Administrative Agent or the Lenders pursuant to
Sections 2.3, 2.6, 2.9 and 4.1 shall not be effective until received. 
 12.3. No Waiver; Cumulative
Remedies. No failure to exercise and no delay in exercising, on the part of the Administrative Agent, the Collateral Agent or any Lender, any 

  
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right, remedy, power or privilege hereunder or under the other Credit Documents shall operate as a waiver thereof, nor shall any single or partial exercise of any right, remedy, power or
privilege hereunder preclude any other or further exercise thereof or the exercise of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights, remedies,
powers and privileges provided by law. 
 12.4. Survival of Representations and Warranties. All representations and warranties made
hereunder, in the other Credit Documents and in any document, certificate or written statement delivered pursuant hereto or in connection herewith shall survive the execution and delivery of this Agreement and the making of the Loans hereunder. 

12.5. Payment of Expenses. The Borrower agrees (a) to pay or reimburse the Agents for all their reasonable and documented
out-of-pocket costs and expenses incurred in connection with the preparation, negotiation and execution of, and any amendment, supplement or modification to, this Agreement and the other Credit Documents and any other documents prepared in
connection herewith or therewith, and the consummation and administration of the transactions contemplated hereby and thereby (but limited, as to legal fees and expenses, to the out-of-pocket reasonable fees, disbursements and other charges of
Cahill Gordon & Reindel LLP and up to one special and local counsel in respect of each relevant jurisdiction, as applicable, (b) to pay or reimburse the Administrative Agent and the Collateral Agent (and, if applicable
as set forth below, the Lenders) for all their reasonable and documented out-of-pocket costs and expenses incurred in connection with the enforcement or preservation of any rights under this Agreement, the other Credit Documents and any such other
documents, including the out-of-pocket and documented reasonable fees, disbursements and other charges of counsel to the Administrative Agent, the Collateral Agent and the Lenders (c) to pay, indemnify, and hold harmless each Lender and Agent
from, any and all recording and filing fees and (d) to pay, indemnify, and hold harmless each Lender and Agent and their respective directors, officers, employees, trustees, investment advisors and agents (the “Indemnitees”)
from and against any and all other liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever, including reasonable out-of-pocket and documented fees,
disbursements and other charges of one legal counsel and up to one special and local counsel in respect of each material and relevant area of law or jurisdiction (as applicable) and one additional counsel in the event of any conflict of interest,
with respect to the execution, delivery, enforcement, performance and administration of this Agreement, the other Credit Documents and any such other documents, including, without limitation, any of the foregoing relating to the violation of,
noncompliance with or liability under, any Environmental Law (other than by such indemnified person or any of its Related Parties) or to any actual or alleged presence, Release or threatened Release of Hazardous Materials involving or attributable
to the operations of the Borrower, any of the Subsidiaries or any of the Real Estate (all the foregoing in this clause (d), collectively, the “Indemnified Liabilities”), provided that the Borrower shall have no
obligation hereunder to the Administrative Agent or any Lender nor any other Indemnitee nor any of their respective Related Parties with respect to Indemnified Liabilities to the extent attributable to (i) the gross negligence, bad faith or
willful misconduct of the Indemnitee to be indemnified (as determined by a final judgment of a court of competent jurisdiction), (ii) any material breach of any Credit Document by the Indemnitees to be indemnified or (iii) any claims
between Indemnitees and/or their Related Parties and not directly involving the Borrower or any of its Affiliates. All amounts payable under this Section 12.5 shall be paid within ten Business Days of receipt by the Borrower of written
demand therefor. The agreements in this Section 12.5 shall survive repayment of the Loans and all other amounts payable hereunder. 

  
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 12.6. Successors and Assigns; Participations and Assignments. 

