Document:

Fifth Amended and Restated Credit Agreement

 Exhibit 10.3 
 EXECUTION VERSION 
  

 
  

Published CUSIP Numbers: 
 Credit Facility                 65336RAD0 
 Revolving Commitment                 65336RAE8 
 Term Loan B                 65336RAF5 
 FIFTH AMENDED AND RESTATED CREDIT AGREEMENT 
 Dated as of December 3, 2012

 among 

NEXSTAR BROADCASTING, INC., 
 as the Borrower, 
 NEXSTAR BROADCASTING GROUP, INC., 

NEXSTAR FINANCE HOLDINGS, INC. 
 BANK OF AMERICA, N.A., 
 as Administrative Agent, Collateral Agent, 

Swing Line Lender and L/C Issuer, 
 UBS SECURITIES LLC, 
 as Syndication Agent 

RBC CAPITAL MARKETS, 
 as Documentation Agent 
 and 

The Other Lenders Party Hereto 
 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 
 UBS SECURITIES LLC

 RBC CAPITAL MARKETS 
 as Joint Lead Arrangers and Joint Book Managers 
  

 
  

 TABLE OF CONTENTS 

 

							
	 Section
	  	 Page
	 
	
	 ARTICLE I

DEFINITIONS AND ACCOUNTING TERMS
	   

  

			
	 1.01        
	 	Defined Terms	  	 	2	  
	 1.02
	 	Other Interpretive Provisions	  	 	72	  
	 1.03
	 	Accounting Terms; Calculation of Financial Covenants and other Financial Ratios and Terms	  	 	73	  
	 1.04
	 	Rounding	  	 	74	  
	 1.05
	 	Timing of Payment or Performance	  	 	74	  
	 1.06
	 	Times of Day	  	 	74	  
	 1.07
	 	Letter of Credit Amounts	  	 	74	  
	
	 ARTICLE II

THE COMMITMENTS AND CREDIT EXTENSIONS
	   

  

			
	 2.01
	 	The Loans	  	 	75	  
	 2.02
	 	Borrowings, Conversions and Continuations of Loans	  	 	77	  
	 2.03
	 	Letters of Credit	  	 	78	  
	 2.04
	 	Swing Line Loans	  	 	89	  
	 2.05
	 	Prepayments	  	 	92	  
	 2.06
	 	Termination or Reduction of Commitments	  	 	100	  
	 2.07
	 	Repayment of Loans	  	 	101	  
	 2.08
	 	Interest	  	 	101	  
	 2.09
	 	Fees	  	 	102	  
	 2.10
	 	Computation of Interest and Fees	  	 	103	  
	 2.11
	 	Evidence of Debt	  	 	104	  
	 2.12
	 	Payments Generally; Administrative Agent’s Clawback	  	 	105	  
	 2.13
	 	Sharing of Payments by Lenders	  	 	107	  
	 2.14
	 	Incremental Credit Extensions	  	 	108	  
	 2.15
	 	Extensions of Term Loans and Revolving Credit Commitments	  	 	112	  
	 2.16
	 	Defaulting Lenders	  	 	114	  
	 2.17
	 	Cash Collateral	  	 	117	  
	 2.18
	 	Designation of Subsidiaries	  	 	119	  
	
	 ARTICLE III

TAXES, YIELD PROTECTION AND ILLEGALITY
	   

  

			
	 3.01
	 	Taxes	  	 	119	  
	 3.02
	 	Illegality	  	 	124	  
	 3.03
	 	Inability to Determine Rates	  	 	125	  
	 3.04
	 	Increased Costs; Reserves on Eurodollar Rate Loans	  	 	125	  
	 3.05
	 	Compensation for Losses	  	 	127	  
	 3.06
	 	Mitigation Obligations; Replacement of Lenders	  	 	128	  
	 3.07
	 	Survival	  	 	128	  

  
 i 

							
	
	 ARTICLE IV

CONDITIONS PRECEDENT TO CREDIT EXTENSIONS
	   

  

			
	 4.01        
	 	Conditions of Initial Credit Extension	  	 	128	  
	 4.02
	 	Conditions to all Credit Extensions	  	 	132	  
	
	 ARTICLE V

REPRESENTATIONS AND WARRANTIES
	   

  

			
	 5.01
	 	Existence, Qualification and Power; Compliance with Laws	  	 	133	  
	 5.02
	 	Authorization; No Contravention	  	 	133	  
	 5.03
	 	Governmental Authorization; Other Consents	  	 	134	  
	 5.04
	 	Binding Effect	  	 	134	  
	 5.05
	 	Financial Statements; No Material Adverse Effect	  	 	134	  
	 5.06
	 	Litigation	  	 	135	  
	 5.07
	 	Ownership of Property; Liens	  	 	135	  
	 5.08
	 	Environmental Compliance	  	 	136	  
	 5.09
	 	Taxes	  	 	136	  
	 5.10
	 	ERISA Compliance	  	 	137	  
	 5.11
	 	Subsidiaries; Equity Interests; Nexstar Entities	  	 	137	  
	 5.12
	 	Margin Regulations; Investment Company Act	  	 	138	  
	 5.13
	 	Disclosure	  	 	138	  
	 5.14
	 	Intellectual Property; Licenses, Etc.	  	 	138	  
	 5.15
	 	Solvency	  	 	138	  
	 5.16
	 	Security Documents	  	 	138	  
	 5.17
	 	Use of Proceeds	  	 	139	  
	 5.18
	 	Senior Second Lien Notes Intercreditor Agreement and First Lien/Second Lien Matters	  	 	139	  
	 5.19
	 	Insurance	  	 	139	  
	 5.20
	 	Labor Matters	  	 	139	  
	 5.21
	 	OFAC; Anti-Money Laundering and Economic Sanctions Laws	  	 	139	  
	 5.22
	 	FCC Licenses	  	 	140	  
	 5.23
	 	Nexstar/Mission Agreements	  	 	141	  
	 5.24
	 	Cross-Collateralization, Cross-Default and Cross-Guaranties of the Nexstar and Mission Entities	  	 	141	  
	
	 ARTICLE VI

AFFIRMATIVE COVENANTS
	   

  

			
	 6.01
	 	Financial Statements	  	 	142	  
	 6.02
	 	Certificates; Other Information	  	 	143	  
	 6.03
	 	Notices	  	 	146	  
	 6.04
	 	Preservation of Existence, Etc.	  	 	147	  
	 6.05
	 	Maintenance of Properties	  	 	147	  
	 6.06
	 	Maintenance of Insurance	  	 	147	  

  
 ii 

							
	 6.07        
	 	Compliance with Laws	  	 	148	  
	 6.08
	 	Books and Records	  	 	148	  
	 6.09
	 	Inspection Rights	  	 	148	  
	 6.10
	 	Maintenance of First Lien Priority	  	 	149	  
	 6.11
	 	Covenant to Guarantee the Obligations and Give Security	  	 	149	  
	 6.12
	 	Use of Proceeds	  	 	153	  
	 6.13
	 	Compliance with Environmental Laws	  	 	154	  
	 6.14
	 	Further Assurances; Post-Closing Conditions	  	 	154	  
	 6.15
	 	Designation as Senior Debt	  	 	156	  
	 6.16
	 	Payment of Taxes	  	 	156	  
	
	 ARTICLE VII

NEGATIVE COVENANTS
	   

  

			
	 7.01
	 	Liens	  	 	157	  
	 7.02
	 	Indebtedness	  	 	160	  
	 7.03
	 	Investments	  	 	166	  
	 7.04
	 	Fundamental Changes	  	 	170	  
	 7.05
	 	Dispositions	  	 	171	  
	 7.06
	 	Prepayments, Etc. of Indebtedness; Amendments	  	 	174	  
	 7.07
	 	Use of Proceeds	  	 	175	  
	 7.08
	 	Transactions with Affiliates	  	 	175	  
	 7.09
	 	Restricted Payments	  	 	177	  
	 7.10
	 	Financial Covenants	  	 	178	  
	 7.11
	 	Change in Nature of Business	  	 	179	  
	 7.12
	 	Burdensome Agreements	  	 	179	  
	 7.13
	 	Amendments and Other Documents	  	 	181	  
	
	 ARTICLE VIII

EVENTS OF DEFAULT AND REMEDIES
	   

  

			
	 8.01
	 	Events of Default	  	 	182	  
	 8.02
	 	Remedies Upon Event of Default	  	 	186	  
	 8.03
	 	Exclusion of Immaterial Subsidiaries	  	 	186	  
	 8.04
	 	Application of Funds	  	 	187	  
	 8.05
	 	Borrower’s Right to Cure	  	 	188	  
	
	 ARTICLE IX

ADMINISTRATIVE AGENT
	   

  

			
	 9.01
	 	Appointment and Authority	  	 	189	  
	 9.02
	 	Rights as a Lender	  	 	190	  
	 9.03
	 	Exculpatory Provisions	  	 	190	  
	 9.04
	 	Reliance by Agents	  	 	191	  
	 9.05
	 	Delegation of Duties	  	 	191	  
	 9.06
	 	Resignation of Administrative Agent, Swing Line Lender, L/C Issuers and Collateral Agent	  	 	191	  

  
 iii

							
	 9.07        
	 	Non-Reliance on Administrative Agent and Other Lenders	  	 	193	  
	 9.08
	 	No Other Duties, Etc.	  	 	194	  
	 9.09
	 	Administrative Agent May File Proofs of Claim	  	 	194	  
	 9.10
	 	Collateral and Guarantee Matters	  	 	195	  
	 9.11
	 	Cash Management Obligations and Secured Hedge Agreements	  	 	196	  
	
	 ARTICLE X

MISCELLANEOUS
	   

  

			
	 10.01
	 	Amendments, Etc.	  	 	196	  
	 10.02
	 	Notices; Effectiveness; Electronic Communications	  	 	199	  
	 10.03
	 	No Waiver; Cumulative Remedies; Enforcement	  	 	202	  
	 10.04
	 	Expenses; Indemnity; Damage Waiver	  	 	202	  
	 10.05
	 	Payments Set Aside	  	 	205	  
	 10.06
	 	Successors and Assigns	  	 	206	  
	 10.07
	 	Treatment of Certain Information; Confidentiality	  	 	212	  
	 10.08
	 	Right of Setoff	  	 	213	  
	 10.09
	 	Interest Rate Limitation	  	 	214	  
	 10.10
	 	Counterparts; Integration; Effectiveness	  	 	214	  
	 10.11
	 	Survival of Representations and Warranties	  	 	215	  
	 10.12
	 	Severability	  	 	215	  
	 10.13
	 	Replacement of Lenders	  	 	215	  
	 10.14
	 	Governing Law; Jurisdiction; Etc.	  	 	216	  
	 10.15
	 	Waiver of Jury Trial	  	 	217	  
	 10.16
	 	No Advisory or Fiduciary Responsibility	  	 	217	  
	 10.17
	 	Electronic Execution of Assignments and Certain Other Documents	  	 	218	  
	 10.18
	 	Termination	  	 	218	  
	 10.19
	 	USA PATRIOT Act	  	 	219	  
	 10.20
	 	Amendment and Restatement	  	 	219	  
	 10.21
	 	Pro Rata Nature of the Loans and Mission Loans; Administrative Agent Right to Adjust	  	 	219	  
	 10.22
	 	Senior Second Lien Notes Intercreditor Agreement	  	 	220	  
	 10.23
	 	Time of the Essence	  	 	221	  
	 10.24
	 	ENTIRE AGREEMENT	  	 	221	  
		
	 SIGNATURES
	  	 	S-1	  

  
 iv 

					
	 	SCHEDULES
		
	 	1.01	(a) 	 	Nexstar/Mission Agreements
	 	1.01	(b) 	 	Stations
	 	1.01	(c) 	 	Description of Permitted Revolver Reallocation and Permitted Term B Reallocation
	 	1.01	(d) 	 	Immaterial Subsidiaries
	 	1.01	(e) 	 	Unrestricted Subsidiaries
	 	2.01	  	 	Commitments and Applicable Percentages
	 	5.06	  	 	Litigation
	 	5.07	  	 	Real Properties (including Mortgaged Properties)
	 	5.11	  	 	Subsidiaries; Equity Interests; Loan Parties
	 	5.22	  	 	FCC Licenses and Television Stations
	 	5.22	(c) 	 	FCC Disclosure
	 	7.01	(b) 	 	Existing Liens
	 	7.02	(s) 	 	Surviving Indebtedness
	 	7.03	(g) 	 	Existing Investments
	 	7.08	  	 	Transactions with Affiliates
	 	        10.02	  	 	Administrative Agent’s Office, Certain Addresses for Notices
	
	 	EXHIBITS
		
	 	        A	  	 	Form of Loan Notice
	 	        B	  	 	Form of Swing Line Loan Notice
	 	        C-1	  	 	Form of Term B Note
	 	        C-2	  	 	Form of Revolving Credit Note
	 	        D	  	 	Form of Compliance Certificate
	 	        E	  	 	Form of Assignment and Assumption
	 	        F	  	 	Form of Discounted Prepayment Option Notice
	 	        G	  	 	Form of Lender Participation Notice
	 	        H	  	 	Form of Discounted Voluntary Prepayment Notice
	 	        I-1	  	 	Form of U.S. Tax Compliance Certificate
	 	        I-2	  	 	Form of U.S. Tax Compliance Certificate
	 	        I-3	  	 	Form of U.S. Tax Compliance Certificate
	 	        I-4	  	 	Form of U.S. Tax Compliance Certificate
	 	        J	  	 	Representations Related to the Mission Entities

  
 v 

 FIFTH AMENDED AND RESTATED CREDIT AGREEMENT 

This FIFTH AMENDED AND RESTATED CREDIT AGREEMENT (“Agreement”) is entered into as of December 3, 2012, among
Nexstar Broadcasting, Inc., a Delaware corporation (the “Borrower”), Nexstar Finance Holdings, Inc., a Delaware corporation, Nexstar Broadcasting Group, Inc., a Delaware corporation, each lender from time to time party hereto
(collectively, the “Lenders” and individually, a “Lender”), and BANK OF AMERICA, N.A., as Administrative Agent, Collateral Agent, Swing Line Lender and L/C Issuer. 

PRELIMINARY STATEMENTS: 
 1. The Borrower intends to acquire (the “Newport Acquisition”) substantially all of the assets used or held for use in the operation of (a) nine (9) television broadcasting
stations located in Salt Lake City, Utah, Memphis, Tennessee, Jackson, Tennessee, Binghamton, New York, Elmira, New York, Watertown, New York, and Syracuse, New York and (b) the integrated digital management solutions business, Inergize
Digital, in each case owned by Newport Television and Newport Television License. To effect the Newport Acquisition, the Borrower will consummate the transactions pursuant to the Acquisition Documents (as this and other capitalized terms used in
these Preliminary Statements are defined in Section 1.01 below). 
 2. The Borrower has requested that
simultaneously with the consummation of the Newport Acquisition, the Lenders extend credit to the Borrower in the form of (a) Term B Loans in an initial aggregate principal amount equal to $246,000,000, and (b) Revolving Credit Commitments
in an initial aggregate principal amount of up to $65,000,000. The Revolving Credit Facility may include one or more Swing Line Loans and one or more Letters of Credit from time to time. 

3. The proceeds of the Term B Loans and the Initial Revolving Borrowing, together with cash of the Borrower, will be used to finance the
Newport Acquisition and the expenses of the transaction and the Refinancing and to consummate the Refinancing. The proceeds of Revolving Credit Loans made after the Closing Date and Letters of Credit will be used for working capital and other
general corporate purposes of the Borrower and its Subsidiaries, including Capital Expenditures and the financing of Permitted Acquisitions. Swing Line Loans will be used for general corporate purposes of the Borrower and its Subsidiaries.

 4. The applicable Lenders have indicated their willingness to lend, and the L/C Issuers have indicated their willingness to
issue Letters of Credit, in each case, on the terms and subject to the conditions set forth herein. 
 In consideration of the
mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 

 ARTICLE I 
 DEFINITIONS AND ACCOUNTING TERMS 
 1.01 Defined Terms. As used in this
Agreement, the following terms shall have the meanings set forth below: 
 “ABRY Fund” means ABRY L.P. II, ABRY
L.P. III, or any investment entity controlled by, controlling, or under common control with ABRY L.P. II and/or ABRY L.P. III. 

“ABRY L.P. II” means ABRY Broadcast Partners II, L.P., a limited partnership organized under the Laws of the State of
Delaware. 
 “ABRY L.P. III” means ABRY Broadcast Partners III, L.P., a limited partnership organized under the
Laws of the State of Delaware. 
 “ABRY Partners” means ABRY Partners LLC, a limited liability company
organized under the Laws of the State of Delaware. 
 “Acceptable Discount” has the meaning specified in
Section 2.05(e)(iii). 
 “Acceptance Date” has the meaning specified in
Section 2.05(e)(ii). 
 “Acquired EBITDA” means, with respect to any Acquired Entity or Business or
any Converted Restricted Subsidiary for any period, the amount for such period of Consolidated EBITDA (determined using the definition of “Consolidated EBITDA” and the other defined terms used therein as if references to the Borrower and
the Restricted Subsidiaries therein were to such Acquired Entity or Business and its Subsidiaries or such Converted Restricted Subsidiary and its Subsidiaries, as the case may be) of such Acquired Entity or Business or such Converted Restricted
Subsidiary, as determined on a consolidated basis for such Acquired Entity or Business or such Converted Restricted Subsidiary. 

“Acquired Entity or Business” has the meaning specified in the definition of the term “Consolidated EBITDA.”

 “Acquisition Agreements” means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and
“Acquisition Agreement” means the applicable agreement in the context used. 
 “Acquisition
Documents” means the Nexstar Acquisition Documents and Mission Acquisition Documents. 
 “Act” has the
meaning specified in Section 10.19. 
 “Additional Lender” has the meaning specified in
Section 2.14(c). 
 “Administrative Agent” means Bank of America in its capacity as administrative
agent under any of the Loan Documents, or any successor administrative agent appointed in accordance with Section 9.06. 

  
 2 

 “Administrative Agent Fee Letter” means the letter agreement, dated
July 18, 2012, among the Borrower, the Mission Borrower, the Parent Guarantors and the Administrative Agent. 

“Administrative Agent’s Office” means the Administrative Agent’s address and, as appropriate, account as set
forth on Schedule 10.02, or such other address or account as the Administrative Agent may from time to time notify the Borrower and the Lenders. 
 “Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent. 

“Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through one or more
intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 
 “Affiliate
Transaction” has the meaning specified in Section 7.08. 
 “Affiliated Debt Fund” means
any Affiliate of the Sponsor (a) that is a bona fide diversified debt fund or other entity 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 in the ordinary course of its business and (b) with respect to which any ABRY Partners equity fund, does not, nor does any ABRY Fund that owns Equity Interests directly or indirectly in
any Nexstar Entity, possess the power to direct or cause the direction of investment policies of such fund. 

“Agents” means, collectively, the Administrative Agent and the Collateral Agent. 

“Aggregate Available Revolving Credit Commitment” means the sum of the Available Revolving Credit Commitments of all
Revolving Credit Lenders. 
 “Aggregate Commitments” means the Commitments of all the Lenders. 

“Agreement” means this Credit Agreement. 
 “Anti-Money Laundering Laws” means any and all laws, judgments, orders, executive orders, decrees, ordinances, rules, regulations, statutes, case law or treaties applicable to a Nexstar
Entity, a Mission Entity or any of their Subsidiaries related to terrorism financing or money laundering, including any applicable provision of the Act and The Currency and Foreign Transactions Reporting Act (also known as the “Bank Secrecy
Act,” 31 U.S.C. §§ 5311-5330 and 12 U.S.C. §§ 1818(s), 1820(b) and 1951-1959). 
 “Applicable
Discount” has the meaning specified in Section 2.05(e)(iii). 
 “Applicable Percentage”
means (a) in respect of the Term B Facility, with respect to any Term B Lender at any time, the percentage (carried out to the ninth decimal place) of the Term B Facility represented by (i) on or prior to the Closing Date,
such Term B Lender’s Term B Commitment at such time, and (ii) thereafter, the principal amount of such Term B Lender’s Term B Loans at such time, (b) in respect of the Revolving Credit Facility, with respect
to any 

  
 3 

 
Revolving Credit Lender at any time, the percentage (carried out to the ninth decimal place) of the Revolving Credit Facility represented by such Revolving Credit Lender’s Revolving Credit
Commitment at such time, subject to adjustment as provided in Section 2.16 and (c) in respect of each Incremental Facility under this Agreement, with respect to any Lender under each such Incremental Facility at any time, the
percentage (carried out to the ninth decimal place) of the aggregate Commitments (or Loans, in the case of Incremental Term Loans) in respect of such Incremental Facility represented by such Lender’s Commitment (or Loans, in the case of
Incremental Term Loans) at such time. If the commitment of each Revolving Credit Lender to make Revolving Credit Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section 8.02, or
if the Revolving Credit Commitments have expired, then the Applicable Percentage of each Revolving Credit Lender in respect of the Revolving Credit Facility shall be determined based on the Applicable Percentage of such Revolving Credit Lender in
respect of the Revolving Credit Facility most recently in effect, giving effect to any subsequent assignments. The initial Applicable Percentage of each Lender in respect of each Facility is set forth opposite the name of such Lender on
Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 
 “Applicable Rate” means (a) in respect of the Revolving Credit Facility, 3.25% per annum for Base Rate Loans and 4.25% per annum for Eurodollar Rate Loans and Letter of
Credit Fees and (b) in respect of the Term B Facility, (i) from the Closing Date to the Term B Loan Applicable Rate Adjustment Date, 2.50% per annum for Base Rate Loans and 3.50% per annum for Eurodollar Rate Loans,
(ii) on the Term B Loan Applicable Rate Adjustment Date, 2.25% for Base Rate Loans and 3.25% per annum for Eurodollar Rate Loans and (iii) after the Term B Loan Applicable Rate Adjustment Date, the applicable percentage per
annum set forth below determined by reference to the Consolidated Total Net Leverage Ratio as set forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 6.02(a): 

Applicable Rate 
  

							
	 Pricing Level
	  	Consolidated Total Net 
Leverage
Ratio	  	Eurodollar
Rate
Loans	  	Base Rate
Loans
	 1
	  	< 4.75:1.00	  	3.25%	  	2.25%
	 2
	  	3 4.75:1.00	  	3.50%	  	2.50%

 Any increase or decrease in the Applicable Rate resulting from a change in the Consolidated Total Net Leverage Ratio
shall become effective as of the first Business Day immediately following the date a Compliance Certificate is delivered pursuant to Section 6.02(a); provided, however, that if a Compliance Certificate is not delivered when due in
accordance with such Section, then, upon the request of the Required Term B Lenders, Pricing Level 2 shall apply in respect of the Term B Facility, in each case as of the first Business Day after the date on which such Compliance Certificate
was required to have been delivered and in each case shall remain in effect until the date on which such Compliance Certificate is delivered. 

  
 4 

 Notwithstanding anything to the contrary contained in this definition, the determination of
the Applicable Rate for any period shall be subject to the provisions of Section 2.10(b). 
 Further,
notwithstanding the foregoing, the Applicable Rate in respect of any tranche of Extended Revolving Credit Commitments or any Extended Term Loans or Revolving Credit Loans made pursuant to any Extended Revolving Credit Commitments shall be the
applicable percentages per annum set forth in the relevant Extension Offer. 
 “Applicable Revolving Credit
Percentage” means with respect to any Revolving Credit Lender at any time, such Revolving Credit Lender’s Applicable Percentage in respect of the Revolving Credit Facility at such time. 

“Applicable Term B Percentage” means with respect to any Term B Lender at any time, such Term B Lender’s Applicable
Percentage in respect of the Term B Facility at such time. 
 “Application Date” has the meaning specified in
Section 2.05(d). 
 “Appropriate Lender” means, at any time, (a) with respect to Commitments
of any Class, Lenders that have Commitments with respect to such Class, (b) with respect to Loans of any Class, the Lenders of such Class, (c) with respect to any Letter of Credit, (i) the relevant L/C Issuer and (ii) if any
Letters of Credit have been issued pursuant to Section 2.03(a), the Revolving Credit Lenders and (d) with respect to the Swing Line Facility, (i) the Swing Line Lender and (ii) if any Swing Line Loans are outstanding
pursuant to Section 2.04(a), the Revolving Credit Lenders. 
 “Approved Fund” means, with respect
to any Lender, any Fund that is administered, advised or managed by (a) such Lender, (b) an Affiliate of such Lender or (c) an entity or an Affiliate of an entity that administers, advises or manages such Lender; provided that
in no event shall an Affiliated Debt Fund be an “Approved Fund” hereunder. 
 “Arranger Fee Letter”
means the letter agreement, dated July 18, 2012, among the Borrower, the Mission Borrower, the Parent Guarantors, the Arrangers and the Initial Lenders. 
 “Arrangers” means, collectively (a) Merrill Lynch, Pierce, Fenner & Smith Incorporated, (b) UBS Securities LLC and (c) RBC Capital Markets in their capacities as
joint lead arrangers and joint book managers. 
 “Asset Swap” has the meaning specified in
Section 7.05(m). 
 “Assignment and Assumption” means an assignment and assumption entered into by
a Lender and an Eligible Assignee (with the consent of any party whose consent is required by Section 10.06(b)), and acknowledged by the Administrative Agent, substantially in the form of Exhibit E or any other form
(including electronic documentation generated by MarkitClear or other electronic platform) approved by the Administrative Agent and the Borrower. 
 “Attorney Costs” means and includes all reasonable fees, expenses and disbursements of any law firm or other external legal counsel. 

  
 5 

 “Attributable Indebtedness” means, on any date, in respect of any
Capitalized Lease of any Person, the capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP. 
 “Auction Manager” means (a) the Administrative Agent (or its designated Affiliate) 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 Discounted Voluntary Prepayment pursuant to Section 2.05(e); provided that the Borrower shall not designate the Administrative Agent or any Affiliate of
the Administrative Agent as the Auction Manager without the written consent of the Administrative Agent or such Affiliate, as applicable (it being understood that the Administrative Agent shall not, nor shall any Affiliate of the Administrative
Agent, be under any obligation to agree to act as the Auction Manager); provided, further, that no Nexstar Entity or Mission Entity, or any Affiliate of any Nexstar Entity or Mission Entity, may act as the Auction Manager. 

“Audited Financial Statements” means the audited consolidated balance sheet of the Ultimate Parent and its Subsidiaries
for the fiscal year ended December 31, 2011, and the related consolidated statements of income or operations, shareholders’ equity and cash flows for such fiscal year of the Ultimate Parent and its Subsidiaries, including the notes
thereto. 
 “Auto-Renewal Letter of Credit” has the meaning specified in Section 2.03(b)(iii).

 “Availability Period” means in respect of the Revolving Credit Facility, the period from and including the
Closing Date to the earliest of (a) the Maturity Date for the Revolving Credit Facility, (b) the date of termination of the Revolving Credit Commitments pursuant to Section 2.06, and (c) the date of termination of the
commitment of each Revolving Credit Lender to make Revolving Credit Loans and of the obligation of the L/C Issuers to make L/C Credit Extensions pursuant to Section 8.02. 

“Available Amount” means, at any time (the “Available Amount Reference Time”), an amount (which shall
not be less than zero) equal to the sum of: 
 (a) $50,000,000; plus 

(b) the cumulative amount of Excess Cash Flow of the Borrower and its Restricted Subsidiaries and the Mission Entities for
all fiscal years completed after the Closing Date (commencing with the first full fiscal year ending after the Closing Date) and prior to the Available Amount Reference Time, minus the portion of such Excess Cash Flow that has been (or is
required to be) applied after the Closing Date and prior to the Available Amount Reference Time to (i) the prepayment of Term Loans in accordance with Section 2.05(b)(i), and (ii) the prepayment of Mission Term Loans in
accordance with Section 2.05(b)(i) of the Mission Credit Agreement; plus 
 (c) the amount of any
capital contributions or Net Cash Proceeds from any Permitted Equity Issuance (or issuance of debt securities that have been converted into or exchanged for Qualified Equity Interests) (other than (i) any Specified Equity Contribution or
(ii) any other capital contributions or equity or debt issuances to the extent utilized in connection with other transactions permitted pursuant to Section 7.03, 

  
 6 

 
7.06 or 7.09, or Section 7.03, 7.06 or 7.09 of the Mission Credit Agreement) received by the Ultimate Parent and the Mission Borrower during the period from and including the
Business Day immediately following the Closing Date through and including the Available Amount Reference Time, but only to the extent (A) such capital contributions or Net Cash Proceeds received by the Ultimate Parent have been contributed by
the Ultimate Parent in cash to the Borrower as common equity on or prior to the Available Amount Reference Time and (B) such capital contributions or Net Cash Proceeds received by the Mission Borrower were received in cash as common equity on
or prior to the Available Amount Reference Time; plus 
 (d) the aggregate amount of Retained Declined
Proceeds retained by the Borrower and Mission Retained Declined Proceeds retained by the Mission Borrower during the period from the Business Day immediately following the Closing Date through the Available Amount Reference Time; plus

 (e) to the extent not already included in the calculation of Consolidated Net Income of the Borrower and its
Restricted Subsidiaries, the aggregate amount of all cash dividends and other cash distributions received by the Borrower or any Restricted Subsidiary or any Mission Entity (without duplication) during the period from the Business Day immediately
following the Closing Date through the Available Amount Reference Time from Investments made using the Available Amount pursuant to Section 7.03(n) or pursuant to Section 7.03(n) of the Mission Credit Agreement in an aggregate
amount not to exceed the amount by which the Available Amount was reduced when making such Investments; plus 
 (f) to the extent not (i) already included in the calculation of Consolidated Net Income of the Borrower and its Restricted Subsidiaries or (ii) used to prepay Term Loans or otherwise applied in
accordance with Section 2.05(b)(ii) or Section 2.05(b)(ii) of the Mission Credit Agreement or (iii) constituting Retained Declined Proceeds or Mission Retained Declined Proceeds, the aggregate amount of all Net Cash Proceeds
received by the Borrower or any Restricted Subsidiary or any Mission Entity (without duplication) during the period from the Business Day immediately following the Closing Date through the Available Amount Reference Time in connection with the sale,
transfer or other disposition of Investments made using the Available Amount pursuant to Section 7.03(n) or Section 7.03(n) of the Mission Credit Agreement in an aggregate amount not to exceed the amount by which the Available
Amount was reduced when making such Investments; plus 
 (g) in the event any Unrestricted Subsidiary has
been re-designated as a Restricted Subsidiary or has been merged, consolidated or amalgamated with or into, or transfers or conveys its assets to, or is liquidated into, the Borrower or a Restricted Subsidiary or a Mission Entity, the fair market
value of the Investments of the Borrower and the Restricted Subsidiaries and the Mission Entities in such Unrestricted Subsidiary at the time of such redesignation, combination or transfer (or of the assets transferred or conveyed, as applicable),
in each case to the extent such Investments correspond to the designation of a Subsidiary as an Unrestricted Subsidiary pursuant to Section 2.18 or Section 2.18 of the Mission Credit Agreement and were originally made using the
Available Amount pursuant to Section 7.03(n) or Section 7.03(n) of the Mission Credit Agreement in an aggregate amount not to exceed the amount by which the Available Amount was reduced when making such Investments; minus

  
 7 

 (h) the aggregate amount of (i) any Investments made pursuant to
Section 7.03(n) and Section 7.03(n) of the Mission Credit Agreement, (ii) any Restricted Payments made pursuant to Section 7.09(j) and Section 7.09(j) of the Mission Credit Agreement and (iii) any payments
made pursuant to Section 7.06(a)(iii) and Section 7.06(a)(iii) of the Mission Credit Agreement, in each case, during the period from the Business Day immediately following the Closing Date through the Available Amount Reference Time
(and, for purposes of this clause (h), without taking account of the intended usage of the Available Amount at such Available Amount Reference Time). 
 “Available Revolving Credit Commitment” means, at any time as to any Lender, an amount equal to the excess, if any, of the amount of the Revolving Credit Commitment of such Lender at such
time, over the Revolving Credit Exposure of such Revolving Credit Lender. 
 “Bank of America” means Bank of
America, N.A. and its successors. 
 “Bankruptcy Code” means Title 11 of the United State Code, as amended, or
any similar federal or state law for the relief of debtors. 
 “Base Rate” means for any day a fluctuating rate
per annum equal to the highest of (a) the Federal Funds Rate plus 1/2 of 1%, (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime rate,” and (c) the
Eurodollar Rate plus 1.00%. The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’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 such prime rate announced by Bank of America shall take effect at the opening of business on the day specified in the public announcement of
such change. 
 “Base Rate Loan” means a Loan that bears interest at a rate based on the Base Rate. 

“Borrower” has the meaning specified in the introductory paragraph to this Agreement. 

“Borrower Honor Date” has the meaning specified in Section 2.03(c)(i). 

“Borrower Materials” has the meaning specified in Section 6.02. 

“Borrowing” means a Revolving Credit Borrowing, a Swing Line Borrowing or a Term Borrowing, as the context may require.

 “Broadcast Licenses” means (a) with respect to the Nexstar Entities, all FCC Licenses granted, assigned
or issued to a Nexstar Entity to construct, own or operate the Stations, together with all extensions, additions and renewals thereto or thereof, and (b) with respect to any Shared Services Party, all FCC Licenses granted, assigned or issued to
such Shared Services Party to construct, own or operate one or more Shared Services Party Stations, together with all extensions, additions and renewals thereto or thereof. 

  
 8 

 “Business Day” means any day other than a Saturday, Sunday or other day on
which commercial banks are authorized to close under the Laws of, or are in fact closed in, the state of New York or the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan, means any
such day that is also a London Banking Day. 
 “Capital Expenditures” means, for any period, the aggregate of,
without duplication, all expenditures (whether paid in cash or accrued as liabilities) by the Borrower and its Restricted Subsidiaries during such period that, in conformity with GAAP, are or are required to be included as additions during such
period to property, plant or equipment reflected in the consolidated balance sheet of the Borrower and its Restricted Subsidiaries. 
 “Capitalized Lease Obligation” means, at the time any determination thereof is to be made, the amount of the liability in respect of a Capitalized Lease that would at such time be
required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) prepared in accordance with GAAP. 
 “Capitalized Leases” means all leases that have been or should be, in accordance with GAAP, recorded as capitalized leases; provided that for all purposes hereunder the amount of
obligations under any Capitalized Lease shall be the amount thereof accounted for as a liability in accordance with GAAP. 

“Cash Collateral Account” means a blocked, non-interest bearing deposit account of one or more of the Loan Parties at
Bank of America in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner satisfactory to the Administrative Agent. 

“Cash Collateralize” means to pledge and deposit with or deliver to the Administrative Agent, for the benefit of one or
more of the Administrative Agent, any relevant L/C Issuer or the Swing Line Lender (as applicable) and the Revolving Credit Lenders, as collateral for L/C Obligations, Swing Line Obligations or obligations of the Revolving Credit Lenders to fund
participations in respect of either thereof (as the context may require), cash or deposit account balances or, if the Administrative Agent and the relevant L/C Issuer or the Swing Line Lender benefiting from such collateral shall agree in their sole
discretion, other credit support, in each case pursuant to documentation in form and substance reasonably satisfactory to (a) the Administrative Agent and (b) such L/C Issuer or Swing Line Lender (as applicable). “Cash
Collateral” shall have a meaning correlative to the foregoing and shall include the proceeds of such cash collateral and other credit support. 
 “Cash Equivalents” means any of the following types of Investments, to the extent owned by the Borrower or any of its Restricted Subsidiaries: 

(a) (i) Dollars or (ii) any other foreign currency held by the Borrower and its Restricted Subsidiaries in the
ordinary course of business; 

  
 9 

 (b) securities issued or directly and fully guaranteed or insured by the
United States or Canadian governments or, in each case, any agency or instrumentality of thereof (provided that the full faith and credit of such country is pledged in support thereof), having maturities of not more than two years from the
date of acquisition; 
 (c) certificates of deposit, time deposits, eurodollar time deposits, overnight bank
deposits or bankers’ acceptances having maturities of not more than one year from the date of acquisition thereof issued by any Lender or by any bank or trust company (1) whose commercial paper is rated at least “A-2” or the
equivalent thereof by S&P or at least “P-2” or the equivalent thereof by Moody’s (or if at the time neither is issuing comparable ratings, then a comparable rating of another Nationally Recognized Statistical Rating Organization)
or (2) (in the event that the bank or trust company does not have commercial paper which is rated) having combined capital and surplus in excess of $100 million; 

(d) repurchase obligations for underlying securities of the types described in clauses (b) and (c) entered into
with any bank meeting the qualifications specified in clause (c) above; 
 (e) commercial paper issued by
any Person organized under the Laws of any state of the United States of America (other than any Nexstar Entity, Mission Entity, other Loan Party or Subsidiary of a Loan Party, or any Affiliate of any Nexstar Entity, Mission Entity or any other Loan
Party) and rated at the time of acquisition thereof at least “A-2” or the equivalent thereof by S&P or “P-2” or the equivalent thereof by Moody’s or carrying an equivalent rating by a Nationally Recognized Statistical
Rating Organization, if both of the two named rating agencies cease publishing ratings of investments or, if no rating is available in respect of the commercial paper, the issuer of which has an equivalent rating in respect of its long-term debt,
and in any case maturing within one year after the date of acquisition thereof; 
 (f) readily marketable direct
obligations issued by any state of the United States of America, any province of Canada or any political subdivision thereof, in each case, having one of the two highest rating categories obtainable from either Moody’s or S&P (or, if at the
time, neither is issuing comparable ratings, then a comparable rating of another Nationally Recognized Statistical Rating Organization) with maturities of not more than two years from the date of acquisition; and 

(g) interests in any investment company, money market or enhanced high yield fund which invests 95% or more of its assets
in instruments of the type specified in clauses (a) through (f) above. 
 “Cash Management Agreement”
means any agreement to provide cash management services, including treasury, depository, overdraft, credit or debit card, electronic funds transfer and other cash management arrangements. 

  
 10 

 “Cash Management Bank” means (a) Bank of America and its Affiliates,
and (b) each other Person that, at the time it enters into a Cash Management Agreement with a Loan Party, is a Lender or an Affiliate of a Lender. 
 “Cash Management Obligations” means obligations owed by any Nexstar Entity to any Cash Management Bank in respect of any Cash Management Agreement and any overdraft and related
liabilities arising from treasury, depository, credit or debit card, purchasing card or cash management services or any automated clearing house transfers of funds. 
 “Casualty Event” means any event that gives rise to the receipt by any of the Nexstar Entities of any insurance proceeds or condemnation awards in respect of any equipment, fixed assets
or real property (including any improvements thereon) to replace or repair such equipment, fixed assets or real property. 

“CERCLA” means the Comprehensive Environmental Response, Compensation and Liability Act of 1980. 

“CERCLIS” means the Comprehensive Environmental Response, Compensation and Liability Information System maintained by
the U.S. Environmental Protection Agency. 
 “Change in Law” means the occurrence, after the date of this
Agreement, of any of the following: (a) the adoption or taking effect of any law, rule, regulation or treaty, (b) any change in any law, rule, regulation or treaty or in the administration, interpretation, implementation or application
thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the
contrary, (i) the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated
by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to
be a “Change in Law,” regardless of the date enacted, adopted or issued. 
 “Change of
Control” means an event or series of events by which: 
 (a) any “person” or “group”
(as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, but excluding any employee benefit plan of such person or its subsidiaries, and any person or entity acting in its capacity as trustee, agent or other
fiduciary or administrator of any such plan) other than one or more Permitted Holders becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Securities Exchange Act of 1934, except that a person or group shall
be deemed to have “beneficial ownership” of all Equity Interests that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage of time (such right, an “option
right”)), directly or indirectly, of more than 35% of the then outstanding Equity Interests of the Ultimate Parent entitled to vote for members of the board of directors or equivalent governing body of the Ultimate Parent on a fully-diluted
basis (and taking into account all such securities that such “person” or “group” has the right to acquire pursuant to any option right); or 

  
 11 

 (b) during any period of 12 consecutive months, a majority of the members of
the board of directors or other equivalent governing body of Ultimate Parent cease to be composed of individuals (i) who were members of that board or equivalent governing body on the first day of such period, (ii) whose election or
nomination to that board or equivalent governing body was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body or
(iii) whose election or nomination to that board or other equivalent governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such election or nomination at least a majority of
that board or equivalent governing body (excluding, in the case of both clause (ii) and clause (iii), any individual whose initial nomination for, or assumption of office as, a member of that board or equivalent governing body occurs as a
result of an actual or threatened solicitation of proxies or consents for the election or removal of one or more directors by any person or group other than a solicitation for the election of one or more directors by or on behalf of the board of
directors), provided that, notwithstanding the foregoing, any change to the board of directors occurring as a direct result of the Sponsor reducing or eliminating its ownership interest in the Ultimate Parent shall not constitute a change of
control under this clause (b); or 
 (c) the adoption of a plan relating to the liquidation or dissolution of the
Borrower; or 
 (d) the sale, lease, transfer, conveyance or other disposition (other than by way of merger,
consolidation or other business combination transaction), in one or a series of related transactions, of all or substantially all of the assets of the Borrower and its Restricted Subsidiaries taken as a whole to a Person other than a Restricted
Subsidiary or one or more Permitted Holders; or 
 (e) the Ultimate Parent shall cease, directly or indirectly,
to own and control legally and beneficially all of the Equity Interests in the Borrower; or 
 (f) a “change
of control” or any comparable term under, and as defined in, any Indenture Documentation shall have occurred. 

“Class” (a) when used with respect to Lenders, refers to whether such Lenders are Revolving Credit Lenders or Term
Lenders, (b) when used with respect to Commitments, refers to whether such Commitments are Revolving Credit Commitments, Term B Commitments, Extended Revolving Credit Commitments, Incremental Revolving Commitments or Commitments in respect of
any Incremental Term Loans and (c) when used with respect to Loans or a Borrowing, refers to whether such Loans, or the Loans comprising such Borrowing, are Revolving Credit Loans, Term B Loans, Extended Term Loans or Incremental Term Loans.
Incremental Term Loans and Extended Term Loans that have different terms and conditions (together with the Commitments in respect thereof) shall be construed to be in different Classes. 

  
 12 

 “Closing Date” means the date that all the conditions precedent in
Section 4.01 are satisfied in accordance with their terms or waived in accordance with Section 10.01 and the Newport Acquisition is consummated. 
 “Code” means the Internal Revenue Code of 1986. 

“Collateral” means all of the “Collateral,” “Security Agreement Collateral,”
“Pledged Collateral” and “Mortgaged Property” referred to in the Security Documents and all of the other property that is or is intended under the terms of the Security Documents to be subject to Liens for the
benefit of the Secured Parties. 
 “Collateral Agent” means Bank of America, in its capacity as collateral
agent under any of the Loan Documents, or any successor collateral agent appointed in accordance with Section 9.06. 

“Collateral and Guarantee Requirement” means, at any time on and after the Closing Date, the requirement that:

 (a) the Collateral Agent shall have received each Security Document required to be delivered on the Closing
Date pursuant to Section 4.01 and Section 4.01 of the Mission Credit Agreement, or to be delivered after the Closing Date pursuant to Section 6.11 or Section 6.14, and Section 6.11 or Section 6.14
of the Mission Credit Agreement, duly executed by each Nexstar Entity and Mission Entity that is a party thereto; 
 (b) all Obligations shall have been unconditionally guaranteed by each Guarantor; 
 (c) the Obligations and the Guaranties shall have been secured pursuant to the Pledge Agreements by a first-priority security interest in all the Equity Interests of (i) the Intermediate Parent,
(ii) the Borrower, (iii) the Mission Borrower and each other Mission Entity and (iv) each of the Restricted Subsidiaries of the Borrower held directly by the Borrower or any Guarantor (and to the extent consistent with the Senior
Second Lien Notes Indenture Documentation, the Senior Second Lien Notes Intercreditor Agreement, and the other Indenture Documentation, other than Equity Interests of any JV Entity if and for so long as the terms of any Contractual Obligation
existing on the Closing Date prohibit the creation of any other Lien on such Equity Interests (or with respect to any JV Entity acquired after the Closing Date, as of the date of such acquisition; provided such Contractual Obligation was not
entered into in connection with or anticipation of such acquisition) (limited, in the case of Equity Interests of any Foreign Subsidiary, to 65% of the issued and outstanding Equity Interests of each such Foreign Subsidiary); 

(d) except to the extent otherwise provided hereunder or under any Security Document, the Obligations and the Guaranties
shall have been secured by a perfected security interest in the United States (other than in the case of mortgages, to the extent such security interest may be perfected by delivering certificated securities, filing personal property financing
statements or making any necessary filings with the United States Patent and Trademark Office or United States Copyright Office) in, and mortgages 

  
 13 

 
on, substantially all tangible and intangible assets of the Intermediate Parent, the Ultimate Parent, the Borrower and each other Guarantor (including, without limitation, accounts receivable,
inventory, equipment, investment property, intellectual property, other general intangibles (including contract rights), intercompany notes, owned real property, leased real property subject to an Existing Mortgage on the Closing Date until the
Senior Second Lien Termination Date, and proceeds of the foregoing), in each case, with the priority required by the Security Documents; provided that security interests in real property shall be limited to the Existing Mortgaged Properties
and to the Material Real Properties acquired on or after the Closing Date; 
 (e) none of the Collateral shall be
subject to any Liens other than Liens permitted by Section 7.01; and 
 (f) the Collateral Agent
shall have received (i) counterparts of a Mortgage with respect to each Material Real Property required to be delivered pursuant to Section 6.11 or Section 6.14, as the case may be, or Section 6.11 or
Section 6.14 of the Mission Credit Agreement, as the case may be, duly executed, acknowledged and delivered by the record owner of, or appropriate party with respect to, such Material Real Property, (ii) a Mortgage Policy insuring the Lien
of each such Mortgage in an amount not to exceed the fair market value of each such Material Real Property (as reasonably determined by the Borrower), (iii) a completed Life of Loan Federal Emergency Management Agency Standard Flood Hazard
Determination with respect to each Mortgaged Property (together with a notice about special flood hazard area status and flood disaster assistance duly executed by the Borrower and each Mission Entity or Nexstar Entity relating thereto) and if any
improvements on any Mortgaged Property are located in an area designated as a “special flood hazard area,” evidence of such flood insurance as may be required under Section 6.11(c)(v) and Section 6.11(c)(v) of the Mission
Credit Agreement, (iv) such other documents and items as may be required under Section 6.11 or Section 6.14, as the case may be, or Section 6.11 or Section 6.14 of the Mission Credit Agreement, as the case may
be, and (v) such existing surveys, existing abstracts, existing appraisals, legal opinions and other documents as the Collateral Agent may reasonably request with respect to any such Material Real Property. 

The foregoing definition shall not require the creation or perfection of pledges of or security interests in, or the obtaining of title
insurance or surveys with respect to, particular assets if and for so long as the Administrative Agent and the Borrower agree in writing that the cost of creating or perfecting such pledges or security interests in such assets or obtaining
title insurance or surveys in respect of such assets shall be excessive in view of the benefits to be obtained by the Lenders therefrom but only if, after the application of Section 2.3 of the Senior Second Lien Notes Intercreditor
Agreement prior to the Senior Second Lien Termination Date (i) such assets are not required to be pledged to secure the Senior Second Lien Notes or (ii) the security interest in such assets is not required to be perfected pursuant to the
Senior Second Lien Notes Indenture Documentation. 
 The Administrative Agent may grant extensions of time for creation or the
perfection of security interests in or the obtaining of title insurance and surveys with respect to particular assets (including extensions beyond the Closing Date for the perfection of security interests in

  
 14 

 
the assets of the Mission Entities and the Nexstar Entities on such date) where it reasonably determines, in consultation with the Borrower, that creation or perfection cannot be accomplished
without undue effort or expense by the time or times at which it would otherwise be required by this Agreement or the Security Documents. 
 Subject to the immediately following paragraph, (a) with respect to leases of real property entered into by any Loan Party or any Restricted Subsidiary thereof on or after the Closing Date, such Loan
Party or Restricted Subsidiary, as applicable, shall not be required to take any action with respect to creation or perfection of security interests with respect to such leases, (b) Liens and the Guarantees required to be granted from time to
time pursuant to the Collateral and Guarantee Requirement shall be subject to exceptions and limitations set forth in the Security Documents and, to the extent appropriate in the applicable jurisdiction, as agreed in writing between the
Administrative Agent and the Borrower, (c) the Collateral and Guarantee Requirement shall not apply to any of the following assets: (i) any Non-Material Real Property or Real Property that is located in a jurisdiction other than the United
States and any leasehold interests in real property other than, prior to the Senior Second Lien Termination Date, leasehold interests subject to Existing Mortgages on the Closing Date, (ii) motor vehicles and other assets subject to
certificates of title to the extent a Lien thereon cannot be perfected by the filing of a UCC financing Statement or equivalent) other than, prior to the Senior Second Lien Termination Date, Material Motor Vehicles pledged prior to the Closing Date,
(iii) investment property and letter of credit rights, in each case acquired after April 19, 2010 with a value of less than $1,000,000 for each such property or right, (iv) any rights or interest in any lease, contract, license
or license agreement covering personal property or real property and/or such assets subject thereto, so long as under the terms of such lease, contract, license or license agreement, or applicable Law with respect thereto, the grant of a
security interest or Lien therein for the benefit of the Secured Parties (1) is prohibited, (2) would give any other party to such lease, contract, license or license agreement, instrument or indenture the right to terminate its
obligations thereunder, or (3) is permitted only with the consent of another party (including, without limitation, any Governmental Authority) (or would render such lease, contract, license or license agreement cancelled, invalid or
unenforceable) and such prohibition has not been or is not waived or the consent of the other party to such lease, contract, license or license agreement has not been or is not otherwise obtained; provided, that, this exclusion shall in no
way be construed to apply if any such prohibition is unenforceable under the UCC or other applicable Law or so as to limit, impair or otherwise affect the unconditional continuing security interests in and Liens for the benefit of the Secured
Parties upon any rights or interests in or to monies due or to become due under any such lease, contract, license or license agreement (including any receivables), (v) any shares of any Foreign Subsidiary other than 65% of all of the issued and
outstanding Equity Interests in any Foreign Subsidiary (other than an Immaterial Subsidiary) directly owned by a Loan Party, and (vi) any application for registration of a trademark filed in the United States Patent and Trademark Office on an
intent to use basis to the extent that the grant of a security interest in any such trademark application would adversely affect the validity or enforceability or result in cancellation or voiding of such trademark application, provided,
however, that such trademark applications shall be considered Collateral upon the filing of a Statement of Use or an Amendment to Allege Use has been filed and accepted in the United States Patent and Trademark Office, (d) no control agreements
shall be required with respect to (i) any Excluded Deposit Accounts or (ii) any deposit account or securities account not subject to a control agreement as of the Closing Date; provided that, upon the request of the Administrative

  
 15 

 
Agent, a control agreement shall be required with respect to (x) any Cash Collateral Account holding Cash Collateral and (y) any escrowed funds held by the Administrative Agent in
connection with the Little Rock Acquisition or another acquisition agreed to by the Borrower and the Administrative Agent, and (e) no action shall be required with respect to any intellectual property that is governed solely by the laws of one
or more jurisdictions other than the United States (nor shall any Loan Party be required to reimburse the Administrative Agent, the Collateral Agent, any Lender or any Secured Party for any costs or expenses incurred in connection with any such
action). 
 Notwithstanding the foregoing provisions of this definition or any other provision in this Agreement or in any other
Loan Document to the contrary, and notwithstanding the various exclusions from the Collateral and Guarantee Requirement set forth herein and the various limitations on rights, benefits and requirements in connection with the collateral set forth in
this Collateral and Guarantee Requirement or in any other provision of this Agreement or any other Loan Document that in each case are not also set forth in the Senior Second Lien Notes Indenture Documentation, the Obligations must at all times be
secured (in each case by a first and prior Lien in such collateral, assets and properties, subject only to Liens permitted by Section 7.01) by all collateral, assets and properties of the Nexstar Entities, the Mission Entities and their
respective Subsidiaries, and the Equity Interests in each of them (other than the Ultimate Parent), that secure the Senior Second Lien Notes (or any obligations thereunder), except as permitted by the terms of Section 1.3 of the Senior Second
Lien Notes Intercreditor Agreement. 
 “Commitment” means a Term B Commitment, a Revolving Credit
Commitment, an Extended Revolving Credit Commitment, Incremental Revolving Commitment or a commitment in respect of any Incremental Term Loans or any combination thereof, as the context may require. 

“Commitment Date” has the meaning specified in Section 2.05(d). 

“Commitment Fee” has the meaning specified in Section 2.09(a). 

“Communications Laws” means the Communications Act of 1934, and any similar or successor federal statute, together with
all published rules, regulations, policies, orders and decisions of the FCC promulgated thereunder. 
 “Compliance
Certificate” means a certificate substantially in the form of Exhibit D, or in any other form agreed to by the Borrower and the Administrative Agent. 
 “Connection Income Taxes” means Other Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 

“Consolidated Depreciation and Amortization Expense” means, for any period, the total amount of depreciation and
amortization expense, including the amortization of deferred financing fees or costs, Capital Expenditures and the amortization of original issue discount resulting from the issuance of Indebtedness at less than par, of the Nexstar Entities for such
period on a consolidated basis and otherwise as determined in accordance with GAAP. 

  
 16 

 “Consolidated EBITDA” means, for any period, the Consolidated Net Income of
the Borrower and its Restricted Subsidiaries for such period: 
 (a) increased (without duplication) by the
following: 
 (i) provision for taxes based on income or profits or capital, including, without limitation,
state, franchise and similar taxes and foreign withholding taxes of the Borrower and its Restricted Subsidiaries paid or accrued during such period deducted (and not added back) in computing Consolidated Net Income; plus 

(ii) Consolidated Interest Expense of the Borrower and its Restricted Subsidiaries for such period (including (A) net
losses or any obligations under any Swap Contracts or other derivative instruments entered into for the purpose of hedging interest rate risk and (B) costs of surety bonds in connection with financing activities), plus amounts excluded from the
definition of “Consolidated Interest Expense” pursuant to clauses (B), (C) and (D) in clause (a) thereof, to the extent the same were deducted (and not added back) in calculating such Consolidated Net Income; plus

 (iii) Consolidated Depreciation and Amortization Expense of the Borrower and its Restricted Subsidiaries for
such period to the extent the same were deducted (and not added back) in computing Consolidated Net Income; plus 
 (iv) any expenses or charges (other than depreciation or amortization charges) related to any equity offering, Investment, acquisition, disposition or recapitalization permitted hereunder or the
incurrence of Indebtedness permitted to be incurred hereunder (including a refinancing thereof) (in each case, whether or not successful), including (A) such fees, expenses or charges related to the Loans, the Senior 67/8% Notes due 2020, the Senior Second Lien Notes, the Mission
Facility, (B) any amendment or other modification of the Loans, the Senior 67/8% Notes due 2020, the Senior Second Lien Notes or the Mission Facility, (C) the Transactions and the Little Rock Acquisition and (D) such costs, fees and expenses in connection with any tender
for or redemption of any Indebtedness, in each case, deducted (and not added back) in computing Consolidated Net Income; plus 
 (v) the amount of any restructuring charge or reserve, integration cost or other business optimization expense or cost associated with establishing new facilities that is deducted (and not added back) in
such period in computing Consolidated Net Income, including any one-time costs incurred in connection with acquisitions (including the Newport Acquisition and the Little Rock Acquisition) on and after the Closing Date, and costs related to the
closure and/or consolidation of facilities; provided that the aggregate amount of cash charges and cash costs that are included in this clause (v) shall not exceed (on a Pro Forma Basis) 10% of Consolidated EBITDA for such period;
plus 

  
 17 

 (vi) any other non-cash charges, write-downs, expenses, losses or items
reducing Consolidated Net Income for such period including any impairment charges or the impact of purchase accounting (excluding any such non-cash charge, write-down or item to the extent it represents an accrual or reserve for a cash expenditure
for a future period) less other non-cash items of income increasing Consolidated Net Income (excluding any such non-cash item of income to the extent it represents a receipt of cash in any future period; plus 

(vii) the amount of net run rate cost savings or any contractual retransmission revenue projected by the Borrower in good
faith to be realized in connection with any Investment, acquisition, disposition, merger, consolidation, reorganization or restructuring (each, a “Specified Arrangement”), taken or initiated prior to or during such period (which
shall be calculated on a pro forma basis as though such cost savings had been realized on the first day of such period), net of the amount of actual benefits realized or expected to be realized prior to or during such period from such actions;
provided that (A) a Responsible Officer of the Borrower shall have certified to the Administrative Agent that (x) such cost savings are reasonably identifiable and factually supportable and (y) such actions have been taken or
will be taken within 12 months of the date of such Specified Arrangement and (B) the aggregate amount of such cost savings that are included in this clause (vii) shall not (1) in the case of any cost savings in connection with
any reorganization or restructuring, exceed $5,000,000 in any four quarter period and (2) in all other cases, exceed 10% of Consolidated EBITDA in any single Specified Arrangement and shall not exceed 20% of Consolidated EBITDA in any four
quarter period; plus 
 (viii) any costs or expense incurred by the Borrower or a Restricted Subsidiary 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 cost or expenses are funded with cash proceeds contributed
to the capital of the Borrower or net cash proceeds of an issuance of Equity Interests of the Borrower (other than Disqualified Equity Interests or any Specified Equity Contribution); plus 

(ix) cash receipts (or any netting arrangements resulting in reduced cash expenditures) not representing Consolidated
EBITDA or Consolidated Net Income in any period to the extent non-cash gains relating to such income were deducted in the calculation of Consolidated EBITDA pursuant to paragraph (b) below for any previous period and not added back;
plus 
 (x) any net loss included in the consolidated financial statements due to the application of
Accounting Standard Codification Topic 810 and related pronouncements (“ASCT 810”); plus 

(xi) realized foreign exchange losses resulting from the impact of foreign currency changes on the valuation of assets or
liabilities on the balance sheet of the Borrower and its Restricted Subsidiaries; plus 

  
 18 

 (xii) net realized losses from Swap Contracts or embedded derivatives that
require similar accounting treatment and the application of Accounting Standard Codification Topic 815 and related pronouncements; 
 (b) decreased (without duplication) by: (i) (x) non-cash gains increasing Consolidated Net Income of the Borrower and its Restricted Subsidiaries for such period, excluding any non-cash gains to the
extent they represent the reversal of an accrual or reserve for a potential cash item that reduced Consolidated EBITDA in any prior period, (y) any non-cash gains with respect to cash actually received in a prior period so long as such
cash did not increase Consolidated EBITDA in such prior period and (z) programming rights payments made during such prior period; plus (ii) realized foreign exchange income or gains resulting from the impact of foreign currency
changes on the valuation of assets or liabilities on the balance sheet of the Borrower and its Restricted Subsidiaries; plus (iii) any net realized income or gains from any obligations under any Swap Contracts or embedded derivatives
that require similar accounting treatment and the application of Accounting Standard Codification Topic 815 and related pronouncements; plus (iv) any net income included in the consolidated financial statements due to the application of
ASCT 810; and 
 (c) increased or decreased (without duplication) by, as applicable, any adjustments resulting
from the application of Accounting Standards Codification Topic 460 or any comparable regulation. 
 There shall be included in
determining Consolidated EBITDA for any period, without duplication, the Acquired EBITDA of any Person, property, business or asset acquired by the Borrower, any Restricted Subsidiary or any Mission Entity during such period (but not the Acquired
EBITDA of any related Person, property, business or assets to the extent not so acquired), or with respect to which the Borrower, any Restricted Subsidiary or any Mission Entity has executed a Sharing Arrangement, to the extent not subsequently
sold, transferred or otherwise disposed of by the Borrower, such Restricted Subsidiary or such Mission Entity during such period (each such Person, property, business or asset acquired or with respect to which a Sharing Arrangement was executed 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). For purposes of determining the
Consolidated Total Net Leverage Ratio, the Consolidated First Lien Leverage Ratio, the Consolidated Total Secured Debt Leverage Ratio, the Consolidated Fixed Charge Coverage Ratio, and the Consolidated First Lien Net Leverage Ratio, 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 or otherwise disposed of, closed or classified as discontinued
operations by the Borrower, any Restricted Subsidiary or any Mission Entity during 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 during such period (each a “Converted Unrestricted Subsidiary”), based on the actual Disposed EBITDA of such Sold Entity or Business or Converted Unrestricted
Subsidiary for such period (including the portion thereof occurring prior to such sale, transfer or disposition). 

  
 19 

 “Consolidated First Lien Leverage Ratio” means, as of any date of
determination, the ratio of (a) the aggregate principal amount of Indebtedness of the Nexstar Entities outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of
Indebtedness resulting from the application of purchase accounting in connection with the Transaction or any Permitted Acquisition), consisting of Indebtedness for borrowed money, obligations in respect of Capitalized Leases and debt obligations
evidenced by promissory notes or similar instruments (other than any portion of any such Indebtedness that is unsecured or is secured solely by a Lien that is expressly subordinated to the Liens securing the Obligations pursuant to an Intercreditor
Agreement); provided that such Indebtedness shall not include (x) Letters of Credit, except to the extent of drawn but unreimbursed amounts thereunder and (y) obligations under Swap Contracts not entered into for speculative
purposes to (b) Consolidated EBITDA for the most recent Test Period. 
 “Consolidated First Lien Net Leverage
Ratio” means, as of any date of determination, the ratio of (a) Consolidated Net Debt (other than any portion of Consolidated Net Debt that is unsecured or is secured solely by a Lien that is expressly subordinated to the Liens
securing the Obligations pursuant to an Intercreditor Agreement) as of such date to (b) Consolidated EBITDA for the most recent Test Period. 
 “Consolidated Fixed Charge Coverage Ratio” means, at any date of determination, the ratio of (a) Consolidated EBITDA for the most recent Test Period to (b) the sum of (without
duplication) (i) Consolidated Interest Expense payable in cash during such Test Period, plus (ii) all scheduled principal payments on the aggregate principal amount of Indebtedness of the Nexstar Entities outstanding during such Test
Period, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in connection with the Transaction or any Permitted Acquisition),
consisting of Indebtedness for borrowed money, obligations in respect of Capitalized Leases and debt obligations evidenced by promissory notes or similar instruments on a consolidated basis, excluding with respect to this subsection (ii) only,
the payment of principal of the Loans due on their respective Maturity Dates, principal payments of Indebtedness for borrowed money but only to the extent they are balloon payments due on the maturity date and any mandatory prepayments plus
(iii) Capital Expenditures of the Nexstar Entities, plus (iv) accrued current net income tax expense for the Nexstar Entities (other than any such expense paid or payable during such period with respect to extraordinary or nonrecurring
gains) on a consolidated basis, in each case for the most recent Test Period. 
 “Consolidated Interest
Expense” means, for any period, without duplication, the sum of: 
 (a) consolidated interest expense of
the Nexstar Entities for such period, to the extent such expense was deducted (and not added back) in computing Consolidated Net Income (including (i) amortization of original issue discount resulting from the issuance of Indebtedness at less
than par, (ii) all commissions, discounts and other fees and charges owed with respect to letters of credit or bankers acceptances, (iii) non-cash interest payments (but excluding any non-cash interest expense attributable to the

  
 20 

 
movement in the mark to market valuation of any obligations under any Swap Contracts or other derivative instruments pursuant to GAAP), (iv) the interest component of Capitalized Lease
Obligations, and (v) net payments, if any, pursuant to interest rate obligations under any Swap Contracts with respect to Indebtedness; and excluding (A) accretion or accrual of discounted liabilities other than Indebtedness,
(B) any expense resulting from the discounting of any Indebtedness in connection with the application of purchase accounting in connection with any acquisition, (C) amortization of deferred financing fees, debt issuance costs, commissions,
fees and expenses, (D) any expensing of bridge, commitment and other financing fees and any costs or expenses in connection with any amendment or modification of Indebtedness (whether or not consummated) and (E) interest with respect to
Indebtedness of the Intermediate Parent or the Ultimate Parent appearing upon the balance sheet of the Borrower solely by reason of push-down accounting under GAAP); plus 

(b) consolidated capitalized interest of the Borrower and its Restricted Subsidiaries for such period, whether paid or
accrued; less 
 (c) interest income for such period. 

For purposes of this definition, interest on a Capitalized Lease Obligation shall be deemed to accrue at an interest rate reasonably determined by the
Borrower to be the rate of interest implicit in such Capitalized Lease Obligation in accordance with GAAP. 

“Consolidated Net Debt” means, as of any date of determination, (a) the aggregate principal amount of Indebtedness
of the Nexstar Entities outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of Indebtedness resulting from the application of purchase accounting in connection with the
Transaction or any Permitted Acquisition), consisting of Indebtedness for borrowed money, obligations in respect of Capitalized Leases and debt obligations evidenced by promissory notes or similar instruments minus (b) Qualifying Balances on
such date; provided that Consolidated Net Debt shall not include (x) Letters of Credit, except to the extent of drawn but unreimbursed amounts thereunder and (y) obligations under Swap Contracts not entered into for speculative
purposes. 
 “Consolidated Net Income” means, for any period, the net income (loss) of the Borrower and its
Restricted Subsidiaries for such period determined on a consolidated basis in accordance with GAAP; provided, however, that there will not be included in such Consolidated Net Income: 

(a) subject to the limitations contained in clause (c) below, any net income (loss) of any Person if such
Person is not a Restricted Subsidiary, except that the Borrower’s equity in the net income of any such Person for such period will be included in such Consolidated Net Income up to the aggregate amount of cash or Cash Equivalents
actually distributed by such Person during such period to the Borrower or a Restricted Subsidiary as a dividend or other distribution or return on investment (subject, in the case of a dividend or other distribution or return on investment to a
Restricted Subsidiary, to the limitations contained in clause (b) below); 

  
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 (b) solely for the purpose of determining the Available Amount, any net
income (loss) of any Restricted Subsidiary (other than Guarantors) if such Subsidiary is subject to restrictions, directly or indirectly, on the payment of dividends or the making of distributions by such Restricted Subsidiary, directly or
indirectly, to the Borrower or a Guarantor by operation of the terms of such Restricted Subsidiary’s charter or any agreement, instrument, judgment, decree, order, statute or governmental rule or regulation applicable to such Restricted
Subsidiary or its shareholders (other than (i) restrictions that have been waived or otherwise released and (ii) restrictions pursuant to the Loan Documents, the Mission Loan Documents or any Indenture Documentation), except that
the Borrower’s equity in the net income of any such Restricted Subsidiary for such period will be included in such Consolidated Net Income up to the aggregate amount of cash or Cash Equivalents actually distributed or that could have been
distributed by such Restricted Subsidiary during such period to the Borrower or another Restricted Subsidiary as a dividend or other distribution (subject, in the case of a dividend to another Restricted Subsidiary, to the limitation contained in
this clause); 
 (c) any net gain (or loss) realized upon the sale or other disposition of any asset or disposed
operations of the Borrower or any Restricted Subsidiaries (including pursuant to any sale/leaseback transaction) which is not sold or otherwise disposed of in the ordinary course of business (as determined in good faith by a Responsible Officer or
the board of directors of the Borrower); 
 (d) any extraordinary, exceptional, unusual or nonrecurring gain,
loss, charge or expense or any charges, expenses or reserves in respect of any restructuring, redundancy or severance expense; 
 (e) the cumulative effect of a change in accounting principles; 

(f) any (i) non-cash compensation charge or expense arising from any grant of stock, stock options or other equity
based awards and any non-cash deemed finance charges in respect of any pension liabilities or other provisions and (ii) income (loss) attributable to deferred compensation plans or trusts; 

(g) all deferred financing costs written off and premiums paid or other expenses incurred directly in connection with any
early extinguishment of Indebtedness and any net gain (loss) from any write-off or forgiveness of Indebtedness; 

(h) any unrealized gains or losses in respect of any obligations under any Swap Contracts or any ineffectiveness
recognized in earnings related to qualifying hedge transactions or the fair value of changes therein recognized in earnings for derivatives that do not qualify as hedge transactions, in each case, in respect of any obligations under any Swap
Contracts; 
 (i) any unrealized foreign currency transaction gains or losses in respect of Indebtedness of any
of the Borrower or any Restricted Subsidiary denominated in a currency other than the functional currency of the Borrower or any Restricted Subsidiary and any unrealized foreign exchange gains or losses relating to translation of assets and
liabilities denominated in foreign currencies; 

  
 22 

 (j) any unrealized foreign currency translation or transaction gains or
losses in respect of Indebtedness or other obligations of the Borrower or any Restricted Subsidiary owing to the Borrower or any Restricted Subsidiary; 
 (k) any purchase accounting effects including, but not limited to, adjustments to inventory, property and equipment, software and other 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 any consummated acquisition, or the amortization or write-off of
any amounts thereof (including any write-off of in process research and development); 
 (l) any goodwill or
other intangible asset impairment charge or write-off; 
 (m) any after-tax effect of income (loss) from the
early extinguishment or cancellation of Indebtedness or any obligations under any Swap Contracts or other derivative instruments; 
 (n) accruals and reserves that are established within twelve months after the Closing Date that are so required to be established as a result of the Transaction in accordance with GAAP; and 

(p) any net unrealized gains and losses resulting from Swap Contracts or embedded derivatives that require similar
accounting treatment and the application of Accounting Standards Codification Topic 815 and related pronouncements shall be excluded. 
 In
addition, to the extent not already included in the Consolidated Net Income of the Borrower and its Restricted Subsidiaries, notwithstanding anything to the contrary in the foregoing, Consolidated Net Income shall include (i) any expenses and
charges that are reimbursed by indemnification or other reimbursement provisions in connection with any investment or any sale, conveyance, transfer or other disposition of assets permitted hereunder or under any other agreement providing for
reimbursement of such expense and (ii) 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. 
 “Consolidated Total Net Leverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated Net Debt as of such date to (b) Consolidated EBITDA for the most
recent Test Period. 

  
 23 

 “Consolidated Total Secured Debt Leverage Ratio” means, as of any date of
determination, the ratio of (a) the aggregate principal amount of Indebtedness of the Nexstar Entities outstanding on such date, determined on a consolidated basis in accordance with GAAP (but excluding the effects of any discounting of
Indebtedness resulting from the application of purchase accounting in connection with the Transaction or any Permitted Acquisition), consisting of Indebtedness for borrowed money, obligations in respect of Capitalized Leases and debt obligations
evidenced by promissory notes or similar instruments on such date of determination (other than any portion of such Indebtedness that is unsecured); provided that such Indebtedness shall not include (x) Letters of Credit, except to the
extent of drawn but unreimbursed amounts thereunder and (y) obligations under Swap Contracts not entered into for speculative purposes. to (b) Consolidated EBITDA for the most recent Test Period. 

“Contract Consideration” has the meaning specified in the definition of “Excess Cash Flow.” 

“Contractual Obligation” means, as to any Person, any provision of any security issued by such Person or of any
agreement, instrument or other undertaking to which such Person is a party or by which it or any of its property is bound. 

“Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management
or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings correlative thereto. 

“Converted Restricted Subsidiary” has the meaning specified in the definition of “Consolidated EBITDA.”

 “Converted Unrestricted Subsidiary” has the meaning specified in the definition of “Consolidated
EBITDA.” 
 “Credit Extension” means each of the following: (a) a Borrowing and (b) an L/C
Credit Extension. 
 “Cure Period” has the meaning specified in Section 8.05(a). 

“Debtor Relief Laws” means the Bankruptcy Code, and all other liquidation, conservatorship, bankruptcy, assignment for
the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors
generally. 
 “Declined Proceeds” has the meaning specified in Section 2.05(b)(v). 

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

  
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 “Default Rate” means an interest rate equal to, with respect to any overdue
amount (other than overdue principal), (a) the Base Rate plus (b) the Applicable Rate applicable to Base Rate Loans under the Term B Facility plus (c) 2% per annum; provided, however, that with respect to overdue
principal, the Default Rate shall be an interest rate equal to the interest rate (including the relevant Applicable Rate) otherwise applicable to such Loan plus 2% per annum, in each case to the fullest extent permitted by applicable Law.

 “Defaulting Lender” means, subject to Section 2.16(b), any Lender that (a) has failed to
(i) fund all or any portion of its Loans within two Business Days of the date such Loans were required to be funded hereunder or (ii) pay to the Administrative Agent, any L/C Issuer, the Swing Line Lender or any other Lender any other
amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swing Line Loans) within two Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent, the L/C
Issuers or the Swing Line Lender in writing that it does not intend to comply with its funding obligations hereunder or under other agreements in which it commits to extend credit, or has made a public statement to that effect, (c) has failed,
within three Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided
that such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that
has, (i) become the subject of a proceeding under any Debtor Relief Law, or (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with
reorganization or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity; provided that a Lender shall not be a Defaulting Lender
solely by virtue of the ownership or acquisition of any Equity Interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender
with immunity from the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any
contracts or agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above, and of the effective date of such
status, shall be conclusive and binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.16(b)) as of the date established therefor by the Administrative Agent in a written notice of
such determination, which shall be delivered by the Administrative Agent to the Borrower, the L/C Issuers, the Swing Line Lender and each other Lender promptly following such determination. 

“Designated Jurisdiction” means any country or territory to the extent that such country or territory itself is the
subject of any Sanction. 
 “Designated Non-Cash Consideration” means the fair market value of non-cash
consideration received by the Borrower or a Restricted Subsidiary in connection with a Disposition pursuant to Section 7.05(n), or by a Mission Entity in connection with a disposition pursuant to Section 7.05(n) of the Mission
Credit Agreement, as applicable, that in each case is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower or the Mission Borrower, as applicable, 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 within 180 days following the consummation of the applicable Disposition). 

  
 25 

 “Discount Range” has the meaning specified in
Section 2.05(e)(ii). 
 “Discounted Prepayment Option Notice” has the meaning specified in
Section 2.05(e)(ii). 
 “Discounted Voluntary Prepayment” has the meaning specified in
Section 2.05(e)(i). 
 “Discounted Voluntary Prepayment Notice” has the meaning specified in
Section 2.05(e)(v). 
 “Disinterested Director” means, with respect to any Affiliate Transaction, a
member of the Board of Directors of the Ultimate Parent having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of the Board of Directors of the Ultimate Parent shall be deemed not to have
such a financial interest by reason of such member’s holding Equity Interest of the Ultimate Parent or any options, warrants or other rights in respect of such Equity Interests. 

“Disposed EBITDA” means, 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 such Converted Unrestricted Subsidiary, all as determined on a consolidated basis for such Sold Entity or Business or such Converted Unrestricted
Subsidiary. 
 “Disposition” or “Dispose” means the sale, transfer, license, lease or other
disposition (including, pursuant to any Sale Leaseback or any issuance or sale of Equity Interests or as a result of the entry into an agreement or arrangement alienating, relinquishing, surrendering or otherwise transferring the right to use all or
a material portion of the spectrum associated with any Broadcast License (including pursuant to an auction of such spectrum, conducted by a Governmental Authority)) of any property by any Person, including any sale, assignment, transfer or other
disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith, including but not limited to dispositions pursuant to any Station Sharing Arrangement or other similar arrangement;
provided that “Disposition” and “Dispose” shall not be deemed to include any issuance by the Ultimate Parent of any of its respective Equity Interests to another Person. 

“Disqualified Equity Interests” means any Equity Interest which, by its terms (or by the terms of any security or other
Equity Interests 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 (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment
in full of the Loans and all other Obligations under the Loan Documents that are accrued and payable and the termination of the Commitments and all outstanding Letters of Credit), (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 the scheduled payments of dividends in cash, or (d) is or becomes convertible into or exchangeable for Indebtedness or any other Equity Interests that would
constitute Disqualified Equity Interests, in each case, prior to the date that is 91 days after the Maturity Date of the Term B Loans. 

  
 26 

 “Disqualified Lender” means such Persons that were specifically disclosed
in writing to the Arrangers on July 18, 2012 as being “Disqualified Lenders” and approved by the Arrangers. 

“Documentation Agent” means RBC Capital Markets in its capacity as Documentation Agent under this Agreement. 

“Dollar” and “$” mean lawful money of the United States. 

“Domestic Cash Equivalents” means 

(a) Dollars; 
 (b) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality of thereof (provided that the full faith and credit of such
government is pledged in support thereof), having maturities of not more than two years from the date of acquisition; 
 (c) certificates of deposit, time deposits, eurodollar time deposits, overnight bank deposits or bankers’ acceptances having maturities of not more than one year from the date of acquisition thereof
issued by any Lender or by any bank or trust company (1) organized under the laws of the United States of America, any state thereof or the District of Columbia or is the principal banking subsidiary of a bank holding company organized under
the laws of the United States of America, any state thereof or the District of Columbia, and is a member of the Federal Reserve System, (2) whose commercial paper is rated at least “A-2” or the equivalent thereof by S&P or at
least “P-2” or the equivalent thereof by Moody’s (or at the time neither is issuing comparable ratings, then a comparable rating of another Nationally Recognized Statistical Rating Organization) or (3) (in the event that the bank
or trust company does not have commercial paper which is rated) having combined capital and surplus in excess of $100 million; 
 (d) repurchase obligations for underlying securities of the types described in clauses (b) and (c) entered into with any bank meeting the qualifications specified in clause (c) above;

 (e) commercial paper issued by any Person organized under the Laws of any state of the United States of
America (other than any Nexstar Entity, Mission Entity, other Loan Party or Subsidiary of a Loan Party, or any Affiliate of any Nexstar Entity, Mission Entity or any other Loan Party) and rated at the time of acquisition thereof at least
“A-2” or the equivalent thereof by S&P or “P-2” or the equivalent thereof by Moody’s or carrying an equivalent rating by a Nationally Recognized Statistical Rating Organization, if both of the two named rating agencies
cease publishing ratings of investments or, if no rating is available in respect of the commercial paper, the issuer of which has an equivalent rating in respect of its long-term debt, and in any case maturing within one year after the date of
acquisition thereof; 

  
 27 

 (f) readily marketable direct obligations issued by any state of the United
States of America or any political subdivision thereof, in each case, having one of the two highest rating categories obtainable from either Moody’s or S&P (or, if at the time, neither is issuing comparable ratings, then a comparable rating
of another Nationally Recognized Statistical Rating Organization) with maturities of not more than two years from the date of acquisition; and 
 (g) interests in any investment company, money market or enhanced high yield fund which invests 95% or more of its assets in instruments of the type specified in clauses (a) through (f) above.

 “Domestic Subsidiary” means any Subsidiary that is organized under the laws of any political subdivision of
the United States. 
 “EBITDA Percentage” means, as of the date of the consummation of any sale, disposition or
exchange of assets (or Equity Interests) by any of the Nexstar Entities or Mission Entities, the ratio, expressed as a percentage, obtained by dividing (a) the portion of Consolidated EBITDA attributable to such assets (or Equity Interests) of
such Person for the most recent Test Period calculated on a Pro Forma Basis, such date by (b) Consolidated EBITDA for such Test Period, calculated on a Pro Forma Basis. 
 “ECF Percentage” has the meaning specified in Section 2.05(b)(i). 
 “Eligible Assignee” means any Person that meets the requirements to be an assignee under Section 10.06(b)(iii) and (v) (subject to such consents, if any, as may be
required under Section 10.06(b)(iii)). 
 “Embargoed Person” means any party that is publicly
identified on the most current list of “Specially Designated Nationals and Blocked Persons” published by OFAC. 

“Environmental Laws” means any and all Federal, state, local, and foreign statutes, laws, regulations, ordinances,
binding rules, judgments, orders, decrees, permits, licenses, or governmental restrictions relating to pollution, the protection of the environment or the release of any Hazardous Materials into the environment, including those related to hazardous
substances or wastes, air emissions and discharges to waste or public systems. 
 “Environmental Liability”
means any liability, contingent or otherwise (including any liability for damages, costs of environmental remediation, fines, penalties or indemnities), of any Loan Party or any of its respective Subsidiaries directly or indirectly resulting from or
based upon (a) violation of any Environmental Law, (b) the generation, use, handling, transportation, storage, treatment or disposal of any Hazardous Materials, (c) exposure of any Person to any Hazardous Materials, (d) the
release or threatened release of any Hazardous Materials into the environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 

“Environmental Permit” means any permit, approval, identification number, license or other authorization required
under any Environmental Law. 

  
 28 

 “Equity Interests” means, with respect to any Person, all of the shares of
capital stock of (or other ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such
Person, all of the securities convertible into or exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or
such other interests), and all of the other ownership or profit interests in such Person (including partnership, member or trust interests therein), whether voting or nonvoting, and whether or not such shares, warrants, options, rights or other
interests are outstanding on any date of determination. 
 “ERISA” means the Employee Retirement Income
Security Act of 1974, as amended from time to time. 
 “ERISA Affiliate” means any trade or business (whether
or not incorporated) under common control with the Borrower within the meaning of Section 414(b) or (c) of the Code (and Sections 414(m) and (o) of the Code for purposes of provisions relating to Section 412 of the Code).

 “ERISA Event” means (a) a Reportable Event with respect to a Pension Plan, (b) the withdrawal by
any Loan Party or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which it was a “substantial employer” as defined in Section 4001(a)(2) of ERISA or a cessation of operations that is
treated as such a withdrawal under Section 4062(e) of ERISA, (c) complete or partial withdrawal by any Loan Party or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization, (d) the
filing of a notice of intent to terminate, the treatment of a Pension Plan amendment as a termination under Section 4041 or 4041A of ERISA, (e) the institution by the PBGC of proceedings to terminate a Pension Plan, (f) any event or
condition which constitutes grounds under Section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Pension Plan, (g) the determination that any Pension Plan is considered an at-risk plan or a
Multiemployer Plan is in endangered or critical status within the meaning of Sections 430, 431 and 432 of the Code or Sections 303, 304 and 305 of ERISA, or (h) the imposition of any liability under Title IV of ERISA, other than
for PBGC premiums due but not delinquent under Section 4007 of ERISA, upon the Borrower or any ERISA Affiliate. 

“Eurodollar Rate” means: 
 (a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to (i) the British Bankers Association LIBOR Rate or the successor thereto if the British Bankers
Association is no longer making a LIBOR rate available (“LIBOR”), as published by Reuters (or such other commercially available source providing quotations of LIBOR as may be designated by the Administrative Agent from time to time) at
approximately 11:00 a.m., London time, two London Banking Days prior to the commencement of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period or
(ii) if such rate is not available at such time for any reason, 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 Eurodollar Rate Loan being made, continued or converted and with a term equivalent to such 

  
 29 

 
Interest Period would be offered by Bank of America’s London Branch (or other Bank of America branch or Affiliate) to major banks in the London or other offshore interbank eurodollar market
at their request at approximately 11:00 a.m. (London time), two London Banking Days prior to the commencement of such Interest Period; and 
 (b) for any interest calculation with respect to a Base Rate Loan on any date, the rate per annum equal to (i) LIBOR, at approximately 11:00 a.m., London time determined two London Banking Days prior
to such date for Dollar deposits being delivered in the London interbank market for a term of one month commencing that day or (ii) if such published rate is not available at such time for any reason, the rate per annum determined by the
Administrative Agent to be the rate at which deposits in Dollars for delivery on the date of determination in same day funds in the approximate amount of the Base Rate Loan being made or maintained and with a term equal to one month would be offered
by Bank of America’s London Branch (or other Bank of America branch or Affiliate) to major banks in the London or other offshore interbank Eurodollar market at their request at the date and time of determination; 

provided that in respect of any Term B Loans that are (A) Eurodollar Rate Loans or (B) Base Rate Loans the interest rate
on which is determined by reference to the Eurodollar Rate component of the Base Rate, the Eurodollar Rate shall be at all times not less than 1.00%. 
 “Eurodollar Rate Loan” means a Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.” 

“Event of Default” has the meaning specified in Section 8.01. 

“Excess Cash Flow” means, 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 (including depreciation and amortization) to the extent
deducted in arriving at such Consolidated Net Income; 
 (iii) an amount equal to the aggregate net non-cash loss
on Dispositions by the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities during such period (other than Dispositions in the ordinary course of business) to the extent deducted in arriving at such 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 included in clauses (a) through (e) of the definition of Consolidated Net Income; 

  
 30 

 (ii) without duplication of amounts deducted pursuant to
clause (x) below in prior fiscal years, the amount of Capital Expenditures made in cash during such period, to the extent that such Capital Expenditures or acquisitions were financed with internally generated cash flow of the
Borrower, its Restricted Subsidiaries or, without duplication, the Mission Entities; 
 (iii) the aggregate
amount of all principal payments of Indebtedness of the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities (including (A) the principal component of payments in respect of Capitalized Leases and (B) the
amount of repayments of Term Loans and Mission Term Loans pursuant to Section 2.07(a) and Section 2.07(a) of the Mission Credit Agreement and any mandatory prepayment of Term Loans and Mission Term Loans pursuant to
Section 2.05(b) and Section 2.05(b) of the Mission Credit Agreement to the extent required due to a Disposition that resulted in an increase to such Consolidated Net Income and not in excess of the amount of such increase but
excluding (1) all other prepayments of Term Loans and Mission Term Loans, (2) all prepayments under the Revolving Credit Facility and the Mission Revolving Credit Facility and (3) all prepayments in respect of any other
revolving credit facility, except, in the case of clause (3), to the extent there is an equivalent permanent reduction in commitments thereunder) made during such period, except to the extent financed with the proceeds of
the incurrence or the issuance of other Indebtedness of the Borrower, its Restricted Subsidiaries or the Mission Entities or with the proceeds from the issuance of Equity Interests; 

(iv) an amount equal to the aggregate net non-cash gain on Dispositions by the Borrower, its Restricted Subsidiaries and,
without duplication, the Mission Entities during such period (other than Dispositions in the ordinary course of business) to the extent included in arriving at such Consolidated Net Income; 

(v) cash payments by the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities during such
period in respect of long-term liabilities of the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities other than Indebtedness; 
 (vi) the amount of Investments made pursuant to Section 7.03(j) or Section 7.03(j) of the Mission Credit Agreement during such period to the extent that such Investments were financed
with internally generated cash flow of the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities; 
 (vii) the amount of Investments made pursuant to Section 7.03(n) and Section 7.03(w) and Section 7.03(n) and Section 7.03(w) of the Mission Credit Agreement, the amount
of Restricted Payments paid during such period pursuant to Section 7.09(j) and Section 7.09(j) of the Mission Credit Agreement and the amount of payments made during such period pursuant to Section 7.06(a)(iii) and
Section 7.06(a)(iii) of the Mission Credit Agreement, in each case during such 

  
 31 

 
period to the extent that such Investments and payments were financed with internally generated cash flow of the Borrower, its Restricted Subsidiaries and, without duplication, the Mission
Entities (as applicable); provided that the aggregate amount of all deductions from Excess Cash Flow pursuant to this clause (vii) since the Closing Date shall not exceed $50,000,000; 

(viii) the aggregate amount of any premium, make-whole or penalty payments actually paid in cash by the Borrower, its
Restricted Subsidiaries and, without duplication, the Mission Entities during such period that are required to be made in connection with any prepayment of Indebtedness; 

(ix) the aggregate amount of expenditures actually made by the Borrower, its Restricted Subsidiaries and, without
duplication, the Mission Entities in cash during such period (including expenditures for the payment of financing fees) to the extent that such expenditures are not expensed during such period; 

(x) without duplication of amounts deducted from Excess Cash Flow in prior periods, the aggregate consideration required
to be paid in cash by the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities pursuant to binding contracts (the “Contract Consideration”) entered into prior to or during such period relating to
Investments (including earnouts) made pursuant to Sections 7.03(j) or (n) or Sections 7.03(j) or (n) of the Mission Credit Agreement or Capital Expenditures, in each case to be consummated or made during the period
of four consecutive fiscal quarters of the Borrower following the end of such period to the extent intended to be financed with internally generated cash flow of the Borrower, its Restricted Subsidiaries and, without duplication, the Mission
Entities; provided that to the extent the aggregate amount utilized to finance such Investments or Capital Expenditures during such period of four consecutive fiscal quarters is less than the Contract Consideration, the amount of such
shortfall, less the amount financed other than through internally generated cash flow of the Borrower, its Restricted Subsidiaries and, without duplication, the Mission Entities, shall be added to the calculation of Excess Cash Flow at the
end of such period of four consecutive fiscal quarters; and 
 (xi) the amount of cash Taxes paid or tax reserves
set aside or payable (without duplication) in such period to the extent they exceed the amount of tax expense deducted in determining Consolidated Net Income for such period. 
 “Excluded Deposit Accounts” means, collectively, (a) on the Closing Date, those deposit accounts set forth on Schedule N to the Nexstar Security Agreement established for
(i) payroll, (ii) health benefits and (iii) disbursement accounts solely related to the accounts identified in clauses (i) and (ii) preceding, (b) payroll and employee benefit accounts and accounts held
solely in a fiduciary capacity for an unrelated third party that is not (i) a Nexstar Entity, (ii) a Mission Entity or (iii) an Affiliate of a Nexstar Entity or a Mission Entity, or disbursement accounts solely related thereto, and
(c) any deposit account held in the name of any Nexstar Entity or any Mission Entity that, when aggregated with the amounts on deposit in all other deposit accounts 

  
 32 

 
held in the name of Nexstar Entities and Mission Entities for which a control agreement has not been obtained (other than those in clauses (a) and (b)), do not exceed $500,000,
provided however, “Excluded Deposit Accounts” shall not include (x) any Cash Collateral Account holding Cash Collateral and (y) any escrowed funds held by the Administrative Agent in connection with the Little Rock
Acquisition. 
 “Excluded Real Property” means, collectively, the real property that currently houses the
operations of the WPTY station, the ABC affiliate in Memphis, Tennessee, and the WLMT station, the CW affiliate in Memphis, Tennessee. 
 “Excluded Subsidiary” means (a) any Immaterial Subsidiary, (b) any Foreign Subsidiary and (c) any Unrestricted Subsidiary. 

“Excluded Taxes” means any of the following Taxes imposed on or with respect to any Recipient or required to be withheld
or deducted from a payment to a Recipient: (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized under the
Laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the case of a
Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender acquires such
interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 10.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to
Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it changed its
Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA. 

“Existing Credit Agreement” means that certain Fourth Amended and Restated Credit Agreement dated as of
April 1, 2005, among the Borrower, the Ultimate Parent, the Intermediate Parent, Bank of America, as administrative agent, and lenders party thereto from time to time, as amended. 

“Existing Indebtedness” means Indebtedness for borrowed money of each of the Borrower and its Restricted
Subsidiaries outstanding immediately prior to the Closing Date. 
 “Existing Mission Credit
Agreement” means that certain Third Amended and Restated Credit Agreement dated as of April 1, 2005, among the Mission Borrower, Bank of America, as administrative agent, and lenders party thereto from time to time, as amended.

 “Existing Mortgaged Properties” has the meaning specified in Section 5.07(b). 

“Existing Mortgage Policies” means the Mortgage Policies issued in connection with the Existing Credit Agreement with
respect to the Existing Mortgages. 

  
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 “Existing Mortgages” means the Mortgages executed and delivered in
connection with the Existing Credit Agreement. 
 “Extended Revolving Credit Commitment” has the meaning
specified in Section 2.15(a). 
 “Extended Term Loans” has the meaning specified in
Section 2.15(a). 
 “Extending Revolving Credit Lender” has the meaning specified in
Section 2.15(a). 
 “Extending Term Lender” has the meaning specified in
Section 2.15(a). 
 “Extension” has the meaning specified in Section 2.15(a).

 “Extension Offer” has the meaning specified in Section 2.15(a). 

“Facility” means the Term B Facility or the Revolving Credit Facility, as the context may require, and
“Facilities” means both the Term B Facility and the Revolving Credit Facility. 
 “FASB
ASC” means the Accounting Standards Codification of the Financial Accounting Standards Board. 

“FATCA” means Sections 1471 through 1474 of the Code, as of the date of this Agreement (or any amended or successor
version), any current or future regulations or official interpretations thereof and any agreements entered into pursuant to Section 1471 (b)(1) of the Code. 
 “FCC” means the Federal Communications Commission or any Governmental Authority substituted therefor. 
 “FCC Licenses” means a License issued or granted by the FCC. 

“Federal Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight
Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers on such day, as published by the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if
such day is not a Business Day, the Federal Funds Rate for such day shall be such rate on such transactions on the next 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 Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as determined by the
Administrative Agent. 
 “Fee Letters” means, collectively, (a) the Arranger Fee Letter and (b) the
Administrative Agent Fee Letter. 
 “Financial Covenants” means the covenants set forth in
Section 7.10. 

  
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 “Flood Insurance Laws” means, collectively, (a) the National Flood
Insurance Act of 1968 as now or hereafter in effect or any successor statute thereto, (b) the Flood Disaster Protection Act of 1973 as now or hereafter in effect or any successor statue thereto, (c) the National Flood Insurance Reform Act
of 1994 as now or hereafter in effect or any successor statute thereto and (d) the Flood Insurance Reform Act of 2004 as now or hereafter in effect or any successor statute thereto. 

“Foreign Lender” means (a) if the Borrower is a U.S. Person, a Lender that is not a U.S. Person, and (b) if
the Borrower is not a U.S. Person, a Lender that is resident or organized under the Laws of a jurisdiction other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United States, each State thereof and
the District of Columbia shall be deemed to constitute a single jurisdiction. 
 “Foreign Subsidiary” means any
Subsidiary that is not a Domestic Subsidiary. 
 “FRB” means the Board of Governors of the Federal Reserve
System of the United States. 
 “Fronting Exposure” means, at any time there is a Defaulting Lender,
(a) with respect to an L/C Issuer, such Defaulting Lender’s Applicable Revolving Credit Percentage of the outstanding L/C Obligations owing to such L/C Issuer other than L/C Obligations as to which such Defaulting Lender’s
participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swing Line Lender, such Defaulting Lender’s Applicable Revolving Credit Percentage of
Swing Line Loans other than Swing Line Loans as to which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. 

“Fronting Fee” has the meaning specified in Section 2.03(i). 

“Fund” means any Person (other than a natural Person) that is (or will be) engaged in making, purchasing, holding or
otherwise investing in commercial loans and similar extensions of credit in the ordinary course of its activities. 

“GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements
of the Accounting Principles Board and the American Institute of Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the
accounting profession in the United States, that are applicable to the circumstances as of the date of determination, consistently applied. 
 “Governmental Authority” means the government of the United States or any other nation, or of any political subdivision thereof, whether state or local, and any agency, authority,
instrumentality, regulatory body, court, administrative tribunal, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any
supra-national bodies such as the European Union or the European Central Bank). 

  
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 “Guarantee Obligations” means, as to any Person, without duplication
(a) any obligation, contingent or otherwise, of such Person guaranteeing or having the economic effect of guaranteeing any Indebtedness or other monetary obligation payable or performable by another Person (the “primary
obligor”) in any manner, whether directly or indirectly, and including any obligation of such Person, direct or indirect, (i) to purchase or pay (or advance or supply funds for the purchase or payment of) such Indebtedness or other
monetary obligation, (ii) to purchase or lease property, securities or services for the purpose of assuring the obligee in respect of such Indebtedness or other monetary obligation of the payment or performance of such Indebtedness or other
monetary obligation, (iii) to maintain working capital, equity capital or any other financial statement condition or liquidity or level of income or cash flow of the primary obligor so as to enable the primary obligor to pay such Indebtedness
or other monetary obligation, or (iv) entered into for the purpose of assuring in any other manner the obligee in respect of such Indebtedness or other monetary obligation of the payment or performance thereof or to protect such obligee against
loss in respect thereof (in whole or in part), or (b) any Lien on any assets of such Person securing any Indebtedness or other monetary obligation of any other Person, whether or not such Indebtedness or other monetary obligation is assumed by
such Person (or any right, contingent or otherwise, of any holder of such Indebtedness to obtain any such Lien); provided that the term “Guarantee Obligations” shall not include endorsements for collection or deposit, in either case
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 related primary obligation, or portion thereof, in respect of which such Guarantee
Obligation is made or, if not stated or determinable, the maximum reasonably anticipated liability in respect thereof as determined by the guaranteeing Person in good faith. The term “Guarantee” as a verb has a corresponding
meaning. 
 “Guaranties” means, collectively, (a) the Nexstar Guaranty Agreements, (b) the Mission
Guaranty of Nexstar Obligations, (c) the Nexstar Guaranty of Mission Obligations, (d) the Mission Guaranty Agreement, (e) each guaranty supplement to each of the foregoing and (f) any other agreement executed and delivered
pursuant to Section 6.11 or Section 6.14 or otherwise Guaranteeing any of the Obligations or Mission Obligations. 
 “Guarantor” means each of (a) the Ultimate Parent, (b) the Intermediate Parent, (c) each Restricted Subsidiary that is a Wholly-Owned Subsidiary except Excluded
Subsidiaries, (d) each entity acquired pursuant to Section 7.03(j) and Section 7.03(j) of the Mission Credit Agreement (regardless of whether they are Wholly-Owned) and (e) each Mission Entity (other than any Mission
Excluded Subsidiary), including, as of the Closing Date, those that are listed on Schedule 5.11 hereto. 

“Hazardous Materials” means all explosive or radioactive substances or wastes and all hazardous or toxic substances,
wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature regulated
pursuant to any Environmental Law. 

  
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 “Hedge Bank” means any Person that (a) is a Lender or an Affiliate of
a Lender at the time it enters into a Secured Hedge Agreement and (b) Bank of America and each of its Affiliates party to a Swap Contract with a Loan Party, in each case in its capacity as a party to such Swap Contract. 

“High Plains” means High Plains Broadcasting Operating Company LLC. 

“High Plains Entities” means, collectively, High Plains and High Plains Broadcasting License Company LLC. 

“Honor Date” means the date of any payment by an L/C Issuer under a Letter of Credit. 

“Identified Acquisitions” means each of those certain acquisitions publicly disclosed by the Borrower for the
acquisitions of television stations (a) KGET-TV and KKEY-LP, in Bakersfield, California, (b) KGPE-TV in Fresno, California, and (c) WFFF-TV in Burlington, Vermont. 

“IFRS” means international accounting standards within the meaning of IAS Regulation 1606/2002 to the extent applicable
to the relevant financial statements delivered under or referred to herein. 
 “Immaterial
Subsidiary” means, as of any date of determination, each Subsidiary of the Borrower and the Mission Borrower that has been designated by the Borrower in writing to the Administrative Agent after the Closing Date as an “Immaterial
Subsidiary” for purposes of this Agreement (and not redesignated as a Material Subsidiary as provided below); provided that (i) on such date, the total assets of such Subsidiary or such Mission Subsidiary, as applicable, is less
than 2.5% of Total Assets of the Nexstar Entities and the Mission Entities (taken as a whole) as of the last day of the most recent Test Period and the gross revenues of such Subsidiary or Mission Subsidiary, as applicable, is less than 2.5% of the
consolidated gross revenues of the Nexstar Entities and the Mission Entities (taken as a whole) as of the last day of the most recent Test Period, (ii) for purposes of this Agreement, at no time shall (A) the total assets of all Immaterial
Subsidiaries (other than Unrestricted Subsidiaries) in the aggregate as of the last day of the most recent Test Period equal or exceed 5% of the Total Assets of the Nexstar Entities and the Mission Entities (taken as a whole) as of such date or
(B) the gross revenues for such Test Period of all Immaterial Subsidiaries (other than Unrestricted Subsidiaries) in the aggregate equal or exceed 5% of the consolidated gross revenues of the Nexstar Entities and the Mission Entities (taken as
a whole) for such period, in each case determined in accordance with GAAP, (iii) at such time as any such Subsidiary or such Mission Subsidiary, as applicable, (A) becomes a party to any Loan Document, (B) executes and delivers a
Guaranty or any Security Documents, or (C) Guarantees or provides any other credit support for the Senior Second Lien Notes, the Senior 67/8% Notes due 2020, any Subordinated Debt, or any other public indebtedness of any Nexstar Entity or Mission Entity,
such Subsidiary or such Mission Subsidiary, as applicable, shall at all times thereafter cease to be an Immaterial Subsidiary irrespective of the value of its assets or its revenues, (iv) the Borrower shall not designate any new Immaterial
Subsidiary if such designation would not comply with the provisions set forth in clauses (i) and (ii) above, (v) if the total assets or gross revenues of such Subsidiary or such Mission Subsidiary, as applicable, so
designated by the Borrower as an “Immaterial Subsidiary” (and not redesignated 

  
 37 

 
as a Material Subsidiary) shall at any time exceed the limits set forth in clause (i) above, then such Subsidiary or such Mission Subsidiary, as applicable, shall be deemed to be a
Material Subsidiary and (vi) if the total assets or gross revenues of all Subsidiaries and Mission Subsidiaries so designated by the Borrower as “Immaterial Subsidiaries” (and not redesignated as Material Subsidiaries) shall at any
time exceed the limits set forth in clause (ii) above, then all such Subsidiaries and Mission Subsidiaries shall be deemed to be Material Subsidiaries unless and until the Borrower shall redesignate one or more Immaterial Subsidiaries as
Material Subsidiaries, in each case in a written notice to the Administrative Agent, and, as a result thereof, the total assets and gross revenues of all Subsidiaries and Mission Subsidiaries still designated as “Immaterial Subsidiaries”
in the aggregate do not exceed such limits; and provided further that the Borrower may designate a Subsidiary or a Mission Subsidiary as an Immaterial Subsidiary at any time by prior written notice to the Administrative Agent, subject to the
terms set forth in this definition. Each Immaterial Subsidiary of the Borrower and the Mission Borrower as of the Closing Date is set forth on Schedule 1.01(d) hereto. Notwithstanding the foregoing or any other provision in this
Agreement or any other Loan Document to the contrary, no Subsidiary or Mission Subsidiary shall be considered an “Immaterial Subsidiary” if it does not receive similar treatment under all of the Indenture Documentation. 

“Incremental Facilities” has the meaning specified in Section 2.14(a). 

“Incremental Facility Amendment” has the meaning specified in Section 2.14(c). 

“Incremental Facility Closing Date” has the meaning specified in Section 2.14(c). 

“Incremental Revolving Commitments” has the meaning specified in Section 2.14(a). 

“Incremental Revolving Facilities” has the meaning specified in Section 2.14(a). 

“Incremental Revolving Lender” has the meaning specified in Section 2.14(c). 

“Incremental Term A Loans” has the meaning specified in Section 2.14(a). 

“Incremental Term B Loans” has the meaning specified in Section 2.14(a). 

“Incremental Term Loan Increases” has the meaning specified in Section 2.14(a). 

“Incremental Term Loans” has the meaning specified in Section 2.14(a). 

“Indebtedness” means, as to any Person at a particular time, without duplication, all of the following, whether or not
included as indebtedness or liabilities in accordance with GAAP: 
 (a) all obligations of such Person for
borrowed money and all obligations of such Person evidenced by bonds, debentures, notes, loan agreements or other similar instruments; 
 (b) all reimbursement or payment obligations of such Person with respect to letters of credit (including standby and commercial), bankers’ acceptances, bank guaranties, surety bonds, performance
bonds and similar instruments issued or created by or for the account of such Person; 

  
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 (c) net obligations of such Person under any Swap Contract; 

(d) all obligations of such Person to pay the deferred purchase price of property or services (other than (i) trade
accounts payable in the ordinary course of business pursuant to ordinary terms and (ii) any purchase price adjustments and earn-out obligation until such obligation becomes a liability on the balance sheet of such Person in accordance with GAAP
and if not paid after becoming due and payable); 
 (e) indebtedness (excluding prepaid interest thereon) secured
by a Lien on property owned or being purchased by such Person (including indebtedness arising under conditional sales or other title retention agreements and mortgage, industrial revenue bond, industrial development bond and similar financings),
whether or not such indebtedness shall have been assumed by such Person or is limited in recourse; 
 (f) all
Attributable Indebtedness; 
 (g) all obligations of such Person in respect of Disqualified Equity Interests; and

 (h) all Guarantee Obligations of such Person in respect of any of the foregoing. 

For all purposes hereof, the Indebtedness of any Person shall (A) include the Indebtedness of any partnership or joint venture
(other than a joint venture that is itself a corporation or limited liability company or similar organization under the laws of the jurisdiction of such joint venture) in which such Person is a general partner or a joint venturer, except to the
extent such Person’s liability for such Indebtedness is otherwise limited and only to the extent such Indebtedness would be included in the calculation of Consolidated Net Debt (without giving effect to clause (b) thereof) and (B) in
the case of the Nexstar Entities exclude all intercompany Indebtedness having a term not exceeding 364 days (inclusive of any roll over or extensions of terms) and made in the ordinary course of business. The amount of any net obligation under any
Swap Contract on any date shall be deemed to be the Swap Termination Value thereof as of such date. The amount of Indebtedness of any Person for purposes of clause (e) shall be deemed to be equal to the lesser of (i) the aggregate unpaid
amount of such Indebtedness and (ii) the fair market value of the property encumbered thereby as determined by such Person in good faith. 
 “Indemnified Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of any Loan Party or any Restricted
Subsidiary of a Loan Party under any Loan Document and (b) to the extent not otherwise described in clause (a), Other Taxes. 
 “Indemnitees” has the meaning specified in Section 10.04(b). 

  
 39 

 “Indenture Documentation” means, collectively,
(a) the Senior Second Lien Notes Indenture Documentation, (b) the Senior 67/8% Notes due 2020 Indenture Documentation, and (c) any other indenture, agreement, or other instrument executed by the Borrower or any other Nexstar Entity or Mission Entity, or any Subsidiary of any
Loan Party in connection with the issuance of any other public Indebtedness. 
 “Inergize Business” means the
business of producing, marketing, promoting, selling, licensing, distributing or otherwise commercializing integrated digital management software conducted by Newport Television and High Plains. 

“Information” has the meaning specified in Section 10.07. 

“Initial Lenders” means each of Bank of America, UBS Loan Finance LLC and Royal Bank of Canada. 

“Initial Revolving Borrowing” means one or more borrowings of Revolving Credit Loans or issuances or deemed issuances of
Letters of Credit on the Closing Date as specified in Section 2.01(b) and Section 2.03(a)(i). 

“Intercreditor Agreement” means, collectively, (a) the Senior Second Lien Notes Intercreditor Agreement and
(b) an intercreditor agreement by and among the Collateral Agent and the collateral agents or other representatives for the holders of Indebtedness secured by Liens on the Collateral that are intended to rank junior to the Liens securing the
Obligations and the Mission Obligations and that are otherwise Liens permitted pursuant to Section 7.01, providing that all proceeds of Collateral shall first be applied to repay the Obligations and the Mission Obligations in full prior
to being applied to any obligations under the Indebtedness secured by such junior Liens and that until the termination of the Commitments and the Mission Commitments, and the repayment in full (or Cash Collateralization of Letters of Credit) of all
Obligations and Mission Obligations (other than contingent obligations not then due and payable), the Collateral Agent shall have the sole right to exercise remedies against the Collateral (subject to customary exceptions and the expiration of any
standstill provisions) and otherwise in form and substance reasonably satisfactory to the Collateral Agent. 
 “Interest
Payment Date” means (a) as to any Loan other than a Base Rate Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such Loan was made; provided, that if any
Interest Period for a Eurodollar Rate Loan exceeds three months, the respective dates that fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates, and (b) as to any Base Rate Loan (including a
Swing Line Loan), the last Business Day of each March, June, September and December and the Maturity Date of the Facility under which such Loan was made (with Swing Line Loans being deemed made under the Revolving Credit Facility for purposes of
this definition). 

  
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 “Interest Period” means, as to each Eurodollar Rate Loan, the period
commencing on the date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one, two, three or six months thereafter, as selected by the Borrower in its Loan Notice, or such other
period that is twelve months or less requested by the Borrower and consented to by all of the Appropriate Lenders; provided that: 
 (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in
which case such Interest Period shall end on the next preceding Business Day; 
 (b) any Interest Period that
begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of
such Interest Period; and 
 (c) no Interest Period shall extend beyond the Maturity Date of the Facility under
which such Loan was made. 
 “Intermediate Parent” means Nexstar Finance Holdings, Inc., a Delaware
corporation. 
 “Investment” means, as to any Person, any direct or indirect acquisition or investment by such
Person, whether by means of (a) the purchase or other acquisition of Equity Interests or debt or other securities of another Person, (b) a loan, advance or capital contribution to, Guarantee or assumption of debt of, or purchase or other
acquisition of any other debt or equity participation or interest in, another Person, including any partnership or joint venture interest in such other Person or (c) 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 (including pursuant to any Sale Leaseback), or (d) any Shared
Services Party Acquisition. For purposes of covenant compliance, the amount of any Investment shall be the amount actually invested, without adjustment for subsequent increases or decreases in the value of such Investment. 

“IP Rights” has the meaning specified in Section 5.14. 

“IRS” means the United States Internal Revenue Service. 

“ISP” means, with respect to any Letter of Credit, the “International Standby Practices 1998” published by the
Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance). 
 “Issuer Documents” means with respect to any Letter of Credit, the Letter of Credit Application, and any other document, agreement and instrument entered into by an L/C Issuer and the
Borrower (or any Restricted Subsidiary) or in favor of such L/C Issuer and relating to such Letter of Credit. 
 “Joint
Sales Agreement” means, with respect to a television broadcast station, a joint sales agreement or other similar contractual arrangement pursuant to which a Person, other than the Person holding the FCC License of such television broadcast
station or an affiliate of such Person, obtains the right to (a) set the advertising rates for such television broadcast station and/or (b) conduct or manage the sale of advertising availabilities on such television broadcast station.

  
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 “JV Entity” means (a) any joint venture and (b) any
non-Wholly-Owned Subsidiary of the Borrower. 
 “Laws” means, collectively, all international, foreign,
Federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged
with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties, requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or
not having the force of law. 
 “L/C Advance” means, with respect to each Revolving Credit Lender, such
Lender’s funding of its participation in any L/C Borrowing in accordance with its Applicable Revolving Credit Percentage. All L/C Advances shall be denominated in Dollars. 

“L/C Borrowing” means an extension of credit resulting from a drawing under any Letter of Credit which has not been
reimbursed on the applicable Borrower Honor Date or refinanced as a Revolving Credit Borrowing. All L/C Borrowings shall be denominated in Dollars. 
 “L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the renewal or increase of the amount thereof.

 “L/C Issuer” means (a) Bank of America or any of its Subsidiaries or Affiliates, and (b) any other
Lender (or any of its Subsidiaries or Affiliates) that becomes an L/C Issuer in accordance with Section 2.03(k) or Section 10.06(f), in the case of each of clause (a) and (b) above, in its capacity as
issuer of Letters of Credit hereunder, or any successor issuer of Letters of Credit hereunder. 
 “L/C
Obligations” means, as of any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts in respect of Letters of Credit, including all L/C
Borrowings. For purposes of computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.07. 

“Leasehold” of any Person means all of the right, title and interest of such Person as lessee or licensee in, to and
under leases or licenses of land, improvements and/or fixtures. 
 “Lender” has the meaning specified in the
introductory paragraph to this Agreement and, as the context requires, includes the L/C Issuers and the Swing Line Lender, and their respective successors and assigns as permitted hereunder, each of which is referred to herein as a
“Lender.” 
 “Lender Participation Notice” has the meaning specified in
Section 2.05(e)(iii). 

  
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 “Lending Office” means, as to any Lender, the office or offices of such
Lender described as such in such Lender’s Administrative Questionnaire, or such other office or offices as a Lender may from time to time notify the Borrower and the Administrative Agent. 

“Letter of Credit” means any standby letter of credit issued hereunder providing for the payment of cash upon the
honoring of a presentation thereunder. 
 “Letter of Credit Application” means an application and agreement for
the issuance or amendment of a Letter of Credit in the form from time to time in use by the relevant L/C Issuer. 

“Letter of Credit Expiration Date” means the day that is five Business Days prior to the scheduled Maturity Date then in
effect for the Revolving Credit Facility (or, if such day is not a Business Day, the next preceding Business Day). 

“Letter of Credit Fee” has the meaning specified in Section 2.03(h). 

“Letter of Credit Sublimit” means an amount equal to the lesser of (a) $10,000,000 and (b) the aggregate
amount of the Revolving Credit Commitments. 
 “License” means any authorization, permit, consent, special
temporary authorization, franchise, ordinance, registration, certificate, license, agreement or other right filed with, granted by or entered into with a Governmental Authority which permits or authorizes the acquisition, construction, ownership or
operation of a television broadcast station or any part thereof. 
 “Lien” means any mortgage, pledge,
hypothecation, assignment, deposit arrangement, encumbrance, lien (statutory or other), charge, deemed trust, or preference, priority or other security interest or preferential arrangement in the nature of a security interest of any kind or nature
whatsoever (including any conditional sale or other title retention agreement, any easement, right of way or other encumbrance on title to real property, and any Capitalized Lease having substantially the same economic effect as any of the
foregoing). 
 “Lien Subordination Provisions” has the meaning specified in Section 8.01(l).

 “Little Rock Acquisition” means the acquisition by the Mission Borrower of substantially all of the assets
used or held for use in the operation of two television broadcasting stations located in Little Rock, Arkansas, in each case, owned by Newport Television and Newport Television License pursuant to and, in all material respects, in accordance with
the terms of, that certain Mission Acquisition Agreement. 
 “Loan” means an extension of credit by a Lender to
the Borrower under Article II in the form of a Term Loan, a Revolving Credit Loan or a Swing Line Loan (including any Incremental Term Loans or loans made pursuant to any Incremental Revolving Commitment). 

“Loan Documents” means, collectively, (a) this Agreement, (b) the Notes executed and delivered pursuant to
Section 4.01(b) or in connection with any reallocation of the Revolving Credit Commitment under the Revolver Reallocation Letter, (c) the Revolver Reallocation Letter, (d) the Guaranties, (e) the Security Documents,
(f) the Fee Letters, (g) the Senior Second Lien Notes Intercreditor Agreement and each other Intercreditor Agreement relating to the 

  
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Obligations, (h) any agreement creating or perfecting rights in Cash Collateral pursuant to the provisions of Section 2.17 of this Agreement, (i) all waivers, consents,
agreements and amendments executed in connection with the Revolver Reallocation Letter or the Term B Reallocation Letter, (j) each Issuer Document, (k) the Notes executed and delivered in connection with any reallocation of the Term B
Commitment under the Term B Reallocation Letter, (l) the Term B Reallocation Letter, and (m) all other agreements executed and delivered by any Loan Party in connection with this Agreement; it being understood that no Secured Hedge
Agreement shall be a Loan Document. 
 “Loan Notice” means a notice of (a) a Term Borrowing, (b) a
Revolving Credit Borrowing, (c) a conversion of Loans from one Type to the other, or (d) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of
Exhibit A, or any other form agreed to by the Borrower and the Administrative Agent. 
 “Loan
Parties” means, collectively, the Borrower, the Intermediate Parent, the Ultimate Parent and each other Guarantor. 

“Local Marketing Agreement” means, a local marketing arrangement, time brokerage agreement or similar arrangement
pursuant to which a Person, subject to customary licensee preemption rights and other limitations, obtains the right to exhibit programming and sell advertising time on such television broadcast station constituting 15% or more of the air time per
week of a television broadcast station licensed to another Person. 
 “London Banking Day” means any day on
which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market. 

“Majority Lenders” means, as of any date of determination, Lenders and Mission Lenders holding more than 50% of the sum
of the (a) Total Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing Line Loans being deemed “held” by such Revolving Credit Lender
for purposes of this definition), (b) aggregate unused Revolving Credit Commitments, (c) Mission Total Outstandings, and (d) aggregate unused Mission Revolving Credit Commitments. The (i) unused Revolving Credit Commitment of,
and the portion of the Total Outstandings held or deemed held by, any Defaulting Lender and (ii) unused Mission Revolving Credit Commitment of, and the portion of the Mission Total Outstandings held or deemed held by, any Mission Defaulting
Lender, in each case, shall be disregarded in determining Majority Lenders at any time; provided that, the amount of any participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have
not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the Swing Line Lender or the relevant L/C Issuer, as the case may be, in making such determination. 

  
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 “Management Advances” means loans or advances made to, or Guarantees with
respect to loans or advances made to, directors, officers, employees or consultants of the Ultimate Parent, the Intermediate Parent, the Borrower or any Restricted Subsidiary: 
 (a) (i) in respect of travel, entertainment or moving related expenses incurred in the ordinary course of business or (ii) for purposes of funding any such person’s purchase of Equity Interests
(or similar obligations) of the Borrower, its Subsidiaries, the Ultimate Parent or the Intermediate Parent with (in the case of this sub-clause (ii)) the approval of the board of directors; 

(b) in respect of moving related expenses incurred in connection with any closing or consolidation of any facility or office; or

 (c) not exceeding $5.0 million in the aggregate outstanding at any time. 

“Master Agreement” has the meaning specified in the definition of “Swap Contract.” 

“Material Adverse Effect” means (a) a material adverse effect on the business, operations, assets, properties,
liabilities (actual or contingent) or financial condition of the Nexstar Entities taken as a whole, (b) a material adverse effect on the ability of any Loan Party or other Restricted Subsidiary of a Loan Party to perform its obligations under
any Loan Document to which it is a party, or (c) a material adverse effect upon the legality, validity, binding effect or enforceability against any Loan Party or other Restricted Subsidiary of a Loan Party of any Loan Document to which it is a
party. 
 “Material Motor Vehicles” means each vehicle or other rolling stock of any Nexstar Entity which is a
broadcast or remote production vehicle pledged to secure the Senior Second Lien Notes on the Closing Date. 
 “Material
Real Property” means any Real Property other than (i) Non-Material Real Property and (ii) the Excluded Real Property. 
 “Material Subsidiary” means each Subsidiary of the Borrower and the Mission Borrower that is not an Immaterial Subsidiary. 

“Maturity Date” means (a) with respect to the Revolving Credit Facility, the earlier of (i) December 3, 2017
and (ii) January 15, 2017, unless prior to October 15, 2016, the maturity date of the Senior Second Lien Notes has been extended to a date that is not earlier than 90 days after the maturity date set forth in clause (a)(i)
preceding, and (b) with respect to the Term B Loans, the earlier of (i) December 3, 2019 so long as (A) there is less than $65,000,000 of the Senior Second Lien Notes outstanding on January 15, 2017 or (B) the
Consolidated First Lien Net Leverage Ratio is less than or equal to 2.00 to 1.00 as of October 31, 2016 and (ii) if neither clause (b)(i)(A) or clause (b)(i)(B) is true, January 15, 2017; provided that
if such day is not a Business Day, the Maturity Date shall be the Business Day immediately preceding such day. 

“Maximum Rate” has the meaning specified in Section 10.09. 

“Minimum Extension Condition” has the meaning specified in Section 2.15(b). 

“Minimum Tranche Amount” has the meaning specified in Section 2.15(b). 

  
 45 

 “Mission Acquisition Agreement” means that certain Asset Purchase
Agreement, dated as of July 18, 2012, among Newport Television and Newport Television License and the Mission Borrower, as such agreement may be amended, modified, waived or otherwise changed. 

“Mission Acquisition Documents” means the Mission Acquisition Agreement and any other document ancillary thereto or
designated as “Mission Acquisition Documents” by the Administrative Agent and the Mission Borrower. 

“Mission Administrative Agent” means the “Administrative Agent “ as that term is defined in the Mission Credit
Agreement. 
 “Mission Aggregate Available Revolving Credit Commitment” means the “Aggregate Available
Revolving Credit Commitment” as that term is defined in the Mission Credit Agreement. 
 “Mission Aggregate
Commitments” means the “Aggregate Commitments” as that term is defined in the Mission Credit Agreement. 

“Mission Asset Swaps” means “Asset Swaps” as that term is defined in the Mission Credit Agreement. 

“Mission Borrower” means the “Borrower” as that term is defined in the Mission Credit Agreement. 

“Mission Borrower Equity Pledge Agreements” means, collectively, those certain First Restated Pledge Agreements to be
executed by each of the Mission Equity Holders in form and substance substantially similar to those in existence immediately prior to the Closing Date with such changes agreed to by the Mission Borrower and the Administrative Agent, and each
supplement to each of the foregoing, and any other agreement executed and delivered pursuant to Section 6.11 or Section 6.14 of the Mission Credit Agreement or otherwise pledging any of the Equity Interests of the Mission Borrower to
secure Obligations and Mission Obligations. 
 “Mission Broadcast Licenses” means “Broadcast
Licenses” as that term is defined in the Mission Credit Agreement. 
 “Mission Closing Date” means the
“Closing Date” as that term is defined in the Mission Credit Agreement. 
 “Mission Commitments”
means the “Commitments” as that term is defined in the Mission Credit Agreement. 
 “Mission Credit
Agreement” means that Fourth Amended and Restated Credit Agreement, dated as of the Closing Date, among the Mission Borrower, as borrower, the financial institutions from time to time parties thereto, Bank of America, as administrative
agent, as the same may be further amended, modified, restated, supplemented, renewed, extended, increased, rearranged and/or substituted from time to time. 

  
 46 

 “Mission Credit Extensions” means the “Credit Extensions” as that
term is defined in the Mission Credit Agreement. 
 “Mission Defaulting Lender” means “Defaulting
Lender” as that term is defined in the Mission Credit Agreement. 
 “Mission Discounted Voluntary
Prepayments” means “Discounted Voluntary Prepayments” as that term is defined in the Mission Credit Agreement. 
 “Mission Entity” means the Mission Borrower and any Person which is a direct or indirect Restricted Subsidiary of the Mission Borrower. 

“Mission Entity Pledge Agreement” means the Third Restated Pledge and Security Agreement to be executed by the Mission
Entities, in form and substance substantially similar to the Second Restated Pledge and Security Agreement in existence immediately prior to the Closing Date with such changes agreed to by the Mission Borrower and the Administrative Agent, and each
supplement to the foregoing and any other agreement executed and delivered pursuant to Section 6.11 or Section 6.14 of the Mission Credit Agreement or otherwise pledging any of the Equity Interests of any of the Subsidiaries of the Mission
Borrower to secure Obligations and Mission Obligations. 
 “Mission Equity Holders” means Nancie J. Smith and
Dennis P. Thatcher, and each other Person owning any Equity Interest in the Mission Borrower. 
 “Mission Event of
Default” means an “Event of Default” as that term is defined in the Mission Credit Agreement. 

“Mission Excluded Subsidiary” means “Excluded Subsidiary” as that term is defined in the Mission Credit
Agreement. 
 “Mission Facility” means “Facility” as that term is defined in the Mission Credit
Agreement. 
 “Mission Guaranty Agreement” means that certain Guaranty executed by each of the Mission
Subsidiary Guarantors, in form and substance substantially similar to the Second Restated Guaranty (Nexstar Obligations) in existence immediately prior to the Closing Date with such changes agreed to by the Mission Borrower and the Administrative
Agent, whereby the Mission Subsidiary Guarantors guarantee the Mission Obligations. 
 “Mission Guaranty of Nexstar
Obligations” means the Third Restated Guaranty (Nexstar Obligations), dated as of the Closing Date, in form and substance substantially similar to the Second Restated Guaranty (Nexstar Obligations) in existence immediately prior to the
Closing Date with such changes agreed to by the Mission Borrower and the Administrative Agent, executed by the Mission Entities, whereby the Mission Entities guarantee the Obligations. 

“Mission Incremental Facilities” means “Incremental Facilities” as that term is defined in the Mission Credit
Agreement. 

  
 47 

 “Mission Incremental Revolving Commitments” means “Incremental
Revolving Commitments” as that term is defined in the Mission Credit Agreement. 
 “Mission Incremental Revolving
Facility” means “Incremental Revolving Facility” as that term is defined in the Mission Credit Agreement. 

“Mission Incremental Term A Loans” means “Incremental Term A Loans” as that term is defined in the Mission
Credit Agreement. 
 “Mission Incremental Term Loans” means “Incremental Term Loans” as that term is
defined in the Mission Credit Agreement. 
 “Mission Lender” means “Lender” as that term is defined
in the Mission Credit Agreement. 
 “Mission Loan” means “Loan” as that term is defined in the
Mission Credit Agreement. 
 “Mission Loan Documents” means “Loan Documents” as that term is defined
in the Mission Credit Agreement. 
 “Mission Material Real Property” means “Material Real Property”
as that term is defined in the Mission Credit Agreement. 
 “Mission Obligations” means the
“Obligations” as that term is defined in the Mission Credit Agreement. 
 “Mission Pledge Agreements”
means, collectively, the Mission Borrower Equity Pledge Agreements and the Mission Entity Pledge Agreement. 
 “Mission
Restricted Subsidiaries” means “Restricted Subsidiaries” as that term is defined in the Mission Credit Agreement. 
 “Mission Retained Declined Proceeds” means “Retained Declined Proceeds” as that term is defined in the Mission Credit Agreement. 

“Mission Revolving Credit Borrowings” means “Revolving Credit Borrowings” as that term is defined in the
Mission Credit Agreement. 
 “Mission Revolving Credit Commitment” means “Revolving Credit
Commitment” as that term is defined in the Mission Credit Agreement. 
 “Mission Revolving Credit
Exposure” means “Revolving Credit Exposure” as that term is defined in the Mission Credit Agreement. 

“Mission Revolving Credit Facility” means “Revolving Credit Facility” as that term is defined in the Mission
Credit Agreement. 
 “Mission Revolving Credit Lender” means “Revolving Credit Lender” as that term
is defined in the Mission Credit Agreement. 

  
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 “Mission Revolving Credit Loans” means “Revolving Credit Loans”
as that term is defined in the Mission Credit Agreement. 
 “Mission Security Agreement” means, collectively,
that certain Fourth Restated Security Agreement to be executed by the Mission Entities in form and substance substantially similar to the Third Restated Security Agreement in existence immediately prior to the Closing Date with such changes agreed
to by the Mission Borrower and the Administrative Agent, each Security Agreement Supplement executed and delivered pursuant to Section 6.11 or Section 6.14 of the Mission Credit Agreement or otherwise, and any other agreement executed and
delivered pursuant to Section 6.11 or Section 6.14 of the Mission Credit Agreement or otherwise granting security interests in any assets or properties of the Mission Entities to secure Obligations and Mission Obligations. 

“Mission Station” means “Station” as that term is defined in the Mission Credit Agreement. 

“Mission Subordinated Debt Documents” means “Subordinated Debt Documents” as that term is defined in the
Mission Credit Agreement. 
 “Mission Subsidiaries” means “Subsidiaries” as that term is defined in
the Mission Credit Agreement. 
 “Mission Subsidiary Guarantors” means “Subsidiary Guarantors” as
that term is defined in the Mission Credit Agreement. 
 “Mission Term B Borrowings” means “Term B
Borrowings” as that term is defined in the Mission Credit Agreement. 
 “Mission Term B Commitments” means
“Term B Commitments” as that term is defined in the Mission Credit Agreement. 
 “Mission Term B
Lenders” means “Term B Lenders” as that term is defined in the Mission Credit Agreement. 
 “Mission
Term B Loans” means “Term B Loans” as that term is defined in the Mission Credit Agreement. 

“Mission Term Lenders” means “Term Lenders” as that term is defined in the Mission Credit Agreement.

 “Mission Term Loan Commitments” means the “Term Loan Commitments” as that term is defined in the
Mission Credit Agreement. 
 “Mission Term Loans” means “Term Loans” as that term is defined in the
Mission Credit Agreement. 
 “Mission Total Outstandings” means “Total Outstandings” as that term is
defined in the Mission Credit Agreement. 

  
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 “Mission Total Revolving Credit Outstandings” means “Total Revolving
Credit Outstandings” as that term is defined in the Mission Credit Agreement. 
 “Mission Total Term B Loan
Outstandings” means “Total Term B Loan Outstandings” as that term is defined in the Mission Credit Agreement. 
 “Moody’s” means Moody’s Investors Service, Inc. and any successor thereto. 
 “Mortgage” means, collectively, a deed of trust, trust deed, deed to secure debt, mortgage, leasehold deed of trust, leasehold trust deed, leasehold deed to secure debt, leasehold
mortgage and other similar instruments creating and evidencing Liens on one or more Real Properties made by the Loan Parties or any Restricted Subsidiary of a Loan Party for the benefit of the Secured Parties to secure all or any part of the
Obligations or Mission Obligations, together with the assignments of leases and rents referred to therein or executed in connection therewith, including any Mortgage executed and delivered pursuant to Section 6.11 and
Section 6.14, or Section 6.11 and Section 6.14 of the Mission Credit Agreement. “Mortgage” includes without limitation each Existing Mortgage together with any applicable Mortgage Amendment. Each Mortgage shall
be in substantially the same form and substance as the Existing Mortgages, with such changes as (a) are required or advisable to comply with different state law or (b) may otherwise be reasonably acceptable to the Borrower, the
Administrative Agent and the Collateral Agent (including, without limitation, such changes as may be reasonably satisfactory to the Collateral Agent and the Administrative Agent and their counsel to account for matters of Law, whether local or
otherwise). 
 “Mortgage Amendment” means an amendment to an Existing Mortgage or an amendment and restatement
of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent. 
 “Mortgage
Policy” means a fully paid American Land Title Association Lender’s Extended Coverage title insurance policy with endorsements and in an amount acceptable to the Administrative Agent and Collateral Agent, issued, coinsured and
reinsured by title insurers acceptable to the Administrative Agent and Collateral Agent, insuring the Mortgage in question to be valid first and subsisting Lien on the property described therein, free and clear of all defects (including, but not
limited to, filed mechanics’ and materialmen’s Liens) and encumbrances, excepting only Liens permitted under the Loan Documents, and providing for such other affirmative insurance and such coinsurance and direct access reinsurance as the
Administrative Agent and Collateral Agent may deem necessary or desirable. 
 “Mortgaged Properties” means
collectively, (i) all Existing Mortgaged Properties and (ii) all other Material Real Properties or Mission Material Real Properties, owned by any Nexstar Entity or any Mission Entity as applicable, that become subject to a Mortgage.

 “Multiemployer Plan” means any employee benefit plan of the type described in Section 4001(a)(3) of
ERISA, to which any Loan Party or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five plan years, has made or been obligated to make contributions. 

  
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 “Nationally Recognized Statistical Rating Organization” means a nationally
recognized statistical rating organization within the meaning of Rule 436 under the Securities Act. 
 “Net Cash
Proceeds” means: 
 (a) with respect to any Disposition by the Borrower or any Restricted Subsidiary, or
any Casualty Event, the excess, if any, of (i) the sum of cash and Cash Equivalents received in connection with such Disposition or Casualty Event (including any cash or Cash Equivalents received by way of deferred payment pursuant to, or by
monetization of, a note receivable or otherwise, but only as and when so received and, with respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of such Casualty Event actually received by or paid to or for the
account of the Borrower or such Restricted Subsidiary) over (ii) the sum of (A) the principal amount, premium or penalty, if any of any Indebtedness that is secured by the applicable asset subject to such Disposition or Casualty
Event and that is required to be repaid (and timely repaid) in connection with such Disposition or Casualty Event (other than Indebtedness under the Loan Documents), (B) the reasonable and customary out-of-pocket fees and expenses (including
attorneys’ fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, other customary expenses and brokerage, consultant and other customary
fees) actually incurred by the Borrower or such Restricted Subsidiary in connection with such Disposition or Casualty Event, (C) Taxes paid or reasonably estimated to be actually payable as a result of any gain recognized in connection
therewith; provided that, if the amount of any estimated Taxes pursuant to subclause (C) exceeds the amount of Taxes actually required to be paid in cash in respect of such Disposition, the aggregate amount of such excess shall
constitute Net Cash Proceeds and (D) any reserve for adjustment in respect of (1) the sale price of such asset or assets established in accordance with GAAP and (2) any liabilities associated with such asset or assets and retained by
the Borrower or any Restricted Subsidiary after such sale or other disposition thereof, including pension and other post-employment benefit liabilities and liabilities related to environmental matters or with respect to any indemnification
obligations associated with such transaction, it being understood that “Net Cash Proceeds” shall include (i) any cash or Cash Equivalents received upon the Disposition of any non-cash consideration by the Borrower or such Restricted
Subsidiary in any such Disposition and (ii) upon the reversal (without the satisfaction of any applicable liabilities in cash in a corresponding amount) of any reserve described in this subclause (D) or if such liabilities have not
been satisfied in cash and such reserve is not reversed within 365 days after such Disposition or Casualty Event, the amount of such reserve; provided that (x) no net cash proceeds calculated in accordance with the foregoing realized in
a single transaction or series of related transactions shall constitute Net Cash Proceeds unless such net cash proceeds shall exceed $1,000,000, (y) no such net cash proceeds shall constitute Net Cash Proceeds under this clause (a)
in any fiscal year until the aggregate amount of all such net cash proceeds in such fiscal year for all Dispositions shall exceed $5,000,000 (and thereafter only net cash proceeds in excess of such amount shall constitute Net Cash Proceeds under
this clause (a)), and (z) with respect to any Station Sharing Arrangement, Net Cash Proceeds shall exclude any gross proceeds received by the Borrower or any Restricted Subsidiary to the extent such gross proceeds are to be included
in Consolidated Net Income; and 

  
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 (b) with respect to the incurrence or issuance of any Indebtedness by any
Nexstar Entity, the excess, if any, of (i) the sum of the cash and Cash Equivalents received in connection with such incurrence or issuance over (ii) the investment banking fees, underwriting discounts, commissions and other
reasonable and customary out-of-pocket expenses, incurred by such Nexstar Entity in connection with such incurrence or issuance; and 
 (c) with respect to any Permitted Equity Issuance by any direct or indirect parent of the Borrower, the amount of cash from such Permitted Equity Issuance contributed to the capital of the Borrower.

 “Newport Acquisition” has the meaning specified in the Preliminary Statements to this Agreement. 