(a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and
assigns permitted hereby, except that (i) except as expressly permitted by Section 9.3, the Borrower may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of the
Administrative Agent and each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no Lender may assign or otherwise transfer its rights or obligations hereunder except in
accordance with this Section 12.6. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the parties hereto, their respective successors and assigns permitted hereby, Participants (to
the extent provided in clause (c) of this Section 12.6) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent, the Collateral Agent and the Lenders) any legal or equitable right,
remedy or claim under or by reason of this Agreement. 
 (b) (i) Subject to the conditions set forth in clause (b)(ii) below,
any Lender may at any time assign to one or more assignees all or a portion of its rights and obligations under this Agreement (including all or a portion of its Commitments and the Loans at the time owing to it) with the prior written consent (such
consent not be unreasonably withheld or delayed; it being understood that, without limitation, the Borrower shall have the right to withhold or delay its consent to any assignment if, in order for such assignment to comply with applicable law, the
Borrower would be required to obtain the consent of, or make any filing or registration with, any Governmental Authority) of: 

(A) the Borrower (which consent shall not be unreasonably withheld or delayed), provided that no consent of the
Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender (unless increased costs including payments under Section 2.10, 2.11 or 4.4 would result therefrom unless an Event of Default under
Section 10.1 or Section 10.5 has occurred and is continuing), an Approved Fund or, if an Event of Default under Section 10.1 or Section 10.5 has occurred and is continuing, any other assignee;
provided further that consent to an assignment by the Borrower shall be deemed to have been given if the Borrower does not expressly withhold consent thereto within 10 Business Days of a Lender requesting in writing such consent from
the Borrower; and 
 (B) the Administrative Agent (which consent shall not be unreasonably withheld or delayed),
provided that no consent of the Administrative Agent shall be required for an assignment of any Term Loan to a Lender, an Affiliate of a Lender or an Approved Fund. 

  
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 Notwithstanding the foregoing, no such assignment shall be made to (i) the Borrower, any Sponsor or any of
their respective Affiliates or (ii) a natural person. 
 (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 Loans of any Class, the amount of the Commitment or Loans 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 Administrative Agent) shall not be less than $1,000,000, and increments of $1,000,000 in excess thereof or, unless each of the Borrower and the Administrative Agent otherwise consents (which consents
shall not be unreasonably withheld or delayed), provided that no such consent of the Borrower shall be required if a Default or an Event of Default under Section 10.1 or Section 10.5 has occurred and is continuing;
provided further that contemporaneous assignments to a single assignee made by Affiliates of Lenders and related Approved Funds and contemporaneous assignments by a single assignor made to Funds managed by the same investment advisor
shall be aggregated for purposes of meeting the minimum assignment amount requirements stated above; 
 (B) each partial
assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement, provided that this clause shall not be construed to prohibit the assignment of a proportionate
part of all the assigning Lender’s rights and obligations in respect of one Class of Commitments or Loans; 
 (C) The
parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Acceptance, together with a processing and recordation fee in the amount of $3,500; provided that the Administrative Agent may, in its sole
discretion, elect to waive such processing and recordation fee in the case of any assignment; 
 (D) the assignee, if it
shall not be a Lender, shall deliver to the Administrative Agent an administrative questionnaire in a form approved by the Administrative Agent (the “Administrative Questionnaire”); and 

(E) no assignment shall be effective unless and until such assignment is recorded in the Register. 

(iii) Subject to acceptance and recording thereof pursuant to clause (b)(iv) of this Section 12.6, 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 of
the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.10, 2.11, 4.4 and 12.5). Any assignment
or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 12.6 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 clause (c) of this Section 12.6. 

  
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 (iv) The Administrative Agent, acting for this purpose as an agent of the Borrower, shall
maintain at the Administrative Agent’s Office a copy of each Assignment and Acceptance delivered to it and a register for the recordation of the names and addresses of the Lenders and Participants, and the Commitments of, and principal and
interest amount of the Loans owing to, each Lender and Participant pursuant to the terms hereof from time to time (the “Register”). Further, each Register shall contain the name and address of the Administrative Agent and the
lending office through which each such Person acts under this Agreement. The entries in the Register shall be conclusive, and the Borrower, the Administrative Agent, the Collateral Agent and the Lenders shall treat each Person whose name is recorded
in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for inspection by the Borrower, the Collateral Agent and any Lender, at
any reasonable time and from time to time upon reasonable prior notice. 
 (v) Upon its receipt of a duly completed Assignment and
Acceptance executed by an assigning Lender and an assignee, the assignee’s completed Administrative Questionnaire (unless the assignee shall already be a Lender hereunder), the processing and recordation fee referred to in clause
(b) of this Section 12.6 and any written consent to such assignment required by clause (b) of this Section 12.6, the Administrative Agent shall accept such Assignment and Acceptance and record the
information contained therein in the Register. 
 (c) (i) Any Lender may, without the consent of the Borrower or the Administrative
Agent, sell participations to one or more banks or other entities (each, a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its Commitments and the
Loans owing to it), provided that (A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations
and, (C) the Borrower, the Administrative 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. Any agreement or instrument
pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement or any other Credit
Document, provided that such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, modification or waiver described in clause (i) of the proviso to
Section 12.1 that affects such Participant. Subject to clause (c)(ii) of this Section 12.6, the Borrower agrees that each Participant shall be entitled to the benefits of Sections 2.10, 2.11 and
4.4 (subject to the requirements and limitations of those Sections) and had acquired its interest by assignment pursuant to clause (b) of this Section 12.6. To the extent permitted by law, each Participant also shall
be entitled to the benefits of Section 12.8(b) (subject to the requirements and limitations of the Section). 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 and interest amount of each Participant’s interest in the Loans held by it (the “Participant Register”). 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 Loan or other obligation hereunder as the owner thereof for all purposes of this
Agreement notwithstanding any notice to the contrary. 