“Newport Material Adverse Effect” Notwithstanding the defined terms in this Agreement, capitalized terms used in
this definition of “Newport Material Adverse Effect” have the meanings specified in the Acquisition Agreements: means, any event, state of facts, circumstance, development, change, effect or occurrence (an
“Effect”) that, individually or in the aggregate with any other Effect, has had or would reasonably be expected to have a materially adverse effect on the business, properties, assets, financial condition or results of operations of
the Business and the Little Rock Business, taken as a whole, or on the ability of Seller to perform its material obligations under the Agreement, other than any Effect arising out of or resulting from (a) any Effect affecting the economy of the
United States generally, including changes in the United States or foreign credit, debt, capital or financial markets (including changes in interest or exchange rates) or the economy of any town, city, region or country in which the Stations or the
Little Rock Stations conduct business, only to the extent that the Effect thereof are not disproportionately adverse to or on the Stations, the Little Rock Stations, the Business or the Little Rock Business, (b) general changes or developments
in the broadcast television industry to the extent that the Effect thereof are not disproportionately adverse to or on the Stations, the Little Rock Stations or the Business or the Little Rock Business, (c) the execution and delivery of this
Agreement, the announcement of this Agreement and the transactions contemplated hereby, the consummation of the transactions contemplated hereby, the compliance with the terms of this Agreement or the taking of any action required by this Agreement
or consented to by Buyer, (d) earthquakes, hurricanes, tornadoes, natural disasters or global, national or regional political conditions, including hostilities, military actions, political instability, acts of terrorism or war or any escalation
or material worsening of any such hostilities, military actions, political instability, acts of terrorism or war existing or underway as of the date hereof (other than any of the foregoing that causes any damage or destruction to or renders unusable
any material Purchased Assets or Mission Purchased Assets), only to the extent that the Effect thereof is not disproportionately adverse to or on the Stations or the Business, (e) any failure, in and of itself, by Seller or any Station or
Little Rock Station to meet any internal or published projections, forecasts or revenue or earnings predictions for any period ending on or after the date of this Agreement (it being understood that the facts or occurrences giving rise to such
failure may be deemed to constitute, or be taken into account in determining 

  
 52 

 
whether there has been or will be, a Material Adverse Effect), (f) any matter of which Buyer is aware on the date hereof, (g) any Effect that results from any action taken at the
express prior request of Buyer or with Buyer’s prior consent, or (h) any breach by Buyer of its obligations under this Agreement; provided that, if the Mission Agreement has been terminated, then references in the foregoing
definition to the Little Rock Business and the Little Rock Stations shall be disregarded. 
 “Newport Stations”
means the television broadcasting stations listed on Exhibit A to the Nexstar Acquisition Agreement. 
 “Newport
Television” means Newport Television LLC, a Delaware limited liability company. 
 “Newport Television
License” means Newport Television License LLC, a Delaware limited liability company. 
 “Nexstar Acquisition
Agreement” means the Asset Purchase Agreement, among the Sellers and the Borrower, dated July 18, 2012, as may be amended, modified, waived or otherwise changed. 
 “Nexstar Acquisition Documents” means the Nexstar Acquisition Agreement and any other document ancillary thereto or designated as “Nexstar Acquisition Documents” by the
Administrative Agent and the Borrower. 
 “Nexstar Entity” means the Ultimate Parent, the Intermediate Parent,
the Borrower and any Person which is a direct or indirect Restricted Subsidiary of the Ultimate Parent. 
 “Nexstar
Guaranty Agreements” means, collectively, (a) the Third Restated Guaranty, dated as of the Closing Date, in form and substance substantially similar to the Second Restated Guaranty in existence immediately prior to the Closing Date
with such changes agreed to by the Borrower and the Administrative Agent, executed and delivered by the Parent Guarantors, whereby the Parent Guarantors guarantee the Obligations, and (b) each Guaranty, executed and delivered by the Subsidiary
Guarantors, in form and substance substantially similar to the Second Restated Pledge and Security Agreement in existence immediately prior to the Closing Date with such changes agreed to by the Borrower and the Administrative Agent, whereby the
Subsidiary Guarantors guarantee the Obligations. 
 “Nexstar Guaranty of Mission Obligations” means the Third
Restated Guaranty (Mission Obligations), dated as of the Closing Date, in form and substance substantially similar to the Second Restated Guaranty (Mission Obligations) in existence immediately prior to the Closing Date with such changes agreed to
by the Borrower and the Administrative Agent, executed and delivered by the Nexstar Entities in favor of the Mission Lenders, whereby the Nexstar Entities guarantee the Mission Obligations. 

“Nexstar/Mission Agreements” means any and all agreements executed between or among the Borrower and the Mission
Borrower, or any Nexstar Entity and any Mission Entity, including, without limitation, those agreements listed on Schedule 1.01(a). 

  
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 “Nexstar/Mission Ratable Status” has the meaning specified in
Section 10.21(b). 
 “Nexstar Pledge Agreement” means the Third Restated Pledge and Security
Agreement to be executed by the Nexstar Entities, in form and substance substantially similar to the Second Restated Pledge and Security Agreement in existence immediately prior to the Closing Date with such changes agreed to by the Borrower and the
Administrative Agent, and each supplement to the foregoing and any other agreement executed and delivered pursuant to Section 6.11 or Section 6.14 pledging any of the Equity Interests of any of the Nexstar Entities to secure
Obligations and Mission Obligations. 
 “Nexstar Security Agreement” means, collectively, that certain Fourth
Restated Security Agreement to be executed by the Nexstar Entities, in form and substance substantially similar to the Third Restated Security Agreement in existence immediately prior to the Closing Date with such changes agreed to by the Borrower
and the Administrative Agent, each Security Agreement Supplement executed and delivered pursuant to Section 6.11 or Section 6.14 and any other agreement executed and delivered pursuant to Section 6.11 or
Section 6.14 or otherwise granting security interests in any assets or properties of the Nexstar Entities to secure Obligations and Mission Obligations. 
 “Non-Consenting Lender” means any Lender that does not approve any consent, waiver or amendment under this Agreement, any Loan Document, the Mission Credit Agreement or any Mission Loan
Document that (a) requires the approval of all Lenders or all affected Lenders in accordance with the terms of Section 10.01 and (b) has been approved by the Majority Lenders, the Required Revolving Credit Lenders or the
Required Term B Lenders, as applicable. 
 “Non-Loan Party” means (a) any Subsidiary of the Ultimate
Parent that is not a Loan Party and (b) any Mission Subsidiary that is not a Loan Party. 
 “Non-Material Real
Property” means, (a) prior to the Senior Second Lien Termination Date, (i) the leasehold Real Property of a Nexstar Entity not subject to an Existing Mortgage on the Closing Date and (ii) the fee owned Real Property of a
Nexstar Entity that is not subject to an Existing Mortgage on the Closing Date where the book value is less than $2,000,000 and (b) on and after the Senior Second Lien Termination Date, (i) the leasehold Real Property of a Nexstar Entity
and (ii) the fee owned Real Property of a Nexstar Entity where the book value is less than $2,000,000. 

“Nonrenewal Notice Date” has the meaning specified in Section 2.03(b)(iii). 

“Note” means a Term B Note or a Revolving Credit Note, as the context may require. 

“Notice of Reinvestment Election” has the meaning specified in Section 2.05(b)(ii)(B) 

“NPL” means the National Priorities List under CERCLA. 

“Obligations” means all (a) advances to, and debts, liabilities, obligations, covenants and duties of, any Loan
Party or other Subsidiary arising under any Loan Document or otherwise with respect to any Loan or Letter of Credit, in each case whether direct or indirect (including those acquired by assumption), absolute or contingent, due or to become due, now
existing or 

  
 54 

 
hereafter arising and including interest and fees that accrue after the commencement by or against any Loan Party, or any Subsidiary of a Loan Party, or any Affiliate thereof of any proceeding
under any Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of whether such interest and fees are allowed claims in such proceeding, (b) obligations of any Loan Party or any other Subsidiary arising under any
Secured Hedge Agreement, and (c) Cash Management Obligations. Without limiting the generality of the foregoing, the Obligations of the Loan Parties and the Subsidiaries of Loan Parties under the Loan Documents (and of any of their Subsidiaries
to the extent they have obligations under the Loan Documents) include (i) the obligation (including Guarantee Obligations) to pay principal, interest, Letter of Credit commissions, reimbursement obligations, charges, expenses, fees, Attorney
Costs, indemnities and other amounts payable by any Loan Party or any other Subsidiary under any Loan Document and (ii) the obligation of any Loan Party or any other Subsidiary to reimburse any amount in respect of any of the foregoing that any
Lender, in its sole discretion, may elect to pay or advance on behalf of such Loan Party or such Subsidiary. 

“OECD” means the Organization for Economic Cooperation and Development. 

“OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. 

“Offered Loans” has the meaning specified in Section 2.05(e)(iii). 

“OID” has the meaning specified in Section 2.14(b)(viii). 

“Organization Documents” means, (a) with respect to any corporation, the certificate or articles of incorporation
and the bylaws (or equivalent or comparable constitutive documents with respect to any non-U.S. jurisdiction), (b) with respect to any limited liability company, the certificate or articles of formation or organization and operating agreement,
and (c) with respect to any partnership, joint venture, trust or other form of business entity, the partnership, joint venture or other applicable agreement of formation or organization and any agreement, instrument, filing or notice with
respect thereto filed in connection with its formation or organization with the applicable Governmental Authority in the jurisdiction of its formation or organization and, if applicable, any certificate or articles of formation or organization of
such entity. 
 “Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a
present or former connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under,
received or perfected a security interest under, engaged in any other transaction pursuant to or enforced any Loan Document, or sold or assigned an interest in any Loan or Loan Document). 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes
that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Loan Document, except any such Taxes
that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 3.06). 

  
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 “Outstanding Amount” means (a) with respect to the Term Loans,
Revolving Credit Loans and Swing Line Loans on any date, the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of Term Loans, Revolving Credit Loans (including any refinancing of
outstanding Unreimbursed Amounts under Letters of Credit or L/C Credit Extensions as a Revolving Credit Borrowing) and Swing Line Loans, as the case may be, occurring on such date, and (b) with respect to any L/C Obligations on any date, the
amount of such L/C Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements of
outstanding Unreimbursed Amounts under related Letters of Credit (including any refinancing of outstanding Unreimbursed Amounts under related Letters of Credit or related L/C Credit Extensions as a Revolving Credit Borrowing) by the Borrower.

 “Overnight Rate” means, for any day, the greater of (i) the Federal Funds Rate and (ii) an
overnight rate determined by the Administrative Agent, the relevant L/C Issuer, or the Swing Line Lender, as the case may be, in accordance with banking industry rules on interbank compensation. 

“Parent Guarantors” means the Intermediate Parent, the Ultimate Parent, and any other Person holding any portion of the
Equity Interests of the Borrower. 
 “Participant” has the meaning specified in Section 10.06(d).

 “Participant Register” has the meaning specified in Section 10.06(d). 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Act” means the Pension Protection Act of 2006. 

“Pension Funding Rules” means the rules of the Code and ERISA regarding minimum required contributions (including any
installment payment thereof) to Pension Plans and Multiemployer Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Code and Section 302 of ERISA, each as in effect
prior to the Pension Act and, thereafter, Section 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA. 
 “Pension Plan” means any employee pension benefit plan as such term is defined in Section 3(2) of ERISA (other than a Multiemployer Plan) that is maintained or is contributed to by
the Borrower and any ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code. 
 “Permitted Acquisition” means any acquisition that is permitted under the terms of Section 7.03(j). 

  
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 “Permitted Asset Swap” means any Asset Swap permitted to occur under the
terms of Section 7.05(m). 
 “Permitted Encumbrances” has the meaning specified in the Mortgages.

 “Permitted Equity Issuance” means any sale or issuance of any Qualified Equity Interests of the
Ultimate Parent or any direct or indirect parent of the Ultimate Parent, in each case to the extent permitted (or not prohibited) hereunder.  
 “Permitted Holders” means, collectively, (1) ABRY Partners and (2) members of management of the Borrower (or Ultimate Parent or Intermediate Parent). 

“Permitted Refinancing” means, with respect to any Person, any modification (other than a release of such Person),
refinancing, refunding, renewal or extension of any Indebtedness of such Person; provided that (a) the principal amount (or accreted value, if applicable) thereof does not exceed the principal amount (or accreted value, if applicable) of
the Indebtedness so modified, refinanced, refunded, renewed or extended except by an amount equal to unpaid accrued interest and premium thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred, in connection with such
modification, refinancing, refunding, renewal or extension and by an amount equal to any existing commitments unutilized thereunder, and as otherwise permitted under Section 7.02, (b) such modification, refinancing, refunding,
renewal or extension has a final maturity date equal to or later than the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Indebtedness being modified,
refinanced, refunded, renewed or extended, (c) at the time thereof, no Event of Default shall have occurred and be continuing, (d) to the extent such Indebtedness being so modified, refinanced, refunded, renewed or extended is subordinated
in right of payment to the Obligations, such modification, refinancing, refunding, renewal or extension is subordinated in right of payment to the Obligations on terms at least as favorable to the Lenders as those contained in the documentation
governing the Indebtedness being so modified, refinanced, refunded, renewed or extended, (e) the terms and conditions (including, if applicable, as to collateral but excluding as to subordination, interest rate and redemption premium) of any
such modified, refinanced, refunded, renewed or extended Indebtedness, taken as a whole, are not materially less favorable to the Loan Parties or the Lenders than the terms and conditions of the Indebtedness being modified, refinanced, refunded,
renewed or extended (provided that a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed
description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement, shall be
conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower within such five Business Day period that it disagrees with such determination (including a reasonable
description of the basis upon which it disagrees)), and (f) such modification, refinancing, refunding, renewal or extension is only incurred by the Person who is the obligor of the Indebtedness being so modified, refinanced, refunded, renewed
or extended. 

  
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 “Permitted Revolver Reallocation” has the meaning specified in the Revolver
Reallocation Letter. 
 “Permitted Sale Leaseback” means any Sale Leaseback consummated by the Borrower
or any Restricted Subsidiary after the Closing Date; provided that (a) no Default exists both before and after giving effect thereto, (b) any such Sale Leaseback not between (i) a Loan Party and another Loan Party or
(ii) a Restricted Subsidiary that is not a Loan Party and another Restricted Subsidiary that is not a Loan Party must be, in each case, consummated for fair value as determined at the time of consummation in good faith by the Borrower or such
Restricted Subsidiary, (c) all net proceeds and compensation received for each such Sale Leaseback is 100% cash, (d) 100% of the Net Cash Proceeds of such Sale Leaseback are used to prepay the Loans in accordance with the terms of
Section 2.05(b) (and except as provided in Section 2.05(b)), and (e) any television stations owned by the Borrower and the Mission Borrower in the same market are sold concurrently by the Borrower and the Mission
Borrower in connection with such Sale Leaseback and in accordance with the terms of this Agreement and the Mission Credit Agreement. 
 “Permitted Term B Reallocation” has the meaning specified in the Term B Reallocation Letter. 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 

“Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA, maintained for employees of a
Loan Party (or, solely with respect to such a plan subject to Title IV of ERISA or Section 412 of the Code, any ERISA Affiliate) or any such Plan to which a Loan Party (or, solely with respect to such a plan subject to Title IV of
ERISA or Section 412 of the Code, any ERISA Affiliate) is required to contribute on behalf of any of its employees. 

“Platform” has the meaning specified in Section 6.02. 

“Pledge Agreements” means, collectively, the Nexstar Pledge Agreement and the Mission Pledge Agreements. 

“Pro Forma Basis” and “Pro Forma Effect” mean, with respect to compliance with any test hereunder for
an applicable period of measurement, that all Specified Transactions and the following transactions in connection therewith shall be deemed to have occurred as of the first day of the applicable period of measurement (as of the last date in the
case of a balance sheet item) in such test: (i) income statement items (whether positive or negative) attributable to the property or Person subject to such Specified Transaction (excluding Taxes, solely, for purposes of determining
clause (iv) of the definition of “Consolidated Fixed Charge Coverage Ratio”) (A) in the case of a Disposition of all or substantially all Equity Interests in any Subsidiary of the Borrower or any division used for operations of
the Borrower or any of its Subsidiaries, shall be excluded, and (B) in the case of a Permitted Acquisition or Investment described in the definition of “Specified Transaction,” shall be included, (ii) any retirement of
Indebtedness, and (iii) any Indebtedness incurred or assumed by the Borrower or any of its Restricted Subsidiaries in connection therewith and if such Indebtedness has a floating or formula rate, shall have an

  
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implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate which is or would be in effect with respect to such Indebtedness as at the
relevant date of determination; provided that, the foregoing pro forma adjustments may be applied to any such test 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 (as determined by the Borrower in good faith) (1) directly attributable to such transaction, (2) expected to have a continuing impact on the Borrower and its Restricted Subsidiaries
and (3) factually supportable. 
 “Pro Forma Financial Statements” has the meaning specified in
Section 5.05(c). 
 “Proposed Discounted Prepayment Amount” has the meaning specified in
Section 2.05(e)(ii). 
 “Public Lender” has the meaning specified in Section 6.02.

 “Qualified Equity Interests” means any Equity Interests that are not Disqualified Equity Interests.

 “Qualifying Balances” means, as at any date, the sum of 

(a) the aggregate amount of unrestricted cash and Domestic Cash Equivalents on hand of the Borrower, its Restricted
Subsidiaries and the Mission Entities on such date (in each case, (i) free and clear of all Liens, other than Liens granted under the Loan Documents, and (ii) excluding Cash Collateral and other amounts held in accounts that hold cash for
payment of any specified payable) and 
 (b) without duplication of the amounts in clause (a)
preceding, cash on hand of the Borrower on such date that is to be used for the repayment of existing Indebtedness under any Indenture Documentation in accordance with the terms of such Indenture Documentation, and which such repayment is permitted
by the terms of this Agreement, but in each case only after an irrevocable tender offer or redemption notice with respect to such Indebtedness has been issued, and 
 in each case of (a) and (b) preceding, only to the extent such cash or Domestic Cash Equivalents, as applicable, is included in the consolidated balance sheet of the Borrower and its Restricted
Subsidiaries as of such date, which aggregate amount of unrestricted cash and Domestic Cash Equivalents shall be determined without giving pro forma effect to the proceeds of Indebtedness incurred or proposed to be incurred on such date;
provided that, notwithstanding the foregoing, for purposes of this definition (1) Qualifying Balances shall not at any time exceed the sum of (A) $75,000,000, plus (B) the amount of cash on hand of the Borrower meeting the
qualifications set forth in clause (b) preceding and (2) Qualifying Balances shall be deemed to be zero for any day on which an Event of Default shall have occurred and be continuing. 

“Qualifying Lenders” has the meaning specified in Section 2.05(e)(iv). 

“Qualifying Loans” has the meaning specified in Section 2.05(e)(iv). 

  
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 “Reallocated Term B Commitment Amount” has the meaning specified in
Section 2.01(a)(ii). 
 “Real Property” means, with respect to any Person, all of the right, title
and interest of such Person in and to land, and the improvements and fixtures located thereon, including Leaseholds. 

“Recipient” means the Administrative Agent, any Lender, any L/C Issuer or any other recipient of any payment to be made
by or on account of any obligation of any Loan Party or any Subsidiary of a Loan Party hereunder. 

“Refinancing” means the repayment, repurchase or other discharge of all Existing Indebtedness other than Surviving
Indebtedness. 
 “Refinancing Revolving Commitments” means Incremental Revolving Commitments and Incremental
Revolving Facilities that are designated by a Responsible Officer of the Borrower as “Refinancing Revolving Commitments” in a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent on or prior to the
date of incurrence. 
 “Refinancing Term Loans” means Incremental Term Loans and Incremental Term Loan
Increases that are designated by a Responsible Officer of the Borrower as “Refinancing Term Loans” in a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent on or prior to the date of incurrence.

 “Register” has the meaning specified in Section 10.06(c). 

“Rejection Notice” has the meaning specified in Section 2.05(b)(v). 

“Related Indemnified Person” means, with respect to any Indemnitee, (a) any controlling person or controlled
affiliate of such Indemnitee, (b) the respective directors, officers or employees of such Indemnitee or any of its controlling persons or controlled affiliates and (c) the respective agents, advisors or representatives of such Indemnitee
or any of its controlling persons or controlled affiliates, in the case of this clause (c) acting on behalf of such Indemnitee, controlling person or such controlled affiliate; provided that each reference to a controlled
affiliate or controlling person in this definition pertains to a controlled affiliate or controlling person involved in the Transaction. 
 “Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors, officers, employees, counsel, agents, trustees, administrators, managers,
advisors and representatives of such Person and of such Person’s Affiliates. 
 “Removal Effective Date”
has the meaning specified in Section 9.06(b). 
 “Reportable Event” means any of the events set
forth in Section 4043(c) of ERISA, other than events for which the 30-day notice period has been waived. 

  
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 “Repricing Transaction” means (a) any prepayment or repayment of Term
B Loans, with the proceeds of, or any conversion of Term B Loans into, any (i) new or replacement tranche of bank term loans (including Incremental Term Loans) (other than term A loans) or (ii) any Indebtedness incurred under
Section 7.02(u)(i), in any case bearing interest with an “effective yield” (taking into account, for example, upfront fees, interest rate spreads, interest rate benchmark floors and original issue discount, but excluding the
effect of any arrangement, structuring, syndication or other fees payable in connection therewith that are not shared with all lenders or holders of such new or replacement loans) less than the “effective yield” applicable to the Term B
Loans (as such comparative yields are determined in the reasonable judgment of the Administrative Agent consistent with generally accepted financial practices) but excluding any new or replacement loans incurred in connection with a Change of
Control and (b) any amendment (including pursuant to a Refinancing Term Loan as contemplated by Section 2.14 or replacement of a Term Loan as contemplated by Section 10.01) to the Term B Loans which reduces the
“effective yield” applicable to the Term B Loans. For purposes of the foregoing, “effective yield” per annum, shall mean, as of any date of determination, the sum of (i) the higher of (A) the Eurodollar Rate on such
date for a deposit in Dollars with a maturity of one month and (B) the Eurodollar Rate floor, if any, with respect thereto as of such date, (ii) the interest rate margins as of such date (with such interest rate margin and interest spreads
to be determined by reference to the Eurodollar Rate) and (iii) the amount of original issue discount and upfront fees thereon (converted to yield assuming a four-year average life and without any present value discount). 

“Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Term Loans or
Revolving Credit Loans, a Loan Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swing Line Loan, a Swing Line Loan Notice. 

“Required Revolving Credit Lenders” means, as of any date of determination, Revolving Credit Lenders and Mission
Revolving Credit Lenders holding more than 50% of the sum of the (a) Total Revolving Credit Outstandings (with the aggregate amount of each Revolving Credit Lender’s risk participation and funded participation in L/C Obligations and Swing
Line Loans being deemed “held” by such Revolving Credit Lender for purposes of this definition), (b) aggregate unused Revolving Credit Commitments, (c) Mission Total Revolving Credit Outstandings, and (d) aggregate unused
Mission Revolving Credit Commitments. The (i) unused Revolving Credit Commitment of, and the portion of the Total Revolving Credit Outstandings held or deemed held by, any Defaulting Lender and (ii) unused Mission Revolving Credit
Commitment of, and the portion of the Mission Total Revolving Credit Outstandings held or deemed held by, any Mission Defaulting Lender, in each case, shall be disregarded in determining Required Revolving Credit Lenders at any time; provided
that, the amount of any participation in any Swing Line Loan and Unreimbursed Amounts that such Defaulting Lender has failed to fund that have not been reallocated to and funded by another Lender shall be deemed to be held by the Lender that is the
Swing Line Lender or the relevant L/C Issuer, as the case may be, in making such determination. 
 “Required Term B
Lenders” means, as of any date of determination, Term B Lenders and Mission Term B Lenders holding more than 50% of the sum of the (a) Total Term B Loan Outstandings and (b) Mission Total Term B Loan Outstandings. The
(i) portion of the Total Term B Loan Outstandings held or deemed held by, any Defaulting Lender and (ii) portion of the Mission Total Term B Loan Outstandings held or deemed held by, any Mission Defaulting Lender, in each case, shall
be disregarded in determining Required Term B Lenders at any time. 

  
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 “Resignation Effective Date” has the meaning specified in
Section 9.06(a). 
 “Responsible Officer” means the chief executive officer, president, vice
president, chief financial officer, treasurer, assistant treasurer or controller of a specified Loan Party, and solely for purposes of the delivery of incumbency certificates pursuant to Section 4.01, the secretary or any assistant
secretary of a Loan Party. Any document delivered hereunder that is signed by a Responsible Officer of a Loan Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of
such Loan Party and such Responsible Officer shall be conclusively presumed to have acted on behalf of such Loan Party. 

“Restricted Payment” means any dividend or other distribution (whether in cash, securities or other property) with
respect to any Equity Interest of any Nexstar Entity or Mission Entity or any of their Restricted Subsidiaries, or any payment (whether in cash, securities or other property), including any sinking fund or similar deposit, on account of the
purchase, redemption, retirement, defeasance, acquisition, cancellation or termination of any such Equity Interest, or on account of any return of capital to any such Person’s stockholders, partners or members (or the equivalent of any thereof)
in respect of such Equity Interest. 
 “Restricted Subsidiary” means (a) any Subsidiary of the Borrower
that is not an Unrestricted Subsidiary, (b) when such term is used herein with the designation of “Restricted Subsidiary of the Loan Parties” or “Loan Parties and their Restricted Subsidiaries”, or other similar
designations, “Restricted Subsidiary” means each Person that meets the qualifications set forth in clause (a) preceding together with each Person meeting the qualification set forth in clause (a) of the definition of
“Restricted Subsidiary” in the Mission Credit Agreement, and (c) when such term is used herein with the designation of “Restricted Subsidiary of the Ultimate Parent”, “Restricted Subsidiary” means each Person that
meets the qualifications set forth in clause (a) preceding together with each Person that is a Subsidiary of the Ultimate Parent that is required to be a Guarantor and pledge its assets in accordance with the terms of this Agreement.

 “Retained Declined Proceeds” has the meaning specified in Section 2.05(b)(v). 

“Revolver Reallocation Letter” means that certain letter among the Borrower, the Revolving Credit Lenders and the
Mission Revolving Credit Lenders permitting under certain circumstances the reallocation of the Revolving Credit Commitments and the Mission Revolving Credit Commitments as described on Schedule 1.01(c). 

“Revolving Credit Borrowing” means a borrowing consisting of simultaneous Revolving Credit Loans of the same Type and,
in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Revolving Credit Lenders pursuant to Section 2.01(b). 
 “Revolving Credit Commitment” means, as to each Revolving Credit Lender, its obligation to (a) make Revolving Credit Loans to the Borrower pursuant to Section 2.01(b) or
Section 2.03, as applicable, (b) purchase participations in L/C Obligations in respect of Letters of Credit and (c) purchase participations in Swing Line Loans, in an aggregate principal amount at any one time outstanding not
to exceed the amount set forth opposite such Lender’s name on 

  
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Schedule 2.01 under the caption “Revolving Credit Commitment” or opposite such caption in the Assignment and Assumption pursuant to which such Lender becomes a party hereto,
as applicable, as such amount may be adjusted from time to time in accordance with this Agreement and as such Revolving Credit Commitment may be adjusted in accordance with the terms of the Revolver Reallocation Letter. The aggregate Revolving
Credit Commitments of all Revolving Credit Lenders shall be $65,000,000 on the Closing Date, as such amount may be adjusted from time to time in accordance with the terms of this Agreement and the Revolver Reallocation Letter. 

“Revolving Credit Exposure” means, as to any Revolving Credit Lender at any time, the aggregate principal amount at such
time of its outstanding Revolving Credit Loans and such Revolving Credit Lender’s participation in L/C Obligations and Swing Line Loans at such time. 
 “Revolving Credit Facility” means, at any time, the aggregate amount of the Revolving Credit Lenders’ Revolving Credit Commitments at such time. 

“Revolving Credit Lender” means, at any time, any Lender that has a Revolving Credit Commitment or that holds Revolving
Credit Loans at such time. 
 “Revolving Credit Loan” has the meaning specified in Section 2.01(b).

 “Revolving Credit Note” means a promissory note made by the Borrower payable to any Revolving Credit Lender,
or its registered assigns, evidencing Revolving Credit Loans or Swing Line Loans, as the case may be, made by such Revolving Credit Lender, substantially in the form of Exhibit C-2. 

“S&P” means Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc.,
and any successor thereto. 
 “Sale Leaseback” means any transaction or series of related transactions pursuant
to which the Borrower or any of its Restricted Subsidiaries (a) sells, transfers or otherwise disposes of any property, real or personal, whether now owned or hereafter acquired, and (b) as part of such transaction, thereafter rents or
leases such property or other property that it intends to use for substantially the same purpose or purposes as the property being sold, transferred or disposed. 
 “Sanction(s)” means any international economic sanction administered or enforced by OFAC, the United Nations Security Council, the European Union, Her Majesty’s Treasury or
other relevant sanctions authority. 
 “SEC” means the Securities and Exchange Commission, or any
Governmental Authority succeeding to any of its principal functions. 
 “Secured Hedge Agreement” means
any Swap Contract permitted under Section 7.02(c) that is entered into by and between any Loan Party or any Restricted Subsidiary and any Hedge Bank. 

  
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 “Secured Parties” means, collectively, the Administrative Agent, the
Collateral Agent, the Lenders, the L/C Issuers, the Hedge Banks, the Cash Management Banks, the Swing Line Lender, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 9.05, and the other
Persons the Obligations owing to which are or are purported to be secured by the Collateral under the terms of the Loan Documents. 
 “Securities Act” means the Securities Act of 1933. 

“Security Agreement” means, collectively, the Nexstar Security Agreement, the Mission Security Agreement, and each
Security Agreement Supplement executed and delivered pursuant to Section 6.11 and Section 6.14 and pursuant to Section 6.11 and Section 6.14 of the Mission Credit Agreement. 

“Security Agreement Supplement” has the meaning specified in the Security Agreement. 

“Security Documents” means, collectively, the Security Agreements, the Pledge Agreements, the Mortgages, each of the
deeds of trust, mortgages, collateral assignments, Security Agreement Supplements, security agreements, pledge agreements, intellectual property security agreements, assignments, account control agreements, or other agreements granting Liens or
security interests, or assignments, required to be delivered pursuant to Section 4.01, Section 6.11 or Section 6.14, or pursuant to Section 4.01, Section 6.11 or Section 6.14 of the Mission Credit
Agreement, and each of the other agreements, instruments or documents that creates or purports to create a Lien or Guarantee for the benefit of any of the Secured Parties securing all or any portion of the Obligations or the Mission Obligations.

 “Sellers” means, collectively, Newport Television and Newport Television License. 

“Senior 6 7/8% Notes due 2020” means the
67/8% Senior Notes due 2020 issued by the Borrower.

 “Senior 6 7/8% Notes due 2020 Indenture” means that certain Indenture dated
November 9, 2012, among the Borrower, the Intermediate Parent, the Mission Entities and The Bank of New York Mellon, as trustee under such Indenture, executed in connection with the Senior 67/8% Notes due 2020 and any supplement or amendment thereto.

 “Senior 6 7/8% Notes due 2020 Indenture Documentation” means the Senior 67/8% Notes due 2020, the Senior 67/8% Notes due 2020 Indenture, and all agreements and instruments
executed by the Borrower or any other Loan Parties or any Subsidiary of a Loan Party in connection with the Senior
67/8% Notes due 2020 and the Senior 67/8% Notes due 2020 Indenture. 

“Senior Second Lien Notes” means the 8.875% Senior Secured Second Lien Notes due 2017, issued by the Borrower and the
Mission Borrower. 
 “Senior Second Lien Notes Indenture” means that certain Indenture dated April 19,
2010 among the Borrower, the Mission Borrower, the Guarantors and The Bank of New York Mellon, as trustee under such Indenture, and Wilmington Trust, FSB, executed in connection with the Senior Second Lien Notes, and any supplement or amendment
thereto. 

  
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 “Senior Second Lien Notes Indenture Documentation” means the Senior Second
Lien Notes, the Senior Second Lien Notes Indenture, and all agreements and instruments executed by the Borrower or any other Loan Parties or any Subsidiary of a Loan Party in connection with the Senior Second Lien Notes and the Senior Second Lien
Notes Indenture, including without limitation, all agreements granting any second Lien to secure any of the Senior Second Lien Notes. 
 “Senior Second Lien Notes Intercreditor Agreement” means that certain Intercreditor Agreement executed as of April 19, 2010 between the Administrative Agent, The Bank of New York
Mellon, the Mission Borrower, the Borrower, the other Nexstar Entities, David S. Smith and Wilmington Trust FSB. 

“Senior Second Lien Termination Date” means such date on which the Senior Second Liens Notes have all been repaid
in full, extinguished and terminated, regardless of whether by redemption, repayment, defeasance or otherwise and the Senior Second Lien Notes Indenture Documentation has been terminated. 

“Shared Services Agreement” means a shared services arrangement or other similar contractual arrangement pursuant to
which a Person owning a television broadcast station provides certain technical, business, management, administrative, back-office or other services in support of the business or operation of a second television broadcast station owned by another
Person (who is not an Affiliate of the first Person). 
 “Shared Services Party” means, with respect to any
Shared Services Party Station, any Person (including any Mission Entity) that (a) holds the Broadcast Licenses with respect to such Shared Services Party Station, (b) in connection therewith, is a party to a Sharing Arrangement with any
Nexstar Entity with respect to such Shared Services Party Station, and (c) incurs any Indebtedness, all or any portion of which is required to be guaranteed by, or secured by any of the assets or properties of, any Loan Party. 

“Shared Services Party Acquisition” means the acquisition of a Shared Services Party Station, whether by means of the
acquisition of all of the assets of such Shared Services Party Station by a Shared Services Party, the acquisition of a portion of the assets of such Shared Services Party Station by a Shared Services Party with the remaining portion being acquired
by one or more Nexstar Entities or otherwise. 
 “Shared Services Party Credit Facility” means a loan facility
to be entered into by a Shared Services Party and the lenders party thereto for the purpose of financing the purchase price of a Shared Services Party Acquisition and paying any fees, commissions and expenses in connection therewith regardless of
whether such Indebtedness is guaranteed by any Nexstar Entity. 
 “Shared Services Party Station” means
(a) any Mission Station, and (b) any television broadcast station, other than a Station (including, without limitation, certain licenses (including all permits, licenses and authorizations of the FCC with respect to such station),
equipment, real property, contracts and intellectual property and other assets related to the operation of such station), that is subject to a Sharing Arrangement entered into by a Nexstar Entity. 

  
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 “Sharing Arrangement” means any Shared Services Agreement, Joint Sales
Agreement or Local Marketing Agreement. 
 “Sold Entity or Business” has the meaning specified in the
definition of the term “Consolidated EBITDA.” 
 “Solvent” and “Solvency” mean, with
respect to any Person on any date of determination, that on such date (a) the fair value of the property (for the avoidance of doubt, calculated to include goodwill and other intangibles) of such Person is greater than the total amount of
liabilities, including contingent liabilities, of such Person (it being understood that the amount of contingent liabilities at any time shall be computed as the amount that, in light of all the facts and circumstances existing at such time,
represents the amount that can be reasonably be expected to become an actual or matured liability), (b) the present fair salable value of the assets of such Person is not less than the amount that will be required to pay the probable liability
of such Person on its debts as they become absolute and matured, (c) such Person does not intend to, and does not believe that it will, incur debts or liabilities beyond such Person’s ability to pay such debts and liabilities as they
mature, (d) such Person is not engaged in business or a transaction, and is not about to engage in business or a transaction, for which such Person’s property would constitute an unreasonably small capital, and (e) such Person is able
to pay its debts and liabilities, subordinated, contingent or otherwise, as they become absolute and matured. The amount of contingent liabilities at any time shall be computed as the amount that, in the light of all the facts and circumstances
existing at such time, represents the amount that can reasonably be expected to become an actual or matured liability. 

“Specified Acquisition Agreement Representations” means such of the representations made by the Sellers with respect to
the Target Assets in the Acquisition Agreements as are material to the interests of the Lenders, but only to the extent that the applicable (a) Nexstar Entity has the right not to consummate the Newport Acquisition or (b) Mission Entity
has the right not to consummate the Little Rock Acquisition, as applicable, or to terminate its obligations under the applicable Acquisition Agreement as a result of a breach of such representations in the Acquisition Agreements. 

“Specified Equity Contribution” means any direct or indirect equity investment in the Borrower in cash in the form of
common Equity Interests (or other Qualified Equity Interests reasonably acceptable to the Administrative Agent) made pursuant to Section 8.05. 
 “Specified Transaction” means any Investment (including the Newport Acquisition and the Little Rock Acquisition), Disposition, incurrence or repayment of Indebtedness, Restricted Payment,
Subsidiary designation (as a Restricted Subsidiary or an Unrestricted Subsidiary), discontinuance of operations, the incurrence of Incremental Term Loans or Incremental Revolving Commitments, or any other event that by the terms of this Agreement
requires such test to be calculated on a “Pro Forma Basis” or after giving “Pro Forma Effect”; provided that any increase in the Revolving Credit Commitment, for purposes of this “Specified Transaction”
definition, shall be deemed to be fully drawn; provided, further, that any such Specified Transaction having an aggregate value of less than $5,000,000 shall not be calculated on a “Pro Forma Basis” or after giving “Pro
Forma Effect.” 

  
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 “Sponsor” means each of ABRY Partners and its Affiliates and funds or
partnerships managed by it or any of its Affiliates, but not including, however, any of their portfolio companies that do not own Equity Interests directly or indirectly in any of the Loan Parties or any of their Affiliates. 

“Station” means, at any time and with respect to the television broadcast stations of the Borrower (or, as applicable
any Subsidiary of the Borrower) (a) as set forth on Schedule 1.01(b) hereto, or (b) as acquired, directly or indirectly, by a Nexstar Entity after the Closing Date pursuant to a transaction permitted under the Loan Documents;
provided, that any such television broadcast station that ceases to be owned, directly or indirectly, by a Nexstar Entity pursuant to a transaction permitted under the Loan Documents shall, upon the consummation of such transaction, cease to
be a “Station” hereunder. This definition of “Station” may be used with respect to any single television station meeting any of the preceding requirements or all such television stations, as the context requires. 

“Station Sharing Arrangement” means any Sharing Arrangement under which a Person, other than a Nexstar Entity, provides
services or obtains the right to provide programming to, or sells advertising availabilities on or with respect to, a Station. 

“Strategic Shared Services Party” means any Person, other than a Shared Services Party, that is party to a Sharing
Arrangement with any Nexstar Entity. 
 “Subordinated Debt” means Indebtedness incurred by a Loan Party or any
Restricted Subsidiary of a Loan Party that is subordinated in right of payment to the prior payment of all Obligations of such Loan Party or such Restricted Subsidiary of a Loan Party under the Loan Documents, in each case only to the extent the
principal amount of such Subordinated Debt is in excess of the Threshold Amount. 
 “Subordinated Debt
Documents” means any agreement, indenture and instrument pursuant to which any Subordinated Debt is issued, in each case as amended to the extent permitted under the Loan Documents. 

“Subordination Provisions” has the meaning specified in Section 8.01(l). 

“Subsidiary” of a Person means a corporation, partnership, joint venture, limited liability company or other business
entity of which a majority of the shares of securities or other interests having ordinary voting power for the election of directors or other governing body (other than securities or interests having such power only by reason of the happening of a
contingency) are at the time beneficially owned, or the management of which is otherwise controlled, directly, or indirectly through one or more intermediaries, or both, by such Person. Unless otherwise specified, all references herein to a
“Subsidiary” or to “Subsidiaries” shall (a) refer to a Subsidiary or Subsidiaries of the Borrower, and (b) include the Mission Entities to the extent specified in, and in accordance with the terms of,
Section 1.03(d) (but only to the extent specified by Section 1.03(d)). 
 “Subsidiary
Guarantors” means, collectively, the Subsidiaries of the Borrower that are Guarantors. 

  
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 “Surviving Indebtedness” has the meaning specified in
Section 7.02(s). 
 “Swap Contract” means (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 any 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, which 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. 
 “Swap Termination Value” means, in respect of any one or more Swap Contracts, after taking into
account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such
termination value(s), and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the mark-to-market value(s) for such Swap Contracts, as determined based upon one or more mid-market or other readily
available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of a Lender). 
 “Swing Line Borrowing” means a borrowing of a Swing Line Loan pursuant to Section 2.04. 
 “Swing Line Facility” means the revolving credit facility made available by the Swing Line Lender pursuant to Section 2.04. 

“Swing Line Lender” means Bank of America in its capacity as provider of Swing Line Loans, or any successor swing line
lender hereunder. 
 “Swing Line Loan” has the meaning specified in Section 2.04(a). 

“Swing Line Loan Notice” means a notice of a Swing Line Borrowing pursuant to Section 2.04(b), which, if in
writing, shall be substantially in the form of Exhibit B, or in such other form agreed to by the Borrower and the Administrative Agent. 
 “Swing Line Obligations” means, as at any date of determination, the aggregate principal amount of all Swing Line Loans outstanding. 

“Swing Line Sublimit” means an amount equal to the lesser of (a) $10,000,000 and (b) the aggregate principal
amount of the Revolving Credit Commitments. The Swing Line Sublimit is part of, and not in addition to, the Revolving Credit Commitments. 

  
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 “Syndication Agent” means UBS Securities LLC in its capacity as Syndication
Agent under this Agreement. 
 “Target Assets” means all assets being acquired pursuant to the Acquisition
Agreements. 
 “Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings
(including backup withholding), assessments, fees or other charges imposed by any Governmental Authority, including any interest, additions to tax or penalties applicable thereto. 

“Television Broadcasting Business” means a business substantially all of which consists of the construction, ownership,
operation, management, promotion, extension or other utilization of any type of television broadcasting system or any similar television broadcasting business, including the syndication of television programming, the obtaining of a License or
franchise to operate such a system or business, and activities incidental thereto, such as providing production services, operating Internet-based information services and selling advertising for such services, and developing uses other than
broadcasting for the digital spectrum used by television stations. 
 “Term B Advance Period” means that period
commencing on the Closing Date and ending on the Term B Advance Period Termination Date. 
 “Term B Advance Period
Termination Date” means June 3, 2013. 
 “Term B Borrowing” means a borrowing consisting of Term
B Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Term B Lenders pursuant to Section 2.01(a). 

“Term B Commitment” means, as to each Term B Lender, its obligation to make a Term B Loan to the Borrower
pursuant to Section 2.01(a) in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 under the caption “Term B Commitment” or
in the Assignment and Assumption pursuant to which such Term B Lender becomes a party hereto, as applicable, as such amount may be (i) adjusted from time to time in accordance with this Agreement and (ii) increased in accordance with
the terms of the Term B Reallocation Letter. The initial aggregate amount of the Term B Commitments is $246,000,000, as such amount may be increased in accordance with the terms of the Term B Reallocation Letter. 

“Term B Facility” means, at any time, (a) on or prior to the Closing Date, the aggregate amount of the Term B
Commitments at such time and (b) thereafter, the aggregate principal amount of the Term B Loans of all Term B Lenders outstanding at such time. 
 “Term B Lender” means at any time, any Lender that has a Term B Commitment or a Term B Loan at such time. 
 “Term B Loan” means a Loan made pursuant to Section 2.01(a). 
 “Term B Loan Applicable Rate Adjustment Date” means the first date after March 31, 2013 on which each of the following conditions in clauses (a), (b) and (c) following
is satisfied: (a) there exists no Default on such date, (b) the Consolidated Total Net Leverage Ratio is less 

  
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than 4.75:1.00 as demonstrated in a Compliance Certificate delivered to the Administrative Agent for the fiscal quarter end March 31, 2013, or for any fiscal quarter end thereafter, and
(c) the first date on which (i) both the Term B Lenders and Mission Term B Lenders have advanced Term B Loans and Mission Term B Loans in the full amount of the aggregate Term B Commitments and the aggregate Mission Term B
Commitments, respectively or (ii) the Term B Advance Period Termination Date has occurred and the Term B Commitments have been terminated. 
 “Term B Note” means a promissory note made by the Borrower in favor of a Term B Lender, or its registered assigns, evidencing Term B Loans made by such Term B Lender,
substantially in the form of Exhibit C-1. 
 “Term B Reallocation Letter” means that certain letter
among the Borrower, the Term B Lenders and the Mission Term B Lenders permitting under certain circumstances the reallocation of the Term B Commitment and Mission Term B Commitment as described on Schedule 1.01(c). 

“Term Borrowing” means a Term B Borrowing or a borrowing in respect of Incremental Term Loans, as the context requires.

 “Term Lender” means, at any time, any Lender that has a Term B Commitment, a Term B Loan or an Incremental
Term Loan at such time. 
 “Term Loan” means a Term B Loan, an Incremental Term Loan or an Extended Term Loan,
as the context requires. 
 “Term Loan Commitments” means a Term B Commitment or a commitment in respect
of any Incremental Term Loans or any combination thereof, as the context may require. 
 “Test Period” means,
at any date of determination, the most recently completed four consecutive fiscal quarters of the Borrower ending on or prior to such date for which financial statements have been or are required to be delivered pursuant to
Section 6.01(a) or (b). 
 “Threshold Amount” means $25,000,000. 

“Ticking Fee” has the meaning specified in Section 2.09(c). 

“Total Assets” means the total assets of the Nexstar Entities and the Mission Entities on a consolidated basis, as shown
on the most recent balance sheet of the Ultimate Parent delivered pursuant to Section 6.01(a) or (b) (or, for the period prior to the time any such statements are so delivered pursuant to such sections, the pro forma
financial statements of the Ultimate Parent giving effect to the Transaction). 
 “Total Outstandings” means
the aggregate Outstanding Amount of all Loans and all L/C Obligations. 
 “Total Revolving Credit Outstandings”
means, on any date of determination, the aggregate Outstanding Amount of all Revolving Credit Loans, Swing Line Loans and L/C Obligations on such date. 

  
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 “Total Term B Loan Outstandings” means on any date of determination, the
aggregate Outstanding Amount of all Term B Loans on such date. 
 “Transaction” means, collectively,
(a) the Newport Acquisition, (b) the funding of the Term Loans and the Initial Revolving Borrowing on the Closing Date, (c) the Refinancing, (d) the consummation of any other transactions in connection with the foregoing and
(e) the payment of the fees and expenses incurred in connection with any of the foregoing. 
 “Type”
means, with respect to a Loan, its character as a Base Rate Loan or a Eurodollar Rate Loan. 
 “UCC” means the
Uniform Commercial Code as in effect in the State of New York; provided that, if perfection or the effect of perfection or non-perfection or the priority of any security interest in any Collateral is governed by the Uniform Commercial Code as
in effect in a jurisdiction other than the State of New York, “UCC” means the Uniform Commercial Code as in effect from time to time in such other jurisdiction for purposes of the provisions hereof relating to such perfection,
effect of perfection or non-perfection or priority. 
 “Ultimate Parent” means Nexstar Broadcasting Group,
Inc., a Delaware corporation. 
 “United States” and “U.S.” mean the United States of America.

 “Unreimbursed Amount” has the meaning specified in Section 2.03(c)(i). 

“Unrestricted Subsidiary” means (a) as of the Closing Date, each Subsidiary of the
Borrower and the Mission Borrower listed on Schedule 1.01(e), (b) each Subsidiary of the Borrower and the Mission Borrower designated by the board of directors of the Borrower and the Mission Borrower as an Unrestricted Subsidiary
pursuant to Section 2.18 subsequent to the Closing Date and (c) any Subsidiary of an Unrestricted Subsidiary; provided that, notwithstanding the foregoing, no Subsidiary or Mission Subsidiary that executes and delivers (or
has executed and delivered) (i) any Loan Document, including without limitation a Guaranty or any Security Document, or (ii) a guarantee of (or provides or has provided any other credit support for) the Senior Second Lien Notes, the Senior
67/8% Notes due 2020, any Subordinated Debt, or any other
public indebtedness of any Nexstar Entity or Mission Entity, or of any Restricted Subsidiary of a Loan Party, such Subsidiary or such Mission Subsidiary, as applicable, shall be designated as an Unrestricted Subsidiary. Notwithstanding the foregoing
or any other provision in this Agreement or any other Loan Document to the contrary, no Subsidiary or Mission Subsidiary shall be considered an “Unrestricted Subsidiary” if it does not receive similar treatment under all of the Indenture
Documentation. 
 “U.S. Person” means any Person that is a “United States Person” as defined in
Section 7701(a)(30) of the Code. 
 “U.S. Tax Compliance Certificate” has the meaning specified in
Section 3.01(e)(ii)(B)(III). 

  
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 “Weighted Average Life to Maturity” means, when applied to any Indebtedness
at any date, the number of years obtained by dividing: (a) the sum of the products obtained by multiplying (i) 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 (ii) the number of years (calculated to the nearest one-twelfth) that will elapse between such date and the making of such payment by (b) the then outstanding principal amount of such
Indebtedness. 
 “Wholly-Owned” means, with respect to a Subsidiary of a Person, a Subsidiary of such Person
all of the outstanding Equity Interests of which (other than (a) director’s qualifying shares, (b) shares issued to foreign nationals to the extent required by applicable Law and (c) other de minimus share issuances required by
local Law) are owned by such Person and/or by one or more wholly-owned Subsidiaries of such Person. 
 1.02 Other
Interpretive Provisions. With reference to this Agreement and each other Loan Document, unless otherwise specified herein or in such other Loan Document: 
 (a) The definitions of terms herein shall apply equally to the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine,
feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” The word “will” shall
be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of or reference to any agreement, instrument or other document (including any Organization
Document) shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such amendments, supplements or modifications set forth herein
or in any other Loan Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words “herein,” “hereof” and
“hereunder,” and words of similar import when used in any Loan Document, shall be construed to refer to such Loan Document in its entirety and not to any particular provision thereof, (iv) all references in a Loan Document to
Articles, Sections, Preliminary Statements, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Preliminary Statements, Exhibits and Schedules to, the Loan Document in which such references appear, (v) any
reference to any law shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such law and any reference to any law or regulation shall, unless otherwise specified, refer to such law or regulation as
amended, modified or supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and intangible assets
and properties, including cash, securities, accounts and contract rights. 
 (b) 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.” 
 (c) Section headings herein and in the other Loan
Documents are included for convenience of reference only and shall not affect the interpretation of this Agreement or any other Loan Document. 

  
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 1.03 Accounting Terms; Calculation of Financial Covenants and other Financial Ratios and
Terms. 
 (a) Generally. 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 applied in a manner consistent with that used in
preparing the Audited Financial Statements, except as otherwise specifically prescribed herein. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained
herein, Indebtedness of the Borrower and its Subsidiaries shall be deemed to be carried at 100% of the outstanding principal amount thereof, and the effects of FASB ASC 825 on financial liabilities shall be disregarded. 

(b) Changes in GAAP. If at any time any change in GAAP (including the adoption of IFRS) would affect the computation of any
financial ratio or requirement set forth in any Loan Document, and either the Borrower or the Majority Lenders shall so request, the Administrative Agent and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve
the original intent thereof in light of such change in GAAP (subject to the approval of the Majority Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to
such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation
between calculations of such ratio or requirement made before and after giving effect to such change in GAAP. Without limiting the foregoing, leases shall continue to be classified and accounted for on a basis consistent with that reflected in the
Audited Financial Statements for all purposes of this Agreement, notwithstanding any change in GAAP relating thereto, unless the parties hereto shall enter into a mutually acceptable amendment addressing such changes, as provided for above.

 (c) Consolidation of Variable Interest Entities. All references herein to consolidated financial statements of
Borrower and its Subsidiaries or to the determination of any amount for the Borrower and its Subsidiaries on a consolidated basis or any similar reference shall, in each case, be deemed to include each variable interest entity that the Borrower is
required to consolidate pursuant to FASB ASC 810 as if such variable interest entity were a Subsidiary as defined herein. 
 (d)
Calculation of Financial Covenants, and other Financial Ratios and Results. With respect to the Borrower and its Restricted Subsidiaries, in calculating Financial Covenants, other financial ratios or results of operations, or financial
performance in any manner (including without limitation the calculation of Excess Cash Flow) and for financial reporting purposes, the consolidated financial position and results of operations of the Mission Borrower and the Mission Restricted
Subsidiaries (including without limitation, all Indebtedness, other liabilities, revenues and other income) shall be included as if the Mission Borrower is a Restricted Subsidiary of the Borrower and any television stations owned by a Mission Entity
is a “Station,” so long as Sharing Arrangements between the Mission Entities and the Borrower or one or more Restricted Subsidiaries of the Borrower, covering all of the Mission Stations, are in full force and effect.
Notwithstanding the foregoing, inclusion of the financial position and results of the 

  
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Mission Entities shall at all times be without duplication; to the extent any provision of this Agreement, the Mission Credit Agreement or any other Loan Document or Mission Loan Document already
includes the result of the Mission Entities, this provision shall not operate to duplicate any such included information. 
 (e)
Notwithstanding anything to the contrary herein, for purposes of determining compliance with any test contained in this Agreement with respect to any period during which any Specified Transaction occurs, the Consolidated Total Net Leverage Ratio,
the Consolidated Fixed Charge Coverage Ratio, the Consolidated Total Secured Debt Leverage Ratio, the Consolidated First Lien Leverage Ratio and the Consolidated First Lien Net Leverage Ratio shall be calculated with respect to such period and such
Specified Transaction on a Pro Forma Basis. 
 1.04 Rounding. Any financial ratios required to be satisfied in order for
a specific action to be permitted under this Agreement or required to be maintained by the Borrower pursuant to 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). 
 1.05 Timing of Payment or Performance. When the payment of any obligation or the performance of any covenant, duty or obligation is stated to be due or performance required on a day which is not a
Business Day, the date of such payment (other than as described in the definition of Interest Period) or performance shall extend to the immediately succeeding Business Day. 
 1.06 Times of Day. Unless otherwise specified, all references herein to times of day shall be references to central time (daylight or standard, as applicable). 

1.07 Letter of Credit Amounts. Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to
be the stated amount of such Letter of Credit in effect at such time; provided, however, that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one or more
automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in
effect at such time. For all purposes of this Agreement, if on any date of determination a Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of
Credit shall be deemed to be “outstanding” in the amount so remaining available to be drawn. 

  
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 ARTICLE II 
 THE COMMITMENTS AND CREDIT EXTENSIONS 
 2.01 The Loans. 

(a) The Term B Loans. Subject to the terms and conditions set forth herein, 

(i) each Term B Lender severally agrees to make a single loan to the Borrower on the Closing Date in an aggregate
principal amount not to exceed such Term B Lender’s Term B Commitment as it is in effect on the Closing Date. The Term B Borrowing shall consist of Term B Loans made simultaneously by the Term B Lenders in accordance
with their respective Term B Commitments. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided herein; and

 (ii) after the Closing Date and until the Term B Advance Period Termination Date, the Term B Commitment of
each Term B Lender may be increased one time pursuant to a Permitted Term B Reallocation by the Borrower between the Term B Commitment and the Mission Term B Commitment of each Term B Lender. The Permitted Term B Reallocation shall be
limited to a reallocation of all or any portion of the $60,000,000 Mission Term B Commitment that is available after the Mission Closing Date in accordance with the provisions of Section 2.01(a)(ii) of the Mission Credit Agreement and in
accordance with the Term B Reallocation Letter (such reallocated amount, the “Reallocated Term B Commitment Amount”). In connection with any Permitted Term B Reallocation, at the request of the Administrative Agent or any Term
B Lender, the Borrower shall execute and deliver to the Administrative Agent replacement Term B Notes in an amount equal to each Term B Lender’s Term B Commitment as adjusted in accordance with the terms of the Term B Reallocation Letter.
Availability of the Reallocated Term B Commitment Amount shall be subject to the terms and conditions of this Agreement and to the additional following terms: 

(A) each Term B Lender severally agrees to make one subsequent term loan to the Borrower on any Business Day during the
Term B Advance Period for the Term B Facility, in an aggregate principal amount equal to such Term B Lender’s Applicable Term B Percentage of the Reallocated Term B Commitment Amount, provided that, notwithstanding the
foregoing, such subsequent term loan will only be available to be drawn by the Borrower during the Term B Advance Period if 
 (I) the proceeds of such Term B Borrowing are used concurrently (or substantially simultaneously) with the funding of any such Term B Loan, to consummate any Identified Acquisition, and/or another
acquisition or acquisitions agreed to by the Administrative Agent and the Borrower, so long as (1) on such date of Term B Borrowing, each such acquisition meets all the requirements of a Permitted Acquisition (and such acquisitions shall be
treated in all respects as acquisitions in accordance with the terms of Section 7.03(j)) and (2) the amount of such Term B Borrowing is not in excess of the sum of the purchase price of such acquisitions and the costs and expenses
related thereto; or 

  
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 (II) an amount not less than the Reallocated Term B Commitment Amount has
been deposited in an escrow account at the Administrative Agent by the Borrower, subject to a control agreement to secure the Obligations and the Mission Obligations for the benefit of the Secured Parties, and subject to an escrow agreement
satisfactory to the Administrative Agent and the Borrower providing that (1) such escrowed funds deposited by the Borrower will be used to fund any Identified Acquisition and/or any other acquisition or acquisitions agreed to by the Borrower
and the Administrative Agent, and the costs and expenses related thereto, in each case in accordance with substantially similar terms as set forth in clause (I) preceding, or (2) to prepay the Term B Loans upon release provisions
negotiated by the parties in good faith; or 
 (III) any combination of the foregoing clauses (I)
and (II) shall have occurred in an aggregate amount totaling not less than the Reallocated Term B Commitment Amount. 
 (B) On and after the Term B Advance Period Termination Date, no Lender shall be obligated to make any Term B Loan. Each Term B Borrowing shall consist of Term B Loans made simultaneously by the Term
B Lenders in accordance with their respective Term B Commitments. Amounts borrowed under this Section 2.01(a) and repaid or prepaid may not be reborrowed. Term B Loans may be Base Rate Loans or Eurodollar Rate Loans as further provided
herein. 
 (b) The Revolving Credit Loans. Subject to the terms and conditions set forth herein, each Revolving Credit
Lender severally agrees to make loans (each such loan, a “Revolving Credit Loan”) to the Borrower from time to time, on any Business Day during the Availability Period, in an aggregate principal amount not to exceed at any time
outstanding the amount of such Lender’s Revolving Credit Commitment; provided, however, that after giving effect to any such Revolving Credit Borrowing, (i) the Total Revolving Credit Outstandings shall not exceed the
Revolving Credit Facility, and (ii) the Revolving Credit Exposure of any Lender shall not exceed such Revolving Credit Lender’s Revolving Credit Commitment. Within the limits of each Revolving Credit Lender’s Revolving Credit
Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01(b), prepay under Section 2.05, and reborrow under this Section 2.01(b). Revolving Credit Loans may
be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. 
 (c) Permitted Revolver Reallocation. Each
Permitted Revolver Reallocation shall be limited to a reallocation of the Aggregate Available Revolving Credit Commitment and the Mission Aggregate Available Revolving Credit Commitment. In connection with each such Permitted Revolver Reallocation,
at the request of the Administrative Agent or any Revolving Credit Lender, the Borrower shall execute and deliver to the Administrative Agent replacement Revolving Credit Notes in an amount equal to each Revolving Credit Lender’s Revolving
Credit Commitment as adjusted in accordance with the terms of the Revolver Reallocation Letter. 

  
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 2.02 Borrowings, Conversions and Continuations of Loans. (a) Each Term
Borrowing, each Revolving Credit Borrowing, each conversion of Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative Agent, which may be given
by telephone. Each such notice must be received by the Administrative Agent not later than 10:00 a.m. (i) three Business Days prior to the requested date of any Borrowing or continuation of Eurodollar Rate Loans or of any conversion of
Base Rate Loans to Eurodollar Rate Loans, and (ii) on the requested date of any Borrowing of Base Rate Loans or any conversion of Eurodollar Rate Loans to Base Rate Loans; provided, however, that if the Borrower wishes to request
Eurodollar Rate Loans having an Interest Period other than one, two, three or six months in duration as provided in the definition of “Interest Period,” the applicable notice must be received by the Administrative Agent not later than
11:00 a.m. four Business Days prior to the requested date of such Borrowing, conversion or continuation, whereupon the Administrative Agent shall give prompt notice to the Appropriate Lenders of such request and determine whether the requested
Interest Period is acceptable to all of them. Not later than 10:00 a.m., three Business Days before the requested date of such Borrowing, conversion or continuation, the Administrative Agent shall notify the Borrower (which notice may be by
telephone) whether or not the requested Interest Period has been consented to by all the Lenders. Each telephonic notice by the Borrower pursuant to this Section 2.02(a) must be confirmed promptly by delivery to the Administrative Agent
of a written Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or continuation of Eurodollar Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of
$500,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of $250,000 or a whole multiple of $100,000 in excess thereof. Each
Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Term Borrowing, a Revolving Credit Borrowing, a conversion of Loans from one Type to the other, or a continuation of Eurodollar Rate Loans,
(ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the Type of Loans to be
borrowed or to which existing Loans are to be converted, and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of Loan in a Loan Notice or fails to give a timely notice
requesting a conversion or continuation, then the applicable Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the Interest Period then in effect with
respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans in any such Loan Notice, but fails to specify an Interest Period, it will be deemed to have specified
an Interest Period of one month. For the avoidance of doubt, the Borrower and the Lenders acknowledge and agree that any conversion or continuation of an existing Loan shall be deemed to be a continuation of that Loan with a converted interest rate
methodology and not a new Loan. Notwithstanding anything to the contrary herein, a Swing Line Loan may not be converted to a Eurodollar Rate Loan. 

  
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 (b) Following receipt of a Loan Notice, the Administrative Agent shall promptly notify each
Lender of the amount of its Applicable Percentage under the applicable Class of Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Lender of the details of any
automatic conversion to Base Rate Loans or continuation described in the preceding subsection. In the case of each Borrowing, each Appropriate Lender shall make the amount of its Loan available to the Administrative Agent in immediately available
funds at the Administrative Agent’s Office not later than 12:00 noon on the Business Day specified in the applicable Loan Notice. Upon satisfaction of the applicable conditions set forth in Section 4.02 (and, if such Borrowing is
the initial Credit Extension, Section 4.01), the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent either by (i) crediting the account of the
Borrower on the books of Bank of America with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower;
provided, however, that if, on the date a Loan Notice with respect to a Revolving Credit Borrowing is given by the Borrower, there are L/C Borrowings outstanding, then the proceeds of such Revolving Credit Borrowing, first,
shall be applied to the payment in full of any such L/C Borrowings, and second, shall be made available to the Borrower as provided above. 
 (c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted only on the last day of an Interest Period for such Eurodollar Rate Loan, unless the Borrower pays the amount
due, if any, under Section 3.05 in connection therewith. During the existence of an Event of Default, the Administrative Agent or the Majority Lenders may require that no Loans may be converted to or continued as Eurodollar Rate Loans
without the consent of the Majority Lenders. 
 (d) The Administrative Agent shall promptly notify the Borrower and the Lenders
of the interest rate applicable to any Interest Period for Eurodollar Rate Loans upon determination of such interest rate. The determination of the Eurodollar Rate by the Administrative Agent shall be conclusive in the absence of manifest error. At
any time Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and the Lenders of any change in Bank of America’s prime rate used in determining the Base Rate promptly following the public announcement of such
change. 
 (e) Anything in subsections (a) to (d) above to the contrary notwithstanding after giving effect to all
Term Borrowings and Revolving Credit Borrowings, all conversions of Term Loans and Revolving Credit Loans from one Type to the other, and all continuations of Term Loans and Revolving Credit Loans as the same Type, there shall not be
more than ten (10) Interest Periods in effect for Term Borrowings and Revolving Credit Borrowings. 
 (f) Anything in this
Section 2.02 to the contrary notwithstanding, the Borrower may not select the Eurodollar Rate for the initial Credit Extension. 
 2.03 Letters of Credit. 
 (a) The Letter of Credit Commitment.

  
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 (i) Subject to the terms and conditions set forth herein, (A) each L/C
Issuer agrees, in reliance upon the agreements of the Revolving Credit Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration
Date, to issue Letters of Credit for the account of the Borrower or its Subsidiaries, and to amend or renew Letters of Credit previously issued by it, in accordance with subsection (b) below, and (2) to honor drawings under the
Letters of Credit, and (B) the Revolving Credit Lenders severally agree to participate in Letters of Credit issued for the account of the Borrower or its Subsidiaries and any drawings thereunder; provided that (a) after giving
effect to any L/C Credit Extension with respect to any Letter of Credit, the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility, and (b) no L/C Issuer shall be obligated to make any L/C Credit Extension with
respect to any Letter of Credit and no Revolving Credit Lender shall be obligated to participate in any Letter of Credit if after giving effect to such L/C Credit Extension, (x) the Revolving Credit Exposure of any Revolving Credit Lender would
exceed such Revolving Credit Lender’s Revolving Credit Commitment or (y) the Outstanding Amount of the L/C Obligations would exceed the Letter of Credit Sublimit. Each request by the Borrower for the issuance or amendment of a Letter of
Credit shall be deemed to be a representation by the Borrower that the L/C Credit Extension so requested complies with the conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and
conditions hereof, the Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have
been drawn upon and reimbursed. 
 (ii) An L/C Issuer shall not issue any Letter of Credit if: 

(A) subject to Section 2.03(b)(iii), the expiry date of the requested Letter of Credit would occur more than
twelve months after the date of issuance or last renewal, unless the Required Revolving Credit Lenders have approved such expiry date; or 
 (B) subject to Section 2.03(b)(iii), the expiry date of the requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless (x) all the Revolving Credit Lenders
and such L/C Issuer have approved such expiry date or (y) the Borrower has entered into arrangements reasonably satisfactory to the relevant L/C Issuer to Cash Collateralize the Outstanding Amount of such L/C Obligations or backstop such Letter
of Credit on the later of (I) the date of issuance of such Letter of Credit and (II) the 30th day prior to the Letter of Credit Expiration Date. 
 (iii) An L/C
Issuer shall not be under any obligation to issue any Letter of Credit if: 
 (A) any order, judgment or decree
of any Governmental Authority or arbitrator shall by its terms purport to enjoin or restrain such L/C Issuer from issuing the Letter of Credit, or any Law applicable to such L/C Issuer or any 

  
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request or directive (whether or not having the force of law) from any Governmental Authority with jurisdiction over such L/C Issuer shall prohibit, or request that such L/C Issuer refrain from,
the issuance of letters of credit generally or the Letter of Credit in particular or shall impose upon such L/C Issuer with respect to the Letter of Credit any restriction, reserve or capital requirement (for which such L/C Issuer is not otherwise
compensated for hereunder) not in effect on the Closing Date, or shall impose upon such L/C Issuer any unreimbursed loss, cost or expense which was not applicable on the Closing Date and which such L/C Issuer is not otherwise compensated for
hereunder and in good faith deems material to it; 
 (B) the issuance of the Letter of Credit would violate one
or more policies of such L/C Issuer applicable to letters of credit generally; 
 (C) except as otherwise agreed
by the Administrative Agent and such L/C Issuer, the Letter of Credit is in an initial stated amount less than $20,000; 
 (D) the Letter of Credit is to be denominated in a currency other than Dollars; 
 (E) any Revolving Credit Lender is at that time a Defaulting Lender, unless such L/C Issuer has entered into arrangements, including the delivery of Cash Collateral, satisfactory to such L/C Issuer (in
its sole discretion) with the Borrower or such Lender to eliminate such L/C Issuer’s Fronting Exposure (after giving effect to Section 2.16(a)(iv)) with respect to the Defaulting Lender arising from either the Letter of Credit then
proposed to be issued or that Letter of Credit and all other L/C Obligations as to which such L/C Issuer has Fronting Exposure, as it may elect in its sole discretion; or 

(F) the Letter of Credit contains any provisions for automatic reinstatement of the stated amount after any drawing
thereunder. 
 (iv) An L/C Issuer shall not amend any Letter of Credit if such L/C Issuer would not be permitted
at such time to issue the Letter of Credit in its amended form under the terms hereof. 
 (v) An L/C Issuer shall
be under no obligation to amend any Letter of Credit if (A) such L/C Issuer would have no obligation at such time to issue the Letter of Credit in its amended form under the terms hereof, or (B) the beneficiary of the Letter of Credit does
not accept the proposed amendment to the Letter of Credit. 
 (vi) An L/C Issuer shall act on behalf of the
Revolving Credit Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and such L/C Issuer shall have all of the benefits and immunities (A) provided to the Administrative Agent in Article IX
with respect to any acts taken or omissions suffered by such L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents pertaining to such Letters of Credit as fully as if the term
“Administrative Agent” as used in Article IX included such L/C Issuer with respect to such acts or omissions, and (B) as additionally provided herein with respect to such L/C Issuer. 

  
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 (b) Procedures for Issuance and Amendment of Letters of Credit; Auto-Renewal Letters of
Credit. 
 (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the
Borrower delivered to an L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower. Such Letter of Credit Application may be sent
by facsimile, by United States mail, by overnight courier, by electronic transmission using the system provided by such L/C Issuer, by personal delivery or by any other means acceptable to such L/C Issuer. Such Letter of Credit Application must be
received by the relevant L/C Issuer and the Administrative Agent not later than 10:00 a.m. at least two Business Days (or such later date and time as the Administrative Agent and the relevant L/C Issuer may agree in a particular instance in their
sole discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail reasonably
satisfactory to the relevant L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day), (B) the amount thereof, (C) the expiry date thereof, (D) the name and address of the
beneficiary thereof, (E) the documents to be presented by such beneficiary in case of any drawing thereunder, (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder, (G) the purpose
and nature of the requested Letter of Credit, and (H) such other matters as the relevant L/C Issuer may reasonably require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall
specify in form and detail reasonably satisfactory to the relevant L/C Issuer (1) the Letter of Credit to be amended, (2) the proposed date of amendment thereof (which shall be a Business Day), (3) the nature of the proposed
amendment, and (4) such other matters as the relevant L/C Issuer may reasonably require. Additionally, the Borrower shall furnish to the relevant L/C Issuer and the Administrative Agent such other documents and information pertaining to such
requested Letter of Credit issuance or amendment, including any Issuer Documents, as the relevant L/C Issuer or the Administrative Agent may reasonably require. 
 (ii) Promptly after receipt of any Letter of Credit Application, the relevant L/C Issuer will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received
a copy of such Letter of Credit Application from the Borrower and, if not, such L/C Issuer will provide the Administrative Agent with a copy thereof. Unless the relevant L/C Issuer has received written notice from the Administrative Agent, any
Revolving Credit Lender or any Loan Party, at least one Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one or more applicable conditions contained in Article IV shall not have been
satisfied, then, subject to the terms and conditions hereof, such L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of the Borrower (or the applicable Subsidiary) or enter into the applicable amendment, as the case
may be, in 

  
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each case in accordance with such L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each Letter of Credit, each Revolving Credit Lender shall be deemed
to, and hereby irrevocably and unconditionally agrees to, purchase from the relevant L/C Issuer a risk participation in such Letter of Credit in an amount equal to the product of such Revolving Credit Lender’s Applicable Revolving Credit
Percentage times the amount of such Letter of Credit. 
 (iii) If the Borrower so
requests in any applicable Letter of Credit Application, the relevant L/C Issuer shall agree to issue a Letter of Credit that has automatic renewal provisions (each, an “Auto-Renewal Letter of Credit”); provided that any such
Auto-Renewal Letter of Credit must permit the relevant L/C Issuer to prevent any such renewal at least once in each 12-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not
later than a day (the “Nonrenewal Notice Date”) in each such 12-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the relevant L/C Issuer, the Borrower shall not be required to
make a specific request to the relevant L/C Issuer for any such renewal. Once an Auto-Renewal Letter of Credit has been issued, the Revolving Credit Lenders shall be deemed to have authorized (but may not require) the relevant L/C Issuer to permit
the renewal of such Letter of Credit at any time to an expiry date not later than the Letter of Credit Expiration Date (unless the Borrower has entered into arrangements reasonably satisfactory to the relevant L/C Issuer to Cash Collateralize the
Outstanding Amount of such L/C Obligations or backstop such Letter of Credit on the later of (I) the date of issuance of such Letter of Credit and (II) the 30th day prior to the Letter of Credit Expiration Date); provided, however, that the relevant L/C Issuer
shall not permit any such renewal if (A) the relevant L/C Issuer has determined that it would not be permitted, or would have no obligation at such time to issue such Letter of Credit in its renewed form under the terms hereof (by reason of the
provisions of clause (ii) or (iii) of Section 2.03(a) or otherwise), or (B) it has received notice (which may be by telephone followed promptly in writing) on or before the day that is seven Business Days
before the Nonrenewal Notice Date from the Administrative Agent, any Revolving Credit Lender or the Borrower that one or more of the applicable conditions specified in Section 4.02 is not then satisfied, and in each such case
directing the relevant L/C Issuer not to permit such renewal. 
 (iv) Promptly after its delivery of any Letter
of Credit or any amendment to a Letter of Credit to an advising bank with respect thereto or to the beneficiary thereof, the relevant L/C Issuer will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter
of Credit or amendment. 
 (c) Drawings and Reimbursements; Funding of Participations. 

(i) Upon receipt from the beneficiary of any Letter of Credit of any notice of a drawing under such Letter of Credit, the
relevant L/C Issuer shall notify promptly the Borrower and the Administrative Agent thereof. Not later than 10:00 a.m. on the Business Day immediately following the Business Day on which the Borrower shall have received notice of any Honor Date (or,
if the Borrower shall have received such notice later than 10:00 a.m. on any Business Day, on the second succeeding Business 

  
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Day) (each such date, an “Borrower Honor Date”), the Borrower shall reimburse such L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing on
such Honor Date plus interest accruing at the Base Rate from the Honor Date to the date of reimbursement by the Borrower on the Borrower Honor Date. If the Borrower fails to so reimburse such L/C Issuer by such time, the Administrative Agent shall
promptly notify each Revolving Credit Lender of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such Appropriate Lender’s Applicable Revolving Credit Percentage thereof. In
such event, the Borrower shall be deemed to have requested a Revolving Credit Borrowing of Base Rate Loans to be disbursed on the Borrower Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples
specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the amount of the unutilized portion of the Revolving Credit Commitments of the Appropriate Lenders, and subject to the conditions set forth in
Section 4.02(b). Any notice given by an L/C Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if immediately confirmed in writing; provided that the lack of such an
immediate confirmation shall not affect the conclusiveness or binding effect of such notice. 
 (ii) Each
Revolving Credit Lender (including any such Lender acting as an L/C Issuer) shall upon any notice pursuant to Section 2.03(c)(i) make funds available (and the Administrative Agent may apply Cash Collateral provided for this purpose) for
the account of the relevant L/C Issuer at the Administrative Agent’s Office in an amount equal to its Applicable Revolving Credit Percentage of the Unreimbursed Amount in respect of a Letter of Credit not later than 12:00 noon on the Business
Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each Revolving Credit Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the
Borrower in such amount. The Administrative Agent shall remit the funds so received to the relevant L/C Issuer. 

(iii) With respect to any Unreimbursed Amount in respect of a Letter of Credit that is not fully refinanced by a Revolving
Credit Borrowing of Base Rate Loans because the conditions set forth in Section 4.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have incurred from the relevant L/C Issuer an L/C Borrowing in the amount
of the Unreimbursed Amount that is not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Revolving Credit Lender’s payment to the
Administrative Agent for the account of the relevant L/C Issuer pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in
satisfaction of its participation obligation under this Section 2.03. 
 (iv) Until each Revolving
Credit Lender funds its Revolving Credit Loan or L/C Advance pursuant to this Section 2.03(c) to reimburse the relevant L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable
Revolving Credit Percentage of such amount shall be solely for the account of the relevant L/C Issuer. 

  
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 (v) Each Revolving Credit Lender’s obligation to make Revolving Credit
Loans or L/C Advances to reimburse an L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including
(A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the relevant L/C Issuer, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or
(C) any other occurrence, event or condition, whether or not similar to any of the foregoing; provided, however, that each Revolving Credit Lender’s obligation to make Revolving Credit Loans (but not L/C Advances) pursuant to
this Section 2.03(c) is subject to the conditions set forth in Section 4.02 (other than delivery by the Borrower of a Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the
Borrower to reimburse the relevant L/C Issuer for the amount of any payment made by such L/C Issuer under any Letter of Credit, together with interest as provided herein. 

(vi) If any Revolving Credit Lender fails to make available to the Administrative Agent for the account of the relevant
L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in Section 2.03(c)(ii), then, without limiting the other provisions of this
Agreement, such L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment
is immediately available to such L/C Issuer at a rate per annum equal to the applicable Overnight Rate then in effect, plus any administrative, processing or similar fees customarily charged by such L/C Issuer in connection with the foregoing. If
such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Loan included in the relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A
certificate of the relevant L/C Issuer submitted to any Revolving Credit Lender (through the Administrative Agent) with respect to any amounts owing under this clause (vi) shall be conclusive absent demonstrable error. 

(d) Repayment of Participations. 
 (i) At any time after an L/C Issuer has made a payment under any Letter of Credit and has received from any Revolving Credit Lender such Lender’s L/C Advance in respect of such payment in accordance
with Section 2.03(c), if the Administrative Agent receives for the account of such L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including
proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative Agent will distribute to such Revolving Credit Lender its Applicable Revolving Credit Percentage thereof (appropriately adjusted, in the case of interest
payments, to reflect the period of time during which such Lender’s L/C Advance was outstanding) in the same funds as those received by the Administrative Agent. 

  
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 (ii) If any payment received by the Administrative Agent for the account of
an L/C Issuer pursuant to Section 2.03(c)(i) is required to be returned under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by such L/C Issuer in its discretion), each
Revolving Credit Lender shall pay to the Administrative Agent for the account of such L/C Issuer its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to
the date such amount is returned by such Lender, at a rate per annum equal to the applicable Overnight Rate. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the Obligations and the termination
of this Agreement. 
 (e) Obligations Absolute. The obligation of the Borrower to reimburse the relevant L/C Issuer for
each drawing under each Letter of Credit issued by it and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Agreement under all circumstances, including the
following: 
 (i) any lack of validity or enforceability of such Letter of Credit, this Agreement, any other Loan
Document or any other agreement or instrument relating to any of the foregoing; 
 (ii) the existence of any
claim, counterclaim, setoff, defense or other right that the Borrower or any Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may
be acting), the relevant L/C Issuer or any other Person, whether in connection with this Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction;

 (iii) any draft, demand, certificate or other document presented under such Letter of Credit proving to be
forged, fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect, or any loss or delay in the transmission or otherwise of any document required in order to make a drawing under such
Letter of Credit; 
 (iv) waiver by the relevant L/C Issuer of any requirement that exists for the L/C
Issuer’s protection and not the protection of the Borrower or any waiver by the L/C Issuer which does not in fact prejudice the Borrower in any respect; 
 (v) honor of a demand for payment presented electronically even if such Letter of Credit requires that demand be in the form of a draft; 

(vi) any payment made by the relevant L/C Issuer in respect of an otherwise complying item presented after the date
specified as the expiration date of, or the date by which documents must be received under such Letter of Credit if presentation after such date is authorized by the UCC or the ISP, only to the extent such Letter of Credit specifies that Rule 3.14
of the ISP applies to it; 
 (vii) any payment by the relevant L/C Issuer under such Letter of Credit against
presentation of a draft or certificate that does not strictly comply with the terms of such Letter of Credit, or any payment made by the relevant L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy,
debtor-in-possession, assignee for the benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under
any Debtor Relief Law; 

  
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 (viii) any exchange, release or nonperfection of any Collateral, or any
release or amendment or waiver of or consent to departure from any of the Guaranties or any other guaranty, for all or any of the Obligations of any Loan Party or any Restricted Subsidiary of a Loan Party in respect of such Letter of Credit; or

 (ix) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing, including
any other circumstance that might otherwise constitute a defense available to, or a discharge of, the Borrower or any Subsidiary; 
 provided that the foregoing shall not excuse any L/C Issuer from liability to the Borrower to the extent of any direct damages (as opposed to consequential damages, claims in respect of which are
waived by the Borrower to the extent permitted by applicable Law) suffered by the Borrower that are caused by such L/C Issuer’s gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final non-appealable
decision) when determining whether drafts and other documents presented under a Letter of Credit comply with the terms thereof. The Borrower shall promptly examine a copy of each Letter of Credit and each amendment thereto that is delivered to it
and, in the event of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will promptly notify the applicable L/C Issuer. The Borrower shall be conclusively deemed to have waived any such claim against
the relevant L/C Issuer and its correspondents unless such notice is given as aforesaid. 
 (f) Role of L/C Issuers. Each
Lender and the Borrower agree that, in paying any drawing under a Letter of Credit, the relevant L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents expressly required by the
Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuers, the Agents, any of their respective Related Parties
nor any of the respective correspondents, participants or assignees of any L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Revolving Credit Lenders
or the Required Revolving Credit Lenders, as applicable, (ii) any action taken or omitted in the absence of gross negligence or willful misconduct (as determined by a court of competent jurisdiction in a final non-appealable decision), or
(iii) the due execution, effectiveness, validity or enforceability of any document or instrument related to any Letter of Credit or Issuer Document. The Borrower hereby assumes all risks of the acts or omissions of any beneficiary or transferee
with respect to its use of any Letter of Credit; provided, however, that this assumption is not intended to, and shall not, preclude the Borrower’s pursuing such rights and remedies as it may have against the beneficiary or
transferee at law or under any other agreement. None of the L/C Issuers, the Agents, any of their respective Related Parties nor any correspondents, participants or assignees of any L/C Issuer shall be liable or responsible for any of the matters
described in clauses (i) through (ix) of Section 2.03(e); provided, however, that anything in such clauses to the contrary notwithstanding, the Borrower may have a claim against an L/C Issuer, and
such L/C Issuer may be liable to the Borrower, to 

  
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the extent, but only to the extent, of any direct, as opposed to consequential or exemplary, damages suffered by the Borrower which the Borrower proves were caused by such L/C Issuer’s
willful misconduct or gross negligence or such L/C Issuer’s willful or grossly negligent failure to pay under any Letter of Credit after the presentation to it by the beneficiary of a sight draft and certificate(s) strictly complying with the
terms and conditions of a Letter of Credit (in each case as determined by a court of competent jurisdiction in a final non-appealable decision). In furtherance and not in limitation of the foregoing, each L/C Issuer may accept documents that appear
on their face to be in order, without responsibility for further investigation, regardless of any notice or information to the contrary, and no L/C Issuer shall be responsible for the validity or sufficiency of any instrument transferring or
assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to be invalid or ineffective for any reason. An L/C Issuer may send a Letter of Credit or
conduct any communication to or from the beneficiary via the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) message or overnight courier, or any other commercially reasonable means of communicating with a
beneficiary. 
 (g) Applicability of ISP; Limitation of Liability. Unless otherwise expressly agreed by the relevant L/C
Issuer and the Borrower when a Letter of Credit is issued, the rules of the ISP shall apply to each Letter of Credit (other than Rule 3.14, unless expressly specified in a Letter of Credit that it will apply). Notwithstanding the foregoing, no L/C
Issuer shall be responsible to the Borrower for, and each L/C Issuer’s rights and remedies against the Borrower shall not be impaired by, any action or inaction of such L/C Issuer required under any Law, order, or practice that is required to
be applied to any Letter of Credit or this Agreement under any Law, including the Law or any order of a jurisdiction where such L/C Issuer or the beneficiary is located, the practice stated in the ISP. 

(h) Letter of Credit Fees. The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender in
accordance with, subject to Section 2.16, its Applicable Revolving Credit Percentage a Letter of Credit fee (the “Letter of Credit Fee”) for each Letter of Credit issued pursuant to this Agreement equal to the Applicable
Rate for Letter of Credit fees times the daily maximum amount then available to be drawn under such Letter of Credit. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of
Credit shall be determined in accordance with Section 1.07. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first such date
to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any quarter, the
daily maximum amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. 

(i) Fronting Fee and Documentary and Processing Charges Payable to L/C Issuers. The Borrower shall pay directly to each L/C Issuer
for its own account a fronting fee (a “Fronting Fee”) with respect to each Letter of Credit issued by it, at the rate per annum equal to 0.125% computed on the daily maximum amount then available to be drawn under such Letter of
Credit. Such fronting fees shall be computed on a quarterly basis in arrears. Such fronting fees shall be due and payable on the tenth Business Day after the end of each March, June, September

  
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and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the first payment), commencing with the first such date to occur after the issuance of such
Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance
with Section 1.07. In addition, the Borrower shall pay directly to each L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of such L/C Issuer
relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable within ten Business Days of demand and are nonrefundable. 

(j) Conflict with Issuer Documents. Notwithstanding anything else to the contrary in any Issuer Document, in the event of any
conflict between the terms hereof and the terms of any Issuer Document, the terms hereof shall control. 
 (k) Addition of an
L/C Issuer. A Revolving Credit Lender (or any of its Subsidiaries or affiliates) may become an additional L/C Issuer hereunder pursuant to a written agreement among the Borrower, the Administrative Agent and such Revolving Credit Lender. The
Administrative Agent shall notify the Revolving Credit Lenders of any such additional L/C Issuer. 
 (l) Provisions Related
to Extended Revolving Credit Commitments. If the maturity date in respect of any tranche of Revolving Credit Commitments occurs prior to the expiration of any Letter of Credit, then (i) if one or more other tranches of Revolving Credit
Commitments in respect of which the maturity date shall not have occurred are then in effect, such Letters of Credit shall automatically be deemed to have been issued (including for purposes of the obligations of the Revolving Credit Lenders to
purchase participations therein and to make Revolving Credit Loans and payments in respect thereof pursuant to Section 2.03(d) under (and ratably participated in by Lenders pursuant to) the Revolving Credit Commitments in respect of such
non-terminating tranches up to an aggregate amount not to exceed the aggregate principal amount of the unutilized Revolving Credit Commitments thereunder at such time (it being understood that no partial face amount of any Letter of Credit may be so
reallocated and (ii) to the extent not reallocated pursuant to immediately preceding clause (i), the Borrower shall Cash Collateralize any such Letter of Credit in accordance with Section 2.17. If, for any reason, such
Cash Collateral is not provided or the reallocation does not occur, the Revolving Credit Lenders under the maturing tranche shall continue to be responsible for their participating interests in the Letters of Credit. Except to the extent of
reallocations of participations pursuant to clause (i) of the second preceding sentence, the occurrence of a maturity date with respect to a given tranche of Revolving Credit Commitments shall have no effect upon (and shall not diminish)
the percentage participations of the Revolving Credit Lenders in any Letter of Credit issued before such maturity date. Commencing with the maturity date of any tranche of Revolving Credit Commitments, the sublimit for Letters of Credit shall be
agreed with the Lenders under the extended tranches. 
 (m) Letters of Credit Issued for Subsidiaries. Notwithstanding
that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the Borrower shall be obligated to reimburse the applicable L/C Issuer hereunder for

  
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any and all drawings under such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Borrower,
and that the Borrower’s business derives substantial benefits from the businesses of such Subsidiaries. 
 2.04 Swing
Line Loans. 
 (a) The Swing Line. Subject to the terms and conditions set forth herein, the Swing Line Lender
agrees, in reliance upon the agreements of the other Lenders set forth in this Section 2.04, to make loans (each such loan, a “Swing Line Loan”) to the Borrower from time to time on any Business Day during the
Availability Period in an aggregate amount not to exceed at any time outstanding the amount of the Swing Line Sublimit, notwithstanding the fact that such Swing Line Loans, when aggregated with the Applicable Revolving Credit Percentage of the
Outstanding Amount of Revolving Credit Loans and L/C Obligations of the Lender acting as Swing Line Lender, may exceed the amount of such Lender’s Revolving Credit Commitment; provided, however, that (i) after giving effect
to any Swing Line Loan, (A) the Total Revolving Credit Outstandings shall not exceed the Revolving Credit Facility at such time, and (B) the Revolving Credit Exposure of any Lender shall not exceed such Revolving Credit Lender’s
Revolving Credit Commitment then in effect and (ii) the Swing Line Lender shall not be under any obligation to make any Swing Line Loan if it shall determine (which determination shall be conclusive and binding absent manifest error) that it
has, or by such Credit Extension will, after giving effect to Section 2.16(a)(iv), have, Fronting Exposure; provided further that the Borrower shall not use the proceeds of any Swing Line Loan to refinance any outstanding
Swing Line Loan. Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04.
Each Swing Line Loan shall be a Base Rate Loan. Immediately upon the making of a Swing Line Loan, each Revolving Credit Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swing Line Lender a risk
participation in such Swing Line Loan in an amount equal to the product of such Revolving Credit Lender’s Applicable Revolving Credit Percentage times the amount of such Swing Line Loan. 

(b) Borrowing Procedures. Each Swing Line Borrowing shall be made upon the Borrower’s irrevocable notice to the Swing Line
Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall specify
(i) the amount to be borrowed, which shall be a minimum of $100,000 (and any amount in excess thereof shall be in an integral multiple of $25,000), and (ii) the requested borrowing date, which shall be a Business Day. Each such telephonic
notice must be confirmed promptly by delivery to the Swing Line Lender and the Administrative Agent of a written Swing Line Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Promptly after receipt by the Swing
Line Lender of any telephonic Swing Line Loan Notice, the Swing Line Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received such Swing Line Loan Notice and, if not, the Swing
Line Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof. Unless the Swing Line Lender has received notice (by telephone or in writing) from the Administrative Agent (including at the request of any
Revolving Credit Lender) prior to 

  
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2:00 p.m. on the date of the proposed Swing Line Borrowing (A) directing the Swing Line Lender not to make such Swing Line Loan as a result of the limitations set forth in the first
proviso to the first sentence of Section 2.04(a), or (B) that one or more of the applicable conditions specified in Section 4.02 is not then satisfied, then, subject to the terms and conditions hereof, the Swing Line
Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swing Line Loan Notice, make the amount of its Swing Line Loan available to the Borrower either by (i) crediting the account of the Borrower on the books of Bank
of America with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to the Administrative Agent by the Borrower. 

(c) Refinancing of Swing Line Loans. 
 (i) The Swing Line Lender at any time in its sole and absolute discretion may request, on behalf of the Borrower (which hereby irrevocably authorizes the Swing Line Lender to so request on its behalf),
that each Revolving Credit Lender make a Base Rate Loan in an amount equal to such Lender’s Applicable Revolving Credit Percentage of the amount of Swing Line Loans then outstanding. Such request shall be made in writing (which written request
shall be deemed to be a Loan Notice for purposes hereof) and in accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to
the unutilized portion of the aggregate Revolving Credit Commitments and the conditions set forth in Section 4.02. The Swing Line Lender shall furnish the Borrower with a copy of the applicable Loan Notice promptly after delivering such
notice to the Administrative Agent. Each Revolving Credit Lender shall make an amount equal to its Applicable Revolving Credit Percentage of the amount specified in such Loan Notice available to the Administrative Agent in immediately available
funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Swing Line Loan) for the account of the Swing Line Lender at the Administrative Agent’s Office not later than 1:00 p.m. on the day
specified in such Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Revolving Credit Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such amount. The Administrative Agent
shall remit the funds so received to the Swing Line Lender. 
 (ii) If for any reason any Swing Line Loan cannot
be refinanced by such a Revolving Credit Borrowing in accordance with Section 2.04(c)(i), the request for Base Rate Loans submitted by the Swing Line Lender as set forth herein shall be deemed to be a request by the Swing Line Lender
that each of the Revolving Credit Lenders fund its risk participation in the relevant Swing Line Loan and each Revolving Credit Lender’s payment to the Administrative Agent for the account of the Swing Line Lender pursuant to
Section 2.04(c)(i) shall be deemed payment in respect of such participation. 
 (iii) If any
Revolving Credit Lender fails to make available to the Administrative Agent for the account of the Swing Line Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time
specified in Section 2.04(c)(i), the Swing Line Lender shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such 

  
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amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the Swing Line Lender at a rate per annum equal to
the applicable Overnight Rate from time to time in effect, plus any administrative, processing or similar fees customarily charged by the Swing Line Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as
aforesaid), the amount so paid shall constitute such Lender’s Loan included in the relevant Borrowing or funded participation in the relevant Swing Line Loan, as the case may be. A certificate of the Swing Line Lender submitted to any Lender
(through the Administrative Agent) with respect to any amounts owing under this clause (iii) shall be conclusive absent demonstrable error. 
 (iv) Each Revolving Credit Lender’s obligation to make Revolving Credit Loans or to purchase and fund risk participations in Swing Line Loans pursuant to this Section 2.04(c) shall be
absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim, recoupment, defense or other right which such Lender may have against the Swing Line Lender, the Borrower or any other Person for
any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or condition, whether or not similar to any of the foregoing; provided, however, that each Revolving Credit
Lender’s obligation to make Revolving Credit Loans (but not to purchase and fund risk participations in Swing Line Loans) pursuant to this Section 2.04(c) is subject to the conditions set forth in Section 4.02. No such
funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swing Line Loans, together with interest as provided herein. 
 (d) Repayment of Participations. 
 (i) At any time after any
Revolving Credit Lender has purchased and funded a risk participation in a Swing Line Loan, if the Swing Line Lender receives any payment on account of such Swing Line Loan, the Swing Line Lender will distribute to such Revolving Credit Lender its
Applicable Revolving Credit Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s risk participation was funded) in the same funds as those received by the Swing
Line Lender. 
 (ii) If any payment received by the Swing Line Lender in respect of principal or interest on any
Swing Line Loan is required to be returned by the Swing Line Lender under any of the circumstances described in Section 10.05 (including pursuant to any settlement entered into by the Swing Line Lender in its discretion), each Revolving
Credit Lender shall pay to the Swing Line Lender its Applicable Revolving Credit Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is returned, at a rate per
annum equal to the applicable Overnight Rate. The Administrative Agent will make such demand upon the request of the Swing Line Lender. The obligations of the Revolving Credit Lenders under this clause shall survive the payment in full of the
Obligations and the termination of this Agreement. 

  
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 (e) Interest for Account of Swing Line Lender. The Swing Line Lender shall be
responsible for invoicing the Borrower for interest on the Swing Line Loans. Until each Revolving Credit Lender funds its Base Rate Loan or risk participation pursuant to this Section 2.04 to refinance such Revolving Credit Lender’s
Applicable Revolving Credit Percentage of any Swing Line Loan, interest in respect of such Applicable Revolving Credit Percentage shall be solely for the account of the Swing Line Lender. 

(f) Payments Directly to Swing Line Lender. The Borrower shall make all payments of principal and interest in respect of the Swing
Line Loans directly to the Swing Line Lender. 
 (g) Provisions Related to Extended Revolving Credit Commitments. If the
maturity date shall have occurred in respect of any tranche of Revolving Credit Commitments at a time when another tranche or tranches of Revolving Credit Commitments is or are in effect with a longer maturity date, then on the earliest occurring
maturity date all then outstanding Swing Line Loans shall be repaid in full on such date (and there shall be no adjustment to the participations in such Swing Line Loans as a result of the occurrence of such maturity date); provided,
however, that if on the occurrence of such earliest maturity date (after giving effect to any repayments of Revolving Credit Loans and any reallocation of Letter of Credit participations as contemplated in Section 2.03(l)), there
shall exist sufficient unutilized Extended Revolving Credit Commitments so that the respective outstanding Swing Line Loans could be incurred pursuant the Extended Revolving Credit Commitments which will remain in effect after the occurrence of such
maturity date, then there shall be an automatic adjustment on such date of the participations in such Swing Line Loans and the same shall be deemed to have been incurred solely pursuant to the relevant Extended Revolving Credit Commitments, and such
Swing Line Loans shall not be so required to be repaid in full on such earliest maturity date. 
 2.05 Prepayments.

 (a) Optional Prepayments. 
 (i) The Borrower may, upon notice to the Administrative Agent, at any time or from time to time voluntarily prepay Term Loans and Revolving Credit Loans in whole or in part without premium or penalty
(except as set forth below); provided that (A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three Business Days prior to any date of prepayment of Eurodollar Rate Loans and (2) on the
date of prepayment of Base Rate Loans, (B) any prepayment of Eurodollar Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof, and (C) any prepayment of Base Rate Loans shall be in a
principal amount of $250,000 or a whole multiple of $100,000 in excess thereof or, in each case, if less, the entire principal amount thereof then outstanding. Each such notice shall specify the date and amount of such prepayment and the Class(es)
and Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Appropriate Lender of its receipt of each such notice, and of the amount of
such Lender’s ratable portion of such prepayment (based on such Lender’s Applicable Percentage in respect of the relevant Facility and Incremental Facility). If such notice is given by the Borrower, the Borrower shall make such prepayment
and the payment amount specified in such notice 

  
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shall be due and payable on the date specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional
amounts required pursuant to Section 3.05. Each prepayment of the outstanding Term Loans pursuant to this Section 2.05(a) shall be applied to the installments thereof as directed by the Borrower (it being understood and
agreed that if the Borrower does not so direct at the time of such prepayment, such prepayment shall be applied against the scheduled repayments of Term Loans under Section 2.07(a) in direct order of maturity) and shall be paid to the
Appropriate Lenders, subject to Section 2.16, in accordance with their respective Applicable Percentages in respect of each of the relevant Facilities and Incremental Facilities. Notwithstanding the foregoing provisions of this
Section 2.05(a) or anything in this Agreement or any other Loan Document to the contrary, in the event that, on or prior to the first anniversary of the Closing Date, the Borrower (a) makes any prepayment of Term B Loans in
connection with any Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each of the applicable Term B Lenders, a prepayment premium equal to 1% of the amount of the Term B Loans being prepaid or
(b) effects any amendment of this Agreement resulting in a Repricing Transaction, the Borrower shall pay to the Administrative Agent, for the ratable account of each of the non-consenting Term B Lenders to such amendment whose Term B Loans are
required to be assigned pursuant to Section 10.13, a prepayment premium equal to 1% of the aggregate amount of the applicable Term B Loans of such non-consenting Term B Lenders outstanding immediately prior to such amendment. 

(ii) The Borrower may, upon notice to the Swing Line Lender (with a copy to the Administrative Agent), at any time or from
time to time, voluntarily prepay Swing Line Loans in whole or in part without premium or penalty; provided that (A) such notice must be received by the Swing Line Lender and the Administrative Agent not later than 1:00 p.m. on the date
of the prepayment, and (B) any such prepayment shall be in a minimum principal amount of $100,000 or a whole multiple of $100,000 in excess thereof, the entire principal amount thereof then outstanding. Each such notice shall specify the date
and amount of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. 

(iii) Notwithstanding anything to the contrary contained in this Agreement, the Borrower may, subject to
Section 3.05, rescind any notice of prepayment under Section 2.05(a) if such prepayment would have resulted from a refinancing of all of the Facilities and Incremental Facilities, which refinancing shall not be consummated or
shall otherwise be delayed. 
 (b) Mandatory Prepayment. 

(i) Within five Business Days after the date financial statements are required to be delivered pursuant to
Section 6.01(a) and the related Compliance Certificate has been delivered pursuant to Section 6.02(a), the Borrower shall cause to be prepaid an aggregate principal amount of Term Loans and Mission Term Loans (allocated
between the Term Loans and Mission Term Loans at the discretion of the Borrower) equal to 

  
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(A) 50% (such percentage as it may be reduced as described below, the “ECF Percentage”) of Excess Cash Flow, if any, for the fiscal year covered by such financial statements
(commencing with the first full fiscal year ending after the Closing Date), minus (B) the sum of (1) all voluntary prepayments of Term Loans and Mission Term Loans (provided that, with respect to Discounted Voluntary Prepayments and
Mission Discounted Voluntary Prepayments, only the actual amount of cash used to consummate such prepayment shall be included in such calculation) during such fiscal year and (2) all voluntary prepayments of Revolving Credit Loans and Mission
Revolving Credit Loans during such fiscal year to the extent the Revolving Credit Commitments and/or Mission Revolving Credit Commitments, as applicable, are permanently reduced by the amount of such payments, in the case of each of the immediately
preceding clauses (1) and (2), to the extent such prepayments are not funded with the proceeds of Indebtedness or any Specified Equity Contribution; provided that (a) the ECF Percentage shall be 25% if the Consolidated
First Lien Leverage Ratio for the fiscal year covered by such financial statements was less than or equal to 3.0:1.0 and greater than 2.5:1.0 and (b) the ECF Percentage shall be 0% if the Consolidated First Lien Leverage Ratio for the fiscal
year covered by such financial statements was less than or equal to 2.5:1.0. 
 (ii) (A) Subject to
Section 2.05(b)(ii)(B), if (x) any Nexstar Entity Disposes of any property or assets (other than any Disposition of any property or assets permitted by Section 7.05(a), (b), (c), (d), (e),
(f), (g), (j), (k), (m), (o), (p), (q), (r), (s), (t) or (u)), or (y) any Casualty Event occurs, which in the aggregate results in the realization or receipt by
such Person of Net Cash Proceeds, the Borrower shall make a prepayment, in accordance with Section 2.05(b)(ii)(C), of an aggregate principal amount of Term Loans equal to 100% of all such Net Cash Proceeds realized or received;
provided that no such prepayment shall be required pursuant to this Section 2.05(b)(ii)(A) with respect to such portion of such Net Cash Proceeds that the Borrower shall have, on or prior to such date, given written notice to the
Administrative Agent of its intent to reinvest in accordance with Section 2.05(b)(ii)(B) (which notice may only be provided if no Event of Default has occurred and is then continuing). 

(B) With respect to any Net Cash Proceeds realized or received with respect to any Disposition (other than any Disposition
specifically excluded from the application of Section 2.05(b)(ii)(A)) or any Casualty Event, at the option of the Borrower (as evidenced in a written notice of reinvestment election (a “Notice of Reinvestment Election”)
delivered to the Administrative Agent within ten Business Days after the date of realization or receipt of such Net Cash Proceeds), the Borrower may reinvest all or any portion of such Net Cash Proceeds in assets useful for its business (other than
working capital) and in Permitted Acquisitions and Capital Expenditures within the later of (x) 12 months following receipt of such Net Cash Proceeds or (y) if the Borrower enters into a legally binding commitment to reinvest such Net
Cash Proceeds within 12 months following receipt thereof, 180 days of the date of such legally binding commitment; provided that (i) so long as a Default or an Event of Default shall have occurred and be continuing, the
Borrower shall not be permitted to make any such reinvestments (other than pursuant to a legally binding commitment that the 

  
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Borrower entered into at a time when no Default is continuing) and (ii) if any Net Cash Proceeds are not so reinvested by the deadline specified in clause (x) or
(y) above, as applicable, or if any such Net Cash Proceeds are no longer intended to be or cannot be so reinvested at any time after delivery of a Notice of Reinvestment Election, an amount equal to 100% of such Net Cash Proceeds shall
be applied, in accordance with Section 2.05(b)(ii)(C), to the prepayment of the Term Loans as set forth in this Section 2.05. 
 (C) On each occasion that the Borrower must make a prepayment of the Term Loans pursuant to this Section 2.05(b)(ii), the Borrower shall, within five Business Days after the date of
realization or receipt of such Net Cash Proceeds (or, in the case of prepayments required pursuant to Section 2.05(b)(ii)(B), within five Business Days of the deadline specified in clause (x) or (y) thereof, as
applicable, or of the date the Borrower reasonably determines that such Net Cash Proceeds are no longer intended to be or cannot be so reinvested, as the case may be), make a prepayment, in accordance with Section 2.05(b)(v) below, of
the principal amount of Term Loans in an amount equal to 100% of such Net Cash Proceeds realized or received. 

(iii) If any Nexstar Entity incurs or issues any (A) Refinancing Term Loans, (B) Indebtedness pursuant to
Section 7.02(u)(i) or (C) Indebtedness not expressly permitted to be incurred or issued pursuant to Section 7.02, the Borrower shall (1) designate such Term Loans to be prepaid (other than in the case of a
prepayment pursuant to subclause (C)) and (2) cause to be prepaid an aggregate principal amount of Term Loans equal to 100% of all Net Cash Proceeds received therefrom on or prior to the date which is five Business Days after the
receipt of such Net Cash Proceeds. If the Borrower obtains any Refinancing Revolving Commitments, the Borrower shall, concurrently with the receipt thereof, terminate Revolving Credit Commitments in an equivalent amount pursuant to
Section 2.06. 
 (iv) (A) Each prepayment of any Term Loans being prepaid pursuant to this
Section 2.05(b) shall be applied first, to the installments thereof pro rata in direct order of maturity for the next eight scheduled payments pursuant to Section 2.07(a) following the applicable prepayment event and
second, to the remaining installments thereof pro rata, (B) each prepayment pursuant to Section 2.05(b)(iii)(A) or (B) shall be applied as directed by the Borrower, and (C) each such prepayment shall be paid
to the Lenders receiving such prepayment in accordance with their respective Applicable Percentages subject to clause (v) of this Section 2.05(b). 

(v) The Borrower shall notify the Administrative Agent in writing of any mandatory prepayment of Term Loans required to be
made pursuant to clauses (i), (ii), and (iii) of this Section 2.05(b) at least five Business Days prior to 1:00 p.m. on the date of such prepayment. Each such notice shall specify the date of such
prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Appropriate Lender of the contents of the Borrower’s prepayment notice and of such Appropriate
Lender’s Applicable Percentage of the prepayment. Each Appropriate Lender may reject all or a portion of 

  
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its Applicable Percentage of any mandatory prepayment (such declined amounts, the “Declined Proceeds”) of Term Loans required to be made pursuant to clauses (i) and
(ii) of this Section 2.05(b) by providing written notice (each, a “Rejection Notice”) to the Administrative Agent and the Borrower no later than 5:00 p.m. three Business Days after the date of such
Lender’s receipt of notice from the Administrative Agent regarding such prepayment. Each Rejection Notice from a given Lender shall specify the principal amount of the mandatory prepayment of Term Loans to be rejected by such Lender. If a
Lender fails to deliver a Rejection Notice to the Administrative Agent within the time frame specified above or such Rejection Notice fails to specify the principal amount of the Term Loans to be rejected, any such failure will be deemed an
acceptance of the total amount of such mandatory repayment of Term Loans. Any Declined Proceeds shall be retained by the Borrower (“Retained Declined Proceeds”). 

(c) If for any reason the Total Revolving Credit Outstandings at any time exceed the aggregate Revolving Credit Commitments then in
effect, the Borrower shall immediately prepay Revolving Credit Loans, Swing Line Loans and L/C Borrowings and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the Borrower
shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(c) unless after the prepayment in full of the Revolving Credit Loans, Swing Line Loans and L/C Borrowings, the Total Revolving Credit
Outstandings exceed the aggregate Revolving Credit Commitments then in effect. All amounts required to be paid pursuant to this Section 2.05(c) shall be applied first, ratably to the L/C Borrowings and the Swing Line Loans,
second, ratably to the outstanding Revolving Credit Loans, and third, to Cash Collateralize the remaining L/C Obligations. Within the parameters of the applications set forth in the foregoing sentence, such prepayments shall be applied
first to Base Rate Loans and then to Eurodollar Rate Loans in direct order of Interest Period maturities. No prepayment under this Section 2.05(c) shall result in a mandatory reduction of Revolving Credit Commitments. 

(d) Anything contained in Section 2.05(b) to the contrary notwithstanding, (i) if, following the occurrence of any
“Asset Sale” (as such term is defined in the Senior Second Lien Notes Indenture) by any Loan Party or any of its Subsidiaries, the Borrower is required to commit by a particular date (a “Commitment Date”) to apply
or cause its Subsidiaries to apply an amount equal to any of the “Net Proceeds” (as defined in the Senior Second Lien Notes Indenture) thereof in a particular manner, or to apply by a particular date (an “Application
Date”) an amount equal to any such “Net Proceeds” in a particular manner, in either case in order to excuse the Borrower from being required to make an “Asset Sale Offer” (as defined in the Senior Second
Lien Notes Indenture) in connection with such “Asset Sale,” and the Borrower shall have failed to so commit or to so apply an amount equal to such “Net Proceeds” at least 60 days before the applicable Commitment
Date or Application Date, as the case may be, or (ii) if the Borrower at any other time shall have failed to apply or commit or cause to be applied an amount equal to any such “Net Proceeds,” and, within 60 days thereafter
assuming no further application or commitment of an amount equal to such “Net Proceeds” the Borrower would otherwise be required to make an “Asset Sale Offer” in respect thereof, then in either such case the
Borrower shall immediately pay or cause to be paid to the Administrative Agent an amount equal to such “Net Proceeds” to be applied to the payment of the Loans and L/C Borrowings and to Cash Collateralize the remaining L/C
Obligations in the manner set forth in Section 2.05(b) in such amounts as shall excuse the Borrower from making any such “Asset Sale Offer.” 

  
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 (e) Discounted Voluntary Prepayments. 

(i) Notwithstanding anything to the contrary set forth in this Agreement (including Section 2.13) or any other
Loan Document, the Borrower shall have the right at any time and from time to time to prepay Term Loans to the Lenders thereof at a discount to the par value of such Loans and on a non pro rata basis (each, a “Discounted Voluntary
Prepayment”) pursuant to the procedures described in this Section 2.05(e); provided that (A) no proceeds from Revolving Credit Loans shall be used to consummate any such Discounted Voluntary Prepayment, (B) any
Discounted Voluntary Prepayment hereunder must be offered to all Term Lenders on a pro rata basis and must be offered simultaneously on a pro rata basis with a “Discounted Voluntary Prepayment” as defined in the Mission Credit
Agreement, of Mission Term Loans to all Mission Term Lenders on a pro rata basis, (C) no Default shall have occurred and be continuing or would result from such Discounted Voluntary Prepayment, (D) no more than one Discounted Prepayment
Option Notice shall be issued and pending at any one time and (E) the Borrower shall deliver to the Administrative Agent, together with each Discounted Prepayment Option Notice, a certificate of a Responsible Officer of the Borrower
(1) stating that each of the conditions to such Discounted Voluntary Prepayment contained in this Section 2.05(e) has been satisfied, (2) stating that it does not possess material nonpublic information with respect to itself
and its Restricted Subsidiaries for purposes of United States federal securities laws that has not been disclosed to the Lenders (other than Lenders who have elected not to receive such information) and (3) specifying the aggregate principal
amount of Term Loans to be prepaid pursuant to such Discounted Voluntary Prepayment. 
 (ii) To the extent the
Borrower seeks to make a Discounted Voluntary Prepayment, the Borrower will provide written notice to the Auction Manager substantially in the form of Exhibit F hereto (each, a “Discounted Prepayment Option Notice”) that
the Borrower desires to prepay Term Loans in an aggregate principal amount specified therein by the Borrower (each, a “Proposed Discounted Prepayment Amount”), in each case at a discount to the par value of such Loans as specified
below. The Proposed Discounted Prepayment Amount of any Loans shall not be less than $10,000,000. The Discounted Prepayment Option Notice shall further specify with respect to the proposed Discounted Voluntary Prepayment (A) the Proposed
Discounted Prepayment Amount for Loans to be prepaid, (B) a discount range (which may be a single percentage) selected by the Borrower with respect to such proposed Discounted Voluntary Prepayment equal to a percentage of par of the principal
amount of the Loans to be prepaid (the “Discount Range”), and (C) the date by which Lenders are required to indicate their election to participate in such proposed Discounted Voluntary Prepayment, which shall be at least five
Business Days following the date of the Discounted Prepayment Option Notice (the “Acceptance Date”). 
 (iii) Upon receipt of a Discounted Prepayment Option Notice, the Auction Manager shall promptly notify each applicable Lender thereof. On or prior to the Acceptance Date, each such Lender may specify by
written notice substantially in the form of Exhibit G hereto (each, a “Lender Participation Notice”) to the Auction Manager (A) a maximum discount to par (the “Acceptable Discount”) within the
Discount Range 

  
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(for example, a Lender specifying a discount to par of 20% would accept a purchase price of 80% of the par value of the Loans to be prepaid) and (B) a maximum principal amount (subject to
rounding requirements specified by the Administrative Agent) of the Loans to be prepaid held by such Lender with respect to which such Lender is willing to permit a Discounted Voluntary Prepayment at the Acceptable Discount (“Offered
Loans”). Based on the Acceptable Discounts and principal amounts of the Loans to be prepaid specified by the Lenders in the applicable Lender Participation Notice, the Auction Manager, in consultation with the Borrower, shall determine the
applicable discount for such Loans to be prepaid (the “Applicable Discount”), which Applicable Discount shall be (1) the percentage specified by the Borrower if the Borrower has selected a single percentage pursuant to
Section 2.05(e)(ii) for the Discounted Voluntary Prepayment or (2) otherwise, the highest Acceptable Discount at which the Borrower can pay the Proposed Discounted Prepayment Amount in full (determined by adding the principal
amounts of Offered Loans commencing with the Offered Loans with the highest Acceptable Discount); provided, however, that in the event that such Proposed Discounted Prepayment Amount cannot be repaid in full at any Acceptable Discount,
the Applicable Discount shall be the lowest Acceptable Discount specified by the Lenders that is within the Discount Range. The Applicable Discount shall be applicable for all Lenders who have offered to participate in the Discounted Voluntary
Prepayment and have Qualifying Loans. Any Lender with outstanding Loans to be prepaid whose Lender Participation Notice is not received by the Administrative Agent by the Acceptance Date shall be deemed to have declined to accept a Discounted
Voluntary Prepayment of any of its Loans at any discount to their par value within the Applicable Discount. 

(iv) The Borrower shall make a Discounted Voluntary Prepayment by prepaying those Loans to be prepaid (or the respective
portions thereof) offered by the Lenders (“Qualifying Lenders”) that specify an Acceptable Discount that is equal to or greater than the Applicable Discount (“Qualifying Loans”) at the Applicable Discount;
provided that if the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would exceed the amount of aggregate proceeds required to prepay the Proposed Discounted Prepayment Amount, such
amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay such Qualifying Loans ratably among the Qualifying Lenders based on their respective principal amounts of such Qualifying Loans (subject to rounding
requirements specified by the Administrative Agent). If the aggregate proceeds required to prepay all Qualifying Loans (disregarding any interest payable at such time) would be less than the amount of aggregate proceeds required to prepay the
Proposed Discounted Prepayment Amount, such amounts in each case calculated by applying the Applicable Discount, the Borrower shall prepay all Qualifying Loans. 
 (v) Subject to satisfaction of the conditions in Section 2.05(e)(i), each Discounted Voluntary Prepayment shall be made within five Business Days of the Acceptance Date (or such later date as
the Administrative Agent and Auction Manager shall reasonably agree, given the time required to calculate the Applicable Discount and determine the amount and holders of Qualifying Loans), without premium or penalty (but subject to
Section 3.05), upon irrevocable notice substantially in the form of 

  
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Exhibit H hereto (each a “Discounted Voluntary Prepayment Notice”), delivered to the Administrative Agent no later than 1:00 p.m., three Business Days prior to the
date of such Discounted Voluntary Prepayment, which notice shall specify the date and amount of the Discounted Voluntary Prepayment and the Applicable Discount determined by the Administrative Agent. Upon receipt of any Discounted Voluntary
Prepayment Notice, the Auction Manager shall promptly notify each relevant Lender thereof. If any Discounted Voluntary Prepayment Notice is given, subject to satisfaction of the conditions in Section 2.05(e)(i), the amount specified in
such notice shall be due and payable to the applicable Lenders, subject to the Applicable Discount on the applicable Loans, on the date specified therein together with accrued interest (on the par principal amount) to but not including such date on
the amount prepaid. Upon consummation of each Discounted Voluntary Prepayment, any such Term Loans so prepaid shall be immediately cancelled and the par principal amount of such Term Loans so prepaid shall be applied ratably to reduce the remaining
installments of such Class of Term Loans (as applicable). 
 (vi) To the extent not expressly provided for
herein, each Discounted Voluntary Prepayment shall be consummated pursuant to reasonable procedures (including as to timing, rounding, minimum amounts, Type and Interest Periods and calculation of Applicable Discount in accordance with
Section 2.05(e)(iii) above) established by the Administrative Agent, the Auction Manager and the Borrower. 
 (vii) Prior to the delivery of a Discounted Voluntary Prepayment Notice, (A) upon written notice to the Auction Manager, the Borrower may withdraw or modify its offer to make a Discounted Voluntary
Prepayment pursuant to any Discounted Prepayment Option Notice and (B) no Lender may withdraw its offer to participate in a Discounted Voluntary Prepayment pursuant to any Lender Participation Notice unless the terms of such proposed Discounted
Voluntary Prepayment have been modified by the Borrower after the date of such Lender Participation Notice. 

(viii) Nothing in this Section 2.05(e) shall (A) require the Borrower to undertake any Discounted
Voluntary Prepayment, (B) require any Lender to submit a Lender Participation Notice or (C) limit or restrict the Borrower from making voluntary prepayments of Term B Loans in accordance with Section 2.05(a). 

(ix) The Auction Manager acting in its capacity as such hereunder shall be entitled to the benefits of the provisions of
Article IX and Section 10.04 to the same extent as if each reference therein to the “Administrative Agent” were a reference to the Auction Manager, and the Administrative Agent shall cooperate with the Auction Manager as
reasonably requested by the Auction Manager in order to enable it to perform its responsibilities and duties in connection with each Discounted Voluntary Prepayment. 
 (f) Interest, Funding Losses, Etc. All prepayments under this Section 2.05 shall be accompanied by all accrued interest thereon, together with, in the case of any such prepayment of a
Eurodollar Rate Loan on a date other than the last day of an Interest Period therefor, any amounts owing in respect of such Eurodollar Rate Loan pursuant to Section 3.05. 

  
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 Notwithstanding any of the other provisions of this Section 2.05, so long as no
Event of Default shall have occurred and be continuing, if any prepayment of Eurodollar Rate Loans is required to be made under this Section 2.05, prior to the last day of the Interest Period therefor, in lieu of making any payment
pursuant to this Section 2.05 in respect of any such Eurodollar Rate Loan prior to the last day of the Interest Period therefor, the Borrower may, in its sole discretion, deposit with the Administrative Agent the amount of any such
prepayment otherwise required to be made hereunder until the last day of such Interest Period, at which time the Administrative Agent shall be authorized (without any further action by or notice to or from the Borrower or any other Loan Party) to
apply such amount to the prepayment of such Loans in accordance with this Section 2.05. Such deposit shall constitute cash collateral for the Eurodollar Rate 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 2.05. 
 2.06
Termination or Reduction of Commitments. 
 (a) Optional. The Borrower may, upon written notice to the
Administrative Agent, terminate the unused Commitments of any Class, or from time to time permanently reduce Commitments of any Class; provided that (i) any such notice shall be received by the Administrative Agent not later than 10:00
a.m. three Business Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $1,000,000 or any whole multiple of $500,000 in excess thereof, (iii) the Borrower shall not
terminate or reduce the Revolving Credit Facility if, after giving effect thereto and to any concurrent prepayments hereunder, the Total Revolving Credit Outstandings would exceed the Revolving Credit Facility, and (iv) if, after giving effect
to any reduction of the Commitments, the Letter of Credit Sublimit or Swing Line Sublimit exceeds the amount of the Revolving Credit Facility, such sublimit shall be automatically reduced by the amount of such excess. The amount of any such
Commitment reduction shall not be applied to the Letter of Credit Sublimit or the Swing Line Sublimit unless otherwise specified by the Borrower. Notwithstanding the foregoing, the Borrower may rescind or postpone any notice of termination of the
Commitments if such termination would have resulted from a refinancing of all of the Facilities and Incremental Facilities, which refinancing shall not be consummated or otherwise shall be delayed. 

(b) Mandatory. The Term B Commitment of each Term B Lender shall be automatically and permanently reduced to $0 on the Term B
Advance Period Termination Date. The Revolving Credit Commitments (other than any Extended Revolving Credit Commitments) shall terminate on the applicable Maturity Date. The Extended Revolving Credit Commitments shall terminate on the respective
maturity dates applicable thereto. If the Borrower obtains any Refinancing Revolving Commitments, the Borrower shall, concurrently with the receipt thereof, terminate Revolving Credit Commitments in an equivalent amount. 

(c) Application of Commitment Reductions; Payment of Fees. The Administrative Agent will promptly notify the Lenders of any
termination or reduction of unused portions of the Letter of Credit Sublimit, or the Swing Line Sublimit or the unused Commitments of any Class under this Section 2.06. Upon any reduction of unused Commitments of any Class, the
Commitment of each Lender of such Class shall be reduced by such Lender’s Applicable Percentage of the amount by which such Commitments are reduced (other than the termination of the Commitment of any Lender as provided in
Section 3.06). All Commitment Fees accrued until the effective date of any termination of the Revolving Credit Commitments shall be paid on the effective date of such termination. 

  
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 2.07 Repayment of Loans. 

(a) Term B Loans. Subject to adjustment as a result of the application of prepayments in accordance with Section 2.05,
in each case, solely to the extent of any such amounts applied to the prepayment of the Term Loans, the Term B Loans shall be due and payable, and the Borrower shall repay to the Administrative Agent for the ratable account of the Term B Lenders
quarterly on the last Business Day of each month of March, June, September and December occurring until the Maturity Date, commencing with the first such payment due and payable on June 30, 2013, an amount equal to 0.25% of the aggregate
principal amount of all Term B Loans made by all Term B Lenders under Section 2.01(a); provided, however, that the final principal repayment installment of the Term B Loans shall be due and payable on the Maturity
Date for the Term B Facility and in any event shall be in an amount equal to the aggregate principal amount of all Term B Loans outstanding on such date. 
 (b) Revolving Credit Loans. The Revolving Credit Loans shall be due and payable, and the Borrower shall repay to the Administrative Agent for the ratable account of the Appropriate Lenders, on the
Maturity Date for the Revolving Credit Facility the aggregate principal amount of all Revolving Credit Loans outstanding on such date. 
 (c) Swing Line Loans. Each Swing Line Loan shall be due and payable, and the Borrower shall repay each Swing Line Loan, on the earlier to occur of (i) the date ten Business Days after such
Loan is made and (ii) the Maturity Date for the Revolving Credit Facility. 
 (d) Obligations. All other Obligations
that are due and payable under the Security Documents and to the Administrative Agent, the Collateral Agent, the First Lien Nexstar Agent (as defined in the Senior Second Lien Notes Intercreditor Agreement), the First Lien Mission Agent (as defined
in the Senior Second Lien Notes Intercreditor Agreement), the Nexstar Control Agent (as defined in the Senior Second Lien Notes Intercreditor Agreement) and the Mission Control Agent (as defined in the Senior Second Lien Notes Intercreditor
Agreement) under the Senior Second Lien Notes Intercreditor Agreement but remaining outstanding and unpaid shall be due and payable on the latest maturity date for the Term B Loans, any Incremental Loans or Extensions, as applicable.

 2.08 Interest. 
 (a) Subject to the provisions of subsection (b) below, (i) each Eurodollar Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof for each Interest
Period at a rate per annum equal to the Eurodollar Rate for such Interest Period plus the Applicable Rate for such Facility, (ii) each Base Rate Loan under a Facility shall bear interest on the outstanding principal amount thereof from
the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for such Facility, and (iii) each Swing Line Loan shall bear interest on the outstanding principal amount thereof from the applicable
borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate for the Revolving Credit Facility. 

  
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 (b) (i) If any amount of principal of any Loan is not paid when due (subject to any
applicable grace periods), whether at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by
applicable Laws. 
 (ii) If any amount (other than the principal of any Loan) payable by the Borrower under any
Loan Document is not paid when due (subject to any applicable grace periods), whether at stated maturity, by acceleration or otherwise, then upon the request of the Majority Lenders such amount shall thereafter bear interest at a fluctuating
interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 
 (iii) Accrued and unpaid interest on past due amounts (including interest on past due interest) shall be due and payable upon demand. 

(c) Interest on each Loan shall be due and payable in arrears on each Interest Payment Date applicable thereto and at such other times as
may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of any proceeding under any Debtor Relief Law. 

2.09 Fees. In addition to certain fees described in subsections (h) and (i) of Section 2.03:

 (a) Commitment Fee. The Borrower shall pay to the Administrative Agent for the account of each Revolving Credit Lender
in accordance with its Applicable Revolving Credit Percentage, a commitment fee (the “Commitment Fee”) equal to 0.50% per annum on the actual daily amount by which the aggregate Revolving Credit Commitments exceeds the sum of
(i) the Outstanding Amount of Revolving Credit Loans and (ii) the Outstanding Amount of L/C Obligations (disregarding Swing Line Loans for the purpose of such calculation), subject to adjustment as provided in Section 2.16. For
the avoidance of doubt, the Outstanding Amount of Swing Line Loans shall not be considered usage of the Revolving Credit Facility for purposes of determining the Commitment Fee. The Commitment Fee shall accrue at all times during the Availability
Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December, commencing with
the first such date to occur after the Closing Date, and on the last day of the Availability Period for the Revolving Credit Facility. The Commitment Fee shall be calculated quarterly in arrears. 

(b) Other Fees. 
 (i) The Borrower shall pay to the Agents for their own respective accounts fees in the amounts and at the times specified in the Administrative Agent Fee Letter. Such fees shall be fully earned when paid
and shall not be refundable for any reason whatsoever (except as expressly agreed between the Borrower and the applicable Agent). 

  
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 (ii) The Borrower shall pay to the Lenders such fees as shall have been
separately agreed upon in writing in the amounts and at the times so specified. Such fees shall be fully earned when paid and shall not be refundable for any reason whatsoever (except as expressly agreed between the Borrower and the applicable
Lender). 
 (c) Ticking Fee. If any Permitted Term B Reallocation occurs in accordance with the terms of this Agreement
and the Term B Reallocation Letter, the Borrower shall pay to the Administrative Agent for the account of each Term B Lender in accordance with its Applicable Term B Percentage, a ticking fee (the “Ticking Fee”) which shall accrue
from the date such Permitted Term B Reallocation occurs and is payable in the following amounts during the following periods: 
 (i) for the period commencing on the Closing Date and ending on (but not including) March 3, 2013, a ticking fee equal to 1.75% per annum on the actual daily amount by which the aggregate
Term B Commitment (as so increased by such Permitted Term B Reallocation) exceeds the sum of the aggregate Outstanding Amount of Term B Loans, subject to adjustment as provided in Section 2.16, and 

(ii) for the period commencing on March 3, 2013 and ending on the Term B Advance Period Termination Date, a
ticking fee equal to 3.50% per annum on the actual daily amount by which the aggregate Term B Commitment (as so increased by such Permitted Term B Reallocation) exceeds the sum of the aggregate Outstanding Amount of Term B Loans,
subject to adjustment as provided in Section 2.16; 
 The Ticking Fee shall accrue at all times after the Permitted Term B
Reallocation and during the Term B Advance Period, including at any time during which one or more of the conditions in Article IV is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June,
September and December, commencing with the first such date to occur after the Permitted Term B Reallocation, and on the Term B Advance Period Termination Date. The Ticking Fee shall be calculated quarterly in arrears. 

2.10 Computation of Interest and Fees. 
 (a) All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to the Eurodollar Rate) shall be made on the basis of a year of 365 days or 366 days, as the
case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis
of a 365-day year). Interest shall accrue on each Loan for the day on which such Loan is made, and shall not accrue on such Loan, or any portion thereof, for the day on which such Loan or such portion is paid, provided that any such Loan that
is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest for one day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all
purposes, absent manifest error. 

  
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 (b) If, as a result of any restatement of or other adjustment to the financial statements of
the Ultimate Parent or the Borrower, the Borrower, the Ultimate Parent or the Lenders determine that (i) the Consolidated Total Net Leverage Ratio as calculated by the Borrower or the Ultimate Parent as of any applicable date was inaccurate and
(ii) a proper calculation of the Consolidated Total Net Leverage Ratio would have resulted in higher pricing for such period, the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of
the applicable Term B Lenders promptly on demand by the Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code of the United States,
automatically and without further action by the Administrative Agent or any Lender), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for
such period. This paragraph shall not limit the rights of the Administrative Agent or any Lender, as the case may be, under Section 2.08(b) or under Article VIII. The Borrower’s obligations under this paragraph shall survive
for a period of one year following the termination of the Aggregate Commitments and the Mission Aggregate Commitments, and the repayment of all other Obligations hereunder and Mission Obligations. 

2.11 Evidence of Debt. 
 (a) The Credit Extensions made by each Lender shall be evidenced by one or more accounts or records maintained by such Lender and evidenced by one or more entries in the Register maintained by the
Administrative Agent, acting solely for purposes of Treasury Regulation Section 5f.103-1(c), as agent for the Borrower, in each case in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each
Lender shall be prima facie absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or
otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the
Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of demonstrable error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall
execute and deliver to such Lender (through the Administrative Agent) a Note payable to such Lender, which shall evidence such Lender’s Loans in addition to such accounts or records. Each Lender may attach schedules to its Note and endorse
thereon the date, Type (if applicable), amount and maturity of its Loans and payments with respect thereto. 
 (b) In addition
to the accounts and records referred to in subsection (a) above, each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records and, in the case of the Administrative Agent, entries in
the Register, evidencing the purchases and sales by such Lender of participations in Letters of Credit and Swing Line Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and
records of any Lender in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of demonstrable error. 

  
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 2.12 Payments Generally; Administrative Agent’s Clawback. 

(a) General. All payments to be made by the Borrower shall be made free and clear of and without condition or deduction for any
counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective Lenders to which such payment is owed, at
the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender its Applicable Percentage in respect of the
relevant Facility or relevant Incremental Facility (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent
after 2:00 p.m. shall be deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be
made on the next following Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be; provided that, if such extension would cause payment of interest on, or principal, of Eurodollar Rate
Loans to be made in the next succeeding calendar month, such payment shall be made on the immediately preceding Business Day. 
 (b) (i) Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar
Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of such Borrowing, the Administrative
Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02 (or, in the case of a Borrowing of Base Rate Loans, that such Lender has made such share available in accordance with and at the
time required by Section 2.02) and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a Lender has not in fact made its share of the applicable Borrowing available to the
Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in immediately available funds with interest thereon, for each day from and including
the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be made by such Lender, the Overnight Rate, plus any administrative, processing or
similar fees customarily charged by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If the Borrower and such Lender shall
pay such interest to the Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid by the Borrower for such period. If such Lender pays its share of the
applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included in such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender
that shall have failed to make such payment to the Administrative Agent. 

  
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 (ii) Payments by Borrower; Presumptions by Administrative Agent.
Unless the Administrative Agent shall have received notice from the Borrower prior to the time at which any payment is due to the Administrative Agent for the account of the Lenders or the relevant L/C Issuer hereunder that the Borrower will not
make such payment, the Administrative Agent may assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Appropriate Lenders or such L/C Issuer, as the case may
be, the amount due. In such event, if the Borrower has not in fact made such payment, then each of the Appropriate Lenders or such L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount
so distributed to such Lender or such L/C Issuer, in immediately available funds with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at
the Overnight Rate. 
 A notice of the Administrative Agent to any Lender or the Borrower with respect to any amount owing under
this subsection (b) shall be conclusive, absent manifest error. 
 (c) Failure to Satisfy Conditions
Precedent. If any Lender makes available to the Administrative Agent funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the
Administrative Agent because the conditions to the applicable Credit Extension set forth in Article IV are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall return such funds (in like funds as
received from such Lender) to such Lender, without interest. 
 (d) Obligations of Lenders Several. The obligations of
the Lenders hereunder to make Term Loans and Revolving Credit Loans, to fund participations in Letters of Credit and Swing Line Loans and to make payments pursuant to Section 10.04(c) are several and not joint. The failure of any Lender
to make any Loan, to fund any such participation or to make any payment under Section 10.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall
be responsible for the failure of any other Lender to so make its Loan, to purchase its participation or to make its payment under Section 10.04(c). 
 (e) Funding Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it
has obtained or will obtain the funds for any Loan in any particular place or manner. 
 (f) Insufficient Funds. Whenever
any payment received by the Administrative Agent under this Agreement or any of the other Loan Documents is insufficient to pay in full all amounts due and payable to the Administrative Agent, the L/C Issuers, the Swing Line Lender and the Lenders
under or in respect of this Agreement and the other Loan Documents on any date, such payment shall be distributed by the Administrative Agent and applied by the 

  
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Administrative Agent in the order of priority set forth in Section 8.04. If the Administrative Agent receives funds for application to the Obligations of the Loan Parties under or in
respect of the Loan Documents under circumstances for which the Loan Documents do not specify the manner in which such funds are to be applied, the Administrative Agent may, but shall not be obligated to, elect to distribute such funds
(i) first, toward payment of interest and fees then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of
principal and L/C Borrowings then due hereunder, ratably among the parties entitled thereto in accordance with the amounts of principal and L/C Borrowings then due to such parties. 

2.13 Sharing of Payments by Lenders. If, other than as expressly provided elsewhere herein, any Lender shall, by exercising any
right of setoff or counterclaim or otherwise, obtain payment on account of Loans made by it or the participations in L/C Obligations and Swing Line Loans held by it resulting in such Lender receiving payment greater than its pro rata share (or other
share contemplated hereunder) thereof as provided herein, then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value) participations in the Loans and
subparticipations in L/C Obligations and Swing Line Loans of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in accordance with the aggregate
amount of principal of and accrued interest on their respective Loans, L/C Obligations or Swing Line Loans, as applicable, and owing them; provided that: 
 (i) if any such participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and
the purchase price restored to the extent of such recovery, without interest; and 
 (ii) the provisions of this
Section 2.13 shall not be construed to apply to (A) any payment made by or on behalf of the Borrower pursuant to and in accordance with the express terms of this Agreement (including the application of funds arising from the
existence of a Defaulting Lender), (B) the application of Cash Collateral provided for in Section 2.17, (C) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans
or subparticipations in L/C Obligations or Swing Line Loans to any assignee or participant in accordance with the terms of Section 10.06 or (D) any reallocation in accordance with the terms of Section 10.21. 

Each Loan Party and each Restricted Subsidiary of a Loan Party consents to the foregoing and agrees, to the extent it may effectively do
so under applicable Law, that any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against such Loan Party or such Restricted Subsidiary of a Loan Party rights of setoff and counterclaim with respect to such
participation as fully as if such Lender were a direct creditor of such Loan Party or such Restricted Subsidiary of a Loan Party in the amount of such participation. The Administrative Agent will keep records (which shall be conclusive and binding
in the absence of demonstrable error) of participations purchased under this Section 2.13 and will in each case notify the Lenders following any such purchases or repayments. Each Lender that purchases a participation pursuant to this
Section 2.13 shall from and after such purchase have the right to give all notices, requests, demands, directions and other communications under this Agreement with respect to the portion of the Obligations purchased to the same extent
as though the purchasing Lender were the original owner of the Obligations purchased. 

  
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 2.14 Incremental Credit Extensions. 

(a) At any time and from time to time, subject to the terms and conditions set forth herein, the Borrower may, by notice to the
Administrative Agent (whereupon the Administrative Agent shall promptly deliver a copy to each of the Lenders), request to add one or more tranches of term A loans (the “Incremental Term A Loans”) or term B loans (the
“Incremental Term B Loans” and, together with the Incremental Term A Loans, the “Incremental Term Loans”), one or more increases in any Class of Term Loans or Incremental Term Loans (the “Incremental Term
Loan Increases”), one or more additional revolving credit facility tranches (the “Incremental Revolving Facilities”) or one or more increases in the Revolving Credit Commitments (the “Incremental Revolving
Commitments”; together with the Incremental Term Loans, the Incremental Term Loan Increases and the Incremental Revolving Facilities, the “Incremental Facilities”); provided that (i) at the time of each such
request and upon the effectiveness of each Incremental Facility Amendment, no Default has occurred and is continuing or shall result therefrom, (ii) after giving Pro Forma Effect thereto (assuming that any such Incremental Revolving Facilities
or Incremental Revolving Commitments are drawn in full and excluding the cash proceeds of such Incremental Facility) and after giving effect to any Specified Transaction consummated in connection therewith, the Borrower is in compliance (on a Pro
Forma Basis) with the Consolidated First Lien Net Leverage Ratio and the Consolidated Total Net Leverage Ratio Financial Covenants as of the end of the most recent Test Period (as if the incurrence of such Incremental Facility had occurred on the
first day of such Test Period) and (iii) the sum of (A) the aggregate principal amount of the Revolving Credit Commitment, (B) the aggregate amount of the Mission Revolving Credit Commitment, (C) all Incremental Facilities
consisting of Incremental Revolving Commitments and Incremental Term A Loans, and (D) Mission Incremental Facilities consisting of Mission Incremental Revolving Commitments and Mission Incremental Term A Loans, shall not exceed $150,000,000.