  
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 (ii) A Participant shall not be entitled to receive any greater payment under
Section 2.10, 2.11 or 4.4 than the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant except to the extent that the entitlement to any greater payment results
from any Change in Law after the Participant becomes a Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent (which consent shall not be unreasonably withheld). 

(d) Any Lender may, without the consent of the Borrower or the Administrative Agent, at any time pledge or assign a security interest in all
or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section 12.6 shall not apply to any such pledge or
assignment of a security interest, provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. In
order to facilitate such pledge or assignment, the Borrower hereby agrees that, upon request of any Lender at any time and from time to time after the Borrower has made its initial borrowing hereunder, the Borrower shall provide to such Lender, at
the Borrower’s own expense, a promissory note, in form reasonably satisfactory to the Administrative Agent and the Borrower, evidencing the Term Loans owing to such Lender. 

(e) If the Borrower wishes to replace all of the Loans or Commitments hereunder with ones having different terms, it shall have the option,
with the consent of the Administrative Agent and subject to any required prepayment notice to the Lenders, instead of prepaying the Loans or reducing or terminating the Commitments, to require the Lenders to assign all of the Loans and Commitments
to the Administrative Agent or its designees. Pursuant to any such assignment, all Loans and Commitments shall be purchased at par, accompanied by payment of any accrued interest thereon and any amounts owing pursuant to Section 2.11. By
receiving such purchase price, the Lenders shall automatically be deemed to have assigned all of the Loans and Commitments pursuant to the terms of an Assignment and Acceptance, and accordingly no other action by such Lenders shall be required in
connection therewith. The provisions of this paragraph are intended to facilitate the maintenance of the perfection and priority of existing security interests in the Collateral during any such replacement. 

(f) Subject to Section 12.16, the Borrower authorizes each Lender to disclose to any Participant, secured creditor of such Lender
or assignee (each, a “Transferee”) and any prospective Transferee any and all financial information in such Lender’s possession concerning the Borrower and its Affiliates that has been delivered to such Lender by or on behalf
of the Borrower and its Affiliates pursuant to this Agreement or that has been delivered to such Lender by or on behalf of the Borrower and its Affiliates in connection with such Lender’s credit evaluation of the Borrower and its Affiliates
prior to becoming a party to this Agreement. 
 (g) The words “execution,” “signed,” “signature,” and words of
like import in any Assignment and Acceptance shall be deemed to include electronic signatures or the keeping of records in electronic form, each of which shall be of the same legal effect, validity or enforceability as a manually executed signature
or the use of a paper-based recordkeeping system, as the case may be, to the extent and as provided for in any applicable law, including the Federal Electronic Signatures in Global and National Commerce Act, the New York State Electronic Signatures
and Records Act, or any other similar state laws based on the Uniform Electronic Transactions Act. 

  
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 (h) Notwithstanding anything else to the contrary contained in this Agreement, any Lender may
assign all or a portion of its Term Loans to any Affiliated Lender in accordance with Section 12.6; provided that: 

(i) no Default or Event of Default has occurred or is continuing or would result therefrom; 

(ii) the assigning Lender and Affiliated Lender purchasing such Lender’s Term Loans, as applicable, shall execute and
deliver to the Administrative Agent an assignment agreement substantially in the form of Exhibit E hereto (an “Affiliated Lender Assignment and Assumption”) in lieu of an Assignment and Assumption; 

(iii) any Loans assigned to any Purchasing Borrower Party shall be automatically and permanently cancelled upon the
effectiveness of such assignment and will thereafter no longer be outstanding for any purpose hereunder; 
 (iv) no Term Loan
may be assigned to an Affiliated Lender pursuant to this Section, if after giving effect to such assignment, Affiliated Lenders in the aggregate would own in excess of 25% of the principal amount of all Term Loans then outstanding; 

(v) any offer by a Purchasing Borrower Party to purchase or take by assignment any Term Loans shall be made to all Lenders pro
rata (with buyback mechanics to be agreed between such Purchasing Borrower Party and the Auction Agent selected by the Borrower for such purchase and which shall be reasonably acceptable to the Administrative Agent); and 

(vi) no assignment shall be effective unless and until such assignment is recorded in the Register. 

(i) Notwithstanding anything to the contrary in this Agreement, no Affiliated Lender shall have any right to (x) attend (including by
telephone) any meeting or discussions (or portion thereof) among the Administrative Agent or any Lender to which representatives of the Loan Parties are not invited, and (y) receive any information or material prepared by the Administrative
Agent or any Lender or any communication by or among the Administrative Agent and/or one or more Lenders, except to the extent such information or materials have been made available to any Loan Party or its representatives (and in any case, other
than the right to receive notices of prepayments and other administrative notices in respect of its Loans required to be delivered to Lenders pursuant to Section 2), or (z) make or bring (or participate in, other than as a passive
participant in or recipient of its pro rata benefits of) any claim, in its capacity as a Lender, against the Administrative Agent or any other Lender with respect to any duties or obligations or alleged duties or obligations of the Administrative
Agent or such other Lender under the Credit Documents (other than a claim that arises from the gross negligence, bad faith or willful misconduct of the Administrative Agent or such other Lender). 

  
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 (j) Notwithstanding anything in Section 10.1 or the definition of “Required
Lenders” to the contrary, for the purposes of determining whether the Required Lenders have (i) consented (or not consented) to any amendment, modification, waiver, consent or other action with respect to any of the terms of any Credit
Document or any departure by any Loan Party therefrom, (ii) otherwise acted on any matter related to any Credit Document, or (iii) directed or required the Administrative Agent or any Lender to undertake any action (or refrain from taking
any action) with respect to or under any Credit Document: 
 (A) all Term Loans held by any Non-Debt Fund Affiliate shall be
deemed to be not outstanding for all purposes of calculating whether the Required Lenders have taken any actions; and 
 (B)
all Term Loans held by Affiliated Debt Funds may not account for more than 50% of the Term Loans of consenting Lenders included in determining whether the Required Lenders have consented to any action pursuant to Section 10.1. 

Additionally, the Loan Parties and each Non-Debt Fund Affiliate hereby agree that if a case under Title 11 of the United States Code is commenced against any
Loan Party, such Loan Party shall seek (and each Non-Debt Fund Affiliate shall consent) to provide that the vote of any Non-Debt Fund Affiliate (in its capacity as a Lender) with respect to any plan of reorganization of such Loan Party shall not be
counted except that such Non-Debt Fund Affiliate’s vote (in its capacity as a Lender) may be counted to the extent any such plan of reorganization proposes to treat the Obligations held by such Non-Debt Fund Affiliate in a manner that is less
favorable in any material respect to such Non-Debt Fund Affiliate than the proposed treatment of similar Obligations held by Lenders that are not Affiliates of the Borrower. Each Non-Debt Fund Affiliate hereby irrevocably appoints the Administrative
Agent (such appointment being coupled with an interest) as such Non-Debt Fund Affiliate’s attorney-in-fact, with full authority in the place and stead of such Non-Debt Fund Affiliate and in the name of such Non-Debt Fund Affiliate, from time to
time in the Administrative Agent’s discretion to take any action and to execute any instrument that the Administrative Agent may deem reasonably necessary to carry out the provisions of this paragraph. 