 (b) The Incremental Facilities are subject to the following terms and conditions: 

(i) each Incremental Facility shall have the same guarantees as, and be secured on a pari passu basis by the same
Collateral securing, the Obligations hereunder; 
 (ii) no existing Lender will be required to participate in any
such Incremental Facility without its consent; 
 (iii) no Default would exist after giving effect thereto;

 (iv) the maturity date of any such Incremental Term B Loans (including any Refinancing Term Loans) shall be no
earlier than the Maturity Date of the Term B Loans and the Weighted Average Life to Maturity of such Incremental Term B Loans shall be not shorter than the then remaining Weighted Average Life to Maturity of the Term B Loans; 

  
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 (v) in the case of Incremental Revolving Commitments, (A) the maturity
date of such Incremental Revolving Commitments shall be the same as the Maturity Date of the Revolving Credit Facility, (B) such Incremental Revolving Commitments shall require no scheduled amortization or mandatory commitment reduction prior
to the Maturity Date of the Revolving Credit Facility and (C) the Incremental Revolving Commitments shall be on the exact same terms and pursuant to the exact same documentation applicable to the Revolving Credit Facility; 

(vi) in the case of an Incremental Revolving Facility, (A) the maturity date of such Incremental Revolving Facility
shall be no earlier than the Maturity Date of the Revolving Credit Facility, (B) such Incremental Revolving Facility shall require no scheduled amortization or mandatory commitment reduction prior to the Maturity Date of the Revolving Credit
Facility, (C) the Incremental Revolving Facility shall be on substantially the same terms and pursuant to substantially the same documentation applicable to the Revolving Credit Facility, and (D) borrowings and repayments under the
Incremental Revolving Facility shall be made on a pro rata basis with the Revolving Credit Facility; 
 (vii) the
interest rate margins, the maturity date of any Incremental Term A Loans and (subject to clauses (iv) and (vi) above, as appropriate) amortization schedule applicable to any Incremental Term Loans or Incremental Revolving
Facilities shall be determined by the Borrower and the lenders thereunder; provided that in the event that the total all in interest rate margins for any Incremental Term B Loans or any Incremental Revolving Facility (in each case, other than
Refinancing Term Loans and Refinancing Revolving Commitments) that is incurred on or prior to the date that is 18 months after the Closing Date are higher than the interest rate margins for the Term B Loans or the Revolving Credit Facility, as
applicable, by more than (in any case) 50 basis points, then the interest rate margins for the Term B Loans or the Revolving Credit Facility, as the case may be, shall be increased to the extent necessary so that such interest rate margins are equal
to the interest rate margins for such Incremental Term B Loans, or Incremental Revolving Facility, as the case may be, minus 50 basis points; provided, further, that, in determining the interest rate margins applicable to the
Incremental Term B Loans and the Term B Loans or the Incremental Revolving Facility and the Revolving Credit Facility, (A) customary arrangement or commitment fees payable to the Arrangers (or their affiliates) in connection with the Term B
Loans or the Revolving Credit Facility or to one or more arrangers (or their affiliates) of any Incremental Term A Loans, Incremental Term B Loans or Incremental Revolving Facility shall be excluded, (B) original issue discount
(“OID”) and upfront fees paid to the lenders thereunder shall be included (with OID being equated to interest based on assumed four-year life to maturity or, if shorter, the actual weighted average life to maturity) and (C) if
the Incremental Term B Loans or the Incremental Revolving Facilities include an interest rate floor greater than the applicable interest rate floor under the Term B Loans or the Revolving Credit Facility, such differential between interest rate
floors shall be equated to the applicable interest rate margin for purposes of determining whether an increase to the interest rate margin under the Facilities shall be required, but only to the extent an increase in the interest rate floor in the
Term B Loans or the Revolving Credit Facility, as applicable, would cause an increase in the interest rate then in effect thereunder, and in such case the interest rate floor (but not the interest rate margin) applicable to the Term B Loans or the
Revolving Credit Facility, as applicable, shall be increased to the extent of such differential between interest rate floors; 

  
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 (viii) any Incremental Term A Loans, for purposes of prepayments, shall be
treated substantially the same as (and in any event no more favorably than) the Term B Loans; 
 (ix) any
Incremental Term B Loans, for purposes of prepayments, shall be treated substantially the same as (and in any event no more favorably than) the Term B Loans; 
 (x) any Incremental Term Loans or any Incremental Revolving Facility shall be on terms and pursuant to documentation to be determined; provided that, to the extent such terms and documentation are
not consistent with the Term B Loans or the Revolving Credit Facility, as the case may be (except to the extent permitted by clauses (iv), (vi), (vii), (viii) and (ix) above), they shall be
reasonably satisfactory to the Administrative Agent; provided, further, that, in the case of any Refinancing Term Loans and Refinancing Revolving Commitments with terms approved by the Administrative Agent pursuant to this clause
(x), (A) the terms and conditions of such Incremental Term Loans and Incremental Revolving Facility (excluding pricing and optional prepayment or redemption terms) reflect market terms on the date of incurrence, (B) such Incremental
Term Loans or Incremental Revolving Facility shall be subject to the Intercreditor Agreement and (C) such Incremental Term Loans or Incremental Revolving Facility shall not contain covenants (including financial maintenance covenants), taken as
a whole, that are materially tighter than (or in addition to) those contained in this Agreement (except for covenants applicable only to the period after the Maturity Date of the Term B Loans); provided, however, that a certificate of
a Responsible Officer of the Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Refinancing Term Loans or Refinancing Revolving Commitments, as the case may be, together with a reasonably
detailed description of the material terms and conditions of such Refinancing Term Loans or Refinancing Revolving Commitments, as the case may be, or drafts of the documentation relating thereto, stating that the Borrower has determined in good
faith that such terms and conditions satisfy the foregoing requirement, shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower within such five Business Day
period that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees); and 
 (xi) each Incremental Facility shall be in an integral multiple of $1,000,000 and be in an aggregate principal amount that is not less than (A) $25,000,000 in the case of any Incremental Term Loans
or Incremental Term Loan Increases or (B) $10,000,000 in the case of any Incremental Revolving Facilities or Incremental Revolving Commitments; provided that such amount may be less than the applicable minimum amount if such amount
represents all the remaining availability hereunder as set forth above. 

  
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 (c) Each notice from the Borrower pursuant to this Section shall set forth the
requested amount and proposed terms of the relevant Incremental Term Loans, Incremental Term Loan Increases, Incremental Revolving Facilities and/or Incremental Revolving Commitments. Any additional bank, financial institution, existing Lender or
other Person that elects to provide the applicable Incremental Facility shall be an Eligible Assignee that is reasonably satisfactory to the Borrower and the Administrative Agent (any such bank, financial institution, existing Lender or other Person
being called an “Additional Lender”) and, if not already a Lender, shall become a Lender under this Agreement pursuant to an amendment (an “Incremental Facility Amendment”) to this Agreement and, as appropriate, the
other Loan Documents, executed by the Intermediate Parent, the Ultimate Parent, the Borrower, such Additional Lender and the Administrative Agent. No Incremental Facility Amendment shall require the consent of any Lenders other than the Additional
Lenders with respect to such Incremental Facility Amendment. Commitments in respect of any Incremental Facilities shall become Commitments under this Agreement. An Incremental Facility Amendment may, without the consent of any other Lenders, effect
such amendments to any Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 2.14. The effectiveness of any Incremental Facility Amendment shall, unless
otherwise agreed to by the Administrative Agent and the Additional Lenders, be subject to the satisfaction on the date thereof (each, an “Incremental Facility Closing Date”) of each of the conditions set forth in
Section 4.02 (it being understood that (i) all references to “the date of such Credit Extension” in Section 4.02 shall be deemed to refer to the Incremental Facility Closing Date, (ii) the Incremental
Facility Closing Date shall be deemed to be the initial Credit Extension for purposes of Section 4.02(a) and (iii) to the extent the proceeds of any Incremental Facility are being used to finance a Permitted Acquisition and the
lenders under such Incremental Facility agree, the conditions in Section 4.02 may be subject to customary “SunGard” limitations). The proceeds of any Incremental Term Loans and Incremental Term Loan Increases will be used only
for general corporate purposes (including Permitted Acquisitions). Upon each increase in the Aggregate Commitments pursuant to this Section, each Revolving Credit Lender immediately prior to such increase will automatically and without further act
be deemed to have assigned to each Lender providing a portion of the Incremental Revolving Commitment (each a “Incremental Revolving Lender”) in respect of such increase, and each such Incremental Revolving Lender will automatically
and without further act be deemed to have assumed, a portion of such Revolving Credit Lender’s participations hereunder in outstanding Letters of Credit and Swing Line Loans such that, after giving effect to each such deemed assignment and
assumption of participations, the percentage of the aggregate outstanding (A) participations hereunder in Letters of Credit and (B) participations hereunder in Swing Line Loans held by each Revolving Credit Lender (including each such
Incremental Revolving Lender) will equal the percentage of the aggregate Revolving Credit Commitments of all Revolving Credit Lenders represented by such Revolving Credit Lender’s Commitment. The Administrative Agent and the Lenders hereby
agree that the minimum borrowing, pro rata borrowing and pro rata payment requirements contained elsewhere in this Agreement shall not apply to the transactions effected pursuant to the immediately preceding sentence. 

  
 111

 2.15 Extensions of Term Loans and Revolving Credit Commitments. 

(a) Notwithstanding anything to the contrary in this Agreement, pursuant to one or more offers (each, an “Extension
Offer”) made from time to time by the Borrower to all Lenders of any tranche of Term Loans with a like maturity date or Revolving Credit Commitments with a like maturity date, in each case on a pro rata basis (based on the aggregate
outstanding principal amount of the respective Term Loans or Revolving Credit Commitments with a like maturity date, as the case may be) and on the same terms to each such Lender, the Borrower is hereby permitted to consummate from time to time
transactions with individual Lenders that accept the terms contained in such Extension Offers to extend the maturity date of each such Lender’s relevant tranche of Term Loans and/or Revolving Credit Commitments and otherwise modify the terms of
such tranche of Term Loans and/or Revolving Credit Commitments pursuant to the terms of the relevant Extension Offer (including, without limitation, by increasing the interest rate or fees payable in respect of such Term Loans and/or Revolving
Credit Commitments (and related outstandings) and/or modifying the amortization schedule in respect of such Lender’s Term Loans) (each, an “Extension,” and each group of Term Loans or Revolving Credit Commitments, as
applicable, in each case as so extended, as well as the original Term Loans and the original Revolving Credit Commitments (in each case not so extended), being a “tranche”; any Extended Term Loans (as defined below) shall constitute a
separate tranche of Term Loans from the tranche of Term Loans from which they were converted, and any Extended Revolving Credit Commitments (as defined below) shall constitute a separate tranche of Revolving Credit Commitments from the tranche of
Revolving Credit Commitments from which they were converted), so long as the following terms are satisfied: (i) no Default shall have occurred and be continuing at the time the offering document in respect of an Extension Offer is
delivered to the Lenders, (ii) except as to interest rates, fees and final maturity (which shall be determined by the Borrower and set forth in the relevant Extension Offer), the Revolving Credit Commitment of any Revolving Credit Lender that
agrees to an extension with respect to such Revolving Credit Commitment (an “Extending Revolving Credit Lender”) extended pursuant to an Extension (an “Extended Revolving Credit Commitment”), and the related
outstandings, shall be a Revolving Credit Commitment (or related outstandings, as the case may be) with the same terms as the original Revolving Credit Commitments (and related outstandings); provided that (A) subject to the provisions
of Sections 2.03(l) and 2.04(g) to the extent dealing with Swing Line Loans and Letters of Credit which mature or expire after a maturity date when there exist Extended Revolving Credit Commitments with a longer maturity date, all
Swing Line Loans and Letters of Credit shall be participated in on a pro rata basis by all Lenders with Revolving Credit Commitments in accordance with their Applicable Revolving Credit Percentages (and except as provided in Sections 2.03(l)
and 2.04(g), without giving effect to changes thereto on an earlier maturity date with respect to Swing Line Loans and Letters of Credit theretofore incurred or issued) and all borrowings under Revolving Credit Commitments and repayments
thereunder shall be made on a pro rata basis (except for (1) payments of interest and fees at different rates on Extended Revolving Credit Commitments (and related outstandings) and (2) repayments required upon the maturity date of the
non-extending Revolving Credit Commitments) and (B) at no time shall there be Revolving Credit Commitments hereunder (including Extended Revolving Credit Commitments and any original Revolving Credit Commitments) which have more than three
different maturity dates, (iii) except as to interest rates, fees, amortization, final maturity date, premium, required prepayment dates and participation in prepayments (which shall, subject to immediately succeeding clauses (iv),
(v) and (vi), be determined between the Borrower and set 

  
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forth in the relevant Extension Offer), the Term Loans of any Term Lender that agrees to an extension with respect to such Term Loans (an “Extending Term Lender”) extended
pursuant to any Extension (“Extended Term Loans”) shall have the same terms as the tranche of Term Loans subject to such Extension Offer until the maturity of such Term Loans, (iv) the final maturity date of any Extended Term
Loans shall be no earlier than the then latest maturity date hereunder and the amortization schedule applicable to Term B Loans pursuant to Section 2.07(a) for periods prior to the Maturity Date for Term B Loans, as applicable, may not
be increased, (v) the Weighted Average Life to Maturity of any Extended Term Loans shall be no shorter than the remaining Weighted Average Life to Maturity of the Term Loans extended thereby, (vi) any Extended Term Loans may participate on
a pro rata basis or a less than pro rata basis (but not greater than a pro rata basis) in any voluntary or mandatory repayments or prepayments hereunder, in each case as specified in the respective Extension Offer, (vii) if the aggregate
principal amount of Term Loans (calculated on the face amount thereof) or Revolving Credit Commitments, as the case may be, in respect of which Term Lenders or Revolving Credit Lenders, as the case may be, shall have accepted the relevant Extension
Offer shall exceed the maximum aggregate principal amount of Term Loans or Revolving Credit Commitments, as the case may be, offered to be extended by the Borrower pursuant to such Extension Offer, then the Term Loans or Revolving Credit Loans, as
the case may be, of such Term Lenders or Revolving Credit Lenders, as the case may be, shall be extended ratably up to such maximum amount based on the respective principal amounts (but not to exceed actual holdings of record) with respect to which
such Term Lenders or Revolving Credit Lenders, as the case may be, have accepted such Extension Offer, (viii) all documentation in respect of such Extension shall be consistent with the foregoing, (ix) any applicable Minimum Extension
Condition shall be satisfied unless waived by the Borrower, (x) the Minimum Tranche Amount shall be satisfied unless waived by the Administrative Agent and (xi) an extension comparable to each such Extension has been consummated (or will
be concurrently consummated) with respect to the relevant Mission Loans under the Mission Credit Agreement on a pro rata basis. 

(b) With respect to all Extensions consummated by the Borrower pursuant to this subsection, (i) such Extensions shall not constitute
voluntary or mandatory payments or prepayments for purposes of Section 2.05 and (ii) no Extension Offer is required to be in any minimum amount or any minimum increment; provided that (A) the Borrower may at its election
specify as a condition (a “Minimum Extension Condition”) to consummating any such Extension that a minimum amount (to be determined and specified in the relevant Extension Offer in the Borrower’s sole discretion and may be
waived by the Borrower) of Term Loans or Revolving Credit Commitments (as applicable) of any or all applicable tranches be tendered and (B) no tranche of Extended Term Loans shall be in an amount of less than $20,000,000 (or, if less, the then
aggregate outstanding amount of the Term Loans) (the “Minimum Tranche Amount”), unless such Minimum Tranche Amount is waived by the Administrative Agent. The Administrative Agent and the Lenders hereby consent to the transactions
contemplated by this subsection (including, for the avoidance of doubt, payment of any interest, fees or premium in respect of any Extended Term Loans and/or Extended Revolving Credit Commitments on such terms as may be set forth in the relevant
Extension Offer) and hereby waive the requirements of any provision of this Agreement (including, without limitation, Sections 2.05, 2.12, 2.13 and 10.01) or any other Loan Document that may otherwise prohibit any such
Extension or any other transaction contemplated by this Section. 

  
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 (c) No consent of any Lender or the Administrative Agent shall be required to effectuate any
Extension, other than the consent of each Lender agreeing to such Extension with respect to one or more of its Term Loans and/or Revolving Credit Commitments (or a portion thereof). Each Lender may, but is not obligated to, extend the maturity date
of each such Lender’s Term Loans and/or Revolving Credit Commitments. With respect to any Extension of the Revolving Credit Commitments, if the consent of (i) an L/C Issuer is not obtained, such L/C Issuer’s commitment to issue
Letters of Credit in accordance with Section 2.03 shall terminate on the Maturity Date for the Revolving Credit Facility and (ii) the Swing Line Lender is not obtained, the Swing Line Lender’s commitment to extend Swing Line
Loans in accordance with Section 2.04 shall terminate on the Maturity Date for the Revolving Credit Facility. All Extended Term Loans, all Extended Revolving Credit Commitments and all obligations in respect thereof shall be Obligations
under this Agreement and the other Loan Documents that are secured by the Collateral on a pari passu basis with all other applicable Obligations under this Agreement and the other Loan Documents. The Lenders hereby irrevocably authorize the
Administrative Agent to enter into amendments to this Agreement and the other Loan Documents with the Borrower as may be necessary in order to establish new tranches or sub-tranches in respect of Revolving Credit Commitments or Term Loans so
extended and such technical amendments as may be necessary or appropriate in the reasonable opinion of the Administrative Agent and the Borrower in connection with the establishment of such new tranches or sub-tranches, in each case on terms
consistent with this subsection. Without limiting the foregoing, in connection with any Extensions the respective Loan Parties shall (at their expense) amend (and the Administrative Agent and the Collateral Agent are hereby directed to amend) any
Mortgage that has a maturity date prior to the then latest maturity date so that such maturity date is extended to the then latest maturity date (or such later date as may be advised by local counsel to the Administrative Agent or Collateral Agent).

 (d) In connection with any Extension, the Borrower shall provide the Administrative Agent at least five Business Days’
(or such shorter period as may be agreed by the Administrative Agent) prior written notice thereof, and shall agree to such procedures (including, without limitation, regarding timing, rounding and other adjustments and to ensure reasonable
administrative management of the credit facilities hereunder after such Extension), if any, as may be established by, or acceptable to, the Administrative Agent, in each case acting reasonably to accomplish the purposes of this Section. 

2.16 Defaulting Lenders. 
 (a) Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as that Lender is no longer a Defaulting
Lender, to the extent permitted by applicable Law: 
 (i) Waivers and Amendments. Such Defaulting
Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definitions of “ Majority Lenders,” “Required Revolving Credit Lenders,”
“Required Term B Lenders” and Section 10.01. 

  
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 (ii) Defaulting Lender Waterfall. Any payment of principal, interest,
fees or other amounts received by the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article VIII or otherwise) or received by the Administrative Agent from a
Defaulting Lender pursuant to Section 10.08 shall be applied at such time or times as may be determined by the Administrative Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the
Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to any applicable L/C Issuer or Swing Line Lender hereunder; third, at the request of the Administrative Agent or
the relevant L/C Issuer or Swing Line Lender, to Cash Collateralize the L/C Issuer’s or Swing Line Lender’s Fronting Exposure with respect to such Defaulting Lender in accordance with Section 2.17; fourth, as the
Borrower may request (so long as no Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof as required by this Agreement, as determined by the Administrative Agent;
fifth, if so determined by the Administrative Agent and the Borrower, to be held in a non-interest bearing deposit account and released pro rata in order to (A) satisfy such Defaulting Lender’s potential future funding obligations
with respect to Loans under this Agreement, (B) Cash Collateralize any L/C Issuer’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Agreement, in accordance with
Section 2.17 and (C) Cash Collateralize the Swing Line Lender’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Swing Line Loans under this Agreement, in accordance with
Section 2.17; sixth, to the payment of any amounts owing to the Lenders, any L/C Issuer or the Swing Line Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, any L/C Issuer or the Swing
Line Lender against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; seventh, to the payment of any amounts owing to the Borrower as a result of any judgment of a court of
competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Agreement; and eighth, to such Defaulting Lender or as otherwise directed by a
court of competent jurisdiction; provided that if (1) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect of which such Defaulting Lender has not fully funded its appropriate share, and
(2) such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 4.02 were satisfied or waived, such payment shall be applied solely to pay the Loans of, and L/C Obligations
owed to, all non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Obligations owed to, such Defaulting Lender until such time as all Loans and funded and unfunded participations in L/C Obligations
and Swing Line Loans are held by the Lenders pro rata in accordance with the Commitments hereunder without giving effect to Section 2.16(a)(iv). Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are
applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.16(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto.

  
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 (iii) Certain Fees. 

(A) No Defaulting Lender shall be entitled to receive any fee payable under Section 2.09(a) for any period
during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender). 

(B) Each Defaulting Lender shall be entitled to receive Letter of Credit Fees for any period during which that Lender is a
Defaulting Lender only to the extent allocable to its Applicable Revolving Credit Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.17. 

(C) With respect to any Letter of Credit Fee not required to be paid to any Defaulting Lender pursuant to
clause (B) above, the Borrower shall (1) pay to each non-Defaulting Lender that portion of any such fee otherwise payable to such Defaulting Lender with respect to such Defaulting Lender’s participation in L/C Obligations or
Swing Line Loans that has been reallocated to such non-Defaulting Lender pursuant to clause (iv) below, (2) pay to the applicable L/C Issuer and Swing Line Lender, as applicable, the amount of any such fee otherwise payable to such
Defaulting Lender to the extent allocable to such L/C Issuer’s or the Swing Line Lender’s Fronting Exposure to such Defaulting Lender, and (3) not be required to pay the remaining amount of any such fee. 

(iv) Reallocation of Applicable Revolving Credit Percentages to Reduce Fronting Exposure. All or any part of such
Defaulting Lender’s participation in L/C Obligations and Swing Line Loans shall be reallocated among the non-Defaulting Lenders in accordance with their respective Applicable Revolving Credit Percentages (calculated without regard to such
Defaulting Lender’s Revolving Credit Commitment) but only to the extent that such reallocation does not cause the aggregate Revolving Credit Exposure of any non-Defaulting Lender to exceed such non-Defaulting Lender’s Revolving Credit
Commitment. No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising from that Lender having become a Defaulting Lender, including any claim of a non-Defaulting Lender as
a result of such non-Defaulting Lender’s increased exposure following such reallocation. 
 (v) Cash
Collateral, Repayment of Swing Line Loans. If the reallocation described in clause (a)(iv) above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under
applicable Law, (A) first, prepay Swing Line Loans in an amount equal to the Swing Line Lender’s Fronting Exposure and (B) second, Cash Collateralize the L/C Issuers’ Fronting Exposure in accordance with the
procedures set forth in Section 2.17. 
 (b) Defaulting Lender Cure. If the Borrower, the Administrative
Agent, the Swing Line Lender and each relevant L/C Issuer agree in writing in their sole discretion that a Defaulting Lender should no longer be deemed to be a Defaulting Lender, the Administrative

  
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Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may include arrangements with respect
to any Cash Collateral), that Lender will, to the extent applicable, purchase at par that portion of outstanding Revolving Credit Loans of the other Lenders or take such other actions as the Administrative Agent may determine to be necessary to
cause the Revolving Credit Loans and funded and unfunded participations in Letters of Credit and Swing Line Loans to be held on a pro rata basis by the Revolving Credit Lenders in accordance with their Applicable Revolving Credit Percentages
(without giving effect to Section 2.16(a)(iv)), whereupon such Revolving Credit Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by
or on behalf of the Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from a Defaulting Lender to a Lender will
constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 
 2.17 Cash Collateral. 
 (a) Certain Credit Support Events. Upon the
request of the Administrative Agent or the relevant L/C Issuer, if (i) any L/C Issuer has honored any full or partial drawing request under any Letter of Credit and such drawing has resulted in an L/C Borrowing or (ii) as of the Letter of
Credit Expiration Date, any L/C Obligation for any reason remains outstanding unless the Borrower has entered into arrangements reasonably satisfactory to the relevant L/C Issuer to Cash Collateralize the Outstanding Amount of such L/C Obligations
or backstop such Letter of Credit in accordance with Section 2.03(a)(ii), the Borrower shall (A) in the case of clause (i) above, immediately Cash Collateralize the amount of the unreimbursed drawing of such Letter of
Credit resulting in such L/C Borrowing and (B) in the case of clause (ii) above, immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations. If the Borrower shall be required to provide Cash Collateral
pursuant to Section 8.02(c), the Borrower shall (subject to the request or consent of the Majority Lenders as provided in Section 8.02), immediately Cash Collateralize the then Outstanding Amount of all L/C Obligations. In
addition, if the Administrative Agent notifies the Borrower at any time that the Outstanding Amount of all L/C Obligations at such time exceeds 105% of the Letter of Credit Sublimit then in effect, then within two Business Days after receipt of such
notice, the Borrower shall Cash Collateralize the L/C Obligations in an amount equal to the amount by which the Outstanding Amount of all L/C Obligations exceeds the Letter of Credit Sublimit. At any time that there shall exist a Defaulting Lender,
promptly upon the request of the Administrative Agent, an L/C Issuer or the Swing Line Lender, the Borrower shall deliver to the Administrative Agent Cash Collateral in an amount sufficient to cover all Fronting Exposure (after giving effect to
Section 2.16(a)(iv) and any Cash Collateral provided by the Defaulting Lender). If at any time the Administrative Agent determines that any funds held as Cash Collateral are subject to any right or claim of any Person other than the
Administrative Agent or that the total amount of such funds is less than the aggregate Outstanding Amount of all L/C Obligations, the Borrower will, forthwith upon demand by the Administrative Agent, pay to the Administrative Agent, as additional
funds to be deposited as Cash Collateral, an amount equal to the excess of (x) such aggregate Outstanding Amount over (y) the total amount of funds, if any, then held as Cash Collateral that the Administrative Agent determines to be free
and clear of any such right and claim. Upon the drawing of any Letter of Credit for which funds are on deposit as Cash Collateral, such funds shall be applied, to the extent permitted under applicable Laws, to reimburse the relevant L/C Issuer.

  
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 (b) Grant of Security Interest. The Borrower, and to the extent provided by
any Defaulting Lender, such Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuers and the Lenders (including the Swing Line Lender), and agrees to
maintain, a first priority security interest in all such cash, deposit accounts and all balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to
which such Cash Collateral may be applied pursuant to Section 2.17(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent as herein
provided, or that the total amount of such Cash Collateral is less than the applicable Fronting Exposure and other obligations secured thereby, the Borrower or the relevant Defaulting Lender will, promptly upon demand by the Administrative Agent,
pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency. All Cash Collateral (other than credit support not constituting funds subject to deposit) shall be maintained in a Cash
Collateral Account. The Borrower shall pay on demand therefor from time to time all customary account opening, activity and other administrative fees and charges in connection with the maintenance and disbursement of Cash Collateral.

 (c) Application. Notwithstanding anything to the contrary contained in this Agreement, Cash Collateral
provided under any of this Section 2.17 or Sections 2.03, 2.04, 2.05, 2.16 or 8.02 in respect of Letters of Credit or Swing Line Loans shall be held and applied to the satisfaction of the specific L/C
Obligations, Swing Line Loans, obligations to fund participations therein (including, as to Cash Collateral provided by a Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so
provided, prior to any other application of such property as may otherwise be provided for herein. 
 (d) Release.
Cash Collateral (or the appropriate portion thereof) provided to reduce Fronting Exposure or to secure other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving
rise thereto (including by the termination of Defaulting Lender status of the applicable Lender (or, as appropriate, its assignee following compliance with Section 10.06(b)(vi))) or (ii) the good faith determination by the
Administrative Agent, the L/C Issuers and the Swing Line Lender that there exists excess Cash Collateral; provided, however, (A) Cash Collateral furnished by or on behalf of a Loan Party shall not be released during the
continuance of any Default (and following application as provided in this Section 2.17 may otherwise be applied in accordance with Section 8.04), (B) any such release shall be without prejudice to, and any disbursement
or other transfer of Cash Collateral shall be and remain subject to, any other Lien conferred under the Loan Documents and the other applicable provisions of the Loan Documents, and (C) the Person providing Cash Collateral and the L/C Issuers
or the Swing Line Lender, as applicable, may agree that Cash Collateral shall not be released but instead held to support future anticipated Fronting Exposure or other obligations. To the extent that the amount of any Cash Collateral exceeds the
aggregate amount of Fronting Exposure or other obligations giving rise thereto plus costs incidental thereto, and so long as no Default or Event of Default has occurred and is continuing, the excess shall be refunded to the Person that provided such
Cash Collateral. 

  
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 2.18 Designation of Subsidiaries. 

(a) Subject to Section 2.18(b), the board of directors of the Borrower may at any time designate any Restricted Subsidiary as
an Unrestricted Subsidiary or any Subsidiary that is an Unrestricted Subsidiary as a Restricted Subsidiary. The designation of any Restricted Subsidiary as an Unrestricted Subsidiary shall constitute an Investment by the Borrower therein at the date
of designation in an amount equal to the fair market value of the Borrower’s investment therein. The designation of any Unrestricted Subsidiary as a Restricted Subsidiary shall constitute the incurrence at the time of designation of any
Indebtedness or Liens of such Subsidiary existing at such time. 
 (b) The Borrower may not (x) designate any Restricted
Subsidiary as an Unrestricted Subsidiary, or (y) designate an Unrestricted Subsidiary as a Restricted Subsidiary, in each case unless: 
 (i) no Default shall have occurred and be continuing or would result therefrom; 
 (ii) in the case of clause (b)(x) only, (A) the Subsidiary to be so designated does not (directly, or indirectly through its Subsidiaries) own any Equity Interests or Indebtedness of, or
own or hold any Lien on any property of, any Nexstar Entity or any Mission Entity, (B) the Subsidiary to be so designated does not guarantee or otherwise provide credit support for the Senior Second Lien Notes or is otherwise obligated under
any other Indenture Documentation or any Permitted Refinancing of any thereof, or any security with respect to any of such debt issuances and (C) none of the Nexstar Entities or Mission Entities shall at any time be directly or indirectly
liable (or otherwise provide credit support for) for any Indebtedness, Lien or other obligation of any Unrestricted Subsidiary (including any right to take enforcement action against such Unrestricted Subsidiary); and 

(iii) the Borrower shall be in compliance (on a Pro Forma Basis) with the Financial Covenants as of the end of the most
recent Test Period (as if such designation had occurred on the first day of such Test Period). 
 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 
 3.01 Taxes. 
 (a) Payments Free of Taxes; Obligation to Withhold;
Payments on Account of Taxes. 
 (i) Any and all payments by or on account of any obligation of any Loan
Party or any Subsidiary of a Loan Party under any Loan Document shall be made without deduction or withholding for any Taxes, except as required by applicable Laws. If any applicable Laws (as determined in the good faith discretion of the
Administrative Agent) require the deduction or withholding of any Tax from any such payment by the Administrative Agent, a Loan Party or any Subsidiary of a Loan Party, then the Administrative Agent, such Loan Party or such Subsidiary of a Loan
Party shall be entitled to make such deduction or withholding, upon the basis of the information and documentation to be delivered pursuant to subsection (e) below. 

  
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 (ii) If any Loan Party or any Subsidiary of a Loan Party or the
Administrative Agent shall be required by the Code to withhold or deduct any Taxes, including both United States Federal backup withholding and withholding taxes, from any payment, then (A) the Administrative Agent shall withhold or make such
deductions as are determined by the Administrative Agent to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) the Administrative Agent shall timely pay the full amount
withheld or deducted to the relevant Governmental Authority in accordance with the Code, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable by the applicable Loan Party or the
applicable Subsidiary of a Loan Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section 3.01)
the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 
 (iii) If any Loan Party, any Subsidiary of a Loan Party or the Administrative Agent shall be required by any applicable Laws other than the Code to withhold or deduct any Taxes from any payment, then
(A) such Loan Party, such Subsidiary of a Loan Party or the Administrative Agent, as required by such Laws, shall withhold or make such deductions as are determined by it to be required based upon the information and documentation it has
received pursuant to subsection (e) below, (B) such Loan Party, such Subsidiary of a Loan Party or the Administrative Agent, to the extent required by such Laws, shall timely pay the full amount withheld or deducted to the relevant
Governmental Authority in accordance with such Laws, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum payable by the applicable Loan Party or the applicable Subsidiary of a Loan Party
shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section 3.01) the applicable Recipient receives an
amount equal to the sum it would have received had no such withholding or deduction been made. 
 (b) Payment of Other Taxes
by the Loan Parties and their Subsidiaries. Without limiting the provisions of subsection (a) above, the Loan Parties and the Subsidiaries of the Loan Parties shall timely pay to the relevant Governmental Authority in accordance with
applicable Law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 
 (c)
Tax Indemnifications. 
 (i) Each of the Loan Parties and the Subsidiaries of the Loan Parties shall, and
does hereby, jointly and severally, indemnify each Recipient, and shall make payment in respect thereof within ten days after demand therefor, for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or
attributable to amounts payable under this Section 3.01) payable or paid by such 

  
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Recipient or required to be withheld or deducted from a payment to such Recipient, and any penalties, interest and 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 as to the amount of such payment or liability delivered to the Borrower by a Lender or an L/C Issuer (with a copy to the
Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a Lender or an L/C Issuer, shall be conclusive absent manifest error. 
 (ii) Each Lender and each L/C Issuer shall, and does hereby, severally indemnify, and shall make payment in respect thereof within ten days after demand therefor, (A) the Administrative Agent against
any Indemnified Taxes attributable to such Lender or such L/C Issuer (but only to the extent that any Loan Party or any Subsidiary of a Loan Party has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting
the obligation of the Loan Parties and their Subsidiaries to do so), (B) the Administrative Agent, the Loan Parties and the Subsidiaries of the Loan Parties, as applicable, against any Taxes attributable to such Lender’s failure to comply
with the provisions of Section 10.06(d) relating to the maintenance of a Participant Register and (C) the Administrative Agent, the Loan Parties, and the Subsidiaries of the Loan Parties, as applicable, against any Excluded Taxes
attributable to such Lender or such L/C Issuer, in each case, that are payable or paid by the Administrative Agent, a Loan Party or a Subsidiary of a Loan Party in connection with any Loan Document, and any reasonable expenses arising therefrom or
with respect thereto, whether or not such Taxes 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. Each Lender and each L/C Issuer hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or such L/C Issuer, as the case may be, under this
Agreement or any other Loan Document against any amount due to the Administrative Agent under this clause (ii). 

(d) Evidence of Payments. Upon request by the Borrower or the Administrative Agent, as the case may be, after any payment
of Taxes by the Borrower or by the Administrative Agent to a Governmental Authority as provided in this Section 3.01, the Borrower shall deliver to the Administrative Agent or the Administrative Agent shall deliver to the Borrower, as
the case may be, the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of any return required by Laws to report such payment or other evidence of such payment reasonably satisfactory to
the Borrower or the Administrative Agent, as the case may be. 
 (e) Status of Lenders; Tax Documentation.

 (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments
made under any Loan Document shall deliver to the Borrower and to the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably
requested by the Borrower or the Administrative 

  
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Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative
Agent, shall deliver such other documentation prescribed by applicable Law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject
to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in
subsections (ii)(A), (ii)(B) and (ii)(D) of this Section 3.01(e)) shall not be required if in the Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material
unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender. 

(ii) Without limiting the generality of the foregoing, in the event that the Borrower is a U.S. Person, 

(A) any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on
which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of IRS Form W-9 certifying that such Lender is exempt from U.S.
federal backup withholding tax; 
 (B) any Foreign Lender shall, to the extent it is legally entitled to do so,
deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon
the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable: 

(I) in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party
(x) with respect to payments of interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax
treaty and (y) with respect to any other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other
income” article of such tax treaty; 
 (II) executed originals of IRS Form W-8ECI; 

(III) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under
Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit I-1 to the effect that such Foreign Lender is not a 

  
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“bank” within the meaning of Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or
a “controlled foreign corporation” described in Section 881(c)(3)(C) of the Code (a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS Form W 8BEN; or 

(IV) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by
IRS Form W 8ECI, IRS Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit I-2 or Exhibit I-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable;
provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate
substantially in the form of Exhibit I-4 on behalf of each such direct and indirect partner; 
 (C)
any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender
becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of any other form prescribed by applicable Law as a basis for claiming exemption
from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable Law to permit the Borrower or the Administrative Agent to determine the withholding or deduction
required to be made; and 
 (D) if a payment made to a Lender under any Loan Document would be subject to U.S.
federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver
to the Borrower and the Administrative Agent at the time or times prescribed by Law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable Law (including as prescribed
by Section 1471(b)(3)(C)(i) of the Code) and such additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under
FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this subclause (D), “FATCA”
shall include any amendments made to FATCA after the date of this Agreement. 

  
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 (iii) Each Lender agrees that if any form or certification it previously
delivered pursuant to this Section 3.01 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability
to do so. 
 (f) Treatment of Certain Refunds. Unless required by applicable Laws, at no time shall the Administrative
Agent have any obligation to file for or otherwise pursue on behalf of a Lender or an L/C Issuer, or have any obligation to pay to any Lender or any L/C Issuer, any refund of Taxes withheld or deducted from funds paid for the account of such Lender
or such L/C Issuer, as the case may be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund of any Taxes as to which it has been indemnified by any Loan Party or with respect to which any Loan
Party or any Subsidiary of a Loan Party has paid additional amounts pursuant to this Section 3.01, it shall pay to the Loan Party or such Subsidiary of a Loan Party an amount equal to such refund (but only to the extent of indemnity
payments made, or additional amounts paid, by a Loan Party or such Subsidiary of a Loan Party under this Section 3.01 with respect to the Taxes giving rise to such refund), net of all out-of-pocket expenses (including Taxes) incurred by
such Recipient, and without interest (other than any interest paid by the relevant Governmental Authority with respect to such refund), provided that the Loan Party or such Subsidiary of a Loan Party, upon the request of the Recipient, agrees
to repay the amount paid over to the Loan Party or such Subsidiary of a Loan Party (plus any penalties, interest or other charges imposed by the relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such
refund to such Governmental Authority. Notwithstanding anything to the contrary in this subsection, in no event will the applicable Recipient be required to pay any amount to the Loan Party or any Subsidiary of a Loan Party pursuant to this
subsection the payment of which would place the Recipient in a less favorable net after-Tax position than such Recipient would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or
otherwise imposed and the indemnification payments or additional amounts with respect to such Tax had never been paid. This subsection shall not be construed to require any Recipient to make available its tax returns (or any other information
relating to its Taxes that it deems confidential) to any Loan Party, any Subsidiary of a Loan Party or any other Person. 
 (g)
Survival. Each party’s obligations under this Section 3.01 shall survive the resignation or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or an L/C Issuer, the
termination of the Commitments and the repayment, satisfaction or discharge of all other Obligations. 
 3.02 Illegality.
If any Lender determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its Lending Office to make, maintain or fund Loans whose interest is determined by reference to the
Eurodollar Rate, or to determine or charge interest rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to purchase or sell, or to take deposits of, Dollars in the
London interbank market, then, on notice thereof by such Lender to the Borrower through the Administrative Agent, (a) any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert Base Rate Loans to Eurodollar Rate Loans
shall be suspended, and (b) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by 

  
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reference to the Eurodollar component of the Base Rate, the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative
Agent without reference to the Eurodollar Rate component of the Base Rate, in each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of
such notice, (x) the Borrower shall, upon demand from such Lender (with a copy to the Administrative Agent), prepay or, if applicable, convert all Eurodollar Rate Loans of such Lender to Base Rate Loans (the interest rate on which Base Rate
Loans of such Lender shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender
may lawfully continue to maintain such Eurodollar Rate Loans to such day, or immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such notice asserts the illegality of such Lender determining
or charging interest rates based upon the Eurodollar Rate, the Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the
Administrative Agent is advised in writing by such Lender that it is no longer illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued
interest on the amount so prepaid or converted. 
 3.03 Inability to Determine Rates. If the Majority Lenders determine
that for any reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being offered to banks in the London interbank eurodollar market for the applicable amount
and Interest Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan or in connection with an
existing or proposed Base Rate Loan, or (c) the Eurodollar Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does not adequately and fairly reflect the cost to such Lenders of funding such Loan, the
Administrative Agent will promptly so notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans shall be suspended, and (y) in the event of a determination described in the
preceding sentence with respect to the Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall be suspended, in each case until the Administrative Agent (upon the instruction of
the Majority Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation of Eurodollar Rate Loans or, failing that, will be deemed to have converted such
request into a request for a Borrowing of Base Rate Loans in the amount specified therein. 
 3.04 Increased Costs; Reserves
on Eurodollar Rate Loans. 
 (a) Increased Costs Generally. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit, compulsory loan, insurance charge or similar
requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement contemplated by Section 3.04(e)) or any L/C Issuer; 

  
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 (ii) subject any Recipient to any Taxes (other than (A) Indemnified
Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments or other obligations, or its
deposits, reserves, other liabilities or capital attributable thereto; or 
 (iii) impose on any Lender or any
L/C Issuer or the London interbank market any other condition, cost or expense affecting this Agreement or Eurodollar Rate Loans made by such Lender or any Letter of Credit or participation therein; 

and the result of any of the foregoing shall be to increase the cost to such Lender of making, converting to, continuing or maintaining any Loan the
interest on which is determined by reference to the Eurodollar Rate (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or such L/C Issuer of participating in, issuing or maintaining any Letter of Credit
(or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or such L/C Issuer hereunder (whether of principal, interest or any other amount) then,
upon request of such Lender or such L/C Issuer, the Borrower will pay to such Lender or such L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or such L/C Issuer, as the case may be, for such additional
costs incurred or reduction suffered. 
 (b) Capital Requirements. If any Lender or any L/C Issuer determines that any
Change in Law affecting such Lender or such L/C Issuer or any Lending Office of such Lender or such Lender’s or such L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has or would have the effect of reducing
the rate of return on such Lender’s or such L/C Issuer’s capital or on the capital of such Lender’s or such L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans
made by, or participations in Letters of Credit or Swing Line Loans held by, such Lender, or the Letters of Credit issued by such L/C Issuer, to a level below that which such Lender or such L/C Issuer or such Lender’s or such L/C Issuer’s
holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or such L/C Issuer’s policies and the policies of such Lender’s or such L/C Issuer’s holding company with respect to capital
adequacy), then from time to time the Borrower will pay to such Lender or such L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or such L/C Issuer or such Lender’s or such L/C Issuer’s
holding company for any such reduction suffered. 
 (c) Certificates for Reimbursement. A certificate of a Lender or an
L/C Issuer setting forth the amount or amounts necessary to compensate such Lender or such L/C Issuer or its holding company, as the case may be, as specified in subsection (a) or (b) of this Section and delivered to the
Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or such L/C Issuer, as the case may be, the amount shown as due on any such certificate within ten days after receipt thereof. 

(d) Delay in Requests. Failure or delay on the part of any Lender or any L/C Issuer to demand compensation pursuant to the
foregoing provisions of this Section shall not constitute a waiver of such Lender’s or such L/C Issuer’s right to demand such compensation, provided that the Borrower shall not be required to compensate a Lender or an L/C
Issuer pursuant to the 

  
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foregoing provisions of this Section for any increased costs incurred or reductions suffered more than nine months prior to the date that such Lender or such L/C Issuer, as the case may be,
notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or such L/C Issuer’s intention to claim compensation therefor (except that, if the Change in Law giving rise to such
increased costs or reductions is retroactive, then the nine-month period referred to above shall be extended to include the period of retroactive effect thereof). 
 (e) Reserves on Eurodollar Rate Loans. The Borrower shall pay to each Lender, as long as such Lender shall be required to maintain reserves with respect to liabilities or assets consisting of or
including Eurocurrency funds or deposits (currently known as “Eurocurrency liabilities”), additional interest on the unpaid principal amount of each Eurodollar Rate Loan equal to the actual costs of such reserves allocated to such Loan by
such Lender (as determined by such Lender in good faith, which determination shall be conclusive), which shall be due and payable on each date on which interest is payable on such Loan, provided the Borrower shall have received at least ten
days’ prior notice (with a copy to the Administrative Agent) of such additional interest from such Lender. If a Lender fails to give notice ten days prior to the relevant Interest Payment Date, such additional interest shall be due and payable
ten days from receipt of such notice. 
 3.05 Compensation for Losses. Upon demand of any Lender (with a copy to the
Administrative Agent) from time to time, the Borrower shall promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 

(a) any continuation, conversion, payment or prepayment of any Loan other than a Base Rate Loan on a day other than the last day of the
Interest Period for such Loan (whether voluntary, mandatory, automatic, by reason of acceleration, or otherwise); 
 (b) any
failure by the Borrower (for a reason other than the failure of such Lender to make a Loan) to prepay, borrow, continue or convert any Loan other than a Base Rate Loan on the date or in the amount notified by the Borrower; or 

(c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by
the Borrower pursuant to Section 10.13; 
 including any loss or expense (excluding loss of anticipated profits) arising from the
liquidation or reemployment of funds obtained by it to maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in
connection with the foregoing. 
 For purposes of calculating amounts payable by the Borrower to the Lenders under this
Section 3.05, each Lender shall be deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount
and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded. 

  
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 3.06 Mitigation Obligations; Replacement of Lenders. 

(a) Designation of a Different Lending Office. If any Lender requests compensation under Section 3.04, or requires the
Borrower to pay any Indemnified Taxes or additional amounts to any Lender, any L/C Issuer, or any Governmental Authority for the account of any Lender or any L/C Issuer pursuant to Section 3.01, or if any Lender gives a notice pursuant
to Section 3.02, then at the request of the Borrower such Lender or such L/C Issuer shall, as applicable, use reasonable efforts to designate a different Lending Office for funding or booking its Loans hereunder or to assign its rights
and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender or such L/C Issuer, such designation or assignment (i) would eliminate or reduce amounts payable pursuant to
Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and (ii) in each case, would not subject such Lender or such L/C Issuer, as
the case may be, to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or such L/C Issuer, as the case may be. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender or any
L/C Issuer in connection with any such designation or assignment. 
 (b) Replacement of Lenders. If any Lender requests
compensation under Section 3.04, or if the Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01 and, in
each case, such Lender has declined or is unable to designate a different lending office in accordance with Section 3.06(a), the Borrower may replace such Lender in accordance with Section 10.13. 

3.07 Survival. All of the Borrower’s obligations under this Article III shall survive termination of the
Aggregate Commitments, repayment of all other Obligations hereunder, and resignation of the Administrative Agent. 
 ARTICLE IV

 CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 
 4.01 Conditions of Initial Credit Extension. The obligation of each Lender to make Loans, and the obligation of the L/C Issuers to issue Letters of Credit, on the Closing Date, is subject at the
time of the making of such Loans or the issuance of such Letters of Credit to the satisfaction of the following conditions on or before such date: 
 (a) Credit Agreement. This Agreement shall have been duly executed and delivered by each party to this Agreement and the exhibits and schedules hereto shall be in form and substance reasonably
satisfactory to the Administrative Agent. 
 (b) Notes. The Administrative Agent shall have received a Note duly executed
by the Borrower in favor of each Lender requesting a Note. 
 (c) Acquisition Documents. The Administrative Agent shall
have received a certified copy of the Acquisition Documents, duly executed by the parties thereto (together with all exhibits and schedules thereto), and each of which shall be in full force and effect. 

  
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 (d) Borrower Organization Documents. The Administrative Agent shall have received
(i) a copy of the Organization Documents, including all amendments thereto, of the Borrower, certified, if applicable, as of a recent date by the Secretary of State or other competent authority of the state of its organization, if applicable,
or similar Governmental Authority, and a certificate as to the good standing or comparable certificate under applicable Law (where relevant) of the Borrower as of a recent date from the Closing Date, from such Secretary of State, similar
Governmental Authority or other competent authority and (ii) a certificate of the Secretary or Assistant Secretary or comparable officer under applicable Law or director of the Borrower dated the Closing Date and certifying (where relevant)
(A) that attached thereto is a true and complete copy of the Organization Documents of the Borrower as in effect on the Closing Date, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of
directors (or equivalent governing body) of the Borrower authorizing the execution, delivery and performance of the Loan Documents to which such Person is a party and, the borrowings hereunder, and that such resolutions have not been modified,
rescinded or amended and are in full force and effect, (C) that the Organization Documents of the Borrower have not been amended since the date of the last amendment shown on such certificate, (D) as to (if applicable) the incumbency and
specimen signature of each officer executing any Loan Document on behalf of the Borrower and countersigned by another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary or comparable officer under applicable
Law executing the certificate pursuant to clause (ii) above and (E) such other matters that are customarily included in a certificate of this nature in the jurisdiction of its incorporation or organization. 

(e) Guarantor Organization Documents. The Administrative Agent shall have received (i) a copy of the Organization Documents,
including all amendments thereto, of each of the Guarantors, certified, if applicable, as of a recent date by the Secretary of State or other competent authority of the state of their respective organization, if applicable, or similar Governmental
Authority, and a certificate as to the good standing or comparable certificate under applicable Law (where relevant) of each Guarantor as of a recent date from the Closing Date, from such respective Secretary of State, similar Governmental Authority
or other competent authority and (ii) a certificate of the Secretary or Assistant Secretary or comparable officer under applicable Law or director of each of the Guarantors dated the Closing Date and certifying (where relevant) (A) that
attached thereto is a true and complete copy of the Organization Documents of each of the Guarantors as in effect on the Closing Date, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors
(or equivalent governing body) of each of the Guarantors authorizing the execution, delivery and performance of the Loan Documents to which such Person is a party and, the borrowings hereunder, and that such resolutions have not been modified,
rescinded or amended and are in full force and effect, (C) that the Organization Documents of each such Guarantor have not been amended since the date of the last amendment shown on such certificate, (D) as to (if applicable) the
incumbency and specimen signature of each officer executing any Loan Document on behalf of each Guarantor and countersigned by another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary or comparable officer
under applicable Law executing the certificate pursuant to clause (ii) above and (E) such other matters that are customarily included in a certificate of this nature in the jurisdiction of its incorporation or organization.

  
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 (f) USA PATRIOT Act. The Administrative Agent and the Arrangers shall have received
all documentation and other information about the Borrower and the Guarantors at least three Business Days prior to the Closing Date as has been reasonably requested in writing at least ten days prior to the Closing Date by the Administrative Agent
and the Arrangers that they reasonably determine is required by regulatory authorities under applicable “know your customer” and Anti-Money Laundering Laws, including without limitation, the Act. 

(g) Legal Opinions. The Administrative Agent shall have received, on behalf of itself, the Collateral Agent,
the Lenders, the Swing Line Lender and the L/C Issuers, (i) an opinion of Kirkland & Ellis LLP, counsel for the Borrower, the other Nexstar Entities and the Mission Entities, addressed to the L/C Issuers, the Administrative Agent, the
Collateral Agent and the Lenders and permitted to be relied upon by any persons who become Lenders pursuant to the primary syndication of the Facilities, in each case in form and substance reasonably satisfactory to the Administrative Agent and the
Lenders and customary for senior secured credit facilities in transactions of this kind (including a customary no conflicts opinion with respect to (A) the Senior Second Lien Notes, the Senior Second Lien Notes Indenture, the Senior Second Lien
Notes Intercreditor Agreement and the “Security Documents” (as defined in the Senior Second Lien Notes Indenture), and (B) the Senior 67/8% Notes due 2020 and Senior 67/8% Notes due 2020 Indenture), and (ii) an opinion of Wiley Rein, LLP, special FCC counsel for the Nexstar Entities
and the Mission Entities, addressed to the L/C Issuers, the Administrative Agent, the Collateral Agent, the Swing Line Lender and the Lenders and capable of being relied upon by any persons who become Lenders pursuant to the primary syndication of
the Facilities, with respect to the Target Assets only and otherwise in form and substance reasonably satisfactory to the Administrative Agent. 
 (h) Newport Acquisition. The Administrative Agent shall have evidence that concurrently (or substantially simultaneously) with the funding of the Loans, the Newport Acquisition shall have been
consummated in all material respects in accordance with the terms of the Nexstar Acquisition Agreement without giving effect to any modifications, amendments, consents or waivers by the Borrower thereto that are material and adverse to the Lenders
or the Initial Lenders and the Arrangers (as reasonably determined by the Administrative Agent and the Arrangers) without the written prior consent of the Administrative Agent and the Arrangers (such consent not to be unreasonably withheld, delayed
or conditioned). 
 (i) Certain Collateral and Guarantees. Each of the Guaranties, each of the Security Agreements, each
of the Pledge Agreements and all other Security Documents shall have been duly executed and delivered by each party thereto and the Borrower shall have delivered or caused to have been delivered (i) UCC financing statements for each Loan Party
identifying the Borrower and all Guarantors as debtors and (ii) stock certificates of (A) each Nexstar Entity that is a Domestic Subsidiary of the Ultimate Parent and that are required to be pledged pursuant to the Collateral and Guarantee
Requirement, together with undated stock powers duly executed in blank and (B) each Mission Entity that is required to be pledged pursuant to the Collateral and Guarantee Requirement, together with undated stock powers duly executed in blank.

  
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 (j) Refinancing. Concurrently with the funding of the Loans, all
obligations of the Nexstar Entities and Mission Entities under the Existing Credit Agreement and the Existing Mission Credit Agreement shall have been refinanced in full. After giving effect to the consummation of the Transactions, the Borrower and
its Subsidiaries shall have no outstanding preferred equity, Indebtedness or Guarantee Obligations (other than ordinary course trade payables), except for indebtedness (i) incurred pursuant to the (A) Loans, (B) Senior Second Lien
Notes, and (C) Senior 67/8% Notes due 2020,
(ii) described in the Acquisition Agreements (other than Indebtedness specifically contemplated to be refinanced in connection with the Transactions), and (iii) expressly permitted by this Agreement. 

(k) Mission Credit Agreement. Concurrently on the Closing Date, the Mission Credit Agreement shall be executed, delivered and
effective on substantially similar terms for the Mission Borrower as the terms in this Agreement. 
 (l) Financial
Information. 
 (i) The Administrative Agent and the Arrangers shall have received a pro forma debt
capitalization and related pro forma consolidated statement of income of the Ultimate Parent (including the Mission Borrower) as of and for the twelve-month period ending on the last day of the most recently completed four-fiscal quarter period
ended at least 60 days prior to the Closing Date (or 120 days in case such four-fiscal quarter period is the end of the Ultimate Parent’s fiscal year), prepared after giving effect to the Transactions as if the Transactions had occurred as of
such date (in the case of such balance sheet) or at the beginning of such period (in the case of such statement of income). 
 (ii) The Arrangers shall have received the following unaudited financial statements from the Seller’s and the High Plains Entities’ internal reporting system, on a per market basis with respect
to the Stations Business (as defined in the Acquisition Agreements) and with respect to the Inergize Business, relating to the operation of the Newport Stations: (A) the un-audited balance sheet as of the fiscal year ended December 31,
2011, (B) the un-audited statements of operations for the fiscal year ended December 31, 2011, (C) the un-audited balance sheet as of June 30, 2012, and the related un-audited statement of operations for the six month period then
ended and (D) comparable quarterly financial statements for relevant periods after June 30, 2012 ending at least 60 days prior to the Closing Date. 
 (m) Solvency Certificate. The Administrative Agent shall have received duly executed certificates attesting to the Solvency of (i) the Nexstar Entities taken as a whole on a consolidated basis
and (ii) the Mission Entities taken as a whole on a consolidated basis, in each case after giving effect to the Transaction and from the applicable Chief Financial Officer of the Borrower and the Mission Borrower, in the form previously agreed
to in writing by the Borrower, the Administrative Agent and the Arrangers. 
 (n) Fees, Etc. Concurrently with the
funding of the Loans, the Administrative Agent shall have received evidence of payment of all fees required to be paid on the Closing Date pursuant to the Fee Letters and reasonable and documented out-of-pocket costs and expenses (including, without
limitation, legal fees and expenses) that have been invoiced at least three Business Days before the Closing Date. 

  
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 (o) Officer’s Certificate. The Administrative Agent shall have received a
certificate signed by a Responsible Officer of the Borrower confirming, as of the Closing Date, (i) the satisfaction of the conditions specified in Section 4.02(a) and (ii) since July 18, 2012, there shall not have
occurred a Newport Material Adverse Effect. 
 (p) Request for Credit Extension. The Administrative Agent and, if
applicable, an L/C Issuer or the Swing Line Lender shall have received a Loan Notice or Letter of Credit Application, as applicable, relating to the initial Credit Extension. 
 (q) Senior Debt. The following shall be a true and correct representation on the Closing Date: The Obligations constitute “Senior Indebtedness” (or similar term or treatment) of the
Borrower and the Mission Borrower under its Subordinated Debt Documents (if any), Mission Subordinated Debt Documents (if any), and Indenture Documentation. 
 (r) Closing Date. The Closing Date shall have occurred on or before July 18, 2013. 

Without limiting the generality of the provisions of the last paragraph of Section 9.03, for purposes of determining compliance with the
conditions specified in this Section 4.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented
to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 

4.02 Conditions to all Credit Extensions. The obligation of each Lender to honor any Request for Credit Extension (other than a
Loan Notice requesting only a conversion of Loans to the other Type, or a continuation of Eurodollar Rate Loans) is subject to satisfaction or waiver of the following conditions precedent: 

(a) The representations and warranties of each Loan Party contained in Article V or in any other Loan Document, or which are
contained in any document furnished at any time under or in connection herewith or therewith, shall be true and correct in all respects or, in the case of such representations and warranties which are not otherwise subject to a materiality
qualification in accordance with its terms, shall be true and correct in all material respects, in each case on and as of the date of such Credit Extension, except to the extent that such representations and warranties specifically refer to an
earlier date, in which case they shall be true and correct in all respects (or in the case of such representations and warranties which are not otherwise subject to a materiality qualification in accordance with its terms, in all material respects)
as of such earlier date, provided that, notwithstanding the foregoing, with respect to the initial Credit Extension made on the Closing Date, the representations and warranties the accuracy of which shall be a condition to the funding of the
initial Credit Extension shall be limited to those set forth in Sections 5.01(a) (with respect to organizational status), 5.01(b)(ii), 5.02, 5.04, 5.07(b), 5.12, 5.15, 5.16 (except with respect
to Mortgages), 5.18, 5.21, and 5.24 and the Specified Acquisition Agreement Representations. 

  
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 (b) No Default shall exist, or would result from such proposed Credit Extension or from the
application of the proceeds thereof; provided that, notwithstanding the foregoing, this condition shall not apply to the initial Credit Extension made on the Closing Date. 

(c) The Administrative Agent and, if applicable, an L/C Issuer or the Swing Line Lender shall have received a Request for Credit
Extension in accordance with the requirements hereof. 
 Each Request for Credit Extension (other than a Loan Notice requesting
only a conversion of Loans to the other Type or a continuation of Eurodollar Rate Loans) submitted by the Borrower shall be deemed to be a representation and warranty that the conditions specified in Sections 4.02(a) and (b) have
been satisfied on and as of the date of the applicable Credit Extension. 
 ARTICLE V 

REPRESENTATIONS AND WARRANTIES 
 Each of the Parent Guarantors and the Borrower represent and warrant to the Administrative Agent and the Lenders that: 
 5.01 Existence, Qualification and Power; Compliance with Laws. Each Nexstar Entity and each other Restricted Subsidiary (a) is a Person duly incorporated, organized or formed, and validly
existing (to the extent applicable in the relevant jurisdiction), and in good standing under the Laws of the jurisdiction of its incorporation or organization, except, in the case of any Restricted Subsidiary, where the failure of such Restricted
Subsidiary to be in good standing could not reasonably be expected to have a Material Adverse Effect, (b) has all requisite power and authority to (i) own or lease its assets and carry on its business and (ii) execute, deliver and
perform its obligations under the Loan Documents to which it is a party (c) (to the extent applicable in the relevant jurisdiction) is duly qualified and is licensed and, as applicable, in good standing under the Laws of each jurisdiction where
its ownership, lease or operation of properties or the conduct of its business requires such qualification or license, (d) is in compliance with all Laws, orders, writs, injunctions and orders and (e) has all requisite governmental
licenses, authorizations, consents and approvals to operate its business as currently conducted; except in each case referred to in clause (c), (d) or (e), to the extent that failure to do so could not,
individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 5.02 Authorization; No
Contravention. The execution, delivery and performance by each Nexstar Entity of each Loan Document to which such Person is a party, and the consummation of the Transaction, are within such Nexstar Entity’s corporate or other powers, have
been duly authorized by all necessary corporate or other organizational action, and do not and will not (a) contravene the terms of any of such Person’s Organization Documents, (b) conflict with or result in any breach or
contravention of, or the creation of any Lien under (other than the creation of any Lien under the Loan Documents and under the Senior Second Lien Notes Indenture Documentation), or require any payment to be made under (i) any Contractual
Obligation to which such Person is a party or affecting such Person or the properties of such Person or any of its Restricted Subsidiaries or (ii) any material order, injunction, writ or 

  
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decree of any Governmental Authority or any arbitral award to which such Person or its property is subject, or (c) violate any material Law; except with respect to any conflict,
breach or contravention or payment (but not creation of Liens) referred to in clause (b)(i), to the extent that such conflict, breach, contravention or payment could not, individually or in the aggregate, reasonably be expected to have a
Material Adverse Effect. 
 5.03 Governmental Authorization; Other Consents. No approval, consent, exemption,
authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with (a) the execution, delivery or performance by, or enforcement against, any Nexstar
Entity of this Agreement or any other Loan Document, other than (i) the filing of certain of the Loan Documents with the FCC after the Closing Date, and (ii) the prior approval of the FCC, as may be required for the Lenders to exercise
certain of their rights with respect to the Stations and the Shared Service Party Stations, (b) as of the Closing Date, the grant by any Nexstar Entity of the Liens granted by it pursuant to the Security Documents, (c) as of the Closing
Date, the perfection or maintenance of the Liens created under the Security Documents (including the priority thereof), (d) approvals, consents, exceptions, authorization, action, notice or filing under securities laws or (e) the exercise
by the Administrative Agent or any Lender of its rights under the Loan Documents or the remedies in respect of the Collateral pursuant to the Security Documents except for (i) filings necessary to perfect the Liens on the Collateral
granted by the Nexstar Entities in favor of the Secured Parties from and after the Closing Date, (ii) the approvals, consents, exemptions, authorizations, actions, notices and filings which have been duly obtained, taken, given or made and are
in full force and effect and (iii) those approvals, consents, exemptions, authorizations or other actions, notices or filings, the failure of which to obtain or make could not, individually or in the aggregate for the Nexstar Entities and the
Mission Entities, reasonably be expected to have a Material Adverse Effect. 
 5.04 Binding Effect. This Agreement has
been, and each other Loan Document to which any Nexstar Entity is a party, when delivered hereunder, will have been, duly executed and delivered by such Nexstar Entity that is party thereto. This Agreement constitutes, and each other Loan Document
to which any Nexstar Entity is a party when so delivered will constitute, a legal, valid and binding obligation of such Nexstar Entity, enforceable against each Nexstar Entity that is party thereto in accordance with its terms, except as such
enforceability may be limited by Debtor Relief Laws and by general principles of equity. 
 5.05 Financial Statements; No
Material Adverse Effect. 
 (a) The Audited Financial Statements (i) were prepared in accordance with GAAP, except as
otherwise expressly noted therein and (ii) fairly present in all material respects the financial condition of the Ultimate Parent and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby in
accordance with GAAP, except in the case of clauses (i) and (ii), as disclosed to the Administrative Agent prior to the Closing Date. 
 (b) The unaudited consolidated balance sheets of the Ultimate Parent and its Subsidiaries dated September 30, 2012, and the related consolidated statements of income or operations, shareholders’
equity and cash flows for the fiscal quarter ended on that date (i) were prepared in accordance with GAAP, and (ii) fairly present in all material respects the financial 

  
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condition of Ultimate Parent and its Subsidiaries as of the date thereof and their results of operations for the period covered thereby (subject to year-end audit adjustments and the absence of
footnotes), except, in the case of clauses (i) and (ii), as disclosed to the Administrative Agent prior to the Closing Date. 
 (c) The unaudited pro forma debt capitalization of the Ultimate Parent and its Subsidiaries as at September 30, 2012, and the unaudited pro forma consolidated statement of income of the Ultimate
Parent and its Subsidiaries for the 12-month period ending on September 30, 2012 (together with the pro forma debt capitalization, the “Pro Forma Financial Statements”), copies of which have heretofore been furnished to the
Administrative Agent and the Arrangers, have been prepared giving effect (as if such events had occurred on such date or at the beginning of such periods, as the case may be) to the Transactions. The Pro Forma Financial Statements have been prepared
in good faith, based on assumptions believed by the Ultimate Parent to be reasonable as of the date of delivery thereof, and present fairly in all material respects on a Pro Forma Basis the estimated financial position of the Ultimate Parent and its
Subsidiaries as at September 30, 2012 and their estimated results of operations for the periods covered thereby, assuming that the events specified in the preceding sentence had actually occurred at such date or at the beginning of the periods
covered thereby. 
 (d) Since the Closing Date, there has been no event or circumstance, either individually or in the
aggregate, that has had or could reasonably be expected to have a Material Adverse Effect. 
 5.06 Litigation. Except as
set forth on Schedule 5.06, there are no actions, suits, proceedings, claims or disputes pending or, to the knowledge of the Borrower or either of the Parent Guarantors, threatened or contemplated in writing, at law, in equity, in arbitration
or before any Governmental Authority, by or against any Nexstar Entity, or against any of their properties or revenues that either individually or in the aggregate, if determined adversely, could reasonably be expected to have a Material Adverse
Effect. 
 5.07 Ownership of Property; Liens. 
 (a) Each Nexstar Entity and each of its Restricted Subsidiaries has good and valid title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all
property necessary in the ordinary conduct of its business, free and clear of all Liens except for minor defects in title that do not materially impair its ability to conduct its business or to utilize such assets for their intended purposes and
Liens permitted under the Loan Documents and except, in each case, where the failure to have such title or other interest could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. This
representation shall not apply to IP Rights, which are the subject of Section 5.14. 
 (b) All owned Real Properties
of the Nexstar Entities and their Restricted Subsidiaries as of the Closing Date, and all leased properties subject to a mortgage or deed of trust to secure the Senior Second Lien Notes as of the Closing Date are listed on Schedule 5.07.
All of such Real Properties that are Mortgaged Properties as of the Closing Date are denoted with an “*” on Schedule 5.07 (the “Existing Mortgaged Properties”). The list of Real Properties owned and leased on
Schedule 5.07 is a true, accurate and complete list of (i) all leased Real Property that is subject to a mortgage or deed of trust to secure the Senior Second Lien Notes and (ii) all owned Real Property, in each case of the
Nexstar Entities and their Restricted Subsidiaries on the Closing Date. 

  
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 5.08 Environmental Compliance. 

(a) With respect to properties currently owned or operated by any Nexstar Entity or any of their Restricted Subsidiaries, or to the
knowledge of the Borrower and the Parent Guarantors, any property formerly owned or operated by any Nexstar Entity or any of its Restricted Subsidiaries, no such property is listed or proposed for listing on the NPL or on the CERCLIS or any
analogous foreign, state or local list; 
 (b) to the knowledge of the Borrower and the Parent Guarantors, (A) there are no
and never have been any underground or above-ground storage tanks or any surface impoundments, septic tanks, pits, sumps or lagoons in which Hazardous Materials are being or have been treated, stored or disposed on any property currently owned or
operated by any Nexstar Entity or any of its Restricted Subsidiaries or on any property formerly owned or operated by any Nexstar Entity or any of its Restricted Subsidiaries and (B) there is no asbestos or asbestos-containing material on any
property currently owned or operated by any Nexstar Entity or any of its Restricted Subsidiaries; and 
 (c) Hazardous Materials
have not been released, discharged or disposed of on any property currently or formerly owned or operated by any Nexstar Entity or any of its Restricted Subsidiaries in excess of the applicable legal limit; 

in each case of (a), (b) and (c) above, other than such matters which, individually or in the aggregate, could not reasonably
be expected to have a Material Adverse Effect. 
 (d) (i) No Nexstar Entity is undertaking, nor has completed, either
individually or together with other potentially responsible parties, any investigation or assessment or remedial or response action relating to any actual or threatened release, discharge or disposal of Hazardous Materials at any site, location or
operation, either voluntarily or pursuant to the order of any Governmental Authority or the requirements of any Environmental Law and (ii) all Hazardous Materials generated, used, treated, handled or stored at, or transported to or from, any
property currently or formerly owned or operated by any Nexstar Entity or any of its Restricted Subsidiaries have been disposed of in a manner not reasonably expected to result in material liability to any Nexstar Entity or any of its Restricted
Subsidiaries, in each case of clauses (i) and (ii) above, other than such matters which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. 

5.09 Taxes. Each Nexstar Entity and each of its Restricted Subsidiaries has timely filed all federal, provincial, state,
municipal, foreign and other tax returns and reports required to be filed, and have timely paid all federal, provincial, state, municipal, foreign and other Taxes, assessments, fees and other governmental charges levied or imposed upon them or their
properties, income or assets or otherwise due and payable (including in their capacity as a withholding agent), except those which are being contested in good faith by appropriate proceedings diligently conducted and for which adequate
reserves have been provided in 

  
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accordance with GAAP and, except for failures to file or pay as could not, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect. There are
no Tax audits, deficiencies, assessments or other claims with respect to any Nexstar Entity or its Restricted Subsidiaries that could, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

 5.10 ERISA Compliance. (a) Except as could not reasonably be expected to result in a Material Adverse Effect,
each Plan is in compliance with the applicable provisions of ERISA, the Code and other Federal or state laws. 
 (b) There are
no pending or, to the knowledge of the Borrower, threatened claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Plan that could reasonably be expected to have a Material Adverse Effect. There has been no
prohibited transaction or violation of the fiduciary responsibility rules with respect to any Plan that has resulted or could reasonably be expected to result in a Material Adverse Effect. 

(c) Except as could not reasonably be expected to result in a Material Adverse Effect: (i) no ERISA Event has occurred, and the
Borrower is not aware of any fact, event or circumstance that could reasonably be expected to constitute or result in an ERISA Event with respect to any Pension Plan; (ii) each of the Nexstar Entities, and each ERISA Affiliate has met all
applicable requirements under the Pension Funding Rules in respect of each Pension Plan, and no waiver of the minimum funding standards under the Pension Funding Rules has been applied for or obtained; (iii) neither any Nexstar Entity nor any
ERISA Affiliate has incurred or reasonably expects to incur any liability (and no event has occurred which, with the giving of notice under Section 4219 of ERISA, would result in such liability) under Section 4201 et seq. or 4243 of ERISA
with respect to a Multiemployer Plan; (iv) neither any Nexstar Entity nor any ERISA Affiliate has engaged in a transaction that could reasonably be expected to be subject to Section 4069 or Section 4212(c) of ERISA; and (v) no
Pension Plan has been terminated by the PBGC, and no event or circumstance has occurred or exists that could reasonably be expected to cause the PBGC to institute proceedings under Title IV of ERISA to terminate any Pension Plan. 

5.11 Subsidiaries; Equity Interests; Nexstar Entities. As of the Closing Date, no Nexstar Entity has any Subsidiaries other than
those specifically disclosed in Part (a) of Schedule 5.11, and all of the outstanding Equity Interests in each Nexstar Entity and each Restricted Subsidiary have been validly issued, are fully paid and nonassessable, and are owned
by, with respect to each Nexstar Entity except the Ultimate Parent, a Nexstar Entity, in each case in the amounts specified on Part (a) of Schedule 5.11 free and clear of all Liens except (i) those created under the Security
Documents, (ii) those created under the Senior Second Lien Notes Indenture Documentation and (iii) any nonconsensual Lien that is permitted under Section 7.01. As of the Closing Date, Part (b) of Schedule 5.11
is a complete and accurate list of all Nexstar Entities and their Subsidiaries, showing as of the Closing Date (as to each Nexstar Entity) the jurisdiction of its incorporation, the address of its principal place of business and its U.S. taxpayer
identification number. 

  
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 5.12 Margin Regulations; Investment Company Act. 

(a) No Nexstar Entity is engaged nor will engage, principally or as one of its important activities, in the business of purchasing or
carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock, and no proceeds of any Borrowings or drawings under any Letter of Credit will be used for any
purpose that violates Regulation U or Regulation X of the FRB. 
 (b) None of the Nexstar Entities is or is required to be
registered as an “investment company” under the Investment Company Act of 1940. 
 5.13 Disclosure. No report,
financial statement, certificate or other written information furnished by or on behalf of any Nexstar Entity, or any Restricted Subsidiary of any Nexstar Entity, to any Agent, any Arranger or any Lender in connection with the transactions
contemplated hereby and the negotiation of this Agreement or delivered hereunder or under any other Loan Document (in each case as modified or supplemented by other information so furnished), when taken as a whole, contains when furnished any
material misstatement of fact or omits to state any material fact necessary to make the statements therein, in the light of the circumstances under which they were made, not materially misleading; provided that, with respect to projected
financial information, the Borrower represents only that such information was prepared in good faith based upon assumptions believed to be reasonable at the time of preparation, it being understood that such projections may vary from actual results
and that such variances may be material. 
 5.14 Intellectual Property; Licenses, Etc. Each of the Nexstar Entities own,
license or possess the legal right to use, all of the trademarks, service marks, trade names, copyrights, domain names, patents, patent rights, franchises, technology, software, know how, database rights, design rights, licenses and other
intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses as currently conducted, except where the failure to own or have a license or other right
to use such assets could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect. To the knowledge of the Borrower, no such IP Rights infringe upon any rights held by any Person except for such
infringements, individually or in the aggregate, which could not reasonably be expected to have a Material Adverse Effect. No claim or litigation regarding any such IP Rights, is pending or, to the knowledge of the Borrower and the Parent
Guarantors, threatened against any Nexstar Entity or any other Restricted Subsidiary of a Nexstar Entity, which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect. 

5.15 Solvency. On the Closing Date, after giving effect to the Transaction the Nexstar Entities, on a consolidated basis, are
Solvent. 
 5.16 Security Documents. The Security Documents are effective to create for the benefit of the Secured
Parties legal, valid and enforceable Liens on, and security interests in, the Collateral and, (a) when all appropriate filings or recordings are made in the appropriate offices as may be required under applicable Laws (which filings or
recordings shall be made to the extent required by any Security Document) and (b) upon the taking of possession or control by the Collateral Agent of such Collateral with respect to which a security interest may be perfected

  
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only by possession or control (which possession or control shall be given to the Collateral Agent to the extent required by any Security Document), such Security Document will constitute fully
perfected Liens on (to the extent that perfection can be achieved under applicable Law by making such filings or recordings or taking such possession or control), and security interests in, all right, title and interest of the Nexstar Entities in
such Collateral, in each case subject to no Liens other than the applicable Liens permitted under the Loan Documents. 
 5.17
Use of Proceeds. The proceeds of the Term Loans and the Revolving Credit Loans shall be used in a manner consistent with the uses set forth in the Preliminary Statements to this Agreement. 

5.18 Senior Second Lien Notes Intercreditor Agreement and First Lien/Second Lien Matters. The (a) execution, delivery and
performance of this Agreement, (b) consummation of the Newport Acquisition and (c) the consummation and performance of the Transactions, do not and will not conflict with or result in any breach or contravention of, the Senior Second Lien
Notes or the Senior Second Lien Notes Indenture Documentation. The Liens on the Collateral securing or purporting to secure the Obligations and Mission Obligations are senior and prior in all respects to each Lien (if any) on such Collateral
securing or purporting to secure any Senior Second Lien Notes, and each Lien on Collateral securing or purporting to secure all or any portion of the Senior Second Lien Notes is junior and subordinate in all respects to the Liens on such Collateral
securing or purporting to secure the Obligations and the Mission Obligations. 
 5.19 Insurance. The properties of the
Nexstar Entities and their Restricted Subsidiaries are insured with financially sound and reputable insurance companies not Affiliates of any of the Nexstar Entities, in such amounts, with such deductibles and covering such risks as are customarily
carried by companies engaged in similar businesses and owning similar properties in localities where such Person operates. 

5.20 Labor Matters. There are no strikes, walkouts, work stoppages or other material labor disputes pending or, to the
knowledge of the Borrower and the Parent Guarantors, threatened against any of the Nexstar Entities, except for those as would not, individually or in the aggregate for the Nexstar Entities, reasonably be expected to result in a Material Adverse
Effect. 
 5.21 OFAC; Anti-Money Laundering and Economic Sanctions Laws. 

(a) No Nexstar Entity or any of its Restricted Subsidiaries, nor, to the knowledge of senior management of the Borrower or either Parent
Guarantor, any respective officers or directors of any Nexstar Entity, (i) is currently the subject of any Sanctions, (ii) is located, organized or residing in any Designated Jurisdiction, or (iii) is or has been (within the previous
five years) engaged in any transaction with any Person who is now or was then the subject of Sanctions or who is located, organized or residing in any Designated Jurisdiction. No Loan, nor the proceeds from any Loan, has been used, directly or
indirectly, to lend, contribute, provide or has otherwise made available to fund any activity or business in any Designated Jurisdiction or to fund any activity or business of any Person located, organized or residing in any Designated Jurisdiction
or who is the subject of any Sanctions, or in any other manner that will result in any violation by any Person (including any Lender, any Arranger, any Agent, any L/C Issuer or the Swing Line Lender) of Sanctions. 

  
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 (b) No Nexstar Entity, none of its Restricted Subsidiaries and, to the knowledge of senior
management of the Borrower or either Parent Guarantor, none of the respective officers or directors of any Nexstar Entity or such Restricted Subsidiary (i) has violated or is in violation of any applicable Anti-Money Laundering Law or
(ii) has engaged or engages in any transaction, investment, undertaking or activity that conceals the identity, source or destination of the proceeds from any category of offenses designated in any applicable Law, regulation or other binding
measure implementing the “Forty Recommendations” and “Nine Special Recommendations” published by the Organization for Economic Cooperation and Development’s Financial Action Task Force on Money Laundering. 

(c) No Nexstar Entity, none of its Restricted Subsidiaries and, to the knowledge of senior management of the Borrower or either Parent
Guarantor, none of the respective officers or directors of any Nexstar Entity or such Restricted Subsidiary that is acting or benefiting in any capacity in connection with the Loans is an Embargoed Person. 

(d) Except as otherwise authorized by OFAC, no Nexstar Entity, none of its Restricted Subsidiaries and, to the knowledge of senior
management of the Borrower or either Parent Guarantor, none of the respective officers, directors, brokers or agents of any Nexstar Entity or such Restricted Subsidiary that is acting or benefiting in any capacity in connection with the Loans
conducts any business or engages in making or receiving any contribution of funds, goods or services to or for the benefit of any Embargoed Person. 
 5.22 FCC Licenses. 
 (a) Each Nexstar Entity, and each Restricted
Subsidiary of each such entity, holds such validly issued Broadcast Licenses as are necessary to operate the Stations as they are currently operated, and each such Broadcast License is in full force and effect (it being recognized that, as indicated
on Schedules 5.22, certain Stations may, from time to time, operate pursuant to Special Temporary Authority granted by the FCC). To the Borrower’s knowledge, each Shared Services Party holds such validly issued Broadcast Licenses as
are necessary to operate the Shared Services Party Stations as they are currently operated. The Stations, together with Broadcast Licenses, are identified on Schedule 5.22, and each such Broadcast License has the expiration date set
forth on Schedule 5.22. 
 (b) No Nexstar Entity has knowledge of any condition imposed by the FCC as part of any
Broadcast License which is neither set forth on the face thereof as issued by the FCC nor contained in the Communications Laws applicable generally to stations of the type, nature, class or location of the Station or Shared Services Party Station in
question. Except as otherwise set forth on Schedules 5.22 and 5.22(c), each Station, and, to the Borrower’s knowledge, each Shared Services Party Station has been and is being operated in all material respects in accordance
with the terms and conditions of the Broadcast Licenses applicable to it and the Communications Laws. 

  
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 (c) Except as otherwise set forth on Schedule 5.22(c), no proceedings are pending or,
to the knowledge of any Nexstar Entity or any Restricted Subsidiary are threatened which may result in the revocation, modification, non-renewal or suspension of any applicable Broadcast License of such Nexstar Entity, the denial of any pending
applications, the issuance of any cease and desist order or the imposition of any fines, forfeitures or other administrative actions by the FCC with respect to any Station, or, to the Borrower’s knowledge, any Shared Services Party Station or
its operation, other than (i) any proceedings which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect and (ii) proceedings affecting the television broadcasting industry in general.

 (d) All reports, applications and other documents required to be filed by the Nexstar Entities and their Restricted
Subsidiaries with the FCC with respect to the Stations, and, to the Borrower’s knowledge, Shared Services Party Stations have been timely filed, and all such reports, applications and documents are true, correct and complete in all respects,
except where the failure to make such timely filing or any inaccuracy therein could not reasonably be expected to have a Material Adverse Effect, and except as otherwise set forth on Schedule 5.22(c), no Nexstar Entity nor
any Restricted Subsidiary of a Nexstar Entity has knowledge of any matters which could reasonably be expected to result in the suspension or revocation of or the refusal to renew any Broadcast License or the imposition on any Nexstar Entity or any
Restricted Subsidiary of any material fines or forfeitures by the FCC, or which could reasonably be expected to result in the revocation, rescission, reversal or material adverse modification of the authorization of any Broadcast License.

 (e) There are no unsatisfied or otherwise outstanding citations issued by the FCC with respect to any Station or its
operations, or, to the Borrower’s knowledge, any Shared Services Party Station or its operations. 
 (f) Non-U.S. voting
interests held, directly or indirectly, by entities other than ABRY L.P. II and ABRY L.P. III are less than 25 percent of the Ultimate Parent’s total voting interests, and the total equity of the Ultimate Parent held by non-U.S. citizens,
directly or indirectly, by entities other than ABRY L.P. II and ABRY L.P. III is less than 10.3 percent of the Ultimate Parent’s total equity. 
 5.23 Nexstar/Mission Agreements. All Nexstar/Mission Agreements in effect on the Closing Date are listed on Schedule 1.01(a), and full and complete copies thereof have been delivered to the
Administrative Agent together with all exhibits, schedules, annexes and other documents related thereto or executed in connection therewith. 
 5.24 Cross-Collateralization, Cross-Default and Cross-Guaranties of the Nexstar and Mission Entities. 
 (a) Cross-Default. The provisions of this Agreement are effective to provide that the occurrence of a Mission Event of Default under the Mission Credit Agreement will result in an Event of Default
under this Agreement. 

  
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 (b) Cross-Guaranties. The Nexstar Guaranty of Mission Obligations is effective to
bind the Nexstar Entities to an unconditional guarantee of the Mission Obligations and is a legal, valid and binding obligation of the Nexstar Entities, enforceable against each such Nexstar Entity in accordance with its terms, except as such
enforceability may be limited by Debtor Relief Laws and by general principles of equity. 
 (c) Cross-Collateralization.
The Nexstar Security Agreement, Nexstar Pledge Agreements and Mortgages are effective to create for the benefit of the Secured Parties legal, valid and enforceable Liens on, and security interests in, the Collateral to secure payments of all or any
portion of the Mission Obligations and the Obligations. 
 ARTICLE VI 

AFFIRMATIVE COVENANTS 
 So long as (1) any Lender shall have any Commitment hereunder or any Mission Lender shall have any Mission Commitment under the Mission Credit Agreement, (2) any Loan or other Obligation
hereunder which is accrued and payable shall remain unpaid or unsatisfied or any Mission Loan or other Mission Obligation under the Mission Loan Documents which is accrued and payable shall remain unpaid or unsatisfied, or (3) any Letter of
Credit shall remain outstanding, the Borrower and the Parent Guarantors shall, and shall (except in the case of the covenants set forth in Sections 6.01, 6.02 and 6.03) cause each Nexstar Entity to: 

6.01 Financial Statements. Deliver to the Administrative Agent for prompt further distribution to each Lender: 

(a) as soon as available, but in any event within 90 days after the end of each fiscal year of the Borrower, a consolidated balance sheet
of the Borrower and its consolidated Subsidiaries as at the end of such fiscal year and the related consolidated statements of income or operations, shareholders’ or members’ equity and cash flows for such fiscal year, setting forth in
each case in comparative form the figures for the previous fiscal year, all in reasonable detail and prepared in accordance with GAAP, audited and accompanied by a report and opinion of an independent registered 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; 
 (b) as soon as available, but in any event within 45 days after the end of each of the first
three fiscal quarters of each fiscal year of the Borrower commencing with the fiscal quarter ending March 31, 2013, a consolidated balance sheet of the Borrower and its consolidated Subsidiaries as at the end of such fiscal quarter, and the
related (i) consolidated statements of income or operations and shareholders’ or members’ equity for such fiscal quarter and for the portion of the fiscal year then ended and (ii) consolidated statements of cash flows for the
portion of the fiscal year then ended, setting forth in each case in comparative form the figures for the corresponding fiscal quarter of the previous fiscal year and the corresponding portion of the previous fiscal year, all in reasonable detail
and certified by a Responsible Officer of the Borrower as fairly presenting in all material respects the financial condition, results of operations, shareholders’ or members’ equity and cash flows of the Borrower and its consolidated
Subsidiaries, in accordance with GAAP, subject only to normal year-end adjustments and the absence of footnotes; 

  
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 (c) simultaneously with the delivery of each set of consolidated financial statements
referred to in Sections 6.01(a) and (b) above, the related consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such consolidated financial
statements; 
 (d) at such time as required by the Mission Credit Agreement and such to the extent not otherwise delivered under
this Agreement, documents, instruments, agreements, letters, certificates and other information required to be delivered by any of the Mission Entities by Section 6.01 of the Mission Credit Agreement. The agreements in this
clause (d) shall survive the resignation of the Mission Administrative Agent, the Collateral Agent, the replacement of any Mission Lender, the repayment of Mission Loans, the termination of the Mission Commitments, the repayment,
satisfaction or discharge of all the other Mission Obligations and the termination of the Mission Credit Agreement (provided, that, if the Mission Credit Agreement has been terminated, the provisions most recently in effect will be the
applicable provisions); and 
 (e) on or prior to March 31 of each year, to the extent requested by at least three
Revolving Credit Lenders in writing to the Administrative Agent (with a copy to the Borrower), a copy of the annual budget for the Borrower and its consolidated Subsidiaries for the next fiscal year; 

Notwithstanding the foregoing, the obligations in subsections (a) and (b) of this Section 6.01 may be satisfied with
respect to financial information of the Borrower and its Subsidiaries by furnishing the Ultimate Parent’s Form 10-K or 10-Q, as applicable, filed with the SEC; provided that (1) such information is accompanied by
(A) consolidating information that explains in reasonable detail the differences between the information relating to the Ultimate Parent and the Intermediate Parent on the one hand, and the information relating to the Borrower and its
Restricted Subsidiaries on a standalone basis, on the other hand and (B) the related consolidating financial statements reflecting the adjustments necessary to eliminate the accounts of Unrestricted Subsidiaries (if any) from such financial
statements, and (2) to the extent such information is in lieu of information required to be provided under Section 6.01(a), such materials are accompanied by a report and opinion an independent registered public accounting firm of
nationally recognized standing, which report and opinion shall be prepared in accordance with generally accepted auditing standards. 
 6.02 Certificates; Other Information. Deliver to the Administrative Agent for prompt distribution to each Lender: 
 (a) (i) no later than five days after the delivery of the financial statements referred to in Sections 6.01(a) and (b) (commencing with the delivery of financial statements
for the fiscal year ended December 31, 2012), a duly completed Compliance Certificate signed by the chief executive officer, president, chief financial officer, or vice president of the Borrower (which delivery may, unless the Administrative
Agent, or a Lender requests executed originals, be by electronic communication including fax or email and shall be deemed to be an original authentic counterpart thereof for all purposes), including (A) a description of each event, condition or
circumstance during the last fiscal quarter covered by such Compliance Certificate requiring a prepayment under Section 2.05(b), (B) a list that identifies each Domestic Subsidiary that is an

  
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Immaterial Subsidiary as of the date of delivery of such Compliance Certificate or a confirmation that there is no change in such information since the later of the Closing Date or the date of
the last such list, (C) if during the last fiscal quarter covered by such Compliance Certificate the Borrower and its Restricted Subsidiaries shall have made any Investment pursuant to Section 7.03(n), any Restricted Payment
pursuant to Section 7.09(j) or any payment made pursuant to Section 7.06(a)(iii) (or any of the Mission Entities shall have taken any such action under the comparable provision in the Mission Credit Agreement), a reasonably
detailed calculation (including all relevant financial information reasonably requested by the Administrative Agent) of the Available Amount as of the end of such fiscal quarter, (D) if during the last fiscal quarter covered by such Compliance
Certificate, the Borrower and its Restricted Subsidiaries shall have made any Discounted Voluntary Prepayment pursuant to Section 2.05(e), and (E) such other information required by the Compliance Certificate, and (ii) at such
time as required by the Mission Credit Agreement and to the extent not otherwise delivered under this Agreement, such documents, instruments, agreements, letters, certificates and other information required by the Mission Entities to deliver under
Section 6.02(a) of the Mission Credit Agreement. The agreements in this Section 6.02(a)(ii) shall survive the resignation of the Mission Administrative Agent, the Collateral Agent, the replacement of any Mission Lender, the
repayment of Mission Loans, the termination of the Mission Commitments, the repayment, satisfaction or discharge of all the other Mission Obligations and the termination of the Mission Credit Agreement (provided, that, if the Mission Credit
Agreement has been terminated, the provisions most recently in effect will be the applicable provisions); 
 (b) promptly after
the same are publicly available, copies of all annual, regular, periodic and special reports and registration statements which any Nexstar Entity or Mission Entity may file or be required to file with the SEC or with any Governmental Authority that
may be substituted therefor (other than amendments to any registration statement (to the extent such registration statement, in the form it became effective, is delivered), exhibits to any registration statement and, if applicable, any registration
statement on Form S-8) and in any case not otherwise required to be delivered to the Administrative Agent pursuant hereto; 

(c) promptly after any reasonable request by the Administrative Agent, copies of any detailed audit reports and final management letters
submitted to the board of directors (or the audit committee of the board of directors) of any Nexstar Entity or Mission Entity by independent accountants in connection with the accounts or books of any Nexstar Entity or Mission Entity or any of
their Subsidiaries, or any audit of any of them; 
 (d) promptly after the furnishing thereof, copies of any material requests
or material notices received by any Nexstar Entity or Mission Entity or any of their Subsidiaries that could reasonably be expected to result in a Material Adverse Effect; 
 (e) together with the delivery of the financial statements pursuant to Section 6.01(a) and each Compliance Certificate pursuant to Section 6.02(a) (commencing with the financial
statements for the fiscal year ended December 31, 2012), a report showing in reasonable detail (i) any new Material Real Property, (ii) any new registered Marks, Copyrights, and Patents (as each is defined in the Security Documents),
that, in each case, are required by the Collateral and Guarantee Requirement to secure the Obligations, (iii) any new Equity Interests of any JV Entity that are required by the Collateral and Guarantee Requirement to secure the Obligations,
(iv) any 

  
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new investment property and letter of credit rights, with a value of greater than $1,000,000, (v) any new Restricted Subsidiary of any Nexstar Entity or any Mission Entity the Equity
Interests of which are required by the Collateral and Guarantee Requirement to be pledged to secure the Obligations, and (vi) any new Restricted Subsidiary of any Nexstar Entity or any Mission Entity that is required by the Collateral and
Guarantee Requirement to Guarantee the Obligations, in each case since the Closing Date and that have not been previously disclosed in writing; 
 (f) promptly, such additional information regarding the Collateral or the business, legal, financial or corporate affairs of any Nexstar Entity or Mission Entity, or compliance with the terms of the Loan
Documents, as the Administrative Agent or any Lender through the Administrative Agent may from time to time reasonably request; 

(g) promptly following their submission with the FCC or any other Federal, state or local Governmental Authority, copies of any and all
periodic or special reports filed by the Borrower or any of its Subsidiaries, if such reports are publicly available and indicate a material adverse change in the business, operations or financial condition of the Nexstar Entities and Mission
Entities taken as a whole (but only to the extent such reports are publicly available); and 
 (h) promptly after the occurrence
of (i) any other Material Adverse Effect not otherwise described in this Section 6.03 under this Agreement or (ii) any “Material Adverse Effect” as defined in the Mission Credit Agreement not otherwise described in
this Section 6.03. 
 Documents required to be delivered pursuant to Section 6.01(a) or
(b) or Section 6.02(b) may be delivered electronically and if so delivered, shall be deemed to have been delivered on the date (x) on which the Borrower posts such documents, or provides a link thereto on the
Borrower’s website on the Internet at the website address listed on Schedule 10.02; or (y) on which such documents are posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and
the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent); provided that: (i) upon written request of the Administrative Agent, the Borrower shall deliver paper
copies of such documents to the Administrative Agent for further distribution to each Lender until a written request to cease delivering paper copies is given by the Administrative Agent or such Lender and (ii) the Borrower shall notify (by
facsimile or electronic mail) the Administrative Agent of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions (i.e., soft copies) of such documents. The Administrative Agent shall
have no obligation to request the delivery of or to maintain paper copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by the Borrower with any such request by a Lender for delivery, and
each Lender shall be solely responsible for requesting delivery to it or maintaining its copies of such documents. 
 The
Borrower hereby acknowledges that (a) the Administrative Agent and/or the Arrangers may, but shall not be obligated to, make available to the Lenders and the L/C Issuers materials and/or information provided by or on behalf of the Borrower
hereunder (collectively, “Borrower Materials”) by posting the Borrower Materials on Debt Domain, IntraLinks or another similar electronic system (the “Platform”) and (b) certain of the Lenders (each, a
“Public Lender”) may have personnel who do not wish to receive material non-public information with 

  
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respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other market-related activities with respect to such
Persons’ securities. The Borrower hereby agrees that so long as the Borrower is the issuer of any outstanding debt or equity securities that are registered or issued pursuant to a private offering or is actively contemplating issuing any
such securities (w) all Borrower Materials that are to be made available to Public Lenders 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, (x) by marking Borrower Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Arrangers, the L/C Issuers and the Lenders to treat such Borrower Materials as not
containing any material non-public information with respect to the Borrower or its securities for purposes of United States Federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute
Information, they shall be treated as set forth in Section 10.07), (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side
Information,” and (z) the Administrative Agent and the Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated
“Public Side Information.” Notwithstanding the foregoing, the Borrower shall be under no obligation to mark any Borrower Materials “PUBLIC.” 
 6.03 Notices. Upon any Responsible Officer of a Nexstar Entity obtaining actual knowledge thereof, notify the Administrative Agent: 

(a) promptly of the occurrence of any Default, which notice shall specify the nature thereof, the period of existence thereof and what
action the Borrower proposes to take with respect thereto; 
 (b) promptly of any litigation or governmental proceeding
(including, without limitation, pursuant to any applicable Environmental Laws) pending, or to the knowledge of any Nexstar Entity, threatened, against any Nexstar Entity (i) that could reasonably be expected to be determined adversely and, if
so determined, to result in a Material Adverse Effect or (ii) which relates to this Agreement or any other Loan Document; 

(c) promptly of the occurrence of any ERISA Event that could reasonably be expected to have a Material Adverse Effect; 

(d) promptly of any material change in accounting policies or financial reporting practices by any Nexstar Entity, including, without
limitation, any change in the methodology of calculating or including the Mission Entity financial results in the financial covenants of this Agreement; 
 (e) promptly and in any event within five Business Days after the receipt by any Nexstar Entity from the FCC or any other Governmental Authority, or the filing by any Nexstar Entity, as applicable, of,
(i) any citation, notice of violation or order to show cause issued by the FCC or any Governmental Authority with respect to any Nexstar Entity which is available to any Nexstar Entity, in each case which could reasonably be expected to have a
Material Adverse Effect and (ii) a copy of any notice or application by any Nexstar Entity requesting authority to or notifying the FCC of its intent to cease broadcasting on any full-power broadcast station for any period in excess of ten
days; 

  
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 (f) promptly and in any event within five Business Days after the receipt by any Nexstar
Entity or the occurrence of (i) any complaint or other matter filed with or communicated to the FCC or other Governmental Authority, of which any Nexstar Entity or Mission Entity has knowledge which could reasonably be expected to have a
Material Adverse Effect and (ii) any lapse, termination or relinquishment of any material Broadcast License or material Mission Broadcast License or any other material License held by any Nexstar Entity or any Mission Entity, or any denial by
the FCC or other Governmental Authority of any application to renew or extend such material Broadcast License, material Mission Broadcast License or such other material License for the usual period thereof; 

(g) promptly and in any event within five Business Days after the designation of a Subsidiary as an Unrestricted Subsidiary, or the
designation of an Unrestricted Subsidiary as a Restricted Subsidiary; and 
 (h) promptly and in any event within five Business
Days after the receipt by any Nexstar Entity of any notice from any Second Lien Claimholder (as defined in the Senior Second Lien Notes Intercreditor Agreement) or any other party in connection with the Senior Second Lien Notes Intercreditor
Agreement. 
 6.04 Preservation of Existence, Etc. (a) Preserve, renew and maintain in full force and effect its
legal existence under the Laws of the jurisdiction of its organization and (b) take all reasonable action to maintain all rights, privileges (including its good standing), permits, licenses (including FCC Licenses) and franchises necessary or
desirable in the normal conduct of its business, except in the case of clauses (a) (other than with respect to the Borrower) and (b), (i) to the extent that failure to do so could not reasonably be expected to have a
Material Adverse Effect or (ii) pursuant to a transaction permitted by Section 7.04 or Section 7.05. 
 6.05 Maintenance of Properties. Except if the failure to do so could not, individually or in the aggregate for all Nexstar Entities and all Mission Entities, reasonably be expected to have a
Material Adverse Effect, (i) maintain, preserve and protect all of its material tangible properties and equipment necessary in the operation of its business in good working order, repair and condition, ordinary wear and tear excepted and
casualty or condemnation excepted; and (ii) make all necessary renewals, replacements, modifications, improvements, upgrades, extensions and additions thereof or thereto in accordance with prudent industry practice. 

6.06 Maintenance of Insurance. Maintain with financially sound and reputable insurance companies, insurance with respect to its
properties and business against loss or damage of the kinds customarily insured against by Persons engaged in the same or similar business, of such types and in such amounts (after giving effect to any self-insurance reasonable and customary for
similarly situated Persons engaged in the same or similar businesses as the Borrower) as are customarily carried under similar circumstances by such other Persons. If any portion of any of the Mortgaged Properties is at any time located in an area
identified by the Federal Emergency Management Agency (or any successor agency) as a special flood hazard area with respect to which flood insurance has been made available under the National Flood

  
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Insurance Act of 1968 (as now or hereafter in effect or successor act thereto), then, to the extent required by applicable Laws, the Borrower shall, or shall cause each Restricted Subsidiary and
each other Nexstar Entity to, (a) maintain, or cause to be maintained, with a financially sound and reputable insurer, flood insurance in an amount reasonably satisfactory to the Administrative Agent and otherwise sufficient to comply with all
applicable rules and regulations promulgated pursuant to the Flood Insurance Laws and (b) deliver to the Administrative Agent evidence of such compliance in form and substance reasonably acceptable to the Administrative Agent. 

6.07 Compliance with Laws. 
 (a) Comply in all respects with the requirements of all Laws and all orders, writs, injunctions, decrees and judgments applicable to it or to its business or property (including, without limitation,
Environmental Laws, ERISA and the Act), except if the failure to comply therewith could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. 

(b) Comply in all material respects with all terms and conditions of all Broadcast Licenses, applicable Communications Laws, all Federal,
state and local laws, all rules, regulations and administrative orders of Governmental Authorities which are applicable to each Nexstar Entity or to the operation of the Stations and the performance of any services or obligations of a Nexstar Entity
with respect to any Shared Services Party Stations. 
 6.08 Books and Records. Maintain proper books of record and
account, in which entries that are full, true and correct in all material respects and are in conformity with GAAP consistently applied shall be made of all material financial transactions and matters involving the assets and business of such
Nexstar Entity. 
 6.09 Inspection Rights. Permit representatives and independent contractors of the Administrative Agent
and each Lender to visit and inspect any of its properties and to discuss its affairs, finances and accounts with its directors, officers, and independent public accountants, all at the reasonable expense of the Borrower and at such reasonable times
during normal business hours and as often as may be reasonably desired, upon reasonable advance notice to the Borrower; 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 6.09 and the Administrative Agent shall not exercise such rights more often than two times during any
calendar year absent the existence of an Event of Default and only one such time shall be at the Borrower’s expense; provided further that when an Event of Default exists, the Administrative Agent or any Lender (or any of their
respective representatives or independent contractors) may do any of the foregoing at the expense of the Borrower at any time during normal business hours and upon reasonable advance notice. The Administrative Agent and the Lenders shall give the
Borrower the opportunity to participate in any discussions with the Borrower’s independent public accountants. Notwithstanding anything to the contrary in this Section 6.09, none of the Nexstar Entities will be required to disclose
or permit the inspection or discussion of, any document, information or other matter (a) that constitutes non-financial trade secrets or non-financial proprietary information, (b) in respect of which disclosure to the Administrative Agent
or any Lender (or their respective representatives or contractors) is prohibited by Law or any binding agreement or (c) that is subject to attorney client or similar privilege or constitutes attorney work product. 

  
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 6.10 Maintenance of First Lien Priority. In connection with the granting of any new
Liens to secure the Senior Second Lien Notes on property or assets acquired by any Loan Party on, concurrently with, and after the Closing Date, maintain the first and prior Lien priority of all Liens required by this Agreement and the Security
Documents to secure the Obligations and the Mission Obligations, subject in all cases to Liens permitted by Section 7.01. 
 6.11 Covenant to Guarantee the Obligations and Give Security. From and after the Closing Date, subject to Section 6.14, at the Borrower’s expense, take all action necessary or
reasonably requested by the Administrative Agent to ensure that the Collateral and Guarantee Requirement continues to be satisfied, including: 
 (a) upon the formation, acquisition, designation or occurrence of any new direct or indirect Subsidiary or Mission Subsidiary, within 45 days after such formation, acquisition, designation or
occurrence (or such longer period as the Administrative Agent may agree in its reasonable discretion): 
 (i)
with respect to each Subsidiary and Mission Subsidiary that is required to become a Guarantor under the Collateral and Guarantee Requirement, deliver to the Administrative Agent a description of the Material Real Properties owned by such Person in
detail reasonably satisfactory to the Administrative Agent; 
 (ii) with respect to each Subsidiary and Mission
Subsidiary that is required to become a Guarantor under the Collateral and Guarantee Requirement, deliver to the Administrative Agent a duly executed guarantee substantially in the form of the Guaranties, as appropriate (or supplement thereto),
Mortgages, pledges, assignments, Security Agreement Supplements and other security agreements and documents or joinders or supplements thereto (including without limitation, with respect to Mortgages, the documents listed in
Section 6.11(b) and Section 6.11(b) of the Mission Credit Agreement), to the extent required by the Collateral and Guarantee Requirement, the Security Documents or as otherwise reasonably requested by and in form and substance
reasonably satisfactory to the Administrative Agent and the Collateral Agent (consistent with the Mortgages, Security Agreement and other Security Documents in effect on the Closing Date), in each case granting Liens required by the Collateral and
Guarantee Requirement; 
 (iii) with respect to each Subsidiary and Mission Subsidiary that is required to become
a Guarantor under the Collateral and Guarantee Requirement, deliver to the Administrative Agent any and all certificates representing Equity Interests (to the extent certificated) that are required to be pledged pursuant to the Collateral and
Guarantee Requirement, accompanied by undated stock powers or other appropriate instruments of transfer executed in blank (or any other documents customary under local law) and instruments evidencing the Indebtedness held by such Person and required
to be pledged pursuant to the Security Documents, indorsed in blank to the Collateral Agent; 

  
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 (iv) with respect to each Subsidiary and Mission Subsidiary that is required
to become a Guarantor under the Collateral and Guarantee Requirement, deliver to the Administrative Agent executed pledge agreements substantially similar to the Pledge Agreements and deliver any and all certificates representing Equity Interests
(to the extent certificated) that are required to be pledged pursuant to the Collateral and Guarantee Requirement, accompanied by undated stock powers or other appropriate instruments of transfer executed in blank (or any other documents customary
under local law) (limited, in the case of Equity Interests of any Foreign Subsidiary, to 65% of the issued and outstanding Equity Interests of each such Foreign Subsidiary); 

(v) with respect to each Subsidiary and Mission Subsidiary that is required to become a Guarantor under the Collateral and
Guarantee Requirement, deliver to the Administrative Agent, take whatever action (including the recording of Mortgages, the filing of financing statements and delivery of stock and membership interest certificates) as may be necessary in the
reasonable opinion of the Collateral Agent and Administrative Agent to vest in the Collateral Agent (or in any representative of the Collateral Agent designated by it) valid and perfected Liens required by the Collateral and Guarantee Requirement,
enforceable against all third parties in accordance with their terms, except as such enforceability may be limited by Debtor Relief Laws and by general principles of equity (regardless of whether enforcement is sought in equity or at law);
and 
 (vi) with respect to each Subsidiary and Mission Subsidiary that is required to become a Guarantor under
the Collateral and Guarantee Requirement, deliver to the Administrative Agent, (1) a copy of the Organization Documents, including all amendments thereto, of each such Person, certified, if applicable, as of a recent date by the Secretary of
State or other competent authority of the state of its respective organization, if applicable, or similar Governmental Authority, and a certificate as to the good standing or comparable certificate under applicable Laws (where relevant) of such
Person as of a recent date from the date of formation or acquisition, from such respective Secretary of State, similar Governmental Authority or other competent authority and (2) a certificate of the Secretary or Assistant Secretary or
comparable officer under applicable Law or director of each such Person dated the date of formation or acquisition and certifying (where relevant) (A) that attached thereto is a true and complete copy of the Organization Documents of each such
Person as in effect on the date of formation or acquisition, (B) that attached thereto is a true and complete copy of resolutions duly adopted by the board of directors (or equivalent governing body) of each such Person authorizing the
execution, delivery and performance of the Loan Documents to which such Person is a party and, the borrowings hereunder, and that such resolutions have not been modified, rescinded or amended and are in full force and effect, (C) that the
Organization Documents of each such Person have not been amended since the date of the last amendment shown on such certificate, (D) as to (if applicable) the incumbency and specimen signature of each officer executing any Loan Document on
behalf of each such Person and countersigned by another officer as to the incumbency and specimen signature of the Secretary or Assistant Secretary or comparable officer under applicable Law executing the certificate pursuant to clause
(2) above and (E) such other matters that are customarily included in a certificate of this nature in the jurisdiction of its incorporation or organization. 

  
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 (b) As promptly as practicable after the request therefor by the Collateral Agent or the
Administrative Agent, deliver to the Collateral Agent with respect to each Material Real Property and Mission Material Real Property for which a Mortgage has not yet been executed and delivered, any existing title reports, title insurance policies
and surveys or environmental assessment reports. 
 (c) As to each Material Real Property and Mission Material Real Property
acquired after the Closing Date (excluding any Material Real Property and Mission Material Real Property subject to a Lien permitted by Section 7.01(i) or (o), or Section 7.01(i) or (o) of the Mission Credit Agreement), deliver
to the Collateral Agent the following and otherwise satisfy the applicable Collateral and Guarantee Requirement with respect to such Material Real Property and Mission Material Real Property within 60 days (or such longer period as the
Collateral Agent may agree in its sole discretion) of the acquisition or leasing of such Material Real Property and Mission Material Real Property: 
 (i) one or more counterparts, as specified by the Collateral Agent, of a Mortgage on such Material Real Property or Mission Material Real Property, as applicable, for the benefit of the Secured Parties,
duly executed, acknowledged and delivered by the appropriate Nexstar Entities and Mission Entities; 
 (ii)
evidence that counterparts of such Mortgage have been duly filed or recorded in all filing or recording offices that the Collateral Agent may deem reasonably necessary or desirable in order to create a valid and subsisting perfected Lien on such
Material Real Property or Mission Material Real Property, as applicable, for the benefit of the Secured Parties, and that all applicable filing, documentary, stamp, intangible and recording taxes and fees have been paid or otherwise provided for in
a manner reasonably satisfactory to the Collateral Agent; 
 (iii) a Mortgage Policy in form and substance
reasonably acceptable to the Collateral Agent and the Administrative Agent, and in an amount equal to the value of such Material Real Property or Mission Material Real Property, as applicable, covered thereby); 

(iv) unless waived by the Collateral Agent, an American Land Title Association/American Congress on Surveying and Mapping
form survey, for which all necessary fees (where applicable) have been paid, and dated no more than 30 days before the date of such Mortgage or such earlier date as approved in writing by the Collateral Agent, certified to the Collateral Agent and
the issuer of such Mortgage Policy in a manner satisfactory to the Collateral Agent and the Administrative Agent by a land surveyor duly registered and licensed in the State(s) in which such Material Real Property or Mission Material Real Property,
as applicable, is located and acceptable to the Collateral Agent and the Administrative Agent, showing all buildings and other improvements, any off-site improvements, the location of any easements, parking spaces, rights of way, building set-back
lines and other dimensional regulations and the absence of encroachments, either by such improvements or on to such property, and other defects, other than Liens permitted under Section 7.01 and other defects acceptable to the Collateral
Agent and the Administrative Agent; 

  
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 (v) a flood insurance policy on such Material Real Property or Mission
Material Real Property, as applicable, in an amount equal to the lesser of the maximum amount secured by such Mortgage or the maximum amount of flood insurance available under the Flood Disaster Protection Act of 1973, as amended, and otherwise in
compliance with the requirements of the Loan Documents, or evidence satisfactory to the Collateral Agent and the Administrative Agent that none of the improvements located on such Material Real Property or Mission Material Real Property, as
applicable, is located in a flood hazard area; 
 (vi) evidence satisfactory to the Administrative Agent and the
Collateral Agent that the land constituting such Material Real Property or Mission Material Real Property, as applicable, is a separate tax lot or lots with separate assessment or assessments of such land and the improvements thereon, independent of
any other land or improvements and that such land is a separate legally subdivided parcel, provided, however, that receipt of relevant title policy endorsements acceptable to the Administrative Agent and the Collateral Agent for such
Mortgage Policy shall deemed to satisfy this clause (vi); 
 (vii) such certificates of resolutions
or other action, incumbency certificates and/or other certificates of Responsible Officers of the applicable Nexstar Entity and Mission Entity on behalf of such Person as the Administrative Agent may reasonably require evidencing the identity,
authority and capacity of each Responsible Officer thereof authorized to act as a Responsible Officer in connection with the requirements of this Section 6.11; 

(viii) such documents and certifications as the Administrative Agent and the Collateral Agent may reasonably require to
evidence that each Nexstar Entity and Mission Entity granting Liens and security interests in connection with this Section 6.11 or otherwise is duly organized or formed and is validly existing, in good standing and qualified to engage in
business in each jurisdiction where its ownership, lease or operation of properties or the conduct of its business requires such qualification, except to the extent that failure to be so qualified could not reasonably be expected to have a
Material Adverse Effect; 
 (ix) an opinion of local counsel for the Nexstar Entities and the Mission Entities
(or any local counsel for the Administrative Agent if customary in such jurisdiction) in states or provinces in which such Material Real Property or Mission Material Real Property, as applicable, is located, with respect to the enforceability and
perfection of such Mortgage and any related fixture filings in form and substance reasonably satisfactory to the Collateral Agent; and 
 (x) such other evidence that all other actions that the Administrative Agent and the Collateral Agent may reasonably deem necessary or desirable in order to create valid and subsisting Liens on the
property described in such Mortgage has been taken. 

  
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 (d) With respect to (i) the acquisition, or series of related acquisitions, of any
assets or properties for an aggregate purchase price in excess of $35,000,000 for the Nexstar Entities and the Mission Entities, or (ii) the formation, acquisition, designation or occurrence of any new direct or indirect Subsidiary or Mission
Subsidiary that is required to become a Guarantor under the Collateral and Guarantee Requirement, promptly, at the request of the Administrative Agent, deliver to the Administrative Agent an opinion of Kirkland & Ellis LLP, counsel to the
Nexstar Entities and the Mission Entities and each Subsidiary and Mission Subsidiary, or other counsel reasonably acceptable to the Administrative Agent, addressed to the Administrative Agent, the Collateral Agent, the Swing Line Lender, the L/C
Issuers and each Lender, as to the enforceability, authorization and execution of the Loan Documents, as applicable, and such other matters concerning the Nexstar Entities, the Mission Entities, their Subsidiaries and the Loan Documents, and the new
Guarantors and any new Collateral, as the Administrative Agent or the Collateral Agent may reasonably request. 
 (e) With
respect to any acquisition, or series of related acquisitions, of any Equity Interests or assets or properties for an aggregate purchase price in excess of $35,000,000 for the Nexstar Entities and the Mission Entities, in each case only to the
extent any such acquisition includes any Broadcast License or Mission Broadcast License, promptly, at the request of the Administrative Agent, deliver to the Administrative Agent an opinion of Wiley Rein, LLP, special FCC counsel to the Nexstar
Entities and the Mission Entities, or other counsel reasonably acceptable to the Administrative Agent, addressed to the Administrative Agent, the Collateral Agent, the Swing Line Lender, the L/C Issuers and each Lender, as to any applicable FCC
matters related to such new Guarantors or Collateral as the Administrative Agent or the Collateral Agent may reasonably request. 
 6.12 Use of Proceeds. 
 (a) Use the proceeds of the Term Loans to fund the
(i) payment of the purchase price of the Newport Acquisition, (ii) payment of the fees, costs, expenses, stamp, registration and other Taxes incurred by the Borrower or any of its Subsidiaries in connection with the Newport Acquisition,
the Nexstar Acquisition Agreement or the Loan Documents, (iii) Refinancing and (iv) payment of any breakage costs, redemption premiums and other fees, costs and expenses payable in connection with such Refinancing and/or the Newport
Acquisition. 
 (b) Use the proceeds of the Credit Extensions under the Revolving Credit Facility to finance general corporate
and working capital purposes of the Borrower, any of its Restricted Subsidiaries, and to the extent permitted by the terms of this Agreement, any of its Subsidiaries that are not Restricted Subsidiaries, (including Investments, Capital Expenditures
and Restricted Payments permitted hereunder), the payment of fees, costs and expenses related to or arising in connection with the Newport Acquisition and the funding of any original issue discount in accordance with the terms set forth herein;
provided that in no event shall the proceeds of the Credit Extensions be used in contravention of any Law or of any Loan Document. 

  
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 6.13 Compliance with Environmental Laws. Except as could not, individually or in the
aggregate for all Nexstar Entities and Mission Entities, reasonably be expected to have a Material Adverse Effect, comply, and cause all lessees and other Persons operating or occupying its properties to comply with all applicable Environmental Laws
and Environmental Permits, obtain and renew all Environmental Permits necessary for its operations and properties, and conduct any investigation, study, sampling and testing, and undertake any cleanup, removal, remedial or other action necessary to
remove and clean up all Hazardous Materials from any of its properties, in accordance with the requirements of all Environmental Laws; provided, however, that no Nexstar Entity shall be required to undertake any such cleanup, removal,
remedial or other action to the extent that its obligation to do so is being contested in good faith and by proper proceedings and appropriate reserves are being maintained with respect to such circumstances in accordance with GAAP. 

6.14 Further Assurances; Post-Closing Conditions. 
 (a) Promptly upon the reasonable request by the Administrative Agent or the Collateral Agent, (i) correct any material defect or error that may be discovered in any Loan Document or in the execution,
acknowledgment, filing or recordation of any Security Document or other filing, document or instrument relating to Collateral, and (ii) do, execute, acknowledge, deliver, record, re-record, file, re-file, register and re-register any and all
such further acts, deeds, certificates, assurances and other instruments as the Administrative Agent or the Collateral Agent may reasonably require from time to time in order to (A) carry out more effectively the purposes of the Loan Documents,
(B) to the fullest extent permitted by applicable Law, subject any Loan Party’s or any of its Subsidiaries’ properties, assets, rights or interests to the Liens now or hereafter intended to be covered by any of the Security Documents,
(C) perfect and maintain the validity, effectiveness and priority of any of the Security Documents and any of the Liens intended to be created thereunder and (D) assure, convey, grant, assign, transfer, preserve, protect and confirm more
effectively unto the Secured Parties the rights granted or now or hereafter intended to be granted to the Secured Parties under any Loan Document, Mission Loan Document or under any other instrument executed in connection with any Loan Document or
Mission Loan Document to which any Loan Party or any of its Subsidiaries is or is to be a party, and cause each of its Subsidiaries to do so. 
 (b) To the extent not completed prior to the Closing Date, promptly after the Closing Date, and in no event later than (1) 30 days after the Closing Date (or such longer period as the Administrative
Agent may agree in its reasonable discretion) with respect to any Mortgages with respect to new Material Real Property acquired in connection with the Acquisition Agreements; and (2) 90 days after the Closing Date (or such longer period as the
Administrative Agent may agree in its reasonable discretion) with respect to any Mortgage Amendments with respect to Existing Mortgages, the Parent Guarantors and the Borrower will, and will cause each of its Restricted Subsidiaries and the other
Nexstar Entities to (in each case upon terms and conditions, and pursuant to documentation in form and substance reasonably satisfactory to the Administrative Agent, and delivered to the Administrative Agent duly executed by each applicable Person):

 (i) Real Property. Deliver to the Collateral Agent for the benefit of the Secured Parties, for each of
the Mortgaged Properties listed on Schedule 5.07: 

  
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 (A) with respect to each of the Existing Mortgaged Properties: 

(I) one or more counterparts, as specified by the Collateral Agent, of a Mortgage Amendment duly executed, acknowledged
and delivered by the appropriate Nexstar Entities and Mission Entities amending the Existing Mortgage covering such Existing Mortgaged Property to reflect the new Maturity Date and reflect changes made to the Obligations evidenced by this Agreement,
and to make such other amendments as the Collateral Agent and the Administrative Agent deem necessary for such Existing Mortgage to be consistent with this Agreement; 

(II) evidence that counterparts of each such Mortgage Amendment have been duly filed or recorded in all appropriate
filing or recording offices in order to continue a valid first and subsisting Lien on the Existing Mortgaged Property described therein for the benefit of the Secured Parties, and that all applicable filing, documentary, stamp, intangible and
recording taxes and fees have been paid or otherwise provided for in a manner reasonably satisfactory to the Collateral Agent and the Administrative Agent; 
 (III) either (1) an ALTA Form 11 endorsement or similar endorsement where ALTA Form 11 is unavailable to the Existing Mortgage Policy for such Existing Mortgaged Property insuring that coverage under
such Existing Mortgage Policy has not been reduced or terminated by virtue of such Mortgage Amendment, including a down date endorsement disclosing no additional liens or title exceptions against such Existing Mortgaged Property unless approved by
the Administrative Agent and Collateral Agent, and an endorsement extending the date of such Existing Mortgage Policy to the date of recordation of such Mortgage Amendment, or (2) a Mortgage Policy to replace the applicable Existing Mortgage
Policy covering such Existing Mortgaged Property; 
 (IV) a flood insurance policy in an amount equal to the
lesser of the maximum amount secured by the applicable Existing Mortgage or the maximum amount of flood insurance available under the Flood Disaster Protection Act of 1973, as amended, and otherwise in compliance with the requirements of the Loan
Documents, or evidence satisfactory to the Collateral Agent that none of the improvements located on such land is located in a flood hazard area; and 
 (V) at the request of the Administrative Agent, a local counsel opinion from counsel in the applicable State addressed to the Secured Parties regarding the enforceability of each such Mortgage Amendment
and such other matters as reasonably requested by the Collateral Agent. 

  
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 (B) With respect to each Material Real Property being acquired by any Loan
Party in connection with the Acquisition Agreements, the Mortgages and other documents and items specified in Section 6.11(c) and Section 6.11(c) of the Mission Credit Agreement; 

(ii) Other Collateral. Grant to the Collateral Agent for the benefit of all Secured Parties, Liens and assignments
on all other assets and properties of the Loan Parties pursuant to the Collateral and Guarantee Requirement that are not described in subsection (i) of Section 4.01 and not completed prior to the Closing Date, and take all such
actions reasonably required by the Administrative Agent and the Collateral Agent to perfect each such Lien and assignment; 
 (iii) Insurance. Deliver evidence that the Administrative Agent and Collateral Agent has been named as loss payee and additional insured under each general liability and property (excluding
business interruption insurance), as applicable, insurance policy of the Nexstar Entities and Mission Entities; and 
 (iv) Searches. Deliver copies of a recent Lien, bankruptcy, judgment, copyright, patent and trademark search in each jurisdiction reasonably requested by the Collateral Agent with respect to the
Nexstar Entities and the Mission Entities. 
 (c) Generally. Notwithstanding anything else to the contrary in this
Agreement or in any Loan Document, Section 6.14(b) is intended to address a specific Collateral request of the Administrative Agent, and in each case shall be in addition to those obligations and requirements of the Borrower and the
Nexstar Entities and Mission Entities elsewhere in this Agreement, the Mission Credit Agreement and the other Loan Documents, including but not limited to, those obligations and requirements in Section 6.11 (it being agreed among the
Borrower, the other Nexstar Entities, the Mission Entities, the Administrative Agent and the Lenders that Section 6.14(b) shall specifically NOT limit those obligations of the Borrower, the other Nexstar Entities and the Mission Entities
under the Collateral and Guarantee Requirement, Section 6.11 and the other provisions of this Agreement and the other Loan Documents). 
 6.15 Designation as Senior Debt. Designate all Obligations as “Designated Senior Indebtedness” under, and defined in, the Subordinated Debt Documents, the Senior 67/8% Notes due 2020 Indenture Documentation and all supplemental
indentures thereto. 
 6.16 Payment of Taxes. Pay and discharge all Taxes, assessments and governmental charges or levies
imposed upon it or upon its income or profits, or upon any properties belonging to it, in each case on a timely basis, and all lawful claims which, if unpaid, may reasonably be expected to become a Lien or charge upon any properties of any of the
Nexstar Entities not otherwise permitted under this Agreement; provided that none of the Nexstar Entities shall be required to pay any such Tax, assessment, charge, levy or claim which is being contested in good faith and by proper
proceedings if it has maintained adequate reserves with respect thereto in accordance with GAAP or which would not reasonably be expected to, individually or in the aggregate, constitute a Material Adverse Effect. 

  
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 ARTICLE VII 
 NEGATIVE COVENANTS 
 So long as (1) any Lender shall have any
Commitment hereunder or any Mission Lender shall have any Mission Commitment under the Mission Credit Agreement, (2) any Loan or other Obligation hereunder which is accrued and payable shall remain unpaid or unsatisfied or any Mission Loan or
other Mission Obligation under the Mission Loan Documents which is accrued and payable shall remain unpaid or unsatisfied, or (3) any Letter of Credit shall remain outstanding, the Parent Guarantors and the Borrower shall not, and shall not
permit any other Nexstar Entity or Mission Entity to, directly or indirectly: 
 7.01 Liens. Create, incur, assume or
suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than the following: 
 (a) Liens securing the Obligations and the Mission Obligations; 
 (b) Liens
existing on the Closing Date and set forth on Schedule 7.01(b); 
 (c) Liens of the Nexstar Entities for taxes,
assessments or other governmental charges not yet delinquent or which are being contested in good faith by appropriate proceedings; provided that the appropriate reserves required pursuant to GAAP have been made in respect thereof; 

(d) statutory or common law Liens of landlords, carriers, warehousemen, mechanics, materialmen, repairmen, construction contractors or
other like Liens of the Nexstar Entities arising in the ordinary course of business which secure amounts not overdue for a period of more than 60 days, or if more than 60 days, overdue, are unfiled (or if filed have been discharged or stayed) and no
other action has been taken to enforce such Liens or such Liens are being contested in good faith and by appropriate proceedings diligently conducted, if adequate reserves with respect thereto are maintained on the books of the applicable Nexstar
Entities to the extent required in accordance with GAAP; 
 (e) Liens encumbering property of the Nexstar Entities consisting of
(i) pledges or deposits in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other social security legislation, other than any Lien imposed by ERISA and (ii) pledges and deposits in
the ordinary course of business securing liability for reimbursement or indemnification obligations of (including obligations in respect of letters of credit or bank guarantees for the benefit of) insurance carriers providing property, casualty or
liability insurance to the Nexstar Entities; 
 (f) deposits to secure the performance and payment of bids, trade contracts,
governmental contracts, licenses and leases (other than Indebtedness for borrowed money), statutory obligations, surety, stay, customs and appeal bonds, completion guarantees, performance bonds and other obligations of a like nature (including those
to secure health, safety and environmental obligations) incurred in the ordinary course of business; 

  
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 (g) easements (including reciprocal easement agreements), rights-of-way, restrictions,
encroachments, protrusions and other similar encumbrances and minor title defects affecting real property and Permitted Encumbrances (i) described in Mortgage Policies or (ii) which, in the aggregate, are not substantial in amount, and
which do not in any case materially detract from the value of the property subject thereto or materially interfere with the ordinary conduct of the business of the applicable Nexstar Entity; 

(h) Liens of the Nexstar Entities securing judgments for the payment of money (or appeal or surety bonds relating to such judgments) not
constituting an Event of Default under Section 8.01(h); 
 (i) Liens of the Nexstar Entities securing Indebtedness
permitted under Section 7.02(f); provided that (i) such Liens attach concurrently with or within 270 days after the acquisition, construction, repair, replacement or improvement (as applicable) of the property subject to such
Liens, (ii) such Liens do not at any time encumber any property other than the property financed by such Indebtedness, replacements thereof and additions and accessions to such property and the proceeds and the products thereof and customary
security deposits, and (iii) with respect to Capitalized Leases, such Liens do not at any time extend to or cover any assets (except for additions and accessions to such assets, replacements and products thereof and customary security deposits)
other than the assets subject to such Capitalized Leases; provided further that individual financings of equipment provided by one lender may be cross collateralized to other financings of equipment provided by such lender; 

(j) leases, licenses, subleases or sublicenses and Liens on the property covered thereby (including real property and intellectual
property), in each case, granted to others by the Nexstar Entities in the ordinary course of business which do not (i) interfere in any material respect with the business of the Nexstar Entities taken as a whole, or (ii) secure any
Indebtedness; 
 (k) Liens of the Nexstar Entities (i) of a collection bank (including those arising under
Section 4-210 of the UCC) on the items in the course of collection or (ii) in favor of a banking or other financial institution arising as a matter of law encumbering deposits or other funds maintained with a financial institution
(including the right of set off) and which are within the general parameters customary in the banking industry that are not part of the perfected Collateral; 
 (l) Liens of the Nexstar Entities (i) on cash advances in favor of the seller of any property to be acquired in an Investment permitted pursuant to Section 7.03(j) or (n) to
be applied against the purchase price for such Investment and (ii) consisting of an agreement to Dispose of any property in a Disposition permitted (or that is required to be permitted as a condition to closing such Disposition) under
Section 7.05 (other than Section 7.05(e)), in each case, solely to the extent such Investment or Disposition, as the case may be, would have been permitted on the date of the creation of such Lien; 

(m) Liens in favor of a Nexstar Entity securing Indebtedness permitted under Section 7.02(d) (provided that, solely with
respect to Indebtedness required to be Subordinated Debt under Section 7.02(d), such Lien shall be expressly subordinated to the Liens on the Collateral securing the Obligations to the same extent); 

  
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 (n) Liens of the Nexstar Entities existing on property at the time of its acquisition or
existing on the property of any Person at the time such Person becomes a Restricted Subsidiary of the Borrower (other than by designation as a Restricted Subsidiary pursuant to Section 2.18), in each case after the date hereof and in
accordance with the terms of Section 7.02(g); provided that (i) such Lien was not created in contemplation of such acquisition or such Person becoming a Restricted Subsidiary, (ii) such Lien does not extend to or cover
any other assets or property (other than the proceeds or products thereof and other than after acquired property subjected to a Lien securing Indebtedness and other obligations incurred prior to such time and which Indebtedness and other obligations
are permitted hereunder that require, pursuant to their terms at such time, a pledge of after acquired property, it being understood that such requirement shall not be permitted to apply to any property to which such requirement would not have
applied but for such acquisition), and (iii) the Indebtedness secured thereby is permitted under Section 7.02(g); provided that the aggregate principal amount of Indebtedness of the Nexstar Entities and the Mission Entities
that is incurred pursuant to Section 7.02(g) and Section 7.02(g) of the Mission Credit Agreement that is secured by Liens pursuant to this Section 7.01(n) and pursuant to Section 7.01(n) of the Mission Credit
Agreement (including any modification, replacement, renewal or extension of any such Lien pursuant to Section 7.01(u) or Section 7.01(u) of the Mission Credit Agreement) shall not exceed $25,000,000 at any one time outstanding;

 (o) any interest or title of a lessor or sublessor under leases or subleases entered into by the Nexstar Entities in the
ordinary course of its business; 
 (p) Liens arising out of conditional sale, title retention, hire, purchase, consignment or
similar arrangements for sale of goods permitted hereunder entered into by a Nexstar Entity in the ordinary course of its business; 
 (q) Liens of the Nexstar Entities that are contractual rights of set off (i) relating to the establishment of depository relations with banks or other financial institutions not given in connection
with the incurrence of Indebtedness, (ii) relating to pooled deposit or sweep accounts of the Nexstar Entities to permit satisfaction of overdraft or similar obligations incurred in the ordinary course of business of such Person or
(iii) relating to purchase orders and other agreements of the Nexstar Entities entered into with customers of such Person in the ordinary course of its business; 
 (r) Liens of the Nexstar Entities arising from precautionary UCC financing statement filings that do not secure Indebtedness; 

(s) Liens of the Nexstar Entities on insurance policies and the proceeds thereof securing any financing of the premiums with respect
thereto permitted under the terms of this Agreement; 

  
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 (t) any zoning or similar law or right reserved to or vested in any Governmental Authority
to control or regulate the use of any real property of the Nexstar Entities that does not materially interfere with the ordinary conduct of the business of such Person; 
 (u) the modification, replacement, renewal or extension of any Lien permitted by clauses (b), (i) and (n) of this Section 7.01; provided that (i) the
Lien does not extend to any additional property other than (A) after acquired property that is affixed or incorporated into the property covered by such Lien, and (B) proceeds and products thereof, (ii) the renewal, extension or
refinancing of the obligations secured or benefited by such Liens is permitted by Section 7.02 and is not increased, and (iii) such Liens are not extended to secure any other obligations or Indebtedness; 

(v) Liens on assets or property of a Non-Loan Party securing Indebtedness of such Non-Loan Party permitted to be incurred by
Section 7.02; 
 (w) Liens solely on any cash earnest money deposits made by Nexstar Entities in connection with any
letter of intent or purchase agreement permitted hereunder; 
 (x) Liens of the Nexstar Entities securing Indebtedness permitted
to be incurred under Section 7.02(b), provided that, such Liens are subordinate to the Liens securing the Obligations on terms substantially similar to the subordination terms of the Senior Second Lien Notes Intercreditor Agreement;

 (y) other Liens of the Borrower and its Restricted Subsidiaries securing Indebtedness or other obligations in an aggregate
amount for the Nexstar Entities under this Section 7.01(y) and the Mission Entities under Section 7.01(y) of the Mission Credit Agreement at any time outstanding not to exceed $15,000,000; 

(z) Liens on equipment of the Borrower or any Restricted Subsidiary and located on the premises of any client or supplier in the ordinary
course of business; 
 (aa) any encumbrance or restriction (including put and call arrangements) with respect to Equity
Interests of any joint venture or similar arrangement pursuant to any joint venture or similar agreement, in each case only to the extent such encumbrances or restrictions do not secure Indebtedness; and 

(bb) so long as the Mission Credit Agreement has not been terminated, the Mission Entities may incur Liens permitted under the
terms of Section 7.01 of the Mission Credit Agreement. 
 7.02 Indebtedness. Create, incur, assume or suffer to
exist any Indebtedness, except: 
 (a) the Obligations and the Mission Obligations; 

(b) (i) second lien secured Indebtedness of the Borrower, so long as (A) after giving Pro Forma Effect to the incurrence
of such Indebtedness and any related Specified Transaction, no Default has occurred and is continuing, (B) the Consolidated Total Secured Debt Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such
Indebtedness 

  
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and any related Specified Transaction) is not greater than 5.50 to 1.00 as of the end of the most recent Test Period, (C) such Indebtedness has a final maturity date equal to or later than
180 days after the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Term B Loans, and (D) the terms and conditions of such Indebtedness reflect market
terms on the date of issuance; provided that such Indebtedness shall not contain covenants (including financial maintenance covenants), taken as a whole, that are materially tighter (or in addition to), with respect to the borrower of such
Indebtedness and its Restricted Subsidiaries, than those contained in this Agreement on the date of issuance with respect to the Nexstar Entities (except for covenants applicable only to the period after the Maturity Date of the Term B Loans)
(provided that a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the
material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement, shall be conclusive evidence
that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower within such five Business Day period that it disagrees with such determination (including a reasonable description of the basis
upon which it disagrees)); and (ii) any Permitted Refinancing thereof; 
 (c) obligations of the Borrower and its
Restricted Subsidiaries (contingent or otherwise) existing or arising under any Swap Contract, provided that such obligations are (or were) entered into by such Person for the purpose of directly mitigating risks associated with fluctuations
in interest rates or foreign exchange rates; 
 (d) Guarantee Obligations of the Nexstar Entities in respect of Indebtedness of
any Loan Party otherwise permitted hereunder (except that an Immaterial Subsidiary may not, by virtue of this Section 7.02(d), guarantee Indebtedness that such Immaterial Subsidiary could not otherwise incur under this
Section 7.02); provided that, if the Indebtedness being guaranteed is subordinated to the Obligations, such Guarantee Obligation shall be subordinated to the Guaranties of the Obligations on terms at least as favorable to the
Lenders as those contained in the subordination of such Indebtedness; 
 (e) Indebtedness of any Nexstar Entity owing to any
Nexstar Entity to the extent constituting an Investment permitted by Section 7.03 (other than Section 7.03(f)); provided that all such Indebtedness incurred following the Closing Date of any Loan Party or any
Restricted Subsidiary of a Loan Party owed to any Person that is not a Loan Party shall be subject to subordination terms reasonably satisfactory to the Administrative Agent; 
 (f) (i) Attributable Indebtedness and other Indebtedness (including Capitalized Leases) of the Nexstar Entities financing the acquisition, construction, repair, replacement or improvement of fixed or
capital assets (provided that such Indebtedness is incurred concurrently with or within 270 days after the applicable acquisition, construction, repair, replacement or improvement), (ii) Attributable Indebtedness arising out of
Permitted Sale Leasebacks, and (iii) any Indebtedness incurred to refinance the Indebtedness set forth in the immediately preceding clauses (i) and (ii) so long as the principal amount (or accreted value, if
applicable) thereof does not exceed the principal amount (or accreted value, if applicable) of the Indebtedness so refinanced except by an amount equal to unpaid accrued interest and premium 

  
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thereon plus other reasonable amounts paid, and fees and expenses reasonably incurred, in connection with such refinancing and by an amount equal to any existing commitments unutilized
thereunder, and as otherwise permitted under Section 7.02; provided that the aggregate principal amount of Indebtedness incurred by the Nexstar Entities under this Section 7.02(f) together with the aggregate principal
amount of Indebtedness incurred by the Mission Entities under Section 7.02(f) of the Mission Credit Agreement and any refinancing Indebtedness in respect of either thereof does not exceed the greater of (a) $25,000,000 and (b) 2.0% of
Total Assets at the time of incurrence thereof; 
 (g) (i) Indebtedness of the Nexstar Entities assumed in connection with
any Permitted Acquisition; provided that (A) such Indebtedness was not incurred in contemplation of such Permitted Acquisition, (B) the only obligors with respect to any Indebtedness incurred pursuant to this clause (g)
shall be those Persons who were obligors of such Indebtedness prior to such Permitted Acquisition (or in the case of a purchase of assets, the purchaser of such assets), and (C) both immediately before and immediately after giving Pro Forma
Effect to any such incurrence no Default shall have occurred and be continuing; provided that the aggregate principal amount of Indebtedness incurred by Non-Loan Parties under this Section 7.02(g) and Section 7.02(t),
and Section 7.02(g) and Section 7.02(t) of the Mission Credit Agreement, and any Permitted Refinancing Indebtedness in respect of any thereof does not exceed $25,000,000; and (ii) any Permitted Refinancing of Indebtedness permitted by
(and subject to the proviso of) the preceding clause (i); 
 (h) Indebtedness of the Nexstar Entities representing
deferred compensation to employees of the Nexstar Entities incurred in the ordinary course of business; 
 (i) Indebtedness of
the Nexstar Entities to the current or former officers, directors, partners, managers, consultants and employees, their respective estates, spouses or former spouses of the Nexstar Entities to finance the purchase or redemption of Equity Interests
of the Ultimate Parent, in each case as permitted by Section 7.09 in an aggregate amount under this Section 7.02(i) and under Section 7.02(i) of the Mission Credit Agreement not to exceed $10,000,000 at any one time
outstanding; 
 (j) Indebtedness incurred by the Nexstar Entities in a Permitted Acquisition, any other Investment expressly
permitted hereunder or any Disposition, in each case to the extent constituting indemnification obligations or obligations in respect of purchase price (including earn-outs) or other similar adjustments; 

(k) Indebtedness consisting of obligations of the Nexstar Entities under deferred compensation or other similar arrangements incurred by
such Person in connection with the Transaction and Permitted Acquisitions or any other Investment expressly permitted hereunder; 
 (l) Cash Management Obligations and other Indebtedness of the Nexstar Entities in respect of netting services, automatic clearinghouse arrangements, overdraft protections and similar arrangements in each
case in connection with deposit accounts incurred in the ordinary course; 

  
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 (m) Indebtedness of the Nexstar Entities consisting of (i) the financing of insurance
premiums or (ii) take-or-pay obligations contained in supply arrangements, in each case incurred in the ordinary course of business; 
 (n) Indebtedness incurred by the Nexstar Entities in respect of letters of credit, bank guarantees, banker’s acceptances, warehouse receipts or similar instruments issued or created 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; 
 (o) obligations of the Nexstar Entities in respect of performance, bid,
appeal and surety bonds and performance and completion guarantees and similar obligations provided by the Borrower or any Restricted Subsidiary or obligations in respect of letters of credit, bank guarantees or similar instruments related thereto,
in each case in the ordinary course of business or consistent with past practice; 
 (p) Indebtedness of the Nexstar Entities
supported by a Letter of Credit in a principal amount not to exceed the face amount of such Letter of Credit; 
 (q) other
unsecured Indebtedness of the Nexstar Entities, so long as immediately before and immediately after giving Pro Forma Effect to any such incurrence no Default shall have occurred and be continuing, provided, further, that
(i) the aggregate principal amount of such Indebtedness incurred by Restricted Subsidiaries that are not Guarantors together with the Mission Restricted Subsidiaries that are not Guarantors shall not exceed $25,000,000 in the aggregate at any
one time outstanding, (ii) such Indebtedness has a final maturity date equal to or later than 180 days after the final maturity date of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity
of, the Term B Loans, and (iii) the terms and conditions of such Indebtedness (excluding pricing and optional prepayment or redemption terms) reflect market terms on the date of issuance; provided that such Indebtedness shall not contain
covenants (including financial maintenance covenants), taken as a whole, that are materially tighter (or in addition to), with respect to the borrower of such Indebtedness and its Restricted Subsidiaries and any guarantor, than those contained in
this Agreement with respect to the Nexstar Entities on the date of issuance (except for covenants applicable only to the period after the Maturity Date of the Term B Loans); provided that a certificate of a Responsible Officer of the
Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the
documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement, shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement
unless the Administrative Agent notifies the Borrower within such five Business Day period that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees); 

(r) Indebtedness incurred by a Non-Loan Party, and guaranties thereof by any Non-Loan Party, in an aggregate principal amount for all
such Non-Loan Parties not to exceed the greater of (a) $8,500,000 and (b) 1.00% of the aggregate Total Assets of all such Non-Loan Parties at the time of incurrence; 

  
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 (s) Indebtedness existing on the Closing Date and listed on Schedule 7.02(s)
(the “Surviving Indebtedness”) and any Permitted Refinancing thereof; 
 (t) (i) unsecured Indebtedness
of the Nexstar Entities incurred to finance a Permitted Acquisition; provided that (A) immediately before and immediately after giving Pro Forma Effect to any such Permitted Acquisition, no Default shall have occurred and be continuing,
(B) after giving Pro Forma Effect to any such Permitted Acquisition and the incurrence of such Indebtedness and any related Specified Transaction, the Borrower is in compliance with the Consolidated First Lien Net Leverage Ratio and the
Consolidated Total Net Leverage Ratio Financial Covenants, in each case computed on a Pro Forma Basis as of the end of the most recent Test Period, (C) such Indebtedness has a final maturity date equal to or later than the final maturity date
of, and has a Weighted Average Life to Maturity equal to or greater than the Weighted Average Life to Maturity of, the Term B Loans, (D) the terms and conditions of such Indebtedness (excluding pricing and optional prepayment or redemption
terms) reflect market terms on the date of issuance; provided that such Indebtedness shall not contain covenants (including financial maintenance covenants), taken as a whole, that are materially tighter (or in addition to), with respect to
the borrower of such Indebtedness and its Restricted Subsidiaries and guarantors, than those contained in this Agreement on the date of issuance with respect to the Nexstar Entities (except for covenants applicable only to the period after the
Maturity Date of the Term B Loans) (provided that a certificate of a Responsible Officer of the Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a
reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing
requirement, shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement unless the Administrative Agent notifies the Borrower within such five Business Day period that it disagrees with such determination
(including a reasonable description of the basis upon which it disagrees)) and (E) the aggregate principal amount of Indebtedness that is incurred by Non-Loan Parties pursuant to this Section 7.02(t) and Section 7.02(g),
and Section 7.02(t) and Section 7.02(g) of the Mission Credit Agreement shall not exceed $25,000,000 at any one time outstanding; and (ii) any Permitted Refinancing thereof; 

(u) so long as immediately before and immediately after giving Pro Forma Effect to any such incurrence no Default shall have
occurred and be continuing, (i) subject to the terms of Section 2.05 with respect to the occurrence of a Repricing Transaction, unsecured or second Lien secured Indebtedness incurred by the Nexstar Entities to the extent that 100%
of the Net Cash Proceeds therefrom are, immediately after the receipt thereof, applied solely to the prepayment of Term Loans in accordance with Section 2.05(b)(iii); provided that (A) such Indebtedness shall not mature
earlier than the Maturity Date with respect to the relevant tranche of Term Loans being refinanced, (B) as of the date of the incurrence of such Indebtedness, the Weighted Average Life to Maturity of such Indebtedness shall not be shorter than
that of the remaining Term Loans being refinanced, (C) no Restricted Subsidiary is a borrower or guarantor with respect to such Indebtedness unless such Restricted Subsidiary is a Subsidiary Guarantor which shall have previously or
substantially concurrently guaranteed the Obligations pursuant to the 

  
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applicable Guaranty, (D) the other terms and conditions of such Indebtedness (excluding pricing and optional prepayment or redemption terms) reflect market terms on the date of issuance;
(E) with respect to the incurrence of second lien secured Indebtedness, a customary intercreditor agreement is entered into for the benefit of the Secured Parties and providing that such Liens securing such Indebtedness are second Liens and
subordinate to the Liens securing the Obligations for the benefit of the Secured Parties, (F) such Indebtedness shall not contain covenants (including financial maintenance covenants), taken as a whole, that are not materially tighter than (or
in addition to) those contained in this Agreement on the date of issuance (except for covenants applicable only to the period after the Maturity Date of the Term B Loans); provided that a certificate of a Responsible Officer of the
Borrower delivered to the Administrative Agent at least five Business Days prior to the incurrence of such Indebtedness, together with a reasonably detailed description of the material terms and conditions of such Indebtedness or drafts of the
documentation relating thereto, stating that the Borrower has determined in good faith that such terms and conditions satisfy the foregoing requirement, shall be conclusive evidence that such terms and conditions satisfy the foregoing requirement
unless the Administrative Agent notifies the Borrower within such five Business Day period that it disagrees with such determination (including a reasonable description of the basis upon which it disagrees) and (G) the Borrower has delivered to
the Administrative Agent a certificate of a Responsible Officer of the Borrower, together with all relevant financial information reasonably requested by the Administrative Agent, including reasonably detailed calculations demonstrating compliance
with clauses (A), (B), (C) and (D), and (ii) any Permitted Refinancing thereof; 

(v) Guarantee Obligations of the Nexstar Entities in connection with the provision of credit card payment processing services for the
Nexstar Entities; 
 (w) all premiums (if any), interest (including post-petition interest), fees, expenses, charges and
additional or contingent interest on obligations described in clauses (a) through (v) above; 
 (x)
customer deposits and advance payments received in the ordinary course of business from customers for goods or services purchased in the ordinary course of business; 
 (y) unsecured Indebtedness consisting of promissory notes issued by the Nexstar Entities to any current or former employee, director or consultant of the Nexstar Entities (or permitted transferees,
assigns, estates, or heirs of such employee, director or consultant), to finance the purchase or redemption of Equity Interests of the Ultimate Parent that is permitted by Section 7.09; 

(z) Indebtedness in an aggregate outstanding principal amount which, when taken together with (i) any refinancing Indebtedness in
respect thereof, (ii) the principal amount of all other Indebtedness incurred pursuant to this clause (z) and then outstanding, (iii) all Indebtedness of the Mission Entities incurred pursuant to Section 7.02(z) of the Mission
Credit Agreement and then outstanding, and (iv) all refinancing Indebtedness in respect of Indebtedness described in clause (iii) preceding, (in each case, without duplication) will not exceed $30,000,000 in the aggregate outstanding at
any time; 
 (aa) Management Advances; 

  
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 (bb) unsecured Subordinated Debt, or unsecured Guarantee Obligations of Subordinated Debt,
in each case of the Ultimate Parent; provided that any such Guarantee Obligations shall be subordinated to the Obligations and the Mission Obligations to the same extent and on the same terms as the Indebtedness so guaranteed is subordinated
to the Obligations and the Mission Obligations; and 
 (cc) so long as the Mission Credit Agreement has not been
terminated, the Mission Entities may incur Indebtedness permitted under the terms of Section 7.02 of the Mission Credit Agreement. 
 For purposes of determining compliance with this Section 7.02, in the event that an item of Indebtedness meets the criteria of more than one of the categories of Indebtedness described in
clauses (a) through (v) above, the Borrower may, in its sole discretion, divide, classify and reclassify or later divide, classify or reclassify such item of Indebtedness (or any portion thereof) in one or more of the above
clauses; provided that all Obligations and other Indebtedness outstanding under the Loan Documents will be deemed to have been incurred in reliance only on the exception in clause (a) of this Section 7.02. 