(k) The Administrative Agent shall not have any responsibility for ensuring compliance by any party with this clauses (h),
(i) and (j) of this Section 12.6 or determining whether any assignee is an Affiliated Lender. The Borrower shall ensure that Section 12.6(h)(iv) is complied with and shall promptly notify the
Administrative Agent of any acquisition by any Affiliated Lender of any Term Loan. 
 12.7. Replacements of Lenders Under Certain
Circumstances. 
 (a) The Borrower shall be permitted to replace any Lender that (a) requests reimbursement for amounts owing
pursuant to Section 2.10 or 4.4, (b) is affected in the manner described in Section 2.10(a)(iv) and as a result thereof any of the actions described in such Section is required to be taken or (c) becomes a
Defaulting Lender, with a replacement bank or other financial institution, provided that (i) such replacement does not conflict with any Requirement of Law, (ii) no Event of Default shall have occurred and be continuing at the time
of such replacement, (iii) the Borrower shall repay (or the replacement bank or institution shall purchase, 

  
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at par) all Loans and other amounts (other than any disputed amounts), pursuant to Section 2.10, 2.11 or 4.4, as the case may be) owing to such replaced Lender prior to
the date of replacement, (iv) the replacement bank or institution, if not already a Lender, and the terms and conditions of such replacement, shall be reasonably satisfactory to the Administrative Agent, (v) the replaced Lender shall be
obligated to make such replacement in accordance with the provisions of Section 12.6 (provided that the Borrower shall be obligated to pay the registration and processing fee referred to therein) and (vi) any such replacement
shall not be deemed to be a waiver of any rights that the Borrower, the Administrative Agent or any other Lender shall have against the replaced Lender. 

(b) If any Lender (such Lender, a “Non-Consenting Lender”) has failed to consent to a proposed amendment, waiver, discharge
or termination that pursuant to the terms of Section 12.1 requires the consent of all of the Lenders affected and with respect to which the Required Lenders shall have granted their consent, then provided no Event of Default then exists,
the Borrower shall have the right (unless such Non-Consenting Lender grants such consent) to replace such Non-Consenting Lender by requiring such Non-Consenting Lender to assign its Loans, and its Commitments hereunder to one or more assignees
reasonably acceptable to the Administrative Agent, provided that: (a) all Obligations of the Borrower then due and payable to such Non-Consenting Lender being replaced shall be paid in full to such Non-Consenting Lender concurrently with
such assignment, (b) the replacement Lender shall purchase the foregoing by paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon. In connection with any such assignment, the
Borrower, Administrative Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 12.6 and (c) if such replacement is in connection with a repricing of the Term B Loans prior to the first
anniversary of the Third Restatement Effective Date, the Borrower shall pay the replaced Lender a fee equal to 1.0% of the principal amount of its Term B Loans required to be assigned pursuant to this Section 12.7(b). 

12.8. Adjustments; Set-off. 

(a) If any Lender (a “Benefited Lender”) shall at any time receive any payment of all or part of its Loans, or interest
thereon, or receive any collateral in respect thereof (whether voluntarily or involuntarily, by set-off, pursuant to events or proceedings of the nature referred to in Section 10.5, or otherwise), in a greater proportion than any such
payment to or collateral received by any other Lender, if any, in respect of such other Lender’s Loans, or interest thereon, such Benefited Lender shall purchase for cash from the other Lenders a participating interest in such portion of each
such other Lender’s Loan, or shall provide such other Lenders with the benefits of any such collateral, or the proceeds thereof, as shall be necessary to cause such Benefited Lender to share the excess payment or benefits of such collateral or
proceeds ratably with each of the Lenders; provided, however, that if all or any portion of such excess payment or benefits is thereafter recovered from such Benefited Lender, such purchase shall be rescinded, and the purchase price
and benefits returned, to the extent of such recovery, but without interest. 
 (b) After the occurrence and during the continuance of an
Event of Default, in addition to any rights and remedies of the Lenders provided by law, each Lender shall have the right, without prior notice to the Borrower, any such notice being expressly waived by the Borrower

  
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to the extent permitted by applicable law, upon any amount becoming due and payable by the Borrower hereunder (whether at the stated maturity, by acceleration or otherwise) to set-off and
appropriate and apply against such amount any and all deposits (general or special, time or demand, provisional or final), in any currency, and any other credits, indebtedness or claims, in any currency, in each case whether direct or indirect,
absolute or contingent, matured or unmatured, at any time held or owing by such Lender or any branch or agency thereof to or for the credit or the account of the Borrower. Each Lender agrees promptly to notify the Borrower and the Administrative
Agent after any such set-off and application made by such Lender, provided that the failure to give such notice shall not affect the validity of such set-off and application. 

12.9. Counterparts. This Agreement may be executed by one or more of the parties to this Agreement on any number of separate
counterparts (including by facsimile or other electronic transmission), and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A set of the copies of this Agreement signed by all the parties shall be
lodged with the Borrower and the Administrative Agent. 
 12.10. Severability. Any provision of this Agreement that is prohibited or
unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. 
 12.11. Integration. This
Agreement and the other Credit Documents represent the agreement of the Borrower, the Collateral Agent, the Administrative Agent and the Lenders with respect to the subject matter hereof, and there are no promises, undertakings, representations or
warranties by the Borrower, the Administrative Agent, the Collateral Agent nor any Lender relative to subject matter hereof not expressly set forth or referred to herein or in the other Credit Documents. 

12.12. GOVERNING LAW. THIS AGREEMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK; PROVIDED, HOWEVER, THAT IF THE LAWS OF ANY JURISDICTION OTHER THAN NEW YORK SHALL GOVERN IN REGARD TO THE VALIDITY, PERFECTION OR EFFECT OF PERFECTION OF ANY LIEN OR IN
REGARD TO PROCEDURAL MATTERS AFFECTING ENFORCEMENT OF ANY LIENS IN COLLATERAL, SUCH LAWS OF SUCH OTHER JURISDICTIONS SHALL CONTINUE TO APPLY TO THAT EXTENT. 

12.13. Submission to Jurisdiction; Waivers. Each of the parties hereto irrevocably and unconditionally: 

(a) submits for itself and its property in any legal action or proceeding relating to this Agreement and the other Credit
Documents to which it is a party, or for recognition and enforcement of any judgment in respect thereof, to the non-exclusive general jurisdiction of the courts of the State of New York, the courts of the United States of America for the Southern
District of New York and appellate courts from any thereof; 

  
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 (b) consents that any such action or proceeding may be brought in such courts and
waives any objection that it may now or hereafter have to the venue of any such action or proceeding in any such court or that such action or proceeding was brought in an inconvenient court and agrees not to plead or claim the same; 

(c) agrees that service of process in any such action or proceeding may be effected by mailing a copy thereof by registered or
certified mail (or any substantially similar form of mail), postage prepaid, to such Person at its address set forth on Schedule 12.2 at such other address of which the Administrative Agent shall have been notified pursuant to
Section 12.2; 
 (d) agrees that nothing herein shall affect the right to effect service of process in any other
manner permitted by law or shall limit the right to sue in any other jurisdiction; 
 (e) waives, to the maximum extent not
prohibited by law, any right it may have to claim or recover in any legal action or proceeding referred to in this Section 12.13 any special, exemplary, punitive or consequential damages; and 

(f) agrees that a final judgment in any such action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any other manner provided by law. 
 12.14. Acknowledgments. The Borrower hereby
acknowledges that: 
 (a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the
other Credit Documents; 
 (b) (i) the credit facilities provided for hereunder and any related arranging or other
services in connection therewith (including in connection with any amendment, waiver or other modification hereof or of any other Credit Document) are an arm’s-length commercial transaction between the Borrower, on the one hand, and the
Administrative Agent, the Lender and the other Agents on the other hand, and the Borrower and the other Credit Parties are capable of evaluating and understanding and understand and accept the terms, risks and conditions of the transactions
contemplated hereby and by the other Credit Documents (including any amendment, waiver or other modification hereof or thereof); (ii) in connection with the process leading to such transaction, each of the Administrative Agent and the other
Agents, is and has been acting solely as a principal and is not the financial advisor, agent or fiduciary for any of the Borrower, any other Credit Parties or any of their respective Affiliates, stockholders, creditors or employees or any other
Person; (iii) neither the Administrative Agent nor any other Agent has assumed or will assume an advisory, agency or fiduciary responsibility in favor of the Borrower or any other Credit Party with respect to any of the transactions
contemplated hereby or the process leading thereto, including with respect to any amendment, waiver or other modification hereof or of any other Credit Document (irrespective of whether the Administrative Agent or other Agent has advised or is
currently advising any of the Borrower, the other Credit Parties or their respective Affiliates on other matters) and neither the Administrative 