The accrual of interest, the accretion of accreted value and the payment of interest in the form of additional Indebtedness shall not be
deemed to be an incurrence of Indebtedness for purposes of this Section 7.02. 
 7.03 Investments. Make any
Investments, except: 
 (a) Investments by the Nexstar Entities in assets that were Cash Equivalents when such Investment was
made; 
 (b) Management Advances; 
 (c) asset purchases of the Borrower and its Restricted Subsidiaries (including purchases of inventory, supplies, materials and equipment) and the licensing, leasing or contribution of intellectual
property pursuant to joint marketing or other arrangements with other Persons, in each case in the ordinary course of business; 

(d) Investments (i) by any Nexstar Entity in the Borrower or any Loan Party that is a Subsidiary of the Ultimate Parent,
(ii) by any Subsidiary of the Ultimate Parent in the Borrower or any Loan Party that is a Subsidiary of the Ultimate Parent and (iii) by any Non-Loan Party in any other Non-Loan Party that is a Subsidiary of the Ultimate Parent;

 (e) Investments of the Borrower and its Restricted Subsidiaries 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 to the extent reasonably necessary in order to prevent or limit loss; 

  
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 (f) Investments of the Nexstar Entities consisting of Liens, Indebtedness, fundamental
changes, Dispositions, redemptions and Restricted Payments permitted under Section 7.01, Section 7.02 (other than Section 7.02(e)), Section 7.04 (other than Section 7.04(e)),
Section 7.05 (other than Sections 7.05(d)(ii), (e) and (t)), Section 7.06 and Section 7.09 (other than Section 7.09(c)), respectively; provided, however,
that no Investments may be made solely pursuant to this Section 7.03(f); 
 (g) Investments existing on the Closing
Date and set forth on Schedule 7.03(g) and Investments consisting of any modification, replacement, renewal, reinvestment or extension of any Investment existing on the Closing Date; provided that the amount of any Investment
permitted pursuant to this Section 7.03(g) is not increased from the amount of such Investment on the Closing Date except pursuant to the terms of such Investment as of the Closing Date or as otherwise permitted by this
Section 7.03; 
 (h) Investments of the Nexstar Entities in Swap Contracts permitted under
Section 7.02(c); 
 (i) promissory notes and other non-cash consideration received by the Borrower and its
Restricted Subsidiaries in connection with Dispositions permitted by Section 7.05 (other than Sections 7.05(d)(ii), (e) and (q)); 
 (j) (i) the purchase or other acquisition by the Borrower or a Wholly-Owned Domestic Subsidiary of the Borrower that is a Guarantor of (A) 100% of the Equity Interests of any Person primarily
engaged in the Television Broadcasting Business, (B) a television broadcasting station and all related necessary assets to operate such television broadcasting station or (C) all or substantially all of the Television Broadcasting Business
assets of another Person, or any Television Broadcasting Business or division of another Person, or (ii) a Shared Services Party Acquisition; provided that (1) immediately before and immediately after giving Pro Forma Effect to the
consummation of any such purchase or other acquisition, no Default shall have occurred and be continuing, (2) after giving Pro Forma Effect to any such purchase or other acquisition and the incurrence and repayment of any Indebtedness in
connection therewith, the Borrower shall be in compliance with each of the Consolidated Total Net Leverage Ratio and the Consolidated First Lien Net Leverage Ratio Financial Covenants as of the end of the most recent Test Period, (3) after
giving effect to such acquisition, the Borrower shall be in compliance with Sections 6.11 and 6.14, to the extent applicable (within the time periods specified therein) and Section 7.11, (4) all FCC Licenses
acquired in connection with any such acquisition shall be acquired by the Borrower or a domestic Wholly-Owned Restricted Subsidiary of the Borrower, the Equity Interests of which are pledged to secure the Obligations pursuant to
Section 6.11, (5) all FCC Licenses acquired in connection with any such Shared Services Party Acquisition shall be acquired by the Shared Services Party, and (6) if the aggregate purchase price paid or guaranteed by the Nexstar
Entities and the Mission Entities for such acquisition exceeds $35,000,000 (in one or more series of transactions), the Borrower shall provide the Administrative Agent prior to the consummation of such acquisition (or thereafter to the extent
acceptable to the Administrative Agent) with a certificate of a Responsible Officer of the Borrower certifying as to the conditions specified in clauses (1) and (2) above, together with such additional financial information as shall be
reasonably requested by the Administrative Agent; provided further that, notwithstanding clause (i)(A) preceding, the Nexstar Entities may acquire non-wholly-owned Equity Interests under this clause (j) so long as
(I) such Nexstar Entity acquires not less than 80% of all such Equity Interests in such target Person, (II) such 

  
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Nexstar Entity is complying with every other provision of this subsection (j), (III) the aggregate consideration for all such non-wholly-owned acquisitions of Equity Interests over the
term of this Agreement under this clause (j) when added together with the aggregate consideration for all such non-wholly-owned acquisitions of Equity Interests by the Mission Entities under clause (j) of Section 7.03 of the Mission
Credit Agreement does not exceed $50,000,000 and (IV) such acquired Person executes the appropriate Guaranties to Guarantee the Obligations and the Mission Obligations, and pledges its assets and properties to secure the Obligations and Mission
Obligations, in each case as if such Person was a Wholly-Owned Restricted Subsidiary; 
 (k) the Transaction; 

(l) Investments of the Borrower and its Restricted Subsidiaries in the ordinary course of business consisting of endorsements for
collection or deposit and customary trade arrangements with customers consistent with past practices; 
 (m) Investments of the
Borrower and its Restricted Subsidiaries (including debt obligations and Equity Interests) received in connection with the bankruptcy or reorganization of suppliers and customers or in settlement of delinquent obligations of, or other disputes with,
customers and suppliers arising in the ordinary course of business or upon foreclosure in connection with any secured Investment or other transfer of title with respect to any secured Investment or in satisfaction of judgments or pursuant to any
plan of reorganization; 
 (n) Investments by the Nexstar Entities valued at cost at the time each such Investment is
made and including all related commitments for future Investments, in an amount not exceeding the Available Amount; provided that (i) at the time of any such Investment, no Default shall have occurred and be continuing or would result
therefrom and (ii) with respect to any such Investment in an amount in excess of $15,000,000 (in one or more series of transactions related to any such Investment), the Borrower has delivered to the Administrative Agent a certificate of a
Responsible Officer of the Borrower, together with all relevant financial information reasonably requested by the Administrative Agent, demonstrating the calculation of the Available Amount; 

(o) advances by the Nexstar Entities of payroll payments to employees in the ordinary course of its business; 

(p) so long as immediately before and immediately after giving Pro Forma Effect to any such transaction, no Default shall
have occurred and be continuing, Investments held by a Restricted Subsidiary acquired after the Closing Date or of a corporation merged into the Borrower, or merged or consolidated with a Restricted Subsidiary in accordance with
Section 7.04 after the Closing Date to the extent that such Investments 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; 
 (q) Guarantee Obligations of the Nexstar Entities in respect of leases of the Loan Parties (other than
Capitalized Leases) or of other obligations of the Loan Parties that do not constitute Indebtedness; 

  
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 (r) Investments of the Nexstar Entities to the extent that payment for such Investments is
made solely with Qualified Equity Interests of the Ultimate Parent (except to the extent the proceeds of any such Qualified Equity Interests are used for a Specified Equity Contribution); 

(s) Guarantee Obligations of the Nexstar Entities in connection with the provision of credit card payment processing services in the
ordinary course of business; 
 (t) pledges or deposits with respect to leases or utilities provided to third parties in the
ordinary course of business; 
 (u) Investments consisting of earnest money deposits required in connection with a purchase
agreement, or letter of intent, or other acquisition, in each case only to the extent the underlying transaction is permitted by this Section; 
 (v) Investments of the Borrower and its Restricted Subsidiaries to the extent acquired in connection with Permitted Asset Swaps under Section 7.05(m); 

(w) so long as immediately before and immediately after giving Pro Forma Effect to any such Investment and the transactions
related thereto, no Default shall have occurred and be continuing, Investments by the Nexstar Entities which, when added together with all other Investments made under this clause (w) and all Investments made by the Mission Entities under
Section 7.03(w) of the Mission Credit Agreement, do not exceed $20,000,000; 
 (x) so long as (i) Sharing
Arrangements between the Mission Entities and the Borrower or one or more Restricted Subsidiaries of the Borrower, covering all of the Mission Stations, are in full force and effect, (ii) the Mission Credit Agreement has not been terminated,
(iii) all Collateral and Mission Collateral secures both the Obligations and the Mission Obligations, and (iv) such acquisitions are permitted under applicable Law, including the Communications Laws, acquisitions by the Borrower and its
Restricted Subsidiaries of any assets of any Mission Entity; and 
 (y) so long as the Mission Credit Agreement has not
been terminated, the Mission Entities may make Investments permitted by Section 7.03 of the Mission Credit Agreement. 

For purposes of determining compliance with this Section 7.03, in the event that an Investment meets the criteria of more
than one of the categories of Investments described in clauses (a) through (v) above, the Borrower may, in its sole discretion, divide, classify and, except with respect to any Investment made under
Section 7.03(n), reclassify such Investment (or any portion thereof) in one or more of the above clauses. 
 The
accrual of interest, the accretion of accreted value and the payment of interest in the form of additional Indebtedness shall not be deemed to be an Investment for purposes of this Section 7.03. 

  
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 7.04 Fundamental Changes. Merge, dissolve, liquidate, consolidate with or into
another Person, or Dispose of (whether in one transaction or in a series of transactions) all or substantially all of its assets (whether now owned or hereafter acquired) to or in favor of any Person, except that: 

(a) any Restricted Subsidiary may merge with (i) the Borrower, provided that the Borrower shall be the continuing or surviving
Person, or (ii) any one or more other Restricted Subsidiaries, provided that when any Restricted Subsidiary that is a Loan Party is merging with another Restricted Subsidiary, such Loan Party that is a Subsidiary of the Ultimate Parent
shall be the continuing or surviving Person; 
 (b) (i) any Restricted Subsidiary that is not a Loan Party may merge or
consolidate with or into any other Restricted Subsidiary that is not a Loan Party, and (ii) any Subsidiary of the Borrower may liquidate or dissolve and, any Restricted Subsidiary may change its legal form, in each case, only to the extent
permitted by the Indenture Documentation and only so long as (A) the Lien on or security interest in any Collateral held by it under the Loan Documents shall remain in effect to the same extent as immediately prior to such change, and
(B) with respect to any change in legal form, the Guarantee of the Obligations by such Restricted Subsidiary shall remain in effect to the same extent as immediately prior to such change; 

(c) any Restricted Subsidiary may Dispose of all or substantially all of its assets (upon voluntary liquidation or otherwise) to another
Restricted Subsidiary; provided that if the transferor in such a transaction is a Loan Party, then (i) the transferee must be a Loan Party that is a Subsidiary of the Ultimate Parent or (ii) to the extent constituting an Investment,
such Investment must be a permitted Investment in or Indebtedness of a Restricted Subsidiary which is not a Loan Party in accordance with Section 7.03 (other than Section 7.02 and Section 7.03(f)), respectively;

 (d) the Borrower may merge with any other Person; provided that the Borrower shall be the continuing or surviving
corporation; 
 (e) any Restricted Subsidiary may merge with any other Person in order to effect an Investment permitted
pursuant to Section 7.03 (other than Section 7.03(f)); provided that the continuing or surviving Person shall be a Restricted Subsidiary, which together with each of its Restricted Subsidiaries, shall have complied
with the requirements of Section 6.11; 
 (f) a merger, dissolution, liquidation, consolidation or Disposition, the
purpose of which is to effect a Disposition permitted pursuant to Section 7.05 (other than Section 7.05(e)), may be effected; 
 (g) a merger or consolidation of the Intermediate Parent into Ultimate Parent or Borrower, in each case, only to the extent permitted by the Indenture Documentation and only so long as (i) the
Lien on or security interest in any Collateral held by it under the Loan Documents shall remain in effect to the same extent as immediately prior to such change, and (ii) with respect to any change in legal form, the Guarantee of the
Obligations by such Person shall remain in effect to the same extent as immediately prior to such change; 
 (h) so long
as the Mission Credit Agreement has not been terminated, the Mission Entities may enter into transactions permitted under the terms of Section 7.04 of the Mission Credit Agreement. 

  
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 7.05 Dispositions. Make any Disposition, except: 

(a) Dispositions by the Nexstar Entities of (i) obsolete, worn out or surplus property, whether now owned or hereafter acquired, in
the ordinary course of business, (ii) property no longer used or useful in the conduct of the business of the Nexstar Entities and (iii) motor vehicles in the ordinary course of business; 

(b) Dispositions by (i) the Borrower and its Subsidiaries of inventory in the ordinary course of business and (ii) the Nexstar
Entities or immaterial assets in the ordinary course of business; 
 (c) Dispositions by the Nexstar Entities of equipment or
real property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property that is promptly purchased or (ii) the proceeds of such Disposition are reasonably promptly applied to
the purchase price of such replacement property (which replacement property is actually promptly purchased); 
 (d) Dispositions
by the Nexstar Entities of property to the Borrower or a Restricted Subsidiary; provided that if the transferor of such property is a Nexstar Entity (i) the transferee thereof must be a Loan Party that is a Subsidiary of the Ultimate
Parent or (ii) to the extent such transaction constitutes an Investment, such transaction is permitted under Section 7.03 (other than Section 7.03f)); 

(e) Dispositions permitted by Section 7.03 (other than Section 7.03(f)), Section 7.04 (other than
Section 7.04(f)) and Section 7.09 and Liens permitted by Section 7.01 (other than Section 7.01(l)); 
 (f) Dispositions by the Nexstar Entities in the ordinary course of business of Cash Equivalents; 
 (g) leases, subleases, licenses or sublicenses of the Nexstar Entities, in each case in the ordinary course of business and which do not materially interfere with the business of the Nexstar Entities,
taken as a whole; 
 (h) transfers of property of the Nexstar Entities subject to Casualty Events upon receipt of the Net Cash
Proceeds of such Casualty Event; 
 (i) Dispositions of Investments in joint ventures by the Nexstar Entities 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; 
 (j) Dispositions by the Nexstar Entities of accounts receivable in the ordinary course of business in connection with the collection or compromise thereof; 

(k) the unwinding of any Swap Contract of the Nexstar Entities pursuant to its terms; 

  
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 (l) so long as immediately before and immediately after giving Pro Forma Effect to
any such transaction no Default shall have occurred and be continuing, Permitted Sale Leasebacks; 
 (m) Dispositions by the
Borrower and its Restricted Subsidiaries of a broadcasting asset or 100% of the Equity Interests of a Restricted Subsidiary owning a broadcasting asset provided that such Disposition is made together with a concurrent sale and purchase of, or
exchange for, a broadcasting asset (or 100% of the Equity Interests of a Restricted Subsidiary owning a broadcasting asset) of another Person (an “Asset Swap”), in each case so long as (i) immediately before and
immediately after giving Pro Forma Effect to any such Disposition, no Default shall have occurred and be continuing, (ii) the EBITDA Percentage attributable to such assets Disposed of in connection with such Asset Swap together with the EBITDA
Percentage attributable to all other such assets Disposed of by the Nexstar Entities and the Mission Entities in connection with Asset Swaps and Mission Asset Swaps consummated during the immediately preceding 12-month period, shall not exceed 25%,
(iii) the EBITDA Percentage attributable to such assets Disposed of in connection with such Asset Swap together with the EBITDA Percentage attributable to all other assets disposed of by the Nexstar Entities and the Mission Entities in
connection with Asset Swaps and Mission Asset Swaps consummated during the term of this Agreement shall not exceed 50%, (iv) all FCC Licenses acquired in connection with any such Asset Swap will be acquired by the Borrower or a domestic
Wholly-Owned Restricted Subsidiary of the Borrower which is a Guarantor and the Equity Interests of which are pledged to secure the Obligations pursuant to Section 6.11, (v) after giving effect to such Asset Swap, the Borrower shall
be in compliance with Sections 6.11 and 6.14 (within the time period specified therein) to the extent applicable, and Section 7.11, and (vi) if the asset value of such Asset Swap exceeds $35,000,000, the Borrower
shall provide the Administrative Agent prior to the consummation of such Asset Swap (or thereafter to the extent acceptable to the Administrative Agent) with a certificate of a Responsible Officer of the Borrower certifying as to the requirements of
clause (i), (ii) and (iii) above, together with such additional financial information as shall be reasonably requested by the Administrative Agent; 
 (n) Dispositions by the Nexstar Entities not otherwise permitted pursuant to this Section 7.05; provided that (i) immediately before and immediately after giving Pro Forma Effect
to any such Disposition, no Default shall have occurred and be continuing, (ii) such Disposition shall be for fair market value as reasonably determined by the Borrower or the applicable Restricted Subsidiary in good faith based on sales
of similar assets, if available, (iii) the Borrower or the applicable Nexstar Entity complies with the applicable provisions of Section 2.05, (iv) the EBITDA Percentage attributable to such assets to be Disposed of together
with the EBITDA Percentage attributable to all other such assets sold or exchanged by the Nexstar Entities and the Mission Entities during the immediately preceding 12-month period shall not exceed 10%, (v) the EBITDA Percentage attributable to
all assets sold or exchanged by the Nexstar Entities and the Mission Entities during the term of this Agreement shall not exceed 25%; and (vi) with respect to any Disposition pursuant to this clause (n) for a purchase price in
excess of $5,000,000, the Borrower or a Restricted Subsidiary shall receive not less than 75% of such consideration in the form of cash or Cash Equivalents; provided, however, that for the purposes of this clause (vi),
(A) any liabilities (as shown on the most recent balance sheet of the Borrower provided hereunder or in the footnotes thereto) of the Nexstar Entities, other than liabilities that are by their terms subordinated in right of payment to the
Obligations under the 

  
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Loan Documents, that are assumed by the transferee with respect to the applicable Disposition and for which the Nexstar Entities shall have been validly released by all applicable creditors in
writing, shall be deemed to be cash, (B) any securities received by the Nexstar Entities from such transferee that are converted by the Borrower or such Restricted Subsidiary into cash or Cash Equivalents (to the extent of the cash or Cash
Equivalents received) within 180 days following the closing of the applicable Disposition, shall be deemed to be cash and (C) any Designated Non-Cash Consideration received by the Nexstar Entities in respect of such Disposition having an
aggregate fair market value, taken together with all other Designated Non-Cash Consideration received pursuant to this clause (n) and pursuant to Section 7.05(n) of the Mission Credit Agreement that is at the time outstanding, not in
excess of $10,000,000 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, shall be deemed to be cash; 
 (o) the sale by the Borrower of (i) the assets that comprise or consist of
the KBTV station, the FOX and Bounce TV affiliate in Beaumont-Port Arthur, Texas and (ii) the real property that currently houses the operations of the WPTY station, the ABC affiliate in Memphis, Tennessee, and the WLMT station, the CW
affiliate in Memphis, Tennessee, in any case to an unaffiliated third-party for fair market value and on market terms; 
 (p)
the abandonment or other Disposition of intellectual property by the Nexstar Entities in the ordinary course of business or which are reasonably determined by the Borrower, in good faith, to be no longer material to its business; 

(q) any forgiveness, writeoff or writedown of any intercompany obligations; provided that any forgiveness of obligations owing by
a Non-Loan Party shall not result in additional ability to make Investments in Non-Loan Parties in the amount of such forgiven obligations; 
 (r) any disposition of Equity Interests in an Unrestricted Subsidiary; 
 (s) any
surrender or waiver of contract rights or the settlement, release or surrender of contract, tort or other claims of any kind; 

(t) condemnation or any similar action by a Governmental Authority with respect to any property or other assets, or foreclosure in
connection with any Lien permitted to exist under Section 7.01; and 
 (u) so long as the Mission Credit
Agreement has not been terminated, the Mission Entities may make Dispositions permitted under the terms of Section 7.05 of the Mission Credit Agreement. 
 To the extent any Collateral is Disposed of as expressly permitted by this Section 7.05 to any Person other than the Borrower or any Guarantor, such Collateral shall be sold free and clear of
the Liens created by the Loan Documents and, if requested by the Administrative Agent, upon the certification by the Borrower that such Disposition is expressly permitted by this Agreement, the Administrative Agent or the Collateral Agent, as
applicable, shall be authorized to take and shall take any actions deemed appropriate in order to effect the foregoing. 

  
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 7.06 Prepayments, Etc. of Indebtedness; Amendments. 

(a) Prepay, redeem, purchase, defease or otherwise satisfy prior to the scheduled maturity thereof in any manner
(i) Indebtedness incurred pursuant to Sections 7.02(b), (q), (t) or (u) or (ii) the Senior Second Lien Notes, the Senior 67/8% Notes due 2020 or any Subordinated Debt (it being understood that payments of regularly scheduled interest and
mandatory prepayments under Indebtedness incurred pursuant to Sections 7.02(b), (q), (t) or (u), such Senior Second Lien Notes, such Senior 67/8% Notes due 2020 or such Subordinated Debt Documents shall be permitted), except for 

(i) the refinancing thereof with the Net Cash Proceeds of any Indebtedness (to the extent such Indebtedness constitutes a
Permitted Refinancing); 
 (ii) the conversion thereof to Equity Interests (other than Disqualified Equity
Interests) of the Ultimate Parent; 
 (iii) prepayments, redemptions, purchases, defeasances and other payments
thereof prior to their scheduled maturity in an aggregate amount not to exceed the Available Amount; provided that (A) at the time of any such payment, no Event of Default shall have occurred and be continuing or would result therefrom
and (B) in the case of any such payment in an amount in excess of $15,000,000, the Borrower has delivered to the Administrative Agent a certificate of a Responsible Officer of the Borrower, together with all relevant financial information
reasonably requested by the Administrative Agent, demonstrating the calculation of the Available Amount; and 

(iv) prepayments, redemptions, purchases, defeasances and other payments thereof on the Senior Second Lien Notes prior to
their scheduled maturity solely with the proceeds of cash on hand, Borrowings under the Revolving Credit Facility and/or an Incremental Facility; provided that (A) at the time of any such payment, no Default shall have occurred and be
continuing or would result therefrom and (B) the Borrower has delivered to the Administrative Agent a certificate of a Responsible Officer of the Borrower, together with all relevant financial information reasonably requested by the
Administrative Agent, demonstrating that the Consolidated First Lien Net Leverage Ratio (calculated on a Pro Forma Basis after giving effect to the incurrence of such indebtedness under the Revolving Credit Facility or under any Incremental Facility
and any related Specified Transaction) is not greater than 3.00 to 1.00 as of the end of the most recent Test Period; 
 (b)
amend, modify or change any term or condition of 
 (i) any Subordinated Debt Documents or any Indenture
Documentation (except in connection with a Permitted Refinancing) in any manner resulting in terms which, if any such terms existed on the date of issuance, the terms of this Agreement would not have permitted the issuance of such Subordinated Debt
or such public debt hereunder, as applicable, 
 (ii) the Senior Second Lien Notes Indenture Documentation in any
manner (A) not permitted by the Senior Second Lien Notes Intercreditor Agreement or (B) resulting in terms which would not be permitted in a Permitted Refinancing of such Indebtedness, or 

  
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 (iii) the Senior 67/8% Notes due 2020 Indenture Documentation in any manner resulting in
terms which would not be permitted in a Permitted Refinancing of such Indebtedness; and 
 (c) so long as the Mission
Credit Agreement has not been terminated, the Mission Entities may make prepayments permitted under the terms of Section 7.06 of the Mission Credit Agreement. 
 7.07 Use of Proceeds. Use the proceeds of any Credit Extension, whether directly or indirectly, and whether immediately, incidentally or ultimately, to purchase or carry margin stock (within the
meaning of Regulation U of the FRB) or to extend credit to others for the purpose of purchasing or carrying margin stock or to refund indebtedness originally incurred for such purpose. 

7.08 Transactions with Affiliates. Enter into or conduct any transaction or any series of transactions, directly or indirectly, of
any kind (including the purchase, sale, lease or exchange of any property or the rendering of any service) with any Affiliate of any Nexstar Entity or Mission Entity, whether or not in the ordinary course of business (an “Affiliate
Transaction”), involving aggregate value in excess of $5,000,000 unless: 
 (1) the terms of such
Affiliate Transaction taken as a whole are not materially less favorable to such Nexstar Entity, as the case may be, than those that could be obtained in a comparable transaction at the time of such transaction or the execution of the agreement
providing for such transaction in arm’s length dealings with a Person who is not such an Affiliate; and 

(2) in the event such Affiliate Transaction involves an aggregate value in excess of $10,000,000, the terms of such
transaction have been approved by a majority of the members of the Board of Directors. 
 Any Affiliate Transaction shall be
deemed to have satisfied the requirements set forth in clause (2) of this paragraph if such Affiliate Transaction is approved by a majority of the Disinterested Directors, if any. 
 The provisions of the preceding paragraph will not apply to: 
 (a) any transaction
between or among the Borrower and any Restricted Subsidiary (or entity that becomes a Restricted Subsidiary as a result of such transaction), or between or among Restricted Subsidiaries; 

(b) transactions on terms not less favorable to a Nexstar Entity as would be obtainable by such Nexstar Entity at the time in a
comparable arm’s-length transaction with a Person other than an Affiliate; 
 (c) the Transaction and the payment of fees
and expenses related to the Transaction; 

  
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 (d) the issuance by the Ultimate Parent of Equity Interests; 

(e) equity issuances, repurchases, redemptions, retirements or other acquisitions or retirements of Equity Interests by the Nexstar
Entities, but only to the extent specifically permitted under this Article VII; 
 (f) loans, Investments and other
transactions by and among the Nexstar Entities, and joint ventures, but only to the extent specifically permitted under this Article VII; 
 (g) employment and severance arrangements between the Nexstar Entities and their respective officers and employees, in each case in the ordinary course of business as determined in good faith by the board
of directors or senior management of the relevant Person and transactions pursuant to stock option plans and employee benefit plans and arrangements; 
 (h) payments by the Nexstar Entities pursuant to the tax sharing agreements among the Nexstar Entities disclosed on Schedule 7.08 and in each case on customary terms to the extent attributable
to the ownership or operation of the Nexstar Entities; 
 (i) the payment by the Nexstar Entities of compensation, customary
fees and reasonable out-of-pocket costs to, and indemnities (including under customary insurance policies) and employee benefit and pension expenses provided on behalf of, directors, officers, employees and consultants of the Nexstar Entities in the
ordinary course of business to the extent attributable to the ownership or operation of the Nexstar Entities; 
 (j)
transactions of the Nexstar Entities pursuant to permitted agreements in existence on the Closing Date and set forth on Schedule 7.08 or any amendment thereto to the extent such an amendment is not adverse to the Lenders in any material
respect; 
 (k) Restricted Payments by the Nexstar Entities to the extent permitted under Section 7.09; 

(l) any purchases by the Borrower’s Affiliates of Indebtedness or Disqualified Equity Interests of the Nexstar Entities the majority
of which Indebtedness or Disqualified Equity Interest is purchased by Persons who are not Affiliates of any Nexstar Entity or Mission Entity; provided that such purchases by the Borrower’s Affiliates are permitted under the terms of this
Agreement and are on the same terms as such purchases by such Persons who are not Affiliates of any Nexstar Entity or any Mission Entity; 
 (m) so long as (i) Sharing Arrangements between the Mission Entities and the Borrower or one or more Restricted Subsidiaries of the Borrower, covering all of the Mission Stations, are in full
force and effect, (ii) the Mission Credit Agreement has not been terminated, (iii) all Collateral and Mission Collateral secures both the Obligations and the Mission Obligations, and (iv) such acquisitions are permitted under
applicable Law, including the Communications Laws, transactions among the Nexstar Entities and the Mission Entities; 
 (n)
Management Advances; and 

  
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 (o) so long as the Mission Credit Agreement has not been terminated, the Mission
Entities may enter into transactions permitted under the terms of Section 7.08 of the Mission Credit Agreement. 
 7.09
Restricted Payments. Declare or make, directly or indirectly, any Restricted Payment, except that: 
 (a) each
Restricted Subsidiary may make Restricted Payments to the Borrower and to other Restricted Subsidiaries (and, in the case of a Restricted Payment by a non-Wholly-Owned Restricted Subsidiary, to the Borrower and any other Restricted Subsidiary and to
each other owner of Equity Interests of such Restricted Subsidiary based on their relative ownership interests of the relevant class of Equity Interests); 
 (b) the Ultimate Parent may declare and make Restricted Payments; 
 (c) to the
extent constituting Restricted Payments, the Borrower and its Restricted Subsidiaries may enter into and consummate transactions expressly permitted by any provision of Section 7.03 (other than Section 7.03(f)) or
Section 7.04 respectively; provided, however, that no such Restricted Payment may be made solely pursuant to the terms of this Section 7.09(c); 

(d) payment made directly in connection with, or to effectuate, the Transactions, and the fees and expenses related thereto; 

(e) the Nexstar Entities may, in good faith, pay (or make Restricted Payments to allow any direct or indirect parent thereof to pay) for
the repurchase, retirement or other acquisition or retirement for value of Equity Interests of the Ultimate Parent held by any future, present or former employee, director, officer or consultant (or any Affiliates, spouses, former spouses, other
immediate family members, successors, executors, administrators, heirs, legatees or distributees of any of the foregoing) of any Nexstar Entity pursuant to any employee, management or director equity plan, employee, management or director stock
option plan or any other employee, management or director benefit plan or any agreement (including any stock subscription or shareholder agreement) with any employee, director, officer or consultant of a Nexstar Entity; provided that such
payments under this Section 7.09(e) together with payments made under Section 7.09(e) of the Mission Credit Agreement do not exceed $5,000,000 in the aggregate in any fiscal year; provided that any unused portion of the
preceding basket for any calendar year may be carried forward to succeeding calendar years, so long as the aggregate amount of all Restricted Payments made pursuant to this Section 7.09(e) and Section 7.09(e) of the Mission
Credit Agreement in any calendar year (after giving effect to such carry forward) shall not exceed $10,000,000; 
 (f) netting
of shares under stock option plans of the Ultimate Parent to settle option price payments owed to employees and officers of the Nexstar Entities with respect thereto, and netting of shares to settle such employees’ and officers’ federal,
state and income tax liabilities (if any) related to restricted stock units and similar stock based awards thereunder; 
 (g)
the Borrower or any Restricted Subsidiary may pay any dividend or distribution within 60 days after the date of declaration thereof, if on the date of declaration such payment complied with, and was permitted to be made by, another provision of this
Section 7.09; 

  
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 (h) the Nexstar Entities may (i) pay cash in lieu of fractional Equity Interests in
connection with any dividend, split or combination thereof or in connection with any Permitted Acquisition and (ii) honor any conversion request by a holder of convertible Indebtedness and make cash payments in lieu of fractional shares in
connection with any such conversion and may make payments on convertible Indebtedness in accordance with its terms so long as such convertible Indebtedness was permitted to be issued under Section 7.02; 

(i) the Nexstar Entities may declare and make dividend payments to or other distributions payable in Qualified Equity Interests of the
Ultimate Parent; 
 (j) so long as immediately before and immediately after giving Pro Forma Effect to any such
Restricted Payment no Default shall have occurred and be continuing, the Intermediate Parent, the Borrower and the Restricted Subsidiaries may make additional Restricted Payments in an amount in the aggregate not to exceed the Available Amount;
provided that in the case of any such Restricted Payment in an amount in excess of $15,000,000, the Borrower has delivered to the Administrative Agent a certificate of a Responsible Officer of the Borrower, together with all relevant
financial information reasonably requested by the Administrative Agent, demonstrating the calculation of the Available Amount; 

(k) the declaration and payment of dividends on Disqualified Equity Interests or preferred equity that was issued and incurred in
accordance with the terms of Section 7.02; 
 (l) any purchase, repurchase, redemption, defeasance or other
acquisition or retirement of preferred stock of a Nexstar Entity made by exchange for or out of the proceeds of the substantially concurrent sale of preferred stock of such Nexstar Entity, that, in each case, is permitted to be issued and incurred
pursuant to Section 7.02; and 
 (m) so long as the Mission Credit Agreement has not been terminated, the
Mission Entities may make Restricted Payments permitted under the terms of Section 7.09 of the Mission Credit Agreement. 

7.10 Financial Covenants. 
 (a) Consolidated First Lien Net Leverage Ratio. Permit the Consolidated First Lien Net Leverage Ratio on the last day of any fiscal quarter occurring during the term of this Agreement to be greater
than 3.50:1.00 on such date. 

  
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 (b) Consolidated Total Net Leverage Ratio. Permit the Consolidated Total Net Leverage
Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: 
  

			
	 Period
	  	Maximum
Consolidated Total Net
Leverage Ratio
	 Closing Date through and including September 30, 2014
	  	7.25:1.00
	 December 31, 2014 through and including September 30, 2015
	  	6.75:1.00
	 December 31, 2015 and thereafter
	  	6.50:1.00

 (c) Consolidated Fixed Charge Coverage Ratio. Permit the Consolidated Fixed Charge Coverage Ratio
on the last day of any fiscal quarter occurring during the term of this Agreement to be less than 1.20:1.00 on such date. 

7.11 Change in Nature of Business. Engage in any material line of business fundamentally and substantially different from the
character of the Television Broadcasting Business of the Nexstar Entities taken as a whole. 
 7.12 Burdensome
Agreements. Enter into, or permit to exist, any Contractual Obligation that encumbers or restricts the ability of (a) any Restricted Subsidiary or Mission Entity to make Restricted Payments to any Restricted Subsidiary, (b) any Nexstar
Entity to Guarantee the Indebtedness of the Borrower hereunder and under the Loan Documents, and the Mission Borrower under the Mission Credit Agreement and the Mission Loan Documents or make loans or advances to the Borrower or any of its
Restricted Subsidiaries that is a Loan Party, (c) any Mission Entity to Guarantee the Indebtedness hereunder and under the Loan Documents and of the Mission Borrower under the Mission Credit Agreement and the Mission Loan Documents or make
loans or advances to any Mission Entity that is a Loan Party, (d) any Restricted Subsidiary or Nexstar Entity to transfer any of its property to the Borrower or any of its Restricted Subsidiaries that is a Loan Party, (e) any Mission
Restricted Subsidiary or Mission Entity to transfer any of its property to any Mission Entity that is a Loan Party, (f) any Nexstar Entity or any Mission Entity to pledge its property pursuant to the Loan Documents or any renewals,
refinancings, exchanges, refundings or extension thereof or (g) any Loan Party or Subsidiary of a Loan Party to create, incur, assume or suffer to exist any Lien upon any of their respective properties or revenues, whether now owned or
hereafter acquired, for the benefit of the Secured Parties with respect to the Obligations under the Loan Documents, or any renewals, refinancings, exchanges, refundings or extension thereof, except in respect of any of the matters referred
to in clauses (a) through (e) above: 
 (i) restrictions and
conditions imposed under any Loan Document, the Senior Second Lien Notes Indenture Documentation and the Senior
67/8% Notes due 2020 Indenture Documentation; 

  
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 (ii) restrictions and conditions existing on the Closing Date or to any
extension, renewal, amendment, modification or replacement thereof, except to the extent any such amendment, modification or replacement expands the scope of any such restriction or condition; 

(iii) customary restrictions and conditions contained in agreements relating to the sale of a Subsidiary or any assets
pending such sale; provided that such restrictions and conditions apply only to the Subsidiary or assets that is or are to be sold and such sale is permitted hereunder; 

(iv) customary provisions in leases, licenses and other contracts restricting the assignment thereof; 

(v) restrictions imposed by any agreement relating to secured Indebtedness permitted by this Agreement to the extent such
restriction applies only to the property securing such Indebtedness; 
 (vi) restrictions or conditions set forth
in any agreement in effect at any time any Person becomes a Restricted Subsidiary (but not any modification or amendment expanding the scope of any such restriction or condition); provided that such agreement was not entered into in
contemplation of such Person becoming a Restricted Subsidiary and the restriction or condition set forth in such agreement does not apply to the Borrower or any other Restricted Subsidiary; 

(vii) restrictions or conditions in any Indebtedness permitted pursuant to Section 7.02 to the extent such
restrictions or conditions are no more restrictive than the restrictions and conditions in the Loan Documents or, in the case of Subordinated Debt, are market terms at the time of issuance (as determined by the Borrower in good faith) or, in the
case of Indebtedness of any Non-Loan Party, are imposed solely on such Non-Loan Party and its Subsidiaries and are market terms at the time of issuance (as determined by the Borrower in good faith); provided that any such restrictions or
conditions permit compliance with the Collateral and Guarantee Requirement and Section 6.11 and Section 6.14; 
 (viii) encumbrances and restrictions under the Organization Documents of JV Entities; 
 (ix) any encumbrance or restriction: (A) 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 agreement, or the assignment or transfer of any lease, license or other contract or agreement; or (B) pursuant to customary provisions restricting dispositions of real property interests set forth in any reciprocal easement agreements of the
Borrower or any Restricted Subsidiary; 
 (x) any encumbrance or restriction pursuant to Swap Contracts;
provided that any such restrictions or conditions permit compliance with the Collateral and Guarantee Requirement and Section 6.11 and Section 6.14; 

  
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 (xi) encumbrances or restriction arising or existing by reason applicable
Law or any applicable rule, regulation or order, or required by any regulatory authority; and 
 (xii) so long
as the Mission Credit Agreement has not been terminated, the Mission Entities may enter into such transactions permitted under the terms of Section 7.12 of the Mission Credit Agreement. 

7.13 Amendments and Other Documents. 
 (a) The Borrower shall not, and shall not permit any Nexstar Entity or Mission Entity, or any Affiliate to, (i) modify, change, consent to, waive any provision with respect to, or otherwise not
comply with or effectuate any change to, any Sharing Arrangement with a Shared Services Party, except (1) any immaterial clarifying amendment correcting an error, and (2) any amendment requested or required by a Governmental
Authority and so long as, in each case, no consent fee is payable in connection therewith, (ii) allow any Sharing Arrangement with a Shared Services Party to lapse, expire or terminate, or otherwise not be in full force and effect
against any party thereto, except to the extent any television station owned by a Shared Services Party is sold in accordance with the terms hereof and the other Loan Documents and of the Mission Credit Agreement and the other Mission Loan
Documents, or (iii) permit, allow or suffer to exist any Sharing Arrangement with a Shared Services Party not being subject to a Lien and security interest on behalf of the Secured Parties to secure the Obligations. 

(b) The Borrower shall not, and shall not permit any Nexstar Entity or Mission Entity, or any Affiliate to, (i) modify, change,
consent to, waive any provision with respect to, or otherwise not comply with or effectuate any change to, any written agreement between or among the Borrower and the Mission Borrower, or any Nexstar Entity and any Mission Entity, including, without
limitation, the Nexstar/Mission Agreements, except (1) any immaterial clarifying amendment correcting an error and (2) any amendment requested or required by a Governmental Authority and so long as, in each case, no consent
fee is payable in connection therewith, (ii) allow any Nexstar/Mission Agreement to lapse, expire or terminate, or otherwise not be in full force and effect against any party thereto, except to the extent any television station owned by
the Mission Borrower is sold in accordance with the terms hereof and of the Mission Credit Agreement and the other Mission Loan Documents, (iii) permit, allow or suffer to exist any Nexstar/Mission Agreement then in effect not being subject to
a Lien and security interest on behalf of the Secured Parties to secure the Obligations or (iv) enter into any other agreement or other transaction between any Nexstar Entity and any Mission Entity except to the extent such agreement or
transaction is in the ordinary course of business and is in each case on terms not less favorable to the Nexstar Entities and the Mission Entities than are obtainable in an arm’s length third party transaction, except, in each case, the
Nexstar/Mission Agreements set forth on Schedule 1.01(a). 
 (c) The Borrower shall not, and shall not permit any Nexstar
Entity or Mission Entity, or any Affiliate to, modify, change, consent to, waive any provision with respect to, or otherwise not comply or effectuate any change to, any loan document entered into by any Nexstar Entity or Mission Entity or a Shared
Services Party or its Affiliates or Subsidiaries in connection with a Shared Services Party Credit Facility that (i) increases the maximum principal amount of the obligations, the stated rate of interest or the amount of any fees or any other

  
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amounts (including expenses) due thereunder (including, without limitation, any change in the method for determining the stated rate of interest or the amount of any fees due thereunder),
(ii) changes to an earlier date any date upon which payments of principal, interest, fees, expenses or any other amounts are due thereunder, (iii) adds or changes any default or covenant which would have the effect of making the defaults
or covenants therein more restrictive, when taken as whole, on any Nexstar Entity or Mission Entity, (iv) removes or changes any default or covenant which would have the effect of making the defaults or covenants therein less restrictive, when
taken as a whole, on any Shared Services Party or its Affiliates or Subsidiaries, (v) changes or amends any other term or provision if such change or amendment would result in a Default or an Event of Default hereunder, (vi) changes or
adds any redemption, prepayment or any other provision that would obligate any Shared Services Party or its respective Affiliates or Subsidiaries to make any payment not required by, or in an amount in excess of the amounts set forth in, such
documents as of the closing date of such Shared Services Party Credit Facility or (vii) would otherwise be material and adverse to the rights and interests of the Administrative Agent and the Lenders, in each case, without the prior written
consent of the Administrative Agent. 
 ARTICLE VIII 
 EVENTS OF DEFAULT AND REMEDIES 
 8.01 Events of Default. Any of the
following events referred to in any of clauses (a) through (r) shall constitute an “Event of Default”: 
 (a) Non-Payment. Any Loan Party fails to pay (i) when and as required to be paid herein, any amount of principal of any Loan or any L/C Borrowing, or (ii) within five Business Days after
the same becomes due, any interest on any Loan or on any L/C Obligation, or any fee due hereunder, or any Loan Party fails to or deposit any funds as Cash Collateral in respect of L/C Obligations, or any other amount payable hereunder or with
respect to any other Loan Document; or 
 (b) Specific Covenants. (i) The Borrower or any other Nexstar Entity or
Mission Entity fails to perform or observe any term, covenant or agreement contained in any of Sections 2.18, 6.03(a), 6.04(a), 6.12 or Article VII, Sections 2.18, 6.03(a), 6.04(a) (solely with respect to
the Borrower), 6.12 or Article VII of the Mission Credit Agreement, or (ii) any Mission Entity fails to perform or observe any term, covenant or agreement contained in Article VI deemed applicable to each such Mission Entity in each case
as if such Mission Entity is “the Borrower” under each such provision; or 
 (c) Other Defaults. The Borrower
or any other Nexstar Entity or Mission Entity fails to perform or observe any other covenant or agreement (not specified in subsection (a) or (b) above) contained in any Loan Document or any Mission Loan Document on its part
to be performed or observed and such failure continues for 30 days after receipt by the Borrower of written notice thereof by the Administrative Agent or the Majority Lenders; or 

(d) Representations and Warranties. Any representation, warranty, certification or statement of fact made or deemed made by or on
behalf of the Borrower or any other Nexstar Entity or Mission Entity herein, in any other Loan Document, any Mission Loan Document or in any document required to be delivered in connection herewith or therewith shall be incorrect or misleading in
any material respect when made or deemed made; or 

  
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 (e) Cross-Default. Any Loan Party or any Restricted Subsidiary (A) fails to make
any payment beyond the applicable grace period with respect thereto, if any (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness (other than Indebtedness hereunder) having an
aggregate principal amount of more than the Threshold Amount, or (B) fails to observe or perform any other agreement or condition relating to any such Indebtedness, or any other event occurs (other than, with respect to Indebtedness consisting
of Swap Contracts, termination events or equivalent events pursuant to the terms of such Swap Contracts), the effect of which default or other event 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 or beneficiary or beneficiaries) to cause, after giving effect to any grace period, with the giving of notice if required, all such Indebtedness to become due or to be repurchased, prepaid, defeased or redeemed
(automatically or otherwise), or an offer to repurchase, prepay, defease or redeem all such Indebtedness to be made, prior to its stated maturity; provided that this clause (e)(B) shall not apply to secured Indebtedness that becomes due as a
result of the voluntary sale or transfer of the property or assets securing such Indebtedness, if such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness; provided, further, that such failure is
unremedied and is not waived by the holders of such Indebtedness; or 
 (f) Insolvency Proceedings, Etc. Any Loan Party
or any Restricted Subsidiary thereof institutes or consents to the institution of any proceeding under any Debtor Relief Law, or makes an assignment for the benefit of creditors, or applies for or consents to the appointment of any receiver, interim
receiver, receiver and manager, trustee, custodian, conservator, liquidator, rehabilitator, administrator, administrative receiver or similar officer for it or for all or any material part of its property, or any receiver, interim receiver, receiver
and manager, trustee, custodian, conservator, liquidator, rehabilitator, administrator, administrative receiver or similar officer is appointed without the application or consent of such Person and the appointment continues undischarged or unstayed
for 60 calendar days, or any proceeding under any Debtor Relief Law relating to any such Person or to all or any material part of its property is instituted without the consent of such Person and continues undismissed or unstayed for 60 calendar
days, or an order for relief is entered in any such proceeding; or 
 (g) Inability to Pay Debts; Attachment.
(i) Any Loan Party or any Restricted Subsidiary thereof becomes unable or admits in writing its inability or fails generally to pay its debts as they become due, or (ii) any writ or warrant of attachment or execution or similar process is
issued or levied against all or any material part of the property of the Nexstar Entities and the Mission Entities, taken as a whole, and is not released, vacated or fully bonded within 60 days after its issue or levy; or 

(h) Judgments. There is entered against any Loan Party or any Restricted Subsidiary a final judgment or order for the payment of
money in an aggregate amount exceeding the Threshold Amount (to the extent not covered by independent third party insurance) and such judgment or order shall not have been satisfied, vacated, discharged or stayed or bonded pending an appeal for a
period of 60 consecutive days; or 

  
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 (i) ERISA. (i) An ERISA Event occurs with respect to a Pension Plan or
Multiemployer Plan which has resulted or could reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect, or (ii) any Loan Party, any Restricted Subsidiary thereof, or any ERISA Affiliate fails to pay when due,
after the expiration of any applicable grace period, any installment payment with respect to its withdrawal liability under Section 4201 of ERISA under a Multiemployer Plan which could reasonably be expected to have, individually or in the
aggregate, a Material Adverse Effect; or 
 (j) Invalidity of Loan Documents. Any material provision of this Agreement,
or any Security Document, at any time after its execution and delivery and for any reason other than as expressly permitted hereunder or thereunder (including as a result of a transaction permitted by Section 7.04 or 7.05) or
solely as a result of acts or omissions by the Administrative Agent or any Lender or the satisfaction in full of all the Obligations, ceases to be in full force and effect, or any Security Document shall for any reason (other than pursuant to the
terms thereof) cease to create a valid and perfected first priority Lien on the Collateral purported to be covered thereby (to the extent required hereby or thereby), or any Loan Party or any Subsidiary thereof contests in writing in any manner the
validity or enforceability of any material provision of any Loan Document, or any Loan Party or any Restricted Subsidiary thereof denies in writing that it has any or further liability or obligation under any provision of any Loan Document (other
than as a result of repayment in full of the Obligations and termination of the Aggregate Commitments), or purports in writing to revoke, terminate (other than in connection with payment in full) or rescind any provision of any Loan Document; or

 (k) Change of Control. There occurs any Change of Control; or 

(l) Subordination. (i) The subordination provisions of the Subordinated Debt Documents (the “Subordination
Provisions”) shall, in whole or in part, terminate, cease to be effective or cease to be legally valid, binding and enforceable against any holder of the Subordinated Debt, (ii) the Borrower or any other Loan Party or any Restricted
Subsidiary of a Loan Party shall, directly or indirectly, disavow or contest in any manner the effectiveness, validity or enforceability of any of the Subordination Provisions, (iii) the Lien subordination provisions of the Senior Second Lien
Notes Indenture Documentation and any other second lien Indebtedness included in the Indenture Documentation (the “Lien Subordination Provisions”) shall, in whole or in part, terminate, cease to be effective or cease to be legally
valid, binding and enforceable against any holder of the Senior Second Lien Notes or any other holder of any such second lien Indebtedness, or (iv) the Borrower or any other Loan Party or Restricted Subsidiary of a Loan Party shall, directly or
indirectly, disavow or contest in any manner the effectiveness, validity or enforceability of any of the Lien Subordination Provisions; or 
 (m) Material Cessation of Broadcasting. The over-the-air broadcast operations at any Station, Mission Station or other Shared Services Party Station (except those with a Strategic Shared Services
Party) shall be interrupted at any time for more than 48 hours, whether or not consecutive, during any period of 14 consecutive days, and such interruption could reasonably be expected to have a Material Adverse Effect; or 

  
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 (n) Sharing Arrangements. Any Sharing Arrangement other than a Sharing Arrangement
with a Strategic Shared Services Party, shall (i) be revoked, cancelled, terminated or expired by its terms and not renewed or any default has occurred under any such Sharing Arrangement, in each case which would have a Material Adverse Effect
or (ii) be amended at the request of any Governmental Authority, which amendment would have a Material Adverse Effect, or (iii) cause any Nexstar Entity or Mission Entity not to comply with the multiple ownership rules of the
Communications Laws, which non-compliance would have a Material Adverse Effect; or 
 (o) Termination of Material
Licenses. Any (i) material Licenses (including Broadcast Licenses) issued by the FCC shall be revoked or cancelled or expired by its terms and not be renewed, or shall be modified, in each case in a matter which would have a Material
Adverse Effect, (ii) any administrative law judge or other representative of the FCC shall have issued an initial decision in any renewal or revocation proceeding to the effect that any material License should be revoked or not be renewed, or
(iii) any other proceeding shall have been instituted by the FCC or shall have been commenced before any court, the FCC or any other regulatory body that could reasonably be expected to result in (A) cancellation, termination, rescission,
revocation, suspension, material impairment or denial of renewal of a material License, (B) a modification of a material License in a material adverse respect or a renewal thereof on terms that materially and adversely affect the economic or
commercial value or usefulness thereof, (C) a forfeiture (within the meaning of 47 C.F.R. § 1.80 of the FCC regulations) or other materially adverse effect on or with respect to any License that would reasonably be expected to have a
Material Adverse Effect, or (D) cancellation, termination, rescission, revocation, suspension, or material impairment of the consent of the FCC to the assignment to Nexstar of the FCC Licenses associated with the Newport Stations; or

 (p) Termination of Mission Loan Documents or Repayment in Full; Mission Default. (i) Any one or more of the
following shall occur: the Mission Credit Agreement is terminated, or the Mission Loans are repaid in full, or for any reason any Mission Loan Document ceases to be in full force and effect, or cease to be binding on the Mission Borrower (or the
Mission Borrower shall allege or claim any of the foregoing); or (ii) there shall occur an Event of Default under the Mission Credit Agreement; or 
 (q) Default under Senior Second Lien Notes Indenture Documentation. Any Loan Party or any Restricted Subsidiary (i) fails to make any payment (whether by scheduled maturity, required
prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness evidenced by any Senior Second Lien Notes Indenture Documentation, or (ii) fails to observe or perform any other agreement or condition of any such Senior Second
Lien Notes Indenture Documentation, or any other event occurs, the effect of which default or other event 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 or beneficiary
or beneficiaries) to cause, after giving effect to any grace period, with the giving of notice if required, all such Indebtedness in respect of the Senior Second Lien Notes to become due or to be repurchased, prepaid, defeased or redeemed
(automatically or otherwise), or an offer to repurchase, prepay, defease or redeem all such Indebtedness to be made, prior to its stated maturity; or 
 (r) Breach of Statement. Any statement, certification, representation, warranty, or statement of fact on Exhibit J is incorrect or misleading in any material respect on the Closing Date, or on
any date of any Credit Extension. 

  
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 8.02 Remedies Upon Event of Default. If any Event of Default occurs and is
continuing, the Administrative Agent shall, at the request of, or may, with the consent of, the Majority Lenders, take any or all of the following actions: 
 (a) declare the commitment of each Lender to make Loans and any obligation of the L/C Issuers to make L/C Credit Extensions to be terminated, whereupon such commitments and obligation shall be terminated;

 (b) declare the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other
amounts owing or payable hereunder or under any other Loan Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower; 

(c) require that the Borrower Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount thereof); and

 (d) exercise on behalf of itself, the Lenders and the L/C Issuers all rights and remedies available to it, the Lenders and
the L/C Issuers under the Loan Documents; 
 provided, however, that upon the occurrence of an actual or deemed entry of an order
for relief with respect to the Borrower under the Bankruptcy Code of the United States, the obligation of each Lender to make Loans and any obligation of any L/C Issuer to make L/C Credit Extensions shall automatically terminate, the unpaid
principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall automatically become due and payable, and the obligation of the Borrower to Cash Collateralize the L/C Obligations as aforesaid shall automatically
become effective, in each case without further act of the Administrative Agent or any Lender. 
 8.03 Exclusion of Immaterial
Subsidiaries. Solely for the purpose of determining whether a Default has occurred under clause (f) or (g) of Section 8.01, any reference in any such clause to any Restricted Subsidiary or Loan Party shall be
deemed not to include any Subsidiary that is an Immaterial Subsidiary or at such time could, upon designation by the Borrower, become an Immaterial Subsidiary affected by any event or circumstances referred to in any such clause unless (a) the
Consolidated EBITDA of such Subsidiary together with the Consolidated EBITDA of all other Subsidiaries affected by such event or circumstance referred to in such clause (in each case determined using the definition of “Consolidated EBITDA”
and the other defined terms used therein as if references to the Borrower and the Restricted Subsidiaries therein were to such Subsidiary and its Subsidiaries), shall exceed 5% of the Consolidated EBITDA of the Borrower and its Restricted
Subsidiaries or (b) the total assets of such Subsidiary together with the total assets of all other Subsidiaries affected by such event or circumstance referred to in such clause (in each case determined using the definition of “Total
Assets” and the other defined terms used therein as if references to the total assets of the Nexstar Entities and the Mission Entities on a consolidated basis therein were to such Subsidiary and its Subsidiaries), shall exceed 5% of the Total
Assets of the Nexstar Entities and the Mission Entities (taken as a whole). 

  
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 8.04 Application of Funds. After the exercise of remedies provided for in
Section 8.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 8.02), including
in any bankruptcy or insolvency proceeding, any amounts received on account of the Obligations shall, subject to the provisions of Section 2.16 and 2.17, be applied by the Administrative Agent in the following order: 

First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (other than
principal and interest, but including Attorney Costs payable under Section 10.04 and amounts payable under Article III) payable to each Agent in its capacity as such; 

Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal,
interest and Letter of Credit Fees) payable to the Lenders and the L/C Issuers (including Attorney Costs payable under Section 10.04 and amounts payable under Article III), ratably among them in proportion to the respective
amounts described in this clause Second payable to them; 
 Third, to payment of that portion of the Obligations
constituting accrued and unpaid Letter of Credit Fees and interest (including, but not limited to, post-petition interest) on the Loans, L/C Borrowings and other Obligations arising under the Loan Documents, ratably among the Lenders and the L/C
Issuers in proportion to the respective amounts described in this clause Third payable to them; 
 Fourth, to
payment of that portion of the Obligations constituting unpaid principal of the Loans, L/C Borrowings, Cash Management Obligations and Obligations then owing under Secured Hedge Agreements, ratably among the Secured Parties, the L/C Issuers, the
Hedge Banks and the Cash Management Banks in proportion to the respective amounts described in this clause Fourth held by them; 
 Fifth, to the Administrative Agent for the account of the L/C Issuers, to Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit to the
extent not otherwise Cash Collateralized by the Borrower pursuant to Sections 2.03 and 2.17; 
 Sixth, to
the payment of all other Obligations of the Loan Parties that are due and payable to the Administrative Agent and the other Secured Parties on such date, ratably based upon the respective aggregate amounts of all such Obligations owing to the
Administrative Agent and the other Secured Parties on such date; and 
 Last, the balance, if any, after all of the
Obligations (other than contingent indemnity obligations) have been paid in full, to the Borrower or as otherwise required by Law. 
 Subject to
Sections 2.03(c) and 2.17, amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to clause Fifth above shall be applied to satisfy drawings under such Letters of Credit as they occur.
If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above and, if no Obligations
remain outstanding, to the Borrower. 

  
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 8.05 Borrower’s Right to Cure. 

(a) Notwithstanding anything to the contrary contained in Section 8.01 or 8.02, in the event that the Borrower fails
to comply with the requirements of the Financial Covenants and at any time during the last fiscal quarter in a Test Period and until the expiration of the tenth Business Day after the date on which financial statements with respect to such Test
Period in which such covenant is being measured are required to be delivered pursuant to Section 6.01 (the “Cure Period”), if the Borrower receives a Specified Equity Contribution during such Cure Period, the Borrower
may apply the amount of the net cash proceeds of such Specified Equity Contribution to increase Consolidated EBITDA with respect to the last fiscal quarter of the relevant Test Period; provided that such net cash proceeds (i) are
actually received by the Borrower as cash equity other than Disqualified Equity Interests (including through capital contribution of such net cash proceeds to the Borrower) during the Cure Period, and (ii) were not previously applied in
determining the permissibility of a transaction under the Loan Documents where such permissibility was (or may have been) contingent on receipt of such amount or utilization of such amount for a specified purpose, or added to the Available Amount.
The parties hereby acknowledge and agree that this Section 8.05(a) may not be relied on or used for purposes of determining permitted amounts with respect to covenants in this Agreement and pricing, and that such pro forma
adjustment to Consolidated EBITDA shall be given solely for the purpose of determining the existence of a Default under the Financial Covenants with respect to any Test Period that includes the fiscal quarter for which such Specified Equity
Contribution was received, and not for any other purpose under any Loan Document. 
 (b) If, after receipt of the Specified
Equity Contribution and the recalculations pursuant to clause (a) above, the Borrower shall then be in compliance with the requirements of the Financial Covenants during such Test Period (including for purposes of
Section 4.02), the Borrower shall be deemed to have satisfied the requirements of the Financial Covenants as of the relevant date of determination with the same effect as though there had been no failure to comply therewith at such date,
and the applicable Default under Section 8.01 that had occurred shall be deemed cured; provided that (i) no more than five Specified Equity Contributions will be made in the aggregate during the term of this Agreement,
(ii) in each four fiscal quarter period, there shall be at least two fiscal quarters in respect of which no Specified Equity Contribution is made, (iii) the amount of any Specified Equity Contribution shall be no greater than the amount
required to cause the Borrower to be in compliance with the Financial Covenants for any applicable period, (iv) there shall be no pro forma reduction in Indebtedness with the proceeds of any Specified Equity Contribution for determining
compliance with the Financial Covenants and (v) no Specified Equity Contribution shall reduce the amount of Consolidated Net Debt for purposes of calculating compliance with the Financial Covenants. 

  
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 ARTICLE IX 
 ADMINISTRATIVE AGENT 
 9.01 Appointment and Authority. (a) Each of the
Lenders and each L/C Issuer hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent hereunder and under the other Loan Documents and authorizes the Administrative Agent to take such actions on its behalf and to
exercise such powers as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. Except for the consent rights of the Borrower pursuant to
Section 9.06, the provisions of this Article are solely for the benefit of the Administrative Agent, the Lenders and the L/C Issuers, and neither the Borrower nor any other Loan Party or any Restricted Subsidiary shall have rights as a
third party beneficiary of any of such provisions. Notwithstanding any provision to the contrary contained elsewhere herein or in any other Loan Document, the Administrative Agent shall have no duties or responsibilities, except those expressly set
forth herein, nor shall the Administrative Agent have or be deemed to have any fiduciary relationship with any Lender or participant, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this
Agreement or any other Loan Document or otherwise exist against the Administrative Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” herein or in any other Loan Documents (or any other similar
term) with reference to any Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term is used merely as a matter of market custom, and is intended
to create or reflect only an administrative relationship between independent contracting parties. 
 (b) Each L/C Issuer shall
act on behalf of the Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and each such L/C Issuer shall have all of the benefits and immunities (i) provided to the Agents in this
Article IX with respect to any acts taken or omissions suffered by such L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and the applications and agreements for letters of credit pertaining to
such Letters of Credit as fully as if the term “Agent” as used in this Article IX and in the definition of “Related Parties” included such L/C Issuer with respect to such acts or omissions, and (ii) as
additionally provided herein with respect to such L/C Issuer. 
 (c) The Administrative Agent shall also act as the
“collateral agent” under the Loan Documents, and each of the Lenders (including in its capacities as a potential Hedge Bank and a potential Cash Management Bank) and each L/C Issuer hereby irrevocably appoints and authorizes the
Administrative Agent to act as the agent of such Lender and such L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Loan Parties or any Restricted Subsidiary to secure any of the
Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and attorneys-in-fact appointed by the
Administrative Agent pursuant to Section 9.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Documents, or for exercising any rights and remedies thereunder at the
direction of the Administrative Agent), shall be entitled to the benefits of all provisions of this Article IX and Article X (including Section 10.04(c), as though such co-agents, sub-agents and attorneys-in-fact
were the “collateral agent” under the Loan Documents) as if set forth in full herein with respect thereto. 

  
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 9.02 Rights as a Lender. The Person serving as the Administrative Agent hereunder
shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless otherwise expressly
indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own securities of, act as the
financial advisor or in any other advisory capacity for and generally engage in any kind of business with the Borrower or any Subsidiary or other Affiliate thereof as if such Person were not the Administrative Agent hereunder and without any duty to
account therefor to the Lenders. 
 9.03 Exculpatory Provisions. The Administrative Agent shall not have any duties or
obligations except those expressly set forth herein and in the other Loan Documents, and its duties hereunder shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent: 

(a) shall not be subject to any fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing;

 (b) shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary
rights and powers expressly contemplated hereby or by the other Loan Documents that the Administrative Agent is required to exercise as directed in writing by the Majority Lenders (or such other number or percentage of the Lenders as shall be
expressly provided for herein or in the other Loan Documents); provided that the Administrative Agent shall not be required to take any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to
liability or that is contrary to any Loan Document or applicable Law, including for the avoidance of doubt any action that may be in violation of the automatic stay under any Debtor Relief Law or that may affect a forfeiture, modification or
termination of property of a Defaulting Lender in violation of any Debtor Relief Law; and 
 (c) shall not, except as expressly
set forth herein and in the other Loan Documents, have any duty to disclose, and shall not be liable for the failure to disclose, any information relating to the Borrower or any of its Affiliates that is communicated to or obtained by the Person
serving as the Administrative Agent or any of its Affiliates in any capacity. 
 The Administrative Agent shall not be liable to
any Lender or any Affiliate of any Lender for any action taken or not taken by it (i) with the consent or at the request of the Majority Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative
Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 10.01 and 8.02) or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent
jurisdiction by final and nonappealable judgment. The Administrative Agent shall be deemed not to have knowledge of any Default unless and until notice describing such Default is given in writing to the Administrative Agent by the Borrower, a Lender
or an L/C Issuer. 
 The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into
(i) any statement, warranty or representation made in or in connection with this Agreement or any other Loan Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection
herewith or therewith, (iii) the performance or observance of any of the covenants, agreements or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability,

  
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effectiveness or genuineness of this Agreement, any other Loan Document or any other agreement, instrument or document, or the creation, perfection or priority of any Lien purported to be created
by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article IV or elsewhere herein, other than to confirm receipt of items expressly required to be
delivered to the Administrative Agent. 
 9.04 Reliance by Agents. Each Agent shall be entitled to rely upon, and shall
not incur any liability for relying upon, any notice, request, certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be
genuine and to have been signed, sent or otherwise authenticated by the proper Person. Each Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any
liability for relying thereon. In determining compliance with any condition hereunder to the making of a Loan, or the issuance, extension, renewal or increase of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender
or the relevant L/C Issuer, the Administrative Agent may presume that such condition is satisfactory to such Lender or the L/C Issuers unless the Administrative Agent shall have received notice to the contrary from such Lender or an L/C Issuer prior
to the making of such Loan or the issuance of such Letter of Credit. Each Agent may consult with legal counsel (who may be counsel for the Borrower), independent accountants and other experts selected by it, and shall not be liable for any action
taken or not taken by it in good faith in accordance with the advice of any such counsel, accountants or experts. 
 9.05
Delegation of Duties. Each Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any other Loan Document by or through any one or more sub-agents appointed by such Agent. Each Agent and any such
sub-agent may perform any and all of its duties and exercise its rights and powers by or through their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Agents
and any such sub-agent, and shall apply to their respective activities in connection with the syndication of the credit facilities provided for herein as well as activities as Agent. Each Agent shall not be responsible for the negligence or
misconduct of any sub-agents except to the extent that a court of competent jurisdiction determines in a final and nonappealable judgment that such Agent acted with gross negligence or willful misconduct in the selection of such sub-agents.

 9.06 Resignation of Administrative Agent, Swing Line Lender, L/C Issuers and Collateral Agent. 

(a) The Administrative Agent may at any time give notice of its resignation to the Lenders, each L/C Issuer and the Borrower. Upon
receipt of any such notice of resignation, the Majority Lenders shall have the right, with the consent of the Borrower (except during the existence of an Event of Default under Sections 8.01(f) or (g)), which consent shall not be
unreasonably withheld or delayed), 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
Majority Lenders and shall have accepted such appointment within 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Majority Lenders) (the “Resignation 

  
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Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to) on behalf of the Lenders and the L/C Issuers(without the consent of any Lenders or L/C
Issuers), appoint a successor Administrative Agent meeting the qualifications set forth above, subject so long as there exists no Event of Default under Sections 8.01(f) or (g), to the consent of the Borrower, which consent shall
not be unreasonably withheld or delayed. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 

(b) If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof,
the Majority Lenders may, to the extent permitted by applicable law, by notice in writing to the Borrower and such Person remove such Person as Administrative Agent and, in consultation with the Borrower, appoint a successor, which appointment of a
successor agent shall require the consent of the Borrower (except during the existence of an Event of Default under Sections 8.01(f) or (g)), which consent shall not be unreasonably withheld or delayed. If no such successor shall
have been so appointed by the Majority Lenders and shall have accepted such appointment within 30 days (or such earlier day as shall be agreed by the Majority Lenders) (the “Removal Effective Date”), then such removal shall
nonetheless become effective in accordance with such notice on the Removal Effective Date. 
 (c) With effect from the
Resignation Effective Date or the Removal Effective Date (as applicable) (i) the retiring or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in
the case of any collateral security held by the Administrative Agent on behalf of the Lenders or the L/C Issuers under any of the Loan Documents, the retiring or removed Administrative Agent shall continue to hold such collateral security until such
time as a successor Administrative Agent is appointed) and (ii) except for any indemnity payments or other amounts then owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made
by, to or through the Administrative Agent shall instead be made by or to each Lender and the relevant L/C Issuer directly, until such time, if any, as the Majority Lenders appoint a successor Administrative Agent as provided for above. Upon the
acceptance of a successor’s appointment as Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) Administrative Agent (other than as
provided in Section 3.01(g) and other than any rights to indemnity payments or other amounts owed to the retiring or removed Administrative Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the
retiring or removed Administrative Agent shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the Borrower
to a successor Administrative Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and
under the other Loan Documents, the provisions of this Article and Section 10.04 shall continue in effect for the benefit of such retiring or removed Administrative 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 or removed Administrative Agent was acting as Administrative Agent. 

  
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 (d) (1) The Swing Line Lender may at its option at any time give notice of its
resignation to the Administrative Agent, the Lenders and the Borrower, (2) any L/C Issuer may at its option at any time give notice of its resignation to the Administrative Agent, the Lenders and the Borrower, and (3) the Collateral Agent
may at its option at any time give notice of its resignation to the Administrative Agent, the Lenders and the Borrower, in each case effective on the date that is 30 days after the date specified in such notice. Additionally, any resignation by Bank
of America as Administrative Agent pursuant to this Section shall also constitute its resignation as an L/C Issuer and Swing Line Lender, and, at the option of Bank of America, Collateral Agent. If Bank of America or any other L/C Issuer
resigns as an L/C Issuer, it shall retain all the rights, powers, privileges and duties of an L/C Issuer hereunder with respect to all Letters of Credit issued by it outstanding as of the effective date of its resignation as an L/C Issuer and all
L/C Obligations with respect thereto, including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c) (but shall have no obligation to issue, extend,
amend or renew any Letter of Credit). If Bank of America or any other Swing Line Lender resigns as Swing Line Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and
outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c), (but shall have no
obligation to make any new Swing Line Loan). If Bank of America or any other Collateral Agent resigns as Collateral Agent, it shall retain all the rights, powers, privileges and duties of Collateral Agent hereunder with respect to all Collateral and
the Loan Documents until an assignment of such duties has been made by Bank of America or such Collateral Agent to a successor Collateral Agent. Upon the appointment by the Borrower of a successor L/C Issuer or Swing Line Lender hereunder (which
successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swing Line Lender, as
applicable, (ii) the retiring L/C Issuer and Swing Line Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (iii) the successor L/C Issuer shall issue letters of
credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America or any other retiring L/C Issuer to effectively assume the obligations of Bank of
America, or such other retiring L/C Issuer with respect to such Letters of Credit. Upon the appointment by Bank of America or any other Collateral Agent of a successor Collateral Agent hereunder (A) such successor shall succeed to and become
vested with all of the rights, powers, privileges and duties of the retiring Collateral Agent, and (B) the retiring Collateral Agent shall be discharged from all of its respective duties and obligations hereunder or under the other Loan
Documents. 
 9.07 Non-Reliance on Administrative Agent and Other Lenders. Each Lender and each L/C Issuer acknowledges
that it has, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to
enter into this Agreement. Each Lender and each L/C Issuer also acknowledges that it will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and
information as it shall from time to time deem appropriate, continue to make its own decisions in taking or not taking action under or based upon this Agreement, any other Loan Document or any related agreement or any

  
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document furnished hereunder or thereunder. Except for notices, reports and other documents expressly required to be furnished to the Lenders by any Agent herein, such Agent shall not have any
duty or responsibility to provide any Lender with any credit or other information concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any of the Loan Parties or any of their respective
Affiliates which may come into the possession of any Agent or their respective Related Parties. 
 9.08 No Other Duties,
Etc. Anything herein to the contrary notwithstanding, none of the Bookrunners, Arrangers, Syndication Agent or Documentation Agent listed on the cover page hereof shall have any powers, duties or responsibilities under this Agreement or any of
the other Loan Documents, except in its capacity, as applicable, as the Administrative Agent, a Lender or an L/C Issuer hereunder. 
 9.09 Administrative Agent May File Proofs of Claim. In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial proceeding relative to any Loan Party or any
Restricted Subsidiary, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the Administrative
Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations and all other Obligations that are owing and unpaid and to file
such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuers and the Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders,
the L/C Issuers and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuers and the Administrative Agent under Sections 2.03(h) and (i), 2.09 and 10.04)
allowed in such judicial proceeding; and 
 (b) to collect and receive any monies or other property payable or deliverable on
any such claims and to distribute the same; 
 and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar
official in any such judicial proceeding is hereby authorized by each Lender and each L/C Issuer to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly
to the Lenders and the L/C Issuers, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Agents and their respective agents and counsel, and any other amounts due to the
Administrative Agent under Sections 2.09 and 10.04. 
 Nothing contained herein shall be deemed to authorize
the Administrative Agent to authorize or consent to or accept or adopt on behalf of any Lender or any L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or any L/C
Issuer to authorize the Administrative Agent to vote in respect of the claim of any Lender or any L/C Issuer in any such proceeding. 

  
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 9.10 Collateral and Guarantee Matters. Without limiting the provisions of
Section 9.09, each of the Lenders (including in its capacities as a potential Cash Management Bank and a potential Hedge Bank) and the L/C Issuers irrevocably authorize the Administrative Agent to, and the Administrative Agent will
(subject, prior to the Senior Second Lien Termination Date (in each case except pursuant to subsection 9.10(a)(i) below), to a prior or simultaneous corresponding release under the Senior Second Lien Notes Indenture Documentation), upon
the request of the Borrower, 
 (a) release any Lien on any property granted to or held by the Administrative Agent or the
Collateral Agent under any Loan Document (i) upon termination of the Aggregate Commitments and payment in full of all Obligations (including Secured Hedge Agreements and Cash Management Obligations, but excluding other contingent
indemnification obligations not yet accrued and payable) and the expiration or termination of all Letters of Credit (other than (x) Letters of Credit, (y) obligations under Secured Hedge Agreements not yet due and payable, and
(z) Cash Management Obligations not yet due and payable, in each case of (x), (y) and (z) as to which other arrangements satisfactory to the Administrative Agent, and the relevant L/C Issuer, the relevant Hedge Bank or the relevant
Cash Management Bank, as applicable, shall have been made), (ii) at the time the property subject to such Lien is transferred or to be transferred as part of or in connection with any sale or other Disposition permitted hereunder or under any
other Loan Document, (iii) subject to Section 10.01, if approved, authorized or ratified in writing by the Majority Lenders, or (iv) if the property subject to such Lien is owned by a Guarantor, upon release of such Guarantor
from its obligations under its Guaranty pursuant to this Section; 
 (b) release any Guarantor from its obligations under any of
the Guaranties if such Person ceases to be a Subsidiary as a result of a transaction permitted hereunder; 
 (c) release or
subordinate any Lien on any property granted to or held by the Administrative Agent or the Collateral Agent under any Loan Document to the holder of any Lien on such property that is permitted by Section 7.01(i); 

(d) release any Subsidiary Guarantor from its obligations under the applicable Guaranty if such Person ceases to be a Restricted
Subsidiary as a result of a transaction or designation permitted hereunder; 
 (e) release any Subsidiary Guarantor that ceases
to be a Material Subsidiary (after receipt by the Administrative Agent of a written certificate of a Responsible Officer certifying thereto) and release any Liens granted by such Subsidiary Guarantor; and 

(f) upon (i) the Senior Second Lien Termination Date, (ii) the cancellation and termination of all guaranties of the Loan
Parties securing the Senior Second Lien Notes and (iii) the release by the holders of the Senior Second Lien Notes of all collateral of the Nexstar Entities and the Mission Entities securing the Senior Second Lien Notes, release (A) Real
Properties owned by the Nexstar Entities and the Mission Entities to the extent (and only to the extent) such Real Property has a book value of less than $1,500,000, (B) all deposit account control agreements entered into with the Collateral
Agent with respect to all deposit accounts owned by the Nexstar Entities and the Mission Entities and (C) all Liens in favor of the Collateral Agent noted on the certificates of title for all motor vehicles owned by the Nexstar Entities and the
Mission Entities. 

  
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 Upon request by the Administrative Agent at any time, the Majority Lenders will confirm in
writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under the applicable Guaranty pursuant to this
Section 9.10. In each case as specified in this Section 9.10, the Administrative Agent will promptly (and each Lender irrevocably authorizes the Administrative Agent to), at the Borrower’s expense, execute and deliver to
the applicable Loan Party or any Restricted Subsidiary such documents as the Borrower may reasonably request to evidence the release of such item of Collateral from the assignment and security interest granted under the Security Documents or to
subordinate its interest in such item, or to release such Guarantor from its obligations under the applicable Guaranty, in each case in accordance with the terms of the Loan Documents and this Section 9.10. 

9.11 Cash Management Obligations and Secured Hedge Agreements. No Cash Management Bank or Hedge Bank that obtains the benefits of
Section 8.04, any Guaranty or any Collateral by virtue of the provisions hereof or of any Guaranty or any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under
any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents.
Notwithstanding any other provision of this Article IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Cash Management
Obligations and Obligations arising under Secured Hedge Agreements unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the
applicable Cash Management Bank or Hedge Bank, as the case may be. 
 ARTICLE X 

MISCELLANEOUS 

10.01 Amendments, Etc. Except as otherwise set forth in this Agreement, no amendment or waiver of any provision of this Agreement
or any other Loan Document, and no consent to any departure by the Borrower, any other Loan Party or any Restricted Subsidiary therefrom, shall be effective unless (i) in writing signed by the Majority Lenders and the Borrower or the applicable
Loan Party, as the case may be, (ii) a comparable amendment or waiver, or consent to departure, is entered into among the required parties to the Mission Credit Agreement and the Mission Loan Documents (but only to the extent the provisions of
the Mission Credit Agreement and the Mission Loan Documents subject to such amendment, waiver or consent to departure are comparable to this Agreement and the other Loan Documents, as applicable) and (iii) acknowledged by the Administrative
Agent, and each such amendment, waiver or consent shall be effective only in the specific instance and for the specific purpose for which given; provided, that no such amendment, waiver or consent shall: 

  
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 (a) extend or increase the Commitment of any Lender (except pursuant to
Section 10.21, the Revolver Reallocation Letter and the Term B Reallocation Letter) (or reinstate any Commitment terminated pursuant to Section 8.02) without the written consent of each Lender directly adversely affected
thereby (it being understood that a waiver of any condition precedent set forth in Section 4.02 or the waiver of any Default, mandatory prepayment or mandatory reduction of the Commitments shall not constitute an extension or increase of
any Commitment of any Lender); 
 (b) postpone any date scheduled for, or reduce the amount of, any payment of principal
or interest under Section 2.07 or Section 2.08 without the written consent of each Lender entitled to such payment, it being understood that the waiver of (or amendment to the terms of) any mandatory prepayment of the Term
Loans shall not constitute a postponement of any date scheduled for the payment of principal or interest; 
 (c) reduce the
principal of, or the rate of interest specified herein on, any Loan or L/C Borrowing, or (subject to clause (iv) of the second proviso to this Section 10.01) any fees or other amounts payable hereunder or under any other Loan
Document without the written consent of each Lender directly adversely affected thereby; provided, however, that only the consent of the Majority Lenders shall be necessary to amend the definition of “Default Rate” or to
waive any obligation of the Borrower to pay interest or Letter of Credit Fees at the Default Rate; 
 (d) change
Section 8.04 or Section 2.13 in a manner that would alter the pro rata sharing of payments required thereby without the written consent of each Lender adversely affected thereby; 

(e) change (i) any provision of this Section 10.01 or the definition of “Majority Lenders” or any other
provision hereof specifying the number or percentage of Lenders required to amend, waive or otherwise modify any rights hereunder or make any determination or grant any consent hereunder, without the written consent of each Lender materially and
adversely affected thereby, or (ii) the order of application of any reduction in the Commitments or any prepayment of Loans among the Facilities and Incremental Facilities from the application thereof set forth in the applicable provisions of
Section 2.05(b) or 2.06(b), respectively, in any manner that materially and adversely affects any tranche under the Facilities and Incremental Facility without the written consent of the majority of the holders (such majority to
be determined in a manner consistent with the methodology used in the definition of Required Revolving Credit Lenders) of each such tranche that is materially and adversely affected thereby; 

(f) release all or substantially all of the Collateral in any transaction or series of related transactions, without the written consent
of each Lender; provided that any transaction permitted under Section 7.04 or Section 7.05 shall not be subject to this clause (f) to the extent such transaction does not result in the release of all or
substantially all of the Collateral; or 
 (g) release all or substantially all of the value of the Guaranties in any
transaction or series of related transactions, without the written consent of each Lender; provided that any transaction permitted under Section 7.04 or Section 7.05 shall not be subject to this clause (g)
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 and provided, further, that (i) no amendment, waiver or consent shall, unless in writing
and signed by each L/C Issuer in addition to the Lenders required above, affect the rights or duties of an L/C Issuer under this Agreement or any Issuer Document relating to any Letter of Credit issued or to be issued by it, (ii) no amendment,
waiver or consent shall, unless in writing and signed by the Swing Line Lender in addition to the Lenders required above, affect the rights or duties of the Swing Line Lender under this Agreement, (iii) no amendment, waiver or consent shall,
unless in writing and signed by the Administrative Agent or the Collateral Agent, as applicable, in addition to the Lenders required above, affect the rights or duties of the Administrative Agent or the Collateral Agent, as applicable, under this
Agreement or any other Loan Document, (iv) the Fee Letters may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto, (v) any amendment or waiver that by its terms affects the rights or
duties of Lenders holding Loans or Commitments of a particular Class (but not the Lenders holding Loans or Commitments of any other Class) will require only the requisite percentage in interest of the affected Class of Lenders that would be required
to consent thereto if such Class of Lenders were the only Class of Lenders and (vi) with respect to reallocation of (A) the Revolving Credit Commitment in connection with the Revolver Reallocation Letter, the Revolver Reallocation Letter
and any waiver, consent or other amendment to any term or provision of this Agreement necessary or advisable to effectuate any reallocation of the Revolving Credit Commitments in accordance with the terms or the intent of the Revolver Reallocation
Letter, shall be effective when executed by the Borrower, the Administrative Agent and the Required Revolving Credit Lenders and (B) the Term B Commitment in connection with the Term B Reallocation Letter, the Term B Reallocation
Letter and any waiver, consent or other amendment to any term or provision of this Agreement necessary or advisable to effectuate any reallocation of the Term B Commitments in accordance with the terms or the intent of the Term B
Reallocation Letter, shall be effective when executed by the Borrower, the Administrative Agent and the Required Term B Lenders. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove
any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting
Lenders), except that (1) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (2) any waiver, amendment or modification requiring the consent of all Lenders or each affected
Lender that by its terms affects any Defaulting Lender disproportionately adversely relative to other affected Lenders shall require the consent of such Defaulting Lender. 
 Notwithstanding the foregoing, (x) the Letter of Credit Sublimit may be increased with the consent of the Required Revolving Credit Lenders, each L/C Issuer and the Administrative Agent, (y) the
Swing Line Sublimit may be increased with the consent of the Required Revolving Credit Lenders, the Swing Line Lender and the Administrative Agent and (z) this Agreement may be amended (or amended and restated) with the written consent of the
Majority Lenders, the Administrative Agent and the Borrower (i) to add one or more additional credit facilities to this Agreement and to permit the extensions of credit and all related obligations and liabilities from time to time outstanding
thereunder and the accrued interest and fees in respect thereof to share ratably (or on a basis subordinated to the existing facilities hereunder) in the benefits of this Agreement and the other Loan Documents with the Term Loans, the Revolving
Credit Loans, the Incremental Revolving Facilities, the Incremental Term Loans, if any, and the 

  
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accrued interest and fees in respect thereof and (ii) in connection with the foregoing, to permit, as deemed appropriate by the Administrative Agent and approved by the Majority
Lenders, the Lenders providing such additional credit facilities to participate in any required vote or action required to be approved by the Majority Lenders or by any other number, percentage or class of Lenders hereunder. 

Notwithstanding anything to the contrary contained in this Section 10.01, (a) the Borrower and the Administrative Agent may, without the
input or consent of the Lenders, effect amendments to this Agreement and the other Loan Documents as may be necessary or appropriate in the opinion of the Administrative Agent to effect the provisions of Sections 2.14 and 2.15,
(b) the Administrative Agent is hereby authorized by the Lenders to approve the forms of Security Documents as contemplated herein, and to enter into any Loan Documents in such forms as approved by it on or prior to the Closing Date (and
thereafter as contemplated by the provisions of this Credit Agreement), (c) the Administrative Agent shall be permitted to agree to the form of, and approve such modifications to, the Schedules hereto on or prior to the Closing Date as shall be
reasonably satisfactory to the Administrative Agent, (d) the Borrower and the Administrative Agent may (and the Borrower, solely to the extent required pursuant to the Arranger Fee Letter, shall), without the input or consent of the Lenders,
effect amendments to this Agreement and the other Loan Documents as may be necessary or appropriate in the opinion of the Arrangers in connection with the syndication of the Facilities that are consistent with the market flex provisions of the
Arranger Fee Letter as in effect on the Closing Date or, with the consent of the Borrower, otherwise not materially adverse to the Lenders (or one or more Facilities thereof), (e) if the Administrative Agent and the Borrower have jointly
identified an obvious error or any error or omission, in each case, in any Loan Document, then the Administrative Agent and the Borrower shall be permitted to amend such provision without the input or consent of the Lenders and (f) any
guarantees, collateral security documents, Intercreditor Agreements and related documents executed by the Borrower or any Subsidiaries in connection with this Agreement may be in a form reasonably determined by the Administrative Agent and may be,
together with this Agreement, amended, supplemented and waived with the consent of the Administrative Agent at the request of the Borrower without the need to obtain the consent of any other Lender if such amendment, supplement or waiver is
delivered in order (i) to comply with local Law or advice of local counsel, (ii) to cure ambiguities, omissions, mistakes or defects or (iii) to cause such guarantee, collateral security document or other document to be consistent
with this Agreement and the other Loan Documents. 
 10.02 Notices; Effectiveness; Electronic Communications. 

(a) Notices Generally. Except in the case of notices and other communications expressly permitted to be given by telephone (and
except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by
facsimile as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i) if to the Borrower, any other Loan Party or any Restricted Subsidiary, the Administrative Agent, an L/C Issuer or the
Swing Line Lender, to the address, facsimile number, electronic mail address or telephone number specified for such Person on Schedule 10.02; and 

  
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 (ii) if to any other Lender, to the address, facsimile number, electronic
mail address or telephone number specified in its Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the delivery of notices
that may contain material non-public information relating to the Borrower). 
 Notices and other communications sent by hand or overnight
courier service, or mailed by certified or registered mail, shall be deemed to have been given when received, and notices and other communications sent by facsimile shall be deemed to have been given when sent (except that, if not given during
normal business hours for the recipient, shall be deemed to have been given at the opening of business on the next Business Day for the recipient). Notices and other communications delivered through electronic communications to the extent provided
in subsection (b) below shall be effective as provided in such subsection (b). 
 (b) Electronic
Communications. Notices and other communications to the Lenders and the L/C Issuers hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the
Administrative Agent; provided that the foregoing shall not apply to notices to any Lender or any L/C Issuer pursuant to Article II if such Lender or such L/C Issuer, as applicable, has notified the Administrative Agent that it is
incapable of receiving notices under such Article by electronic communication. The Administrative Agent, the Swing Line Lender, each L/C Issuer or the Borrower may each, in its discretion, agree to accept notices and other communications to it
hereunder by electronic communications pursuant to procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. 

Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed
received upon the sender’s receipt of an acknowledgement from the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement) and (ii) notices or
communications posted to an Internet or intranet website shall be deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or
communication is available and identifying the website address therefor; provided that, for both clauses (i) and (ii), if such notice, email or other communication is not sent during the normal business hours of the
recipient, such notice, email or communication shall be deemed to have been sent at the opening of business on the next Business Day for the recipient. 
 (c) The Platform. 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-

  
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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”) have any liability to the Borrower, any Lender, any L/C Issuer 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 any other Loan Party’s, or the Administrative Agent’s transmission of Borrower Materials through the Internet, except to the extent that such losses,
claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Agent Party; provided, however, that
in no event shall any Agent Party have any liability to the Borrower, any Lender, any L/C Issuer or any other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 

(d) Change of Address, Etc. Each of the Borrower, the Administrative Agent, the L/C Issuers and the Swing Line Lender may change
its address, facsimile or telephone number for notices and other communications hereunder by notice to the other parties hereto. Each other Lender may change its address, facsimile or telephone number for notices and other communications hereunder
by notice to the Borrower, the Administrative Agent, the L/C Issuers and the Swing Line Lender. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent has on record (i) an
effective address, contact name, telephone number, facsimile number and electronic mail address to which notices and other communications may be sent and (ii) accurate wire instructions for such Lender. Furthermore, each Public Lender agrees to
cause at least one individual at or on behalf of such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender
or its delegate, in accordance with such Public Lender’s compliance procedures and applicable Law, including United States Federal and state securities Laws, to make reference to Borrower Materials that are not made available through the
“Public Side Information” portion of the Platform and that may contain material non-public information with respect to the Borrower or its securities for purposes of United States Federal or state securities laws. 

(e) Reliance by Administrative Agent, L/C Issuers and Lenders. The Administrative Agent, the L/C Issuers and the Lenders shall be
entitled to rely and act upon any notices (including telephonic or electronic Loan Notices, Letter of Credit Applications and Swing Line Loan Notices) purportedly given by or on behalf of the Borrower even if (i) such notices were not made in a
manner specified herein, were incomplete or were not preceded or followed by any other form of notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof. The Borrower shall
indemnify the Administrative Agent, each L/C Issuer, each Lender and the Related Parties of each of them from all losses, costs, expenses and liabilities resulting from the reliance in good faith by such Person on each notice purportedly given by or
on behalf of the Borrower. All telephonic notices to and other telephonic communications with the Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording. 

(f) Notice to Other Nexstar Entities. The Borrower agrees that notices to be given to any other Nexstar Entity under this
Agreement or any other Loan Document may be given to the Borrower in accordance with the provisions of this Section 10.02 with the same effect as if given to such other Nexstar Entity in accordance with the terms hereunder or thereunder.

  
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 10.03 No Waiver; Cumulative Remedies; Enforcement. No failure by any Lender, any L/C
Issuer or the Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder or under any other Loan Document 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, and provided
under each other Loan Document, are cumulative and not exclusive of any rights, remedies, powers and privileges provided by Law. 
 Notwithstanding anything to the contrary contained herein or in any other Loan Document, the authority to enforce rights and remedies hereunder and under the other Loan Documents against the Loan Parties
and the Restricted Subsidiaries, or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative Agent and the Collateral
Agent in accordance with Section 8.02 for the benefit of all the Lenders and each L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the Administrative Agent from exercising on its own behalf the
rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Loan Documents, (b) any L/C Issuer or the Swing Line Lender from exercising the rights and remedies that inure to its
benefit (solely in its capacity as an L/C Issuer or Swing Line Lender, as the case may be) hereunder and under the other Loan Documents, (c) any Lender from exercising setoff rights in accordance with Section 10.08 (subject to the
terms of Section 2.13), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any Loan Party or any Restricted Subsidiary under any Debtor
Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Loan Documents, then (i) the Majority Lenders shall have the rights otherwise ascribed to the
Administrative Agent pursuant to Section 8.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to Section 2.13, any Lender may,
with the consent of the Majority Lenders, enforce any rights and remedies available to it and as authorized by the Majority Lenders. 
 10.04 Expenses; Indemnity; Damage Waiver. 
 (a) Costs and Expenses.
The Borrower agrees to pay or reimburse (i) all reasonable and documented or invoiced out-of-pocket costs and expenses incurred by the Administrative Agents and the Arrangers associated with the syndication of the Term Loans and Revolving
Credit Loans (including reasonable and documented out-of-pocket travel expenses) and the preparation, negotiation and enforcement of this Agreement and the other Loan Documents (whether or not the transactions contemplated thereby are consummated),
including all Attorney Costs of Winstead PC (and any other counsel retained with the Borrower’s consent), one special FCC counsel to the Administrative Agent and, if necessary, one local and foreign counsel in each relevant jurisdiction (which
may include a single special counsel acting in multiple jurisdictions), (ii) the Agents, Swing Line Lender, each L/C Issuer and the Lenders for all reasonable and documented or invoiced out-of-pocket costs and expenses incurred in connection
with the 

  
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enforcement of any rights or remedies under this Agreement or the other Loan Documents (including all costs and expenses incurred in connection with any workout in respect of the Loans, all such
costs and expenses incurred during any legal proceeding, including any proceeding under any Debtor Relief Law, and including all Attorney Costs of one counsel to the Agents, Swing Line Lender, each L/C Issuer and the Lenders (and any other counsel
retained with the Borrower’s consent), one special FCC counsel to the Administrative Agent and, if necessary, one local and foreign counsel in each relevant jurisdiction (which may include a single special counsel acting in multiple
jurisdictions) and, in the case of an actual or perceived conflict of interest where the Person affected by such conflict informs the Borrower of such conflict of interest and thereafter retains its own counsel, of another firm for counsel for such
affected Person, and (iii) the Administrative Agent for all reasonable and documented or invoiced out-of-pocket costs and expenses associated with the administration, amendment, modification, waiver and/or enforcement of this Agreement and the
other Loan Documents, including, without limitation, assignment and unwind costs under Section 10.06, including all Attorney Costs of one counsel to the Administrative Agent (and any other counsel retained with the Borrower’s
consent), one special FCC counsel to the Agents, Swing Line Lender, each L/C Issuer and the Lenders, and, if necessary, one local and foreign counsel in each relevant jurisdiction (which may include a single special counsel acting in multiple
jurisdictions). The foregoing costs and expenses shall include all reasonable search, filing, recording and title insurance charges and fees related thereto, and other reasonable and documented out-of-pocket expenses incurred by any Agent. The
agreements in this Section 10.04 shall survive the termination of the Aggregate Commitments and repayment of all other Obligations. All amounts due under this Section 10.04 shall be paid within ten Business Days of receipt by
the Borrower of an invoice relating thereto setting forth such expenses in reasonable detail. If any Loan Party fails to pay when due any costs, expenses or other amounts payable by it hereunder or under any Loan Document, such amount may be paid on
behalf of such Person by the Administrative Agent in its sole discretion. 
 (b) Indemnification by the Borrower. The
Borrower shall indemnify each Agent (and any sub-agent thereof), each Arranger, the Syndication Agent, the Documentation Agent, each Lender and each L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being called an
“Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, liabilities, damages, claims, and reasonable and documented or invoiced out-of-pocket expenses, including, without limitation, assignment and unwind
costs under Section 10.06 (including the reasonable and documented fees, charges and disbursements and other charges of (i) one counsel for all Indemnitees and, in the case of an actual or perceived conflict of interest, where the
Indemnitee affected by such conflict informs the Borrower of such conflict of interest and thereafter retains its own counsel, of another firm of counsel for such affected Indemnitee, and (ii) if necessary, one firm of local counsel in each
appropriate jurisdiction (which may include a single special counsel acting in multiple jurisdictions)) of any such Indemnitee arising out of or relating to any claim or any litigation or other proceeding (regardless of whether such Indemnitee is a
party thereto and whether or not such proceedings are brought by the Borrower, the Mission Borrower, their equity holders, their Affiliates, creditors or any other third person) that relates to the Transaction including the financing contemplated
hereby in any way relating to, arising out of, in connection with, or as a result of (A) the execution, delivery or enforcement of this Agreement, any other Loan Document or any agreement, instrument or letter contemplated hereby or thereby,
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obligations hereunder or thereunder or the consummation of the transactions contemplated hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its Related
Parties only, the administration of this Agreement and the other Loan Documents (including in respect of any matters addressed in Section 3.01), (B) any Commitment, Loan or Letter of Credit or the use or proposed use of the proceeds
therefrom (including any refusal by an L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply with the terms of such Letter of Credit), (C) any actual
or alleged presence or release of Hazardous Materials on or from any property owned or operated by the Borrower or any of its Subsidiaries, or any Environmental Liability related in any way to the Borrower or any of its Subsidiaries, or (D) any
actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory, whether brought by a third party or by the Borrower or any other Loan Party, Subsidiary of a
Loan Party or any of the Borrower’s or such Loan Party’s or Subsidiary of a Loan Party’s directors, equityholders, Affiliates or creditors, and regardless of whether any Indemnitee is a party thereto, IN ALL CASES, WHETHER OR NOT
CAUSED BY OR ARISING, IN WHOLE OR IN PART, OUT OF THE COMPARATIVE, CONTRIBUTORY OR SOLE NEGLIGENCE OF THE INDEMNITEE; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims,
damages, liabilities or related expenses (1) are determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from the gross negligence, bad faith or willful misconduct of such Indemnitee or its Related
Indemnified Persons, (2) are determined by a court of competent jurisdiction by a final and nonappealable judgment to have resulted from a material breach of the Loan Documents by such Indemnitee or one of its Affiliates or (3) disputes to
the extent such disputes do not arise from any act or omission of the Borrower or any of its Affiliates and that is brought by an Indemnitee against any other Indemnitee (other than claims against an Indemnitee acting is its capacity as an L/C
Issuer, Arranger, Syndication Agent, Documentation Agent or similar role under the Loan Documents or an Arranger or an Initial Lender, solely in connection with its syndication activities, but, in each case, solely to the extent that such
indemnification would not be denied pursuant to subclause (A) preceding). Without limiting the provisions of Section 3.01(c), this Section 10.04(b) shall not apply with respect to Taxes other than any Taxes that
represent losses, claims, damages, etc. arising from any non-Tax claim. 
 (c) Reimbursement by Lenders. To the extent
that the Borrower for any reason fails to indefeasibly pay any amount required under subsection (a) or (b) of this Section to be paid by it to any Agent (or any sub-agent thereof), any L/C Issuer, the Swing Line Lender
or any Related Party of any of the foregoing, each Lender severally agrees to pay to such Agent (or any such sub-agent), each L/C Issuer, the Swing Line Lender or such Related Party, as the case may be, such Lender’s pro rata share (determined
as of the time that the applicable unreimbursed expense or indemnity payment is sought based on each Lender’s share of the total credit exposure under the Facilities and Incremental Facilities, this Agreement and under the Mission Credit
Agreement and Mission Loan Documents at such time) of such unpaid amount (including any such unpaid amount in respect of a claim asserted by such Lender), such payment to be made severally among them based on such Lenders’ Applicable Percentage
(determined as of the time that the applicable unreimbursed expense or indemnity payment is sought), provided, further that, the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as the case may be,
was incurred by or asserted against such Agent (or any such sub-agent), an 

  
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L/C Issuer or the Swing Line Lender in its capacity as such, or against any Related Party of any of the foregoing acting for such Agent (or any such sub-agent), such L/C Issuer or the Swing Line
Lender in connection with such capacity. The obligations of the Lenders under this subsection (c) are subject to the provisions of Section 2.12(d). 
 (d) Waiver of Consequential Damages, Etc. No Indemnitee or any Loan Party shall have any liability for any special, indirect, consequential or punitive damages (as opposed to direct or actual
damages) arising out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of
the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such
Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Agreement or the other Loan Documents or the transactions contemplated hereby or thereby other than for direct or actual damages
resulting from the gross negligence, bad faith or willful misconduct of such Indemnitee as determined by a final and nonappealable judgment of a court of competent jurisdiction. 

(e) Payments. All amounts due under this Section shall be payable not later than ten Business Days after demand therefor,
provided, however, that any Indemnitee that has received any indemnification payment pursuant to the express provisions of clause (b) preceding, shall promptly refund such payment to the extent that there is a final and nonappealable
judgment of a court of competent jurisdiction that such Indemnitee was not entitled to such indemnification payment pursuant to the express provisions of clause (b) preceding. 

(f) Survival. The agreements in this Section and the indemnity provisions of Section 10.02(e) shall survive the
resignation of the Administrative Agent, the Collateral Agent, any L/C Issuer and the Swing Line Lender, the replacement of any Lender, the termination of the Aggregate Commitments and the repayment, satisfaction or discharge of all the other
Obligations. 
 10.05 Payments Set Aside. To the extent that any payment by or on behalf of the Borrower is made to any
Agent, any L/C Issuer or any Lender, or any Agent, any L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or
preferential, set aside or required (including pursuant to any settlement entered into by the Administrative Agent, such L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any
proceeding under any Debtor Relief Law or otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not
been made or such setoff had not occurred, and (b) each Lender and each L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by any
Agent, plus interest thereon from the date of such demand to the date such payment is made at a rate per annum equal to the applicable Overnight Rate. The obligations of the Lenders and the L/C Issuers under clause (b) of the
preceding sentence shall survive the payment in full of the Obligations and the termination of this Agreement. 

  
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 10.06 Successors and Assigns. 

(a) Successors and Assigns Generally. 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, except as otherwise provided herein (including without limitation as permitted under Section 7.04) 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 no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an
assignee in accordance with the provisions of subsection (b) of this Section, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section, or (iii) by way of pledge or assignment
of a security interest subject to the restrictions of subsection (e) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). 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 subsection (d) of this Section and, to the extent expressly
contemplated hereby, the Related Parties of each of the Administrative Agent, the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 

(b) Assignments by Lenders. 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 Commitment(s) and the Loans (including for purposes of this Section 10.06(b), participations in L/C Obligations and in Swing Line Loans) at the time owing to it);
provided that (in each case with respect to any Facility and any Incremental Facility) any such assignment shall be subject to the following conditions: 
 (i) Minimum Amounts. 
 (A) in the case of an assignment of
the entire remaining amount of the assigning Lender’s Commitment under any Facility or Incremental Facility and/or the Loans at the time owing to it under such Facility or Incremental Facility or contemporaneous assignments to related
Affiliates or Approved Funds of a Lender that equal at least the amount specified in subsection (b)(i)(B) of this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no
minimum amount need be assigned; and 
 (B) in any case not described in subsection (b)(i)(A) of this
Section, the aggregate amount of the Commitment (which for this purpose includes Loans outstanding thereunder) or, if the applicable Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to
each such assignment, determined as of the date the Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date,
shall not be less than $5,000,000, in the case of any assignment in respect of the Revolving Credit Facility, or $1,000,000, in the case of any assignment in respect of the Term B Facility, unless each of the Administrative Agent and, so
long as no Event of Default under Section 8.01(a), (f) or (g) has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed); 

  
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 (ii) Proportionate Amounts. 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 with respect to the Loans or the Commitment assigned, except that this clause (ii) shall not (A) apply to
the Swing Line Lender’s rights and obligations in respect of Swing Line Loans or (B) prohibit any Lender from assigning all or a portion of its rights and obligations among separate Facilities and separate Incremental Facilities on a
non-pro rata basis. Notwithstanding the foregoing or any other provision in any Loan Document to the contrary, each assignment of Loans hereunder must be consummated simultaneously with an assignment among the same parties of a corresponding
percentage of the corresponding Class under the corresponding Mission Facility or Mission Incremental Facility of Mission Loans and/or Mission Commitments (as applicable) under the Mission Credit Agreement in accordance with the terms of the Mission
Credit Agreement; 
 (iii) Required Consents. No consent shall be required for any assignment except to
the extent required by subsection (b)(i)(B) of this Section and, in addition: 
 (A) the consent
of the Borrower (such consent not to be unreasonably withheld or delayed) shall be required unless (1) an Event of Default under Section 8.01(a), (f) or (g) has occurred and is continuing at the time of such
assignment, or (2) such assignment is to a Lender, an Affiliate of a Lender or an Approved Fund; provided that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the
Administrative Agent within ten Business Days after having received notice thereof; and provided, further, that notwithstanding the foregoing, during the 30 day period following the Closing Date, the Borrower shall be deemed to have
consented to an assignment to any Lender if such Lender was previously identified in the initial allocations of the Loans provided by the Arrangers to the Borrower and reviewed and approved by the Borrower (such approval not to be unreasonably
withheld or delayed) in writing on or prior to the Closing Date; 
 (B) the consent of the Administrative Agent
(such consent not to be unreasonably withheld or delayed) shall be required for assignments in respect of (1) any Commitment, Revolving Credit Loan or Incremental Revolving Credit Loan if such assignment is to a Person that is not a Lender with
a Commitment in respect of the applicable Facility or Incremental Facility, an Affiliate of such Lender or an Approved Fund with respect to such Lender or (2) any Term Loan to a Person that is not a Lender, an Affiliate of a Lender or an
Approved Fund; and 
 (C) the consent of each of the L/C Issuers and the Swing Line Lender shall be required for
any assignment in respect of the Revolving Credit Facility and Incremental Revolving Facility; provided that no consent of the L/C Issuers and the Swing Line Lender shall be required for any assignment of a Revolving Credit Commitment or
Revolving Credit Loan to a Revolving Credit Lender or an Incremental Revolving Commitment or Loan under the Incremental Revolving Facility to a Revolving Credit Lender or Incremental Revolving Lender. 

  
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 (iv) Assignment and Assumption. The parties to each assignment shall
execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in the amount of $3,500; provided, however, that (A) the Administrative Agent may, in its sole
discretion, elect to waive such processing and recordation fee in the case of any assignment and (B) only one such fee shall be payable with respect to the assignment of Loans hereunder and the simultaneous assignment among the parties of a
corresponding percentage of the corresponding Class of Mission Loans and/or Mission Commitments (as applicable). The assignee, if it is not a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire and any documentation
required by Section 3.01. 
 (v) No Assignment to Certain Persons. No such assignment shall be
made (A) to any Affiliate of the Borrower (other than Affiliated Debt Funds, so long as such assignment to an Affiliated Debt Fund is made in accordance with subsections (b), (g), (h) and (i) of this
Section 10.06), (B) to any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would constitute any of the foregoing Persons described in this clause (B), (C) to a natural
person, (D) to any Disqualified Lender, (E) to any Affiliate of any Mission Entity, (F) to any Mission Entity or any Nexstar Entity or (G) to any Person, if such assignment would cause any Loan Party or the assignee to be in
material violation of the Communication Laws. 
 (vi) Certain Additional Payments. In connection with any
assignment of rights and obligations of any Defaulting Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional
payments to the Administrative Agent in an aggregate amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions,
including funding, with the consent of the Borrower and the Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby
irrevocably consent), to (A) pay and satisfy in full all payment liabilities then owed by such Defaulting Lender to the Administrative Agent, any L/C Issuer or any Lender hereunder (and interest accrued thereon) and (B) acquire (and fund
as appropriate) its full pro rata share of all Loans and participations in Letters of Credit and Swing Line Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations
of any Defaulting Lender hereunder shall become effective under applicable Law without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Agreement
until such compliance occurs. 
 Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c)
of this Section, from and after the effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Agreement and, to the extent of the 

  
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interest assigned by such Assignment and Assumption, 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 Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption 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 3.01, 3.04, 3.05 and 10.04 with respect to facts and circumstances occurring prior to the effective date of such assignment;
provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a
Defaulting Lender. Upon request, and the surrender by the assigning Lender of its Note (if any), the Borrower (at its expense) shall execute and deliver a Note to the assignee Lender. Any assignment or transfer by a Lender of rights or obligations
under this Agreement that does not comply with this subsection 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 subsection (d) of this
Section. 
 For greater certainty, any assignment by a Lender pursuant to this Section 10.06 shall not in any way constitute or be
deemed to constitute a novation, discharge, recession, extinguishment or substitution of the existing Indebtedness and any Indebtedness so assigned shall continue to be the same obligation and not a new obligation. 

(c) Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrower (and such agency being solely
for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption delivered to it (or the equivalent thereof in electronic form) and a register for the recordation of the names and addresses of the
Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans and L/C Obligations owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall
be conclusive absent manifest error, and the Borrower, the Administrative 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. The
Register shall be available for inspection by the Borrower, any Agent and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 
 (d) Participations. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, sell participations to any Person (other than a natural Person or a
Defaulting Lender) (each, a “Participant”) in all or a portion of such Lender’s rights and/or obligations under this Agreement (including all or a portion of its Commitment and/or the Loans (including such Lender’s
participations in L/C Obligations and/or Swing Line Loans) owing to it); provided that (i) such Lender’s obligations under this Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other
parties hereto for the performance of such obligations, (iii) the Borrower, the Administrative Agent, the Lenders and the L/C Issuers shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and
obligations under this Agreement, and (iv) no Lender shall sell a participation if such sale would cause any Loan Party or the Participant to be in violation of any material Communications Law. For the avoidance of doubt, each Lender shall be
responsible for the indemnity under Section 10.04(c) without regard to the existence of any participation. 

  
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 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 the other Loan Documents and to approve any amendment, modification or waiver of any provision of this Agreement or the other Loan Documents; provided that
such agreement or instrument may provide that such Lender will not, without the consent of the Participant, agree to any amendment, waiver or other modification described in the first proviso to Section 10.01 that directly affects such
Participant. The Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment pursuant to
subsection (b) of this Section (it being understood that the documentation required under Section 3.01(e) shall be delivered to the Lender who sells the participation) to the same extent as if it were a Lender and had
acquired its interest by assignment pursuant to subsection (b) of this Section; provided that such Participant (A) agrees to be subject to the provisions of Sections 3.06 and 10.13 as if it were an assignee
under subsection (b) of this Section and (B) shall not be entitled to receive any greater payment under Sections 3.01 or 3.04, with respect to any participation, than the Lender from whom it acquired the
applicable participation would have been entitled to receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that
sells a participation agrees, at the Borrower’s request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 3.06 with respect to any Participant. To the extent permitted by
Law, each Participant also shall be entitled to the benefits of Section 10.08 as though it were a Lender; provided that such Participant agrees to be subject to Section 2.13 as though it were a Lender. Each Lender that
sells a participation shall, acting solely for this purpose as an agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s
interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the
identity of any Participant or any information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Loan Document) to any Person except to the extent that such disclosure is
necessary to establish that such commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive
absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any notice to the contrary. For the avoidance of
doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 
 (e) Certain Pledges. Any Lender may at any time, without the consent of, or notice to, the Borrower or the Administrative Agent, pledge or assign a security interest in all or any portion of
its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall
release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 

  
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 (f) Resignation as L/C Issuer or Swing Line Lender after Assignment. Notwithstanding
anything to the contrary contained herein, if at any time Bank of America assigns all of its Revolving Credit Commitment and Revolving Credit Loans pursuant to Section 10.06(b), Bank of America may, (i) upon 30 days’ notice to
the Borrower and the Lenders, resign as an L/C Issuer and/or (ii) upon 30 days’ notice to the Borrower, resign as Swing Line Lender and/or (iii) upon 30 days’ notice to the Borrower, resign as Collateral Agent. In the event of
any such resignation of an L/C Issuer, the Swing Line Lender or Collateral Agent, the Borrower shall be entitled to appoint from among the Lenders willing to accept its appointment a successor L/C Issuer, Swing Line Lender or Collateral Agent
hereunder (as applicable); provided, however, that no failure by the Borrower to appoint any such successor shall affect the resignation of the relevant L/C Issuer, Swing Line Lender or Collateral Agent, as the case may be. If an L/C
Issuer resigns as an L/C Issuer, it shall retain all the rights, powers, privileges and duties of an L/C Issuer hereunder with respect to all Letters of Credit issued by it and outstanding as of the effective date of its resignation as an L/C Issuer
and all L/C Obligations with respect thereto (including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). If Bank of America resigns as Swing Line
Lender, it shall retain all the rights of the Swing Line Lender provided for hereunder with respect to Swing Line Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Lenders to make Base
Rate Loans or fund risk participations in outstanding Swing Line Loans pursuant to Section 2.04(c). If Bank of America resigns as Collateral Agent, it shall retain all the rights of the Collateral Agent provided for hereunder with
respect to Collateral as of the effective date of such resignation. Upon the appointment of a successor L/C Issuer and/or Swing Line Lender and/or Collateral Agent (as applicable), (A) such successor shall succeed to and become vested with all
of the rights, powers, privileges and duties of the retiring L/C Issuer, Swing Line Lender or Collateral Agent, as the case may be, and (B) the successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if
any, outstanding at the time of such succession or make other arrangements satisfactory to the relevant L/C Issuer to effectively assume the obligations of the relevant L/C Issuer with respect to such Letters of Credit. 

(g) Assignments to Affiliated Debt Funds. Any Lender may, at any time, assign all or a portion of its Term Loans to a Person who
is or will become, after such assignment, an Affiliated Debt Fund and any Affiliated Debt Fund may assign Term Loans, subject to the following additional limitations: 

(i) the aggregate principal amount of all (A) Term B Loans and Incremental Term Loans and Term Loan Commitments held
at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Term B Loans and Incremental Term Loans and Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount
shall be null and void ab initio and (B) Mission Term B Loans and Mission Incremental Term Loans and Mission Term Loan Commitments held at any one time by Affiliated Debt Funds may not exceed 30% of the aggregate principal amount of all Mission
Term B Loans and Mission Incremental Term Loans and Mission Term Loan Commitments at such time outstanding, and any and each assignment in excess of such amount shall be null and void ab initio; 

  
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 (ii) no interest in the Revolving Credit Facility, the Mission Revolving
Credit Facility or any Incremental Revolving Facility or Mission Incremental Revolving Facility may be assigned to any Affiliated Debt Fund; and 
 (iii) each such assignment hereunder must be consummated concurrently with a corresponding assignment of Mission Term B Loans or Mission Incremental Term Loans (as applicable) in a corresponding
percentage. 
 (h) Notwithstanding anything in Section 10.01 or the definition of “Majority Lenders” or
“Required Term B Lenders” to the contrary, for purposes of determining whether the Majority Lenders or Required Term B Lenders, have (A) consented (or not consented) to any amendment or waiver of any provision of this Agreement or any
other Loan Document or any departure by any Loan Party therefrom, (B) otherwise acted on any matter related to any Loan Document, or (C) 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 Loan Document, all Loans held by Affiliated Debt Funds shall be deemed to be not outstanding to the extent such Loans would account for more than 50% of the amount of Loans and Commitments included in
determining whether the Majority Lenders or Required Term B Lenders have taken or consented to any action (it being understood that such excess amount of Loans and Commitments shall be deemed not to be outstanding on a pro rata basis among all
Affiliated Debt Funds in accordance with the respective amounts of such Loans and Commitments held by them). 
 (i) Each
Affiliated Debt Fund agrees to notify the Administrative Agent and the Borrower promptly (and in any event within 10 Business Days) if it acquires any Person who is also a Lender, and each Lender agrees to notify the Administrative Agent and the
Borrower promptly (and in any event within ten (10) Business Days) if it becomes an Affiliated Debt Fund. The Administrative Agent may conclusively rely upon any notice delivered pursuant to the immediately preceding sentence and shall not have
any liability for any resulting losses suffered by any Person as a result of any purported assignment to or from an Affiliated Debt Fund. Each of the parties hereto acknowledge that the Administrative Agent may conclusively rely upon the Register in
connection with any amendment or waiver hereunder and shall not have any responsibility for (A) monitoring any acquisition or disposition of Term B Loans or Incremental Term Loans by any Affiliated Debt Fund, (B) maintaining any register
of Affiliated Debt Funds or otherwise tracking assignments to Affiliated Debt Funds or (C) any losses suffered by any Person as a result of the failure of any Person to comply with any provisions of this Section 10.06. 

10.07 Treatment of Certain Information; Confidentiality. Each of the Agents, the Lenders and the L/C Issuers agrees to maintain
the confidentiality of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its Related Parties (it being understood that the Persons to whom such disclosure is made will be informed of the
confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent required or requested by any regulatory authority purporting to have jurisdiction over such Person or its Related Parties
(including any self-regulatory authority, such as the National Association of Insurance Commissioners) (in which case such Person agrees (except with respect to any audit or examination conducted by bank accountants or regulatory authority
exercising examination or regulatory authority), to the extent practicable and not prohibited by 

  
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applicable law, to inform you promptly thereof prior to disclosure), (c) to the extent required by applicable Laws or regulations or by any subpoena or similar legal process, (d) to any
other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Loan Document or any action or proceeding relating to this Agreement or any other Loan Document or the enforcement of rights hereunder or
thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in, any of its rights or obligations
under this Agreement or any Eligible Assignee invited to be a Lender pursuant to Section 2.14 or Section 10.01 or (ii) any actual or prospective party (or its Related Parties) to any swap, derivative or other transaction
under which payments are to be made by reference to the Borrower and its obligations, this Agreement or payments hereunder, (g) on a confidential basis to (i) any rating agency in connection with rating the Borrower or its Subsidiaries or
the credit facilities provided hereunder or (ii) the CUSIP Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with respect to the credit facilities provided
hereunder, (h)with the consent of the Borrower or (i) to the extent such Information (i) becomes publicly available other than as a result of a breach of this Section or (ii) becomes available to the Administrative Agent, any
Lender, any L/C Issuer or any of their respective Affiliates on a nonconfidential basis from a source other than the Borrower. For purposes of this Section, “Information” means all information received from the Borrower or any
Subsidiary relating to the Intermediate Parent, the Ultimate Parent, the Borrower or any Subsidiary or any of their respective businesses, other than any such information that is available to any Agent, any Lender or any L/C Issuer on a
nonconfidential basis prior to disclosure by the Borrower or any Subsidiary, provided that, in the case of information received from the Borrower or any Subsidiary after the date hereof, such information is clearly identified at the time of
delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the same degree of care to
maintain the confidentiality of such Information as such Person would accord to its own confidential information. 
 Each of the
Administrative Agent, the Lenders and the L/C Issuers acknowledges that (a) the Information may include material non-public information concerning the Borrower or a Subsidiary, as the case may be, (b) it has developed compliance procedures
regarding the use of material non-public information and (c) it will handle such material non-public information in accordance with applicable Law, including United States Federal and state securities Laws. 

10.08 Right of Setoff. If an Event of Default shall have occurred and be continuing, each Lender, each L/C Issuer and each of
their respective Affiliates is hereby authorized at any time and from time to time, after obtaining the prior written consent of the Administrative Agent, to the fullest extent permitted by applicable Law, to set off and apply any and all deposits
(general or special, time or demand, provisional or final, in whatever currency) at any time held and other obligations (in whatever currency) at any time owing by such Lender, such L/C Issuer or any such Affiliate to or for the credit or the
account of the respective Loan Parties and their Subsidiaries against any and all of the obligations of the Borrower, such Loan Party or such Subsidiary of any Loan Party now or hereafter existing under this Agreement or any other Loan Document to
such Lender or such L/C Issuer or their respective Affiliates, irrespective of whether or not such Lender, such L/C Issuer or Affiliate shall have made any demand under this 

  
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Agreement or any other Loan Document and although such obligations of the Borrower or such Loan Party or such Subsidiary of any Loan Party may be contingent or unmatured or are owed to a branch,
office or Affiliate of such Lender or the L/C Issuer different from the branch, office or Affiliate holding such deposit or obligated on such indebtedness; provided, that in the event that any Defaulting Lender shall exercise any such right
of setoff, (a) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the provisions of Section 2.16 and, pending such payment, shall be segregated by such
Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent, the relevant L/C Issuer and the Lenders, and (b) the Defaulting Lender shall provide promptly to the Administrative Agent a statement
describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender, each L/C Issuer and their respective Affiliates under this Section are in addition to
other rights and remedies (including other rights of setoff) that such Lender, the L/C Issuer or their respective Affiliates may have. Each Lender and each L/C Issuer agrees to notify the Borrower and the Administrative Agent promptly after any such
setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and application. 
 10.09 Interest Rate Limitation. Notwithstanding anything to the contrary contained in any Loan Document, the interest paid or agreed to be paid under the Loan Documents shall not exceed the maximum
rate of non-usurious interest permitted by applicable Law (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the
principal of the Loans or, if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to
the extent permitted by applicable Law, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate,
allocate, and spread in equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 
 10.10 Counterparts; Integration; Effectiveness. This Agreement and each other Loan Document may be executed in one or more counterparts (and by different parties hereto in different counterparts),
each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Agreement, and the other Loan Documents, and any separate letter agreements with respect to fees payable to the Administrative
Agent or each L/C Issuer, constitute the entire contract among the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as
provided in Section 4.01, this Agreement shall become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the
signatures of each of the other parties hereto. Delivery of an executed counterpart of a signature page of this Agreement and each other Loan Document by facsimile or other electronic imaging means (e.g. “pdf” or “tif”) shall be
effective as delivery of a manually executed counterpart of this Agreement and such other Loan Document. 

  
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 10.11 Survival of Representations and Warranties. All representations and warranties
made hereunder and in any other Loan Document or other document delivered pursuant hereto or thereto or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or
will be relied upon by each Agent and each Lender, regardless of any investigation made by any Agent or any Lender or on their behalf and notwithstanding that any Agent or any Lender may have had notice or knowledge of any Default at the time of any
Credit Extension, and shall continue in full force and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 

10.12 Severability. If any provision of this Agreement or the other Loan Documents is held to be illegal, invalid or
unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Agreement and the other Loan Documents shall not be affected or impaired thereby and (b) the parties shall endeavor in good faith negotiations
to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which come as close as possible to that of the illegal, invalid or unenforceable provisions. The invalidity of a provision in a particular
jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 10.12, if and to the extent that the enforceability of any provisions in this
Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, each L/C Issuer or the Swing Line Lender, as applicable, then such provisions shall be deemed to be in effect
only to the extent not so limited. 
 10.13 Replacement of Lenders. If the Borrower is entitled to replace a Lender
pursuant to the provisions of Section 3.06, or if any Lender is a Defaulting Lender or a Non-Consenting Lender or if any other circumstance exists hereunder that gives the Borrower the right to replace a Lender as a party hereto, then
the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents
required by, Section 10.06), all of its interests, rights (other than its existing rights to payments pursuant to Sections 3.01 and 3.04) and obligations under this Agreement and the related Loan Documents to an Eligible
Assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 
 (a) the Borrower shall have paid to the Administrative Agent the assignment fee specified in Section 10.06(b); 
 (b) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it
hereunder and under the other Loan Documents (including any amounts under Section 3.05) from the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts);

 (c) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments
required to be made pursuant to Section 3.01, such assignment will result in a reduction in such compensation or payments thereafter; 
 (d) such assignment does not conflict with applicable Laws; 

  
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 (e) such assignment must be pro rata between the Obligations and the Mission Obligations, in
each case with a concurrent assignment under the Mission Credit Agreement of the same pro rata percentage amount of the same Class of Loans and Commitments and other Obligations evidenced by (i) this Agreement and (ii) the Mission Credit
Agreement being assigned; and 
 (f) in the case of an assignment resulting from a Lender becoming a Non-Consenting Lender, the
applicable assignee shall have consented to the applicable amendment, waiver or consent. 
 A Lender shall not be required to
make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 

10.14 Governing Law; Jurisdiction; Etc. 
 (a) GOVERNING LAW. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS AND ANY CLAIMS, CONTROVERSY, DISPUTE OR CAUSE OF ACTION (WHETHER IN CONTRACT OR TORT OR OTHERWISE) BASED UPON, ARISING OUT OF OR
RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT (EXCEPT, AS TO ANY OTHER LOAN DOCUMENT, AS EXPRESSLY SET FORTH THEREIN) AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE
STATE OF NEW YORK. 
 (b) SUBMISSION TO JURISDICTION. THE BORROWER AND EACH OTHER LOAN PARTY AND EACH SUBSIDIARY OF ANY
LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY AGREES THAT IT WILL NOT COMMENCE ANY ACTION, LITIGATION OR PROCEEDING OF ANY KIND OR DESCRIPTION, WHETHER IN LAW OR EQUITY, WHETHER IN CONTRACT OR IN TORT OR OTHERWISE, AGAINST THE ADMINISTRATIVE AGENT, ANY
LENDER, ANY L/C ISSUER, OR ANY RELATED PARTY OF THE FOREGOING IN ANY WAY RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS RELATING HERETO OR THERETO, IN ANY FORUM OTHER THAN THE COURTS OF THE STATE OF NEW YORK SITTING IN NEW
YORK COUNTY AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS TO THE JURISDICTION OF SUCH COURTS AND AGREES
THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION, LITIGATION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO AGREES THAT A
FINAL JUDGMENT IN ANY SUCH ACTION, LITIGATION 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. NOTHING IN THIS AGREEMENT OR IN ANY OTHER LOAN DOCUMENT SHALL
AFFECT ANY RIGHT THAT ANY AGENT, ANY LENDER OR ANY L/C ISSUER MAY OTHERWISE HAVE TO 

  
 216

 
BRING ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AGAINST THE BORROWER, ANY OTHER LOAN PARTY, ANY SUBSIDIARY OF ANY LOAN PARTY, OR ANY OF THEIR PROPERTIES IN
THE COURTS OF ANY JURISDICTION. 
 (c) WAIVER OF VENUE. THE BORROWER, EACH OTHER LOAN PARTY AND EACH SUBSIDIARY OF EACH
LOAN PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR
ANY OTHER LOAN DOCUMENT IN ANY COURT REFERRED TO IN CLAUSE (b) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE DEFENSE OF AN INCONVENIENT FORUM TO THE
MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH COURT. 
 (d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY
CONSENTS TO SERVICE OF PROCESS IN THE MANNER PROVIDED FOR NOTICES IN SECTION 10.02. NOTHING IN THIS AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAW. 

10.15 Waiver of Jury Trial. EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY
RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY
OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING
WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 

10.16 No Advisory or Fiduciary Responsibility. In connection with all aspects of each transaction contemplated hereby (including
in connection with any amendment, waiver or other modification hereof or of any other Loan Document), each of the Borrower, each other Loan Party and each Subsidiary of each Loan Party acknowledges and agrees, and acknowledges its Affiliates’
understanding, that: (a) (i) the arranging and other services regarding this Agreement provided by the Administrative Agent and the Arrangers, and the Lenders are arm’s-length commercial transactions between the Borrower, each other
Loan Party, each Subsidiary of each Loan Party and their respective Affiliates, on the one hand, and the Administrative Agent, each Arranger, and the Lenders, on the other hand, (ii) each of the Borrower and the other Loan Parties, and each
Subsidiary of each Loan Party, has consulted its own legal, accounting, 

  
 217

 
regulatory and tax advisors to the extent it has deemed appropriate, and (iii) each of the Borrower and each other Loan Party, and each Subsidiary of each Loan Party, is capable of
evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the other Loan Documents; (b) (i) the Administrative Agent each Arranger and each Lender is and has been acting solely
as a principal and, except as expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for the Borrower, any other Loan Party, any Subsidiary of a Loan Party, or any of their
respective Affiliates, or any other Person and (ii) neither the Administrative Agent, nor any Arranger nor any Lender has any obligation to the Borrower, any other Loan Party, any Subsidiary of a Loan Party or any of their respective Affiliates
with respect to the transactions contemplated hereby except those obligations expressly set forth herein and in the other Loan Documents, and (c) the Administrative Agent, the Arrangers and the Lenders and their respective Affiliates may be
engaged in a broad range of transactions that involve interests that differ from those of the Borrower, the other Loan Parties, each Subsidiary of each Loan Party, and their respective Affiliates, and neither the Administrative Agent nor any
Arranger nor any Lender has any obligation to disclose any of such interests to the Borrower, any other Loan Party, any Subsidiary of each Loan Party or any of their respective Affiliates. To the fullest extent permitted by law, each of the
Borrower, each other Loan Party and each Subsidiary of each Loan Party hereby waives and releases any claims that it may have against the Administrative Agent, any Arranger or any Lender with respect to any breach or alleged breach of agency or
fiduciary duty in connection with any aspect of any transaction contemplated hereby. 
 10.17 Electronic Execution of
Assignments and Certain Other Documents. The words “execute,” “execution,” “signed,” “signature,” and words of like import in any Assignment and Assumption or in any amendment or other modification hereof
(including waivers and consents) shall be deemed to include electronic signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent, 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. 

10.18 Termination. The Parent Guarantors and the Borrower agree, and will cause their respective Restricted Subsidiaries and the
other Nexstar Entities to agree, that the Borrower’s and each other Nexstar Entity’s obligations under this Agreement and the other Loan Documents (including, without limitation the Borrower’s and each Nexstar Entity’s
obligations under Articles VI and VII) will not terminate (irrespective of any repayment in full or reduction of the Aggregate Commitments to zero) until the concurrent repayment in full of all “Obligations” as defined in the Mission
Credit Agreement and the termination of the Mission Commitments. All of the Borrower’s and each Nexstar Entity’s obligations under this Section 10.18 shall survive the termination of the Aggregate Commitments, termination of
this Agreement and repayment of the Obligations. 

  
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 10.19 USA PATRIOT Act. Each Lender that is subject to the Act (as hereinafter
defined) and the Administrative Agent (for itself and not on behalf of any 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 October 26, 2001)) (the
“Act”), it is required to obtain, verify and record information that identifies each Loan Party and each Subsidiary of each Loan Party, which information includes the name and address of each Loan Party and each Subsidiary of each
Loan Party and other information that will allow such Lender or the Administrative Agent, as applicable, to identify each Loan Party and each Subsidiary of each Loan Party in accordance with the Act. The Borrower shall, promptly following a request
by the Administrative Agent or any Lender, provide all documentation and other information that the Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and
Anti-Money Laundering Laws, including the Act. 
 10.20 Amendment and Restatement. 

(a) This Agreement constitutes an amendment, restatement and extension of the Existing Credit Agreement and as such supersedes the
Existing Credit Agreement in its entirety; provided, however, that in no event shall the Liens or guaranty agreements securing the Existing Credit Agreement or the obligations thereunder be deemed affected hereby, it being the intent
and agreement of the Ultimate Parent, the Borrower and the Subsidiaries of the Ultimate Parent parties hereto that the guaranty agreements and the Liens on the Collateral granted to secure the obligations of the Ultimate Parent, the Borrower and the
Subsidiaries of the Ultimate Parent in connection with the Existing Credit Agreement and/or the guaranty agreements, shall not be extinguished and shall remain valid, binding and enforceable securing the obligations under the Existing Credit
Agreement as amended and restated hereby. 
 (b) Each of the Lenders hereby consents to amendments to and/or amendments and
restatements of each of the Security Documents to conform the definitions and references set forth therein to the applicable definitions and references set forth in this Agreement. Each of the Lenders hereby authorizes the Collateral Agent and the
Administrative Agent to execute and deliver the Security Documents. 
 10.21 Pro Rata Nature of the Loans and Mission Loans;
Administrative Agent Right to Adjust. 
 (a) It is the intention of the parties to this Agreement (and the parties to the
Mission Credit Agreement) that the Lenders and the Mission Lenders are and will remain at all times pro rata in terms of percentage holdings of the respective Facilities and Incremental Facilities between (i) the Loans and other Credit
Extensions under this Agreement and (ii) the Mission Loans and other Mission Credit Extensions under the Mission Credit Agreement. 
 (b) The parties hereto acknowledge and agree that on the Closing Date and at all times during the term of this Agreement, each Lender hereunder shall be a Mission Lender with the same percentage of
holdings of (i) Revolving Credit Borrowings, Revolving Credit Exposure and Revolving Credit Commitments as Mission Revolving Credit Borrowings, Mission Revolving Credit Exposure and Mission Revolving Credit Commitments, respectively and/or
(ii) Term B Borrowings, Term B Loans and Term B Commitments as Mission Term B Borrowings, Mission Term B Loans and Mission Term B Commitments, respectively (such pro rata holdings referred to as the “Nexstar/Mission Ratable
Status”). 

  
 219

 (c) Notwithstanding anything herein, in any Loan Document, in the Mission Credit
Agreement or any Mission Loan Document to the contrary, and subject only to clause (e) below, each Lender (in its capacity hereunder as a Lender and as a Mission Lender) hereby authorizes and directs the Administrative Agent, at any time
and from time to time, without notice or consent, to cause the Lenders and the Mission Lenders to purchase assignments and sell assignments, as necessary, of holdings and commitments, and to purchase and sell participations in Letters of Credit,
Swing Line Loans and other Obligations under this Agreement and Mission Obligations under the Mission Credit Agreement among each other, in such amounts and at such times as is necessary to maintain the Nexstar/Mission Ratable Status. 

 (d) Each such purchase and sale under this Section 10.21 will be effected pursuant to an Assignment and
Assumption Agreement, and each Lender hereby authorizes and directs the Administrative Agent, as its appointed attorney, to enter into such Assignment and Assumption Agreements on its behalf for the sole purpose of effectuating the terms and
provisions of this Section 10.21 and maintaining the Nexstar/Mission Ratable Status. Notwithstanding the provisions of Section 10.06, in connection with any assignment effected under this Section 10.21 among
existing Lenders and Mission Lenders, (i) no minimum amounts shall be required, (ii) there shall be no requirement of proportionate amounts assigned, (iii) no consents will be required and (iv) no assignment fee will be due and
payable. 
 (e) Notwithstanding the foregoing, with respect to any Lender affected by this Section 10.21, in no
event shall (i) the sum of the Revolving Credit Commitment of such Lender plus the Mission Revolving Credit Commitment of such Lender be increased by any such action under this Section 10.21, or (ii) the sum of the Term B Loans
of such Lender plus the Mission Term B Loans of such Lender, be increased by any such action under this Section 10.21, or (iii) the sum of the Incremental Revolving Commitment of such Lender plus the Mission Incremental
Revolving Commitment of such Lender be increased by any such action under this Section 10.21, or (iv) the sum of the Incremental Term Loans of such Lender plus the Mission Incremental Term Loans of such Lender, be increased by any
such action under this Section 10.21. 
 10.22 Senior Second Lien Notes Intercreditor Agreement. 

(a) Each Lender acknowledges that the Lenders and Secured Parties are subject to the terms of that certain Senior Second Lien Notes
Intercreditor Agreement; 
 (b) Notwithstanding the provisions in this Agreement and/or any other Loan Document, each Lender and
Secured Party agrees to (i) each of the terms and provisions of the Senior Second Lien Notes Intercreditor Agreement, (ii) be bound by such terms and provisions and (iii) comply with, and perform its obligations under, the terms and
provisions of the Senior Second Lien Notes Intercreditor Agreement; 
 (c) Each Lender and Secured Party agrees, acknowledges
and directs the Administrative Agent and Collateral Agent, on its behalf, to bind each such Lender and Secured Party to the terms of the Senior Second Lien Notes Intercreditor Agreement in accordance with the provisions of Section 2.1 of the
Senior Second Lien Notes Intercreditor Agreement; 

  
 220

 (d) Each representation, warranty and covenant made by the Administrative Agent or
Collateral Agent (in its various capacities under the Senior Second Lien Notes Intercreditor Agreement) is hereby made by each such Lender and Secured Party herein (and fully incorporated herein by reference) and each Lender and Secured Party
acknowledges and agrees that the Administrative Agent was authorized to make each such representation, warranty and covenant in the Senior Second Lien Notes Intercreditor Agreement on its behalf; and 

(e) Each Lender and Secured Party agrees and acknowledges that any authority, right or action granted to the Administrative Agent by the
Lenders and/or the Secured Parties hereunder, or under any other Loan Document, may be exercised by the Collateral Agent as if such authority, right or action was granted to the Collateral Agent directly by each Lender hereunder. 

Notwithstanding anything herein to the contrary, so long as the Senior Second Lien Notes Intercreditor Agreement is in full force and
effect the Administrative Agent, each Lender and each other Secured Party hereby delegate to the Collateral Agent the power and authority in the Collateral Agent’s exclusive and sole discretion, to exercise any and all discretion granted herein
and in the other Loan Documents to the Administrative Agent in connection with the Collateral and the Security Documents. 

Each Lender further acknowledges and agrees that until the Senior Second Lien Termination Date, the terms and provisions of the Senior
Second Lien Notes Intercreditor Agreement govern and control over the terms and provisions of this Agreement and the other Loan Documents. Notwithstanding the foregoing or anything herein, any other Loan Document or in the Senior Second Lien Notes
Intercreditor Agreement to the contrary, the Borrower may not rely on this provision or on the terms of the Senior Second Lien Notes Intercreditor Agreement. 
 10.23 Time of the Essence. Time is of the essence of the Loan Documents. 
 10.24 ENTIRE AGREEMENT. THIS AGREEMENT AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR
SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES. 
 [SIGNATURE PAGES
FOLLOW] 

  
 221

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

			
	The Borrower:
	
	NEXSTAR BROADCASTING, INC.
		
	By:	 	/s/ Thomas E. Carter
	Name:	 	Thomas E. Carter
	Title:	 	Chief Financial Officer

  

			
	The Parent Guarantors:
	
	NEXSTAR BROADCASTING GROUP, INC.
		
	By:	 	/s/ Thomas E. Carter
	Name:	 	Thomas E. Carter
	Title:	 	Chief Financial Officer

  

			
	NEXSTAR FINANCE HOLDINGS, INC.
		
	By:	 	/s/ Thomas E. Carter
	Name:	 	Thomas E. Carter
	Title:	 	Chief Financial Officer

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

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

		
	By:	 	/s/ Don B. Pinzon
		 	Don B. Pinzon, Vice President

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

 
			
	The Lenders:
	
	BANK OF AMERICA, N.A., as a Lender, an L/C Issuer and Swing Line Lender
		
	By:	 	/s/ William A. Bowen, Jr.
		 	William A. Bowen, Jr., Managing Director

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

 
			
	UBS LOAN FINANCE LLC, as a Lender
		
	By:	 	/s/ Irja R. Otsa
	Name:	 	Irja R. Otsa
	Title:	 	Associate Director

 
			
		
	By:	 	/s/ Joselin Fernandes
	Name:	 	Joselin Fernandes
	Title:	 	Associate Director

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

 
			
	ROYAL BANK OF CANADA, as a Lender
		
	By:	 	/s/ Alfonse Simone
	Name:	 	Alfonse Simone
	Title:	 	Authorized Signatory

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

 
			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender
		
	By:	 	/s/ Christopher Reo Day
	Name:	 	Christopher Reo Day
	Title:	 	Vice President
		
	By:	 	/s/ Michael D’Onofrio
	Name:	 	Michael D’Onofrio
	Title:	 	Associate

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

 
			
	Wells Fargo Bank, N.A., as a Lender
		
	By:	 	/s/ Tray Jones
	Name:	 	Tray Jones
	Title:	 	Vice President

  
 Fifth Amended
and Restated Credit Agreement – Signature Page 

 
			
	Raymond James Bank, N.A., as a Lender
		
	By:	 	/s/ Alexander L. Rody
	Name:	 	Alexander L. Rody
	Title:	 	Senior Vice President

  
 Fifth Amended
and Restated Credit Agreement – Signature PageCredit Agreement, dated as of December 3, 2012

 Exhibit 10.1 
 EXECUTION VERSION 
 Deal Cusip: 26747FAE9 

Revolver Cusip: 26747FAF6 
 Term Loan A Cusip: 26747FAG4 
 CREDIT AGREEMENT 

Dated as of December 3, 2012 
 among 
 DYCOM INDUSTRIES, INC., 

as the Borrower, 

THE SUBSIDIARIES OF THE BORROWER IDENTIFIED HEREIN, 
 as the Guarantors, 
 BANK OF AMERICA, N.A., 

as Administrative Agent, Swingline Lender and L/C Issuer, 
 and 
 THE OTHER LENDERS PARTY HERETO 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 
 as Syndication Agent, 
 and 

SUNTRUST BANK, 

PNC BANK, NATIONAL ASSOCIATION, 
 and 
 BRANCH BANKING AND TRUST COMPANY, 

as Co-Documentation Agents 
 MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 
 and 

WELLS FARGO SECURITIES, LLC, 
 as Joint Lead Arrangers and Joint Book Managers, 

 TABLE OF CONTENTS 

 

									
	ARTICLE I DEFINITIONS AND ACCOUNTING TERMS	  	 	1	  
				
		 	1.01	 	Defined Terms.	  	 	1	  
		 	1.02	 	Other Interpretive Provisions.	  	 	30	  
		 	1.03	 	Accounting Terms.	  	 	31	  
		 	1.04	 	Rounding.	  	 	32	  
		 	1.05	 	Times of Day.	  	 	32	  
		 	1.06	 	Letter of Credit Amounts.	  	 	32	  
		
	ARTICLE II THE COMMITMENTS AND CREDIT EXTENSIONS	  	 	32	  
				
		 	2.01	 	Commitments.	  	 	32	  
		 	2.02	 	Borrowings, Conversions and Continuations of Loans.	  	 	35	  
		 	2.03	 	Letters of Credit.	  	 	36	  
		 	2.04	 	Swingline Loans.	  	 	46	  
		 	2.05	 	Prepayments.	  	 	49	  
		 	2.06	 	Termination or Reduction of Aggregate Revolving Commitments.	  	 	51	  
		 	2.07	 	Repayment of Loans.	  	 	51	  
		 	2.08	 	Interest.	  	 	52	  
		 	2.09	 	Fees.	  	 	53	  
		 	2.10	 	Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate.	  	 	54	  
		 	2.11	 	Evidence of Debt.	  	 	54	  
		 	2.12	 	Payments Generally; Administrative Agent’s Clawback.	  	 	55	  
		 	2.13	 	Sharing of Payments by Lenders.	  	 	57	  
		 	2.14	 	Cash Collateral.	  	 	57	  
		 	2.15	 	Defaulting Lenders.	  	 	58	  
		 	2.16	 	Reverse Dutch Auction Prepayments	  	 	61	  
		
	ARTICLE III TAXES, YIELD PROTECTION AND ILLEGALITY	  	 	62	  
				
		 	3.01	 	Taxes.	  	 	62	  
		 	3.02	 	Illegality.	  	 	66	  
		 	3.03	 	Inability to Determine Rates.	  	 	67	  
		 	3.04	 	Increased Costs.	  	 	67	  
		 	3.05	 	Compensation for Losses.	  	 	69	  
		 	3.06	 	Mitigation Obligations; Replacement of Lenders.	  	 	69	  
		 	3.07	 	Survival.	  	 	70	  
		
	ARTICLE IV GUARANTY	  	 	70	  
				
		 	4.01	 	The Guaranty.	  	 	70	  
		 	4.02	 	Obligations Unconditional.	  	 	70	  
		 	4.03	 	Reinstatement.	  	 	72	  
		 	4.04	 	Certain Additional Waivers.	  	 	72	  
		 	4.05	 	Remedies.	  	 	72	  
		 	4.06	 	Rights of Contribution.	  	 	72	  
		 	4.07	 	Guarantee of Payment; Continuing Guarantee.	  	 	72	  
		
	ARTICLE V CONDITIONS PRECEDENT TO CREDIT EXTENSIONS	  	 	73	  
				
		 	5.01	 	Conditions of Effectiveness.	  	 	73	  
		 	5.02	 	Conditions to all Credit Extensions.	  	 	76	  

  
 i 

									
	ARTICLE VI REPRESENTATIONS AND WARRANTIES	  	 	77	  
				
		 	6.01	 	Financial Condition.	  	 	77	  
		 	6.02	 	No Material Adverse Change.	  	 	78	  
		 	6.03	 	Organization; Existence.	  	 	78	  
		 	6.04	 	Power; Authorization; Enforceable Obligations.	  	 	78	  
		 	6.05	 	Conflict.	  	 	78	  
		 	6.06	 	No Material Litigation	  	 	79	  
		 	6.07	 	No Default.	  	 	79	  
		 	6.08	 	Taxes.	  	 	79	  
		 	6.09	 	ERISA.	  	 	79	  
		 	6.10	 	Governmental Regulations, Etc.	  	 	80	  
		 	6.11	 	Subsidiaries.	  	 	80	  
		 	6.12	 	Use of Proceeds.	  	 	80	  
		 	6.13	 	Compliance with Laws; Contractual Obligations.	  	 	80	  
		 	6.14	 	Accuracy and Completeness of Information.	  	 	80	  
		 	6.15	 	Environmental Matters.	  	 	81	  
		 	6.16	 	Solvency.	  	 	82	  
		 	6.17	 	Insurance.	  	 	82	  
		 	6.18	 	Foreign Assets Control Regulations, Etc.	  	 	82	  
		 	6.19	 	Compliance with OFAC Rules and Regulations.	  	 	83	  
		 	6.20	 	Security Documents.	  	 	83	  
		
	ARTICLE VII AFFIRMATIVE COVENANTS	  	 	83	  
				
		 	7.01	 	Financial Statements.	  	 	83	  
		 	7.02	 	Certificates; Other Information.	  	 	84	  
		 	7.03	 	Notices.	  	 	87	  
		 	7.04	 	Maintenance of Existence; Compliance with Laws; Contractual Obligations.	  	 	88	  
		 	7.05	 	Maintenance of Property; Insurance.	  	 	88	  
		 	7.06	 	Inspection of Property; Books and Records; Discussions.	  	 	88	  
		 	7.07	 	Financial Covenants.	  	 	88	  
		 	7.08	 	Use of Proceeds.	  	 	89	  
		 	7.09	 	Additional Guarantors.	  	 	89	  
		 	7.10	 	Payment of Obligations.	  	 	90	  
		 	7.11	 	Environmental Laws.	  	 	90	  
		 	7.12	 	Pledged Equity Interests	  	 	90	  
		 	7.13	 	Further Assurances.	  	 	91	  
		
	ARTICLE VIII NEGATIVE COVENANTS	  	 	92	  
				
		 	8.01	 	Indebtedness.	  	 	92	  
		 	8.02	 	Liens.	  	 	93	  
		 	8.03	 	Nature of Business.	  	 	93	  
		 	8.04	 	Consolidation, Merger, Sale or Purchase of Assets, etc.	  	 	93	  
		 	8.05	 	Advances; Investments and Loans.	  	 	95	  
		 	8.06	 	Transactions with Affiliates.	  	 	95	  
		 	8.07	 	Fiscal Year; Organizational Documents; Senior Subordinated Notes.	  	 	95	  
		 	8.08	 	Limitation on Restricted Actions.	  	 	96	  
		 	8.09	 	Restricted Payments.	  	 	96	  
		 	8.10	 	Sale Leasebacks.	  	 	97	  
		 	8.11	 	No Further Negative Pledges.	  	 	97	  
		 	8.12	 	Capital Expenditures.	  	 	98	  

  
 ii 

									
	ARTICLE IX EVENTS OF DEFAULT AND REMEDIES	  	 	98	  
				
		 	9.01	 	Events of Default.	  	 	98	  
		 	9.02	 	Remedies upon Event of Default.	  	 	100	  
		 	9.03	 	Application of Funds.	  	 	101	  
		
	ARTICLE X ADMINISTRATIVE AGENT	  	 	102	  
				
		 	10.01	 	Appointment and Authority	  	 	102	  
		 	10.02	 	Rights as a Lender.	  	 	102	  
		 	10.03	 	Exculpatory Provisions.	  	 	103	  
		 	10.04	 	Reliance by Administrative Agent.	  	 	104	  
		 	10.05	 	Delegation of Duties.	  	 	104	  
		 	10.06	 	Resignation of Administrative Agent.	  	 	104	  
		 	10.07	 	Non-Reliance on Administrative Agent and Other Lenders.	  	 	106	  
		 	10.08	 	No Other Duties; Etc.	  	 	106	  
		 	10.09	 	Administrative Agent May File Proofs of Claim.	  	 	106	  
		 	10.10	 	Collateral and Guaranty Matters.	  	 	107	  
		 	10.11	 	Secured Treasury Management Agreements and Secured Swap Contracts	  	 	108	  
		
	ARTICLE XI MISCELLANEOUS	  	 	108	  
				
		 	11.01	 	Amendments, Etc.	  	 	108	  
		 	11.02	 	Notices; Effectiveness; Electronic Communications.	  	 	110	  
		 	11.03	 	No Waiver; Cumulative Remedies; Enforcement.	  	 	112	  
		 	11.04	 	Expenses; Indemnity; and Damage Waiver.	  	 	113	  
		 	11.05	 	Payments Set Aside.	  	 	115	  
		 	11.06	 	Successors and Assigns.	  	 	115	  
		 	12.07	 	Treatment of Certain Information; Confidentiality.	  	 	120	  
		 	11.08	 	Set-off.	  	 	121	  
		 	11.09	 	Interest Rate Limitation.	  	 	121	  
		 	11.10	 	Counterparts; Integration; Effectiveness.	  	 	121	  
		 	11.11	 	Survival of Representations and Warranties.	  	 	122	  
		 	11.12	 	Severability.	  	 	122	  
		 	11.13	 	Replacement of Lenders.	  	 	122	  
		 	11.14	 	Governing Law; Jurisdiction; Etc.	  	 	123	  
		 	11.15	 	Waiver of Right to Trial by Jury.	  	 	124	  
		 	11.16	 	No Advisory or Fiduciary Responsibility.	  	 	124	  
		 	11.17	 	Electronic Execution of Assignments and Certain Other Documents.	  	 	125	  
		 	11.18	 	USA PATRIOT Act Notice.	  	 	125	  

  
 iii

							
	SCHEDULES	  		  	
				
		  	1.01	  	Closing Date Acquisition Target	  	
		  	2.01	  	Commitments and Applicable Percentages	  	
		  	2.03	  	Existing Letters of Credit	  	
		  	6.11	  	Subsidiaries	  	
		  	8.01	  	Indebtedness Existing on the Closing Date	  	
		  	8.02	  	Liens Existing on the Closing Date	  	
		  	8.05	  	Investments Existing on the Closing Date	  	
		  	11.02	  	Certain Addresses for Notices	  	
			
		  	EXHIBITS	  	
				
		  	2.01(c)	  	Form of Lender Joinder Agreement	  	
		  	2.02	  	Form of Loan Notice	  	
		  	2.04	  	Form of Swingline Loan Notice	  	
		  	2.11(a)-1	  	Form of Revolving Note	  	
		  	2.11(a)-2	  	Form of Swingline Note	  	
		  	2.11(a)-3	  	Form of Term Note	  	
		  	2.16	  	Form of Auction Procedures	  	
		  	3.01(e)-1-4	  	Form of U.S. Tax Compliance Certificates	  	
		  	5.01(d)	  	Form of Secretary’s Certificate	  	
		  	5.01(n)	  	Form of Solvency Certificate	  	
		  	7.02(b)	  	Form of Compliance Certificate	  	
		  	7.09	  	Form of Guarantor Joinder Agreement	  	
		  	11.06(b)	  	Form of Assignment and Assumption	  	

  
 iv 

 CREDIT AGREEMENT 

This CREDIT AGREEMENT (this “Credit Agreement”) is entered into as of December 3, 2012 among DYCOM INDUSTRIES,
INC., a Florida corporation (the “Borrower”), the Guarantors (defined herein), the Lenders (defined herein) and BANK OF AMERICA, N.A., as Administrative Agent, Swingline Lender and L/C Issuer (each, as defined herein). 

The Borrower has requested that the Lenders provide $400,000,000 in senior credit facilities (as such amount may be increased to up to
$500,000,000 pursuant to the terms and conditions hereof) for the purposes set forth herein, and the Lenders are willing to do so on the terms and conditions set forth herein. 
 In consideration of the mutual covenants and agreements herein contained, the parties hereto covenant and agree as follows: 
 ARTICLE I 
 DEFINITIONS AND ACCOUNTING TERMS 

1.01 Defined Terms. 
 As used in this Credit Agreement, the following terms shall have the meanings set forth below: 
 “Acquisition”, by any Person, means the acquisition by such Person, in a single transaction or in a series of related transactions, of either (a) all or any substantial portion of
the property of, or a line of business or division of, another Person or (b) at least a majority of the Voting Stock of another Person, in each case whether or not involving a merger or consolidation with such other Person. 

“Additional Term Loan” has the meaning specified in Section 2.01(c). 

“Administrative Agent” means Bank of America in its capacity as administrative agent under any of the Credit Documents,
or any successor administrative agent. 
 “Administrative Agent’s Office” means the Administrative
Agent’s address and, as appropriate, account as set forth on Schedule 11.02 or such other address or account as the Administrative Agent may from time to time notify to the Borrower and the Lenders. 

“Administrative Questionnaire” means an Administrative Questionnaire in a form supplied by the Administrative Agent.

 “Affiliate” means, with respect to any Person, another Person that directly, or indirectly through one
(1) or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Agent Parties” has the meaning specified in Section 11.02(c). 

“Aggregate Revolving Commitments” means the Revolving Commitments of all the Lenders. The initial amount of the
Aggregate Revolving Commitments in effect on the Closing Date is $275,000,000. 

  

 “Applicable Percentage” means with respect to any Lender at any time,
(a) with respect to such Lender’s Revolving Commitment at any time, the percentage (carried out to the ninth decimal place) of the Aggregate Revolving Commitments represented by such Lender’s Revolving Commitment at such time;
provided that if the commitment of each Lender to make Revolving Loans and the obligation of the L/C Issuer to make L/C Credit Extensions have been terminated pursuant to Section 9.02 or if the Aggregate Revolving Commitments have
expired, then the Applicable Percentage of each Lender shall be determined based on the Applicable Percentage of such Lender most recently in effect, giving effect to any subsequent assignments, and (b) with respect to each Lender providing a
portion of any Term Loan, the percentage (carried out to the ninth decimal place) the numerator of which is, prior to funding of the applicable Term Loan, such Lender’s Term Loan Commitment, and after funding of the applicable Term Loan, the
principal amount of such Lender’s portion of the Term Loan, and the denominator of which is, prior to funding of the applicable Term Loan, the aggregate principal amount of the applicable Term Loan Commitments, and after funding of the
applicable Term Loan, the Outstanding Amount of the applicable Term Loan. The initial Applicable Percentage of each Lender is set forth opposite the name of such Lender on Schedule 2.01 or in the Assignment and Assumption pursuant to which
such Lender becomes a party hereto, as applicable. The Applicable Percentages shall be subject to adjustment as provided in Section 2.15. 
 “Applicable Rate” means, with respect to the Commitment Fee, the Letter of Credit Fee and the Loans, the following percentages per annum, based upon the Consolidated Leverage Ratio as set
forth in the most recent Compliance Certificate received by the Administrative Agent pursuant to Section 7.02(b): 
  

																							
	 Pricing

Tier
	  	 Consolidated Leverage Ratio
	  	Commitment
Fee	 	 	Letter of Credit
Fee for Standby
Letters of
Credit	 	 	Letter of Credit
Fee for
Commercial
Letters of
Credit	 	 	Eurodollar Rate
Loans	 	 	Base Rate
Loans	 
	 1
	  	Greater than or equal to 2.50:1.0	  	 	0.400	% 	 	 	2.25	% 	 	 	1.125	% 	 	 	2.25	% 	 	 	1.25	% 
	 2
	  	Less than 2.50:1.0 but greater than or equal to 1.75:1.0	  	 	0.350	% 	 	 	2.00	% 	 	 	1.00	% 	 	 	2.00	% 	 	 	1.00	% 
	 3
	  	Less than 1.75:1.0 but greater than or equal to 1.00:1.0	  	 	0.300	% 	 	 	1.75	% 	 	 	0.875	% 	 	 	1.75	% 	 	 	0.75	% 
	 4
	  	Less than 1.00:1.0	  	 	0.250	% 	 	 	1.50	% 	 	 	0.750	% 	 	 	1.50	% 	 	 	0.50	% 

 Any increase or decrease in the Applicable Rate resulting from a change in the Consolidated Leverage
Ratio shall become effective as of the first Business Day immediately following the date a Compliance Certificate is required to be delivered pursuant to Section 7.02(b); provided, however, that if a Compliance Certificate
is not delivered when due in accordance with such Section, then, upon the request of the Required Lenders, Pricing Tier 1 shall apply as of the first Business Day after the date on which such Compliance Certificate was required to have been
delivered (and if the Required Lenders do not make such request the then applicable Pricing Tier in effect shall be maintained) and shall remain in effect until the date on which such Compliance Certificate is delivered in accordance with
Section 7.02(b), 

  
 2 

 
whereupon the Applicable Rate shall be adjusted based upon the calculation of the Consolidated Leverage Ratio contained in such Compliance Certificate. The Applicable Rate in effect from the
Closing Date through the first Business Day immediately following the date a Compliance Certificate is required to be delivered pursuant to Section 7.02(b) for the fiscal quarter ending January 26, 2013 shall be determined based
upon Pricing Tier 2. 
 The Applicable Rate with respect to any Additional Term Loan established after the Closing Date in
accordance with the terms of Section 2.01(c) shall be percentages per annum specified in the loan documentation whereby such Additional Term Loan is established. 
 “Approved Fund” means 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. 
 “Assignment and Assumption” means an assignment and assumption entered into by a Lender
and an assignee (with the consent of any party whose consent is required by Section 11.06(b)), and accepted by the Administrative Agent, in substantially the form of Exhibit 11.06(b) or any other form (including electronic
documentation generated by MarkitClear or other electronic platform) approved by the Administrative Agent. 

“Attributable Indebtedness” means, with respect to any Person on any date, (a) in respect of any Capital Lease, the
capitalized amount thereof that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP, (b) in respect of any Synthetic Lease, the capitalized amount of the remaining lease payments under the relevant
lease that would appear on a balance sheet of such Person prepared as of such date in accordance with GAAP if such lease were accounted for as a Capital Lease, (c) in respect of any Securitization Transaction, the outstanding principal amount
of such financing, after taking into account reserve amounts and making appropriate adjustments, determined by the Administrative Agent in its reasonable judgment and (d) in respect of any Sale and Leaseback Transaction, the present value
(discounted in accordance with GAAP at the debt rate implied in the applicable lease) of the obligations of the lessee for rental payments during the term of such lease. 
 “Auction” has the meaning specified in Section 2.16(a). 
 “Auction Manager” has the meaning specified in Section 2.16(a). 
 “Auction Procedures” means the procedures set forth in Exhibit 2.16. 
 “Audited Financial Statements” means the audited consolidated balance sheet of the Borrower and its Subsidiaries for the fiscal year ended July 28, 2012, and the related consolidated
statements of income or operations, shareholders’ equity and cash flows of the Borrower and its Subsidiaries for such fiscal year, including the notes thereto. 
 “Auto-Extension Letter of Credit” has the meaning specified in Section 2.03(b)(iii). 
 “Availability Period” means, with respect to the Revolving Commitments, the period from and including the Closing Date to the earliest of (a) the Maturity Date, (b) the date of
termination of the Aggregate Revolving Commitments pursuant to Section 2.06, and (c) the date of termination of the commitment of each Lender to make Loans and of the obligation of the L/C Issuer to make L/C Credit Extensions
pursuant to Section 9.02. 
 “Bank of America” means Bank of America, N.A. and its successors.

  
 3 

 “Bank of America Fee Letter” has the meaning specified in the defined term
“Fee Letters”. 
 “Bankruptcy Code” means the Bankruptcy Code in Title 11 of the United States Code,
as amended, modified, succeeded or replaced from time to time. 
 “Base Rate” means for any day a fluctuating
rate per annum equal to the highest of (a) the Federal Funds Rate plus one half of one percent (0.50%), (b) the rate of interest in effect for such day as publicly announced from time to time by Bank of America as its “prime
rate” and (c) the Eurodollar Rate plus one percent (1.00%). The “prime rate” is a rate set by Bank of America based upon various factors including Bank of America’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 such “prime rate” announced by Bank of America shall take effect at the
opening of business on the day specified in the public announcement of such change. 
 “Base Rate Loan” means a
Loan that bears interest based on the Base Rate. 
 “Borrower” has the meaning specified in the introductory
paragraph hereto. 
 “Borrower Materials” has the meaning specified in Section 7.02. 

“Borrowing” means each of the following: (a) a borrowing of Swingline Loans pursuant to Section 2.04
and (b) a borrowing consisting of simultaneous Loans of the same Type and, in the case of Eurodollar Rate Loans, having the same Interest Period made by each of the Lenders pursuant to Section 2.01. 

“Business” has the meaning specified in Section 6.15(c). 

“Business Day” means any day other than a Saturday, Sunday or other day on which commercial banks are authorized to
close under the Laws of, or are in fact closed in, the state where the Administrative Agent’s Office is located and, if such day relates to any Eurodollar Rate Loan or any Base Rate Loan bearing interest at a rate based on the Eurodollar Rate,
means any such day that is also a London Banking Day. 
 “Capital Lease” means, as applied to any Person, any
lease of any property (whether real, personal or mixed) by that Person as lessee which, in accordance with GAAP, is or should be accounted for as a capital lease on the balance sheet of that Person. 

“Capital Lease Obligations” means with respect to any Person, the obligations of such Person to pay rent or other
amounts under any Capital Lease. 
 “Cash Collateralize” means to pledge and deposit with or deliver to the
Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer or the Swingline Lender (as applicable) and the Lenders, as collateral for L/C Obligations, Obligations in respect of Swingline Loans, or obligations of Lenders to
fund participations in respect of either thereof (as the context may require), cash or deposit account balances or, if the L/C Issuer or the Swingline Lender benefitting from such collateral shall agree in its sole discretion, other credit support,
in each case pursuant to documentation in form and substance satisfactory to (a) the Administrative Agent and (b) the L/C Issuer or the Swingline Lender (as applicable). “Cash Collateral” shall have a meaning correlative
to the foregoing and shall include the proceeds of such cash collateral and other credit support. 

  
 4 

 “Cash Equivalents” means: (a) Dollars; (b) securities
issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality of the United States government (provided that the full faith and credit of the United States is pledged in support of those
securities) having maturities, unless such securities are deposited to defease any indebtedness, of not more than one (1) year from the date of acquisition or other securities issued by government agencies, including government sponsored
enterprises, having maturities of not more than one (1) year from the date of acquisition; (c) time deposits maturing no more than thirty (30) days from the date of creation, certificates of deposit and eurodollar time deposits with
maturities of one (1) year or less from the date of acquisition, bankers’ acceptances with maturities not exceeding one (1) year and overnight bank deposits, in each case, with any Lender party to this Credit Agreement or with any
domestic commercial bank having capital and surplus in excess of $250,000,000; (d) repurchase obligations with a term of not more than thirty (30) days for underlying securities of the types described in clauses (b) and
(c) above entered into with any financial institution meeting the qualifications specified in clause (c) above; (e) any money market deposit account issued or offered by any Lender party to this Credit Agreement or with
any U.S. commercial bank having capital and surplus in excess of $250,000,000; (f) commercial paper having one of the three highest ratings obtainable from Moody’s or S&P and in each case maturing within one (1) year after the
date of acquisition; (g) securities issued and fully guaranteed by any state, commonwealth or territory of the United States of America or by any political subdivision or taxing authority thereof, rated at least “BBB” (or any
comparable rating) by Moody’s or S&P and having maturities of not more than one (1) year from the date of acquisition; (h) money market funds that invest primarily in Cash Equivalents of the kinds described in clauses
(a) through (g) of this definition; and (i) in the case of Subsidiaries of the Borrower that are not Domestic Subsidiaries, substantially similar instruments to those set forth in clauses (a) through (h)
above. 
 “Change in Law” means the occurrence, after the date of this Credit Agreement, of any of the
following: (a) the adoption or taking effect of any Law, rule, regulation or treaty, (b) any change in any Law, rule, regulation or treaty or in the administration, interpretation, implementation or application thereof by any Governmental
Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (i) the Dodd
Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (ii) all requests, rules, guidelines or directives promulgated by the Bank for International
Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change in
Law”, regardless of the date enacted, adopted, implemented or issued. 
 “Change of Control” means
(a) any Person or two (2) or more Persons acting in concert shall have acquired “beneficial ownership,” directly or indirectly, of, or shall have acquired by contract or otherwise, or control over, Voting Stock of the Borrower
(or other securities convertible into such Voting Stock) representing thirty-five percent (35%) or more of the combined voting power of all Voting Stock of the Borrower, or (b) Continuing Directors shall cease for any reason to constitute
a majority of the members of the board of directors of the Borrower then in office. As used herein, “beneficial ownership” shall have the meaning provided in Rule 13d-3 of the SEC under the Securities Act of 1934. 

“Closing Date” means December 3, 2012. 
 “Closing Date Acquisition” means the Acquisition of the Closing Date Acquisition Target on the Closing Date in accordance with the terms and provisions of the Closing Date Acquisition
Purchase Agreement. 

  
 5 

 “Closing Date Acquisition Purchase Agreement” means that certain Stock
Purchase Agreement, dated as of December 3, 2012, between the Borrower, the Closing Date Acquisition Purchaser and the Closing Date Acquisition Sellers (including all schedules and exhibits thereto). 

“Closing Date Acquisition Purchaser” means PBG ACQUISITION III, LLC, a Delaware limited liability company and
wholly-owned subsidiary of Dycom Industries, Inc. 
 “Closing Date Acquisition Sellers” means QUANTA SERVICES,
INC., a Delaware corporation and INFRASOURCE FI, LLC, a Delaware limited liability company (formerly known as InfraSource Incorporated). 
 “Closing Date Acquisition Target” means those certain entities set forth on Schedule 1.01 hereto. 
 “Closing Date Material Adverse Effect” has the meaning specified in Section 5.01(h). 
 “Collateral” means a collective reference to the Equity Interests with respect to which Liens in favor of the Administrative Agent, for the benefit of itself and the Secured Parties, are
purported to be granted pursuant to and in accordance with the terms of the Security Documents. 
 “Collateral Release
Date” means the date upon which the Borrower’s corporate family rating from Moody’s and the corporate rating from S&P are at least Baa3 and BBB-, respectively (in each case with a stable or better outlook) and the Borrower
shall have delivered to the Administrative Agent evidence of such ratings. 
 “Commitment” means, as to each
Lender, the Revolving Commitment of such Lender and/or each Term Loan Commitment of such Lender. 
 “Commitment
Fee” has the meaning specified in Section 2.09(a). 
 “Compliance Certificate” means a
certificate substantially in the form of Exhibit 7.02(b). 
 “Connection Income Taxes” means Other
Connection Taxes that are imposed on or measured by net income (however denominated) or that are franchise Taxes or branch profits Taxes. 
 “Consolidated Capital Expenditures” means, for any period, for the Borrower and its Restricted Subsidiaries on a consolidated basis in accordance with GAAP, all capital expenditures but
excluding expenditures to the extent made (a) with the proceeds of any Involuntary Disposition used to purchase property that is useful in the business of the Borrower and its Subsidiaries, (b) in connection with any Permitted Acquisition
and (c) in connection with any Capital Leases. 
 “Consolidated Capital Proceeds” means, for the
applicable period, the proceeds from the sale of property, plant or equipment and other fixed assets of the Borrower and its Restricted Subsidiaries on a consolidated basis as determined in accordance with GAAP. 

“Consolidated EBITDA” means, for the applicable period, the sum of (a) Consolidated Net Income for such period,
plus (b) an amount which, in the determination of Consolidated Net Income for such period, has been deducted for (i) the Consolidated Interest Expense for such period deducted in determining Consolidated Net Income, (ii) the
income tax expense for such period deducted in determining Consolidated Net Income, (iii) the aggregate amount of the depreciation expense and amortization expense for such period to the extent deducted in determining Consolidated Net Income,
(iv) to the extent included in Consolidated Net Income, (A) non-cash purchase accounting adjustments in 

  
 6 

 
accordance with GAAP and (B) cash purchase accounting adjustments in an amount not to exceed $10,000,000 in the aggregate for all periods from the Closing Date through the Maturity Date
which have been approved in writing by the Administrative Agent (v) any extraordinary items of loss (or minus any extraordinary items of gain) for such period recorded in determining Consolidated Net Income, (v) any non-cash
impairment charges for such period recorded in determining Consolidated Net Income, (vi) any non-cash losses (or minus any non-cash gains) for such period recorded in determining Consolidated Net Income, (vii) any stock based
compensation expense for such period recorded in determining Consolidated Net Income, (viii) any Acquisition costs related to Permitted Acquisitions for such period deducted in determining Consolidated Net Income in an aggregate amount during
such period not to exceed the greater of (A) $10,000,000 and (B) five percent (5%) of Consolidated EBITDA for such period, (ix) any restructuring or integration charges related to Permitted Acquisitions for such period deducted
in determining Consolidated Net Income in an aggregate amount during such period not to exceed the greater of (A) $10,000,000 and (B) five percent (5%) of Consolidated EBITDA for such period and (x) charges incurred related to
the extinguishment of debt, including, but not limited to, the write-off of deferred financings fees, to the extent deducted in determining Consolidated Net Income, in each case determined for the Borrower and its Restricted Subsidiaries on a
consolidated basis in accordance with GAAP and subject to Section 1.03. Unless expressly indicated otherwise, the applicable period shall be for the four (4) consecutive fiscal quarters ending as of the date of computation.

 “Consolidated Funded Debt” means Funded Debt of the Borrower and its Restricted Subsidiaries on a
consolidated basis. 
 “Consolidated Interest Expense” means, for the applicable period, all interest expense
in accordance with GAAP (including amortization of debt discount, premium and the interest component under Capital Leases) of the Borrower and its Restricted Subsidiaries for such period. Unless expressly indicated otherwise, the applicable period
shall be for the four (4) consecutive fiscal quarters ending most recently prior to the date of computation. 

“Consolidated Interest Coverage Ratio” means, for the applicable period, the ratio of (a) Consolidated EBITDA for
such period to (b) Consolidated Interest Expense paid or payable in cash (excluding amortization of debt discount and premium, debt issuance costs paid in a previous period and interest expense incurred on tax liabilities) during such period.
Unless expressly indicated otherwise, the applicable period shall be for the four (4) consecutive quarters ending on the date of computation. 
 “Consolidated Leverage Ratio” means the ratio of (a) Consolidated Funded Debt on the date of computation minus up to $100,000,000 of Consolidated Funded Debt comprised of
undrawn Letters of Credit to (b) Consolidated EBITDA for the applicable period ending on the date of computation. Unless expressly indicated otherwise, the applicable period shall be for the four (4) consecutive fiscal quarters ending most
recently prior to the date of computation. 
 “Consolidated Net Income” means, for the applicable period, net
income of the Borrower and its Restricted Subsidiaries on a consolidated basis. Unless expressly indicated otherwise, the applicable period shall be for the four (4) consecutive fiscal quarters ending most recently prior to the date of
computation. 
 “Consolidated Total Assets” means, on the date of computation, (a) the amount of the
Borrower’s consolidated total assets minus (b) the amount of the Borrower’s consolidated intangible assets, including, without limitation, goodwill, deferred financing charges and intellectual property, in each case determined
for the Borrower and its Subsidiaries on a consolidated basis in accordance with GAAP. 

  
 7 

 “Continuing Directors” means, during any period of up to twenty-four
(24) consecutive months commencing after the Closing Date, individuals who at the beginning of such twenty-four (24) month period were directors of the Borrower (together with any new director whose election by the Borrower’s board of
directors or whose nomination for election by the Borrower’s shareholders was approved by a vote of at least a majority of the directors then still in office who either were directors at the beginning of such period or whose election or
nomination for election was previously so approved). 
 “Control” means the possession, directly or indirectly,
of the power to direct or cause the direction of the management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. “Controlling” and “Controlled” have meanings
correlative thereto. 
 “Credit Agreement” has the meaning specified in the introductory paragraph hereto.

 “Credit Documents” means this Credit Agreement, each Note, each Issuer Document, each Guarantor
Joinder Agreement, each Lender Joinder Agreement, the Security Documents and the Fee Letters. 
 “Credit
Extension” means each of the following: (a) a Borrowing and (b) an L/C Credit Extension. 
 “Credit
Parties” means, collectively, the Borrower and each Guarantor. 
 “Debt Issuance” means the issuance
by any Credit Party or any Restricted Subsidiary of any Indebtedness other than Indebtedness permitted under Section 8.01. 
 “Debtor Relief Laws” means the Bankruptcy Code, and all other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership,
insolvency, reorganization, or similar debtor relief Laws of the United States or other applicable jurisdictions from time to time in effect and affecting the rights of creditors generally. 

“Default” means any event or condition that constitutes an Event of Default or that, with the giving of any notice, the
passage of time, or both, would be an Event of Default. 
 “Default Rate” means (a) when used with
respect to Obligations other than Letter of Credit Fees, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Rate, if any, applicable to Base Rate Loans plus (iii) two percent (2%) per annum;
provided, however, that with respect to a Eurodollar Rate Loan, the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Rate) otherwise applicable to such Loan plus two percent (2%) per
annum, in each case to the fullest extent permitted by applicable Laws and (b) when used with respect to Letter of Credit Fees, a rate equal to the Applicable Rate plus two percent (2%) per annum.  

“Defaulting Lender” means, subject to Section 2.15(b), any Lender that (a) has failed to (i) fund
all or any portion of its Loans within two (2) Business Days of the date such Loans were required to be funded hereunder unless such Lender notifies the Administrative Agent and the Borrower in writing that such failure is the result of such
Lender’s good faith determination that one or more conditions precedent to funding (each of which conditions precedent, together with any applicable Default, shall be specifically identified in such writing) has not been satisfied, or
(ii) pay to the Administrative Agent, the L/C Issuer, the Swingline Lender or any other Lender any other amount required to be paid by it hereunder (including in respect of its participation in Letters of Credit or Swingline Loans) within two
(2) Business Days of the date when due, (b) has notified the Borrower, the Administrative Agent, the L/C Issuer or the Swingline Lender in writing that it does not intend to comply with its funding obligations hereunder, or has made a

  
 8 

 
public statement to that effect (unless such writing or public statement relates to such Lender’s obligation to fund a Loan hereunder and states that such position is based on such
Lender’s good faith determination that a condition precedent to funding (which condition precedent, together with any applicable Default, shall be specifically identified in such writing or public statement), (c) has failed, within three
(3) Business Days after written request by the Administrative Agent or the Borrower, to confirm in writing to the Administrative Agent and the Borrower that it will comply with its prospective funding obligations hereunder (provided that
such Lender shall cease to be a Defaulting Lender pursuant to this clause (c) upon receipt of such written confirmation by the Administrative Agent and the Borrower), or (d) has, or has a direct or indirect parent company that has,
(i) become the subject of a proceeding under any Debtor Relief Law or (ii) had appointed for it a receiver, custodian, conservator, trustee, administrator, assignee for the benefit of creditors or similar Person charged with reorganization
or liquidation of its business or assets, including the Federal Deposit Insurance Corporation or any other state or federal regulatory authority acting in such a capacity; provided that a Lender shall not be a Defaulting Lender solely by
virtue of the ownership or acquisition of any Equity Interest in that Lender or any direct or indirect parent company thereof by a Governmental Authority so long as such ownership interest does not result in or provide such Lender with immunity from
the jurisdiction of courts within the United States or from the enforcement of judgments or writs of attachment on its assets or permit such Lender (or such Governmental Authority) to reject, repudiate, disavow or disaffirm any contracts or
agreements made with such Lender. Any determination by the Administrative Agent that a Lender is a Defaulting Lender under any one or more of clauses (a) through (d) above, and of the effective date of such status, shall be conclusive and
binding absent manifest error, and such Lender shall be deemed to be a Defaulting Lender (subject to Section 2.15(b)) as of the date established therefor by the Administrative Agent in a written notice of such determination, which shall
be delivered by the Administrative Agent to the Borrower, the L/C Issuer, the Swingline Lender and each other Lender promptly following such determination. 
 “Disposition” or “Dispose” means the sale, transfer, license, lease or other disposition (including any Sale and Leaseback Transaction) of any property by any Credit
Party or any Restricted Subsidiary, including any Sale and Leaseback Transaction and any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith, but
excluding any Involuntary Disposition. 
 “Disqualified Stock” means any Equity Interest that, by its terms (or
by the terms of any security into which it is convertible, or for which it is exchangeable, in each case at the option of the holder of the Equity Interest), or upon the happening of any event, matures or is mandatorily redeemable, pursuant to a
sinking fund obligation or otherwise, or redeemable at the option of the holder of the Equity Interest, in whole or in part, on or prior to the date that is ninety-one (91) days after the Maturity Date. Notwithstanding the preceding sentence,
any Equity Interest that would constitute Disqualified Stock solely because the holders of the Equity Interest have the right to require the Borrower to repurchase such Equity Interest upon the occurrence of a change of control or an asset sale will
not constitute Equity Interest if the terms of such Equity Interest provide that the Borrower may not repurchase or redeem any such Equity Interest pursuant to such provisions unless such repurchase or redemption complies with the provisions of
Section 8.09. The amount of Disqualified Stock deemed to be outstanding at any time for purposes of this Credit Agreement will be the maximum amount that the Borrower and its Restricted Subsidiaries may become obligated to pay upon the
maturity of, or pursuant to any mandatory redemption provisions of, such Disqualified Stock, exclusive of accrued dividends. 

“Dollar” and “$” mean lawful money of the United States. 

“Domestic Subsidiary” means any Subsidiary that is organized and existing under the laws of the United States or any
state or commonwealth thereof or under the laws of the District of Columbia and that is not a controlled foreign corporation under Section 957 of the Internal Revenue Code. 

  
 9 

 “Earn Out Obligations” means, with respect to an Acquisition, payments by
the Borrower or any Restricted Subsidiary required to be made as a result of reaching performance targets or milestones. For purposes of determining the aggregate consideration paid for an Acquisition at the time of such Acquisition, the amount
of any Earn Out Obligations shall be deemed to be the fair value in accordance with GAAP of the earn out payments in respect thereof. 
 “Eligible Assignee” means any Person that meets the requirements to be an assignee under Sections 11.06(b)(iii) and (v) (subject to such consents, if any, as may be
required under Section 11.06(b)(iii)). 
 “Environmental Laws” means any and all applicable
foreign, Federal, state, local or municipal laws, rules, orders, regulations, statutes, ordinances, codes, decrees, legally enforceable requirements of any Governmental Authority or other Requirement of Law (including common law) regulating,
relating to or imposing liability or standards of conduct concerning protection of human health or the environment, as now or may at any time be in effect during the term of this Credit Agreement. 

“Environmental Liability” means any liability, contingent or otherwise (including any liability for damages, costs of
environmental remediation, fines, penalties or indemnities), of any Credit Party or any Subsidiary directly or indirectly resulting from or based upon (a) violation of any Environmental Law, (b) the generation, use, handling,
transportation, storage, treatment or disposal of any Materials of Environmental Concern, (c) exposure to any Materials of Environmental Concern, (d) the release or threatened release of any Materials of Environmental Concern into the
environment or (e) any contract, agreement or other consensual arrangement pursuant to which liability is assumed or imposed with respect to any of the foregoing. 
 “Equity Interests” means (a) in the case of a corporation, capital stock, (b) in the case of an association or business entity, any and all shares, interests, participations,
rights or other equivalents (however designated) of capital stock, (c) in the case of a partnership, partnership interests (whether general, preferred or limited), (d) in the case of a limited liability company, membership interests and
(e) any other interest or participation that confers or could confer on a Person the right to receive a share of the profits and losses of, or distributions of assets of, the issuing Person, including, without limitation, options, warrants and
any other “equity security” as defined in Rule 3a11-1 of the Securities Exchange Act of 1934, as amended. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended. 

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

“ERISA Event” means (a) a Reportable Event with respect to a Pension Plan; (b) the withdrawal of a Credit
Party or any ERISA Affiliate from a Pension Plan subject to Section 4063 of ERISA during a plan year in which such entity was a “substantial employer” (as defined in Section 4001(a)(2) of ERISA) or a cessation of operations that
is treated as such a withdrawal under Section 4062(e) of ERISA; (c) a complete or partial withdrawal by a Credit Party or any ERISA Affiliate from a Multiemployer Plan or notification that a Multiemployer Plan is in reorganization;
(d) the filing of a notice of intent to terminate a Pension Plan; (e) the institution by the PBGC of proceedings to terminate a Pension Plan; (f) any event or condition which constitutes grounds under Section 4042 of ERISA for
the termination of, or the appointment of a trustee to administer, any Pension Plan; or (g) the determination that any Pension Plan is considered an at-risk plan or a plan in endangered or critical status within the meaning of Sections 430, 431
and 432 of the Internal Revenue Code or Sections 303, 304 and 305 of ERISA. 

  
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 “Eurodollar Base Rate” means: 

(a) for any Interest Period with respect to a Eurodollar Rate Loan, the rate per annum equal to
(i) the British Bankers Association LIBOR Rate or any successor thereto as approved by the Administrative Agent if the British Bankers Association is no longer making a LIBOR Rate available (“LIBOR”), as published by Reuters
(or such other commercially available source providing quotations of LIBOR as may be designated by the Administrative Agent from time to time) at approximately 11:00 a.m., London time, two (2) London Banking Days prior to the commencement
of such Interest Period, for Dollar deposits (for delivery on the first day of such Interest Period) with a term equivalent to such Interest Period or (ii) if such published rate is not available at such time for any reason, 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 Eurodollar Rate Loan being made, continued or converted and
with a term equivalent to such Interest Period would be offered by Bank of America’s London Branch to major banks in the London interbank eurodollar market at their request at approximately 11:00 a.m. (London time) two (2) London Banking
Days prior to the commencement of such Interest Period; and 
 (b) for any interest calculation with respect to a
Base Rate Loan on any date, the rate per annum equal to (i) LIBOR, at approximately 11:00 a.m., London time determined two (2) London Banking Days prior to such date for Dollar deposits being delivered in the London interbank market for a
term of one (1) month commencing that day or (ii) if such published rate is not available at such time for any reason, the rate per annum determined by the Administrative Agent to be the rate at which deposits in Dollars for delivery on
the date of determination in same day funds in the approximate amount of the Base Rate Loan being made or maintained and with a term equal to one (1) month would be offered by Bank of America’s London Branch to major banks in the London
interbank Eurodollar market at their request at the date and time of determination. 
 “Eurodollar Rate” means
(a) for any Interest Period with respect to any Eurodollar Rate Loan, a rate per annum determined by the Administrative Agent to be equal to the quotient obtained by dividing (i) the Eurodollar Base Rate for such Eurodollar Rate Loan for
such Interest Period by (ii) one (1) minus the Eurodollar Reserve Percentage for such Eurodollar Rate Loan for such Interest Period and (b) for any day with respect to any Base Rate Loan the interest rate on which is determined
by reference to the Eurodollar Rate, a rate per annum determined by the Administrative Agent to be equal to the quotient obtained by dividing (i) the Eurodollar Base Rate for such Base Rate Loan for such day by (ii) one
(1) minus the Eurodollar Reserve Percentage for such Base Rate Loan for such day. 
 “Eurodollar Rate
Loan” means a Loan that bears interest at a rate based on clause (a) of the definition of “Eurodollar Rate.” 
 “Eurodollar Reserve Percentage” means, for any day, the reserve percentage (expressed as a decimal, carried out to five (5) decimal places) in effect on such day, whether or not
applicable to any Lender, under regulations issued from time to time by the FRB for determining the maximum reserve requirement (including any emergency, supplemental or other marginal reserve requirement) with respect to Eurocurrency funding
(currently referred to as “Eurocurrency liabilities”). The Eurodollar Rate for each outstanding Eurodollar Rate Loan and for each outstanding Base Rate Loan the interest rate on which is determined by reference to the Eurodollar Rate shall
be adjusted automatically as of the effective date of any change in the Eurodollar Reserve Percentage. 

  
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 “Event of Default” has the meaning specified in Section 9.01.

 “Excluded Taxes” means any of the following Taxes imposed on or with respect to any Recipient or required to
be withheld or deducted from a payment to a Recipient, (a) Taxes imposed on or measured by net income (however denominated), franchise Taxes, and branch profits Taxes, in each case, (i) imposed as a result of such Recipient being organized
under the laws of, or having its principal office or, in the case of any Lender, its Lending Office located in, the jurisdiction imposing such Tax (or any political subdivision thereof) or (ii) that are Other Connection Taxes, (b) in the
case of a Lender, U.S. federal withholding Taxes imposed on amounts payable to or for the account of such Lender with respect to an applicable interest in a Loan or Commitment pursuant to a law in effect on the date on which (i) such Lender
acquires such interest in the Loan or Commitment (other than pursuant to an assignment request by the Borrower under Section 11.13) or (ii) such Lender changes its Lending Office, except in each case to the extent that, pursuant to
Section 3.01(a)(ii), (a)(iii) or (c), amounts with respect to such Taxes were payable either to such Lender’s assignor immediately before such Lender became a party hereto or to such Lender immediately before it
changed its Lending Office, (c) Taxes attributable to such Recipient’s failure to comply with Section 3.01(e) and (d) any U.S. federal withholding Taxes imposed pursuant to FATCA. 

“Existing Credit Agreement” means that certain Credit Agreement, dated as of June 4, 2010, among the Borrower, the
guarantors party thereto, the lenders party thereto and Bank of America, as administrative agent, swingline lender and L/C issuer, as amended by that certain Amendment No. 1, dated as of January 5, 2011 and as further amended, supplemented
or modified prior to the date hereof. 
 “Existing Letters of Credit” means those standby letters of credit
outstanding on the Closing Date and identified on Schedule 2.03. 
 “Extraordinary Receipt” means
any cash received by or paid to or for the account of any Person not in the ordinary course of business, including tax refunds, pension plan reversions, proceeds of insurance (other than proceeds of business interruption insurance to the extent such
proceeds constitute compensation for lost earnings and proceeds of Involuntary Dispositions) and indemnity payments; provided, however, that an Extraordinary Receipt shall not include cash receipts from proceeds of insurance or
indemnity payments to the extent that such proceeds, awards or payments are received by any Person in respect of any third party claim against such Person and applied to pay (or to reimburse such Person for its prior payment of) such claim and the
costs and expenses of such Person with respect thereto. 
 “FASB ASC” means the Accounting Standards
Codification of the Financial Accounting Standards Board. 
 “FATCA” means Sections 1471 through 1474 of the
Internal Revenue Code, as of the date of this Credit Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with), any current or future regulations or official interpretations
thereof and any agreements entered into pursuant to Section 1471(b)(1) of the Internal Revenue Code. 
 “Federal
Funds Rate” means, for any day, the rate per annum equal to the weighted average of the rates on overnight federal funds transactions with members of the Federal Reserve System arranged by federal funds brokers on such day, as published by
the Federal Reserve Bank of New York on the Business Day next succeeding such day; provided that (a) if such day is not a Business Day, the Federal 

  
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Funds Rate for such day shall be such rate on such transactions on the next 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 Rate for such day shall be the average rate (rounded upward, if necessary, to a whole multiple of 1/100 of 1%) charged to Bank of America on such day on such transactions as
determined by the Administrative Agent. 
 “Fee Letters” means (a) the letter agreement, dated as of
November 7, 2012, among the Borrower, the Administrative Agent and the Joint Lead Arrangers, (b) the letter agreement, dated as of November 7, 2012, among the Borrower, Bank of America and Merrill Lynch, Pierce, Fenner &
Smith Incorporated (the “Bank of America Fee Letter”), and (c) the letter agreement, date as of November 7, 2012, among the Borrower, Wells Fargo Bank, National Association, and Wells Fargo Securities, in each case as
amended and modified. 
 “Foreign Lender” means (a) if the Borrower is a U.S. Person, a Lender that is not
a U.S. Person, and (b) if the Borrower is not a U.S. Person, a Lender that is resident or organized under the Laws of a jurisdiction other than that in which the Borrower is resident for tax purposes. For purposes of this definition, the United
States, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 
 “Foreign
Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 
 “FRB” means the Board of
Governors of the Federal Reserve System of the United States. 
 “Fronting Exposure” means, at any time there
is a Defaulting Lender, (a) with respect to the L/C Issuer, such Defaulting Lender’s Applicable Percentage of the outstanding L/C Obligations other than L/C Obligations as to which such Defaulting Lender’s participation obligation has
been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof, and (b) with respect to the Swingline Lender, such Defaulting Lender’s Applicable Percentage of Swingline Loans other than Swingline Loans as to
which such Defaulting Lender’s participation obligation has been reallocated to other Lenders or Cash Collateralized in accordance with the terms hereof. 
 “Fund” means any Person (other than a natural person) that is (or will be) engaged in making, purchasing, holding or otherwise investing in commercial loans and similar extensions of
credit in the ordinary course of its activities. 
 “Funded Debt” means, with respect to any Person, without
duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by bonds (excluding performance and surety bonds incurred in the ordinary course of business), debentures, notes or similar
instruments, or upon which interest payments are customarily made, (c) all obligations of such Person under conditional sale or other title retention agreements relating to property purchased by such Person (other than customary reservations or
retentions of title under agreements with suppliers entered into in the ordinary course of business), (d) all obligations of such Person incurred, issued or assumed as the deferred purchase price of property or services purchased by such Person
(other than trade debt incurred in the ordinary course of business and due within twelve (12) months of the incurrence thereof) which would appear as liabilities on a balance sheet of such Person, including without limitation Earn Out
Obligations recognized as a liability on the balance sheet of the Borrower and its Subsidiaries in accordance with GAAP, (e) the principal portion of all obligations of such Person under Capital Leases, (f) all net obligations of such
Person under Swap Contracts, excluding any portion thereof which would be accounted for as interest expense under GAAP, (g) the maximum amount of all letters of credit issued or bankers’ acceptances facilities created for the account of
such Person and, without duplication, all drafts drawn thereunder (to the extent unreimbursed), (h) all preferred Equity Interests issued by such 

  
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Person and which by the terms thereof could be (at the request of the holders thereof or otherwise) subject to mandatory sinking fund payments prior to the date six (6) months after the
Maturity Date, redemption prior to the date six (6) months after the Maturity Date or other acceleration, (i) the Attributable Indebtedness of any Sale and Leaseback Transaction, Securitization Transaction and Synthetic Lease and, without
duplication, the principal balance outstanding under any tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing product, (j) all Indebtedness of others of the type described in clauses
(a) through (i) hereof secured by (or for which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on, or payable out of the proceeds of production from, property owned or
acquired by such Person, whether or not the obligations secured thereby have been assumed, provided that so long as such Indebtedness is non-recourse to such Person, only the portion of such obligations which is secured shall constitute
Indebtedness hereunder, (k) all Guaranty Obligations of such Person with respect to Indebtedness of another Person of the type described in clauses (a) through (i) hereof, and (l) all Indebtedness of the type
described in clauses (a) through (i) hereof of any partnership or unincorporated joint venture in which such Person is a general partner or a joint venturer; provided, however, that Funded Debt shall not include
Indebtedness among the Credit Parties and the Restricted Subsidiaries to the extent such Indebtedness would be eliminated on a consolidated basis. 
 “GAAP” means generally accepted accounting principles in the United States set forth in the opinions and pronouncements of the Accounting Principles Board and the American Institute of
Certified Public Accountants and statements and pronouncements of the Financial Accounting Standards Board or such other principles as may be approved by a significant segment of the accounting profession in the United States that are applicable to
the circumstances as of the date of determination, consistently applied and as in effect from time to time and subject to the terms of Section 1.03. 
 “Governmental Authority” means the government of the United States of America, or any other nation, or of any political subdivision thereof, whether state or local, and any agency,
authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government (including any supra-national
bodies such as the European Union or the European Central Bank). 
 “Guarantor Joinder Agreement” means a
Guarantor Joinder Agreement in substantially the form of Exhibit 7.09, executed and delivered by each Person that becomes a Guarantor in accordance with the provisions of Section 7.09. 

“Guarantors” means (a) any of the Domestic Subsidiaries identified as a “Guarantor” on the signature
pages hereto and (b) any Person which executes a Guarantor Joinder Agreement in accordance with the terms of this Credit Agreement, together with their successors and permitted assigns, in each case until the Guaranty of such Person is released
in accordance with the terms of this Credit Agreement. 
 “Guaranty” means the guaranty of the Guarantors set
forth in Article IV. 
 “Guaranty Obligations” means, with respect to any Person, without duplication,
any obligations of such Person (other than endorsements in the ordinary course of business of negotiable instruments for deposit or collection) guaranteeing or intended to guarantee any Indebtedness of any other Person in any manner, whether direct
or indirect, and including without limitation any obligation, whether or not contingent, (a) to purchase any such Indebtedness or any property constituting security therefor, (b) to advance or provide funds or other support for the payment
or purchase of any such Indebtedness or to maintain working capital, solvency or other balance sheet condition of such other Person (including without limitation keep well agreements, maintenance agreements, comfort letters or similar agreements or
arrangements) for the benefit of any holder of Indebtedness of such other Person, (c) to lease or 

  
 14 

 
purchase property, securities or services primarily for the purpose of assuring the holder of such Indebtedness, or (d) to otherwise assure or hold harmless the holder of such Indebtedness
against loss in respect thereof. The amount of any Guaranty Obligation hereunder shall (subject to any limitations set forth therein) be deemed to be an amount equal to the outstanding principal amount (or maximum principal amount, if larger) of the
Indebtedness in respect of which such Guaranty Obligation is made. 
 “Honor Date” has the meaning specified in
Section 2.03(c)(i). 
 “IFRS” means international accounting standards within the meaning of IAS
Regulation 1606/2002 to the extent applicable to the relevant financial statements delivered under or referred to herein. 

“Immaterial Domestic Subsidiary” means any Domestic Subsidiary of the Borrower that is not a Material Domestic
Subsidiary. 
 “Immaterial Foreign Subsidiary” means any Foreign Subsidiary of the Borrower that is not a
Material Foreign Subsidiary. 
 “Immaterial Guarantor” means a Guarantor designated as an “Immaterial
Guarantor” on Schedule 6.11, as such schedule may be amended from time to time, and that is not required to be a Guarantor pursuant to Section 7.09(b). 
 “Incremental Credit Facilities” has the meaning specified in Section 2.01(c). 
 “Indebtedness” means, with respect to any Person, without duplication, (a) all obligations of such Person for borrowed money, (b) all obligations of such Person evidenced by
bonds (excluding performance and surety bonds incurred in the ordinary course of business), debentures, notes or similar instruments, or upon which interest payments are customarily made, (c) all obligations of such Person under conditional
sale or other title retention agreements relating to property purchased by such Person (other than customary reservations or retentions of title under agreements with suppliers entered into in the ordinary course of business), (d) all
obligations of such Person issued or assumed as the deferred purchase price of property or services purchased by such Person (other than trade debt incurred in the ordinary course of business and due within twelve (12) months of the incurrence
thereof) which would appear as liabilities on a balance sheet of such Person, (e) all obligations of such Person under take-or-pay or similar arrangements or under commodities agreements, (f) all Indebtedness of others secured by (or for
which the holder of such Indebtedness has an existing right, contingent or otherwise, to be secured by) any Lien on, or payable out of the proceeds of production from, property owned or acquired by such Person, whether or not the obligations secured
thereby have been assumed, provided that so long as such Indebtedness is non-recourse to such Person, only the portion of such obligations which is secured shall constitute Indebtedness hereunder, (g) all Guaranty Obligations of such
Person with respect to Indebtedness of another Person, (h) the principal portion of all obligations of such Person under Capital Leases, (i) all net obligations of such Person under Swap Contracts, (j) the maximum amount of all
letters of credit issued or bankers’ acceptances facilities created for the account of such Person and, without duplication, all drafts drawn thereunder (to the extent unreimbursed), (k) all preferred Equity Interests issued by such Person
and which by the terms thereof could be (at the request of the holders thereof or otherwise) subject to mandatory sinking fund payments prior to the date six (6) months after the Maturity Date, redemption prior to the date six (6) months
after the Maturity Date or other acceleration, (l) the principal balance outstanding under any Synthetic Lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing product, and (m) the Indebtedness
of any partnership or unincorporated joint venture in which such Person is a general partner or a joint venturer. The amount of any net obligation under any Swap Contract on any date shall be deemed to be the Swap Termination Value thereof as of
such date. The amount of any Capital Lease or Synthetic Lease obligation as of any date shall be deemed to be the amount of Attributable Indebtedness in respect thereof as of such date. 

  
 15 

 “Indemnified Taxes” means (a) Taxes, other than Excluded Taxes,
imposed on or with respect to any payment made by or on account of any obligation of any Credit Party under any Credit Document and (b) to the extent not otherwise described in (a), Other Taxes. 

“Indemnitee” has the meaning specified in Section 11.04(b). 

“Information” has the meaning specified in Section 11.07. 

“Insolvency” means, with respect to any Multiemployer Plan, the condition that such Plan is insolvent within the meaning
of such term as used in Section 4245 of ERISA. 
 “Interest Payment Date” means, (a) as to any Base
Rate Loan (including Swingline Loans), the last Business Day of each March, June, September and December, the Maturity Date and the date of the final principal amortization payment on any Term Loan and, in the case of any Swingline Loan, any other
dates as may be mutually agreed upon by the Borrower and the Swingline Lender, and (b) as to any Eurodollar Rate Loan, the last Business Day of each Interest Period for such Loan, the date of repayment of principal of such Loan, the Maturity
Date and the date of the final principal amortization payment on any Term Loan, and in addition, where the applicable Interest Period exceeds three (3) months, the date every three (3) months after the beginning of such Interest Period. If
an Interest Payment Date falls on a date that is not a Business Day, such Interest Payment Date shall be deemed to be the immediately succeeding Business Day. 
 “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan
and ending on the date one (1), two (2), three (3) or six (6) months thereafter, as selected by the Borrower in its Loan Notice; provided that: 
 (a) any Interest Period that would otherwise end on a day that is not a Business Day shall be extended to the next succeeding Business Day unless such Business Day falls in another calendar month, in
which case such Interest Period shall end on the next preceding Business Day; 
 (b) any Interest Period that
begins on the last Business Day of a calendar month (or on a day for which there is no numerically corresponding day in the calendar month at the end of such Interest Period) shall end on the last Business Day of the calendar month at the end of
such Interest Period; 
 (c) no Interest Period shall extend beyond the Maturity Date; and 

(d) no Interest Period with respect to any Term Loan shall extend beyond any principal amortization payment date, except
to the extent that the portion of such Loan comprised of Eurodollar Rate Loans that is expiring prior to the applicable principal amortization payment date plus the portion comprised of Base Rate Loans equals or exceeds the principal
amortization payment then due. 
 “Internal Revenue Code” means the Internal Revenue Code of 1986, as amended.

  
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 “Investment” means all investments, in cash or by delivery of property
made, directly or indirectly in, to or from any Person, whether by acquisition of shares of Equity Interests, property, assets, indebtedness or other obligations or securities or by loan advance, capital contribution or otherwise. 

“Involuntary Disposition” means any loss of, damage to or destruction of, or any condemnation or other taking for public
use of, any property of any Credit Party or any Restricted Subsidiary. 
 “IRS” means the United States
Internal Revenue Service. 
 “ISP” means, with respect to any Letter of Credit, the “International Standby
Practices 1998” published by the Institute of International Banking Law & Practice, Inc. (or such later version thereof as may be in effect at the time of issuance). 

“Issuer Documents” means with respect to any Letter of Credit, the Letter of Credit Application, and any other document,
agreement and instrument entered into by the L/C Issuer and the Borrower (or any Subsidiary) or in favor of the L/C Issuer and relating to such Letter of Credit. 
 “Joint Lead Arrangers” means Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, in their capacities as joint lead arrangers and joint book managers.

 “L/C Advance” means, with respect to each Lender, such Lender’s funding of its participation in any L/C
Borrowing in accordance with its Applicable Percentage. 
 “L/C Borrowing” means an extension of credit
resulting from a drawing under any Letter of Credit which has not been reimbursed on the date when due or refinanced as a Borrowing of Revolving Loans. 
 “L/C Credit Extension” means, with respect to any Letter of Credit, the issuance thereof or extension of the expiry date thereof, or the increase of the amount thereof. 

“L/C Issuer” means (a) with respect to the Existing Letters of Credit, the issuer of those letters of credit
as identified on Schedule 2.03 and (b) Bank of America in its capacity as issuer of Letters of Credit hereunder and/ or any Lender appointed by the Borrower (with the consent of the Administrative Agent, which consent shall not be
unreasonably withheld or delayed) as an additional L/C Issuer pursuant to Section 2.03(l) or a replacement for any L/C Issuer who is at the time of such appointment a Defaulting Lender, in each case in its capacity as an issuer of
Letters of Credit pursuant to Section 2.03 and together with its successors and assigns. 
 “L/C
Obligations” means, as at any date of determination, the aggregate amount available to be drawn under all outstanding Letters of Credit plus the aggregate of all Unreimbursed Amounts, including all L/C Borrowings. For purposes of
computing the amount available to be drawn under any Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. For all purposes of this Credit Agreement, if on any date of determination a
Letter of Credit has expired by its terms but any amount may still be drawn thereunder by reason of the operation of Rule 3.14 of the ISP, such Letter of Credit shall be deemed to be “outstanding” in the amount so remaining available to be
drawn. 
 “Laws” means, collectively, all international, foreign, federal, state and local statutes, treaties,
rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or
administration thereof, and all applicable administrative orders, directed duties, binding requests, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case whether or not having the force of law.

  
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 “Lead Lender” means Bank of America and Wells Fargo Bank, National
Association. 
 “Lender Joinder Agreement” means a joinder agreement, substantially in the form of Exhibit
2.01(c), executed and delivered in accordance with the provisions of Section 2.01(c). 

“Lenders” means each of the Persons identified as a “Lender” on the signature pages hereto, each other Person
that becomes a “Lender” in accordance with this Credit Agreement and their successors and assigns and, as the context requires, includes the Swingline Lender. 
 “Lending Office” means, as to any Lender, the office or offices of such Lender described as such in such Lender’s Administrative Questionnaire, or such other office or offices as a
Lender may from time to time notify the Borrower and the Administrative Agent. 
 “Letter of Credit” means any
letter of credit issued hereunder and shall include the Existing Letters of Credit. A Letter of Credit may be a commercial letter of credit or a standby letter of credit. 
 “Letter of Credit Application” means an application and agreement for the issuance or amendment of a Letter of Credit in the form from time to time in use by the L/C Issuer. 

“Letter of Credit Expiration Date” means the day that is seven (7) days prior to the Maturity Date then in effect
(or, if such day is not a Business Day, the next preceding Business Day). 
 “Letter of Credit Fee” has the
meaning specified in Section 2.03(h). 
 “Letter of Credit Sublimit” means an amount equal to the lesser
of (a) $150,000,000 and (b) the Aggregate Revolving Commitments. The Letter of Credit Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments. 

“Lien” means any mortgage, pledge, hypothecation, assignment, deposit arrangement, security interest, encumbrance, lien
(statutory or otherwise), preference, priority or charge of any kind (including any conditional sale or other title retention agreement, any financing or similar statement or notice filed under the Uniform Commercial Code as adopted and in effect in
the relevant jurisdiction or other similar recording or notice statute, and any lease in the nature thereof). 

“Loan” means an extension of credit by a Lender to the Borrower under Article II in the form of a Revolving Loan,
Swingline Loan or Term Loan. 
 “Loan Notice” means a notice of (a) a Borrowing of Revolving Loans or Term
Loans, (b) a conversion of Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, in each case pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of
Exhibit 2.02. 
 “London Banking Day” means any day on which dealings in Dollar deposits are
conducted by and between banks in the London interbank eurodollar market. 
 “Material Adverse Effect” means a
material adverse effect on (a) the business, assets, financial condition or liabilities of the Credit Parties and the Restricted Subsidiaries, taken as a whole, (b) the ability of the Credit Parties, taken as a whole, to perform their
obligations, when such obligations are required to be performed, under this Credit Agreement, any of the Notes or any other Credit Document or 

  
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(c) the validity or enforceability of this Credit Agreement, any of the Notes or any of the other Credit Documents or the material rights or remedies of the Administrative Agent or the
Lenders hereunder or thereunder. 
 “Material Domestic Subsidiary” means any Domestic Subsidiary of the
Borrower that is a Restricted Subsidiary that either: (a) owns assets included in Consolidated Total Assets having a book value equal to or greater than five percent (5%) of Consolidated Total Assets as of the most recent fiscal quarter
ended or (b) that accounted for Consolidated EBITDA for the most recently ended period of four (4) consecutive fiscal quarters equal to or greater than five percent (5%) of Consolidated EBITDA for the same four (4) fiscal quarter
period. 
 “Material Foreign Subsidiary” means any Foreign Subsidiary of the Borrower that is a Restricted
Subsidiary that either: (a) owns assets included in Consolidated Total Assets having a book value equal to or greater than five percent (5%) of Consolidated Total Assets as of the most recent fiscal quarter ended or (b) that accounted
for Consolidated EBITDA for the most recently ended period of four (4) consecutive fiscal quarters equal to or greater than five percent (5%) of Consolidated EBITDA for the same four (4) fiscal quarter period. 

“Materials of Environmental Concern” means all explosive or radioactive substances or wastes and all hazardous or toxic
substances, wastes or other pollutants, including petroleum or petroleum distillates, asbestos or asbestos-containing materials, polychlorinated biphenyls, radon gas, infectious or medical wastes and all other substances or wastes of any nature
regulated pursuant to any Environmental Law. 
 “Maturity Date” means as to the Revolving Loans, the Term Loan
A, the Swingline Loans and the Letters of Credit (and the related L/C Obligations), December 3, 2017; provided, however, that, in each case, if such date is not a Business Day, the Maturity Date shall be the next preceding
Business Day. 
 “Maximum Rate” has the meaning specified in Section 11.09. 

“Minimum Collateral Amount” means, at any time, (i) with respect to Cash Collateral consisting of cash or deposit
account balances provided to reduce or eliminate Fronting Exposure during the existence of a Defaulting Lender, an amount equal to one hundred percent (100%) of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued
and outstanding at such time, (ii) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal
to one hundred percent (100%) of the Outstanding Amount of all L/C Obligations, and (iii) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion. 

“MNPI” has the meaning specified in Section 2.16(a)(vi). 

“Moody’s” means Moody’s Investors Service, Inc., or any successor or assignee of the business of such company
in the business of rating securities. 
 “Multiemployer Plan” means any employee benefit plan of the type
described in Section 4001(a)(3) of ERISA, to which any Credit Party or any ERISA Affiliate makes or is obligated to make contributions, or during the preceding five (5) plan years, has made or been obligated to make contributions.

  
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 “Multiple Employer Plan” means a Plan which has two (2) or more
contributing sponsors (including any Credit Party or any ERISA Affiliate) at least two (2) of whom are not under common control, as such a plan is described in Section 4064 of ERISA. 

“Net Cash Proceeds” means the aggregate cash or Cash Equivalents proceeds received by any Credit Party or any Restricted
Subsidiary in respect of any Disposition, Debt Issuance or Involuntary Disposition, net of (a) direct costs incurred in connection therewith (including, without limitation, legal, accounting and investment banking fees, and sales commissions),
(b) taxes paid or payable as a result thereof and (c) in the case of any Disposition or any Involuntary Disposition, the amount necessary to retire any Indebtedness secured by a Permitted Lien (ranking senior to any Lien of the
Administrative Agent) on the related property; it being understood that “Net Cash Proceeds” shall include, without limitation, any cash or Cash Equivalents received upon the sale or other disposition of any non-cash consideration received
by any Credit Party or any Restricted Subsidiary in any Disposition, Debt Issuance or Involuntary Disposition. Net Cash Proceeds shall not include any cash payments held in escrow until such time as such amounts are released from escrow. 

“Non-Consenting Lender” has the meaning specified in Section 11.13. 

“Non-Defaulting Lender” means, at any time, each Lender that is not a Defaulting Lender at such time. 

“Non-Extension Notice of Date” has the meaning specified in Section 2.03(b)(iii). 

“Notes” means the Revolving Notes, the Swingline Note and the Term Notes, individually or collectively, as appropriate.

 “Obligations” means all advances to, and debts, liabilities, obligations, covenants and duties of, any
Credit Party arising under any Credit Document or otherwise with respect to any Loan or Letter of Credit, 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 Debtor Relief Laws naming such Person as the debtor in such proceeding, regardless of
whether such interest and fees are allowed claims in such proceeding. The foregoing shall also include (a) all obligations under any Swap Contract between any Credit Party or any Subsidiary and any Swap Contract Provider that is permitted to be
incurred pursuant to Section 8.01(e) and (b) all obligations under any Treasury Management Agreement between any Credit Party and any Treasury Management Bank. 

“OFAC” means the Office of Foreign Assets Control of the United States Department of the Treasury. 

“Other Connection Taxes” means, with respect to any Recipient, Taxes imposed as a result of a present or former
connection between such Recipient and the jurisdiction imposing such Tax (other than connections arising from such Recipient having executed, delivered, become a party to, performed its obligations under, received payments under, received or
perfected a security interest under, engaged in any other transaction pursuant to or enforced any Credit Document, or sold or assigned an interest in any Loan or Credit Document). 

“Other Taxes” means all present or future stamp, court or documentary, intangible, recording, filing or similar Taxes
that arise from any payment made under, from the execution, delivery, performance, enforcement or registration of, from the receipt or perfection of a security interest under, or otherwise with respect to, any Credit Document, except any such Taxes
that are Other Connection Taxes imposed with respect to an assignment (other than an assignment made pursuant to Section 3.06). 

  
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 “Outstanding Amount” means (a) with respect to any Loans on any date,
the aggregate outstanding principal amount thereof after giving effect to any borrowings and prepayments or repayments of any Loans occurring on such date; and (b) with respect to any L/C Obligations on any date, the amount of such L/C
Obligations on such date after giving effect to any L/C Credit Extension occurring on such date and any other changes in the aggregate amount of the L/C Obligations as of such date, including as a result of any reimbursements by the Borrower of
Unreimbursed Amounts. 
 “Participant” has the meaning specified in Section 11.06(d). 

“Participant Register” has the meaning specified in Section 11.06(d). 

“Patriot Act” has the meaning specified in Section 11.18. 

“PBGC” means the Pension Benefit Guaranty Corporation. 

“Pension Act” means the Pension Protection Act of 2006. 

“Pension Funding Rules” means the rules of the Internal Revenue Code and ERISA regarding minimum required contributions
(including any installment payment thereof) to Pension Plans and set forth in, with respect to plan years ending prior to the effective date of the Pension Act, Section 412 of the Internal Revenue Code and Section 302 of ERISA, each as in
effect prior to the Pension Act and, thereafter, Section 412, 430, 431, 432 and 436 of the Internal Revenue Code and Sections 302, 303, 304 and 305 of ERISA. 
 “Pension Plan” means any employee pension benefit plan (including a Multiple Employer Plan or a Multiemployer Plan) that is maintained or is contributed to by any Credit Party and any
ERISA Affiliate and is either covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Internal Revenue Code. 
 “Permitted Acquisition” means (a) the Closing Date Acquisition and (b) any other Acquisition or any series of related Acquisitions by a Credit Party of the assets or a majority
of the Voting Stock of a Person that is incorporated, formed or organized under the laws of the United States (including any state, commonwealth or territory thereof and the District of Columbia), Canada or any country in Europe or any division,
line of business or other business unit of a Person that is incorporated, formed or organized under the laws of the United States (including any state, commonwealth or territory thereof and the District of Columbia), Canada or any country in Europe
(such Person or such division, line of business or other business unit of such Person referred to herein as the “Target”), in each case that is a type of business (or assets used in a type of business) permitted to be engaged in by
the Credit Parties and their Subsidiaries pursuant to Section 8.03 hereof, so long as (a) no Default or Event of Default shall then exist or would exist after giving effect thereto, (b) the Credit Parties shall demonstrate to
the reasonable satisfaction of the Administrative Agent that (i) the Credit Parties will be in compliance on a Pro Forma Basis with all of the terms and provisions of the financial covenants set forth in Section 7.07 as of the end
of the most recently ended fiscal quarter and (ii) the Consolidated Leverage Ratio shall be at least 0.25:1.00 (“one-quarter turn”) below the then applicable Consolidated Leverage Ratio after giving effect to such Acquisition on a Pro
Forma Basis, (c) if public, such Acquisition is not a “hostile” Acquisition and has been approved by the board of directors, shareholders and/or comparable governing body of the applicable Credit Party and the Target, (d) the
Credit Parties shall have complied to the reasonable satisfaction of the Administrative Agent with the documentation requirements in Section 7.02(d), (e) the 

  
 21 

 
Credit Parties shall have on a Pro Forma Basis after giving effect to such Acquisition unrestricted cash or unrestricted Cash Equivalents and/or availability under the Aggregate Revolving
Commitments (which the Borrower could borrow without causing an Event of Default) in an aggregate amount of at least $40,000,000 and (f) Total Consideration paid for all Acquisitions of Persons incorporated, formed or organized in any
jurisdiction other than any state of the United States or the District of Columbia shall not exceed $150,000,000 during the period from the Closing Date through the Maturity Date. 

“Permitted Dispositions” means Dispositions permitted under Section 8.04(a)(i), (ii), (iii),
(iv), (v), (vii)(A), (vii)(B)(1), (ix) and (x). 
 “Permitted
Investments” means: 
 (a) cash and Cash Equivalents and other Investments existing as of the Closing
Date and set forth on Schedule 8.05; 
 (b) receivables owing to the Borrower or any of its Restricted
Subsidiaries or any receivables and advances to suppliers, in each case if created, acquired or made in the ordinary course of business and payable or dischargeable in accordance with customary trade terms; 

(c) Investments by any Credit Party to any other Credit Party; 

(d) loans and advances to officers, directors and employees in the ordinary course of business in an aggregate amount not
to exceed $1,000,000 at any time outstanding; provided that such loans and advances shall comply with all applicable Requirements of Law; 
 (e) Investments (including debt obligations) received in connection with the bankruptcy or reorganization of suppliers and customers and in settlement of delinquent obligations of, and other disputes
with, customers and suppliers arising in the ordinary course of business; 
 (f) any assignment of intellectual
property from the Borrower or any Restricted Subsidiary to (i) any Restricted Subsidiary or (ii) any Unrestricted Subsidiary if such intellectual property has not been registered with the U.S. Patent and Trademark Office, the U.S.
Copyright Office or any other governmental authority in the United States or any other jurisdiction. 
 (g)
Investments, acquisitions or transactions permitted under Sections 8.04(b)(ii)(B), (C) and (D); 
 (h) Permitted Acquisitions; 
 (i) Investments in Swap Contracts to
the extent permitted by Section 8.01(e); 
 (j) Investments (i) in wholly owned Unrestricted
Subsidiaries in an aggregate amount not to exceed $100,000,000 outstanding at any time, (ii) in non-wholly owned Unrestricted Subsidiaries in an aggregate amount not to exceed $30,000,000, and (iii) in non-wholly owned Restricted
Subsidiaries, in an aggregate amount not to exceed $30,000,000 outstanding at any time; 
 (k) (i) Investments in
wholly owned Restricted Subsidiaries that are Domestic Subsidiaries and (ii) Investments in wholly owned Restricted Subsidiaries that are Foreign Subsidiaries in an aggregate amount not to exceed $50,000,000 outstanding at any time; and

  
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 (l) additional Investments of a nature not contemplated by the foregoing
clauses hereof; provided that such Investments made pursuant to this clause shall not exceed an aggregate amount of $50,000,000 outstanding at any time. 
 “Permitted Liens” means 
 (a) Liens in favor of a
Swap Contract Provider in connection with a Swap Contract that is (i) between a Credit Party or its Subsidiary and a Swap Contract Provider and (ii) permitted under Section 8.01(e); 

(b) Liens securing purchase money Indebtedness and Capital Lease Obligations to the extent permitted under
Section 8.01(c); provided, that (i) any such Lien attaches to such property concurrently with or within ninety (90) days after the acquisition thereof and (ii) such Lien attaches solely to the property so acquired
in such transaction; 
 (c) Liens for taxes, assessments, charges or other governmental levies not yet due or as
to which the period of grace, if any, related thereto has not expired or which are being contested in good faith by appropriate proceedings, provided that adequate reserves with respect thereto are maintained on the books of the Borrower or
its Restricted Subsidiaries, as the case may be, in conformity with GAAP; 
 (d) carriers’,
warehousemen’s, mechanics’, materialmen’s, repairmen’s or other like Liens arising in the ordinary course of business which are not overdue for a period of more than sixty (60) days or which are being contested in good faith
by appropriate proceedings; 
 (e) pledges or deposits in connection with workers’ compensation,
unemployment insurance and other social security legislation and deposits securing liability to insurance carriers under insurance or self-insurance arrangements incurred in the ordinary course of business; 

(f) deposits to secure the performance of bids, trade contracts (other than for borrowed money), leases, statutory
obligations, surety and appeal bonds, performance bonds and other obligations of a like nature incurred in the ordinary course of business; 
 (g) Liens existing on the Closing Date and set forth on Schedule 8.02; provided that no such Lien shall at any time be extended to cover property or assets other than the property or assets
subject thereto on the Closing Date; 
 (h) easements, rights-of-way, restrictions (including zoning
restrictions), minor defects or irregularities in title and other similar charges or encumbrances not, in any material respect, impairing the use of the encumbered Property for its intended purpose; 

(i) any extension, renewal or replacement (or successive extensions, renewals or replacements), in whole or in part, of
any Lien referred to in the foregoing clauses and in clauses (j), (k) and (m); provided that such extension, renewal or replacement Lien shall be limited to all or a part of the property which secured the Lien so extended, renewed or
replaced; 
 (j) Liens securing Indebtedness incurred pursuant to Section 8.01(i), provided
that such Liens do not secure obligations in excess of $30,000,000 in the aggregate at any time outstanding; 

  
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 (k) bankers’ Liens, rights of setoff and other similar Liens existing
solely with respect to cash and Cash Equivalents on deposit in one (1) or more accounts maintained by any Credit Party or a Restricted Subsidiary arising in the ordinary course of business from netting services, overdraft protection, cash
management obligations and otherwise in connection with the maintenance of deposit, securities and commodities accounts; 
 (l) Liens on property of a Person existing at the time such Person is merged into or consolidated with the Borrower or any Subsidiary of the Borrower or becomes a Subsidiary of the Borrower;
provided that (i) such Liens were not created in contemplation of such merger, consolidation or investment and do not extend to any assets other than those of the Person merged into or consolidated with the Borrower or such Subsidiary or
acquired by the Borrower or such Subsidiary and (ii) such Liens do not secure obligations in excess of $75,000,000 in the aggregate at any time outstanding; and 

(m) other Liens not described above, provided that such Liens do not secure obligations in excess of $25,000,000 in
the aggregate at any time outstanding. 
 “Permitted Refinancing” means any extension, renewal, refinancing,
refunding or replacement of any existing Indebtedness so long as any such extended, renewed, refinanced, refunded or replaced Indebtedness (a) has an average life to maturity that is longer than that of the Indebtedness being extended, renewed,
refinanced, refunded or replaced, (b) does not include an obligor that was not an obligor with respect to the Indebtedness being extended, renewed, refinanced, refunded or replaced and (c) does not exceed the principal amount of the
Indebtedness being extended, renewed, refinanced, refunded or replaced plus any reasonable fees, premiums and other financing costs payable in connection therewith. 
 “Person” means any natural person, corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 

“Plan” means any employee benefit plan within the meaning of Section 3(3) of ERISA (including a Pension Plan),
maintained for employees of any Credit Party or any ERISA Affiliate or any such Plan to which any Credit Party or any ERISA Affiliate is required to contribute on behalf of any of its employees. 

“Platform” has the meaning specified in Section 7.02. 

“Pledge Agreement” means the Pledge Agreement, dated as of the Closing Date, executed in favor of the Administrative
Agent for the benefit of the Secured Parties by each of the Credit Parties. 
 “Pledgor” has the meaning
specified in the Pledge Agreement. 
 “Pro Forma Basis” means, with respect to any transaction (other than
Acquisitions), that for purposes of calculating the financial covenants set forth in Section 7.07, such transaction shall be deemed to have occurred as of the first day of the most recent four (4) fiscal quarter period preceding the
date of such transaction for which financial statements were required to be delivered pursuant to Section 7.01(a) or (b) or, with respect to any Acquisition, such Acquisition shall be deemed to have occurred as of the first
day of the most recent four (4) fiscal quarter period preceding the date of such transaction for which financial statements are available for the Target. In connection with the foregoing, (a) with respect to any Disposition (other than
Permitted Dispositions) or Involuntary Disposition, (i) income statement items (whether positive or negative) attributable to the property disposed of shall be excluded to the extent relating to any period occurring prior to the date of such
transaction and (ii) Indebtedness which is retired shall be excluded and deemed to have been retired as of the first day of the applicable period and (b) with 

  
 24 

 
respect to any Acquisition, (i) income statement items of an ongoing nature that are attributable to the Person or property acquired shall be included to the extent relating to any period
applicable in such calculations to the extent (A) such items are not otherwise included in such income statement items for the Borrower and its Restricted Subsidiaries in accordance with GAAP or in accordance with any defined terms set forth in
Section 1.01 and (B) such items are supported by financial statements or other information reasonably satisfactory to the Administrative Agent and (ii) any Indebtedness incurred or assumed by any Credit Party or any Restricted
Subsidiary (including the Person or property acquired) in connection with such transaction and any Indebtedness of the Person or property acquired which is not retired in connection with such transaction (A) shall be deemed to have been
incurred as of the first day of the applicable period and (B) if such Indebtedness has a floating or formula rate, shall have an implied rate of interest for the applicable period for purposes of this definition determined by utilizing the rate
which is or would be in effect with respect to such Indebtedness as at the relevant date of determination. 

“Projections” has the meaning specified in Section 6.14. 

“Properties” has the meaning specified in Section 6.15(a). 

“Public Lender” has the meaning specified in Section 7.02. 

“Purchase Agreement Representations” has the meaning specified in Section 5.01(h). 

“Recipient” means the Administrative Agent, any Lender, the L/C Issuer or any other recipient of any payment to be made
by or on account of any obligation of any Credit Party hereunder. 
 “Recovery Event” means the receipt by the
Borrower or any of its Subsidiaries of any cash insurance proceeds or condemnation award payable by reason of theft, loss, physical destruction or damage, taking or similar event with respect to any of their respective property or assets but
excluding cash receipts in the ordinary course of business. 
 “Register” has the meaning specified in
Section 11.06(c). 
 “Regulation T, U or X” means Regulation T, U or X, respectively, of the Board
of Governors of the Federal Reserve System as from time to time in effect and any successor to all or a portion thereof. 

“Related Parties” means, with respect to any Person, such Person’s Affiliates and the partners, directors,
officers, employees, agents, trustees and advisors of such Person and of such Person’s Affiliates. 
 “Removal
Effective Date” has the meaning specified in Section 10.06(b). 
 “Reorganization” means,
with respect to any Multiemployer Plan, the condition that such Plan is in reorganization within the meaning of such term as used in Section 4241 of ERISA. 
 “Reportable Event” means any of the events set forth in Section 4043(c) of ERISA, other than events for which the
 thirty (30)-day notice period has been waived. 

“Request for Credit Extension” means (a) with respect to a Borrowing, conversion or continuation of Loans, a Loan
Notice, (b) with respect to an L/C Credit Extension, a Letter of Credit Application, and (c) with respect to a Swingline Loan, a Swingline Loan Notice. 

  
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 “Required Lenders” means, at any time, Lenders holding in the aggregate
more than fifty percent (50%) of (a) the unfunded Commitments and the outstanding Loans, L/C Obligations and participations therein or (b) if the Commitments have been terminated, the outstanding Loans, L/C Obligations and
participations therein. The unfunded Commitments of, and the outstanding Loans, L/C Obligations and participations therein held or deemed held by, any Defaulting Lender shall be excluded for purposes of making a determination of Required Lenders.

 “Requirement of Law” means, 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 to which any of its
material property is subject. 
 “Resignation Effective Date” has the meaning specified in
Section 10.06(a). 
 “Responsible Officer” means the chief executive officer, president, chief
financial officer, treasurer, assistant treasurer or controller of a Credit Party, solely for purposes of the delivery of incumbency certificates pursuant to Section 5.01, the secretary or any assistant secretary of a Credit Party and,
solely for purposes of notices given pursuant to Article II, any other officer or employee of the applicable Credit Party so designated by any of the foregoing officers in a notice to the Administrative Agent. Any document delivered hereunder
that is signed by a Responsible Officer of a Credit Party shall be conclusively presumed to have been authorized by all necessary corporate, partnership and/or other action on the part of such Credit Party and such Responsible Officer shall be
conclusively presumed to have acted on behalf of such Credit Party. 
 “Restricted Payment” means (a) any
dividend or other distribution, direct or indirect, on account of any shares of any class of Equity Interest of any Credit Party or any Restricted Subsidiary, now or hereafter outstanding, (b) any redemption, retirement, sinking fund or similar
payment, purchase or other acquisition for value, direct or indirect, of any shares of any class of Equity Interest of any Credit Party or any Restricted Subsidiary, now or hereafter outstanding (including without limitation any payment to any
employee of the Borrower in respect of equity awards to such employee), (c) any payment made to retire, or to obtain the surrender of, any outstanding warrants, options or other rights to acquire shares of any class of Equity Interest of any
Credit Party or any Restricted Subsidiary, now or hereafter outstanding or (d) any payment or prepayment of principal of, premium, if any, or interest on, redemption, purchase, retirement, defeasance, sinking fund or similar payment with
respect to, any Subordinated Indebtedness. 
 “Restricted Subsidiary” means any Subsidiary of the Borrower that
is not an Unrestricted Subsidiary. 
 “Revolving Commitment” means, as to each Lender, its obligation to
(a) make Revolving Loans to the Borrower pursuant to Section 2.01, (b) purchase participations in L/C Obligations, and (c) purchase participations in Swingline Loans, in an aggregate principal amount at any one time
outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto or in any documentation executed by such Lender pursuant
to Section 2.01(c), as applicable as such amount may be adjusted from time to time in accordance with this Credit Agreement. 
 “Revolving Loan” has the meaning specified in Section 2.01(a). 
 “Revolving Note” has the meaning specified in Section 2.11(a). 

  
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 “S&P” means Standard & Poor’s Financial Services LLC, a
subsidiary of The McGraw-Hill Companies, Inc., or any successor thereof. 
 “Sale and Leaseback Transaction”
means, with respect to any Credit Party or any Restricted Subsidiary, any arrangement, directly or indirectly, with any Person whereby such Credit Party or such Subsidiary shall sell or transfer any property used or useful in its business, whether
now owned or hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property being sold or transferred. 

“Sanctioned Entity” means (a) a country or a government of a country, (b) an agency of the government of a
country, (c) an organization directly or indirectly controlled by a country or its government, or (d) a person or entity resident in or determined to be resident in a country, that is subject to a country sanctions program administered and
enforced by OFAC. 
 “Sanctioned Person” means a person named on the list of Specially Designated Nationals
maintained by OFAC. 
 “SEC” means the Securities and Exchange Commission, or any Governmental Authority or any
successor or analogous United States Governmental Authority. 
 “Secured Parties” means the Administrative
Agent, the Lenders, the Swap Contract Providers and the Treasury Management Banks. 
 “Securitization
Transaction” means, with respect to any Person, any financing transaction or series of financing transactions (including factoring arrangements) pursuant to which such Person or any Subsidiary of such Person may sell, convey or otherwise
transfer, or grant a security interest in, accounts, payments, receivables, rights to future lease payments or residuals or similar rights to payment to a special purpose subsidiary or affiliate of such Person. 

“Security Documents” means a collective reference to the Pledge Agreement and other security documents as may be
executed and delivered by the Credit Parties pursuant to the terms of Section 7.12 or any of the Credit Documents. 

“Senior Subordinated Notes” means, collectively, the 7.125% senior subordinated notes due 2021 issued or to be issued by
Dycom Investments, Inc., a Delaware corporation, a wholly owned Subsidiary of the Borrower and a Guarantor under the Credit Agreement, under that certain Indenture dated as of January 21, 2011 by and among Dycom Investments, Inc., certain
guarantors party thereto and the trustee party thereto. 
 “Subordinated Indebtedness” means (a) the
Senior Subordinated Notes, and (b) any other Indebtedness incurred by any Credit Party that by its terms is specifically subordinated in right of payment to the prior payment of the Revolving Loans, the L/C Obligations, the Swingline Loans and
Term Loans on terms reasonably satisfactory to the Administrative Agent. 
 “Subsidiary” means, as to any
Person, a corporation, partnership, limited liability company or other entity of which shares of stock or other ownership interests having ordinary voting power to elect a majority of the directors or other managers of such corporation, partnership,
limited liability company or other entity (irrespective of whether or not at the time, any class or classes of such corporation shall have or might have voting power by reason of the happening of any contingency) are at the time owned by such Person
directly or indirectly through Subsidiaries. Unless otherwise identified, “Subsidiary” or “Subsidiaries” shall mean Subsidiaries of the Borrower. 

  
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 “Swap Contract” means, with respect to any Person, any agreement entered
into to protect such Person against fluctuations in interest rates, or currency or raw materials values, including, without limitation, any interest rate swap, cap or collar agreement or similar arrangement between such Person and one (1) or
more counterparties, any foreign currency exchange agreement, currency protection agreements, commodity purchase or option agreements or other interest or exchange rate or commodity price hedging agreements. 

“Swap Contract Provider” means any Person that enters into a Swap Contract with a Credit Party or any Subsidiary that is
permitted by Section 8.01(e) to the extent such Person is a (a) Lender, (b) an Affiliate of a Lender or (c) any other Person that was a Lender (or an Affiliate of a Lender) at the time it entered into the Swap Contract but
has ceased to be a Lender (or whose Affiliate has ceased to be a Lender) under this Credit Agreement. 
 “Swap
Termination Value” means, in respect of any one (1) or more Swap Contracts, after taking into account the effect of any legally enforceable netting agreement relating to such Swap Contracts, (a) for any date on or after the date
such Swap Contracts have been closed out and termination value(s) determined in accordance therewith, such termination value(s) and (b) for any date prior to the date referenced in clause (a), the amount(s) determined as the
mark-to-market value(s) for such Swap Contracts, as determined based upon one (1) or more mid-market or other readily available quotations provided by any recognized dealer in such Swap Contracts (which may include a Lender or any Affiliate of
a Lender). 
 “Swift” has the meaning specified in Section 2.03(f). 

“Swingline Note” has the meaning specified in Section 2.11(a). 

“Swingline Lender” means Bank of America in its capacity as provider of Swingline Loans, or any successor swing line
lender hereunder. 
 “Swingline Loan” has the meaning specified in Section 2.04(a). 

“Swingline Loan Notice” means a notice of a Borrowing of Swingline Loans pursuant to Section 2.04(b), which,
if in writing, shall be substantially in the form of Exhibit 2.04. 
 “Swingline Note” has the meaning
specified in Section 2.11(a). 
 “Swingline Sublimit” means an amount equal to the lesser of
(a) $30,000,000 and (b) the Aggregate Revolving Commitments. The Swingline Sublimit is part of, and not in addition to, the Aggregate Revolving Commitments. 
 “Synthetic Lease” means any synthetic lease, tax retention operating lease, off-balance sheet loan or similar off-balance sheet financing arrangement whereby the arrangement is considered
borrowed money indebtedness for tax purposes but is classified as an operating lease or does not otherwise appear on a balance sheet under GAAP. 
 “Target” has the meaning specified in the definition of “Permitted Acquisition.” 
 “Taxes” means all present or future taxes, levies, imposts, duties, deductions, withholdings (including backup withholding), assessments, fees or other charges imposed by any Governmental
Authority, including any interest, additions to tax or penalties applicable thereto. 

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

 “Term Loan A Commitment” means, as to each Lender, its obligation to make a Term Loan in an aggregate
principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto or in any documentation
executed by such Lender pursuant to Section 2.01(c), as applicable as such amount may be adjusted from time to time in accordance with this Credit Agreement. The aggregate principal amount of the Term Loan A Commitments of all of the
Lenders as in effect on the Closing Date is $125,000,000. 
 “Term Loan Commitment” means, as to each Lender,
its obligation to make a Term Loan in an aggregate principal amount at any one time outstanding not to exceed the amount set forth opposite such Lender’s name on Schedule 2.01 or in the Assignment and Assumption pursuant to which such
Lender becomes a party hereto or in any documentation executed by such Lender pursuant to Section 2.01(c), as applicable as such amount may be adjusted from time to time in accordance with this Credit Agreement. 

“Term Loans” has the meaning specified in Section 2.01(c). 

“Term Note” has the meaning specified in Section 2.11(a). 

“Total Consideration” has the meaning specified in Section 7.02(d). 

“Total Revolving Outstandings” means the aggregate Outstanding Amount of all Revolving Loans, all Swingline Loans and
all L/C Obligations. 
 “Trading with the Enemy Act” has the meaning specified in Section 6.18.

 “Treasury Management Agreement” means any agreement that is not prohibited by the terms hereof to provide
treasury or cash management services, including deposit accounts, overnight draft, credit cards, debit cards, p cards (including, purchasing cards and commercial cards), funds transfer, automated clearinghouse, zero balance accounts, returned check
concentration, controlled disbursement, lockbox, account reconciliation and reporting and trade finance services and other cash management services. 
 “Treasury Management Bank” means any Person in its capacity as a party to a Treasury Management Agreement with the Borrower or any Subsidiary provided that (a) at the time such
Person enters into such Treasury Management Agreement, such Person is a Lender or an Affiliate of a Lender, or (b) such Treasury Management Agreement exists on the Closing Date and such Person is a Lender or an Affiliate of a Lender on the
Closing Date. 
 “Type” means, with respect to any Loan, its character as a Base Rate Loan or a Eurodollar Rate
Loan. 
 “UCC” or “Uniform Commercial Code” means the Uniform Commercial Code, as in effect in
any applicable jurisdiction. 
 “UCP” means, with respect to any Letter of Credit, the Uniform Customs and
Practice for Documentary Credits, International Chamber of Commerce (“ICC”) Publication No. 600 (or such later version thereof as may be in effect at the time of issuance). 

“United States” and “U.S.” mean the United States of America. 

  
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 “Unreimbursed Amount” has the meaning specified in
Section 2.03(c)(i). 
 “Unrestricted Subsidiaries” means (a) Subsidiaries designated on the
Closing Date by the Borrower as “Unrestricted Subsidiaries” on Schedule 6.11 and other Subsidiaries designated from time to time by the Borrower in writing to the Administrative Agent that are in the same businesses or businesses
reasonably related to, or reasonably ancillary or reasonably complementary to, the businesses of the Borrower and its Subsidiaries and (b) Subsidiaries (i) established for business purposes approved by the Administrative Agent (such
approval not to be unreasonably withheld) and (ii) designated from time to time by the Borrower as “Unrestricted Subsidiaries” on Schedule 6.11 (as such schedule may be updated from time to time as permitted by this Credit
Agreement); provided that (x) Investments by the Borrower and its Restricted Subsidiaries in Unrestricted Subsidiaries shall not exceed the limitations set forth in clauses (a), (f) and (j) of the
definition of Permitted Investments and (y) Investments in Unrestricted Subsidiaries pursuant to clause (j) of the definition of Permitted Investments shall be deemed to include an amount (not less than zero) equal to the difference
of (I) the book value of assets of any Guarantor or Restricted Subsidiary designated after the Closing Date as an Unrestricted Subsidiary that are included in Consolidated Total Assets as of the most recent fiscal quarter ended minus
(II) such Guarantor’s or Restricted Subsidiary’s liabilities as of the most recent fiscal quarter ended. 

“U.S. Foreign Holdco” means any Domestic Subsidiary substantially all of the assets of which are Equity Interests of one
or more Foreign Subsidiaries. 
 “U.S. Person” means any Person that is a “United States Person” as
defined in Section 7701(a)(30) of the Internal Revenue Code. 
 “U.S. Tax Compliance Certificate” has the
meaning specified in Section 3.01(e)(ii)(B)(III). 
 “Voting Stock” means, with respect to any
Person, Equity Interests issued by such Person the holders of which are ordinarily, in the absence of contingencies, entitled to vote for the election of directors (or persons performing similar functions) of such Person, even though the right so to
vote has been suspended by the happening of such a contingency. 
 “Wells Fargo Securities” means Wells Fargo
Securities, LLC and its successors. 
 1.02 Other Interpretive Provisions. 

With reference to this Credit Agreement and each other Credit Document, unless otherwise specified herein or in such other Credit
Document: 
 (a) The definitions of terms herein shall apply equally to the singular and plural forms of the
terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes” and “including” shall be deemed to
be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise, (i) any definition of
or reference to any agreement, instrument or other document shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such
amendments, supplements or modifications set forth herein or in any other Credit Document), (ii) any reference herein to any Person shall be construed to include such Person’s successors and assigns, (iii) the words
“hereto,” “herein,” “hereof” and “hereunder,” and words of similar import when used in any Credit Document, shall be construed to refer to such Credit Document in its entirety and
not to any particular provision thereof, (iv) all references in a Credit 

  
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Document to Articles, Sections, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Exhibits and Schedules to, the Credit Document in which such references appear,
(v) any reference to any Law shall include all statutory and regulatory provisions consolidating, amending, replacing or interpreting such Law and any reference to any Law or regulation shall, unless otherwise specified, refer to such Law or
regulation as amended, modified or supplemented from time to time, and (vi) the words “asset” and “property” shall be construed to have the same meaning and effect and to refer to any and all tangible and
intangible assets and properties, including cash, securities, accounts and contract rights. 
 (b) 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.” 
 (c)
Section headings herein and in the other Credit Documents are included for convenience of reference only and shall not affect the interpretation of this Credit Agreement or any other Credit Document. 

1.03 Accounting Terms. 
 (a) Generally. Except as otherwise specifically prescribed herein, 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 Credit Agreement shall be prepared in conformity with, GAAP applied on a consistent basis, as in effect from time to time, applied in a manner
consistent with that used in preparing the Audited Financial Statements. Notwithstanding the foregoing, for purposes of determining compliance with any covenant (including the computation of any financial covenant) contained herein, Indebtedness of
the Credit Parties and their Subsidiaries shall be deemed to be carried at one hundred percent (100%) of the outstanding principal amount thereof, and the effects of FASB ASC 825 and FASB ASC 470-20 on financial liabilities and
FASB ASC 350 and 360 on goodwill, intangibles and impairments shall be disregarded. 
 (b) Changes in
GAAP. If at any time any change in GAAP (including the adoption of IFRS) would affect the computation of any financial ratio or requirement set forth in any Credit Document, and either the Borrower or the Required Lenders shall so request, the
Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders);
provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders
financial statements and other documents required under this Credit Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in
GAAP. Notwithstanding anything in this Credit Agreement to the contrary, for the purposes of calculating compliance with the financial covenants in this Credit Agreement, no effect shall be given to any change in GAAP arising out of a change
described in the Proposed Accounting Standards Update to Leases (Topic 840) dated August 17, 2010 or a substantially similar pronouncement. 
 (c) Calculations. Notwithstanding the above, the parties hereto acknowledge and agree that all calculations of the financial covenants in Section 7.07 (including for purposes of

  
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determining the Applicable Rate) shall be made on a Pro Forma Basis with respect to any Disposition (other than Permitted Dispositions), Involuntary Disposition or Acquisition occurring during
the applicable period. 
 1.04 Rounding. 
 Any financial ratios required to be maintained by the Borrower pursuant to this Credit Agreement shall be calculated by dividing the appropriate component by the other component, carrying the result to
one (1) 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). 

1.05 Times of Day. 
 Unless otherwise specified, all references herein to times of day shall be references to Eastern time (daylight or standard, as applicable). 

1.06 Letter of Credit Amounts. 
 Unless otherwise specified herein, the amount of a Letter of Credit at any time shall be deemed to be the stated amount of such Letter of Credit in effect at such time; provided, however,
that with respect to any Letter of Credit that, by its terms or the terms of any Issuer Document related thereto, provides for one (1) or more automatic increases in the stated amount thereof, the amount of such Letter of Credit shall be deemed
to be the maximum stated amount of such Letter of Credit after giving effect to all such increases, whether or not such maximum stated amount is in effect at such time. 
 ARTICLE II 
 THE COMMITMENTS AND CREDIT EXTENSIONS 

2.01 Commitments. 
 (a) Revolving Loans. Subject to the terms and conditions set forth herein, each Lender severally agrees to make loans (each such loan, a “Revolving Loan”) to the Borrower in
Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding the amount of such Lender’s Revolving Commitment; provided, however, that after giving
effect to any Borrowing of Revolving Loans, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and (ii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such
Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swingline Loans shall not exceed such Lender’s Revolving Commitment.
Within the limits of each Lender’s Revolving Commitment, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.01, prepay under Section 2.05, and reborrow under this
Section 2.01. Revolving Loans may be Base Rate Loans or Eurodollar Rate Loans, as further provided herein. 

  
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 (b) Term Loan A. Subject to the terms and conditions set forth
herein, each Lender severally agrees to make its portion of a term loan (the “Term Loan A”) to the Borrower in Dollars on the Closing Date in an amount not to exceed such Lender’s Term Loan A Commitment. Amounts repaid on the
Term Loan A may not be reborrowed. The Term Loan A may consist of Base Rate Loans or Eurodollar Rate Loans, or a combination thereof, as further provided herein. 

(c) Incremental Credit Facilities. At any time on or after the Closing Date, the Borrower may, at any time, upon
written notice to the Administrative Agent, establish additional credit facilities (collectively, the “Incremental Credit Facilities”) by increasing the Aggregate Revolving Commitments and/or establishing one (1) or more
additional term loans (each such term loan, an “Additional Term Loan” and, together with the Term Loan A and any other Additional Term Loans, collectively, the “Term Loans”) at any time prior to the date that is six
(6) months prior to the Maturity Date; provided that, in any such case: 
 (i) the aggregate amount
of loans and commitments for all Incremental Credit Facilities established on or after the Closing Date as an Incremental Credit Facility shall not exceed ONE HUNDRED MILLION DOLLARS ($100,000,000) (for Aggregate Revolving Commitments and Term Loans
of up to FIVE HUNDRED MILLION DOLLARS ($500,000,000); 
 (ii) any increase in the Aggregate Revolving Commitments
or the principal amount of any Additional Term Loan established under this Section shall be in a principal amount of at least $10,000,000 and integral multiples of $1,000,000 in excess thereof; 

(iii) any increase in the Aggregate Revolving Commitments under this Section shall have terms identical to those for the
Revolving Loans under Section 2.01(a), except for fees payable to the Lenders providing commitments for such Incremental Credit Facility; 

(iv) any Additional Term Loan established under this Section 2.01 (A) will be made in
Dollars and may consist of Base Rate Loans or Eurodollar Rate Loans as further provided herein, (B) will have a final maturity date that is coterminous with or later than the Maturity Date, with no more than fifty percent (50%) of the
principal amount of such Additional Term Loan being amortized prior to the Maturity Date, (C) will be subject to the mandatory prepayment provisions (including provisions regarding the application of mandatory prepayments) that are contained in
Section 2.05(b), (D) may have pricing that is higher than pricing currently applicable to the Revolving Loans; provided, that with respect to any such Additional Term Loan with a weighted life to maturity that is within one
(1) year of the Maturity Date, if the all-in-yield, after giving effect to any offering of such Additional Term Loan at a discount from par or any fees paid to the Lenders in connection therewith, exceeds the all-in-yield (as reasonably
determined by the Administrative Agent) with respect to the Revolving Loans or any other Term Loan then in existence by more than fifty basis points (0.50%), then the Applicable Percentage shall be increased to the extent necessary to cause the
all-in-yield with respect the Revolving Loans and/or such other Term Loans to be no more than fifty basis points (0.50%) less than the all-in-yield with respect to such Additional Term Loan (with the amount and manner of such increase to be
determined by the Administrative Agent, in accordance with the foregoing, as of the date of effectiveness of the applicable Incremental Credit Facility) and (E) will have covenants that are the same as or no more restrictive than the covenants
contained in this Credit Agreement as of the date that such Additional Term Loan is established. 

  
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 (v) no Default or Event of Default shall have occurred and be continuing, or
would result after giving effect to any such Incremental Credit Facility; 
 (vi) the establishment of the
Incremental Credit Facilities and the extension of credit thereunder are subject to satisfaction of the conditions to all Credit Extensions in Section 5.02; 

(vii) the Borrower will provide (A) a compliance certificate from a Responsible Officer demonstrating compliance with
the financial covenants hereunder after giving effect to the Incremental Credit Facility on a Pro Forma Basis (assuming for purposes hereof, that the amount of the incremental commitments is fully drawn and funded), and (B) supporting
resolutions, legal opinions, promissory notes and other items as may be reasonably required by the Administrative Agent and the Lenders providing the loans and commitments for the Incremental Credit Facility; 

(viii) any new Lender providing loans and commitments for the Incremental Credit Facilities must be reasonably acceptable
to the Borrower and the Administrative Agent, and any Lender (including any new Lender) providing commitments for any increase in the Aggregate Revolving Commitments must also be reasonably acceptable to the L/C Issuer and the Swingline Lender;

 (ix) Lenders providing loans and commitments for the Incremental Credit Facility will provide a duly executed
Lender Joinder Agreement; 
 (x) upfront fees and arrangement fees, if any, in respect of the new commitments so
established, shall have been paid; 
 (xi) if any Revolving Loans are outstanding at the time of any increase in
the Aggregate Revolving Commitments pursuant to this Section, the Borrower will make such payments and adjustments on the Revolving Loans (including payment of any break-funding amounts owing under Section 3.05) as may be necessary to
give effect to the revised commitment amounts and percentages, it being agreed that the Administrative Agent shall, in consultation with the Borrower, manage the allocation of the revised commitments percentages to the existing Eurocurrency Rate
Loans in such a manner as to minimize the break-funding amounts so payable by the Borrower; 
 (xii) the
Administrative Agent shall have received all documents (including resolutions of the board of directors of the Borrower and the Guarantors) it may reasonably request relating to the corporate or other necessary authority for such increase or
establishment of any Additional Term Loan and the validity of such increase in the Aggregate Revolving Commitments or establishment of an Additional Term Loan, and any other matters relevant thereto, all in form and substance reasonably satisfactory
to the Administrative Agent; provided, however that consent of the existing Lenders shall not be required to consummate the transactions contemplated pursuant to this Section 2.01(c); provided, further that necessary
modifications of this Credit Agreement will be consummated as set forth in Section 11.01(g). 

  
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 In connection with establishment of any Incremental Credit Facility, (A) none of the Lenders or their
Affiliates shall have any obligation to provide commitments or loans for any Incremental Credit Facility without their prior written approval, (B) none of the Administrative Agent, the Joint Lead Arrangers or the Lead Lenders shall have any
responsibility for arranging any such additional commitments without their prior written consent and subject to such conditions, including fee arrangements, as they may provide in connection therewith and (C) Schedule 2.01 will be deemed
to be revised to reflect the Lenders, Loans, Commitments and pro rata shares after giving effect to establishment of any Incremental Credit Facility. 
 2.02 Borrowings, Conversions and Continuations of Loans. 
 (a) Each Borrowing, each conversion of Loans from one Type to the other, and each continuation of Eurodollar Rate Loans shall be made upon the Borrower’s irrevocable notice to the Administrative
Agent, which may be given by telephone. Each such notice must be received by the Administrative Agent not later than 11:00 a.m. (i) three (3) Business Days prior to the requested date of any Borrowing of, conversion to or continuation of,
Eurodollar Rate Loans or of any conversion of Eurodollar Rate Loans to Base Rate Loans, and (ii) on the requested date of any Borrowing of Base Rate Loans. Each telephonic notice by the Borrower pursuant to this Section 2.02(a) must
be confirmed promptly by delivery to the Administrative Agent of a written Loan Notice, appropriately completed and signed by a Responsible Officer of the Borrower. Each Borrowing of, conversion to or continuation of Eurodollar Rate Loans shall be
in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof. Except as provided in Sections 2.03(c) and 2.04(c), each Borrowing of or conversion to Base Rate Loans shall be in a principal amount of
$1,000,000 or a whole multiple of $500,000 in excess thereof. Each Loan Notice (whether telephonic or written) shall specify (i) whether the Borrower is requesting a Borrowing, a conversion of Loans from one Type to the other, or a continuation
of Eurodollar Rate Loans, (ii) the requested date of the Borrowing, conversion or continuation, as the case may be (which shall be a Business Day), (iii) the principal amount of Loans to be borrowed, converted or continued, (iv) the
Type of Loans to be borrowed or to which existing Loans are to be converted, and (v) if applicable, the duration of the Interest Period with respect thereto. If the Borrower fails to specify a Type of a Loan in a Loan Notice or if the Borrower
fails to give a timely notice requesting a conversion or continuation, then the applicable Loans shall be made as, or converted to, Base Rate Loans. Any such automatic conversion to Base Rate Loans shall be effective as of the last day of the
Interest Period then in effect with respect to the applicable Eurodollar Rate Loans. If the Borrower requests a Borrowing of, conversion to, or continuation of Eurodollar Rate Loans in any Loan Notice, but fails to specify an Interest Period, it
will be deemed to have specified an Interest Period of one (1) month. Notwithstanding anything to the contrary herein, a Swingline Loan may not be converted to a Eurodollar Rate Loan. 

(b) Following receipt of a Loan Notice, the Administrative Agent shall promptly notify each Lender of the amount of its
Applicable Percentage of the applicable Loans, and if no timely notice of a conversion or continuation is provided by the Borrower, the Administrative Agent shall notify each Lender of the details of any automatic conversion to Base Rate Loans as
described in the preceding subsection. In the case of a Borrowing, each Lender shall make the amount of its Loan available to the Administrative Agent in immediately available funds at the Administrative Agent’s Office not later than 1:00 p.m.
on the Business Day specified in the applicable Loan Notice. Upon satisfaction of the applicable conditions set forth in Section 5.02 (and, if such Borrowing is the initial Credit Extension, Section 5.01), the Administrative
Agent shall make all funds so received available to the Borrower in like funds as actually received by the Administrative Agent no later than 4:00 p.m. on the day of receipt by the Administrative

  
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Agent either by (i) crediting the account of the Borrower on the books of Bank of America with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance
with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower; provided, however, that if, on the date of a Borrowing of Revolving Loans, there are L/C Borrowings outstanding, then the proceeds
of such Borrowing, first, shall be applied to the payment in full of any such L/C Borrowings and second, shall be made available to the Borrower as provided above. 

(c) Except as otherwise provided herein, a Eurodollar Rate Loan may be continued or converted only on the last day of the
Interest Period for such Eurodollar Rate Loan. During the existence of a Default, no Loans may be requested as, converted to or continued as Eurodollar Rate Loans without the consent of the Required Lenders. 

(d) The Administrative Agent shall promptly notify the Borrower and the Lenders of the interest rate applicable to any
Interest Period for Eurodollar Rate Loans upon determination of such interest rate. At any time that Base Rate Loans are outstanding, the Administrative Agent shall notify the Borrower and the Lenders of any change in Bank of America’s prime
rate used in determining the Base Rate promptly following the public announcement of such change. 
 (e) After
giving effect to all Borrowings, all conversions of Loans from one Type to the other, and all continuations of Loans as the same Type, there shall not be more than seven (7) Interest Periods in effect with respect to Revolving Loans and five
(5) Interest Periods in effect with respect to any Term Loan. 
 2.03 Letters of Credit. 

(a) The Letter of Credit Commitment. 

(i) Subject to the terms and conditions set forth herein, (A) the L/C Issuer agrees, in reliance upon the agreements
of the Lenders set forth in this Section 2.03, (1) from time to time on any Business Day during the period from the Closing Date until the Letter of Credit Expiration Date, to issue Letters of Credit in Dollars for the account of
the Borrower or any of its Subsidiaries, and to amend or extend Letters of Credit previously issued by it, in accordance with subsection (b) below, and (2) to honor drawings under the Letters of Credit; and (B) the Lenders
severally agree to participate in Letters of Credit issued for the account of the Borrower or its Subsidiaries and any drawings thereunder; provided that after giving effect to any L/C Credit Extension with respect to any Letter of Credit,
(x) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, (y) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding
Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the Outstanding Amount of all Swingline Loans shall not exceed such Lender’s Revolving Commitment and (z) the Outstanding Amount of the L/C Obligations
shall not exceed the Letter of Credit Sublimit. Each request by the Borrower for the issuance or amendment of a Letter of Credit shall be deemed to be a representation by the Borrower that the L/C Credit Extension so requested complies with the
conditions set forth in the proviso to the preceding sentence. Within the foregoing limits, and subject to the terms and conditions hereof, the Borrower’s ability to obtain Letters of Credit shall be fully revolving, and accordingly the
Borrower may, during the foregoing period, obtain Letters of Credit to replace Letters of Credit that have expired or that have been drawn upon and 

  
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reimbursed. All Existing Letters of Credit shall be deemed to have been issued pursuant hereto, and from and after the Closing Date shall be subject to and governed by the terms and conditions
hereof. 
 (ii) The L/C Issuer shall not issue any Letter of Credit if: 

(A) subject to Section 2.03(b)(iii), the expiry date of such requested Letter of Credit would occur more than
twelve (12) months after the date of issuance or last extension, unless the Lenders (other than Defaulting Lenders) holding a majority of the Revolving Commitments have approved such expiry date; or 

(B) the expiry date of such requested Letter of Credit would occur after the Letter of Credit Expiration Date, unless
either such Letter of Credit is Cash Collateralized on or prior to the date of issuance of such Letter of Credit (or a later date as to which the Administrative Agent may agree in its sole discretion) or all the Lenders that have Revolving
Commitments have approved such expiry date. 
 (iii) The L/C Issuer shall not be under any obligation to issue
any Letter of Credit if: 
 (A) any order, judgment or decree of any Governmental Authority or arbitrator shall
by its terms purport to enjoin or restrain the L/C Issuer from issuing such Letter of Credit, or any Law applicable to the L/C Issuer or any request or directive (whether or not having the force of law) from any Governmental Authority with
jurisdiction over the L/C Issuer shall prohibit, or request that the L/C Issuer refrain from, the issuance of letters of credit generally or such Letter of Credit in particular or shall impose upon the L/C Issuer with respect to such Letter of
Credit any restriction, reserve or capital requirement (for which the L/C Issuer is not otherwise compensated hereunder) not in effect on the Closing Date, or shall impose upon the L/C Issuer any unreimbursed loss, cost or expense which was not
applicable on the Closing Date and which the L/C Issuer in good faith deems material to it; 
 (B) the issuance
of such Letter of Credit would violate one (1) or more policies of the L/C Issuer applicable to borrowers generally; 
 (C) except as otherwise agreed by the Administrative Agent and the L/C Issuer, such Letter of Credit is in an initial stated amount less than $100,000, in the case of a commercial Letter of Credit, or
$500,000, in the case of a standby Letter of Credit; 
 (D) such Letter of Credit is to be denominated in a
currency other than Dollars; 
 (E) such Letter of Credit contains any provisions for automatic reinstatement of
the stated amount after any drawing thereunder; or 
 (F) any Lender is at that time a Defaulting Lender, unless
the L/C Issuer has entered into arrangements, including the delivery of Cash Collateral, 

  
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satisfactory to the L/C Issuer (in its sole discretion) with the Borrower or such Defaulting Lender to eliminate the L/C Issuer’s actual or potential Fronting Exposure (after giving effect
to Section 2.15(b)) with respect to the Defaulting Lender arising from either the Letter of Credit then proposed to be issued or that Letter of Credit and all other L/C Obligations as to which the L/C Issuer has actual or potential
Fronting Exposure, as it may elect in its sole discretion. 
 (iv) The L/C Issuer shall not amend any Letter of
Credit if the L/C Issuer would not be permitted at such time to issue the Letter of Credit in its amended form under the terms hereof. 
 (v) The L/C Issuer shall be under no obligation to amend any Letter of Credit if (A) the L/C Issuer would have no obligation at such time to issue the Letter of Credit in its amended form under the
terms hereof, or (B) the beneficiary of the Letter of Credit does not accept the proposed amendment to the Letter of Credit. 
 (vi) The L/C Issuer shall act on behalf of the Lenders with respect to any Letters of Credit issued by it and the documents associated therewith, and the L/C Issuer shall have all of the benefits and
immunities (A) provided to the Administrative Agent in Article X with respect to any acts taken or omissions suffered by the L/C Issuer in connection with Letters of Credit issued by it or proposed to be issued by it and Issuer Documents
pertaining to such Letters of Credit as fully as if the term “Administrative Agent” as used in Article X included the L/C Issuer with respect to such acts or omissions, and (B) as additionally provided herein with respect to
the L/C Issuer. 
 (b) Procedures for Issuance and Amendment of Letters of Credit; Auto-Extension Letters of
Credit. 
 (i) Each Letter of Credit shall be issued or amended, as the case may be, upon the request of the
Borrower delivered to the L/C Issuer (with a copy to the Administrative Agent) in the form of a Letter of Credit Application, appropriately completed and signed by a Responsible Officer of the Borrower. Such Letter of Credit Application may be sent
by facsimile, by United States mail, by overnight courier, by electronic transmission using the system provided by the L/C Issuer, by personal delivery or by any other means acceptable to the L/C Issuer. Such Letter of Credit Application must be
received by the L/C Issuer and the Administrative Agent not later than 11:00 a.m. at least five (5) Business Days (or such later date and time as the Administrative Agent and the L/C Issuer may agree in a particular instance in their sole
discretion) prior to the proposed issuance date or date of amendment, as the case may be. In the case of a request for an initial issuance of a Letter of Credit, such Letter of Credit Application shall specify in form and detail reasonably
satisfactory to the L/C Issuer: (A) the proposed issuance date of the requested Letter of Credit (which shall be a Business Day); (B) the amount thereof; (C) the expiry date thereof; (D) the name and address of the beneficiary
thereof; (E) the documents to be presented by such beneficiary in case of any drawing thereunder; (F) the full text of any certificate to be presented by such beneficiary in case of any drawing thereunder; (G) the purpose and nature
of the requested Letter of Credit; and (H) such other matters as the L/C Issuer may require. In the case of a request for an amendment of any outstanding Letter of Credit, such Letter of Credit Application shall specify in form and detail
reasonably satisfactory to the L/C Issuer (A) the Letter of Credit to be amended; (B) the proposed date of amendment thereof (which shall be a Business Day); (C) the nature of the proposed amendment; and (D) such other matters as

  
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the L/C Issuer may require. Additionally, the Borrower shall furnish to the L/C Issuer and the Administrative Agent such other documents and information pertaining to such requested Letter
of Credit issuance or amendment, including any Issuer Documents, as the L/C Issuer or the Administrative Agent may reasonably require. 
 (ii) Promptly after receipt of any Letter of Credit Application, the L/C Issuer will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has received a copy of
such Letter of Credit Application from the Borrower and, if not, the L/C Issuer will provide the Administrative Agent with a copy thereof. Unless the L/C Issuer has received written notice from any Lender, the Administrative Agent or any Credit
Party, at least one (1) Business Day prior to the requested date of issuance or amendment of the applicable Letter of Credit, that one (1) or more applicable conditions contained in Article V shall not be satisfied, then, subject to
the terms and conditions hereof, the L/C Issuer shall, on the requested date, issue a Letter of Credit for the account of the Borrower or the applicable Subsidiary or enter into the applicable amendment, as the case may be, in each case in
accordance with the L/C Issuer’s usual and customary business practices. Immediately upon the issuance of each Letter of Credit, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the L/C Issuer
a risk participation in such Letter of Credit in an amount equal to the product of such Lender’s Applicable Percentage times the amount of such Letter of Credit. 

(iii) If the Borrower so requests in any applicable Letter of Credit Application, the L/C Issuer may, in
its sole discretion, agree to issue a Letter of Credit that has automatic extension provisions (each, an “Auto-Extension Letter of Credit”); provided that any such Auto-Extension Letter of Credit must permit the L/C Issuer to
prevent any such extension at least once in each twelve (12)-month period (commencing with the date of issuance of such Letter of Credit) by giving prior notice to the beneficiary thereof not later than a day (the “Non-Extension Notice
Date”) in each such twelve (12)-month period to be agreed upon at the time such Letter of Credit is issued. Unless otherwise directed by the L/C Issuer, the Borrower shall not be required to make a specific request to the L/C Issuer for any
such extension. Once an Auto-Extension Letter of Credit has been issued, the Lenders shall be deemed to have authorized (but may not require) the L/C Issuer to permit the extension of such Letter of Credit at any time to an expiry date not later
than the Letter of Credit Expiration Date; provided, however, that the L/C Issuer shall not permit any such extension if (A) the L/C Issuer has determined that it would not be permitted, or would have no obligation, at such time
to issue such Letter of Credit in its revised form (as extended) under the terms hereof (by reason of the provisions of clause (ii) or (iii) of Section 2.03(a) or otherwise), or (B) it has received notice
(which may be by telephone or in writing) on or before the day that is seven (7) Business Days before the Non-Extension Notice Date (1) from the Administrative Agent that the Required Lenders have elected not to permit such extension or
(2) from the Administrative Agent, any Lender or the Borrower that one (1) or more of the applicable conditions specified in Section 5.02 is not then satisfied, and in each case directing the L/C Issuer not to permit such
extension. 
 (iv) Promptly after its delivery of any Letter of Credit or any amendment to a Letter of Credit to
an advising bank with respect thereto or to the beneficiary thereof, the L/C Issuer will also deliver to the Borrower and the Administrative Agent a true and complete copy of such Letter of Credit or amendment.