  
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Agent or other Agent has any obligation to any of the Borrower, the other Credit Parties or their respective Affiliates with respect to the transactions contemplated hereby except those
obligations expressly set forth herein and in the other Credit Documents; (iv) the Administrative Agent and its Affiliates may be engaged in a broad range of transactions that involve interests that differ from those of the Borrower and its
Affiliates, and neither the Administrative Agent nor other Agent has any obligation to disclose any of such interests by virtue of any advisory, agency or fiduciary relationship; and (v) neither the Administrative Agent nor any other Agent has
provided and none will provide any legal, accounting, regulatory or tax advice with respect to any of the transactions contemplated hereby (including any amendment, waiver or other modification hereof or of any other Credit Document) and the
Borrower has consulted its own legal, accounting, regulatory and tax advisors to the extent it has deemed appropriate. The Borrower hereby waives and releases, to the fullest extent permitted by law, any claims that it may have against the
Administrative Agent or any other Agent with respect to any breach or alleged breach of agency or fiduciary duty; and 
 (c)
no joint venture is created hereby or by the other Credit Documents or otherwise exists by virtue of the transactions contemplated hereby among the Lenders or among the Parent and the Borrower, on the one hand, and any Lender, on the other hand.

 12.15. WAIVERS OF JURY TRIAL. THE PARENT, THE BORROWER, EACH AGENT AND EACH LENDER HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVE
TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER CREDIT DOCUMENT AND FOR ANY COUN-TERCLAIM THEREIN. 

12.16. Confidentiality. The Administrative Agent and each Lender shall hold all non-public information furnished by or on behalf of the
Borrower or any of its Subsidiaries in connection with such Lender’s evaluation of whether to become a Lender hereunder or obtained by such Lender or the Administrative Agent pursuant to the requirements of this Agreement (“Confidential
Information”), confidential in accordance with its customary procedure for handling confidential information of this nature and (in the case of a Lender that is a bank) in accordance with safe and sound banking practices and in any event
may make disclosure as required or requested by any governmental agency or representative thereof or pursuant to legal process or (a) to such Lender’s or the Administrative Agent’s partners, directors, officers, employees, attorneys,
professional advisors, independent auditors, trustees or Affiliates or to ratings agencies, (b) to an investor or prospective investor in a Securitization that agrees its access to information regarding the Credit Parties, the Loans and the
Credit Documents is solely for purposes of evaluating an investment in a Securitization and who agrees to treat such information as confidential, (c) to a trustee, collateral manager, servicer, backup servicer, noteholder or secured party in
connection with the administration, servicing and reporting on the assets serving as collateral for a securitization and who agrees to treat such information as confidential, (d) to a nationally recognized ratings agency that requires access to
information regarding the Credit Parties, the Loans and Credit Documents in connection with ratings issued with respect to a Securitization, (e) to any party to this Agreement, (f) in connection with the exercise of any remedies hereunder
or under any other Credit Document or any action or proceeding relating to this Agreement or any other Credit Document or the enforcement of rights hereunder or thereunder, 

  
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(g) with the consent of the Borrower or (h) to the extent such Confidential Information (x) becomes publicly available other than as a result of a breach of this
Section 12.16 or (y) becomes available to the Administrative Agent, any Lender, or any of their respective Affiliates on a nonconfidential basis from a source other than the Borrower or its Subsidiaries; provided that unless
specifically prohibited by applicable law or court order, each Lender and the Administrative Agent shall notify the Borrower of any request made to such Lender or the Administrative Agent by any governmental agency or representative thereof (other
than any such request in connection with an examination of the financial condition of such Lender by such governmental agency) for disclosure of any such non-public information prior to disclosure of such information, and provided
further that in no event shall any Lender or the Administrative Agent be obligated or required to return any materials furnished by the Parent, the Borrower or any Subsidiary. Each Lender and the Administrative Agent agrees that it will not
provide to prospective Transferees or to any pledgee referred to in Section 12.6 or to prospective direct or indirect contractual counterparties in swap agreements to be entered into in connection with Loans made hereunder any of the
Confidential Information unless such Person is advised of and agrees to be bound by confidentiality provisions comparable to those set forth in this Section 12.16. 

12.17. Direct Website Communications. 

(a) The Borrower may, at its option, provide to the Administrative Agent any information, documents and other materials that it is obligated
to furnish to the Administrative Agent pursuant to the Credit Documents, including, without limitation, all notices, requests, financial statements, financial and other reports, certificates and other information materials
“Communications”), by transmitting the Communications in an electronic/soft medium in a format reasonably acceptable to the Administrative Agent to the Administrative Agent at Lilia-na.Claar@bankofamerica.com. Nothing in this
Section 12.17 shall prejudice the right of the Borrower, the Administrative Agent or any Lender to give any notice or other communication pursuant to any Credit Document in any other manner specified in such Credit Document. 