  
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 (c) Drawings and Reimbursements; Funding of Participations.

 (i) Upon receipt from the beneficiary of any Letter of Credit of any notice of drawing under such Letter of
Credit, the L/C Issuer shall promptly notify the Borrower and the Administrative Agent thereof. If the L/C Issuer notifies the Borrower before 1:00 p.m. on the date of any payment by the L/C Issuer under a Letter of Credit (each such date, an
“Honor Date”), the Borrower shall reimburse the L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing on such day. If the L/C Issuer notifies the Borrower after 1:00 p.m. on the applicable
Honor Date, the Borrower shall reimburse the L/C Issuer through the Administrative Agent in an amount equal to the amount of such drawing not later than 11:00 a.m. on the Business Day immediately after such Honor Date. If the Borrower fails to so
reimburse the L/C Issuer by such day and time, the Administrative Agent shall promptly notify each Lender of the Honor Date, the amount of the unreimbursed drawing (the “Unreimbursed Amount”), and the amount of such Lender’s
Applicable Percentage thereof (after giving effect to any reallocation pursuant to Section 2.15(b)). In such event, the Borrower shall be deemed to have requested a Borrowing of Revolving Loans that are Base Rate Loans to be disbursed on
the Honor Date in an amount equal to the Unreimbursed Amount, without regard to the minimum and multiples specified in Section 2.02 for the principal amount of Base Rate Loans, but subject to the conditions set forth in
Section 5.02 (other than the delivery of a Loan Notice) and provided that, after giving effect to such Borrowing, the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments. Any notice given by the L/C
Issuer or the Administrative Agent pursuant to this Section 2.03(c)(i) may be given by telephone if immediately confirmed in writing; provided that the lack of such an immediate confirmation shall not affect the conclusiveness or
binding effect of such notice. 
 (ii) Each Lender shall upon any notice pursuant to
Section 2.03(c)(i) make funds available (and the Administrative Agent may apply Cash Collateral provided for this purpose) to the Administrative Agent for the account of the L/C Issuer at the Administrative Agent’s Office in an
amount equal to its Applicable Percentage of the Unreimbursed Amount not later than 1:00 p.m. on the Business Day specified in such notice by the Administrative Agent, whereupon, subject to the provisions of Section 2.03(c)(iii), each
Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such amount. The Administrative Agent shall remit the funds so received to the L/C Issuer. 

(iii) With respect to any Unreimbursed Amount that is not fully refinanced by a Borrowing of Revolving Loans that are Base
Rate Loans because the conditions set forth in Section 5.02 cannot be satisfied or for any other reason, the Borrower shall be deemed to have incurred from the L/C Issuer an L/C Borrowing in the amount of the Unreimbursed Amount that is
not so refinanced, which L/C Borrowing shall be due and payable on demand (together with interest) and shall bear interest at the Default Rate. In such event, each Lender’s payment to the Administrative Agent for the account of the L/C Issuer
pursuant to Section 2.03(c)(ii) shall be deemed payment in respect of its participation in such L/C Borrowing and shall constitute an L/C Advance from such Lender in satisfaction of its participation obligation under this
Section 2.03. 
 (iv) Until each Lender funds its Revolving Loan or L/C Advance pursuant to this
Section 2.03(c) to reimburse the L/C Issuer for any amount drawn under any Letter of Credit, interest in respect of such Lender’s Applicable Percentage of such amount shall be solely for the account of the L/C Issuer. 

  
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 (v) Each Lender’s obligation to make Revolving Loans or L/C Advances to
reimburse the L/C Issuer for amounts drawn under Letters of Credit, as contemplated by this Section 2.03(c), shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim,
recoupment, defense or other right which such Lender may have against the L/C Issuer, the Borrower or any other Person for any reason whatsoever; (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or
condition, whether or not similar to any of the foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.03(c) is subject to the conditions set forth in
Section 5.02 (other than delivery by the Borrower of a Loan Notice). No such making of an L/C Advance shall relieve or otherwise impair the obligation of the Borrower to reimburse the L/C Issuer for the amount of any payment made by the
L/C Issuer under any Letter of Credit, together with interest as provided herein. 
 (vi) If any Lender fails to
make available to the Administrative Agent for the account of the L/C Issuer any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.03(c) by the time specified in
Section 2.03(c)(ii), then, without limiting the other provisions of this Credit Agreement, the L/C Issuer shall be entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest
thereon for the period from the date such payment is required to the date on which such payment is immediately available to the L/C Issuer at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the L/C Issuer in
accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged by the L/C Issuer in connection with the foregoing. If such Lender pays such amount (with interest and fees as
aforesaid), the amount so paid shall constitute such Lender’s Revolving Loan included in the relevant Borrowing or L/C Advance in respect of the relevant L/C Borrowing, as the case may be. A certificate of the L/C Issuer submitted to any Lender
(through the Administrative Agent) with respect to any amounts owing under this clause (vi) shall be conclusive absent manifest error. 
 (d) Repayment of Participations. 
 (i) At any time after the
L/C Issuer has made a payment under any Letter of Credit and has received from any Lender such Lender’s L/C Advance in respect of such payment in accordance with Section 2.03(c), if the Administrative Agent receives for the account
of the L/C Issuer any payment in respect of the related Unreimbursed Amount or interest thereon (whether directly from the Borrower or otherwise, including proceeds of Cash Collateral applied thereto by the Administrative Agent), the Administrative
Agent will distribute to such Lender its Applicable Percentage thereof (appropriately adjusted, in the case of interest payments, to reflect the period of time during which such Lender’s L/C Advance was outstanding) in the same funds as those
received by the Administrative Agent. 
 (ii) If any payment received by the Administrative Agent
for the account of the L/C Issuer pursuant to 
 Section 2.03(c)(i) is required to be returned under any of the
circumstances described in Section 11.05 (including pursuant to any settlement entered into by the L/C Issuer in its discretion), each Lender shall pay to the Administrative 

  
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Agent for the account of the L/C Issuer its Applicable Percentage thereof on demand of the Administrative Agent, plus interest thereon from the date of such demand to the date such amount is
returned by such Lender, at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Credit
Agreement. 
 (e) Obligations Absolute. The obligation of the Borrower to reimburse the L/C Issuer for
each drawing under each Letter of Credit and to repay each L/C Borrowing shall be absolute, unconditional and irrevocable, and shall be paid strictly in accordance with the terms of this Credit Agreement under all circumstances, including the
following: 
 (i) any lack of validity or enforceability of such Letter of Credit, this Credit Agreement or any
other Credit Document; 
 (ii) the existence of any claim, counterclaim, setoff, defense or other right that any
Credit Party or any Subsidiary may have at any time against any beneficiary or any transferee of such Letter of Credit (or any Person for whom any such beneficiary or any such transferee may be acting), the L/C Issuer or any other Person, whether in
connection with this Credit Agreement, the transactions contemplated hereby or by such Letter of Credit or any agreement or instrument relating thereto, or any unrelated transaction; 

(iii) any draft, demand, certificate or other document presented under such Letter of Credit proving to be forged,
fraudulent, invalid or insufficient in any respect or any statement therein being untrue or inaccurate in any respect; or any loss or delay in the transmission or otherwise of any document required in order to make a drawing under such Letter of
Credit; 
 (iv) waiver by the L/C Issuer of any requirement that exists for the L/C Issuer’s protection and
not the protection of the Borrower; 
 (v) honor of a demand for payment presented electronically even if such
Letter of Credit requires that demand be in the form of a draft; 
 (vi) any payment made by the L/C Issuer in
respect of an otherwise complying item presented after the date specified as the expiration date of, or the date by which documents must be received under such Letter of Credit if presentation after such date is authorized by the ISP or the UCP, as
applicable; 
 (vii) any payment by the L/C Issuer under such Letter of Credit against presentation of a draft or
certificate that does not strictly comply with the terms of such Letter of Credit; or any payment made by the L/C Issuer under such Letter of Credit to any Person purporting to be a trustee in bankruptcy, debtor-in-possession, assignee for the
benefit of creditors, liquidator, receiver or other representative of or successor to any beneficiary or any transferee of such Letter of Credit, including any arising in connection with any proceeding under any Debtor Relief Law; or 

(viii) any other circumstance or happening whatsoever, whether or not similar to any of the foregoing, including any other
circumstance that might otherwise constitute a defense available to, or a discharge of, any Credit Party or any Subsidiary. 

  
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 The Borrower shall promptly examine a copy of each Letter of Credit and each amendment
thereto that is delivered to it and, in the event of any claim of noncompliance with the Borrower’s instructions or other irregularity, the Borrower will promptly notify the L/C Issuer. The Borrower shall be conclusively deemed to have waived
any such claim against the L/C Issuer and its correspondents unless such notice is given as aforesaid. 
 (f)
Role of L/C Issuer. Each Lender and the Borrower agree that, in paying any drawing under a Letter of Credit, the L/C Issuer shall not have any responsibility to obtain any document (other than any sight draft, certificates and documents
expressly required by such Letter of Credit) or to ascertain or inquire as to the validity or accuracy of any such document or the authority of the Person executing or delivering any such document. None of the L/C Issuer, the Administrative Agent,
any of their respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable to any Lender for (i) any action taken or omitted in connection herewith at the request or with the approval of the Lenders
or the Required Lenders, as applicable; (ii) any action taken or omitted in the absence of gross negligence or willful misconduct; or (iii) the due execution, effectiveness, validity or enforceability of any document or instrument related
to any Letter of Credit or Issuer Document. The Borrower hereby assumes all risks of the acts or omissions of any beneficiary or transferee with respect to its use of any Letter of Credit; provided, however, that this assumption is not
intended to, and shall not, preclude the Borrower’s pursuing such rights and remedies as it may have against the beneficiary or transferee at law or under any other agreement. None of the L/C Issuer, the Administrative Agent, any of their
respective Related Parties nor any correspondent, participant or assignee of the L/C Issuer shall be liable or responsible for any of the matters described in clauses (i) through (viii) of Section 2.03(e);
provided, however, that anything in such clauses to the contrary notwithstanding, the Borrower may have a claim against the L/C Issuer, and the L/C Issuer may be liable to the Borrower, to the extent, but only to the extent, of any
direct, as opposed to consequential or exemplary, damages suffered by the Borrower which the Borrower proves were caused by the L/C Issuer’s willful misconduct or gross negligence or the L/C Issuer’s willful failure to pay under any Letter
of Credit after the presentation to it by the beneficiary of a sight draft and certificate(s) strictly complying with the terms and conditions of a Letter of Credit unless the L/C Issuer is prevented or prohibited from so paying as a result of any
order or directive of any court or other Governmental Authority. In furtherance and not in limitation of the foregoing, the L/C Issuer may accept documents that appear on their face to be in order, without responsibility for further investigation,
regardless of any notice or information to the contrary (or the L/C Issuer may refuse to accept and make payment upon such documents if such documents are not in strict compliance with the terms of such Letter of Credit), and the L/C Issuer shall
not be responsible for the validity or sufficiency of any instrument transferring or assigning or purporting to transfer or assign a Letter of Credit or the rights or benefits thereunder or proceeds thereof, in whole or in part, which may prove to
be invalid or ineffective for any reason. The L/C Issuer may send a Letter of Credit or conduct any communication to or from the beneficiary via the Society for Worldwide Interbank Financial Telecommunication (“SWIFT”) message or
overnight courier, or any other commercially reasonable means of communicating with a beneficiary. 
 (g)
Applicability of ISP and UCP. Unless otherwise expressly agreed by the L/C Issuer and the Borrower when a Letter of Credit is issued (including any such agreement applicable to an Existing Letter of Credit), (i) the rules of the ISP
shall apply to each standby Letter of Credit and (ii) the rules of the Uniform Customs and Practice for Documentary Credits, as most recently published by the International Chamber of Commerce at the time of issuance shall apply to each
commercial Letter of Credit. Notwithstanding the foregoing, the L/C Issuer shall not be responsible to the Borrower for, and the L/C Issuer’s rights and remedies against the 

  
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Borrower shall not be impaired by, any action or inaction of the L/C Issuer required under any law, order, or practice that is required to be applied to any Letter of Credit or this Credit
Agreement, including the Law or any order of a jurisdiction where the L/C Issuer or the beneficiary is located, the practice stated in the ISP or UCP, as applicable, or in the decisions, opinions, practice statements, or official commentary of the
ICC Banking Commission, the Bankers Association for Finance and Trade - International Financial Services Association (BAFT-IFSA), or the Institute of International Banking Law & Practice, whether or not any Letter of Credit chooses such law
or practice. 
 (h) Letter of Credit Fees. The Borrower shall pay to the Administrative Agent for the
account of each Lender in accordance with its Applicable Percentage a Letter of Credit fee (the “Letter of Credit Fee”) (i) for each commercial Letter of Credit, equal to the Applicable Rate times the daily amount
available to be drawn under such Letter of Credit and (ii) for each standby Letter of Credit, equal to the Applicable Rate times the daily amount available to be drawn under such Letter of Credit; provided, however, any Letter of
Credit Fees otherwise payable for the account of a Defaulting Lender with respect to any Letter of Credit as to which such Defaulting Lender has not provided Cash Collateral satisfactory to the L/C Issuer pursuant to this Section 2.03
shall be payable, to the maximum extent permitted by applicable Laws, as provided in Section 2.15(b), to the other Lenders in accordance with the upward adjustments in their respective Applicable Percentages allocable to such Letter of
Credit pursuant to Section 2.15(b), with the balance of such fee, if any, payable to the L/C Issuer for its own account. For purposes of computing the daily amount available to be drawn under any Letter of Credit, the amount of such
Letter of Credit shall be determined in accordance with Section 1.06. Letter of Credit Fees shall be (i) due and payable on the first Business Day after the end of each March, June, September and December, commencing with the first
such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand and (ii) computed on a quarterly basis in arrears. If there is any change in the Applicable Rate during any
quarter, the daily amount available to be drawn under each Letter of Credit shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. Notwithstanding anything to
the contrary contained herein, upon the request of the Required Lenders, while any Event of Default exists, all Letter of Credit Fees shall accrue at the Default Rate. 

(i) Fronting Fee and Documentary and Processing Charges Payable to L/C Issuer. The Borrower shall pay directly to
the L/C Issuer for its own account a fronting fee (i) with respect to each commercial Letter of Credit, at the rate specified in (A) the Bank of America Fee Letter, with respect to Letters of Credit issued by Bank of America in its
capacity as L/C Issuer and (B) in writing between the Borrower and any L/C Issuer other than Bank of America in its capacity as L/C Issuer, in each case, computed on the amount of such Letter of Credit, and payable upon the issuance thereof,
(ii) with respect to any amendment of a commercial Letter of Credit increasing the amount of such Letter of Credit, at a rate separately agreed between the Borrower and the L/C Issuer, computed on the amount of such increase, and payable upon
the effectiveness of such amendment, and (iii) with respect to each standby Letter of Credit, at the rate per annum specified in the applicable Fee Letter, computed on the daily amount available to be drawn under such Letter of Credit on a
quarterly basis in arrears. Such fronting fee shall be due and payable on the tenth Business Day after the end of each March, June, September and December in respect of the most recently-ended quarterly period (or portion thereof, in the case of the
first payment), commencing with the first such date to occur after the issuance of such Letter of Credit, on the Letter of Credit Expiration Date and thereafter on demand. For purposes of computing the daily amount available to be drawn under any
Letter of Credit, the amount of such Letter of Credit shall be determined in accordance with Section 1.06. In addition, the Borrower 

  
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shall pay directly to the L/C Issuer for its own account the customary issuance, presentation, amendment and other processing fees, and other standard costs and charges, of the L/C Issuer
relating to letters of credit as from time to time in effect. Such customary fees and standard costs and charges are due and payable on demand and are nonrefundable. 

(j) Conflict with Issuer Documents. In the event of any conflict between the terms hereof and the terms of any
Issuer Document, the terms hereof shall control. 
 (k) Letters of Credit Issued for Subsidiaries.
Notwithstanding that a Letter of Credit issued or outstanding hereunder is in support of any obligations of, or is for the account of, a Subsidiary, the Borrower shall be obligated to reimburse the L/C Issuer hereunder for any and all drawings under
such Letter of Credit. The Borrower hereby acknowledges that the issuance of Letters of Credit for the account of Subsidiaries inures to the benefit of the Borrower, and that the Borrower’s business derives substantial benefits from the
businesses of such Subsidiaries. 
 (l) New or Successor L/C Issuer. 

(i) Any L/C Issuer may resign as an issuer of Letters of Credit upon thirty (30) days’ prior written notice to
the Administrative Agent, the Lenders and the Borrower. Subject to the terms of the following sentence, the Borrower may replace any L/C Issuer for any reason upon written notice to the Administrative Agent and the applicable L/C Issuer, and the
Borrower may add one or more additional L/C Issuers at any time upon notice to the Administrative Agent. If the L/C Issuer shall resign or be replaced, or if the Borrower shall decide to add a new L/C Issuer under this Credit Agreement, then the
Borrower may appoint any Lender as a successor issuer of Letters of Credit or a new L/C Issuer, as the case may be, with the consent of the Administrative Agent (such consent not to be unreasonably withheld) and the acceptance of such appointment by
such Lender, whereupon such successor L/C Issuer shall succeed to the rights, powers and duties of the replaced or resigning L/C Issuer under this Credit Agreement and the other Credit Documents, or such new issuer of Letters of Credit shall be
granted the rights, powers and duties of an L/C Issuer hereunder, and the term “L/C Issuer” shall include such successor or such new issuer of Letters of Credit effective upon such appointment. At the time such resignation or replacement
shall become effective, the Borrower shall pay to the resigning or replaced L/C Issuer all accrued and unpaid fees pursuant to Section 2.03(h) and (i). The acceptance of any appointment by any Lender as an L/C Issuer hereunder,
whether as a successor issuer or new issuer of Letters of Credit in accordance with this Credit Agreement, shall be evidenced by an agreement entered into by such new or successor issuer of Letters of Credit, in a form satisfactory to the Borrower
and the Administrative Agent, and, from and after the effective date of such agreement, such new or successor issuer of Letters of Credit shall be an “L/C Issuer” hereunder. After the resignation or replacement of an L/C Issuer hereunder,
the resigning or replaced L/C Issuer shall remain a party hereto and shall continue to have all the rights and obligations of an L/C Issuer under this Credit Agreement and the other Credit Documents with respect to Letters of Credit issued by it
prior to such resignation or replacement, but shall not be required to issue additional Letters of Credit. In connection with any resignation or replacement pursuant to this clause (i) (but, in case of any such resignation, only to the
extent that a successor issuer of Letters of Credit shall have been appointed), either (A) the Borrower, the resigning or replaced L/C Issuer and the successor issuer of Letters of Credit shall arrange to have any outstanding Letters of Credit
issued by the resigning or replaced L/C Issuer replaced with Letters of Credit issued by the successor issuer of Letters of Credit or (B) the Borrower shall cause the 

  
 45 

 
successor issuer of Letters of Credit, if such successor issuer is reasonably satisfactory to the replaced or resigning L/C Issuer, to issue “back-stop” Letters of Credit naming the
resigning or replaced L/C Issuer as beneficiary for each outstanding Letter of Credit issued by the resigning or replaced L/C Issuer, which new Letters of Credit shall have a face amount equal to the Letters of Credit being back-stopped, and the
sole requirement for drawing on such new Letters of Credit shall be a drawing on the corresponding back-stopped Letters of Credit. After any resigning or replaced L/C Issuer’s resignation or replacement as L/C Issuer, the provisions of this
Credit Agreement relating to an L/C Issuer shall inure to its benefit as to any actions taken or omitted to be taken by it (A) while it was an L/C Issuer under this Credit Agreement or (B) at any time with respect to Letters of Credit
issued by such L/C Issuer. 
 (ii) To the extent that there are, at the time of any resignation or replacement as
set forth in clause (i) above, any outstanding Letters of Credit, nothing herein shall be deemed to impact or impair any rights and obligations of any of the parties hereto with respect to such outstanding Letters of Credit (including, without
limitation, any obligations related to the payment of fees pursuant to Section 2.03(h) and (i) or the reimbursement or funding of amounts drawn), except that the Borrower, the resigning or replaced L/C Issuer and the successor issuer of
Letters of Credit shall have the obligations regarding outstanding Letters of Credit described in clause (i) above. 

2.04 Swingline Loans. 
 (a) Swingline Facility. Subject to the terms and conditions set forth herein, the Swingline Lender, in reliance upon the agreements of the other Lenders set forth in this Section 2.04,
may in its sole discretion make loans (each such loan, a “Swingline Loan”) to the Borrower in Dollars from time to time on any Business Day during the Availability Period in an aggregate amount not to exceed at any time outstanding
the amount of the Swingline Sublimit, notwithstanding the fact that such Swingline Loans, when aggregated with the Applicable Percentage of the Outstanding Amount of Revolving Loans and L/C Obligations of the Lender acting as Swingline Lender, may
exceed the amount of such Lender’s Revolving Commitment; provided, however, that after giving effect to any Swingline Loan, (i) the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments, and
(ii) the aggregate Outstanding Amount of the Revolving Loans of any Lender, plus such Lender’s Applicable Percentage of the Outstanding Amount of all L/C Obligations, plus such Lender’s Applicable Percentage of the
Outstanding Amount of all Swingline Loans shall not exceed such Lender’s Revolving Commitment, and provided, further, that the Borrower shall not use the proceeds of any Swingline Loan to refinance any outstanding Swingline Loan.
Within the foregoing limits, and subject to the other terms and conditions hereof, the Borrower may borrow under this Section 2.04, prepay under Section 2.05, and reborrow under this Section 2.04. Each Swingline
Loan shall bear interest only at a rate based on the Base Rate. Immediately upon the making of a Swingline Loan, each Lender shall be deemed to, and hereby irrevocably and unconditionally agrees to, purchase from the Swingline Lender a risk
participation in such Swingline Loan in an amount equal to the product of such Lender’s Applicable Percentage times the amount of such Swingline Loan. 

(b) Borrowing Procedures. Each Borrowing of Swingline Loans shall be made upon the Borrower’s irrevocable
notice to the Swingline Lender and the Administrative Agent, which may be given by telephone. Each such notice must be received by the Swingline Lender and the Administrative Agent not later than 1:00 p.m. on the requested borrowing date, and shall

  
 46 

 
specify (i) the amount to be borrowed, which shall be a minimum principal amount of $100,000 and integral multiples of $100,000 in excess thereof, and (ii) the requested borrowing date,
which shall be a Business Day. Each such telephonic notice must be confirmed promptly by delivery to the Swingline Lender and the Administrative Agent of a written Swingline Loan Notice, appropriately completed and signed by a Responsible Officer of
the Borrower. Promptly after receipt by the Swingline Lender of any telephonic Swingline Loan Notice, the Swingline Lender will confirm with the Administrative Agent (by telephone or in writing) that the Administrative Agent has also received
such Swingline Loan Notice and, if not, the Swingline Lender will notify the Administrative Agent (by telephone or in writing) of the contents thereof. Unless the Swingline Lender has received notice (by telephone or in writing) from the
Administrative Agent (including at the request of any Lender) prior to 2:00 p.m. on the date of the proposed Borrowing of Swingline Loans (A) directing the Swingline Lender not to make such Swingline Loan as a result of the limitations set
forth in the first proviso to the first sentence of Section 2.04(a), or (B) that one (1) or more of the applicable conditions specified in Article V is not then satisfied, then, subject to the terms and conditions
hereof, the Swingline Lender will, not later than 3:00 p.m. on the borrowing date specified in such Swingline Loan Notice, make the amount of its Swingline Loan available to the Borrower at its office by crediting the account of the Borrower on the
books of the Swingline Lender in immediately available funds. 
 (c) Refinancing of Swingline Loans.

 (i) The Swingline Lender at any time in its sole and absolute discretion may request, on behalf of the
Borrower (which hereby irrevocably authorizes the Swingline Lender to so request on its behalf), that each Lender make a Revolving Loan that is a Base Rate Loan in an amount equal to such Lender’s Applicable Percentage of the amount of
Swingline Loans then outstanding (after giving effect to any reallocation pursuant to Section 2.15(b)). Such request shall be made in writing (which written request shall be deemed to be a Loan Notice for purposes hereof) and in
accordance with the requirements of Section 2.02, without regard to the minimum and multiples specified therein for the principal amount of Base Rate Loans, but subject to the conditions set forth in Section 5.02 (other than
the delivery of a Loan Notice) and provided that, after giving effect to such Borrowing, the Total Revolving Outstandings shall not exceed the Aggregate Revolving Commitments. The Swingline Lender shall furnish the Borrower with a copy of the
applicable Loan Notice promptly after delivering such notice to the Administrative Agent. Each Lender shall make an amount equal to its Applicable Percentage of the amount specified in such Loan Notice available to the Administrative Agent in
immediately available funds (and the Administrative Agent may apply Cash Collateral available with respect to the applicable Swingline Loan) for the account of the Swingline Lender at the Administrative Agent’s Office not later than 1:00 p.m.
on the day specified in such Loan Notice, whereupon, subject to Section 2.04(c)(ii), each Lender that so makes funds available shall be deemed to have made a Base Rate Loan to the Borrower in such amount. The Administrative Agent shall
remit the funds so received to the Swingline Lender. 
 (ii) If for any reason any Swingline Loan cannot be
refinanced by such a Borrowing of Revolving Loans in accordance with Section 2.04(c)(i), the request for Revolving Loans that are Base Rate Loans submitted by the Swingline Lender as set forth herein shall be deemed to be a request by
the Swingline Lender that each of the Lenders fund its risk participation in the relevant Swingline Loan and each Lender’s payment to the Administrative Agent for the account of the Swingline Lender pursuant to Section 2.04(c)(i)
shall be deemed payment in respect of such participation. 

  
 47 

 (iii) If any Lender fails to make available to the Administrative Agent for
the account of the Swingline Lender any amount required to be paid by such Lender pursuant to the foregoing provisions of this Section 2.04(c) by the time specified in Section 2.04(c)(i), the Swingline Lender shall be
entitled to recover from such Lender (acting through the Administrative Agent), on demand, such amount with interest thereon for the period from the date such payment is required to the date on which such payment is immediately available to the
Swingline Lender at a rate per annum equal to the greater of the Federal Funds Rate and a rate determined by the Swingline Lender in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar
fees customarily charged by the Swingline Lender in connection with the foregoing. If such Lender pays such amount (with interest and fees as aforesaid), the amount so paid shall constitute such Lender’s Revolving Loan included in the relevant
Borrowing or funded participation in the relevant Swingline Loan, as the case may be. A certificate of the Swingline Lender submitted to any Lender (through the Administrative Agent) with respect to any amounts owing under this clause
(iii) shall be conclusive absent manifest error. 
 (iv) Each Lender’s obligation to make Revolving
Loans or to purchase and fund risk participations in Swingline Loans pursuant to this Section 2.04(c) shall be absolute and unconditional and shall not be affected by any circumstance, including (A) any setoff, counterclaim,
recoupment, defense or other right that such Lender may have against the Swingline Lender, the Borrower or any other Person for any reason whatsoever, (B) the occurrence or continuance of a Default, or (C) any other occurrence, event or
condition, whether or not similar to any of the foregoing; provided, however, that each Lender’s obligation to make Revolving Loans pursuant to this Section 2.04(c) is subject to the conditions set forth in
Section 5.02. No such funding of risk participations shall relieve or otherwise impair the obligation of the Borrower to repay Swingline Loans, together with interest as provided herein. 

(d) Repayment of Participations. 

(i) At any time after any Lender has purchased and funded a risk participation in a Swingline Loan, if the Swingline
Lender receives any payment on account of such Swingline Loan, the Swingline Lender will distribute to such Lender its Applicable Percentage of such payment (appropriately adjusted, in the case of interest payments, to reflect the period of time
during which such Lender’s risk participation was funded) in the same funds as those received by the Swingline Lender. 
 (ii) If any payment received by the Swingline Lender in respect of principal or interest on any Swingline Loan is required to be returned by the Swingline Lender under any of the circumstances described
in Section 11.05 (including pursuant to any settlement entered into by the Swingline Lender in its discretion), each Lender shall pay to the Swingline Lender its Applicable Percentage thereof on demand of the Administrative Agent, plus
interest thereon from the date of such demand to the date such amount is returned, at a rate per annum equal to the Federal Funds Rate. The Administrative Agent will make such demand upon the request of the Swingline Lender. The obligations of the
Lenders under this clause shall survive the payment in full of the Obligations and the termination of this Credit Agreement. 
 (e) Interest for Account of Swingline Lender. The Swingline Lender shall be responsible for invoicing the Borrower for interest on the Swingline Loans. Until each Lender

  
 48 

 
funds its Revolving Loans that are Base Rate Loans or risk participation pursuant to this Section 2.04 to refinance such Lender’s Applicable Percentage of any Swingline Loan,
interest in respect of such Applicable Percentage shall be solely for the account of the Swingline Lender. 
 (f)
Payments Directly to Swingline Lender. The Borrower shall make all payments of principal and interest in respect of the Swingline Loans directly to the Swingline Lender. 

2.05 Prepayments. 
 (a) Voluntary Prepayments of Loans. 
 (i) Revolving Loans
and Term Loans. The Borrower may, upon notice from the Borrower to the Administrative Agent, at any time or from time to time voluntarily prepay Revolving Loans or any Term Loan, as specified by the Borrower, in whole or in part without premium
or penalty; provided that (A) such notice must be received by the Administrative Agent not later than 11:00 a.m. (1) three (3) Business Days prior to any date of prepayment of Eurodollar Rate Loans and (2) on the date of
prepayment of Base Rate Loans; (B) any such prepayment of Eurodollar Rate Loans shall be in a principal amount of $5,000,000 or a whole multiple of $1,000,000 in excess thereof (or, if less, the entire principal amount thereof then
outstanding); (C) any prepayment of Base Rate Loans shall be in a principal amount of $1,000,000 or a whole multiple of $500,000 in excess thereof (or, if less, the entire principal amount thereof then outstanding) and (D) any prepayment
of the Term Loans shall be applied ratably among the Term Loans then existing, with such prepayment being applied to the remaining principal amortization payments thereunder as directed by the Borrower. Each such notice shall specify the date and
amount of such prepayment and the Type(s) of Loans to be prepaid and, if Eurodollar Rate Loans are to be prepaid, the Interest Period(s) of such Loans. The Administrative Agent will promptly notify each Lender of its receipt of each such notice, and
of the amount of such Lender’s Applicable Percentage of such prepayment. If such notice is given by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date
specified therein. Any prepayment of a Eurodollar Rate Loan shall be accompanied by all accrued interest on the amount prepaid, together with any additional amounts required pursuant to Section 3.05. Subject to Section 2.15,
each such prepayment shall be applied to the Loans of the Lenders in accordance with their respective Applicable Percentages. 
 (ii) Swingline Loans. The Borrower may, upon notice to the Swingline Lender (with a copy to the Administrative Agent), at any time or from time to time, voluntarily prepay Swingline Loans in whole
or in part without premium or penalty; provided that (i) such notice must be received by the Swingline Lender and the Administrative Agent not later than 1:00 p.m. on the date of the prepayment, and (ii) any such prepayment shall be
in a minimum principal amount of $100,000 or a whole multiple of $100,000 in excess thereof (or, if less, the entire principal thereof then outstanding). Each such notice shall specify the date and amount of such prepayment. If such notice is given
by the Borrower, the Borrower shall make such prepayment and the payment amount specified in such notice shall be due and payable on the date specified therein. 

  
 49 

 (b) Mandatory Prepayments of Loans. 

(i) Revolving Commitments. If for any reason the Total Revolving Outstandings at any time exceed the Aggregate
Revolving Commitments then in effect, the Borrower shall immediately prepay Revolving Loans and/or Swingline Loans and/or Cash Collateralize the L/C Obligations in an aggregate amount equal to such excess; provided, however, that the
Borrower shall not be required to Cash Collateralize the L/C Obligations pursuant to this Section 2.05(b)(i) unless after the prepayment in full of the Revolving Loans and Swingline Loans the Total Revolving Outstandings exceed the
Aggregate Revolving Commitments then in effect. 
 (ii) Dispositions and Involuntary Dispositions. Within
five (5) Business Days of receipt thereof, the Borrower shall prepay the Term Loans as hereafter provided in an aggregate amount equal to one hundred percent (100%) of the Net Cash Proceeds received by any Credit Party or any Restricted
Subsidiary from all Dispositions (other than Permitted Dispositions and Dispositions permitted under Sections 8.04(a)(vii)(B)(2), 8.04(a)(vii)(C) and 8.04(a)(viii)) and Involuntary Dispositions to the extent such Net Cash
Proceeds are not reinvested in assets (excluding current assets as classified by GAAP) that are useful in the business of the Borrower and its Subsidiaries within two hundred and forty (240) days of the date of such Disposition or Involuntary
Disposition. 
 (iii) Debt Issuances. Within one (1) Business Day of receipt by any Credit Party or
any Restricted Subsidiary of the Net Cash Proceeds of any Debt Issuance, the Borrower shall prepay the Term Loans as hereafter provided in an aggregate amount equal to one hundred percent (100%) of such Net Cash Proceeds. 

(iv) Extraordinary Receipts. Within five (5) Business Days of receipt by any Credit Party or any
Subsidiary of any Extraordinary Receipt received by or paid to or for the account of any Credit Party or any of its Subsidiaries, and not otherwise included in clause (i), (ii) or (iii) of this Section, the Borrower shall prepay the Loans.

 (v) Application of Mandatory Prepayments. All amounts required to be paid pursuant to this
Section 2.05(b) shall be applied as follows: 
 (A) with respect to all amounts prepaid pursuant to
Section 2.05(b)(i), first, ratably to the L/C Borrowings and the Swingline Loans, second, to the outstanding Revolving Loans, and, third, to Cash Collateralize the remaining L/C Obligations; and 

(B) with respect to all amounts prepaid pursuant to Sections 2.05(b)(ii), (iii) and (iv),
first, ratably to the Term Loans (with such amounts being applied to the first four remaining principal amortization payments thereof in direct order of maturity and then ratably to all remaining principal amortization payments),
second, ratably to the L/C Borrowings and the Swingline Loans, and third, to the outstanding Revolving Loans (without any corresponding permanent reduction in the Aggregate Revolving Commitments). 

Within the parameters of the applications set forth above, prepayments shall be applied first to Base Rate Loans and then to Eurodollar
Rate Loans in direct order of Interest Period maturities. All prepayments under this Section 2.05(b) shall be subject to Section 3.05, but otherwise without premium or penalty, and shall be accompanied by interest on the
principal amount prepaid through the date of prepayment. 

  
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 (vi) Eurodollar Prepayment Account. If the Borrower is required to
make a mandatory prepayment of Eurodollar Rate Loans under this Section 2.05(b), so long as no Event of Default exists, the Borrower shall have the right, in lieu of making such prepayment in full, to deposit an amount equal to such
mandatory prepayment with the Administrative Agent in a cash collateral account maintained (pursuant to documentation reasonably satisfactory to the Administrative Agent) by and in the sole dominion and control of the Administrative Agent. Any
amounts so deposited shall be held by the Administrative Agent as collateral for the prepayment of such Eurodollar Rate Loans and shall be applied to the prepayment of the applicable Eurodollar Rate Loans at the end of the current Interest Periods
applicable thereto or, sooner, at the election of the Administrative Agent, upon the occurrence of an Event of Default. At the request of the Borrower, amounts so deposited shall be invested by the Administrative Agent in Cash Equivalents maturing
on or prior to the date or dates on which it is anticipated that such amounts will be applied to prepay such Eurodollar Rate Loans; any interest earned on such Cash Equivalents will be for the account of the Borrower and the Borrower will deposit
with the Administrative Agent the amount of any loss on any such Cash Equivalents to the extent necessary in order that the amount of the prepayment to be made with the deposited amounts shall not be reduced. 

2.06 Termination or Reduction of Aggregate Revolving Commitments. 

The Borrower may, upon notice to the Administrative Agent, terminate the Aggregate Revolving Commitments, or from time to time permanently
reduce the Aggregate Revolving Commitments to an amount not less than the Total Revolving Outstandings; provided that (i) any such notice shall be received by the Administrative Agent not later than 12:00 noon three (3) Business
Days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $5,000,000 or any whole multiple of $1,000,000 in excess thereof and (iii) if, after giving effect to any reduction of
the Aggregate Revolving Commitments, the Letter of Credit Sublimit or the Swingline Sublimit exceeds the amount of the Aggregate Revolving Commitments, such sublimit shall be automatically reduced by the amount of such excess. The Administrative
Agent will promptly notify the Lenders of any such notice of termination or reduction of the Aggregate Revolving Commitments. Except as provided in Section 2.15(e), any reduction of the Aggregate Revolving Commitments shall be applied to
the Revolving Commitment of each Lender according to its Applicable Percentage. All fees accrued with respect thereto until the effective date of any termination of the Aggregate Revolving Commitments shall be paid on the effective date of such
termination. 
 2.07 Repayment of Loans. 

(a) Revolving Loans. The Borrower shall repay to the Lenders on the Maturity Date the aggregate principal amount of
all Revolving Loans outstanding on such date. 
 (b) Swingline Loans. The Borrower shall repay each
Swingline Loan on the earlier to occur of (i) the date ten (10) Business Days after such Swingline Loan is made and (ii) the Maturity Date. 
 (c) Term Loan A. The Borrower shall repay the outstanding principal amount of the Term Loan A in installments on the dates and in the amounts set forth in the table below (as such installments may
hereafter be adjusted as a result of prepayments made pursuant to Section 2.05), 

  
 51 

 
unless accelerated sooner pursuant to Section 9.02; provided that if the payment date set forth below is not a Business Day, payment shall be due on the immediately preceding
Business Day: 
  

					
	 Payment Dates
	  	Principal Amortization
Payment	 
	 March 31, 2013
	  	$	1,562,500.00	  
	 June 30, 2013
	  	$	1,562,500.00	  
	 September 30, 2013
	  	$	1,562,500.00	  
	 December 31, 2013
	  	$	1,562,500.00	  
	 March 31, 2014
	  	$	2,343,750.00	  
	 June 30, 2014
	  	$	2,343,750.00	  
	 September 30, 2014
	  	$	2,343,750.00	  
	 December 31, 2014
	  	$	2,343,750.00	  
	 March 31, 2015
	  	$	3,125,000.00	  
	 June 30, 2015
	  	$	3,125,000.00	  
	 September 30, 2015
	  	$	3,125,000.00	  
	 December 31, 2015
	  	$	3,125,000.00	  
	 March 31, 2016
	  	$	3,906,250.00	  
	 June 30, 2016
	  	$	3,906,250.00	  
	 September 30, 2016
	  	$	3,906,250.00	  
	 December 31, 2016
	  	$	3,906,250.00	  
	 March 31, 2017
	  	$	4,687,500.00	  
	 June 30, 2017
	  	$	4,687,500.00	  
	 September 30, 2017
	  	$	4,687,500.00	  

 The Outstanding Amount of the Term Loan A, together with unpaid accrued interest, shall be due and payable
in full on the Maturity Date. 
 (d) Additional Term Loans. The Outstanding Amount of any Additional Term
Loan established as an Incremental Credit Facility hereunder shall be repayable as provided in the documentation establishing such Additional Term Loan. Amounts repaid on any Additional Term Loan may not be reborrowed. 

2.08 Interest. 
 (a) Subject to the provisions of subsection (b) below, with respect to the Term A Loans, Revolving Loans and Swingline Loans, (i) each Eurodollar Rate Loan shall bear interest on the
outstanding principal amount thereof for each Interest Period at a rate per annum equal to the sum of the Eurodollar Rate for such Interest Period plus the Applicable Rate; (ii) each Base Rate Loan shall bear interest on the outstanding
principal amount thereof from the applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate; and (iii) each Swingline Loan shall bear interest on the outstanding principal amount thereof from the
applicable borrowing date at a rate per annum equal to the Base Rate plus the Applicable Rate. Any Additional Term Loan established as Incremental Credit Facilities hereunder shall bear interest on the outstanding principal amount thereof as
provided in the loan documentation establishing such Additional Term Loan. 

  
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 (b) (i) If any amount of principal of any Loan is not paid when due, whether
at stated maturity, by acceleration or otherwise, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by applicable Laws. 

(ii) If any amount (other than principal of any Loan) payable by the Borrower under any Credit Document is not paid when
due, whether at stated maturity, by acceleration or otherwise, then upon the request of the Required Lenders, such amount shall thereafter bear interest at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest
extent permitted by applicable Laws. 
 (iii) During the continuance of an Event of Default under
Section 9.01(e), the Borrower shall pay interest on the principal amount of all outstanding Obligations hereunder at a fluctuating interest rate per annum at all times equal to the Default Rate to the fullest extent permitted by
applicable Laws. 
 (iv) Accrued and unpaid interest on past due amounts (including interest on past due
interest) shall be due and payable upon demand. 
 (c) Interest on each Loan shall be due and payable in arrears
on each Interest Payment Date applicable thereto and at such other times as may be specified herein. Interest hereunder shall be due and payable in accordance with the terms hereof before and after judgment, and before and after the commencement of
any proceeding under any Debtor Relief Law. 
 2.09 Fees. 

In addition to certain fees described in subsections (h) and (i) of Section 2.03: 

(a) Commitment Fee. The Borrower shall pay to the Administrative Agent, for the account of each Lender in
accordance with its Applicable Percentage, a commitment fee (the “Commitment Fee”) equal to the product of (i) the Applicable Rate times (ii) the actual daily amount by which the Aggregate Revolving Commitments
exceed the sum of (y) the Outstanding Amount of Revolving Loans and (z) the Outstanding Amount of L/C Obligations, subject to adjustment as provided in Section 2.15. The Commitment Fee shall accrue at all times during the
Availability Period, including at any time during which one (1) or more of the conditions in Article V is not met, and shall be due and payable quarterly in arrears on the last Business Day of each March, June, September and December,
commencing with the first such date to occur after the Closing Date, and on the last day of the Availability Period. The Commitment Fee shall be calculated quarterly in arrears, and if there is any change in the Applicable Rate during any quarter,
the actual daily amount shall be computed and multiplied by the Applicable Rate separately for each period during such quarter that such Applicable Rate was in effect. For purposes of clarification, Swingline Loans shall not be considered
outstanding for purposes of determining the unused portion of the Aggregate Revolving Commitments. 
 (b) Fee
Letters. The Borrower shall pay to the Joint Lead Arrangers and the Administrative Agent for their own respective accounts fees in the amounts and at the times specified in the Fee Letters. Such fees shall be fully earned when paid and shall not
be refundable for any reason whatsoever. 

  
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 2.10 Computation of Interest and Fees; Retroactive Adjustments of Applicable Rate.

 (a) All computations of interest for Base Rate Loans (including Base Rate Loans determined by reference to
the Eurodollar Rate) shall be made on the basis of a year of three hundred sixty-five (365) or three hundred sixty-six (366) days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on
the basis of a 360-day year and actual days elapsed (which results in more fees or interest, as applicable, being paid than if computed on the basis of a 365-day year). Interest shall accrue on each Loan for the day on which the Loan is made, and
shall not accrue on a Loan, or any portion thereof, for the day on which the Loan or such portion is paid, provided that any Loan that is repaid on the same day on which it is made shall, subject to Section 2.12(a), bear interest
for one (1) day. Each determination by the Administrative Agent of an interest rate or fee hereunder shall be conclusive and binding for all purposes, absent manifest error. 

(b) If, as a result of any restatement of or other adjustment to the financial statements of the Borrower or for any other
reason, the Borrower or the Lenders determine that (i) the Consolidated Leverage Ratio as calculated by the Borrower as of any applicable date was inaccurate and (ii) a proper calculation of the Consolidated Leverage Ratio would have
resulted in higher pricing for such period, the Borrower shall immediately and retroactively be obligated to pay to the Administrative Agent for the account of the applicable Lenders or the L/C Issuer, as the case may be, promptly on demand by the
Administrative Agent (or, after the occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code, automatically and without further action by the Administrative Agent, any Lender or the
L/C Issuer), an amount equal to the excess of the amount of interest and fees that should have been paid for such period over the amount of interest and fees actually paid for such period. This paragraph shall not limit the rights of the
Administrative Agent, any Lender or the L/C Issuer, as the case may be, under Section 2.03(c)(iii), 2.03(h) or 2.08(b) or under Article IX. The Borrower’s obligations under this paragraph shall survive through
and including the date that is one year after date of the termination of the Aggregate Revolving Commitments and the repayment of all Obligations hereunder. 
 2.11 Evidence of Debt. 
 (a) The Credit Extensions
made by each Lender shall be evidenced by one (1) or more accounts or records maintained by such Lender and by the Administrative Agent in the ordinary course of business. The accounts or records maintained by the Administrative Agent and each
Lender shall be conclusive absent manifest error of the amount of the Credit Extensions made by the Lenders to the Borrower and the interest and payments thereon. Any failure to so record or any error in doing so shall not, however, limit or
otherwise affect the obligation of the Borrower hereunder to pay any amount owing with respect to the Obligations. In the event of any conflict between the accounts and records maintained by any Lender and the accounts and records of the
Administrative Agent in respect of such matters, the accounts and records of the Administrative Agent shall control in the absence of manifest error. Upon the request of any Lender made through the Administrative Agent, the Borrower shall execute
and deliver to such Lender (through the Administrative Agent) a promissory note, which shall evidence such Lender’s Loans in addition to such accounts or records. Each such promissory note shall (i) in the case of Revolving Loans, be in
the form of Exhibit 2.11(a)-1 (a “Revolving Note”), (ii) in the case of Swingline Loans, be in the form of Exhibit 2.11(a)-2 (a “Swingline Note”) and (iii) in the

  
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case of any Term Loan, be in the form of Exhibit 2.11(a)-3 (a “Term Note”). Each Lender may attach schedules to its Note and endorse thereon the date, Type (if
applicable), amount and maturity of its Loans and payments with respect thereto. 
 (b) In addition to the
accounts and records referred to in subsection (a), each Lender and the Administrative Agent shall maintain in accordance with its usual practice accounts or records evidencing the purchases and sales by such Lender of participations in
Letters of Credit and Swingline Loans. In the event of any conflict between the accounts and records maintained by the Administrative Agent and the accounts and records of any Lender in respect of such matters, the accounts and records of the
Administrative Agent shall control in the absence of manifest error. 
 2.12 Payments Generally; Administrative
Agent’s Clawback. 
 (a) General. All payments to be made by the Borrower shall be made
without condition or deduction for any counterclaim, defense, recoupment or setoff. Except as otherwise expressly provided herein, all payments by the Borrower hereunder shall be made to the Administrative Agent, for the account of the respective
Lenders to which such payment is owed, at the Administrative Agent’s Office in Dollars and in immediately available funds not later than 2:00 p.m. on the date specified herein. The Administrative Agent will promptly distribute to each Lender
its Applicable Percentage (or other applicable share as provided herein) of such payment in like funds as received by wire transfer to such Lender’s Lending Office. All payments received by the Administrative Agent after 2:00 p.m. shall be
deemed received on the next succeeding Business Day and any applicable interest or fee shall continue to accrue. If any payment to be made by the Borrower shall come due on a day other than a Business Day, payment shall be made on the next following
Business Day, and such extension of time shall be reflected in computing interest or fees, as the case may be. 

(b) (i) Funding by Lenders; Presumption by Administrative Agent. Unless the Administrative Agent shall have
received notice from a Lender prior to the proposed date of any Borrowing of Eurodollar Rate Loans (or, in the case of any Borrowing of Base Rate Loans, prior to 12:00 noon on the date of such Borrowing) that such Lender will not make available to
the Administrative Agent such Lender’s share of such Borrowing, the Administrative Agent may assume that such Lender has made such share available on such date in accordance with Section 2.02 (or, in the case of a Borrowing of Base
Rate Loans, that such Lender has made such share available in accordance with and at the time required by Section 2.02) and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such event, if a
Lender has not in fact made its share of the applicable Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount in
immediately available funds with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (A) in the case of a payment to be
made by such Lender, the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation, plus any administrative, processing or similar fees customarily charged
by the Administrative Agent in connection with the foregoing, and (B) in the case of a payment to be made by the Borrower, the interest rate applicable to Base Rate Loans. If the Borrower and such Lender shall pay such interest to the
Administrative Agent for the same or an overlapping period, the Administrative Agent shall promptly remit to the Borrower the amount of such interest paid 

  
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by the Borrower for such period. If such Lender pays its share of the applicable Borrowing to the Administrative Agent, then the amount so paid shall constitute such Lender’s Loan included
in such Borrowing. Any payment by the Borrower shall be without prejudice to any claim the Borrower may have against a Lender that shall have failed to make such payment to the Administrative Agent. 

(ii) Payments by Borrower; Presumptions by Administrative Agent. Unless the Administrative Agent shall have
received notice from the Borrower prior to the time at which any payment is due to the Administrative Agent for the account of the Lenders or the L/C Issuer hereunder that the Borrower will not make such payment, the Administrative Agent may assume
that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders or the L/C Issuer, as the case may be, the amount due. In such event, if the Borrower has not in fact
made such payment, then each of the Lenders or the L/C Issuer, as the case may be, severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender or the L/C Issuer, in immediately available funds
with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date of payment to the Administrative Agent, at the greater of the Federal Funds Rate and a rate determined by the Administrative
Agent in accordance with banking industry rules on interbank compensation. 
 A notice of the Administrative Agent to any Lender
or the Borrower with respect to any amount owing under this  
 subsection (b) shall be conclusive, absent manifest error.

 (c) Failure to Satisfy Conditions Precedent. If any Lender makes available to the Administrative Agent
funds for any Loan to be made by such Lender as provided in the foregoing provisions of this Article II, and such funds are not made available to the Borrower by the Administrative Agent because the conditions to the applicable Credit
Extension set forth in Article V are not satisfied or waived in accordance with the terms hereof, the Administrative Agent shall promptly return such funds (in like funds as received from such Lender) to such Lender, without interest.

 (d) Obligations of Lenders Several. The obligations of the Lenders hereunder to make Loans, to fund
participations in Letters of Credit and Swingline Loans and to make payments pursuant to Section 11.04(c) are several and not joint. The failure of any Lender to make any Loan, to fund any such participation or to make any payment under
Section 11.04(c) on any date required hereunder shall not relieve any other Lender of its corresponding obligation to do so on such date, and no Lender shall be responsible for the failure of any other Lender to so make its Loan, to
purchase its participation or to make its payment under Section 11.04(c). 
 (e) Funding
Source. Nothing herein shall be deemed to obligate any Lender to obtain the funds for any Loan in any particular place or manner or to constitute a representation by any Lender that it has obtained or will obtain the funds for any Loan in any
particular place or manner. 
 (f) Insufficient Funds. If at any time insufficient funds are received by
and available to the Administrative Agent to pay fully all amounts of principal, L/C Borrowings, interest and fees then due hereunder, such funds shall be applied (i) first, toward payment of interest and fees then due hereunder, ratably
among the parties entitled thereto in accordance with the amounts of interest and fees then due to such parties, and (ii) second, toward payment of principal and L/C Borrowings then due hereunder, ratably among the parties entitled
thereto in accordance with the amounts of principal and L/C Borrowings then due to such parties. 

  
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 2.13 Sharing of Payments by Lenders. 

If any Lender shall, by exercising any right of setoff or counterclaim or otherwise, obtain payment in respect of any principal of or
interest on any of the Loans made by it, or the participations in L/C Obligations or in Swingline Loans held by it resulting in such Lender’s receiving payment of a proportion of the aggregate amount of such Loans or participations and accrued
interest thereon greater than its pro rata share thereof as provided herein, then the Lender receiving such greater proportion shall (a) notify the Administrative Agent of such fact, and (b) purchase (for cash at face value)
participations in the Loans and subparticipations in L/C Obligations and Swingline Loans of the other Lenders, or make such other adjustments as shall be equitable, so that the benefit of all such payments shall be shared by the Lenders ratably in
accordance with the aggregate amount of principal of and accrued interest on their respective Loans and other amounts owing them, provided that: 
 (i) if any such participations or subparticipations are purchased and all or any portion of the payment giving rise thereto is recovered, such participations or subparticipations shall be rescinded and
the purchase price restored to the extent of such recovery, without interest; and 
 (ii) the provisions of this
Section shall not be construed to apply to (A) any payment made by or on behalf of the Borrower pursuant to and in accordance with the express terms of this Credit Agreement (including the application of funds arising from the existence of a
Defaulting Lender), (B) the application of Cash Collateral provided for in Section 2.14, or (C) any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans or
subparticipations in L/C Obligations or Swingline Loans to any assignee or participant, other than an assignment to any Credit Party or any Subsidiary thereof (as to which the provisions of this Section shall apply). 

Each Credit Party consents to the foregoing and agrees, to the extent it may effectively do so under applicable Laws, that any Lender
acquiring a participation pursuant to the foregoing arrangements may exercise against such Credit Party rights of setoff and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of such Credit Party in
the amount of such participation. 
 2.14 Cash Collateral. 

(a) Certain Credit Support Events. If (i) the L/C Issuer has honored any full or partial drawing request under
any Letter of Credit and such drawing has resulted in an L/C Borrowing, (ii) as of the Letter of Credit Expiration Date, any L/C Obligation for any reason remains outstanding, (iii) the Borrower shall be required to provide Cash Collateral
pursuant to Section 9.02(c) or (iv) there shall exist a Defaulting Lender, the Borrower shall immediately (in the case of clause (iii) above) or within one Business Day (in all other cases) following any request by the
Administrative Agent or the L/C Issuer provide Cash Collateral in an amount not less than the applicable Minimum Collateral Amount (determined in the case of Cash Collateral provided pursuant to clause (iv) above, after giving effect to
Section 2.15(b) and any Cash Collateral provided by the Defaulting Lender). 

  
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 (b) Grant of Security Interest. The Borrower, and to the extent
provided by any Defaulting Lender, such Defaulting Lender, hereby grants to (and subjects to the control of) the Administrative Agent, for the benefit of the Administrative Agent, the L/C Issuer and the Lenders, and agrees to maintain, a first
priority security interest in all such cash, deposit accounts and all balances therein, and all other property so provided as collateral pursuant hereto, and in all proceeds of the foregoing, all as security for the obligations to which such Cash
Collateral may be applied pursuant to Section 2.14(c). If at any time the Administrative Agent determines that Cash Collateral is subject to any right or claim of any Person other than the Administrative Agent or the L/C Issuer as herein
provided (other than Liens permitted under clause (k) in the definition of “Permitted Liens”), or that the total amount of such Cash Collateral is less than the Minimum Collateral Amount, the Borrower or the relevant Defaulting
Lender will, promptly upon demand by the Administrative Agent, pay or provide to the Administrative Agent additional Cash Collateral in an amount sufficient to eliminate such deficiency. All Cash Collateral (other than credit support not
constituting funds subject to deposit) shall be maintained in blocked, non-interest bearing deposit accounts at Bank of America. The Borrower or the relevant Defaulting Lender shall pay on demand therefor from time to time all customary account
opening, activity and other administrative fees and charges in connection with the maintenance and disbursement of Cash Collateral. 
 (c) Application. Notwithstanding anything to the contrary contained in this Credit Agreement, Cash Collateral provided under any of this Section 2.14 or Sections 2.03,
2.05, 2.15 or 9.02 in respect of Letters of Credit shall be held and applied to the satisfaction of the specific L/C Obligations, obligations to fund participations therein (including, as to Cash Collateral provided by a
Defaulting Lender, any interest accrued on such obligation) and other obligations for which the Cash Collateral was so provided, prior to any other application of such property as may otherwise be provided for herein. 

(d) Release. Cash Collateral (or the appropriate portion thereof) provided to reduce Fronting Exposure or to secure
other obligations shall be released promptly following (i) the elimination of the applicable Fronting Exposure or other obligations giving rise thereto (including by the termination of Defaulting Lender status of the applicable Lender (or, as
appropriate, its assignee following compliance with Section 11.06(b)(vi))) or (ii) the good faith determination by the Administrative Agent and the L/C Issuer that there exists excess Cash Collateral; provided,
however, the Person providing Cash Collateral and the L/C Issuer may agree that Cash Collateral shall not be released but instead held to support future anticipated Fronting Exposure or other obligations. 

2.15 Defaulting Lenders. 
 (a) Adjustments. Notwithstanding anything to the contrary contained in this Credit Agreement, if any Lender becomes a Defaulting Lender, then, until such time as that Lender is no longer a
Defaulting Lender, to the extent permitted by applicable Law: 
 (i) Waivers and Amendments. Such
Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Credit Agreement shall be restricted as set forth in the definition of “Required Lenders” and Section 11.01.

 (ii) Defaulting Lender Waterfall. Any payment of principal, interest, fees or other amounts received by
the Administrative Agent for the account of such Defaulting Lender (whether voluntary or mandatory, at maturity, pursuant to Article IX or 

  
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otherwise) or received by the Administrative Agent from a Defaulting Lender pursuant to Section 11.08 shall be applied at such time or times as may be determined by the Administrative
Agent as follows: first, to the payment of any amounts owing by such Defaulting Lender to the Administrative Agent hereunder; second, to the payment on a pro rata basis of any amounts owing by such Defaulting Lender to the L/C Issuer
or Swingline Lender hereunder; third, to Cash Collateralize the L/C Issuer’s Fronting Exposure with respect to such Defaulting Lender in accordance with Section 2.14; fourth, as the Borrower may request (so long as no
Default or Event of Default exists), to the funding of any Loan in respect of which such Defaulting Lender has failed to fund its portion thereof as required by this Credit Agreement, as determined by the Administrative Agent; fifth, if so
determined by the Administrative Agent and the Borrower, to be held in a deposit account and released pro rata in order to (x) satisfy such Defaulting Lender’s potential future funding obligations with respect to Loans under this Credit
Agreement and (y) Cash Collateralize the L/C Issuer’s future Fronting Exposure with respect to such Defaulting Lender with respect to future Letters of Credit issued under this Credit Agreement, in accordance with Section 2.14;
sixth, to the payment of any amounts owing to the Lenders, the L/C Issuer or Swingline Lender as a result of any judgment of a court of competent jurisdiction obtained by any Lender, the L/C Issuer or the Swingline Lender against such
Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Credit Agreement; seventh, so long as no Default or Event of Default exists, to the payment of any amounts owing to the Borrower as a result
of any judgment of a court of competent jurisdiction obtained by the Borrower against such Defaulting Lender as a result of such Defaulting Lender’s breach of its obligations under this Credit Agreement; and eighth, to such Defaulting
Lender or as otherwise directed by a court of competent jurisdiction; provided that if (x) such payment is a payment of the principal amount of any Loans or L/C Borrowings in respect of which such Defaulting Lender has not fully funded
its appropriate share, and (y) such Loans were made or the related Letters of Credit were issued at a time when the conditions set forth in Section 5.02 were satisfied or waived, such payment shall be applied solely to pay the Loans
of, and L/C Obligations owed to, all Non-Defaulting Lenders on a pro rata basis prior to being applied to the payment of any Loans of, or L/C Obligations owed to, such Defaulting Lender until such time as all Loans and funded and unfunded
participations in L/C Obligations and Swingline Loans are held by the Lenders pro rata in accordance with the Commitments hereunder without giving effect to Section 2.15(b). Any payments, prepayments or other amounts paid or payable to a
Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.15(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender
irrevocably consents hereto. 
 (iii) Certain Fees. 

(A) No Defaulting Lender shall be entitled to receive any fee payable under Section 2.09(a) for any period
during which that Lender is a Defaulting Lender (and the Borrower shall not be required to pay any such fee that otherwise would have been required to have been paid to that Defaulting Lender). 

(B) Each Defaulting Lender shall be entitled to receive Letter of Credit Fees for any period during which that Lender is
a Defaulting Lender only to the extent allocable to its Applicable Percentage of the stated amount of Letters of Credit for which it has provided Cash Collateral pursuant to Section 2.14. 

  
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 (C) With respect to any fee payable under Section 2.09(a) or
any Letter of Credit Fee not required to be paid to any Defaulting Lender pursuant to clause (A) or (B) above, the Borrower shall (x) pay to each Non-Defaulting Lender that portion of any such fee otherwise payable to
such Defaulting Lender with respect to such Defaulting Lender’s participation in L/C Obligations or Swingline Loans that has been reallocated to such Non-Defaulting Lender pursuant to Section 2.15(b) below, (y) pay to the L/C
Issuer and Swingline Lender, as applicable, the amount of any such fee otherwise payable to such Defaulting Lender to the extent allocable to such L/C Issuer’s or Swingline Lender’s Fronting Exposure to such Defaulting Lender, and
(z) not be required to pay the remaining amount of any such fee. 
 (b) Reallocation of Applicable
Percentages to Reduce Fronting Exposure. All or any part of such Defaulting Lender’s participation in L/C Obligations and Swingline Loans shall be reallocated among the Non-Defaulting Lenders in accordance with their respective Applicable
Percentages (calculated without regard to such Defaulting Lender’s Commitment) but only to the extent that (x) the conditions set forth in Section 5.02 are satisfied at the time of such reallocation (and, unless the Borrower
shall have otherwise notified the Administrative Agent at such time, the Borrower shall be deemed to have represented and warranted that such conditions are satisfied at such time), and (y) such reallocation does not cause the aggregate
Revolving Credit Exposure of any Non-Defaulting Lender to exceed such Non-Defaulting Lender’s Commitment. No reallocation hereunder shall constitute a waiver or release of any claim of any party hereunder against a Defaulting Lender arising
from that Lender having become a Defaulting Lender, including any claim of a Non-Defaulting Lender as a result of such Non-Defaulting Lender’s increased exposure following such reallocation. 

(c) Cash Collateral, Repayment of Swingline Loans. If the reallocation described in Section 2.15(b)
above cannot, or can only partially, be effected, the Borrower shall, without prejudice to any right or remedy available to it hereunder or under applicable Law, (x) first, prepay Swingline Loans in an amount equal to the Swingline
Lenders’ Fronting Exposure and (y) second, Cash Collateralize the L/C Issuers’ Fronting Exposure in accordance with the procedures set forth in Section 2.14. 

(d) Defaulting Lender Cure. If the Borrower, the Administrative Agent, the Swingline Lender and the L/C Issuer
agree in writing that a Lender is no longer a Defaulting Lender, the Administrative Agent will so notify the parties hereto, whereupon as of the effective date specified in such notice and subject to any conditions set forth therein (which may
include arrangements with respect to any Cash Collateral to be provided by such Lender), that Lender will, to the extent applicable, purchase at par that portion of outstanding Loans of the other Lenders or take such other actions as the
Administrative Agent may determine to be necessary to cause the Loans and funded and unfunded participations in Letters of Credit and Swingline Loans to be held on a pro rata basis by the Lenders in accordance with their Applicable Percentages
(without giving effect to Section 2.15(b)), whereupon such Lender will cease to be a Defaulting Lender; provided that no adjustments will be made retroactively with respect to fees accrued or payments made by or on behalf of the
Borrower while that Lender was a Defaulting Lender; and provided, further, that except to the extent otherwise expressly agreed by the affected parties, no change hereunder from Defaulting Lender to Lender will constitute a waiver or
release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. 

  
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 (e) Non-Ratable Reduction of Revolving Commitments. During any period
in which there is a Defaulting Lender, the Borrower may (in its discretion) apply all or any portion (to be specified by the Borrower) of any optional reduction of unused Revolving Commitments of that Defaulting Lender as specified by the Borrower
before applying any remaining reduction to all Revolving Lenders in the manner otherwise specified in Section 2.06. 

2.16 Reverse Dutch Auction Prepayments. 
 (a) Notwithstanding anything to the contrary contained in this Credit Agreement, any Credit Party may at any time and from time to time purchase Term Loans at a purchase price to be determined in
accordance with the Auction Procedures (each, an “Auction”, and each such Auction to be managed exclusively by the Administrative Agent or another financial institution of recognized national standing selected by such Credit Party
and reasonably acceptable to the Administrative Agent (in such capacity, the “Auction Manager”)), so long as the following conditions are satisfied: 

(i) each Auction shall be conducted in accordance with the procedures, terms and conditions set forth in this Section and
the Auction Procedures; 
 (ii) no Default or Event of Default shall have occurred and be continuing or would
result therefrom; 
 (iii) the principal amount (calculated on the face amount thereof) of any Term Loan that
such Credit Party offers to repay in any such Auction shall be no less than $5,000,000 and whole increments of $500,000 in excess thereof (unless another amount is agreed to by the Administrative Agent and Auction Manager); 

(iv) the aggregate principal amount (calculated on the face amount thereof) of any Term Loan so prepaid by such Credit
Party shall automatically be cancelled and retired by the Borrower on the settlement date of the relevant prepayment; 
 (v) no more than one Auction may be ongoing at any one time; and 

(vi) any Auction shall be offered to all Lenders with a Commitment or outstanding Loans of the applicable Term Loan that
is to be prepaid on a pro rata basis. 
 (b) Any purchase of Term Loans pursuant to this Section 2.16 shall be
effective upon recordation in the Register (in the manner set forth above) by the Administrative Agent. Each assignment shall be recorded in the Register immediately following the completion of the relevant Auction conducted pursuant to the relevant
Auction Procedures. The date of such recordation of a transfer shall be referred to in this Section 2.16 as the “ Auction Effective Date”. After such assignments have been recorded in the Register, the Credit Party, the
Borrower and such Term Loans shall each be removed by the Administrative Agent from the Register in their entirety. The processing and recordation fee as set forth in Section 11.06(b)(iv) shall not be applicable to any purchase of Term
Loans pursuant to this Section 2.16 or the concurrent assignment of Term Loans by any Credit Party to the Borrower, in each case consummated pursuant to this Section 2.16. 

(c) Each Credit Party shall make payment of the purchase price for Term Loans accepted for purchase pursuant to the Auction Procedures by
transmitting funds directly to the assigning Lender. Interest on such Term Loans accrued through the Auction Effective Date shall be paid to the Lender that has assigned such Term Loans on the Auction Effective Date. 

  
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 (d) The provisions of this Section 2.16 shall not require any Credit Party to
offer to purchase any Term Loans. 
 (e) The Administrative Agent and the Lenders hereby consent to the Auctions and the other
transactions contemplated by this Section (provided that no Lender shall have an obligation to participate in any such Auctions) and hereby waive the requirements of any provision of this Credit Agreement (including, without limitation,
Sections 2.05 and 2.13), it being understood and acknowledged that prepayments of the Term Loans by a Credit Party contemplated by this Section shall not constitute Investments by such Credit Party) that may otherwise prohibit any
Auction or any other transaction contemplated by this Section. The Auction Manager acting in its capacity as such hereunder shall be entitled to the benefits of the provisions of Article X and Section 11.04(b) mutatis
mutandis as if each reference therein to the “Administrative Agent” were a reference to the Auction Manager, and the Administrative Agent shall cooperate with the Auction Manager as reasonably requested by the Auction Manager in order
to enable it to perform its responsibilities and duties in connection with each Auction. 
 ARTICLE III 

TAXES, YIELD PROTECTION AND ILLEGALITY 
 3.01 Taxes. 
 (a) Payments Free of Taxes; Obligation to Withhold;
Payments on Account of Taxes. 
 (i) Any and all payments by or on account of any obligation of any Credit
Party under any Credit Document shall be made without deduction or withholding for any Taxes, except as required by applicable Laws. If any applicable Laws (as determined in the good faith discretion of the Administrative Agent or any Credit Party,
as applicable) require the deduction or withholding of any Tax from any such payment by the Administrative Agent or a Credit Party, then the Administrative Agent or such Credit Party shall be entitled to make such deduction or withholding, upon the
basis of the information and documentation to be delivered pursuant to subsection (e) below. 
 (ii)
If any Credit Party or the Administrative Agent shall be required by the Internal Revenue Code to withhold or deduct any Taxes, including both United States Federal backup withholding and withholding taxes, from any payment, then (A) the
Administrative Agent shall withhold or make such deductions as are determined by the Administrative Agent to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) the
Administrative Agent shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with the Internal Revenue Code, and (C) to the extent that the withholding or deduction is made on account of
Indemnified Taxes, the sum payable by the applicable Credit Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this
Section 3.01) the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. Each Recipient shall use reasonable efforts to cooperate with the Credit Parties in seeking
a refund of any payment made pursuant to this Section in respect of Taxes that, in the opinion of the independent certified public accountants to the Borrower, were not correctly or legally asserted, unless, in such Recipient’s sole discretion,
such Recipient determines that such cooperation could have an adverse consequence to such Recipient. 

  
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 (iii) If any Credit Party or the Administrative Agent shall be required by
any applicable Laws other than the Internal Revenue Code to withhold or deduct any Taxes from any payment, then (A) such Credit Party or the Administrative Agent, as required by such Laws, shall withhold or make such deductions as are
determined by it, in its good faith discretion, to be required based upon the information and documentation it has received pursuant to subsection (e) below, (B) such Credit Party or the Administrative Agent, to the extent required
by such Laws, shall timely pay the full amount withheld or deducted to the relevant Governmental Authority in accordance with such Laws, and (C) to the extent that the withholding or deduction is made on account of Indemnified Taxes, the sum
payable by the applicable Credit Party shall be increased as necessary so that after any required withholding or the making of all required deductions (including deductions applicable to additional sums payable under this Section 3.01)
the applicable Recipient receives an amount equal to the sum it would have received had no such withholding or deduction been made. 
 (b) Payment of Other Taxes by the Borrower. Without limiting the provisions of subsection (a) above, the Credit Parties shall timely pay to the relevant Governmental Authority in
accordance with applicable law, or at the option of the Administrative Agent timely reimburse it for the payment of, any Other Taxes. 
 (c) Tax Indemnifications. 
 (i) Each of the Credit Parties
shall, and does hereby, jointly and severally indemnify each Recipient, and shall make payment in respect thereof within ten (10) days after written demand therefor (accompanied by any supporting documentation received from the taxing authority
imposing such Indemnified Taxes, except to the extent the applicable Recipient deems such information to be confidential), for the full amount of any Indemnified Taxes (including Indemnified Taxes imposed or asserted on or attributable to amounts
payable under this Section 3.01) payable or paid by such Recipient or required to be withheld or deducted from a payment to such Recipient, and any penalties, interest and 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; provided, however, that no payment shall be required that would duplicate a payment made pursuant to subsection
(a) above. A certificate as to the amount of such payment or liability delivered to the Borrower by a Lender or the L/C Issuer (with a copy to the Administrative Agent), or by the Administrative Agent on its own behalf or on behalf of a
Lender or the L/C Issuer, shall be conclusive absent manifest error. Each of the Credit Parties shall, and does hereby, jointly and severally indemnify the Administrative Agent, and shall make payment in respect thereof within ten (10) days
after demand therefor, for any amount which a Lender or the L/C Issuer for any reason fails to pay indefeasibly to the Administrative Agent as required pursuant to Section 3.01(c)(ii) below. 

(ii) Each Lender and the L/C Issuer shall, and does hereby, severally indemnify, and shall make payment in respect thereof
within ten (10) days after demand therefor, (A) the Administrative Agent against any Indemnified Taxes attributable to such Lender or the L/C Issuer (but only to the extent that any Credit Party has not already indemnified the
Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Credit Parties to do so), (B) the Administrative Agent and the Credit Parties, as applicable, against any Taxes attributable to such Lender’s
failure to comply with the provisions of Section 11.06(d) relating to the maintenance of a Participant Register and (C) the Administrative Agent and the Credit Parties, as applicable, against any Excluded Taxes attributable to such
Lender or the L/C Issuer, in each case, that are payable or paid by the Administrative Agent or a Credit Party in connection with any Credit Document, and any reasonable expenses arising therefrom or with respect thereto,

  
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whether or not such Taxes 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. Each Lender and the L/C Issuer hereby authorizes the Administrative Agent to set off and apply any and all amounts at any time owing to such Lender or the L/C Issuer, as the case
may be, under this Credit Agreement or any other Credit Document against any amount due to the Administrative Agent under this clause (ii). 
 (d) Evidence of Payments. Upon request by the Borrower or the Administrative Agent, as the case may be, after any payment of Taxes by the Borrower or by the Administrative Agent to a Governmental
Authority as provided in this Section 3.01, the Borrower shall deliver to the Administrative Agent or the Administrative Agent shall deliver to the Borrower, as the case may be, the original or a certified copy of a receipt issued by
such Governmental Authority evidencing such payment, a copy of any return required by Laws to report such payment or other evidence of such payment reasonably satisfactory to the Borrower or the Administrative Agent, as the case may be. 

(e) Status of Lenders; Tax Documentation. 
 (i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Credit Document shall deliver to the Borrower and the Administrative Agent, at
the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or the Administrative Agent as will permit such payments to be made without
withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other documentation prescribed by applicable law or reasonably requested by the
Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or information reporting requirements. Notwithstanding anything to the contrary in
the preceding two sentences, the completion, execution and submission of such documentation (other than such documentation set forth in Section 3.01(e)(ii)(A), (ii)(B) and (ii)(D) below) shall not be required if in the
Lender’s reasonable judgment such completion, execution or submission would subject such Lender to any material unreimbursed cost or expense or would materially prejudice the legal or commercial position of such Lender. 

(ii) Without limiting the generality of the foregoing, in the event that the Borrower is a U.S. Person, 

(A) any Lender that is a U.S. Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on
which such Lender becomes a Lender under this Credit Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of IRS Form W-9 certifying that such Lender is exempt from
U.S. federal backup withholding tax; 
 (B) any Foreign Lender shall, to the extent it is legally entitled to do
so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Credit Agreement (and from time to time
thereafter upon the reasonable request of the Borrower or the Administrative Agent), whichever of the following is applicable: 

  
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 (1) in the case of a Foreign Lender claiming the benefits
of an income tax treaty to which the United States is a party (x) with respect to payments of interest under any Credit Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding
Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any other applicable payments under any Credit Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax
pursuant to the “business profits” or “other income” article of such tax treaty; 
 (2)
executed originals of IRS Form W-8ECI; 
 (3) in the case of a Foreign Lender claiming the benefits of the
exemption for portfolio interest under Section 881(c) of the Internal Revenue Code, (x) a certificate substantially in the form of Exhibit 3.01(e)-1 to the effect that such Foreign Lender is not a “bank” within the meaning
of Section 881(c)(3)(A) of the Internal Revenue Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Internal Revenue Code, or a “controlled foreign corporation” described
in Section 881(c)(3)(C) of the Internal Revenue Code (a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS Form W-8BEN; or 

(4) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS
Form W-8ECI, IRS Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit 3.01(e)-2 or Exhibit 3.01(e)-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable;
provided that if the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate
substantially in the form of Exhibit 3.01(e)-4 on behalf of each such direct and indirect partner; 
 (C)
any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender
becomes a Lender under this Credit Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of any other form prescribed by applicable law as a basis for claiming
exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the Borrower or the Administrative Agent to determine the withholding or
deduction required to be made; and 
 (D) if a payment made to a Lender under any Credit Document would be
subject to U.S. federal withholding Tax imposed by FATCA if such Lender were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Internal Revenue Code, as
applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by
applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Internal Revenue Code) and such 

  
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additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under
FATCA and to determine that such Lender has complied with such Lender’s obligations under FATCA or to determine the amount to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any
amendments made to FATCA after the date of this Credit Agreement. 
 (iii) Each Lender agrees that if any form or
certification it previously delivered pursuant to this Section 3.01 expires or becomes obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in
writing of its legal inability to do so. 
 (f) Treatment of Certain Refunds. Unless required by applicable Laws, at no
time shall the Administrative Agent have any obligation to file for or otherwise pursue on behalf of a Lender or the L/C Issuer, or have any obligation to pay to any Lender or the L/C Issuer, any refund of Taxes withheld or deducted from funds paid
for the account of such Lender or the L/C Issuer, as the case may be. If any Recipient determines, in its sole discretion exercised in good faith, that it has received a refund (including any application thereof to another amount owed to the
refunding Governmental Authority) of any Taxes as to which it has been indemnified by any Credit Party or with respect to which any Credit Party has paid additional amounts pursuant to this Section 3.01, it shall pay to the Credit Party
an amount equal to such refund (including any application thereof to another amount owed to the refunding Governmental Authority) (but only to the extent of indemnity payments made, or additional amounts paid, by a Credit Party under this
Section 3.01 with respect to the Taxes giving rise to such refund), net of all reasonable out-of-pocket expenses (including Taxes) incurred by such Recipient, and without interest (other than any interest paid by the relevant
Governmental Authority with respect to such refund), provided that the Credit Party, upon the request of the Recipient, agrees to repay the amount paid over to the Credit Party (plus any penalties, interest or other charges imposed by the
relevant Governmental Authority) to the Recipient in the event the Recipient is required to repay such refund (including any application thereof to another amount owed to the refunding Governmental Authority) to such Governmental Authority.
Notwithstanding anything to the contrary in this subsection, in no event will the applicable Recipient be required to pay any amount to the Credit Party pursuant to this subsection the payment of which would place the Recipient in a less favorable
net after-Tax position than such Recipient would have been in if the Tax subject to indemnification and giving rise to such refund had not been deducted, withheld or otherwise imposed and the indemnification payments or additional amounts with
respect to such Tax had never been paid. This subsection shall not be construed to require any Recipient to make available its tax returns (or any other information relating to its taxes that it deems confidential) to any Credit Party or any other
Person. 
 (g) Survival. Each party’s obligations under this Section 3.01 shall survive the resignation
or replacement of the Administrative Agent or any assignment of rights by, or the replacement of, a Lender or the L/C Issuer, the termination of the Aggregate Revolving Commitments and the repayment, satisfaction or discharge of all other
Obligations. 
 3.02 Illegality. 
 If any Lender determines that any Law has made it unlawful, or that any Governmental Authority has asserted that it is unlawful, for any Lender or its applicable Lending Office to make, maintain or fund
Loans whose interest is determined by reference to the Eurodollar Rate, or to determine or charge interest rates based upon the Eurodollar Rate, or any Governmental Authority has imposed material restrictions on the authority of such Lender to
purchase or sell, or to take deposits of, Dollars in the London interbank 

  
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market, then, on notice thereof by such Lender to the Borrower through the Administrative Agent, (i) any obligation of such Lender to make or continue Eurodollar Rate Loans or to convert
Base Rate Loans to Eurodollar Rate Loans shall be suspended and (ii) if such notice asserts the illegality of such Lender making or maintaining Base Rate Loans the interest rate on which is determined by reference to the Eurodollar Rate
component of the Base Rate, the interest rate on which Base Rate Loans of such Lender, shall, if necessary to avoid such illegality, be determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate, in
each case until such Lender notifies the Administrative Agent and the Borrower that the circumstances giving rise to such determination no longer exist. Upon receipt of such notice, (x) the Borrower shall, upon demand from such Lender (with a
copy to the Administrative Agent), prepay or, if applicable, convert all of such Lender’s Eurodollar Rate Loans to Base Rate Loans (the interest rate on which Base Rate Loans of such Lender shall, if necessary to avoid such illegality, be
determined by the Administrative Agent without reference to the Eurodollar Rate component of the Base Rate), either on the last day of the Interest Period therefor, if such Lender may lawfully continue to maintain such Eurodollar Rate Loans to such
day, or immediately, if such Lender may not lawfully continue to maintain such Eurodollar Rate Loans and (y) if such notice asserts the illegality of such Lender determining or charging interest rates based upon the Eurodollar Rate, the
Administrative Agent shall during the period of such suspension compute the Base Rate applicable to such Lender without reference to the Eurodollar Rate component thereof until the Administrative Agent is advised in writing by such Lender that it is
no longer illegal for such Lender to determine or charge interest rates based upon the Eurodollar Rate. Upon any such prepayment or conversion, the Borrower shall also pay accrued interest on the amount so prepaid or converted. 

3.03 Inability to Determine Rates. 
 If the Required Lenders determine that for any reason in connection with any request for a Eurodollar Rate Loan or a conversion to or continuation thereof that (a) Dollar deposits are not being
offered to banks in the London interbank eurodollar market for the applicable amount and Interest Period of such Eurodollar Rate Loan, (b) adequate and reasonable means do not exist for determining the Eurodollar Base Rate for any requested
Interest Period with respect to a proposed Eurodollar Rate Loan or in connection with an existing or proposed Base Rate Loan, or (c) the Eurodollar Base Rate for any requested Interest Period with respect to a proposed Eurodollar Rate Loan does
not adequately and fairly reflect the cost to such Lenders of funding such Loan, the Administrative Agent will promptly notify the Borrower and each Lender. Thereafter, (x) the obligation of the Lenders to make or maintain Eurodollar Rate Loans
shall be suspended and (y) in the event of a determination described in the preceding sentence with respect to the Eurodollar Rate component of the Base Rate, the utilization of the Eurodollar Rate component in determining the Base Rate shall
be suspended, in each case until the Administrative Agent (upon the instruction of the Required Lenders) revokes such notice. Upon receipt of such notice, the Borrower may revoke any pending request for a Borrowing of, conversion to or continuation
of Eurodollar Rate Loans or, failing that, will be deemed to have converted such request into a request for a Borrowing of Base Rate Loans in the amount specified therein. 
 3.04 Increased Costs. 
 (a) Increased Costs
Generally. If any Change in Law shall: 
 (i) impose, modify or deem applicable any reserve, special deposit,
compulsory loan, insurance charge or similar requirement against assets of, deposits with or for the account of, or credit extended or participated in by, any Lender (except any reserve requirement reflected in the Eurodollar Rate) or the L/C
Issuer; 

  
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 (ii) subject any Recipient to any Taxes (other than (A) Indemnified
Taxes, (B) Taxes described in clauses (b) through (d) of the definition of Excluded Taxes and (C) Connection Income Taxes) on its loans, loan principal, letters of credit, commitments, or other obligations, or its deposits,
reserves, other liabilities or capital attributable thereto; or 
 (iii) impose on any Lender or the L/C Issuer
or the London interbank market any other condition, cost or expense affecting this Credit Agreement or Eurodollar Rate Loans made by such Lender or any Letter of Credit or participation therein; 

and the result of any of the foregoing shall be to increase the cost to such Lender of making, converting to or continuing or maintaining any Loan the
interest on which is determined by reference to the Eurodollar Rate (or of maintaining its obligation to make any such Loan), or to increase the cost to such Lender or the L/C Issuer of participating in, issuing or maintaining any Letter of Credit
(or of maintaining its obligation to participate in or to issue any Letter of Credit), or to reduce the amount of any sum received or receivable by such Lender or the L/C Issuer hereunder (whether of principal, interest or any other amount) then,
upon request of such Lender or the L/C Issuer, the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer, as the case may be, for such additional
costs incurred or reduction suffered. 
 (b) Capital Requirements. If any Lender or the L/C Issuer
determines that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital or liquidity requirements has or would have the
effect of materially reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Credit Agreement, the
Commitments of such Lender or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level materially below that which such Lender or the L/C Issuer or such
Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s
holding company with respect to capital adequacy) by a cost or an amount the Lender deems material, then from time to time the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will
compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered. 
 (c) Certificates for Reimbursement. A certificate of a Lender or the L/C Issuer setting forth the amount or amounts necessary to compensate such Lender or the L/C Issuer or its holding company, as
the case may be, as specified in subsection (a) or (b) of this Section and delivered to the Borrower shall be conclusive absent manifest error. The Borrower shall pay such Lender or the L/C Issuer, as the case may be, the
amount shown as due on any such certificate within ten (10) days after receipt thereof. 
 (d) Delay in
Requests. Failure or delay on the part of any Lender or the L/C Issuer to demand compensation pursuant to the foregoing provisions of this Section shall not constitute a waiver of such Lender’s or the L/C Issuer’s right to demand such
compensation, provided that the Borrower shall not be required to compensate a Lender or the L/C Issuer pursuant to the foregoing provisions of this Section for any increased costs incurred or reductions suffered more than six (6) months
prior to the date that such Lender or the L/C Issuer, as the case may be, notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s or the L/C Issuer’s intention to claim compensation
therefor (except that, if the Change in Law giving rise to such increased costs or reductions is retroactive, then the six-month period referred to above shall be extended to include the period of retroactive effect thereof). 

  
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 (e) Notwithstanding any other provision of this Section, no Lender or L/C
Issuer shall demand compensation for any increased cost or reduction pursuant to this Section 3.04 if it shall not at the time be the general policy or practice of such Lender or L/C Issuer to demand such compensation from borrowers
similarly situated in similar circumstances under comparable provisions of other credit agreements. 
 3.05 Compensation
for Losses. 
 Upon demand of any Lender (with a copy to the Administrative Agent) from time to time, the Borrower shall
promptly compensate such Lender for and hold such Lender harmless from any loss, cost or expense incurred by it as a result of: 
 (a) any continuation, conversion, payment or prepayment of any Eurodollar Rate Loan on a day other than the last day of the Interest Period for such Loan (whether voluntary, mandatory, automatic, by
reason of acceleration, or otherwise); 
 (b) any failure by the Borrower (for a reason other than the failure of
such Lender to make a Loan) to prepay, borrow, continue or convert any Eurodollar Rate Loan on the date or in the amount notified by the Borrower; or 
 (c) any assignment of a Eurodollar Rate Loan on a day other than the last day of the Interest Period therefor as a result of a request by the Borrower pursuant to Section 11.13; 

including any loss or expense arising from the liquidation or reemployment of funds obtained by it, excluding any loss of anticipated profits, to
maintain such Loan or from fees payable to terminate the deposits from which such funds were obtained. The Borrower shall also pay any customary administrative fees charged by such Lender in connection with the foregoing. 

For purposes of calculating amounts payable by the Borrower to the Lenders under this Section 3.05, each Lender shall be
deemed to have funded each Eurodollar Rate Loan made by it at the Eurodollar Base Rate used in determining the Eurodollar Rate for such Loan by a matching deposit or other borrowing in the London interbank eurodollar market for a comparable amount
and for a comparable period, whether or not such Eurodollar Rate Loan was in fact so funded. 
 3.06 Mitigation
Obligations; Replacement of Lenders. 
 (a) Designation of a Different Lending Office. If any
Lender requests compensation under Section 3.04, or the Borrower is required to pay any Indemnified Taxes or additional amounts to any Lender, the L/C Issuer, or any Governmental Authority for the account of any Lender or the L/C Issuer
pursuant to Section 3.01, or if any Lender gives a notice pursuant to Section 3.02, then such Lender or the L/C Issuer, as applicable, shall use reasonable efforts to designate a different Lending Office for funding or
booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such Lender or the L/C Issuer, as applicable, such designation or assignment (i) would
eliminate or reduce amounts payable pursuant to Section 3.01 or 3.04, as the case may be, in the future, or eliminate the need for the notice pursuant to Section 3.02, as applicable, and (ii) in each

  
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case, would not subject such Lender or the L/C Issuer, as the case may be, to any unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender or the L/C Issuer, as the
case may be. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender or the L/C Issuer in connection with any such designation or assignment. 

(b) Replacement of Lenders. If any Lender requests compensation under Section 3.04, or if the Borrower
is required to pay any Indemnified Taxes or additional amounts to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, and, in each case, such Lender is unable to designate a different lending
office in accordance with Section 3.06(a), the Borrower may replace such Lender in accordance with Section 11.13. 
 3.07 Survival. 
 All of the Credit Parties’ obligations under
this Article III shall survive termination of the Aggregate Revolving Commitments, repayment of all other Obligations hereunder, and resignation of the Administrative Agent. 

ARTICLE IV  
 GUARANTY 
 4.01 The Guaranty. 

Each of the Guarantors hereby jointly and severally guarantees to each Swap Contract Provider, each Treasury Management Bank, the
Administrative Agent and each Lender as hereinafter provided, as primary obligor and not as surety, the prompt payment of the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash
Collateralization or otherwise) strictly in accordance with the terms thereof. The Guarantors hereby further agree that if any of the Obligations are not paid in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration,
as a mandatory Cash Collateralization or otherwise), the Guarantors will, jointly and severally, promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the
Obligations, the same will be promptly paid in full when due (whether at extended maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise) in accordance with the terms of such extension or renewal.

 Notwithstanding any provision to the contrary contained herein or in any other of the Credit Documents, Swap Contracts or
Treasury Management Agreements, the obligations of each Guarantor under this Credit Agreement and the other Credit Documents shall not exceed an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance
under applicable Debtor Relief Laws. 
 4.02 Obligations Unconditional. 

The obligations of the Guarantors under Section 4.01 are joint and several, absolute and unconditional, irrespective of the
value, genuineness, validity, regularity or enforceability of any of the Credit Documents, any Swap Contracts or Treasury Management Agreements or any other documents relating to the Obligations, or any substitution, release, impairment or exchange
of any other guarantee of 

  
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or security for any of the Obligations, and, to the fullest extent permitted by applicable Laws, irrespective of any other circumstance whatsoever which might otherwise constitute a legal or
equitable discharge or defense of a surety or guarantor (other than a payment in full of all outstanding Obligations, unless such any payment with respect to such Obligations is rescinded or must be otherwise restored by any holder of the
Obligations), it being the intent of this Section 4.02 that the obligations of the Guarantors hereunder shall be absolute and unconditional under any and all circumstances. Each Guarantor agrees that such Guarantor shall have no right of
subrogation, indemnity, reimbursement or contribution against the Borrower or any other Guarantor for amounts paid under this Article IV until such time as the Obligations have been paid in full and the Commitments have expired or
terminated. Without limiting the generality of the foregoing, it is agreed that, to the fullest extent permitted by Law, the occurrence of any one (1) or more of the following shall not alter or impair the liability of any Guarantor hereunder,
which shall remain absolute and unconditional as described above: 
 (a) at any time or from time to time,
without notice to any Guarantor, the time for any performance of or compliance with any of the Obligations shall be extended, or such performance or compliance shall be waived; 

(b) any of the acts mentioned in any of the provisions of any of the Credit Documents, any Swap Contract between any
Credit Party and any Swap Contract Provider or any Treasury Management Agreement between any Credit Party and any Treasury Management Bank, or any other agreement or instrument expressly incorporated by reference in the Credit Documents, such Swap
Contracts or such Treasury Management Agreements shall be done or omitted; 
 (c) the maturity of any of the
Obligations shall be accelerated, or any of the Obligations shall be modified, supplemented or amended in any respect, or any right under any of the Credit Documents, any Swap Contract between any Credit Party and any Swap Contract Provider or any
Treasury Management Agreement between any Credit Party and any Treasury Management Bank, or any other agreement or instrument expressly incorporated by reference in the Credit Documents, such Swap Contracts or such Treasury Management Agreements
shall be waived or any other guarantee of any of the Obligations or any security therefor shall be released, impaired or exchanged in whole or in part or otherwise dealt with; 

(d) any Lien granted to, or in favor of, the Administrative Agent or any other holder of the Obligations as security for
any of the Obligations shall fail to attach or be perfected; or 
 (e) any of the Obligations shall be determined
to be void or voidable (including, without limitation, for the benefit of any creditor of any Guarantor) or shall be subordinated to the claims of any Person (including, without limitation, any creditor of any Guarantor). 

With respect to its obligations hereunder, each Guarantor hereby expressly waives diligence, presentment, demand of payment, protest and
all notices whatsoever, and any requirement that the Administrative Agent or any other holder of the Obligations exhaust any right, power or remedy or proceed against any Person under any of the Credit Documents, any Swap Contract between any Credit
Party and any Swap Contract Provider or any Treasury Management Agreement between any Credit Party and any Treasury Management Bank, or any other agreement or instrument expressly incorporated by reference in the Credit Documents, such Swap
Contracts or such Treasury Management Agreements, or against any other Person under any other guarantee of, or security for, any of the Obligations. 

  
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 4.03 Reinstatement. 

The obligations of the Guarantors under this Article IV shall be automatically reinstated if and to the extent that for any
reason any payment by or on behalf of any Person in respect of the Obligations is rescinded or must be otherwise restored by any holder of any of the Obligations, whether as a result of any Debtor Relief Law or otherwise, and each Guarantor agrees
that it will indemnify the Administrative Agent and each other holder of the Obligations on demand for all reasonable costs and expenses (including, without limitation, the fees, charges and disbursements of counsel) incurred by the Administrative
Agent or such holder of the Obligations in connection with such rescission or restoration, including any such costs and expenses incurred in defending against any claim alleging that such payment constituted a preference, fraudulent transfer or
similar payment under any Debtor Relief Law. 
 4.04 Certain Additional Waivers. 

Each Guarantor further agrees that such Guarantor shall have no right of recourse to security for the Obligations, except through the
exercise of rights of subrogation pursuant to Section 4.02 and through the exercise of rights of contribution pursuant to Section 4.06. 
 4.05 Remedies. 
 The Guarantors agree that, to the fullest extent
permitted by Law, as between the Guarantors, on the one hand, and the Administrative Agent and the other holders of the Obligations, on the other hand, the Obligations may be declared to be forthwith due and payable as specified in
Section 9.02 (and shall be deemed to have become automatically due and payable in the circumstances specified in said Section 9.02) for purposes of Section 4.01 notwithstanding any stay, injunction or other
prohibition preventing such declaration (or preventing the Obligations from becoming automatically due and payable) as against any other Person and that, in the event of such declaration (or the Obligations being deemed to have become automatically
due and payable), the Obligations (whether or not due and payable by any other Person) shall forthwith become due and payable by the Guarantors for purposes of Section 4.01. The Guarantors acknowledge and agree that their obligations
hereunder are secured in accordance with the terms of the Security Documents and that the holders of the Obligations may exercise their remedies thereunder in accordance with the terms thereof. 

4.06 Rights of Contribution. 
 The Guarantors agree among themselves that, in connection with payments made hereunder, each Guarantor shall have contribution rights against the other Guarantors as permitted under applicable Laws. Such
contribution rights shall be subordinate and subject in right of payment to the obligations of such Guarantors under the Credit Documents and no Guarantor shall exercise such rights of contribution until all Obligations have been paid in full and
the Commitments have terminated. 
 4.07 Guarantee of Payment; Continuing Guarantee. 

The guarantee in this Article IV is a guaranty of payment and not of collection, is a continuing guarantee, and shall apply to
all Obligations whenever arising. 

  
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 ARTICLE V 
 CONDITIONS PRECEDENT TO CREDIT EXTENSIONS 
 5.01 Conditions of
Effectiveness. 
 This Credit Agreement shall become effective upon, and the obligation of each Lender to make the
initial Loans is subject to, the satisfaction of the following conditions precedent: 
 (a) Execution of
Credit Agreement and Credit Documents. Receipt of (i) multiple counterparts of this Credit Agreement, (ii) multiple counterparts of the Pledge Agreement, and (iii) for the account of each Lender requesting a promissory note, a
Note, in each case (A) executed by a duly authorized officer of each party thereto, (B) conforming to the requirements of this Credit Agreement and (C) to the extent requested by a Lender. 

(b) Legal Opinion. Receipt of a New York counsel legal opinion and, to the extent requested by the Administrative
Agent, applicable local counsel opinions relating to this Credit Agreement and the other Credit Documents and the transactions contemplated herein and therein, in form and substance reasonably acceptable to the Administrative Agent, which opinions
shall include, without limitation, (i) an opinion that the execution, delivery and performance of the Credit Documents and the performance of the transactions contemplated hereby will not conflict with any material Indebtedness of the Credit
Parties or any of the Credit Parties’ organizational documents and (ii) opinions as to perfection of the Liens granted to the Administrative Agent pursuant to the Pledge Agreement. 

(c) Financial Information of Closing Date Acquisition Target. Receipt by the Administrative Agent of the financial
information of the Closing Date Acquisition Target for the six (6) months ended June 30, 2012, in form and substance reasonably satisfactory to the Administrative Agent. 

(d) Corporate Documents. Receipt of the following (or their equivalent) for each Credit Party, each (other than
with respect to clause (iv)) certified by the secretary or assistant secretary of such Credit Party as of the Closing Date to be true and correct and in force and effect pursuant to a certificate substantially in the form attached hereto
as Exhibit 5.01(d): 
 (i) Articles of Incorporation. Copies of the articles of incorporation or
charter documents certified to be true and complete as of a recent date by the appropriate Governmental Authority of the state of its organization. 
 (ii) Resolutions. Copies of resolutions of the board of directors or comparable managing body approving and adopting the respective Credit Documents, the transactions contemplated therein and
authorizing execution and delivery thereof, certified by an officer of such Credit Party (pursuant to a secretary’s certificate in substantially the form of Exhibit 5.01(d) attached hereto) as of the Closing Date to be true and correct
and in force and effect as of such date. 
 (iii) Bylaws. Copies of the bylaws, operating agreement or
partnership agreement certified by a secretary or assistant secretary as of the Closing Date to be true and correct and in force and effect as of such date. 

  
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 (iv) Good Standing. Copies, where applicable, of certificates of good
standing, existence or its equivalent certified as of a recent date by the appropriate Governmental Authorities of the State of organization and each other State in which the failure to so qualify and be in good standing would be reasonably likely
to have a Material Adverse Effect. 
 (v) Incumbency. An incumbency certificate of each Credit Party
certified by a secretary or assistant secretary to be true and correct as of the Closing Date. 
 (e) Personal
Property Collateral. The Administrative Agent shall have received, in form and substance reasonably satisfactory to the Administrative Agent: 
 (i) (A) searches of UCC filings in the jurisdiction of incorporation or formation, as applicable, of the Credit Parties, copies of the financing statements on file in such jurisdictions evidencing that no
Liens exist other than Permitted Liens and (B) tax lien, judgment and pending litigation searches; 
 (ii)
completed UCC financing statements for each appropriate jurisdiction as is necessary to perfect the Administrative Agent’s security interest in the Collateral; 

(iii) stock or membership certificates, if any, evidencing the Equity Interests pledged to the Administrative Agent
pursuant to the Pledge Agreement and duly executed in blank undated stock or transfer powers; and 
 (iv) duly
executed consents as are necessary to perfect the Lenders’ security interest in the Collateral. 
 Notwithstanding the
foregoing, it is understood and agreed that, to the extent any lien search or Pledged Collateral (as defined in the Pledge Agreement) (including the creation or perfection of any security interest therein) is not or cannot be provided and/or
perfected on the Closing Date (other than (x) UCC lien searches in the jurisdiction of organization of the Borrower or any Guarantor, (y) a lien on such Pledged Collateral that may be perfected solely by the filing of a financing statement
under the UCC and (z) the pledge and perfection of the security interests in the Equity Interests of the Borrower and the Guarantors with respect to which a Lien may be perfected on the Closing Date by the delivery of a stock or equivalent
certificate; provided that stock certificates will only be required to be delivered on the Closing Date to the extent received from the Closing Date Acquisition Sellers) after the Borrower uses commercially reasonable efforts to do so or
without undue burden or expense, then the provision of any such lien search and/or provision and/or perfection of a security interest in such Pledged Collateral shall not constitute a condition precedent to obligation of each Lender to make its
initial Credit Extension on the Closing Date, but may instead be delivered within forty-five (45) days (or such longer period as the Administrative Agent may reasonably agree in its discretion) after the Closing Date. 

(f) Fees. Receipt by the Administrative Agent and the Lenders of all fees, if any, then owing pursuant to the Fee
Letters, Section 2.09 or pursuant to any Credit Document and receipt by legal counsel to the Administrative Agent of all reasonable and documented fees, expenses and disbursements required to be paid on or before the Closing Date that
have been invoiced a reasonable period of time prior to the Closing Date. 
 (g) Officer’s
Certificate. Receipt by the Administrative Agent of a certificate of a Responsible Officer of the Borrower as of the Closing Date certifying that after giving effect to 

  
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the Credit Extensions and other transactions contemplated herein, the conditions specified in Sections 5.01(h), 5.01(i)(iii), 

5.01(k), 5.01(m) and 5.02(b)(i) have been satisfied as of the Closing Date. 

(h) Purchase Agreement Representations. The representations and warranties made by the Closing Date Acquisition
Target in the Closing Date Acquisition Purchase Agreement (the “Purchase Agreement Representations”) that are material to the interests of the Lenders shall be true and correct in all material respects on and as of the Closing Date
but only to the extent the Borrower (or any Affiliate of the Borrower) has the right (determined without regard to any notice requirement) to terminate its obligations (or to refuse to consummate the Closing Date Acquisition) under the Closing Date
Acquisition Purchase Agreement as a result of a failure of such representations and warranties to be true and correct; provided, that to the extent that any of the Purchase Agreement Representations made on the Closing Date are qualified by
or subject to a “Material Adverse Effect”, such “Material Adverse Effect” shall be deemed to mean a “Closing Date Material Adverse Effect”. 

(i) Closing Date Acquisition. 

(i) Receipt by the Administrative Agent of reasonably satisfactory evidence that the Closing Date Acquisition shall have
been consummated in material compliance with the terms and provisions of the Closing Date Acquisition Purchase Agreement. 
 (ii) The Closing Date Acquisition Purchase Agreement shall be in form and substance reasonably acceptable to the Joint Lead Arrangers. 

(iii) Receipt by the Administrative Agent of a copy, certified by a Responsible Officer of the Borrower as true and
complete in all material respects, of the Closing Date Purchase Agreement, including all schedules and exhibits thereto, which Closing Date Acquisition Purchase Agreement shall not have been altered, amended or otherwise changed or supplemented or
any condition therein waived in any manner that is materially adverse to the Lenders without the consent of the Joint Lead Arrangers (such consent not to be unreasonably withheld, conditioned or delayed) (it being understood and agreed for purposes
of this Section 5.01(i) that any increase to the purchase price shall be deemed to be materially adverse to the Lenders; provided, however, that any increase in the purchase price shall not be materially adverse to the
Lenders so long as such increase is funded by proceeds from Revolving Loans, Term Loans, equity issuances or the Borrower’s cash on hand). 
 (j) Payment Instructions. Receipt by the Administrative Agent of payment instructions with respect to each wire transfer to be made by the Administrative Agent on behalf of the Lenders or the
Borrower on the Closing Date setting forth the amount of such transfer, the purpose of such transfer, the name and number of the account to which such transfer is to be made, the name and ABA number of the bank or other financial institution where
such account is located and the name and telephone number of an individual that can be contacted to confirm receipt of such transfer. 
 (k) No Closing Date Material Adverse Effect. There shall not have occurred since December 31, 2011 any event or condition that has had or would be reasonably expected, either individually or
in the aggregate, to have a Closing Date Material Adverse Effect with respect to the Closing Date Acquisition Target. 

  
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 (l) Existing Indebtedness. All of the existing Indebtedness of the
Borrower and its Subsidiaries under the Existing Credit Agreement (other than the Existing Letters of Credit) shall be repaid in full and terminated and all security interests and Liens (other than Permitted Liens) related thereto (if any) shall be
terminated on the Closing Date. 
 (m) Consents. The Administrative Agent shall have received evidence
that all necessary governmental consents and approvals, if any, in connection with the financings and other transactions contemplated hereby have been received. 
 (n) Solvency Certificate. The Administrative Agent shall have received an officer’s certificate for the Credit Parties prepared by the chief financial officer of the Borrower in substantially
the form of Exhibit 5.01(n). 
 (o) “Know Your Customer” and Patriot Act
Information. Receipt by the Administrative Agent or any Lender of all documentation and other information that the Administrative Agent or such Lender shall have reasonably requested at least five (5) Business Days) prior to the Closing
Date in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering laws and regulations, including the Patriot Act. 
 Without limiting the generality of the provisions of the last paragraph of Section 10.03, for purposes of determining compliance with the conditions specified in this Section 5.01,
each Lender that has signed this Credit Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory
to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto. 
 5.02 Conditions to all Credit Extensions. 
 (a) The obligation of
each Lender to honor any Request for Credit Extension (other than the initial Request for Credit Extension on the Closing Date) is subject to the following conditions precedent: 

(i) Representations and Warranties. The representations and warranties made by any Credit Party herein or in any
other Credit Document or which are contained in any certificate furnished at any time under or in connection herewith or therewith shall (i) with respect to representations and warranties that contain a materiality qualification, be true and
correct (after giving effect to such materiality qualification set forth therein) and (ii) with respect to representations and warranties that do not contain a materiality qualification, be true and correct in all material respects, in each
case on and as of the date of such Credit Extension as if made on and as of such date except for any representation or warranty made as of an earlier date, in which case any such representation or warranty shall be true and correct (or true and
correct in all material respects, as applicable) as of such earlier date. 
 (ii) No Default or Event of
Default. No Default or Event of Default shall have occurred and be continuing on such date or after giving effect to the Credit Extension to be made on such date. 

(iii) Outstanding Amounts. Immediately after giving effect to the Credit Extension to be made on such date (and the
application of the proceeds thereof), (i) the Total Revolving Outstandings at such time shall not exceed the Aggregate Revolving Commitments, (ii) the L/C Obligations shall not exceed the Letter of Credit Sublimit and (iii) the
outstanding Swingline Loans shall not exceed the Swingline Sublimit. 

  
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 (iv) Request for Credit Extension. The Administrative Agent and, if
applicable, the L/C Issuer or the Swingline Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. 
 (b) The obligation of each Lender to honor the initial Request for Credit Extension on the Closing Date is subject to the following conditions precedent: 

(i) Representations and Warranties. The representations and warranties made by any Credit Party in Sections
6.03(a) (as to valid existence), 6.03(b) (as to corporate power and authority), 6.04(a), 6.04(c), 6.05(a), 6.05(b)(i), 6.10, 6.16, 6.18, 6.19 and 6.20 shall (i) with
respect to representations and warranties that contain a materiality qualification, be true and correct (after giving effect to such materiality qualification set forth therein) and (ii) with respect to representations and warranties that do
not contain a materiality qualification, be true and correct in all material respects, in each case on and as of the date of such Credit Extension as if made on and as of such date except for any representation or warranty made as of an earlier
date, in which case any such representation or warranty shall be true and correct (or true and correct in all material respects, as applicable) as of such earlier date. 

(ii) Outstanding Amounts. Immediately after giving effect to the Credit Extension to be made on such date (and the
application of the proceeds thereof), (i) the Total Revolving Outstandings at such time shall not exceed the Aggregate Revolving Commitments, (ii) the L/C Obligations shall not exceed the Letter of Credit Sublimit and (iii) the
outstanding Swingline Loans shall not exceed the Swingline Sublimit. 
 (iii) Request for Credit
Extension. The Administrative Agent and, if applicable, the L/C Issuer or the Swingline Lender shall have received a Request for Credit Extension in accordance with the requirements hereof. 

(c) Each Request for Credit Extension submitted by the Borrower shall be deemed to be a representation and warranty that the conditions
specified in Sections 5.02(a), (b) and (c) have been satisfied on and as of the date of the applicable Credit Extension. 
 ARTICLE VI 
 REPRESENTATIONS AND WARRANTIES 

To induce the Lenders to enter into this Credit Agreement and to make Credit Extensions herein provided for, each of the Credit Parties
hereby represents and warrants to the Administrative Agent and to each Lender that: 
 6.01 Financial Condition.

 The Borrower has delivered to the Administrative Agent and the Lenders balance sheets and the related statements of income
and of cash flows of the Borrower and its Subsidiaries for the Borrower’s fiscal year ended July 28, 2012 audited by Deloitte & Touche, LLP, certified public accountants. The

  
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financial statements referred to above are, in all material respects, complete and correct and present fairly the consolidated financial condition of the Borrower and its Subsidiaries in
accordance with GAAP as of such dates. All such financial statements, including the related schedules and notes thereto, have been prepared in accordance with GAAP applied consistently throughout the periods involved (except as disclosed therein).

 6.02 No Material Adverse Change. 
 Since July 28, 2012, there has been no development or event which has had or could reasonably be expected to have a Material Adverse Effect. 

6.03 Organization; Existence. 
 Each Credit Party (a) is duly organized, validly existing and in good standing under the laws of the jurisdiction of its organization, (b) has the corporate or other necessary power and
authority, and the legal right to own and operate its property, to lease the property it operates as lessee and to conduct the business in which it is currently engaged, except as would not, in the aggregate, have a Material Adverse Effect and
(c) is duly qualified as a foreign entity and in good standing under the laws of each jurisdiction where its ownership, lease or operation of property or the conduct of its business requires such qualification, other than in such jurisdictions
where the failure to be so qualified and in good standing would not, in the aggregate, have a Material Adverse Effect. 

6.04 Power; Authorization; Enforceable Obligations. 

(a) Each Credit Party has the corporate or other necessary power and authority, and the legal right, to make, deliver and perform the
Credit Documents to which it is a party and has taken all necessary corporate or other action to authorize the execution, delivery and performance by it of the Credit Documents to which it is a party. 

(b) No consent or authorization of, filing with, notice to or other act by or in respect of, any Governmental Authority or any other
Person is required in connection with acceptance of any Credit Extension by the Borrower or the making of the guaranties hereunder or with the execution, delivery or performance of any Credit Documents by the Credit Parties (other than those which
have been obtained) or with the validity or enforceability of any Credit Document against the Credit Parties. 
 (c) Each Credit
Document to which it is a party constitutes a valid and legally binding obligation of each Credit Party enforceable in accordance with its terms, subject to bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and similar laws of
general applicability relating to or affecting creditors’ rights and to general equity principles. 
 6.05
Conflict. 
 The execution, delivery and performance of the Credit Documents, the Borrowings hereunder and the use of
the proceeds of the Loans will not (a) violate any Requirement of Law applicable to the Credit Parties or the Restricted Subsidiaries (except those as to which waivers or consents have been obtained), (b) conflict with, result in a breach
of or constitute a default under (i) the articles of incorporation, bylaws or other organizational documents of such Person, (ii) any material indenture, material agreement or other 

  
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material instrument to which such Person is a party or by which any of its properties may be bound or (iii) any approval of any Governmental Authority relating to such Person, or
(c) result in, or require, the creation or imposition of any Lien (other than Permitted Liens) on any of their respective properties or revenues pursuant to any Requirement of Law. 

6.06 No Material Litigation 
 No claim, litigation, investigation or proceeding of or before any arbitrator or Governmental Authority is pending or, to the best knowledge of the Credit Parties, threatened by or against any Credit
Party or any of its Subsidiaries or against any of their respective properties which (a) relates to the Credit Documents or any of the transactions contemplated hereby or thereby or (b) could reasonably be expected to have a Material
Adverse Effect. 
 6.07 No Default. 
 No Default or Event of Default has occurred and is continuing. 
 6.08
Taxes. 
 Each of the Credit Parties and its Subsidiaries has filed, or caused to be filed, all federal and state
income tax returns and other material tax returns required to be filed and paid (a) all amounts of taxes shown thereon to be due (including interest and penalties) and (b) all other material taxes, fees, assessments and other governmental
charges (including mortgage recording taxes, documentary stamp taxes and intangibles taxes) owing by it, except, in either case, for such taxes (i) which are not yet delinquent or (ii) that are being contested in good faith and by proper
proceedings, and against which adequate reserves are being maintained in accordance with GAAP. Neither any of the Credit Parties nor any of its Subsidiaries are aware as of the Closing Date of any proposed tax assessments against it or any of its
Subsidiaries which could reasonably be expected to have a Material Adverse Effect. 
 6.09 ERISA. 

(a) Each Plan is in compliance in all material respects with the applicable provisions of ERISA, the Internal Revenue Code
and other Federal or state laws, except to the extent that the failure to comply therewith would not reasonably be expected to have a Material Adverse Effect. 
 (b) There are no pending claims, actions or lawsuits, or action by any Governmental Authority, with respect to any Pension Plan that could reasonably be expected to have a Material Adverse Effect.

 (c) Except as would not have a Material Adverse Effect, (i) no ERISA Event has occurred or is reasonably
to occur with respect to any Pension Plan; (ii) as of the most recent valuation date for any Pension Plan, the funding target attainment percentage (as defined in Section 430(d)(2) of the Internal Revenue Code) is 60% or higher;
(iii) neither any Credit Party nor any ERISA Affiliate has incurred any liability to the PBGC other than for the payment of premiums, and there are no premium payments which have become due that are unpaid; (iv) neither any Credit Party
nor any ERISA Affiliate has engaged in a transaction that could be subject to Section 4069 or Section 4212(c) of ERISA; and (v) no Pension Plan has been 

  
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terminated by the PBGC, and no event or circumstance has occurred or exists that could reasonably be expected to cause the PBGC to institute proceedings under Title IV of ERISA to terminate any
Pension Plan. 
 6.10 Governmental Regulations, Etc. 

(a) No part of the proceeds of the Loans hereunder will be used, directly or indirectly, for the purpose of purchasing or
carrying any “margin stock” within the meaning of Regulation U, or for the purpose of purchasing or carrying or trading in any securities. No Indebtedness being reduced or retired out of the proceeds of the Loans hereunder was or will be
incurred for the purpose of purchasing or carrying any margin stock within the meaning of Regulation U or any “margin security” within the meaning of Regulation T. “Margin stock” within the meaning of Regulation U does not
constitute more than twenty-five percent (25%) of the value of the consolidated assets of the Borrower and its Subsidiaries. Neither the execution and delivery hereof by the Borrower, nor the performance by it of any of the transactions
contemplated by this Credit Agreement (including, without limitation, the direct or indirect use of the proceeds of the Loans) will violate or result in a violation of Regulation T, U or X. 

(b) None of the Credit Parties is an “investment company” registered or required to be registered under the
Investment Company Act of 1940, as amended. 
 6.11 Subsidiaries. 

Set forth on Schedule 6.11 is a list of all the Subsidiaries of the Credit Parties, including a list setting forth Material
Domestic Subsidiaries, Material Foreign Subsidiaries, Immaterial Domestic Subsidiaries, Immaterial Foreign Subsidiaries, Immaterial Guarantors and Unrestricted Subsidiaries on the Closing Date, the jurisdiction of their incorporation and the direct
or indirect ownership interest of the Borrower therein. 
 6.12 Use of Proceeds. 

The Credit Extensions will be used solely (a) to refinance certain existing Indebtedness, including the Existing Credit Agreement,
(b) to provide general working capital, (c) for other general corporate purposes and (d) for the Closing Date Acquisition (including expenses incurred in connection therewith) and other Permitted Acquisitions. 

6.13 Compliance with Laws. 
 Each Credit Party and each Subsidiary is in compliance with all Requirements of Law, except to the extent that the failure to comply therewith would not, individually or in the aggregate, reasonably be
expected to have a Material Adverse Effect. 
 6.14 Accuracy and Completeness of Information. 

All written information, other than the Projections (as defined below), which has been made available to the Administrative Agent or the
Lenders by any Credit Party or any Credit Parties’ 

  
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representatives, taken as a whole, in connection with the transactions contemplated hereby is complete and correct in all material respects and does not contain any untrue statement of a material
fact or omit to state a material fact necessary to make the statements contained therein not misleading, in light of the circumstances under which it has been made, and (ii) all financial projections concerning the Borrower and its Subsidiaries
that have been made available to the Administrative Agent or the Lenders by the Borrower and its Subsidiaries or any of their representatives (the “Projections”) have been prepared in good faith based upon assumptions believed in
good faith by the Borrower to be reasonable at the time furnished, it being understood and agreed that the Projections are subject to uncertainty and that there can be no assurances that they will be achieved and that actual results may differ
materially from the Projections. There is no fact now known to any of the Credit Parties which has, or could reasonably be expected to have, a Material Adverse Effect which fact has not been set forth herein, in the financial statements of the
Credit Parties furnished to the Administrative Agent and/or the Lenders, or in any certificate, opinion or other written statement made or furnished by the Credit Parties to the Administrative Agent and/or the Lenders or disclosed in any filing made
by any Credit Party with the SEC. 
 6.15 Environmental Matters. 

(a) Except where such non-compliance or violation or liability would not reasonably be expected to have a Material Adverse
Effect, the facilities and properties owned, leased or operated by any of the Credit Parties and their Subsidiaries (the “Properties”) do not contain any Materials of Environmental Concern in amounts or concentrations which
(i) constitute a violation of, or (ii) have resulted in liability under, any Environmental Law. 
 (b)
Except where such non-compliance or violation would not reasonably be expected to have a Material Adverse Effect, and to the best knowledge of the Credit Parties with respect to Properties that are leased, the Properties and all operations of the
Credit Parties and their Subsidiaries at the Properties are in compliance, and have in the last three (3) years been in compliance, with all applicable Environmental Laws. 

(c) Except where such non-compliance, violation or liability would not reasonably be expected to have a Material Adverse
Effect, none of the Credit Parties or any of its Subsidiaries has received any written notice of, or otherwise become aware of, any violation, alleged violation, non-compliance, liability or potential liability regarding environmental matters or
compliance with Environmental Laws with regard to any of the Properties or the business operated by any of the Credit Parties for which any of the Credit Parties has liability (the “Business”). 

(d) Except where such violation or liability would not reasonably be expected to have a Material Adverse Effect, Materials
of Environmental Concern have not been transported or disposed of from the Properties in violation of, or in a manner or to a location which has given rise to liability under any Environmental Law, nor have any Materials of Environmental Concern
been generated, treated, stored or disposed of at, on or under any of the Properties in violation of, or in a manner that has given rise to liability under, any applicable Environmental Law. 

(e) Except as would not reasonably be expected to have a Material Adverse Effect, no judicial proceeding or governmental
or administrative action is pending or, to the knowledge of any Credit Party, threatened, under any Environmental Law to which any of the Credit Parties is or would reasonably be expected to be named as a party with respect to the Properties or the
Business, nor are there any consent decrees or other decrees, consent orders, administrative orders or other orders, or other administrative or judicial directives outstanding under any Environmental Law with respect to the Properties or the
Business. 

  
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 (f) Except where such violation or remediation would not reasonably be
expected to have a Material Adverse Effect, there has been no release or threat of release of Materials of Environmental Concern at or from the Properties, or arising from or related to the operations of any of the Credit Parties in connection with
the Properties or otherwise in connection with the Business, in violation of or in amounts or in a manner requiring remediation under Environmental Laws. 
 6.16 Solvency. 
 The amount of “fair saleable value” of the
assets of the Credit Parties, on a consolidated basis, exceeds (i) the value of all liabilities of the Credit Parties, on a consolidated basis, including contingent and other liabilities, and (ii) the amount that will be required to pay
the probable liabilities of the Credit Parties, on a consolidated basis, on their existing debts (including contingent liabilities) as such debts become absolute and matured. The Credit Parties, on a consolidated basis, (a) do not have an
unreasonably small amount of capital for the operation of the businesses in which they are engaged or (b) are able to pay their liabilities, including contingent and other liabilities, as they mature. For purposes of this Section,
(x) “not have an unreasonably small amount of capital for the operation of the businesses in which it is engaged or proposed to be engaged” and “able to pay its liabilities, including contingent and other liabilities, as they
mature” means that the Credit Parties, on a consolidated basis, will be able to generate enough cash from operations, asset dispositions or refinancing, or a combination thereof, to meet its obligations as they become due, and (y) the
amount of any contingent liability has been computed as the amount that, in light of all of the facts and circumstances existing as of the date hereof, represents the amount that can reasonably be expected to become an actual or matured liability.

 6.17 Insurance. 
 As of the date hereof, the present insurance coverage of the Credit Parties and the Restricted Subsidiaries complies with the requirements set forth in Section 7.05. 

6.18 Foreign Assets Control Regulations, Etc. 
 Neither any Credit Party nor any of its Subsidiaries is an “enemy” or an “ally of the enemy” within the meaning of Section 2 of the Trading with the Enemy Act of the United States
of America (50 U.S.C. App. §§ 1 et seq.) (the “Trading with the Enemy Act”), as amended. Neither any Credit Party nor any or its Subsidiaries is in violation of (a) the Trading with the Enemy Act, as amended,
(b) any of the foreign assets control regulations of the United States Treasury Department (31 CFR, Subtitle B, Chapter V, as amended) or any enabling legislation or executive order relating thereto or (c) the Patriot Act. None of the
Credit Parties (i) is a blocked person described in Section 1 of Executive Order 13224 or (ii) to the best of its knowledge, engages in any dealings or transactions, or is otherwise associated, with any such blocked person.

  
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 6.19 Compliance with OFAC Rules and Regulations. 

(a) None of the Credit Parties or their Subsidiaries is in violation of or has violated any of the country or list based
economic and trade sanctions administered and enforced by OFAC that are described or referenced at http://www.ustreas.gov/offices/enforcement/ofac/ or as otherwise published from time to time. 

(b) None of the Credit Parties or their Subsidiaries (i) is a Sanctioned Person or a Sanctioned Entity, (ii) has
more than ten percent (10%) of its assets located in Sanctioned Entities, or (iii) derives more than ten percent (10%) of its operating income from investments in, or transactions with Sanctioned Persons or Sanctioned Entities. The
proceeds of any Loan will not be used and have not been used to fund any operations in, finance any investments or activities in or make any payments to, a Sanctioned Person or a Sanctioned Entity. 

6.20 Security Documents. 
 The Security Documents create valid security interests in, and Liens on, the Collateral purported to be covered thereby. Except as set forth in the Security Documents, upon the filing of appropriate
financing statements with the Secretary of State of the state of incorporation or organization for each Credit Party and the Administrative Agent obtaining control or possession (in the State of New York, with respected to certificated securities)
over those items of Collateral in which a security interest is perfected through control or possession, the Administrative Agent shall have perfected security interests and Liens in the Collateral, prior to all other Liens other than Permitted
Liens. 
 ARTICLE VII 
 AFFIRMATIVE COVENANTS 
 The Credit Parties covenant and agree that on the
Closing Date, and so long as this Credit Agreement is in effect and until the Commitments have been terminated, no Loans remain outstanding and all amounts owing hereunder or under any other Credit Document (other than indemnification obligations
which survive the termination of this Credit Agreement) have been paid in full, the Credit Parties shall, and shall cause each Restricted Subsidiary to: 
 7.01 Financial Statements. 
 Furnish, or cause to be furnished, to
the Administrative Agent for the benefit of the Lenders: 
 (a) Audited Financial Statements. As soon as
available, but in any event within ninety (90) days after the end of each fiscal year of the Borrower (commencing with the fiscal year ending July 27, 2013), a consolidated balance sheet of the Borrower and its Subsidiaries as of the end
of the fiscal year and the related consolidated statements of income, retained earnings, shareholders’ equity and cash flows for the year, audited by an independent certified public accounting firm of nationally recognized standing, setting
forth in each case in comparative form the figures for the previous year, reported without a “going concern” or like qualification or exception, or qualification indicating that the scope of the audit was inadequate to permit such
independent certified public accountants to certify such financial statements without such 

  
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qualification. In the event the footnotes to the financial statements delivered pursuant to this Section 7.01(a) do not include a schedule providing a break-out of the Borrower and
the Guarantors in form and substance reasonably satisfactory to the Administrative Agent, such schedule, which shall be in form and substance reasonably satisfactory to the Administrative Agent, shall be provided to the Administrative Agent.

 (b) Company-Prepared Financial Statements. As soon as available, but in any event within forty-five
(45) days after the end of each of the first three (3) fiscal quarters of the Borrower (commencing with the fiscal quarter ending January 26, 2013), a company-prepared consolidated balance sheet of the Borrower and its Subsidiaries as
of the end of the quarter and related company-prepared consolidated statements of income for such quarterly period and for the fiscal year to date and cash flows for the fiscal year to date; in each case setting forth in comparative form the
consolidated figures for the corresponding period or periods of the preceding fiscal year or the portion of the fiscal year ending with such period, as applicable, in each case subject to normal recurring year-end adjustments. In the event the
footnotes to the financial statements delivered pursuant to this Section 7.01(b) do not include a schedule providing a break-out of the Borrower and the Guarantors, in form and substance reasonably satisfactory to the Administrative
Agent, such schedule, which shall be in form and substance reasonably satisfactory to the Administrative Agent, shall be provided to the Administrative Agent. 
 (c) Annual Operating Budget. As soon as available, but in any event within sixty (60) days after the end of each fiscal year of the Borrower, a copy of a detailed annual operating budget of
the Borrower and its Subsidiaries for the next four (4) fiscal quarter period prepared on a quarterly basis, in form and substance reasonably satisfactory to the Administrative Agent, together with a summary of the material assumptions made in
the preparation of such annual budget. The annual operating budget delivered pursuant to this Section 7.01(c) shall be accompanied by a schedule providing, in form and substance reasonably satisfactory to the Administrative Agent, a
break-out of the Borrower and the Guarantors taken as a whole. 
 All such financial statements shall be complete and correct in
all material respects (subject, in the case of interim statements, to normal recurring year-end adjustments) and shall be prepared in reasonable detail and in accordance with GAAP applied consistently throughout the periods reflected therein and
further accompanied by a description of, and an estimation of the effect on the financial statements on account of, a change in the application of accounting principles as provided in Section 1.03. 

7.02 Certificates; Other Information. 
 Furnish, or cause to be furnished, to the Administrative Agent for distribution to the Lenders: 
 (a) Accountant’s Certificate and Reports. Concurrently with the delivery of the financial statements referred to in Section 7.01(a) above, a certificate of the independent
certified public accountants reporting on such financial statements stating that in making the examination necessary therefor no knowledge was obtained of any Default or Event of Default relating to financial or accounting matters or violations of
Section 7.07, except as specified in such certificate. 
 (b) Officer’s
Certificate. Concurrently with the delivery of the financial statements referred to in Sections 7.01(a) and 7.01(b) above, a certificate of a Responsible Officer, delivered to the Administrative Agent at its credit contact
address, with a copy to the Administrative Agent at its syndication agency services address, in each case as set forth in Section 11.02 (which 

  
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delivery may, unless the Administrative Agent, or a Lender requests executed originals, be by electronic communication including fax or email and shall be deemed to be an original authentic
counterpart thereof for all purposes), stating that, to the best of such Responsible Officer’s knowledge and belief, (i) the financial statements fairly present in all material respects the financial condition of the parties covered by
such financial statements, (ii) during such period each Credit Party has observed or performed its covenants and other agreements hereunder and under the other Credit Documents, and satisfied the conditions contained in this Credit Agreement to
be observed, performed or satisfied by it (except to the extent waived in accordance with the provisions hereof) and (iii) such Responsible Officer has obtained no knowledge of any Default or Event of Default except as specified in such
certificate. Such certificate shall include (i) the calculations required to indicate compliance with Section 7.07 as of the last day of the period covered by such financial statements and (ii) solely with respect to the
certificate delivered in connection with Section 7.01(a), an updated Schedule 6.11 as of the most recently ended fiscal quarter of the Borrower. A form of Compliance Certificate is attached as Exhibit 7.02(b);
provided that the Borrower shall deliver an updated Schedule 6.11 each time a Guarantor is required to be added pursuant to Section 7.09 or is released from its obligations in a transaction permitted by this Credit
Agreement. 
 (c) Public Information. Promptly after the same are sent, copies of all reports (other than
those otherwise provided pursuant to Section 7.01 or accessible to the public via www.sec.gov or any successor or other website maintained by the SEC) and other financial information which any Credit Party sends to its public
stockholders, and promptly upon written request after the same are filed, copies of all financial statements and non-confidential reports which any Credit Party may make to, or file with, the SEC. 

(d) Permitted Acquisition Report. Where the total consideration, including, without limitation, assumed
Indebtedness, Earn Out Obligations and any other deferred payments (the “Total Consideration”) for such Permitted Acquisition is expected to exceed $100,000,000: 

(i) not less than five (5) Business Days prior to the consummation of such Permitted Acquisition, a reasonably
detailed description of the material terms of (A) such Permitted Acquisition (including, without limitation, the purchase price and method and structure of payment) and (B) each Target; 

(ii) (A) if the Total Consideration is expected to be greater than $100,000,000 but less than $200,000,000, not less
than five (5) Business Days prior to the consummation of such Permitted Acquisition, audited financial statements (or, if unavailable, management-prepared financial statements) of the Target for its most recent fiscal year and unaudited
year-to-date statements through the most recently prepared fiscal quarter and (B) if the Total Consideration is expected to be greater than or equal to $200,000,000, (I) not later than the date and time required by the SEC for delivery of
such audited financial statements of the Target, audited financial statements of the Target for its most recent fiscal year prepared by a nationally recognized independent certified public accountants or by independent certified public accountants
reasonably acceptable to the Administrative Agent and unaudited fiscal year-to-date statements for the most recent fiscal quarter or (II) if the audited or unaudited financial statements of the Target referenced in clause (I) are
unavailable five (5) Business Days prior to the consummation of such Permitted Acquisition, not less than five (5) Business Days prior to the consummation of such Permitted Acquisition, unaudited financial statements of the Target and its
Subsidiaries, certified by the chief executive officer, chief financial officer, treasurer or controller of the Target to the effect that such statements are fairly stated in 

  
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all material respects when considered in relation to the consolidated financial statements of the Target and its Subsidiaries, subject only to normal year-end audit adjustments and the absence of
footnotes; 
 (iii) if the Total Consideration is expected to be greater than $200,000,000, consolidated
projected income statements of the Borrower and its consolidated Subsidiaries (giving effect to such Permitted Acquisition and the consolidation with the Borrower of each relevant Target) for the three (3)-year period following the consummation of
such Permitted Acquisition, in reasonable detail, together with any appropriate statement of assumptions and pro forma adjustments reasonably acceptable to the Administrative Agent; and 

(iv) a certificate, in form and substance reasonably satisfactory to the Administrative Agent, executed by a Responsible
Officer of the Borrower (A) setting forth the best good faith estimate of the Total Consideration to be paid for each Target, (B) certifying that (y) such Permitted Acquisition complies with the requirements of this Credit Agreement
and (z) after giving effect to such Permitted Acquisition and any borrowings in connection therewith, the Borrower believes in good faith that it will have sufficient availability under the Aggregate Revolving Commitments to meet its ongoing
working capital requirements and (C) demonstrating compliance with clauses (b) and (d) of the definition of the Permitted Acquisition. 

(e) Regulation U Certificate. Upon the request of any Lender or the Administrative Agent, a certificate in
conformity with the requirements of FR Form U-1 referred to in Regulation U, signed by a Responsible Officer, stating that no part of the proceeds of the Loans under this Credit Agreement will be used, directly or indirectly, for the purpose of
purchasing or carrying any “margin stock” within the meaning of Regulation U, or for the purpose of purchasing or carrying or trading in any securities. 

(f) Other Information. Promptly, such additional financial and other information as the Administrative Agent, at
the request of any Lender, may from time to time reasonably request. 
 Documents required to be delivered pursuant to
Section 7.01(a) or (b) or Section 7.02(c) (to the extent any such documents are included in materials otherwise filed with the SEC) may be delivered electronically and if so delivered, shall be deemed to have been
delivered on the date (i) on which the Borrower posts such documents, or provides a link thereto on the Borrower’s website on the Internet at the website address listed on Schedule 11.02; or (ii) on which such documents are
posted on the Borrower’s behalf on an Internet or intranet website, if any, to which each Lender and the Administrative Agent have access (whether a commercial, third-party website or whether sponsored by the Administrative Agent);
provided that: (i) the Borrower shall deliver paper copies of such documents to the Administrative Agent upon its written request to the Borrower to deliver such paper copies until a written request to cease delivering paper copies is
given by the Administrative Agent and (ii) the Borrower shall notify the Administrative Agent (by facsimile or electronic mail) of the posting of any such documents and provide to the Administrative Agent by electronic mail electronic versions
(i.e., soft copies) of such documents. The Administrative Agent shall have no obligation to request the delivery of or to maintain paper copies of the documents referred to above. 

The Borrower hereby acknowledges that (a) the Administrative Agent and/or the Joint Lead Arrangers may, but shall not be obligated
to, make available to the Lenders and the L/C Issuer materials and/or information provided by or on behalf of the Borrower hereunder (collectively, “Borrower  

  
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Materials”) by posting the Borrower Materials on Debt Domain, IntraLinks, Syndtrak or another similar electronic system (the “Platform”) and (b) certain of the
Lenders (each a “Public Lender”) may have personnel who do not wish to receive MNPI with respect to the Borrower or its Affiliates, or the respective securities of any of the foregoing, and who may be engaged in investment and other
market-related activities with respect to such Persons’ securities. The Borrower hereby agrees that so long as the Borrower is the issuer of any outstanding debt or equity securities that are registered (w) all Borrower Materials that
are to be made available to Public Lenders 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; (x) by marking Borrower
Materials “PUBLIC,” the Borrower shall be deemed to have authorized the Administrative Agent, the Joint Lead Arrangers, the L/C Issuer and the Lenders to treat such Borrower Materials as not containing any MNPI (although it may be
sensitive and proprietary) with respect to the Borrower or its securities for purposes of United States federal and state securities laws (provided, however, that to the extent such Borrower Materials constitute Information, they shall
be treated as set forth in Section 11.07); (y) all Borrower Materials marked “PUBLIC” are permitted to be made available through a portion of the Platform designated “Public Side Information;” and (z) the
Administrative Agent and the Joint Lead Arrangers shall be entitled to treat any Borrower Materials that are not marked “PUBLIC” as being suitable only for posting on a portion of the Platform not designated “Public Side
Information”. Notwithstanding the foregoing, the Borrower shall be under no obligation to mark any Borrower Materials “PUBLIC.” 
 7.03 Notices. 
 Give notice to the Administrative Agent and each
Lender of: 
 (a) Defaults. Promptly (but in any event within two (2) Business Days), after any
Credit Party knows or has reason to know thereof, the occurrence of any Default or Event of Default. 
 (b)
Legal Proceedings. Promptly, any litigation, or any investigation or proceeding (including without limitation, any environmental proceeding) known to a Credit Party, relating to a Credit Party or any of its Subsidiaries which would reasonably
be expected to have a Material Adverse Effect. 
 (c) ERISA. Promptly, (i) the occurrence of (or if a
Responsible Officer determines it is reasonably expected to occur) any Reportable Event with respect to any Plan, a failure to make any required material contribution to a Plan, the creation of any Lien in favor of the PBGC (other than a Permitted
Lien) or a Plan or any withdrawal from, or the termination, Reorganization or Insolvency of, any Multiemployer Plan, that in each case is reasonably likely to have a Material Adverse Effect or (ii) the institution of proceedings or the taking
of any other action by the PBGC or the Borrower or any ERISA Affiliate or any Multiemployer Plan with respect to the withdrawal from, or the terminating, Reorganization or Insolvency of, any Plan, that in each case is reasonably likely to have a
Material Adverse Effect. 
 (d) Other. Promptly, any other development or event which a Responsible
Officer of the Borrower determines is reasonably likely to have a Material Adverse Effect. 
 Each notice pursuant to this
Section 7.03 shall be accompanied by a statement of a Responsible Officer of the Borrower setting forth details of the occurrence referred to therein and stating what action the Borrower proposes to take with respect thereto. 

  
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 7.04 Maintenance of Existence; Compliance with Laws. 

(a) (i) Except as permitted under Section 8.04, preserve, renew and keep in full force and effect the
corporate existence of (A) each of the Credit Parties and (B) each Subsidiary that is not a Credit Party, where such failure to preserve, renew and keep in full force and effect the corporate existence of such Subsidiary could reasonably
be expected to have a Material Adverse Effect and (ii) take all reasonable action to maintain all rights, privileges, licenses and franchises necessary or desirable in the normal conduct of its business other than any such rights, privileges,
licenses and franchises the loss of which would not, in the aggregate, reasonably be expected to have a Material Adverse Effect. 
 (b) Comply with all Requirements of Law (including, without limitation, all Environmental Laws and ERISA) applicable to it except to the extent that failure to comply therewith would not, in the
aggregate, have a Material Adverse Effect. 
 7.05 Maintenance of Property; Insurance. 

Keep all material property useful and necessary in its business in reasonably good working order and condition (ordinary wear and tear
excepted); maintain with financially sound and reputable insurance companies casualty, liability, business interruption and such other insurance (which may include plans of self-insurance) with such coverage and deductibles, and in such amounts as
may be consistent with prudent business practice and in any event consistent with normal industry practice; and furnish to the Administrative Agent, upon written request, full information as to the insurance carried. 

7.06 Inspection of Property; Books and Records; Discussions. 

Keep proper books of records and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law shall
be made of all dealings and transactions in relation to its businesses and activities; and permit, during regular business hours and upon reasonable notice by the Administrative Agent, the Administrative Agent to visit and inspect any of its
properties and examine and make abstracts (including photocopies) from any of its books and records at any reasonable time, and to discuss the business, operations, properties and financial and other condition of the Credit Parties and their
Restricted Subsidiaries with officers and employees of the Credit Parties and their Restricted Subsidiaries and with their independent certified public accountants. The cost of the inspection referred to in the preceding sentence shall be for the
account of the Lenders unless an Event of Default has occurred and is continuing, in which case the cost of such inspection shall be for the account of the Borrower. 
 7.07 Financial Covenants. 
 (a) Consolidated
Leverage Ratio: Maintain a Consolidated Leverage Ratio of the Borrower and its Restricted Subsidiaries, which shall be calculated at the end of each fiscal quarter of the Borrower, of not greater than the ratio set forth below opposite such
period: 
  

			
	 Fiscal Quarters Ending
	  	Maximum Consolidated Leverage Ratio
	 January 26, 2013 through April 26, 2014
	  	3.50:1.00
	 July 26, 2014 through April 25, 2015
	  	3.25:1.00
	 July 25, 2015 and each fiscal quarter thereafter
	  	3.00:1.00

  
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 (b) Consolidated Interest Coverage Ratio. Maintain a Consolidated
Interest Coverage Ratio of the Borrower and its Restricted Subsidiaries, which shall be calculated at the end of each fiscal quarter of the Borrower, of not less than 3.00:1.00. 

7.08 Use of Proceeds. 
 Use the Loans solely for the purposes provided in Section 6.12. 

7.09 Additional Guarantors. 
 (a) Cause (i) each of the Borrower’s Material Domestic Subsidiaries (other than U.S. Foreign Holdcos) that is a Restricted Subsidiary which is not a party to this Credit Agreement, whether newly
formed, after acquired or otherwise existing and (ii) any guarantor of the Senior Subordinated Notes or other Subordinated Indebtedness which is not a party to this Credit Agreement, to promptly become a “Guarantor” hereunder by way
of execution and delivery of a Guarantor Joinder Agreement, together with a secretary’s certificate, an incumbency certificate, resolutions, a good standing certificate, organization documents, a New York legal counsel opinion (with customary
opinions regarding enforceability, no conflicts with Laws or specified agreements of material indebtedness, governmental consents and approvals, status under Investment Company Act of 1940, execution (to the extent governed by New York Law) and
security (attachment and perfection of pledged Equity Interests)) and, with respect to Material Domestic Subsidiaries, a local counsel opinion (with customary existence, power, authority, execution (to the extent governed by local Law), no conflicts
with Laws or organizational documents and governmental consents and approvals). 
 (b) To the extent that the
Borrower’s Immaterial Domestic Subsidiaries (other than Unrestricted Subsidiaries and U.S. Foreign Holdcos) which are not Guarantors collectively own greater than twenty percent (20%) of Consolidated Total Assets, cause one (1) or
more of such Immaterial Domestic Subsidiaries to promptly become a “Guarantor” hereunder by way of execution of a Guarantor Joinder Agreement, together with a secretary’s certificate, an incumbency certificate, resolutions, a good
standing certificate, organization documents and a New York legal counsel opinion (with customary opinions regarding enforceability, no conflicts with Laws or specified agreements of material indebtedness, governmental consents and approvals, status
under Investment Company Act of 1940, execution (to the extent governed by New York Law) and security (attachment and perfection of Equity Interests)), to reduce the Consolidated Total Assets ownership percentage of the remaining Immaterial
Domestic Subsidiaries that are not Guarantors to twenty percent (20%) or below; provided that (i) the Credit Parties may elect to release any Immaterial Domestic Subsidiary as a Guarantor hereunder to the extent the Borrower
delivers to the Administrative Agent a certificate of a Responsible Officer certifying that, after giving effect to such release, the Borrower’s Immaterial Domestic Subsidiaries that are not Guarantors collectively own less than twenty percent
(20%) of Consolidated Total Assets and (ii) it is acknowledged and agreed that upon receipt of such 

  
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certificate, such Immaterial Domestic Subsidiary shall be released as a Guarantor hereunder and the Administrative Agent shall take such action to evidence such release of such Immaterial
Domestic Subsidiary from its Guaranty as is reasonably requested by, and at the expense of, the Credit Parties. 

(c) Notwithstanding anything to the contrary in this Section 7.09, If the Borrower designates any Guarantor as
an Unrestricted Subsidiary in accordance with the terms of the definition of Unrestricted Subsidiary, it is acknowledged and agreed that such Guarantor shall be released from its Guaranty and that the Administrative Agent shall take such action to
evidence such release of such Guarantor from its Guaranty as is reasonably requested by, and at the expense of, the Credit Parties; and 
 7.10 Payment of Taxes. 
 Pay, discharge or otherwise satisfy before
becoming delinquent, all of its federal taxes, state income taxes and other material taxes and any additional costs that are imposed as a result of any failure to so pay, discharge or otherwise satisfy such taxes, except when the amount or validity
of such taxes and costs is currently being contested in good faith by appropriate proceedings and reserves, if applicable, in conformity with GAAP with respect thereto have been provided on the books of the Borrower or its Restricted Subsidiaries,
as the case may be. 
 7.11 Environmental Laws. 

(a) Comply in all material respects with, and take commercially reasonably steps to ensure compliance in all material
respects by all tenants and subtenants, if any, with, all applicable Environmental Laws and obtain and comply in all material respects with and maintain, and take commercially reasonably steps to ensure that all tenants and subtenants obtain and
comply in all material respects with and maintain, any and all licenses, approvals, notifications, registrations or permits required by applicable Environmental Laws except to the extent that failure to do so could not reasonably be expected to have
a Material Adverse Effect; and 
 (b) Conduct and complete all investigations, studies, sampling and testing, and
all remedial, removal and other actions required under Environmental Laws and promptly comply in all material respects with all lawful orders and directives of all Governmental Authorities regarding Environmental Laws except to the extent that the
same are being contested in good faith by appropriate proceedings and the pendency of such proceedings would not reasonably be expected to have a Material Adverse Effect. 
 7.12 Pledged Equity Interests. 
 Cause one hundred percent
(100%) of the Equity Interests in each of its direct or indirect Domestic Subsidiaries (other than U.S. Foreign Holdcos, Unrestricted Subsidiaries, Immaterial Domestic Subsidiaries and direct or indirect Subsidiaries of Foreign Subsidiaries)
and sixty-five percent (65%) (or such greater percentage that, as a result of a Change in Law, could not reasonably be expected to cause the undistributed earnings of such Foreign Subsidiary or U.S. Foreign Holdco, as applicable, as determined
for U.S. federal income tax purposes, to be included in the income of a direct, indirect or constructive shareholder of such Foreign Subsidiary or U.S. Foreign Holdco or otherwise to cause any materially adverse tax consequences to the Borrower or
any Guarantor) of the voting Equity Interests and 

  
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one hundred percent (100%) of the non-voting Equity Interests provided that any Equity Interests constituting “stock entitled to vote” within the meaning of Treasury Regulation
section 1.956-2(c)(2) shall be treated as voting Equity Interests) of its first-tier Foreign Subsidiaries (other than Unrestricted Subsidiaries and Immaterial Foreign Subsidiaries) and its U.S. Foreign Holdcos, in each case to the extent owned by
such Credit Party, to be subject to a first priority, perfected Lien in favor of the Administrative Agent pursuant to the terms and conditions of the Security Documents; provided that the Credit Parties shall not be required to grant or
maintain any such Liens after the Collateral Release Date and the Administrative Agent shall take all action reasonably required to release such Liens, including the delivery to the Borrower of all stock certificates and stock powers held by the
Administrative Agent and the filing of UCC financing termination statements; provided, further, however, if the Borrower’s corporate family rating from Moody’s is downgraded below Baa3 or the Borrower’s corporate
rating from S&P is downgraded below BBB-, or either the Borrower’s corporate family rating from Moody’s or the Borrower’s corporate rating from S&P fails to be in effect, each Credit Party shall grant to the Administrative
Agent the Liens contemplated by this Section 7.12 and shall take all actions required hereunder to reinstate the Liens on Collateral granted pursuant to the Security Documents immediately prior to the Collateral Release Date. In the
event that (a) a Guarantor is designated by the Borrower as an Unrestricted Subsidiary in accordance with the terms of the definition of Unrestricted Subsidiary, (b) any Equity Interests pledged under the Pledge Agreement are Disposed of
in a transaction permitted under this Credit Agreement, (c) any issuer of Equity Interests pledged under the Pledge Agreement is dissolved in compliance with this Credit Agreement or (d) any Pledgor is released, dissolved or the subject of
a merger (in which the Pledgor is not the surviving entity) in a transaction permitted under this Credit Agreement (including, without limitation, pursuant to Section 7.09), the Administrative Agent shall promptly take such actions
reasonably requested by, and at the expense of, the Credit Parties to release the Lien on such Equity Interests or to release such Pledgor, including without limitation the delivery to the Borrower of such Subsidiary’s certificated Equity
Interests and stock powers previously delivered to it, if any, and the filing of a UCC termination statement with respect to any UCC financing statement pertaining to such Equity Interests. 

7.13 Further Assurances. 
 (a) To the extent the Credit Parties are required to pledge any Collateral in accordance with the terms hereof or the Security Documents, upon the reasonable request of the Administrative Agent, promptly
perform or cause to be performed any and all acts and execute or cause to be executed any and all documents for filing under the provisions of the UCC or any other Requirement of Law which are necessary or advisable to maintain in favor of the
Administrative Agent, for the benefit of the Secured Parties, Liens on the Collateral that are duly perfected in accordance with the requirements of, or the obligations of the Credit Parties under, the Credit Documents and all applicable
Requirements of Law. 
 (b) Upon the request of the Administrative Agent, promptly cause to be delivered to the
Administrative Agent a local counsel opinion, in form and substance substantially similar to the local counsel opinions received on the Closing Date pursuant to Section 5.01(b) and otherwise reasonably satisfactory to the Administrative
Agent and at the Credit Parties’ expense, with respect to any Guarantor that has become a Material Domestic Subsidiary since the Closing Date for which the Administrative Agent did not receive a legal opinion on the Closing Date pursuant to
Section 5.01(b). 

  
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ARTICLE VIII 
 NEGATIVE COVENANTS 

The Credit Parties covenant and agree that on the Closing Date, and so long as this Credit Agreement is in effect and until the
Commitments have been terminated, no Loans remain outstanding and all amounts owing hereunder or under any other Credit Document (other than indemnification obligations which survive the termination of this Credit Agreement) have been paid in full:

 8.01 Indebtedness. 
 Each of the Credit Parties will not, nor will it permit any of the Restricted Subsidiaries to, contract, create, incur, assume or permit to exist any Indebtedness, except: 

(a) Indebtedness arising or existing under this Credit Agreement and the other Credit Documents; 

(b) Indebtedness of the Borrower and its Subsidiaries existing as of the Closing Date as referenced in the financial
statements referenced in Section 6.01 (and set out more specifically in Schedule 8.01) hereto and any Permitted Refinancing thereof; 
 (c) Indebtedness of the Borrower and its Restricted Subsidiaries incurred after the Closing Date consisting of Capital Leases or Indebtedness incurred to provide all or a portion of the purchase price or
cost of construction of an asset; provided that (i) such Indebtedness when incurred shall not exceed the purchase price or cost of construction of such asset; (ii) no such Indebtedness shall be refinanced for a principal amount in
excess of the principal balance outstanding thereon at the time of such refinancing plus any reasonable fees, premiums and other financing costs payable in connection therewith; and (iii) the total amount of all such Indebtedness shall
not exceed $50,000,000 at any time outstanding; 
 (d) unsecured intercompany Indebtedness among the Borrower and
its Restricted Subsidiaries, provided that any such Indebtedness shall be fully subordinated to the Obligations hereunder on terms reasonably satisfactory to the Administrative Agent; 

(e) Indebtedness and obligations owing under Swap Contracts entered into in order to manage existing or anticipated
interest rate, exchange rate or commodity price risks and not for speculative purposes; 
 (f) Indebtedness and
obligations of the Credit Parties and the Restricted Subsidiaries owing under documentary letters of credit for the purchase of goods or other merchandise generally; 

(g) Guaranty Obligations in respect of Indebtedness of any Credit Party or any Restricted Subsidiary to the extent such
Indebtedness is permitted to exist or be incurred pursuant to this Section 8.01; 
 (h) obligations
with respect to surety bonds and performance bonds incurred in the ordinary course of business; 
 (i)
Indebtedness of the Credit Parties and the Restricted Subsidiaries not otherwise contemplated in this Section 8.01 in an amount not to exceed $250,000,000 in the aggregate at 

  
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any time outstanding; provided that (i) not more than $125,000,000 shall be Indebtedness other than Subordinated Indebtedness and (ii) not more than $125,000,000 shall be
Indebtedness incurred for any purpose other than to finance the Closing Date Acquisition or to refinance Indebtedness previously incurred to finance the Closing Date Acquisition. 

(j) the Senior Subordinated Notes and any Permitted Refinancing thereof; 

(k) Indebtedness arising from netting services, overdraft protection, cash management obligations and otherwise in
connection with deposit, securities and commodities accounts in the ordinary course of business; 
 (l)
Indebtedness arising from agreements providing for Earn Out Obligations or similar obligations, or from guaranties, surety bonds or performance bonds securing the performance of the Borrower and any Restricted Subsidiary pursuant to such agreements,
in connection with Permitted Acquisitions or dispositions permitted hereunder; 
 (m) Indebtedness consisting of
Investments permitted by clauses (c), (j), (k) and (l) the definition of Permitted Investments; 
 (n) Indebtedness incurred in connection with any Sale and Leaseback Transaction permitted by Section 8.10; 

(o) Indebtedness of any Person that becomes a Subsidiary of the Borrower after the date hereof or assumed in connection
with a Permitted Acquisition, which Indebtedness is existing at the time such Person becomes a Subsidiary of the Borrower or at the time of the Permitted Acquisition and was not incurred solely in contemplation of such Person’s becoming a
Subsidiary or such Permitted Acquisition; and 
 (p) all premiums (if any), interest (including post-petition
interest), fees, expenses, charges and additional or contingent interest on obligations described in the foregoing clauses. 

8.02 Liens. 
 Each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to, contract, create, incur, assume or permit to exist any Lien with respect to any of its property or assets of
any kind (whether real or personal, tangible or intangible), whether now owned or hereafter acquired, except for Permitted Liens. 
 8.03 Nature of Business. 
 Each of the Credit Parties will not, nor
will it permit any of its Restricted Subsidiaries to, alter the character of its business in any material respect from that conducted as of the Closing Date. 
 8.04 Consolidation, Merger, Sale or Purchase of Assets, etc. 
 Each
of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to, 

  
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 (a) dissolve, liquidate or wind up its affairs, sell, transfer, lease or
otherwise dispose of its property or assets except the following, without duplication, shall be expressly permitted: 
 (i) the sale, transfer (including by way of license), lease or other disposition of inventory, materials, tools, property, equipment, software and intellectual property, whether now owned or hereafter
acquired, in the ordinary course of business (including , without limitation, Dispositions of vehicles for purposes of fleet maintenance that are substantially consistent with the Credit Parties’ past practices and that are in the ordinary
course of business), including any of the foregoing with an Unrestricted Subsidiary (subject to Section 8.06); 
 (ii) the sale, lease, transfer or other disposition of obsolete or worn-out property or assets, whether now owned or hereafter acquired, in the ordinary course of business; 

(iii) the sale, transfer or other disposition of cash and Cash Equivalents for fair market value; 

(iv) Dispositions of accounts receivable in connection with the collection or compromise thereof in the ordinary course of
business; 
 (v) licenses, sublicenses, leases or subleases granted to others not interfering in any material
respect with the business of the Borrower and its Subsidiaries; 
 (vi) the disposition of property or assets as
a direct result of a Recovery Event; 
 (vii) (A) the sale, lease or transfer (including by way of license) of
property or assets between Credit Parties, (B) the sale, lease or transfer (including by way of license) of other property or assets between (1) any Credit Party and any Restricted Subsidiary in an aggregate amount not to exceed
$50,000,000 during the term of this Credit Agreement and (2) subject to Section 8.06, any Credit Party or any Restricted Subsidiary and any Unrestricted Subsidiary in an aggregate amount not to exceed $50,000,000 during the term of
this Credit Agreement, (C) the sale, lease or transfer (including by way of license) of property or assets between Subsidiaries that are not Credit Parties; 

(viii) (A) the sale, lease or transfer (including by way of license) of property or assets not to exceed $50,000,000 in
the aggregate in any fiscal year and (B) the sale lease or transfer (including by way of license) of property or assets not to exceed $35,000,000 during the term of this Credit Agreement; provided, that the aggregate amount of property
or assets sold, leased or transferred (including by way of license) pursuant to the immediately foregoing clauses (A) and (B) shall not exceed $60,000,000 in the aggregate in any fiscal year; 

(ix) the liquidation and/or dissolution of any Immaterial Domestic Subsidiary or any Immaterial Foreign Subsidiary;
provided that the Credit Parties shall remain in compliance with Section 7.09(b) after giving effect to any such liquidation or dissolution; 
 (x) Dispositions and Investments permitted under Section 8.05; and 

  
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 (xi) Dispositions of non-core assets acquired in a Permitted Acquisition;
provided that (A) such Dispositions are completed within eighteen (18) months of such Permitted Acquisition and (B) such non-core assets do not exceed twenty-five percent (25%) of the total tangible assets acquired in such
Permitted Acquisition. 
 provided, that, in the case of clauses (i), (iii) and (vi) above, at least
seventy-five percent (75%) of the consideration received therefor by the Borrower or any such Subsidiary is in the form of cash or Cash Equivalents; or 
 (b) (i) purchase, lease or otherwise acquire (including by way of license), whether in a single transaction or a series of related transactions, the property or assets of any Person (other than
purchases or other acquisitions of inventory, materials, tools, property, equipment, software or intellectual property in the ordinary course of business, including any of the foregoing with an Unrestricted Subsidiary (subject to
Section 8.06), except as otherwise limited or prohibited herein) or (ii) enter into any transaction of merger or consolidation, except, in each case, for (A) Investments or acquisitions permitted pursuant to
Section 8.05, (B) the merger or consolidation of a Credit Party or other Subsidiary with and into another Credit Party (with the Credit Party being the surviving entity), (C) the merger or consolidation of an Unrestricted
Subsidiary with and into any Restricted Subsidiary or another Unrestricted Subsidiary or (D) the merger or consolidation of a Restricted Subsidiary with and into another Restricted Subsidiary. 

8.05 Advances; Investments and Loans. 
 Each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to, make any Investment except for Permitted Investments. 

8.06 Transactions with Affiliates. 
 Except as permitted under this Credit Agreement or among Credit Parties or wholly owned Restricted Subsidiaries, each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries
to, enter into any transaction or series of transactions, whether or not in the ordinary course of business, with any officer, director, shareholder or Affiliate other than on terms and conditions substantially as favorable as would be obtainable in
a comparable arm’s-length transaction with a Person other than an officer, director, shareholder or Affiliate. 
 8.07
Fiscal Year; Organizational Documents; Senior Subordinated Notes. 
 Each of the Credit Parties will not, nor will it
permit any of its Restricted Subsidiaries to, (a) change its fiscal year and (b) amend, modify or change its articles of incorporation (or corporate charter or other similar organizational document) or bylaws (or other similar document) in
any manner materially adverse to the interests of the Lenders without the prior written consent of the Required Lenders; provided that no Credit Party shall (i) except as permitted under Section 8.04, alter its legal
existence or, in one transaction or a series of transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets, (ii) change its state of incorporation or organization, without providing thirty
(30) days prior written notice to the Administrative Agent (or such shorter period as the Administrative Agent may consent to) and without filing (or confirming that the Administrative Agent has filed) such financing statements and amendments
to any previously filed financing statements as the Administrative 

  
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Agent may require or (iii) change its registered legal name, without providing thirty (30) days prior written notice to the Administrative Agent (or such shorter period as the
Administrative Agent may consent to) and without filing (or confirming that the Administrative Agent has filed) such financing statements and amendments to any previously filed financing statements as the Administrative Agent may require.

 Each of the Credit Parties will not, nor will it permit any Subsidiary to, without the prior written consent of the Required
Lenders, amend, modify or permit the amendment or modification of any subordination provision in the Senior Subordinated Notes or any other Subordinated Indebtedness or in any indenture, purchase agreement or other agreement governing the Senior
Subordinated Notes or other Subordinated Indebtedness in any manner adverse to the Lenders. 
 8.08 Limitation on
Restricted Actions. 
 Each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to,
directly or indirectly, create or otherwise cause or suffer to exist or become effective any encumbrance or restriction on the ability of any such Person to (a) pay dividends or make any other distributions to any Credit Party on its Equity
Interests or with respect to any other interest or participation in, or measured by, its profits, (b) pay any Indebtedness or other obligation owed to any Credit Party, (c) make loans or advances to any Credit Party, (d) sell, lease
or transfer any of its properties or assets to any Credit Party, or (e) act as a Guarantor and pledge its assets pursuant to the Credit Documents or any renewals, refinancings, exchanges, refundings or extension thereof, except (in respect of
any of the matters referred to in clauses (a)-(d) above) for such encumbrances or restrictions existing under or by reason of (i) this Credit Agreement or any other Credit Document, (ii) applicable Laws, (iii) any
document or instrument governing Indebtedness incurred pursuant to Sections 8.01(c), (i), (j) or (n); provided that with respect to Indebtedness incurred pursuant to Section 8.01(i) and (j),
any such restriction shall not apply to this Credit Agreement or any other Credit Document or (iv) any Permitted Lien or any document or instrument governing any Permitted Lien; provided that any such restriction contained therein
relates only to the asset or assets subject to such Permitted Lien. 
 8.09 Restricted Payments. 

Each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to, directly or indirectly, declare, order,
make or set apart any sum for or pay any Restricted Payment, except (a) to make dividends payable solely in the same class of Equity Interests of such Person, (b) to make dividends or other distributions payable to any Credit Party
(directly or indirectly through Subsidiaries), (c) subject to the subordination terms thereof, the Borrower may make regularly scheduled interest payments under the Senior Subordinated Notes and other Subordinated Indebtedness; (d) the
repurchase, redemption or other acquisition or retirement for value of any Equity Interests of the Borrower or any Restricted Subsidiary of the Borrower held by any current or former officer, director or employee of the Borrower or any of its
Restricted Subsidiaries pursuant to any equity subscription agreement, stock option agreement, shareholders’ agreement or similar agreement; provided that (i) the aggregate price paid for all such repurchased, redeemed, acquired or
retired Equity Interests may not exceed $5,000,000 in any twelve (12)-month period plus the portion of such amount available but unused from prior twelve (12)-month periods and (ii) such amount in any calendar year may be increased by an
amount not to exceed (A) the net cash proceeds received by the Borrower from the sale of Equity Interests (other than Disqualified Stock) of the Borrower to members of management or directors of the Borrower and its Restricted Subsidiaries that
occurs after the Maturity Date (to the extent such cash proceeds from the sale of such Equity Interests have not otherwise been applied to the payment of Restricted Payments), plus (B) the net

  
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cash proceeds of key man life insurance policies received by the Borrower and its Restricted Subsidiaries after the Maturity Date, less (C) the amount of any Restricted Payments made
pursuant to clauses (ii)(A) and (ii)(B) of this clause (d), (e) the repurchase of Equity Interests deemed to occur (i) upon the exercise of stock options, warrants or other convertible securities to the extent such
Equity Interests represent a portion of the exercise price thereof or (ii) upon the transfer of shares of restricted stock to the Borrower in connection with the payment of withholding tax by the Borrower or a Restricted Subsidiary following a
sale of shares of restricted stock by the holder thereof, (f) so long as no Default or Event of Default has occurred and is continuing or would result therefrom, (i) if the Consolidated Leverage Ratio would be equal to or greater than 2.75
to 1.0 (but less than or equal to the Consolidated Leverage Ratio required at such time under Section 7.07(a)) as of the last fiscal quarter end after giving effect thereto on a Pro Forma Basis, the Borrower may make dividends, repurchase
shares of its Equity Interests and make other Restricted Payments in an aggregate amount not to exceed $100,000,000 for the period from the Closing Date through the Maturity Date and (ii) if the Consolidated Leverage Ratio would be less than
2.75 to 1.0 as of the last fiscal quarter end after giving effect thereto on a Pro Forma Basis, the Borrower may make unlimited dividends, share repurchases and make other Restricted Payments (it being understood and agreed that Restricted Payments
made pursuant to this clause (ii) shall not be included in the calculation of the amount available for Restricted Payments pursuant to the foregoing clause (i)), provided that with respect to this clause (ii), (A) the Credit
Parties would be in compliance with the financial covenants set forth in Section 7.07 as of the last fiscal quarter end and (B) there would exist at least $40,000,000 of unrestricted cash or Cash Equivalents and/or availability
under the Aggregate Revolving Commitments (which the Borrower could borrow without causing an Event of Default). 
 8.10
Sale Leasebacks. 
 Each of the Credit Parties will not, nor will permit any of its Restricted Subsidiaries to, enter
into any Sale and Leaseback Transaction; provided that any of the Credit Parties and the Restricted Subsidiaries will be permitted to enter into Sale and Leaseback Transactions so long as (a) the sale of the property is for fair market
value and otherwise permitted by this Credit Agreement and (b) the rental payments to be made with respect to all such Sale and Leaseback Transactions does not exceed $2,000,000 in the aggregate in any fiscal year. 

8.11 No Further Negative Pledges. 
 Each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to, enter into, assume or become subject to any agreement prohibiting or otherwise restricting the creation or
assumption of any Lien upon its properties or assets, whether now owned or hereafter acquired, or requiring the grant of any security for such obligation if security is given for some other obligation, except (a) pursuant to this Credit
Agreement and the other Credit Documents, (b) pursuant to any document or instrument governing Indebtedness incurred pursuant to Sections 8.01(c), (i), (j) or (n) provided that, (i) with respect
to Indebtedness incurred pursuant to Section 8.01(c), any such restriction contained therein relates only to the asset or assets constructed or acquired in connection therewith and (ii) with respect to Indebtedness incurred pursuant
to Sections 8.01(i), (j) and (n), any such restriction shall not apply to this Credit Agreement or any other Credit Document, and (c) in connection with any Permitted Lien or any document or instrument governing any
Permitted Lien, provided that any such restrictions contained therein relates only to the asset or assets subject to such Permitted Lien. 

  
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 8.12 Capital Expenditures. 

Each of the Credit Parties will not, nor will it permit any of its Restricted Subsidiaries to, make or become legally obligated to
make Consolidated Capital Expenditures (excluding normal replacements and maintenance that are properly charged to current operations), except for Consolidated Capital Expenditures in the ordinary course of business not exceeding, in the aggregate
for the Borrower and its Restricted Subsidiaries, the sum of (i) $100,000,000 during any fiscal year plus (ii) Consolidated Capital Proceeds during such fiscal year plus (iii) $150,000,000 during the period from the
Closing Date through the Maturity Date, provided that the amount set forth in this clause (iii) shall be available only to the extent that there shall exist no Default or Event of Default immediately before and immediately after
giving effect to any proposed expenditure. 
 ARTICLE IX 

EVENTS OF DEFAULT AND REMEDIES 
 9.01 Events of Default. 
 An Event of Default shall exist upon the
occurrence of any of the following specified events (each an “Event of Default”): 
 (a) The
Borrower shall fail to pay any principal on any Loan when due in accordance with the terms hereof; or the Borrower shall fail to reimburse the L/C Issuer for any L/C Obligations when due in accordance with the terms hereof; or the Borrower shall
fail to pay any interest on any Loan or any fee or other amount payable hereunder when due in accordance with the terms hereof and such failure shall continue unremedied for three (3) Business Days (or any Guarantor shall fail to pay on the
Guaranty in respect of any of the foregoing or in respect of any other Guaranty Obligations thereunder within the aforesaid period of time); or 
 (b) Any representation or warranty made or deemed made herein or in any of the other Credit Documents or which is contained in any certificate, document or financial or other statement furnished at any
time under or in connection with this Credit Agreement shall prove to have been incorrect, false or misleading in any material respect on or as of the date made or deemed made; provided however, that if such representation or warranty
is capable of being cured, it shall not constitute an Event of Default unless such representation or warranty continues uncured for a period of ten (10) Business Days following the earlier of a Responsible Officer of the applicable Credit Party
obtaining knowledge thereof or receipt by such Credit Party of a written notice thereof from the Administrative Agent; or 
 (c) (i) Any Credit Party shall fail to perform, comply with or observe any term, covenant or agreement applicable to it contained in Sections 7.03(a), 7.04(a), 7.07 or
7.08 or in Section 8; or (ii) any Credit Party shall fail to perform, comply with or observe any covenant or agreement contained in Section 7.01 and such failure shall continue unremedied for a period of five
(5) Business Days; or (iii) any Credit Party shall fail to comply with any other covenant contained in this Credit Agreement or the other Credit Documents or any other agreement, document or instrument among any Credit Party, the
Administrative Agent and the Lenders or executed by any Credit Party in favor of the Administrative Agent or the Lenders (other than as described in Sections 9.01(a), 9.01(b), 9.01(c)(i) or 9.01(c)(ii) above), and such
failure is capable of cure but continues for thirty (30) days; or 

  
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 (d) Any Credit Party or any of its Restricted Subsidiaries shall
(i) default in any payment of principal of or interest on any Indebtedness (other than as specified in clause (a) above) in a principal amount outstanding of at least $25,000,000 in the aggregate for the Credit Parties and their
Restricted Subsidiaries beyond the period of grace (not to exceed thirty (30) days), if any, provided in the instrument or agreement under which such Indebtedness was created or (ii) default in the observance or performance of any other
agreement or condition relating to any Indebtedness in a principal amount outstanding of at least $25,000,000 in the aggregate for the Credit Parties and their Restricted Subsidiaries 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 beneficiary or beneficiaries of such Indebtedness
(or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required, such Indebtedness to become due or required to be prepaid, repurchased or redeemed prior to its stated
maturity; provided that this clause (d) shall not apply to (x) indebtedness that becomes due as a result of a voluntary sale, transfer or other disposition (including as a result of a casualty or condemnation event) of property or
assets and (y) termination events or similar events pursuant to the terms of any Swap Contract (other than a failure to make a payment required as a result of such termination or similar event); or 

(e) (i) Any Credit Party other than an Immaterial Guarantor shall commence any case, proceeding or other action
(A) under any existing or future Law of any jurisdiction, domestic or foreign, relating to bankruptcy, insolvency, reorganization or relief of debtors, seeking to have an order for relief entered with respect to it, or seeking to adjudicate it
a bankrupt or insolvent, or seeking reorganization, arrangement, adjustment, winding-up, liquidation, dissolution, composition or other relief with respect to it or its debts, or (B) seeking appointment of a receiver, trustee, custodian,
conservator or other similar official for it or for all or any substantial part of its assets, or any Credit Party other than an Immaterial Guarantor shall make a general assignment for the benefit of its creditors; or (ii) there shall be
commenced against any Credit Party other than an Immaterial Guarantor any case, proceeding or other action of a nature referred to in clause (i) above which (A) results in the entry of an order for relief or any such adjudication or
appointment or (B) remains undismissed, undischarged or unbonded for a period of sixty (60) days; or (iii) there shall be commenced against any Credit Party other than an Immaterial Guarantor any case, proceeding or other action
seeking issuance of a warrant of attachment, execution, distraint or similar process against all or any substantial part of its assets which results in the entry of an order for any such relief which shall not have been vacated, discharged, or
stayed or bonded pending appeal within sixty (60) days from the entry thereof; or (iv) any Credit Party other than an Immaterial Guarantor shall take any action in furtherance of, or indicating its consent to, approval of, or acquiescence
in, any of the acts set forth in clauses (i), (ii), or (iii) above; or (v) any Credit Party other than an Immaterial Guarantor shall generally not, or shall be unable to, or shall admit in writing its inability to, pay
its debts as they become due; or 
 (f) One (1) or more judgments or decrees shall be entered against any
Credit Party or any of its Restricted Subsidiaries involving in the aggregate a liability (to the extent not paid when due or covered by insurance) of $25,000,000 or more and all such judgments or decrees shall not have been paid and satisfied,
vacated, discharged, stayed or bonded pending appeal within sixty (60) days from the entry thereof; or 

  
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 (g) An ERISA Event occurs with respect to a Pension Plan which has resulted
or could reasonably be expected to result in liability of one or more Credit Parties under Title IV of ERISA that, together with all other such ERISA Events, if any, could have a Material Adverse Effect; or 

(h) There shall occur a Change of Control; or 

(i) The Guaranty or any provision thereof shall cease to be in full force and effect or any Guarantor or any Person acting
by or on behalf of any Guarantor shall, in writing, purport to revoke, terminate or rescind any Guarantor’s obligations under the Guaranty, except in accordance with the Credit Documents; or 

(j) Any Credit Document (other than those which are ministerial in nature) shall fail to be in full force and effect or to
give the Administrative Agent and/or the Lenders the security interests, liens, rights, powers, priority and privileges purported to be created thereby (except as such documents may be terminated or no longer in force and effect in accordance with
the terms thereof, other than those indemnities and provisions which by their terms shall survive) or, except any Lien shall fail to be a first priority, perfected Lien on a material portion of the Collateral or any Credit Party or any Person acting
by or on behalf of any Credit Party shall, in writing, purport to revoke, terminate or rescind any Obligation, except in accordance with the Credit Documents; or 

(k) The Obligations shall fail to constitute “senior debt,” “designated senior debt” or a
corresponding term under the terms of the Senior Subordinated Notes. 
 9.02 Remedies upon Event of Default.

 If any Event of Default occurs and is continuing, the Administrative Agent shall, at the request of, or may, with the
consent of, the Required Lenders, take any or all of the following actions: 
 (a) declare the commitment of each
Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions to be terminated, whereupon such commitments and obligation shall be terminated; 

(b) declare the unpaid principal amount of all outstanding Loans, all interest accrued and unpaid thereon, and all other
amounts owing or payable hereunder or under any other Credit Document to be immediately due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby expressly waived by the Borrower; 

(c) require that the Borrower Cash Collateralize the L/C Obligations (in an amount equal to the then Outstanding Amount
thereof); and 
 (d) exercise on behalf of itself, the Lenders and the L/C Issuer all rights and remedies
available to it, the Lenders and the L/C Issuer under the Credit Documents or applicable Laws; 
 provided, however, that upon the
occurrence of an actual or deemed entry of an order for relief with respect to the Borrower under the Bankruptcy Code, the obligation of each Lender to make Loans and any obligation of the L/C Issuer to make L/C Credit Extensions shall automatically
terminate, the unpaid principal amount of all outstanding Loans and all interest and other amounts as aforesaid shall 

  
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 automatically become due and payable, and the obligation of the Borrower to Cash Collateralize the L/C
Obligations as aforesaid shall automatically become effective, in each case without further act of the Administrative Agent or any Lender. 
 9.03 Application of Funds. 
 After the exercise of remedies provided
for in Section 9.02 (or after the Loans have automatically become immediately due and payable and the L/C Obligations have automatically been required to be Cash Collateralized as set forth in the proviso to Section 9.02),
any amounts received on account of the Obligations shall be applied by the Administrative Agent in the following order: 

First, to payment of that portion of the Obligations constituting fees, indemnities, expenses and other amounts (including fees,
charges and disbursements of counsel to the Administrative Agent and amounts payable under Article III) payable to the Administrative Agent in its capacity as such; 
 Second, to payment of that portion of the Obligations constituting fees, indemnities and other amounts (other than principal, interest and Letter of Credit Fees) payable to the Lenders and the L/C
Issuer (including fees, charges and disbursements of counsel to the respective Lenders and the L/C Issuer arising under the Credit Documents and amounts payable under Article III), ratably among them in proportion to the respective amounts
described in this clause Second payable to them; 
 Third, to payment of that portion of the Obligations
constituting accrued and unpaid Letter of Credit Fees and interest on the Loans and L/C Borrowings and fees, premiums and scheduled periodic payments, and any interest accrued thereon, due under any Swap Contract between any Credit Party or any
Subsidiary and any Swap Contract Provider, to the extent such Swap Contract is permitted by Section 8.01(e), ratably among the Lenders (and, in the case of such Swap Contracts, Affiliates of Lenders) and the L/C Issuer in proportion to the
respective amounts described in this clause Third held by them;  
 Fourth, to (a) payment of that
portion of the Obligations constituting accrued and unpaid principal of the Loans and L/C Borrowings, (b) payment of breakage, termination or other payments, and any interest accrued thereon, due under any Swap Contract between any Credit Party
and any Swap Contract Provider, to the extent such Swap Contract is permitted by Section 8.01(e), (c) payments of amounts due under any Treasury Management Agreement between any Credit Party and any Treasury Management Bank and
(d) Cash Collateralize that portion of L/C Obligations comprised of the aggregate undrawn amount of Letters of Credit, in proportion to the respective amounts described in this clause Fourth, ratably among the Lenders (and, in the
case of such Swap Contracts and Treasury Management Agreements, Swap Contract Providers or Treasury Management Banks, as applicable) and the L/C Issuer; and 
 Last, the balance, if any, after all of the Obligations have been indefeasibly paid in full, to the Borrower or as otherwise required by Law. 

Subject to Section 2.03(c), amounts used to Cash Collateralize the aggregate undrawn amount of Letters of Credit pursuant to
clause Fourth above shall be applied to satisfy drawings under such Letters of Credit as they occur. If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining
amount shall be applied to the other Obligations, if any, in the order set forth above. 
 Notwithstanding the foregoing,
Obligations arising under Swap Contracts and Treasury Management Agreements may be excluded from the application described above without any liability to 

  
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the Administrative Agent, if the Administrative Agent has not received written notice, together with such supporting documentation as the Administrative Agent may request, from the applicable
Swap Contract Provider or Treasury Management Bank. Each Swap Contract Provider and Treasury Management Bank not a party to this Credit Agreement that has given the notice contemplated by the preceding sentence shall, by such notice, be deemed
to have acknowledged and accepted the appointment of the Administrative Agent pursuant to the terms of Article X for itself and its Affiliates as if a “Lender” party hereto. 

ARTICLE X 

ADMINISTRATIVE AGENT 
 10.01 Appointment and Authority. 
 Each of the Lenders and the L/C
Issuer hereby irrevocably appoints Bank of America to act on its behalf as the Administrative Agent hereunder and under the other Credit Documents and authorizes the Administrative Agent to take such actions on its behalf and to exercise such powers
as are delegated to the Administrative Agent by the terms hereof or thereof, together with such actions and powers as are reasonably incidental thereto. The provisions of this Article are solely for the benefit of the Administrative Agent, the
Lenders and the L/C Issuer, and no Credit Party shall have rights as a third party beneficiary of any of such provisions. It is understood and agreed that the use of the term “agent” herein or in any other Credit Documents (or any other
similar term) with reference to the Administrative Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable Law. Instead such term is used as a matter of market custom,
and is intended to create or reflect only an administrative relationship between contracting parties. 
 The Administrative
Agent shall also act as the “collateral agent” under the Credit Documents, and each of the Lenders (including in its capacities as a Lender, Swingline Lender, Swap Contract Provider and/or Treasury Management Bank, as applicable) and the
L/C Issuer hereby irrevocably appoints and authorizes the Administrative Agent to act as the agent of such Lender and the L/C Issuer for purposes of acquiring, holding and enforcing any and all Liens on Collateral granted by any of the Credit
Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental thereto. In this connection, the Administrative Agent, as “collateral agent” and any co-agents, sub-agents and
attorneys-in-fact appointed by the Administrative Agent pursuant to Section 10.05 for purposes of holding or enforcing any Lien on the Collateral (or any portion thereof) granted under the Security Documents, or for exercising any rights
and remedies thereunder at the direction of the Administrative Agent), shall be entitled to the benefits of all provisions of this Article X and Article XI (including Section 11.04(c), as though such co-agents, sub-agents
and attorneys-in-fact were the “collateral agent” under the Credit Documents) as if set forth in full herein with respect thereto. 
 10.02 Rights as a Lender. 
 The Person serving as the Administrative
Agent hereunder shall have the same rights and powers in its capacity as a Lender as any other Lender and may exercise the same as though it were not the Administrative Agent and the term “Lender” or “Lenders” shall, unless
otherwise expressly indicated or unless the context otherwise requires, include the Person serving as the Administrative Agent hereunder in its individual capacity. Such Person and its Affiliates may accept deposits from, lend money to, own

  
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securities of, act as the financial advisor or in any other advisory capacity for and generally engage in any kind of business with any Credit Party or any Subsidiary or other Affiliate thereof
as if such Person were not the Administrative Agent hereunder and without any duty to account therefor to the Lenders. 

10.03 Exculpatory Provisions. 
 The Administrative Agent shall not have any duties or obligations except those expressly set forth herein and in the other Credit Documents, and its duties hereunder shall be administrative in nature.
Without limiting the generality of the foregoing, the Administrative Agent: 
 (a) shall not be subject to any
fiduciary or other implied duties, regardless of whether a Default has occurred and is continuing; 
 (b) shall
not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Credit Documents that the Administrative Agent is required to exercise as
directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Credit Documents), provided that the Administrative Agent shall not be required to take
any action that, in its opinion or the opinion of its counsel, may expose the Administrative Agent to liability or that is contrary to any Credit Document or applicable Laws, including for the avoidance of doubt any action that may be in violation
of the automatic stay under any Debtor Relief Law or that may effect a forfeiture, modification or termination of property of a Defaulting Lender in violation of any Debtor Relief Law; and 

(c) shall not, except as expressly set forth herein and in the other Credit Documents, have any duty to disclose, and
shall not be liable for the failure to disclose, any information relating to any Credit Party or any of its Affiliates that is communicated to or obtained by the Person serving as the Administrative Agent or any of its Affiliates in any capacity.

 The Administrative Agent shall not be liable for any action taken or not taken by it (i) with the consent or at the
request of the Required Lenders (or such other number or percentage of the Lenders as shall be necessary, or as the Administrative Agent shall believe in good faith shall be necessary, under the circumstances as provided in Sections 11.01 and
9.02) or (ii) in the absence of its own gross negligence or willful misconduct as determined by a court of competent jurisdiction by final and non-appealable judgment. The Administrative Agent shall be deemed not to have knowledge of any
Default unless and until notice describing such Default is given to the Administrative Agent by the Borrower, a Lender or the L/C Issuer. 
 The Administrative Agent shall not be responsible for or have any duty to ascertain or inquire into (i) any statement, warranty or representation made in or in connection with this Credit Agreement
or any other Credit Document, (ii) the contents of any certificate, report or other document delivered hereunder or thereunder or in connection herewith or therewith, (iii) the performance or observance of any of the covenants, agreements
or other terms or conditions set forth herein or therein or the occurrence of any Default, (iv) the validity, enforceability, effectiveness or genuineness of this Credit Agreement, any other Credit Document or any other agreement, instrument or
document, or the creation, perfection or priority of any Lien purported to be created by the Security Documents, (v) the value or the sufficiency of any Collateral, or (vi) the satisfaction of any condition set forth in Article
V or elsewhere herein, other than to confirm receipt of items expressly required to be delivered to the Administrative Agent. 

  
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 10.04 Reliance by Administrative Agent. 

The Administrative Agent shall be entitled to rely upon, and shall not incur any liability for relying upon, any notice, request,
certificate, consent, statement, instrument, document or other writing (including any electronic message, Internet or intranet website posting or other distribution) believed by it to be genuine and to have been signed, sent or otherwise
authenticated by the proper Person. The Administrative Agent also may rely upon any statement made to it orally or by telephone and believed by it to have been made by the proper Person, and shall not incur any liability for relying thereon. In
determining compliance with any condition hereunder to the making of a Loan, or the issuance of a Letter of Credit, that by its terms must be fulfilled to the satisfaction of a Lender or the L/C Issuer, the Administrative Agent may presume that such
condition is satisfactory to such Lender or the L/C Issuer unless the Administrative Agent shall have received notice to the contrary from such Lender or the L/C Issuer prior to the making of such Loan or the issuance, extension, renewal or increase
of such Letter of Credit. The Administrative Agent may consult with legal counsel (who may be counsel for the Credit Parties), independent accountants and other experts selected by it, and shall not be liable for any action taken or not taken by it
in accordance with the advice of any such counsel, accountants or experts. 
 10.05 Delegation of Duties.

 The Administrative Agent may perform any and all of its duties and exercise its rights and powers hereunder or under any
other Credit Document by or through any one (1) or more sub-agents appointed by the Administrative Agent. The Administrative Agent and any such sub-agent may perform any and all of its duties and exercise its rights and powers by or through
their respective Related Parties. The exculpatory provisions of this Article shall apply to any such sub-agent and to the Related Parties of the Administrative Agent and any such sub-agent, and shall apply to their respective activities in
connection with the syndication of the credit facilities provided for herein as well as activities as Administrative Agent. 

10.06 Resignation of Administrative Agent. 

(a) The Administrative Agent may at any time give notice of its resignation to the Lenders, the L/C Issuer and the
Borrower. Upon receipt of any such notice of resignation, the Required Lenders shall have the right, with the consent of the Borrower so long as no Event of Default has occurred and is continuing, which consent shall not be unreasonably withheld or
delayed, 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 thirty (30) days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required Lenders) (the “Resignation Effective Date”),
then the retiring Administrative Agent may (but shall not be obligated to) on behalf of the Lenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been
appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date. 
 (b) If the Person serving as Administrative Agent is a Defaulting Lender pursuant to clause (d) of the definition thereof, the Required Lenders may, to the extent permitted by applicable law,
by notice in writing to the Borrower and such Person remove such Person as Administrative Agent and, with the consent of the Borrower so long as no Event of Default has 

  
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occurred and continues, which consent shall not be unreasonably withheld or delayed, appoint a successor. If no such successor shall have been so appointed by the Required Lenders and shall have
accepted such appointment within thirty (30) days (or such earlier day as shall be agreed by the Required Lenders) (the “Removal Effective Date”), then such removal shall nonetheless become effective in accordance with such
notice on the Removal Effective Date. 
 (c) With effect from the Resignation Effective Date or the Removal
Effective Date (as applicable) (i) the retiring or removed Administrative Agent shall be discharged from its duties and obligations hereunder and under the other Credit Documents (except that in the case of any collateral security held by the
Administrative Agent on behalf of the Lenders or the L/C Issuer under any of the Credit Documents, the retiring or removed Administrative Agent shall continue to hold such collateral security until such time as a successor Administrative Agent is
appointed) and (ii) except for any indemnity payments or other amounts then owed to the retiring or removed Administrative Agent, all payments, communications and determinations provided to be made by, to or through the Administrative Agent
shall instead be made by or to each Lender and the L/C Issuer directly, until such time, if any, as the Required Lenders appoint a successor Administrative Agent as provided for above. Upon the acceptance of a successor’s appointment as
Administrative Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) Administrative Agent (other than as provided in Section 3.01(g) and
other than any rights to indemnity payments or other amounts owed to the retiring or removed Administrative Agent as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed Administrative 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). The fees payable by the Borrower to a successor Administrative Agent
shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or removed Administrative Agent’s resignation or removal hereunder and under the other Credit Documents,
the provisions of this Article and Section 11.04 shall continue in effect for the benefit of such retiring or removed Administrative 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 or removed Administrative Agent was acting as Administrative Agent. 

(d) Any resignation or removal of the Administrative Agent pursuant to this Section shall also constitute its resignation
or removal as L/C Issuer and Swingline Lender. The retiring L/C Issuer shall retain all the rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its
resignation or removal as L/C Issuer and all L/C Obligations with respect thereto, including the right to require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to
Section 2.03(c). The retiring Swingline Lender shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation or
removal, including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04(c). Upon the appointment by the Borrower of a successor L/C Issuer or
Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (a) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer
or Swingline Lender, as applicable, (b) the retiring L/C Issuer and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Credit Documents and (c) the successor L/C Issuer
shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to the retiring L/C Issuer to effectively assume the obligations of the retiring L/C
Issuer with respect to such Letters of Credit. 

  
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 10.07 Non-Reliance on Administrative Agent and Other Lenders. 

Each Lender and the L/C Issuer acknowledges that it has, independently and without reliance upon the Administrative Agent or any other
Lender or any of their Related Parties and based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Credit Agreement. Each Lender and the L/C Issuer also acknowledges that it
will, independently and without reliance upon the Administrative Agent or any other Lender or any of their Related Parties and based on such documents and information as it shall from time to time deem appropriate, continue to make its own decisions
in taking or not taking action under or based upon this Credit Agreement, any other Credit Document or any related agreement or any document furnished hereunder or thereunder. 
 10.08 No Other Duties; Etc. 
 Anything herein to the contrary
notwithstanding, none of the bookrunners, arrangers, syndication agents, co-documentation agents or co-agents shall have any powers, duties or responsibilities under this Credit Agreement or any of the other Credit Documents, except in its capacity,
as applicable, as the Administrative Agent, a Lender or the L/C Issuer hereunder. 
 10.09 Administrative Agent May File
Proofs of Claim. 
 In case of the pendency of any proceeding under any Debtor Relief Law or any other judicial
proceeding relative to any Credit Party, the Administrative Agent (irrespective of whether the principal of any Loan or L/C Obligation shall then be due and payable as herein expressed or by declaration or otherwise and irrespective of whether the
Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise: 
 (a) to file and prove a claim for the whole amount of the principal and interest owing and unpaid in respect of the Loans, L/C Obligations and all other Obligations arising under the Credit Documents that
are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders, the L/C Issuer and the Administrative Agent (including any claim for the reasonable compensation, expenses,
disbursements and advances of the Lenders, the L/C Issuer and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders, the L/C Issuer and the Administrative Agent under Sections 2.03(h) and
(i), 2.09 and 11.04) allowed in such judicial proceeding; and 
 (b) to collect and receive
any monies or other property payable or deliverable on any such claims and to distribute the same; 
 and any custodian, receiver, assignee,
trustee, liquidator, sequestrator or other similar official in any such judicial proceeding is hereby authorized by each Lender and the L/C Issuer to make such payments to the Administrative Agent and, if the Administrative Agent shall consent to
the making of such payments directly to the Lenders and the L/C Issuer, to pay to the Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel,
and any other amounts due the Administrative Agent under Sections 2.09 and 11.04. 

  
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 Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize
or consent to or accept or adopt on behalf of any Lender or the L/C Issuer any plan of reorganization, arrangement, adjustment or composition affecting the Obligations or the rights of any Lender or the L/C Issuer to authorize the Administrative
Agent to vote in respect of the claim of any Lender or the L/C Issuer in any such proceeding. 
 10.10 Collateral and
Guaranty Matters. 
 Without limiting the provisions of Section 10.09, each of the Lenders (including in its
capacities as a potential Swap Contract Provider or Treasury Management Bank) and the L/C Issuer irrevocably authorize the Administrative Agent, at its option and in its discretion, 

(a) to release any Lien on any property granted to or held by the Administrative Agent under any Credit Document
(i) upon termination of the Aggregate Revolving Commitments and payment in full of all Obligations (other than (A) contingent indemnification obligations and (B) any obligations and liabilities under Swap Contracts or Treasury
Management Agreements other than such outstanding obligations then due and payable as to which arrangements satisfactory to the applicable Swap Contract Provider or Treasury Management Bank have not been made) and the expiration or termination of
all Letters of Credit (other than Letters of Credit as to which other arrangements reasonably satisfactory to the Administrative Agent and the L/C Issuer shall have been made), (ii) that is transferred or to be transferred as part of or in
connection with any Disposition permitted hereunder or under any other Credit Document or any Involuntary Disposition, (iii) that is permitted to be released pursuant to Section 7.12 or (iii) as approved in accordance with
Section 11.01; 
 (b) to subordinate any Lien on any property granted to or held by the
Administrative Agent under any Credit Document to the holder of any Lien on such property that is permitted by Section 8.02 and clause (c) in the definition of “Permitted Liens”; and 

(c) to release any Guarantor from its obligations under the Guaranty as a result of a transaction permitted hereunder,
including without limitation if such release is permitted under the terms of Sections 7.09(b) or (c). 
 Upon
request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from
its obligations under the Guaranty, pursuant to this Section 10.10. 
 In each case as specified in this
Section 10.10, the Administrative Agent will execute and deliver to the applicable Credit Party, at the Credit Parties’ sole expense, such documents as such Credit Party may reasonably request in order to evidence the release of
such item of Collateral from the security interest granted under the Security Documents or to subordinate its security interest in such item or to release such Guarantor from its obligations under the Guaranty, as applicable, in each case in
accordance with the terms of this Section 10.10 and the Credit Documents. 
 The Administrative Agent shall not be
responsible for or have a duty to ascertain or inquire into any representation or warranty regarding the existence, value or collectability of the Collateral, the 

  
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existence, priority or perfection of the Administrative Agent’s Lien thereon, or any certificate prepared by any Credit Party in connection therewith, nor shall the Administrative Agent be
responsible or liable to the Lenders for any failure to monitor or maintain any portion of the Collateral. 
 10.11
Secured Treasury Management Agreements and Secured Swap Contracts. 
 No Swap Contract Provider or Treasury Management
Bank that obtains the benefit of the provisions of Section 9.03, the Guaranty or any Collateral by virtue of the provisions hereof or any Collateral Document shall have any right to notice of any action or to consent to, direct or object
to any action hereunder or under any other Credit Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) (or to notice of or to consent to any amendment, waiver or modification of the provisions
hereof or of the Guaranty or any Collateral Document) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Credit Documents. Notwithstanding any other provision of this Article X to the
contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Swap Contracts or Treasury Management Agreements except to the
extent expressly provided herein and unless the Administrative Agent has received written notice of such Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Swap Contract Provider or
Treasury Management Bank. The Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Obligations arising under Swap Contracts or Treasury Management Agreements in
the case of a Maturity Date. 
 ARTICLE XI 
 MISCELLANEOUS 
 11.01 Amendments, Etc. 

No amendment or waiver of any provision of this Credit Agreement or any other Credit Document, and no consent to any departure by any
Credit Party therefrom, shall be effective unless in writing signed by the Required Lenders and the Borrower or the applicable Credit Party, as the case may be, and acknowledged by the Administrative Agent, and each such waiver or consent shall be
effective only in the specific instance and for the specific purpose for which given; provided, further, that 
 (a) no such amendment, waiver or consent shall: 
 (i) extend or
increase the Commitment of a Lender (or reinstate any Commitment terminated pursuant to Section 9.02) without the written consent of such Lender whose Commitment is being extended or increased (it being understood and agreed that a
waiver of any condition precedent set forth in Section 5.02 or of any Default or a mandatory reduction in Commitments is not considered an extension or increase in Commitments of any Lender); 

(ii) postpone any date fixed by this Credit Agreement or any other Credit Document for any payment (excluding mandatory
prepayments) of principal, interest, fees or other amounts due to the Lenders (or any of them) or any scheduled reduction of 

  
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the Commitments hereunder or under any other Credit Document without the written consent of each Lender entitled to receive such payment or whose Commitments are to be reduced; 

(iii) reduce the principal of, or the rate of interest specified herein on, any Loan or L/C Borrowing, or (subject to
clause (i) of the final proviso to this Section 11.01) any fees or other amounts payable hereunder or under any other Credit Document without the written consent of each Lender entitled to receive such amount;
provided, however, that only the consent of the Required Lenders shall be necessary to (A) amend the definition of “Default Rate” or waive any obligation of the Borrower to pay interest or Letter of Credit Fees at the
Default Rate or (B) to amend any financial covenant hereunder (or any defined term used therein) even if the effect of such amendment would be to reduce the rate of interest on any Loan or L/C Borrowing or to reduce any fee payable hereunder;

 (iv) change any provision of this Section 11.01(a) or the definition of “Required
Lenders” without the written consent of each Lender directly affected thereby; 
 (v) release all or
substantially all of the Collateral without the written consent of each Lender whose Obligations are secured by such Collateral; 
 (vi) release the Borrower without the consent of each Lender, or, except in connection with a transaction permitted under Section 8.04, all or substantially all of the value of the Guaranty
without the written consent of each Lender whose Obligations are guarantied thereby, except to the extent such release is permitted pursuant to Section 10.10 (in which case such release may be made by the Administrative Agent acting
alone); or 
 (b) prior to the termination of the Revolving Commitments, unless also signed by Lenders (other
than Defaulting Lenders) holding in the aggregate at least a majority of the Revolving Commitments, no such amendment, waiver or consent shall, (i) waive any Default for purposes of Section 5.02(b), (ii) amend, change, waive,
discharge or terminate Sections 5.02 or 9.01 in a manner adverse to such Lenders or (iii) amend, change, waive, discharge or terminate Section 7.07 (or any defined term used therein) or this
Section 11.01(b); or 
 (c) unless also signed by Lenders (other than Defaulting Lenders) holding in
the aggregate at least a majority of the Outstanding Amount of the Term Loans, no such amendment, waiver or consent shall (i) amend, change, waive, discharge or terminate Section 2.05(b)(iv) so as to alter the manner of application
of proceeds of any mandatory prepayment required by Section 2.05(b)(ii) or (iii), or (ii) amend, change, waive, discharge or terminate this Section 11.01(c); 

(d) unless also signed by the L/C Issuer, no amendment, waiver or consent shall affect the rights or duties of the L/C
Issuer under this Credit Agreement or any Issuer Document relating to any Letter of Credit issued or to be issued by it; 
 (e) unless also signed by the Swingline Lender, no amendment, waiver or consent shall affect the rights or duties of the Swingline Lender under this Credit Agreement; 

  
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 (f) unless also signed by the Administrative Agent, no amendment, waiver or
consent shall affect the rights or duties of the Administrative Agent under this Credit Agreement or any other Credit Document; 
 (g) for the avoidance of doubt and notwithstanding provisions to the contrary in this Section 11.01 or elsewhere in this Credit Agreement, this Credit Agreement may be amended (or amended and
restated) with the written consent of the Credit Parties and the Administrative Agent (and the consent of the Lenders or the Required Lenders shall not be required, other than the consent of any Lenders providing the Incremental Facilities referred
to below) for the purpose of including one (1) or more Incremental Credit Facilities as contemplated in Section 2.01(c) by (i) increasing the Aggregate Revolving Commitments and/or (ii) adding one (1) or more Term
Loans hereunder or otherwise to effect the provisions of Section 2.01(c); 
 provided, however, that
notwithstanding anything to the contrary herein, (i) each of the Fee Letters may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto, (ii) each Lender is entitled to vote as such Lender
sees fit on any bankruptcy reorganization plan that affects the Loans, and each Lender acknowledges that the provisions of Section 1126(c) of the Bankruptcy Code supersedes the unanimous consent provisions set forth herein, (iii) the
Required Lenders shall determine whether or not to allow a Credit Party to use cash collateral in the context of a bankruptcy or insolvency proceeding and such determination shall be binding on all of the Lenders and (iv) any provision of this
Credit Agreement or any other Credit Document may be amended by an agreement in writing entered into between the Borrower and the Administrative Agent for the purpose of curing any ambiguity, omission, defect or inconsistency so long as, in each
case, the Lenders shall have received at least five (5) Business Days’ prior notice thereof and the Administrative Agent shall not have received, within five (5) Business Days of the date of such notice to the Lenders, a written
notice from the Required Lenders stating that the Required Lenders object to such amendment. 
 Notwithstanding anything
to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected
Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except that (x) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (y) any
waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that by its terms affects any Defaulting Lender more adversely than other affected Lenders shall require the consent of such Defaulting Lender.

 11.02 Notices; Effectiveness; Electronic Communications. 

(a) Notices Generally. Except in the case of notices and other communications expressly permitted to be given by
telephone (and except as provided in subsection (b) below), all notices and other communications provided for herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail
or sent by telecopier as follows, and all notices and other communications expressly permitted hereunder to be given by telephone shall be made to the applicable telephone number, as follows: 

(i) if to any Credit Party, the Administrative Agent, the L/C Issuer or the Swingline Lender, to the address, telecopier
number, electronic mail address or telephone number specified for such Person on Schedule 11.02; and 

  
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 (ii) if to any other Lender, to the address, telecopier number, electronic
mail address or telephone number specified in its Administrative Questionnaire (including, as appropriate, notices delivered solely to the Person designated by a Lender on its Administrative Questionnaire then in effect for the delivery of notices
that may contain MNPI relating to the Borrower). 
 Notices and other communications sent by hand or overnight courier service,
or mailed by certified or registered mail, shall be deemed to have been given when received; notices and other communications sent by telecopier shall be deemed to have been given when sent (except that, if not given during normal business hours for
the recipient, shall be deemed to have been given at the opening of business on the next business day for the recipient). Notices and other communications delivered through electronic communications to the extent provided in subsection
(b) below, shall be effective as provided in such subsection (b). 
 (b) Electronic
Communications. Notices and other communications to the Lenders and the L/C Issuer hereunder may be delivered or furnished by electronic communication (including e-mail and Internet or intranet websites) pursuant to procedures approved by the
Administrative Agent, provided that the foregoing shall not apply to notices to any Lender or the L/C Issuer pursuant to Article II if such Lender or the L/C Issuer, as applicable, has notified the Administrative Agent that it is
incapable of receiving notices under such Article by electronic communication. The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to
procedures approved by it, provided that approval of such procedures may be limited to particular notices or communications. 
 Unless the Administrative Agent otherwise prescribes, (i) notices and other communications sent to an e-mail address shall be deemed received upon the sender’s receipt of an acknowledgement from
the intended recipient (such as by the “return receipt requested” function, as available, return e-mail or other written acknowledgement), provided that if such notice or other communication is not sent during the normal business
hours of the recipient, such notice or communication shall be deemed to have been sent at the opening of business on the next business day for the recipient, and (ii) notices or communications posted to an Internet or intranet website shall be
deemed received upon the deemed receipt by the intended recipient at its e-mail address as described in the foregoing clause (i) of notification that such notice or communication is available and identifying the website address therefor.

 (c) The Platform. 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”) have any liability to the Borrower, any Lender, the L/C Issuer 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
that such losses, claims, damages, liabilities or expenses are determined by a court of competent jurisdiction by a final and non-appealable judgment to have resulted from the gross 

  
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negligence or willful misconduct of such Agent Party; provided, however, that in no event shall any Agent Party have any liability to the Borrower, any Lender, the L/C Issuer or any
other Person for indirect, special, incidental, consequential or punitive damages (as opposed to direct or actual damages). 
 (d) Change of Address, Etc. Each of the Borrower, the Administrative Agent, the L/C Issuer and the Swingline Lender may change its address, telecopier or telephone number for notices and other
communications hereunder by notice to the other parties hereto. Each other Lender may change its address, telecopier or telephone number for notices and other communications hereunder by notice to the Borrower, the Administrative Agent, the L/C
Issuer and the Swingline Lender. In addition, each Lender agrees to notify the Administrative Agent from time to time to ensure that the Administrative Agent has on record (i) an effective address, contact name, telephone number, telecopier
number and electronic mail address to which notices and other communications may be sent and (ii) accurate wire instructions for such Lender. Furthermore, each Public Lender agrees to cause at least one (1) individual at or on behalf of
such Public Lender to at all times have selected the “Private Side Information” or similar designation on the content declaration screen of the Platform in order to enable such Public Lender or its delegate, in accordance with such Public
Lender’s compliance procedures and applicable Laws, including United States Federal and state securities laws, to make reference to Borrower Materials that are not made available through the “Public Side Information” portion of the
Platform and that may contain MNPI with respect to the Borrower or its securities for purposes of United States Federal or state securities laws. 
 (e) Reliance by Administrative Agent, L/C Issuer and Lenders. The Administrative Agent, the L/C Issuer and the Lenders shall be entitled to rely and act upon any notices (including
telephonic Loan Notices and Swingline Loan Notices) purportedly given by or on behalf of any Credit Party even if (i) such notices were not made in a manner specified herein, were incomplete or were not preceded or followed by any other form of
notice specified herein, or (ii) the terms thereof, as understood by the recipient, varied from any confirmation thereof. The Credit Parties shall indemnify the Administrative Agent, the L/C Issuer, each Lender and the Related Parties of each
of them from all losses, costs, expenses and liabilities resulting from the reliance by such Person on each notice purportedly given by or on behalf of a Credit Party. All telephonic notices to and other telephonic communications with the
Administrative Agent may be recorded by the Administrative Agent, and each of the parties hereto hereby consents to such recording. 
 11.03 No Waiver; Cumulative Remedies; Enforcement. 
 No failure by
any Lender, the L/C Issuer or the Administrative Agent to exercise, and no delay by any such Person in exercising, any right, remedy, power or privilege hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any
right, remedy, power or privilege hereunder or under any other Credit Document 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, and provided under each other Credit Document are cumulative and not exclusive of any rights, remedies, powers and privileges provided by Law. 
 Notwithstanding anything to the contrary contained herein or in any other Credit Document, the authority to enforce rights and remedies hereunder and under the other Credit Documents against the Credit
Parties or any of them shall be vested exclusively in, and all actions and proceedings at law in connection with such enforcement shall be instituted and maintained exclusively by, the Administrative

  
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Agent in accordance with Section 9.02 for the benefit of all the Lenders and the L/C Issuer; provided, however, that the foregoing shall not prohibit (a) the
Administrative Agent from exercising on its own behalf the rights and remedies that inure to its benefit (solely in its capacity as Administrative Agent) hereunder and under the other Credit Documents, (b) the L/C Issuer or the Swingline Lender
from exercising the rights and remedies that inure to its benefit (solely in its capacity as L/C Issuer or Swingline Lender, as the case may be) hereunder and under the other Credit Documents, (c) any Lender from exercising setoff rights in
accordance with Section 11.08 (subject to the terms of Section 2.13), or (d) any Lender from filing proofs of claim or appearing and filing pleadings on its own behalf during the pendency of a proceeding relative to any
Credit Party under any Debtor Relief Law; and provided, further, that if at any time there is no Person acting as Administrative Agent hereunder and under the other Credit Documents, then (i) the Required Lenders shall have the
rights otherwise ascribed to the Administrative Agent pursuant to Section 9.02 and (ii) in addition to the matters set forth in clauses (b), (c) and (d) of the preceding proviso and subject to
Section 2.13, any Lender may, with the consent of the Required Lenders, enforce any rights and remedies available to it and as authorized by the Required Lenders. 
 11.04 Expenses; Indemnity; and Damage Waiver. 
 (a)
Costs and Expenses. The Credit Parties shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent, its Affiliates and the Joint Lead Arrangers (including the reasonable fees, charges and disbursements of
counsel for the Administrative Agent and the Joint Lead Arrangers), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Credit Agreement and
the other Credit Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses
incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by the Administrative Agent, any Lender or
the L/C Issuer (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the L/C Issuer), and shall pay all fees and time charges for attorneys who may be employees of the Administrative Agent, any
Lender or the L/C Issuer, in connection with the enforcement or protection of its rights (A) in connection with this Credit Agreement and the other Credit Documents, including its rights under this Section, or (B) in connection with the
Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit. 

(b) Indemnification by the Credit Parties. The Credit Parties shall indemnify the Administrative Agent (and any
sub-agent thereof), each Lender and the L/C Issuer, and each Related Party of any of the foregoing Persons (each such Person being called an “Indemnitee”) against, and hold each Indemnitee harmless from, any and all losses, claims,
damages, liabilities and related expenses (including the fees, charges and disbursements of any counsel for any Indemnitee), and shall indemnify and hold harmless each Indemnitee from all fees and time charges and disbursements for attorneys who may
be employees of any Indemnitee, incurred by any Indemnitee or asserted against any Indemnitee by any third party or by any Credit Party arising out of, in connection with, or as a result of (i) the execution or delivery of this Credit
Agreement, any other Credit Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto of their respective obligations hereunder or thereunder or the consummation of the transactions contemplated
hereby or thereby, or, in the case of the Administrative Agent (and any sub-agent thereof) and its Related Parties only, the 

  
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administration of this Credit Agreement and the other Credit Documents (including, without duplication, in respect of any matters addressed in Section 3.01), (ii) any Loan or
Letter of Credit or the use or proposed use of the proceeds therefrom (including any refusal by the L/C Issuer to honor a demand for payment under a Letter of Credit if the documents presented in connection with such demand do not strictly comply
with the terms of such Letter of Credit), (iii) any actual or alleged presence or release of Materials of Environmental Concern on or from any property owned or operated by a Credit Party or any of its Subsidiaries, or any Environmental
Liability related in any way to a Credit Party or any of its Subsidiaries, or (iv) any actual or prospective claim, litigation, investigation or proceeding relating to any of the foregoing, whether based on contract, tort or any other theory,
whether brought by a third party or by any Credit Party, and regardless of whether any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages,
liabilities or related expenses (x) are determined by a court of competent jurisdiction by final and non-appealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee, (y) result from a claim
brought by any Credit Party against an Indemnitee for breach in bad faith of such Indemnitee’s obligations hereunder or under any other Credit Document, if such Credit Party has obtained a final and non-appealable judgment in its favor on such
claim as determined by a court of competent jurisdiction or (z) result from disputes solely among Indemnitees other than any claims against an Indemnitee in its capacity or in fulfilling its role as the Administrative Agent or a Joint Lead
Arranger and other than any claims arising out of any act or omission on the part of the Borrower or any of its affiliates. Without limiting the provisions of Section 3.01(c), this Section 11.04(b) shall not apply with
respect to Taxes other than any Taxes that represent losses, claims, damages, etc. arising from any non-Tax claims. 
 (c) Reimbursement by Lenders. To the extent that the Credit Parties for any reason fail to indefeasibly pay any amount required under subsection (a) or (b) of this Section
to be paid by them to the Administrative Agent (and any sub-agent thereof), the L/C Issuer or any Related Party of any of the foregoing, each Lender severally agrees to pay to the Administrative Agent (and any sub-agent thereof), the L/C Issuer or
such Related Party, as the case may be, such Lender’s Applicable Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount, provided that the unreimbursed expense
or indemnified loss, claim, damage, liability or related expense, as the case may be, was incurred by or asserted against the Administrative Agent (and any sub-agent thereof) or the L/C Issuer in its capacity as such, or against any Related Party of
any of the foregoing acting for the Administrative Agent (and any sub-agent thereof) or L/C Issuer in connection with such capacity. The obligations of the Lenders under this subsection (c) are subject to the provisions of
Section 2.12(d). 
 (d) Waiver of Consequential Damages, Etc. To the fullest extent permitted
by applicable Laws, no party hereto shall assert, and each party hereto hereby waives, any claim against any other party, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages)
arising out of, in connection with, or as a result of, this Credit Agreement, any other Credit Document or any agreement or instrument contemplated hereby, the transactions contemplated hereby or thereby, any Loan or Letter of Credit or the use of
the proceeds thereof. No Indemnitee referred to in subsection (b) above shall be liable for any damages arising from the use by unintended recipients of any information or other materials distributed to such unintended recipients by such
Indemnitee through telecommunications, electronic or other information transmission systems in connection with this Credit Agreement or the other Credit Documents or the transactions contemplated hereby or thereby other than for direct or actual
damages resulting from the gross negligence or willful misconduct of such Indemnitee as determined by a final and non-appealable judgment of a court of competent jurisdiction. 

  
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 (e) Payments. All amounts due under this Section shall be payable not
later than ten (10) Business Days after demand therefor. 
 (f) Survival. The agreements in this
Section and the indemnity provisions of Section 11.02(e) shall survive the resignation of the Administrative Agent, the L/C Issuer and the Swingline Lender, the replacement of any Lender, the termination of the Commitments and the
repayment, satisfaction or discharge of all the other Obligations. 
 11.05 Payments Set Aside. 

To the extent that any payment by or on behalf of any Credit Party is made to the Administrative Agent, the L/C Issuer or any Lender, or
the Administrative Agent, the L/C Issuer or any Lender exercises its right of setoff, and such payment or the proceeds of such setoff or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required
(including pursuant to any settlement entered into by the Administrative Agent, the L/C Issuer or such Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any Debtor Relief Law or
otherwise, then (a) to the extent of such recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made or such setoff had not occurred,
and (b) each Lender and the L/C Issuer severally agrees to pay to the Administrative Agent upon demand its applicable share (without duplication) of any amount so recovered from or repaid by the Administrative Agent, plus interest thereon from
the date of such demand to the date such payment is made at a rate per annum equal to the Federal Funds Rate from time to time in effect. The obligations of the Lenders and the L/C Issuer under clause (b) of the preceding sentence shall
survive the payment in full of the Obligations and the termination of this Credit Agreement. 
 11.06 Successors and
Assigns. 
 (a) Successors and Assigns Generally. The provisions of this Credit Agreement and the
other Credit Documents shall be binding upon and inure to the benefit of the parties hereto and thereto and their respective successors and assigns permitted hereby, except that the Borrower may not assign or otherwise transfer any of its rights or
obligations hereunder or thereunder without the prior written consent of the Administrative Agent and each Lender and no Lender may assign or otherwise transfer any of its rights or obligations hereunder except (i) to an assignee in accordance
with the provisions of subsection (b) of this Section, (ii) by way of participation in accordance with the provisions of subsection (d) of this Section or (iii) by way of pledge or assignment of a security interest
subject to the restrictions of subsection (f) of this Section (and any other attempted assignment or transfer by any party hereto shall be null and void). Nothing in this Credit 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 subsection (d) of this Section and, to the extent expressly contemplated hereby, the
Related Parties of each of the Administrative Agent, the L/C Issuer and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Credit Agreement. 

(b) Assignments by Lenders. Any Lender may at any time assign to one (1) or more assignees all or a portion of
its rights and obligations under this Credit Agreement and the 

  
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other Credit Documents (including all or a portion of its Commitment and the Loans (including for purposes of this subsection (b), participations in L/C Obligations and in
Swingline Loans) at the time owing to it); provided that any such assignment shall be subject to the following conditions: 
 (i) Minimum Amounts. 
 (A) in the case of an assignment of
the entire remaining amount of the assigning Lender’s Commitment and the related Loans at the time owing to it or contemporaneous assignments to related Approved Funds that equal at least the amount specified in subsection (b)(i)(B) of
this Section in the aggregate or in the case of an assignment to a Lender, an Affiliate of a Lender or an Approved Fund, no minimum amount need be assigned; and 

(B) in any case not described in subsection (b)(i)(A) of this Section, the aggregate amount of the Commitment
(which for this purpose includes Loans outstanding thereunder) or, if the Commitment is not then in effect, the principal outstanding balance of the Loans of the assigning Lender subject to each such assignment, determined as of the date the
Assignment and Assumption with respect to such assignment is delivered to the Administrative Agent or, if “Trade Date” is specified in the Assignment and Assumption, as of the Trade Date, shall not be less than $5,000,000, in the case of
any assignment in respect of the revolving credit facility provided hereunder, or $1,000.000, in the case of any assignment in respect of the term loan facility provided hereunder, unless each of the Administrative Agent and, so long as no Event of
Default has occurred and is continuing, the Borrower otherwise consents (each such consent not to be unreasonably withheld or delayed). 
 (ii) Proportionate Amounts. Each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s Loans and Commitments, and rights and obligations with
respect thereto, assigned, except that this clause (ii) shall not (A) apply to the Swingline Lender’s rights and obligations in respect of Swingline Loans or (B) prohibit any Lender from assigning all or a portion of its
rights and obligations in respect of its Revolving Commitment (and the related Revolving Loans thereunder) and its outstanding Term Loans, if any, on a non-pro rata basis; 

(iii) Required Consents. No consent shall be required for any assignment except to the extent required
by subsection (b)(i)(B) of this Section and, in addition: 
 (A) the consent of the Borrower
(such consent not to be unreasonably withheld) shall be required unless (1) an Event of Default has occurred and is continuing at the time of such assignment or (2) such assignment is to a Lender, an Affiliate of a Lender or, in the case
of an assignment of Term Loans, an Approved Fund; provided that the Borrower shall be deemed to have consented to any such assignment unless it shall object thereto by written notice to the Administrative Agent within ten (10) Business
Days after having received notice thereof; 
 (B) the consent of the Administrative Agent (such consent not to
be unreasonably withheld or delayed) shall be required for assignments in respect of (1) any Term Loan Commitment or Revolving Commitment if such 

  
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assignment is to a Person that is not a Lender with a Commitment in respect of the Commitment subject to such assignment, an Affiliate of such Lender or, in the case of an assignment of any Term
Loan Commitment, an Approved Fund with respect to such Lender or (2) any Term Loan to a Person that is not a Lender, an Affiliate of a Lender or an Approved Fund; and 

(C) the consent of the L/C Issuer (such consent not to be unreasonably withheld or delayed) shall be required for any
assignment in respect of Revolving Loans and Revolving Commitments; and 
 (D) the consent of the Swingline
Lender (such consent not to be unreasonably withheld or delayed) shall be required for any assignment in respect of Revolving Loans and Revolving Commitments. 
 (iv) Assignment and Assumption. The parties to each assignment shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee in
the amount of $3,500; provided, however, that the Administrative Agent may, in its sole discretion, elect to waive such processing and recordation fee in the case of any assignment. The assignee, if it shall not be a Lender, shall
deliver to the Administrative Agent an Administrative Questionnaire. 
 (v) No Assignment to Certain
Persons. No such assignment shall be made to (A) the Borrower or any of the Borrower’s Affiliates or Subsidiaries, (B) any Defaulting Lender or any of its Subsidiaries, or any Person who, upon becoming a Lender hereunder, would
constitute any of the foregoing Persons described in this clause (B), or (C) a natural person. 

(vi) Certain Additional Payments. In connection with any assignment of rights and obligations of any Defaulting
Lender hereunder, no such assignment shall be effective unless and until, in addition to the other conditions thereto set forth herein, the parties to the assignment shall make such additional payments to the Administrative Agent in an aggregate
amount sufficient, upon distribution thereof as appropriate (which may be outright payment, purchases by the assignee of participations or subparticipations, or other compensating actions, including funding, with the consent of the Borrower and the
Administrative Agent, the applicable pro rata share of Loans previously requested but not funded by the Defaulting Lender, to each of which the applicable assignee and assignor hereby irrevocably consent), to (x) pay and satisfy in full all
payment liabilities then owed by such Defaulting Lender to the Administrative Agent, the L/C Issuer or any Lender hereunder (and interest accrued thereon) and (y) acquire (and fund as appropriate) its full pro rata share of all Loans and
participations in Letters of Credit and Swingline Loans in accordance with its Applicable Percentage. Notwithstanding the foregoing, in the event that any assignment of rights and obligations of any Defaulting Lender hereunder shall become effective
under applicable Laws without compliance with the provisions of this paragraph, then the assignee of such interest shall be deemed to be a Defaulting Lender for all purposes of this Credit Agreement until such compliance occurs. 

Subject to acceptance and recording thereof by the Administrative Agent pursuant to subsection (c) of this Section, from and after the
effective date specified in each Assignment and Assumption, the assignee thereunder shall be a party to this Credit Agreement and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender
under this Credit Agreement, 

  
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and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Credit Agreement (and, in the case
of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Credit Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 3.01,
3.04, 3.05 and 11.04 with respect to facts and circumstances occurring prior to the effective date of such assignment); provided, that except to the extent otherwise expressly agreed by the affected parties, no assignment
by a Defaulting Lender will constitute a waiver or release of any claim of any party hereunder arising from that Lender’s having been a Defaulting Lender. Upon request, the Borrower (at its expense) shall execute and deliver a Note to the
assignee Lender. Any assignment or transfer by a Lender of rights or obligations under this Credit Agreement that does not comply with this subsection shall be treated for purposes of this Credit Agreement as a sale by such Lender of a participation
in such rights and obligations in accordance with subsection (d) of this Section. 
 (c)
Register. The Administrative Agent, acting solely for this purpose as an agent of the Borrower (and such agency being solely for tax purposes), shall maintain at the Administrative Agent’s Office a copy of each Assignment and Assumption
delivered to it (or the equivalent thereof in electronic form) and a register for the recordation of the names and addresses of the Lenders, and the Commitments of, and principal amounts (and stated interest) of the Loans and L/C Obligations owing
to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive (absent manifest error), and the Borrower, the Administrative Agent and the Lenders may treat each
Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Credit Agreement, notwithstanding notice to the contrary. In addition, the Administrative Agent shall maintain on the Register
information regarding the designation, and revocation of designation, of any Lender as a Defaulting Lender. The Register shall be available for inspection by the Borrower and any Lender at any reasonable time and from time to time upon reasonable
prior notice. 
 (d) Participations. Any Lender may at any time, without the consent of, or notice to, the
Borrower or the Administrative Agent, sell participations to any Person (other than a natural person, a Defaulting Lender or the Borrower or any of the Borrower’s Affiliates or Subsidiaries) (each, a “Participant”) in all or a
portion of such Lender’s rights and/or obligations under this Credit Agreement (including all or a portion of its Commitment and/or the Loans (including such Lender’s participations in L/C Obligations and/or Swingline Loans) owing to it);
provided that (i) such Lender’s obligations under this Credit Agreement shall remain unchanged, (ii) such Lender shall remain solely responsible to the other parties hereto for the performance of such obligations and
(iii) the Borrower, the Administrative Agent, the other Lenders and the L/C Issuer shall continue to deal solely and directly with such Lender in connection with such Lender’s rights and obligations under this Credit Agreement. For the
avoidance of doubt, each Lender shall be responsible for the indemnity under Section 11.04(c) without regard to the existence of any participation. 

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 Credit Agreement and to approve any amendment, modification or waiver of any provision of this Credit Agreement; provided that such agreement or instrument may provide that such Lender will
not, without the consent of the Participant, agree to any amendment, waiver or other modification described in clauses (i) through (vii) of Section 11.01(a) that affects such Participant. Subject to subsection
(e) of this Section, the Borrower agrees that each Participant shall be entitled to the benefits of Sections 3.01, 3.04 and 3.05 to the same extent as if it were a Lender and had acquired its interest by assignment
pursuant to subsection (b) of this Section (it being understood that the 

  
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documentation required under Section 3.01(e) shall be delivered to the Lender who sells the participation) to the same extent as if it were a Lender and had acquired its interest by
assignment pursuant to paragraph (b) of this Section; provided that such Participant (A) agrees to be subject to the provisions of Sections 3.06 and 11.13 as if it were an assignee under paragraph (b) of this
Section and (B) shall not be entitled to receive any greater payment under Sections 3.01 or 3.04, with respect to any participation, than the Lender from whom it acquired the applicable participation would have been entitled to
receive, except to the extent such entitlement to receive a greater payment results from a Change in Law that occurs after the Participant acquired the applicable participation. Each Lender that sells a participation agrees, at the Borrower’s
request and expense, to use reasonable efforts to cooperate with the Borrower to effectuate the provisions of Section 3.06 with respect to any Participant. To the extent permitted by Law, each Participant also shall be entitled to the
benefits of Section 11.08 as though it were a Lender, provided such Participant agrees to be subject to Section 2.13 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this
purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations
under the Credit Documents (the “Participant Register”); provided that no Lender shall have any obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any
information relating to a Participant’s interest in any commitments, loans, letters of credit or its other obligations under any Credit Document) to any Person except to the extent that such disclosure is necessary to establish that such
commitment, loan, letter of credit or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the Participant Register shall be conclusive absent manifest error, and such Lender
shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Credit Agreement notwithstanding any notice to the contrary. For the avoidance of doubt, the Administrative Agent
(in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(e) Certain Pledges. Any Lender may at any time pledge or assign a security interest in all or any portion of its
rights under this Credit Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall
release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto. 
 (f) Resignation as L/C Issuer or Swingline Lender after Assignment. Notwithstanding anything to the contrary contained herein, if at any time Bank of America assigns all of its Revolving Commitment
and Revolving Loans pursuant to subsection (b) above, Bank of America may, (i) upon thirty (30) days’ notice to the Borrower and the Lenders, resign as L/C Issuer and/or (ii) upon thirty (30) days’ notice to
the Borrower, resign as Swingline Lender. In the event of any such resignation as L/C Issuer or Swingline Lender, the Borrower shall be entitled to appoint from among the Lenders a successor L/C Issuer or Swingline Lender hereunder; provided,
however, that no failure by the Borrower to appoint any such successor shall affect the resignation of Bank of America as L/C Issuer or Swingline Lender, as the case may be. If Bank of America resigns as L/C Issuer, it shall retain all the
rights, powers, privileges and duties of the L/C Issuer hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as L/C Issuer and all L/C Obligations with respect thereto (including the right to
require the Lenders to make Base Rate Loans or fund risk participations in Unreimbursed Amounts pursuant to Section 2.03(c)). If Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided
for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation, 

  
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including the right to require the Lenders to make Base Rate Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04(c). Upon the appointment of a
successor L/C Issuer and/or Swingline Lender, (1) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring L/C Issuer or Swingline Lender, as the case may be, and (2) the
successor L/C Issuer shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements satisfactory to Bank of America to effectively assume the obligations of Bank
of America with respect to such Letters of Credit. 
 11.07 Treatment of Certain Information; Confidentiality.

 Each of the Administrative Agent, the Lenders and the L/C Issuer agrees to maintain the confidentiality
of the Information (as defined below), except that Information may be disclosed (a) to its Affiliates and to its and its Affiliates’ respective partners, directors, officers, employees, agents, trustees, advisors and representatives (it
being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such Information and instructed to keep such Information confidential), (b) to the extent requested by any regulatory authority
purporting to have jurisdiction over it (including any self-regulatory authority, such as the National Association of Insurance Commissioners), (c) to the extent required by applicable Laws or regulations or by any subpoena or similar legal
process, (d) to any other party hereto, (e) in connection with the exercise of any remedies hereunder or under any other Credit Document or any action or proceeding relating to this Credit Agreement or any other Credit Document or the
enforcement of rights hereunder or thereunder, (f) subject to an agreement containing provisions substantially the same as those of this Section, to (i) any assignee of or Participant in, or any prospective assignee of or Participant in,
any of its rights or obligations under this Credit Agreement or any Eligible Assignee invited to become a Lender pursuant to Section 2.01(c) or (ii) any actual or prospective counterparty (or its advisors) to any swap or derivative
transaction relating to a Credit Party and its obligations, (g) on a confidential basis to (i) any rating agency in connection with rating the Borrower or its Subsidiaries or the credit facilities provided hereunder or (ii) the CUSIP
Service Bureau or any similar agency in connection with the issuance and monitoring of CUSIP numbers or other market identifiers with respect to the credit facilities provided hereunder, (h) with the consent of the Borrower or (i) to the
extent such Information (x) becomes publicly available other than as a result of a breach of this Section or (y) becomes available to the Administrative Agent, any Lender, the L/C Issuer or any of their respective Affiliates on a
non-confidential basis from a source other than the Borrower. 
 For purposes of this Section, “Information”
means all information received from a Credit Party or any Subsidiary relating to the Credit Parties or any Subsidiary or any of their respective businesses, other than any such information that is available to the Administrative Agent, any Lender or
the L/C Issuer on a non-confidential basis prior to disclosure by such Credit Party or any Subsidiary, provided that, in the case of information received from a Credit Party or any Subsidiary after the date hereof, such information is clearly
identified at the time of delivery as confidential. Any Person required to maintain the confidentiality of Information as provided in this Section shall be considered to have complied with its obligation to do so if such Person has exercised the
same degree of care to maintain the confidentiality of such Information as such Person would accord to its own confidential information. 
 Each of the Administrative Agent, the Lenders and the L/C Issuer acknowledges that (a) the Information may include MNPI concerning a Credit Party or a Subsidiary, as the case may be, (b) it has
developed compliance procedures regarding the use of MNPI and (c) it will handle such MNPI in accordance with applicable Laws, including United States Federal and state securities Laws. 

  
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 11.08 Set-off. 

If an Event of Default shall have occurred and be continuing, each Lender, the L/C Issuer and each of their respective Affiliates is
hereby authorized at any time and from time to time, to the fullest extent permitted by applicable Laws, to set off and apply any and all deposits (general or special, time or demand, provisional or final, in whatever currency) at any time held and
other obligations (in whatever currency) at any time owing by such Lender, the L/C Issuer or any such Affiliate to or for the credit or the account of any Credit Party against any and all of the obligations of such Credit Party now or hereafter
existing under this Credit Agreement or any other Credit Document to such Lender or the L/C Issuer, irrespective of whether or not such Lender or the L/C Issuer shall have made any demand under this Credit Agreement or any other Credit Document and
although such obligations of such Credit Party may be contingent or unmatured or are owed to a branch or office of such Lender or the L/C Issuer different from the branch or office holding such deposit or obligated on such indebtedness;
provided, that in the event that any Defaulting Lender shall exercise any such right of setoff, (x) all amounts so set off shall be paid over immediately to the Administrative Agent for further application in accordance with the
provisions of Section 2.15 and, pending such payment, shall be segregated by such Defaulting Lender from its other funds and deemed held in trust for the benefit of the Administrative Agent and the Lenders, and (y) the Defaulting
Lender shall provide promptly to the Administrative Agent a statement describing in reasonable detail the Obligations owing to such Defaulting Lender as to which it exercised such right of setoff. The rights of each Lender, the L/C Issuer and their
respective Affiliates under this Section are in addition to other rights and remedies (including other rights of setoff) that such Lender, the L/C Issuer or their respective Affiliates may have. Each Lender and the L/C Issuer agrees to notify the
Borrower and the Administrative Agent promptly after any such setoff and application, provided that the failure to give such notice shall not affect the validity of such setoff and application. 

11.09 Interest Rate Limitation. 
 Notwithstanding anything to the contrary contained in any Credit Document, the interest paid or agreed to be paid under the Credit Documents shall not exceed the maximum rate of non-usurious interest
permitted by applicable Laws (the “Maximum Rate”). If the Administrative Agent or any Lender shall receive interest in an amount that exceeds the Maximum Rate, the excess interest shall be applied to the principal of the Loans or,
if it exceeds such unpaid principal, refunded to the Borrower. In determining whether the interest contracted for, charged, or received by the Administrative Agent or a Lender exceeds the Maximum Rate, such Person may, to the extent permitted by
applicable Laws, (a) characterize any payment that is not principal as an expense, fee, or premium rather than interest, (b) exclude voluntary prepayments and the effects thereof, and (c) amortize, prorate, allocate, and spread in
equal or unequal parts the total amount of interest throughout the contemplated term of the Obligations hereunder. 
 11.10
Counterparts; Integration; Effectiveness. 
 This Credit Agreement may be executed in counterparts (and by different
parties hereto in different counterparts), each of which shall constitute an original, but all of which when taken together shall constitute a single contract. This Credit Agreement and the other Credit Documents constitute the entire contract among
the parties relating to the subject matter hereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof. Except as provided in Section 5.01, this Credit Agreement shall
become effective when it shall have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof that, when taken together, bear the signatures of each of the other parties hereto. Delivery of
an executed 

  
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counterpart of a signature page of this Credit Agreement by facsimile or other electronic imaging means (e.g. “pdf” or “tif”) shall be effective as delivery of a manually
executed counterpart of this Credit Agreement. 
 11.11 Survival of Representations and Warranties. 

All representations and warranties made hereunder and in any other Credit Document or other document delivered pursuant hereto or thereto
or in connection herewith or therewith shall survive the execution and delivery hereof and thereof. Such representations and warranties have been or will be relied upon by the Administrative Agent and each Lender, regardless of any investigation
made by the Administrative Agent or any Lender or on their behalf and notwithstanding that the Administrative Agent or any Lender may have had notice or knowledge of any Default at the time of any Credit Extension, and shall continue in full force
and effect as long as any Loan or any other Obligation hereunder shall remain unpaid or unsatisfied or any Letter of Credit shall remain outstanding. 
 11.12 Severability. 
 If any provision of this Credit Agreement or
the other Credit Documents is held to be illegal, invalid or unenforceable, (a) the legality, validity and enforceability of the remaining provisions of this Credit Agreement and the other Credit Documents shall not be affected or impaired
thereby and (b) the parties shall endeavor in good faith negotiations to replace the illegal, invalid or unenforceable provisions with valid provisions the economic effect of which comes as close as possible to that of the illegal, invalid or
unenforceable provisions. The invalidity of a provision in a particular jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction. Without limiting the foregoing provisions of this Section 11.12,
if and to the extent that the enforceability of any provisions in this Credit Agreement relating to Defaulting Lenders shall be limited by Debtor Relief Laws, as determined in good faith by the Administrative Agent, the L/C Issuer or the Swingline
Lender, as applicable, then such provisions shall be deemed to be in effect only to the extent not so limited. 
 11.13
Replacement of Lenders. 
 If (a) any Lender requests compensation under
Section 3.04, (b) the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 3.01, (c) a Lender (a “Non-Consenting
Lender”) does not consent to a proposed change, waiver, discharge or termination with respect to any Credit Document that has been approved by the Required Lenders as provided in Section 11.01 but requires unanimous consent of
all Lenders or all Lenders directly affected thereby (as applicable) or (d) any Lender is a Defaulting Lender, then the Borrower may, at its sole expense and effort and with the reasonable assistance and cooperation of such Lender, upon notice
to such Lender and the Administrative Agent, require such Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in, and consents required by, Section 11.06), all of its interests,
rights and obligations under this Credit Agreement and the related Credit Documents to an assignee that shall assume such obligations (which assignee may be another Lender, if a Lender accepts such assignment), provided that: 

(a) the Borrower shall have paid to the Administrative Agent the assignment fee specified in Section 11.06(b);

  
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 (b) such Lender shall have received payment of an amount equal to the
outstanding principal of its Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Credit Documents (including any amounts under Section 3.05) from the assignee
(to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts); 
 (c) in the case of any such assignment resulting from a claim for compensation under Section 3.04 or payments required to be made pursuant to Section 3.01, such assignment will
result in a reduction in such compensation or payments thereafter; 
 (d) such assignment does not conflict with
applicable Laws; and 
 (e) in the case of any such assignment resulting from a Non-Consenting Lender’s
failure to consent to a proposed change, waiver, discharge or termination with respect to any Credit Document, the applicable replacement bank, financial institution or Fund consents to the proposed change, waiver, discharge or termination;
provided that the failure by such Non-Consenting Lender to execute and deliver an Assignment and Assumption shall not impair the validity of the removal of such Non-Consenting Lender and the mandatory assignment of such
Non-Consenting Lender’s Commitments and outstanding Loans and participations in L/C Obligations and Swingline Loans pursuant to this Section 11.13 shall nevertheless be effective without the execution by such Non-Consenting Lender
of an Assignment and Assumption. 
 A Lender shall not be required to make any such assignment or delegation if, prior thereto,
as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply. 
 11.14 Governing Law; Jurisdiction; Etc. 
 (a)
GOVERNING LAW. THIS CREDIT AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 (b) SUBMISSION TO JURISDICTION. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY SUBMITS, FOR ITSELF AND ITS PROPERTY, TO THE NONEXCLUSIVE JURISDICTION OF THE COURTS OF THE STATE OF NEW YORK
SITTING IN THE BOROUGH OF MANHATTAN AND OF THE UNITED STATES DISTRICT COURT OF THE SOUTHERN DISTRICT OF NEW YORK, AND ANY APPELLATE COURT FROM ANY THEREOF, IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS CREDIT AGREEMENT OR ANY OTHER
CREDIT DOCUMENT, OR FOR RECOGNITION OR ENFORCEMENT OF ANY JUDGMENT, AND EACH OF THE PARTIES HERETO IRREVOCABLY AND UNCONDITIONALLY AGREES THAT ALL CLAIMS IN RESPECT OF ANY SUCH ACTION OR PROCEEDING MAY BE HEARD AND DETERMINED IN SUCH NEW YORK STATE
COURT OR, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAWS, IN SUCH FEDERAL COURT. EACH OF THE PARTIES HERETO 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. NOTHING IN THIS CREDIT AGREEMENT OR IN ANY OTHER CREDIT DOCUMENT SHALL AFFECT ANY RIGHT THAT THE ADMINISTRATIVE AGENT, ANY LENDER, THE L/C ISSUER OR ANY

  
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CREDIT PARTY MAY OTHERWISE HAVE TO BRING ANY ACTION OR PROCEEDING RELATING TO THIS CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT AGAINST ANY OTHER PARTY OR ITS PROPERTIES IN THE COURTS OF ANY
JURISDICTION. 
 (c) WAIVER OF VENUE. EACH PARTY HERETO IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE
FULLEST EXTENT PERMITTED BY APPLICABLE LAWS, ANY OBJECTION THAT IT MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT IN ANY COURT REFERRED TO
IN PARAGRAPH (B) OF THIS SECTION. EACH OF THE PARTIES HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAWS, THE DEFENSE OF AN INCONVENIENT FORUM TO THE MAINTENANCE OF SUCH ACTION OR PROCEEDING IN ANY SUCH
COURT. 
 (d) SERVICE OF PROCESS. EACH PARTY HERETO IRREVOCABLY CONSENTS TO SERVICE OF PROCESS IN THE
MANNER PROVIDED FOR NOTICES IN SECTION 11.02. NOTHING IN THIS CREDIT AGREEMENT WILL AFFECT THE RIGHT OF ANY PARTY HERETO TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY APPLICABLE LAWS. 

11.15 Waiver of Right to Trial by Jury. 
 EACH PARTY HERETO HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAWS, ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR
RELATING TO THIS CREDIT AGREEMENT OR ANY OTHER CREDIT DOCUMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY OR THEREBY (WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY). EACH PARTY HERETO (A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY
OF ANY OTHER PERSON HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PERSON WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HERETO HAVE BEEN INDUCED TO ENTER
INTO THIS CREDIT AGREEMENT AND THE OTHER CREDIT DOCUMENTS BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
 11.16 No Advisory or Fiduciary Responsibility. 
 In connection with
all aspects of each transaction contemplated hereby (including in connection with any amendment, waiver or other modification hereof or of any other Credit Document), each of the Credit Parties acknowledges and agrees, and acknowledges its
Affiliates’ understanding, that: (i) (A) the arranging and other services regarding this Credit Agreement provided by the Administrative Agent, the Joint Lead Arrangers and the Lenders are arm’s-length commercial transactions
between the Credit Parties and their respective Affiliates, on the one hand, and the Administrative Agent, the Joint Lead Arrangers and the Lenders, on the other hand, (B) each of the Credit Parties has consulted its own legal, accounting,
regulatory and tax advisors to the extent it has deemed appropriate, and (C) each of the Credit Parties is capable of evaluating, and understands and accepts, the terms, risks and conditions of the transactions contemplated hereby and by the
other Credit Documents; (ii) (A) the Administrative Agent, the Joint Lead Arrangers and each Lender each is and has been acting solely as a principal and, except as 

  
 124

 
expressly agreed in writing by the relevant parties, has not been, is not, and will not be acting as an advisor, agent or fiduciary for the Credit Parties or any of their respective Affiliates,
or any other Person and (B) neither the Administrative Agent, the Joint Lead Arrangers nor any Lender has any obligation to the Credit Parties or any of their respective Affiliates with respect to the transactions contemplated hereby except
those obligations expressly set forth herein and in the other Credit Documents; and (iii) the Administrative Agent, the Joint Lead Arrangers and the Lenders and their respective Affiliates may be engaged in a broad range of transactions that
involve interests that differ from those of the Credit Parties and their respective Affiliates, and neither the Administrative Agent, the Joint Lead Arrangers nor any Lender has any obligation to disclose any of such interests to the Credit Parties
and their respective Affiliates. To the fullest extent permitted by Law, each of the Credit Parties hereby waives and releases any claims that it may have against the Administrative Agent and the Joint Lead Arrangers with respect to any breach or
alleged breach of agency or fiduciary duty in connection with any aspect of any transaction contemplated hereby. 
 11.17
Electronic Execution of Assignments and Certain Other Documents. 
 The words “execute”,
“execution,” “signed,” “signature,” and words of like import in any Assignment and Assumption or in any amendment or other modification hereof (including waivers and consents) shall be deemed to include electronic
signatures, the electronic matching of assignment terms and contract formations on electronic platforms approved by the Administrative Agent 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 Laws, 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. 
 11.18 USA PATRIOT Act Notice. 
 Each Lender that is subject to the
Patriot Act and the Administrative Agent (for itself and not on behalf of any 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 October 26, 2001)) (the
“Patriot Act”), it is required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender or the
Administrative Agent, as applicable, to identify the Borrower in accordance with the Patriot Act. The Borrower shall, promptly following a request by the Administrative Agent or any Lender, provide all documentation and other information that the
Administrative Agent or such Lender requests in order to comply with its ongoing obligations under applicable “know your customer” and anti-money laundering rules and regulations, including the Patriot Act. 

[SIGNATURE PAGES FOLLOW] 

  
 125

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

							
	BORROWER:	 		 	DYCOM INDUSTRIES, INC.,
		 		 	a Florida corporation
				
		 		 	By:	 	 /s/ H. Andrew DeFerrari

		 		 	Name: H. Andrew DeFerrari
		 		 	Title: Senior Vice President and Chief Financial Officer
			
	GUARANTORS:	 		 	ANSCO & ASSOCIATES, LLC,
		 		 	a Delaware limited liability company
			
		 		 	APEX DIGITAL, LLC,
		 		 	a Delaware limited liability company
			
		 		 	BROADBAND EXPRESS, LLC,
		 		 	a Delaware limited liability company
			
		 		 	BROADBAND INSTALLATION SERVICES, LLC,
		 		 	a Delaware limited liability company
			
		 		 	C-2 UTILITY CONTRACTORS, LLC
		 		 	a Delaware limited liability company
			
		 		 	CABLE CONNECTORS, LLC
		 		 	a Delaware limited liability company
			
		 		 	CABLECOM, LLC,
		 		 	a Delaware limited liability company
			
		 		 	CABLECOM OF CALIFORNIA, INC.,
		 		 	a Delaware corporation
			
		 		 	CAN-AM COMMUNICATIONS, INC.,
		 		 	a Delaware corporation
			
		 		 	CAVO BROADBAND COMMUNICATIONS, LLC,
		 		 	a Delaware limited liability company
			
		 		 	CERTUSVIEW LEASING, LLC,
		 		 	a Delaware limited liability company
				
		 		 	By:	 	 /s/ H. Andrew DeFerrari

		 		 	Name: H. Andrew DeFerrari
		 		 	Title: Treasurer
			
		 		 	[Signatures continue on following page]

  

 
			
	COMMUNICATIONS CONSTRUCTION GROUP, LLC,
	a Delaware limited liability company
	
	COMMUNICATION SERVICES, LLC,
	a North Carolina limited liability company
	
	DYCOM CAPITAL MANAGEMENT, INC.,
	a Delaware corporation
	
	DYCOM CORPORATE IDENTITY, INC.,
	a Delaware corporation
	
	DYCOM IDENTITY, LLC,
	a Delaware limited liability company
	
	DYCOM INVESTMENTS, INC.,
	a Delaware corporation
	
	ERVIN CABLE CONSTRUCTION, LLC,
	a Delaware limited liability company
	
	GLOBE COMMUNICATIONS, LLC,
	a North Carolina limited liability company
	
	INSTALLATION TECHNICIANS, LLC,
	a Florida limited liability company
	
	IVY H. SMITH COMPANY, LLC,
	a Delaware limited liability company
	
	LAMBERT’S CABLE SPLICING COMPANY, LLC,
	a Delaware limited liability company
	
	LOCATING, INC.,
	a Washington corporation
	
	NEOCOM SOLUTIONS HOLDINGS, LLC,
	a Delaware limited liability company
	
	NEOCOM SOLUTIONS, INC.,
	a Georgia corporation
	
	NICHOLS CONSTRUCTION, LLC,
	a Delaware limited liability company
		
	By:	 	 /s/ H. Andrew DeFerrari

	Name: H. Andrew DeFerrari
	Title: Treasurer
	
	[Signatures continue on following page]

  
 2 

 
			
	NIELS FUGAL SONS COMPANY, LLC,
	a Delaware limited liability company
	
	NIELS FUGAL SONS COMPANY OF CALIFORNIA, INC.,
	 a Delaware corporation

	
	POINT TO POINT COMMUNICATIONS, INC.,
	 a Louisiana corporation

	
	PRECISION VALLEY COMMUNICATIONS OF VERMONT, LLC,
	 a Delaware limited liability company

	
	PRINCE TELECOM, LLC
	 a Delaware limited liability company

	
	PRINCE TELECOM OF CALIFORNIA, INC.,
	 a Delaware corporation

	
	RJE TELECOM, LLC,
	 a Delaware limited liability company

	
	RJE TELECOM OF CALIFORNIA, INC.,
	 a Delaware corporation

	
	STAR CONSTRUCTION, LLC,
	 a Delaware limited liability company

	
	STEVENS COMMUNICATIONS, LLC,
	 a Delaware limited liability company

	
	S.T.S., LLC,
	 a Tennessee limited liability company

	
	TCS COMMUNICATIONS, LLC,
	 a Delaware limited liability company

	
	TESINC, LLC,
	 a Delaware limited liability company

	
	TESINC OF CALIFORNIA, INC.,
	 a Delaware corporation

		
	By:	 	 /s/ H. Andrew DeFerrari

	Name: H. Andrew DeFerrari
	Title: Treasurer
	
	[Signatures continue on following page]

  
 3 

 
			
	TRIPLE-D COMMUNICATIONS, LLC,
	a Delaware limited liability company
	
	U G T I,
	a California corporation
	
	UNDERGROUND SPECIALTIES, LLC,
	a Delaware limited liability company
	
	UTILIQUEST, LLC,
	a Georgia limited liability company
	
	WHITE MOUNTAIN CABLE CONSTRUCTION, LLC,
	a Delaware limited liability company
		
	By:	 	 /s/ H. Andrew DeFerrari

	Name: H. Andrew DeFerrari
	Title: Treasurer
	
	MIDTOWN EXPRESS, LLC,
	a Delaware limited liability company
		
	By:	 	 /s/ William P. Healy

	Name: William P. Healy
	Title: President
	
	OSP SERVICES, LLC,
	a Delaware limited liability company
		
	By:	 	 /s/ Marvin M. Glaser

	Name: Marvin M. Glaser
	Title: President

  
 4 

							
	ADMINISTRATIVE
	 AGENT:
	 		 	BANK OF AMERICA, N.A.,
		 		 	 as Administrative Agent

				
		 		 	By:	 	 /s/ Aamir Saleem

		 		 	Name: Aamir Saleem
		 		 	Title: Vice President

  
 5 

							
	LENDERS:	 		 	 BANK OF AMERICA, N.A.,

		 		 	as a Lender, L/C Issuer and Swingline Lender
				
		 		 	By:	 	 /s/ Marc Sanchez

		 		 	Name: Marc Sanchez
		 		 	Title: Vice President

  
 6 

 
			
	WELLS FARGO BANK, NATIONAL ASSOCIATION,
	as a Lender
		
	By:	 	 /s/ Kay Reedy

	Name: Kay Reedy
	Title: Managing Director

  
 7 

 
			
	BRANCH BANKING AND TRUST COMPANY, as a Lender
		
	By:	 	 /s/ David B. Houser

	Name:	 	David B. Houser
	Title:	 	Vice-President

  
 8 

			
	PNC BANK, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Jose Mazariegos

	Name:	 	Jose Mazariegos
	Title:	 	Senior Vice President

  
 9 

			
	SUNTRUST BANK, as a Lender
		
	By:	 	 /s/ Barbara Baltar

	Name:	 	BARBARA BALTAR
	Title:	 	Senior Vice President

  
 10 

			
	COMPASS BANK, as a Lender
		
	By:	 	 /s/ Peter R. Lewin

	Name:	 	Peter R. Lewin
	Title:	 	Senior Vice President

  
 11 

			
	REGIONS BANK, as a Lender
		
	By:	 	 /s/ Stephen Hanas

	Name:	 	STEPHEN HANAS
	Title:	 	SENIOR VICE PRESIDENT

  
 12 

			
	FLORIDA COMMUNITY BANK, N.A. as a Lender
		
	By:	 	 /s/ Jose M. Cruz

	Name:	 	Jose M. Cruz
	Title:	 	Senior Vice President

  
 13 

			
	GOLDMAN SACHS BANK USA, as a Lender
		
	By:	 	 /s/ Robert Ehudin

	Name:	 	Robert Ehudin
	Title:	 	Authorized Signatory

  
 14 

 Schedule 1.01 
 CLOSING DATE ACQUISITION TARGET 
  

					
	 Acquired Company
	  	 Jurisdiction
 of Formation
	  	 Shares

	 1.   Blair Park Services, LLC
	  	Delaware	  	100% of limited liability company interests
	 2.   E A Technical Services, Inc.
	  	Georgia	  	3,750 shares of stock, no par value
	 3.   Engineering Associates, Inc.
	  	Georgia	  	40 shares of stock, par value $10
	 4.   Global Enercom Management, Inc.
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 5.   Golden State Utility Co.
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 6.   InfraSource Telecommunication Services, LLC
	  	Delaware	  	100% of limited liability company interests
	 7.   North Sky Communications, Inc.
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 8.   Parkside Site & Utility Company Corporation
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 9.   Parkside Utility Construction Corp.
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 10. Pauley Construction Inc.
	  	Arizona	  	68,848 shares of common stock, no par value
	 11. Professional Teleconcepts, Inc.
	  	Illinois	  	100 shares of common stock, no par value
	 12. Professional Teleconcepts, Inc.
	  	New York	  	100 shares of common stock, no par value
	 13. Quanta Wireless Solutions, Inc.
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 14. Spalj Construction Company
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 15. Trawick Construction Company, Inc.
	  	Florida	  	1,000 shares of common stock, par value $100
	 16. VCI Construction, Inc.
	  	Delaware	  	1,000 shares of common stock, par value $.01
	 17. VCI Utility Services, Inc.
	  	Delaware	  	1,000 shares of common stock, par value $.001

 Schedule 2.01 
 COMMITMENTS AND APPLICABLE PERCENTAGES 
  

																	
	 Lender
	  	 Revolving
Commitment
	 	  	 Applicable
Percentage
of
Aggregate
Revolving
Commitments
	 	 	 Term Loan A
	 	  	 Applicable
Percentage of
Term Loan A
	 
	 Bank of America, N.A.
	  	$	51,562,500.00	  	  	 	18.750000000	% 	 	$	23,437,500.00	  	  	 	18.750000000	% 
	 Wells Fargo Bank, National Association
	  	$	51,562,500.00	  	  	 	18.750000000	% 	 	$	23,437,500.00	  	  	 	18.750000000	% 
	 Branch Banking and Trust Company
	  	$	34,375,000.00	  	  	 	12.500000000	% 	 	$	15,625,000.00	  	  	 	12.500000000	% 
	 PNC Bank, National Association
	  	$	34,375,000.00	  	  	 	12.500000000	% 	 	$	15,625,000.00	  	  	 	12.500000000	% 
	 SunTrust Bank
	  	$	34,375,000.00	  	  	 	12.500000000	% 	 	$	15,625,000.00	  	  	 	12.500000000	% 
	 Compass Bank
	  	$	24,062,500.00	  	  	 	8.750000000	% 	 	$	10,937,500.00	  	  	 	8.750000000	% 
	 Regions Bank
	  	$	17,187,500.00	  	  	 	6.250000000	% 	 	$	7,812,500.00	  	  	 	6.250000000	% 
	 Florida Community Bank
	  	$	17,187,500.00	  	  	 	6.250000000	% 	 	$	7,812,500.00	  	  	 	6.250000000	% 
	 Goldman Sachs Bank USA
	  	$	10,312,500.00	  	  	 	3.750000000	% 	 	$	4,687,500.00	  	  	 	3.750000000	% 
	 Total:
	  	$	275,000,000.00	  	  	 	100.000000000	% 	 	$	125,000,000.00	  	  	 	100.000000000	% 

 Schedule 2.03 
 EXISTING LETTERS OF CREDIT 
  

																			
	 Customer/Applicant
	  	 Issuer
	  	Letter of
Credit #	  	 Beneficiary
	  	Exposure	 	  	Issue Date	 	  	Expiration
Date	 
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036669	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	2,997,000.00	  	  	 	5/18/2011	  	  	 	5/18/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036671	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	2,000,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036672	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	2,200,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036673	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	800,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036674	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	3,645,712.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036675	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	3,000,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036676	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	5,000,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036677	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	4,500,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68037038	  	 ARROWOOD INDEMNITY

COMPANY
	  	$	395,000.00	  	  	 	7/1/2011	  	  	 	6/29/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68037041	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	5,960,000.00	  	  	 	9/12/2011	  	  	 	9/13/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68037042	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	1,344,288.00	  	  	 	10/14/2011	  	  	 	10/10/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68054023	  	THE TRAVELERS INDEMNITY COMPANY	  	$	425,000.00	  	  	 	11/4/2010	  	  	 	11/5/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68054765	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	3,523,000.00	  	  	 	12/1/2010	  	  	 	12/1/2012	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68055993	  	ATLANTIC MUTUAL INSURANCE COMPANY	  	$	131,000.00	  	  	 	1/18/2011	  	  	 	1/20/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68055995	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	411,000.00	  	  	 	1/13/2011	  	  	 	1/20/2013	  

																			
	 Customer/Applicant
	  	 Issuer
	  	Letter of
Credit #	  	 Beneficiary
	  	Exposure	 	  	Issue Date	 	  	Expiration
Date	 
	 UtiliQuest, LLC
	  	Bank of America, N.A.	  	68057160	  	 NATIONAL UNION FIRE
 INSURANCE
CO.
	  	$	483,990.00	  	  	 	3/23/2011	  	  	 	3/23/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68066259	  	LIBERTY MUTUAL INSURANCE COMPANY	  	$	5,668,000.00	  	  	 	7/30/2012	  	  	 	7/30/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68036670	  	STATE OF WASHINGTON	  	$	1,598,000.00	  	  	 	5/31/2011	  	  	 	6/1/2013	  
	 Dycom Industries, Inc.
	  	Bank of America, N.A.	  	68054766	  	LUMBERMENS’ MUTUAL CASUALTY COMPANY	  	$	42,000.00	  	  	 	12/15/2010	  	  	 	12/15/2012	  
		  		  		  		  	  
	  
	 	  				  			
		  		  		  	TOTAL:	  	$	44,123,990.00	  	  				  			
		  		  		  		  	  
	  
	 	  				  			

 Schedule 6.11 
 SUBSIDIARIES 
  

									
	 Entity Name
	  	Jurisdiction	  	 Equity Interest Holder
	  	Percent
Ownership
(%)	 
	 Material Domestic Subsidiaries
	   

	 Ansco & Associates, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Broadband Installation Services, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Can-Am Communications, Inc.
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Dycom Capital Management, Inc.
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Dycom Investments, Inc.
	  	Delaware	  	Dycom Industries, Inc.	  	 	100	  
	 Dycom Identity, LLC
	  	Delaware	  	 Dycom Corporate Identity, Inc.

Locating, Inc.
	  	 
  
	97.461
 2.539
	  
   

	 Ervin Cable Construction, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Globe Communications, LLC
	  	North Carolina	  	Dycom Investments, Inc.	  	 	100	  
	 Lambert’s Cable Splicing Company, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Niels Fugal Sons Company, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Prince Telecom, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Star Construction, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Triple-D Communications, LLC
	  	Delaware	  	Globe Communications, LLC	  	 	100	  
	 Immaterial Domestic Subsidiaries - Guarantors
	   

	 Apex Digital, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Broadband Express, LLC
	  	Delaware	  	Broadband Installation Services, LLC	  	 	100	  
	 C-2 Utility Contractors, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Cable Connectors, LLC
	  	Delaware	  	Lambert’s Cable Splicing Company, LLC	  	 	100	  
	 CableCom of California, Inc.
	  	Delaware	  	CableCom, LLC	  	 	100	  
	 CableCom, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Cavo Broadband Communications, LLC
	  	Delaware	  	Prince Telecom, LLC	  	 	100	  
	 CertusView Leasing, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Communications Construction Group, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Communication Services, LLC
	  	North Carolina	  	Globe Communications, LLC	  	 	100	  
	 Dycom Corporate Identity, Inc.
	  	Delaware	  	Dycom Capital Management, Inc.	  	 	100	  
	 Installation Technicians, LLC
	  	Florida	  	Dycom Investments, Inc.	  	 	100	  
	 Ivy H. Smith Company, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Kanaan Communications, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  

									
	 Entity Name
	  	Jurisdiction	  	 Equity Interest Holder
	  	Percent
Ownership
(%)	 
	 Locating, Inc.
	  	Washington	  	Dycom Investments, Inc.	  	 	100	  
	 Midtown Express, LLC
	  	Delaware	  	Broadband Installation Services, LLC	  	 	100	  
	 NeoCom Solutions, Inc.
	  	Georgia	  	Dycom Investments, Inc.	  	 	100	  
	 Nichols Construction, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Niels Fugal Sons Company of California, Inc.
	  	Delaware	  	Niels Fugal Sons Company, LLC	  	 	100	  
	 OSP Services, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Point to Point Communications, Inc.
	  	Louisiana	  	Dycom Identity, LLC	  	 	100	  
	 Precision Valley Communications of Vermont, LLC
	  	Delaware	  	Can-Am Communications, Inc.	  	 	100	  
	 Prince Telecom of California, Inc.
	  	Delaware	  	Prince Telecom, LLC	  	 	100	  
	 RJE Telecom of California, Inc.
	  	Delaware	  	RJE Telecom, LLC	  	 	100	  
	 RJE Telecom, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Stevens Communications, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 S.T.S., LLC
	  	Tennessee	  	Dycom Investments, Inc.	  	 	100	  
	 TCS Communications, LLC
	  	Delaware	  	Can-Am Communications, Inc.	  	 	100	  
	 Tesinc of California, Inc.
	  	Delaware	  	Tesinc, LLC	  	 	100	  
	 Tesinc, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 U G T I
	  	California	  	Dycom Investments, Inc.	  	 	100	  
	 Underground Specialties, LLC
	  	Delaware	  	Can-Am Communications, Inc.	  	 	100	  
	 UtiliQuest, LLC
	  	Georgia	  	Dycom Investments, Inc.	  	 	100	  
	 White Mountain Cable Construction, LLC
	  	Delaware	  	Can-Am Communications, Inc.	  	 	100	  
	 Immaterial Domestic Subsidiary - Non-Guarantors
	   

	 Alabama Broadband, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Atlantic Communications Services, LLC
	  	Delaware	  	RJE Telecom, LLC	  	 	100	  
	 C-2 Utility Contractors of California, Inc.
	  	Delaware	  	C-2 Utility Contractors, LLC	  	 	100	  
	 Communications Construction Group of California, Inc.
	  	Delaware	  	Communications Construction Group, LLC	  	 	100	  
	 Dycom Aviation, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Fiber Cable, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Kohler Construction Co., LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 NCS, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 PBG Acquisition III, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 RJE Canada, Inc.
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 S.T.S. Canada, Inc.
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 Selzee Solutions, Inc.
	  	Florida	  	Dycom Investments, Inc.	  	 	100	  
	 Underground Specialties of California, Inc.
	  	Delaware	  	Underground Specialties, LLC	  	 	100	  

									
	 Entity Name
	  	Jurisdiction	  	 Equity Interest Holder
	  	Percent
Ownership
(%)	 
	 Foreign Subsidiaries
	   

	 RJE Canada, ULC
	  	Alberta Canada	  	RJE Canada, Inc.	  	 	100	  
	 S.T.S. Canada, ULC
	  	Alberta Canada	  	S.T.S. Canada, Inc.	  	 	100	  
	 Unrestricted Subsidiaries
	  		  		  			
	 CertusView Solutions, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  
	 CertusView Technologies, LLC
	  	Delaware	  	Dycom Investments, Inc.	  	 	100	  

 Schedule 8.01 
 INDEBTEDNESS EXISTING ON THE CLOSING DATE 
  

	1)	Bonds set forth on the Annex 1. 

  

	2)	Communication Services, LLC leases vehicles pursuant to leases that are classified as capital leases on the consolidated financial statements of the Borrower. These
leases have an aggregate liability of approximately $48,786 on the consolidated financial statements of the Borrower. 

  

	3)	Indebtedness incurred in connection with the Liens described in Schedule 8.02(c). 