(b) The Administrative Agent agrees that the receipt of the Communications by the Administrative Agent at its e-mail address set forth above
shall constitute effective delivery of the Communications to the Administrative Agent for purposes of the Credit Documents. Each Lender agrees that notice to it (as provided in the next sentence) specifying that the Communications have been posted
to the Platform shall constitute effective delivery of the Communications to such Lender for purposes of the Credit Documents. Each Lender agrees (A) to notify the Administrative Agent in writing (including by electronic communication) from
time to time of such Lender’s e-mail address to which the foregoing notice may be sent by electronic transmission and (B) that the foregoing notice may be sent to such e-mail address. 

(c) The Borrower hereby acknowledge that (a) the Administrative Agent and/or the other Agents will make available to the Lenders
materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on IntraLinks or another similar electronic system (the
“Platform”) and (b) certain of the Lenders may be “public-side” Lenders (i.e., Lenders that do not wish to receive material non-public information with respect to the Borrower or its securities) (each, a
“Public Lender”). The Borrower hereby agrees that it will use commercially reasonable efforts to identify that portion of the Borrower Materials that do not contain any material non-public information

  
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and that may be distributed to the Public Lenders and that (x) all such Borrower Materials shall be clearly and conspicuously marked “PUBLIC” which, at a minimum, shall mean that
the word “PUBLIC” shall appear prominently on the first page thereof and (y) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent and the other Agents to make such
Borrower Materials available through a portion of the Platform designated “Public Investor.” Notwithstanding the foregoing or any other provision of this Agreement to the contrary, neither the Borrower nor any of its Related Parties shall
be liable, or responsible in any manner, for the use by any Agent, any Lender, any Participant or any of their Related Parties of the Borrower Materials. In addition, it is agreed that (i) to the extent any Borrower Materials constitute
Confidential Information, they shall be subject to the confidentiality provisions of Section 12.16 and (ii) the Borrower shall be under no obligation to designate any Borrower Materials as “PUBLIC.” 

(d) THE PLATFORM IS PROVIDED “AS IS” AND “AS AVAILABLE.” THE AGENT PARTIES (AS DEFINED BELOW) DO NOT WARRANT THE ACCURACY
OR COMPLETENESS OF THE BORROWER MATERIALS OR THE ADEQUACY OF THE PLATFORM, AND EXPRESSLY DISCLAIM LIABILITY FOR ERRORS IN OR OMISSIONS FROM THE BORROWER MATERIALS. NO WARRANTY OF ANY KIND, EXPRESS, IMPLIED OR STATUTORY, INCLUDING ANY WARRANTY OF
MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OF THIRD PARTY RIGHTS OR FREEDOM FROM VIRUSES OR OTHER CODE DEFECTS, IS MADE BY ANY AGENT PARTY IN CONNECTION WITH THE BORROWER MATERIALS OR THE PLATFORM. In no event shall the
Administrative Agent or any of its Related Parties (collectively, the “Agent Parties” and each an “Agent Party”) have any liability to the Borrower, any Lender or any other Person for losses, claims,
damages, liabilities or expenses of any kind (whether in tort, contract or otherwise) arising out of the Borrower’s or the Administrative Agent’s transmission of Borrower Materials through the internet, except to the extent the liability
of any Agent Party resulted from such Agent Party’s (or any of its Related Parties’) gross negligence, bad faith or willful misconduct or material breach of the Credit Documents. 

12.18. USA PATRIOT Act. Each Lender hereby notifies the Borrower that pursuant to the requirements of the USA Patriot Act (Title III of
Pub. L. 107-56 (signed into law Oc-tober 26, 2001)) (the “Patriot Act”), it is required to obtain, verify and record information that identifies the Parent and the Borrower, which information includes the name and address of
the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the Patriot Act. 
 12.19.
Intercreditor Agreement. The Credit Parties and the Secured Parties acknowledge that the exercise of certain of the Collateral Agent’s and the Administrative Agent’s rights and remedies hereunder may be subject to, and restricted
by, the provisions of the Inter-creditor Agreement. Except as specified herein, nothing contained in the Intercreditor Agreement shall be deemed to modify any of the provisions of this Agreement and the other Credit Documents, which, as among the
Credit Parties and the Secured Parties shall remain in full force and effect. 

  
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