 

	4)	Indebtedness of RJE Canada, ULC as of the Closing Date: 

  

					
	 	  	Amount Owed
($USD)	 
	 Dycom Industries, Inc.
	  	$	741,046	  
	 C-2 Utility Contractors, LLC
	  	$	14,556	  
	 RJE Telecom, LLC
	  	$	29,553	  
	 RJE Canada, Inc.
	  	$	11,387	  

 ANNEX 1 
 To Schedule 8.01 
 Ansco & Associates, LLC 

 

																			
	 105164595
	  	$	 5,000	  	  	USD	  	Contractors License	  	City of Dillon	  	 	10/28/12	  	  	 	10/28/13	  
	 105454333
	  	 	2,000	  	  	USD	  	Contractors License	  	City of Greensboro, NC	  	 	08/04/12	  	  	 	08/04/13	  
	 105723053
	  	 	100,000	  	  	USD	  	Contractors License	  	Florida Dept of Business and Professional Regulation	  	 	01/05/12	  	  	 	01/05/13	  
	 103357734
	  	 	1,000	  	  	USD	  	Other License	  	Columbia County	  	 	02/16/12	  	  	 	02/16/13	  
	 104239599
	  	 	1,000	  	  	USD	  	Other Permit	  	City of North Augusta	  	 	01/06/12	  	  	 	01/06/13	  
	 016042871
	  	 	10,000	  	  	USD	  	Right of Way	  	South Carolina Department of Transporation	  	 	04/05/12	  	  	 	04/05/13	  
	 104054620
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Raleigh,	  	 	04/01/12	  	  	 	04/01/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	124,000	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 C-2 Utility Contractors, LLC 
  

																			
	 103792925
	  	$	 6,000	  	  	USD	  	Contractors License	  	Washington Dept of Labor and Industries	  	 	03/08/12	  	  	 	03/08/13	  
	 103817716
	  	 	10,000	  	  	USD	  	Contractors License	  	State of California	  	 	04/08/12	  	  	 	04/08/13	  
	 104767669
	  	 	12,500	  	  	USD	  	Contractors License	  	State of California	  	 	01/17/12	  	  	 	01/17/13	  
	 105198156
	  	 	12,500	  	  	USD	  	Contractors License	  	State of California	  	 	01/28/12	  	  	 	01/28/13	  
	 105403808
	  	 	20,000	  	  	USD	  	Contractors License	  	State of Oregon	  	 	04/13/12	  	  	 	04/13/13	  
	 105403809
	  	 	75,000	  	  	USD	  	Contractors License	  	State of Oregon	  	 	04/12/12	  	  	 	04/12/13	  
	 105454326
	  	 	5,000	  	  	USD	  	Contractors License	  	City of Colorado Springs	  	 	07/19/12	  	  	 	07/19/13	  
	 105454327
	  	 	5,000	  	  	USD	  	Contractors License	  	City of Colorado Springs	  	 	07/19/12	  	  	 	07/19/13	  
	 016043941
	  	 	3,720,960	  	  	USD	  	Other Contract Award	  	Monroe Telphone Company	  	 	07/18/11	  	  	 	07/18/12	  
	 104637626
	  	 	30,000	  	  	USD	  	Other Financial Guarantee	  	State of Oregon	  	 	04/19/12	  	  	 	04/19/13	  
	 104139006
	  	 	10,000	  	  	USD	  	Other Permit	  	State of Oregon DOT	  	 	07/24/12	  	  	 	07/24/13	  
	 104139031
	  	 	10,000	  	  	USD	  	Other Permit	  	State of Oregon DOT	  	 	08/15/12	  	  	 	08/15/13	  
	 016045462
	  	 	250,000	  	  	USD	  	Performance	  	Oregon Department of Transportation	  	 	06/30/11	  	  	 	06/30/12	  
	 105062796
	  	 	20,000	  	  	USD	  	Right of Way	  	Crook County Road Department	  	 	04/03/12	  	  	 	04/03/13	  
	 104054572
	  	 	9,500	  	  	USD	  	Sales Tax	  	State of Oregon DOT	  	 	03/11/12	  	  	 	03/11/13	  
	 104767627
	  	 	2,500	  	  	USD	  	Street Opening	  	City of Pendleton	  	 	07/25/12	  	  	 	07/25/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	4,198,960	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 Cable Connectors, LLC 

 

																			
	 016051734
	  	$	109,009	  	  	USD	  	Performance	  	CenturyTel Service Group	  	 	10/10/12	  	  	 	10/10/13	  
	 016051735
	  	 	170,840	  	  	USD	  	Performance	  	CenturyTel Service Group	  	 	10/10/12	  	  	 	10/10/13	  
	 103573890
	  	 	100,000	  	  	USD	  	Right of Way	  	State of South Carolina -DOT	  	 	05/24/12	  	  	 	05/24/13	  
	 103679602
	  	 	100,000	  	  	USD	  	Right of Way	  	State of South Carolina -DOT	  	 	08/21/12	  	  	 	08/21/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	479,849	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 Cablecom, LLC 

 

																			
	 104054609
	  	$	2,500	  	  	USD	  	Contractors License	  	State of Arizona	  	 	04/17/12	  	  	 	04/17/13	  
	 104054610
	  	 	1,000	  	  	USD	  	Contractors License	  	State of Arizona	  	 	04/15/12	  	  	 	04/15/13	  
	 104054611
	  	 	5,000	  	  	USD	  	Contractors License	  	State of Arizona	  	 	04/17/12	  	  	 	04/17/13	  
	 104054616
	  	 	12,000	  	  	USD	  	Contractors License	  	State of Washington	  	 	04/22/12	  	  	 	04/22/13	  
	 104088941
	  	 	1,000	  	  	USD	  	Contractors License	  	State of New Mexico	  	 	05/06/12	  	  	 	05/06/13	  
	 104106802
	  	 	7,000	  	  	USD	  	Contractors License	  	State of Arizona	  	 	07/09/12	  	  	 	07/09/13	  
	 104174196
	  	 	7,500	  	  	USD	  	Contractors License	  	State of California Contractors State License Board	  	 	10/06/12	  	  	 	10/06/13	  
	 104174202
	  	 	10,000	  	  	USD	  	Contractors License	  	State of California Contractors State License Board	  	 	10/17/12	  	  	 	10/17/13	  
	 104637634
	  	 	4,000	  	  	USD	  	Contractors License	  	State of Washington	  	 	06/16/12	  	  	 	06/16/13	  
	 104767623
	  	 	50,000	  	  	USD	  	Contractors License	  	State of Nevada	  	 	06/28/12	  	  	 	06/28/13	  
	 105280056
	  	 	10,000	  	  	USD	  	Contractors License	  	State of New Mexico	  	 	07/22/12	  	  	 	07/22/13	  
	 105280060
	  	 	75,000	  	  	USD	  	Contractors License	  	State of Oregon	  	 	07/30/12	  	  	 	07/30/13	  
	 105403788
	  	 	10,000	  	  	USD	  	Notary Bond	  	State of Washington	  	 	05/01/10	  	  	 	05/01/14	  
	 104876773
	  	 	5,000	  	  	USD	  	Other License	  	State of California	  	 	01/14/12	  	  	 	01/14/13	  
	 016042819
	  	 	50,000	  	  	USD	  	Other Permit	  	City of Brea	  	 	01/19/12	  	  	 	01/19/13	  
	 016046167
	  	 	100,000	  	  	USD	  	Other Permit	  	City of Mountain View	  	 	10/17/12	  	  	 	10/17/13	  
	 104343533
	  	 	25,000	  	  	USD	  	Other Permit	  	City of Fresno, CA	  	 	06/30/12	  	  	 	06/30/13	  
	 105331814
	  	 	25,000	  	  	USD	  	Other Permit	  	Port of San Francisco	  	 	02/03/12	  	  	 	02/03/13	  
	 016050566
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Milpitas	  	 	07/26/12	  	  	 	07/26/13	  
	 105331812
	  	 	100,000	  	  	USD	  	Right of Way	  	City of Walnut Creek	  	 	02/03/12	  	  	 	02/03/13	  
	 105403786
	  	 	5,000	  	  	USD	  	Right of Way	  	City of East Palo Alto	  	 	02/22/12	  	  	 	02/22/13	  
	 105454359
	  	 	10,000	  	  	USD	  	Right of Way	  	County of Sonoma, California	  	 	10/01/12	  	  	 	10/01/13	  
	 105506527
	  	 	50,000	  	  	USD	  	Right of Way	  	City of San Ramon	  	 	05/24/12	  	  	 	05/24/13	  
	 016051683
	  	 	5,000	  	  	USD	  	Street Opening	  	City of Milpitas	  	 	07/20/12	  	  	 	07/20/13	  
	 105331815
	  	 	25,000	  	  	USD	  	Street Opening	  	City and County of San Francisco	  	 	02/09/10	  	  	 	02/09/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	600,000	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 CAVO Broadband Communications, LLC 

 

																			
	 016042811
	  	$	5,000	  	  	USD	  	Contractors License	  	City of St Louis	  	 	12/23/11	  	  	 	12/23/12	  
	 016045626
	  	 	25,000	  	  	USD	  	Contractors License	  	Jeffreson County, MO	  	 	02/10/12	  	  	 	02/10/13	  
	 104876758
	  	 	10,000	  	  	USD	  	Electrical Contractor	  	St Louis County, Missouri	  	 	10/01/12	  	  	 	10/01/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	40,000	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			
	
	Communications Construction Group, LLC	  
							
	 104279777
	  	$	10,000	  	  	USD	  	Street Opening	  	Town of Oyster Bay	  	 	05/26/12	  	  	 	05/26/14	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	10,000	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			
	
	Ervin Cable Construction, LLC	  
							
	 016042817
	  	$	5,000	  	  	USD	  	Contractors License	  	City of Decatur	  	 	01/12/12	  	  	 	01/12/13	  
	 103925266
	  	 	10,000	  	  	USD	  	Contractors License	  	City of St Louis Street Dept	  	 	09/27/12	  	  	 	09/27/13	  
	 104239610
	  	 	10,000	  	  	USD	  	Contractors License	  	State of Arkansas	  	 	01/27/12	  	  	 	01/27/13	  
	 104343494
	  	 	1,000	  	  	USD	  	Contractors License	  	City of E. St. Louis	  	 	01/11/12	  	  	 	01/11/13	  
	 105331787
	  	 	5,000	  	  	USD	  	Contractors License	  	City of St. Louis, MO	  	 	09/17/11	  	  	 	09/17/12	  
	 103958995
	  	 	10,000	  	  	USD	  	Electrical Contractor	  	St. Louis County Public Works	  	 	11/18/11	  	  	 	11/18/12	  
	 105280044
	  	 	2,000	  	  	USD	  	Electrical Contractor	  	District of Columbia	  	 	11/30/11	  	  	 	11/30/13	  
	 016045474
	  	 	2,871,928	  	  	USD	  	Other Contract Award	  	Peoples Rural Telephone Coop. Corp. Inc.	  	 	07/20/11	  	  	 	07/20/12	  
	 016045525
	  	 	2,712,173	  	  	USD	  	Other Contract Award	  	Peoples Rural Telephone Coop. Corp. Inc.	  	 	09/12/11	  	  	 	09/12/12	  
	 105164588
	  	 	3,000	  	  	USD	  	Other Financial Guarantee	  	State of Tennessee and the City of Chattanooga	  	 	10/22/12	  	  	 	10/22/14	  
	 105164589
	  	 	1,500	  	  	USD	  	Other Financial Guarantee	  	State of Tennesse	  	 	10/22/12	  	  	 	10/22/14	  
	 105331786
	  	 	5,000	  	  	USD	  	Other License	  	Missouri Department of Revenue Taxation Bureau	  	 	09/17/12	  	  	 	09/17/13	  
	 105454334
	  	 	25,000	  	  	USD	  	Other License	  	City of O’Fallon	  	 	08/04/12	  	  	 	08/04/13	  
	 016051682
	  	 	5,000	  	  	USD	  	Other Permit	  	City of Frederick	  	 	07/18/12	  	  	 	07/18/13	  
	 016051722
	  	 	1,000	  	  	USD	  	Other Permit	  	City of Chesterfield	  	 	09/06/12	  	  	 	09/06/13	  
	 016052972
	  	 	127,094	  	  	USD	  	Other Permit	  	Village of Roscoe	  	 	10/31/12	  	  	 	10/31/13	  
	 104767639
	  	 	2,500	  	  	USD	  	Other Permit	  	Illinois Department of Transportation	  	 	09/14/12	  	  	 	09/14/13	  
	 105454330
	  	 	5,000	  	  	USD	  	Other Permit	  	City of Lake Ozark	  	 	08/01/12	  	  	 	08/01/13	  
	 016042883
	  	 	763,198	  	  	USD	  	Performance	  	Mikrotec CATV, LLC	  	 	04/15/11	  	  	 	04/15/12	  
	 016045449
	  	 	634,765	  	  	USD	  	Performance	  	Country Cablevision, Inc.	  	 	06/03/11	  	  	 	06/03/12	  
	 016051694
	  	 	999,306	  	  	USD	  	Performance	  	Sho-Me Technologies, LLC	  	 	08/10/12	  	  	 	08/10/13	  

																			
	 016051723
	  	 	1,191,671	  	  	USD	  	Performance	  	Country Cablevision, Inc.	  	 	09/20/11	  	  	 	09/20/12	  
	 104876772
	  	 	900,000	  	  	USD	  	Performance	  	Electric Power Board of Chattanooga, TN	  	 	12/26/07	  	  	 	12/31/11	  
	 105723056
	  	 	980,829	  	  	USD	  	Performance	  	Sho-Me Technologies, LLC	  	 	01/20/12	  	  	 	01/20/13	  
	 105723059
	  	 	922,290	  	  	USD	  	Performance	  	Sho-Me Technologies, LLC	  	 	01/20/12	  	  	 	01/20/13	  
	 105723083
	  	 	6,689,599	  	  	USD	  	Performance	  	Country Cablevision, Inc.	  	 	08/20/12	  	  	 	08/20/13	  
	 016045465
	  	 	1,934,250	  	  	USD	  	Performance and Payment	  	Sho-Me Technologies, LLC	  	 	07/08/11	  	  	 	07/08/12	  
	 016045550
	  	 	10,220,813	  	  	USD	  	Performance and Payment	  	Lumbee River Electric Membership Co-op	  	 	09/29/11	  	  	 	09/29/12	  
	 016049954
	  	 	240,854	  	  	USD	  	Performance and Payment	  	Converge IT Solutions LLC	  	 	03/06/12	  	  	 	03/06/13	  
	 016049960
	  	 	614,637	  	  	USD	  	Performance and Payment	  	Level 3 Communications, LLC	  	 	03/07/12	  	  	 	03/07/13	  
	 016052945
	  	 	328,465	  	  	USD	  	Performance and Payment	  	Level 3 Communications, LLC	  	 	10/19/12	  	  	 	10/19/13	  
	 105723068
	  	 	60,367	  	  	USD	  	Performance and Payment	  	Level 3 Communications, LLC	  	 	02/13/12	  	  	 	02/13/13	  
	 105723069
	  	 	151,603	  	  	USD	  	Performance and Payment	  	Level 3 Communications, LLC	  	 	02/13/12	  	  	 	02/13/13	  
	 105723078
	  	 	54,673	  	  	USD	  	Performance and Payment	  	Level 3 Communications, LLC	  	 	02/28/12	  	  	 	02/28/13	  
	 016045619
	  	 	2,500	  	  	USD	  	Right of Way	  	City of Galesburg	  	 	01/30/12	  	  	 	01/30/13	  
	 016049943
	  	 	25,000	  	  	USD	  	Right of Way	  	North Carolina DOT	  	 	02/28/12	  	  	 	02/28/13	  
	 016049955
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Leawood	  	 	03/06/12	  	  	 	03/06/13	  
	 016051669
	  	 	20,000	  	  	USD	  	Right of Way	  	City of Canton	  	 	07/09/12	  	  	 	07/09/13	  
	 016051721
	  	 	1,000	  	  	USD	  	Right of Way	  	City of Hazelwood	  	 	09/06/12	  	  	 	09/06/13	  
	 016051740
	  	 	15,000	  	  	USD	  	Right of Way	  	City of Dixon	  	 	09/28/12	  	  	 	09/28/13	  
	 016052980
	  	 	5,000	  	  	USD	  	Right of Way	  	Village of Bourbonnais	  	 	11/09/12	  	  	 	11/09/13	  
	 103841156
	  	 	5,000	  	  	USD	  	Right of Way	  	Jefferson County MO	  	 	05/24/12	  	  	 	05/24/13	  
	 104279798
	  	 	10,000	  	  	USD	  	Right of Way	  	Missouri Highway and Transportation Commission	  	 	06/08/12	  	  	 	06/08/13	  
	 104876725
	  	 	10,000	  	  	USD	  	Right of Way	  	City of Waterloo	  	 	01/23/12	  	  	 	01/23/13	  
	 105062786
	  	 	20,000	  	  	USD	  	Right of Way	  	Alabama Department of Transportation	  	 	02/01/12	  	  	 	02/01/13	  
	 105205271
	  	 	10,000	  	  	USD	  	Right of Way	  	City of Raleigh	  	 	11/24/11	  	  	 	11/24/12	  
	 105280063
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Crestwood	  	 	08/04/12	  	  	 	08/04/13	  
	 105403799
	  	 	2,000	  	  	USD	  	Right of Way	  	City of Osage Beach	  	 	04/01/12	  	  	 	04/01/13	  
	 105403800
	  	 	32,000	  	  	USD	  	Right of Way	  	City of Warrenton	  	 	04/01/12	  	  	 	04/01/13	  
	 105403818
	  	 	5,000	  	  	USD	  	Right of Way	  	Augusta-Richmond Co.	  	 	05/17/12	  	  	 	05/17/13	  
	 105403825
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Lake St. Louis	  	 	06/02/12	  	  	 	06/02/13	  
	 105403826
	  	 	1,500	  	  	USD	  	Right of Way	  	City of Dardene Prarie	  	 	06/02/12	  	  	 	06/02/13	  
	 105454360
	  	 	2,000	  	  	USD	  	Right of Way	  	City of Clayton	  	 	10/04/12	  	  	 	10/04/13	  
	 105681233
	  	 	25,000	  	  	USD	  	Right of Way	  	City of Terre Haute	  	 	11/01/12	  	  	 	11/01/13	  
	 105681253
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Grovetown	  	 	12/05/11	  	  	 	12/05/12	  
	 105723050
	  	 	50,000	  	  	USD	  	Right of Way	  	City of Rockford	  	 	01/03/12	  	  	 	01/03/13	  
	 105723061
	  	 	50,000	  	  	USD	  	Right of Way	  	City of Cherry Valley	  	 	01/23/12	  	  	 	01/23/13	  

																			
	 016045629
	  	 	50,000	  	  	USD	  	Street Opening	  	City of Kansas City, Missouri	  	 	02/15/12	  	  	 	02/15/13	  
	 104279780
	  	 	10,000	  	  	USD	  	Street Opening	  	Jefferson County MO	  	 	05/26/12	  	  	 	05/26/13	  
	 105046412
	  	 	2,000	  	  	USD	  	Street Opening	  	City of Bridgeton, MO	  	 	03/13/12	  	  	 	03/13/13	  
	 105062789
	  	 	5,000	  	  	USD	  	Street Opening	  	City of Columbia	  	 	03/06/12	  	  	 	03/06/13	  
	 105062792
	  	 	5,000	  	  	USD	  	Street Opening	  	City of Ballwin	  	 	03/27/12	  	  	 	03/27/13	  
	 105681229
	  	 	10,000	  	  	USD	  	Street Opening	  	City of Perrysburg	  	 	10/06/11	  	  	 	12/31/12	  
	 016052992
	  	 	25,000	  	  	USD	  	Street Opening	  	City of Fort Worth, Texas	  	 	11/29/12	  	  	 	11/29/13	  
	 105506540
	  	 	25,000	  	  	USD	  	Wage and Welfare	  	State of Iowa Division of Labor	  	 	06/02/12	  	  	 	06/02/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	32,932,515	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 Globe Communications, LLC 

 

																			
	 016042831
	  	$	10,000	  	  	USD	  	Contractors License	  	State of Arkansas	  	 	02/01/12	  	  	 	02/01/13	  
	 105506519
	  	 	10,000	  	  	USD	  	Contractors License	  	City of Dothan, Alabama	  	 	12/16/11	  	  	 	12/16/12	  
	 105646801
	  	 	10,000	  	  	USD	  	Contractors License	  	City of Warren, OH	  	 	08/29/12	  	  	 	08/29/13	  
	 016045482
	  	 	388,698	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	07/14/11	  	  	 	07/14/12	  
	 016045483
	  	 	375,495	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	07/14/11	  	  	 	07/14/12	  
	 016045496
	  	 	1,056,450	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/05/11	  	  	 	08/05/12	  
	 016045497
	  	 	518,112	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	08/05/11	  	  	 	08/05/12	  
	 016045498
	  	 	1,063,514	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/05/11	  	  	 	08/05/12	  
	 016045506
	  	 	922,419	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/22/11	  	  	 	08/22/12	  
	 016045515
	  	 	318,603	  	  	USD	  	Other Contract Award	  	Windstream Georgia Communications, LLC	  	 	08/25/11	  	  	 	08/25/12	  
	 016045526
	  	 	502,147	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	09/08/11	  	  	 	09/08/12	  
	 016045531
	  	 	286,238	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	09/09/11	  	  	 	09/09/12	  
	 016045536
	  	 	950,230	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	09/15/11	  	  	 	09/15/12	  
	 016045544
	  	 	432,228	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	09/20/11	  	  	 	09/20/12	  
	 016045557
	  	 	251,505	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	10/03/11	  	  	 	10/03/12	  
	 016045567
	  	 	1,483,272	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	10/14/11	  	  	 	10/14/12	  
	 016045586
	  	 	1,112,801	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/08/11	  	  	 	11/08/12	  
	 016049948
	  	 	259,342	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	02/28/12	  	  	 	02/28/13	  
	 016049949
	  	 	275,876	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	02/28/12	  	  	 	02/28/13	  
	 016049952
	  	 	385,250	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	03/02/12	  	  	 	03/02/13	  
	 016049958
	  	 	292,079	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	03/09/12	  	  	 	03/09/13	  
	 016049966
	  	 	727,843	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	03/14/12	  	  	 	03/14/13	  
	 016049967
	  	 	358,548	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	03/14/12	  	  	 	03/14/13	  
	 016049973
	  	 	1,918,561	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	03/22/12	  	  	 	03/22/13	  

																			
	 016049974
	  	 	1,165,785	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	03/22/12	  	  	 	03/22/13	  
	 016049975
	  	 	377,564	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	03/22/12	  	  	 	03/22/13	  
	 016049976
	  	 	290,784	  	  	USD	  	Other Contract Award	  	Georgia Windstream, LLC	  	 	03/22/12	  	  	 	03/22/13	  
	 016049977
	  	 	1,710,991	  	  	USD	  	Other Contract Award	  	Wilkes Telephone and Electric Company	  	 	03/30/12	  	  	 	03/30/13	  
	 016049978
	  	 	953,239	  	  	USD	  	Other Contract Award	  	Wilkes Telephone and Electric Company	  	 	03/30/12	  	  	 	03/30/13	  
	 016049979
	  	 	586,617	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	03/30/12	  	  	 	03/30/13	  
	 016049989
	  	 	542,334	  	  	USD	  	Other Contract Award	  	Georgia Windstream, LLC	  	 	04/12/12	  	  	 	04/12/13	  
	 016049990
	  	 	2,288,219	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	04/12/12	  	  	 	04/12/13	  
	 016049994
	  	 	315,321	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	04/17/12	  	  	 	04/17/13	  
	 016050000
	  	 	291,638	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	04/30/12	  	  	 	04/30/13	  
	 016050033
	  	 	420,956	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	06/22/12	  	  	 	06/22/13	  
	 016050034
	  	 	272,711	  	  	USD	  	Other Contract Award	  	Georgia Windstream, LLC	  	 	06/22/12	  	  	 	06/22/13	  
	 016050035
	  	 	1,459,180	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	06/22/12	  	  	 	06/22/13	  
	 016050038
	  	 	898,354	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	06/27/12	  	  	 	06/27/13	  
	 016050039
	  	 	497,950	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	06/27/12	  	  	 	06/27/13	  
	 016050517
	  	 	408,262	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	05/29/12	  	  	 	05/29/13	  
	 016050564
	  	 	321,642	  	  	USD	  	Other Contract Award	  	Windstream Georgia Communications, LLC	  	 	07/19/12	  	  	 	07/19/13	  
	 016050565
	  	 	725,505	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	07/19/12	  	  	 	07/19/13	  
	 016050568
	  	 	123,499	  	  	USD	  	Other Contract Award	  	CenturyTel Service Group, LLC	  	 	08/03/12	  	  	 	08/03/13	  
	 016051662
	  	 	1,159,504	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	07/02/12	  	  	 	07/02/13	  
	 016051670
	  	 	287,341	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	07/09/12	  	  	 	07/09/13	  
	 016051676
	  	 	1,724,232	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	07/12/12	  	  	 	07/12/13	  
	 016051677
	  	 	325,021	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	07/12/12	  	  	 	07/12/13	  
	 016051680
	  	 	552,009	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	07/18/12	  	  	 	07/18/13	  
	 016051681
	  	 	810,662	  	  	USD	  	Other Contract Award	  	Georgia Windstream, LLC	  	 	07/18/12	  	  	 	07/18/13	  
	 016051692
	  	 	1,785,522	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/06/12	  	  	 	08/06/13	  
	 016051693
	  	 	298,176	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/06/12	  	  	 	08/06/13	  
	 016051698
	  	 	1,843,517	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/13/12	  	  	 	08/13/13	  
	 016051699
	  	 	274,714	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/13/12	  	  	 	08/13/13	  
	 016051700
	  	 	667,721	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/13/12	  	  	 	08/13/13	  
	 016051707
	  	 	661,283	  	  	USD	  	Other Contract Award	  	Wilkes Telephone and Electric Company	  	 	08/20/12	  	  	 	08/20/13	  
	 016051708
	  	 	914,757	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/20/12	  	  	 	08/20/13	  
	 016051709
	  	 	567,565	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/21/12	  	  	 	08/21/13	  
	 016051710
	  	 	1,861,073	  	  	USD	  	Other Contract Award	  	Duo County Telephone Coop	  	 	08/27/12	  	  	 	08/27/13	  
	 016051713
	  	 	1,721,260	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/24/12	  	  	 	08/24/13	  
	 016051714
	  	 	1,399,334	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/24/12	  	  	 	08/24/13	  

																			
	 016051715
	  	 	549,677	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	08/30/12	  	  	 	08/30/13	  
	 016051718
	  	 	671,899	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	09/05/12	  	  	 	09/05/13	  
	 016051720
	  	 	655,358	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	09/06/12	  	  	 	09/06/13	  
	 016052978
	  	 	861,898	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/06/12	  	  	 	11/06/13	  
	 016052981
	  	 	787,902	  	  	USD	  	Other Contract Award	  	Wilkes Telephone and Electric Company	  	 	11/12/12	  	  	 	11/12/13	  
	 105454322
	  	 	4,156,297	  	  	USD	  	Other Contract Award	  	Duo County Telephone Coop	  	 	06/30/10	  	  	 	06/30/11	  
	 105681235
	  	 	2,205,150	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/10/11	  	  	 	11/10/12	  
	 105681236
	  	 	982,552	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/10/11	  	  	 	11/10/12	  
	 105681241
	  	 	261,062	  	  	USD	  	Other Contract Award	  	Georgia Windstream, LLC	  	 	11/17/11	  	  	 	11/17/12	  
	 105681243
	  	 	1,459,059	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/28/11	  	  	 	11/28/12	  
	 105681244
	  	 	340,885	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/29/11	  	  	 	11/29/12	  
	 105681245
	  	 	315,582	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	11/29/11	  	  	 	11/29/12	  
	 105681261
	  	 	345,359	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	12/22/11	  	  	 	12/22/12	  
	 105723045
	  	 	502,373	  	  	USD	  	Other Contract Award	  	Farmers Telephone Cooperative, Inc.	  	 	01/12/12	  	  	 	01/12/13	  
	 105723063
	  	 	363,008	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	01/23/12	  	  	 	01/23/13	  
	 105723065
	  	 	648,740	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	02/03/12	  	  	 	02/03/13	  
	 105723066
	  	 	374,672	  	  	USD	  	Other Contract Award	  	Windstream Georgia Communications, LLC	  	 	02/03/12	  	  	 	02/03/13	  
	 105723071
	  	 	626,740	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	02/17/12	  	  	 	02/17/13	  
	 105723072
	  	 	912,076	  	  	USD	  	Other Contract Award	  	Windstream Standard, LLC	  	 	02/17/12	  	  	 	02/17/13	  
	 105723074
	  	 	444,391	  	  	USD	  	Other Contract Award	  	Windstream Kentucky East, LLC	  	 	02/21/12	  	  	 	02/21/13	  
	 016042821
	  	 	55,000	  	  	USD	  	Other Permit	  	North Carolina Department of Transportation	  	 	01/19/12	  	  	 	01/19/13	  
	 016042822
	  	 	100,000	  	  	USD	  	Other Permit	  	North Carolina Department of Transportation	  	 	01/19/12	  	  	 	01/19/13	  
	 016050024
	  	 	1,647,541	  	  	USD	  	Performance	  	Windstream Kentucky East, LLC	  	 	06/07/12	  	  	 	06/07/13	  
	 016051701
	  	 	179,353	  	  	USD	  	Performance	  	CenturyTel Service Group, LLC	  	 	08/27/12	  	  	 	08/27/13	  
	 016052546
	  	 	1,011,592	  	  	USD	  	Performance	  	Wilkes Telephone and Electric Company	  	 	10/12/12	  	  	 	10/12/13	  
	 016051711
	  	 	614,869	  	  	USD	  	Performance and Payment	  	MCNC	  	 	12/27/11	  	  	 	12/27/12	  
	 105723079
	  	 	3,000,000	  	  	USD	  	Performance and Payment	  	MCNC	  	 	03/21/12	  	  	 	03/21/13	  
	 103677212
	  	 	5,000	  	  	USD	  	Right of Way	  	City of Raleigh, NC	  	 	11/19/11	  	  	 	11/19/12	  
	 105681232
	  	 	500,000	  	  	USD	  	Right of Way	  	North Carolina Department of Transportation	  	 	01/03/12	  	  	 	01/03/13	  
	 016051745
	  	 	16,560	  	  	USD	  	Wage and Welfare	  	West Virginia Division of Labor	  	 	10/12/12	  	  	 	10/12/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	69,008,048	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 Installation Technicians, LLC 

 

																			
	 104023082
	  	$	10,000	  	  	USD	  	Contractors License	  	State of Arkansas	  	 	04/01/12	  	  	 	04/01/13	  
		  	  
	  
	 	  		  		  		  				  			
	 TOTAL
	  	$	10,000	  	  		  		  		  				  			
		  	  
	  
	 	  		  		  		  				  			

 Ivy H. Smith Company, LLC 

 

																					
	 105681248
	  	$	250,000	  	  	 	USD	  	  	Other Contract Award	  	Sumter Electric Coop	  	 	11/28/11	  	  	 	11/28/12	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	250,000	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Lamberts Cable Splicing Company, LLC	  
							
	 016045490
	  	$	1,572,587	  	  	 	USD	  	  	Other Contract Award	  	Wilkes Telephone Membership Corporation	  	 	08/05/11	  	  	 	08/05/12	  
	 105723046
	  	 	200,999	  	  	 	USD	  	  	Other Contract Award	  	Tri-County Telephone Membership Corporation	  	 	12/21/11	  	  	 	12/21/12	  
	 105723047
	  	 	118,266	  	  	 	USD	  	  	Other Contract Award	  	Tri-County Telephone Membership Corporation	  	 	12/21/11	  	  	 	12/21/12	  
	 104767633
	  	 	50,000	  	  	 	USD	  	  	Other License	  	State of Florida	  	 	08/23/12	  	  	 	08/23/13	  
	 016045454
	  	 	605,053	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	07/01/11	  	  	 	07/01/12	  
	 016045472
	  	 	138,840	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	07/29/11	  	  	 	07/29/12	  
	 016045481
	  	 	101,230	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	08/05/11	  	  	 	08/05/12	  
	 016045547
	  	 	163,189	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/06/11	  	  	 	10/06/12	  
	 016045563
	  	 	115,086	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/24/11	  	  	 	10/24/12	  
	 016045564
	  	 	141,323	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/24/11	  	  	 	10/24/12	  
	 016045568
	  	 	98,964	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/27/11	  	  	 	10/27/12	  
	 016045569
	  	 	94,521	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/27/11	  	  	 	10/27/12	  
	 016049962
	  	 	293,453	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	03/27/12	  	  	 	03/27/13	  
	 016049965
	  	 	399,713	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	03/28/12	  	  	 	03/28/13	  
	 016049987
	  	 	209,827	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	04/23/12	  	  	 	04/23/13	  
	 016050011
	  	 	131,411	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	05/28/12	  	  	 	05/28/13	  
	 016050016
	  	 	504,410	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	06/01/12	  	  	 	06/01/13	  
	 016050022
	  	 	211,141	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	06/18/12	  	  	 	06/18/13	  
	 016050031
	  	 	128,402	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	07/05/12	  	  	 	07/05/13	  
	 016050040
	  	 	268,853	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	07/11/12	  	  	 	07/11/13	  
	 016050559
	  	 	126,371	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	07/23/12	  	  	 	07/23/13	  
	 016051666
	  	 	104,285	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	07/17/12	  	  	 	07/17/13	  
	 016051687
	  	 	96,579	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	08/15/12	  	  	 	08/15/13	  
	 016051697
	  	 	464,335	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	08/27/12	  	  	 	08/27/13	  
	 016051732
	  	 	115,484	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/05/12	  	  	 	10/05/13	  
	 016051733
	  	 	99,966	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/05/12	  	  	 	10/05/13	  
	 016051736
	  	 	98,676	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/10/12	  	  	 	10/10/13	  

																					
	 016051739
	  	 	136,191	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/11/12	  	  	 	10/11/13	  
	 016051754
	  	 	109,491	  	  	 	USD	  	  	Performance	  	Tri-County Telephone Membership Corporation	  	 	10/03/12	  	  	 	10/03/13	  
	 016051755
	  	 	149,736	  	  	 	USD	  	  	Performance	  	Tri-County Telephone Membership Corporation	  	 	10/03/12	  	  	 	10/03/13	  
	 016052518
	  	 	89,311	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	09/25/12	  	  	 	09/25/13	  
	 016052543
	  	 	153,773	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/24/12	  	  	 	10/24/13	  
	 016052953
	  	 	90,315	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/24/12	  	  	 	10/24/13	  
	 016052954
	  	 	433,081	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	10/24/12	  	  	 	10/24/13	  
	 016052955
	  	 	141,341	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/07/12	  	  	 	11/07/13	  
	 016052957
	  	 	156,032	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/09/12	  	  	 	11/09/13	  
	 016052973
	  	 	101,373	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/14/12	  	  	 	11/14/13	  
	 016052974
	  	 	94,993	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/12/12	  	  	 	11/12/13	  
	 016052977
	  	 	120,688	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/14/12	  	  	 	11/14/13	  
	 105506504
	  	 	136,225	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/03/10	  	  	 	11/03/11	  
	 105681238
	  	 	506,036	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	11/23/11	  	  	 	11/23/12	  
	 105723067
	  	 	179,636	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	02/23/12	  	  	 	02/23/13	  
	 105723077
	  	 	112,871	  	  	 	USD	  	  	Performance	  	Century Tel Service Group	  	 	03/13/12	  	  	 	03/13/13	  
	 016045447
	  	 	278,531	  	  	 	USD	  	  	Performance and Payment	  	Citizens Telephone Cooperative	  	 	05/31/11	  	  	 	05/31/12	  
	 016045448
	  	 	2,000,373	  	  	 	USD	  	  	Performance and Payment	  	Citizens Telephone Cooperative	  	 	05/31/11	  	  	 	05/31/12	  
	 105506500
	  	 	3,815,000	  	  	 	USD	  	  	Performance and Payment	  	Mid Atlantic Broadband Cooperative	  	 	10/13/10	  	  	 	12/30/12	  
	 105331806
	  	 	3,000	  	  	 	USD	  	  	Toll	  	Pennsylvania Turpike Commission	  	 	01/08/12	  	  	 	01/08/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	15,460,961	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			

 Neocom Solutions, Inc. 

 

																					
	 016042849
	  	$	10,000	  	  	 	USD	  	  	Contractors License	  	County of Mobile	  	 	03/03/12	  	  	 	03/03/13	  
	 016042866
	  	 	100,000	  	  	 	USD	  	  	Contractors License	  	State of Florida	  	 	03/28/12	  	  	 	03/28/13	  
	 016045623
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	City of Brandon	  	 	02/06/12	  	  	 	02/06/13	  
	 016050036
	  	 	20,000	  	  	 	USD	  	  	Contractors License	  	City of Augusta/Richmond County	  	 	06/26/12	  	  	 	06/26/13	  
	 016050037
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	Rankin County	  	 	06/27/12	  	  	 	06/27/13	  
	 016051743
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	City of Mountain Brooks	  	 	10/09/12	  	  	 	10/09/13	  
	 105506525
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	State of Arkansas	  	 	05/18/12	  	  	 	05/18/13	  
	 105646803
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	Cobb County	  	 	09/02/12	  	  	 	09/02/13	  
	 105646804
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	Cobb County	  	 	09/02/12	  	  	 	09/02/13	  
	 105681254
	  	 	1,000	  	  	 	USD	  	  	Contractors License	  	City of North Augusta	  	 	12/07/11	  	  	 	12/31/12	  
	 016052946
	  	 	1,000	  	  	 	USD	  	  	Other Permit	  	Columbia County	  	 	10/19/12	  	  	 	10/19/13	  
	 016052947
	  	 	5,000	  	  	 	USD	  	  	Other Permit	  	City of Fairfield	  	 	10/19/12	  	  	 	10/19/13	  

																					
	 016049941
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Clinton	  	 	02/24/12	  	  	 	02/24/13	  
	 016051731
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of West Memphis	  	 	09/25/12	  	  	 	09/25/13	  
	 105681237
	  	 	2,500	  	  	 	USD	  	  	Right of Way	  	State of Tennessee DOT	  	 	11/11/12	  	  	 	11/11/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	204,500	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Nichols Construction, LLC	  
							
	 016045466
	  	$	76,700	  	  	 	USD	  	  	Performance and Payment	  	Mid-Atlantic Broadband Cooperative	  	 	07/01/11	  	  	 	07/01/12	  
	 016045539
	  	 	2,885,503	  	  	 	USD	  	  	Performance and Payment	  	Citizens Telephone Cooperative, Inc.	  	 	09/16/11	  	  	 	09/16/12	  
	 105454357
	  	 	3,500,000	  	  	 	USD	  	  	Performance and Payment	  	Mid-Atlantic Broadband Cooperative	  	 	10/01/10	  	  	 	12/31/11	  
	 105506506
	  	 	250,000	  	  	 	USD	  	  	Street Opening	  	Mid-Atlantic Broadband Cooperative	  	 	11/01/12	  	  	 	11/01/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	6,712,203	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Niels Fugal Sons Company, LLC	  
							
	 016042812
	  	$	5,000	  	  	 	USD	  	  	Contractors License	  	City of Durango, Colorado	  	 	01/06/12	  	  	 	01/06/13	  
	 016042813
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	City of Grand Junction, Colorado	  	 	01/10/12	  	  	 	01/10/13	  
	 016042814
	  	 	15,000	  	  	 	USD	  	  	Contractors License	  	Wasatch County	  	 	01/10/12	  	  	 	01/10/13	  
	 016042847
	  	 	12,000	  	  	 	USD	  	  	Contractors License	  	State of Washington	  	 	03/01/12	  	  	 	03/01/13	  
	 016042857
	  	 	90,000	  	  	 	USD	  	  	Contractors License	  	State of Arizona	  	 	03/17/12	  	  	 	03/17/13	  
	 016042888
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	State of New Mexico	  	 	04/20/12	  	  	 	04/20/13	  
	 016042889
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	Spanish Fork City	  	 	04/20/12	  	  	 	04/20/13	  
	 105506516
	  	 	50,000	  	  	 	USD	  	  	Contractors License	  	Nevada State Contractors Board	  	 	12/06/11	  	  	 	12/06/12	  
	 105542410
	  	 	12,500	  	  	 	USD	  	  	Contractors License	  	State of California	  	 	05/06/12	  	  	 	05/06/13	  
	 105646788
	  	 	75,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	07/13/12	  	  	 	07/13/13	  
	 105646798
	  	 	12,500	  	  	 	USD	  	  	Contractors License	  	State of California	  	 	08/12/12	  	  	 	08/12/13	  
	 105646808
	  	 	50,000	  	  	 	USD	  	  	Contractors License	  	Nevada State Contractors Board	  	 	09/15/12	  	  	 	09/15/13	  
	 016045576
	  	 	2,421,436	  	  	 	USD	  	  	Other Contract Award	  	RT Communications, Inc.	  	 	11/01/11	  	  	 	11/01/12	  
	 016050018
	  	 	937,262	  	  	 	USD	  	  	Other Contract Award	  	Tularosa Basin Telephone Company, Inc.	  	 	05/23/12	  	  	 	05/23/13	  
	 016052985
	  	 	1,265,119	  	  	 	USD	  	  	Other Contract Award	  	Penasco Valley Telephone Cooperative, Inc.	  	 	11/12/12	  	  	 	11/12/13	  
	 016042910
	  	 	1,000	  	  	 	USD	  	  	Other License	  	Utah Department of Public Safety	  	 	05/11/12	  	  	 	05/11/13	  
	 016045432
	  	 	10,000	  	  	 	USD	  	  	Other License	  	West Jordan City	  	 	05/16/12	  	  	 	05/16/13	  
	 105646787
	  	 	25,000	  	  	 	USD	  	  	Other License	  	Ogden City	  	 	07/13/12	  	  	 	07/13/13	  
	 016042825
	  	 	5,000	  	  	 	USD	  	  	Other Permit	  	Utah County Public Works	  	 	01/24/12	  	  	 	01/24/13	  
	 016042830
	  	 	50,800	  	  	 	USD	  	  	Other Permit	  	UDEQ Division of Solid and Hazardous Waste	  	 	02/01/12	  	  	 	02/01/13	  
	 016042908
	  	 	10,000	  	  	 	USD	  	  	Other Permit	  	West Valley City	  	 	05/05/12	  	  	 	05/05/13	  

																					
	 016045561
	  	 	929,698	  	  	 	USD	  	  	Performance and Payment	  	Utah Transit Authority	  	 	10/11/11	  	  	 	10/11/12	  
	 016051661
	  	 	50,000	  	  	 	USD	  	  	Performance and Payment	  	Eagle Mountain City	  	 	06/28/12	  	  	 	06/28/13	  
	 105506524
	  	 	2,000,000	  	  	 	USD	  	  	Performance and Payment	  	Provo Rivers Constructors, Inc.	  	 	01/27/11	  	  	 	01/27/12	  
	 016042837
	  	 	50,000	  	  	 	USD	  	  	Right of Way	  	City of El Paso	  	 	02/11/12	  	  	 	02/11/13	  
	 016042838
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of Saint George	  	 	02/11/12	  	  	 	02/11/13	  
	 016049972
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Provo City Corporation	  	 	03/22/12	  	  	 	03/22/13	  
	 016050010
	  	 	25,000	  	  	 	USD	  	  	Right of Way	  	Utah Department of Transportation	  	 	05/10/12	  	  	 	05/10/15	  
	 016051667
	  	 	25,000	  	  	 	USD	  	  	Right of Way	  	Utah Department of Transportation	  	 	07/06/12	  	  	 	07/06/15	  
	 016051668
	  	 	25,000	  	  	 	USD	  	  	Right of Way	  	Utah Department of Transportation	  	 	07/06/12	  	  	 	07/06/15	  
	 016051726
	  	 	251,937	  	  	 	USD	  	  	Right of Way	  	Utah County Public Works	  	 	09/10/12	  	  	 	09/10/13	  
	 016052975
	  	 	25,000	  	  	 	USD	  	  	Right of Way	  	Utah Department of Transportation	  	 	11/01/12	  	  	 	11/01/15	  
	 105506520
	  	 	35,000	  	  	 	USD	  	  	Right of Way	  	Provo City Corporation	  	 	12/14/11	  	  	 	12/14/12	  
	 105506526
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of Cedar Hills	  	 	05/24/12	  	  	 	05/24/13	  
	 105506530
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Toquerville City	  	 	05/27/12	  	  	 	05/27/13	  
	 105646799
	  	 	15,000	  	  	 	USD	  	  	Right of Way	  	Salt Lake City Corporation	  	 	09/27/10	  	  	 	07/20/12	  
	 105646809
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Washington County	  	 	09/14/12	  	  	 	09/14/13	  
	 105681256
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Brigham City	  	 	12/16/11	  	  	 	12/16/12	  
	 105681257
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of Lindon	  	 	12/16/11	  	  	 	12/16/12	  
	 105681258
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Pleasant Grove City	  	 	12/16/11	  	  	 	12/16/12	  
	 105681259
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of American Fork	  	 	12/16/11	  	  	 	12/16/12	  
	 105681262
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Payson City	  	 	01/05/12	  	  	 	01/05/13	  
	 105681264
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Springville City	  	 	01/05/12	  	  	 	01/05/13	  
	 105723048
	  	 	4,000	  	  	 	USD	  	  	Right of Way	  	Alpine City	  	 	01/05/12	  	  	 	01/05/13	  
	 105723049
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Heber City	  	 	01/05/12	  	  	 	01/05/13	  
	 105723051
	  	 	20,000	  	  	 	USD	  	  	Right of Way	  	Bountiful City	  	 	01/05/12	  	  	 	01/05/13	  
	 105723054
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	South Weber City	  	 	01/06/12	  	  	 	01/06/13	  
	 105723057
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Syracuse City	  	 	01/17/12	  	  	 	01/17/13	  
	 105723058
	  	 	20,000	  	  	 	USD	  	  	Right of Way	  	Kaysville City	  	 	01/17/12	  	  	 	01/17/13	  
	 105723060
	  	 	4,000	  	  	 	USD	  	  	Right of Way	  	Weber County	  	 	01/18/12	  	  	 	01/18/13	  
	 016045502
	  	 	30,000	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	08/17/12	  	  	 	08/17/13	  
	 016049950
	  	 	44,100	  	  	 	USD	  	  	Sales Tax	  	State of Oklahoma	  	 	03/01/12	  	  	 	03/01/13	  
	 016049951
	  	 	96,800	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	03/01/12	  	  	 	03/01/13	  
	 016050017
	  	 	263,667	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	05/23/12	  	  	 	05/23/13	  
	 016051737
	  	 	92,250	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	09/27/12	  	  	 	09/27/13	  
	 016051738
	  	 	87,640	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	09/27/12	  	  	 	09/27/13	  

																					
	 016052949
	  	 	3,950	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	10/23/12	  	  	 	10/23/13	  
	 016052950
	  	 	1,656	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	10/23/12	  	  	 	10/23/13	  
	 016052951
	  	 	7,160	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	10/23/12	  	  	 	10/23/13	  
	 016052952
	  	 	7,370	  	  	 	USD	  	  	Sales Tax	  	State of Wyoming	  	 	10/23/12	  	  	 	10/23/13	  
	 016050014
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Salt Lake County	  	 	05/16/12	  	  	 	05/16/13	  
	 105646785
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	La Verkin City	  	 	07/06/12	  	  	 	07/06/13	  
	 016045504
	  	 	110,000	  	  	 	USD	  	  	Subcontract Performance and Subcontract Payment	  	Kiewit Western Co.	  	 	08/19/11	  	  	 	08/19/12	  
	 016045562
	  	 	904,896	  	  	 	USD	  	  	Subcontract Performance and Subcontract Payment	  	Mass Electric Construction Company	  	 	10/11/11	  	  	 	10/11/12	  
	 105062829
	  	 	2,663,685	  	  	 	USD	  	  	Subcontract Performance and Subcontract Payment	  	Mass Electric Construction Company	  	 	07/18/08	  	  	 	07/18/09	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	13,025,426	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Prince Telecom Holdings, Inc	  
							
	 016049985
	  	$	10,000	  	  	 	USD	  	  	Contractors License	  	State of New Mexico	  	 	04/05/12	  	  	 	04/05/13	  
	 016052984
	  	 	50,000	  	  	 	USD	  	  	Contractors License	  	City of Missoula, Montana	  	 	11/14/12	  	  	 	11/14/13	  
	 104637633
	  	 	30,000	  	  	 	USD	  	  	Contractors License	  	State of Nevada	  	 	07/23/12	  	  	 	07/23/13	  
	 104767647
	  	 	4,000	  	  	 	USD	  	  	Contractors License	  	State of Washington	  	 	12/14/11	  	  	 	12/14/12	  
	 105331769
	  	 	20,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	08/26/12	  	  	 	08/26/13	  
	 105331770
	  	 	75,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	08/26/12	  	  	 	08/26/13	  
	 105331793
	  	 	12,500	  	  	 	USD	  	  	Contractors License	  	State of California	  	 	10/16/12	  	  	 	10/16/13	  
	 105331796
	  	 	12,500	  	  	 	USD	  	  	Contractors License	  	State of California	  	 	10/15/12	  	  	 	10/15/13	  
	 105506532
	  	 	8,000	  	  	 	USD	  	  	Contractors License	  	State of Minnesota	  	 	06/13/12	  	  	 	06/13/13	  
	 016042827
	  	 	10,000	  	  	 	USD	  	  	Other License	  	State of Delaware	  	 	01/28/12	  	  	 	01/28/13	  
	 016050029
	  	 	10,000	  	  	 	USD	  	  	Other License	  	State of Delaware	  	 	06/19/12	  	  	 	06/19/13	  
	 016050030
	  	 	10,000	  	  	 	USD	  	  	Other License	  	State of New Jersey	  	 	06/19/12	  	  	 	01/31/14	  
	 016050020
	  	 	1,000	  	  	 	USD	  	  	Other Permit	  	City of Greeley Colorado	  	 	05/25/12	  	  	 	05/25/13	  
	 016051712
	  	 	5,000	  	  	 	USD	  	  	Other Permit	  	City of Rawlings	  	 	08/22/12	  	  	 	08/22/13	  
	 016051758
	  	 	10,000	  	  	 	USD	  	  	Performance	  	Otelco Telecommunications, LLC	  	 	10/22/12	  	  	 	10/22/13	  
	 016049997
	  	 	11,000	  	  	 	USD	  	  	Wage and Welfare	  	State of Wyoming	  	 	04/27/12	  	  	 	04/27/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	279,000	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	RJE Canada, ULC	  
							
	 105154960
	  	 	CAD 204,837	  	  	 	CAD	  	  	Performance	  	SaskTel	  	 	07/30/08	  	  	 	07/30/09	  
	 105454323
	  	 	650,000	  	  	 	CAD	  	  	Performance	  	SaskTel	  	 	07/07/10	  	  	 	07/07/11	  

																					
	 105723075
	  	 	8,555,725	  	  	 	CAD	  	  	Performance	  	SaskTel	  	 	01/01/12	  	  	 	01/01/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	 	CAD 9,410,562	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	RJE Telecom, LLC	  
							
	 104343448
	  	$	10,000	  	  	 	USD	  	  	Contractors License	  	California Contractors State License Board	  	 	09/21/12	  	  	 	09/21/13	  
	 105506510
	  	 	12,500	  	  	 	USD	  	  	Contractors License	  	California Contractors State License Board	  	 	11/01/12	  	  	 	11/01/13	  
	 104343583
	  	 	2,000	  	  	 	USD	  	  	Contractors License	  	State of Arizona	  	 	04/28/12	  	  	 	04/28/13	  
	 104528962
	  	 	3,500	  	  	 	USD	  	  	Contractors License	  	State of Arizona	  	 	07/31/12	  	  	 	07/31/13	  
	 104637621
	  	 	4,000	  	  	 	USD	  	  	Contractors License	  	State of Washington	  	 	03/29/12	  	  	 	03/29/13	  
	 104876740
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	New Mexico Regulation and Licensing Department	  	 	07/31/12	  	  	 	07/31/13	  
	 105403801
	  	 	15,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	04/08/12	  	  	 	04/08/13	  
	 105403802
	  	 	20,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	04/08/12	  	  	 	04/08/13	  
	 016042832
	  	 	304,821	  	  	 	USD	  	  	Performance and Payment	  	Mid-Atlantic Broadband Cooperative	  	 	02/02/11	  	  	 	02/02/12	  
	 016051696
	  	 	25,000	  	  	 	USD	  	  	Right of Way	  	Lee County Southwest Florida	  	 	08/10/12	  	  	 	08/10/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	406,821	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Star Construction, LLC	  
							
	 105723084
	  	$	3,993,333	  	  	 	USD	  	  	Other Contract Award	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	09/13/12	  	  	 	09/13/13	  
	 104767655
	  	 	1,000	  	  	 	USD	  	  	Other License	  	Kentucky Transportation Cabinet	  	 	11/10/12	  	  	 	11/10/13	  
	 104637628
	  	 	40,000	  	  	 	USD	  	  	Other Permit	  	Metropolitan Government of Nashville & Davidson County TN	  	 	05/05/12	  	  	 	05/05/13	  
	 016043074
	  	 	136,528	  	  	 	USD	  	  	Performance	  	APAC Atlantic, Inc. Harrison Division	  	 	02/07/11	  	  	 	02/07/12	  
	 016045434
	  	 	1,139,356	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	05/19/11	  	  	 	05/19/12	  
	 016045435
	  	 	1,456,972	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	05/19/11	  	  	 	05/19/12	  
	 016045446
	  	 	1,971,928	  	  	 	USD	  	  	Performance	  	Highland Telephone Cooperative, Inc.	  	 	06/01/11	  	  	 	06/01/12	  
	 016045489
	  	 	6,640,907	  	  	 	USD	  	  	Performance	  	Highland Telephone Cooperative, Inc.	  	 	08/03/11	  	  	 	08/03/12	  
	 016045508
	  	 	50,000	  	  	 	USD	  	  	Performance	  	TDS Telecommunications Corporation	  	 	08/25/11	  	  	 	09/01/14	  
	 016045509
	  	 	50,000	  	  	 	USD	  	  	Performance	  	TDS Telecommunications Corporation	  	 	08/25/11	  	  	 	09/01/14	  
	 016045518
	  	 	3,049,204	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	09/01/11	  	  	 	09/01/12	  
	 016045560
	  	 	3,663,396	  	  	 	USD	  	  	Performance	  	Twin Lakes Telephone Cooperative Corp	  	 	10/07/11	  	  	 	10/07/12	  
	 016045565
	  	 	50,000	  	  	 	USD	  	  	Performance	  	TDS Telecommunications Corporation	  	 	10/12/11	  	  	 	10/12/12	  
	 016050518
	  	 	1,028,931	  	  	 	USD	  	  	Performance	  	Palmetto Rural Telephone Cooperative, Inc.	  	 	06/12/12	  	  	 	06/12/13	  
	 016051756
	  	 	84,535	  	  	 	USD	  	  	Performance	  	CenturyTel Service Group, LLC	  	 	10/29/12	  	  	 	10/29/13	  
	 016052522
	  	 	195,534	  	  	 	USD	  	  	Performance	  	CenturyTel Service Group, LLC	  	 	09/21/12	  	  	 	09/21/13	  

																					
	 016052976
	  	 	96,450	  	  	 	USD	  	  	Performance	  	CenturyTel Service Group, LLC	  	 	11/15/12	  	  	 	11/15/13	  
	 105454358
	  	 	2,704,846	  	  	 	USD	  	  	Performance	  	North Central Telephone Coop	  	 	10/12/10	  	  	 	10/12/11	  
	 105681239
	  	 	3,160,188	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	11/16/11	  	  	 	11/16/12	  
	 105681240
	  	 	1,050,395	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	11/16/11	  	  	 	11/16/12	  
	 105681255
	  	 	1,166,058	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	12/09/11	  	  	 	12/09/12	  
	 105723080
	  	 	3,563,512	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Cooperative Corp, Inc.	  	 	04/18/12	  	  	 	04/18/13	  
	 016045532
	  	 	120,016	  	  	 	USD	  	  	Performance and Payment	  	Summers-Taylor Inc.	  	 	09/14/11	  	  	 	09/14/12	  
	 016049963
	  	 	144,889	  	  	 	USD	  	  	Performance and Payment	  	Concord Telephone Exchange, Inc. dba TDS Telecom	  	 	03/12/12	  	  	 	03/12/13	  
	 105506505
	  	 	126,770	  	  	 	USD	  	  	Performance and Payment	  	Summers-Taylor Inc.	  	 	10/26/10	  	  	 	10/26/11	  
	 016052987
	  	 	369,463	  	  	 	USD	  	  	Performance and Payment	  	Tennessee Telephone Company	  	 	11/06/12	  	  	 	11/06/13	  
	 016052991
	  	 	1,078,042	  	  	 	USD	  	  	Performance	  	West Kentucky Rural Telephone Coorperative	  	 	11/28/12	  	  	 	11/28/13	  
	 103357725
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Shelby County (Alabama) Dept of Transportation	  	 	02/09/12	  	  	 	02/09/13	  
	 103891654
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Jefferson County Roads & Transportation Dept	  	 	09/17/12	  	  	 	09/17/13	  
	 104343467
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of Morristown, TN	  	 	11/09/12	  	  	 	11/09/13	  
	 104343525
	  	 	30,000	  	  	 	USD	  	  	Right of Way	  	City of Helena	  	 	03/01/12	  	  	 	03/01/13	  
	 104343541
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Gallatin	  	 	04/18/12	  	  	 	04/18/13	  
	 104343543
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Lebanon	  	 	03/28/12	  	  	 	03/28/13	  
	 104547218
	  	 	2,500	  	  	 	USD	  	  	Right of Way	  	Town of Kimberly	  	 	08/09/12	  	  	 	08/09/13	  
	 104876742
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Chattanooga	  	 	06/05/12	  	  	 	06/05/13	  
	 105154972
	  	 	50,000	  	  	 	USD	  	  	Right of Way	  	City of Jasper, TN	  	 	08/01/12	  	  	 	08/01/13	  
	 105331799
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Williamson County Highway Department	  	 	11/16/11	  	  	 	11/16/12	  
	 105403811
	  	 	50,000	  	  	 	USD	  	  	Right of Way	  	City of Brentwood	  	 	04/28/11	  	  	 	04/28/12	  
	 103359063
	  	 	7,500	  	  	 	USD	  	  	Street Opening	  	City of Spring Hill	  	 	04/04/12	  	  	 	04/04/13	  
	 103592593
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Surgoinsville	  	 	04/02/12	  	  	 	04/02/13	  
	 105506503
	  	 	1,000	  	  	 	USD	  	  	Street Opening	  	City of Niota	  	 	10/21/12	  	  	 	10/21/13	  
	 105646790
	  	 	25,000	  	  	 	USD	  	  	Street Opening	  	City of Chattanooga	  	 	07/22/12	  	  	 	07/22/13	  
	 016045494
	  	 	775,466	  	  	 	USD	  	  	Subcontract Performance and Subcontract Payment	  	Charles Blalock & Sons Inc., Tennessee DOT	  	 	08/04/11	  	  	 	08/04/12	  
	 016049959
	  	 	1,377,056	  	  	 	USD	  	  	Subcontract Performance and Subcontract Payment	  	Charles Blalock & Sons Inc., Tennessee DOT	  	 	03/07/12	  	  	 	03/07/13	  
	 016052959
	  	 	108,826	  	  	 	USD	  	  	Subcontract Performance and Subcontract Payment	  	Charles Blalock & Sons Inc.	  	 	10/29/12	  	  	 	10/29/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	39,614,601	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			

																					
	TCS Communications, LLC	  
							
	 103694527
	  	$	 10,000	  	  	 	USD	  	  	Contractors License	  	City of Wheat Ridge, CO	  	 	01/23/12	  	  	 	01/23/13	  
	 103694528
	  	 	2,000	  	  	 	USD	  	  	Contractors License	  	City of Golden, CO	  	 	01/28/12	  	  	 	01/28/13	  
	 103792930
	  	 	20,000	  	  	 	USD	  	  	Contractors License	  	Arapahoe County, CO	  	 	03/13/12	  	  	 	03/13/13	  
	 103817749
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	Orange County Government Florida	  	 	09/30/12	  	  	 	09/30/13	  
	 103841177
	  	 	20,000	  	  	 	USD	  	  	Contractors License	  	City of Arvada, CO	  	 	03/01/12	  	  	 	03/01/13	  
	 103841179
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	City of Orlando, State of Florida	  	 	09/30/12	  	  	 	09/30/13	  
	 104279808
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	Polk County Building Division	  	 	06/25/12	  	  	 	06/25/13	  
	 104343413
	  	 	14,250	  	  	 	USD	  	  	Contractors License	  	State of Arizona Registrar of Contractors	  	 	08/05/12	  	  	 	08/05/13	  
	 105280030
	  	 	100,000	  	  	 	USD	  	  	Contractors License	  	Florida Department of Business & Professional Regulation	  	 	05/28/12	  	  	 	05/28/13	  
	 105403804
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	Osceola County Board of County Commissioners	  	 	09/30/12	  	  	 	09/30/13	  
	 105506537
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	State of New Mexico	  	 	06/23/12	  	  	 	06/23/13	  
	 105681263
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	City of Colorado Springs	  	 	12/27/11	  	  	 	12/27/12	  
	 016045477
	  	 	318,493	  	  	 	USD	  	  	Other Contract Award	  	Windstream Communications, Inc.	  	 	07/25/11	  	  	 	07/25/12	  
	 016046169
	  	 	551,502	  	  	 	USD	  	  	Other Contract Award	  	Windstream Sugar Land, Inc.	  	 	10/19/11	  	  	 	10/19/12	  
	 016050003
	  	 	27,023,395	  	  	 	USD	  	  	Other Contract Award	  	Kit Carson Electric Cooperative	  	 	05/03/12	  	  	 	05/03/13	  
	 105681249
	  	 	1,014,778	  	  	 	USD	  	  	Other Contract Award	  	Oklahoma Windstream, LLC	  	 	11/30/11	  	  	 	11/30/12	  
	 105723064
	  	 	340,028	  	  	 	USD	  	  	Other Contract Award	  	Valor Telecommunications of Texas, Inc.	  	 	02/02/12	  	  	 	02/02/13	  
	 103382796
	  	 	750,000	  	  	 	USD	  	  	Other Financial Guarantee	  	Bright House Networks	  	 	08/30/12	  	  	 	08/30/13	  
	 105062807
	  	 	7,000	  	  	 	USD	  	  	Other Financial Guarantee	  	Arizona Department of Revenue	  	 	05/14/12	  	  	 	05/14/13	  
	 105129809
	  	 	15,000	  	  	 	USD	  	  	Other Permit	  	City of Albuqueque, NM	  	 	07/25/12	  	  	 	07/25/13	  
	 016049992
	  	 	47,365	  	  	 	USD	  	  	Performance	  	CenturyTel Service Group, LLC	  	 	04/16/12	  	  	 	04/16/13	  
	 016052982
	  	 	176,432	  	  	 	USD	  	  	Performance	  	CenturyTel Service Group, LLC	  	 	11/12/12	  	  	 	11/12/13	  
	 016052986
	  	 	1,296,104	  	  	 	USD	  	  	Performance	  	Kit Carson Electric Cooperative	  	 	11/15/12	  	  	 	11/15/13	  
	 016050021
	  	 	954,777	  	  	 	USD	  	  	Performance and Payment	  	G4S Technology LLC	  	 	05/25/12	  	  	 	05/25/13	  
	 016049942
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Cherry Hills Village	  	 	02/24/12	  	  	 	03/31/14	  
	 016051704
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	Colfax County	  	 	08/16/12	  	  	 	08/16/13	  
	 103694526
	  	 	20,000	  	  	 	USD	  	  	Right of Way	  	City of Aurora, CO	  	 	01/14/12	  	  	 	01/14/13	  
	 103694529
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Adams County, CO	  	 	01/14/12	  	  	 	01/14/13	  
	 103959022
	  	 	20,000	  	  	 	USD	  	  	Right of Way	  	City of Englewood, CO	  	 	01/06/12	  	  	 	01/06/13	  
	 104023100
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Northglenn, CO	  	 	03/01/12	  	  	 	03/01/13	  
	 105062822
	  	 	20,000	  	  	 	USD	  	  	Right of Way	  	City of Centennial	  	 	06/24/12	  	  	 	06/24/13	  
	 105154962
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Bernalillo County, NM	  	 	07/28/12	  	  	 	07/28/13	  
	 105154964
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of Santa Fe, NM	  	 	07/29/12	  	  	 	07/29/13	  
	 105280041
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Cherry Hills Village	  	 	06/10/11	  	  	 	06/10/13	  
	 105331772
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	City of Cherry Hills Village	  	 	08/28/11	  	  	 	08/28/13	  

																					
	 016051719
	  	 	1,300	  	  	 	USD	  	  	Street Obstruction	  	Tonks Properties	  	 	09/06/12	  	  	 	09/06/13	  
	 105227040
	  	 	15,000	  	  	 	USD	  	  	Street Obstruction	  	Bernalillo County, NM	  	 	03/25/12	  	  	 	03/25/13	  
	 105280051
	  	 	5,000	  	  	 	USD	  	  	Street Obstruction	  	City of Greenwood Village, CO	  	 	06/30/12	  	  	 	06/30/13	  
	 016051671
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Village of Angel Fire	  	 	07/10/12	  	  	 	07/10/13	  
	 016051679
	  	 	25,000	  	  	 	USD	  	  	Street Opening	  	Taos County	  	 	07/13/12	  	  	 	07/13/13	  
	 016051691
	  	 	25,000	  	  	 	USD	  	  	Street Opening	  	Taos County	  	 	08/02/12	  	  	 	08/02/13	  
	 016051695
	  	 	30,000	  	  	 	USD	  	  	Street Opening	  	Jefferson County Dept of Highway and Transportation	  	 	08/10/12	  	  	 	08/10/13	  
	 016051716
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Taos	  	 	08/31/12	  	  	 	08/31/13	  
	 016051717
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	Taos County	  	 	09/05/12	  	  	 	09/05/13	  
	 103508022
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	City and County of Denver	  	 	12/28/11	  	  	 	12/28/12	  
	 104023099
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	City of Littleton, CO	  	 	03/01/12	  	  	 	03/01/13	  
	 105129807
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	City of Rio Rancho	  	 	07/25/12	  	  	 	07/25/13	  
	 105129808
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	City of Albuqueque, NM	  	 	07/25/12	  	  	 	07/25/13	  
	 105280053
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Manitou Springs, CO	  	 	07/07/12	  	  	 	07/07/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	33,062,424	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Tesinc, LLC	  
							
	 103357598
	  	$	4,000	  	  	 	USD	  	  	Contractors License	  	State of Washington	  	 	10/19/12	  	  	 	10/19/13	  
	 103661596
	  	 	4,000	  	  	 	USD	  	  	Contractors License	  	Washington Dept of Labor & Industries	  	 	07/01/12	  	  	 	07/01/13	  
	 104023083
	  	 	10,000	  	  	 	USD	  	  	Contractors License	  	State of California	  	 	04/01/12	  	  	 	04/01/13	  
	 104023084
	  	 	7,500	  	  	 	USD	  	  	Contractors License	  	State of California	  	 	04/01/12	  	  	 	04/01/13	  
	 104023085
	  	 	12,000	  	  	 	USD	  	  	Contractors License	  	Washington Dept of Labor & Industries	  	 	03/04/12	  	  	 	03/04/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	37,500	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	Underground Specialties, LLC	  
							
	 104023067
	  	$	12,000	  	  	 	USD	  	  	Contractors License	  	State of Washington Dept of Labor & Industries	  	 	04/01/12	  	  	 	04/01/13	  
	 104023096
	  	 	5,000	  	  	 	USD	  	  	Contractors License	  	State of NM	  	 	04/01/12	  	  	 	04/01/13	  
	 105403806
	  	 	20,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	04/13/12	  	  	 	04/13/13	  
	 105403807
	  	 	75,000	  	  	 	USD	  	  	Contractors License	  	State of Oregon	  	 	04/13/12	  	  	 	04/13/13	  
	 016050027
	  	 	354,975	  	  	 	USD	  	  	Other Contract Award	  	Warm Springs Telecommunications Company	  	 	06/15/12	  	  	 	06/15/13	  
	 016051664
	  	 	1,601,203	  	  	 	USD	  	  	Other Contract Award	  	Cascade Utilities Inc.	  	 	07/06/12	  	  	 	07/06/13	  
	 104279769
	  	 	4,500	  	  	 	USD	  	  	Other Financial Guarantee	  	State of Oregon	  	 	05/05/12	  	  	 	05/05/13	  
	 104597107
	  	 	20,000	  	  	 	USD	  	  	Other Permit	  	Oregon Department of Transportation	  	 	12/21/11	  	  	 	12/21/12	  

																					
	 016042856
	  	 	5,091,991	  	  	 	USD	  	  	Performance and Payment	  	Northwest Open Access Network	  	 	03/15/11	  	  	 	03/15/12	  
	 105454355
	  	 	10,000	  	  	 	USD	  	  	Street Obstruction	  	City of Spokane	  	 	09/17/12	  	  	 	09/17/14	  
	 105723081
	  	 	10,000	  	  	 	USD	  	  	Street Obstruction	  	Spokane County	  	 	10/19/12	  	  	 	10/19/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	7,204,669	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	UtiliQuest, LLC	  
							
	 105784137
	  	$	563,157	  	  	 	USD	  	  	Performance	  	Nashville Electric Services	  	 	07/31/12	  	  	 	07/31/13	  
	 105129810
	  	 	330,000	  	  	 	USD	  	  	Performance and Payment	  	City of Riverside - Public Utilities	  	 	07/29/08	  	  	 	07/01/11	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	893,157	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	
	White Mountain Cable Construction, LLC	  
							
	 105723070
	  	$	753,876	  	  	 	USD	  	  	Other Contract Award	  	Sovernet Fiber Corporation	  	 	02/14/12	  	  	 	02/14/13	  
	 105723082
	  	 	2,599,400	  	  	 	USD	  	  	Other Contract Award	  	Sovernet Fiber Corporation	  	 	06/27/12	  	  	 	06/27/13	  
	 105762873
	  	 	1,242,936	  	  	 	USD	  	  	Other Contract Award	  	Sovernet Fiber Corporation	  	 	03/26/12	  	  	 	03/26/13	  
	 105791628
	  	 	3,606,812	  	  	 	USD	  	  	Other Contract Award	  	Sovernet Fiber Corporation	  	 	05/25/12	  	  	 	05/25/13	  
	 016042880
	  	 	5,000	  	  	 	USD	  	  	Other Permit	  	Town of Stoughton	  	 	04/13/12	  	  	 	04/13/13	  
	 105646797
	  	 	10,000	  	  	 	USD	  	  	Other Permit	  	Connecticut Department of Transportation	  	 	08/04/12	  	  	 	08/04/13	  
	 104876749
	  	 	1,000,000	  	  	 	USD	  	  	Performance	  	Town of Sudbury, MA	  	 	07/26/11	  	  	 	07/26/13	  
	 016045622
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Town of Simsbury, CT	  	 	02/02/12	  	  	 	02/02/13	  
	 105227041
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Town of Sutton, MA	  	 	03/31/12	  	  	 	03/31/13	  
	 105280034
	  	 	100,000	  	  	 	USD	  	  	Right of Way	  	Town of Ashland, MA	  	 	06/04/12	  	  	 	06/04/13	  
	 105280055
	  	 	50,000	  	  	 	USD	  	  	Right of Way	  	Town of Westborough	  	 	07/21/12	  	  	 	07/21/13	  
	 105280058
	  	 	2,000	  	  	 	USD	  	  	Right of Way	  	Town of Canton, MA	  	 	07/28/12	  	  	 	07/28/13	  
	 105280071
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Town of Marshfield, MA	  	 	08/12/12	  	  	 	08/12/13	  
	 105506538
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Town of Farmington, CT	  	 	06/27/12	  	  	 	06/27/13	  
	 105646793
	  	 	500,000	  	  	 	USD	  	  	Right of Way	  	Town of Walpole	  	 	08/01/12	  	  	 	08/01/13	  
	 105646794
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Town of Maynard	  	 	08/01/12	  	  	 	08/01/13	  
	 105646795
	  	 	5,000	  	  	 	USD	  	  	Right of Way	  	Town of Hudson	  	 	08/01/12	  	  	 	08/01/13	  
	 105646796
	  	 	200,000	  	  	 	USD	  	  	Right of Way	  	Town of Stow	  	 	08/04/12	  	  	 	08/04/13	  
	 105681230
	  	 	10,000	  	  	 	USD	  	  	Right of Way	  	City of Hartford, CT	  	 	10/13/11	  	  	 	12/31/12	  
	 016042868
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	Town of Natick, MA	  	 	03/30/12	  	  	 	03/30/13	  
	 016042869
	  	 	100,000	  	  	 	USD	  	  	Street Opening	  	Town of Taunton, MA	  	 	03/30/12	  	  	 	03/30/13	  
	 016042890
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Hingham, MA	  	 	04/20/12	  	  	 	04/20/13	  
	 016042896
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Norfolk, MA	  	 	04/28/12	  	  	 	04/28/13	  

																					
	 016042902
	  	 	65,000	  	  	 	USD	  	  	Street Opening	  	Town of Stoughton	  	 	05/02/12	  	  	 	05/02/13	  
	 016049124
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Northbridge	  	 	03/29/12	  	  	 	03/29/13	  
	 016049125
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Uxbridge, MA	  	 	03/29/12	  	  	 	03/29/13	  
	 016049970
	  	 	1,000	  	  	 	USD	  	  	Street Opening	  	Town of Berlin, CT	  	 	03/16/12	  	  	 	03/16/13	  
	 016049981
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	City of Quincy, MA	  	 	04/03/12	  	  	 	04/03/13	  
	 016049982
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	City of Millbury, MA	  	 	04/03/12	  	  	 	04/03/13	  
	 016049983
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Rutland, MA	  	 	04/03/12	  	  	 	04/03/13	  
	 016049984
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	Town of Westford, MA	  	 	04/03/12	  	  	 	04/03/13	  
	 016049993
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	City of Quincy, MA	  	 	04/16/12	  	  	 	04/16/13	  
	 016049996
	  	 	2,500	  	  	 	USD	  	  	Street Opening	  	Town of Lakeville	  	 	04/24/12	  	  	 	04/24/13	  
	 016049999
	  	 	20,000	  	  	 	USD	  	  	Street Opening	  	Town of Grafton, MA	  	 	04/26/12	  	  	 	04/26/13	  
	 016050005
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Norwell	  	 	05/07/12	  	  	 	05/07/13	  
	 016050007
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	State of Connecticut	  	 	05/10/12	  	  	 	05/10/13	  
	 016050008
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Lawrence, MA	  	 	05/10/12	  	  	 	05/10/13	  
	 016050009
	  	 	25,000	  	  	 	USD	  	  	Street Opening	  	City of Haverhill	  	 	05/10/12	  	  	 	05/10/13	  
	 016050025
	  	 	100,000	  	  	 	USD	  	  	Street Opening	  	Town of Mendon	  	 	06/08/12	  	  	 	06/08/13	  
	 016050032
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Wrentham	  	 	06/21/12	  	  	 	06/21/13	  
	 016050516
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	City of East Hartford	  	 	05/29/12	  	  	 	05/29/13	  
	 016050519
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of North Attleboro	  	 	05/30/12	  	  	 	05/30/13	  
	 016050520
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Avon	  	 	06/01/12	  	  	 	06/01/13	  
	 016051663
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Somerset	  	 	07/06/12	  	  	 	07/06/13	  
	 016051675
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Hollis, NH	  	 	07/11/12	  	  	 	07/11/13	  
	 016051688
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Foxborough, MA	  	 	08/02/12	  	  	 	08/02/13	  
	 016051689
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Kingston, MA	  	 	08/02/12	  	  	 	08/02/13	  
	 016051690
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Kingston, MA	  	 	08/02/12	  	  	 	08/02/13	  
	 016052979
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Pembroke, MA	  	 	11/08/12	  	  	 	11/08/13	  
	 105062800
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Northborough	  	 	04/11/12	  	  	 	04/11/13	  
	 105062804
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Wayland, MA	  	 	04/24/12	  	  	 	04/24/13	  
	 105403803
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	City of Methuen, MA	  	 	04/13/12	  	  	 	04/13/13	  
	 105403814
	  	 	25,000	  	  	 	USD	  	  	Street Opening	  	Town of Abington, MA	  	 	05/06/12	  	  	 	05/06/13	  
	 105403827
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	Town of Plymouth	  	 	06/04/12	  	  	 	06/04/13	  
	 105454314
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	Town of Middleborough	  	 	06/12/12	  	  	 	06/12/13	  
	 105454324
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of North Andover	  	 	07/08/12	  	  	 	07/08/13	  
	 105454345
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Sherborn, MA	  	 	08/24/12	  	  	 	08/24/13	  
	 105454346
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Holliston, MA	  	 	08/24/12	  	  	 	08/24/13	  
	 105506531
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Duxbury, MA	  	 	06/13/12	  	  	 	06/13/13	  

																					
	 105506533
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Walpole	  	 	06/14/12	  	  	 	06/14/13	  
	 105646789
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	Town of Windsor, CT	  	 	07/18/12	  	  	 	07/18/13	  
	 105646802
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Braintree, MA	  	 	08/30/12	  	  	 	08/30/13	  
	 105646805
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Danvers, MA	  	 	09/08/12	  	  	 	09/08/13	  
	 105646806
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Middleton, MA	  	 	09/08/12	  	  	 	09/08/13	  
	 105646807
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	City of Melrose, MA	  	 	09/08/12	  	  	 	09/08/13	  
	 105681218
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of North Haven, CT	  	 	09/19/12	  	  	 	09/19/13	  
	 105681224
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	Town of Kingston, MA	  	 	09/20/12	  	  	 	09/20/13	  
	 105681225
	  	 	10,000	  	  	 	USD	  	  	Street Opening	  	City of Hartford, CT	  	 	09/29/11	  	  	 	12/31/12	  
	 105681226
	  	 	5,000	  	  	 	USD	  	  	Street Opening	  	City of Pittsfield	  	 	10/03/12	  	  	 	10/03/13	  
	 105681227
	  	 	50,000	  	  	 	USD	  	  	Street Opening	  	Town of Norfolk, MA	  	 	10/06/12	  	  	 	10/06/13	  
	 105681228
	  	 	25,000	  	  	 	USD	  	  	Street Opening	  	Town of Norwood, MA	  	 	10/06/12	  	  	 	10/06/13	  
	 105681234
	  	 	1,000	  	  	 	USD	  	  	Street Opening	  	Town of Southborough, MA	  	 	11/02/12	  	  	 	11/02/13	  
	 105723052
	  	 	20,000	  	  	 	USD	  	  	Street Opening	  	Town of Mansfield, MA	  	 	01/05/12	  	  	 	01/05/13	  
		  	  
	  
	 	  				  		  		  				  			
	 TOTAL
	  	$	11,089,524	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
		  				  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			
	 GRAND TOTAL
	  	 	245,054,720	  	  				  		  		  				  			
		  	  
	  
	 	  				  		  		  				  			

 Schedule 8.02 
 LIENS EXISTING ON THE CLOSING DATE 
 8.02(a) 

Capital Leases 
 Communication
Services, LLC leases vehicles pursuant to leases that are classified as capital leases on the consolidated financial statements of the Borrower. These leases have an aggregate liability of approximately $48,786 on the consolidated financial
statements of the Borrower. 
 8.02(b) 
 Tax Liens 
  

							
	 Issued By
	  	 Issued Against
	  	Amount	 
	 State of Washington Employment Security Department
	  	Locating, Inc.	  	$	676.03	  
	 Georgia Department of Revenue
	  	S.T.S., LLC	  	$	2,511.73	  
	 Georgia Department of Revenue
	  	Utiliquest, LLC	  	$	2,159.30	  
	 Georgia Department of Revenue
	  	Utiliquest, LLC	  	$	2,280.68	  

 8.02(c) 
 Equipment Liens 
 Equipment Liens listed below and any extension, renewal, refinancing, refunding
or replacement thereof: 
  

											
	 Debtor
	  	 Secured Party
	  	Filing Number	  	Date of Filing	 	  	Collateral
	 Ansco & Associates, LLC
	  	United Rentals (North America), Inc.	  	2011 1705162	  	 	5/5/2011	  	  	Equipment
Lease
	 Ansco & Associates, LLC
	  	United Rentals (North America), Inc.	  	2011 1705170	  	 	5/5/2011	  	  	Equipment
Lease
	 Ansco & Associates, LLC
	  	United Rentals (North America), Inc.	  	2011 1705188	  	 	5/5/2011	  	  	Equipment
Lease
	 Ansco & Associates, LLC
	  	United Rentals (North America), Inc.	  	2011 2141417	  	 	6/6/2011	  	  	Equipment
Lease
	 Ansco & Associates, LLC
	  	United Rentals (North America), Inc.	  	2011 2141425	  	 	6/6/2011	  	  	Equipment
Lease
	 Broadband Express, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	2009 1441739	  	 	5/7/2009	  	  	Equipment
Lease
	 Broadband Express, LLC
	  	Modern Office Methods, Inc.	  	2010 0056659	  	 	1/7/2010	  	  	Equipment
Lease
	 C-2 Utility Contractors, LLC
	  	Les Schwab Warehouse Center, Inc.	  	53345544	  	 	10/27/2005	  	  	Equipment
Lease
	 C-2 Utility Contractors, LLC
	  	United Rentals Northwest, Inc.	  	2011 1969868	  	 	3/4/2011	  	  	Equipment
Lease
	 Cablecom, LLC
	  	Les Schwab Warehouse Center, Inc.	  	63377975	  	 	9/29/2006	  	  	Equipment
Lease
	 Cablecom, LLC
	  	US Bancorp	  	2007 3899282	  	 	10/16/2007	  	  	Equipment
Lease
	 Cablecom, LLC
	  	US Bancorp	  	2008 0992840	  	 	3/20/2008	  	  	Equipment
Lease
	 Cablecom, LLC
	  	U.S. Bancorp Business Equipment Finance Group	  	2011 1227704	  	 	4/4/2011	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Bank of Ashville	  	20010019183	  	 	2/23/2001	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Popular Leasing U.S.A., Inc.	  	20080125636H	  	 	11/27/2008	  	  	Equipment
Lease
	 Communication Services, LLC
	  	General Electric Capital Corporation	  	20050009137J	  	 	1/28/2005	  	  	Equipment
Lease
	 Communication Services, LLC
	  	General Electric Capital Corporation	  	20050009138K	  	 	1/28/2005	  	  	Equipment
Lease
	 Communication Services, LLC
	  	General Electric Capital Corporation	  	20050037083K	  	 	4/19/2005	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Bank of Ashville	  	20060013697f	  	 	2/9/2006	  	  	Equipment
Lease
	 Communication Services, LLC; Victory Communications III, Inc.
	  	Wells Fargo Financial Leasing, Inc.	  	20060122585B	  	 	12/27/2006	  	  	Equipment
Lease

													
	 Debtor
	  	 Secured Party
	  	Filing Number	 	  	Date of Filing	 	  	Collateral
	 Communication Services, LLC
	  	Caterpillar Financial Services Corporation	  	 	20070020517F	  	  	 	2/28/2007	  	  	Equipment
Lease
	 Communication Services, LLC; Victory Communications III, Inc.; Globe Communications, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	 	20070071942C	  	  	 	7/27/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Hitachi Capital America Corp.	  	 	20070081291A	  	  	 	8/24/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20070109249F	  	  	 	11/20/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20070109251J	  	  	 	11/20/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20070109252K	  	  	 	11/20/2007	  	  	Equipment
Lease
	 Victory Leasing Company, LLC
	  	Altec Capital Services, LLC	  	 	20070080892H	  	  	 	8/23/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Hitachi Capital America Corp.	  	 	20070117556F	  	  	 	12/17/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Moneta Corporation	  	 	20070118208M	  	  	 	12/18/2007	  	  	Equipment
Lease
	 Communication Services, LLC; Victory, Timothy M.
	  	Stearns Bank, N.A.	  	 	20080018875M	  	  	 	2/27/2008	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20080064171M	  	  	 	7/11/2008	  	  	Equipment
Lease
	 Victory Leasing Company, LLC
	  	Altec Capital Services, LLC	  	 	20080107276E	  	  	 	12/8/2008	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Western Finance & Leasing Inc	  	 	20080108500F	  	  	 	12/11/2008	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Western Finance & Leasing Inc	  	 	20080110731E	  	  	 	12/19/2008	  	  	Equipment
Lease
	 Victory Leasing Company, LLC; Communication Services, LLC
	  	Kraus-Anderson Capital, Inc.	  	 	20090093609K	  	  	 	12/15/2009	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	 	20100007708G	  	  	 	1/29/2010	  	  	Equipment
Lease
	 Communication Services, LLC
	  	Branch Banking and Trust Company	  	 	20100042609F	  	  	 	5/27/2010	  	  	Equipment
Lease
	 Communication Services, LLC; Victory Communications III, Inc.; Globe Communications, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	 	20070071942C	  	  	 	7/27/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Hitachi Capital America Corp.	  	 	20070081291A	  	  	 	8/24/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20070109249F	  	  	 	11/20/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20070109251J	  	  	 	11/20/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20070109252K	  	  	 	11/20/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Hitachi Capital America Corp.	  	 	20070117556F	  	  	 	12/17/2007	  	  	Equipment
Lease

													
	 Debtor
	  	 Secured Party
	  	Filing Number	 	  	Date of Filing	 	  	Collateral
	 Globe Communications, LLC
	  	Altec Moneta Corporation	  	 	20070118208M	  	  	 	12/18/2007	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	Altec Capital Services, LLC	  	 	20080064171M	  	  	 	7/11/2008	  	  	Equipment
Lease
	 Globe Communications, LLC
	  	MeriCap Credit Corporation	  	 	20100094906B	  	  	 	12/9/2010	  	  	Equipment
Lease
	 Neocom Solutions Holdings, LLC
	  	Bank of America, N.A., as Administrative Agent	  	 	2011 0347636	  	  	 	1/31/2011	  	  	Equipment
Lease
	 Neocom Solutions, Inc.
	  	Bank of America, N.A., as Administrative Agent	  	 	0602011-00773	  	  	 	2/1/2011	  	  	Equipment
Lease
	 Niels Fugal Sons Company, LLC
	  	Cashman Equipment Company	  	 	2008 3198106	  	  	 	9/22/008	  	  	Equipment
Lease
	 Niels Fugal Sons Company, LLC
	  	Cashman Equipment Company	  	 	2008 3392097	  	  	 	10/7/2008	  	  	Equipment
Lease
	 Niels Fugal Sons Company, LLC
	  	United Rentals Northwest, Inc.	  	 	2012 0379307	  	  	 	1/31/2012	  	  	Equipment
Lease
	 Niels Fugal Sons Company, LLC
	  	United Rentals Northwest, Inc.	  	 	2012 0379315	  	  	 	1/31/2012	  	  	Equipment
Lease
	 Niels Fugal Sons Company, LLC
	  	United Rentals Northwest, Inc.	  	 	2012 0379323	  	  	 	1/31/2012	  	  	Equipment
Lease
	 Niels Fugal Sons Company, LLC
	  	United Rentals Northwest, Inc.	  	 	2012 0379331	  	  	 	1/31/2012	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	UA Bancorp	  	 	5154585 5	  	  	 	5/19/2005	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	American Tire Distributors, Inc.	  	 	6330864 1	  	  	 	9/25/2006	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	Les Schwab Warehouse Center, Inc.	  	 	6364680 0	  	  	 	10/19/2006	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	Great America Leasing Corporation	  	 	2008 3642103	  	  	 	10/29/2008	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	Leaf Funding, Inc.	  	 	2009 1909107	  	  	 	6/16/2009	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	U.S. Bancorp Business Equipment Finance Group	  	 	2011 1585077	  	  	 	4/27/2011	  	  	Equipment
Lease
	 Prince Telecom, Inc.
	  	Les Schwab Warehouse Center, Inc.	  	 	2012 0069478	  	  	 	1/6/2012	  	  	Equipment
Lease
	 Underground Specialties, LLC
	  	Les Schwab Warehouse Center, Inc.	  	 	2007 0960574	  	  	 	3/14/2007	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Wachovia Bank, N.A.	  	 	060-1999-014254	  	  	 	7/21/1999	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	 	007-2001-012431	  	  	 	11/14/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Dell Financial Services, L.P.	  	 	007-2001-003394	  	  	 	4/12/2001	  	  	Equipment
Lease

													
	 Debtor
	  	 Secured Party
	  	Filing Number	 	  	Date of Filing	 	  	Collateral
	 Utiliquest, LLC
	  	Comark Inc.	  	 	007-2001-008386	  	  	 	8/1/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Dell Financial Services, L.P.	  	 	007-2001-009249	  	  	 	8/22/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Docuteam, Inc.	  	 	007-2001-009268	  	  	 	8/23/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	 	007-2003-000089	  	  	 	1/6/2003	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Minolta Business Solutions, Inc.	  	 	007-2003-005575	  	  	 	5/20/2003	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Wells Fargo Financial Leasing, Inc.	  	 	007-2005-018851	  	  	 	12/20/2005	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Dell Financial Services, L.P.	  	 	007-2001-002405	  	  	 	3/22/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	CDW Leasing, LLC	  	 	007-2001-004361	  	  	 	5/4/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	CDW Leasing, LLC	  	 	007-2001-011787	  	  	 	10/29/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Comark Inc.	  	 	007-2001-011933	  	  	 	11/1/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	U.S. Bancorp Oliver Allen Technology Leasing	  	 	007-2002-004250	  	  	 	4/22/2002	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	IBM Credit Corporation	  	 	007-2002-010697	  	  	 	10/22/2002	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Lease Corporation of America	  	 	007-2002-012232	  	  	 	8/2/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	PNC Bank, National Association	  	 	060-2002-016857	  	  	 	12/11/2002	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Worldcom Communications Inc	  	 	060-2001-013932	  	  	 	8/2/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	PNC Bank, National Association	  	 	060-2001-015049	  	  	 	8/30/2001	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	-	  	 	060-2008-009261	  	  	 	11/14/2008	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Capital Source Finance LLC	  	 	060-2002-015246	  	  	 	11/5/2002	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	Capital Source Finance LLC	  	 	060-2002-016414	  	  	 	12/2/2002	  	  	Equipment
Lease
	 Utiliquest, LLC
	  	US Bancorp	  	 	050-2004-012947	  	  	 	10/7/2004	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485625	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485666	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485682	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485708	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485724	  	  	 	4/20/2011	  	  	Equipment
Lease

													
	 Debtor
	  	 Secured Party
	  	Filing Number	 	  	Date of Filing	 	  	Collateral
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485732	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485773	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485930	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485948	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1485989	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486037	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486052	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486060	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486078	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486169	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486201	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486243	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486250	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1486284	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1812794	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 1812828	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 2702895	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 2828476	  	  	 	4/20/2011	  	  	Equipment
Lease
	 White Mountain Cable Construction, LLC
	  	United Rentals (North America), Inc.	  	 	2011 2828484	  	  	 	4/20/2011	  	  	Equipment
Lease

 Schedule 8.05 
 INVESTMENTS EXISTING ON THE CLOSING DATE 
 The Investments as of the Closing Date in the following
Subsidiaries: 
 Unrestricted Subsidiaries: 
  

					
	 CertusView Technologies, LLC
	  	US $	42,234,929	  
	 CertusView Solutions, LLC
	  	US $	739,000	  

 Foreign Subsidiaries: 
  

					
	 RJE Canada, ULC (includes existing indebtedness of $796,542 from Schedule 8.01)
	  	US $	3,853,340	  
	 S.T.S. Canada, ULC
	  	US $	0	 

 Restricted Subsidiaries: 
 Investments constituting ownership of the Restricted Subsidiaries as set forth on Schedule 6.11.  

 Schedule 11.02 

CERTAIN ADDRESSES FOR NOTICES 
  

	1.	Addresses for Credit Parties: 

 Care of:

 Dycom Industries, Inc. 
 11770 U.S.
Highway 1 Suite 101 
 Palm Beach Gardens, FL 33408 
  

	2.	Addresses for Administrative Agent, Swingline Lender and L/C Issuer: 

 Administrative Agent’s Office 
 (for payments and Requests for Credit
Extensions): 
 Bank of America, N.A. 

One Independence Center 
 101 N. Tryon Street

 Mail Code: NC1-001-04-39 
 Charlotte,
NC 28255-0001 
 Attention: Sandra McEachern 
 Telephone: (980) 386-1524 
 Telecopier: (704) 409-0857 

Electronic Mail: sandra.a.mceachern@baml.com 

Account No.: ############# 
 Ref: Dycom
Industries, Inc. 
 ABA# ######### 

Other Notices as Administrative Agent: 
 Bank of America, N.A. 
 Agency Management 
 1455 Market Street 
 Mail Code: CA5-701-05-19 

San Francisco, CA 94103 
 Attention: Aamir Saleem

 Telephone: (415) 436-2769 

Telecopier: (415) 503-5089 
 Electronic
Mail: aamir.saleem@baml.com 
 L/C Issuer: 
 Bank of America, N.A. 
 Trade Operations 
 1 Fleet Way 
 Mail Code: PA6-580-02-30 
 Scranton, PA 18507 
 Attention: Michael A. Grizzanti 

Telephone: (570) 496-9621 
 Telecopier:
(800) 755-8743 
 Electronic Mail: Michael.A.Grizzanti@baml.com 

 Swingline Lender: 
 Bank of America, N.A. 
 One Independence Center 

101 N. Tryon Street 
 Mail Code: NC1-001-04-39

 Charlotte, NC 28255-0001 
 Attention:
Sandra McEachern 
 Telephone: (980) 386-1524 
 Telecopier: (704) 409-0857 
 Electronic Mail: sandra.a.mceachern@baml.com 

Account No.: ############# 
 Ref: Dycom
Industries, Inc. 
 ABA# ######### 

 Exhibit 2.01(c) 

[FORM OF] LENDER JOINDER AGREEMENT 
 THIS LENDER JOINDER AGREEMENT (this “Agreement”), dated as of             , 20    , to the Credit Agreement
referenced below is by and among [NEW LENDER] (the “New Lender”), DYCOM INDUSTRIES, INC., a Florida corporation (the “Borrower”), the Guarantors, [[BANK OF AMERICA, N.A.][other L/C Issuer], as L/C Issuer], [BANK OF
AMERICA, N.A., as Swingline Lender] and BANK OF AMERICA, N.A., as Administrative Agent. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 

W I T N E S S E T H 
 WHEREAS, pursuant to that Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the
“Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, the Lenders have
agreed to provide the Borrower with [a] revolving credit facility [and term loan facilities]; 
 WHEREAS, pursuant to
Section 2.01(c) of the Credit Agreement, the Borrower has requested that the New Lender provide a portion of an Incremental Credit Facility under the Credit Agreement; and 

WHEREAS, the New Lender has agreed to provide a portion of such Incremental Credit Facility on the terms and conditions set forth herein
and to become a “Lender” under the Credit Agreement in connection therewith; 
 NOW, THEREFORE, IN CONSIDERATION of
the premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Capitalized terms used but not defined herein shall have the meaning provided to such terms in the Credit Agreement. 
 2. The New Lender hereby agrees to provide a [Revolving Commitment] [Term Loan Commitment] to the Borrower in an amount [up to its Revolving Commitment] [equal to its Term Loan Commitment] set forth on
Schedule 2.01 attached hereto. The New Lender’s Applicable Percentage of the [Aggregate Revolving Commitments] [aggregate amount of Term Loan Commitments] as of the date hereof shall be as set forth on Schedule 2.01 attached
hereto. The existing Schedule 2.01 to the Credit Agreement shall be deemed to be amended to include the information set forth on Schedule 2.01 attached hereto. 
 [3. The New Lender shall be deemed to have purchased, without recourse, a risk participation from each of the applicable L/C Issuers in all Letters of Credit issued by it under the Credit Agreement
(including Existing Letters of Credit) and the obligations arising thereunder in an amount equal to its Applicable Percentage of the obligations under such Letters of Credit, and shall absolutely, and unconditionally assume, and be obligated to pay
to the L/C Issuer and discharge when due as provided in the Credit Agreement, its Applicable Percentage of the obligations arising under such Letters of Credit.] 
 [4. The New Lender shall be deemed to have purchased, without recourse, a risk participation from the Swingline Lender in all Swingline Loans made by it under the Credit Agreement and the obligations
arising thereunder in an amount equal to its Applicable Percentage of the obligations 

 
under such Swingline Loans, and shall absolutely and unconditionally assume, and be obligated to pay to the Swingline Lender and discharge when due as provided in the Credit Agreement, its
Applicable Percentage of the obligations arising under such Swingline Loans.] 
 [5. The New Lender (a) represents and
warrants that (i) it has full power and authority, and has taken all action necessary, to execute and deliver this Agreement and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it
meets all requirements of an Eligible Assignee under the Credit Agreement, (iii) from and after the date hereof, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder and shall have the obligations of a Lender
thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to Section 7.01 thereof and such other documents and information as it has deemed appropriate
to make its own credit analysis and decision to enter into this Agreement and, based on such information, has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender and (v) attached
hereto is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement (including pursuant to Section 3.01(e) of the Credit Agreement), duly completed and executed by the New Lender; and (b) agrees that it
will (i) independently and without reliance on the Administrative Agent or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking
action under the Credit Documents and (ii) perform in accordance with their terms all of the obligations which by the terms of the Credit Documents are required to be performed by it as a Lender. 

[6. TERMS APPLICABLE TO THE TERM LOAN SUCH AS AMORTIZATION, APPLICABLE RATE, ETC.] 

7. Each of the Credit Parties agrees that, as of the date hereof, the New Lender shall (a) be a party to the Credit Agreement,
(b) be a “Lender” for all purposes of the Credit Agreement and the other Credit Documents and (c) have the rights and obligations of a Lender under the Credit Agreement and the other Credit Documents. 

8. The address of the New Lender for purposes of all notices and other communications is as set forth on the Administrative Questionnaire
delivered by the New Lender to the Administrative Agent. 
 9. This Agreement may be executed in any number of counterparts and
by the various parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which when taken together shall constitute one contract. Delivery of an executed counterpart of this Agreement by
telecopier shall be effective as delivery of a manually executed counterpart of this Agreement. 
 10. THIS AGREEMENT SHALL BE
GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 [SIGNATURES ON FOLLOWING PAGE] 

 IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement to be executed by a
duly authorized officer as of the date first above written. 
  

							
	NEW LENDER:	 		 	[NEW LENDER]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
			
	 BORROWER:
	 		 	DYCOM INDUSTRIES, INC.,
		 		 	a Florida corporation
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
			
	GUARANTORS:	 		 	[LIST ALL GUARANTORS AS OF DATE OF EXECUTION]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	

 Accepted and Agreed: 
 BANK OF AMERICA, N.A., 
 as Administrative Agent 

 

			
	By:	 	  

	Name:	 	
	Title:	 	

 [Consented to: 

[L/C Issuer(s)] 
  

			
	By:	 	  

	Name:	 	
	Title:	 	

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

			
	By:	 	  

	Name:	 	
	Title:]	 	

 Schedule 2.01 to Lender Joinder Agreement 

LENDERS AND COMMITMENTS 
  

									
	 Lender
	  	Revolving
Commitment	  	Applicable
Percentage of
Aggregate
Revolving
Commitments	  	Term Loan
Commitment	  	Applicable
Percentage of
Term Loan
Commitments
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
		  		  		  		  	
	 Total:
	  		  		  		  	

 Exhibit 2.02 
 [FORM OF] LOAN NOTICE 
 Date:
            ,      
  

	To:	Bank of America, N.A., as Administrative Agent 

Ladies and Gentlemen: 
 Reference is made to
that certain Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among Dycom Industries,
Inc., a Florida corporation (the “Borrower”), the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer. Capitalized terms used
but not otherwise defined herein have the meanings provided in the Credit Agreement. 
 The undersigned hereby requests (select one):

  

	 	 ̈	A Borrowing of [Revolving][Term] Loans 

  

	 	 ̈	A conversion or continuation of [Revolving][Term] Loans 

  

	 	1.	On             (a Business Day). 

 

	 	2.	In the amount of $            . 

 

	 	3.	Comprised of [Base Rate Loans][Eurodollar Rate Loans]. 

  

	 	4.	For Eurodollar Rate Loans: with an Interest Period of [1, 2, 3 or 6] months. 

 With respect to such Borrowing, the Borrower hereby represents and warrants that (a) such request complies with the requirements of Section 2.01 of the Credit Agreement and (b) each
of the conditions set forth in (i) Section 5.02(a) of the Credit Agreement, with regard to any Request for Credit Extension other than the initial Request for Credit Extension on the Closing Date, and
(ii) Section 5.01 and 5.02(b) of the Credit Agreement, with regard to the initial Request for Credit Extension on the Closing Date, have been satisfied on and as of the date of such Borrowing. 

 

			
	 DYCOM INDUSTRIES, INC.,
 a Florida corporation

		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit 2.04 
 [FORM OF] SWINGLINE LOAN NOTICE 
 Date:
            , 20     
  

	To:	Bank of America, N.A., as Swingline Lender 

  

	Cc:	Bank of America, N.A., as Administrative Agent 

  

	Re:	Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the
“Credit Agreement”), by and among Dycom Industries, Inc., a Florida corporation (the “Borrower”), the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as
Administrative Agent, Swingline Lender and L/C Issuer. Capitalized terms used but not otherwise defined herein have the meanings provided in the Credit Agreement. 

 Ladies and Gentlemen: 
 The undersigned hereby requests a Swingline Loan: 

 

	1.	On             , 20     (a Business Day). 

 

	2.	In the amount of $            . 

 With respect to such Borrowing of Swingline Loans, the Borrower hereby represents and warrants that (i) such request complies with the requirements of the first proviso to the first sentence of
Section 2.04(a) of the Credit Agreement and (ii) each of the conditions set forth in Section 5.02(a) of the Credit Agreement have been satisfied on and as of the date of such Borrowing of Swingline Loans. 

 

			
	 DYCOM INDUSTRIES, INC.,
 a Florida corporation

		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit 2.11(a)-1 

[FORM OF] REVOLVING NOTE 
 [Date] 
 FOR VALUE RECEIVED, the undersigned, DYCOM INDUSTRIES, INC., a Florida
corporation (the “Borrower”), hereby unconditionally promises to pay, on the Maturity Date (as defined in the Credit Agreement referred to below), to             or its
registered assigns (the “Lender”) in accordance with the terms and conditions of the Credit Agreement (as defined below) at the Administrative Agent’s Office in Dollars and in immediately available funds, the aggregate unpaid
principal amount of all Revolving Loans made by the Lender to the undersigned pursuant to Section 2.01(a) of the Credit Agreement (as defined below). The undersigned further agrees to pay interest in like money at the Administrative
Agent’s Office on the unpaid principal amount hereof and, to the extent permitted by law, accrued interest in respect hereof from time to time from the date hereof until payment in full of the principal amount hereof and accrued interest
hereon, at the rates and on the dates set forth in the Credit Agreement (as defined below). 
 This Revolving Note is one of the
Revolving Notes referred to in the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and
among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, and the holder is entitled to the benefits thereof and is secured
by the Collateral. This Revolving Note may be prepaid in whole or in part subject to the terms and conditions provided in the Credit Agreement. Terms used but not otherwise defined herein shall have the meanings provided in the Credit Agreement.

 Upon the occurrence of any one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining
unpaid on this Revolving Note may be declared to be immediately due and payable, as provided in the Credit Agreement, without diligence, presentment, demand, protest, or any notice of any kind. If any amount is not paid in full when due hereunder
(whether due at any stated or accelerated maturity or otherwise) such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (before as well as after judgment) computed at the applicable
per annum rate set forth in the Credit Agreement. 
 All parties now and hereafter liable with respect to this Revolving Note,
whether maker, principal, surety, endorser or otherwise, hereby waive diligence, presentment, demand, protest and all other notices of any kind. 
 THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 This Revolving Note may, upon execution, be delivered by facsimile or electronic mail, which shall be deemed for all purposes to be an original signature. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the Borrower has caused this Revolving Note to be duly executed by its
duly authorized officer as of the day and year first above written. 
  

			
	 DYCOM INDUSTRIES, INC.,
 a Florida corporation

		
	 By:
	 	  

	Name:	 	
	Title:	 	

 Exhibit 2.11(a)-2 

[FORM OF] SWINGLINE NOTE 
 [Date] 
 FOR VALUE RECEIVED, the undersigned, DYCOM INDUSTRIES, INC., a Florida
corporation (the “Borrower”), hereby unconditionally promises to pay, on the Maturity Date (as defined in the Credit Agreement referred to below), to             or its
registered assigns (the “Swingline Lender”) in accordance with the terms and conditions of the Credit Agreement (as defined below) at the Administrative Agent’s Office in Dollars and in immediately available funds, the
aggregate unpaid principal amount of all Swingline Loans made by the Lender to the undersigned pursuant to Section 2.04 of the Credit Agreement (as defined below). The undersigned further agrees to pay interest in like money at the
Administrative Agent’s Office on the unpaid principal amount hereof and, to the extent permitted by law, accrued interest in respect hereof from time to time from the date hereof until payment in full of the principal amount hereof and accrued
interest hereon, at the rates and on the dates set forth in the Credit Agreement (as defined below). 
 This Swingline Note is
the Swingline Note referred to in the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and
among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, and the holder is entitled to the benefits thereof and is secured
by the Collateral. This Swingline Note may be prepaid in whole or in part subject to the terms and conditions provided in the Credit Agreement. Terms used but not otherwise defined herein shall have the meanings provided in the Credit Agreement.

 Upon the occurrence of any one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining
unpaid on this Swingline Note may be declared to be immediately due and payable, as provided in the Credit Agreement, without diligence, presentment, demand, protest, or any notice of any kind. If any amount is not paid in full when due hereunder
(whether due at any stated or accelerated maturity or otherwise) such unpaid amount shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (before as well as after judgment) computed at the applicable
per annum rate set forth in the Credit Agreement. 
 All parties now and hereafter liable with respect to this Swingline Note,
whether maker, principal, surety, endorser or otherwise, hereby waive presentment, demand, protest and all other notices of any kind. 
 THIS SWINGLINE NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 This Swingline Note may, upon execution, be delivered by facsimile or electronic mail, which shall be deemed for all purposes to be an original signature. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the Borrower has caused this Swingline Note to be duly executed by its
duly authorized officer as of the day and year first above written. 
  

			
	 DYCOM INDUSTRIES, INC.,
 a Florida corporation

		
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit 2.11(a)-3 

[FORM OF] TERM NOTE 
 [Date] 
 FOR VALUE RECEIVED, the undersigned, DYCOM INDUSTRIES, INC., a Florida
corporation (the “Borrower”), hereby unconditionally promises to pay to             or its registered assigns (the “Lender”) in accordance with the terms
and conditions of the Credit Agreement (as defined below) at the Administrative Agent’s Office in Dollars and in immediately available funds, the aggregate unpaid principal amount of all Term Loans made by the Lender to the undersigned pursuant
to Section 2.01(b) of the Credit Agreement referred to below. The undersigned further agrees to pay interest in like money at the Administrative Agent’s Office on the unpaid principal amount hereof and, to the extent permitted by law,
accrued interest in respect hereof from time to time from the date hereof until payment in full of the principal amount hereof and accrued interest hereon, at the rates and on the dates set forth in the Credit Agreement (as defined below).

 This Term Note is one of the Term Notes referred to in the Credit Agreement, dated as of December 3, 2012 (as amended,
restated, amended and restated, modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and
Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer, and the holder is entitled to the benefits thereof and is secured by the Collateral. This Term Note may be prepaid in whole or in part subject to the terms and
conditions provided in the Credit Agreement. Terms used but not otherwise defined herein shall have the meanings provided in the Credit Agreement. 
 Upon the occurrence of any one or more of the Events of Default specified in the Credit Agreement, all amounts then remaining unpaid on this Term Note may be declared to be immediately due and payable, as
provided in the Credit Agreement, without diligence, presentment, demand, protest, or any notice of any kind. If any amount is not paid in full when due hereunder (whether due at any stated or accelerated maturity or otherwise) such unpaid amount
shall bear interest, to be paid upon demand, from the due date thereof until the date of actual payment (before as well as after judgment) computed at the applicable per annum rate set forth in the Credit Agreement. 

All parties now and hereafter liable with respect to this Term Note, whether maker, principal, surety, endorser or otherwise, hereby
waive presentment, demand, protest and all other notices of any kind. 
 THIS TERM NOTE SHALL BE GOVERNED BY, AND CONSTRUED AND
INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK. 
 This Term Note may, upon execution, be delivered by
facsimile or electronic mail, which shall be deemed for all purposes to be an original signature. 
 [REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, the Borrower has caused this Term Note to be duly executed by its duly
authorized officer as of the day and year first above written. 
  

			
	DYCOM INDUSTRIES, INC.,
	a Florida corporation
		
	 By:
	 	  

	Name:	 	
	Title:	 	

 Exhibit 2.16 
 [FORM OF] 
 AUCTION PROCEDURES 

This Outline is intended to summarize certain basic terms of the reverse Dutch auction procedures pursuant to and in accordance with the
terms and conditions of Section 2.16 of the Credit Agreement, of which this Exhibit 2.16 is a part. It is not intended to be a definitive list of all of the terms and conditions of a reverse Dutch auction and all such terms and conditions
shall be set forth in the applicable Auction Procedures set for each Auction (the “Offer Documents”). The Administrative Agent, the Auction Managers, or any of their respective Affiliates may tender Return Bids (as defined below)
and be a participating Lender on the same terms and conditions set forth in this Outline and the applicable Offer Document, and such participation may not be deemed a recommendation to any Lender to submit a Return Bid or to take part in this or any
other offer. Capitalized terms not otherwise defined in this Outline have the meanings assigned to them in the Credit Agreement. 
 Summary. Any Credit Party may conduct one or more Auctions in order to purchase Term Loans of all tranches or any individual tranche of Term Loans at its sole discretion. No Auction may be
commenced for a tranche of Term Loans if any other Auction has been previously commenced for the same tranche of Term Loans and not yet completed, terminated or expired. Two separate Auctions for the same tranche of Term Loans may not be commenced
on the same day. 
 Notice Procedures. In connection with each Auction, the applicable Credit Party will notify the
applicable Auction Manager (for distribution to all Lenders) prior to 1:00 p.m. New York time on the date on which such Credit Party proposes to commence such Auction of the Term Loans that will be the subject of the Auction (an
“Auction Notice”). Each Auction Notice shall contain (i) the maximum principal face amount of Term Loans such Credit Party is willing to purchase in the Auction (the “Auction Amount”), which shall be no less
than $5,000,000 or an integral multiple of $500,000 in excess of thereof; (ii) the range of discounts to par (the “Discount Range”), expressed as a range of prices per $1,000 (in increments of $5), at which such Credit Party
would be willing to purchase Term Loans in the Auction; (iii) the applicable tranche or tranches of Term Loans such Credit Party is willing to purchase in the Auction; and (iv) the date on which the Auction will conclude, on which date
Return Bids (defined below) will be due by 1:00 p.m. New York time, as such date and time may be extended (such time, the “Expiration Time”) for a period not exceeding ten (10) Business Days upon notice by such Credit
Party to the applicable Auction Manager not less than twenty-four (24) hours before the original Expiration Time; provided, however, that only one extension per Auction shall be permitted. An Auction shall be regarded as a
“Failed Auction” in the event that either (x) such Credit Party withdraws such Auction in accordance with the terms hereof or (y) the Expiration Time occurs with no Return Bids having been received. In the event of a Failed
Auction, such Credit Party shall not be permitted to deliver a new Auction Notice prior to the date occurring three (3) Business Days after such withdrawal or Expiration Time, as the case may be. 

Reply Procedures. In connection with any Auction, each Lender holding Term Loans of the applicable tranche or tranches wishing to
participate in such Auction shall, prior to the Expiration Time, provide the applicable Auction Manager with a notice of participation (the “Return Bid”) which shall specify (i) a discount to par that must be expressed as a
price per $1,000 (in increments of $5) of Term Loans (the “Reply Price”) within the Discount Range and (ii) the principal amount of Term Loans of the applicable tranche or tranches, in an amount not less than $1,000,000 (or
such lesser amount as shall constitute the aggregate amount of the Term Loans of such tranche of the assigning Lender), that such Lender is willing to offer for sale at its Reply Price (the “Reply Amount”); provided, that
Lender may submit a Reply Amount that is less than the minimum amount and incremental amount requirements described above only if the Reply Amount comprises the entire amount of the relevant tranche of Term Loans held by such Lender. Lenders may
only submit one Return Bid per Auction but each Return Bid may contain up to three component bids, each of which may result in a separate Qualifying Bid (as 

 
defined below) and each of which will not be contingent on any other component bid submitted by such Lender resulting in a Qualifying Bid. In addition to the Return Bid, the participating Lender
must execute and deliver, to be held by the applicable Auction Manager, the Assumption Agreement in the form included in the Offer Document. The applicable Credit Party will not have any obligation to purchase any Term Loans at a price that is
outside of the applicable Discount Range, nor will any Return Bids (including any component bids specified therein) submitted at a price that is outside such applicable Discount Range be considered in any calculation of the Applicable Threshold
Price (as defined below). 
 Acceptance Procedures. Based on the Reply Prices and Reply Amounts received by the
applicable Auction Manager, such Auction Manager, in consultation with the applicable Credit Party, will calculate the lowest purchase price (the “Applicable Threshold Price”) for the Auction within the Discount Range for the
Auction that will allow such Credit Party to complete the Auction by purchasing the full Auction Amount (or such lesser amount of Term Loans for which such Credit Party has received Return Bids within the Discount Range). The applicable Credit Party
shall purchase Term Loans from each Lender whose Return Bid contains a Reply Price that is equal to or less than the Applicable Threshold Price (each, a “Qualifying Bid”). All principal amounts of Term Loans included in Return Bids
received at a Reply Price that is equal to or lower than the Applicable Threshold Price will be purchased at the applicable Reply Price up to the Applicable Threshold Price, subject to proration as described below. 

Proration Procedures. All Term Loans of the relevant tranche offered in Return Bids (or, if applicable, any component bid thereof)
constituting Qualified Bids at or lower than the Applicable Threshold Price will be purchased at the applicable Reply Price up to the Auction Amount; provided that if the aggregate principal amount of all Term Loans for which Qualifying Bids
have been submitted in any given Auction at or lower than the Applicable Threshold Price would exceed the Auction Amount, then the applicable Credit Party shall purchase the Term Loans tendered by the Lenders below the Applicable Threshold Price
first, and then to the extent of the remaining amounts under the Auction Amount, such Credit Party will purchase the Term Loans tendered by the Lenders at the Applicable Threshold Price ratably based on the respective principal amounts offered and
in an aggregate amount up to the Auction Amount. No Return Bids (or any component thereof) will be accepted above the Applicable Threshold Price. 
 Notification Procedures. The applicable Auction Manager will calculate the Applicable Threshold Price and post the Applicable Threshold Price and proration factor onto an internet site (including
an IntraLinks or such other electronic workspace reasonably acceptable to the Borrower) in accordance with such Auction Manager’s standard dissemination practices by 4:00 p.m. New York time on the same Business Day as the date the Return
Bids were due. The applicable Auction Manager will insert the amount of Term Loans to be assigned and the applicable settlement date onto each applicable Assumption Agreement received in connection with a Qualifying Bid. Upon request of the
submitting Lender, the applicable Auction Manager will promptly return any Assumption Agreement received in connection with a Return Bid that is not a Qualifying Bid. 
 Additional Procedures. Once initiated by an Auction Notice, the applicable Credit Party may withdraw an Auction only in the event that, as of such time, no Return Bid has been received by the
applicable Auction Manager, provided that such Credit Party’s obligation to purchase Term Loans from any Lender shall be conditioned on (i) such Lender making the representations and warranties set forth in the Assumption Agreement
and (ii) there being no pending actions, suits or proceedings pending or threatened in writing that seek to enjoin such Auction. Furthermore, in connection with any Auction, upon submission by a Lender of a Return Bid, such Lender will not have
any withdrawal rights. Any Return Bid (including any component bid thereof) delivered to the applicable Auction Manager may not be modified, revoked, terminated or cancelled by a Lender. However, an Auction may become void if the conditions to the
purchase of Term Loans by the applicable Credit Party required by the terms and conditions of Section 2.16 of the Credit Agreement are not met. The purchase price for each purchase of Term Loans in accordance with Section 2.16 of the
Credit Agreement shall be paid directly by the 

 
applicable Credit Party, in each case directly to the respective assigning Lender on a settlement date as determined by the applicable Auction Agent in consultation with the Borrower (which shall
be no later than five (5) Business Days after the date Return Bids are due). 

 Annex A to Exhibit 2.16 

AUCTION NOTICE 

[Credit Party Letterhead] 

[Auction Manager] 
 Attention:
[                     ] 
 Fax No.:
[                     ] 
 Email:
[                     ] 
  

	Re:	Loan Auction 

 Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated,
modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among by and among Dycom Industries, Inc. (the “Borrower”), the Guarantors identified therein, the Lenders from time
to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer. Capitalized terms used but not defined herein have the meanings given to such terms in the Credit Agreement. 

[NAME OF ASSIGNEE] (the “Purchaser”) hereby gives notice to the Lenders that it desires to conduct the following
Auction: 
  

	 	•	 	 Auction Amount: $[             ] 

 

	 	•	 	 Discount Range: Not less than $[             ] nor greater than $[
            ] per $1,000 principal amount of Term Loans. 

 The Purchaser acknowledges that this Auction Notice may not be withdrawn other than in accordance with the Auction Procedures. The Auction shall be consummated in accordance with the Auction Procedures
with each Return Bid due by 1:00 p.m. (New York time) on [                     ]. 

 

			
	 Very truly yours,

	
	[NAME OF ASSIGNEE]
		
	By:	 	  

		 	Name:

 Annex B to Exhibit 2.16 

RETURN BID 
 [Auction Manager]

 Attention: [                     ]

 Fax No.: [                     ]

 Email: [                     ] 

Ladies and Gentlemen: 

Reference is made to that certain Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated,
modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among by and among Dycom Industries, Inc. (the “Borrower”), the Guarantors identified therein, the Lenders from time
to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer. Capitalized terms used but not defined herein have the meanings given to such terms in the Credit Agreement. 

The undersigned Lender hereby gives notice of its participation in the Auction by submitting the following Return
Bid1: 

The purchase price of any Term Loans that are assigned pursuant to an Assumption Agreement is requested to be disbursed to the
undersigned Lender’s account with (Account No. ). 
 The undersigned Lender acknowledges that the submission of this
Return Bid along with an executed Assumption Agreement, to be held in escrow by the Auction Manager, obligates the Lender to sell the entirety or its pro rata portion of the Reply Amount in accordance with the Auction Procedures, as applicable.

  

							
	 Reply Price
	  	 Reply
	 	  	 Amount

	 (price per $1,000)
	  				  	
	 $
	  	$	 	  	  	
	 $
	  	$	 	  	  	
	 $
	  	$	 	  	  	

  

			
	Very truly yours,
	
	[NAME OF LENDER]
		
	 By:
	 	  

		 	Name:
		 	Title:

  

	1 	 Lender may submit up to [three] component bids but need not submit more than one. The sum of Lender’s bid(s) may not exceed the aggregate
principal face amount of Term Loans held by it. 

 Annex C to Exhibit 2.16 to 

Credit Agreement 
 [FORM OF] ASSIGNMENT AND ASSUMPTION 
 This Assignment and Assumption (this
“Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [Insert name of Assignor] (the “Assignor”) and [Insert name of Assignee] (the
“Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (the “Credit Agreement”), receipt of a copy of which is hereby acknowledged
by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 

For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably
purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Auction Manager as contemplated in the Auction Procedures, all of the
Assignor’s rights and obligations as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding
rights and obligations of the Assignor under the facility identified below (“Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment and Assumption,
without representation or warranty by the Assignor. 
  

					
	 1.      Assignor:
	  	  
	  	
		
		  	Assignor [is][is not] a Defaulting Lender
			
	 2.      Assignee:
	  	  
	  	
		
	 3.      Borrower:
	  	Dycom Industries, Inc., a Florida corporation
		
	 4.      Administrative Agent:
	  	Bank of America, N.A., as the administrative agent under the Credit Agreement
		
	 5.      Credit Agreement:
	  	Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, by
and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer.
		
	 6.      Assignor’s Interest under the Credit Agreement:
	  	

  

									
	 	  	Aggregate Principal Face Amount of
Term Loans of Assignor	 	  	Percentage of 
Term
Loans of Assignor	 
	 Tranche [    ] Term Loans
	  	$	 	  	  	 	%	  
	 Tranche [    ] Term Loans
	  	$	 	  	  	 	%	  
	 Tranche [    ] Term Loans
	  	$	 	  	  	 	%	  

	7.	 Assigned
Interest2: 

List below the Term Loans to be assigned by Assignor to Assignee subject to the terms and conditions of the Auction, including, without
limitation, the pro rata reduction procedures set forth in the Auction Procedures. 
  

																	
	 Tranche
	  	Reply Price with
respect to
Term
Loans being
tendered to
Assignee
(price
per $1,000
principal
amount)3	 	  	Reply Amount
(principal
face
amount of Term
Loans to be
Assigned
to
Assignee at
relevant Reply
Price) (subject
to
pro rata
reduction)4	 	  	Pro Rata
Principal
Face
Amount of Term
Loans Assigned5	 	  	Percentage
Assigned
of
Term
Loans6	 
		  	$	            	  	  	$	                           
 	  	  	$	                           
 	  	  	 	                        	% 
		  	$	            	  	  	$	                           
 	  	  	$	                           
 	  	  	 	                        	% 
		  	$	                           
 	  	  	$	                           
 	  	  	$	                           
 	  	  	 	                        	% 

  

	8.	Effective Date:                  , 20      [TO BE INSERTED BY
AUCTION MANAGER AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 

  

	2 	 Set forth, to at least 9 decimals, as a percentage of the Loans of all Lenders thereunder. To be completed by Assignor. 

	3 	 To be completed by Assignor. 

	4 	 To be completed by Assignor. The sum of Lender’s Reply Amount(s) may not exceed the aggregate principal face amount of Term Loans held by it.

	5 	 To be completed by the Auction Manager, if necessary, based on the proration procedures set forth in the Auction Procedures.

	6 	 To be completed by the Auction Manager to at least 9 decimals as a percentage of the Term Loans of all Lenders thereunder.

	9.	Notice and Wire Instructions 

  

											
		 	ASSIGNOR:	 	 ASSIGNEE

			
		 	[NAME OF ASSIGNOR]	 	 [NAME OF ASSIGNEE]

			
		 	Notices:	 	 Notices:

						
		 		 	  
	  		 		 	  

		 		 	  
	  		 		 	  

		 		 	  
	  		 		 	  

						
		 		 	Attention:	  		 		 	Attention:
		 		 	Telecopier:	  		 		 	Telecopier:
			
		 	with a copy to:	 	 with a copy to:

						
		 		 	  
	  		 		 	  

		 		 	  
	  		 		 	  

		 		 	  
	  		 		 	  

						
		 		 	Attention:	  		 		 	Attention:
		 		 	Telecopier:	  		 		 	Telecopier:
				
		 	Wire Instructions:	 		 	

  

	10.	The Assignor acknowledges and agrees that (i) tenders of the Term Loans will constitute a binding agreement between the Assignor and the Assignee in accordance
with the terms and conditions of the Auction Procedures and the Credit Agreement; (ii) validly tendered Term Loans will be deemed to have been accepted by the Assignee to the extent such Term Loans are part of a Qualifying Bid upon notification
by the Auction Manager to the Assignor that such Term Loans are part of a Qualifying Bid (subject to applicable proration in accordance with the terms and conditions of the Auction); and (iii) it does not have any withdrawal rights with respect
to any tender of its Term Loans. 

 Subject to and effective upon the acceptance by the Assignee for purchase of
the principal amount of the Term Loans to be assigned by the Assignor to the Assignee, the Assignor hereby irrevocably constitutes and appoints the Auction Manager as the true and lawful agent and attorney-in-fact of the Assignor with respect to
such Term Loans, with full powers of substitution and revocation (such power of attorney being deemed to be an irrevocable power coupled with an interest) to complete or fill-in the blanks in this Assignment and Assumption and deliver the completed
Assignment and Assumption to the Assignee and the Assignor. 

 The Assignor acknowledges and agrees that tenders of its Term Loans pursuant to the Auction
Procedures constitute the Assignor’s acceptance of the terms and conditions (including the proration procedures) contained in the Auction Procedures, the Credit Agreement and this Assignment and Assumption. 

The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	ASSIGNOR
	[NAME OF ASSIGNOR]
		
	By:	 	  

		 	Name:
		 	Title:
	
	ASSIGNEE
	[NAME OF ASSIGNEE]
		
	By:	 	  

		 	Name:
		 	Title:

 Accepted: 

[                         
                   ] 
 as Auction Manager

  

			
	 By:
	 	  

		 	Name:
		 	Title:

 ANNEX 1 
 STANDARD TERMS AND CONDITIONS FOR 
 ASSIGNMENT AND ASSUMPTION 

1. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest,
(ii) the Assigned Interest is free and clear of any lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to
consummate the transactions contemplated hereby, and (iv) it [is][is not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the
Credit Agreement or any other Credit Document, (ii) the execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Documents or any collateral thereunder, (iii) the financial condition of the Borrower,
any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Credit Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective
obligations under any Credit Document. 
 2. The Assignee (a) represents and warrants that it is legally authorized to
enter into this Assignment and Assumption; (b) it does not possess material non-public information with respect to Borrower and its Subsidiaries or the securities of any of them that has not been disclosed to the Lenders generally (other than
Lenders who elect not to receive such information) and (c) agrees that it will be bound by the provisions of the Credit Agreement and will perform in accordance with its terms all the obligations which by the terms of the Credit Agreement are
required to be performed by it. 
 3. From and after the Effective Date, (a) the Assignee shall be a party to the Credit
Agreement bound by the provisions thereof until such time as the Term Loans assigned hereunder are contributed to the Borrower for cancellation, which shall be deemed to occur automatically without further action by any Person on the Effective Date,
and (b) the Assignor shall, to the extent provided in this Assumption Agreement, relinquish its rights (including the right to receive interest on the Term Loans assigned hereunder) and be released from its obligations under the Credit
Agreement. 
 4. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of,
the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of
this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance with, the law of the
State of New York. 

 EXHIBIT 3.01(e)-1 

[FORM OF] 
 U.S.
TAX COMPLIANCE CERTIFICATE 
 (For Foreign Lenders That Are Not Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated,
modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as
Administrative Agent, Swingline Lender and L/C Issuer. 
 Pursuant to the provisions of Section 3.01(e) of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank
within the meaning of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related
to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Administrative Agent
and the Borrower with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so
inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in
which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             , 20[     ] 

 EXHIBIT 3.01(e)-2 

[FORM OF] 
 U.S.
TAX COMPLIANCE CERTIFICATE 
 (For Foreign Participants That Are Not Partnerships For U.S. Federal Income Tax Purposes)

 Reference is hereby made to the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and
restated, modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A.,
as Administrative Agent, Swingline Lender and L/C Issuer. 
 Pursuant to the provisions of Section 3.01(e) of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of
Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as
described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished its participating Lender with a certificate
of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and
(2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar
years preceding such payments. 
 Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall
have the meanings given to them in the Credit Agreement. 
  

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             , 20[     ] 

 EXHIBIT 3.01(e)-3 

[FORM OF] 
 U.S.
TAX COMPLIANCE CERTIFICATE 
 (For Foreign Participants That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated,
modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as
Administrative Agent, Swingline Lender and L/C Issuer. 
 Pursuant to the provisions of Section 3.01(e) of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its direct or indirect partners/members are the sole beneficial owners of such
participation, (iii) with respect such participation, neither the undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or
business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and
(v) none of its direct or indirect partners/members is a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption:
(i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the
undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and
currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

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

			
	[NAME OF PARTICIPANT]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             , 20[     ] 

 EXHIBIT 3.01(e)-4 

[FORM OF] 
 U.S.
TAX COMPLIANCE CERTIFICATE 
 (For Foreign Lenders That Are Partnerships For U.S. Federal Income Tax Purposes) 

Reference is hereby made to the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated,
modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as
Administrative Agent, Swingline Lender and L/C Issuer. 
 Pursuant to the provisions of Section 3.01(e) of the Credit
Agreement, the undersigned hereby certifies that (i) it is the sole record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its direct or indirect
partners/members are the sole beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii) with respect to the extension of credit pursuant to this Credit Agreement or any other Loan Document, neither the
undersigned nor any of its direct or indirect partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code,
(iv) none of its direct or indirect partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its direct or indirect partners/members is a controlled foreign
corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the
Administrative Agent and the Borrower with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY
accompanied by an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on
this certificate changes, the undersigned shall promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and
currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

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

			
	[NAME OF LENDER]
		
	By:	 	  

		 	Name:
		 	Title:

 Date:             , 20[     ] 

 Exhibit 5.01(d) 

[FORM OF] 

SECRETARY’S CERTIFICATE 
 Pursuant to Section 5.01(d) of the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time,
the “Credit Agreement”), by and among Dycom Industries, Inc., a Florida corporation, as the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent,
Swingline Lender and L/C Issuer, the undersigned             of [CREDIT PARTY] (the “Company”) hereby certifies as follows: 

1. Attached hereto as Annex I is a true and complete copy of resolutions duly adopted by the board of directors of the Company which
(a) approve and adopt the Credit Documents to which the Company is a party and the transactions contemplated therein and (b) authorize the execution, delivery and performance of such Credit Documents. Such resolutions have not in any way
been rescinded or modified and have been in full force and effect since their adoption to and including the date hereof; and such resolutions are the only proceedings now in force relating to or affecting the matters referred to therein. 

2. Attached hereto as Annex II is a true and complete copy of the [articles of incorporation][certificate of formation][certificate of
limited partnership] of the Company as certified by the appropriate governmental authority of the state of incorporation or formation, and such [articles of incorporation][certificate of formation][certificate of limited partnership] [have][has] not
been amended, repealed, modified or restated since the date of certification by such governmental authority and [are][is] in full force and effect on the date hereof, and no action for any amendment thereto, or the dissolution of the Company, has
been taken since such date. 
 3. Attached hereto as Annex III is a true and complete copy of the [bylaws][operating
agreement][partnership agreement] of the Company and all amendments thereto as in effect on the date hereof. 
 4. The following
persons are now the duly elected and qualified officers of the Company, holding the offices indicated next to the names below, and the signatures appearing opposite the names below are their true and genuine signatures, and each of such officers is
duly authorized to execute and deliver on behalf of the Company the Credit Documents to which the Company is a party and to act as a Responsible Officer on behalf of the Company under the Credit Agreement: 

 

									
	 	 	 Name
	  	 Office
	  	 Signature
	 	 
		 	  
	  	  
	  	  
	 	
		 	  
	  	  
	  	  
	 	
		 	  
	  	  
	  	  
	 	

 IN WITNESS WHEREOF, the undersigned has hereunto set his/her name as of the date first above
written. 
  

			
	By:	 	  

	Name:	 	
	Title:	 	

 I,
                    ,                      of the
Company, hereby certify, as of the date first above written, that                      was validly appointed to the office of and is the
                     of the Company and that the signature set forth above is his/her authentic signature. 

 

			
	By:	 	  

	Name:	 	
	Title:	 	

 Exhibit 5.01(n) 

[FORM OF] SOLVENCY CERTIFICATE 
 [Date] 
 This SOLVENCY CERTIFICATE (this “Certificate”) is furnished to the
Administrative Agent and the Lenders pursuant to Section 5.01(n) of the Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the
“Credit Agreement”), by and among Dycom Industries, Inc. a Florida corporation (the “Borrower”), the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as
Administrative Agent, Swingline Lender and L/C Issuer. Unless otherwise defined herein, capitalized terms used in this Certificate shall have the meanings set forth in the Credit Agreement. 
 I,                     , the Senior Vice President and Chief Financial Officer of the Borrower, in that
capacity only and not in my individual capacity (and without personal liability), DO HEREBY CERTIFY on behalf of the Borrower that, as of the date hereof, after giving effect to the consummation of the transactions contemplated by the Credit
Agreement and the incurrence of indebtedness and obligations being incurred in connection with the Credit Agreement and the transactions contemplated therein, that: 
 1. The amount of “fair saleable value” of the assets of the Borrower and its Restricted Subsidiaries, on a consolidated basis, exceeds (i) the value of all liabilities of the Borrower and
its Restricted Subsidiaries, on a consolidated basis, including contingent and other liabilities, and (ii) the amount that will be required to pay the probable liabilities of the Borrower and its Restricted Subsidiaries, on a consolidated
basis, on its existing debts (including contingent liabilities) as such debts become absolute and matured. 
 2. The Borrower and its Restricted
Subsidiaries, on a consolidated basis, do not have an unreasonably small amount of capital for the operation of the businesses in which they are engaged. 
 3. The Borrower and its Restricted Subsidiaries, on a consolidated basis, are able to pay their liabilities, including contingent and other liabilities, as they mature. 

4. For purposes of this Certificate, (i) “not have an unreasonably small amount of capital for the operation of the businesses in which it is
engaged or proposed to be engaged” and “able to pay its liabilities, including contingent and other liabilities, as they mature” means that the Borrower and its Restricted Subsidiaries, on a consolidated basis, will be able to
generate enough cash from operations, asset dispositions or refinancing, or a combination thereof, to meet its obligations as they become due, and (ii) the amount of any contingent liability has been computed as the amount that, in light of all
of the facts and circumstances existing as of the date hereof, represents the amount that can reasonably be expected to become an actual or matured liability. 
 5. The undersigned is generally familiar with the business and assets of the Borrower and its Restricted Subsidiaries and is duly authorized to execute this Certificate on behalf of the Borrower pursuant
to the Credit Agreement. 
 [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, I have executed this Certificate as of the date first written above. 

 

			
	 DYCOM INDUSTRIES, INC.,

	 a Florida corporation

		
	By:	 	  

	Name:	 	
	Title:	 	Senior Vice President and Chief Financial Officer

 Exhibit 7.02(b) 

[FORM OF] COMPLIANCE CERTIFICATE 
  

	TO:	Bank of America, N.A., as Administrative Agent 

  

	RE:	Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the
“Credit Agreement”), by and among Dycom Industries, Inc., a Florida corporation (the “Borrower”), the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as
Administrative Agent, Swingline Lender and L/C Issuer; capitalized terms used herein and not otherwise defined shall have the meanings set forth in the Credit Agreement 

 

	DATE:	[Date] 

 Pursuant to
Section 7.02(b) of the Credit Agreement, I,                     , hereby certify in my official capacity as
                     of the Borrower, that to the best of my knowledge and belief as of the fiscal year/quarter ending
            ,         , the statements below are accurate and complete in all respects (all capitalized terms used herein shall have the meanings set
forth in the Credit Agreement): 
 (a) The financial statements for the fiscal period cited above, which accompany this
Compliance Certificate, fairly present in all material respects the financial condition of the Borrower and its Subsidiaries for such period in conformity with GAAP applied on a consistent basis. 

(b) During the fiscal period cited above each of the Credit Parties observed or performed its covenants and other agreements under the
Credit Agreement and other Credit Documents, and satisfied the conditions contained in the Credit Agreement to be observed, performed or satisfied by it (except to the extent waived in accordance with the provisions of the Credit Agreement).

 (c) I have obtained no knowledge of any Default or Event of Default under the Credit Agreement. 

(d) Attached hereto as Schedule 1 are calculations (calculated as of the date of the financial statements/reports referred to in
paragraph (a) above) which demonstrate compliance by the Credit Parties with each of the financial covenants contained in Section 7.07 of the Credit Agreement. 

 
			
	DYCOM INDUSTRIES, INC.,
	a Florida corporation
		
	By:	 	  

	Name:	 	
	Title:	 	

 Schedule 1 
 [Borrower to provide] 

 Exhibit 7.09 
 [FORM OF] GUARANTOR JOINDER AGREEMENT 
 THIS GUARANTOR JOINDER AGREEMENT (this
“Agreement”), dated as of             ,         , is by and among
                    , a                      (the
“Subsidiary Guarantor”), DYCOM INDUSTRIES, INC., a Florida corporation (the “Borrower”), the Guarantors, and BANK OF AMERICA, N.A., in its capacity as Administrative Agent under that certain Credit Agreement, dated
as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time, the “Credit Agreement”), by and among the Borrower, the Guarantors identified therein, the
Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer (the “Administrative Agent”). Capitalized terms used herein but not otherwise defined shall have the
meanings provided in the Credit Agreement. 
 [The Subsidiary Guarantor is a Material Domestic Subsidiary that is a Restricted
Subsidiary or is required by Section 7.09 of the Credit Agreement to become a “Guarantor” thereunder.][The Borrower desires that the Subsidiary Guarantor become a “Guarantor” under the Credit Agreement]. 

Accordingly, the Subsidiary Guarantor hereby agrees as follows with the Administrative Agent, for the benefit of the Lenders: 

1. The Subsidiary Guarantor hereby acknowledges, agrees and confirms that, by its execution of this Agreement, the Subsidiary Guarantor
will be deemed to be a party to the Credit Agreement and a “Guarantor” for all purposes of the Credit Agreement and the other Credit Documents, and shall have all of the obligations of a Guarantor thereunder as if it had executed the
Credit Agreement and the other Credit Documents. The Subsidiary Guarantor hereby ratifies, as of the date hereof, and agrees to be bound by, all of the terms, provisions and conditions contained in the Credit Documents, including without limitation
(a) all of the representations and warranties of the Credit Parties set forth in Article VI of the Credit Agreement and (b) all of the affirmative and negative covenants set forth in Articles VII and VIII of the Credit Agreement. Without
limiting the generality of the foregoing terms of this paragraph 1, the Subsidiary Guarantor hereby jointly and severally together with the other Guarantors, guarantees to each Lender and the Administrative Agent as provided in the Credit
Agreement the prompt payment of the Obligations in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise) strictly in accordance with the terms thereof and agrees
that if any of such Obligations are not paid in full when due (whether at stated maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise), the Subsidiary Guarantor will, jointly and severally together
with the other Guarantors, promptly pay the same, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Obligations, the same will be promptly paid in full when due (whether at
extended maturity, as a mandatory prepayment, by acceleration, as a mandatory Cash Collateralization or otherwise) in accordance with the terms of such extension or renewal. 
 2. The Subsidiary Guarantor hereby acknowledges, agrees and confirms that, by its execution of this Agreement, the Subsidiary Guarantor will be deemed to be a party to the Pledge Agreement, and shall have
all the rights and obligations of a “Pledgor” thereunder as if it had executed the Pledge Agreement. The Subsidiary Guarantor hereby ratifies, as of the date hereof, and agrees to be bound by, all the terms, provisions and conditions
contained in the Pledge Agreement. Without limiting the generality of the foregoing terms of this paragraph 2, the Subsidiary Guarantor hereby pledges and assigns to the Administrative Agent, for the benefit of the Secured Parties, and
grants to the Administrative Agent, for the benefit of the Secured Parties, a continuing security interest in any and all right, title and interest of the Subsidiary Guarantor in and to Pledged Collateral (as such term is defined in Section 2
of the Pledge Agreement). 

 3. The Subsidiary Guarantor acknowledges and confirms that it has received a copy of the
Credit Agreement and the schedules and exhibits thereto. The information on the schedules to the Credit Agreement are hereby amended to include the information shown on the attached Schedule A (Schedules to the Credit Agreement and Security
Documents). 
 4. The information on Schedule B (Disclosure Information) to this Agreement is true and correct as of the
date hereof. 
 5. The Borrower and the Guarantors confirm that all of their obligations under the Credit Agreement are, and
upon the Subsidiary Guarantor becoming a Guarantor, shall continue to be, in full force and effect. The parties hereto confirm and agree that immediately upon the Subsidiary Guarantor becoming a Guarantor, the term “Obligations,” as used
in the Credit Agreement, shall include all obligations of such Subsidiary Guarantor under the Credit Agreement and under each other Credit Document. 
 6. The Subsidiary Guarantor hereby agrees that upon becoming a Guarantor it will assume all Obligations of a Guarantor as set forth in the Credit Agreement. 

7. Each of the Borrower and the Subsidiary Guarantor agrees that at any time and from time to time, upon the written request of the
Administrative Agent, it will execute and deliver such further documents and do such further acts and things as the Administrative Agent may reasonably request in order to effect the purposes of this Agreement. 

8. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 

9. This Agreement (a) may be executed in two or more counterparts, each of which shall constitute an original but all of which when
taken together shall constitute one contract and (b) may, upon execution, be delivered by facsimile or electronic mail, which shall be deemed for all purposes to be an original signature. 

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK] 

 IN WITNESS WHEREOF, each of the Borrower and the Subsidiary Guarantor has caused this
Agreement to be duly executed by its authorized officer, and the Administrative Agent, for the benefit of the Lenders, has caused the same to be accepted by its authorized officer, as of the day and year first above written. 

 

							
	BORROWER:	 		 	DYCOM INDUSTRIES, INC.,
		 		 	a Florida corporation
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
			
	SUBSIDIARY GUARANTOR:	 		 	[SUBSIDIARY GUARANTOR]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	
			
	GUARANTORS:	 		 	[LIST ALL GUARANTORS AS OF THE DATE OF EXECUTION]
				
		 		 	By:	 	  

		 		 	Name:	 	
		 		 	Title:	 	

 Acknowledged and accepted: 
  

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

	Name:	 	
	Title:	 	

 Schedule A 
 Schedules to Credit Agreement and Security Documents 

 Schedule B 
 Disclosure Information 
 Legal Name of Credit Party (and any previous legal 

names within the last five years): 
 State of
Organization: 
 Jurisdictions of Organization: 
 Type of Organization: 
 Address of Chief Executive Office: 

Address of Principal Place of Business: 

Business Phone Number: 

Organizational Identification Number:7 
 Federal Tax
Identification Number: 
 Ownership Information (e.g. publicly held, if 
 private or partnership—identity of 
 owners/partners): 

List the issued and outstanding equity interests 

owned by (a) the Subsidiary Guarantor and (b) the 
 owner of the Subsidiary Guarantor’s equity 
 interests: 

[TO BE COMPLETED BY BORROWER/SUBSIDIARY GUARANTOR] 
  

 

	7 	 This item does not apply to a Credit Party organized under the laws of Alabama, Indiana, Massachusetts, Nebraska, New Hampshire, New Mexico, New York,
Oklahoma, South Carolina, Vermont or West Virginia. 

 Exhibit 11.06(b) 

[FORM OF] ASSIGNMENT AND ASSUMPTION 
 This Assignment and Assumption (this “Assignment and Assumption”) is dated as of the Effective Date set forth below and is entered into by and between [Insert name of Assignor]
(the “Assignor”) and [Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (the
“Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto are hereby agreed to and incorporated herein by reference and made
a part of this Assignment and Assumption as if set forth herein in full. 
 For an agreed consideration, the Assignor hereby
irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, subject to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date
inserted by the Administrative Agent as contemplated below (i) all of the Assignor’s rights and obligations as a Lender under the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to
the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the respective facilities identified below [(including, without limitation, Letters of Credit and Swingline Loans included in
such facilities)] and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising
under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including, but not limited to,
contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above (the rights and obligations sold and assigned
pursuant to clauses (i) and (ii) above being referred to herein collectively as, the “Assigned Interest”). Such sale and assignment is without recourse to the Assignor and, except as expressly provided in this Assignment
and Assumption, without representation or warranty by the Assignor. 
  

					
	 1.      Assignor:
	  	  
	  	
		
	          Assignor [is] [is not] a Defaulting Lender.
	  	
			
	 2.      Assignee:
	  	  
	  	
		  	[and is an Affiliate/Approved Fund of [identify Lender]1]
		
	 3.      Borrower:
	  	Dycom Industries, Inc., a Florida corporation
		
	 4.      Administrative Agent:
	  	Bank of America, N.A., as the administrative agent under the Credit Agreement
		
	 5.      Credit Agreement:
	  	Credit Agreement, dated as of December 3, 2012 (as amended, restated, amended and restated, modified, supplemented, increased or extended from time to time), by
and among the Borrower, the Guarantors identified therein, the Lenders from time to time party thereto and Bank of America, N.A., as Administrative Agent, Swingline Lender and L/C Issuer

  

	1 	 Select as applicable. 

	6.	Assigned Interest: 

  

											
	Facility Assigned2	  	 Aggregate Amount of
 Commitment/Loans
 for all Lenders*
	  	 Amount of
 Commitment/Loans
 Assigned*
	 	  	Percentage Assigned of
Commitment/Loans3	 
				
		  	$                           
             	  	 	$                           
 	  	  	 	    %	  
				
		  	$                           
             	  	 	$                           
 	  	  	 	%	  
				
		  	$                           
             	  	 	$                           
 	  	  	 	%	  

  

	[7.	 Trade Date:
                            ]4 

 Effective Date:             , 20         [TO BE INSERTED BY AGENT AND WHICH SHALL BE THE EFFECTIVE DATE
OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 
 The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	ASSIGNOR
	[NAME OF ASSIGNOR]
		
	By:	 	  

	Name:	 	
	Title:	 	
	
	ASSIGNEE
	[NAME OF ASSIGNEE]
		
	By:	 	  

	Name:	 	
	Title:	 	

 [Consented to and]5 Accepted: 
  

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

	Name:	 	
	Title:	 	

 [Consented to:]6 
 [BANK OF
AMERICA, N.A., as L/C Issuer][and Swingline Lender] 
  

	2	 Fill in the
appropriate terminology for the types of facilities under the Credit Agreement that are being assigned under this Assignment (e.g., “Revolving Commitment,” “Term Loan Commitment,” etc.) 

	*	Amount to be adjusted by the counterparties to take into account any payments or prepayments made between the Trade Date and the Effective Date

	3	 Set forth, to at
least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 

	4 	 To be completed if the Assignor and the Assignee intend that the minimum assignment amount is to be determined as of the Trade Date.

	5 	 To be added only if the consent of the Administrative Agent is required by the terms of the Credit Agreement. 

	6 	 To be added only if the consent of the Borrower and/or other parties (L/C Issuer or Swingline Lender) is required by the terms of the Credit Agreement.

			
	By:	 	  

	Name:	 	
	Title:	 	
	
	[DYCOM INDUSTRIES, INC.,
	a Florida corporation
		
	By:	 	  

	Name:	 	
	Title:]	 	

 ANNEX 1 
 STANDARD TERMS AND CONDITIONS FOR 
 ASSIGNMENT AND ASSUMPTION 

1. Representations and Warranties. 
 1.1 Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of any
lien, encumbrance or other adverse claim, (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby, and (iv) it
[is] [is not] a Defaulting Lender; and (b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Credit Document, (ii) the
execution, legality, validity, enforceability, genuineness, sufficiency or value of the Credit Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person
obligated in respect of any Credit Document or (iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Credit Document. 

1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all
action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it meets the requirements to be an assignee under
Section 11.06(b)(iii) and (v) of the Credit Agreement (subject to such consents, if any, as may be required under Section 11.06(b)(iii) of the Credit Agreement), (iii) from and after the Effective Date, it shall be bound by the
provisions of the Credit Agreement as a Lender thereunder and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it is sophisticated with respect to decisions to acquire assets of the type
represented by the Assigned Interest and either it, or the Person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets of such type, (v) it has received a copy of the Credit
Agreement, and has received or has been accorded the opportunity to receive copies of the most recent financial statements delivered pursuant to Section 7.01 thereof, as applicable, and such other documents and information as it deems
appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, (vi) it has, independently and without reliance upon the Administrative Agent or any other Lender and
based on such documents and information as it has deemed appropriate, made its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest, and (vii) if it is a Foreign Lender, attached
hereto is any documentation required to be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee; and (b) agrees that (i) it will, independently and without reliance on the
Administrative Agent, the Assignor or any other Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Credit Documents, and
(ii) it will perform in accordance with their terms all of the obligations which by the terms of the Credit Documents are required to be performed by it as a Lender. 
 2. Payments. From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other
amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date. 

3. General Provisions. This Assignment and Assumption shall be binding upon, and inure to the benefit of, the parties hereto and
their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed counterpart of a signature page of this Assignment and
Assumption 

 
by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in accordance
with, the law of the State of New York.

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